Confident, yet humble, wise, yet dependent on your guidance. Give them the wisdom to cultivate a faith that preserves, keeping them from growing weary in doing what is right. Strengthen their ability to see among their colleagues your divine image. May our senators increase in favor with you and humanity. Fill them with a passion to live for your glory. We praise you for being our helper and we desire to magnify your holy name. Amen. The president pro tempore please join me in reciting the pledge of allegiance. 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. Mr. Grassley madam president. The presiding officer the senator from iowa is a recognized. Mr. Grassley i ask one minute in morning business. The presiding officer without objection. Mr. Grassley quite often in our newspapers you can read about a lot of city, state Pension Funds that are in trouble. Theres
[applause] pres. Trump thank you very much, everybody. I want to start by wishing my good friend, Prime Minister abe, from japan, a very happy birthday. He is 39 years old today. [laughter] pres. Trump please extend my wishes to the Prime Minister. He is a great gentleman and we have had rate success, have you know. In addition to what we are talking about today, they are building in japan many car plants in the United States, which they were not doing for a long time. They are building in michigan, ohio, lots of different states. We appreciate it very much. It has been a tremendous investment. But we are here to talk about a different purchase, and that is good as far as we are concerned. I want to thank you very much for it. [applause] pres. Trump so we are gathered here today at the white house this afternoon to discuss a very strong and groundbreaking achievement for the United States and japan the signing of the new u. S. Japan trade agreement and the u. S. Japan digital trade agr
Minister. We have had tremendous success. As you know, they are building, japan, many car plants in the United States, which they were not doing for a long time. They are building in michigan, ohio, lots of different states. We appreciate it very much. It has been a tremendous investment. But we are here to talk about a different purchase, and that is good as far as we are concerned. I want to thank you very much for it. [applause] trump so we are gathered here today at the white house this afternoon to discuss a very strong and groundbreaking achievement to the United States and japan the signing of the new u. S. Japan trade agreement and the u. S. Japan digital trade agreement. Digital is becoming a very big factor in the world. These two deals represent a tremendous victory for both of our nations. Jobs,l create countless expand investment and commerce, reduce our trade deficit substantially, promote fairness and reciprocity, and unlock vast opportunities for growth. In the United S
A couple of sectors are higher, including financials and energy. The 10 year yield has bounced back a little bit. It is obviously down two basis points now, but still at 2. 05. Topped 1400 overnight. It is back just below that important psychological level. , upe oil rallying up again 10 for the month of june for wti. Guy european stocks are lower today come but volume is sharply higher. ,s you say, quadruple witching but that doesnt have as much of an effect when it comes to index levels. Ratetrading at a higher than the dollar. We got the Energy Complex up. We certainly got a reaction to what is happening in iran. We also got a big reaction to the philadelphia refinery fire. Take a look at gasoline prices, trending up around 3. 5 . Vonnie we have a little bit of breaking news now. Someone else from the Federal Reserve weighing in, saying he was looking for a 50 basis point rate cut at the fomc meeting. Saying top of jim buller he thought a decrease was the way to go. Federal reserve
[applause] President Trump thats a nice group behind me. The seats are no good but youll become very famous tomorrow. [applause] President Trump well make their seat very good. Theyre happy. Theyre happy because of what weve donald because of how well our country is doing and our economy is doing. As a result of our action, e15 sales are projected to more than double this year. Think of that. More than double. Do you agree with that . More than double. [applause] President Trump more american ethanol production also means less dependence on foreign suppliers, by fully embracing e 15, we will reduce dependence on foreign oil by up to 250 million additional barrels every single year. I mean, quite simply, it means more energy and what can be wrong with that and its very good energy. That means our farmers are not only promoting our prosperity, you are protecting our security as a nation. [applause] President Trump america must never again be held hostage to foreign suppliers of energy, a