standards. when i came onboard in nerc in 2010, i recognized the importance of establishing brought line criteria as we heard from the previous testimony, to identify critical assets to be protected. a new standard was developed in six months and filed with the commission fruary this year and is pending their approval. our standard process works for what it was intended to do. to establish sustained baseline requirements for the reliability and resilience of the bulk power system. however, there is no single approa approach, not even compliance with mandatory standards, that will protect the grid against all potential threats from physical and cyber attacks. a threat environment is constantly changing and our defenses must keep pace. achieving a high degree of resilience requiring continuously adaptive measures beyond those outlined in our standards, measures we are actively pursuing today. the most important of these activities is the operation of our electricity sector information sharing and

standards. compliance with these eight cip standards first became mandatory july 1, 2010. nerc filed modification, the modifications to the cip standards have not been addressed by nerc. it's not clear how long it will take for the cip standards to be modified to protect the significant gaps in them. the smart grid technologies added to the bulk power system. greater cyber security protection will be required, given that this technology provides more access points, thereby increasing the grids' vulnerabilities. the cyber security standards will apply to some, but not most smart grid applications. moreover, there are noncyber threats that also pose national security concerns. naturally-occurring events or physical attacks against the power grid can cause equal or greater destruction than cyber attacks and the federal government should have no less ability to protect against them. one is electric row magnetic pulse or emp. emp event could shut down a large part of the power grid. emp events are na

it's important to remember why we strengthened standards and introduced liquidity standards, the three banking agencies in front of you and regulators around the world. the financial crisis revealed that the amount of capital held by many banks institutions under prevailing capital requirements proved quite inadequate in quality and quantity. wholesale funding markets found the sources of funding dried up quickly, at times, almost overnight as market concerns rose. back in 2008, the prospect of the failure of the most systemically important institutions raised in turn the prospect of the collapse of the financial system to which none of these large financial institutions would have been immune, and that, of course, led to t.a.r.p.. i think it's fair to say as we sit here today that no one wants another t.a.r.p.. not those who reluck at that particular timely supported it two and a half years ago, certainly not those of you who opposed it. if we are to avoid another choice between a t.a.r.p.-like mechanism on the one hand or a collapse of the financial system on the other, we have to en

standards. but must depend upon an electric reliability to have this task. nerc as the ero. the ero developing and proposes cybersecurity standards or modifications for the commission's review. which it can then either approve or remand. if the commission approves the proposed cybersecurity standard, it becomes mandatory in the united states applying to the users, owners and operators of the bulk power system. if the commission remands a proposed standard, it is sent back to the ero for further conversation. puberty -- in january of 2008, ferc approved 8 cybersecurity standards known as the critical infrastructure protection or standards but directed nerc to make significant modifications to them. compliance with these eight standards first became mandatory on july 1st, 2010, although nerc has filed and the commission has approved some modification to the standards, the majority of the commissions directed modifications to the cip standards have not been addressed by nerc. it's not clear how lon

my question is are there other aspects that mandate application of standards? >> i have been informed by the historic resources experts but the planning code does not contain a requirement following standards, but of the commission has adopted it as a rule in terms of their view of projects in jurisdiction. >> i would request that the amendment be separated. >> why don't we do that thelma -- why don't we do that? colleagues, can we take those amendments without objection? those are for the underlying documents, items 14 through 59. with respect to the motion, is there a second? can we have our role call on that motion. >> [calling vote ss] supervisor chu: no. supervisor cohen: no. supervisor farrell: no. supervisor wiener: no. we have 7 ayes, and 4 nos. >> the motion passes. >> i understand there are still amendments that need to be made to the items 10, 11, and 17. those have been circulated. can we take a roll-call vote? can we take those amendments without objection? at this time, if we could take a roll call vote on the entire package of legislation, items

particularly in section 5-b-4 regarding investigative standards. actionly in 5-b-4 it seems torrell gate the participating agency -- rel -- to relegate the participating agency to to be responsible for personnel administrative matters. and that the department's control over investigative standards has already been pointed out by mr. crew. how do you -- has there been a problem at all in how this relationship has been operated in differential investigative standards, those used by the federal government and those used by the members of the department? has there arisen any instance of conflict at all? >> no, not that i'm aware of. i believe the relationship has been very smooth and the officers to the best of my knowledge have been operating with total accountability back to the police department and its standards, rules, regulations and the laws of the city and state. commissioner chan: under section 4-a which governs the use of confidence -- excuse me, i think they refer to this as confident al informants -- confidental informants and they referenc

