Driving the action first and foremost of course the heightened fear about the coronavirus. More countries go into lockdown as the steady spread of cases continues. The fed made a dramatic move cutting rates to zero and announcing new assets. And the economic slowdown with weak manufacturing data this morning from both china and the u. S. As we just said we are down about 9 on the dow. The low of the session was down 12 or 2,800 points. The dow is down about 31 from the recent market highs as we stand with just under we have every angled covered for you. Lets drill down on the selloff Mike Santelli at the market dashboard and lets begin with bob on the floor of the exchange. Trading halt this morning, 15 minutes right after the market opened our third trading halt in the last six sessions. Look at the s p 500. Our low is just a tad above 2,400. So well off of that number everybody down here waiting to see what if anything the president might have to say. Take a look at the dow movers, t
We will come to order we welcome the acting commissioner of cbp mark morgan thank you for being here today we look forward to getting your perspective on cbp priorities and requirements fiscal year 2021 the budget proposes 15. 6 billion of Discretionary Spending by cbp and increases 714 million above the current your level of the total includes 2 billion of 82 miles of barriers and 625 over the current year appropriation for nearly 80 percent of the total fy 2021 increase for cbp overall. I have obvious concerns for spending another 2 billion on border barriers but aside from any debate this administration continues to circumvent the will of congress by diverting millions of dollars for what congress specifically appropriates for this activity. The house bill does not include the funding. Even more to the point of funding proposed would crowd out other investments we all agree our high priority. For instance it is unclear how many officers are funded or sustained in this Budget Congres
Care for migrants in cbp custody and stopping Illegal Drugs coming over the border. From later last month this is just shy of two hours. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] today, we welcome the acting commissioner of u. S. Customs and border protection, mark morgan. Mr. Morgan, thank you for being here today. We look forward to getting your perspective on cbps priorities and requirements for fiscal year 2021. The fiscal year 2021 budget proposes 15. 6 billion in discretionary funding for cbp, an increase of 714 million above the current year level. The total includes 2 billion for the construction of an additional 82 miles of border barriers, an increase of 625 million over the current year appropriation, and nearly 88 of the total fy 2021 increase for cbp overall. I have obvious concerns about spending another 2 billion on Additional Border barriers. But aside from any debate we might have about them, this administra
Hello thank you for joining us holding an emergency teleconference on the corona Virus Outbreak all 27 Member States have reported cases of the virus and efforts are being made to contain the outbreak as well as mitigate the Economic Cost of it italy of course is at the forefront of the crisis and major nationwide restrictions are now in place well initially everyone has been advised to stay home as much as possible other people are allowed to self certify if they need to travel for work can assess cities or Health Emergencies all forms of public gatherings are banned all Sports Events and centers have been closed bars and restaurants can stay open but nightclubs cinemas theaters and casinos have been shocked supermarkets as well will remain open but large Shopping Centers will be closed on weekends and Public Holidays schools and universities have been closed religious institutions will stay open but marriages baptisms and Funeral Services have been banned. But ill bet it took us to v
Hello welcome to the program e. U. Leaders are holding an emergency teleconference on the corona Virus Outbreak all 27 Member States have reported cases of the virus and efforts are being made to contain the outbreak as well as mitigate the Economic Cost of it italy of course is at the forefront of the crisis and major nationwide restrictions are now in place initially everyone has been advised to stay home as much as possible other people are allowed to self certify if they need to travel for work or Health Emergencies all forms of public gatherings are banned all Sports Events and centers have been closed bars and restaurants can stay open but nightclubs cinemas see it hers and casinos have all been shut supermarkets will remain open the Largest Shopping Centers though will be closed on weekends and Public Holidays schools and universities have been closed religious institutions will stay open but marriages baptisms and Funeral Services have been banned. What kind of a corvo is an Ev