it will take one cyberattack to undermine our trust in financial institutions. once that happens, it will take more than hearings, legislation or policy changes to restore that trust. i look forward to hearing all of you address these issues, thank you all for joining us. >> thank you, senator brown. we'll move to our witnesses and their testimony. we have with us five excellent witnesses and i will introduce mr. nelson, mr. daniel and mr. venables and senator brown will introduce our two witnesses from ohio. >> mr. bill nelson is president and ceo of the financial services information sharing and analysis center. also known as fsisac. did i get it right and has held such a position since 2006. it's a nonprofit association dedicated to protecting the global financial services industry from physical and cyberattacks. its members include organizations, from banks, credit unions, security firms and insures companies. mr. michael daniel is the president and ceo at the cyberthreat alliance. cta was formed in 2014 through an informal agreement to share intelligence am

today financial institutions deal with third, fourth and fifth-party risk. in addition to vendor risk, most institutions struggle to secure resources and talent. experienced cyber professionals are in high demand. often small firms turn to third party providers to meet those needs. there is no one size fits all solution so i will focus on three areas where e.y. belve risk can be mitigated. corporate governance and risk management, the aicpa cyber reporting framework and policy solutions. ultimately the board is responsible for governing a company's risk appetite and providing credible challenge to management. by doing so boards help protect investors and enhance the company's v and performance. banks use a three lines of defense risk management model. the larger ones are adopting this model for cyber. e.y. considers this a best practice. increasingly regulators, investors and others want financial institutions to build cyber resiliency strategies int the three lines. another challenge is understanding and communicating about a cyber's program's efficacy. whi

, those institutions, democracy-promoting institutions, those still exist. and they're still funded by the u.s. government. and the democratic one and the republican one, they do still have loose affiliations with the two main political parties in the united states. but they don't do particularly partisan work. the national democratic institute which still exists and the international republican institute -- still exists -- and still do kind of non-partisan hard work around the world of promoting small d democracy and promoting the institutions of civil society that any culture needs in order to have a functioning democracy. and you might imagine that is a sensitive and controversial issue, right? particularly in countries where the government doesn't really want democracy infecting the way they're ruling their people. it was meant to be provocative and controversial from the outset when regan announced it. and it -- that's proven to be true over the years. but the institutes still exist. the efforts, the american efforts still exist and persist around the w

we also have institutions this branches.h no is the assessment area for those institutions? >> i will make sure that you that there is discrimination in our society in this regard and that you don't water down what limited protections already exist. welcome. i will follow up on a couple of questions. one was by senator warren regarding the case it was brought against onewest. for alleged discriminatory practices. a hud still engaged in investigation of the complaint? are you referencing the hud on financial freedom where onewest bank paid a fine? >> i am referencing the case that was brought with respect to the alleged discriminatory lending that was referenced by senator warren earlier. >> i don't know if that is a hide issue. the accusation by community groups was that onewest bank when you look get our fair lending data that we had out of proportions for the community. i don't have it in front of me. i was less than a hundred mortgages that they used to base that data on. areas butw in certain it's not like you had a statistically relevant population. .hat was not a hud i

felton institute case management program, 621 gary boulevard in richmond. they have one case manager that then will serve 55 consumers annually. participants of felton's case management program benefit from access to multi-lingual staff. and a variety of other senior and disability services and networks with other providers, to assist their case management consumers access a full range of needed resources and referrals. thanks for your consideration. >> president serina: thank you. any comments or questions from rick from the commission? comments or questions from the public? hearing none, call the question. all in favor? any opposed? thank you, the motion carries. em q. requesting authorization to enter into a new grant agreement with homebridge, inc., for the provision of case management services to seniors and adults with disabilities for the period of july 1, 2018, to june 30, 2021, in the amount of $328,578, plus 10% contingency, total grant amount not to exceed $361,435. welcome back monte. motion to discuss? thank you, monte. >> homebridge is located

and during their time, the state institutions have degenerated. a case in the supreme court with the former prime minister, and the court, the chiefjustice in the supreme court said that all state institutions have collapsed in pakistan. this is what has happened in the time these two parties have been in power. you are talking about the ppp, the pakistan people's party, the party led by bilawal bhutto, the bhutto family, and also the ruling family, the pakistan muslim league n, and you are referring to nawaz sharif, the former prime minister. they may have been discredited in your eyes, but nevertheless, in orderfor you to do better than these two parties in the election, a march gallup poll puts your party, the pti, at 24%, and the ruling plmn at 36%. so you have a huge mountain to climb to do better. uh, zein, these surveys are quite misleading. i mean, if you look at the election which david cameron contested in england, they were supposed to be level with the labour party and there was a landslide victory. so, this is what might have been, th

