the ftc --ec angela, i think you would dispute how active the ftc has been, but the ftc doesn't, hasn'taken the hard, hard cases. they have left that to some discretion andrd the cases primarily you understand whether a property is directed to kids or not. if i were to put on my hat, i think crafting would fall within the not directed to kids pocket because of the very -- it's got a much broader appeal. directed the families is another -- but that's a tricky one, directed to families, that's where i think that could be quite a bit of additional guidance that comes out.. because there is some confusion. your general audience and you might have some kids of their as one thing. you were directed to and that is your sweet spot is another thing. wewe will do co-viewing of kids and families. that falls within this metal bucket and where does that get you -- middle -- what does your implementation look like what the ftc did so this wide-open and scare some people in the questionnaire that the issued where they are asking what to do about properties that are not intended to be directed to kids,

you know, maybe the ftc got it right in 2013. maybe maybe they didn't, but it is something different. >> your agency is reconsidering some of these fundamental questions. is that potentially in scope to rethink the 2013 amendments? do you think that there may be ways to do a better job of what was done in 2013? >> we have taken in a great deal of input. i do not want to prejudge that question. >> you are hearing people talk about these questions. >> certainly about which people are talking. what you can see is the changes that can be made through rulemaking can have a tremendously large impact. that is really important to remember. >> jim talks about this. the youtube settlement having a tremendously large impact. it was not done through rulemaking. there was not an opportunity for people to comment. how do you think the ftc should solicit public comment from affective parties before making changes like that? would you want those things to go through rulemaking? understanding you do have to bring enforcement action. how do you de

the ftc was given some wiggle room because the one term that the ftc was able to use was the meeting of personal information. so initially it with names, address, that sort of thing, and then any additional criteria that they determine allows the contact of a specific individual. so that changed happened back in 2013, i want to ask angela to provide her perspective, but fillers can you update us on what happened in 2013, and then we will talk about the debate today and the deflecting views to what that should mean. >> as he said nicely, everything in the ftc ability to regulate children's policy came from a statute that was enacted in 1998. there were some mandated reviews that had to occur under the statute, and then periodically the ftc reviews its rules to make sure that they are current. so there is a wholesale review that took place from 2000 -- from 2012 to 2010, and the advisory went into effect in the middle of 2013. there were a number of major changes that took place in the real review, one of which was the expansion of the definition of personal information. the constraint

it makes no sense what the ftc wants to do.t is rick smith he is the founder and ceo of axon smith i can. the two words whispered at the start of every race. every new job. and attempt to parallel park. (electrical current buzzing) each new draft of every novel. (typing clicks) the finishing touch on every masterpiece. (newborn cries) it is humanity's official two-word war cry. words that move us all forward. the same two words that capital group believes have the power to improve lives. and that, for over 85 years, have inspired us to help people achieve their financial goals. talk to your advisor or consultant for investment risks and information. talk to your advisor or consultant - [spokesman] if you've tried colleg(group cheering)shed, snhu lets you transfer up to 90 credits toward you bachelor's degree. - [woman] it doesn't matter how old you are, you can do it, you can finish. - [spokesman] finish your degree at snhu.edu our retirement plan with voya gives us confidence. so we can spend a bit today, knowing we're prepare

i'm pleased the ftc is targeting the fraud and protecting people. we should get their input as we discuss how to handle dark patterns and be careful where we legislate so that we don't harm the practices that people enjoy. heavy-handed regulation will make it impossible for online retrailers to provide discounts, hurting lower and meddle income families in a digital marketplace services should not the swallowed up by strict definition of a dark pattern. how we make the distinction is important so i look forward to the discussion. want to thank the panel and i yield back. >> the gentle lady yields back and the chair now recognizes the chairs. >> americans increasingly rely on the internet for fundamental aspect odd their day lay lives, consumers shop january for republicans ranging from groceries to reg and use the internet to telecommute or check the weather and traffic before leave fog the office and use social media to connect with families and friends and is a major source of news and action. when consumers go online they assume the reviews are r

fromnot a big jump to go oil contracts to the ftc. he's , chairman at the ftc, is joining us. talk to me about how you see -- sorry, the business you look at, and how it is going to change as a result. heath: well, the derivatives markets have traditionally been, particularly when we are talking about commodity classes such as oil, agriculture, hav always had some degree of volatility. so i think we are going to continue to see the futures markets develop and respond to global volatility, particularly those that may be caused by geopolitical events. guy: we are about to go through brexit. we are about to deal with our own regulatory structures that allow this to be competitive. what are you expecting from london? how much more competitive you think we will be after brexit? it is really a question for the authorities in london. what i can say from my current position and my former position at the treasury department, i worked very closely with treasury, the boe, to hopefully ensure that post-brexit, the u.s. and the u.k. will have an e

