And technology outperforming in todays trade. Theyre all up more than 1 hers at the moment weve got 59 minutes left to go in another wild session. Green across the screen once again. The company now pivoting to very different space. Well speak with the ceo about the strategy shift plus, former ceo getting in on the spac craze with a Blank Check Company. Lets get straight to the big stories were watching mike santoli tracking the market on this first day of the Fourth Quarter. Steve leezmiesman has a look ate Economic Data and we have the latest on the stimulus notions its been a little jumpy. A little fitful action it is shuttling up and down within that range. It seems as if the market is trying to shake out the people or the al go riridg al algoriths the year to date chart, we remain here. We keep pointing out its kind of this, you know, upper range above the year to date break even level it is about 1 , 1. 5 up from this level in the 3400s. People say maybe represent an upside break
Is that correct . I believe thats the case. Mr. Rogers not here. With that, again, i thank the chairman, and i now welcome power panel of witnesses. First, i would again like to welcome senator king, the former governor of maine who served as cochair of the solarium kitchen. Sits on the Senate Armed Services committee and intelligence and others and has been a vocal leader in cybersecurity throughout his tenure. I welcome the senator here. Next, representative Mike Gallagher, cochair of the Cybersecurity Solarium Commission and current member of the house of representatives for the 8th district of wisconsin. Mr. Gallagher is a member of the house Armed Services dmt a s co and a former member of this committee. Id like to welcome mr. Gallagher again back to congress after his paternity leave. I thank you for interrupting your paternity leave and being here with us. Again, gratsz on your daughter grace. In addition to being a huge packers fan, going to be proud of her father for the work
The speaker pro tempore for what purpose does the gentleman from california seek recognition . Mr. Speaker, i move that the house suspend the rules and pass the bill, h. R. 5322, the ensuring diversity in Community Banking act, as amended. The speaker pro tempore the clerk will report the title of the bill. The clerk h. R. 5322, a bill to establish or modify requirements relating to Minority Depository Institutions, Community Development Financial Institutions, and impact banks and for other purposes. The speaker pro tempore pursuant to the rule, the gentleman from california, mr. Sherman, and the gentleman from sk, mr. Timmons, each will control 20 minutes. The chair recognizes the gentleman from california, mr. Sherman. Mr. Sherman mr. Speaker, i ask unanimous consent that all members may have five legislative days within which to revise and extend their remarks on this legislation, and to insert extraneous material thereon. The speaker pro tempore without objection. Mr. Sherman i yi
Thats the worst performance in two weeks. The dow has been down. Nasdaq have been down five out of six the tech selloff was worst it continued down 3 led lower by stocks like apple the same old story big volatility coming. Those are really the tail thats been wagging the dog for a while. Youll see the nasdaq is lower once again the other two averages hanging in there the s p on the flat line nasdaq down another 50 points. Fur watching what is happening over the last two months they closed. Dow at the lowest level since the third. The 10year sitting at 0. 66 the story that seems to never end, tiktok. Here we go the owner bytedance applying for an export license in china as it pushes for a deal in oracle and walmart. They did not mention the pending deal and technology it was seeking to support calling the deal dirty and unfair they have no reason to approve it all of this raising questions about that prospect and what that would ultimately look like. What happened earlier in the week we
The governors of new mexico, kansas and guam as well as douglas holtzeakin, former director of the Congressional Budget Office. This virtual hearing is just over four hours. The committee will come to order. Authorized to declare recess of the committee at any time. Before we begin todays hearing, i want to remind you of a few matters including some regulation accompanying House Resolution 965. I would ask all members to keep themselves on me was. This will minimize disturbances not being recognized with background noise they made only again one at a time. If you are participating today please remain with us during the hearing t that she recommends vendors identify themselves and facilitate the chairs recognition. I would also ask members to be patient this hearing is entitled the need for Financial Aid to americas states and territories during the pandemic. I now recognize myself for four minutes to give an Opening Statement of the 189,000 people have lost their lives to the virus las