WEBVTT - Cliff Notes: The Impact of  Artificial Intelligence on Antitrust and Banking

0:00:00.040 --> 0:00:03.600
<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:00:03.680 --> 0:00:07.480
<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:00:07.720 --> 0:00:11.840
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:00:11.920 --> 0:00:15.840
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:00:15.920 --> 0:00:19.680
<v Speaker 1>some of the heinous migrant criminals caught because of President

0:00:19.720 --> 0:00:23.320
<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

0:00:23.320 --> 0:00:28.120
<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:00:28.160 --> 0:00:31.680
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:00:31.760 --> 0:00:34.960
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:00:35.040 --> 0:00:38.920
<v Speaker 1>are here illegally, your next you will be fined nearly

0:00:39.000 --> 0:00:43.000
<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

0:00:43.040 --> 0:00:46.680
<v Speaker 1>never return. But if you register using our CBP home

0:00:46.720 --> 0:00:50.120
<v Speaker 1>app and leave now, you could be allowed to return legally.

0:00:50.479 --> 0:00:55.240
<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

0:00:55.400 --> 0:00:57.840
<v Speaker 1>border and families will be protected.

0:00:57.920 --> 0:01:00.000
<v Speaker 2>Sponsored by the United States Department of Homeland Security.

0:01:00.240 --> 0:01:04.480
<v Speaker 3>Artificial intelligence is obviously taking over the world, but very

0:01:04.520 --> 0:01:09.319
<v Speaker 3>few people are in power to actually program these these

0:01:09.520 --> 0:01:16.120
<v Speaker 3>these artificial intelligence programs right and consciously or subconsciously, the

0:01:16.240 --> 0:01:20.920
<v Speaker 3>artificial intelligence is getting programmed in the likeness of the

0:01:20.959 --> 0:01:24.679
<v Speaker 3>person that's actually programming it, right, with their ingrained biases,

0:01:24.760 --> 0:01:29.320
<v Speaker 3>with their ingrained opinions. It's just human nature. Very very

0:01:29.360 --> 0:01:32.920
<v Speaker 3>few black people, very few women, very few a variety

0:01:32.959 --> 0:01:37.120
<v Speaker 3>of anybody other than a certain tech group of white

0:01:37.120 --> 0:01:42.399
<v Speaker 3>men are actually in position to shape how artificial intelligence thinks,

0:01:43.000 --> 0:01:45.800
<v Speaker 3>which could be extremely dangerous because if you have three

0:01:45.840 --> 0:01:48.000
<v Speaker 3>percent of the popular one percent of the population that's

0:01:48.040 --> 0:01:52.080
<v Speaker 3>programming one hundred percent of artificial intelligence, the artificial intelligence

0:01:52.120 --> 0:01:54.040
<v Speaker 3>is going to think just like the one percent of

0:01:54.080 --> 0:01:58.200
<v Speaker 3>the programmers, and they're going to have, like I said, biases.

0:01:58.560 --> 0:02:02.160
<v Speaker 3>So now you have artific visual intelligence that's racist, that

0:02:02.240 --> 0:02:06.080
<v Speaker 3>has biased based on the programming that has been done.

0:02:06.480 --> 0:02:10.440
<v Speaker 3>So are you guys thinking about that, and if so,

0:02:11.280 --> 0:02:15.520
<v Speaker 3>are you having any level of input or are you

0:02:15.919 --> 0:02:20.760
<v Speaker 3>looking to enforce some regulation on the programming of artificial

0:02:20.800 --> 0:02:25.359
<v Speaker 3>intelligence so that it has some level of more diversity

0:02:25.400 --> 0:02:28.200
<v Speaker 3>as far as the computers the way that they're actually

0:02:28.200 --> 0:02:29.000
<v Speaker 3>programmed to think.

