That really made an impression on markets in europe. Lets look at how we are faring in the United States because we are down here, too, though not by as much. The 10 year yield at 65 basis points. Crude oil has erased any gains at saw after the drawdown in inventories earlier. 5. 42now trading hunting a barrel for wti it is now trading at 25. 42 a barrel for wti. Fed chair jay powell speaking this morning to adam posen of the Peterson Institute in washington, d. C. He pushed back against the idea of negative Interest Rates in the United States. He urged monetary and fiscal policy makers to rise to the challenge in order to avoid unprecedented downside risk. Chair powell while the economic response has been timely and appropriately large, it may not be the final chapter given that the path ahead is both highly uncertain and subject to significant downside risks. Economic forecasts are uncertain at the best of times, and today the virus raises a new set of questions. Vonnie for more, we
We hear from an essential figure in that period. Tesla owners are talking in part to a bloomberg expansive study, thousands of model three owners. We examine whether parts and to parts. Re up Twitter Announces it will stop all political as on their platform, with the ceo saying it is not about free speech, it is about paying for reach. The sentiment was not echoed by facebook. They reported earnings and reassured their stance when it comes to political ads. Brandcebook ceo stayed on during the Earnings Call. I expect this will be a very tough year. We try to do what we think is right, but we will not get everything right. This is complex stuff. Anyone who says the answers are simple has knocked out long enough about has not thought long enough about the nuances and challenges. I get that some people are going to disagree with our decisions and think they may have a negative impact on things they really care about. But i dont think anyone can say that we are not doing what we believe or
From that period. And tesla owners, they are talking in part two of a bloomberg expansive study, thousands of model three owners. We examine whether parts and services are up to parts. Twitter announces it will stop all political ads on their platform, with the ceo saying its not about free speech. Its about paying for reach. That sentiment wasnt echoed by facebook as they reported earnings and reassured their stance when it comes to political ads. Facebook Ceo Mark Zuckerberg stayed on brand during the Earnings Call. Mr. Zuckerberg i expect this will be a very tough year. We try to do what we think is right, but were not going to get everything right. This is complex stuff. Anyone who says the answers are simple hasnt thought long enough about the nuances and challenges. I get that some people are going to disagree with our decisions. I get that they may have a negative impact on things they really care about. But i dont think that anyone can say that were not doing what we believe or
Sea level rise and so the question came, how do we protect it . We put together a bond that went to the voters and in 2018 to say, we have risk, we have trouble, help us. The leadership behind me made that bond happen. With that bond, we began to work and advocate that same year, we amazingly got a new start from the army corp of engine and say said we will study this problem, well figure how to fix it and if we find federal interest well build with you to build the project and today we are celebrating the draft plan that has come out of that process. It involves 6 years of work, very deep analysis and investigation. This is not a easy problem to solve. But now you will see and it the public will see this work lead to key answers to the puzzle of how to protect this waterfront. The remarkable leaders behind me took very very very bold steps with persistent commitment to the long game and to addressing sadly what we must address, to make this day possible. We mark this milestone as a gr
This hearing is just under four hours. [inaudible conversations] [inaudible conversations] the committee will come to order. Before we begin i now i know i speak for everyone here when i wish our Ranking Member a belated happy birthday yesterday. And were supposed to at some cake later, so lets celebrate. But late happy birthday. Weng with you sir. Thank you commissioner werfel, before a printer for the ways and Means Committee of the earlier than usual this year. We have a lot to go over with you so i appreciate you answering request of our a members to come before the Committee Early this year. First, as it pertains to the current 2023 tax Filing Season, i want to thank you and your team for the Technical Work to ensure the quick and withoutth delay implementation of provisions of the tax relief American Families and workers act. We take the appreciate the steps the agency is taking right now to beent the legislation once the Senate Passes of the bill and it is signed into law. Espec