WASHINGTON – Bringing it to the real world, Sen. Dick Durbin, D-Ill., plowed new ground at Amy Coney Barrett’s Supreme Court confirmation hearing on Tuesday when he asked the mother of two Black children about the impact of George Floyd’s death.

Barrett, guarded in her answers until this point, gave a candid reply.

In May, Floyd, a Black man, died after a white Minneapolis police officer pinned him down with a knee to his neck for nearly nine minutes. His death sparked a new chapter of racial reckoning in the U.S.

Barrett told Durbin after Floyd died she discussed with daughter Vivian, who is Black, “that there would be a risk to her brother or the sons she might have one day, of, that kind of brutality.”

Democrats know they are powerless to block the confirmation of Barrett, who President Donald Trump tapped for the Chicago-based 7th Circuit Court of Appeals in 2017. Three years later, days after the death of liberal Justice Ruth Bader Ginsburg, Trump nominated Barrett, the ideological opposite of Ginsburg, to fill her seat.

What Durbin has been doing at the Senate Judiciary Committee hearings – and in a private call last week – is to talk to Barrett about the impact Supreme Court decisions have on real people, bringing up race, guns used for crimes in Chicago traced to Indiana and Mississippi, and the crucial need for health care coverage.

Barrett, a former Notre Dame Law School professor, is known for her conservatism. She shared with her mentor, the late Justice Antonin Scalia, her belief in originalism and textualism.

That is, she explained on Tuesday, interpreting the Constitution with the meaning the writers had when it was ratified and analyzing a statute using only the text.

Barrett mainly works and lives in South Bend,

Welcome to Thursday’s Overnight Health Care.



Donald Trump wearing a suit and tie: Overnight Health Care: Regeneron asks for emergency authorization of coronavirus treatment Trump received | McConnell says he hasn't visited White House in two months due to coronavirus | Employer-sponsored health insurance premiums rise 4 percent


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Overnight Health Care: Regeneron asks for emergency authorization of coronavirus treatment Trump received | McConnell says he hasn’t visited White House in two months due to coronavirus | Employer-sponsored health insurance premiums rise 4 percent

Regeneron filed for emergency authorization of its antibody COVID-19 treatment drug, just hours after President Trump claimed it basically cured him. Mitch McConnell hasn’t been to the White House in months, and a new analysis shows Americans’ job-based health care is continually getting more expensive.

We’ll start with Regeneron:

Regeneron asks for emergency authorization of coronavirus treatment Trump received

Biotech company Regeneron late Wednesday applied for emergency authorization for an experimental antibody treatment praised by President Trump.

“Subsequent to our discussions with regulatory authorities, we have submitted a request to the U.S. Food and Drug Administration for an Emergency Use Authorization (EUA) for our REGN-COV2 investigational antibody combination for COVID-19,” the company said in a news release.

The move came just hours after the president praised the efficacy of the treatment in a short video message posted on Twitter.

“They gave me Regeneron, it’s called Regeneron,” Trump said in the five-minute video Wednesday afternoon. “It was unbelievable. I felt good immediately. I felt as good three days ago as I do now.”

Why it matters: Trump was taking several drugs for his illness, so it’s not clear which helped him feel better. He claimed he has the “emergency use authorization all set,” but the FDA is supposed to make decisions based on science and not demands from the president. Regeneron’s drug is still undergoing clinical trials, and while early results seem promising, the company has not released data to back up its claims.

Read more here.

McConnell says he hasn’t visited White

Adds detail, context

JOHANNESBURG, Oct 8 (Reuters)Struggling state-owned agricultural lender Land Bank has asked South Africa for an extra 10 billion rand ($603 million) of government support over the next few years.

Land Bank, which has already had a 3 billion rand state cash injection in the 2020/21 fiscal year, has been in talks with creditors since it defaulted on its debt in April.

“We have proposed R7 billion in 2021/22, and R1 billion per annum for the following three financial years for development,” Land Bank told Reuters in an emailed response to questions.

Land Bank is also planning an asset reduction programme, it said in a presentation to parliament this week.

State firms have been a long-term drain on the finances of Africa’s most industrialised economy, requiring bailouts at a time of weak economic growth which have helped to tip its sovereign credit rating into “junk” status.

South Africa’s National Treasury said last month that the Post Office, public broadcaster SABC and state-controlled airport operator ACSA were seeking a combined 10 billion rand in bailouts.

Meanwhile, South African Airways is under a form of bankruptcy protection and may be granted further bailouts at a mid-term budget due this month.

($1 = 16.5904 rand)

(Reporting by Alexander Winning Editing by Nqobile Dludla and Alexander Smith)

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Democcratic vice presidential candidate Kamala Harris went after President Trump for not paying enough money in taxes, and questioned who he might owe money to.

“We now know because of great investigative journalism that Donald Trump paid $750 in taxes,” Harris said during Wednesday night’s vice presidential debate. “When I first heard about it, I literally said, ‘You mean $750,000?’ Nope $750.”

Harris was referring to a recent report by The New York Times, who obtained information on the president’s 2016 and 2017 taxes, both of which show he paid a total of $750 in federal taxes each year.

The Times also reported that he paid no federal income taxes for ten of the 15 years prior to winning the presidency in 2016, largely due to the fact that he reported financial loses greater than his income.

KAMALA HARRIS VOWS BIDEN WILL REPEAL TRUMP TAX CUTS ‘ON DAY ONE’

“We now know Donald Trump owes, and is in debt for $400 million, and just so that everyone is clear, when we say in debt – it means you owe money to somebody,” Harris said Wednesday in answer to a question about presidential transparency.

Harris added: “And it’d be really good to know who the president of the United States, the commander-in-chief owes money to, because the American people have a right to know what is influencing the president’s decisions and is he making those decisions on the best interests of the American people….or self-interest?”

Trump has disregarded the report as “fake news” and claimed that his tax returns would be available as soon as the IRS had completed their audit.

Pence, however, highlighted the president’s dismissal of the report and said, “the American people have a president who’s a businessman, a job creator, he’s paid tens of millions of dollars

In a discussion about financial transparency and President Trump’s refusal to release his tax returns, Sen. Kamala Harris said the American people have a right to know to whom President Trump owes money.

“The American people have a right to know what is influencing the president’s decisions,” she said. “And is he making those decisions on the best interests of the American people, of you, or self-interest. “

That information is public already: It’s part of the financial disclosures required of presidential candidates and senior public officials, and he owes money to Deutsche Bank among others.

Those disclosures are in broad ranges and they are different from tax returns. Mr. Trump’s refusal to release his tax returns departs from a norm that his predecessors followed and that former Vice President Joe Biden has followed, but the president has not done so.

Ms. Harris cited a New York Times report saying Mr. Trump paid $750 in federal income taxes in 2016 and 2017.

Mr. Pence said the president had paid tens of millions of dollars in taxes, but he offered an expansive definition that included payroll taxes and property taxes. That would go far beyond typical definitions of tax payments.

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