Do not do that again, mr. Shanahan, or i will not take your name up for a vote before this committee. Cspan programs are available at cspan. Org, right on our home page or by searching the video library. And now Energy Secretary rick perry on President Trumps proposed 2018 budget for the Energy Department from the Senate Energy and Natural Resources committee. This is about an hour 40 minutes. Good morning everyone. The committee will come to order. I apologize for the delayed start, but hopefully we will have an opportunity to hear from the secretary and learn of the president s views for the department of energy. Secretary perry, i want to welcome you to your first hearing following your bipartisan confirmation here in the senate. While it took us a little bit longer than wed hoped to get you in this role, were glad to have you at the helm. We look forward to helping you get a full compliment of folks there at the department as well. The budget request for the department of energy ta
Good morning everyone. The committee will come to order. I apologize for the delayed start, but hopefully we will have an opportunity to hear from the secretary and learn of the president s views for the department of energy. Secretary perry, i want to welcome you to your first hearing following your bipartisan confirmation here in the senate. While it took us a little bit longer than wed hoped to get you in this role, were glad to have you at the helm. We look forward to helping you get a full compliment of folks there at the department as well. The budget request for the department of energy takes a different approach this year than weve seen in the recent past. The president has made a concerted effort to increase funding for the National Nuclear Security Administration to focus on our Nuclear Weapons program. This is a portion of the department that falls outside the scope of our committee here. The administration has also requested robust funding for the cleanup of Nuclear Waste l
This is daybreak asia. I am betty liu in new york, where it is just after 7 00 p. M. Charlie it is just after 7 00 a. M. In hong kong. It feels like summer. Quiet in the markets. We have the trade figures of china and the trade balance in japan. Betty those are the big numbers to watch. Big market moving event. In terms of here in the u. S. , it mergers of a focus on that may or may not happen and specifically a look at Berkshire Hathaway and what they may be eyeing out on the horizon. Oil Prices Energy prices in particular in focus. Despite the drag, the market still managed to get out the gain. We will go through that in a moment, but that is setting up for a slightly bullish tilt for you in asia. Yvonne let us look at how things are playing out here. Cpi figures out of the u. S. New zealand, we are seeing the stock with weakness. 7356. Wi, the traders are worried about the dollar edging up. The worst currency in the g10 space, ahead of the decision this week as well. We are seeing a
Destroy evidence as that case continues to evolve. Chinese president xi jinping will meet with the president next week at maralago. It is the two leaders first meeting since mr. Trump took office. They are expected to seek Common Ground on issues rating from ranging from trade to north korea. Secretary of state Rex Tillerson told turkey the two countries face tough choices in the fight against islamic state. Turkey disagrees with the u. S. Position that the turkish government continued considers the kurdish fighters to be an extension of the kurds fighting a separatist war in turkey. Global news, 24 hours a day, 2600ed by more than 1 journalists and analysts in more than 120 countries. Im mark crumpton. This is bloomberg. Scarlet live from bloomberg World Headquarters in new york, i am scarlet fu. Oliver joe and im joe weisenthal. Scarlet pacing gains in the s p 500. Joe the question is, whatd you miss . Hear from awill Hedge Fund Manager who sees opportunity in clean energy. An unexpe
And the inspired action you took to come to the aid of the veteran in crisis. Thank you all for the work that you do day in and day out on behalf of those who have served. A few weeks ago i had the honor of meeting with robert mcdonald, the secretary of the va. Secretary mcdonald is a man who has time and again answered the call of duty to his and our nation. He graduated from the United States military academy at west point in the top 2 of his class in 1975. An army veteran. Mr. Mcdonald served with the 82nd airborne division, completed jungle, arctic, desert warfare training, earned the ranger tab, that expert infantry men badge. Senior parachutist wing. Upon leaving military service, captain mcdonald was awarded the Meritorious Service medal. But mr. Mcdonalds expertise as a soldier is equal by his business beingaccumen. He earned a degree from the university of utah and has a career in the private sector. Before joining the va, chairman mcdonald was chairman, president and chief ex