35 Burst results for "Wilbur Ross"

China Sanctions Wilbur Ross and Others, Responding to Hong Kong Warnings

All Things Considered

01:49 min | 2 months ago

China Sanctions Wilbur Ross and Others, Responding to Hong Kong Warnings

"Fresh sanctions on a handful of US individuals. It's retaliation for sanctions the bite and administration imposed on Chinese officials last week. Over Beijing's crackdown on democracy in Hong Kong. Its latest attack comes just days before a visit to China by Deputy Secretary of State Wendy Sherman and US China ties are already tense, though, as NPR's John Ruit reports there is no sign China's sanctions will derail the visit. Sanctions are the first imposed by China under a new law passed in June, which facilitates retaliation for foreign sanctions. Among those it hits a former Commerce secretary Wilbur Ross, and the China director at Human Rights Watch Sophie Richardson. For years, Beijing's responded to US sanctions and tariffs with tit for tat measures in Beijing's calculation, it had to respond to the US Bonnie Lynn, a senior fellow at the Center for Strategic and International Studies, says doing so before Deputy Secretary of State Wendy Sherman's trip makes sense would disappear better if it happened a couple days after Deputy Secretary Sherman's trip that she says might risk being interpreted as a signal that the meeting didn't go well. And Sherman will be the most senior U. S official to travel to China since President Biden took office. Relations are at their worst in decades. But there's speculation that the trip could start to lay the groundwork for a meeting sometime this year between Biden and Chinese leader Xi Jinping. There is a desire to be able to showcase that the two world leaders can work together and part of that is being able to meet and discuss issues they agree on as well as those where they have differences, and I really hope As we see more of these incidents is on either side that they won't derail progress towards the usual meeting because both sides, she says, have significant incentives for Biden and she to meet sooner rather than later. John Ruijin

Deputy Secretary Of State Wend China Beijing John Ruit Wilbur Ross Sophie Richardson Bonnie Lynn United States Deputy Secretary Sherman NPR President Biden Hong Kong Center For Strategic And Inter Human Rights Watch Sherman Xi Jinping Biden John Ruijin
Trump Ally Tom Barrack Charged With Acting as UAE Agent

All In with Chris Hayes

01:33 min | 2 months ago

Trump Ally Tom Barrack Charged With Acting as UAE Agent

"Another. Close trump associate arrested and charged with crimes of corruption. And his name is tom. Barrack is a billionaire businessman. He is accused of illegally lobbying. Donald trump on behalf of the united arab emirates prosecutors in the eastern district york today. Unsealing a huge seven count. Forty six page. Indictment go through it. We've got a reporter. Who's reporting on this. But this is a very important development a bunch of reasons not the least of which because when we last met here at this desk last night we were talking about the fate of the rule of law in the air of donald trump and particularly in the period where the justice department changed hands from attorney general in bar and then the final days of the trump administration. The lackey jeff rosen to joe. Biden's new attorney. General merrick garland last night. Here on this program. We were critical of the fact that justice department had according to reporting declined to prosecute trump's secretary of commerce wilbur. Ross that was according to reporting from both the associated press and government executive. Now that decision not to prosecute a came after the commerce department's own inspector general found at loss had lied to congress about a citizenship question that he wanted to add to the twenty twenty cents. We have an important update to that story. The government executive have both issued corrections. Clarifying that in fact it was the trump justice department that made the decision not to prosecute. Ross not the biden administration which is of course a very very big difference

Eastern District York Donald Trump Justice Department Jeff Rosen Barrack Merrick Garland United Arab Emirates TOM Biden Wilbur JOE Ross The Associated Press Commerce Department Congress Biden Administration
Explosions Hit Military Base in Equatorial Guinea, Many Feared Dead

NPR News Now

00:49 sec | 7 months ago

Explosions Hit Military Base in Equatorial Guinea, Many Feared Dead

"Equatorial guinea has appealed for international help following a series of explosions at a military camp. Which killed fifteen people and injured. Hundreds the bbc's wilbur ross. Has more videos from. The scene showed injured people staggering through clouds of smoke to reach safety in a statement. Read out on national television. The president of equatorial guinea teodoro. Obiang gema said the explosion had been caused by the negligence of the team in charge of storing dynamite inside the military base that put an end to hours of speculation over what exactly had happened. It's not surprising that the health services were quickly overwhelmed. These were extremely powerful explosions. That flattened homes and tore the roofs off buildings. That abc's wilbur. Ross

Wilbur Ross Obiang Gema Guinea Equatorial Guinea BBC ABC Wilbur Ross
US blacklists top Chinese chipmaker, alleging military ties

Movie Talk

00:38 sec | 10 months ago

US blacklists top Chinese chipmaker, alleging military ties

"Top chipmaker. More on that story from John Scott move will limit the semiconductor manufacturing international corporations access to advanced US technology because of its alleged ties to the Chinese military. Commerce Secretary Wilbur Ross says his agency won't allow such technology, too. Helped build the military of an increasingly belligerent adversary as him, I see has previously said it has no ties to the Chinese government. Commerce is putting more than 60 other firms on the so called entity list or allegedly being involved with the Chinese military and other issues. John Scott reporting on Wall Street this week

Commerce Secretary Wilbur Ross Chipmaker John Scott Chinese Government United States
Trump official subpoenaed by House panel for Census documents

The World

00:51 sec | 10 months ago

Trump official subpoenaed by House panel for Census documents

"Has issued a subpoena to Commerce Secretary Wilbur Ross. That's after Ross failed to turn over all internal documents about 2020. Cents a schedule changes NPR's Hansi Lo Wang reports. Democratic lawmakers are investigating how changes by the Trump Administration could hurt the accuracy of the national head count. The House Oversight Committee has been trying to track a recent push the scale back quality checks on the 2020 sentence results. Numbers shape representation in Congress and the Electoral College for the next 10 years. The Commerce Department, which oversees the senses, has turned over some documents. But Democrats on the committee say many are heavily redacted and the files do not include two documents that were already leaked to the committee. Secretary Ross refused to release census documents last year and was held in contempt by the House and still faces a federal lawsuit for not complying with an earlier subpoena. Hanzee Lo Wang

Commerce Secretary Wilbur Ross Hansi Lo Wang Trump Administration House Oversight Committee NPR Ross Electoral College Commerce Department Secretary Ross Congress House Hanzee Lo Wang
House committee chair presses Census on delays to count

AP News Radio

00:56 sec | 10 months ago

House committee chair presses Census on delays to count

"The head of a house committee's threatening to subpoena for commerce secretary Wilbur Ross unless he delivers census documents to lawmakers by next week to explain delays of apportionment data New York congresswoman Carolyn Maloney says the census bureau Mr November twenty four deadline to deliver documents to lawmakers to keep them apprised of anomalies found in the tracking of population figures used to allocate congressional seats also the impact on the accuracy of the twenty twenty census she wrote to secretary Wilbur Ross your failure to cooperate with the committee's investigation appears to be part of a dangerous pattern of obstruction with the census internal documents suggest the census bureau anticipates the count won't be ready until after inauguration day that would interfere with president trump's contested plan to exclude people who are in the country illegally from being counted Jackie Quinn Washington

Wilbur Ross Carolyn Maloney House Committee Census Bureau New York Donald Trump Jackie Quinn Washington
New development in US, Russia uranium deal

