Armenia and azerbaijan agree to work to end their conflict. So in the last hour or so donald trump is assured americans of his administrations response to the coronavirus pandemic us president released a video filmed outside the white house where he calls his Coronavirus Infection a blessing from god he also tells of the experimental antibody cocktail which he was treated with saying hell make it free for everyone trump back in the oval office for the 1st time since he was released from hospital on monday. I went in i wasnt feeling so hot and within a very short period of time they gave me regeneration its called regeneration and other things too but i think this was the key but they gave me regeneration and it was like unbelievable i felt good immediately i felt as good 3 days ago as i do now so i think this was a blessing from god that i caught it this was a blessing in disguise i caught it i heard about this drug i said let me take it it was my suggestion i said let me take it and i
No let up to the s p 500. After all that negative Economic Data, we have the 10 year yield back down to 65 basis points. Crude oil is trying to make a run for 20 a barrel, a whole . 14 lower their. The vix is trading just below 42. Halfway into the trading day. Lets get to Abigail Doolittle for some more detail. Abigail that was certainly a risk off picture. Thatinancial markets on dire Economic Data we have seen today. Subsector picture it gets worse. Look at the s p 500 energy index. Down 6. 3 . This antipathy in sympathy with the volatility for oil. We also have the bank index down sharply for a third day. More bad earnings from citigroup and bank of america. A global macro picture is not great. Auto down, airlines down even with a bailout. One area that is doing better is the faang index. It is doing quite well. A piece of this is tesla. Take a look at tesla over the last 19 sessions. Tesla has actually doubled. Goldman sachs has initiated on tesla with a buy rating, but it is extr
American doctors and nurses and all of the medical people, weve kept our fatality rate very very low compared to other countries. My administrations closely monitoring the data on the viruss impact on our cherished africanamerican communities because theyve been hit hard. And the Surgeon General will be sharing more of that information, right after were finished here. He will be coming up and saying exactly whats happening because its really its very troublesome, i will tell you that. Id also like to provide clarity on the important point for Many Americans on elective surgeries. While weve asked the hospitals to cancel surgeries and procedures that do not take place at this time, just not to do them now, the choice to delay any treatment still remains between the patient and their doctor. We are not advising americans to postpone medical treatment that their doctor believes should occur now. Diff obviously, but were really getting to the point where you can start to think about doing
Treasury secretary Steve Mnuchin says the administration is working with congress on a spending package for National Coronavirus response. He testified before the house ways and Means Committee on President Trumps 2021 Budget Proposal and was asked about the governments response to the outbreak as well as its Economic Impact. We want to be able to take advantage of the opportunity this morning to give the secretary time for the give and take in the dialogue that were going tome brace here for the next couple of hours. To embrace here for the next couple of hours. Mr. Neal i think we can provide to the first issue so we can get to the chairman. It is of no controversy. So, first, let me call the ways and Means Committee to order. Good morning. Before turning to our hearing this morning. The committees annual budget on views and estimates for fiscal year 2021 in accordance with the requirements of section 301d of the congressional budget act of 1974. Members will find the letter in front
[inaudible] we want to be able to take advantage of the opportunity this morning to give the secretary time for the give and take in the dialogue that were going to embrace here for the next couple of hours. I think we can proceed to the first issue so we can get to the chairman. It is of no controversy. No con. So, first, let me call the ways and Means Committee to order. Good morning. Before turning to our hearing this morning. The committees annual budget on views and estimates for fiscal year 2021 in accordance with the requirements of section 301d of the congressional budget act of 1974. Members will find the letter in front of them. Let me thank Ranking Member brady for working with me on this matter so that we are able to submit a consensus document to the Budget Committee that reflects the priorities of the ways and Means Committee as a whole. Without objection, the views and estimates will be considered as read and open for amendment at any point. And if there are no amendment