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Transcripts For CSPAN3 Hearing 20240704

Panic and chaos. [background noises] exit selectivity it will come to order. This is a short hearing weve never had this combination of witnesses. A collection of expertise to help us make sense of what the chinese, and his partys doing in cyberspace and i can better defend ourselves. Our hats off we spent a lot of time on this committee debating or thinking about the question of whether xi jinping will make a move militarily against taiwan. And what would be a timeline for such a move . Obviously this is a nun on noble question people continue to debate it. In some meaningful sense i wonder if such an invasion or a preparation which would be incredibly costly if the Ranking Member very eloquently pointed out yesterday has already begun. The intelligence preparation of the battle space has already begun. Put differently for over 20 years they have been attacking us the government, defense Contractors Technology firms in cyberspace that is a fact. For a long time the attacks rubbing a v

Transcripts For CSPAN3 Hearing 20240704

Exit selectivity it will come to order. This is a short hearing weve never had this combination of witnesses. A collection of expertise to help us make sense of what the chinese, and his partys doing in cyberspace and i can better defend ourselves. Our hats off we spent a lot of time on this committee debating or thinking about the question of whether xi jinping will make a move militarily against taiwan. And what would be a timeline for such a move . Obviously this is a nun on noble question people continue to debate it. In some meaningful sense i wonder if such an invasion or a preparation which would be incredibly costly if the Ranking Member very eloquently pointed out yesterday has already begun. The intelligence preparation of the battle space has already begun. Put differently for over 20 years they have been attacking us the government, defense Contractors Technology firms in cyberspace that is a fact. For a long time the attacks rubbing a valuable technology that was then used

Transcripts For CSPAN3 Hearing 20240704

Ethis committee will come t order. To help us understand what china is doing. We spend a lot of time on this committee debating whether xi jinping will make a move. This is a question that people continue to debate. I wonder if such an invasion or the preparation for such an invasion which would be incredibly costly as the Ranking Member very eloquently brought up yesterday has already begun. Put differently, the ccb has been attacking us. Government, our defense contractors, our Development Firms in cyber. And they had been robbing us on tech. And they used that to their military modernization. And they have been gathering information on people and companies. Our military records have been compromised. Mine is framed in my office, in my basement. According to the fbi, chinas vast Hacking Program is the Worlds Largest and theyve stolen more americans personal and business data than any other nation combined. But that wasnt enough for the ccv. In the past few years, our intelligence and

Transcripts For FBC The 20240704

Charles we are trying to gas charity for future generations. Liz have a good weekend. March madness as we kick off the final hour of trade in the first day of a new month. We are not talking the s p and nasdaq at new record highs. Any gain at the close for either of the majors will seal the deal. The s p higher by 41 points, the nasdaq gaining 200, Dow Jones Industrials up 77. Where are we seeing madness . It is one of the biggest laggards as we pick up a final hour of trade. Major headlines swirling around boeing. Look at the intraday chart and cratering in the stock that happened at 10 509 am eastern time. Thats when a wall street journal report hit the tape that boeing is in talks to purchase spirit aerosystems, opposite chart here, shares immediately responded, spiking as high as, lets see, 200 . The high of the session, spirit aerosystems, significant gain, 33. 99. Spirits market, 3. 7 billion. It used to be part of boeing but was spun off in 2005. It is the company that is behind

Transcripts For FBC The 20240703

Looking at one of the close e races to a fresh s p record. All the s p needs to mark a new if high is a tiny fraction,. 02 points to the upside. Right now were up 5. 75, so were there. Now, yesterday it missed it by a nanoinch. Right now we do have it in there, so youve got to stay tuned the whole hour. Hour. The rest of the markets in the green, mostly. The russell is the laggard, down about 5 points and after yesterdays nearly 2000 above 200point drop, the dows up a bit, up 25 points. Any gain for the nasdaq would eclipse the record and throughout much of the session lets look at the nasdaq intraday, its kind of poked both above and below the flatline. But with about 59 minutes left to trade, its in the green by 13 points. So were looking at a record at the moment. The two notable nasdaq stocks blasting to never if before seen heights, microsoft, number one of them, touching the highest level invest orers have ever seen. High of the session, here we go, we do have microsoft at is tha

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