From Rockefeller Center in the heart of new york city it is the tonight show starring jimmy fallon join jimmy and his guests, common, matisse mayakoba, Rufus Wainwright and now here is your host, Jimmy Fallon Jimmy thank you very much. Hi everyone and welcome to the tonight show thank you so much for watching i am jimmy fallon. They are the roots we appreciate you tuning in. Thank you. Lets get to the news and jokes. Well, guys with the coronavirus surging and the economy cratering President Trump is turning his attention to what is really important the president announcing the president may ban the video sharing app tiktok saying he would use his president ial authority to terminate the applications use in the United States jimmy what is he doing the president of the United States or the preacher from footloose . This is a Real National security threat, the knowing which americans can and cant dance. I am sure it has everything to do with National Security and nothing to do with the t
Pandemic. The paycheckum Protection Program receiving 349 billion and another 310 billion of supplemental legislation. And with accountability are crucial because the moment theti administration became clear for those that needed it most. So we are not taking any other floor and then to take this opportunity for unanimous consent to get Something Real done with bipartisan support and who can be against transparency and otaccountability . Were close to 700 billion of the taxpayers money iso going and unfortunately the publicly traded companies have secured ppe loans putting some Companies Truly Small Businesses however hundreds of thousands of momandpop shops with the Restaurant Owners with the baker and the candlestick maker have been shut out with a standing relationship with a big bank. So when it comes to minority owned businesses with the center for responsible lending 90 percent of africanamerican and latino ownedno businesses are likely to shut out of ppe funding womenowned busin
Those who needed it most. So today we are not any other action on the floor dealing with covid, so we thought we would take this opportunity to ask unanimous consent to get Something Real done that should have bipartisan support on both sides of the aisle. Who can be against transparency . Who can be against accountability . An to know where close i to 700 billion of the taxpayers money is going . Is it going to the right places . Unfortunately today at least 200 publicly traded companies have managed to secure ppp loans, and most of those are not very small, including some Companies Whose owners are large contributors to President Trump. Truly, Small Businesses, however, hundreds of thousands of momandpop shops with less than 20 employees, the proverbial restaurant owner, or the butcher, the baker and the candlestick maker have been mostly shut out because they didnt have a standing relationship with a big bank. Thereve been great despairs when it comes to minorityowned businesses. Ac
The minority leader. Mr. Schumer thank you. Madam president , over the past few months, both parties have worked together to provide historic levels of funding to help Small Businesses retain employees, meet payroll, and stay afloat during the covid19 pandemic. The Paycheck Protection Program, the main instrument to help Small Business, received 349 billion under the cares act and another 310 billion in supplemental legislation. The public has know how this money is being spent. Oversight, transparency, and accountability are crucial because from the moment the administration began implementing these funds, it became clear much of it wasnt going to those who needed it most. So today we are not taking any other action on the floor dealing with covid, so we thought we would take this opportunity to ask unanimous consent to get Something Real done that should have bipartisan support on both sides of the aisle. Who can be against transparency . Who can be against accountability . Who can n
A similar loss on the s p. Big loss on the nasdaq composite. Why the nasdaq down so much . Well, just look at this. Big tech being taken to the cleaners this morning. Start with apple. Look at that. Its still a trillion dollar company, way down this morning after its Financial Report late yesterday. Ive got more on all this. Amazon, huge drop, down 120. They are plowing their profit into coping with the virus. Microsoft, not much impact from the virus but its caught in the downdraft. Microsoft is down nearly 2 , 3. 46. Next case, the political news. Topping that this morning is joe biden. He has denied a Sexual Assault allegation. He says quote, this never happened. Ive got more on that in a moment, too. Got a big weekend coming up. Texas opens up a lot of businesses. Who will go to the store, the barbershop, the restaurant . Thats going to be a pretty good indicator of the urge to get out of the house. In california, the governor has relocked down the beaches. How will that go down .