Measures of the Federal Reserve is leading the way, after spending trillions buying Mortgage Backed securities, corn rat securities, Treasury Bonds all that sort of thing this is another arrow in its quiver that is not really been explored or to my ive been following these bites here, even explain what a main Street Lending facility will be, but the very talk of it did bring us off our lows. Again, just throwing that out there as one of the reasons why we dipped from down about 280 points to now down about 180 points. Lets get the read in the meantime about the worries for the Market Going Forward here, and that will be in another couple of hours or so, the president outlining his plans to respond to china, presumably on this crackdown going on in hong kong and throwing in their concerns the president has about how the chinese handled the coronavirus, something is up which has a lot of stocks that depend on trade with china down. Blake burman with the latest. Hey, blake. Reporter hi th
presence. nancy pelosi has been supporting taiwan for decades and it is very important for me as a taiwanese to be here tonight to welcome her. reporter: others accuse her of escalating tensions. translator: right now, pelosi and the united states are treating taiwan as a chess piece. once she land, china will retaliate using their own methods. reporter: china s foreign ministry spokesman called her stop in taiwan, a serious violation of the one china principle that will have a serious impact on the relations, and they said that cyber attacks took some sites off line. and no immediate claim of responsibility. the mainland communist rulers have never controlled the island of almost 24 million people, and they refuse to recognize the democratically elected government, and china says they sent 24 warplanes into the air space tuesday part are calling a bullying, and economic power to isolate the island. in a washington op-ed shortly before her arrival, pelosi writes, that
international waters and air space of the south china sea. last month china also refused a meeting between secretary of defense lloyd austin and his counterpart on the sidelines of the defense conference. i think it is important that countries with a significant military capacity and capabilities have the means to talk to each other. reporter: china s foreign ministry called the first day of meetings candid and krunkts diffe constructive, but said the self ruled eisland presents the biggest risk. blinken planned to address concerns about china s aggressions toward taiwan among a whole host of other issues including three americans wrongfully defended in china and fentanyl precursor chemicals originating in china. number one killer of americans. think about that. last year we seized enough
presence. nancy pelosi has been supporting taiwan for decades and it is very important for me as a taiwanese to be here tonight to welcome her. reporter: others accuse her of escalating tensions. translator: right now, pelosi and the united states are treating taiwan as a chess piece. once she land, china will retaliate using their own methods. reporter: china s foreign ministry spokesman called her stop in taiwan, a serious violation of the one china principle that will have a serious impact on the relations, and they said that cyber attacks took some sites off line. and no immediate claim of responsibility. the mainland communist rulers have never controlled the island of almost 24 million people, and they refuse to recognize the democratically elected government, and china says they
to sensetive time for xi jinping who is running for a unprecedented third term, and, jake, this is going to set the scene for him to be president for life, and theoretically, and so important to president xi that there be calm and peace, and for nancy pelosi to be showing support for the government in taiwan, that is why we are seeing the military exercises and some of them within miles and earshot of the taiwanese coast. and let s bring in max baucus who was the ambassador to taiwan, and so, the chinese ministry released a statement on the speaker s visit and he said these moves like playing with fire are extremely dangerous, and those who play with fire will perish by it.