Most to them and their families. Well look at one of the crucial demographics for President Trumps chances of reelection. Stay tune, we have fox Business Team coverage, Jackie Deangelis in our new york newsroom, blake burman standing by at the white house which is where we begin. Blake. Reporter connell there was another phone call between treasury secretary Steve Mnuchin and speaker of the house nancy pelosi to go over at least the hopes of trying to put together another covid relief package. We can tell you it lasted about an hour. They exchanged language on proposals. Were told there is expected to be another phone call tomorrow. This is the readout afterward at least from the side of the speaker of the house that they continue to say there are big gaps that remain. Deputy chief of staff for nancy pelosi tweeting the following saying, quote, one major area of disagreement continues to be that the white house lacks an understanding of the need for a National Strategic testing plan. They say the speaker believes we must reopen our economy and schools safely and soon and scientists agree we must have a strategic testing plan. Perhaps the biggest gap, connell, happens to be how much to give moneywise to state and local governments. Here was mnuchin who spoke today at the milkin institutes virtual conference. Listen here. Of the. Weve compromised significantly but let me just emphasize, there are money issues. There is also policy issues. The bill that the house passed is close to 1600 pages. The important is in the details. Reporter that was something nancy pelosi said in the recent days, money issues, essentially priority issues. Mnuchin today also echoed something that Mitch Mcconnell said in the recent days as treasury secretary said that he believes in getting something done being able to execute on it before the upcoming election right now, in mnuchins words, will be quote, unquote difficult. Back here at the white house, connell if there was a camera on the other side of the building you would see marine one on the south lawn. President trump is expected to leave the white house here shortly. He has a Campaign Event here tonight in iowa. Back to you. Connell interesting that iowa is still on the president s Campaign Travel list. Blake burman on the north lawn. Jackie deangelis with the recap of the day on wall street for us. Jackie . Reporter good afternoon, connell, to you. Stocks started the session ever so slightly higher but gave the gains back as blake was talking about there will be no stimulus deal until the end. Year. Nancy pelosi digging in her heels that the amount and guts of the proposed deal is long way off where she wants to be. Steve mnuchin acknowledging this may not happen before the election. S p 500, nasdaq were down second day in a row, constantly watching big tech and momentum stocks. They were leading average as little bit lower. Apple with a slight gain there. Amazon was down on day two of the prime day event after enthusiasm on day one. You have investors out there digesting earnings from the big banks too. They have been mixed. So weve got goldman sachs, bank of america, ubs, pnc are beating on earnings. Goldman sachs blowing away earnings and revenue estimates on the trading surge that they saw. But wells fargo, missing earnings forecasts on higher costs. Bank of america missing revenue estimates on lower interest rates. So we have a lot of problems here that investors are trying to weigh. There is also this revived nagging worry of a second wave of the coronavirus and concerns over the delivery timeline of a vaccine. After j j and eli lilly paused because of safety concerns, adding to these losses today. Connell jackie, thank you. Analysis from James Freeman, wall street journal. Lets take the issues one at a time, james. I think the stimulus talks, on and on we go. I think moderate democrats worried about their reelection in a month would like to see nancy pelosi get to some version of yes of 1. 8 trillion or more but i guess not to be. Were not getting this before the election, are we . I think not. The speaker seemed to make clear with spirited conversation with wolf blitzer of all people on cnn she doesnt want the president to get credit for delivering more relief. So i think the consensus now is probably more or less accurate. That she wants to deny this assistance until after the election. That may end up being a benefit to taxpayers assuming that they huge spending freeforall. Connell that is the argument that many, or some republicans have made. I think some other republicans including the president seem to be willing to give in at that, at that higher number. The other issue that jackie brought up i ask you about before, getting to the campaign a little bit is the second wave potentially of the virus. That is something weighing on investors minds, not only Health Concerns but as we talked about for months, idea of some cities, whether new york or others might have to go into another shutdown. What do you think the odds of that happening on some sort of a broad basis across the country are from the way you look at it . Too high for what i would like but they are declining. I think there is a growing realization, again i wish people would get to it more quickly but there is a realization that lockdowns are counterproductive. They destroy societies. It is a very blunt instrument. It is not even clear that they actually save lives. You have looked at lockdown areas have had very high levels of mortality in places