Increased its payroll by 2,000 jobs. However, this firm has been inadvertently caught up in unnecessary s. E. C. Registration because with sbic assets undermanagement being counted, it exceeds the 150 million exemption threshold we established in doddfrank. Without undermining the key Systemic Risk and Investor Protection requirements, we established under doddfrank, h. R. 432 provides escalot Capital Partners and similarly situated sbics with targeted relief. So i applaud the bipartisan coauthors and urge members to support this bill. I will reserve the balance of my time. The speaker pro tempore the gentlewoman from california reserves the balance of her time. For what purpose does the gentleman from missouri seek recognition . Mr. Luetkemeyer mr. Speaker, i yield as much time as he may consume to the gentleman from new jersey, mr. Garrett, the member of the Financial Services committee and distinguished chairman of the subcommittee on Capital Markets. The speaker pro tempore the gen
Hold two hearings that focus on the two major pillars of our agenda. Tomorrow well hear from the Service Chiefs on repairing and rebuilding our military. Today, however, well concentrate on the other pillar, which is defense reform. Weve done a lot of reform over the past two years. That includes acquisition reform, a new military retirement system, major changes in military health care, commissary reform, a rewrite of the uniform code of military justice as well as significant organizational reform. While a lot has been done, however, a lot more needs to be done. The world around us is simply moving too fast for us to sit still and assume that the organizations and processes of the past will suffice for today and especially for tomorrow. Yes, we all have an obligation to see taxpayer dollars are spent as efficiently and effectively as possible, especially in fulfilling the first job of the federal government which is to defend the country. But we all know from the news and from our In
The subcommittee will come to order. Our minds are elsewhere because of what happened at the baseball practice field menn of one to once again mention those two Brave Police Officers ever injured with a member and former member of the staff so we do not forget them and we wish there full recovery. Still with that be welcome secretary chao with fiscal year 2018 budget secretary chao comes to this position with frankly one of the most to impressive records of Public Service having served as chair as the Maritime Commission the department of transportation director of the peace corps not to mention in leadership positions in the private sector and not for profit you have large and complex organizations were fortunate to have somebody of your expertise and experience and knowledge facing deity as we face some challenges but nobody is more prepared than we have agreed to come back to Public Service has to always have. I work look forward to working with you to maintain the safety of our Tra
The subcommittee will come to order. Our minds are elsewhere because of what happened at the baseball practice field menn of one to once again mention those two Brave Police Officers ever injured with a member and former member of the staff so we do not forget them and we wish there full recovery. Still with that be welcome secretary chao with fiscal year 2018 budget secretary chao comes to this position with frankly one of the most to impressive records of Public Service having served as chair as the Maritime Commission the department of transportation director of the peace corps not to mention in leadership positions in the private sector and not for profit you have large and complex organizations were fortunate to have somebody of your expertise and experience and knowledge facing deity as we face some challenges but nobody is more prepared than we have agreed to come back to Public Service has to always have. I work look forward to working with you to maintain the safety of our Tra
Cspan programs are available at cspan. Org. It is on our homepage or video library. Secretarysportation alain shout testifies on a president s 2018 budget request and other priorities for her department. From houseuestions members about the president s plan to privatize the nations air Traffic Control system and reductions to transportation projects. This is two hours. The subcommittee will come to order. Before i began, i know that all of our minds are a little bit elsewhere because of the incident yesterday at the baseball practice field. I just wanted to, once again mention how all of us are whip,g for, obviously the steve scalise. The two Brave Police Officers along with a member of the staff and a former member of the staff who were injured. We cannot forget them and we do not. We wish their full recoveries. With that, this morning we welcome secretary chao to testify for the department of transportation 2018 budget. I dont have to tell any of you that secretary chao comes to this