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July 16, 2024
Sb Committee Comes to order. Good afternoon. And welcome to our witnesses and audience members. Let me thank you all of you, for coming, and for participating in this subcommittee hearing. Right here. I think were all pretty familiar with this new virtual setting. But because this is our First Virtual hearing of this subcommittee, i want to take a moment to provide members with a few reminders before we begin. We will proceed in the same fashion as this committee always has. We will begin with O...
July 16, 2024
A significant chunk well into the millions, i dont want to give you a number because its going to be a guest but well into the millions. People who dont get to go back to their old job and in fact there may not be a job in the industry for them for some time, there eventually will be but there could be some years before we get back to those people finding jobs. Maria joining me now to talk about the economy and how to invest is a professor of finance of the school of university of pennsylvania j...
July 16, 2024
Good morning Lindsey Graham good morning everybody. Thank you very much for attending the hearing and im sure we will have more come in throughout the morning. We have four witnesses. Nito. Raig carpe ournal. The assistant director of criminal investigative division. Fbi. Assistant director of the office of investigations of the lighted states secret service. So we talked about this before. Fraud related to the cares act. Scams out there against seniors selling masks the does work. Playing on yo...
July 16, 2024
This morning. Markets are pointing to higher opening this morning. Possibility of more stimulus of holiday shorten week, this after Third Quarter kicks off with mixed day yesterday, nasdaq with 12th record close of the year. 95 points at 4 00 oclock on wall street yesterday. Meanwhile more stimulus ahead. President trump telling fox business he supports additional money going directly into americans pockets, hes looking to add incentives to get people to back to work. Warning of market crash of ...
July 16, 2024
Pres. Trump thank you very much, everybody. This is mostly an economic conference. We have Steve Mnuchin with us, larry kudlow. News d like to anouns the for the american country, theres not been anything like this record setting, just put out that the United States economy added almost five million jobs in the month of june, shattering all expectations. I was watching this morning, the expectations were much lower than that. The stock market is doing extremely well which means to me jobs. This ...
July 16, 2024
Left in the session. Yeah. And, of course, it is that holiday shortened trading week so were watching this closely coming up on the show tesla shares surging up another 8 on the day. Tripled in the last six months were going to break down that move with former ford ceo mark fields and the Treasury Department says it has finalized terms of new loans to major American Airlines well speak with the ceo of Hawaiian Airlines in few minutes as well. Lets focus in on the big stories were watching in gen...
July 16, 2024
In one of my earliest conversation with him i said who among your or my colleagues should we go about trying to get involved . And he gave us three names, and two of those three names are joni ernst and ron johnson. We are grateful, but i also want you, your honor the legacy of dr. Coburn on your participation today. Joni, senator ernst, but start with you. Open comments. Senator johnson will then go to you and opened up for questions if this time are many. Thanks for joining us. [inaudible] a g...
July 16, 2024
That is boeing. Today, there will be a test flight for the max jet. It will be put through its paces with all kinds of maneuvers. The results, recorded. This is part of the recertification process. The stock is up 5. 5 . Watch this stock, too. Facebook. The list of companies which will no longer advertise on it is growing. They want founder Mark Zuckerberg to weed out what they call racist or threatening or misleading advertising. That stock is down bigtime, seven bucks. How about this. Politico...
July 16, 2024
Governor andrew cuomo ultimately calls the shots. Looks like that could be pushed back. Governor cuomo speaking to the press, noted a lost spikes in cases happen particularly in states that opened up Indoor Dining too soon. No way to verify that. The fact he wants to be cautious about that at same time he is ripping federal government response on all of this, is obviously going to get a response from president of the United States either with a tweet or something, later on. He has full throttle ...
July 16, 2024
[background sounds]. Good morning everybody. Acute very much for attending the hearing and im sure will have more command throughout the morning. Mr. Craig carbonated was that right. Yes attorney the district of new jersey. Associate deputy journal. The assistant director of criminal investigative division. Fbi. Assistant director of the office of investigations of the lighted states secret service. So we talked about this before. Fraud related to the cares act. Scams out there against seniors s...