tv After the Bell FOX Business January 18, 2021 4:00pm-5:00pm EST
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liz: okay. >> had enarmstrong is a stock that we're very bullish on. it is a, in the green bond space and we're very focused at access invests on marrying esg with fixed income. liz: right. >> because -- for the time. liz: we've got to run. even though the markets are not open, we filled this hour, greg, thank you very much. that will do it for "the claman countdown." markets back up and running. we'll see you tomorrow. time for connell mcshane. connell: all right. liz, thank you. it's a week that will usher in a new era in american politics. joe biden is set to take the oath of office discuss two days from now. the president-elect is planning major policy changes. we'll break that down for what might mean for you and your family and money as nation's capital is on high alert. i'm connell mcshane.
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with the market closed for the martin luther king holiday. we have a lot of numbers to get to. it is time for the news that is happening at this hour. our fox team coverage hillary vaughn is on capitol hill. rich edson reporting from washington. cheryl casone an susan li in the new york newsroom. with the look at the inauguration security buildup i referenced let's start with rich. good afternoon. reporter: good afternoon, connell, and it is a massive and growing security presence here in washington, d.c. the national guard says some 21,000 members are already here with thousands more on the way. defense officials say they are also examining those national guard members to look out for any type of insider security threat. >> so in an abundance of caution we are definitely, we want to make sure that we have the right people in this security bubble. and we have the time and ant to
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do it. reporter: acting defense secretary chris miller adds, quote, while we have no intelligence indicating an insider threat we are leaving no stone unturned in securing the capital. police made a handful of arrests at security checkpoints around the capital. a 22-year-old carrying a pistol without a license. another friday when capitol police said they had a driver with a handgun and ammunition. the driver was working in security in d.c. he was rushing to work he says, forgot he had his firearm in his truck. home land security are concerned about threats in the nation's capital, though much of the focus is on state capitals around the country. state governors, according to the national guard have activated more than 33,000 members. the national guard says that includes both security missions they're on like here in the capital of washington, d.c., and covid missions they're focused on.
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connell, back to you. connell: rich, thank you. rich edson live in washington. to policy now. joe biden is planning a 10 day executive order blitz once he does take office. we're talking about everything from climate policy to mask mandates. hillary vaughn is live on the latest what we can expect. reporter: connell, we're getting actually a pretty detailed timeline of what executive orders are going to be signed on what days. president-elect biden is planning over a dozen executive actions over the course of his 10 days. a lot of them relating to reversing president trump's policies and reviving the economy. >> we need to act. we need to act quickly. that is what the economy is telling us. that is what the experts are telling us. that is our priority. reporter: what is in the fine print of these executive orders are going to be what businesses are keeping an eye on to figure out what impact it will have on their bottom line. biden will sign an executive order to establish national public health standards across the board for businesses to try
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to help get them back even. that coboost consumer confidence. the order will include more testing to make it easier for businesses to operate safely, get their workers tested and give customers a peace of mind. he will also sign a buy america initiative that is good news for some u.s. manufacturers that might benefit from a boost in federal contracts with their goods but manufacturers are also keeping an eye on executive actions on climate change a return to stricter regulation impact them. biden will issue a executive order canceling the controversial keystone pipeline permit stopping 800,000 barrels a day from can dad to nebraska. that would be a gut punch to the industry and estimated 20,000 jobs expected to go along with that pipeline. executive action might have more ability to burden business than boost the economy. one of biden's chief economic advisors saying this about it,
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congress holds the purse strings. there is often resources embedded in the eos, administrative tweaks, but not the kind of firepower you need for a robust package, that needs speed, competition, size, criteria. biden is hoping that congress will give imthe firepower passing the $1.9 trillion rescue package. the devil, is in the details. some of those details could be devastating to businesses. including raising the federal minimum wage to $15 an hour that could almost double the cost of some small business payroll at a time they really can't afford it. so the payoff may not make up for what the burden is of policies like that in that package. connell? connell: hillary vaughn for us live on capitol hill. we'll talk with dan hen 10 anyonefer from the "wall street journal" maybe we can start with hillary's point. more burden, cost on businesses. timing wouldn't be right, dan.
