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This on top of slight gains yesterday at 4 00 oclock. Markets were up. As you see dow industrials up 33 points and nasdaq up 139. Getting america working once again. President trump announcing plans to reopen the economy in phases. The president went through it yesterday. The Small Business aid program has run dry on capitol hill. The battle is waging on how much money, how much to add to funds to help business and American Workers now. Coronavirus is taking a toll on the chinese economy. It has contracted 6. 8 in the First Quarter. First ever quarterly contraction and wuhans death toll revised up 50 adding fuel to questions of beijings actual reporting on the virus. Secretary of state mike pompeo live at 8 30 a. M. Eastern on the possible origins of the virus as more people focus on the lab in wuhan, something that ive ....
And it could result in lives lost unless we have enforceable rules and regulations that protect the traveling public, not just the folks who may be behind the wheel but also passengers in vehicles out on the roads today. Driving continues to be one of the deadliest activities. The reason the framework issued yesterday concerned me so greatly is that it depends on voluntary selfassessment by the industry as opposed to mandatory rules. It was termed by one report even less burdensome than the voluntary one issued under the obama administration. The net effect would be to leave enforcement virtually toothless. So i am putting to you the question, to all of the witnesses here today, isnt it necessary to have mandatory rules and regulations enforced by the government, by the department of transportation or some enforcer to protect the traveling public . I think thats absolutely true. There has to be weve seen too many examples of and thats one of our concerns, is whether or not theres going ....
Support for and thoughts and prayers for all the victims of the recent hurricanes and most recently of course in the state of florida and our colleague in the Ranking Member on this committee, senator nelson, he and senator rubio are there today as they should be and looking out for the needs of their constituents and so again we certainly want to express our support for them and for the people of florida as they deal with the horrific storm and its aftermath. This committee has been working for some time in a bipartisan fashion to progresses the advancement of Autonomous Vehicles and i want to thank senator peters for partnering with me in this effort. And senator nelson who is unable to join us today. We put a lot of work into this effort to date and i look forward to continuing to work with this colleague to produce and pass bipartisan legislation. We are well positio ....
And senator rubio are there today as they should be and looking out for the needs of their constituents and so again we certainly want to express our support for them and for the people of florida as they deal with the horrific storm and its aftermath. This committee has been working for some time in a bipartisan fashion to progresses the advancement of Autonomous Vehicles and i want to thank senator peters for partnering with me in this effort. And senator nelson who is unable to join us today. We put a lot of work into this effort to date and i look forward to continuing to work with this colleague to produce and pass bipartisan legislation. We are well positioned to over see and address the emergency of this transformative technology. Beginning last congress weve held two hearings and hosted a demonstration of this technology for commit canny members. Well take a look at the implication and technology for larger vehicles. ....
This is just over two hours. Good morning. Before we begin, i want to express our support for and thoughts and prayers for all the victims of the recent hushrricas and most recently in florida and our colleague in the Ranking Member on this committee, senator nelson. He and senator rubio are there today as they should be, and looking out for the needs of their constituents and so again, we certainly want to express our support, prayers for them and for the people of florida as they deal with a horrific storm and its aftermath. This committee has been working for some time in a bipartisan fashion to address the advancement of Autonomous Vehicles. And i especially want to thank senator peters for partnering with me in this effort. I also appreciate the contributions of Ranking Member nelson who as i said, is unable to ....