sen. scott you're welcome. >> have a great day. >> thank you, sir. appreciate it. sen. scott: it is lovely to see you. hello, guys. how are you? >> what a beautiful picture. sen. scott: get to see you. -- good to see you. thank you for hanging out today. >> are already met you but i want my picture. >> yes ma'am. we love the fact that you are running for president. sen. scott: she is one of the reasons why our education system has bottom out. sincerely. a challenge for our children. unfortunately, the work of the unions opposed to beaches. -- opposed to the kids. >> exactly. >> anyone else? jump right in. >> can i do it with the tattoo? sen. scott: yeah, man. >> thank you. it is nice meeting you. sen. scott: how are you? >> we are together. thank you. sen. scott: thank you. good to see you. >> can i borrow that? >> also. thank you very much. sen. scott: sounds good. [indiscernible] >> do you want a picture with him? >> senator, it is good to see you again. sen. scott: thank you. are you do

sen. scott: thank you all very much. as a southern boy who wanted to be a preacher, i'm going to walk around a little bit. actually my mama wanted a preacher, i'm happy with what i'm doing. and a thank god i'm an american. we should all be proud on americans. i know america can do for anyone what she's den for me. focus on restoring wealth, creating opportunities and protecting the america we all love. and for me, protecting america really does start with closing our southern border. we've lost 70,000 americans in the last 12 months because of fentanyl. precursors come from china, manufactured in mexican labs, and then the mexican cartels bring them across our southern border. we also need to stop the flow of more than six million illegal immigrants to our country. if we're going to protect the america we all love we'll also have to back the blue. it is so important for us to refund local law enforcement through the grants we make available in the federal government. one of the things i've

sen. feinstein: it's hard, but generally you try to associate yourself with solutions rather than with solutions that polarize or, i should say, rhetoric that polarizes. >> what drew you to public service? sen. feinstein: that's hard to tell. i'm the oldest of three girls, in such a responsibility to do certain things falls sometimes to the oldest girl. in school, i always found myself volunteering to do some things that others didn't want to do, and then i went down to college, my father wanted me to be a doctor, i didn't have the aptitude to that, i gravitated toward this arena. i've always wanted to put my david back to say thank you to america for all the opportunities it's given to me and to be able to help people. and i know that sounds sudsy, but it isn't meant that way. i get a great deal of pleasure out of seeing we do something that benefits individuals. it really has become a very big part of my life. >> you mentioned being one of three sisters, all born and raised in san franci

sen. brown: so ordered. sen. van hollen: in that article it says because of the lack of transparency it is a black box. a china expert at the center for strategic and international studies in washington. it's not something the u.s. and others have been able to address because it is so opaque. that was the quote from that individual. the article goes on to point out that we have no visibility in these investments and talks about the fact especially after the russian invasion of ukraine and sanctions against russia this became a more important issue for investors in private equity. could you talk briefly about how you think about this, the need for greater disclosure in private equity broadly and i know there's an ongoing case but can you talk about this issue of foreign sovereign wealth funds and their huge investment in private equity and whether that raises concerns for greater transparency? mr. gensler: under our laws, investment advisors in the u.s. can advise asset managers including sovereign wealth funds al

sen. king: as i've been listening to the hearing, it occurs to me there is an irony and paradox embedded in the hearing. we have heard the word "premature" about 100 times. i will quote the testimony of ms. lott, the american society of civil engineers identify severe weather as the predominant cause of customer outage. it's in your testimony. we are in a race with climate change. and we are talking about outages that are caused predominately by severe weather which is the result of climate change. the question is premature -- actually, we should have been making this transition years ago, and we are trying to make it in a hurry because we are in a crisis situation. for the last million years, co2 in the atmosphere averaged about two hunted 60 million parts per million. starting in 1850, that started to rise steadily. today it is at 424 parts per million. when i entered this body it was under 400 and everyone said 400 was a tipping point. that is a 60% rise in about 150 years. the last tim

sen. graham:. if you are a parent out there listening to this hearing, i would encourage you to advocate for your child. i would encourage you to go to the school district, the library, where ever you believe is appropriate on behalf of your child. you have an obligation as a parent to lend your voice to a because you think helps your child develops in the right way. about this hearing, what is our role here? what am i supposed to do? am i supposed to take over every school board in the country and veto their decisions about what books go into public schools? in the library -- i don't spend a lot of time in the library. that speaks poorly to me. . and my supposed to take over the libraries of this country and be the final say of what goes in a library? i hope not. i think not. this is an important hearing in this regard. it shows the difference of the two parties on this issue. school boards whether elected or appointed in our system should be the people we go to to talk about what is in a

sen. risch: thank you and i will associate myself with those remarks about how important this is and we are anxious to see it move forward, and certainly, there have been some disappointment so far. that does not mean we cannot do better in the future. and that is the purpose of this hearing, to get this thing on track and move it more quickly and efficiently. as the united states enters into a period of strategic -- strategic rivalry with china, that include military competition. china has undertaken a nuclear breakout and fields world's largest navy and modernized airports. we must move quickly to expand resilience and industrial base. the u.s. should be allies and this partnership is the first step. the defense trade partnership is meant to bolster collaboration and joint advanced military capabilities. in particular our goals include increased technology sharing, codevelopment and expedited export licensing processes. i want to focus on australia's acquisition of conventionally armed n

