sterns talked about ftc control and authority, and some people believe that we should not give the ftc the control to make the policy specifically the ftc with the rule making process, and having the ability to set what is personally identified information and many think we should define that in law and not give it to the ftc. i want to stay with this. i want you to define for me, just go down the tick list as of making rules what you would put sequence what would be personally identified information, how you would see that in the rule making authority. >> i think the touchstone here is information that can be uniquely tied to an individual. i'm afraid i just can't rattle off a list here, but my staff is very happy to work with you to articulate in more specific terms, but, again, the key would be information that can then be used to identify someone, and i believe it would be broader than the definition that's currently used in the draft bill. >> okay, what i would like you to do then is submit that to us in writing because i think this is an area where we're going to need to focus, p

the ftc soon found this promise was entirely false. in march, the commission reached a settlement where they agreed to refund all fees and to avoid all misrepresentations in the future. do you believe is currently too difficult for consumers to opt out of information brokers databases? >> i do. i think this is a merry with their knees to be legislative safeguards. >> can you discuss how difficult it is to remove once the information from a broker's database compared to those of retailers? >> the broker business model relies on the collection of detailed information about consumers without their knowledge. it is not the consumers providing information. and that information gains commercial value in as it is shared with third parties. the consumer has no ability to interact to limit those transactions. so the simple answer to question is that it is very difficult for consumers to play a meaningful role in what information brokers do with information about them. >> let me yield to the chair person. >> thank you. i want to reiterate to the

the ftc brings expertise about technologies and services. protecting privacy is a necessary part of providing communications services. so, too, is it part of the fcc passed a mandate to provide a healthy marketplace that meet consumer needs. thank you for this opportunity to testify today, i look forward to your questions. >> thank you, mr. schlick. we will proceed to the questions. as for myself, we will be rather rapid. we do have the votes at 11:00, and that is very disconcerting to me. the majority failed to check with me about the convenience of the commerce committee, so i will do the best i can. i will ask these fairly quickly. commissioner brill, as you know, senator pryor and i have introduced s.1207, the data security breach notification act. what are your thoughts on this bill, quickly? >> sorry -- the commission supports strong federal legislation dealing with data security and breach notification like this bill. this does satisfy the requirements of such a strong protective bill. >> thank you. our bill gives the federal trade co

the ftc has implied a reasonableness standard. a really does depend on the particular circumstance, which elects to take into account the nature of the information, the costs that may be involved. i've believed taking a flexible approach allows us to fashion the right balance between costs that would be imposed on businesses as well as making sure that we have robust protection for consumers. allow to highlight the keys to the agency. have related to very basic and fundamental failures in data security. these have not been close calls. of that provides insurance. >> the questions are not usually the obvious. it is some area, that is why it ends up in court. social security numbers had no need for them. the expense of labor each cost the company, i would not one that information long. i will yield back after one more thing. he talked about the time for notification. and did you say what you thought was reasonable for that? >> our view is that notification as soon as was practically feasible, the circumstances may change. in other s

would also like to see more credit to the ftc to modify and update definitions of the bill. in addition, we are concerned language of preemption provision could force to deceive to protect consumers beyond the scope of this bill. the plan supports jon rockefeller is to not track on the enacted in a necessary component. public support for do not track action is particularly high this moment. according to the consumer reports point mentioned before, 81% of respondents agreed that they should be able to permanently opt-out of internet tracking. some industry actors severity developed and incorporated to not track toaster into browsers. marketers currently can and to ignore to not track choices. this is precisely why chairman rep others as a much-needed component. consumers union believes that do not track on enacting commercial privacy bill of rights that taken together would give consumers privacy protections in english was the way their information is collected and used. protecting consumer privacy also made safeguarding data against unauthorized breaches. the data security a

now, ftc looking into allegations the company man nip plated search results to steer users to its own sites and burying link tosz competitors. google says it's unclear about concerns but ak nolged the investigation today in a company blog entitled supporting choice, ensuring economic opportunity, quote we respect the ftc process and will be working with them as we have other agencies over coming months. uc law professor is an expert on antitrust issue oomz web sites feel what google is doing is unfair. and there has been a huge amount of pressure to investigate and figure out if this is indeed illegal. >> professor edlin worked on antitrust regulation for the clinton white house. the president of consumer watch dog called on the white house to break the tie was google's executive chairman, eric schmidt. you remember the president hatd a dinner with schmidt and schmidt had been wined and dined at the white house on several occasions, a big financial supporter of candidate obama and sits on the council of advisors on science and technology. coming up we'll hear from consumer watch dog a