that have been more open, that havent. So it is a mixed picture but i would hope that the evidence of the destruction on lockdowns coupled with declining fatality rates. Even though we see more cases in a lot of places around the world, fatality rates are declining. That is good news. Im hopeful that politicians finally are getting the idea that you have to allow life to go on, even as you seek to protect the vulnerable. Connell that is what theyre doing here in florida. Governor ron desantis made that decision a few weeks ago. We have not seen another spike in the virus, although there have been isolated stories of cases popping up here and there. Not an overall spike statewide. It is a discussion were having with voters. Well talk about this a little more later on in the show. Weve been talking about voters what worries them. What theyre concerned about what theyre motivated to vote by. Those who voted for the president and turned against him bring up his response to the virus, whereas those who are still in his camp you will hear in a moment they also do. They like it. They like the fact he was pushing to reopen. He made a speech today at economic clubs, i dont know if you saw it around the country. That was part of his argument, the economic argument, resonates, but im not sure it is cutting through in the campaign. What do you think . He is in a race against time. You have basically the battle lines politically have been drawn for a while. Trump is the reopen, revival candidate and biden is the shutdown candidate. What you have seen is people gradually coming to the view that shutdowns dont work but, maybe not that is fast enough for the president s reelection. Well find out. When they think about economics they will come to the conclusion the best stimulus plan is to per swayed, encourage, motivate governors in places like new york, new jersey, california, illinois, to open up, allow society to thrive. Protect the vulnerable. I dont think we need a whole lot of new policy. We were 3 1 2 unemployment in february. We obviously, after the shutdowns caused all that unemmoment in the spring weve come a lot of the way back but the economy was clicking before the virus. So just get everything back to [inaudible] a reopened economy is really are the stimulus we need. Connell right. You know, whats interesting, again in speaking to voters about this, im not sure what your perspective is on it, if it was that simple, the whole phrase, i brought this up yesterday, you know its the economy stupid, that is how people are going to vote then the president s chances for reelection would probably look better than they currently do in the numbers we look at whereas im not sure that you might not see a significant, but you might, you might see a significant number of people who agree with the president on a lot of policy issues, especially Economic Issues but still dont vote for him because theyre not comfortable with him. Again they go back to, they dont like the way he handled the coronavirus response. Dismissive at first and the like. I wonder if this is finally the election where it is not about the economy, what do you think . Well i think there are certainly a lot of people who are frightened and it has been a rough year. I think, he is, the president , he is not really in this sense some ways he is not battling biden but battling a news media. I think people in our industry have done extremely poor job of putting covid risks in perspective instead of detailing how low the risk is for most people, especially young people, there is kind of an obsession with finding in our vast country of hundreds of millions of people a young, or middleaged person with an adverse event but the fact is even the president at 74 had very good odds of pulling through it. He eventually did. I dont think most people or many people realize because they, the reporting doesnt include the context of other risks in our lives. I think thats one of the props with the lockdowns is, and, dr. Fauci and others made this very clear, they never did the calculation on what are you destroying, how are you hurting people when you turn off society . There was a kind of a tunnel vision approach on addressing covid risk and nothing else. There are other problems in society. Connell thoughtful perspective as always. James, good to talk to you about these issues. Well see you soon, James Freeman at the journal. We have to move on to a fox business alert word has come in to us from the first ladys office, first lady medical medical has were melania trump, tested negative for covid19. But son barron trump has tested positive for covid19. He is a stronger teenager, no symptoms. Positive test for barron trump with no symptoms as the first lady has a negative test. On all of this. This is just breaking. All week in florida, weve watched campaigns both trump and biden fighting over the most important voting bloc here in this state, reliably show up every single election. Talking about Senior Citizens. President trump we will strongly protect medicare and Social Security and we will as you protect patients with preexisting conditions. Anybody who qualifies for medicare but lives in a state like your governor that doesnt allow for 800,000 people to have it will automatically be enrolled. Connell our team has been making its way around in the fort myers area, reliably republican lee county. Now we did see some cracks in the president s support among retirees which could really hurt him come november 3rd. His