The members of the Coronavirus Task force hold a briefing with reporters at the white house. That will be live starting at 5 00 p. M. Eastern on cspan. Until then, we will show you more debate on the house floor and the to trillion dollar coronavirus economic package. Prevail. Thank you and i yield back. The speaker pro tempore the gentleman from Texas Reserves. The gentleman from maryland is recognized. Speaker, at this time i yield to the gentlelady suburbs, ms. Hia susan wild from pennsylvania. One minute. The speaker pro tempore the gentlewoman from pennsylvania is for one minute. Ms. Wild thank you, mr. Speaker. S the representative of pennsylvanias seventh district, just an hour and a half from new ork city, i have a unique perspective on this crisis. The two worldclass hospital community, the Lehigh Valley network and st. Ukes university network, are also the biggest employers in my district. Hey anxiously await the spread of this disease to our frontlines. Community, our nurses
Thomas explores the historical rise and fall of nations and whether the United States will remain a superpower in the book americas expiration date. [inaudible conversations] hello everyone we are about to get started so if you can please take your seats. Thank you. Good evening and welcome to the bookstore, we are excited to host the event was charlotte alter presenting her book the ones weve beenk waiting for how the new leaders will transform america, she will talk with Jazmine Hughes with an excellent evening. Before i turn things over to them a housekeeping things, please silent your cell phones, books are for cell at the register and charlotte will sign after at the table right here, if you have not gotten your copy please do so at the end and will form a p p signing line going straight back from the stable to the back of the store, single file please. Upcoming events are available at the c register. Tonights event will be recorded by cspan so we will pass around handheld mics to
Unusual session but critical. Mr. Speaker, this legislation represents a bipartisan and resolve to meet the coronavirus challenge head on. It represents a focusnt on families and workers with the objective to make them safer and economically supported. That will protect workers as we all doo our part to flatten the curve. Public Health Officials have made it clear the only chance we have c to prevent our system to be overwhelmed with the pandemic it is threatened to be for his as Many Americans to stay home as possible. It is however necessary for us to be here, to pass legislatio legislation, to respond on behalf of the American People through this daunting challenge. The closure the large parts of the economy must be temporarily shutec down cause severe disruption for businesses and workers we saw the impact of this yesterday when new Unemployment Insurance claims increased by more than 3 Million People 3 million individuals. Those that rely on them for support of their families and
Out of his still in the but love that we may keep one another healthy and safe. It will therefore be unusual but mr. Speaker this legislation represents a bipartisan resolve to me the coronavirus challenge. It represents a focus on families and workers to the objective to make them safer and economically supported. It will protect workers and their families and our economy as we all do our part to flatten the curve. Public Health Officials made it clear that the only chance we have to prevent them from getting overwhelmed is for as Many Americans to stay home as possible. It is however necessary to be here, to pass legislation, respond on behalf of thees American People to the daunting challenge. Closure means large parts of the economy are temporarily shut down causing severe disruption for businesses and workers. We saw the impact of this yesterday with the new Unemployment Insurance claims increased by more than 3 Million People. 3million individuals. 3million families rely on them
Rally. You can thank the Federal Reserve for that. Is hovering above 1 , which is a good thing. They are launching qe. Well, they are not calling it qe. We are calling it qe. David let me put you on the spot. A question a lot of people are asking today, is the market down because of the fed or despite the fed . Some people are saying there are indications that the market is going to be down a lot, and he said may not have made a better. Taylor potentially, the two emergency rate cuts made people wonder whether the fed know something we dont. The fact that they came out sunday and they knew something they couldnt wait until wednesday, they had to ask sunday night, that potentially made markets nervous. On the others on the other hand, like you said, this is a medical crisis, so markets could have been down the matter what until we get that flattening out of the curve in the terms of the number of cases. David thank you for being here. For more on that emergency fed rate cut yesterday, w