Its critical that we allow telework to minimize the number of people in federal buildings. With that, mr. Chairman, i yield back and i look forward to hearing from our witnesses today. Thank you. At this time i want to proceed with testimony from our witnesses. Let me do a quick introduction of the four of them. Joining us remotely is Michelle Rosenberg and the Strategic Issues team where she is on capital issues and she served for over 20 years on gaos tenured team. Shes been recognized with Health Care Team awards including two Meritorious Service awards and shell be testifying first and joining us remotely. Mr. Keith waington is with the u. S. Department of troilgz. Has been with the Department Since 1991 and in hiscurrent position he provides leadership and oversight in the areas of Human Resources, security, audit relations, acquitions and gras and transportation and facilities and space management. Maybe you can lead nasa for us next since we need a new director for nasa since yo
Modernizing the teleworking moving forward using Lessons Learned during the covid19 pandemic. We should have some good come out of this pandemic. This hearing is focused on what we can gain, what gaps are still there, and what better we can do for this process. Its been a decade since the last telework legislation. The telework enhancement act of it set the baseline standards 2010. For them to follow with telework and over the last 10 years, weve seen great advances in technology and workforce expectations and the increase in cybersecurity threats. So many changes in the world, it makes sense to take a close look at the telework policies and strategies than the federal workforce. Current pandemic has acted as a magnifying glass for telework policy improvement. This Committee Held a hearing in july and during the hearing we were able to gather valuable information concerning what private employers have done to support the Remote Workforce and we were able to draw Lessons Learned with ho
Learned and what to better improve the process. Its been a decade since the last significant piece of the telework legislation, the telework enhancement act of 2010 and it set the baseline standards for them to follow with telework and over the last ten years, weve seen great advances in technology and workforce expectations and the increase in cybersecurity threats. So many changes in the world it makes sense to take a close look at the telework policies and strategies than the federal workforce. The current pandemic has acted as a magnifying glass. This Committee Held a hearing in july and during the hearing we were able to gather valuable information to what theyve done to support the Remote Workforce and we were able to draw Lessons Learned with how they recalibrate the telework strategies and policies. During that hearing we gained insight into what the current private workforce is demanding. This, coupled with the environmental challenges we now face will help us create remote wo
Swan number three, hurricane zeta. We will show you exactly where it is right now and how its crushing oil, natural gas and energy stocks. At its lows the Dow Jones Industrials had fallen 908 points. So when you combine that with the previous two days, thats a drop of more than 1700 points. The s p 500 and the nasdaq are also struggling hard right now. We have the s p down 94, the nasdaq down 332. Look, now we see octobers gains wiped out for those two indices and oil getting crushed in the aftermarket session, down 5. 25 . We are now at 37. 51 a barrel. This is not helping, either. Three tech giants, facebook, twitter, alphabet google, adding to the nasdaqs woes. Their shares hammered as their ceos faced congressional scrutiny from both sides of the aisle during a very contentious hearing on capitol hill. We are about to show you the key moments and then our tech panel, top guys in the industry, will translate what it might mean for the stocks. Will the renewed lockdowns invite a supp
In negatives, nothing changes there. The latest negative being this fight over control. The president or the governors. That is a distraction from the main event, getting back to work is now job one. Later on the program today, larry kudlow, the president s chief economic adviser, joins us. Hes on the task force. We will ask when, where and who gets back to work. Thats coming up. To the get back to work debate, it largely excludes democrat politicians, shown side by side Bernie Sanders has endorsed joe biden. But all they can agree on is contempt for the president and some bernie supporters are saying now they will not vote for joe biden. The democrats are split. What are they contributing to the get back to work debate . In my opinion, not much. The market, however, they appear to like the idea of opening up the economy. Investors looking to the other side. The dow this morning is going to be up about 400 at the opening bell. Thats a gain of, what, 1. 75 . A similar gain for the s p a