Bargaining rights, retire savings programs, and Employer Health insurance coverage, Family Planning services and contraception. A a quorum quorum is present. The committee is order to welcome our distinguished guest, secretary alexander acosta. Secretary acosta has been at the helm of the department of labor since april and were grateful he could join us to testify for the First Time Since his confirmation. Mr. Secretary, welcome to the committee. We look forward to your testimony, which we are sorry did not arrive earlier, and discussing the department of labors policies and priorities under the new administration. The department of labor is on the front line of the issues facing workers and job creators and it sets policies that have a widespread impact on the nations economy, employment growth, Retirement Security and more. Whether they relate to healthcare, Worker Protections reeker timer planning, Work Force Development or employee wages and benefits, its the responsibility of thi
Meeting but it does seem hike this really is. He should have said really twice. Or at least three times maybe. This is it. Really really. This is like whackamole. Markets that go down they find a way and its a lot of times not what youre focussing on. Did you think once again well be 8 down . They have a plunge Protection Team like us but its not working at this point. Down 40 the market is over there in three weeks or four weeks. Still up 10 on the year. And 70 in the last 12 months. Its like the wild west. We shouldnt extrapolate everything over here from whats happening over there. But 180 points here or 8 there, maybe thats commensurate. Well wall street journal today, stocks plunged scarier than greece and thats written by the head of emerging markets and global macro at global stanley investment management. They make the point which is hotly debated in the market to what extent does the market crash in china have a Ripple Effect on the chinese economy and that has a Ripple Effect
Sharks eat them. It is a horrible story. Sunday night at 8 00 eastern on q and a. Host at our table this morning, randy woods, economics editor for bloomberg, to talk about the future of nafta. Washington,re in renegotiations began between the United States, canada, and mexico. Show our viewers what robert light hazard Robert Lighthizer had to say at the opening. Robert use of the president about nafta, which i completely share, are well known. I want to be clear that he is not interested in a mere tweaking of the provisions and a couple of updated chapters. We feel that nafta has fundamentally failed many, many americans. Here are some of the examples of what i believe needs to change. Need to assure that the huge trade deficits do not continue, and we have balance and reciprocity. This should be periodically reviewed. On autos andularly auto parts, must require higher nafta content and substantial u. S. Content. Country of origin should be verified. The provision should be included i
Americans. Here are some of the examples of what i believe needs to change. Need to assure that the huge trade deficits do not continue, and we have balance and reciprocity. This should be periodically reviewed. On autos andularly auto parts, must require higher nafta content and substantial u. S. Content. Country of origin should be verified. The provision should be included in the agreement, and be as strong as possible. The agreement should have protective provisions to guard against currency manipulation. Resign, respect our sovereignty and our democratic process. We should have provisions to guard against marketdistorting practices of other countries, including third party and state owned. Host where, in what you just heard from Robert Lighthizer, is a no go for canada and mexico . Guest i think his tone was perhaps a little combative. You have to put that in the context that he spoke right after the mexican and canadian delegations, where they both emphasized that they are lookin
Americans. Here are some of the examples of what i believe needs to change. Need to assure that the huge trade deficits do not continue, and we have balance and reciprocity. This should be periodically reviewed. On autos andularly auto parts, must require higher nafta content and substantial u. S. Content. Country of origin should be verified. The provision should be included in the agreement, and be as strong as possible. The agreement should have protective provisions to guard against currency manipulation. Resign, respect our sovereignty and our democratic process. We should have provisions to guard against marketdistorting practices of other countries, including third party and state owned. Host where, in what you just heard from Robert Lighthizer, is a no go for canada and mexico . Guest i think his tone was perhaps a little combative. You have to put that in the context that he spoke right after the mexican and canadian delegations, where they both emphasized that they are lookin