Good afternoon. Good afternoon and welcome to the American Enterprise institute. I am a resident scholar and Financial Service organizer of todays event. This afternoon im pleased to host matthew to discuss his new biography one of the most influential politicians of his time in an architect of key legislation that shaped the American Financial system. Carter glass was born in 1858 in lynchburg virginia and grew up in the reconstruction south. The philosophy on the role of government was shaped by it the views of Thomas Jefferson a fellow virgin and born just 70 miles north of the virgin upon. From 1903 until the early 1940s, carter glass played a key role in every important financial legislative debate. His colleagues in the house and later in the senate, both the democrat and therefore can recognized glass is to go to expert when it cam comes to bang issues. Carter glass was a politician meaning he was an expert when it came to reading the political tea leaves and crafting compromise
This afternoon im pleased to host matthew to discuss his new biography one of the most influential politicians of his time in an architect of key legislation that shaped the American Financial system. Carter glass was born in 1858 in lynchburg virginia and grew up in the reconstruction south. The philosophy on the role of government was shaped by it the views of Thomas Jefferson a fellow virgin and born just 70 miles north of the virgin upon. From 1903 until the early 1940s, carter glass played a key role in every important financial legislative debate. His colleagues in the house and later in the senate, both the democrat and therefore can recognized glass is to go to expert when it cam comes to bang issues. Carter glass was a politician meaning he was an expert when it came to reading the political tea leaves and crafting compromises that could be passed into law. Never an ideologue is willing to empower the federal government is in his judgment, circumstances warranted. While not a
The dow. It accounted for about 74 points of the declines of the dow that came after we heard from jeff bezos, Warren Buffett and jamie dimon that they will try to take on healthcare on their own. The reaction from healthcare was swift and serious. This morning, though, green arrows across the board. The more you talked to people yesterday who tried to understand what they were doing, i think the selloff may have been too far i spoke with ana gupte who was on with us, she had time to digest it. She said this is a buying opportunity. Anything that happens will take years. If will tait will take a lone what i did hear a lot of yesterday is other ceos looking at what theyre doing and saying we should do this, not necessarily to gang up on this. But looking to cut their own costs. The question the bigger the pool you get, the more complicated it gets. You could see the whole Business Roundtable deciding were going in together as a collective. You have younger workers this gets interesting.
Sooner. In the letter i submitted the National Conference of mayors pointed out that the Clean Air Act required federallysupported transportation activities are consistent with state air quality Implementation Plans and the largest rail hub in the country. According to the center of Regulatory Solutions freight traffic is expected to increase by 80 by 2020. How does epa expect the financially troubled state to implement these standards when the agency has not and will not consider the full potential cost of implementation . If i could just point out, sir, that the Health Standard sets up a process where states develop plans over time and there is significant time to achieve this standard but the majority my time has expired and if you can respond in writing back to these. The vast majority of the counties will be in the amendment as a result of national standards. Thats an important thing to remember. This is not on the backs of the states. It is a partnership between the National Gove
Together for p5 1. And this also shows china wants to play a role though the United States is still the first fiddle. And china is the third one. The second one is the europeans. But we are learning. We are still in internship. To have a digression you have your American University in beirut for more than 100 years. And you have American University in cairo. We even dont have many confucius institutes there. So you can help us for that. The third one is there are emerging, new overlapping interests in cooperation. Like our cooperation against piracy piracy. Navigation safety security. And our cooperation on the chemical weapon issue of syria. Et cetera. So i still believe the United States is the most important factor. But you will change your ways of thinking and practicing. Thank you. You mentioned quartet versus p5 1. Brian spoke insightfully on the fact that the p5 1, if a deal is done, the first question becomes can it hold together in enforcing and supporting a deal . Then anothe