of time to clear things up authorities are looking into the matter public prosecutors and the federal financial supervisors and also the stock market operator their daughter who is starting this occasion will be sanctions probably not informed sources say that the wire card probably won't suffer any penalties still not a great day for the giants. the u.k. has a bad plans to go into its very young coronavirus tracing app instead britain will follow in the footsteps of germany and italy which is also going to tracing out based on apple and google technology for shell secretary bangkok's says he's countries prototype wasn't working with i phones he declined to say when a new app would be ready. it's turning out to be a bad year for wildlife tourism a strict lock down in south africa is seeing the $3000000000.00 euro industry implode at lily dale village next to the kruger national park game reserve locals a fight for survival elephants rhinos giraffes this impressive wildlife normally attracts a 1000000 visitors a year to the kruger national park but right now they're finding things noticeably qui

spending is restored and federal financial assistance construed by october 15. >>> the mayor of berkeley is proposing cutting $9 million from his city's police department budget and roughly 12% of their annual operating budget and be redirected to community projects and social services. one mayor would shift traffic and move into unarmed civilians. nancy skinner announced two new bills and one would make it easier for the public to retain records on of officers behavior. in the other would allow social service professionals to answer calls where an armed officer is not needed. san jose police chief eddie garcia is shocked at the allegations against a group of current and former police officers. they are accused of belonging to a five private facebook account the posted racist messages and casey gary has the story. >>reporter: the social justice has gotten bigger after back comments. >> the comments i've seen, i was shocked by some of them. >> we told you these cops existed in your department and you kept saying you don't. we can tell you that they do. >> the website reading published mat

a federal financial analytics managing partner is joining us to talk about this.t to go back to the black lives matter story in a moment, but karen, start with the stress test. what are you expecting? and are we going to get the full story, given the fact that the fed is unlikely to release company by company details? karen: good morning. i think you put your finger on the question. and i do not think we will get the full story. the fed to be more transparent, and i hope it will be, because that is the best antiseptic. sunshine is the great antiseptic. and we saw that in 2009 when the banks were in disastrous conditions. the fed released the stress test and the market took confidence in that. i think if they do not release results, this will spook the markets. we need to know what the industry really looks like. and i fear we won't. alix: we also got headlines this morning that talked about how banks are getting easier vocal rules, they will be able to invest more capital, $40 billion reprieve on swaps. and i wonder if he can help us tied together where the banks

the spending would be restored to federal financial assistance comes through by november 15th. >>> teachers and students and frontline health workers and cities workers are protesting proposed state budget cuts. in san francisco there was a car caravan and banding lawmakers and the governor taxed the privilege to solve the state budget problems and calling for a budget that supports communities of color and vulnerable groups. >> as california struggles under the pressures of the pandemic, racism. >> governor newsom stepping up to the microphone. let's listen in. also, we will address some of the challenges and before the pandemic was defined for the crisis in the state. >>> we have not taken our eye off the ball focusing with intentionality on addressing the needs of the most vulnerable californians. particularly those on the streets and sidewalks. so many struggling with physical disabilities. someone is struggling with emotional disabilities. many, self-medicating, drug or alcohol, schizophrenia, paranoia. many families torn asunder because of the inability to pay rent. others, through no

his strong federal financial support for historically black colleges for that same pattern. self-determination and opportunity without forced assimilation. president johnson's 1968 indian message did mention the concept of self-determination. the establishment of a national indian council opportunity was -- national council for indian opportunity was important. the views on the trust responsibility. the senate subcommittee on indian education. and the new open approach to working with indian tribes and communities all provided a context within this framework for the president's message. the second important observation, and this was very important, president nixon had a very top-down management style and john ehrlichman was head of domestic policy. period. end of conversation. everything went up from john and everything came down from john. we will never know how much of this specific policy was really of it wereow much the president's personally. but it did not matter because john ehrlichman had the authority to speak for the president and he did so. we need to give john eh