0:02:30.160 --> 0:02:34.520
<v Speaker 4>The great question. So the administration has issued an executive

0:02:34.600 --> 0:02:38.799
<v Speaker 4>order on artificial intelligence. There's a lot of factors and

0:02:38.800 --> 0:02:41.880
<v Speaker 4>a lot of planks, but to your point, one of

0:02:41.880 --> 0:02:45.520
<v Speaker 4>the most important aspects of that executive order is that

0:02:45.639 --> 0:02:48.480
<v Speaker 4>AI needs to be safe, and that there needs to

0:02:48.480 --> 0:02:51.639
<v Speaker 4>be testing, and that it should be free of those

0:02:51.720 --> 0:02:55.640
<v Speaker 4>kinds of biases. But I think that the problem that

0:02:55.680 --> 0:02:59.280
<v Speaker 4>you've just tied up, I think goes back to why

0:02:59.400 --> 0:03:03.720
<v Speaker 4>anti tryus is so important. Anti trust is about the

0:03:03.800 --> 0:03:09.760
<v Speaker 4>dispersion of economic opportunity. It's about removing structural barriers to

0:03:09.880 --> 0:03:13.680
<v Speaker 4>economic opportunity. And the very fact that a small number

0:03:13.919 --> 0:03:18.880
<v Speaker 4>of people, whoever they are, can control the market experiences

0:03:19.080 --> 0:03:23.399
<v Speaker 4>of potentially hundreds of millions of Americans and people globally

0:03:24.240 --> 0:03:27.360
<v Speaker 4>is just like right on the nose about what anti

0:03:27.400 --> 0:03:30.200
<v Speaker 4>trust is intended to enforce. And so to me, it

0:03:30.320 --> 0:03:35.400
<v Speaker 4>sets up a choice between two paradigms. One is trying

0:03:35.440 --> 0:03:41.080
<v Speaker 4>to fix flawed inputs, trying to make sure that you

0:03:41.120 --> 0:03:44.880
<v Speaker 4>know data sets, and the objective function of some of

0:03:44.920 --> 0:03:50.240
<v Speaker 4>these algorithms is you know, doesn't offend law and policy

0:03:50.280 --> 0:03:53.080
<v Speaker 4>for good reason, And there's some people who favor that

0:03:53.520 --> 0:03:56.760
<v Speaker 4>as an anti trust enforcer. I'm thinking about the entire

0:03:56.880 --> 0:04:01.720
<v Speaker 4>power problem, and so to me, I would not want

0:04:02.320 --> 0:04:06.840
<v Speaker 4>one company, a small number of companies to have such

0:04:06.880 --> 0:04:12.760
<v Speaker 4>outsize power, and so I favor structural approaches, which is

0:04:12.800 --> 0:04:15.640
<v Speaker 4>to say, making sure that there isn't that kind of

0:04:15.720 --> 0:04:20.360
<v Speaker 4>power in the first instance over AI. And again that

0:04:20.560 --> 0:04:24.120
<v Speaker 4>is consistent with the anti monopoly tradition in this country

0:04:24.200 --> 0:04:26.560
<v Speaker 4>and the spirit of the anti trust laws. Right like,

0:04:26.600 --> 0:04:30.200
<v Speaker 4>our first anti trust law is called the Sherman Act,

0:04:30.360 --> 0:04:35.480
<v Speaker 4>and Senator John Sherman makes these impassion pleas on the

0:04:35.520 --> 0:04:39.159
<v Speaker 4>floor of the Senate in eighteen ninety and he says

0:04:39.560 --> 0:04:43.000
<v Speaker 4>that this stuff is antithetical to our form of government,

0:04:43.200 --> 0:04:48.000
<v Speaker 4>that if we wouldn't endure an emperor, we shouldn't endure

0:04:48.080 --> 0:04:50.680
<v Speaker 4>the autocrats of trade. And I think that that's really

0:04:51.320 --> 0:04:55.800
<v Speaker 4>resonant now, right Like, we think about the dominance of

0:04:55.839 --> 0:05:00.320
<v Speaker 4>these companies and how four men, you know, maybe a

0:05:00.320 --> 0:05:04.919
<v Speaker 4>few others are again having outsized control of every aspect

0:05:05.000 --> 0:05:07.359
<v Speaker 4>of American life, and I don't believe it can be

0:05:07.520 --> 0:05:12.200
<v Speaker 4>justified on legal, any trust grounds, or just basic notions

0:05:12.400 --> 0:05:15.360
<v Speaker 4>of the foundations for democracy.

