ms. hicks go ahead. >> guest: what ruth is large part isn data privacy and with experian being hooked up with banks and things and they're sharing information, so that's a totally different issue entirely. but yes, when you do apply for a credit card orr is a hard inquiy on your account. what ruth is talking about data privacy, you know, we could get into on another call in another day. >> host:ho this is a view of a tweeter who ask how much is average american pay in late fees compared to finance charges? >> guest: again, americans as a whole are spending $12 billion a year on credit card late fees, and about 42 million americans last year admitted to actually missing a payment. that could mean because of anything. auto pay wasn't set up, you silva forgot. it's not that people don't want to paint and also not because the cfpb wants to eliminate late fees altogether. it's a myriad of things. people are paying a lot, $12 billion in late fees. >> host: from that in pennsylvania, go ahead. >> call

host: ms. hicks, anything to that?uest: i guess just going back to the other comment trying to -- credit card fees to student debt, the same debt -- they are two different avenues and aspects. there are predatory practices in student lending land and i also -- there are also credit -- predatory practices in credit card fees. to mesh those two together, predatory practices is any financial set up that puts consumers last and industry first is just wrong. host: tas a comment about the cfpb's proposal coming from thit union national association, their preside saying their association strongly opposesropol as any reduction in late fees safe harbor will have a significant negative impact on small commbasecredit unions. it clearly warrants the review of a small panel and it is irresponsible to bypass the statutory regulations which was designed to calculate the impact on small entities. our credit unions going to be affected disproportionately or do they take a different approach when it comes to late fees? guest: it depends

host: ms. hicks, anything to that?: i guess just going back to the other comment trying to -- credit card fees to student debt, the same debt -- they are two different avenues and aspects. there are predatory practices in student lending land and i also -- there are also credit -- predatory practices in credit card fees. to mesh those two together, predatory practices is any financial set up that puts consumers last and industry first is just wrong. host: there was aomment about thcredit union nationaling from association, theside saying their association strongoseshe proposal as any reduction in late fees safe harbor will have a significant negative impact on small commity-based credit unions. it clearly warrants the review of a small panel and it is irresponsible to bypass the statutory regulations which was designed to calculate the impact on small entities. our credit unions going to be affected disproportionately or do they take a different approach when it comes to late fees? guest: it depends to -- on credit car

ms. hicks thanks for your time today. >> guest: into so much for having me. >> host: white house reporter from the hill newspaper joint as the assume this morning. brett sandals good morning to you. >> guest: how are you? , a story in the hill and what we don't know about the latest objects shot downt on the u.s. after that briefing at the white house yesterday. what dous we know and what don't we know? >> guest: so the reality is there still a lot we don't know and that officials don't know and are not quite ready to share yet with the public. what we do know is that there were three different objects shot down over the weekend, friday, saturday and sunday by the u.s. military. what we know it's not much be on that other thanth where they wee shot down, which is on friday over alaska, saturday up in canada, and sunday over lake her on. so beyond h that officials are t ready to classified or described what these objects wereer beyond just calling them aerial objects. plus they said the reason h