The subcommittee on railroads pipelines and Hazardous Materials will come to order. Without objection so ordered. I also ask unanimous consent that the members not on the subcommittee be permitted to sit with the sub committed, without objection, so ordered. If members want to insert a document into the record please email it to documentsti mail. House. Com. I would like to remember our colleague congressman payne jr. Who passed away. It was privilege to work with donald on counterpart in is subcommittee. It was clear to all who knew him how strong his commitment to Public Service was and to his constituents. Im grateful for the opportunity to have worked alongside donald especially with leadership putting together our bipartisan bipartisanline safety legislation. He will be deeply missed on the committee and i want to send condolences and prayers to family, friends, and staff as they deal with this great loss. I will recognize myself for the purpose of an Opening Statement for five mi
These other television providers, giving you a frontrow seat to democracy. Next, officials from the transportation department, the American Gas Association and the American Petroleum institute testifying on legislation to ensure the safe handling of pipelines and Hazardous Materials, the house transportation and infrastructure subcommittee hearing is two hours. The subcommittee on railroads pipelines and Hazardous Materials will come to order. Without objection so ordered. I also ask unanimous consent that the members not on the subcommittee be permitted to sit with the sub committed, without objection, so ordered. If members want to insert a document into the record please email it to documentsti mail. House. Com. I would like to remember our colleague congressman payne jr. Who passed away. It was privilege to work with donald on counterpart in is subcommittee. It was clear to all who knew him how strong his commitment to Public Service was and to his constituents. Im grateful for the
We are halfway through the trading day from one of the final trading days of the year. Abigail doolittle is with us. We got a huge tax overhaul today, but the market already knew that. Abigail yes indeed. Small declines. We do have the news of the taxcut bill being signed today, put into the law of the land. On this, very small declines. Atestors are looking past it this point, having priced it into some degree already. At gains, not huge gains, but were looking at gains. This is where we are seeing bigger action, some of the alternatives, fiat currencies. Bitcoin, we cannot get away from the bitcoin story. Down 17 . Earlier today at one point come down 30 . Bear market in one day. Tremendous volatility, the worst day since 2013. Bitcoin did come into existence in 2009 as an alternative to Financial Institutions after the financial crisis. Other alternatives to be fiat currencies, gold and silver. Even though the dollar is higher typically you dont see that. Interesting to see all of t
Anna good morning. This is bloomberg daybreak europe. Manus welcome to the show. Europe wakens up to the scene and catalonia, broadcast around the world where you have real risk that catalan may declare with 89 of the vote that they may go for independence. Does that mean for risk what does that mean for risk . We are looking at the euro. We are down. That eurog streak on has been broken. The longest winning streak on the euro has been broken, and it is poised to end. If you go to the blog this morning, they say the markets are taking the risk in catalonia quite well. The euro is down, but it is not being flogged. The best Case Scenario for the market and spain is the scheduled government sanctioned and official succession vote. The dollar is stronger this morning on the tax plan and the overall trump trade reignited. There are a couple different facets at play. Anna there is a euro and dollar store. There are calls on the e. U. To act from catalonia. Radarg up the risk underlining you
It is not a new cold war. It is russias unwillingness to recognize ukraine can chart its own task. President obama may want to consult president putin about whether we are in another cold war. Now that mr. Putin capitallized on the hemisphere long term. Last month, mr. Putin visited cuba and met with the castro brothers. Legendary markist revolutionaries. Russia hit the reset button hard on relations with them. Mr. Putins mission was to submilitant growing comradery with russia and cuba. He wanted to establish 90miles from florida and bordering the panama canal Russian Military bases. Cuba ran up a debt to russia dating back to the soviet era of 35 billion. On the july trip president putin waved 32 billion in debt. New commercial agreements on energy and trade were made between the two. Remaining 3 billion will be used for education in cuba. Mr. Putin wants to invest in the creation of a grand transportation hub. Construction of an airport and Petroleum Projects on the islands north co