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Feb 5, 2025
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lutnick: i think you gave the department of commerce the tools to bring domestic semiconductor manufacturing home. they needed that jumpstart and you created that jumpstart. so i believe it was necessary and important. and you're going to see this department of commerce bring domestic manufacturing of semiconductorrers and we're going to drive after that supply chain to the united states of america, drive it here. we are too reliant on taiwan. we need to have more national security and for our business, we need to have production anywhere. >> i agree with that. we're talking about deepseek. other types of concerns that we face beyond just when it comes to semiconductor manufacturing, iowa a.i. and other types. this a 2.0 that we can build upon with chips and science, have that coalition stay together? maybe not necessarily
lutnick: i think you gave the department of commerce the tools to bring domestic semiconductor manufacturing home. they needed that jumpstart and you created that jumpstart. so i believe it was necessary and important. and you're going to see this department of commerce bring domestic manufacturing of semiconductorrers and we're going to drive after that supply chain to the united states of america, drive it here. we are too reliant on taiwan. we need to have more national security and for our...
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Feb 5, 2025
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the commerce department has a great ethics department. i have already met with them and i plan to stay in close contact with them and avoid all conflicts so i can just serve america. chair cruz: thank you for that. let's move to one of the important responsibilities you will have a secretary of commerce. the national telecommunications and information administration is the lead agency for managing federal government spectra, including critical mid band spectrum. -- geordie leader thune, senator blackburn and i have worked closely on a bill that would requirentia to defy identify federal spectrum freeing up some of that for commercial uses. to dominate in next-generation wireless technologies, 5g and six g, to stay ahead of our adversaries and to advance strong economic growth, of the u.s. must create a pipeline to expand commercial access to mid band spectrum. will you commit to working closely with myself, other members of the committee on solutions that will expand commercial sector access to this key spectrum while at the same time pro
the commerce department has a great ethics department. i have already met with them and i plan to stay in close contact with them and avoid all conflicts so i can just serve america. chair cruz: thank you for that. let's move to one of the important responsibilities you will have a secretary of commerce. the national telecommunications and information administration is the lead agency for managing federal government spectra, including critical mid band spectrum. -- geordie leader thune, senator...
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Feb 5, 2025
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lutnick: you gave the department of commerce the tools to bring domestic semiconductor manufacturing home. i think it needed that jump start and in a bipartisan way you created the jumpstart. i believe that was necessary and important. you will see this department of commerce bring domestic manufacturing of semiconductors and then drive after that in the supply chain to the united states of america, drive it here. we are too reliant on taiwan. we need to have, for national security, and our business, the production here. sen. kim: i agree. i certainly want to see the manufacturing back. senator budd and others were talking about deepseek, their concerns we face, not just with semiconductor manufacturing, ai, and other technologies. what i'm trying to think through, as a member of this committee and elsewhere, is there a two point know that we can build upon with chips and science to have a coalition stay together? maybe not necessarily specific on chips anymore. but on a different death -- different element of critical manufacturing or technology and innovation is that something you w
lutnick: you gave the department of commerce the tools to bring domestic semiconductor manufacturing home. i think it needed that jump start and in a bipartisan way you created the jumpstart. i believe that was necessary and important. you will see this department of commerce bring domestic manufacturing of semiconductors and then drive after that in the supply chain to the united states of america, drive it here. we are too reliant on taiwan. we need to have, for national security, and our...
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Feb 4, 2025
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with the commerce department with the process, mr beginning the process, mr lightening the fund lighteningiei$ie which 777 77775iiii£f$ie with}; 77 sale of tiktok which is currently operating in the us due to any tension signed by trump along donald trump along the deadline for a for sale or shutdown far a for sale or shetdawnrr ~ ~ .,, ~ ~~ donald trump is 77fe7wd7e7tails7 7 few deta|lsand 777fe77w77d77e7tails77ah7d it77 7 77 few details and it was offered few details and it was �*such a offered few details and it was �* such a wealth unclear such a wealth fund would work. he has previously said it could be in 7 tariffs, such rely o7n a rely on a �*s f�*jfi�*d? f§l¥ fifil if “eh“??? 777 77777 7 surplus {eeee fee? ee e “he“??? 777 77777 7 surplus to {eeee fele ee e teeeffe7e7 777 77777 7 surplus to make budget surplus to make investment to generate returns, the us operates at a but the us operates at a deficit, creation also deficit, its creation also likely require approval would likely require approval congress. created it = 777- ce m pla7ce us alongside other countries that several other c
with the commerce department with the process, mr beginning the process, mr lightening the fund lighteningiei$ie which 777 77775iiii£f$ie with}; 77 sale of tiktok which is currently operating in the us due to any tension signed by trump along donald trump along the deadline for a for sale or shutdown far a for sale or shetdawnrr ~ ~ .,, ~ ~~ donald trump is 77fe7wd7e7tails7 7 few deta|lsand 777fe77w77d77e7tails77ah7d it77 7 77 few details and it was offered few details and it was �*such a...