the california budget deadline is june 15th and the governor had hoped to get federal financial assistancethe budget deficit that he estimates at $54 billion. but the house of representatives does not have any votes scheduled until june 30th. if the governor's revised budget that he released in may, or, in that budget, he said $15 billion in cuts, mostly to education. that would be restored if the state received federal aid. >>> starting today, contra costa's health agency is allowing churches and other houses of worship to open their doors yet again. there are a number of new guidelines that come with the reopening process. those attending religious services must now provide their name and contact information. outdoor services can only have less than 100 people. hugs and handshakes will not be allowed, and face coverings are mandatory. also today, the new rules for masks go into effect in the city of berkeley. everyone in the city must now carry a face covering any time they step outside of their homes, and they are also required to put on those masks whenever they come within 30 feet of

. >> the current debate there on capitol hill is federal assistance financially to those affected by the covid-19, a debate over a third package that's being currently debated. where have you voted on the other packages? what do you think about another round of money? >> technically it would be a fourth package. >> thank you. >> because there have been three response bills that have occurred so far, actually 3 1/2. the first one everyone forgets about back in early march which primarily was geared at testing. then there was the one in the middle of march which lastly expanded the monies going to agencies that were responsible for responding. and then the cares bill the 27th of march, and this was the one that had the payroll protection plan and many other features. it was a big bill. it was done with both parties, both houses participating in the discussions, so that was a good thing. and that bill passed with overwhelming support. i voted in favor, in fact, of the first three response bills, and then there was a sort of a 3.5, a touch-up bill that happened a couple of weeks after ca

unfortunately the department of education has decided not only students that are eligible to receive federal financial aid qualify for cares act assistance student veterans individuals and the doctor recipients with the financial burden to support their peers and siblings and childrennt i l but in april with several members of the committee for this decision with higher education with that emergency financial aid to the undocumented students. so doctor paxson. you and the university with a protection for dreamers given us in the extraordinary situation we find ourselves, do you agreent that guidance excluding i don't agree at all. and those are the future of the country we should be protecting veterans and international students. >> with this next question and then to serve the country to protect our nation to have families that they continue to get any support they need with applications for many reasons all kinds of reasons they don't know how to do that and then to exclude that. and then doctor hampton. >>. >> and frankly we did not know about the impact on veterans i thank you for drawing our atte

. >> the current debate onio capil hill is federal assistance financially to those affected by covid-19 they debate over a third package that is being debated. where have you voted on the other packages, what do you think about another round of money. >> technically it would be forced -- there have been three response bills that have accrued so far, actually three and a half, the first one, everyone forgets in early march which primarily was geared at testing when there was in the middle of march which expanded the money going to the agencies that were responsible for responding in the cares bill, the 27th of march which had the payroll protection plan and many of the other features, it was a big bill, a quarter of a trillion dollars. it was done with both parties, both houses participating in the discussion, that was as good thing, that bill passed with overwhelming support, i voted in favor in fact of the first three response bills and there was a 3.5 touchup bill that happened a couple of weeks after cares to add more money to the payroll protection plan which many thought wasmo im

namely, the office of federal financial management. that is in charge of the audits that each of the agencies do, and also our office of chief information officer, which is in charge of ensuring that agencies have helped in figuring out how they can modernize their legacy -- we spent about 80, 90 billion dollars in itv. much of this can be done to improve systems but also moving things to digital and moving things to cloud. we want to help the consultant for these agencies to be able to identify things that we can have innovation and get better results. we will definitely be part of that process in improving on what you have seen from the financial management systems. >> prior to the onset of covid-19, economy was performing remarkably well with wage growth accelerating, especially for low wage workers and record low unemployment rates. i believe the tax reform and streamlining of regulations contributed to soft economic performance. i would like to see the economy return to this robust performance. obviously with considerable attentio

