40 Burst results for "Chairman Jerome Powell"

Fresh update on "chairman jerome powell" discussed on AP 24 Hour News

AP 24 Hour News

01:06 min | 43.8591165 sec ago

Fresh update on "chairman jerome powell" discussed on AP 24 Hour News

"The Senate on a 67 32 vote moves of bipartisan $1 trillion infrastructure package to the floor for debate. A piece micro CIA has more on the Senate floor Wednesday night. Majority Leader Chuck Schumer hailed the vote as the Senate moved to proceed with work on a nearly $1 trillion bipartisan national infrastructure plan. I want to commend the group of senators who worked with President Biden To reach an agreement on a bipartisan infrastructure bill. The bill includes $550 billion in new spending on public works projects, according to a 57 page GOP summary obtained by The Associated Press. The package would be paid for by tapping some $205 billion an unspent covid 19 relief aid $53 billion in unemployment insurance aid halted by some states and it relies on economic growth to bring in $56 billion. Eventual approval of the final package could rise. Or fall on the assessment of the Congressional Budget Office as to whether it is fully paid for my cross to Washington. The outcome of the infrastructure bill could affect President Biden's $3.5 Trillion federal infusion for families, education and healthcare costs, a Medicare expansion and efforts to curb climate change if the infrastructure bill fails. It would be more difficult for moderate Democrats to back the president's much larger measure, which would need a simple majority to pass. Federal Reserve Board Chairman Jerome Powell says the economy is strengthening and making progress on unemployment and inflation goals. As far as interest rates. We continue to expect that it will be appropriate to maintain the current 0 to 1 quarter percent target range. For the federal funds rate until labor market conditions have reached level levels consistent with the committee's assessment of maximum employment. Inflation has risen to 2% 6 deaths, seven confirmed in Monday's crash of a twin engine jet near a golf course in the Lake Tahoe area. This is a P news Members of Congress are on edge after being told to again mask up as coronavirus infections climb around the country. A piece. Ben Thomas has details masks up front here. Here on the People's House congressman Chip Roy was among the conservative Republicans to revolt against the new math requirements, which came from the attending physician of Congress. It's an embarrassment. It's a mockery. The American people.

Ben Thomas Lake Tahoe $1 Trillion $550 Billion Monday $56 Billion $3.5 Trillion Congressional Budget Office 0 $53 Billion Wednesday Night Democrats Chip Roy 67 Republicans Congress People's House Washington 57 Page Jerome Powell
Fresh update on "chairman jerome powell" discussed on AP 24 Hour News

AP 24 Hour News

00:53 min | 19 min ago

Fresh update on "chairman jerome powell" discussed on AP 24 Hour News

"A P news. I'm Tim Maguire. A test vote is expected tonight in the Senate on the $1 Trillion bipartisan Infrastructure plan. Negotiators say they have a deal Ohio a Republican, Rob Portman, one of the lead negotiators, We look forward to moving ahead, having the opportunity to have a healthy debate here in the chamber. Regarding incredibly important project for the American people. Portman was flanked by four other Republican senators when he made his announcement. A total of 10 are needed to join with the 50 Democrats to move the bill along in the Senate. The outcome would set the stage for the next debate over the president's much more ambitious $3.5 trillion spending plan. Federal Reserve Board Chairman Jerome Powell says the economy is strengthening, making progress, unemployment and inflation goals as far as interest rates. We continue to expect that it will be appropriate to maintain the current 0 to 1 quarter percent target range for the federal funds rate until labor market conditions have reached level levels consistent with the committee's assessment of maximum employment. Inflation has risen to 2% suggests that the delta variant poses little threat to the economy. At least so far, Members of Congress have been told to again mask up as coronavirus. Infections climb masks up front here. Here on the People's House congressman Chip Roy was among the conservative Republicans to revolt against the new math requirements, which came from the attending physician of Congress. It's an embarrassment. It's a mockery. The American people are fed up. They.

Tim Maguire Rob Portman $3.5 Trillion 0 $1 Trillion 2% Portman Congress Republican Chip Roy Senate People's House Republicans Jerome Powell 10 1 Quarter Percent Tonight Congressman Federal Reserve Board Chairman
Fresh update on "chairman jerome powell" discussed on AP 24 Hour News

AP 24 Hour News

01:22 min | 40 min ago

Fresh update on "chairman jerome powell" discussed on AP 24 Hour News

"Lovin Sharp dressed Man, Cheap Sunglasses and LaGrange. On top of that, Hill said in a 2001 AP interview. ZZ Top where barbecue experts you just, uh, ask any of us in the will test it for you would be more than happy. I know it's a sacrifice, but I'm here to help Margie Szaroleta. A P news. I'm to McGuire the Senate on a 67 32 vote moves of bipartisan $1 trillion infrastructure package to the floor for debate a piece. My Gracia has more on the Senate floor Wednesday night. Majority Leader Chuck Schumer hailed the vote as the Senate moved to proceed with work on a nearly $1 trillion bipartisan national infrastructure plan. I want to commend the group of senators who worked with President Biden To reach an agreement on a bipartisan infrastructure bill. The bill includes $550 billion in new spending on public works projects, according to a 57 page GOP summary obtained by The Associated Press. The package would be paid for by tapping some $205 billion an unspent covid 19 relief aid $53 billion in unemployment insurance aid halted by some states and it relies on economic growth to bring in $56 billion. Eventual approval of the final package could rise. Or fall on the assessment of the Congressional Budget Office as to whether it is fully paid for my cross to Washington. The outcome of the infrastructure bill could affect President Biden is $3.5 Trillion federal infusion for families, education and healthcare costs, a Medicare expansion and efforts to curb climate change if the infrastructure bill fails. It would be more difficult for moderate Democrats to back the president's much larger measure, which would need a simple majority to pass. Federal Reserve Board Chairman Jerome Powell says the economy is strengthening and making progress on unemployment and inflation goals. As far as interest rates. We continue to expect that it will be appropriate to maintain the current 0 to 1 quarter percent target range. For the federal funds rate until labor market conditions have reached level levels consistent with the committee's assessment of maximum employment. Inflation has risen to 2% 6 deaths, seven confirmed in Monday's crash of a twin engine jet near a golf course in the Lake Tahoe area. This is a P news Members of Congress are on edge after being told to again mask up as coronavirus infections climb around the country. A piece. Ben Thomas has details masks up front here. Here on the People's House congressman Chip Roy was among the conservative Republicans to revolt against the new math requirements, which came from the attending physician of Congress. It's an embarrassment. It's a mockery. The American people are fed up. They want to go back to life..

Margie Szaroleta Ben Thomas $56 Billion $53 Billion Lake Tahoe 0 Monday $1 Trillion $550 Billion $3.5 Trillion Congressional Budget Office Congress Chip Roy Wednesday Night Democrats 2001 Mcguire Republicans 57 Page AP
Fresh update on "chairman jerome powell" discussed on Joe Pags

Joe Pags

01:44 min | 4 hrs ago

Fresh update on "chairman jerome powell" discussed on Joe Pags

"To wear a mask in indoor public settings, and the mayor says they're sending a letter to Governor Greg Abbott asking for help. They also want the governor to end a ban of mask mandates so they can be required in public buildings. Dusty Hill of ZZ Top, has died at the age of 72. The band made the announcement on his Facebook page today, saying the basis for the legendary rock group died at his home in Houston and asleep. Billy Gibbons and Frank Beard posted on Facebook, though Miss Hill steadfast presence in addition to his good nature, a two key economic sectors in Texas are expanding despite the doom and gloom of the pandemic, the Dallas Federal Reserve said Manufacturing and service industry sectors are signaling growth for July. The Feds Manufacturing production index, which measures Texas factory output is up over a point and a half, well above average. The revenue index of the service industry sector, which includes retail, healthcare, education and professional services, jumped four points. The Fed said economic activity is accelerating. But economists worry that a surge in covid cases could cause a backslide. Hamstringing the economic recovery in Austin, Eric like, UM NEWS radio 1200 W. O AI CBS Energy is preparing to resume disconnections this fall for customers who have not paid their power bills in a meeting on Monday, where members talked about pulling the plug as of October, 1st for customers more Than 30 days past due if they are not enrolled in a payment assistance program and haven't responded outreach efforts. Almost 50,000 customers who are partially paid, but not receiving assistance will go dark on November 1st president by interest, things are moving again in the United States. We designed our strategy not only provided temporary boost Delay the foundation for long term boom that brings everyone along. The president traveled to a Mack Trucks manufacturing plant in Pennsylvania and call the middle class workers the backbone of America, also saying labor unions built the middle class president Biden said his administration brought the economy back from the brink amid the covid pandemic. And Federal Reserve Chairman Jerome Powell says the central bank's keeping a close eye on rising number of covid 19 cases at the body met and decided to keep its current monetary policy in place, meaning interest rates will remain at historic lows. The palace of the remain focused on helping Americans get through the downturn caused by the pandemic, explaining that includes getting the nation to full employment. Get the latest news anytime anywhere. Just tell your voice activated. Smart device to play news. Radio 1200 w o a. I on my heart radio. I'm Carrie Laki news. Radio 1200 W away. I Use has its.

Frank Beard Billy Gibbons United States Dusty Hill Pennsylvania Monday Houston Austin Texas November 1St Dallas Federal Reserve July Biden Zz Top Jerome Powell Cbs Energy 19 Cases Mack Trucks FED Today
Fresh update on "chairman jerome powell" discussed on Glenn Beck

Glenn Beck

00:42 sec | 4 hrs ago

Fresh update on "chairman jerome powell" discussed on Glenn Beck

"I'm pleased to announce that the Greater Miami Chamber of Commerce through its foundation Has put together a site which is going to raise money for them. The Miami Marlins have kick started the effort with an initial $10,000 donation, the mayor says today it's more than 90 small businesses have been adversely impacted. Federal Reserve is leaving interest rates at historic lows. Chairman Jerome Powell says they're monitoring the increase. In covid cases, Progress on vaccinations has limited the spread of covid 19. However, the pace of vaccinations has slowed and the delta strain of the virus is spreading quickly in some areas. Continued progress on vaccinations would support a return to more normal economic conditions. I will says they're focused on supporting the nation's economy and taking a look at the numbers from Wall Street today. Mixed session Dow Jones Industrial Average Down 128 Points closed at 9 34,030, the S and P was down a fraction NASDAQ gained 7/10 of 1%. 102 points. It's 704 another update. Coming up at 7.

