Subcommittee will reconvene. Hearingthe most clunky ive ever participated in, let alone chaired and that is saying a lot for the United States senate, so i apologize for our way to our witnesses, but to all who are paying attention, how challenging it has been with the series of votes. Senator cantwell is next to question. Cantwell thank you for inviting a witness that is both in kansas ander a Washington State residents to boot. I do want to work with you on the manufacturing workforce workforce issue that you and senator warner introduced keeping the supply chain and aviation manufacturing. I appreciate this hearing and i know we are dealing with an increase in the number of cases and challenges we face. Im very proud our state has kept our rates of infections and hospitalizations down, and appreciate the ongoing efforts but im also impressed by the manufacturing efforts in our state. Everybody working together. Outdoor research converted one of its seattle facilities into making sur
Runs just under two hours. Good afternoon, everyone. Thank you for being with us, or being near us, at least in the technology since. I welcome all of you to todays hearing that weve entitled, examining the response to the covid19 pandemic. The subcommittee at the sound of the gavel will come to order. As the nation continues to fight the unprecedented Public Health crisis, americans worked to protect against further spread of the virus while trying to maintain a certain degree of normalcy, including maintaining a job and earning a paycheck. There is not a corner of the u. S. Economy that has not felt the impact of the pandemic todays discussion will talk about the harmful effects on the Manufacturing Sector. During this pandemic, many in the Manufacturing Community have adapted their operations to help provide products needed to prevent the spread of the virus. Distributionlesale company that pivoted to manufacturing face masks in response to a dire National Supply shortage, or a cart
David hawkings is the editor in chief. There are leadership elections. Explain how they go about the two parties electing their leaders and can we see any changes . We will see some so, they meet in caucuses, different causes. No surprise here. The things are happening a little bit differently this year because of the pandemic. The Democratic Caucus which is happening the first of the meetings is happening today. There is a virtual opportunity for members to stay home, stay in their districts and cast the votes in the upcoming leadership elections using a secure app that the democrats have come up with. We wont see any changes at the top. The republican leadership, kevin mccarthy, steve scalise, maybe, maybe not liz cheney, thats staying the same. Were not seeing any changes at the top there either. Remarkably long run of nancy pelosi as the leader and jim clyburn of South Carolina as number three, thats all continuing. Thats continuing for a into a 16th year. Its a remarkably long run
In 34 states, the 70 average of new cases is higher than a month ago. Australia set to lay out a big spending budget to revise the economy and generate jobs. Today. Also makes it shery heres how markets are looking right now. U. S. Futures opening flat after u. S. Stocks rose in the regular session. They ended the session at a three week i. We have the s p 500 and the nasdaq and the dow beginning more than 1 . The nasdaq composite so its best in almost a month. We have the s p 500 closing at session highs. We had optimism over a potential stimulus package. Nothing mentioned President Trump being released from hospital tonight. Regeneron rallying after President Trump was given their experimental antibiotic treatment. Energy was a big gainer. Take a look at wti which is above 39 a barrel and continues to gain ground at the moment after the largest jump since may, rallying in tandem with the equity markets. Lets see how things are shaping up for the asian markets. Here is Sophie Kamarudd
Firmly in the red here nasdaq is up 104 . Up 3 this week alone. Only tuesday coming up on todays show kraft is trading higher. Of they outline two billion in cost cuts and selling off part of the cheese business not all of the cheese business and some confusion as to which cheeses go and which stay. Well find out why the companys president about those moves will join us to discuss whether lack of fresh stimulus can impact and speaking of stimulus, former treasury secretary jack lew will join us and his article calling for more than 2 trillion in government spending. We begin with breaking news on apple. It is much anticipated event unveiling a new number of products we have the latest josh so a lot of news in that 60 minutes of apples show today. Start with the new hardware. That new ipad air. It is going to start at 599 available next month 10. 9 inch display with a huge boost in performance we know the ipad is a hardware line clearly benefitting from that work from home trend apple w