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Feb 4, 2025
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that charges treasury secretary scott bessent and howard lutnick, trump's nominee, to lead the commerce department, which is currently industries 7 technologies 7 future. and technologies of the future. this of the us this announcement of the us sovereign wealth fund is news news that is heats that is iiikeiit; fantastic news that is likely to greatly accelerate us economic growth shore us economic grdwtbabta'sbors up us security economic grthbano'sbors up us security a economic grthbano'sbore up us security a time national security at a time when we are coming under iglcgeasing from when we are coming under insceasing from china. increasing threat from china. to answer your question, what is a sovereign wealth fund? it is a sovereign wealth fund? it is a sovereign wealth fund? it is a on the us government is a on which the us government would take equity stakes, it would take equity stakes, it would be acting as a giant venture capitalfirm, taking venture capital firm, taking equity in venture equity sta keslinjoint mental re are being equity sta keslinjoint mental re the |re being equity sta kes
that charges treasury secretary scott bessent and howard lutnick, trump's nominee, to lead the commerce department, which is currently industries 7 technologies 7 future. and technologies of the future. this of the us this announcement of the us sovereign wealth fund is news news that is heats that is iiikeiit; fantastic news that is likely to greatly accelerate us economic growth shore us economic grdwtbabta'sbors up us security economic grthbano'sbors up us security a economic grthbano'sbore...
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Feb 4, 2025
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the treasury and commerce departments will now have 90 days to come up with a plan on how to create theon in oil rich countries like saudi arabia. >>> and a win for the philadelphia eagles could be a win for your pet this weekend, too. national online pet retailer chewy is giving away thousands of treats for birds, dogs, and cats for free if the eagles beat the chiefs. now, if that happens the company will release a promo code that can then be redeemed for select treats on their website. that's your cbs "moneywatch" report for this tuesday morning. i'm shanelle kaul, cbs news, new york. >>> up next the dunkings are back. ben affleck returns with friends for a new super bowl ad. we'll have a sneak peek. the du back. i lowered my a1c, cv risk, and lost some weight. in studies, the majority of people reached an a1c under 7 and maintained it. i'm under 7. ozempic® lowers the risk of major cardiovascular events such as stroke, heart attack, or death in adults also with known heart disease. i'm lowering my risk. and adults lost up to 14 pounds. i lost some weight. ozempic® isn't for type 1 di
the treasury and commerce departments will now have 90 days to come up with a plan on how to create theon in oil rich countries like saudi arabia. >>> and a win for the philadelphia eagles could be a win for your pet this weekend, too. national online pet retailer chewy is giving away thousands of treats for birds, dogs, and cats for free if the eagles beat the chiefs. now, if that happens the company will release a promo code that can then be redeemed for select treats on their...
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Feb 4, 2025
02/25
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treasury and howard money, secretary and howard money, jumps nominee to lead the commerce with commerce departmentund could ev: the sale of tiktok, facilitate the sale of tiktok, which is operating in which is currently operating in the us and due an the deanaa�*uatfi an aatanaifin trump, belonging the heaneeuetfi an eatenaifin trump, belonging the by trump, belonging the for a bytrump, belonging the for a forced sale or deadline for a forced sale or trump has few and it how details and it was unclear how such wealth fund work. it is such a wealth fund work. it is said it could previously said it could be funded in by tariffs. funded in part by tariffs. typically such funds rely on a to enerate returns subclass to generate returns. the us operates at a for the us operates at a deficit. it's creation would deficit, it's creation would likely require also likely require approval from congress. it created, it would place the alongside woutd place'the' us'alongside other that woutd place'the' us'alongside a other that woutd place'the' us'alongside a sovereign that woutd place'the' us'alongside a sovereign
treasury and howard money, secretary and howard money, jumps nominee to lead the commerce with commerce departmentund could ev: the sale of tiktok, facilitate the sale of tiktok, which is operating in which is currently operating in the us and due an the deanaa�*uatfi an aatanaifin trump, belonging the heaneeuetfi an eatenaifin trump, belonging the by trump, belonging the for a bytrump, belonging the for a forced sale or deadline for a forced sale or trump has few and it how details and...
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Feb 7, 2025
02/25
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i don't falls largely on department of commerce for the enforcement but one of the question that wille help our companies that no chinese products are being dumped on them and killing the market to have a better response and what pressure can you put while agreements are going on with the department of commerce trying to be able to prosecute those, how do you put additional pressure to make sure it stops.ps >>. >> is a great topic of conversation. as many on this committee no, dealing with unfair imports from china is what i do one thing the president directed he directed the commerce department to look at the dumping and see if they can be improved to better serve the american workers. if confirmed i would be committed to look at other unfair trade practices to see if we need paralleled actions going on at the same time to make sure we resolve every aspect of the problem. >> there's also been conversation late this week dealing with packages coming in from china and how those are going to be handled. there was a pilot agreement established in 2019 to see if we could manage some of th
i don't falls largely on department of commerce for the enforcement but one of the question that wille help our companies that no chinese products are being dumped on them and killing the market to have a better response and what pressure can you put while agreements are going on with the department of commerce trying to be able to prosecute those, how do you put additional pressure to make sure it stops.ps >>. >> is a great topic of conversation. as many on this committee no,...