if this proves ineffective, the ftc should report to you, to congress on these practices. fourth, industry has been responsive to these issues and to some extent has been self regulating. web browser and operating systems have made many bad design practices harder to use, design professionals scorn dark -- practices, and self regulation is encouraged. fifth, regulators should, yes,, last, and building on all of the above, this is an area well suited to cooperation between industry and regulators, efforts of self regulation should be encouraged and rewarded, perhaps even more important, given the complexity of the systems, industry should be at the frontline combatting down. industry has greater design expertise and ability to experiment and regulators but there is an important role for regulation to step in where industry fails to police itself. in a true professor fashion, thank, you i look forward to discussion. >> mr., harris you are recognized now for five minutes. >> yes, thank, you chairwoman chao ski and other members, i appreciate you inviting me here. i'm going to

it was about the ftc that this was an opportunity to say we are crafting these regulations which were proposed to be warning labels in response to this report in the name of public health. >> guest: and that he'll didn't like that? >> guest: no. it turns out southern democrats continued to be very powerful in the mid-1960s and so in response to the warning labels proposed by the ftc, congress steps in and they do what becomes acting at the behest of the industry and have an up or down warning label and say you can't regulate on this for a few more years. >> host: big tobacco pulling the strings? is a whole different level about this kind because you start telling the story from salem new jersey. >> guest: part of what is at play with the warning label issue is the paradigm for consent. if we put a warning label on a pack of cigarettes, it is the smokers choice to do what he or she will with that information. by the late 1960s to 70s, a number of americans are beginning to think that this paradigm makes no sense. the paradigm of consent makes no sense because most americans, and this i

>> i would love to see the ftc do more in this area. especially when it comes to rulemaking and in court enforcement actions. these are unknown, uncertain and untested. bringing suits and litigation, that tells us what the agency is capable of. that is something this body needs to know before it tries to craft more legislation or get more authority to an entity. if we already have an agency that has power, let's be capable. >> i appreciate you all being here. i appreciate the chair for hosting. >> i think the ranking member who yields back. i recognize mr. blonde for five minutes. alone for five minutes. >> in your various testimonies, you all talked about a variety of technologies that are being used to deceive and manipulate consumers. to trick people into making certain choices, deepfakes, cheapfakes that show fictional scenarios that look real. algorithms used to keep people's eyes locked on their screen. we know these things are happening. what is less clear is the extent to which these technologies are being used commercially. let

and it went up to the supreme court and the supreme court ruled in favor of the ftc. and so i think before too much longer you're probably going to start to see some antitrust class action challenges against some of these licensing boards, particularly the ones that have no oversight from the government and are comprised entirely of private actors. i think that's going to be interesting to see. it's not what i do, i'm not an antitrust lawyer, but it could end up being helpful, absolutely. >> we have time for one last question. >> i was wondering if you ever considered joining a consumer to your action. for example, with isis, have a consumer, a texas lady that says i don't want to go to a licensed barber, i want isis to braid my hair and you are interfering with my right to have my hair braided how i want and by whom i want. have you ever considered following or joining in that way? >> yes, we have. we've actually done that in some of our cases. we tend to have the aspiring entrepreneur as the lead plaintiff, but there have been quite a few of our cases where one of t

cannot tell you where they are , but there are serious investigations and at least in terms of the ftce chairman .as brought big cases when he was bureau director, i think he is interested if there is a case to be made for heavily scrutinizing what is going on in that industry. david: one thing you were involved in his vertical merger guidelines. where are we on vertical mergers. bilal: we prepared a draft updating at 35-year-old document. we will work hard to get the guidance out as final to make lawyers, the antitrust community, the business community have a clear understanding of how we are thinking about vertical mergers. the guidance that was out was 35 years old. if you are not paying attention to every case we brought over in the last 20 years, you might think we are behind the times. this is law enforcement. we ought to be transparent. david: that sounds like a good proposition. track of this, but there was a time i thought the chicago school was ascended. they said do not spend time talking about vertical mergers. now there something the chicago school is not the way to go. th

