Weekend and its the worst of all networks. When i look adat the hostility of that, i said lets do it with another network. I want to do it, so were thinking about it. They also want to change the rules. The deal is we keep the same rules and they want to change the rules because she cant answer questions. As donald trump casting doubt about whether hell participate in the president ial debate scheduled from two weeks from today, well have the latest on the rift over the rules from the two campaigns. Also ahead, an update on the classified documents case against former President Trump as jack smith works to reverse judge Aileen Cannons dismissal. And well go through the growing list of republicans who are now supporting Vice President Harris Campaign. Good morning and welcome to way too early on this tuesday, august 27th. Im ali vitali in for jonathan lemire. We begin with the fight between the harris and Trump Campaigns over the rules for the president ial debate. The main issue is whe
,. We are in a building that is built in the 17 thirties, about 40 years before theres any such thing as the United States of america. At that time pennsylvania was a british colony. This was its Capital Building. They would make laws for pennsylvania and each of the 13 colonies has its own government. These are the issues in a lot of ways that will lead to the creation of the United States, most of which will happen in this room, because the colonies, as time goes forward will start to grow dissatisfied with the way the British Government is treating them, is affecting their lives locally. One of the other side issues is americans living in the colonies do not get to vote in british elections. When the parliament in london makes laws for americans, the most famous being various taxes you learned about in school, we will say this is taxation without representation. It is that idea you are not getting the voice. Thomas jefferson would write that government existing with the consent of t
Financial Services Subcommittee hearing on creating a federal pandemic Risk Insurance program. Even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves, and to admit themselves after they are finished speaking. Consistent with the regulation accompanying house rest 965, staff will only mute members and witnesses as appropriate. When not recognized to avoid any background noise. Members are reminded that all house rules relating to order and the corn to this remote hearing. History is entitled insuring against a pandemic, challenges and solutions for policyholders and insurers. And i now recognize myself for three minutes to give an opening statement. According to the Congressional Research service, 110 Million People worldwide could enter a state of extreme poverty due to the Global Economic contraction, and here in the United States 657 Million People have filed for Unemployment Insurance since march of this
Some signs of nervousness is also showing for the banks. Bonds are rallying a little bit so that means yields come in and that weighs on the bank so thats a little bit of a pause in the cyclical rally. How does the market really react to what the economists are seeing . They say we will be good in the second half of next your but have a really tough spot between here and there. Have the markets price that in . Abigail the markets do not appear to be pricing it in all that much. As you know, some of the longer term charts are starting to show the possibility that equities in particular are stretched and there could be some sort of sharp pullback for the end of this month or the beginning of next year. That could very well reflect the air pocket the jobs report for november is very disappointing suggesting december and january could be worse. It appears theres some sort of awkward middle ground in the First Quarter of 2021 and maybe beyond. The optimism that the vaccine will bring to the
To declarer can rise a recess of the subcommittee at any time. Without objection members of the full committee not on the subcommittee are authorized participate in todays hearing. Members are reminded to keep their video function on at all times, even when they are not recognized by the chair. Thatrs are also reminded they are responsible for muting and unmuting themselves and to mute themselves after they are finished speaking. Consistent with the regulations accompanying House Resolution 965, we will only mute members and witnesses as appropriate. When not recognized for to avoid inadvertent background noise. Members are reminded that our house rules relating to the order and the decorum of the desk decorum applied to this remote hearing. This hearing is entitled insuring against a pandemic challenges and solutions for , policyholders and insurers. I now recognize myself for three minutes to begin with an opening statement. According to the Congressional Research service, 110 Millio