Financial Services Subcommittee hearing on creating a federal pandemic Risk Insurance program. Even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves, and to admit themselves after they are finished speaking. Consistent with the regulation accompanying house rest 965, staff will only mute members and witnesses as appropriate. When not recognized to avoid any background noise. Members are reminded that all house rules relating to order and the corn to this remote hearing. History is entitled insuring against a pandemic, challenges and solutions for policyholders and insurers. And i now recognize myself for three minutes to give an opening statement. According to the Congressional Research service, 110 Million People worldwide could enter a state of extreme poverty due to the Global Economic contraction, and here in the United States 657 Million People have filed for Unemployment Insurance since march of this
Washington, and with that, welcome to americas news headquarters, im leland are visit earth. Kristin and im kristin fisher. The president also signaled that he has no intention of conceding even as the president ial transition moves ahead. David spunt joins us live at the white house where the just returned from camp david. Reporter hey, kristin. The president said pointblank about the election that his mind will not change in six months, so for his supporters, for those close to the president hoping that maybe he might concede, that he he might accept joe biden as the next president of the United States when he gets sworn in on january 20th, there is your answer when he says that his mind will not be made up in six months. Now, he doubled, tripled, even quadrupled down on his claims that the election was fraudulent, though no indication that is the case. Joe biden is the President Elect. He took 306 electoral votes. The president 232, the same spread, actually, that trump and secretar
A couple votes coming up including one for President Trumps nominee for the National Credit Union Administration board. You are watching live Senate Coverage here on cspan2. The presiding officer the senate will come to order. A senator madam president . The presidin officer senator from kentucky. Paul palm i ask that the folling be granted floor privileges, calem case, lucy, carlin gupta, and gab brie ella mastra. Thpresiding officer without objection. Under the previous order, all postcloture time has expired. The question is on the nomination. Is there a sufficient second . There appears to be. The clerk will call the roll. Vote vote vote vote the presiding officer are there any senators in the chamber wishing to vote or change their vote . Hearing none, the yeas are 58, the nays are 35. The notion nomination is confirmed. Under the prious order, the motion to reconsid be considered made and laid upon the table and the predent will be immediately notified of the senates action. A se
The nasdaq up by about 120 yesterday was a down day for the markets. The dow off by about 270 points. But if you want to take a look at november hes historic gain, check this out, the dow actually up by 1. 8 for the month, that is its best month since january of 1987. The s p no slouch either it gained about 11 while the nasdaq was up nearly 12 november by the way was the best month for all of those indexes since april which was a huge month. Also small cap stocks were some big winners. The russell 2000 finished the month up more than 18 , 245ethas right, 18 in one month, the best month since that index was created back in 1984 so here we are heading into december and year to date, the nasdaq is the superstar, up nearly 36 the s p 500 is up by 12 and the russell 2000 up by 9 . The dow up by 3. 9 so fantastic november for all of these indices. Nasdaq leading the way in terms of year to date. Joe. Yep, coincident with the surge. Go figure. The second surge are you sure it is never too ea
Mr. Mccarthy youve heard me talk about the upcoming freshman class. Half of the Incoming Freshman class will be women. Yvette harold is the first republican native American Woman elected to congress. Steve nee bice is the first iranian American Woman elected to congress. This makes me very proud as a republican. And as an american. It shows the party of lincoln is also continuing the legacy of the first black american to serve in congress, Joseph Rainey of south carolina. Rainey was born into slavery and even after gaining his freedom he received little education as a child. He was drafted by the confederacy but escaped and went to bermuda and started a business. After the war he moved back to georgetown, south carolina. With his family in 1867 he became chairman of the countys republican party. Just a few years later he was elected in 1870 and became the first black american in congress. Where he worked tirelessly, fought for civil rights, education, and Economic Opportunity for all.