Balance of Power

04:29 min | 1 year ago

New development in US, Russia uranium deal

"Pending between United States and Russia for some years now has been the importation into the U. S of Russian uranium is the subject of an ongoing anti dumping case. We welcome now the secretary of the U. S. Department commerce, He's Wilbur Ross with an important development. In the case of Mr Secretary. Thank you so much for being here. There's a development today. What is it? Well, the development is we have re negotiated with the Russians, atomic people. The energy contract for uranium coming into the US over the next 20 years. The original agreement, the old agreement had been scheduled to expire very shortly. So that no one replaces. That reduces annually the percentage of uranium that the Russians can supply to the U. S. And changes some technical features. So that now reprocessed two little uranium coming in accounts in the quota. So the net effect of this Will be to strengthen the US uranium producing industry and US uranium refining, but to do it in a very gradual way. It does not have any material impact on electric utility rates for those utilities that I use in uranium. So Mr Second give us a sense from two points of view. One is the industry in the United States that is uranium production industry what it does for them, but then also longer term strategically for the United States and its energy policy. What does it do for United States? Energy policy has several important components. One his national security, There's obviously a national security risk. To the degree that our electric power industry depends upon Russia as a source of throwing material. This is an even more direct national security risk, as our navy depends on foreign sources, such as Russia for the nuclear submarines that we have Going about in the ocean, so the way to deal with all that there's tohave, a healthier domestic industry. Do we have the wherewithal to supply the amounts of uranium? The other was we lost. That is say, I guess a different way of putting it is the price going to go up? You said it's going to be brought in gradually over time. But you expect this will actually support the price of uranium to the utilities. Well, what we're doing is reducing the Russian content from about 20% to about 17% directly, and then we're making the other technical changes. And that change occurs over a period of years. So you're talking a very small portion of the utilities, input and uranium. For nuclear power is only a small portion. They could throw around 20% of the total power so it will not be noticeable. Especially since there's such volatility in the prices of the other sources of power, namely oil, not true gas and coal. So this will get not noticeable to the consumer, but it would be very noticeable to the US producers. So I understand Mr Secretary. Why this would be helpful to us producers and I understand your point about strategic strategic significance for United States. What was in it for Russian? Put it directly. What did they get out of this deal? Well, what they get out of the deal was assurance of a stable relationship here for many years to come the alternative to this suspension agreement. Would have been for us to bring a 2 32 proceeding and potentially imposed tariffs, quotas or other remedial measures. So what it gives everybody on both sides is assurance about what are the rules of the game. How much material will come in from Russia? How much material will not come in from Russia? And therefore it should stabilize things, both from the U. S point of view and the Russian point of view. Let's turn from Russia.

Russia United States Mr Secretary Wilbur Ross Mr Second
US official: 2020 census to end Oct. 5 despite court order

AP News Radio

00:56 sec | 1 year ago

US official: 2020 census to end Oct. 5 despite court order

"The nation's commerce secretary says the twenty twenty census will end next week despite a federal judge's ruling that it continue through the end of October in a tweet commerce secretary Wilbur Ross announced the self response and field data collections operations are targeted to end October fifth last week a California judge issued an injunction to prevent the census count from ending early with the intent to revert back to a previous deadline of October thirty first she ruled the trump administration's efforts to shorten the schedule would likely produce inaccurate results agreeing with those who argue minorities and others in hard to count communities would be missed if the counting ends this month but this new October fifth date does not necessarily violate the judge's order a hearing was under way to determine a cut off date Jackie Quinn Washington

Wilbur Ross Jackie Quinn Washington California
TikTok and WeChat: US to ban app downloads in 48 hours

Techmeme Ride Home

03:18 min | 1 year ago

TikTok and WeChat: US to ban app downloads in 48 hours

"This morning the Commerce Department announced that it will ban US downloads of and business transactions with Tik Tok and we chat on Sunday. So are these stories don now probably not even close quoting CNBC, the announcement comes ahead of an expected statement Friday by President Donald Trump on whether or not the government will approve a deal for Oracle to take minority stake and TIKTOK and become a trusted technology partner for the company in the US. It's unclear if the Commerce Department's announcement means there's no possibility of a deal going through. Before this Sunday deadline, it could be an aggressive move from the trump administration to push for its original intention to force Tiktok to become fully owned by a US company. The Commerce statement said that starting Sunday US companies will be banned from distributing we chat tiktok meaning the two major mobile APP stores run by apple and Google will have to remove the APPS from their libraries. The statement also blocks US companies from providing services through we chat quote for the purpose of transferring funds or processing payments within the US and quote. But. The announcement also lays out a separate timeframe specific to tiktok giving it until November twelfth to resolve the US national security concerns the rules that start November twelfth include provisions that block US companies from providing Internet hosting and services. For TIKTOK, this could be directed at the deal being negotiated between TIKTOK and Oracle which would provide cloud services for TIC TAC if trump approves and could give Tiktok and Oracle more time to hammer out a deal that will. Satisfy the president in an interview with Fox business on Friday Commerce Secretary Wilbur Ross said, the bands will affect Tiktok and we chat differently at first. He said Tiktok will still function, but users will not be able to upgrade the APP. It's still unclear what kind of functionality we chat will have in the US after Sunday but it's unclear whether or not TIKTOK will still be allowed in mobile APP stores but not allowed to provide updates to users and quote. Not The date of that extended tiktok deadline November twelfth certainly that gives all sides more time to negotiate a deal. But as Peter Kafka pointed out on twitter, we chat enormously popular with Chinese Americans owned by a Chinese company will be crippled by the US on Sunday night TIKTOK enormously popular with Americans including some trump voters owned by a Chinese company trying to do a deal with trump's supporters it will be okay through election day and quote. More headlines and rumors have been bouncing around over the last twelve to twenty-four hours bite dances apparently planning on a US IPO for whatever new business is carved out if it's allowed to be carved out. An agreement has been hammered out between dance and Oracle that includes the creation of an oversight board approved by the US government and a continuous third party audit, and finally most juicy sources are telling the New York Times that instagram founder Kevin System, has had preliminary talks about becoming tick tock new CEO if tech talk is allowed to continue as Josh. Bernstein. tweeted INSTAGRAM's Kevin System. Becoming Tick CEO and crushing reels would be the ultimate revenge for Zuckerberg stripping his autonomy. So Spicy and quote.

United States Tiktok Donald Trump Oracle Commerce Department Us Government President Trump Tik Tok Cnbc Wilbur Ross Partner CEO Kevin System Instagram Apple New York Times Twitter Google
WeChat Officially Banned On Sunday. TikTok Only Kinda Banned.

Techmeme Ride Home

03:18 min | 1 year ago

WeChat Officially Banned On Sunday. TikTok Only Kinda Banned.

"This morning the Commerce Department announced that it will ban US downloads of and business transactions with Tik Tok and we chat on Sunday. So are these stories don now probably not even close quoting CNBC, the announcement comes ahead of an expected statement Friday by President Donald Trump on whether or not the government will approve a deal for Oracle to take minority stake and TIKTOK and become a trusted technology partner for the company in the US. It's unclear if the Commerce Department's announcement means there's no possibility of a deal going through. Before this Sunday deadline, it could be an aggressive move from the trump administration to push for its original intention to force Tiktok to become fully owned by a US company. The Commerce statement said that starting Sunday US companies will be banned from distributing we chat tiktok meaning the two major mobile APP stores run by apple and Google will have to remove the APPS from their libraries. The statement also blocks US companies from providing services through we chat quote for the purpose of transferring funds or processing payments within the US and quote. But. The announcement also lays out a separate timeframe specific to tiktok giving it until November twelfth to resolve the US national security concerns the rules that start November twelfth include provisions that block US companies from providing Internet hosting and services. For TIKTOK, this could be directed at the deal being negotiated between TIKTOK and Oracle which would provide cloud services for TIC TAC if trump approves and could give Tiktok and Oracle more time to hammer out a deal that will. Satisfy the president in an interview with Fox business on Friday Commerce Secretary Wilbur Ross said, the bands will affect Tiktok and we chat differently at first. He said Tiktok will still function, but users will not be able to upgrade the APP. It's still unclear what kind of functionality we chat will have in the US after Sunday but it's unclear whether or not TIKTOK will still be allowed in mobile APP stores but not allowed to provide updates to users and quote. Not The date of that extended tiktok deadline November twelfth certainly that gives all sides more time to negotiate a deal. But as Peter Kafka pointed out on twitter, we chat enormously popular with Chinese Americans owned by a Chinese company will be crippled by the US on Sunday night TIKTOK enormously popular with Americans including some trump voters owned by a Chinese company trying to do a deal with trump's supporters it will be okay through election day and quote. More headlines and rumors have been bouncing around over the last twelve to twenty-four hours bite dances apparently planning on a US IPO for whatever new business is carved out if it's allowed to be carved out. An agreement has been hammered out between dance and Oracle that includes the creation of an oversight board approved by the US government and a continuous third party audit, and finally most juicy sources are telling the New York Times that instagram founder Kevin System, has had preliminary talks about becoming tick tock new CEO if tech talk is allowed to continue as Josh. Bernstein. tweeted INSTAGRAM's Kevin System. Becoming Tick CEO and crushing reels would be the ultimate revenge for Zuckerberg stripping his autonomy. So Spicy and quote.

