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Prone to gaffes. In congress, no agreement on how to respond to the virus. The latest proposals, a payroll tax holiday for the rest of the year. In other words, your Social Security contribution, suspended. Another one, extend the april 15th tax deadline. However, congress had better get on with it. A oneweek recess starts friday. The market, not happy with any of this. Stocks will be down at the opening bell. You kind of get seasick watching it all. Down 2,000 monday, up 1100 tuesday, this morning we will open about 800 points to the downside. Similar losses for the s p and nasdaq. The virus,...

We have a change in schedule. As we explained in the hearing memo, we were planning to do Opening Statements from 9 30 to 10 00 and testimony and questions from 10 00 to 1 00. This morning we were informed that President Trump and Vice President pence have called our witnesses to about emergency meeting at the white house. We dont know the details just that it is extremely urgent. Now the witnesses have to leave at 11 45. In light of the sudden change we will significantly reduce Opening Statements. We will do 10 minutes so we can get right to questions. Witnesses, please keep your oral statem...

Well that victim who died in Placer County was here at pier 27 in San Francisco, not too long ago has here on february 21th and obviously that raises concerns about possible exposures to people in the city and 2 people still on that ship that are now showing symptoms now the governor is calling in resources keep those possible exposures on that ship at bay. Vernor gavin newsom declared a state of emergency after a rockland man died while in isolation at a roseville hospital on wednesday. Marking the first coronavirus death in california that individual. Came back with a number of others into n...

Three People Living in the uc davis dorm are in isolation. One of them being tested for the virus while the other two at this point are showing no symptoms. 8400 people in all are being monitored in california. Meanwhile, federal Health Employees were improperly trained to deal with the coronavirus. That includes some workers stationed at Travis Air Force base. The employees did interact with americans in quarantine. That california grappled with the first case of community coronavirus. That woman is there hospitalized. Reporter thats right. And the folks here at the Uc Davis Medical Center sa...

Rescue, is it really going to do very much about the problem . Futures pricing in the fed rate cuts at three for the rest of the year but of course this as more governments are taking action and coming to the rescue with fiscal measures. Speaking nowr abe saying japan will take bold measures if needed. He is also saying he will soon announce policies tackling school closures. Schools are in hong kong and now japan will follow suit from march 2. Let us get a quick check of the markets. Equity markets are giving into the rest of the global selloff. The cfx 300 is often the low of the day. But st...