He is expected as a virus numbers continue to spike around the nation to give an update on operation warp speed and talk about new developments in the race for covid19 vaccine. At the close you look at the numbers, the vaccine helps as well with upbeat corporate profit a rally not far away from a record high, it was flirting with the record, needed to be 470 but lost a little steam in the final minutes of trading, a strong day, the s p that is a recordsetting, closing up by 48point, as it settled in what appears to be the 23rd record close of the year for the s p 500 and we want to monitor the smallcap stocks today and the russell 2000, the russell closing in record territory what is significant for the smaller stocks, the first time in more than two years we have seen a wrestled record, the s p up in the second straight week, adding more than a thousand points. We canoes and big tech brought the nasdaq into the red, those are your numbers as we come to you on a friday, im connell mcsh
Appear remotely via webex. Since some members are appearing in person let me first remind eastern that pursuant to the latest guidance from the house attending physician, all individuals who are attending this hearing in person must wear a Face Covering. Members who are not wearing a Face Covering are not permit today remain in the hearing room and will not be recognized to speak. Let me ask make a few reminders of the hearings. For those members appearing in person you will be able to see members appearing remotely on the two monitors in front of you. On one monitor, you would see all members appearing remotely at once in what is known in w webex as mode. And on the other monitor seeing the person when theyre speaking, including members who are appearing remotely. For those members appearing remotely, you can also see each person speaking during the hearing as well as in person or remote if you have your webex set to active speaker mode. If you have any questions about this, please co
Schuyler cheryl, jason, all the other victims of covid19. But thanks to the heroism of so many frontline healthcare workers, scientists and others were making progress. This progress is possible in large part because of the incredible women a minute hhs, the worlds finest scientists and Public Health experts. I want is a personal thank you to each and every member of the hhs team was contributed to this response and i want to underscore my commitment to the work today. I started my first job at hhs nearly two decades ago, since my first job i recognize and promoted the valley of science and evidence and the Civil Servants who are so dedicated to our mission. That does not mean especially in an unprecedented crisis that there are no debate or disagreements within an agency or an administration. But my highest priority will always be to ensure that our efforts are science and evidence driven and consistent with the rule of law. Institutions like the cdc, the fda and the nih are household
Peter navarro last week on this program on what to expect. The phase four, when you talk about a 3 trillion program by nancy pelosi, you hear from Mitch Mcconnell only 1 trillion, the president is very interested in something on the order of at least 2 trillion with the bulk of that focused on bringing home our Manufacturing Base starting with pharmaceuticals and medical supplies and equipment. Maria and joining us to talk more about what a phase four stimulus plan might look like as well as a timetable, white house Senior Adviser kevin hassett. Kevin, its great to see you, thanks so much for joining us. Great to be here. Maria i know youve done a lot in the way of stimulus, throwing a lot of money at this economy. Assess where we are right now. We saw some very good retail Sales Numbers this week, we saw good jobs numbers last week. Has the recovery begun . Yeah, absolutely, the recovery has begun. I think that, you know, pretty much were looking for an acceleration over the summer if
Peter navarro last week on this program on what to expect. The phase four, when you talk about a 3 trillion program by nancy pelosi, you hear from Mitch Mcconnell only 1 trillion, the president is very interested in something on the order of at least 2 trillion with the bulk of that focused on bringing home our Manufacturing Base starting with pharmaceuticals and medical supplies and equipment. Maria and joining us to talk more about what a phase four stimulus plan might look like as well as a timetable, white house Senior Adviser kevin hassett. Kevin, its great to see you, thanks so much for joining us. Great to be here. Maria i know youve done a lot in the way of stimulus, throwing a lot of money at this economy. Assess where we are right now. We saw some very good retail Sales Numbers this week, we saw good jobs numbers last week. Has the recovery begun . Yeah, absolutely, the recovery has begun. I think that, you know, pretty much were looking for an acceleration over the summer if