In southwestern louisiana, about 30 miles east as a cat 4 a storm surge forecasters say could be 20 feet deep. Good morning to you. Reporter good morning. The rain is steadily coming down here as hurricane laura moves up the coastline or state line from lake charles up to shreveport where i am the rain is coming down steadily for the past several hours this storm has been downgraded to a category 3. Many concerns remain around heavy rain that could lead to flooding and the possibility of high winds that could impact trees and cause trees to fall and lead to downed power lines and outages much like we are seeing in the southern part of the state. Shreveport is one of the places folks were evacuated to from lake charles we are here along the riverside where folks are staying in hotels to get away from the storm but the businesses here are closed casinos here are closed. The cities in the area, the surrounding area, School Districts all closed for the day as they wait out to see what exac
The bill nar has the blews these days he will explain why his businesses are struggling and the things that could get worse beyond that and what hes trying to do about that power lunch starts right now yes, it does the nasdaq hitting another all time high today. Its on strachan for its sixth straight day in the green. Bob has more for us. Modest weakness on the day. That tends to mean tech will still out perform. Thats happening today. Its airlines under perform and transports and Logistics Companies like jb hunt and fedex tend to out perform. This has been going on since the coronavirus issue back in february and march and again you can see that happening today. Ben carlson pointed this out the top ten stocks by market caps are up 10 so far this year the top 50 are up 2 but look at the bottom 50. Down 39 thats not a typo. Thats a huge disparity. Its true big stocks tend to be important. They always move the market. Bottom line is they have never been more important than they are right
Chairman shelby and his staff for letting us try this and see how this kind of information gathering works for appropriators. Its not a markup. There will be no voting today, but were going to get some really important information. Yesterday, the new coronavirus cases passed 50,000 for the first time, making it a single day record. This morning, 128,000 americans have died and nearly 2. 7 million have tested positive for covid19. Of course, the thoughts of myself and everyone on this committee are with those individuals and those families whove been affected. I called this hearing really to look at an update on the efforts that the administrations put together and, frankly members of this committee were very involved in to see if we couldnt establish a new way to look at responding to pandemics. I think we have the chance to actually write a new important chapter in what that response looks like. Developing the right vaccine, the right therapeutics, the right testing is important. And
Senator blunt the appropriation subcommittee on labor, health and Human Services, education and related agencies will come together. Im glad to be here this morning with my colleagues, some offices or from some other location. This is the first appropriations hearing being held in person and virtually and want to thank chairman shelby and his staff for letting us try this and see how this kind of information gathering works for appropriators. Its not a markup. There will be no voting today, but were going to get some really important information. Yesterday, the new coronavirus cases passed 50,000 for the first time, making it a single day record. This morning, 128,000 americans have died and nearly 2. 7 million have tested positive for covid19. Of course, the thoughts of myself and everyone on this committee are with those individuals and those families whove been affected. I called this hearing really to look at an update on the efforts that the administrations put together and, frank
Has left washington until at least may 4th the constitution provides a mechanism for the president to fill positions in such circumstances the recess appointment its called the senates practice of gaveling into socalled pro forma sessions where no one is even there has prevented me from using the Constitutional Authority that were giving that were given under the recess provisions the senate should either fulfill its duty and vote on my nominees or chit formally adjourn so that i can make recess appointments we have a tremendous number of people that have to come into government and now more so than ever before because of the virus and the problem. We have to do it and we have to do whatever we have to do theyve made it very very difficult to run government i dont think any administration has done anywhere near what weve done in 3 and a half years but every block every week they put up roadblocks whether its russia russia or russia or whether its impeachment or hoax or whatever it may