Video & Transcript Research : 'consumer fraud'

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FL

Florida 2026 Regular Session

Commerce and Tourism Mar 10th, 2025

Commerce and Tourism

Transcript Highlights:
  • Thank you very much. ...which consumers largely dismissed due to their ubiquity.
  • This carries those changes to the laws governing home and consumer good warranties.
  • We are a nonprofit, nonpartisan taxpayer advocacy and consumer watch organization.
  • However, the case caused significant harms to consumers and businesses in Florida.
  • , threatening both the industry and the consumers it aims to protect.
Summary: The committee first took up SB 702, as amended by a strike-all amendment on digital content provenance and authenticity. Senator Burgess said the bill would require generative AI providers to add provenance data to content wholly generated by AI, allow provenance tags on AI-modified images, require social media platforms to retain and display provenance data in an accessible format, and apply content credentials to online election advertisements. He also described a two-year pilot program for the Division of Emergency Management to test provenance data in emergency communications, and said the bill would be enforced only by the Attorney General with no private right of action. Supporters from Microsoft and Adobe waived in support, while TechNet and the James Madison Institute raised concerns about broad definitions, implementation burdens, and the possibility that the rules could be easily circumvented. The committee adopted the amendment and then reported CS for SB 702 favorably. The committee next considered CS for SB 282 on home and service warranty association financial requirements, which would allow extended warranty companies to use multiple insurance policies to back obligations and let companies with a $100 million net worth satisfy proof requirements through SEC filings or an audited financial statement. The Florida Service Agreement Association supported the bill, and the committee reported it favorably. The committee also passed CS for SB 678, which allows pawnbroker transaction forms to be printed or digital; the Florida Pawnbrokers Association and a business representative supported the change, the amendment was adopted, and the bill was reported favorably. The committee then heard SB 1132, the Portable Wireless Device Repair Act, which would require manufacturers to provide diagnostic tools, repair information, and parts to owners and independent repair providers, and would also extend right-to-repair concepts to agricultural equipment through an amendment. Supporters argued the bill would expand consumer choice and repair access, while opponents including TechNet, the Repair Done Right Coalition, the James Madison Institute, and the Taxpayers Protection Alliance warned about privacy, cybersecurity, trade secret, safety, and compliance concerns. After debate, the committee reported CS for SB 1132 favorably. Finally, the committee took up SB 676, which would create a framework for employees to knowingly and voluntarily waive the Florida minimum wage in certain internship, apprenticeship, and work-study settings, with a parent or guardian sign-off for minors. The sponsor said the bill was intended to expand job training and first-job opportunities for young people and others seeking experience, but multiple speakers and senators argued it conflicted with the Florida Constitution and existing case law, could be exploited by employers, and would undermine the voter-approved minimum wage. The committee continued extensive debate on the bill, with strong opposition testimony and questions about constitutionality, definitions, and enforcement.
CO

Colorado 2026 Regular Session

Colorado House 2026 Legislative Day 118 May 12th, 2026

Colorado House Floor Meeting

Transcript Highlights:
  • One member who represents consumers. D.
  • E. consumers or individuals with experience in wildfire mitigation.
  • E. consumers or individuals with experience in wildfire mitigation.
  • That cost will be spread out and go down to the consumers every single time.
  • Consumers, individuals, they can't.
Keywords: 981, all
MN

Minnesota 2025 1st Special Session

House Commerce Finance and Policy Committee 2/25/25

Commerce Finance and Policy

Transcript Highlights:
  • Consumers can go to a bar and they can get, you know, a wider array of alcoholic beverage products.
  • onsite, you remove that from the premises, and it's consumed elsewhere.
  • The consumer needs to know what they get, what they’re getting.
  • Primarily, we want to make sure that what the public is consuming is safe.
  • We want the public to know what they're consuming.
Keywords: 1183, house
AZ

Arizona 2026 Regular Session

06/12/2026 - House Floor Session

Arizona House Floor Meeting

Transcript Highlights:
  • designed to prevent voter impersonation and fraud.
  • . ...rate of denial that there was no election fraud.
  • There is no evidence of widespread voter fraud.
  • There is no evidence of widespread voter fraud in Arizona.
  • You used the term fraud, waste, and abuse.
Keywords: 1182, all
CA

