Subcommittee meets today to receive testimony from under secretary of defense for acquisition and sustainment, ellen lord, concerning supply chain integrity for the department of defense in the United States. Since our her initial confirman as the undersecretary of defense, secretary lord has overseen significant acquisition reform at the department of defense, and a chill well talk about some of that today. As the u. S. National armaments director she has traveled to see the u. S. , throughout the u. S. And to see our allies and partners with regard to the development and Manufacturing Activities around the world, and, unfortunately, has seen firsthand just how reliant the u. S. Defense Industrial Base chain has become come to class relates to china. With the rise of china and Great Power Competition of the global covid19 pandemic, the vulnerabilities and gaps in our supply chains particularly as relates to National Security have taken on a new urgency. What you think Ranking Member k
Kick it off with gerri willis. What a week and what a day, this is been a rotation out of tech stocks, it is getting slammed all week long, no different today, as weve been talking about today, the dow is up for the week but the s p and nasdaq not so much, both of the index down for the week, the dow, s p were on pace to snap a two week losing streak but the dow managed to fight back a little bit, as we close were seen something just a little bit different, all three major indexes down as we can see right here, as we move on, the big focus on apple today, it was on pace to enter a bear market and it did exactly that, take a look apple shares, apple below 10734 cents, it did indeed do that losing 536 billion in market value, yes with a b since its record closing high on septembea rotation out of what you would call the big tech names, we talk so much on the network, apple, google, netflix, you name it, microsoft, all the stocks are heavy pressures, as investors sold and moved into new s
Pray. In conroy let us loving god, we give you thanks day. Iving us another peace. Your spirit of inspire the members of the peoples house this day. Spirit of wisdom, patience, and understanding in work they do. Throughout our country, the of the coronavirus plague continue. Those who are in arms way health care professionals, those engaged in delivering goods and services to communities, and teachers at all levels. Send your spirit of healing to those who suffer from and those who mourn died. Who have lord, god, have mercy on us. Day be that is done this for your greater honor and glory. Amen. Amen. Eaker pro tempore pursuant to section 4a of house 967, the journal of he last days proceedings is approved. The pledge of allegiance will be led by the gentleman from california, mr. Schiff. Please join me in the pledge. I pledge allegiance to the flag of the United States of america and to the republic for which it god, one nation under indivisible, with liberty and justice for all. The s
All the fast moving developments. The back to improving trend here but the markets are chewing on that, i guess assessing not improving fluff. What is your take . I agree with you. If you look at continuing claims, they have fallen pretty dramatically. The weekly claims there is sense by the market to keep the momentum going. Maybe that is a stimulus package. We dont know. Obviously the market takes it as a slight negative. We have had in the economy last couple months is housing boom, explosion in building. It has driven up commodity prices. Lumber prices. Multiyear highs. Multidecade highs. There is a concern that may cool off a little bit. Housing starts slowed down a little bit in august. There is a little bit of concern, that maybe that bright spot in the economy is starting to go down a little bit but not so much if you look at the oil market. Look at the oil market it is kind of signaling Better Things ahead. Weve seen a big jump up in oil prices, the last couple of days, a big
Book team of rivals was the inspiration for Stephen Spielbergs lincoln in 2012. Doctor goodwin earned her phd at harvard. So coming up, were going to re air her in death appearance where she discussed her entire body of work and took phone calls. Will also be showing you discussions from her books, leadership in turbulent times. In holy pulpit. So well start with a january 1st, 1995 the parents on cspan series footnotes. In this hourlong interview, she discussed franklin and Eleanor Roosevelt in the home front during world war ii. Her book, no ordinary time, won the Pulitzer Prize for history. Now here is historian doris goodwin. Author no ordinary time. If you could ask either Franklin Roosevelt or Eleanor Roosevelt a couple of questions after all of the work that is done. What would you be. I think it would like to understand why she was unable a certain moment in the middle of the war when he asked her to be his wife again and stop traveling and stay home and take care of him, and i