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May 16, 2021
05/21
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with the secretary of commerce, gina raimondo. she is clearly one of the most talented people in her generation. harvard graduate, rhodes scholar, yale law school graduates, two-term governor of rhode island, and president biden asked her to serve as secretary of commerce and she is one of the point people helping to get through his infrastructure legislation. many presidents have proposed infrastructure proposals and bills, but very few have gotten them through, so why do you think that president biden's bills will get through? sec. raimondo: i think we will. i have had numerous conversations on capitol hill and there is bipartisan support for the bill, maybe not all of the bill in all aspects, but i think there is a growing recognition that we have kicked the can long enough, and there is a backlog of infrastructure in every state in america. and i think this will be the moment. and the president is determined. so that helps. david: the president has two types of infrastructure. traditionally it's bridges, airports, toll roads,
with the secretary of commerce, gina raimondo. she is clearly one of the most talented people in her generation. harvard graduate, rhodes scholar, yale law school graduates, two-term governor of rhode island, and president biden asked her to serve as secretary of commerce and she is one of the point people helping to get through his infrastructure legislation. many presidents have proposed infrastructure proposals and bills, but very few have gotten them through, so why do you think that...
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May 18, 2021
05/21
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so, first let me say i think this is an exciting area of commerce, the space commerce. i predict the next five to ten years we will see a lot more activity. and as a result we have to, i think we need a real whole of government approach to come up with our strategy around regulations in space commerce. i think there will be a lot more commercial opportunity in space commerce, and it will be important for us to encourage that innovation, but also regulate. and by the way, everybody has to play by the same rules. i am not sure exactly what that article was, but, you know, i have seen articles about certain entrepreneurs who think they don't have to follow the rules. i think we have to be very clear that they do. so this, my incoming deputy, dawn graves, plans to really lead around space commerce. i have a background as an innovation investor. i would be happy to visit with you on this because i think working with the fcc, defense, transportation, commerce has an important role to play and is regulation, but it's also, you know, innovation because i think there will be a l
so, first let me say i think this is an exciting area of commerce, the space commerce. i predict the next five to ten years we will see a lot more activity. and as a result we have to, i think we need a real whole of government approach to come up with our strategy around regulations in space commerce. i think there will be a lot more commercial opportunity in space commerce, and it will be important for us to encourage that innovation, but also regulate. and by the way, everybody has to play...
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May 9, 2021
05/21
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gina: space commerce.: so when you took the job, did you realize how many disparate things that you have to deal with? and did other secretaries of commerce who had this position before say, this is what you have to worry about? gina: i talked to many and i got terrific advice. i think that is what makes the job fun and hard, it is hard to learn about the details of fisheries, fisheries management, trade, census, space commerce, tarriffs, semiconductors, but for me it is intellectually fascinating. i would like to think if you put your back into it, you can have a big impact across a whole range of topics. david: when you decided to take this position, you called your mother and you said, guess what, i am giving up being governor of rhode island and i will be secretary of commerce. what did your mother say? gina: she is 90 now and she said, i hope you help biden. ♪ david: let's talk about your job of secretary of commerce. one is to represent the president's views to the community and the other is to repre
gina: space commerce.: so when you took the job, did you realize how many disparate things that you have to deal with? and did other secretaries of commerce who had this position before say, this is what you have to worry about? gina: i talked to many and i got terrific advice. i think that is what makes the job fun and hard, it is hard to learn about the details of fisheries, fisheries management, trade, census, space commerce, tarriffs, semiconductors, but for me it is intellectually...
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May 7, 2021
05/21
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today we welcome the secretary of commerce ms. gina raimondo and her first appearance to testify on the department of commerce is fiscal year 2000 with the two budget request. thank you for being with us today, madam secretary. the president fiscal year 2022 budget request proposes $2.5 billion increase to the department of commerce budget. the request focuses on american jobs, businesses and manufacturing as well as ensuring effective supply chain. the continuation of keeping america competitive and restoring america's position as a global leader and semiconductor production. the request invests in our future by increasing broadband deployment so everyone has the opportunity to participate in our modern economy and education system. requests also include initiatives and ocean research and services that will improve our resiliency to climb the chain and create jobs. our global competitors and adversaries will often seek to undermine or circumvent our trade laws, steal our intellectual property and impose retaliatory tariffs or oth
today we welcome the secretary of commerce ms. gina raimondo and her first appearance to testify on the department of commerce is fiscal year 2000 with the two budget request. thank you for being with us today, madam secretary. the president fiscal year 2022 budget request proposes $2.5 billion increase to the department of commerce budget. the request focuses on american jobs, businesses and manufacturing as well as ensuring effective supply chain. the continuation of keeping america...
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May 28, 2021
05/21
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more on e-commerce.andemic has fueled an e-commerce boom across the board with companies like shopify, wish and others rising to challenge establishments like amazon. but how long will this pandemic-driven e-commerce boom last? we bring in our next guest, who focuses on early stage digital economies and currently has over $9 billion in assets under management, hans tung. how long do you see this pandemic fueled momentum continuing? hans: people attribute the growth of e-commerce, especially u.s., to the pandemic. i think that's partially true. we are seeing a change of user behavior. most people are used to shop on smartphones and pay on smartphones. and the ease of ordering and delivering and even returning is making it a lot easier for you not to leave the comfort of your home and get things quickly done, efficiently, and have things sent to you and curated for you in a personalized fashion. what you see on these mobile shopping apps is becoming increasingly becoming personalized based on what you have
more on e-commerce.andemic has fueled an e-commerce boom across the board with companies like shopify, wish and others rising to challenge establishments like amazon. but how long will this pandemic-driven e-commerce boom last? we bring in our next guest, who focuses on early stage digital economies and currently has over $9 billion in assets under management, hans tung. how long do you see this pandemic fueled momentum continuing? hans: people attribute the growth of e-commerce, especially...
