Hearing will come to order. I welcome everybody to this hybrid hearing. Both Ranking Member mister heiss and myself have wanted to have hearings resume in person. Especially when we are in session i made a promise to mister heiss that i would fight for that and today is the fruit of that effort i believe when we were in session, to the extent possible, protecting everybodys health and safety, we can and should be meeting like this. At least in hybrid form those members who are not comfortable or who physically cannot join us in the hearing room are more than welcome to join us through the web. We are happy to have them. We ask everybody, when they are not speaking, to wear a mask that is the guidance and the capitol hill position. That is the guidance of the chairwoman of this committee. It protects everybody i really appreciate that cooperation. Let me see. For members appearing remotely, just a few reminders before i get my Opening Statement. House rules require that we see you so pl
Do we ask everyone to turn on their cameras . Were getting ready to get started. The hearing will come to order. I welcome everybody to this hybrid hearing. Both ranks member mr. Hysse and myself have wanted to have hearings resume in person especially when we are in session. I made a promise that i would fight for that, and today is the fruit of that effort. I believe when were in session protecting everybody, those who are not comfortable or physically cannot join us in the hearings room, are more than welcome to join us through web i no noor. We ask everybody when they were not speaking, to wear a mask. I really appreciate that cooperation of for members appears remotely. House rules require that we see you, so police have your cameras turned on at all times during the course of the hearing. If they can let us you can use the chat function to send a request. And if that doesnt work, you can unmute and seek recognition. These arent ideal circumstances, but we are in the midst of a pa
The twostens spread is up 31 basis today. Been a while since weve been that wide on the spread. A far cry from the negative numbers we saw earlier in the year. A little bit of weakness today for the british pound. We are waiting for Boris Johnson to speak to lawmakers in parliament. Has gotten several upgrades. There are still some analysts cautious about the fundamentals, but generally, that type of a gooddata is seen as outlook. In europe, we are seeing a mixed bag with carmakers again, kind of in trouble today. They are dragging down the dax. We also have a couple of french carmakers lower after the deal with fiat yesterday. We will get into Boris Johnsons plans in a few minutes. The stoxx europe is all told, flat. At 22 basisield points right now. That is the most positive we have seen it in negative territory for quite some months. Later this hour, we will be watching Prime Minister Boris Johnson speaking in parliament after laying out his legislative priorities earlier, with a fo
Spending and what alaska can provide to the nation as an example. Elected as governor in 2018 keys had a varied career since his arrival there in 1983 from working in a logging camp in Southeast Alaska to pursuing his dream and an Education Career as a teacher. He has a unique insight into alaskas communities due to his two decades of service to. He also served for five years and knows alaska literally from coast to coast and that provides only a not only a unique perspective but also what we can learn from alaskas example. As all of us at the Heritage Foundation no americas Founding Fathers envisioned a Strong Division of power between federathefederal and state levef government what we call federalism. The constitution created a limited federal government and with mucleft much of the power e states and to the people of the United States. But of course what exists today is that we have created a highly centralized federal government and the states are relinquishing much of their power
It is a pleasure to have you here. Its a pleasure to welcome the governor of alaska and he will be speaking on the budget spending and what alaska can provide to the nation as an example. Elected as governor in 2018 keys had a varied career since his arrival there in 1983 from working in a logging camp in Southeast Alaska to pursuing his dream and an Education Career as a teacher. He has a unique insight into alaskas communities due to his two decades of service to. He also served for five years and knows alaska literally from coast to coast and that provides only a not only a unique perspective but also what we can learn from alaskas example. As all of us at the Heritage Foundation no americas Founding Fathers envisioned a Strong Division of power between federathefederal and state levef government what we call federalism. The constitution created a limited federal government and with mucleft much of the power e states and to the people of the United States. But of course what exists