Chair good morning, now that our executive session is complete we turn to the issue of data breaches. This is not a new issue. The committee has been focused on the Consumer Impact since before i was elected to the senate. The september 2004 choice point breach was considered to be the first highprofile data breach in the modern era prompted investigations from this committee and state authorities. Choice point was a data Aggregation Company originally as fateby equifax who would have it is represented here today. In terms of the inquiry the major data breaches, we have come full circle. Congress and this committee paid close attention to data breaches big and small. The committee has entertained proposals to strengthen requirements for Companies Across the board and impose federal requirements for companies to notify consumers following discovery of the breach. We are in the air of major data breaches, including equifax and yahoo that we are examining. The yahoo breaches are larger, t
Chair good morning, now that our executive session is complete we turn to the issue of data breaches. This is not a new issue. The committee has been focused on the Consumer Impact since before i was elected to the senate. The september 2004 choice point breach was considered to be the first highprofile data breach in the modern era prompted investigations from this committee and state authorities. Choice point was a data Aggregation Company originally as fateby equifax who would have it is represented here today. In terms of the inquiry the major data breaches, we have come full circle. Congress and this committee paid close attention to data breaches big and small. The committee has entertained proposals to strengthen requirements for Companies Across the board and impose federal requirements for companies to notify consumers following discovery of the breach. We are in the air of major data breaches, including equifax and yahoo that we are examining. The yahoo breaches are larger, t
Included the current and former ceos of equifax, the credit agencies that reported a cyber attack involving as many as 143 million consumers. This is two and a half hours. Chair good morning, now that our executive session is complete we turn to the issue of data breaches. This is not a new issue. The committee has been focused on the Consumer Impact since before i was elected to the senate. The september 2004 choice point breach was considered to be the first highprofile data breach in the modern era prompted investigations from this committee and state authorities. Choice point was a data Aggregation Company originally as fateby equifax who would have it is represented here today. In terms of the inquiry the major data breaches, we have come full circle. Congress and this committee paid close attention to data breaches big and small. The committee has entertained proposals to strengthen requirements for Companies Across the board and impose federal requirements for companies to notif
At 10 00, we will get weekly crude inventory numbers from the u. S. Which are expected to drop. At 2 00, it will be the fed decision followed by Janet Yellens press conference 30 minutes later. We will bring you live coverage starting at 1 00 p. M. Today. First, we want to give you a preview of that decision. And so, we turn to mike mckee in washington. Mike, there is not much suspense on what they are going to do on the rate. What are we looking for . Mike it sounds like a cliche, but it is about what they do and not what they say. We will look at the soft patch to see why they need they feel the need to raise rates anyway. What are they going to say about unemployment . It is now below where they were projected in march. The cpi numbers could be very important, because they have to explain what is going on with inflation which has dropped off significantly. Is it going to continue to drop . If so, why do they think so . This all has to do with what wall street takes as its forecast.
Commute. Good morning. Good morning, everybody. As you step outside youre not going to believe snow is coming tonight because its so darn high. Couple sprinkles clearing the coast over by the shore and were in the process of drying out. As we take a look at the wide view, cloud cover a plenty. Well probably get some sunny breaks later on and for now as you look to the west there really isnt a lot of additional precipitation but theres an area low pressure boiling down to the south of us and it is, excuse me, on its way here and overnight tonight in through tomorrow morning we are going to get some snow. Winter storm warning has been posted by the Weather Service starting at midnight in the northern suburbs starting at 4 00 a. M. In the i95 corridor. It doesnt end until 4 00 in the afternoon tomorrow and were looking at periods of heavy snow overnight tonight in through tomorrow morning. This area in through here could go anywhere from four to 8inches with maybe some higher amounts the