augusti institutions affecd as smaller and medium size?larger institutions probably have better infrastructure for it but have more complicated systems. if you are a large financial institution this has grown to or various different regions in the world you may have different systems that other lways talk it even perfectly. don't always match up. certain u try to get transactions and look at it across the globe sometimes there glitch or gap in some transactional information. for a large lt institution it can be quite a challenge. or smaller institutions it is hard because it does require so uch just to do this in a plain way. if you have any sort of do trade d product or transactions there are documents that might be on paper still or of the names may be embedded in document and it is in an easy feel to see and address. for both there are issues. >> does technology help? >> technology is working. that sort of how can we make it better. if you think of the massive information that goes through large financial institutions in every does and

it doesn't stop at destroying bad customs in institution but erodes these customs in institutions but the family could stand the problems of capitalism pretty well but the other part that comes partly from his protection is this romantic thing where the way we teach western civilization today and the way we teach american history today is this fascination of all the negative stuff. howard is open about this. >> host: the author of the people history of the which one of the most assigned. >> guest: most wily history texts and it's a deliberately logical reading of the nitrate that suggest that from its very origins the government was more oppressive that it was liberating. >> host: it was systemic persecution. professor brown. >> guest: he says the right my perspective history from the save of the carolinas from the women here in the coalminer here in the areas they are and it's always these guys who are the victims. and the problem with teaching that stuff. but here is the thing about switching people's perspective on this. yes, it's usually important to talk about how we had slavery

iam institutions and the proper way to do things. no.ons and respect the norms, that would be i stand next to the attorney general, but given the circumstances and her compromise, if i kept at the institution i cannot do it the normal way. there is nothing normal about this and as a servant i had to do something i knew would be bad for me personally, not to step away from the attorney general and speak as we speak together but separately. you didn't just choose to break the rules, you also explicitly blamed mrs clinton for what you called extremely careless behaviour is in a way that, again was unprecedented, because here you are declaring no charges we re here you are declaring no charges were to be brought and normally, and are due process in the american system, if no charges were to be brought you wouldn't go on to detail her misbehaviour is and again, the inspector general says this violated long—standing department practice and protocol. only in this respect. you are right that in the normal case on the close an investigation we sa

and the institution did.how big would that be? part of the reason is, the lies that are being told about the organisation. the fbi was on hillary clinton's side? that's the allegation. you have to check that with hillary clinton, who thinks that the fbi cost her the election. you're going to lie, you have to lie about all the facts. we were the referee on the field of a better match. everybody ended up mad at us, but because we were doing ourjob without regard to either team. a final thought, which is a big thought about the faith americans have in their government and their institutions and the degree to which they can trust them. how much damage has been done? significant damage, but not long—lasting damage. the great thing about america is its values are so deep and strong. no president, no party can screw it up in the time they hold power. we've been through this before. we've progressed, we've retrenched. we will be ok, so long as we continue to talk about the values that matter to us, and rise above the

other institutions play that role. but if you just take it as the human species, and this is not our natural environment. our natural environment for 200 years to 300,000 years, fighting for food, killing each other with spears and rocks. we wanted an apex predators until fairly recently. if you take a jar of an indian dump it on virgin soil come on some alien planet, and the ants will instantly start behaving like him. he'll set up colonies, whatever ants do. if you take humans and clear them up all of our civilizational education and put them in their natural environment, we wouldn't be having conversations about books or podcasts. we would be teaming up into billions of troops, defending ourselves against animals. that is what our nature is. he had these kids are the pinnacle of civilization when you put them in an environment, they start becoming attacking each other. that is humanity. if capitalism or national natural. if democracy were natural, they would've showed up a little earlier in the evolutionary record t