. >> two different offices have a role to play namely the office of federal financial management in charge of the audit, each of the agencies do. the office of chief information officer which is in charge of ensuring agencies help in figuring out how to modernize their legacy it systems. we spend $80 billion in it. much of it can be done to improve systems but also moving things to digital, moving things to cloud where appropriate and we will help to be a consultant for these agencies to identify things that we have innovation and get better results. we will definitely be part of that process improving on what you have seen from financial management systems. >> prior to the onset of covid-19 the economy was re-performing well with wage growth exhilarating especially for low-wage workers and record low unemployment rates. i believe tax reform and streamlining of regulations contributed to solid economic performance. i would like to see the economy return to robust performance with considerable attention paid to safety of the workforce. is helping with deregulation, and express appreciation

host: the current debate on capitol hill is federal assistance financially to those affected by covid-19. there's a third package currently be debated. where have you voted on the other package, what do you think about another round of money? guest: technically it would be a fourth package. been three bills , inally three and a half early march it was primarily geared at testing. in the middle of march it to thed the money going agencies responsible for responding. ofn the cares bill the 27th march. this had the payroll protection plan and many of the other features. with both parties, both houses participating in the discussions. that was a good thing. that bill passed with overwhelming support. the first favor of three response bills. then there was a touch up bill that happened a couple weeks after cares to add more money to add more money to the payroll protection plan. i did not vote for the bill that passed on the floor of the house. it was constructed entirely differently. any republican ideas, antirepublican input, it was simply a bill for democratic leadership supported by de

federal money. so that financial support doesn't just go to the powerful and those with access to power. what the to those who need it the most. meanwhile other members of congress say they are working on federal reforms to the american police system to ensure justice for george floyd and all americans of color. kron 4 washington correspondent alexandra le mon found out that some lawmakers are now pushing to pass bills on police brutality and racial profiling in the coming weeks. >>some lawmakers say now is the time for sweeping reform when it comes to police brutality and use of force george floyd. their skin leaders from the black hispanic native american and asian pacific american caucus, is demanding accountability for the death of george floyd this injustice is not the case of a few bad boss. police is democrats are pushing a resolution to condemn police brutality racial profiling and excessive use of force by police and texas congressman joaquin castro says they want more changes we had the excessive use of holds another proposal would require state and local governments to track po

education has decided that not only students who are out or only students were eligible to receive federal financial aid qualified for the cares act assistance. this decision excludes students veterans, individuals who have not completed the fafsa application and the aca. many who have to support their parents, siblings, children, be the first in the family to attend college. in april i joined a letter along with several members of the committee asking the secretary to reverse this decision to prohibit institutions of higher education for providing cares act emergency financial aid grants to undocumented students but if not, get the response. doctor paxton, like our educational leaders in nevada you have long supported protections for dreamers, given this and the extraordinary situation which we find ourselves do you agree with the department of education guidance excluding undocumented students from the cares act? >> no, i don't agree at all. i firmly believe that we should protect students for the future of our country and we should be protecting students, veterans, international students here in

federal court. when you're that strained financial financially, you're going to geo a deal with no or little jail o tine, oftentimes you take it.rel >> we goic on to terry, illinoi republican line. >> caller:

s process is included input from the federal reserve, fdic, federal financial institutions examination council, and the treasury department. they have also provided ample opportunities for regulated banks and consumer groups to weigh in. what's more, 94% of the participants in the o.c.c.'s advance notice proposed rule making agreed that the current c.r.a. rules like objectivity, transparency, and fairness. these are central things to the o.c.c.'s modendization effort. second, this update to the c.r.a. is needed now more than of. one large bank c.e.o. recently noted that due to covid-19 the bank has seen somewhere between a 17% and 35% increase in online banking activity that would normally been conducted in the branch. americans are turning to online banking resources now more than ever. the o.c.c.'s rule takes steps to ensure the c.r.a. dollars go to low and moderate income communities. where banks draw their deposits, not only branches. this change is forward-looking and should mark significant new opportunities to invest in underserved communities. third, the o.c.c. regularly meanin

