This hearing will come to order. Apologies for beginning a little bit late. We have another vote at about 5 30. I want to thank the four individuals or Witnesses Today for being with us. And i would like to thank as well my friend, senator johnson, for his cooperation and support in moving forward with this hearing. A lot going on of historic magnitude before the United States senate. But the issue before us today is truly of the store consequence in president ial and practical import. The issue is in fact whether four companies sitting here today, represented by very able leadership except their obligation to respond to congressional subpoenas. The apparent refusal to do so in full is not only unprecedented, but it threatens opening a door to other u. S. Companies cloaking themselves from scrutiny whenever they work for a Foreign Government, or even a foreign state owned enterprise. This potential shield invoked by these four consultants risks blocking not only the subcommittee, but a
Irwin joining us with. And kay la, i will start you with. At the windy white house there, as it relates to what were hearing from the Treasury Secretary, and from cnbc language, to Plain English here, what it means. Well, its significant because the Treasury Secretary is saying that as of early june, the federal government wont be able to pay its bills anymore. Its allowed by congress to borrow up to 31 trillion and change, but its going to hit that number next thursday. After that point, treasury is going to be looking under couch cushions to try to finds some additional money. It will be pinching pennies. And it says it will stop contributing or investing into some federal workers retirement accounts, to try to conserve some of that cash in order to avoid reaching that debt limit, or not being able to pay for allies and adversaries that hold the u. S. Debt. So certainly the Treasury Secretary is trying to call on congress and say we need a deal in the coming months. I spoke to a seni
Quite a few republican lawmakers who risked losing control of the house floor yesterday because so many of them were up in New York City vying for a seat at Donald Trumps criminal trial. In just the last two weeks, the speaker of the house, mike johnson, along with representatives, lauren boebert, matt gaetz, bob good, byron donalds, andy biggs, mike waltz and matt norman have gone to manhattan to be seen on camera publicly supporting donald trump at the courthouse. Yesterday, so many went up that a Republican House oversight hearing to hold Merrick Garland in contempt had to be postponed nine hours. Then when it finally started, it abruptly stopped because Marjorie Taylor greene asked the democrats if any of them employed the daughter of the judge who was overseeing Donald Trumps trial. Do you know what were here for . Point of order. You the one talking about i think your fake eyelashes are messing up hold on. Holden. Order. Mr. Chairman. Thats beneath even you. I would like to move
Referring to what may be bad blood between President Biden and benjamin netanyahu. A distant connection but there you have it. Good morning, 10 00 eastern, straight to the money, mixed picture. That i was up 70 nasdaq down 20, no clear trend at this point. The 10 year treasury yield Holding Around the 40 level, the right apps, 450, the price of oil moving closer to 80 a barrel, 78. 51, bitcoin in the low 60,000s. As the markets on thursday morning now this. The president has bowed to the wishes of hamas. He has suspended arms sales to israel. This is an astonishing reversal of decadelong policy. America placed a weapons involvement on our closest ally in time of war, the israelis are about to finish off the terror group that brutally attacked them on october 7th. Biden is telling them dont do it. Biden is saving hamas. Wasnt always like this. After the october 7th atrocity biden said america would make sure the israelis, quote, have what they need to protect their people now and always
A bang and just run for me life and who told you it was a balloon . Staff. They stopped us from running. How did you manage to get out . Told us to be calm and then a few minutes later let us out. Then ambulances came and we realized it wasnt a balloon. In pal stint as part of the foreign trip, while british Prime Minister theresa may called for vigilance in the face of horror. At terrible moments like these, it is customary for leaders, politicians and others to condemn the perpetrators and declare that the terrorists will not win. But the fact that we have been here before and the fact that we need to say this again does not make it any less true. For us and often while we experience the worst of humanity in manchester last night, we also saw the best. For more, we or joined by nbcs matt bradley in manchester. Matt, a truly terrible story. What can you tell us . Reporter thanks, frances and gigi. We just heard from Prime Minister theresa may. She addressed the nation with a solemn, v