capital standards to the macroeconomic impact of those capital standards. and our regulators get a lot of impact here on the u.s., and it was also done internationally. and there was broad agreement that i seen the analysis that the transition timelines which are quite generous in the basel iii framework gives our institution plenty of time to earn their way to meeting those capital standards without having any adverse impact. so i don't think actually we are choosing between stability and growth. in fact, i think the real point here is that we will have much healthier growth if, in fact, we put in place a safe and sound financial system. with regard to the advantage -- >> let me interrupt you here if i could. chairman bernanke i guess about 10 days ago spoke before the international monetary policy conference in atlanta. when asked about the cumulative impact of the basel iii, dodd-frank, sifi charges, said quote, has anybody done a comprehensive analysis and impact on credit? i can't pretend that anybody really has. you know, it's just too complicated. so

standards? i guess my question is, your industry is so changing, fast changing, that when you're in the automotive industry, you put a standard in place, it takes a while for things to innovate, the standard is out of date. it appears to me when i saw i.s.o., it would be difficult for them to keep up with the changes in the industry, or the changes -- i guess i'm saying the ability of people to hack to innovate to find new ways into your system. so i guess i.s.o. being certified, do you think it's sufficient? >> we don't use the i.s.o. as the only thing we do. we have lots of audits by our clients. we have other audits we have to do. and frankly, we have our own security program, where we're continually trying to upgrade our systems and to make sure that we make things as tight as we can, but the hackers are very sophisticated. this wasn't some guy in a garage just coming after us. these are sophisticated guys. i've talked to the secret service enough times to know we're not the only one and tha

i would try to go for a simple standard. i think it is easier to manage. >> i would have to give back to you on that. >> we believe your issue can be best addressed by using the term "significant risk" in the bill. >> do think it should more clearly define the size and scope of companies who should have these security measures? >> yes. when talking about -- it depends on the size of the breach. in terms of the company, yes. the focus will have much different to abilities to respond than a larger size business. >> thank you. >> i would like to express gratitude for your time here today. thank you for your willingness to engage with us on this very important discussion. there are a lot of great ideas and willingness to come together with a great bill. i want to reiterate again that we think we can accomplish that goal. i am hopeful for that. i would also like to say that i was hoping for a second round of questions. but time has gone the better of us up here. and i will have further questions in writing to send to all of you.

it is important to remember what the strength to minimum capital standard increased liquidity standardsin three regulatory banking agencies in front of you and regulators around world. the financial crisis revealed the amount of capital held by many banking institutions under prevailing cap or requirements proved quite inadequate in quantity and quality. firms with substantial reliance on wholesale funding markets found that those sources of funding dried up quickly, at times almost overnight as market concerns rose. back in 2008 prospect of the failure of the most systemically important institutions raised in turn the prospect of a collapse of the financial system to which none of the large complex financial institutions would have been immune. that is what led to t.a.r.p.. no one wants another part. not those who supported it and not those of you who opposed. if we are to avoid another choice between a park like mechanism on the one hand or collapse of the financial system on the other we have to ensure financial firms have adequate loss absorption capacity and sustain stress in fundi

the training has professional ethics and professional standards. the latter ones on the list reflect public health principles. not all professionals may be cross-trained in public health. these are more progressive or proactive, the duty to monitor, to inform, to advocate for public health. it is more part of public health values. they are part of the training. we don't have any formal updates of these trainings during the course. there is a lot of on-the-job training. we will revisit these issues, we will revisit them at a staff level. i think it would be a good idea to reinforce these principles proactively among staff on a regular basis. supervisor campos: i think that is a very good idea. from my perspective, when there is a health issue that is implicated, when i look at the department of public health, my view is, these are folks who are looking at facts, looking at evidence based on scientific principles and data. how do you maintain an arms length relationship with either side? with any of these projects, you work. to have people who have v

