35 Burst results for "Richard Blumenthal"
Tech Path Crypto
A highlight from 1197. Elizabeth Warren Demands More Crypto Taxes Pro-CBDC Army vs Stablecoins
"So, Elizabeth Warren up to her antics again, this time using taxes, using CBDC, and many other tools to her disposal to try to take a position against crypto. We're going to be breaking down all of this for you guys today. My name is Paul Baron. Welcome back into Tech Path. I want to get into the first story here. Democrat senators want Treasury, IRS, to pick up the pace on crypto tax rules. So a few things that I want to break down in this article so you kind of know who the players are. I'm going to zoom in on this one. Elizabeth Warren, Bernie Sanders, Robert Casey, and then Richard Blumenthal, all involved in this. The idea is pretty simple. Treasury and IRS have until the end of the year to finalize new rules to help close the estimated $50 billion crypto tax gap. Now, this is something we'll break down because this is not necessarily the real scenario. It's what they're proposing out there. The other thing they want to put in here is, without quick action, your agencies are at risk of failing to meet congressionally mandated deadlines and the implementation of the final rule. We urge that you act swiftly and implement strong crypto tax reporting rules for cryptocurrency brokers. All of this, which we'll get into, one of the things the industry has said has become very antsy waiting on guidance, particularly with regards to the IRS defines a broker. Industry observers have claimed that the broker definition is very broad. We all know that because it could include miners and also software developers. That's another problem that already exists in crypto of who is a broker. And then secondly, or additionally, what are we hoping for? An industry perspective that is updated with the 6045 regulation, which basically gives different qualifications based on type of activity. The other thing they break down is it'll hopefully make it clear that not everyone effectuating a transfer of a digital asset would be subjected to a broker reporting. So this gets into some of the details of when taxes do apply, and we'll show a little bit more about this. The letter, the senatorial letter, comes days after the IRS issued new guidance update in 6045 regarding crypto staking, which is the other part of this that's pretty big, in which the agency ruled that staking income, regardless of the gains are realized, will be taxed as income. So you have to think about that for a second. You're staking ETH, you get ETH in return. You haven't sold ETH, but you're taking that as an income. That is the argument I think that everybody, of course, is up in arms about. If a cash method taxpayer takes stakes cryptocurrency native to a proof of stake blockchain and receives additional units of cryptocurrency as rewards, which is what happens here when the validation occurs, the fair market value of the validation rewards received is included in the taxpayer's gross income. So if you are staking, that's a problem. The interesting thing is that you do not take tax gains if you're putting that in a money market and you're getting paid interest. That's not gains until you exit those kind of scenarios. So this is an interesting aspect of how the IRS and how Elizabeth Warren is really putting pressure on it. Another point I want to get to here. This was coming from the 2021 Infrastructure Investment Employment Act, which is where all this came from. But basically, it said if we do not act quickly, that is, if the Treasury and the IRS do not implement these new rules in a timely manner, we risk missing out on roughly $1 .5 billion in tax revenue for fiscal 2024. At this point, you should not give this chance to tax evaders, which is what they're calling crypto people. And I think this is something that people don't realize just how much taxes are being paid by people in crypto. In fact, countries with the most taxpayers currently in cryptocurrency, United States leading the way, number one, Japan, number two, Germany, United Kingdom, and Austria. So you can kind of see we're already handling this because crypto is like any other really asset out there if you think about it. If you take a gain, if you sell an asset and you take a gain, that's a capital gains tax. And it applies to capital gains rules. Those are the same kind of scenarios that play into it. What I don't necessarily think is going to be popular is for them to continue to reach in to these unrealized gains, like taking unrealized gains and taxing them in any other corporate infrastructure, just not necessarily the model in which this plays out. The other thing that income tax is payable on is you're getting paid in crypto. That's revenue. So you're paying tax on that. You get an airdrop. That's a new asset you've received. Getting taxes on that. Staking rewards. That's the other scenario that plays into this. DeFi interest. Mining rewards and then even referral bonuses. All of those are income taxable at this time. There was a couple of things here in a report from CoinLedger that I want to showcase. And this was really kind of going through the people in their survey of who understood when a taxable event occurs. So 65 % of investors correctly identified that selling cryptocurrency is a taxable event. Now you have to sell it for a profit, of course. If you sell it for a loss, that's not obviously a taxable event. But only 38 % of the investors correctly identified that a crypto -to -crypto trade is a taxable event. So this is still questioning and also it's still not completely clear so that the IRS, but also even your tax preparers understand really what's happening out there in the place. And I think, again, this all goes back down into regulation, which will flow into the tax code and many other aspects. This is kind of interesting right here. This was further from the CoinLedger report. 50 % of non -taxpayers don't report because they haven't made a profit currently in cryptocurrency. You have to remember the last two years, really since 2021, almost anybody in crypto, along with other assets out there, have been in the negative. Right now, haven't made a profit, so you're not going to be paying taxes on that. I didn't know I had to report. Some people said that. I don't understand how to report, 12%, and then I don't want to pay taxes, 7%. So that should have been larger. Government doesn't know about my cryptocurrency. Okay, those are the bad guys right there. So the likelihood is if you guys are watching our show and maybe you're brand new to crypto, it's treated like any other asset class. Doesn't have any really differentiation. It is money. If you're taking it as revenue, if you're taking it as income, if you're taking a sale and getting profit from it, you're going to be able to take taxes at that time. Those are taxable events. The other problem is that it's not like an investment if you do lose money where you get to use that as a tax loss. So that's another problem of how this could. Now you can do some tax loss harvesting, of course, obviously you should get with your own CPA to understand how that works. I want to go to a clip here because the clip will go into a little bit about where, and we're kind of transitioning out of taxes into CBDC, but where Warren stands on CBDCs. Let's know what she said. So that's not so hard on stablecoins. The harder one is what do you think Bitcoin is about? If you think it's about being able to transfer value without having to go through banks, and little side note, I think banks have done a really bad job of a lot of the things they're called on to do. Yeah, the biggest advocates of Bitcoin sound like you. Yeah. Meaning they want to break up these big banks have been terrible, right? That's exactly right. And they've cheated consumers and they've kept prices high and they're slow and they won't cash a check. Five to seven days to three to five days. There you go. And it was a huge victory. Huge victory, right? That they only held onto your money for five to seven days. So a lot that banks do wrong, if you think we could improve that in a digital world, the answer is sure you could. But in that case, let's do a central bank digital currency. Are you there? Oh, for a central bank digital currency? Yes. All right, so you can see she's very pro central bank digital currencies. If you look at Warren Davidson's tweet right here, in America, CBDC should be banned. This was one option, a jailable criminal offense declaration of war and implemented. Obviously that was his kind of poking fun at, but banned is the big one is that we shouldn't use it. This is a big scenario that plays out, has been playing out for quite some time on the CBDC front. So let's just understand that CBDCs, if we do get to that, and I think this is one of the reasons that obviously crypto in general has been more popular and started to become more popular around the world, especially in countries that already have problems with their fiat. And I think that is going to be an issue that will continue to face here in the U .S. of how that does play out on a digital currency. If you look at what's happening in China, obviously their social credit system is all tied to eventually to the money. So definitely a problem. Now the other things that play into this is that there could be some scenarios right now where Gensler is going to start trying to do some other things to try to deflect maybe a possible loss that could be coming at him. One of the things that's happening right now, this of course, hacks crypto founder used investor funds to buy almost four and a half million Black Diamonds. This is the SEC. So this again is nefarious actors like Richard Hart and others that have been in the crypto space. Listen, this is not the only place that has those kinds of actors out there, but this is a good example of just how the SEC is trying to go in and deflect a little bit. Here was one of the things they charged, SEC charges 18 Utah defendants with a $50 million crypto fraud scheme. So again, Gensler and the SEC are on the warpath right now. And I always wonder why, because these are small fraud. And I look at this, they're definitely not a Binance, they're not an FDX, and they're definitely not a Coinbase. So why are they going out after these very low hanging, I'm sure they should, but it's almost making mountains out of molehills in the kind of scenario that this is faced into right now. Are they maybe setting up for deflecting off of a potential big loss, such as possibly an approval through the House on these crypto bills? Just to give you an idea of just how close Gensler is to the regulatory and the political landscape, look at the timing here. January 12th, this was 2023, he sued Genesis. During that time, we had the House Financial Services Committee announcing their subcommittee on digital assets, so nice timing there. February 12th through the 14th, Wall Street comes in and says they've issued a Wells Notice for Paxos. At the same time, you had a committee hearing on crypto crash, why financial system safeguards are needed. Then you had this one, March 19th, he goes in and he publishes the op -ed in The Hill, and then you had the Senate Ag Committee saying we're going to do these crypto hearings. Then he does April 27th, and you can kind of see it just all ties in to activity that's happening in the political forefront. He is coming in, or the SEC coming in, and timing is everything. So the reality is that all of this is going to play into the hands, I think, of the industry and also to the lawmakers understanding what the SEC's overreach has been. So it's going to be one that will probably play out in a very short period of time. I want to go to this next clip of Ron Hammond from Blockchain Association. Listen in. At least in the market structure bill, which again, got more votes than the stablecoin bill from Democrats, which blew everyone's mind in D .C. No one expected that to have ever happened. We were