Good morning. Today that committee convenes to a hearing on the faa oversight of aircraft certification i welcome our witnesses mr. Dixon and mr. Steele father sonja who tragically died plate three oh two and we thank them for participating. March 10 mark the oneyear anniversary of the crash of Ethiopian Airlines three oh two which was preceded by the p loss of flight 602. The aircraft involved in both accidents was the boeing 737 and max are deepest sympathies continue to go out to the families those loved ones who are among the 346 souls lost in these questions. Since the Ethiopian Airlines crash the committee has heard from many whistleblowers at the faa and boeing in the Aviation Industry. It is increasingly clear from our investigation the faa has a number of Serious Problems address. My investigation staff is interviewed dozens of witnesses many thousands of documents and emails and diligent pursuit of the facts. No matter where they lead i must express my profound frustration wi
Infrastructure bill today. Voting procedures will be in effect. Live coverage here on cspan. [captions Copyright National cable satellite corp. 2020] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] the speaker pro tempore the house will be in order. The prayer will be offered by our chaplain, father conroy. Chaplain conroy let us pray. God of us all, thank you for giving us another day. Coronavirus diagnoses and deaths continue to mount throughout our nation. Please bless with healing and comfort those whose lives have been so severely disrupted. Continue to protect and empower those who tend to the sick and those who seek medical solutions to this dangerous pandemic. Unfortunately, there are many other issues pressing upon us. Bless the members of the peoples house whose responsibilities press them to address such seemingly overpowering challenges. Help them and help us all to trust that you have
Operations as the pandemic wreaks havoc on its business model. Good morning, this is bloomberg surveillance. I am Francine Lacqua in london. Lets get to the headlines. Expectations of a 6 slump in the Global Economy, but a caveat hang if there is a second wave, which some economists are expecting, it would be a 7. 6 slump. The oecd is explaining what will happen if the economies stay open and there is a second wave and second lockdown. In theetween 6 slump Global Economy and 7. 6 if there is a second wave. The markets are focusing on the rally in a couple days ago. It is about the fed and what they will do today. Investors are waiting for the decision on monetary policy. Treasuries edging lower and crude oil retreating. Lets get to the first word news in london with any murder. Dani the World Health Organization is walking back its comment on the asymptomatic spread of coronavirus, a day it was very rare, it says it is unclear. The head of the unit says previous projections were a misu
Being exposed to the coronavirus. Companies are laying out plans for a return to work from facebook to jpmorgan, even if it means only 25 of the work worse will be back in the office and perhaps not even until the end of the year. Taylor riggs has been following the action. Taylor some of that negative news that you were highlighting, the equity markets as you know are continuing to gain on the hopes of a reopening plan that was expected to come in the next coming months or so from a lot of these major companies. Big tech has really resumed a lot of leadership. The thing they wanted to point out was the big performer, reading the note from our chief equity strategist to set the gap in the forward pe ratio between tech and tech excluding the big five goes back to july of 2013 and the ratio explains the dominance and outperformance of Companies Like google, showing the discrepancy we havent talking about. Emily expedia out with results, hit hard by the standstill of global travel. Countr
And in one u. S. Territory join us at 7 00 tonight on cspan. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] [captions Copyright National cable satellite corp. 2020] the speaker pro tempore the house will be in order. The chair lays before the house a communication from the speaker. The clerk the speakers rooms, washington, d. C. , march 3, 2020. I hereby appoint the honorable john a. Yarmuth to act as speaker pro tempore on this day. Signed, nancy pelosi, speaker of the house of representatives. The speaker pro tempore please be seated. Pursuant to thed orer of the house of january 7, 2020, the chair will now remember recognize members from lists submitted by the majority and minority leaders for morning hour detpwhafmente chair will alternate recognition between the parties with time equally allocated between the parties and each member other than the majority and minority leaders and minority w