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in earlier reports she mentioned the goal from some executive orders to get businesses to reopen and get the economy going again. overall what do you think the impact will be the first 10 days policy wise from the flue president? >> some of these policies are certainly, have the potential to be oppressive like 15-dollar federal minimum wage, disincentivizing people from working. closing of keystone pipeline. hillary vaughn said that could put 20,000 people out of work. those climate policies in general could also cause a lot of unemployment. in his presidential campaign joe biden said repeatedly he would do this but many of these people could find employment in high-paying jobs, building solar panels and charging stations across the interstate highway. they're going to lose their jobs in the next six months. they are not going to get jobs creating solar panels in the meantime or in the next several
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years. so yeah, i think they will be some real suppress sieve effects here. the biden economic theory seems to be that if you do enough federal spending almost keynesian spending on steroids that you can stimulate enough demand to overcome any of these downside effects. i think that's wrong but that is clearly what they intend to do is, spend trillions of dollars to try to put money directly into people's pockets and make up for any of the unemployment that his policies create. connell: a lot of that came early in 2009, in early parts of the obama minute station when hundreds of billions of dollars was spent. there seemed to be thinking among members of that administration it wasn't enough. the exact opposite point of what you're making. seems like they try to make up for that, no, no, we'll not let that happen again. if anything we spend too much. with he rather make a mistake in
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that direction? >> yeah. immediate challenge is what is going on in the economy as a result of the pandemic. joe biden sometimes makes it sound as though we're in the middle of a depression. we are not. the economy has been suffering but the economy is getting ready to rebound and he talks about you know, getting cooperation from senate republicans in passing this spending. the republicans are on record as saying they are in favor of targeted spending at people suffering the most directly from the pandemic. but this is no way he can get the republican party to sign on to this outsized open-ended spending into megatrillions of dollars. they will miss that, have to pass things entirely with only democratic support. presumably that is not what he promised. he not what he is going to say on the inaugural speech on wednesday. but that will be reality if they
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insist on trying to spend this much money. they will have to do it alone. connell: might be the end result of it, you're right. he could probably get, i've seen some analysis we talked about last week, maybe half what he wants either through executive order or reconciliation process which only requires 51 votes in congress. how about wednesday? rich edson was talking about the security buildup. everybody is on edge for good reason in washington, d.c., what are your thoughts on the president-elect still pushing forward even though there won't be people attending a outdoor inauguration, an address outdoors, maybe time to do it virtually, you think there is an important statement to send we do this the way we've always done it or at least as close to that as we can this year? >> i'm very conflicted on this, connell. the question is, what statement is the united states sending exactly? you know we try not to get into business of second-guessing
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security officials but what is going on in washington now, these images are extraordinarily disturbing. 25,000 national guard, fences set up, barbed wire. you know it kind of looks like a medieval city pulling up the drawbridges and building a moat around it. overseas people must wonder whether the united states is coming apart at the seams if this is what they have to do to protect the nation's capital, in my mind raises the question what exactly is the threat against? if these far right militias pose a threat of this significance why haven't we done something about this before this? why aren't people called into question? i realize all this raises first amendment issues but nonetheless if that threat is near requiring the kind of forces that we're seeing put in place in washington to the point of even
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questioning the integrity of national guardsmen, i think we've got to pay a little more attention to exactly why we have doing this? we can't do it now. it will go forward. the inauguration will come off but still in retrospect it is a very, very disturbing set of images we're seeing in washington right now. the question is why? connell: it sure is. i think of that extra vetting of the national guard caught a lot of people's attention. thank you, dan heninger with us today. struggling to find its way back the website for the social media platform parler is coming back on line in a limited capacity and with a note from its ceo saying the site will be fully restored in the next 12 months. its mobile app, parler's mobile app remains blocked by google and apple. susan li joins us with all the details. susan. reporter: parler is not exactly online just yet but go to
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parler.com you have a message from the parler ceo. hello world, is this thing on? that is better than the error messages users were getting in the past week after deplatform off amazon's cloud and all three removing parler with less than 24 hours notice according to its ceo. >> we looked at the incitement to violence that was on there and we don't consider that free speech and incitement to violence has an intersection? >> they never said publicly anywhere as far as i'm aware there was any problems with our terms of service and free speech. reporter: parler's ceo said they could be back online by the end of this month, even earlier than the 12 months you mentioned. they're looking for another website hosting provider. they registered the domain name with fpic which hosts other sites like gab. parler is waiting ruling on lawsuit against amazon for breach of contract around antitrust.
