On capitol hill. This morning, Maxine Waters goes right at Facebooks Libra. Finally, bitcoin comes back down to earth. So there you have bitcoin at 9,400. So question, hows the market doing . As in the stock market . Look at this. No selloff. Still holding right at record highs. The dow well above 27,300 and the s p stays right there at 3,000. You want some action . Wait until you see the latest tweets from mr. Trump and wait until you see joe bidens polling numbers. The latest. Varney company is about to begin. Stuart hes not letting up. The president piling on with this tweet. Hammering away, here we go, the democrats in congress are getting nothing done, not on drug pricing, not on immigration, not on infrastructure, not on nothing. So much opportunity yet all they want to do is go fishing. The American People are tired of the neverending witch hunt. They want results now. Okay. Got that. Senator john kennedy echoing the president s remarks. Roll that tape. I hesitate to contribute
Live coverage here on cspan. Needless to say, our committee has been working very diligently on a lot of transformational policy. While were waiting for our colleague here, i think ill thank senator wicker again for his work on the chips and p science act. I think people may not remember but this committee i dont know how many amendments we processed. Sen. Cantwell ity know it was in the hundreds. It might have been in the 300s. But i definitely believe that that kind of regular order process was good for the institutioned good for institution, good for the debate about science, and hopefully people will continue in todays hearing to understand that and understand much of the debate that maybe wasnt as clear in a big public perspective as it was to all of us who were working behind the scenes daily to try to figure this policy out. Ok, well go ahead and get started and when my colleague gets here, hopefully hell be here soon, we will let him make his opening statement. But welcome, sec
Live coverage here on cspan. Needless to say, our committee has been working very diligently on a lot of transformational policy. While were waiting for our colleague here, i think ill thank senator wicker again for his work on the chips and p science act. I think people may not remember but this committee i dont know how many amendments we processed. Sen. Cantwell ity know it was in the hundreds. It might have been in the 300s. But i definitely believe that that kind of regular order process was good for the institutioned good for institution, good for the debate about science, and hopefully people will continue in todays hearing to understand that and understand much of the debate that maybe wasnt as clear in a big public perspective as it was to all of us who were working behind the scenes daily to try to figure this policy out. Ok, well go ahead and get started and when my colleague gets here, hopefully hell be here soon, we will let him make his opening statement. But welcome, sec
Broadband access. The hearing runs two hours. Two hours and 40 minutes. [bangs gavel] good afternoon. The Senate Commerce committee will come to order. I thank my colleagues, many have been in this room for many hours already today doing double duty on both an aviation hearing, and now, a very important conversation about the implementation of the chips and science act which we are committing a pretty big role in. Less to say, our community has been very diligently working on a lot of transformational policy. While were waiting for our colleague here, i think i will thank senator wicker again for his work on chips and science act. I think people may not remember, but this committee, i dont know how many amendments we processed. It was in the hundreds, it might have been in the 300s, but i definitely believe that the regular process was good for the institution, good for the debate about science, and hopefully people will continue in todays hearing to understand that, to understand much
The critical thing and we should visit when we have more time. Let me just say the reports about because way are incredibly disturbing and i cant count on the investigations but we take every threat seriously and investigate to the fullest wherever we think theres some incredible allegation that a company has done an end run around your export controls. We need different tools, im supportive of the guard act which would and the restrict act which would codify our itcs authorities. We need that to have a comprehensive approach to go after connected apps. We would need resources additionally to do that. I think we need Additional Resources around enforcement to do exactly what youre talking about. Candidly we need the threat is different today. The threat from china in 2023 is different than the cold war threats of decades ago. It is technology and a. I. And it is moving fast so i would welcome a broader discussion with you around how we modernize what we do and how we properly fund what