Listening to him say i dont watch the stock market seems fanciful given that he tends to be firmer on his trade rhetoric when the market is close to alltime highs when he frames things these way i wait for the moment he stands up in an arena like alabama and says all those Treasury Bonds the chinese hold, how did they get it . They stole it. Thats where hes headed if hes around another four years, thats where its headed. Youve raised that point before it seems a natural conclusion and it would be totally in character. Not paying you back. Threatening not to pay back totally, right . Treasury. Remember this conversation because when he says it in front of one of his crowds, theyll cheer. Theyll cheer. Markets wont no, they wont. Brings up the mindset of President Trump where he looks at the stock market at record highs and says we can afford Something Like this today because were doing well thanks. Congratulations on paper back. Michael lewis. Good Tuesday Morning welcome to squawk alle
Bargaining rights, retire savings programs, and Employer Health insurance coverage, Family Planning services and contraception. A a quorum quorum is present. The committee is order to welcome our distinguished guest, secretary alexander acosta. Secretary acosta has been at the helm of the department of labor since april and were grateful he could join us to testify for the First Time Since his confirmation. Mr. Secretary, welcome to the committee. We look forward to your testimony, which we are sorry did not arrive earlier, and discussing the department of labors policies and priorities under the new administration. The department of labor is on the front line of the issues facing workers and job creators and it sets policies that have a widespread impact on the nations economy, employment growth, Retirement Security and more. Whether they relate to healthcare, Worker Protections reeker timer planning, Work Force Development or employee wages and benefits, its the responsibility of thi
Priorities including overtime rules, training and apreniveship programs, collective bargaining rights, retirement programs and accessibility of other employment benefits. The House Education Committee held this hearing last month. The quorum being present, the committee on education and the workforce will come to order. Good morning, everyone. And welcome to todays hearing. The committee is honored to welcome our distinguished guest, secretary alexander acosta. Secretary acosta has been at the helm of the department of labor since april and were grateful he could join us to testify for the First Time Since his confirmation. Mr. Secretary, welcome to the committee. We look forward to your testimony. Which we are sorry did not arrive earlier. And discussing the department of labors policies and priorities under the new administration. The department of labor is on the front line of the issues facing workers and job creators. It sets policies that have a widespread impact on our nations e
Strong partnership between labor and management that has driven performance significantly where they are producing the work they are doing on our submarine attack fleet on schedule, under budget. A takeaway from the hearing some of the best practices being put in place that we need a better mechanism to share those among the shipyards to ensure that we can learn from each other to make sure that that Strong Partnership is there for excellent performance between labor and management and i know that the naval Systems Command in Partnership Forum is an important start in that effort but there can be more done based on the hearing we had yesterday. I wanted to ask about your commitment to make sure we institutionalize best practices among our work forces and relationships between labor and management among all the four shipyards. Admiral richardson they are a Magnificent Team in portsmouth and our public yards are strategic tools. Even in my current job as director of naval reactors, very
Have been with an average age of 25th. Averages average. That means quite a few of the fleet are substantially older. The shocking statistic, more than half of our our forces are not sufficiently ready today for our highend play. Interfere with you. You did your defenses and the like. More than half of our forces are not sufficiently. I think we also realize that demand we do that and alltime high all around the certainly its dangerous complex and constantly changing the that i can ever remember in the 34 years that i have been. Have to join my colleagues and say that a budgetary trajectory that resulted in sequestration is not going to allow us to sustain the space. Let me now do my plays became. I believe sequestration is going to place american lives at greater risk at home and abroad. Sequestration remains the law of the land in the United States air force simultaneously be able to defeat in adversary and one for cant deny a 2nd adversary the objective a seat as well is the from th