what are the standards? it will establish the standards? is there an islamic organization -- >> if not just islamic -- chaplains, period. if you knew in 2004 that a problem exists for a chaplain can be certified without the bureau of prisons in new york having some standards, here we are eight years later and you still do not. do you know why the state of new york does not have any standards for chaplains? >> the report did not say "all chaplain's prayer "it said "islamic chaplain's." >> is there a reason why islamic chaplains or not that did? >> -- are not vetted? i am just trying to get to the point. is there a reason why new york did not that islamic chaplains? do you know why? >> i think new york does. the new york state department of corrections does, but i think the need for standardization between new york state, new york city, you also have federal prisons within new york state -- you have national -- you need national standards. >> the witness or whenever the issue is is something those units of government has created by not coordi

short of those standards.tem democratic party saying we don't have those standards therefore we will never be hypocritical? >> i'll say this, democrats want anthony weiner to leave. they want him to resign. >> sean: why don't they say it? >> i hope they will. i think you will have more democrats who will come forward and say that this is what destroys the institution of government. again, i would love to be talking about the budget -- >> sean: we spent a lot of time on the budget. >> i know you have. >> sean: i feel sorry for the young girls. new media, social networking is part of their lives. when a 46-year-old married guy is sending pictures like this to a young girl and to many, to people he barely knows -- i want you to answer this directly and don't give me the lanny dodge. do you think that person shows poor enough judgment that they shouldn't be a congressman? really lanny. >> i'm going to give you a -- i'm not here to judge -- >> sean: i'm not asking you to judge. he's in a position of power. >> he ha

zi think we apply a reasonable standardness -- >> kind of standard? >> reasonableness standard that the f.t.c. employed throughout the course of its enforcement in this arena. >> so this reasonable standard in your mind has been pretty much established at the f.t.c. so everybody in industry would understand today what it is? >> i'm saying it would be a standard applied, reasonableness standard and it's an issue they need to be flushed out. the commission is willing to work with the committee in order to do that. any rule making that does take place would entame a comment period -- absolutely entail a comment period. i believe the f.t.c. has a very solid track record in terms of its rule making. i think the standards of the f.t.c. is one of reasonableness, taking into account the nature of the information, how sensitive it is, potential risks to consumers. so it would be a reasonable standard that would be applied. >> do you think that the congress should set the broad outline for this data minimumization provision and not give it any authority to the

dcht building inspection has standards the owner of a building is required to meet all of the standards of the building code and the housing code. the owner's responsibility to meet those standards. we do not always go out and say, your rainwater is leaking, fix it. it's the owner's responsibility to pay attention and fix stuff much there is a range of responsibilities on the tenants. we will talk about what the owner's responsibility and the tenant's responsibility. i think it's important to realize that the owner in the law is the person who is always responsible for the maintenance and upkeep and habitability of their property and units. even if the tenant may not be the best housekeeper. the owner is still responsible for the building's condition. the first item has to do with a real safety issue which is exits much an exit has to get you to the street or public way. so, you check exits from you enforce habitability standards? >> absolutely. exits also includes fire escapes and it's very important to always consider an exit something that allows you to get in and out of the builds a

for rule is more difficult to meet the standards the court had r.d. established in earlier cases for the subsidy of up in earlier cases for the subsidy of up a class can't be certified, but at the recertified it would meet a class can't be certified, but at the recertified it would meet the standards that in teamsters for winning on the merit. and that's a very troubling turning him in front of the relationship between procedural rules and substantive roles. i think that is a policy judgment. these judgments about how procedural rules should be used to affect how much of the kinds of litigation before decision-maker's misconstruing the arbitration context of the others much better made in state legislatures around the body than by course khmer reinterpreting those that have not themselves been rewritten. a final similarity that i think is important to note in thinking about these cases is all they are very different from each other, they are similar in being very typical of the modern world. every single person sitting in the string assigned dozens of

it's a two-part standard. first, as would be applicable in any action that we take the question is whether the proposal is consistent with the intent of congress as manifested in the language of the statute. but second, i think we have to toe focus on the the fact that we are required to act here. this is not a question of discretion on our part whether to act. so the second part was whether i have a concrete alternative proposal that would better realize my own policy preferences while also remaining consistent with the statutory language. with respect to the consistency of the propose d regulation, i believe the staff proposal is consistent with the regulation of the statute. as discussioned in the register notice circulated by the staff. and as mark alluded to in his presentation a few moments ago. there are some possible readings, such as one to craft standards to make an exception to entail enormous levels of uncertainty in the part of issuers, networks and merchants alike as to what fees were acceptable.

