A look at back at the biggest stories in the last 7 days but 1st stay with us for the kaiser report. Oh hi im max foster this is the kaiser report you know there seems to be a bit of panic in the air. Play lets check in with Stacy Herbert i dont more max as you know weve had 4 years of a lot of political turmoil and starting to spill out into the streets everywhere you look not only in the United States but around the world and Rand Corporation might have an explanation for this now remember Rand Corporation if youre if you were around in the seventys they were part of the pentagon papers right it was identical ellsberg released the hundreds of pages of research they had done on the debacle that was the vietnam war and now they have basically done some research on the debacle that is fed policy of creating can tell you an heiress since 1971 so the top one percent of americans have taken 50 trillion dollars from the bottom 90 percent and thats made the us less secure this is according t
That nobody really knew how it would turn out as far as viewership goes, is a little bit disappointing on night one. We will see what happens tonight with dr. Jill biden as the anchor of tonights program and see if we can attract more viewers. David do they have much of a hope of doing that . Michelle obama was a pretty big gun the first night. You would expect her to have the draw. Im not sure whats going to happen. Jeanne yeah, i think we have to be a little careful because so much of this is streaming. All of the numbers rick is right. Viewership is down on live tv. There is streaming. Students do not watch anything live. And afterwards. One of the things that last night did, they talked about the fact that trump is not in their view qualified to be president. I think the democrats really have to think about, they want to pull over these voters but they need to persuade in these swing states. They will have to do much more than just talk about how he is not just qualified and what j
Clock to show you how much time is remaining. All members and witnesses need to be especially mindful of the fiveminute clock. At 30 seconds remaining ill , gently tap the gavel to remind members their time has expired. To simplify the speaking order process, the commission has decided to order ourselves alphabetically. With that, welcome to this virtual hearing convened by the congressional oversight commission, pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our oversight work, the commission has decided to hold this hearing today which will examine the main Street Lending facilities. The Federal Reserve established the main Street Programs to support lending to small and mediumsized businesses, and nonprofit organizations that were sound before the covid pandemic. The program operates through five facilities which we will learn more about this morning.
Commission has decided to order ourselves alphabetically. With that welcome to this virtual hearing convened by the Congressional Oversight Commission pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our oversight work, the commission has decided to hold this hearing today which will exam examine the main Street Lending facilities. The Federal Reserve established the main Street Programs to support small and immediate you yumsized business answer Nonprofit Organization that is were in found sentence condition before the onset of the covid19 pandemic. The program operates through five facilities which we will learn more about this morning. The programs being administered by the Federal Reserve bank of boston todays hearing will have two panels. President eric rosengry. N, Federal Reserve bank of boston will testify during the first panel. Second panel will i
Debates backtoschool, voters are not allowed to see or hear him say those words. Almost immune. We have a lot more on this, believe me. Lets get straight to your money. An economic indicator, here it is, 1. 19 million new jobless claims. That is the lowest number since the economy tanked. It is very good news for the recovery. The trend in new claims is flat out down. The dow industrials taking a little heart from that. We were lower, now were going to be up maybe 30 odd points. Not much of a gain. Theres a lot of green on the lefthand side of the screen. The market story is the march to new highs. The techheavy nasdaq already hit several records this week. The dow is at the 27,000 level. Thats up 8,000 points in four months. Theres a lot of very positive news in the background. Positive vaccine news. That helped. Dr. Fauci says well have tens of millions of doses of the vaccine available early next year. Heres another plus. If congress doesnt come up with a virus relief package, the p