Everyone. Im a fellow at the Hoover Institution. I want to welcome you to hoover capital conversations. The Hoover Institution is one of the leading Research Centers with a mission dedicated to producing policy ideas that promote economic prosperity, National Security, and democratic governance. To tell you a bit about our capital conversation series, this is a time when hoover fellows like me get to talk policy with some of our nations leading policy makers. Today we are fortunate to have with us senator marco rubio to talk about americas future after covid19. As part of our discussion, well be taking audience questions from you. We encourage you to submit at the bottom of your screen. With that lets get started. Senator rubio is the United States senator for florida. Hes got a number of committee assignments. Committee on aging. Hes chairing the committee on intelligence as well as the committee on Small Business and entrepreneurship. Hes been a leading voice on a number of different
Coronavirus cases and political tensions. The Trump Administration rejects beijings claims in the South China Sea, accusing it of bullying. The u. K. Is set to ban huawei from its 5g mobile network. The plan would mean British Companies need to remove huawei infrastructure by 2027. Welcome to the program, everybody. Lets check out the futures. Lots of moving parts in terms of the market action. Lots of geopolitics to talk about as well. We have futures pointing to the downside in europe. We have to play a little bit of catchup with the united states. Lets get to some of the breaking news out of the u. K. That is certainly going to be one of the focuses in our program. The u. K. Economy shrank by 19. 1 in the three months ending in may. Getting a three month figure. Main manufacturing production rising by 8. 4 . Somecoming out manufacturing facilities coming out of the Strict Lockdown measures, working out how to manufacture in the current environment with covid safe practices. Mayecono
Package and then later daniel cox reviews his new report on parenting during the pandemic. We also take your calls and you can join the conversation on facebook and twitter. Washington journal is next. Washingtonis the journal, for july the 20th. A two hour program today, the house is scheduled to come in at 9 00. Lags still halfstaff at the u. S. Capitol to remember flags still halfstaff at the u. S. Capitol to remember the death of john lewis. This morning we are talking about pandemic restrictions in place where you live and if you oppose that. Do you support them . You can tell us why, at 202 7488000. If you oppose them, you can call and tell us why at 202 7488001. Perhaps you want to text us, do so at 202 7488003. You can post on our twitter feed, cspanwj. Facebook is available to you too, facebook. Com cspan. In a recent story the associated go back and forth over these restrictions. In georgia, the republican governor is suing the mayor of atlanta over the face mask mandate. He
Expected to drop 24 year on year. The futures are looking slightly lower, down four points. We are looking at some of the currencies. As david would say in the last hour, the bloomberg dollar index is on track for its worst july in a decade. A more dovish start from the fomc. No big surprises from the fed, but the lower mantra weighing on the dollar. The dollar index is flat, at least for now. Wellussie in his flat as aussieyen is flat as well. We move on to the commodities and the yield story. The question marks around oil were in focus as well towards the end of play yesterday. You saw a reduction in the u. S. By about 10 billion barrels. That gave some support to crude prices and wti, currently flat. Gold is now 5 10 of 1 . The 10 your yield on year, still below 60 basis points. 57 is barely moved, risch. Rishaad yep. Global coronavirus case is approaching 17 million. More than 660,000 people have died now. The states recording 150,000 fatalities. California, florida, and texas post
Withdrawing the amendment. If there is no further debate, the amendment we are back live at the House Appropriations committee. Theyre working on 2021 spending levels for the defense, commerce, justice and transportation department, as well as the department of housing and urban development. The markup is excited to go into the evening. You are watching live coverage on cspan. Chair lowey for what purpose does the member from california rise . The member of california . Thank you. I havent amendment at the desk have an amendment at the desk. Chair lowey the clerk will read the amendment. I ask unanimous consent to dispense of the reading. Chair lowey without objection, the reading of the amendment is dispensed with. Thank you. This amendment is straightforward. It would block a president from starting a war with iran absent expressed authorization from congress. This amendment consists of language that the house is already adopted as part of h. R. 550 in january of this year. Let me be