Greater Miami Chamber Of Comme 128 Points $10,000 Federal Reserve Today Nasdaq Jerome Powell 7. 9 34,030 704 More Than 90 Small Businesses 7/10 Miami Marlins 1%. 102 Points Chairman Dow Jones Industrial Average Wall 19 Street
Firms May Have To Disclose Climate-Related Risks In Financial Disclosures

Environment: NPR

02:00 min | 3 months ago

Firms May Have To Disclose Climate-Related Risks In Financial Disclosures

"The Companies like to talk about going green and fighting climate change but they're not necessarily keen to admit if They have a factory in an area prone to flooding or if their supplier was just hit by a hurricane. Npr's h j my explains that if regulators get their way that will change when software. Company hewlett packard. Enterprise was looking around houston for its new headquarters. It took all the usual things into consideration the location. The cost and also this flood plains historical weather events how to the freeways functions. They go underwater. Do they not executive john. Fry says accounting for the impacts of climate is something to company has been doing for years like when deciding where to locate headquarters. Hp learned this the hard way fry. Says he was in houston. The city got hit by hurricane harvey and twenty seven flooding the company's it data centers when you have actual live event. You discover things that you didn't consider now. Regulators like the securities and exchange commission the federal reserve and other planning to force companies to incorporate those type of climate risks. That's because natural disasters are expected to increase in frequency and intensity his fed. Chairman jerome powell. The reason we're focused on climate change is that our job is to make sure that financial institutions banks particularly the largest ones understand enter able to manage the significant risks last month. The sec issued a list of fifteen broad questions asking investors and the public. What information companies should be required to disclose the deadline for responses is june. It's a slow and methodical approach. That's because figuring out how climate change impacts businesses is not always easy. Says paula the purna on adviser nonprofit. Cdp if a factory burns down you see the fire. But if dealing with climate change is is a very insidious invisible risk

Hurricane Harvey HP Houston NPR Chairman Jerome Powell Hurricane Securities And Exchange Commis FRY Federal Reserve John Paula
Fed Chair Powell Says US Economy Poised for Stronger Growth

Stephanie Miller

00:27 sec | 3 months ago

Fed Chair Powell Says US Economy Poised for Stronger Growth

"Reserve chairman Jerome Powell told 60 minutes the nation's on the verge of a major economic change. What we're seeing now is really an economy that seems to be in an inflection point, and that's because of widespread vaccination and strong fiscal support Strong monetary policy support. We feel like we're at a place where the economy is about to start growing much more quickly. But Powell said the nation has not completely turned the corner and the pandemic is still a major risk to the economic recovery. Some

Jerome Powell Powell
Fed's Powell: US nears full reopening to 'different economy'

WSJ What's News

00:34 sec | 3 months ago

Fed's Powell: US nears full reopening to 'different economy'

"Federal reserve chairman. Jerome powell pointed to a strong march jobs report as a sign of continued economic recovery. But he says the fed is still waiting to see a significant improvement in the economy before easing supportive measures and we got a taste of what faster progress will look like with the march plummer report close to a million jobs particularly if you add in the revisions for january and february and we want to see a string of months like that so we can really begin to show progress toward our goals. Powell spoke today at a seminar on the global economy hosted by the international monetary fund. He also expressed the importance of vaccines for the us and global recovery.

Jerome Powell Federal Reserve Plummer Powell International Monetary Fund United States
Weekly Market Recap

Wall Street Breakfast

05:15 min | 4 months ago

Weekly Market Recap

"What moved markets this week the week ending friday march nineteenth twenty twenty one a week that was anchored by the fed interest rate decision and policy statement and ensuing press conference by chairman. Jerome powell the markets did not do very much earlier in the week in anticipation of this and originally greeted powell's statement loose monetary statements. I should say with bullishness with some buying occurring. After the fed meeting on wednesday afternoon that reversed on thursday as yields shot up and stock markets were sold off pretty dramatically in some instances. The nasdaq fell three percent on thursday. And today friday things are kind of shifting around a little bit. We had some selling earlier and they have since come in. Nasdaq is now up for the day. And we're looking at losses but not very big losses for the major indexes for this week so a big week especially when it comes to fed policy. Lot of commentary around that. And i'm looking forward to what my colleagues have to say about it. I will introduce them now. I am joined by sticking alpha editors brad olsen. Vp of news. Kim khanh senior news editor. Stephen alpher managing editor of breaking news. And i'm your host and moderator nathaniel e baker senior editor of strategic contributors kim. Let's start with you. What was your take on. The events of the week ultimate another volatile week and we've had to deal with You know stocks kind of being dragged around by yields again. But i think it's also maybe seemed worse than it was because of thursday's sharp selloff. But now we've got nasdaq. Maybe looking at if it goes down for the week before out of last five that it's been lower but it's got it's started to gain some traction today as we were talking. Could actually you know. Maybe we gained more traction pull out a win just barely for the week. I think inflation has been on. Everyone's mind and not whether or not there is inflation. Think pretty much people are green. But there is if you looked at The philly fed that was out this week The prices paid index jumped to the highest level. It's ever been it's been since march one thousand nine hundred eighty though. There's definitely i mean. The prices received also spike sharply. So there's definitely inflation being seen this inflation in the pipeline data on now. The question is whether it's good or bad inflation and a lot of times you know. Everyone's like okay rates are out in. The market's gonna sell off but you've had good years where rates have been going going up a bit because of growth in. The market's gone along with it so there's been a i think a lot of debate about that and also we're kind of seeing maybe some more evidence of rotation which is not necessarily rate striven just people just still taking are looking at growth and looking for these reopening stocks cyclical stocks and Selling some of the bigger tech names to buy those stocks. And that's going to have an outsized impact on the indexes. Yeah and i guess. The question is also whether the inflation that we're seeing is transitory to bar the feds term which basically apparently means they can just ignore it. Or if it's something a little bit more permanent which might get them to start tapering brad. What's your take. Who are the winners and losers. Definitely this week was a cyclical rally. You saw airlines takeoff literally Partially on the tsa data that we saw travelers start to move around the country. A little bit more aggressively young american airlines alaska air united airlines all up about double digits. Interestingly enough the thing. Sanford bernstein even called out some of the value names or more traditionally cyclical names as screening or momentum. So that's one of the first time i've ever happened or as happens in two thousand sixteen where the value names are now technically momentum names of this upswell of of equity interests that we've seen over the past couple weeks really pick up steam and so that that that involves autos materials energy etc over the past few weeks. Although this week energy was clearly a loser on that steep drop off that we saw an oil the admit marathon oil achy. Wheelock smell the trillium. They took it on the chin Crude i think it had its worst day since september Earlier this week so outside of the energy names. They're the sickles. Were still a big winner. Obviously i think you've powell tried to assuage your concerns about how aggressive the fed was going to be I think just he just issued another editorial earlier today discussing you know trying to reassure the markets. Hey the dove even though quite a few of the members did express an interest in in raising rates before twenty twenty three a still a minority of them obviously

Jerome Powell Brad Olsen Kim Khanh Stephen Alpher Nathaniel E Baker FED Powell Alpha KIM American Airlines Alaska Air U Sanford Bernstein TSA Brad Wheelock
Powell inflation comments send US stocks and bonds lower

WSJ Minute Briefing

00:12 sec | 5 months ago

Powell inflation comments send US stocks and bonds lower

"Sharply lower after federal reserve chairman. Jerome powell told the wall street journal's job some of this afternoon that while the fed plans to keep interest rates low for the foreseeable future. The economy is far from reaching full employment. Here's

Jerome Powell FED The Wall Street Journal
Did Bill Gates Seriously Short TSLA Stock

