Good morning everyone. The committee will come to order. I apologize for the delayed start, but hopefully we will have an opportunity to hear from the secretary and learn of the president s views for the department of energy. Secretary perry, i want to welcome you to your first hearing following your bipartisan confirmation here in the senate. While it took us a little bit longer than wed hoped to get you in this role, were glad to have you at the helm. We look forward to helping you get a full compliment of folks there at the department as well. The budget request for the department of energy takes a different approach this year than weve seen in the recent past. The president has made a concerted effort to increase funding for the National Nuclear Security Administration to focus on our Nuclear Weapons program. This is a portion of the department that falls outside the scope of our committee here. The administration has also requested robust funding for the cleanup of Nuclear Waste l
February 13th, 2017. If you are just waking upuarp heres a live look outside. Ut whipping winds knocked outg power acrosswi the d. Cnd. Regio. Wicked winds sparking widespread outages mostly inostn virginia. Inia. Dominion has the bulk of them nearly 12,000 customersustomers without power. Er. Outages enough to delay school l in Fairfax County wherenty where schools open two hours late late today. Pepco reporting about 1,000b1 people in the dark thisrk ts morning. Rning. Bg e customers also withoutithot power with the companyr wi reporting more than 2200 outages. Lets get to tucker rightker now get a check on the wickedhe winds. Wi tuck, good morning. Tuck, go steve, getting a bitod of m a break from the wicked winds. Ck theyll be back later today. Toda high wind warning in effect until 6 oclock tonight. Ght. Look at your current winds. Ind winds gusting last evening cannn you believe 66 Miles Per Hour at Reagan National, over 70s down at joint base andrews. Ndres very gusty winds here
February 13th, 2017. If you are just waking upuarp heres a live look outside. Ut whipping winds knocked outg power acrosswi the d. Cnd. Regio. Wicked winds sparking widespread outages mostly inostn virginia. Inia. Dominion has the bulk of them nearly 12,000 customersustomers without power. Er. Outages enough to delay school l in Fairfax County wherenty where schools open two hours late late today. Pepco reporting about 1,000b1 people in the dark thisrk ts morning. Rning. Bg e customers also withoutithot power with the companyr wi reporting more than 2200 outages. Lets get to tucker rightker now get a check on the wickedhe winds. Wi tuck, good morning. Tuck, go steve, getting a bitod of m a break from the wicked winds. Ck theyll be back later today. Toda high wind warning in effect until 6 oclock tonight. Ght. Look at your current winds. Ind winds gusting last evening cannn you believe 66 Miles Per Hour at Reagan National, over 70s down at joint base andrews. Ndres very gusty winds here
Been so altered that were still dealing with it every day in the Financial Markets and just dont know it. Thats how i feel today after the shocking decline in Interest Rates that seems out of sy, this c with the averages. A decline in Interest Rates that i think actually caused the averages, bonds into stocks to hit the skins. Dow falling 101 points, nasdaq declining. 72 . When Interest Rates have gone down in the past, stocks have almost always gone up. Kind of lock step. But the linkage has been broken for certain of late. Now people just fret that if rates are going down, well, we have to be teetering into recession. How else can you explain it . Thats the wrong conclusion people. Theres a lot more at play including a newly frugal american chopper. Part of my some what reserved outlook comes from stress tests, reflections on financial crises. The new book by tim who i will be interviewing in new york city right after the show as much as i lived through the crisis like many of you ca