Smith who is president and ceo of the National Association of broadcasters. Senator smith we appreciate you coming into the studio for this interview. Always a pleasure, peter. Even if it is just approximate. You and jonathan. Thank you for having me. Host in this age of coronavirus how has this affected americas broadcasters . Guest in many ways it has affected us but i think perhaps its unfortunate but it seems that the United States and our citizens become aware of broadcasting indispensable, irreplaceable role in the firmament of American Life when there are natural or other catastrophes and calamities that befall us because it is then that the architecture broadcasting, one source of content to everybody in a geographic area, without stress on the System People began to realize how valuable broadcasting remains and survey after survey continues to show that broadcasting remains the most important source of journalism when people just want the facts. But you know the nab since its
Brennan and jon fortt. Markets have been well off the highs. Dow was up 937, trying to hang on to about 400 points on the dow right now. Lets bring in mark mahaney of rbc, david lovevitz of jpmorgan. We knew 2700, 2750 would be a bit of a battleground and its turning out to be exactly that yes, exactly. One of the things thats occurred here over the past couple days really over the course of the past weekend is you finally saw consensus earnings system begin to come down and the narrative that had been in the Market Equities are looking cheap, the question we were always asking was cheap relative to what earnings . When you use the new estimates that are around 145 a share, you know what youre seeing is stocks are looking fairly valued not outright cheap and i think thats a big part of why were seeing things run into resistance at these levels mark, its a great opportunity, davids answer, to ask you how in the world analysts are coming up with any kind of estimates given the lack of gu
Outbreak in the u. S. , but new jersey reported its worst day yet. More money for Small Business as the treasury secretary and lawmakers signal additional funds will be allocated for the Small Business program, which has seen enormous demand and m. G. Firms from exxon to halliburton may lay off workers in light of the economic turm l turmoil. Well speak with the ceo of verizon about the companys effort to keep students informed while they are away from school. And the ceo of state street will join us. We have details on the Small Business relief meeting that is taking place this hour at the white house. Mike santoli is tracking the markets fading gains this hour. Ka kayla, first to you on breaking news in washington reporters are entering the roosevelt room right now where President Trump and his economic advisers are set to host a Virtual Meeting with a slate of financial industry ceos to talk about what they are doing to assist Small Businesses. The list of attendees includes some of
Secretary for health will discuss the u. S. Response to the spread of the coronavirus. You can join the conversation on facebook and twitter. Azor 47, the nazar 47 es of 47. The motion is not agreed to bring agreed to. Senate failed to move forward on nearly a nearly two 2ldren on a nearly trillion response to the outbreak. Impartial ling calling parts of a slush fund. ,ithout democratic supports republicans failed to get the measure passed and their own rank and file were down in numbers. Rand paul announced he is the first u. S. Senator to test positive for the virus. Reaction toet your the senate failing to pass that economic aid bill. Democrats, 2027488000. Republicans, 2027488001 and. Ndependents, 2027488002 text us with your first name and 2027488003. At we will get your thoughts in a minute. , senatort vote failed Mitch Mcconnell, the republican leader in the senate had this to say. [video clip] mcconnell republican and Democratic Senators spent days collaborating on a bipartisa