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Good afternoon. The subcommittee will come to order. Without objection the chair is authorized to declare recesses of the committee at any time. We welcome everyone to the second of our series of hearings investigating competition in the Digital Markets. This one on innovation and entrepreneurship. I now recognize myself for an opening statement. 30 years ago the First Software for the worldwide member was released into the Public Domain to create a Global Communications network. Within a few years, search and browsing services were built onto this software to give people tools to communicate,...

We need fed chief jay powell to listen to last nights big, bad Conference Call from csx thats a railroad. Or this mornings report from aerospace texron that showed a weakness in almost always Robust Aerospace sector or tonight, surprisingly not so hot guidance from united rentals, the Equipment Rental company at the same time, we need to innor ti ignore the bank Conference Calls from bank of america on the heels of the major bank stocks that have been good. Certainly happen we got lets hope he stays away from any Conference Call in the red hot airlines sector. Why . Because we have two economi...

Down about 118 points, nasdaq opening down about 117 points. S p 500 off by 16 points right now. Take a look at treasury yields. The 10year at. 93. The 2year at 2. 863. And crypto prices. Weve been talking about crypto quite a bit these days. Up about 4 this morning. Its crazy. And take a look at ether etf. Thats surging too meantime apple is canceling its electric vehicle product. That thats accordinging to those that know. Many employees will be shifted to the Artificial Intelligence division. Apples ceo apple and ceo tim cook have never acknowledged the electric car publicly but referred to...

, not just connecticut. Which is the most worrisome. None connecticut as well. I think it is important to recognize we did not choose this vector. Our adversary stick. We have to respond. What that demands is the u. S. National security space community, particularly the United States Space Command and a space for us considered new strategies, operational cons concepts and technologies. What this panel is do is provide insights regarding what sort of Technological Solutions might be the most helpful and how this ties back to core mission imperatives, especially in an era where our adversary is ...

, not just connecticut. Which is the most worrisome. None connecticut as well. I think it is important to recognize we did not choose this vector. Our adversary stick. We have to respond. What that demands is the u. S. National security space community, particularly the United States Space Command and a space for us considered new strategies, operational cons concepts and technologies. What this panel is do is provide insights regarding what sort of Technological Solutions might be the most helpful and how this ties back to core mission imperatives, especially in an era where our adversary is ...