The fdic has the history in being able to do that. Clearly were in far better shape than we were. Of all the economies around the world the one thats doing the best is ours. It wasnt a miracle. It was because of hard work that we put in place here that allowed us to arent there unintended consequences such as the issues of market liquidity, for example . I do want to comment on one aspect of hansling. I was amazed to read i wish i had his ability to say ridiculous thing and be unphased by the potential reaction. He complained nothing has been done since the bill passed about fanny may and freddie mack. The man has been in control of the house of representatives. Hes chairman over the committee that has jurisdiction. Its the great republican myth. The republicans controlled the congress from 1995 to 2006 and did nothing about fanny may and freddie mac. We would have if we retained control worked on it in 2011. The republicans have been in control of the congress and the house certainly
The speaker pro tempore on this vote the yeas are 225. The nays are 184. With three answering present. The journal stands approved. The speaker pro tempore for what purpose does the gentleman from nebraska seek recognition . Mr. Speaker, i ask unanimous consent that the committee on Armed Services be discharged from further consideration of h. R. 3891, and ask for its immediate consideration by the house. The speaker pro tempore the clerk will report the title of the bill. The clerk h. R. 3897, a bill to amend title x United States code to provide for the issuance of the gold star installation access card to the surviving spouse, dependent children, and other next of kin of a member of the armed forces who dies while serving on certain activity or reserve duty to ensure that a remarried surviving spouse with dependent children of the deceased member remains eligible for installation of benefits to which the surviving spouse is previously eligible, and for other purposes. The speaker pr
Said he would advocate American Energy in all forms, including the normals. Renewables. With this witnesses say some of the witnesses say some of the victims in the Historic Building ran backart of tehran into grabbed valuables. Will be the ambassador to the u. K. Trump congratulated johnson, and referred to him as an ambassador, and said he was going to st. James, a reference to the london posting. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. I am taylor riggs. This is bloomberg. Scarlet live from bloombergs world had quotas new york, i am scarlet fu. Joe and i am Joe Weisenthal to we are 30 minutes from the close of trading in the u. S. Scarlet u. S. Stocks are lower with the Dow Jones Industrial average drag down. Joe the question is whatd you miss . Scarlet the hearing for Steven Mnuchin has just ended. We will look at the tough questions he had to answer on tax reform. Ibm reports after the market close. Investors are b
Yesterday, the best day since april. Road map begins with wells fargos john stumpf back on the hot seat today as he heads to capitol hill. There were fireworks at last weeks grilling. What can we expect today . Well have the latest news on viacom. National amusements is out with that letter saying, hey, cbs and viacom try to get a deal where both of you get together. Shares of pepsi getting a boost on earnings this morning. In a few moments well talk to the cfo in a cnbc exclusive. But first, wells john stumpf heading back to capitol hill after being grilled by senators last week on the banks unauthorized account scandal. In an hour from now hell appear before the House Financial Services committee. During q a yesterday, Committee Member lynch complained about bank execs getting off the hook. I think theres value in just getting after them. Just getting out. I dont care if you get a conviction or not. Just get after them. And make their life hell. We got to create a disincentive in thi
Leaders, including chief executive of g. E. , warping about the potential warning about the potential economic consequences of the bill. You had letters from the director of the c. I. A. , the chairman of the joint chiefs of staff, the secretary of defense and the commander of chief all warning about the potential impact of the bill. Aum of that communication was made public before Congress Cast the first vote to put this bill into law. Yesterday. So the hard to take at face value the suggestion suggs that somehow they were unaware suggestion that somehow they were unaware of the consequences of their vote. Even if they were, whats true in Elementary School is true in the United States congress. Ignorance is not an excuse. Particularly when it comes to our National Security and the safety and security of our diplomats and our Service Members. Ill also say that its a little hard to take that suggestion seriously when the arguments that are being made in this letter and in the public sta