Since the beginning of september. As investors try to move toward the Health Care Part of the economy, it is creating choppy trading action as we can see with todays mixed action similar to yesterdays big move, lots of volatility. David we have all been fixated with the election, and some with covid19 and the vaccine. You pointed out something that happened in august that may be having ripple effects in the equity markets right now. It seems as though the surface issues, the very important issues, the election and the virus, a huge issue that can change the field. It seems that what we are seeing is a repricing of risk. In august, the feds policy framework shift back in august ,eeping rates lower for longer especially the short end of the curve, but putting the sentiment towards the idea of inflation or healthier economy, that has steepened the yield curve tremendously, again a repricing of risk. This is healthy, but when the yield curve steepens it does cause lots of different Asset C
This room, for guidance from the office of attending physician, masks must be worn at all times during todays proceedings except when a member or witness is speaking. Please also sanitize your seating area. They view these as a safety measure and an important matter of order and decorum for this proceeding. For members participating remotely, please keep your video function on at all times. Even if you are not recognized by the chair. Members are responsible for muting and unmuting themselves and please remember to mute yourself after you finish speaking. Consistent with House Resolution 965 and the accompanying regulations, staff and members will view it as appropriate when they arent under recognition to eliminate background noise. I see that we have a quorum and i now recognize myself for opening remarks. Let me welcome our witnesses as ive let the Ranking Member know. Ill be going considerably longer than the customary five minutes. My statement this morning and, of course, ill yie
A supply of p p. And after 9 months of fighting code the very notion of the International Community looks frankly pretty tattered and we know that we simply cant continue this way and listen we get our act together unless we unite and turn our fire against our common further we know that everyone will that is the inevitable outcome will be to prolong this calamity and increase the risk of another now is the time that for here what i devoutly hope will be the 1st and last ever zoom under. Humanity to reach across borders and repair these ugly rifts lets heal the world literally and metaphorically and lets begin with the truth because as someone once said the truth shall set you free. And with nearly a 1000000 people dead with colossal economic suffering you already inflicted more to come there is a moral imperative for humanity to be honest and reach a joint understanding of how the pandemic began how it was able to spread not because i want to blame any country or government or to scor
Well continue, mr. Connolly. Thank you very much mister chairman, and thank you for our panelist for being here. I have a long convoluted mark, thats why were coming back and forth. I show the Government Operations subcommittee, which has jurisdiction over Inspector General. So, mr. Brian bulatao could you describe for us your understanding of the roles and functions of an ig an Inspector General . The Inspector General reports to the head of the agency, under the direction provision according to the ig. They have the responsibility to identify areas of fraud and abuse. They have the mission to conduct independent audits, to conduct inspections and to conduct investigations. And they have strong commitment to be independent of any and appropriate influence. Where that influences coming from within their agency, or from congress, or from any other place, there is a commitment to be independent from inappropriate influences. Would you, would you but do you believe that an ig is subject t
Affairs will come to order. Without objection, the chair is authorized to declare a recess of the committee at any point and all members will have five days to submit statements, extraneous material and questions for the record subject to limitation in the rules. To insert something into the record, please have your staff email the previously circulated address or contact full committee staff. As a reminder to members, staff and others physically present in this room, for guidance from the office of attending physician, masks must be worn at all times during todays proceedings except when a member or witness is speaking. Please also sanitize your seating area. They view these as a safety measure and an important matter of order and decorum for this proceeding. For members participating remotely, please keep your video function on at all times. Even if you are not recognized by the chair. Members are responsible for muting and unmuting themselves and please remember to mute yourself aft