35 Burst results for "Chairman Paul"
CoinDesk Podcast Network
A highlight from MARKETS DAILY: Featured Story | AI is the Key To DeFi Liquidity
"This episode of Markets Daily is sponsored by CME Group. Hello, this is Markets Daily from Coindesk. I'm Noelle Acheson, here with your featured story. On today's show, we're taking a look at how artificial intelligence can boost DeFi adoption. We will be using WandaCraft AI Voice for this episode. Today's featured story is by Emin Gunseer, the founder and chief executive officer at Ava Labs, titled AI is the key to DeFi liquidity. Decentralized finance, DeFi, has been nothing short of a miracle. For the first time ever, anyone with a simple internet connection can build wealth digitally. People in all parts of the world, regardless of their financial status or location, are bettering their lives through DeFi by making the same kinds of investment decisions previously limited to professionals. Not to mention that DeFi is cheaper and more transparent than traditional methods of financial transactions. Former U .S. Federal Reserve Board chairman Paul Volcker once famously quipped that the only financial innovation he could think of that actually improved people's lives was the ATM. I would add DeFi to that short list. Traders are noticing the benefits. Aggregate DeFi revenue is expected to grow at almost 20 % annually through 2027. DeFi's total value locked is roughly $63 billion and reached as high as $200 billion during the last bull market. Like any new technology, however, DeFi's growth has come with its share of painful experiences, which have kept many would -be participants on the sidelines. But remarkable progress in artificial intelligence, AI, gives me hope that it will be the catalyst for DeFi to continue its evolution. In my opinion, many of the impediments to broader DeFi adoption can be lumped under the term liquidity, the ease with which an asset or security can be converted into cash at market price. Liquidity is a complex, multidimensional issue, but fundamentally, it's simply about enough people wanting something that it makes buying and selling as simple as a click. AI can improve liquidity in the DeFi market. While DeFi is global, more can still be done to encourage adoption, as there are many barriers to understanding like language and coding fluency. If a DeFi protocol's documentation is written only in English, for example, it's certainly more difficult for non -native English speakers to engage with the technology. This is where AI -powered large language models, LLMs, come into play. LLMs can be used to instantly translate documentation into different languages, as well as provide live customer support for the whole world. LLMs will make DeFi truly global.
Markets Daily Crypto Roundup
A highlight from Featured Story | AI is the Key To DeFi Liquidity
"This episode of Markets Daily is sponsored by CME Group. Hello, this is Markets Daily from Coindesk. I'm Noelle Acheson, here with your featured story. On today's show, we're taking a look at how artificial intelligence can boost DeFi adoption. We will be using WandaCraft AI Voice for this episode. Today's featured story is by Emin Gunseer, the founder and chief executive officer at Ava Labs, titled AI is the key to DeFi liquidity. Decentralized finance, DeFi, has been nothing short of a miracle. For the first time ever, anyone with a simple internet connection can build wealth digitally. People in all parts of the world, regardless of their financial status or location, are bettering their lives through DeFi by making the same kinds of investment decisions previously limited to professionals. Not to mention that DeFi is cheaper and more transparent than traditional methods of financial transactions. Former U .S. Federal Reserve Board chairman Paul Volcker once famously quipped that the only financial innovation he could think of that actually improved people's lives was the ATM. I would add DeFi to that short list. Traders are noticing the benefits. Aggregate DeFi revenue is expected to grow at almost 20 % annually through 2027. DeFi's total value locked is roughly $63 billion and reached as high as $200 billion during the last bull market. Like any new technology, however, DeFi's growth has come with its share of painful experiences, which have kept many would -be participants on the sidelines. But remarkable progress in artificial intelligence, AI, gives me hope that it will be the catalyst for DeFi to continue its evolution. In my opinion, many of the impediments to broader DeFi adoption can be lumped under the term liquidity, the ease with which an asset or security can be converted into cash at market price. Liquidity is a complex, multidimensional issue, but fundamentally, it's simply about enough people wanting something that it makes buying and selling as simple as a click. AI can improve liquidity in the DeFi market. While DeFi is global, more can still be done to encourage adoption, as there are many barriers to understanding like language and coding fluency. If a DeFi protocol's documentation is written only in English, for example, it's certainly more difficult for non -native English speakers to engage with the technology. This is where AI -powered large language models, LLMs, come into play. LLMs can be used to instantly translate documentation into different languages, as well as provide live customer support for the whole world. LLMs will make DeFi truly global.
Bloomberg Radio New York
"chairman paul" Discussed on Bloomberg Radio New York
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Bloomberg Radio New York
"chairman paul" Discussed on Bloomberg Radio New York
"We are a force to be reckoned with. Where there is help, there is hope. It's why UNICEF won't stop, ever. Learn more that UNICEF USA dot org slash we won't stop. Economics. Chairman Paul looks brilliant off of this funnel. Some breaking news for you. A share sale. Investment. You're still seeing some momentum in tech. The Bloomberg surveillance podcast. Do you want some volatility Tom? Please, do you want me to go there? Don Keane, Jonathan farrow and the names that shaped the world's markets. Joseph stiglitz of Columbia University, the laureate Bloomberg surveillance. We're seeing the sell off continued to accelerate. Subscribe today on apple's Spotify Bloomberg dot com or wherever you get your podcasts. Today, nearly all businesses international business, the same goes for business disputes. That's why the international center for dispute resolution provides a faster, more efficient approach to dispute resolution across borders. Backed by the American arbitration association, the ICD R is the world's leading provider of dispute resolution services, find out why global expertise matters. Visit ICD are dot org. Wherever your business takes you, Bloomberg radio is here with you. Breaking economic news crossing the Bloomberg. Powered by 2700 journalists and analysts. So let's get to some of the day's gainers. In more than 120 countries around the world. We are seeing a flatter picture for European stocks this morning. We're the only 24/7 global business radio platform. This market regime is going to come with more volatility. Bloomberg radio, the Bloomberg business app and Bloomberg radio dot com. Can catch us live, your favorite Bloomberg radio shows, including Bloomberg surveillance, Wall Street week and Bloomberg sound on are also available as podcast. Listen today on apple's butterfly and anywhere else you get your podcasts. Problem Bloomberg world, headquarters. I'm Charlie petal for the look now at our top corporate stories. We've got Amazon laying off an additional 9000 employees adding to cuts of raw ready the largest round of layoffs in the company's history. Amazon shares their lower now by 1.3%
Bloomberg Radio New York
