I am jeffrey rosen, president and ceo of this wonderful constitution, the National Constitution center. We recite our Inspiring Mission statement to prepare for the discussion ahead. National Constitution Center is the only institution in america chartered by congress to increase awareness and understanding of the u. S. Constitution on a nonpartisan basis. I want to share with you some upcoming programs. On october 12th, we have a discussion of the most contentious president ial elections in american history. Particularly 1876 and on october 15th we will be joined by Robert Putnam who discusses his new book the upside, how america came together a century ago and how we can do it again. You can register for these programs or watch them live at Constitution Center. Org. We will take questions throughout the program so please put them in the q and a box. I will ask them after we have a chance to chat for a bit. It is a great pleasure to introduce our panel in a mathematical order. Adam co
Peters, and delivering the opening statement, a minute to acknowledge the United States passed another milestone that we have lost 200,000 americans to covid19. Our hearts go out to their families, husbands and wives, mothers and fathers, children, grandchildren and grandparents. Americans everywhere must fight to stop the virus from spreading, to protect millions more from experiencing this loss. As members of congress we will go to republicans, all united to be our part. We turn to opening statement, unlike every hearing, in the u. S. Congress economic committee, simply explore economic issues. We will focus on Public Health. With the closing of coronavirus is in march causing unemployment in april, democrats reset some of those Public Health experts in the country. Two all two nobel prize laureates, 5 former chairs of the president s council of economic advisers and 3 were president of the National Economic association over 2 dozen in all. Every one of them have the same urgent mess
Substance, feeble in fact. That the court notwithstanding that strict scrutiny virtually always ruled for the government. Were going to leave this recorded program at this point. You can watch it online at cspan. Org. We go live now to a joint Economic Committee meeting looking at the impact of covid19. Watching live coverage on cspan3. Senator peters from michigan and many others who will be joining us from the house and the senate. Before i deliver my opening statement, i would like to acknowledge that today the United States passed another sad milestone that weve lost more than 200,000 americans to covid19. Our hearts go out to their families, to the husbands and wives, mothers and fathers, children, grandchildren, even grandparents. Americans everywhere must fight harder to stop the virus from spreading so we can protect millions more from experiencing this loss. Members of congress and members of this committee, were all united to do our part. With that, let me turn it over to our
Those gains. Tesla is trading above 1000 a share for the first time. I want to point out the dollar in yields. The dollar has been a proxy for Risk Appetite and Risk Appetite is higher when it is weaker. The fact that the dollar is weaker again signals are not entirely risk off day but you have yields moving lower by about four basis points ahead of the fit decision. Are sensitive to whatever the fed says or does. Yields were moving up yesterday. Seems to have come off a little bit today. Kailey you are seeing yields move lower and the curve flatten out a bit after the dramatic steepening we had seen. The bond market will be hanging on any word the fed may say about possible curve control from economists we talked to on Bloomberg Television. It does not seem like they are expecting a lot on that yield curve control, but that is definitely a market waiting and watching to see if we will get anything there. David thank you so very much. That is kailey leinz reporting on the markets. Toda
Come. After closing doors seven cisco businesses have a timeline and can strategize how they will reopen. The good news were going to talk about businesses i can resume. Reporter the mayor laying out a timeline for reopening. Businesses already are starting curbside service. San francisco chamber of commerce said that the dates are critical, giving us owners a chance to rehire workers and stock up. Its good for businesses because it gives them a timeline and a level of certainty to be prepared to reopen. Reporter San Francisco is allowing businesses to reopen for curbside service, and today apple stores reopened. An important step since those stores are anchors for nearby businesses. Is still important for the foot traffic in the vitality. I think as we see them reopen we will see people drawn back into union square and shopping there. Reporter in phase 4 thats where we would see thousands of people coming together for concerts and sporting events. At this point no date has been set. W