the ftc and new york's attorney general are suing incarcerated pharma bro martin shkreli.y allege he illegally monopolized the drug. the action comes nearly five years after shkreli made headlines for increasing the drug's price by more than 4,000%. he's currently serving a seven-year prison sentence. >>> and mattel's introduced a new line of diverse barbie and ken dolls. they are the latest members of the 2020 barbie fashionistas line. there are more gender-inclusive dolls and there are some with prosthetic limbs, alopecia. or the skin condition activivit and there are new hair styles including for ken. the dolls will be released throughout the year. >> always good to have more diversity. didn't occur to me until i saw this that ken hasn't had a makeover in a long time. he looks a little like a surfer dude. >> he hasn't had a makeover in ages. and also maybe now i can -- when i was growing up, i was only allowed to have barbie, i couldn't have ken. maybe now i can finally have a ken doll. >> you can now. you're an adult. you can do anything you want. >> thank you. >> dian

. >> mortgage broker mortgage solutions has agreed to a settlement with the ftc over consumer privacyay $120,000 to settle allegations that violated the fair credit reporting act. the company's owner allegedly responded to customers and negative yelp reviews by revealing their personal information by credit histories, sources of income, and more. companies that use credit reports or scores have a legal obligation that to keep that information confidential. >>> macy's is closing 30 stores in the first months of 2020, including one here in the bay area. the antioch macy's in summersville town center will be one of the stores closing, a company representative told "business insider" that regular nonseasonal employees that are laid off would be eligible for severance. >>> for the first years, pepperidge farm will offer gluten free cookies, they will appear on grocery store shelves later this month, that includes retailers, like albertson's. packaging will be noticeably it's finally time for... geico sequels! classic geico heroes, starring in six new commercials, with jaw-dropping savings.

tech industry professionals and youtube content creators discuss the ftc's children online privacy protection act. watch that live today at noon eastern on on c-span2, online t c-span.org or listen live on the free c-span radio app. >> for 40 years c-span has been providing america unfiltered coverage of congress, the white house, the supreme court, and public policy since from washington, d.c. and around the country so you can make up your own mind. created by cable in 1979, c-span is brought to you by your local cable or satellite provider. c-span, your unfiltered view of government. >> host: andy purdy is chief security officer for huawei. he's based here in washington, d.c. and he's our guest this week on "the communicators." mr. purdy, what do you do for huawei as chief security officer? >> guest: my primary role is interval although i've been doing more extra things in the last six to 12 months but my responsibilities have to do with sharing a committee of the key parts of the company in the united states that tries to assess and manage and control risk, help support our overall ethics

after an ftc challenge, you moved to abandon the deal. what do you believe precipitated that challenge they are in a part of the market -- we're in the short-read sequencing market, and they play in the long-read sequence sequencing market we are very good at driving the cost of sequencing down we saw a real opportunity to get involved with their portfolio, drive it in the long-read market and accelerate that market that's what precipitated us talking to them. ultimately the ftc did not give approval we obviously disagree with that, with that assessment, but now we're looking at alternatives. >> we'll lack forward. francis, thank you >>> a lot more coming up from the conference including,s in next hour we'll hear from dr. sam waksal that's coming up in the 4:00 p.m. hour, guys. back do you. >> it's been great coverage so far. thank you to francis desuodesous well >>> and the tess lars rally kicking into high gear as another firm ups its price market we'll discuss ahead, on "closing bell." i can. the two words whispered at the start of eve

will come out from folks is your next conceivable catalyst for the stock hearing something from the ftcnts, whenst our two c you had them seek an injunction in december, you know, probably a reasonable indication that they would look to make a move against them. paul: these lingering clouds, the regulation, perhaps one of the reasons we have seen the stock decline, despite what was a reasonable set of numbers. decelerated bys. 550 basis points. that was a pretty big chunk. and a definite disappointment. because i think that, to your question earlier, that the present view is that it was a pretty healthy advertising quarter. was a pretty big standout. taylor: are they spending enough to prepare for the 2020 elections? michael: i think so. they have had a very good and consistent track record of giving folks range and they have come in toward the lower end of that. and also worth noting, which they clarified, is you have $550 million headwinds that showed up in gna, so the numbers were actually a lot better than if you take the one-off. what you saw on the headline. taylor: you pointed th

