Teacher or a veteran or someone who puts their life at risk every day that we might be free. Help us to find time to assist the families of military personnel and time to pray for the safety of their loved ones. Help us to find time to see the needs and the gifts and the worth of others. O lord, help us to find time to be your hands and your feet in a world that desperately needs love. In jesus name, amen. The speaker pro tempore thank you, pastor. The chair has examined the journal of the last days proceedings and announces to the house his approval thereof. Pursuant to clause 1 of rule 1, thejournal stands approved. Pledge of allegiance will be led by the gentleman from New Hampshire, mr. Pappas. Papadopoulos mr. Pappas of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. The speaker pro tempore under rule 20, the chair announces to the house that in light of the passing of the maryland, mr. Cummings, the whole numbe
We are going to start with the u. S. Reducing Interest Rates by a quarter of a percent. However, jay powell signaled a economiccuts and the outlook materially changes. Treasuries weakened on the announcement while stocks and gains showed gains. [indiscernible] a strong labor market. The latest on brexit, four shots and squared off with Jeremy Corbyn in their first parliamentary clash of the election campaign. Johnson said corbyn would deliver an economic catastrophe for britain and that the second aexit referendum should be glorious year in 2020. , the time for protest is over mr. Speaker, it is time for leadership and that is what the government provides. Hope for a u. S. China trade doubtse in downs and in doubt. The white house says it will continue to finalize the phase one deal in the coming weeks. Apex organizers say they have no claim to withhold it elsewhere at this point and chili also canceled the yuan Climate Conference scheduled for december. Global news 24 hours a day, pow
Captioning performed by vitac by those we regulate, and of course, by this committee and congress. Whether were making changes to the staffs longstanding review process for shareholder proposals, assessing the duties of Investment Advisers or considering how to strengthen company disclosures, we must be fair and transparent about the policy choices we make and the data and information on which we rely on making those choices. I thank the committee for its oversight of these important issues. And i stand ready to answer your questions and listen carefully to your thoughts and concerns. Thank you. Commissioner lee. Chairman clayton you are now recognized. And i want to echo the thoughts of my colleagues on the opportunity we have to testify today and note that their testimony demonstrates the wide range of issues that the Commission Deals with every day. I want to thank this committee for your support of the commission and in particular the dedicated women and men who are our most import
Whole new level. We have details on a new combo that defies logic. It is wednesday, it is septembe starts right now. Wednesday morning. Take my blues away. Wednesday morning. Its going to be a brighter day. Wednesday morning. Its come so many times before. Cheryl welcome to fbn a. M. And good morning. Im cheryl casone. Lauren good morning. Im lauren simonetti. Cheryl it is fed decision day. Lets take a look at how your money is moving this morning as all eyes turn their attention to jay powell and company. Weve got slight losses in the futures market, the dow is down 31, nasdaq down 11 and three quarters. Lauren the yield on the 10 year treasury stands at 1. 78 . Down again today, 3 basis points. Cheryl oil heading south again after the saudis said full Production Capacity will be back on track. The oil, down 40cents, 58, 98. Lauren stocks in asia closing the session mixed. The nikkei down twotents of 1 . Cheryl european investors are waiting on the fed decision today in here this coun
Decade, peloton tracking lower thats straight ahead. Stephanie is back. Some encouraging signs on the economy particularly in housing. We talk about this endlessly about the consumer being strong, manufacturing being weak really benefiting from low Interest Rates home sales at a 32 month high. Thats impressive. The other thing is nasdaq is up. This is where the momentum is in our economy. People are wondersing about the consumer i think its a very good sign. I own dr horton, home depot, stanley, black and decker. Im in this trade for sure dr horton is the home builder. We were talking about valuations youre talking about 12 times earnings, one and a half times book value i think theres a lot of pent up demand especially if rates stay low. You have the whole new generation, millennials starting to buy more. S p and dow down 0. 1 russell and nasdaq down more lets go to the ipos we went to peloton wild week for Companies Looking to go public and some names have already recently hit the ma