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Oversight of the department of Energy Research and development enterprise. Welcome, mr. Secretary. Were delighted youre here today. This committee has jurisdiction over the department of energys vitally important science and Energy Research and development activities. The laboratories and facilities so i hope we see you much more frequently from now on, and i look forward to working with you throughout this congress. With the budget season mostly behind us, id like to bring just a few minutes and a few items to your attention. Ill start with the good news which is that despite the administrations best effort to make draconian cuts across the board to deo research and Development Programs, most actually fared well in the house of representatives. Im particularly pleased to see the increases to the budget for arpae ....
Test. Test. Test. And part of that reason is because of the research that is going on at our National Labs. And im going to, again, ask paul to share with you, just because hes fresh out of seeing some of this and has to do with the Battery Storage. And the progress being made on Battery Storage is really fascinating. And ive always said that Battery Storage is the holy grail. If were able to get to that point where we can use our renewables, solar and wind in particular to power these batteries that have long time storage, and what were finding now is that the the elements that are being used to create some of these batteries are not Rare Earth Minerals and theyre elements that we have right here in the ....
We have the Semiconductor Equipment index up on upgrades from the street. Upertheless, the s p is only 1 10 of 1 . The 10 year yield at 2. 03 . I know we are going to be sticking with markets. A lot to talk about today because we are smack bang in the middle of a earnings season, but there is the whole backdrop of the Central Banks and their moves as well. Forill speak to mervyn king a very interesting conversation in the last half of this hour. Theres fed talk, European Central bank later this week. It is happening on all fronts right now. Guy lets get a take on that. Alberto gallo joins us now from algebris to give us his take this morning. What are we going to bid from what are we going to get from the ecb this week . Are they going to deliver, or talk about delivering this week . Alberto they are going to t ....
Election is rapidly taking shape with joe biden and donald trump taking their Campaign Pitches on the road lobbying personal shots at each other in this same critical swing state plus new reporting on what donald trump says about dictators like Vladimir Putin and kim jong own Behind Closed Doors you wont believe how his former Chief Of Staff says trump once described adolf hitler and senator bob menendez was just arraigned. Again on new charges of bribery three, and extortion. Prosecutors accused the democrat of acting as a Foreign Agent for egypt and 80 the qatari government. So why is he sit, is sitting still sitting on Key Senate Committee . ....