Including Broadband Access during coronavirus expanding broadband to rural areas telehealth funding and president trumps executive order on social Media Companies. Three hours 25 minutes. Good morning this hearing will come to order todays hearing on the oversight of the fcc. And they are here today and a special welcome to our a distinguished panel for appearing today we will hear from sec chairman pai commissioners. The sec is the nations primary regulator interstate and International Communications networks a core part of the agencys mission is to ensure all People United states have access to rapid and efficient nationwide Communications Services at reasonable prices never before has the responsibility to achieve this mission have been more important covid19 spotlight on the Communications Networks in the American Peoples access to Broadband Service since march there has been a dramatic and sustained a surge in Internet Usage us networks have performed well and we are much better t
The president pro tempore the senate will come to order. The chaplain, dr. Barry black, will open the senate with prayer. The chaplain let us pray. Eternal god, give our lawmakers the wisdom to remember and be grateful for all the things you have already done. Lord, you have sustained our nation during seasons of war and peace. You have helped us to find creative ways to strive for a more perfect union. You have provided us with solutions to difficult problems, just when we needed you most. Let this day be a time when senators find time to thank you for your bountiful blessings and faithfulness. As our lawmakers strive to live one day at a time, may they keep their focus on your power and love. We pray in your merciful name. Amen. The president pro tempore please join me in the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. The presiding
That wraps up todays white house briefing. We now return to last Thursdays Senate commerce meeting on fcc oversight. The serenity they necertaint build at scale. Capital, talent is scarce. Innovation doesnt have to visit. The more difficult it is, the less likely we hare to get it. And its consistent, i would add, with three years of reforms we have made oven with great heat taken. They have been a proven concept for a regulatory approach. I think the reforms, the ones you championed in the steam line act, would have us close the Digital Divide. The period is a marked contrast from the prior eight years. We wasted a tremendous amount of time chasing around partisan little agendas, rather than focusing on what matters. I think this pandemic has pult Telecom Policy in a crucible. That is what we have to focus on. On closing the Digital Divide. That is where we have been the last three years and its paying off results. We have not raised the mission divide yet. And the u. S. Infrastructur
executive order on social Media Companies. This is three hours and 25 minutes. [background sounds]. Good morning and welcome today hearing on the other side of the federal communications commission. And we have them here today. As a special welcome to our distinguished and all witnesses upon. Today we will hear from fcc chairman. In the commissioner and other commissioners. The fcc is the nations primary regulator and later state International Communications network. The core part of the agencys vision is to ensure that all people in the United States have access to rapid efficient and nationwide Communication Services at reasonable prices. Never before has the fccs responsibility to achieve this mission been more important. In the covid19 Public Health emergency experts a spotlight the Nations Communications networks in the American Peoples access to Broadband Services. Since march there has been a dramatic and sustained surge and internet usage. But the u. S. Network has performed we
Peter navarro. It has been a huge swing s p futures up, nasdaq up by 62. The nasdaq up seven sessions in a row. S p is up. Watching for the month of june, all three of these is up on track to be the third month in a row taking a look at treasury yields youll see the 10year is yielding 0. 715 . Crude oil up above 40 for the First Time Since the lockdown in early march. Getting to the story it has been a wild ride overnight. Last night on fox news, white house trade advisor Peter Navarro responded to a question about the china trade deal saying it is, quote, over. At that point, futures plunged about 400 points but then recovered after he later clarified his comments saying it had nothing to do with the phase 1 trade deal which continues to be in place. He was speaking to the quote lack of trust of the Chinese Party after they lied about the origins of the chinese virus. President trump posting a tweet saying the china trade deal is fully in tact. The lesson is that the move is a good re