Good morning, welcome back to squawk box right here on cnbc this morning. Im Andrew Ross Sorkin along with joe kernen and kelly evans. Becky is off today lets show you where futures stand at this hour maybe 12, 15 hours after President Trump returning to the white house. The dow looks like it would open down marginally about 63 points off, nasdaq off about 83 s p 500 off about 15 points. Lets also show you treasury yields as we speak, well show you the ten year yield right now, you are looking at 0. 763. Meanwhile ill pass it over to kelly. Thanks for joining us this morning. And youve got the news on President Trump. And before we get to that, joe, we were just joking about, you know, you and me we could banter and we were in studio and andrew wasnt and now, you know, were all no, you are in studio still im still here. Ive been here since april and i like it here there is no delay. Is that are you wearing orange or that red i think that were in sync sort of yeah, it was an orangey red
11 30 eastern this morning. That vote series will include the first test for the latest republican Coronavirus Relief bill 60 votes will be needed to advance the measure. Live to the u. S. Floor of the senate here on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Black, will ms. Smith open the senate with prayer. The chaplain let us pray. O god, who sits on a lofty throne, we acknowledge your sovereignty over our nation and world. Keep us from becoming so desensitized to falsehood that we abort your plan for our lives. Lord, we are unworthy to approach your throne, for we are merely sinners, saved by your loving grace. Remove our guilt and forgive our sins. May we respond to your forgiveness by obeying your command for us to pray for our nation. Lord, use our senators today as messengers of truth, unity, and peace. Inspire them to stand for right, regardless of the consequences. We pray in your holy name. Amen. The president pro tempore please join m
Needed to hear not he showed the stark contrast between he and vice he and the current president i think also he spoke to all of the issues that americans are grappling with right now he spoke to his plan to get us out of this Global Pandemic that has just taking our country just to the right he talked about how hes going to invest in our country to get us back on our economically he also talked about our standing in the rest of the world and in talk about his ability to to you know make america better standing with our citizens and our fellow countries in the world and i think he hit on a policy point but he also talked about the issues that americans are grappling with issues of racism a shock to racism he was very bold on that and he also i believe was very bold in touching in reminding us who he is any showed us the strength i think you know weve seen all the comments about him and sleepy joe and these things that you know these things that President Trump has put out there at the
Geostrategic challenge with the rise of china poses for the United States, not just today but in the future. The communist party led people were public of china through unfair trade practices, intellectual property theft, market manipulation and very prominently, in my view, nonreciprocal treatment, not just in the economic round but in many realms i has been a fore in the Global Economy that undercuts the resiliency and strength of the u. S. Economy. China has been one of the worlds fastestgrowing economies averaging close to 10 growth from 19792015. In 2014 china overtook the United States ass the Worlds Largest economy purchasing power parity basis according to the International Monetary fund. I believe that there is a strong eipartisan interest hopefully we will see that today in establishing a longterm economic United States strategy with our allies that focuses on reciprocity, intellectual property theft, and ultimately, from the United States perspective out competing the chines
Good morning. This hearing will now come to order. I am pleased to welcome our distinguished panels of Witnesses Today on the economic subcommittee focusing on a very important topic and i think theres a lot of bipartisan interest in and that is the economic geostrategic challenge with the rise of china poses for the United States not just today but in the future. The calmness party led peoples republic of china through unfair treatment practices and intellectual property theft market manipulation and very prominently in my view not reciprocal treatment not just in the economic realm but in many realms has been a force in the Global Economy that undercuts the resiliency of the u. S. Economy. Its been one of the worlds fastestgrowing economies averaging close to 10 growth from 1979 to 2015. In 2014 china overtook the United States as the Worlds Largest country in reducing power according to the International Monetary fund. I believe there is a strong bipartisan interest and hopefully we