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Feb 7, 2025
02/25
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and kept by the biden administration, as i think you know are managed and operated by the department of commerce. and so to the extent i'm working with the sec. if he's confirmed, i'm happy to talk about this. i think it's important that the administration, congress department see feedback and i've course unhappy to have feedback on some of these more sensitive areas. we have to have a steel and aluminum industry, we simply have to, and it does require protection. but to the extent there are concerns about the program, we certainly need to hear from you and your constituents. >> china is a really bad actor, grotesque levels of the steel industry, is a problem that has to be dealt with. all i'm asking is your commitment to be working very closely with us, to answer our phone calls when we got a real problem that needs to be highlighted. again, there's multiple uses for tariffs. scott bessent talked about that. to force trading partners to be fair with us, to achieve other goals. trump has certainly used that in his first term to secure the border when mexico wasn't cooperating with remain in mexi
and kept by the biden administration, as i think you know are managed and operated by the department of commerce. and so to the extent i'm working with the sec. if he's confirmed, i'm happy to talk about this. i think it's important that the administration, congress department see feedback and i've course unhappy to have feedback on some of these more sensitive areas. we have to have a steel and aluminum industry, we simply have to, and it does require protection. but to the extent there are...
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Feb 3, 2025
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going out and trying to lobby other governments to stop using huawei export controls by the commerce department and so it really was an administration wide sort of scrutiny of this company that included this sanctions violation issue. so is any would this any chance after this occurred and you know, it had the hostage diplomacy. meng goes back to china. she's welcomed as a hero to microsoft release. they go back to canada after all this happened, it's why are we ever going to be able to disassociate itself from the chinese government or is it fairly clear now that the chinese government is going to do what it takes to protect huawei and, you know, does that matter for it moving internationally? i think i think it's going to be harder than it's ever been from for huawei to sort of dissociate itself from china's government in the next few years in that the environment has become only one of more and more distrust of each other's technologies between the united states and china. and we're the line move even further in the direction of distrust and scrutiny like that. currently, the issue being tic
going out and trying to lobby other governments to stop using huawei export controls by the commerce department and so it really was an administration wide sort of scrutiny of this company that included this sanctions violation issue. so is any would this any chance after this occurred and you know, it had the hostage diplomacy. meng goes back to china. she's welcomed as a hero to microsoft release. they go back to canada after all this happened, it's why are we ever going to be able to...
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Feb 8, 2025
02/25
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paul: president trump this week signed executive order directing the treasury and commerce departmentsealth fund for america with the gold generate more revenue for the federal government. the federal government flow to the plan on the campaign trail saying it could fund everything from highways and airports to manufacturing hubs and medical research. as a government owned investment fund a good idea? let's ask douglas he's a present of the american action form and form former director of the congressional budget office. so welcome. let's first are some definitions here for people who do not really know what a sovereign wealth fund is. other countries have them. how did it get its money? >> sovereign wealth fund is simply a big investment fund puts a pool of money that is available for the government. in this case the executive branch of the united states to spend and presumably to spend on profitable investments that will yield where returns to the taxpayers. i think there are two big problems with the u.s. having sovereign wealth fund. number one is the uses of that money. if you lis
paul: president trump this week signed executive order directing the treasury and commerce departmentsealth fund for america with the gold generate more revenue for the federal government. the federal government flow to the plan on the campaign trail saying it could fund everything from highways and airports to manufacturing hubs and medical research. as a government owned investment fund a good idea? let's ask douglas he's a present of the american action form and form former director of the...
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Feb 7, 2025
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ago, when gingrich was speaker and clinton was president, they tried to do away with the department of commerce and the department of education. so, this is not the first time. i have family members, many who are educators, and they all agree the federal department of education needs to go. and return it back to the states and the localities. now, it started out as a small division under health and human services or what used to be health education and welfare before they split it up. so, that is what i would do. now that, that is just one agency. but when you have 15, count them, 15 cabinet positions, each one of them must have, must have numerous, numerous agencies that are being funded by congress. when was the last time, when was the last time they cut a budget that did not dissolve or just move an agency into another department, or just rename it? when was the last time our, our senators and representatives, both chambers, have they done that? for them to say -- they are all screaming about elon musk being an unelected bureaucrat. how many of them -- that is what the chevron decision in th
ago, when gingrich was speaker and clinton was president, they tried to do away with the department of commerce and the department of education. so, this is not the first time. i have family members, many who are educators, and they all agree the federal department of education needs to go. and return it back to the states and the localities. now, it started out as a small division under health and human services or what used to be health education and welfare before they split it up. so, that...
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Feb 2, 2025
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so, the united states commerce department would not even allow me to file a complaint. i brought that issue here. and thanks to the good work and at the time i think it was chairman nelson and chairman wicker, we were unable -- we were able to unwind that and after six years panama returned the land to my family. sen. sheehy: there -- chair cruz: very instructive. senator ron -- senator young. sen. young: thank you for being here. the panama canal underpins our current economic strength and national security. when 40% of u.s. bound container traffic depends on a single waterway we cannot afford unilateral toll hikes that choke out of -- competition and leave smaller carriers or midwestern exporters on the hook. for instance in indiana, manufacturing firms and farmers rely on consistent, recently priced shipping routes to move heavy machinery, auto parts and agricultural products. if the canal authority's auction system prices them out the ripple effects in american jobs and supply chains could be devastating. chairman, given the enormous state in canal operations, do yo
so, the united states commerce department would not even allow me to file a complaint. i brought that issue here. and thanks to the good work and at the time i think it was chairman nelson and chairman wicker, we were unable -- we were able to unwind that and after six years panama returned the land to my family. sen. sheehy: there -- chair cruz: very instructive. senator ron -- senator young. sen. young: thank you for being here. the panama canal underpins our current economic strength and...
