mr. isaacson, we have touched base with the consumer finance protection bureau. the majority of our focus has been with the federal trade commission and the irs. the irs has put out youtube and i will take any television interview in front of me, not because i am a ham, but because i believe of would protect one taxpayer that is a good day for us and i am so happy about this hearing because i'm hoping that this will also get the word out. so when you get those calls please hang up the telephone. >> i hope director core droit will be as aggressive and protecting people from tax fraud as he is from other fraud. ma'am i noticed in your testimony that a member of the medical team at fort benning stole the edification of a number of soldiers at fort benning and tax fraud was perpetrated against them. did you coordinate once that was determined? that they need to watch out for those who take advantage of their position with the government to steal identity of soldiers. >> i joined -- >> your microphone. >> thank you, i joined the department two months ago. i was not in

mr. isaacson. we had touched base with the bureau and we will include them. a majority of our focus has really been with the federal trade commission and irs. the irs has been putting these out. i myself have been interviewed and i will take any television interview that has been put in front of me because i believe in my heart that if you protect one taxpayer have these horrific stories that is a good day for us. i am so happy about this hearing because i'm hoping this will also help people board out that if you get those calls, please think of the telephone. i really appreciated and we are trying to work with that bureau. >> i hope they will be as protective as protecting from tax laws as other parts of the society. i represent georgia were for bending is located -- were for bending is located. -- ford benning is located. did you word out to dot that they need to watch over those who take advantage of their position to steal identity of our soldiers? >> i joined the department -- yeah, ok. you are the question. i joined the department two months ago, so i w

mr. lewis does. michael: some people, walter isaacson himself, he is a good friend. we grew up in new orleans. he was seven years ahead of me. i was told i should grow up to be like walter isaacson. when i wrote, "liar's poker," he said i should write a book about a great man. i didn't know where to begin. even though i was told by walter, no less a person than walter, it just didn't catch. it does not interest me. maybe it is egotistical. maybe i don't want someone else to take over my book to the extent that would. charlie: give me the one person who would most likely attract you. michael: if you put a gun to my head and said, you have to write a biography? charlie: come on, you know what you would say. michael: obama? charlie: i don't know. michael: there is nobody i would want to spend that amount of time on. charlie: no athlete, president cultural figure? michael: there are a lot of books i would love to write that sound like biographies. peyton manning. i would love to spend a season with him, his last season with the denver broncos. just about the way someone can essentially think their

isaacson. >> thank you, mr. chairman. general allen, thank you for your service to the country. i followed you closely on tv the last couple of months and i think you've done a great job. we're operating under the 2001 aumf is that correct? >> that's correct. >> would it be fair to say that the one the president sent to us to consider is actually eliminating aumf compared to the 2001 authorization? >> it is specifically intended to deal with the threat of isil, that's correct >> but it's limiting in the authority of the president would have primarily by the interpretation of the enduring phrase, is that correct?? >> enduring and the expectation as he's described it in the proposed legislation on the size and kinds of forces that might be applied, measures that might be applied, is that correct? >> i voted for the 2001 authorization when i was here. it came on the heels of 9/11/20109/11/ 9/11/2001. it was passed at a time when americans had flags raised and the patriotism in our country was at an all-time high, at least in my lifetime and my memory. are we going to have to wait f

isaacson. >> thank you, mr. chairman. general allen, thank you for your service to the country. i followed you closely on tv the last couple of months and i think you've done a great job. >> thank you, sir. >> we are operating under the 2001 amuf, is that correct? >> that's correct. >> would it be fair to say that the one the president sent to us to consider is actually eliminating amuf compared to the 2001 authorization? >> it is specifically intended to deal with the threat of isil, that is correct. >> but it is limiting in the authority of the president would have primarily of the interpretation of the enduring phrase is that correct? >> enduring and the expectation as he's described it in the proposed legislation on the size and kinds of forces that might be applied, measures that might be applied, is that correct? >> like senator markey, i voted for the 2001 authorization when i was here it came on the heels of 9/11/2001. . it was passed at a time when americans had flags raised and the patriotism in our country was at an all-time high, at least in my lifetime and my memory

