Campaign chair. We have live coverage on cspan. A little different then usual, but we are here, our whole team. We will be here all week. Our first guest is tom perez. The leader of the Democratic Party. He is also an architect for the convention. They will be here to watch the democrats officially nominate joe biden. Due to the coronavirus pandemic the convention is virtual, mostly and it will include Vice President bidens acceptance speech. You have lined up a lot of heavy hitters in the party to keep this going online. So lets talk about it. Thanks for being here. It is a pleasure to be here. It six an exciting week. Weve heard a lot about the campaign being a referendum on president trump. But this is about your message country. What is your focus in pitching Vice President biden to the nation . Mr. Perez our messages about uniting america. Not just the united uniting the Democratic Party. With had Great Success there. This is telling everyone across america you have a seat at the
Or sleepier . Dana i would have gotten 10 hours of sleep if i went to bed like i felt like it. If you have any tips or tricks for the new schedule. Bill dana is here in the morning and evening and doing it all right now. Dana i went to bed earlier than most children last night and our Line Producer went to bed. Bill more caffeine. Eight hours. Dana we have a capitol hill watch with jackie heinrich. The Senate Moving Forward on covid relief without republican support . Thats right, dana. President biden reportedly told democrats to move forward with his 1. 9 trillion proposal not long after sitting down with Senate Republicans to try to hash out a bipartisan deal. 618 billion proposal was swiftly rejected. Democrats cleared a procedural hurdle to go forward with Budget Reconciliation to pass bigger bill with a simple majority. Republicans can join us but dont try to go against us. We have the majority and we arent backing down. Our members who were in the meeting felt that the president
A virus lockdown winner has emerged. Its walmart. They have had the advantage of remaining open and they finetuned their delivery and pickup services. They have done very well. Look at this. Same store sales, up 10 . Huge. Sams club sales up 12 , even bigger. Ecommerce, now, this is a big one, up 74 , online sales. That is remarkable. The stock, we are quoting premarket now, the stock is up nearly five bucks, 3. 8 . Okay. This is going to be a live action day. Two top money guys head to capitol hill. Speaker mnuchin, jay powell, they will be discussing what they think still needs to be done for the economy. You want my opinion, please give us Liability Protection. The president addresses the nations farmers. What do they need and whats with the Food Supply Chain. We will carry his speech live. Thats in our 11 00 hour this morning. Then theres the market. After yesterdays 900point gain. That rally followed encouraging news on a vaccine from moderna and the rapid reopening of the economy
Block of ellis. This started at 6 30 this morning a couple of blocks from here at jones and ofarrell. According to officers, they made contact officer fired his gun because the man was armed and threat with a knife according to a Public Safety officer on the scene here. A command center is set up where we are right now. One employee says he and his coworkers heard sirens and watched police arriving on the scene. They took to social media to find out what was happening. We saw there was an active hodge situati hostage situation. We continued to see s. W. A. T. Cars and all sorts of craziness here on an otherwise pretty quiet day. Reporter to be clear, this is not a hostage situation, but a standoff with a man barricaded inside glide methodist church. No one else is in the room with that man, according to the Public Information officer. He said theres no evidence the suspect was wounded when the officer fired a shot. No one else was hurt either. There are a lot of homeless encampments in
Starting to take tentative steps toward reopening. Numbers released, adding nearly 16 million subscribers and crushing estimates. Taylor, we have to start with oil today. What is happening . Taylor when we spoke yesterday, it felt like the equity markets were not pricing in some of the panic in the oil markets. Today, that changed. Some of the nervousness started filtering through. They are off about 3 or so. Nasdaq off about 3. 5 . What that meant is that these oil markets are really starting to break down. Know that the may futures contracts expire today. Some of the june contracts are starting to roll over. We are getting the sense that if that continues to fall further, this is not a may contract technical glitch, this is more of a macro issue. Concerns remain on the demand side as well as the oversupply. Some nervousness was filtering in the oil markets today. Netflix,ts talk about crushing its own estimates, adding 16 million subscribers. I know i was watching tiger king. The que