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Committee on the fullscale audit that began last month. The hearing runs one hour and 45 minutes. The committee will come to order. David norquest as our witness today. The topic is the audit of the department of defense which by law begins this fiscal year. I will just say it is not by accident that the committee will start our year on this topic. Been ang the audit has bipartisan priority for some time. The act of 1990 required all federal departments conduct an audit. The 2010 and eaa require...

The committee will come to order. The Committee Welcomes david norquists as our witness today. The topic is the audit of the department of defense, which by law begins this fiscal year. Will just say it is not by accident that the committee will start our year on this topic. Been ang the audit has bipartisan priority for some time. The act of 1990 required all federal departments conduct an audit. The 2010 and eaa required that the the departments be ready for audit by 2017. This panel on defens...

The committee will come to order. The Committee Welcomes mr. David norquist, the undersecretary of defense, comptroller, and chief Financial Officer as our witness today. The topic is the audit of the department of defense, which by law begins this fiscal year. And i would just say its not by accident that the committee will start our year on this topic. Requiring that the Department Conduct an audit has been a bipartisan priority of this committee for some time. The chief Financial Officer act ...

Defense department testified on the management of the departments annual budget of 600 billion. And why he thinks its important to conduct and audit. This is an hour and 45 minutes. O order. We welcome the committee will come to order. The Committee Welcomes mr. David norquist, undersecretary of defense and comptroller as our witness today. The topic is the audit of the department of defense which by law begins this fiscal year. I would say its not by accident the committee would start our year ...

Departments annual budget of 600 billion. And why he thinks its important to conduct and audit. This is an hour and 45 minutes. O order. We welcome the committee will come to order. The Committee Welcomes mr. David norquist, undersecretary of defense and comptroller as our witness today. The topic is the audit of the department of defense which by law begins this fiscal year. I would say its not by accident the committee would start our year on this topic. Requiring the Department Conduct an aud...

These are your markets and we see a little pullback when it comes to european stocks, down by 0. 2 . S p futures gaining 0. 8 . The further correction we saw overnight is putting a little bit of anxiousness out there on the market. We spoke to a lot of market artisans and they say, look, it is too soon to see if the situation will stabilize. We will look at the opening of the was market to see if there are any tensions there. Its just too soon to make a call on whether or not the markets will be...

There is a little bit of a downside on the stoxx 600. Eurodollar, little bit of an improvement there. Coming up on bloomberg surveillance, we talk european growth. To our man from jpmorgan. Then we talked to teri haynes. Of the get a preview state of the Union Address. A lets get to the bloomberg first world news. Nejra the house of representatives has committee has voted to get clearance to release a republican memo. It alleges bias. Say thetive republicans investigation to come in ties to the ...

Currently down. We are still trying to figure out what the next leg for a lot of these markets is. Industrials are under pressure today. We are still trying to figure out the aftershock from the global selloff that we saw on tuesday and wednesday. The other thing that i am looking out for is the yuan, dropping the most since august of 2015. Some trade figures in china disappointed and of course it is boe day. Bloomberglso on to a fewnce. , we speak guests. Kaplan of the Federal Reserve bank of d...

Good morning, everyone, and welcome to bloomberg surveillance. I am Francine Lacqua in london. 0. 6 . 600 gained there is a fine thing going on in the market. If we look at last week, there was a huge volatility reserve. Have yields rising equities rising at 12 eurodollar, 1. 2492. The yen, we have a lot going on in the japanese market. Coming up on bloomberg , we have an interview with the Standard Life ceo, Martin Gilbert, after shares were hit this morning. , we are joined by the ceo gen. We ...

Im Francine Lacqua here in london. We saw a huge plunge in the markets overnight in the u. S. We saw quite a lot of pressure on the nikkei. 1. 6 . 600 now down i will show you a chart of the stoxx 600 in a second, you will 3 , downit was down 4 , and now it is kind of stabilizing at down 1. 6 . 37 can see the vix index. 32, now we have not seen that level for a while. Eems to be finding we focus on the selloff with the chief Investment Officer. We discuss oil prices in our interview with the ceo...