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[inaudible conversations] [inaudible conversations] come to order. Without objection the chair is authorized to declare a re cess for the committee at anytime. Entitled bureaucratic overreach for Consumer Protection. Examining the cfpbs latest action to restrict composition in the payments. Without objection all members have five legislative days to submit extraneous materials for inclusion in the record. I want to recognize myself for five minutes to give an opening statement. Todays hearing, bureaucratic overreach or Consumer Protection, examining the cfpbs latest action to restrict competition in payments in my view is critical because its going to talk about this large participants in the general use of Digital Consumer payment applications market. This is the sixth lpr that the cfpb has initiated. And pu ....
Backers say it is necessary to protect consumers. Opponents say it is too broad and could limit competition. This portion of the subCommittee Hearing is about 90 minutes. [inaudible conversations] [inaudible conversations] come to order. Without objection the chair is authorized to declare a re cess for the committee at the committee on Digital AssetsFinancial Technology will come to order. The chair is authorized to declare a recess at any time. This hearing is entitled bureaucratic overreach or Consumer Protection. Examining the latest action to restrict competition in the payments. Without objection all members will have five legislative days to submit extraneous materials for inclusion in the record. I want to recognize myself for five minutes to ....
[inaudible conversations] [inaudible conversations] come to order. Without objection the chair is authorized to declare a re cess for the committee at anytime. Entitled bureaucratic overreach for Consumer Protection. Examining the cfpbs latest action to restrict composition in the payments. Without objection all members have five legislative days to submit extraneous materials for inclusion in the record. I want to recognize myself for five minutes to give an opening statement. Todays hearing, bureaucratic overreach or Consumer Protection, examining the cfpbs latest action to restrict competition in payments in my view is critical because its going to talk about this large participants in the general use of Digital Consumer payment applications market. This is the sixth lpr that the cfpb has initiated. And pu ....
Its 11 00 a. M. At ibm headquarters in new york, 11 00 a. M. On wall street and squawk alley is live good wednesday morning, welcome to squawk alley im Carl Quintanilla markets having another good day. Record highs across the board. Dow up 135, s p 2561 on the back not just upgrades blue chip merck best day on a percentage basis and several years as a busy earnings season rolls on. And right now at this hour, alibaba backed qudian largest provider in china making its debut here at the New York Stock Exchange stocks surging at the open this morning. Up about almost 40 . Up near 39 . For more were joined by qudian founder and ceo min luo. Congratulations. You own about 60 of the country, so that makes you a billionaire, i believe biggest listing in china im interested in the business youre in providing these small dollar amount loans for people weve seep this in the ....
I joined some of the men there as they learned to code through an Innovative Program called the last mile. The last mile has helped excons get good jobs after theyre released. Weve even had one of the earliest graduates on this show. Not very Many Companies want to hire people who have been convicted of a crime, but starting in january they may have less of a choice. A New California law nicknamed ban the box goes into effect. The box is the box on an Employment Application that asks whether you have a prior arrest or have been convicted of a crime. California law will ban that box january 1st. Now, when we have legal questions we turn to the smartest lawyer we know, charl carrie moore, u. S. Naval academy and berkeley law. Joined by hanna kuchler. Finan ....