deutch in this effort. and i urge my colleagues to strongly support this measure, support bob and the levinson family in this one more anniversary of being in captivity or who knows where. and with that, mr. speaker, i yield the balance of our time. the speaker pro tempore: all time on this resolution having now been yielded back, the question is will the house suspend the rules and pass the house resolution 148, as amended. all those in favor will say aye. those opposed, no. in the opinion of the chair, 2/3 having responded in the affirmative, the rules are suspended, the resolution is agreed to and without objection the motion to reconsider is laid on the table. without objection, the title is amended. the speaker pro tempore: for what purpose does the gentleman from pennsylvania seek recognition? mr. barletta: mr. speaker, i move to suspend the rules and pass h.r. 1471, as amended. the speaker pro tempore: the clerk will report the title of the bill. the clerk: h.r. 1471, a bill to re-authorize the progr

representative deutch: i appreciate that. asked a follow up. -- fact is iran and its rock proxies are impossible for the assad and his ability to massacre his own people. the earlier stages of these debates, there was talk about like to go who would after assad because of the brutality against their family member and community members. if they didn't have that opportunity, sometimes they'd turn to whoever would give them the chance to fight no matter how awful the group might be. what are we doing now to ensure that the battle of is against one that isil and yet also acknowledges the assad regime ultimately has -- is responsible for so much of the problems that exist. realcgurk: this is a problem. as long as the regime is running bore, which it is right now, the pool of fighters, particularly in the parts of the isil isto fight reduced. i discuss in some detail north of the groups that we were working with have now peeled off to fight the regime. why the russian air campaign in its respect has made against is accident s -- is

that's why deutch is going long. >> in terms of deutsche bank because they do seem to be the leader of the pack in terms of the declines here, if a big bank like deutsche bank does that, does that then automatically mean the other banks will sell out of fear? >> that's the problem. i'm not saying brian is doing this, but i think people are looking at them at one asset class. ubs reported two days ago or maybe yesterday and they were down 8%. meanwhile the tier one capital is up 20 bips and made less money from investment banking and wealth management for obvious reasons. not an indication that the bank is falling apart and the capital requirements of european and u.s. banks have changed so dramatically that they are not going to get taken down by the energy sector. we know about the u.s. banks. >> have the european banks been put to the same sort of measures as the u.s. banks and i don't think they have. >> the ones that operate here have been and to the extent they are held under the same microscope of u.s. banks. looking hat my notes. jpmorgan says if oil sails at 30 bucks for 18 mon

representative deutch: thank you. on the subject of rest -- reckless endangerment as long as , we're talking about the issues, i'm not going to ask you. it is hard to comprehend and the accusations made about the administration policies. the request that the administration the criticismd in is why did we take this sooner? when the concern that we have about fighting terrorism, at least one in small respect can be addressed if you acknowledge that individuals who are in -- who can't find the country -- flight into the country because they are on a terrorism watch list can go to any gun store and purchase a gun. i don't understand it. if we're going to talk about reckless endangerment, that's something the congress ought to be do and the speaker ought to allow us to debate on. it is impossible for me to understand how after this hearing is logical for the american people has yet to be done. now i want to circle back to a comment and exchange that we had earlier on iran. the focus is really on iraq. i want to talk about

that's what ted deutch and i are working on as an alternative to the epa. >> there is this lobby, this citizens' climate lobby who has this carbon fee and dividend program which almost addresses the costs to the local community. you probably know much more about that than i do. but it's essentially putting a fee on carbon e`issions but giving the dividends back to households to pay for it. is that something that is part of the caucus plan. >> there is growing momentum behind carbon pricing which is essentially, it's revenue neutraraso the government is not going to make a profit. the pricing or the cost gets redistributed to local communities, to low-income time e ergy prices go up it's low income people who suffer the most whether it's at the gas pump or when they get their electric bills, to helel those people as we transition to cleaner energy. whh should be the goal. and which is something that's happening heren florida very slowly. fpl doesn't have any coal plants. they're heavy on natural gas which is much cleaner than oil and coal. and they have new clear which is obviously carb

congressman tom urbino and ted deutch have warned us that proceeding could upset the delicate systemthat underlies the creation, licensing and distribution of copyrighted television programming and potentially jeopardize efforts to prevent copyright infringement. representative doug collins, judy chu, lamar smith, adam schiff and mimi walters have expressed their concern over the proposal is potentially adverse impacts on minority and religious content creators. i wish the commission had listened to these voices rather than plowing ahead with a flat proposal because it does not respectfully dissent. >> commissioner riley. thank you, mr. chairman. i've spent considerable time on issues involving set-top box test experience along with serving the landscape has led me to conclude the set-top boxes are a relic of the past. they are already well under way to the fate of the video rental store. so why in 2016 with the commission be doing a set-top box item? the idea of an agency maintaining its control by placing outdated regulations under to knowledge is unfamiliar may be on the right tra

deutch: mr. speaker, when you run for public office you get to meet amazing people. passionate about politics at every level. the best ones, the ones who inspire you, are the ones who remind you why you got involved in the first place. to help others. today i rise in memory of one of the best. bunny steinman passed away on january 20, but her impact op florida democratic party and our community will surely last for decades. bunny was a born trail blazer long before retiring to south florida, she graduated from syracuse, earned a masters at queen's college. she worked in public education for three decades, all while raising three kids with her late husband. as her family mourns the loss of a mother and a grandmother, our community mourns the loss of a friend, a leader, and a mentor. indeed, bunny was so many things to so many people all at once. she was a teacher who never stopped teaching. an activist who never stopped organizing. a democrat who never stopped believing that america is strongest when the right to vote is protected when equal rights are respected, and

