Apple were virtually on capitol hill for hearing on big tech and at the trust. Thats our discussion this week on the communicators. Joining us is cerebellar who is with the American Economic liberties project. Shes the executive director, and former congresswoman Barbara Comstock two is now a Senior Advisor at Baker Donelson. Sarah miller, the question i always ask quite a bit at the hearing was his big tech too big . What is your answer to that . Guest i think the obvious answer to that is absolutely. The members of the subcommittee, both democrats and republicans really focused in on the power of these corporations over the way that we communicate and the way that we engage in commerce. That was the dominant theme of this hearing, and he also got into the guts of how these businesses work, how they abuse their dominance, i think gauge and predatory behavior and just how they are hurting other businesses, small, medium sized businesses and everyday families. Families. It was really qu
Thank you very much. Next speaker, please. We know that the China Town Community center is here today speaking in support for imperi imperial. It represents everything we need on the Planning Commission. Her background, intelligence, thoughtfulness. You know, her fight for a long history of fighting for communities. Im very excited to see the conversation today centered around Racial Equity and how we make that real. As you can see were very excited. Today i wanted to strongly encourage you to support the appointment to the Planning Commission. Thank you, very much. Can we have the next speaker, please. Supervisors, let me bring to your attention that thisthe questions you ask should be very permanent and relevant. Now i hope you know the difference between a resolution and ordinance. Anyone can write a resolution. It cannot be enforced, its useful at three candidates. It cannot be enforced. Having said that, if you walk over San Francisco you see too many camps and homelessness. None
Right, i think the obvious answer to that is absolutely. The members of the subcommittee, both the democrats and a number of the republicans really focused in on the power of these corporations over the way we communicate and the way we engage. That was the dominant theme of the hearing. They also got into the god of how these businesses work and how they use their dominance and how theyre engaged in predatory behavior and how they are hurting other businesses, small, medium and everyday families. It was really quite remarkable hearing, night and day from the hearings that we saw just a couple of years ago when members of congress were grilling Mark Zuckerberg. Yesterday was i think a pretty remarkable moment in the Ongoing Investigation into monopoly power in general, but especially in regards to tech platforms and Digital Markets. Host congresswoman comstock. Guest i think yesterday we saw with Congress According to gallup today had an 18 Approval Rating and was attacking four of the
Left. Biden taking out a chapter of the president s playbook in buy american plan and take a look at futures pointing to lower opening, down 120 on the tow and s p 500 right now down 11 points. Nasdaq closed at record high yesterday. Dow and s p 500 were in the red as coronavirus spikes raise more concerns about economic recovery. The Supreme Court delivering a mixed ruling for the president saying Manhattan Das Office can get tax returns but denying Congress Access for now, plus this could be the worst tick season ever, many symptoms mimicking coronavirus, what you need to know to stay healthy coming up next hour. Mornings with maria is live right now. Purposan markets look like this. We have gains in europe. Cac quarante up 15 and dax up 47 points. Pretty good positive tone in europe. The two of the uks biggest retailer booth and john lewis cutting more than 5,000 jobs. In asia overnight red across the board. China shanghai composite snapping winning streak after rising nearly 17 in
I have an Opening Statement i would like to submit for the record. Ill do so without objection. And make a few comments. Today, were having a hearing about the foreign sovereign immunities act, coronavirus and addressing chinas culpability. Generally speaking, we have a foreign sovereign immunities act basically shutting off lawsuits against other nations because whatever we do to them, they can do to us. We made exceptions to it. We have amended the act four years ago regarding terrorist activities. This is not an issue i take lightly. This is something i have thought a lot about. My colleagues have worked to put together legislation. They have reconciled the legislation. I think senator blackburn, hawley, and others, and what would it mean if we amend suits to china. And why would we take this unprecedented step . This is the third pandemic to come out of china. The coronavirus came from wuhan province. Whether it was a mistake in the lab or spread at a wet market, i dont know, but w