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Secretary kelly talked about Immigration Enforcement and Cyber Security at th is subcommittee hearing. It is just under 1. 5 hours. Call to order. Welcome to the subcommittees first hearing of the department of Homeland Securitys fiscal year 2018 president ial budget request. I would like to extend a special welcome to todays witness, secretary john kelly. Mr. Secretary, we are very pleased you answered the president s call to lead dhs. Having someone with your credentials to lead this department will strengthen it and enrich it. Its good to begin the fy 18 appropriations cycle. Having someone...

Good tuesday morning. Welcome to squawk alley. Jon fortts on assignment. Hes headed out west. A bunch of big names on that guest lit starting tomorrow. Well hear from steve ballmer, and a lot more over at code over the next couple of days. In the meantime the dow is down 32. Amazon broke through to 1,000 for the First Time Ever as tech stocks continue to rally in the First Six Months of the year. Bertha coombs with the latest. Hi, bertha. Amazon stocks helped lift the stocks to a new high. They have helped Large Cap Fund managers achieve outperformance to the overall market. Theyve really sort...

And welcome to power lunch. Im melissa lee. A winning month with a losing day. The major averages lower across the board here. We did hit record highs with the nasdaq and dow jones utility average before the markets went lower. Crude oil, meantime, hitting threemonth lows. Traders are worried the opec led cuts to reduce global inventories are being undermined by those outside of the deal. Financials, big hit here. Regional banks on pace for the third consecutive day of losses. Im michelle carusocabrera. Here is what else is happening this hour. New york times offering buyouts. The move aimed a...

Welcome to the subcommittees first hearing on the fiscal year 2018 president ial budget request. Id like to extend a special welcome to todays witness, secretary john kelly. Mr. Secretary, we are very pleased you answered the president s call to lead dhs. Having someone with your credentials to lead this department will strengthen it and enrich it. It is good to begin the fy18 appropriations cycle, despite its late start, im confident this subcommittee will produce a bill that supports the departments mission, balances competing interests, and is affordable to the american taxpayers. Before i ...

Good morning welcome to squawk alley. Joining me this morning, sarah eisen and mike santoli and the the senates new Health Care Plan in a joint statement, rand paul, ted cruz, mike lee and lee johnson say it doesnt do enough to repeal obamacare. Republicans can only afford two no votes the aarp, American Hospital association and others have also come out against this bill health care stocks, though, surging following the drafts release. Theyre on pace for the best week of the year maybe some profit taking today but still, more than 3 for the group overall. Walter, whats your prediction how doe...