. >>> we have a market flash about deutch bank. >> the financial times has put out a story talking aboutthis idea that deutsche bank may be looking to use some of its cash to buy back the debt, senior debt, that it has outstanding it. has a lot of it, close to $50 billion says the story here. again, this helped provide a bit of a pop. you can see on the right-hand side to deutsche bank shares and u.s. trading so far today. as for the longer term trend, of course we know deutsche bank one of the many european banks that faced stress here. guys the issue is whether or not we know anything more about the overall picture financials, deutsche bank has been at the epicenter, the heart of a lot of this financial stress in europe. if they are going to retire some of that debt. >> remember, that's a debt not the convertible. >> right. these are not those coco bonds, contingent convertible bonds. >> we have shown that. fallen off a cliff. but the senior debt. >> coco bond are bonds that can be changed into equity in times of stress to short that's balance sheet items. remember, when you are going

. >> i hope you're right, but i thought we had this nailed earlier when joe was here from deutch bankrong. recessions are about capital investment, ceos pulling back and laying people off. >> that's absolutely true, and so far, we're not seeing that. and again, i think that ultimately, businesses do that when they're worried about the sustain ability of the consumer. you know, when we look at the employment report, we look at even in areas where you first expect, you know, companies to be nervous. companies in the retail sector, in the restaurant sector, they kept their workers that they hired over the holidays than they usually do. good gains in those areas. the data in discretionary spending, all the things that undermine business confidence about domestic demand, it caused them to pull back, isn't there. i think that they're looking through and what they're still seeing is good under lying support for the consumer. i think ultimately, that's what comes together to give us more resilience with the u.s. ee con me and people are maybe giving credit for. >> it sounds like you might agr

deutch: thank you. i want to touch on three different things. being here. i want to talk about the $100 assets thatrozen are now available to iran. i want to talk about the -- the u.s.nctions secondary sanctions on ballistic sanctions under the deal. non-nuclearo talk sanctions in the 300 individuals and entities that were relisted implementation day. first on the issue of the funds 00t you explained that $ billion. $50 billion is tied up billione, meaning $50 is available. whatever the numbers are, what money doing to track that as it is released since any of the money that flows in to the those who are supporting terrorists would then trigger terrorists sanctions or human right sanctions? tell you we can monitor very closely where the go as they are released. as general klapper testified earlier, a few days ago, so far most of those funds are going in to infrastructure, domestic infrastructure projects to the extent they are able to monitor that. not seen a substantial forge in levels of support terrorists activity. however we remain very closely focused

by the intercontinental ballistic missile development as cited by chairman royce and congressman deutchirman royce's questions, what i heard you say was the administration wants to let the iran sanctions act expire. the administration, extending it through the international emergency economic powers act is simply a power grab. allowing isa to expire statutorily is unacceptable. with this background, how have iran's terrorist activities been affected by the deal and the subsequent lifting of sanctions. has iran's support for terrorism increased or decreased? >> well, congressman, you raise a lot of questions in all of that and you make some assumptions that i don't share or agree with. we never suggested that the goal is to let it expire. i said let's take your time and be thoughtful about it. you're drawing a conclusion i never lent any credence to. secondly, this goes back to the sort of argument about the iran deal itself. you say we shouldn't lift sanctions until they have given up their sponsorship for terror. the problem is what they judge, you know, they just have a different inte

deutch of florida spent a few madam chairman. as long as we are talking about some of these issues, i'm not going to ask you, mr. mcgurk, to comment on this but it's really hard for me to cover and how we have this anti-appearing all kinds of accusations made about the administration's policies. the request that administration take certain actions on to have you explained them that have you explained and it would take them and the criticism is why did we take consumer? when the concern that we have about fighting terrorism at least in one small respect can be addressed, individuals who can't fly to this country because our on a terror watchlist, can go to any gun store and purchase a gun. if they're going to talk about reckless endangerment that's something that this congress ought to be doing that the speaker ought to allow us to have debate on. it's impossible for me to understand how out of this entire hearing that single step that's logical has yet to be done. now, i want to circle back to a comment, an exchange of the earlie

deutch down 9.5%, now the co-ceo is sending a letter to employees saying we're rock solid. >> you nevernt to see that. you have to say to people, as jpmorgan said, when you have to say to people your credit is good, it's too late. >> we've seen that before. >> yeah. i will say that goldman sachs, yes, there's been no ipos. there's been no m&a, how can goldman make the numbers? at the same time there is a book value. the big disconnect here is there's no way to marry the book value to what stock is doing. you know, if book value is at a discount of 148, it will be 140. the actual balance sheets of goldman, i'm not questioning it i'm not going to question it. >> sure. >> lowe's of the morning for the futures. we'll see you in about four minutes. see you in a bit. >>> coming up, the squawk planner stories you need to watch in the trading day ahead. know your financial plan won't keep you up at night. know you have insights from professional investment strategists to help set your mind at ease. know that planning for retirement can be the least of your worries. with the guidance of a pnc in