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
Americas elections. I will now recognize myself when Opening Statement. Yesterday the director of National Intelligence testified that, quote, the greatest challenge we have as a nation is making sure to maintain the integrity of our election system come close quote. Excuse me. I agree. Our democracy was founded on a government elected by the people, for the people and free and fair elections. They are elections very core of our democracy under a aa tactic special counsel most report in no Uncertain Terms detailed how reform government attack on her 2016 elections. The russian objectives were clear, deep in distress and discord in a society come secure the election of one candidate of president over the other, and in so doing undermined confidence in the integrity of our elections and damaged our nations standing in the world. There is no evidence russian affected the actual vote count of our elections but russia did successfully steal thousands of documents from american citizens that
Womack, maximize the impacts of our collective investment and deliver katya punch of results across multiple countries. And multiple sectors, for example, libido carter would stand across africa and the western florida bank goal to the d. R. C. Design be a boost. The original connectivity, and stress, a commerce and Food Security and have some of the ground bread data for right now. So the g 20 connect india to connect india to your through you a saudi arabia, jordan and israels will spur opportunities, investment across 2 continents. This is part of our effort to build a more sustainable integrated release. It demonstrates how is there a greater normalization and economic connection with his neighbors is living positive, impractical impacts, even as we continue to work, charles is forwarded just and lasting. Peace between is written. These railways in palestine is 2 states for 2 people. Now let me be clear, or none of these partnerships are about containing any country or about a posi
Back with more. The markets hanging on to just a slight gain at this point. The dow is being helped by walmart, dragged down by cisco. With that, well turn it over to scott wapner and the halftime. Thank you so much. Well keep our eye on things taking place in the nations capital. The market, a nice little comeback after the worst day of the year for stocks. The dow only up about 17. 5 points, s p up less than 4. It is the nasdaq up 20 points, still hanging above 6000. With us for the hour today, joe, josh brown will be along in a moment, kevin oleary is mere and Mario Gabelli is here. Its good to have you back, mario. Oh, its a privilege to be here. Joe, nice to see you as well. So that was it. Kevin, 400 points down for the dow and here we are. Why no followthrough . Because it was just noise. The washington circus is really disconnected from the market and i think most people are pretty comfortable with that idea. Even today listening to wilbur ross after all that chaos, the adminis
Sandra wow, youre pumped up. Julie loving that, very christmasy. And with the news thats following, this is fantastic. I love the whole thing. Meghan lets get this thing started. Melissa what is he drinking . [laughter] melissa president elect donald trump on his way to indianapolis, both men heading out to visit carriers factory and announce a deal to keep a thousand jobs in indiana. Its an agreement that allows mr. Trump to deliver on one of his Biggest Campaign promises before even taking office. After his speech hell head to cincinnati, ohio, to kick off his thank you tour, its all to honor his supporters in states that helped him win. Bernie, im going to go to you first. Theres a little bit of controversy about in this thank you tour. I actually thought a lot about it, i thought about howard stern thanking his market. I think its fantastic. It show he wants to give back. Its unprecedented, first of all. If hillary had won, sheathed be on a yacht shed be on a yacht somewhere in the