Budget process, deficits, debt, Health Care Costs, and oversight of coronavirus funding. Ill go ahead and call to order this budget meeting. Good afternoon and welcome. I want to take a few brief opening remarks and then ill turn it over. Then ill turn it over to Ranking Member sanders. We are here today to consider, to serve as the nest director of budget. To serve as the director since there were 20. Teen President Trump nominated him in march as the nations facing a unprecedented crisis, both health and economic from the covid crisis. The office of management and budget paint played a key part, in addition to building the president s annual budget we also to do financial, management grants management, information technology, program assessment, and Property Management just to name a few. Given the vast responsibility over the organization its important to have a senate director in place. Before we hear from the Deputy Director of want to discuss our response to the coronavirus pande
Good afternoon and welcome. I want to take a few brief opening remarks and then ill turn it over. Then ill turn it over to Ranking Member sanders. We are here today to consider, to serve as the nest director of budget. To serve as the director since there were 20. Teen President Trump nominated him in march as the nations facing a unprecedented crisis, both health and economic from the covid crisis. The office of management and budget paint played a key part, in addition to building the president s annual budget we also to do financial, management grants management, information technology, program assessment, and Property Management just to name a few. Given the vast responsibility over the organization its important to have a senate director in place. Before we hear from the Deputy Director of want to discuss our response to the coronavirus pandemic. Congress working with the president to provide needed relief for individuals and businesses and state and local government on a series o
Undoing of progress towards a u. S. China trade deal beijing has responded furiously to a u. S. Vote calling for democracy in hong kong. Government said it would do whatever was needed to safeguard its rule over the territory this after the senate in washington unanimously passed legislation aimed at protecting human rights in hong kong and threatening to revoke the territories special trade privileges with the United States in the event of noncompliance on kong shares ended wednesday morning in the red. 7 tenths of a percent. Well. Hang in taipei so the turmoil in hong kong has already tipped did interest session are there any estimates to what a protracted unrest is likely to do to hong kongs economy. Well just as you mentioned the u. S. Senate just passed the legislation to protect human rights in Hong Kong Well if the bill is finally passed then it would lead to Hong Kong Special through state has been revoked in which case u. S. Would start of you hong kong more in line with Mainl
Moving lower. And republican president ial Candidates Campaign in iowa evover the weekend, but trump faces an indictment over his attempts to overturn the 2020 election loss in georgia good morning welcome to street signs. We have big down trades from asia today Chinese Markets in focus we are watching the hang seng down 1. 5 . Knikkei is down 1. 3 . Investors are focused on all of the commentary from the chinese Home Builders and the issues with the bank loan data for the month of july. Lets get to jason ong who is joining us with more color of what is happening with the overnight markets, jp. Reporter good morning. It wasnt the start of the trading in asia. We didnt have much to go on it was a lackluster handoff from wall street and catalyst and data release to chew on. It is a concern of the chinese Property Market which is keeping people risk off in the part of the world. No one is falling off a cliff. There are losses from the hang seng which will close in a couple of minutes. You
The news is midhour short. Vladimir putin visited the headquarters of the armed forces in rostov. The president spoke with representatives of the Senior Leadership of the ministry of defense, including chief of the general staff valery gerasimov. The supreme commanderinchief was told about the progress of the special operation. An airstrike on the church of st. Porphyry in gazia killed at least 40 people. Dozens of civilians may be found under the rubble. Jerusalem. Called the attack a war crime. The us president will send an urgent request to congress for military assistance to ukraine. Joe biden announced this in a televised address to the nation. At the same time, he called the supply of weapons to ukraine a successful investment in the american future. Russian foreign minister Sergei Lavrov held a meeting with kemchenyn. Diplomats and the head of the dprk discussed the response of north korea and russia to the difficult global situation. Sergei lavrov completed his working trip. Th