Subcommittee will come to order. And i would like to welcome our witnesses f skrcc. As members of this committee we have a responsibility to ensure the funds we see are spent wisely. Both of the agencies are seeking increases for fiscal year 2018. The fcc is requesting about 15 merse higher than fy 2017. The fcc budget has grown from 370 million to now 1. 6 billion. The over sight on the commissions budget is critical. Although those fees come from public committees and exchanges, theyre borne by investors. Helps markets operate efficiently and spurs Economic Growth for all americans. The cftc is requesting 285 million. In comparison the cftc was founded and the budget has now reached to 250 million. However, access to more funding doesnt necessarily mean theyll spend that funding responsible. You both have challenges as you have taken the helm of your agencies. Fcc has also had similar issues related to its leasing practices, which is of concern given the proposed budget increase. All
Commission and Commodities Future Trading Commission talked about proposed budgets for their agencies. They were at a Sub Committee hearing for an hour and ten minutes. Good morning the Sub Committee will come to order. I would like to welcome our witnesses. Thank you both for being here. We look forward to hearing from both of you about the details of your budget reest requests. As members of this committee we have a responks blt to ensure the funds we see are spent wisely. Both are seeking increases for 2018. Requesting 242 million or 15 higher than 2017. The sec budget has grown to now 1. 6 billion. The cftc is requesting 281. 5 million. For comparison, the cftc was funded at 62. 7 million in fiscal year 2000. The budget now has reached at least 250 million. Access to funding does not necessarily ensure an agency will achieve its mission. You both have challenges. In the case of the cftc leasing costs and practices have raised concerns about effective management of federal funding.
Important enough for political signs to be up for just permissive for political determined to be a helpmate to her husband Andrew Johnson as he navigated an end to the civil war, reconstruction in the south and his own impeachment. First ladies, influence and image. Examining the public and private lives of the first ladies and their legacy. Sunday at 8 00 p. M. Eastern on cspan three. Up next, treasury secretary jack lew takes questions. Chaired by congressman jeb hensarling. The committee will come to order. This hearing is for the purpose of receiving the annual testimony of the chairperson of the Financial Stability Oversight Council. I now recognize myself for five minutes to give an opening statement. When democrats 1st past the dodd frank act they claim the Financial Stability Oversight Council is one of the scoundrels. Stability Oversight Council. I now recognize myself for five minutes to give an opening statement. When democrats 1st past the dodd frank act they claim the Fina
European equities are trading 30 minutes into the session. Stocks are falling in europe, the biggest threeday drop since november 4. Donald trumps firing of the acting attorney general adding about uncertainty decisions in the new administration. Thats the biggest drop since november 2. And currencies are rising against the dollar. Look at the greek 10 year yield still no agreement between the latest bailout review itseen greece and creditors. Lots of Corporate News to tell you about shell accelerating its drive to shed assets, agreeing to sell its fields in the north sea and thailand. The disposals include the sale of half the companies north sea assets for about 3. 8 ilion dollars. 3. 8 billion. Bgts filing up after the 54 billion takeover. A swedish fashion retailer, h m, providing relief for the european clothing industry, reporting profits that topped estimates and setting a new annual growth target after missing estimates of five of the previous six quarters. Seasonable weather p
Well look ahead to super bowl 51 and the growing popularity of america football, here in the uk hello. Welcome to the programme, were live until am this morning. We also want to hear from you this morning if youve had trouble getting hold of fresh vegetables. Poor Growing Conditions in europe are causing a shortage and tesco has started to ration Iceberg Lettuces. To stop Smaller Stores buying from them in bulk. Well have the details on this and find out if its going to get worse. Do get in touch on all the stories were talking about this morning use the Hashtag Victorialive and if you text, you will be charged at the Standard Network rate. Our top story today theresa may has arrived in malta for an informal one day summit of eu leaders. Shell brief European Union leaders on her meeting with donald trump, and is expected to stress that she wants a positive and constructive relationship with the eu after brexit. Kevin connolly reports. The cannons will welcome the eu leaders to their fi