Tesla Daily: Tesla News & Analysis

05:37 min | 5 months ago

Did Bill Gates Seriously Short TSLA Stock

"Robbed our here and today we're going to be talking about bill gates response to on musk's claims the oregon podcast a couple of weeks. Back that get heard. That bill gates had been shorting stock. We've also got some news on the broader electric vehicle automotive market an interesting response from yvonne on an article from the washington post. And of course. We've gotta talk about tesla stock. It's about wild couple of days. We had the interview yesterday with alex rotter so we didn't get a chance to talk about it. But of course yesterday. Tuesday february twenty. Third tesla dropped to a low of six hundred nineteen dollars per share. That was down more than thirteen percent from the prior. Close then of course. We saw us swift recovery in the market. And from tesla tesla finishing down just two percent yesterday on the biggest volume day that we've seen in over a month and a half with sixty six million shares trading hands yesterday. So i talked about on monday and we briefly talked about yesterday in the interview as well. A lot of this is tied to expectation on interest rates. So yesterday fed chairman. Jerome powell made comments to congress. Indicating the current monetary policy is expected to continue for some time as economic uncertainty remains so not to get too deep into that. We've talked about that. Of course in the past but as far as tussles yesterday certainly was not isolated to tesla. Those sort of concerns were broadly extended to high growth. Stocks tussle obviously falls in that category. And i think the volatility there serves as a nice quarterly reminder that you have to be very very careful with stop losses on a volatile stock like tussle as for today tesla continue to rebound finishing up six point two percent to seven hundred and forty dollars two cents. That compared to the nasdaq up one percent. All right so i up today. I want to continue a conversation that we began a couple of weeks back after yvonne. Musk went on joe. Rogan's podcast for the third time and said that he had heard from people he believes would know that bill gates had shorted tesla. Yvonne brought that up in response to a question from joe rogan on the tesla semi citing that bill gates in a blog. Post a few months back had said that eighteen wheel electric semi is probably would never work so allen's claim here understand. We drawing a lot of attention not the first time something like this has happened between musk and gates last year. He did by his first electric vehicle. The porsche ticon. Which at the time. Maybe it wasn't so clear why he didn't by ordering vehicle up until that point. Well now we might have a better answer for that. But he talked about the decision in an interview with marquez brownlee and it seemed to be a relatively tepid endorsement of electric vehicles gatesville right up ranging anxiety as a problem and elon. Musk responded to that interview. Not necessarily gives purchase of tycoon but those comments in general by saying that quote my conversations with gates have been underwhelming to be honest and so that catches us up to today and then we have launched claiming that he heard gates which tesla now in the last week. We've had both cnbc and bloomberg asked gates directly about that claim. I think gates tone is important these responses so i will play the actual clip. The i wanna hear from andrew. Ross sorkin cnbc asking gates so so you're not sure tesla's stock were clear. Yeah i'm not. I don't talk about my investment. But i think he should be very proud of what he's done. Okay so technically there. He did say yeah. I'm not but it sounded like he was more starting a sentence of saying yeah. I'm not going to talk about my investments not yet. I'm not sure tesla because he interrupts himself and says i don't want to talk about my investments so to me. That's a no comment. Rather than a denial. What's interesting here is his reason saying he doesn't wanna talk about his investments but in the exact same interview. He talks about his investments multiple times. He says quote when i invested in impossible foods or beyond me or quantum scape. I was doing that just to help their own climate. Now it looks like those three will be very successful companies. And so i'll have more money to put into the tough areas a climate like cement and steel and quote. Okay so he says he doesn't want to talk about his investments but then he in response to another question talks about his investments in impossible foods beyond me quantum scape and then how does investments are doing and that i'll have more money to then go on an invest in other stuff. I mean how much more could you talk about your investments. And he uses the first person tense. You're saying i invested. He's asked about bitcoin and he says quote. I don't own bitcoin. I'm not short bitcoin. So i've taken a neutral view and quote so for bitcoin. Perfectly fine to say i'm not short bitcoin. Same question for tesla. oh. I don't want to talk about my investments that we just spent a bunch of time talking about. If you're not going to answer the question at least come up with a better non answer. That doesn't immediately contradict yourself. He has to have known that he'll be asked about that and yet seems completely content guard answer so that was last week if there was any doubt left after that because he did start off. By saying yeah. I'm not before interrupting himself as we said. Here's gates on bloomberg yesterday so we had five days to think about this answering the same question from emily. Chang yuan has in the past claimed you shorted tesla and i wonder if there's any truth to that Well you know i think. Test us on amazed seen company I wish you know own. Been more on the long side. But i it's it's great And you know i have. Lots of relatives won't tassels Helped by for them. So you know nothing. But positive thoughts about tesla role. Okay so if the answer to the cnbc question was a bit of a flood. There was a clear opportunity to just say. Hey i'm not sure. Tesla was jor tesla and again gates passes and he sure doesn't look comfortable to me answering the question. Belief is that it looks pretty clear. That bill gates was short. Tesla who knows if he's still is it'd be surprised but come on. How are you going to be all about climate change and then short the one company that's doing more than any other company on earth to combat it. If you don't think it's a good investment you think it's overvalued you can just not invest in it. No one has any problem with that but too short it push the stock price down. Make it more difficult for tesla to raise capital. That's something else entirely.

Tesla Bill Gates Gates Alex Rotter Tesla Tesla Jerome Powell Musk Yvonne Ticon Marquez Brownlee Ross Sorkin The Washington Post Joe Rogan Rogan
The Dollar Privilege

Why It Matters

05:30 min | 5 months ago

The Dollar Privilege

"Federal reserve is taking sweeping him trying to protect the economy from the corona virus. Fed chairman jerome. Powell announced interest rates will be drastically in one of the biggest bet moves since two thousand eight financial crisis in china has a huge vested interest in the american economy because it holds them almost twenty five percent of all four. No us us sanctions against iran over nuclear program were reintroduced iran's economies in freefall soaring inflation and push comes to shove all the world's reserve currency to start off what is a reserve currency. And why does it matter. So i think the first thing is to explain what a currency is before we get to reserve currency. This is sebastian. Mallaby a senior fellow for international economics at the council. You may remember him from our episode on the economic side of the kovic. Pandemic currency has a few different uses. One is that it's a unit of account. It's a way of putting a measure on what something might be worth. The second is once you've decided what it's worth that you should be able to transact transactions are the second idea that you can go buy stuff with the currency and a third idea is that you can use money as a store of value before you transact you can save up this currency and then transaction the future so for those keeping track at home money does three basic things. It lets us agree on prices. It lets us by things and it lets us save up so we can buy other things later now. The same three things that currency does for people reserve currencies do for entire countries pricing buying and saving so neutrally a reserve currency is the cars you hold in reserve s. So it's very linked to the last idea. I mentioned of a store of value and in particular we think of reserve banks central banks global central banks which hose currencies in reserve to protect their economies against there is kinds of financial or economic shock so a reserve currency really has a couple of different functions. One is to cover the need for future imports. If a country for example doesn't have its own energy. Supply needs to import oil. You might want to hold donaldson reserved to make sure that you can buy oil. You need in the future. The second reason central banks hold foreign currency reserves is because of the possibility of a financial crisis. And there again don't as a very useful because most institutions borrowing donna's so in a financial crisis they gonna need donna's to help them pay for fan. Central banks have the unique power to print money but in many other ways they're kind of like a scaled up version of an ordinary bank. Your local bank needs to have enough money to lend to people if they want to buy a home or if things get bad and they need to take some out a central bank needs to be able to do this to but for an entire country in order to be prepared for the future. They need to store up a significant amount of cash that they can trust. Foreign currencies are often a safer bet than a local currency especially in countries with weak or unstable economies. The safest bet of all is the us dollar. What role does the. Us dollars serve in the global reserve system. Will your stone. Now is the largest single reserve. Currency economists estimate that approximately sixty percent of foreign reserves around the world are in us dollars. This is roger ferguson. He is the president and ceo of ti which manages over one trillion in retirement funds for more than five million teachers government workers and well me turns out. Roger was also vice chairman of the board of governors of the federal reserve from nineteen ninety nine to two thousand six. This means he helped determine the supply of us dollars to the country and the world. The euro is about twenty percent the yen. The japanese currency is about five or six percent of british pound also about five or six percent until the us by way of the most important reserve currency. But it's not the only currency it's held in reserve by other economies. The chinese i think would like to see their currency. The renminbi become a larger currency in terms of its holdings as a reserve currency around the world than yet out in terms of reserves. They number four number five. When listed only about two percent. I can definitely remember going to europe at a time. When the euro was way up in my money didn't go as far and you're like damn i time. This really poorly are other countries literally buying dollars the way that i exchange currency when i visit a country. And where do they buy them from. It's not quite the same because they're not collecting lots of five dollar bills to put into a wallet in their belt. They're holding huge amounts and said what they do. is they earn. Us treasury bombs or other kinds of easily traded dollar denominated guns and that could be mortgage bonds as well but you know. Us government debts the most popular instrument to

Mallaby Federal Reserve Iran United States Jerome Donna Powell Sebastian Roger Ferguson Donaldson China Board Of Governors Of The Fede TI Roger
Powell stresses commitment to full employment and low rates

AP News Radio

00:43 sec | 6 months ago

Powell stresses commitment to full employment and low rates

"Federal reserve chairman Jerome Powell is stressing a commitment to full employment and low interest rates in a webcast to the economic club of New York Powell says the job market has improved during the pandemic he's hoping for full employment at present we are a long way from such a labor market Powell emphasized the loss of millions of jobs has fallen disproportionately on the least advantaged councils in addition workers and households who struggle to find their place in the post pandemic economy are likely to need continued support the same is true for many small businesses that are likely to prosper in once the pandemic is behind us Powell showed little concern about the risk of potentially high inflation or unpredictable financial markets at Donahue Washington

Jerome Powell Economic Club Of New York Powell Federal Reserve Washington
Fed stresses its commitment to low rates as economy stumbles

AP News Radio

00:48 sec | 6 months ago

Fed stresses its commitment to low rates as economy stumbles

"The federal reserve is pledging to keep its low interest rate policies in place until the corona virus pandemic is well behind us we're gonna remain accommodative until we actually see improvement in the economy and not just in the outlook and federal reserve board chairman Jerome Powell says the economy will remain at risk as long as the pandemic prevention bars and restaurants at four hundred thousand jobs we lost last month month and that's all because of the spread of the pandemic for its part the fed is keeping its benchmark short term interest rate pegged near zero and we'll keep buying treasury and mortgage bonds to keep longer term rates down he says Congress is relief bills have help too but ultimately getting the pandemic under control getting everyone vaccinated getting people wearing masks and all that that's the single most important economic growth policy Ben Thomas Washington

Jerome Powell Federal Reserve Federal Reserve Board Treasury Congress Ben Thomas Washington
$1,400 Checks And Help For The Jobless: What's In Biden's Plan To Rescue The Economy

NPR's Business Story of the Day

03:54 min | 6 months ago

$1,400 Checks And Help For The Jobless: What's In Biden's Plan To Rescue The Economy

"President elect joe biden. Says if the us is going to come back from his pandemic it has to spend big biden outlined his strategy last night. It's an ambitious plan with a total price. Tag of one point nine trillion dollars in additional congressional aide. Npr's scott horsely is with us this morning. Hi scott good morning rachel. At this point congress has already allocated around four trillion dollars in federal relief aid for the pandemic but biden. Now clearly saying that's not enough this right. He acknowledged the fixes. He's proposing won't come cheap but he warned. The cost of inaction would be even higher. He spoke at a time. When we're losing more than four thousand people every day to covid nineteen and more than eighteen. Million americans are still out of work. Crisis of deep human suffering is in plain sight. There's no time to waste. We have to act now in recent weeks. We've seen a frightening surge in both death and new infections and beyond the illness and the loss of life. There's been a serious toll on the economy. Rachel just last week more than one point. Two million people filed new applications for unemployment relief. We're still short millions of jobs and we actually lost jobs. In december for the first time. Since april let's focus in on on specifically the pandemic. How does biden proposed getting out of that. He was more aggressive federal response. You know president trump a lot of emphasis on developing new vaccines in record time. But once they were in hand the administration really left it up to states to distribute them. And it's gone much more slowly than promised in fact biden branded the rollout so far a quote dismal failure The president-elect is calling on congress has been twenty billion dollars on a nationwide vaccine campaign and he wants to hire one hundred thousand additional public health workers we'll have to move heaven and earth to get more people vaccinated create more places for them to get vaccinated to mobilize more medical teams to get shots and people's arms to increase vaccine supply to get it out the door as fast as possible. Federal reserve chairman. Jerome powell underscored that point yesterday saying the single most important economic policy in the country right now is healthcare policy right. They're completely entwined so. Even if biden meets his goal of delivering one hundred million shots in his first hundred days which experts say is a stretch. Right that's not suddenly gonna fix the job market. What is biden saying about that right. So he's calling for another round of direct payments. Have fourteen hundred dollars for most american. That's on top of the six hundred dollar payments that were approved last month he also wants to increase unemployment benefits and importantly he wants to extend those benefits through september or even longer if conditions warrant. He's also calling for hundreds of billions of dollars in spending to help schools reopen safely and help state and local governments keep teachers and police and firefighters on the job and he's proposing some longer term measures including a boost in the minimum wage to fifteen dollars an hour. I mean i guess. He's got some support in congress. It's tipping his direction. But what are the chances that actually gets through uncertain you know. Democrats have the narrowest possible margin in the senate and not much bigger majority in the house. as much as the president-elect is urging law makers to act quickly he acknowledged this is not gonna be like throwing a light switch when he takes office next week. We didn't get into all this overnight won't get out of it overnight. We can't do it as a separate divided nation only way we can do. It is to come together to come together as fellow americans as neighbors that is obviously a very different tone than what we've been hearing in washington lately. Certainly parts of the biden plan are not gonna win. Bipartisan support of the chamber of commerce for example are very skeptical of that fifteen dollars minimum wage but the chamber put out a support a statement especially about the vaccine turbo charging. You know everybody wants to put this pandemic behind them as quickly as possible.

