Phones on silent. Everybody have their phones on silent . All right. Let me welcome all of you and thank you for being here this morning. This has been a group thats been in labor of intense effort. I know every one of us want to thank our staffs because theyve done yeomans work. And as you can see we have with us a Bipartisan Group of people working diligently for the last 30 days or more, trying to get to a conclusion and a template if you will, this is covid emergency release framework is what it is. Take your mask off. Cant hear me . Okay. Back off. Let me just say that this is intense amount of work that the staffs have been doing for quite some time and every senator, every Congress Person here has put in an enormous amount of time on this in person and on the phone. This is a covid emergency relief framework. We worked in the best interest of what we believe is great for our country, good for our states and we can all go home knowing we have worked to make sure that the unemploy
Debate. Phones on silent. Everybody have their phones on silent all right. Let me welcome all of you. Thank you for being here. This has been a group that has been in labor of intense ever intense. Bicameralbipartisan, group of people working diligently for the last 30 days trying to get to a conclusion and a framework. This is covid emergency relief. That is exactly what it is. You cannot hear me . Ok. Back off. Let me say that this is intense amount of work that the staffs has been doing for quite some time. Every senator, every congressperson here has been an enormous amount of time on this fund. This is a covid emergency relief framework. We have worked more on the best interest of what we believe is great for our country, our state and we can go home knowing that we have worked diligently to make sure that the unemployed, the Small Businesses, the state and local findings, student loan forbearance, everything is going to come to a halt in december because of the timing, that is no
Listen live with the radio app. Lawmakers held a News Conference to unveil a bipartisan covid19 emergency relief will. Ae measure would provide liability provision. This is about 40 minutes. Phones off. [laughter] you might want to put your phones on silent. Phones on silent. Everybody have their phones on silent . Let me welcome all of you, thank you for being here. Intense effortn and we want to thank staff for doing this work. As you see, we have with us a Bipartisan Group of people working diligently for the last 30 days or more to try to get to a conclusion. This is covid emergency relief framework. This is exactly what it is. Can you hear me . Ok. Back off. Let me just say that this is an intense amount of work the staff has been doing for quite some time. Every senator, every congressperson here has put an enormous amount of time on this inperson and on the phone. This is a covid emergency relief framework. We have worked in the best interest of what we believe is great for our
Trillions from washington, more printing by the fed, that is a shot in the arm for stocks. Look at this, the dow industrial is going up maybe 300 points plus at the opening bill. The s p up 33, nasdaq up close to 100 points. Investors are really shrugging off the new round of stay at home and lockdown orders. And restrictions, were new ones in new jersey, ohio and california. And, yes, another case of lawmaker hypocrisy. L. A. County supervisor sheila are cool voted to ban Outdoor Dining at restaurants and then promptly went out for an outdoor meal at her favorite restaurant in santa monica. Youd think theyd learn, wouldnt you . Weve got a big show for you. Were going to introuse you to monetary introduce you to monetary theory. You dont pay for anything. Youll meet the man who declared an autonomous zone around his bar. Now, that is defiance. And youll meet the california guy who is flipping burgers on the sidewalk because they shut his restaurant down. And today, yes, we have got a T
Years. That is the best month of the year, im connell mcshane. This is the closing bell. Time for news of the hour. Jackie deangelis in new york, blake burman in white house, Hillary Vaughn with the president elect in delaware and Edward Lawrence in washington with the latest on the covid19 relief deal. A lot of moving parts well get into. The market is back in rally mode. Good afternoon, jackie. Reporter good afternoon, connell. Well talk about the records we set today with the s p 500 and also the nasdaq. Look at the gains there we beat what we were expecting handily. You only needed 16 points on the s p and only needed seven on the nasdaq. This was a strong broad based rally today what is interesting big tech continues to gain on this momentum and continues to go higher from there. Facebook, apples, amazon, microsofts of the world are continuing to climb up. That is something you expect to hear. Again it wasnt just tech, it was broadbased. Look at the dow winners you can see we have