expecting like four or five. We had six Democrats join. Stablecoins were expecting 12 or so Democrats to join. We only got five. All right. So simply kind of taking a little bit of a victory lap of what has happened here recently on the House floor in terms of the committees and getting ready to send both of these bills to the House for a potential vote. This will happen in September. Let's take a listen to this next clip on Hammond on Gensler. And I think the market structure vote in particular just shows how much he's lost his own party in terms of buying the narrative that, A, the status quo is fine, B, there's no need for legislation, and three, he's doing a good job on the enforcement end. And we saw that on all three arguments from different Democrats fail each time. And I think the fact that there's six Democrats who bucked their own party, who bucked the SEC and said, yeah, we're going to advance the market structure bill forward. Even the House Act Committee said, yeah, we're going to advance this bill forward, too, without any opposition recorded. That's huge. All right. So I think the play out on this, you know, when you look at the current landscape right now of what Warren's attack is, the crypto army, you look at the positioning that really D .C. is doing currently, and now could this play into the political landscape for 2024? Yes, it could. But the bigger play here, I think, is still the regulatory front. And that means that either the SEC is going to lose some of its power and the CFTC is going to come in and start to have a little bit more divvy up of what digital assets and how they're controlled through these government agencies. But really, how does this play out maybe into the future? This note right here from the block, they were talking about the commission being the SEC has so far received 52 letters about these proposed funds. This is in reference to ETFs, with most of them expressing support. So it's very possible that we could see an ETF actually get passed here. And you've seen some of the things we've talked about here on the channel before in the last couple of weeks, you know, everything from the Bloomberg team and so on around the potential of the ETF getting passed, the Bitcoin ETF. If that does get passed, that would be huge for the market, would absolutely legitimize what's happening in this space. And I think it would probably, in most cases, put so much pressure on D .C. that they have to move to going in and actually getting some landscape in play. Most of the comments against the approval appeared in multiple letters from a business consultant calling themselves the due diligence. I think basically this is a bunch of banks tied in behind this and this was the counter argument to what an ETF should be. So there is full political folly in play here and it is happening at, I think, light speed right now, much faster than what I anticipated even. One of the last things here is the comment period wraps up next week. So the SEC accepting letters for the final funds around August 11. So meaning that Gensler is getting ready to have to actually make some decision either for or against or a delay, which is probably what most likely will happen. But the good thing is that, like I said, there's going to be a potential right now which keeps increasing of a potential approval coming from some of the best ETF experts in the world that are analyzing where the situation is and kind of how it's going forward. Additionally, you've got anti -crypto movement now escalating Congress's assault on privacy. This is where a lot of people are starting to look at the idea of cash and just personal privacy, which is one of the biggest issues really around the world. And if you think about just how important that is, this would give you an example, cash matters, free citizens entitled to privacy and the protection of their data. In the UK, 74 % of people say cashless society would take away the people's right to choose. In the U .S., it's 73%. When it comes to purchases, personal preferences should remain exactly that, simply meaning that with a CBDC, we all know what that means, the control of the cash, control of what you spend on, then it gets into the control of what you spend on based on your political viewpoints or other aspects of your life that all start to play it. So cash does pretty much empower citizens to become capable of kind of voting with their wallets. And I think this is a very critical scenario that's playing out right now. CBDCs will be a big part of this. So you've got CBDCs happening, you've got what we're going to be dealing with on a taxable side and then the legislative. So all of this happening right now, literally in 2023, and it seems to be coming to a head very quickly. I think as we move forward, there's going to be two things that come out of this, and that is how these bills start to move their way through Congress and eventually, if we do get approvals, to the president's desk. Here's of course, the Senator Lummis and Gillibrand bill. Just another piece of legislation that is making its way through. Most likely, this is one that will not happen, mainly because of the association and the collaboration, I think, with the ICC. The bill involves a broader swath of agencies, so this is kind of interesting because it gets into the Office for Foreign Asset Control, the FTC, OFAC, FinCEN, et cetera. The SEC is provided also with something that a section -by -section overview claims resolves a long -standing issue with the SEC custody requirements. Probably the bill that will not make its way through, which gives us back to the scenario of the two bills that are currently on the floor that most likely will make it. So good news, I think, in general, bad news for the crypto army and CBDC is still coming to a head, but I think the good thing here is that, in many cases, it's like bad PR is even good PR, but the point is that the industry, lawmakers, finance community, they're all talking about crypto, and in the end, that is good for the asset class. One other thing that did happen, which is kind of interesting, this was a letter to Tim Cook, and we did a full video on this, so I won't go into the detail of this, but mainly it was trying to get Apple to get less and less constrictive on asset classes that are making their way through apps or innovation that are involved with blockchain. One of the things that they got into was purposely limiting choice and stifling innovation at the expense of user experience. This is a problem that Apple kind of faces for quite some time. And we broke down a lot of this, but the big deal is this right here, responding to the following questions no later than 5 p .m. on August 14th. So this is another issue that is coming to a head here in August of Apple having to actually address what's happening in Capitol Hill around the blockchain and the crypto industry as a whole. So again, just another big benefit, I think, for where this market is going. I want to go to this next clip here, and this is again Ron Hammond, on where he thinks Apple's position is. Listen in. But this is a bipartisan letter from the leaders of the subcommittee on innovation. That sends a message that says, look, I mean, Apple's getting hit on a number of fronts, but this definitely sends a message saying, you know, hey, look, you're on the clock right now. We're looking at you. So that committee is going to be taking more of a role over time because we've seen this talk and this narrative of crypto really shift more and more in D .C., at least, talking about the tech itself, which is perfect, is exactly what I want to talk about, the innovation and the technology itself. And that's the Energy and Commerce Committee. That's a bipartisan letter that sends a pretty good warning shot to others in the industry saying, look, you know, crypto is here to stay. We have concerns that the U .S. are probably blocking them out. And that's not good on our watch. All right. So I think this is one of those things, again, that the thwarting of innovation is a concern here in the United States because it's one of the things that pretty much pushed the U .S. ahead of the entire planet when it comes to really capital growth, entrepreneurship, how we grow our own economies, but more importantly, our position in the hierarchy of the global structure in terms of just being the global power. And I think if you consider that, you have to look at what's happening in Europe. And with the EU, markets and crypto assets regulation, this is MICA, this is a regulation that's pretty much been in place, and it's now starting to take form. And one of the things that you have to kind of look at here is their consultation package three. These are all actually happening now. Qualification of crypto assets and financial instruments, monitoring detection, notification of market abuse, investor protection is happening, you can kind of see the things there on reverse solicitation, policies, procedures, all that. System resilience and security access, all that is building. Mainly what is going on right now in MICA is they're prepping to get all of this regulation in place so that they can roll out this program. And when they do, it is going to put the EU at the front and center of one of the biggest asset classes that has ever been created. This is the power of what crypto and blockchain is bringing to the planet. And that's why I think we are seeing all of this scrambling going on here in 2023 in the U .S. Look at the timeline here of MICA. June hits, publication goes out. July, the consultation package one already rolls out. October of this year, we're going to see package two. And then by Q1, that's when that consultation package three goes into play. And then we have early entry into the application and then the rollout by end of next year. So this is pretty significant. Further into their rollout, this kind of, let me kind of zoom out on this a little bit. This shows more background on all the transitional measurements that are going to take place. And this looks complicated, but really what it simply means is these are the deadlines that they're trying to meet to get all of the organizations that are applying for regulatory position in the EU into play so that they can go into the markets with all of these things in a legal way. And I think that is what is interesting. I think they're going to stay very sharp on these timelines because they don't want to look stupid. And right now, the world is watching. Everybody's looking at this. Asia's watching this now. The U .S. is pretty much on a big race with it. I want to go to a next clip here. And this next clip is a little bit more about the BRICs, now why the BRICs matter. And listen to this one. This is an important one. Yeah. So BRICs is a collection of countries that are trying to find an alternative to what they see as the hegemonic dollar based U .S. run global economy. So BRIC stands for Brazil, Russia, India, China, South Africa. But what happened in the wake of the Ukraine invasion is that the U .S. seized Russia's presumably to try to set off a banking crisis. Now, ironically enough, for separate reasons, our banks crashed. But anyway, that didn't work. But the problem, yeah, the problem is that every country on earth saw that happen. All right. And you've got now all these countries that they were never really hostile to the U .S., but they're starting to wonder now, could they come after me? Could they try to crash my banks? But at this point now it's accelerating. And so they've got a meeting coming up in August. And one of the items that may or may not be on the agenda is the prospect of a gold backed BRICs currency. What I think is interesting is that if any country did gold back a widely used currency, that would I mean, it would be catastrophic for the U .S. dollar. Right. That would give the world an alternative sort of payment rail that is even stronger than the dollar is today. All right. So hopefully you guys are seeing how all of this