James knapp to the u. S. District court judge for the Northern District of ohio. Votes expect around 5 30 p. M. Eastern time. You are watching live coverage of the u. S. Senate on cspan2. Ie senate will come to order. The chaplain, dr. Black, will open the senate in prayer. The chaplain let us pray. Sovereign god, you are you are wisdom without end and mercy without limit. We worship you. Lord, have compassion on our nation. Heal our physical, mental, and spiritual wounds. We are worn out from this challenging season. Restore us to the vision of a liberating freedom that enables justice to flourish. Hear the prayers of our senators and give them your peace. And, lord, thank you for the degree of resolution that has occurred in our nations election process. Remind us all of the wisdom of mark 3 25 that says a house divided against itself cannot stand. We pray in your mers sovereign name. Amen we pray in your sovereign name. Amen. The president pro tempore please join me in reciting the
The dollar down is dead, people are beginning to upgrade their forecast on the dollar. The german 10year yeilds are unchanged. A lot of volatility in the equity markets and the foreign exchange. Bond markets are remaining repressed but the Central Banks are doing what they are doing and that is no surprise. Alix a few weeks ago we are talking about 120 for the year. Let us get the latest on the virus resurgence. The french government expected to announce new measures including restrictions on alcohol sales plus public gatherings. Joining us now is maria. Dig into what we can Pay Attention to. We know that the Health Minister will give a press conference and we know that there will be more restrictions, and this is the thing to highlight, this is not for the entire country, but for the region and city of paris, because the population density is high and that is where cases are spreading fats. What they are going to say is you have to scale back social contacts with other people and when
Up pressure. A big thing the marked is watching into the weekend, stimulus negotiations in washington they appear to be stalled with no breakthrough yet. But that could change. We have 59 minutes left of trade. We do sara, as i know you were equally with me on this, we also happy birthday wishes to closing bell and power legend bill grijive who shargri griffith who shares our birthday and mrs. Carl quintanilla. It goes on and on this great seventh of august. Popular day great day it is because of them, not us. Coming up on todays show, tensions ramp up between the u. S. And china, well speak with i ian bremmer and why a worldwide depression is coming plus, the weeks storm driven Power Outages have been a major headache for people working at home. But they gave a boost to a generator company. Well speak with the companys ceo in a few minutes lets focus on the big stories that were walking mike santoli is tracking a volatile market session. We have the latest developments on the stimulus
Asset Relief Program that provided assistance to the Financial Sector after the Global Financial crisis, we were required to provide ongoing oversight and issue a report every 60 days. We have experience and we have built on that experience to hit the ground running to provide immediate oversight and help ensure accountability and transparency how the funds are being used. Host lets look at the overall numbers, 2. 57 trillion in spending and the measures passed by Congress Come here are the figures on each of those packages. The ppe, Paycheck Protection Program, 670 billion, the treasured the treasure economic0 Stabilization Fund 500 billion, expand Unemployment Insurance 375 billion, the Economic Impact payments, 282 billion, Public Health emergency funding to 132 billion, and 150 billion from the cares act, the relief for state and local governments. Ofof that, 2. 57 trillion, Nicole Clowers, how much hasot been spt already . Guest about 677 billion. Thats what we found in our collec
Go out and shop and miss that activity, a lot of them dont have the means to do so. Woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by life isnt a straight line, and sometimes you can find yourself heading in a new direction. Fideli is here to help you work through the unexpected, with Financial Planning and advice for today, and tomorrow. Carnegie corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegiorg. And with the ongoing support of these institutions and individuals. This program was made possible by the corporatn for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff the covid19 pandemic has reached yet another grim milestone, as the number of confirmed cases worldwide surpassed the five million mark. That comes as the u. S. Labor department announced its own staggering st