and the ftc is looking into whether google abuses its dominance. the ftc will issue subpoenas within days according to the wall street journal. no comment from google. >>> protestors are camping out this morning just outside of san jose city hall. they are determined to secure seats for today's special session of the city council. they say they are upset about mayor reed's budget plan which calls for layoffs and cuts to city worker pay as well as retirement benefits. at today's meeting, councilmembers will discuss current negotiations with unions. because the negotiations are ongoing, the council will likely delay votes on fiscal reform ballot measures and whether to declare a fiscal emergency. >>> a judge told caltrans to stop construction on a commute route in the east bay. highway 84 known as niles canyon road between fremont and sunol is only two lanes and an alameda county judge has halted work to make it four lanes. caltrans started the project more than 40 years ago but the suit that stopped it is less than a month old. there is a challenge

ftc found this promise was false. the commission reached a settlement where the company agreed to refund all fees charged and avoid misrepresentation in the future. do you believe that it is currently too difficult for consumers to opt out of information broker databases? >> i do. i think this is an area where there needs to be legislative safeguards. >> can you discuss how difficult it is to remove once information from a broker data base compiled -- compared to retailer? >> the broker business model relies on the collection of detailed information about consumers without their knowledge. it is not the consumers providing the information. that information gains commercial value as it is shared with more third parties. the consumer has no ability to interact, to limit those transactions. the simple answer is it is very difficult for consumers to play a meaningful role with what brokers do with information about them. >> let me throw it over to the chairman and field. >> i appreciate that. i want to reiterate we are lo

he's been appointed to the counsel and now, google is under investigation by the ftc and the department of justice, well, there are questions about the relationship. google admits its being investigate bid the ftc, looking into complaints google manipulates search engine results in order to highlight you tube, and burying the competition. >> there are huge number of complaints, people, many web sites feel what google is doing is unfair. >> and this pro growers is an expert on antitrust issues and says there has been a lot of pressure to investigate google to see if what they're doing is illegal. >> it may be. my betting is that a case won't be brought. >> the government is investigating google in connection with online advertising for so called rogue pharmacies. last year, google filed suit against those advertisers saying they're bad for users for legitimate pharmacies and the e-commerce industry and promised to go after those advertiser buzz consumer watch dog sent a letter expressing concern that the president has been entertaining executives at the white house while cases are pendin

the head of the ftc testifies next on c-span2. now the senate commerce committee looks at consumer privacy and data security and the internet. the committee is working on measures that will require companies to notify consumers quickly after any security breach. you'll hear from the head of the federal trade commission, julie brill and officials from the commerce department and federal communications commission. west virginia democrat jay rockefeller chairs a committee and will gavel the hearing to order in just a moment. this is an hour, 20 minutes. >> we are going to begin. this hearing will come to order. this is the third hearing on consumer privacy that we have had in this committee and a in the 112 congress. as i have repeatedly emphasized americans are often unaware of the vast amounts of information that are being collected on them and then used often to their -- usually to their detriment. i focus on the need for companies to provide everyday consumers with a clear understanding of what information they are collect inning

. >> skpth "wall street journal" reporting the ftc is planning a large antitrust investigation into google. and the investigation concerns whether the search engine giant reviewed companies on the web. regulators are preparing to send google subpoenas for information. google declined to comment on the investigation. >> the bart board is reviewing a survey showing a switch to late night bart service friday will hurt minority and low income riders. bart is considering extending hours past midnight friday to accommodate late night riders in and out of san francisco. however, later friday hours must be coupled with a later start the following morning. >> you have to have a time crews can get out there to keep tracks and operation with the trains running again. >> so here is the rub. the survey shows 33% of the riders show bart is the only means of transportation to work. the same survey says 81% of the rivers favor an extension of service. the board is expected to make a decision next month. >> and options are running out across the country who feel victimized by a mortgage rescue scheme. >> w

ftc looking into whether they lie or misled agencies about oil prices or petroleum products. profits have nearly doubled since the start of the year, even though they have only been using about 82% of their capacity. scott mcgrew, a lot of people have misunderstandings about gas prices of this they really do. first of all, oil companies don't set oil prices any more than farmers set corn prices. there are, in fact, so many questions about gas and oil, the focus. i will have big oil on the show. we'll ask those questions you always wonder. questions like is the gas at one station different than the gas at another station. e-mail about not filling up, does that have an effect? that the be sunday morning at 9:00 a.m. all the finger pointing by washington, let's not ignore the government's roll. remember, the weaker the dollar, the more you need of them to buy a barrel of oil of the fed needs to set interest rates. we don't expect them to raise rates. that means more cheap money, a weaker dollar and higher oil prices. >>> video from google, launched voice search. you need the goo

the wall street journal says the ftc will issue subpoenas within days.o far google is not commenting. >>> 5:22. we were all rooting for them. >> especially me. watching last night. do or die game for the cal bears baseball team. they are playing in the college world series. we'll tell you how they fared coming up. ,, dad, i was wondering if you've -- what's up? oh, what's wrong with your hair? oh. i was cruising the world-wide-web. found this do. what are you wearing? dope, right? it's got a hood. want one? boom. done. [ ding! ] [ boy ] lookin' good mr. g. thanks, bro-seph. are you video chatting? with my boyfriend? yeah! hey, tessa! mom! [ mocking tone ] mom. [ male announcer ] now everyone's up to speed. high speed internet is more affordable than ever with no home phone required. only in the network of possibilities. only one mouthwash in our home -- act. [ male announcer ] act mouthwash for kids has maximum fluoride for up to 40% fewer cavities and stronger teeth. act. stronger teeth and better checkups in every bottle. county are about to get unwelc

