Measures of the Federal Reserve is leading the way, after spending trillions buying Mortgage Backed securities, corn rat securities, Treasury Bonds all that sort of thing this is another arrow in its quiver that is not really been explored or to my ive been following these bites here, even explain what a main Street Lending facility will be, but the very talk of it did bring us off our lows. Again, just throwing that out there as one of the reasons why we dipped from down about 280 points to now down about 180 points. Lets get the read in the meantime about the worries for the Market Going Forward here, and that will be in another couple of hours or so, the president outlining his plans to respond to china, presumably on this crackdown going on in hong kong and throwing in their concerns the president has about how the chinese handled the coronavirus, something is up which has a lot of stocks that depend on trade with china down. Blake burman with the latest. Hey, blake. Reporter hi th
Case we have in front of us now and do our good faith best to brbring justice to this situati and we will. The states attttorney gener says the authorities will a actn accordance with the law and the video youre about to see is graphic and may be disturbing to some viewers. S. The officers involved havave al been fired. One pressed his knee into floyds neck for over 8 minutes. He was charged wednesday with Second Degree murder. Protests rippled across the United States with many calling for the others to be charged. Many were peaceful but some engaged in violence and vandalism. The Associated Press reports nine deaths and 9,300 arrests. The city of new york suffered looting every night. The Police Must Stop the looting and the criminal activity. That is the essence of the police force. They are supposed to protect the community and the property. Meanwhile he is distancing himself from the president. Donald trump said he may use troops to quell the protest. Experts say that idea doesnt
Professionals in the grocery of worker who died from covid19 complications. They took about working conditions and what the government can do to improve safety. A half hours. We are talking about the impact of the coronavirus on workers and the steps the federal government can take to better protect these workers. The coronavirus pandemic has already killed more than 90,000 americans, more deaths than any other nation. Throughout this crisis, our nations essential workers have continued to serve their communities at Great Potential risk to themselves and their families. They are the true heroes of this crisis. I am deeply honored that several of these heroes have joined us today. These heroes treat patients who are sick with the virus and comfort the families of those who have lost loved ones. They respond to emergency calls and keep our communities safe. They stock our grocery and drugstore shelves. They keep our transit systems running, and they clean our hospitals and offices to pre
Happening with the vaccine story. Depending on which market you were looking at, one is winning out. Here in europe, the bulk of equity markets are writing higher today, and its been a good week. The ftse 100 being dragged lower by names like hsbc, which is certainly down quite sharply. That obviously relates back to what is happening in hong kong. A big impact there. You can ripple that out into what is happening as well within the commodity space. Copper trading down by over 2 . U. K. , data out of the some deficit data that is terrifying, but in some ways to be anticipated. Again, the market has largely priced that in. We are going into a long weekend. Do you want to carry risk over this weekend . The pound trading 1. 2177 on the cable rate. Vonnie hong kong chief executive carrie lam spoke a short time ago, addressing the unrest caused by chinas new National Security legislation. For more on what carrie lam is saying and what exactly is going on in china, lets get to our first gues
Transportation and infrastructure. Transportation industry representatives testify about their role about shipping personal protective equipment and other essential goods during the pandemic. Today we will hear from these speakers. Thank you all for being here. One of our participants is testifying remotely. Welcome to each and every one of you. We have conducted a series of hearings on covid19. We are hearing those discussions. We are continuing that by hearing about the Transportation Industry. Theave underscored importance of our Transportation Network and moving goods and people safely and efficiently as well as ensuring supply chain fluidity in response to the unexpected events. Manye grateful for the frontline workers who have shown resilience and resourcefulness to help deliver Critical Care supplies to those in need. The transportation sector has countless numbers of these unsung heroes. Introduced a Critical Infrastructure employee protection act. For arcde support frontline C