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Employee. And shares of under armour under a lot of pressure, a federal probe of the Accounting Practices. And wall streets record rally on the heels of both the s p and nasdaq the dow is on track for new highs at the open. Well start with that stunning news from mcdonalds, the company has fired Ceo Steve Easterbrook after he spent more than 4 1 2 years on the job. Mcdonalds says he violated Company Policy by having a consensual relationship with an employee the new ceo is Chris Kempczinski, president of mcdonalds usa in an email to employees, easterbrook admitted the relationship violated policy, saying this is a mistake, given the values of the company, i agree with the board it is time for me to move on. Already today, jim, one downgrade, piper to ....
Committee will come to order. This mornings hearing will be the first on the president s fiscal year 2019 Budget Proposal. The Committee Welcomes secretary mnuchin who is hear to testify on the budget along with other members that may arise from questions. I think i speak for all members of the committee to say were interested in secretary mnu yn chins thoughts and insight on a number of items proposed in the budget. The budget envisions that governments receipts will average 17. 1 of gdp over the tenyear budget window, slightly below the long run average of 17. 4 over roughly the last four decades. It also has outlays averaging 20 of gdp over 10 years, which is also slightly below the long run average. The budget also includes some tax proposals, but they are not as sweeping as those weve seen in prior budgets, as you would expect following enactment of the new tax law ....