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All that would have otherwise gone toward retirement in addition to any pension plan they had but isnt available any more. We know that workers are not saving enough for their retirement. We know, as youve outlined, there has been a real shift from defined benefit to defined contribution plans. And that shift puts more responsibilities on workers shoulders to manage risks and to manage the decisions. Oftentimes without having investment expertise. Youve actually covered a lot of trt that i hope to cover territory that i hope to cover in my questions with you. In particular, about how workers with smaller accounts, those who arguably need the retirement protection the most, will have access to high quality and affordable advice. So im going to move to something a little bit more specific given some of the proud traditions in my home state of wisconsin. We actually have a history of cooperatives and mutual ownership companies. So companies that are owned northwest mutual for instance. Fo ....
Before we gavel the hearing in, i would just like to remind audience members that disruption of Committee Proceedings is against the law and will not be tolerated. Although wearing themed shirts while seated in the hearing room is certainly permissible, holding up signs during the proceedings, that is not permissible. So any disruptions will result in a suspension of the proceedings until the Capital Police can restore order. With that, i would id like to call us to order here for our hearing this morning and ask all the members to take their seats if you could. On september 3rd north korea detonated a Nuclear Device that according to news reports was stronger than all of the previous tests combined. This Hydrogen Bomb represents the latest advancement in nort ....
A house hearing that the sanctions and other efforts to stop their Nuclear Weapons program. This comes as the Un Security Council voted monday to impose new sanctions on north korea. At a hearing of the Foreign Affairs committee is two and a half hours. [inaudible conversations] before we tackle the hearing i would like to remind the audience members the disruption of proceedings is against the law and will not be tolerated also wearing themed shirts while seated in the room is certainly permissible holding up signs during the proceedings is not permissible and will be suspended until Capital Police can restore order. With that, i would like to call us to order for our hearing this morning and ask all the members to take their seats if you cou could. On septe ....