Any background noise . Member, please mute their microphone. Going through documents and records please, email documents, im going to abbreviate my opening statement. I will put the full statement in the record given the fact that you probably cant hear me and understand me and im having trouble, you know, this is the second hearing, last hearing was in industries takeholders and we heard a distressing and serious gaps, shortages of several personnel, lack of even the most basic hygiene practices and a consensus among our witnesses that federal government needed to help the private sector which owns and operates 85 of the patients Critical Infrastructure to defend itself and respond to attacks. You know, the bill 3684 will provide funding at the local, state and federal level to enhance response to Cyber Security incidents. It improves the national highway system, other Transportation Systems, capabilities and established office of National Cyber directive to the principle advisory on
Any background noise . Member, please mute their microphone. Going through documents and records please, email documents, im going to abbreviate my opening statement. I will put the full statement in the record given the fact that you probably cant hear me and understand me and im having trouble, you know, this is the second hearing, last hearing was in industries takeholders and we heard a distressing and serious gaps, shortages of several personnel, lack of even the most basic hygiene practices and a consensus among our witnesses that federal government needed to help the private sector which owns and operates 85 of the patients Critical Infrastructure to defend itself and respond to attacks. You know, the bill 3684 will provide funding at the local, state and federal level to enhance response to Cyber Security incidents. It improves the national highway system, other Transportation Systems, capabilities and established office of National Cyber directive to the principle advisory on
I spent. [background noises] the committee will come to order. Without objection the chair is authorized to declare a racist of the committee at any time by this hearing is entitled semi annual report of the bureau of financial protection. Without objection all members will have five legislative days within which to submit extraneous materials to the chair or inclusion in the record. I now recognize myself for four minutes to give an Opening Statement. Thank you director for being here today. As the director you wear a lot of hats. You are a member of the federal Deposit Insurance Corporation and the Financial Stability oversight consult. This committee spent a lot of time understanding how regulators reacted to the failures of Silicon Valley macon signature bank. Given both the fcic have equal rolls in the failures i am looking forward to hear about your involvement in the decisionmaking process. As we said the fdics chair grunberg and pfister bar testified before this committee there
I spent. [background noises] the committee will come to order. Without objection the chair is authorized to declare a racist of the committee at any time by this hearing is entitled semi annual report of the bureau of financial protection. Without objection all members will have five legislative days within which to submit extraneous materials to the chair or inclusion in the record. I now recognize myself for four minutes to give an Opening Statement. Thank you director for being here today. As the director you wear a lot of hats. You are a member of the federal Deposit Insurance Corporation and the Financial Stability oversight consult. This committee spent a lot of time understanding how regulators reacted to the failures of Silicon Valley macon signature bank. Given both the fcic have equal rolls in the failures i am looking forward to hear about your involvement in the decisionmaking process. As we said the fdics chair grunberg and pfister bar testified before this committee there
Medicaid expansion, a number of things, greater awareness by people. It will be interesting to see what impact covid has had on those numbers. Were going to leave this, but you can watch it in its entirety on our website. We take you live to capitol hill for a Senate Hearing on senator klobuchar would like to be her but cant. Im going to be expressing many of her views in this opening statement. Im going to say on her behalf that she appreciates your work, and appreciate you being here. I want to thank you, and acknowledge the eac was established with broad bipartisan support. Thats good news. That was about 20 years ago, and tasked with the important security, establishing cybersecurity guidelines for promoting accessibility. We want everyone to have the opportunity, who can, to cast their ballot and for that to be counted. Your resources and the administration in all 50 states has been as well as the district of columbia. It has been very important. And as were approaching the 2024 e