That come back positive has declined very significantly. Last week, roughly 38 of the tests in new york were positive. This week, that number down to is 28 . New cases in new york are down 50 compared to one week ago. Fatalities are down 40 over the same period. In louisiana, the rate of positive test results have declined from 25 down to 15 in the last seven days alone. 18 states now show a decline in the number of positive tests in the last seven days. The last seven days, there has been significant progress. Half of all americans live in states that have now taken steps to open their economies. Just yesterday, governors gavin newsom, california, tim walz of minnesota, and tennessee announced additional plans to restart certain sectors. We ask every american to maintain vigilance and hygiene, social distancing and voluntary use of face coverings. We are opening our country and it is exciting to see. We have a lot of talent involved from governors down to people that just stand there
The likes of which they have not seen since 1933, in the midst of a downturn for the month, the likes of which we have not seen since 2008 here we find ourselves this morning looking at a market that will open lower. Your thoughts . You go up 19. 9 in the s p, you can have two thoughts. One is that was the greatest bull market ever the other is, boy, is this market dysfunctional were not moving the way we should theres very little volume yesterday the machines took the dow up 500 points in the last 20 minutes. Im keying on oil. I think oil is something that the algorithms are keying in i wish there wasnt algorithmic trading, but its here to stay the quants are in charge you know, lets bring back the smith corona typewriter. The quants are in charge, they took it up and now theyll cashier the market and cash it in lets come back to oil for a second it does get lost sometimes in all of the volatility were seeing and our focus on the economic crisis, on the Health Crisis, on the equity ma
Dr. Schaffner we will have to end it now. We will take it to the floor now. [captioning made possible by the national captioning institute, inc. , in cooperation with the United States house of representatives. Any use of the closedcaptioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u. S. House of representatives. ] the speaker pro tempore the house will be in order. The chair lays before the house a communication from the speaker. The clerk the speakers room, ashington, d. C. , march 27, 2020. I hereby appoint the honorable anthony g. Brown to act as day. Ker pro tempore on this signed, nancy pelosi, speaker of the house of representatives. The speaker pro tempore the will be offered by the guest chaplain, reverend dr. Dan capitol worship, washington, d. C. Me. Chaplain come pray with heavenly father, this morning, humblee to remember your servant, 91yearold holocaust rabbi kahn who lost his this week and just two dais ago at
This morning is speeches from senators laying out their positions. Senator Majority Leader Mitch Mcconnell started up the process starting to vote to advance the measure, but that vote hasnt been scheduled. Now to live coverage of the u. S. Senate here on cspan2. The chaplain let us pray. Almighty and everlasting god, mercifully look upon our infirmities, and in all our dangers defend us. Away. We cry out to you and seem to only hear our echos of laments. As our lawmakers reach out to you night and day, enable them to connect to your matchless power. May they find in you a sure refuge, a shelter in the time of storms. Lord, strengthen the weakness of our faith, and give us trust for our trembling and hope for our fears. Give us patience and cheerful endurance and serenity of mind. And, lord, place your Healing Hands upon john bessler, senator rand paul, and others who need to feel your touch. We pray in your great name. Amen. The president pro tempore please join me in reciting the ple
Force made several announcements on the federal response to the pandemic including extending the nationwide social distancing guidelines until april 30. Pres. Trump thank you very much. Thank you. I appreciate everybody being here. Beautiful day in the rose garden. Tremendous distance between chairs. Social distancing, you practice it very well. We appreciate it. Thats great. I want to start today by highlighting several critical developments on both the testing and treatment that will help us win our war against the coronavirus. On friday, the fda authorized a new test developed by abbott labs that delivers lightning fast results, in as little as five minutes. That is a whole new ballgame. I want to thank abbott labs for the incredible work they have done. They have been working around the clock. Normally, this approval process from the fda would take 10 months, even longer, but we did it in four weeks. Abbott stated they will begin delivering 50,000 tests each day, starting this week