Because of it. And the retail divide continues. Walgreens and Bed Bath Beyond getting crushed today following weak sales updates and the staples names like walmart and costco are higher. The s p 500, were 59 minutes left of trade. Its not there the nasdaq is up 0. 6 . The s p 500 is a little bit lower. Just a few moments, well speak with alpha one capital dan niles about the market selloff why tech in particular has been outperforming and what to do now. Plus, former treasury secretary jack lew will be with us to weigh in on joe bidens economic plan and work from home winner service now, it is up 50 on the year Just Announced a new partnership with zoom. Bill mcdermott will be live to discuss. Another very strong day for the cloud names. Lets get straight toour big story of the day the market selloff mike santoli is tracking the action all day long which does appear a bit better in terms of the losses, mike yeah. This was a day when we sold the rip in the morning and then bought the di
And allowing the government to negotiate medication Prescription Drug prices. And for residents and homers to stay in their homes during the pandemic. Live coverage of the house. The speaker pro tempore the house will be in order. The prayer will be offered by father conroy. Chaplain conroy let us pray. God, thank you for giving us another day. Those who omfort suffer from coronavirus. Healing. Bless and comfort those who mourn the loss of loved ones in wake of covid19. Psalmist, we turn to you. Have mercy upon us, o god, for treated harshly. Harshly all t us the day. Attackers. Re our almost high when we are afraid place our trust. We praise the word of god. Not fear. N god and do all the day our enemies foil our plans. Their every thought is of evil against us. Lie in wait for our lives. Our threats are many, o god. Unrest in Police Reform, aggressive russian and policies, a struggling economy. Our time of need. Bless the peoples house and may that is done be for your amen. R honor a
First responders during the coronavirus pandemic. The house sign space and Technology Committee is hosting. You are watching live coverage on cspan. We can understand more clearly what we are facing. Significant n to local estate tax revenue. And other sources of support for Fire Departments. Facing some departments the hardest decision for firefighters in this crisis. We are in the middle of this health guide trips Health Crisis that at the same time the country is addressing longstanding racism. We are also in the early days of [inaudible] paul. Are not on mute, im sorry . [beep] ok. Thismain in the middle of health and economic crisis at the same time our country is confronting racial injustice. On top of that, we are in the early days of an honest wildfire hurricane season. This is a time of great uncertainty. , people are counting on us to ensure our First Responders have the tools and support they need to do their job well and safely. I look forward to Todays Congress andout help
We will receive testimony from the secretary of the check treasury as required under title iv of the cares act congress has appropriated 3 trillion to protect to fight the pandemic and to stabilize the infrastructure of our economic system. A large portion of this funding is from the title iv of the cares act which has significant resources for loans and loan guarantees and other investments from the Federal Reserve with the emergency lending facilities in the states and municipalities and tribes. The title iv provided 454 billion as the infusion into the Stabilization Fund to support the emergency lending facilities that facilitated the qualities to support eligible businesses, states, local governments and tribes. And to be authorized under section 13 and to stabilize those markets but the Federal Reserve announced the establishment of the intent to establish to support the Financial Markets and businesses including some that are supported by the cares act. Last week other members of
Heard officials of both administrations for two decades talk about agreements that are eventually going to happen, and they almost never do. Ambassador lighthizer has been a bit of a pit bull on this piece of it, but discussing it in the interagency process isnt really the same as pushing to help statebased backers understand that this has real consequences. I am glad it is a topic for discussion, but i would just say ,n the Intelligence Community oversight in the legislature, this is an increasingly bipartisan issue that republicans and democrats believe it is important to be holding these faux private Sector Companies in china to account, and show that we mean it, not just to say eventually somebody is going to come up the stairs if you keep stealing ip, and they continue to do it. For what it is worth, i think of one perspective on an increasingly bipartisan basis is serious. Sen. Crapo thank you. Thank you, mr. Chairman. My question is quite simple. Can i get both of your commitmen