0:05:17.160 --> 0:05:21.280
<v Speaker 5>Any thoughts on what could be done to help black

0:05:21.320 --> 0:05:24.160
<v Speaker 5>owned banks close the gap between how many of us

0:05:24.560 --> 0:05:29.280
<v Speaker 5>are doing business with them versus their counterparts like JP Morgan,

0:05:29.360 --> 0:05:30.520
<v Speaker 5>Bank of America, et cetera.

0:05:31.640 --> 0:05:38.240
<v Speaker 4>Sure, so banks are special financial institutions and there's actually

0:05:38.800 --> 0:05:41.839
<v Speaker 4>a long history of how anti trust has been concerned

0:05:41.880 --> 0:05:47.560
<v Speaker 4>about the financiers in consolidating important industries. At the Any

0:05:47.560 --> 0:05:52.360
<v Speaker 4>Trust Division, we are thinking about bank merger policy because

0:05:52.360 --> 0:05:56.560
<v Speaker 4>we know that forty nine percent of all black households

0:05:56.640 --> 0:06:00.240
<v Speaker 4>in America are actually under banked, compared to just fifen

0:06:00.320 --> 0:06:03.679
<v Speaker 4>percent of White America ernerds.

0:06:03.720 --> 0:06:05.839
<v Speaker 6>What's up? You ever walk into a small business and

0:06:05.880 --> 0:06:09.400
<v Speaker 6>everything just works like the checkout is fast, the receipts

0:06:09.400 --> 0:06:12.919
<v Speaker 6>are digital, tipping is a breeze, and you're out the

0:06:12.960 --> 0:06:17.080
<v Speaker 6>door before the line even builds. Odds are they're using Square.

0:06:17.560 --> 0:06:20.159
<v Speaker 6>We love supporting businesses that run on Square because it

0:06:20.240 --> 0:06:23.200
<v Speaker 6>just feels seamless. Whether it's a local coffee shop, a

0:06:23.320 --> 0:06:25.719
<v Speaker 6>vendor at a pop up market, or even one of

0:06:25.760 --> 0:06:28.880
<v Speaker 6>our merch partners. Square makes it easy for them to

0:06:28.920 --> 0:06:32.760
<v Speaker 6>take payments, manage inventory, and run their business with confidence,

0:06:33.120 --> 0:06:36.440
<v Speaker 6>all from one simple system. If you're a business owner

0:06:36.600 --> 0:06:40.000
<v Speaker 6>or even just thinking about launching something soon, Square is

0:06:40.120 --> 0:06:42.159
<v Speaker 6>hands down one of the best tools out there to

0:06:42.240 --> 0:06:46.280
<v Speaker 6>help you start, run and grow. It's not just about payments,

0:06:46.560 --> 0:06:49.200
<v Speaker 6>it's about giving you time back so you can focus

0:06:49.240 --> 0:06:51.960
<v Speaker 6>on what matters most Ready to see how Square can

0:06:51.960 --> 0:06:56.800
<v Speaker 6>transform your business. Visit Square dot com backslash go backslash

0:06:56.880 --> 0:07:01.039
<v Speaker 6>eyl to learn more that Square dot Com backslash go

0:07:01.480 --> 0:07:05.640
<v Speaker 6>backslash eyl. Don't wait, don't hesitate. Let's Square handle the

0:07:05.720 --> 0:07:10.400
<v Speaker 6>back end so you can keep pushing your vision forward.

0:07:11.840 --> 0:07:14.080
<v Speaker 6>This episode is brought to you by P and C Bank.

0:07:14.480 --> 0:07:17.240
<v Speaker 6>A lot of people think podcasts about work are boring,

0:07:17.440 --> 0:07:21.320
<v Speaker 6>and sure, they definitely can be, but understanding a professional's

0:07:21.400 --> 0:07:24.640
<v Speaker 6>routine shows us how they achieve their success little by little,

0:07:25.000 --> 0:07:28.680
<v Speaker 6>day after day. It's like banking with P and C Bank.

