Good afternoon. President elect biden and i just met with some of our nations business and union leaders. Together they represent millions of workers across our country. And some of americas leading technology, auto and retail companies. We had an important conversation about the impact that this pandemic has had on workers. Especially essential workers, frontline workers, who have risked their own health and the health of their families and many whom have given their own lives to keep us safe and keep our economy running. And we all know that this pandemic and this recession have hit communities of color particularly hard. Black americans and latinos are threetimes as likely to contract covid as others and more likely to die. Native americans are more than four times as likely to be hospitalized as others. And last month, the Unemployment Rate for black americans was almost twice the rate of others. And we have also had a conversation about the impact this pandemic has had on our econ
Quorum call quorum call mr. Mcconnell mr. President . The presiding officer the majority leader. Mr. Mcconnell i ask consent that further proceedgs under the quorum call be suspended. The presiding officer without objection. Mr. Mcconnell i move to proceed to executive session to consider calendar number 864. The presidin officer question is on the motion. All those in for, say aye. Those opposed, say no. The ayes appear to have it. The ayes do have it. The motion is agreed to. The clerk will report the nonation the clerk nomination, the judiciary. J. Philip calabrese of ohio to be United States district judge for the Northern District of ohio. The presiding officer i send a cloture motion to the desk. The presiding officer the clerk will report. The clerk clore motion we, the undersigned senators, in accordce with the provisions of the senate, do hereby move to bring to a close debat on the nomination of j. Philip calabrese ofhio to be United States district judge f the Northern Distr
The year dow is set for a record close, approaching 30,000 with 59 minutes left of trade. Up 1 2 on the dow sara 29,830 currently. Coming up todays show, we are waiting president elect biden to make some comments on the economy. His economic plan that should come any minute. We will take you there live. In the meantime, a rare interview with operation warp speeds dr. Slaoui he will weigh in on the moderna news and what the rollout will look like. Plus the positive vaccine theus with mark moabious his eye on emerging markets. And mike wilson saying next year will be all about earnings we will discuss with Morgan Stanleys chief u. S. Equity specialist mike santoli joins us. Meg tirrell has the latest on covid19 news. Eamon javers will go over president elect biden speech on the economy when we get there. Lets start with mike santoli. We below on the s p 500 where we were this morning, by about a third of a percent below last monday mornings high about a third of a percent but looking at
Vote vote vote vote vote vote the presiding officer are there any senators in the chamber wishing to vote or change their vote . Hearing none, the yeas are 64, the nays are 24. The nomination is confirmed. Under the previous order, the motion to reconsider is considered made and laid upon the table, and the president will be immediately notified of the senates action. Mr. Thune madam president . The presiding officer the senator from south dakota. Mr. Thune i ask unanimous consent that the senate proceed to legislative session and be in a period of morning business with senators permitted to speak therein for up to ten minutes each. The presiding officer without objection. Mr. Thune madam president , i have four requests for committees to meet during todays session of the senate. They have a approval of the majority and minority leaders. The presiding officer duly noted. Mr. Thune madam president , before i begin, i want to acknowledge the tremendous news released yesterday that early
Talks have been delayed until thursday. Diplomatic and trade tensions between australia and china formed the backdrop as the rba prepares its latest statements. Economists see no change. Shery we will start with breaking news out of south korea. We are getting the final Third Quarter gdp numbers. When it comes to the year on year numbers, a contraction of 1. 1 . This is coming in a little better than expected. The quarter on quarter numbers also rising more than expected, 2. 1 , and beating estimates of growth of only 1. 9 . We have seen some pretty positive ratings especially when it comes to the south korean export numbers. They have seen a lot of external demand, especially in china and the u. S. , despite the fact we continue to see virus infections accelerate in those economies. Again, thirdquarter gdp numbers for the final numbers now beating expectations and coming in at growth of 2. 1 quarter on quarter, haidi. Haidi lets take a look at where we are sitting when it comes to thi