Better. Im tom kean in new york and joining me is taylor rigs this morning. I love the chart you put out on high yield this morning. What else do you see in the markets . Taylor what does it mean when the fed comes in and buys junk bonds, tom . Weve never seen it before, supporting the fallen angels. Massive rally in the high yield market not to mention a bit of the equity markets, coming off the best week since 1974. Some of that seems to be reversing this morning. Tom im really thrilled with the conversation were going to have with the vice chairman and we look for that at 6 30 this morning. Im particularly thrilled Michael Mckee will join me and there will be some interesting questions. Im taking a broader perspective and michael wants to drill down as he does at the press conferences to the minutia, the details, the mystery of all the alphabet soup that the fed has done as well. We continue our huge news flow this morning with our first word news in new york city with viffauno hurt
Away. Theres also movement this afternoon on pandemic relief. Despite a twohour meeting in the Oval Office Last night on the president s plan and a much smaller republican counteroffer Congressional Democrats are now moving to fast track their 1. 9 trillion package. We have so much more on what that means for struggling americans in just a moment, but, first, lets Dig A Little Deeper on this legal response filed by the former president s attorneys. Our cnn chief domestic correspondent jim acosta is live with me this afternoon. Jim, this all goes down one week from today. What will we be hearing from team trump . Well, what youre going to be hearing, brooke, is part of what you just said a few moments ago, constitutionally they will argue that the president cant be convicted at the senate trial after leaving office as president , but they are also going to say that the president s comments on january 6th, that rally on the ellipse just before the riot that took place at the Capitol Fall
Weve learned that house gop leader Kevin Mccarthy is expected to meet tonight, very soon were told, with congresswoman Marjorie Taylor greene, who is under a lot of fire for spreading Conspiracy Theories and extremist social media lies and posts. Among those criticizing her, Senate Minority leader Mitch Mcconnell, who slammed what he called her looney lies saying theyre, quote, a cancer on the party. Meanwhile, both sides have filed pretrial briefings just ahead of former President Trumps upcoming Impeachment Trial next week on the floor of the u. S. Senate. They say trumps blame for the attack on capitol hill is, quote, unmistakable. Trump says the senate has absolutely no authority to try an expresident. Lots going on. Lets given with our coverage on capitol hill. Manu raju is joining us now. Republicans are piling on Marjorie Taylor greene ahead of her meeting thats coming up, were told, fairly soon with the house g op leader. Yes, Senate Republicans are piling on Marjorie Taylor gr
Threatening to halt much needed checks to millions of americans. Desperate times. Some hospitals now forcing two patients to share a single ventilator this morning a look inside one of new yorks busiest hospitals where doctors are doing anything they can to fight the virus. Those cases plus danger zone, deaths in louisiana. The dramatic spike blamed on new orleanss most iconic celebration. People werent only catching beads here, they were catching the coronavirus. Just ahead, desperate plea for help from louisianas governor and the nfl star stepping up in a big way. Drew brees joins us live january 27th, 2020 from nbc news, this is a special edition of today, the coronavirus pandemic with Savannah Guthrie and hoda kotb hi, everybody, good morning. Welcome to today. It is friday morning thank you for being with us. Im home again hoda, its been a lot week a lot of developments and that continues. A busy morning. Major developments on the coronavirus. The 85,000 cases in the u. S. , now t
Traveling again. And the layers of pakistans a rapid transport project has many blaming the Prime Ministers provincial government for corruption. And im peter some of these sports as you heard the 2020 Olympic Games in tokyo or later this news of a look at what it means for the athletes who will now have to wait until 2021. Well we begin this hour with breaking news out of torture the 2020 and then fix have been perspire and the announcement was made just in the past alibi Prime Minister shinzo he says he has asked the i. O. C. For an up to one year postponement of the tokyo island fix and now appears likely that theyll be held in 2021 nowadays are vassal followers weeks of insisting it would go ahead in july as planned its like you know the whole. First of all once again i confirmed with the i. O. C. President back that there will be no cancellation of the Tokyo Olympics or paralympics furthermore as the host of the tokyo lympics taking into consideration the Current Situation for the