In the world. Im convinced that the story helped me get the job at the post. American history tv all weekend every weekend only on former equifax ceo, richard smith, testified today before the House Financial Services committee. Its the fourth time hes been before lawmakers this week. Theyre looking into the equifax data breach, which exposed private information from nearly 146 Million People. All four hearings are available in our Video Library at cspan. Org. [ banging gavel ] the committee will come to order. Without objection, the chair is authorized to declare a recess of the committee at any time, and all members will have five legislative days within which to submit extraneous material to the chair for inclusion in the record. The hearing is entitled examining the equifax data breach. I now recognize myself for threeandahalf minutes to give an opening statement. September 7th, equifax announced what it called a, quote, Cyber Security incident at its business. That potentially aff
Firing means that the buildup or hearing the buildup or investigations may be totally justified, i take nothing away from that, distracts from things like getting cost Efficient Health care act together. Then of course tax cuts are contingent on that together. We were just talking about the cook report that was out yesterday that seems to show republicans now have better than even chance of losing the house and losing 24 seats, what it would take. There is easy precedent for that, in recent elections no less, than you can understand part of my concern. I laid out there, im going to be looking through that prism here, to frame this debate. So, it is not so so much pros and cons. You heard that to death, that you want to shoot yourself im sure. Im looking at prism of you and your money. Things a lot of folks want to see, including yourself might not. So, what is the fallout on all that . Blake burman with the very latest on all of the above. Blake. Reporter to your point, not just taxes
Assume we know what is right without seeking your wisdom. Inspire our lawmakers to think your thoughts, to listen for your directions, and to follow your guidance. Lord, lead them to seek what is best for our nation and world, depending always on your sovereignty and might. May they constantly remember that you possess all power and can accomplish the seemingly impossible if they would only believe. Continue to sustain them with your might, showering them with your bountiful blessings. We pray in your mighty name. Amen. The presiding officer please join me in reciting the pledge of allegiance to our flag. 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. The presiding officer the clerk will read a communication to the senate. The clerk washington, d. C. , july 11, 2017. To the senate under the provisions of rule 1, paragraph 3, of the standing rules of the senate
[inaudible conversations] spiritous subcommittee would come to order on how will simplify the broken tax code before we get started with Opening Statements about 80 yield to the chairman brady for the distinguished witness before us today. They give for your leadership of tax policy that such an important time in americas history and for hearings like this to have the conversation with a more progrowth tax system. Thanks to the witnesses of a special welcome to our friend former leader of this committee and a longtime mentor to me personally. Thanks for being here to share your insight. I would like to take a moment for the legacy at the ways and Means Committee actually serving on the committee 20 years chairman of the 1995. And the strong voice of 1986 lower rates for americans with complexity with those tax figures and to bring the same passion and determination that the tax code works for the American People and not against them. And to do those same taxes year after year to know i
Im carl qintanilla with sara eisen and john ford. Joining us this morning, Henry Blodget and cnc contributor, mike jackson. Good morning to both of you. Our top story is going to be the markets and rally mode. The dow is up 175. Got a pretty upbeat adp number. Some of todays top dow gainers are bob pisani is watching a lot of Different Things moving on the floor. Complicated parts. 2378. Off of the highs. Two things moving things. Higher yield and higher oil. Take a look at the k. B. This is the bank index. Buying finally started coming off of the lows of yesterday. We weakened a little bit. They cant decide where they want to go. Thats a big influence. Energy, the xle, oil stocks, they moved as oil rallied towards 52 dolz. They came down. Copper is up, nickel is up, zinc is up. Some of the copper stocks are moving there. Freeport may reopen that copper mine in indonesia they have had problems with. A big ipo in the energy space. Hess missstream, they own pipelines in the bokken. 25. 5