The commit three come to order. F without objection, the chair is authorized to declare recess of the committee at any time. As a reminder to all member, we have a hardo stop at 1 30 p. M. Members who are iounable to ask their questions at Todays Hearing will be given priority at the next hearing with the secretary. Pursuant to house rules, the committee will continue to provide accommodations for members who request to participate in hearings be virtually, but i am very happy to have the vast majority of the members and our witness participating in personn here today. As a reminder, those who are not fully vaccinated must continue to wear Ara Mask in the Hearing Roomer and practice social distancing, but i would also like to encourage our members to continue wearing o masks if the Feel Morera comfortable doing s so members, we have a little bit of the problem with the timing apparatus here this morning. We canan see the timing here wh your five minutes are up. The witness can see her
[inaudible conversations] [inaudible conversations] the committee will come to order. Without objection, the chairs declared a recess of the committee at any time. As a reminder to all members, have a stop at 1 30 p. M. Members able to ask questions at Todays Hearing will be given priority in our next hearing with the secretary. PursuanT To house rules, the committee will continue to provide accommodations for the members who requesT To participate in hearings virtually but i am happy to have the vast majority of our members and when is participating in person here today. As a reminder, those not fully vaccinated continue to wear a mask in the Hearing Room and practice social distancing but i would also like to encourage our members to continue wearing masks if they feel more comfortable doing so. Members, we have a little bit of a problem with our timing apparatus this morning. We can see the timing here when youre five minutes are up. Our witness can for five minutes and of course it
How a brItIsh surgeon who travelled to aleppo to treat vIctIms of the SyrIan CIvIl War nIne years ago InspIred a syrIan boy To Become a doctor. We have a specIal report. Also comIng up thIs hour. WIth three months untIl the un clImate Change Conference In glasgow, the World WIldlIfe Fund joIns forces wIth leadIng InternatIonal artIsts to InspIre global actIon. Hello from tokyo. Its beIng reported that a belarusIan sprInter who sought protectIon, after she claImed she was ordered to return home from the olympIc games, has applIed for asylum In the PolIsh Embassy there. Yesterday KrystIna TsImanouskaya saId she feared for her safety If she was sent back To Belarus, as a penalty for crItIcIsIng her coaches on SocIal MedIa. What you are seeIng here Is the latest pIctures of her leavIng a sIlver van, latest pIctures of her leavIng a sIlvervan, enterIng latest pIctures of her leavIng a sIlver van, enterIng the PolIsh Embassy. She was greeted by two offIcIals before she went In. The offIcIals
Investors use the Robinhood Trading App to invest heavily in the Video Game Store gamestop. This hearing is entitled game stopped, who wins and loses when short sellers, social media and retail investorS Collide, part 3. I now recognize myself for four minutes to give an opening statement. Today, thiS Committee convenes in part three of our series of hearings focused on Market Volatility related to gamestop and other stops. In our first hearing on those events, we received testimony from the ceos of Trading App robinhood, Wall Street Firm Citadel And Melvin capital and social Media Company Reddit as well as a trader involved in the Wall Street bets sub reddit. Those involved in the short Squeeze And Volatility and we got the facts. In our second hearing we received testimony from a number of Capital Market experts and investor advocates to hear their views and begin to assess possible legislative and regulatory steps that may be necessary. We examined con flits of interest in the marke
Chairman. Lets start with the court cutting issue. Up to 55 million people by next year will have cut their cable cord. Are we in a postcable world at this point . Michael i have heard that question a million times over the last 15 years. I think that the story of Cables Demise Cables Demise is overstated. Most companies will tell you that they continue to exist have a invest heavily in linear products. Consumers continue to subscribe at meaningful levels. Even if there is a shift to broadband platforms, those are platforms that Cable Companies equally benefit from. I think it is an interesting conversation. I do not think it has a significant negative bearing on the overall evolution of the industry. When you look at the number of subscribers for internet services from the traditional Cable Companies as opposed to video providers, what does that due to to your Business Model . I think that the Broadband Component of the businesses really well structured. It has really healthy margins.