Wouldnt a level Playing Field as you said from your testimony, we have concerns about things like there is a some Data Retention obligations and we think you could do it differently. There is a best interest contract framework and weve heard feedback from folks saying it is clunky and there is a more streamlined way to do it. We have a point of sale disclosure requirement and people have said that that is not necessary. And so what weve done in every circumstance when someone said that the best interest contract is clunky, our response is tell us how to do it better. How do we retain that north star of enforceable best interest contract and still get it done and that is the feedback weve been getting and it has been helpful. And youve incorporated it. We havent made final decisions yesterday. We wont put out a rule until weve gotten all of the comments. Im confident if history is a guide the final rule will be materially different than and better than the proposal because you have to b
Conversation they have the best death in a row. But at the same time to bureaucratize that we dont innovate very well weaken the eve of the glass is half full or halfempty. I would counsel congress to be optimist that is a way of life i ascribe to you cannot have everything all the time and think everything will be well all the time that could be realistic about the potential. We really do have the taxpayer in mind that seems to be a struggle with the current leadership on the hill and their understanding of the Industrial Base teaches secretary mcnamara recognize the need somebody needed to look to those logistics from 50 years ago to see that in a different light in since we have continued to see that as a way to support the mission constantly. That drives the potential solutions with the revolutionary opportunity and trusting in the entrepreneurial spirit is going to be 0k if you learn from those mistakes with the investment of technology is all worth it. With the process and the st
The house hearing today focused on the federal government of Cyber Security programs and initiatives. It includes election and system designation is Critical Infrastructure and modernizing the federal government it system. From House Homeland Security subcommittee this is one hour and 20 minutes. The committee on Homeland Security subcommittee on Cyber Security and Infrastructure Protection will come to order. First of all, im sure i speak for all of us here on the day as expressing our deepest condolences to all of the family members and all of the victims of yesterdays tragedy in las vegas. It is like the ones yesterday really demand the utmost humanity in response to such blind hate and able and hopefully it will give us a renewed sense of purpose today as we approach the task of the day. The subcommittee is meeting today to receive testimony regarding the department of Homeland Securitys Cyber Security mission. I recognize myself for an Opening Statement. We are here today, at the
Protection, and securitysecuri technologies will come to order. First of all, im sure speak for all of us here on the dais in expressing our deepest condolences to all of the family members and all of the victims of yesterdays tragedy in las vegas. Events like the one yesterdayic really demand the utmost humanity in response to such blind hate and evil, and hopefully will give us all a renewed sense of purpose today as we approach the task of the h day. The subcommittee is meeting today to receive testimony regarding the department of Homeland Security is Cybersecurity Mission. I recognize myself for an Opening Statement. We are here to today, at the start of National Cybersecurity awareness month, to discuss what i believe is one of the defining Public Policy challenges of ouri generation, the cybersecurityy posture of the United States. We have seen cyberattacks hit practically every sector of our economy with devastating impact to both Government Agencies ande the private sector ali
Well, good morning. We meet in organization to protect our nation in cyber space. To begin i would like to thank senators rounds and nelson for their leadership on these issues in our Cyber Security Sub Committee. This hearing builds upon the good work they and their Sub Committee have done to tackle the critical challenge of cyber. This is a that is growing more dire and more complex. Not a week passes that we dont read about some disturbing new incident. This is a totally new kind of threat as we all know. Our adversaries state and nonstate actors view the entire information domain as a battle space and across it they are waging a new kind of war against us, the war involving what extending beyond our military to include our businesses and our people. The department of defense has a Critical Role to play in this new kind of war but it cant succeed alone. To be clear we are not succeeding. We have lacked pollties in the cyber domain and we still dochlt it is because we were trying to