Sorry to cut it a bit short today, a lot of news today thank you. Meanwhile, welcome everybody, this is squawk alley, were continuing to hunt for indications and clues. Meadows, kudlow, mnuchin all saying mild symptoms, and leader mcconnell says just ahead a great phone call with potus. We talked business and that really has taken over whatevertrack we might have ordinarily spent on the jobs number we wish the president and the first lady well. We wish everyone well who has had a diagnosis of the virus and there are all kinds of questions now about the state of president trumps agenda clearly the Senate Majority leader trying to emphasize that part of things remains on track as far as the Supreme Court nomination and more, carl, but yeah, well just have to see as well how the markets continue to react to this. Amon jabbers, take stock of the information were getting from all areas of washington dc and all branchs of government. Yeah, a massive Contact Tracing around here as officials s
And s p 500, nas in six weeks. Yeah. Well start with tech. More broadly, ipos and big tech valuations have been surging culture questions continue to brew in Silicon Valley as well i want to talk about that and a lot more with long time venture capitalist whose newest venture is a private and middle school with entrepreneurship baked into the curriculum Draper Associates founder tim draper joins us now. Tim, good to see you i want to start with your take on these markets i was talking just yesterday to the founder of rike. He said he isnt going public this year because he underestimated how well the ipo market was going to perform in a pandemic has that surprised you and what are you saying about it to your Portfolio Companies . Absolutely. I was blindsided i didnt realize that the government was going to print 13 trillion it has been strong for bitcoin and it sure has been good for the Public Markets particularly the tech stocks that have benefitted from that and i think people many p
To unmute your microphones anytime you speak. If at any time during hearing im unable to chair the hearing the human chairman colon or vice chairman of the committee congressman kennedy will serve as chair until im able to return. Documents for the record can be sent to Benjamin Tabor at the email address weve provided. All documents will be entered ininto the record with the inclusion of the hearing. The chair will not recognize herself for an Opening Statement. Today the energy and Commerce Committee continues itser oversight of the nations covid19 Pandemic Responsee examining a safe and effective covid19 vaccine that the American People can trust. In the eight months we battled covid19 over 7 million americans have had the virus and tragically over 200,000 have lost their lives. Millions ofll people face on employment and have lost their Health Insurance and families are still juggling childcare and virtual classrooms. The list of those most vulnerable to covid19 is especially on th
I represent the committee is on and will come to order. [inaudible] the committee of Homeland Security will come to order. Without objection, the chair is authorized to declare the committee in recess at any point. Good morning. Again i want to say our thoughts with those americans dealing with devastating natural disasters including the wildfires in the west and hurricane is in itself. As the churning, i remain committed to ensuring they receive the federal health needed to respond, recover and deal back stronger. Today the committee on Homeland Security is meeting for its annual hearing on worldwide threats to the homeland. Our nation recently observed the 19th anniversary of the terrorist attacks of september 11, 2001. Nearly two decades later, we continue to mourn the nearly 3,000 lives lost that terrible day and keep their loved ones in our prayers. This committee and the department of Homeland Security were established in the wake of 9 11 to help prevent future attacks on our soi
I represent the committee is on and will come to order. [inaudible] the committee of Homeland Security will come to order. Without objection, the chair is authorized to declare the committee in recess at any point. Good morning. Again i want to say our thoughts with those americans dealing with devastating natural disasters including the wildfires in the west and hurricane is in itself. As the churning, i remain committed to ensuring they receive the federal health needed to respond, recover and deal back stronger. Today the committee on Homeland Security is meeting for its annual hearing on worldwide threats to the homeland. Our nation recently observed the 19th anniversary of the terrorist attacks of september 11, 2001. Nearly two decades later, we continue to mourn the nearly 3,000 lives lost that terrible day and keep their loved ones in our prayers. This committee and the department of Homeland Security were established in the wake of 9 11 to help prevent future attacks on our soi