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Feb 3, 2025
02/25
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treasury and commerce department to create the first national sovereign wealth fund. says this fund could be used to purchase a social media platform, tiktok. the fund would be a government owned and administered investment fund. the trump administration says it will aim to monetize the asset side of the u.s. balance sheet. on the campaign trail, he spoke about establishing this fund and said money could be raised through tariffs as well. >> new research suggests that vacations are good for you. a study out of the university of georgia finds that breaks from your daily routine are critical to your well-being. it looked at more than two dozen other studies conducted in nine countries, and found that time off is best when you completely disconnect from work and when physical activity is part of the agenda. the study also found it's best to schedule some buffer days before and after the time to get ready to go, and then sort of readjust to everyday life. >> multitasking has become a regular part of daily life for many people, and now one company says it's developed an ap
treasury and commerce department to create the first national sovereign wealth fund. says this fund could be used to purchase a social media platform, tiktok. the fund would be a government owned and administered investment fund. the trump administration says it will aim to monetize the asset side of the u.s. balance sheet. on the campaign trail, he spoke about establishing this fund and said money could be raised through tariffs as well. >> new research suggests that vacations are good...
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Feb 1, 2025
02/25
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. >> of philadelphia, philadelphia parks and recreation, philadelphia commerce department, delaware valleyligence center, free library of philadelphia. >> we will continue to update you with any new developments. now back to politics. we're following breaking news this afternoon. as promised, the trump administration has signed three separate executive orders this evening, enacting tariffs on canada, mexico and china. they include 25% tariffs on imports from mexico and canada, excluding canadian energy products from there, and which will be tariffed at 10%. chinese imports will face a 10% tariff. the orders also include a retaliation clause promising further action if those countries respond with tariffs on their own. meantime, it's been a busy week on capitol hill as several of trump's most controversial cabinet nominees appeared before the senate for their confirmation hearings. so far, the new administration has faced little resistance from republicans on his staffing pick. however, selections like kash patel for the head of the fbi, robert f kennedy jr for health secretary, and tulsi g
. >> of philadelphia, philadelphia parks and recreation, philadelphia commerce department, delaware valleyligence center, free library of philadelphia. >> we will continue to update you with any new developments. now back to politics. we're following breaking news this afternoon. as promised, the trump administration has signed three separate executive orders this evening, enacting tariffs on canada, mexico and china. they include 25% tariffs on imports from mexico and canada,...
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Feb 1, 2025
02/25
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department of public; 111 department of philadelphia department of aviation, the school district philadelphia, philadelphia and recreation, philadelphia commercertment of z: the fbi, w the fbi, the transportation, the fbi, the bureau of alcohol tobacco firearms and explosives, the federal aviation american cross, the army bed trees the salsationle'rme” ”f" the gee trees the salsatienle'rme” ”f" the fraternal order of and the fraternal order of police. as you can see from this very long list is this very long list there is for this .w 71177711177 investigation. 1! will turn it �* to hicks for a few wwwwww wwtow wwaboth wtow wwaboththew minutes to talk about the flight and then i will return talk about the itself. just a little bit about the flight _ just a little bit about the flight itself. the flight florida yesterday w— -ww w about 12pm. w afternoon about 12pm. the aircraft _ afternoon about 12pm. the aircraft arrived at northeast l w to philadelphia airport around to 15 pm — philadelphia airport around to 15 pm it _ philadelphia airport around to 15 pm. it was on the for l5 pm. it was on the ground for e few_ l5 pm. it was on the ground for
department of public; 111 department of philadelphia department of aviation, the school district philadelphia, philadelphia and recreation, philadelphia commercertment of z: the fbi, w the fbi, the transportation, the fbi, the bureau of alcohol tobacco firearms and explosives, the federal aviation american cross, the army bed trees the salsationle'rme” ”f" the gee trees the salsatienle'rme” ”f" the fraternal order of and the fraternal order of police. as you can see from this...
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Feb 7, 2025
02/25
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ago, when gingrich was speaker and clinton was president, they tried to do away with the department of commercend the department of education. so, this is not the first time. i have family members, many who are educators, and they all agree the federal department of education needs to go. and return it back to the states and the localities. now, it started out as a small division under health and human services or what used to be health education and welfare before they split it up. so, that is what i would do. now that, that is just one agency. but when you have 15, count them, 15 cabinet positions, each one of them must have, must have numerous, numerous agencies that are being funded by congress. when was the last time, when was the last time they cut a budget that did not dissolve or just move an agency into another department, or just rename it? when was the last time our, our senators and representatives, both chambers, have they done that? for them to say -- they are all screaming about elon musk being an unelected bureaucrat. how many of them -- that is what the chevron decision in the
ago, when gingrich was speaker and clinton was president, they tried to do away with the department of commercend the department of education. so, this is not the first time. i have family members, many who are educators, and they all agree the federal department of education needs to go. and return it back to the states and the localities. now, it started out as a small division under health and human services or what used to be health education and welfare before they split it up. so, that is...
