significant return on the federal investment federal investment in the program. i read somewhere it was a 16 to one rate of return based on federal investment compared to get out of the program. a 2017 study concluded cleaning up brownfield properties led to reasdention property value increase of up to 15% within a mile get out of the program. 2017 study concluded of these. another study found an estimated 29 to million in a single year after the cleanup which is two to seven times more than the $12.4 million the e.p.a. contributed to clean up for those brownfields. so property values go up. local tax revenues go up. communities are improved. and we create jobs with this very important program. . in my home state of oregon we have a very effective and active brownfield program. the old mill district in bend which is pictured here, this is the site of an old lumber mill, one of the sites. you see the mill was here and it was crumbling and we lost all those jobs it was transformed into this incredible place with great recreation in the river. we have movie theaters

he has served on the federal sincee order of governors 2012. the respect and admiration of his colleagues for his hard work, expertise, and judgment. he has proven to be a consensus builder for the sound financial policy he so strongly the leaves in. based on his record, i am confident he has the wisdom and leadership to guide our economy through any challenges that our great economy may face. he has earned the respect of members of congress, gone across party lines for each of his appointments. confirmed j with strong support from members of both parties. that's unusual. i hope the senate will swiftly confirm him once again. fedill also bring it to the a unique background of prior businesst service in experience. just like that, the longest-serving chairman in federal reserve history, he will bring extensive private sector experience and real-world perspective to our government. as a result, he understands what it takes for our economy to grow. just as importantly, he understands what drives american success, the innovation, hard work, and dre

the federal reserve is one of the most important institutions in our government. it is respect all around the world and is crucial to our economic prosperity. i am confident that with jay as a wise steward of the federal reserve, it will have the leadership it needs in the years to come. thank you, and god bless you all. now i would like to invite jay to say a few words. thank you. thank you very much. [applause] >> thank you very much, mr. president. for the faith that you have shown in me through the nomination. i'm both honored and humbled by the opportunity to serve our great country. if i am confirmed by the senate i will do everything within my power achieve stable prices and maximum employment. i want to thank my wife lissa, for her love, support, and wise counsel. without her i would not be standing here. we're thinking today of our three children and of the world they're inheriting. my five siblings and i are thinking today of our parents, who gave us so many gifts, including most of all a loving home. in the years since the global financial crisis ended

he sent on the main federal communication supply route. on the main federal communication supply route. they captured an immense amount of supplies. they made it clear they would roughfare gap if it became necessary. werestreet and his men marching toward this at any passing moment. jackson was quite well situated alsogust 27, but was beginning to lose offensive capabilities. he reinforced a defensive posture in the coming hours. proximity to washington dc meant that more reinforcements dissented from the federal capital quickly, and would comment any moment. jackson had done nothing to protect that retreat route to leave thoroughfare gap. in an orecome engaged g of plunder. drunk and all had been impaired, at least temporarily. can't march in a straight line after what they have captured at manassas junction. jackson was supposed to knockout the hundreds of heads of whiskey and wine and brandy. the soldiers drink it greedily from the ground. behold.o 27,he evening of august jackson had each of his positions marching toward the temporary p

it is not even housed at federal reserve. it gets funding from federal reserve. not accountable to voters. it does not answer to congress. who does it answer to? >> right now, pretty much nobody you know the case you saw the judge ruled on was absolutely correct. what is really awful about it is the democrats treated this agency like a private club, almost as a child. they don't want to share it. there is this cabal of really extreme democrats who even disagreeing with their own general counsel who says that mr. mulvaney is the director. the fact that they're persisting with this, and they're saying, republicans just can't can't get into our club is outrageous. liz: to make your point, it is an important one, general counsel, top lawyer for the cfpb, she is saying, mick mulvaney and trump administration is light. by the way, when have you ever heard a federal bureaucrat suing to declare himself or herself head after major u.s. agency? what is stopping anyone else in any other federal agency from suing to keep his or her job? this is the nightmare of bureaucracy,

