Financial services, threats, challenges, and opportunities. The chair will recognize itself for four minutes for an Opening Statement, thank you everyone for joining us today for what should be a very interesting hearing of the task force to explore the j dangers of threats for ai. Ai is making it easier for criminals to religion is criminals activities and how we can safeguard one of the most important things in our account economy which is already the preventative right is an important problem in Financial Services in 2018 alone, almost 15 billion is asserted to have been stolen from consumers online. This does not include more indirect future cost of having a compromised identity. Today, criminals have lots of tools at their disposal, to get sensitive Consumer Financial data. And, there is a complicated situation a member of Congress Finds themselves in that we go to briefings like the one i have just seen from ms. Walraven. Just how massive the problem is and the techniques that ar
Skyrocketing drug prices on American Families. I recognize myself for five minutes to give an Opening Statement. Today we are closing this work. The way we started our work with this congress. A hearing on Prescription Drug prices. This is a bipartisan issue. That focuses on the many years. The first witness at our hearing was a woman named antoinette. A mother whose daughter died at 22 years of age after rationing insulin because she could not afford it. It was the subject of our hearing on hiv prevention drugs in may. Today, five patients and a Family Member are here to share their stories. I urge all members who go back to your districts and to talk to your constituents about their experiences struggling to pay for lifesaving drugs. I fear you will discover that we are facing a drug crisis in america. We have seen time and time again Drug Companies, skyrocketing prices, forcing families to make gutwrenching choices every day. Many families and having to choose between caring for the
Three camps on this question. The progressive that states time for them to stop into cautious, and claim what they believe in the heart and its time for government run in higher taxes on the wealthy and Free College Education for all. Moderate, joe biden here believe those may be worthy goals but are too risky for the economy and likely to scare off moderate voters. The third camp is made up of a few candidates are trying to struggle to do with it for each. Here come all heres an pete buttigieg. All that leads to the critical tactical question for both parties. Will this be a base selection in which is deciding a voters so the turnout greater numbers. In that case the progressive works better. Or will it be winning over voters in ideological middle. In that case the modern argument works better. Here to break it down is a famous name from emmanuel. He is president obamas chief of staff before become a mayor of chicago and now the centerview partners. For even the casual viewer of this
The committee will come to order. Without objection, the chair is authorized to declare a recess of the committee at any time. This phone Committee Hearing is convening regarding the patients perspective and the devastating impacts of marketing drug prices on American Families. I recognize myself for five minutes, to give an Opening Statement. Today we are closing this work period, the way we started our work. With a hearing on the Prescription Drug prices. This is a bipartisan issue and i have focused on for many years. The first witness at our hearing this congress was a woman named antoinette worsham. A mother whose daughter died at 22. Years of age after rising insulin because she could not afford it. And it was the subject of our hearing on hiv prevention drugs in may. Today, five patients and her family members are here to share their stories. I urge all members to go back to your districts and to talk to your constituents about their experiences struggling to pay for lifesaving
Between caring for themselves and their loved ones or paying for basic necessities. These skyrocketing prices are forcing families to take on debt, sacrifice their homes or sacrifice their healthcare all together. Imagine having to pick between having a roof over your head or protecting your childs life. Between eating that day or taking a pill that you need to simply stay alive. For americans around the country these situations are an every day reality. Think about it. Americans are dying every year while pharmaceutical companies enjoy more and more profits. Our Witnesses Today represent the one in four americans who struggle to afford the drugs that keep them healthy and in many cases keep them alive. Unfortunately Drug Companies continue to raise prices, rake in record profits and lavishly reward their executives and shareholders, all while stifling competition and preventing access to lifesaving drugs. Drug Companies Make up only a quarter of the healthcare industry, but they colle