"chairman paul" Discussed on Bloomberg Radio New York
"I know about courage, I learned from my adoptive mom. She said sometimes you just gotta hold on, and no we'll get through this. Mom, we are so high up. Hold my hand. No, you holding my hand. Here we go. Learn about adopting a team from foster care. You can't imagine the reward. Visit adopt U.S. kids dot org to find out more. This message is brought to you by adopt U.S. kids, the U.S. Department of Health and Human Services and the ad council. Economics. Chairman Paul looks brilliant off of this. Honey. So breaking news for you. A share sale. Investment. You're still seeing some momentum in tech. The Bloomberg surveillance podcast. Do you want some volatility Tom? Please, you want me to go there? Tom Keane, Jonathan perrot and the names that shake the world's markets. Joseph stiglitz of Columbia University, the laureate Bloomberg surveillance. We're seeing the selloff continued to accelerate. Subscribe today on apple's Spotify Bloomberg dot com or wherever you get your podcasts. Is your accounting and tax firm the right fit for you and your business? With so many accounting firms merging and expanding, are you getting the attention and responsiveness you need? You need established advisers who find opportunities in the current business and tax environment. Anchin is focused on providing the attention and fit you need to succeed. Let angin accountants and advisers map out a tax strategy and plan that ensures you're not leaving money on the table. Visit anchin dot com slash VIP to learn more and to contact us. If
Bloomberg Radio New York
"chairman paul" Discussed on Bloomberg Radio New York
"Is Bloomberg opinion. Economics. Chairman Paul looks brilliant off of this. Honey. So breaking news for you. A share sale. Investment. You're still seeing some momentum in tech. The Bloomberg surveillance podcast. Do you want some volatility Tom? Please, you want me to go there? Tom Keene, Jonathan farrow, and the names that shake the world's markets. Joseph stiglitz of Columbia University, the laureate Bloomberg surveillance. We're seeing the selloff continued to accelerate. Subscribe today on apple's Spotify Bloomberg dot com or wherever you get your podcasts. Why do institutional broker dealers rely on BNY Mellon Pershing for a tailored and proactive experience? Marcus mattielli, director of institutional solutions, shares how Pershing helps you consider everything. In this highly competitive environment, BNY Mellon Persians institutional solutions he wants to know, what are you doing today? The position you are firm for future growth. Do you have confidence in the stability and durability of your strategic partners? Can you access clear guidance to help you be better? Sharper, faster, and more strategic, whether it's clearing financing, collateral management, securities lending, or global trade execution, BNY Mellon and Pershing are committed to meeting the evolving needs of institutional firms. To learn more about the unique and industry leading solutions for broker dealers, visit Pershing dot com Persian yellow sea, member finra, NYSE, sip.
Bloomberg Radio New York
"chairman paul" Discussed on Bloomberg Radio New York
"Looking at? You know, that's a good question because there's all different financial conditions indicators. They all measure things differently. The fed has various measures as well. If I was to look at it, I look at the more traditional Goldman Sachs, type of indicators, and that says that they've eased a lot, and then a totally with zero DTE options with meme stocks like Bed Bath & Beyond doubling in a day with the fang stock starting to move. It seems like it's a very easy environment right now and it is not a tight environment and that should be concerning over at the fed and that's why it was very confused when chairman Paul was talking about tightening financial conditions at his press conference a couple of weeks ago because that's not the case by a lot of measures right now. What's amazing about this is in an on Bloomberg radio, you're not observing this, but over the right shoulder of Jim Bianco is his Monroe trader from another time. And you know, I'm sorry. You know, we're hearkening back to interest rates when Bianca was using the Monroe trader to figure out convexity and duration. You know, by then, I'm not sure he was talking about zero DTE options. No, it was not done. 60 seconds left to squeeze that in. So that's zero days to expiry options. At the index level, really short term stuff. Now, Jim, can you tell me how much you think that has shaken this market about? Yeah, what has happened is that they now list options every day and they expire every day in about half the volume is in options that will expire today. I think what it's done is it's created intraday volatility. So you see these big swings from yesterday was a great example of the right up 1% down 1% close around unchanged. Day to day volatility. Maybe it doesn't really impact that, but we have to be ready for this idea that, hey, look, the market's up 1%. What does it mean? Wait an hour. It's now down on the day. Wait an hour, it's back up on the day. That's where I think that the zero DTE options are really starting to play into the market and confusing a lot of people. We need a new promo. What does it mean? And then we'll just play chimp Bianco. Talking about zero. Is that your standard conversation with you? Jim, thank you, buddy. Appreciate that. Two segments with Jim Bianca Bianca research. For Bloomberg with Reed Pickett right up, John farrow on surveys. And I didn't know this to your point. On Michigan surveys, it's becoming difficult. Erica groschen, the great research economist says John farrow is right surveys of some interesting. Nobody picks up the phone. The future's down four tenths of 1% retail sales in America
The Dan Bongino Show
Manafort Owns up to Passing 'Campaign Data' to Suspected Russian Agent
"Here's Dan ladden hall Daily yeast Manafort owns up to passing campaign data to a suspected Russian agent Notice how Adam Schiff and Clint watts never mention a name Now the yeast mentions the name here Donald Trump's 2016 campaign chairman Paul Manafort on Monday publicly admitted he gave polling data to Constantine kilimnik a suspected Russian intelligence asset What Wow That sounds really bad Now that did happen Paul Manafort did admit to that But who's Constantine kilimnik He gave him polling data Well I like the same polling of data that already appeared in The Washington Post and stuff So I'm not apologizing for Paul Manafort I'm just telling you the truth Who's Constantine kilimnik Because it seems like someone else gave Constantine kilimnik a whole lot more access Wouldn't you know it It's the freaking Obama administration Again what What's that stuff on your face Oh I was cleaning the chimney We don't have a chimney
Bloomberg Radio New York
"chairman paul" Discussed on Bloomberg Radio New York
