But brad, welcome, its good to see you again. Great to see you. Thanks for having me. I wonder as a tech investor what you make of the nasdaq and that sector the last few days. Is it a simple correction or something more you probably saw last night i tweeted, pullback . What pullback . Precovid the multiple on the soft way growth index was about ten times sales it peaked about a week ago today were at 13 time sales were still 30 higher valuationses in software than we were before the paechbd. The same is true for growth internet precovid about 23 times next years ebitda. We peaked at about 35 times next years ebitda. Today were still at 32 times, so heart will hardly a correction in my books. Do you think some of these stocks got simply out of control in the way they went up parabolically . The characterization doesnt need to get worse. Its pretty good these are peak multiples for stocks in the middle of a Global Pandemic for most software companies, the pandemic has not accelerated th
This full Committee Nomination will come to order. This morning the committee will consider four nominations to key transportation positions. The nominees before us today are eric soskin, nominee for Inspector General for dp of transportation. Robert pmbing rimus, nominated to be a member of the Surface Transportation Board. Sara feinberg, nominated to be a director of the amtrak board of directors. And chris coose, nominated to be a director on the amtrak board of directors. The Inspector General of transportation oversees audits of the d. O. T. s programs with the end goal of ensuring our national frppings system is safe, efficient and effective for the american people. Eric soskin has been nominated for this Important Role. Hes a senior trial counsel in the federal Programs Branch at the u. S. Department of justice where he has served since 2006. During his tenure at the justice department, he hasing mored complex litigation an was chose fn a detailed assignment as policy counsel in
Authorized to declare a recess at any time. I want to thank everyone, especially our witnesses, for joining us today for our committees hearing. I want to make sure to note some important requirements. By saying standing house and Committee Rules and practice will commit continue to apply through hybrid proceedings. Regulations require members to be visible through a video connection throughout the proceedings. Please keep your cameras on. Member to remain muted until you are recognized to minimize background noise. In accordance with the rules established under hr 965, stafford been advised to meet participants only in the event there is inadvertent background noise. For those members here in the room, i urge members and staff to wear masks while in the hearing room. I thank you in advance for your commitment to a safe environment for all here today. Mnuchin, administrator carranza, thank you for being here today. I want to give a sincere thank you of both agencies who have worked tir
The Coronavirus Relief packages passed by congress. Good morning. I call this hearing to order. Without objection the chair is authorized to declare a recess at any time. I want to thank everyone especially our witnesses for joining us today for our committees hybrid hearing. I want to make sure to note some important requirements. Let me begin by saying that standing house and Committee Rules and practice will continue to apply during hybrid proceedings. House regulations require members to be visible through a video connection throughout the proceeding. So, please, keep your cameras on. And remember to remain muted until you are recognized to minimize background noise. In accordance with the rules established under hr965, staff have been advised to mute participants only in the event there is inadvertent background noise. For those members here in the room, i urge members and staff to wear masks while in the hearing room and i thank you in advance for your commitment to a safe enviro
I want to make sure to note some important requirements. Let me begin by saying that standing house and Committee Rules and practice will continue to apply during hybrid proceedings. House regulations require members to be visible through a video connection throughout the proceedings. So please keep your cameras on. Remember to remain muted until you are recognized to minimize background noise. In accordance with the rules established under hr 965, staff has been advised to mute participants only in the event there is inadvertent background noise. For those members here in the room, i urge members and staff to wear masks while in the hearing room. I thank you in advance for your commitment to a safe environment for all here today. Secretary mnuchin, administrator carranza, thank you for being here today. Let me start by saying, i want to give a sincere thank you of to all of the staff of both of your agencies who have worked tirelessly over the last few months responding to the crisis.