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they are remaining defiant. we'll resolve any challenge for us. plans to welcome you all back soon. we will not let civil discourse perish. we have 15 million users at last count of parler. that is a big group that wants to see it back online hopefully soon. connell? connell: thank you, susan li. continue to follow that story for us. now in the meantime the nation's first county to top one million cases when it comes to the coronavirus. we'll talk about that coming up as california calls for a pause in use of a huge batch of moderna vaccines just because of of allergic reactions. we have the latest on the virus rollout coming up later this hour. one small business hit especially hard about it pandemic among a group nationwide now getting a much-needed lifeline. stay tuned for that story. new insights into the benefits of covid lockdowns that might not be worth the economic damage. this is grady trimble. you have that story, right,
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grady? >> connell. businesses are adapting to the restrictive measures a new study says all out lockdowns might not work. we'll look into that coming up. metastatic breast cancer is relentless, but i'm relentless every day. and having more days is possible with verzenio, proven to help you live significantly longer when taken with fulvestrant. verzenio + fulvestrant is for women with hr+, her2- metastatic breast cancer that has progressed after hormone therapy. diarrhea is common, may be severe, or cause dehydration or infection. at the first sign, call your doctor, start an anti-diarrheal, and drink fluids. before taking verzenio, tell your doctor about any fever, chills, or other signs of infection. verzenio may cause low white blood cell counts, which may cause serious infection that can lead to death. life-threatening lung inflammation can occur. tell your doctor about any new or worsening trouble breathing, cough, or chest pain. serious liver problems can happen. symptoms include fatigue, appetite loss, stomach pain, and bleeding or bruising.
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♪. connell: nearly one year since the coronavirus was first detected in the united states. the country now surpassing 24 million cases the death toll is nearing 400,000. to put that in many some kind of a perspective, the figure is more than the number of american soldiers who died during world war i, world war ii and the vietnam war combined. the virus surging across the united states. california the first state to hit 3 million cases. los angeles, the first county in the nation to top one million. it is a number only four states other than california have exceeded so far. in arizona there is new data revealing the state has the highest covid infection rate in the country. in virginia, they reported the highest two days of new cases since the pandemic began. with that more than 12 million americans now have received the first dose of a vaccine according to the cdc. dr. fauci says new cases or new vaccines from johnson & johnson and astrazeneca could be ready for approval within the next few
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weeks. so with that president-elect biden, his vaccine rollout plans, how the states are preparing for them, let's bring in edward lawrence. he has been reporting on that from washington. edward. reporter: senior biden administration officials tell me they want to build a national vaccine system from the ground up. officials tell me that the new administration wants to hire 100,000 public health safety workers to help facilitate vaccinations as well as do contact tracing. so right now the head of "operation warp speed" says they're on pace to distribute 200 million vaccine doses between pfizer and moderna vaccines by the end of march. that will be roughly enough to vaccinate 100 million americans, the same promise that president-elect biden made last month. now show far "operation warp speed" has delivered 31.2 million doses to states but only 12.3 million shots have been given. that is about 40%. the logjam is at the state level. >> the approach we had taken was
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that the states will actually manage that step. we haven't had feedback that they were challenges as we were discussing. now there are challenges. i think the right thing to do is listen to them, learn from them and support them. reporter: but the new biden administration wants to redo that relationship all together because millions of doses are sitting in freezers. health and human services secretary alex azar says that we have to stop playing politics. >> i just wish we could act more like whether democrat or republican, we're in this together, working together. it is not a place to score political points. the probably my biggest regret how quickly it became point scoring between the parties instead of all just rowing together for the good of the american people. reporter: one thing is for sure, connell, the majority of americans are waiting for this vaccine. back to you. connell: still are, you're right about that edward lawrence live from washington. that is the health side of things. a look now how truly effective
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lockdowns are in dealing all of this. there is a new study showing the economic impact. grady trimble joins us from chicago with the details on that. reporter: connell it is worth noting there are some studies that suggest lockdowns do work controlling virus, but this particular study in the european journal of investigation says if you wear a mask and social distance that can be just as effective of controlling the virus without the economic repercussions or at least not the extent of them. here is a quote from the new study. we do not question the role of all public health interventions or coordinated communications about the epidemic but we fail to find additional benefit of stay at home orders and business closures. speaking of closures, we're at gene and gerogetti steakhouse. they are closed as much of illinois for indoor dining. they brought the inside outside with the ventilated seating
