National security and tiktok says it is pure politics. And the official nomination of President Trump at the republican convention. He says his opponents want to steal the election. Haidi we have again u. S. ,arkets with fresh record highs a little relief given expectations of the fasttrack process when it comes to vaccines and therapeutics as well. The s p 500 notching another alltime high, there is optimism the virus will not hamper growth. We are seeing a muted session on it comes to the futures sessions, flat at the moment. Little negative when it comes to the start of trading in asia. The nikkei to do five trading in chicago seeing downside about 1 10 of 1 . Dollaryen holding. The biggest declines in the g10 space was the kiwi and looney. We are also watching the price of crude as we have twin storms approaching. 80 of refinery output in the gulf of mexico has been halted, potentially seeing some impact when it comes to crude prices, which did rise, gasoline hitting the five month
158 billion. Following open remarks, lawmakers offer amendments focusing on high speed rail authority, face mask requirements for mass transportation, and Disaster Relief funding. Our third order of Business Today is consideration of the transportation housing and urban Development Appropriation bill for fiscal year 2021. I will now recognize mr. Price to present the bill. Thank you. Thank you, madam chairman. I guess we can assume everyones now ready for the main event. Im proud to present the fiscal 2021 transportation housing and urban Development Related agencies appropriations bills. Before i mention a few of the bills highlights i want to once again thank our Ranking Member and former chairman of this subcommittee for his unfailing good humor and cooperation and collaboration. Hes a pleasure to work with. I also want to thank full Committee Chairwoman nita lowey for her steady leadership, kay granger for her leader and the committee. Finally i want to recognize our accident staff
Withdrawing the amendment. If there is no further debate, the amendment we are back live at the House Appropriations committee. Theyre working on 2021 spending levels for the defense, commerce, justice and transportation department, as well as the department of housing and urban development. The markup is excited to go into the evening. You are watching live coverage on cspan. Chair lowey for what purpose does the member from california rise . The member of california . Thank you. I havent amendment at the desk have an amendment at the desk. Chair lowey the clerk will read the amendment. I ask unanimous consent to dispense of the reading. Chair lowey without objection, the reading of the amendment is dispensed with. Thank you. This amendment is straightforward. It would block a president from starting a war with iran absent expressed authorization from congress. This amendment consists of language that the house is already adopted as part of h. R. 550 in january of this year. Let me be
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
Lso, a republican effort to censure Intelligence Committee chair adam schiff. Live coverage of the house now here on cspan. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] recorded v yeas and nays are ordered, or votes objected to under clause 6 of rule 206789 the house will resume proceedings on postponed questions at a later time. That rules and pass the bill, h. R. 4406, as amended. The speaker pro tempore the clerk will report the title of the bill. The clerk h. R. 4406, a bill to amend the Small Business act, to improve the Small Business Development Centers program and for other purposes. The speaker pro tempore pursuant to the rule, the gentlewoman from new york, ms. Very laz kess, and the gentleman from velazquez, and the gentleman from ohio, mr. Chabot, each will control 20 minutes. The chair now recognizes the gentlewoman from new york. Ms. Velazquez thank you, mr. Speaker. I ask unanimo