sec. mayorkas: to the best of my knowledge, it's over. so, you know, quite frankly, i have said publicly a number of times that i did not allow it to distract me. that was actually sincere. i focused intensely on my work throughout. in a week where it was an issue of greater prominence in the life of the department, i might have spent 20 minutes on it. i really just focused on my work. it had its impact on loved ones. david: so it is behind us now. as will rogers once said, and paraphrasing him, the country is never safe as long as they house is in session, right? so you never know, but it may never come back, right? sec. mayorkas: one would hope not. david: ok. so, let's us talk about the border. it appears that there are a lot of people coming in over the border. this is obviously one of the subjects that some people wanted to impeach you over. is it really that we are getting more people coming in over the border illegally or is it just the appearance of that? sec. mayorkas: oh, no, the

sec. su: chairwoman fox. rankinmember starts and members of the committee. thank you for the opportunity to testify today on president biden's fiscal year 2025 budget request for the department of labor. as the acting secretary of labor, i get to travel the country to et with workers like maria. a single mom who was living paycheck-to-paycheck, worried about how she was goi to get by. she went to her local social services office to apply for medicaid and s.n.a.p. benefits and that's is where she saw a flyer or a job-training program in the pipe trades. today maria is in a good union job and she has quadrupled her income. what struck me about mariah was not just how much a good income met to her, it was the pride she found him putting in hard days work in a hard days work and getting rewarded for it, and the pride she saw in her children's eyes. it is undeniable. good jobs change lives. our $13.9 billion budget request will help more people like mariah get good jobs that can support familie

sec. mayorkas: i want to differentiate because we are in a political environment that demonizes individuals encounters at the border. there is a vulnerability to painting with a broad brush people coming from the united states -- to the united states. so i want to be insistent on separating drug smugglers from individual seeking asylum or even, if they don't have a basis to remain in the united states, seeking a better life. the number of encounters have been well published this past month. we had about 134,000 encounters this past month. david: since the beginning of the administration is it millions of? sec. mayorkas: several million people. david: there was legislation in the house. would that have solved our problem had it passed? sec. mayorkas it would have been transformative in managing the number of people we would have encountered. we would have taken the seven plus year timeframe between the time of encounter and final adjudication and reduced it to as little as 90 days. that cha

explain the significance of this sec decision in particular. greg: it means the sec can no longer take cases when it accuses somebody off route and seeks damages, cannot go before one of its in-house judges. the sec already scaled back doing that because this and other court decisions were the handwriting on the mall. it will reduce the sec's ability to reduce its leverage to get big settlements. this is a ruling that will not just affect the sec, it could affect a couple of dozen agencies that have similar systems that can sometimes go before administered of law judges, sometimes go into federal court. now they have to go into federal court. sonali: explain the system by which other agencies would be affected by rules like this? greg: what the supreme court said was the constitution's seventh amendment protects a jury trial in these situations. it is a kind of claim that used to be brought under so-called common law, where a private litigant will have the ability to go to court, the supreme court said the sec or other agency still has to go to

sec. mcdonough: thank you very much. congratulations on the new assignment, senator boozman, thank you. i am willing to put my prepared remarks into the record and get straight to your questions if you are all amenable to that. we can go straight to questions. sen. baldwin: thank you. i really appreciate that. we will start with a round of five-minute questions from the panel. stay within the five minutes. i will start with the first round of questions. your models project that utilization of v.a. health care relies but the discretionary funding for v.a. health care is below the levels from fy '23 even including mandatory health core funding is $4 billion below fy '24. one are the current spend rates in fy 2'4? do you expect to be on target for fy '25? sec. mcdonough: we anticipate spending about $140 billion on health care out of that account in fy '24. all in fy '25 the budget is $150 billion when you count are various funding streams, collection, carryover currently about $12.7 billion.

