That was so controversial they forced a secret vote on whether to keep her in power, a vote cheney ultimately won by a lot. Meanwhile congresswoman greene who built her public reputation as a supporter of anti semitic Conspiracy Theories and straight up Political Violence she got the opposite treatment. Republicans publicly rallying around her after she reportedly apologized for some of her past statements. Democrats are not so forgiving. They are going to force a vote on the House Floor Today that could strip greene of her committee assignments. I want to start with Garrett Haake on capitol hill. What are we going to see with this vote today . Reporter some of that will depend on how congresswoman greene chooses to handle herself going forward. Ill be curious to see if the apology she made Behind Closed Doors to republicans is the kind of thing she might repeat on the house floor in public. We do expect this vote to go forward this afternoon stripping her of committee assignments. Dem
Blake burman as usual following latest from the administration. Well get Lauren Simonetti on the markets as well. Edward lawrence reporting on Small Business from washington. But blake, we start with you. Reporter hi, there, connell, after initially canceling the 5 00 Coronavirus Task force briefing earlier today as the white house did, they put back on the schedule a News Conference with president of the United States in the rose garden next hour to unveil the new testing guide lines that the white house says will be in place come may and june. The white house says that they will be giving all 50 governors everything they need to test at least 2 of that states population. The guidelines call, for example, the acceleration of the research and development of diagnostic tests, the development of Rapid Response programs, the federal government acting as supplier of last resort for the states, implementation of what they say would be a vast monitoring system. Along with Antibody Tests to h
Decade, because revenue came in much short of wall street estimates. Guy absolutely. Lets go back to that dollar story. Youve got cable breaking lower today, through some key levels. We just broken through 1. 28. The retail bounce we were seeing earlier on has faded quickly. Dollaryen, yesterday we were talking about knowing through 110. We are now through 112. Stoxx 600 just off session lows, down by around 0. 4 . The insurance sector in particular a big focus in europe. Some of these stocks really getting knocked to the downside. Vonnie Morgan Stanley has agreed to buy e trade, one of the few remaining standalone retail brokerages. It is an all stock takeover valued at 13 billion. We are joined by our Global Finance executive editor cameron gage. This is a very phenomenal deal, and i am curious as to your thoughts on valuation, given what we have already seen in the brokers space in terms of consolidation. Asking people are whether they paid too much for it, but this goes with goldma
I hope that you send him a dozen roses today because he will not be there to receive them. And you have the armani story. Everyone on global wall street must be focused this weekend on the soap opera going on. Banking is think left, right, and center. And i have a chart looking at the swiss franc. What it means for the further negative. But first, lets get straight to the bloomberg first word news with viviana hurtado. Begin with the coronavirus outbreak. It is getting tougher to gauge the true scope of it because china has provided the data that the death toll was lowered to less than 1400. Now there are more than 53,000 reported. U. S. Officials are stepping up criticism of chinas response. A stunning rebuke of President Trump from one of his most trusted cabinet numbers. William barr saying that tweets and remarks about going ongoing cases make his job impossible. Already vowed to veto a resolution to restrict his ability to wage war against iran. To be passed by the u. S. House, it
I want to look in my terminal here. There has been a baritone going tone going on. Either hedging or protecting against some of that downside as you get to puts for every call. Some defensiveness creeping back into the market. That is an interesting chart. When he put into perspective of this s p 500 chart, it suggests those arising puts to call, it is more of a hedge than a bearish bets. The s p 500 up until not long ago has been stuck in a range. Earlier this year, broke out of the range then truly did so in october, even with the first down week in seven weeks, we are above that range. We have a rising 40 week moving average. We have a rising 200 week moving average. This is a bullish chart. It suggests more gains are ahead. I want to look at another list chart, biotech start. They have been unable. Index rose for the first time in six days, 5 in that time. It is broken up today to a new 52 week high. There is a ton of action under the surface, with drugmakers getting wins and losse