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[inaudible conversations] [inaudible conversations] come to order. Without objection the chair is authorized to declare a re cess for the committee at anytime. Entitled bureaucratic overreach for Consumer Protection. Examining the cfpbs latest action to restrict composition in the payments. Without objection all members have five legislative days to submit extraneous materials for inclusion in the record. I want to recognize myself for five minutes to give an opening statement. Todays hearing, bureaucratic overreach or Consumer Protection, examining the cfpbs latest action to restrict competition in payments in my view is critical because its going to talk about this large participants in the general use of Digital Consumer payment applications market. This is the sixth lpr that the cfpb has initiated. And pu ....
May all that is done within the peoples house, be for your greater honor and glory, amen. The speaker the chair has examined the journal of the last days proceedings and announces to the house his approval thereof. Pursuant to clause 1 of rule 1, the journal stands approved. The pledge of allegiance will be led by the gentleman from new jersey, mr. Lance. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. The speaker the chair will entertain up to five requests for oneminute speeches on each side of the aisle. I pledge all to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. For what purpose does the gentleman from new jersey seek recognition . Without objec ....
It the longest streak of record closes in 20 years. That of course no small feat. Investors are optimistic about broad Economic Growth both here and abroad. Theyre encouraged by corporate earnings and the prospect of u. S. Tax reform hasnt hurt either. Today the Dow Jones Industrial avere rallied 113 points to 22,775. The nasdaq added 50. That s p 500 was up 14. Bob pisani has more on wall reporter the record rally rolls on. The s p 500 closed higher for an eighth straight day. It makes it not only the indexs longest winning streak, its also the longest string of record closes. The markets ticked higher on news that the house voted to approve the republicans laters push for a budget resolution. That will now go to the senate, setting the stage for tax reform. With tax reform back on the table, banks, material, and Ener ....