To a Senate Committee hearing looking at college ath lecks and athlete compensation. Live coverage on cspan 3. But in the institutions of Higher Education themselves, and then before that in 1929 a report from the carnegie education was being neglected and commercialism reigned. The ncaa had been formed to protect the safety of players and deal with corruption. Now, my second experience forming an opinion about the subject were talking about today came from my service of that Night Commission when i was president of the university of tennessee. Our Commission Recommendation was that University President s take charge, assert themselves, take charge of College Athletics, to take charge of the huge amount of Television Money it attracted and restore academic and financial integrity to the programs. As a result over the next several years academic standards became more stringent, Financial Support for student athletes increased, college presence asserted more responsibility for financial
President in new jersey and took a look at the fine print. Im providing a parallel tax holiday to americans earning less than 100,000 per year. President trump is trying to defer a 6. 2 Social Security tax for americans making up to 104,000 a year. The taxes would have to be paid next year. I plan to make permanent cuts to the payroll tax. Only congress has the power to issue tax cuts. Republican senator ben faf called the news unconstitutional slop. The president directed 44 million from fema to cover a 300 a week up Employment Benefit for five more weeks with states being asked to cover an additional 100 in benefits. Cbs news asked the president if hes giving people false hope. Mr. President , this is expected to be tied up in the courts, so this is going to be delayed or i think its going to go rapidly through the courts. The president asked for extended relief on Student Loans and delaying evictions. The president repeated a false claim about the act signed by president barack obam
Charlie breaks it for us this hour. Plus, could the tiktok saga be distracting from an even bigger china stock drama . In a countdown exclusive, one of the markets best known and feared short sellers, Citron Research founder andrew left reveals the stock he says is the biggest fraud right now in that country and whether shopify will really add stamp. Com to its cart bus he plus the names hes long on today. The ceo of the second largest gold miner in the world is here. And blitzing covid19 fears. The former nfler whose wildly popular masks he was making way before the pandemic, now has the cdc saying touchdown. Your masks score. By the way, we have some breaking news on a report that the big ten has now canceled its football season. We will ask our nfler about that. He played for the s. E. C. Plus, buffett goes big on berkshire and the latest from chicago where looters are targeting the miracle mile. Lets start the claman countdown. Liz and yes, we need to take you to chicago right now.
College football starts in basketball and you get to root for your alma mater or the team yet come to follow and its a lot of fun. Its gotten to be really big business. There are billions of dollars gamble on College Athletics. Theres billions of dollars in revenue generated from College Athletics, and its all built around a model of amateur athletics. So the fact that a lot of people are making money off amateur athletics, the challenge is, trying to make sure that the Business Model is fair, what you do but the people watching play the sport without destroying the amateur nature of the game . Because most of the people on a College Athletic team, that will be the end of their athletic career in terms of getting compensated. They get scholarships, many of them do, and room and board of them go into the private sector and go on about their lives. But the College Athletic experience is something i want to reserve. There are many people get to share that experience who will not turn it i
Demand answers after its reviled the government knew about the explosives. How the u. S. Military is helping the relief effort. Nra under pressure. Two lawsuits allege the powerful gun groups leadership stole millions from its members. The response and why the organizations future existence could be in doubt. But first, heres todays eye opener, your world in 90 seconds. We call it the china virus. We call it the invisible enemy. We call it many different names. Got many different names, but its bad. The new model predicting u. S. Deaths from this virus will reach nearly 300,000 by december 1st. President trump says he is preparing to sign an executive order if no deal is reached on the Coronavirus Relief bill. It wont be effective. And things will get worse. The new York Attorney general filed a lawsuit seeking to dissolve the National Rifle association. I think the nra should move to texas and lead a very good and beautiful life. President trump signs an executive order to ban u. S. C