You very much. The committee on Natural Resources will come to order. The committee is meeting to hear testimony on the questions of the u. S. Park police june 1 attack on the Peaceful Protesters at Lafayette Square. Under Committee Rules, oral Opening Statements and the ranking minority member or his designee. This will allow us to hear from the witnesses sooner and helps members ge keep to the schedule. Therefore i ask unanimous consent of the members o memberg statements be made a part of this hearing records submitted by 5 p. M. Today. Hearing no objection, so ordered. Without objection the chair will also declare a recess subject to the call of the chair. As described in the notice of documents and motions will be submitted to the electronic. Additionally please note members are responsible for their own microphones and as with the in person meetings members can be muted only to avoid inadvertent background noise. Anyone present in the hearing room today must wear a mask covering
Were behaving peacefully thank you very much. The committee on Natural Resources will come to order. The committee is meeting to hear testimony on the questions of the u. S. Park police june 1 attack on the Peaceful Protesters at Lafayette Square. Under Committee Rules, oral Opening Statements and the ranking minority member or his designee. This will allow us to hear from the witnesses sooner and helps members ge keep to the schedule. Therefore i ask unanimous consent of the members o memberg statements be made a part of this hearing records submitted by 5 p. M. Today. Hearing no objection, so ordered. Without objection the chair will also declare a recess subject to the call of the chair. As described in the notice of documents and motions will be submitted to the electronic. Additionally please note members are responsible for their own microphones and as with the in person meetings members can be muted only to avoid inadvertent background noise. Anyone present in the hearing room t
President respond to it today. I am not going to go into it at length, but let me cut to the chase. And arizona are where new york and new jersey were 85 days ago. That is what you need to know. It is extremely important to understand that something has changed in the last 24 hours. This is the story front and center today. Jonathan the numbers are worrying. They are concerning. I am not going to get excited about 3 billion of trade between the eu and the United States. This has got to be about the reopening process. Does it constrain policymakers ability to push forward in states like texas . It. you just nailed consumer confidence, i think, is probably going to be one of the biggest drivers. We are already seeing this anecdotally across the country. Meanwhile, we have economists trying to get their hands on around just what this means. We will get projection from the imf on their latest earth outlook. They already pretty good the deepest recession globally and almost a century. We ar
President trump has said, enough, here are the tariffs on the outcome of june, and other selected items in europe. Francine we were talking about it when the news broke on those tariffs. 3. 1 billion dollars, it is limited in size, but it is very targeted and it seems to be on luxury projects. Which is why we are looking out the likes of burberry and lvmh down 2 50 . And a lot of the beer things. We all can survive it. [laughter] ever allow you back in the u. K. Kamali we can discuss shopping here in london instead. Tom i will have to see. You may joke about it, folks. But it is not only the idea of tariffs, but coming at this time of Global Economic struggle. Much to talk about. Guestl go to our next in a moment on the virus and get his prognosis for america. First with the first word news in new york city, here is ritika gupta ok, we have a technical difficulty right now. Francine, a data check. Francine, pick it up, please, lets look at the markets. Francine a lot going on in the ma
We will talk the markets, fx, and the dollar, but overwhelming all today is the news on the virus. Our team in brazil out with a terrific article on the pandemic in brazil. Jon, i know it is not equivalent , but it is the same energy about the sunbelt in america. At a pandemic, but it is worsening condition of the virus in the sunbelt. Jonathan youre right to say it is not equivalent because it is not, but it certainly is concerning regardless. For many Market Participants, theyve had confidence there is a higher bar to shutting down these economies once again. That teller into policy makers is beginning to be tested over the next several days. Will it constrain the reopening process . Will it hit his mrs. And consumers hit businesses and consumers . That concern is top of the mind. Tom i know we are within a range, but im sorry, i observed gold really out but your stop out,st and really up against an 1800 price target. Lisa i cannot say for gold, but i will just say, taking a step bac