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Subcommittee. The four companies represent in sports and on its larger Strategic Vision for engagement with the United States. This hearing will come to order apologies for beginning a little bit late. We had a vote going, about 5 30, but i want to thank the foreign for individuals for being with us today and thank, as well, my friend, senator johnson, as Ranking Member for his cooperation and his support in moving forward with this hearing. A lot going on. Of historic magnitude, before the United States senate, but the issue before us today is truly of historic consequence in president ial and practical import. The issue is, in fact, whether for companies sitting here today represented by barry able leadership accepted their obligation to respond to congressional s ....
Maria good monday morning, everyone. Thanks so much for joining us this morning. Im maria bartiromo. It is monday, march 11, your top stories right now 6 00 a. M. On the east coast. Today inflation data likely setting the tone this week for stocks as well as oracle earnings after the close tonight. Markets are pulling back this monday morning after dow saw its worst day since october on friday, in an overall down week for stocks last week. The dow industrials right now extending the losses with a decline of 141, the nasdaq down 14 andahalf, s p 500 lower by 7 points right now as we get set for the february cpi number out tomorrow morning. Followed by the ppi and retail sales later on in the week. Were watching reddits planned ipo today, ta targeting 22 milln shares. Bitcoin a major story, hitting another alltime high this morning, bitcoin is now above 71,700. We are on i it this morning. Check out european markets, stocks are lower in the eurozone as well as you can see the ft 100 down ....
This hearing will come to order. Apologies for beginning a little bit late. We have another vote at about 5 30. I want to thank the four individuals or Witnesses Today for being with us. And i would like to thank as well my friend, senator johnson, for his cooperation and support in moving forward with this hearing. A lot going on of historic magnitude before the United States senate. But the issue before us today is truly of the store consequence in president ial and practical import. The issue is in fact whether four companies sitting here today, represented by very able leadership except their obligation to respond to congressional subpoenas. The apparent refusal to do so in full is not only unprecedented, but it threatens opening a door to other u. S. Companies cloaking themselves from scrutiny whenever they work for a foreign government, or even a foreign state owned ent ....