Test test captions Copyright National cable satellite corp. 2008 as i described in my testimony, we know that Nursing Homes with a higher proportion of black and latin residents have higher death rates, however theres not universal reporting of the race and ethnicity of those individuals within Nursing Homes who have been affected by covid. That presents for us a significant challenge when it comes to targeting resources in order to prevent the transmission of covid. Because, you know, when covid19 enters a nursing home its because someone has brought it in and what its telling us that if those Nursing Homes are following the same safety procedures of restricts visitors, ensuge that providers have clean ppe every time theyre coming in, then we shouldnt see these disparities. However we do. And the likelihood these disparities in rates of covid infections within Nursing Homes are going to occur are going to be even higher in communities with a higher burden of covid19. And so what were
The committee will attempt to order. We are already having some technical problems. There we go. Thank you. Before i begin my Opening Statement this morning, i want to acknowledge the loss of congressman john lewis. The civil rights icon changed history. In 2015, i was honored to be among those who joined him in selma to commemorate the 50th anniversary of the bloody sunday march 2011. I send my deepest condolences to his family and loved ones. Todays hearing comes at a time when our nation is experiencing confluence of the Health Crisis economic depression series of killings laid bare the racial injustices in our country. Our focus today is on covid19 disproportionate impact on black and latino seniors as well as seniors from other racial and ethnic minority movies. According to the New York Times analysis black and latino residents are infected with the virus at three times the rate of their white neighbors and they are nearly twice as likely to die from covid19. The state of maine h
Measures fail to emerge. On the monetary side, the bank of england, becomes the latest to cut rates treasury yields hovering around 80 basis points. Full Team Coverage of todays market plunge. Mike san tolly is with us and meg on the latest on the coronavirus. But well begin with breaking news out of washington major Bank Executives meet with the president today. Well get to wolf at the white house. Reporter the president and the Vice President and the treasury secretary currently hosting in the white house behind me the leaders of the major Financial Institutions of this country in attendance we have the leaders of jpmorgan, bank of america, citigroup, goldman sachs, wells fargo, black stone making it the type of gathering we havent seen since the peak of the financial crisis. Theyre all inside, as we speak. What will be on the agenda well, two main things. Number one, liquidity and the functioning of markets number two, lending to businesses that are most affected by the coronavirus.
Hitting the alltime record high on february 12th and the definition of a bear market is 20 lower than the recent highs. The markets tumbling just as President Trump is expected to meet with some of the biggest banking ceos in the world to find out how stable the Financial Market system is and what to do to keep it there. We are still waiting on word but if cameras are allowed in the room we are going to take you there and hear what they all say. This as the battle against the deadly coronavirus pandemic moves into a new phase, as National Guard troops get set to sweep into the hot zone in new rochelle, new york. And as businesses and colleges close their doors, Microsoft Teams is swinging to their digital defense, with a suite of Software Products to help those working from home or moving to online learning. I know a lot of you were experiencing that or your kids are. Countdown has a lineup of power players to tackle all these topics. Steeple chairman and ceo ron krusz kruszewski on th
Presence from Law Enforcement in the neighborhood. The 11 00 news on ktvu, fox two starts now. Police say it happened near mission and 20th. Thats where they found the shooting victim shortly before he died. Hello again. Im greg lee and im cristina rendon. So far, no arrests have been reported. New tonight, ktvu amber lee spoke with neighbors who say this incident should send a message to the city. A resident cleans up the debris outside a Residential Hotel in San Franciscos Mission district. Shattered glass left from a shooting around 140 friday afternoon that left one man dead. We hear that that chop bomb. Then we come out, neighbor jason flores tells me he heard a single gunshot. Witnesses say the victim was shot outside the barbershop and that he stumbled back inside, collapsed and died. Neighbors described the victim as being in his 20s and that he was from venezuela. They say it was the victims first day at work in the barbershop. Its terrible, though, because, you know, if the g