Shutterstock has been disrupting the stock photo market since 2003. Now, Shutterstock has officially sold 1 billion licenses for photos, music, and videos. Jon Oringer is the Chairman and CEO of Shutterstock. He joins Cheddar after ringing the NYSE Closing Bell to celebrate their big 1 billion milestone. Jon Oringer says he wants Shutterstock to be wherever the customer is. When asked if Shutterstock has a future in cryptocurrency and blockchain, Oringer explains Shutterstock has been researching the industry since 2012. Shutterstock already has a ledger with extensive purchase history information.

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Trump Administration Shutters Consumer Protection Agency
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
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