Introduce people more formally prior to their also thomas fanning, two of the commissioners of the commission. First of all i want to thank the cochairs and that commissioners for the important work on the Cyberspace Solarium Commission. I think the end product is excellent. I think it has solid recommendations that a number of these are within our committees jurisdiction over the working hard to evaluate those and the ones that we can get them passed into law of these recommendations can be done through executive action. What id like to spend my time just enter my formal written state into the record, i just want to talk about two of the commissions recommendations. When i i got here in the congrs in 2011, cybersecurity was a hot issue. It still is. Its not going away. I remember the buzzword back ban is we have to do something about this. Weve made a number of attempts and quite honestly we made a fair amount of progress. My own sense is the bad guys, the people and often always have
Thinnest of reeds which is why the averages were able to war today. The dow which gained 470 points, s p advancing 2. 28 . Its hard to find a positive button house of pleasure the nasdaq gaining 1. 72 . All right, what happened okay, this morning President Trump told us hes brokering a deal between russia and saudi arabia so theyll stop flooding the world with oil that will help the price of crude to rebound back to the 20s and trigger a short rally in the stock market. One that couldnt be taken down by the shroud of gloom even as the shroud kept trying to take it down. Intermittently until being ripped from the markets rarely bullish face buy, buy, buy yep, we live in a bizarre world where wall street can momentarily overlook the fact that 6. 6 million americans filed for Unemployment Insurance last week a mindblowingly horrible record breaking number. Instead, we briefly able to accentuate the positive. It might not collapse, saving billions of bad loans and preserving Energy Indepen
Outbreak in the u. S. , but new jersey reported its worst day yet. More money for Small Business as the treasury secretary and lawmakers signal additional funds will be allocated for the Small Business program, which has seen enormous demand and m. G. Firms from exxon to halliburton may lay off workers in light of the economic turm l turmoil. Well speak with the ceo of verizon about the companys effort to keep students informed while they are away from school. And the ceo of state street will join us. We have details on the Small Business relief meeting that is taking place this hour at the white house. Mike santoli is tracking the markets fading gains this hour. Ka kayla, first to you on breaking news in washington reporters are entering the roosevelt room right now where President Trump and his economic advisers are set to host a Virtual Meeting with a slate of financial industry ceos to talk about what they are doing to assist Small Businesses. The list of attendees includes some of
Coronavirus bill. This as the white house is now floating a new trillion dollar stimulus package that may meann confirmed coronavirus cases continues to grow here in the bay area and beyond. Nationwide there are now 6,000 cases and more than 100 deaths. And the new number just in within the last few hours, there are now 200,000 infections worldwide. Staggering numbers that were dealing with right now. A look at our forecast. What are we in for today . Its going to be raining but off and on. Its on right now for much of the bay area. Well take a break by late morning and see it redeveloping for the afternoon. We are seeing the showers anywhere from parts of Solano County down to marin county, and then just north of san jose. So well see it spreading as we go into the next few hours. And then taking a break as we head through about 1 00 to 2 00. Well start to see popup showers that could bring in heavy rain along with small hail so ill be tracking that for you. Youre seeing flashing ligh
And the Health Ministry now he said he puts the number of dead from the virus at 50 now he acknowledges not within maybe from the krona virus but he says that the governments performance on the issue has been 0 he says that nurses dont have the correct uniforms on are scared of treating patients he says that the government isnt really concerned and the virus has been present in iran for 3 weeks but their names meant was delayed by the government he also said that he knows of 2 children that have been infected by the virus and has called upon the Health Ministry to impose a curfew on the city of call now the Deputy Health minister has has denied that figure of 50 and said that even if it was half that number he would submit his resignation now about the responded to that and he said he sent the names of those that have died from the virus to the Health Ministry and he expects a resignation now the Health Minister has come out in response to all of this and he said that the government is