College athletes ability to earn money from endorsements. They spoke at a Senate Commerce subcommittee hearing. Good morning, everyone. The committee the subcommittee will come to order. Were honored to have the chairman with us this morning, and i expect senator blumenthal to join us momentarily. As chairman of this subcommittee with jurisdiction over amateur athletics i welcome all of you to todays hearing entitled name, image, likeness, the state of intercollegiate compensation. The expectation or hope is that we might limit ourselves to that kuip of conversation but i have no control over my colleagues or what the witnesses may say that may take us broader in scope. I look forward to hearing from our witnesses. Im appreciative of all of them being here but especially the chancellor of my alma mater the university of kansas, the president of the collegiate Athletic Association and two former student athletes. In my home state we have a rich history of College Athletics. The womens s
Jerome powell was on capitol hill to update lawmakers on the economy and Monetary Policy. He spoke about the Economic Impact of the coronavirus, Cyber Threats in the Banking Sector and his influence in the Global Economy among other topics. This services hearing is three hours. I now recognize myself for four minutes to give an Opening Statement. Id like to welcome back chairman powell. As i discussed earlier, and at our last hearing with you, i remain very concerned about the president s efforts to interfere with the feds interMonetary Policy. A recent news story noted that trump has tweeted over 100 times about your nomination. Many of those tweets appear to be attempting to exercise pressure on the fed. Chairman powell, you and the fed board of governors must not be swayed by these aggressive tactics. Fedsolding the independence, you should also be mindful of public perception. Of course, trump continues to claim credit for Economic Growth that was put in motion by the policies of p
To sit with the subcommittee at todays hearing. And i asked questions without objections so order. I want to welcome or witnesses in particular. But all of you todays hearing, as we are faster galloping towards the need to reauthorize the fast act and our citizen localities are looking to us to see what were going to do. This morning i met with a group here in the congress. The focus has been on revenue and why not . Especially since this has been the most difficult for weve had to do. But the issues having waited for congress to catch up on revenue. People are asking and in the using methods for to get rid of congestion and to bring us to the 21st century on transportation. And today here are going to look at some of those questions. The nuance is a federal towing policy. Of congestion prices. Of technology certainly russians to address congestion. And many other trade can meet today. So Congress Federal and fail to solve the revenue question, congestion has been as negativity attacke
Us comments todays hearing without objected ncis or order. I ask anonymous that members one of the may be permitted to sit with the subcommittee at todays hearing. And i asked questions without objections so order. I want to welcome or witnesses in particular. But all of you todays hearing, as we are faster galloping towards the need to reauthorize the fast act and our citizen localities are looking to us to see what were going to do. This morning i met with a group here in the congress. The focus has been on revenue and why not . Especially since this has been the most difficult for weve had to do. But the issues having waited for congress to catch up on revenue. People are asking and in the using methods for to get rid of congestion and to bring us to the 21st century on transportation. And today here are going to look at some of those questions. The nuance is a federal towing policy. Of congestion prices. Of technology certainly russians to address congestion. And many other trade c
States of emergency along the southeastern sea board with florida, georgia and the carolinas are null the strike zone all in the strike zone. We will have the latest forecast and we will speak with North Carolina governor roy cooper about the preparations underway in his state. But first, police now looking into a motive for a deadly mass shooting in west texas. They say a gunman opened fire on officers during a traffic stop on an interstate, i20 near midland then took offshooting at people randomly from his car as he made his way west to odessa even carjacking a u. S. Postal vehicle, killing at least four people and wounding at least 20 before Police Killed him in a shootout. We will hear from the Texas Attorney general in a minute. We begin with correspondent mike tobin in odessa, texas. Good morning, mike. Good morning, mike. The latest update from police is that of the five people who died out here, one of them was the gunman. Four of them were victims of the gunman. All started wi