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CNBC Squawk Alley July 12, 2024

Good morning, everybody. Welcome to squawk alley. Im Carl Quintanilla with jon fortt a fortt. Weve seen risk off behavior in europe we watch both covid19 developments and system husband hopes. Dohm is going to break this down to start the hour. We were down in the early parts of the session so far. Just after the opening bell. 300 point decline. You can see here were still hovering near. 75 decline for the dow and s p 500 about 1 p as it has been for the past couple months now, the nasdaq has really been the outperformer or underperformer on down days as you can see here. Continuing in that trend today 11,616 there 1. 25 declines overall take a look at the nasdaq so far, were still continuing to kind of hover near the record high levels. Not so far away from them right now. Finding some support over the last couple of months here with the nasdaq now down 1. 3 there still is a renewed focus on many of the
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CSPAN3 Hearing On Constitutional Role Of Congress July 13, 2024

Test of these taking back power from the executive branch is often a challenge that requires overriding a president ial veto which is increasingly difficult. A return to normal appropriations, increase in legislative oversight, particularly by a spending authority, an earmark reform that both returns the practice while strengthening its integrity requires no president ial signoff. In fact each step rests solely within the purview of congress and it would allow legislators to increase capacity, better represent their constituents, uphold their oath and recommit to the spirit and letter of article i of the constitution. Thank you for your time. Thank you. Were going to head into questions. Im going to yield my time to representative scanlan. I know you have another hearing to get to. Thank you so much, i appreciate it. And thank you, chairman kilmer and vice chair graves for holding this hearing. Weve had a number of hearings talking about kind of the
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CSPAN3 Hearing On Constitutional Role Of Congress July 13, 2024

Okay the committee will come to order the chair is authorized to declare a recess of the committee. And this time article one, restoring capacity and equipping. I get myself five minutes to give an opening statement. Its our first hearing of the new year, this committee has had an incredibly productive last year, passing 45 recommendations focused on making congress more effective and efficient so that they can better serve the American People and i am proud of what we have conceived and accomplished with this committee so far and what weve accomplished together. Every member of this committee has been fully engaged, the work has taken time to consider the work in the mandate, and really working consider the colleagues. Finding Collaborative Solutions to the challenges this institution faces. Successful institutions what you are talking up businesses or organization ....

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CSPAN3 Hearing On Constitutional Role Of Congress July 13, 2024

Five minutes to give an opening statement. Its our first hearing of the new year, this committee has had an incredibly productive last year, passing 45 recommendations focused on making congress more effective and efficient so that they can better serve the American People and i am proud of what we have conceived and accomplished with this committee so far and what weve accomplished together. Every member of this committee has been fully engaged, the work has taken time to consider the work in the mandate, and really working consider the colleagues. Finding Collaborative Solutions to the challenges this institution faces. Successful institutions what you are talking up businesses or organizations or governments, depends on people who are invested in the work they are doing. And that is fundamental. Invite successful institutions invest in their cells, their employee ....

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CSPAN3 Hearing On Constitutional Role Of Congress July 13, 2024

Im chairman kilmer. Im excited to be here the first day of the new year. We had an incredibly productive last year with 45 recommendations to make congress more effective and officiate so it can better serve the American People. Im proud of what we accomplished as a committee so far and equally proud how we accomplished our Work Together. Every member of this committee has been fully engaged in the committees work and taken realtime to think about the issues in our mandate and their own perspectives and really listen and consider their colleagues perspective. This committee has worked because theyre finding Collaborative Solutions to the challenges this institution faces. The key word here is invested. Whether were talking about businesses or organizations or governments depend on people invested in the work tha ....

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