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
Leaders of Law Enforcement organizations, including the Police Chiefs from around the nation. Good afternoon. So, this is the order today, if its ok with everybody. I will give an Opening Statement and i have got a short video. With a few minutes to add to it. Senators feinstein, booker harris, if you would like to make Opening Statements. Is that ok . And we have some people that will do introducing to the panels. We will get to that later. So thank you for coming. We are here for a reason. Without the death of mr. Floyd we would not be here. A lot has happened in the last couple of weeks. My goal is trying to define the problem, offer solutions, and talk to each other, not past each other. And i have a short video that is tough to watch. I talked to senator booker about it, the first couple of minutes, but it ends up on a very positive note. We will see if it will go from really hard to watch to something thats a little more acceptable for the country. If you could roll the video. Is
Of a point, call that flat. The gains in the techheavy nasdaq are way more interesting in this final hour because they come about an hour and a half after the department of justice hoisted a sword of damocles over the social media sector. The doj has proposed new legislation that would make Silicon Valley giants from twitter to facebook to google liable for content thats posted online that violates federal law. Our floor show traders are here to tell us if doj danger is now the cue for you to take your tech profits and run. The Housing Market in full bloom as States Reopen and wouldbe homeowners resume their quest to fulfill part of the american dream. The ceo of mortgage Lending Software giant reveals what hes seeing in the Mortgage Market as rates remain at historic lows. Time to refi . Well ask. General motors flips the script from making cars to transmissions to medical supplies needed to fight the coronavirus pandemic. How about that. Well, the chief engineer running gms productio
You can describe it, connell. John bolton, the former National Security advisor for President Trump, his book is set to be due out on tuesday and an excerpt has been published, wall street journal, other outlets i believe as it relates to President Trumps meetings with president xi facetoface when it came to hammering out the trade deal between the two countries and it raises some serious questions about those oneonone interactions. In a passage just posted to the wall street journal, bolton writes, in his book, the following, he says, quote, trump then stunningly turned conversation to the coming u. S. President ial election alluding to chinas economic capability and pleading with xi to insure hed win, he, the president , stressed importance of farmers and increased purchases of chinese soybeans and wheat in the electoral outcome. I would print trumps exact words, bolton writes but the government prepublication review process decided otherwise. On the last sentence, department of just
U. S. Trade representative Robert Lighthizer is making his second appearance on capitol hill today. This morning, he was before a House Committee and was answering questions from the Senate Finance committee on President Trumps trade policy. Ourselves in future crisis, but we have to find a Smart Solution that accepts the realities that trade is fundamental to our survival and prosperity. In the long term, trade is a key part of the solution because it promotes freedom. It provides customers for our best in the class Agricultural Products. It promotes entrepreneurship and independence. And particularly trade empowers Small Businesses that are the backbone of our communities. In fact, 97 of the u. S. Exporters are Small Businesses. A good start to empowering people and fixing our economy is making sure as many people as possible have the option of being their own boss. We owe it to them and their communities to press for even more opportunities. This is especially true because our tradi