Daily many 1979 cspan was created as a Public Service by americas Cable Television companies. And is brought to you today by your cable or satellite provider. At a Senate Hearing on government waste federal officials testified about ways to save money by preventing fraud and removing a necessary regulation. Senator john johnson shares Homeland Security and Government Affairs committee. This is an hour and 0 minutes. 40 minutes. All right. [silence] morning this hearing will come to order. I want to welcome my witnesses, appreciate your time, your testimony, and look forward to your oral testimony and answering pretty interesting questions. I frequently say from this podium that general and Inspector Generals are, you know, our goal two agencies in government. Doing so much to route out and identify and eliminate ways fraud abuse and prals which this hearing is about is reports by gao that started with a simple amendment offering and by senator colburn in increase in debt ceiling someth
Federal reserve. Risks,china reining in credit growth and banking topping the agenda. Survey a bloomberg makes for uncomfortable reading for the boj, saying 2 inflation is unattainable. We were talking about the asiapacific. Rishaad emerging markets back in fashion with one of the best years have her, 20 up msci emerging markets index. Lets look at the asiapacific , well, it did look like at the beginning of the month we would slip below this trend line. We didnt. Bull channel surviving the current challenges. 1988. S going back to we are getting towards the level of the financial crisis. 20 gained us far. Quite something. Haidi indeed. In terms of this yellen trade, day two of her congressional testimony, we are seeing that , butout, pretty good gains looking to end the week on a high note. 30 minutes away from the open in china and hong kong, key regulatory reforms being there. Trade, how is that yellen playing out . Sophie rising, asian bonds and gold sliding given Janet Yellens mor
Lunch starts right now welcome to power lunch. Stocks are lower at this hour. The dow getting another record intro day before the pull back health care attacked the best performing sectors S P Health Care 40 almost flat. Consumer staples off more than 1 good year tire, starbucks and mattel, the biggest drags on the s and a. Exxon, ge and dupont buying on the dow at this hour michelle, thank you very much welcome everybody. Tyler mathisen here. The fda announcing a plan to cut nicotine levels in cigarettes. Commissioner talking about this new proposal at a News Conference a short time ago. The nicotine in cigarettes is not directly responsible for the cancer, the lung disease, the Heart Disease that kill hundreds of thousands of americans every year yes, it got them all dignitied and it kept them addicted for the long term. It got most of them addicted as teenagers. But the other chemical compounds in tobacco and smoke setting tobacco on fire that cause the illness and death, not the ni
Drivers pulling over with damage to either their tires or front wheels. And when they came out to investigate caltrans had to shut down all lanes to make emergency repairs. Traffic back ups were significant but luckily this did not happen during the morning or evening or even during the week because that is when well see real problems and with all the wet weather you never know when a pothole is going to open up. Damage was caused to local roads. Road problems after the hard winter storms an estimate 70 70 million in damage was caused to local roads. Youre lookingat whats left of highway 35 a whole that caltrans says may not be repaired this year and officials are seeking emergency state and federal funding to repair at least 1070 separate road damaged incidents. Lets get a check of the morning commute. Hows itlooking out there . Looking few across the bay area. We have a serious situation in santa rosa. Highway 12 fatal accident closed due to a fatal motorcycle versus car crash here.
An hour ago. Assad reportedly organized the barrel bombing of syrian towns and just this morning, north korea Supreme Leader vowing to quote wipe out south korea and the United States without a trace, if any war act is committed. Former u. S. Ambassador to russia is also the former deputy secretary general for nato. Alex is standing by on whether this war of words will turn into one of action. What did President Trump hear during his listening session with some of the countrys biggest and most powerful ceos . The topics of trade, infrastructure, and job creation also tackle. But will a congress continue to stand in the way of the president s agenda . House budget chairman diane black has been on the front lines of the biggest meeting this past month here in two minutes. And President Trump First Business tv interview since his inauguration just concluded moments ago Maria Bartiromo landed, shes getting into the chair to reveal a preview. Plus, that scream heard around the world. No. Th