next federal reserve chief. he has to go through the whole process before congress, before he is accepted to that post, but the president thanking janet yellen who is the current federal reserve chief, very similar in outlook, in fact, he reiterated, i don't know if you heard that, he specifically reiterated everything the past four federal reserve chiefs before him have always said. we look to ensure stable prices and maximum employment. we are very close to maximum employment right now. as we look at the markets and the reaction, there is almost no reaction, we did see 11-point gain on the dow jones industrials on top of what we have already seen. volatility is still very low for the vix. interesting to see the 10-year treasury yield remained steady with all of this. so it was widely telegraphed and expected certainly. no surprise, but we bring our guests back in one more time. ward mccarthy, former economist at richmond fed and -- i'm sorry, atlanta fed president dennis lockheart and charlie gasparino. dennis

strong,why we need sound and steady leadership at the united states federal reserve beard i have -- federal reserve. , it is soinated jay important, he will provide exactly that type of leadership. he is strong, committed and smart. confirmed by the senate, he will put his considerable talents and experience to work leading our nation's independent central bank, which has the critical responsibility to set monetary policy and monitor our banking system as a whole. there are few more important positions than this, believe me, in our government. jay has served on the federal reserve board of governors since 2012. during his five years at the fed, he has earned the respect and admiration of his colleagues for his hard work, expertise and judgment. he has proven to be a consensus builder for the sound monetary that he soal policy strongly believes in. based on his record, i am confident that he has the wisdom and leadership to guide our economy through any challenges that our great economy may face. he has earned the respect of members of congress straight across party lines. for each of his ap

forming into an accused salient punching to the federal lines. like rhodes's men they were unable to stem the tide. the generals had suffered casualties ascending the mountain. and while it wreak havoc separating the regiments of the lead brigade. those confederates would soon be making their way with alabamians, leaving their dead behind. georgians,nly stretching across the national pike, engaged in a tough fight with immense mincing to be renown as the iron brigade and placed atop the mountain as darkness fell. half a dozen miles away, the third and final drama of the south mountain fight was underway. on the morning of september 14, major general william franklin six core plotted their way towards crampton gap, sometimes referred to as the back door to harper's ferry. they set out in the morning at 6:00 a.m., but with a sense of caution, when not have his troops wrestling into attack formations until the early evening hours. it was unfortunate because they outnumbered the confederates assigned to defend 10 to one. despite the earlier warnings,

jay has served on the federal reserve board of governors since 2012. during his five years at the fed, he has earned the respect and admiration of his colleagues for his hard work, expertise and judgment. he has proven to be a consensus builder for the sound monetary and financial policy that he so strongly believes in. based on his record, i am confident that he has the wisdom and leadership to guide our economy through any challenges that our great economy may face. he has earned the respect of members of congress straight across party lines. for each of his appointments to the fed, the senate confirmed him with strong support from members of both parties. that is unusual. i hope the senate will swiftly the fed, the senate confirmed confirm him once again. he will bring to the fed a unique background of prior government service and business experience. he previously served as undersecretary at the department of treasury in the administration of president george h.w. bush, and just like william mcchesney martin, the longest serving chairman and federa

let's move to his time where he is in the federal government. the beginning of his career as a national leader of the federalist party. we are up to john marshall's early career in the federal government. he is a leading federalist. at the urging of george washington he is asked to run , for the u.s. house of representative's in 1798. he secures that seat. president john, adams names him secretary of state. so he is moving from a career in virginia to a central role in the early federal government. these artifacts tell that story. they tell it through the lens of one really important episode in his career. this is during the adams administration. he is called upon to become an envoy to france. it is amazing how much the politics are defined by the rivalry between great britain and france and where the united states and its as a former colony of great britain and former ally of france. george washington has to decide how he is going to address the conflicts happening between france and great britain. he declares neutrality. ay over to great brita

create a simpler federal aid form? >> yeah. our proposal is that for the majority of pell grant recipients who don't have significant assets and don't have schedules attached to their tax form, we could get almost all the information from the front of the tax form. >> without drawing you into the tax debate this week, the proposals move from 70% to 90% the number of americans who wouldn't itemize their deductions. i suppose that would simplify the process. dr. ruben, basically, you're suggesting, i believe others are, too, we separate out the pell grant and ask two or three questions. you identified what they were. that would be about 30 or 40% of the 20 million forms filled out now, right? >> i think that's right. if we had people figure out their pell grant earlier that might incentivize them to go through the rest of the process. >> those three questions were what? >> it basically started with what is in the fast act. what is your family income? what is your family size? i would ask about what your family structure

