He had a republican support. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] the committee will come to order before we get started i want to give her deepest condolences of those impacted by the tragic shooting in florida our hearts go out to all victims and loved ones you are in our prayers. The committee is honored to welcome him stephen min nguyen following the Budget Proposal from the Treasury Department we appreciate your time and look forward to your testimony our communion committees annual meeting we have a lot of important work ahead of best when you were here last year you told us the number one priority was Economic Growth for america now we share that priority especially on tax reform. Last year working together with you President Trump in the senate to successfully overhaul for the first time in 31 years years with the tax cuts and jobs act we have a to deliver more jobs and taxes with paychex to americans nationwide
Members will have five days to submit material for exclusion in the record. The hearing is for receiving the secretary of the treasurys oversight. Mr. Secretary this is your first appearance before the house after the tax cut and jobs act has been signed into law. On behalf of the majority we are grateful to you and the president for your leadership and to help make this act signed into law that is historic. After eight years of failed policy that led to the slowest and weakest recovery the economy is starting to take off and wages are growing. Consumer optimism abounds. Its ironic but predictable that equity markets would swoon over the prospects of highest Interest Rates and inflation associated with Economic Growth. Low Interest Rates may have benefited some on wall street but not helpful to main street. We knew the fed would face challenges when the economy took off. If youre listening, good luck chairman, you volunteer for the job. Today the economy is getting stronger due to poli
To friends of the victim. Reporter and they all say he was a kind and wonderful guy and theyre deeply grieving about his untimely passing. He was a father of two. He passed away after being hit by a hitandrun driver at this gas station on monday afternoon and an intense manhunt continues tonight for the hitandrun driver who never stopped and looked back at what hed done. Local police and Mercer County prosecutor need help in finding the suspect who left man to ultimately die. Charles nevius jr. Resided in trenton but he was most popular here in Lawrence Township where he long worked as a gas attendant at this quick check. A hitandrun driver struck him monday afternoon while he was trying to flee a separate hitandrun of a vehicle seconds earlier here on the stations lot. Witnesses say negative yes was trying to say nevius was trying to stop the driver. The Good Samaritan known as simply chucky the father of two passed away the next day at age 28. Him trying to intervene with a Traffic O
Dashing in the rain. Dont put away those um blel las, youre going to need them soon. Marching as one. A parade for pederson, the eagles coaches hometown gives him another championship celebration. Right now at 6 00, a soaking saturday with off and on rain for most of the day. Its not going to dry out any time soon. Were starting to get used to the wet weekend. This is the fifth straight weekend with rain or snow. Right now, this is a live look down a dreary broad street, and from atop the loews building. Youll need your umbrella tonight and again tomorrow. Lets go to steve for the most accurate forecast. Steve . Good evening denise, again. We have another weekend again where were dealing with miserable rainfall in the area. Tonight its lightened up a little bit for now. This is a temporary break. We had some patches of drizzle in the lehigh valley. Most of our area has dried out for the moment. There is more rain back to the south and west. That rain will regenerate overnight tonight a
It was a good day. European markets have been reacting to the day we had on monday and, they are all losing to the tune of lets call it over 2 you can see germany dax have been particularly weak not just yesterday but last week as well. The german what they should be higher than ours, their central bank loves to try to take business. They have not reached those negative rates yeah. Speaking of rates by the way, it is such an enormous concern i guess of our markets as we watch the 10yr hits a 4 and 5 last week on job number on friday we backed off on the yield as you can see that upton pri o price. Oil, that hurts now, on our road map this morning. It starts with the global sell off and the markets around the world. U. S. Futures you saw it pointing to another big day of potential losses with the stock market plunging of just whats driving this decline and what are you doing to protect your portfolio. Well look at whats taking the biggest hits or find any bright spots thats out there it