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May 9, 2021
05/21
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raimondo: based commerce.: when you took the job, did you realize how many things you have to deal with? did other secretaries of commerce a this is what you had to worry about? sec. raimondo: i talked with many, terrific advice. it's hard to learn about the details of fisheries, fishery management. trade. based commerce. tariffs. semiconductors. for me, it is intellectually fascinating. i would like to think if you put your back into it, you will have a big impact across a whole range of topics. david: you decided to take this position. you call your mother and say you're giving up being governor, what is your mother say? sec. raimondo: she is 90, and she said i hope you can help biden. ♪ ♪ david: let's talk about your job as secretary of commerce. historically, secretary would say i have two jobs. one to represent the president's views to the business community and the other to represent the business community's views to the president. both are not easy. do you have those perspectives as well? sec. raimondo:
raimondo: based commerce.: when you took the job, did you realize how many things you have to deal with? did other secretaries of commerce a this is what you had to worry about? sec. raimondo: i talked with many, terrific advice. it's hard to learn about the details of fisheries, fishery management. trade. based commerce. tariffs. semiconductors. for me, it is intellectually fascinating. i would like to think if you put your back into it, you will have a big impact across a whole range of...
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May 9, 2021
05/21
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my question for you is, if the commerce department's office of space commerce take some greater role in the regulation of space operations, what can you do or what would you do to make sure that the office maintains equal treatment to competitors, and stands firm on regulations and consequences, as opposed to becoming a pastor agency for almost any commercial launch idea? >> so, thank you for the question. i think this is an exciting area of commerce, of the space commerce, where i predict over the next 5-10 years, we will see a lot more activity. as a result, we have to, i think we have to have a real hold of government approach to come up with a strategy around regulations in space commerce. i think there will be a lot more commercial opportunity in space commerce. and it will be important for us to encourage that innovation. but also, regulate. everybody has to play by the same rules. not sure exactly what that article was. i've seen articles of certain entrepreneurs that think they don't have to follow the rules, and i think we have to be very clear that they do. my incoming depu
my question for you is, if the commerce department's office of space commerce take some greater role in the regulation of space operations, what can you do or what would you do to make sure that the office maintains equal treatment to competitors, and stands firm on regulations and consequences, as opposed to becoming a pastor agency for almost any commercial launch idea? >> so, thank you for the question. i think this is an exciting area of commerce, of the space commerce, where i...
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May 15, 2021
05/21
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another thing that we run -- that is in commerce. >> the area of commerce -- the secretary of commerce is an interesting position. when you took the job, we wrote did you realize all the different think you have to deal with? did you get any good advice to ? >> that is the job fine. it's hard to learn the details about fisheries, fishery management, trade, space commerce, tarasoff -- terrace, -- terrifs. >> when you called your mother and said i'm giving up her to become secretary of commerce, but did she say? >> i hope you can help fighting. -- handheld biden -- i hope and help biden -- i hope you can help biden. >> let's talk about your job as secretary of commerce, jobs are not easy. you see yourself as leah -- the business committee and the liaison for the business committee to the president? >> that is a big part of the job. i am very available to the business we want engagement. i legislation to president -- i bring that to the president. >> right now there is a shortage semiconductors -- of semiconductors. >> because of supply chain problems. we have become overly dependent. wha
another thing that we run -- that is in commerce. >> the area of commerce -- the secretary of commerce is an interesting position. when you took the job, we wrote did you realize all the different think you have to deal with? did you get any good advice to ? >> that is the job fine. it's hard to learn the details about fisheries, fishery management, trade, space commerce, tarasoff -- terrace, -- terrifs. >> when you called your mother and said i'm giving up her to become...
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May 15, 2021
05/21
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david: secretary of commerce is an unusual position.ou have some a different parts of the commerce department called by some knowers arc because you have -- noah's ark. the weather bureau is here. so many tariffs. when you took the job, did you realize how many different things you have to deal with? there are other secretaries of commerce -- did you get any good advice from people? >> i think that's what makes the job fun and hard. it is hard to learn about the details of fisheries, fisheries management, trade, commerce, tariffs. for me, that's into well -- intellectually fascinating. if you put your back into it, you can have an impact across a whole range of topics. david: when he decided to take this position, you called your mother and said guess what i'm giving up being governor of rhode island. what is she say? >> she's 90 now and she said i hope you can help widen. -- help biden. ♪ david: let's talk about your job as secretary of commerce. your job is to represent the president's views to the business community and the other job
david: secretary of commerce is an unusual position.ou have some a different parts of the commerce department called by some knowers arc because you have -- noah's ark. the weather bureau is here. so many tariffs. when you took the job, did you realize how many different things you have to deal with? there are other secretaries of commerce -- did you get any good advice from people? >> i think that's what makes the job fun and hard. it is hard to learn about the details of fisheries,...
