What i would add to that is sometimes its a oneway change. Sometimes they might introduce systems changes. So theres an accumulation of review policy. Its hard to quantify, but thats the kind of thing were looking for. But do you think that the 90 number, do you think thats an accurate reflection . I dont have that information. I have heard in my business with bank eres, its manifested itself in Additional Resources you have to higher. Particularly as it gets more complex. But, also, diverting their attention away from lending and interacting with their Customer Base, the impact on staff, though varies with the size of the institution and the activities theyre involved in. But it is real based on what we heard from bankers. Similar to what was said before, some of the changes that were looking at different thresholds, but, also the collaborative paper that we put up is the collaboration by sharing the Work Together that could help them manage their cause and require the experience that
Where are we going to come up with paying for another Compliance Officer even though we have no exceptions. I want to ask do i have a minute . Chairman . Will you consider doddfranks plop sigss . Given that the grippa process is looking at rules that are unnecessary, most of the rules have never been itch leapted yet or have taken the fact. Soo it is not we feel, appropriate to look at those rules at this time. Is it fru we wont have another study for 19 years . If we deent include dod frank . Its part of our normal practice. We looked at on an on going basis whether rules are appropriate in terms of still relevant. And we will make changes. Thank you very much for being here. Senator . Thank you, mr. Chairman. I think youre getting a theme here that this is not a partisan issue. This is not something that theres a lot of disagreement on this skmit tee about. Were deeply concerned about the status of communitybase in this country. I look at this in kind of duodifferent ways. First youv
Phones we are caring around. It is an criticized by attorney general holder and the head of the fbi. How much did what apple and google, what they are saying they are going to do, how much did that hurt some of the work you did . Was a going too far between the balance of security and mike, you start. We want to be respectable people jobs. Move to protect privacy of individuals and mobile. Isis we give up so much information. They want to get into our content, look at information. Justiceur department of is having discussions with specific organizations. Or havee subpoena search warrants for this information . That s changed a little bit in the recent past but i am not sure where those discussions are. We look to work for the companys and how we can get the information we can gather in a National Security type of information in one of the means do that . It is back to the basic question of what is available . What are you capturing that we could get . We run into this problem before in
Ideas that light the world. Viva la france. President obama visits tennessee to preview parts of his upcoming state of the Union Address and talk about jobs and the economy. Well have live coverage beginning at 1 20 eastern. Watch our live coverage of this years state of the union on tuesday, january 20th. Ladies and gentlemen, good morning. Welcome to the pentagon. The topic today is european infrastructure consolidation and the action taken that derive from that. Our briefers today, we have the assistant secretary of defense, for International Security affairs, mr. Derek chollet. On his left is mr. John conger performing the duties of the assistant secretary of defense for Energy Installations and environments. Theyll make opening statements. Well have time for questions afterwards. And let me know if theres questions beyond that if we run out of time. Mr. Chollet, if youd like to begin. Good morning. This on . Yes. Okay. Good morning. European and trans Atlantic Security is more imp
And to visit the plants that have been displaced. The titans that run these global transnational corporations, they are operatives and the wall street giants that finance them could care less about workers anywhere or the community in which they live. And frankly, these new bosses of Global Production dont care about democracy or the rule of law either. They pay whatever they want and they can pay off as they see fit. Ive seen workers in making may tag washing machines in monterey, mexico. They used to be made in newton, iowa. Those workers dont make enough to buy the washing machines they make. The poverty rate in newton has dramatically increased in the town that paul may tag built. The quality of those machines has gone down too. Who can be proud of what is happening . I visited the homes of those workers from monterey lived and other maquilla factory zones and seen firsthand their impofferished living standards. I stood at a surreal location in mexico witnessed the jobs outsourced