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Transcripts For CSPAN U.S. House Of Representatives U.S. House Of Representatives 20240712

Uighur muslims. Also today possible work on a covid19 aid bill. Live house coverage here on cspan. The speaker the house will be in order. The prayer will be offered by our chaplain, father conroy. Chaplain conroy let us pray. God of the universe, father to us all, we give you thanks forgiving us another day for giving us another day. During these days, these few days before the house breaks for the final weeks of the campaign, send us your spirit of peace. Inspire the members to complete their charge, to promote the common good of our nation. Comfort those who continue to suffer from the coronavirus and protect those who labor still to treat the disease and bring an effective vaccine to the world. May all that is done this day be for your greater honor and glory. Men. The speaker pursuant to section 4 of House Resolution 967, the journal of the last days proceedings is approved. The pledge of allegiance will be led by the gentleman from virginia, mr. Cline. Mr. Cline i pledge allegian

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Innovations, but does promise a massmarket car by 2023. Welcome to bloomberg surveillance. I francine lacqua. A lot going on in terms of news flow. We have an etf show coming up but we have some breaking news in terms of pmi for the euro area. A bit of an indication of where we are headed in terms of economic prowess or not. September services pma coming in at 47. 6, below the estimate of 50. 6. Ityou get a figure above 50, means we are in expansion territory which we are not paid european stocks across the board are gaining. Partly, this has to do with some of the recent trends we have seen, certainly when it comes to Market Street the dollar also extending the rally and it does seem like the stocks are steady as equity markets try to build some up one upward momentum after we had a pretty big selloff that cut valuations in early september. Coming up later today, the fed has shelled out 8. 4 billion dollars buying fixed income etfs, so how do jay powell do and of the investors that tr

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Transcripts For CSPAN2 Treasury Secretary Mnuchin Federal Reserve Chair Powell Testify On... 20240712

From the House Financial Services committee, this is two hours. [inaudible conversations] [inaudible] including some required by the regulations. [inaudible] Remote Committee proceedings. Ive asked all members on the platform to keep themselves on me what when they are not being recognized. This will minimize disturbances while members are asking questions of the witnesses. Members on the platform are responsible for muting and on muting themselves. The staff has been instructed not t to meet its members except where a member is not being recognized. If there is inadvertent background noise. Members on the platform are reminded that they may only attend one remote hearing at a time. So if you are participating today, please remain with us during the hearing. Members should try to avoid coming in and out of the meeting particularly during the question period. If during the hearing members wish to be recognized, the chair recommends members identify themselves by name so as to facilitate

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Transcripts For BLOOMBERG Bloomberg Markets European Open 20240712

The cash trade is an hour away. These are your top headlines from the bloomberg terminal. Traversing course. Goldman sachs tell staff in london to work remotely, reversing course after the u. K. Government appeal to britain to head back home if they can. Temporary power. The ecb says the central bank risks legal trouble if it tries to extend crisis era flexibility to regular Bond Buying Program area and battery day with no sparks. Elon musk disappoints as tesla fails to unveil any major innovations, but it does promise a massmarket car by 2023. We are just under an hour away from the start of cash trading in europe. Look at futures and you will see green arrows. The percent missed price points to stronger than 1 gain on the Major National benchmark indexes here. You can see ftse futures up 0. 9 . Take a look at u. S. Futures. More of a mixed picture there. Dow andgreen arrows for s p futures. Nasdaq futures are little changed. Slightly to the downside. What do you see on the dmm . Attr

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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240712

The system . Michael no. He repeated that comment today as his parts of efforts to Tell Congress they need to do more in terms of lending programs, more in terms of fiscal support. Strategy oferall letting inflation run hot or is designed over the longterm to try to help by not cutting off credit to the economy when it starts to reach the lower levels , when Economic Growth starts to help the people he was talking about, which is what they did in the last expansion. Where theill take a long tipecd first 300 billion 300 Million Dollars will go. Andlked with their chairman ceo, brian moynihan, about that program. We have a billion dollars across 1 billion across those programs. One is entrepreneurship, one is educations and job creation, and another is health. You have the healthcare crisis, which affected these communities more than other communities, and that has been statistically proven. We have been doing a lot. Recently, we announced 25 million would go in nearterm health and issue

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