1. 9 trillion. Thats what the democrats want in the covid Stimulus Measure. Its more than double being planned on the party of republicans that want to leave out some things like the hike in the minimum wage and help to cities and states that now have a lot of people wondering, all right, how is this going to eventually get done . We know as well that talks have been going on behind the scenes to get a couple of republicans on board. The president of the United States says he has that does explain why theyre sticking to that 1. 9 trillion number. Were going to explore that. Separately republicans are meeting to discuss what will happen to liz cheney as far as her future leadership in congress and Marjorie Taylor green and the Conspiracy Theorys that couldnt land her out of some Committee Assignments that shes had. So lets get to this right now with the Stimulus Measure and where things stand at this point. The 1. 9 trillion figure you heard about. David spunt with more. Good afternoon.
Neighborhood . You can see the winds on the ferry building. The flags unfurled because of the winds. Waking up mild this morning. We knew this would be the wildest morning. Upper 50s to mid 60s at 7 00. It will warm quickly at noon, 70 at the coast, 80 elsewhere, then the breeze kicks in. We stop in the upper 60s at the coast, low to upper 80s just about everywhere else. Back to the 60s and 70s by 7 00. Its almost here. We will turn it over to frances and talk about that morning commute. Were tracking this accident in vallejo on eastbound 780 gle glen cove. A lot of cars off to the righthand side. One of the cars took out some guardrail. Traffic is a little bit read. Well keep an eye on that. Northbound 101 in sunnyvale has been jammed about 11minute delays, some road work at fair oaks. Maybe take city streets or 280. Heres a live shot of 680 in walnut creek. We had a lot of slowing earlier. There was some road work, it also looks like there was report of an accident earlier. Southboun
Wall street Global Economy editor Jon Hilsenrath. Great to see you guys. We have a lot coming up. James carafano. Mohamed on the economy and markets, former pennsylvania governor on 2020 race and policy director Peter Navarro joins us talking trade, markets and the fed, dont miss a moment of it, big 3 hours, markets have a firmer tone, mix trading dayiest, we are waiting on crucial speech this morning from Federal Reserve jay powell, the central bank chief addressing commentary policy and future rate cuts, we have Jon Hilsenrath to tell us what youre expecting, jon. Jon itll be hard for powell to go on a limb, theres a lot of Division Within the fed itself. We talk about the pressure that powell is under from President Trump. President trump wants him to cut rates, theres some he is attendance as we reported earlier this week about half of the Regional Bank president s, one eager to move rates down at the last meeting, powell has to set the table carefully. You had exclusive and fantas
Welcome. Pessimism on a trade breakthrough as the president said hes not ready to make a deal yet huawei tensions heat up. Treasury yields, the dollar slipped as investors are still seeking out safety and government bonds to close out the week joining us for the hour Margaret Duran is back from bda capital partner. So its been a stomachchurning week how are you feeling about the market now thats right. Particularly down 700 points on monday i have to say i stepped in and bought on tuesday. Were going to see more volatility but in a trading range. I think the tariffs we needed a trigger after the run up in the first half and the tariffs when you look at 10 its not helpful. Well slow down growth in different areas but in terms of our 21 trillion economy, its not that big a hit. What kind of stocks were yo beau i think my usual suspects mastercard, costco, amazon, and orphan stock i got shopify which ill talk about later. Lulu for the first time no. I just added that. Oh, okay. All right.
Of exercises began with practical testing of the preparation and use of Nonstrategic Nuclear weapons. As the ministry of defense said, the exercises are taking place in accordance with instructions president. As part of this stage, the personnel of the missile formations are practicing combat training tasks to obtain special ammunition for the iskander operationaltactical missile system. Equipping them with covertly advanced launch vehicles to the designated positional position. Well, as the Russian Ministry of defense previously reported, the purpose of the exercise is to support the readiness of personnel and equipment, units of combat use of Nonstrategic Nuclear weapons for response and unconditional. Vladimir putin gave on may 6. Exercises using strategic Nuclear Weapons will take place in three stages. On the second, the armed forces of belarus join. And now about the progress of the special operation. Units of the north group continue to advance into the depths of the defense of