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Transcripts For CSPAN3 Politics Public Policy Today 20150518

What im going to do is flip that question and ask each of you to give us an idea or two about some things that dont work. And that we really shouldnt do that. What are some things you think that dont work . Especially in the day and age we had all the money in the world. We dont. We have a lot of debt and were going to get in more. What are some things we ought not do, you dont think they work. Theyre not worth the money . Mr. Hollis . Good question, sir. Im full of them. Thats my best one today, so. Im struggling with that one. In terms of because most of the stuff is, i think, that does not work is stuff that we actually stop doing. So one of the things we went through in our own office was to analyze across all of our offices which ones were most effective, most efficient and then reorganize our structure based on that. So we actually look at that pretty regularly year over year to see whats not working and then to either adjust our organization and our assets to rid ourselves of th ....

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Transcripts For CSPAN3 Politics Public Policy Today 20150522

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 enforcing that. As weve heard, theyve enforced over 50 cases since 2001. And consumers in the other 47 are, you know 47 states and three jurisdictions are protected by breach notification laws. So there are protections existing for consumers. I think setting a floor and not a ceiling, as ive mentioned before, there is a clear pattern in terms of whats covered, even by the disparate state ....

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