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
Reporter doors opened at 10 00 at the p billion for the rally. This is all part of his get out and about event. Organizers encouraged attendees to bring the ballot with them. We protect the environment and want to end corporate greed and also stop Police Terror in the community. Those are some of the issues that Bernie Sanders has put forward, which are issues that i believe in very strongly. I think he has a great chance and probably the best out of anybody and he represents pretty much everything that we are really hoping for. Reporter before stopping here at the east bay he stopped at the Democratic Party gala at the Tropicana Hotel in las vegas over the weekend and he landbased Michael Bloomberg ahead of the nevada caucus this coming saturday calling him out for his policy and opposing raising minimum wage and accused him of cutting back on medicare and social security. And to mayor bloomberg with all his money he will not create the energy we need to have the voter turnout we must
Good monday morning. Welcome to squawk alley. I am Carl Quintanilla with Morgan Brennan and jon fortt we start with a win for microsoft, beating amazon, oracle, ibm in that 10 billion defense contract with the pentagon known as jedi. Morgan has been covering this story from the beginning a lot of news over the weekend. A lot of news over the weekend on this. This was a downright dog fight between microsoft and amazon two years, laden with controversy. What is the joint enterprise defense structure. Theyll unite the u. S. Military within a single data framework, an umbrella cloud for all of the militarys current clouds. Up to 10 Year Contract with ceiling value of 10 billion amazon, microsoft, and earlier in the competition, ibm oracle, even google vying for this microsoft saying we look forward to expanding our Longstanding Partnership with dod, support our men and women in uniform at home and abroad. With our latest unique and differentiated azure cloud capabilities amazon saying were
[inaudible conversations] [inaudible conversations] the subcommittee will come to order. Without objection the chair has authorized to declare a recess at anytime. We welcome everybody to todays hearing on a free press and protecting journalists. Ill remind everybody the guests in the chamber are guests and youre free to be here, but this is no audience participation in the hearing. This is a hearing and were going to conduct it accordingly. I will now recognize myself for an opening statement. Our liberty depends on the freedom of the press. And that cannot be limited without being lost. Those words were true when Thomas Jefferson wrote them in 1786 and theyre still true today. First amendment guarantees freedom of the press and prohibits the government from making any law to that freedom. Just hugo black stated, the Founding Fathers gave the press the role. The press was to serve the governed, not the governors. And the hale to the freedom of the press is the keystone upon which all
[inaudible conversations] the subcommittee will come to order. Without objection the chair has authorized to declare a recess at anytime. We welcome every the subcommittee will come to order. Without objection, the chair iso authorized to declare a recess at any time. We welcome everybody to todays hearing on a free press and protecting journalists. I will remind everybody that the guests in the chamber guests and you are free to be here but this is no audience participation in the hearing. This is a hearing and we will conduct it accordingly. I will not recognize myself for an opening statement. Our liberty depends on the freedom of the press and that cannot be limited without being lost. Those words were true when Thomas Jefferson wrote them in 1786 and they are still true today. First amendment to the constitution guarantees freedom of the press and prohibits the federal government from making any law abridging the freedom. In its concurrence, the New York Times versus the United St