the job of the public accounts committee, a cross— party the public accounts committee, a cross—partywhat we have seen in the run—up to the march 31 deadline was bad decisions we re march 31 deadline was bad decisions were being made. seaborne freights being a very good example of that. a risky endeavour that turned out to do nothing more than actually have eurotunnel sue the government for £33 million. when we looked at that contract £33 million. when we looked at that co ntra ct we £33 million. when we looked at that contract we did not see what value that was going to give to the taxpayer. 0k, estates have been made in the past, you might argue. but do you disagree with the principle of setting aside government money in case setting aside government money in case there is a no—deal brexit? there is two things here. first of all, i believe that this is a prime minister who has not been elected by the people en masse, it was by a small number of conservative party members. he does not himself have a mandate and he is trying to implement a policy that does not have a mandate, whether

yes the public accounts committee had said, exactly that.ook at how this money is being spent and because there are things like we are announcing hundreds of millions of pounds to train 500 border officers in 90 days? so, i think public accou nts in 90 days? so, i think public accounts committee wants to scrutinise exactly where and how the monies being used, and yeah, that's what they will do. that's going to ta ke what they will do. that's going to take some time to come out though because at the moment government wa nts to because at the moment government wants to look like it's being serious about no deal because they think if they did not, then the eu may came on some of their own redlines. but it's coming across as something of a money pit, isn't it? it is there is no element to which one way or the other breaking up this relationship was not going to be costly because you need fresh infrastructure and taking on things like that terrace you have to administera like that terrace you have to administer a decent fresh water taxis and poli

already the public accounts committee, the watchdog committee of mps that monitor public spending, have are you going to spend £2 billion in such a short space of time and it is actually taxpayers' money being spent properly? will it be used efficiently and effectively? this was the labour chairwoman of the committee. we have the collar touts, this is bluster, megaphone diplomacy, spending taxpayers money like water to do so, i'd we will be looking closely to see what the taxpayer gets from this. it is a taxpayer gets from this. it is a taxpayer that is funding it identified there is just taxpayer that is funding it identified there isjust money, you have to prepare for no deal, but if thatis have to prepare for no deal, but if that is still on the table, that is a political choice, so it is irresponsible to prepare for the pickle choice, but it is a lot of money and i am yet to be convinced this will actually deliver anything long—term and meaningful for the british taxpayer. the calculation from ministers as this is not just the calculation from ministers as this is notjust about repa

the public accounts committee of mps are already suggesting that they may carry out some sort of investigation border staff, how can you do that in three months if you have got to advertise, recruit, train and deploy them? they question whether this money is actually being properly planned for in terms of achieving the sort of outcome is the government have set themselves. i suspect the biggest row may come with the simple fact that boris johnson has said earlier this week that it johnson has said earlier this week thatitis johnson has said earlier this week that it is a million to one chance we will leave without a deal. why then are you spending £2 billion on a million to one chance? this was the answer this morning from the chief secretary, rishi sunak. it is myjob to make sure we spend taxpayers money wisely. the good i'iews taxpayers money wisely. the good news is a lot of this money, a lot of this investment, is for things we need to do in all cases because we are leaving the european union. that means leaving the single market and the customs union and changes to how we trade, what happ

when the public accounts committee look at it, the lord's economic committee, treasury select committeeter, we have had a parade of transport secretaries to say it is fine. hs2 has only got this far because it has been lobbied for by the people who want to build it. there is a multi—billion pound industry behind hs2 that needs this project completed. they don't care how much it is going to cost. from their point of view the more it goes over budget the better because the more money they will make. thank you very much. a body has been found during the search for a child who fell into the river stour at sandwich in kent. six—year—old lucas dobson has been missing since last saturday. kent police said the body has not been formally identified but lucas' family have been told. the man accused of murdering pc andrew harper, who was dragged under the wheels of a vehicle in berkshire last week, has appeared by video link at reading crown court. pc harper was killed last thursday evening in the village of sulhamstead while responding to reports of a burglary. jed foster denies any involvement i

committee. motion is made and seconded. board questions? public comment. those in favor of adopting item 13. say aye. we will go to item 15. >> advisory services and managed accounts have long been considered. in 2009 the plan entered into an agreement to offer a computerized advisorvis. it was never executed. a lot of change over the last years. participants are moving from a to b accumulation and people are living longer than expected. the adoption of the accounts has been rising. they are showing retirees are better served when given advice on draw down strategies. we expect to provide the services to voya. the proposed record-keeping fee is dependent on offering the services. everyone would benefit from lower pricing along with an additional level of services. option services include professional account management and participant investment advice at no additional cost. the details are before you. it should be noted the managed accounts pricing offered is the most competitive in the industry to date. staff worked closely with voya for those in goal maker. this is designed specifically for the plan by financial engi engines called future ready model portfolios

