Right, i think the obvious answer to that is absolutely. The members of the subcommittee, both the democrats and a number of the republicans really focused in on the power of these corporations over the way we communicate and the way we engage. That was the dominant theme of the hearing. They also got into the god of how these businesses work and how they use their dominance and how theyre engaged in predatory behavior and how they are hurting other businesses, small, medium and everyday families. It was really quite remarkable hearing, night and day from the hearings that we saw just a couple of years ago when members of congress were grilling Mark Zuckerberg. Yesterday was i think a pretty remarkable moment in the Ongoing Investigation into monopoly power in general, but especially in regards to tech platforms and Digital Markets. Host congresswoman comstock. Guest i think yesterday we saw with Congress According to gallup today had an 18 Approval Rating and was attacking four of the
Democratic and republican members of the House Armed Services committee over the pentagon plan to devote 3. 8 billion to construct more border wall. The pentagon is asking congress to approve a 705 billiondollar budget for fiscal year 2021. This hearing is three hours 35 minutes. We will go ahead and call the committee to order. Good morning, everyone. We are gathered here this morning from secretary of defense doctor mark esper and chairman joint chiefs of staff general to hear about the proposal for the department of defense. I will start with some good news or start by thanking the witnesses for being here and further service to the country. Both served their country in various capacities for a long time, not an easy thing to do. I appreciate that and look forward to continuing to work with you. Unlike last year, we have a budget agreement, and last year we spend a lot of time talking about how difficult it is to run while anything in the government but certainly the department of d
General to hear about the proposal for the department of defense. I will start with some good news or start by thanking the witnesses for being here and further service to the country. Both served their country in various capacities for a long time, not an easy thing to do. I appreciate that and look forward to continuing to work with you. Unlike last year, we have a budget agreement, and last year we spend a lot of time talking about how difficult it is to run while anything in the government but certainly the department of defense without Appropriations Bills in a timely manner. Last year we were off by 3. 5 months, Something Like that thats better than drifting into the next year. We did get appropriation bills done by december of last year which gives some predictability to the department i think that is enormously important. This year we hope to come a little closer to october 1 certainly on the authorizing bill that also the appropriation bill but most importantly, we have a budg
I will start with some good news well, first of all, i will start with thinking our witnesses for being here and thanking them for their service to our country. Further service to the country. Both served their country in various capacities for a long time, not an easy thing to do. I appreciate that and look forward to continuing to work with you. Unlike last year, we have a budget agreement, and last year we spend a lot of time talking about how difficult it is to run while anything in the government but certainly the department of defense without Appropriations Bills in a timely manner. Last year we were off by 3. 5 months, Something Like that thats better than drifting into the next year. We did get appropriation bills done by december of last year which gives some predictability to the department i think that is enormously important. This year we hope to come a little closer to october 1 certainly on the authorizing bill that also the appropriation bill but most importantly, we hav
Southeast asia, gdp out of fullyear growth for 2019, philippines not playing ball the first trading session and dollaryen, gold, oil and treasury futures looming, looking at where we go moving forward as well. Dollaryen 108. 66 and gold futures pulling back slightly, by a futures contract. That is the markets. Uneventful. Here is the first word news. Kim jongun says he is no longer bound by a pledge not to willmissile tests and debut a new weapon. He says u. S. Sanctions leave him no choice but to reconsider commitments that underpinned his meetings with President Trump. Trumps reaction was muted, repeating that kim agreed to denuclearize. Hong kong kicked off the new year with renewed protests, vandalism and tear gas. Demonstrators and Police Clashed into the night after tens of thousands of mostly Peaceful Protesters took part in a march. Protesters vowed to maintain their fight for more democracy and less chinese control. Willdent trump says he finalize the first phase of a trade de