but i think, you know, it's not inconsistent to be using these institutions to advance, so, the institutionf free speech, we've fought for years to protect that right in a defensive posture, when it was being-- when the government was targeting first anarchists and then communists and then civil rights activists and women's rights activists and the like and ultimately we won by a, you know, by achieving very strong rs amend protections in this country in a series of decisions in the 1970's, but it came from 50 years of organized, engaged battles for-- to protect an institution that was in the constitution to begin wibut dn't mean what it needed to mean until people fought for it. so, i think, you know, i think it's they're part and parcel of the same thing. >> vanita. >> i would add, returning back to my first point, for a lot of folks, for communities of color, the institutions, you don't want to just overly romanticize institutions either. they have failed a lot of communities over time and we just have to-- we haven't-- but that it's always, it is the struggle that we find ourselves in r

but the institutions that support our democracy. our political institutions. the institution that you will be entering into as workplaces. keep up that drive, keep up that energy. continue to embrace community over division. sharing your experiences through protests, you have broken -- spoken truth to power. you have given voice to the voiceless and our society. and then you have done something that is the hardest thing to do all. you have stepped back and relinquished the platform and listened. listening is something hard to having aou are used to megaphone. i know because i'm a teacher. those of you will have , an --sly been excluded you understand how hard it is to get others to listen. if you have learned that lesson from your experience here with activism, i want you to learn to listen. ways, this is the hardest thing to do. important,s the most it is what really does bring about community, and it is what will ultimately about change. not i know that you have one -- won all of the fight he took on. i know that feeling. me, you have left your mark on this

it is easier for institutions.t the same time, it is difficult to find out where some of this is going. to sell the ftc a week ago really is a helpful guidance which will make it easier for institutions to get exposure. a lot of it comes down to reputation management and as a firm, we have our board and legal staff to find out what assets we want to leave it to. we offer three assets on the consumer side and a very wide array of assets on the institutional side. caroline: we will see how you continue to grow. great to have you here, peter smith, ceo of blockchain. -- companies are gaining on regulations. many looking to get in on the action, including snoop dogg's venture capital firm. abigail doolittle spoke with -- canopy'se managing director. focused on the cannabis industry, so we have been around for a couple years. we made a number of investments in companies that support the industry and we are excited to continue leading the way forward in this space and today, we are announcing that we are leading a invest

institutional. on the other side, institutions saying a new class.at in the least risky way? joe: i am sad to say that my inbox is not become any less bombarded with companies and their press releases about some new blockchain anchored i'm hoping for that to quiet down. is anything real happening right now or is it still just press releases and experiments? >> no question there is a lot of hype. things going some live. but there is the ratio of these. certainly a lot of headlines. and recommend our clients their. joe: thank you very much. scarlet: coming up, and internal harvard review suggests that be admittedan would more if it was just based on academic performance. this is bloomberg. ♪ julia: it's time for the bloomberg business flash. a snapshot of some of the biggest stories in the news today. weigh murdoch will comcast's $65 billion bid on wednesday. the board must decide. they have already agreed to sell the assets to disney. disney still has the right of refusal. at&t is renaming timer -- warnerg time warner, media. the company took over tim

only about 1% of assets under management by institutions overall.nd this is according to eric's book, which i stole from liberally. it is a pretty small proportion. i was pretty surprised, i thought it would be closer to 5% or 10%. why so small? kat: i think there are two things there. one, these active managers are using etf's as part of their portfolios. we would not expt them to be a massive part of their overall weighting. also, those assets are actually fixed income, so when you think about the fixed income market, the fixed income etf market, we still call it the whiteboard. we are seeing fixed income investors starting to use etf's, but it is still in the early days. we look at it as a positive that the overall number right now is kind of small, because we think it is going to grow dramatically. scarlet: right, the growth opportunities are therefore huge. i want to ask about consultants. there is a question what kind of role they play, whether they are responsible for a slower adoption rate of etf's. because a lot of institutions use consulta

that support our democracy, our political institutions, and the institutions that you will be entering into as workplaces. so keep up that drive, keep up that energy, keep up and continue to embrace community over division. sharing your experiences through protests, through teachins, you have spoken truth to power. you have spoken truth to power. and you have given voice to the voiceless in our society. and then you have done something that is the hardest thing to do of all. you have stepped back and relinquished the platform and listened. now listening is sometimes hard , to do when you are used to having a megaphone. i know because i'm a teacher. ,and those of you will have previously been excluded, and those of you who have been previously been excluded understand how hard it is to get others to listen. if you have learned that lesson, really only one lesson, from your experience here with activism, i want you to learn to listen. in some ways, as i say this is , the hardest thing to do. really is the most important. it is what really does bring about community, and it is what will u