ftc also looking into whether oil companies lied or misled agencies about the price of oil or petroleum products. we checked some local gas prices on gas buddy.com. down from where we've seen them recent months. prices for a gallon of regular vary from $3.59 in livermore to $3.99 in oakland and walnut creek. meantime gas prices could bring fourth of july travel plans to a hall. for more on that and other news benefactor bell, courtney reagan live at cnbc. good morning. >> good morning to you. futures are lower after yesterday's gains. it looks as though we've actually gained back a little bit today. stocks did price on optimism on the vote of confidence in the government that will help the country avoid defaults. higher on the optimism. europe is relatively flat. there's no economic data today but fedex just reported their earnings. they beat the street. that's handlingly seen as an economic indicator, people buying, shipping and things looking better. see how the markets play out with this news. big focus on the fed, wraps up a two-day meeting this afternoon that is expected to cut its

according to the "wall street journal" the internet search giant will be hit with subpoenas from the ftco looking whether if violated anti-trust laws. the company's ad service brings in its major revenues. >>> ford fell to 23 in jd power's annual new car survey. car owners complained about malfunctions with ford's new dashboard touch screens. lexus, honda and acura topped the list. dodge was the worst performing brand. >>> manny, i think we need a vaca, buddy. turns out the average american worker works 350 more hours per year than the average european. that's nearly 44 more days. the reason? americans take less sick days and nearly half the vacation time of their european counterparts and americans work more overtime, much of it overtime. you know how it is, work every day of the week and don't complain about it. >> that's right, and give it all back to your employer when you can. in new york, terrell, thanks a lot. have a great weekend. >> you too. >>> here in new york an advanced case of justin bieber fever. the teen singer was promoting his new perfume and he drew a huge crowd, when

we received, i think after you approve the budget, we received $400,000 grant from ftc related to the central project corridor. president olague: oh, great. >> it is helpful because it is very difficult to get grants for environmental review work, and this is one of the few sources for that. we are decided. we are excited to get that. and, let's see, those are some of the highlights. i think that is it. there are some fairly small changes that are also outlined in the memo that time draft it. just to let you know, the budget hearing 4. the department at the board of supervisors is scheduled monday morning. we are reviewing recommendations from the budget analysts right now and we will have some preliminary response to that monday morning. and that is it for me, unless there are any questions. president olague: commissioner antonini? commissioner antonini: in regards to the fourth street plan and the easter neighborhood, that has not been rezoned pending this. -- and the eastern neighborhood, that has not been rezoned. a few have any time frame? >> we would like to get the plan, the co

the ftc is now looking into the postings by medical justice. but keep in mind they are not posting about themselves. so there are some questions about the legality. >> thank you. >>> well, the free ride for the carpool lanes for the solo drivers of those hybrid vehicles is about to end. the yellow stickers for hybrids expire july 1 and dmv doesn't have any plans to renew them. you might say the program is a victim of its own success t began in 2005 as a way to persuade drivers to give them incentive to buy a hybrid. now there are plenty of hybrids on the road, don't you know. there will be a new program starting january, but it will probably be just for owners of plug-in hybrids. >>> if you ever walked or cycled across the golden gate bridge, now how easily it can get crowded. and now a new change is about to make things even worse. anne makovec explains. >> reporter: it's one of the most famous stretches of sidewalk in the world. but starting today, there is less room to walk or bike across the golden gate bridge. >> for tourists, it's terribl

the ftc that explicitly in net neutrality, that kind of caring, it was okay, even went so far to sayt's the only fair way to manage the network, and we should say something about that. when we say "fairness," you know, in a shared network in my neighborhood, the vast majority of my neighbors get e-mail and surf web pages. if one of the neighbors is running a music server because they love music and have 9,000 songs, that shouldn't mean i have a terribly degraded experience, and i have to pay for it, and so economics is completely, what the chairman was saying was economics 101 and mow markets deal with that is differentiate a pricing. it's deficient. if you're the 20% who wants to run the music server, that's okay, but you should pay more for that consumption, and in part though that the family who are doing e-mail and checking web pages can pay less, and so he's surprised because he's an anti-trust thinker, and i am to, and in scholarship, we would say that's the absolutely efficient answer; right? if there's a limited amount of capacity, and you have to manage the scarcity and ther

