we will talk to carolyn maloney. ♪ host: good morning. it's wednesday, february 7, 2018.he house is in a 9:00 a.m. this morning, the senate reconvenes at 11:30. the looming deadline is tomorrow at midnight, when funding runs out on the current spending plan and when another shutdown would begin unless a deal is reached. lawmakers from both parties say they are close to coming up with a two-year spending agreement, but yesterday, president trump ofed an element uncertainty. we will talk about that this morning on the washington journal. as we do, we want to hear from you. republicans can call in at (202) 748-8001. democrats, (202) 748-8000. independents, (202) 748-8002. you can also catch up with us on social media, on twitter and on facebook. morning to you. you can start calling in now. the president's comments making front-page headlines. here is one from this morning's washington times. "trump to democrats: negotiate on border or shut government." president trump was meeting with lawmakers of the capital yesterday. here is what he had to say. [video clip] >> if we do n

democratic congresswoman carolyn maloney on efforts to avoid a government shutdown, and volatility in u.s. financial markets. be sure to watch c-span's washington journal. join the discussion. >> c-span's history series, landmark cases, returns this month with a look at 12 new supreme court cases. each week and historians and experts join us to discuss the personal stories and issues behind these supreme court decisions. monday, february 26, live at 9:00 p.m. eastern. and to help you follow all the cases, we have a companion's guide. "landmark cases: volume two." 8.95 plus shipping. for yours, go to c-span.org/landmark cases. >> tonight on c-span, secretary defense james mattis testifies on military funding. then the senate armed services committee examines u.s. strategy in afghanistan. later, house debate on two bills related to sexual harassment. next, defense secretary james mattis and joint chiefs of staff vice chairman seven testify before the senate armed services community. secretary mattis stressed the need for stable funding for the military to the fully trained and ready. th

jackson lee: it gives me pleasure again to yield to representative carolyn maloney of new york, who joined with representative joyce beatty of ohio and the lead sponsor, congresswoman wagner, to be strong supporters of this legislation. minutes. her two she's an original co-sponsor of the bill. the chair: the gentlelady is recognized for two minutes. mrs. maloney: i thank the congresswoman lee for yielding and for her extraordinary leadership on this issue and so many other areas. i rise in strong, strong support of h.r. 1865. it is transformative legislation. it is important and it will save lives. it is an historic legislative achievement. and i thank my colleague, ann wagner, for her selfless, dedicated, effective leadership and-n bringing this bill to the floor. and my colleagues, joyce beatty and sheila jackson lee, and congresswoman walters and everyone and the leadership of this body for bringing this bill to the floor. i hope we should all pass it. it's important. this bill clarifies that internet companies that actively advertise the sale of trafficking victims, many of whom are c

he commented on yesterday's stock market drop in an exchange with carolyn maloney. watch that tonight starting at 8:00 eastern on c-span 2. >>> wednesday morning, we're live in jackson, mississippi for the next stop on the c-span bus 50 capitals tour. mississippi attorney general jim hood will be our guest on the bus starting at 9:30 a.m. eastern. >>> now representatives from facebook, youtube and twitter brief members of the senate commerce science and transportation committee on the efforts to address removing nefarious users and accounts.

then new york democratic congresswoman carolyn maloney on efforts to avoid a government shutdown this week and volatility in u.s. financial markets. be sure to watch c-span's "washington journal" live at 7:00 eastern wednesday morning. join the discussion. >>> following last month's false alarm missile alert in hawaii, a house panel looked at the reliability and accuracy of emergency alerts. we'll hear from representatives from fema and the new york and rhode island emergency management agencies as well as wireless technology industry officials. congressman daniel donovan of new york chairs this homeland security subcommittee hearing. >> the subcommittee on emergency preparedness, response and communications will come to order. the subcommittee is meeting today to review our ability to timely and effectively alert and warn the public in the case of an emergency. i want to welcome our witnesses here this morning on an issue that is vital to the protection of americans. effective and reliable alerts and warnings. the numerous disasters and terrorist attacks that we've witnessed over the

