For what purpose does the gentleman from california seek recognition . Mr. Rouda madam speaker, i move the house suspend the rules and agree to the bill h. R. 1844. The speaker pro tempore the clerk will report the title of the bill. The clerk h. R. 1844, a bill to designate the facility of the United States Postal Service located at 66 grove court in elgin, illinois, as the Corporal Alex martinez Memorial Post Office building. The speaker pro tempore pursuant to the rule, the gentleman california, mr. Rouda, and the gentleman from pennsylvania, mr. Keller, will each control 20 minutes. The chair recognizes the gentleman from california. Mr. Rouda thank you. I ask unanimous consent that all members may have five legislative days in which to revise and extend their remarks and include extraneous material on this measure. The speaker pro tempore without objection. Mr. Rouda thank you, madam speaker. I yield myself such time as i may consume. Madam speaker, i am pleased to join my colleag
Earlier on, up by 4 10 of 1 . Not the reaction draghi would have been looking for. The banks initially traded higher here in europe. Draghi is talking about tiering. The banks have wanted to talk about this for quite some time. The banks completely turned around, as did european equities, now down by 4 10 of 1 . Vonnie it is mainly about earnings in the united states, so to give early fx and bond traders watching closely so particularly fx and bond traders watching closely. Earnings. With the cofounder is leaving, but also it is losing 1. 12 per car sold. That really didnt endear itself to investors. The stock is down 13 now. Ford having a pretty negative quarter, its turnaround strategy hitting the pause button. It is down 7 . Bank takingcentral down the Interest Rate by 425 basis points today, indicating there would be more cuts to come. The Interest Rate is still almost 20 , but traders seeing an opportunity for carry here, and that has the lira stronger. Guy lets talk about the ecb
Legislative work on a number of noncontroversial bills. Votes are expected at about 3 00 p. M. Eastern. And now to live coverage of the u. S. House. The speaker pro tempore the house will be in order. The prayer will be offered by our guest chaplain, rabbi mark getman, Temple Emanuel of canarsie, brooklyn, new york. The chaplain let us pray. Hetchly one, our protector and redeemer, guardian of life and liberty, we ask for your continued blessings as we open this session of the house of representatives. May our nation and its leaders be blessed with your protection as they continue their work for the constituents across these United States. God, continue to send your light to all elected officials across this land, guiding them with your good Council Counsel and providing them with wisdom and forebearance. Now our nation and its citizens always work toward world peace and harmony as part and party representing this great nation. God of peace and prosperity, bless this house of represent
To achieve the American Dream today than it was a couple years ago . Of course not. Because the Inflation Reduction Act was never supposed to reduce inflation. It was a trojan horse for the Climate Change crowd. The only people that helped our biden ands donors who work in green energy. You see, it was all a lie. What do you do when you get caught in a lie . You live more. No one making less than 400,000 a year will pay a single penny more in federal taxes. Its a commitment i kept so far and as long as i am president i will keep it. Wrong. Workingclass families had their tax burden jacked up. Who do you think is paying for all the windmills . You. And biden proudly says he cut our National Debt. We actually cut the federal debt, the deficit, by 1. 7 trillion. You hear me . The first two years we cut the deficit 1. 7 trillion. Wrong again. Our National Debt went up almost 4 trillion and biden took office. At least your energy bill went down, right . This law is helping families save tho
This hearing is just under four hours. [inaudible conversations] [inaudible conversations] the committee will come to order. Before we begin i now i know i speak for everyone here when i wish our Ranking Member a belated happy birthday yesterday. And were supposed to at some cake later, so lets celebrate. But late happy birthday. Weng with you sir. Thank you commissioner werfel, before a printer for the ways and Means Committee of the earlier than usual this year. We have a lot to go over with you so i appreciate you answering request of our a members to come before the Committee Early this year. First, as it pertains to the current 2023 tax Filing Season, i want to thank you and your team for the Technical Work to ensure the quick and withoutth delay implementation of provisions of the tax relief American Families and workers act. We take the appreciate the steps the agency is taking right now to beent the legislation once the Senate Passes of the bill and it is signed into law. Espec