Welcome. I call this hearing of the subcommittee on homeland curator to order, this is the subcommittees first hearing of the budget cycle, and we are pleased to join chad wulf. Mr. Wolf was named after acting secretary and its thousand 19. Prior to taking on the task, he developed and coordinated strategies and policies that advanced the Homeland Security mission and protect the American Public through his later ship role in the office of shadow gee, policy and plans. He is a recipient of the Homeland Security distinguished Service Medal for his initiatives to counter domestic and international terrorism, a safeguard american interests throughout the duration of his career so, thank you for that. Im glad to be joined by our seven queen is Ranking Member, senator tester. We are continuing to the fiscal year 2021 budget request and look forward to further insight today from you, mr. Secretary. Very pleased to be joined by the Ranking Member of the full committee, senator leahy, as well.
Meaning less demand for oil. Meanwhile similar story in bond market, yield on 10year treasury below 4 tenths of a percent overnight. Now we are staying right under and it is down 28 basis points. Again, another indication of a recession at hand. The 30year following 1 for the first time in history. The 30year bond, the yield there at. 883 . Thats down 40 basis points this morning. Global markets reacting to all of this this morning in the stock market. Deep selloff in europe. The cac quarante down 335 points. That is 6 and a half percent and dax index in germany lower by 672. Overnight in asia across the board. Chinese experts tumbled in the month of january, more signs of trouble in japan as well. First quarter gdp lower in japan showing the economy contracted 7. 1 from the previous quarter. Thats a sharp contraction in japan. This on top of the Coronavirus Crisis, cases in the United States and abroad are growing. The white house looking into emergency measures. Overseas italy report
Taking on a very challenging task he developed and coordinated strategies and policies to protect the American Public as a recipient of the us secretary distinguished Service Medal and to be joined by the Ranking Member senator tester we are beginning to consider the fiscal 2021 budget request and looking at further insight from you mr. Secretary in the fiscal year 2020 i hope to build on the progress made in the 2020 bill enacted december h 2019. With a 54. Six and discretionary funding and protect the homeland for years to come with billions of dollars for Border Security for a border wall system and humanitarian care requirements all add existing Border Patrol facilities. Providing 22 billion from fema to support Disaster Relief and Grant Programs to provide additional funding from terrorism prevention to combat the emerging threat. Funding the deployment of Aviation Security equipment which i actually saw myself at tsa headquarters designed to enhance global Threat Detection capabi
Calling the committee to order of the budget cycle we are pleased to be joined by acting secretary chad wolf. Named after acting secretary november 132019 before taking on the challenging task he developed coordinated strategies and policies for the Homeland Security mission protected the public through his leadership role through strategy and policy as a recipient of the secretary distinguished Service Medal for International Terrorism and throughout the duration of his career. Thank you for that. We are continuing to consider the budget request 2021 and look for further insight from you. Some of the fiscal year 2021 enacted december 20th 2019. And then 50. 46 billion of tidiscretionary funding with those investments to protect the homeland for years to come millions of dollars for Border Security including funding for border wall system humanitarian care requirements and those all add existing Border Patrol facilities. Grant programs to provide additional funding from terrorism preve
The speaker pro tempore for what purpose does the gentleman from california seek recognition . Mr. Correa mr. Speaker, i move that the house suspend the rules and pass h. R. 3691. The speaker pro tempore the clerk will report the title of the bill. The clerk Union Calendar number 158, h. R. 3691, a bill to require the t. S. A. To develop a plan to ensure that t. S. A. Material disseminated in major airports can be better understood by more people accessing such airports, and for other purposes. The speaker pro tempore pursuant to the rule, the gentleman from california, mr. Correa, and the gentleman from tennessee, mr. Green, each will control 20 minutes. The chair recognizes the gentleman from california, mr. Correa. Mr. Correa thank you, mr. Speaker. I ask unanimous consent that all members may have five legislative days to revise and and to heir remarks include extraneous material on this measure. The speaker pro tempore without objection. Mr. Correa thank you, mr. Speaker. I yield