Good morning. This hearing will now come to order. I am pleased to welcome our distinguished panels of Witnesses Today on the economic subcommittee focusing on a very important topic and i think theres a lot of bipartisan interest in and that is the economic geostrategic challenge with the rise of china poses for the United States not just today but in the future. The calmness party led peoples republic of china through unfair treatment practices and intellectual property theft market manipulation and very prominently in my view not reciprocal treatment not just in the economic realm but in many realms has been a force in the Global Economy that undercuts the resiliency of the u. S. Economy. Its been one of the worlds fastestgrowing economies averaging close to 10 growth from 1979 to 2015. In 2014 china overtook the United States as the Worlds Largest country in reducing power according to the International Monetary fund. I believe there is a strong bipartisan interest and hopefully we
Seemingly inknockous app as the latest threat to americas security. Speaking of bans, when apple ejected a small email service app a couple of weeks ago, the man behind that app launched a david versus goliath battle with the Silicon Valley behemoth and lived to tell. The co founder and ceo of an email parent base camp is here in a fox business exclusive in why this fight with apple may be far from over. Markets looking to close out their second straight week propelled by a major positive development on the vaccine front. The dow popping back above 26,000. And right now were slightly below it at the moment, but were still up 273 points. The s p up 21. And the nasdaq is heading for its third record close in a row, but the high spirits could change come next week if Second Quarter earnings season gets hit with the ugly stick. A stop economist is here to tell us how a top economist is here to tell us how it is going to play out and you can avoid getting bruised. A massive storm is bearing
Disturbing and said it could top 100,000 cases per day. And we are preparing to close the books on what has been a rough first half of the year its included a painful, record breaking sell off followed by a fast, record setting climb back up stocks set therefore for their best quarter in decades. 59 minutes left of the session morgan, we are up a full percent on the s p 500 yeah, were watching that last day of the quarter, last day of the first day my goodness. Coming up, as we wrap up the first half of the year, were going to focus on why not work from home. Twilio stocks up in 2020 well speak with the ceo about the demand for his companys Cloud Services during the pandemic mike is tracking the Market Action kayla has the highlights from fed chair powell and secretary mnuchins testimony on capitol hill and joining us to look ahead to the second half of the year is lori but mike, lets start off with you and a look at the market this is a good illustration of the old say a iing dont sho
Cspan radio app. Next, a conversation on the u. S. China relationship during the coronavirus pandemic. Well hear from former Trump Administration National Security advisor hr mack master. Mcmaster. This event forum hosted by the Hoover Institute was held by video conference. For more than a century our mission has been dedicated to generating policy ideas that promote individual, economic and political freedom, private enterprise and representative government. Today we bring you our newest online virtual series entitled hoover capitol conversations. This series will bring Hoover Institution fellows together with policymakers for indepth informed discussions examining some of the major policy challenges facing the United States and the world. By bringing together the players in policy development and policy execution, we hope to pull back the curtain on some of the discussions that happen behind closed doors traditionally. I hope you enjoy this fireside chat between those who generate t
From earlier today, this is just over 20 minutes. Secretary pompeo i want to send americans ces to the and people around the world who have suffered from the lost of this ones because of horrible virus. Many americans, too, are hurting because of the economic challenges. Work. Ant to get back to i was talking to friends back in kansas this week. Theyre all anxious to get to they had back in november, december. Im confident we will be able to get them back there just as quickly as we can. Were to talk about what doing at the state department. Were fighting against the outbreak that originated in china, and were working to bring people back home. 72,000 americans from 129 countries that have returned to their lives and their families. But as we battle the pandemic, administration wants to make sure we secure our Foreign Policy mission. On that even when the virus challenge confronts us all. Irst, to help the unstable places. In venezuela, im pleased to multi levelthe effort to restore de