Cspan coming your unfiltered view of politics. The Senate Aging Committee looks at the coronavirus and Racial Health disparities. Members and witnesses talk about how covid19 disproportionately addresses fx minority communities. Effects minority communities. Senator moran the Economic Impact of the shuttered main street businesses resulting in responsible Public Health protocols have been felt in every corner of the country. T has become clear that however, during this time of National Emergency and courtney did recovery, there are scam artists that seek to take advantage of consumers especially the nations most full noble communities like that of our nation seniors. Sentinel Consumer Network reports that consumers across the u. S. Have reported cases of different scams totaling approximately 90 million in losses from january 1 until july 20, 2020. At home in kansas over the same time period, consumers report over 500 million cases. Everyone should also bear in only the these are repor
Lets take a look at what is happening in asia too. Those markets were closed. Hang seng off by. 1 and the shanghai up about a quarter percent. Youll see at this hour, slight gains across the board italy up three major averages up. 1 to. 2 . The tenyear is yielding 1. 772 . The 30year at 1. 28. We were just talking about all of this. All of those moves made. Pretty confusing to figure out what was happening and why i think there are a lot of people looking at a lot of these small events and does it have bigger implications. In this environment where everyone is feeling uncertain. I think these fractures make more people nervous. Whether this is a bigger issue, i will know this weighs on investors sieky i had a 2007, summer of 2007 bnp scare. There was maybe 2 billion that was frozen, sub prime and there was a freak out. At the time, it didnt feel meaningful this is the first time the fed stepped in the only time they did this was in the middle of a crisis. Thats right. This is a warning
This is two hours and ten minutes. Thank you for coming. My name is seth jones, the harold brown chair and director of trance National Threats project for the center of international studies. We have a fantastic two sets of panels on what is an important subject and i think increasingly important subject and part of the motivation i think from Suzanne Spaulding and i in looking at this and i have to give you u credit, suzanne, for being the brain child behind this, was to look at some of the recent attacks including el paso and the synagogue attacks and note that there has been a dialogue debate within the u. S. About how to respond to it. The degree of threat and how serious it is then how to respond to it. So what we like to do is move in the following sense. Were going to begin with a discussion about the evolution of the threat. And how domestic terrorism, i know some of the terminology for these groups is the racially motivated violent groups. I cannot promise the panelists are go
Good morning. The committee will come to order. Thank you for joining us today. Im pleased to welcome federal trade commissioner Joseph Simons and commissioner chopra. Batting. 100 so far . 1000. Its the cupping im thinking of. It has been more than seven years since the ftc has appeared before this Sub Committee. Youre right. Its overdue, and ftc is one of the most important agencies this Sub Committee funds. And its only gotten more important over the last few years. You have enormous jurisdiction. Policing most sectors of our economy for bad behavior. You crack down on abusive robocallers. They investigate data breaches that expose sensitive personal information. They analyze consolidation in the health care market. Helping to limit abusive pricing for essential drugs and health services. Perhaps at the front of mind they are the top cop on the beat for Consumer Privacy violations and other issues in the Technology Sector. This is something everyone worries about these days. Democra
Welcome to this hearing on the subcommittee on antitrust policy and consumer rights. Today we are pleased to have with us the chairman of the federal trade commission, joseph simons, and the assistant attorney general for the antitrust division at the department of justice, makan delrahim. Welcome to both of you. As an initial matter, as a matter of housekeeping, we have been informed we may have a block of more votes starting about an hour from now. The practical matter, we may be able to push it to an hour and a half from now, but before we hit the recess at some point we will likely have to go to recess to cast a few votes. We will have to play some of that by ear. I apologize in advance. Theres no way to predict these in advance. It does seem to be an uncanny event, with antitrust subcommittee hearings. It seems to be a good predictor, albeit an unintentional predictor of when votes are going to occur. As both of you know, ive been critical of the fact that we have two federal agen