F facial Recognition Technology. They testified before the House Oversight and reform committee. Working on e is legislation to address the emerging technology. Good morning, everyone, and is out objection the chair authorized to declare a recess of the committee at any time. Would now like to recognize myself to give an opening statement. Today the committee is holding on a critical ng issue. Facial recognition tech. Its clear that despite the sectors expanded use of technology, its just not ready primetime. During this hearing, well private sectors development, use and sale of technology as well as its partnerships with Government Entities, using this technology. We learned from our first may 22 of 2019 that he use of facial Recognition Technology can severely impact American Civil Rights and liberties, including the right to privacy. Protection and equal under the law. We learned during our second federal, n june 4 how state and local Government Entities use this technology on wide
The committee will come to order. Good morning, everyone. Without objection the chair is authorized to declare a recess of the committee at any time. With that i would like to recognize myself to give an Opening Statement. Today, the committee is holdingg our third hearing this congress on a critical issue, facial Recognition Technology. It is clear that, despite the private sectors expanded use of technology, its just not ready for prime time. During this hearing we will examine the private sectors development, use, and sale of technology as well as its partnerships with Government Entities, using this technology. We learn from our first hearing on may 22 of 2019 that the use of facial Recognition Technology can severely impact American Civil Rights and liberties, including the right to privacy, free speech, and equal protection under the law. We learned during our second hearing on june 4 how federal, state and local Government Entities use this technology on a wide scale, yet abide
And lets get a check on the markets. Stocks are higher hitting record highs again today and get this, the dow on track for its best week in nearly five months there you see the industrials basically flat never the less higher. Welcome, morgan. How are you . It is great to be with you this friday afternoon. Record breaking rally has been led by the biggest names google join iing microsoft in te trillion dollar club for more on that impact from those megacap stocks and what theyre having on the market, were going to go to seema hey, morgan, the reason we care about these milestones is because alphabet and microsoft and apple collectively make up about 13 of the s p 500 and all three are sitting on gains for the year really setting the bar high for earnings this season. Now evaluation metrics for these three Tech Companies shows that alphabet is the only one trading at a discount to its five year average of 34 times earnings microsoft apple are both trading above their historic pes with a
Protection, Transportation Security Administration, and a secret service answer questions from the House Homeland Security committee. The committee on Homeland Security will come to order. The committee is meeting today to receive testimony on a department of Homeland Security use of a facial recognition and other Biometric Technologies. Without objection the chair is authorized to declare the committee in recess at any point. I now recognize myself for an opening statement. Good morning. The committee on Homeland Security is meeting to examine department of Homeland Security use of facial recognition and other Biometric Technologies. The government use of biometrics is not entirely new. For example, finger prints have been used as an identification tool for many decades. Other biometrics includes dna, voice pattern and palm prints. In recent years facial recognition has become the new chosen forum of Biometric Technology as facial Recognition Technology has advanced it is used by the
Department of Homeland Security is use of facial recognition and other Biometric Technologies. Without objection, the chair is authorized to declare the canadian recess at any point. I now recognize myself for an opening statement. Good morning. The committee on Homeland Security is meeting with the use of peaceful recognition and other Biometric Technologies. The governments use of biometrics is not entirely new. For example, fingerprints have been used as an identification tool for many decades. Other biometrics include dna, patterns and palm prints. In recent years facial recognition has become the new chosen form of Biometric Technology as basil brush facial Recognition Technology has advanced it is used by the government and private sector also increased. Currently the dhs is collecting and storing several different kinds of biometric information and is using this information for multiple purposes. Cbp and the tsa are using biometrics to conform the identities of travelers, for ex