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Transcripts For BLOOMBERG Bloomberg Technology 20240713

Walk us through the day. Romaine two things. First, it started with all eyes on washington, waiting to get that almost 2 trillion stimulus package. Summoning some encouraging some some encouraging signals from leaders that this was being worked out. Then we could potentially get a vote today in the senate. Then, it would go to the house. We had the president about effectively reopening the economy by easterday in the u. S. , less than three weeks away. A lot of people took that as an encouraging sign that Economic Activity would at least start to normalize. We saw the s p rally big time. The dow jones had its best day going back to 1933. I know none of us are old enough to remember what was going on in 1933. On that date we had the big rally in the dow, that was just two days after we had that first fireside chat from fdr and he sort of put some optimism back into the economy about what the government was going to do. We are seeing sort of shades of that here where the market is sort o

Transcripts For CSPAN2 U.S. Senate U.S. Senate 20240713

You uphold the universe by the words of your power. Today, walk with our senators as they work. Help them to remember that there is no purity without vigilance, no learning without study, and no mastery without discipline. Give them the wisdom to be willing to pay the price to honor you. Provide them with joy in service and devotion in discipleship. Infuse them with a spirit of power, love, and selfcontrol. We pray in your mighty name. Amen. The president pro tempore please join me in the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam president . The presiding officer the senator from iowa. Mr. Grassley one minute in morning business. An oped i penned recently mentioned countries that still has laws on the books and it touched the nerve in bangladesh. I certainly didnt mean to imply that it was the worst off

Transcripts For CSPAN U.S. Senate Sen. Schumer On Coronavirus 20240713

Talked about the impact coronavirus is having on the economy and the federal response to the outbreak. Sen. Schumer madam president , as the number of confirmed cases of coronavirus in the United States continues to grow, congress is taking swift action this week to provide our Health Experts, Hospital Health care providers, and state and local governments the funding they need. A bipartisan negotiation between negotiators in the house and senate is very close to an emergency funding bill that would provide between 7 billion in a billion dollars to respond to the coronavirus. This is close to the amount i thought was appropriate when i requested it last week, 8. 5 billion, and is more than four or five times what the administration requested. If we pushed them, they would have been totally inadequate to the crisis, as they have been in preparation and planning. The administration requested 2. 5 billion, which was half. Only half of that was new funding. The rest came from pulling it ou

Transcripts For CSPAN2 U.S. Senate Sen. Schumer On Coronavirus 20240713

Cases has recently surpassed 100 area as more americans weree tested in the days and weeks to come, the number is expected to increase. Just this morning, we learned a second new yorker in Westchester County has contracted the virus and is in serious condition in a new york hospital. Our prayers are with him and his family. This only underlines the urgent need to respond to the coronavirus on a national scale. Im Glad Congress is headed in that direction owes to announce an agreement on a bipartisan funding package to deal with the coronavirus it is expected to include between seven and 8 million of funding close to the eight. 5 billion that we sent that democrats requested last week in four or five times randing initially proposed by the administration. Thats good news when it comes to health and safety there is no reason to be penny wise and pound foolish if they encounter at omb unnecessarily cuts the money it will cost us more money in the long run. We need to have professional exp

Transcripts For CSPAN2 U.S. Senate Sen. Schumer On Coronavirus 20240713

Virus and is in currently in a new york hospital. Our prayers are with him and his family. This only underlines the need to respond to the coronavirus on a national scale. The only appropriate response in congress is to come together quickly and in a bipartisan fashion, deliver resources and authorities our federal agencies need to track and combat the virus, treat americans with the disease, and develop a vaccine and additional treatments. We also must aid the states and localities in their efforts to deal with the disease because they are on the front lines. Im glad that congress is headed in that direction. I expect that today appropriators will announce an agreement on an emergency response. The agreement is expected to include between 7 billion and 8 billion of funding, very close to the 8. 5 billion that we Senate Democrats requested last week, and over four or five times the amount of new funding initially proposed by the administration. Thats good news. When it comes to America

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