federalism. more than i'd ever before, states were realizing that they needed to take back control. this is not the complete solution but it is an element of virtue and when people begin to wake up and states have sued the federal government against obamacare, amnesty and almost unprecedented pushback at the state level and you have been talking about for several years and i really didn't pay much attention to this idea of article five until you come over and visit me in my last place of the claimant made a compelling case that the founders anticipated that we are today and gave us a mechanism to restrain the federal government and we call it the article five conventional states and the convention to propose amendments and would you talk about article five and maybe what your transition has been from maybe taking it one way and how you think about it today. >> couple of things. something interesting going on in the states. federalism. federalism is, as you know, the tenth amendment and the states

federal legislation. but the legislation also bolsters things at the state and local level. we know how to fight crime in the united states of america. we do it at the federal, state, local, civil level. we want to make sure that they all, all of these across the country at all different levels of jurisdiction, that they have the tools in their toolbox in order to lift up and hold up their state statutes and here at the federal level. we cannot have bad actors like backpage.com and others hiding behind a misinterpreted communications decency act for immunity. you know, certainly we do a lot in the foreign affairs committee which i am a member of on the international level to try and address these issues too. i just gave a speech last thursday at the united nations on this very, on this very issue. >> host: we've been talking with representative ann wagner, republican of missouri, about h.r. 1865, the fight online sex trafficking act. thank you for being with us. >> guest: my pleasure. thank you. >> host:

you gave to the federal government earlier, right? >> absolutely. that makes all the sense in the world. >> we do that here in the senate, that way we catch people. we require them to fill out the same information on three or four forms and a make a mistake and we accuse them of being a crook. that's the difficulty with the nominations process. did you want to say something else about verification? >> i'm good, thanks. >> mister drager, you mentioned that a simplified tax form would simplify the federal student aid process if say 90 percent of those who filled out the federal income taxes take any itemized deductions, would that create a simpler federal aid form? >> yeah, our proposal is for a majority of pell grants recipients who don't have significant assets and don't have people attached to their tax form, we could get all the information off the front of the tax form if we took over the indexeditems from the front . >>without drawing you into the tax debate this week , proposal would move from 70 percent to 90 percent the number

federal helium and the facility closed. this crucial source of helium has been relied upon for almost half a century. but in a few short years it will no longer be available. our country needs another way to access this critical natural resources otherwise we'll be hostile interests such as cal tar, algeria, and russia. each of these countries presents security and geopolitical challenges made even more apparent by recent unrest among qatar and regional areas. unless something changes foreign facilities are predicted to become our chief source of helium by the end of the decade. it this is why h.r. 3279 is such a necessary piece of legislation. by authorizing the bureau of land management to lease land for this valuable nonrenewable resource, this legislation will raise $9 million for the american taxpayer and help secure our supply of helium for years to come. i urge adoption of this measure and reserve the balance of my time. the speaker pro tempore: the gentleman from california, mr. cook, reserves his time. the gentlela

we should think seriously about the impact on drivers if the federal government incentivizes federal lanes, tolls that allow drivers to avoid the congestion, general purpose lanes. such schemes sometimes referred to as lexus lanes, allow those with disposable income to avoid congestion yet leave the great majority of drivers stuck in traffic. those with disposable income to avoid congestion and leave the majority of drivers stuck in traffic. just a few miles from here in virginia the 495 express lanes perhaps some members use them. these use congestion pricing with no price cap to ensure traffic flow remains at least 55 miles per hour in express lanes. no traffic reduction requirement exists for the general purpose lanes. most people use meaning any congestion benefits reside with those who can afford to pay more. in the same vein the public/private partnership contract discourages car pooling of all things that directly relieves congestion while hov vehicles are exempt from tolls if they exceed 24% of total vehicles virginia department of transportation has to subsidize the lost tol

