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senate appropriations subcommittee. this is 40 minutes. hearing will come to order. i would like to thank the members for being here. ranking member merkley and certainly want to welcome fda administrator gottlieb. thank you for being here this morning, we appreciate it. today s hearing will focus on the food and drug administration s fiscal year 2018 budget request. thank you again for being here, dr. gottlieb and obviously this is a good opportunity to talk about fda s priorities for the upcoming year. congratulations on your confirmation. we certainly want to welcome you in your first appearance before the subcommittee and we look forward to working with you. the agency you head has authority over approximately 20 cents of every dollar spent in america. americans expect that the food they eat and the drugs they take will be safe and effective. fda s reach is vast. the agency has authority over more than 300,000 foreign establishments, and 185,000 domestic establish ....
the upcoming year. congratulations on your confirmation. we certainly want to welcome you. in your first appearance before the subcommittee and we look forward to working with you. the agency you had has authority over approximately 20 cents of every dollar spent in america. americans expect that the food they eat and the drugs they take will be safe and effective. fda s reach is vast. the agency has authority over more than 300,000 foreign establishments and 185,000 domestic establishments ranging from food processing plants to facilities that manufacture lifesaving medications. in addition to facilities themselves fda is tasked with the regulatory responsibility of individual products. in delivering these regulatory responsibilities your private sector partners expect transparency and certainty from the fda. when i speak to small businesses and ag producers in north dakota their overwhelming concern is overburdensome regulations coming to washington, d.c. can stifle i ....
up interest rates and signals there are more hikes to come. can the stock market continue to rally as interest rates rise? i m here to help you folks do well. the president-elect strikes a conciliatory tone as he meets with prominent silicon valley executives. some of his most vocal critics during the campaign. 1 billion accounts. yahoo! discloses another hack, and this one is even bigger than the last. those stories and more tonight on nightly business report for wednesday, december 14th. good evening, everyone. and welcome. it finally happened. the federal reserve hiked short-term interest rates. it is the first increase this year, and just the second in about a decade. rising interest rates could impact millions of americans, including those who save, those who invest and those who are thinking about buying a home. interest rates have been near zero since the great recession but today the economy has picked up. and she expects the momentum to continue. that ....
up interest rates and signals there are more hikes to come. can the stock market continue to rally as interest rates rise? i m here to help you folks do well. the president-elect strikes a conciliatory tone as he meets with prominent silicon valley executives. some of his most vocal critics during the campaign. 1 billion accounts. yahoo! discloses another hack, and this one is even bigger than the last. those stories and more tonight on nightly business report for wednesday, december 14th. good evening, everyone. and welcome. it finally happened. the federal reserve hiked short-term interest rates. it is the first increase this year, and just the second in about a decade. rising interest rates could impact millions of americans, including those who save, those who invest and those who are thinking about buying a home. interest rates have been near zero since the great recession but today the economy has picked up. and she expects the momentum to continue. that ....
up interest rates and signals there are more hikes to come. can the stock market continue to rally as interest rates rise? i m here to help you folks do well. the president-elect strikes a conciliatory tone as he meets with prominent silicon valley executives. some of his most vocal critics during the campaign. 1 billion accounts. yahoo! discloses another hack, and this one is even bigger than the last. those stories and more tonight on nightly business report for wednesday, december 14th. good evening, everyone. and welcome. it finally happened. the federal reserve hiked short-term interest rates. it is the first increase this year, and just the second in about a decade. rising interest rates could impact millions of americans, including those who save, those who invest and those who are thinking about buying a home. interest rates have been near zero since the great recession but today the economy has picked up. and she expects the momentum to continue. that ....