Theme the situation in syria is changing rapidly this morning. What started out as a russian idea to have the international3n Community Come in and take control of syrias chemical stockpile has actually been accepted by the sirens. This as president obama prepares to address the nation tonight with a very different speech originally intended. How did this development affect the president s call for a strike on syria . Well, the president has already indicated that it would be a welcome alternative to military force, but is skeptical about it. He doesnt know at this point exactly what the details will be. Syrias acceptance of russians proposal obviously leads to a lot of questions, for example, how will the chemical weapons be taken control of, who will be overseeing the process, how will the u. S. Know for sure that these weapons cannot be used by assads forces in the future. I think it would be safe to say that the u. S. Continues to prepare for a military strike, as the president con
Economy with a specific goal of achieving a substantial improvement in the outlook for the labor market in a context of price stability. Stocks didnt react much to his comments. Trading in a narrow range. But this is probably exactly what the chairman had been hoping for. He stressed volatility has come down in the markets as heny th the markets have gotten a better understanding of what it needs to do. The futures at this point are indicated up for the dow futures and s p futures. Dow futures up by 33 points. S p futures up by 1. 25 points. Nasdaq futures indicated down by half a point. Beyond bernanke, few other events of note. Weekly jobless claims, the philly fed survey and leading economic indicators. And we have Quarterly Results from Morgan Stanley, United Health, verizon and black rock among many others before the bell. It will be keeping us busy this morning. Beyond bernanke. In earnings news beyond bernanke. Were beyond the birthday. Yes, we are. I would have gone with 21, by
Anything else, this man was not necessarily that person. However, my point was just to say that you can be lowlevel george, you can be low on the org chart and still be the guy who goes to moscow and was sending plenty of emails to people who were high level. High level, theres now it seems like there may be a fair number of people, including high level steve, mr. Bannon, who is for the first time, this is the first moment in which highlevel steve is being dragged into this investigation. First time weve heard his name in a material way and that story may be developing. Let me jump in on this. The point is that when you want to do something sensitive like this, its something akin to an intelligence operation which was what this was on the russian side and i would argue in ways even on the trump side. You do send a lowlevel guy. You dont send the senior guy. You send the low level guy because he attracts less attention. You do that with purpose. So im very much validating johns point bu
And the New York Times runs . What are the distributional consequences . Will the rich be paying more . What about the middle class . Shouldnt we be having that same discussion in the conduct of Monetary Policy . If you think about this Monetary Policy, if youve got the freedom, like ken and stan, to devote huge amounts of money into liquid assets, to play the risk game, youre going to be a huge beneficiary. So this is in some sense a policy where we also need to think about the distributional consequences. And this is in some sense a transfer to people that are rich. Trickledown economics. Stan calls this trickledown economic policy. Others can see if it worked in fiscal. Well see if it works here. Its also a transfer to those who are imprudent to those pro are prudent. Dont wait so long next time. Its been unbelievable having you. A great hour. Thank you. Thanks, joe. Thanks, becky. Good to be here. Andrew, well see you soon. Make sure to join us tomorrow. Squawk on the street is nex
Mrs. Mcmorris rodgers im pleased to yield to the gentleman from pennsylvania for three minutes. The speaker pro tempore the gentleman is recognized for three minutes. Mr. Dent i rise to support the underlying bill. The programs funded have proven effective over the past two decades in achieving real and meaningful reductions in Domestic Violence. Victims advocates in my district and around the country use this funding for battered women shelters, support for runaways. In my home state, the peff coalition against rape currently operates 50 Rape Crisis Centers that provide services to victims of Sexual Violence. These centers utilize Public Awareness campaigns and prevention education to combat the root causes of Sexual Assault. Essential institutions such as this are counting on us in this body to ensure that vawa funds remain available to support their often lifesaving work. Im proud to serve as a council of a Nonprofit Organization that provides Financial Assistance to victims of viol