The committee will come to order. Good morning and thank you all for joining us. And today our committees focus on the top priority for the American People. Progrowth tax reform that will create jobs, increase paychecks and strengthen our nations economy. America now has one of the most costly unfair and uncompetitive tax systems in the world. The need for progrowth tax reform is urgent. Todays high tax rates on americas businesses drive good paying jobs overseas. Makes it more difficult for our job creators and workers to succeed here at home. Americas burdensome International Tax discourages investment in our local communities. Scores of loopholes give favored treatment to Washington Special interests while millions of hardworking americans havent seen a real pay raise in years. Heres the good news. President trump is leading the charge for bold tax reform that will unleash the growth of jobs and paychecks nationwide. And hes calling on the house anthe senate to put forward or best i
The committee will come to order. Good morning and thank you all for joining us. And today our committees focus on the top priority for the American People. Progrowth tax reform that will create jobs, increase paychecks and strengthen our nations economy. America now has one of the most costly unfair and uncompetitive tax systems in the world. The need for progrowth tax reform is urgent. Todays high tax rates on americas businesses drive good paying jobs overseas. Makes it more difficult for our job creators and workers to succeed here at home. Americas burdensome International Tax discourages investment in our local communities. Scores of loopholes give favored treatment to Washington Special interests while millions of hardworking americans havent seen a real pay raise in years. Heres the good news. President trump is leading the charge for bold tax reform that will unleash the growth of jobs and paychecks nationwide. And hes calling on the house anthe senate to put forward or best i
The committee will come to order. I now recognize mr. Loviondo for a motion. Pursuant to rule 1 a 1 on transportation infrastructure, i move that the chairman be authorize today declare recess during todays hearing. Question on the motion, all those in favor signify with saying aye. The ayes have it and the motion is agreed to. I want to thank everybody for being here today. This is an important hearing were having here today talking about what i consider extremely important legislation and i believe everybody on the committee, both sides of the aisle, believe that the reauthorization of the faa, reforming it to make it a better system for all americans is extremely important to all of us. The way america travels, moves goods and conducts Business Today depends on an efficient syst system. This is especially true of our Aviation System. The fact is the fccs infrastructure is increasingly obsolete and its technology is still cemented in the last century. To just quote my colleague, my e
The committee will come to order. I now recognize mr. Lobiondo for a motion. Pursuant to rule 1a1, i move that the chairman be authorized to declare a hearing on todays hearing. All those in favor signify by saying aye. The ayes have it and the motion is agreed to. I want to thank everybody for being here today. This is an important hearing were having here today. And were talking about what i consider extremely important legislation. And i believe everybody on the committee, both sides of the aisle, believes reauthorization of the faa, reforming it, is extremely important to all of us. The way america travels, moves goods, and conducts Business Today depends on an efficient transportation network. And in order to remain competitive, we need a 21st century infrastructure with modern 21st industry technology. This is especially true of our Aviation System. But the fact is the faas infrastructure is increasingly obsolete and its technology is still cemented in the last century. To quote
The Global Economy steadied. And volatility was subdued except for a slide midmonth driven by political turmoil. Investors plowed money into the nasdaq which saw gains more than double that of the s p 500. Today the dow dropped 20 points. Nasdaq was off four and s p 500 fell one. The decline in Energy Shares trapped the price of crude, which touched a threeweek low to settle below 50 a barrel. Tonight its time for a new segment were going to debut. Its called investors edge. Well help you see what the pros see by highlighting the information they use so you can make Investment Decisions like the pros. Were joined by john najerian, welcome, john. Great to be with you. Great to have you with us. This basically is a way for the long Term Investor to see what the big guys on the street are doing and where theyre moving their money. True. What we do, sue, we follow institutional trading and hedge funds. And by that i mean trades of usually 10 million or more, which is usually bigger than mo