Country because joe biden is a unifier, because he is determined to bring people together, because he respects all points of view, and as he has said, i ran as a democrat, i will govern as president for all of the people whether they voted for me or not. I am so officially pleased with the outcome that is imminent and also personally delighted because of the quality and caliber of leadership that joe biden will provide. This morning, it is clear that the bidenharris ticket will win the white house. His election is historic, propelled by the biggest vote ever in the history of our country, 73. 8 million and counting americans, the most votes ever received by any president ial ticket in history. President elect biden has a strong mandate to lead and will have a strong Democratic House with him and Many Democrats in the senate. This has been a life or death fight for the fate of our democracy, as he says, the soul of our country. We did not win every battle in the house, but we did win th
This as the United States is seen a rise in the number of covid cases. Joining in the 8 a. M. Hour this morning all be speaking with health an human secretaries alex azar and markets this morning look like a mixed story attack a look after treasury secretary Steven Mnuchin said he would not extend most of the emergency legending programs that run in tandem with Federal Reserve dow industrials down 55 and nasdaq up 14 but the s p 500 lower by 4 points. Markets yesterday shrugging off lockdown to finish in the green when all said and done dow industrials up 45 points and nasdaq up 103 and the s p higher by 14 at 4 00 on wall street yesterday. To the president for trade and Manufacturing Policy peter joining me to talk all they thinks economy and china coming up. And then do nothing for nothing. How you can score a get away to hawaii for free. The morning buzz coming up mornings with maria is live right now. All right here we go european markets take look inching higher european indices h
Appear remotely via webex. Since some members are appearing in person let me first remind eastern that pursuant to the latest guidance from the house attending physician, all individuals who are attending this hearing in person must wear a Face Covering. Members who are not wearing a Face Covering are not permit today remain in the hearing room and will not be recognized to speak. Let me ask make a few reminders of the hearings. For those members appearing in person you will be able to see members appearing remotely on the two monitors in front of you. On one monitor, you would see all members appearing remotely at once in what is known in w webex as mode. And on the other monitor seeing the person when theyre speaking, including members who are appearing remotely. For those members appearing remotely, you can also see each person speaking during the hearing as well as in person or remote if you have your webex set to active speaker mode. If you have any questions about this, please co
Microphones anytime you speak. During the any time hearing, the chairman the vice chairman of the committee, congressman kennedy will serve as chair until i am able to return. Beuments for the record can sent to Benjamin Tabor at the email address provided to staff. All documents will be entered into the record at the conclusion of the hearing. The chair will not recognize herself for an opening statement. Today the energy and Commerce Committee continues its oversight of the nations covid19 Pandemic Response. Examining the pursuit of a safe and effective covid19 vaccine that the American People can trust. In the eight months that we battled covid19, over 7 million americans have had the virus, and over 200,000 of them have lost their lives. Millions of the phase unemployment and have lost their Health Insurance, and families are still juggling childcare and virtual classrooms. The list of those most vulnerable to covid19s especially on the line as the virus continues to spread across
administration down playing the recession call. there s semantics. what is a recession, how do you technically define it. no matter what, there s widespread agreement no matter who you talk to. that is that economic growth is slowing. the treasury secretary, janet yellen acknowledges as much. but then she maintains that that does not mean a recession is inevitable. this is not in an economy that is in recession. but we re in a period of transition in which growth is slowing. and that s necessary and appropriate. we need to be growing at a steady and sustainable pace. yellen says the job market is still strong. she says a recession would have to be a broad-based economic contraction. consumers are still spending. household balance sheets are still in good shape. all of that said, the economy did contract the first quarter. economists think at beast we ll see slow growth when the numbers release thursday. the white house insists even if that number does go negative and some