the ftc wants to hal them accountable. a growing chorus accuses them of damaging democracy.ed overseas. take, for example, the leading chinese social media and messaging app, wechat. a platform with more than 1 billion users. it's popular beyond the chinese borders with the chinese di diaspora. it is a breeding ground for fake news that has proven uniquely difficult to monitor. look at australia. in the run up to elections in may we chat saw a flurry of messaging linking them to a mass influx of refugees. . in the u.s., they have reached it to falling support among chinese-americans for affirmative action. we chat lends itself and it's hard to track down the origins of any posts, which are forwarded from group to group taking on a life of their own. it's also easy to register official account and post content and some are run by bloggers and citizen journalists. as a report from the tao center for digital journalism notes, those accounts can be as influential as mainstream media and many are nakedly partisan. that's all apart of the privacy concerns, particularly within chin

so the ftc says all right, we will use this as an opportunity to enhance the power of our agency to regulate this. it's an opportunity for them to approach regulation in a new way. a more muscular kind of way then they had before. it was ultimately about public health but the surgeon general supports the cover and to do something that regulators said they wanted to do before. it was absolutely about public health but this was an opportunity to take we are cracking these regulation which were proposed to be warning labels in response to this report in the name of public health. >> as you chronicle, hill did not like that. >> turns out something democrats continue to be very powerful in the mid- 1960s. washington. in response to more strongly worded warning flavors, congress steps in and they do what becomes characteristic of congress acting on the behalf of the tobacco industry and put in warning flavors and say hey, you can't regulate a few more years. >> did tobacco pull your strings? >> yes. >> the book goes to a whole different level because you start telling the story of donna from new j

federal trade commission or, tech industry professionals and youtube content creators discuss the ftc'schildren online privacy protection act. watch that live today at noon eastern on on c-span2, online t c-span.org or listen live on the free c-span radio app. >> for 40 years c-span has been providing america unfiltered coverage of congress, the white house, the supreme court, and public policy since from washington, d.c. and around the country so you can make up your own mind. created by cable in 1979, c-span is brought to you by your local cable or satellite provider. c-span, your unfiltered view of government. >> host: andy purdy is chief security officer for huawei. he's baseder

the ftc says 874 cellphone towers went off line in marin county alone more than half the towers weren't almost a year after she was brutally beaten at that park today's event at 7:30 this morning is a way to reclaim that park for the community. >>> right now 539 i want to check in with sal for a look at traffic. . >> north and east people have been reporting fog right now there is no fog in oakland and on the east shore freeway we're off to a good start. i do want to mention the south bay commute. there's not much going on right now in the south bay. there's a little bit of slowing northbound 101. for the most part you know that silicon valley commute starts a little later. . >> i feel it by 8:15 then it turns red. >> it turns red. they're sleeping and snoozing. >> some of us have to get up early. you are the winner. point 23. .23. that's a nice stretch there 12/100. .03. other than that there's only a couple 100s maybe again late sunday early monday. these are not big systems. i'm sure roanoke park i know around vallejo and 80. went from 10 miles to a half mile visibility just like tha

because earnings growth slowed down believe it or not, only got worse from there the exodus began the ftcined them new york attorney general began an anti-trust investigation which is then later joined by another 46 states attorneys general. throughout this, lots of folks saying that facebook useders are gone they'll leave, delete the account. use it less and less an investors would turn on the company. but the number of users has only continued to grow. bottom line, while the stock may have had the ups and downs two years latter, all that stuff we talked about didn't seem to matter at all. we are joined by kevin and james. kevin, i'm going to start with you. we just walked through this timeline with all these high-profile problems and yet nobody seems to care how come >> well, i would suggest that it's not that people haven't cared. we have seen volatility in the stock over the last two years but, you know, reality's proven that consumers continue to go to facebook more and more each day. instagram proven a huge engine of growth. and now the stock is back up very near all-time highs so a

the law gives the ftc more time to go after robo callers and impose higher fines when they're caught. phone companies are being urged to offer you technology that allow you to identify the call, but not charge you for it. the law goes into effect immediately. the u.s. army is banning soldiers from using a certain chinese app. it's called tik tok, used to make short funny videos. the pentagon says it's a security risk because it gathers sensitive data and it's banning soldiers from using it on their military phones and posting on the job. earlier this week, the navy banned its seamen from using the app. i have a certain 12-year-old that uses it a lot. >> yeah. >> me too. yeah. i think instagram is my limit. >> the clock's ticking til we get there, until we get to midnight and ring in 2020. so, let's get you ready for that on our microclimate forecast. we'll bring you out to san francisco. of course the big question always this time of year is will we be able to see those fireworks. with e have high cloud cover over san francisco. you can see it right now. we did have fog rolling across

