Hearing will come to order. I welcome everybody to this hybrid hearing. Both Ranking Member mister heiss and myself have wanted to have hearings resume in person. Especially when we are in session i made a promise to mister heiss that i would fight for that and today is the fruit of that effort i believe when we were in session, to the extent possible, protecting everybodys health and safety, we can and should be meeting like this. At least in hybrid form those members who are not comfortable or who physically cannot join us in the hearing room are more than welcome to join us through the web. We are happy to have them. We ask everybody, when they are not speaking, to wear a mask that is the guidance and the capitol hill position. That is the guidance of the chairwoman of this committee. It protects everybody i really appreciate that cooperation. Let me see. For members appearing remotely, just a few reminders before i get my Opening Statement. House rules require that we see you so pl
The boom bust the one business show you cant afford to miss. In washington coming up oil prices dropped more than 2 percent on wednesday the 1st time in 5 sessions well explain what this means for the future of the already heard and the Energy Factor plus the u. S. Should now be considering working with weiwei on standard oil this after its a long time war against the Telecom Giant show for you today so lets go and. Numbers for the Global Pandemic now show more than 3700000 people are infected with the krona virus more than 260000 deaths have been recorded will the u. S. Has more than 1200000 cases and at least 43 states actually plan to open completely or partially reopen their economies by this weekend this while president appeared to reverse course when he tweeted earlier ones day that the white. Force will continue indefinitely with its focus on safety and opening up our country again he also reiterated that earlier during a briefing well tensions between the u. S. And china contin
Things. We dare to ask. This is boom bust the one business show you cant afford to miss. In washington coming up oil prices dropped more than 2 percent on wednesday the 1st time in 5 sessions well explain what this means for the future of the already and the Energy Sector plus the u. S. Should now be considering working with wall way to standard all this after is a long time or i get to talk. To you today so lets go and dive right in. Numbers for the Global Pandemic now show more than 3700000 people are infected with a chronic virus more than 260000 deaths have been recorded will be u. S. Has more than 1200000 cases and at least 43 states actually plan to open completely or partially reopen their economies by this weekend this while president appeared to reverse course when he tweeted earlier ones day that the White House Task force welcome to. New and definitely with its focus on safety and opening up our country again he also reiterated that earlier during a briefing well tensions be
A handful are preparing to set sail again all right its time to boost your new i. Q. The United States could soon be working with while way to establish 5 g. Standards one year after blacklisting the Chinese Telecom giant to keep it from working with u. S. Tech companies now the move could signal a shift in policy at a time when washington wants to be at the forefront of 5 g. We have our Rachel Blevins she joins me now to discuss more of this in detail so rachel what do we know so far about this decision well it was just one year ago when the Commerce Department announced that it would be blacklisting wall way in the 1st place and at the time they cited National Security concerns but now it appears that they may be taking a step back from that claim now reports are now saying that the commerce to partner. It has drafted a rule which would allow u. S. Companies to work with broadway to set global 5 g. Standards now they say it again all it is the importance of inclusion in creating stan
Prepping to set sail again right the total time to boost their new i. Q. So as u. S. China relations deteriorate decades old tensions in the South China Sea are ramping up between both countries well a number of nations have conflicting territorial claims in the region in the United States seems eager to strike that fire to the detriment of china our case alex one hell of it has that story. There from the United States armed forces are patrolling the South China Sea were conducting a lot of surveillance flights we have conducted a number of the Taiwan Strait transits we are continue to watch closely what the chinese are doing and the u. S. Is keeping an eye on china in its own neighborhood using intimidating military hardware such as b. One b. Supersonic bombers in the sky and warships in the water. The trumpet ministration also plans on deploying long range cruise missiles in the Asia Pacific Region china has called americas maneuvering and illegal trespass and has put the u. S. On no