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Portfolios. And nba players boycotting basketball games following the Police Shooting of an unarmed black man in wisconsin. Were going to get the thoughts of one of the black speakers at the Republican National convention. Mark meadows and nancy pelosi scheduled to speak at 2 30 does any of this job news wake up congress . Ill ask senator Marsha Blackburn. Weve got a big show for you on making money. Charles its been a day of significant news that keeps really a positive tone to the overall market. First off, Federal Reserve chairman Jerome Powell announced significant changes to policy approach in part to really the goal he says is to truly create maximum employment that would help all americans. Meanw ....
He is going to the cdc. Well talk about the tornado response in a moment. The big Economic News out of the white house though is the shift in approach when it comes to the virus. Tell us about that. Indeed. It came from the top economic advisor. Every month he does these roundrobin interviews with all the financial networks. Kudlow wanted it to be absolutely Crystal Clear with anyone who would listen to him that right now the Trump Administration is considering some economic measures in response to the coronavirus. This is a bit of a 180 especially here. Kudlow also made it clear this wouldnt be some sort of big money dump to the tune of hundreds of billions of dollars. We are not looking at big expensive macro cash rebates, helicopter money from the sky that never works. We want to have this targeted in a timely fas ....
So the market likes that part of it. As i said, were waiting for President Trump. He is speaking with reporters right now. We should have play back of the comments any moment as we start the hour with blake burman on the president. Some of the comments, im looking at headlines around the building where youre standing, comments on taxes interesting. President as usual making a lot of news. Bring us up to speed. Reporter the president you remember yesterday, connell, he gave idea, would endorse the idea of indexing Capital Capital gains that would be a tax cut for the wealthy. Were hearing President Trump might not be supportive of it. On the south lawn as the president is leaving right now, he just told reporters quote im not looking to do indexing. It is perceived as somewhat elitist. He want tax cuts for middle class ....
This stretch of 71 south was shut down just after 3 am. When a wrong way driver caused a deadly accident. Two cars traveling 55 mph and they hit headon on the interstate its going to be a spectacular crash. This was the scene of that crash on i71 near the dana avenue exit. Police say the person responsible is 22yearold taryn chin. you need to attribute this shes accused of driving the wrong way on 71, while under the influence of alcohol. Lt. Bruce hoffbaur Cincinnati Police dept. I think an ordinary driver who wouldnt be impaired would quickly realize theyre in the road . . Place. But for chin it was too late. . . Thats a line typically used for someone who dies. Plus its out of context. Cut that line chins blood alcohol content was nearly two times the legal limit when she crashed headon into 47 yearold jose arenas car. The florence man, who worked at cintas, was headed home from his shift early this morning when he was kille ....