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Transcripts For CSPAN2 Hearing Looks At Changes To Over-the-Counter Drug Regulation 20170915

A group of industry stakeholders spoke and outlined recommendations for lawmakers. This is about two hours, 40 minutes. We will come to order. I recognize myself for five minutes. Opening statement. Todays hearing marks the health of subsidy public discussion on modernizing the Current System of the United States fda to review, approve and update. This hearing provides us in the American Public with the opportunity to better understand the fda regulatory frame work for overthecounter drugs and consider a proposal to reform the monograph system. I would like to commend all for their efforts in offering their insight to the committee. Theyve set a strong record of bipartisanship on Public Health issues such as 21st century cures, the fda reauthorization act and i hope to add to that record of success with todays hearing. Overthecounter drug products provide a wide variety of ailments. Pain relievers, eyedrops, cough drops as a firstline treatment option before going to see the dr. And ge

Transcripts For BLOOMBERG Whatd You Miss 20160531

Roundup for the month of may. The s p 500 climbing 1. 5 . Surprising and to the day, the dow a significant laggard. Utilities leading the way, kind of a strange and unpredictable start to the week. Exactly. Oliver i want to start off talking about another weird stocks move. Look at the shanghai stock futures this morning before we came in. Speaking of starting off on a weird foot, a bit of a flash crash that happened in china attributed to selling on a hedging account. Obviously a big deal because of the dirt in the liquidity in the market. I think that investors are worried about the regulations the government is having on daily trading but here you see whats happening. Very little liquidity in the market, you have the kind of tips. Moving into the u. S. An interesting kind of move in the later half a day. Particularly semiconductors ending up. A big reversal, down 50 basis points at one point during the day. The only sector with above average volume, two other stocks least threees of

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