is connected. You go from everything that Elizabeth Warren is doing on the legislative front to basically tax Americans, kind of setting up the scale of what and how this asset class is going to be dealt with, to how we're going to control the digital dollar, which is the CBDC, and whether or not FedNow will play into that in the future. Then you tie into all this regulatory framework. And then lastly, but not least, is BRICs and their importance on the global front. If you look at this tweet right here on World Statistics, GDP at purchasing power parity of the world. Here's the G7. You can kind of see U .S., Japan, et cetera, all the way in there, 45 percent 1993, all the way down to 2028, around 27 percent. The BRICS nations, all the way down to 2028, they will actually accelerate over the GDP of the G7. This is pretty significant because all this was, again, projected by the IMF, the International Monetary Fund. One of the things around this is whether or not, and St. Auge talked about that, Peter, the guy that we just did a clip on, he talked about the importance of this gold -backed dollar or BRICS currency. If that were to occur, that would be, as he said, catastrophic for not only the U .S. dollar, but I think catastrophic for the globe because we would see a shift in power pretty quickly. So here's the alliance right here. This is a scary picture. BRICS alliance will discuss the usage of local currencies for cross -border transactions in the upcoming summit in August. Now, the good thing, the good news, if there is some, is they're talking about using local currency as opposed to gold. Had they used gold, that would have been a huge blow into, really, the future of the U .S. dollar, and they still may go that direction, so you have to be considering that. Again, why is it important to be investing in cryptocurrencies or digital assets? We've just painted out a picture for you and the reasons why all of this flows up in a very interesting domino effect toward how just monetary systems are going to be run in the next 100 years. Stablecoins' potential counter to de -dollarization, that's a big part of this. So in this particular scenario of this article, people familiar with the talk said that the last moment the White House National Economic Council, this was Lael Brainard, dumped cold water on this stablecoin bill saying it didn't put federal regulators in a strong enough role. And remember, if you'll recall, we did a video on this where, of course, Patrick McHenry and Maxine Waters were negotiating that. And there seemed to be an agreement prior to going to the vote. And then at the last minute, Maxine Waters pretty much got the phone call from the red phone and that was dislodged. And then, of course, McHenry went to the floor with what was the old bill that did not have all the changes in it. So again, a lot of politics being played out right here in D .C. And again, this is very important because of the global position and what we are trying to do to essentially compete at a very high level. I want to close this out quickly with our last clip here. This is just the stablecoin timeline from the Blockchain Association listening. It does, unfortunately, hinder it a little bit, but I've had conversations with staff and members of Congress after the fact, and they seem very gung ho in trying to resolve this issue before the whole entire House votes on that bill. But likely what's going to happen is that in the fall, there's going to be a general House floor vote. Every member of the House gets a vote on this, which, again, it's a lot of education. So I've already had some Republicans reach out to me for more the right wing of the caucus saying the stablecoin bill is just a CBDC bill. And it's like, no, it's not. It's nothing related to that. On the left, we're seeing a little more consumer protection concerns and also just the general crypto skeptic concern as well. So August, we're going to have a break and in the fall, you're going to have a vote, right? Exactly. But I think for sure in twenty twenty three, we'll have a general vote on the House floor. And then you can see for yourself what your members of Congress are supporting crypto or guardrails for crypto and which ones say, you know, nah, you know, I don't I think the status quo is fine. All right, so big actions happening this fall and part of this will, of course, will be the stablecoin bill, but also crypto and digital assets in general hitting the House floor. This and as Hammond said, this will be a critical time because the scenario that plays into this right now is it's going to showcase into a lot of what we'll see in the political runs and the campaigns that are being run next year in twenty twenty four. So this could become a little bit more of a voting scenario. So hopefully this has given you guys a rundown. I know it's it's it is a lot here to to kind of digest. If you're new to our channel, we try to break these down. And I promise we're going to try to get these in a little bit, maybe smaller bite sizes. But you can see the breadth of what's happening globally, especially here in the United States right now, because this is a fight for your wallet. And that's why it's so important and that's why we're seeing so much activity happen. You guys are part of the Diamond Circle. Great. Glad to have you in. But if you're not, make sure and join. All you have to do is click the link down below. We we do, of course, a podcast over there, a lot of additional research. I even do additional analysis over there. So it's a great place for you to start here with the PBN team. And of course, it's the best way to get to us. Just go to our website. You can join right there. Of course, if you're not following me at that out there on X, it's just at Paul Baron. We'll catch you next time right here on Tech Path. We'll be right back.
AP News Radio
ChatGPT's chief testifies before Congress as concerns grow about artificial intelligence risks
"The head of the artificial intelligence company that makes chat GPT tells Congress at a Tuesday hearing regulation is necessary. In testimony at a Senate hearing OpenAI CEO Sam Altman says they know people are anxious about the technology changing the way we live and so are they. We think that regulatory intervention by governments will be critical to mitigate the risks of increasingly powerful models. Chat GBT can be used to answer questions right term papers even mimic humans like this. Too often. We have seen what happens when technology outpaces regulation. That was the chat GPT trade AI version of senator Richard blumenthal, here's the real Democrat. Sensible safeguards are not in opposition to innovation. Accountability is not a burden far from it. They are the foundation of how we can move ahead while protecting public trust. I'm Julie Walker.
77WABC Radio
"richard blumenthal" Discussed on 77WABC Radio
"Now back to dick blumenthal we didn't forget dick and Connecticut Or dick in Washington I guess it would be And he tells I guess the post millennial that if Trump selected president starts partying these people it's time to impeach him again There would be three Cut ten go Pardons the January 6th rioters The insurrectionists who almost described everybody on January 6th was an insurrectionist I'm telling you these people are evil Evil But this guy talks like lawn Cheney in one of those old sort of phony scary movies with the monsters and everything Yes yes You don't know who I'm talking about Yeah Yes Yes This way please Come this way Let's start at the top Dick blumenthal Before he does you Cut ten go Pardons the January 6th riots the insurrectionists who almost destroyed our democracy Almost destroyed our democracy Really It's like climate change folks It's like Trump with the cages for young people you know They have to lie all the time They have to take an event and make it A thousand times worse January 6 almost destroyed our democracy It didn't even come close to destroying our democracy
Mark Levin
Sen. Richard Blumenthal Calls for Trump's Impeachment Again
"Now back to dick blumenthal we didn't forget dick and Connecticut Or dick in Washington I guess it would be And he tells I guess the post millennial that if Trump selected president starts partying these people it's time to impeach him again There would be three Cut ten go Pardons the January 6th rioters The insurrectionists who almost described everybody on January 6th was an insurrectionist I'm telling you these people are evil Evil But this guy talks like lawn Cheney in one of those old sort of phony scary movies with the monsters and everything Yes yes You don't know who I'm talking about Yeah Yes Yes This way please Come this way Let's start at the top Dick blumenthal Before he does you Cut ten go Pardons the January 6th riots the insurrectionists who almost destroyed our democracy Almost destroyed our democracy Really It's like climate change folks It's like Trump with the cages for young people you know They have to lie all the time They have to take an event and make it A thousand times worse January 6 almost destroyed our democracy It didn't even come close to destroying our democracy
WTOP
"richard blumenthal" Discussed on WTOP
"Now entering the second year of the war with Russia, and while some in Congress are skeptical of providing more USAID, there's considerable bipartisan support to keep the assistance coming. Capitol Hill correspondent Mitchell Miller takes a deeper look at the issue. When it comes to this war, we're not forgiving and forgetting. South Carolina Republican senator Lindsey Graham, who says he has little doubt that the U.S. support will continue. We're going to continue to flow weapons to the Ukraine so they can defend themselves in evict the Russian invaders. Financial support to keep the lights on and stand by the Ukrainian people. Their fight is really freedom's fight. Graham is a bipartisan co sponsor of legislation that would designate the Wagner group, which is a Russian paramilitary entity as a foreign terrorist organization. Its fighters include thousands of Russians who have been let out of prison on the condition that they fight for Vladimir Putin. An ally of Putin's runs the group. Connecticut democratic senator Richard blumenthal is a co sponsor of the legislation aimed at Wagner, known as the har act. We should take this moment. The first anniversary of Putin's murderous invasion to say that the world will not tolerate groups who murder, torture, savagely enable Putin's criminal invasion. A group of House Republicans, however, still believes the U.S. is putting too much time and resources toward protecting Ukraine at the expense of domestic issues. Rhode Island democratic senator Sheldon whitehouse says there's nothing wrong with oversight of the aid, and he says lawmakers have let Ukraine's president zelensky know the assistance is being closely tracked. If there are questions about the integrity of the treatment of the U.S. funding in the U.S. munitions, you need to be completely crystal clear with everyone in Congress and making sure that you can reassure them that that is being handled. The U.S. has now provided well over $100 billion in aid to Ukraine, including military financial and humanitarian assistance. And The Pentagon on Friday announced a $2 billion commitment that includes more ammunition and high-tech drones to continue the fight. On Capitol Hill, Mitchell Miller WTO. Coming up on WTO. More women than men at risk of having a heart attack if they don't get enough sleep. I'm Ann Kramer. It's 1213
WTOP
"richard blumenthal" Discussed on WTOP
