Will be our guest on the bus. Starting at 9 30 a. M. Eastern. Now, federal Emergency Management Agency Administrator testifies at a Senate Hearing committee on the federal response to the hurricanes that recently hit the u. S. Territories. This hearing has come to order. On the one hand, it is nice to see senator carper acting as my Ranking Member. But the circumstances are unfortunate, to say the least. Senator mccaskills husband is in the icu. Senator mccaskill is with him in missouri. We want to send her thoughts and send them our thoughts and prayers. I just mentioned, he had a massive heart attack, i think it was an internal did did you later that may have say defibrilator that may have saved his life. There is still blockages to worry about it additional surgery that needs to be done. To what the chairman said, keep them in our thoughts. Thank you. I want to thank our witnesses, not only for being here and your testimony, for what you are about to answer in terms of our questions
This morning. The dow logging another record high as it marches toward 20k. Day one of that fed meetinging. President elect trump announcing exxon mobil chairman and Ceo Rex Tillerson as his pick for secretary of state. Plus, microsoft cofounder bill gates speaks out. Trumps policies on trade, relations with china, Interest Rates, and a lot more. But first up, the march towards 20,000 continues. The dow is on track to open trading at an alltime high one day after posting its 15th record closing high since the election. We also have the fed kicking off the twoday meeting, many expecting it to result in a rate hike tomorrow. Jim, i assume theres no doubt in your mind about that. No. And i think that the banks have to have it. We saw the banks waivever. This is not an all trump stock day. We got china, good numbers. Italy, major recapitalization. I think there was another time this market would be up huge just recognizing these italian banks are getting their act together. Im worried abou
Jerusalem after a palestinian bus driver was found hang. Israeli police say he committed suicide. Demonstrators claim foul play. And a federal investigation has now govern in to the National Football league over the distribution of painkillers. We begin in missouri where governor jay nixon signed an executive order today declaring a state of emergency and the state National Guard has now been activated. The moves come as a grants jury is expected to decide any day now if Police Officer Darren Wilson should be inning date evn connection with the shooting death of 18yearold Michael Brown. And what is the state of emergency and the National Guard being called up entail, reporter Governor Nixon issuing this executive order a couple of moments ago, many consider it could be coming sooner than later. The guard cass pwha pbs activated but it also means the county and state Police Department and the Highway Patrol will act as a unified group. Thats what this executive order entails, its in pla