Chris Van Hollen

I mean those are the options. Can you talk a little bit about what's going to happen to homeowners in coastal communities?

Right. And Ms. Watkins just to follow-up on this conversation, it seems that there are actually three possibilities here...

It's not to scare anybody, but it's to make sure people understand the reality that when you have a climate crisis...

This decision makes it harder for the agency to ensure the protections in this law cover how many scam artists now use technology.

The TCPA's definition of 'automatic telephone dialing system' has been unaltered since 1991.

Congress could update the Telephone Consumer Protection Act.

I think the FCC has made dramatic strides in improving the system by creating that feedback loop.

Let me turn quickly to the question of robocalls. And we are obviously going to do another round of questions for any members who are interested.

We need to get this done in the coming weeks because it is hurting all of us.

I say, amen, to everything you said, both in terms of making sure that those companies that have already paid for their spectrum should get it.

This would obviously be a huge blow to our effort to really connect people, because physical connection is important, but if you can't afford it, it doesn't do you much good.

We must, of course, not only connect students to broadband but every American household and small business, no matter where they live--in rural, suburban, and urban areas.

Thanks to the passage of the Infrastructure Modernization Bill, we are well on our way to connecting them.

But don't you think that any company should be able to, with their own money, pay somebody for proxy advice which they can take or leave without anyone trying to pass a law or regulation to prevent them from using their own money in that…

Well, thank you. We hope we can work with you to get ahead of them as much as possible.

I just want to express my thanks to you and your team at the SEC, for being important cops on the beat.

It is critical that the Commission have the flexibility to pursue bad actors in our capital markets, like FTX.

I was pleased to team up with Senator Kennedy, also a Member of this Committee, to require that all companies that are listed on U.S. exchanges comply with the same auditing standards that apply to U.S. companies.

Senator Kennedy and I also hope to ensure that Chinese companies that trade on our exchanges, and all foreign public companies trading on our exchanges are held to the same insider trading disclosure rules as U.S. companies.

I also want to take this opportunity to thank the Vice Chair of the Full Committee, Senator Collins, for working with the Chair, Senator Murray, to create the framework that allows us to proceed and conduct our business.

This meeting of the Senate Appropriations Committee's Subcommittee on Financial Services and General Government will come to order.

I would like to begin by thanking our Ranking Member, Senator Hagerty, and the Members of the subcommittee for their input and work in getting the FSGG Appropriations Bill through our subcommittee and through the Full Committee last week.

I am hoping that you would agree that all economists would agree that it is a bad idea to default on our debt.

Making sure that folks who, especially very wealthy folks pay their taxes on time is important.

We are asking you to take a look at that when you do that.