versus ftc to explain it this way. to issue a valid subpoena, a committee or subcommittee must conform strictly to the resolution establishing its investigatory powers. there must be a resolution voted on by the parent body to give the committee that power. and the problem here is there is no standing rule. there was no standing authority giving manage schiff's committee the power potential use the power of impeachment to issue compulsory process. rule ten of the house discussing legislative authority. it doesn't mention impeachment. and that is why in every presidential impeachment in history the house has initiated the inquiry by that inquiry. so, contrary to what manager jeffries suggested, there has always been in every presidential impeachment inquiry a vote from the full house to authorize a committee. and that is the only way the inquiry begins. there were three different votes for the impeachment of president andrew johnson. in january 1867, in march 1867, and in february 1868. for president nixon, chairman of

you have to factor in not just whether the justice department will weigh in or whether the ftc will weigh other federal agencies. you have to worry about whether the ags who are looking to make a name for themselves are going to sue and essentially overturn what the federal government has approved. remember, this deal was approved by the federal government with massive conditions including the creation of a fourth carrier, dish. so i'm just saying, this doesn't get through, guys, all hell is going to break lose. it's going to be a huge story. if it does get -- ashley: it's like a chilling effect. charlie: it will be a chilling effect but not only chilling effect, it throws a monkey wrench into plans to develop 5g. these companies need to come together and be strong to develop 5g technology which again, big economic implications because of super-fast internet and national security, the chinese are getting involved in this for spying purposes. i'm telling you, it is big stuff. keep an eye on this merger. we will know on the 15th. ashley: coming up soon. all right. charlie, good stuff. thank

isalso featuring executives from facebook the ftc and procter and gamble and now none ally antipate a ght lot of people will be attending this panel tohear with these big companaes have to say we're really exted about all of that 8 is the big story right now for the television you're going to the big one soy samsung we put all of them will be showing their a k chnology. >>role atv's were very bi last year we think we're going well and then iterms of a k we're really excited. we know that the 2020lympics are going to feature some a k content so we're really starting to see a k come out moreand more mainstream. >>this inrview first ran on our 24 7 streaming news service called kron on make sure to downloathe app to watch the full interview to that. >>for ur health now it is illegal for anyone under the age of 21 to buy tobacco products but some say the rollout of thisnew law. retailers and consumers off guard. the fda's website states the rule went into effect on december 20th. the same day was signed into law by atrneys for the national association of convenice store says laws ke these

>> the ftc and open secrets.t will be interesting to see how it changes and whether we see any money going to bloomberg now that he'll be in the mix for the fourth quarter interesting prism not just for politics but the cultures of these companies. think about, you know, apple and tim cook 95% of donations within apple have gone to democratic candidates think about houf w he's been abe to balance his good relationship with donald trump in a workforce where 95% of donations are going to bernie sanders. >> you noticed we're getting breaking news regarding speaker pelosi and articles of impeachment. we'll go to our reporter >> she will be transmitting articles of impeachment to the senate next week she did not give a specific day, but she said that next week the house will vote on who the managers will be who will present the case from the house before the senate, and then she will send those articles of impeachment on she said she believed that senator mitch mitch mcconnell will not be holding a fair trial, that he

they paid this $5 billion fine to the ftc now what you're going to see this year is anybody who's runningor office is going to be using facebook, because it's the best way to target suburban moms in cuyahoga county in ohio as one example it's a very good marketing tool. it's what happened candidate trump become president trump, so you're going to see a lot of people try to match that will there be more regulatory risk maybe. i think the company had real brand damage a year and a half ago, and it takes that long. it takes a year or two i saw this with netflix five or six years ago. it takes a year or two to work through the brand damage in the meantime, the roi advertisers see on facebook hasn't changed at all, so advertisers are still there and consumers are still there, thanks in part, though, to the instagram asset. >> lastly, i didn't realize until i read your note, mark, that snap, one of the best performing stocks last year, up 196%, and it's your highest conviction long. do you think if you're not in the stock now, you've missed the boat, given the big run we've already seen >> yeah

they are a problem, the ftc has constantly said this is the most complained often about thing ever. that they busted these people, and hopefully it will result in less robocalls. one of the companies involved in this bust told dominic, toll-freedeals.com, made millions of calls in 23 days. speech if you want dinner table conversation going, you mention this. [laughter] you get a visceral reaction. >> the fcc dominic ftc says don't answer the phone if you recognize the number. let it go to voice mail. they've stepped up efforts, they cannot block these calls. it won't even ring your phone, he won't even bother you. still as we are sitting here it's a problem, fingers crossed. >> sandra: people get where they are going to block important calls. brett larson, thank you. >> it's probably robocall! >> sandra: fox news alert, said to sign that historic trade deal marking a major legislative achievement. that should be happening just moments for now. we will have that for you live as soon as it begins. the president, cominge, up. very. ...head to toe. people were afraid i was contagious. a

