Gina ewing testified that the Biden Administration has driven a historic recovery over the last three years and address the need for Regulatory Framework stable corns and Digital Assets. Intelligence and the financials actor. This is about two hours. Committee on banking an the committee will come to order. Secretary ellen who has been taxable in the schedule and we had to change the time from yesterday to today and then she has to leave at 11 30. We will risk back that. I will enforce the five minute rule on myself and everyone else. Thank you for understanding, all of you. For a long time, its clear what gets rewarded and wall street. Bigger risks mean bigger profits. Your profits mean more stock options. Bigger profits mean fatter bonuses. Then we end up with a wall street culture that glorifies seen just how much they can get away with. Executives know that when big bets pay off, they get to cash out and when is bets failed, they dont clean up the mess. Workers and taxpayers and ou
If i am not mistaken, i can say with confidence this is surely the most civil panel at the security forum. Welcome. We have with us representatives from the private sector. We have brian from treasury. That is joining us from the Justice Department. We are going to get the Money Laundering, cryptocurrency, how ai is changing the game or not. What gives you hope, what gives you nightmares . I want to start with a quick level set. Lay on me your best swing. How does your work look different . 6 billion transactions. That is a huge Playing Field for us. 20 billion transactions. A very interesting Playing Field for us commercially. The other exhilarating trends we saw are on the bad actors i. They are getting more sophisticated and attacking more scale than ever. I think covid and covid believe is a great example of the last five years. Covid believe as we all read, scams are estimated between 200 and 300 billion. Not for paypal, just overall. We certainly did our part to combat that. We w
Say with confidence this is surely the most civil panel at the security forum. Welcome. We have with us representatives from the private sector. We have brian from treasury. That is joining us from the Justice Department. We are going to get the Money Laundering, cryptocurrency, how ai is changing the game or not. What gives you hope, what gives you nightmares . I want to start with a quick level set. Lay on me your best swing. How does your work look different . 6 billion transactions. That is a huge Playing Field for us. 20 billion transactions. A very interesting Playing Field for us commercially. The other exhilarating trends we saw are on the bad actors i. They are getting more sophisticated and attacking more scale than ever. I think covid and covid believe is a great example of the last five years. Covid believe as we all read, scams are estimated between 200 and 300 billion. Not for paypal, just overall. We certainly did our part to combat that. We want to stop the bad actors.
This. Americans can see democracy at work. Get informed straight from the source on cspan, unfiltered, unbiased, word for word. From the Nations Capital to wherever you are. The opinion that matters the most, your own. Cspan, powered by cable. Officials from the justice and Treasury Department talked about financial crimes at the aspen security form. This is about 35 minutes. If i am not mistaken, i can say with confidence this is surely the most civil panel at the security forum. Welcome. We have with us representatives from the private sector. We have brian from treasury. That is joining us from the Justice Department. We are going to get the Money Laundering, cryptocurrency, how ai is changing the game or not. What gives you hope, what gives you nightmares . I want to start with a quick level set. Lay on me your best swing. How does your work look different . 6 billion transactions. That is a huge Playing Field for us. 20 billion transactions. A very interesting Playing Field for us
Public service, along with these other Television Providers giving you a front row seat to democracy. Officials from the justice and Treasury Department talked about financial crimes at the aspen security forum, including Money Laundering, the dark web and cryptocurrency. This is 35 minutes. If im not mistaken, i can stay with confidence this is surely the most sibilant panel of the security forum, sanctions, scams and schemes. We have representatives of the private sector. Were here with aaron from paypal, brian from treasury and matt from the Justice Department. We will get to Money Laundering, cybercrime, cryptocurrency, how ai is changing the game or not, what gives you hope, what gives you nightmares . Lay on me your best to 62nd swing at this each of you. How does your work look difference then when we were on this stage five years ago. Cast your mind back to 2018. I want to start there because they want to give people a taste of how quickly things are moving. We will start with