Years but having been here for 19 years going on 20, having such distinguished service. Having touched the department in so many ways, theres no one better suited for this challenging time. Would you please welcome him with your applause . [applause] thank you, john. I have much appreciate the chance to be back at csis as well as all of the serious important work that goes on here. I have to say i have benefited tremendously from their guidance and ideas. I have no doubt that the work that goes on here makes an important difference. And you are nice to come and listen to me. But the truth is, we could all sit here and take notes from dr. Hamery or david or some of the other experts here on this topic. I do have to note; however, that the last time i was at csis, it was for a cyber exercise. I was asked to play the president. And dr. Hamery has not invited me back since. I think it was deeply disturbing for him as is understandable. Chairman and i have been talking about a focus defense
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] coming up on cspan2, the Homeland Security Committee Examines the use of Virtual Currencies. Then, a look at the process that granting security clearances for federal workers and contractors. And live at noon eastern, a Heritage Foundation panel on the deal struck in geneva, switzerland, on Irans Nuclear program. Today the Heritage Foundation examines the deal reached this its weekend in geneva, switzerland, on Irans Nuclear weapons program. Watch the event live starting at noon eastern here on cspan2. Also here on cspan2, a look at u. S. Canada Military relations. Well be live at 1 30u p. M. Eastern. The senate Homeland Security Committee Last week examined the governments ability to regulate Digital Currencies like bitcoin. This hearing is two and a half hours. [inaudible conversations] well, good afternoon, everyone. Thank you for joining us. We especially want to thank our witnes
Defendant, even though it now appears that faa fisa amendment acts were used in criminal prosecutions. There was a great story about this by Charlie Savage about the fact that the solicitor general, when he argued to the Supreme Court, represented to the court that fisa amendments act requires removal defendants to receive notice when the government is prosecuting them on the basis of evidence derived from the fisa amendments act. It turns out not to have been the Justice Departments policy. Their policy was to deny defendants notice, even in circumstances in which they were entitled to it under the statute and constitution. They have changed that policy, which is a good. It seems there is a disconnect between the Justice Department and some of the security agencies about what has to be released and what can be done to ensure what you have said. That data needs to be revealed to the defense. I do not think there is a disconnect between the department of justice and the intelligence age
Anonymity and privacy, and bath there are new laws that are required to end the possibility of anonymity or to address that in some way. I think, you know, as i stated in my comments, we are very focused within our business on having very deep levels of identity verification, we view that as critical. Others within the Digital Currency world, particularly within geographies that dont have the same type of regulatory regimes do not. There are other things we need to be thinking about that could address those issues. I think that arena needs additional and careful consideration. Thank you. I think there is broad consensus among the panel here, i was very heartened to hear the first panels message, and i think we have a lot of consensus, ill pick two issues to give you an answer. First, i was interested in listening to the gentleman from the secret service that said that centralized currencies pose the greatest risk as far as Money Laundering. And bit coin, because of their nature, they w