sen. cramer: thank you. sen. markey: senator padilla and then senator ricketts. >> the law provides 49% for additional subsidize asian. is that customarily treated as a cap? mr. volk: the 49% is the i believe and i know we have had some discussions with is that enough. >> assuming it is a cap, what effect does it have on communities that don't have the ability to afford the match in a terms of being able to access the iija funds? mr. volk: i a great question. we are struggling with that i and with dakota. 49% subsidy would go on to the customer and most of that lead is going to be in your older neighborhoods, your disadvantaged communities so we are going to -- we are struggling with getting that and finding a balance with the affordability. sen. whitehouse: ms. powell, in rhode island we were seeing a lot of damage to our water treatment infrastructure related to climate change. we had very powerful unprecedented rain events that have flooded out. for instance a major city of ours, cranston, a sewage treatment f

sen. scott: mr. heller, you cannot open a newspaper without seeing stories of homeowners facing skyrocketing insurance rates with less coverage higher deductible while not being able to find insurance despite what some say it is not happening in california. why are so many people across the country suddenly being priced out of the homeowners insurance market? >> there are a few reasons. climate change is severely exacerbating the cost of risk transfer. increasing the severity of increasing disasters. 15 $1 billion events this year alone. the most severe incidents were in texas. this is happening around the country. climate change is a national concern and it is effecting insurance markets everywhere. the unregulated global reinsurance market is number two and a driver here. the increase premiums over the last two years put the rate online index produced by -- at the highest in history of the index which have been calculated since 1990. that risk transfer is also expensive. there has been a

sen. scott: a very good question. two things we have to do, walking and chewing gum at the same time. we have to recognize that there are millions of americans frustrated that our porous southern border is still wide open, insecure, unsafe that. brings challenges from the national security standpoint. perhaps the strongest, most important national security risk we have today is an open southern border. i'll say this. our ability to walk and chew gum is important if my perspective. we have not heard from the president of the united states, what is america's national vital interest in ukraine. our national vital interest is in degrading the russian military. we have been effective at doing that with our resources and the very high price of ukrainian blood. if we can continue to degrade the russian military there's a positive nor nation that protects the homeland but the second thing it does is it also protect ours nato partners that are contiguous with ukraine. most of us probably recognize

sen. sanders: let me now turn to senator warren -- senator gillibrand --luan. >> thank you mr. chairman and our ranking member and thanking -- thank you to our witnesses. i know the value of a high-quality, early childhood education and believe that congress should be strengthening important childcare in this country and not taking steps backward. am i surprised that there are only two sitting u.s. standard -- senators that want a head start? i am one of them. just four years ago, a report came out from the -- a foundation. at measured student well-being and success across the country and we are in full that our governor stepped forward and she initiated something that was important for us in new mexico and an example across the country were we are one of a few states including alabama, jeanette get -- connecticut, georgia and washington to do this. the government -- governor created a new position in 2019 programs of children's 025 -- zero-five under one roof. thanks to the flexibility ba

sen. daschle: thank you, margaret, for that kind introduction and congratulations. i can't imagine a better way to launch your career with the b.p.c. than an evening like tonight. margaret and i had the chance to work together when she served as secretary of education with the george w. bush administration. and i must say, served in a -- just in a remarkable way. so it's so good to have her back in washington tonight. i couldn't be more thrilled to wok her on her very first day here at the b.p.c. and thank her for the leadership and the work she has demonstrated over and over again in her public and private careers these many years. and let me thank you for your work the past year at the helm. of toe -- at the helm of the b.p.c. it was a little over three years ago when i commended -- commented to fellow board members a -- board members at the edward kennedy institute that at times i didn't recognize the senate the way it was operating today. often called the world's greatest deliberative

sen. i brought two boxes of the him along products. they are made in the same factory by the same hard-working people and after four years, the product now cost $25 and it's available on about one every three in america. it's clear that the lower price -- >> if it's a higher list price, the pbm's to make the decisions, they like the higher list price better than the lower list price? >> of the market share, poor performing. >> mr. jorgensen how about your company, do you have a similar experience? >> yes, we have a similar experience, and -- we have one third that -- >> you told why the lower list price offering is not being accepted on formularies by pbm? >> mr. jorgensen. >> i'm not aware of that specifically i could say that in general, we have rebates that going to the pbm's, and i know that they don't decide on the price, but there is a triangle where the patients pay more, we pay more in rebates and in the middle of that -- >> so all three of our pharma companies who are here today h