and there are areas of federal civil rights law like those governing public accommodations and federal financialssistance which don't even yet prohibit discrimination based on sex. and that is why the senate must take up and pass the equality act. senators merkley, collins, booker, and i introduced this bipartisan measure to ensure that lgbtq people had the same nondiscrimination protections as other americans by adding sexual orientation and gender identity alongside all protected characteristics, like race and religion to existing federal laws. it would ban discrimination in a host of areas including housing, public accommodations, jury service, access to credit, and federal funding as well as employment. the bill would also strengthen our civil rights laws by adding protections against sex discrimination to the federal laws where they have not been included previously, including those addressing public accommodations and federal funding. more than a year ago a bipartisan majority of the house of representatives passed the equality act. unfortunately, like so many other pieces of legislation t

certainly, is a place that investors have to look, and they have been looking because the federal therve is tracking financial conditions in the united states and it is trying to loosen them up. investors have been buying the fed has been buying in the credit space. expand now incan global equities can also do better over the next six months as that liquidity spreads out. mark, as you know, the proper way to read a research report is to start at the back and look at the spreadsheets before you read the propaganda up front. thunderstruck, house to house this weekend, how there is just the least in gdp recovery. do you share that leap of faith? do think that we are going to see a recovery, and we base that on looking at things like the mobility data, which gives you a better sense of something we've never had before, how, if you talk about the united states, how people are actually reacting and moving around again versus what you can read from anybody's spreadsheet for any estimate these days. tom: that's fine, but can you translate that over to something on the income statement that we are misjudging revenue o

as far as what the federal on, i thinkinges the federal government should do more. moneyshould be financial to the states. issue, climate change, immigration, this is irrelevant if we don't have free and fair elections. the federal government can streamline the ballot. in canada, every person sees the same ballot format over and over. it's a black background with a white circle. in our country, the ballots are different wherever you go. it's very confusing. people get disenfranchised because the ballots are made out a certain way. what americans will see every time they vote. something as basic as that can make it easier for people to vote, it's that is confusing. take one thing off the table for americans to be divided over. this is not something we should be divided over. leads to more divisions among each other and they corrode democracy from the inside. .ongress could do more message.o from a text what about ranked choice voting's? -- voting? erest: i'm glad your text breath that a. this can be fixed without trashing the system. choosechoice voting, we democrat or republican. a lot of s

historically difficult circumstances they've been presented the state newsome confident more financial help from the federalovernment is on the way in sacramento, ashley zavala kron 4 news. >>as we've been saying the number of coronavirus cases in the country reaching a record high infection rates are going up and at least 32 states whitney wild has the latest. >>health officials are warning about another staggering peak of coronavirus cases, raising questions about whether economies across the country relaunched too soon i will agree that that it was my opinion than we were opening to quickly the united states recorded almost 40,000 new cases in a single day thursday toppling the previous daily record set in april in florida the state hit almost 9,000 cases thursday. miami's mayor says his city is seeing 900 cases a day up from 533 cases per day early in the pandemic's horse. >>there are some hospitals and they count they're getting close to capacity. meanwhile in texas harris county officials are raising the warning system level to severe the highest threat. >>houston is the most populous city in the coun

historically difficult circumstances they've been presented the state newsome confident more financial help from the federal government is on the way in sacramento, ashley zavala kron 4 news. telling you the number of coronavirus cases in the u.s. has reached a record high infection rates. >>going up in at least 32 states whitney wild has the latest. >>health officials are warning about another staggering peak of coronavirus cases, raising questions about whether economies across the country relaunched too soon i will agree that that was my opinion than we were opening to quickly the united states recorded almost 40,000 new cases in a single day thursday toppling the previous daily record set in april in florida the state hit almost 9,000 cases thursday. miami's mayor says his city is seeing 900 cases a day up from 533 cases per day early in the pandemic's horse. >>there are some hospitals and they count they're getting close to the meanwhile in texas harris county officials are raising the warning system level to severe the highest threat. >>houston is the most populous city in the county and on track to b

