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Including Broadband Access during coronavirus expanding broadband to rural areas telehealth funding and president trumps executive order on social Media Companies. Three hours 25 minutes. Good morning this hearing will come to order todays hearing on the oversight of the fcc. And they are here today and a special welcome to our a distinguished panel for appearing today we will hear from sec chairman pai commissioners. The sec is the nations primary regulator interstate and International Communications networks a core part of the agencys mission is to ensure all People United states have access to rapid and efficient nationwide Communications Services at reasonable prices never before ha ....
Peter navarro. It has been a huge swing s p futures up, nasdaq up by 62. The nasdaq up seven sessions in a row. S p is up. Watching for the month of june, all three of these is up on track to be the third month in a row taking a look at treasury yields youll see the 10year is yielding 0. 715 . Crude oil up above 40 for the First Time Since the lockdown in early march. Getting to the story it has been a wild ride overnight. Last night on fox news, white house trade advisor Peter Navarro responded to a question about the china trade deal saying it is, quote, over. At that point, futures plunged about 400 points but then recovered after he later clarified his comments saying it had nothing to do with the phase 1 trade deal which continues to be in place. He was speaking to the quote lack of trust of the Chinese Party after ....
I think Everybody Knows that. The impact is disproportionally on the poor and it could widen economic and equality, so something needs to be done. Government spending has helped but Public Confidence we key. You have to believe that you will be safe to go out. He says inflation will be low, and the fed has helped market functioning with its lending programs. They will keep buying agencies and treasuries, at the current pace, and then they will wind down with the crisis ending. The key point seems to take in the fact that we saw that amazing report today. He notes that with the easing of restrictions on mobility and commerce and the extension of federal loans, some businesses are opening up while stimulus checks are supporting households and spending. Oft said, he says the levels output of employment remained far below and significant uncertainty remains about the strength ....
Yesterday. Nasdaq down 2 yesterday dow futures indicated up about 26 points, nasdaq up by 30 and s p up by two. The 10year is yielding 0. 667 andrew we have news out of washington to tell you about democrats unveiling a new 3 trillion spending bill including another round of stimulus checks up to 6,000 per household and extending the weekly Unemployment Benefits that would go through january including 107 trillion to stabilizing rent and mortgages and a cap on state and local tax reductions for 2020 and 2021 of course returning the tax bill that hurt hightaxed blue states that hurt them the hardest saying the relief bill is a big ticket for a big problem House Minority leader called the bill a waste of time and an 1800page of liberal wish list with no chance of becoming law the fight begins the latest update on the efforts to reopen america. California governor announc ....
Host are against this week on the communicators is congresswoman Abigail Spanberger. Spanberger. Shes a democrat from virginia in her first term. Congresswoman, get some legislation that was passed earlier this month. What was it . Guest i had a bill focused on five Key Technology and the bill passed 4133, and the premise of this bill is we are facing significant challenges with the future 5g technology and the United States needs a comprehensive strategy. This bill would require that we develop one. That we implement it and we work with our partners and allies to ensure they do something similar. Host who is the wii that has to develop this . Guest the executives, branch. So determining the focus of this bill is that were requesting executive branch, the administration, develop a broadband strategy, a national strate ....