isaacson. >> thank you mr. chairman. thanks both of you for being here. i was a real estate guy in 1986.ompany. so i have a question for both of you. first of all thanks for being on the nine who voted against selective treatment in terms of passing laws. i think that's right, both of you voted against that if i'm not mistaken. but looking in a rear-view mirror, had some transition been applied to those investments made prior to ' 6 so that the tax treatment could have continued, and the tax treatment on passive laws been prospective rather than a claw-back did you ever think about doing that, or if we go into something again could we do it that way? >> we did not think about it at the time. he's absolutely right, if there is an industry that we hit, it was real estate. we drove the s and ls out of business who were one of the principal financers of real estate. we did not do it retro -- we did it retroactively. we found passive losses in such a grievous way for rich people to shell their money and pay very little taxes that we got rid of it. but senator you're absolutely right. the real

isaacson. >> thank you, mr. chairman. thanks both of you for being here. i was a real estate guy in 1986. and had a development company and a brokerage company. so i have a question for both of you. first of all, thanks for being on the nine who voted against selective treatment in terms of passing laws. i think that's right, both of you voted against that, if i'm not mistaken. but looking in a rear-view mirror, had some transition been applied to those investments made prior to '86 so that the tax treatment could have continued, and the tax treatment on passive laws been prospective rather than a claw-back, did you ever think about doing that, or if we go into something again could we do it that way? >> we did not think about it at the time. he's absolutely right, if there is an industry that we hit, it was real estate. we drove the s and ls out of business who were one of the principal financers of real estate. we did not do it retro -- we did it retroactively. we found passive losses in such a grievous way for rich people to shell their money and pay very little taxes that we got rid o

. >> senator isaacson and -- >> thank you mr. chairman. this is my first time publicly to be able to acknowledge the great contribution of senator mccull ski to public health in american and i just want to publicly thank her for all these done. it's been a pleasure to serve her on this committee. dr. hamburg, senator burr is right on target and this is a long lead up to a question and i apologize for that, but it's a very important question that needs to be answered. you made a reference in your statement some blame the lack of investment and bio technology on the fda and you refuted that, but investment follows certainty and certainty follows regulatory processes that work, so i find it troubles the fda has so much difficulty working through the regulatory process and last year's user fee bill congress directed you to fix the problems that have affected manufacturers and suppliers of medical gas. that was a year ago, yet we're still waiting on a report and some say we're heard there's resistance in the agency to doing so in issuing new re

mr. ambassador, appreciate your good work and we look forward to continuing to work with you. >> >> isaacson coates and carter. >> thank you very much, mr. chairman, and i want to join the praise to you for your consultation with us, your working with us. the open way that we've been able to work together and share views and share the challenges we have on the trade agenda. so i very much appreciate the manner in which you have involved us in the process. as chairman hatch pointed out, we have a challenge. and the challenge is that tpp is so far along the way, normally we would've had a tpa enacted. we would've voiced our negotiating objectives. you would have come back to us with consultation on those trade objectives, negotiating objectives. and we would've had a chance to adjust our expectations along the way. well, tpp is so far along the way that becomes somewhat awkward whether tpa really will work in the way that it was intended to work with congressional input. i mentioned that because you know my number one concern. my number one concern is in tpp that tpa has very strong negotiatin

walter isaacson how crucial is this launch for mr. cook and what are your thoughts on him?nk tim cook has shown that he has his own mind. i mean tim cook is a fitness person so you look at this watch, i'm looking at the beautiful thing on the screen the heart is beating, and i don't think steve jobs ever got up at 5:00 a.m. to spend an hour doing a workout, but tim cook understands health understands fitness, and so i think his mark is on this. i also think this is something i certainly want so i really do think this is going into the luxury good business it's going into an intimate new type of appliance and as you said the enormous am of appnumber of apps that are going to be developed. it was 2008 that steve jobs opened the app store. if it's taking care of my parking meter for me keeping track of my heart rate if it's making sure that uber is getting there on time these are things we never thought of five or six years ago. imagine what we're going to think of five years from now that people are going to be able to do with this watch. >> you and i were talking about this

. >> senator isaacson and -- >> thank you, mr. chairman. this is my first time publicly to be able to acknowledge the great contribution of senator mccull ski to public health in american and i just want to publicly thank her for all these done. it's been a pleasure to serve her on this committee. dr. hamburg, senator burr is right on target and this is a long lead up to a question and i apologize for that, but it's a very important question that needs to be answered. you made a reference in your statement some blame the lack of investment and bio technology on the fda and you refuted that, but investment follows certainty and certainty follows regulatory processes that work, so i find it troubles the fda has so much difficulty working through the regulatory process and last year's user fee bill, congress directed you to fix the problems that have affected manufacturers and suppliers of medical gas. that was a year ago, yet we're still waiting on a report and some say we're heard there's resistance in the agency to doing so in issuing new r