The subcommittee will come to order. Welcome to our first Budget Hearing of the Senate Appropriations subcommittee on Congress Justice in science, and related agencies for this fiscal year, 2021. We have the honor of hearing from secretary of commerce, wilbur ross about the president s for the department of commerce. Welcome secretary ross for your appearance. We look forward to hearing from you this morning. As we, know the department of commerce executes a broad range of critical activities for our nation, things that are important to every american, things that are important to us as members of the senate, and issues that we care a lot about. Research and development, Cutting Edge Technology for predicting the weather, increasing trade and investment, recruiting businesses to our communities. The census has been an essential component of the departments business for the last several years. The president s request is eight billion dollars, 6. 7 billion below the fy 20 enacted level,
But it turns out that may not be the case. In the big banks launch a earnings season with a bang. Jp morgan reports of most profitable year ever for any u. S. Lender. News from south korea, were the jobless numbers for the month of december. Writings coming in at 3. 8 , which is higher than estimated and higher than the previous month of november. The jobless rate has been creeping up since the month of august and now we are seeing it shoot up to 3. 8 . Although it is worth mentioning that the economy still added 516,000 jobs in december, which is 200,000 more than in the month of november. Conflicting signals right there, but we have seen the government has tried to create jobs, they have tried to support the economy, but we continue to see declines in the manufacturing and retail sectors. Now the jobless rate coming in at higher than expected 3. 8 . Austrian markets have now open for trade. Lets turn to sophie for what to watch. Sydney a flat open in after a fresh record on tuesday.
Please welcome drew horn, office of the Vice President of the United States. Thank you so much for joining us here today. Im really excited to speak to this for a few brief moments. So first off i would like to say that space is a top priority of this administration and through the leadership of the president and the Vice President we see a remarkable progress in this critical area. The United States was founded by brave pioneers and their spirit continues today as america leads humanity into a new chapter of space expiration and scientific discovery. By combining efforts of the United States government with the leaders of private industry we will reach new heights that until recently we couldve only dreamt of. As the chair of the National Space council, the Vice President is leading an executive Branch Policy of to sustain u. S. Leadership in space and also open doors to u. S. Private sector growth. Before president president ial space policy directives generated by the council are sp
Please welcome drew horn, office of the Vice President of the United States. Thank you so much for joining us here today. Im really excited to speak to this for a few brief moments. So first off i would like to say that space is a top priority of this administration and through the leadership of the president and the Vice President we see a remarkable progress in this critical area. The United States was founded by brave pioneers and their spirit continues today as america leads humanity into a new chapter of space expiration and scientific discovery. By combining efforts of the United States government with the leaders of private industry we will reach new heights that until recently we couldve only dreamt of. As the chair of the National Space council, the Vice President is leading an executive Branch Policy of to sustain u. S. Leadership in space and also open doors to u. S. Private sector growth. Before president president ial space policy directives generated by the council are sp
[applause] thank you so much for joining us here today. Im really excited to speak to this for a few brief moments. So first off i would like to say that space is a top priority of this administration and for the leadership of the president and the Vice President we see a remarkable progress in this critical area. The United States was founded by brave pioneers and their spirit continues today as america leads humanity into a new chapter through space expiration and scientific discovery. By combining efforts of the United States government with the leaders of private industry we will reach new heights that until recently we can only drink up. As the chair of the National Space council, the Vice President is leading an executive Branch Policy of its existing use leadership in space and also open doors to u. S. Private sector growth. Before president president ial y directives generated by the council are sparking u. S. Whole of government efforts to put americans back on the moon, unlea