Both banks reported betterthanexpected results but they warned there are still risks looming for the economy. Today our swing state economy series continues from here. The state of florida, were now in Pinellas County which could actually endp deciding the election. It is really the Battle Ground of all battlegrounds. Well talk coming up why that is the case from here in Clearwater Beach. First the news, fox Business Team coverage of todays top stories. Blake burman is the a the white house. Hillary vaughn reporting on the Supreme Court hearings from capitol hill. Both Jackie Deangelis and susan li are in our new york newsroom. Blake, we start with you. Reporter connell, when it comes to covid relief here in washington there is seemingly a disconnect on both end of pennsylvania avenue. Lets start with the other side up on capitol hill because Senate Majority leader Mitch Mcconnell today suddenly announced that he would be putting up for a vote next monday a 500 billiondollar relief pac
Charges and they carry very heavy penalties. They range from 15 to 20 years in prison he could also be fined 5 times up to the amount that hes received so it could run into tens of millions of dollars now were not sure when sentencing is going to take place the judge could defer that to a later date but well have to wait and see but for now we know that hes guilty of all 7 charges but this is only the 1st of several trials that knowledge it faces in relation to the one m. T. V. Corruption scandal and this trial only concerns the 10000000. 00 he said to have received or hes received the judge that from s. R. C. International a former Subsidiary Company off one m. T. B. A notch it is no longer the leader thats the United Malays National organization the dominant party in malaysian politics but he still enjoys very strong support within the party and also outside of that policy and we saw how high ranking officials including the Party President what court to support not just on tuesday no
Not want to see this Current Situation but it puts the responsibility at the foot of washington saying its also up to washington to now act to either withdraw its move to close the chinese consulate in texas old to create conditions from which this bilateral relationship can improve now we will waiting to hear which consulate would close there are 5 consulates located in Mainland China and we also have the embassy of course in beijing there was some chance that it could have been the 2 which is quite a small quantity but chung do it is a much more significant consulate located in the southwest of china it was founded in 1985 a just a few stops about 6 american officials at the time and 29 local stuff now there about 200 staff working at the consulate in chengdu including about 50 u. S. Officials there and they work in variety of areas commercial economic and its also considered quite an important listening post for the u. S. When it comes to issues around that and whats happening in sh
The country weve just started this process and frankly we have no choice but to get involved democratic mazza 15 cities have condemned the move as author and terry and in a letter to the attorney general but the mayor of chicago has since indicated she is willing to cooperate 100. 00 has more. At the president s News Conference he was talking about Something Like 200 officers i am told here on the ground as of yesterday the number that federal officials here were told was more like a 110 whatever the number is these are going to be people who are going to be investigating existing crimes theyre not going to be boots on the ground theyre not to be armed and out on the street and that is one of the things that has apparently changed the mayors mind here in chicago what the president is doing here is we just have to say it as it is i mean its political. He has been very critical of all of these protests in the democratic cities all of the ones resounding people of democratic mayors and he
Aggressively for example by attempting to interfere other countrys elections by prepositioning itself in other countries Critical National infrastructure of yes or state my pump air has congratulated britain on its shift away from china china angela reports from london. Britain is having a change of heart of the china and the u. S. Is here to hold its hand on his visit to london secretary of state mike pompei and applauded Prime Minister Boris Johnson agreeing to ban Chinese Telecoms Company while away from its 5 g. Infrastructure and ending its extradition treaty with hong kong to move the u. S. Is also making later he spelt out the dangers of the us is geo political rival and the Chinese Communist party the c. C. P. Sexploitation this disaster to further its own interest has been disgraceful rather than helping the world general secretary she has shown the world the partys true face we talked about how we seen hong kongs freedoms crushed to watch the c. C. P. Bully its neighbors mili