Testify on the impact of regulations and efforts to create more diversity in the Financial Sector. This hearing is just under three hours. The subcommittee will come to order. Without objection, the chair has authorized to declare a recess of the subcommittee at any time. Without objection, members of the full committee not on this subcommittee are authorized to participate in todays hearing. Members are reminded to keep their video function on at all time, even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves, and to mute themselves after they finished speaking. Consistent with the regulations of House Resolution 965, staff will only mute members and witnesses as appropriate when not recognized to avoid inadvertent background noise. Members are reminded that all house rules pertaining to order and decorum applies to this remote hearing. This hearing is entitled Holding Financial regulators accountable for
Thank you. [captions Copyright National cable satellite corp. 2020] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] ] we welcome our second panel of witnesses. Pamela gibbs, the director, office of minority and women inclusion of the securities and exchange commission. Levine is the Director Office of minority and women inclusion of the federal Housing Finance agency. And laura mcrae, the director of the office of minority women inclusion of a Consumer Financial protection bureau. That yourare reminded testimony will be limited to five minutes. I chime will go off at the end that your time. Respect themt you members and other witnesses time by wrapping up your moral testimony. Without objection, your written statement will be made part of the record. Cole, you are now recognized for five minutes to give in or a presentation on your testimony. Chairwoman and a Ranking Member wagner and distinguish
Grand prize of 5,000. The deadline to submit videos is january 20th, 2021. For competition rules, tips, and more information on how to get started, go to our website, studentcam. Org. Now, a Senate Judiciary subcommittee hearing examining googles Online Advertising and its potential impact on Market Competition. Lawmakers heard first from a google representative, then a panel of technology and trade association officials. There was also a focus on googles Online Search engine, data privacy issues, and antitrust legislation. Welcome to todays hearing of the subcommittee on antitrust competition policy and consumer rights. The title we have chosen for today is stacking the tech, hasi googleke harmed competition in Online Advertising . I want to thank Ranking Member klobuchar and her staff for working closely with me and my o office as we prepared for today. And also want to thank our chairman, the chairman of the full Senate Judiciary committee, senator graham, for his support of this he
Unmuting themselves muting themselves. Consistent with the regulations accompanying House Resolution 965, staff will only use members to witnesses as appropriate avoid inadvertent background noise. Members are reminded all house rules relating to order and decorum apply to this remote hearing. This hearing is entitled Holding Financial regulators accountable for diversity and inclusion perspectives on the offices of minority and women inclusion. I now recognize myself for four minutes to give an opening statement. Today, Holding Financial regulators accountable for diversity and inclusion, perspectives from the offices of minority and women inclusion. Our country is facing three pandemics, covid19 and the economic pandemic, and the fight for social justice pandemic. These challenges have reshaped our work and our personal relationships in unprecedented ways. Todays hearing is totally virtual and i appreciate all of our witnesses and members for participating. I am hopeful we will be ab
Our chairman, the chairman of the full Senate Judiciary committee, senator graham, for his support of this hearing. After i and then senator klobuchar giving our opening remarks, well hear from two panels of witnesses with questions from members of the subcommittee. We have Something Interesting to deal with in the senate and every time they call votes, when they call votes during a subcommittee hearing, were at their mercy. Senator klobuchar and i have both cast our votes on the first of a series of three or four. At some point, were going to have to pause or tag team as we allow other members to sit in for us, just dont be alarmed if that happens. The focus of todays hearing is googles Online Advertising business. Whether its a monopolyist and whether it might have engaged in any conduct that harms competition and harms consumers. But before we go into that, i want to say just a few things about antitrust policy more broadly. Ive been a member of the subcommittee ever since 2011 when