Financial Services Subcommittee hearing on creating a federal pandemic Risk Insurance program. Even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves, and to admit themselves after they are finished speaking. Consistent with the regulation accompanying house rest 965, staff will only mute members and witnesses as appropriate. When not recognized to avoid any background noise. Members are reminded that all house rules relating to order and the corn to this remote hearing. History is entitled insuring against a pandemic, challenges and solutions for policyholders and insurers. And i now recognize myself for three minutes to give an opening statement. According to the Congressional Research service, 110 Million People worldwide could enter a state of extreme poverty due to the Global Economic contraction, and here in the United States 657 Million People have filed for Unemployment Insurance since march of this
To declarer can rise a recess of the subcommittee at any time. Without objection members of the full committee not on the subcommittee are authorized participate in todays hearing. Members are reminded to keep their video function on at all times, even when they are not recognized by the chair. Thatrs are also reminded they are responsible for muting and unmuting themselves and to mute themselves after they are finished speaking. Consistent with the regulations accompanying House Resolution 965, we will only mute members and witnesses as appropriate. When not recognized for to avoid inadvertent background noise. Members are reminded that our house rules relating to the order and the decorum of the desk decorum applied to this remote hearing. This hearing is entitled insuring against a pandemic challenges and solutions for , policyholders and insurers. I now recognize myself for three minutes to begin with an opening statement. According to the Congressional Research service, 110 Millio
After a rough day where the dow tumbled 314 points, s p plunged 1. 56 , and the nasdaq plummeted 1. 67 , i think the problems simple a list of stocks that are working seems to grow smaller by the day. Isnt that what it feels like . We have fewer stocks that are safe to own and more that are down right toxic as we saw near the end of the day when the bears crushed the bulls toward antichina fueled trading. Today felt like a vicious pro Football Game where the quarterback was under pressure all day and succumbed in the Fourth Quarter in football, a quarterback tries to do a check down, looking to receivers for the best opportunities down field sometimes the Wide Receivers are wide open. Sometimes the qb has to thread the needle to hit a receiver, a slant pattern. Other times, times like today, the bears are swarming, and its like a jailbreak as they head toward the quarterback if he doesnt get rid of the ball in time, hes likely to be sacked, perhaps for a big loss or a fumble or even an
Lieutenant general shawn bratton. Live coverage on cspan. The release of the 2024 commercial space strategy comes at a pivotal moment. The u. S. Government had a monopoly and the space force can draw solutions from a commercial sector. The russian invasion of ukraine has demonstrated how data can be for u. S. Government for National Security purposes. These developments bring to the floor questions of adversary against Space Systems owned by u. S. Space commercial operators and the space force should address this challenge. The space force has released long anticipated strategy which outlines how the Space Force Plans to incorporate commercial systems and explore partnerships with and send signals to industry collaborateors. The strategy addresses the questions safeguarding space assets in conflict. What does it mean for the future of Space Security and how will it shape the future of u. S. Space force. To discuss these questions, we are fortunate to be joined by deputy chief of Space
Draw solutions from a commercial sector. The russian invasion of ukraine has demonstrated how data can be for u. S. Government for National Security purposes. These developments bring to the floor questions of adversary against Space Systems owned by u. S. Space commercial operators and the space force should address this challenge. The space force has released long anticipated strategy which outlines how the Space Force Plans to incorporate commercial systems and explore partnerships with and send signals to industry collaborateors. The strategy addresses the questions safeguarding space assets in conflict. What does it mean for the future of Space Security and how will it shape the future of u. S. Space force. To discuss these questions, we are fortunate to be joined by deputy chief of Space Operations, strategy, plans and programs and requirements Lieutenant General shop bratton who will insights on the future of Space Security. As the chief strategy and resourcing officer, he has o