Nomination of mr. Alex azar to serve as secretary of health and Human Services, one of the most important jobs in any government anywhere in the world. Id like to welcome mr. Azar to the finance committee this morning. I want to thank you for being here and for your willingness to serve in this important capacity. Mr. Azar certainly has his work cut out for him. Health and Human Services is a massive, Sprawling Department that overseas trillions of dollars in spending and liabilities and encompasses all areas of our Nations Health care system. As a result, if confirmed, mr. Azars work will impact the lives of every single american. Now, thats a big job. It requires knowledge, experience, and, most important, strong leadership. Fortunately, our nominee brings all of this to the table having nearly two decades of experience in the health care sector, including about six years working at the highest levels of hhs. During his time at hhs, mr. Azar played key roles in implementing new polic
Human Services Secretary on cspan. Org. And you can see the vote for mr. Azar at 2 15 eastern. The president pro tempore the senate will come to order. The chaplain, dr. Barry black, will lead the senate in prayer. The chaplain let us pray. Our father, the center of our joy, we thank you that you are in the midst of lifes battles with us, bringing good even from the abnormalities of our pilgrimage. Lord, we are grateful that throh the struggles and tear you stand thin the shadows, keeping watch over your people. Lord, even though our lawmakers may not know how all the pieces fit together, we are grateful that they can still strive with grateful hearts to do your will. May they remember your command in 1 thessalonians 5 18; in everything give thanks for this is gods will for your life. We pray in your great name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to our flag. I pledge allegiance to the flag of the United States of america, and to the rep
Or can we fix it . And if so how in particular . Youre about to hear how from our expert panel. Let me introduce them in the order in which theyll speak, as we proceed through the panel well be working our way through the various titles of dodd frank frank. First will be my colleague peter wallacen. He co directs aeis program on financial studies, was co chair of the pew Financial Task force and served on the Financial Crisis Inquiry Commission where he wrote a very enlightening and highly controversial dissent. Previously peter was White House Council to president reagan. General council of the treasury department. Financial crisis was spawned by the financial crisis spawned dodd frank, do you understand what spawned the financial crisis . Buy peters book hidden in plain sight in case you havent yet. Our second speaker senior director of Global Government Affairs strategy and Public Policy of bloomberg, where he covers policy issues in europe, asia and the u. S. Equity, fixed income,
Florida. Even though it is still bad enough. Still bad see the reinsurers, worst performers last week, up 5 right now. Irma has been downgraded to a Tropical Storm now georgia and alabama are in its sights while the hurricane as bill mentioned buwasnt as bad as it could have been, the Economic Impact is real Jackie Deangelis having a look at impact on agriculture like sugar and oranges. We were talking about that last week. Well see what the impact may turn out to be. Plus 6 Million People wait for power to be restored, were going to talk to duke energys florida president about the efforts there. And the ceo of florida insurer, heritage, will talk about how his company is is assessing the damage as the cleanup begins lets start with the big rally in stocks, up more than 1 on the dow. The s p is in record territory joining our closing bell exchange, mark lehman from j p securities, steve grasso at post 9. Rick santelli at his perch at the cme in chicago steve, were calling it a relief r
Anne reports its prompting road closures. Reporter the fire is burning in a remote canyon in the hills behind me, but Kings Mountain road is closed except for to locals making it in and out on this side of the fire. The fire has been burning for several hours in the in the western mateo hills. It has burned 38 acres, and it ignited overnight when the thunderstorms moved through. This is one of several fires burning right now in san mateo, and santa cruz county. It is believed to be started by lightning. Cal fire and local firefighters obviously have their work cut out for them. Pg e standing by in case they need to cut or restore power to any of the homes in this area. Near mack vick, kpix 5. The Lightning Strikes went through that mountain range. Theres no wonder that fire is smoldering. We want to take you to 5 00 yesterday to show you the extents of those Lightning Strikes that came through there. There were hundreds of them between 5 00 and 10 00 last night. Here are the conditions