If you are unemployed or furloughed, 202 7488000. If you visited a food bank, 202 7488001 is the number. If you are behind on a housing payment, 202 7488002. All others this morning, 202 7488003. That is also the number you can send us a text this morning. Send a text, include your name and where you are from. Otherwise, catch up with us on social media. On facebook, it is facebook. Com cspan. You can start calling in and this first section of the washington journal. In in this first section of the wafted in journal. This week is said to be a crucial one. Now,rn to eric watson congressional reporter for bloomberg. Good morning to you. What is the status of negotiations . Did anything change over the weekend . Guest good morning, john. Yes, over the weekend, this gang of eight senators, for democrats and four republicans four democrats and four republicans, had a series of meetings to develop a text on their bipartisan proposal. A week ago, an at least in outline. At least an outline. T
Drop sharp criticism from some, especially the former especially her Inspector General for tart. He has a terrible idea that has been circulating among officials in washington the past few weeks. Declaredsentially Mission Accomplished for programs that have attributed to the recovery so far allowed them to expire at the end of the year. Join us is a partner. Lets take the other side. What if its true . Lets take the money and bring it back to congress and reallocated for Small Business. Thanks for having me on. There are couple of problems with that. This is a backstop. The whole point of these programs was to be available in case things get bad again. Ofare seeing this tsunami virus sweeping across the country and the shutdowns are following it, this is exactly the worst time imaginable to pull the plug on these programs which were so important to stability across the country. The idea this is going to be repurposed for Small Business is nonsense. The bottom line is its going to requi
Nation, be the ramifications are worldwide with the first votes in the two towns of Dixville Notch and mills field, New Hampshire, and then on to the polling occurring right now. With that is information flow, and jon ferro, weve got to bring it right up to the moment. One of the candidates in on his favorite network. Mr. Trump saying he will only declare victory if there is one. I guess that is a change. Jonathan the president adding he think she is winning in texas, florida, and pennsylvania. It might be a little bit of a change, but it is subtle. I dont think the president was ever going to say that he would call the election result if there wasnt one. That wouldnt really make sense. But it does speak to the tension that is coming into this election day in the United States of america. Really absolutely massive area of division between these two candidates at large and the company is split, but the interesting split for many of us looking at this play out is between the early voting
The question to come is one next the economic crisis . Dear i say, when next the markets . There was a broad selloff. Major groups losing 2 acrosstheboard. Technology having one of its worst performing days. Now there is no stimulus inside and the u. S. Election is on our doorstep, investors are in a riskoff mode. What would help . Spending. Ays fiscal bill dudley weighed in on that too, saying the fed needs to help the economy. Joe, there is definitely some riskoff sentiment. Joe absolutely. Obviously we have known for a little while that stimulus in the shortterm is the gone. Is gone. And the virus is really catching peoples attention here. This is a great chart. 97 of the s p 500 constituents falling today. That is more than some of the really ugly days we saw in march. We had a few days like this in june and also august. Nonetheless, there was no place hide. As you mentioned, all the major subsectors fell over 2 today. Romaine all right, lets bring in some upon zach, Bloomberg Cros
Hour, likely to confirm thirdquarter results that beat forecasts. The first since the patriarch. It may losewarning Legal Protection over user content. Lawmakers accuse platforms of abusing their power for political speech as the election nears. First, lets get you started with a quick check of the markets. Sophie kamaruddin in hong kong. Sophie after the steep losses we saw for u. S. And european stocks, we are looking for a downside move here in asia with earnings also in focus and we have u. S. Futures edging higher early in this session. We do have aussie shares under pressure, off by. 4 this morning. This after the tech lead rebound we saw wednesday looking shortlived. And set under pressure, falling 3 after recording a 42 slump in profit. Those results coming in line with analyst estimates. Check out the aussie dollar holding about 70 but trading near a nine day. It could be in the making the next few days. Metzler about the board to check in on some other assets in focus. We are