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Thank you very much. Good morning. Thanks to all of you for joining us and to all our colleagues for participating this morning. As you are well aware that every part we are in the midst of a Public Health and economic catastrophe. The coronavirus pandemic has resulted in the loss of more than 150,000 american lives, more than 4. 8 million infections in the sharpest economic downturn since the great depression. The latest projection from the cdc anticipates an average of nearly 1000 deaths per day through august 22. That is 18000 americans who will die over just two and half weeks. Since march my colleagues and i have conducted oversight over the Trump Administrations response to this crisis to ensure it is efficient, effective and equitable. Our goal is clear, to save americans lives and livelihoods. Our message to the administration is simple, it is urgent that we put ....
Workplaces. They dont just have kids in them. Authorized tos declare a recess of the committee at any time. I now recognize myself for an opening statement. On july 11, President Trump think it wouldms be bad for them politically if schools open before the november election. It is important for children and family. Threat, may cut off funding if not open. Isterday he said my view schools should open. This thing is going away. Things go away like away and my view is schools should be open. The decision about how to reopen schools as a political dispute about his own reelection, and to paraphrase his press secretary, he is refusing to let science stand in the way. I fundamentally disagree with that approach. Schools must reopen based on science and the safety of our children and teachers, not politics and wishful thinking. I do agree with the president that schools are critically important for children and their families. My first ....
Surged as lead by amazon well have more on that in a minute jim cramer said it feels insane. Im wrong to say that at the moment u. S. Equity futures at this hour show you how it stands. Well have another day in the green. Dow up 230 points. S p 500 up we should show you treasury yields now at. 0617. All i do is think about my 10year mortgage i dont have a 10year you have a 30year, which you regret i wish i had a fiveyear arm. You could still have a fiveyear arm. You are giving it to the man you are. Giving it to the suits. We are seeing a bit for bonds and equity even higher a reach for safety even though we have a risk on. The eu has reached a breakthrough deal agreeing to 857 billion Recovery Fund it will raise money by selling bonds collectively disbursed to the maybe countries hit the hardest that do not have to be repaid many countries including germany had long opposed also agreed to eu budget of 1 trillion beginning next yea ....
Schools should open. This thing is going away. Things go away like away and my view is schools should be open. The decision about how to reopen schools as a political dispute about his own reelection, and to paraphrase his press secretary, he is refusing to let science stand in the way. I fundamentally disagree with that approach. Schools must reopen based on science and the safety of our children and teachers, not politics and wishful thinking. I do agree with the president that schools are critically important for children and their families. My first job after i graduated from college was at the high score does high school. High school. My wife was a school librarian. Of year thehis time anticipation of school would come into focus. Two of my grandchildren are of school age and they are feeling that anticipation now. In may, the select subcommittee focused on how to open safely by testing, tracing. I hoped the administration would implement these measures and the schools could safel ....
Regulations members are required to leave their cameras on the entire time they are in an official proceeding, even if they step away from the camera. This is an entirely remote hearing and as such the Committee Ruling will be closed and members who choose to sit with their individual devices in the hearing room must wear headphones to avoid feedback echoes and distortion resulting for more than one person in the room on the Software Platform as has been reported by the committees. They also are excited to adhere to social distancing and safe healthcare guidelines including masks, gloves and wiping down their area both before and after their presence in the hearing room. While a roll call is not necessary to establish a quorum, whatever there is an official proceeding with low participation the clerk will call the roll to help make clear who is here at the start of the p ....