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I called to order this hearing of the Senate Budget committee. The hearing on Government Accountability offices annual report on the nations Fiscal Health. We will hear from nonpartisan watchdog on the Fiscal Health and importance of confronting our critical fiscal challenges. I welcome back mr. Dodaro who is the most usual and best witness providing information throughout the year that is extremely helpful to heading off some of the future crises that will happen if we do not Pay Attention. Thi...

Continues on a global scale. A worldwide their market, the 11 year bull run here is over. The dow is heading to the 22,000 level. A month ago it was 29,000. It is the fastest selloff in history. The s p will hit bear market territory at the open today, down 20 from the february high, the same story with the nasdaq. More money is still moving into safe treasury securities pushing the yield down to 0. 69 as of right now. The latest news on the virus brings its impact home to all of us. Sport drama...

This here of the Senate Budget committee. The hearing on Government Accountability offices annual report on the nations Fiscal Health. Today the Budget Committee will hear from congress is nonpartisan, watchdog on the nations Fiscal Health and the importance of confronting our critical fiscal challenges. I welcome back mr. Dara who is our most usual and best witness providing information throughout the year that is extremely helpful, hitting off some of the future crises that are going to happen...

Student loan debt and new york orders 100 of the states workforce to stay home except for essential sftss. California, illinois and United Kingdom asking residents to do the same moments from now, he runs the largest restaurant in the world. Mcdonalds ceo will join us for an exclusive interview to discuss the companys response to the coronavirus that live interview coming in just a few minutes lets focus on the big stories we are watch iing. Mike tracking the market moves in the final hour of tr...

10 year. Crude now below 30. And not emphasize enough how much pain that will be causing to producers. To get a sense of where we are in the market, if you switch of the board, you can see some of the heavy hitters within the market, like apple and microsoft, down 10 , 11 . Also seeing bank of america off by 16 . The index which tracks the s p is down by almost 10 . Again, a world of hurt within the next two and half hours. We have some breaking news. The boe is pledging further prompt action wh...

Democrats was a lot of them looked at the prospect of nominating Bernie Sanders, said you know what, thats a risk we dont want to take and they looked around and said, you know what, joe biden is the best alternative. We are going with him. Do you agree or not . I do. He had assist with that. It did help imthat you that folks like Pete Buttigieg and amy klobuchar. This is our guy, he has the best shot. The field is clear and he is the alternative to bernie. Paul so is that plausible to you, dan,...

They are maintaining well above it. 30 years were at 69 basis points last week. 137. Hey are at we are seeing some recovery perhaps in the treasury market, and that is good news. Alix but a lot of criticism has been the fact they didnt address the commercial papers market, exactly where the help is needed the most. What are the steps they can take to address that . Michael they could set up a special Lending Facility to buy directly. That may be coming. Jay powell was asked if there ree actions ...

Floor. Now yesterday, madam president , the World Health Organization declared covid19 a pandemic. Saying that it was deeply concerned by the alarming spread and severity and alarming levels of an action by the nations of the world. They o were deeply concerned abt fight the alarming levels of spreading of the severit the see alarming levels of action by the nations of the world. In my home state of new york, members of the National Guard have arrived to clean institutions and to deliver food to...

This here of the Senate Budget committee. The hearing on Government Accountability offices annual report on the nations Fiscal Health. Today the Budget Committee will hear from congress is nonpartisan, watchdog on the nations Fiscal Health and the importance of confronting our critical fiscal challenges. I welcome back mr. Dara who is our most usual and best witness providing information throughout the year that is extremely helpful, hitting off some of the future crises that are going to happen...

We are waiting to hear when lawmakers will return to work on that. They are in recess now subject to the call of the chair. Expect to find out where negotiations stand with nancy pelosi. She has scheduled a statement to reporters which is set to take place at 2 00 p. M. Eastern. We have live coverage on cspan. And with the ongoing coronavirus outbreak, lawmakers got an update yesterday on topics including the growing federal debt and the need to budget for emergency preparedness. The u. S. Compt...