However, the recent additional decline in oil prices and further appreciation of the dollar, mean that it will take a bit more time for these effects fully to dissipate. Charlie joining me now is glenn hubbard, the dean at columbia business school, a Top Republican economic advisor. Gillian tett is a managing editor at the financial times. Alan blinder is a professor at Princeton University and a former fed vice chairman. David leonhardt of the New York Times will be joining us. He has joined us now. I am pleased to have him as well. Alan, give me a sense of what happened today. And because you have been there, what might these deliberations have been like . Alan i think they were contentious in a polite sort of way. Everything is polite. The committee is divided. From the statement, you can tell clearly that janet yellen was on the dovish side and was in her own polite way not getting resistance. There was no little bone thrown to the hawks in this statement. At all. I was surprised t
I think the reason why some of these have stuck around all the time, as youve said, theyre really politically intractable. But in some sense theres a reason for that, and maybe its not necessarily a bad thing. I mean, the other option is to have absolutely no regulation, right, at the extreme so that theres no conflict over what that regulation and anything goes. And if thats not what were trying to set up, a sort of superregulatory council that can sort of whackamole and bat down anything that is not the least trade restrictive model, thats where youre getting political pushback be. And thats the idea that, you know, citizens want to be able to have some say in what their economy looks like. And in some senses, you know, some citizens want greater Government Intervention in the economy. Cato would say less Government Intervention in the economy. But these are really, really important questions. And it really gets to, again, i think, marjories question when she said raise your hand if
Enforcement intelligence and National Security community at screening folks. That said, there is no such thing as a norisk enterprise, and there are things deficits that we face. Im not comfortable talking about them in an open session. I dont want the bad guys to know i understand. Thank you. No if i could. Please. With regard to Syrian Refugees in particular, i agree totally with what jim said. We should do the right thing by accepting more but we have to be careful in doing it. We have improved the process for vetting from a security standpoint the refugees who are aid mitted in this country, and im committed to making sure we maintain that process. Thank you. Director comey, you mentioned encryption to protect against criminals and you mentioned confidences are underway. Can you tell us about that . This is real important. Were having increasingly productive conversation wiz industry. I think in part the isil threat focused everybodys minds mindsd understood were not making this if
Issc considered just as bad and make sure that that culture is incolcated throughout the force. I agree, but now the admiralt is assaulted by the telecoms who want to tie his hands behind his back by doing all of the encryption. Thank you, mr. Chairman. Thank you, mr. Chairman. In our state, naval surfers warfare, senator crane has taket the lead on much of our effortso to protect against the threat oe counterfeit electronics. And so secretary work and director clapper, the Global Supply chain for ts a g microelectronics presents a growing challenge for cybersecurity. One of the things we saw s wh recently, ibm sold its chipmaking facilities with dod foundry status to a foreignowned competitor. So i was wondering your top toiorities in managing the risk posed by the globalization of microelectronics ilitie Manufacturing Capabilities and our abilities to protect our systems in that area. Its a big question, senator. In fact, its going to be one of the key things we look at in qt this fa
[applause] good afternoon welcome and they give you for joining us today on the topic of critical importance. I am president of the United States institute of peace with the critical moment to this serious conflict to threaten not of the regional political will security with the arrival of refugees in europe that there is 60 Million People displaced by conflict and 12 million are syrian. And estimates suggest what quarter have been killed in the civil war today. One of the pressing tragedies of our time United States has been the leading donor of humanitarian assistance over the last five years by growing more bloody and complex by the day the Global Community mr. Jett they Work Together to provide desperately needed civilian production to achieve a meaningful and lasting pay peace with the community and the commitment we read never again turn a blind eye let that systematic violence of human suffering come forward so i am honored to welcome to the u. S. Institute of peace they committ