Coasttocoast starts now. Neil two huge things we are watching that could impact your capital and one has to do with the Federal Reserve, and the other with the speaker of the house, not staying in the job much longer, republican congresswoman Marjorie Taylor greene said she will move to oust mike johnson. First what the fed does and how it claims what it does later this day. Potentially market moving develop and, jonathan 14 on the more immediate one. Thank you for joining us. If we get what we expect, the Federal Reserve opting for the sixth meeting in a row, details are in the q and a, what are you expecting . What the plan is supposed to be, the fed keeps it where it it is. They are dated dependent and track geopolitical issues and economic issues, and it is a benign statement, so they dont give us any indication of rate cuts. If they go outside of that script. Thats when the market gets a lot of volatility. But the fed is smart enough to know with all the of who issues going around
For republicans, the house passed gop bill to overcall the nations tax code, mike pence praised the move. America has momentum. People at the Tax Foundation in order to turn this momentum into sustained Economic Growth you know theres one more policy more important than anything else. Donald trump and i will be fighting every day to pass the largest tax cut in American History and we will do it is your. Maria the Senate Finance committee voted in favor of its own bill, lawmakers facing an uphill battle, the full senate expected to vote on the bill a week from monday. The house built didnt stop surging, indicating a full back at the opening of trading after triple digit move yesterday, the industrials opening 30 points, fractional bill, nasdaq is up by a fraction. Donald trump tweeting on passage saying great numbers on stocks and the economy if we get tax cut and reform, we will see Great Results in europe major averages look like this, it is a mixed story. The s p down a fraction, the
Check on the welfare of someone. They found a man quote in crisis at the time would not come out of the house. Now at some point police confirming to us that shots were fired in their direction. The swat team came here. They brought a bar cat Armored Vehicle to pick up neighbors as you mentioned to move the neighbors out of the scene to get them away from this street and this neighborhood. Negotiates have been trying to communicate with the man now for hours even just a few seconds ago were hearing them say come to the door, come to the window lets talk about this. We do not know at this point if the span responding. We can tell you that neighbors are saying that the man lived there lives there with some other people. They apparently rent that home. They have not lived there very long. And they have not caused any problems but again its believed the man is in the house by himself. Again, the alarm came because we heard and Police Confirmed that shots were fired in their direction. No i
Tapering off to showers. Also notice that our temperatures arent really going to go anywhere today. 68 degrees by 4 00. As we head into the afternoon, it will just be clouds and a few patches of drizzle and light showers. Not the steady rainfall that we have right now. So temperatures are only going to go up about 10 degrees for most of us throughout the afternoon. Its 59 right now in fairfax and arlington. 59 in germantown and 60 in spring field. But a gorgeous weekend is on the way. Well talk about that coming up in the first alert sevenday forecast. Andrea, back to you. Tank you, erica. Heres whats in the news right now. The United States and its arab allies continue to strike isis targets in syria. Yesterday president obama delivered a speech before the United Nations General Assembly appealing for a united front in the effort to destroy the terror group. The u. N. Security council also unanimously approved a resolution to crack down on the recruitment and travel of terror fighters
Started to replace the water main. We believe that as a result of the work somehow the bacteria got into the system. We caught it as part of our protocols for sampling. Reporter the San Jose Water Company is providing free bottled water for any of the residents in the impacted area at fire station 19 located on sierra road. At this point, however, there is no estimate as to when all this is going to be fixed. First reports started on friday night so thats friday night, saturday night, sunday night, monday night, four nights going in a fifth night no end in sight but they are working on it. Lets hope they fix it. Thank you. Only the state can give the all clear to lift that boil notice. The California Department of Water Resources is monitoring the situation. A new feud between the San Jose Police union and the mayor. Kpix 5 reporter len ramirez on the allegations that recruits are encouraged to drop out of training academy. Reporter she still has her San Jose Police recruit uniform but