From, prior to the hearing. We welcome our distinguished panel of witnesses and those viewing dramatically with Cyber Security at nasa. Increase telework during covid19. In early 2020 the world was caught offguard by the coronavirus. The office of management and budget rapidly shifted to telework operations. 17,000 Civil Servant employees and extensive contractor work. To its credit nasa prepared for the transition having held in agencywide telework exercise in early march. It expanded telework operations and today 75 percent80 of nasa silver servants work remotely, with project oversight and inspections, development work, engineering analysis and other activities. The shift to increased telework raises many questions, front and center cybersecurity. The increase and extended worth of telework means for protecting nasas intellectual property, personally identifiable information and mission operations. How do cyber challenges relate to increase telework affect the agencys overall Cyber
10 year. Crude now below 30. And not emphasize enough how much pain that will be causing to producers. To get a sense of where we are in the market, if you switch of the board, you can see some of the heavy hitters within the market, like apple and microsoft, down 10 , 11 . Also seeing bank of america off by 16 . The index which tracks the s p is down by almost 10 . Again, a world of hurt within the next two and half hours. We have some breaking news. The boe is pledging further prompt action when needed. No specifics on that, but they are pledging action as needed. We will bring you anything, any information as they come out. They said the dollar move to combat is there. This is governor bailey. Time now for global exchange, where we bring you todays market moving news from all around the world. From new york to washington, brussels and beijing come our bloomberg voices are on the ground with all of this mornings top stories. The Federal Reserve swept into action yesterday, cutting it
Also want to thank the witnesses for being accommodating knowing vote scheduled interfered with the original hearing schedule and accommodating us today. The topics covered in this hearing and i said this previously are not necessarily what is going to make cable news every night but incredible importance when we think of how best to serve the United States of america, our interests and Foreign Policy and the foundation for any real Successful Organization always starts with the right people and make sure they are equipped with the right resources and ability to do their job effectively. I said multiple times previously and want to reiterate we are proud of the men and women that serve us in our diplomatic corps overseas and in Development Work around the world and these are patriotic americans. I once again want to reiterate the work of how important it is for foreignpolicy and american strength. The last few months as subcommittees chairman i had the pleasure of meeting with many ind
Operations budget for the state department and the u. S. Agency for International Development. Committee members asked about the high number of personnel vacancies within the department and hiring from a diverse pool of candidates. This is about an hour and a half. The subcommittee will come to order. We meet today to discuss the state department and u. S. I. D. Fy 2020 operations budget. Without objection, all members may have five days to submit statements, questions, extraneous materials for the record, subject to the length limitations in the rules. Ill now make my opening statement, and then turn it over to the Ranking Member for his opening statement. Ive noticed that the republicans are a little bit faster getting over here after votes. I want to thank the Ranking Member mr. Zeldin members of the subcommittee and our witnesses for joining us for todays hearing for the fiscal year 2020 operations budget, also want to thank the witnesses for being accommodating knowing that our vo
And the report is my testimony. I would not provide information beyond that which is already public in any appearance before congress. Former special Counsel Robert Mueller set to appear before two committees of congress. The House Judiciary Committee and Intelligence Committee wednesday july 17th, 9 00 a. M. Eastern. He will testify in open session about his report into russian interference in the 2016 election. Watch live coverage on cspan 3, online at cspan. Org on listen with the cspan free radio app. Two household and security subcommittees held a joint hearing how fema contracts are awarded and managed. They want to know about a 30 Million Contract after Hurricane Maria was awarded to a new company and tarps were never delivered. They heard from fema, Government Accountability office and Homeland Security Department Inspector general office. The committee on Homeland Security will come to order. The committee is meeting today to receive testimony on fema contracting, reviewing Le