We take you to capitol hill for a House Oversight hearing on the Economic Impact of Climate Change under way. There are several reasons the on as a consequence it undermines the american people. Let me list. One, in 2018, the Trump Administration instituted a smaller social cost of carbon of 1 to 7 compared to 50. Its based on two faulty assumptions. First, it uses inappropriately high discount rates that are not supported by economic theory or Financial Markets. Second, it fails to account for damages that occur outside the United States. This failure discourages other countries who in total produce about 90 of total co2 emissions from undertaking emissions cuts that would benefit u. S. Citizens. The United States special role in global democracy can produce demonstrable benefits for u. S. Citizens, and we are failing here. The absence of meaningful progress at the recent madrid climate talks is evidence of what happens when we retreat. Number two, the social cost of carbon is no long
Vote vote the presiding officer are there any senators in the chamber wishing to vote or change their vote . If not, the yeas are 56, the nays are 38. The nomination is confirmed. The senator from missouri. Mr. Blunt mr. President , i ask unanimous consent that with respect to the mcfarland nomination, the motion to reconsider be considered made and laid upon the table and the president be immediately notified of the senates action. The presiding officer without objection. The clerk will report the motion to invoke cloture. The clerk cloture motion we, the undersigned senators, in accordance with the provisions of rule 22 of the standing rules of the senate, do hereby move to bring to a close debate on the nomination of Anuraag Singhal of florida to be United States district judge for the Southern District of florida, signed by 17 senators. The presiding officer by unanimous consent, the mandatory quorum call has been waived. The question is, is it the sense of the senate that debate o
Lawmakers also heard testimony from the head of the housing agency, this hearing is just under three and a half hours. Will come to order. Without objection the chair is authorized to declare a recess of the committee at any time. This hearing is entitled, the end of Affordable Housing . A review of the Trump Administrations plans to change Housing Finance in america. Before i recognize myself, members, today is mr. Mchenrys birthday. [ applause ] if anyone wishes to sing happy birthday, please save it until later. Thank you. We all thank you for that, madame chair. Happy birthday. Thank you. I now recognize myself for four minutes to give an Opening Statement. Good morning, today were here to discuss the impact of the Trump Administrations Housing Finance reform plans. We are joined by treasury secretary steven ma shun, ben carson, and mark calabrio welcome. Let me say up front the Trump Administrations housing reform plan would be a disaster for our housing systems. The Trump Adminis
Heritage foundation Nick Lawrence and friends of the orte discuss the Trump Administrations plan to leave the plan to leave the paris climate agreement. The u. S. T wednesday, house of representatives will do something it has not done in 21 years, hold a public hearing on the impeachment of the president of the United States. Good morning. This is washington journal. We would like to know your expectations for that hearing. What do you hope to learn next week in the two hearing set and what do you hope or anticipate the outcome may be . Democrats call 2027488000. Republicans, 2027488001. And for independents and others, that is 2027488002. You can also text us, 2027488003. Make sure you let us know where you are texting from and your name. cspanwj is how you reach as on twitter and facebook. Com cspan. A headline this morning in roll call, open impeachment hearings to begin next week. Katherine tullymcmanus writing the house will move into the public hearing phase next week. Bill taylo
There are issues about what we can do to help communities at high risk with relocation. What we can do to support communities that will be on the receiving end, they will need Financial Support as well. With that i will conclude those are some of the key ways in which i see the report we put out in september translating into the us context, thank you. I think youre absolutely right. Its very clear that awareness at the city, state and tribal level has been increasing. Mayors are on the front line of responding to all these extreme events and if you look at the burgeoning of resilience officers, the urban resilience network, there is a hunger for best practices, more data and to be able to share things with each other quickly. Our last speaker is Leonardo Martinez diaz and he directs the Sustainable Finance center at the resources institute. Previously we all worked at the department of treasury, Deputy Assistant secretary for energy and environment, he also worked on climate finance in