0:07:29.120 --> 0:07:31.960
<v Speaker 6>It might seem boring to save, plan and make calculated

0:07:31.960 --> 0:07:35.080
<v Speaker 6>decisions with your bank, but keeping your money boring is

0:07:35.080 --> 0:07:38.440
<v Speaker 6>what helps you live a more happily fulfilled life. P

0:07:38.520 --> 0:07:43.360
<v Speaker 6>and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly

0:07:43.400 --> 0:07:46.040
<v Speaker 6>Boring since eighteen sixty five is a service mark of

0:07:46.080 --> 0:07:49.320
<v Speaker 6>the PNC Financial Service Group, Inc. P and C Bank

0:07:49.760 --> 0:07:51.920
<v Speaker 6>National Association Member FDIC.

0:07:53.720 --> 0:07:57.400
<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:07:57.400 --> 0:08:02.000
<v Speaker 1>in Massachusetts. An MS thirteen gang from Al Salvador accused

0:08:02.040 --> 0:08:06.080
<v Speaker 1>of murdering a Texas. Man of Venezuelan charged with filming

0:08:06.160 --> 0:08:09.920
<v Speaker 1>and selling child pornography in Michigan. These are just some

0:08:10.080 --> 0:08:13.880
<v Speaker 1>of the heinous migrant criminals caught because of President Donald J.

0:08:13.960 --> 0:08:17.760
<v Speaker 1>Trump's leadership. I'm Christy nom the United States Secretary of

0:08:17.800 --> 0:08:22.600
<v Speaker 1>Homeland Security. Under President Trump, attempted illegal border crossings are

0:08:22.640 --> 0:08:26.000
<v Speaker 1>at the lowest levels ever recorded, and over one hundred

0:08:26.040 --> 0:08:29.920
<v Speaker 1>thousand illegal aliens have been arrested. If you are here illegally,

0:08:30.440 --> 0:08:33.720
<v Speaker 1>your next you will be fine nearly one thousand dollars

0:08:33.800 --> 0:08:37.920
<v Speaker 1>a day, imprisoned and deported, you will never return. But

0:08:38.000 --> 0:08:41.559
<v Speaker 1>if you register using our CBP home app and leave now,

0:08:41.920 --> 0:08:45.000
<v Speaker 1>you could be allowed to return legally. Do what's right,

0:08:45.600 --> 0:08:50.559
<v Speaker 1>leave now. Under President Trump, America's laws border and families

0:08:50.720 --> 0:08:51.560
<v Speaker 1>will be protected.

0:08:51.640 --> 0:08:53.640
<v Speaker 2>Sponsored by the United States Department of Homeland.

0:08:53.400 --> 0:08:56.880
<v Speaker 4>Security, and those statistics are according to the Federal Reserve.

0:08:58.080 --> 0:09:00.760
<v Speaker 4>And black Americans are looking to cost are and offered

0:09:01.280 --> 0:09:07.240
<v Speaker 4>predatory alternatives to banking institutions. And so the other problem

0:09:07.480 --> 0:09:11.760
<v Speaker 4>is that when there's a lot of consolidation of banks,

0:09:11.960 --> 0:09:17.760
<v Speaker 4>they become less sensitive to the needs of communities, which

0:09:17.800 --> 0:09:21.440
<v Speaker 4>ultimately affects the wealth of communities. And so we are

0:09:21.520 --> 0:09:26.840
<v Speaker 4>rethinking our bank merger guidelines to be more lucid to

0:09:27.000 --> 0:09:30.319
<v Speaker 4>all of the ways that bank merger consolidation can really

0:09:30.360 --> 0:09:37.000
<v Speaker 4>harm communities when they are further and further away from communities.

