Max, treasury secretary Steven Mnuchin and Federal Reserve chair Jerome Powell on the impact of the coronavirus on the economy. This is two and half hours. This hearing will come to order. Todays hearing is a hybrid format and the hearing room has been configured to maintain the recommended sixfoot social distancing between senators, witnesses witnesses and otheren individuals in the room necessary to operate the hearing which we have kept to a minimum. For those joining remotely a few videoconferencing reminders. Once you start speaking there will be a slight delay before you are displayed on the screen. To minimize background noise please click the mute button until it is your turn to speak or ask questions. If there is a Technology Issue we will move to the next senator until it is resolved. I again remind all senators and our witnesses that the fiveminute clocks still apply and you should, those remote, stall, box on your screen labeled clock that will show how much time is remaini
Selloff. The dow industrials down 36 points, nasdaq up 61 and s p higher by 3 and a quarter. This as we await testimony from treasury secretary Steven Mnuchin and Federal Reserve chairman jay powell today, both on capitol hill later today. This follows a huge selloff yesterday sparked by an open Supreme Court seat and impact of it on the ledge Kellyanne Conway slalegislative agenda. Dow indusn 500 points, nasdaq lower by 14 and s p lower by 38. The state of our cities, the department of justice naming three major cities anarchist jurisdictions that could lose federal funding due to ongoing unrest. Rudy giuliani is back with us with his take on all of this. Then, fine on the field, nfl handing out massive fines for mask violations, all the numbers coming up this morning. Women and wellness, how some are expanding business while keeping their cool in the era of coronavirus. Super model Kathy Ireland is here with lifestyle tips you dont want to yo miss. Mornings with maria is live right n
Scientific aors over tonight cbs at cdictorertse expert, dr. Anthony fauci, have been sidelined from the president s Coronavirus Task force. That news comes after a stunning rebuke of dr. Redfield by President Trump saying redfied, who has spent his career studying viruses and heads the worlds premier Public Health agency, misunderstood the question when he testified under oath it will take until the middle of next year to vaccinate enough americans to limit the spread of covid. With the election just 47 days away, the president keeps suggesting a vaccine will be ready before americans cast their ballot. Now, that is something that most experts including the governments own stists say is just not true for the general public. And that disagreement has lead to a daylong fight pitting versus spin, the kind of political fight you might expect in an election year, only this time american lives and the economy are at stake. As we come on the air the number of People Killed by coronavirus in
Regulations members are required to leave their cameras on the entire time they are in an official proceeding, even if they step away from the camera. This is an entirely remote hearing and as such the Committee Ruling will be closed and members who choose to sit with their individual devices in the hearing room must wear headphones to avoid feedback echoes and distortion resulting for more than one person in the room on the Software Platform as has been reported by the committees. They also are excited to adhere to social distancing and safe healthcare guidelines including masks, gloves and wiping down their area both before and after their presence in the hearing room. While a roll call is not necessary to establish a quorum, whatever there is an official proceeding with low participation the clerk will call the roll to help make clear who is here at the start of the proceeding. I will ask the clerk to call on the role. Madame clerk. [roll call] [roll call] [roll call] [roll call] [r
[roll call] [roll call] pursuant to Committee Rule Opening Statements is limited to the chair and Ranking Member and this allows to hear from our witnesses sooner and provides members and adequate time to answer questions. I now trigger myself for an opening statement. Before i deliver the opening remarks i must first acknowledge the recent protests against Police Misconduct in in favor of Racial Equity and justice across the nation. Times are demanding and we address this countrys centuryold challenges and with todays hearing we can be prepared to answer the call to Racial Equity and justice in education. I want to note this hearing marks the committees first fully remote hearing pursuant to House Resolution 965 and accompanying regulations. To date we will examine how covid19 pandemic has directly impacted his state and local government revenue and how projected state and local government shortfalls to further exacerbate educational inequities rooted in a with the inequities rooted a