Programs Like Community Development Block grants and home, cut funding for Public Housing repairs by 70 . We all know the condition of Public Housing. And to cut their funding for repairs by 70 to eliminate funding for 250,000 housing vouchers next year. It reduces the funding for lead housing control to protect children from lead poisoning and other health problems. Senator portman knows in cities in my state, in housing built before senator portman and i were born, the house, the lead conte content, the lead exposure in those homes are overwhelming, in some cases according to the Health Department 99 of those homes have toxic levels of lead. Five months ago in this room dr. Carson scoffed at the notion that he would support a 10 cut in the hud budget. He said he understood from his experience as a pediatric neurosurgeon how it was far less costly to avoid lead poisoning than to treat it. I was one of five or six democrats who voted for his confirmation on the floor of the senate. I d
This hearing will come to heard. Next a confirmation hearing for president trumps choice to be the next housing and urban Development Deputy secretary and the chair of the council of economic advisers. This Senate Banking Committee Hearing is an hour and 25 minutes. We will begin todays hearing with an Opening Statement by me and then by senator brown and then ill turn to senator po portman who will introduce mr. Hassett and senator shaheen when she arrives who will introduce ms. Patenaude. I see friends and families behind you as well. I also see my good friend bob dole, at least i did a moment ago. We welcome him here. Each of these nominees stands to impact the living of americans across the country and will play an important role. Mr. Hassett has had a disti distinguished career. Hes a widely consulted expert. His nomination has received bipartisan support from notable economists including past cea chairman. Mr. Hassetts particular understanding of tax policy and the way it affects
Strongest print in nearly three years. Busiest days of earnings the ceos of dow chemicals and ceos are with us higher in the big market. We have more clarity on media nma as it reports to via come. Futures in the green following a day where they all posted record closing highs. So again, it is the busiest day for earnings this season, two tech joints were keeping an eye on, twitter. Users were flat quarter on quarter. Facebook beat the streak last night. Boosted by greater advertising revenue for the mobile app twitters down 10 this morning in the premarket, jim. Im not one to take the other side of the trade. Stock was running for heaven knows what reason. Because i think the daily average users were pretty good, and i think it might be an inflection point, the revenues been going lets say, well call it the second derivative, theyve been going down less and the pramting is looking up i see advertisers coming towards it the new programming is doing well they have burn off on the others
Spoke to the same crowd, vowing allegiance to gop priorities as lawmakers preparing to go to battle over a timeline for tax cuts. Coming up, steve moore, Economic Advisor to donald trump, Austan Goolsbee, former advisor to president obama sound off. David all right. We have the ateam. Meanwhile back to the markets. The trump rally is marching on. New record close for the dow. Phil nine, price futures fox business contributor and watching action in oil and gold and lori rothman on the floor from the new york stock exchange. Forget about the nasdaq and s p, another record on the dow. Why . We sure did. All right, david. It was kind of touchandgo here. For the second day, david thedown closes above the milestone 20,000 mark but off the best levels of the session. Just up 31 points. That is good for a second consecutive record close. It was a broad based rally for the dow but we saw a lot of weakness. There is a lot of concern given the political atmosphere out there and were in the height
In south korea, mattis wants to reassure both countries that america will press ahead with an antimissile defense system. After visiting seoul, mattis will arrive in tokyo on friday. Mattis will arrive in tokyo on friday and will meet shinzo abe as well as the defense minister. Mattis will be the first member of trumps cabinet to visit. The japanese and american sides are expected to reaffirm a number of things, including that the Senkaku Islands in the East China Sea fall within the scope of their security treaty. Japan controls the islands and the japanese government maintains the islands and are an inherent part of japans territory. China and taiwan claim them. Irans defense minister has admitted his country test fired a Ballistic Missile and he warns it wont allow foreigners to interfere in its security. Its a veiled message to the american president Whose Administration responded strongly. Translator we execute our plan to produce defensive equipment to defend our National Goals a