but in another matter a committee fails to account for 80% of its expenditures, you would agree in that comparison the administrative violation creates a greater threat of public harm than the substantive violation. it's because of wrestling with these distinctions that we would like to contemplate discretionary factors, as opposed to a different approach to setting priorities, which might be to assign greater care to certain kinds of violations, as opposed to others. we think that using discretionary framework is the more suitable way to go. it's also the case, just to close that point, that we certainly acknowledge the feedback that we've received from the commission about maybe the disproportionate number of disclaimer settlements that we bring before the commission. one reason for that is those are proceeded through the fixed penalty policy and they require relatively little investigation and far fewer resources than other matters. but we could at the same time envision a disclaimer case which, like the record-keeping case, creates a greater threat of public harm. certain disclaimer cases can be, for example, dark money cases. committees may fail to disclo

committee's leadership on this issue. >> do you think it's fair to say democrats have done enough on the accountability and oversight front as far as the public'sor do you accept some of the criticism that's coming, hey, you guys need to do more, you're not doing enough. what would you say to some of that criticism? >> we absolutely have to do more. and we have to do more unfortunately every single day as we learn more about what's going on, you know, you brought up the border wall. there are multiple outrageous pieces of conduct that emerge from that story. he's dangling the pardon power to encourage people to commit wrongdoing potentially. he is potentially violating environmental rules and regulations. he may be trampling on property owners' rights. >> that's a lot of potentially and maybes. how are you going to find out, right? >> yes. and that's why, you know, i think that it's so important for us to investigate, have hearings. if they don't cooperate in producing evidence and documents, then we have to issue subpoenas and go to the courts. i think in the courts we are seeing that they are upholding our right to oversight as they have for

public. ,hile optimizing capacity efficiency and security of our nation's there towards. -- our nations airports. we stress financial accountability. we are grateful to the united states congress and particularly this committee for the trust that you place in us. exceed available resources but the fund that you provide are crucial to keeping our nations airports as save as the airways that connect with -- connect them. the airports that we help to -- then represents importance of infrastructure to our nations economic well being. we work closely with airports operators in the planning and development programs. table --e issued a total of $3.46 billion in airport funding including a portion of the fiscal year 28 team supplemental fund. and fiscal 19 we have processed grantsan $2.4 billion in including additional funds from the supplemental program. we also continue to improve safety through inspections, through site visits and the runway incursion mitigation program. through construction, procedures, and signage and marketing changes we were able to reduce runway incursions by 93%. we could not compass this work without our highly skilled special force. they, too, depend on resources that allows them to perfo

accountability, and administration include more than 70 books book chapters, articles, reports and other publications. prior to entering academia in 1991 he served as counsel to the house judiciary committeesubcommittee on courts and property and the administration of justice. under chairman robert w kasten meyer. professor jay has both his ba and jd from the university of wisconsin welcome professors. welcome back home. we welcome all of our distinguished witnesses and thank them for participating in today's hearing. before proceeding with testimony i hereby remind each witness that all of your written and oral statements made to the subcommittee in connection with this hearing are subject to penalties of perjury pursuant to 18 usc section 1001 which may result in the imposition of a fine or imprisonment of up to five years or both. please note that each of your written statements will be entered into the record in its entirety and accordingly i ask that you summarize your testimony in five minutes. to help you stay within that time there is a timing light on your table when the light switch from green to yellow you have one minute to conclude your testimony when the light turns red it s

public while optimizing capacity, efficiency, and the security of our nation's airports. we also ensure environmental we also ensure environmental responsibility and financial accountability. we are deeply grateful to the united states congress and particularly this committee for the trust that you place in us. the needs far exceed the available resources, but the funds that you provide are crucial to keeping our nation's airports as safe as the airways that connect them. the nationwide system of airports that we help maintain represents a critical safety net which is part of why the united states has the safest air transportation system in the world. they are also crucial to our national, regional, and local economies. understanding the importance of infrastructure to our nation's economic well-being, we work closely with airport operators and their planning and development programs. in 2018, we issued a total of $3.46 billion in airport improvement funding, including a portion of the fiscal year 2018 supplemental funds. in fiscal 2019, so far, we have processed more than $2.4 billion in grants, including additional funds from the fiscal year 2018 supplemental program. we also continue to improve safety through inspections of certificated airports through