to build. —— institutions.r infor the province we have been in power in forfive years, the province we have been in power in for five years, every service... we have the best police. the reason is that we have isolated it from political pressure and brought in merit. as a result, the police, the professionalism of the police, it has gone up. and the police most hit by the taliban in 2013, with almost 1000 police killed by the taliban. it was devastated. today it is the best. crime and terrorism has come down. i am saying parties that destroy institutions, history tells us destroy institutions, history tells us they can never rebuild them. you bring up your influence in kp, which party the pti has held in the last five years. let me tell you what an opposition member in the national assembly said about this. he said you had a chance to implement your agenda during the rule in kp but missed a big chance. he talks about creating 10 millionjobs in the province, but he has not even been able to create 5000 during hi

we have institutions that have no branches. i think we have to look at what were gonna call those. >> i will make sure that you understand that there is discrimination in our society in this regard and you do not watered-down but limited protections already exist. >> senator van hollen. >> welcome, so i'm in a follow up on some questions. one was by senator warren regarding the case that was out against one west for alleged discriminatory practices. to your knowledge is hard engaged investigation of the complaint. >> are you referencing the hud on the financial freedom? >> i am referencing the case that was brought with respect to the alleged discriminatory lending that was referenced by senator warren earlier. >> i don't know if that is a hud issue. one west bank when you looked at effectively a fair lending data, we had out of proportions for the community. i think it was less the 100 mortgages that they use. it wasn't a statistical relevant. we were low in certain areas but it's not like you had a relevant population in the

mparing institute on aging that ss 220 clients and 28 ients. for the elderly i'malking about o2 clients, ok? and the difference is like i calls, institute on aging per client costs 7,741. self-help for the elderlys 5897. i'm just wondering why there is such a big direpancy. >> so i think, ah iou thinkave the right sort of initial, initial perspective of it. looki a likea widget production economics thing. but whate h t o ou challenges on the oe on aging to balance cos providing servicesraphcally and diverse population possibl so, we do that by contracting with ancs through t city wav difrentgtpoputionsd eciaspies ahi that. and when you bring in alldiffen sudden the costs are different from one agency to the ne and so 's, that's a g somepleeoillave long-termysho have ee there very long and are salaries thange younger staff, the beginning. people own their ownuilding or e their rents and costs are lower. some people, institute on aging went an built their own buildings so they have a he in the city for awhile. soo balance a those. now, when we go

so what does it mean when words have meaning and institution matter? others not have a lot of compunction? maybe that isn't a fair characterization but i think it is exhausting trying to advance your interest with those institutions that really do matter. >> does anybody want to take a crack? >> in the playbook with respect to have 50 votes with the supreme court of the united states but with that filibuster that is the end run around and you have to have 50 votes. with the united states the cream court. but the way it has been handled you can filibuster it is a big problem because judging on ideology in the law school for decades and now the ultra right wing take this message to say put in the right judges and justices and that christian message or whatevit religious identity through our constitution and it is a very dangerous trap. but it is important to honor our traditions and constitution where the balance of power is an to confirm judges and justices and by the waanswer the question if they cannot they will be weighed which is 45 years old as a p

one is institutions trying to set up so they can trade, and institutions wanting to trade. you are seeing more of the former than the latter. i think you have to see the market reverse before you see more of the latter. caroline: where do you think that will pick up most? you have so much activity in china. opening an exchange in japan. where do you see demand inbound coming? peter: mostly inbound coming from london and new york. which partly is probably because we are in london and new york. and partly that is where the big financial markets are. most of the inbound right now are either from really large family offices or macro hedge funds. and so it is really limited in new york and london. you are not seeing a lot of institutional demand out of asia. most of asia is very retail-driven. indeed, a lot of the market today is very retail-driven. caroline: when you are based in new york and london, how do you see the regulatory environment? your offering end to end, you'll not just be offering access to cryptocurrencies but give access to ico's. when i talk of ico's, i think

