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
Afternoon on the pluto flyby this week. Officials were released more pictures and discuss the new horizons space craft. That reading is at 1 00 eastern. This weekend, politics books, and American History. Wrote to the white house coverage features nearly all the president ial candidates and begins tonight in iowa. At 8 00 eastern, were live from cedar rapids iowa for the Democratic Party hall of fame dinner. All day saturday starting at 11 00 eastern, were live in ames iowa for the family leadership summit. A little after 8 00 p. M. Eastern. First, senator Lindsey Graham and then Ohio Governor john kasich it on book tv, were live from new york city for the 17th annual harlem book fair with author talks and panels on economics, africanamerican identity, and race and politics. Sunday night at 10 00, and coulter says the greatest issue stating the u. S. Is immigration. On American History tv on cspan3, were live at the warren g. Harding symposium for modern first ladies. Speakers include
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
Those algeep blooms. A lot of work is needed and i appreciate the gentleman rising tonight and i know you have gotten the corps attention as you have gotten our attention and we will work with the chairman. And i yield back. Mr. Simpson i appreciate the gentleladys comments. We need to work with the e. P. A. In trying to address this issue because it is a lot broader than most people think. So i yield back. The chair the gentleman yields. The question is on the amendment offered by the gentleman from florida. Those in favor say aye. In the opinion of the chair, the ayes have it. The amendment is agreed to. Pursuant to the order of the house of today, it is now in order to consider amendment number 35 printed in house report 115259. For what purpose does the gentleman from washington seek recognition . Mr. Peck i have an amendment at the desk. The chair the clerk will designate the amendment. The clerk amendment number 35 printed in house report 115259, offered by mr. Heck of washington