Mr. Mr. Oxman, who do represent . Guest ipi is a crystallization of the technology sector. We represent 70 of the Worlds Largest and most Innovative Technology companies. Weve been around for 103 years, founded in 1960 at the association of business appliance manufacturers, scales and time clocks and over those 103 103 years our industry has changed and so has iti. Our representation of tech Sector Companies is quite profitable. Host how did you get into the splendid work . Guest i been in d. C. Close to 25 years. I came to work on broadband policies after the 96 act passed at the federal communications commission. Ive been involved in the tech policy sector, worked at the fourth trade association. Iran the Payments Technology industry before joining iti. Host as you well know there are several trade associations that represent tech, and some of the companies that represent our members of a lot of them, dell, adobe, google, microsoft, et cetera. What is it that you do differently . Gue
With that association . Iti is the trade association of the Technology Sector and we represent 70 of the Worlds Largest and most Innovative Technology companies. Weve been around for 103 years founded in 1960 as the associated of business appliance manufacturers, things like scales and time clocks and the like. Over those 103 years our industry has changed and so has ipi, or a presentation of tech Sector Companies is quite broad. Host how did you get into this line of work . Guest ive been in dc for close to 25 years. Came here to work on broadband policies after the 96 act passed at the federal committee cajuns commission but ive been involved in the tech policy sector and since then worked at the fourth trade association most recently a red led the industry before joining iti. Host as you will know there are several trade associations that represent tech and some of the companies that you represent are members of a lot of them. Dell, adobe, google, microsoft, et cetera so what is it
Illusions that if they do something now because of a lack of quorum, there will not be any enforcement. It is unfortunate we dont have a quorum. It is inexcusable, in my view. We had two commissioners who resigned, one two years ago, another almost two years ago. Those seats were never felt. Never filled. Host why . Chair weintraub i dont know. That is something i have no control over. The nominations have to be made by the president and senate. It is easy to get over the long vacancies. We should have never been in this situation we found ourselves in. We are down to a quorum of four. Another commissioner decided to resign. That left us with only three. Totakes four commissioners initiate investigations, to authorize penalties and approve conciliation agreements. However, people should know before we lost the quorum, we authorized a number of investigations. We are at a high point in a decade in the number of investigations we have ongoing. As soon as we get commissioners back in, we
China promises a set of tariffs. Jay powell declining to signal more easy Monetary Policy. The yield curve inverting yet again. How will business respond . How will it impact the economy more importantly, what does it mean for the market and investors . And then a news making interview you cannot miss. Federal reserve vice chairman Richard Clarida from jackson hole we are covering the angles with the team of reporters as always. Elan, first to you on the china fears which appear to be trumping the fed speak today. Nice, sara. We are waiting to see if President Trump will make a statement on those latest trade tensions with china and the new 75 billion in retaliatory tariffs that were announced this morning. We know there was a meeting at the white house earlier today with mnuchin, kudlow, navarro and lighthizer and President Trump did tweet that he would issue a response this afternoon. He then went on to order American Companies to look for alternatives to china including bringing bus
Columbia law school, an expert on antitrust, copyright and Communications Law and a contributing opinion writer for the New York Times, including the master switch in the curse of bigness. Professor wu has twice been part of the politico list of 50 individuals transforming american politics and was named to the American Academy of arts and sciences in 2017. He received his bachelors of science from mcgill university. Fiona scott morton, a professor at the University School of management. Nationally recognized as a leading scholar and published articles in leading economic journals. From 2011 to 2012 she served as Deputy Assistant attorney general at the United States department of justice where she helped enforce the nations antitrust laws. The third witness on our panel is stacy mitchell, codirector of the institute for local self reliance. She spent years working with policymakers and grassroots organizations to help develop city, state, and federal policies to strengthen independent