AFN News February 4

 

AFN NEWS

Thursday, February 4, 2021

 

1) From ABC News, I’m Michelle Franzen. The race to vaccinate getting a boost. Next week, the federal government will start sending shipment to pharmacies. There is also a rush to finalize another relief package for millions of Americans struggling to make ends meet in this pandemic. Republicans say the price tag for President Biden’s rescue plan is too high. Biden says the stakes are too high to scale back. After a 90-minute meeting with President Biden at the White House, Senate Majority Leader Chuck Schumer said Democrats are unified in their desire to pass a big, bold stimulus package. He added Democrats will work with Republicans on the proposal when they can. “Vast majority of Republican voters support large parts of the program. We want to do it bipartisan, but we must be strong.” Democrats are moving forward with an effort to pass Biden’s $1.9 trillion plan, while Senate Republicans are pushing a deal roughly 1/3 that size. Elizabeth Schulze, ABC News, Washington.

 2) The House Rules Committee meeting considering a resolution to remove GOP freshman congresswoman Marjorie Taylor Greene from committee post. Democrats say House Minority Leader Kevin McCarthy has failed to take action for Greene’s past comments including claims that mass school shootings for false flag events and promoted QAnon conspiracy series. GOP Representative, Jackie Walorski says Democrats are overstepping. “It’s not a function of majority party to make this determination unilaterally. It is unprecedented for the majority party to take actions to remove a minority member from his or her committee assignment for any reason.” That vote expected tomorrow.

 3) Nearly a month after the violent insurrection at the Capitol, a ceremony today for fallen U.S. Capitol police officer Brian Sicknick. He was given a rare distinction of “lying in honor” at the Capitol. Police say Sicknick died from the injuries a day after trying to fight the mob of Trump supporters who stormed the Capitol. You’re listening to ABC News.

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I’m Connell McShane. This is the Fox Business Report.

Stocks ending mixed as investors reacted to a slew of corporate earnings and monetary progress in Washington for yet another round of coronavirus stimulus aid. Among the gainers, energy stocks after oil briefly rose to a 12-month high, while financials edged higher with bond yields. Among the laggers, real estate, healthcare companies. The Dow winners; Boeing, Microsoft, Home Depot. The decliners, Amgen, Travelers, and Caterpillar. Take a look at Wall Street by the numbers. The Dow finishing up 35, the S&P also up 4, while the Nasdaq was down 2 points. Some stocks had soared in popularity among traders, and online forums rising today with GameStop rising 3% and AMC Entertainment rising 14%. Meantime, Silver, another WallStreetBets’ favorite, rising slightly.

That’s your Fox Business Report. I’m Tom Graham, invested in you.