Chair, Opening Statement of the Ranking Member, Opening Statement from chairwoman waters, the witness of will be introduced, witnesses were given Opening Statement then will have two and a of witnesses and adjournment. The title of todays hearing is protecting homeowners during the pandemic oversight of mortgage servicers implementation of the cares act. Without objection that shares authorized to declare a recess of the subcommittee at any time. Also without objection members of the committee who are not members of the subcommittee may participate in todays hearing for the purposes of making an Opening Statement and asking questions of witnesses. Members are reminded to keep their video function on at all times, even when they are not recognized by the chair. Members are also reminded they are responsible for muting and and getting themselves. I think this is something thats worthy of repeating because i have made the mistake of not honoring this responsibility. I hope i dont make tha
All of our team members in the back or making this happen, thank you so much. So we are going to keep the program rolling. You. Candidate is senator Bernie Sanders. Please join me thanks for being here senator. Here. A lot of love for you today, mr. Senator. This. Jump so you have done such a great ow of clearly articulating h to enact your Economic Policy agenda in the face of g. O. P. Opposition. My question is as president , how would you also persuade or work around those who dont agree with you to protect and expand especially reedoms on abortion care. I is there still room to endorse candidates who do not support this constitutional right . I believe that you had two issues, number one you wanted democrats to regain control of the house and about 98 of the house i believe is prochoice. I think right now, given the attacks that we are seeing in recent years on planned parenthood in particular, and on abortion rights in general, i think what we can do and must do is find candidates
Equities are trading now. Just under 13 minutes to the close. Here, im looking at the guilt yield curve. Whatcommentary about the flattening of the curve means. We are looking at the flattening. Is it a question of the market mispricing the event of brexit . Lt money moving into gi markets . Off the comments of mark carney saying he is worried about the impact of brexit on the economy. Not be rushing to raise Interest Rates anytime soon. Here, i have a trend channel chart for sterling. We had been seeing sterling extend its losses. It has gone below 127. 126. 17 right now. The pound might extend. It has dropped for the longterm support. On the one hand eight dovish boe, on the other hand a hawkish fed. Sterling below is more than a week in todays session. If we look at what else i have here, i want to show you european stocks. The charts are not coming up, but we are watching the stoxx 600 trade lower. Posting losses after two days of gains. The dax hit a record coming off of those hig
With the bank of england decision not to do anything with Interest Rates. News and we have breaking with a potential deal. Beyer raising its bid for monsanto. Spurred the first deal as too low. There has been a lot of speculation about raising the bid and now it has. We will see if they come back and accept the deal. We saw a spike in the shares when these headlines came out. Came back down to some extent although still 2. 5 higher on the session. 120 twol far below dollars or 125. Seeing a rally to record levels of the dow and s p 500. The dow has been leading percentagewise. 2100 64 on the s p 500, a new intraday record. We have seen quite a streak for u. S. Stocks. We saw a gain of five Straight Days where the s p 500 has been climbing. As you can see, we are up 3 over that time. In todays session, jpmorgan helping matters. Beating estimates for banking revenue. It has been pulling up other banks. Wells fargo and citigroup will be out with the numbers tomorrow. Other finances are al
Similar gains for italy and spain. If you check out the currencies, thats where so much of the real volatility has been taking place, you can see that the pound is higher versus the dollar. Its trading at 1. 4635. The dollar is up against the yen at 104. 44. Finally, check out crude oil prices, crude down by a dollar last week with real concern on what was happening there. And that added pressure to equities last week. This morning, wti is up by 1. 5 . The gain is 73 cents to 48. 71. A couple stories we are watching this morning, Indias Central Bank chief announcing hell step down when his term ends in september. The news was not expected. Rajan has been popular with Foreign Investors and took control of Indias Central Bank in 2013 when the country faced the worst currency crisis since the 1990s. But faced creditism from the ruling party for not lowering Interest Rates enough. And he announced sweeping reform rules. This clears the way for apple to open stores in the country. Shares fo