reporter: the ruling means the administration cannot claw back federal money or pry fuse federal money to states that don't cooperate with immigration enforcement. california stands to lose millions in federal aid. >> are they going to restrict us from talking to if the fbi or dea? we should have unfettered access and communication when we are trying to keep our communities safe. reporter: or ric >> this judge is a politician. he's a bundler for obama, he made contributions before he was on the bench. reporter: saying the president cannot use defunding as a weapon. and he says it jeopardized tall federal money. the d.o.j. says that's not accurate. only police grant money is at risk. and they need to apply to receive it. lou: the fbi is offering a reward of $25,000 for what led to if the death of a border patrol agent and the serious injuries to the other. but federal officials aren't giving any specifics to the press about what happened to those agents. reporter: those who knew martinez best say he was an adoring father who dedicated his life to public service. >> all he wanted to do w

it is a first edition copy of the federal papers. marshall is a lawyer, he even argues a case for the supreme court during this time. he is elected to the virginia state legislature. but one of the most important projects at the time is that he is a delegate to the virginia ratifying convection. this is connected to the story that we tell in this news am of the framers forging the constitution through compromise and then sending it to the states for ratification. when we think of virginia, we think of the most important state in the union at the time. eight states have ratified the constitution. virginia, new york, and new hampshire where the most influential. the virginia story is an amazing one. it puts together some of the most important figures in early american politics. patrick henry, richard henry lee, george mason, were opposing the constitution. supporting it was james madison and john marshall. he gave influential speeches, including a defense of judicial independence. the importance of the judiciary within our institution.

the national wildlife federation federation. we are talking about preserving an ecosystem here in terms of this particular amendment and another thing i will point out senator franken and i have been talking about puerto rico and what can we do. the national bureau of economic research pointed out that for every .8 units of a grid that is run by renewables you need 1.0 per unit and i can explain that later fast acting liquefied natural gas or natural gas in case it goes down. now i won't go into the details. a lot of these resources or natural gas. again i'm only thinking of senator cantwell's amendment but if you want to preserve that ecosystem it creates the opportunity to replace coal with natural gas and enable renewables. we need that natural gas but by the way we also need the ecosystem and all i'm trying to do is the restoration of that ecosystem. >> madam chairman's much as i would like this to be a very long time i'm going to be short because i'd like to give discretion to our colleague senator wyden was offering his am

my pleasure and my honor to announce my nomination of jerome powell to be the next chairman of the federal reserve congratulations. to the news this u.s. president all trump has nominated general paul as the next chief of the federal reserve pollard publican will replace democrats janet yellen. and tassler stole still actually comically lace delivery of its new sedan and posts the largest. hello from berlin i'm funny for char and this is your business news general pollo who has been nominated as the next fed chief has generally supported the policies of janet yellen his predecessor and therefore is expected to remain cautious about raising interest rates too quickly. if trump had his way this man would head of the most influential central bank in the world jerome powell a former private equity executive has been sitting on the governing board of the federal reserve for years analysts expect him to hold on to the policies of his predecessor janet yellen that means he'll adopt a cautious approach to raising interest rates but the president's pick still has to be confirmed by the senate power

in the judiciary, the fbi or the federal reserve. it in an unprecedented way the president has made comments about the current fed chair as well as interest rates. the search for the fed chair too often seem like an episode of thee apprentice. i'm concerned about these direction of financial regulation under the current administration. while banks acrosser the board make record profits, once again paying executives big bonus, big bonuses, the administration makes unfounded claims in order to justify the roll back the reforms put in place after the crisis. the new vice chair for supervision at the fed does not seem to be inclined to support the current regulatory framework put in place by the fed since the crisis. he has troubling views on stress tests and more generally the role of watchdogs in the financial system. industry has an outsized influence. industry especially wall street has an outside influence on this administration. the individuals have put in, , e individuals that they put in charge as financial watchdogs are far too