United States Tiktok Donald Trump Oracle Commerce Department Us Government President Trump Tik Tok Cnbc Wilbur Ross Partner CEO Kevin System Instagram Apple New York Times Twitter Google
TikTok and WeChat: US to ban app downloads in 48 hours

Rush Limbaugh

00:34 sec | 1 year ago

TikTok and WeChat: US to ban app downloads in 48 hours

"Downloads of the Chinese owned APS, tic tac, and we chat the Commerce Department announced today It will prohibit American users from downloading the popular Chinese owned mobile APS, tic tac, and we chat Citing national security concerns, Commerce Secretary Wilbur Ross said in a statement. The band would prohibit downloads of tech talk, or we chat from APP stores as of September, 20th President Trump had issued an executive order in August, threatening a ban on TIC Tac if it didn't find an American fire, which had is a popular messaging app, while Tic Tac is known for its short form videos. Liz officials. The ABC News Washington America,

Tic Tac Commerce Department APS Wilbur Ross Abc News Donald Trump LIZ President Trump Washington America Executive
US will ban WeChat and TikTok downloads on Sunday

WSJ Minute Briefing

00:26 sec | 1 year ago

US will ban WeChat and TikTok downloads on Sunday

"The trump administration says, it will ban downloads of the chinese-owned video sharing APP, Tiktok and the US use of China's popular messaging and electronic payment APP. We, chat after Sunday night Commerce Department Secretary Wilbur. Ross cited National Security and data privacy concerns for the move. It comes amid discussions that could lead to Oracle and Walmart taking a significant stake in Tik Tok in a bid to ease the White House's concerns

Tik Tok Commerce Department Secretary Walmart Ross National Security White House United States China Tiktok Oracle
US bans WeChat, TikTok citing national security

AP News Radio

00:45 sec | 1 year ago

US bans WeChat, TikTok citing national security

"The Francis the trump U. S. administration Houston's is set to wondering ban is banning downloads if two Monday popular of two tree popular mosques apps Chinese starting offer apps this enough weekend protection citing national from beginning the security coronavirus Sunday and the commerce data in privacy department crowded says concerns lecture it's banning halls transactions starting Sunday at in least the Americans U. a dozen S. pope using will not at nineteen tick be able tock customs to download and we tick have chat emerged tock nor since with secretary French we campuses chat Wilbur Ross which and classrooms is saying being banned it's a open B. from do this use fight month entirely China's a warning sign malicious a total the collection countries ban elsewhere on of Americans tick tock in personal will Europe follow data women's in November universities security so are the experts resuming trump administration worry soon the Chinese says out from access company sees to academy's that take owns talking maybe tick lack tock possible of the centuries would have of old some access safeguards Sorbonne to information university are put in place on the apps the main one the change administration hundred is million mounted says users the tree moves mosque are in aimed the wearing U. at S. fighting old China's times the government malicious previously but keeping collection said physical using of distances Americans a personal downloading appears data impossible take talk since in to many communicate Beijing places could would order students not companies describe be a to band situations help gather transaction intelligence where there's no simple Sager which tick to tock wash mag their says ani hands it Washington would not away rooms do it's sometimes unclear with what no the order windows means to for provide oracle's fresh at recent a deal multi to disinfected take over take between talks lectures US operations and also dispatch Sager made has Donnie Washington said eight arrivals have to sit on the floor I'm Charles the last month

Francis Houston Wilbur Ross China Europe U. Washington Oracle Sager Donnie Washington Charles Secretary Tree Moves Mosque Beijing United States
Virus clusters at French universities give Europe a lesson

AP News Radio

00:48 sec | 1 year ago

Virus clusters at French universities give Europe a lesson

"The Francis trump administration Houston's wondering is banning if two Monday popular tree mosques apps starting offer this enough weekend protection from beginning the coronavirus Sunday the commerce in department crowded says lecture it's banning halls transactions at in least the U. a dozen S. pope using at nineteen tick tock customs and we have chat emerged since with secretary French campuses Wilbur Ross and classrooms saying it's a open B. do this fight month China's a warning sign malicious the collection countries elsewhere of Americans in personal Europe data women's universities security are experts resuming worry soon the Chinese out from company sees academy's that owns tick lack tock of the centuries would have old access Sorbonne to information university on the apps the main one change hundred is million mounted users tree mosque in the wearing U. S. old times the government previously but keeping said physical using distances a downloading appears impossible take talk in to many communicate places would students not describe be a band situations transaction where there's no simple Sager to wash mag their ani hands Washington away rooms sometimes with no windows to provide fresh at a multi disinfected between lectures and also dispatch has said eight arrivals have to sit on the floor I'm Charles the last month

Houston China Sager Washington Charles Francis Trump Pope Secretary Wilbur Ross
US banning use of WeChat, TikTok for national security

AP News Radio

00:36 sec | 1 year ago

US banning use of WeChat, TikTok for national security

"The trump administration is banning two popular apps starting this weekend beginning Sunday the commerce department says it's banning transactions in the U. S. using tick tock and we chat with secretary Wilbur Ross saying it's a B. do fight China's malicious collection of Americans personal data security experts worry the Chinese company that owns tick tock would have access to information on the apps one hundred million users in the U. S. the government previously said using a downloading take talk to communicate would not be a band transaction Sager mag ani Washington

Commerce Department Wilbur Ross China Secretary Sager Ani Washington
US banning use of WeChat, TikTok for national security

AP News Radio

00:36 sec | 1 year ago

US banning use of WeChat, TikTok for national security

"The trump administration is banning two popular apps starting this weekend beginning Sunday the commerce department says it's banning transactions in the U. S. using tick tock and we chat with secretary Wilbur Ross saying it's a B. do fight China's malicious collection of Americans personal data security experts worry the Chinese company that owns tick tock would have access to information on the apps one hundred million users in the U. S. the government previously said using a downloading take talk to communicate would not be a band transaction Sager mag ani Washington

Commerce Department Wilbur Ross China Secretary Sager Ani Washington
Federal judges block Trump census order on undocumented immigrants

BBC World Service

00:27 sec | 1 year ago

Federal judges block Trump census order on undocumented immigrants

"In New York is blocking President Trump's ordered to exclude certain immigrants from the census count. The panel says the resulting damage would last for a decade. A memorandum released in July shows. The president ordered Comer Secretary Wilbur Ross to provide information needed to exclude unauthorized immigrants from the official head count. Census figures are used to determine the number of U. S House seats in each state and the allocation of federal money.

Comer Secretary Wilbur Ross President Trump Donald Trump New York U. S House Official
Census changes raise questions for states holding 2021 elections

All Things Considered

02:42 min | 1 year ago

Census changes raise questions for states holding 2021 elections

"Judges in New York aggressively questioned the Trump Administration today about its plan to exclude undocumented immigrants from the final census tally used to determine congressional seats and much more. The lawsuit against the president's memorandum, which came out in July, was filed by New York state on behalf of more than 20 other states as well. A cities like Chicago and immigrant groups to NPR's Hansi Lo Wong covers the census and he listened to the virtual hearing. Nancy. Thank you so much for joining us this afternoon. Thank you for having me. Jamie, can you remind us first? What the president's July memorandum actually says it calls for an unprecedented change. Toothy apportionment count. This is the set of census numbers used to determine how many seats each state gets once every 10 years that redistribution of congressional seats. The Constitution. 14th amendment specifically calls for the whole number of persons in each state to be included in that count. Resident trumps memo that he put out in July calls for unauthorized immigrants to be excluded from that count, and it specifically directs the Commerce secretary, Wilbur Ross, who oversees a Census Bureau to come up with information to provide to the president. That would allow the president to carry out that policy. Well, that gives us a bit of a sense of what went on in court today, but drill down on it a bit. What did each side argue? And how did the judges react? It was a fairly speedy hearing. But the main issue here the judges were trying to figure out how quickly and when. Exactly, they have to rule on this that the clock is really ticking. And these plaintiffs are arguing that they need a ruling as soon as possible because they say that this memo is already hurting ongoing census efforts and the trouble administrations attorneys with the Justice Department. They're arguing that The judges don't have to rush and that any decision should really wait until the president receives any information from the commerce secretary. But another part of the equation here is that the 2020 census forms have you taken a look at them? There's no question about a person's immigration status, so the Census Bureau has been collecting information for this year's count. Without knowing. What a person's immigration status is so judges were really pushing hard on the Justice Department attorney to explain Does this promise you should have a plan? Justice Barman said. No. Nothing definitive yet. There was really tough questioning, and it sounded like based on the questions that the judges were really skeptical of the Trump Administration's arguments. Well

President Trump Census Bureau Trump Administration Nancy Lo Wong Justice Department New York Justice Barman Congressional Chicago Wilbur Ross NPR Jamie Attorney
"wilbur ross" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:50 min | 1 year ago

