You uphold the universe by the words of your power. Today, walk with our senators as they work. Help them to remember that there is no purity without vigilance, no learning without study, and no mastery without discipline. Give them the wisdom to be willing to pay the price to honor you. Provide them with joy in service and devotion in discipleship. Infuse them with a spirit of power, love, and selfcontrol. We pray in your mighty name. Amen. The president pro tempore please join me in the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam president . The presiding officer the senator from iowa. Mr. Grassley one minute in morning business. An oped i penned recently mentioned countries that still has laws on the books and it touched the nerve in bangladesh. I certainly didnt mean to imply that it was the worst off
Georgias kelly love letter will be one of our guests. All that and more on making money. Deirdre the white house is asking congress for more than 800 billion. Were going to take you right there. Hillary vaughn is standing by. Hillary, any new details . Reporter deirdre, yes, specifically about the 850 billion. Were learning that part of that, 58 billion, could be allocated to just the Airline Industry alone. That is according to John Roberts Fox news is reporting but i also asked secretary Steve Mnuchin today if theyre looking for providing economic assistance to any other industries that could be impacted, particularly the Restaurant Industry . He tells me that is on the table for larger Relief Program for small, mediumsized businesses including franchisees. Secretary ma. Looking to send checks to americans immediately. What we heard from hardworking americans, Many Companies shut down, whether bars or restaurants, americans need cash now and the president wants to get cash now. I mea
Thats the anxiety indicator, if you like. This morning, the yield is back up to 1. 00 . Ashley back up. Stuart back up, thats right. Well above the extraordinary lows that we hit yesterday. That would be record lows that we did touch yesterday. 1 even on the tenyear treasury. How about the price of gold, another flight to safety. Actually its down again, off two bucks at 1641. Okay. The primaries. A great night for joe biden. He won nine states including texas. He now has more delegates than bernie. Sanders did win california, but late deciders swarmed to biden. Bernie might not have won california if the two million early voters had just waited. Bloomberg did very badly, only winning American Samoa. His campaign is quote, evaluating its future. One of my colleagues at fox said never had anyone spent so much to achieve so little. Elizabeth warren, ultimate disaster, third in her home state of massachusetts, fourth in her native state, oklahoma. It was joes night. Hes back as a contende
Remember your promise to never leave or forsake us. Finding power in your presence, give our senators the ability to discover solutions to the problems that confront our nation and world. May they strive to make a positive difference for all americans, permitting your light to illumine the way. Lord, provide our legislators with a new vision of faith and a fresh venture of hope as they seek creative ways to help a troubled world. We pray in your powerful name. Amen. The president pro tempore please join me in the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam president . The presiding officer the senator from iowa is recognized. Mr. Grassley i would ask permission to speak for one minute in morning business. The presiding officer without objection. Mr. Grassley this month is iowa history month, and for iowa
Appear to be lockdowns in a number of italian cities, thats reason enough for not only in this country but certainly in europe for hotels, airline stocks, casinos, and cruise lines to be taking it on the chin here. What is interesting, before i get the read here in the United States, is what has happened to European Airlines like easyjet. That is the discount budget carrier. That is down an excess of 13 . Ryanair, 13 . Deutch lufthansa close to 10 . Air franceklm, about 9 . I could go on but just to i illustrate what is impact here on percentage term is bigger impact there the selloff is revisiting session lows. Right out of the gate we were down close to 1000 points. Right now, the dow underwater for the year with 922 point hit. Deirdre bolton at New York Stock Exchange. Reporter neil, were negative on the dow and awfulally close on s p 500. We need to hit 107 lower to completely wipe out the gains from 2020. Let me tell you some groups. You covered some weighing on these markets. If