Good morning, this hearing is called to order. The title of this hearing is congressional oversight in the face of executive branch and media suppression, and in particular case study of the crossfire hurricane, corrupt investigation. Ill add that. The hearing is actually quite a bit broader than that. But well certainly focus on that. I became chairman of this committee in january of 2015 and will complete my sixyear term at the end of this month. We can all be proud of the more than 100 piece of legislation we worked on together as a committee that became law. The other than more than 200 bills we passed out of committee, although not signed into law, can still serve as the basis for future legislation. Our committee and subcommittees also have broad oversight jurisdiction, and responsibilities that we have not ignored. We investigated and exposed problems within the Va Health Care system, human trafficking, National Security leaks, and systemic violations of the hatch act within the
Classes. Pricee the new york crude under pressure. We have this key meeting taking place of opec plus today and tomorrow. The gold price at the moment is showing weakness. Buy yourself finance. Bitcoin is erasing some of the 9 . Es by going up nearly lets look at the other first word news headlines. Lets join karina mitchell. Karina bloomberg has learned readingna the latest on chinas economy shows recovery is getting momentum. Manufacturing and services, pmi data both beat estimations. In aty performance came 52. 1. The economy is gaining strength despite sporadic epics of covid19. Bloomberg has learned chinese regulatory officials have said that the chances of jack mas stockoup revising its are looking slim. They are still reviewing changes needed to appease regulators. An additional delay would be a setback for ma. Has big dollars the fight to overturn his election will not reach the supreme court. He told fox it is hard to send a case there and he probably wont succeed. He rehashed
The strongest week since back to april. However, you have to put that in context. Two weeks ago was a lousy week in fact, two weeks ago the dow lost just over 1800 points, down by 1833 points last week the dow was up by 1821 points so that was a giveback for the dow kind of starting things over if you look at the other major averages, they got back much more ground than they had lost the previous week. Last week the s p was up 329 points after being down 195 the week before and the nasdaq was up by 983 points last week after losing 636 points the week before but again these gains this morning are significant ones they are adding to what we saw last week. Also, take a look at whats happening in the treasury market youll see that right now the treasury, the tenyear, is yielding 0. 812 so its stabilized after bouncing around quite a bit during the election and the election counting last week stabilized at 0. 812 andrew thanks, becky our top story this morning, president elect biden wastin
Less than three weeks to go before the election Many Americans are eager to learn about the candidates so it is imperative are information channels are open and americans can access stories by the press and from their own social circles. We believe in this power of information so much their special Liability Protections and platforms such as Technology Companies like facebook and twitter and google it is called section 230 and i believed in the principles outlined in the law but it is clear section 230 in its current form is no longer working. Just last week, Justice Thomas said the courts had sweeping new protections in 230 that Congress Never put into statute it is time to scrap the law and start over yesterday the near post one of the largest newspapers in the country published a piece on hunter biden and his work on the board of the Ukrainian Energy company which of what she had no qualifications for it is an important story most americans would be appalled by the Vice President so
Mccarthy talks about protections for social Media Companies and legislation. His remarks after facebook and twitter blocked users from sharing a New York Post story related to hunter biden. [inaudible] youre all out working . Well, thanks for coming. With less than three weeks to go until the election, Many Americans are eager to learn about the candidates, so its imperative that our information channels are open and americans can access stories by the press and from their own social circles. Congress believed in this power of information so much they created special Liability Protection for information platforms such as Technology Companies like facebook, twitter, and google, it is called section 230. And i had believed in the principles outlined in the law, but its clear that section 230 in its current form is no longer working. Just last week Justice Clarence thomas said the courts have read sweeping new protections in 230 that Congress Never put into statute. It is time to scrap th