People. What ive learned is that were not the only ones who love South Carolina. Whether im in california or connecticut, montreal or minnesota, the story of South Carolinas success is front and center. Everywhere we go there is excitement and frankly, not a small amount of envy over who we are and what weve been able to accomplish. Its a beautiful thing. But last year i got to experience just how far that word is spreading. In november, as many of you know, we traveled to india on a trade mission. India, of course, is the country of my parents birth. I hadnt been there since i was 2 years old, so the trip was a special one for me there are few things more impactful than seeing firsthand, for the first time, your own history. But what was even more amazing to me was the connections i found between South Carolina and that faroff land. I visited a Workforce Training Center at rayatbahra university in mohali. Hundreds of students turned out for a talk i gave, and they had so many question
Those are some of the things that the Contingency Fund is about. It is a fund we have submitted for because we want to make sure there is a block that the funding will not be used only as needed, but we want to plan for things we cant exactly predict right now. Youve asked for some money for fda for vaccines. Would you speed it up, bring more people into the process, are there steps in an emergency situation like this that there is a way to go through them more quickly or go around them to get to the end product quicker . Yes, sir. We have seen that in process right now. The Congress Gave us emergency use authorization that would allow us to approve diagnostics quickly. Weve used that authorization six times. Fda has used it six times. We approved from start to finish in 36 hours. One of those diagnostics. With regard to other emergency authorities that fda has, we have approved drugs. What happens is when a drug is not approved, if a clinician asks fda for approval for that individual
Opposed to a triad. Would it force those kinds of decisions . I think it i dont think o ha that discussion will ever go away, senator. Im a believer in the triad but we clearly have to have cu discussions that involve the air force, the navy, the departments the congress, National Security counsel and white house to determine, where is the nation going to go with this . We dont have enough money in d our air force and navy to do allry the modernization you would need to do if we took everybodys desire and tried to meet it. Ied thank you all. I want to thank the turn witnesses. For the record know the abc but for the record if sequestration returns next year can your service execute the defense strategic guidance . No senator no, chairman. , no xharm. No, chairman. No, chairman. Thank your. I want to thank you all for your wan very straightforward testimony tio and candid testimony. And i would like to mention two things with c you. One, and it was referred to compens earlier, the commi
The fed chair will be testifying before the Senate Budget committee this time, starting at 9 30 a. M. Eastern time. She told the join the Economic Committee the economy still needs plenty of support and that the markets are not in bubble territory. Valuations are in house torq historically Interest Rates are historically low. That feeds into the valuation. Theres that linkage. There are pockets where we could see valuations in smaller cap stocks but overall, those broad metrics dont suggest that we are in obviously bubble territory. In reaction to her comments, the dow managed a triple digit gain, closing at 16,518. The s p 500 also picked up ground adding ten points. The nasdaq, though, dropped 13 points. The nasdaq looked worse earlier in the day, though. You did see much steeper declines. It was boosted into the decline of 13 points by the end of the day. The futures right now, youll see at this point dow futures are indicated higher about 13. 5 points, nasdaq up by 2, s p up by 1.
Midtier firms and or services to people in the Services Business . We are going to take take a look at this next year. For the pilot we literally went down our largest suppliers by dollar value to come up with a feasible approach here. But in doing that what doing that what does breakout is a lot of different size so you have the heavyweight against a lightweight and while we normalize all this through the system we would need to be careful that what we are not doing is excluding superior suppliers that are below that cutline that we establish so we will take a hard look at that. Sam with usni news. It seems like there arent organizations in alphabetical order here. What about the other 79 . Are there separate tiers that they are going to be informed of or theres going to be further disclosure on who the others are they wont be. As such but that information will be made available. In the blue shirt. Sometimes it seems like youre the only person with the ability to use pbls as to how yo