Biden President Elect Joe Biden Scott Horsely Congress Jerome Powell NPR Rachel Scott Federal Reserve United States Senate Chamber Of Commerce For Exampl Washington
Fed keeps rate near zero and sees brighter economy in 2021

AP 24 Hour News

00:31 sec | 7 months ago

Fed keeps rate near zero and sees brighter economy in 2021

"SOCCER MAHOGANY Washington Federal Reserve Board Chairman Jerome Powell says a key interest rate will remain near zero. As the economy continues to struggle. During the pandemic. We will continue to increase our holdings of Treasury securities by at least 80 billion per month. And of agency mortgage backed securities by at least 40 billion per month until substantial further progress has been made toward our maximum employment and price stability goals. Fed officials painted a brighter picture of for the economy next year,

Washington Federal Reserve Boa Jerome Powell Treasury Securities Soccer FED
Fed Joins Climate Network, to Applause From the Left

NPR News Now

00:49 sec | 8 months ago

Fed Joins Climate Network, to Applause From the Left

"The federal reserve is teaming up with its international counterparts to help assess the financial risks associated with climate change details from npr scott horsely. The fed has already been working informally with the network for a year central banks and bank regulators around the world look for ways to for climate change fed chairman. Jerome powell says he looks forward to deepening those discussions now. The fed has officially joined the network while other agencies have larger roles to play in setting climate policy. The fed is charged with ensuring the stability of the financial system. A changing climate is one of many risks that could affect that last week. A group of house. Republicans warn the fed to proceed cautiously in this area. The gop lawmakers argue that assessing climate risk is challenging and they worry it could jeopardize bank financing for fossil fuel

FED Scott Horsely Jerome Powell NPR GOP
CDC panel is set to vote Tuesday on who gets coronavirus vaccine first

WSJ What's News

01:19 min | 8 months ago

CDC panel is set to vote Tuesday on who gets coronavirus vaccine first

"A panel of experts advising the us centers for disease control and prevention is expected to offer its initial recommendation today on who should get priority for the covid. Nineteen vaccines health. Workers treating corona virus. Patients are expected to be on the top of the list along with nursing. Home residents states wouldn't have to follow the recommendations. These are merely guidelines visor in biontech. Said they would deliver about twenty five million doses by the end of the year. That's probably enough. For twelve point. Five million americans madonna projects about twenty million doses cases of the corona virus infected people in the us as early as mid december twenty nineteen according to scientists at the cdc a study of blood samples revealed the presence of antibodies specific to covid nineteen suggesting that the virus was spreading in western us states before public health officials and researchers initially thought. The economic impact of the pandemic will be discussed in washington today. Federal reserve chairman. Jerome powell and treasury secretary steven mnuchin will appear before a congressional hearing to present a report on the cares act in november. Mnuchin said he would allow some emergency lending programs as part of the stimulus deal to expire at the end of the year opening a divide with the central bank.

Disease Control And Prevention United States Madonna Jerome Powell CDC Steven Mnuchin Mnuchin Federal Reserve Treasury Washington
Congress deadlocked on stimulus as lame duck begins

WBZ Overnight News

01:26 min | 8 months ago

Congress deadlocked on stimulus as lame duck begins

"News Senate Minority leader, Chuck Schumer called on Republicans to join his party and passing another bipartisan coronavirus relief bill, saying Democrats were able to negotiate with the Trump administration. But not with Senate Republicans. At the start of this crisis, Democrats came together in a flurry of negotiations. I was thickly involved in them with Secretary Mnuchin. To pass a bill that truly met the moment. Now we're about to reach a new, more difficult stage of the crisis. We need to renew that spirit that urgency that bipartisanship. Senate Majority Leader Mitch McConnell called for another coronavirus stimulus package amid surging cases while blaming Democrats accusing them of stonewalling, with the coronavirus surging from coast to coast. American people have gone entirely entirely without any additional aid, even the least controversial most bipartisan programs. Because the Democrats say no Federal Reserve Chairman Jerome Powell says that the pace of improvement in the economy has moderated in recent months with future prospects remaining in his words extraordinarily uncertain. In remarks released by the Fed on Monday, Powell said that the increase in new covert 19 cases both in the U. S and abroad was concerning and could prove challenging for the next

Senate Minority Trump Administration Secretary Mnuchin Chuck Schumer Senate Majority Mitch Mcconnell Senate Chairman Jerome Powell FED Powell U.
Powell says pace of economic improvement has moderated

AP News Radio

00:55 sec | 8 months ago

Powell says pace of economic improvement has moderated

"The head of the federal reserve will tell lawmakers in a Tuesday hearing the pandemic has left to the prospects of a quick economic recovery extraordinarily uncertain in remarks released ahead of a Senate banking committee hearing fed chairman Jerome Powell says the surgeon new probate cases in the U. S. and abroad is concerning and could prove challenging for the next few months he says a full economic recovery is unlikely until people are confident it's safe to re engage in a broad range of activities palaces that vaccine distribution will be challenging making it difficult to assess the economic implications of that process both Powell and treasury secretary Steven Mnuchin are testifying Mnuchin's remarks indicate that the trump administration is still willing to support a targeted fiscal package to provide further economic relief Jackie Quinn Washington

Senate Banking Committee Jerome Powell U. S. Federal Reserve Steven Mnuchin Mnuchin Trump Administration Powell Treasury Jackie Quinn Washington
Biden to pick Janet Yellen for Treasury secretary

WSJ Opinion: Potomac Watch

00:46 sec | 8 months ago

Biden to pick Janet Yellen for Treasury secretary

"On the economic side. Meanwhile the the big Appointment that has been announced so far is made new. So far is janet yellen for treasury secretary. Yellen goes back away. She was chair of a president. Clinton's council on economic advisers and then did long service at the federal reserve and on one hand. Jason it's not elizabeth warren who reportedly wanted the treasury secretaries job but the issue raised in the journal's editorial today is the question of the fed's independence and i'll just a line here The royal says Museology worked with current fed chairman. Jerome powell during the obama years and they are likely to form a mind meld. Fiscal and monetary policy.

Janet Yellen Yellen Treasury FED Elizabeth Warren Clinton Museology Jason Jerome Powell Journal Barack Obama
Fed leaves key interest rate unchanged,

Financial Issues with Dan Celia

00:27 sec | 9 months ago

Fed leaves key interest rate unchanged,

"Fed Reserve Chairman Jerome Powell says interest rates will remain on change. The feds, near zero benchmark rate will hold to help deal with the economic impacts of the ongoing Corona virus outbreak as faras how the economy is doing regarding the Corona virus outbreak. The Federal Reserve's response to this crisis has been guided by our mandate to promote maximum employment and stable prices for the American people, along with our responsibilities to promote the stability of the financial

Chairman Jerome Powell Fed Reserve Federal Reserve
Trump halts COVID-19 relief talks until after election

AP News Radio

00:45 sec | 10 months ago

Trump halts COVID-19 relief talks until after election

"Hi Mike Rossi reporting president trump tables talks on corona virus stimulus until after election day there will not be a new covert nineteen stimulus package before election day president Donald Trump was quarantining in the White House with a case of cold it announced via tweet he's asked Senate Majority Leader Mitch McConnell to put all of his focus on confirming Supreme Court nominee Amy Coney Barrett on Capitol Hill McConnell was asked about trump's decision that they were not going to produce results trump announced his decision despite remarks earlier in the day from federal reserve chairman Jerome Powell who warned of unnecessary hardship for households and businesses without government support micron CEO Washington

Mike Rossi Donald Trump White House Mitch Mcconnell Amy Coney Barrett Chairman President Trump Senate Supreme Court Jerome Powell Ceo Washington
"chairman jerome powell" Discussed on Anderson Cooper 360

Anderson Cooper 360

02:59 min | 2 years ago

"chairman jerome powell" Discussed on Anderson Cooper 360

"Is there a plan other than criticizing the chairman of the federal reserve. I mean and again this comes on the heels of the china tariffs being postponed bone so as not to freak people out over christmas anderson. It seems like the plan is to fix the blame on the federal reserve chairman jerome powell. We can tell you that his top trade advisor peter navarro he was on fox earlier today. Describing this as a fed downturn not trump downturn but a federal downturn after months of top administration officials touting the president's handling of the economy you'll recall earlier this year larry cudlow just in may <hes> saying that they were killing it on the economy. They're not making those kinds of bold statements <hes> this evening but anderson you're right. They did make this major reversal on tariffs on china yesterday delaying them a new round of saying a new round of terrorists. I should say until december. The president almost acknowledged the obvious yesterday which is these terrorists are being passed the cost also these tariffs are being passed on to consumers and then the commerce secretary wilbur ross earlier today said once again that they're trying to protect the christmas shopping season anderson that's once again an an acknowledgement that the president's tariffs has trade war with china is having a negative effect on consumers and they're very worried about it inside the administration. I talked to a source close to the white house earlier this evening evening. Who said <hes> as economy goes so go. The president's reelection prospects pretenders system appreciate it. Thank you more now from c._n._n. Political commentator in washington post opinion columnist calmness <hes> katharine graham pell who covers the economy also c._n._n. Political analysts in new york times white house correspondent maggie haberman <hes>. Do you agree with that as the economy economy goes so goes the prospect for president trump. That's and i think the president's own advisers look at it that way. I don't think they think that is the only issue that he is going to be facing reelection on but it is certainly certainly the one that he has staked a lot of brown on the president himself. We know over the last two and a half years has treated the stock market like his poll and he has watched it. Go up is treated as if that was something to celebrate he rarely talks about when it goes down but what he has come to believe over warnings repeatedly when the stock market has taken a dip he then tells advisors it will eventually come back up and he has come to experience that over these sort of lurches on the economy. This one feels a little different so we will say catherine. I mean this economic indicator pointing toward a possible looming recession if you can't just kind of explain what it is to to all of us and how successful indicator has been sure so basically in order to <hes> in order to lend someone money generally for a longer period of time generally oh you expect them a bigger return right. That's why longer-term bonds tend to have higher yields than shorter term bonds. We're seeing a reversal of that which suggests that markets. I believe that basically the fed is going to have to cut rates. The economy's going to weekend that we're going to have less inflation going forward so it's an indicator in the past of a looming recession..