sec. stoltenberg: secretary blinken, thank you for your kind remarks and thank you for your su in different ways. thank you also for your strong commitment to the nato transatlantic alliance and thank you for your tirel to end the suffering in the middle east. nato was founded in washington 75 years agoce has been the ultimate security guarantee for all our members. =$$ together, we prevent war and preserve peace. being nato, the u.s. has 31 friends and allies. together, allies represent half of the world's economic and half of t world's military might. advancing u.s. interests and america's power. nato makes america stronger. yesterday, as you mentioned with presi bdent nato allies are making major increases in defense spending. this year, defense spending across and canada is up 18%. the biggest increase in decades. 23 allies will meethe target of spending at least 2% of gdp on defense. this is more than twice as many as just four y since 20 14, the love and canada have added over $640

sec. gen. stoltenberg: sec. gen.in■essouth q -- north korea demonstrate and confirmed up close alignment between russia and iran. , and this also demonstrates that our security isot■á regional, it is global. what happens in europe matters in asia and what happens in asia matters for us. it is clear in ukraine where hina are propping up in fueling against ukraine. so these -- we can divide security into regional theaters. it doesn't work anymore. these challenges together.and, also concerned about the potential support that russia provides to supporting missile and nuclear programs. we see how much military support russia gets from north korea but also from iran and how china is their war economy. this is also one of the reasons summit next month, we will partnership with region, australia, new zealand, south korea and japan, also to address the fact that the challenges that we see in asia and the asia-pacificre directly linked to the challenges that we face in europe. )i also fully agree that china cannot havet bo wa

sec. gen. stoltenberg: sec. gen.ch agree with the secretary and what he has stated. which includes visits to south irmed up close alignment between russia and ultra-authoritarian states like north korea, but also china and iran. not regional,ns in europe matters in asia and what happens in asia matters for us. it is clear in■n ukraine where iran and north korea and china are propping up in fueling russia's war of aggression against ukraine. so these -- we can divide security intoio theaters. it doesn't work anymore. , therefore, we need to address these challenges together. we are, of course, also concerned about the potential support that russia provides to north korea when it comes to their missile and nuclear programs. we much military support russia gets from north korea but this is also one of the reasons why at the nato summit next further strengthen our partnershipith our partners in the asia-pacific zealand, south korea and japan, also to address the fact that see in asa and the asia-pacific are directly link

sec. mcdonough: senator, thank you for the question. i could not agree more strongly with you about the importance of state veterans homes. that is why the bias in funding streams -- more so than the commercially run veterans homes and long-term care facilities. among the things we are doing is up to 65% of the cost of facility construction, remodeling grants and nursery grants -- i will come back to that in a second -- medical sharing arrangements with considerable cost sharing when we can get our personnel into those facilities to care for vets and continued clinical care education. as you pointed out, the per diem has increased 7% in 2023 and another 7% in 2024. higher than our increases for other similarly situated programs. nevertheless, i agree with you that there are big challenges especially in two areas. one reason we are hearing from other states they are closing if they do not have the staff. because of veterans they are getting are requiring more complex care. the greater fundi

sec. gen. stoltenberg: sec. gen. stoltenberg: i very much agree with the secretary and what he has stated. which includes visits to south -- north korea demonstrate and confirmed up close alignment between russ and ultra-authoritarian states like north korea, but also china and iran. , and this also demonstrates that our security is not regional it is global. what happens in europe matters in asia and what happens in asia matters for us. it is clear in ukraine where ir and north korea and china are propping up in fueling ia's war of aggression against ukraine. so these security into regional theaters. it doesn't work anymore. everything is intertwined and therefore,e we are, of course, also concerned about the potential support that russia provides to north korea when it comes to supporting missile and nuclear programs. we see how much military support m iran and how china is propping up their war economy. this is also one of the reasons wh the nato summit next month, we will further strengthen our partnership with o

sec. blinken: with the families of the american hostages in gaza. i wouldthem when they visited washington. it is an incredibly powerful thing. it is hard fourselves in their o feel what they have been feeling they were at the rescueostages e of days ago but they continue to enduring separation from theirs loved ones. men and women, civilian and soldier, alieceased. but for me, all of the our eighn families with loved ones in detg them home. proposal that president biden put forth is the best way to do that. as i said yesterd, country make that clear and supported the proposal. yesterday the united nations security council speak to the entire international community made it as cle be that this is what the world is looking for. 14 votes for, no votes against. something quite rare at the security council and that speaks everyone's vote is in except for one vote and that is hamas. that is what we wa for. it is on hamas to move forward with this proposal or not. clear what the entire internati