we're taking institutions with long and distinguished histories, institutions we need, institutions we rely upon, and we're applying scrutiny, review and inspection. we're testing, we're probing, we're challenging, we're even criticizing, and we're doing this because we need these institutions to be above reproach. we need them to be respected and trusted. we need them to be above bias, taint, and prejudice. we need these institutions to be fair, just, even-handed, proportional, and wholly immune from the vagaries of politics. that's what we expect and demand and need from the department of justice and the fbi, and those expectations should be consistently exacting, because the power we give prosecutors and law enforcement is an awesome power. the power to prosecute, the power to charge, the power to indict is the power to impact reputations, it is the power to deprive people of their liberty, it is the power in some instances to even try to take the very life of a citizen. and we give police and prosecutors tremendous powers. and with those powers comes a corresponding expectation of

the lower end of institutional leading larger. >> in terms of institutional demand, what have you seent did you see as bitcoin tested its year's lows >> again, i think that the institution ral world is looking at this. if you look at most of the people who manage head funds in the crypto space, they're not people like you, they're not capital markets people, they're engineers, computer cientists, they haven't managed 350e78's assets and they feel like in the huj fund mood i can grab one of these funds or launch my own and i would have a -- advantage given the fact that i already have institutional customers. >> great to have you with us. >> thank you. >> crypto king of wall street. >> i mean, look. >> what have you seen in terms of your interest >> it e's interesting i brought up the asia part of it and what we have seen is a lot of demand coming out of asia and the feeling is this is an asset class. it's something we want to have some portion of allocation and the institutional demand is probably the family office high net worth. i agree with bart. if we can get retail money and fidel

those institutions. how did this whole process evolve? is anybody remember that cnn coverage of that funeral when died?ng-il "threey people have seen faces of eve"? joanne woodward, cadmium award winning performance, 1958. i think it was a great movie. if you look at that, there were eight people on each side escorting kim jong-il's body. kim jong-un was one of them, there were seven others. out of those 7, 6 have been purged or reassigned. those were the main guys. most of them are not there anymore. at least not in key positions. 2013,3, the whole europe passive purges occurred -- the whole year of 2013, passive purges occurred. kim jong-un's uncle by marriage was purged and then executed. i will talk about his execution and the lovely way it happened in a couple minutes. let me remind you of how powerful kim jong-un is or is not. a good friend of mine who is a korean scholar, he and i were talking at a restaurant. my wife was there. -- pad thting peptide ai. said, the next leader will be weaker than k

so it is easier on institutions.the same time, it is really difficult to figure out where some of this is going. the sec a week ago released some helpful guidance which i think will make it easier for institutions to get exposure. at the end of the day a lot of it comes to reputational management. as a firm, we lean heavily on our board and legal staff to figure out which assess the want to commit to with a long-term. caroline: that was blockchain ceo peter smith. he always has a healthy dose of reality. when it comes to the hype around crypto, the prices surging. it is interesting his take is institutional interest is still nascent. perhaps we will have to see recovery and prices before they really get involved. emily: it has been fascinating to watch this bitcoin roller coaster, rising over 1000% last year, down more than 50% this year. is it the result of just bad news or negative sentiment piling up? caroline: both. i think the effect that social media has blocked advertising has not helped. i think the fact that

we defend the institution of the bill of rights.e defend equal ection we defend the freedom to speak. we protect due process. these are fundamental institutions that need the defense of the people. they need the defense of committed citizens. they're not -- you know, they're not self enforcing guarantees. and that is much of what we do. we are a defensive organization. that's in part why so many people have come to the aclu in the wake of president trump's election because they realize the need for a very strong defense. but i think -- you know, it is not co institutions to advance. so, you know, the institution of free speech we fought for years to protect that right when the government was targeting first anarchists and thecounists and then civil rights activist and women's rights activists and ultimately we won by achieving very strong first amendment protections in this country and in a series of decisions in the 1970s. but it came from 50 years of organized, engaged battles to protect an institution that was in the constitution

the recognition that there was a need for institutional change, in order to get that institutional change, there were groups in society who had to mobilize. you had the rise of trade unions, the rise of new political interest groups, and i think that is the sort of pattern we are going to be looking at here. of the think in terms interaction between work and the welfare state and technology it looks the same then as it does in, but i think that pattern which we see, as ed did a good job pointing out, people become unhappy and begin mobilizing for institutional change. that's exactly the set of steps we will be working through over the next few decades. mr. levine: we're talking 1892 the beginning of world war i. mr. avent: and thereafter. i think you could include the interwar period, the pressure to create social security, the welfare state policies, that whole period is really the one we're thinking about. time,ot a short amount of but that's how long it takes, i think, to arrive at a consensus about what actually should happen, what sort of institutions do need to be in place to develo

