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Transcripts For CNBC Worldwide Exchange 20240713

Reopening. What is it like to go out to dinner well let you know. A buffett solomon breakup. Well focus on another berkshire breakup making waves ahead of the open. Tsa temperature checks and massive lines out of the industryway . Some of the ideas being floated with more than a dozen out there to get the American Economy and airports going again it is monday, may 18th and youre watching Worldwide Exchange right here on cnbc good monday morning, good afternoon or good evening and welcome from wherever in the world you may be watching us thank you for starting off your monday on cnbc im Brian Sullivan we have a fair amount of green on the screen and a little optimism to start your week. We can all use some of that. Certainly we can and the markets are reflecting it. Many countries are starting to reopen and there are some positive virus trends. Fewer cases and, more importantly, a slowdown in fatalities, at least around the world. Dow futures are up about 300 points right now perhaps th

Transcripts For CSPAN3 Hearing 20240704

Panic and chaos. [background noises] exit selectivity it will come to order. This is a short hearing weve never had this combination of witnesses. A collection of expertise to help us make sense of what the chinese, and his partys doing in cyberspace and i can better defend ourselves. Our hats off we spent a lot of time on this committee debating or thinking about the question of whether xi jinping will make a move militarily against taiwan. And what would be a timeline for such a move . Obviously this is a nun on noble question people continue to debate it. In some meaningful sense i wonder if such an invasion or a preparation which would be incredibly costly if the Ranking Member very eloquently pointed out yesterday has already begun. The intelligence preparation of the battle space has already begun. Put differently for over 20 years they have been attacking us the government, defense Contractors Technology firms in cyberspace that is a fact. For a long time the attacks rubbing a v

Transcripts For CSPAN3 Hearing 20240704

Exit selectivity it will come to order. This is a short hearing weve never had this combination of witnesses. A collection of expertise to help us make sense of what the chinese, and his partys doing in cyberspace and i can better defend ourselves. Our hats off we spent a lot of time on this committee debating or thinking about the question of whether xi jinping will make a move militarily against taiwan. And what would be a timeline for such a move . Obviously this is a nun on noble question people continue to debate it. In some meaningful sense i wonder if such an invasion or a preparation which would be incredibly costly if the Ranking Member very eloquently pointed out yesterday has already begun. The intelligence preparation of the battle space has already begun. Put differently for over 20 years they have been attacking us the government, defense Contractors Technology firms in cyberspace that is a fact. For a long time the attacks rubbing a valuable technology that was then used

Transcripts For CSPAN3 Hearing 20240704

Ethis committee will come t order. To help us understand what china is doing. We spend a lot of time on this committee debating whether xi jinping will make a move. This is a question that people continue to debate. I wonder if such an invasion or the preparation for such an invasion which would be incredibly costly as the Ranking Member very eloquently brought up yesterday has already begun. Put differently, the ccb has been attacking us. Government, our defense contractors, our Development Firms in cyber. And they had been robbing us on tech. And they used that to their military modernization. And they have been gathering information on people and companies. Our military records have been compromised. Mine is framed in my office, in my basement. According to the fbi, chinas vast Hacking Program is the Worlds Largest and theyve stolen more americans personal and business data than any other nation combined. But that wasnt enough for the ccv. In the past few years, our intelligence and

Transcripts For CSPAN3 Hearing 20240704

Exit selectivity it will come to order. This is a short hearing weve never had this combination of the select committee will come to order. This is a historic hearing, we have never had this combination of witnesses, a fantastic collection of expertise to help us make sense of the Chinese Communist party is doing in cyberspace and how we can better defend ourselves. I thought this morning we spend a lot of time on the committee debating or thinking about the question of whether china will make a move militarily against taiwan and what would be the timeline of such a move. Obviously this is a unknowable question and people continue to debate it, but in some meaningful sense i wonder if such invasion or the preparation for such invasion which would be incredibly costly as the Ranking Member eloquently pointed out yesterday has already begun. If the intelligence operation of the battle space has begun for over 20 years the ccp has been attacking government, defense contractors, technology

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