you can leave that where it is for federalve-out federal government to enforce.g.'s federal law. peter: but that's not under that's not being considered. mr. szabo: in the senate. it is being considered in the house. a lot of legislation starts in andchamber or the other sometimes conflicting legislation but in this case it's not necessarily conflicting, but it's another alternative. what netchoice, what i personally want to see happen, possiblee get the best legislation that goes to the down these sex andfickers, sends them away gives victims the restitution they need. peter: the internet association describes section 230 as a bedrock legal protection for online services. do you agree with that? mr. szabo: we do. peter: why? mr. szabo: section 230 is designed to create platform immunity for content posted by others. a good analogy would be if i and madeo linkedin.com a defamatory statement about liabley, i could be held but linkedin would not and the reason that's so necessary is beause platforms would never in a position to manage, regulate all the content that's on there. what

it can't just come in from the federal government because people have a tendency of attacking the federal government but when they need cash, the federal government is their best friend so i want to make sure that everybody has skin in the game so i would ask you when you have conversations with the governor's office you go over that. >> chairman, may i take a minute to respond to that? >> you may. >> let me be clear about the state of texas. regardless of the issues that may take place inside texas from disagreements on your view or the governor's view or whatever -- >> oh, we're pretty much on the same view. >> no, but what i'm saying is that texas is a model and here's why. because they're owning their disaster recovery. they are owning the recovery housing mission and they're asking fema to support it. we've got to get all 50 states to start owning the recovery process. i don't know how to fix your state better than you do, okay? and my role should be one of a counselor of saying here's what you're entitled to and here's what you're going to need to achieve those goals. when it comes

roger federer, just too good today. the youngest qualifier for this event in nine years, saw off former us open champion marin cilic of croatia in three sets with a 6—4, 3—6, 6—4 win. the united states have won the fed cup for the first time in 17 years after beating belarus 3—2 in minsk on sunday. it all came down to the deciding doubles rubber in minsk, where shelby rogers and coco vandeweghe beat aryna sabalenka and aliaksandra sasnovich. belarus were without former world number one victoria azarenka, who had to miss the final due to an ongoing custody battle with her baby son's father. american, patton kizzire, has picked up his maiden pga tour title, winning the ohl classic in mexico by a shot. he held off the challenge of compatriot rickie fowler who had this putt at the last to force a playoff but it came up short. it allowed kizzire to take the win nine years after turning pro. and on the european tour, we have some news. branden grace has won the nedbank golf challenge in sun city by a single shot to become the

the federal government's responsible for the acts of god and the acts of the federal government, but it's not responsible for the acts of the puerto rico government. can you offer us some guidance on how we separate these two responsibilities? ms. jaresko: yes, sir. when we were charged initially with implementing promesa, we adopted a fiscal plan for 10 years that brought the commonwealth back to structural balance without any additional federal funning. that required on the part of puerto rico extraordinary measures. it required a right sizing of the government by 30%, cutting 30% of costs. it required over 10 years reducing health care costs by 30%. and we were on that path prior to this devastation. so i think if we look at the original fiscal plan, for example, the budget of this year that implemented that fiscal plan, you have that baseline. what it looked like and what it could have been prior to the hurricane. unfortunately, this devastation makes some of those measures today impossible, and it creates a situation where the uncertainty makes it hard for us to determine exactl

the power of independence of the federal reserve.et: your bedtime reading the last couple of months. tom: it has been. i got to jump to 10 and then went to the doctors-astros. early morning in asia. good afternoon, i should say, to bloomberg coast-to-coast worldwide and bloomberg television. apple earnings down after 4:00, front center with other issues of the day. we need to continue to dive into our economics. darkening the door of our stage-- scarlet: frightening the door! the door!ning tom: what have you learned with the craziness that is going on in washington? would bek the budget upset with that number. tom: 700? tax reform, have you seen this in your career? >> no. this has been a crazy day. of course taxes got bumped to today. we knew the fed was coming only this week today. we are grateful they did not happen at the same time, anything is possible. we had a best team of parties at bloomberg, parching every bit of atormation -- team of people bloomberg, parching every bit of information. michael: it makes a big difference. t

