Use varies from one region to another and some places with lower infection rates some vaden later is may not be in use while other areas are potentially stretched beyond their capacity that database of available ventilators that we are creating wall laois to flex so that we can make sure that available quitman can be shared with those in need we appreciate the leadership of the Health Systems that are here today that has stepped forward and had a mention to a few i dont know if he quite dr Fritz Francoise from n. Y. U. That groan and david dill the c. E. O. Of life point as well we appreciate the work of the administration in helping us find Innovative Solutions to ensure the best care for our patients well continue to work with hospitals and Health Systems across the country to add to this reserve further your teammates provided us with important leadership and we look forward to working with you and mechanism to success thank you president thank you. Thank you mr president mr Vice Pr
Well come to order. Without objection, the chair is authorized to declare a recess of the committee at any time. This hearing is entitled the end of Affordable Housing, question mark. A review of the Trump Administrations plans to change Housing Finance in america. Before i recognize myself, members today its mr. Mchenrys birthday. If anyone wishes to sing happy birthday, please save it until later. Thank you. We all thank you for that, madam chair. Happy birthday. And i now recognize myself for four minutes to give an Opening Statement. Good morning. Today were here to discuss the impact of the Trump Administrations Housing Finance reform plans. We are joined by treasury secretary Steve Mnuchin, h. U. D. Secretary ben carson, and federal Housing Finance agency director. Welcome. Let me say up front that the Trump Administrations Housing Finance reform plan would be a disaster for our housing systems. The Trump Administration is threatening to end the conservatorship of the enterprise
Where is the value . We will talk to a Top Value Fund investor this hour. And he will point us to three stocks that he likes right now. How about the race on democratic side . There are 17 of them on the republican side there are three right now. Can you name t2 of the 3 on the democratic side . You know clinton. You might know sanders. You know omalley . Well, those two guys gore. The veeps, gore and biden may be getting in. More there are more and more questions popping up on the democratic side. Will gore, will biden jump in and challenge hillary . Mandy is out, sara eisens in at the new york stock exchange. Good to see you, tyler. Start with oil, watching that price move. Its been sharp today. Were off the lows of the session as we speak, actually pushing higher 42. 56 is wti. Earlier in the session we dropped below 42. We hit the lowest point since march 2009. Well see where oil goes next. Also want to show you some of the big oil companies. Exxonmobil is trading lower by about. 2
Flat but even with stocks near record highs as represented in this graphic by the happy scuba diver, theres warning signs lurking beneath the surface. It all boils down to this. Do the moves in these areas in the market make you nervous about this rally at what point could they break through that surface, pete quite honestly, i look at this market and think the rotation has been going on weve seen it time and time again in energy, something lags, whether its technology, financials, whatever if theres a concern right now of whats maybe lurgeking, wer completely blind to the fact that north korea is still out there, quantitative tightening is still out there there are catalysts that could push us to the downside. Were in a pause phase, it feels like to me mike from Morgan Stanley was here, he waited until last week and said, you know what, it feels like its a time for a refresh or pause it makes sense to me based upon what weve had and what are the catalysts . Weve had earnings, weve gon
Welcome to Worldwide Exchange on cnbc. Im sara eisen im wilfred frost good morning to you from me as women. Well yesterday, tech ended up lagging the market, leaving the nasdaq with a bigger decline as for futures dow futures are little changed down about a point nasdaq futures continue to sell off, down 26 points. S p futures are down two moves in the euro following comments about mario draghi. Draghi says growth in the eurozone is abovetrend and broadly based. A decent jump in the euro over the course of his speech up 0. 64 the key soipoint is he aid all signs point to strengthening and recovering that gave the euro the jump on the news he said inflationary pressures seem to be replacing deflationary pressures most of the speech was dovish, indeed he did say loose policy was still required tomake sure inflation dynamics became durable. Any changes to policy would be gradual. The broad term was dovish. The market focusing on those core comments about the economy and saying the economy