president china chairman of the federal reserv chairman fed anderson jerome powell washington post white house new york wilbur ross katharine graham pell peter navarro white house correspondent larry cudlow advisor maggie haberman fox
"chairman jerome powell" Discussed on Anderson Cooper 360

Anderson Cooper 360

02:59 min | 2 years ago

"chairman jerome powell" Discussed on Anderson Cooper 360

"Is there a plan other than criticizing the chairman of the federal reserve. I mean and again this comes on the heels of the china tariffs being postponed bone so as not to freak people out over christmas anderson. It seems like the plan is to fix the blame on the federal reserve chairman jerome powell. We can tell you that his top trade advisor peter navarro he was on fox earlier today. Describing this as a fed downturn not trump downturn but a federal downturn after months of top administration officials touting the president's handling of the economy you'll recall earlier this year larry cudlow just in may <hes> saying that they were killing it on the economy. They're not making those kinds of bold statements <hes> this evening but anderson you're right. They did make this major reversal on tariffs on china yesterday delaying them a new round of saying a new round of terrorists. I should say until december. The president almost acknowledged the obvious yesterday which is these terrorists are being passed the cost also these tariffs are being passed on to consumers and then the commerce secretary wilbur ross earlier today said once again that they're trying to protect the christmas shopping season anderson that's once again an an acknowledgement that the president's tariffs has trade war with china is having a negative effect on consumers and they're very worried about it inside the administration. I talked to a source close to the white house earlier this evening evening. Who said <hes> as economy goes so go. The president's reelection prospects pretenders system appreciate it. Thank you more now from c._n._n. Political commentator in washington post opinion columnist calmness <hes> katharine graham pell who covers the economy also c._n._n. Political analysts in new york times white house correspondent maggie haberman <hes>. Do you agree with that as the economy economy goes so goes the prospect for president trump. That's and i think the president's own advisers look at it that way. I don't think they think that is the only issue that he is going to be facing reelection on but it is certainly certainly the one that he has staked a lot of brown on the president himself. We know over the last two and a half years has treated the stock market like his poll and he has watched it. Go up is treated as if that was something to celebrate he rarely talks about when it goes down but what he has come to believe over warnings repeatedly when the stock market has taken a dip he then tells advisors it will eventually come back up and he has come to experience that over these sort of lurches on the economy. This one feels a little different so we will say catherine. I mean this economic indicator pointing toward a possible looming recession if you can't just kind of explain what it is to to all of us and how successful indicator has been sure so basically in order to <hes> in order to lend someone money generally for a longer period of time generally oh you expect them a bigger return right. That's why longer-term bonds tend to have higher yields than shorter term bonds. We're seeing a reversal of that which suggests that markets. I believe that basically the fed is going to have to cut rates. The economy's going to weekend that we're going to have less inflation going forward so it's an indicator in the past of a looming recession..

president china chairman of the federal reserv chairman fed anderson jerome powell washington post white house new york wilbur ross katharine graham pell peter navarro white house correspondent larry cudlow advisor maggie haberman fox
"chairman jerome powell" Discussed on Anderson Cooper 360

Anderson Cooper 360

02:59 min | 2 years ago

"chairman jerome powell" Discussed on Anderson Cooper 360

"Is there a plan other than criticizing the chairman of the federal reserve. I mean and again this comes on the heels of the china tariffs being postponed bone so as not to freak people out over christmas anderson. It seems like the plan is to fix the blame on the federal reserve chairman jerome powell. We can tell you that his top trade advisor peter navarro he was on fox earlier today. Describing this as a fed downturn not trump downturn but a federal downturn after months of top administration officials touting the president's handling of the economy you'll recall earlier this year larry cudlow just in may <hes> saying that they were killing it on the economy. They're not making those kinds of bold statements <hes> this evening but anderson you're right. They did make this major reversal on tariffs on china yesterday delaying them a new round of saying a new round of terrorists. I should say until december. The president almost acknowledged the obvious yesterday which is these terrorists are being passed the cost also these tariffs are being passed on to consumers and then the commerce secretary wilbur ross earlier today said once again that they're trying to protect the christmas shopping season anderson that's once again an an acknowledgement that the president's tariffs has trade war with china is having a negative effect on consumers and they're very worried about it inside the administration. I talked to a source close to the white house earlier this evening evening. Who said <hes> as economy goes so go. The president's reelection prospects pretenders system appreciate it. Thank you more now from c._n._n. Political commentator in washington post opinion columnist calmness <hes> katharine graham pell who covers the economy also c._n._n. Political analysts in new york times white house correspondent maggie haberman <hes>. Do you agree with that as the economy economy goes so goes the prospect for president trump. That's and i think the president's own advisers look at it that way. I don't think they think that is the only issue that he is going to be facing reelection on but it is certainly certainly the one that he has staked a lot of brown on the president himself. We know over the last two and a half years has treated the stock market like his poll and he has watched it. Go up is treated as if that was something to celebrate he rarely talks about when it goes down but what he has come to believe over warnings repeatedly when the stock market has taken a dip he then tells advisors it will eventually come back up and he has come to experience that over these sort of lurches on the economy. This one feels a little different so we will say catherine. I mean this economic indicator pointing toward a possible looming recession if you can't just kind of explain what it is to to all of us and how successful indicator has been sure so basically in order to <hes> in order to lend someone money generally for a longer period of time generally oh you expect them a bigger return right. That's why longer-term bonds tend to have higher yields than shorter term bonds. We're seeing a reversal of that which suggests that markets. I believe that basically the fed is going to have to cut rates. The economy's going to weekend that we're going to have less inflation going forward so it's an indicator in the past of a looming recession..

president china chairman of the federal reserv chairman fed anderson jerome powell washington post white house new york wilbur ross katharine graham pell peter navarro white house correspondent larry cudlow advisor maggie haberman fox
"chairman jerome powell" Discussed on Anderson Cooper 360

Anderson Cooper 360

02:59 min | 2 years ago

"chairman jerome powell" Discussed on Anderson Cooper 360

"Is there a plan other than criticizing the chairman of the federal reserve. I mean and again this comes on the heels of the china tariffs being postponed bone so as not to freak people out over christmas anderson. It seems like the plan is to fix the blame on the federal reserve chairman jerome powell. We can tell you that his top trade advisor peter navarro he was on fox earlier today. Describing this as a fed downturn not trump downturn but a federal downturn after months of top administration officials touting the president's handling of the economy you'll recall earlier this year larry cudlow just in may <hes> saying that they were killing it on the economy. They're not making those kinds of bold statements <hes> this evening but anderson you're right. They did make this major reversal on tariffs on china yesterday delaying them a new round of saying a new round of terrorists. I should say until december. The president almost acknowledged the obvious yesterday which is these terrorists are being passed the cost also these tariffs are being passed on to consumers and then the commerce secretary wilbur ross earlier today said once again that they're trying to protect the christmas shopping season anderson that's once again an an acknowledgement that the president's tariffs has trade war with china is having a negative effect on consumers and they're very worried about it inside the administration. I talked to a source close to the white house earlier this evening evening. Who said <hes> as economy goes so go. The president's reelection prospects pretenders system appreciate it. Thank you more now from c._n._n. Political commentator in washington post opinion columnist calmness <hes> katharine graham pell who covers the economy also c._n._n. Political analysts in new york times white house correspondent maggie haberman <hes>. Do you agree with that as the economy economy goes so goes the prospect for president trump. That's and i think the president's own advisers look at it that way. I don't think they think that is the only issue that he is going to be facing reelection on but it is certainly certainly the one that he has staked a lot of brown on the president himself. We know over the last two and a half years has treated the stock market like his poll and he has watched it. Go up is treated as if that was something to celebrate he rarely talks about when it goes down but what he has come to believe over warnings repeatedly when the stock market has taken a dip he then tells advisors it will eventually come back up and he has come to experience that over these sort of lurches on the economy. This one feels a little different so we will say catherine. I mean this economic indicator pointing toward a possible looming recession if you can't just kind of explain what it is to to all of us and how successful indicator has been sure so basically in order to <hes> in order to lend someone money generally for a longer period of time generally oh you expect them a bigger return right. That's why longer-term bonds tend to have higher yields than shorter term bonds. We're seeing a reversal of that which suggests that markets. I believe that basically the fed is going to have to cut rates. The economy's going to weekend that we're going to have less inflation going forward so it's an indicator in the past of a looming recession..

president china chairman of the federal reserv chairman fed anderson jerome powell washington post white house new york wilbur ross katharine graham pell peter navarro white house correspondent larry cudlow advisor maggie haberman fox
"chairman jerome powell" Discussed on Anderson Cooper 360

