500 today, Texas Instruments, down about 7 . Thats your biggest decliner in the Philadelphia Semiconductor index, dragging most of the chip stocks lower. A lot of folks thought that the decline in those chip stocks, the decline in that memory cycle, that hit bottom. The results we got out of Texas Instruments seems to suggest that bottom not quite there. And youre seeing bids coming into the havens. 10year treasury yield down to 1. 73. Its interesting, the bond bulls not deterred, buying the dip every chance they get. We dont look at bitcoin very often, but worth it today. Down about 8 , down to levels we saw back in june. A lot of this tied to whats about to happen on capitol hill today. A lot of concern here that some of the scrutiny surrounding facebook and leeb i cant, thats weighing on the bitcoin space, weighing on easter, tether, and a lot of other coins out there. Something to keep an eye on here as we move into the rest of the day. Guy well look for that testify. British pound
Hours. And now for us to declare a recess of the committee at any time, and we will have five legislative days to submit extraneous materials to the chairman for inclusion into the record. This hearing is entitled a legislative proposal to impede north kr north koreas access to finance. I recognize myself for five minutes to give an opening statement. Todays hearing will examine draft legislation to impose secondary sanctions on foreign banks whose business supports the north korean regime whether directly or indirectly. By encompassing virtually all of north kr north koreas economic activity, these measures would are represent the toughest financial sanctions yet directed at pyongya pyongyang. This the means going after cole, petroleum, textiles and minerals as well as north korean laborers abroad. In addition, the bill would incentivize greater compliance with the u. N. Sanctions by leveraging the vote at the International Financial institutions where certain countries with the lax e
If we really believed and were going to live this record programmed to go live to the Heritage Foundation this afternoon. A quick reminder you can watch the rest of the Program Online on cspan. Org. This type center for strategic and budgetary assessment in the search bar. Live now to the Heritage Foundation for the future of the every Nuclear Agreement. This is cspan2. Will post a program in the heritage homepage following todays presentation as well. Leaving our discussion as jim phillips, Senior Research fellow for middle Eastern Affairs in douglas and Sarah Allison center for Foreign Policy studies. If the veteran foreignpolicy specialists who has written widely on the middle east and issues of International Terrorism since coming to the Heritage Foundation in 1979. He has authored dozens of papers on iran on its Nuclear Program, use of terrorism and testified before congress on Irans Nuclear program and other middle east security issues. Please join me in welcoming jim phillips. W
From scripted prepared remarks. And when the president is off script, as you know, he time and time again complains that u. S. Allies dont spend enough on their own defense and hes also made clear that he sees little use for multinational organizations. So how should we pars, how should we digest when we heard from President Trump today . Reporter jeff, youre absolutely right. Hes been tough on naty, the organization and on nato allies for not contributing what he believes they should contribute to the organization. But, look, this day of all days was not a day for berating allies and President Trump did not. And he was on message. He had, as say sh as you say, a beautiful script and, he handles it well. Two because the other was from president macron and it was political and deeply thankful of americas role in liberating his nation. But for President Trump, he name checked countries and he name checked people and that was very diplomatic. He name checked france and the french resistan
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