Proposed fiscal year 2018 budget. Members asked questions about the proposed cuts of the budget as well as to where to store the ations Nuclear Waste. The committee will come to order. I apologize for the delayed start. But hopefully we will have an opportunity to hear from the of the and learn president s views for the department of energy. Secretary perry, i want to welcome you to your first hearing following your bipartisan confirmation here in the senate. It took us a little bit longer, we are grad to have you at the helm and getting a full complement of folks there at the department. The budget request for the department of energy takes a different approach. The president has made a concerted effort to increase funding for the National Nuclear facility. This is a portion of the department that falls outside the scope of our committee here. The administration has requested robust funding for the cleanup of Nuclear Waste left behind by our countrys cold war legacy. The budget reques
Do not do that again, mr. Shanahan, or i will not take your name up for a vote before this committee. Cspan programs are available at cspan. Org, right on our home page or by searching the video library. And now Energy Secretary rick perry on President Trumps proposed 2018 budget for the Energy Department from the Senate Energy and Natural Resources committee. This is about an hour 40 minutes. Good morning everyone. The committee will come to order. I apologize for the delayed start, but hopefully we will have an opportunity to hear from the secretary and learn of the president s views for the department of energy. Secretary perry, i want to welcome you to your first hearing following your bipartisan confirmation here in the senate. While it took us a little bit longer than wed hoped to get you in this role, were glad to have you at the helm. We look forward to helping you get a full compliment of folks there at the department as well. The budget request for the department of energy ta
Capitol hill, and Christine Lagarde tells cnbc that the fed will not cause another taper tantrum. I think it has already learned from that experience both at the fed left avel and ad the world. The fed itself has measured exactly how to communicate and oil markets trading solidly higher were waiting keough pey opec d well be speaking to bob dudley in 30 minutes time were seeing almost solid wall of green this morning and this is despite the fact that markets are very much in wait and see mode waiting for yellens testimony later today stoxx 600 already up over half a percent. Across the board, up pretty high ftse and the cac up around 0. 7 . Xetra dax almost half a percent higher lets look at some sectors almost everything is in the green. Its really media the only laggard here spring in oil and gas not surprising that oil itself was up in yesterdays session and again in todays session tracking about a percent and a half higher. Janet yellen is expected to field questions of Interest Ra
Welcome you to your first hearing following your bipartisan conservation in the senate. It took us a little bit longer than we had hoped to get you in this role and we are happy to have you at the helm. We look forward to getting you helping you get a full complement of folks at the department as well. The budget request for the department of energy takes a different approach than weve seen. The president has made a concerted effort to increase funding for the nuclear. This is a portion of the department that falls outside of our community here. The administration has requested robust cleaning of Nuclear Waste. To offset those funding increases the proposed deep cuts to research and development for energy and science. It proposes to phase out innovative programs that have had demonstrated success. I understand what drop the proposal, but i am concerned by certain parts of it. The United States is the worlds leader in science and energy. We like it that way, and we want to keep it that
For the upcoming fiscal year, a testimony from the secretary, jennifer granholm, live coverage here on cspan3. The chair will recognize himself for a fiveminute Opening Statement. Welcome to the hearing to review the department of Energy Performance and fulfillment of the statutory responsibilities and to examine the departments fiscal year 2025 budget request to congress. Welcome back to the committee, secretary granholm. The department of energy has National Security responsibilities to protect Energy Security and oversee the Nations Nuclear weapons program. They conduct an overseas taxpayerfunded research and development, providing loans and grants to help commercialize energyrelated technologies. These hearings are essential to ensure that the department is taking to its core mission and is a responsible steward of taxpayer resources. These hearings are essential. Members will also have an opportunity to examine the department of energys expanded budget request as this year they ar