Its about an hour and 45 minutes. [inaudible conversations] [background noises] good afternoon everyone and welcome. This is a joint hearing of two subcommittees a committee on oversight and accountability. What is the subcommittee i chaired the subcommittee on Cybersecurity Information Technology and government innovation. The other is a subcommittee to economic growth, Energy Policy and regulatory affairs. Which is chaired by my esteemed colleague from texas. Since this is a joint hearing will have Opening Statements of the chair and Ranking Member of both subcommittees. Thats a total of four Opening Statements i will tend to keep mine brief. Cybersecurity spent a major focus of our since it became a subcommittee chair and confirmed we as a nation are not prepared for the increasing the for cicada and Cyber Attacks that will be fueled by ai. Businesses and Government Entities in my district and across the country to face Cyber Attacks him and forced to pay huge sums of money and rans
[background noises] good afternoon everyone and welcome. This is a joint hearing of two subcommittees a committee on oversight and accountability. What is the subcommittee i chaired the subcommittee on Cybersecurity Information Technology and government innovation. The other is a subcommittee to economic growth, Energy Policy and regulatory affairs. Which is chaired by my esteemed colleague from texas. Since this is a joint hearing will have Opening Statements of the chair and Ranking Member of both subcommittees. Thats a total of four Opening Statements i will tend to keep mine brief. Cybersecurity spent a major focus of our since it became a subcommittee chair and confirmed we as a nation are not prepared for the increasing the for cicada and Cyber Attacks that will be fueled by ai. Businesses and Government Entities in my district and across the country to face Cyber Attacks him and forced to pay huge sums of money and ransom the federal government itself still store Sensitive Data
[inaudible conversations] i am the congresswomans big fan coming into her and she is a leader Inspiring Women like us. Im going to open the floor. Please give a very large round of applause. She has been working on this. Im delighted to see eachbi and every one of you. Im going to take a moment because i am so happy to see the ochairman of the Democratic Caucus which is the most outstanding. We are the workers of government, the people that seek success not from ourselves but t for all of you. Would you please come we are in the midst of an Energy Revolution and as you all know, we have messages of strength and empowerment in business and you are looking at green energy and energy from around the nation into the continent of africa, but we are looking to find ways to work effectively together for the benefit of the world and the worlds climate. The chair of california, the head of the Democratic Caucus in the nation. [applause] thank you so much. Thank you for the opportunity. I just w
My name is andre and i am a big plan, leader really inspiring. Yes. There is the view on the floor, people hosting comments. Thank you. Please give angel a very large applause. She has been working on this and i am delighted to see each of you. I will take a moment because im so happy to see the chairman of the Democratic Caucus. In the midst of government today, the workers of government, defenders of government, people who seek not for ourselves but for all of you. Please come, we are in the midst of an Energy Resolution as you well know. We have messages of strength and empowerment and looking at green energy and energy from around the nation from the continent of africa but looking to find ways to Work Together for the benefit of the world and the world climate. Chairman pete aguilar of california, the best Democratic Caucus in the nation. Thank you for the opportunity. I wanted to say i look forward to this panel. The leadership is unquestioned. She works for the community, she wo
Market, you will see it looks like the 10year treasury is sitting just at about 4. 29 . The 2year treasury is below 5 at 4. 99. Last week, the transports did see the worst week since march. If you worry about things like that, the downturn, the russell 2000 broken. The dollar is now looking at its longest winning streak in terms of weeks. Weekly winning streaks since 2015. A lot of things to watch this week. We are watching shares of alibaba, talking about kicking things off, after the company said in the surprise move its Ceo Daniel Zhang planned to step down this month. Stepping down as chairman and ceo of the Cloud Business in june. Alibaba said he was going to be departing as the ceo of Alibaba Group to focus on the cloud unit which the company is spinning off as a separate company. Now the cofounder eddie wu was set to take over from zhang this month. He is now going to be taking over the cloud iunit. Joe tsai will take over alibaba. This raises questions of the spinoff and how un