Page 13 - Ferc News Today

Case of the cfpb -- >> i would like -- [protesters in background]. >> i want to turn to what the majority felt about your dissent. i think they recognize that the dissent would threaten many if not all independent agencies. i think they specifically mentioned the ftc. i would add other ones like the federal reserve, securities and exchange commission, does it follow that you think these agencies are unconstitutional? >> i didnt say anything remotely like that respectfully, senator. all i was tal...

Removable at will. in the case of the cfpb so the -- [ protester yelling ] >> i want to turn to what the majority felt about your dissent and i think they recognized that the dissent would threaten many if not all independent agencies. i think they specifically mentioned the ftc and i would add other ones like the federal reserve, securities and exchange commission. does it follow that you think these agencies are unconstitutional? >> no, i didnt say anything remotely like that, respectfully, se...

Far is that trump is having a hard time growing beyond this core base that he has, 30 percent or 35 percent of the republicans. if he is going to be president he has to get moderate republicans and independents and moderate democrats and you look with hillary clinton he is the worst of all the major candidates so it could be firing up the troops but not with the broader electorate that he needs to win the election. >> susan ferrechio ferc a -- a couple of tweets including from the daily beast, g...

Rest of us. >> as tony auz we sag we are seeing the military stepping up to protecting some of their critical assets and perhaps through this spiders program beginning to make their bases more resilient. i dont know how much thats going to provide in terms of protection for the rest of us. if it allows the military to do its mission thats a step in the right direction. it underscores a point that as you say you have been reporting now for over a year. that is the vulnerabilities of the grid are ...

That triggered my thinking, and changed the way i viewed the risks. think for a second about what kind of ways you thought about the world when you were 24 years old, if youre not now 24 years old. if someone said to you at 24, well, youre doing this thing that will be very richly rewarded with lots of money, incredibly glamorous, lots of fun, people will know your name, youll be famous. but down the road it might come back to haunt you. the overwhelming majority of 24-year-olds arent very goo...

Procedures where we go into installations and do whats called a threat and vulnerability session to show them where their weaknesses are. ive done that as a have ivilci with my own business. the powers that be dont take your recommendations as serious for whatever reason. we have whats called the federal energy -- the ferc. its a regulatory commission for energy, and its made up of guys who are desk jockeys, former fbi agents that have never been down range, theyre not trained in unconventional ...

Procedures where we go into installations and do whats called a threat and vulnerability session to show them where their weaknesses are. ive done that as a have ivilci with my own business. the powers that be dont take your recommendations as serious for whatever reason. we have whats called the federal energy -- the ferc. its a regulatory commission for energy, and its made up of guys who are desk jockeys, former fbi agents that have never been down range, theyre not trained in unconventional ...

>> i think you have to create reverse incentive against crime. and i think the only way to do that is with criminal penalties and seeing people go to jail, or alternatively, if you want to punish the corporation itself and put the fear of god into them, so to speak, you need to do something like ferc did. ferc is an energy regulator and they basically said in april of this year, you dont get to trade electricity anymore, jpmorgan, because you committed too many crimes and you manipulated the mar...

The young man whos been strayed into wayward criminal activity for a big megabank? >> i think you have to create reverse incentive against crime. and i think the only way to do that is with criminal penalties and seeing people go to jail, or alternatively, if you want to punish the corporation itself and put the fear of god into them, so to speak, you need to do something like ferc did. ferc is an energy regulator and they basically said in april of this year, you dont get to trade electricity a...

Spills in this country. the federal agency that regulates the transportation of oil by pipeline in this country is called the ferc, the federal energy regulatory commission. back on october 1st, which was government shutdown day, the agency said that the government shutdown would not affect them right away. they said their offices would remain open for business during the shutdown, but by today, that has now changed. a spokeswoman for the agency said they have had enough money to operate through...