And we are pleased to have with us senator tammy duckworth. Needs nouckworth introduction. She is an iraq war veteran, former assistant secretary at the department of Veterans Affairs and now u. S. Senator for the state of illinois. Illinois. And i think for those of us working and National Security, certainly for those of us who are women and National Security. We think about people are breaking down barriers, et cetera duckworth is at the top of the list. One of the first handful of women in the army to fly combat missions during Operation Iraqi freedom. First u. S. Energy given birth while in office. And particularly in todays event the first member of congress he was born in thailand in the first asianamerican he was elected to congress and the state of illinois. So in addition to the work shes done on defense and Veterans Affairs, et cetera duckworths spent a lot of time thinking about the military challenges we face in the pacific. She has really been an advocate for the alliance
Dow plunging and s p plummeting 2. 78 . And the nasdaq nosediving 4. 11 . Its tempting to try to learn something from the big bone crushers of the past so we can apply those bone crushers to the future two are alike but there can be similarities take the. C do. Com bust. The endless run from 1998 to march of 2000 followed by a rapid meltdown, what is happening here now, now that the nasdaq is 10 from size, im hearing about the buzz all day okay, the beat of 1998, the nasdaq stood at 1,585. 1,585. It roared to 5,100 by march of 2000 and plummeted to 3,155 by may. Fast forward to 19 year ago and a round trip to 1 ,585 it is your Worst Nightmare of course, there are horrendous sell offs. The 87 crash averages cut in half in a few hours time the financial crisis, dallas laid the waste from 14,000 to 6500 and the covid crash dow from 295 to 68 to above 18,000 march lows. Nasdaq sank. But its that rebound from the march lows thats drawing comparison to the. Com era the nasdaq surged 82 from
Donors he would get rid of most of trumps tax cuts. That wouldnt be good for stock prices or your 401 k . Right now we see the dow losing maybe 90 points at the opening bell, 25,400. The s p will be down and the nasdaq is off about 20 points. No serious selloff at this point. But we do have dramatic stories breaking this morning. Overnight, a young black man, 16 years old, shot and killed in the seattle chop zone. Its the fourth shooting there in nine days. Democrat mayor durkin said the zone would be removed. It is still there. In new york city, the city votes on taking a billion dollars out of the budget the police budgets. Mayor deblasio calls it real redistribution. This follows a devastating blow, the citys 15 billion theater industry will stay closed until next year. The democrats trash the president and mt. Rushmore. A tweet from the dnc says the president will be quote, glorifying White Supremacy when he attends a fireworks display there on july fourth. But its okay. They took
Communities in america, but it was destroyed in a race massacre hate rained down on churches and homes from above. The first time in American History airplanes were used to terrorize americans. It was not at 9 11. ticking the merit system protests order, why should americans know or care what that is . This agency is there to protect federal employees from bad supervisors and poor performers. All you need is one bad employee, one bad supervisor for things to go amuck in any federal agency. And if youre getting your benefits, your services, whatever they russia lets say its drug, medicine, youre going to want ticking im lesley stahl. Im bill whitaker. Im john dickerson. Im norah odonnell. Im scott pelley. Those stories, tonight, on 60 minutes. ticking cbs money watch, sponsored by lincoln financial, helping you create a secure financial future. Good evening. Spiking coronavirus cases in several states are testing americas reopening. Retail sales out tuesday will give a snapshot of consu
President trump bff, senator Lindsey Graham back on the bus, a resolution to condemn the house democrats. Iit, it is just a resolution. Like a form also suggestion. Lindseys sharad a day after republican stormed into a closeddoor house intelligence committee, they did it because they say, they want answers. I think if we did this you would be beating the [ bleep ] out of us, if a republican did to a democrat, you would be all over me. Maybe in soviet union this thing is common place, we have to stop like thinking that we can use the marquee of queens burgqueensbury rules of engageme fight a angry pack of hyenas. Kennedy oh, democrats doing their own stupid stunts, saying that hearings will be public starting next month. Watch. Look like a mob scene. They are not flash mobbing. They acted like a mob. A mob. A mob. Lawless mob. Mob mentality. What happened yesterday was a high school prank, by a bunch of 50yearold white men. You saw a bunch of white men. The white guy, middle age boring