Portfolios. And nba players boycotting basketball games following the Police Shooting of an unarmed black man in wisconsin. Were going to get the thoughts of one of the black speakers at the Republican National convention. Mark meadows and nancy pelosi scheduled to speak at 2 30 does any of this job news wake up congress . Ill ask senator Marsha Blackburn. Weve got a big show for you on making money. Charles its been a day of significant news that keeps really a positive tone to the overall market. First off, Federal Reserve chairman Jerome Powell announced significant changes to policy approach in part to really the goal he says is to truly create maximum employment that would help all americans. Meanwhile, abbott labs receiving approval for a 5 covid19 test which further underscores we are getting closer to containing the virus. Its no coincidence the dramatic incline in cases coincides with the dramatic rally. The conundrum for investors is whether to chase the winners or buy the la
Estimate of cost of 2020 census which does not conform best practices. Quality cost estimates can help an agency manage complex activities as well as help Congress Make funding decisions and provide sufficient oversight however, cost estimate only partially met characteristics of best practice and min malely met other best practices well documented incredible. Bureau has not public released update to 2015 cost estimate yet several events since then including changes requirements and procedures, the life cycle cost would be substantially higher than original estimate of 12. 5 billion. The bureaus preparation for 2020 have been further complicated by ongoing vacancies in the positions of census director and Deputy Director. Active leadership has since been named, turnover makes it difficult to ensure accountability and continuity as well as to mitigate risks and control costs over the long term. This concludes my prepared remarks, i will turn it over to my colleague who will discuss the
Morning. Thank you, mr. Chair. Yes, sir. I want to thank you for your patience. I will recognize you for your fiveminute openings. Mr. Cummings is coming. He graciously told me to go ahead and start. From my left to right, mr. Robert goldencough. Mr. David pounder, director of Information Technology Management Issues at the Government Accountability office. Ms. Carol rice, department of Commerce Office of inspector general. Ms. Gupta, leader on civil rights. I think all of you have testified before. Green means go, yellow means run through the light. Yellow is speed up, get through it as quick as you can. And red, youre going to get stopped. I wont stop you right at five minutes because its really important. But your Opening Statement is part of the record. So with that, mr. Goldenkoff. Chairman gowdy, Ranking Member cummings and the rest of the committee, in recent years we have identified a number of operational, management and other challenges that raise serious concerns about the b