Technical difficulties. I feel very oprah. We are seeing Oil Prices Fall back 7 over the past five sessions. Oil has fallen for four of the past five days. The excuse appears to be increased production out of libya. Its the ongoing for a mentals of oil and fundamentals of oil and technical factors and levels helping send oil down. Oil is now down 20 from its highs of the year. Its not just oil that is falling. We are seeing copper also decline for the sixth session in seven. Copper down 1 today. Its pulling down some of the miners as well. Report mac rent this report mac and rioreeportmcmoran down as well. Other sectors mitigating those losses. The s p pulling back. The nasdaq down the most of the three, but by a smaller margin than in recent days. There are groups mitigating the declines. One of them is health care. Health care higher today. Regeneron has been gaining steam in particular. Stocks fell initially today after novartis said a potential blockbuster its developing to treat v
Is about your apprenticeship order. I salute your interest in that and the president s interest in it and look forward to supporting it. I have one question about it. The executive order allows you to deny access to the expansion of the Apprenticeship Program for certain sectors that already have effective and widespread Apprenticeship Programs. Is that directed at the Construction Industry . Do you plan to exempt the Construction Industry from your executive order . Secretary acosta senator, thank you for the comments and the questions. First, let me say going to your earlier combhent that this morning the department of ib comment that this morning the department of labor had a request for information regarding the overtime rule. Once approved by o. M. B. That request would ask the public to comment on a number of questions that would inform our thinking with respect to many of the issues that you raised. Now, moving to the president s executive order, the president is well familiar w
Glad youre here and appearing before this committee today to discuss your departments fiscal 2018 budget request. As you know, the budget is significantly challenged in terms of the cuts in your department. I think the proposed cuts of 2. 3 billion are about onefifth of the departments operating level. Certainly while i appreciate and many of us appreciate the departments prioritizing limited resources and making decisions to realign programs, the fundamental question is really what you choose to cut and whether you can possibly look at that number and make an argument as to why that much of your previous budget should be cut this year. Its not the first time these kinds of cuts have come in the department. Last year president obama proposed about the same level of cuts, though he proposed somehow these programs would lean heavily on new mandatory spending for the budget caps in the law then. Of course, those budget caps are in the law still. Instead of making difficult decisions, it w
Glad youre here and appearing before this committee today to discuss your departments fiscal 2018 budget request. As you know, the budget is significantly challenged in terms of the cuts in your department. I think the proposed cuts of 2. 3 billion are about onefifth of the departments operating level. Certainly while i appreciate and many of us appreciate the departments prioritizing limited resources and making decisions to realign programs, the fundamental question is really what you choose to cut and whether you can possibly look at that number and make an argument as to why that much of your previous budget should be cut this year. Its not the first time these kinds of cuts have come in the department. Last year president obama proposed about the same level of cuts, though he proposed somehow these programs would lean heavily on new mandatory spending for the budget caps in the law then. Of course, those budget caps are in the law still. Instead of making difficult decisions, it w
Point, the suspect may be at large. What we do know is that thiss happened near the Wheaton Metro station. We do know that the trains and also the metro station was search, but nothing was showed up. I was given the all clear. You can see a helicopter in theh sky can. E you can see its a very activey scene. A lot of people who are here, some shoppers, also some employees have a lot of questions about what is going on and all they seem to know is that they need to aroid this particular area from the jcpenney. Jc its also near the party city and its also in the area nearnr an amc theater and also a bar louie try to kind of paint the picture. Two men stabbed both taken to the hospital with life threatening injuries. Thre well bring you more information as it becomesatyou available. Letson talking about the weather once again and kind of a cold day. Y. Its been the theme of the week. Every day is slightly moreight bearable than the last but still it doesnt say a whole lot. Sue palka starti