Benefit pension, and now they are seeing the possibility that that could result in up to a 90 cut in their benefits. Over the past several years weve been working on this, ive been involved with it. Ive been working on the finance committee which is the committee here in the senate that has responsibility for this issue. In 2018, going back two years ago now, iowas participating in hearings as a member of the joint committee on solvency of multiemployer Pension Plans. It was a oneyear committee. House and senate, republican and democrat. Woe were we were supposed to get to a solution for this problem before it gets worse. We spent countless hours trying to do that. I spent countless hours in meetings, with beneficiaries, retirees, spouses. Ohio is one of the states thats hardest hit. I have heard their stories about how years of mismanaged Pension Plans have put them on the hook for unthinkable cuts into pensions that they just assumed were going to be there. Let me spell out how preca
From 24 and then go back. [laughter] thank you very much. Oh, folks, breaking news, the biggest showdown in years at entertainment giant disney that has come to an end. Ceo bob iger has ducked the mousetrap nelson peltz had set. But Hedge Fund Manager bill ackman firing up accusations that disney or its advisers or somebody close to the company leaked the tick by tick vote count possibly tilting sentiment in its favor. As the stock slips now 2. 6 , were getting close to session lows here, we are all over the story expect drawn. Coming up, wall street report robbie whalen live in l. A. , well ask him what he sees as the most significant moments of this fight and whether peltz throws in the towel or continues the war, and ken leone will join us on whether he says iger and disney still need to work harder e. To the markets. This is kind of interesting, okay . After two days of losses and Federal Reserve chair jay powell this morning playing the stern principal at the Market School of Inte
Only recognize the history of the tribal lands on which we reside and acknowledge and honor the fact the oholone people established a working partnership with the sfpu c and are productive and flourishing members with the greater bay area communities today. Madam secretary, can you call the first item, please . Item number 3, approval of the minutes of march 12, 2024. Commissioners, are there corrections or additions to the minutes of march 12 . Seeing none, donna, can we open this item to Public Comment . We have remote callers who want to speak to item 3, please raise your hand if you wish to speak . Do we have members of the public present to provide comment on item number 3 . Seeing none, do we have callers with hands raised . Madam secretary, there are mow callers in the queue. Thank you. Public comment is closed. Thank you, Public Comment is closed on item 1. Can i have a motion to approve the minutes of march 12 . Motion to approve. There is a motion and second. Roll call, pleas
Trading days of what is shaping to be a weak month in quarter. High pressure this morning after it offered weaker than expected. Sanjay mehrotra will join us later this hour. And a Company Named ryan cohen as ceo. Lets begin with the markets. We mentioned what the yields were doing today. Jim, 50 basis points. I said that we would have the d inversion and that you couldnt really be excited about the stock market until the 20year, which is at 4. 1. It is now at 4. 98. Crosses over the feds fund rate. That would be where you can finally say this market is getting interesting. It is oversold. But we cant seem to find any supply of oil near 100. 100 is supposed to bring out some supply and in the oil companies. But i dont want to give up here because this run has been so bad and it needs to consolidate. Heres what i will come up with. We will have a test, i believe. I actually know the time, 1 43, 1 42. Thats when we bottomed yesterday. Actual time of day. That was yesterday, youre saying.
It helps describe his message, it helps drive the news of the day which he can do every day and does every day. Hes constantly driving the message and therefore having us around really allows him to do that. Q a, sunday night at 8 00 eastern on cspan. Homeland Security Officials talked about what theyre doing to combat threats to the u. S. , focussing on interagency communication and efforts to improve efficiencies. They spoke before the Senate Homeland security and Governmental Affairs committee. Good morning. This roundtable of the Homeland Security Governmental Affairs will come to order. I want to welcome our participants, well call them, i guess theyre witnesses. We have the honorable elaine duke, the honorable claire grady, the honorable george scott and the honorable john kelly from dhs, the gao as well as the office of the Inspector General. This roundtable discussed the attempt to reauthorize dhs. The house passed their bill. They have a memorandum of understanding to consolid