Today's hearing is very, very important, mainly to finding that right balance between high enough capital and margin requirements to keep the system safe, and low enough capital and margin requirements to ensure that the system is profitable for everyone in the industry.
David Scott emphasizes the need for balanced capital and margin requirements in the financial system.
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The world is watching us today on this very strategic national security issue.
Thank you. And, Ambassador Tom, you note in your testimony that intellectual property theft is one of the primary threats posed by China.
This delay hurts the American people, especially in rural communities where our farms are, and it injects uncertainty into our nation's economies.
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