Election 1976, a look towards the conventions. Your host is political analyst richards gammon. Richard this is Richard Scammon. With me here in our studios in washington, stephen hess of the brookings institution. This morning we are going to try and talk with you about the end of the primary season. The beginning of the preconvention caucus and maneuver and discussion and trying to get together various factions of the groups each to produce a candidate for Vice President in the fall. Backpose, when one looks at the primary season that began in february, closed on june 8 in california. As one looks back. There are two things that stand out. Jimmy carter, and the closeness of the Republican Campaign for the nomination. Steve, how would you evaluate this phenomenon. Heres governor of a middle sized state in the south and pretty well a sword of nomination as the first southerner since the civil war. How did he do it . Stephen it is a phenomenon, an incredible performance for who is that u
The s p and nasdaq hitting record highs were waiting minutes from the last Federal Reserve meeting which could be coming any second now. Apple hitting 2 trillion in total market value thats a double in just two years. Its phasing major risks to the bottom line. We will explain what those are as apple goes up unlike other big bock retailers, the stock is surging as you see right there. Power lunch begins right now welcome. Im kelly evans, as we await the minutes from the fed, its the financials lading the way. Take a look at these top performers, airlines, cruise ships powering high, modest gains, but also inindividually is trading near its alltime highs. Its doubled this year and is reporting earnings after the bell today well have more on nvidias monster run. Ty fed minutes just released Rick Santelli is looking at the headlines. Hey, rick. Indeed, one of the big issues was the way the Federal Reserve was going to tweak the way it looks at inflation, various policysetting tools they h
Election 1976, a look toward the conventions. Your host is political analyst Richard Scammon. Richard this is Richard Scammon. With me here in our studios in washington, stephen hess of the brookings institution. This morning we are going to try and talk with you about the end of the primary season. The beginning of the preconvention caucus and maneuver and discussion and trying to get together various factions to produce a candidate for president and Vice President in the fall. I suppose really when one looks back on this primary season that newn back in february in hampshire, closed down in california and ohio and new jersey, as one looks back, there are two things really that stand out. The first is the rise of jimmy carter. The second, the closeness of the Republican Campaign for the nomination. Steve, how would you evaluate this carter phenomenon . Here is a man who was governor of a middle size state in the south. Pretty well assured the nomination, pretty well assured the nomina
The committee will attempt to order. We are already having some technical problems. There we go. Thank you. Before i begin my Opening Statement this morning, i want to acknowledge the loss of congressman john lewis. The civil rights icon changed history. In 2015, i was honored to be among those who joined him in selma to commemorate the 50th anniversary of the bloody sunday march 2011. I send my deepest condolences to his family and loved ones. Todays hearing comes at a time when our nation is experiencing confluence of the Health Crisis economic depression series of killings laid bare the racial injustices in our country. Our focus today is on covid19 disproportionate impact on black and latino seniors as well as seniors from other racial and ethnic minority movies. According to the New York Times analysis black and latino residents are infected with the virus at three times the rate of their white neighbors and they are nearly twice as likely to die from covid19. The state of maine h
Offshore areas. Secondly, we will explore how that is distributed and shared with state, local, and tribal governments. Then we will hear testimonies that will both revenue sharing from onshore renewable and onshore developments. Both bills under consideration are sponsored by members of this committee. Senator cassidy, introducing in s14 the coastal act, and senator mcsally, introducing the energy reproducing act. Thank you for introducing legislation that would bring revenuesharing for coastal producing states into parity with onshore development. Congress lay the foundation for offshore revenuesharing through the passage of the gulf of Mexico Energy security act in 2006. At that time the bill did not include alaska. The coastal act that we are considering now would establish a revenuesharing program that would include alaska and, at the current time, our offshore production is pretty minimal and therefore any returns to the state are equally minimal. It is important to address this