Members participating remotely must continue to use Software Platforms while attending the proceedings unless they experience connectivity issues or other technical problems that render the member unable to participate on camera. If a member who is participating remotely experiences technical difficulties please contact the Committee Staff for assistance and theyll help you get reconnected. When recognized video of remontanaly attending members, participation will be via the Television Internet feeds. They are asking to mute their microphone when not speaking. Doing so will ensure that rowe moat Technology Works properly. Members will be recognized normally for asking questions but if they want to speak at another time they must seek that by unmuting phones. There is a slight lag of a few seconds between the time you start speaking and the camera shot switching to you. To account for this please do a quote, preamable, whatever that means, unquote, before you get to your actual question
After yesterdays midsession rebound, the dow initially fell more than 750 points from the trading session before that striking turn around and finished higher more than 750 points s p 500 went from more than down 1,500 and nasdaq went to close up by 1. 4 these moves came after the fed said it would buy individual Corporate Bonds, not just the etf. President powell trading these today not only on what jay powell said but this idea that the administration will be looking for a 1 trillion package it just seems like the federal government is doing the best in their economy. S p indicated up by 41 and the nasdaq indicated up by 73. Looks like this morning, the 10year is yielding 7. 43 . Watching this stuff how it played out yesterday was kind of phenomenal i couldnt believe what we were watching at the close. It was quite unbelievable you are right houj part is the government stimulus unless that leaked out watching the market. It was down. I dont like mondays anyway. Then i saw 400 and bas
Ring this blic hlt vid19 is tthree times in theormal cle, oneerso thoronavirld kick off a snballffect that to leadsp 59,000 new iections. Think abouthat and think about the way wepeteere. Members travelrom theirme spoto nveneaoronirus hot on after mth after mon. Mcgovern w e cod symptomatic, carers nonetheless. Coeningongrs must notur tech nolling has changed considerably over the last 231 years. There are now toolles available that make temporary Committee Proceedings and remote voting on the house floor possible. Not offense, just temporarily during this emergency. Now some on the other side seem to think that temporarily embracing technology during this pandemic is a radical idea. Well, let me say this loud and clear to my colleagues, mr. Speaker. If anyone tells you that you would be giving away your vote with remote voting by approximately, this is just a lie, plain and simple. It is just not true. What would be radical is if this hoes did nothing, if we made members decide betwee
Us covid19 is up to three times more contagious than the flu. That means in a normal cycle of this virus, just one person with coronavirus could kick off a Snowball Effect that leaves up to 59,000 new infection. Think about that. And then, think about the way we normally operate here. Members travel frequently from their home states, some of which are coronavirus hotspots, to convene together in the capitol complex. Then, we travel back home at the end of the week and we repeat this process month after month after month. Along the way, we come in contact with fellow travelers. Colleagues, the general public, and the hundreds and hundreds of people who helped make this house operate. There is no telling who among them could have compromised immune systems. The existing conditions or other heightened risk for illness, but we know just how easy this virus spreads among those with strong immune systems. Choices thathe each one of us makes are especially important. Not just about protecting
Hold on. This is a tease. Stealing the thunder already this thats right, we are going to talk about this in just a moment anybody still on radio has to wait a second. Take a look at the futures this hour dow futures down about 170, s p off by 2 and nasdaq down by 81. Yesterday, nasdaq down about 1 . Crude oil prices, lets check that quickly we had been watching that contract build up. The july contract build up to just over 34 yesterday. Lets call it even at 32. Then there is the treasury market weve been watching youll see the 10year note has been yielding 0. 64 . A little pressure there too. Take away. With that tease, it feems like months now, weve had really big guests and corporations a big interview at 8 00 a. M. Eastern. Well talk all things economy with former Vice President joe biden about the pandemic, the race for the white house and so much more. Well do that at 8 00 a. M. Live with him a big interview to look forward to on this friday. Tgif i know all the days roll togethe