"wilbur ross" Discussed on Bloomberg Radio New York

"Almost 1000 a day, 82 year old Commerce secretary Wilbur Ross has been hospitalized for what the department calls minor non corona virus related issues. I'm Christopher Cruz. This is Bloomberg Daybreak weekend. Our global look ahead of the top stories for investors in the coming week. I've Nathan Hager in the Bloomberg 99 1 Washington newsroom and we have just had a remarkable week. We could be heading into another one because they're growing signs of some discord within the GOP. For more. I want to bring in a B. Morris here in our 99 1 newsroom. Maybe thank you, Nathan. One thing driving discord among some Republicans, and perhaps within the Trump campaign itself is the president's poll numbers We want to bring in Bloomberg chief Washington correspondent Kevin So, really, He's been tracking this very carefully. Kevin is always great to have you. Thank you so much for joining us to talk about all of this. Thank you for having my friends. Okay? The latest Quinnipiac University poll showing 50% of voters say they trust Joe Biden do a better job managing the nation's economy. That same poll, also showing Biden has a 52% of 37% lead over the president. And that's a 15 point margin. We haven't seen anything like that. Since probably last October. Some stuff to unpack here. First of all the economy is the president's wheelhouse. That is his thing. So to show him neck and neck with Joe Biden in that area. Is that an aberration or are we starting to see a trend? What are you learning? Well, look, This comes at a time in which the Biden campaign over the last week has had a rollout of his economic plan. And, quite frankly, it was a very well orchestrated to tear to problems approach in terms of its unveiled the first approach. Was to talk about work force development as well as regulations to some extent with regards to taxing the wealthy and whatnot. However, they were very careful to not make the financial services and worked of development portion of the plan be viewed as too far socialist, so to speak. And in fact, many of the forces that were driving sort of the conversation surrounding this part of the plan, where many of the centrist sources that were a part of The Obama administration. I spoke last week with former Commerce secretary Penny Pritzker. She, of course served in the Obama administration and Amy was one of the key forces driving the workforce development behind that she's seen is a more moderate Democrat in the party. Contrast that with this week when they had their rollout of some energy policies, and while the vice president former vice president is being advised by some progressives, including freshman Congresswoman Alexandria, a Costco, Cortez in private discussions and conversations with sources on the campaign, I can tell you that they are very much also bringing to the table. Some union leaders. Why, because in a battleground state like Pennsylvania, which President Trump won in 2016 the issue of fracking is crucial, crucial in order to union members in that particular state. They're often times at odds with the so called proponents of the green new deal as they call it, so Biden has walked a very, very, very delicate political tightrope in its unveil, and you're seeing the success of that. The poll numbers His bunch that he's gotten in terms of the economic plan rollout. It's interesting the way you're couching this and the way you're explaining it, because instead of looking at it, perhaps as the president's slipping in that area in the area of the economy, perhaps it's Biden catching up, and we're seeing Biden catching up in other areas as well in some of those national polls, where we might even see the president Consistently pulling behind Joe Biden. But in other areas, Biden it's still sort of sort of playing catch up. Is that also a trend you're saying? Yes, you know, look, and I think at that point, Amy, I also think juxtaposed with sort of the I have a sort of juxtaposed with the disorganization for lack of a better word in the Trump reelection campaign. This has been a very good summer for the Biden campaign. There's still plenty of time. Between now and November. I would anticipate the race in Titan's sometime in August and September, especially once the debates begin. But really President Trump has been running against Cove in 19 and not against Joe Biden and the biting campaign has enjoyed that luxury because they're being able to tell their own plans and not really have to draw a contrast. That will end of course during the debate season, But for right now, it's It's almost as if there's two different races going on, Kevin. I love it when you anticipate my next question. I want to dig into that a little bit more. The Trump campaign is, you know, put a lot of money and energy and ads and tweets and other things that oppose Joe Biden even before Biden was the presented Democratic nominee So is that not working? Or is it the Corona virus that the president now finds himself running against? That's the X factor that really nobody counted on? It is definitely the X factor that nobody counted on. He also, I think, has Joe Biden strategy has been make this a referendum election. Do not make it a contrast election and so that that strategy right now, if you based the the results upon the polls right now, in the snapshot moment in time, the Biden campaign has been more successful. But I think that you know the Trump campaign is is pushing this. Get out the vote effort in battleground states like Michigan and Wisconsin. When I talked to sources on the Trump campaign, they say they're really running a county by county election effort there going to be looking specifically in those battleground states, Michigan, Wisconsin, Ohio, Florida to see where how their policies there playing, and I think a lot of times it would be a massive mistake..

Joe Biden president President Trump Kevin So Bloomberg Nathan Hager Obama administration Washington GOP Wilbur Ross vice president Amy Christopher Cruz B. Morris Quinnipiac University Penny Pritzker Michigan Titan Costco
"wilbur ross" Discussed on WIBC 93.1FM

WIBC 93.1FM

03:29 min | 1 year ago

"wilbur ross" Discussed on WIBC 93.1FM

"Okay is coming to Indianapolis so by the way is the commerce secretary Wilbur Ross and I know you're all just absolutely excited about that what Wilbur Ross last month he's also loaded dear lord crazy crazy amount of money Tony cats ninety three W. I. B. C. good morning great to be with you yes they they are coming they both sit on a board to gather and so they're coming to see what's going down in the fair city this is the American workforce policy advisory board of on the trump is the co chair and along with Wilbur Ross board member governor Eric Holcomb so I don't know if he's in charge of the tour they're gonna be welcomed at the Indianapolis Motor Speedway for Tor I honestly is there is there gonna be a drive is there going to arrive Mar you're gonna be out there the two seater what's going down and then they will meet at the Indiana women's prison that's been confirmed by the Indiana department of corrections I don't know what else is going to happen I only imagined driver's gonna get a little messed up in those areas and you gotta you've got to keep an eye out for that today however is giving Tuesday right you have thanksgiving and then you have Black Friday and then you have small business Saturday Sunday so day of rest Monday is cyber Monday and then you have giving a Tuesday the latest on the dollars some cyber Monday according to C. N. B. C. nine point two billion dollars up sixteen point nine percent from a year ago spending a Levin a million dollars a minute from eleven PM to midnight dear lord some of the people I think they can get like last minute deals is that how it worked I don't know I didn't buy anything I never let like like a schmuck I ended up buying some stuff but I nothing that was that was Black Friday ask I need I need them a broadcast cable camera but that's what I bought like I I'll yeah it's it's in my eyes my office right now it's not listen it's it's I thought it was gonna be a lot bigger like it's it's basically camcorder size it really is and super lightweight with not just by its way that is the number to order we're doing a holes I told you things are getting interesting guys we're doing all set up we're no I honestly it could all be for naught but yeah nothing ventured nothing gained as they say in the business my people nine point four billion that's a that's pretty impressive of a number of top sellers included frozen to toy is LOL surprise dolls with a little surprised all map where what's in LOL surprise though it's a done a lot to love right that's what L. O. L. stands for lots a love though I I I thought I thought was laugh out loud well I've been I've been doing a lot of people lots a love for them.

Indianapolis Wilbur Ross two billion dollars million dollars ninety three W nine percent
"wilbur ross" Discussed on The Takeaway

The Takeaway

02:58 min | 2 years ago

"wilbur ross" Discussed on The Takeaway

"Pawn pay. Day, title loans, all of these things are varieties of the same thing. What Pont is is you're bringing in a product of value. So you're, you know, wedding ring, your laptop something like that. And they're giving you a loan and they're holding onto this piece of property as collateral. It's not about the the ring or the laptop. They don't really want to resell that that's just there in case you default. What the, you know, the business model of these of these lenders is the interest and fees that you're paying on the loan itself. So the pond broker is sort of taking something from you just in case you default that's same thing with title loan. So titled owns is the take the title to your car. So in the event that you don't pay back the loan and all the fees and interest. They're able to take your car over payday is you're there is nothing as collateral, but they can garnish wages and things like them. Let's talk about who's taking out these loans. I mean, we're talking about this, obviously, there was a spike during the government shutdown, and we did extensive reporting here on the show about how families were struggling to get by many. The American families are living paycheck to paycheck can't afford to take a couple of weeks without pay. But generally, speaking beyond what we see in the shutdown who is the target demographic. If any for this type of product, I mean, these are in to quote of politicians the average American this is not a there's not the destitute. You have to have a paycheck. You have to have an income to take out a payday loan. And so the Federal Reserve at the study about half of the American population, if they need it if they had a shortfall of about a thousand dollars, they would have to borrow to make ends meet. So if you need a thousand dollars, let's say if you're furloughed federal employee who doesn't have a ton of savings, which is the case for most Americans because we're just not making enough wages to meet our expenses. You would have to borrow that money because you're not getting paid. And so some of us can go to friends and family to borrow some of us can have some other means of getting that income, but but that's complicated on its own right, friends and family, there's other sort of calm. Complexities that come out one. There are and and I want to bring in one more voice here because we're talking about the complications of that. Let's take a listen to what our commerce secretary Wilbur Ross had to say about this issue of the credit union should be making credit available to them true. The people might have to pay a little bit of interest. But the idea that it's paycheck or zero is not a really valid idea. I wanna sort of break that down because that's the commerce secretary Wilbur Ross as telling people to take out loans for quote a little bit of interest. And that the idea of not having a paycheck. It's paycheck or nothing is not valid. Let's be realistic. How valid is that comment that is shocking level of ignorance of how banks and credit unions work. I mean, banks and credit unions haven't been able to give consumers or haven't been interested in giving consumer loans since the nineteen hundred it is impossible to walk into your Bank and.

