Pro forma session, we do expect Mitch Mcconnell to ask unanimous consent to pass the latest Coronavirus Relief measure. Reports are that ideal has been reached on nearly 500 billion for Small Businesses, hospitals and further covid19 testing. The House Majority leader says members are ready to return to the capital quickly to pass the measure. Likely by the end of the week. Take you cliff and after the senate floor on cspan2. The presiding officer the senate will come to order. The clerk will read a communication to the senate. The clerk washington, d. C, april 21, 2020. To the senate under the provisions of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable daniel sullivan, a senator from the state of alaska, to perform the duties of the chair. Signed chuck grassley, president pro tempore. Mr. Mcconnell mr. President. The presiding officer the majority leader. Mr. Mcconnell i ask consent to be recognized notwithstanding the order for a pro forma s
To talk about the vote, the guard rails that are put in now for Small Business loans and what phase four could really look like. Government money, though, will not save Neiman Marcus from the crushing effect of the covid19 epidemic on retailers. The High End Department store chain could file for bankruptcy, some say at any moment, could be by the end of this week, but can saks save it . The former chairman and ceo steve sadove on that and whether we are witnessing the death of the Department Store. Tonight is the first live major sporting event since the virus shutdown, all of the leagues, the nfl, mlb, nba and its the nfl draft, okay . Yeah, its a sporting event, is it not . No touchdowns are scored, though, unless you count the hundreds of millions of dollars flying around to potential picks. We are less than an hour to the closing bell on this thursday. Lets start the claman countdown. Liz we begin with breaking news and it involves amazon. Amazon is denying a bombshell report by th
Mr. Mcconnell so, mr. President , earlier today, leaders in both chambers and the administration reached a bipartisan agreement to supplement the historic cares act. At the core of our agreement is 320 billion more for the paycheck protection program, which is already saving millions of Small Business jobs and helping americans get paychecks instead of pink slips. Mr. President , this is even more money than we had first requested a while back. In the intervening time and at our request, this new money puts a special focus on Community Banks and credit unions. Separately, thanks to the hard work of senator collins and senator rubio, the bill supplies 60 billion for additional Economic Injury disaster loans, and because of senator roberts, senator daines, and our other colleagues from rural states, it will be clear that farmers and ranchers will be eligible as well. Senate republicans wanted more funding for americans paychecks nearly two weeks ago. Before the program even shut down. Bu
Suspending production in South Carolina green arrows across the board. The dow will open about 600 points also looking at the green on the nasdaq and s p 500 if you take a look at what is happening in the treasury as well s p indicated up 72 points in the treasury, youll also see what is happening on the yield in that front. It is the 10year that is yielding closely at 7. 04 . Lets get everybody updated on the latest on the pandemic numbers. Nearly 11,000 people in the u. S. Have died from covid19. The country has more than 361,000 cases. New york has 131,000 of those cases. New jersey reaching a grim milestone with more than 1,000 deaths in the state. Overseas, we have positive numbers from italy that reports its lowest daily number of new cases since march 17 spain reporting its lowest number since march 22nd. The second time since january, china reported no new coronavirus deaths reporting 30 new asymptomatic cases and two with symptoms. President trump has struck a deal to buy mill
Mr. Mcconnell so, mr. President , earlier today, leaders in both chambers and the administration reached a bipartisan agreement to supplement the historic cares act. At the core of our agreement is 320 billion more for the paycheck protection program, which is already saving millions of Small Business jobs and helping americans get paychecks instead of pink slips. Mr. President , this is even more money than we had first requested a while back. In the intervening time and at our request, this new money puts a special focus on Community Banks and credit unions. Separately, thanks to the hard work of senator collins and senator rubio, the bill supplies 60 billion for additional Economic Injury disaster loans, and because of senator roberts, senator daines, and our other colleagues from rural states, it will be clear that farmers and ranchers will be eligible as well. Senate republicans wanted more funding for americans paychecks nearly two weeks ago. Before the program even shut down. Bu