Subcommittee on oversight. Were holding this hybrid hearing in compliance with House Resolution 965. Accordingly, im joined by members here in the hearing room as well as approximately ten members on the remote platform. Thats outstanding and i want to thank them for joining us. Before we turn to todays important topic, i want to remind the members of a few procedures to help us navigate the terrain here. First, consistent with regulations, the committee will keep microphones muted for those participating virtually to limit background noise. Pause for one moment. The committee will pause. We will pause for one moment. Members are responsible for unmuting themselves, unmuting themselves when they seek recognition or when recognized for their five minutes. Members in the hearing room are reminded to keep your microphones muted when youre not recognized. Second, for the members participating virtually, you must have your cameras on at all time. If you need to step away from the proceeding
Has been the blame russia narrative im sure youre very familiar with that and then there was the blame mexico narrative and who could ever forget Freedom Fries when we decided as a nation that it was time to blame france so now our media and our government leaders want to shift our attention away from whats going on right here in the United States and focus instead on what happened in a lab in china last year which may be a legitimate side of the story and certainly worthy of coverage but shouldnt whats going on right here right now to all of us affecting our families be more important just a question theres 2 ways to look at this right and i want to break it down for you numerically and visually 1st the numbers there are right now 234000 people in the world who have died from the coronavirus of those 63000 are americans. That means the United States which accounts for less than 5 percent of the worlds population. 5 percent of the worlds population is responsible for more than 25 perce
Ahead of their retirements in the senate. Are you saying the president is a liar . And in the house. Was the president a factor in your decision to leave . What senator jeff flake and congressman charlie dent are saying about the future of the Republican Party and of the country. And as trumps first year in office comes to a close from this day forward, its going to be only america first. We have come to expect the unexpected. Hey, im president. Can you believe it . From this unprecedented president. We want to start winning again. Our powerhouse roundtable take on the year in politics. Whats fact . Whats fiction . What matters . This week. Good morning. And merry christmas. This week, the president s biggest legislative win yet. But behind all the backslapping and selfcongratulations, its an anxious time for republicans and to the white house. Several yearend polls show the president s Approval Rating at or near his alltime low. And historically low for a firstyear president. This, as
And past president of the club. The club was started in 1968 and has met roughly 40 weeks out of every year since, presenting leading economists, talking about issues of the day. Today were pleased to have mark gold wine to talk about the return of a trillion dollar deficits. Before i introduce mark, let me tell you about some upcoming programs. We have dr. Alice rivlen on february 1st at a luncheon right here talking about fed policy, maybe a little bit about the budget we have commitments to speak in february, although the dates havent been set. Mark goldwine is one of the sharpest young budget economist deficit hawks at 33 years old, hes had a lot of experience in the budget arena. He worked on the Simpson Bowles commission in 2010. Hes got a ba and ms in economics from Johns Hopkins and he also teaches there. And at the university of california, d. C. Finally, mark is a new father, so this topic is very appropriate in the hopes that his kid and our kids dont pay more than they have
Worldwide exchange here on a monday on cnbc im sara eisen. Im wilfred frost lets go to the markets and show you how the markets are shaping up especially the nasdaq. That was a standout. Up a full percent after the dow and the s p also closed higher futures are under a slight bit of pressure. S p down 3, nasdaq down 3 as well as for the 10year treasury note yield we come off a week with a pretty solid jobs report though wages werent moving higher enough and an announcement of a new fed chairman and the tenyear yield still low. The tenyear yield went down. It ended from 2. 43 to 2. 33. Better data on the u. S. Economy. Thats why financials were the worst performing sector. Tech was the best. Lets have a look at markets around the world asian markets this morning are a little bit mixed performance as you can see hong kong slightly lower. Shanghai and japan doing well. European trade for you, another great week for the dax both france and germany ended at record closes on friday. Germany