Senator angus king and congressman Mike Gallagher. If i lived further north congressman al gore would be my member of congress. We are pleased to welcome Suzanne Spaulding who ill introduce people more formally prior to their also thomas fanning, two of the commissioners of the commission. First of all i want to thank the cochairs and that commissioners for the important work on the Cyberspace Solarium Commission. I think the end product is excellent. I think it has solid recommendations that a number of these are within our committees jurisdiction over the working hard to evaluate those and the ones that we can get them passed into law of these recommendations can be done through executive action. What id like to spend my time just enter my formal written state into the record, i just want to talk about two of the commissions recommendations. When i i got here in the congrs in 2011, cybersecurity was a hot issue. It still is. Its not going away. I remember the buzzword back ban is we
Introduce people more formally prior to their also thomas fanning, two of the commissioners of the commission. First of all i want to thank the cochairs and that commissioners for the important work on the Cyberspace Solarium Commission. I think the end product is excellent. I think it has solid recommendations that a number of these are within our committees jurisdiction over the working hard to evaluate those and the ones that we can get them passed into law of these recommendations can be done through executive action. What id like to spend my time just enter my formal written state into the record, i just want to talk about two of the commissions recommendations. When i i got here in the congrs in 2011, cybersecurity was a hot issue. It still is. Its not going away. I remember the buzzword back ban is we have to do something about this. Weve made a number of attempts and quite honestly we made a fair amount of progress. My own sense is the bad guys, the people and often always have
Ruiz. Nationwide the country has reported more than 100 deaths in a single day, and pushing the total infected 42,000. Lawmakers in washington are at a stalemate over a third economic aid package, this one with a price tag of 2 trillion or more. This is your opportunity to tell decisionmakers how this is impacting your community. Small business owners, 202 7488000. Medical professionals, 202 7488001. Ll others, 202 7488002 send us a text with your first name and city and state at 202 7488003. Twitter orents on facebook. Com cspan. Joining us on the phone is mike lewis for the hill to talk about what is happening in the senate. Lets begin with the negotiations in the Upper Chamber yesterday. Where did they leave things . Guest good morning. It was a long day yesterday. They left with no deal around midnight. They are very close. We dont know quite what that means because they have been saying that for the better part of the last four days. It is a wait and see moment. The treasury secre
Enomics. I want to begin with the Federal Reserves move yesterday, before the markets opening up, to buy back unlimited buying of bonds to help businesses. What exactly did they do and how does this help the economy . Guest hi, greta. Thank you to cspan. This is an extraordinary action by the fed the government is taking extraordinary actions in this unusual situation, something we have maybe not seen ever in American History with the combating of this virus. The other day, during his press conference, the president said he is a wartime president and we are fighting an invisible enemy. That is right. We are treating this like it is a war and it is ending invisible enemy, so you are seeing the steps by government. The fed is trying to combat deflation, trying to stabilize the economy by infusing more dollar liquidity into the u. S. Economy. Right now, because you have this global pandemic, whenever there is fear, everyone in the world buys dollars. There has been a run on the dollar, an
See, there are about a dozen weeks each year when were in the heart of earnings season and the wall street analysts become powerful enough to control the action this is one of those times they have an outside ability right now to move stocks particularly tech stocks. Today because of chatter about a possible break in the trade log jam with china and britain and iran didnt seem to go to war with the tak nker, the bulls pushed stocks higher its important to know how this works. Behind the scenes im opening the curtain to give you solid examples how the an lists are able to move some stocks and therefore the entire market. Its beens toed back and forth since it peaked at 64 and change for pulling back to 28 bottomed in december when micron reported, they made positive noises enough to send the stock into the stratosphere and Goldman Sachs decided to call the bottom in the chips and the stock had yet still one more leg higher as the buyers went nuts for it. And thats how it could rally ano