mr. schiff. mr. schiff: thank you, mr. speaker. and let me say on behalf of my chairman and myself, we were fans of raiders even when they were not winning. i'm proud to yield three minutes to ms. sewell, a member of our committee, from alabama. the speaker pro tempore: the gentlelady is recognized. ms. sewell: i rise in support of this year's intelligence authorization act. our national security is a bipartisan issue and this legislation is a reflection of both parties' shared commitment to the safety and security of all americans of the this provides our intelligence community with the necessary resources and capabilities to defend our nation against ongoing and emerging threats from around the world. as a ranking member on the d.o.d. and overhead intellectual subcommittee, i was pleased this language continues to advance our capabilities on the ground and in space and provides necessary oversight of many critical, d.o.d. and n.g.a. programs. this legislation takes important steps towards enhancing thorough oversight of our surve

mr. schiff: thank you, mr. chairman. mr. clapper, i wanted to ask you about your parting thoughts on russia and the threats posed by russia. you and the secretary of homeland security acknowledged about a month ago that russia had been hacking into our political institutions and interfering with our election and this was coming from the highest levels of our -- kremlin. what is your assessment that is likely to continue into the next administration if president-elect trump, if there is a situation between he and mr. putin don't materialize, would you participate that the russians will hack and dump what is your assessment that is likely to continue into the next administration if president-elect trump, if there is a situation between he and mr. putin don't materialize, would you participate that the russians will hack and dump documents that might be damaging to a trump administration? would that be consistent with what you know of their playbook? mr. clapper: thanks for the question, sir. i don't anticipate a significant ch

mr. schiff. mr. schiff: thank you, mr. speaker. i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. schiff: today we're voting on the fiscal year 2017 intelligence authorization act, the fourth major piece of legislation i've had the privilege of working on with chairman nunes and the membership of our committee, and i want to just return the compliment from the chairman. it's a great pleasure to work with him. one of the things i love about our committee is it's truly a refuge from a lot of the partisanship of this institution. to be able to grapple with some of the enormous challenges of this country and to do so in a nonpartisan way is a real, i think, honor and privilege for all of us on the committee. i thank the chairman for his leadership in making it so. he continues to be just an invaluable partner on the committee. each bill we work on together provides a new -- proves what can be done when people work together constructively in a nonpartisan manner to solve real problems. in this iteration of the bill which the hou

mr. schiff: thank you, mr. chairman. mr. clapper, i wanted to ask you about your parting thoughts on russia and the threats posed by russia. you and the secretary of homeland security acknowledged about a month ago that russia had been hacking into our political institutions and interfering with our election and this was coming from the highest levels of our -- kremlin. what is your assessment that is likely to continue into the next administration if president-elect trump, if there is a situation between he and mr. putin don't materialize, would you participate that the russians will hack and dump documents that might be damaging to a trump administration? would that be consistent with what you know of their playbook? mr. clapper: thanks for the question, sir. i don't anticipate a significant change in russian behavior. we gave considerable thought to diming out russia with that statement. we waited until we felt we had sufficient basis for it and we did and both from a forensic as well as other sources of intelligence led

mr. schiff: thank you, mr. chairman. mr. clapper, i wanted to ask you about your parting thoughts on russia and the threats posed by russia. you and the secretary of homeland security acknowledged about a month ago that russia had been hacking into our political institutions and interfering with our election and this was coming from the highest levels of the kremlin. what is your assessment that is likely to continue into the next administration if resident-elect trump, if there is a situation between he and mr. putin don't materialize, would you participate that the -- anticipate that the russians will hack and dump documents that might be damaging to a trump administration? would that be consistent with what you know of their playbook? mr. clapper: thanks for the question, sir. i don't anticipate a ignificant change in russian behavior. we gave considerable thought to diming out russia with that statement. we waited until we felt we had sufficient basis for it and we did and both from a forensic as well as other sources of

mr. schiff? >> thank you. thank you, mr. chairman. i'm trying to get used to this new committee and the lap of luxury here in the ways and means. first, i want to thank you all for your many years of service to the country. indeed decades of service to the country. director clapper, in particular, i want to thank you for honorably serving us since the 1960s, first as an air force officer, later as director of dia, nga and as under secretary of defense for intelligence and, of course, for the last six years of dni. you took a position that was still very much in the process of formation and gave it very substantive and effective content, and we're very grateful for all you have done. you've always exhibited sober judgment and put the fate of the nation first. i hope that as you look back on your career, you are -- you don't lament your many appearances before us. we certainly don't. and, you know, there was a rumor out there that you might be asked to stay on a little longer during the transition. i'm hoping you will stay on a little l

mr. schiff? >> thank you. thank you, mr. chairman. i'm trying to get used to this new committee and the lap of luxury here in the ways and means. first, i want to thank you all for your many years of service to the country. indeed decades of service to the country. director clapper, in particular, i want to thank you for honorably serving us since the 1960s, first as an air force officer, later as director of dia, nga and as under secretary of defense for intelligence and, of course, for the last six years of dni. you took a position that was still very much in the process of formation and gave it very substantive and effective content, and we're very grateful for all you have done. you've always exhibited sober judgment and put the fate of the nation first. i hope that as you look back on your career, you are -- you don't lament your many appearances before us. we certainly don't. and, you know, there was a rumor out there that you might be asked to stay on a little longer during the transition. i'm hoping you will stay on a little l

