A Company Called china mobile, and their u. S. Subsidiary from providing Telecom Services from the United States on the grounds of doing so was jeopardizing our National Security, the first time such a ruling had been issued. The fact that this was only the first time that a Foreign Telecommunications company had been denied approval to operate in the u. S. On National Security grounds prompted us to investigate other chinese stateowned carriers that were already authorized to operate in the United States, and we asked an important question why was china mobile u. S. A. Any different than these other three Chinese Companies . We discovered in our report, which again we issued just a month ago, that it wasnt different. We conducted a yearlong investigation into the government processes for reviewing, approving, and monitoring chinese stateowned Telecommunications Firms operating here in the United States, and we found once again over the years that the federal government had been lax wh
California, florida, and arizona. There are the simple facts that valuations are lofty after 30 rise off the lows. I would notice the cyclical rotation weve been talking about in recent weeks, the flood into cheaper areas of the market has done a total 180. Does the growth sectors stocks it is the growth sectors stocks. That is the worst threeday losing streak since march 18, before we hit the bottom. Dragging the least was the classic safe havens. Consumer staples, communication, tech, they are still down 2 to 3 but that is relative outperformance on a day like today as we are seeing investors flock back towards the stayathome stocks. Kroger up more than 2 . Netflix getting a lift. Butox is flat on the day, it is those virus safety plays investors seem to be interested in. There are a few stocks investors are interested in. Theyre only 11 stocks in the green in the s p 500 at the moment. David thank you kailey leinz for that grim market report. A lot of people focus on washington when
It is the republicans turn and mr. Mcclintock has tried to be recognized on a point of order. There is no point of order. Who seeks recognition . I seek recognition for a point of parliamentary inquiry. I would like the chairman to cite the house rule requiring members to wear masks in a house proceedings. If we had such a vote, i dont recall it. If we have such a vote, i will vote against it, but i will be happy to abide by it if the house so decides. Until then, i would like you to save me the rule. The chairs authority to enforce the preservation of authority and the quorum throughout pursuant to clause one of rule 11, the rules of the house by the rules of its committees and subcommittees. Committee chairs have long been responsible for the enforcement of general quorum. The quorum. I am enforcing general the quorum. M. That means the safety of the measures members of the committee. The gentleman is recognized. You choose to wear a mask, i do not. I ask you to respect my choice as
Certainly china is to blame and has to be held accountable. View, doesr point of the sovereign immunity act need to be amended at all to allow you to move forward . We are moving forward because we believe that is how we proceeded on our lawsuit which we filed in the United States Federal District court of mississippi. That onportant to note the foreign sovereign immunities act, the commercial activity section is an act based on commercial activity in china that has a direct effect on the United States and they may not be immune. A reference to the nature of the court of conduct and a particular transaction or act. China was engaged in commercial activity, including the production, purchasing, import and export of ppes. Even essentially nationalizing the manufacturing. We believe this exception is workable and that is why i am proceeding with our lawsuit. Now, certainly the amendments of the Foreign Policy immune act would be helpful. Providing additional exceptions provides us broader
This escalated to the Appeals Court in the first place because the u. S. District judge refused tost drop the criminal case, evn when the doj called off their prosecution against flynn. The court of appeal says the judge overstepped his role. This followed flynns attorney speaking exclusively with lou dobbs tonight this handwritten note from former fbi agent obtained by foxbusiness shows that former president obama and former Vice President joe biden discussed the transcript of put on dread flynns phone calls and how to take action against him after leaked memos of the russia investigation mold whether or not they could get him to lie as investigation with theit former Russian Ambassador. James comey and his band of dirty cops going to apologize for what they have done to related his life. What about Robert Mueller and his angry democrat cronies . G are they going to say sorry . What about obama and biden. Nc speaking out for the first time on the radio with rush limbaugh. What their d