The presiding officer a quorum is not present. Mr. Mcconnell ask to instruct the sergeant to request the presence of senators and ask for the yeas and nays. The presiding officer is there a sufficient second . There is. The clerk will call the roll. Vote vote the presiding officer anyone wishing to vote or change their vote . If not the ayes are 79, the nays are 14. The motion is agreed to. A quorum is present. Mr. Mcconnell mr. President . The presiding officer the majority leader. Mr. Mcconnell mr. President i move to table amendment number 2329. The presiding officer the question is on the motion to table. All those in favor say aye. All opposed no. The ayes appear to have it. The ayes do have it. The motion is agreed to. The democratic leader. Mr. Reid i raise a germaneness point of order against amendment 2328. Ill repeat that. I raise a germaneness point of order against amendment 2328. The presiding officer the point of order is sustained. The amendment falls. The question now o
The speaker pro tempore the house will be in order. The chair lays before the house a communication from the speaker. The speakers rooms, washington, d. C. July 27, 2015. I hereby appoint the honorable Carlos Curbelo to act as speaker pro tempore on this day. Signed, john a. Boehner, speaker of the house of representatives. The speaker pro tempore pursuant to the order of the house of january 6 2015, the chair will now recognize members fromliesed submitted by the majority and minority leaders for morning hour debate. The chair will alternate recognition between the parties with each partied limited to one hour and each member other than the majority and minority leaders and minority whip limited to five minutes, but in no event shall debate continue beyond 1 50 p. M. The chair now recognizes the gentleman from texas mr. Poe, for five minutes. Mr. Poe mr. Speaker, an armistice was signed 62 years ago today to signify the official end of the korean war, it was july 27, 1953. This first
Other sister agency. Its a meritorious move. You said is, quote, good people operating in a flawed system. Would you explain that . Sure. There is a misalignment between the incentives that a person giving advice has and the best interest of the consumer. So, for instance, again, getting back to the tofels, if you have four or five different products under the current suitability rule that are suitable and product the first product, the variable annuity generates 26,000 a year in fees and another product, which would have a comparable return has a fraction of those fees, you have per verse incentive to steer them to the product that generates the most fees. And again, that is totally permissible so im not casting aspersions on the person that does it. Im saying thats not right. And we can device a system and i underscore what i said in my testimony, theres a substantial number of people, including one of the witnesses who will come up on the next panel, that operate under a fiduciary m
Inadequate on almost every level. Senator mark warner blasts twitter for presentation as big tech faces mounting political pressure. More details as the battle lines on the details of the plan are drawn. The president will speak about taxes live later on this morning. Markets continueto make history. The s p posted record close on thursday heading into the final session. The dow and s p on track for eighth consecutive positive quarter. Nasdaq going for five straight. It is edging out with a gain in q 3. Jim, we made it through almost september. Whats extraordinary, i have been going through the charts because i love the charts. Things were bouncing around fairly positively. Then we got to the month of september. We have had moves on a lot of stocks. They came in in august. Its a truck parts company. There were so many doubles of industrial companies, smaller cap companies, Tech Companies, drug companies. When you see these moves you keep thinking this has got to be the greatest bull ma
And also a cnbc contributor. And a writer for your favorite newspaper, the new york times. There are some things from the federal reseventh. Reserve a lot of openings i l a lot of openings. And in three weeks, the president will make a decision on whether janet yellen stays or thats right. Usually the new president gives the old fed chief a a carry over. Hes a real estate guy. She has done well on starting the exit and she has done well in terms of her relationship with the president other people are eager, theyre being promoted from different circles, including up here in new york you look like the head of the he looks like he could be a ceo. Yeah. Thank mean, if thats all it took, you would be shoein same color hair as janet yellen 2529 on the s p did you see that yeah. Equity futures indicated higher this morning. Take a quick look at that. Overnight in asia, we did see positive news. There is this country up 2 on the s p. Dow jones indicated 4. Big gain yesterday for the dow jones.