Safe thasgiving, it was far from the traditionalgathering with family and friends. I hope you had a good thanksgiving. We know times are tough but i wanted to know help is on the way. Last week i announced the nominations of staff for a critical Foreign Policy positions. The first rate team thats going to keep us safe and secure and today i have the pleasure of announcing key nominatis appointed to the critical economic positions that will lead this nation. A first rate team thats going to get us through this ongoing onomic crisis and helps build an economy not just better than it was before. A team thats tested and expeenced that includes groundbrking americans that come from different backgrounds and share my core vision of econic relief here in the United States of america. To give them a fair shot and equal ance, theres nothing beyond the capacity of the American People. Lets not forget who built this country, workingclass and middleclass people built this country and unions built
The British Government told businesses today to be ready for big changes when the u. K. Makes its final break from the eu in one month. Opec and its allies need more time to reach a deal on Oil Production policy. A meeting today broke down today without any agreement. Again ministers will try thursday to allow more time to figure out whether to delay a planned increase in output starting in january. Supporters say the market is too fragile to absorb more oil. Global news 24 hours a day, onair, and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. Treasury secretary Steve Mnuchin and jay powell testifying earlier before congress on the cares act. Itsla says the fed will use tools until
Of other couples that were outside the household you can quibble about the guidelines, etcetera etcetera, but the spirit of what im preaching all the time was contradicted and i got to own that and so i want to apologize to you. Because i need to preach and practice not just preach and not practice and ive done my best to do that. The governors claiming that hes going out to dinner only a couple other time since february outdoors and along with his wife on those occasions at the time of the dinner party napa county was in the orange tear the second least restrictive of the pandemic reopening system allowing indoor and Outdoor Dining at restaurants in National News tonight president elect joe biden making pandemic response. A top priority as he transitions to the white house and he says more lives could be lost if the Current Administration keeps interfering with the process Kareen Wynter has more on the president ial power struggle. Mincing no words on the Trump Administrations attempt
With a pan come up with a plan. Does actually get through congress . , i dont think it does. I think it is very little chance of getting through the senate. That is one of the many reasons why i remain with my 10 likely to have a stimulus deal before the election. This is just not going to happen. The parties are in four different places dependent on which faction you are talking about, all the way from zero to 3. 5 trillion. Theres no time to come around to something before the election. Guy who does this work for . . It clear he doesnt work for the American People if we dont get a deal. If nancy pelosi can figure out a way to get a deal with the white house and have it blown up for mitch mcconnell, is that something that works for her politically . Terry i think it doesnt work for her politically. You have to understand why she is where she is. Once upon a time, it was magically 3. 5 trillion or forget about it. Then all of she came down over 1 trillion under pressure from her politi
The speaker pro tempore for what purpose does the gentleman from california seek recognition . Mr. Speaker, i move that the house suspend the rules and pass the bill, h. R. 5322, the ensuring diversity in Community Banking act, as amended. The speaker pro tempore the clerk will report the title of the bill. The clerk h. R. 5322, a bill to establish or modify requirements relating to Minority Depository Institutions, Community Development Financial Institutions, and impact banks and for other purposes. The speaker pro tempore pursuant to the rule, the gentleman from california, mr. Sherman, and the gentleman from sk, mr. Timmons, each will control 20 minutes. The chair recognizes the gentleman from california, mr. Sherman. Mr. Sherman mr. Speaker, i ask unanimous consent that all members may have five legislative days within which to revise and extend their remarks on this legislation, and to insert extraneous material thereon. The speaker pro tempore without objection. Mr. Sherman i yi