Feel burdened with expensive effort of implementing changes that wont yield direct benefits for many years to come. This situation has led policymakers to question whether the current atc structure is best suited for the task at hand the longstanding difficulties of modernization on one reason to consider reform to the systems reliance on annual transportation appropriations and the vagaries of the political process make longterm planning for system capitalization management of the footprint difficult and probably more costly and the faa will always face challenges attracting and retaining the talent needed to drive major technological change when i must compete with cuttingedge businesses in the private sector. To address the challenges we must consider if theres a better way to deliver atc services for the traveling public and airspace users and im open to considering all ideas. Faa is a great record of safety regulators something that regulators something though continuous air Traff
What im going to do is flip that question and ask each of you to give us an idea or two about some things that dont work. And that we really shouldnt do that. What are some things you think that dont work . Especially in the day and age we had all the money in the world. We dont. We have a lot of debt and were going to get in more. What are some things we ought not do, you dont think they work. Theyre not worth the money . Mr. Hollis . Good question, sir. Im full of them. Thats my best one today, so. Im struggling with that one. In terms of because most of the stuff is, i think, that does not work is stuff that we actually stop doing. So one of the things we went through in our own office was to analyze across all of our offices which ones were most effective, most efficient and then reorganize our structure based on that. So we actually look at that pretty regularly year over year to see whats not working and then to either adjust our organization and our assets to rid ourselves of th
Were about to compromise the Payment System, the electrical grid, you wouldnt say lets kick it to the states. Lets let them handle it. I dont think you would do that. Whatever you do will be helpful, even if directionally. It will be better than what we have now for the sectors that dont have any standard in those states. Miss moy . Right, so i would say a couple of things. One is that consumers are protected right now by the federal trade Commission Section five authority, and the ftc is enforcing that. As weve heard, theyve enforced over 50 cases since 2001. And consumers in the other 47 are, you know 47 states and three jurisdictions are protected by breach notification laws. So there are protections existing for consumers. I think setting a floor and not a ceiling, as ive mentioned before, there is a clear pattern in terms of whats covered, even by the disparate state laws. So as a practical matter, most companies that have to comply with the laws of multiple states are just comply