The committee on health, education, pensions and labor will please come to order. Senator murray and i will each have a statement and we will introduce witnesses. After the testimony senators will have five minutes of questions. There is a vote scheduled for 10 30. I think we will continue right 10 45. Until 10 4 and then we will alternate going back to vote. I think we will have time for all the witnesses testimony before we have to leave for the vote. We are holding the second in a series on Prescription Drug costs in response to a bipartisan request led by senators cassidy, senator franken, along with senators sanders,white house, and warren, as well as other senators who are interested in this object. Not only was the request for these hearings bipartisan, but both his hearing and the first hearing on drug prices were bipartisan, which means senator murray and i agreed on the witnesses. Despite this, our first hearing in june went so far off track that i delayed this hearing , inst
Sions and labor will please come to order. Senator murray and i will each have a statement and we will introduce witnesses. After the testimony senators will have five minutes of questions. There is a vote scheduled for 10 30. I think we will continue right 10 45. Until 10 4 and then we will alternate going back to vote. I think we will have time for all the witnesses testimony before we have to leave for the vote. We are holding the second in a series on Prescription Drug costs in response to a bipartisan request led by senators cassidy, senator franken, along with senators sanders,white house, and warren, as well as other senators who are interested in this object. Not only was the request for these hearings bipartisan, but both his hearing and the first hearing on drug prices were bipartisan, which means senator murray and i agreed on the witnesses. Despite this, our first hearing in june went so far off track that i delayed this hearing , instead oftors talking about drug prices, w
Minutes into the trading session already. Julie hyman keeping an eye on things. Reached the0, we level yesterday, closing just below it with the doubt hitting and other record dow heading another record. S p 500 at another record. Nasdaq not quite there, little change but to the downside. For thebeen ramping up anniversary of black monday, october 19, 1987 is the date we have been watching. And that is when we saw the market crash. We want to put things into prepress into perspective. This looks at percentage changes in point changes in the Dow Jones Industrial average. You see it, it shows how big of an anomaly it was. To put it into perspective, if you would see the same change today in the dow jones, the same magnitude, it would be about 5000 points coming off of the Dow Jones Industrial average. So to show how unusual it is. The moves we have seen recently are much smaller, not just in the dow but with the freedom but with the three major averages. Withve seen point moves, the s p
European law consumers get to know what the factors were that made that determination. I think we need to move to that approach. The make companies more accountable than decisions about American Consumers fairer and more transparent. You do have requirements that when you take adverse action based on Consumer Report you notify the consumer. And were Credit Scores used you have to have key factors that affected the score. One more question and i apologize. If the bill were kept liabilities in the past how much would hundred 45 million americans, how much would those victims of equifax problem been entitled to . First, heres to me there are be a cause of action and right now based on news reports thered be no cause of action under the fair credit reporting act because it was an credit report. Were there to be a breach of a Consumer Reporting database, i believe the figure was a million. The cap was either 500,000 are million. Was consistent with the other Consumer Protection statutes. It
Senator murray and i will be to have an opening statement, and then we will introduce the witnesses. After witness testimony, senators will each have five minutes of questions. Theres a vote scheduled for 10 30. I think what we will do is continue right on through of about 10 45, and then we will alternate going back and forth to vote. I think we will have time to all of us here witness testimony before we have to leave for the vote. We are holding a hearing, which is the second in a series on Prescription Drug costs in response to a bipartisan request, led by senators cassidy, senator franken, along with senators collins, baldwin, murkowski, war and as well as other senators interested in the subject. Not only was the request for these hearings bipartisan, but both this hearing and the first hearing on drug prices were a partisan, which means senator murray and i agreed on the witnesses. Despite this, our first hearing in june when so far off track that i delayed this hearing because