Least a gradual return based on local conditions starting in may. Now, in michigan, protests are expected today and that states strict stayathome orders are in question. Thats going to be an indicator of public sentiment after weeks of lockdowns. On the international front, china is now very much in the spotlight. Frankly, its a target. The president s cutting funding for the World Health Organization. Mr. Trump says the virus could have been contained in china if the w. H. O. Had been more honest. And senator cotton and congressman gallagher introduce a bill today that would end americas dependence on chinese drugs and pharmaceutical ingredients. The virus is clearly changing the u. S. china relationship and everything else, of course. On the market, it is all about back to work, when, where and how. On hopes of a return to work, the dow has moved up close to the 24,000 level. It had dropped to 18,000 level last month. The dow was up 500 yesterday. Looks like all of that gain will be
Regulation is 1. 9 trillion to 1. 9 trillion. These businesses pass on the cost of these regulations in the price of there products. Families are spending about 15,000 a year for businesses to comply with government regulation. I am sure that we can agree mr. Chair, the businesses need to be fairly regulated. But when those regulations are killing jobs that is just not right. Several years ago in aa highly partisan vote with very little republican support for 2300 page. Dot frank bill was passed and since then theyre have been mountains and mountains of regulations and rules designed to smother our Financial Services industry. One part of dodd frank is a great concern of mine the too big to fail regulation. Now, when f soc is trying to determine what bank and other nonfinancial institution should be designated too big to fail it means that the taxpayers we will have to step in and bail them out. We all no theyre is a huge difference. They handle their retirement the Retirement Savings
Speaker of the house of representatives. The speaker pro tempore pursuant to the order of the house of january 6 2015, the chair will now recognize members from lists commit smithed by the majority and minority leaders for morning hour debate. The chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and minority whip limited to five minutes. But in no event shall debate continue beyond 11 50 a. M. The chair recognizes the gentleman from illinois, mr. Gutierrez, for five minutes. Mr. Gutierrez mr. Speaker a few weeks ago i was on the h. B. O. Show real time with mill maher on friday night and had a chance to talk with ann cowl ter. As you might have guest guessed i dont have my speed dial. It was several days after donald trump was running for president. When it was my turn i told mrs. Colter what they were saying about mexican immigrants would serve as a vote rergestration machine to turn g
The Mortgage Market issues where you wall discuss time to time whether allies have gone too far, whether theyve gone far enough. How can we answer questions at that data on the marketplace. That is different from a wind data on what senator vitter does. Personally identifiable data. We have personally identifiable data and consumer response where consumers can this data so we can work on their complaint and family constituents to your office collect personal viable data appeared to we. You dont collect any of that . For example we do not have address, Social Security number, account number. We are interested in the pattern of what goes on in the market. Too collected before you scrub it . We ask the data to be scarred for comes to us. Depends on which data. We will have a full briefing on this. Somebody involved in the process . Typically described before it gets to the agency. Private companies have all the data. They care very much like you and i do and theyre always marketing on tha
Subpar and illegal practices and providing almost 200 million in redressed 1. 6 million consumers. We have now handled, as we have mentioned, 650,000 complaints, a matter that is particularly important to us. This includes all manners of Financial Products and services. This includes each of the states. One excerpt from a Service Member in alabama reads that we open an account we became unable to pay the full amount and we made it an agreement to pay a lesser amount and campaign by allotment. And i was not served with the judgment prior to court or after, i was informed of it when my wages began to be garnished and we have asked to have this issue fixed. We have paid this company for a computer hutch, table and chairs, and the furniture has not lasted, however the payments continue. We need assistance as we have tried every other step possible. And another excerpt in my home state of ohio and ranking members home state reads that i elected to a reduced rate payment plan with a Student