With a whole new way to rip you off what you need to know about synthetic Identity Theft but 1st the usas welcome mat is getting smaller as the Administration Announces new immigration restrictions its classic trump on the stump material but is this new policy practical im holland cook in washington this is the big picture on our t. V. America. The Trump Administration recently announced more aggressive steps to restrict Legal Immigration beyond the human drama now playing out is there an Economic Impact away lets ask Daniel Prieto anchor of boom bust seen weekdays at 4 eastern here on r t America Daniel welcome good to be here since this change was announced weve been hearing the buzz word public charge which is a policy thats been in effect for a century meaning that immigrants need to be selfsufficient and not a burden to the social system that can. Date and President Trump has railed against whats new in the administrations overhaul right now the very term public charge sort of has
This committee will come to order. This morning we will hear testimony from Richard Smith, former chairman and chief executive officer of equifax who held those positions until last week. I understand that you are now serving as an unpaid adviser to the company and appreciate your willingness to testify here and appear about the events surrounding the breach and equifaxs response while you were leading the company. Given the severity of the data breach, congress will continue to examine the facts behind it and what can be done to prevent similar situations. Sign r security is one of the most pressing issues facing companies as well as consumers and governments alike. And is one of the biggest threats to our financial system. The amount of data that the private industry and government collect and store is very concerning. Theres intrinsic vulnerability in collecting information and we e need to have a meaningful discussion on how to protect and limit access to it. The Banking Committee
Executive officer of equifax who held those positions until last week. I understand that youre now serving as an unpaid adviser to the company and appreciate your willingness to testify here and appear and testify about the events surrounding the brief and equifaxs response while you were leading the company. Congress will continue to examine the facts. Cybersecurity is one of the most important issues facing companies as well as consumers and government alike and is one of the biggest threats to our Financial System. The amount of data that the private industry and government collect and store is very concerning. There is intrinsic vulnerability in collecting and storing personal Financial Information, and we need to have a meaningful discussion on how to protect and limit access to it. The Banking Committee takes its oversight of Credit Bureaus seriously. As they are Financial Institutions under the grand leach bliley act. Credit bureaus serve a critical function in our Financial Sys
Announcer this is on the money. Your money, your life, your future. Now, becky quick. We begin with family leave. The United States is the only industrialized nation that doesnt guarantee paid Maternity Leave. That is beginning to change as cities and states pass programs to help new mothers and fathers. Companies like netflix are going a step further. Leave to stay, that is our cover story this week. 2016 has been called the year of the parent. This year, San Francisco became the first city to require fully paid parental leave and new york state joined california, new jersey and rhode island in requiring paid time off statewide. So only 12 of u. S. Employees get paid family leave from their employer because federal law only mandates that the Companies Offer unpaid time. But advocates say as more mothers reenter the workforce, that needs to change. In 1975, only 47 of mom with childrens under the age of 18 worked. Now its up to 70 and its not just mothers who want time off for a new ch
We begin with family leave. The United States is the only industrialized nation that doesnt guarantee paid Maternity Leave. That is beginning to change as cities and states pass programs to help new mothers and fathers. Companies like netflix are going a step further. That is our cover story this week. 2016 has been called the year of the parent. This year, San Francisco became the first city to require fully paid parental leave and new york state joined california, new jersey and rhode island in requiring paid time off statewide. So only 12 of u. S. Employees get paid family leave from their employer because federal law only mandates that the companies provide unpaid time. As more mothers reenter the workforce, that needs to change. In 1975, only 47 of mom with childrens under the age of 18 worked. Now its up to 70 and its not just mothers who want time off for a new child. The acceptance of paternity leave is growing as well with 90 of new fathers taking time off. Millennials are mor