Without objection, the chair is authorized to declare a recess at any time and this is entitled approving the budget process, and a look at the Budget Committee on budget process reform. I recognize myself for five minutes for a statement. The 104th congress convened in 1995 was the last to pass all of the Appropriations Bills prior to the start of the fiscal year and that was almost 25 years ago, and most of the house members serving today have never seen a process to work the way it is supposed to where the stand alone bills are passed on time. On the joint committee on budget and appropriations reform, along with myself and bob woodall was tasked with making recommendations to significantly reform the budget and appropriations process. The very act of establishing the committee is acknowledging that the process is not working the way it should. And article 9 section one of the constitution says that no treasury should be withdrawn without the authorization of congress. It is a const
Planning to pay for it. Lauren and how p mans best friend can be an actual life safer. It is wednesday, october. Fbn a. M. It is wednesday, october 9th. Fbn a. M. Starts right now. Even while we sleep. We will find you acting on your best behavior. Turn your back on mother nature. Everybody wants to rule the world. Lauren some tears for fears this morning. Good morning, im lauren simonetti. Cheryl im cheryl casone. Lauren yesterday, the dow fell over 30 points, this morning we have a rally of 91 for the dow, nasdaq up 35. Cheryl stocks are moving higher, were looking for rate cuts as you can he see, so were kind of looking at markets in asia as well right now, taking a look at how chinese stocks are. You can see the h nikkei is undr pressure. Hang seng, thats lower. Kospi is closed for a holiday in south korea. Lauren and in europe, stocks are trading up this morning, just fractionally. The best gain is in germany, three quarters of 1 . Cheryl we have got breaking news this morning. Ch
One of the cochairs of the internet caucus, along with her presented of doug collins. The internet caucus was created 20 years ago to inform this debate and discussion about key internet policy questions, and of course Net Neutrality is toward the top of that list. Even though all of us or our bosses may not agree on how to approach Net Neutrality, this is important for all of us. Net neutrality has been a top issue for my boss for many years. The lead plaintiff is headquartered in our district, which we are proud of. This year, we did a town hall with the commissioner of the fcc focused on Net Neutrality. Im looking forward to what you have to say. On behalf of the caucus, i want to ask thank the panelists for helping inform the debate. I want to thank tim for helping host and organize this. She is to be a follow at the academy and is now at brookings. Thanks for the introduction. Thank you for attending our panel today. Thank you for cohosting this pal. I am looking forward to discus
This hearing will come to order. Today we are joined by the leading voices within the administration on reforming and strengthening our Housing Finance system. The secretary of the treasury and secretary of housing and urban development, both of whom have submitted reform proposals to the president , as well as the director of the federal Housing Finance agency who serves as the regulator conservator of freddie mae and fanny fannie mae and freddie mac. It marks 11 years since the government bailed out and put those where they remain today. Prior to 2008 the Government Sponsored Enterprises held . 45 in capital for every 100 in capital for every 100 in mortgages guaranteed. Now they hold just . 19 after a 200 bailout from taxpayers. 11 years later these systemically Important Companies continue to be too big to fail and are more leverage than they were before the financial crisis. Taxpayers inevitably remain on the hook for the next market downturn. In march pres. Trump signed a memoran
Sunday night at 8 p. M. Eastern on cspans q a. Next, a panel looking at ways to improve the budget process held before the House Committee on modernization of congress. Congress. The meeting will come to order. Without objection the chair is authorized to declare a recess of the committee at any time. This hearing is entitled recommendations from previewing the budget and appropriations process. A look at the work of the select Committee Budget and process reform and i now recognize myself for five minutes to give an opening statement. The 104th congress which convened in 1995 was the last to pass all Appropriations Bills prior to the start of the fiscal year. That was almost 25 years ago. Most house members serving today have never seen a process that works the way its supposed to where stand alone bills are passed on time. And the joint select committee on budget and appropriations process reform on which i served, along with my colleague rob woodall was established, and the committe