Bourg, strategic development, Wabtec Corporation. Chris matthews, assistant Vice President , Network Control systems, bnsf of railway, and jim derwinski, chief executive officer and executive director of metro. Todays hearing will evaluate progress in implementation positive train control, ptc, and examine potential challenges in meeting the final implementation deadline of december 31, 2020. As recent Committee Hearings have highlighted, ptc is an Important Technology that has the ability to prevent accidents, including overspeed derailments, such as the tragic derailment in dupont, washington in 2017, as well as preventing traintotrain collisions. Ptc enforcement and implementation act, passed by congress and signed into law by president obama in october 2015, required railroads to implement ptc by december 31, 2018, however it allowed a railroad to apply for an extension of up to 24 months if, and only if, a railroad met important milestones. I am pleased to say that under secretary
Expected to hear from rail representatives to prevent train accidents. Good afternoon. Today the committee gathers for a hearing to examine the next steps in positive train control implementation. Im glad to convene this hearing on this important issue with my friend and colleague Ranking Member senator cantwell. I want to thank our panel of witnesses for appearing. Mr. Ron batori, administrator of the railroad administration, susan, director of infrastructure, u. S. Government accountability office. Bob, Vice President of Strategic Development web tech corporation. Chris matthews assistant Vice President of Network Control systems. And jim, chief executive officer and executive director of metro. Todays hearing will evaluate progress, implementation of positive train control, ptc and examine the potential challenges in meeting the final implementation deadline of december 31st, 2020. As recent Committee Hearings have highlighted ptc is an Important Technology which has the ability to
Euros. Oil prices climb amid mounting tensions between the u. S. And iran as washington ratchets up economic pressure with major new sanctions and President Trump tells nbc news he never threatened to demote fed chair Jerome Powell but claims he has the power to do so if he wants. I have the power to do so. Thats not a threat just a reminder that you can. I have the right to do that but i havent said that. What hes done is 50 billion a nont quantitative tightening, its ridiculous. Well, good morning and happy monday, everybody. To kick off the week were getting german data out. So lets break that down for you. The june efo survey german business moral has fallen in june the Business Climate index came in slightly higher than expectations at 97. 4 versus the forecast of 97. 2 however the execations index come in at 94. 2 versus forecast of 94. 5. Little lower on expectations current condition index risen to 100. 8 in june versus forecast of 100. 2. On forward looking indicators sentimen
Committee. In the heat of the 2016 election, as the russian hacking and dumping operation became apparent, my predominant concern was that the russians would begin dumping forged documents along with the real ones that pistol. It would have been all too easy seed forgedto documents among the authentic ones in a way that would make it almost impossible to identify. Even if a victim could ultimately expose the forgery for what it was, the damage would be done. Three years later, we are on the cusp of a technological revolution that could enable even more sinister forms of deception and this information by malign actors, foreign or domestic. And machineai learning have led to the emergence of advanced, digitally doctored types of media, enableed deepfakes that malicious actors to film and disrupt entire campaigns including that for the presidency. Artificialess in intelligence algorithms has made it possible to manipulate media, video imagery, audio, text, with incredible, nearly impercep
The committee will come to order. Before we begin, i want to remind all members we are in open session. We will discuss unclassified matters only. Please have a seat. Our members may be wandering in a bit late. We are here until 1 00 in the morning. But those in Armed Services were here until about 5 00 or 6 00 in the morning. So a few groggy members here on the committee. In the heat of the 2016 election, as the russian hacking and dumping operation became apparent, my predominant concern was that the russians would begin dumping forged documents along with the real one that is they stole. It would have been all too easy for russia or another malicious actor to see forged fox sh documents among the authentic one that is will make it impossible to identify or rebut the fraudulent material. Even if the victim could expose the forgery for who it was, the damage would be done. Three years later, were on the cusp of a technolaj cal revolution that could enable even more sinister forms of d