mr. royce: i'd like to recognize mr. yow ho who authored this important bill which counters the harmful and unacceptable efforts being made to undermine taiwan's inclusion at the world health organization and i will yield to him such time heas may consume. the speaker pro tempore: the gentleman from florida is recognized for such time as he may consume. mr. yoho: thank you, mr. speaker. i'd like to thank the chairman, mr. royce, for the opportunity to offer this bill. i too support h.r. 535, the taiwan travel act. i rise in support of h.r. 3320, a bill that directs the secretary of state to develop a strategy to regain observer status for taiwan in the world health organization. i'd like to give particular thanks to chairman royce, ranking member engel, and ranking member sherman for supporting this bill and working with me to advance it through the committee process. mr. speaker, over the last few year, epeople's republic of china stepped up its campaign to marginalize taiwan. last year, beijing poached one of taiwan's

mr. royce: mr. speaker, i would move the house suspend the rules and pass h.r. 3445 as amended. the speaker pro tempore: the clerk will report the title of the bill. the clerk: h.r. 3445 a bill to enhance the transparency and accelerate the impact of programs under the african growth and opportunity act and the millennium challenge corporation and for other purposes. the speaker pro tempore: pursuant to the rule, the gentleman from california, mr. royce, and the gentleman from new jersey, mr. sires, each will control 20 minutes. the chair recognize the gentleman from california. mr. royce: i ask unanimous consent that members may have five legislative days to revise and extend their remarks and include any extraneous material in the record. the speaker pro tempore: without objection. so ordered. mr. royce: i ask unanimous consent to place into the record an exchange of letters that we had with the committee on ways and means and a letter sent to the chairman of the foreign affairs subcommittee on af

mr. royce is the eighth republican member of congress who is the chair of a committee, who has announced he or she will not run for reelection. it's one thing to be a run of the mill but when you chair a committee and step down, eight of them is a lot and that's probably good news for democrats chances in the midterms overall. that eight committee chairmen are leaving. but even beyond just the large number of committee chairs who are going, some of these individual ones are strange and this ed royce one today was strange and a surprise. so like i said, it's kind of a weird news day. i expect it will continue to be a weird news night but i'll see your weirdness thus far today and up the ante. in 2008 there was a good-sized democratic field of candidates that signed on to run for president as the very unpopular era of george w. bush came to a close. the democratic primary in 2008 ended with the fight for the nomination between hillary clinton and barack obama. if you go back to the beginning of t

same thing with mr. royce. he is term limited as chairman. and same thing with husted.here more republicans yes because there are more republican members and number of members departing like kristi noem is running for governor of south dakota. >> harris: other offices. >> dine black. they are actually moving up. we will bring more people in. it will be successful. that's the uniqueness that we have. the competition makes even people better. >> harris: one of the things i'm reading, too, if you look statistically, you always lose some people along the way right after an election sometimes. other parts of the year, too. i wanted to ask you because representative issa has been very vocal on certain items and just get your thoughts. i appreciate that. majority leader, will you come back another time? >> i will gladly come back. we will have the satellite complete for the whole time. >> harris: look at you. just ruling it thank you. happy new year. >> all right. thank you. >> harris: the white house is weighing its options as some big deadlines are fast approaching for the i

royce: to south korea through china? mr. trae: yes, that's right. and if chinese open its routes to south korea, north korean system would collapse in a very short span of time. rep. royce: thank you. we go now to mr. eliot engel, our ranking member. rep. engel: thank you, mr. chairman. mr. thae, your comments are very riveting, very important to give us insight. when i was there, kim jong-il was the leader and he was referred to as the dear leader. i'm wondering if kim jong-un has a similar title. you walk into every room, there were pictures of the two of them on the wall. it was something very scary. is that still the case with kim jong-un? mr. thae: of course, and kim jong-un even upgraded his propaganda campaign to make him as a god of north korean people. rep. engel: thank you. so is there any scenario in which north korea might freeze or dismantle its long-range missile or nuclear weapons program? what would be the best means to persuade north korea to do so? mr. thae: i think, first, kim jong-un still believes he can achieve this goal. so we

mr. bevan in london. bring this up right now. this is what we do at bloomberg to keep track of the sell side. right up here, this is rolls-roycee united kingdom, with 23 analyst opinions. how many are going to be there in 12 months? james: i don't think they are necessarily going to be on the screen as entities to buy and sell shares. i think the real issue for active managers, the question as to why active managers outperform relentlessly and regularly on -- is because the pride people who run active money cannot trade efficiently. i think that's what we see a tendency for asset management -- managers to be smaller and make sure they can trade. they are going to want really specific research. tom: very quickly come at 10 year yield breaks out to a new leg up. when does that chart become james bevan's worst headache? james: if we get the 10 year yield at three, it's a big headache. 3.5, we have a melt down, in my view. tom: thank you so much for the briefing. we appreciate your perspective. we have so much to talk about, the bombshell from the white house, the president will attend the meeting of the world economic forum. jeff