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Thank you, Director Easterly, for joining us today, and for your military service.
In 2018, Congress authorized CISA to protect the Nation's cyber and physical critical infrastructure. We invested heavily in this operational agency and its mission over the last three fiscal years, increasing the budget by 44 percent from $2 billion to $2.9 billion.
The President's latest request would put you over $3 billion. That's a fair amount of dollars.
Today, I would like us to drill down and quantify the return on that investment for the American people, as CISA's mission has never been more important.
Nation-state actors backed by China, Russia, North Korea, Iran, and others are targeting government and private sector networks to steal intellectual property, probe our defenses, disrupt operations, cause panic, and inflict financial consequences on the homeland.
This afternoon, we welcome the Administrator of the Transportation Security Administration, David Pekoske to testify on TSA's fiscal year 2024 budget request.
Administrator Pekoske, thank you for joining us today. I'd also like to take a moment to congratulate you on being confirmed for a second term as TSA Administrator. In today's political environment, it's quite an achievement to work for multiple Administrations. Thank you for your leadership and your service.
TSA's mission is vast and embedded in the principle that transportation security is national security.
Established in the immediate aftermath of September 11th, 2001, TSA works to combat dynamic threats across this nation's transportation systems and protect the traveling public.
The Subcommittee will come to order.
Thank you all for being here this afternoon. I would like to welcome our witness, Mr. Rostin Behnam, Chairman of the Commodity Futures Trading Commission, to review the fiscal year 2024 CFTC budget request.
The CFTC is requesting $411 million for FY2024, which is an increase of $46 million - or 12.6 percent - over the FY2023 enacted level. The request includes a $12.7 million increase for personnel compensation and benefits, as well as a $30.9 million increase primarily within the Divisions of Data and Administration for IT services, in particular for migration of data from legacy systems to cloud services.
It is important to note that from FY2022 to FY2023, the agency received a $47 million increase in baseline funding and grew from 676 to 759 employees. And this budget is seeking yet another $46 million increase.
The hearing will come to order.
Good afternoon and welcome back, for the second time today, to discuss the President's budget proposal for FY 2024.
Earlier this morning, Secretary Haaland with the Interior Department joined us and now we are pleased to welcome Administrator Regan from the Environmental Protection Agency. Thank you for being here today, Administrator Regan.
As you know, I previously served as Chairman of this subcommittee, and I'm very excited to be back in this role again.
In part because I am a lifelong conservationist from a Western state and recognize the importance of protecting and preserving our land and water resources.