in consumer cases the claims rates are low, the ftc just came out with a very well researched study wherey show the median claims rate in consumer class-action nine percent that means 91 percent of consumers are not getting compensation from class-action. that doesn't mean the monies all going to the lawyers, we split the money up among the nine percent that file claims or we give leftover money to charity. but it is true in a lot of cases the class-action is not very good at compensation. i admit that. but two things about that, remember the alternative here, folks, it's the government. is the government going to be better at getting compensation to people when they go after wrongdoers? to begin with, most of the time the government goes after wrongdoers that are prohibited by law from distributing the money to victims. it has to go into the u.s. treasury. on the occasions where the law permits the government to distribute money to victims, what you think the government does? they hired the same people the class-action lawyers hired to distribute their settlements. the government's claim

the ftc took one vote after another to undercut local community authority to govern their own communities. the commission voted to allow wireless carriers to bypass crucial reviews that ensure infrastructure projects respect the value of our communities place, historic preservation and the environment. the fcc also chose to undercut -- hundreds of citing applications associated with 5g. i don't think that is the right way to move forward. as the commissioner testified last week we have time to work on these issues in a timely manner. we need to take that time and make sure we are getting these issues right so we can get deployment. things held up in a legal battle is not deployment. that is why we have to get the right answers. efforts on 5g should create a cooperative opportunity. local communities want the benefits of these networks, but they also want to make sure they are reasonably deployed. this can be a cooperative process. in my state, spokane works with verizon to develop collaborative policies, and the city of bellevue developed a 5g innovation partnership zone that -- in theirh

as it undergo as antitrust review by the ftc.particular story not really moving the share price, a small increment for the general wave of anticompetitive potential action they may face. >> certainly not on its own. also was not seized on by the market as an excuse to start looking on the down side which, by the way, just recently nosed above its former all-time high, which is way back in -- and now it's 220, so i do think it's it's at a bit of a tricky spot is there an overhang at all? it doesn't seem like investors worry about this we just have about five minutes left to go we're going to dive into some of the health care stocks eric has some of those for us. >> the health care sector as a whole his 18%, new all-time highs, but it's not been as easy for every name in the group. some of the, including companies like abiomed and mylan also biogen, that's down 16% we see the sector setting new highs, but some of the these big names could have more up side potential. whether it's time to trim some of your winners, anything attracti

the ftc just came out with a very well researched study where they showed the median claims rate and a consumer class action is 9%. that means 91% of consumers are not getting any compensation from class-action. that doesn't mean soleimani they're all going to the lawyers. we split the money up among the 9% that file claims. every good left of her money to charity. but it is true in a lot of cases that the class-action is not regular compensation, i admit that. but two things about that. number one, remember the alternative here folks is the government. is the government going to be better at getting compensation to people when they go after wrongdoers? to begin with, most of the time the government goes after wrongdoers that are prohibited by law from distributing the money to the victims. that has to go into the u.s. treasury. on the occasions where the law permits the government to distribute money to victims, what he think the government does her they hired the same people to class-action lawyers do to distribute their settlements. on governments claim is 9% two. the government i

things outlined in av 4.0, we have our authorities where nhtsa jumps in if it impacts safety but the ftc has their authorities if it's miscommunicating what something can do, they could be perceived as trying to encourage more sales. also the s.e.c., if it's something that impacts stocks, you'll see this entire government approach watching these technologies and if we take on this approach with making sure we all understand who can do what, how they should be talking about these technologies, then you have the federal government and the private soektector working together to hold each other accountable for what the technologies can do and cannot do. that's the ecosystem we're trying to cultivate. one of the things i wanted to touch on, we also as we look to update the regulations, we have very prescriptive requirements from the past that are working to update piece by piece and it is very arduous work to make sure we update that, and we also have some of that with nhtsa, different levels and extents, but the idea of what you would do if you could start from scratch, whether it's safety p

