Members met senate to reconcile bills. Orrin hatch chairs the finance reportersand told that then reached agreements on how to overhaul the code. The Senate House Committee will come to order. I am deeply honored to chair this Conference Committee, the first Tax Reform Conference Committee in 31 years and to be here with you as we move forward with this historic effort. Before i deliver my opening remarks, i want to take a moment to welcome everyone and discuss the format of todays meeting. I also would like to thank the members of congress joining us today from both sides of the of the and both sides aisle. I think all the members of the house and senate and our professional staff who worked so for the pasteform several years. In particular, the members of the ways and Means Committee and senator hatch in the finance committee. We will begin todays meeting with the opportunity for each country to make an Opening Statement of up to three minutes. In order to ensure each country has an
Washington and the leadership in some parts of the republican party, particularly the senate, and that is what is driving him. Want afterward senate and 9 00 p. M. Eastern on cspan2 possible tb. Now, to the house and Senate Conference meeting on tax reform. Committee members talked about the two tax reform bills passed separately out of each chamber. Good afternoon, everyone. I am deeply honored to tear this Conference Committee, the first Tax Reform Conference Committee and 31 years. And to be here with all of you as we move forward with this historic effort. Before i deliver my opening remarks, i want to take a moment to welcome everyone to discuss the format of todays meeting. I would also like to thank all of the members of congress trying us today from both sides of the capital, and both sides of the aisle. I also thank all of the members of the house and senate and our professional staff who have worked so hard on tax reform for the past several years, and in particular, the memb
Move out to of our nominees that are currently pending before the committee. We obviously have to have the requisite number of members here. So until such time as we have a quorum, we will move to our scheduled full Committee Hearing on infrastructure permitting, if were able to get the quorum of 12 we will take up the businessman at that point in time. I would anticipate that it would be relatively quick. So with that, we have names on the table in front of us, but i would invite you each to come to the table as a provide an opening statement. Mr. Casing, ms. Fleagle, astroturfing, mr. Brown, ms. Caruso and mr. Russell if just want to join us there. We are here today to discuss infrastructure permitting challenges ongoing efforts to streamline federal approvals and opportunities to improve the responsiveness, the transparency and the predictability of our system of permit review. I think we all recognize the need to make investments that will both upgrade and modernize our infrastruct
Im wilfred frost. Im seema mody. Yesterday apple reported an earnings beat but offered weak guidance amazon topping expectations as the Company Reported its biggest profit in history. And alphabet missing on the bottom line. Well dig into those results straight ahead its been moving things after market amazon up 5. 7 though it closed down 3 yesterday. Netnet, 2 gain apple up 2 . Lets look at how futures are pointing to. Currently a lower open dow off by 220 points. Nasdaq off by 41 points. And the s p lower by 20 points the dow and the s p are on pace for the worst week since 2016. Nasdaq on track for its worst week since june of 2017. Lets look at yields thats why stocks had been moving lower the yield on the tenyear, 2. 79 , approaching 2. 8 , a fouryear high we crossed 2. 8 overnight those higher yields hurting sentiment over the last week or so asian equities for you, down around 2 for the week as a whole. Today is not too bad the nikkei down 0. 9 but a bit of strength in shanghai
When people feel fear, they rush for safety. We had the yield on the tenyear below 2130 earlier today. Selling of stocks across the board. The dow down 117 points off just slightly yesterday. That is half of 1 . The biggest and hardest it is then not back down almost 1 this hour. In europe, losses across the board as well. Heavy selling in england, france, germany being the hardest hit, 1. 5 right now. Asia overnight, markets mostly lower. All of that and so much more coming up this morning. With me all morning long, fox news correspondent lee gabriel. Wall street economics editor Jon Hilsenrath and democratic strategist michael star hopkins. Welcome one and all. To you first come of this missile test is not the first time north korea has shot a missile over japan, but again, this is a different situation given the fact we know that its nukes have been miniaturized. Absolutely. The last time was in 2009. They said it was a satellite they are launching them. This basically into three pi