Of the giants has ended in the war of the pygmies is starting. This weekend on American History tv on cspan 3. The new House Democratic majority is looking into revising the fcc Net Neutrality decision of 2017. It changed how Internet Service providers control information flows across the internet. Two former sec chairs testified before a house energy and an Commerce Committee along with telcom representatives. This hearing is about three hours 20 minutes. Good morning. I think all members have taken their seats. I know we are getting used to where we set right now because we have done a little switching, but i want to call the subcommittee on communications and allergy to order. Before we get started, i want to congratulate congressman bob latta, i look forward to working with you in this congress to address our shared interest and i would also like to introduce the new members of the committee on the majority side and welcome them to the subcommittee. They are congressman mark we see
Tom ohalloran of arizona and we also have some new friends and returning favorites who have also joined the subcommittee, including congresswoman Diana Degette who is holding a hearing downstairs and probably will not make it appear today. Henry lohan of new mexico, Kurt Schrader of oregon and tony of california, i look forward to working with all of you. Thank you very much, i want to congratulate you on assuming the gavel and i really look forward to working with you. As we all know, this is the greatest committee in congress and this is a great subcommittee to be on so i look forward to working with you and we all know that the partnership that this committee has exhibited through the years is exemplary. I would like to introduce two new members to our subcommittee, first is congressman tim walberg from michigan, tim joined the Committee Last congress, but this is his first term being on the subcommittee, so we look forward to working with you and you know theres always great cooper
Commerce subcommittee. Good morning. I think all members have taken their seats. I know were getting used to where we sit right now, because we have done a little switching. I want to call the subcommittee on communications and technology to order. Before we get started, i want to congratulate congressman bob latta on taking over the Ranking Member. Bob, i look forward to working with you in this congress to address our shared interests. I would also like to introduce the new members of the committee on the majority side and welcome them to the subcommittee. They are congressman mark vici of texas, congressman donald makekan, darryn soto and tom ohalaran. We have new friends and returning favorites, including congresswoman diana dagette who is holding a hearing downstairs and probably will not make it here today. Denra luhan, i look forward to work you with. Bob, i yield to you. If you want to introduce your new members. Thank you very much. I want to congratulate you on assuming the g
. Slamic state in days h. R. 1, cleaning up corruption and restoring integrity in government. Yesterday. The second hearing was held on h. R. 1. Which will reduce the role of big dark money so the peoples interests, not the special interest, will have a stronger voice. In addition, we had two hearings, really, the first in health years on climate change. One in the committee of energy and commerce. First time they had a hearing in eight years, Natural Resources as well. Now that the democrats are in the majority. Was pleased yesterday to appoint the select committee on climate. Before i go to that i was very disappointed in the state of the Union Address there was no mention violence in our country caused by the proliferation of guns. We have h. R. 8 which we will be bringing to the floor. We had our hearing this week on that legislation. It will be marked up and it will be sent to the floor, hopefully this month. Yesterday, as i mentioned, i appointed the select committee on climate.
Too good to be true . Power lunch starts right now good afternoon, everybody. Welcome to power lunch glad you could join us on a snowy thursday here in the new york area. Stocks losing steam. The dow was up more than 2 0 0 points earlier weve heard this story before. Now it is up just 14 or so the s p dipping into and out of correction territory now down about a fifth of a percent. The nasdaq at the risk of losing the longest winning streak since late august. Down 41 points utilities moving up by about a full percent social stocks on the move. Snap shares falling to a new al time low you see them down about 1 twitter all over the map today higher at one point. Best year ever with that stat not holding up, stock not holding up now shares getting clipped and in the red right now by 2 and a third. Starting strong on hopeful trade headlines and moving ground bob has more from the New York Stock Exchange narrower trading range than were used to. Utility staples leading. Banks down 1. 5 . Se