AFN NEWS
Thursday, May 20, 2021
1) From ABC News, I’m Daria Albinger. The House is preparing to vote whether to create a 9/11-style Commission to look into the January 6th attack on the Capitol. New York Republican John Katko will vote for it. “I urge all of you in this body, all of you on both sides, not just my side or not just your side, all of us to set aside politics JUST THIS ONCE. Just this once. I beg you, and pass this bill.” But a growing number of GOP say they won’t. Maryland Democratic Congressman Jamie Raskin made an impassioned plea to House lawmakers to approve the bipartisan independent commission to examine the Capitol insurrection. “We must do honor to future generations of Americans to find out exactly what happened and why and how to stop it in the future.” But in the show of loyalty to former President Trump, some Republicans like Oklahoma Congressman Tom Cole say the commission should look into political violence beyond January 6th. “After all, the event of January 6th did not occur in a vacuum.” __ ABC News, Washington.
2) The top U.S. general in the Middle East says he’s closely monitoring the conflict between Israel and Hamas in case it widens into Lebanon. “Although it looks like there haven’t been any significant attacks from Lebanon that could change. I hope that the status quo remains and that does not occur.” Gen. Frank McKenzie says so far, the conflict has not affected the planned U.S. troops drawdown in Afghanistan.
3) The CDC directory says mask mandates are local matters especially in the community with low vaccination rates. “We have really encouraged that the policies of mask wearing be locally driven, and the reason for that is because every community, every county has different rates of disease and different rates of vaccination.” Doctor Rochelle Walensky speaking today to the Senate panel.
4) Stocks pulled back for the third day in a row. The Dow down more than 160 points. The price of bitcoin and other cryptocurrencies, fell sharply. You’re listening to ABC News.
……………………………………………………………..
I’m Charles Payne, and this is the Fox
Business Report.
Stocks paring from bigger losses, and still
falling for a third straight session as the declining cryptocurrencies and the
fears over inflation weighed on investors. Federal Reserve officials at their April
meeting said they’re closely watching economic development after a stronger-than-expected
surge of inflation last month and will be ready to shift policy if necessary.
The Dow falling 165 points, the Nasdaq down 4, S&P 500 down 12. // Shares
of Target rose over 6% to a record high after delivering a blockbuster quarterly
report with revenue surging 23% and apparel sales rising more than 60%. And Lowe’s
said its comparable store sales rose 26% for a recent quarter as people
continue to buy home improvement items, one of the biggest product category
winners during the pandemic. However, Lowe’s shares fell 1%.
That’s your Fox Business Report. I’m Hilarie Barsky,
invested in you.