"Dot com today and schedule your free in home estimate. It's 9 11, Ukraine is now entering the second year of its war with Russia, and while some in Congress are skeptical of giving more USAID, there is considerable bipartisan support to keep that money coming to TOP Capitol Hill correspondent Mitchell Miller takes a deeper look at the issue. When it comes to this war, we're not forgiving and forgetting. South Carolina Republican senator Lindsey Graham, who says he has little doubt that the U.S. support will continue. We're going to continue to flow weapons to the Ukraine so they can defend themselves in evict the Russian invaders. Financial support to keep the lights on and stand by the Ukrainian people. Their fight is really freedom's fight. Graham is a bipartisan co sponsor of legislation that would designate the Wagner group, which is a Russian paramilitary entity as a foreign terrorist organization. Its fighters include thousands of Russians who have been let out of prison on the condition that they fight for Vladimir Putin. An ally of Putin runs the group. Connecticut democratic senator Richard blumenthal is a co sponsor of the legislation aimed at Wagner, known as the har act. We should take this moment. The first anniversary of Putin's murderous invasion to say that the world will not tolerate groups who murder, torture, savagely enable Putin's criminal invasion. A group of House Republicans, however, still believes the U.S. is putting too much time and resources toward protecting Ukraine at the expense of domestic issues. Rhode Island democratic senator Sheldon whitehouse says there's nothing wrong with oversight of the aid, and he says lawmakers have let Ukraine's president zelensky know the assistance is being closely tracked. If there are questions about the integrity of the treatment of the U.S. funding and the U.S. munitions, you need to be completely crystal clear with everyone in Congress and making sure that you can reassure them that that is being handled. The U.S. has now provided well over $100 billion in aid to Ukraine, including military financial and humanitarian assistance. And The Pentagon on Friday announced a $2 billion commitment that includes more ammunition and high-tech drones to continue the fight. On Capitol Hill, Mitchell Miller WTO. A judge in Baltimore orders a detailed report on sex abuse by Baltimore priests to be released. I'm Dan raun. It's 9 13
WTOP
"richard blumenthal" Discussed on WTOP
"Honda dealer. Two 41, Ukraine now entering its second year of fighting with Russia. And while some Congress are skeptical of providing more USA, there is still considerable bipartisan support to keep the assistance coming. Capitol Hill correspondent, Mitchell Miller, with a deeper look at the issue. When it comes to this war, we're not forgiving and forgetting. South Carolina Republican senator Lindsey Graham, who says he has little doubt that the U.S. support will continue. We're going to continue to flow weapons to the Ukraine so they can defend themselves in evict the Russian invaders. Financial support to keep the lights on and stand by the Ukrainian people. Their fight is really freedom's fight. Graham is a bipartisan co sponsor of legislation that would designate the Wagner group, which is a Russian paramilitary entity as a foreign terrorist organization. Its fighters include thousands of Russians who have been let out of prison on the condition that they fight for Vladimir Putin. An ally of Putin's runs the group. Connecticut democratic senator Richard blumenthal is a co sponsor of the legislation aimed at Wagner, known as the har act. We should take this moment. The first anniversary of Putin's murderous invasion to say that the world will not tolerate groups who murder, torture, savagely enable Putin's criminal invasion. A group of House Republicans, however, still believes the U.S. is putting too much time and resources toward protecting Ukraine at the expense of domestic issues. Rhode Island democratic senator Sheldon whitehouse says there's nothing wrong with oversight of the aid, and he says lawmakers have let Ukraine's president zelensky know the assistance is being closely tracked. If there are questions about the integrity of the treatment of the U.S. funding and the U.S. munitions, you need to be completely crystal clear with everyone in Congress and making sure that you can reassure them that that is being handled. The U.S. has now provided well over $100 billion in aid to Ukraine, including military financial and humanitarian assistance. And The Pentagon on Friday announced a $2 billion commitment that includes more ammunition and high-tech drones to continue the fight. On Capitol Hill, Mitchell Miller WTO, B news. Coming up on WTO approval on a brand new home combination combination home test kit to detect both COVID and the flu. It's two 44
AP News Radio
House unanimously passes resolution condemning China's use of spy balloon
"The house is voted to condemn China's surveillance program as a brazen violation of U.S. sovereignty. The yeas are 419, the nays are zero. And members of Congress receive classified briefings about China's aerial spy program. Nobody wants spy balloons flying over whatever state it is, right? And we need to do more to address. Alaska Republican senator Dan Sullivan thinks the balloon should have been shot down before it flew over his state. And what if it had been a missile? Montana senator Steve daines concerned about what information the device might have picked up over his state. Hovered over the most powerful weapons, known a mankind which are called intercontinental ballistic missiles. Democrat Richard blumenthal also calling for a crackdown on China's spying. Part of a effort
Mark Levin
Leora Levy: Richard Blumenthal Attended Communist Party Convention
"And he's been there forever He's been there a long time first attorney general then the U.S. Senate He's pretty much a trust funder isn't he Yes he is And it's even worse than that He was in the state legislature before he was attorney general He is a 37 year out of touch career politician I like to say I'm a career American He attends the Communist Party I escaped communism He lied to me Wait a minute stop right there Stop right there That's a very important point that people don't know And I mentioned in many years ago but you have refreshed my memory He did a ten the Communist Party convention First he denied it but then people had audio of it right They had video There's a video where he was introduced by a woman who said I love the Communist Party Everybody should be a communist And then he said he wasn't there but the video surfaced and then he said oh no one told me it was a Communist Party I mean he has a lot doesn't he He lies a lot You know he's well people know him for three things They know him because he lied about Vietnam He lied about the Communist Party and don't get between him and a camera He's in front of every camera he can find That is what he's known for He has done nothing for our state except rubber stamp the failed Biden economic and energy policies the border policies everything that has made life in Connecticut unaffordable and unsafe
Bloomberg Radio New York
"richard blumenthal" Discussed on Bloomberg Radio New York
"Flavor is called secret breakfast. Delicious. Cocktails at tadich grill later in the day. Matt winckler, I thank you so much. We appreciate it. Let's head down to Washington D.C. world and national news with Nathaniel. It's Paul Ukraine's allies are considering their response to Russia's ramped up missile barrages across the country this week NATO defense ministers are meeting in Brussels. Secretary general Jan Stoltenberg says the alliance is provided Ukraine air defenses in the past, but he is pushing for more. Short range, long range air defense systems to take ballistic missiles, cruise missiles, drones, different systems for different tasks. Secretary general Stoltenberg also says the Nord stream gas pipeline explosions show critical infrastructure needs more protection. Russia says it has detained 8 people over last weekend's explosion at the landmark bridge to Crimea, Kremlin's domestic spy agency FSB says 5 of the suspects are Russian citizens, the three others are from Ukraine and Armenia. President Biden has said Saudi Arabia will face consequences for agreeing to a 2 million barrel a day OPEC production cut, Democrats on Capitol Hill are pushing one potential consequence senator Richard blumenthal of Connecticut is pitching a one year freeze on arms sales to the kingdom. The Saudis need to come to their senses. They have committed a humongous blunder. Very much against their own economic and security interests, as well as ours. Senator blumenthal introduced the bill alongside democratic congressman ro Khanna. Republicans running for Secretary of State across the country are facing a barrage of ads highlighting their support for conspiracy theories and doubts about the 2020 presidential election. Democratic groups are spending $46 million on the campaign with polls showing many Americans believe that the threat to democracy is up there with inflation and crime as a top issue this year. Global news on air and on Bloomberg quicktake powered by more than 2700 journalists
Bloomberg Radio New York
"richard blumenthal" Discussed on Bloomberg Radio New York
"Gonna die. And as people try to recover from the shock in Florida, governor Ron DeSantis touring the devastation. We absolutely expect to have mortality from this hurricane, but I'll just caution people. There's a process by where that is confirmed. Millions are still without power raw sewage swirling in the floodwaters, as this tragedy unfolds. At fema headquarters, President Biden says he's extending offers of help. I'm also spoke with mayors across the state, both Republican and Democrat. And I've told them the same thing. We are here. Whether you need and whatever you need, I indicated to call me directly at The White House. They know how to do that. And Biden to speak on this again tomorrow. Russia is in the headlights, as it moves to annex parts of Ukraine tomorrow. Senators Lindsey Graham and Richard blumenthal unveiling legislation to discourage this. Here's blumenthal. Essentially, what we're saying is any nation that aids and abets Vladimir Putin in this absolutely illegal action ought to be held responsible for its complicity. And blumenthal there as a spokesperson for Putin says the treaty will be signed tomorrow afternoon at the Kremlin and then celebrated in a red square concert tomorrow night, and some Republicans are suggesting China may have used those COVID lockdowns to pressure U.S. diplomats, Bloomberg's Daniel flatley says there may have been security breaches. What they're trying to find out is what may have happened and what sort of information may have changed hands as a result of that. And the U.S. embassy says China held 16 diplomats and family members involuntarily representatives James comer and Michael McCall, they're asking Secretary of State Antony Blinken to investigate also some concern about whether Chinese COVID testers use the opportunity to take DNA samples of the diplomats. Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than a 120 countries. In the news reminded these Pellegrini, this is Bloomberg, Brian. All right, thanks very much, Denise, 38 minutes past the hour. It's time for sports
Bloomberg Radio New York
"richard blumenthal" Discussed on Bloomberg Radio New York