success with the 65 and over crowd was a big reason florida went red, but now a mixed bag at best. When it comes to trump handling of health care or medicare or Social Security, how do you think he is doing with our seniors . I think he is going to take care of seniors just fine. Health care for all. Yeah, whether it comes that far or not, certainly expansion where we are now. Greater coverage for more americans. This whole thing about republicans saying they want to protect preexisting conditions. It is hogwash. I think if biden becomes president it will be socialized medicine issue. Connell polling numbers do show that joe biden has a slight lead among florida seniors. Most of that attributed to the questions we talked about a moment ago surrounding the president s handling of coronavirus. It was perfect. I dont see how he could have done anything else. The fact that trump doesnt wear a mask most of the time, whenever you see him, gave a bad example. I think some much it was out of his hands but he did the best he could. Connell it is that last point, plus continued emphasis on the economy. The trump team hopes will help the president win the state again. So important for the Trump Campaign. Well have more on that with the chairman of the Republican Party here in florida. He will join us live. That is coming up next plus one billion dollar industry here in this state, it has been hit so hard by the pandemic. Talking about the fishing industry. Well check in with a local Business Owner about that later on in the hour. Your journey requires Liberty Mutual. They customize your Car Insurance so you only pay for what you need. Wow. That will save me lots of money. This games boring. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Metastatic Breast Cancer is relentless, but im relentless too. Because every day matters. And having more of them is possible with verzenio, the only one of its kind proven to help you live significantly longer when taken with fulvestrant, regardless of menopausal status. And its the only one of its kind you can take every day. Verzenio fulvestrant is approved for women with hr , her2 metastatic Breast Cancer whose disease has progressed after hormonal treatment. Diarrhea is common, may be severe, or cause dehydration or infection. 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Interesting that United Airlines was a little bit higher at the close following along with the transports today, setting a new or at least in record territory bucking the trend of stocks generally speaking. The one headline im seeing that is interesting is united saying it is shifting from just surviving in the covid19 pandemic to trying to listen to achieve the rebound. At some point this will end, people start to travel more. The company is trying to look forward to that. Back to you. Connell really puts it in perspective. That is lot of money to loose in the quarter. Tough times for airlines. Remind everyone the president is on his way out, heading to the state of iowa. He has a rally there he has been speaking in the last few minutes to reporters gathered along the white house. You guys no the drill. Once that happened. We cant take it live. It has to be reracked. Well play it back for you. First Lady Melania Trump tested negative for covid19 where as trumps son barron tested positive or was asymptomatic. The president comments on that and other issues. Well bring you the comments as soon as we have them ready. New numbers showing almost two million floridians returned mailin ballots in this years election already. Registered democrats nearly doubling the up on democrats sending ballots now. State senator joe grader joins us now. A look at the numbers, joe, look at number of issues with you. Any concern on your end whether that signals there is lot of enthusiasm on other side . I think we knew democrats would vote more by mail . Exactly right. We knew they would be ahead with absentee voters. All they have done cannibalized voters early election day voters to vote by absentee. You number you want to voter registration. We beat them 205,000. After Andrew Gillum they would have million new voters. Soros groups coming in, trying to increase their voter registration. In reality we beat them in 205,000 in a state where 2018 the top two races were decided by 11,000 votes with u. S. Senator rick scott and 33,000 votes governor ron desantis. I would rather have a bigger pool to draw from. This is what the race is all about. This is not a persuasion campaign this is turnout campaign. Why were so optimistic about florida is because were literally a welloiled machine. We have 205,000 additional voters to work with. Connell all right. So youre trying to turn out the voters that put the president over the top last time. Weve been hear in some other swing states talking to people trying to get to the bottom what motivates them. Seems to me when the conversation is on the economy, a choice between two candidates. The president is in the best position. However every now and then you run into a voter, listen to the voter in the fort myers area where they make the opposite argument. Try to convince this voter this is what we heard yesterday speaking to voters. Take a quick listen. I can tell you last election i voted for trump because i thought he would make good changes, and the changes he has made is not for me but for the wealthy. That is why im going to vote for biden. Connell all right. Joe, that is a guy says the economy is the big issue, you cant afford to