[ banging gavel ] this hearing will come to order. Good morning. We are meeting today to consider the nomination of kirstjen m. Nielsen to be the next secretary of the United States in Homeland Security. I want to thank her, her family. Our senators making introductions later on. I certainly want to call out mrs. Karen kelly, general kellys wife. Shes here also. Showing her support for the nominee. And i know ms. Nielsen will introduce her family in her Opening Statement. Americas facing enormous challenges. Our National Debt exceeds 20 trillion and theres no serious effort being made by either party to significantly reduce the 30year projected deficits that are currently expected to exceed over 100 trillion. Our enemies are on the rise. Russia continues to destabilize its neighbors and is partnering with iran to increase both countries influence in the middle east. The Iranian Nuclear agreement did modify irans behavior. For the worse. North Korea Remains determined to develop the cap
Abigail were almost at the end of the year. We had a big rally, also for stocks. Not a big rally but solid gains. The dow is on pace for a record close. Right now, we do not have alltime highs. Check out this smallcap russell 2000 leading the charge of about up of. 6. The big topic, the tax overhaul. Smallcap companies are considered to be more sensitive to, considered their more meaningbased, perhaps they are more sensitive to what is happening in the u. S. 3316. Look at g btv these are not the russell 2000 Tax Companies but what we are looking at in blue are low Tax Companies. This purple, goldman sachs. And the wide to it high Tax Companies white, high Tax Companies, up 7. 7 . Deal. Ll but a done pretty interesting. It is also interesting to see the russell 2000 sensitive to taxes overall and what is happening in the u. S. G btv 32, this is a oneyear chart. The white, russell 2000 to the s p 500. It has been trending down as the husband uncertainty and volatility around the possibil
And oftentimes argue on the floor. There is not much of they can do in changing the legislation. The house works by numbers more so than the senate. Whereas if the Majority Party pretty much calls the shots of what gets on the floor. So theres only so much you can do on the floor if you do not like somebody. Of course, you have the chamber and even if you do not like somebody you are supposed to call them nice things for you my distinguished colleague, for example instead of you rotten s. O. B. That is part of parliamentary procedure and style. Brian what do they do in the senate . Don Thomas Jefferson wrote the manual of parliamentary procedure to really cool down the tempers that would be there for any legislative issues pre members are not to address each other by name. They are not to criticize another persons state or question their motives and not to read a newspaper while another person is speaking. The senate has a high sense of the koran. I remember senator robert byrd who epi
They do not like the way they perform on the house floor . Ray a lot of things they can do and oftentimes argue on the floor. There is not much they can do in terms of changing the legislation. The house works by numbers more so than the senate. Whereas if the Majority Party pretty much calls the shots of what gets on the floor. So theres only so much you can do on the floor if you do not like somebody. Of course, you have the chamber quorum but even if you do not like somebody you are supposed to call them nice things. My distinguished colleague, for example, instead of you rotten s. O. B. But, that is part of parliamentary procedure and parliamentary style. Brian what do they do in the senate . Don well, we are still influenced by thomas jefferson, who wrote the manual of parliamentary procedure to really cool down the tempers that would be there for any legislative issues. Members are not to address each other by name. They are not to criticize another persons state or question thei
Whereas if the Majority Party pretty much calls the shots of what gets on the floor. So theres only so much you can do on the floor if you do not like somebody. Of course, you have the chamber quorum, but even if you do not like somebody you are supposed to call them nice things. My distinguished colleague, for example, instead of you rotten s. O. B. But, that is part of parliamentary procedure and parliamentary style. Brian what do they do in the senate . Don well, we are still influenced by Thomas Jefferson who wrote the manual of parliamentary procedure to really cool down the tempers that would be there for any legislative issues. Members are not to address each other by name. They are not to criticize another persons state or question their motives, and they are not to read a newspaper while another person is speaking. The senate has a high sense of decorum. I remember senator robert byrd who epitomized the sense of decorah, decorum, and when he was mad at somebody, he would pour