divorced this market from reality, but let's be clear, that was the objective of the federal reserve , to detach financialonditions from the real economy to enable the recovery to be smooth as we work our way out the other side of this. that was the sole objective. but i don't want to put all of this down to what is happening with stimulus because that would be disingenuous. when you take a company like american airlines, boosting capacity, bringing capacity back as things slowly start to improve, i thing it would be disingenuous to say this is all about stimulus, when you do see us start to reopen without a second wave of infections, at least so far, so good. lisa: this is the tension. few see reopening, the fact is people do have money to spend, due in part to the fiscal stimulus we have seen out of washington, d.c.. the question is, how long cannot that puts the economy forward? can we gain the moment i'm needed to get past this time and get a significant recovery? that is a serious question, and i think you mentioned something else just now, and that is if we don't get a second wave. i think people ar

financial bubble in history. it sure looks like it and i would have to argue that we are in one of those very dangerous situations whether federal reserve cannot stop supporting the financial markets because it has tried and that she has know that even the last few weeks of cutting that at had already troubling results they can't stop it but they realize that if they don't they are in fact a rising stock market at the same time that the underlying economy is going extremely other way it would be hard to imagine this having a happy ending and i think it speaks to a level of problems that have not been that are going up inside of our economy and that i don't want them this system can cope with and that's the future i think we've raised and now on the show we often talk about how the stock market is not actually tied to the economy but what we constantly see movement on economic data and when the u.s. equities saw substantial losses with news outlets attributing it to obviously the increase in covert cases that we're seeing here in the united states and this economic data from the i.m.f. then you know what is really going on here w

federal court. when you're that strained financial financially, you're going to geo a deal with no or little jail o tine, oftentimes you take it.rel >> we goic on to terry, illinoi republican line. >> caller: yes, good morning. i wasn't going to say this at first, but i'm going to say it. >> we'll take you live now to capitol hill where house speaker nancy pelosi is holding her weekly legislative briefing. >> good afternoon. there's so much going on. thank you for accommodating our change in schedule today. as you probably are aware, this afternoon i sent a letter to the president expressing concern about the increased militarization and lack of clarity that may increase chaos. i plan to request a full list of the agencies involved and clairephclair clarifications of the roles and responsibilities of the troops and federal law enforcement sources operating in the city. well, i preface it by saying as you probably saw, the military on the steps of the lincoln memorial. the -- what is it? i'll read it to you. soldiers on the steps of the lincoln memorial. view of prison officers in lafayette square.

the house financial services committee hears from federal reserve chair jerome powell and treasury secretary steven minh mnuchin at an oversight hearing on operation at the treasury department and the federal reserve pandemic response. >> house democrats say the senate needs to join them in passing a bipartisan policing reform bill and hakeem jeffries announced that a climate crisis plan is due on the house floor shortly and he criticized president trump's reaction to reports of russian bounties offered to tell a ban backed militants to kill coalition forces possibly resulting in the deaths of several american soldiers. the house democratic caucus briefing also covered other topics. >> tuesday on her website c-span .org the senate foreign relations committee looks at covid-19 and the international pandemic preparedness prevention and response efforts that is at 10:00 a.m. the house energy and commerce subcommittee on health hears from medical professionals on the impact of covid-19 on mental health. that is at 11:00 a.m. >> and a five-four decision in the supreme court struck down a louisian

financial firms fell reacting to the federal reserve work as wednesday that unemployment will remain high and interest rates would stay near zero.>> our country continues to face a difficult and challenging time. >> reporter: thursday the labor department said 1.5 million americans file for first time in limited benefits last week. president donald trump blasted the feds out with a tweet thursday saying the federal reserve is wrong so often, we will have a very good third quarter, a great quarter and one of our best ever years and 2021.>> is not going to be one of our best years ever.>> reporter: an economist at uc berkeley says the high unemployment and other economic data do not point to a quick turnaround.>> we're still down over 20 million jobs. we still have unemployment rates and underemployment rates that are well over 20%.>> the u.s. is now more than 2 million confirmed cases, and 20 states the seven-day average has increased according to data analyzed by the associated press. experts expect more spikes with all 50 states easing restrictions and large protests over the death

