Work and how the federal government could reduce office workspace. Months,st the past six the pandemic has completely upended our everyday way of life. One of the most stark and significant has been devastating during this crisis. Reducing expenses is increasingly important for individuals and businesses as the country struggles with the unexpected costs of the coronavirus pandemic. Such cost savings are likely to persist after the pandemic. Nearly one in five private sector chief Financial Officers plans to keep 20 of their workforce working remotely after the covid19 pandemic ends in order to cut costs. I believe the federal government should also be looking for opportunities to save taxpayer money wherever and whenever possible. In recent years, private reduced their real estate footprint to save money. Theyve been able to do this because modern Telecommunications Technologies have enabled them to adopt remote work options and other Flexible Work strategies. 2016, del technologies h
The covid19 pandemic has completely upended our everyday way of life. One of the most stark and significant transitions as an to the way all of us work. Way to get to find a our jobs done and keep our economy going. The financial hit too small and larger businesses has been devastating during this crisis. Reducing expenses is increasingly important for individuals and businesses as the country struggles with the unexpected costs of the coronavirus pandemic. Such cost savings are likely to persist after the pandemic. Nearly one in five private sector chief Financial Officers plans to keep at least 20 of their workforce working remotely after the covid19 pandemic ends in order to cut costs. I believe the federal government should also be looking for opportunities to save taxpayer money wherever and whenever possible. The private sector is leading the way in recent years, private in reducing prices. In recent years, private companies have reduced their real estate footprint to save money.
Dow hit its alltime high of 29,568, just 16 trading days later its down 3,400 points. Keep a little perspective here. Yeah, thats a big and rapid drop, but were not at this point in a bear market. We are going to open down 700 for the dow, 80 odd for the s p, 270 for the nasdaq. Its a friday. Remember that. Its important. There will be some reluctance to hold stocks over the weekend because you simply dont know what virus headlines will greet you come monday morning. Now, heres some positive news on the economy, which is having no effect on the market. 273,000 new jobs added last month. A blockbuster report. But that report looks backward. The stock market looks forward. Larry kudlow will be addressing this coming up on the show today. And we expect to hear from President Trump shortly. Last night at his town hall on fox, he had a calm demeanor and on the virus he said we have plans for every single possibility. The campaign trail. Elizabeth warren has not yet thrown her support behind
This is a house Energy Sub Committee hearing. Its about 2 15. Subcommittee will now come to order. I want to thank all the members and the witnesses for appearing before the subcommittee this morning. The chairman will now yield five minutes to my great friend, mr. Mcnerney from california for five minutes. Good morning, mr. Chairman, i thank you for yielding me the five minutes and i thank the witnesses for coming this morning. Its an incredibly important issue that we needed to care a lot about and make good policy on. Were meeting today to discuss the state of Cyber Security in the grid and the continuing threats facing Americas Energy truer. We continue to see increasing threats to the grid originating both at home and abroad. Im glad to see the doe and ferc and others taking steps to address the growing dangers posed by nefarious actors. Our energy grid serves as the backbone of our economy Touching Every aspect of our lives and a reliable grid is also crucial to our National Secu
Good morning, mr. Chairman. I think the witnesses for coming this morning. An incredibly issue an incredibly important issue we need to care about and make a policy on. Your meeting to discuss the state of cybersecurity and the grid and the continuing threats facing Americas Energy infrastructure. We continue to see increasing threats to the grid originating both at home and abroad. And glad to see the doe firm and others taking steps. Our energy grid serves as the backbone to our economy, Touching Every aspect are our lives every aspect of our lives. Reliable grid is crucial to the National Security and a clean energy future. For lawmakers to enable innovative advancements that we can improve the security and reliability of our electric grid, we must work on a bipartisan basis. And, actively engage with leaders as we are doing today. The modernization and innovation of our Energy Infrastructure is already underway. What was once a oneway Delivery System has evolved to a Dynamic Networ