. >> next, the confirmation hearing for the presence federal nominee jerome powell. he took questions from members of the senate banking committee about his overall philosophy on monetary policy and the role of the fed chair. >> and the committee will come to order for the hearing. ] avel pound >> this morning we will consider the nomination for the chairman system.ederal reserve governor powell, welcome and congratulations on your nomination. i see friends and emily behind you and i welcome them here as well. governor powell has had an accomplished public and private career in financial services. he served as an assistant secretary and undersecretary secretary of the treasury under george h.w. bush, where he was responsible for policy on financial institutions and the treasury debt market among other areas. first-hand experience in investment banking and was a partner of the carlyle group before being appointed to serve on the board of governors and 2012. during his years of service and government and in the private sector, governor powell has proven he is qualified

federal treasury by collecting a federal pension during any period they were employed by the federal government or the d.c. government. just in case that happened. however, the former presidents' act became outdated with respect to the d.c. government after congress passed the home rule act of 1973 and it needs to be updated. the home rule act grant the district of columbia a locally elected government, under the home rule act d.c. local funds consisting of local taxes and fees are deposited in d.c. government accounts, not the u.s. treasury. also because of the home rule act, former presidents and widows of former presidents would not be double dipping by collecting both the federal pension and a salary. not from the d.c. government. because they are funded by what is now different governments. very grateful that the house . ssed this bill last year this is, of course, leftover business from more than 40 years ago, while the district of columbia struggles to become the 51st state. we appreciate that at least being recognized -- thank you for -- i thank my good friend for yielding me

today i'm releasing my third item of federal -- 100 ways the federal government has dropped the ball in this book is designed to be reminded that we still have an issue with debt and deficit in america. for some reason the conversation has slowed on the issue of debt and deficit. it should not. this should be an ongoing part of our conversation. starting in 2010 winter deficit was $1.4 trillion and at the deficit caught the nation's attention because it'd grown so incredibly large. since 2011 that deficit has gone down every single year until 2016. starting in 2016 the deficits started increasing again and it increased from 2016 to 2017. we have got to pay attention to the debt and deficit. needs to be part of our ongoing legislation. we uses resource as a set of ideas. if we are going to manage our economy and our spending better than there are specific ways to do it. their central things we need to be able to spend money on. transportation, national defense, disaster relief things that are essential for us to be able to do. to be able to afford to do the things they got to be alert

>> it's great when you have federal law enforcement step in and assist localities and ensuring that federal immigration laws are enforced. so when you look at that as an example, you know, that's an example of where there was cooperation and public safety is paramount to every mayor across this city. that's what we're looking for in our municipalities. >> tucker: but a sanctuary city by definition offers sanctuary to people here illegally. you'll have more people there that are not allowed to be here and why doesn't that help groups like ms-13? >> yeah, it's because that term "sanctuary city" means so many things to different people. i tell people all the time, this doesn't mean that we're hiding undocumented immigrants in the basements of city hall. it's interesting that when john kelly was heading homeland security and was asked by a police chief in san diego what the definitions of sanctuary city was, his response is who the hell knows. but what it means in the city of albany, we're going to do our job and we're going to expect the federal government to do their job. >> tucker: do you ha

it is not the federal government taking land, it is the federal government reclassifying land that was already in their possession. but over the past hundred years, yes, there have been lots of land swaps. if you're trying to consolidate a private part and there is private landholdings that got caught up in the designation of public land, there will be swaps sometimes when you swaps on federal land for that. one of the most interesting stories -- i heard a wonderful talk a couple months ago -- has this article about defense were, military research, and testing personnel locations -- how in the new deal, land got redesignated as military land. we have talked about manual -- national monuments in the antiquities act. president roosevelt once to designate plans for military land. his attorney general says he does not have executive authority. then he says oh you can do that. people talk to the attorney general and the attorney general says, you can do that. the designation of military lines is really interesting. there is changing status as to whether there is really much of an occasion o