explain how this plays out when beijing will be the backstop for the financial system the same way the federal the backstop for u.s. cities. >> china is interesting. it has come off the financial pages with covid and the trade war issues. i heard steve schwarzman discussing it as well. what is constant about china is ath situation. this is put a damper on chinese equity returns over the past 10 years. when we got bearish on china, the large-cap china etf was about $40, and i think it is around their now. it has gone nowhere in 10 years. part of the problem is that in terms of the large-cap chinese

businesses hit by the covid-19 pandemic she says she wants stricter limits on who gets federal money so that financial support does not just go to the powerful but to those most in need. >>a bill to help financially struggling businesses owners now heads to president trump's desk. the senate unanimously passed the bipartisan paycheck protection program flexibility act the measure gives businesses more time to use loan money under the payment protection program which was designed to help them during the coronavirus pandemic it says the original 8 weeks businesses had to spend the loan money to qualify for forgiveness to 24 weeks the bill also lowers how much of the money must be used to fund payroll from 75% to 60%. the house passed the measure last week the president must sign it into law for this to become law. >>governor newsom is nearly $1 billion protective mask a deal hits. another snag chinese manufacturer b y d missed a sunday deadline to get a federal safety certification marking the second time it's a shipment to the state will be delayed in response to the covid-19 pandemic you might remembe

discounted at tangible book value the fundamental question i ask myself is this, since the financial crisis, the federaleen stress testing the bank balance sheet under very draconian rules. pretty such since 2013, even since the -- under the stress test the banks have all passed why do we have this massive concern on the bank side on the balance sheet side if the banks have been able to pass the stress test. i think a current valuation makes sense to add to the banks. >> bill, what's the best stock in the bank space right now. >> i do want to talk a little more broadly first ultimately, the sector failed against the 200 day moving aver raj. what we're seeing is a move down to support today i think the sector is finding support to retrace in prooefevis highs is 23.5. i want to be a buyer until about 21.5 you're starting to see exhaustion there opinion that chart looks very similar i would waiting about 90 there are for happy morgan >> got it. thank you. head to our website or follow us on twitter tyler and kelly, back do you >>> thanks so much reopening in some states like arizona and texas is leading to

some experts are saying there will be another financial hurdle that could for the the u.s. federalsome pretty hard decisions. even buying stocks, in fact. we'll talk about that next with our business financial expert. stay close. nucala is a once-monthly add-on injection for severe eosinophilic asthma. not for sudden breathing problems. allergic reactions can occur. get help right away for swelling of face, mouth, tongue, or trouble breathing. infections that can cause shingles have occurred. don't stop steroids unless told by your doctor. tell your doctor if you have a parasitic infection. may cause headache, injection site reactions, back pain, and fatigue. ask your doctor about nucala at home. find your nunormal with nucala. deposit checks, check balances, pay bills, and more. explore all you can do with our digital tools from almost anywhere. pnc bank. throughout our history any time something bad has happened to us ...we've recovered. ♪ every time. we fall, we rise. we break, we rebuild. we stumble, we learn. we come together. we work together. we innovate and create. we meet

approve the hearings the city conducted on may 11, 2020 in order to comply with the federal tax equity and financialresponsibility act, or tefra, including the submittal of applications to the california debt limit allocation committee to secure an allocation of bonds to make the projects happen. the proposed bond issuance will be conduit financing and not require the city to pay any of its funds for the repayment of the bonds. there are two different projects up for your consideration. the first is the ambassador writs. the ambassador writs will involve the rehabilitation of two buildings located at 55 mason street and 216 eddy street. all of those are single room occupancy units. we are pursuing a unique financing structure where a portion of the units will be utilizing a 4% rehabilitation and acquisition credits and another portion of the project will be pursuing a 9% allocation for the city and county of san francisco geographic set aside. and this particular request is related to the bond allocation, so the 4% component. the project team anticipates that approximately 187 units will be allocate