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Feb 3, 2025
02/25
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trump signed an executive order calling on his treasury and commerce departments to take the lead here in setting up a sovereign wealth fund. and scott besson is in the oval office as well, telling reporters it should be stood up within 12 months. this was something we heard from trump about on the campaign trail, saying there was interest in it. president biden, by the way, was interested in this as well. and on the tiktok front, he said that that sovereign wealth fund could potentially be used to make some sort of a deal with tiktok, potentially using some of that money to purchase half of tiktok, as he's talking about, has he's been talking about wanting to find a buyer for that half of tiktok. and then finally, guys, just a couple of headlines as well about elon musk and all of the news that's been going on today with relating to him and usaid and the treasury department's payment system. trump, responding to questions here, saying that musk is doing things only when we give him approval, saying that musk has access only to letting people go if we need to, and saying we won't let e
trump signed an executive order calling on his treasury and commerce departments to take the lead here in setting up a sovereign wealth fund. and scott besson is in the oval office as well, telling reporters it should be stood up within 12 months. this was something we heard from trump about on the campaign trail, saying there was interest in it. president biden, by the way, was interested in this as well. and on the tiktok front, he said that that sovereign wealth fund could potentially be...
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Feb 1, 2025
02/25
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-- commerce department runs an icy potential for collaboration with sba. i support working across the administration to ensure resources are utilized and we don't have overlap in our programs and they are serving americans who need those services the most. sen. cantwell: thank you. will you work with me to ensure the department of agriculture needs the same small business set-aside challenge that dod has so successfully done but in this case the department of agriculture giving small mills the access they need. will you work with me to make sure those important sba issues are addressed at the department of agriculture? ms. loeffler: i appreciate our conversation about your timber business. i think if confirmed, i would look forward to working with secretary rawlins to ensure we have a collaborative relationship. i understand there was previously an mou with the department of agriculture and i hope we can collaborate to help small businesses as well. sen. cantwell: thank you. let's just carry that on. one of the reasons we want t
-- commerce department runs an icy potential for collaboration with sba. i support working across the administration to ensure resources are utilized and we don't have overlap in our programs and they are serving americans who need those services the most. sen. cantwell: thank you. will you work with me to ensure the department of agriculture needs the same small business set-aside challenge that dod has so successfully done but in this case the department of agriculture giving small mills the...
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Feb 3, 2025
02/25
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>> according to the commerce department. that can take well over two years, a decision whether or not we're going to build or not. and particularly when we've had the conversation and you dovetail certain policy and we're not getting spectrum quickly and how fast do we permit on the permitting side to build networks further out and the time is considerable and hurts our ability to guild out facilities as fast as we want to. any steps to allow us to do that more quickly with more certainly and transparency can be a game changer to amplify how quickly you do it on spectrum. >> thank you, i'll yield back, mr. chairman. >> thank you for yielding back. i now recognize the representative from california, mr. peters, for five minutes of questioning. >> and thank you, mr. chairman, the first time i've been on this committee, one of the benefits of seniority besides creaky knees, and choosing. and one of the main pillars of our economy in san diego, to think i think are directly implicated here, and our military presence. in san dieg
>> according to the commerce department. that can take well over two years, a decision whether or not we're going to build or not. and particularly when we've had the conversation and you dovetail certain policy and we're not getting spectrum quickly and how fast do we permit on the permitting side to build networks further out and the time is considerable and hurts our ability to guild out facilities as fast as we want to. any steps to allow us to do that more quickly with more certainly...
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Feb 5, 2025
02/25
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howard lutnick, the cantor fitzgerald bank chief who trump tapped to head the commerce department made a nearly $3 million in kind donation of stock on october 21 to a pro-trump super pac, maga, inc., according to to the organization's filings thursday night. that is on top of the $6 million that lutnick previously donated to the super pac over the course of the election cycle. other trump supporters who landed spots in his administration also donated to maga, inc. 24e include linda mcmahon, tapped to serve as education secretary. she donated more than $20 million to the trump aligned surm pac this cycle. they also serve as cochairs of trump's transition operation. other trump picks who have made seven-figure donations to maga, inc. include former georgia senator kelly loeffler, his choice to lead the small business administration, scott bessent who trump selected as treasury selected and two of his choices for plum diplomatic posts in europe -- arkansas investor warren stevens and charles kushner, the bessent. daughter-in-law. if you made a fortune because you had a great idea and bui
howard lutnick, the cantor fitzgerald bank chief who trump tapped to head the commerce department made a nearly $3 million in kind donation of stock on october 21 to a pro-trump super pac, maga, inc., according to to the organization's filings thursday night. that is on top of the $6 million that lutnick previously donated to the super pac over the course of the election cycle. other trump supporters who landed spots in his administration also donated to maga, inc. 24e include linda mcmahon,...
