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Proposal. As well as Economic Growth and the impact of the tax cuts and job that jobs act. Jobs act. Todaym pleased to be here to discuss the budget. Trumps Economic Freedom agenda is working. Reform andegulatory trade deals are improving the lives of hardworking americans. Unemployment remains historically low. And it is at or near alltime lows for africanamericans, hispanic americans, and veterans. The Unemployment Rate for women reached its lowest point in 70 years. Before President Trump came into Office Experts were predicting that we would grow by 14,000 jobs for month per month. We averaged 175,000. Wages for unsupervised workers in 2019. 3 which meant that roy wages rose faster for workers than i ....
Tour takes you to amarillo, texas. The treasury secretary Steven Mnuchin testified to congress. Theielded questions about 4. 8 trillion proposal and Economic Growth and the impact of the jobs act signed into law december, 2017. [camera shutters] sen. Grassley we are pleased to have treasury secretary mnuchin, here today testifying about the president s fiscal year 20202021 budget, the president s budget includes proposals to confront a number of important issues, i want to work with the president , the secretary, and others in congress, to address these and other pressing issues, within our committees jurisdiction. Drug pricing, and employer pension crisis are two such issues that must be dealt with, this Budget Proposal comes at a time when the economy is very strong, especially for working families. Better trade deal ....
Expected to be signed tomorrow headlines injecting uncertainty on existing tariffs and after hittinga new alltime high, apple is now the biggest drag on the dow. Well have much more on why later in the show. We are up 50 points on the dow steve grasso with us for the full hour. Steve, todays session yo yoing. The bottom line though is the deal should be signed tomorrow and the rest of it we kind of knew. It seems like the market is looking for a reason to sell off. You have bulls that want a better entry point, bears that want to push it down and any headline that allows them to do that, theyre going to roll with its about china today i think its going to be about earnings coming up if you really look at where we are in the s p, the 3300 level is pivotal and if you look at earnings, if we fall short, the market will tank and thats a big word tank is a big word. Its a big worry when you say wheres the market going or where do i think its going, i think it will be legitimate to say a 7 t ....
It right here live. And we are looking for more market records today. The dow and s p and the nasdaq, all expected to make records. It was a year ago today that the market was in freefall. Remember that . It was about 6,000 points lower on the dow. That is very much not the case today. Varney company is about to begin. David and there is news overseas. We are watching hong kong this morning. Monthslong protests are flaring up once again. Riot police fired tear gas at protesters this morning. We are going to be monitoring this throughout the morning right here. But lets focus on some positive news at home. A brand new sales record, Super Saturday sales hit 34. 4 billion, the biggest single day of retail sales in u. S. History. The figures coming from Customer Growth partners. Joining us is retail watcher michael zacore. Ive got to think this is all about the economy. We have ....
We begin with a major announcement expected this morning in the impeachment investigation. House democrats are planning to unveil two articles of impeachment against President Trump including abuse of power and obstruction of congress. The Judiciary Committee could vote on the articles as early as this week. That could set up a vote on the house floor next week. If the house approves the articles, it would make the president the third president in history to be impeached. This comes a day after the partisan clash over the impeachment investigation. Laura podesta is here in new york. Laura, tell us what happened yesterday. So in a nutshell, the democrats, including Committee Chairman jerry nadler, said the president put himself before country, but republicans continue to maintain that when you read the transcrip ....