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Transcripts For CSPAN2 U.S. Senate Sen. Cortez Masto On COVID-19 Relief 20240711

We can do this. And we need to do this. So lets be about actually making a law. The presiding officer without objection. A senator mr. President , thank you. I rise today to talk a little bit about whats happening in nevada. Last week i had the opportunity to be home, and i went to one of our mobile food banks in East Las Vegas just before thanksgiving. Ms. Cortez masto a mobile food bank is one of our food pantries throughout nevada and this one is run by three square. I arrived around 8 00 a. M. In the morning to a line of cars waiting at the site. And that line sometimes gets so long, police have to direct traffic around it. Literally, they lined up at 3 00 a. M. The food pantry doesnt even open until 7 00 or 8 00 in the morning, but they remember there at 3 but they were there at 3 00 a. M. Around the block in their cars to stay safe from the covid19 pandemic. But there were over 350 of them throughout that morning, and that is not unusual with whats happening in nevada right now.

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Transcripts For CSPAN3 Senators House Members Introduce Bipartisan COVID-19 Relief Bill 20240711

Might want to put your phones on silent. Phones on silent. Everybody have their phones on silent . We all ready . Let me welcome all of you, and thank you for being here. This has been a group thats been in labor of intense effort and i know every one of us want to thank our staffs because theyve done yeomans work. As you can see, we have with us a bipartisan, Bicameral Group of people that have been working diligently for the last 30 days or more trying to get to a conclusion and a template, if you will, or a framework. This is covid emergency relief framework, its exactly what it is. Take your mask off. You cant hear me . Okay. Back off. Let me just say that this is an intense amount of work that the staffs have been doing for quite some time and every senator, every congressperson here has put in an enormous amount of time on this in person and on the phone. This is a covid emergency relief framework. Weve worked in the best interest of what we believe is great for our country, is g

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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240711

The headline number, 57. 5, down from 59. 3. This is a very elevated number by historical standards still, but there are signs of some weakness creeping into those figures. It was unlikely they would remain as high as they did. The survey number was 58. We come through with a headline number of 57. 5. Prices paid a little light as well. The employment number has dropped quite significantly. This may be something you want to Pay Attention to. Remember, we are waiting for the payrolls number friday. 48. 4 is where we are coming through their. Construction spending month on month, 1. 3 . Lets break it all down. Lets get some details. Mike mckee come over to you. Michael you gave us most of the details there that matter, especially that employment number. That has been concerning people in the markets. We have seen a slowdown in the economy reflected in the topdown numbers, although manufacturing has been the source of strength in most economies around the world since the depth of the covi

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Transcripts For CSPAN Senators House Members Introduce Bipartisan COVID-19 Relief Bill 20240711

Debate. Phones on silent. Everybody have their phones on silent all right. Let me welcome all of you. Thank you for being here. This has been a group that has been in labor of intense ever intense. Bicameralbipartisan, group of people working diligently for the last 30 days trying to get to a conclusion and a framework. This is covid emergency relief. That is exactly what it is. You cannot hear me . Ok. Back off. Let me say that this is intense amount of work that the staffs has been doing for quite some time. Every senator, every congressperson here has been an enormous amount of time on this fund. This is a covid emergency relief framework. We have worked more on the best interest of what we believe is great for our country, our state and we can go home knowing that we have worked diligently to make sure that the unemployed, the Small Businesses, the state and local findings, student loan forbearance, everything is going to come to a halt in december because of the timing, that is no

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Transcripts For BLOOMBERG Bloomberg Markets European Close 20240711

Immigrants, or they can override state voting laws or let violent felons out of prison, things that have nothing to do with the coronavirus. Those are the two most important things we could do to help those who are still struggling with this virus get back to work until vaccines are approved and widely distributed. What will not help, what will not help, will is not designed to help was the 133 programs that have been so much of the point of discussion today. The 133 facilities have achieved their purpose. The reason we wrote it and members of this Committee Help drafted it was to fundamentally that the credit slowed to fundamentally credit where the businesses. It was not to subsidize failing businesses that were not going to be able to succeed before china unleashed this plague on the world. It wasnt to bailout fiscally irresponsible, mostly democratically led states and cities who mismanaged their finances for years or even decades. It was to stabilize credit markets. And i have to

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