Out of his still in the but love that we may keep one another healthy and safe. It will therefore be unusual but mr. Speaker this legislation represents a bipartisan resolve to me the coronavirus challenge. It represents a focus on families and workers to the objective to make them safer and economically supported. It will protect workers and their families and our economy as we all do our part to flatten the curve. Public Health Officials made it clear that the only chance we have to prevent them from getting overwhelmed is for as Many Americans to stay home as possible. It is however necessary to be here, to pass legislation, respond on behalf of thees American People to the daunting challenge. Closure means large parts of the economy are temporarily shut down causing severe disruption for businesses and workers. We saw the impact of this yesterday with the new Unemployment Insurance claims increased by more than 3 Million People. 3million individuals. 3million families rely on them
Here it is. Because of the faulty [ inaudible ] we have going for us at the federal reserve, we pay much more than other countries. In other words, our interest costs are much higher than other countries when they should be lower. Correct. All right. Thats where the president stands on the fed. 2020 democrat candidate liz warren going after wall street once again, this time shes also slamming private equity firms blaming them for the closures of toys r us, sears and other retailers. Hows this for irony . Campaign workers for Bernie Sanders say theyre not getting paid enough money. Theyre demanding 15 an hour. Of course, remember, bernie is one of the biggest proponents of raising the minimum wage. And by the way, we have astronaut scott kelly on the show this hour to talk about the new chevy corvette. He compares the cars engine to a rocket. Oh, yeah. Weve got a rocketfueled jampacked hour ahead including lara trump right here in the studio. Varney Company Begins right now. In fact, we
Kenya has never experienced a confirmed case of the disease. The current outbreak has killed more than 1400 people. Fans areraptors jamming downtown toronto. You are looking at live pictures. They are holding a parade for the nba champions. Million people are expected to be in the parade, including Prime Minister justin trudeau. The raptors are traveling in openair doubledecker buses. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. It is 1 00 in new york, 6 00 in london, 1 00 in hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and from around the world we are following. The fomc walking a tightrope between tricky trade policy tradeoffs and fragile global growth. The fate of the aca. We will talk to the Emblem Health ceo on why the moves to dismantle it are causing Health
Have a close working relationship we had a productive meeting at the last g20 i look forward to this one will we see a deal by the end of this year i cant speculate on that im hopeful but there needs to be the right efforts in place. This is not a deal for the sake of having a deal we were about 90 of the way there. Hell see what we get. One thing on the minds of a lot of folks in the persian gulf area is the potential for that International Coalition in terms of protecting shipping lanes in the persian gulf and the strait of hormuz. I caught up with brian hook over the weekend, he suggested the possibility of this. What kind of conversation are you anticipating when you come to the g20 on this specifically . Will we see monetary contribution can we expect to see their ships in the persian gulf . Will be discussions this is an important issue not just to the region but to the world and to china where they depend on energy. The u. S. Is a large exporter of energy now we will continue to
Well now have item 2, roll call. Thank you president scott. Our roll coloradoed to order is 103 p. M. And roll call starting with president scott, present. Vice president hao and breslin and canning is excused. Dorsey, present. Commissioner follansbee, present. With that, we have a quorum. Can we go to item number 3 . [multiple speakers] it wasnt his fault. Thank you president scott. Item 3 is general Public Comment. A opportunity for members of the public to comment on any matters within the boards jurisdiction that is fot on the agenda. Remote viewing is available on sfgovtv and online using webex. Welcomes public participation. There is a opportunity for the public to comment at the beginning of the meeting and each item. In person comment is first and then virtual. Each speaker is allowed 3 minutes to comment. All Public Comments are made concerning the agenda item presented. A caller may ask questions of the body but no obligation to answer or engage in dialogue. Will hear up to 3