Anderson Cooper 360

02:59 min | 2 years ago

"chairman jerome powell" Discussed on Anderson Cooper 360

"Is there a plan other than criticizing the chairman of the federal reserve. I mean and again this comes on the heels of the china tariffs being postponed bone so as not to freak people out over christmas anderson. It seems like the plan is to fix the blame on the federal reserve chairman jerome powell. We can tell you that his top trade advisor peter navarro he was on fox earlier today. Describing this as a fed downturn not trump downturn but a federal downturn after months of top administration officials touting the president's handling of the economy you'll recall earlier this year larry cudlow just in may <hes> saying that they were killing it on the economy. They're not making those kinds of bold statements <hes> this evening but anderson you're right. They did make this major reversal on tariffs on china yesterday delaying them a new round of saying a new round of terrorists. I should say until december. The president almost acknowledged the obvious yesterday which is these terrorists are being passed the cost also these tariffs are being passed on to consumers and then the commerce secretary wilbur ross earlier today said once again that they're trying to protect the christmas shopping season anderson that's once again an an acknowledgement that the president's tariffs has trade war with china is having a negative effect on consumers and they're very worried about it inside the administration. I talked to a source close to the white house earlier this evening evening. Who said <hes> as economy goes so go. The president's reelection prospects pretenders system appreciate it. Thank you more now from c._n._n. Political commentator in washington post opinion columnist calmness <hes> katharine graham pell who covers the economy also c._n._n. Political analysts in new york times white house correspondent maggie haberman <hes>. Do you agree with that as the economy economy goes so goes the prospect for president trump. That's and i think the president's own advisers look at it that way. I don't think they think that is the only issue that he is going to be facing reelection on but it is certainly certainly the one that he has staked a lot of brown on the president himself. We know over the last two and a half years has treated the stock market like his poll and he has watched it. Go up is treated as if that was something to celebrate he rarely talks about when it goes down but what he has come to believe over warnings repeatedly when the stock market has taken a dip he then tells advisors it will eventually come back up and he has come to experience that over these sort of lurches on the economy. This one feels a little different so we will say catherine. I mean this economic indicator pointing toward a possible looming recession if you can't just kind of explain what it is to to all of us and how successful indicator has been sure so basically in order to <hes> in order to lend someone money generally for a longer period of time generally oh you expect them a bigger return right. That's why longer-term bonds tend to have higher yields than shorter term bonds. We're seeing a reversal of that which suggests that markets. I believe that basically the fed is going to have to cut rates. The economy's going to weekend that we're going to have less inflation going forward so it's an indicator in the past of a looming recession..

president china chairman of the federal reserv chairman fed anderson jerome powell washington post white house new york wilbur ross katharine graham pell peter navarro white house correspondent larry cudlow advisor maggie haberman fox
"chairman jerome powell" Discussed on Anderson Cooper 360

Anderson Cooper 360

02:59 min | 2 years ago

"chairman jerome powell" Discussed on Anderson Cooper 360

"Is there a plan other than criticizing the chairman of the federal reserve. I mean and again this comes on the heels of the china tariffs being postponed bone so as not to freak people out over christmas anderson. It seems like the plan is to fix the blame on the federal reserve chairman jerome powell. We can tell you that his top trade advisor peter navarro he was on fox earlier today. Describing this as a fed downturn not trump downturn but a federal downturn after months of top administration officials touting the president's handling of the economy you'll recall earlier this year larry cudlow just in may <hes> saying that they were killing it on the economy. They're not making those kinds of bold statements <hes> this evening but anderson you're right. They did make this major reversal on tariffs on china yesterday delaying them a new round of saying a new round of terrorists. I should say until december. The president almost acknowledged the obvious yesterday which is these terrorists are being passed the cost also these tariffs are being passed on to consumers and then the commerce secretary wilbur ross earlier today said once again that they're trying to protect the christmas shopping season anderson that's once again an an acknowledgement that the president's tariffs has trade war with china is having a negative effect on consumers and they're very worried about it inside the administration. I talked to a source close to the white house earlier this evening evening. Who said <hes> as economy goes so go. The president's reelection prospects pretenders system appreciate it. Thank you more now from c._n._n. Political commentator in washington post opinion columnist calmness <hes> katharine graham pell who covers the economy also c._n._n. Political analysts in new york times white house correspondent maggie haberman <hes>. Do you agree with that as the economy economy goes so goes the prospect for president trump. That's and i think the president's own advisers look at it that way. I don't think they think that is the only issue that he is going to be facing reelection on but it is certainly certainly the one that he has staked a lot of brown on the president himself. We know over the last two and a half years has treated the stock market like his poll and he has watched it. Go up is treated as if that was something to celebrate he rarely talks about when it goes down but what he has come to believe over warnings repeatedly when the stock market has taken a dip he then tells advisors it will eventually come back up and he has come to experience that over these sort of lurches on the economy. This one feels a little different so we will say catherine. I mean this economic indicator pointing toward a possible looming recession if you can't just kind of explain what it is to to all of us and how successful indicator has been sure so basically in order to <hes> in order to lend someone money generally for a longer period of time generally oh you expect them a bigger return right. That's why longer-term bonds tend to have higher yields than shorter term bonds. We're seeing a reversal of that which suggests that markets. I believe that basically the fed is going to have to cut rates. The economy's going to weekend that we're going to have less inflation going forward so it's an indicator in the past of a looming recession..

president china chairman of the federal reserv chairman fed anderson jerome powell washington post white house new york wilbur ross katharine graham pell peter navarro white house correspondent larry cudlow advisor maggie haberman fox
"chairman jerome powell" Discussed on Anderson Cooper 360

Anderson Cooper 360

02:59 min | 2 years ago

"chairman jerome powell" Discussed on Anderson Cooper 360

"Is there a plan other than criticizing the chairman of the federal reserve. I mean and again this comes on the heels of the china tariffs being postponed bone so as not to freak people out over christmas anderson. It seems like the plan is to fix the blame on the federal reserve chairman jerome powell. We can tell you that his top trade advisor peter navarro he was on fox earlier today. Describing this as a fed downturn not trump downturn but a federal downturn after months of top administration officials touting the president's handling of the economy you'll recall earlier this year larry cudlow just in may <hes> saying that they were killing it on the economy. They're not making those kinds of bold statements <hes> this evening but anderson you're right. They did make this major reversal on tariffs on china yesterday delaying them a new round of saying a new round of terrorists. I should say until december. The president almost acknowledged the obvious yesterday which is these terrorists are being passed the cost also these tariffs are being passed on to consumers and then the commerce secretary wilbur ross earlier today said once again that they're trying to protect the christmas shopping season anderson that's once again an an acknowledgement that the president's tariffs has trade war with china is having a negative effect on consumers and they're very worried about it inside the administration. I talked to a source close to the white house earlier this evening evening. Who said <hes> as economy goes so go. The president's reelection prospects pretenders system appreciate it. Thank you more now from c._n._n. Political commentator in washington post opinion columnist calmness <hes> katharine graham pell who covers the economy also c._n._n. Political analysts in new york times white house correspondent maggie haberman <hes>. Do you agree with that as the economy economy goes so goes the prospect for president trump. That's and i think the president's own advisers look at it that way. I don't think they think that is the only issue that he is going to be facing reelection on but it is certainly certainly the one that he has staked a lot of brown on the president himself. We know over the last two and a half years has treated the stock market like his poll and he has watched it. Go up is treated as if that was something to celebrate he rarely talks about when it goes down but what he has come to believe over warnings repeatedly when the stock market has taken a dip he then tells advisors it will eventually come back up and he has come to experience that over these sort of lurches on the economy. This one feels a little different so we will say catherine. I mean this economic indicator pointing toward a possible looming recession if you can't just kind of explain what it is to to all of us and how successful indicator has been sure so basically in order to <hes> in order to lend someone money generally for a longer period of time generally oh you expect them a bigger return right. That's why longer-term bonds tend to have higher yields than shorter term bonds. We're seeing a reversal of that which suggests that markets. I believe that basically the fed is going to have to cut rates. The economy's going to weekend that we're going to have less inflation going forward so it's an indicator in the past of a looming recession..

president china chairman of the federal reserv chairman fed anderson jerome powell washington post white house new york wilbur ross katharine graham pell peter navarro white house correspondent larry cudlow advisor maggie haberman fox
"chairman jerome powell" Discussed on AM 970 The Answer

AM 970 The Answer

01:42 min | 2 years ago

"chairman jerome powell" Discussed on AM 970 The Answer

"The cost insisting that the toughest deal we could there is a value to a short guilty plea because letting him walk leading what the state attorney was ready to to go forward what had been absolutely awful Costa said state authorities plan to go after resting with charges that would have resulted in no jail time until his office intervene and pressed for tougher consequences a failed attempt by firing in boats to capture British oil tank on the street of war moos after they were repelled by a Royal Navy frigate who was escorting the boat HMS Montrose trained its guns on the Iranians giving them arrival warning to back off the ship federal reserve chairman Jerome Powell signaling that he a interest rates may be interest rate cuts that is maybe on the horizon Wally Hines has details in his twice a year report to Congress how sending signals that a rate cut is on the way growth and business investment seems to have slowed notably and overall growth in the second quarter appears to have moderated the slowdown in business fixed investment may reflect concerns about trade tensions and slower growth in the global economy analysts see that as a sign the fed is ready to cut interest rates for the first time in a decade possibly later this month to prepare for next week's high stakes hearing with special counsel Robert Muller some democratic members and staff are watching a video of his previous testimony others say they are closely re reading Mahler's four hundred forty eight page report news and analysis of townhall dot com when it comes to your pain many of you might be skeptical like.

attorney Costa Montrose chairman Jerome Powell Wally Hines Congress fed Robert Muller Mahler Royal Navy special counsel
"chairman jerome powell" Discussed on 600 WREC

600 WREC

02:19 min | 2 years ago

"chairman jerome powell" Discussed on 600 WREC

"Is here with more of America's First News in the painfully cold weather system that put much of the midwest into a historic deep freeze is expected to ease a bit today, although temperatures could still tumbled to record lows in some places before the region begins to thaw out disruptions caused by the cold will persist, also including power outages and canceled flights and trains crews in Detroit will need days to repair water means that burst yesterday. This Minnesota resident says it's been rough bedside hard to take a breath and. In fact, in my lungs a little bit before the worst of the cold begins to lift the national weather service has Chicago could hit lows today. The break the city's record of minus twenty seven special counsel. Robert Muller's office says hackers obtained and leaked confidential information about its investigation. As part of a pro Russian disinformation campaign that appeared to be aimed at discrediting. The inquiry Muller's office had turned over the documents to a Russian firm fighting federal charges as part of the disclosure process ahead of a trial. Prosecutors say the leaked documents weren't sensitive but demonstrate the risks involved in the case some of the documents appear to be altered in an apparent attempt to undermine the case. The Federal Reserve is keeping its key interest rate unchanged in signaling that it could leave rates alone. In coming months, given global economic pressures investors are relieved that fed chairman Jerome Powell uttered, the word patients when talking about future rate hikes in light of global economic and financial developments and muted inflation pressures. The committee will be patient as it determines what future judgment adjustments to the target range for the federal funds rate may be appropriate. The Dow industrials jumped four hundred thirty five on the news NFL Commissioner Roger Goodell says the league will consider rule changes aimed at avoiding the type of officiating gaffe that likely cost the New Orleans Saints a spot in the Super Bowl, but warned there are no easy fixes Goodell acknowledged publicly for the first time that a mistake had been made. I was very open just as I was here. It's a played it should be called. We're gonna make sure that we do everything possible to address the issues going forward and and see if they're improvements so we made to Vincent replay or anything else. Goodell says the competition committee will look at expanding video replay to judgment calls. You know, it's going to eventually happen..

