Comptroller of the currency, the Senate Banking Committee Received a 6month update on the state of Banking Systems, the impact of covid19 and support for Small Business owners in communities of color. This runs an hour and 45 minutes. Today we welcome to this virtually hearing the federal prudential regulators, Federal Reserve vice chairman Randal Quaries, office of the comptroller, brian brooks, chairman of yellen and mcwilliams, chairman of the National Credit administration rodney hood. We will receive testimony from each agency on efforts, activities, objectives and plans since we last testified before the committee. As well as an update on covid19 related actions. Since the passage of the coronavirus a relief and Economic Security act or cares act your agencies have taken many meaningful steps to ameliorate the Economic Impact of the pandemic as you provide conditions that will lead to a forceful recovery. On october 30th the Federal Reserve announced changes to its facility inclu
Continue to will investigate each and every instance of illegal voting. Double voting, phelan voting, people voting outofstate. Outofstate. I want to remind members of a few matters, some of them required by the regulations accompanying House Resolution 965, which established the framework for Remote Committee proceedings. First, members are reminded to on atheir video functions all times, even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves and to mute themselves after they have finished speaking. Staff have been instructed not to mute members except when a member is not being recognized and there is inadvertent background noise. Members are further reminded that they may only attend one remote hearing at a time. If you are participating today, please remain with us during the hearing. Members should try to avoid coming in and out of the hearings. Particularly during the questions. If during the hearing
Package. Democratic Vice President ial candidate Kamala Harris makes her Campaign Debut it is because of trumps failure to take it seriously from the start his delusional belief that he knows better than the experts. News crossing this hour on the oil mark just releasing its report and diving into the headlines of this key document Global Oil Supply rose in july after saudi arabia ended its cut. Exceeding the opec plus target and production started to recover. The opec plus cuts ease by over 2 Million Barrels this month and shut in volume compensation. Oil demand as we segue off that is expected to be 91. 9 million per day and sheer 8. 1 million per day. Reducing their 2020 forecast by 140 what we are seeing in that down grade for several months global refinery will lag behind as product inventory levels were high stocks have risen by 16. 2 Million Barrels in june and increased an average rate of 1. 7 Million Barrels per day. Crude prices remain in the range 40. 77 average, for the wti
This is. Semisurge, theyre leading us to new highs. Yeah, and its been pretty interesting, scott, because this has been a much broader rally than i think a lot of the folks have talked about over the last couple of weeks, and part of it is its the semiconductors, thats one of the areas everybody looks at the big 5 theyre not looking at some of these other names. When you look at the smh, and you see where its trading now and near all time highs, it gives you a little bit of a sense of how much activity there is there, and continues to be there. We have seen so much in the unusual options side of things its been incredible across just about every name that you can imagine. So it certainly does stand out to me that thats been performing, along with biotech to the upside, and both of those, oftentimes youre going to see most of those names in the nasdaq, and thats part of the reason youre seeing some of this outperformance from the nasdaq is this the week that growth took the market back,
Education leaders are preparing children across the state to distance learned for the rest of the school year. The state superintendent for public instruction Tony Thurmond is hoping the Distance Learning will accelerate everyones education. He unveiled specific guidelines on distancelearning for district leaders. California is also providing additional webinars and resource teachers as well. Will be providing a women are that is focus on how to provide special education through Distance Learning. I like to thank all those who are helping to put it together our special education workforce, california teachers association, the staff of the California Department of education in the state board of education for coming forward to help us answer a question is not been answered in this way before how do we deliver special education through Distance Learning more than 5,000 people have signed up mostly educators to hear about best practices about lesson plans about modules for how we deliver