Round of questions. We expect you to answer them fully and to the best of your ability. The commission is fully formed and five members. According to that commission, deaths and injuries and Property Damage if incidents stemming from Consumer Product cost the nation more than a trillion dollars. Thats an economic cost, the cost to human beings and lives and families is even much more and unknowable. You have a mandate to protect consumers from risks associated with 15,000 Consumer Products including household products, toys, Sporting Goods and more. They were established by the safety act in 1972. The jurisdictionally independent agency chargesen with forcing various federal statutes geared at protecting consumers. Central to the commissions function is the use of voluntarily Consumer Product standards instead of mandatory regulations, requirements when appropriate. This approach allows the agency to have a collaborative working relationship with consumer advocacy groups, manufacturers
From u. S. Consumer Product Safety Commission members on hazard quus products and consumer safety. They spoke about recent recalls including a fisher price sleeper that was associated with the deaths of more than 30 infants. This is about an hour and 15 minutes. Good morning, everyone. The subcommittee will come to order. Welcome to todays oversight hearing on consumer Product Safety Commission. Thank you to all the commissioners for being with us today. I am meezed that were having an on time start. We have votes at 11 30. There will only be one round of questions. That doesnt mean the witnesses cant pretend they dont have all the answers in the first round of questions. We expect you to answer them fully and to the best of your ability. The commission is fully formed and five members. According to that commission, deaths and injuries and Property Damage if incidents stemming from Consumer Product cost the nation more than a trillion dollars. Thats an economic cost, the cost to human
Replaying bank currencies, i think were a long way from t t that. So essential not too concerned about central barracks no long or Digital Currencies you know, facebook has made i believe quite broad rounds around the world with regulators, supervisors, and lots of people to discuss their plans. That certainty includes us, and its something were looking at. We immediate with a brought range of and there is just a tremendous amount of innovation going out out there. There is pour tenchally benefits, also potentially ricks. So i would echo what Governor Carney said, which is that we will wind up having quite High Expectations from saved and soundness and regulatory standpoint if they do decide to go forward with something. You know, we dont have Plenary Authority over cryptocurrency sits as such. They play through our world through Consumer Protection and money laundering, things like that but through international forums, you know, we have significant input into the payment system, and
Beauty products that are making a come back. And we have a huge holiday surprise planned for some really deserving kids. There they are those are all the kids from st. Jude. Youre not going to want to miss this. Were going to take great care of these great kids. Oh, i love these kids. I got to go to st. Jude a couple years in a row. Its one of the most special places in the world. You go in, and you think youre going to feel sad, but theres something about the place that makes you feel joyful, the way the kids are, the staff, and the families. And hopeful because of the research. Were both exhausted, because jenna and i did a class yesterday, its soul cycle. If you have ever take and class, we drenched. Its like you jumped in a pool. And jenna, youre doing something. All the today show people that came out. We dance, sang, lori cole whos a great instructor there let us. Afterwards you slipped out like a normal person. And you partied . I ate. Thats a candlelight dinner . No, its a warb
This song is called love my self, by Hailey Seinfeld. Shes adorable. And shes going to be at the billboard awards where were going to go a little later today. Shes here today. She was in Pitch Perfect two. And if you didnt know her before, you knew her then. Anyway, shes going to put a little jingle into our holidays. And then bobbie, my favorite. Look at this mama she keeps getting hotter and hotter, here with her favorite Beauty Products that are making a come back. And we have a huge holiday surprise planned for some really deserving kids. There they are those are all the kids from st. Jude. Youre not going to want to miss this. Were going to take great care of these great kids. I got to go to st. Jude a couple years in a row. Its one of the most special places in the world. You go in, and you think youre going to feel sad, but theres something about the place that makes you feel joyful, the way the kids are, the staff, and the families. Research. Were both exhausted, because jenna