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[inaudible conversations] okay. Here we are. Thank you. Good morning, everyone. My loud enough . Good morning, everyone. It is such a pleasure as to welcome you all on behalf of the brookings institution, Cornell Law School and band of law school, erin, dan and i are truly thrilled, incredibly delighted and deeply honored that you join us today in person as well as online to talk about the u. S. Financial and Payment System. Given that it is a friday of a Holiday Weekend and you guys are here to talk about the Payment System on a dreary d. C. Day, i think its safe to assume that you are here for a completely unabashedly full on nerd experience for the day. And so that is exactly what were here to give you. Because the u. S. Payment system deeply, desperately needs it. It needs your ideas. It needs or technologies. It needs your policies. Needs your passion to get it ready and equipped for the digital century that we know is already here. We know i think in this room that the u. S. Paym
App featuring your unfiltered view of whats happening in washington live and ondemand. Keep up with todays biggest events with live streams of floor proceedings and hearings from the u. S. Congress, white house events, the courts, campaigns and more from the world of politics all at your fingertips. You can also stay current with the latest episodes of washington journal and by scheduling information for cspans tv networks and cspan radio plus a variety of compelling podcast here cspan now is available at the apple store and google play. Download it for free today. Cspan now, youre your t to washington anytime anywhere. , it up next to a discussion on the current state of the american Payment System and inclusion of nonbank digital Payment Systems your topics include the change from cash to Digital Payment services and the regulation of Money Service businesses. [inaudible conversations] [inaudible conversations] okay. Here we are. Thank you. Good morning, everyone. My loud enough . Go
That occurred last year, is occurring again this year and will continue to occur next year. Each year is getting worse than the previous. In my home, we will see approximately 800 drugrelated deaths in 2017, which is an increase from our most devastating year, last year, 2016, when we saw approximately 660 people die from drugrelated deaths, up from 370 the year before. Nearly 9 to of these deaths will be due to opioids of some kind. Prescribed pills from which the crisis originated and grew from, heroin, fentanyl, and now the newer analogs of fentanyl. Its nationwide Public Health emergency which is simply out of control. Ohio is one of the hardesthit states. Appalachia, the New England States are also particularly hardhit. In the fall of 2011, my office alerted our county executive to an alarming trend and the rise of heroinassociated deaths. In the subsequent months and years weve partnered with our county sheriff, Cleveland Police department, u. S. Attorneys office, county prosecut
State. This month, a Police Officer in ohio had a near fatal sentinel overdose facing overdose following routine traffic stop. ,e put on his mask and gloves arrested some individuals, went back to the playstation and the police station, noticed there was powder on his shirt, he brushed it away. He is a big man, and he fell to the floor unconscious and overdose. Canadministered nor immediately, but he was not enough, they had to rush into the hospital where two more narc an doses were administered and luckily his life was saved. He would have date have died if he had been alone. He also said, what if you got home and hugged his kid . This, it is devastating our communities and causing danger for Law Enforcement and First Responders. Isntanyl hundreds of times more potent than heroin. It can be deadly. We also know about other synthetic drugs coming into our country. This issue is getting worse. As i said, the number of overdoses and deaths have increased a medically dramatically. You mi