"Like weather has an impact, but it sounds like the underlying core issue might be labor. Is that how you would describe it? I mean, it's like, which is more important than the brain or the heart. It's like, can you kill one and your dad either way? I mean, Southwest had so many things against it. Even the way that so a lot of the major carriers are very much hub and spoke oriented really just operate mainly out of a couple of major airports. Whereas southwest is much more distributed. And so it was harder for them to reposition equipment where they needed it. And so that was just part of the problem. And they also had problems with their software. The way that they dispatched their plans and the way they keep track of their staff and notify their staff. And so there's definitely going to be waking up after this is all over and thinking, okay, what do we do? We got to make sure. And I think this stock market is going to be looking at that too. And I'm sure the shareholders are going to be looking at two and thinking, okay, this is a this is a moment of clarity, hopefully. Hopefully, well, we'll see. I certainly hope that I can be the host. Next holiday season and not have to get on an airplane, but Jeff really appreciate your insights on this and your coverage. Thank you so much for joining us. That was Jeff wise talking with us about the airline issues this holiday season. We'll have more here ahead on sound on. Economics. Chairman Paul looks brilliant funny. So breaking news for you, a share sales. Investment. How much dynamism is there to the economic recovery? The Bloomberg surveillance podcast. Do you want some volatility Tom? Please, do you want me to go there? John Keane, Jonathan perrot, Lisa abramo and the names that shaped the world's markets. Joseph stiglitz of Columbia University, the laureate. Bloomberg surveillance. Listen today at Bloomberg dot com, the Bloomberg
Bloomberg Radio New York
"chairman paul" Discussed on Bloomberg Radio New York
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Bloomberg Radio New York
"chairman paul" Discussed on Bloomberg Radio New York
"Markets could take that differently. And I don't think that's the impression he wants to leave. On a damn I say, do you think that this was somewhat of a clean up act for the last news conference? Yeah, I definitely think so. He did say that even with a July soft July print, he thinks that the labor market is still strong. So underlying momentum is actually strong. And he did hinted that the neutral rate, the short term neutral rate could be higher. So I'm expecting. And I think he's previewing that in the September FOMC. We might be seeing that the R star could be revised higher. And a greater cash over the Ana Wong there of Bloomberg economics on her ideas of what we've just got from chairman Paul just months ago. So I think we need to reframe your very importantly before I re Jersey, John, the interest rate debate. Help me here with the names, Lisa as well. There's a group with a lower JPMorgan clearly there. But there's other names saying what? Three and a half. Three and three. So we got a perfect guess in about ten minutes time. As we catch up with Andrew Holland hosted in just a moment. And then a Wong is way up here with a select group Dudley. I would put up there, maybe not quite as high. But there's a real dispersion. Let's take chairman Powell's comments as a given that we've got a really strong underlying economy. What does that imply? That if you want to get demand down, let's take my keys into this to George earlier this week. If you want to get demand down, you need to get rates up. And if you believe that the underlying economy is robust and strong, then clearly they've got a lot of work to do. But Lisa, where's the given on a strong underlying economy for X
Bloomberg Radio New York
"chairman paul" Discussed on Bloomberg Radio New York
"Just never judges. She's a true role model. If you're even considering getting your high school diploma, go get it, you can do it. No one gets a diploma alone. If you're thinking of finishing your high school diploma, you have help. Find free adult education classes near you at finish or diploma dot org that's finish your diploma dot org, brought to you by the Dollar General literacy foundation and the ad council. Economics, chairman Paul looks brilliant finance. The breaking news for you, a share sales. Investment. How much dynamism is there to the economic recovery? The Bloomberg surveillance podcast. Do you want some volatility term? Please, you want me to go there. Jonathan farrow, Lisa Abraham, and the names that shape the world's markets. Joseph stiglitz of Columbia University, the laureate. Bloomberg surveillance. Listen today at Bloomberg dot com, the Bloomberg business app or subscribe on Apple podcasts. From the state courts. The state didn't defend the governor's order. To the Supreme Court. The justices unanimously reversed rulings by the 9th and tenth circuits. June grosso delivers your legal intelligence. So why did the appellate division dismiss the complaints? Bloomberg law. President Biden's vaccine mandates are facing problems in the courts. On Bloomberg radio, the Bloomberg business app and Bloomberg radio dot com. I'm 60 to the country. Syria's XM channel one 19 and around the globe. The Bloomberg business app in Bloomberg radio dot com. This is Bloomberg daybreak Asia. 6 30 in the morning right
Bloomberg Radio New York
"chairman paul" Discussed on Bloomberg Radio New York
"Watch and listen Monday, July 4th, starting at 8 p.m. eastern exclusively on Bloomberg dollars at Bloomberg dot com. Bloomberg quick take and right here on Bloomberg radio. My shiro doesn't always wear a cape, but she always has time for a hug, a smile for going the extra mile. My shiro stretches every dollar puts in long hours, puts others first, but now it's your time, mom. When you're ready to retire, we want you to be able to enjoy it. Get free tips to help boost your retirement savings now at Easter retirement dot org. A public service announcement brought to you by AARP and the ad council. Economics. Chairman Paul looks brilliant funny. The breaking news for you, a share sales. Investment. How much dynamism is there to the economic recovery? The Bloomberg surveillance podcast. Do you want some volatility Tom? Please, you want me to go there. Jonathan perrot, Lisa abramo and the names that shaped the world's markets. Joseph stiglitz of Columbia University, the laureate. Bloomberg surveillance. Listen today at Bloomberg dot com, the Bloomberg business app or subscribe on Apple podcasts. Wake up and text text and eat. Text and meet up with a friend you haven't seen in forever. Hi. Oh hey, text and complain that they're on their phone the whole time. Text and listen to them complain that you're on your phone the whole time. Text in whatever. But when you get behind the wheel, give your phone to a passenger, put it in the glove box, just don't text and drive. Visit stop texts, stop Rex dot org, a message
Bloomberg Radio New York
"chairman paul" Discussed on Bloomberg Radio New York
"The sun Your plant will grow sealed in its own ecosystem Fun right Learn more at she can stem A message from the ad council Economics Chairman Paul looks brilliant clinics Sub breaking news for you The share sales Investment How much dynamism is there to the economic recovery The Bloomberg surveillance podcast Do you want some volatility Tom Please you want me to go there Jonathan Ferrell Lisa abramo and the names that shake the world's markets Joseph stiglitz of Columbia University the laureate Bloomberg surveillance Listen today at Bloomberg dot com the Bloomberg business hack or subscribe on Apple podcasts Not completing high school is more of a social thing than it was an academic thing Even though all these years have passed I still had that longing to have my diploma At age 30 Carissa finished her high school diploma If you're even considering getting your high school diploma you can do it No one gets a diploma alone If you're thinking of finishing your high school diploma you have help Find free adult education classes near you at finish or diploma dot org that's finish your diploma dot org brought to you by the Dollar General literacy foundation and the ad council When you subscribe to Bloomberg you will get more than news You will get inspiration to disrupt the status quo You will get insight into limitless possibilities You will get ideas to feed your ambition You will discover new solutions and turn data into action So before you invent pioneer disrupt before you change the world Bloomberg Learn more at Bloomberg dot com slash you will The market news you need Rates are low earnings are pretty good Along with the insights you didn't know you.
