Whats next . Guest well those hearings i think were very helpful at educating members of the committee and other members of congress and the general public about the importance of this issue. Interestingly we have already scheduled a hearing on encryption before the apple fbi controversy broke out to the publics attention and we were right thing pleased with the presentation made by all of the witnesses at the hearing but i think the number one thing that comes across is encryption is a good thing and a very important thing and we have got to find our way through this not be weakening encryption but by continuing effort to strengthen it and you only need to look at the problems that we have had with foreign governments, with criminal enterprise, with hackers stealing millions of documents from Government Agencies and alleys of credit card records from retail establishments, financial establishments to know that we need to be moving toward stronger uses of encryption and stronger encryp
The presiding officer please join me in reciting the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. The presiding officer the clerk will read a communication to the senate. The clerk washington, d. C. , april 4, 2016. To the senate under the provisions of rule 1, paragraph, of the standing rules of the senate, i hereby appoint the honorable bill cassidy, a senator from the state of louisiana, to perform the duties of the chair. Signed, orrin g. Hatch, president pro tempore. Mr. Mcconnell mr. President . The presiding officer the Senate Majority leader. Mr. Mcconnell id like to welcome our colleagues back from their state work periods. The senate has gotten a lot done under e new majority and will continue well continue our work today. But first i want to remember the daily sacrifice of our Capitol Police in light of the inciden
Host whats next . Guest well, those hearings, i think, were very helpful at educating members of the committee, other members of congress and the general public about the importance of this issue. Interestingly, we had already scheduled the hearing on encryption before the apple fbi controversy broke out into the publics attention. And we were, i think, pleased with the presentations made by all of the witnesses at the hearing. But i think the number one thing that comes across is that encryption is a good thing and a very important thing, and we have got to find our way through this not by weakening encryption, but by continuing the effort to strengthen it. And you only need to look at the problems that weve had with foreign governments, with criminal enterprises, with just plain hackers stealing millions of documents from Government Agencies and millions of credit card records from retail establishments, from financial establishments to know that we need to be moving toward stronger
Safety and privacy, because encryption is a tool used to keep people safe, to keep information about unsafe, to keep their property safe, and therefore needs to be a critical part of how we move forward. The Judiciary Committee has long played a role in dealing with these issues from both a technology standpoint and from the Law Enforcement standpoint, and we will continue to do that. The energy and Commerce Committee also have a keen interest in this, so we will work in a collaborative effort, between the two committees and in a very bipartisan fashion to continue to develop a record on this and look for solutions that will help to make sure that Law Enforcement has ways to be able to gather the information they need to keep people safe. Part of that is going to be Law Enforcement having to either find new ways to approach gathering information, and utilizing more traditional ways of gathering information. Because i do think that over the last few decades, the reliance upon electronic
We start with the equity markets which is moving higher as the fed meets to decide whether or not to begin raising rates. Lets look at the numbers with the dow, the nasdaq and the s p. The nasdaq and the s p are now tracking for their second consecutive week of gains. Something that neither has done in nearly three months. But, ty, the real action here is in the oil market this hour with oil soaring. Wti crude up by 5. 3 . It could still be the biggest daily gain since august 31st when wti jumped nearly 9 . Brent crude, and weve been talking about the spread there narrowing, havent we, ty . But its up by 4 as well. Jack Jackie Deangelis is joining us from the nymex. Lots of people bringing lots of reasons to the table as to why we took off. You tell us what youre hearing. I have three main reasons that were moving higher, a spike like this today, 5. 5 . The first is that bullish eia report. A drawdown in inventories. Cushing down nearly 2 Million Barrels. Refinery runs are going up, an