he reported the problem to the irs and the ftc. have you received any written communications from either of those agencies collects the federal trade commission wrote me a letter. i never got anything from the irs except what i got the other day. it said that an individual used muscle security #to file a return. it was telling me what to do as far as the affidavit and contacting the ftc, but i already did that. it is three months late. and the police report has -- a police report has been filed along with the d a. the city police department found an address and a name in new jersey, but the irs said he cannot arrest her. he cannot touch her. >> you mean? >> the irs. >> have you received a written or verbal communication from the irs to give you an update on tax fraud? >> nothing. >> that is a real issue in terms of the amount that is involved. if they discovered $5,000 has been stolen and nothing is going to happen, the irs is not going to pursue it, that maybe the way you make your living from this point on until something is done

we did reach out to facebook to get its response to this ftc complaint via e-mail and didn't receiveyou facebook, congressman. are you worried about your personal information and how far this could go? >> my facebook is in my office and we put up statements, videos and we abide by all privacy and security laws. but i'm not concerned there. i'm more concerned about an individual out there. or a child that just doesn't understand the implications of a picture or any other information being made more public and available to everyone. and i think that we need to actually implement now regulations, new laws in order to give that power over to consumers, rather than giving it to facebook or other information companies. >> let's just be really direct. we sort of mentioned it at the beginning here. i mean, the situation could be, let's say, your 12-year-old has a facebook page and a pedophile coming out of school takes a picture of her, uploads it, does the facial recognition technology, and, poof! all of her information comes up. this pedophile could find out where she lives, what she likes

. >> google admits it is being investigated by the federal trade commission, the ftc, looking into complaintss search engine results in order to highlight google on subsidiaries like youtube while burring the competition. >> there are a huge number of complaints. many websites feel what google is doing is unfair. >> u. c. law professor, aaron, is an expert on anti-trust issues. he said there's been a lot of pressure for the government to investigate to see if what they are doing is illegal. >> it may be, my betting right now is a case won't be brought. >> the government is also investigating google in connection with online advertising for so-called rogue pharmacies that operate outside the law. last year google filed a suit against the them say are they are bat for the entire industry. google promised to go after those advertisers. they sent a letter to the white house council expressing concern that the president has been entertaining google people at the white house. that is a conflict of interest. >> the company is under criminal investigation by the justice department, anti-trust investi

domestically, the fcc is working closely with the ftc, federal reserve board african-american others to -- others to implement differences in products, entities, and markets. working closely domestically bolsters our acts immediately. this enails to consult, coordinate with foreign regulatory authorities on the establishment of consistent international standards. we are working closely with international regulators in this regard. while the u.s. is the leader in this area, a significant international con accept sus exists around core components of otc derivatives reform. while progress is made internationally, other nations lag behind u.s. efforts. to address differences in scope and timing, the fcc has been extremely active and bilateral discussions with regulators abroad. we've been engaged with market regulators bilaterally and participation in and leadership of various international task forces and working groups to discuss the full range of issues surrounding the regulation of otc derivatives. rather than addressing the international implications of title vii of dodd-frank peace

today the ftc approved the $8.5 billion deal.to talk over computers and smartphones for free including video calls. some 170 million people use the service. the merger will be one of the biggest in years for tech companies. >> a nice week as fred pointed out earlier in the 6:00 broadcast, one of the nicest weeks in a while, only temperatures in the mid-90s a couple days ago, today we hit 80s. tomorrow a little cooler because of the fog and low clouds. these are realtime buoy readings and give you a wind direction and water temperature, but the golden gate bridge a southwest wind at 6. the winds are bringing in some fog off the coast. we've got a good dose of fog moving in off the bay tonight. redwood city, freemont, san rafael will have fog. oakland. these are the highs from today, cooler than yesterday. highs tomorrow, take a degree or two away from these. so i think concord tomorrow will be upper 70s, low 80s at best. slightly cooler tomorrow and then as we head towards sunday slightly warmer and then monday, tuesday, wednesday

today the ftc approved the $8.5 billion deal.eople to talk over computers and smartphones for free including video calls. some 170 million people use the service. the merger will be one of the biggest in years for tech companies. >> a nice week as fred pointed out earlier in the 6:00 broadcast, one of the nicest weeks in a while, only temperatures in the mid-90s a couple days ago, today we hit 80s. tomorrow a little cooler because of the fog and low clouds. these are realtime buoy readings and give you a wind direction and water temperature, but the golden gate bridge a southwest wind at 6. the winds are bringing in some fog off the coast. we've got a good dose of fog moving in off the bay tonight. redwood city, freemont, san rafael will have fog. oakland. these are the highs from today, cooler than yesterday. highs tomorrow, take a degree or two away from these. so i think concord tomorrow will be upper 70s, low 80s at best. slightly cooler tomorrow and then as we head towards sunday slightly warmer and then monday, tuesday, wed

