News of more pipeline and refinery disruptions are all in the aftermath of Hurricane Harvey now reports of more storms brewing. Well break down the impact on energy prices. And explosion and fire at a Chemical Plant in texas. Were live on the scene with the impact. Scary stuff trying to figure out if its toxic or not we bring with treasury secretary Steve Mnuchin picking up President Trumps baton who spoke to our Steve Liesman earlier with hoy lights of that conversation. Thank you very much u. S. Treasury secretary Steve Mnuchin sitting down exclusively with cnbc saying the detailed plan cometh despite criticism that President Trump was promoting a plan without detail. Mnuchin says there is a plan, and it will be released within the next few weeks. Originally our goal had been august unfortunately, things got delayed a bit, but were on a track to get this done by the end of the year, so youre going to see the details come out later this month its going to go through a committee proces
We now take you to the house of representatives. The speaker pro tempore the house will be in order. The chair lays before the house a communication from the speaker. The clerk the speakers room, washington, d. C. , september 21 hshgs 2022. 2022. I hooeb i hereby appoint the honorable appoint the honorable Henry Cuellar to act as speaker pro tempore on this day. Signed, nancy pelosi, speaker of the house of representatives. The speaker pro tempore pursuant to the house of january 10, 2022, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate. The chair will alternate recognition between the parties. With time equally allocated between parties and each member other than the majority and minority leaders and minority whip limited to five minutes. But in no event shall debate continue beyond 11 50 a. M. The chair now recognizes the gentlewoman from the virgin islands, ms. Plaskett, for five minutes. Ms. Plaskett thank you,
Hurricane katrina and super storm sandy. Now a new estimate that says that harveys damage could cost more than both of those combined. 190 billion is the total coast. Now dr. Joel meyers says that Business Leaders and major banks, the Federal Reserve should factor in the negative impacts this catastrophe will have on business, corporate earnings and employment. Thats consistent with president trumps guess that theres never been a Natural Disaster like Hurricane Harvey. Some businesses wont be able to get back the money theyll be losing the next few months as mold is removed and drywall is replaced. Many businesses wont get the money theyll lose. Part of the calculation is like gasoline going up because harvey interfered with the normal supply process. Then you have the cost of replacing houses and the belongings inside of them. That is something that harveys victims will have the start doing as soon as theyre allowed back. Lauren . Lauren peter, thank you. Harvey hitting as the news of