More on the fiscal side. The focus needs to shift on to fiscal stimulus now. More coordinated policy response. An all of the above strategy. It is critically important we do that. Dont bicker and argue about doing payroll taxes or paid family leave, do them all. This is what the market needs to see, fiscal policy makers starting to panic. Markets stop panicking when policymakers start panicking. And starting to appreciate the urgency of the situation. It took until the last few days for that to happen. Here we are now. Jonathan what a week its been. Joining me around the table, collin martin, gregory staples, and michael buchanon. Michael, i want to begin with you. The Silver Lining at the end of a brutal week for many of you out there, i know. Finally, do you start to see the policymaker panic, and should that be were the markets stop panicking . Michael i think thats a real good point. We knew fiscal policy was coming our way, we knew Monetary Policy was coming our way. The two worki
Out of his still in the but love that we may keep one another healthy and safe. It will therefore be unusual but mr. Speaker this legislation represents a bipartisan resolve to me the coronavirus challenge. It represents a focus on families and workers to the objective to make them safer and economically supported. It will protect workers and their families and our economy as we all do our part to flatten the curve. Public Health Officials made it clear that the only chance we have to prevent them from getting overwhelmed is for as Many Americans to stay home as possible. It is however necessary to be here, to pass legislation, respond on behalf of thees American People to the daunting challenge. Closure means large parts of the economy are temporarily shut down causing severe disruption for businesses and workers. We saw the impact of this yesterday with the new Unemployment Insurance claims increased by more than 3 Million People. 3million individuals. 3million families rely on them
Chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate. The chair will alternate recognition between the parties. With time equally allocated between parties and each member other than the majority and minority leaders and minority whip limited to five minutes. But in no event shall debate continue beyond 11 50 a. M. Chair recognizes the gentleman from louisiana, mr. Minutes. For five mr. Braham thank you, speaker. Rise today to commemorate the efforts of the town of raval, their na, to preserve communitys heritage. School part of the Still Standing is its gymnasium 1960 at did not stop the graduate class from doing something good. Audience on is in the today and the rest of the Alumni Association have purchased and museum t into a showcasing the schools history. Rabal the clerk will designate school, its first graduated students in 1939. It was renamed rabal high school 1949 and eventually briton igh school in 1956 after the
The economic problem, thats much more on the fiscal size. The focus needs to shift on to fiscal stimulus now. More coordinated policy response. And all of the above strategy its critically important do that. Dont bicker and argue whether doing payroll taxes or paid family leave. Do them all. This is what the market needs to see, fiscal policy makers panic. G to markets stop panicking when start panicking. It took until really the last butdays for that to happen, here we are now. What a week its been. Table, me around the greg, and from pasadena, westernia, mike of Asset Management. Michael, the Silver Lining at the end of a brutal week for you out there, i know. Finally do you start to see the and shouldr panic that be the moment when markets stop panicking . Real good thats a point. We knew fiscal policy was coming our way. Monetary policy was coming our way. The two working together in a cohesive fashion, i think, is reassuring to the markets. I think youre seeing a little of that to
T the committee is meeting today to receive testimony on ministry request for the department of Homeland Security. Without objection, the chairs authorized to declare the secrei committee in recess at any point. Acting secretary wolf, you are here today on an extraordinary troubling circumstances. Americans are rightfully concerned about the coronavirus that spreads across the blue of globe and claims the lives of thousands, including at least work six here at home. Theyover are looking to their government for leadership and guidance. Ualunfortunately, the Trump Administration has not been equal to the task so far. Oin the face of this potential pandemic, the president hase toa downplayed his threat, overstated high close scientists are to developing it ad vaccine, and muzzle experts in administration who continued disagree with him. Po as a crisis unfolds, the president has continued to hold political rallies including ax. Recent one where he called the coronavirus a hoax perpetrateda