Chair lowey i will say good morning again. I call this meeting of the committee on appropriations to order. Before we begin, house rules require me to remind you that we have set up an email address to which members could send anything they wish to submit in writing. That email address has been provided to your staff. Our first order of Business Today is consideration of the department of defense appropriations bill for fiscal year 2021. I will not recognize to present the bill. Thank you, madam chairwoman. Before i begin my remarks, i reluctantly have to acknowledge this will be my final Opening Statement before the House Appropriations committee. I have no new revelations to make but for those of you who will remain on this committee, there are a few things i would like to say. Him saying them as someone who is so compulsive, he saved the congressional record on the day he was appointed to this committee after years of efforts, which makes mr. Rogers, my good friend, the only person
For muni riders. Inbound and outbound trains closed. Our state representatives could change the way wildfires are paid for in the future. It could pass costs on to you. Amy holyfield is live for us in concord. Reporter good morning. Pg e is already declaring bankruptcy. This bill would protect pg e and try to prevent us from having a wildfire crisis. The bill creates a fund for wildfire victims, a 21 billion fund. This would protect the utility from having to take on this cost. This would be for future victims, not victims of the huge wildfires of the past two years. The money would come from customers and shareholders. Theres a 2. 50 charge youre already paying every month. Its a charge that was set to expire. This bill would extend it and put the money in this fund. The wildfire bill is going before the assembly today. If it passes, it heads to the governors desk and would be put into effect just as this years wildfire season gets underway. Abc 7 news. Thank you. And happening tonigh
Control. For example, the euro swiss rate, saw the dollar start to be stretching while these might be esoteric, sometimes theyre tell tale signs. Investors were worried about whats happening with President Trump, whats happening with u. S. Policy, and the big danger would be loss of confidence and potential crisis for the dollar. I dont think thats going to happen, but well see. Certainly the most recent moves in Euro Dollar Exchange rate are interesting. What do you think the fed makes of the jobs report, it is only the july report, talking about a potential december hike a couple months away, i know wages number is still pretty low. 2. 5 do you think despite that the fed is now embolden, wanting to do a third hike . I think they are. The parliamentary speeches from the fed would suggest they do want to continue the mobilization of policy give us color fresh spin on what intentions are, but i think embolden by the jobs report in line with what theyre expecting, u. S. Economy mixed dat
I am Courtney Reagan. It is your birthday and sara eisens birthday. Bill griffins as well. Thats cool what a day, august 7th shes doing closing bell later with bill. Wonder if we get cake lets get to the Global Market action futures pointing higher at this hour another week of gains for the dow. Last week up a third percent friday taking it to 1. 2 higher for the week nine straight sessions of gains in a row for the dow last week goldman, sachs had the biggest impact, best returning sector in the s p 500. Only had small gains and nasdaq was lower for the week this morning, pointing at slight gains. 23 points for the dow. Ten year fresh renote, not much ending at 2. 6 2. 27 on the ten year treasury note more on markets in a moment. First, getting reaction from the white house. New economic sanctions against north korea. Tracy potts is live with that from washington. Reporter good morning. Reaction from north korea saying theyll take righteous action against what they think is infringeme
Worldwide exchange. Everyone, on cnbc, im seema mody in from sara eisen. And im in for wilfred frost. See seema, a fantastic day, a lot coming up. A record high for the dow. Take a look at how futures are shaping up here on Tuesday Morning. A lot of earning to look at, in terms of walt disney, priceline among others here on futures trading mix, Dow Jones Industrials down by 2 points, s p down by 1 point. A lot of fed seekers coming up were looking at a tenyear field at 2. 6 , so a bit higher Economic Data out of china overnight, chinese missing expectations, the nikkei off by 0. 3 and shanghai up by 0. 1 . Shaking that data caoming out of china. A bit of a mixed market. Theyve been hovering between gains and losses the dax in germany, you cant get more flatter the german dax, ftse, in uk, all up by 0. 1 of 1 overall. Seema, the Economic Data well talk about in just a couple minute but still not having that wailing effect that people thought it was going to have either in asia or europe