i have to rely on federal .oordinating officers michael byrne is my federal coordinating officer. he is appointed by the president. so i have federal coordinating officers over every disaster that i stay in touch with, but i also reach out to the governor. every day that man goes to work, try and to do the best you can for puerto rico and i have great respect for the governor and what he is tried to do and were through. he is facing the most complex disaster of many of them. the communication is good. i set up every command on site and allow decisions to be made on site, rather than all the way ack here in d.c. decisions have to be made where the disaster is, not here. carper: i see people who have gone off to do great things and i say they had great credit -- they had the right parents. i want to ask one question for each of you. and then i'm done. the question is this. that folksne thing on our side of the aisle, those that we serve in the senate and house, one thing we need to be doing to enable you and your weends to do a better job in will start with mr. cavett. are you an ai

i am a big supporter of the federal reserve system and diversity. i think we make better decisions when we have diverse voices around the table. that is something we are very committed to at the federal reserve, but that the order of governors and the reserve banks. board oft the governors and the reserve banks. this is something people have been working on for decades. you begin to see what works. my view of what works is, a lot of private companies have been asked -- have been successful in advancing diversity. what seems to work as having a holistic plan to stick to overtime. it is about recruiting and bringing people in. once in, it is not given paths to success. it is about having a culture and company that is focused with adversity and sticks with that overtime. it is not something you can do overnight. you mentioned the reserve bank presidents, i assure you we always have -- sen. cortez masto: thank you for your comments. congressional republicans are set to pass a tax cut bill to years towards large corporation. at the same time, this commit

court. -- in federal court. justice thomas's decision was clear. both justice scalia and justice thomas, the interpretive principles interpreted by justice scalia are the bedrock of due process and the rule of law. justice thomas's opinions demonstrate both sprints bullseye missing in our current administered estate. those arerate that missing in our current administrative state. must enforce those statutory limits just agencies must provide due process. endorseust faithfully and enforce the constitutional structural protections. just as agencies over the public fair notice of rules, courts must interpret statutes in the constitution of the public must -- would understand them. due process, fair notice. that is what this is all about. [applause] justice scalia's tragic death put these issues front and center in the 2016 election. i cannot remember a presidential election attorney so critically on the role of judges. the president knew this, which is why he issued his list of candidates. he wanted the american pe

they signed off on the most important federal permit for the pipeline earlier this year. the nebraska public service commission was sort of the last big state regulatory hurdle standing in the way of construction. host: we read just recently about an oil spill in the neighboring state, south dakota. what happened there exactly and will it impact this process moving forward? guest: that's right. there was an oil spill last week, about 5000 barrels of oil from the original keystone pipeline. that is keystone one as some people call it. it's the original keystone pipeline going through the area. it's billed -- it spilled in south dakota. the public service commission went right ahead with its decision. some environmentalists and others have said that the commission should maybe hold off on a decision and look at this oil spill and see whether the new proposed pipeline could do the same. the psc made its decision. there is no real impacts other than renewed public pressure on regulators and trans canada to keep that from happening. host: you speak of public pressure. i was go

16th chairman of the federal reserve. good day. i am vonnie quinn. mark: and from the european headquarters in london, i am mark barton. we will bring you coverage of powell's confirmation hearing. first, some economic data ahead of the hearing. julie has the details from new york. julie: we are looking at consumer confidence measure for november, at 129.5, above the 124 estimated, also above the prior reading of 125.9. we continue to see a strong reading on this consumer confidence. sinceigure, the highest 2000, and it looks like the present conditions index up at ,51.1, the highest since 2001 expectation that a seven-month high. we continue to see strength on the measures. the conditions run stronger than the future expectation. of course, it seems at least one of the elements feeding into consumer confidence is the fact to continue to see stocks push higher. we are seeing the dow and s&p 500 at records again. the nasdaq not at that level but we have seen this remarkable run continuing for stocks. another way to measure that is the monthly performa

the federal expense was the environmental study required by the federal government. the rest of it is being paid for by the community. there's also areas, i talk about the lack of oversight. i gave you some small examples. the tax gap has also been an issue that was listed year after year after year as a high risk. there's $458 billion where the irs has done their own evaluation through the national research program trying to identify where they have gaps and whether collecting taxes. they've identified 450 billion but the not actually acting on it to collect the taxes that are owed. there's also do not pay and the do not use system. that's a system set up among multiple agencies to say this is either contractor or an incidenentity that should not be paid. this person is deceased so don't pay them a check related to whatever entitlement may have been due to them in life but not due to them and up. that's not being fully integrated among all the different agencies. that should be a common sense thing to do. let me show you where that shows up. in snap, the retailers t

