No deal has been reached on the next cove in 19 relief bill despite talks on capitol hill last week. Senate Majority Leader Mitch Mcconnell says lawmakers will get 24 hours notice to return to vote if a deal is reached. You are watching coverage of the senate on cspan2. Dr. Barry bla, will open the senate with prayer. The chaplain let us pray. Eternal god, who rules the raging of the sea, we seek your face in these turbulent times. Lord, help us to so live that the generations to come will know of your mighty acts. Today, give our lawmakers the hearts to seek, find, and follow your will so that their legacy will be exemplary. Guide them in the path you have created, inspiring them with the potency of your powerful presence. May they trust your laws of sowing and reaping, knowing that they will receive a bountiful harvest if they persevere. Keep them from underestimating the power of your great name. Amen. The president pro tempore please join me in reciting the pledge of allegiance. I
Weve lost american businesses, american wealth, and an unbearable number of american lives. A number that will inevitably increase as the number of infections continues to rise. The brutal economic effect of the pandemic has spared no corner of our country. Were living through the greatest economic crisis since the depression, and the greatest Health Crisis since the spanish flu in 1918. So it should not be hard to convince republicans in the white house to provide urgent and necessary relief to the American People. The 3. 4 million in the heroes act was based on the countrys needs which are so large and so diverse. Its not a political position. Its what our country needs, its schools, its businesses, its renters, its homeowners, its post offices, its elections, state and local governments, our health care system. Leader mcconnell doesnt seem to understand this. He sees everything through a political lens, but we democrats are looking at the real needs of people, and they are large. Th
We are living through the greatest economic crisis since the depression, and the greatest Health Crisis since the spanish flu in 1918. So it should not be hard to convince republicans in the senate and the white house to provide urgent and necessary relief to the American People. The 3. 4 million in the heroes act was based on the countries and needs which is so large and so diverse. Its not a political position. Its what our country needs. Its schools, businesses, renters come , homeowners, essel workers, post office, elections, state and local governments, our healthcare system. Leader mcconnell doesnt seem to understand this. He sees everything through a political lens, but we democrats only at the real needs of people and they are large. They are in many different places and that is why we called for a large bill. Because it was needed. Because the American People demanded it. But at this point the American People are on our side. Twothirds by survey data support the 3. 4 billion d
Area that would be good news more vibrant. That would be good news for the small shopkeepers. All of this today is still one big question mark we need to ask on and get answers prudently, and learning from each other. Thank you for that. Let me get you the last two questions. One of them is really wanting you to drill down on [indiscernible] a member of the executive committee for the encounter the atlantic council. Debt drilling down on that agreement, how countries come to the imf for additional assistance. Can you talk about that in detail . Thinking one because i you touched on climate. We have had a number of people, because people are concerned we could lose our focus on climate with Everything Else pointed at us. How do you lead in this area . Kristalina on the debt oneements, moratorium official bilateral debts is being worked out. We expect it on may 1. Progress is being made with private creditors so they can on the basis of a standardized approach. There is no risk of any mo
Why the bernie camp should read shakespeares julius caesar, act 3, scene 1. All that and much more on making money. Charles market back deep in the red after coronavirus fears sparked a major selloff yesterday retreating from early gains. This is about a housing boom i spoke about, a clear sign of the domestic economy doing very well, parts of it in fact surging. To break down what were dealing with today bellpointe chief Market Strategist david nelson and the gartman letter editor and publisher dennis gartman. Dennis, let me start with you. We were up almost 2 pun points out of the gate. I dont think anyone would take the bait if you will but it was driven by good earnings and some Economic Data and it feels like we have two forces at each other right now. Things have been happening with the economy and then what may happen because of the coronavirus. I think you have a number of things you have going on here, charles. Coronavirus circumstance is a major catalyst but you have geopolit