The speaker pro tempore for what purpose does the gentleman from california seek recognition . Mr. Speaker, i move that the house suspend the rules and pass the bill, h. R. 5322, the ensuring diversity in Community Banking act, as amended. The speaker pro tempore the clerk will report the title of the bill. The clerk h. R. 5322, a bill to establish or modify requirements relating to Minority Depository Institutions, Community Development Financial Institutions, and impact banks and for other purposes. The speaker pro tempore pursuant to the rule, the gentleman from california, mr. Sherman, and the gentleman from sk, mr. Timmons, each will control 20 minutes. The chair recognizes the gentleman from california, mr. Sherman. Mr. Sherman mr. Speaker, i ask unanimous consent that all members may have five legislative days within which to revise and extend their remarks on this legislation, and to insert extraneous material thereon. The speaker pro tempore without objection. Mr. Sherman i yi
Tiktok. Thatow we are hearing thiller. And of 49 fortnite, apple says it is terminated ebix developer account. Developer account. A lot going on. The fed, the prime and a strut japan stepping down. Earnings. The ending of the Republican National convention. Walk us through what has impacted the day. So much and all of it ended in record high for the nasdaq and s p 500, investors encouraged by the fed latest policy shift, the idea that perhaps it is reinflationary in nature, stocks respond in kind. Apple, this is interesting, over the last two days apple is underperforming, down the last two days 1 , closing a little as were mentioning now, terminating the epic caliber account in the midst of the developer account went epic refuses to pay the 30 fee. That apple is standing up for that along with alphabet shows they are forcing developers to comply with roles. It will be interest rules. Im not sure how this would impact the bottom line for apple but it must not be all that much. You ment
Annualized basis. Slightly less bad in the estimates. They do expect a contraction of more than 20 . Nonetheless, the nikkei up 2 . You looking at u. S. Jobless claims and payroll, adding urgency around stimulus in washington. The snp active futures in the u. S. Up 1 10 of 1 . The dollar still a big story in terms of the weakness. 6. 97 . Offshore at stronger data suggesting the economic recovery in China Remains on track your the bloomberg dollar index flat. This is what is happening with the dollaryen, flat essentially. The pound on a tear. Have a the boe that will meeting thursday and no action is expected. We will look at some of the commodities as well. 56,10 year yield below yelled at 55. Today we are expected to get details around a treasury in cash issuance and the economic recovery plans in the united states. Thats whats happening with oil at 43 a barrel, down 6 10 of 1 . Lets get to first word news with Karina Mitchell in new york. Karina global coronavirus cases have topped
Are suing democratov to reopen e schools. But first, a stimulus deal between republicans and the white house is in the works. Majority leader Mitch Mcconnell is said to strategize in about half an hour with his caucus. He is expected to unveil the plan later today. Were getting details what might be in it and when might not be in it. Fox news Congressional Correspondent chad pergram on capitol hill with the latest and apparently a payroll tax cut deduction may not be in this, right . Reporter thats right. Well talk about that here in just a second. Ev this tenne particular set of spending, the easy part, the appropriations part. So Mitch Mcconnell, the Senate Majority leader Mitch Mcconnell will run through those details with his conference here in the next half hour or so. This is so fragile right now, we dont have a lot of meat on the bone. That is why Mitch Mcconnell has been hasnt said anything at this morning. I will run through what we do know here. There are a couple of details
We are segregated. By social class laws help us people also in poverty by 1st. If youre born into a poor family ocular born into a minority family if youre born into a family that only has a single parent that really constrains your life chances people die on average 15 years old is your born into generational poverty. Its an awfully tough fight every day to meet your needs and the needs of your family. I. This is a bus the one business show you cant afford to miss friendship or in washington coming up as air travel resumes cases a provirus are surging among t. S. A. Agents this while the u. S. Faces another record in new cases well take a look at the global numbers momentarily and although jobless claims have begun to fall the state of mortgages in the United States are still in question straight ahead we break down the fate of these homes and what struggles lie ahead plus that we welcome back James Beard Award Winning Television personality Andrew Zimmern to discuss the plight of res