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[inaudible] thank you. The subcommittee will come to order. Without objection the chair is authorized to declare a recess of the subcommittee at any time. Without objection members of the full committee not on this subcommittee are authorized to participate in todays hearing. Members are reminded to keep their video function on at all times, even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves, and to meet themselves after they finished speaking. Consistent with the regulations of a Company House resolution 965, ...

Covid vaccine trial has been put on hold after a patient suffered a serious reaction. Australian corporate earnings set for a tough recovery after their worst slump. Will be asking about the challenges ahead including tensions with china. Shery lets get a quick check of how markets are trading. We are seeing u. S. Futures again under pressure. Down 7 10 of 1 . This as we continue to hear more reservations coming from these vaccine makers. We heard from astrazeneca after the close. We already had some skepticism over what happened to those vaccine approvals. We also had the text selloff acceler...

The best thing our customers can do to help prevent going into that stage iii category is to conserve as much energy as possible. You heard it right there, conserve energy. That is going to be the motto during this heatwave we are all dealing with across the bay area. Tonights power emergency is over for now after a series of rolling outages around Northern California this evening that helped stabilize the grid. This started around 6 30 with an order from kauai so. The independent system operator manages the states power grid and it told utilities, like pg e, to shed powerlines because of unus...

But is important for children and families. He ended with a threat. May cut off funding if not open. And just yesterday, he said, quote, my view is the schools should open. He this thing is going away. It will go away like things go away and my view is that schools should be open. The president views the decision about how to reopen schools as a political dispute about his own reelection. And to paraphrase his press secretary, he is refusing to let science stand in the way. I fundamentally disagree with that approach. Schools must reopen based on science and the safety of our children and teac...

Second term. The president also receiving , the companytok suing the federal government. Lets talk about how the markets are digesting this. Abigail doolittle running us. Joining us. Apple has been one of the companies driving the rally and apple just notified some employees that they plan to reopen a number of retail scores by the end of august. Walk us through the day. Again, recognize. Hopes about a fast tracking of the vaccine and treatment. Abigail lots of optimism. The s p 500 up for a third day. While it is nice to think that it has some of the do with the fast tracking of the vaccine a...