Forced labor disclosure act of 2020. Important legislation introduced by representative wexton, a valued member of the committee on Financial Services. Group urs are a muslim and are one of a member of muslim groups that are persecuted, arbitrarily arrested, detained in forced labor concentration camps and even executed. It has been reported by human rights advocates that over one Million People are being held by the Chinese Government in detention camps across the uighur autonomous region. The government of the peoples republic of china falsely refers to these concentration camps as vocational camps or reeducation camps. Make no mistake, the truth is that today in 2020 one million human beings are being held in concentration tramp camps where they are beaten, starves and starved and forced to work long hours in conditions that can only be described as inhumane. Their relatives often have no idea where they are or whether they are alive. They are dying each day due to the cruelty of th
Uighur muslims. Also today possible work on a covid19 aid bill. Live house coverage here on cspan. The speaker the house will be in order. The prayer will be offered by our chaplain, father conroy. Chaplain conroy let us pray. God of the universe, father to us all, we give you thanks forgiving us another day for giving us another day. During these days, these few days before the house breaks for the final weeks of the campaign, send us your spirit of peace. Inspire the members to complete their charge, to promote the common good of our nation. Comfort those who continue to suffer from the coronavirus and protect those who labor still to treat the disease and bring an effective vaccine to the world. May all that is done this day be for your greater honor and glory. Men. The speaker pursuant to section 4 of House Resolution 967, the journal of the last days proceedings is approved. The pledge of allegiance will be led by the gentleman from virginia, mr. Cline. Mr. Cline i pledge allegian
Were in westchester, pennsylvania. The expectation this will be biden country. Not far from home in delaware. The focus is Kamala Harris as she gets ready to take stage in the Democratic National convention. Well talk about this state important overall, this area is so pivotal for the hopes of the democrats. In moments i will speak with Everyday Americans and Business Owners. Stay tuned for that. Well get their perspective which is why we are here. First our top stories, fox Business Team coverage set up with gerri willis on the markets and blake burman at the white house. Gerri, we start with you. Reporter thats right. Not as exciting of a day as we had yesterday thats for sure. All three major averages finishing lower taking a breath. All three stock averages down after a big day yesterday. The big stocks driving the dow down, target and lowes hit alltime highs on blowout earnings. Target having an incredible quarter, online and stores open at least a year up 24. 3 . Alltime high. As
Bad session like we saw in the u. S. , snapping out of gains. New york futures are slightly higher. The dollar is stronger. We saw quite a bit of steepening in the Treasury Curve. Youre seeing the threeyear at around 24 basis points. We did see the spike in yields, slightly off that now in the Asian Session after the treasury unexpectedly announced that refounding announcement. Boosting that issuance on the long end of the 10 year and 20 year with the auction so markets are bracing for that surge in supplies. Were also watching currencies, remedy still very much in focus here today. The message the last couple of days has been calm down, we have slightly stronger fixings here. Were seeing the renminbi slightly down. We are continuing the rally of brent crude, slightly higher by half of one percent, just below 30 bucks for brent. Looking ahead to the data now. China set to rae release trade figures later today. Exports likely dropped 11 from a year earlier compared with a 6 decline in m
Thank you all for being here today. m going to go out of order, thank you, mr. Chairman, for holding this important hearing. I first want to get on the record and thank our subject matter experts. Experts. If theres anything we legislative leaders ought to be doing an more broadly our government leaders, its listening to Public Health experts. Thank you so much and the experts in some of these discrete areas that will be impacted by the coronavirus. I regret that in minutes i have another meeting that pertains to this important topic. I just want to publicly express my intention to submit for the record some important questions i have for you related to the increasingly integrated supply chains that we now have between various enterprises and i guess this is this situation will create certain vulnerabilities uring times of what is now a pandemic. I have some questions related to supply Chain Mapping that im hoping someone will be prepared to answer and lastly, our reliance on foreignma