I want members to know that i plan to continue this committees long tradition of collegiality and substantive substantive debate, even as we conduct our business from afar. I will continue to work with the Ranking Member mr. Smith and his staff to ensure that the rights of all members are respected in this new virtual format. Before i turn to todays important topic, i want to remind members of a few procedures to help you navigate this new platform. First, consistent with regulations the committee will keep microphones muted to limit background noise. Members are responsible for unmuting themselves when they seek recognition or when recognized for their fiveminute statement. Second, members and witnesses must have their cameras on at all times. If you need to step away from the proceedings, please leave your camera on rather than logging out. Finally, we have several members who are waving on to the subcommittee for todays hearing. Given the large number i will recognize members in an
I cannot underscore enough the originality of what was being accomplished yesterday, francine. I was sitting there with michael mckee, and his press conference question was superb. They are all dealing with what to do with inflation at no aggregate demand. It is a fascinating time. Francine we will have plenty more on that, but now lets get to first word news in new york city with ritika gupta. Ritika President Trump has slapped down some of his top health officials. He contradicted them at a news conference, saying that a Coronavirus Vaccine could be distribute it widely to the public by as early as next month. Cdc director Robert Redfield told congress that the vaccine would be distributed in the second and Third Quarter of next year. The president called those comments a mistake. At least one person was killed and hundreds were rescued after Hurricane Sally came ashore near the floridaalabama line. Heavy rain swamped pensacola, florida, and other cities in the region. Sally is now a
Good morning welcome to squawk box. Im becky quick with Andrew Ross Sorkin and joe kernen. Welcome back both of you some big moves we are looking at today. Lets look where things stand with the markets dow futures are off by 34. The big news is happening with technology stocks. Down 343 points. Thats big you are talking 3 of the market or 3 decline for the index. Thats a big deal when you look at what happened last week on thursday, nasdaq was off 5 on friday, another one and a quarter percent. You are taurking 6 and a quarter decline. Because of what is happening with the biggest stocks in that. Tesla indicated down 11 in the premarket Asml Holdings down nvidia down advanced microoff off 4 . Those that have boosted that weve seen selling off today you are still looking with these declines at a market at higher levels weve run up quickly and we are seeing it now joe. Watching it head higher watching it ever day, we are like this tech stuff is insane benefitting from what we are all liv
Minister discusses the recent agreement between israel and the united arab emirates. Council earlier this week, this is under one hour. Good morning, and thank you for joining us for the 15th edition of the Atlantic Council front page, the councils premier live ideas platform for global leaders. During this extended period of global uncertainty in the era of covid19, Atlantic Council front page has enabled Atlantic Council committee to grow closer and larger as we advance the global conversation about the most significant challenges facing our world today. Over the last few months, weve been hearing from a diverse array of extraordinary leaders with an impressive global audience on this platform, including Prime Minister of singapore, the kenya president , former u. S. Secretary of state Hillary Clinton and other global leaders. Next week, we hope you will join us for a conversation with u. S. Secretary of state mike pompeo. Secretary pompeo will be back europe about how the challenges
House Speaker Nancy Pelosi says he shouldnt be taking it. Today in the bays tracie potts has more on that and todays testimony expected on capitol hill. Good morning, tracie. Reporter laura, good morning, and also the president tweeting this morning about the World Health Organization, tweeting part of a letter suggesting that hes threatening to permanently leave and cut funding from the World Health Organization because hes been making this argument that they knew about the virus much earlier than they let on to the u. S. And other countries. While that may get some attention today, its a big story, its perhaps not as shocking as what the president revealed about taking this drug even though the fda says it may not work and in some people it could be dangerous. So far i seem to be okay. Reporter President Trump with the stunning revelation hes been taking hydroxychloroquine, one pill a day, for the last week and a half, under a doctors care. The white house physician saying the potent