It is a tremendous pleasure to come to work here every day. Often times in the day to day routine, it is easy to forget the historic significance of the institution we work for, the legacy we are part of, and the people we serve. A small step and preserving the history of the building and the legacy of service and inclusion at treasury. I want to start off by recognizing someone. It was his idea that we name the Treasury Annex the freedmans bank building, and im delighted this idea came to fruition. [applause] thank you for your leadership and continued commitment to Financial Inclusion for all americans. We are also honored to be joined by liberty bank ceo Alden Mcdonald, and the man who needs no introduction, and ms are young. Ambassador young. Professor William Spriggs could not be with us today, but since his warmest regards. Be first speaker today will mr. Alden mcdonald junior, president and ceo of liberty bank and trust, a position he has held since the bank inception in 1972. H
Hosts a ceremony to rename the treasury and its building. It was built on the original site of the freedmens bank. This is about 30 minutes. Good afternoon. I am the assistant secretary for management here at the Treasury Department. Thank you all for being here today. Those of you joining us virtually as well. It is a tremendous privilege to come to work here at the Treasury Department every day and this is stored building. Century,or more than a decisions made at this building have impacted the lives of our fellow citizens. I am honored to work for the secretary, a great leader and tireless advocate. Often times in the daytoday routine it is easy to forget the , historic significance of the institution we work for, the legacy we are part of, and the people we serve. Today, we take a small step and in preserving the history of the building and the legacy of service and inclusion. I want to start off by recognizing john hope brian. It was his idea that we name the Treasury Annex the fr
About his possibly the case and i would love for you to. I kind of did ask. To follow up and say that we now have interagency structures to raise red flags to the highest level. How is it possible that the state department wasnt looking at this intentionally in november and december and i think that is a followup opportunity. And he did play an important role. They were convening behind the scenes at the state department was the key of sharing information in august, september, october, and november. And they did have open sessions with the partners so that we could express what we were seeing. And that would not have happened without this and still are questions are what happened in march and were does the atrocities prevention said on parallel with other National Intelligence priorities. If it was irrelevant until these atrocities were occurring, how are we better elevating that prioritization framework and how can we get ahead. And had we put a better emphasis ahead of the curve inst
The conditions are such that that is a legitimate concern. In the negotiation of the geneva statement, the u. S. , the e. U. , and the ukrainians all urged the inclusion of a sentence that referred to the may 25 elections and the need that they be carried out in an orderly and transparent way. The russians refused to include that in the text of the statementle. The disruptions were already taking place in the ukraine that are bound to complicated the election efforts and we believe that those that the instability there is being fomented by the russians. Thank you, mr. Hartley, ms. Friedt. The chair will yield to the gentleman from new york, mr. Meeks, for five minutes. Thank you, mr. Chairman. Let me, you know, there was a beginning where we thought that wed be entering a new world, we would be able to have with the new stark treaty, not abolishing ewe near Nuclear Weapons altogether, we were moving in the right direction the senate ratified the treaty and the Russian Federation ratifi
Cash in there and it would probably be appropriate that just to revisit that and do some sort of economic analysis. And if its not something they cannot be part of that. But certainly its a great concept overall. Im happy to look at it and get back to you. Thank you. Now turn to mr. Serrano. Thank you, mr. Chairman. Im going to try to get in at least two questions because i know we have a short time, and mr. Secretary, you draw a big crowd. As you can see. Great attendance. Your request eliminates the Bank Enterprise award program, something im very concerned about. I have heard very good reports about the impact this program is having in my district and elsewhere. In fy14 we provided 18 million for it. Why are you proposing to zero it out this year . And i must tell you that its been awhile since ive gotten so many comments from constituents on an issue as im getting on this one. Congressman, we had to make a lot of tough choices in this budget, as you have to make in the appropriatio