David w very blake burman in washington, d. C. With the latest. Reporter treasury secretary steve mnuchin, chief of staff mark meadows set to meet with the top two democrats. Nancy pelosi and shuck Chuck Schumer. It was this time yesterday that the Mitch Mcconnell released Senate Republican plan. You can fast forward 24 hours to this moment. There is very real acknowledgment from Senate Republicans in this town, even though they have that framework what they want going forward, there is still not a consensus among republicans about whether or not they stand behind this plan. Watch here. At the moment we seem to have unity and disagreement. Thats the bad news. The good news is, how can i put this . Were for the most part were gnawing on the same bone. Were just gnawing at different ends of the bone but at least it is the same bone. Reporter many issues of contention for schumer and pelosi they say the republican plan tries to quote, bully schools to get open. They take issue with tax br
I would like to call the meeting to order at this time and i would like to come if i may give just a brief overview of what you can expect. There will be an Opening Statement of the chair. An Opening Statement of the Ranking Member. And Opening Statement from chairwoman waters. Introduced andbe will give their Opening Statement. And then there will be q a. The title of todays hearing is protecting homeowners during the pandemic. Oversight of Mortgage Services. Without objection, the chair is authorized to declare a recess of the subcommittee at anytime. Also members of the committee who are not members of this Sub Committee may participate in todays hearing the purposes of making an Opening Statement and asking questions of witnesses. Members are reminded to keep their video function on at all times even when they are not recognized by the chair. Embers are also reminded that they are responsible for muting and unyielding themselves. This is Something Worthy of repeating because i have
Progress in the development of a vaccine. This is something so important. Also therapeutics are on the front burner. Were having tremendous, i think well let you know very soon, i think long before the end of the year, were having tremendous success on therapeutics and tremendous success on vaccines. Were ready to deliver them literally as soon as theyre okayed. This morning my administration approved one billion dollars for Johnson Johnson who has been working very hard. They have something very special, to manufacture and distribute 100 million doses of a china virus vaccine as soon as one is available. And again we think that is going to be soon. We think we will have the vaccines before the end of the year, maybe long before the end of the year. Finally today im pleased to announce the department of justice has issued 35 million in grants to 73 organizations nationwide providing assistance to Human Trafficking victims, a terrible thing. You think of Human Trafficking as being an an
Were also continuing to make progress in the development of a vaccine. This is something so important. Also therapeutics are on the front burner. Were having tremendous, i think well let you know very soon, i think long before the end of the year, were having tremendous success on therapeutics and tremendous success on vaccines. Were ready to deliver them literally as soon as theyre okayed. This morning my administration approved one billion dollars for Johnson Johnson who has been working very hard. They have something very special, to manufacture and distribute 100 million doses of a china virus vaccine as soon as one is available. And again we think that is going to be soon. We think we will have the vaccines before the end of the year, maybe long before the end of the year. Finally today im pleased to announce the department of justice has issued 35 million in grants to 73 organizations nationwide providing assistance to Human Trafficking victims, a terrible thing. You think of Hum
The dow is down nearly 1 . The nasdaq is back in positive territory. Apple is boosting the dow adding 150 points to a decline we would be seeing. Amazon and facebook arent in that index caterpillar, chevron, exxon mobile are driving the blue chips lower. Lets start with bob who will tell us what were seeing from earning season as a whole now that were a little more than halfway through. Bob. We have a little bit of a problem. Its great may have tech earnings are fantastic but theyre not enough to move the market really forward. You can see this today just look at the sectors of whats going on. You have technology up because apple is up. You have Consumer Discretionary up because amazon is up. Everything else, the other economy is having hard time. Tech earnings are even fantastic. We have this two tier economy thats going on. Its not a split between wall street and main street its just theres a two tier economy. One part is digital and thats the megacap tech and software and the Techno