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May 8, 2021
05/21
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raimondo: space commerce.so when you took a job did you realize how many different things you had to deal with? did you get good advice? sec. raimondo: i talked to many and i got terrific advice. i think that's what makes the job fun and hard. it is hard to learn about the details of fisheries, fisheries management, trade, space commerce, terrorists -- tariffs. if you like to think -- i would like to think if you put your back into it, you can have a wide range of topics. david: when you decided to take this position, you called your mother and said guess what i'm giving up being governor of rhode island? sec. raimondo: she's 90 now and she said i hope you can help widen. ♪ -- i hope you can help biden. ♪ ♪ ♪ david: let's talk about your job as secretary of commerce. one is to represent the president's views and the other is to represent the business views to the president. you have those two percent base -- you have those two perspectives. sec. raimondo: that is a big part of the job. i think it's important f
raimondo: space commerce.so when you took a job did you realize how many different things you had to deal with? did you get good advice? sec. raimondo: i talked to many and i got terrific advice. i think that's what makes the job fun and hard. it is hard to learn about the details of fisheries, fisheries management, trade, space commerce, terrorists -- tariffs. if you like to think -- i would like to think if you put your back into it, you can have a wide range of topics. david: when you...
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May 10, 2021
05/21
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CSPAN
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these countries need more commerce, jobs, private sector investment. and any way, big or small, that we can work together to do that, i would be eager to partner. >> your mission is terrific. we align with it completely. to have you saying these things in such a strong and clear manner is not just meaningful, but it carries the agenda for quite a while. thank you, madam secretary. we are partners in promoting the vision for the western hemisphere. all the things you're doing in central america and the caribbean and throughout the region, as we try to help the region come through a very difficult time in terms of the pandemic and vaccine distribution. i know your time is limited. i wish we could spend more time with you. with that, thank you again for your time. we will conclude this session. madam secretary, thank you so much. >> thank you for your work. i hope you're doing well. we will talk again soon. >> you got it. that will conclude our session with the secretary of commerce. terrific comments there. thank you again, madam secretary. announcer: co
these countries need more commerce, jobs, private sector investment. and any way, big or small, that we can work together to do that, i would be eager to partner. >> your mission is terrific. we align with it completely. to have you saying these things in such a strong and clear manner is not just meaningful, but it carries the agenda for quite a while. thank you, madam secretary. we are partners in promoting the vision for the western hemisphere. all the things you're doing in central...
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May 18, 2021
05/21
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CNBC
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have to show e-commerce is the wave of the future and the market doesn'ting to dragicing it down. i think the market is waiting to see. they're successful stores like macy's and others do deserve to trade at a higher multiple if they prove worthy of that multiple over time we're just starting to get a taste for what the post-pandemic world will look like and certain retailers were strong going into the pandemic during the pandemic and then stronger coming out others had to evolve during the pandemic i think the market wants to give a little bit more time to see if they can prove they're worthy of a higher multiple >> we're showing a graphic of your top picks in retail i wonder which retailers do you think are weaker during the pangd. -- pandemic. names that may have been brought up with the rest of the sector but don't deserve any sort of appreciation >> well, i think there's no question there's certain sectors, if you really look at fitness, if you look at the theater business, you know, they have been devastatingly hard they are much weaker than going into the pandemic. for obvi
have to show e-commerce is the wave of the future and the market doesn'ting to dragicing it down. i think the market is waiting to see. they're successful stores like macy's and others do deserve to trade at a higher multiple if they prove worthy of that multiple over time we're just starting to get a taste for what the post-pandemic world will look like and certain retailers were strong going into the pandemic during the pandemic and then stronger coming out others had to evolve during the...
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May 29, 2021
05/21
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CSPAN
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he is a member of the house energy and commerce committee, where he plays a leading role in drafting telecommunications, energy, environment, health care and interstate commerce policy, most importantly, for our purposes here today, congressman latta is republican leader of the house subcommittee on communications and technology. he is a member of the subcommittee on energy and subcommittee on consumer protection and commerce, which he chaired during the last congress. along with his committee positions, congressman latta is a deputy with" chairs -- and -- cap 80 went -- congressman latta is also a deputy whip. yogi berra famously said, he could observe a lot just by watching. i have been watching congressman latta for many years at his work, and i have observed that indeed his work has helped consumers. it has promoted innovation. it has promoted economic growth. congressman latta is married, he before i turn it over, i want to remind you that we welcome your tweets if you're so inclined. the handle for today's event is #fsfconf13. please feel free to tweet away. with that, congress
he is a member of the house energy and commerce committee, where he plays a leading role in drafting telecommunications, energy, environment, health care and interstate commerce policy, most importantly, for our purposes here today, congressman latta is republican leader of the house subcommittee on communications and technology. he is a member of the subcommittee on energy and subcommittee on consumer protection and commerce, which he chaired during the last congress. along with his committee...
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May 18, 2021
05/21
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lisa: did you talk about e-commerce sales?laughter] ritika: with the first word news, i'm ritika gupta. the biden adminstration has shifted its approach to the violence in gaza. president biden told prime minister budget not new -- told prime minister benjamin netanyahu he supports a cease-fire. since last week, benjamin not -- since last week, militants have fired rockets into israel, while israel has retaliated with air strikes and artillery. president biden has called for spending a little more than 2.2 trillion dollars. senator lindsey graham says a gop proposal should be as high as 900 dollars. republicans are opposed to using tax hikes to pay for spending. it would be amazon's biggest push into the entertainment so far. reportedly, the world's largest online retailer is in talks to buy mgm video. amazon could pay about $9 billion. mgm would help ulster amazon's prime streaming service. home depot posted stronger-than-expected results for the first quarter, he signaled that the home-improvement trend still has room to exp
lisa: did you talk about e-commerce sales?laughter] ritika: with the first word news, i'm ritika gupta. the biden adminstration has shifted its approach to the violence in gaza. president biden told prime minister budget not new -- told prime minister benjamin netanyahu he supports a cease-fire. since last week, benjamin not -- since last week, militants have fired rockets into israel, while israel has retaliated with air strikes and artillery. president biden has called for spending a little...
