Photography group can come to as well. Without objection, chairs authorized to clear recessed committee at any time. This hearing is titled the Federal Reserves semiannual Monetary Policy report. Not the most inventive title, but traditional. We call Humphrey Hawkins up. Without objection, all members will have five legislative days within which to submit extreme material to the chair for inclusion in the record. I will note the outset of this hearing has a hard stop at 1 00 p. M. , which we will strictly observe. The chair would further announce to Committee Members that the chairs intention is in the second week we return in july, well have a markup, and that markup will include two important bills. One is giving Digital Assets a Market Structure, and federal regulatory we met, and the second is a federal stable coin regime. It is the intention of the chair to have that as a, two pieces of our Committee Markup in the second week we return in july. I now recognize myself for four minu
Jobs that go unanswered and we should be using this to invest invocational education and internship programs and should be investing in Community Colleges. Part of this discussion should be based on the historic vote of longterm investment. We know that is unlikely to happen because when people have a chance to look at these distribution tables, they are going to be furious. I yield to the the gentleman from california, mr. Thompson and mr. Larson will be acknowledged after that. Mr. Thompson its not often i come down and participate in special orders but i was in my office watching the previous speakers, i started to get wheezey from the spin they were providing from the floor talking about what they say this bill will do. And i can tell you that there were a lot of inaccuracies in some of the things they were trying to convince the American People that would that they would benefit from this. As mr. Neal said, this bill, this vote, is an important vote. This is going to be around a l
Pace for their best day in the month of november. And as mentioned, this represents a rebound. The averages were down two days in a row. S p 500 down last week for the first time in nine weeks. We see some buy the dip action. This is on pace for its best week since about seven weeks. Strong action. And in fact, we have a bloomberg terminal, although i do not see it, it was showing the fact this is really stands out, the russell 2000 was generally weaker. Here it is. Lastue, the russell 2000s record high in october, taking a slide. Investors were worried about tax reform. At 15,a white, the vix, then at 16, suggesting it could rise more. Despite the strength from today, russell 2000 could be looking at more volatility ahead. Time will tell whether the dip buying will prove true. And the minor pullback for major averages. Taken a look at top stocks for the s p 500, we are looking at walmart and apple. Walmart up more than 8 , beating estimates in a big way. 54 is how much the online sale
[inaudible conversations] good morning everyone. The committee will come to orde order. We are here this morning to review ongoing Recovery Efforts in puerto rico and the Virgin Islands in weeks of Hurricane Irma. We are now over two months removed from when Hurricane Irma devastated st. Thomas and st. John on september 6. Its been nearly 60 days since Hurricane Maria hit st. Croix and puerto rico. This is a little over a week ago that senators cassidys, franken and i, along with senator carper who was just here and senator harris as well as some of our house colleagues visited both st. Thomas and puerto rico. I want to thank both governors, the governor or cello for your hospitality, the time that you gave us during that visit was incredibly important for all of us to see to be on the ground and to be hearing directly from you. I know that some other members of our committee have traveled to puerto rico previously and i thank them for that as well. What i think we observed is that the
Linking Hillary Clinton with the dnc and the russians s there enough there there to appoint another special counsel . In last nights Senate Finance Committee Markup of the bill. Well play the interaction with talk on capitol hill. Joining us town halls guy benson. Florida congressman ted yoho, ambassador john bolton and Texas Attorney general ken paxton. Melissa breaking news. Youre looking live fire in residential building. Look at that, it is huge. This is at 144th street. Manhattan in new york. Fdny tweeted about the fouralarm fire. Well break in with any further details as we monitor the situation. The flames devouring the building, sending so much smoke in the sky. The dow closing in the red down the 99 points after rallying 240 points yesterday. Nicole petallides on floor of necessary psy. The stocks got a big boost. We had the house pass the bill last night. Why is the market in the doldrums . Utilities and technology and health care, reality everything good for the tax overhaul