Back. We had a great session last night. This of course is the 2019 International Conference on the American Revolution. Were meeting at the museum of the American Revolution in philadelphia. Were very thankful to our sponsors. Richard c von hess foundation, and john am jeanne roe. Theres a long genie all itchy to this topic. It goes back more than a quarter century. Very personal for me. It starts with insight thats brought out in the exhibition that is celebrated, here the life and death of a irish soldier. This explores connections between the American Revolution and ireland through the eyes of st. George, both a soldier and. Artist not a fine artist, a caricaturist. Of course we know that satire and mockery, something we use a lot here among the staff at the museum can reveal a lot about culture. This is certainly a theme that comes up. About 30 years ago when i was a graduate student doing research for a dissertation chapter in edinburgh, there was another graduate student at the
Gilead sciences, as you heard from maria, positive news from a government trial of their remdesivir and also from two of their own trials. Positive news on a treatment. That sent futures straight up earlier this morning and look at the stock, also straight up, 6. 8 . Thats the effect of this effective trial of remdesivir. Up go futures, up goes gilead stock. More on this in a moment. A second reason for the dows gains, investors expect a strong recovery for the economy starting in the summer. The market always looks to future conditions. Theres a third reason. The Federal Reserve is likely to say today they will do whatever it takes to stabilize your money. Wall streets expecting more stimulus. The dow will be up close to 550 points at the opening bell, close to 2 . The s p up 2 . The nasdaq solid indeed, up over 2 . We had boeings numbers out this morning. Continuing problems, but its cutting 10 of its work force and investors like that. The stock is up nearly 6 . Okay. More on all th
Good. The steering will come to order. I want to thank you witnesses for your efforts as they are wed to the current have to call it a pandemic at this point with covid19 karate coronavirus. I think it is important we put ever in perspective. I asked my Committee Members to include my Opening Statement in the record. Fail towe often recognize and put this in proper perspective. Let me battle off a couple figures. Worldwideal cases ended up being less than 29,000. In the mist of that crisis, we were talking about this spreading and it could be a Million People. Which would have been a huge problem because ebola had a mortality rate of already percent. In the end, because of effective action on the part of the world health organization, Obama Organization administration, we prevented that from spreading. Less than 29,000 people contracted that. We have had other topics of ebola where we are Getting Better at it. We have developed effective vaccines that helped protect Health Workers and
Would have consistent with the letter just sent to all of our members and to instructions to mr. Nadler, suggestions to mr. Nadler, we do expect there to be legislation on the floor next week with reference to what we call supplemental legislation for the appointment of managers, the funding of the effort. Of the effort and we pect papers will be sent sometime soon. Mr. Scalise does the gentleman yield . Mr. Hoyer i yield. Sca mr. Scalise we have seen chorus of democrat senators in the recent days expressing concern that the papers should be sent over. Obviously on my side, we felt that there was no case, there was no crime and it was clear in so many areas of this, but ultimately house passed the legislation, whether the speaker voted for it or against it, its not some power of the speaker exclusively to hold on to that if the speaker doesnt want to send it to the senate ultimately for the ability to function as a legislative body, if the house passes legislation, it goes to the senat
And im not sure if that is ongoing or something already in the works, but does the gentleman expect that legislation to come to the floor next week . And does that mean the papers have been transmitted to the senate or would be transmitted to the senate within the next few days . Mr. Hoyer in answer to the gentlemans question, the expectation is that we will have kint with the letter just sent to all of our members and to instructions to mr. Nadler or suggestions to mr. Nadler, we expect there to be legislation on the floor next week with reference to what we call supplemental legislation for appointment of managers and funding of the effort and we pect papers will be sent sometime soon. Mr. Scalise does the gentleman yield . Mr. Hoyer i yield. Sca mr. Scalise we have seen chorus of democrat senators in the recent days expressing concern that the papers should be sent over. Obviously on my side, we felt that there was no case, there was no crime and it was clear in so many areas of thi