California 2025-2026 Regular Session

Assembly Floor Session May 28th, 2026

California House Floor Meeting

Transcript Highlights:
  • California has led the nation before on privacy and consumer protection.
  • And I think we need to make sure that every consumer is protected.
  • Let me say that again: it's a consumer protection program.
  • program is funded for consumers. $60 a year so that they can then make sure this consumer protection
  • program is funded for consumers.
Keywords: 988, house, all
Summary: The Assembly convened in Sacramento, established a quorum, offered a prayer and pledge, and then moved through the daily file with several procedural motions, including moving AB 1566 to the inactive file and removing SCR 177 from the consent calendar. The chamber then took up a series of bills, mostly on third reading, with many measures described by authors as support bills and passing with little or no opposition. Among the early items, AB 2257 on county jail accountability was presented but the call was moved before a recorded result was announced in the excerpt; AB 2529 on claims against public agencies passed 41-2; AB 2689 on affordable housing management passed 49-0; AB 1722 on fish and wildlife passed 51-0; AB 2071 on digital wellness instruction passed 54-0; AB 1976 on pedestrian and bicycle safety passed 42-17; AB 2012 on manufactured home transport passed 57-0; AB 2139 on surplus land and an Inland Empire soccer project passed 58-1; AB 1548 creating a Monterey Bay stewardship authority passed after the call was moved; AB 1707 allowing online electrician license renewal passed 60-0; AB 2105 on navigation app impacts passed 44-14; and AB 2051 on coastal resiliency permitting passed 46-6. The floor also approved a number of other measures with broad bipartisan support, including AB 2074 on streamlined housing development in transit-rich downtowns (55-5), AB 2129 on Cal Fire firefighter compensation (57-1), AB 2279 on communications (16-0), AB 2282 allowing Del Puerto Health Care District to provide emergency care in rural Patterson-area communities (64-0), AB 2316 extending school facilities hardship relief to charter schools (59-0), AB 2337 adding theft by a peace officer under color of authority to serious misconduct (68-0), AB 2374 creating a state designation for AANHPI-serving institutions (47-14), AB 2464 on energy (67-0), AB 2537 on cannabis (62-0), AB 2562 requiring suicide prevention plans at alcohol and drug treatment facilities (62-0), AB 2667 on vape products (62-0), and AB 2727 raising the threshold for elderly parole review for violent sex offenses (66-0). AB 1958, which clarifies procedures under the California Racial Justice Act, was taken up later and the author said he would accept Senate amendments, but the excerpt cuts off before the final vote is shown. AB 2313, allowing customers with planned gas service line replacements to opt into electrification, drew debate over cost shifts and equity concerns before passing 41-21. The most extensive debate centered on AB 1709, which would set a minimum age of 16 for accounts on social media platforms using addictive features and create an e-safety commission. The author and supporters from both parties framed the bill as a child-safety measure responding to research on anxiety, depression, sleep disruption, and other harms, while also emphasizing protections for vulnerable youth and the need for age verification and ongoing oversight. Several members raised concerns about preserving access for LGBTQ youth, isolated rural youth, and others who rely on online spaces, but said they trusted the author’s approach and the commission structure. The bill drew strong bipartisan support in floor speeches from members who described it as necessary to protect children from addictive platform design, and the excerpt ends amid that debate without showing the final vote on AB 1709.
NM

New Mexico 2026 Regular Session

House - Health and Human Services Feb 7th, 2026 at 09:05 am

House Health & Human Services

Transcript Highlights:
  • the Centers for Medicare and Medicaid came up with these specific G codes so that there would not be fraud
  • select MCOs to be contracted as Medicaid providers so that we make sure that they also watch over fraud
  • I am the Executive Director of Health Action New Mexico, a consumer health advocacy organization.
Keywords: 996, all
CA

California 2025-2026 Regular Session

Assembly Elections Committee Apr 30th, 2025

Elections

Transcript Highlights:
  • It's a time-consuming, labor-intensive process that the taxpayers have to pay for, even when initiatives
  • Moreover, the bill lacks adequate protections against fraud.
  • This bill raises significant concerns and questions about security, fraud, and implementation costs without
Keywords: 988, house, all
MN
Transcript Highlights:
  • <00:36:06.839> by the metals and materials consumed by the metals and materials consumed by
  • business's access to Capital and consume business's access to Capital and consume substantial<00
  • If built, the planned data centers for Minnesota could consume as much electricity as all 2.3 million
  • If built, the planned data centers for Minnesota could consume as much electricity as all 2.3 million
  • If built, the planned data centers for Minnesota could consume as much electricity as all 2.3 million
Keywords: 1183, house
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Labor and Workforce Development Jun 21st, 2026 at 11:00 am

