Instituted. This is two and a half hours. The committee will come to order. Without objection, the chairman is authorized to declare a recess at any time. The chair asks that ms. Debbie ms. Scanlan,ultz, else mr. Cooper, ms. Debbie Wasserman Schultz, and representative mary gay scanlon, b waved onto the committee. Without objection, it is so ordered. I now recognize myself for an Opening Statement, then i will record as the Ranking Member. I have agreed is the chairwoman on . Chairwoman wish to have an Opening Statement . I will recognize her, with your after. Ion, mr. Hice, lawrence, i will recognize. If somebody else on your side wants to have additional. The Postal Service is the crown jewel of our federal government. It serves every household and business every day. 630,000 brief individuals who live in every congressional district. According to pew research, 91 of americans have a favorable view of the Postal Service. Leaps and bounds above that of any other federal entity. During
Recess at any time. The chair asks that ms. Debbie ms. Scanlan,ultz, else mr. Cooper, ms. Debbie Wasserman Schultz, and representative mary gay scanlon, b waved onto the committee. Without objection, it is so ordered. I now recognize myself for an Opening Statement, then i will record as the Ranking Member. I have agreed is the chairwoman on . Chairwoman wish to have an Opening Statement . I will recognize her, with your after. Ion, mr. Hice, lawrence, i will recognize. If somebody else on your side wants to have additional. The Postal Service is the crown jewel of our federal government. It serves every household and business every day. 630,000 brief individuals who live in every congressional district. According to pew research, 91 of americans have a favorable view of the Postal Service. Leaps and bounds above that of any other federal entity. During the coronavirus pandemic, Services Value to this nation is greater than ever, serving as a linchpin to our nations response to the pan
Person. You will only see members and witnesses appearing remotely on the monitor in front of you. When they are speaking in what is known in webex as active speaker view. A timer is visible in the room directly in front of. For members appearing remotely i know youre familiar with webex by now let me remind you of a few points. First, you will be able to see each person speaking during the hearing, whether they are in person or remote. If you have your webex set to active speaker view. If you have any questions can about this pleas, Contact Committee staff. Secondly, we have a timer that should be visible on the screen when you are in active speaker with thumbnail view. Members who wish to pin the timetory their screens Contact Committee staff for assistance. Third, im not even sure what that means, but i said it. Third, the house rules require that we see you so please always have your cameras turned on if you want to be an active participant in this hearing. Fourth, members are appe
Begin tonight. Retailer started the day at a new high after the Company Reported better tha expected earnings and said the future looks bright. But thats not where the stock ended t day. Shares drifted lower after the open this morning and down fractional by the close. But the lowcost retailer sales are on a fiveyear win streak. A good sign when it comes to the health of the consumer and the econom and the drivers of walmarts business. Here is courtney reagan. Walmart continues to grow sales in the u. S. Thanks largery to the grocery business. S. Omparable sales grew the 21st straight quarter with strong traffic intores and growth online. Digital sales increased 40 . Chief Financial Officer brettgs told me being capturings were strong, the food business and pannedingelivery and pickup optionss driving shoppers to spend. Pickup, all are building grocery Customer Loyalty that continues to drive the positive growth that we see at walmart. Ecommerce was only about 5 of walmar u. S. s total
Have seen this week, will tomorrows report be a make or break moment for the rest of the year tim. Well the good news, mel, for those thinking that the data in the ism we built this up up as make or breb. Ism services and answering the question about payroll but the number was seemingly critical and it wasnt a good number. We print add poor ism and came intwo points cheaper than we expected growth at 52 handle. This is something the markets didnt expect and the s p sold off accordingly. And then very resilient got to a place people made assessments Different Reasons why we rallied. But the payroll number tomorrow because of the weakness in the adp and because of the building measurement up and all we do is talk about the consumer, lets look at the wage gains, hours worked those are the biggest parts. Obviously private payroll are things to wind chill there could be skew from census workers and what whatnot thats what people are trying to determine right now. And yes, very, very importa