Hearing lasts an hour and 45 minutes. Were a couple minutes but will get started. The subcommittee on safety aviation will come to order. I want to welcome everyone to our hearing today addressing close calls to improve aviation safety. This may be the most important hearing we have all year and i want to thank chair cat well, Ranking Member cruz and moran in their help to making this hearing happen. The near misses weve been seeing recently are not normal and are a warning our Aviation System is under stress. And today we will have an opportunity to hear from several Key Stakeholders about why were experiencing so many near misses and what we need to do to increase our safety margins. Well hear from National Transportation safety chairwoman jennifer hamady, chief operational officer tim worrell and rich santa, Airline Pilots association, captain jason ambrossy and former administrator randy back out. While disagreements tend to garner more coverage than compromise, its worth noting i
The hearing will come to order. It isored to impossible to ignore the public outcry with incidents that have involved passengers, as recently as yesterday. One of the most widely reported was that chicago would united flight 3411. And lots of lessons to be learned and im sure well hear what those lessons learned, both with the airport and the airline and the industry, are today. In looking at what happened, i, along with and senator nelson, really sent an immediate letter, and that said the last thing paying Airline Customer should expect is to be physically taken off an airline. The purpose of the hearing is to follow up on the letters we sent , the responses we got, and to find out what went wrong and how to make sure this doesnt happen in the future. This is a year when faa reauthorization needs to occur between now and september 30. And part of this hearing is to determine whats going to be taken care of without the congress and what needs to be taken care of in the federal law its
Low volume was a hallmark of trading. We are seeing that again. Julie you get low volume in the summer months. It is about 14 low the average. You can see there is not a lot of movement in terms of one direction or another. The dow is pretty deeply in the red. The s p is not falling nearly as much. We have this recalibration of what the fed may do. They may raise in june or july. The personal spending data is coming out ahead of estimates. Leadingstops have been gains. Consumer staples are lagging today. That is a counterbalance that we are seeing. Lets check in on the first word news. Taylor riggs has more. Taylor president obama is being pressed to speed up efforts to help syrian refugees. The administration had promised to resettle 10,000 refugees. Eight months after the program started, only 2500 have an admitted. Jerry brown is endorsing Hillary Clinton for president. Brown says he believes clinton has the best shot at stopping donald trump. Says while he is impressed with how wel
This rally ever since the start of the day. We started in negative territory, but with green on the board you can see we are now at session highs, just coming off session highs right now. The s p 500 up 0. 75 . The dow pushing 1 . The nasdaq up a little more than 0. 1 . This is all happening off of what happened, or really didnt happen, with the fed yesterday holding rates steady. Positive economic data, jobs numbers coming out today also helping. Lets look at what is happening at the dow year to date. Have a positive push by 0. 4 yeartodate here. A similar story, we also saw for the s p. However, i think we were just coming off of those gains into positive territory. You can see we are down by just under 0. 1 here. Backandforth, but generally speaking a positive overall today. Betty positive. Ramy, the weaker dollar created a positive move in commodities. Ramy lets take a look at what the weaker dollar is doing right here. It is down 1 . Betty, with a weaker dollar, for improves the p
Democratic. We take an in depth look at the issue of homelessness on the streets of San Francisco. And chasing history. The Golden State Warriors now one game away from leaving their mark in the record books as the warriors fans scramble to witness it in person. Anybody recognize this one . Blue monday, new order. Sal, you know your music. Blue monday. New order. A blue and gold monday for so many. We are so excited. Talking about the warriors on the vernal of making history. We are going to talk about ticket prices. What would you spend question coming up. We welcome you to the 9 and start with one of your favorite stories. The warriors. One win away from making the most victories in nba season. They kept the spurs from making history at the same time. Barnes the turnover. Curry gets it back. Golden state got off to a slow start, but managed to tie it up by halftime. Spectacular steph curry had 37 points and got the victory. It was the warriors first victory in san antonio since 1997.