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Transcripts For CSPAN2 Key Capitol Hill Hearings 20141204

Translator you know, who or when . Answer the question. Were the concerns about using Ammonium Nitrate as a propellant related to the execs that takata did it make it up the food chain . I dont know about that. You have a good team with you we will allow you to respond. My time is expired for i have five other questions and i will submit in writing and i would like to answer before the end of the year. I yield back. The gentleman from maryland your recognize five minutes. Mr. Shimizu takata has agreed to the recall at its expense with respect to the drivers side and passenger side air bags within the regions where there are high absolute humidity. Is that correct . Yes. And you said a moment ago that you do not yet know the root causes of the defect for the of problem with the deployment of those air bags with respect to that regional recall . Congressmen we have not identified the root cause yet. So what is contributing is the temperature and high committee. I am willing to take more

Transcripts For CSPAN2 Key Capitol Hill Hearings 20141204

Correct . We did not see that before you change propellants. The cousin of this inflator so we focus but to look at this moment that is why we focus of that. To expand on mr. Sarbanes question, you filed a safety recall a month ago involving a a defect in the air bags produced in mexico. Correct . Yes. You still produce air bags that have defects in them i know the nature of that defect but it goes to the question if we can be confident that even the are replacements provided the are safe but how can you be confident those Replacement Parts if they are safe if you still buy them from takata . The specific issue happened in mexico it was many years ago. But as i said from previous issues so that process is taken care of. Is capable and i am confident it is there. Of late to submit the question to the manufacturers to respond how we could be confident the equipment they are using today is safe . I yield back. The chair recognizes the vice chair. Thank you. Are treated on the road today s

Transcripts For CNBC Squawk On The Street 20120228

higher across the board. europe has a selective default downgrade on greece here. we re down by a fraction of a percent. meantime, road map for this morning, what is up with dow 13,000? a researcher reminds us how bad the dow performs whenever it crosses a thousand point increment. we expect an upbeat outlook. did you know. a cruise can liner has lost power in the indian ocean. priceline not supporting many black eyes. the stock is up 6% this morning as domestic bookings rose to the highest level since 2010. do you know anyone who really uses google plus? those users are spending literally a few minutes on it a month. in the meantime, the dow can t seem to end the day above 13,000. does this mean that the 2012 rally is nearing an end? i want to get cramer s take on that. 39 times the dow has crossed a thousand point increment. in the following two weeks, down half the time. average loss over two weeks of .4% s that a natural hangover? i think there are a lot of

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