Will give a brief technical read out for those members participating remotely. I think most are this morning. I want to welcome members who are joining us today remotely. Those who are joining remotely must be visible on screen for the purposes of Identity Verification establishing and , maintaining a quorum participating in a proceeding and voting. Those members must continue to use the video function while in attendance unless they are experiencing connectivity issues or other technical problems that render them unable to participate on camera. If a member experiences technical difficulties, they should contact the Committee Staff for assistance. Participation will be broadcasted in a room and via the Television Internet feeds and members participating remotely must seek recognition verbally and they are asked to mute the microphones when they are not speaking. Members who are participating remotely are reminded to keep the Software Platform video function on the entire time you are
Systems along with the subcommittee on oversight and government reform. Good morning everyone, before i begin my Opening Statement i will give a brief technical readout for those numbers that are participating remotely. I want to welcome members who are joining us todays joint hearing remotely. Numbers who are joining remotely must be visible on screen for the purposes of identifying Identity Verification establishing and maintaining a quorum participating in a proceeding and voting. Those members must continue to use the video function while in attendance unless they are experiencing connectivity issues or other technical problems that render them unable to participate on camera. If technical divinities they should contact the Committee Staff for assistance. Video a members participation will be broadcasted in a room and via the Television Internet feeds and members participating remotely must seek recognition verbally and they are asked to mute the microphones when they are not speak
Good morning everyone, before i begin my Opening Statement i will give a brief technical readout for those numbers that are participating remotely. I want to welcome members who are joining us todays joint hearing remotely. Numbers who are joining remotely must be visible on screen for the purposes of identifying Identity Verification establishing and maintaining a quorum participating in a proceeding and voting. Those members must continue to use the video function while in attendance unless they are experiencing connectivity issues or other technical problems that render them unable to participate on camera. If technical divinities they should contact the Committee Staff for assistance. Video a members participation will be broadcasted in a room and via the Television Internet feeds and members participating remotely must seek recognition verbally and they are asked to mute the microphones when they are not speaking. Members who are participating remotely are reminded to keep the Sof
Wisdom tree is going to join us. Taking a look at the markets. S p up. 2 building on the gains we saw last week. Whats driving it today . Financials are having a good day, up 1 after better bank results on friday. Tech is going strong, Information Technology is your second best sector thats why the nasdaq is up half a percent right now, you have 35. 5 year to date the s p 500 up 17. 5 a rally that took so many people by surprise that were coming in, still expecting earnings and we have strategists we just heard last hour, earnings weakness, Federal Reserve having more work to do to keep inflation from popping back up and here we are. Higher indeed, got 52 week highs on the industrials, the transports as were talking goldman cuts the cout the odds of recession down to 20 the median on the street is 54 odd. This is in the next 12 months. Yeah. More positivity. Thats whats topping our tape this morning, the burst of optimism rbc and Raymond James saying the rally is about to expand beyond