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Feb 2, 2025
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the department of commerce did an analysis of that shortage which prevented carmakers from finishing r automobiles, and the department of commerce found that that shortage during the supply chain crisis of covid shaved 1% off the u.s. economy. so our economy is 1% smaller than it would've been if that ship shortage had not been the case. if china was to invade taiwan, that would lead to massive disruption in the global chip supply chain. we are talking far, far worse than the shortage that we experienced during covid. this will begin economic catastrophe that very few people in the u.s. can even remember. it would be an economic apocalypse analogous, the closest analogous would be the arab oil embargo in this reasons to think it could be considerably worse than that. and of course taiwan, they are the most fans to chip maker which means they are the supplier of all the most advanced ai chips. that is something that china would love to get his hands on. there's a reason why they are building a fleet amphibious assault ships and it is to prepare to retake taiwan. there's a reason why ch
the department of commerce did an analysis of that shortage which prevented carmakers from finishing r automobiles, and the department of commerce found that that shortage during the supply chain crisis of covid shaved 1% off the u.s. economy. so our economy is 1% smaller than it would've been if that ship shortage had not been the case. if china was to invade taiwan, that would lead to massive disruption in the global chip supply chain. we are talking far, far worse than the shortage that we...
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Feb 2, 2025
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the department of commerce did an analysis of that shortage which prevented carmakers from finishing r automobiles, and the department of commerce found that that shortage during the supply chain crisis of covid shaved 1% off the u.s. economy. so our economy is 1% smaller than it would've been if that ship shortage had not been the case. if china was to invade taiwan, that would lead to massive disruption in the global chip supply chain. we are talking far, far worse than the shortage that we experienced during covid. this will begin economic catastrophe that very few people in the u.s. can even remember. it would be an economic apocalypse analogous, the closest analogous would be the arab oil embargo in this reasons to think it could be considerably worse than that. and of course taiwan, they are the most fans to chip maker which means they are the supplier of all the most advanced ai chips. that is something that china would love to get his hands on. there's a reason why they are building a fleet amphibious assault ships and it is to prepare to retake taiwan. there's a reason why ch
the department of commerce did an analysis of that shortage which prevented carmakers from finishing r automobiles, and the department of commerce found that that shortage during the supply chain crisis of covid shaved 1% off the u.s. economy. so our economy is 1% smaller than it would've been if that ship shortage had not been the case. if china was to invade taiwan, that would lead to massive disruption in the global chip supply chain. we are talking far, far worse than the shortage that we...
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Feb 6, 2025
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atmospheric administration in maryland, as well as the building of its parent agency, the department of commerce in washington. they apparently just sort of walked past security and said, get out of my way, and they're looking for access to the it systems as they have in other agencies. andrew rosenberg, a former noaa official with knowledge of the incident, told mother jones. he added they will have access to the entire computer system, a lot of which is confidential information. now, it should be noted here that project 2025, the right wing blueprint for trump's second term, which pulled abysmally and trump tried to deny he had anything to do with. well, look at that. it called for noaa to be broken up and downsized because its role in promoting climate science was harmful to u.s. prosperity. musk staffers have also gained access to payment and contracting systems at the extremely important and crucial centers for medicare and medicaid services that is the source of health insurance for more than 150 million older and poorer americans. and again, as with much of this, what is he doing with tha
atmospheric administration in maryland, as well as the building of its parent agency, the department of commerce in washington. they apparently just sort of walked past security and said, get out of my way, and they're looking for access to the it systems as they have in other agencies. andrew rosenberg, a former noaa official with knowledge of the incident, told mother jones. he added they will have access to the entire computer system, a lot of which is confidential information. now, it...
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Feb 7, 2025
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the ranking democrat on the senate commerce committee wants the transportation department to bar muskrom any involvement, citing his spacex business. >> it's a clear conflict of interest, and secretary duffy should make sure that mr. musk is not part of the faa air transportation system. he has been fined for violations. >> the ntsb says it will issue a preliminary report on the crash within three weeks. in washington, caroline shively, fox news. >> bay area congressman mark desaulnier was among the lawmakers who were briefed by the ntsb. today, he responded to elon musk's comments and the trump administration's federal hiring freeze, saying in part, quote, given this action and the havoc elon musk has been wreaking across various government departments. musk's comments that he intends to intervene in the department of transportation and the air traffic control system is deeply troubling. as someone who has long advocated for and worked with experts for several years on safety reforms and modernization of our aviation systems, i strongly encourage mr. musk, whose own company has a tro
the ranking democrat on the senate commerce committee wants the transportation department to bar muskrom any involvement, citing his spacex business. >> it's a clear conflict of interest, and secretary duffy should make sure that mr. musk is not part of the faa air transportation system. he has been fined for violations. >> the ntsb says it will issue a preliminary report on the crash within three weeks. in washington, caroline shively, fox news. >> bay area congressman mark...
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Feb 7, 2025
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the ranking democrat on the senate commerce committee wants the transportation department to bar musk from any involvement, citing his spacex business. >> it's a clear conflict of interest, and secretary duffy should make sure that mr. musk is not part of the faa air transportation system. he has been fined for violations. >> the ntsb says it will issue a preliminary report on the crash within three weeks. in washington, caroline shively, fox news. >> coming up, growing pressure on the embattled sheriff of san mateo county to step down the latest city on the peninsula demanding change. plus buyout blocked a judge makes a ruling on president trump's plan to cut the federal workforce. also tonight, israeli prime minister benjamin netanyahu meets with lawmakers in washington, d.c, today. what he is saying about president rump's lan stay ahead of your child's moderate-to-severe eczema with dupixent as they welcome the feeling of touch with clearer skin and less itch. the #1 prescribed biologic by dermatologists and allergists helps heal their skin from within. severe allergic reactions ca
the ranking democrat on the senate commerce committee wants the transportation department to bar musk from any involvement, citing his spacex business. >> it's a clear conflict of interest, and secretary duffy should make sure that mr. musk is not part of the faa air transportation system. he has been fined for violations. >> the ntsb says it will issue a preliminary report on the crash within three weeks. in washington, caroline shively, fox news. >> coming up, growing...
