Subcommittee will come to order. Were going to hear today on the fiscal year 2020 budget request for the fcc and the ftc. We have with us today our two chairmen from the fcc, chairman pai, who has served as chairman since january of 2017. He was previously a commissioner on the federal communications commission. Hes a graduate proud graduate of harvard and chicago law. We also have from the federal trade commission, chairman joseph simmons. Hes been chairman since may of 2018. He was previously a partner at paul weiss, where undoubtedly he made more money. He was cochair of the firms antitrust group, and hes a graduate of cornell and georgetown law. Let me say a few words. Then ill call on my colleagues, senator coons. As indicated today, were convening the first hearing for the Financial Services and general Government Subcommittee for fiscal year 2020. Id like to welcome my colleague, senator coons, and all the members of the committee, and im very pleased to be working with them. I
Law. We also have from the federal trade commission, chairman joseph simmons. Hes been chairman since may of 2018. He was previously a partner at paul weiss, where undoubtedly he made more money. He was cochair of the firms antitrust group, and hes a graduate of cornell and georgetown law. Let me say a few words. Then ill call on my colleagues, senator coons. As indicated today, were convening the first hearing for the Financial Services and general Government Subcommittee for fiscal year 2020. Id like to welcome my colleague, senator coons, and all the members of the committee, and im very pleased to be working with them. I look forward to us taking a collaborative approach to these hearings and to our 2020 appropriations bill. Our subcommittee may be small dollarwise, but we are mighty, and we are committed to saving taxpayer money and spending what we spend wisely. The programs and agencies funded by this subcommittee, i dont need to tell our two chairmen, play an Important Role in
At the white house. Hello, everybody. Thank you, everybody. [laughter] hi, everybody. Mr. President. How are you doing . Thank you very much. Were from north carolina. I like that. Thank you, everybody. Well, thank you very much, everybody. Big day. Very important day. We have a lot of important days at our white house. And this is to me the future. I want to thank you all for being here to discuss a critical issue for our countrys future. Winning the race to be the worlds leading provider of 5g Cellular Communications networks. Its all about 5g now. We were 4g. And everybody was saying we have to get 4g. And then they said before that, we have to get 3g. And now we have to get 5g. And 5g is a big deal. Thats going to be there for a while. I guess at some point well be talking to you about number six. What to you think . You think thats true . Right now were going to be the leader in this. Were going to do be were the leader in everything. Were joined by the chairman who has been doing
[inaudible] thank you very much everybody. We have a lot of Important News in our white house. This is to me the future. They said, we have to get 3g. Now we have to get 5g and 5g is a big deal. That will be there for a while. I guess at some point we will be talking about number six. Right now, we want to be the leader in this. We are the leader in a most everything else. We are grateful to be joined by the fcc chairman who has been doing a fantastic job. And deputy secretary of agriculture. Thank you very much. Appreciate it. Tell sonny hello. Hes doing a tremendous job. Networks will act absolutely be a vital link to americas prosperity and National Security in the 21st century. 5g will be as much as 100 times faster than the current 4g cellular networks. It will transform the way our citizens work, learn, communicate and travel. Make American Farms more productive, American Manufacturing more competitive and American Health care better and more accessible. Basically it covers almos
[laughter]. Pres. Trump hello, everybody. Nice to see you. How are you . I like that. Thank you, everybody. Thank you very much, everybody. Big day. We have a lot of important days at our white house and this is, to me, the future. I want to thank you for being here to discuss a critical issue for the future of our country, winning the race to be the worlds leading provider of 5g Cellular Communications networks. It is all about 5g now. We were at 4g and everyone was saying we had to get 4g and before that they were saying we had to get 3g and now we have to get 5g, it is a big deal, and that is going to be there for a while, and i guess at some point we will be talking about number six. [laughter] pres. Trump what do you think . But now we want to be the leader in this. We are the leader in almost everything else. We are grateful to be joined by fcc chairman ajit pai and the deputy chairman of agriculture. Thank you very much. Tell sonny hello. Hes doing a tremendous job. Really treme