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May 27, 2021
05/21
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he is the ranking member of the house subcommittee on commerce and technology. this is hosted by the free state foundation. rep. latta: this is part of the annual -- this year we had to go virtual. as many of you know we are at the national press club for our annual press conference, and many of you have been with us, i promise you, i am hopeful we will be back next year. i am certain we will be. so far this year we have been delighted to have as part of our conference in these virtual events, an fcc chair, two fcc commissioner's, two ftc commissioners, a panel with academic board members, and now of course today we are delighted to have with us a key congressman who i will introduce in a moment. if you have not heard, this is the 15th annual free state foundation anniversary. we started in 2006. we are excited about that. some time before the end of the year, we will have a proper celebration of that key milestone. i know c-span is joining us today. we are always delighted to have our c-span audience with us, and we are grateful c-span is covering another free
he is the ranking member of the house subcommittee on commerce and technology. this is hosted by the free state foundation. rep. latta: this is part of the annual -- this year we had to go virtual. as many of you know we are at the national press club for our annual press conference, and many of you have been with us, i promise you, i am hopeful we will be back next year. i am certain we will be. so far this year we have been delighted to have as part of our conference in these virtual events,...
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May 14, 2021
05/21
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CNBC
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bode well for target and now when we look forward, target also has a strong essentials, strong e-commerce but the reopening is a strong play going forward so target is one that i really like at this time. >> grasso, you came in with the international angle. that what you're looking at next i hear that from a lot of people they're behind us in terms of opening so maybe that is the next place for value. >> yeah. for me, i'm in a stock called trin sayo tse and that has a higher leverage to the global economy or to europe versus the u.s. so look for stocks if you want to buy an etf, that is levered to europe reopenings, that is great. but look for your names that have an outside leverage to europe make 60% europe or 40% here and thereabouts. but you shouldn't look for domestic names like the home builders because there is too much headwinds for them. >> b.k., what i noticed in today's session was a lot of the commodities that had hit record highs coming off and i'm wonder field goal we're at a point where we're seeing elasticity, the pricing is getting high and we don't want to pay it and the
bode well for target and now when we look forward, target also has a strong essentials, strong e-commerce but the reopening is a strong play going forward so target is one that i really like at this time. >> grasso, you came in with the international angle. that what you're looking at next i hear that from a lot of people they're behind us in terms of opening so maybe that is the next place for value. >> yeah. for me, i'm in a stock called trin sayo tse and that has a higher...
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May 14, 2021
05/21
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BLOOMBERG
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commerce-wise, there is still potentially a lot of growth from overseas and even domestically, the commercebe growing within the 20%-30% range easily. tom: our senior tech analyst with a deep dive on alibaba's results. you can also turn to our youtube channel for more context on beijing's crackdown on its internet giants. watch red lines: china and big tech. the cdc says masks off for the fully vaxxed. policy plays it safe on the house floor. in asia, the reopening is harder than containing the virus. we will discuss that next. this is bloomberg. ♪ tom: the u.s. cdc says vaccinated people can ditch their masks as caseloads fall. and many asian countries, such advice would be unimaginable despite far fewer infections, but there are concerns some nations have become victims of their own success as they struggle to reopen to the world. let's bring in rachel, who leads our asia health care cut average. -- coverage. is the u.s. action premature in the view of some? >> there is a reaction to the fact that the u.s. has made such a big mandate, lifting the mask requirements for vaccinated people. t
commerce-wise, there is still potentially a lot of growth from overseas and even domestically, the commercebe growing within the 20%-30% range easily. tom: our senior tech analyst with a deep dive on alibaba's results. you can also turn to our youtube channel for more context on beijing's crackdown on its internet giants. watch red lines: china and big tech. the cdc says masks off for the fully vaxxed. policy plays it safe on the house floor. in asia, the reopening is harder than containing the...
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May 6, 2021
05/21
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CNBC
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the e-commerce section, just as an example, really, really grew last year, more than 50% for us over 2019. in april of this year, against last year's april, which was the first big pandemic month, we are up over 25%. some of that came at the expense of traditional channels like food the restaurants and things of that nature but we are beginning to see strength in all of our segments, even the ones that were hurt last year when businesses were closed without any real letup in e-commerce. >> what's pricing look in are you having trouble with supply or worker short ans. >> on the pricing side, wood fiber and recovered fiber, there has been upward movement in that energy and some of the chemicals that we use, petroleum derivatives for adhesives and things of that nature have gone up labor is difficult we have the ability to add shifts not all of our plants run 24/7 in the box business. hiring people has been a challenge. getting them trained and getting them to stay so we have been making up some of the capacity shortages with asking our employees to work some extra overtime. we have bee
the e-commerce section, just as an example, really, really grew last year, more than 50% for us over 2019. in april of this year, against last year's april, which was the first big pandemic month, we are up over 25%. some of that came at the expense of traditional channels like food the restaurants and things of that nature but we are beginning to see strength in all of our segments, even the ones that were hurt last year when businesses were closed without any real letup in e-commerce....
