Close of trade. Julie hyman is standing by. The story this afternoon all about oil as we see it returns we bear market. Julie we have been talking about oil falling below 40 a barrel at some point today. This is on the outlook for the to not be abating at a fast enough pace to justify the price of oil. We are seeing a pullback to just over 40 a barrel at the moment. We saw a big increase in net shorts in terms of oil. We saw a big surge, the biggest on record on a weekly basis. Look at oil since its highs in june. You see this bear market we have entered. A pullback of 22 as we were talking about half an hour ago. Now trading below the 200day average. As it has worsened over the day, we have seen stocks worsen as well. The nasdaq the lone gain of the three major averages. Energy is a big part of the story today. That is the biggest drag on the s p 500. You can see some of the big percentage declines we are seeing. Many accelerating over the course of the day. They are all slumping in t
[inaudible conversations]. Is. [inaudible conversations] are my wife [inaudible conversations] thit under way my apologies for being tardy but they you for your patience and welcome to todays hearing on the Telephone Consumer Protection Act nearly 25 years ago Congress Look to protect the privacy of individuals to prevent legitimate telemarketing practices and as a result a number of telemarketing practices have been reduced or eliminated for example, companies have to maintain the do not call list and not make solicitation calls before eight after 9 00 but it is showing its age with the opportunities to ensure consumers benefit from modern communication consumers should take advantage of new technology to help put them avoid falling victim from the do not call requirements. They have not received a recorded voice that they have one of cruz and to ensure the sec will take action against harassing practices and has the tools to bring bad actors to justice including those operating overs
Under way my apologies for being tardy but they you for your patience and welcome to todays hearing on the Telephone Consumer Protection Act nearly 25 years ago Congress Look to protect the privacy of individuals to prevent legitimate telemarketing practices and as a result a number of telemarketing practices have been reduced or eliminated for example, companies have to maintain the do not call list and not make solicitation calls before eight after 9 00 but it is showing its age with the opportunities to ensure consumers benefit from modern communication consumers should take advantage of new technology to help put them avoid falling victim from the do not call requirements. They have not received a recorded voice that they have one of cruz and to ensure the sec will take action against harassing practices and has the tools to bring bad actors to justice including those operating overseas the recently took a step to unanimously approved the legislation as part of the fcc reauthorizat
You vote the presiding officer does any senator wish to vote or change his or her vote . If not, on this vote, the yeas are 95. The nays are 1. Threefifths of the senate duly chosen and sworn having voted in the affirmative, the motion is agreed to. The question occurs on the compound motion to go to conference on s. 524. A senator mr. President . The presiding officer all in favor signify by saying aye. Automatic opposed all opposed nay. The ayes appear to have it. The ayes do have it. The motion is agreed to. The senator from new hampshire. Ms. Ayotte thank you, mr. President. The presiding officer order in the chamber, please. Mrs. Shaheen mr. President , i have a motion to instruct the conferees at the desk which i ask the clerk to report. The presiding officer the clerk will report the motion. The clerk the managers on the part of the senate on the disagreeing votes on the comprehensive Addiction Recovery act of 2016 mrs. Shaheen mr. President , the senate is not in order. The pre
This hearing will get underway. My apologies for being tardy. Im running around a lot today but thank you all for your patience and welcome to todays hearing on the telephone Consumer Protection act. When passing tcpa 25 years ago congress sought a balanced approach that protects the privacy of individuals and permitted legitimate telemarketing practices. A as a result a number of telemarketing pract is have been significantly reduced or eliminates. For example companies have to maintain donotcall list and could not make solicitation calls before 8 00 a. M. Or after 9 00 p. M. But tcpa is showing its age and there are opportunities to build on the consumer benefits and ensuring consumers fully benefit from modern communications. Consumers should be able to take advantage of technology to help them fall victim to actors though those who ignore do not call requirements. I doubt there is a person in this room whos that not received a recorded mobile voice call telling them theyve won a cr