Despite strong sales during the shutdown, especially from walmart. And times of trouble in the Housing Market u. S. Home building dropped by the most ever in april a lot of talk of a bottom has those housing stocks up as well today. Absolutely. But as you said, the Broader Markets near the session lows. Coming up on todays who, well speak with Eric Rosengren on the back of that congressional testimony from chair powell and secretary mnuchin. Well get his read on the economy and whether weve reached a trough in the data plus, well speak exclusively with jim fiterling as the Company Releases a return to work playbook but lets focus in on the big stories were watch ing today. Mike is tracking the Market Action courtney has highlights from retail earnings. Mike, you and the market just selling you have a bit, but of course only lightly following yesterdays big rally. Actually today is i think the narrowest range intraday for the s p 500 in three months and by the way, three months to the d
[inaudible conversations] [inaudible conversations] the committee will come to order. Thank you all for being here. I would like to thank Ranking Member whitehouse, my friend and collaborator. Its great to be here at doing this together. I was just saying to him, i told him i would tell you it would bt nice to them in his edges because hes a top question. He will take you to test. I would like to thank the witnesses for their attendance today. I would also like to highlight two empty chairs today, which i say for saved for two and find witnesses who apparently dont show your commitment to discuss these issues. One chair is for tik tok. If you dont know what tik tok is, you should. Its a chinese owned social media platform so popular among teenagers that Mark Zuckerberg is reportedly spooked. For facebook, that fear is lost social media market share. For the rest of us, the fear is somewhat different. A company compromised byif the Chinese Communist party knows where your childrenws are
And thank you for transcribing all that were doing. And thank you to cspan for covering us. Without objection, all members will have five legislative days within which to submit additional written questions. Just a few moments left in this testimony. Well go live now to capitol hill for a Senate Subcommittee hearing on data breaches and cybersecurity. Among the witnesses is the Vice President for microsoft. This is live coverage on cspan3. For two invited witnesses who apparently dont share your commitment to discussing this issues. One is for tiktok. If you dont know what tiktok is, you should. Its a chineseowned social media platform so popular among teens that Mark Zuckerberg is reportedly spooked. For facebook, the fear is lost social media market share. For the rest of us, the fear is somewhat different. A company compromised by the Chinese Communist party knows where your children are, knows what they look like, what their voices sound like, what theyre watching, and what they sh
Reaction to the Government Shutdown. Democrats 202 7488000. Republicans 202 7488001. Independents 202 7488002. Democrats 202 7488000. Worker we a federal want to hear from you as well at 202 7488003. Worker we want to hear from you as wellses on facebook. Thank you for being with us on what is likely to be a busy day determining whether or not the house and senate resolve differences or the Government Shutdown moves into the work week. Of the the front page Washington Post. Besides cast bitter blame over the shutdown impact impasse. The country is sick of shutdown games. From one budget crisis to another is getting tiresome. Americans barely flinch anymore at the dire warnings of what might happen to them should the federal behemoth run out of cash. It was not supposed to work this way writes the detroit news. Decisions about how to spend taxpayer dollars should not be made in a panic as the clock ticks down to a to Government Shutdown. The process of debating and putting in place of f
Senator mark warner from virginia. From 200222006 senator warner served as governor of the great state of virginia and when he left Office Estate was right that the best day for business the best managed state in the best state in which to receive a public education. In the senate he has distinguished himself as a leader works with colleagues from both parties on behalf of the state and every one in our country. He serves on the finance banking budget and rules committee and is vice chairman of the select committee on intelligence. Senator warner is with us today. He has been a great leader for our country and please help me welcome him to speak to us as well. Senator warner. [applause] thank you mitch, thank you for that introduction and thank you for the great work you are doing in new orleans. Thank you for your familys longterm contribution. I started in politics indirectly working for moon landrieu. Its a real honor to be here with you and let me also give a shoutout to the remain