sen. scott:sen. scott: i have. as someone who was raised in a single parent household mired in poverty, i understand the devastation was a family breaks up. i had to live with the consequences of a father who was not there. i made a commitment to make sure that never happened in my life. i am so thankful to know a risen savior that has helped to guide my way and i am so thankful he has allowed my life to intersect at the right time with the right person and i just say, praise the living god! brenda byrd: amen! yes. [applause] i love what you're saying about the importance of family, fathers and a whole healthy family. what would you do as president to strengthen the family unit? sen. scott: one of the things i started this journey in 1994 when i started volunteering at the crisis pregnancy center in my town, the crisis pregnancy center, and also 1995, 1996 became the chairman of the south carolinians are healthy family formation was a one of the things i know that works is for us to make s

sen. you. it's an honor to be here. i've done a lot of debates over the last few years but usually we have 10 other people on stage calling each other names. this should be interesting and productive. i picked the topic of china, it's not really about china, it's about us. >> someone will write books century. most of us won't be here. there'll be a couple of chapter on vladimir putin, but that book, the story of the 21st centurat happened? did one overcome the other? did one become predominant in the case of china? were they able to find a balance relationship? whatever the outcome i think will define the 21st century. we've made some bad mistakes over the last 30 years. neither of us did have a bipartisan consensus in this country. that was that the cold war was over, the free world had won, now it didn't matter anymore where the market sent jobs because all these jobs could leave but don't worry, better jobs will replace them and pay you more. and once china got rich and prosperous, etch

sen. markey: i'm sorry to run over. thank you all so much for your courage in standing up because we have to do something. this is a crisis in our country. >> i just want to follow-up with ms. bradford. you said you are against single-use plastics. what specifically are you pointing at for single use? what products are you talking about? ms. bradford: definitely plastic bottles. i cannot think of anything else right now. >> are you for recycling advance recycling? ms. bradford: no because it does not work at it does not happen. >> in your case and everything's will use -- if you are not for recycling, you cannot say you are against sickle use and you are ok with everything else. ms. bradford: only 9% worldwide actually recycle. >> that is why i say we should focus more on recycling. if you can tell me you are for recycling maybe we can work to something. you did say you were not against all of it because you have to be realistic but you are again single use because that is what the chairma

but jeff ed jabbar former pakistan is sen federal minister and officer sen jabbar. it's a great pleasure, great honor for me to talk to you. thank you very much for your time. is my pleasure. thank you very much for inviting me now talk histones politics has never in particular adult, but i think you would agree with me that the sequence of events which began with the ousting or the removal from power all the former prime minister amber on how it is not petering out and it's draining the countries resources, it's taking away attention from other pressing social challenges. i'm sure there are lots and lots of factors contributing to these dynamic. but what do you think is the chief one china? what has happened since april 2022, in a sense, is that all the chickens, the chickens of contradictions and distortions the market street have come home to roost in the past 60 to 70 months. which is not true in any way under estimate or under value, the profundity of the crisis that we are going through. but only to suggest that this is the outcome of it started the process by

it's good to talk to you on this day, my condolences to all those who are close to the sen., thank you. sue thank you very much. stay with me now to break down all of that is the executive director of demand justice and the former press secretary for hillary clinton's presidential campaign. the former senior adviser to resident biden is also with us. what do you make of what you just heard? she didn't knock it down, but she did say she supports barbara lee.>> this is a very spirited contest for the senate seat. governor gavin newsom is in a tricky situation, he has said that he is not going to pick anybody that is running. that makes people like the mayor a contender. there's a lot of pressure on him. you look at what has happened in the past traditionally, with an active race or candidates putting their names out for a seat that's coming up, then an incumbent, the senator died. you usually see a placeholder put in.>> he didn't do this the last time, this is what is getting people upset, especially black women in california.>> absolutely, i understand the sentiment, not wanting to get

sen. mcconnell: to welcome president zelenskyy to the capitol. i am glad our colleagues had an opportunity to hear from him firsthand. and asking questions about his faith in the's counteroffensive. american support for ukraine is not charity. it is an investment in our own direct interest, not least because the greatest russian military power helps to deter our primary strategic adversary, china. as discussed this week, confrontation -- competition with china is a global proposition, but increasingly, the biden administration's approach to the prc reflects a faulty assessment of the challenge this competition presents. a few weeks ago, the secretary of commerce visited beijing to tend the soft power of american business in china. unfortunately, the prc had already targeted secretary raimondo with hard power, successfully stealing her official email in a cyberattack just weeks earlier. the extent that economic relations with china are deteriorating is because of president xi's watch. american and other foreign businesses are facing a state that i

sen. menendez: good morning. thank you to all of you who are here today, especially the new jerseyans who have joined me over the last few days. friday, the southern district of new york rock charges against me. i understand how deeply concerning this can be. the allegations leveled against me are just that, allegations. for anyone who has known me through my 50 years of public service, they know i have always fought for what is right. my advocacy has always been grounded in what i learned from growing up as the sun of cuban refugees, especially my mom, my hero. everything i have accomplished i have worked for, despite the naysayers and everyone who has underestimated me. i recognize this will be the biggest fight yet, but, as i have stated through this whole process, i firmly believe when all the facts are presented not only will i be exonerated but i still will be the new jersey senior senator. for now, i want to address four things. first, a cornerstone of the foundation of american democracy and our justice s