Coverage. Blake burman at the white house. Edward lawrence in washington. Well start with you, blake. Reporter jackie, last night during the Coronavirus Briefing President Trump first floated this idea of him potentially going down the path of trying to get a cut on capitalgains taxes going forward. Here is what im told according to sources. Right now the white house is exploring that idea, looking into it and doing so via the form of an executive order because there would be little to no appetite within washington, d. C. Right now of doing that legislatively, especially when you consider what the grand picture is with everything. Weve just heard some of it from Mitch Mcconnell within the last half hour or so. Both sides, democrats, republicans, still 2 1 2 trillion dollars apart. Both side right now not even talking. They are also acknowledging that this is going at least for the moment, nowhere. Watch. We are i will two sit down as long as it is a serious negotiation. Thus far it has
Both companies app stores. We will get into that. Check this one out. Joe biden calling for a nationwide mask mandate for all americans for three months, even if you are alone in the park. Then he takes no questions after announcing that plan. We will get into all of it for you and it is time for friday feedback which you still have time to send in your responses. Email us, varneyviewe varneyviewers foxbusiness. Com. We may read your email if you send it in now. An epic three hours ahead. David asman in for stuart varney. Varney company about to begin. David lets get a check of the markets and as you can see, the futures are down on the s p and the dow jones but up again on nasdaq. Meanwhile, its been 100 days since that march 23rd bear market low. Come in, ashley webster. Ash, we have seen a historic market reaction, a bounceback, right . Since hitting the lows on march 23rd . Ashley absolutely. Good morning to you. Since hitting those lows back in march, hundred day stretch going all
Its at the 27,000 level, up from 18,000 in march. Check your 401 k and smile. Whats going on here . Well, first theres a lot of talk about congress adding to the president s virus aid. The democrats made a big mistake walking away from mr. Trump from any deal, allowing the president to jump right in. Wall street would love another trillion or two of stimulus. Here we go. Can you believe this. Putin says russia has a vaccine. They have not finished Clinical Trials but his daughter has taken it. Im a skeptic. When the news broke, it did lift stock prices. We will tell you all we know. I do know this. Tim cook is a billionaire. He owns a chunk of the most valuable company in the world. Bernie sanders might not approve but i think its good to see a brilliant executive join the billionaires club. He and apple are wildly successful. All right. Look whats coming up. Maybe joe bidens choice for Vice President , maybe today. Hes boxed himself into an identity politics corner. A prediction that
President follansbee this is House Services Board Meeting for the Public Awareness follansbee was connected and is having technical issues and call the meeting to order. We will await his arrival. Madam secretary, please call roll. [roll call] Vice President canning, you have a quorum. Vice president canning pleas e call the next item on the agenda. My apologies, given the fact that we are virtual, if you would please review the details for the publics awareness for participating in our virtual meeting. Due to covid19 Health Emergency and to protect our Board Members City Employees and the public, the board of supervisors legislative chamber and Community Room are closed. However members will be participating in the meeting remotely. This precaution is taken prestudent to the local state and federal orders. Community members will attend the meeting through Video Conference and participate in the meeting. We have a few courtesy reminders. You can see on the screen now. All Public Commen
Arab emirates. What were told israel is going to stop its expansion on the west bank and production going on there. It gets a little bit international in scope here as would be the case but for the markets it is deemed to be a positive development if it leads to similar Peace Agreements and normal relations israel enjoys with the likes of jordan and egypt. That is a positive development for the market. Well look at. That the big Pressure Point for the markets is obviously the ongoing concern about the stimulus talks that so far seem to be going nowhere fast. The president initiated a number of executive orders and actions he wants anyway. Nancy pelosi says there is no way in heck they will ever come to fruition so neither side is talking. This like one of my big ol italian families are Holding Grudges and they dont even know what theyre mad about. Were following that and also former ambassador ric grenell, foreign deals, international dough mess strict struggles and grudges, but maybe