Joint Committee on Labor and Workforce Development

Transcript Highlights:
  • Now moving back to a virtual testimony, Chi Chi-Chi Wu, Senior Attorney at the National Consumer Law
  • Chi Chi Wu, a senior attorney at the National Consumer Law Center.
  • The Federal Trade Commission found that 21% of consumers had verified errors in their credit reports,
  • Study after study has documented how, as a group, Black and Latino consumers have lower credit scores
  • As well as very high insurance premiums that have to be passed on to the consumer.
Keywords: 995, all
Summary: The Joint Committee on Labor and Workforce Development held a hybrid hearing on a large group of bills carried over from the previous session, with Chair Jake Oliveira and House Co-Chair Paul McMurtry outlining the process and limiting testimony to three minutes. The committee heard testimony on several labor and workplace proposals, including bills to harmonize employee definitions to address misclassification (SB 1338/HB 2141), expand bereavement leave (including H. 2189/S. 1354 and related bills), protect collective bargaining rights for certain administrative employees (HB 268/SB 1306), expand commuter transit benefits (HB 2153/SB 1345), regulate employer use of credit reports (S. 1286), and require apprenticeship participation or OSHA-related workplace safety measures on public projects. At the end of the hearing, the chairs read into the record additional bills that did not receive testimony that day. Supporters of the misclassification bill, including Greater Boston Legal Services and the AFL-CIO, said aligning the employee-status tests across wage, unemployment, and PFML laws would reduce confusion, improve enforcement, and help workers wrongly treated as independent contractors or managers recover benefits and bargaining rights. NAGE and its representative argued that public-sector employees have been improperly reclassified into management titles to weaken unions, and that the bill would force the Division of Labor Relations to review those titles. On bereavement leave, advocates including the Louis E. Brown Peace Institute, a state representative, the Massachusetts Office for Victim Assistance, and individual survivors described the impact of sudden loss and homicide on families, saying guaranteed leave would help workers grieve, make arrangements, and avoid losing jobs or custody-related stability. The committee also heard support for commuter benefits as a low-cost way to reduce emissions and increase transit use, and for restricting employer credit checks because of inaccuracies and discriminatory effects. There was opposition to some construction-related bills. The Associated Builders and Contractors and the Building Trades Employers Association supported apprenticeship training in principle but said current apprentice-to-journeyworker ratios are outdated or misunderstood, and that the bills should be amended or clarified before advancing. The Massachusetts landscape and snow-removal industry strongly supported a snow-liability limitation bill, arguing that hold-harmless clauses and broad indemnification requirements force contractors to assume liability for conditions they cannot control, drive up insurance costs, and threaten business viability. The committee did not take any votes during the hearing, and the session ended with the chairs thanking members, staff, and the public before adjourning.
AZ
Transcript Highlights:
  • Leader: Is the fraud rate in the ESA program 20%? Can we learn that this week?
  • Leader: Is the fraud rate in the ESA program 20%? Can we learn that this week?
  • The fraud rate, with a sample of 383,000 polls of spending, was 20%, meaning 20% of those 383,000 purchases
  • Madam Chair, members, House Bill 2113 requires the director of the Residential Utility Consumer Office
Keywords: 1182, all
Summary: The caucus reviewed a long calendar of House bills across education, health, water, land, housing, labor, public safety, and taxation. Several measures dealt with artificial intelligence, including bills on AI disclosures for minors, AI-assisted divorce arbitration, an Arizona AI education program, AI privilege protections, and a required AI course in schools. Other topics included ESA administration funding, a prohibition on public money for certain foreign-controlled genetic sequencing devices, towing regulations, DUI and ignition interlock changes, health facility and nursing facility complaint timelines, internationally trained physicians, nurse anesthetist reimbursement, pharmacy penalties, childhood cancer research, cybersecurity encryption, school mental health instruction repeal, superintendent performance pay, adoption disclosures in student health settings, anti-Semitism in schools, and a range of water, land, and housing bills. Members frequently raised concerns about local control, unfunded mandates, constitutional issues, and the scope of state intervention. Several bills drew criticism for affecting school curriculum, public education, reproductive rights, protest activity, or tribal communities. Others were supported as technical fixes, consumer protections, or funding measures. The caucus also discussed a series of bills related to the Mexican gray wolf, state land management, solar and wind siting, groundwater transport, and rural development, with some members objecting that the proposals would undermine federal protections or tribal interests. A number of bills were pulled from consent for further discussion, including HB 2020, HB 2957, HCR 2044, HB 2352, HB 2667, HB 2906, HB 2093, HB 2386, HB 2481, HB 2830, HB 2076, HB 2411, HB 2136, HB 2665, and HB 2904. The meeting ended with an announcement of the Latino Caucus guest presentation and an emotional tribute to Reverend Jesse Jackson, followed by presentation of an Affordability Award to Representatives Lorena Austin and Stephanie Simacek for work on economic justice and working families. The caucus then adjourned.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Monday, September 15, 2025)

