Fliers grounded. A risk few are talking about but we are the ticking time bomb amid many bank Balance Sheets. You are watching Worldwide Exchange on cnbc. Good morning, good afternoon, good evening wherever you may be watching what already feels like the fifth day of the week. After yesterdays wild market ride stocks, they open way down stock futures down 1,000 points. Then the market swung more than 700 points as the Federal Reserve says it is ready to buy Corporate Bonds. Basically a direct bail out struggling with individual debt issues right now, stock futures are powering up 500 points not just stimulus for the fed. Reports the Trump Administration is creating a plan for roads and bridges but some funds will be reserved for 5g and rural broadband. Infrastructure has been talked about about three years with nothing passed yet lets wait and see what happens. Treasury yields are surging on that news continued at a whoping 0. 74 . Up from a couple of days ago a huge reversal around th
[taps gavel] ll right. The committee will come to order. Better late than never. Sorry, everybody. The constitutional obligation of the job. I will now recognize myself for five minutes to give myself an opening statement. That said, as is usually the case, i will not take five minutes because we are doing Something Different today. Those of you who have attended past hearings no as committee sometimes likes to shake things up, and today, were looking at ways to develop the next generation of leaders in congress, which is part of our committees mandate. We figured what better way to showcase the next generation of leaders would be to future this committee of to feature this. Ommittees freshmen members we have benefited from their unique perspective as freshmen members. Resentative tendons representative tendons representative demings dutifully gets here early and waits and waits and waits to question witnesses. His patients has not gone unnoticed. I will yield to the representatives. T
Of South Carolina led the hearing. [taps gavel] all right. Hearing is setting members up for success. I now recognize myself or five minutes to give an opening statement. As is usually the case im not going to take five minutes because we are doing Something Different today. Those of you who have attended past hearings no as committee sometimes likes to shake things up, and today, were looking at ways to develop the next generation of leaders in congress, which is part of our committees mandate. We figured what better way to showcase the next generation of leaders would be to future this committee of to feature this. Ommittees freshmen members we have benefited from their unique perspective as freshmen members. Resentative tendons representative tendons representative demings dutifully gets here early and waits and waits and waits to question witnesses. His patients has not gone unnoticed. I will yield to the representatives. They are running the meeting today. Vice chairman graves, i
All right. Better late than never, the meeting will come to order. Sorry. The constitutional obligation of the job. I will now recognize myself for five minutes to give myself an opening statement. I will not take five minutes because we are doing Something Different today. Those of you whd past hearings no as committee sometimes likes to shake things up, and today, were looking at ways to develop the next generation of leaders in congress, which is part of our committees mandate. We figured what better way to showcase the next generation of leaders would be to future this committee of to feature this. Ommittees freshmen members we have benefited from their unique perspective as freshmen members. Resentative tendons representative tendons representative demings dutifully gets here early and waits and waits and waits to question witnesses. His patients has not gone unnoticed. I will yield to the representatives. They are running the meeting today. Vice chairman graves, i know you will a
Not only for america but for all state as we learn from each other. Ive had the privilege of coming here and gaining some longlasting friendships in a bipartisan way. I hope the you governors will take advantage of the opportunity to associate one with another. All of us tout the successs they have had, but i have done the same thing about utah but theres always room for improvement and the opportunity to come and learn from unc best practices and what is taking place in this country has helped me become a better governor. I heard the song God Bless America and i hope god does bless america and i think he does but the best hopes for our success, you governors are providing solutions for the nations problems, laboratories of democracy as these little pilot programs we all learn from and as opposed to the dysfunction we see in washington dc i see tremendous success and function taking place and appreciate the organization. Let me conclude by saying i hope you have enjoyed utah, the rodeo