Good morning. So this meeting will now come to order. Today the subcommittee is holding a hearing entitled oversight of doe, during covid19 pandemic. Members will be participating in todays hearing finally in person or remotely via video conferences. And just as a reminder weve had some technical difficulties in making sure that our remote video was operating up to standard. As part of this hearing, the microphones of members participating remotely will be set on mute for the purpose of eliminating inadvertent background noise. Members participating remotely will need to unmute their microphones each time you wish to speak. For members and witnesses participating in person, i encourage you to wear your mask whenever you are not speaking. Dr. Monahan, our physician, stressed in attending physician covid19 guidelines that use of face coverings is meant to protect other people in case someone was unknowingly infected and does not have symptoms. But wearing our mask when we are not speakin
Slumping and Global Growth concerns back in the headlines, as chinas Economic Data comes in weaker. Joining us for the entire hour, final hour of trade is keith bliss, managing partner and ceo of iq capital usa. Keith, welcome thank you very much you and i were just chatting about the fact that you were noting that youre kind of surprised that the stock market isnt down even worse. I think its really resilient and speaks to the trend weve been seeing throughout the last 30 days for sure and ive been a big believer that well continue to trend higher throughout the rest of the year but think of Something Like this that happened 45 years ago, when we did have real supply concerns and the kingdom of saudi arabia was the big player in the market now its much more dispersed we were not a big player. At all. For a variety of reasons i am grateful and pleased at the resilience of the equity market on news like this today. Even some energyimporting nations like china, for example, you didnt see
Call me or tweet me jim cramer, the battle between truth and fiction plays out every da i in this market, and sadly, fiction usually wins that includes days like today where the dow shed 181 points, s p declined. 76 , nasdaq lost 1. 15 . Last fall, things have turned nasty, havent they . Im starting to see the same old negative on wheat creep back in the market, plagued by imaginary scenarios, we convince ourselves represent reality, and make us say, who needs this nonsense lets just go sell everything and buy some bonds house of pleasure. The first absurdity, the first fantasy, that somehow theres a correlation between the newly weak bank stocks and reality, because these Bank Failures last spring have left a nasty taste in our mouths. The vast majority are doing well in this country. Guess, what they werent doing it anyway. Almost every class of loans is doing great, credit cards, home equity, Small Business loans, even the dreaded Office Building loans are looking good, which are a
Would say Historical Perspectives are important and policymaking. But there is much less understanding about how to actually link perspectives to policymaking a when, where, and what context it is appropriate. A series of panels about history and policy with federal historians who are often those closest to policymaking and might have some valuable thoughts to offer. We all appreciate that inside. My name is claire altman, i am the directory of the federal Judicial Center in washington, d c. It is the research and Education Agency and the History Office is responsible to promote programs and work to preserve the history of the judiciary. I am honored to be joined by four other historians. I will introduce them now and will assume since there biographies are relevant that they will fill in if i have missed any key points. Each will speak 57 minutes and then you will have a moderated discussion. I will start to my immediate right. A historian at the state Department Responsible for the F
Would say Historical Perspectives are important and policymaking. But there is much less understanding about how to actually link perspectives to policymaking a when, where, and what context it is appropriate. A series of panels about history and policy with federal historians who are often those closest to policymaking and might have some valuable thoughts to offer. We all appreciate that inside. My name is claire altman, i am the directory of the federal Judicial Center in washington, d c. It is the research and Education Agency and the History Office is responsible to promote programs and work to preserve the history of the judiciary. I am honored to be joined by four other historians. I will introduce them now and will assume since there biographies are relevant that they will fill in if i have missed any key points. Each will speak 57 minutes and then you will have a moderated discussion. I will start to my immediate right. A historian at the state Department Responsible for the F