sec. of commerce. i do not think it is an exaggeration to say the department of commerce right now is more central to our national interested than ever. it is responsible for a broader than ever set of priorities. your department is at the forefront of critical efforts, driving american competitiveness, american national security, american technological leadership. you are responsible for an awful lot, overseeing billions of dollars to help expand access to broadband, maintaining export controls to protect our national security, identifying weaknesses in our supply chains, providing accurate and reliable weather forecasting, bringing good jobs to distress communities. the chairman just mentioned the re-compete program, and i am interested in that. conducting an accurate census, advancing the trade interests of american businesses, and leading the way on safety and development for critical and emerging technologies like artificial intelligence, and that is just a sample of your highest prof

sec. blien i just met with the families of the american hostages in gaza. i would be happy to meet with them when they visited washington. it is an incredibly powerful thing. it is hard for any of us to put ourselves in their shoes, to feel what they have beenling these many long months. awaited at the rescue of four hostages just a couple of days ago but they continue to feel deeply and powerfully this enduring separation from their loved ones. men and women, civilian and soldier, alive and deceased. but for me, all of the hostages, especially our eight american families with loved ones in gaza, we are determined to bring them home. the proposal that president biden put forth is the best way to do that. as i said yesterday, you have had country after country make that clear and supported the proposal. yesterday the united nations security council speak to the entire international community made it as clear as it could be that this is what the world is looking for. 14 votes for, no votes a

sec.not sure how far down you want to probe on that. on the health- side we have an office that is trying to provide data on what we are seeingito heat and making that available so people can havestant surveillance. we have agencies that would ugh our medicaid cms team . they would probably are providing servicesork with r state services to provide services. we would be working with you team to make sure we are opeeurbing those resources cold in the winter months or the hot summer months. if we can follow up with your team on any particular questions you. >> thank you. >> governor little. >> mr. secretary, thank you for being here. the new rules are being implemented for long-term care and nursing facilities. it'a no you have the supply. i realize it is at more non-rural areas and rural areas at different rates. ever since covid, this country'. we started a pro one out of 10 of my high school seniors signed up to be in the health care field, which is really amazing. what i need his help an

sec. su: there was never a point where there was not an attempt to recover the payments. let me state first, there were no money paid to anybody should have received it. second is the money has been returned. the third point is that the pbgc has taken steps to make sure that all the records that were submitted -- chairwoman foxx: you are not telling me what role you played. sec. su: this is a little bit technical, so bear with me for a moment. when the money goes to the central states, the central states have a fiduciary duty over that funds. the department of labor issued an analysis. chairwoman foxx: we are not interested in the processes that worked on. we want to know, and i will submit this as a question and you will need to answer specifically what you did in terms of getting back taxpayer dollars. sec. su: i can answer that. chairwoman foxx: i have other questions i would like to as the milk. in september and again in november, chairman good and i wrote to you expressing concerns ab

i very proudly my career as a 12 time ncaa all-american, a five time sec champion, the sec record holder in the 200 yard butterfly and making me one of the fastest americans of all time. two time olympic trial qualifier and sec scholar athlete of the year. as community service leader of the year. but again, all of that, to reiterate, it's a lifelong journey and one that wouldn't have been possible without. title nine's implementation just over 50 years ago. my junior year in college, i placed seventh in the country in the 200 yard freestyle. i set a goal right then and there to win a national title my senior year, which would mean becoming the fastest woman in the country in my respective event. but in march of 2022, at our national championship caps, we were faced with the situation prevented that dream from becoming a reality for many girls. that national championship wasn't for females, but instead for anyone who merely claimed the identity of a female. this didn't seem fair to me. for many reasons. so many reasons that don't have time to outline all of them in brief speech intended t

