Reauthorized many of the administrations responsible for ensuring the safety of surface Transportation System including fm csa, and its a and h tsa, our witnesses can discuss the implementation. And identify issues the committee should consider as we prepare for transportation reauthorization. That place a greater focus on the nations Freight Network including establishing infragrant program. Others like tiger grants are critical to our nations transportation infrastructure. I hope the witnesses will provide the country with an update on efforts to improve our infrastructure and how grants are being utilized. The Hummus Committee considers reauthorizing fast act i plan to work closely with Ranking Member cantwell and others on both sides of the aisle too, to authorize the build discretionary grants, reauthorize amtrak, continue to enhance freight and Passenger Rail network, innovative Transportation Technologies across modes, coordinated research, develop and and deployments, advance H
Today we will hear from department of transportation officials. The administrator of the federal railroad administration. The administrator of the federal Motor Carriers administration. And the deputy administrator of the national highway Traffic Safety administration. Welcome to each of you. Fixing americas surface transportation act of 2015 reauthorized many of the modal administrations responsible for ensuring the safety of our surface Transportation System. Fra. Ding fmcsa, nasa, and hearing provides our witnesses with the opportunity to discuss the implementation of and identify issues this committee should consider as we prepare for reauthorization. The act placed a greater focus on our nations multimodal freight i hope the witnesses will provide the committee with an update on efforts to improve infrastructure and how build grants are being utilized. Are the Commerce Committee considers reauthorizing the fast act, i plan on working with members on both sides of the aisle to auth
What heck happened to that jolly stock market that you saw last time around, around christmas eve. Since then the grinch has mostly been in charge. Today on the second trading day of the year, the creature with the heart two sizes too small came in the form of tumbling oil prices, renewed worries about the eurozone and a strengthening u. S. Dollar. Heres a look at the damage on this the worst day since october for blue chip shares the dow dropped 331 with chevron and exxonmobil among the biggest decliners. Nasdaq was down 74 and the s p 500 lost 37 points. Oil prices hit 5 1 2year lows briefly dipping below 50 a barrel. West texas crude ended the day down 2. 65. It closed just a droplet above 50 bucks. Benchmark brent crude finished at 53. 11, as you see there. Compounding oils woes, the suddenly muscular u. S. Dollar. It soared to a nearly nineyear high today mostly at the expense of the euro. Bob pisani has more now on how the stronger dollar, falling bond yields and tanking oil pric
Holiday, you might be wondering what heck happened to that jolly stock market that you saw last time around, around christmas eve. Since then the grinch has mostly been in charge. Today on the second trading day of the year, the creature with the heart two sizes too small came in the form of tumbling oil prices, renewed worries about the eurozone and a strengthening u. S. Dollar. Heres a look at the damage on this the worst day since october for blue chip shares the dow dropped 331 with chevron and exxonmobil among the biggest decliners. Nasdaq was down 74 and the s p 500 lost 37 points. Oil prices hit 5 1 2year lows briefly dipping below 50 a barrel. West texas crude ended the day down 2. 65. It closed just a droplet above 50 bucks. Benchmark brent crude finished at 53. 11, as you see there. Compounding oils woes, the suddenly muscular u. S. Dollar. It soared to a nearly nineyear high today mostly at the expense of the euro. Bob pisani has more now on how the stronger dollar, falling
What heck happened to that jolly stock market that you saw last time around, around christmas eve. Since then the grinch has mostly been in charge. Today on the second trading day of the year, the creature with the heart two sizes too small came in the form of tumbling oil prices, renewed worries about the eurozone and a strengthening u. S. Dollar. Heres a look at the damage on this the worst day since october for blue chip shares the dow dropped 331 with chevron and exxonmobil among the biggest decliners. Nasdaq was down 74 and the s p 500 lost 37 points. Oil prices hit 5 1 2year lows briefly dipping below 50 a barrel. West texas crude ended the day down 2. 65. It closed just a droplet above 50 bucks. Benchmark brent crude finished at 53. 11, as you see there. Compounding oils woes, the suddenly muscular u. S. Dollar. It soared to a nearly nineyear high today mostly at the expense of the euro. Bob pisani has more now on how the stronger dollar, falling bond yields and tanking oil pric