Is it mind boggling to you, as you did your research and investigation here, that a fraud of such magnitude, $50 billion or more--I assume one of the largest the SEC has ever dealt with or failed to deal with--how could it have happened, right?
Senator Shelby questions the SEC's failure to detect a massive fraud.
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We have got to get our arms, one, around the inflation first, and then try to boost our defense capabilities in a dangerous world.
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.
Russia's launched multiple hypersonic weapons as part of their invasion of the Ukraine and China is continuing to develop its own hypersonic weapons.
I remain concerned that the Air Force budget request is insufficient considering the needed modernization across the inventory with a rapidly evolving threat.
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