During the hearing, she discussed infrastructure projects, highway and rail safety, investment into the theons ports, and discretionary Grant Programs that address the needs of rural and urban areas. Rep. Price the subcommittee will come to order. Good morning. Im pleased to kick off our subcommittee hearing season for this and other subcommittees by examining the fiscal year 2021 budget request for the department of transportation. Secretary chao, welcome back and thank you for joining us. Glad to have you here. Infrastructure serves as the foundation for our economy and our quality of life. It facilitates the flow of goods and services, connects people to employment and educational opportunities, and plays a significant role in our nations overall welfare. Theres no question our country requires a massive infusion of investment to repair deficient bridges, restore transit systems to a state of good repair, improve our ports, and build new runways for our airports. We must also make f
Neil. Well, you said it when you set this up at the top. The conversation here on the floor has surpassed this notion of correction which the markets have gone straight through, but now traders are talking about bear market territory. That would be a 20 decline from alltime highs. Theyre saying they hope it doesnt happen, they hope maybe a bottom is set here today. The problem is theres just so much uncertainty, and we dont know where this whole situation is going to go. You know, the comparison has been made to the financial crisis, but there was an orderly process, right, between the government and the banks that stepped in to try to work on things. There was some uncertainty, but people were working on it. With this, were not sure how bad it can get, and thats whats spooking investors. Now, the s p 500 entering correction territory, it only took six days to get there. That is pretty staggering. The last high that we saw was on february 19th. Its been the worst trading week since tha
European Union Leaders meet to discuss ways to compete with the u. S. And china. On in sport title holders of political face an uncertain future in this seasons Champions League beats and war mill in spain by a Flintstone Woodridge in the 1st leg of their last 16 towing. Efforts to end the fighting thats torn libya and to have suffered yet another setback the internationally recognized government in tripoli has now suspended its involvement in talks in geneva after the capitals port was attacked on tuesday at least 3 people were killed when rockets were fired by forces of world Khalifa Haftar now the port is the main entry point for supplies into libya have to Us Forces Say their target was an arms depor their leader has been trying to capture the capital since april tripoli is government is now insisting the talks cannot continue until the wild family responds to what it calls have violations our diplomatic editor james bays begins our coverage from geneva. The port in the libyan capi
Region, his efforts to make a significant strike against americans. Weve been planning for this and we were prepared. Paul Mark Dubowitz, chief executive for the defense of democracy. Welcome. Good do see you again. I was reading your twitter feed and i notice that you were saying that this killing of soleimani may be more significant even than the killing of osama bin laden. How so . Qasem soleimani for 23 years has dominated the middle east. If you can imagine combination of our joint special Operations Commander with our joint chiefs of staff with our cia director and our foreign minister or secretary of state, you roll that into one man and thats qasem soleimani. Paul he had that much influence . Huge influence. Huge yopower. Huge power. Really somebody to be admired for his prowess and operational capacity as well as his tactical brilliance. He really has created enormous difficulties for u. S. Interests, as secretary pompeo said, he has american blood on his hands as well as the
Live coverage here on cspan 3. Congressman walker, we are on the record so i will repeat what i said previously, because our friend who is injured because he tried to wrestle me, he has made the decision to briefly pause his career in Public Service and i dont believe it is the last chapter by any sense of the word, but to say so definitively on the record has been one of the greatest honors of my life, serving on this subcommittee with m mr. Walker and i look forward to serving with you in many different capacities for many years to come, sir. So this subcommittee is meeting today to receive testimony on confronting the rise in antisemitic domestic terrorism. Without objection, the chair is authorized to declare the subcommittee in recess at any point without objection, members not on the Committee Shall be permitted to sit and question the witnesses. I now recognize myself for an opening statement. And i will make it quick, because im very eager to hear the testimony of the experts b