More than 90 effectiveness in preventing the disease. This is very helpful news. And it is a trip to the innovative power of the private sector and efforts of congress and the Trump Administration to expedite the development of Covid Vaccines. A light at the end of the tunnel looks likeat its on the way. At the same time, madam president , it is essential esst minimize whats happening with covid right now. Cases are surging and are likely to surge further. Doctors and hospitals are struggling. Its essential we maintain key Safety Measures until those vaccines arrive. Number than everng we need to kp wearing masks, washing our hands and maintaining social distance. The more responsibly that we add, the more we can protect vulnerable members of the population and keep our doctors and hospitals from being overrun. Acting responsibly can alsols hp avert for the economic set of which would be a devastating blow to a lot of struggling businesses. I know its been a long, hard year and everyon
2 15 p. M. Eastern and we have live coverag here on cspan2. Earlier sators john thune and dick durbin talkn the ongoing coronavirus pandemic the governments response. Madam president , yesterday drugmaker madonna fired for emergency youth authorization from the fda for the Covid Vaccine and the fdas Vaccine Advisory Committee is scheduled to discuss pfizers Covid Vaccine next week and is excited to review maternals shortly thereafter. That it is entirely possible that by the end of december the fda will have authorized, not one, but two Covid Vaccines that are so far shown more than 90 effectiveness in preventing the disease. This is very hopeful news. It is a tribute to the innovative power of the private sector and the efforts of congress and the Trump Administration to expedite the development of Covid Vaccines. The light at the end of the tunnel looks like it is on the way and at the same time, madam president , it is essential would not minimize with happening with covid right now
Procedural vote for the nominee for the Credit Administration board. Now live coverage here on cspan2. The president pro tempore t senate will co to order. The chaplain, dr. Black, will the chaplain let us pray. Eternal master, continue to be our shelter from lifes storms and winds. You have provided us with your presence and a reminder in hebrews 13 5 that you will never leave or forsake us. May this knowledge of your watchcare sustain our senators through this challenging season. Grant that their work will become more meaningful and effective as they cultivate a greater awareness of your divine companionship. We pray in your loving name. Amen. The president pro tempore please join me in the pledge of allegiance. I pledge allegiance to the flag of the united stat of america, and to the republic fowhich it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam president . The presiding officer t senator from iowa. Mr. Graley one minute for morni
New record. So theres hope. Sentiment mixed as Congress Faces a crucial week, folks. It needs to pass a spending bill to avoid a Government Shutdown on friday as well as billions and billions in coronavirus stimulus package to help struggling businesses and americans. Weve got up to the minute details. We are about to take you live to the white house. Meanwhile, college kids now protesting tuition costs, refusing to pay after being forced to learn online during the pandemic. The ceo of Online Education company and online textbook rental giant chegg is here on how this is all coming together when it comes to the actual focus that this company was created upon. Parents and students reducing the cost of higher education. As the year of the spac continuing, this video gamings goto payments processor is going public with the backing of billionaire bill foley. He joins us along with the ceo of pay safe coming live on to the Public Markets today. All right. Lets get to the senate floor, where
Im becky quick along with yoe kernen and Andrew Ross Sorkin. As joe mentioned, we are seeing green arrows today reversing a lot of the losses that we saw yesterday. Yesterday the dow was down by 317, this morning it picked up 272 points in the futures so far. Also the s p up by about 32 after it was country down by 1 yesterday. And nasdaq up by 95 this morning after it was down about 76 points yesterday yesterday was the worst day of the month, but there are crazy good numbers dow up by 10 for the honesty to da month to date and nasdaq is up 7 for the month of november so far too. Also lets take a look at the treasury market. The ten year note is sitting right at 0. 896 . So back below 0. 9 , we had flirted with the idea of seeing it finally hit 1 , but it is not there yet. Andrew thanks, becky as joe mentioned, president elect joe biden has nowofficially won the state of arizona, nbc making that call late last night. He is the first democrat to win in arizona since president clinton b