The german dax down nearly 3 today. Futures down sharply following yesterdays fed decision to stay pat on Interest Rates. Most fed policymakers are not ruling out a rate hike by the end of the year, four of them are forecasting an increase in 2016 or later. At yesterdays News Conference chair yellen outlined her case for holding off on a rate hike. Light of the heightened uncertainties abroad, and the slightly softer expected path for inflation, the committee judged it appropriate to wait for more evidence including some further improvement in the labor market to bolster its confidence that inflation will rise to 2 in the medium term. Jim, some video of you as the decision was coming across the screens. You were excited. Because you did not want them to hike. Now everyone is worried about what theyre calling the third mandate, somehow the rest of the world is driving our Monetary Policy. What i like about it, carl, its over with. We can focus on companies doing well and buy their stock
Guest Net Neutrality has become your Internet Service provider and all other options, and they are the ones that basically have the chokehold, and the pole position when it comes to utilization of that spectrum and application of the broadband. Host so your bill has been in the congress now for three years, but it hasnt gone anywhere. Now that the fcc has acted, would you foresee action in this fall . Guest i think the more aggressive the fcc becomes on the issue, the more people are saying, hey, we need to do something to rein them in on this. Recently, also, we had a letter that 14 of us signed and sent over to the fcc expressing our concerns about what they were doing via privacy and reclassification. Were also working on an amicus brief that we will file. Host congressman, joining our conversation today is John Mckinnon of the wall street journal. Hey, congressman. You mentioned decisions at the end of the year that congress has to make. One of those is, obviously, on spending. Is
Take a good look at the video, this tuesday night, they are captured by a home Surveillance System at 3 00 in the morning casually stealing from an unlocked truck in the owners driveway. They are not looking over their shoulder, they are comfortable with what they are doing. They are comfortable, one suspect does put a sweatshirt over the top of his head to conceal his idea. Reporter police say the men walked off with a 1,000 concrete saw, one of nearly 80 burglaries since august 1st. There are groups of suspects. They are not a ring that were aware of. Reporter in all, 51 cars, 19 sheds, and six homes have been burglarized. In one of the cases a residents handgun stolen from the night stand. Its scary, you dont think its going to happen around here. Reporter nick has been pulling his car into the driveway. His friends have already had valuables stolen. Their cars have been broken into, spare change stolen and gps technology. Reporter police made two arrests recently, they are working
The rain out of here just in time for the popes visit. Your monday planner, plan on getting rained on. Nothing all that heavy, but nonetheless, hitandmiss sprinkles here. Across fauquier and Prince William and fairfax counties this morning. Temperatures are in the upper 50s and low 60s. Your forecast for poolsville, maryland, cloudy. Touches in montgomery staying in the 60s. Impact on your commute coming up in ten minutes. Chuck, thank you. Were following a story. One man is dead and one man is hur. Crime scene teams worked late into the night processing that scene yochl ku see several evidence marker heres. No word on a suspect but police say it with us not a random act. In the District Police are investigating their 115th homicide this year. It happened on north capitol in the noma area. Police are offering a 25,000 award for information that leads to an arrest. Loudoun county is getting a new supervisor today. There is a special meeting to place someone on the board. Shawne williams
The pope will be in the u. S. From tuesday to sunday including a wednesday welcoming ceremony at the white house with president obama. Security upgrades and road closures will disrupt daily routines in washington, new york and philadelphia. We probably wouldnt be able to drive and well be trying to take the metro. Former secret Service Agent said the popes openness causes challenges for protection. He doesnt want that security presence and he wants to mix and mingle with the people which is completely understandable and i think honorable, but it creates a security nightmare for secret Service Agents. One of the biggest Security Issues will come from the city of brotherly love. Final touches are made in the Benjamin Franklin parkway where the pope will hold a mass for a crowd expected to reach a Million People. Jay johnson visited the command center in philadelphia today. We know of no specific credible threat directed at the popes visit here to this city. The director of the secret ser