President s budget request is just that. It is a request. It does start the annual budget process and gives us here in congress the opportunity to learn about the administrations priorities and how it carry them out. But ultimately its up to us to determine what kinds of programs to fund and what levels. This years budget request is far from perfect i agree the priority must be on Fire Management and improving the health of our forced. Im encouraged the administration is proposing to invest significantly and hazardous fuel reduction and other active Forest Management activities. We know such investments pays dividends hopefully well see this important work plan and carry it carried out without any disruptions. Thanks to our work on the consolidated preparations after 2018 which provided new Budget Authority to fight wildfires. And this budget request would make use of it for fy 2021. The 2019 fire season was relatively mild in the lower 48 with few notable exceptions, but in alaska, la
Federal officials will testify on the Coronavirus Response before a house subcommittee. Watch that live thursday at 2 00 p. M. Eastern on cspan 3. Online at cspan. Org, or listen live with the free cspan radio app. U. S. Forest service chief vic Vicki Christiansen testified on if the president s 2021 budget request before the Senate Energy and Natural Resources committee. During the hearing they discussed forecast management, recreational permits, Sexual Harassment in the workplace, Forest Restoration efforts and Fire Prevention. The meeting will come to order. Okay, first first Budget Hearing in the energy committee. This morning we will consider the president s budget request for the u. S. Forest service for fy 2021. Chief christiansen, its good to welcome you back to the committee. Thank you for being here. We say around here that the president s budget request is just that, it is a request. It does start the annual budget process. It gives us here in congress the opportunity to lea
At any time and without objections, members not on the task force are allowed to participate consistent with the committees practice. And this is entitled robots and ai and the impact of Artificial Intelligence on the Financial Service industry. Thank you all for joining us for what is an interesting hearing of the task force. Today, we are looking at exploring how a. I. Is being deployed in the Capital Markets from automated trading to port follow allocation to Investment Management decisions. We are also going to consider how the use of this technology is changing the nature of work in Financial Services and rendering some jobs obsolete, and changing the skillset needed to service others. It is not an exaggeration today to say that wall street is quite literally run by computers and long gone are the days when the traders would be screaming on the floors of the new york stock exchange, and they would use t. I. Calculators and pour over the ticker tape to determine the companys value.
Next, financial analysts review the impact of Artificial Intelligence on Capital Markets. House Financial Services subcommittee examined ais impact on minorities. Cyber security measures, encouraging more young people to Study Technology and how the us can remainglobally competitive. The task force will come to order. Without objection the chair is authorized todeclare a recess at any time without objection. Members of the full committee not on this task force are authorized to participate in todays hearing. This hearing is entitled robust onwall street, the impact of ai on Capital Markets and jobs and the Financial Services industry. The chair will now recognize himself or five minutes or an Opening Statement area thank you all for joining us today for what should be avery interesting hearing of this task force. Today were looking at exploring how ai is being deployed at Capital Markets from automated trading to Portfolio Allocation to Investment Management decisions. Were going to co
The task force will now come to order. Without objection, the chairs authorized to declare a recess at any time without objection members of the full committee are authorized to participate in todays hearing consistent with the committees practice. This hearing is entitled robots on wall street, the impact of ai on jobs in the Financial Services industry. The chair will recognize himself for five minutes for an opening statement. Thank you all for joining us today for what should be a having interesting hearing of this task force. Were looking at exploring how ai is being deployed in Capital Markets from automated trading to Investment Management decisions. Were going to consider how the use of this technology is changing the nature of work in Financial Services, rendering some jobs obsolete and changing the skill sets needed to excel in others. It would not be much of an exaggeration today to say that wall street is run by computers. I actually hear about those days from the limo driv