"For global news. And senators pushed back as Russia gets ready to grab pots of Ukraine, meanwhile, hurricane Ian is getting ready to strike again with all the details is Bloomberg's Denise Pellegrini Denise. Thank you, Juliet, and hurricane Ian is on track to make a third land fall Juliet this time in South Carolina tomorrow. Governor Henry McMaster says be ready. Ian is going to arrive in strength about 8 o'clock tomorrow morning and it'll be here till about 8 o'clock tomorrow night. It top strength. Now Ian left massive damage in Florida behind it, governor rug descent is touring the devastation. To see a house just sitting in the middle of the sterile bay, literally was have gotten picked up, flown because of the massive wind speed and the storm surge and deposited in a body of water. And more than two and a half million people are without power in Florida this hour raw sewage, swirling in the floodwaters as this tragedy unfolds. At fema headquarters, President Biden says he's extending offers of help. I'm also spoke when mayors across the state, both Republican and Democrat. And I've told them the same thing. We are here. Whether you need and whatever you need, I indicated to call me directly at The White House. They know how to do that. And President Biden will speak again on this tomorrow. Russia in the headlights as it moves to annex parts of Ukraine tomorrow, senators Lindsey Graham and Richard blumenthal unveiling bipartisan legislation that would refuse to recognize any of this. Here's blumenthal. Essentially, what we're saying is any nation that aids and abets Vladimir Putin in this absolutely illegal action ought to be held responsible for its complicity. Blumenthal is speaking there as a spokesperson for Putin says the treaty will be signed tomorrow afternoon at the Kremlin and then it'll be all celebrated in a red square concert tomorrow night. Some Republicans meantime suggesting China may have used COVID lockdowns to pressure U.S. diplomats, Bloomberg's Daniel flatley says there may have been security breaches. Whether the conditions were such that they may have been in coerced into divulging some sensitive information, potentially intelligence And that's what they're worried about. The U.S. embassy says China held 16 diplomats and family members involuntarily representatives James comer and Michael McAuliffe are asking Secretary of State Antony Blinken to investigate and there's also some concern about whether Chinese COVID testers use the opportunity to take DNA samples from the U.S. diplomats. Global news 24 hours a day on Erin um Bloomberg quick tech powered by more than 2700 journalists and analysts in more than a 120 countries. In the newsroom I'm to these Pellegrini. This is Bloomberg, Juliet. 38 minutes past the time for global sports
Bloomberg Radio New York
"richard blumenthal" Discussed on Bloomberg Radio New York
"Just naked as the day I was born. Other sounding far less happy about this, of course, more than two and a half million without power this hour in Florida AccuWeather forecasting a $100 billion in damage at fema headquarters President Biden says he's offering everyone help. I'm also spoke when mayors across the state, both Republican and Democrat. And I've told them the same thing. We are here. Whether you need and whatever you need, I indicated to call me directly at The White House. They know how to do that. And Biden will speak on a rescue efforts again tomorrow. Russia and the headlights as it moves to annex parts of Ukraine's senators Lindsey Graham of South Carolina and Richard blumenthal of Connecticut unveiling legislation that would refuse to recognize any of this, here's blumenthal. Putin has zero respect for it, norms or international law, and he will continue his illegal action until he stopped and we should spare no effort to stop him. Blumenthal speaking there is a spokesperson for Putin says the treaty will be signed tomorrow afternoon at the Kremlin, then celebrated in a red square concert tomorrow night. Meantime, some Republicans are suggesting China may have used COVID lockdowns to pressure U.S. diplomats. Here's one thing they're worried about, according to Bloomberg Daniel flatley. Whether the conditions or such that they may have been in coerced into divulging some sensitive information potentially intelligence. And the U.S. embassy says China held 16 diplomats and family members involuntarily representatives, James comer, and Michael McCall. Well, they're asking Secretary of State Antony Blinken to investigate. And Brian, you've been talking about this a little bit of top exec at Apple is out leaving after appearing in a viral video on TikTok where Anthony blevins remarked more crudely than I'm about to put it that he fondles women for a living. I should mention it was all part of his commons in response to TikTok creator Daniel Mack. Now Mack was doing a series where he goes around asking drivers of expensive cars what their occupations are, tapes their answers, and then post them on social media. Global news 24 hours a day on air and on Bloomberg quicktake, powered by more than 2700 journalists and analysts in more than a 120 countries. In the newsroom, I'm Denise Pellegrini. This is Bloomberg, Brian. All right, Denise, thank you very much. 38 minutes past the hour now. It's time for global sports
Bloomberg Radio New York
"richard blumenthal" Discussed on Bloomberg Radio New York
"Limbs in east Pellegrini with Russia, Denise, preparing to annex parts of Ukraine and hurricane Ian is a hurricane again. Yeah, rich, we're really watching that because Ian is heading toward Georgia and the Carolinas. It is a category one hurricane now as it picks up speed, it left massive damage in Florida behind it. This man made the mistake of thinking this storm would strike further north but. Climbed out of the house and climbed upon the roof, I was there for 5 and a half hours. I mean, time more than two and a half million people without power at fema headquarters, President Biden says he's offering everyone help. I'm also spoke with mayors across the state, both Republican and Democrat. And I told them the same thing. We are here. Whether you need and whatever you need, I indicated to call me directly at The White House. They know how to do that. Meantime, AccuWeather is forecasting a $100 billion in damage already from hurricane inn. Senator Lindsey Graham of South Carolina and Richard blumenthal of Connecticut are unveiling legislation that would refuse to recognize any Russian annexation of Ukraine. Here's blumenthal. Putin has zero respect for it, norms, or international law, and he will continue his illegal action until he stopped, and we should spare no effort. Flip and tell speaking there as Vladimir Putin vows to annex parts of Ukraine that Russia controls tomorrow. Now a spokesperson for Russia's leader says this treaty will be signed tomorrow afternoon at the Kremlin and then marked by a concert in red square tomorrow night. Meantime, some Republicans suggesting China may have used COVID lockdowns to pressure U.S. diplomats. Here's one thing they are worried about according to Bloomberg Daniel flatley. Whether the conditions or such that that they may have been in coerced into divulging some sensitive information, potentially intelligence. And the U.S. embassy says China held 16 diplomats and family members involuntarily representatives James comer and Michael McAuliffe asking Secretary of State Antony Blinken to investigate. And North Korea has fired two short-range ballistic missiles that was shortly after vice president Kamala Harris finished her stop at the demilitarized zone. Global news 24 hours a day on their end on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than a 120 countries. In the newsroom I'm Denise Pellegrini. This is Bloomberg, Brian. Denise, thanks very much. We are seeing equity futures in the Asia Pacific trade a little bit lower this morning. Not so dramatic as what we saw on Wall Street with the S&P 500 was down 2.1%, and the NASDAQ was down 2.8% at the moment for futures in Asia hanging index futures just down to tenth to 1%. Nikkei futures at 26,180 and that's only a couple of hundred points. Briefly, dollar yen is one 44 37 and the yield on the ten year treasury wrapped up at 3.78%. Now it's time for sports. Dan Schwartzman is looking at U.S. men's national team suffering a loss, and yeah, you know, they just can't seem to stay healthy if it's either Christian Pulisic, well not him this time, it is of course Gio Rena, they're forward. He's expected to be out ten days or so after suffering a muscle stream while playing for the U.S. in that friendly against Saudi Arabia on Tuesday. Raina's club team brush a Dortmund says that the 19 year
Bloomberg Radio New York
"richard blumenthal" Discussed on Bloomberg Radio New York
"Nathan Hager as your latest world national news, Nathan. Thank you, Matt, another member of the U.S. Senate has tested positive for COVID-19, Connecticut Democrat Richard blumenthal says he is fully vaccinated and boosted and not experiencing symptoms, but after his positive test, he's going to work from home this week. The announcement comes a day after Senate majority leader Chuck Schumer's office announced he too has tested positive for COVID and his experiencing mild symptoms. Senate Democrats hope to pass a slimmed down build back better plan before the next recess starts August 8th, leader Schumer has been working closely on it with Joe Manchin after the West Virginia Democrat, walked away from a larger package last year. Those talks have led to deals on prescription drugs and Medicare solvency, details on tougher issues like energy and taxes could come later this week. More political pressure is building on President Biden from within his own party, more on that from Bloomberg's Amy Morris in Washington. The new poll from The New York Times and Siena college finds nearly two in three Democrats, 64%. Thanks someone else besides the president should run for the nomination in 2024. The poll puts the president's overall approval rating at 33%, and while his approval rating among Democrats is at 70%, that's still relatively low in an election year. Just 13% of respondents think the country's on the right track, that's the lowest since the time started tracking after the 2008 financial crisis. In Washington, I made me Morris Bloomberg radio. This morning, President Biden's hosting a White House celebration of a new bipartisan law aimed at reducing gun violence, this event comes a week after another mass shooting in this country with the highland park Illinois 4th of July parade. Global news, 24 hours a day on air and on Bloomberg quicktake powered by more
Bloomberg Radio New York
"richard blumenthal" Discussed on Bloomberg Radio New York
"Lisa Tom Kayleigh there's another televised hearing today The list is out of the names of those who will testify during this morning's second public hearing of the January 6th committee They include former Trump campaign manager Bill stepien Committee members are looking to amplify their main premise that the former president incited the riot committee member Adam Schiff was asked if he wants to see criminal charges filed against the former president I would like to see the Justice Department investigate an incredible allegation of criminal activity on the part of Donald Trump or anyone else The rule of law needs to apply equally to everyone Congressman Schiff spoke on ABC's this week which can be heard Sundays on Bloomberg The bipartisan group of U.S. senators has reached a tentative deal on gun safety Bloomberg's at Baxter as the story A compromise that at least can pass the Senate Well democratic senator Richard blumenthal says it can also save some lives We can build on it We can move forward with other common sense Hopefully bipartisan proposals after this one is passed our focus right now is making sure we have the legislative language and the 60 votes we need to pass it The bill includes giving grants to states to implement red flag laws that would provide for more schools safety as well as a provision to improve background checks for younger gun buyers In San Francisco I met Baxter Bloomberg radio The concerned citizen phoned in a tip to the police in cor delaying Idaho which police say prevented a hate group from disrupting a pride event More than 30 people were arrested and charged with conspiracy to riot Police say the men are from all over the country at least two are from Idaho and Washington The pride event took place with no incidents but there were several protesters on hand many with guns Authorities say firefighters are responding to a wildfire about 6 miles north of Flagstaff Arizona that has forced evacuations The coconino national forest officials say the pipeline fire is burned approximately 5000 acres Live from the Bloomberg interactive broker studios This is global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts to more than a 120 countries I'm Michael Barr and this is Bloomberg There's never been a better time to find out why bet MGM is the king.