sec.: i really have nothing to share on that. we have a diplomatic conversations that will remain just that, diplomatic conversations in private. reporter: former president trump's trial was defined by his efforts to castigate and delegitimize a court of law. doesn't that give you pause about how the biden administration has responded to another court of law, the international criminal court, as well as the international court of justice regards to gaza? senator blinken: i won't comment on the first part of your question because as i have long said, i don't do politics, i do policy. been very clear.the icc we the decision the prosecutor made was, in our judgment, profoundly wrongheaded. and, in creating equations between hamas hamas's leaders and israel's democratically elected leaders, as i said, and we have said, it is quite frankly shameful. the reality is the court was created for a very good reason, to be a court of last resort. where a country either could not or would not effectivel

how would you say sec. is a projection. -- i would say that is a projection. >> and the last question. >> you've mentioned china and how they are propping up the russian war economy. without deliveries from■ china, russia would not have been able to conduct the war against ukraine the way theyis there ano about it and if yes what are you planning to do about it? sec. blinken: this is something ally after ally was seized with. we have■ already taken action against chinese entities that invasion and supporting russia's defense industrial base including sanctioning more than 100 chinese eitas necessary we o do that. from wha today, europeans are very seized with this and i would expect to take -- i would expect to see actions taken by europe. i come back to this proposition that is so clear. ru getting the support from china is a huge difference maker right now on the battlefield. for china to report to have better relations with countries in europe while fueling what i believe is the biggest threat and what e

the approval of the etf's by the sec was strong tailwinds for the industry and for us.ack to new york, the new york department of financial services have been one of the most successful state regulators in the u.s. that we have been working with closely the last couple of years. caroline: i am glad we are managing to interweave our politics intersecting with crypto in new york. great to have time with the fireblocks ceo. that does it for this edition of "bloomberg technology" from new york. do not forget to check out our podcast on the terminal and online, apple, spotify, iheart. from new york and san francisco, this is "bloomberg technology." ♪ chris counahan for leaffilter— the permanent gutter solution that protects your home in so many ways, it takes more than one chris to explain it. but together, i think we've got the job covered. like leaffilter's has your gutters covered. protecting you from getting up on this thing to clean out your gutters ever again. and you know how else leaffilter protects your home? with our lifetime transferable no clogs warranty. we'd be

it has not been filed with the sec yet. there is a lot of work to do.y they have two begin doing business, the investors feel good about this. sonali: what are they muscling in on? to your point about this being electronic, that is fascinating. you have seen these exchanges fight off the treatment they have gotten from new york, new jersey when it comes to data information and taxes. are there consents they might get in texas they might not have in new jersey or new york? julie: the paperwork has not been filed so i believe these companies think it will be easier to do business here electronically. i have been told the governor has been involved with this for some time. this is going to be no surprise to the government here. it remains to be seen exactly what they will run into but so far these investors feel good about this decision. sonali: julie fine, we thank you so much for keeping an eye on this and giving us a view from the governor's office. coming up next, we are going to talk about hewlett-packard enterprises surging to a record high on strong

there's some in salesforce right now and then suddenly they put out a 13f paperwork with the sec and say i've taken a big position. how is what he did any different from from that? >> liz, you hit this issue on the head and they're playing within the system and filing 13f. lauren: there's no ways for individual investors to file a 13f. there's no public way of file ago sort of retail investor 13f. >> my take on it is in show -- his presentation was for the regulators and plaintiff's bar. it's like i'm teasing you, outrebounded know, i'm putting out all the necessary disclaimers, but the people who really needed to be listening to him are those momentum followers that are probably going to process that important component of his cespedes san juaquin. that's what i'm -- message and he's looking at is he going to be sued? is there state consumer protection laws and bringing himself into this kind of focus and regulatory scrutiny. even if the sec has no basis at least under the securities law and i think there's a desire in the regulatory enforcement world to see if there's a response. l

