More than 90 effectiveness in preventing the disease. This is very helpful news. And it is a trip to the innovative power of the private sector and efforts of congress and the Trump Administration to expedite the development of Covid Vaccines. A light at the end of the tunnel looks likeat its on the way. At the same time, madam president , it is essential esst minimize whats happening with covid right now. Cases are surging and are likely to surge further. Doctors and hospitals are struggling. Its essential we maintain key Safety Measures until those vaccines arrive. Number than everng we need to kp wearing masks, washing our hands and maintaining social distance. The more responsibly that we add, the more we can protect vulnerable members of the population and keep our doctors and hospitals from being overrun. Acting responsibly can alsols hp avert for the economic set of which would be a devastating blow to a lot of struggling businesses. I know its been a long, hard year and everyon
Saying china is the greatest threat to democracy worldwide. The u. S. The bloomberg u. S. Dollar index. Crude getting a lift after an opec agreement that came through. Theyre going to be keeping curbs in place in terms of production but we could see on a month by month basis some of those curbs being removed. Agrees to ease cuts more gradually. Gold about 1 10 of 1 lower. Bitcoin using some of its sheen and declinings extensive 1 . With all that in mind, lets find out what is happening in new york. Karina we start with the news on pfizer. It slumped on reported may ship only half of the vaccines it planned to this year. Issues supply chain will cut it to 50 million. Anthony found she is taking the u. K. For rushing to clear the pfizer vaccine. Moderna claims it shows what it claims is durability. Republican Senate Majority leader Mitch Mcconnell is calling for a smaller more focused stimulus package for the u. S. Economy as democrats scale back demands to find a route forward. The base
2 15 p. M. Eastern and we have live coverag here on cspan2. Earlier sators john thune and dick durbin talkn the ongoing coronavirus pandemic the governments response. Madam president , yesterday drugmaker madonna fired for emergency youth authorization from the fda for the Covid Vaccine and the fdas Vaccine Advisory Committee is scheduled to discuss pfizers Covid Vaccine next week and is excited to review maternals shortly thereafter. That it is entirely possible that by the end of december the fda will have authorized, not one, but two Covid Vaccines that are so far shown more than 90 effectiveness in preventing the disease. This is very hopeful news. It is a tribute to the innovative power of the private sector and the efforts of congress and the Trump Administration to expedite the development of Covid Vaccines. The light at the end of the tunnel looks like it is on the way and at the same time, madam president , it is essential would not minimize with happening with covid right now
Procedural vote for the nominee for the Credit Administration board. Now live coverage here on cspan2. The president pro tempore t senate will co to order. The chaplain, dr. Black, will the chaplain let us pray. Eternal master, continue to be our shelter from lifes storms and winds. You have provided us with your presence and a reminder in hebrews 13 5 that you will never leave or forsake us. May this knowledge of your watchcare sustain our senators through this challenging season. Grant that their work will become more meaningful and effective as they cultivate a greater awareness of your divine companionship. We pray in your loving name. Amen. The president pro tempore please join me in the pledge of allegiance. I pledge allegiance to the flag of the united stat of america, and to the republic fowhich it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam president . The presiding officer t senator from iowa. Mr. Graley one minute for morni
Weve had confirmation of a monster deal. Ryanair, europes largest carrier, committing to the 737. Maxs. Oing to buy 75 737 this comes on the heels of that grounded,being un after the huge grounding following those two crashes. We will be talking to the two ceos of these companies at the top of the next hour. Alix this is your super bowl. I just want to point that out. Some data dropping right now as well. Ism men effect ring data for november ism manufacturing data for november. Mike mckee has that. Michael it is slightly less than we expected. It comes in lower than the prior month. The services pmi comes in at 55. 9 from 56. 6. Not much of a change. Still growing strongly, which is important because this is a Services Economy. New orders were down a touch, as is the business facility. 51. 5 from 50. 1. In the Manufacturing Survey earlier this week, we saw employment fall into contraction soritory for manufacturing, Rising Services employment is still good news for the auto for the ov