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You can take your seats. We want to take advantage ofg to the opportunity to give the secretary some time for the give and take and the dialog that we are going to embrace here for the next couple ofhink hours. I think we can proceed on the first issue so that we can get so, firs to the chairman, it is of no controversy. Mor so, first, let me call the waysa and Means Committee to order, before turning to our hearing thise morning, the committees aint budget for fiscal year 1974. 2021 in accordance with the congressional budget act, of 1974 in house rules for f, you will find a copy of the lett...

You can take your seats. We want to take advantage ofg to the opportunity to give the secretary some time for the give and take and the dialog that we are going to embrace here for the next couple ofhink hours. I think we can proceed on the first issue so that we can get so, firs to the chairman, it is of no controversy. Mor so, first, let me call the waysa and Means Committee to order, before turning to our hearing thise morning, the committees aint budget for fiscal year 1974. 2021 in accordance with the congressional budget act, of 1974 in house rules for f, you will find a copy of the lett...

This hearing is called to order. On december 30th, 2019, dr. Lee wang young, a 34yearold ophthalmologist at wuhan central hospital, took to a group chat he was in with some friends from medical school to discuss a sarslike illness that had recently been sickening people around the city. He posted a snip pet of a lab analysis that had found sars coronavirus, an extensive bacteria colonies in a patients airways and says this new illness had even led his hospital to quarantine some patients in the emergency department. So frightening, a member of the group chat replied, is sars coming again . Fic...

Turnaround. Thank you. Can we ask you a few questions . Think the markets overreacting . Oh, you know, youve been in the market so long one way or another, wall street, government, fed, Broadcasting Markets the market. Is, my reading of the numbers that we have in i acknowledgein, this could change and i couldledge the situation deteriorate and i acknowledge the risks. But given what we know factually, looks to me like the market has gone too far. And it canhis before come back very rapidly. Im not saying the markets wrong. Is. S what it you got millions of people trading all around the world....

Fed, broadcasting now. The market is the market. What i am saying is that my reading of the numbers we have at hand, and i acknowledge this could change, i acknowledge the situation could do t deteriorate, but it looks like the market has gone too far. And itseen this before could come back very rapidly. I am not saying the market is wrong, it is what it is. You have millions of people trading all around the world. I just think everybody, orther you are an investor whether you are an ordinary main street person, people should not overreact. That is the important thing, lets not overreact. In a...