It is the principal reason why I held a hearing in this Committee in May 2013 assessing progress on cross-border resolution.
The financial crisis of 2008 was global in nature and taught us that systemic risk does not respect geographic borders.
I guess one thing I would also like to ask comments from the whole panel is I think one of the things that we have seen ...
I think we had pretty broad agreement from both sides of the aisle that there needed to be this clearer path to de-desig...
What I hear is there are not any of these standards.
It is time to get moving, to prioritize Federal funding to get our transit systems to a state of good repair.
Will there be Federal minimum standards for emergency radio interoperability standards?
We would be very focused on the end of May.
Now, given the size of our Nation's backlog on transit maintenance, which stands, as you said, at over $86 billion, grow...
There ought to be some level of common standards.
I do fear at times that the analogies back to NAFTA--thank goodness we are in a different world at this point.