Thank you very much, Mr. Cavallaro, and of course, to all three of our witnesses.
I just want to point out to my committee colleagues that there will only be time for one round of questioning. If there are members from each party who want to split the time among themselves, please be aware that there won't be a second round of questioning because the time is going to run out on us.
That being said, Ms. Hardcastle, would you like to begin?