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The clerk will read a communication to the senate. The clerk washington d. C, nod conversation will now come to order and the chair recognizes himself for five minutes for the purpose of an Opening Statement. This morning, first let me welcome our witnesses. This morning we will receive an update on the Consumer Protection efforts in place to address the fraud risk for americas seniors. As of july 2013, there are over 44 million americans who are older than 65. That almost 14 of the population. The population, 65 and holder in the United States, projects to outnumber people younger than 18 for the first time in 2033. A mere 18 years from now. The Median Income of these households is over 35,000 per year, and 71 report having a computer in their home. The median networth of seniors 65 and over is 25 times that of people under 35 years of age. The expanding population of Older Americans and their relative wealth compared to other age groups increases the risk that someone will want to ta
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State of play there . Jim, are you following that . Well, a bit. Im not probably not as expert as some others are on this. But certainly i think youre right that the because we are two such gigantic financial markets, the opportunities in liberalization there or harmonization are tremendous. The benefits that flow from that are probably as large as anything you could think of in the entire ttip agreement that would flow from that. In the United States the reluctance on the part and i think we should be doing it. I think the reluctance in the United States is the passage of dodd franks and nobody wants its too new, nobody wants to tamper with that, nobody wants to tinker with that. I think it definitely needs some tinkering with, but nobody really wants to deal with dodd frank and the secretary of treasury, this is a little bit of a turf battle, the secretary of treasury saying thats our area. Trade negotiators dont get into these Financial Services issues, thats for treasury to negotia
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I feel fine. I have had radiation treatment of four places in my brain. Former president jimmy carter says he is now cancerfree. Its not good now with the wildlife. There are not many left. One of the worlds most protected homes of endangered chimpanzees and gorillas ar is w in trouble. Financial good evening, im Randall Pinkston in new york. We begin with president obama answer address to the nation. Earlier this evening he spoke from the oval office, only the third time hes used that for a live broadcast speech. He called on congress to pass reforms and urged americans to stop fear from breeding hate. Mike viqueria has more from the white house. Good evening, randall. There were no new policies or initiatives announced. But what the president did do is try to assure the president that the fbi, the military, and the cia were on the case. With 14 dead in the San Bernardino mass murder president obama says the suspects were motivated by groups like i. S. I. L. So far we have no evidence
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