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[inaudible conversations] [inaudible conversations] the subcommittee will come to order. Without objection the chair has authorized to declare a recess at anytime. We welcome everybody to todays hearing on a free press and protecting journalists. Ill remind everybody the guests in the chamber are guests and youre free to be here, but this is no audience participation in the hearing. This is a hearing and were going to conduct it accordingly. I will now recognize myself for an opening statement. Our liberty depends on the freedom of the press. And that cannot be limited without being lost. Thos...

[inaudible conversations] [inaudible conversations] [inaudible conversations] the subcommittee will come to order. Without objection the chair has authorized to declare a recess at anytime. We welcome everybody to todays hearing on a free press and protecting journalists. Ill remind everybody the guests in the chamber are guests and youre free to be here, but this is no audience participation in the hearing. This is a hearing and were going to conduct it accordingly. I will now recognize myself for an opening statement. Our liberty depends on the freedom of the press. And that cannot be limite...

[inaudible conversations] [inaudible conversations] [inaudible conversations] the subcommittee will come to order. Without objection the chair has authorized to declare a recess at anytime. We welcome everybody to todays hearing on a free press and protecting journalists. Ill remind everybody the guests in the chamber are guests and youre free to be here, but this is no audience participation in the hearing. This is a hearing and were going to conduct it accordingly. I will now recognize myself for an opening statement. Our liberty depends on the freedom of the press. And that cannot be limite...

[inaudible conversations] [inaudible conversations] [inaudible conversations] the subcommittee will come to order. Without objection the chair has authorized to declare a recess at anytime. We welcome everybody to todays hearing on a free press and protecting journalists. Ill remind everybody the guests in the chamber are guests and youre free to be here, but this is no audience participation in the hearing. This is a hearing and were going to conduct it accordingly. I will now recognize myself for an opening statement. Our liberty depends on the freedom of the press. And that cannot be limite...

Seven words, im Jonathan Ferro. U. S. Retail sales before we get there, an ecb retail story. It deadline for taking on the detroit three. Tom ill start with the cut up clock for inflation, people digging into inflation, could be shows many significant disinflation and that is what Christine Lagarde is to confront. If there is rates, are they doing the wrong time . Jonathan we are split down the middle. Tom citigroup, bnp paribas, there is a long list and i think that list is growing after we heard the last couple of days. Lisa the market has been pressing since the midyear that the ecb is woul...