I want to take a few brief opening remarks and then ill turn it over. Then ill turn it over to Ranking Member sanders. We are here today to consider, to serve as the nest director of budget. To serve as the director since there were 20. Teen President Trump nominated him in march as the nations facing a unprecedented crisis, both health and economic from the covid crisis. The office of management and budget paint played a key part, in addition to building the president s annual budget we also to do financial, management grants management, information technology, program assessment, and Property Management just to name a few. Given the vast responsibility over the organization its important to have a senate director in place. Before we hear from the Deputy Director of want to discuss our response to the coronavirus pandemic. Congress working with the president to provide needed relief for individuals and businesses and state and local government on a series of bills resulting in spendin
Protests in atlanta. The shooting now ruled a homicide. Parts of seattle remain under siege. The mayor supporting protestors calling their actions an act of patriotism, President Trump saying that the mayor and governor should be ashamed of themselves tweeting that the matter can easily be fixed. Mortgage rates dropping to a record low, quick and loans ceo joins me at 8 30 a. M. Eastern time. Find out who can take advantage of low rates and what it could mean for housing recovery. Mornings with maria is live right now. Fears of second wave of coronavirus hitting Global Markets. Europe markets are selling off, down to tune of 1 in england, france and germany. Restrictions easing up in the uk as retailers reopen, many European Countries opening their borders to travelers today. In asia overnight, you can take a look at major markets there. Lower across the board from korea, japan and shanghai. More signness of slow recovery in china. Industrial output coming below expectations rising 4 i
Order to support Economic Growth following the coronavirus pandemic. This News Conference runs an hour. Good afternoon everyone. Thank you for joining us. Our country continues to face a difficult and challenging time as a pandemic is causing tremendous hardship in the United States and around the world. People have lost loved ones and many millions have lost their jobs and there is great uncertainty about the future. At the Federal Reserve we are strongly committed to using our tools to do whatever we can and for as long as it takes to provide some relief instability to ensure the recovery will be a strong as possible and to limit lasting damage to the economy. The most important response to the crisis has come from a healthcare workers and on behalf of the Federal Reserve look me express our dedicated individuals who put themselves at risk day after day and service to others and to our nation. Let me also think the essential workers across the country who have helped meet our basic n
Yeas and nays are ordered. He orvotes objected to under the house irule 20. Proceedings on postponed questions at a later time. For what purpose does the gentleman from california seek recognition . Madam speaker, i move hat house suspend the rules and pass that the house suspend the rules and pass h. R. 2227, as amended. The speaker pro tempore the clerk will report the title of the bill. The clerk h. R. 2227, a bill to amend the Service Members civil relief act to authorize spouses of Service Members to incur a catastrophic injury or illness or die while in military service to terminate leases of premises and Motor Vehicles and for other purposes. The speaker pro tempore pursuant to the rule, the gentleman from california, mr. Takano, and the gentleman from tennessee, mr. Roe, each will control 20 minutes. The chair recognizes the gentleman from california, mr. Takano. Mr. Takano madam speaker, i ask unanimous consent that unanimous consent that all members have five legislative days
Government is contemplating isnt going to just let facebook off the hook for policing free free speech its its going to possibly wipe out free on line speech entirely you see on wednesday this week u. S. Attorney william barr convened a workshop featuring many of the Tech Companies critics to explore potential changes to section 230 of the Communications Decency act which was passed back in 1996 and that is a long time critic of section 230. 00 attorney general barsa could instruct his Justice Department to explore ways to limit the provision which per tax on Line Companies from liability for User Generated Content meanwhile the kings of Silicon Valley are quickly realizing that all is now well with their worker bees as this week we also saw these circus storm the ramparts one that workers at the crowdfunding platform kickstarter made history on tuesday when they voted to unionize making them the 1st in the industry to do so. What a day what a week in Silicon Valley online free speech