Maintain normal Monetary Policy for as long as possible and fixing will be key. President trump wants to return to the campaign trail as his doctors say he is not a transmission risk. The u. S. And europe are not on the list for easing curbs. Haidi markets coming online for the start of the brandnew trading week. Lets go to sophie kamaruddin. After inome enthusiasm cap the best week since april. Australia posted record shipments when it comes to iron ore, putting some down pressure on the commodity. Gold holding about 1900 per ounce, after its second weekly gain. 2300 for bullion, early 2021. The aussie dollar under pressure. It had fallen by 4 . 4 . The offshore yuan on the retreat. Looking forward to the fix to see if that will add more weakness on the offshore yuan. Futures, nikkei Futures Holding steady while the 106,s trading around testing the 65 day line. Todays south korean markets come back online after the long weekend. We have korean trade data later today. Won trading korea
Obviously is being held remotely. All members and witnesses will participate Via Videoconferencing as part of our hearing microphones will be set on mute to eliminate background noise. Members and witnesses, youre going to have to unmute your microphone each time you wish to speak. So i just say that as a reminder and as a little housekeeping issue, but please remember to do that. Documents for the record can be sent to megan mullen at the email address we provided to your staff. All documents will be entered into the record at the conclusion of the hearing. The chair now recognizes herself for five minutes for an Opening Statement. Lets see, where is the clock on the screen . There it is, okay. In any given year, one in five adults experience a Mental Illness such as depression, anxiety, or bipolar disorder. But 2020 has been a year like no other. In a recent poll, half of adults report that their Mental Health has been negatively impacted due to the coronavirus. One can only imagine
Lift. But i do not buy it for a minute. Jonathan it is tricky. You have to be vigilant about the downside risk, but you do not want to boost the euro. That is the fine road it she has to travel down. Tom tom what is so important is all the conversations we have had is they talk about 1. 30. We are are at 1. 18 and talking about this, things have changed in a month. Saw 1. 2 zero last week, gets it done. They will say, we do not target inflation or fx, but rather inflation, but the fx shadow hits are inflation objective. It is like being a kid when your mom shouts up the stairs and uses your full name, you know you are in trouble. If they hear that from Christine Lagarde, that is it. Are you long the euro . Maybe you shouldnt be. Tom there are other distractions. No you will do a data checki know you will do a data check as well. We are riveted by premier league opening this weekend, Lisa Abramowicz is a study. Lisa yes. Jonathan she might have chosen a team. Rumor has it. Lisa i will n
And make sure that they get exactly what they need. The chair would like to recognize the gentleman from oregon, mister schrader. Is he available . Not seeing or hearing him. The chair recognizes Mister Kennedy. Mister kennedy available . Not in his chair. Then the chair will recognize thegentleman from New Hampshire , miss custer or five minutes of questions. You need to unmute. You. Thank you very much. Thank you madam chair. I appreciate this hearing and i appreciate the opportunity to address you on this important issue. Here in New Hampshire weve had a dramatic increase. Depression, anxiety, trauma and grief as a result of covid and we are struggling as well with changes to the Economic Impact on our Healthcare Providers particularly Mental Health providers. 83 percent of small and large groups Substance Abuse providers have described what is a Financial Hardship as a result of covid and 48 percent of those providers have had to cancel income generating events while 74 percent hav
Around the globe, nearly 200 vaccine candidates are being developed and nearly 20 have entered human. Clinical trials in the United States. Entered human Clinical Trials with large Clinical Trials to begin late this month. With the historic, all hands on deck effort underway around the globe come of the timeline to develop a vaccine may be compressed from several years now to just 12 or 18 months. Moving with this amazing speed does not and must not allow for cutting any corners. Today, we will hear how we must place trust in the fdas [audio drop] to produce a vaccine. We in Congress Must do our part to protect their work from political meddling so that they can uphold their professions utmost standards of scientific analysis and ethics. We are not here today [audio drop] not politicians. I want to highlight two guardrails that protect the integrity of Vaccine Development and will ensure the safety and efficacy of a covid19 vaccine. First, the most important hurdle for a vaccine to be