will pay a break up fee of $98 million they announced this deal last november a couple of weeks ago ftcblock the deal saying lumina was continuing its monopoly. guys, the stock had not trade up to the value of the deal at 1.2 billion. investors were not totally continues vinced it was not going to get done and it's not >> does this flash any warning signs for any potential deals out on the landscape >> reporter: that's a good question we saw a couple of deals with a real delay in terms of getting done spark therapeutics was one so folks have been wondering if regulators have been digging more into these deals. we'll see if there's any worries on others. we'll bring them to you. >>> up next, we'll break down the charts to see how the continued rise of passive investing is impacting management industry. and how seattle $15 minimum wage ordinance is hurting some workers who it was designed to help do you have concerns about mild memory loss related to aging? prevagen is the number one pharmacist-recommended memory support brand. you can find it in the vitamin aisle in stores everywhere. pr

versus ftc, to explain it that way, to issue a valid subpoena, a committee or subcommittee must conformtly to the resolution establishing its investigatory powers. there must be a resolution voted on by the parent body to give the committee that power. and the problem here is there is no standing rule. there was no standing authority giving manager shift's committee the authority to use the power of impeachment to issue compulsory process. rule 10 of the house discusses legislative authority. it doesn't mention impeachment. and that is why in every presidential impeachment in history, the house has initiated the inquiry by voting to give a committee the authority to pursue that inquiry. so, coulden tr ee een -- contrary to what manager jeffries suggested, there has always been in every presidential impeachment inquiry a vote from the full house to authorize the committee and that's the only way the inquiry begins. there were three different votes for the impeachment of president andrew johnson. in january of 1867, march of 1867 and february of 1868. for president nixon, chairman rudino

direction >> reporter: the overhaul coming after the parent company, google, agreed t pay a fine to the ftc is requiring all to mark their content for kids or not. responsibility is our number one priority at youtube and this includes protecting kids an their privacy. a watchdog group averaged teens watch four hours a day the top platform, youtube, by a landslide. >> the more you can monitor your kids' use edge of youtube, both the amount of time they spend on it but also what they watch on it, is really helpful. >> reporter: if the changes aren't enough for you, there's youtube kids that's a separate app giving younger viewers what the company calls a more contained environment. youtube's ceo recently discussing the app with our own willie geist >> we are very careful about the content in there we enable tools for parents. like the ability to turn off search >> reporter: this week's changes, just the latest effort by youtube to ensure safety for all of its users now i want to show you how you can do even more to take control over your data click in the upper right corner on your youtube pr

. >> reporter: the ftc says the number one fraud complaint, social security phone scammers claiming therel security number and demanding payment. last year the fbi says more people over 60 reported being victims of the scams than any other age-group. but sometimes the crooks pick the wrong victim >> sheriff's deputy is going to come here and arrest me? >> absolutely >> reporter: they called this police captain, posing as a social security agent, and demanding her personal info or she'd be arrested. instead of hanging up, she had fun. >> the sheriff department is not coming to get me i'm pretty sure of that. >> guy called the wrong person there. the okay, by the way, people are trusting i sort of understand why people fall into the traps. so what is something that consumers can do, jo, to protect themselves >> yeah. watch for a few things first, any free trial offers, money transfer services, grammatical errors in the texts or emails. of course, you want to be reporting the scams to authorities. but government officials say companies and companies are telling us they never ask for your per

federal trade commission or, tech industry professionals, and youtube content creators discuss the ftc's children online privacy protection act. watch a live today at noon easn on c-span2, online at c-span.org or listen live on the free c-span radio app. >> tonight on "the communicators" andy purdy, you as chief officer for chinese tech giant huawei on the companies lawsuit against the fcc over a recent vote to ban u.s. companies from using federal funds to buy while weight equipment. >> so we had to say, fcc, what you have done is beyond the pale. it conflicts with the constitutional requirement of due process. conflicts with the stature which your authority is based and conflicts with administered procedures act which are supposed to follow and it conflicts with their own precedent. that's wrong. >> tonight at eight eastern on c-span2. >> next conformant democratic president candidate julian castro joined current candidate senator elizabeth warren at a rally in new york after giving the senator his endorsement. this is one hour. [cheers and applause] hello, brooklyn. [cheers and applau

up until two or three years ago, the ftc, the socialist worker party was searching filing decisions on the basis but by disclosing the names of donors, they would be making them potentially liable to law enforcement abuse based on hearsay history. given on history, what this government has been on including against my organization, do you worry about putting law enforcement back into encryption will have a chilling impact on speech or help facilitate these types of abuses? >> my answer to that is yes, it depends on the laws and federal court. it's only court access so today, with that access, we can search our own. when an independent federal judge, and we have believed to do that. that's been our constitutional standard in the country. we can do that. you have to be or you have to protect that law. we have new technology. to have that same ability with approval, first amendment rights and etc., they have a space immune from that. it's what one cannot enter. if your kid disappears, there's no way you get them back because there's no way to fix that. you can't go in there. you can't fin

