All right. This hearing will come to order, without objection the chair is authorized to declare recess at any time. Good afternoon, welcome to todays hearing. The future of electricity delivery, modernizing and securing our nations electricity grid. I want to thank all of our witnesses for joining us here today. This is such an important topic. Im a young guy as you can tell but i have read history about what it was like when we first started building the electric grid over a century ago now. I dont think we could have imagined the technologies that we would use to power or homes and businesses and hospitals and everything today. And i think the challenge is different, you know, back then the real challenge was just extending power itself throughout every corner of our society, and there was a challenge which was that those providing power knew they could make money in the cities in well Populated Areas in places with a lot of business and commercial opportunities, but it was not as p
Order. Without objection the chair is authorized to declare recess at any time. Good afternoon, welcome to todays hearing, the future of electricity delivery, monetizing and securing our nations electricity grid. I want to thank all of our witnesses for joining us today. This is such an important topic. Im a young guy as i can tell but ive read some history about what it was like when we first started building the electric brig grade over a century from now. I dont think we could have imagined the tech elegies that we would use to power homes businesses and hospitals and i think the challenge is different. The real challenge was just extending power itself to every corner of our society. There was a challenge that those providing powers knew that they could make money in cities and well Populated Areas and places with businesses and commercial opportunities, but it was not as profitable to take it into the countryside into the hill country of texas for example. The government made a ba
Picture. Goldmansachs expects the fed to begin easing in q2 of next year. Also ahead, were going to talk about what is next for the tech sector. This is in the midst of whats been a rough august at least so far. Were down 7 month to date. And letter x Surging Company rejects an unsolicited takeover offer from its rival, cleveland cliff. Lets get some other news, though, as well, as we start the show paypal has a new ceo whoa. Yeah. Alex, who currently runs the Small Business and selfemployed group for intuit, is going to take over from paypals longtime ceo dan shulman on september 27th according to members of the board a little earlier than expected they conducted the search for paypals new ceo shulman will remain a paypal director until next may. Chriss being hired was a result of the process where the board interviewed nine ceos. They reduced that pool to four candidates and then they chose mr. Chriss members of the Board Selection Committee tell me he impressed them with leading a d
But i trusted him. Sunday night at 8 00 p. M. Eastern on cspans q a. Next up, a hearing on drug cartels, the house humanitarian subcommittee on border and Maritime Security heard from officials with the coast guard and Homeland Security and state departments. Its chaired by arizona congresswoman martha mcsally. He hearings 90 minutes. Ms. Mcsally the subcommittee on border and Maritime Security will come to order. Let me first apologize for being a little bit late. Need to clone ourselves around here. I was in an Armed Services committee hearing. Very important on the f35 and the way ahead for our troops. So appreciate your patience. The subcommittee is meeting today to examine the threats posed by drug cartels. I recognize myself for an Opening Statement. First, id like to welcome the newest member of our subcommittee, the gentleman from florida, mr. Rutherford. Welcome. I look forward to working with you and the other new members of the committee. As we begin the 115th congress, let
Assistant commissioner alles. Assistant commissioner alles thank you, sir. And good afternoon, sir. Good to see you again. You may recall we last visited our site in Corpus Christi in january. Thank you for coming down to see that. I would encourage any members of the committee to come visit our sites. I think thats very beneficial in understanding what we do better. As you noted, the office is a critical component of our later border strategy. The personnel operate 257 aircraft, 283 vessels and Sophisticated Network across the u. S. , puerto rico and the virgin islands. Oams critical and Maritime Missions fall into four areas, main awareness, investigation, interdiction and Contingency Operations and national taskings. We not only contribute to the security of our land border, but facilitate efforts with the coast guard to secure the coastal shoreline through the coordinated use of integrated air and marine forces. Since the consolidation of air and Marine Assets 11 years ago we have