. >> google admits it's being investigated by the federal trade commission, the ftc, looking into complaintst google manipulates it's search engine results in order to highlight subsidiaries like youtube, while burying the competition. >> there are a huge number of complaints. many websites feel what google is doing is unfair. >> u. c. law professor, aaron edlin is an expert ons the issues. he said there's been a lot of investigation to see what they are doing is illegal. >> it may be, my betting right now, a case won't be brought. >> the government is also investigating google in connection for online advertising for so-called rogue pharmacies that operate outside the law. last year google filed a suit against those kinds of advertisers saying they are bad for using and for the entire e customers industry. google promised to go after the advertisers and consumer watch dogs sent aler to the white house counsell expressing concern that the president has been entertaining google executives at the white house while the cases are pending and that poses an inappropriate conflict of interest. >> t

you also reported a problem to the irs and the ftc, is that correct? >> yes. >> have you received any written key muations from either of those agenes? >> federal trade commission wrote me a letter. i have my confirmation number on it. irs connecticut any income except lead i just got the other day. >> what did that say to you? >> that individual use my social security number to file a return, but those three months ago. they're telling me what to do as far as the affidavit and contacting federal trade commission. but i already did all that so it is three months late. >> right. did you contact the your td? >> yes. >> what was their response be? they have a police report and so does the district attorney's office. >> do they appear to be investigating with you, we do no? >> the new york city police department found an address and a name in new jersey, but the irs when they came to talk to the other month,e said he can't arrest or. they are going to arrest or. he said he can't touch or. >> when you say day, do you mean -- >> the irs. >> have you received

the ftc is looking into whether google violates antitrust laws withist search engine practices. their search and advertising business brings in most of its revenue. no comment from google so far. >>> after 16 years on the run, mob boss james whitey bulger could be in court in boston as early as this afternoon. he will face multiple charges including murder and extortion. bulger and his girlfriend were arrested in southern california on wednesday after an epic world wild manhunt. in 2006, one of his lieutenants, kevin weeks, talked to 60 minutes. >> he stabbed people. he beat people with bats. he shot people, strangled people, run 'em over with cars. >> you said also that he like killing. >> yeah. >> weeks says everyone was afraid of bulger. he says killing was kind of a stress relief for the mob boss who is linked now to 19 murders. >>> there is new evidence that osama bin laden had some help from people close to pakistan's intelligence agency. the "new york times" says that the evidence comes from a cell phone recovered in the raid which ended the al qaeda -- ended in the al qa

. >> google admits it is being investigated by the federal trade commission, ftc looking into complaintsates the search engine results in order to highlight google owned subsidiary like you tube while burying the competition. >> huge number of complaints. people many web sites feel that what google is doing is unfair. >> uc law professor is an expert on anti-trust issues. he says there has been a lot of pressure on the government to investigate google to see if what they are doing is illegal. >> it may be my betting right now its a case won't be brought. >>reporter: government is also investigating google in connection with on line advertising for so-called rogue pharmacy. that operate outside the law. last year google filed a suit against those kinds of advertisers saying rogue pharmacy are bad for users for legitimate on line pharmacy and for the entire e-commerce industry. google promised to go after those advertisers but today consumer watch dog sent a letter to the white house counsel expressing concern that the president has been entertaining google executives at the white house wh

the ftc has some authority, you have some authority. what is being done to create a seamless web of regulation and enforcement between the agencies? >> >> working together in an appropriate coordinated way. and so the task force that we have set up with the federal trade commission is important to us. we with the justice department have very practices where if something rises to a criminal violation we will refer it and in the last two years there has been criminal enforcement actions that casme out of our referrals. so there are historical reasons why different improper conduct that has some similarities are handled by different agencies. congress at some point may or may not look at this but the point is for us today we jointly have an obligation to coordinate, to cooperate, and to make sure that it's seamless from the perspective of consumers. >> well, i think that's the last of the questions i want to give you a chance to say anything closing remarks to our audience? >> other than thank you very much. we regard this as very importan

is the ftc involved? >> not to my knowledge, the ftc. >> what other agencies -- >> the sythes committee. we're voluntarily filing. >> anybody else that you can identify that you're submitting information to? >> i just didn't hear you say justice department. >> well we said doj at the outset. they're the big, big enchilada here, they make the final decision. what i'm not clear on is what these other agencies, what their role is. what is, let's just go one by one. s.e.c., obviously provides expertise to the department of justice. but do they have another role with reference specifically to the new york stock exchange? are you submitting information to them and are they reviewing it? and for what purposes are they reviewing it? >> yeah. they work with the foreign regulators in europe to make sure that the division of labor and there's an m.o.u. between. for example, s.e.c. and the college of regulators, even for existing exchange. it has to do with rules for exchanging information when there are investigatio

the ftc and the department of justice approved a massive merger, and that involved comcast. do you think there are going to be more of such mergers in the future, where you have operators and programmers merging it again? of course, jeff has done the opposite. like liz and mr. burton. >> there is obviously been more consolidation going on in the industry. at comcast, we were able to find something to work for both companies. people are looking for scale. they are looking for efficiency, a way to leverage assets across larger platforms, and it is a very fast-moving marketplace. jeff, i want to go back to something you started, a really good point. we talk about opportunity and how consumers want to get their information, their communication across a platform of choice, and if the content is really good, they will try, and we have to remember, for this all to work, there has to be great content involved. there has to be a lot of infrastructure, and it takes billions and billions of dollars to do that. we have to do this to get these things in place to give consumers the kinds

