Jerry Moran actually said...

"The hearing will come to order. Good afternoon, and welcome to today's hearing on FTC Stakeholder Perspectives: Reform Proposals to Improve Fairness, Innovation, and Consumer Welfare."

"I just would inform the Committee that the full Committee is contemplating hearings mid-October on the topic that we're discussing."

"Insurance fraud is a major concern not only for insurers--who bear the cost of fraudulent claim payouts--but also consumers, who see those costs passed on to them in the form of higher premiums."

"I've seen evidence of this in the crop insurance world where big data can mine information about fraudulent behavior."