Good morning. This hearing will now come to order. I am pleased to welcome our distinguished panels of Witnesses Today on the economic subcommittee focusing on a very important topic and i think theres a lot of bipartisan interest in and that is the economic geostrategic challenge with the rise of china poses for the United States not just today but in the future. The calmness party led peoples republic of china through unfair treatment practices and intellectual property theft market manipulation and very prominently in my view not reciprocal treatment not just in the economic realm but in many realms has been a force in the Global Economy that undercuts the resiliency of the u. S. Economy. Its been one of the worlds fastestgrowing economies averaging close to 10 growth from 1979 to 2015. In 2014 china overtook the United States as the Worlds Largest country in reducing power according to the International Monetary fund. I believe there is a strong bipartisan interest and hopefully we
The dow is up more than 3 good week for the s p 500 as well the best since early july. As we close out this week its right to point out as tyler just did were not that far away from record highs and that trajectory has been little rocky but its been, you can see to the upside. Just a couple percent away from the record highs that we saw prepandemic back in february as we take stock of the week, check out these particular sectors. They have been a focus for many traders and investors. Check out whats happening with industrial, communication services, internet related names and technology stocks. These three sectors have out performed the500 this week they are the more defensive, less economically sense tiitive names. Theyre all in the green but not as much as the market overall. Watch those as under performers. Can you believe it, tyler, its been two years since that famous or infamous elon musk tesla tweet about funding secured at 420 per share over two years, you can see a 277 gain. B
Good morning. This hearing will now come to order. I am pleased to welcome our distinguished panels of Witnesses Today on the economic subcommittee focusing on a very important topic and i think theres a lot of bipartisan interest in and that is the economic geostrategic challenge with the rise of china poses for the United States not just today but in the future. The calmness party led peoples republic of china through unfair treatment practices and intellectual property theft market manipulation and very prominently in my view not reciprocal treatment not just in the economic realm but in many realms has been a force in the Global Economy that undercuts the resiliency of the u. S. Economy. Its been one of the worlds fastestgrowing economies averaging close to 10 growth from 1979 to 2015. In 2014 china overtook the United States as the Worlds Largest country in reducing power according to the International Monetary fund. I believe there is a strong bipartisan interest and hopefully we
Symbols of suppression. White supremacy, racism ngs and other toxic beliefs exist in our ranks impacting how black soldiers advance, their assignments, career fields, and how they are treated and assessed. Africanamericans comprise just a single digit percentage of Fighter Pilots and navigators, only 5 of army green berets, 2 of navy seals, and only 0. 6 of the air forces rescue jumpers are black. Structural racism still exists in our military formations. 43 of Minority Service members report they have seen examples of White Nationalism or racism within the ranks. These issues didnt happen suddenly but festered unchecked by a culture of indifference or intolerance. This culture extends to gender disparities we still see in our armed forces. We have made progress and this year witness historic barrier breaking firsts. Chief Master Sergeant joanne bass was selected as the first woman to serve as the highest ranking noncommissioned officer in a Service Components. Lieutenant junior grade
Before we do, we should see if there are minutes of the public who wish to address the board. My mistake. Open up for Public Comment on this item. To the amended minutes that were recirculated from may 19. Members of the public who are watching this meeting via sfg tv who wish to address the board call 8888086929 and press 9961164. All right. We will wait a moment to see if there are members of the public who wish to address the board with respect to the amended minutes of may 19. Director borden, put yourself on mute. All right. Moderator is telling us there are no callers. Seeing of no callers s the floor closed officially . Yes, madam chair t moderator will close Public Comment for the minutes. And there is still a roll call vote on the minutes . A yes, madam chair. Director borden. Aye. Director brinkman . Dr. Brinkman, unmute. Aye. Dr. Eaken . Aye. Heminger. And that is approved by unanimous approval. Item 5, communication. Before i get into the extensive directions here, i just w