Mark Levin
Joe Biden: 'The Strength That We Build Is Inflation'
"Go ahead I build a strong we've built a strong economy with a strong job market No you haven't built a damn thing you fool I mean ultra full And build a thing How did he build a strong economy He brought an immense overarching Brutal government Go ahead I agree with what chairman Paul said last week that the number one threat is the strength and that strength that we built is inflation Oh the strength that we build is inflation What strength does he talking up now This guy has gone full psycho He's delusional self delusional So in addition to being I mean clearly in the early if not mid stages of dementia and I say that actually without trying to be funny in any respect because it's a horrible horrible disease He is utterly delusional but he's always been delusional He's always been a liar
Bloomberg Radio New York
"chairman paul" Discussed on Bloomberg Radio New York
"That's a Bloomberg business of sports report on Michael Barr Economics Chairman Paul looks brilliant finance the breaking news for you A share sales Investment How much dynamism is there to the economic recovery The Bloomberg surveillance podcast Do you want some volatility to help Please do you want me to go there Jonathan farrow Lisa Abraham always and the names that shake the world's markets Joseph stiglitz of Columbia University the laureate Bloomberg surveillance Listen today at Bloomberg dot com the Bloomberg business app or subscribe on Apple podcasts Inovalon is a leading provider of cloud based platforms empowering data driven healthcare Leveraging deep connectivity the data of billions of medical events and advanced analytics ennoble on empowers the achievement of improved clinical outcomes and financial performance for thousands of health insurance companies hospitals doctors pharmacies and pharmaceutical companies and the millions of patients they serve every day Inovalon data has a story to tell We give it a voice Learn more at a nova long dot com Debbie Hart is president of bio and J which represents the interests of more than 400 New Jersey based BioTech companies She's also a strong voice in the BioTech sector supporting research universities like New Jersey institute of technology She sees nj IT as a valuable partner and attracting venture capital and BioTech startups to the garden state So the number one reason the company's come here to New Jersey for the BioTech industry is for our talent We estimate that there were about 30 BioTech companies in the early 90s in New Jersey about 80 and 1998 Today there are more than 400 and that growth continues and it's come from every possible angle other countries other states they've spun out of our academic institutions as well as our BioTech and our former companies and we expect that growth to continue long into the future And NJ IT is a pipeline for talent for companies for entrepreneurs to do that important work And JIT New Jersey institute of technology learn more at nj IT dot EDU Wake up and text text and eat Text and catch the bus Text and miss your stop Wait wait wait wait wait wait Text and be late to work Sorry Blake Text and work Text and.
Bloomberg Radio New York
"chairman paul" Discussed on Bloomberg Radio New York
"As a societal whole And JIT New Jersey institute of technology learn more at nj IT dot EDU Economics Chairman Paul looks brilliant finance The breaking news for you A share sales Investment How much dynamism is there to the economic recovery The Bloomberg surveillance podcast Do you want some volatility Tom Please do you want me to go there John Keane Jonathan perrot Lisa romance and the names that shape the world's markets Joseph stiglitz of Columbia University the laureate Bloomberg surveillance Listen today at Bloomberg dot com the Bloomberg business app or subscribe on Apple podcasts He was the heart of your family and he taught you our history He helped you fix your first flight He was the best backyard DJ around and every time he'd tell a story he'd own the room but now more than ever he may feel alone Today older adults and their loved ones are struggling to connect in a time when connection has never been more important but there is something we can do embrace our older loved ones through story core connect with story core connect you can honor seniors remotely with an interview about their life Every interview will be archived at the Library of Congress becoming part of American history so that years from now future generations can listen in All right grandpa What's one piece of advice you have for me Just three words sweetheart live with courage The man that had the best stories still has plenty of stories to tell So connect virtually and share the conversation of a lifetime at StoryCorps connect dot org slash AARP Connect honor share story core connect a message from AARP StoryCorps and the ad council Markets headlines and breaking news 24 hours a day at Bloomberg dot com the Bloomberg business app and at Bloomberg quick.
Bloomberg Radio New York
"chairman paul" Discussed on Bloomberg Radio New York
"A better than good labor economy And then it's on to payrolls on Friday as well Tom and then from there I'll see you December 15th for fed chair Jay Powell and this Federal Reserve decision Are we on a slow march maybe a quicker march towards that rate hike Is he betting on a buoyant economy I think we've already got one and that's the conclusion Tom And that was the conclusion you heard in his voice and his remarks from yesterday What I'm trying to understand if he's considering a quicker taper is he also considering the next step because when you start talking about that that's the debate the market will have Well Lisa what will you hear from chairman Paul today I mean the house is different than the Senate It's a little more fractious What do you think Well we hear a lot of political posturing in terms of particular issues that people want to push forward I want to make a note though John farrow just said that he's going to be looking forward to December 15th after that decision by the Federal Reserve This is new He was going to take the year off after November And this is different We have actually action that's going to potentially be that going to be here for the 15th and the 16th I honestly don't want to be in the Bank of England then But away Hasn't this gotten more interesting this year I thought this week to be honest with you I thought this week that this Central Bank would become somewhat Omnicare on omicron dependent going into that Central Bank decision and the surprise from yesterday was that we didn't pay much of that from the chairman So what's important here is the amaran stories move forward If you're just joining us on radio and television career speaks France speaks and John van der lion in Brussels spoke and that was her That was come on Do we need a mandate Can you imagine we had those headlines Stay safe There's the EU commission president Vocally saying this morning that she thinks we should consider mandatory vaccination across Europe That's a big shift Tom We've seen it in the likes of Austria Germany considering it too Now the whole of Europe Our guest this moment is so important We're going to get to the data rapidly or China I'm just going to say the data today more convincing than what we saw two days ago I've got to bounce the game about 55 on the S&P advancing 1.2% about ten year treasury yield as well Your ten year up three basis points to one 47 49 a bouncing crude 68 69 up by 3.8% and finally a bit of movement in the two year after chairman Powell yesterday and again this morning we approach again Tom 60 basis points at the front end of the curve And we're looking at oil as well Jeff curry Goldman Sachs out with an important perspective on oil today are really saying everybody calm down Everybody's exiting There's some gamma talk in there as well And he's more optimistic about a move back up Right now I'm fixed income by Michael joins us here for a good conversation to say he's had a global fixed income currency commodities at JP We're JPMorgan asset management barely describes the ability here Do you buy the dip in bonds I'm totally confused about what to do with full faith in credit or just credit right now Do you clip the coupon Do you buy it or do you just go to cash Which is it You sell government bonds and you buy credit There's been a tremendous repricing You've had a flattening of the yield curve There's a lot of concern that the fed is going to move too quickly for the market and will lead to a recession And that's ultimately why the curve has inverted That's nonsense They're miles away from anything that looks normal And I think this is an opportunity to get rid of any remaining government bonds you have And then go back into the credit markets Go back into investment grade and high yield you can do it in U.S. and you can do it in Europe and those are the things that you're buying on sale That would normal What does that word mean anymore Well for me who's been around for four decades it means getting the central banks out of the market and leaving it to people like me to price And there's a very different operating model than what we're used to from the central banks When I started the business the central banks extended credit to the banking system and they controlled the cost of funding and then they relied on the banks to extend credit into the economy Now they're controlling the cost of funding across the entire economy It's gone too far It's got to stop and participants in the market like myself have to get involved again That's a desire Is it a forecast What makes it a forecast What makes it a forecast is Jay pal yesterday and Jay Powell saying it's time for them to exit the market which I think they're going to do They should announce that they're going to double the pace of tapering So they should be out of the market by March And then we should see rate hikes pretty soon after that So they're going to start that journey to normal and we're going to help them on that path All right you're going to help them on that path So completely courageous of you I do wonder that when you say it's a buying opportunity for credit particularly riskier credit why this is a good entry point given the fact that we are still so vastly below where we were before the pandemic when it comes to yields Why is this an opportunity at 4.8% coupon on a jump Bond For a number of things For one corporate profitability still remains very high Companies have a lot of financial flexibility And the companies were talking to