Therapeutics, the whole thing. Europe is down 5, oil below 25, that will take you back to 2002. So, yesterdays gains are obviously in jeopardy, since february 24th, the first big day of the virus selloff, the average daily move of the s p, up or down, 4. 9 jim, dont need to tell that you is unprecedented the market is trying to figure out how to deal with these Uncertain Times when you have Financial Health on the line and, of course, what we were talking about with separation, actual health. Its not processing it very well in part because the liquidity is not there, but also because weather in a highly emotional moment yesterday it looked like the market was up. The indices lie. What was really up were things like hormel. When we put shutters across the country, one of the first things to do was put in spam. Yesterday it was chef boyardee the wrong stocks are going up. The companies we invoked during thermonuclear war time that is what was up in the index, that and drug stocks a halfh
Check things out today because we have now seen already 69 record closes for the dow this year if there is another record close today, as you would indicate if you see these gains again, this would be the most record closes weve ever seen in any year for the dow. Last record watts set in 1995 and that was a record of 69. The s p is already in record territory. Weve seen 61 record closes for the s p and thats compared to 18. The dow indicates almost 24,800. You see what im looking for. I cant see your screen. Its a map of south america because the train the sorkin train was oh. No, no. You said san paulo. I was down in san paulo where am i now youre down across from the falklands. The train is. Youre still here youre here i missed the train, as you know youre still in jersey, i think, camden or something not even. I havent left the island of manhattan. Seriously. Im stig thinking im like just hanging outside of penn station. The sad thing is, i had to look to figure out which one i knew
I thank you for that. Today marks the first hearing in the Financial Service and general Government Subcommittee for the 115th congress. This is also my first hearing in my new role as the chair woman of this subcommittee and im honored to be serving. As we begin the important review of the budget request of the fcc we welcome our witnesses. Fcc chairman ajit pai and commissioner clyburn and michael oreilly. We look forward to hearing from you all about the fccs budget requests and the work youre doing to carry out the aenlsgen mission. The commission has requested a total of 322 million. The fccs funding is offset by fees that does not minimize our duty to insure that the agency is operating effectively, and that the funds are being spent responsibly. This is especially important since the fees are passed on to the consumer. The impact is critical in Rural America. Communities in my state of West Virginia have been hard hit by job loss. And decline and creating a major drag on the sta
In one minute, if everyone will take their seats, please. You become so quiet when i say that, that i shouldnt even wait the full minute. Thats fantastic. So we are going to get started now. Again, i think that was a terrific session to get the conference started talking about regulation more generally. Although, i knew there would be. As i said in my welcome that i think throughout the day were going to hear a lot about Net Neutrality or restoring Internet Freedom or the open internet proceeding, whatever name interview you prefer to call that proceeding by. And we did hear a little bit during the previous session. So i just call this the allstars panel. Im not sure i came up with another name. I dont think there is necessarily a better one because we do have a group of all stars here and were going to be digging in, im certain, to Communications Law and policy issues. So what i want to do is just do brief introductions, as i said at the beginning you have everyone here has the brochu
I call to order this hearing of the Senate Subcommittee on consumer protection, product safety, insurance and data security. As the title suggests, this subcommittee exercises wide jurisdiction over a diverse range of topics. This will be our first hearing this congress to examine matters pertaining to insurance, specifically, that of Insurance Fraud. Thank you to our expert witnesses who came here to join us today. Insurance fraud is a major concern not only for insurers,we who bear the costs of fraudulent claim payouts, but also consumers, who see these costs passed on to them in the form of higher premiums. This hearing will examine the scope of Insurance Fraudst atlarge in the United States and address nationwide fraud trends across a variety of Insurance Markets, including property and casualty, and Life Insurance. In addition, well discuss the tools available to states,s insurers, and consumers to protect themselves against these crimes. The Insurance Industry has an enormous pre