I am proud to say it led to the first bipartisan package in decades. It took time and a willingness to acknowledge that no party has a monopoly on good ideas. M proud of what we are what we created together. Although we were already holding these hearings in our committee, we require that others hold them also so that all members have a chance to be heard in front of congress. Hopefully, more good ideas have the chance to see a light of day. I couldnt ask for a better partner than our Ranking Member, tom cole. We come from different parties, but we share the same dedication to this institution. What this is really all about, a wellfunctioning house allows us to tackle the issues that can make a positive difference in peoples lives and that is why we already for prep congress and the first place. Before i turn to our ranking on the job to for the house of new parliament parliamentian. Mr. Jason smith. Mr. Cole and i have said a lot about him to his predecessor. And he and his predecesso
S p by 11, nasdaq up by about 42 there were a few areas of the market yesterday that continued to outperform including the small caps russell 2000 coming off an alltime intra day high. And then there is the khodow trs trading at a record high and right now it looks like the ten year is yielding just about 0. 8 the transports a lot of times, they are an early indicator of what is to come, but maybe more difficult to glean what is happening this time given the overall virus situation. Yeah, it is and it is really not things Like Airlines so much driving the transports actually fedex and u. P. S. Are arguably kind of stayathome plays and they are also big components of the transports so really just kind of gone sideways in the last day or so, not much of a pullback just yet. So well very to see how that develops and in this context especially with the White House Task force painting a bleak picture on the near term outlook. The most recent report warns that there is, quote, now aggressive
That is correct, mr. Chairman. We got to find something we can join here. There may be good reasons, im just trying to i want a global fund to be created like we have done for aids and malaria and other things to deal with plastics that we can control. I want us to look at the World Bank Program and see if we can make some contributions there. We are going to leave the hearing open to friday at 2 00 p. M. For additional questions. I just want to thank you both. I look forward to working with you on this. We are going to provide you more resources. Tell us what you think it is best utilized. Thank you. Mr. Chairman, thank you very much and thank you for the attention. Thank you. The meeting is adjourned. Thank you. Thank you so much. Today, the conclusion of a q a interview about the relationship between the media and u. S. President s. Todays program talks about president s from Franklin Roosevelt to donald trump. With joe biden as president elect, go to cspan for live coverage of the
Good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla with jon fortt and Julia Boorstin on this election day markets are continuing the rally we got on monday were close to session highs right now. Dow is up 665. Best day since june 5th for the dow and s p 500. Best breadth since april 8th nasdaq and s p 500 erased their october loss, jon, as were seeing things like yields go higher as well and the dollar weaken which is another sign that some of the imbedding on emerging markets going out of this election. Yeah, carl. Looking at tech overall and particularly big tech, its interesting the gap between microsoft and amazon lagging behind apple, thats narrowing a bit. Remember, you had apple above 2 trillion in market cap and around 1. 5 trillion now thats come down apple is below 2 trillion those two are still around 1. 5 alphabet lagging all of those year to date so what is surging today tesla is up 5. 5 sales force, cisco, micron, dell, if you look at enterprise space, tho
For us on the committee to do something radical, to listen more than we talk. For us to heare from our colleagues on both sides of the aisle about their ideas for the next rules package. Regardless of who controls Congress Next year, i think we can all agree running this house with integrity means listening to all members so that is what we will be doing today. We took a collaborative approach with the rules package for this congress and im proud to say the first bipartisan package in decades. It took time to acknowledge no party has the monopoly on good ideas. Of what weve created together, the consensus calendar to expedite consideration of ideas with bipartisan support, the Diversity Office to get the calls falls of Congress Looking like the real world, and the Modernization Committee to advance good ideas from both sides to get this place functioning better. Although we were hearing these in committee, we required other committees hold them so all members have the chance to be hear