Lord, we are grateful that you have promised never to leave us. In the challenge of decisionmaking, with its fluctuating intricacies, give each lawmaker a deeper appreciation for cultivating a Conscience Void of offense toward you and humanity. Today, Show Mercy to the members of this legislative body. Lord, let your sovereign hand be over them and your holy spirit be with them directing all their thoughts, words, and works for your glory. We pray in your merciful name. Amen. The president pro tempore please join me in reciting the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with Liberty And Justice for all. The president pro tempore under the previous order, the leadership time is reserved. Morning business is closed. And under the previous order, the senate will proceed to executive session to resume consideration of the following nomination, which the clerk will rep
Take you live to the senate on cspan 2. The presiding officer the senate will come to order. The chaplain, dr. Barry black, will lead the senate in prayer. The chaplain let us pray. Eternal god, who alone spreads out the heavens and rules the raging of the sea. Give our Lawmakers Wisdom to draw near to you. May they daily seek your presence, as they reflect on your sacred word. Guide them with your instructions, keeping them from falling in lifes slippery places. May they strive to please and honor you by living with integrity. Mighty god, since we have you, what else could we possibly want on earth . We pray in your matchless name. Amen. The presiding officer please join me in reciting the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with Liberty And Justice for all. The presiding officer the clerk will read a communication to the senate. The clerk washingt
Of our power to so Many Technology companies thats why there is a discussion now in washington, d. C. , about regulation should they be regulated not just facebook, but every company. They lost my trust because of how they have handled their privacy scandal. They are in a crisis of trust. Facebook is still in that crisis of trust and so you see those actions by customers, consumers, and executives now, they can change every company can change theyre not the only company thats going through a crisis of trust. But our Industry Needs to wake up and realize that there is a tech lash happening. Meanwhile youve got alphabet going to capitol hill on friday. A Senate Commerce hearing today about Consumer Data Privacy regarding social Media Companies and tech joining us this morning, chris aleman oversees the Worlds Largest educatoronly pension fund, just over 227 billion under management chris, its good to have you back, good morning to you. Thanks for joining us. Good morning, good to see you
About more rate hikes ahead and about the outlook for the American Economy were all over that. You cannot afford to go anywhere power lunch starts right now lets get a check on the markets ahead of the fed decision the dow is up for the first time in about three days, pushing closer to record highs a gain right now of 82 points. The s p 500 up for the first day in four. Thats up about 9. 5 points the nasdaq is on a threeday winning streak, its longest since late august. The nasdaq is higher by 34 points ibm is driving the dows gains adding 25 points all by itself and that is helping to offset the drop in nike shares on the back of its earnings it is the ipo of the day here, and of course were talking about survey monkey. Shares are soaring about 60 in its debut as a publicly traded company. And Home Builders are taking a hit at the prospect of higher rates, Mortgage Rates and a 30year loan very close to 5 new home sales data coming in strong more on the health of housing straight ahead
Tailwind for markets. Aston martin races ahead after announcing an ipo price that values the carmaker at 5 billion pounds. And old Mutual Shares rocket to the stop of the stoxx 600 after the Financial Conduct Authority dropped a probe into the companys treatment of customers. We are just getting the announcement from the Norwegian Central Bank about their Monetary Policy. Central bank, this one has not really done anything, they kept the key policy rate at the current level. Pretty much in line with expectations they were not expected to make any changes on Monetary Policy theyre updating their growth and cpi forecast from what i can tell the core cpi forecast in 2020 is pretty much where they were before, unchanged. Actually correction. I apologize. They have actually raised Interest Rates i was reading a different headline they kept the key policy justified it by saying they kept the key policy rate at the current level for too long, and this provided justification for raising the ra