I want to thank everyone for their adherence to the guidelines as we continue to do our work while protecting the health and safety of our staff, families and communities. Thank you for joining us today. In pursuant to notice, todays hearing is taking place in our ways and Means Committee hearing room, with members permitted to attend remotely in compliance with the regulations for Remote Committee proceedings, pursuant to House Resolution 965. We currently have 33 members logged in and participating via the webex platform. For those members who arent here in washington and plan to participate in person, we have a limited number of available seats to ensure that we adhere to social distancing guidelines. I encourage members to watch from their office and only come to the hearing room when it is your turn for questioning. Before we turn to todays topic, i want to remind members of a few procedures as we navigate this hybrid hearing setting. First, consistent with regulations, the commit
If youre interested in being recognized, raise your hand function. And if you have any technical issues, put them in the notes in the chat box. Im honored to be the chair this committee. And i recognize all those who are with us. And vice chair is here. In the vice chair from border policies. Also the vice chair, and vice chair for community policing. And vice chair for emergency management. Thank you all for being here. In the business of this committee is a core function of this role. The safety release communities. As although, as mayor, as the center of probably one of the Biggest Challenges we have faced not only is mayors, and communities but also as global communities. This year has been incredible roller coaster, the challenges and also opportunities. This many will take on the responses of the covid19. And since the date, our communities have changed. The aftermath of the murder of george floyd on may 25th. And the countries undergoing important conversations about the role of
Develop a coronavirus vaccine. One of the first human trials showing signs of potential. This is a promising, encouraging, first step. What the doctor leading that trial is telling us this morning. Demanding answers. Congressional leaders set to be briefed on intelligence that russia paid to have u. S. Troops killed. And from moscow, breaking news overnight, as the power play by Vladimir Putin could keep him in office for 16 more years. Back to work . Todays monthly jobs report smashing expectations. The u. S. Economy adding nearly 5 million jobs in june. The Unemployment Rate falling to 11 . With restaurants and businesses can it last . Wet wedding. A couple taking photos for their big day in california washed out to sea by a large wave. Inside the dramatic rescue straight ahead. Those stories, plus, batter up the boys of summer return to the field. Our firsthand look at what the teams are doing to bring back baseball. Today, thursday, july 2nd, 2020. Announcer from nbc news, this is
Jakarta just coming online. Interesting when it comes to the hang seng, we are close to those session highs for the hang seng. Cathay pacific certainly one to watch. Spike onned that brief this governmentbacked rescue plan. We come back to earth a little bit. Still seeing shares elevated a little bit. Chinese stocks slightly lower. We missed on the Inflation Numbers. Small caps in china close to 20 higher from those lows we saw. India futures also pointing positive. We are watching the dollar as well. Down for nine of the last 10 sessions. A little bit of exception with the yen, 107. 79. The hong kong dollar still on the stronger side but kyle bass doubling down on his bet against the peg. We will see what kind of demand there is. Offshore renminbi pretty much unchanged right now. Haslinda lets stay with china. Factory prices continue to fall in may. The country continues to deal with the fallout of the coronavirus pandemic. Lets cross to selina wang in beijing. Break down the Inflatio
Not only occupying a seat were on this day in 1860, new yorkers listened to the then littlek nown statesman from illinois deliver a speech that not only altered the course of his life, but what impact the future of our nation. Ofce that day, scores individuals have filled your seats, eager to explore issues that define who we are as a country, and tonight you have a seat to another perspective on americas next chapter, inspired by the man who would ultimately reunite a country after the most divided period of its history, and preserve the Great American experiment. Hisham lincoln later viewed Cooper Union Speech as the turning point for his eventual election to the white house. Here, he made an impassioned argument against expansion of slavery in the United States, in treating his audience to have faith that right makes might. His words did more than make a president. Voice to clarity gave those imploring others to do what is right for a greater good, no matter their political ideologi