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Businesses. Here we are. Thank you. Good morning, everyone. It is a pleasure to welcome you all on behalf of the brookings institution. Cornell law school and vanderbilt law school. We are incredibly delighted that you have joined us today in person as well as online. Talk with u. S. Financial system, given that it is outside of a Holiday Weekend and you guys are here to talk about the Payment System, i think it is safe to assume you are here for a completely full on nerd experience so that is exactly what we are here for. Deeply desperately needs it. It needs your ideas, it needs your policie...

The highest kind of mankind, i thought, was private equity. Then i started interviewing. I learn how leaders make it to the top. I asked him how much she wanted. I did not negotiate, did no due diligence. David i asked them how theys to how they stay there. Over the past quartercentury, the most successful sports owner in the world has been robert kraft. He has taken the new England Patriots to six super bowl championships, with the help of tom brady. I had a chance to sit down with him at Gillette Stadium to talk about how he has been so successful as a Sports Team Owner and also infighting i...

Thought, was private equity. Then i started interviewing. I learn how leaders make it to the top. I asked him how much she wanted. I did not negotiate, did no due diligence. David i have something i would like to sell over the past quartercentury, the most successful sports owner in the world has been robert kraft. He has taken the new England Patriots to six super bowl championships, with the help of tom brady. I had a chance to sit down with him at Gillette Stadium to talk about how he has been so successful as a Sports Team Owner and also in fighting antisemitism. When you bought this team ...

Decades, i have been an investor. [applause] the highest calling of mankind, i have often thought, is private equity. And then i started interviewing. I have done some interviews. So i know how to do some interviewing. [laughter] i asked him how much he wanted. He said 250. I did not negotiate. I did no due diligence. David i have something i would like to sell. [laughter] you do not feel inadequate being only the second what these men in the world right, . [laughter] robert kraft has taken his team and tom brady to the super bowl. I sat down with him to talk about how he has been successful b...

Im sorry were a few minutes late in the beginning. We did have a vote in the floor and in the middle of it a colloquy concerning our schedule. This time i recognize myself for five minutes for an Opening Statement. Good afternoon and a warm welcome to each of our witnesses who are going to join us today. We are here on what has turned out to be an oabsolute lee gorgeous day in washington d. C. But were here to talk about an ugly, sorted subject. And that is online sex trafficking. Or its the name of as the organization describeds it more bluntly, slavery. As the stings continue to proliferate,...