Wilbur Ross Federal Reserve thousand dollars
"wilbur ross" Discussed on Le Show

Le Show

01:40 min | 2 years ago

"wilbur ross" Discussed on Le Show

"One thing. You can hang your hat on you bunting, you'd take to the Bank the end of the shutdown. Doesn't mean the beginning of the shut up. There's going to be more yacking about all of this the yacking that I think gathered. Deserved amount of attention. This past week was when Wilbur Ross US commerce secretary secretary of commerce, and a multimillionaire industrialist was asked what was his opinion about federal workers who during the shutdown were being forced to two times resort to food banks and other ways of supporting them selves and their families. A no they are in. I don't really quite understand why because as I mentioned before the obligations that they would undertake Sayeh borrowing from the Bank or credit union are in effect. Federally guaranteed. So the thirty days of pay that some people will be out. There's no real reason why they shouldn't be able to get a loan against it. There was a lot of criticism of Wilbur Ross for saying that. But maybe he had a good reason. Are you a federal employee hurt by the government shutdown? Have you endured the humiliation visiting food Bank? But being threatened with eviction. Well, he's good news. Hi, I'm Wilbur Ross. And if you're afraid of loan from banker credit union will take too long, you're right. But you want to hear.

Wilbur Ross secretary government thirty days
"wilbur ross" Discussed on Progressive Talk 1350 AM

Progressive Talk 1350 AM

03:41 min | 2 years ago

"wilbur ross" Discussed on Progressive Talk 1350 AM

"Dot com because Wilbur Ross one of the oligarchs Zimmer goal Wilbur Ross was very dismissive of oh, just get alone. And as Catherine ran Pell are AM, it's R A M P E L, L Catholic with C. Catherine ran pellet the Washington Post. She reported that Wilbur Ross commerce secretary of commerce agrees in the cabinet Wilbur Ross's. Own Commerce Department's own credit union is charging its own employees. Nine percent on alone. Right. So absolutely go ahead. Get your loan nine percent, one eight eight three two one six thousand and one and God tweeted out on Twitter today. I hope you saw that one. God my favorite God. There's a couple of different gods on Twitter at least a couple, but my favorite God on Twitter. Why don't bore people have more money? The Republican God I Julia Minnesota. Hi, julie. I'm cracking up over that. I have a very very important question before I get to my topic. And that is I heard from a couple of forces at the federal courts are scheduled to shutdown from lack of money tomorrow. I don't know about tomorrow, it's going to be scattered different courts have different money's in different accounts rating at fees. Right. Okay. So it won't be one uniform all or nothing it's gonna be kind of spotty aspect molars grand jury. I don't know if it is or not. But that's good. You know, I thought it was all of them say I want to let you know what's going on in Minnesota. I just heard on the radio while ago, the official that the Minneapolis Saint Paul airport have asked this food Bank. It's kind of a special kind of food Bank. They serve meals five days a week in the inner city and also some other locations called lawn and fishes, and they asked them to come out to the airports and served. Meals a day to the workers federal workers. That makes it really does. Because if you're working all day, and you're not even getting money to at least feed people. Pennants charity, and it's loaves and fishes the real Christians, by the way, these are the real questions loaves and fishes feeding poor people in the in the city, all that's real those are real Christians. And isn't it isn't it pathetic that poor people who ought to be homeless people want to be getting that food. They're not getting it because it's being diverted to government employees because the government is them. How pathetic. Scary. This is scary that other poor people won't won't get get the help. And you had a being diverted snap benefits they end March. First. Our governor is going to try to get along. The federal government already owes Minnesota one hundred million dollars. He's going to try to get along. Here's promised to not let those people go hungry in Minnesota. But the benefits and March hurts. The longer. This goes on the more people are going to come to the conclusion that they can't take it anymore, and that they're not going to take orders and take punishment. They're going to say I've got to take action. I'm hoping that the the air traffic controllers, and TSA employees will shut down our air traffic system that will save a lot of people a lot of trouble. I'm very worried about federal employees taking matters into their own hands and doing violent things. I'm very worried about people committing suicide. I'm worried about the federal government losing employees people quitting. We have valuable. You know, we have pleases institutional knowledge, people not to do their jobs, what Benedict Donald is doing is tremendous damage to the people who worked for.

Wilbur Ross Twitter Minnesota federal government C. Catherine Commerce Department Julia Minnesota Washington Post Pell Minneapolis Saint Paul airport Benedict Donald julie TSA official one hundred million dollars Nine percent nine percent
"wilbur ross" Discussed on Anderson Cooper 360

Anderson Cooper 360

03:18 min | 2 years ago

"wilbur ross" Discussed on Anderson Cooper 360

"Five thousand dollars at the undis-. Counted rate of nearly nine percent later clarified. How much he cares by telling Bloomberg news. And I quote, we're aware painfully aware that there are hardships inflicted on the individual workers. Now, according to the TSA salary for screeners can range from twenty three to thirty five thousand dollars, which means that seven hundred million dollars net worth Wilbur Ross has enough money to live on screeners top salary for about twenty thousand years. What if government workers can't get alone? Loan already living on the edge. As many are what happens when the bills come due. Well, President Trump had an answer for that today. Does your presidency Wilbur Ross said that he didn't understand what pedaled workers need help getting food? You can you understand the habit? I haven't heard the statement. But I do understand perhaps you should have said it differently. Local people know who they are where they go for groceries and everything else. And I think what will always probably trying to say is that they will work along, I know banks of working along if you have mortgages, the Borghese the mortgage the folks collecting the interest and all of those things they work alone. And that's what happens in dime like this. They know the people they've been dealing with them for years, and they work along the grocery store, and I think that's probably what Wilbur Ross. Wilbur Ross was watching the Andy Griffith show and Barney fife didn't have work, and he went to the grocery store and everybody knows Barney five, and they all know him the local banks, of course, they gave him a mortgage. They give him alone. They gave them free grocery stores. That's what happens it's kind of like a friendly landlord. The president has talked about on other occasions. Always ready to give you more time to pay. Just like he always did when he was a landlord perhaps you should tell that to Ali Morgan field who still going to work is still not getting paid and still forced to worry as he keeps us all safe. How it might feel when he gets a victim more now and all of this and what the president is doing about it or not doing about. It was seen as Caitlyn Collins who joins us now from the White House. So you've got some new reporting on the likelihood of the president declaring a national emergency. What what is the latest? Yeah. Anderson CNN has SC. Lucidly attained this document that shows the White House has prepared a draft for the president to declare a national emergency to build his border wall into funded. If congress doesn't give him the funding now White House officials say that this is still. An option for them. But right now, it's not their top option. But clearly Anderson the fact that this draft exists and has been edited as recently in recent days shows that White House officials still think it's a real possibility that the president could bypass congress and use this national emergency to build his border wall. And the president alluded to that today when reporters were in the room when him with him when he was asked like about Wilbur Ross's comments. He also said that it this doesn't work out with Democrats that he will pursue other options to build his border wall. The president never. Here's negative comments that his own people are making that are widely covered. But he seems to hear just about everything else. That's going on in the universe on television. Do the president. And his advisors seem concerned that six Republicans supported the Democrats plans today and the Senate and did they think they're new pro rated down payment proposal is actually viable well right now. And there is it's at least a plan, which is some progress where they've been in recent days..

