And extended Unemployment Benefits until january 2021. The heroes act will provide significantly more funding to cities and towns and also would clarify treasury guidance that currently prevents State Governments from using [indiscernible] alternative bills provide zero dollars to states, zero dollars for financial assistance, and clawed back hundreds of billions of dollars that could be used to support struggling businesses. In addition the president cut funding to states. The protestsike against racism and Police Brutality in the streets in many communities. Families across the country suffer [indiscernible] about the challenges their faces and the response needed from the federal government in this international crisis. I recognize the Ranking Member of the committee for four minutes. I think the chairwoman for yielding. Here we are again. We are having hearing about a bill the house passed four months ago that has no chance of becoming a law. The committee is being used to prioriti
[inaudible conversations] welcome, everybody, todays hybrid hearing. Pursuant house rules some members will appear in person and others will appear remotely via webex. Since some members are appearing in person let me first remind everyone that pursuant to the latest guidance from the house attending physician all individuals attending this hearing in person must wear a face mask. Members who are not wearing a face mask will not be recognized. Let me also make a few reminders for those members appearing in person. You will see members and witnesses appearing remotely on the monitor in front of you when youre speaking in what is known in webex as active speaker view. At time is visible in the room directly in front of you. For members appearing remotely i know you are all familiar with webex by now but let me remind everyone of a few points. First you will be able to see each person speaking during the hearing. Whether they are in person or remote, as long as you have your webex set to
Would anybody trust a vaccine coming out of this administration . And when it is [indiscernible] we are having technical problems with our live feed, but we are working to fix the problem and when you back to the discussion shortly. [no audio] second round of economic stimulus payments to families and extended Unemployment Benefits until january 2021. The heroes act will provide significantly more funding to cities and towns and also would clarify treasury guidance that currently prevents State Governments from using [indiscernible] alternative bills provide zero dollars to states, zero dollars for financial assistance, and clawed back hundreds of billions of dollars that could be used to support struggling businesses. In addition the president cut funding to states. The protestsike against racism and Police Brutality in the streets in many communities. Families across the country suffer [indiscernible] about the challenges their faces and the response needed from the federal governmen
The ability to deliver the nations election relayed mail during the coronavirus pandemic. He testified before the House Oversight committee. The committee will come to order. Without objection the chairbj is authorized to declare a recess of the committee at any time. Without objection the gentlewoman from North Carolina ms. Adams as well as the tgentleman from illinois mr. Quigley will be permitted to join the committee and be recognized for questioning the witnesses. In addition, the gentleman from North Carolina mr. Walker will be recognized at there proper te to introduce his constituent. I now recognize myself for an openingg statement. Good morning. I would like to welcome postmaster general louis dejoy, and the chairman of the postal board of governors, Robert Duncan, too this oversigt hearing. And i thank you allll for being here. In all of our districts we are hearing from constituents about significant delays in the delivery of mail, medicines, food, and other supplies. These
Tiktok launches a legal bid to stop President Trump from imposing a ban in america. He says the app is a threat to National Security and tiktok says the bands peer politics. The president marks the official nomination at the Republican National convention by criticizing mailin voting and saying the opponents his opponents want to steal the election. Shery u. S. Futures are opening flat after solid gains for u. S. Stocks in the new york session. Record highs for the s p and the nasdaq. We had optimism over vaccines and treatments for coronavirus. The s p 500 saw most of the sectors in the green. Small cap biotech got big moves from the authorization of convalescent plasma for treating covid19. Vaccine developers tumbled on this new focus on plasma treatment. The dollar weakness we saw earlier in the session did pervak. Did pare back. Look at what oil is doing. It rallied and gasoline surged to a fivemonth high at the moment under pressure headed to the 42 a barrel level. Laurae storms m