Silenced or turned off. For those watching online, youre welcome to send questions or comments anytime, emailing speaker at heritage. Org. Leading our conversation this afternoon is david burton, our senior fellow for Economic Policy and heritages institute for economic freedom. Mr. Burton before joining heritage served as general counsel at the National Small business association, also been chief Financial Officer and general counsel of the alliance for retirement prosperity, and was a partner at the argus group, a Public Policy and Government Relations firm. Please join me in welcoming david burton. David. [ applause ] well, thank you for coming. It is my pleasure to introduce to you commissioner michael piwowar. He was appointed to the securities and Exchange Commission by president obama and was sworn in in august of 2013. He was designated by trump to be acting chairman of the commission and served in that capacity from january 23rd of this year to may 4th. His term expires in jun
Were seeing people who, in fact, cannot be treated with any existing therapy that we have. And i think the threat here to Public Health is we can have emerging epidemics of these organisms if they will spread. Right now they are fairly limited and sporadic but they will spread and well be in a situation where we literally cant treat an infection that is unfolding in a wider sense. In addition each year were seeing greater and greater resistance problems for ordinary microorganisms. So doctors are turning to second or third line antimicrobial agents, agents we used to reserve for very selected situations. And as that occurs more resistance to those will evolve and so eventually well be empty handed. In the case of antibiotics even slight variations in the bacterias genetic makeup, can be the difference between a drug working or not working. Understanding that back terry all resistance compounds this problem many times over yis it important for our antibiotic drug plain that we have mult
The fed can rein in inflation and avoided destabilizing asset price when the time comes. The minutes posted online do little to answer the questions of when and how this we will be done and the most recent fomc transcript available to the public is from 2,008 over seven years ago. Even though the fed has several Monetary Policy tools at its disposal an action of this magnitude as never before been taken to my knowledge. The federal open Market Committee continues to report that it can be patient and keeping the federal funds rate near zero. Too much delay could lead to more painful correction down. What they are thinking and how they analyze this difficult problem remains a mystery. Some continue some continue to dismiss calls for change or more transparency. I would argue that theyre is an even greater need for additional oversight by congress and further reforms our central bank has expanded its influence on households businesses, and markets. Not only pushing the boundaries of tradi
Of justice. The optimism but i sense not just from our students but everyone who feels now is the time to do things differently is palpable. On that very optimistic note i think all of us should thank this marvelous panel. [applause] and i also want to say i no all of you are extraordinarily busy. They are so appreciative. Let me then turned to my cochair and to all of the panelists or Task Force Members for their final comments. A few final thoughts. This is the 7th and last listening session. It it has been an interesting experience. We have gotten a lot of feedback from oral testimony, written testimony, people people who appeared and asked questions, and i am confident that will have concrete recommendations for the president on march 2 as he has requested. I am also optimistic that this is just the beginning of a much broader discussion that needs to happen if we really truly want change. Change. As we all know the best opportunity for changes when you have a crisis. We are at tha
We have mobile security teams and agents on the ground with u. S. Marines that are there. Those agents are going to stay for much longer period of time, probably up to 90 days until we are sure that we have a proper security that we can then start replacing them with a permanent personnel that we are going to have on the ground. The 30day rotations as the arb pointed out were not conducive to security operations. Are there any incentives that the department can provide or can think to provide for personnel to undertake those longer assignments . I dont think its a question of necessary or additional incentives. I think its a question that we needed to understand that we are constantly rotating like that was not in our best interests. I think my agents clearly understand that. And i think it really isnt about additional incentives. Its about just knowing that is not the proper procedure and we need to change it. Not a great practice. Thank you for your forthright answers and i yield bac