don't see any significant drop off in aggregate final demand So their top line is going to grow They do see the input cost pressures And they're starting to pass some of those along And by the way they've been raising dividends and buying back shares They can dial that down a bit if they need to But right now we're looking at a consumer that's flush with cash That's out there spending Yeah there may be some headwinds from the oma crown variant We'll see over the next couple of weeks and a couple of months But for now corporate or profitability looks pretty good I want to be a part of that Bob but do you really think central bankers will ever get out of this market and let people like you truly price it or is there sort of an implicit put that if things get volatile enough they'll step right back in Well that's the debate I start off by saying I'm used to one model but when I look around our trading floor a very large percentage of the people only know the current model which has existed since 2009 where central banks do intervene in all sectors of the bond market So I think it's a tool that they've learned to deploy It's not going to go away anytime soon And they're going to have to gauge that with all the other tools that they have And yes financial conditions indicators are one of the reasons that you buy dips in risk assets as long as they look at those things They're backstopping the markets Michael with his JPMorgan here on radio and television bob I'm not going to get you in trouble on China Somebody else at JPMorgan has some challenges this week on China but I am going to ask you about the Pacific Rim and about the greatness Our David Wilson notices in equities internationals failed What do you do with the International Paper right now I don't mean turkey But what do you do with the JPMorgan opportunity in international fixed income You go for it And we've had a lot of conversations about emerging markets specifically emerging market equities and how earnings for companies across Asia in particular have come in higher than anyone anticipated a year ago The stocks have gone nowhere They've even drifted down compared to the double digit returns returns in the developed markets Next year is probably the year that stock prices catch up to earnings but earnings are still going to look pretty good So yes we're also buying credit across apac in China and across the emerging markets Is Europe a piece of that as well bob Yes And in fact we were looking over the last couple of days of going back into the European bank sector particularly the alternative the additional tier one securities and the lower tier two securities of the bank hybrid securities So we do see some opportunities there as well You're not afraid of some speculation so let me finish with this question What did you think of chairman Powell making that move a week after securing renomination bob Did that stand out to you at all Well the easiest path.
The Dan Bongino Show
'The View' Co-Host Morgan Ortagus Clashes With Adam Schiff Over Discredited Dossier
"So I guess Adam Schiff thought he was on the view and it was a safe space for him or whatever it is was he being micro aggressive or what But Morgan ortegas was having none of it So she asked him about his constant promotion of the dossier I want you to keep in mind as you're listening to this Keep this clearly in mind That Adam Schiff and I am quoting him directly please go to the Internet and double check me Always Double check everything I tell you Adam Schiff had said repeatedly that there was smoking gun evidence that Trump had colluded with the Russians We now know that whatever Adam's shift said was evidence was in fact nonsense created by the Clinton campaign And notice how he doesn't apologize I want you to notice here he throws out another debunk conspiracy theory that Paul Manafort was dealing with a Russian intelligence agent Constantine kilimnik That's who he's talking about in this cut Constant the kilimnik was in fact a source for the Obama administration too So if Paul Manafort was dealing with some Russian spy then we have a damage assessment to do about the Biden Obama Biden administration which had trusted this guy This is a great clip Did you cut it into two No the whole thing Okay all right play that cut And let's not forget what we learned in that investigation We learned that the Trump campaign chairman Paul Manafort was giving internal polling data campaign polling data to Russian intelligence while Russian intelligence was helping the Trump to be clear if he was fired halfway through the campaign Well he may have been fired Yeah But the effort to get Russian help continued and even beyond the effort to get Russian help But you made president information yourself for years by promoting this I think that's what Republicans and what people who entrusted you as they Intel committee chair are so confused about your culpability in all of this Well I completely disagree with your premise It's one thing to say allegations should be investigated and they work It's another to say that we should have foreseen an advance that some people were lying to Christopher Steele which is impossible of course to do But let's not use that as a smokescreen to somehow shield Donald Trump's culpability for inviting Russia to help him in the election which they did for trying to course Ukraine into helping him in the next election Which he did into inciting an erection insurrection which he did None of that is undercut None of that serious misconduct is in any way diminished by the fact that people lie to Christopher Steele No I think just your credibility is Did he say Donald Trump was inciting an erection You would like to say that on the radio Yeah I thought I heard that right Adam get your head out of the gutter Get your head out of the gutter you slob Disgusting Adam Schiff it's gross Talk like that on the radio But notice how he continues to parrot fairytales that no one could have possibly known Christopher Steele was lying Really Because the FBI as of January of 2017 when they interviewed Christopher Steele determined that Christopher Steele was in fact
Bloomberg Radio New York
"chairman paul" Discussed on Bloomberg Radio New York
"Get the bleed off from that fiscal support how we view which constituent we really emphasize here In other words can the fed really meaningfully support the economy if it doesn't get hiking quickly and soon Well I mean look what the fed is doing is something that the fed was never designed to do The fed was designed in 1913 for the purposes of providing liquidity in moments of crisis not to deal with income inequality To Diane's point I think that this attempt to use the fed is creating another level of inequality which is wealth inequality And the haves and the have nots and that gap in our society is the sort of thing that you see the proceeds like the French Revolution So this is a very politically divisive and I think that it's very difficult in an environment like this to get ourselves back on track with so much inequality in the system Scott Diane the news conference about three or four minutes away just a fun question for you both on all of this It's chairman Powell the chair of this Federal Reserve this time next year Diane is he I think he will be I think it would be a wise idea to just go ahead and keep the continuity at a time when uncertainty is so high That said who knows but I think chairman Paul will be Federal Reserve share a year from now Scott find a way to you on that I think the wisdom Diane expresses this correct I think however it won't be that he won't be the chair because the populace wing of the party Elizabeth Warren has made it very clear that she does not want this man in charge Scott mine thank you sir Diane swank a grand thought at Scott minor of Guggenheim going into this Federal Reserve news conference in about two minutes time Tom It's going to be a question on that in the news conference you know There's got to be the future of chairman Powell Yeah you know my key's rude enough to ask the question and maybe it'll be somebody else there that will ask I do agree John You made a point earlier which I'm too polite to bring up and you know you bring up the impolite fact is how does the amend and adjust to these realities And the answer is he doesn't He's going to play it straight But coming off the election John with Murphy ad right now 15,000 votes in New Jersey For all of these people in Washington the calculus changed last night I got a few people reach out to me as the show has progressed Lisa who have suggested That the wings of the progressives have been clipped which should encourage a decision to renominate chairman Powell The issue though and this is actually a question I hope get to ask How do they ensure continuity How do they ensure a vision that can get carried through to next year if that uncertainty as to who will be at the helm persists They've done this before and they'll figure it out They'll change the curtains decide what's nudie for lunch It's different this time Tom Honestly this is a different kind of scenario with such binary types of outcomes and the potential risk being literally opposite depending on who you speak with If you're running a business or an institution when you're at an inflection point a change in leadership optimism isn't the wisest move Is it Well that's a weird strategy to lead the strategy Yeah don't listen to me Listen to Diane swank and she made very clear this continent who's gonna be there This is a president that is buffeted to say the least And the real question to me John does he make some headlines and make this decision in the next 14 days Or does he wait And that's a real that's a real point of view What is the chairman made the decision for him Tom That one could be interested as well Chairman Powell is about 30 seconds away And here's the price action Going into that news conference We look editor something like this and the equity market Equities are up a tenth of 1% all time highs and a 5th day of gains on the S&P 500 Your bond market looks a little something like this You got the $15 billion taper announcement You were looking for Yield to higher by four basis points on tens up by three basis points on 31 98 and 30s one 59 on ten but the focus of the street is going to be on the front end to the belly of the curve of three basis points on twos at 48 basis points Here is the chairman of the Federal Reserve Federal Reserve we are strongly committed to achieving the monetary policy goals that Congress has given us Maximum employment and.
