The Senate Banking committee where treasury secretary steve new chin testifying on the treasury mnuchin testifying on the annual treasury report. We called thousands of Small Businesses in the state of nevada. Hundreds were on the line, questions were asked specifically what this new tax bill, what do you anticipate your Business Practices will be for this year . 90 , 90 of the Small Businesses in nevada said they were planning on expanding their business. That they are going to hire more employees. They are going to provide bonuses, pay raise, and increase their minimum wage for their business. The 0 90 said they would do parts, all, or some. It wasnt a professional survey, i was pleased to know that what the white house and what your department attempted to do in december, i do believe were being delivered on what were seeing in the state of nevada. We have had south point casino, said its going to double its 2,300 fulltime workers bonuses. Fountain blue, developers, said they are go
Treasury secretary Steven Mnuchin delivered the annual stability Oversight Councils report at a hearing at the Senate Banking committee on tuesday. Topics also included russian sanctions, tax reform, the debt ceiling and cryptocurrency. This is two hours and 20 minutes. This hearing will come to order. Today, treasury secretary Steven Mnuchin will testify on Financial Stability Oversight Councils 2017 annual report and the operations and actions of this congress. In december of last year, issued the 2017 annual report in which it provided numerous recommendations, insights into the councils key activities and identified potentially merging threats to Financial Stability. One of the rejss urged congress to reform the Housing Finance system and boost the role of private capital in morning finance. Ive repeatedly stated that the status quo is not a viable option and reforming the Housing Finance system is one of my key priorities. Testifying before the Banking Committee last year, secreta
Year to raise the debt ceiling. We go to the Chairman Committee s senator mike crapo. The chair brings the meeting to order. Today, the secretary of pressure ri Steven Mnuchin is going to testify over the 2017 report. In december of last year, fsoc issued the and report in which it gave numerous re recommendations, and identified potential emerging threats to Financial Stability. One of the recommendations urged congress to reform the Housing Finance system and boost the role of private capital in mortgage finance. I have repeatedly stated that the status quo is not a viable option and reforming the Housing Finance system is one of my key priorities. Testifying before the Banking Committee secretary mnuchin reaffirmed the commitment to work with to us find a solution and stressed the importance of finding a balance of ensuring strong Taxpayer Protection and ample access to credit. Four years ago, a Bipartisan Group of senators passed a Housing Finance reform bill in this committee. We
A member of the north swilling dynasty kim jong uns sister whats behind her diplomatic trip across the border. Plus unloved and unemployed germany social democrat leader Martin Schultz rejects a top ministerial post just days after he negotiated his partys return to government thats after the partys base signaled that they could refuse to ratify this Coalition Deal. And refusing to wave goodbye to europe at a new campaign convinced the u. K. s brags it will republic to back a second referendum. Im sorry kelly welcome to the Program Thanks for joining us in south korea the twenty third Winter Olympics has officially begun after an extravagant Opening Ceremony thirty five thousand. People packed. Stadium to watch the ceremony which kicked off the games in style along with an artistic performance spectators saw the athletes perception with sports stars from north and south korea walking out together under the flag of the korean peninsula. The president in that officially opened the Winter
A top ministerial post just days after a new goes easy his partys return to governments to the partys base signals they could refuse to fight his Coalition Deal. On a welcome north Korean Leader kim jong un has advice that south korean president and to pyongyang that this would be the first meeting of Korean Leaders in more than a decade south korea says kim jong uns sister can deliver the invitation at the president ial palace in seoul shes visiting the south as part of a delegation attending the Winter Olympics president moon spokesman said the south Korean Leader had responded to the advice calling from both sides to builds the conditions needed for the business. A home or in this town when it crossed over to our correspondent jason strawberry who was near the site of the olympic thing got none in south korea how significant is this invitation by the north Korean Leader kim jong un are we going to have peace by the end of the olympic games. That would be very optimistic but it certa