Next, look at efforts to modernize Information Technology across government agencies. The House Oversight subcommittee hearing includes the chief Information Officers from the Government Accountability office, the office of personnel management, white house budget the education department. This is about 2. 5 hours. 5, 4, 3, 2, one. [gavel] welcome, everybody to the Sub Committee on government operations. And our hearing. Pursuant togin, house rules, most members today webex, remotely. Some members are appearing in person, or at least this member is, let me remind you that all individuals attending the hearing in person must wear a face mask. I am dropping mine only to speak. Maskrs not wearing a face will not be recognized. Let me also make some reminders for those appearing in person. You will only see witnesses appearing remotely on the monitor in front of you. In activeare speaking speaker view. A timer is visible in front of you. Remotely,attending let me remind everybody about poi
Modernize Information Technology across government agencies. Hearinge subcommittee is from the Personnel Management , the one Budget Office and the education department. This is about 2. 5 hours. 2, one. [gavel] welcome, everybody to the Sub Committee on government operations. And our hearing. Pursuant togin, house rules, most members today webex, remotely. Some members are appearing in person, or at least this member is, let me remind you that all individuals attending the hearing in person must wear a face mask. I am dropping mine only to speak. Maskrs not wearing a face will not be recognized. Let me also make some reminders for those appearing in person. You will only see witnesses appearing remotely on the monitor in front of you. In activeare speaking speaker view. A timer is visible in front of you. Remotely,attending let me remind everybody about points. First, you will be able to see each person speaking during the hearing whether they are in person or remote as long as you ha
Remotely. R by webex, appearing members are in person, let me remind everyone that pursuant to the house attending physician and guidance come all individuals attending this hearing in person must wear a face mask. I am dropping mine only to speak. Members who were not wearing a face mask will not be recognized. Let me also make a few reminders to those members appearing in person. You will only see members and witnesses appearing remotely on the monitor in front of you when they are speaking in what is actives webex speaker view. A timer is directly in front of you. Remotely,s appearing let me remind everybody that first, you will be able to siege person speaking during the hearing whether they are in person or remote as long as you have your webex set to active speaker view. If you have any questions, Contact Committee staff. They will try to be helpful. A timer thatve should be visible on your screen when you are in the active speaker with thumbnail view. Members who wish to pen the
On theprivacydebate. Please feel free to live tweet on that. Its been at the center of the that debate as Congress Moves forward and as we as a government, a as people, deal with the policy issues of privacy. The commission has been very much in the spotlight with major cases, the Facebook Cambridge analytica settlement, youtube settlement, and a series of hearings on competition and Consumer Protection in the 21st century. Were focused to have with us today two commissioners, Rebecca Kelly slaughter and Christine Wilson, both of whom have long backgrounds in public policy. Becka slaughter on the hill, Christine Wilson previously as chief of staff at the commission and both experienced in private law practice and in other capacities. Want to just jump right into it, and just kind of begin if we could with an overview. You now, i think, becka, you started in may of last year, christine in september, both of you are about a year on. Youve had the experience of the cases, the hearings. Ho
Market is so ugly that you just want to get out now. I cant endorse that here. Up. 20 . Id be lying if i told you i feel great about this market. Especially, the forecast. Ever going to get those. Lets start with what i think is the real elephant in the room. Lets talk about the bond market. At its power bleeds into the stock market every day, and has been a bleeding in a bad way. How does it do that . When the government sells bills, notes, and bonds to pay for the deficit it weighs on everything. Considering the gigantic sideshow that could hurt your portfolio. You got to use 44 billion, sevenyear bond auction thats tomorrow. On top of todays 70 billion dollar five year note auction. Especially, on top of the 69 billion sale. Talk about cash is rook. Its gotten so compelling to so many people. But, they want to buy some of these bonds. Which means they often need to sell stock in order to swap out of that and into the bond market. You need a lot of ponders to come in, and by these bo