The committee will come to order. Good morning, everyone. Without objection the chair is authorized to declare a recess of the committee at any time. With that i would like to recognize myself to give an Opening Statement. Today, the committee is holdingg our third hearing this congress on a critical issue, facial Recognition Technology. It is clear that, despite the private sectors expanded use of technology, its just not ready for prime time. During this hearing we will examine the private sectors development, use, and sale of technology as well as its partnerships with Government Entities, using this technology. We learn from our first hearing on may 22 of 2019 that the use of facial Recognition Technology can severely impact American Civil Rights and liberties, including the right to privacy, free speech, and equal protection under the law. We learned during our second hearing on june 4 how federal, state and local Government Entities use this technology on a wide scale, yet abide
Welcome to squawk alley. Im jon fortt. David faber and Morgan Brennan are here a lot to get to today, including winners and losers from last nights Golden Globes. Well begin with todays market drop, though stocks are off the lows, actually at the highs of the session. Bob pisani has whats driving todays down swing and maybe swing a little back up more than a little. We almost went positive a few moments ago on the s p 500 heres the intraday. This is similar to friday. The low print but v was there at the open friday we tended to have faded into the middle of the day, looked more like that. Well see if the same pattern happens. For the moment, we touch even going on the s p ill show you the sectors here cyclicals tend to be most affected energy on the upside today mostly the big integrated companies that are up, shale down, e banks down but off the lows same with transports not a good day for the transports overall retail is down, but again, off the lows thats the general pattern you se
Operations budget for the state department and the u. S. Agency for International Development. Committee members asked about the high number of personnel vacancies within the department and hiring from a diverse pool of candidates. This is about an hour and a half. The subcommittee will come to order. We meet today to discuss the state department and u. S. I. D. Fy 2020 operations budget. Without objection, all members may have five days to submit statements, questions, extraneous materials for the record, subject to the length limitations in the rules. Ill now make my opening statement, and then turn it over to the Ranking Member for his opening statement. Ive noticed that the republicans are a little bit faster getting over here after votes. I want to thank the Ranking Member mr. Zeldin members of the subcommittee and our witnesses for joining us for todays hearing for the fiscal year 2020 operations budget, also want to thank the witnesses for being accommodating knowing that our vo
Well discuss that story in just a moment kelly . But, first, lets get a check on the markets and the etf has been focused as the smh has its worst week of the year the smh hit a new 52woke high barely a month ago, and its down 5 this week. Marvel, micron and and mv the laggards some talk on the street around archer aviation, down 3 after soaring as much as 23 after settling a lawsuit with boeing over autonomous flying dispute its actually down 6 now, a volatile response. The quantum computing hardware foam up about 12 , reporting a larger than expected loss but raising its guidance. We begin with a slew of big deals, tapestry acquiring capri for nearly 9 billion, espn striking a 2 billion deal with penn gaming and campbells buying sovos for a little over 2 billion thats a lot of sauce. Dealmaking seemingly hot again and the same could be said for the ipo market according to the wall street journal the nasdaq and nyse are battling it out for prime listings dan, let me begin with you our
Good evening and welcome to politics nation. 2024. We are a couple of hours out from tonights Academy Awards in hollywood. We are awaiting the Biden Versus Trump action franchise to premier. With the president and his predecessor for the day to primary. I have my own awards to hand out. The best actor has to go to Congressional Republicans where they act like they care about the issues theyve been crying over. From the southern border to inflation. That is because they are taking cues from best director. Another easy choice in 2024. Who gave the best performances out of the worst actors. Even if it is not what the public wants to see. Just as the best award is for the producers, the best this year has been the president. They have actually produced something. A far better picture than what trump and the gop have to offer. That leads me to the last category, the best screenplay. Biden versus trump sequel will not be finished for another eight months. As the nation finishes the final dra