The Senate Foreign Relations Committee will come to order. Welcome everyone, good morning. We will have senators participating both live and virtually. Since it is difficul the Senate Foreign Relations Committee will come to order. We will have senators participating live then virtually as a result of that its difficult to determine to go in ty, seniority and we both come three witnesses the assistant secretary of state and the bureau official for the European Eurasian Affairs and Principal Deputy assistant for western hemisphere fears. We appreciate you being here. We will be talking about china obviously that presents us with manyy challenges and opportunities. There has been a lot of legislation introduced and there is a bill we introduced earlier this year to bring together as many as possible so the minority introduced ase bill senator schumer is the lead sponsor but this is not a partisan issue that is an American Issue. When i put the bill togetheren originally come i did so to
Taiwan. Welcome to the Program Europe is facing a severe economic shock because of the last night e. U. Leaders signed off on an Emergency Rescue package to help countries deal with the economic fallout of the crisis they also agreed in principle to set up a fund to secure the blocks long term recovery but they are still divided on how this should be financed. The Video Conference was the 4th such meeting since the virus hit e. U. Countries and expectations were lower e. U. Member states of so far failed to agree on how to help those economies hit hardest by the pandemic but after just a few hours the Council President emerged emphasizing the countrys common interests this toned image this putting out of sight is and serious through there will be of each e. U. Member states depends on the will be of the whole of the e. U. We are all in this together michel said leaders have agreed to task the e. U. Commission with linking a Recovery Plan to the use next long term budget a u Commission
Expected to meet with World Leaders on pressing issues like threats and foreign threats, the president gears up to meet with french president Emmanuel Macron after threatening 100 tariffs on french goods and also spoke about macron in the press conference, retaliatory duties coming in response to frances tax on American Technology giant and they include products like cheese, handbags, champagne and the latest on the updates all morning long, mornings with maria begins right now. Big show this morning, joining the conversation fox business dagen mcdowell, Ramsey Solutions expert chris hogan and Senior Writer with wall street journal Jon Hilsenrath. Thank you. Maria a lot of news already just from the press conference that President Trump gave in london. Dagen yeah, you see it driving down the futures but waiting until after the election was the quote about waiting until after the election to deal with china, it was a lot. The press conference went on and on and for the markets and inves
Cairncross whos the ceo and president of the millennium challenge corporation. After a long wait, we have a fully installed that something of applause. Why do we give our friend a round of applause. [applause] congratulations. I think you get the prize for sort of saintly patience and diplomacy, and i think really, really glad you were in this job. I think its really important that Government Agencies have Senate Confirmed leaders so its really important you have, youve you been entrusted with this role. So i wanted to give you a chance to share some of your reviews with our friends here about how you see the future of the mcc. But before we do that, maybe not to just give this group, i think everyone probably in this audience if theyre here in mid august knows all about the mcc, but maybe just so were all on the same page if you might just do sort of the mcc 101 from your perspective. What is the mcc . How does it work . Then i have a couple of softball question for you we can take fr
Ok. Hello, everybody. I hold the chair here at csis. I am happy to have sean cairncross, who is the ceo and president of the millennium challenge corporation. We have a fully installed mcc president. I think that is something that is worthy of applause. We have a fully installed mcc president. I think that is something that is worthy of applause. Can we give our friend sean a round of applause . [applause] congratulations. You get the prize for saintly patience and diplomacy. I am really glad you are in this job. I think it is important Government Agencies have Senate Confirmed leaders. It is important you have have been entrusted with his role. I wanted to give you a chance to share some of your views with our friends here about how you see the future of the mcc. Before that, maybe you ought to give this group i think everyone in this audience if they are here probably knows about the mcc, but maybe just so we are all on the same page. If you would just do the 101 from your perspectiv