Disabled people, next year we will publish our National Strategy for disabled people which will be most ambitious intervention in this area putting fairness at the heart of the government and leveling up so everybody has the opportunity to participate in the life of this country. I know the whole house will want to join me in welcoming fantastic news the nhra authorize the fisa pfizer vaccine, to be made available across the uk for next week and i would pay tribute to all those who made this possible, the protection of vaccines will ultimately allow us to reclaim our lives and get our economy moving again. This morning i have met with ministerial colleagues and others and have further such meetings later. I would like to share congratulations with the Prime Minister on the creation of this new vaccine and give congratulations to engineers, technicians and scientists, i believe we should support the widest distribution of safe and effective medicines but does my right honorable friend a
Does he have the ability to do this, do you agree with the decision . Sen. Schumer i agree with the decision and i know that he will check things out legally. Thank you, everybody. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] a we take you live to discussion on fiscal policy in the Incoming Biden Administration and congress, hosted by the brookings institution. Size i think is ambiguous and policy occur through a political process. I would rather see something that is a little bit smaller but that could pass this week or next week, rather than wait for something that is a little bit until, but will not pass february. If you look at the output gap, i think a trillion dollars is a reasonable figure for the next round of stimulus. I think democrats should be willing to take a couple hundred billion dollars less than that. Republicans should be willing to take a couple hundred billion dollars more
With the cares act in march and prevented the covid pandemic from doing even more harm to the economy and welfare of americans than it did. The cares act is essentially been spent, many people are about to lose benefits. Unless Congress Acts. And unless Congress Acts fiscal policy soon will be a drag on growth. They are still more than 11 Million People still unemployed by the official count. Most economists and certainly those gathered here today agree more fiscal support is necessary. Following that discussion, we turn to an issue predating the pandemic him one that persists. How to think about the federal debt and very low Interest Rates. Its growing and unsustainable rate. There is sentiment among comp economists for doing anything about that right now. When is a debate about how and how best to address that Going Forward. Had to balance the risk and cost. And too little Public Investment. We look at that issue with the paper posted on our website. By two veterans of economic polic
116. Now the nasdaq is down 335. Another part of the problem is that its the first of the month. The rent is due for shuttered businesses both big and small across the nation. The ceo of the International Council of Shopping Centers, the landlords, is here in a fox business exclusive. We will ask are the checks coming in and if not, whats the plan . Evictions, waivers . We will find out. Plus, the unintended consequences of working and learning at home. Zoom bombing, have you heard about this . Its like a photo bomb on Video Conferences from complete strangers who are hacking and weaseling their way in. Some are funny, some are downright criminal. Coming up, the company that allows everyone to sign checks and documents remotely has all employees working at home. The ceo of docusign on balancing that challenge with its skyrocketing business and stock price, up 70 year over year. Remember last week countdown was the first to tell you how 3d systems was converting its 3d printed scuba mas
Year this all has been happening as treasury yields started to pick up yesterday that kicked off the concerns the twoyear treasury yesterday topping 2. 16 . That was the highest level since september 8, 2008. You can see the twoyear this morning, yields have come back down a bit 2. 108 the tenyear is where the focus was yesterday. The yield there nearing 2. 73 . That yield backed off a bit, too. We will see the last meeting of fed chair janet yellen today at the fomc nice stories about janet yellen today the finale here as jay powell gets ready to begin february 1st. Some big stories were watching this morning jpmorgan saying that jamie dimon will stay in his role for about five more years. That time frame could suggest hes not planning on running for Political Office which has been speculated about for some time we talked to him about that last week in davos on this show the bank is promoting daniel pinto and gordon smith to copresident s and coos pinto oversees Corporate Investment b