but what can the fmc do to protect the shippers from retaliation? >> anything to investigate would be unforgivable. >> you would immediately begin the investigation. >> if the merits were there, we would immediately as soon we could with the best case. >> and how many detention complaints have been filed with of the fmc against ocean carriers for any unfair practices since the start of the pandemic? >> like you, we've got hundreds of complaints where people don't want to put their name on it. in terms of the complaint that we've gotten where people are really filed on the complaint we have three cases already, specific cases and i expect more to come, but there are a number of them following but there are also legitimate cases. >> can something be changed in the filing process to improve it so it isn't such an arduous process? >> we have a consumer affairs bureau as the commissioner and i discussed long before that we are trying to figure out ways. i think the kind of coalitions can help but it doesn't mean i don't want to do more. any ideas you or

fmc's auditing will expand its scope to get information from carriers and handling of exports. and bureau of enforcement is prioritizing any case involving exporters. i believe we are pushing up to the limits of the authority under the shipping laws. since enactment of these laws, the global container trade has grown exponentially. over the years consolidation of carrier companies, half the major competitors. and the laws governing, demand surge. to chair cantwell and ranking member wicker for holding this hearing including new authorities that provide additional leverage over regulated entities and better protect shippers from unfair practices. the fmc can do some needed rulemaking, even without enacting new legislation updating our statute to remove ambiguity about congress's priorities on export issues and ocean shipping contract reform, as senator kobuchar stated, minimizing unintended consequences like disruption of chad trade, service disruptions or new compliance costs. it should be a balanced approach now and in the future when we get past the supply-chain disruptions w

>> it is actually a idea taking a look at fmc agricultural chemical producer one it shows shaper than on higher agricultural goods prices, obviously, farmer will be looking for ways to increase their crop field. >> ukraine splice a lot of word's wheat ben carlton jack thank you to read more check out this week's edition at barrons.com got to mention it is also on annual list of the top 500 financial advisors in this country and barron online that is all for us. is all for us. we will (announcer) the following is a paid presentation furnished by rare collectibles tv, llc. (announcer) the biggest numismatic event of the year just occurred! the 2021 morgan and peace silver dollars are finally available and you are first in line to acquire your very own set right now! the silver dollar is the ultimate collector's coin and the two most popular silver dollar designs are the morgan silver dollar struck from 1878 to 1921 and

>> it is actually a idea taking a look at fmc agricultural chemical producer one it shows shaper than there and also a better on higher agricultural goods prices, obviously, farmer will be looking for ways to increase their crop field. >> ukraine splice a lot of word's wheat ben carlton jack thank you to read more check out this week's edition at barrons.com got to mention it is also on annual list of the top 500 financial advisors in this country and barron online that is all for us. is all for us. we will see ... dr. michael youssef: i hope and trust that you are as challenged and encouraged and motivated by this series of messages, "never give up," based on the exaltation of the apostle paul to timothy, and i want you to write to me. tell me how god is using this unique series of messages to impact you. god bless. ♪♪♪

>> it is actually a idea taking a look at fmc agricultural chemical producer one it shows shaper thangher agricultural goods prices, obviously, farmer will be looking for ways to increase their crop field. >> ukraine splice a lot of word's wheat ben carlton jack thank you to read more check out this week's edition at barrons.com got to mention it is also on annual list of the top 500 financial advisors in this country and barron online that is all for us. we will see. ♪ >> from the fox studios in new york city this is maria bartiromo's wall street. >> happy we can talk welcome to the program analyzes the week that was it helps position you for the week ahead. i am maria bartiromo. more analysts are seeing a greater risk of recession this year with inflation spiking into new 40 year highs at gasoline hitting new records. kenny on the administration blame game were to put your money today. plus the white house warning putin could

fmc. >> the old food machinery company. ag stocks coming down.is coming down kenneth in new york. kenneth! >> caller: hey, jim, how you doing? >> fine, thank you for asking. what is going on >> caller: i'm looking at pharmaceutical company, siga technology. >> it's inexpensive company that makes money. i don't understand why the value is low as it is. i'm not done, gabriel in massachusetts. >> boo-yah jim >> boo-yah. >> caller: bought this stock in 2020 and added to position, paid a surprise dividend but stock is down rocket mortgage. >> when fed raises, can't rocket mortgage, doesn't work matthew in new jersey. >> caller: hey jim sector beaten down whole last year, vff. >> doesn't make money, we don't recommend it it's that simple that, ladies and gentlemen, is the conclusion of the lightning round. [ buzzer ] >> announcer: the lightning round is sponsored by td ameritrade coming up, lesson amc can teach disney about being the happiest place on earth cramer explains how the mouse house can galvanize shareholders by spreading around a little chee

in addition to giving the fmc more authority to investigate bad practices by ocean carriers, the bill also directs the federal maritime commission to set new rules for what the international carrier companies can reasonably charge and require them to certify and ultimately prove that the fees that they charge are fair. as rates continue to climb, this is more urgent than ever. and i personally believe that even before this rule goes into effect, the fact that we passed this unanimously in the u.s. senate sends a pretty strong shot against the bow because -- across the bow because there is so much more we could do and we will do if this practice continues. as i was working on this bill with senator thune, i heard about exporters who wanted to speak out against these predatory practices, but we're scared into silence because they feared that the ocean carriers would retaliate. that's why our bill includes strong antiretaliation protections for shippers. in short this bipartisan legislation says to the foreign-owned shipping alliances charge fair prices, stop profiting off our backs, and

the fmcs has ten regional offices, more than 60 field offices. its headquarters are here in washington, d.c. it does the basic blocking and tackling of keeping our economy running. it's charged with trying to avoid conflict between labor and management so we don't have strikes, so we don't have work stoppages, so that our economy runs as smoothly as possible. it's a pretty noncontroversial agency, and the individual who has been selected to run it is equally noncontroversial. he is a career public servant. xavier ramirez began at the fmcs in 2005. he's currently the director of agency initiatives there. to me, this should be a no-brainer that we could come together and decide as a body that we're going to make sure that we have someone running an agency that is pretty vital to the smooth flow of our economy and the mediation of disputes between labor and management. i'd ask unanimous consent that the senate proceed to executive session to consider the following nomination, calendar 665, xavier ramirez of illinois to be federal mediation and conci