Toomey, were the only members of the committee to voice opposition to the trade deal which the house passed in december by a vote of 385 to 41. Were meeting today to consider hr5430, the United Statesmexicocanada agreement implementation act. And senator sasse isnt here but hes a new member of the committee, so i would like to welcome senator sasse to the committee. And hes in joining the committee on one of the most important pieces of legislation we can do this year. And im glad to have senator sasse as a new member of the committee. On december 13th, 2019, the senate received or the house of representatives received the bill to implement the usmca agreement. Under fast track rules, the committee cannot amend the bill. We will vote today only on whether to report the bill. Before we vote, senators who wish to make statements may do so. In the interest of time, i ask that the statements be limited to three minutes, and i know that my staff has had a discussion with everybodys staff ab
600 gaining. A lot of the focus is on earnings and the economic backdrop. 1134. Ollar 1 it has fluctuated but is very arrangedbound. Rangebound. Coming up, the World Economic forum in davos. We bring you all the biggest names in banking. Lets get straight to first word news in new york city. We begin with the new york senate approving Donald Trumps new freetrade agreement with mexico and canada. It handles the president and a major win ahead of impeachment. The overhaul of the agreement was a priority for mr. Trump. Mitch mcconnell called vote a rare moment of bipartisan cooperation. The white house broke the law in withholding aid the ukraine. Accordingting to an independent watchdog, saying the president should not have delayed money. This is a key part of the impeachment case against President Trump. , quoteg with them obsessed with the u. S. Trade deficit. This is according to bill hogan, saying americafirst policies are bringing about a priceless moment for global trade. This came
Committee so i would like to welcome senator sass to the committee. And hes in joining the committee on one of the most important pieces of legislation we can do this year and im glad to have senator sass as a new member of the committee. On december 13th, 2019, the senate received or the house of representatives received the bill to implement the usmca agreement. Under fast track rules, the committee cannot amend the bill. We will vote today only on whether to report the bill. Before we vote, senators who wish to make statements may do so. In the interest of time, i ask that the statements be limited to three minutes and i know that my staff has had a discussion with everybodys staff about that. I hope that that will be satisfactory to the members. We do have a vote schedule at 12 15 so i think its important that we get this done this morning. I think we can. After statements im going to introduce staff and Administration Officials here to provide an overview of the bill and answer an
David when will we hear the arguments . They are in resets until they are in recess until tuesday at 1 00. What happens until then . Firstwe will see the response from the white house to the Senate Summons by 6 00. By 5 00 tomorrow, the house will have to file its trial brief. The White House Defense team then has until monday at noon to file its trial brief, and by monday at noon the house to respond to the white house summons. Then by tuesday at noon, the house to respond to the white house trial brief. We could get a huge amount of documents between now and the start of the trial at 1 00 on tuesday that reveal exactly how the president s team plans to defend him and how the house plans to prosecute their case. David as i understand it, the senate has not yet decided the rules they will follow. Mitch mcconnell will dictate it. They have to vote on it. Is that what will come up first at 1 00 on tuesday . Anna that is our expectation. Looking for the resolution from mitch mcconnell. Wh
Charles schwab takes advantage firm and israge said to be moving on rival Td Ameritrade. Apple overhaul Software Testing after finding glitches in its software. This is our second day at the new Economy Forum in beijing and we have plenty of great interviews ahead on our programs including mastercards device. Hairman also eurasia groups president as well. Competition was really focused on trade tensions, the risks for the global economy, the u. S. And china dynamic. We will see more conversations about today as well, but also more focus on technology, ai, 4g, and transitioning into 5g. Much it was very optimistic or hopeful is maybe a better word, hoping to come to some sort of heavy copper mines, but there was the idea that some of these issues are just going to remain issues forever, like Henry Kissinger saying the issue remain kong will problematic and other people saying the issue of sovereignty will be sensitive and will come up during trade negotiations. All of that has affected