glickman: in our institution, getting money and security. we are a jewish institution in a city that is always on high alert. mr. rubenstein: when are your hours? mr. glickman: we open from 10:00 until 6:00 most days. we have extended hours wednesdays and thursdays, sunday's as well. we are not open on saturdays. we are closed for shabbat. mr. rubenstein: the name, african-american history and cultural museum. that is a mouthful. is that the name you thought would immediately be the name? mr. bunch: congress. blame that on congress. then came back and said, here is the name. we have been trying to find ways to shorten. the smithsonian likes to use initials. i don't let them use ours, because somebody said to me, you're nahmac. sounds like you stepped in . we just say the museum. mr. rubenstein: how did did you organized who got to speak, organize who got to speak and who did? mr. bunch: opening the museum was a piece of cake. figuring out who got on the stage, i wanted to have president bush and president obama. president bush was the first

from the hudson institute in washington. this is 50 minutes. >> welcome, everyone. i'm eric brown. i work herethe ititute and want to welcome all of you as well as our c-span viewers for our discussion this hour with ambassador nathan sales who is the state department coordinator for counterterrorism and counter and violent extremism. there s-i think a basic consensus that the struggle with violent extremism is at its core an yilgiccal one and we need buel supported civilian allegations, strategies and programs to compete in that space. over the years the practice ofc thichks. cde has had some important successes and high-profile failures. thoughtful defenders as well as thoughtful critics. there's a vigorous and healthy policy debate in and out of e athlete we're contending of with, what more needs done with our allies and friends around the world, the effectiveness of our capabilities and over what in the end realistic success in the political and ideological study looks like. the ambassador is here to speak about the administrations policies on cde. he is a noted lawyer, score a

multilateral institutions and is from a german point of view. disastrous germany responded to this tack on multilateralism by presenting more europe presenting her vision for the e.u. merkel proposed giving up nonpermanent national seats among you allies in favor of european seats in the security council it's all appearances it's of on them with the e.u. nations still refusing to agree amongst themselves that they are all in the same boat when it comes to foreign policy michael has a lot to prove in new york. the question now is whether germany will be able to translate its considerable soft power into more than just words at the u.n. security council expectations are high if germany fails to deliver it may end up weakening the very multilateral institution it set out to strengthen as it moves from the deal because when it comes to phenomena in washington welcome constant. this is a two year term what will germany need to do during this time when germany will definitely try hans to make this institution the united nations work as germany in gene

institutions for quite a while. the fbi which is here in d.c., and a large part of my presentation and what i wanted to speak about today has to do with crimes and how spanish officials have been investigating kleptocracy but at the grassroots, in other words, the civil guard and the national police. since the '90s, these officers and agents have been concerned and were smart enough to realize that there was a problem that came from the savage years in russia, so-called, it's the '90s, presidethe 1990s and the citizens were optimistic. they thought that they were being freed from oppression, from the soviet union and they went from this happiness to real poverty. the russian people have incredible intellectual richness and we see this at every level and we see this through objective data. and, of course, we should admire that. but then there's a series of people who are brazen and have no shame and this is certainly not a compliment, although, i don't think it's exactly an insult, either, because i like to avoid ins

welcome to the stimson institute. i'm charles davidson, executive director of the cleft talk receipt initiative and we are extremely honored to be hosting josc gonzalez who has come from spain to visit us for a couple of days . this event here and the various other things going on in town. he is living an example of what can be done and i don't want to say more about him by way of introduction because he's going to speak about what he has done and what is going on in spain in terms of the work that they are doing so i don't want to spoil that in any way, shape or form. i would like of course is a very brief word about the talk receipt initiative and how this fits into where we are now . it is almost exactly 4 years since we started this effort here and initially, the issue was helping to make people more aware of the problem. the kleptocratic threat and the export of corruption and collect talk receipt in the west is something that was over there and it was a problem that wasn't generally recognized in the policy comm