trish: you heard carolyn maloney there saying financial stability, asking that question about financial stability, is it going to affect financial stability? that is one that we keep hearing. you think back to 2007, you think back to 2008, that was a time when our very financial stability was challenged. we were the middle of a credit crisis. we're still in symptom ways suffering effects from that credit crisis. look at year 2000, tech bubble, asset bubble. we moved on. two very different things. when you talk about a lack of financial stability or any kind of credit crisis, that is something in fact is very scary. the market is giving up few hundred points here, a few hundred points there, even 1000 points there, we can handle it, so long as the rest of the economy is doing well. in fact it's a normal thing to have happen. joining me with reaction, janney montgomery scott, and paul dietrich. do you agree with me, paul? >> i do. underlying fundamentals of the economy are as solid as i have seen them in years. analysts trying to come up with all sorts of screwy theories why we're ceiling

carolyn maloney from new york was trying to pin them down. what would it take for more than three interest rate increases every year, that is what everyone is expecting the if you were a hawk and federal reserve will raise interest rates more than three times a year, listen to what the chairman said, it might reinforce your echo chamber. >> we reached the point where the risks are really two-sided now. we need to keep that into account. if we do get behind and that the market doesn't, the economy doesn't overheat, we don't see that now, but if that does happen we'll have to raise rates faster and that raises the chances of a recession and recessions tend to hit vulnerable populations the most. reporter: if you however, when it comes to interest rates are a dove, listen what he said in the sound bite. we're not there yet. he alluded to the meeting in three weeks roughly in march where the federal reserve will once again get the dot plot where they will let us know what the majority of the presidents of the regional banks and the board of gover

carolyn maloney from new york. care lynn. there she is. carolyn maloney, thank you. of course, new yorkers think they own this issue so do we in california. but it's a heartland issue as well. so i'm very proud of all the members who have come here but also for the work that they have done and there are many others who have been working very hard on this issue. starting -- when we started our meetings at 8:00 this morning, continued in our leaders meeting, mr. crowley and mr. hoyer, about where we go from ere in terms of the budget negotiations that have gone on. as i said earlier, there are many good things in the budget agreement. they have been responsive in a bipartisan way. you know, again, it's a compromise. i'll just return to that because some people may not have heard my first statement. the budget caps agreements includes many democratic priorities. the disaster recovery package and dollar-for-dollar increases in defense and nondefense budget, democrats have secured hundreds of billions of dollars to invest in communities across america. billions in funding

>> reporter: well, carolyn maloney was actually pressing him on what would it take to go from the threeected rate increases in 2018 to maybe four or five? remember, they keep using this term "gradual," implying they might be less hawkish than the people who were counting on four or five increases because the fed has been saying three. watch the exchange, and then let's break it down for you. >> what we've seen is incoming data that suggests a strengthening in the economy. we've seen continuing strength in the labor market, we've seen some data that will, in my case, add some confidence to my view that inflation is moving up to target. i think each of us is going to be taking the developments between, since the december meeting into account and writing down our new rate paths as we go into the march meeting, and i wouldn't want to prejudge that. >> reporter: so he doesn't want to prejudge that. but what he's referring to there is what the wonks would refer to as the dot plot, the survey of different bank presidents, where they think interest rates are really going to fall. and from that,

carolyn maloney is with us, i thank her for this testimony. it's about diego. he was an intern at her office and was a guest for the state of the union. here's his story. our family history traces generations of ecuadorians since the early days of the republic. immigration was not common for us. my parents and fwrarntes endured great periods of political instability. in 1999 at age 6, following an economic crash and a coup d'etat my mother began making plans to move to the united states. by august, 2001, i arrived in new york city and we settled in queens. i was enrolled in public schools and i learned english and within a year i blended in with the rest of the children. i was always aware of my status and i was quickly aware of how long and unlikely any immigration reform in congress would be. in 2017 i faced the devastating ability of degree denied accepting student loans and scholarships that denied my ots at the college of my choice. i psever and attended hunter college. president obama's announcement of daca wasmy rack louse. i entered the work force immed

