Political history. This is not to say that no one has ever thought of or written about latinos in politics and history. The conversation follows in the footsteps of many major works and scholars. Instead is about rethinking what historians paid attention to. In an earlier panel they asked an essential question about segregation. There is a real barrier to what organizations and individuals are labeled as critical or diplomatic actors. This panel will shift the conversation towards a discourse other than peripheral. Their fortune the fire of the 19th century warfare and boosted by mass migration. They have an parcel of modern social fabric. Which will over 100 years of history in the United States. They have made a double mark on u. S. Politics. In the early legislative history at the selfless territories. They make u. S. Politics their own. And reading the major synthetic works of american political history we are hardpressed to find much representation of experiences and politics in m
We are delighted youre here today. This committee has jurisdiction over the department of energys vitally important science and Energy Research and development activities. The laboratories and facilities , so i hope we see you more frequently and i look forward to working with you throughout this congress. With the budget season mostly behind us, id like to bring just a few minutes and a few items to your attention. Ill start with the good news which is that despite the administrations best effort to make cuts across the board to deo research and Development Programs most faired well in the house of representatives. Im particularly pleased to see the increases to the budget for arpae and the long Programs Office both of which have yielded truly transformative results for Energy Technologies of all types. Im also quite happy that the house supported a substantial increase in the International Fusion project which i advocated for as well. I went to visit that project a couple years ago,
Search bar. The hearing will come to order. The chairs authorized to declare recess at any time. Let me say good morning and welcome to todays hearing and oversight of the department of research and development enterprise. Welcome mr. Secretary we are delighted that youre here today. As you know this committee has jurisdiction over the department of energy and its a vitally important science in Energy Research and develop activities. The laboratories and facilities i hope much more quickly from now on and i look forward to working with you throughout this congress. With a budget season, i would like to bring just a few minutes and a few items to your attention and ill start with the good news. Which is despite the ministration best effort to make cuts across the board and develop my programs most actually fared well in the house of representatives and particularly pleased to see the increased to the budget for the loan programs office, both of which have yielded transformative results
Cyber espionage. The hack of opm is the latest example. Do the chinese steal our Naval Technology and apply it to their navy, and as a corollary to that, are you aware of any evidence concerning china stealing u. S. Civil Nuclear Technology and diverting it to its nuclear navy . Sir, im not personally aware of any instances of another nation stealing our Nuclear Technology and applying to their navy, including china. That may be happening, im not briefed on any intelligence that would implicate that. I think its wellunderstood that there is Cyber Espionage that occurs. We have concerns from time to time about our cleared defense contractors for example in their Cyber Security. I think Frank Kendall and at l is working hard to tighten that up as best we k. I was reflecting on this earlier we talk about Nuclear Matters. As a sort of graduate of the Navy Nuclear Propulsion program. One of the things that has intrigue said me intrigued me over the years, the element of Human Performance th
Its going to predict how it would react under a stress event. And so was the key one of the key issues is what how are investors anticipating this . Is this part of their Investment Strategy . And do prices reflect it, and do practice Risk Management practices reflect that . I think that there are two issues we have to separate as we address the questions you offered. Is there a liquidity crisis . The first is are we in the midst of a transition from one type of market to over. If over night, we say that ever bond dealer who works in a bank can no longer deal bonds, the next day it will be a little harder to buy bounds. No question about it, and sell them as well. But what will happen afterwards, the banks will sell their operations to hedge funds to other companies, to the employees themselves and theyll get reorganized to find the capital and make money, because there are opportunities to make money when people demand liquidity, by the way, theres no such thing anywhere of free liqui