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Next the director of the federal Housing Finance agency testifying on housing and mortgages during the coronavirus pandemic. House Financial ServicesCommittee Members asked him how his agency is handling the rice in foreclosures and forbearances as well as the operations of fannie mae and freddie mac. The hearing runs over three hours. The committee will come to order. Before we begin, i want to remind members of a few matters including some required by the regulations accompanying House Resolution 965, which established a framework for Remote Committee proceedings. First, i would ask all members to keep themselves muted when theyre not being recognized. It will minimize disturbances while members ....
A street in many after more mass protests and arrests. Military leaders who are behind a coup in mali are given a deadline to pick a transitional president. Call it playing football with judeans. Fighting extradition we could leaks founder Julian Assange refuses a u. S. Request to have him extradited to face trial on espionage charges. With the sports news including the return of illegal messi he doesnt want to play but hes back in training with boss of the club blocked. Welcome to the news hour saudi arabia has overturned the death sentence of 5 people involved in the murder of journalist. Theyve been given 20 years in prison instead 3 others have been given sentences ranging from 7 to 10 years and the u. N. Expert who investigated the killing says the verdicts are a parody of justice alexy obrien begins our coverage. The saudi hit squad accused of killing journalist Jamal Khas ....
Being exposed to the coronavirus. Companies are laying out plans for a return to work from facebook to jpmorgan, even if it means only 25 of the work worse will be back in the office and perhaps not even until the end of the year. Taylor riggs has been following the action. Taylor some of that negative news that you were highlighting, the equity markets as you know are continuing to gain on the hopes of a reopening plan that was expected to come in the next coming months or so from a lot of these major companies. Big tech has really resumed a lot of leadership. The thing they wanted to point out was the big performer, reading the note from our chief equity strategist to set the gap in the forward pe ratio between tech and tech excluding the big five goes back to july of 2013 and the ratio explains the dominance and outperformance of Companies Like google, showing the discrepancy we havent talking about. Emily expedia out with resu ....
Wednesday and this morning, dow indicated down about 170 right now. S p down 21 and nasdaq down by 58 just 4. 5 from its alltime high more about what it has been doing well the nasdaq 4, 6 or whatever you dont call it the nasdaq 100. It is concentrated i heard Brian Sullivan saying early that of the nasdaq 100, that 35 of those companies are trading 10 higher or more for year to date not the full year but year to date what weve seen this year broadening out a little bit there is the big chetech and the big tech that seems to be well suited for what we are all doing. Not a total surprise oil hasnt hurt either remember, it was the may contract when it expired at the end of may something theyve never seen us before wti back up to 34. 07. That tells you what people are anticipating it has rallied 70 and only at 34. Right tells you a little about what is happening here also take a look at treasury yields we are around 21 for the 10year ....
All right, the Committee Meets today to receive testimony from the Government Accountability office, the Service Secretaries, the Service Chiefs, on the current condition of privatized military housing. Almost a year ago, i first heard from the military families about the dismal conditions they faced. Frankly confession is good for the soul. This was janet driver called this to my attention, from Tinker Air Force base. And i thought this was something that was just unique to Tinker Air Force base, and then i thought, no, it is elsewhere in oklahoma. And so that was the background of how this all started. Weve come to learn that its it ....