0:09:37.920 --> 0:09:40.160
<v Speaker 4>I should also say that there's a huge role of

0:09:40.280 --> 0:09:45.400
<v Speaker 4>other federal agencies, to include the Federal Reserve, the CFPB,

0:09:46.160 --> 0:09:50.480
<v Speaker 4>the OCC and others who are tasked with thinking about

0:09:50.640 --> 0:09:53.160
<v Speaker 4>all of the non antitrust and all of the non

0:09:53.160 --> 0:09:58.440
<v Speaker 4>competition reasons to either permit bank mergers or not. And

0:09:58.520 --> 0:10:02.319
<v Speaker 4>one of those important factors is convenience and need factors,

0:10:03.160 --> 0:10:08.040
<v Speaker 4>And so I suspect that they will be more focused

0:10:08.120 --> 0:10:13.840
<v Speaker 4>on the needs of communities because the consequences can really

0:10:13.880 --> 0:10:18.560
<v Speaker 4>have awful knock on effects for black business formation, black

0:10:18.600 --> 0:10:21.319
<v Speaker 4>home ownership, you know, and it's not just black people, right.

0:10:21.400 --> 0:10:26.840
<v Speaker 4>There's you know, really harrowing account of how bank consolidation

0:10:27.120 --> 0:10:30.720
<v Speaker 4>has hurt folks all across the country, and how mergers

0:10:30.760 --> 0:10:33.640
<v Speaker 4>have really hollowed out the middle of the country, which

0:10:34.440 --> 0:10:39.880
<v Speaker 4>has a number of social, political, and economic consequences, you know,

0:10:39.960 --> 0:10:41.640
<v Speaker 4>for all of us and and for the health of

0:10:41.640 --> 0:10:42.400
<v Speaker 4>her democracy.

0:10:43.360 --> 0:10:46.600
<v Speaker 7>Yeah, the banking numbers, the statistics are pretty alarming. The

0:10:46.640 --> 0:10:51.120
<v Speaker 7>six largest banks companies have it messed as many assets

0:10:51.120 --> 0:10:54.000
<v Speaker 7>as all other bank holding companies combined. I mean, these

0:10:54.000 --> 0:10:56.600
<v Speaker 7>these numbers are pretty startling. One lessons is that I

0:10:56.600 --> 0:10:58.920
<v Speaker 7>want to regiate the one United the largest black home

0:10:58.920 --> 0:11:02.280
<v Speaker 7>bank in the US manages sixty six hundred and twenty

0:11:02.280 --> 0:11:05.120
<v Speaker 7>five million dollars in assets. In comparison, Bank of America

0:11:05.480 --> 0:11:09.360
<v Speaker 7>manage is nearly two point five trillion, And so those

0:11:09.440 --> 0:11:10.400
<v Speaker 7>numbers are pretty staggered.

0:11:10.400 --> 0:11:11.560
<v Speaker 2>When we talk about monopoly.

0:11:11.679 --> 0:11:14.360
<v Speaker 7>It feels right when we so what happened with regional banks,

0:11:15.040 --> 0:11:17.360
<v Speaker 7>we saw what happened with minority old blanks as they

0:11:17.600 --> 0:11:21.000
<v Speaker 7>see to continue to consolidate that gap wide and even further.

0:11:21.280 --> 0:11:23.040
<v Speaker 7>I want to go back to something that Shatty was

0:11:23.080 --> 0:11:25.840
<v Speaker 7>talking about when we talk about artificial intelligence. I wonder

0:11:25.880 --> 0:11:28.280
<v Speaker 7>how you guys are approaching this in terms of the

0:11:28.360 --> 0:11:30.560
<v Speaker 7>job market. When we talk about working wage, when we

0:11:30.600 --> 0:11:34.400
<v Speaker 7>talk about workers, there's a fear from people that jobs

0:11:34.400 --> 0:11:37.920
<v Speaker 7>will be replaced and automation will become at the forefront

0:11:38.200 --> 0:11:40.559
<v Speaker 7>of the new job movement. A lot of those jobs

0:11:40.600 --> 0:11:44.760
<v Speaker 7>will are probably be taken are manned by people that

0:11:44.800 --> 0:11:47.120
<v Speaker 7>look like us right now. And so how are we

0:11:47.160 --> 0:11:50.840
<v Speaker 7>looking at this from an anti competitive standpoint?