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Feb 7, 2025
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the clerk: nomination, department of commerce, howard lutnick, of new york, to be secretary. mr. cloture motion to the desk. prooip the cloture motion -- the presiding officer: the clerk will report the cloture motion. the clerk: cloture accordance with the provisions of rule 22 of the standing rules of the senate, do hereby bring to a close debate on the nomination of howard lutnick, of new york, to be secretary of commerce, signed by 17 senators as follows. mr. thune: i ask that the reading of the names be waived. the presiding officer: without objection. mr. thune: mr. president, i'm going to move here to go to legislative session in a minute. i have to point out these next noms coming up are bipartisan noms, we're coming up on the department of agriculture secretary whose nomination was reported out of the senate agriculture committee unanimously. not a single dissenting vote. so it seems like me might be able to expedite that. i don't know how long that last vote took, but we're going to keep grinding away here, i would ask that we proceed to legislative session. the presidi
the clerk: nomination, department of commerce, howard lutnick, of new york, to be secretary. mr. cloture motion to the desk. prooip the cloture motion -- the presiding officer: the clerk will report the cloture motion. the clerk: cloture accordance with the provisions of rule 22 of the standing rules of the senate, do hereby bring to a close debate on the nomination of howard lutnick, of new york, to be secretary of commerce, signed by 17 senators as follows. mr. thune: i ask that the reading...
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Feb 4, 2025
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i think you'll see the commerce secretary, you will see the interior department, all of them workingnd protect america. that's what biden was supposed to be doing. he was going to get to that. he was going to get to that protecting america think right after the napa. >> i don't think he was going to do that. are from day one we knew he was not going to be doing that. by the president trump has put on a great team. night forcing them continuing. some of the ideas, greenland, you're out of your mind. canada 51st state, now that thinking about if they're watching tonight. we owe japan $1.1 trillion. that's a lot of money. we've been having protection for japan since the 60s when we signed a treaty. 54,000 u.s. soldiers are in japan to make sure they are safe. we all that 1.1 trillion. to be japan audit forgive the 1.1 trillion and i think that's another thing president trump can negotiate. >> laura: time to negotiate down all that data. come back soon. love having you on. thank you so much. new warnings about the air traffic control masset that biden left behind. transportation secretar
i think you'll see the commerce secretary, you will see the interior department, all of them workingnd protect america. that's what biden was supposed to be doing. he was going to get to that. he was going to get to that protecting america think right after the napa. >> i don't think he was going to do that. are from day one we knew he was not going to be doing that. by the president trump has put on a great team. night forcing them continuing. some of the ideas, greenland, you're out of...
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Feb 5, 2025
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and you're going to see this department of commerce bring domestic manufacturing of semiconductorrers and we're going to drive after that supply chain to the united states of america, drive it here. we are too reliant on taiwan. we need to have more national security and for our business, we need to have production anywhere. >> i agree with that. we're talking about deepseek. other types of concerns that we face beyond just when it comes to semiconductor manufacturing, iowa a.i. and other types. this a 2.0 that we can build upon with chips and science, have that coalition stay together? maybe not necessarily specific on chips anymore, but on different element of critical manufacturing or critical technology innovation. would that be something that you'll be supportive of, taking that kind of model and apply it in a different sector? mr. lutnick: i do. i think my job is to give you the benefit of the bargain you pass chips and science. my job is to bring domestic production of semiconductors home to america. and then we're going to attack the supply chain so much we have the full suppl
and you're going to see this department of commerce bring domestic manufacturing of semiconductorrers and we're going to drive after that supply chain to the united states of america, drive it here. we are too reliant on taiwan. we need to have more national security and for our business, we need to have production anywhere. >> i agree with that. we're talking about deepseek. other types of concerns that we face beyond just when it comes to semiconductor manufacturing, iowa a.i. and other...
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Feb 4, 2025
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amount of money off the bat an.d i think you will see the commerce secretary when he is confirmed, you will see that i sent an interior department.at that is what biden was supposed to be doing but he was working so hard that he was going to get to that, he was going to get to that protectna america thing rit after his nap.>> i >> i don't think he was going to did that. i thin dayk from day one we knee was not going to be doing that. president trump put on a great team together and by the way, i for see him continuing. o someut of these ideas greenland, you are out of your mind. canada at the 51st state you are out of your mind i.ng with this camp i ts watching tonight we owe japan $1.2 trillion, a lot of money. but we have had protection sincd we signed a treaty.,0 0054,000 u.s. soldiers in japan make sure they are safe. we owe them $1.1 trillion that maybe japan ought to forgive $1.1 trillion and another thinke president trump can negotiate on behalf of americans. >> laura: time to negotiate all that debt. patrick, come back. we love having you on.ro thank you is much. new air traffic control mess biden left behind. sean duffy
amount of money off the bat an.d i think you will see the commerce secretary when he is confirmed, you will see that i sent an interior department.at that is what biden was supposed to be doing but he was working so hard that he was going to get to that, he was going to get to that protectna america thing rit after his nap.>> i >> i don't think he was going to did that. i thin dayk from day one we knee was not going to be doing that. president trump put on a great team together and...
