Good morning. I will call to order this Senate Budget committee hearing. Good morning and welcome to the Senate Budget committees hearing on the president s budget 2019. Al for fiscal year this budget submission comes to us on the heels of a busy first year for President Trump. I am proud of the hard work and leadership that went into passing the tax cuts and jobs progrowth taxc bill that is bringing investments back to america and boosting takehome pay for workers. The president s new budget submission, and im interested in learning how the Administration Proposes to build on this momentum and further strengthen our economy. One of my greatest concerns as a United States senators ar our Countries National debt. To secure our economy longterm for future generations we must tackle this growing problem while lowering taxes is proving to bolster our economy which will bring in new revenue, we we have a spending problem in america. I look forward to hearing which way we could use taxpayer
[background noises] good morning. Today we welcome for nominees to testify before the committee as we consider the nominations to serve as commissioners of the federal trade commission. Joseph simons has been nominated to serve as commissioner and tc chairman and his credentials are impressive. He served as the f tcs antitrust enforcer among other positions of the commission. Most recently he served as partner and cochair of the antitrust group at the law firm of paul, weiss, ripken and garrison. Hes in antitrust and Consumer Protection attorney who was recently served as Vice President for Regulatory International Affairs at delta airlines. Among other credentials she too has worked at the commission serving as chief of staff, the ftc chairman during the george w. Bush and menstruation. Know what is a familiar face. Currently serves as chief counsel to senator john cornyn where he advises on issues including antitrust Consumer Privacy and intellectual property. Finally floyd will is a
We have seen serious issues come to light. The Credit Bureau was falsely marking consumers as terrorists and we have to get to these core accuracy issues and that is something that warrants bipartisan attention about what we can do to make sure the plumbing of our Consumer Financial infrastructure is working better. We need to use the fair credit reporting act as well as other laws. I agree the commission needs to amp up its work with respect to consumer reporting. Final question, i have spoken to you about this. Im interested in this area of predictive algorithms, some is simple Data Analytics available decades ago, some is getting more robust and sophisticated. I am interested in this space because it is not clear who has jurisdiction. Some of it may be doj, some might be the fcc, algorithms that serve as a proxy for race or geographic locations or disability status and these predictive algorithms are sold as a product to a government or a company, but they are a black box because th
[background noises] [background noises] good morning. Today we welcome for nominees to testify before the committee as we consider the nominations to serve as commissioners of the federal trade commission. Joseph simons has been nominated to serve as commissioner and tc chairman and his credentials are impressive. He served as the f tcs antitrust enforcer among other positions of the commission. Most recently he served as partner and cochair of the antitrust group at the law firm of paul, weiss, ripken and garrison. Hes in antitrust and Consumer Protection attorney who was recently served as Vice President for Regulatory International Affairs at delta airlines. Among other credentials she too has worked at the commission serving as chief of staff, the ftc chairman during the george w. Bush and menstruation. Know what is a familiar face. Currently serves as chief counsel to senator john cornyn where he advises on issues including antitrust Consumer Privacy and intellectual property. Fin
I like to call the hearing to order. And id like to recognize the chairman of the committee for a statement. Thank you senator burns. Senator casey members of the committee. How to think senator burr for chairing the hearing today and senator casey for serving as Ranking Member at senator murrays request. Theyre both been leaders. Senator per was the original author of the first passage of the pandemic. He helps protect us from the full range of Public Health threats. Natural disasters and outbreaks of net the disease. Then in 2013, senators bring caseys led the bipartisan authorization of the pandemic and all hazards act. Many can be contributed to that time including senators and see in bennett, war, hatch, roberts, and others. Now it needs to be reauthorized for second time. Todays hearing is the second weve have the sheer. Last week we heard from the administration on recommendations of advance including from the assistant secretary of preparedness and response the senators for the