Almost two and a half hours. [inaudible conversations] is a todays committee will come to order and i want to thank everyone for joining us here today and want to welcome the secretary and the administrator and thank you both for being here and all the members for being here. This is the first opportunity to hear from both of you about the enactment of the act in particular as it applies to Small Business. It is a landmark legislation and less than two Weeks Congress passed the largest Economic Relief package. They worked tirelessly to make it possible every single one participated on the leadership of the Ranking Member, senator cardin, senator shaheen and senator Collin Collins isnt a r of the committee that was part of the task force and it was invaluable in helping craft a lot of this and i want the record to reflect dot. We have invited senator collins does it and participate and rightfully so because of the extraordinary contribution. As every member thats been involved, the admi
The hospital fed chair jay powell told congress more stimulus may be necessary. A moment ago, looking at the dow futures. Up by about 67 or 70 points. S p up by 10. 50 and nasdaq up by 152. 10year at 0. 743 below yesterdays close. We have a huge line up again today. Amazing. Former Economic Advisor to president Obama Joining us about an op ed hes just penned. General motors Ceo Mary Barra with us. Investor Glenn Hutchens and Dallas Mavericks owner and netflix cofounder and ceo of netflix with Important News to share this morning some stocks to watch you might keep an eye on ar call revenue was a little short results would have been better but customers in hard hit areas postponed purchases including hospitality, retail and transportation clients shares of groupon reported a First Quarter loss that wasnt as bad as expected saying it was challenging, people turned to discounts on Warehouse Club members, flour delivery and e learning. I was willing to send some flowers. We waited up late
Cool down here. Mikaelian. I think you will like it. I love it already. Steve paulson has all the it looks like most of us is details. Steve . I think shes doing the lee side toward the central area and mammoth and division cartwheels. I know for a fact. And its close. The fog bank has put a hold on its going to be a cooler the coast in the bay. 50s on the temps and 53 santa pattern. Thank you dave and gasia. A little drizzle already showing up. Bigtime rosa to 59 san jose and we are looking for a cooler day. 31 travis and this time of year with this kind of a pattern thunderstorms yesterday in the sierra and want to offer that if youre heading up there. Means they will cool off. I want 89 for them today out of although i think it is going to the 90s and Crescent City to san diego and just about be more wind during the weekends and showers. Santa rosa is a 54, northwest southwest, west southwest everyone in between and look for temperatures to come down here a little bit. They started
Fbn power to prosperfbn power to prosperp . Prospern wer to Prosper Network ahead i with georgia doug collins, next hour mornings wit, stay with us. Bu vo at audi, we design cars that exhilarate with versatility, whether on the track or the everyday drive. Ilosophy extends to how we connect at your door. Ether a remote test drive, audi at your door can do this and more at participa audi at your door. Ma go thanks so much f[z im mari june 17. Fbtoeast coast coronavirus cases once again aases. Good news on pandemic this promise inngatients. Federal reserve chairman powell capitays there are sig rebound in the uncertnty remains and ier n pushstimulus. Markets are higher, were at the highs of the futures indicatinge will see of yesterdays big rally. The dow 58, ands p 500 up expected retail sales yesterday fueling a rally for stock and at the close the dow inde 526 points, better thanthe nasdaq was 170 s p was up 58 yesterdayofr olice an executive order pushingor training. Emphasized thepo
[inaudible conversations] is a todays committee will come to order and i want to thank everyone for joining us here today and want to welcome the secretary and the administrator and thank you both for being here and all the members for being here. This is the first opportunity to hear from both of you about the enactment of the act in particular as it applies to Small Business. It is a landmark legislation and less than two Weeks Congress passed the largest Economic Relief package. They worked tirelessly to make it possible every single one participated on the leadership of the Ranking Member, senator cardin, senator shaheen and senator Collin Collins isnt a r of the committee that was part of the task force and it was invaluable in helping craft a lot of this and i want the record to reflect dot. We have invited senator collins does it and participate and rightfully so because of the extraordinary contribution. As every member thats been involved, the administrator has an incredible a