US Federal House Floor Meeting

Transcript Highlights:
  • such time as I may consume. such time as I may consume.
  • I may consume. I may consume.
  • I may consume. I may consume.
  • I may consume. I may consume.
  • I may consume. I may consume.
CA

California 2025-2026 Regular Session

Assembly Education Committee Apr 30th, 2025

Education

Transcript Highlights:
  • Which is a bill that seeks to strengthen accountability and oversight to crack down on documented fraud
  • This type of fraud is, goes far beyond just the A3 charter.
  • This bill is proposing the solution for this documented fraud.
  • Christopher Sanchez on behalf of the Consumer Federation of California in strong support.
  • A big element of the fraud was district complicity in the fraud.
Keywords: 988, house, all
NH

New Hampshire 2025 Regular Session

House Ways and Means (01/22/2025)

Transcript Highlights:
  • <00:14:14.000> than<00:14:14.160> for vaping uh for consumers than for vaping uh for
  • consumers than for cigarettes<00:14:15.360> another<00:14:15.720> reason<00:14:16.440>
  • decline of more than 21% of consumers decline of more than 21% of consumers shift<01:04:14.279><
  • I, as a small business owner, see larger businesses around me getting away with fraud.
  • <01:13:21.480> to bottom is there a way for a consumer to bottom is there a way for a consumer
Keywords: 928, house, all
Summary: The public hearing focused on HB 290, which would raise cigarette and e-cigarette/vaping taxes and create a committee to study tobacco and nicotine tax policy. Representative Jerry Stringham introduced the bill as both a public health and revenue measure, arguing that nicotine use causes health harms and public costs, and that New Hampshire’s cigarette tax has been unchanged at $1.78 per pack since 2013. He said the bill would raise the cigarette tax by $1 per pack to $2.78, still below most New England states, and would also adjust vaping taxes, which he described as having been set as placeholder rates in 2019. He said the bill would also establish a study committee to review broader tobacco and nicotine taxation, including products such as premium cigars. In response to questions, Stringham said the proposed cigarette tax would be roughly equal in real dollars to the 2008 rate after inflation, and he suggested that a smaller annual increase could be considered, though he believed a larger increase would have a stronger public health effect. He explained that the vaping tax structure differs between closed and open systems because one taxes a fixed hardware product while the other taxes reusable liquid, and he said the proposal would move the rates toward a more uniform approach. He also said New Hampshire would remain below neighboring states even after the increase, though members raised concerns about cross-border shopping, business impacts, and preserving the state’s competitive advantage. Several members questioned whether the bill’s main purpose was revenue or reducing smoking and vaping. Stringham said he viewed it primarily as a public health bill, but also as a revenue measure, and said he would consider it successful even if consumption fell enough to reduce revenue. Other members emphasized personal freedom and argued the committee should focus on taxation rather than cessation, while some supported the bill as a way to capture revenue from out-of-state buyers and keep New Hampshire’s rates below surrounding states. The hearing consisted of testimony and questions only; no vote or final action was taken in the excerpt provided.
MN

