Everyone with us. Always when we do public events, we have a little safety and and. I am responsible for your safety tonight, so if i ask you to follow the instructions, please do that. The exits are right behind us and i will take care of h. R. Mcmaster first. He does have other people here to help him. [laughter] i will come back for everybody. The stairs will take us down and the we will make to left and get to the street and across national geographic, i have ordered ice cream and we will thing a song of praise. [laughter] will happen, but i used be ready in case i ask you to do something. This is an extraordinary evening, and i want to say thank you to general mcmaster who gave us the opportunity to celebrate this 70th anniversary, a remarkable institution, the National Security council. You have before you for gentlemen that have been National Security advisers. I have about three or four more in the audience, i could not get everybody on the table, but we have remarkable talent.
The American Enterprise institute. We have a very interesting policy session entitled, how has a decade of extreme Monetary Policy changed the Banking System . We have a panel of experts, but before we introduce them let me set the stage. The financial crisis changed the Banking System. Resolutions that happened in the crisis integrated commercial and investment ranking like never before. Createdsolutions todays too big to fail institutions. The fed became the lender of first resort instead of the lender of last resort. Temporarily nationalized the Banking System in congress. Assed the dodd frank act it gave regulators extensive new powers and responsibilities over the Financial System. Deposit insurance limits increased by factor of two and a half. Triggeredope recovery fed stimulus which created massive bank reserves, which required new fat operating procedures. This morning we will discuss all these changes with a panel of experts. And instead of me introducing the panel, i am going
Out in deadwood we heard about the avocado pelting story. Really injured. In a world where amazon is buying whole foods what happens to costco, and what about those costco retisry chickens. You guys talking about it. Is that enough to keep the big box customers coming well tell you what the wall street is saying with costco down 2 . Two words on costco, fresh fish friday. Very enthusiast. Thats what i live for. Activist investor going after the parent of saks saying hudson bay should stop trying to get the deal won with Neiman Marcus and macys theres a better way to inlock the value. And well discuss stragt in a first cnbc interview with Jonathan Litt. We begin with word out of the white house. Kayla touch covering the tech sim mitt and ooemon javers with more on russia threatening to target the u. S. Over warplanes in syria. Ceos of the Largest Tech Companies in the world, alphabet, microsoft, ibm, adobe are meeting today at the white house to modernize the governments infrastructure
Jobs doing security. Watch on cspan and cspan. Okay and listen using the free cspan radio app. On the other hand, you know, you hear those in the administration arguing, there are actually signs that the Pressure Campaign they have been pursuing is working and that north korea clearly feels squeezed by this. As a Senior Administration official told me last night they feel theyve made more progress on north korea in the last few months than the u. S. Has made in decades. So where does that leave us and who should we believe, and what options are there now to counter proliferation and to address grievous Human Rights Concerns about north korea, to counter the norths growing cyber threat . Well, were going to try to tackle some of these tough questions today and thankfully we have a panel assembled of some of the top experts in each of these areas. Tom is the assistant secretary of was assistant secretary of state for democracy human rights and labor under the Obama Administration from 20
Todays event will be live streamed and i encourage guests here and on like to join on todays conversations on twitter and you can find that at fdd. Also a reminder to please silence your cell phones this morning. I am pleased to hand over the conversation over to todays moderator on the associated press, josh lederman. There are actually signs that the Pressure Campaign they have been pursuing is working and that north korea clearly feels squeezed by this. As a Senior Administration official told me last night, they feel they have made more progress on north korea in the last six months than the u. S. Has made in decades. So, where does that leave us . And who should we believe . And what options are there now to counterproliferation and to address grievous Human Rights Concerns about north korea. To counter the norths growing cyber threat . Well were going to try to tackle some of these tough questions today and thankfully we have a panel assembled of some of the top experts in each o