Reauthorized many of the administrations responsible for ensuring the safety of surface Transportation System including fm csa, and its a and h tsa, our witnesses can discuss the implementation. And identify issues the committee should consider as we prepare for transportation reauthorization. That place a greater focus on the nations Freight Network including establishing infragrant program. Others like tiger grants are critical to our nations transportation infrastructure. I hope the witnesses will provide the country with an update on efforts to improve our infrastructure and how grants are being utilized. The Hummus Committee considers reauthorizing fast act i plan to work closely with Ranking Member cantwell and others on both sides of the aisle too, to authorize the build discretionary grants, reauthorize amtrak, continue to enhance freight and Passenger Rail network, innovative Transportation Technologies across modes, coordinated research, develop and and deployments, advance H
That representation Transportation Safety issues along with my Ranking Member senator cantwell let me welcome our Signature Panel of witnesses and thank them for this hearing. Well hear from the department of transportation including neil szabat ron brinks and straygur of the federal Motor Carrier Safety Administration and deputy minister of traffic and safety. Welcome to each of you. Fixing americas surface transportation act of 2019 better known as the fastback rasterized the administrations responsible for ensuring the safety of our surface transportation paid sns and fra. Identifying issues this committee should consider as we prepare for reauthorization. The fastback places a greater focus on our nations Multimodal Network that includes establishing the emperor Grant Program. This program and others such as formerly tiger grants are critical to improve our nations transportation infrastructure. I hope the winces will provide the committee with an update on efforts to improve our i
Test. Test. Tom udall. Todd young. Captioning performed by vitac thats a really good question. Im glad you asked it. When something does become mandatory, it must have a very consistent repeatable Test Procedure and what we find is when a technology is new, for instance, a certain kind of alert or blind spot detection, we learn a lot from the fact there are a little bit of a difference in different folks that are adopting it or different manufacturers who are designing different systems. Thats a time of learning and then if it seems appropriate to adopt it as a mandatory standard, we can then identify which of them is best. So that is one of the reasons why when a technology is first introduced we allow some Consumer Experience and some innovation before a mandate you couldnt just make it mandatory and give them the flexibility to do it however makes sense while youre testing this. Under the laws that we execute we actually have to be to have a consistent Test Procedure. So we cant say
Drone, intentions pick up in the gulf. Kathleen we have to take a look now at how u. S. Stocks ended. Look at the numbers on the stock s p 500, a record. Hit an alltime high in april and now was at another alltime high. Close. At the it was up a full percent at the end of the day. Almost a point as well. The dow across the board looking pretty good. We can see the futures pointing a little lower. Hard to say why. A big rally started yesterday at the fed decision at the Powell Press Conference where he made it clear the fed is tilting definitely toward cutting rates, so maybe a little bit of give back while markets wait for asia to open. Lets go on to the bond market because again, a rally kicked off yesterday in the bond market. It continued around the clock. At this point, the 10year note is around 2. 02 . Got down to 1. 96 percent. Is not surprising they take a little bit of a pause to see what the future data is. A vice chair of the Federal Reserve on blue on blooper television on B
Including joel sabat, ron batory from the federal railroad administration. Ray martinez, administrator of the Safety Administration and heidi king from the national Highway Safety traffic system. The fix of the american act, better known as the fast act is responsible for ensuring the safety of our surface Transportation System including fmcsa, nhtsa and fra. Todays hearing provides our witnesses with the opportunity to discuss the implementation of the fast act. And to identify issues that this committee should consider as we prepare for a surface transportation reauthorization. The fast act established the infraGrant Program. This and others such as build grants formerly tiger grants are critical to improving our nations transportation infrastructure. I hope the witnesses will provide the committee with an update on improving the infrastructure and how intra, and bill grants are being utilized. As they reauthorize the fast act, i plan to work with cantwell and other members on both s