In a moment. Also if the headlines, chinas anbang withdrawing its 14 billion bid for starwood hotels. That means starwood will be owned by marriott. Well talk about what is next. And an interesting story around the mysterious anbang. Tesla shares higher this morning. Elon musk unveiling the new model 3 in los angeles last flight. He says preorders are already red hot. Welcome. Good to be back with you. Lots to do today. We have to start with the markets, all of the viewers and listeners following that jobs number. Not a great number, pretty good number. Stock market doesnt like it. The market is torn. I think the most important thing left out of all the discussion, new york and california raising the minimum wage big. Thats how wages go up now. It just shows you you have to push them up. The supply of labor force is so big, in part because of digitization. Ge talks about it. In part because of the loss of manufacturing. These jobs are not highpaying jobs, unless you have a minimum wage
Officials at tsa, and employees are scared to report problems, fearing retaliation. One employee says he was instructed by management to racially profile somali americans. A report from the Inspector Generals Office concluded they have a serious staffing problem, losing more than 100 airport screeners every week. This is 2 25. Committee on oversight and government reform comes to order. Without objection, the chair has authorize zed to declare a recess at anytime. We have an important hearing today examining the Management Practices and misconduct at the Transportation Security Administration, the tsa. As we enter the summer travel, Many Americans are headed to the airport. We get a lot of people coming in from overseas who want to travel domestically, but have a lot of americans taking their families or going on business, the whole array, everything you can think about. The numbers are pretty amazing, how many people travel on a daily basis. But often when they get there, theyre findi
Who can keep taxpayer Information Safe. If you are a top notch tech expert, you already are taking a pay cut to work in Public Service compared to what youd earn at firms in oregon or california. Now, without what is called streamlined Critical Pay Authority, it can take four to six months to bring a new hire on board at the irs. So i want to be clear as we go to questions, taxpayer information is under assault every single day. But the irs does not have the Legal Authority it needs from the congress to build a Cybersecurity Team that can beat back the crooks. Already theres been an exodus of high ranking irs tech staff. The director of cybersecurity operations left a month ago. The terms for the remaining employees working under this Authority Continue to expire, including for one of our witnesses chief technology officer. Come 2017, there are not going to be any left. So today, instead of rehashing the past and just beating up on one agency or one firm, to me, the priority ought to b
We are live on capitol hill this morning where irs commissioner John Koskinen is set to testify on cybersecurity. Hell be appearing before the Senate Finance committee. Live coverage here on cspan 3. We expect it to start in just a few minutes. Again, waiting for the start of testimony from irs commissioner John Koskinen this morning. Hell be talking about cybersecurity and how the irs protects the information of taxpayers. This is taking place before the Senate Finance committee. Just a couple moments away. While we wait for this to get started, elsewhere on capitol hill today, visits continue for Supreme Court Justice Nominee Merrick Garland. Hes meeting with 14 senators today, seven democrats, six republicans and one independent. So far, he has had meetings with 21 senators, 18 democrats, 3 republicans. Oneonone meetings with senators to take place in their offices today. Senate Judiciary Committee chair Chuck Grassley was up first and they started at about the 7 45 today. There was
Are scared to report problems, fearing retaliation. One employee says he was instructed by management to racially profile somali americans. A report from the Inspector Generals Office concluded they have a serious staffing problem, losing more than 100 airport screeners every week. This is 2 25. Committee on oversight and government reform comes to order. Without objection, the chair has authorize zed to declare a recess at anytime. We have an important hearing today examining the Management Practices and misconduct at the Transportation Security Administration, the tsa. As we enter the summer travel, Many Americans are headed to the airport. We get a lot of people coming in from overseas who want to travel domestically, but have a lot of americans taking their families or going on business, the whole array, everything you can think about. The numbers are pretty amazing, how many people travel on a daily basis. But often when they get there, theyre finding there are very long lines. We