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We continue welcoming them now. We may have to group some of them to get through as many as we can and we may edit for brevitys sake. As you send in questions, please submit only one per outlet. With that, president malpass, over to you. Thank you and good morning to everyone. Im happy to speak to all of you. You wish the circumstances were not as grim. I would start by saying i hope you and your families are healthy and coping in these challenging times. I want to express my deepest condolences to the millions of people around the world suffering from covid19 and who have lost a loved one to ...

U. S. And european stocks are hit by the worst rout since 1987, as the panic takes hold of markets. The today session offer brief relief . 5 trillion, the u. S. Central bank offers a huge liquidity, at least nominally, injection into the treasury market after the ecb stimulus measures fall short of combing investors. And delaying the worst. The u. K. Abandons its containment strategy as efforts to push back the peak of the virus takes precedence. New york city declares a state of emergency. We are just under an hour away from the start of cash trading across europe after we saw yesterday, the ...

Democratic debate stage where everyone came out. I think the question in fact remains who has the edge, when is agenda . Speaking of winners and losers, we break down who has the best and worst week, hence cue up the gang. Thats all im going to tell you. All that and so much more on making money. Stock market setting new records again today as our economy continues to sizzle and there are no signs of letting up. In fact all eyes right now looking ahead to 2020 and whether or not we can continue to fuel this, especial blaze it is an election year. But even as we continue to thrive last night in...

Stand in for him, and we will pick up. I will read his statement. Very good. Before we get started i request unanimous consent that a member of the full committee be allowed to join us, mr. Brown, who is behind me, and participate in the questions. And there is a formal unanimous consent that a nonsubcommittee member participate in the hearing after all of the subCommittee Members have had an opportunity to ask questions. Is there objection . There being none the nonsubcommittee member is recognized at an appropriate time for fiveminute questioning. All right. With that, committee will come to...

Participate in the questions. And there is a formal unanimous consent that a nonsubcommittee member participate in the hearing after all of the subCommittee Members have had an opportunity to ask questions. Is there objection . There being none the nonsubcommittee member is recognized at an appropriate time for fiveminute questioning. All right. With that, committee will come to order. Ladies and gentlemen, i call the committee to order, the subcommittee of the Armed Services committee. Since february of this year, the subcommittee has been conducting extensive oversight of the Privatized Hous...