86point gain. S p and nasdaq also looking to be higher at the open. In other news, lebron james is trying to do damage control after criticizing the Houston Rockets general manager darryl morey for his comments on the hong kong protests. Wait until you hear what lebron is saying now. The democrat president ial candidates are in ohio for their big debate tonight. You can bet they are going to rip President Trump and promote their far left policies so how will that play in ohio, of all places . We are on that all morning long. And we have a lot to go at this morning, including Mark Zuckerberg meeting with some big name conservatives, walmart delivering groceries right to your fridge. That and so much more. Varney company starts right now. Charles hey, go happy birthday to you ashley go, baby, go. Charles stevie wonder, folks. Classic happy birthday in honor of fox business. Its our twelfth anniversary. The Network Launched 12 years ago today. Golly, time flies. We are of course thankful
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] the committee will come to ord order. [inaudible conversations] [inaudible conversations] [inaudible conversations] without objection the chair is authorized to declare recess of the committee at any time. This hearing is entitled an examination of facebook and its impact on the Financial Services and housing sectors. I now recognize myself for five minutes to give an Opening Statement. Today we are here to examine the act of facebook on the Financial Services and housing sectors. Our sole witnesses the facebook chairman and ceo, Mark Zuckerberg. Facebooks plan to create a Digital Currency, libra, and a digital wallet raised many concerns relating to privacy, trading risks, discrimination, opportunities for diverse owned financial firms, National Security, Monetary Policy and the stability of the Global Financial system i and other democrats have called for a moratorium on facebooks
The chair on this vote the eas are 187, the nays are 224. He amendment is not adopted. The question is on the committee amended in the nature of a substitute. So many as are in favor say aye. Those opposed, no. The ayes have it. The amendment is adopted. Accordingly, under the rules the committee rises. The speaker pro tempore mr. Chairman. The chair the committee of the whole on the state of the union has had under consideration h. R. 3624 and pursuant to House Resolution 629, i report the bill back to the house with an amendment adopted in the committee of the whole. The speaker pro tempore the chair of the committee of the whole on the state of the Union Reports that the committee has had under consideration the bill h. R. 3624, and pursuant to House Resolution 629 reports the bill back to the house with an amendment adopted in the committee of the whole. Under the rule, the previous question ised odd. The question is on adoption of the amendment in the nature of a substitute. So ma
Schedule. Congressman scalise started by asking leader hoyer about Republican Committee members rights during the closeddoor hearings. H this impeachment inquiry. And there are hearings going on behind closed doors. Many of my colleagues have tried to attend some of those hearings and have been turned away if they are not on the committees of jurisdiction, colleagues that have tried to read things like the volcker testimony and have been turned away, denied the ability to do that. There is a real concern that there is an attempt to impeach a president of the United States, remove a president who was dualy elected using a process of secrecy behind closed doors where one person is setting the rules, breaking with the tradition that weve always had with the only three other times in our countrys history where an impeachment inquiry began in the house. They laid out rules of fairness where people were able to ask questions on both sides, people were able to call witnesses on both sides, ev
Congressional district. Only a few times in our history has Congress Come together to pass legislation to dramatically improve the lives of the american people. Social security, medicare and medicaid, the Childrens Health insurance plan. The americans with disabilities act. Medicares drug benefits. And, of course, the Affordable Care act. We changed lives. We saved lives. Now, we continue to work for the people with h. R. 3. The lower drug costs now act. We are working to pass this bill into law so it can join these momentous commitments. We pay more for our prescription drugs than any other country on earth. We have made incredible advances in medical science and developed cures not only for our own people, but also for the rest of the world. And yet, even when our own researchers and scientists have dedicated their lives creating lifesaving drugs, too many of our fellow americans cant afford the benefits of their brilliance. In the United States today, a disease or chronic condition