Mark Levin
Five of the Dumbest Women in the Country Are on 'The View'
"And in Navarro at the view the first person speaking of sunny Houston who clearly is an idiot Cut 9 go What's interesting to me is that we know that the court is conservative It's conservative 6 to three Yeah Judge Jackson soon to be the level of discussion on the view Truthfully this is the crap our network's feed us 5 of the dumbest women in the country It's like these politicians and why do they find these people 330 million people And look at this Maisie hirono Richard blumenthal you look at the view There are really smart women out there And they have 5 dancers on the view
Mark Levin
Richard Blumenthal Downplays Details of KBJ Convicted Child Rapist
"Richard blumenthal of Connecticut He sees all this And he says this today at the committee confirmation vote cut four go The American people really are having nothing Of these attacks She has wowed America Any of us going home Over these past weekends have seen a standing ovation for a judge Jackson I don't know It's just the judge you would want If you had a granddaughter or a niece and I don't know whether you do or not who've been molested by a family member senator is this who you'd want I'm just curious Is this a you'd want this judge here Go ahead I can people And the reason is that her nomination will be historic We are in fact The parties that are in front of a judge Do they care if the judges nomination is historic or not
Bloomberg Radio New York
"richard blumenthal" Discussed on Bloomberg Radio New York
"Is Bloomberg radio A bipartisan group of U.S. senators is now in Poland the group is set to meet with the U.S. ambassador to Poland as well as U.S. troops from the 82nd airborne division The senators on the trip include rob Portman of Ohio Mississippi's roger wicker Minnesota's Amy Klobuchar and Richard blumenthal of Connecticut Wicker's office says the delegation is planning to affirm the United States commitment to Poland and Ukraine amid Russia's invasion CNN reports the group will also visit the Ukraine border on Sunday 6 West Point cadets are recovering after overdosing on cocaine laced with fentanyl while on spring break in Wilton manors Florida all 6 were hospitalized on Thursday following the incident One cadet has been released while two are in critical condition and on ventilators police have arrested 21 year old axel Giovanni cassius for cocaine trafficking in connection to the incident Pfizer says it will submit data on a fourth COVID vaccine shot soon CEO Albert bourla told CNBC It's also working on a vaccine that targets all variants including omicron Said they will submit the data on the need for a fourth shot to the FDA and they will have to make their own conclusions The parents of Gabby petito were seeking justice for their late daughter by suing the parents of her fiance and killer Brian laundrie reports say that potato family claims Chris and Roberta laundrie knew their son murdered Gabby and were trying to help him leave the country The suit filed by petito's parents says Brian used Gabby's phone to send her family text messages to make it seem like she was still alive three days after she was murdered Petito's family says they suffered emotional distress and are asking for an unknown amount in damages Uber customers are going to be paying extra to cover costs at the pump beginning Wednesday riders will be charged an extra 45 to 55 cents per trip and an additional 35 to 45 cents for Uber eats the ride share service says the surcharges will be here to stay for at least the next couple of months All surcharges will go to drivers in Uber's attempt to soften the burden for.
Bloomberg Radio New York
"richard blumenthal" Discussed on Bloomberg Radio New York
"Visit Pershing dot com Member finra NYSE sippy Three hoes who know the markets and the economy Lisa you're not embarrassed I mean Abraham Lincoln is not embarrassed right Like I carried away Almost as well as they know each other Tom's a little tired He slept on my couch last night Thanks Joe but a few athletes appreciate it Bloomberg surveillance with Tom Keene Jonathan farrow and Lisa Ramos You think the bankers want high race Lisa Do you think this guy occasionally is blue He's at 7 eastern on Bloomberg radio and Bloomberg television This is a special report the Russian invasion of Ukraine Bipartisan group of U.S. senators is now in Poland the group is set to meet with the U.S. ambassador to Poland as well as U.S. troops from the 82nd airborne division The senators on the trip include rob Portman of Ohio Mississippi's roger wicker Minnesota's Amy Klobuchar and Richard blumenthal of Connecticut Workers office says they delegation is planning to affirm the United States commitment to Poland and Ukraine amid Russia's invasion of Ukraine CNN reports the group will also visit the Ukraine border on Sunday Russia's Central Bank is reporting the Moscow stock exchange will not resume trading in the equity market during the week of March 14th However foreign currency and commodity trading will resume as scheduled on Monday at 10 a.m. local time The Central Bank indicated that operations for the week of March 21st would be announced at a later date The exchange has been closed since Russia's invasion of Ukraine began and sanctions plunged the value of the Russian ruble to record lows This has been a special report the Russian invasion of Ukraine I'm Chris coraggio And I'm Susanna Palmer in the Bloomberg newsroom The bank of Russia extended a halt to stalk trading on the Moscow exchange through at least march 18th The exchange has been closed since February 25th in one of the longest ever shutdowns for a market of Russia's size trading was stopped after the benchmark mo X index crashed 33% The day Russia invaded Ukraine the 5th biggest decline for any stock market Instagram's chief Adam massary said that the photo sharing site will be blocked in Russia as of Monday More about that from Bloomberg's Denise Pellegrini Missouri tweeting last night this decision will cut 80 million in Russia off from one another and from the rest of the world And he says this is wrong Earlier yesterday Russia's media regulators said it would restrict access to Instagram which is owned by meta platforms and the government had already blocked the use of meta's Facebook social network and has also limited access to Twitter in the country Denise Pellegrini Bloomberg radio Uber technologies is tacking on a fuel surcharge to rides and food delivery orders This in a bid to ease driver's gas bill amid record high prices The story from Bloomberg's Shirley pellet Uber says it will apply a fee of 45 cents or 55 cents per trip for rides and 35 cents or 45 cents for Uber eats delivery orders for the.
Bloomberg Radio New York
"richard blumenthal" Discussed on Bloomberg Radio New York
"Industry receives some $54 billion in federal assistance because the pandemic And today the CEOs of JetBlue Alaska air Delta Southwest and United are all appearing before the Senate commerce committee to address what they did with all that money And why they're canceling all those flights To set the stage we turn now to our Washington correspondent Joe Matthew He's of course the host of sound on weekdays on Bloomberg radius of Joe Thanks so much for being with us as always So set the scene here for these airline executives hot tough time you think they're going to have Well it's a good question here There are some tough questions about where that money went David to your point And why specifically we saw so many widespread flight cancellations and schedule changes at the height of COVID The head of airlines for America which is the industry trade group says COVID was the most devastating challenge his words that this industry has ever faced even worse than 9 11 which is saying something and he believes this money helped to save the industry from complete disaster but there are lawmakers on the panel Ed Markey from Massachusetts Richard blumenthal from Connecticut both Democrats who want to know more about exactly how the money was spent That trade group by the way says this funding helped to save more than 735,000 jobs in the middle of a pandemic which is pretty amazing to consider but these lawmakers want to know more about the money trail and they're also now in light of Omar crime the new variant going to ask these airlines to continue or go back to waiving fees for consumers who need to cancel or change their reservations for the balance of this public health emergency David it's not often when you look at the big picture here in history that we've seen in industry essentially lose all of its customers at once But that was the reality of COVID and it remains a question as this hearing begins this afternoon in Washington exactly how long it will take for them all to come back Well that's the interesting question for me Perhaps this money did in fact save some or all of these companies but save them for what given where we are right now with the delta variant in this country On its way all Macron now setting new records in the UK I mean how do we know where the oil industry is headed Are they going to need more money for that matter Well that's another great question Well will there be another dip here another request for funding as we head into the new year with a new variant We're already seeing travel restrictions go into place in some countries overseas It remains to be seen of course what will happen here in the U.S. but blumenthal and Markey who I mentioned are referring now to the new travel restrictions put in place by the U.S. and asking the very same questions you are David what's this going to mean for the new year and how much will it cost Okay thank you so much to sound on host Joe Matthew and you can hear him every day at 5 p.m. Eastern Time on Bloomberg radio For a broader perspective on the airline industry where it is and where it's headed we welcome now Helane Becker She's managing director and senior research analyst at Collins So welcome home Great to have you with us First of all go back to the hearings we're here today How hard do you think it will be for the airline executives Well I know that it'll be that difficult because obviously they know the reasons why there have been all these delays and cancellations Number one and number two they also know how important this money was to the industry to keep the industry afloat To Joe's point you don't often see 95% of your revenue disappear overnight We've never had a situation like this even 9 11 and the aftermath thereof wasn't as bad as what we saw in April of 2020 I mean we went from roughly two and a half million people a day to 85,000 and now we're back to about 2 million people a day So we're we've been slowly climbing back out of it but it was harsh and obviously there were at some .2 180 million people under a stay at home order just in the United States I personally think that the government did a disservice to the population and to the industry and this worldwide But remember Charles and tourism is 13% of GDP So it's not insignificant and the collapse of the industry was huge And the shutdown was harsh They're bringing back on was not altogether smooth because we had a lot of flight cancellations We had a lot of ugliness there And it didn't seem to be across all airlines It seemed to be some airlines more than others Is that related to COVID Or is there something else going on there Yeah I think there's two things that happened The first thing is airlines that did well Didn't grow as aggressively This past summer as airlines that had issues So whether it's a waste of summer issue right It's always one of those things where you never know when you're going to have pop up thunderstorms that are going to derail everything So that's one thing to think about when you're faced with weather cancellations or delays The other thing to think about is how much capacity was being brought on stream immediately after things started to improve And if you look at united for an example united brought back west capacity than the peer group southwest American Or initially a little more aggressive than united and delta were so they had fewer problems Spirit wasn't grew right through the pandemic And there are issues with one of weather in Florida I think JetBlue had some issues with weather The Southwest had the biggest issues And that was a combination of whether a combination of not having enough people there are point to point networks So it's not as though they have a lot of people stationed in one hub as the hub and spoke airlines do So that was another issue I think there was some point there were vaccine mandates in place and there weren't enough people stuffing our traffic control centers And it's like a cascading effect that the generally hurt things this summer But.
