Current and former ntsb chairs who provided safety recommendations. Both of these accidents were entirely preventable. We cannot fathom the pain experienced by the families of those 340 six human beings who were lost. Many family members were here today and we appreciate their attendance. Themreciate many of meeting with members of the committee. Committee, if this promise their loved ones that we are working to obtain a full answer as to how to prevent future tragedies. ,hese families deserve answers accountability, and action. Deserves no less. Involved inaircraft both accidents is the 737 max 8 manufactured by boeing. International aviation safety regulators begin grounding the plane the day after the ethiopian crash. On march 13, federal Aviation Administration formally grounded the aircraft. The return to service is contingent on boeings work with the faa to test and certify fixes to the Flight Control system. Activated during both crashes. In order to return to service, Internati
Someone thought there was a method to this madness we are back on the first floor you should watch this show just to see what goes on on times square take my word for it, there is stuff that goes on out there you dont want to miss you got to be 18 for some of this stuff we are ready to go. Brand new set. It is good to be here. We thank everyone for the love beautiful coloring and lights nothing was spared in terms of money for this. Look at this it looks like we are going to take off here. An elon musk designed set. We have that Federal Reserve Board Meeting coming up. Well hear that decision in a couple of hours. In the meantime, you are watching the futures dow indicated up by about 14 points nasdaq by about one point. Nasdaq up about one point. We touched a high yesterday and gave it back a little bit. Still looking at the s p a couple of points off the alltime high. Dow futures indicated up by 16 looking at the treasury market, still looking at the 10year yielding up to 1. 83 somet
This hearing will come to order. Thank you all for being here today. One year ago today lion air, flight 610 crashed into the sea shortly after takeoff from jakarta, indonesia. All 189 people on board perished. Five months later Ethiopian Airline 302 departed out of ethiopia just like lion air flight 610, ethiopian flight 302 experienced problems shortly after takeoff and crashed. All 157 persons on board died. Both of these accidents were entirely preventible. We cannot fathom the pain experienced by the families of those 346 human beings who were lost. Many family members are here today and we appreciate their attendance. I appreciate many of them meeting with members of the committee over time. As chairman of this committee i promise their loved ones that we are working to obtain a full answer as to how to prevent future tragedies. These families deserve answers, accountability, and action, and the public deserves no less. The type of aircraft involved in both accidents is a 737 max
Their borders and how to regulate them. Worst of all, the socalled Clean Power Plan would have barely reduced Carbon Emissions. It would have crippled our economy and done very little, if anything, to help the environment. President obamas plan wasnt just bad policy, it was illegal. 27 states, including wyoming, filed a lawsuit to stop the regulation. The Supreme Court ruled that obamas e. P. A. Went way beyond its legal authority. The court blocked the overreaching rule. Now President Trump has put forward a commonsense replacement to protect americas air. The Affordable Clean Energy rule follows the law and is good news for the people of wyoming and the rest of the country. It recognizes that the e. P. A. Is not supposed to pick winners and losers. Under the new rule, power plants can make reasonable changes like improving efficiency. The rule promotes the use of clean technologies, cleaner technologies to generate electricity so Energy Companies can modernize their power plants with
Dan noyes has been on the pg e beat, and he joins us with the latest developments. Dan . Ama and dion, it took two twt days for pg e to announce another one is probably on this way this week. The reaction to pg es announcement of more blackouts, the second round this month was fast and angry. What pg e is supposed to be doing is taking the billions of dollars we have been giving them and trimming the trees and taking care of their grid so we dont have to have these shutoffs in the first place. Just this past friday, a parade of pg es top executives appeared before the California Public Utilities Commission to defend the blackouts two weeks ago that affected more than 700,000 customers. Pg e president and ceo bill johnson described the longterm outlook for what the Company Calls Public Safety power shutoffs, or pspss. Our goal over the next ten years is to eliminate these kind of psps events. Ten years of blackouts does not sit well with the governor, some lawmakers and state rate payer