federal reserve today. we are really doing a financial comeback. the jobs numbers were fantastic. now we will have some other job numbers in the next few the end we will see how that goes, but i think it's really good and we are on our way to a big comeback. i'd like to ask some of the folks i met today to say a few words. they've been supporters and friends of mine. they understand the life. they understand i think the black community better than anybody i know, and i will tell you ben carson is an example of exactly what i'm talking about. he's been my friend from the first day we met. we were opponents, but we were never really opponents. he's a very exceptional guy and he's done a fantastic job. but i would like to maybe start with demand go to darrell. >> thank you, mr. president. we are here to talk about some of the concerns in the black community that have risen to a point that people all around the world are making their voices heard. this is an opportune time to do something about it, because this administration has already established a record of actually solving proble

federal reserve today. we are really doing a financial comeback. job numbers were fantastic. we will have other numbers over the next few weeks, and we will see how that goes, but i think it is really good. to ask some of the folks i am with today to say a few words. they have been supporters, friends of mine. they understand the black community better than anybody i know. i will tell you, ben carson is an example of exactly what i'm talking about. he has been a friend since the first day we met, i think. we were opponents but never really opponents. ben has done a fantastic job at hud. but i would like to maybe start with ben, say a couple of words. dr. carson: thank you, mr. president. we are here to talk about some of the concerns in the black community. it has gotten to a point where people all around the world are making their voices heard. this is an opportune time to do something. this administration has already established a record of solving problems, problems people have just talked about for many years. i am delighted, mr. president, that you have made it a priorit

desertions distortions as a lockdown and i'm very concerned that we've got a federal reserve now being a mighty player in financial markets we've never seen anything like this before. said is completely going outside of its mandate and almost of my fed watching friends are appalled and writing desperate articles about this to condemn this because because the effects of this on financial markets and macroeconomic stability in the future could be devastating this is an untested unprecedented actions that that the fed is taking undertaking right now and they're saying they're willing to do whatever it takes to keep the economy going there have been a lot of predictions about what market recovery is going to look like and the age of the pandemic i want to play you a clip of what he said fed chairman jerome powell said earlier today until the public is confident it is disease is contained recovery is unlikely we're no longer the downturn worse the greater the potential for longer term damage from job loss and business closures long periods of unemployment can erode worker skills and hurt their future job. persistent un

has decided that not only students who are-- not only students who are eligible to receive financial, federalaid qualifies for cares act assistance. this decision excludes student veterans, individuals who haven't completed the application and daca recipients, many of whom have the added financial burden of supporting their parents, their siblings, their children, being the first in their families to attend college. in april i joined in a letter along with several members of the committee asking secretary devos to prohibit this, for institutions of higher education, for financial aid grants to undocumented students, but have not yet received response. so dr. paxson, like our educational leaders in nevada you and your university have long supported protections for dreamers, yet, in this and the extraordinary situation in which we find ourselves, do agree with the department of education's position on the undocumented care act. >> no, i don't. protecting the students of the future of our country. we should be protecting daca students, veterans, here in this country and-- >> thank you, i appreci

financial services committee hears from federal reserve chair jerome powell and treasury secretary steve mnuchin on operations at the treasury department and the federal reserve's pandemic response. tuesday on our website, c-span.org, the senate foreign relations committee looks at covid-19 and the international pandemic preparedness prevention and response efforts. that is at 10:00 a.m.. house energy and commerce subcommittee on health hears from professionals on the impact of covid-19 on mental health. that is at 11:00 a.m. decision, the supreme court struck down a louisiana law requiring abortion doctors to have admitting privileges at a hospital within 30 miles of the facility where the procedure is done. chief justice roberts joined justices breyer, bader ginsburg, sotomayor, and kagan, to form the opinion. now, the oral argument from march 4 of this year. >> your argument this morning case 181323 juno medical services first russo in the competition 181460 russo versus medical services. >> mr. chief justice and matt please the court that this case is about respect for the courts pre