it's a theory the sec could further try to extend.at is the purpose behind all of the activity? clearly he's benefiting financially. the real issue -- >> but, jacob, if he's going on reddit or another site and telling a bunch of friends publicly on a site like reddit that he's doing these things, does that constitute manipulation? >> if he's telling people in a public forum what he's doing, i don't know it would constitute manipulation, and maybe there's no change in beneficial ownership. that's something that the sec specifically looks at when its talking about stock manipulation, in other words, a person using multiple accounts to drive the price of the stock. this is a conundrum for the sec, because it's a unique phenomenon, and we are talking about the application of corporate fundamentals and technical trading. this is strictly momentum and social media. >> jacob, i am sure there are people watching us right now having this conversation saying, how are we even discussing this? this is happening every day on wall street. the big g

and, of course, listen out for any lines from the sec.hey do confirm that coming up, golden goose delaying its listing. we discuss that ipo or the ipo. that wasn't what derailed, at least temporarily, that public listing. stay with us. this is bloomberg. i can't believe you corporate types are still calling each other rock stars. you're a rock star. we're all rock stars. oh, come on, data driven insights. i'm a rock star. i'm a rock star. greatthank you! guys, can you keep it down. i'm working. you people are (guitar noises). hand over the air guitar. i've got another one. tom: welcome back to bloomberg markets. 11:47 a.m. in the u.k. and there was a decent session in asia in the u.s. session posting records on the s&p 500. futures are pointing to gains of a little under 0.1% and the nasdaq is looking at 0.2% when the u.s. markets return to trade thursday and currently closed for the holiday. the fx focuses on the pound with the strength there on the back of inflation that came down to 2% but only services remains sticky. it's fading some

when it comes to the sec approvals.nterested whether we get up ended with other types of spot etf's, whether we do this one and stop. >> vessel on top of mind. the sec a few weeks ago approve this special filing for the stock exchanges that allows them to kind of change their rules and list spot etf's but that's not the same thing as approving individual funds. although it is a necessary first step. so now the sec has the task ahead of them of assessing and approving the individual etf filings. so that's can take some time, the -- the sec garrett -- s.e.c. had gary gensler, you'll see the issuers take their filings and that process take some time and is already beginning to happen. so the timeline might be compressed from weeks instead of years or months. ed: thank you. coming up on the show. i took a ride in a robotaxi in las vegas last week and i was the first person to do it. more on that next, this is bloomberg. ♪ how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and d

for etfs on the way for approval bitcoin and'they are and -- ether and going for it and where is the sec lawsuit going against ripple stand? we can't ignore nvidia and continues to puff out its chest and this morning in the red and nvidia hitting another draconian day record and we're at 1,158 and change per share and gain of three quarters percent and ai case chip leader moves higher and amd and intel both debuted new semiconductors of the trade show in taiwan we've been telling you about and see them moving lower and advanced micro-devices moving down and intel down a percent and stock index down and remains lower by just under 1% s. that a sign that maybe for the moment investors are become ago bit inured to sighny ai objects and going for the tech sector and joining me is investment manager and cio eric friedmann. today pat gelfand data singer dropped a -- pat gellsinger drop adducesy and steep discount to -- dropped a doozie and the ceo jenson wang. woo we're not dependent on any specific chip and it's very clear that jenson is dominating this and liz: is that 472 billion in client

they get a letter from a sec a friendly civil letter they can't sleep for two weeks, how do you do it? that's one i have never been age to answer. i don't know. the reason i think i can do that is because i know how great this country can be. and it's so big. such an important thing i'm doing. i enjoy doing it. >> rachel: this is sharon from alabama. i think her question actually ties into what we were just talking about. how do you do this? i know you said before that you have been sustained by the prayers of lots of americans. i have seen pictures of people praying over you. >> it's incredible actually. >> rachel: her question is you have been faced with so much adversity and persecution for years. what's your relationship with god like and how do you pray? that's sharon from alabama? >> so. i think it's good. i do very well with the evangelicals. i love the evangelicals. and i have more people saying they pray for me, i can't even believe it. and they are so committed and they are so believing. they say, sir, you're going to be okay. i pray for you every night. i mean, everybody, a

