86,000 people in the United States and that includes over 900 incredible and great coloradans, my home state. We certainly mourn with those families who have lost loved ones and well keep fighting for a path forward as we get through this together. I want to commend in the strongest terms possible our frontline workers, whether its been our First Responders, our health care professionals, or those that have allowed us to continue to enjoy a safe and secure food supply, people in essential businesses that each and every day dont complain but go to work to help make sure that our communities can get back to work. And the list of heroes in our communities, those who have i have goin so much, goes on and on and on. And i think its important to recognize that as we have addressed the coronavirus challenge in this country, the measures that we have taken, the steps that have been laid out by mayors and governors and the president , theyve been to comply with guidances and Health Directives a
Restrictions but many businesses and states are seeking additional financial assistance. 8 30 a. M. Eastern treasury secretary Steven Mnuchin will join me live on how to help recover from the pandemic. Retail continues to struggles. J. Crew to file for bankruptcy this morning. We are expecting that. Take a look at futures, indicating a decline 266 points and nasdaq lower by 73 on top of selloff on friday which led the u. S. Markets in the red for the week, take a look, mornings with maria is live right now. Tensions between the United States and china are growing. Dax index in germany down 368 points right now. Sharp decline there. Manufacturing and construction starting back up in italy today. Shops set to reopen in ten days followed by bars and restaurants in june, in italy. In asia overnight losses in hong kong and south korea. Hong kongs gdp for the First Quarter decreasing, much steeper fall than expected. Hong kong down better than 4 . Markets in china closed for holiday as well
Cross stock economic recovery im joined by my guest Benjamin Cowen lubbock he is the director of the Free Market Institute professor of economics at Texas Tech University as well as a senior fellow with the independent institute and in los angeles we cross to he is an independent economic and geopolitical analyst as well as a former commodities trader all right gentlemen crossed up rules in effect that means you can jump in anytime you want and i was appreciating lets go to los angeles 1st here i said in my introduction i guess probably the most important question there is as we come out of this pandemic and its all going to be about the economy and its everything were going to think about for the next few months if not years is about recovery so infer a very simple question will it be a v. A you or an l. Go here well weve been in an l. Shaped depression since the 2000 a financial crisis i mean only that true economic data. On unemployment inflation g. D. P. And the like have been warp
Legislative days to revise and extend their remarks and include extraneous material on the bill under consideration. The speaker pro tempore without objection. Mr. Neal madam speaker, i yield myself such time as i may consume. The speaker pro tempore the gentleman is recognized. Mr. Neal first, thank you. We are here today in these very trying and unprecedented times to act on an emergency interim funding package that i am pleased has strong bipartisan support. But we did not arrive here without significant efforts by our democratic colleagues. When we began negotiation was the senate, we were presented with an insufficient proposal that did not address the Public Health crisis that has now claimed the lives of nearly 48,000 americans. The measures that we fought for will now bring real leaf to the American People relief to the American People, and prioritizes resources to combat this virus. This means more funding for hospitals and Health Care Workers. It also means resources designat
Again. We will move as quickly as we can but should we not be able to accommodate every member in person today, we will be accepting statements for the record until thursday, april 30. This important hearing i want to mention the chairwoman has been in our thoughts and prayers we wish you nothing but the best as you recover. Small businesses and entrepreneurs play a Critical Role within the american economy. Not only do they employ half of the nations workers but created two out of every three new jobs in the nation. You only need to take the poll from main street america. It is demonstrated Small Businesses and employees and the Response Congress created with a Paycheck Protection Programs with as many Small Businesses as possible during emergency. A low interest loan can be forgiven if used for payroll and Small Businesses have a tool available to assist them as they weather the storm experiencing extremely high demand and within a two week span all the money was exhausted i devote m