dagen they don't want another write-off like a couple quarters ago remember wrote a big checking to ftcthe quarter 500 million a huge number obviously, theyl they don't want to keep writing i think the reason showing this proactive movement. >> i point out elizabeth warren keeps tweeting about this talking about stakes of this election too high we need to fight the spread of false information that that disempowered voters undermines democracy i will do my part calling on fellow candidates big tech companies to do their part because as rob snyder actor said entire maybe, the american people were just so completely stupid we can't think for ourselves, anyway, go ahead. >> from payne capital, we are starting to see tech obviously, numbers fantastic, we are also seeing things priced to perfection earnings great still down 7% time to add money to tech even with valuations where they are? >> you are right ryan you look at same stocks google microsoft apple all kind of trading same same range 25, 30 times earnings netflix, amazon 60 times earnings. >> crazy. >> is there room to keep going? rig

november of 2018 companies point to the lengthy, yeah, approval process that had an uncertain outcome the ftced a complaint to block the deal. >>> the federal reserve is out with the minutes of its most recent policy meeting. that comes this afternoon. the release will take place at 2 p.m. eastern the fed left rates unchanged as you know back in the mid december meet joog still to come this morning, what investors need to know about geopolitical tensions invesco's top political strategist will join us next it's down 300 points which is annian i annism -- an improvement they were down by 400. s&p down by 40 points and we will be back. >>> time for today's aflac trivia question. the mars exploration rover spirit landed on mars on this day in 2004. how long did it remain active? the answer when cnbc's "squawk box" continues why aflac? because health insurance doesn't always pay it all. aflac! after surgery we had extra bills followed up visits, deductibles. we thought health insurance had us covered up for everything, but it didn't. aflac gives you money directly to help you with those things. i

white house over stopping robocalls come with both parties agree with preserve is the chairman of the ftcat is what you have accomplished, stopping robocalls, you've got a pretty pathetic bumper sticker reelection strategy. >> how about lowering prescription drug costs for americans? >> sandra: it we are not just talking but one issue. jon, let me ask you. the longer this drags out, does this hurt your party? >> i don't think it does. we are able to talk about the accomplish once we've been able to make. >> robocalls! >> sandra: hold on. >> let's also talk about lowering perception drug costs. that sitting on mitch mcconnell's desk. let's have a debate about it. but the senate refused to do that. mcconnell brags about what he has called his legislative graveyard. speed this issue of impeachment, would it behoove nancy pelosi for her party to hand over those articles of impeachment sooner than later? what needs to be the strategy? we are in an election year. to you first, then match. >> okay, well, we are waiting to hear from you, but whether he's willing to have a fair trial. hear from wi

so you've got -- right now google and facebook are being looked at by doj, ftc and all the attorney generalsornia it's not a coordinated effort like it used to be it makes it quite difficult. >> it seems that in a lot of times the federal regulators at this point are going up against the state regulators, and i don't know where that leaves companies trying to determine who to appease. >> it's very challenging and the whole state regulator sort of presence now, i mean it's most visible of course on t-mobile and sprint, but it's very different and - >> and cars too. >> yep. >> the autos. >> i want to ask you about one of the high-profile deals or at least companies you've been working with, which is wework. we've been reporting on wework practically, you know, every day for the past several months. you worked with a special committee. this is -- >> we did. >> this is after adam neumann was ousted. >> we were hired -- our firm was hired by the special committee of the board of wework to advise them on finding a financing solution, and, you know, for all the reasons that you've mentioned, i mean

versus ftc to explain it this way -- to issue a valid subpoena, a committee or subcommittee must conformmust be a resolution voted on by the parent body to give the committee that power. and the problem here is there is no standing rule, there was no standing authority giving manager schiff's committee the authority to use the power of impeachment to issue compulsory process. rule 10 of the house discusses legislative authorities. it doesn't mention impeachment. and that is why in every presidential impeachment in history, the house that's initiated the inquiry by voting to give a committee the authority to pursue that inquiry. so contrary to what manager jeffries suggested, there has always been in every presidential impeachment inquiry a vote from the full house to authorize a committee and that is the only way an inquiry begins. there were three different votes for the impeachment of president andrew johnson, in january 1867, march 1867 and in february 1868. for president nixon, chairman redino of the house judiciary committee explained there was a move to have him issue subpoenas aft