the court also ruled yesterday against the sec's in-house judges which will limit not only the sec butey try fraud cases internally. now that has to go to a jury. we are seeing the supreme court with a conservative majority ruling against regulators. of course, the term is and over. we get more opinions on monday. katie: i want to ask. we talked about the epa. the implications. what about wall street? you mentioned the sec. what could this mean? kailey: it could change the way in which the sec is able to interpret its own authority. existing securities law has been on the books since the mid-1900s. they apply it to things like digital assets, saying that the laws do not need to be rewritten. it could limit the ability to do that unless congress rights more clear loss that could be interpreted directly, it could be up to the court discretion to read those vague laws. it could apply to the federal trade commission. the efforts underway to ban non-competes, for example, this could throw this into question. at the end of the day this takes a lot of discretionary power away from the regulat

and at that time the sec was winning 100% of their in-house cases.t do -- to say, look, we've got to do something to try to win because we didn't agree with their opinion on thing. charles: yeah. [laughter] >> you know, when you're boxed into a corner and you're facing -- there's no question we had zero question that that was going to lead to our loss and their win because they were winning 100%. charles: right. >> it's not like, oh, i'm deciding to fight. you're either going to fight or get punched in the face. and even though, you know, just the fight itself e wouldn't wish it upon my worst enemies. it's a very long, hard, expensive fight -- charles: well, george -- >> so i wouldn't wish it on anybody. charles: you know, listen, again, i think you've become a hero whether you wanted to be or not for retail investors and other folks when are fighting back against big, intrusive government where, you know, they are the judge, jury and executioner. to your point, our country was not established to be that way, and i'm glad we corrected a part of it ye

this will very much change the way in which the sec conducts force in and cases. we reached the end of the term here and not only does it affect the power to deal a blow in that case, but we are awaiting a verdict on the chevron doctrine. it gives agency to the likes of the epa. if they pull that back, it would restrict the ability of the agencies to do so. we are awaiting that decision, but it is not the only one. the supreme court has rejected what was in control of purdue pharma. they said they would give up control of the company to pay a fine. finding that it improperly -- we still have about 10. yet to be released final opinion. a lot of news from the high court in washington today. katie: a lot of news and a lot more to come. coming up, a packaged deal. a deal to become pressure. we will be speaking to howard coker, next. this is bloomberg. ♪ ♪ ♪ relax into a caribbean state of mind. visit sandals.com or call 1-800 sandals. katie: the industrial and consumer package announced it will i the kingmaker for nearly $4 billion. joining us on the news, howard coke

they had to submit new documentation to the sec. those came in around market close. two weeks and then we will know for sure when it will launch. ed: if we try and marry those points of discussion together, the outflow data from bitcoin and the lack of activity in gearing up for eth etf, is it a case of if i am an investor and open-minded to putting money to work in different places, i am holding out to wait for eth. is there a connection between flows and the anticipation of a new product? >> a lot of people i put money to work in the bitcoin etf's. are people going to say i would rather have an index, do i believe in ethereum more than bitcoin or bitcoin more than ethereum? we will see what the flows do. we had strong convictions the bitcoin etf's would be successful. still the numbers since they launched blue our expectations out of the water. we are about $15 billion. we thought that would be the first year of flows. it looks like -- we do not know what will happen but it will be interesting to see what people do when they launch. we view these things as satellit

second, the sec now has disclosure requirements for a publicly traded company.f security officers are under scrutiny and are being held accountable for fraud. fourth, we are seeing hackers actually tell the sec when they have created a material breach. as a consequence, we are seeing an enormous amount of activity in private markets. we have seen an explosion of startups. there is now over 10,000 companies that are trying to build new businesses to meet the needs of customers. at index, we focus on two primary themes. one, our founders that are obsessed with the problems of their customers. second our founders looking to build coherent forms to meet the needs of organizations. just as one example, to your point on summer, i feel like every single -- every small and medium business in the world should have insurance. without insurance, it is like going to the beach without sunscreen. you are bound to get burned with enough exposure. so we invested in the category leading cyber insurance company, coalition, which is addressing the needs of small and medium compani