it is becoming the standard. ultimately, it will be frowned upon when a house does not have these features, i think. i think that is how it will migrate into society, in that way. it is a good thing. it is becoming an awareness of all of these things, your appliances, your window rating, things like that. it is something that happens over time. people like to talk about it. i have sold properties where they are solar-ready, which means they have all of the equipment installed to bring the solar down, the solar energy from the roof, down into the sub-area, to then transmitted to the electrical outlets and things, but the panel did not get installed yet because maybe the person did not want to spend the extra $20,000 or $30,000. it is a promise it is coming. you cannot ignore it. it is important to it least considerate. maybe someone is not going to spend $10,000 on green things or $20,000 on some sort of solar system with rebates. will you get that back? quite honestly, not sure today. >> i agree. i think it is a

the standard so that they can say it's safe but actually the standard house changed the new higher levels mean that fukushima can be classed as being outside of the exclusion zone some say that evacuating the city would be simply impractical given the huge numbers of people affected to try and mitigate the circumstances to some degree a group of scientists have teamed up to find simple ways to reduce the radiation levels. we're just trying to do a pilot project do d.d. contamination. by ourselves and we are not using a specially equipped man we just use normal child both. scoops. you just. have to. a small effort to bring some security to a community facing a scary and uncertain future in fukushima city sean thomas r t. well here won't he the question president. that if is being more and more about whether he will run for a second term and in an interview with london's financial times dmitri medvedev said he would not say so with prime minister vladimir putin as both of them represent the same political force oh he's cancer he has the details. well it's definitely the question that the ru

but we understand that the federal government who prom el gaits the license, which mandates standards and types of usage signs are installed throughout the country, is thinking about establishing some standards for reflectivity in the near future. it's an unfunded mandate, they usually allow several years for us to comply and we would normally do that over time as we do maintenance. one of the impediments is we do not have an up-to-date signed inventory system. the system that we have is carried over from public works and part of it used to be in public works. it's very good at tracking work orders and repairs, but it's not very adept at extracting information on inventory type of information, like how old is the sign, how many times it's been repaired. so we are aware of that. we have been investigating, working with the vendor to come up with a software package that will help us transform our existing data, migrate over to this new system, and then being able to use it to help us do exactly that purpose. once we have that online, we expect to have that in place by september, october

it is for the board to apply the standards. the standards are not discretionary. the standards recognize the projects involved. the fact that it changes does not mean you have to stay there. it has to change in a way for secession more impact. it does not mean it gets frozen. this of be the first outcome. this discloses impacts. it is in ways that makes an environmentally more sensitive. this is exactly what is happening. this has happened since the draft process was released. the maximum height has lowered. that is in response to environmental consequences. an agency should not be penalized by having to recirculate it. we do not think it is required. the shift will not affect an environmental analysis. it'll not affect traffic or the footprint. they have repeated the claim that it has changed. there will be fewer recreational resources. there will be a reduction in the open space. that is not in the approval. it might trigger recirculation. i'm not going to respond to a hypothetical. that is not confronted the. a word about the stability. there is a claim that is

>> i think we would appoint a reasonableness standard which is -- >> what kind of standard? >> reasonable standard. >> so this reasonable standard in your mind is pretty much established at the ftc, so everybody in industry would understand today what it is? >> it's a standard that would be -- i believe it's an issue that may need to be fleshed out. again, the commission is willing to work with the committee. in order to do that any rulemaking that does take place would entail a commentary, actually entail a commentary. i think the ftc has a very solid track record in terms of its rulemaking. so i think this is an area again. the standards the ftc has always applied in areas that security is one of reasonableness. taking into account the nature of information, how sensitive it is, potential risk to consumers. so it would be a reasonable standard that would be applied. >> do you think that the congress should set the broad outline for this data minimization provision and not given any authority to the ftc, or do you think you need to have that authority to make that decision?

