Officials from the Social Security administration, National Archives and state department testified about federal services backlogs due to the covid19 pandemic. Modernization efforts and staffing issues. The House Oversight and accountability subcommittee hearing is about three hours. The subcommittee on Government Operations and federal workforce will come to order and we will welcome everybody to this board hearing. Without objection the chair may declare recess at any time. I recognize myself forthe purpose of making an open statement. Before we go to the floor id like to if i can acknowledge that even formal settings like this we recognize that its important to remember we are all people. And we have families and understand that some of the people who do Business Today have been visited by some hard luck in their life with a loved one and without saying anything in particular. Perhaps many of us more than one or two are affected and its my wishes for them and their family in these
Officials from the Social Security administration, National Archives and state department testified about federal services backlogs due to the covid19 pandemic. Modernization efforts and staffing issues. The House Oversight and accountability subcommittee hearing is about three hours. The subcommittee on Government Operations and federal workforce will come to order and we will welcome everybody to this board hearing. Without objection the chair may declare recess at any time. I recognize myself forthe purpose of making an open statement. Before we go to the floor id like to if i can acknowledge that even formal settings like this we recognize that its important to remember we are all people. And we have families and understand that some of the people who do Business Today have been visited by some hard luck in their life with a loved one and without saying anything in particular. Perhaps many of us more than one or two are affected and its my wishes for them and their family in these
Good afternoon, everyone. If folks can please take their conversations to the lobby, we would greatly appreciate it. Were about to get started with an open Meeting Press conference. We have a pretty lively and lengthy meeting. I would like to give the chairmen as much time as possible to answer questions from the reporters in the room. Thank you. Good afternoon. All right. Lets start. Why dont we start with david . I wanted to ask specifically about the orders effect on the chinese carriers. Could you please turn on your microphone . The red button. Can you speak to the current state of broadbrand services being promoted by chinese carriers . First things first under section 214 to have communications act, the f. C. C. Authorizes the provision of communications in the United States. We also have the authority to take away the authorization for providing service. As you know during the last several years, we took away that authorization from several chinese carriers. During that term, h
Representatives from the Social Security administration, the National Archives and state department highlighting the pileup, including increase in demand for passports. The subcommittee on Government Operations and federal workforce will come to order and we will welcome everybody good afternoon. The subcommittee on Government Operations and the adderall workforce will come to order and we would welcome everybody to this important hearing. The chair made it clear, recess any time. I recognize myself for the purpose of making an open statement. Before we go too far, i would like to, if i can, acknowledge that even formal settings like this, we recognize that it is important to remember that we are all people and that we have families. I understand that some of the people have been visited by some hard luck in their life with a loved one and i wanted to, without saying anything in particular to let those no perhaps many of us may be affected but that it is my wishes for them and their fa
Package. What it means for the Global Markets and investors. Wedged into the foreign aid is the tiktok ban proposal. Ahead of the senate vote, we ask what company would buy whats become a social media mainstay . Salesforce 10 billion deal fizzles out. It is monday, april 22nd, 2024. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Thank you for being withes us. We check with the stock futures with the s p on pace for the biggest monthly drop since 2022. We have seeing futures in the green. The dow would up 25 points higher. This is after a rough week for wall street which saw the s p fall 3 and post the worst week since march of 2023. Nasdaq falling more than 5. 5 last week. That worst week since november of 22. You within tech, a closer look at the magnificent seven. We are talking about 950 billion in market value lost. Nvidia losing 300 billion in value or more than the enter market cap of amd. Apple, microsoft, amazon wiping out 100 bil