That because we know Energy Security is essential to National Security. Nord stream 2 threatens european Energy Security, increases russian monopoly over the region. To me this pipeline is a russian trap. Strongly support your recent announcement aimed at stopping this dangerous pipeline. Congress is quickly working to provide the administration with additional tools to prevent nord stream 2 from ever being completed. Both the senate and house passed their own versions of the Defense Authorization act. Could you talk about the administrations commitment to opposing the nord stream 2 pipeline and applying sanctions against those companies aiding in the completion of this russian trap . The ironny is this administration is accused of not being tough on russia. This pipeline created enormous leverage for russia not only against germany and broader europe but ukraine as well. And so we set about in good sport on capitol hill and we got legislation that was appropriate to and now have delay
Test test captions Copyright National cable satellite corp. 2008 acts in a way consistent with American National security and the security of our nato partners as well, diplomats on the ground are working diligently. I had a pointed question. I know that youre a harvard graduate, west point graduate, you know what my question was. Its not about everything else, its about caatsa. Youve decided not to answer that. The final question, you had the Inspector General of the state department, mr. Linick, ultimately fired, that is that correct . I recommended to the president he be terminated, yes. You recommended it to the president he be terminated why . Because he was conducting investigations that may affect you . Senator, at the time i made the recommendation to the president i was unaware of any of the investigations that he had ongoing at the time with one exception i was aware of an investigation he asked me to provide testimony, i provided that testimony. Other than that i was unaware
Still a dollars story. Bloomberg dollar index looking like the u. S. Dollar is steady in the last 12 hours, but on course for potentially its worse july in a decade. The dollar index is flat essentially. U. S. Dollar, yes, i want to focus on this because 103. 50 is a key line. Modest upside for the u. S. Dollar. Japan downgraded from fitch to negative outlook. But you could see further upside. 103. 50 is a line to watch. In terms of offshore currency in the mainland, or in china, 7. 0 is what we are looking at. The euro is modestly stronger against the u. S. Dollar. Gold and silver and the yield story in the u. S. , gold started to modestly moderate. At. 6 is what we are looking silver also taking a bit of profit. Basiseld story, just 14 points for the twoyear and under 60 for the 10 year. We will see what jay powell says on whether yield control is a discussion they are ready to bring forward for the fed. A look atets have what is going on first word news wise as we look at the u. S.
Including myself have opted to use secure video teleconferencing which allows them to participate remotely. For those on video conference, once you start speaking, there will be a slight delay before youre displayed on the main service. Speaking into the microphone activates the camera displaying the speaker on the main screen. Do not stop your remarks if you do not immediately see the screen switch. If the screen does not change after several seconds, please make sure youre not muted. To minimize background news and ensure the correct speaker is displayed we ask the members participating by video remain on mute unless you have recognition. For members using the video option, you will notice a clock on the bottom of your screen that will show how much time is remaining and one minute remaining, the clock will turn to yellow. At 30 seconds remaining i will gently tap the gavel to remind members that their time is almost expired. When your time has expired the clock will turn red and i w
Washington today, we are holding this hearing virtually in compliance with the regulations for Remote Committee proceedings pursuant to House Resolution 965. Remote hearings certainly are not the same as sitting together in our Committee Room and you should know. The new authority has allowed us to continue to do our work a behalf of the American People, while keeping our staff, families and broader communities this is the First Official Virtual Committee hearing in the United States house of representatives. As we begin this historic proceeding, i want to underscore that i plan to continue this committees long tradition of collegia collegiality and substantive debate even as we conduct our business from afar. I will continue to work with Ranking Member and his staff to make sure that all Ranking Members are respected in the knew virtual format. Before we turn to todays important topic, i want to remind members of a few procedures to help us all navigate this new platform. First, consi