It has become a tradition for members of congress to come out to talk to reporters after the president ial speech. We will do this for roughly one hours so as we start to line up members of both sides of the. Lets get to it. Our first member is congressman Chris Collins, republican of western new york, buffalo area. Be with you. What a great speech. Im glad to have been the first member of congress to endorse donald trump for president. Certainly active in the campaign. When youre into his presidency, he gave a factbased speech about our economy, how it is bowman. Jobs, themarket, the investment, and the great work wielded on the tax reform. But it was also an inspirational speech, a call for america to be better. To be great. As he talked about the things we have yet to achieve, for some of those in our country still struggling, living in poverty, we need to find them. Get them skills. Find them jobs. I thought this was great speech and my only disappointment was to see the partisan d
Market impact on Hurricane Harvey. 5 , the futures up highest level in two years. Texas is the largest cotton producer in the u. S. The next two indexes are interesting as far as what is being mortgagebacked, products or production. The higher this goes, the tighter we see the Product Market. The second is the vti versus signifying more production in the u. S. , meaning lower as it comes down. In texas, floodwaters overwhelm houston as Tropical Storm harvey inundatess texas, southeastern texas. Us is our commodities managing editor. In terms of the houston damage, this is unprecedented. If you are familiar with houston, this is a place that tends not to take water terribly well. In terms of the industry itself, we are starting to see refineries shut down as the storm moves west to east. Alix as far as the refineries shutting down and crude reduction, that is well known in the market. What is not talked about as much is how important crude exports are two men support. To mexico. They ha
In to start legislative work today. You can continue watching this and both of last weeks Senate Health Care Committee hearings on the individual Health Insurance market on our website cspan. Org. Live coverage of the u. S. House. Prayer will be offered by our chaplain, father conro y. Chaplain conroy let us pray. Loving god we give you thanks for giving us another day. As members of the peoples house return to washington, delayed by the storms that have blown through the southeast, we ask your blessing upon them. That they might be all the more focused in their work and as modeled by so Many Americans in their efforts these past days in helping their neighbors prepare to Work Together to address our nations most pressing needs. Continue to bless those who are recovering from hurricane destruction and those fighting still the storms of wildfire that plague our western states. Blanket those who fight to overcome these Natural Disasters with your spirit of strength and endurance and pres
Of course, we will be all over it for you. By the way, traffic nightmare in new york right now. Despite everything, turmoil overseas and the house in recess, the markets where are they going . They are going up again. Dow and s p open up in new alltime highs. What else is new . Another hurricane in the caribbean, maria, she could hit batted islands and head towards florida. We are all over that story as well. Big day for politics. Guess what . Thats what we do. Varney company starts right now. Ashley quick check of the stock futures for you just under half an hour before we open on wall street. Dow coming up best of the year, 6 points away from alltime high. So it should open well above that. Any move for s p will be a new high. [laughter] ashley nasdaq just 15 points away from record territory. Big defense deal to tell you about, by the way, northrop buying atk for 9. 2 billion, thats in cash and debt, in the meantime net flesm won emmys for the crown and master of known, hulu. We wil
And thats taking aim right over lake tahoe, truckey and reno. Pretty impressive. Started yesterday morning and has continued. Really impressive for this time of the year. 50s on the temps, 40s for tomorrow. Santa rosa, napa airport. Stanford. West of oakland, west of sfo, not as breezy. Sunny to mostly sunny and 60s and is 70s on the temps. All right, sal. 4 31. People are obviously on the road early, steve, and you can see them out there already. Lets start off with solano. Traffic is not affected by too many things. You can see traffic. A little bit father from the carquinez bridge to the macarthur maze, only taking when you get to the bay bridge, a couple there we go again. Some guy backing up. He backed up. Lets go back to the desk. All right, sal. San francisco officials are being criticized. Tara moriarty says that cooling centers were not open until the day after. Friday of this years labor day weekend, the hottest day in San Franciscos recorded history. Three people died as a r