Representative be waived onto their Committee Without objection so ordered. Welcome to our hearing on recent developments and i now recognize myself for an Opening Statement and then the Ranking Member. Does the chairwoman wish to have an Opening Statement . I will recognize her with your permission our colleague will also have an Opening Statement. The Postal Service is the crown jewel of the federal i government serving every household every day 630,000 brave individuals at every district and according to pew research 91 percent of americans have a favorable view of the Postal Service. Leaps and bounds above that of any other federal entity. During the coronavirus pandemic the Postal Service value is greater than ever as a formal component and serving as a linchpin nations responsee pandemic. Found 2020 harris poll that the Postal Service ranked as the most Important Company to americans during the pandemic because it is a constant in our lives. That ings companies it outranks compan
Nominating a Supreme Court do their life. It is been an eventful life, you are really good at everything youve chosen to do from being a law professor and a law clerk to being a judge at the circuit level. I think you are well prepared. And i think the American People are going to see over the coming days someone who is very capable of understanding the difference between personal beliefs, whatever they may have. All have personal beliefs and then of being a judge. I think america is lucky to have you. Thank you chairman. Reporter should she recused herself from anything involving the election . Think that is where the most absurd ideas ive ever heard. There is no goal no legal disqualification. She does not have a legal conflict. She doesnt decide the election she gets about like everybody else. But know that is a ridiculous idea. She cant hear election claims because she was nominated in an election year. Reporter is to realize your role in this is affecting the recall your reelectio
Strong gains and this morning you will see that there are green arrows once again, the dow indicated up by about 88, s p by about 9 1 2 and the nasdaq indicated up by 48 points if you watched what happened in the treasury markets, we did get a lot of fed speak and it sounds like there is a little bit of confusion. You can see the ten year note has ticked up a little bit, 0. 769 is the latest yield andrew and lets take a quick look at the dow transports, gaining another 2. 5 yesterday, also hitting a record high, the two as to beings to watch this morning, eli lilly and he regeneron both big winners on Covid Treatment hopes. And President Trump touting both of those in a video that he released over twitter late yesterday. Well tuck a lalk more about th. But also take a look at shares of tesla, new Street Research upgrading that Company Stock to a buy saying that to sees a decade of hyper growth ahead, this call makes the firm the second highest priced target on the street so in lead wit
Shocking news, an outspoken founder leaving the company. And beta bearing down on the gulf coast as they brace for another storm. This is Worldwide Exchange right here on cnbc good morning, good afternoon and good evening thank you for joining us to start your week and lets get a check on your monday money and its looking like the sell off we have seen recently. Its early but stock futures are down 500 on the dow. Nearly 200 on the nasdaq theres a ton of news out there today. Well get to all of it in a moment but theres two big and important things happening that you have to Pay Attention to right now. Number one, the s p 500 has fallen three weeks in a rowand it just flows below its 50 Day Moving Average for the First Time Since april two, the biggest stocks are beginning to underperform. Some of them meaningfully. Take a look at these the s p 500 dropped 5 this month. But the biggest tech names, names that you know, theyre down 11, 12, 13 apple, down 19 in the month of september. Rem
Ahead this hour. The russian opposition figure alexian of oil in the groans in agony on board a flight after an apparent poisoning hes now critically ill in hospital. Also ahead india recording almost 70000 coronavirus cases in one day but the study is suggesting millions more may have been infected without knowing it. Meant for its internal ends coach says the team is ready to begin a new era of 6 sas enter aiming to win their 1st trophy in almost a decade in the Europa League final agony said the. There we are here we go federal prosecutors in the United States of a rest and charged a former senior white house strategist steve bannon he was one of president Donald Trumps most influential advisors during the 2016 Election Campaign the Justice Department is accusing him of conspiracy to commit wire fraud it has to do with a Fund Raising Campaign to support the building of mr trumps wall along the border between the United States and mexico in a moment well speak to our. White house cor