. >>> we continue to monitor the scotus decision including one regarding sec enforcement.w from the supreme court for the security and exchange commission what supreme court is holding is that the seventh amendment entitles somebody being accused by the sec of a trial by jury, not necessarily an administrative procedure as the sec often does with some of these cases handling them sort of in house, what the supreme court is saying is no, if the sec is going to bring charges against somebody they need to do it in federal court and those people entitled to a jury of their peers. interesting note here, karl, not often you see the supreme court decisions go back to the revolutionary war, particularly on administrative and regulatory decisions but in this case they are citing the war against the british sand i say when the british attempted to evade american juries siphoning to juriless admirty and vice admiral and chancellory courts they protested and cited as a justification for declaring independence. similarly the sec, similarly to the british, should not be removing these c

they had to go through similar processes with the sec.thereum but we did not think it would take as long as spot bitcoin. spot bitcoin started early october and launched january 10. that is a three-month process. we think it should take less. all of these issuers submitted documents for registration, the last step in the process to get them approved fully, on may 31. there has not been movement as far as we can tell from the sec. the sec is in no rush at this point. i think it is unlikely it would take beyond the summer. we were saying that weeks ago. i feel it gary gensler saying that in front of congress did not give us more insight. but time will tell. caroline: the players are the same names we saw with the bitcoins bought etf -- bitcoin spot etf. is it matching slightly less demand? >> we think it will be slightly less demand, but you are talking about slightly less relative to some of the most successful launches across the world. even if you get 25% of the flows which is the range we are thinking, part of that goes back to the fact

this would enable researchers states to develop ai tools to bols sec security, enhance our economic competitivenessociety in numerous.o important for congress to pass my legislation with the an active bicameral legislation that somethi resource. a shared infrastructure to have the necessary resources to all sectors of our with human centered ai institute. 1 of the godmothers of ai. it is critical to ensure we develop ai that is safe, secure and trustworthy.■ and then to direct the national science foundation to stand up o make excellent progress in a short period of time and just st month making the firstg> 35 awarí1 of computational time to researchers across a variety of organizations and universities congress also needs to address the issue of ai generatedconteni proliferated online with th innovation of generative ai they can provide benefits and in hayes -- -- enhanceda creativity but also create widespread societal confusion as it becomes differentiate between what's real and significance consequences for democracy and e my bill will help solve the problem by directing to facilitate the devel

sec. austin: good morning, class of 2024. let's try thatin. [laughter] good morning, class of 2024 (202) 748-8903! ["godod morning sir"] that's more like it. it's great to see so many distinguished guests ambassadors, public officials. including governor wes moore. governor, i'm glad i'm not the only army guy here today. [laughter] let may also acknowledge a close friend and mentor of mine, admiral mike mullen of the class of 1968. [applause] admiral, congratulations on the naming of the future ddg 144 as uss michael g. mullen. vice admiral davids, family, friends, midshipmen and above all, the class of 2024. it is indeed an honor to join you today. it is great to be back at this ceremony for my second year in a row. so this is starting to be a habit. i'm just so happy you are eager to bring back an old west point guy. i'm gout of the way. for anyone who thinks the second installment cannot be as good as the first, just think of top gun: maverick. [applause] now, you should start getting used to to some new titles. congratulations and second l

rick perry is the former energy sec tourist and texas governor. welcome back, old friend this.tory. schumer and the democrats, who are's the deal that's why a federal trade commission and this lina kahn or however you pronounce it. an american bank company analyst of oil have commentary about opec and this guy sheffield would blast things out from newspapers and o peck seeing them like anybody -- opec seeing them like everybody else and schumer and the democrats and the federal trade want to criminally prosecute natural resources sheffield and maybe the rest of the ceos. what a terrific idea. what do you think, rick. >> we obviously are getting close to an election; right? big oil bad. anything to deflect from the policies of the biden administration and cost of energy is given at the heart of the economy and this administration has made really poor choices from the standpoint of moving an economy forward to placate the radical left environment so they have to have to win the election. they're losing the amount of people's votes and african american votes cpi they're sending ou