Bloomberg Radio New York
"chairman paul" Discussed on Bloomberg Radio New York
"Economics Chairman Paul looks brilliant planning some breaking news for you Share sell investment. The narrative of the reopening trade has changed the Bloomberg surveillance podcast. You want some volatility? Time? Please do want me to go. That's gone. Keen, Jonathan Ferro, Lisa Abramowitz and the names that shape the world's markets. Joseph Stiglitz of Columbia University, the laureate Bloomberg Surveillance. Listen today at Bloomberg Com. The Bloomberg Business half or subscribe on Apple podcast. Adopt US kids presents what to expect when you're expecting a teenager learning the lingo, jelly jelly adjective jelly is a shorter, better way to say jealous as in Chloe, I am like so jelly of your unicorn phone case. You don't have to speak team to be a perfect parent. Thousands of teens in foster care will love you Just the same visit. Adopt us kids dot org. Brought to you by the US Department of Health and Human Services adopt US kids. And the ad Council Burden LLP. Accountants and advisors presents Tax Jack with Lisa Goldman partner and leader of Burdens international tax and advisory practice. If you're a high net worth individuals with international investments or business owner with operations overseas, it is essential to have a tax advisor who knows how to protect your assets on a global scale. Owning and investing in foreign corporations comes with certain tax responsibilities, burden, accountants and advice. Works with clients to ensure that they understand the intricacies of the global market, maximize the tax opportunities available and reduce the challenges presented by international tax laws. If you're a high net worth individual or business owner let burden help protect you, your family and your business For more tax chat from burden. Accountant Sent advisers Visit Burden LLP Com. That's b e r d O N l l p dot com Burden Accountants and Advisors. We loosen we saw We do. The Alzheimer's Association and the Ad Council present the story of Tom and leave by Thomas the smartest man I know he's been a professor, two major universities been a teacher for over 40 years. One day. He told me that he was having, um, problems in his classes. I think one of the students had asked the question and he didn't remember the answer. I also noticed that he was late in his class out earlier than they were supposed to let out and he was telling them that he was doing it as a favor to them. I am, but I think in reality just wanted to get out of there. I I was really certain to worry because I saw something is wrong. Levi and I talked about out would change our lives. But he was there beside me and my love for him was just immense..
600 WREC
"chairman paul" Discussed on 600 WREC
"Jefferson County Republican Party Chairman Paul DeMarco, blasting it as a political move that is setting a terrible precedent for the country. President Trump has seven days left in his administration has said he is going to work for an orderly transition, Peaceful transition. So for the Democrats to do this is further dividing the country. Senate leader Mitch McConnell says there is no chance for a trial before the inauguration. Next news at 5 30. Now it's time for the Michael Berry Show. Jim Farraday on Birmingham's local news, traffic and weather leader. These radio 1055 w we are see. It's that time, time time lock and load. Michael very show is on the air. The house voted to impeach the president today. I hope they're happy. This isn't healing, and this isn't unity. George R. R. Martin. Famously.
Heartland Newsfeed Radio Network
Trump issues 26 more pardons, including Paul Manafort, Roger Stone and Charles Kushner
"And the partners. Just keep coming. Cnn reporting president trump wednesday announced twenty six new pardons including ones for longtime ally roger stone former campaign chairman. Paul manafort and white house senior adviser. Jared kushner's father charles those pardons of manafort and stole reward. Two of the most high profile and widely condemned for advisors of the president. Both of whom were indicted by special counsel. Robert muller went to trial and were convicted by jury of multiple crimes.
Heartland Newsfeed Radio Network
Trump pardons Paul Manafort, Roger Stone and Charles Kushner
"Partners. Just keep coming. Cnn reporting president trump wednesday announced twenty six new pardons including ones for longtime ally roger stone former campaign chairman. Paul manafort and white house senior adviser. Jared kushner's father charles. Those parts manafort and stone reward two of the most high profile widely condemned for advisers of the president. Both of whom were indicted by special counsel. Robert muller went to trial and were convicted by juries of multiple crimes.
San Diego's Morning News with Ted and LaDona
Trump issues more pardons, including Paul Manafort, Charles Kushner
"Trump has doled out more pardons to some controversial figures. Former Trump Campaign Chairman Paul Manafort and former adviser Roger Stone were granted pardons. Both have been called in the special counsel's Russia probe. Manafort convicted of tax fraud stone convicted of lying under oath to lawmakers, President Trump also pardon Charles Kushner, the father of presidential adviser Jared Kushner. The older Kushner admitted to tax fraud. He was prosecuted by former New Jersey governor Chris Christie. At the time. Christy called the case disgusting, saying part of the Lord crime involved Kushner paying a prostitute to seduce his brother in law and videotaping the encounter.
The Other Side of Midnight
Trump pardons Paul Manafort, Roger Stone and Charles Kushner
"People receiving pardons Wednesday, including Tomb or associated with the 2016 Trump campaign. Former Trump Campaign chairman Paul Manafort and former adviser Roger Stone were granted pardons. Both have been called in the special counsel's Russia probe. Manafort, convicted of tax fraud stone convicted of lying under oath to lawmakers, President Trump also pardon Charles Kushner, the father of presidential adviser Cherry Kushner. The older Kushner admitted to tax fraud. Fox is Jill NATO on Fox is Tucker Carlson Tonight, Roger Stone said his prosecution on charges of lying to Congress was purely political Election day when no one was watching. The Justice Department released the last remaining redacted sections of the Muller report in which they admitted that they had no evidence whatsoever of my colluding with Russia. Wikileaks Julian Massage trafficking and emails President had previously commuted stones prison sentence. He has now traveled to his moral Lago resort for the holiday.
