Enough. This is half an hour. Okay, hello everybody and thank you for coming, im pleased to be joined by my colleagues, durbin, booker and harris. Let me begin. The Senate Republican justice act is lacking in substance and will to not make the reforms needed to stop Police Brutality against black americans and the reforms that are americans are demanding more from. Since last night, many, most of the leading civil Rights Groups have come out opposing the republican bill and urge the senate to reject the bill calling it a nonstarter. The naacp Legal Defense fund, the urban league, the National Action network, even been crowned, the attorney for the families of george floyd, Breonna Taylor, michael brown, trayvon martin, said do not go forward with this bill, its a nonstarter. We just got a letter signed by the Leadership Conference of civil rights and human rights, we need a group that had the duck, 138 organizations have signed it, all the major civil rights organization, i will redo a
Lines on the approving process for Coronavirus Vaccines. Were going to have the details and why is Contact Tracing failed to live up to the hype . Well get reaction from fox news medical analyst, dr. Nicole saphier. We have a big show for you, folks. Buckle up. All that and much more on making money. Charles all right, folks, markets, i wont say mixed because overwhelmingly most stocks are higher. Boeing holding down the Dow Jones Industrial average. The big story on nasdaq, they found new leadership if it is not facebook one day it is the semiconductors another day. Facebook of course, we know has been in the news but so has boeing which carried the dow yesterday. They lost a major, a big deal, 92 plane orders. Giving up gains they made on the 737 max jet test flight. Bluechips, from new york fed president john williams, he says he is seeing encouraging data that the economy has indeed begun to recover. Whether it is vshaped, he didnt go that far. Overall it has been aim press sieve s
In demand for oil. Francine it is amazing. F you look at the price he was gloomy and said this was serious. Interesting is that all of his modeling shows there will not be enough Storage Capacity because demand will fall so much. It is based on every country not cheating. If a country needs to balance its books you might open the taps a little bit even if the price of oil is low because you need the export revenue, but that may make things worse. I think thats what he was trying to convey to us. Tom no question about that with oil. Jonathan ferro was talking yesterday about the global contraction in oil. In new york city here is viviana. Report on the impact of coronavirus on the oil market. This year oil demand will plunge by a record of 9 . The executive Director Director on surveillance moments ago. This will for efforts by the opecplus coalition to contain the rush of crude. Shrink byill almost a third. Toald trump halting payments the World Health Organization, he blames them for
That was almost a bad situation right then. Good morning, everyone. Take iq for your presence here. We had a very robust discussion at the caucus meeting, at the growing threat that is presented by the coronavirus. The coronavirus, its clearly a national emergency. It requires an all hands on deck approach. It requires engagement from everyone, democrats and republicans, from the house and the senate, the white house, and the administration. It requires engagement of the city, state, and federal level. House democratic caucus, great leadership from Speaker Pelosi and steny hoyer, and our members are committed to making sure that we do Everything Possible to both contain the virus and mitigate it as it emerges in jurisdiction after jurisdiction. We heard from chairwoman nita lowey and our goal is to make sure that we do not leave washington this week without an allocation of resources to deal with the coronavirus. It is our expectation that that number would be substantially greater tha
Efforts to combat the Opioid Epidemic. Public Health Officials from five states testified on prescription take backs, needle exchanges, and access to opioid overdose drugs. Subcommittee of oversight investigations is holding a hearing entitled a Public Health emergency, state efforts to curb the Opioid Crisis. The purpose of todays hearing is to examine state efforts and successes addressing the Opioid Epidemic as well as opportunities for future support. Just to let everyone know, the reason were getting a little late, the plane was delayed but now dr. Scott is on her way. So, we will swear in the witnesses when we get to that point. If we have to do that one later, we will. The chairman will now recognize herself for an Opening Statement. As i said, today, the committee continues this bipartisan efforts to combat the Opioid Crisis. As we know, the countrys in the midst of an epidemic unlike any in recent history. According to the centers for Disease Control and prevention, from 1999