Leave thousands of people without power. Good morning, everybody on Marty Gonzales thanks a lot for joining us on the kron 4 morning news this sunday october 25th want to get right todays 4 in the Weather Center with more on what should be a really tumultuous day today. Yeah, good morning marty and good morning, everybody we are going to see some really bone dry air across the bay area for not just today but into a lot of next week. Theres actually some fog going on early this morning, so things will be changing and rapidly kicking things off with a red flag warning youve heard so much about this kicks off at 11 00am basically for the hills first and then goes to the lower elevations by this evening should expire for most locations by 11 00am on monday. So that part of the program relatively brief or that covers the higher wind section of the forecast but were going to be with dry air for several days which will be getting into live shot of the Golden Gate Bridge here a little bit of g
The ultimate cost, nobody is looking a deficit anymore, i get that but if the president was always on board, something were generous and this is more generous, could that close the deal, does that mean the deal is more likely when he himself has upped the price tag on it. My Organization National Taxpayer Union has been saying for months, what a negotiating tactic is to talk about topline numbers. What if going on a walk down memory lane we had lawmakers that thought about the impact of their policy rather than whether or not they were spending too much or too little, thats why were in the situation to begin with and why deficits and spending are so out of control because members of congress are talking about the price tag rather than the effect this relief could have, i think its very important that congress does continue to support the economy, were in very in certain times, whether or not your spending 1 trillion or 2 trillion should depend on what youre getting for the 1 trillion i
We will receive testimony from the secretary of the check treasury as required under title iv of the cares act congress has appropriated 3 trillion to protect to fight the pandemic and to stabilize the infrastructure of our economic system. A large portion of this funding is from the title iv of the cares act which has significant resources for loans and loan guarantees and other investments from the Federal Reserve with the emergency lending facilities in the states and municipalities and tribes. The title iv provided 454 billion as the infusion into the Stabilization Fund to support the emergency lending facilities that facilitated the qualities to support eligible businesses, states, local governments and tribes. And to be authorized under section 13 and to stabilize those markets but the Federal Reserve announced the establishment of the intent to establish to support the Financial Markets and businesses including some that are supported by the cares act. Last week other members of
Growing energy demand, you are watching live coverage on cspan 3. We are proud to announce that doubled the tenants of last year. I welcome hundreds more joining us live. I will also give you a sneak peek of the program and share some reminders. First, in the spirit of the natural gas and oil industries, commit to safety because api sets the starpndards for the highest operations around the world, well begin our event today. There are no plans of emergency drills during the anthem today. Please treat the announcement is a real thing. It is a good idea to be prepared. The best exit is the one from which you enter back here to my right and additional exits to my left right up front and the back of the room. I would like to extend a warm welcome to our distinguished guests including members of congress, administration officials, Industry Leaders and trade Association Executives and other partners and allies. You will see some others on the screen behind me and thank you for holding your a
And then in europe youre going to see equity futures there also to the upside this morning, gains across the board of better than 1 . Its up a third of a percent and stocks in italy up by 1. 5 breaking news happening moments ago, hong kong leader has now announced the official withdrawal of the extradition bill that sparked months of mass protests there its one of five demands including universal suffrage in the citys elections it sparked a late night rally in hong kong with stocks closing higher by nearly 4 youre looking at the stock chart right there. A loif report from hong kong in a couple of minutes. The other big global story is a political Crisis Brewing in the u. K. He joins us to explain the situation to app american audience that isnt necessarily familiar with the parliamentary procedure. This is not for me this is not for me this is for certain individuals that may not understand what is going on there but go slowly just in case i want to pick up a few of the nuisances and w