process, and the disparities in credit scores between whites and minorities. without objection, the chair has authorized to declare recess of the subcommittee at any time. without objection, members of the full committee not on this committee, this subcommittee, are authorized to participate in today s hearing. as a reminder, i ask all members keep themselves muted when they are not being recognized to minimize disturbances while members are asking questions of our witnesses. the staff have been instructed not to mute members except where a member is not being recognized and there is inadvertent background noise. members are reminded that all house rules relating to order and decorum apply to this remote hearing. members are also reminded that they may participate in only one remote proceeding at a time. if you are participating today, please keep your camera on and if you choose to attend a different remote proceeding, please turn your camera off. if members wish to be rec
process, and the disparities in credit scores between whites and minorities. without objection, the chair has authorized to declare recess of the subcommittee at any time. without objection, members of the full committee not on this committee, this subcommittee, are authorized to participate in today s hearing. as a reminder, i ask all members keep themselves muted when they are not being recognized to minimize disturbances while members are asking questions of our witnesses. the staff have been instructed not to mute members except where a member is not being recognized and there is inadvertent background noise. members are reminded that all house rules relating to order and decorum apply to this remote hearing. members are also reminded that they may participate in only one remote proceeding at a time. if you are participating today, please keep your camera on and if you choose to attend a different remote proceeding, please turn your camera off. if members wish to be rec
and there is inadvertent background noise. members are reminded that all house rules relating to order and decorum apply to this remote hearing. members are also reminded that they may participate in only one remote proceeding at a time. if you are participating today, please keep your camera on and if you choose to attend a different remote proceeding, please turn your camera off. if members wish to be recognized during the hearing, please identify yourself by name to facilitate recognition. the title of today s hearing is, consumer credit reporting, assessing accuracy and compliance. i now recognize myself for three minutes to give an opening statement. it is my honor to convene this hearing styled consumer credit reporting, assessing accuracy and compliance. this hearing will examine the role of the three national credit rating agencies. i will call them ncras, in the consumer credit reporting system that affect the lives of virtually every adult in the united states. whet
"Their job is to protect our investments," said one man whose bank account was drained of $15,000. "Otherwise, what's the point of putting it with a bank?"