This is just over three hours. Good morning, everyone. The committee will come to order. Before we begin this mornings markup, id like to extend a special welcome to some of the folks that are here this morning. They have come a long way. Several of alaskans have flown down are the north slope to be with us recognizing that this is their home. I think its important that they are here with us today. We welcome them. Id also like to add, just a farewell at the same time that we acknowledge a welcome. I dont see angela heres over there. But Angela Becker editman who has been senator cantwells staff director, i understand, is moving back to the west kocoast. And that this is perhaps your last day on the committee or last week on the committee. And i just i want to acknowledge the work that you have done. I think that, certainly, the staffs on our side have enjoyed the working relationship that we have had with you through some interesting and challenging issues and your leadership has been
Hatch hatch he has an interesting mr. Hatch he has an interesting way of trying to get his point of view across. It shouldnt b done here in this august body. The senate will soon vote on h. R. 1, the tax cuts and jobs act. Ive waited a long time to give this final statement in support of tax reform legislation. As you know, mr. President , ive been in the senate for a little while. Ive been party to a number of major legislative achievements like the passage of the americans with disabilities act, the creation of the chip program the Child Health Insurance program and the religious freedom restoration act, which has given, just to name just a few. These are landmark bills, and ive had a lot to do with them. The legislation before us is as important and farreaching as anything ive been privileged to work on. Its beyond gratifying to see the senate reach this point and i look forward to finally seeing real tax reform legislation signed into law. I apologize for this type of intemperate a
From texas Lieutenant Governor dan patrick with us. Plus Committee Chairman congressman mccall is here. Also the fallout from the pardon of sheriff joe arpaio. Was it the right time to make this move . We will talk to a congressman about that. Tough reelection battle, arizona senator jeff flake takes on President Trump. Will that tactic score many points against his g. O. P. Primary challenger dr. Kelly ward . As we look ahead right now on sunday morning futures. And we kick it off of course were watching a very dangerous situation unfolding as we speak this hour in southeastern texas. Houston, the nations fourth largest city, inundated with widespread and catastrophic flooding. Over 1,000 water rescues performed there overnight. So far at least two have been confirmed dead. The number is expected to climb. Emergency responders are simply overwhelmed. Officials are telling people in the houston area to call 911 only if you are in a lifethreatening situation. If your life is in imminent
From texas Lieutenant Governor dan patrick with us. Plus Committee Chairman congressman mccall is here. Also the fallout from the pardon of sheriff joe arpaio. Was it the right time to make this move . We will talk to a congressman about that. Tough reelection battle, arizona senator jeff flake takes on President Trump. Will that tactic score many points against his g. O. P. Primary challenger dr. Kelly ward . As we look ahead right now on sunday morning futures. And we kick it off of course were watching a very dangerous situation unfolding as we speak this hour in southeastern texas. Houston, the nations fourth largest city, inundated with widespread and catastrophic flooding. Over 1,000 water rescues performed there overnight. So far at least two have been confirmed dead. The number is expected to climb. Emergency responders are simply overwhelmed. Officials are telling people in the houston area to call 911 only if you are in a lifethreatening situation. If your life is in imminent
Rishaad right, well, banks reporting out of china this week. Note onjust seen a nonperforming loans. People keeping an eye on that. This is an alarm bell for the amount of debt they are caring. Showing what 9438, is happening. Out of all of them, it is Agricultural Bank of china which is the worst. Its nonperforming loans seemingly worse. All will be revealed this week, the big four out with earnings and indeed these numbers as well. Haidi absolutely. A lot to digest when it comes to the asian open. We are getting the washer from jackson hole, more what wasnt said by janet yellen and mario draghi, the latter refraining from commenting on Monetary Policy or the strength of the euro. The dollar lower on the account of janet yellen sounding more dovish than expected. We had saber rattling out of north korea, and the big calendar when it comes to macro data. Friday, and china pmi rounding out that picture when it comes to the chinese economy. We are 30 minutes away from the open in china a