Jerome powell was on capitol hill to update lawmakers on the economy and Monetary Policy. He spoke about the Economic Impact of the coronavirus, Cyber Threats in the Banking Sector and his influence in the Global Economy among other topics. This services hearing is three hours. I now recognize myself for four minutes to give an Opening Statement. Id like to welcome back chairman powell. As i discussed earlier, and at our last hearing with you, i remain very concerned about the president s efforts to interfere with the feds interMonetary Policy. A recent news story noted that trump has tweeted over 100 times about your nomination. Many of those tweets appear to be attempting to exercise pressure on the fed. Chairman powell, you and the fed board of governors must not be swayed by these aggressive tactics. Fedsolding the independence, you should also be mindful of public perception. Of course, trump continues to claim credit for Economic Growth that was put in motion by the policies of p
Get our stuff. He has raised a quarter billion dollars. You know, average in cilic and sharing how his company is facing the challenges and also introducing us to a new friends. Please welcome sebastian lehman. The Business Model is Pretty Simple. You guys have focused on innovating in certain areas. Can you explain about how you approach innovation . Good morning. Thank you for having me. Excited to be here. We like to compete, not dollar to dollar, but with innovation. In many cases, it is the smarter way to compete. Money is one angle, and an important one. If you are not the most wellcapitalized, you need to find alternatives to compete. One of the innovations that we have, we bright here today. Is a piecethat there of the network that we are building. Ours is called serve. We brought it here. Maybe we can show it. Drives itself. Hopefully not off the stage. It understands that there is an object, so it moves around it. And navigates on the sidewalk. It is built inhouse. The second
Thank you. Moving on to our opening interview. Sometimes plan a does not work out. You have to be ready to improvise. That is one of the themes in our next story and conversation. I want to welcome the cofounder mates, aof post Delivery Service that is part of the race to remake the way beast shop and get our stuff. He has raised a quarter billion dollars. You know, average in cilic and ballet. Sharing how his company is facing the challenges and also introducing us to a new friends. Please welcome sebastian lehman. Ok, the Business Model is Pretty Simple. There are few other Delivery Companies out there that of gotten pretty big as well. But you guys have focused on innovating in certain areas can. Can you explain how you approach innovation . Bastion good morning first of all. Thank you for having me. Excited to be here. We like to complete not dollar per dollar but with innovation as you mentioned. And i think in many cases it is the smarter way to compete. Money is one angle and an
Your Liver Health Der any today i dosed daily. Co im even mackenzie In Washington and this is cnn hello again everyone. Thank you so much for joining me on the brink of whitfield and we begin with dangerous weather that could impact your travel this Holiday Weekend, more than 70 Million People are under a severe sure. Weather threat as intense tornadoes. Baseballsized hail, and nir hurricaneforce winds hit the Central Plains and parts of the midwest. Lets bring in now cnn meteorologists, alyssa rafah. So at least what areas are we talking about . Were really keeping an eye on parts of oklahoma and kansas. Thats where we have the greatest threat for Severe Weather outbreak today, you could see it in the red area thats that moderate risk level four and a five where we could find intense tornadoes baseballsized hail, and a string of Damage Managing wins that could be pretty hefty as well. Notice the risk kind of stretches even into the deep south, including places like atlanta, savannah,
Them the next leaders in civilian and military life. But without naming donald trump are really making a direct Election Year appeal President Biden also under scored the values that he has previously said are at risk if his republican rival were to take a second term, for example, protecting democracy and also the nature alliance. Now on that front, the president talked about us leadership on the global stage, including, for example, again, that nato lyon saying, for example, that russian president Vladimir Putin are testing his assumption that nato would not be able to unify and support ukraine from his invasion. Saying quote, putin was certain that nato would fraction of course there speaking directly to the invasion of ukraine and instead, the president said, it is the greatest Defense Alliance in the history of the world. Now of course, President Biden has been a defender of nato, especially earlier this year when former President Donald Trump said hed encourage russia to invade t