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May 26, 2021
05/21
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CSPAN3
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through the commerce clause, this is interesting, as we know the commerce clause regulates commuters between states. and the court is often said that a state cannot pass a law with which -- interferes with interstate commerce simply for the benefit of the state to use. a simple example, indiana cannot pass a law which says if you drive a trip through indiana, you have to get indiana plates when you drive through indiana. or you have to get it indiana drivers license. that would interfere with interstate commerce. that is the kind of modern and simple example. in louisiana, the louisiana legislature passes a law that says that steamboat and stagecoaches cannot have segregated seating. paul, who is the ship captain, he segregates madam to cure who is an african american woman of both french and african ancestry. and does not let her sit where she had been sitting, where she had paid for her seat. the supreme court says that the louisiana law is unconstitutional because it will interfere with interstate commerce. what it means is, when the ship comes into louisiana from tennessee, were
through the commerce clause, this is interesting, as we know the commerce clause regulates commuters between states. and the court is often said that a state cannot pass a law with which -- interferes with interstate commerce simply for the benefit of the state to use. a simple example, indiana cannot pass a law which says if you drive a trip through indiana, you have to get indiana plates when you drive through indiana. or you have to get it indiana drivers license. that would interfere with...
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May 4, 2021
05/21
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it -- commerce clause. to say that in the commerce clause there was no authority to actually put these folks and their percentage. this is a red hearing because the constitutional justification issue was raised by one senator during a legislative debate over the bill. in the supreme court had already had the interpretation of the act by the time it was passed. so we know that that is just overblown and not accurate. >> thank you, we are out of time. are there any members on the platform who had not been recognized and would like to be recognized? ok. i want to thank all of the witnesses. i want to remind all of my colleagues that pursuant to committee practices, with submission to the hearing records must be submitted in 14 days following the last day of the hearing. so by the close of business it will make 17, especially in microsoft's work format. the material submitted must address the subject matter of the hearing, and only a member of the subcommittee, or an invited witness makes materials for includin
it -- commerce clause. to say that in the commerce clause there was no authority to actually put these folks and their percentage. this is a red hearing because the constitutional justification issue was raised by one senator during a legislative debate over the bill. in the supreme court had already had the interpretation of the act by the time it was passed. so we know that that is just overblown and not accurate. >> thank you, we are out of time. are there any members on the platform...
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May 6, 2021
05/21
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one key group was missing, greater houston partnership, which is the chamber of commerce. >> there is group sticking out like a soar thumb for failing to speak up at a time of enormous consequence. right now, voting rights are falling like dominos in state as cross the country from georgia to arizona to right here in texas and yet, the largest chamber of commerce in the houston area is silent. >> that is the top elected official in harris county, texas singling out the largest chamber of commerce on their silence even when so many other texas business leaders are standing up saying they will not abide it. joining us now, the chief executive of harris county, the most pop luis county of texas. thank you for being with us. >> thank you. >> really taking aim at voters rights. >> look, it is very important for all of us to stand up against this but the business community is uniquely possessioned to make a difference. this is not a transient, quote/unquote political partisan issue. are you willing to stand up and fight for american democracy? i think of martin luj -- luther king jr. writin
one key group was missing, greater houston partnership, which is the chamber of commerce. >> there is group sticking out like a soar thumb for failing to speak up at a time of enormous consequence. right now, voting rights are falling like dominos in state as cross the country from georgia to arizona to right here in texas and yet, the largest chamber of commerce in the houston area is silent. >> that is the top elected official in harris county, texas singling out the largest...
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May 19, 2021
05/21
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CNBC
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joining us is president of commerce, bill ready, former coo of paypal and co of venmo and braintree.ill, good morning with an introduction like that, i do want to get these developments but with your extensive background, i have to ask you what you're making of the volatility in crypto currency and the sell-off that we're seeing this morning? >> i don't have anything to share on that specifically i think it's been interesting to see that it is a much wider range of choices in financial services and in the long term that's good for consumers but these things have uneven rises over time. >> but google pay has done integration into its platforms like gem my. you created venmo and at paypal when they were experiencing with it, broadly, not necessarily as it relates to google, but what do you make of this as a veteran in the payment space >> again, i think people are going to benefit as they have more and more choices. i think that's one of where a lot of innovation is happening, people benefit from more choices. we're bringing in more choices for consumers in the broader shopping ecosyst
joining us is president of commerce, bill ready, former coo of paypal and co of venmo and braintree.ill, good morning with an introduction like that, i do want to get these developments but with your extensive background, i have to ask you what you're making of the volatility in crypto currency and the sell-off that we're seeing this morning? >> i don't have anything to share on that specifically i think it's been interesting to see that it is a much wider range of choices in financial...
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May 14, 2021
05/21
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CNBC
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we don't just do e-commerce, we do offline commerce. if a brand wants to sell to modern consumers, they have to sell absolutely everywhere e-commerce still has massive runway remember, we're still sub 30% in north america. it is higher in the uk and higher in china. but e-commerce as a total of sales is really low. if you look at australia or new zealand. it's not a proxy for the rest of the world but does provide some insight because they're on the other side of the pandemic we have not seen any slowdown on shopify from consumers buying from our merchants in fact online remains at elevated levels in those places. >> what about new business launches, harvey do you think that has been driven -- pickup has been driven by the pandemic and could that even if it keeps going could plateau as we get back to normal. >> in 2020 the united states had a record amount of business registrations. we had a record number of new entrepreneurs enter the retail space more than ever before. certainly the pandemic did accelerate that. it acts as a catalyst
we don't just do e-commerce, we do offline commerce. if a brand wants to sell to modern consumers, they have to sell absolutely everywhere e-commerce still has massive runway remember, we're still sub 30% in north america. it is higher in the uk and higher in china. but e-commerce as a total of sales is really low. if you look at australia or new zealand. it's not a proxy for the rest of the world but does provide some insight because they're on the other side of the pandemic we have not seen...
