[inaudible conversations] [inaudible conversations] come to order. Without objection the chair is authorized to declare a re cess for the committee atanytime. Entitled bureaucratic overreach for Consumer Protection. Examining the cfpbs latest action to restrict composition in the payments. Without objection all members have five legislative days to bmit extraneous materials for inclusion in the record. I want to recognize myself for five minutes to give an opening statement. Todays hearing, bureaucratic overreach or Consumer Protection, examining the cfpbs latest action to restrict competition in payments in my view is critical because its going to talk about this large participants in the general use of Digital Consumer payment applications market. This is the sixth lpr that the cfpb has initiated. And putting aside the egregiously short Comment Period which frustrates both members of this committee, the deep analysis which are both have become hallmarks of this administration, i find
[inaudible conversations] come to order. Without objection the chair is authorized to declare a re cess for the committee at anytime. Entitled bureaucratic overreach for Consumer Protection. Examining the cfpbs latest action to restrict composition in the payments. Without objection all members have five legislative days to submit extraneous materials for inclusion in the record. I want to recognize myself for five minutes to give a opening statement. Todays hearing, bureaucratic overreach or Consumer Protection examining the cfpbs latest action to restrict competition in payments in my view is critical because its going to talk about this large participants in of Digital Consumer payment applications market. This is the sixth lpr that the cfpb has initiated. And putting aside the egregiously short Comment Period which frustrates both members of this committee, the deeply flawed cost benefit analysis which are both have become hallmarks of this administration i find the substance of pr
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Stuart the war is widening, israel has stepped up the targeting of hamas in gaza there have been on the ground raids beautiful land invasion has not started. President biden is trying to restrain israel from the Ground Invasion. Hezbollah and iranian proxy has fired more rockets and antitank missiles into northern israel that is looking more like a second front. Separately Fox Trey Yingst has been interviewing witnesses to october 7 attack there is video which we will not show you the atrocities. It was a deliberate massacre. On the market this morning, here is the news the ten year treasury moves above 5 . It is at 497, ten minutes ago it was a 501. It hit the 5 level. As for the two year that is well above 5 were looking at five tend to be precise. Plus the expanding were producing some stock selling this morning, the dow industrial done 140, nasdaq 1050. Here is a bright spot, bitcoin been well above 30000, 30600 to be precise, i thought the war would move oil up but now its around
[inaudible conversations] [inaudible conversations] come to order. Without objection the chair is authorized to declare a re cess for the committee at anytime. Entitled bureaucratic overreach for Consumer Protection. Examining the cfpbs latest action to restrict composition in the payments. Without objection all members have five legislative days to submit extraneous materials for inclusion in the record. I want to recognize myself for five minutes to give an opening statement. Todays hearing, bureaucratic overreach or Consumer Protection, examining the cfpbs latest action to restrict competition in payments in my view is critical because its going to talk about this large participants in the general use of Digital Consumer payment applications market. This is the sixth lpr that the cfpb has initiated. And putting aside the egregiously short Comment Period which frustrates both members of this committee, the deeply flawed cost benefit analysis which are both have become hallmarks of th