Adjourned. We are getting ready to start the second half, that date night doubleheader. It will extend into the nighttime. I dont think it will. With that, im pleased to call this hearing to order. Welcome all of our witnesses, welcome to guests, and a special thanks to senator capito and our colleagues for being here for this important hearing. Today, we are to discuss the federal Highway Administrations communication of the bipartisan infrastructure law and Inflation Reduction Act. Its, im enormously proud. I know senator capito is as well. Weve worked with this committee did and literally, laying the foundation for the bipartisan infrastructure defense of. People say to me and im sure they say to you, senator capito, when you travel back to West Virginia around the country, why cant you guys and gals just Work Together to get stuff done . As it turns out, in this committee, thats what we do. We reported out parts of the bipartisan infrastructure legislation unanimously, 20 to 2. Ten
Incredible month where you saw stocks continue to climb add that to year to date dow up 7. 3 . The s p up 19. 5 the nasdaq is up a whopping 37 . Lets put that in historic context. The year to date, you were talking about the nas ddaq with the best first months since 1975 held on to gains gave some back in the second past of the year up 30 by the end of the year. If you look at the s p, up 19. 5 . That is the best performance since the beginning of 1997. That year, s p up 28 . It ended up 31 . Adding to gains, mike, throughout the things. You look at this and look back the pattern in history is that markets that are consistently strong with five months up in the s p 500 happens in the context of generally continuing uptrends. It is not a fluke. That being said, it has happened eight times in the last decade it happened 40 since 1949 the dow was up 100 points in the last minute of trading yesterday. A lot of stuff that gets done at month end. In general, the market has answered most of t
Federal highway administrators giving testimony on the implementation of the Infrastructure Investment and jobs act and other legislation passed by congress. Also spoke about emergency relief efforts to reopen am pleased to call this hearing. Welcome to the witnesses and to the guests and a special thanks to our colagues for being here for this important hearing. We are here to discuss the federal highw administration and implementation of the bipartisan infrastructure law and Inflation Reduction Act. I am enormously proud and i know senator ouppercaseletter is as well, the work the committee did providing the foundation of the bipartisan infrastructure law. People say to mand im sur to you, senator when you travel back toest virginia, whyant you Work Together to gettuff done and as it turns out in the committee thats what we do, the bipartisan infrastructure 20zip and proud to help lay the foundation for whats turned out to be one of the biggest investmentsver and hopefully we will co
Adjourned. We are getting ready to start the second half, that date night doubleheader. It will extend into the nighttime. I dont think it will. With that, im pleased to call this hearing to order. Welcome all of our witnesses, welcome to guests, and a special thanks to senator capito and our colleagues for being here for this important hearing. Today, we are to discuss the federal Highway Administrations communication of the bipartisan infrastructure law and Inflation Reduction Act. Its, im enormously proud. I know senator capito is as well. Weve worked with this committee did and literally, laying the foundation for the bipartisan infrastructure defense of. People say to me and im sure they say to you, senator capito, when you travel back to West Virginia around the country, why cant you guys and gals just Work Together to get stuff done . As it turns out, in this committee, thats what we do. We reported out parts of the bipartisan infrastructure legislation unanimously, 20 to 2. Ten
quit. more than 60 million americans are under heat alerts, with temperatures expected to once again soar into the 90s and heat indexes receiving 100 degrees. newark, new jersey, hit 102, and boston hit 100 degrees yesterday. relief may be on the way for the northeast, but temperatures are now expected to build throughout the week in the pacific northwest and central plains. in california, a wildfire is raging outside yosemite national park. the oak fire it s called, which exploded over the weekend has burned more than 16,000 acres and forced evacuations of multiple towns. it s just 110% contained right now. cnn s reporter is standing by live in california with the latest on this. camilla, what are you hearing right now? reporter: hey, kate. for the first time since this fire started, we are seeing some progress, that 10% containment. it is a big deal. over the last couple of days, we ve been at sooepercent. the early morning hours, the ke cooler temperatures are really hel