The circumstances that permitted AIG's securities lending operation to potentially threaten the solvency of several of its insurance companies and their counterparties suggests that our regulatory system has not been keeping up with developments in the market.
Senator Shelby points out regulatory failures highlighted by AIG's issues.
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If we fail to take inflation seriously, Mr. Chairman, I am concerned that our Nation could be faced with the same challenges of years ago.
The Congressional Budget Office projects debt to reach 102 percent of GDP by the end of this year and 200 percent by 2051 under current policies unless there are changes.
The world is complex--is a complex and dangerous place, and we all know that you understand the magnitude of the challenges that we face from our near-peer adversaries, who seek to undermine the U.S.'s position as a world leader and…
Today, we are asking this Committee to support Senator Shelby's effort to finally recognize the MOWA Band as a member of the federal family of Indian nations.
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