Were interested in having the chairman address that issue also. These are some of the major issues we will discuss, and i certainly look forward to hearing chair yellens thoughts on this. There is also growing uncertainty that we should add to the occasion. Too many mornings we hear breaking news or pick up the newspaper and find headlines we dont want to read. That appears to be a spreading cancer not only in the United States but also throughout the world. And so the uncertainty that that levels and the impact that it has on economic policies is perhaps another issue that we ought to be discussing. This morning, unfortunately, the house of representatives has a series of votes coming up shortly, so there may be some in and out of members having to deal with that as were trying to wrap up our session. Im going to try i will ask our members to try to keep their remarks and questions to five minutes. If we need a second round, we will try to accommodate that and also try to accommodate
Minutes. If we need a second round, we will try to accommodate that and also try to accommodate those that have had to run out for votes and will come back. Chair yellen, all of us sitting up here today would love to wake up to headlines in the wall street journal, headlines in the new york times, pictures on the front page of financial times. I have all these things that highlight you this morning as person of the day. I dont expect you have that same enthusiasm waking up every morning, but were certainly pleased to have you here today. I would like to turn to congresswoman maloney, our Ranking Member, and mr. Teaberry and ask him to take a moment to speak to us as the new congressman. Thank you, ms. Yellen. I look forward to your testimony in advance of the Congress Meeting in which you will decide whether or not to raise the federal funds rate. I am interested in hearing your perspective on the following issues and others. What Current Trends do you find most important do youin help
Readings. Manus the worlds secondbiggest mobile carrier in an m a spree. Well tell you what to watch. Mark welcome to countdown. Manus coming up two more bloomberg exclusives with tech titans. We are told why the u. K. Needs to stay in europe but the chief of the you ks Biggest Software maker says that British Business is resilient with her without the you. Morewithout the eu. Mark lets bring you up to speed with what you have missed. David is in hong kong with a look at the asian markets, good morning. David good morning. I mentioned earlier asia woke up to a rally on wall street. Things a started quiet, but once you had the hang seng the Chinese Markets opened and that is where we got a lot of heavy lifting done. The original benchmark, more or less at a threeweek high. Third day of gains. The shanghai composite is up 3 . Another 100 point game. Gain. This market is not for the fainthearted. Hang seng up and look at the topix index. Sevenyear high for japan. Week in southeast asia. A
Lives. By the way, that steve fda is steven hahn. Not only that, the president accuses the fda of purposefully stonewalling them in an effort to hurt the reelection chances. Trump is not being trump not being reelected is more important to a bunch of doctors than saving the lives of literally tense of thousands of americans. He didnt stop there. In a really bad attempt at a magicians mind game trump inserted the word doctors and studies when he meant i. Many doctors and studies disagree with this, this being the fdas decision to revoke the emergency authorization for hydroxychloroquine and chloroquine for covid19 because they only work on treating covid19 in Donald Trumps mind and not in reality. The fda consists of doctors, Health Officials and experts. Trump is none of those. The fd a is a nonpolitical body. A very similar situation has been playing out with the United States Postal Service, another nonpolitical body which trump has nonetheless corrupted at the expense of american pe
The eastern shore. Parks and public spaces in washington, d. C. Are open. So are hiking trails in the National Parks out west. As for following safety guidelines and social distancing, however, people in the places weve seen are really all over the spectrum this weekend, some Wearing Masks and keeping to themselves while others clearly are not, despite the number of coronavirus deaths in the u. S. Approaching 100,000. This video going viral this weekend. An extreme case of not following the medical experts safety advice. A giant Swimming Pool party in missouri that would not be alarming at any other time, but now people, you can see, packed together, no visible masks. Even as Health Experts insist masks and social distancing will keep people safer from the coronavirus infection. Cnn reporters and crews are out on beaches all around the country this afternoon. Pete in maryland, natasha chen in california and paul ver kcamn in South Carolina. Pete, lets start with you. H hopefully youre