Minnesota 2025-2026 Regular Session

House State Government Finance and Policy Committee 2/13/25 - Part 1

State Government Finance and Policy

Transcript Highlights:
  • It's just like when you empower them and they start thinking and looking, hopefully they'll catch fraud
  • they'll catch fraud waste and abuse<00:05:16.840> but<00:05:17.120> this<00:05:17.280>
  • through audits and other things, where there's maybe been an increase of, uh, you know, the waste, fraud
  • /c><00:11:08.160> know<00:11:08.240> the<00:11:08.360> waste<00:11:08.600> Fraud
  • and Abuse uh uh you know the waste Fraud and Abuse uh has<00:11:10.760> gone<00:11:11.079>
Keywords: 1183, house
TX

Texas 89th Regular

State Affairs Apr 7th, 2025

State Affairs

Transcript Highlights:
  • . know how much fat has been consumed.
  • So, most consumers have no idea what they're actually consuming.
  • at our youth consumers.
  • you don't have a consumer anyway.
  • So, non-consumables versus consumables, hemp producers were about a 70-30 split.
Bills: HB28, SB3, SB 3
FL

Florida 2026 4th Special Session

February 10, 2026 - 09:00 AM

Transcript Highlights:
  • It's not a matter of consumer preference because I am a gun guy, and every consumer firearm I know has
  • The situation we are talking about is when the consumer makes a choice.
  • This bill very clearly just states if you are a consumer, and as Senator Leek made that statement, if
  • you are a consumer and make a consumer choice, great.
  • If there is fraud, if there's some criminality, that can be dealt with but this is not.
TX

Texas 89th 2nd C.S.

89th Legislative Session Apr 8th, 2025

Texas House Floor Meeting

Transcript Highlights:
  • should include public interest advocates, folks with a track record of fighting for transparency for consumers
  • perfecting amendment on page 3, line 13 between agency and the period we're inserting the words to reduce fraud
  • they would undertake a cost-benefit analysis and they would make sure that this works for all the consumers
  • Which certainly works, works in some ways, but there may be better ways to do this for all of the consumers
TX

Texas 89th Regular

Senate Session May 29th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • Online fraud or intellectual property theft.
  • This ensures that consumers are getting accurate estimates before they start.
  • Additionally, it requires clear consumer disclosures about the risks associated with virtual currency
  • standards have added logistical complexity and increased costs that are ultimately passed on to consumers
  • Texas fuel regulations with nationally recognized standards to streamline implementation and support consumer
Bills: SJR5, SJR27, SB4, SB6, SB7, SB9, SB13, SB15, SB23, SB27, SB30, SB40, SB57, SB66, SB140, SB268, SB293, SB331, SB413, SB437, SB447, SB457, SB467, SB506, SB510, SB512, SB568, SB571, SB650, SB710, SB763, SB785, SB800, SB850, SB863, SB865, SB904, SB905, SB973, SB974, SB1191, SB1281, SB1300, SB1362, SB1494, SB1504, SB1522, SB1540, SB1567, SB1579, SB1580, SB1610, SB1660, SB1723, SB1760, SB1838, SB1923, SB1946, SB1957, SB1964, SB2018, SB2024, SB2121, SB2167, SB2217, SB2221, SB2321, SB2337, SB2368, SB2373, SB2407, SB2431, SB2477, SB2587, SB2615, SB2753, SB2807, SB2900, SB2965, SB2972, SB2986, SB3039, SB3047, SB3059, SB3070, SB1, SB8, SB12, SB13, SB15, SB17, SB21, SB30, SB37, SB260, SB268, SB331, SB379, SB441, SB447, SB457, SB509, SB650, SB763, SB1198, SB1405, SB1506, SB1566, SB1610, SB1637, SB1660, SB1833, SB2018, SB2024, SB2155, SB2217, SB2308, SB2337, SB2601, SB2753, SB2778, SB2878, SB2900, SB3059, HB4, HB145, HB300, HB493, HB2011, HB2067, HB2516, HB2525, HB2885, HB2974, HB3071, HB3372, HB3595, HB5138, HB5246, HB796, HB1523, HB5294, HB748, HB3395, HB180, HB3171, HB4690, HB146, HB5596, HB5694, HB1135, HB3225, HB186, HB1449, HB3793, HB112, HB104, HB4233, HB1094, HB3336, HB3520, HB3320, HB5663, HB2731, HB2399, HB111, HB3483, HB4580, HB3748, HB632, HB4730, HB127, HB5690, HB5689, HB3385, HB4359, HB5381, HB20, HB123, HB549, HB5606, HB2594, HB1057, HB3664, HCR141, HCR40, HCR59, SJR36, SJR50, SJR63, SCR12, SCR39, SB2023, SB62, SB666, SB847, SB284, SB854, SB810, SB1505, SB583, SB507, SB1434, SB1772, SB2016, SB1122, SB731, SB397, SB508, SB1436, SB287, SB1882, SB393, SB1791, SB209, SB2429, SB1085, SB1975, SB2717, SB1262, SB636, SB2056, SB884, SB1200, SB1845, SB2458, SB801, SB3014, SB3013, SB758, SB2797, SB2076, SB2876, SB1640, SB1449, SB1181, SB1234, SB2926, SB2841, SB1528, SB1854, SB317, SB1250, SB2082, SB1237, SB2819, SB629, SB2608, SB1602, SB2009, SB867, SB640, SB1698, SB2680, SB913, SB1071, SB1086, SB1087, SB1483, SB1444, SB1553, SB1556, SB1703, SB2133, SB2297, SB2298, SB2622, SB2955, SB2334, SB1367, SB2044, SB2363, SB2565, SB1888, SB3036, SB3057, SB3043, SB3063, SB3035, SB203, SB2688, SB2522, SB2459, SB2655, SB2251, SB1884, SB2928, SB2566, SB2549, SB2553, SB2919, SB1944, SB1232, SB1798, SB2603, SB2607, SB2683, SB1319, SB3045, SB3071, HB20, HB127, HB549, HB1094, HB2594, HB2731, HB4233, HB4690, SR625, HCR167, SJR5, SB4, SB6, SB9, SB23, SB40, SB13, SB15, SB30, SB268, SB331, SB447, SB457, SB568, SB650, SB763, SB1540, SB1610, SB1660, SB2018, SB2024, SB2217, SB2337, SB2753, SB2900, SB2972, SB3059, HB4, HB145, HB493, HB2067, HB2516, HB2885, HB2974, HB3071, HB3372, HB3556, HB3595, HB5138
MN