the ftc put together a working group that included the fda and other components of government to lookt some of the issues, and voluntary recommendations to industry have been put forward for further discussion. and it's an important discussion to have, because we need to work with industry to be able to provide consumers -- parents and children, all of us -- with the best possible information about nutrition and health so that we can all make good choices in terms of promoting and protecting health. >> so you're not saying, as the grocery manufacturers do, this is a case of make these changes or else? >> these are voluntary recommendations. and we work closely in many domains with the grocery manufacturers of america and other industry representatives, because how food is formulated -- whether it's sodium, sugar, fat -- really does matter for issues like obesity and heart disease and diabetes and other things. the food industry recognizes that there are ways that they can improve and make more attractive the food products that they're developing. we certainly have a vested interest in

out of this town are not helping employers, whether it is health care, painting, regulation from the ftc fcc, the epa, this must stop. we look forward to working with you to get these regulations of the books and not add more. i yield. >> thank you, mr. chairman. i also want to welcome mr.ass sunstein back. i have questions about agencies and challenges as well as a bigger picture approach to see how we can get this executive order because one of the concerns i have as we have gotten over to a half years into this administration today's numbers show a dramatic decline from the numbers the test cannot in any. frankly, when i talk to employers of only throughout southeast louisiana, but industry groups and represent employers all across the count one of the first things they tell you about the limitations is there inability to create jobs and the biggest impediment is nothing to do with ptecting people or environment, but agenda is driven by bureaucrats in washington. that is not howegulation ought to work. we pushed regulations her to help create jobs that is a lingering in the senate, bu

if you think about what the ftc said, they said they got more complaints about debt collectors than anyint, you know, these calls. they were repeatedly coming, they were being harassed. that's using profane language, calling before 8:00 a.m., after 9:00 a.m. threatening to use violence if they didn't pay. >> what do you mean by they're going to the to work on how they talk to you. is that what you mean? no cursing, please? >> yeah. exactly. they want to know exactly what the rules are so they're not harassed. the debt collectors say we're the ones that's harassed. >>> coming up, new pictures and details in the anthony weiner scandal. the president weighing in saying the congressman's behavior is inappropriate. one aide says he's in a state of despair and his state is turbulent. clarence clemons has reportedly suffered a stroke over the weekend. he was initially paralyzed on his left side. known by his nickname the big man, he most recently appeared with lady gaga on "american idol." new zealand, christchurch hit with a pair of earthquakes today within 90 minutes of one another. some dam

agencies to go ira i made team and released on the website, did any of them come from the fcc, the ftc, cpsc for the nrc? >> no. >> they did not. sir, what is going to be her next entry tricyclic >> well, i am hopeful and i said in writing and i'll say right now that we would very much like the independent agencies to engage in this book but process. >> i've got to tell you the american people are hopeful for jobs and you all have dropped the ball. they are getting tired this. and they are enough to take some action. in what you are doing is sending out all the these speculations is broad. it's going to have $100 million impact. we are going to pull it in here and hold you while accountable that this in the american people will hold you accountable for this. you've got to find a way to get these agencies to get some of this regulation. to me ask you with one and half minutes left. the combo care organizations in tennessee is very important industrial sector for us. the proposed rule on the accountable care organization is incomprehensible. there is a group representing some of these or

the ftc put together a working group including the fda and other componentings of government to look at some of the issues, and voluntary recommendations to industry have been put forward for further discussion, and it's an important discuss to have because we need to work with industry to be able to provide consumers, parents, and children, all of us with the best possible information about nutrition and health health so that we can all make good choices in terms of promoting and protecting health. >> i'm saying the groasher manufacturers this is a case of make these changes or else? >> these are voluntary recommendations, and we work closely in many domains with the grocery manufacturers and other industry representatives. because how food is formulated, you know whether it's sodium, sugar, fat, you know, it really does matter for issues like obesity and heart disease and diabetes and other things. the food industry recognizes that there's ways they can improve and make more astraightive the food products that they are -- attractive the food products they are developing. we have in

is in a unique position is that the cfpb will have regulatory authority over the industry, while the ftc will maintain enforcement authority. we will be working with both to try to modernize the laws and address these issues that we have identified in the blueprint we have drafted. host: the federal trade commission has no federal regulations that deal with that collection? guest: they did not have the authority to implement regulations. it was something that we need to be done by congress rather than through regulatory reform. host: our first call comes from mcgregor, minnesota. caller: just a quick question on credit charge debt. if i had a credit card in my name only, and i die, when my wife you responsible for my debt? guest: it would depend on when the debt was incurred. if it was incurred during the marriage, your wife would be jointly responsible for that debt. even though it is in your neck, your wife would be responsible for that debt after pass away. host: salmon on line for democrats. -- sam on our line for democrats. caller: i think this issue impacts a lot of people. recentl

