Crucial states. Markets are proceeding very cautiously. They are mixed at this hour after the dows 650point monday meltdown. We are only adding to that right now. Getting a little uncomfortably close to lows of the session. We are down 185. The low is a loss of 196 at the moment. You can see the s p is down seven but the nasdaq is holding on to some green here, up 50 points. No surprise, then, that megatech is powering the markets leaders. Could all that change tomorrow, when the top brass from facebook, twitter and google face the music in what is expected to be a contentious capitol hill hearing . Senator roger wicker is the chairman of the Senate Commerce committee. He will tell us what he needs to hear from Mark Zuckerberg, jack dorsey and sandar pichai. And breaking news out of tmobile. Forget telecom and 5g wars. Tmobile Just Launched a dual attack on cable and streaming leaders. Tmobiles ceo is here to unveil his brand new weaponry of offerings that has the stock moving higher a
Talks about social Media Companies approach to misinformation on their platforms. At 945 a. M. , virginia senator tim kaine host this is the washington journal for october the 20th. Pennsylvania,p in Vice President pence planned a stop in cincinnati, ohio. Two recent polls suggest when asked about the impact of social media and political discourse, most people responded it had a negative effect. What about you . What do you think of social medias impact on the way we get information about politics and how we talk about politics . You can let us know on the lines this morning. 2027488000 hooves 2027488001 who support President Trump and mike pence, 2027488000 for joe biden and Kamala Harris. 2027488002 if you are undecided or support another candidate. If you text us, you can do so at 2027488003. Our Facebook Pages facebook. Com cspan. Those polls, one of them comes talks about social medias impact. Heres a result of the survey saying by Political Party, there slight while 83 to republi
If there is a change in administration after november 3 . Brendan thank you so much, peter, for having us on. There are five of us. We serve staggered terms. Every year, one member of the commission is up for renomination confirmation by the senate. And that process continues irrespective of the outcome of the election. For instance, my term runs through 2023. And i can hold over for a longer period of time and i will continue to serve regardless of the outcome of the election. Rep. Lee peter and with Michael Orielly not being renominated by the president , if there were a change in the administration, you and sherman pie would be the two chairman pie would be the two republicans, correct . Brendan thats right. Michael orielly has served for a long time. His term expired a year and a half ago. Were allowed to stay on until the end of this congress. When were in this situation, that will push his term will come to an end. Commissioner pye and myself will continue to serve. Peter now to
Volatility in the markets today, it could had into it during the election next week. Speaker nancy pelosi had a conversation with treasury secretary Steve Mnuchin late this afternoon. Well have more on what we know about that conversation here as we bring in our reporters. Fox Business Team coverage. Blake burman at the white house for us. Today were starting with Ashley Webster on the market selloff. Ashley . Ashley what a day it has been, connell. All sorts of skittishness and fear on wall street. Fear of a second wave in covid as weir seeing in europe. Fear of the unknown when it comes to the election just eight days away. Fear congress will be unable to finally agree on a stimulus bill. You put it all into the hat. This is what you get as a result. The dow off 650 points at the close. But was way down more than that. 950 at one stage. The s p down nearly 2 . The nasdaq also down about 1 1 2 . All 11 sectors on the s p 500 finishing down on the day led by energy, tech and industrial
For having the on. Theres five of us that are commissioners of the fcc. We serve staggered terms of every year one member of the commission is up for renomination and confirmation by the senate and the process continues a respective of the outcome of the election. For instance, my term runs through 2023 and i can hold over for a longer time potentially and im going to continue to serve regardless of the outcome of the election. Host and with Michael Orielly not being we nominated by the president , if there were a change in administration, you and commissioner pai would be the republican, correct . Guest yes. Michael orielly has her longtime both on capitol hill and at the fcc and his term expired a year and half ago and we are allowed to stay on until the end of this congress when were in that situation whether it is any one of us commissioners. Commissioner of violence term come to an end and commissioner pai, chairman pai and myself can continue to serve. Host now to the policies. I