Reopening. We will speak with a Lieutenant Governor. She will be joining us. Partner chairman per perspective on the company front. We are getting some data right now. Existing home sales, monthtomonth on month, 9. 7 , that is significantly worse than the market was anticipating. This is the month on month number. The Economist Survey suggested the number could be 5. 6 . Set ofgnificantly worse data coming out of the u. S. Housing market. U. S. Sales coming through at 3. 91 in totality. So, the u. S. Housing market is in a word place. In some ways because of government assistance. We have not seen a collapse in prices. This is transaction. Prices are fairly buoyant. Later on this year, things could get trickier. At the moment, looking at the monthtomonth, that number worse than anticipated. Alix it raises the question, where do people want to live as areas reopen. New york, as we mentioned, and during the second phase. 300,000 more people returning to work today. Outdoor dining, and pe
do it again. we are all going to work together on this. there is one person in this country who has defeated donald trump. his name is joe biden. on friday the new york times editorial board urging president biden to drop his t reelection bid. the paper also calling donald trump a significant jeopardy to democracy. all of this as the country looks ahead to monday and the supreme court will issue the ruling on immunity. that is the same day former trump white house strategist steve bannon heads to prison after the supreme court rejected the request to delay his sentence. he will serve a four month a sentence on contempt of congress charges as his appeal proceeds. on friday the court ruled for a january 6 writer challenging an obstruction charge. that focuses on a charge that a former president trump also faces in his election interference. will this affect trump? a former investigator says likely no. we will hear why when we speak with him later this hour. we have severa
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The House of Representatives (on Dec. 8, 2020) and the Senate (on Dec. 11, 2020) passed the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021, H.R. 6395 (the NDAA). While the bill’s principal focus is on defense appropriations, it includes as Section 6501, titled “Investigations and Prosecution of Offenses for Violations of the Securities Laws,” significant amendments to Section 21(d) of the Securities Exchange Act of 1934. First, the proposed amendments would grant the Securities and Exchange Commission (SEC) express statutory authority to pursue disgorgement in civil enforcement actions in federal court. Second, the bill doubles the statute of limitations applied to disgorgement actions for all cases involving fraud or scienter from five years to 10 years (leaving a five-year statute for disgorgement in non-fraud cases). The bill also sets a 10-year statute of limitations