Chief of staff. Now, live coverage of the u. S. Senate. Vice president under the previous order, the senate will consider the following nomination. The clerk nomination, general charles q. Brown, jr. , to be chief of staff and general of the United States air force. The Vice President under the previous order, the question occurs on the nomination. Is there a sufficient second . It appears there is a sufficient second. The clerk will call the roll. Vote vote vote the Vice President are there any senators wishing to vote or to change their vote . If not, on this vote, the yeas are 98, the nays are zero. And the historic nomination of general charles q. Brown, jr. As the United States air force chief of staff is confirmed. Under the previous order, the motion to reconsider is considered made and laid upon the table and the president will be immediately notified of the senates action. Mr. Alexander madam president . The presiding officer the senator from tennessee. Mr. Alexander thank you
Welcome to the twilight of the index funds. I think thats the great untold torrey er t story. For years, lots of very smart people told us that index funds were the best, if not the only way to invest. Instead of trying to beat the market, they argue that you should just buy a cheap indecision fund that mirrors the s p 500. But sometimes trying to mirror the market is a bad strategy take the s p 500 you have to own so many havenots along with the haves during this pandemic its changed everything. That at best now, with the coronavirus, youre betting on mediocrity why would you want exposure to troubled Industries Like retail, oil and gas . I know the index fund orthodoxy will never truly be defeated because theres a kernel of truth in it. But man, in this environment, where you cant go out and spend money without fear, even if you just got a 1200 check from the government, youdont have to b a genius to know that the cruise lines are untouchable. But what about the winners, though, what
Activity as Economic Activity grinds to a halt here in the u. S. , the white house calling for half a trillion dollars in direct payments to taxpayers and says we could see bailouts for airlines, hotels, and cruise industries, all the sectors getting crushed in todays market and crude oil down a staggering 23 . Now trading just above 20 a barrel we have every angle covered for you. Bob pisani is on the floor of the New York Stock Exchange. Kayla is in washington with the response to lawmakers. And were covering the latest on the virus itself bob, first to you on another roller coaster ride today here at the Stock Exchange. We have a quiet morning i say relatively quiet, it was down 6 tach take a look at the s p i urge you to watch it emotionally. He said we need a 30spring break. This slow rollout of a shutdown is not working market dropped quickly to the lows of the day. We hit the Circuit Breaker at 12 50 eastern time, 15minute pause. We reopened. We have not dropped to the he second
[please stand by] i pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation, under god, indivisible, with liberty and justice for all. President hirsch would like to take call . Yes, thank you. Phones off please. Vice president taylor is excused. [roll call] president hirsch, you have a quorum, also with us are chief scott and director henderson from the department of police accountability. Thank you. Good evening. Happy new year to everybody. I want illike to congratulate the mayor on starting her first day of her first full term. We have a full calendar, so there will be two minutes for Public Comment. With that, we are ready to go. All right. Administratively, line item 2c and closed session 9b has been removed from the calendar or for the agenda. Line item 1, to ask of minutes, action for the meetings of december 4 and 11, 2019. 2c, the Youth Commission requested that we put their comments over by a month because they were n
From the department of police accountability. Thank you. Good evening. Happy new year to everybody. I want illike to congratulate the mayor on starting her first day of her first full term. We have a full calendar, so there will be two minutes for Public Comment. With that, we are ready to go. All right. Administratively, line item 2c and closed session 9b has been removed from the calendar or for the agenda. Line item 1, to ask of minutes, action for the meetings of december 4 and 11, 2019. 2c, the Youth Commission requested that we put their comments over by a month because they were not prepared, is that right . Yes, they didnt meet due to the holidays. Okay. All right. One or two . 2c and closed session. And 9b. Thank you. Okay. First item again, please . Adoption of minutes for december 4 and 11 so moved. Second. Any Public Comment on our adoption of the minutes . Seeing none, it is closed. Can we have all in favor . Aye any opposition . All right. It passes unanimously. Line item