The Senate Environment and public works Works Committee held a hearing on how infrastructure legislation can help the economy recover from the coronavirus pandemic. Senators and panelists discuss the best way to fund road and bridge projects. Good morning. I called his hearing to order. Before i discussed todays hearing i want to say a few words about what is happening in communities across the country today. This is a time of great pain and unrest for our nation. Americans are truly outraged by recent killings. Anyone who watched the video the murder of george floyd has to be horrified and heartbroken. The resulting peaceful protests about police abuse against any american citizen are important and necessary. They listen to the voices of africanamericans about police brutality. Some of the peaceful protests were hijacked by filing criminal, distraction, looting and arson stop. Those who commit these crimes dishonor the memory of george floyd and dishonor the cause and the Peaceful Pro
Good morning. I call this hearing to order. Before i address the topic of todays hearing i want to say a few words about whats happening in communities across our country today. This is a time of great pain and unrestfor our nation. Americans are truly outraged by recent killings. Anyone who watched the video of the murder of george floyd has to be horrified and heartbroken. The resulting peaceful protests about police abuse against any american citizen are important and necessary our nation needs to listen to the voices of africanamericans about police brutality. Every american citizen deserves justice under the law. Some of the peacefulprotests have been hijacked by violent criminals. The destructing and looting and arson must stop. Those who commit these crimes dishonor the memory of george floyd and dishonor the cause for which the Peaceful Protesters first took to the streets. Now in a moment of americans to come together to listen and to heal. The goal of this hearing today is to
2662, the growing American Innovation not act, or linking act. This bill would bring long overdue legislative reform to the clean air ask new Source Review Program. The new Source Review Program protects airquality when factories and power plants are modified in newly built. Gain act provides muchneeded clarity to factor in power plant owners as well as to state permitting officials about when permits are needed. The new Source Review Program was originally designed to support pollution control projects and upgrades. It had the opposite effect. In its current form the program is complex, costly, timeconsuming. The program directly slows Economic Growth and slows job creation, Technical Innovation as well as the ability to modernize our american industry and infrastructure. The association spent a letter to the committee outlining the extreme burden that new source review places on its members. The association explained a Member Company sought a permit to combust alternative fuels. The
S2662, the growing American Innovation now act or the g. A. I. N. Act this would bring long overdue ledges lative reform to the Clean Air Act review program. It protects air quality when industrial boilers, factories and power plants are modified or newly built. The g. A. I. N. Brings clarity to factory and power plant owners as well as to state permitting officials about when permits are needed. The new Source Review Program was originally designed to support pollution control projects and upgrades. Its actually had the opposite effect. In its current form the program is complex. Its costly. Its time consuming. The program directly slows Economic Growth. It slows job creation. It slows Technical Innovation as well as the ability to modernize our american industry and infrastructure. The Portland Cement Association Submitted a letter outlining the extreme burden that new source review places on its members. The association explained that, quote, a Member Company sought a permit to comb
Season. Can the results wipe out all the negatives that seem to be hanging over the markets. The answer today seems to be yes. Lululemon shares jumping on news that the stock would be added to the s p 500 taking the place of activision blizzard. A lot of action in bitcoin. Around 28,000 right now. 4. 5 pop. Hopes are rising not just for the approval of one but perhaps for several spot bitcoin etfs. And lets get right to this big market gain and what is driving the marketsby zansan bi. And what is important for most of the day, yields have been higher. It is not affecting stock prices. This is a very encouraging trend. Weve been waiting for this for a long time. The s p 500 believe it or not, were in a bit of an up trend. I dont want to make too much of it, but were at the top end of the recent one month trading range that weve seen. So the 50 Day Moving Average is 5402. Dow strong as well. Weve had strength with united health, mnike. Vee st a strong as well. And there is great strength