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area. the owner michelle, you need dining back despite you see people out there. >> absolutely. this is 24 seats. we have 220 inside. this is not enough volume to sustain the business. reporter: for months indoor dining was closed here. this is not a short thing. maybe since november. >> it has been since november. reporter: you can't really withstand that for this long. you put a lot of money into these outdoor seating options at a time you're not making as much. >> absolutely. in order to stay alive. then reality of additional debt and additional risk when so much is risky. it is hard. it's a lot. reporter: what does the future look like for you guys? there is talk, mayor of chicago was pushing for reopening of indoor dining. the governor said no. what is next. >> we remain hopeful and cautiously optimistic. we've been here 80 years and give our employees jobs and our customers a place to come that they love. we'll keep keeping on. we'll follow every guideline and adhere as much as we can to
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public health and safety and just keep going. reporter: connell, we should note there are some restaurants in closed areas. they are not supposed to have indoor dining but they are doing it. that hurts business businesses like this one following the rules. connell: right exactly, for better or worse are following things. important perspective on things. grady trimble out in chicago. in an effort to protect against a new variants of the virus the united kingdom is tightening its borders, travel corridors, all routes that did not require self isolation they will be suspended until at least february 15th. all visitors must show proof of a negative test within 72 hours of travel and quarantine for 10 days in the uk. we'll be back. fo r colon cancer? because when caught in early stages, it's more treatable. i'm cologuard. i'm noninvasive and detect altered dna in your stool
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minority-owned small businesses we want to tell you about right now, for example, the family run, makeda butter cookies located in downtown memphis, is receiving a lifeline as the coronavirus pandemic rages across the country. we're joined by the manager of makeda's. what we understand, everybody has been saying this, we've been able to read it, cookies are spectacular, we know that, but the business like so many, right, has been hit hard. i want to talk about this lifeline i mentioned. but i want you to tell us your story first. when the pandemic began, what happened? did business fall off? what was it like in the spring? >> well it didn't, it didn't really necessarily fall off too terrible in the springtime. we do have cookies in the stores here, the grocery stores here in memphis, tennessee. so we did have that to kind of save us but but considering the
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tourism here downtown, that stopped drastically. they had to put a hold on that. a lot of people just stopped coming. so the, the traffic here in the store, now that did change. that changed like 75% of our business went down in the, inside the store. connell: okay. yeah, that makes sense. from what i understand it's a big, if you're going to memphis to visit, this is a place you stop with your family, get a few cookie. >> right. connell: that kind of thing hasn't been happening in any kind of city across the country this year. >> right. connell: this program, called, comcast rise, what i was referring to at the top apparently was created to help minority owned businesses get funding. you found yourself in that position, you applied, how did it all work out? >> i will say my sister, tamera herd in charge of our marketing and promotion, saw comcast rise contest and she put us in.
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she saw that we needed this lifeline really bad. it was something that we, we are so, so, we're thankful forwe're thankful for comcast coming to save us. it has been an amazing journey so far and i will say that it has been a struggle for my parents. they have worked very hard, 21 years, we're been in business for 21 years. when comcast heard our story, they decided to make us part of, part of their programs we were so excited to get that information. we just excited. we can't wait to get started. connell: i'm sure that makes sense. so that gives you, kind of holds you over maybe until the tourists come back? how do you expect to it work? did you get other loans with the ppp and everything offered by the government on top of this? >> my parents did apply for the ppp loan. it did help tremendously. we are thankful for that loan as
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well. and as well as the you know, like i said comcast coming to our rescue is awesome too. the pandemic has hit us extremely hard but we are blessed. we're currently blessed and my parents have extreme faith that you know we're going to make it through all of this. we're going to overcome it. we really just appreciate all the customers and the people that have, you know, still been able to even, you know, order online like they have been doing and, they really have been he will helping us as as well. it is hard to buy anything these days with the economy and people losing their jobs. the fact woe still have customers that still come out and they still want to show us love and support us, because they don't want us to go anywhere obviously. we are comfort food to a lot of people so to get rid of cookies would really hit everybody hard, you know? so we're really, appreciative of
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the customers that are still coming to us. they will spend two or three dollars. we couldn't be more thankful for that. we really couldn't. thank you guys so much. connell: that is, you know it is funny, i was thinking when you were saying you sell them online, this is more after selfish question but is that for local people, do you deliver, do they deliver to new york? >> yes, sir. we deliver all over the world, makeda cookies.com. connell: there you go. >> try our delicious cookies, we'll send them out to you. connell: what are the top three or best-selling cookies at makeda's? >> our best cookies, number one seller is the butter cookie, takes everybody back to grade school. our butter cookie is the number one seller. we have chocolate chip, that is second seller.