0:11:51.880 --> 0:11:57.960
<v Speaker 4>You know, there's an entire body of research on the

0:11:58.000 --> 0:12:01.840
<v Speaker 4>failures of competition in later markets that if we had

0:12:01.880 --> 0:12:04.480
<v Speaker 4>another five hours to talk about, I would love to

0:12:04.520 --> 0:12:07.760
<v Speaker 4>take you through all of it. On the AI example,

0:12:07.880 --> 0:12:13.520
<v Speaker 4>in particular, I think that there are already realized fears

0:12:13.640 --> 0:12:18.200
<v Speaker 4>of how artificial intelligence can make the conditions of work

0:12:18.880 --> 0:12:23.120
<v Speaker 4>or the availability of work more tenuous. You know, it

0:12:23.200 --> 0:12:27.680
<v Speaker 4>is a fact that technological innovation can wipe out a

0:12:27.760 --> 0:12:31.160
<v Speaker 4>number of jobs. Sometimes that's for reasons having nothing to

0:12:31.240 --> 0:12:35.160
<v Speaker 4>do with violations of law, to include the anti trust laws.

0:12:35.880 --> 0:12:41.400
<v Speaker 4>But other times, when they're really stark asymmetries of power

0:12:41.559 --> 0:12:46.600
<v Speaker 4>between employers and their workers, there's good reason to think

0:12:46.600 --> 0:12:50.600
<v Speaker 4>about whether there's a competition problem in the market. I

0:12:50.679 --> 0:12:53.760
<v Speaker 4>recently read, and I won't name the company, but I

0:12:53.800 --> 0:13:00.840
<v Speaker 4>recently read that one of the sharing economy companies is

0:13:00.920 --> 0:13:07.640
<v Speaker 4>thinking about using AI to figure out what wages or

0:13:07.760 --> 0:13:14.280
<v Speaker 4>fares to offer workers, and that struck me as remarkably concerning,

0:13:14.640 --> 0:13:20.120
<v Speaker 4>if not dystopian. It is worth thinking more about whether

0:13:20.240 --> 0:13:23.960
<v Speaker 4>there are failures of competition market structures that allow them

0:13:24.000 --> 0:13:26.559
<v Speaker 4>to do that. But the fact is, some people are

0:13:26.679 --> 0:13:31.520
<v Speaker 4>very desperate, and if your prior willingness to take extremely

0:13:31.559 --> 0:13:35.880
<v Speaker 4>low wages essentially means that companies are going to offer

0:13:35.920 --> 0:13:40.520
<v Speaker 4>you more of that. That is a reason to be concerned,

0:13:40.640 --> 0:13:44.079
<v Speaker 4>and so we are taking all of this information in

0:13:44.120 --> 0:13:47.840
<v Speaker 4>at the Justice Department. We're thinking deeply about it, and

0:13:48.120 --> 0:13:51.480
<v Speaker 4>if we believe that the facts and the law warrant

0:13:51.600 --> 0:13:54.960
<v Speaker 4>law enforcement on those issues, we will not hesitate to

0:13:55.000 --> 0:13:55.320
<v Speaker 4>do so.

0:13:55.760 --> 0:13:59.400
<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:13:59.400 --> 0:14:03.239
<v Speaker 1>in massachue An MS thirteen gang member from Al Salvador

0:14:03.480 --> 0:14:07.640
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:14:07.679 --> 0:14:11.600
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:14:11.679 --> 0:14:15.439
<v Speaker 1>some of the heinous migrant criminals caught because of President

0:14:15.480 --> 0:14:19.080
<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

0:14:19.080 --> 0:14:23.880
<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:14:23.920 --> 0:14:27.440
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:14:27.520 --> 0:14:30.720
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:14:30.800 --> 0:14:34.680
<v Speaker 1>are here illegally, your next you will be fined nearly

0:14:34.760 --> 0:14:38.760
<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

0:14:38.800 --> 0:14:42.440
<v Speaker 1>never return. But if you register using our CBP home

0:14:42.480 --> 0:14:45.400
<v Speaker 1>app and leave now, you could be allowed to return

0:14:45.480 --> 0:14:51.000
<v Speaker 1>legally do what's right. Leave now. Under President Trump, America's laws,

0:14:51.160 --> 0:14:53.600
<v Speaker 1>border and families will be protected.

0:14:53.680 --> 0:14:55.840
<v Speaker 2>Sponsored by the United States Department of Homeland Security,