Commissioner Roger Goodell Robert Muller New Orleans Saints Federal Reserve Minnesota Detroit America Chicago special counsel Jerome Powell chairman NFL Vincent
"chairman jerome powell" Discussed on KNST AM 790

KNST AM 790

02:38 min | 2 years ago

"chairman jerome powell" Discussed on KNST AM 790

"Morning. Jennifer Kushinka is here with more of America's First News Britain, the painfully cold weather system, that put much of the midwest into a historic deep freeze is expected to ease a bit today, although temperatures could still tumbled to record lows in some places before the region begins to thaw out disruptions caused by the Coldwell persist, also including power outages and canceled flights and trains crews. In Detroit's will need days to repair water mains at bursts yesterday. This Minnesota resident says it's been rough. Hearts. Take a breath in its in my lungs a little bit before the worst of the cold begins to lift the national weather service has Chicago could it hit lows today. The break the city's record of minus twenty seven special counsel, Robert Mueller's office says hackers obtained and leaked confidential information about its investigation. As part of a pro Russian disinformation campaign that appeared to be aimed at discrediting. The inquiry Muller's office had turned over the documents to a Russian firm fighting federal charges as part of the disclosure process ahead of a trial. Prosecutors say the leaked documents weren't sensitive but demonstrate the risks involved in the case some of the documents appear to be altered in an apparent attempt to undermine the case. Federal Reserve is keeping its key interest rate unchanged in signaling that it could leave rates alone. In coming months, given global economic pressures investors are relieved that fed chairman Jerome Powell entered uttered, the word patients when talking about future rate hikes in light of global economic and financial developments and muted. Inflation pressures. The committee will be patient as it determines what future judgment adjustments to the target range for the federal funds rate may be appropriate industrials jumped four hundred thirty five on the news NFL Commissioner Roger Goodell says the league will consider rule changes aimed at avoiding the type of officiating gaffe that likely cost the New Orleans Saints a spot in the Super Bowl, but warned there are no easy fixes Goodell acknowledged publicly for the first time that a mistake had been made by was very open. Just as I was here. It's a play that should be called. We're going to make sure that we do everything possible to address the issues going forward and and see if they're improvements so we can made through instant replay or anything else L says the competition committee will look at expanding video replay to judgment calls. You know, what's going to eventually happen? We're going to review every play. They should do that games will kick off at eight AM and then finish at eight PM. And we'll review every play. They should it should be an automatic thing. Twenty three minutes now after the hour on This Morning, America's.

New Orleans Saints Commissioner Roger Goodell America Federal Reserve Coldwell Minnesota Detroit Jennifer Kushinka Robert Mueller Britain Chicago Muller special counsel Jerome Powell NFL chairman Twenty three minutes
"chairman jerome powell" Discussed on KOA 850 AM

KOA 850 AM

02:35 min | 2 years ago

"chairman jerome powell" Discussed on KOA 850 AM

"Is here with more of America's First News in the painfully cold weather system that put much of the midwest into a historic deep freeze is expected to ease a bit today, although temperatures could still tumbled to record lows in some places before the region begins to thaw out disruptions caused by the cold will persist, also including power outages and canceled. Flights and trains crews in Detroit will need days to repair water mains at bursts yesterday. This Minnesota resident says it's been rough. Hearts. Take a breath, and it's affecting my lungs a little bit before the worst of the cold against to lift the national weather service has Chicago could hit lows today that break the city's record of minus twenty seven special counsel, Robert Mueller's office says hackers obtained and leaked confidential information about its investigation. As part of a pro Russian disinformation campaign that appeared to be aimed at discrediting. The inquiry Muller's office had turned over the documents to a Russian firm fighting federal charges as part of the disclosure process ahead of a trial. Prosecutors say the leaked documents weren't sensitive but demonstrate the risks involved in the case some of the documents appear to be altered in an apparent attempt to undermine the case that Federal Reserve is keeping its key interest rate unchanged in signaling that it could leave rates alone. In coming months, given global economic pressures investors were relieved that fed chairman Jerome Powell entered uttered, the word patient when talking about future rate hikes in light of global economic and financial developments and muted. Inflation pressures. The committee will be patient as it determines what future judgment adjustments to the target range for the federal funds rate may be appropriate. The Dow industrials jumped four hundred thirty five on the news NFL Commissioner Roger Goodell says the league will consider rule changes aimed at avoiding the type of officiating gaffe that likely cost the New Orleans Saints a spot in the Super Bowl, but warned there are no easy fixes Goodell acknowledged publicly for the first time that a mistake had been made very open just as I was here. It's a play that should be called. We're going to make sure that we do everything possible to address the issues going forward and and see if they're improvements that we can make through instant replay or anything else. Get Al says the competition committee will look at expanding video replay to judgment calls. You know, it's going to eventually happen. We're going to review every play. They should do that games will kick off at eight AM and then finish at eight PM. And we'll review every play. They should it should be an automatic thing. Twenty three minutes now after the hour.

New Orleans Saints Commissioner Roger Goodell Federal Reserve Detroit America Minnesota Robert Mueller Chicago Muller Jerome Powell chairman special counsel NFL Twenty three minutes
"chairman jerome powell" Discussed on WTMJ 620

WTMJ 620

02:01 min | 2 years ago

"chairman jerome powell" Discussed on WTMJ 620

"Morning. Jennifer Kushinka is here with more of America's First News Britain, the painfully cold weather system, that put much of the midwest into a historic deep freeze is expected to ease a bit today, although temperatures could still tumbled to record lows in some places before the region begins to thaw out disruptions caused by the cold will persist, also including power outages and canceled flights and trains crews in Detroit till need days to repair water means at burst yesterday. This Minnesota resident says it's been rough. Hard to take a breath. And it's affecting my lungs a little bit before the worst of the cold begins to lift the national weather service has Chicago could've hit lows today that break the city's record of minus twenty seven special counsel. Robert Muller's office says hackers obtained and leaked confidential information about its investigation. As part of a pro Russian disinformation campaign that appeared to be aimed at discrediting. The inquiry Muller's office had turned over the documents to a Russian firm fighting federal charges as part of the disclosure process ahead of a trial. Prosecutors say the leaked documents weren't sensitive but demonstrate the risks involved in the case some of the documents appear to be altered in an apparent attempt to undermine the case. The Federal Reserve is keeping its key interest rate unchanged in signaling that it could leave rates alone. In coming months, given global economic pressures investors are relieved that fed chairman Jerome Powell uttered the word patient when talking about future rate hikes. In late of global economic and financial developments and muted inflation pressures. The committee will be patient as it determines what future judgment adjustments to target range for the federal funds rate may be appropriate. The Dow industrials jumped four hundred thirty five on the news NFL Commissioner Roger Goodell says the league will consider rule changes aimed at avoiding the type of officiating gaffe that likely cost the New Orleans Saints a spot in the Super Bowl, but warned there are no easy fixes Goodell acknowledged publicly for the first time that a mistake had been made very open just.

Robert Muller Commissioner Roger Goodell Federal Reserve Minnesota Jennifer Kushinka Detroit Britain America Chicago New Orleans Saints special counsel Jerome Powell NFL chairman
"chairman jerome powell" Discussed on KOMO

KOMO

02:57 min | 2 years ago

"chairman jerome powell" Discussed on KOMO

"Reserve chairman Jerome Powell told an audience today that he's not bothered by President Trump's criticism of his performance Powell who was nominated by Trump said he and his colleagues would focus on the job. Congress has given them adding we don't get distracted by other things. Stocks rose for a fifth straight session. The down dossier was climbing one hundred twenty three points today. The NASDAQ was up Twenty-nine oil prices made a last-minute recovery to finish slightly higher. February crude rose twenty three cents to settle at fifty to fifty nine a barrel. That's your money. Now, the partial federal government shutdown could have an impact on food safety. The FDA says it's stopped routine safety inspections of foods at high risk of contamination. Commissioner Scott Gottlieb says that include seafood, fruits and vegetables three thousand Americans die each year. Because of food borne illness Gottlieb says bringing back for. Reload inspectors could mean they won't be able to collect unemployment to get them through the shutdown. A new study says flaw sing with oral B glide dental floss could lead to higher levels of toxic chemicals in the body. Mark Mayfield has details. The research found that women who use the floss higher levels of P F A S chemicals in their bodies than women who didn't use the floss PF AS chemicals are used for the resistance to water in Greece health problems like cancer ulcerative colitis and thyroid disease and children have been attributed to exposure to the chemicals health update. Sara Lee Kessler NBC News Radio. Americans are having fewer and fewer babies, which means this country's population is shrinking and changing ABC's Scott Goldberg reports last year, the CDC says Americans didn't have enough babies to replace ourselves. That means the native born population is getting older, and it's look is changing too. Because fragility rates vary based on race. Overall. Researchers say last year the total fertility rate or births per one thousand women of childbearing age was sixteen percent lower than the number that would be needed to keep the population stable with birth Salone immigration, the other way, the population grows among women already here. The CDC says Hispanic and black women have higher rates than whites. Scott Goldberg ABC news. Doctors who specialize in female pelvic medicine, say lawsuits by four states, including Washington and California over products used to treat pelvic floor disorders and incontinence might scare patients away from the best treatment options, sixty three Washington surgeons recently signed a letter to state attorney general Bob Ferguson, arguing his consumer protection lawsuit against Johnson and Johnson is off base. The lawsuit says the company failed to disclose risks associated with the trans vaginal mesh products for the doctors say they were never deceived that the case is based on misapprehension of how they assess risks posed by medical procedures where requested comment from Ferguson on this letter and have not yet heard back..

