Because the threat posed by covid19 remain serious and widespread, we are proceeding in the best manner we can, remotely in todays case in order to ensure the safety of our witnesses, members, staff and the public. Todays conversation is essential to the oversight of how we should adapt and meet the challenge of increasingly assertive china especially in the backdrop of a Global Pandemic. I had hoped this would be a bipartisan discussion. Unfortunately, without reason or justification, republican colleagues have decided to absent themselves from the committee. I repeat my hope they will reconsider and join us for future unclassified public hearings and unclassified closed roundtables. We will continue to have them as they are being used to frame the oversight issues and requests and inform our members of the various threats facing the country. The American People expect congress will continue doing its job even in a pandemic and that means showing up at a minimum whether we want to or
Rep. Sherman the committee on Foreign Affairs will come to order. Without objection, the chair is authorized to declare a recess in the committee at any point, and all members will have five days to submit statements, extraneous materials, and questions to the record subject to the length and limitations of the rules. To insert something into the record, please have your staff email the previously mentioned address or contact the full committee staff. I see we that have a coram and before i go forward i understand the speaker of the house, ms. Pelosi, will be stopping by, and i ask unanimous consent that she participate at any point she arrives. And there she is. Madam speaker, would you like to make some remarks . Rep. Pelosi thank you very uch, mr. Chairman. I thank you and mr. Mccaul, mr. Eliot engel for having this hearing today. It is with Great Sadness that i come here because we had such optimism and such hope. The u. S. Congress has always spoken in a bipartisan house and senat
Into the end of the year. Some say good for him, it is about time we focused on hiring americans. That and more on making money. Charles apple, amazon, microsoft, facebook, netflix, yeah, all in record territory folks. [inaudible]. Sectors are higher with tech and Communications Services leading the way. As new home sales may have smashed expectations for may. 676,000 was the number there. Richmond fed manufacturing number saw a huge improvement. Then is was the bmi number almost at expansion. Wall street analysts and titans theyre coming around despite the fact they get hammered in the Financial Press for being optimistic. Credit suisse joined Morgan Stanley saying yes, well have stronger stock gains this year. Steve schwarzman says economy in for a big vshaped bounce. Where should we invest right now as we Gain Momentum . I want to bring in belpointe strategist david nelson and Heritage Capital paul schatz. Let me get your initial thoughts on the current action in the market the last
Several u. S. States report record numbers of cases. States reconsider plans to open. To data inadds australia. Shery lets get started with how u. S. Futures are kicking off trading. We are seeing them down. 1 after u. S. Stocks ended in positive territory but off session highs. We have speculation congress will seek additional stimulus. We also have some positive manufacturing data, although not in expansion territory as of yet. The s p 500 finished at the highest level in almost two weeks. Consumer discretionary and tech lead the gains, and the nasdaq composite again finishing at an alltime high. Eight sessions of gains boosted by apple and amazon as well. The dollar declined among most g10 are his. We did get that positive economic data. Improvements not only in the u. S. But also the euro area. Take a look at what oil is doing at the moment. We are seeing wti falling toward 40 a barrel, under pressure right now, really falling from that threemonth high ahead of a release of a key u
Cities it is turning back on china on its feet its going to be a very dangerous year a new cold war. On t. W. In the height of Climate Change. Africas most of. Whats in store for players to be used for their future in the. Culture for the major cities to go to get insight. Culture. Or to welcome so betty extraordinary nursing professionals as we celebrate their tional nurses day especially cation in the White House National nurses day is a moment to one of the people on the front lines of the pandemic. Dont trump is here to say thank you and sign a declaration while the nurses will go to look very moderate or go as he. To the press a Reporter Asks a question about the economy in his answer trump turned his fire on china framing the spread of the coronavirus like a military attack this is one of the worst attacks weve ever had this is worse than pearl harbor this is worse than the World Trade Center its never been attacked like this. And it should have never happened could have been sto