For a u. S. District court judge in ohio. It is also the first opportunity for members to speak on the floor sense election day. Watch live Senate Coverage on cspan2 and the house on cspan. Amtrak president and ceo William Flynn was on capitol hill to testify on how the coronavirus affects the Passenger Rail system and what amtrak is doing in response. The Senate Commerce of science and Transportation Committee also heard from representatives of the freight Rail Industry and about the challenges they are facing as a result of the pandemic. This hearing is just over two and half hours. Order. Thank you all for being here, good morning. Today the committee can means to discuss the status of the National Rail network in the country is 140,000 miles of freight rail in class one railroads over 600 freight railroads and thousands of Companies Using braille to ship products and raw materials, we also have an intercity passenger real service amtrak operating on 22000 miles of the same network
Order. Thank you all for being here, good morning. Today the committee can means to discuss the status of the National Rail network in the country is 140,000 miles of freight rail in class one railroads over 600 freight railroads and thousands of Companies Using braille to ship products and raw materials, we also have an intercity passenger real service amtrak operating on 22000 miles of the same network including over 500 stations. Todays first panel of witnesses will feature mr. William flynn ceo of amtrak and the executive director of the Development Corporation in Montana Development association who will testify remotely. Todays second panel will include mr. Frank Vice President Global Supply chain on behalf of of the council testifying remotely, mr. Randy, the president and ceo of the association, the chairman and National Council testifying remotely in the association of American Railroad and mr. Dennis pierce, president teamsters real conference testifying remotely. We appreciat
14 days to the election. It is a tuesday october. Obviously. Lettingpreme Court Pennsylvania go after that election to count ballots. Weve got lots of politics to talk about, and extort an area markets after the drop yesterday that we saw. How much do you think link yesterdays 700 point down drop to stimulus . Jonathan not me, but i think other people might make that link. I think if you want to make that inconsistency an because treasury yields climbed. If you think all of this stimulus was going to drive yields higher, then stimulus talks pulling apart would mean lower yields, higher yields. I think the temptation is to take every single piece of price action and draw a line back down to d. C. From wall street. Israelcretary mnuchin in for the important siding of the united arab emirates, israel, and United States of america. He will have a call with pelosi. Pelosi is going to be briefed by westin later on bloomberg. Lisa i am trying to understand Mitch Mcconnells role in all of this
Here. Good morning to discuss the status of the National Rail network to have 140,000 miles of rail seven class one railroads and thousands of companies to ship products ands Raw Materials also and Intercity Passenger Rail Service operating on 22000 miles of that same network todays first panel president and ceo of amtrak and the executive director of the Development Corporation and the Economic Developers association testifying we will be. The Vice President corporation on behalf of the American Council mr. Randee gordon and the chairman to testify remotely and he didnt jeffries president and ceo association of american railroads and dennis pierce president of the teamsters rail conference. During this covid pandemic. In 1970 the real Passenger Service act was adopted to relieve our railroads on the common carrier to carry passengers. The statue created amtrak and provided real runs can be used by amtrak to offer intercity passenger real service, returns and compensation that are just
Can you please call the roll . [ roll call ] clerk you have a quorum. Announcement of prohibition of sound producing devices during the meeting. Approval of the minutes from the october 6 regular meeting. Can we open up the line for Public Comment on the minutes from the october 6 meeting. You have zero questions remaining. Well pause 20 seconds. If no one comes on the line, well move along. Clerk if members of the public wish to address the board on the meeting, please dial 10 to join the queue. And the number is available on the screen, should anyone want to join. You have zero questions remaining. Then well close Public Comment. Directors, are there any additions or amendments to the minutes . If not, may i hear a motion. Motion. Is there a second . A second. Please call the roll. [ roll call ] clerk 50. Item 5, communications. Due to the covid19 emergency, this meeting is being held virtually and all members of the public and staff are participating via video conference. This will