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Oil is nearly unchanged. We begin with janet general on the hymn, day one of congressional testimony. The market awaits any change in Interest Rate policy. Disney and time warner both report earnings but fail to catch a bid. Yes, earnings were beat. Most stocks sharply lower. Well fill you in. Trumpsanders taking the state t. Race moves on to South Carolina and nevada. But first up, were less than an hour away from generals spy annual testimony on the economy and Monetary Policy. This morning, shell appear before the House Financial Services committee. Tomorrow, of course, the Senate Banking committee. In her prepared remarks, she says financial conditions have recently become less supportive of growt ....
Can trackback. Use of the tool like thunderclap, can you commit that whatever your going to do with social media that you will use tools or leave in place an audit trail, inability to see where it came from and who did it . I certainly know who worked on these issues internally. Right. Was not able to retract that. One of the things i try to explain although i dont agree with gal come i am not disrespecting their decision. The guide in on how you would use this command we followed it and will make sure. There other information is coming in. Anonymously do things. The one thing you can be sure. I got you. Well, 1st and 2nd. There are other offices that are like ovens. Our system doesnt know the difference between winter and summer time. I apologize. We have a number of members have a numbera number of questions we would like to submit for the record. Like you dont have enough to do. Again, thank you for being here this morning. I thought it was incredibly informative. Thank you for bein ....
Chaired by texas republican jed henserling. Committee members expected to ask about the feds Interest Rate policies such as when the next rate hikes are coming and how many there will be. Since the december rate hikes, stock markets have fallen and Energy Prices dropped while china and russias economic problems continue. This is live on cspan3. Should start in a moment. Committee will come to order. The chair can declare a recess at any time. This is to receive the semiannual testimony of the chair of the board of governors of the fed reserve system and the state of the economy. I now recognize myself for three minutes for an opening statement. Last month weal all heard president obama attempt to take an economic victory lap in his state of the union speech but the American People are having none of it. They are tired of ....
Of the conduct of Monetary Policy and i recognize myself for three minutes. We heard president obama taken economic victory lap but the people are having none of it they are tired of hearing from the out of touch ruling class in washington how good things are when theyre reality is vastly different not listed in the fact or president ial appointee a hope itll follow suit with quantitative easing of the zero interestrate policies working families paychecks have declined. One added six is on food stamps and there hasnt been a single year but one published report that there is no parallel for this since world war ii or the beginning of the republic. So with the lgbt growth for struggling working families. And to condemn the fed decision 25 basis points to make it appropriate to revise the fomc but given that article one of the constitution gives congress the power to coin money and regulate the value. That this set the fed to adopt ....
Unsolicited stakeover bid led by anbang insurance group. Well give you the latest. United airlines ceo back to work today but the activists are not cutting him slack. Whats ahead for munoz and the airline at large. Starwood is up sharply in premarket trading. They received a takeover proposal from chinas anbang insurance. Its worth about 75 a share in cash. The board of starwood says it is not changing its recommendation at this point and supports the companys planned merger with marriott, but they have a waiver from marriott that will allow them to negotiate until thursday. People familiar with the situation indicate the hope is they can hammer out a definitive agreement with anbang insurance, which has chris flowers, former investment banker people may have known. And primivera, not an old Italian Restaurant on the west side, but a large private equity firm in china. Some of these names may be unfamiliar, but the 76 a share ....