Welcome chair yellen promoting Economic Growth this a top priority for the committee in congress we have been encouraged to see stakeholders carefully evaluate current laws and regulations since the last hearing in february there have been numerous developments to impact Economic Growth legislation with more than 100 submissions from the stakeholders are listed on the committees website if you are interested to put together legislation the committee has held numerous hearings and federal financial regulators issued the second report and the Treasury Department issued the first report on the Core Principles of Financial Regulation in addition members on both sides have expressed interest to help find and the economy to improve the Bipartisan Legislation continues to build them particular interest finding Bipartisan Solutions to change of threshold and stress test fix the volcker rule and simplified small bank capital rules these are just a few of the issues raised in recent months in wi
Welcome chair yellen promoting Economic Growth this a top priority for the committee in congress we have been encouraged to see stakeholders carefully evaluate current laws and regulations since the last hearing in february there have been numerous developments to impact Economic Growth legislation with more than 100 submissions from the stakeholders are listed on the committees website if you are interested to put together legislation the committee has held numerous hearings and federal financial regulators issued the second report and the Treasury Department issued the first report on the Core Principles of Financial Regulation in addition members on both sides have expressed interest to help find and the economy to improve the Bipartisan Legislation continues to build them particular interest finding Bipartisan Solutions to change of threshold and stress test fix the volcker rule and simplified small bank capital rules these are just a few of the issues raised in recent months in wi
What mayor de blasio told trump in the meeting. Media giant revealing sounded even more flawed measurements, what it means to the relationships and publishers. All eyes on Federal Reserve today. Janet yellen heads to capitol hill. She will face questions over Interest Rates and Central Banks relationship with the Incoming Trump administration. We will watching the testimony. Futures look like this. We are expecting a fractional gain at the opening of trade this morning after weakness yesterday. The dow industrial expected to be up 20 points today. In europe mixed performances. You see the ftse up 25 points. Onethird of 1 . The dax index in germany down a fraction. Japan central bank to buy unlimited amount of government bonds at mixed rates. First time they want to keep a lid on rising yield. Holiday shopping frenzy has begun. Spending expect today rise this year. We have the stories coming up. All the stories and joining me to talk about it National Review reporter cat is here and rep
Glencore goes from doom to dividend in the space of year. We will break down the numbers. Its turn our attention to what is happening in the market. Show you what the gmm looks like around the world. Yesterdays solid session, and a big outperform a, italy up id two points, 2. 3 . This idea that maybe the ecb will step up and deliver for italy if we get a negative result in the referendum continues to move markets. Also what is happening with italy. Iron ore surging overnight in china. The medals are definitely doing well. As you can see on the commodity board. They continue to power ahead after the massive move we saw yesterday. The dollar is weakening, we down by. 3 of 1 . Mnucll watch what stephen hin does. Still trying to understand the parameters of what this new cabinet is way to look like. That is a significant factor. We will continue to talk about it. Bond markets waiting for data, there is an awful lot of data coming out of europe. Let me run you through where the fair value i
Julie hyman has a look at what is looking like a flat opening. Toie people are waiting hear from janet yellen. Even though she is scheduled to talk about herself, essentially her achievements in her career at harvard today, some investors think she will talk about Monetary Policy as well. Jeff gundlach think she will put the brakes on some of the more hawkish fromments we have heard members of the fed. You see a little lift in stocks today. Revisions,latest gdp showing growth of a 10th of 1 . And in the past few moments, we got the final numbers from the university of Michigan Consumer sentiment at 94. 7 pay the prior read was 94. 4 . This is the final revision of that number. Thats look at what sectors are in the move in the s p 500. Today,is the laggard donald oil prices, but otherwise, Consumer Discretionary financials coming back after losses yesterday. Health care and Technology Trading higher in todays session. On the downside, we have energy and oil prices pulling back the secon