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
Auto executives testified about their work on selfdriving cars, testing the cars themselves and safety of government regulation. [ indistinct chatter ] good morning. Id like to call the subcommittee on Digital Commerce 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. Its a pleasure to be here with you all today. Before we get started, i want to thank the chairman for the work they did in the last congress here on the subcommittee. I want to recognize the new vice chairman of the subcommittee, the gentleman from mississippi. Glad to have you on board. Also looking forward to working to advance an agenda that creates jobs and puts consumers first and i want to recognize the gentle lady from illinois, our Ranking Member. I appreciate well be working with her this congress. I look forward to wo
Also we have some earnings. Chevron, exxon mobile, murk. U. S. Equity futures at this hour, little bit of a mixed picture. More the most part down. S p 500 down 2. 5 points. Nasdaq is looking up. Were going to talk about some of the tech earnings last night. Markets had trouble all week. Remember the herald ham remember during that convention. Right. Just about the trump rally. Just about seems like every day we went up. The more that comes out of phil philly, the more the market is running. Maybe its coincidence. There were earnings. They were good except for ford. Other real things that happened in the world. The greatest thing about the market. The dacaterpillar. You can come up with any explanation you like. Just not for nothing, but i dont know. What its worth, its raining out today. Maybe thats it. I dont want this tournament to get rained out today. Hate that when they have to play 36 holes on a saturday. Maybe not. Its early. People arent teeing off yet. Youre talking about the
Important is in terms of how do you support really standg up or evaluating real life use cases or proof of concepts or pilots if you will and thats what we see other countries doing is getting these systems up and running to learn from them as quickly as possible. That takes infrastructure support. That takes things the government is best equipped to help execute and manage. I think thats another big area where we would really welcome the support of these agencies. So when youre talking about infrastructure, were planning smart cities. We need to be thinking five years ahead, ten years ahead in terms of the ability for us to have Smart Devices and the like. Exactly. The Vehicle Infrastructure piece of it the markings on the roadways, basically equipping the infrastructure to be ready. If were talking about large investments we should be looking into that. Federal and state. I think ann harbor is a good example. They have come together to create a test bed on the campus grounds. You wer
Call the roll please. Director heinicke, director nolan, ramos, present, directors please be adviced that director of the board will not be here today however, you have a quorum and you can proceed. Please be adviced that the ringing of cell phones and other Electronic Devices are prohibits at the meeting. Any person responsible for one going off maybe asked the to leave the room. Also, gentlemen, if you would please find a seat, we need to honor fire code. So people standing need to find a seat. Thank you very much. Item for approval of the minutes of the april 5th of regular meeting. A motion to approve. Second. All in favor say, aye. Aye. Any opposed . Thank you. Next item, please. Item 5, communications, directors. Item 6 with new unfinished business. Item 7, directors board. Good afternoon, members of the public and staff. Just a few things to report to you on and give you updates. The first is that we just this week maybe within the last week we released our annual bike count rep