Wilbur Ross president White House Barney fife Anderson Bloomberg congress TSA Borghese Caitlyn Collins Ali Morgan Trump Senate CNN SC Andy Griffith seven hundred million dollars thirty five thousand dollars Five thousand dollars
"wilbur ross" Discussed on WGN Radio

WGN Radio

02:02 min | 2 years ago

"wilbur ross" Discussed on WGN Radio

"Knee center. Help you feel new again. Yes. Yes. Okay. So related to this number five. Commerce secretary Wilbur Ross stepped in it. CNBC with that Andrew Ross Sorkin handsome young man. Yes. And he said he didn't understand why the federal workers are all going to food pantries to get food for their families when they get just down alone. Great to get food. I don't really quite understand why. Because as I mentioned before the obligations that they would undertake Sayeh borrowing from the Bank or credit union or in effect. Federally guaranteed. Okay. So you're saying go get a loan you if you don't have getting paid. You are guaranteed that you will be paid by the federal government. So they go to the Bank and you get along. Wait in line for food. Does it take you to get a loan done alone? Right. Oh, I haven't even gotten to that part yet holda. I've just saying you can go to the food pantry Wilbert. I never been to if we pantry. First of all, you go to get the food you go home. You eat the food. You go to the Bank you fill out paperwork, and then they do a credit report. And then they do all this other stuff with you. And then they find out you're not getting paychecks it, right? And then they go your kids federal guaranteed. You'll eventually get a paycheck. But we'll get you your loan in six weeks. Meanwhile, the food pantry gave you your apples to date. Then you get to eat. I mean, this is so simple. This has gotten. I cannot believe how completely out of touch is so much. So even the president even the president. Maybe whatever shouldn't have said that. I haven't heard the.

Andrew Ross Sorkin Wilbur Ross president CNBC six weeks
"wilbur ross" Discussed on The Nicole Sandler Show

The Nicole Sandler Show

02:44 min | 2 years ago

"wilbur ross" Discussed on The Nicole Sandler Show

"How's that for a segue shit? We're is the dawn we're do. Oh here. He is Wilbur Ross is in the news today before we get to what's news. I want to share this because this happened. After I wrote and produced what's news this morning Wilbur Ross who's the Treasury Secretary apparently goes back decades with Donald Trump. Was asked about the the the the the furloughed federal workers who are either not working or even worse. Forced to go into work for no pay that slavery, by the way, and. And Wilbur Ross I'm going to just play you a little bit of back and forth that happened on CNBC earlier today. So first you'll hear the voice of the CNBC person. When when you hear the guy that sounds like he's death warmed over my name is rose. That's him. Yeah. For spectacle here. Workers. Well, I feel sorry for the individuals that have hardship cases eight hundred thousand workers if they never got their pay which is not the case, they will eventually get it. But if they ever got it talking about a third of a percent GDP gives a fuck about a third of a percent of the GDP. It's only eight hundred thousand federal workers if they don't ever get a check. It doesn't really matter. It's drop in the bucket. So it's like a gigantic number overall secretary mister secretary their reports that there are some federal workers who are going to homeless shelters to get food. Well, nobody are really quite understanding. The obligations that they would undertake say Abbar owing from the Bank or credit union are in effect. Federally guarantee the thirty days of pay that some people will be out. There's no real reason why they shouldn't be able to get a loan. Number beds to to Sion's doing that. What a despicable piece of shit. This is this this song is not. Big. It's a bad news story. Big. His name is will..

Wilbur Ross CNBC secretary Donald Trump thirty days Sion
"wilbur ross" Discussed on KGO 810

KGO 810

02:12 min | 2 years ago

"wilbur ross" Discussed on KGO 810

"I don't know about you. But I don't have time to run a lot of Ahrends during the day when I work because I got things to do. I don't really quite understand. Why? I don't really quite understand. I mean, I'm a billionaire and doesn't money just happen because I'm so wealthy that it's too bad for you little people that you aren't as wealthy as me. That's your fault. Wilbur and then get off my lawn. You poor people. He might as well have said that at the end of that conversation on CNBC. It's on. I mean, I was so deeply offended when I heard him say that I. I'm not a federal worker. I am a little bit of a populist from. Yeah. I like what Bernie said I there were aspects of I don't care if you're on the right or left when you go if feels like oftentimes our government is not listening to what's happening with people. I'm just going to kill the coal jobs when Hillary Clinton said that it was it was toned deaf. What about the people who are losing their jobs? What do you have implant to retrain them, get them jobs? So that can be a functioning. Contributing member of our society. You know, I it's not unique to the right that they can be tone deaf about working class Americans. And Wilbur Ross did it and it wasn't just Wilbur Ross. Yesterday. An individual named Laura Trump. Happened to open her mouth as well. She I mean, she's married to Eric. And. I mean, I just had to say this is how the French revolution happen, folks. You stupid little people. She was on the view. Wait was she on the view? Now. Where was she on? Where was she now that they were making fun of review where.

Wilbur Ross Laura Trump Hillary Clinton Ahrends CNBC Bernie Eric
"wilbur ross" Discussed on Why Is This Happening? with Chris Hayes

Why Is This Happening? with Chris Hayes

04:02 min | 3 years ago

"wilbur ross" Discussed on Why Is This Happening? with Chris Hayes

"So if your community gets undercounted, right, you're not going to necessarily see your fair share of the resources that your communities. I mean, you can imagine a school school district. That's getting federal funding that has a lot of transient kids, right, right or kids, whose parents are not documented, right? Who are scared about answering a census question and that school and that school district is not going to get its proper share funding. And that's the kind of school district. We think about in our heads it probably needs it a lot. Exactly. All right. So we're gonna have. A twenty twenty census, right? Tell me about which department of the federal government runs. The twenty twenty s the census bureau is located within the department of commerce, which by the way is a crazy Schwarz's board. If you ever get into the sort of drill down into federal agencies, the con commerce up there is more like a phrase, easiest in terms of all the things that are in there, all sorts of crazy. Stuff's in commerce. Yeah. You know, international trade issues or something I guess handled out of commerce largely in addition to state, right? So commerce's in there and the head of commerce is Wilbur Ross. Okay. I don't even know the chronology. So when does it come to be a public thing that they are considering adding a new question to the census in December of two thousand seventeen the department of Justice sent a letter to the census bureau requesting that the census include a question on citizenship in twenty twenty and the purported reason, the department of Justice says is that we need more accurate data on the number of citizens. There are. At a very granular level of geography, basically blocked by block for purposes of enforcing the federal Voting Rights Act. Why? Well. That's that's complicated. But I think the first thing is, you know, what's implicit in. Your question is they've never had this since the Voting Rights Act existed in nineteen you know, since it's been enforced since nineteen sixty five citizenship has never been a question. That's on the census that sent to every household in America to the extent DOJ's needed citizenship info. And it does they've used sample surveys in order to get that data. Now, the reason they needed is under some circumstances. The Voting Rights Act requires the drawing of districts that are going to give minority voters particularly African American and Hispanic voters an opportunity to elect candidates from their own communities, and our majority minority districts, shorthand them, right? And you know, one way of assessing whether or not a district actually does that is if citizens within a district that is eligible voters citizens eighteen and over a majority of the of those people are either African American or Hispanic right because if. A district is fifty one percent African American in terms of its citizen voting age population than in feary African Americans ought to be able to elect their preferred candidates. So this kicks off the department of Justice sending a letter is that letter public in seventeen UK, and this is Jeff Sessions Justice department. Correct. Well known to be super super obsessively into Voting Rights Act. They haven't brought a single lawsuit under the Voting Rights Act since the start of the Trump administration that right? Yeah. This is an outgrowth of conservative movement that has worked for years to bring suits challenging the Voting Rights Act and its conservatives, of course, a conservative court that gutted a big part of the Voting Rights Act in the infamous Shelby county decision. So there tends to be kind of two sides in American life. I don't think it's crazy to say that in terms of the two collisions which one is like really into enforcing the Voting Rights Act in which one is not. Yeah. So that itself is a little bit of a little bit of a like like this Justice department with this attorney general is like we need. To do this new thing because everyone over here in this shop is hopped up on making sure that we enforce the Voting Rights Act. And so you've gotta do this totally new thing you've never done before right Addison ship question. The census, right. Let's just be clear. What that means? It's door to door federal inquiry of the citizenship status of every member of every household in America..

department of Justice Justice department department of commerce America Wilbur Ross twenty twenty Addison Schwarz UK DOJ Shelby county attorney fifty one percent
"wilbur ross" Discussed on Left, Right & Center