Commissioner Scott Gottlieb Jerome Powell President Trump Scott Goldberg CDC Bob Ferguson Washington Sara Lee Kessler ulcerative colitis Congress chairman FDA Johnson Mark Mayfield NBC ABC
"chairman jerome powell" Discussed on KOA 850 AM

KOA 850 AM

02:28 min | 2 years ago

"chairman jerome powell" Discussed on KOA 850 AM

"I'm Gordon Deal along with Jennifer Kushinka on this Thursday, November twenty nine glad you're with us. Here's what's up this hour Besters were in a buying mood. After fed chairman Jerome Powell seemed to back away from previous remarks about interest rates on happy with how the White House has handled the Jamal kashogi murder. The Senate moves to withdraw military support for Saudi Arabia another step closer to reclaiming the gamble. California's Nancy Pelosi emerged as the winner in a caucus vote for house speaker Amazon's meteoric rise as an advertising giant the digital ad LOC. Is dominated by two players giggle at thick. But what happened to the feels like quite a short space of time is Amazon is slowly catching up Wall Street Journal reporter, Laura O'Reilly on how Amazon's quiet March toward advertising dominant says surprise folks, she's here in about twenty five minutes. Another big day of movements for stocks. This time north the Dow Jones industrial average rose by six hundred eighteen points yesterday or two point five percent. After Federal Reserve chairman Jerome Powell eased investor worries about an aggressive increase in interest rates speaking to the economic club of New York, mister Powell said interest rates are just below brought estimates of a neutral level, which is a setting designed to neither speed nor slow economic growth investors. Read his comments to suggest that the Fed's rate increases might stop sooner or happen. More. Slowly, other indexes popped on the news as well with the S and P five hundred up two point three percent. And the NASDAQ higher by two point nine percent large sustained declines in equity prices can put downward pressure on spending and on confidence. From a financial stability perspective. However today, we do not see dangerous excesses in the stock market. Mr Powell appeared to back off a comment. He made in early October the described the Fed's benchmark interest rate as a long way from neutral that remarks since stocks down. The Republican led Senate has voted to advance of measure to withdraw US support for Saudi led forces in Yemen. In rebuke to the White House, the sixty three to thirty seven vote highlighted the senators frustration over President Trump's reluctance to hold Saudi Crown prince, Mohammad bin Salman, responsible for last month's murder of journalist Jamal kashogi by Saudi agents..

Jerome Powell Amazon Fed Jamal kashogi Senate White House Saudi Arabia chairman murder Saudi Crown Gordon Deal Laura O'Reilly Mohammad bin Salman US Wall Street Journal Nancy Pelosi Jennifer Kushinka
"chairman jerome powell" Discussed on AM 970 The Answer

AM 970 The Answer

01:58 min | 2 years ago

"chairman jerome powell" Discussed on AM 970 The Answer

"Hour from townhall dot com. Patrick FOSS was board. Chairman Jerome Powell says he is doing well and the pace of interest rate hikes depends on data. There is no preset policy path. We we paying very close attention to what incoming economic and financial data are telling us foul. Addressing the economic club of New York says the economy is better able to withstand shocks than it was ten years ago, in my view, the most important feature of the stability landscape is the strength of the financial system. The risks of destabilizing runs are far lower than in the past the institutions at the at the heart of the financial systems are more resilient Powell's comments ignited, a huge rally on Wall Street. The Dow Jones industrial average searching six hundred seventeen points its biggest one day increase in eight months. President Trump implies that he could pardon Paul Manafort, President Donald Trump says a pardon for former campaign chairman Paul Manafort is not off the table in the wake of special counsel. Robert Muller's announcement that Manafort has breached his plea deal by repeatedly lying to investigators. Manafort denies he lied in an interview with the New York Post Trump again lashed out at the Russian investigation likening it to Senator Joe McCarthy's pursuit of alleged communist in the nineteen fifties Senator Mark Warner of Virginia the top democrat on the Senate intelligence committee tweeted that if Trump pardons Manafort, it would be a blatant at unacceptable abuse of power, Mike Rossier. Washington store. Moving into California is bringing rain that threatens to at least debris flows and wildfire bird areas and snow that could cause travel problems. I'm not in rows South Korea's top court on Thursday, ordered the Japanese company to compensate ten Koreans forced labor during Tokyo's nineteen ten to nineteen Forty-five, colonial rule of the peninsula. In the second such ruling in a month that again, drew strong protests from Japan. More of these stories at townhall dot com. Albany. Can I tell you a story? Okay..

President Donald Trump Paul Manafort Chairman Jerome Powell Patrick FOSS Senator Mark Warner Senator Joe McCarthy New York Robert Muller New York Post Albany chairman South Korea Mike Rossier Washington Japan California Senate special counsel
"chairman jerome powell" Discussed on KIRO Radio 97.3 FM

KIRO Radio 97.3 FM

01:54 min | 2 years ago

"chairman jerome powell" Discussed on KIRO Radio 97.3 FM

"Fed chairman Jerome Powell said the outlook for the economy is so bright. He may pause raising interest rates in two thousand nineteen he told the economic club of New York. It's all a balancing act. We know that moving too fast would risk shortening the expansion. We also know that moving too slowly keeping interest rates too low for too long could risk distortions. The Dow finished up six hundred seventeen points, the NASDAQ increased two hundred eight and the s&p up sixty one Amazon stock finished up more than six percent. Microsoft up nearly four we're finding out how President Trump answered some of Robert Muller's questions in the Russia election probe. Here's CBS's Paula Reed in written answers. Mr. Trump said that to the best of his recollection. He did not know about WikiLeaks plan to release hacked democratic emails during the two thousand sixteen campaign and that he did not know about the two thousand sixteen Trump Tower meeting attended by campaign chairman, Paul Manafort, Donald. Trump junior Jared Kushner and a Russian lawyer promising dirt on Hillary Clinton, the Seattle public schools athletic director is out a month after the school district settled with a former employee for half a million dollars. The Seattle times reports the former employees said she left the district because Eric McCurdy bullied her and created a hostile work environment. The controversy over Republican state Representative Matt Shays manifesto has cost him his leadership role when she was reelected earlier this month, Lieutenant governor scientists have even mmediately called on Republican leaders to remove him as House Republican chair over the manifesto, which called for the killing of all non Christian men in the US who don't follow religious law. Now House Republicans every elected their leaders and Shane is out as chair being replaced by Republican Paul Harris. Lieutenant governor Habib tweeting a thank you to those who kept the pressure on Republicans to do the right thing saying advocating for violence against religious minorities is both immoral and American. That's Cairo radio's Hannah's Scott time for KIRO radio real. Time traffic.

Mr. Trump Jerome Powell Trump Tower Lieutenant governor Habib chairman Fed Eric McCurdy Jared Kushner New York Hillary Clinton CBS Amazon Paula Reed hostile work environment Paul Manafort Microsoft Seattle KIRO
"chairman jerome powell" Discussed on Erin Burnett OutFront

Erin Burnett OutFront

03:34 min | 2 years ago

"chairman jerome powell" Discussed on Erin Burnett OutFront

"I want to read this quote from the Washington Post article what the president said about the Federal Reserve chairman Jerome Powell, quote, so far I'm not even a little bit happy with my selection of j not even a little bit. And I'm not blaming anybody. But I'm just telling you, I think the fed is way off base. So here is Steve saying, he's not blaming anybody. But he's admitting it's his own guy. Well, it is. Oh guy. I think he believes he made a big mistake. And and frankly, I'm an agreement with him on this. I think that that is way too tight right now. I think. I think it's some of the action of the economy. It's I don't think it's any coincidence that the stock market turmoil that we've seen in the last couple of months, Erin, really started with the fed. Not just raising rates. But but telling the American people and investors we're going to raise them and raise them and raise them and raise them when there's no real reason this place, we'll just say on any given day, whatever. However, the started more than a couple of months ago, we've had huge massive swings earlier in the year and some of them were directly to the president's comments on things like Chinese tariffs. So okay, let's say. Three. But my my only point is the market has been steadily on on a downturn. Since since the fed started raising those rates unless there's just no inflation out there. I don't know maybe Bob rice season. I don't see any indication inflation. I don't see why the fed is taking the Punch Bowl away from this party as the economy is growing so quickly. Bob quick response. And I want to talk about something else. He said, well, the responses that the president should not be criticizing the fed. I mean, it doesn't matter Steve Moore in I may both agree about what the fed should. Or should not do. That's not the point. There are reasons why the White House and the president do not criticize the fed because that itself creates a lot of uncertainty and a lot of tumbled in the markets. You have to have an independent fed. And I think honestly, Erin, the real theme here, if if you look at that interview, and it is kind of a disjointed a little crazy that interview what you see is that Donald Trump does not like independent scientists he doesn't like the independent fed. He doesn't like anything. That is independent doesn't like an independent judiciary. He doesn't like anything that he can't control, and frankly that is very dangerous for this country. So will agree with one thing, you know, in that with the two of you on this. I think to say that the fed is responsible for closing down. This plat is a stretch to say the least. But I. Reg, Steve that's grazing. That is nuts. I mean, you know, the trade wars that he has launched that. That's really what's going on. That's that's the thing that is causing both GM and also the market to be really a reactive. General Motors mentioned that explicitly summer. Right. Have you guys heard share at Brown? He said he talked to Mary Barra the president specifically about that the summer, and he says the president chose to ignore that until until now I mean, obviously, that's that's his version. I want to ask you guys about the climate change in comments. And here's exactly what the president said. I want to read it again, one of the problems that a lot of people like myself, we have very high levels of intelligence, but we're not necessarily such believers as to whether or not it's manmade, and whether or not the effects that you're talking about are there. I don't see it. Bob. Well, if he doesn't see it. That's that to me is worrisome because you have not only a huge consensus among scientists that there is climate change and that humans have created it. But you'll also have somebody in the White House who's making decisions about the EPA and about regulations about the Paris accords..

fed president Steve Moore Bob rice Donald Trump White House Erin Washington Post Jerome Powell Brown General Motors chairman EPA GM Paris Mary Barra