Minnesota 2025 1st Special Session

House Agriculture Finance and Policy Committee 2/10/25

Agriculture Finance and Policy

Transcript Highlights:
  • It does have some in Grey Cloud Island Township, but I have a lot of consumers, and, you know, what I
  • And, you know, I think those are looking at the consumer side as well as the production side is really
  • uh and you know what I lot of consumers uh and you know what I hear<00:02:16.319> from<00:02:
  • side as well as the the consumer side as well as the production<00:02:29.319> side<00:02:29.519
  • So setting up a system to make sure that kind of fraud isn’t perpetrated is key.
Keywords: 1183, house
Summary: The House Agriculture Finance and Policy Committee held an introductory meeting that began with housekeeping, a correction to the committee rules (the room number should be G3, not G35), and member and staff introductions. Members described their districts, agricultural ties, and priorities for the session, including consumer food costs, urban agriculture, farm economics, livestock disease preparedness, and support for Minnesota’s agricultural sectors. No votes were taken during the introductory portion. The committee then turned to sustainable aviation fuel (SAF). Deputy Commissioner Andrea Veble of the Minnesota Department of Agriculture said the Walz administration strongly supports SAF because of its potential for agriculture, forestry, and clean energy, and reviewed Minnesota’s 2023 SAF tax credit and related sales tax exemption. She said the state has feedstocks and should continue investing so Minnesota can attract SAF production and support rural jobs. Jeff Davidman of Delta Airlines testified that aviation is difficult to decarbonize and that SAF is the airline industry’s main path to net zero by 2050; he cited current use of SAF, the need to scale production, and Minnesota’s role in supplying feedstocks and hosting future production. Peter Frost of Greater MSP described the Minnesota SAF Hub as a public-private partnership aimed at building the full SAF value chain in Minnesota. He emphasized that Greater MSP is coordinating investors and partners to grow the regional economy and said the SAF effort is intended to create jobs and economic development. Committee members did not ask questions during the portion captured, and no formal action or vote was recorded on the SAF presentations in this transcript excerpt.