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May 28, 2021
05/21
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CSPAN2
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process on commerce. and i know that he has amendments in this proposal. some of these have been available since 11, 12 hours ago. people have been talking about these amendments. so it is time for us to honor the request of our colleagues to move forward on a managers' package worked out by the leaders and the relevant chair and ranking member. so i object to the modification. the presiding officer: objection is heard to the modification. is there objection to the original request? the senator from florida. mr. scott: i'm joining my colleagues today to make a simple request. let the people see the bill. too often this body acts without due time given to hear from all the ones we represent, the american people. that is absolutely been the case this year as congress has rushed through massive 1,000 or 2,000-plus page bills spending billions or trillions of tax dollars without valuable input. now you ask us to vote on a massive bill compiled just this evening. that's wrong, and the american public know it's
process on commerce. and i know that he has amendments in this proposal. some of these have been available since 11, 12 hours ago. people have been talking about these amendments. so it is time for us to honor the request of our colleagues to move forward on a managers' package worked out by the leaders and the relevant chair and ranking member. so i object to the modification. the presiding officer: objection is heard to the modification. is there objection to the original request? the senator...
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May 20, 2021
05/21
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BLOOMBERG
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if you want to look at e-commerce, that is probably jd.wo and they have their own logistics system. others are basically something else. you need to look at for the number two player in gaming. it has new games coming out soon. we also recommend investors look at some stocks with major revenue coming from overseas markets. this is one company that first started their business in gaming and e-commerce in southeast asia, then expanded to the middle east and north america, so that is basically now we either suggest investors look at the stocks in position as number two in the chinese internet sector, or the business is maybe from overseas markets. >> we have baidu earlier this week. any chance they could make it to the top tech giants in china? they have been under pressure as well from the implosion. what do you make of baidu? >> baidu. it used to be our top pick. we think at this level, people should reconsider it, because the price is only the valuation for the advertising business, and i think it is priced near zero or a limited valuation
if you want to look at e-commerce, that is probably jd.wo and they have their own logistics system. others are basically something else. you need to look at for the number two player in gaming. it has new games coming out soon. we also recommend investors look at some stocks with major revenue coming from overseas markets. this is one company that first started their business in gaming and e-commerce in southeast asia, then expanded to the middle east and north america, so that is basically now...
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May 18, 2021
05/21
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BLOOMBERG
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the first is e-commerce. look at demand, is all about amazon, and those retailers that are left, embracing an omni-channel platform where they understand the need an e-commerce platform alongside a physical storefront. the other area will come rolling back is service retail. we are all going back to the gym, restaurants, and the movie theaters. one of the ways to play that is a company called epr properties. on the other side you have malls and office buildings. we are going to be using those a lot less because a lot of the activities we used to do there are being supplanted by technology that we have learned to use really deeply in our lives during the pandemic. shery: are we still going to want to move to the root -- to the suburbs? are these trends going to continue? scott: i think they are. they were already happening free covid. millennials are aging out of the cities. during the pandemic we saw people pulling forward that demand. think of a couple in new york city who just had a kid and they were going
the first is e-commerce. look at demand, is all about amazon, and those retailers that are left, embracing an omni-channel platform where they understand the need an e-commerce platform alongside a physical storefront. the other area will come rolling back is service retail. we are all going back to the gym, restaurants, and the movie theaters. one of the ways to play that is a company called epr properties. on the other side you have malls and office buildings. we are going to be using those a...
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May 27, 2021
05/21
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BLOOMBERG
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commerce secretary gina raimondo says the u.s. build six or seven semiconductor plans to help combat the global chip shortage. she spoke with bloomberg technology anchor emily chang. >> it's an economic security problem, and national security problem, and i have to say thank you to everyone that we have been engaged with. they have been great partners. and this will require public-private partnership. we can't do it -- government can't fix this problem alone. the private sector needs to be there and i think they will be. emily: gm announced it is restarting production at several plants that had been idled. meantime you had covid cases rising at taiwan, the heart of the semiconductor industry. will that impact supply, and will the u.s. do anything to help? gina: you put your finger on a fair problem, which is that we are heavily dependent on a company called tsmc, which is based in taiwan, for a high percentage of our semiconductors, which is exactly why we need to make semiconductors in america. you know, it would be our plan to b
commerce secretary gina raimondo says the u.s. build six or seven semiconductor plans to help combat the global chip shortage. she spoke with bloomberg technology anchor emily chang. >> it's an economic security problem, and national security problem, and i have to say thank you to everyone that we have been engaged with. they have been great partners. and this will require public-private partnership. we can't do it -- government can't fix this problem alone. the private sector needs to...
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May 2, 2021
05/21
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CSPAN3
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so i played football in the days when we played both ways at commerce high school. we actually left madison county schools and went to commerce my brother and had played football. and i played both ways. i played quarterback on offense and what today would be called cornerback on defense and it was a small school. so i played basketball and i ran track and i played centerfield and baseball so, you know, my world was occupied with sports, which i loved because i love to be outdoors. i like things physical. but at age 11 i learned to drive a car. and at 12 i was driving trucks in the field as well as mules and so i'm adventurous and i started to talk about my mother while ago because my mother was was a very confident person and a very outgoing person, but she had fears about things on farms and people get injured and so she was always over concerned about us. and so that caused me to be cautious which turned out to be good once i learned to be not overly cautious because to be a good fighter palette. you have to be very confident and very adventurous and risk-taking,
so i played football in the days when we played both ways at commerce high school. we actually left madison county schools and went to commerce my brother and had played football. and i played both ways. i played quarterback on offense and what today would be called cornerback on defense and it was a small school. so i played basketball and i ran track and i played centerfield and baseball so, you know, my world was occupied with sports, which i loved because i love to be outdoors. i like...
