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The committee will come to order. The Committee Welcomes david norquists as our witness today. The topic is the audit of the department of defense, which by law begins this fiscal year. Will just say it is not by accident that the committee will start our year on this topic. Been ang the audit has bipartisan priority for some time. The act of 1990 required all federal departments conduct an audit. The 2010 and eaa required that the the departments be ready for audit by 2017. This panel on defense Financial Management and reform put scrutiny on the departments efforts and issued a number of rec...

Brief. At 1 00 eastern time, we will see hear from randal quarles. At midnight tonight, the u. S. Government will shut down unless of the house and senate can, up with a lastminute compromise. Now, lets find out what is going on outside the business world. Time is running out for a partialo avert shutdown of the u. S. Government pay the house passed a measure that would keep the government open past tonight while Lawmakers Debate a longterm spending measure. Senate say they have the votes to block the bill. They want to include productions for young undocumented immigrants. According to people...

Where we are volatility picked up this week couple of big down day, now a lilt bit of a snap back. What do you think about with where we are well, the snap back is not that convincing because its losing steam volatility is back for sure because when you reach these levels in the market in terms of valuation, in terms of just overall movement, youre going to see more volatility because people get r more nervous. I think were in a small consolidation period and as we get into the heart of earnings season which i think will be positive, will probably take off again. I wouldnt expect the velocity ...

Dont think its a matter of if, when it comes to a space force, its a matter of when. I dont think this is reflection of what the air force has done here. Theyve worked this hard. I believe theyve shown due diligence, theyve worked hard to provide us the best space force possible. I think weve gone from a time when space was supporting ground, air and sea, from a supporting roam, were now transitioning to the where the work will be done in space. Think that changes the game. That means we need to grow a space force, space professionals, space culture and people in a service thats totally dedica...

Dont think its a matter of if, when it comes to a space force, its a matter of when. I dont think this is reflection of what the air force has done here. Theyve worked this hard. I believe theyve shown due diligence, theyve worked hard to provide us the best space force possible. I think weve gone from a time when space was supporting ground, air and sea, from a supporting roam, were now transitioning to the where the work will be done in space. Think that changes the game. That means we need to grow a space force, space professionals, space culture and people in a service thats totally dedica...