Off its good to have you with us there is positive news tonight in the fight against the pandemic and anti Coronavirus Vaccine developed jointly by the u. S. Farmers who tickle giant pfizer in germanys buying on tech is 90 percent effective in preventing covert 19 infections thats what the drug maker said today and this is the most successful trial so far of any vaccine and the Companies Say that they have found no serious safety concerns they hope to supply 50000000 doses this year and up to 1300000000 doses in 2021 and they plan to seek authorization this month for emergency use of the back seat in the United States several other possible vaccines are also being tested around the world. Well here in Germany Health officials or welcoming the news of a potential vaccine but theres debate over who should be vaccinated 1st. Germany is in Lockdown People and businesses a facing tough restrictions at the moment strict controls are the only measure to keep the pandemic at bank one way there
Today we are going to start a week of starting specifically prof. Curry today we are going to start a week of starting specifically about the Electoral College, what it is, how it works, why its important, why most political scholars hate the Electoral College. With the book, hopefully you have read most of that if not all of it, you get an argument against the Electoral College but its a useful book because , he lays out all of the common arguments for it as well, which i think is helpful for allowing each person to make up their own mind about what they think about this institution generally speaking. I do a whole week on this one because its how we elect the president , but very few americans understand the process. If you take a course in the american presidency, you should probably walk away understanding how this process works. But also because its really important in how it structures how elections turnout. Just like how we started our discussions of president ial nominations by
First wave of the coronavirus pandemic. Austria is doing well as well. Are seeing the dollar at levels that we have not seen for Something Like two years. The falls in the dollar taking place overnight. Yenre seeing the japanese clamber up as well, reaching the 104 level. 103 yen. Terry gou. That is the current position. Kong is declining just a fraction at the moment. That is where we are without one. That is where markets are standing. Haslinda. Lets get back to our top story. President trump has attacked the credibility of the election, challenging counts and nevada, pennsylvania, georgia, and michigan. Speaking at the white house, the president made several claims and said that the election is being stolen from him. We will not allow the corruption to still this election or any election in that matter. We cannot allow anyone to silence our voters. Haslinda joe biden is urging patience and saying that he is no doubt heading to victory, in an election that hinges on seven states. Mr.
Comptroller of the currency, the Senate Banking Committee Received a 6month update on the state of Banking Systems, the impact of covid19 and support for Small Business owners in communities of color. This runs an hour and 45 minutes. Today we welcome to this virtually hearing the federal prudential regulators, Federal Reserve vice chairman Randal Quaries, office of the comptroller, brian brooks, chairman of yellen and mcwilliams, chairman of the National Credit administration rodney hood. We will receive testimony from each agency on efforts, activities, objectives and plans since we last testified before the committee. As well as an update on covid19 related actions. Since the passage of the coronavirus a relief and Economic Security act or cares act your agencies have taken many meaningful steps to ameliorate the Economic Impact of the pandemic as you provide conditions that will lead to a forceful recovery. On october 30th the Federal Reserve announced changes to its facility inclu
Tesla getting set to take off. And tesla is up 9 today. Were going to take a look at the growing musk empire. And booming sales at walmart and home depot but the stocks not getting that same boost today. Power lunch starts right now welcome once again to power lunch, im john fort boy, its hard to swim up stream in the amazon. Cvs, wall green, right aid and dorsey and zuckerberg and ceos testify in front of the senate one bright spot in the s p 500, cruise stocks as norwegian is near the high of the session for more on the market action, lets get to bob pisani. Hello, john its sort of a choppy, indeterminate day. The market cant quite decide what it wants to do today. Weve had a great run in bank and material stocks. The cyclical names have done really well recently those are on the weak side today. Tech is kind of flattish overall today here and then we had Energy Stocks and reits. So energy has been holding up very well today and so has Real Estate Investment trusts on top of that. Te