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May 8, 2021
05/21
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CSPAN3
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on a farm between athens and commerce, georgia. this was kind of growing up in the 50s. i was born in 1943. so growing up in the 50s on the farm. my grandfather been a farmer he would we lived with him or he lived with us. we moved in my grandmother died and kind of took care of my grandfather and he was kind of winding down on his farming days, but we still had mules he had a paramules when mules when i was real young. eventually, we sold off he sold off the paramils and we had one mule that we used for gardening and we had a full acre of garden. so there was always a lot of work to do there and then we did some farming ourselves. so we grew corn and some hay and some wheat and some oats from time to time and as a 12 and 13 year old boy, i was plowing that mule and the garden and in the cornfields and so on so i have before i surely before i flew supersonic jets. i was on the south end of a northbound mule. so it was a unique experience you think about plowing mules and people have been doing plowing oxen for thousands of years and there i was in doing that and then fly
on a farm between athens and commerce, georgia. this was kind of growing up in the 50s. i was born in 1943. so growing up in the 50s on the farm. my grandfather been a farmer he would we lived with him or he lived with us. we moved in my grandmother died and kind of took care of my grandfather and he was kind of winding down on his farming days, but we still had mules he had a paramules when mules when i was real young. eventually, we sold off he sold off the paramils and we had one mule that...
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May 27, 2021
05/21
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CSPAN2
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so as you are chair of the urban chamber of commerce mr. newsome, how are minority-owned businesses working to ensure that workers of color and the hospitality and tourism industry have not left behind and you talked about it a little bit, specific things we may do and some of this community to be sure that we keep our small business is growing every which way we can? >> i give very much for that, senator rosen. as you note 2008 i eight i was grossly impacted by losing 60% of my business which we spent a lot of time working with construction firms and working with and hospitality industry. one of things that's really important is to keep investing, keep investing in the workforce, keep investing in tourism. really investing in the jobs act because building the infrastructure is really what help navigating make a turn for the better when it came to small and minority firms and when it came to rebuilding our economy. because as you know we passed a fuel tax. we built a stadium. we build a new convention center. those things brought back jobs.
so as you are chair of the urban chamber of commerce mr. newsome, how are minority-owned businesses working to ensure that workers of color and the hospitality and tourism industry have not left behind and you talked about it a little bit, specific things we may do and some of this community to be sure that we keep our small business is growing every which way we can? >> i give very much for that, senator rosen. as you note 2008 i eight i was grossly impacted by losing 60% of my business...
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May 4, 2021
05/21
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CNBC
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almost all all use e commerce, right?re in the financial services industry to some degree many of the largest companies in each of the retail e commerce, health care, manufacturing, transportation and logistics are large customers of zebra. >> look, i'm adamant every time this stock has come down, i have pounded the table because you're in probably the secular growth speed sweet spot for e commerce and for health care, for retailers, for brick and mortar, for the post office, for everybody and of course, for the largest e commerce players that we all love. anders, congratulations on a major, major win quarter fantastic job. good to see you. >> thank you so much. >> guys, you're getting it this is what i'm talking about at the top of the show you get zebra. they'll be fantastic and they will say why was i able to get it at a discount the craziness of the market. take advantage of it "mad money" is back after the break. >> just chill out. >> is this chill master j? >> the chill man is in the house, he's happy. >> the lightn
almost all all use e commerce, right?re in the financial services industry to some degree many of the largest companies in each of the retail e commerce, health care, manufacturing, transportation and logistics are large customers of zebra. >> look, i'm adamant every time this stock has come down, i have pounded the table because you're in probably the secular growth speed sweet spot for e commerce and for health care, for retailers, for brick and mortar, for the post office, for...
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May 3, 2021
05/21
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CNBC
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the stock lost the mojo despite the non-stop boom in e commerce. early last december they decided to spin off the faster growing logistics business to make the story simpler and easier to digest it was a very smart move and sure enough the rally roughly 56% since then but as we get close to the actual breakup, we got to learn more about the business being spun off it's going to be called gxo logistics. after the close that combined company reported excellent top and bottom and driven by the soon to be separate logistics you can own. it will be very enticing let take a closer look with the malcolm wilson, the ceo in europe named as the new ceo of gxo logistics spin off to get a better sense welcome back to "mad money." >> thanks for having me on the show, jim. >> okay. so malcolm, we need you to explain because we've been huge supporters when the stock was at the 20s but now we've got a business that we like and maybe it's even bigger than we think what parts of xpo logistics business are becoming gxo? >> so xpo is going to spin off its logistics bu
the stock lost the mojo despite the non-stop boom in e commerce. early last december they decided to spin off the faster growing logistics business to make the story simpler and easier to digest it was a very smart move and sure enough the rally roughly 56% since then but as we get close to the actual breakup, we got to learn more about the business being spun off it's going to be called gxo logistics. after the close that combined company reported excellent top and bottom and driven by the...
