We need more people to address some of these emerging priorities and emergencies.
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We need an additional number of civil and foreign service employees to scale up the Indo-Pacific strategy.
This budget will help us push back on advancing authoritarianism and democratic backsliding by strengthening democracies worldwide.
This budget will sustain our security, economic, energy, and humanitarian support for Ukraine to ensure President Putin's war remains a strategic failure.
President Biden is firmly committed to advancing a free and open Indo-Pacific, which is why this proposal asks for an 18% increase in our budget for that region over FY 2023.
I am determined to continue to do that and very much appreciate the work that we have been able to do with this committee over the last couple of years and look forward to the work ahead.
The first set is posed by our strategic competitors--the immediate, acute threat posed by Russia's autocracy and aggression, most destructively through its brutal war against Ukraine.
The United States has a positive vision for the future: a world that's free, secure, open and prosperous.
The immediate, acute threat posed by Russia's autocracy and aggression, most destructively, of course, through its brutal aggression against Ukraine.
We are meeting at an inflection point. The post-Cold War era is over.
We can't do more with less. We must increase our investments in our diplomatic and development tools if we want to strengthen our national security.
I thought at the time that there was a risk of correlation.
I was not supportive of that legislative initiative back in 2018.
Congress painted with a broad brush to protect the investing public when the investing public is basically investing or betting on a group of entrepreneurs.
At its core, when Congress set up the SEC, it was about protecting the investing public and thus the capital formation on the other side with this disclosure.
I think it is. And I think, to the chair's question, it is about capital formation and investors because investor protection means more people are confident in a market.
Less dedicated lawyers and investigators and economists in an agency like ours means less protection for the public.
Four of our divisions are run by extremely talented individuals that are willing to serve their country and partake in this great experiment called democracy and to actually help us.