Mr. Chairman, are you ready to begin . Please begin your five second countdown. Chair pappas five, four, three, two, one. Good afternoon. I call this hearing to order. Without objection, the chair is authorized to declare a recess at any time. We have a number of members participating remotely today. And before we proceed, i would like to go over some items for our members participating remotely. First, if youre experiencing connectivity issues, please make sure you or your staff contact our Technical Support so those issues can be resolved immediately. Members participating remotely must continue to use the video function for the duration of their participation in the hearing, unless they experience connectivity issues or other technical problems that render the member fully unable to participate on camera. It is committee and subcommittee policy that members participating remotely will remain muted when not recognized, just like turning on your microphone on and off during an inperso
Financial roadblocks. This is an hour and ten minutes. Mr. Chairman, are you ready to begin . Yes. Please begin your fivesecond countdown. 5, 4, 3, 2, 1. Good afternoon. I call this hearing to order. A quorum is present. Without objection, the chair is authorized to call a recess at anytime. I would like to go over items. If you are experience connectivity issues, please contact your staff. It is committee and Sub Committee, participating members will be muting when not recognized and its out of courtesy so that background noise did not interfere with another member recognized to speak. When you are recognized you need to unmute your microphone and pause before speaking so we can hear everything you say. In order to ensure that everything members say is captured on the live stream of the hearing members are asked to pause for two to three seconds before beginning to speak. If you wish to have a document inserted in the record please ask for unanimous consent and have your staff email t
Today we do it again. I am pleased that we have one again three republicans, three democrats to take part in this historic reading. And at this point, as we get to that letter, id like to yield the floor to my friend from south carolina, senator scott, for a special introduction to this important reading. I yield the floor, madam president. Mr. Scott thank you, madam president. The presiding officer the senator from south carolina. Mr. Scott thank you, maam. Madam president , we are at a critical time in our nations history. I think we can all sense the opportunity that is before us. Through the challenges of covid and the death of george floyd and its aftermath, we can affect real lasting change. Perhaps the most famous line from dr. Kings letter from birmingham jail is injustice anywhere is a threat to justice everywhere. Let me say that one more time. Injustice anywhere is a threat to justice everywhere where. More than at any time i can remember, people of all ages and races are st
Grubhub jumps on the news of a take away by huber. They will diversify by uber. They are trying to diversify from simple shery car journeys. ,utures are under pressure extending losses from the regular session. It was a risk off a day, the dollar tumbled, treasuries rose. We had dr. Fauci reiterating his warning against reopening the economy too soon. We had real estate financials weighing on the s p 500 and it lost the losses are accelerating after trading. Some people saying the Virus Outbreak and partial shutdowns would risk massive bankruptcies which could create a lasting scar on the u. S. Economy. We have cpi numbers in the u. S. That fell the most on record in april. One. 4 ,il, wti down above 25 a barrel level, after touching the highest level in five weeks. We are seeing optimism in the oil markets with uptick on demand and saudi arabias plans to cut production by an additional one Million Barrels a day. As i was saying, the top u. S. Disease official warning against states re
Our Capitol Bureau reporter Ashley Zavala joins us live now to explain the difference between what will be opening up tomorrow actually. Yeah well under state guidelines retailers like toys stores Clothing Stores Sporting Good stores, flowers stores. Can all reopen only with Curbside Pickup. The days of shopping instore are still indefinitely away. This by no stretch of the imagination is over state leaders thursday released new guidelines and a checklist encouraging employee symptom in temperature checks, new training touchless Payments Systems special hours for the elderly and dozens of other recommendations allowing retailers and their supply chains to go back to work as soon as friday, we know that this is going to be a gradual move into stage 2. We are going to be able to and more businesses and sectors. As the date allows us Governor Newsoms administration acknowledging some counties and cities want to reopen at a faster pace than the state the requirements include know could tha