[inaudible conversations] good afternoon everyone and welcome. E. This is a joint hearing of two subcommittees a committee on oversight and accountability. The subcommittee i chair the subcommittee on Cybersecurity Information Technology and government innovation at the others a subcommittee on Economic Growth and Energy Policy and regulatoryh, affairs. Its chaired by my esteemed colleague from texas. We will have Opening Statements from the chairng and Ranking Member of both subcommittees. Thats a total of four Opening Statements so ill keep mine brief. Cybersecurity has beenor a major focus of power since i became the subcommittee chair and im concerned that we are not prepared for the increased sophisticated cyberattacks that will be fueled by ai. Businesses and Government Entities in my district and across the country cafe cyberattacks and were forced to pay a huge sum of money and ransom for the federal government itself sets of data tens of millions of dollars its decades older t
Minutes. [inaudible conversations] [background noises] good afternoon everyone and welcome. This is a joint hearing of two subcommittees a committee on oversight and accountability. What is the subcommittee i chaired the subcommittee on Cybersecurity Information Technology and government innovation. The other is a subcommittee to economic growth, Energy Policy and regulatory affairs. Which is chaired by my esteemed colleague from texas. Since this is a joint hearing will have Opening Statements of the chair and Ranking Member of both subcommittees. Thats a total of four Opening Statements i will tend to keep mine brief. Cybersecurity spent a major focus of our since it became a subcommittee chair and confirmed we as a nation are not prepared for the increasing the for cicada and Cyber Attacks that will be fueled by ai. Businesses and Government Entities in my district and across the country to face Cyber Attacks him and forced to pay huge sums of money and ransom the federal government
Its about an hour and 45 minutes. [inaudible conversations] [background noises] good afternoon everyone and welcome. This is a joint hearing of two subcommittees a committee on oversight and accountability. What is the subcommittee i chaired the subcommittee on Cybersecurity Information Technology and government innovation. The other is a subcommittee to economic growth, Energy Policy and regulatory affairs. Which is chaired by my esteemed colleague from texas. Since this is a joint hearing will have Opening Statements of the chair and Ranking Member of both subcommittees. Thats a total of four Opening Statements i will tend to keep mine brief. Cybersecurity spent a major focus of our since it became a subcommittee chair and confirmed we as a nation are not prepared for the increasing the for cicada and Cyber Attacks that will be fueled by ai. Businesses and Government Entities in my district and across the country to face Cyber Attacks him and forced to pay huge sums of money and rans
[background noises] good afternoon everyone and welcome. This is a joint hearing of two subcommittees a committee on oversight and accountability. What is the subcommittee i chaired the subcommittee on Cybersecurity Information Technology and government innovation. The other is a subcommittee to economic growth, Energy Policy and regulatory affairs. Which is chaired by my esteemed colleague from texas. Since this is a joint hearing will have Opening Statements of the chair and Ranking Member of both subcommittees. Thats a total of four Opening Statements i will tend to keep mine brief. Cybersecurity spent a major focus of our since it became a subcommittee chair and confirmed we as a nation are not prepared for the increasing the for cicada and Cyber Attacks that will be fueled by ai. Businesses and Government Entities in my district and across the country to face Cyber Attacks him and forced to pay huge sums of money and ransom the federal government itself still store Sensitive Data
Rifle association of the terror watchlist and gun purchases. Nato says it sending a clear message to russia by increasing the number of troops in eastern europe. A Multinational Force will be deployed in poland and the three baltic nations, all of which border russia. From bloomberg world headquarters, im mark crumpton. Bloomberg west is next. Emily im emily chang and this bloomberg last. Bloomberg west. We will break down the fed announcement and what it means for tech investors. More news from right hailing unicorns. The 28 million valuation. The latest action from e3 the biggest gaming event of the year. Stay tuned for all the buzz around nintendos latest game. Keepingral reserve is Interest Rates unchanged in light of an uncertain job market while bring no specifics about when the next rate hike might occur. They raise concerns over britains vote on whether to leave the eu. Investors are listing those lee and u. S. Stocks slid on the news. Effect on potential tech . Im not hearing