Welcome to the to todays hearing. Pursuant house rules, some members will appear inperson and others will appear remotely via webex. Some members are appearing in person, let me first remind everyone that pursuant to the latest guidance from the house attending physician, all individuals attending this hearing in person must wear a face mask unless they are speaking. Members who are not wearing a facemask will not be recognized. Let me also make a few reminders to those members appearing in person. You will only see members and witnesses appearing remotely on monitor in front of you when you are speaking in what is known in web ex as active speaker view. A timer is visible in the room directly in front of you. For members appearing remotely, i know you are all familiar with web ex by now but let me remind everyone of a few points. First, you will be able to see each person speaking during the hearing. Whether theyre there in person or remote. As long as you have your web ex set to acti
Address the problem. Without objection, the chair may declare a recess at any time. I want to go through our usual housekeeping matters. Todays session will be conducted on an unclassified basis. All participates should refrain from discussing any classified or other information protected from public disclosure. Second, the committee is conducting this virtual hearing in compliance with House Resolution 965. It is being broadcast live on the committees website. Because of the threat posed by the covid19 pandemic remains ongoing, were proceeding with this hearing remotely in order to ensure the safety of our witnesses, members, staff and public. While we wish we could return to all standard inperson events, health and safety protocols dictate we find alternate means of carrying out our oversight obligations. Okay. So let me remind members of a few remote hearing procedures. First, consistent with the regulations, the committee will keep microphones muted to limit background noise. Membe
As we await clarity from jay powell in the new inflation policy. Ray dalio says fiscal and monetary injections have put the dollar under threat. Johnson revolt, boris reaches out to rebels in his own party to gain support for his plan to override the brexit deal he struck with the eu. Ftse futures are underperforming. Facebook versus the ftc, u. S. Authorities are preparing a possible antitrust lawsuit against the social network. Kim kardashian urges her 188 million instagram followers to freeze their facebook accounts. We have breaking news in the form of earnings coming across the ticker. Thespanish giant hosting of 8 billiones euros. Net sales a little more than 8 billion euros. We were expecting a net loss in the first half. Euros in 195 million terms of earnings before interest and taxes. There was a loss there also, 198 Million Euros, but it did have a positive earnings before interest taxes depreciation of 1. 4 9 billion euros. We will bring you any breaking news. Remember yeste
Ceos testify on Prescription Drug pricing. Members question why the retail price of their drugs frequently increases and at a rate that far exceeds inflation among other issues. This is just under 4 hours. Welcome to the to todays hearing. Pursuant house rules, some members will appear inperson and others will appear remotely via webex. Some members are appearing in person, let me first remind everyone that pursuant to the latest guidance from the house attending physician, all individuals attending this hearing in person must wear a face mask unless they are speaking. Members who are not wearing a facemask will not be recognized. Let me also make a few reminders to those members appearing in person. You will only see members and witnesses appearing remotely on monitor in front of you when you are speaking in what is known in web ex as active speaker view. A timer is visible in the room directly in front of you. For members appearing remotely, i know you are all familiar with web ex by
Callahan. In a unique partnership tonight, we are working together with the Portland Press harold and the Bangor Daily News to get you the answers you need to cast your ballot. Coincidentally, this first meeting of the candidates falls on the 19th anniversary of the 9 11 terror attacks, a day when we remember the heroes and honor the lives lost. It is also a day when americans feel even more patriotic than they usually do, and part of our civic duty is to make informed choices on election day. We want to help you do that, so we are going to be asking questions for the four candidates. The incumbent is republican Susan Collins, seeking election to a fifth term. The democrat is speaker of the main house, sara gideon. There are two independents, max linn and lisa savage, who belongs to the green independent party, but is not running as a Party Candidate on the ballot. There has been plenty of heat in the campaign. Our hope is to shed some light on important issues. The first round of ques