mr. clapper: that's hard to say, congressman schiff. i can't say what they'll do and i can't forecast what the impact of our administration might have on russian behavior. it's speculative. i just don't know. [captions copyright national cable satellite corp. 2016] [captioning performed by national captioning institute] >> senator bernie sanders talks about the impact of the 2016 election and calls on donald trump to rescind the appointment of steven banon. he is questioned by e.j. dion of the "washington post." senator sanders: thank you. [applause] senator sanders: let me thank all of you for coming out. quite -- can't quite see you. thank you for coming and i look forward to chatting with e.j. in a few moments. before we do, i just wanted to say a few words about the election and where we are today. as i know, there are a lot of people who are frightened, a lot of people who are extremely unhappy, and i would not be telling you the truth if i didn't tell you the truth that tuesday night was a very, very depressing evening for me. but

mr. schiff is going to be back. have we heard? i want to thank you for appearing today. the committee remains deeply concerned about these issues. we look forward to the ig centcom report and the ig's report on false information and misleading information provided to congress. hopefully, the ig can get to the bottom of these problems and help the committee uncover what exactly has happened here. our robust oversight will continue for the remainder of this year and into the next congress, but i want to thank all of you for your service and your attendance here today. the meeting is adjourned. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] [captions copyright national cable satellite corp. 2016] >> coming up, president obama and ongoing merkel -- angela merkel holding a joint news conference in berlin. remarks by supreme court justice clarence thomas. later it look at vice president elect mike pence as he visits with lawmakers. on friday, the 2016 national lawyers convention. 11: 15 a

mr. schiff is going to be back. have we heard? i want to thank you for appearing today. the committee remains deeply concerned about these issues. we look forward to the ig centcom report and the ig's report on false information and misleading information provided to congress. hopefully, the ig can get to the bottom of these problems and help the committee uncover what exactly has happened here. our robust oversight will continue for the remainder of this year and into the next congress, but i want to thank all of you for your service and your attendance here today. the meeting is adjourned. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] [captions copyright national cable satellite corp. 2016] >> this weekend, c-span's cities tour will explore the literally life and history of pittsburgh, pennsylvania. hear about industrialist andrew carnegie on how his innovative pirit transformed to the steel city of the world. >> he talked about the he started to understand things from an enginee

peter schiff on monday, mr. faber tonight. they are talking about effectively the same thing. will say, the different degrees with each guy, is that they can't tell you what is going to happen. and therein lies the rub. one of the things we said, they might be right, but they might be right from s&p 2500, 2600. there is absolutely no way of knowing. and until somebody can tell me the catalyst -- and by the way, i thought i have seen it a number of times over the last year, year-and-a-half. you know, it's just interesting conversation. but it doesn't really help -- it doesn't help you to make money. >> well, the surgeon stocks has made the cost of insuring your portfolio against decline as cheap as it's been in a while. so is now a good time to buy some protection? mike coe joins us in austin with a vix road map. mike. >> yeah, i think it really is. it's interesting, because, of course, most people who follow the vix realize that the vix index will tend to drop as stocks rise and the vix will go much higher. we can take a look at that and in situations like the one we have had,

mr. trump's choices? nancy cordes is following that. >> you don't want someone, frankly, that can be a hot head at times or erratic. >> reporter: like many democrats, califora's adam schiff used the word "alarming" today to describe the choice of leiutenant general dined wth vladimir putin in moscow. >> his views on russia ought to concern us all, like the president-elect, he's been an apologist for the kremlin. >> reporter: democrats were just as critical of senator jeff sessions, tapped for attorney general. the congressional black caucus called his civil rights record "appalling." luis gutierrez of illinois said, "if you have notalgia for the days when black kept quiet and gays were in the closet, then senator sessions is your man." >> >> reporter: william smith worked for sessions for 10 years. to democrats who say he has a past of making racist statements, you say? >> i say they have-- they don't know senator sessions that well. they haven't been around him. they haven't worked with him. he's a fine guy, never said anything inappropriate, and to chase something that's 30 years old i think is inappropriate. >> reporter: there was less strife over c.i.a. pick mike pom

mr. trump made his appointment and we'll see what happens from there. >> he's got to win senate confirmation. and presumably he'll win senate confirmation. >> i think so. >> i heard adam schiffthe ranking democrat on the house intelligence committee, i interviewed him earlier today. he was very praise worthy of him, saying he believes he is qualified to be cia director. >> he's very respected by myself along with ranking membership and those of us on the committee. i've traveled and worked with him. he's a proud dad like myself. so we'll see what happens. but i will be raising some questions, as i'm sent there to do. i hope he does a good job. >> we did hear from some of these white supremist groups. they thought it was like white christmas already. when you hear that, that's disturbing. >> well, i'm not dreaming of that kind of a christmas. i'm dreaming of the kind of christmas that will bring joy to the world. i think those white supremists, many who have threatened members of congress, including myself, i hope that mr. trump is well aware, i commend him for his condemnations, but the folks he's surrounding himself with has caused me to grow more cautious. he's dog whistli