The Senate Banking committee thato the Senate Banking commite that the cf pp director to capitol hill to answer questions. Spinnaker hearing will go toward her. Today we will receive testimony from cfp direct her Kathy Kraninger. Including the rulemaking seemed supervisory regulatory activities. The report also provides insight into what the cfpb plans to undertake in the upcoming were period. Consumer protection is vital for the properly functioning Financial Market it is best determined by the robust quantitative analysis. Under director and Kathy Kraningers leadership ensures that they are datadriven, appropriately tailored to satisfy the obligations and based on sound evidence and legal support. Thereve been promising changes that are cfpb leadership under Kathy Kraninger but it remains abundantly clear that the fundamental structure of cfpb must be reconsidered to make it more transparent and accountab accountable. Last week the Supreme Court heard arguments for the cfpb case that
Activities. The report also provides insight into what the cfpb plans to undertake in the upcoming were period. Consumer protection is vital for the properly functioning Financial Market it is best determined by the robust quantitative analysis. Under director and Kathy Kraningers leadership ensures that they are datadriven, appropriately tailored to satisfy the obligations and based on sound evidence and legal support. Thereve been promising changes that are cfpb leadership under Kathy Kraninger but it remains abundantly clear that the fundamental structure of cfpb must be reconsidered to make it more transparent and accountab accountable. Last week the Supreme Court heard arguments for the cfpb case that examines the constitutionality of the Leadership Structure. March 2, 2020, the wall street Journal Editorial Board referred to this as a constitutional case of the year and stated that the question presented goes to the heart of the separation of powers and whether the Administrative
Twitter storm, we have it for you. The force is with amazon at least temporarily, a judge ruled microsoft and the pentagon must put the multimillion dollar je distribution contract on hold as legal battle rages on. Sweet success this morning, valentines day busiest day of the year, selling more than a million strawberries, the company ceo is here. Nicole phelp is here and take us on a trip to sesame street, mornings with maria is live right now. Maria some of the stories we are watching this morning retaining vigilant the new York City Police Department Warning of, quote, credible threat after last weeks assassination attempt, the Department Said that there are no specific threats at this time but stress that every station security post needed to be staffed around the clock, a surprising tribute from attorney general william barr amid the pending doj investigation of roger stone case, hitting back against President Trumps criticism of the justice. I think its time to stop the tweeting,
Essenceroberts said in that normally, courts will defer to a decision by an administrative agency, as long as it is reasonable. There is a wide latitude we will give you, but in this case, it really seems like the decision to include a question about ofizenship, the explanation the department of commerce gave was a pretext. They said they wanted the data of citizenship to better enforce federal Voting Rights laws and that the department of justice had requested it, but when you look at the evidence in the case, it looks like the department of commerce started talking about including the question on the census pretty much immediately after the inauguration and effectively went out shopping for someone who would ask it for the data, so that they would have a reason to use the question. That is a complex opinion. Other justices also wrote, concurring in part. Amy some of the justices would have deferred altogether to the agencys decision, just as Stephen Breyer would have not deferred to
Joe biden sat in on 20 speaker phone conversations with his son, hundred and business associates. No direct response yet from the president but the republican chair of the Oversight Committee says devons testimony indicated the president violating foreign agents registration act, its a serious charge. Democrats set out to respond instead the phone conversations were not about business, just niceties and the weather. Donald trump is running away with the republican nomination, increasing his lead over his challenges. He says he will let them debate so he can pick a Vice President. A poll from the New York Times and says biden supporters are a mile wide and an inch deep, Approval Rating 39 . To the market, stocks have had a terrific run, five state runs but is only in the early and going. The dow may be done 100 points, 20 for the s p, 85 and nasdaq. Uber, put the flagstone. The stock reached 50 a share, full disclosure i bought it two weeks ago. The report says uber made a profit. But c