Books and ebooks are sold. And now todays Senate Commerce committee hearing, lawmakers examine the effect the pandemic is having on keeping rural is having on keeping Rural Communities connected via broadband. From this morning, this is about 2 1 2. Come to order. Welcome, welcome. Today, the committee convenes to discuss the state of broadband and thank them for appears. Today, we will hear from mr. Steven berry, and miss shirley bloomfield. Chief executive officer of mtca, the Rural Broadband association. Mr. Gene kimmerman who will be appearing and testifying remotely and mr. Jonathan spolter. As the administration and centers for Disease Control and prevention encourage social distancing to prevent the further spread of the virus, normal activities like school and Health Care Services are kreinsingly taking place online. This has caused a huge uptick in the use of broadband. One estimate shows average Broadband Usage is up by 47 since the pandemic began. Good news is that theres be
[captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] this hearing will come to water. Welcome, welcome. Today the committee convenes to broadband during the covid19 pandemic. I extend my appreciation for my colleagues attentions attendance and participation. I welcome our distinguished panel of witnesses. Mr. Y we will hear from stephen barry, president and chief executive officer of the competitive cares organization and the chief executive officer of the Rural Broadband association. Mr. Gene kimmelman, Senior Advisor on public knowledge, who will be appearing, testifying remotely. Jonathan spalter, of u. S. T and ceo broad,. Covid19 crisis has changed life dramatically for almost every american. As the administration and the centers for Disease Control and prevention encourage social distancing to prevent spread of the virus, normal activities like work, school, Healthcare Services are increasingly t
Colleagues attentions attendance and participation. I welcome our distinguished panel of witnesses. Mr. Y we will hear from stephen barry, president and chief executive officer of the competitive cares organization and the chief executive officer of the Rural Broadband association. Mr. Gene kimmelman, Senior Advisor on public knowledge, who will be appearing, testifying remotely. Jonathan spalter, of u. S. T and ceo broad,. Covid19 crisis has changed life dramatically for almost every american. As the administration and the centers for Disease Control and prevention encourage social distancing to prevent spread of the virus, normal activities like work, school, Healthcare Services are increasingly taking place online. This has caused a huge uptick in the use of broadband. One estimate shows average Broadband Usage is up by 47 since the pandemic began. Good news is that theres been some progress in connecting all americans. The fcc has recently released broadband deployment report shows
Stocks bouncing around all session along on conflicting headlines about that december 15th deadline for china tariffs. Will it sfwebe extended. And House Democrats officially announcing articles of impeachment, two of them, against President Trump. Plus, coming up only today on the closing bell, wilfred frost is live from the Goldman Sachs Financial Services conference and hes got exclusive interview with Howard Marcus ks in just aw minutes. Joining us now for the hour is steve grasso from stuart frankel. Weve got to stop meeting like this i know, i know. We talked about this last night on fast money 5. Whats going to happen if theres no trade deal . Whats going to happen if the deal is extended and whats going to happen if a deal gets done there are three scenarios. Quickly walk us through each one. If the deal gets done, the market shoots higher but its only phase i of a deal. So i think it has a lot more ammo in its ability to move the market progressively higher from there. Nobody
Until the close, cnbc contributor stephanie link from tiaa a nuveen company. Welcome, stephanie thanks. Energy doesnt usually lead this market but is today on the oil bounce and questions about whether thats sustainable and given sort of the scale and increase in tensions whether the move is big enough to bring back the sector and commodity trade i dont know. I really dont because its been a tough industry for the whole year. For a whul of years now. So this is really more a supply issue concern. I think the Biggest Issue for oil are demand and the demand environment has been slowing and the revisions have been lower. So with that as a backdrop this might be just temporary. You would have thought oil would have been rallying much more than it did. I spoke as well about 20 minutes ago to one of the senior traders at one of the major investment banks and said was pleased to see the algos didnt disrupt the market when pompeo came out and clearly blamed iran on that. That could have been a