Prizewinning and distinguish Foreign Correspondent and columnist for the Washington Post and friend, jim hoberman. Good to be here. And then to be the luckiest man i can say truthfully the gemini is fascinated i really didnt expect to read every word that was so vast and once i started i couldnt put it down. So in 2005 i know you did seven books. I did character and character assassination. That is it. It is a pleasure to work with the senatornd that they would do more. I find this strange to be talking about him i was really surprised to discover about the mccain family that he had western roots im a carpetbagger in arizona i grew up as a carpetbagger but i didnt realize that about john mccain was a carpetbagger when he ran for office. Talking smalltown mississippi and then to get the reaction. And john mccain seven forebears. And with the own personality so no doubt is derived from the personality of his father and grandfather in the position of mississippi mccain with that enthusias
Tonight, the White House Coronavirus Task Force Says the spread of the virus is aggressive, unrelenting, and aggressive, unr expanding nationwide. In a series of private reports obtained by cbs news, the president s advisers warn not enough is being done to stop it. As we come on the air tonight, one out of every 10 americans now being tested for covid19 has it, and in many cities, just getting a test takes hours. Hospitals say they are now on the brink, treating 73,000 coronavirus patients tonight. That is a sobering new record. And with the situation now at a breaking point, more states and cities are cracking down, issuing new restrictions as new infections skyrocket. Rocket. Governor has just issued ohios governor has just issued a threeweek, statewide curfew. A threeweek, sta few. And north dakota are iowa and mandating masks. And in new orleans, the famed mardi gras parades are already being canceled tonight,three months before theyre set to start. Still, the nations top Infectio
S p by 11, nasdaq up by about 42 there were a few areas of the market yesterday that continued to outperform including the small caps russell 2000 coming off an alltime intra day high. And then there is the khodow trs trading at a record high and right now it looks like the ten year is yielding just about 0. 8 the transports a lot of times, they are an early indicator of what is to come, but maybe more difficult to glean what is happening this time given the overall virus situation. Yeah, it is and it is really not things Like Airlines so much driving the transports actually fedex and u. P. S. Are arguably kind of stayathome plays and they are also big components of the transports so really just kind of gone sideways in the last day or so, not much of a pullback just yet. So well very to see how that develops and in this context especially with the White House Task force painting a bleak picture on the near term outlook. The most recent report warns that there is, quote, now aggressive
Nasdaq declined. 82 there is only one thought. Good, they all got a chance to buy. Not long ago on days like this we say oh boy, i got to get out of here while it is getting good who knows what it is going to happen with this thing it is going to roll over now we often see pull backs like this as opportunities that are too precious to swander. How do we explain the new mindset . I think because we broken the tyranny of the indexers. When the fed says something positive or when we get solid employment number. Either way, we were in the throw to these big macro events. They control everything. Not anymore. These days macro does not matter very much. And etf buyers have stopped reacting to this stuff instead they react to the opportunity so when stocks come down, these people step up and actually start buying, make it much harder to have a hideous selloff you know what there is nothing new about this less lock steps opportunity mindset. This was the old new normal of the index funds 20 ye
Vote vote the presiding officer are there any senators in the chamber wishing to change his vote . Are there any senators in the chamber wishing to vote . If not, the yeas are 52, the nays are 44, and the nomination is confirmed. Under the evious order, the motion to reconsider is consideredade and laid upon e table and the president will be immediately notified of the senas actions. A senator madam president. I ask unanimous consent that the mandatory quorum call wit respect to the shelt nomination be waived. The presiding officer is there objection . Without objection. The clerk will report the motion to invoke cloture. The clerk clotu motion, we, the undersigned setors, in accordance with the provisions of rule 22, hereby bring to a close debate on the nomation of judy slton, of califora, to be a member of t board of governors of the Federal Reserve system, signed by 17 senators. The presiding officer by unanimous consent, the mandatory quorum call has been waived. The question is,