two, extraordinary circumstances occur where the design standards do not balance the right to develop the property with the impacts on the neighborhood. absolutely the project sponsor has the right to develop the property. but the planning code provides an equal right for the commission to assess the impacts on the neighborhood. this is not an existing residential building renovated for condos. it's an existing building that's served a mixed use of this neighborhood for 1100 years. loss of this building to a primarily residential use reduces the livability and vitality of the neighborhood. once gone, this building will never be replaced, and eliminates forever the potential to meet future needs of car share, bike share and electric charging stations. the current plan for the project claims 14 spaces for the community. that's a quarter of the existing 58 spaces. and that impacts the commercial district. three, extraordinary circumstances occur because of complex topography or other conditions not addressed in the design standards. the n.c. zoning was inherited by a building that preced

. >> but they have to meet the same standards of safety, but maybe not the same standards of -- >> labeling. >> -- labeling. and so sometimes it comes down to just common sense, but other times, you know, sometimes you have to just follow the letter of the law. >> common sense in the building code. okay. laminated glass -- >> so laminated glass is actually a fairly strong material. you know, again, if you hit it in the center, it is. it's a little weaker on the edges because what happens is it can kind of chip, and sometimes it will run, or whatever. so the edges -- because essentially you're talking about two pieces of eight inch glass. the edges are a little bit fragile. but, you know, that's what happens. essentially, you've got point of impact there, but it all stays together. and so in a quake or whatever, in an accident, auto glass, we used a lot of that in the auto industry, a lot of lamination. so this is what works pretty well for that. plastic, you know, plastic is easy. we're doing more complicated plastic, but great material, except scratches, it does all sorts of things, and it

standard-seter, the fasb, supporting the u.s. gaap standard that allows netting. again thank you for holding this hearing and asking me to testify. >> thank you, professor scott. >> thank you, chairman baucus and members of the committee. i am testifying in my own capacity and can not purport to represent the views of any organizations which i'm affiliated although much of my testimony is based on the work of committee on capital markets regulation. indeed for the last six years the committee has been tracking and making recommendations to strengthen the competitiveness of our capital markets. let me address the issues you have called on us to comment on. let me begin with the volcker rule. the volcker rule was passed with the hope of chairman stroller that other nations would follow us. none have. this rule was ill-advised from the start because proprietary trading was not responsible for the financial crisis. indeed it was a source of profitability. now it could have the effect of making u.s. firms less competitive internationally. there is still time to dampen

we need high rates of compliance with these standards. food gets safety not just by the books, but by the standard of care, what's appropriate in a science-based way to be preventative every day when food is being grown and processed and transported. those standards have to be met every day, and congress has said at fda, you have a significant role to play in ensuring high rates of compliance. the clear message is that the primary responsibility for compliance is the industry. it's industry's responsibility to have the preventive controls, see they are observed every day, fda plays an accountability role, and when that standard is not met, take appropriate action. we have a whole new inspection and compliance tool kit. we've had the authority to inspect facilities, look around and see if there's problems, and if we find problems, correct them. congress now said there's an inspection frequency mandate. you have to get into facilities on a certain frequency which, again, i think will provide a base for ensuring adequate oversight of facilit

he was to double standards for providing safe haven to egypt's former finance minister who was convicted of corruption despite london publicly supporting the pro-democracy movement. he was sentenced in absentia to thirty years in jail but fled the country. coming your way r t brings you all the latest high tech gadgets and state of the art developments in russia science technology update is next. welcome to technology update and welcome to tomes a city carved over four centuries ago out of the endless forests and swamps of siberia already an established center for some of russia's whiz kid students and their smart ideas today toast is transforming itself into an incubator for an expanding cluster of innovative businesses since our last episode. two thousand and eleven forum its fourteenth any will gathering of business research and administration innovators this year drawing some three thousand participants from nineteen countries and forty seven russian regions. and by thousands more the event featured brainstorming sessions with top specialists and market makers consciously forward loo

