Warner who sits on the many minutes committees in the senate and i add a note that senator warner and senator doug jones and senator Bernie Sanders and blumenthal have introduced the paycheck security act which tries to keep hold and to guarantee paychecks for those workers who have been displayed by covid and it is much more direct than anything weve seen before but senator warner, thank you for joining us today. We will bring some other people [inaudible] great to see you. Tell us first about what youve done and why its so important. I think the federal governments response, which has been obviously a record size and speed, 2. 7 trillion directly appropriated, Federal Reserve to another for chilean lending have helped make this crisis at least not worse but still, we now know we have 36 million americans who have lost their job in about 25 million of those have lost their Health Insurance. Study statistics send the Federal Reserves show that the folks who make 40000 or less, 40 of th
You for joining us today. We will bring some other people [inaudible] great to see you. Tell us first about what youve done and why its so important. I think the federal governments response, which has been obviously a record size and speed, 2. 7 trillion directly appropriated, Federal Reserve to another for chilean lending have helped make this crisis at least not worse but still, we now know we have 36 million americans who have lost their job in about 25 million of those have lost their Health Insurance. Study statistics send the Federal Reserves show that the folks who make 40000 or less, 40 of those fellow americans [inaudible] and those who think this will be some de shape recovery are wishful thinking. Obviously the house has had a very ambitious plan and my idea is that we have more progressive to last and similar approaches taken by republican senators that before we simply get rid of the existing buckets lets pause and say lets work around the world and if we look at our euro
The coronavirus pandemic has led countries across the world to rethink manufacturing and supply chains. What steps can we take today and tomorrow to bolster a crisis ready actual Manufacturing Base and how are our policymakers addressing these issues . Joining me now is senator mark warner who sits on the many minutes committees in the senate and i add a note that senator warner and senator doug jones and senator Bernie Sanders and blumenthal have introduced the paycheck security act which tries to keep hold and to guarantee paychecks for those workers who have been displayed by covid and it is much more direct than anything weve seen before but senator warner, thank you for joining us today. We will bring some other people [inaudible] great to see you. Tell us first about what youve done and why its so important. I think the federal governments response, which has been obviously a record size and peed, 2. 7 trillion directly appropriated, Federal Reserve to another for chilean lending
He is the Ranking Member of the energy committee. Here in the studio is bob cusack, editor in chief of the hill newspaper. I want to begin with fridays vote and the procedural moves forced in part by congressman massey. A number of your colleagues became very upset they had to make a trip back to washington to force the vote. What were you hearing . Rep. Walden well, it was unfortunate, unfair and unnecessary. We all get a voting card. We have a right to privileges on the house floor. He exercised his. It was just not necessary at all. We have the votes. We had the quorum in the house, as was easily identified and we moved on. In the end it did not have a delay in effect, but it did discomfort some members. You know, frankly, we are 435 actually we are down a couple of members. There are a lot of members that have certain illnesses and are dealing with things that make them even more vulnerable to the virus. I dont know. It was a waste. It is really unfortunate. Host so did that move p
This is worse than almost all of those days as well. 2008. Well put it in perspective. Im connell mcshane. Melissa im Melissa Francis this is after the bell. The s p 500, the nasdaq both closing down more than 7 . President trump is expected to meet with senior officials at the white house this afternoon amid coronavirus fears. Well bring you any headlines from the president this hour. We have fox Business Team coverage. Phil flynn is watching all the action. That is where the action is, in the oil pits of the cme. Kristina partsinevelos is on the floor of the New York Stock Exchange and blake burman is live at the white house. Phil, im going to start with you. I have some ideas. The president could open up and fill the spr. Hey, that is a great idea. They were selling high a few months ago trying to get rid of it to pay off the budget. Now they could be buying low. That is not the first that happened. President clinton did the same thing. Bought oil from russia when they needed money.