faust made history when she was appointed president of one of the most prestigious and storied institutions in the world, becoming the first woman president of harvard university. a civil war historian and author, faust le led the university for a decade, tackling immigration and same-sex social clubs and raising record amounts of capital, all while fighting to prove that an ivy league education is worth the rapidly rising costs. as she passes the torch to her successor, faust opened up about her most recent and next chapter. joining me today on "bloomberg studio 1.0," outgoing harvard president, drew faust. you have been president for 10 years and this is your last year. how do you feel? is it bittersweet? drew: i feel good about it. i think that jobs like a presidency have a certain rhythm. you move through an agenda and accomplish things and work together with people. it is good to have fresh eyes and somebody with another agenda, carrying -- you hope -- carrying your agenda forward, but nevertheless bringing new approaches and energies to it, so i feel terrific about what we have been a

for-profit institutions. more trade school types. but you got to create people with a skill set to be able to deal with this new economy and very much on the electronic side with computers. we have computer training classes and things like that you have to build a society up and basic education and we have been very successful in that space. robert: we have been working and looking at opportunities with opic. again, close education around health care provoiders and also many of the partners or the clients of opic, too, not even with us, are social enterprises. they are not always for-profit companies. they are nonprofits that have created social enterprises. sustainable deliverers of services and many are in the social service sector too. frank: thank you very much for your question. i very much like to thank both of you and senator coons for leading this conversation. it is beyond inspiring to hear places where there is a real sense of momentum and agreement and bipartisanship. especially in something that is so important as this. w

instituted three instance at the free university of berlin always great to have your analysis. deutsche bank shares were down at a historic low on thursday after a downgrading by u.s. federal institutions came to light according to the wall street journal the downgrading actually took place a year ago first the federal reserve labeled the banks and u.s. businesses troubled this in turn causing the u.s. federal deposit insurance corporation to put deutsche bank on its list of problem banks those with weaknesses in danger being their financial viability the revelation comes amidst the bank's restructuring efforts. a corruption scandal is rocking kenya twenty four of the country's highest officials are accused of misappropriating funds with seventy million euros and this court proceedings on fold more and more don't details are coming to light and people taking to the streets in an angry response it's mostly the young people in kenya who are angry kenyan police have arrested the head of the government youth organization with legibly stole the money the funds were slated for financ

often through bilateral institutions. while we have seen improvements in certain tuitions, for far too long we have waited all that progress comes to slowly or in some cases, never comes. too many commitments have gone unfulfilled. president trump wants to move the ball forward. from day one he has called out institutions or countries that say one thing or do another. that is the problem at the human rights council. as president trump said at the general assembly, it is a massive source of embarrassment to the u.n. that some governments with egregious human rights efforts sit on the human rights council. we have o'dowd that there was once a noble vision for the council. -- we have no doubt that there was once a noble vision for the council. there are now a poor defender of human rights. worse than that, the council has become an exercise in shameless hypocrisy, with many of the world's worst human rights abuses going ignored and some of the series offenders sitting on the council it self. and aly thing worse council that

copyright national cable satellite corp. 2018] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] >> interested in american history tv, visit our website, c-span.org/history. ,ou can view our tv schedule preview upcoming programs and watch college lectures, museum tours, archival films and more. american history tv at c-span.org/history. so this is a house that belonged to a family who lived in fayetteville, arkansas in the 1850's and 1860's. they were here during the civil war. they experienced the war. they loved fayetteville. when the war came, it just changed everything. we are at headquarters house and fayetteville, arkansas. it is the home of the washington county historical society. they purchased the house in 1967. the house was built in 18 53 by jonas tebbit. he was from new hampshire, but he had come to arkansas in 1838 to study law and van buren. and he passed the bar was traveling the law circuit, he came to fayetteville and he happened to meet matilda winlock. he and matilda winlock got marr

either way, it is not a cce pta ble institutions.t have the power—sharing institutions. you and i agree on that. and you just suggested that in your view, the dup, the unionists spent on this is connected to brexit. let's briefly talk about brexit. is that you set aec brexit as an enormous opportunity for sinn fein, in that if you are your cards right, whatever happens with the brexit deal, it seems likely that it is going to raise new questions, new challenging questions about the possibility in the long—term, of a united ireland. is that your agenda here? are you playing brexit because you see it as an avenue to restart the debate about united ireland?” think undoubtedly brexit places the issue of the partition of ireland and the irish borderfront and centre. of that there is no doubt. brexit is a disaster, brexit is a tory conceived vanity. it was something that was pursued with reckless abandon, irrespective of the consequences, it seems to me, for the island of britain, but also with a wilful disregard of the island of ireland.