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Without objection the chair medically resource recess without objection the chair may declare a recess had any time i want to go through the usual housekeeping matters todays session is an on an unclassified basis all participants should refrain from discussing classified information on Public Disclosure and the committee is conducting the virtual hearing with House Resolution 965 and the resolution of the proceedings is being broadcast live on the Committee Website because it remains ongoing and so we wish we could return to all Events Health and safety protocols means you have alternate means to carry out so let me remind members and consistent with regulations and to limit background noise members are responsible to unmute themselves when they are recogniz ....
Gap, set to speak again and the fate of a preelection aid package could come by the end of today. And the race for a cure, moderna saying its experimental covid19 vaccine could be ready for emergency use in december. Carl jim, just crossing the wires now, doj has filed the suit against alphabets google, and heard you talking to becky a moment ago, reiterating what you said for a long time, this lawsuit essentially is a strange kind of value creator. Yeah, look, i mean, arguably theyre saying there are ties to exclusionary business deals that google has done. Look, google has opened the books time and again to the government it is not their first rodeo. They have understood this. If theyre trying to break up google, all theyre trying to do is exactly what ive been hoping for, which is that to bring out the value in google, you have to break it up. So if the department of justice is going that route, theyre a great investment banker. I joke with david, there is situations where the sum o ....
Conversation in just a minute. Ill take you to the wall. We are focused today on this big pullback for tech. Nasdaq remains under pressure by more than 1 farmer jim, are we witnessing a socalled transition trade right before our eyes, from growth to value and does it have staying power . I think we are, scott i know its dangerous to say this type its different with regards to the rotation, but lets also realize this rotation was occurring before the announcement of the vaccine. All had you to do was look at the industrials and material to give you that clue now theres a very fundamental reason to support the continuing rotation into the cyclicals, into the industrials, even into the financials, which have been left fordead but are coming back it ju its just as simple as there is a path to normalcy ahead of us heres the one qualification i want to make if youre looking at yesterdays rally and saying, shucks, i missed, it relax unfortunately there is terrible news coming on the virus sco ....
Media, National Security and intelligence. This is an hour and a half. Without objection the chair may declare recess at any time. Before i begin, i want to go through the usual housekeeping matters. First, todays session will be conducted entirely on an unclassified basis. All participants should refrain from discussing any classified information. The committee is conducting the virtual hearing in compliance with House Resolution 965 and regulations for the committee proceedings. Its being broadcast live on the committees website. Because the threat posed by the pandemic is ongoing we will do this remotely to ensure the safety of the witnesses, members, staff and public. While we wish we could return to all standard inperson events, health and safety particles dictate we find alternate means of carrying out our obligations. Okay. So, let me remind members of a few remot ....
Second the committee is discussing conducting this hearing in compliance with house regulations. It is being broadcast live on the committees website. Because of the threat posed by the pandemic remains ongoing, we are meeting remotely to ensure the safety of our witnesses, members, staff and public. While we wish we could return to all standard in person events, health and safety protocols dictate we find alternate means of carrying out obligations. Ok so, let me remind members of a few remote hearing procedures. First consistent with the regulations the committee will keep microphones muted to limit background noise. Members are responsible for on using themselves when they seek recognition or been recognized for their 5 minutes. Because there are sometimes delays, i would ask members and tonesses to allow some time ensure the last speaker has finished. Members and witnesses must have their cameras on at all times. If you need to step away, leave your camera on. If you encounter tech ....