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June 25, 2024
From its public website. On march 7th the irs reported that it was temporarily suspending us of the ippin application as part of an ongoing security review. The irs does not anticipate having the technology in place for either the get transcript or ippin application to provide multifactor authentication capability before the summer of 2016. The number and sophistication of threats to taxpayer information will likely continue to increase and these threats will be a continued focus of our audit an...
June 24, 2024
We are live on capitol hill this morning where irs commissioner John Koskinen is set to testify on cybersecurity. Hell be appearing before the Senate Finance committee. Live coverage here on cspan 3. We expect it to start in just a few minutes. Again, waiting for the start of testimony from irs commissioner John Koskinen this morning. Hell be talking about cybersecurity and how the irs protects the information of taxpayers. This is taking place before the Senate Finance committee. Just a couple ...
June 24, 2024
Without objection, the chair is authorized to declare a recess at any time. Veteran suicide continue to be a national epidemic. Veterans are estimated to have a suicide rate thats 50 higher than those who did not serve in the military. Major driver of sued rates is the incidence of post Traumatic Stress among our veterans. According to the department of veterans affairs, between 11 and 20 of those who served in operatiOperation Iraqi freedomr enduring freedom suffer from pts. Veterans with pts m...
June 21, 2024
American consumers rightfully expect their personal information should be protected by their Financial Institution by their retailers, payment processors that neither federal government. Consumer should be left to hope and pray that all information will be safe every time despite their debit or credit card or rent your information online. They deserve protection. Today the committee will hear from representatives of organization to constitute major participation for the Payment System. We welcom...
June 21, 2024
Which is massachusetts, and ive been talking to some of my colleagues from massachusetts. Would you agree with that . I think also oregon has a pretty good standard. There are elements of other state laws you may not consider specific data laws. A pretty High Standard . It is a pretty High Standard, yes. Thats the starting point for us. Theres been some discussion about the Standard Energy in commerce. Would you say its a higher standard than what our bill would propose. Our standard is a reason...
June 21, 2024
It. I said in the opening comments that the preemption should not have the unaintended consequence raised outside the bill. We would certainly be willing to make that plain. Miss moy, you said i thought i heard you say that we shouldnt have 50 different standards is not the answer. Is that what you said, or did i mishear your comments . So what i have said is i think the best for consumers would be to create a floor, not a ceiling so that states can continue so set a National Standard and then a...
June 21, 2024
Congresswoman maloney no. The standards have been flexible. I think congressman nugerbauer and congressman carnie have done a good job in doing the same thing in their bill, which is to say, were going to have standards and were going to allow them to be scaled. I think thats a good model. In other words theyve worked well and they wont be too burdensome for smaller institutions and retailers. Id also like to know your feelings about the having a minimum or a floor standard. I know that californ...
June 21, 2024
Were about to compromise the Payment System, the electrical grid, you wouldnt say lets kick it to the states. Lets let them handle it. I dont think you would do that. Whatever you do will be helpful, even if directionally. It will be better than what we have now for the sectors that dont have any standard in those states. Miss moy . Right, so i would say a couple of things. One is that consumers are protected right now by the federal trade Commission Section five authority, and the ftc is enforc...
June 19, 2024
The b. A. R. T. Unions have given notice, were 3 days, 1 hour and 59 minutes from the deadline of another possible strike. We have coverage from concerned commuters to tonights march and rally. The formal notice tonight from Union Leaders, were live at Union Leaders emerged after 7 tonight and gave their 72 hours notice. Reporter and then they went right back in to continue negotiating. The notice does not mean no talking. In fact, theyre expected to keep it at it for the next three days. But if...
June 19, 2024
Deadline of another possible strike. We have coverage from concerned commuters to tonights march and rally. The formal notice tonight from Union Leaders, were live at Union Leaders emerged after 7 tonight and gave their 72 hours notice. Reporter and then they went right back in to continue negotiating. The notice does not mean no talking. In fact, theyre expected to keep it at it for the next three days. But if recent history is a guide, here we go again. We dont want the system or the service i...