Gained 160 points, but the nasdaq dipped 3. 4 we still care about the federal reserve. They know nothing just kidding. Or the president s speech tonight at the Republican National convention. But the core question is very simple, do you think we can beat covid19 sometime soon or are you expecting it to plague us into next year that can be difficult to see today, we were obsessed with fed chief jay powells big speech at jackson hole we parsed every word, and it wasnt worth parsing he was a prisoner of the flimsy orthodoxy, but these days he doesnt want to be the reason the economy falls apart. Hes saying forget the foolish ways of the past 40 years of fed chiefs his goal is to help the economy, period, until the pandemic lifts. Its joyful. Hes really smart and good guy thats a stock market like a supermarket. There are some aisles we want to go to when the virus is raging, and theres others we want to go to when its on the ropes. We dont know when well beat this thing ive been telling y
The washington journal mugs, and see all the cspan products. Next, a look at the economic benefits of space from the u. S. Chamber of commerce. The chair ofude the federal trade commission. The seniorelcome the unitedent at states chairman of commerce. First of all, i want to thank christian and his team for organizing such an excellent program. We have worked on a number of important issues to our member the chamberst at Technology Engagement center, we are working to establish a National Data privacy standard that protects all americans equally and promote policies that enable emerging technologies like artificial intelligence, automated vehicles, and Unmanned Aircraft to thrive. Our goal is to see a workforce that is skilled and prepared for the digital economy. Threadments comment running through our work is the issue of data. Without a thriving, modern communications network, none of this is possible and that is why i am happy to be here today to introduce chairman pai. Who the so
Announcer please welcome tim day, Senior Vice President of the u. S. Chamber of commerce. Good morning. Its great to be here. Its great to see you. First of all, i want to thank christian zer and his team for organizing such an Excellent Program today. I have enjoyed working with christian on a number of important issues to c tek and our member companies. But at c tek, the chambers Technology Engagement center, we are, wind working to establish National Data privacy standard that protects all americans equally and promote policies that enable emerging technologies like artificial intelligence, automated vehicles, and Unmanned Aircraft to thrive. Our goal is to see a workforce that is skilled and prepared for the digital economy. The Common Thread running through all of our work is the issue of data. Without a thriving modern communications network, none of this is possible, and thats why i am happy to be here today to introduce chairman pai. Hes the son of immigrants that rose through
Yv States Government is a cash flow budget. And the recapitalization of the Nuclear Triade is a capital investment. We are talking 40 and 50year assets. One of the problems we are facing in our budget is it all comes out, it looks like its in the Defense Budget. I call it the pigon. There is this bulk of nuclear phodendization that should be considered capital investment. I think thats important for people to realize when you look at the Defense Budget there is a piece of it that is really something that probably should have been done over the past 30 years that we are trying to do in a hurry. Is that your reading . General cotton it is, sir. The way like to describe it is am responsible for maintaining and the components under me are responsible for maintainin on behalf of the president of the United States. Senator king general whiting you talked about we have the best Space Capabilities and have for many, many years. Thats the good news. The bad news is, the dependency that we have
Russia and china pose in these areas. This is just over two hours good morning. The Committee Meets today to receive testimony from general anthony cotton, commander of u. S. Strategic command or stratcom. And whiting, commander of u. S. Spacecom or spacecom. Gentlemen, thank you for your service to the nation and extend our thanks to the men and women who serve with you. As in the past we have asked the commanders the stratcom and until 2019. Spacecom was a part of Strategic Command. Mr. Reed as spacecom continues as an independent command, its important to identify any gaps or seams that emerged during the transition. On the global stage,si reckless. Recent press reports state that russia is considering violating rnnal space treaties and endangering the global use of space for Vital Communications and sensing. Further, putin has stab the strategy stability and arms control policies both our nations have respected for decades. Over the past year,has suspended its participation in the