Left, Right & Center

04:26 min | 3 years ago

"wilbur ross" Discussed on Left, Right & Center

"This billionaire named people teeter so called billionaire is in a a lot of hot water right now with his company, and it just seems like there's this kind of devil-may-care attitude among some of the men who surround themselves. Let's talk about one of those men commerce secretary Wilbur Ross, and Scott Pruitt gone Ross is arguably the most scandal prone cabinet member left, but his scandals have been a lot less hilarious and more complicated than Scott Pruitt's cylinder. I'm going to count on you to make this interesting. And concise as possible. The main scandal seems to be that we learned three leak of offshore banking records that Wilbur Ross continued well into his tenure as commerce, secretary to own steaks and a variety of global businesses that were directly affected by the policies. He was making. He owned a stake in navigator holdings, which is a Russian shipping company linked to allies of Latimer Putin. And then there are other assets that he technically doesn't own any more, but they're in a trust that benefits is relative. So you know, he's still retains an economic interest in them. That includes a major manufacturer of auto parts that's going to be heavily impacted by the decisions that Trump makes about auto and auto-parts tariffs which will be recommended by Wilbur Ross. Linda, I feel like when when Ross was confirmed didn't didn't. He make this big show about how he was divest his financial assets that he can do his job without exactly these sorts of conflicts that we've now learned has. It was a love fest. There were democratic senators who are, you know, congratulating him on being so open and honest. And I think that one of the actual scandals that got lost this week was at two days ago, broths set. Pulled a a lawsuit from one of his ex partners and that he settled because a judge was about to rule that he might have to produce documents about his the financial documents that he handed to the Senate. He did not include this lawsuit in his in his disclosures to the US government. So there's something about his issues with this partner. This nine million dollar lawsuit that was settled for an undisclosed amount that really made Ross nervous. He did not want to appear in court. He did not want to have those documents Cepeda and we know that he's a liar. He has been lying about his wealth to Forbes magazine for as long as there's been a billionaire list. We figured that out when people were like, hey, you said you're only about where two hundred and fifty million dollars in these documents to the government. Are you lying to the government and or Forbes magazine? And he said, whoops, I'm lying to Forbes. He has this amazing Mr. Magoo. Of exp-, you know, being like, oh, it was who was just just silly little mistake or then using financial vocabulary to explain things in a confusing way. So that people think you know, oh, that sound that sounds right. I guess I don't know. And, and frankly, all it is is is a way to confuse an office gate. I also like to add that one time we'll be Ross burp and my face during a conversation. He did not stopping excuse himself. He did not pause. He just went acted like it didn't happen. Well, now it's time for tweet to the week. Sometimes it only takes one hundred forty characters or maybe two hundred and eighty two. Still the spirit of the week, Liz brunette. What's your tweet of the week? Okay. This Rudy Giuliani, he goes, there is a moron on FOX claiming I chain smoke cigarettes worrying about the president's tweets. I don't smoke cigarettes hate me smoke only premium cigars. And I hope this idiot is not a lawyer because if he is he should sue his loss. Cool. He's off that. Can you talk that. I'm going to rich Lowry, poetry, and your top that I'm gonna go with the bench appear. Oh, aforementioned Akhazia Cortez dispute over debate challenge Shapiro challenged her to debate socialism. She reject this challenge and compared it to cat calling and bench. Pirro tweeted back cat calling must mean something very different in queens. Yikes. What's your tweet of the week? My tweeted the week as from Elon Musk, considering taking tesla Platt private at four, twenty share funding secured well two days later, and it doesn't seem like Ilan has funding secured by anyone. It would be the largest leverage buyout in history at about one hundred billion dollars, and it's unclear who has that kind of firepower..

Wilbur Ross Forbes magazine Forbes Scott Pruitt Mr. Magoo Latimer Putin US secretary Elon Musk FOX cabinet member rich Lowry Trump Akhazia Cortez Pirro Senate navigator holdings Linda Rudy Giuliani
"wilbur ross" Discussed on The Last Word with Lawrence O'Donnell

The Last Word with Lawrence O'Donnell

04:19 min | 3 years ago

"wilbur ross" Discussed on The Last Word with Lawrence O'Donnell

"And I have to say being familiar with Wilbur Ross's business and his business history. I have been waiting since he was nominated to be the secretary of commerce for the dam to break on the multiple very swampy involvements and business history of Wilbur Ross. And you seem to have done it with these interviews and the pattern of business he engaged in before becoming secretary and what he's done since becoming secretary. Yeah, you know, there's a lot of rich guys who get sued for various things, but not like this, not by so many former partners by so many investors to have such consistent allegations and to have it all add up to such a significant amount of money. I mean, one hundred twenty three million dollars is a huge sum for anyone including Wilbur Ross, and Dan just take us through what he was supposed to do in terms of what he. He said he would do with his finances when becoming a commerce secretary and what he actually didn't do. Sure. So like all public officials, Wilbur Ross made agreements before he took office that he would divest the majority of his holdings and in November of last year, he certified that he in fact had done that on a sworn statement when in fact, he had not done that. And instead he's still own more than ten million dollars of stock in the parent company of his former private equity fund company called. Invesco that he didn't sell until about a month and a half after that. And he'll still held stock in an air leasing company that he held onto for more than a year after he was supposed to and he'd shorted a company that he said that he thought that he had an interest in. So he was taking a short to cancel out that interest. But in fact, he didn't have an interest in the short wasn't necessary. All of this stuff he said was a result of simple mistakes, but it's hard to believe that one of the most sophisticated investors in the country would make so many large mistakes at so many different companies, Tim O'Brien, how could this have gone wrong for Donald Trump? He told his audience, you don't want four people doing this kind of work. You want rich guys doing this kind of work. You want rich guys in congress who can't be corrupted like Chris Collins, you want rich guys in the cabinet like Wilbur Ross, right Lawrence. And so what we've learned is that Trump did not drain the swamp. He just filled it with bigger alligators and Dan's great. Reporting, which I admire so much as really exposed just around the fact pattern. Everything that's untored about real Barastas holdings. Wally serving as the commerce secretary, and there's been a lot of really great reporting in addition to dance around this, and the list is almost so long. It would be impossible to get through it in this program in addition to the stuff that Dan is already pointed out. Ross was negotiating trade agreements with China during a time when he owned a company that was exporting natural gas to China. He had another a shipping company that was doing business in China and was partially owned by the Chinese government while he's overseeing trade policy with China. He has another company exporting steel from South Korea at the same time that the Trump administration is imposing steel tariffs on some of our competitors, but giving South Korean exemption. All of this stuff is it just smells and it's amazing. It's taken this long for it to come to a head. Dan, how long have you been working on the Wilbur Ross story? Well, there have been many Wilbur Ross stories, but I, I started covering him about a year ago when we were looking to see how much money he was worth. And that was when we uncovered that. Although he'd been claiming to us for years that he had billions of dollars. He in fact, did not. And once you figured that out. Then sort of all this other stuff. So I run Raveling and there's one investor told me. I said, once you figure out that the guy is essentially for lack of a better word of fraud, you figure out that anything that he says really isn't quite correct. Tim O'Brien quickly take us inside the head of Donald Trump tonight. He's watching Chris Collins charged with these crimes along with his son. Does he see the possible mirror of Donald Trump and Donald Trump?.

Wilbur Ross Donald Trump Dan Tim O'Brien secretary China Chris Collins Barastas holdings fraud Raveling South Korea Wally congress Lawrence Chinese government one hundred twenty three milli ten million dollars
"wilbur ross" Discussed on The Andrew Klavan Show

The Andrew Klavan Show

04:27 min | 3 years ago

"wilbur ross" Discussed on The Andrew Klavan Show

"Trade and services chemicals, pharmaceuticals, medical products, as well as soybeans. Soy beans, the big deal, and the European Union is going to start almost immediately to buy a lot of soybeans, tremendous market by a lot of soybeans from our farmers in the midwest primarily. So I thank you for that. John slowed. This will open markets for farmers and workers increase investment and lead to greater prosperity in both the United States and the European Union. It will also make trade fairer and more reciprocal. My favorite word reciprocal. Reciprocal because you know what's happening here. And by the way, he's emphasizing the soybeans because the farmers are really suffering because the Chinese are striking back against the tariffs that we've that Trump imposed on them. The Chinese are striking back against the farmers and the Chinese. They're no dummies. They know where his supporters are and they're going after his supporters. But what's happening here is after World War Two. I mean, that's how far back this is going after World War Two. The world was in ruins except for us. The repeal in Union Japan ashes gone, right. And so when you talk about the fifties and how prosperous we were one of the reasons we were so prosperous here. Elizabeth Warren heard her saying the other day we used to have these high taxes and that was our most prosperous time. Yep, because all the competition had been leveled to dust. I mean, when I say that, I mean literally to dust their civilizations were gone, and so you're not competing with Germany because journey an ashes, you're not competing with Britain because they're putting themselves back. The other way we went. And made them brought them back. We wanted a world that was a working world went back and rebuilt. Japan. We rebuild Germany, we and we did it partially with the lent lonely things where we gave them the Marshall plan where we helped them out. But the other thing we did was we gave them big breaks on trade and they're still in place. An all Trump is doing saying, you know what? World War Two is kind of over. You know, it's like it's been a while. It's been a couple of days since World War Two ended. It's time to reduce the stuff. So yesterday, Bret Baier had Wilbur Ross, the commerce secretary. He's obviously the guy in charge of this on and he explained why this deal, even though it's just an agreement to talk, it isn't agreement to get to a certain place. And Wilbur Ross explains why this is a big deal. This is the first one to cut one. I think there's several very significant aspects though. No preconditions to the negotiations, no requirement that we drop any of the two thirty. Two tariffs just to get talks. To going as you know that had been an original, he you request that came very prepared to do business. We came prepared to do business, and I think this really breaks the ground because it has Nell set the parameters. Everything is on the table here I'm talking zero tariffs, possibly right. President made clear at the g seven. Although as you remember, nobody paid any attention that his endgame is zero tariffs, zero non-trade, non-tariff trade barriers, zero subsidies, and zero barriers to our market access. So for big zeros that so that's that's a big deal. You know, that's that's what they're winnings. When you come to the table without conditions, he come to the table looking for these zero tariffs and and Ross points out there that this is what Trump said. He said, this is the deal I want. And when they cover Trump, they do not pay attention to this and we'll. Get into this incredible conflict that Mike Pompeo had with the Senate yesterday, just just saying to them, you, you keep paying attention to Trump things Trump says in the midst of negotiation, but you're not paying attention to where he wants to go and what the policies reflect what they say and their senators. Keep saying we'll play some of those. It's amazing audio. The senators can say, well, he said this and he's this pump keep saying, Yup. And his policies say this. I just wanna play one more cutter. Wilbur Ross. I know it's a little bit in the deep weeds, but I did ask this question yesterday. Why when Trump says I am buying time with, for instance, bailing out the farmers. I said, well, why doesn't China just say, oh, well, we can outweigh wait him. We can outweighed him..