new york democratic congresswoman carolyn maloney on efforts to avoid a government shutdown this week. be sure to watch c-span's washington journal live at 7:00 eastern wednesday morning. join the discussion. >> wednesday morning, we're live in jackson, mississippi for the next stop on the c hf span bus 50 capitals tour. mississippi attorney general jim hood will be our guest on the bus during "washington journal" starting at 9:30 a.m. eastern. >> president trump met with law enforcement officials, lawmakers and members of his cabinet to talk about immigration policy and the ms-13 gangs. he told the group he would support a government shutdown if congress does not pass legislation consistent with his immigration and border security policy. >> thank you very much. please. what a group. this is a very talented group of people. well, i thank you very much. we need talent for what we're doing, believe me. we're here to discuss the tremendous threat of ms-13, one of the most violent and vicious gangs anywhere in the world. we've really never seen anything quite like this, the level of fero

democratic congresswoman carolyn maloney on efforts to avoid a government shutdown this week, and volatility in u.s. financial markets. be sure to watch c-span's washington journal. join the discussion. ♪ wednesday, a hearing on military leader misconduct focusing on prevention and accountability. we'll have it live coverage starting at 9:00 am eastern on c-span3. the defense department's role in countering weapons of mass destruction is the focus of a committee hearing wednesday. the committee is examining pentagon strategy on potential threats from north korea and terrorist groups. see a live starting at 2:30 p.m. eastern.

and especially i want to mention congresswoman carolyn maloney and congresswoman joyce beatty who fought the good fight on the other side of the aisle for what is truly a landmark bipartisan piece of legislation that is going to save lives. i am also so thankful for my dedicated staff who have point of order their hearts and their minds -- poured their hearts and their minds into this fight in more ways than the public will ever know. fosta, combined with the walters amendment, will provide better civil justice for victims, more convictions and more predators behind bars. and because of this package, fewer businesses will ever dare to enter the sex trade and fewer victims will be sold into modern day sex slavery. last but most importantly i am in awe and grateful for the contributions of the survivors n this fight to turn fosta and cesta into law. they piece their lives back together alone. that is why i introduced this bill and that's why it must become law. i expect this legislation to sail through the senate and makes its way to the president's desk so we can put the bad actor website

carolyn maloney. >> what we've seen since then is incoming data that suggests the strengthening in thee seen continuing strength in the labor market. we've seen some data that will -- in my case add some confidence to my view that inflation is moving up to target. we've also seen continued strength around the globe. and we've seen fiscal policy become more stimulative. so i think each of us is going to be taking the developments between since the december meeting into account. and writing down our new rate paths as we go into the march meeting and i wouldn't want to prejudge that. yvonne: jay powell said stock market selloff, bond yields rodriguez and not going to be a big weight on the economy and ballock economics said that what we heard from him was consistent with the january fomc statement. nothing really different. others like crirs rupke at mufg half speed ahead and he's going to keep hike being rates but he doesn't see signs of acceleration from 3% to 4%, and a senate banking committee appearance by jay powell. maybe we'll get some more hints on thursday. yvonne: yeah. that cer

he commented on yesterday's stock market drop in an exchange with carolyn maloney. watch that tonight starting at 8:00 eastern on c-span 2. >>> wednesday morning, we're live in jackson, mississippi for the next stop on the c-span bus 50 capitals tour. mississippi attorney general jim hood will be our guest on the bus starting at 9:30 a.m. eastern. >>> now representatives from facebook, youtube and twitter brief members of the senate commerce science and transportation committee on the efforts to address removing nefarious users and accounts. >>> well, good morning. i want to thank everyone for being here to examine what social media companies are doing to combat terrorism including terrorist propaganda and recruitment efforts on online. the social media are well documented. youtube, twitter and facebook among others give voice around the world and provide a forum of discussion of outlets. they have thrived online. but as is so often the kascase, enemies have sought to take over this. isis has been particularly aggressive in seeking to radicalize to go over the inter