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Extension of credit from private lenders. They are designed to support the functions of private markets, not to replace them. These are lending, not spending powers for others, alone that can be difficult to repay might not be the answer in these cases direct fiscal support may be needed. Our economy will recover fully from this difficult period we remain committed to using our full range of tools to support the economy for as long as needed thank you. Thank you very much chair powell i now recognize myself for five minutes for questions. I am very appreciative of the explanations that youre g...

Says hes not sure this years election will be honest, and hes falsely claiming tonight that mailin voting is a whole big scam. Well, the president s new attack on the integrity of the election comes just one day after he refused to commit to a peaceful transition of power if he loses in november. Well, today, in a direct rebuke of the president , the u. S. Senate, led by republicans, unanimously passed a resolution reaffirming its commission to a peaceful transition of office. And tonight, republican congressional leaders are distancing themselves from the rying to ca comments. And while Presi...

We saw a push higher in the session when the governor of the bank of england toned down the speeches we have seen as of late when it comes to negative rates. We will see whether ultimately he has to deliver on negative rates. Apparently the mood music has improved on that for today. Politics when it comes to the btp markets, today we have seen a significant pushback for the Prime Minister against mr. Salvini in local elections. The market has taken that positively. Alix just to pipit off what i said earlier. The eu Leaders Summit is postponed as the eu councile president was quarantined. You h...

Next, Governor Kevin Stitt talks about covid19s response in his state of the state address. Governor stitt is in the middle of his if i remember in his first term of office and he spoke for 45 minutes. With the chief operating officer john budd and members of my cabinet. Mr. Chief justice, members of the 58th legislature, to my best friend, first lady sara stitt. To my six children and my parents that are with us today, and most importantly, to my fellow oklahomans. It is a great honor to stand before you and to partner with you to lead our state through unprecedented times. I respect the Cons...

America. This is just over two hours. The Senate Foreign Relations Committee will come to order. Welcome everyone and good morning. Senatorsing to have participating both live and virtually. Since it is difficult to determine when they showed up virtually, we will go on seniority. If that is agreeable, that is what we will do. Three we welcome witnesses. David stillwell, secretary of state for east asia and pacific affairs. The senior pacific official. Assistant to pity secretary for western affairs. Today, of course, we are going to be talking about china. Obviously, china presents us with ma...