The Dan Bongino Show
Dan and Sean Davis of the Federalist Discuss the 'Narrative Game' of the Liberal Media
"When you and I want to make an argument about taxes for example like the whole tax the rich thing At least we know the data And we can articulate a strong economic case why you know we like or don't like a policy The left can ever do that You see these new tax the rich calls from AOC and the buffoons out there And they did you ask people how much do the rich pay the top 1% And they never know You see this with voter ID two Ted Cruz called out Richard blumenthal up on the hill yesterday in the Senate about voter ID being racist asking him why the minority turnout in his state that doesn't have voter ID Wasn't as good as it was in Georgia where there is voter ID They just never know anything It's all euphemisms word games lies and manipulation And we don't do that You're right yeah They're entire game is the narrative It's something that we should have been included on back during the Rolling Stone UVA rape hoax thing from Sabrina Ruben early who just kind of manufactured with the help of an activist there the story out of whole cloth that never actually happened in your recall she referred to herself the reporter Rolling Stone is a narrative journalist That her purpose was to further particular narratives And any more the narrative is the whole game and that's why CNN and MSNBC and Washington Post New York Times and big tech why they are all so focused on making sure that nothing that can crack the wall of their narrative that can crack the dam and have actually facts coming through Can ever see the light of day because they don't care about the fact they care about power and their ability to maintain power is based on their ability to force a narrative into our eyes and ears and prevent any other competing narratives from ever coming
NPR News Now
US Bound Flights Carrying Afghans Temporarily Halted Due to Measles Cases
"White house says flights carrying afghan refugees to the us have been halted after discovery of four cases of measles among people who recently arrived in the us. This as npr's michele keleman reports nineteen more us citizens from the airport in kabul in the state department says to others managed to get out overland national security council spokesperson. Emily horne says the. Us is doing intensive work to give americans clear and safe options to leave afghanistan. The state department says forty. Four americans were offered seats on the latest plane. But not all decided to go. The taliban are still not allowing charter. Flights from northern afghanistan and democratic senator richard blumenthal once the state department to do more about that time precious time. The situation of these individuals is desperate urgen. He's been working with veteran groups and activists to help several at risk afghans and some american citizens get
Tesla Daily: Tesla News & Analysis
Senators Want FTC Enforcement on Autopilot
"Aren't so pretty. Nice day for tesla stock today shaking off some of the red from earlier this week. Finishing up three and a half percent to six hundred eighty dollars ninety nine cents comparatively. The nasdaq was down nine. Tenths of a percent most of that drop happening in the last hour. Two hours of trading after the fed minutes came out so the minutes from the federal reserve's meeting today indicating that they are considering tapering off their monthly asset purchases sometime in the near term but obviously those things can and often do change so the market reacting to that towards the end of trading and tesla got pulled down a bit as well so pretty strong day for automakers just across the board today so we ejected on this yesterday but will check in again today probably for the last time this week but weekday performance so far tussles down about four percent a little bit less than four percent so far and actually now doing about a half a percent to full percentage point better than gm. Ford's atlanta's volkswagen and neo so despite all the coverage of the knits investigation. If you'd just slept through the first few days of the week which is actually not a bad strategy for an investor and you just looked at automaker performances we to date. You'd have no idea that there was investigation on tesla. And you'd probably say oh tesla's having a pretty good week relative to others so markets down today tesla up and that was despite reports that two. Us senators are currently urging the federal trade commission to open a probe into whether or not tesla used deceptive marketing practices involving drivers systems features which tesla of course calls autopilots and full. Self-driving that is per the wall street journal. They write quote in a letter to the head of the fdic. We con dated wednesday senators. Richard blumenthal of connecticut and ed markey of massachusetts said they have serious concerns about how tesla advertises. Its advanced driver assistance features. Which don't enable vehicles to operate autonomously. They took aim chief executive elon. Musk for some of his comments and quote.
Richard Eeds
Senators Urge Airlines to Make Flight Credits Valid Indefinitely
"Senators are pressuring airlines to make credits issued for flights canceled during the pandemic. Indefinite Democrats Ed Markey and Richard Blumenthal wrote to all major airlines today, saying it's unconscionable that they're refusing to return passengers money. You're asking to make the credits and definite if they declined to offer full refunds.
Geek News Central
Lawmakers Want Details on Facebook’s Instagram for Kids
"Democratic lawyers are asking facebook the detail. Its instagram for kids project. They have concerns about the proposal. You think following report last month. The facebook is working on a version. Instagram for children under the age of thirteen parents. Parents parents parents a group of four democrat. Lawmakers said they're concerned with the company's plan a letter signed by senator ed markey richard blumenthal represent. Kathy castor and laurie trahan. The group astra series appointed and technical questions related the project for instance several direct. The company detail. How the tubers instagram will be including whether facebook will those will allow those on the main line app to see the contents. Kids post other questions. Touched on practical subjects ike. How facebook plans to handle things when he used turns thirteen and so on and so forth please please please if they launch this. Do not allow your under thirteen year. Old kids to get a kids instagram. Please
WBZ Midday News
Senate Panel to Debate Gun Control After Two Mass Shootings
"Lawmakers are reacting to the shooting rampage. Some say it's time for greater gun control measures in the United States. Connecticut Democrat Richard Blumenthal says the inaction in Congress on gun violence makes this horror so tragically predictable. We also heard from Massachusetts Congresswoman Katherine Clark tweeting that gun control now no more excuses. And, of course, there's a Senate Judiciary Committee hearing underway looking at gun violence Right now in the nation's capital. We're monitoring that for you
Pat Walsh
Democratic Effort to Raise Minimum Wage Put on Hold
"Fbk the effort to raise the minimum wage to $15 an hour we'll have to wait. It will not be part of the nearly $2 Trillion pandemic relief plan now in the hands of the Senate since a Senate official rule that the House $15 minimum wage could not be in the Senate reconciliation COVERT bill. Senate Democrats polled it for now. I think we will do the minimum wage and there are fundamental decency and fairness. Democratic Senator Richard Blumenthal saying passing covert relief first is critical, but promises they will debate a national minimum wage hike soon. Andy Field,
KFI AM 640
"richard blumenthal" Discussed on KFI AM 640
"Com Back we go to rich tomorrow and Tech Tuesday rich the various platforms, particularly instagram. Facebook, made sure or what they did is stop. The craziness of the conspiracy theories, the election, all of it, and there were at least warned us that there is an issue now it's moved over to the vaccine misinformation. Let's talk about that. How aggressive are they? And can you just go on and say it's a hoax? It's a myth. If you get the vaccine, you're the government is going on plant some device and then follow you for the rest of your life. Yeah, I can get into some specifics as to what Facebook is blocking, because they say that this is kind of the next frontier. You know, we got through the election like you said, And these social media platforms are on such an uphill battle with with information because people can post whatever they want, And then it's up to these platforms to try to figure out well, how do you know what's the tone of how they're saying? Like, What if you joke right about the vaccine is that needs? Does that need to be taken down? We don't know. But Facebook is making some pretty strict rules of Now, um, vaccines, and they're basically now deleting anything that is against the vaccine. Specifically that the vaccine is man made or manufactured are sorry. Covert. 19 is man made or manufactured there, saying claims that vaccines are not as effective at preventing the disease they're meant to protect against. Will remove that It's safer to get the disease than to get the vaccine. They'll remove any posts about that. Vaccines are toxic, dangerous or cause autism. They will take down that and there's even more so they'll even take down if you try to do an event. Have you ever heard the term like a chicken Pox party back in the day? Yeah, actually, I have where he had said, Yeah. Where people got they got together to get chicken pox. I mean, crazy people, but for immunity sake Right, well, so they're all dead. By the way. I just want to let you know all those people probably. But apparently they're trying to do the same thing with covert 19 so people are actually using Facebook to coordinate events. Where the gatherings involved and encourage people who have covert 19 to join other people. And so they're also restricting any events that interfere with the administration of the vaccine. We saw that locally here it at the stadium, so that was something that happened and you know Facebook was involved in that. Let me throw something at you. You got that We talked about this. Where is the line? And so let's say I'm the director Seo one of these social platforms if a group of people want to get together and do a coat Good party. Uh, I It's not misinformation. They're not telling people that it's a conspiracy that the government caused this. Why can't they do that? Why would the platform say no to that? Well, this is a platform choice. And so Facebook wants to be a place that is, you know, known to be a good place versus a bad place. They have to make some rules. Facebook is not, you know, they're not under any sort of free speech. You know, edict from America. They are their own private platform. And so yes, if they wanted to, they could say anything goes on here. You can do anything you want. You can put up videos of people. You know, whatever you know, they take down videos of all kinds of stuff on a daily basis. The Amount of things they have to take down on Facebook. It would blow your mind and you know they have to make rules that they feel are in the best interest of their platform, and it's really tough by the way for them to do this stuff. I mean, it's it takes a team of tens of thousands of people that go through these posts, and by the way those people don't last very long. These air paid individuals. Oh, yeah, They're like third party, You know, they contract with these companies that will go through post. You know, when someone flags a post on Facebook, you know, artificial intelligence takes down some of this stuff. But then some things are just flagged by humans. And then another human has to go through and look at it. And so if it's a post of someone you know, with self harm, or you know anything that's that's happening that people are sharing pictures off. These people have to look at them and again. They don't last very long in these jobs because they can't take it and they Psychological counseling after a couple months. Wow. Yeah. All right, Rich. You're on your way to doing well, I'm not throwing you off. Well, actually, I am because coming up his handle on the news late edition, Rich on Tech got TV. We'll catch the next Tuesday. Thank you. You have a good one. Coming up. Handle on the news Late edition will do that right here. Okay, if I am 6 40 Let's check in with Jennifer Former President Trump's second impeachment trial is just about to begin. The Senate will start today with a debate on whether to proceed with the unprecedented move to try a former president. Then both sides can start making their case is Connecticut Democratic Senator Richard Blumenthal says the evidence of Trump inciting violence against the U. S. Goes back more than two months before the Capitol was attacked, Armed attack And act of domestic terrorism was the last gas of a violent effort to overthrow an election and potentially Overthrow our democracy. Trump's legal team is expected to argue his comments to supporters before.