>> a 24 inch box, which is the new standard. we do at least 24-inch box or larger unless the site is to constrained that we have to go small every. er -- smaller. it increases the survival rate of the tree. so this is our new standard. >> it takes a little while until they can adapt to the location. how long does that usually take? a couple of seasons? >> it does. we normally will water a tree throughout the dry season which we estimate about nine months of the year. so if it is -- has not rained, we have to go water the tree. once it is established, then it does not need our help. >> there's a particular problem with trees that are in boxes or in planters or that are not planted in the ground and that's that they have a lot of area of evaporation. so trees like this that are sitting in boxes in sidewalks need a lot of care and a lot of water. >> that's right. we would water these extra so several times a week while we are waiting. one of the reasons why we try to get trees planted in the ground rather that in raised plantearns

the standard so that they can say it's safe but actually it's a standard house change the new higher levels mean that fukushima can be classed as being outside of the exclusion zone some say that evacuating the city would be simply impractical given the huge numbers of people affected to try and mitigate the circumstances to some degree a group of scientists have teamed up to find simple ways to reduce the radiation levels. we're just trying to do a pilot project do d.d. contamination. by ourselves and we are not using our specially equipped men we just use normal child both. scoops. you just. have to topsoil is a small effort to bring some security to a community facing a scary and uncertain future in fukushima city sean thomas our team. got some breaking news coming through five people. taken to hospital in a serious condition after a plane crashed while it landed in northwestern russia with reports not yet confirmed that there could be fatalities and the fuselage of the plane has been destroyed we're hearing after a split into two and called a light when it hit the ground over the

known as the critical infrastructure protection or cip standards. compliance with these eight cip standards first became mandatory july 1, 2010. nerc filed modification, the modifications to the cip stanrds have not been addressed by nerc. it's not clear how lg it will take for the cip standards to be modified to protect the significant gaps in them. the smart grid technologies added to the bulk power system. greater cyber security protection will be required, given that this technology provides more access points, thereby increasing the grids' vulnerabilities. the cyber security standards will apply some, but not most smart grid applications. moreover, there are noncyber threats that also pose national secuty concerns. naturally-occurring events or physical attacks against the power grid can cause equal or greater destruction than cyber attacks and the federal government should have no less ability to protect against them. one is electric row magnetic pulse or emp. emp event could shut down a large part of the power grid. emp events are naturally g

they had develop standards for single-family homes, probably have approved similar standards like it. they have not yet done it for soft story buildings and multi- family houses. i know there are international standards, so there needs to be a political will, so that when people spend their money, it is spent well. we have also been trying to

and beyond international standards. a key product in the broad spectrum of petrochemical output is synthesized rubber rubber or used to burning every time we step on the gas of our automobiles but today they're not just turning out any old tires the twenty first century focus on going green to turn green tires doesn't mean you should be expecting a ship to. any time soon. simply headed for a more eco friendly future easily understandable slogan producing the green future turns out to be a bit more complicated. with giving. basis on which will be made and some of it samples have already been taken to test. a campaign. to label. according to specific characteristics. related to their environmental impact. because of this efforts. that are more environmentally friendly need to be comprised of new materials. so they will not only provide better vehicle safety for those who are inside. for the environment. any of its tire producers. tiredly to make the mix just right means getting rid of waste in the production process and c

what are the standards? who will establish the standards? is there an islamic organization -- >> not just from the chaplain period. my point is if you knew in 2004 that are problem existed where chaplains could be certified without the bureau of prisons in new york having some standards, here we are eight years later and we still -- do you know why they don't have any standards? >> i have to go back to the fact that the report did not say all chaplains. it said islamic chaplains. >> is there reason islamic chaplains -- >> because of the fact the individuals -- ummah was not just an imam. >> i am trying to get to the point. is there a reason new york doesn't that islamic chaplains? >> i think new york does. the new york state department of corrections does but the need for standardization between new york state, new york county, federal prisons within new york state, you need national standards for the vetting. >> weakness or whatever the issue is is something those units of government have created by not coordinating the standards. >> agreei

they had develop standards for single-family homes, probably have approved similar standards like it. they have not yet done it for soft story buildings and multi- family houses. i know there are international standards, so there needs to be a political will, so that when people spend their money, it is spent well. we have also been trying to get more banks and lending facilities to encourage people, when they get a mortgage for their new home, to include the cost of a retrofit. in oakland, before the economy crashed, but out half a million dollars in matching money and grants for new homeowners at the time that they bought homes. we would give them up to $5,000 for a retrofit. the year before we had 16 applications. that year we had over 200. it shows if you can do an education campaign, give some incentive, people will move when it makes sense, and particularly when they are refinancing their loans. what we are now mostly working on is trying to get the obama administration and others to set aside pools of money so that people can get low interest loans or use the mechanism that som