I first want to express my appreciation to our leadership. I have been in daily, almost hourly communication with senator schumer, and i know how hard hes worked to make sure that package really reaches the medical emergency that we have, that deals with the workers to make sure that they are protected and they are protected and whatever we do that provides the help for state and local governments, that provides the much needed attention to these particular issues and that we have accountability on any of the moneys that are going particularly to our Largest Companies in this country. So i want to express my appreciation. And i am very pleased that our First Priority, our very First Priority is to deal with the Public Health challenge. This is included in whats happening in my state of maryland and whats happening in every state in our nation. So i am pleased that in our state its team maryland. Our congressional delegation is working very closely with Governor Hogan and his cabinet, a
We know that. They are very concerned about their own health. Theyre worried that the may be carrying the virus when you take it home to the elderly parent who could come down with the virus. They are worried about how long this social distancing and commuting from home, staying at home is going to be required in order to control the spread of the virus. They are worried about their economic circumstances, whether theyre going to get a paycheck. And i am pleased that today we have an agreementrd with our leaders to move forward on the third stimulus package to deal with this crisis of covid19. Covid19. I first want to express my appreciation to our leadership. H senator schumer, and i know how hard he has worked to make sure this package really reaches a medical emergency that we have, that deals with the workers to they are protected and they are protected in whatever we do, that provides the help for state and local governments, that provides a muchneeded attention to these particula
Coronavirus briefing with vermont governor phil scott to keep longterm commitment to coverage of the us senate. You can watch the remainder of this briefing on cspan. Org. Senate lawmakers are completing work on the third coronavirus economics to me was plan, final vote on the bill is expected today. Now live coverage of the u. S. Senate on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Barry black, will lead the senate in prayer. The chaplain let us pray. O god, our father, we lift up our hearts in prayer because we trust in you. Lord, we know well the weakness and the insecurity of our hold upon this life. Comfort those who have lost loved ones during this Global Health crisis. When we wrestle with sad memories of mortal loss, give us all the glorious hope of life eternal. Lord, provide our lawmakers with the confidence that your allsufficient grace and power will enable them to become more than conquerors during this time of trouble. Remind them t
2,255 points. Right now we are down 2,003 points. At 1 00 p. M. , money started fluttering down, the Federal Reserve making a move to support the bond market amid the coronavirus collapse. The s p 500, by the way, had been down 240 points and of course, we had 689 points getting slashed off the nasdaq. Right now the s p is down 219 and as we look at the nasdaq its down 619. Despite the feds move, the s p and nasdaq joined the Dow Jones Industrials in a bear market. This as the 11year bull market is officially about to come to an end. The selloff kicked in pretty much right at the open and five minutes in, triggered once again for the second time this week the Circuit Breakers that halted trading for 15 minutes. Lets show you some metrics here. The oil patch. Take a look at this. It is playing a huge role in this selloff once again. Oil is crashing, folks. We do have it down to 31. 32. Thats a loss of 5 today. Much of this comes after President Trump announced a travel ban on flights fr
Mark zuckerberg and Sheryl Sandberg. Thirdparty seller prior thirdparty sellers on amazon are jacking up prices. What they are doing to crackdown on illegal price gouging. But first, thousands of passengers waiting in isolation in a cruise ship off of San Francisco and waiting for the results of coronavirus test. Hastime, the city of boston canceled southwest by southwest. The markets have regrouped. Rally ands it curious left higher after dominating the fear of the spreading of the coronavirus. To give us a better picture, were joined by michael regan. Why the surprise turnaround . Is indicative of what we have seen in that wild springs for the upside and downside. We often see unexplainable moves both higher and lower. It is interesting that tech as did theeek higher s p 500. There is some soulless to take but monday isnd, another day and it is not going to be too surprising to see next week. What is the message that investors are taking away from this . I think there is a lot of ino