Committee on Homeland Security will come to order. Committee is meeting today to exam the most serious threats confronting our homeland. Before i recognize myself for an opening statement, i would like to take a moment to welcome the newest member of our committee, don bacon. Don served nearly 30 years in the air force and is experienced in cybersecurity and Airborne Reconnaissance will prove greatly beneficial to this committee. Thank you, sir, for being here. Thank you, chairman. I now recognize myself for an opening statement. I would like to thank each of the witnesses, acting secretary elaine duke, fbi director christopher wray, ctc director nick rasmussen, for joining us today. You represent thousands of patriotic men and women who go to work every day to insure the safety of their fellow americans. Everyone on this committee is extremely grateful for your service and director rasmussen, for over two decades, you have helped navigate an unprecedented landscape in combat terrorism
Financial times, disheartening. One in five americans are receiving government assistance and now president obama saying lets give out solar panels to the poor just what we need to gre the economy. We havent forgotten about hillary giving the first interview since announcing her campaign. And she blames republicans for everything. Poor hillary there. Varney company is about to begin. All right. Guys, weve got a ton of news for you this morning and we have now breaking news all United Airlines flights are grounded, they say its due to a Technical Glitch. All flights, all airports are grounded, a big problem for travelers. We have a live look at Ohare Airport and thats on your screen now. Thats the giant united hub. If you have to go through there. The big story now liz the big story, there has to be something more to it than to be causing all the flights to be canceled. Charles this is worrisome because a lot of people are worried about Computer Systems worldwide particularly involving
To todays outage suffered by the wall street journal site and by united airlines. More on both of those in a bit. Sources tell cnbc that the New York Stock Exchange problem may have been the result of an overnight Software Upgrade and traders got a little bit of warning because before the exchange opened this morning there was a bulletin sent out, we have got some kind of a technical problem. So, when it actually struck about 11 30 there wasnt panic there wasnt a big selloff, because there still was trading. These stocks that couldnt be traded on the New York Stock Exchange could be traded on the internet on something called bats. So, in summary, problem fixed, not a hack attack and no official word on what caused the worst technical outage ever to strike the New York Stock Exchange. Steve handelsman, thanks steve. Now to the other big computer glitch thats still causing a Summer Travel nightmare for thousands of people. United airlines was forced to ground some 3500 flights across the
At the same time we have is very auguste group the said forcing companies to provide a backdoor to encryption is going to result in a lot of unintended possible consequences including some of our companies will lose a competitive advantage because, for example, if we expand to include encrypted apps that it only would apply to our companies and, therefore, if our companies have to provide a set of backed away to get to this information and Foreign Companies who in the marketplace dont then you at a competitive disadvantage. They are a lot of issues that we do have two way. Speaking of that i understand you to say that is just one of the things on the table . Are that he said at another form perhaps but you think it should be expanded to include encryption apps . I dont know whether i said that but if i said it, im smarter today than i was then. I think thats something that folks are discussing but i dont know what that answer is. Thats why we havent come to dealing with a proposal. Wer
Messaging app. Contact me there. So our task to find needles and a nationwide haystack becomes complicated by the fact that the needle goes invisible. We cannot break strong encryption. People watch tv and think the bureau can do a lot of things. We cannot break strong encryption. Even if i get a court order under the Fourth Amendment to intercept that communication, i will get nothing. The needle remain dark to me. Isil does something al qaeda would never imagine, they task people. Kill someone, and we will see if youre really a believer. These people react in ways that are very difficult to predict. What you saw in boston was flashed a bang being very close. You had a guy in touch and then encrypted way. He woke up one morning and decided he would go kill somebody. Thank her this we were able to confront him. They had to use their weapons. That is an example of the applicability of this. If you combine the blindness with this broad reach. And we face a challenge if not seen before. T