The s p up 11 the dow up nearly 13 on pace for its best month since january of 1987. The nasdaq up about 12 . Check out the small caps because the russell 2,000 is up almost 21 in november alone. Thats the stock world but, melissa, our other favorite topic, bitcoin thats been moving a lot, too. Maybe joes favorite topic, at least bitcoin after recently hitting 16,000 were seeing it recoop some of those losses in recent days its up by almost 2 today, above 18,000, 18,540 guggenheim is reserving right for 5. 3 billion Macro Opportunities Fund to invest up to 10 in the Gray Scale Bitcoin Trust which is only invested in bitcoin and of course this follows many large investors including stanley drunken miller voiced support for this krip cro currency, joe. Yes, it has been getting traction interesting recent trading and good to see you, melissa and andrew its tough to come back from vacation, but having you here, melissa, i dont know, it just makes me feel very, very comfortable, happy my he
Soaring today. Meg tirrell with details. The bar was very high for moderna after pfizers efficacy last week. Mad earn moderna met the 94 percent efficacy and will seek the fda emergency authorization in the coming weeks. We just talked to the doctor who has been leading the vaccine and Drug Development as part of operation warp speed about the significance of this moment, really seeing two vaccines in a row at this high level of efficacy heres what he said. Its an extraordinary outcome, frankly, to have two different vaccines tested in different conditions by two Different Companies developed independently yield very similar outcomes this gives a huge confidence into the data obtained and really suggests that the 90 percent and more efficacy is true and real. But of course, melissa, as were getting this extremely good news it comes at a time in the pandemic when weve never been seeing more daily cases, were seeing 140,000 a day on average right now. And were seeing more and more people
[inaudible conversations] [inaudible conversations] [inaudible conversations] the committee will come to order. The gentleman from illinois mr. Foster is recognized for five minutes. Thank you, madam chairman. Mr. Scharf, iraq with the concerns my colleagues on this committee about the extensive shortcomings of west fargo over a number of years past and do hope you are as committed and as successful in turning your dash as you stated in your testimony. Id like to bring up the issue of dreamers. This is ang issue that hits cle to home. Last summer a dreamer from illinois filed suit because he was wrongfully denied an auto loan because of his daca status. I was glad to see some of the changes that wells fargo has decided to implement recently including its plan to provide Daca Recipients with credit products, education loans and mortgages. I cannot emphasize enough how important this commitment is and hope you worked work diligentlo implement this new policy. Because this release is one
Order. Without objection, the chair is authorized to declare a recess of the committee at any time. This hearing is entitled Monetary Policy and the state of the economy. I now recognize myself for four minutes to give an Opening Statement. Id like to welcome back chairman powell. As i discussed earlier, and at our last hearing with you, i remain very concerned about the president s efforts to interfere with the feds independent Monetary Policy. A recent news story noted that trump has tweeted over 100 times about the fed since your nomination. Many of those tweets appear to be attempting to exercise pressure on the fed. Chairman powell, you and the fed board of governors must not be swayed by these aggressive tactics in upholding the feds independence you should be mindful of public perception. Of course, trump continues to try to claim credit for Economic Growth that was put in motion by the policies of president obama Congressional Democrats and the Federal Reserve, irresponsible tr
3, but its something that we all want to get done and itll selfmade billionaire although we debated that on the show in the past, kylie con, be a tremendously big deal, this maria thats amazing, thank is something special, however, to manufacturers, farmers, you, cheryl. Quick break and then arrested again, the irs going after bankers, service people, nobody attorney michael avenatti, wait has ever seen anything like it, this is the biggest deal there is anywhere in the world by far till you hear this one, rocking and thats good, we are doing with your pets, spotify play another big one next week, this is the biggest deal anybody has list for Furry Friends and not ever seen. Maria and steve forbes one of so Furry Friends, weve got it. The big parts to this is the fact that Financial Services companies will be operating their own banks and financial as a struggling actor, Services Companies 100 wholly owned and this money that visa, i need all the breaks that i can get. At liberty butch