The chair recognizes the gentleman from new jersey. Mr. Frelinghuysen i rise and offer this amendment and yield myself such time as i may consume. The speaker pro tempore the gentleman is recognized. Mr. Frelinghuysen i present house amendment to the Senate Amendment to h. R. 1370. This legislation keeps the government fully open, funds Important National Security Priorities and temporarily extends critical Government Programs like the Childrens Health Insurance Program, the National Flood Insurance Program and section 702 of the foreign Intelligence Surveillance act. This is our duty to the American People to keep them secure and to ensure they have access to Government Programs and services they depend on. The house must pass this bill now, today, without action on this bill existing government funding will expire tomorrow and the government will shut down. This legislation provides a simple clean extension of current funding levels through january of 2018. This additional time will
This morning we will consider the nomination of the honorable jerome or j powell to be chairman of the board of governors of the Federal Reserve system. Governor powell, welcome and cleationings on your nomination. I see friends and family behind you and i welcome them here today as well. And public and private success tore career and Financial Services, he served as an assistance secretary and undersecretary of the treasury under president jorntle h. W. Bush and Financial Institutions and a treasury debt market and understand experience in Investment Banking and was a partner at the Carlisle Group before board of governors in 202 during years of service in government and in the private sector governor powell has proven hes qualified to lead the fed. If confirmed he will play an Important Role in striking the the proper balance between the need for a safe and sound Financial System and the need to promote a vibrant growing economy. Over past year ive seen regulators carefully and evalu
September. At least policy. Bitcoin inventor is backtracking. He had proof, but feels he is not Strong Enough to reveal it. He blogged, i can only say i am sorry, and goodbye. Let me know what you think. Dont forget to thank the trending business. Entering the weekend, we are looking at an eight straight day of losses for asian stocks. Japan coming online, a lot of pentup pressure and it comes to selling. Downsides across the region. John by 7 10 of 1 . Focusing. Of decline, the longest losing streak in over 30 months, i believe taiwan down to tons of 1 . Rillock off, down overall, it is a down day. , down also seeing losses by. 3 . We are hanging on to most of those gains that we have seen in the last few days. Solid dollar gains. These are the movers. Is coming out over the last few days of the number of airbag recalls in the u. S. Market. More than doubling, an additional 40 million recalls from the National Traffic safety administration. Hit aata takata did new low. The stock is do
They recall could ultimately include 120 million vehicles. Victory in the philippines. The zerotolerance message on crime, leaving no one in any doubt about his stance. Without further a do, were tried to make sense of it all. Its quite something. Japan from theut regional index, excluding japans index, that is down for the 10th session in a row, the largest losing streak since 2000. We are seeing some good games coming through in japan. That has to do with the weaker yen. The yen story more to do with the dollar strengthened because we have now the likelihood of two fed rate hikes coming through in terms of what traders are speculating. Yesterday, there was speculation that the june hike will be pushed to september. Most economists forecasting we will still see two rate hike this year, putting pressure on the dollar. Seeing thoseare mining stocks hammered industrial you as you would expect with Commodity Prices generally down across the board. New zealand looking flat. Taiwan is done
Wall. Before you hire anyone from abroad you should have to advertise that job for 180 days. You would have to pay these people more than someone else so you wouldnt undercut by bringing in cheaper labor. When it comes to americas system, undocumented workers crossing into the u. S. From mexico also also the system of temporary work visas that Silicon Valley and others say they rely on to hire skilled workers. Big business says think need Foreign Workers, h 1b were going to have more on that in a moment but first almost everyone agrees there is a shortage of workers in stem field, Science Technology engineering and mathematics. Already growing Information Technology fields Like Software development Information Technology and cyber security. Both the white house and Silicon Valley feel the result should be keeping more foreign students with advanced degrees in the United States but the detractors out there think that all of this talk to reform to temporary Work Programs is a vast conspi