As timing who gets it and when, that is all still to be decided. There is a bit of a protocal for this. Well get into that with a prominent doctor as well. The left and right view on this battle, but first to blake burman on this latest news and this efficacy rate which was higher than both companies originally said, right . Reporter exactly, neil. We knew this Pfizer Vaccine candidate was effective. Pfizer though reiterating that today, in fact raising the effective rate on their covid19 vaccine candidate but just as important pfizer today also reported that they believe their vaccine candidate is safe which is why they say they are going to be applying for the eua. That is the emergency use authorization that the fda gives out. They will apply for that in the coming days. Here is what pfizer said earlier today as part of their news release they put out this morning. To date the Data Monitoring Committee for the study has not reported any serious safety concerns related to the vaccine
Lawmakers will be working on a bill to temporarily extend government funding through december 11th. Current funding runs out tonight at midnight eastern. We accept the final passage later today. Senators also starting to consider Donald Trumps Supreme Court nominee, amy barrett. We expect lots of debate on the nomination as well. Now live to the senate floor on cspan2. Almighty god, we praise you with our whole hearts. We refuse to forget how you have led our nation in the past and trust you to guard our future. Lord, encourage our lawmakers to be a part of your solutions and not a part of the problems that confront our land. Give them the courage to carry on, knowing that nothing is too difficult for your sovereign might. May the light of your truth illumine their way, as they find in you a sure guide. Help them to commit their lives to goals that will cause justice to roll down like waters and righteousness like a mighty stream. We pray in your sacred name, amen. The president pro te
Bill without objection, the motion to reconsider is laid on the table. Mr. Collins a recorded vote. The speaker pro tempore for what purpose does the gentleman from georgia rise . Mr. Collins i ask for a recorded vote. The speaker pro tempore a recorded vote is requested. All those in favor of taking this vote by the yeas and nays will rise and remain standing until counted. A sufficient number having isen, recorded vote is ordered. Members will record their votes by electronic device. This will be a fiveminute vote. [captioning made possible by the national captioning institute, inc. , in cooperation with the United States house of representatives. Any use of the closedcaptioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u. S. House of representatives. ] the speaker pro tempore on this vote the yeas are 260, the nays are 165. Ith one answering present. The bill is passed. Without objection, the motion to reconsider is laid on
And less cash in home buying and lender underwriting. Weve talked a lot about some loosening in the market. More adjustable rate loans and even interestonly loans coming back. Freddie mac made some changes when it comes to student low debt as well. That should give branks and nonbank lenders a boost in earnings for the year. We actually have more housing data out today. Mortgage makeses edging up ever so slightly 0. 1 last week but existing home sales, thats where i really want to focus in on because they came in quite strong. Right . Yes, mandy. Were seeing healthier sales in june. Prices, not so much. Sales gained a larger than expected 3. 2 in june for the month, up 9. 6 for the year. Thats the strongest monthly pace in over eight years. But they came at a very high price. The median existing home price hit 236,400. Thats the highest ever. It is due to tight supply up less than half a percentage point from a year ago, just 2. 3 million homes for sale. It is also due to more expensiv
Since before the financial crisis. The National Association of realtors says sales rose 3. 2 in june helped by steady job growth and an improving economy. That report helped send shares of Home Builders higher even as the Broader Market fell today. And while it may seem like the housing recovery is firing on all cylinders, diana tells us there is something not quite right. Reporter the number for the Spring Market are in and strong. Home sale rose more than 3 for may and are now up nearly 10 for the year. Thats the highest monthly pace in over three years but the sales came at a high price. The median existing home price hit 236,400. The highest ever. Thats due to tight supply barely up at all from a year ago. At some point, there will be a choking point with prices rising and we are facing a rising interest rate. That hurts availability. So we may see buyers being chopped off. Not because of the lack of desire to buy a home but the price increase is preventing many people being able t