Come whichrevious also been revised higher. There was some expedition that as prices come up because of the fact you can get cheap lending at the moment or cheap borrowing , you would expect that at some have, that would start to an impact on a month by month basis. Nevertheless, the market was looking for this month on month number two actually slow, and that hasnt happened, which is really interesting and the light of what we are starting to see in the employment market. We saw initial jobless claims out a little bit earlier on. Youre starting to see the negative data could begin from the employment side of the economy, starting to come in a little softer. Bloombergs mike mckee joining us now with the details of that. Michael at one point on the housing numbers, existing home sales or closings, so these contracts were signed a couple of months ago when things were a little better in the economy, and we got low mortgage rates, so the one thing the fed has been able to do is stimulate
With time equally allocated between parties and each member other than the majority and minority leaders and minority whip limited to five minutes. But in no event shall debate 9 50 a. M. Beyond the chair now recognizes the entleman from illinois, mr. Shimkus, for five minutes. Mr. Shimkus thank you, mr. Speaker. Mr. Speaker, i rise again this thank my boys, now young men, for the love, support, and understanding during my time as congress. F as i stated yesterday when i was sworn in for my first term in 1997, david was 3 years old. Joshua was 1 years old. In 1999, daniel was born. After completing this term, i 24 years. 21, ns will be 28, 25, and respectively. So their entire lives have been of ng their dad as a member congress. I always joke that in the early packageable. Were in the district we just packed them up and hauled them around. Changess meant diapers, of clothes, lunchables. Well, you get the idea. They had a chance to visit county and state fairs. They also had to sit thr
The subcommittee will come to order. Welcome to our first Budget Hearing of the Senate Appropriations subcommittee on Congress Justice in science, and related agencies for this fiscal year, 2021. We have the honor of hearing from secretary of commerce, wilbur ross about the president s for the department of commerce. Welcome secretary ross for your appearance. We look forward to hearing from you this morning. As we, know the department of commerce executes a broad range of critical activities for our nation, things that are important to every american, things that are important to us as members of the senate, and issues that we care a lot about. Research and development, Cutting Edge Technology for predicting the weather, increasing trade and investment, recruiting businesses to our communities. The census has been an essential component of the departments business for the last several years. The president s request is eight billion dollars, 6. 7 billion below the fy 20 enacted level,
Secretary wilbur ross on budgetnt trumps 2021 request and he talks about the 2020 census, space commerce and trade relations. Held by a subcommittee, this is two hours. Sen. Moran good morning, everyone. The subcommittee will come to order. Welcome to our first Budget Hearing on commerce, justice, and science and related agencies for this fiscal year 2021. Today, we have the honor of hearing from secretary of commerce wilbur ross about the president s fy 21 Funding Priorities for the department of commerce. Welcome, secretary ross. Thank you for your appearance. We look forward to hearing from you this morning. The department of commerce executes a broad range of activities for our nation, things that are important to every american. Range of critical activities for our issues that we care a lot about. Research and development, cuttingedge technology, predicting the weather, increasing trade and investment, recruiting businesses to our communities. A componentas been of the departments
[captions Copyright National cable satellite corp. 2020] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] good morning, everyone. Welcome to the first Budget Hearing of the Senate Appropriations committee of justice, science and related agencies for fiscal year 2021. Today we have the honor of hearing from wilbur ross about the president s Funding Priorities for the department of commergs. Welcome, secretary ross, thank you for your appearance, we look forward to hearing from you this morning. As we know the department of commerce executes a broad range of critical activities for our nation, things that are important for every american. Things that are important to us as members of the senate and issues we care a lot about. Research and development, cutting edge technology, predicting the weather, increasing trade and investment, recruiting businesses to our communities. The census has been a signi