Feel its impacts for some time to come. The energy and Commerce Committee has been conducting oversight of the trauma administrations response to this crisis in this subcommittee is charged with overseeing the ftcs response is the primary federal agency tasked with overseeing our nations telecommute occasions infrastructure and charged with administrating the universal Service Program at no point has Broadband Service in the work done by the fcc but more important to americans as it is right now. For many of us highspeed broadband has become the means by which we work, live and stay healthy. In the last seven months the internet has become the lifeline we use to buy groceries, see doctors and interact with the outside world. Zoom has become a verb and americans all over the country are connecting over video chat for virtual worship, family reunions and so much more. In so many ways broadband has become the glue holding our society together as our nation and the world weathers this stor
Oversight of the trauma administrations response to this crisis in this subcommittee is charged with overseeing the ftcs response is the primary federal agency tasked with overseeing our nations telecommute occasions infrastructure and charged with administrating the universal Service Program at no point has Broadband Service in the work done by the fcc but more important to americans as it is right now. For many of us highspeed broadband has become the means by which we work, live and stay healthy. In the last seven months the internet has become the lifeline we use to buy groceries, see doctors and interact with the outside world. Zoom has become a verb and americans all over the country are connecting over video chat for virtual worship, family reunions and so much more. In so many ways broadband has become the glue holding our society together as our nation and the world weathers this storm. But the Digital Divide is growing has more americans struggle to pay their bills and stay c
Good morning, this hear is cool called to order. I want to welcome all the witnesses and thank you for your thoughtful, written testimony and looking forward to your oral tangherlini. Id ask my written Opening Statement be entered into the record. I want to make a couple comments. About really kind of what i want to see the goal of this hearing to be. Its similar to the the goal of every hearing is a base account problem solving process. This committee under my chairmanship developed a a Mission Statement to enhance the National Security of america to promote more effective and accountable government. The reason im pointing it out today is i cant think of a hearing that that Mission Statement is more applicable to. When we Start Talking about 5g were talking about the Economic Opportunity and the National Security risks. In order to take advantage of that and avoid the National Security risks. We need more effective government to step up to the plate to compete against what unfortunate
Earnings, mega deal and ipo a great cocktail for the rally its 5 00 somewhere, right double digits up more than 290 points at its high got the s p 500 up by 0. 6 and disney is the biggest stock on the high and then a ton of names added today. Starbucks, visa, hilton among them. Lets get straight to bob pisani at the New York Stock Exchange with whats driving the trading action this hour bob . Reporter hello, cancel like. Perfect day for the bulls. Strong china data, solid beef from j. P. Morgan and then the state of the economy, playing perfectly into the bulls scenario that china is bottoming, the u. S. Is strong and earnings have been cut too much but the analysts and going to be stronger than expected second, we are less than 1 from a new high on the s p 500 but were also less than 2 from a new high on the nasdaq but still 9 from a new high on the small cap russell 2000 despite the good news, you know the volume in volatility has dropped dramatically in the last couple of weeks . Ce
Big announcement about 5g service is. It will happen any moment. Well take you are live. We have that and so much more on making money. Charles stocks higher on slew of positive earnings and corporate news. Big banks coming back with a bang, Jpmorgan Chase up more than 4 . The Company Posted record First Quarter results benefiting from higher interest rates. Strong trade figures from china also helping the market push aside fears of a global slow down. This big corporate moves, right . Blockbuster takeover, strongerthanexpected earnings, strongerthanexpected economy, positive trade talks. Exciting rush of new offerings. Should the bears go into per hibernation. Rob luna, lindsey piegza, author of the common sense bull, didede ghabour. I do think some of the data has been a little more optimistic than expected. That is continuing to support the notion that the economy is not falling off a cliff and that the Global Economy may be able to stave off some of the more dire estimates of globa