07/12/2023
https://congress.gov...
"While FTX may be headquartered offshore, the circumstances surrounding its collapse strongly point to the need for developing thoughtful regulation to protect U.S. investors."
"I am concerned that if we do not change up the way we are doing things here, even the most ordinary systems are now targets of Chinese hackers."
"We are outnumbered like 50 to 1 in terms of... even if we put everybody on cybersecurity in the U.S. Government just on China."
"We are spending about $100 billion a year on cyber systems, although 80 percent of that... is actually going to maintain legacy systems."