Of the United States. Its kind of our way, or the highway. Mississippi senator roger wicker on all of that very shortly, In The Meantime, to Mark Meredith on how this is all going down, fueled by not only the president stating that this is the only way to do it, republicans, at a jobs report which might have helped his argument. Mark . Reporter neil, good morning to you right that jobs report is having an impact on the discussions. President biden counting on house and Senate Democrats to pass his 1. 9 trillion Stimulus Package. Republicans want the president to reign in spending but the president made it clear yesterday that hes willing to do this on a Party Line Vote if necessary to fund a few priorit ies like the 1,400 round of stimulus checks that he wants to see go out, more money for Food Assistance programs, as well as extending those enhanced federal Unemployment Benefits. The president making it directly in a speech on friday. Others think that things are Getting Better and we
Maybe that is something he wants to do to create well live this washington journal segment here to return to live coverage of the u. S. House. En in the following order. Motions to suspend the rules and 387 to House Resolution and pass h. R. 4508. First electronic vote will be conducted as a 15minute vote. To clause 9 of rule 20, remaining electronic votes will e conducted as fiveminute votes. Pursuant to clause 8 of rule 20, he Unfinished Business is the vote on the motion of the gentleman from rhode island, mr. Suspend the rules and agree to House Resolution which the nded, on yeas and nays are ordered. Title. Rk will report the the clerk House Resolution 387, continued condemning violence against civilians by armed groups in the Central African republic and supporting lasting o achieve a political solution to the conflict. The speaker pro tempore the uestion is will the house suspend the rules and agree to House Resolution 387, as amended. Members will record their votes by electron
The moves weve seen markets everywhere were rattled by this news look at the treasury market. The tepyenyear went all the w down to 1. 89 . This morning the yield is lower, 1. 847 this is happening as you look at yields rolling back to levels we have not seen since november of 2016 the 30year is yielding 2. 377 the twoyear is at 1. 70 the five year at 1. 648 overnight in asia, stock theres took it hard you will see that the nikkei was down 2. 1 . The hang sens off by 2. 35 the shanghai was down by 1. 4 . In europe this morning, there are red arrows there as well with significant losses. The cac is down by 2. 75 the dax is off by 2. 6 the ftse off by 1. 9 so around the world all of this, people are watching closely to see what this means for the economy. Maybe no better market to see that in than the move in crude oil prices yesterday wti was off by more than 4. A decline of 7. 9 . Thats the worst single day performance since february of 2015 concerns about what this all will mean for t
a very good thursday morning to you. i m jim sciutto. and i m erica hill. janet yellen is going to be on the hill where she is going to be talking about the budget, and there is going to be plenty of questions about the budget and she is going to need a calm tone where she tells americans that their deposits are safe. we will bring that to you live. and the moment when a russian jet collided with a american drone causing it to crash into the ocean. we will show you how. we rebbring you to the statf the u.s. economy now. matt egan is joining us, and everybody is paying attention to the secretary this morning and the words, and she is getting out ahead of this a little bit with the words telling americans to be calm and their money is safe. yes, this is a big moment for the treasury secretary and she knows that confidence is a fragile thing, and she knows that it has been shaken by the failures, and she wants the americans to know that the money in the bank is safe, a
is a monster move again, and they have signaled that they are not done and project nag the interest rates are going to be going significantly higher from here, and the message that the fed is trying to convey is clear. they are serious about trying to get stubbornly high inflation back down, but the moves they are making here have lifted the interest rates to the highest level since 2008, and now the fed was late to this inflation fight. they did not start raising interest rates until earlier this years, and they have been forced to play catchup, and that has forced the interest rates to go rapidly higher, and we have not seen three straight moves of a percentage point and we have not seen anything like that since the modern era, and you have to go back to 1981, and this is not a perfect comparison, because that is before the fed publicly announced the fed moves, and what does it mean? it means the borrowing costs are higher, and interest rates and car loans and mortgage rate