we have a joint fcc-ftc task force on consumer issues to make sure that we are in power and consumers. -- empowering consumers. we make sure that nothing is calling for the >>. -- through the cracks. >> if i get a charge on my credit cards, but i do not think i am post, and they do not make me pay it. are there similar procedures and for phone companies? >> there is nothing formal. there is nothing like this in this space. we have seen a variety of practices. there are cases where consumers complain and they are made will fairly quickly. there are other cases that are out of the investigation -- people have had charges month after month that added up to 200, 300, more than $400. they would have to go to the state public utilities commission to get satisfaction. there is a large -- there is a wide variety of practices. we think that consumers to have been subject to cramming should be able to [inaudible] >> you are circulating an item to empower consumers. >> this would be a proposal sent to the other commissioners to look at ways that we can improve disclosure and transparency on phon

the president, congress, ftc, parenting groups have been uniquely concerned with the level of violentminors that they have ready access to. >> the andersen study says the fact of the violence is the same for a bugs bunny episode as for a violent studio. can the legislature now, because it has that study, you can outlaw bugs bunny? some say that the cartoon has very little social value. >> i am not suggesting -- to me, it is not entertainment. that is not the point. >> cartoons do not depart from the established norms of the level of violence to which children have been historically exposed to. we believe the level of violence in these videogames -- >> that same argument could have been made when movies came out. they could have said we have had a grimm fairy tales, but we have never had it live on the screen. >> i think that is the beauty of incorporating the three prongs of the miller standard into california's law. it ensures that only a narrow category of material would be covered. >> how is this different than what we said we would not do where we said we do not look at a category

agency by oira may 18th and released on the white house website, did any of them come from the fcc, the ftc, cpsc, ferc or the nrc? >> nope. >> what will be your next step to address it? >> i'm hopeful, and i said in writing and i will say right now that we would very much like the independent agencies to engage in this look back process. >> i've got to tell you the american people are hopeful for jobs and you'll troubled. they are getting tired of this and they are expecting us to take some action. and what you are doing with sending out all these regulations is wrong if it's going to have a $100 million in pact we are going to pull it in here and hold dewaal accountable and the american people are going to hold you accountable for this. you've got to find a way to get these agencies to get some of this regulation of the book. let me ask you about one and a half minutes left the accountable care organizations. health care in the tennessee is a very important industrial sector for us. the proposed rule on the accountable care organization is incomprehensible. huge it's incomprehensible. the

they are very heavily regulated by the ftc in the ways it could only be compared to prudential regulation but the second narratives suggests that weaknesses in the financial sector during 2007-2008 contributed to uncertainty about the ability of issuers in the short-term market to make good on an obligation. investors and money market funds particularly the growing number of institutional investors of money market funds were looking through portfolios and lost confidence. beginning of course with lehman brothers when it collapsed but thereafter aig and a number of other major players, commercial paper issuers who appeared to be in play at the time. they simply lost confidence in the short-term market. this narratives suggests if they weren't money market funds, folks have been holding the commercial paper where the obligation of the underlying issuers they would have rolled over into have had the same crisis. the first narrative best articulate i think by paul volcker, holds money market funds as the culprit part of the shadow banking system. that's what that term is used. the other narra

out of this town are not helping employers, whether it is health care, painting, regulation from the ftc, the fcc, the epa, this must stop. we look forward to working with you to get these regulations of the books and not add more. i yield. >> thank you, mr. chairman. i also want to welcome mr. cass sunstein back. i have questions about agencies and challenges as well as a bigger picture approach to see how we can get this executive order because one of the concerns i have as we have gotten over to a half years into this administration today's numbers show a dramatic decline from the numbers the test cannot in any. frankly, when i talk to employers of only throughout southeast louisiana, but industry groups and represent employers all across the country one of the first things they tell you about the limitations is there inability to create jobs and the biggest impediment is nothing to do with protecting people or environment, but agenda is driven by bureaucrats in washington. that is not how regulation ought to work. we pushed regulations her to help create jobs that is a lingering in t

you also reported a problem to the irs and the ftc, is that correct? >> yes. >> have you received any written key mutations from either of those agencies? >> federal trade commission wrote me a letter. i have my confirmation number on it. irs connecticut any income except lead i just got the other day. >> what did that say to you? >> that individual use my social security number to file a return, but those three months ago. they're telling me what to do as far as the affidavit and contacting federal trade commission. but i already did all that so it is three months late. >> right. did you contact the your td? >> yes. >> what was their response be? they have a police report and so does the district attorney's office. >> do they appear to be investigating with you, we do no? >> the new york city police department found an address and a name in new jersey, but the irs when they came to talk to the other month, he said he can't arrest or. they are going to arrest or. he said he can't touch or. >> when you say day, do you mean -- >> the irs. >> have you rec

