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Concerns over Marijuana Companies and banking. This is just under three hours. The committee will come to order without objection the clair is authorized to declare a recess of the committee at any time. All members have five legislative days within which to submit materials to the chair. This hearing is for the purpose of receiving the second of treasurys annual report on the Financial Stability of oversight counsel. Now recognize myself for 3 1 2 minutes to give an Opening Statement. Mr. Secretary this is your first appearance before the house. After the tax cuts and jobs act has been signed...

Secretary of the treasurys oversight. Mr. Secretary this is your first appearance before the house after the tax cut and jobs act has been signed into law. On behalf of the majority we are grateful to you and the president for your leadership and to help make this act signed into law that is historic. After eight years of failed policy that led to the slowest and weakest recovery the economy is starting to take off and wages are growing. Consumer optimism abounds. Its ironic but predictable that equity markets would swoon over the prospects of highest Interest Rates and inflation associated wi...

Training to have medicaid expansion. We did this in Public Housing when i was mayor of charlotte which was effective and we want to know if there is any more flexibility or is that the line drawn in that area. I want to congratulate you on you reaching out for us and the honest dialogue. Sylvia in terms of the benchmarks, that is something we will get back to you and your team directly on. With regard to the question of work and how we think about that particular issue with regard to health, in terms of one of the things that is an important thing that both sides agree on that was an important...

The government trying to prevent a collapse of the countrys markets which lost nearly 30 since june. The news helping to spark a rally today. A gain of more than 3 in shanghai and shenzhen we have seen the imagine higher by nearly 5 . Keep in mind you go down 30 you have to go up a lot more than that in order to recover. Heres the greek stock exchange. Market there open for a second straight day after its five week closure. Down by only 1 today after the big pummeling it took yesterday after reopening and the u. S. Futures at this hour suggest that were going to have slightly negative open. Th...

Then hold on to our Massive Gains today . Howdy the dow end uproaring 619 points, s p pulled more than 3. 9 , largest gain since 2011, and nasdaq rocket 4. 25 . Where were all those sellers . Where did they go . Did they fin Senate Judiciary committee had they left the building for good . For starters lets speak to the whole random nature whats going on in this stock market these days. Of course were trading in lock step with the s p futures at the open. They rallied hard from the getgo today. After falling some 10 for the year, then they tipped big time in the middle of the day. Oh, it looks ...