Headwinds for the consumer and continued layoffs and Economic Uncertainty and the lack of additional stimulus from congress so can this consumer remain resilient. Pete, throw anything at the consumer and it seems like he or she will continue to spend it does seem that way its amazing mel by the way, its good to see you. When you break it down its about a couple of Different Things and stimulus is out there and by the time they get into two or just after the elections i think well start toy so more stimulus if we dont see it sooner than that, that will help, but anybody thats got ecommerce exposure and they have it on the Positive Side like target, like walmart and home depot, lowes and so many others and they have the digital side and retail is doing very, very well. If they dont, then many of those are definitely struggling and i dont know how many of those will survive and you have to have the ecommerce arm if you want to compete in this environment. Curbside pickup doesnt cut it for
The american citizens out there who are on the telephone that we passed the robo call installation and that is pretty significant because we think of the almost 50 billion robo calls made every year into this country is going to hopefully provide relief to the american citizens out there and its important because a lot of people say the top issue the people contact me about and its also the top issue that the fcc in the ftc receive every year about robo calls. People say to me i thought i signed up for this do not call list. Unfortunately, you signed up for it but these calls are coming in from overseas and so theres been great to work on this, not only in congress but at the fcc and the carriers out there because in order to share in the meetings ive had with the fcc what we will see if they have a [inaudible] shaken technology they will be able to say when that call originates to a new look at your phone you will know that that is who that call is coming from and it will not be spoof
This hearing on the Judiciary Committee subcommittee on privacy, technology, and the law will come to order. We are here to address Cyber Security concerns in the data broker industry. This is not the first time our subcommittee has gathered to do so, after several Security Breach last august we held a hearing to ask the question of how secure is consumers data in the hands of data brokers . The answer, not very secure. Industrybroker immediately responded by committing to take seriously Security Issues and pledging to dedicate resources to Data Protection measures. Yet here we are two years later in the wake of what we now know is the largest breach ever of private consumer data. We are trying to figure out how it happened once again. It happened because data brokers have created an industrywide culture that appears not to prioritize the security of consumers information. Traditional data brokers, those who make a profit from buying and selling data to other companies, have very littl
It was mr. Smiths third such questioning in a weeks time. And most of the subcommittees inquiries focused on the speed of the Credit Reporting agencys response to the knowledge its data servicers had been infiltrated by nefarious forces. This is about an hour and 40 minutes. Jo this hearing of the subcommittee on privacy, technology, and law, will come to order. Were here to examine per sis sent cybersecurity concerns in the data broker industry. This is not the first time our subcommittee has gathered to do so after a cybersecurity breach last august, we held a hearing to ask the question how secure is consumers data in the hands of data brokers. The answer, not very secure. The industry immediately responded by committing to take serious Security Issues and pledging to dedicate resources toward Data Protection measures. Yet here we are two years later in the wake of what we now know as the largest breach of private consumer data. Were trying to figure out how it happened once again.
Good morning. Id like to call the subcommittee on Digital Congress and Consumer Protection to order. The chair now recognizes himself for five minutes for an opening statement. Again, good morning and welcome to the first hearing of the 115th congress for the Digital Congress and Consumer Protection subcommittee. It is a pleasure to be with you today. Before we get started i want to changer name burgess and vicechairman for the work they did inon the subcommittee and recognize the new vice chair, the gentleman from mississippi, glad to have you on board and working forward to advancing an agenda that creates jobs and puts consumers first. I want to recognize the gentle lady from illinois, our Ranking Member, we will be working with her this congress and looking forward to work in a bipartisan fashion to grow the economy and protect consumers. As chairman, i look forward to working with all the members of the subcommittee to continue exploring areas in the Digital Academy creating new o