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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240712

Lets break it down with mike mckee. Is a it is michael it little bit odd. On the headline, 100. 9 is lower than it was in the month of august or september, rather, when it was 101. 8. You would expect that maybe the present situation would be causing people concern because of the coming closures of some businesses as covid cases spike but the number comes in at 98. 9 at up from 104. 6, up from 98. 9. Turnabouting quite a in the way people are looking at the economy. The interesting thing here is this bemay see is reasonably good news for donald trump because if you are looking at the economy, stupid, as the old saying goes, you are looking at the economy as it is right now, and the economy as it is right now is better. The employment number is something Everyone Wants to look at in the set up to next week. Jobs number is an improvement, so those who think we are going to have a dismal jobs report next week might be in for a surprise, at least according to the underlying Consumer Sentim

Transcripts For CSPAN2 Select Subcommittee On The Coronavirus Crisis Hearing On Racial Health 20240712

Communities of color including africanamericans, latinos, asians and pacific americans and native americans. This is an hour and 50 minutes. Right now across the country, citizens are coming together to protest racial injustices. These protests began in response to a public lynching of george floyd by Minneapolis Police and the recent killings of other americans at the hands of those who are supposed to protect them. My prayers go out to the floyd family and other families, a long list of other victims and their loved ones. I stand in solidarity with all those who are protesting and patriotically challenging the status quo. These protests are about more than the pigment of africanamericans at the hands of police. There about the systemic changes or gears. They are now magnified by the coronavirus that we are here to talk about. This racial inequity in healthcare, it has been laid out by this pandemic. Africanamericans, latinos, native americans and other people of color have tested pos

Transcripts For CSPAN2 Select Subcommittee On The Coronavirus Crisis Hearing On Racial Health 20240712

Who are supposed to protect them. My prayers go out to the floyd family and other families, a long list of other victims and their loved ones. I stand in solidarity with all those who are protesting and patriotically challenging the status quo. These protests are about more than the pigment of africanamericans at the hands of police. There about the systemic changes or gears. They are now magnified by the coronavirus that we are here to talk about. This racial inequity in healthcare, it has been laid out by this pandemic. Africanamericans, latinos, native americans and other people of color have tested positive, being hospitalized and dying from covid19 at alarming rates. Americans are dying at a rate that is double what would be expected given the population. Latinos have been infected every state. Native americans who represent just 4 of the population in arizona are 21 of the coronavirus deaths. They went under, the recent by this crisis, the national conversation. The Coronavirus I

Transcripts For CSPAN Vice President Pence And Coronavirus Task Force Press Briefing 20240713

Bars and restaurants close . V. P. Pence thank you, mr. President , and good afternoon. Than 2900 cases of coronavirus in 49 states around the country, i want to assure the American People that this administration, all of our partners at the state level and local Health Officials have no higher priority than the health and safety of the American Public. Cap the president s direction we will continue not only a whole of government approach, but as we discussed today, we will continue to build on a whole of america approach to confront the coronavirus across the country. The Health Experts continue to groom firm confirm, based on the latest information, for the American People as a whole the risk of serious illness remains low. But because the risk is heavily weighted to the most vulnerable, to people with immunodeficiencys and to i and peopleencies with serious Underlying Health conditions, our administrations, state administrations will continue to focus on the most vulnerable and we w

Transcripts For CSPAN President Trump And Coronavirus Task Force Press Briefing 20240713

Decision to temporarily lower Interest Rates to zero. Beautiful day outside. I think we have some great things to talk about. The federal reserve, as you know, it just happened 10 minutes ago but to me it makes me very happy and i want to congratulate the federal reserve. For starters, they lowered the federal rate from what it was, from 1 to one point 25 , and 0. 25 . Down to 0 , to so 0 to 0. 25 . Thats a big difference, quite a bit. And in addition, very importantly, the federal reserve, they are going to be purchasing 500 billion of treasuries and 200 billion of mortgagebacked securities, and that number can increase, but they will start with that. Thats really good news. Really great for our country. Something that were very happy, i have to say, im very happy. They did it in one step. They didnt do it in four steps over a long period of time. They did it in one step, and i think people in the market should be very thrilled. Were the strongest country in the world by far, financia

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