Those who needed it most. So today we are not any other action on the floor dealing with covid, so we thought we would take this opportunity to ask unanimous consent to get Something Real done that should have bipartisan support on both sides of the aisle. Who can be against transparency . Who can be against accountability . An to know where close i to 700 billion of the taxpayers money is going . Is it going to the right places . Unfortunately today at least 200 publicly traded companies have managed to secure ppp loans, and most of those are not very small, including some Companies Whose owners are large contributors to President Trump. Truly, Small Businesses, however, hundreds of thousands of momandpop shops with less than 20 employees, the proverbial restaurant owner, or the butcher, the baker and the candlestick maker have been mostly shut out because they didnt have a standing relationship with a big bank. Thereve been great despairs when it comes to minorityowned businesses. Ac
Pro forma session, we do expect Mitch Mcconnell to ask unanimous consent to pass the latest Coronavirus Relief measure. Reports are that ideal has been reached on nearly 500 billion for Small Businesses, hospitals and further covid19 testing. The House Majority leader says members are ready to return to the capital quickly to pass the measure. Likely by the end of the week. Take you cliff and after the senate floor on cspan2. The presiding officer the senate will come to order. The clerk will read a communication to the senate. The clerk washington, d. C, april 21, 2020. To the senate under the provisions of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable daniel sullivan, a senator from the state of alaska, to perform the duties of the chair. Signed chuck grassley, president pro tempore. Mr. Mcconnell mr. President. The presiding officer the majority leader. Mr. Mcconnell i ask consent to be recognized notwithstanding the order for a pro forma s
Mr. Mcconnell so, mr. President , earlier today, leaders in both chambers and the administration reached a bipartisan agreement to supplement the historic cares act. At the core of our agreement is 320 billion more for the paycheck protection program, which is already saving millions of Small Business jobs and helping americans get paychecks instead of pink slips. Mr. President , this is even more money than we had first requested a while back. In the intervening time and at our request, this new money puts a special focus on Community Banks and credit unions. Separately, thanks to the hard work of senator collins and senator rubio, the bill supplies 60 billion for additional Economic Injury disaster loans, and because of senator roberts, senator daines, and our other colleagues from rural states, it will be clear that farmers and ranchers will be eligible as well. Senate republicans wanted more funding for americans paychecks nearly two weeks ago. Before the program even shut down. Bu
Mr. Mcconnell so, mr. President , earlier today, leaders in both chambers and the administration reached a bipartisan agreement to supplement the historic cares act. At the core of our agreement is 320 billion more for the paycheck protection program, which is already saving millions of Small Business jobs and helping americans get paychecks instead of pink slips. Mr. President , this is even more money than we had first requested a while back. In the intervening time and at our request, this new money puts a special focus on Community Banks and credit unions. Separately, thanks to the hard work of senator collins and senator rubio, the bill supplies 60 billion for additional Economic Injury disaster loans, and because of senator roberts, senator daines, and our other colleagues from rural states, it will be clear that farmers and ranchers will be eligible as well. Senate republicans wanted more funding for americans paychecks nearly two weeks ago. Before the program even shut down. Bu
5. 1 Million People filing for unemployment in the last week. We have the numbers and full amounts this morning. Ahead of the numbers, futures pointing to gain at start of trading, take a look at futures, 100 points on dow industrials, s p is up 15 and nasdaq higher by 72. This after worse than expected news yesterday in resail sales and disappointing earnings led to selloff in market. Dow industrials down 445 points. Nasdaq down 122 and s p was lower by 62. Earnings season rolls on. This morning more banks on tap. Weve got all the numbers you need to see this morning as we ahate Morgan Stanley, blackrock among others. Plus the origins of the coronavirus. More focus this morning turns to a lab in wuhan, china. Something ive been highlights for several months now. Mornings with maria begins right now. Global markets this morning look like this. Cac quarante in paris is up 28 and germany taking steps to reopen its economy and Angela Merkel announcing some stores can reopen next week and