Barrett to the Supreme Court, with National Turn it National Journal Senate Reporter. Maryellen klaas, and then Michael Binder. Journal is next. With eight days to go until election day 2020, congas begins with a stalemate over Economic Relief and a response to the coronavirus pandemic and the nomination of Amy Coney Barrett to the support. The senate has a rare weekend session to move forward on the nomination and democrats are holding the senate in session through tonight, into this morning. You can see live pictures of the senate floor right now. Heres how we are dividing the lines. Republicans, 202 7488001. Democrats, 202 7488000. Ndependents, 202 7488002 you can join the conversation by texting with your first name, city and state, at 202 7488003, or go to twitter, or facebook. Com cspan. Has covid19 impacted your vote . If it hasnt, we want to hear from you as well. What is impacting your vote and if the pandemic impacts your vote, we want to know why. Why has it motivated you to
Companies preparing for less than historic times. Cocacola and gm announcing thousands of job cuts. Isnwhile, capital one cutting borrowing limits on credit cards. This is coming just as stimulus money is running out and people need loans the most. Romaine interesting that they would take this action. The credit market dropped pretty dramatically prior to covid19. The number of credit card loans outstanding on a household basis dropped in the first quarter. It accelerated in the second quarter. That was the sharpest drop on record. I guess the question is what caused that. People were shopping and traveling less, but there is also a sense, and you see this in some of the data, that credit card lenders were tightening their standards. Interesting, this data on your screen only goes through the end of the second quarter. Talkede and we particularly this week of the Federal Reserve committed to keeping lower for longer. Come intohe drip feed the real economy . At the moment, we are seeing
[inaudible conversations] [inaudible conversations] the meeting has now come back to order. With us in i understand that admiral will have a hard stop at 11 ha 45678 thats 25 minutes from now. We will go into a second round of questioning but we will recognize that you will have to leave and we appreciate that. Thank you, mr. Chairman. Im going to begin the second round. Referring to while, yield myself five minutes. Okay. Thank you. Now, President Trump just tweet out a statement that im going to quote. In reverence to my chart about the comparing the cases. He says that the United States has far more cases than europe and because we do much more testing than any other country in the world. If we had no test organize bad test it would show very few cases. And dr. Fauci, do you agree with president s statement or too you stand by your previous answer that the difference is caused by multiple factors including the fact that some states did not do a good job of reopening . I stand by my
[inaudible conversations] [inaudible conversations] [inaudible conversations] the meeting has now come back to order. With us in i understand that admiral will have a hard stop at 11 ha 45678 thats 25 minutes from now. We will go into a second round of questioning but we will recognize that you will have to leave and we appreciate that. Thank you, mr. Chairman. Im going to begin the second round. Referring to while, yield myself five minutes. Okay. Thank you. Now, President Trump just tweet out a statement that im going to quote. In reverence to my chart about the comparing the cases. He says that the United States has far more cases than europe and because we do much more testing than any other country in the world. If we had no test organize bad test it would show very few cases. And dr. Fauci, do you agree with president s statement or too you stand by your previous answer that the difference is caused by multiple factors including the fact that some states did not do a good job of
Otto libre, the amazon of Central America up on the day, reinforced bying the covid19 environment and that seems to be reinforced by reports. Scarlet taking a look at the nasdaq 100, which covers the biggest 100 companies and the nasdaq composite index, it is at a oneweek high, even though we have seen other indices limp into the close and ended the day near their session lows. We have more earnings coming out. Tmobile is the latest company to report, First Quarter etf revenuer the period, 11 million, short of what 11 billion, short of what analysts were looking for. Still awaiting peloton ,nd fox, etsy and other name Different Companies that have been to fitted that have benefited from the lockdown, along with tech. Regardless of where you look, apple, microsoft, facebook or amazon, they continue to get bid higher on the idea they will come out of this even stronger. Definitely, foursquare and paypal coming down the pike. Still with us, barbara reinhard, Asset Allocation hit at voya.