It is particularly important that DOT work with automotive manufacturers, suppliers, and technology companies...

I am pleased to be joined today by our Ranking Member, Senator Jack Reed...

It is important to highlight that 94 percent of these crashes are the result of human factors or, simply put, driver error.

I see that, in addition to the safety benefits, and really the two are linked, as being a tremendous advantage.

This technology is so fascinating and moving so quickly, and the fact that it could substantially reduce or perhaps one day even eliminate the 94 percent of crashes that are attributable to human error is truly an astonishing fact.

Will there be deaths? Absolutely, as this technology rolls out.

What is the industry doing to address the cyber security risks of autonomous vehicles?

But should the States even be involved in this area, or should it be left up to the Federal Government so that there is a nationwide standard and approach?

It is clear that the DOT's guidance document needs further refinement to help ensure that automakers are able to bring the safety and mobility benefits of autonomous vehicles into the marketplace.

The potential of the new technology that we're examining today is exciting, cars that drive themselves and avoid accidents.

This hearing will come to order.

You ought to be ashamed of yourself.

What do you tell a family who is looking to add their fourth child to their family and they need to put a put a new bathroom in their house in Ellsworth, Maine, and they can't get a loan because of the regulations?

You should have been trying to do the right thing, Mr. Stumpf, during these 13 settlements, fines, call them what you want, over 6 years totaling $11 billion.

I will not support in any way, shape, or form any kind of bailout using taxpayer money for Wells Fargo.

I just think it's interesting we're already well below your projection or the projection for 2030.

I am hopeful that we can avoid that kind of outcome.

We along with policymakers throughout government and the rest of the intelligence community rely on your agency for ground truth.