And finally, another element and im just describing some of the elements, mr. President , but i wanted to highlight some of these things is getting more resources to the men and women on the front lines of this pandemic who are every day out there in the Health Care Industry trying to keep americans, alaskans healthy and alive. How much . Theres a lot in it, but the number is 100 billion. For hospitals. For health care providers. Let me say that again. 100 billion. Now, the minority leader was on the floor the other day. I was kind of stunned when he said something along the lines of this partisan bill by the way, its not partisan, okay. This was written by republicans, democrats. A lot of these ideas are from both sides. It doesnt do anything to help hospitals. We need a Marshall Plan to help them. I think 100 billion is a constituent good start. Thats in the bill. So, mr. President , as i mentioned, i was proud i have been proud of the work of this body. I have been proud of my colle
Jap japans exports fell 6. 7 in june, much more than expected. They were looking for a 5. 4 drop tex tend the bigger surprise drop was a 5. 2 drop in importeds versus the 0. 2 decline economists were expected the nikkei was down by 2 . Hang seng off by a half percent. The shanghai down by 1 . In europe, red arrows there as well spain off by 1 . Lesser losses for the other averages check out the treasury market. You will see that the treasury market this morning is showing the tenyear with a yield of 2. 054 United Health just reporting moments ago. Posting Second Quarter profit of 3. 60 per share. That Beat Estimates of 15 cents. Revenue came in ahead of wall street forecasts the Company Raised its fullyear forecast well talk about this more with ana gupte. Netflix shares are falling sharply this morning the Company Reported a drop of 130,000 u. S. Subscribers in the past quarter on the Conference Call Reed Hastings attributed the lower growth in part to its Program Lineup during the qu
Hour. The focus is on President Biden tonight when he takes the podium for the state of the Union Address at 9 00 p. M. Eastern. Many will be watching for what the president says and doesnt say about the wide open border and increase in migrant crime across the country as immigration remains a top issue for voters. Meanwhile, chinese snake head gangs are working with the mexican cartels to bring migrants into the country, senator Roger Marshall broke the news with me, saying the snake heads are helping the ccp transport people and drugs into america. The chinese have become an expert at money laundering. Well see organized crime grow and grow. Theyre smuggling people from china to turkey. Theres something called the snake heads, like coyotes. They hand them over to the cartel. The cartel brings them to places like kansas, not just working massage parlors, an explosion of what they call weed farms, marijuana farms. The chinese are intimately involved with those and exploiting labor for
Is titled concern continued oversight on Regional Bank failures. Without objection, all members will have five legislative days to submit extraneous materials to the chair for inclusion in the record. Without objection, the chair is authorized to declare a recess of the committee at any time. With that, i now recognize myself for four minutes. Todays hearing will help the Financial Services committee learn more about recent Bank Failures, including management missteps, supervisory failures, and rapid fire bank runs in the age of social media. I think our witnesses for testifying today. The recent banking crisis was fueled by failed Bank Management, lack of hedges against Interest Rate risks, failed military policy, failed supervision, and overspending by the administration and democrats that led to historic inflation, prompting increased Monetary Policy action. Today, we will hear about what went wrong from the Bank Management themselves in state regulators. This is important, as the c
Lets take a look across assets. We can look at the bond market as well as currencies. The bank of japan decides not to change anything with their stimulus. The euro is also strengthening against the pound. The 10 year yield is falling by one basis point. The sell off is continuing in the german bund market. David lets see if there is newse outside the Business World. Mma the white house is taking a victory lap after Congress Passed a landmark tax reform bill. Sident trump thomas promise that u. S. Companys would stop relocating overseas in the bill that the Corporate Tax rate from 35 to 21 . Taxof americans believe the bill was written to help the wealthy. When ale were injured van was driven into people. They described the driver as an all trout an Australian Citizen of afghan descent. British Prime Minister theresa may is moving into a Charm Offensive in poland where she will try to win more friends before talks on brexit trade in march. Shes making the trip after toling her deputy h