i introduced the artificial intelligence and bio sec act toe poia ai on america's bio security so congressssary interventions. congress cannot be complacent on these issues. obviously in outlining some of these challenges, much is at stake. we are facing a technologicalreo thintr internet for the invention of the smartphone. -- for the invention of the in this critical moment, it is important to be aware of what is at stake. we have to undand bo ai's promise and its peril, learn and develop guardrailsotect socd foremost without stifling our nation's greatest our people, and their innovative we have to work together to ensure we continue to innovate, ■■st competitive, protect consumers, protect our national security,r@ and guarantee everye can benefit from the tremendous promises of ai. we have to work with nations around the worldgovernance thatd respects the rule of law. i want to thank publicge again and again, not only for hosting this wonderful event, this important event, but for your extraordinary work and partnership ni entire service in congress. before my term isand my service in

former sec reof state -- secretary of state mike pompeo joins me know. you are seeing the president wander around alone away from everybody as people are falling out of the sky. does not give you confidence that he has this world under control? >> it's good to be with you and thank goodness for prime minister who grabbed him and kept him from walking off completely. it certainly doesn't give any american confidence and the contrast between seeing president biden unable to perform basic functions to keep america safe and we know the policies have failed. i think the american people, it was a bad day for america and one sense. we saw our president failed to be able to lead on the world stage but it was a good day and we got to say there's a sharp contrast as we all consider what's going to happen in november. >> jesse: we want to win proxy wars. we also want to make peace everywhere donald trump's big message today on foreign policy behind the scenes at sec. was we of these messes in europe, in asia, in the middle east if he were president. >> it's remarka

a sec takes care of his family. she gives the benjamins to help keep the flock in top condition and he's happy to show off his champion. she named after the country's new prime minister. when he was born. it was the moment when we had lost a pipe. and that was because of us, man, some kind of a home. and we saw that it was a tree patriots wherever, you know, one who is strong this way, sancho does she was born, but they didn't get the style sheet. but helping to make cynical famous simmons breeders and they are now so popular here that there are beauty pageants, pulled them on tv with big cash prizes. of the extra got a documentary for you looking at the consequences of industrial exportation of pacific ocean floor. terry motion for me and all of us here dw, thanks for watching the the coming 0 sent excels 3 trans people. stories is not kinda items that feed us complex doors. sometimes when he saw efficient chips in search of the settlement for 3 generations, one jenny dunst july 7th on dw the the in the middle.

one of the said, wait a sec. eric states also helped to defend these ro when you ron attacked, to the surprise of many, that was what i the nation took up arms to defend israel. can you imagine the domestic headache difficult? how does that come about? are and erik countries, and israel and the lease. then they fight plenty of wars. well, yes, but sometimes even the greatest enemies become friends. so let's have a look at how they came to terms with each other. and what time us, tara, a tech, into war? and gaza, new for the unlikely friendship, the burning flags and slogans against israel has been coming on the streets of arab countries for decades. to understand what's going on today. we have to go way back from the get go palestinians and the arab states were against the creation of the state of israel as proposed in the you and partition plan. in 1947, all eric member states of t u n. and a few others marked right here voted against the plan. after the whole coast, many more jewish people came to settle in pal

him off again in the 30 is wanting to go to the trailer and may be conducting the 7th of october, a sec again and again just the they have promised actually. so you're basically saying that the base have signal that they're agreeing to the deal, but in fact they were, they weren't very different terms that are in this proposal. what about the israeli side? i mean, we've been hearing from the us that israel agree. so the deal. why haven't we been hearing it so much from israel? yes, because the is actually really proposed up, but we need to understand it is i can't see it. we can call it this way, and the transfer from the phase one to the human attorney and the, the release of the elderly. so the women in exchange for the printer, there is no announcement to proceed over permanent sci fi. that is true. basically. then there will be negotiation that starts obviously being bay and that is rose back to do man. they just are meant to call a come on raised to it, then they can do it to face. do is come on the, the, the money from us guarantee that it's always you, it's worth. so it's basical