Wilbur Ross Trump Japan European Union Germany John midwest United States Mike Pompeo Elizabeth Warren Bret Baier President Nell China Britain Senate
"wilbur ross" Discussed on MSNBC Rachel Maddow (audio)

MSNBC Rachel Maddow (audio)

02:01 min | 3 years ago

"wilbur ross" Discussed on MSNBC Rachel Maddow (audio)

"Also interested in really knowing why he left and what the consequences are of him leaving and how nuts this whole process has been in the white house joining us now with someone who knows stephanie rule she's the host of msnbc live with stephanie rule chairs every day at nine am eastern stephanie you know more about this than everybody else i know i know some and president trump who loves to say i and i alone is going to have to look at the stock market because dow futures are now down four hundred and that is because gary cohn his economic advisor has said sioeng are now after he got taxes done so early january gary said to the president and general kelly i got time on my hands i came to do taxes i'm done give me more he was i could he do something it's state could he do something a cabinet level position maybe and trump said have infrastructure gary said giddy guinnea infrastructure have you heard them talk about infrastructure his gary rolled out a plan no infrastucture weak is they'll punchline correct yes no because we are dealing with the president of on first errors who gets distracted or change the narrative and says let's look at dhaka and he keeps changing the narrative when russia gets closer and closer and of course things that we change the narrative because we were looking at the gun control issue but last week sort of wilbur ross's coup d'etat on policy wilbur ross and peter navarro and river you've reported it wilbur ross is a guy who has been falling asleep in meetings for months peter navarro could not get a job inside goldman sachs in the mail room he's in a widely accepted economists wilbur ross rocks up to the president you wanna war let's go for a trade war have china in the issue isn't policy for gary cohn it's process so gary's not surprised that president trump has a nationalist agenda he was elected on one but gary has repeatedly said america first doesn't have to be america alone but the president led wednesday and thursday with this cockamamie.

russia peter navarro stephanie america trump china goldman sachs wilbur ross white house dhaka kelly president sioeng advisor gary cohn msnbc
"wilbur ross" Discussed on Fresh Air

Fresh Air

02:20 min | 4 years ago

"wilbur ross" Discussed on Fresh Air

"I it seems like a pretty disastrous piece of real estate acquisition but one that massively enrich trump now his press guy says nothing to see his who's a reasonable investments you guys or conspiracy theorists but it's it's price range so removal of the oligarchy we're talking about is connected to president trump's secretary of commerce wilbur ross and they're connected through the bank of cyprus so bank of cyprus's apparently bank known for enabling money laundering is that accurate yahya that's accurate and so wilbur ross in 2014 became this bank's chief shareholder and rebuttal of owns ten percent of that bank less nobody'd it okay so what's tell us about the connection between were above love and wilbur ross so cyprus is is a kind of mediterranean island that is a kind of major offshore node both in this story and and other russia stories essentially any selfrespecting all the gawk doesn't keep his money inside russia but offshores it and cyprus is the most logical destination one of the people who did this was for me to reveal of left the rational ago people terms mansion he got sipri citizenship along the way but what were the story gets interesting is one of his sort of investment partners in in the bank of cyprus was wilbur ross the future coma secretary and again people of a says he doesn't i ross that there's nothing nothing but a special guy on here pop and the fact that one of the other shall this is a former kgb guy and this is the thing with the kind of trump russia's story that wherever you look over the people in trump's government especially in its early stages have a kind of russia connection i mean it's obviously trump did the picking but it's almost as if putin had the last word because we've got wilbur ross who is what is the bank of cyprus renowned i was doing business vare shipping company with vladimir putin soninlaw we have michael flynn who whose was a wellknown but clearly was taking money from russia today the kremlin propaganda channel and other russian interests not declaring it them have rex tillerson i mean he he was a famous oil guy i i used to write about him in moscow and he got this order of friendship from vladimir putin sort of sky blue ribbon pinned to his chest and he.

trump wilbur ross money laundering yahya mediterranean island russia secretary michael flynn moscow real estate president bank of cyprus kgb vladimir putin kremlin ten percent
"wilbur ross" Discussed on MSNBC Rachel Maddow (audio)

MSNBC Rachel Maddow (audio)

01:32 min | 4 years ago

"wilbur ross" Discussed on MSNBC Rachel Maddow (audio)

"But now thanks to the paradise papers reporting we've learned that wilbur ross's financial ties to russian oligarchs aren't only through sipri it banks and they're not only things in his past wilbur ross was actually praised by some ethics watchdogs when he announced that he would be divesting himself from dozens of business partnerships and investments so as to avoid conflicts of interest in his new role as commerce secretary since nn though it's emerge that wilbur ross maintained billion literally billions of dollars in assets that he never disclosed to anybody when he was being confirmed for commerce secretary and it's now been disclosed that among the holdings he chose to retain even as he dropped all the other ones among the holdings he chose to retain when he joined the cabinet was a significant interest in a firm called navigator and the way navigator makes money is because it has exclusive business deals with russian oligarch linked to vladimir putin who was one of the first russian businessmen to be sanctioned by the us after russia invaded ukraine also another russian oligarch linked to putin who runs russia's largest private natural gas company which has also been sanctioned by the us because of its links to putin and putin's invasion of ukraine and the other notable shareholder in that firm that that that right this second as we speak continues to enrich our serving secretary of commerce the other notable shareholder in that firm is this handsome fellow his name is curiel shalvalov his vladimir putin's soninlaw.

wilbur ross commerce secretary us ukraine vladimir putin natural gas
"wilbur ross" Discussed on The Lead with Jake Tapper

The Lead with Jake Tapper

01:31 min | 4 years ago

"wilbur ross" Discussed on The Lead with Jake Tapper

"I can tell you from research i've seen one of the few things even the most ardent trump supporters don't like this which we're talking about when they learn that wall street bankers are actually running his economic policy they don't like it it's one of the few things that that decouples those trump supporters from him it's not just that wilbur ross's commerce sector is a billionaire it's that the notion that wall street which he attacked in the campaign is in charge and they've there to goldman sachs that's very talented people secretary mnuchin who had just joked about gary cohn chairman the national economic council straight out of goldman sachs they're able people but his base doesn't like that at all this could tcs them that right they could they can focus on this because it's such a pop culture story one of the things that's interesting about the bannon departure also is a bannon was actually privately talking about there being an a raise in taxes on the wealthiest i think people who made more than five million dollars a year that was slapped down by a lot of republicans but at one wonders if the what the what the breitbart folks call globalists' but if that uh if if if as you point out if if more and more of the president's base seize miss this woman as it exemplifying what's really going on in the trump white house and that the tax reform policy comes out from the house in the senate and it actually favours wealthy people who knows what will happen that's a great question and one thing that we were kind of talking about earlier as whether or not the present that will come to this woman's defence she's someone who is married to a top cabinet official she is kind of being pilloried in the.

wilbur ross mnuchin chairman national economic council goldman sachs president white house senate official secretary gary cohn bannon breitbart five million dollars