[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] supporting others. It goes a long way, reducing the debt. [inaudible conversations] can you hear me . [inaudible conversations] good morning, you are with us today. Good morning. Will a [inaudible conversations] will subcommittee will come to order. Welcome to todays hybrid hearing. Most numbers will appear remotely by webex. I may be the only member appearing at present though all three witnesses are appearing in person and appreciate that. Since many members are appearing, let me remind by pursuant to the latest guidance, all individuals attending in person must wear a face mask. I am wearing mine except to make this statement. Members not wearing a facemask will not be recognized was let me make a few reminders to those appearing in person, actually they are not. A timer is visible directly in front of you. All members appearing remotely, youre familiar w
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] the subcommittee will come to order. Welcome, everybody to these hybrid hearing. Pursuant to hells rules, most members will appear remotely. I may be the only member appearing in person. Although all three of the witnesses are here in person. We appreciate that. Since many members are appearing by webinar and let me remind everyone pursuant to the guidance all individuals attending in person must wear a face mask. Im wearing mine except to make the statement. Members not wearing a mask will not n be recognized and thank yu for reminding us for those appearing in person, actually they a are not. A timer is visible in the room directly in front of you and for those appearing remotely i know you are familiar by now but let me remind everyone of a few points. First you will be able to see each person speaking w
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] this subcommittee will come to order. Welcome everybody to todays hybrid hearing. Pursuant to house rules members will appear remotely via webex. A fact i may be the only member appearing in person, although all three of her witnesses are here in person. We appreciate that. Since many members are appearing by webinar let me remind everyone that pursuant to the latest guidance come all individuals attending in person must wear a face mask. And i am wearing mine except to make this statement. Members who are not wearing a face mask will not be recognized. Let me also make a few reminders to those members appearing in person. Well, actually they are not. I time is visible in the room directly in front of you. For all members appearin
Wednesday and this morning, dow indicated down about 170 right now. S p down 21 and nasdaq down by 58 just 4. 5 from its alltime high more about what it has been doing well the nasdaq 4, 6 or whatever you dont call it the nasdaq 100. It is concentrated i heard Brian Sullivan saying early that of the nasdaq 100, that 35 of those companies are trading 10 higher or more for year to date not the full year but year to date what weve seen this year broadening out a little bit there is the big chetech and the big tech that seems to be well suited for what we are all doing. Not a total surprise oil hasnt hurt either remember, it was the may contract when it expired at the end of may something theyve never seen us before wti back up to 34. 07. That tells you what people are anticipating it has rallied 70 and only at 34. Right tells you a little about what is happening here also take a look at treasury yields we are around 21 for the 10year. 10year at 0. 664 . Andrew thank you, becky lets bring
Many of you saw the news early many of you saw the news early on monday when the new York Police Department decided to fire the Police Officer involved in the death of eric gardner. This is what the police had to say on monday about that decision. [video clip] being a police is one of the hardest jobs in the world. That is not a statement to. Licit sympathy, it is a fact cops have to make choices, sometimes quickly every single day. Some are splitsecond, life or death choices. Oftentimes they are choices that will be thoroughly and repeatedly examined by those with much more time to think about them than the Police Officer had and those decisions are scrutinized and secondguessed both fairly and unfairly. The officer went to bed thinking he would make choices and take actions during a routine arrest that would lead to another persons death. An officers choices and actions even made under extreme pressure matter. It is unlikely mr. Gardner thought he was in such poor health that a brief