Dethe vote. Put de novo. Those in favor say aye. Those opposed, no. In the opinion of the chair, the ayes have it. The journal stands approved. The speaker pro tempore the ouse will be in order. He house will be in order. Please take your conversations off the floor. He house will come to order. Please take your conversations off the floor. He house will come to order. Pursuant to clause 8, rule 20, the chair will postpone further the house today will come to order. Please take your conversations off the floor. Pursuant to clause 8, rule 20, the chair will postpone further proceedings today on motions to suspend the rules on which a recorded vote or the yeas and nays are ordered or votes objected to under clause 6 of rule 20. The house will resume proceedings on postponed questions at a later time. For what purpose does the jerusalem from california seek recognition . I move that the house suspend the rules and pass the bill s. 239, the Christa Mcauliffe commemorative coin act of 2019.
Negative territory for the day. This is the last trading day for the month. All three major averages end in the green for the second month in a row. Fox Team Coverage with Edward Lawrence at the Federal Reserve. Jackie deangelis on the floor of the New York Stock Exchange and blake burman of course at the white house but edward we start with you. Reporter a quarter point percentage what they cut off the federal funds rate. Not everyone in the room believed that should happen. There were two dissenters, boston Federal Reserve president and kansas city Federal Reserve president said they would like to see the fund where they were. Jerome powell said this will not start a lengthy process of fed cuts but it will not be a one and done. He says as we see more accommodative Federal Reserve here moving in that direction, he is almost taking credit there for the economy, economic expansion continuing. What he says were seeing low unemployment, wages rising, consumer spending. So i wanted to kno
live at msnbc headquarters in new york city. it s not something we say very often, but congress appears on the verge of actually accomplishing something. more than 350 house members, even speaker johnson himself have signed on to a multibillion dollar deal that could give a tax break to millions of families and businesses, but will senate republicans end up sinking it? for the first time in a long time, we heard from defense secretary lloyd austin pinning the blame directly on iran for the deadly attack on u.s. service members and insisting they ll pay the price. we ve not described what our response is going to be, but we look to hold the people that are responsible for this accountable. but the question is when and is the delay getting iranian backed militants time to get away. and the government is gearing up for a price war with big pharma, with billions of your dollars at stake. hhs secretary xavier becerra will join me later in the show to talk about how it coul
On many essential attributes of a plan. It would be extremely challenging too used to document as a document to hold the iris, the Treasury Department, or anybody else accountable for missteps. The few things it almost entirely lax are quantitative targets to measure against, backup data to analyze, and various key operational details including, for example, who at the irs or Treasury Department is ultimately responsible for making decisions on any particular issue. This does not give any detail on how the irs will implement secretary yellens 400,000 dollar pledge. And details really matter here. It also does not estimate what any of the 42 initiatives or 190 odd key projects are expected to cost or clearly answer the basic question of which initiative or key projects can be fully implemented with the 80 billion dollars in funding. What the document quietly admits is astonishing. Despite contrary rhetoric, the irate did not give the irs enough funding to fully realize the plans divisio
this week s actions demonstrate our resolute commitment to insure that our financial system remains strong and that depositors savings remain safe. paul: let s bring in jason trender, chairman and ceo of an investment strategy firm. jason, quite a week in financial markets. you know, the treasury secretary says all is well, safe and sound, but the markets aren t acting like it. just how big a question a problem is this in the banking system? well, paul, we don t know yet, but i think that, you know, history has taught us that, generally speaking, when there are problems like this in the banking system, they re not they generally don t tend to be isolated. i feel very strongly that in many ways the precursor for this has been 12 the years of i would say borderline irresponsible monoair the policy and fiscal policy paul: right. and so in some ways, it s not surprising that when inflation moves higher as a result of those policies, that people get caught offsides when