WBZ NewsRadio 1030
"richard blumenthal" Discussed on WBZ NewsRadio 1030
"Ter says they have a very comprehensive plan that includes land, air and sea. Our aviation units are up. Our dive team is doing random checks in the water or marine units out. There are tactical assets are out there. Along with our bicycle team That's out there. 70 federal, state and local agencies will be working together to keep things safe. They're going to LA allowing about 22,000 people, and that's about them about a quarter of what normally could get into Raymond James Stadium. Let's take a trip around New England, Rhode Island Governor Genera Mondo with a message for Super Bowl fans in her state enjoy the game. But when it comes to parties wait till next year, the governor says the end of the pandemic is with inside and He's urging residents to limit any gatherings tonight to members of their immediate household, the University of New Hampshire, canceling overseas programs for the summer and fall. Due to the continuing uncertainty caused by covert 19 and in Connecticut Senator Richard Blumenthal says federal funding and President Joe Biden's coronavirus relief proposal could greatly accelerate Vaccination efforts a New Hampshire man who admitted to being part of a group that swarm the capital last month now facing federal charges, Jason Riddle charged with knowingly entering a restricted building violent entry. And distort early conduct on Capitol grounds and also theft of government property while he was inside the building. Jason Riddle came across Ah liquor cabinet inside a lawmaker's office and helped himself to some wine. Little told the Keene Sentinel newspaper that he was unaware of the charges but knew he might face prosecution. And plans to turn himself in. When contacted by law enforcement. In his first public appearance is transportation secretary people to judge visiting frontline workers at Union Station in Washington. Go to judge pledging to begin promoting safety and restoring consumer trust in the country's transportation networks during this Corona virus pandemic as we start to see news stories about variants One of the best ways to defeat that is to give the virus fewer places to mutate, which is all the more urgency around stopping and slowing. This fresh booty judge discussed the new federal public transit mask mandate during his meeting. It is a 21. Where at 30 degrees with clouds here in Boston. The snow will be coming from our south. Keep an eye to the sky. It should start to fall mid to late morning. We'll check that forecast coming up in just a couple of minutes..
AP News
"richard blumenthal" Discussed on AP News
"Kratz are asking the ethics committee to investigate Republican senators Ted Cruz and Josh Holly in order to quote Fully understand their role in the January 6th insurrection. Seven Senate Democrats, including Rhode Island, Sheldon White House, Tina Smith of Minnesota, and Connecticut's Richard Blumenthal have asked the chair of the Senate Ethics Committee to investigate Texas Senator Ted Cruz and Missouri's Josh Holly to see if they failed to put loyalty to the highest moral principles and to country above loyalty to persons Party or government department. Democrats say a cloud of uncertainty will hang over them and over this body until the complaint is resolved. Holly and Cruz led objections in the Senate to President Joe Biden's victory, even though such claims had led to threats of violence, how they calls the effort a flagrant attempt to exact partisan revenge. A cruise spokesperson calls the actions frivolous ethics complaints. Tim McGuire Washington Seven Senate Democrats, including Rhode Island, Sheldon White House, Tina Smith of Minnesota and Connecticut's Richard Blumenthal have asked the chair of the Senate Ethics Committee to investigate Texas Senator Ted Cruz and Missouri's Josh Holly to see if they failed to put loyalty to the highest moral principles and to country above loyalty to persons Party or government department. Democrats say a cloud of uncertainty will hang over them and over this body until the complaint is resolved. Holly and Cruz led objections in the Senate to President Joe Biden's victory, even though such claims had led to threats of violence. All they calls the effort a flagrant attempt to exact partisan revenge. A cruise spokesperson calls the actions frivolous ethics complaints. Tim McGuire Washington who watched the presidential inauguration and where Think of it as a litmus test administered on a flat screen. The numbers for Wednesday's inauguration are in and it's clear people literally voted with their eyes. Nielsen reports 6.53 Million people watched MSNBC to see Joe Biden sworn in. That's a 338% increase over the audience and drew four years ago when Donald Trump took the oath of office. On the flip side, the same formula applied to Fox News in reverse its audience for the Biden inauguration was 2.74 million. That's a 77% drop from the ratings for Trump. Four years ago, a Moscow Wells Gabriel Thank you for listening.
WGN Programming
Romney: Plan to challenge election 'egregious ploy' that 'dangerously threatens' country
"A growing number of Republican lawmakers back in President Trump's repeated efforts to overturn the 2020 election results today, Senator Ted Cruz announced the coalition of 11 senators and Senators elect who will vote against Democratic electors from states where the president has alleged widespread voter fraud. Those lawmakers joined Missouri Senator Josh Holly, who was the first to announce his intentions to object to the state tallies during the upcoming joint session of Congress. In their statement announcing their intentions today, those 11 lawmakers said in part quote Congress should immediately appoint an electoral commission to conduct an emergency 10 Day audit of the election results in the disputed states. Senators went on to say they quote intend to vote to reject the electors from disputed states. Until that emergency 10 Day audit is completed. The announcement being met with strong pushback from Democrats, including Connecticut Senator Richard Blumenthal, who tweeted quote this pathetic on the pathetic, opportunistic stunt is an attack on our democracy. It is un American and unconscionable. Votes have been counted, recounted, Certified and all challenges, totally discredited time to govern and get things done. Even some Republicans expressing their disapproval with those 11 senators. Utah Senator Mitt Romney, releasing a statement that read, in part, quote the egregious ploy to reject electors, man hands the political ambitions of some but dangerously threatens our Democratic Republic. The congressional power to reject electors is reserved for the most extreme and unusual circumstances. These are far from it. President Trump's lawyers made their case before scores of courts and every instance they failed.
WTOP 24 Hour News
Biden introduces his choice for defense secretary, Lloyd Austin
"President elect Joe Biden once retired general Lloyd Austin to be his defense secretary, not A post he sought. I sought him. Austin would be the first African American to serve in the position. But could his nomination face some trouble in the Senate and joining us live from Capitol Hill? Double d. T. O p. S Mitchell Miller. Mitch General Austin is very well respected. So why are there questions about whether the Senate would confirm it? Well, Shawn and Hillary. It goes back to the history of the defense secretary being in a civilian position, and the so called seven year rule that if a military officer is tapped for that position, they need to have been retired from the military for at least that long. Austin retired four years ago after a distinguished military career of more than 40 years and included a major command in Iraq. Tenure is the head of the U. S. Central Command. But several lawmakers say it's important to maintain a civilian in that position. The ranking Democrat on the Senate Armed Services Committee, Rhode Island Jack Reed had given in on a waiver for General James Mattis under President. Trump said he wouldn't support one in the future. He is now wrestling with this. Others have said they'll oppose the waiver, including senators Elizabeth Warren Richard Blumenthal, who's on the Armed Services Committee and Jon Tester of Montana. But if the House and the Senate grant a waiver, which they both have to do, he'll likely still have plenty of votes to be confirmed. Hey, Mitch, who are the other potential candidates? Lawmakers might have preferred to Austin. Well, one of them would have been the first woman to serve as defense secretary Michelle Florida who's held various positions at the Pentagon and is very well respected. The House Armed Services Committee chair Adam Smith made it clear she was his first choice. Another candidate who had been talked about a lot was former Homeland Security Secretary Jay Johnson. But Biden is said to be very comfortable with Austin as his
Tony Katz Today
Jack Dorsey, Mark Zuckerberg face Senate hearing over censorship concerns
"Some thing has to give Republican Senator Lindsey Graham was the start of the hearing featuring Twitter CEO Jack Dorsey and Facebook CEO Mark Zucker. Burg. Conservatives complain they have been censored and silenced. In his opening of the hearing, Democratic Senator Richard Blumenthal applauded Twitter for flagging Trump Tweets. President has used this microphone just spread vicious falsehoods. In an apparent attempt to overturn the will of voters every day. He post new threats and conspiracy theory. But the
Fresh Air Weekend
Both of Connecticut's senators self-isolating
"Connecticut's two U. S senators or self isolating after member of Governor Ned Lamont Self A staff tested positive for covert 19 Democrats Richard Blumenthal and Chris Murphy Bull tweeted today that they hadn't had close contact with the staffer, but they were self isolating as a precaution. Murphy tweeted He had attended event with Lamont On Friday, Lamont's chief spokesperson, Max Reiss, identified himself as the senior staff member who had tested positive in a release posted to Twitter on Friday. Rice Road He wasn't sure how or where he had contract ID the virus.