Cyber espionage. The hack of opm is the latest example. Do the chinese steal our Naval Technology and apply it to their navy, and as a corollary to that, are you aware of any evidence concerning china stealing u. S. Civil Nuclear Technology and diverting it to its nuclear navy . Sir, im not personally aware of any instances of another nation stealing our Nuclear Technology and applying to their navy, including china. That may be happening, im not briefed on any intelligence that would implicate that. I think its wellunderstood that there is Cyber Espionage that occurs. We have concerns from time to time about our cleared defense contractors for example in their Cyber Security. I think Frank Kendall and at l is working hard to tighten that up as best we k. I was reflecting on this earlier we talk about Nuclear Matters. As a sort of graduate of the Navy Nuclear Propulsion program. One of the things that has intrigue said me intrigued me over the years, the element of Human Performance th
Its going to predict how it would react under a stress event. And so was the key one of the key issues is what how are investors anticipating this . Is this part of their Investment Strategy . And do prices reflect it, and do practice Risk Management practices reflect that . I think that there are two issues we have to separate as we address the questions you offered. Is there a liquidity crisis . The first is are we in the midst of a transition from one type of market to over. If over night, we say that ever bond dealer who works in a bank can no longer deal bonds, the next day it will be a little harder to buy bounds. No question about it, and sell them as well. But what will happen afterwards, the banks will sell their operations to hedge funds to other companies, to the employees themselves and theyll get reorganized to find the capital and make money, because there are opportunities to make money when people demand liquidity, by the way, theres no such thing anywhere of free liqui
Wouldnt a level Playing Field as you said from your testimony, we have concerns about things like there is a some Data Retention obligations and we think you could do it differently. There is a best interest contract framework and weve heard feedback from folks saying it is clunky and there is a more streamlined way to do it. We have a point of sale disclosure requirement and people have said that that is not necessary. And so what weve done in every circumstance when someone said that the best interest contract is clunky, our response is tell us how to do it better. How do we retain that north star of enforceable best interest contract and still get it done and that is the feedback weve been getting and it has been helpful. And youve incorporated it. We havent made final decisions yesterday. We wont put out a rule until weve gotten all of the comments. Im confident if history is a guide the final rule will be materially different than and better than the proposal because you have to b
Things to all view into and to our viewers at home. Dallas and oregon started arriving in the mail today. Dont forget to vote. Election day is officially november 8th. Thank you for watching. Good night. Long before arizona became a part of United States and is a part of first spanish and later mexicans to norad. Tucson was really the northern most community in the province and later the state of sonora. Commission was peace through deterrence. Our job was to project a credible threat, to be here every day demonstrating to the soviet union that even if they launch a surprise first strike against dance, we will be able to write that out and retaliate quickly and with enough force that we would devastate the soviet union, even if they launch their missiles first. Kkilo chain on h. R. News hosted a debate for New Hampshire where chris sununu is on the ballot against Colin Van Ostern. They were asked about college costs, opioid addiction and health care. This is an hour. Tonight, general E
Calcification galore and the enormity of the situation needs to be perhaps graphically shared. Under the city of albany, the capital of new york, which is part of the 20th Congressional District i represent, happens to lie 317 miles of pipe. Drinking water infrastructure. You know, you could travel from albany, new york, to baltimore, maryland, thats the sort of linear responsibility associated with that system. Should we anticipate rightfully, that there may be some bumps along the road of that 317 mile stretch in any given year . Absolutely. Lets think of it in those sorts of terms, so that we can have a better understanding and awareness of an aged infrastructure, which by the way is also accompanied by a discontinued inventory in many cases. Valves that are required are no longer manufactured. And so we have to come up with some innovative response when there is a break. And while weve talked a lot about capital improvements, capital infrastructure, physical infrastructure thats re