Overnight President Biden calling Governor Abbott telling him he will in his words work relentlessly to get his state what they need. Were also learning from texas Energy Officials that the entire power grid was seconds and minutes away from a catastrophic failure that could have left the state in the dark for months. Were asking a texas congressman about that in a moment. Plus, cruz Damage Control. The senator back in texas this morning with backlash building after he flew to cancun with his family while millions of his constituents shivered in the dark. We shouldnt have had to be without lights. I know its freezing, but somebody is responsible for this. Youve got people dying out here. Youve got hypothermia, dying. You know . Peoples houses all busted up because of water and the pipes that busted. Im surprised mine didnt bust. Lady behind me hers busted. And breaking this morning Capitol Police confirming dozens of officers are now under investigation, six suspended, with questions a
Into the record at the conclusion of the hearing. Im going to start by recognizing myself for five minutes before an opening statement. As i said, today, we begin the process of rebuilding and revitalizing our economy by modernizing our nations infrastructure. Over the last year, we have seen the devastating results of in action. Communities left behind due to the Digital Divide. The lift america act which was introduced last week, will help build back a better economy and invest a total of 312 million in clean and efficient energy, safe Drinking Water, expanded access to broadband. This legislation will serve as the blueprint moving forward and it provides an opportunity to Work Together in a bipartisan fashion. Im hopeful we can Work Together to try to find bipartisan solutions. I said this to our Ranking Member, this is a beginning. We introduced this as democrats, but we would like to have republican input into this before anything moves forward. There are a lot of bipartisan provi
Struggling. Its been a hard week, a hard year and theyll have to deal with another round of wintry weather. Texas in crisis. Hundreds of thousands of residents still without power and heat after days of brutal cold temperatures. Im nervous. Im nervous. I dont know whats going to happen. Our house is 32 degrees inside. Were wrd about the pipes. Reporter residents documenting the damage. Some posting photos on social media of frozen pipes bursting. Sending water and ice into their homes. We have no firewood left and we started using things in the house to keep the fire going. And seeing my two sleeping babies under a bunch of blankets in front of the fireplace that was slowly going out was heartbreaking. Reporter many are seeking refuge wherever they can. Including Warming Centers or furniture stores. You can freeze in the middle of the night. We had to find some place to go. Reporter some even sleeping in their cars to stay warm. Its not like sleeping in your own bed. But we were warm.
Have a small declines for both small cap and energy and some of those other cyclical sectors. Taking a bit of a break today. Maybe we earned a bit of calm after the storm. Thank you for the update. Affordable care act really got attention yesterday. First, in the challenge to it in the Supreme Court of the united and then from president elect biden who said hed improve, not replace, obamacare. President elect biden well ease headquarter on you and your family. I promise you that. As i said, ill protect your protect it like i like its my own family. Weve been unfortunately consumers weve been significant consumers of headquarter. That starts on building on the Affordable Care act. A dramatic expansion of headquarter coverage and steps to lower headquarter costs. David we welcome one of the arc Affordable Care act, jonathan gruber, professor technical nd assistant to the Obama Administration helping draft the legislation what became the Affordable Care act. Professor, thanks for being wi
Weakness. We had massive Dollar Strength in the last few weeks, given the funding issues, and everyone just wanted hands on dollars. The fact that that is easing a little bit could give us some hope that may the funding issues have worked themselves out. What is not working out is big tex. I was innto this year, san francisco. You had rbc saying google, facebook, top calls for the year on ad spending. It was an election year, the olympics, it was all going to be a huge advertising year. As we know, the olympics were delayed. Facebook coming out and saying they are seeing a big uptick in usage of whatsapp. The demand for news is there, yet it is not translating into ad sales. The first thing you cut when things are tough is discretionary spending, so firms are starting to pull back on some of that advertising revenue. That is why youre getting at uptick in usage, but it is not translating into sales. I wouldnt be shocked if we got a lot of analysts revising after the olympics are delaye