If you are unemployed or furloughed, 202 7488000. If you visited a food bank, 202 7488001 is the number. If you are behind on a housing payment, 202 7488002. All others this morning, 202 7488003. That is also the number you can send us a text this morning. Send a text, include your name and where you are from. Otherwise, catch up with us on social media. On facebook, it is facebook. Com cspan. You can start calling in and this first section of the washington journal. In in this first section of the wafted in journal. This week is said to be a crucial one. Now,rn to eric watson congressional reporter for bloomberg. Good morning to you. What is the status of negotiations . Did anything change over the weekend . Guest good morning, john. Yes, over the weekend, this gang of eight senators, for democrats and four republicans four democrats and four republicans, had a series of meetings to develop a text on their bipartisan proposal. A week ago, an at least in outline. At least an outline. T
The next 100 days. Tom the transition challenges are simple. He needs a single letter out of gsa and that has not happened yet. We will do with Greg Valliere a on this in a moment. There are still four states with under a 1 count, and that is really what matters around all the hoopla. Francine it certainly does. Lets get straight to the bloomberg first word news in new york city with ritika gupta. Biden is launching his transition effort while President Trump continues legal challenges over the election. The news media declared biden the winner of the president ial election on saturday. The former Vice President won or was leading in states that would give him more than 270 electoral votes needed for victory. Meanwhile, the president has falsely claimed victory whilst saying there was widespread in legal voting. He has not offered any evidence. President elect joe biden will take the first step to one of his Biggest Campaign promises today, to bring the Coronavirus Crisis under control
Everyone here is really waiting with baited breath on who the president of the United States is. We understand through the counting that joe biden could win it. It is razor thin, but we dont know for certain. The markets dont expect some kind of surprise, which is why they are stable and up. The other story is the bank of england, talking possibly about negative rates. Although, not for now. Guy johnson in the conversation with the governor talking about the Downside Risk. I think we have learned earlier this year with thoughts of covid, that we act both andkly and we do at clearly scale. We have a very substantial genocide risk on the forecast, and a lot of that relates to how covid itself will evolve. The bank ofernor of england. Extensive comments on this. Really important interview, mr. Johnson, with Nestor Bailey on the bank of england. I should note, sterling rallies nicely. Some of the headlines this morning are pretty shocking. Let me do a data check. Jonathan ferro just emaile
Steve scalise, nancy nancy maces Jeff Van Drew and louisiana senator, john kennedy. Futures starting on a mixed note. The dow industrials are down 120 points, the s p is also weaker by 3 and a quarter but the nasdaq is up a little bit of a rotation going on this morning, back into technology. The nasdaq up 50 o 50 points. This follows a mixed performance yesterday, investors rotating into the tech sector. Were standing by for key speeches from Federal Reserve officials later today. Well take a look at market moving words on rates and the economy. Pfizer and biontech 90 effectiveness report helping drive markets. What challenges do we expect before its rolled out of. Ill speak with the companys founder and ceo of biontech later this hour. Then, cruising into the future, one state is anticipating a future filled with flying cars and its making a buzz this morning. Mornings with maria is live right now. I just cant get you out of my head. Boy, your loving is all i think about. I just cant
Structure already. Interesting to see if those that dont, end up following. Fit management style. Embraced the model. Challengeent, the these banks are trying to figure out is whether or not trading revenue, so pivotal now, will sustain. At the moment, it is balancing the leisure. That is the challenge. Does it continue . If it does not tom total fixation in america. Derby, a consortium of people at work. Johnson johnson, their heritage in new jersey. Faceeaconess in boston, read covid19 vaccine trial moving forward, september. Clearly good news along one path of the virus. Very detailed note, published in nature this morning. Futures 28 even with that Johnson Johnson list. City. Word news, new york ritika good morning. Negotiations resumed today on a compromised relief plan, the administration and Congressional Democrats nowhere close to agreement. They are under pressure because millions of americans lose Unemployment Insurance this week. For aeadows is looking stopgap measure that w