Speaker pelosi under huge pressure to jumpstart the stimulus talks. A lot of people saying that. Francine that will filter onto the markets. Lets get straight to bloomberg first word news. Ritika good morning. Republicans are pushing back against Donald Trumps refusal to commit to a peaceful transfer of power. Mitch mcconnell tweeted the process will be orderly, just as it has been every four. Years since 1792 also every four years since 1792. The senate also committed to a peaceful transfer of power. Democrats have started drafting a new stimulus proposal that could get past the house next week. Smaller than the package the house passed in may, it is still larger than Senate Republicans say they can expect. President trump said he will go as high as 1. 5 trillion. In the u. K. , rebel members of the conservative party are threatening to seize the parliament to block new coronavirus rules. At least 40 tories have put their name to an amendment wiping out the government majority on the
True regardless of where they are, and whether they are run by republicans or democrats, are trying to find a way to give voters options, ways they can vote that they feel safe, and feel convenient to them. This means expanded voting in almost every case. Every state is going to see a Record Number of ballots received by mail. It also means expanded early voting, finding appropriate voting sites for voting in a pandemic, which means they need to be large enough to accommodate social distancing. Also making sure that Election Officials can recruit enough poll workers to staff those sites. We need about one million poll workers in the president ial election, but the fast majority but the majority of poll workers historically have been over the age of 60. Host define for us, the difference between mailin voting and absentee voting. Guest that is easy. There is essentially no difference. There are basically three types of mailin voting in the United States. There are a small number of stat
American Psychological Association ceo arthur evans joins us to discuss stress in america report and how covid19 is affecting Mental Health field Mental Health. Host as Congress Tries to hammer out the covid relief package, Small Businesses are in trouble. Business health and cashel have stalled. Yelp says 2800 businesses in new york city alone have closed. The Small Business administration has given out more money in the past few months than its entire history. It is tuesday, august 4, 2020. We welcome you to washington journal. We will spend this first hour asking you about the impact of the coronavirus pandemic on Small Business. If you are a Small Business owner, call 202 7488000. Or former an employee Small Business employee, 202 7488001. For all others, 202 7488002. Texts, 202 ur 7488003. Tell us your name and where you are from. On twitter, cspanwj. Facebook. Com cspan. Negotiators on capitol hill continue with the pandemic relief package. We will hear more about that later. Her
Copper, all getting caught up in this risk off seer. Time for Global Exchange where we bring you market moving news. From hong kong is reporter ian marlowe. From london is emma chandra. From new york and miami. Over the weekend, you had protests continuing in hong kong. However, china is seeing some positive signs the hong kong and Macau Affairs said a consensus has emerged to put an end to violence and chaos. Positive changes are emerging in hong kong, most importantly, putting an end to violence and chaos has well as restoring the order has become the strongest and broodest consensus of the hong kong society. Alix we welcome marlowe ian. Is that true or is that violence a reality . Yeah, i think its a bit of both. The violence over the weekend is certainly something that transfixed the city. You had a huge roadblock that was set on fire throwing molotov cocktails. And monday and tuesday, we had a little bit of comments coming from both the hong kong local government and today from Be
Enters a third day. The u. S. Is moving an Aircraft Carrier strike group closer to the region. We are watching wider diplomatic fallot as one report says iran helped hamas plan its unprecedented crossborder assault. Shery watching the wildcard in the oil markets. At the potential the conflict could spread to the rest of the middle east. Gains for oil prices on that potential up 86 per barrel for wti. Rent is past 88 per barrel after oil posted the biggest weekly drop since march. Iran is a Major Oil Producer and key backer of the hamas group. Though there is no immediate threat is applied. People are watching what will happen with the shipping on the strait of hormuz where tehran has threatened to close it in the past. I did the treasury space Higher Oil Prices could mean higher global government yields freed we saw the 10 year yield and 30 year yield at the highest levels since 2007 last week. We saw a little more stabilization through the week with cash treasuries closed monday for t