Test. Test. Tom udall. Todd young. Captioning performed by vitac thats a really good question. Im glad you asked it. When something does become mandatory, it must have a very consistent repeatable Test Procedure and what we find is when a technology is new, for instance, a certain kind of alert or blind spot detection, we learn a lot from the fact there are a little bit of a difference in different folks that are adopting it or different manufacturers who are designing different systems. Thats a time of learning and then if it seems appropriate to adopt it as a mandatory standard, we can then identify which of them is best. So that is one of the reasons why when a technology is first introduced we allow some Consumer Experience and some innovation before a mandate you couldnt just make it mandatory and give them the flexibility to do it however makes sense while youre testing this. Under the laws that we execute we actually have to be to have a consistent Test Procedure. So we cant say
Spotlight later. The japan and korea spat rambling on. They may be forced to retaliate. The latest plan fails to impress. Started withget us a quick check of the markets. Health care tech are some of the biggest decliners. Individual movers like apple being downgraded. Falling after they cut their outlook. We have lingering effects from the data that we saw last week. Had one sector that gained ground, the energy sector. Also rising with geopolitical tensions. Ups see how we are shaping for the markets. Sophie this tuesday, kiwi stocks are up about. 4 . This after mondays broad selloff from a two month high from mumbai to shanghai. Drop since may. Likely crossing their fingers that they can resolve the trade spat. In sydney might rebound a. Ouch with commodity moves oil is under pressure. Rising volatility. We are watching the jump in iron or prices. , we have the today policy decision and india earnings season kicks off. Thank you very much. Lets check on the first word news. U. S. St
Including joel sabat, ron batory from the federal railroad administration. Ray martinez, administrator of the Safety Administration and heidi king from the national Highway Safety traffic system. The fix of the american act, better known as the fast act is responsible for ensuring the safety of our surface Transportation System including fmcsa, nhtsa and fra. Todays hearing provides our witnesses with the opportunity to discuss the implementation of the fast act. And to identify issues that this committee should consider as we prepare for a surface transportation reauthorization. The fast act established the infraGrant Program. This and others such as build grants formerly tiger grants are critical to improving our nations transportation infrastructure. I hope the witnesses will provide the committee with an update on improving the infrastructure and how intra, and bill grants are being utilized. As they reauthorize the fast act, i plan to work with cantwell and other members on both s
Today we will hear from department of transportation officials. The administrator of the federal railroad administration. The administrator of the federal Motor Carriers administration. And the deputy administrator of the national highway Traffic Safety administration. Welcome to each of you. Fixing americas surface transportation act of 2015 reauthorized many of the modal administrations responsible for ensuring the safety of our surface Transportation System. Fra. Ding fmcsa, nasa, and hearing provides our witnesses with the opportunity to discuss the implementation of and identify issues this committee should consider as we prepare for reauthorization. The act placed a greater focus on our nations multimodal freight i hope the witnesses will provide the committee with an update on efforts to improve infrastructure and how build grants are being utilized. Are the Commerce Committee considers reauthorizing the fast act, i plan on working with members on both sides of the aisle to auth
Joseph. Were happy to have you here. Always. People have things. Its summer. If they asked me next week, i would say no, im on vacation. Even to spend time with you, i would turn that down. You know what, i take everything you say seriously, because it just makes me, right, i believe you. Yeah. Theres no reason to not believe me. Its not necessarily sarcasm. Not necessarily. Lets take a check on u. S. Equity futures. Joe mentioned towards the end of the session, we came off in the middle with the higher beyond yields, take a look at how were set to open. Look looking to lose 8 at the open, the dow looking to lose 49. After a day of declines. The dow fell 291 points on track for the worst week since march. The dow, s p and nasdaq are down more than 2 of the week. For the dow, its the first time it closed below its 50day moving average since june. Check out the pullback in technology. We have been talking about this for some time. The declines are stark. Apple, meta, microsoft, each more