Richard Shelby: “The Federal Reserve faces, as all of you know, some of the greatest challenges it has ever confronted.”

Deterrence requires spending our limited resources on both offensive and defensive weapons.

Russia's launched multiple hypersonic weapons as part of their invasion of the Ukraine and China is continuing to develop its own hypersonic weapons.

As Senator Shelby at our Senate testimony hearing last March pointed out to us, we must maintain what we have before we can build new, and I think he hits the mark head-on.

Regrettably, this was all predictable and avoidable.