agency by oira may 18th and released on the white house website, did any of them come from the fcc, the ftc, cpsc, ferc or the nrc? >> nope. >> what will be your next step to address it? >> i'm hopeful, and i said in writing and i will say right now that we would very much like the independent agencies to engage in this look back process. >> i've got to tell you the american people are hopeful for jobs and you'll troubled. they are getting tired of this and they are expecting us to take some action. and what you are doing with sending out all these regulations is wrong if it's going to have a $100 million in pact we are going to pull it in here and hold dewaal accountable and the american people are going to hold you accountable for this. you've got to find a way to get these agencies to get some of this regulation of the book. let me ask you about one and a half minutes left the accountable care organizations. health care in the tennessee is a very important industrial sector for us. the proposed rule on the accountable care organization is incomprehensible. huge it's incomprehensible. the

out of this town are not helping employers, whether it is health care, painting, regulation from the ftc, the fcc, the epa, this must stop. we look forward to working with you to get these regulations of the books and not add more. i yield. >> thank you, mr. chairman. i also want to welcome mr. cass sunstein back. i have questions about agencies and challenges as well as a bigger picture approach to see how we can get this executive order because one of the concerns i have as we have gotten over to a half years into this administration today's numbers show a dramatic decline from the numbers the test cannot in any. frankly, when i talk to employers of only throughout southeast louisiana, but industry groups and represent employers all across the country one of the first things they tell you about the limitations is there inability to create jobs and the biggest impediment is nothing to do with protecting people or environment, but agenda is driven by bureaucrats in washington. that is not how regulation ought to work. we pushed regulations her to help create jobs that is a lingering in t

agency by oira may 18th and released on the white house website, did any of them come from the fcc, the ftc, cpsc, ferc or the nrc? >> nope. >> what will be your next step to address it? >> i'm hopeful, and i said in writing and i will say right now that we would very much like the independent agencies to engage in this look back process. >> i've got to tell you the american people are hopeful for jobs and you'll troubled. they are getting tired of this and they are expecting us to take some action. and what you are doing with sending out all these regulations is wrong if it's going to have a $100 million in pact we are going to pull it in here and hold dewaal accountable and the american people are going to hold you accountable for this. you've got to find a way to get these agencies to get some of this regulation of the book. let me ask you about one and a half minutes left the accountable care organizations. health care in the tennessee is a very important industrial sector for us. the proposed rule on the accountable care organization is incomprehensible. huge it's incomprehensible. the

done some experimentation with metering, and i just came from a luncheon where john leibovitz of the ftc said he was surprised that metering hadn't caught on more, heavy users, in fact, shouldn't pay a little more. what has time warner's experience been with that, and what do you think of this as a larger scale deployment? >> guest: well, we don't have any plans to roll out consumption-based billing at this time, but i think john's points were very good. those who use less should pay less. i think it would be great if we could lower prices or at least not take prices up as fast for people who use a lot less. so we're delighted that people are using more, growth of internet traffic is skyrocketing particularly peak growth during prime time which is 8-10:00 at night. it is a challenge to build enough capacity to keep up with all of that growth, but it's terrific for us. people are getting more and more value out of their high-speed data connections, and that's exactly what we want. >> host: so in the area where your job intersects with washington, what would your message be to washington r

helping employers whether it is health care, whether it is banking, whether it is regulation from the ftcons off the books, not add more, and i yield back. >> gentlelady yields back. the gentleman is recognized. >> thank you, mr. chairman. i welcome mr. sunstein back for comments, and then there's a dialogue about specific agencies and challenges as well as a bigger picture approach, and see how we can get this executive order properly implemented because one of the concerns i have as wreef, you know, still gotten in over two and a half years into administration now, we still continue to seek slow job growth. today's numbers showed a dramatic decline from the numbers that just came out in may, and the increase in unemployment yet again, and frankly when i talk to employers not only throughout southeast louisiana, but big employers all over the country, they tell you about the limitations and the inability to create jobs and impediments to job creation is the limitations that have nothing to do with protecting people or the environment, but about agendas driven by bureaucrats in washington

those authorities are moving to the ftc. >> let me ask another show of hands, and this is on the basic question of whether or how many of you in this room will actually reduce your use of swaps as a result of dodd-frank. anyone, any show of hands? mabey the concerns are being expressed in the media are perhaps overstated. >> i think that -- i think we've got a lot to do at the cftc but we are committed that we need to move in this market to be safe. we get a lot of flexibility from congress to save the implementation and the cost and lower risk, but also the way is on the goal that end-users and what's usually called the byside, pension funds and asset managers and so forth continue to be able to hedge complex risks and standard risk and to get more transparency and benefit from markets that are opening competitive and transparent. i think that is core of dodd-frank and learning risk of the big financial when institutions so that they use on their standard transaction the benefits of what is called the central clearing. that's the goal we are committed to. >> let me ask a personal ques