Making sure the internet economy survives. When we do i mean, our companies have very sophisticated automated filtering systems that look for this kind of stuff and when we do find these ads, theyre automatically removed by the systems long before theyre served by or seen by users. But at the same time, as we as we are notified, we do see bad ads that are on our platforms. Theyre immediately removed. The advertiser account is reviewed and appropriate action is taken when warranted. Thank you, mr. Chairman. Thank you. Senator klobuchar . Thank you very much, chairman. Thank you for holding this hearing. Thank you to all of you. Yesterday i looked up the topselling Weight Loss Products on amazon and even with the ftcs actions against green c y coffee marketers, green coffee is still a product in the top 20 selling products. The rest of the products are currently garcs garcsenia, camb related objects which was highlighted on your show, and highlighted as a product that advertisers used to
Operating under those circumstances. Miss wertheimer has the opportunity today to inform us how she will handle these exceptional challenges. I look forward to hearing from each of ou nominees on these important issues and more. Thank you, senator. There is an 11 00 vote scheduled for them. Its the law of sufficient time to allow questions. We have agreed to limit Opening Statements to the chair and Ranking Member. All senators will welcomed to submit an Opening Statement for the record. Senator curnan will now introduce mayor castro. Thank you mr. Chairman and Ranking Member crapo. Its my pleasure to be with you here today to introduce a fellow san antonioian and texan mr. Castro. He has told me that hes glad to be here and looked forward to your question buzz he especially looks forward to being back in san antonio to help celebrate the victory of the San Antonio Spurs which that celebration is still going on and will for a long time. I know he will take the opportunity to introduce
Ms. Wertheimer, please proceed. Chairman johnson, Ranking Member crapo, members of the committee, thank you very much for the opportunity to appear before you today. I am honored to be president obamas nominee for Inspector General of the federal Housing Finance agency. And before i begin, id like to introduce my family, who has accompanied me here today. My husband, andy pincus, our daughter, kate pincus, my steadfast mother, sidelle wertheimer. My inlaws walter and ann pincus. With that, let me get to the meat of what id like to say in my statement. The fhfa plays a crucial role in our Financial System as the safety and soundness regulator of fannie mae, freddie mac and the 12 regional federal home loan banks. To ensure they operate in a safe and sound measure and serve as a reliable source of liquidity and funding for Housing Finance. And as senator crapo mentioned, since september 2008, almost six years now, the agency has acted as conservator for fannie mae and freddie mac, to pro
Introduce my family who has accompanied me here today. My husband andy, our daughter, kate, my stead fast mother, my inlaws walter and ann pinkas. With that, let me get to the meat of what id like to say in my statement. The fhfa plays a crucial role in our financial system. As the safety and soundness regulator of fannie mae, fannie mac, and the 12 regional federal home loan banks. To ensure they operate in a safe and sound measure and serve as a reliable source of liquidity and funding for Housing Finance. As senator crapo mentioned, since 2008, almost six years now, the agency has acted as conservator for fannie mae and fannie mac to protect the assets and properties of those enterprises and protect the tax payers investment which is currently 187. 5 billion. Currently fannie mae and fannie mac guarantee more than 5 trillion in mortgages in this country. Three out of over four. Congress mandated strong independent oversight of Agency Programs and operations by the fhfa oig to safe g
Forsight and hfo foresight and his advocacy on this issue clearly helped people step up and move forward. Thank you very much. Mr. Trimble . I would just add that previously ga has done work on this area. We looked at u. S. Forces and how they were handling this issue in france and got some innovative ideas. We havent done the crossreferencing per se but we have looked at how other countries have tackled these issues. I guess it would be understandable that if other states, other nations, rather, have these devices that have radioactive materials in them, whether theyre mobile or stationary, and if other countries do not secure them well, and those materials were obtained, they could be used for bad purposes in those countries or maybe anywhere. What do we have to reduce the likelihood that if another country did not have did not secure their radioactive materials well, what assurances do we have with the way we protect our own borders and our ports of entry that well be able to detect