The subcommittee will come to order. Good morning, secretary devos. Welcome this morning. Welcome to the subcommittee. This is our second budget hear ing of the year. Today as i was reviewing the budget materials, madam secretary, this much was clear to me. I believe and ive had this conversation before with you, i believe for our student and our country. Instead we need to expand things like childhood education that we know helps students to succeed. We see this in other countries around the globe. They are not shrinking public support but, in fact, are expanding it. Ill get more into the consequences of the cuts you are proposing. But i want to start by examining your privatization philosophy. The full premise on which it is built and the research that it ignores. Contrary to your claims, the nations Public Education system which 90 of our children attend has witnessed significant progress for all groups of students over the last 30 years. Average mathematic scores have improved for
Nominee for the Federal Reserve. To be exact. [gavel] mr. Crapo this hearing will come to order. This morning we will consider the nominations of the honorable judy shelton to be a member of the board of governors of the Federal Reserve system. And dr. Christopher waller, to be a member of the board of governors of the Federal Reserve system. Welcome and congratulations to each of you for your nominations. I see friends and family in the room today and i welcome them as well. Were fortunate to have these two highly qualified nominees appearing today. These positions are critical to ensuring a safe, sound and vibrant Financial System and a healthy, growing economy. The Federal Reserve was created by congress as the nations central bank to promote a stable economy and a safer, more flexible Financial System. Among the Federal Reserves responsibilities is conducting the nations Monetary Policy with the mandate of promoting maximum employment, stable prices and moderate longterm Interest R
Work of our National Innovation initiative. Now, another 17 years later, here we are again, once again finding ourselves at the precipice of transformational change. Today well hear stories about these changes as theyre foundational to our Flagship National commission on innovation and competitiveness frontiers. The commission cochaired by the Council Board on this stage is a multiyear effort to reimagine americas innovation potential and to chart a new path for competitiveness in the 21st century. And as this slide shows, just a little less than a year ago, with our core leadership team, we began to build this effort. And by august we had pulled together a powerful and diverse set of commissioners, nearly 60 leaders from across this country from industry, from academia, from our Labor Union Community and our National Labs. And the commission has already started their work. As deborah mentioned, todays launch is our 2020 roadmap of activities that we hope will change the future traject
States International Leadership in 5g act as amended. The speaker pro tempore the clerk will report the title of the bill. The clerk h. R. 3763 a bill to direct the discriminate to provide assistance and Technical Expertise to enhance the representation and leadership of the United States at International Standards setting bodies that set standards for fifth and future generations, mobile, Telecommunications Systems and infrastructure, and for other purposes. The speaker pro tempore pursuant to the rule, the gentlewoman from neverauskas, ms. Titus, and the gentleman from texas, mr. Mccaul, each will control 20 minutes. The chair recognizes the gentlewoman from neverauskas. Ms. Titus thank you. I ask unanimous consent that all members may have five legislative days to revise and and include remarks extraneous material on h. R. 3763. The speaker pro tempore without objection. Ms. Titus 00 on that i yield myself such time as i may consume. The speaker pro tempore the gentlewoman is recogn
Brouilette will deliver remarks. Good morning, we have seen time and again how technology has transformed our lives and unleashed new challenges and opportunities as we think about a new future for the United States. 2003 was a period of change, 17 years after our founding, our Council Members recognized that the nation stood at a particular inflection point. We needed significant change to enhance our innovation capacity and that led to the pioneering work of our National Innovation initiative. Another 17 years later, here we are again, finding ourselves at transformational change. Throughout the day as was mentioned, were going to hear stories about these changes as theyre foundational to our commission on innovation and competitiveness front tiers. The commission is a multiyear effort to reimagine americas innovation channel and to charter a new path in the 21st century. As this slideshows just a little less than a year ago with our core leadership team, we began to build this effor