Press Play with Madeleine Brand
Trump pardons Paul Manafort, Roger Stone and Charles Kushner
"Trump has granted pardons to his former campaign chairman, Paul Manafort is former adviser Roger Stone and Charles Kushner, the father in law of Ivanka Trump. The case but least Manafort and Stone. NPR's Ryan Lucas has more on White House grounds for the pardons. The White House said that the president had granted man for a full and complete pardon on then, as we have seen with others that Trump has pardoned who were implicated as part of the rush investigation. The White House called that probe hoax. It claimed that Manafort was a victim of prosecutorial overreach. Trump today Pardon 26 people and commuted the sentences of three others the second consecutive night of pardons and was expected be a flurry of acts of clemency before he leaves office.
The Daily 202's Big Idea
Mueller prosecutor says special counsel 'could have done more' to hold Trump accountable
"A former top prosecutor on special counsel Bob Miller's team writes in a new. Tell all book where law ends that the Group failed to fully investigate trump's financial ties and should have stated explicitly in their report that they believed he obstructed justice. Andrew Weissmann claims that Muller's efforts were limited by the ever present threat of trump disbanding their office and by their own reluctance to be aggressive against a sitting president. The team made sure it's work was logged into a computer system in a way so that it would be preserved if trump got rid of Mueller but Weissmann says the pressure caused them to pull punches. He likens it to a sword of Damocles hanging over all of their investigative decisions, leading them at certain times to act much less forcefully and more defensively than they would have if they were investigating anyone but the president. Weisman says it led them to delay and ultimately forego entire lines of inquiry though were quite promising particularly regarding this president financial ties to Russia. This bothered him deeply because in America no one is supposed to be above the law not even the president here is a key paragraph from Weisman's new book which comes out next week, and which we got an early copy of he writes quote. We still do not know if there are other financial ties between the president and either the Russian government or Russian oligarchs. We do not know whether he paid bribes to foreign officials to secure favourable treatment for his business interests a potential violation of the Foreign Corrupt Practices Act. That would provide leverage against the president. We do not know if he had other Russian business deals in the works at the time he was running for president how they might have aided or constrained his campaign or. Even if they are continuing to influence his presidency. Weisman was considered one of the top prosecutors at the justice, department had been a senior supervisor before Muller brought him onto his team. Now he teaches it Nyu law school in the book. Whitesman lays particular blame on Muller's number two errands assembly for stopping investigators from taking a broader look at trump's finances and he writes that he wonders whether investigators quote gave it their all Weisman lambasts attorney general bill bar for among other things giving the public a deeply misleading four-page summary of Moore's work before the full report was released publicly. bowlers report was far more damning than the anodyne description that bar put out. It was upon reading bars misleading four-page memo that Weisman decided yet moral obligation to write this book. Weisman is critical of Molar himself for not stating plainly that he concluded trump obstructed justice which Weisman says the evidence clearly shows Weissmann said in an interview on Monday with my colleagues Matt Sabotage and Spencer Sue that he told more, he would have stated that conclusion in the teams final report. More. Critically, Weisman complains how he felt more was wrong not to green light issuing a subpoena for trump's testimony, and he also details how he personally pressed the special counsel repeatedly to do so. The office also declined to compel testimony from the President's son Donald Trump Junior, or even to seek an interview with first daughter Ivanka trump who was involved in a lot of the potential misconduct described in the final report. Weisman's primary task was to lead the team called Team N, which investigated former trump campaign chairman Paul manafort for financial crimes in hopes that he'd flip to become a useful witness another team team are was tasked with exploring whether the trump campaign had coordinated with Russia to influence the election and another team six hundred was tasked with exploring whether trump had obstructed justice. Weisman is critical of that ladder team teams six hundred saying that an FBI agent assigned to it complained to him that it was quote pulling its punches and shooting down her views. And weisman alleges that its leader Mike driven another veteran former prosecutor. Confided in him privately that he would not have been. So mealy mouthed about saying the president had obstructed Justice Weisman's says driven. told him quote if you and I were in charge this is not how it would read. I should say here that Zebedee Moeller Andrew even did not respond to our requests for comment about what said about them in the book.
THE NEWS with Anthony Davis
Steve Bannon Arrested on Border-Wall Fraud Charges
"Architect of Donald Trump's twenty-six election victory who wants claimed he wanted to destroy the state and bring everything crashing down was arrested on a yacht on Thursday and has since pleaded not guilty after being charged with defrauding donors in a scheme to help build the president's signature wool across the US Mexico border. As a top advisor to trump's presidential campaign who later served as White House chief strategist. Bannon. Helped articulate the America first right-wing populism and fierce opposition to immigration that have been hallmarks of trump's three and a half years in office. Dinan was among four people arrested and charged by federal prosecutors in Manhattan with conspiracy to commit wire fraud and conspiracy to commit money. Laundering prosecutors accused the defendants of defrauding hundreds of thousands of dollars through a twenty, five, million dollar crowdfunding campaign cold we build the wall. Bannon used hundreds of thousands of dollars of that money to cover personal expenses according to the charges. He was freed on a five million dollar bond and was barred by Federal Magistrate Judge from traveling internationally. Bannon was arrested in Connecticut by agents from the prosecutor's office and the US Postal Inspection Service aboard a one hundred and fifty foot long yachts according to a law enforcement source trump told reporters at the White House that he feels very badly about the challenges but typically sought to distance himself from Bannon and the alleged scheme Bannon is the eighth close trump associates to be arrested or convicted of a crime former campaign chairman, Paul Manafort longtime friend and advisor Roger. Stone. Former national security adviser. Michael Flynn and former personal lawyer Michael Cohen. The indictment comes as the Republican. President trails Democratic challenger Joe Biden in opinion polls ahead of the November third presidential election. Biden's campaign said corruption surrounds trump.
Powerhouse Politics
Steve Bannon charged with fraud over Mexico wall funds
"Bannon has been arrested intimidated. By the Southern District of New York no less on fraud charges. This is not the development I expected to see as Joe Biden prepares to take nomination. But let's let's just remember here for a second that Steve Bannon was. Really an architect of the trump campaign He was chief strategist in the trump White House during most of year one. He is somebody who the president had a falling out with, but has more recently said Nice things about. This is something else and he now joins on the number of people really close to the president in really important positions that have been indicted arrested faced criminal charges, his campaign chairman. Paul. Manafort. His National Security Adviser Former National Security Adviser Michael Flynn, his personal lawyer. Michael Cohen, his really the first political strategist. Conceived of the trump campaign, I a Roger Stone not to mention a that we could get into but I mean this is this is quite cast of. Allegedly criminal characters of did have been right there at the president sign and the particular ironies around this that you have to the Post Office Acting against the Bannon you can't make that up and the fact that this is about the wall that Mexico was famously going to pay for in, of course that wasn't happening and there was an effort by alleged by Steve Bannon and several other people close to him to to raise money to to have private funds to pay for that wall they ended up according to the the US Attorney's office in the southern district trying to line their own pockets with that money. So it is downing the. Timing of this, of course, fascinating president trump had the US attorney in that southern district replaced by his attorney general just a few short weeks ago we know of other active criminal investigations that affect trump world they're coming out of that same office and all of this to happen here on on Joe Biden's Big Day on the eve of the Republican National Convention where the wall is going to be a major talking point Steve was a big part of that last convention he very much won't be this year.
