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House Speaker Nancy Pelosi said Thursday that she's still hopeful lawmakers can reach an agreement on another COVID-19 stimulus bill, though Democrats and Republicans remain far apart in certain areas.Pelosi said Thursday that Democrats and Republicans still remain far apart when it comes to additional unemployment funding, as well as more funding for local and state governments.When asked if she believed this was the last chance to strike a stimulus deal ahead of Election Day, Pelosi said she would continue to hold out hope that Congress could reach a deal all the way up to election day.Pelosi's comments come the day that billions of dollars in stimulus funding provided through the CARES Act for the airline industry expired. American Airlines said Wednesday that it would go ahead with the furlough of nearly 20,000 pilots, and other airlines say massive layoffs are coming.There is reportedly bipartisan support to extend more funding for the airline industry, but Democrats are hoping to roll those benefits into a more extensive bill.White House press secretary Kayleigh McEnany blamed Pelosi for airline furloughs and layoffs during a briefing on Thursday, claiming that she wasn't "being serious" in her negotiations. 1241

IMPERIAL BEACH, Calif. (KGTV) — Two men were charged with assaulting two border patrol agents in separate incidents in the Imperial Beach area this week.Both incidents occurred Thursday night, according to the U.S. Attorney of Southern District of California.In the first incident, Imperial Beach Border Patrol says an agent encountered a five individuals at about 9:30 p.m., one of them identified as Frazy Jiron, a Honduran national. The agent ordered the group not to move, but Jiron stood up, according to officials.RELATED: Convicted murderer caught crossing border with migrants near San Ysidro Port of EntryWhen the agent tried to handcuff Jiron, the Honduran national appeared to say something to the others, causing them to also stand and begin to flee, according to border officials. Jiron elbowed the agent in the chest, the agent said, and a struggle ensued, causing both men to fall down a hill.Jiron was later arrested and admitted to being in the U.S. illegally.In the second incident, another border agent in Imperial Beach encountered a man at about 10:45 p.m., identified as Franklin Ariel Rochac-Garcia, border officials said. Rochac-Garcia was reportedly running toward the agent and refused the agent's requests to stop. Rochac-Garcia reportedly tried to punch the agent as he approached, but missed and the agent brought Rochac-Garcia to the ground.RELATED: Mexico's new president could change border policyRochac-Garcia got back up and began running south toward the border, officials say. He attempted to jump over the border fence but the border agent was able to detain him before he made it over.Rochac-Garcia, an El Salvadoran national, was arrested and admitted to being in the U.S. illegally, according to border officials.Both men are being charged with assault on a federal officer and illegal entry. 1840

House Democrats overwhelmingly picked Nancy Pelosi to be their nominee for House speaker on Wednesday at a closed-door meeting, bringing the long-time Democratic leader one step closer to reclaiming the gavel when Democrats take control of the House of Representatives in the new year.Pelosi was nominated as speaker by House Democrats by a 203-32 vote, according to attendees in the room. Three ballots were blank. One was absent.A small, but vocal, faction of Democrats have been attempting to derail Pelosi's run for speaker, but she has succeeded in winning over a number of critics in recent days and was expected to easily win the nomination since it required only a majority of House Democrats. The make-or-break moment for Pelosi isn't expected to come until January, when the full House holds a final floor vote to elect the speaker.House Democrats are also holding elections on Wednesday for positions lower in the leadership hierarchy.The first election to be decided was for the position of Democratic caucus chair. Rep. Hakeem Jeffries of New York was elected to the post, making him the No. 5-ranked Democrat next Congress. The vote was close, 123-113. He defeated Rep. Barbara Lee, who would have been the first African-American woman in Democratic leadership.At 48, Jeffries is relatively young compared to the rest of the caucus and a rising star in the Democratic Party. Winning the position of caucus chair will elevate him further in the party's hierarchy and give him an opportunity to wield more power and influence. With Rep. Jim Clyburn's expected ascent to the majority whip position, Jeffries' win means that two of the top five leadership positions in the Democratic caucus will be held by African-American members.Lee, who is 72, said on Wednesday that she felt there were "institutional barriers" in her way."You feel some disappointment only with the institutional barriers that I recognized that were out there during this campaign. I'm really disappointed in that, knowing this was an uphill battle," she said.Asked if she felt ageism and sexism were at place, Lee said yes. "You heard and saw what took place, so absolutely, I think that is the case," she said."We still have many glass ceilings to break," she added.Speaking to reporters after winning his election, Jeffries said he wanted to thank Lee "for her tremendous service to this nation" and characterized the race very differently: "From the very beginning through the very end, this was a friendly contest of ideas."The elections are currently ongoing at the Capitol and will continue throughout the day.Inside the room where Democrats are voting, Rep. Joe Crowley, the outgoing caucus chair who lost his primary to incoming freshman lawmaker Alexandria Ocasio-Cortez in an upset, sang an Irish ballad to the House Democratic Caucus, two members present told CNN. The caucus gave him a standing ovation. 2906

I will be leaving the great Walter Reed Medical Center today at 6:30 P.M. Feeling really good! Don’t be afraid of Covid. Don’t let it dominate your life. We have developed, under the Trump Administration, some really great drugs & knowledge. I feel better than I did 20 years ago!— Donald J. Trump (@realDonaldTrump) October 5, 2020 344

Housing and rates are worrying some economists that a recession is looming."One of the biggest concerns is the housing market," said Lindsey Piegza, chief economist for Stifel, on CNNMoney's "Markets Now" live show Wednesday. "It's throwing up a very large red flag and suggests maybe this 4% growth we saw in the second quarter is not sustainable."Home sales?have declined in four of the past five months as housing prices have grown -- but paychecks have remained stagnant. Many people can't afford to buy homes, and those who can are taking on a lot of debt to get into them.Piegza says that echoes what happened right before the Great Recession in 2008."We're not there yet, but this is what led us to the housing crash," she said.How could this happen again? Piegza believes that a decade of rock-bottom interest rates helped people forget about the dangers of borrowing too much."I don't know if we learned our lesson from the Great Recession," she said. "We are going back to a lot of the easy lending that we used to see."Although Piegza said a recession isn't necessarily imminent -- especially after quarterly growth just came in at the fastest pace in almost four years -- there are signs of waning momentum in the economy.Interest rates, for example, are starting to become a bad omen.The Federal Reserve, which finished up its two-day meeting Wednesday, is expected to raise its target rate two more times this year. Higher rates have boosted short-term US Treasury bond rates. But the longer-term bond rates haven't risen along with the shorter-term rates, because investors are growing wary about the economy over the long haul.With two more interest rate hikes planned, the Fed could boost short-term rates higher than long-term ones, inverting the so-called yield curve. An inverted yield curve has preceded every recession in modern history."We could easily be there by the end of the year," Piegza said. "I think we'll see pressure on the longer end by the end of the year, but the Fed will still be raising rates on the short end."Fed Chairman Jerome Powell has said that he is not concerned about an inverted yield curve. Piegza strongly disagrees."It is a predictive measure of a recession," she said. 2266

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