Live coverage here as long as it lasts on cspan3. [ banging gavel ] rules committee will come to order. And good afternoon. And welcome to another fun day at the rules committee. Today we have an exciting panel with two very experienced members who take time to visit the rules committee often. We welcome the young chairman of the Financial Services committee, the gentleman from dallas, texas, mr. Hensarling, as well as the gentlewoman, my dear friend, ms. Waters, from los angeles. And were delighted that youre here. The rules committee today will be considering hr3971. The Community Institution mortgage relief act of 2017. And hr477, the Small Business mergers acquisition sales and brokerage simplification act. Of 2017. And house joint resolution 123, which will be the second part of the hearing today, the continued appropriations act of 2018. M a brokers provide Necessary Services for small, private companies that are looking to merge. And or to be acquired. But m a brokers can face s
Nutrition for street to order. Todays hearing marks this committees ninth hearing this year, dedicated to enlisting listen to our stakeholders around the country on out our Office Programs are currently working or need improvement as we work towards farm bill reauthorization during this congress. This includes taking a look at spending request for proposals for 39 programs in the farm bill that do not have budget baseline. And as i said each of these hearings are committee must be mindful of very tough budgetary environment that we have to face. While it is a principal duty of this committee to ensure the next farm bill provides our nations agriculture produces with the necessary tools and resources to feed a growing and hungry world, our responsibilities and the will of the is a you not stop there. It is also critical for next farm bill works to support Rural Businesses and cooperatives and Health Clinics and schools, Renewable Energy, and biobased product manufacturers manufacturers
By just three hours. Jamie dimon making personal phone calls to washington. More details emerging from the sony hack. What it means for sonys power now within the industry. Straight ahead, the ceo of adobe will join us after beating estimates. Stock is up nicely this morning. We start with the markets. Many mark harris head of Global Research joins us. As the price of Oil Continues to come down, are you reassessing the implications for more and more investors . Oil is linked into every market. Fx, emerging markets, we cannot escape the realities of oil hitting 58 on wti. My strategist has a very strong view. We will continue to see pressure through the first quarter. At that point, we are predicting and do expect that there will be more pressure on the saudis, at least at these levels to put that production in in a different way than they stated previously. How does that change your advice to investors . What does it mean for the market overall . I think the truth of the matter is, we
Welcome to squawk on the street live from the New York Stock Exchange, im carl kin ten nia with melissa lee, cramer and neighborer are off today but we are joined by dennis. Good morning to you dennis, thanks for coming in. Futures today, a lot to deal with as you probably know. The fiscal cliff headline watch continues. You just heard john kanas say the market not too concerned. Futures up 21 points. Decent data out of europe, we will talk about in a minute what a day for the asian markets again. Also coming up. Our road map begins at Andrews Air Force base where the president arrives in a couple of hours, cutting his hawaiian vacation short to address the fiscal cliff s there really any hope in the last attempt . Does the market fade if theres no news tomorrow night . The nikkei continues its 21month run. How much is the boj willing to put up with . Looking a at potential strike in the nations port on the east and southern coast, the first since 77 that could cost retailers and impor
Olebogeng Motse speaks to Thembeni Nxangisa, Chairperson of the Economic Development Committee.They discuss the latest from the 4th Quarterly non-financial reports for 2022/23 financial year.