served as vice chair, then as chair of the federal reserve board. her distinguished service covered the most tumull chews period since the great depression. many books have already been written about this period and certainly many more will be written from different points of view and differing assessments. the financial system and the economy have stabilized. we are no longer debating how to reconstitute them. but rather how they might work even better. this hearing will review the development since the crisis and especially since dr. yellen became it fed due to maximum employment and price stability. by the standard measure of unemployment which is 4.1% at last reading and by the standard measure of inflation which most recently stood at 1.6%. both the first and second goals have been achieved. although the standard of metrics are very good, all is not well in our economy. economic growth has been slow to the point that some economists have devised we try to lower our expectation for future growth by about 1/3 from the average post war growth rate

energy regulatory commission, and also reducing federal duplication. hydropower is a reliable and emissions free source of electricity that accounts for much of the nation's total renewable electricity generation. but in fact only 3% of existing dams in the united states produce hydroelectricity. this illustrates the vast opportunity in this country for new hydropower generation. in the water power and ocean subcommittee of natural resources, which i chair, we have spent much of this congress crafting and advancing legislation to capitalize on these opportunities. legislation such as my bill, the bureau of reclamation pump storage hydropower act, is intended to promote pumped storage hydropower development t existing reclamation facilities. mrs. mcmorris rodgers bill in frovent us goes hand in hand to these efforts. even our friends across the aisle agree with our facilities. mrs. mcmorris rodgers bill in e at a may oversight hearing in my subcommittee on the challenges facing hydropower, committee democrats helpfully suggested we should find ways to r

the doctor is currently in a federal lock-up after allegedly threatening federal agents in an unrelated case. back at advanced urgent care, an office manager declined to comment on business, and quickly saw me to the door. federal agents made clear the practice is allowed to reopen. they say theirs is on-going investigation. and if we know the place is back up and running, it's a safe bet the feds are keeping an eye on things as well. as for patients caught up in the drama, well, sean harper's brother is treated here. >> the idea of the place being raided. >> oh, it's not good. it's not good at all. i'm saying so i guess i'm going to let him know. >> reporter: two thing can be safely said about the vast majority of federal law enforcement investigations. they are meticulous and they are lengthy. any criminal charge that is might stem from last week's raid could be months away. iain. >> all right, bruce, thank you. >>> now let's get back to your weather as we take live look at the ben franklin parkway. kind of a crisp nice fall day out there. >> yeah. so the question is what's in store o

at the federal level. disaster response efforts spanned a number of agencies, which ultimately issued more than 30 waivers to help deal with fuel supply issues. spectacular importance was -- providing assistance to affected areas. these waivers were the difference between getting fuel to our customers and reasonably affordable and timely manner and not being able to supply customers with the fuel they needed. in response to state petitions, federal agencies eased restrictions on the type of product retailers could sell. for example, epa temporarily waived certain reformulated gasoline requirements under the clean air act. despite the major disruptions, the fuel distribution system after the hurricanes, the impact on consumers and the economy was still less than what occurred with hurricanes katrina and rita in 2005. that's because the government worked with the private sector to respond appropriately. there are still important lessons to be learned, however. there's no good coordinating effort to make sure

they're already in violation of federal law.o state and local municipality can determine what laws they want to obey. that's not our system. >> brad, the constitution and these judges and all of them are finding other ways that you need something more to detain somebody. look, the federal government -- >> there is probable cause to believe, that's the standard. >> julie: probable cause is having a criminal record and somebody who has been arrested five times and has committed murder these people who committed one crime should be out. no three strikes. there are so many people who have actually had been allowed back onto city streets. most of these criminals are repeat offenders. that's a fact. so that is something that obviously is not working. president trump had promised to build a wall. that's not happening any time soon. and now these criminals now have a safe haven. i'm not saying everybody in illegal should be kicked out but the criminals shouldn't have a safe haven. that makes no sense. >> depends if what you are saying a