211,000 cases and 5400 deaths. It is Prime Minister Boris Johnson is facing a battle in the house of lords over his controversial plan to break International Law over brexit. Prime minister johnson has agreed to give the house of commons a veto over whether the government can exercise its proposed powers to override parts of the brexit agreement. He made a after meeting conservative mps who were threatening to rebel against him. The house of lords is expected to reject a bill by a large margin. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories from around the world we are following. Investors reacting to the feds signal it will leave rates near zero through at least 2023. Chairman powell striking a cauti
Good morning, this hear is cool called to order. I want to welcome all the witnesses and thank you for your thoughtful, written testimony and looking forward to your oral tangherlini. Id ask my written Opening Statement be entered into the record. I want to make a couple comments. About really kind of what i want to see the goal of this hearing to be. Its similar to the the goal of every hearing is a base account problem solving process. This committee under my chairmanship developed a a Mission Statement to enhance the National Security of america to promote more effective and accountable government. The reason im pointing it out today is i cant think of a hearing that that Mission Statement is more applicable to. When we Start Talking about 5g were talking about the Economic Opportunity and the National Security risks. In order to take advantage of that and avoid the National Security risks. We need more effective government to step up to the plate to compete against what unfortunate
This hearing is called to order. I want to thank you for your written testimony and prayer oral testimony and the answers to our questions. I asked that my written Opening Statement be put in the record. On to make a couple of comments about what i want to see the goal of the searing to be. Ive done this in a while but my chairman developed a statement to enhance the Economic Security of america for a more Efficient Government and the reason im pointing out today is i cant think of a hearing where that statement is more of likable. When we talk about 5g we talk about the Economic Opportunity in order to take advantage of that opportunity to avoid those Security Risks, we need more Efficient Government to step up in competing against what is becoming a friendly economic rival but adversary in the many cases on the line on the world stage in china. So, in terms of the definition of its product, im really hoping to be able to lay out a certified definition at lay out some priorities of th
Done this in a while but my chairman developed a statement to enhance the Economic Security of america for a more Efficient Government and the reason im pointing out today is i cant think of a hearing where that statement is more of likable. When we talk about 5g we talk about the Economic Opportunity in order to take advantage of that opportunity to avoid those Security Risks, we need more Efficient Government to step up in competing against what is becoming a friendly economic rival but adversary in the many cases on the line on the world stage in china. So, in terms of the definition of its product, im really hoping to be able to lay out a certified definition at lay out some priorities of things we need to address so that we can focus everyones attention on this. Let me take a stab. This is an unusual opportunity. Its an opportunity moving to 5g which would be trillions of dollars of activity. Its an enormous opportunity with the competition and take advantage of that opportunity a
Oversight of the department of Energy Research and development enterprise. Welcome, mr. Secretary. Were delighted youre here today. This committee has jurisdiction over the department of energys vitally important science and Energy Research and development activities. The laboratories and facilities so i hope we see you much more frequently from now on, and i look forward to working with you throughout this congress. With the budget season mostly behind us, id like to bring just a few minutes and a few items to your attention. Ill start with the good news which is that despite the administrations best effort to make draconian cuts across the board to deo research and Development Programs, most actually fared well in the house of representatives. Im particularly pleased to see the increases to the budget for arpae and the long Programs Office both of which have yielded truly transformative results for Energy Technologies of all types. Im also quite happy that the house supported a subst