Of a short period of time. I want to say right now we have our second hearing next tuesday on the Affordable Care act. Thank you everyone for joining us and thank you to the staff. We are holding this hearing virtually in compliance with regulations for Remote Committee proceedings and as resolution 965. This is my first hearing is chairman of the subcommittee on oversight and my First Official virtual oversight subcommittee hearing in the ways and Means Committee. Before return to todays important topic i want to remind members of a few procedures while we navigate this platform. First, consistent with regulations, the committee will keep microphones muted to limit background music and noise. Members are responsible for muting themselves when they seek recognition or when recognized for 5 minutes. Second, the members and witnesses must have their cameras on at all times so even if you leave for a second or few moments, leave your camera on. Third, we will dispense with the practice of
Weve got a great response out of our short period of time and i want to say right now we have our second hearing next tuesday on the Affordable Care act. Thank you everyone for joining us and thank you to the staff. We are holding this hearing virtually in compliance with regulations for Remote Committee proceedings and as resolution 965 and this is my first hearing is chairman of the subcommittee on oversight and my First Official virtual oversight subcommittee hearing in the ways and Means Committee. Before return to todays important topic i want to remind members of the decisions and procedures while we navigate this platform. First, consistent with regulations we keep microphones needed to limit background noise and members are responsible for on meeting themselves when they seek recognition or when recognized for five minutes. Second, the members and witnesses must have their cameras on at all times so even if you are for a second or few moments leave your camera on. Third, we wil
965 and this is my first hearing is chairman of the subcommittee on oversight and my First Official virtual oversight subcommittee hearing in the ways and Means Committee. Before return to todays important topic i want to remind members of the decisions and procedures while we navigate this platform. First, consistent with regulations we keep microphones needed to limit background noise and members are responsible for on meeting themselves when they seek recognition or when recognized for five minutes. Second, the members and witnesses must have their cameras on at all times so even if you are for a second or few moments leave your camera on. Third, we will dispense with the practice of observing and go in order of seniority for christian dating alternating between minority and majority and [inaudible] after all subcommittee members have asked the questions we will move in seniority order to off subcommittee members. Finally, without objection representative [inaudible] will also serve
Pressure mounts. Shery the volcano in the philippines shots schools and the Stock Exchange, warning of a violent explosion. Australian markets have opened for trade. Lets turn to sophie. Sophie stocks opened to the downside, off. 2 after the best week of the asx 200 since february. We are seeing beach energy under pressure but Australian Oil companies should outperform in 2020, although looking for caution around oil prices in the back half of the year given expectations for additional supply which has taken the wind out of oils rally. The oil rally. Oil had the worst week since july. Lets flip the board to check in on cable. We are seeing cable under pressure. Looking at how it is doing, moving towards the 130 scandal. 130 scandal. Here,g into the terminal want to give you the heads up the Philippines Stock Exchange has been close to their rolling along with schools and the middle miller the Manila Airport in the week. Here is where philippine stocks are. This is asias worst performer
We recognize, we cant do it alone. This goes to the staffing issues. Theres going to be in National Guard component. Theres going to be another sector component to it. The dhs component to it. A Law Enforcement component so bringing the whole Community Together for response to Cyber Threats is a great lesson out of the ukraine. Two things i wanted to put a fine point on. One, the physical cyber convergence, the attack surface growing exponentially. When we Start Talking about the internet of things and the internet of everything, making security into the design of architecture becomes that much more important. Secure coding and the like. And i might note that one of the greatest deterrence and ive been an outspoken critic that we havent really articulated a cyber deterrence strategy and i think we in essence blame the victim. We blame entities rather than penalize and put pain and cost on the perpetrator but thats a longer conversation but maybe one of the best deterrence is the abilit