Been configured to maintain 6 foot distances between senators, witnesses and other individuals in the room necessary to operate the hearing, which we have kept to a minimum. For those joining remotely, a few Video Conferencing reminders. Once you start speaking, there will be a slight delay before you are displayed on the screen. To minimize background noise, please click the mute button until you ask questions. If there is a technology issue, we will move to the next senator until its resolved. Again, remind all senators and our witnesses that the fiveminute clock applies. Those of you remote should have a clock on the screen showing how much time is remaining. Well try to give you a gavel reminder when your time is almost expired. To simplify the speaking order process, senator brown and i have agreed to go by seniority for this hoogerheide. With that we welcome our witness steven t. Mnuchin, secretary to department of treasury an honorable jerome powell, board of governors of the Fe
The u. S. Could get a covid19 vaccine before the yearend. Astrazeneca resumes its trial after last weeks pause. Boris johnson growing rebellion as his controversial bill is defended in parliament. Brussels will keep an eye on the development in a call with president xi. A. M. 96 billion worth of deals from pharma to tech. What strikes me is the amount of cash being used to do the deals. Good morning. Certainly a number of deals across the sector. The one im interested in his tiktok. Larry ellison seems to have won the race for the u. S. Business. And then there is the regulatory hurdle. U. S. , the European Union, and china. What do trade tensions mean for this deal . Manus the other thing is Larry Ellison and mr. Trump were closely aligned. Why would oracle by tiktok . I want to focus on the structure of the deal. Three quarters of the gilead deal is in cash. Nvidia, 50 in cash. The oracle deal is about the playing cash, but it is nowhere near what it was in 2015. Good morning. Annmar
President trump, live, unfiltered coverage, on cspan 2, on demand at cspan. Org impeachment. Listen with the free cspan radio app. Next, testimony from financial regulators on oversight and other issues, including Digital Currency, banking liquidity rules and the impact Climate Change could have on the financial industry. Held by the Senate Banking committee, this is an hour and 40 minutes. The committee will come to order. Today, we will receive testimony from the honorable randall quarrels, the honorable mcwilliams, chairman of the fdic and the honorable rodney hood, chairman of the ncua. Welcome to all of you. This hearing provides the committee of supervisory activities of these agencies. Its been over a year now since the Economic Growth regulatory relief and Consumer Protection act and the work of the agencies to implement most of the provisions, including the tailoring rules for u. S. Banks and foreign banks. Your agency should also carefully review the supervisory frameworks an
Not only suggesting another election date. The stoxx 600 down just over. 10 lets dive into some of these sectors as it plays out on the boards technology right at the bottom apple comes out today. We saw some caution on wall street and the sector. Some of those big supplier stocks caution on trade investors are waiting on details. Industrials towards the bottom of the boards. The light ups of some of those big names. Retail stocks trade lower. Household goods, media and Construction Chemicals are in the mix too banks, very important basket today. Going through the numbers of that Deutsche Bank at the bottom. Mixed reaction to those numbers. Utilities. Telco trading higher auto is significant basket today too with the likes of volkswagen that stock surging 7 lets go to the volkswagen news. It has cut its numbers despite reporting 11. 2 rise thanks to Strong Demand for porsche. Adding to gains. 6 higher for stock now. The group needed to be efficient amid weaker global auto demand you ne
We are watching the Worlds Largest jewelry maker. The latest trading figures. Welcome to countdown. I am mark barton. I am anna edwards. I am manus cranny. The start of the program and our top story. In an exclusive russias finance minister says the country is heading that way didnt recession if oil stays at around 45 a barrel. The rush is headed into a recession if oil stays at around 45 a barrel in the Current Situation and talking about 45 per barrel and expected activity for all year long and expect that to be for all year long. Is 45 a barrel what youre working on now . Is one of the possible scenarios. A possible scenario that generally that should be a little bit higher. In case it would be the price the decline would be between 4 5 . How long do you see a recession lasting . It is dependent on the global market. [indiscernible] a positive gdp performance. What does the price of oil stays low around 45 beyond this year . Something like 170 billion [indiscernible] now its somethi