Is brought to you by your local cable or satellite provider. Cspan is the unfiltered view of government. Next a look at the congressional mailing rules during a hearing of the House Modernization Committee and experts will talk about how social media is going to affect the way congresspeople communicate with their constituents. This is late yesterday and is about an hour. All right. The meeting is coming to order and without notice the chair is allowed to call this meeting to a conclusion at any time. I now recognize myself for five minutes for an opening statement. Happy halloween, everybody. I am dressed as americas most maligned super hero congress man and able to fly across the country in six hours on alaskan airlines. We were thinking about titling this hearing frankingstein, and how the houses ghoul ishmaeling standards have haunted the members for decades, but i suppose the unspooky title for record, and like most of issues that fall into this committees mandating and the work o
Arrows across the board. Nothing by more than a percentage point the dax is up just over a 10th a percentage point not surprising anyone with any expectations more rate cuts could come if the economy slows. 10year yielding 2. 237 . I saw there were three dissents they failed to point out one of them wanted to go 50 the future Federal Reserve, in raining. Right wanted the cut by 50 basis points a Job Interview right in the general news, they said, the Federal Reserve was doing okay it looks like a great economy but there are things to consider beyond the globe i thought that was his best perfo performance yet. Maybe not what you were hoping for and ending up on the day, you were effective am i here over there. Smile for the camera okay. New reports about how was that was that fake . New reports about at t plans for direct tv. Stock moving a little bit. Reporting the giant is considering options including spinoff. Fake news is it fake . I have taken calls on this. This is fake news. I sh
Also want to thank the witnesses for being accommodating knowing vote scheduled interfered with the original hearing schedule and accommodating us today. The topics covered in this hearing and i said this previously are not necessarily what is going to make cable news every night but incredible importance when we think of how best to serve the United States of america, our interests and Foreign Policy and the foundation for any real Successful Organization always starts with the right people and make sure they are equipped with the right resources and ability to do their job effectively. I said multiple times previously and want to reiterate we are proud of the men and women that serve us in our diplomatic corps overseas and in Development Work around the world and these are patriotic americans. I once again want to reiterate the work of how important it is for foreignpolicy and american strength. The last few months as subcommittees chairman i had the pleasure of meeting with many ind
Shape as i keep saying, then how the heck can i keep calling for a rate cut i dont need a rate cut. On a day when the dow gained 50 points, the nasdaq dipped 3. 6 , i think this is an important question especially given the feds yearly jackson hole con fab getting Coverage Today and tomorrow on our network. As the consumer well, lets just say, what do we know about the consumer consumer shops at watch, which is my acronym for walmart, amazon, target, costco, and home depot. What do we know about the consumer at these stores doing quite well we know the Unemployment Rate is at its lowest level in 40 years, so why in the world is President Trump trying to hector the fed into cutting interest and why do i believe in the president because its not that simple, people as i explained last night, weve got two economic world views colliding here you look at the big retailers and it seems like business is booming. You look at whats happening in the rest of the world in the bond market it looks l
To fund its Weapons Programme. And the markets are looking like this. We will have all you need to know about the trading day. We will have all you need to know about the trading day. Do you have what it takes to ditch the dayjob and join the growing army of freelancers . Well hear about the pleasures and the pitfalls of the gig economy from the man running what claims to be the uks biggest freelancers pool. Are you a coffee drinker or a tea drinker and do you do that before you go to bed . A new Study Suggests coffee and tea may not affect your sleep at all. Do you agree . Do you agree . Today we want to know. Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. Let us know what you think about that study. I am on the side of those who are not affected by any of that. I drink coffee and it doesnt stop me sleeping. We start in the uk, where the countdown to brexit continues and talks about whether the uk can do a trade deal with the worlds biggest economy, t