Up next testimony from dacts lien kraniger. She talks about her agencys role in protecting consumers during the pandemic. This hearing will come to order. This hearing is another remote video hearing. Ill go through quickly some of the standard reminders to remind everybody, once you start speaking, there will be a slight delay before your picture shows on the screen. To minimize background noise, please remember to click the mute button until it is your and if theres a technology issue, weve move on until it gets resolved. The fiveminute time still some senators say they dont seem to be able to find that. If you go to the righthand side of the screen and move your mouse, some options will show up. One of them is the grid view. If you click grid view, you will see a grid of everybody, and one of the things youll see is the clock. Ill try to gently remind people, because some senator have asked for the reminder because they cant see the clock. Again senator brown and i have agreed to go
Vacant remedial hacks on your Corporate News shows make sure to all boyd reporting on the growing worker movements you know the jake tappers anderson coopers but i understand blitzers end. And that one woman too but dont go too hard on these hacks. For they not know not what they do they have so much plastic pumped into their cheekbones that it causes their brains to congeal into a new good substance which mixes well with Peanut Butter all of this recipe so even though they wont report on it according to payday report dot com which tracks strikes across the country so far weve identified over 175 wildcat strikes that happened just since the beginning of march thats right Los Angeles Mcdonalds employees San Francisco costco workers tracy california amazon employees pittsburgh sanitation workers thats right pittsburgh once had sanitation workers in 50 restaurants across florida chicago arbys employees dallas postal workers carlsbad nurses san diego transit workers crack dealers in clevel
Pittsburgh sanitation workers thats right pittsburgh once had sanitation workers in 50 restaurants across florida chicago arbys employees dallas postal workers carlsbad nurses san diego transit workers crack dealers in cleveland and black market baby baby salesmen in black sea the workers are fighting back thats just a small portion of the list of workers who have gone on strike or halted work in order to have their demands met over the past 2 months we have learned something we have learned that the the lowest paid workers in a company are often the most essential even if they arent the most celebrated is kind of like at a wedding the bridesmaids in the groomsmen get all kinds of attention all the pomp and circumstance but they arent the most essential they arent the essential of all the guys cooking up the pork chops and then delivering them to your tables are the truly essential workers without them the wedding gas would begin killing and eating the slowest and weakest amongst them
The Investment Committee is ready to go. The Halftime Report starts right now. Welcome. Good to have you with us on this friday our Investment Committee here today joe terranova, john levanthal, josh brown, and marc lasry is here. Lets fwin with the markets. Stocks extending gains, more trade optimism marc, good to see you again. Thanks for being here. Ill turn to you first were looking at the major averages dow is about 70 points from 28,000 what do you make of the markets in the here and now . Are you surprised we are where we are in. Yeah. Im very surprised, actually why so . Well, if you sort of look ate it, gdp growth is slowing down youve got issues sort of everywhere youre turning. And yet the market keeps hitting new highs. I think thats its great if youre an Equity Investor for what we do we need sort of the market and gdp to be around 1 to 2 . I think what we do, its great i think on the equity side, its going to be a tough year for the next year. You do . Why so because of g
welcome to the programme. there are tentative signs that inflation is coming under control, and the recession forecast last year will be shallower and shorter than expected. butjust to make sure, the central banks are raising the interest rates again. yesterday it was the fed, today the bank of england increased the base rate, half a point, to 4% the highest it has been in m years. we think inflation will come down rapidly, and a lot of that is down to energy prices, which have fallen rapidly. but i m afraid there are big risks out there which mean that it may not happen in that way. yet we re still seeing stronger pressure from price and wage setting in the economy in the question is, will that start to ease off? coinciding with the bank s decision came a profit announcement from shell and a rather blunt illustration of why we re all getting poorer. the oil and gas giant has reaped profits of £40 billion last year. the taxman has reaped far less. shell said it paid $1