We will receive testimony from the secretary of the treasury and e chairman of the Federal Reserve as required under title iv of the cares act. Congress has appropriated 3 trillion to protect and support americans to fight the pandemic and also to stabilize the infrastructure of our economic system. A large portion of this funding is authorized under title iv of the cares act which provides resources for loans, guarantees, and other investments from treasury and the Federal Reserve 13. 3 emergency Lending Facility and programs in support of eligible businesses, states, municipalities, and tribes. Title iv of the cares act provided 454 billion as an infusion into the exchange stabilizatiofund to support the Federal Reserves emergency lending facilities that facilitate liquidity in the marketplace and support eligible businesses, states, governments, and tribes. This unique authority known as 13. 3 authority is authorized under section 13 of the Federal Reserve act and plays a Critical R
The latest on the road ahead for its potential vaccine. Retail back in the spotlight again, once again, two companies that have remained open reporting target and lowes. Markets this markets posed for higher opening. Dow trails up 294 points right now, 1 and a quarter percent higher, s p up 33 and nasdaq higher by 103 points. All averages better than 1 . Concerns over modernas vaccine trial led to lateday selloff yesterday. Delta Airlines Adding Flights as the country reopens. Ceo of delta is here ed and find out when he expects to see domestic and International Travel bouncing back. Measures to keep passengers safe and boeing prediction that Major Airline will go out of business by the fall. Demand for car products risen 500 . Hard to find on store shelves at 8 30 a. M. Clorox ceo, how they are trying to meet demand nor 5 Dividend Increase and what the future of the business holds. Clorox this morning. Newly declassified email from susan rice showed she tried to protect then president
Refuse to go back to work you will not be eligible for those fat unemployment checks. Unintended consequences when you make more money not to work. Well get reaction from governor Mike Huckabee himself. That and so much more on making money. Charles stocks are higher as connecticut becomes the last state to partially reopen as number of coronavirus cases are drifting lower, and number of people getting back to work drifting higher. Yesterday was a different story. We saw the dow, losses actually accelerate into the final hour of trading, on two things. Headlines from the omb that talking about how bad the Second Quarter will be. There was an article that questioned efficacy of modernas new covid knight, the vaccine trials. Here is the question, did you sell into the late swoon yesterday . Clearly the market was spooked. Im sure many did probably cut bait. If you knew history you would, you might have held and might have even bought. According to spoke research, the market had 14 sharp
Result of the pandemic. Jared joins us to discuss changes to alcohol laws in several states amid the coronavirus outbreak. Host good morning, it is tuesday, april 7, 2020. The number of coronavirus deaths in the u. S. Is now past 10,000. In new york officials expressed hope that the pandemic is in wisconsin voters will head to the polls despite efforts to cancel in person voting over fears of spreading the virus. British Prime Minister Boris Johnson has been diagnosed with the disease and moved to intensive care. We are giving you the chance to talk about all of this this morning on washington journal. Our phone lines are spit up regional ash split up regionally. In the eastern or central time zone, 202 7488000. Mountain or pacific time zones, 202 7488001. You can send us a text at 202 7488003. If you do include your name and where you are from. Follow us on social media csp anwj. A very good Tuesday Morning to you. You can go ahead and start calling and now as we show you the front pa
Cspanhe senate live on two. By the seniored policy analyst at the National Employment law project. Remind us what your group does and how you do it. Work to advance the interests of underpaid workers racism,ting structural erasing any quality, and Building Worker power. Nelp. Org for viewers who want to check them out online. 6. 6 million americans filed to run employment last week. Put that number in perspective for us. How does that compare to the worst week of the Great Recession . Guest it dwarfs the worst weeks of the Great Recession. It is worse than the 3 million that came before, which dwarfed the highest weekly claims number in history, which was 1982. In 1982, the number was around 680,000. The Great Recession never reach any of those numbers. Host what are the projections for this coming weeks numbers . Guest i hesitate to gas. It is possible that it could be even higher because a lot of people have been trying to get through and have not gotten their claims approved. There