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May 29, 2021
05/21
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CSPAN3
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he turns it in to the chamber of commerce, but the board says no we can't run this. it's too incendiary. so i'd goes to complain to the board of directors. he goes into the room. he sees a group of of man in their 70s and as ed is trying to make his case to run the article it dawns on him that he's probably talking to men who participated in the riot 50 years ago. so next he takes his article to the tulsa world. he knows an editor there he tries to get the tulsa world to publish the article, but the editor says we wouldn't touch this within 11 foot paul finally and takes it to a black magazine and it's published in. greenwood 15 years after that the tesla metropolitan ministry and interfaith group decides that it's going to have a public recognition of the riot a public commemoration and so it begins to plan and organize but starts getting feedback from its members. it says you can't do this. it's it's dangerous to talk about the riot you it's not the right thing to do, but they press ahead and they decide to have a commemoration of the riot with one provision. they
he turns it in to the chamber of commerce, but the board says no we can't run this. it's too incendiary. so i'd goes to complain to the board of directors. he goes into the room. he sees a group of of man in their 70s and as ed is trying to make his case to run the article it dawns on him that he's probably talking to men who participated in the riot 50 years ago. so next he takes his article to the tulsa world. he knows an editor there he tries to get the tulsa world to publish the article,...
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May 19, 2021
05/21
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CSPAN2
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last week the commerce committee held a markup to consider this legislation. we considered hundreds of amendments and adopted over 100 of them into the reported bill, including over 20 bipartisan separately introduced bills, a markup -- the markup at times was challenging, but in the end the bill passed the committee on a bipartisan 24-4 vote. the endless frontier act will enhance u.s. science and technology leadership through key investments in r&d, regional economic development and manufacturing. the bill will accomplish these goals in the following ways. first, madam president, it will preserve the core basic research mission of the national science foundation. the n.s.f. is the world ace gold standard for funding basic research, a sector that fuels new waves of innovation across our society. basic research answers the fundamental questions of scientific inquiry needed to develop major innovations. the internet, g.p.s., cell phones and many other breakthrough technologies have their origins in national science foundation funded research. the endless frontie
last week the commerce committee held a markup to consider this legislation. we considered hundreds of amendments and adopted over 100 of them into the reported bill, including over 20 bipartisan separately introduced bills, a markup -- the markup at times was challenging, but in the end the bill passed the committee on a bipartisan 24-4 vote. the endless frontier act will enhance u.s. science and technology leadership through key investments in r&d, regional economic development and...
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May 19, 2021
05/21
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CSPAN2
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i talked to the secretary of commerce about this.i think they're doing everything they can to work with you. >> she has been very supportive, yes, sir. >> to see if we can't begin to get people thinking about visiting us, and sooner rather than later. >> our teams have their work cut out for them after this hearing. next, i would like to recognize via web-x senator blackburn. >> thank you, madam chairman. mr. talbert i want to come right behind with what senator blunt was talking about, with getting people back on the process. in your testimony you said we have the right protections to safely restart international travel, but lack clear, public health benchmarks or definitive timeline to reopen. now, in tennessee, this is something we hear a good bit about. why has cdc, d.o.t., dhs not come up with a road map to facilitate international travel? why have they not come up with the protocols and the pathway for this? and could you tell us when these agencies are going to come together and develop this plan that would be effectively comm
i talked to the secretary of commerce about this.i think they're doing everything they can to work with you. >> she has been very supportive, yes, sir. >> to see if we can't begin to get people thinking about visiting us, and sooner rather than later. >> our teams have their work cut out for them after this hearing. next, i would like to recognize via web-x senator blackburn. >> thank you, madam chairman. mr. talbert i want to come right behind with what senator blunt...
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May 18, 2021
05/21
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a senate commerce committee shows international travel to u.s. has been affected by coronavirus pandemic. here's a look at what's live on our website, c-span.org former homelands security officials testifying about possible intelligence failures leading up to january 6th attack on u.s. capitol. there's also it this sad health committee with paid leave options for working families. and the house oversight and reform committee continueses i review of prescription drug pricing with testimony from the ceo of avi farm pharmaceutical company hearings at 10 a.m. eastern. next comparison of the trump and biden administration policies with formaller acting deputy u.s. trade representative wendy cutler she also talks about what trade could look leak after the coronavirus pandemic. and suggest actions that would not need congressional approval. this is hosted by
a senate commerce committee shows international travel to u.s. has been affected by coronavirus pandemic. here's a look at what's live on our website, c-span.org former homelands security officials testifying about possible intelligence failures leading up to january 6th attack on u.s. capitol. there's also it this sad health committee with paid leave options for working families. and the house oversight and reform committee continueses i review of prescription drug pricing with testimony from...
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May 5, 2021
05/21
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CNNW
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with e-commerce that runs at the speed of now. next day and two-day shipping nationwide, and returns right from the doorstep. it's a whole new world out there. let's not keep it waiting. it's a whole new world my garden brings us together. my garden is my therapy. find more ways to grow at miracle-gro.com. go with simparica trio it's triple protection made simple! simparica trio is the first and only monthly chewable that covers heartworm disease, ticks and fleas, round and hookworms. dogs get triple protection in just one simparica trio! this drug class has been associated with neurologic adverse reactions, including seizures. use with caution in dogs with a history of these disorders. protect him with all your heart. simparica trio. biden: when i think about climate change, protect him with all your heart. the word i think of is jobs. vo: and these aren't just the jobs of tomorrow. they're the jobs of right now. good paying jobs to modernize our infrastructure. in manufacturing. construction. engineering. they're in our cities..
with e-commerce that runs at the speed of now. next day and two-day shipping nationwide, and returns right from the doorstep. it's a whole new world out there. let's not keep it waiting. it's a whole new world my garden brings us together. my garden is my therapy. find more ways to grow at miracle-gro.com. go with simparica trio it's triple protection made simple! simparica trio is the first and only monthly chewable that covers heartworm disease, ticks and fleas, round and hookworms. dogs get...