I welcome back, chair paul, it is nice to see you at least hoist a year, for the economy to truly deliver security opportunity for American Workers, we need plentiful job opportunities, we need high wages, we need low prices. Prices are the current problem that has been decades since workers had all three at once. No matter what goes wrong in the economy whether, its a faction crisis or bank failure, whether its supply chain turmoil or other market Chain Disruption working people always pay the price. Corporations, somehow, reach the process. Financial profits go up. Mass unemployment, profits go. Up global pandemic, profits go. Up war in europe, profits go up. Increasing energy, profits go up. When supply chains ground to a halt when russia invaded ukraine and the economy reopened, demand surged everywhere at once. The rest of us saw problems to solve. But in many corporate boardrooms, executives instead saw an opportunity. For the largest multinational corporations, inflation has bee
This is about two hours and 15 minutes. [inaudible conversations] [inaudible conversations] the finance committee will finance committee will come cto order. K we examined the change healthcare act that nearly brought the Healthcare System to a stand till. Joining us is mr. Andrew woody. He willcall uhg and own change healthcare. Lets put i things in prospective. They generated 324 billion in making it the fifthbillion in largest in the country. Touchedos 152 individuals across all lines of business. Insurance, home health, and pharmacy. With its profits uhg purchased dozensth of Healthcare Companies and the largest purchaser of practices. I this corporation is a healthcare i believe the bigger the company the bigger the responsibilityty to protect systems from hackers uhg was a bigd. Target long before it was hacked. The fbi said the Healthcare Industry is the number one target of er one ransomware. Y 15 billion transactions annuallh are done and third of american patient records pass
Officials from the Social Security administration, National Archives and state department testified about federal services backlogs due to the covid19 pandemic. Modernization efforts and staffing issues. The House Oversight and accountability subcommittee hearing is about three hours. The subcommittee on Government Operations and federal workforce will come to order and we will welcome everybody to this board hearing. Without objection the chair may declare recess at any time. I recognize myself forthe purpose of making an open statement. Before we go to the floor id like to if i can acknowledge that even formal settings like this we recognize that its important to remember we are all people. And we have families and understand that some of the people who do Business Today have been visited by some hard luck in their life with a loved one and without saying anything in particular. Perhaps many of us more than one or two are affected and its my wishes for them and their family in these
Officials from the Social Security administration, National Archives and state department testified about federal services backlogs due to the covid19 pandemic. Modernization efforts and staffing issues. The House Oversight and accountability subcommittee hearing is about three hours. The subcommittee on Government Operations and federal workforce will come to order and we will welcome everybody to this board hearing. Without objection the chair may declare recess at any time. I recognize myself forthe purpose of making an open statement. Before we go to the floor id like to if i can acknowledge that even formal settings like this we recognize that its important to remember we are all people. And we have families and understand that some of the people who do Business Today have been visited by some hard luck in their life with a loved one and without saying anything in particular. Perhaps many of us more than one or two are affected and its my wishes for them and their family in these
Representatives from the Social Security administration, the National Archives and state department highlighting the pileup, including increase in demand for passports. The subcommittee on Government Operations and federal workforce will come to order and we will welcome everybody good afternoon. The subcommittee on Government Operations and the adderall workforce will come to order and we would welcome everybody to this important hearing. The chair made it clear, recess any time. I recognize myself for the purpose of making an open statement. Before we go too far, i would like to, if i can, acknowledge that even formal settings like this, we recognize that it is important to remember that we are all people and that we have families. I understand that some of the people have been visited by some hard luck in their life with a loved one and i wanted to, without saying anything in particular to let those no perhaps many of us may be affected but that it is my wishes for them and their fa