They will meet later today. They will hold a joint News Conference this afternoon and tomorrow the president reportedly will speak with russias president Vladimir Putin. A warning for the next time you pick up your phone. They authorized charges on your credit card. Along with starbucks. Both reporting last night the report dash mac results results that were disappointing investors. Check the markets right now. Theyre searching for direction this morning after another record high yesterday. Its up just a fraction. And same same with the nasdaq composite. Fractional moves here to tell you about. In Europe Markets are mixed. In asia overnight mix performances as well. Take a look at the shanghai composite. And ek average was up a third of a . The 50th anniversary of the apollo one fire. Nasa is opening a new exhibit to monitor the crew. In joining me to talk about it is my team. Happy friday. Its always a great morning with talk about that. This week has been no shortage of things to tal
Next, his appearance before the Senate Budget committee. It is about three hours. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] good morning and welcome to everyone here. I will call this here in short order. We are here today to consider the nomination of representative Mick Mulvaney of South Carolina to be the next director of the office of management and budget. Im going to try to keep my opening remarks brief since we have a pair of senators before us for going to give some introductory remarks of their own concerning their nominee. President trump indicated his intent to nominate representative of any for this position a little over a month ago. I think we would like to see a confirmed director in place as soon as possible. So i am happy to note that the other Committee Jurisdiction over omb d awe need an omb director in place with so many causing budgetary issues requiring the attention of the new
As mentioned, the senate advanced the nomination of representative of South Carolina to head the omb, his confirmation vote is expected sometime today or early tomorrow ahead of the senates return, here is his confirmation hearing last month before the Senate Budget committee. [inaudible conversations] [inaudible conversations] good morning, our call is hearing to order. We are here, im going to try to keep my opening remarks brief since we have a pair of senators before us to give introductory marks concerning the nominee. President trump indicated his intent to nominate representative for this position, a little over a month ago. I think all the members of this committee can agree that we would like to see it confirmed omb director in place as soon as possible so im happy to know that the other committee, omb, Homeland Security will be convening this afternoon to hold their own hearing with representative molvani, we need director in place with so many issues requiring the attention
Available to respond to realtime needs and circumstances, so i think that worked out well and as these contracts occurred periodly we have to reforecast knowing what we know now and that is this moment in timet. U rs will hold the masterer contract but not sure we will use all the money . The current modeling oror forecast needs adjustment. This is a extension ofwe only have 3 engineerfelt i dont think thats the problem. I dont think anyone is questioning the need for the pmpc service. We are very much a outsoersed operation. I think maybe the concern and what i didntmaybe i missed but didnt see in the staff report is how much of this budget augment ation is because spending at a higher rate anticipated which is director kims concern versus we need to keep them up i running for 6 more months to clous out the contract and thought i understood it was a compation of both but i dont think we have visibility fl to that distinction and think there is concern over the former. If the burn rate
The president s nominee for the next administrator for centers for medicare and Medicaid Services said all options should be considered to improve Program Quality and financial stability. Seema verma testified in a three our confirmation hearing yesterday. [inaudible conversations] the committee will come order. I would like to welcome everyone to this mornings hearing. Today we consider the nomination of seema verma to Service Administrator of the centers for medicaid, medicare and Medicaid Services. We are so happy to have you here and your family too. Appreciate your willingness to meet at the agency on this article time. I see your family has joined you today to lend support so i extend a warm welcome to all of you and them as well. Cms is the Worlds Largest Health Insurer covering over one third of the Us Population through medicare and medicaid alone. It has a budget of over 1 trillion and processes over 1. 2 billion a year for Services Provided to some of our nations most vulner