Rush Limbaugh
Final Senate Intelligence Report On 2016 Election Russian Interference Released
"The Senate Intelligence Committee releasing its late Instalment of counterintelligence threats and vulnerabilities. The reporters close ties with former campaign chairman Paul Manafort and his associate constant in Kalim, Nick reports. His clinic was a Russian intelligence officer, Paul Manafort is serving 7.5 years in prison after pleading guilty to conspiracy charges. He also was convicted on charges related to his former lobbying efforts. This was uncovered during former special counsel Robert Mueller's investigation into Russia's election interference. And potential coordination with the Trump campaign
Morning Becomes Eclectic
Final Senate Intelligence Report On 2016 Election Russian Interference Released
"Three year long Senate Intelligence Committee probe affirms links between the Russian government on the Trump campaign as well as a Kremlin sanctioned breach. That undermined the 2016 election in Trump's favor. NPR's Tim Mak reports of final bipartisan report on Russian election interference is now public. The report outlines former Trump Campaign Chairman Paul Manafort CE work with a man named Constantine Kalim Nick, who they identify as a Russian intelligence officer. The Senate Intelligence Committee says that Manafort sought to share secret internal trump campaign information with him briefed Kalim Nick on the campaign's polling data and how they wanted to beat Hillary Clinton in the 2016 election. The report also says that the committee obtained evidence that clinic may have been related to the Russian government hack and leak operations targeting the 2016. American election. NPR's to Mack reporting, President Trump maintains He wanted 2016 election fair and square, calling investigations into his campaign's ties with Russia, a democratic and media fueled hoax
Colleen and Bradley
Gabrielle Union Files Discrimination Complaint Against Simon Cowell and 'AGT'
"Gabrielle union I there's some news about Gabrielle union yeah in fact she filed a complaint Thursday so Gabrielle union you'll remember let's back up a little bit we'll just say that the headline is that she has filed a discrimination complaint against America's got talent's producers along with NBC universal will we'll talk about the details in just a moment but I do think it's helpful to back up and remind people that this is not the first time they've heard of Gabrielle union's harassment complaints against NBC universal and America's got talent so let me just give you a little background on that we talked about that I actually can't remember the specific when new time this very fleeting at this moment do you are you tight when we initially yeah I talked about and that was like a month ago maybe actually you know what I have to be to win new terror it was November of last year okay we learned that Gabrielle union had a complaint a number of complaints to lodge against America's got talent but specifically Simon how you remember that's when we learned about for example the story about Jay Leno making a racist joke during a commercial break that they were filming so all that was you know just under a year ago but then and we knew stuff was going on behind the scenes because NBC universal had talked about how they were addressing the issue but we really didn't hear anything else well apparently being made the negotiations which they were in the midst of conducting were not enough order Gabrielle union didn't feel that those negotiations were leading to the results she was hoping for which it seems that is the reason that she went ahead and filed this complaint and I should say that this complaint is actually very likely a precursor to an actual lawsuit so that's that's that's what I know about blackouts I'm old I am I never happened just works okay so sorry technical difficulties over okay so this is the will so we're now in the precursor to a lawsuit that will be ruled out by Gabrielle union for these discrimination allegations likely I read the story in variety which talks about how this is all laid out and what the complaint actually is who it's to and I can tell you that the complaint itself was filed with California's department of fair employment and housing and it name specifically three outfits FremantleMedia Simon cowl's production company Syco or Sicko I don't know he said it's probably not psycho and then NBC universal and again those D. F. E. H. complaints are usually precursors to a lawsuit and Holly brought this up during the dirt alert so the NBC entertainment chairman Paul to like be he has also been accused in this recent complaint of threatening Gabrielle union through her representative for speaking out against the racism on the set that she felt she witnessed okay so this is like an onion right like the layers of an onion yeah there sure initial allegations that she shared publicly and you said it was in November past that well that's when the story broke we should say about her because you'll remember she and Julianne Hough four let go and I think it was shortly there after that we started learning that not all was well right so so there's that like sort of pod right so like you know she talked about things not being so great on set in November and then just in the complaint of that or the public awareness of that then she starts to experience harassment as a result of speaking out yes so when she you know made those those complaints public apparently she claims that she faced pushback and directly threats from the head of NBC's entertainment okay S. and you know none of the people that were names I believe are speaking with the exception of a spokesperson for NBC universal and here's what they said very categorically quotes the allegation that anyone involved in this process threaten his union is categorically untrue we took ms unions concerts CERN seriously and engaged an outside investigator who found an over arching culture of diversity on the show NBC universal remains committed to creating an inclusive and supportive working environment where people of all backgrounds are treated with respect it sounds like a very boiler plate you have to lease you know cover all your bases response it does not address the specific our issues brought up in her complaint and her people are taking you know everyone to task as a result I I'm not going to read the full response from her she I found this interesting this little side note but she's got this person speaking on her behalf and it says that he has power of attorney his name is Brian Friedman I'm not I'm not sure if that's just her legal representative but I'm I'm wondering if it's because of like coal bed that she he has to act as her power of attorney because maybe she's not able to be wherever interesting racing or maybe that's just totally standard but like when our attorney Mike white is Gabby union union you need our
Financial Exchange with Barry Armstrong
Michael Cohen released due to coronavirus from New York prison
"News Michael Cohen's been released getting the same treatment as former trump campaign chairman Paul man afford another prisoners in this corona crisis fox's John decker live in Washington Michael Cohen the president's former personal attorney was released from federal prison to home confinement as part of the justice department's effort to stem the spread of corona virus among federal inmates calling pleaded guilty in twenty eighteen in two separate criminal cases one involving campaign finance violations of the other involving lying to Congress call it will now serve the remainder of his three year prison sentence under home confinement in New
Rush Limbaugh
Former Trump campaign chairman Paul Manafort transferred to home confinement
"President trump's former campaign chairman is going home Paul metaphor was released from prison because of the corona virus crisis metaphors lawyer telling fox he is on his way home on home confinement he will be with his wife in Virginia Anne is obviously relieved fox's John decker Manafort's crimes include tax and