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Feb 2, 2025
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department was involved in. donald trump saying, no, we're in the business now of business, american commerce, and securing the westernto america's interests. charlie: and, of course, left the door wide open for china to to come into those countries and take over in very -- and, by the way, long-term, damaging ways for those countries. because once you get indebted the china, you're kind of doomed. but donald trump looked at all of it, and i think tariffs and the panama canal, they're very similar tools in that trump looks at this and says, wait a minute, we're the greatest, biggest, most powerful economy on the planet, i'm going to use that to my advantage. i'm going to use that to get things for my country. so he's doing that with the panama canal because we send so much material through there, and he's doing it with tariffs because he knows canada, mexico or china is going to go to their knees -- joey: it is a very anti-establishment idea with. all of these tools exist in the same toolbox. years past would say, you know, we're going to the fight a proxy war against china here, but we're not going to touch our econo
department was involved in. donald trump saying, no, we're in the business now of business, american commerce, and securing the westernto america's interests. charlie: and, of course, left the door wide open for china to to come into those countries and take over in very -- and, by the way, long-term, damaging ways for those countries. because once you get indebted the china, you're kind of doomed. but donald trump looked at all of it, and i think tariffs and the panama canal, they're very...
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Feb 3, 2025
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commerce and yee's martial arts and lion dance group. seven emts and paramedics from the san francisco fire department went on a medical mission in centraley were volunteers for the castaneda kids foundation, a charity dedicated to providing aid to needy families in el salvador. they say the heat was challenging, but they came prepared and used their medical skills to help more than 3000 patients in just one week. that trip was self organized and not funded by the san francisco fire department. >> thousands of people ran in the rain for the san francisco half marathon. many of the runners out there were bundled up in the wet, cold conditions. the route started off at golden gate park's jfk promenade, and took the runners all the way through the park and along the pacific. there was also a five and ten k run. >> you guys excited? yeah. all right. bring it in here. >> and the golden state warriors treated a group of east bay students to a unique basketball camp. the students met at ultimate field house in walnut creek, where they were given the opportunity to shoot 360. the advanced training system collects data and uses cutting edge techn
commerce and yee's martial arts and lion dance group. seven emts and paramedics from the san francisco fire department went on a medical mission in centraley were volunteers for the castaneda kids foundation, a charity dedicated to providing aid to needy families in el salvador. they say the heat was challenging, but they came prepared and used their medical skills to help more than 3000 patients in just one week. that trip was self organized and not funded by the san francisco fire department....
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Feb 5, 2025
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commerce secretary. and at the 11th hour, when he didn't get treasury secretary, he hip checked her. she got department of education, and now she could be out of a job. hagar. jeff. susan. leanne, thank you all for starting us off this evening when we return. elon musk intensifies his crusade to slash government spending and in the process, has gained access to some very sensitive information. my question what does he plan to do with it? and later, fbi agents are now suing to protect the identities of the agents who did their jobs, who followed their assignments investigating donald trump and the capitol riot. the 11th hour just getting underway 11th hour just getting underway on a very serious tuesday night. so, what are you thinking? i'm thinking... (speaking to self) about our honeymoon. what about africa? safari? hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a down-payment... ...on a ranch ...in montana ...with horses let's take a look at those scenarios. j.p. morgan wealth management h
commerce secretary. and at the 11th hour, when he didn't get treasury secretary, he hip checked her. she got department of education, and now she could be out of a job. hagar. jeff. susan. leanne, thank you all for starting us off this evening when we return. elon musk intensifies his crusade to slash government spending and in the process, has gained access to some very sensitive information. my question what does he plan to do with it? and later, fbi agents are now suing to protect the...
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Feb 5, 2025
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commerce secretary. and at the 11th hour, when he didn't get treasury secretary, he hip checked her. she got department of education, and now she could be out of a job. hagar. jeff. susan. leanne, thank you all for starting us off this evening when we return. elon musk intensifies his crusade to slash government spending and in the process, has gained access to some very sensitive information. my question what does he plan to do with it? and later, fbi agents are now suing to protect the identities of the agents who did their jobs, who followed their assignments investigating donald trump and the capitol riot. the 11th hour just getting underway on a very serious tuesday night. >> doctors recommend. >> colon stool. softener for gentle, dependable relief from constipation. it's so gentle. doctors even recommended during pregnancy and after surgery. colace increases. >> water in the stool. >> making it softer so it's. >> easier to go. no harsh laxatives, cramping, or straining colas. >> i need these items. >> printed by friday. >> certainly. >> are you for imprint certain? >> we are. >> for imprint. cert
commerce secretary. and at the 11th hour, when he didn't get treasury secretary, he hip checked her. she got department of education, and now she could be out of a job. hagar. jeff. susan. leanne, thank you all for starting us off this evening when we return. elon musk intensifies his crusade to slash government spending and in the process, has gained access to some very sensitive information. my question what does he plan to do with it? and later, fbi agents are now suing to protect the...