A Company Called china mobile, and their u. S. Subsidiary from providing Telecom Services from the United States on the grounds of doing so was jeopardizing our National Security, the first time such a ruling had been issued. The fact that this was only the first time that a Foreign Telecommunications company had been denied approval to operate in the u. S. On National Security grounds prompted us to investigate other chinese stateowned carriers that were already authorized to operate in the United States, and we asked an important question why was china mobile u. S. A. Any different than these other three Chinese Companies . We discovered in our report, which again we issued just a month ago, that it wasnt different. We conducted a yearlong investigation into the government processes for reviewing, approving, and monitoring chinese stateowned Telecommunications Firms operating here in the United States, and we found once again over the years that the federal government had been lax wh
House passes and aid package and some corporate bailouts may come at the price of corporate equity stakes. And gilead shares crash as reports suggest its potential covid19 drug flopped in trial. Good morning, everybody. Program. O the we see a sluggish pace reflected in european futures. Much weaker. Features down, plenty of reasons to be gloomy if youre looking for them in terms of u. S. Jobs data, eurozone pmi data. We saw that certainly have an impact. Lets have a look at u. S. Futures. We do see some negativity and u. S. Futures in u. S. Futures. But not to the same extent. As we continue to watch the earnings stories coming in, lets get a bloomberg first word news update for you. The u. S. House overwhelmingly passed a nearly 500 billion. Oronavirus aid plan the white house says President Trump will sign the legislation today New Washington time. Treasury secretary Steven Mnuchin once equity stake in exchange for a share of 17 billion in aid. He says Public Companies critical to N
Thank you everybody, and thank you so much for being here here and for that introduction as well. This is not going to be a late discussion by any stretch but youll final it worthwhile. Ill speak for a while and then engage in questions and answers with you in the audience. This is a like i said headquartersy subject, crucially important for this nation as we head into the 2016 elects. And that is the mean by which business business bs have moved to steer the american political process their way, and by and large, by no means entirely but by and large, theyre succeeding. In its entirety and complexity, this is a story far, far bigger than any one book can hold. It includes such forces as the Koch Brothers and their farreaching networks that are as we speak raising enormous amounts of money to influence the president ial and congressional races and they have the a huge network of donors and also includes a whole swarm of super pacs and dark money groups that are forming alongside pretty
Ballot that will be thrown out. Plea silencer cell phones so we can have your full attention this morning. We want this to be a lively discussion and we want to hear from you this morning. So we would welcome your comments, your questions and your feedback via twitter, hashtag in j. Day after. We will also be accepting questions via twitter seize our moderators will have ipads in hand. Going to pose your question that way thats fantastic. We will also be circulating with microphones during the event. If youll just state your name and organization when posing a question that would be helpful. I want to get a quick rundown of this mornings program. First we weaken with a Panel Moderated by ron fournier, about last night analysis of key Election Results and outcomes. The next panel Getting Congress to govern will be moderated by ben pershing, and the final panel, a conversation with case papers will be moderated by michelle cottle. Closing the program will be a conversation with charlie c
Well, maybe we will stay away from this. And mcconnell, i do know some specifics of people who publicly theyre saying, he will not be for mcconnell and i know privately that they have had the conversation and now there with mcconnell. And crews will look around and there will not be that many people with him. Mcconnell can deal with this. We are couple of minutes away from the audience to q and a section. There are microphones that you cant stand that if you want to line up. So, a couple of more minutes of conversation and then we will go to the q a. One more question i had, we can talk briefly about health care and if it will get repealed. Do you think it is possible that the parties will agree on some smaller part of the Affordable Care act that might get fixed or repealed . Puts people like paul ryan recognize that it is probably not good to have the 59th vote to repeal obamacare in the opening session. Most people feel that there are some decent prize to the Affordable Care act and