The committee will come to orderment good morni o order. Good morning to everyone. Without objection the chair is allowed to declare a recess at anytime. Ill recognize myself for my Opening Statement. Im honored to be conveeting todays hearing, my very first as chair woman. As we continue to mourn the loss of our friend and colleague, elijah cummings. I am mindful of his life long mission to seek not only common ground, but higher ground. With that in mind, im very pleased to hold today tfs hearing on an issue we have been fighting for for many years, the need for comprehensive paid family and medical leave. Its important for people to understand the Current Situation in our country. Right now, were one of only two nations in the world that does not provide our workers with any form of paid family or medical leave. The United States and papua new guinea. I remember when i was pregnant with my first child and i asked my offices about leave policy. And do you know what they said . Leave,
House Economic Advisor larry kudlow someone we know and love worked here a long time. Saying that the u. S. And china are getting close to an agreement. He described the talks being very constructive in his words saying the mood music is very nice that has not always been so in these things. He sded that the president is not ready to sign the deal just yet. Also getting word in china, vice premier lu will be holding principal level calls today we are up 60 points about all it is worth, i would say. Right now, hong kong confirming overnight that they have plunged into the first recession in a decade. That marks the second straight quarterly decline. The Financial Hub has been suffering from violent protests, the u. S. china trade war the week of rage continues to boil over. Well get over to matt bradley for more on that andrew, yes you are right. This has been six months of protests this started with the extra diction bill that started over the summer that has been drawn. You can see un
Meet the whistle blow and his sources. Why critics fear the ongoing fight could stall some of the president s agenda. Were live at the white house with the latest. Fair, paytoplay. Top College Athletes in california on the bring of potentially making a profit before going pro. Well talk to congressman Anthony Gonzalez a former colts wide receiver what the move could mean for the business of College Sports. Deep discounts on luxury living. Mortgage rates dropping but so are the value of highend homes. Were taking you inside one of those lavish homes later this hour. Melissa it is pretty. Fox Business Team coverage. Keeping track of todays top stories. Deirdre bolton on the floor of the new york stock exchange, blake burman at white house, Edward Lawrence is live in d. C. And phil flynn watching oil from the cme. Deirdre, kick it off. The dow closed in the green. If you look at apple was the standout star. Jpmorgan raising a price target to 20 higher than where apple closed on friday, sa
[inaudible conversations] the committee will come to order. Good morning, and welcome to our witnesses, several of whom have traveled the considerable distances to be here today for this important hearing on paid family and medical leave. Before we move to our scheduled committee business, i want to take a moment to acknowledge the recent tragic passing of pamela moomau, a valued member staff of the staff of the joint committee on taxation for over 28 years. A reminder, again, of the considerable talent that exists sometimes outside of the glare of publicity. Pamela began her career at the joint committee on taxation in may of 1991, and over the years applied her skill on many legislative issues, both large and small. Her colleagues on the joint committee on taxation have said that pam was tireless in her dedication to the work of the joint committee, and that she readily accepted projects that were analytically difficult and often data deficient. She was in her office cheerfully worki
Mr. Orourke also announced that he will continue his run for the democratic president ial nomination in 2020, after temporarily suspending his campaign. This is just over 35 minutes. [marching band playing in distance] [crowd talking] mr. Orourke good morning. Buenos dias. Isnt it beautiful to hear the el paso high band practicing behind us . We may hear the strains of the next song coming through over the course of this conversation , but i was just thinking about the fact that charlotte and i, raised by melissa and pat and our sister aaron grew up four blocks from here and when i would walk to el paso high i would walk through this park, climb over this wall, and make my way to the side of this mountain and see chris and jim and robert and our friends at el paso high, and its definitely a part of who i am. Helped to form me and shape me , and makes me proud of this community, who we are, looking out at everyone who has taken the time to be here this morning. I just want to begin with