Federal Officials Say the Safety System could have prevented recent a real mans including amtrak trains the House Transportation Committee hearing includes testimony from witnesses representing the federal Railroad Administration, ntsb and freight rail companies. This is two hours. [inaudible conversations] the committee will come to order. Without objection the chair is authorized to declare a recess at any time i ask in his consent members be permitted to sit and ask questions without objection so ordered good morning welcome to the subcommittee on railroads pipeline and Hazardous Materials before we proceed i would like to extend our deepest sympathies to those impacted by the recent rail accidents across the United States. Todays hearing focus is on positive train control across United States and as we have seen we are in need of an update, ptc has a challenging process for the Railroad Industry despite these it is a top priority and we must investigate and find solutions to implem
[inaudible conversations] the committee will come to order. Without objection the chair is authorized to declare a recess at any time i ask in his consent members be permitted to sit and ask questions without objection so ordered good morning welcome to the subcommittee on railroads pipeline and Hazardous Materials before we proceed i would like to extend our deepest sympathies to those impacted by the recent rail accidents across the United States. Todays hearing focus is on positive train control across United States and as we have seen we are in need of an update, ptc has a challenging process for the Railroad Industry despite these it is a top priority and we must investigate and find solutions to implementation obstacles and that is the purpose today to hear the limitations status of ptc across United States i now welcome the Ranking Member for massachusetts to make the opening statement. I asked consent to include the staff. Without objection two a generally keep my opening remar
Id like to go further back to john f. Kennedy. My irish grandmother on my mothers side she had a picture of jfk on her wall. I think thats mainly because he was irish and catholic and handsome, but i would put a picture of him on the wall because he was a tax cutter. A lot of people dont know that. He was the last democrat who really believed in cutting taxes and what happened, sadly, he didnt live to see a lot of this. But what happened as a result, the economy soared in the mid to late 60s, as did the stock market. So, jfk proves when we cut taxes, we incentivize people and put money in their pockets and empower them. Great things happen and prosperity is lifted for all. Particularly the middle class. Liz lets not forget at that reagan was irish and handsome, too. The evidence is there in the chart, but i will say this in response to steve, that, of course, you were cutting from a much higher level of taxation than we have today and even as we consider it high taxation at 39 for an i
Id like to go further back to john f. Kennedy. My irish grandmother on my mothers side she had a picture of jfk on her wall. I think thats mainly because he was irish and catholic and handsome, but i would put a picture of him on the wall because he was a tax cutter. A lot of people dont know that. He was the last democrat who really believed in cutting taxes and what happened, sadly, he didnt live to see a lot of this. But what happened as a result, the economy soared in the mid to late 60s, as did the stock market. So, jfk proves when we cut taxes, we incentivize people and put money in their pockets and empower them. Great things happen and prosperity is lifted for all. Particularly the middle class. Liz lets not forget at that reagan was irish and handsome, too. The evidence is there in the chart, but i will say this in response to steve, that, of course, you were cutting from a much higher level of taxation than we have today and even as we consider it high taxation at 39 for an i
Proceedings on the postponed questions at a later time. For what purpose does the gentleman from michigan seek recognition . Mr. Speaker, i move to suspend the rules and pass the bill h. R. 3973, the market Data Protection act of 2017. The speaker pro tempore the clerk will report the title of the bill. Union calendar number 299. H. R. 3973, a bill to amend the securities and exchanges act of 1934 to require certain entities to develop internal risks, control mechanisms to safeguard and govern the storage of market data. The speaker pro tempore pursuant to the rule, the gentleman from michigan, mr. Huizenga, and the gentleman from california, mr. Sherman, will each control 20 minutes. The chair recognizes the gentleman from michigan. Mr. Huizenga mr. Speaker, i ask unanimous consent that all members may have five legislative days to revise and and their remarks include extraneous materials on this bill. The speaker pro tempore without objection. Mr. Huizenga mr. Speaker, at this time i