Coronavirus impact on the nations Food Industry, Small Business can be heard from representatives of the industry on supply chain issues, loss of customers, perishable food than facility cleaning and maintenance, this is just over 90 minutes. I call this hearing to order. Without objection the chair is authorized to declare recess at any time. I think everyone especially our witnesses for joining us today for our committees private hearing. I want to note some important requirement. Let me begin by saying the Committee Rules and practice continue to fly during hybrid proceedings. Members are reminded they are expected to adhere to these rules including decorum. During the period designated by the speaker the committee will operate in accordance with House Resolution 965 under subsequent guidance from the rules committee in a manner that respects the rights of all members to participate. House regulation requires members to be visible through video connection throughout the proceedings
To participate in another proceeding please exit this one and like back in later. Any that a member encounters technical issues that prevent them from being recognized from their questioning i will move to the next available member of the same body and will recognize the member of the next appropriate timeslot provided they have returned to the proceeding. In the event the witness loses connectivity during testimony or questioning i will preserve their time as staff address technical issue. I may need to recess the proceedings to provide time for the witness to reconnect. Finally remembered to remain muted until you recognize to minimize background noise. Over the last few months the outbreak of covid19 has led to an unprecedented Public Health crisis and creating a dire economic crisis for small firms. Three out of four businesses are experiencing a decrease in revenue and over half of Small Businesses are concerned about being forced to close. Small businesses across the Food Supply
Attorney general at 10 00 a. M. Eastern this weekend on Fox News Channel. Earn negotiation focus on wall street, among big names to report cocacola and deere. And then theres this, the box office takes wakanda. What happened now determination what happens to the rest of the world. Maria weve got a preview of the highlyanticipated black panther movie as it looks to claw its way to the box office this weekend, we will bring you the review. Dagen mcdowell, James Freeman along with pollster and the president of maslansky partners lee carter. Great to see you. Great to be here. Happy friday. Dagen i cannot wait for your interview with the attorney general. Yeah. Nunes was last week. Maria nunes last sunday. Lots to talk about. Thats for sure. Dagen i cant wait. Maria that should be good. I know our viewers want answers. Dagen when i got the email you were interviewing on sunday i literally was i was sitting in my apartment and i went he did maria what do you think about what he said, james
Act cord cutting to house of cards today, well tell you what he had all of wall street talking. First, a bank worst performing sect sector. Both negative on the year. Check out some of the action, gold man sax, j. P. Morgan down and 3 respectively. Could the banks be the ultimate value track or should investors be buying the dip, tie . There obviously havent been trades, goldman sax is the first one reporting. The contracter the price action since has been miserable, think about it. Since makening an all time high, theyre down over 20 in a couple months on whats been a pretty decent tape. I have been one of these people bullish in the banks, now i have to ask myself, does goldman need to recapture that 225 . Tim talked about this, and j. P. Morgan. 84, critical level. Down again today. The last piece is xlf. I think goldman was terrible. I think they actually that to me will be an explanation why they would be under performing. Fair enough, what goldman franchise is you can argue is un
We havewe have a few other things that are going on. Members will come in and out. They are here today is to examine Taxpayer Advocates 2015 annual report. The Taxpayer Advocate is a statutorily required to provide a report toa report to congress and must also identify 20 of the most Serious Problems facing the american taxpayer. Our personal note i want to say thank you for coming to Western North carolina. It just shows their going to extra mile. I would also like to thank you for your dedication to working to protect the american taxpayer. It was also interesting to see the other information of us helpful to understand about Tax Administration. As far as this years annual report, as we looked to spend considerable time discussing the future plans that are currently being developed, this plan will lead to a greater Electronic Tax Administration an online service. We obviously have a witness year from my home state of greensboro North Carolina. A positive an important trend. Want to m