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CSPAN2 Key Capitol Hill Hearings November 22, 2013

Lenders. I think thats something that id like to talk a little bit about here today because members of our military have to resort to financing from these predatory lenders all too often. We know military Service Members are three times more likely than civilians to use predatory payday loans that charge exorbitant rates. Thats three times the civilians use. The military families carry 10,000 or more in Credit Card Debt compared to 16 for civilian frames. 10 of military families carry more than ...
New York United States North Carolina Fort Campbell District Of Columbia West Virginia

CSPAN3 Key Capitol Hill Hearings November 20, 2013

Terms of youre not truly anonymous. There is an encrypted version of who owns what. So one concern about the, if you will, the reliability of the currency is whether that encryption can actually be broken. So i want to ask that question. There are some very powerful code breakers in the world. And we certainly have cussio discussions about our own u. S. Capability to break codes quite often up here. But the second is weve had this series of reported crimes. One was a Bitcoin Savings and trust wh...
United States Czech Republic Paul Spencer Sarah Jane Hughes Bitcoin Savings Bitcoin Savings Trust

CSPAN3 Politics Public Policy Today November 19, 2013

Tools to protect and prevent illegal activity. In terms of your second question on international regimes, i think its important to note that many of these evolving alternative Payment Systems are in response to consumer demand. And as weve seen in europe and as weve seen in canada and elsewhere, there is a big demand for more realtime payments at lower transax costs. Including transmission of money from one country to the next. Ours has not evolved over the past four years. I know this has poten...
United States Paul Spencer Sarah Jane Hughes Important Note Payment Systems Coin Exchange

CSPAN3 Key Capitol Hill Hearings November 20, 2013

I send examiners out every day to conduct examinations to do transaction testing, money going abroad. So we have the boots on the ground and a local understandint that these companies. Then we pair that with the National Perspective and knowledge of federal agencies who also interact on an international level. By by leveraging these strengths, i think we do a much better job ah detecting and preventing this de illegal activity. I appreciate bothnt those answers. Do you have a sense about the imp...
United States Czech Republic Paul Spencer Sarah Jane Hughes National Perspective Interact International

CSPAN3 Key Capitol Hill Hearings November 20, 2013

And she would come in toting a straw bag in each hand filled with some of these things you see on her desk that she had taken home for signing or speech writing or Event Planning or whatever she was working on. Shed come in. Her desk was always very orderly. And as she worked on her desk with letters she was processing or things, when she completed things shed put them on the floor. She loved this office because she could look out at her alma mater and then a corridor through to the capital in t...
United States Pat Nixon Greg Abbott Event Planning Office Look Alma Mater

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CSPAN3 Key Capitol Hill Hearings November 20, 2013

Exact. Did the storm surge come as a surprise to our scientists as well . The storm surge and much o like i think with Superstorm Sandy here where the severity of the storm surge was not rm anticipated i think its a similar dynamic there. We anticipated some but not a 30foot storm surge. 30 do you think after hurricanei sandy and after this situation a that we should begin to te reevaluate what it is that we should be expecting in terms of storm surges . Is the fact that the oceans are getting s...
Republic Of United States Pat Nixon Greg Abbott Superstorm Sandy Science Behind

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