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Required by the regulation accompanying House Resolution 965 which establish the framework over the proceedings. First, i would ask all members on the webex platform to keep them so the muted when they [inaudible] this will minimize disturbances while members asking questions of our witnesses. Members on webex platform are responsible for muting and unmuting themselves. I suppose you just heard that. The staff is been instructed not to meet members except when a member is not being recognized and there is inadvertent background noise. Members on webex platform are reminded that they may only attend one remote viewing at a time. So if youre participating today, please remain with us during the hearing. Members should try to avoid coming in at out of the meeting particularly during the question treatment. If members wish to recognize the chair recommends members identify themselves. I would also ask members to be patient as the ch ....
Mcshane. Didnt quite get there on the s p. Were live from joe bidens hometown. Scranton, pennsylvania. Ahead of the presumptive nominees speech tonight at the Democratic National convention. I spent a lot of the day speaking to owners and Business Leaders in the area. You will hear a lot of that throughout the hour. First the top stories. Fox Team Business could have with gerri willis keeping an eye on markets blake burman at the white house as usual gerri, we start with you. What a difference in the markets and what a difference the a day makes. They are shrugging off recovery concerns. The dow powering ahead. The dow on pace to snap a threeday losing streak. It did just that. S p up three of the last four sessions. Nasdaq was the star here. You remember back in march we were under 7,000 . Closing at 11,264 to be ....
And extended Unemployment Benefits until january 2021. The heroes act will provide significantly more funding to cities and towns and also would clarify treasury guidance that currently prevents State Governments from using [indiscernible] alternative bills provide zero dollars to states, zero dollars for financial assistance, and clawed back hundreds of billions of dollars that could be used to support struggling businesses. In addition the president cut funding to states. The protestsike against racism and Police Brutality in the streets in many communities. Families across the country suffer [indiscernible] about the challenges their faces and the response needed from the federal government in this international crisis. I recognize the Ranking Member o ....
Would anybody trust a vaccine coming out of this administration . And when it is [indiscernible] we are having technical problems with our live feed, but we are working to fix the problem and when you back to the discussion shortly. [no audio] second round of economic stimulus payments to families and extended Unemployment Benefits until january 2021. The heroes act will provide significantly more funding to cities and towns and also would clarify treasury guidance that currently prevents State Governments from using [indiscernible] alternative bills provide zero dollars to states, zero dollars for financial assistance, and clawed back hundreds of billions of dollars that could be used to support struggling businesses. In addition the president cut funding to states. The protestsike against racism and Police Bruta ....