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chick late chip pecan. that is my sister's favorite. my mother's favorite is the oatmeal raisin. she loves oatmeal raisin. that is our third seller. we have 13 different flavors. you see them all online. we ship them anywhere. when you guys are ready we'll bring them to you. connell: i'm sure a lot of people watching. thank you, raven for coming on. great to see a business able to fight through this you got a little help. you also were fighting for yourselves. congratulations on that. i hope you keep going. all the best, okay? >> thank you so much. thanks for having me. we appreciate you guys. you guys be safe, okay? connell: you too. raven winton, makeda butter cookies in memphis. a first for massachusetts. the home of the new england patriots is usually quite busy with the playoffs this time of year. not this year though. they have entirely different
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reason. we'll have the story from gillette stadium in a few minutes. plus there are new challenges for small businesses in the nation's capital just hours before president-elect joe biden's inauguration. it is really tough for a lot of these businesses. eight months after its failed attempt, richard branson's rocket company, virgin orbit it successfully blasted off the first 10 mini satellites into space with an unconventional launch system, with a rocket fired from the wing of a converted boeing 737 jet. they nicknamed it cosmic girl. we'll be back there are many names for enthusiast. but there's only one way to become one... by going all in. the new lexus is. with a lower center of gravity, a more responsive suspension, and an aggressive wider stance. this is what we call going all in on the sport sedan.
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connell: "after the bell" headlines, bouncing back at a record level even during the global pandemic. china officially reported the gdp grew at 2.3% clip for the year 2020, with the last quarter jumping at a pace of 6 1/2%. if you believe the numbers from china it makes it the only major country in the world to avoid a economic contraction last year. speaking of expanding the trump administration chip-makers to help huawei. intel and several other suppliers notified washington is revoking certain licenses to sell to the chinese company that the white house says pose as national security threat. looking ahead, president-elect joe biden's pick to the next
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treasury secretary janet yellen will have the senate confirmation hearing beginning tomorrow. the former federal reserve fair is expected to affirm the u.s. does not seek a weaker dollar for a competitive advantage. so the future of u.s. economic policy is indeed up for discussion at that hearing tomorrow. janet yellen will be answering all kinds of different questions from lawmakers. to help us read the tea leaves on all that, john taylor, hoover institution senior fellow of economics. great to have you on. we could start, it is getting a lot of attention over last couple days maybe "the wall street journal" story about it, but the dollar policy, the indication seems we're going back to the robert rubin days you get a boring answer from the treasury secretary on the dollar but how significant would it be if janet yellen goes down this road being suggested? >> i think it makes a lot of sense to go down this road if i understand it, rely on the markets to have a good, solid
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policy in the united states that speaks for kind of dollar we want whether you call it strong or not it is a good dollar. i think that is a policy that has worked in the past. certainly worked when i was in treasury in the early 2000s. i think it's a good policy to take going forward. connell: you think we'll see any kind of a major shift in economic policy pushed by janet yellen and if so what would that be? she is a fairly-known commodity for years of public service especially at the federal reserve. what do you think she will be in president biden's ear about? >> i think the context of her work at the fed is very important. she was chair, she was vice-chair. she was governor. she was president of the san francisco fed. she started on the staff. she had years of experience and what she did at the fed i think was important. she changed the fed into really a more rules-based policy
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apparatus. it was more transparent. unfortunately the pandemic and covid-19 has brought the fed off of that. i'm hopeful she will continue with this kind of predictable rules-based policy going forward. it is good for fiscal policy it is good for monetary policy. that is what you look from her record. admittedly this is the secretary of treasury, not chair of the fed. there is wide range of responsibility including the whole international security but we'll see. connell: yeah. china and other issues likely to come up which we may not know much about how janet yellen or what she thinks about that. we'll find out coming days on her hearing. on banking, the nomination, at least as far as i can ascertain has been fairly well-received among the wall street types in terms of who president-elect biden could have picked. they seemed relatively pleased with janet yellen. should they be? how hard do you think she will
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push on the regulation front? she pushed for a new dodd-frank as recently as last year. do you think she will push for more, more stringent banking regulation? what do you think the banks will get out of this? >> i think what is important is this treasury secretary promote the things that have worked and that are good in the current administration and go away from the ones that aren't. i think the tax reform which is of course treasury's responsibility has been very important. i think a lot of the regulatory stuff ththat's been useful. there is question about international trade, how that is going to work. but i would like to see that the new administration keep the the things that are working and moves in different directions where they're not. i think janet yellen's experience will enable her to put in a good word on that. again it is not just domestic policy or international policy as well. she will have a seat on the national security council. that is an important part of her job as well, is the integrate the economics issues through
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treasury with the defense and diplomacy issues through the defense department and state that is a very important part of the job of the treasury secretary. connell: no doubt. one of the biggest parts of that as i reference ad few minutes ago is relations between the united states and china. it seemed like during this trump administration that you know, the current occupant at the treasury department, steve mnuchin, didn't necessarily always get his way though when it came to the policy he thought should be in place on china, that the administration's actual policy was a lot tougher. wonder what janet yellen will do there? will she push for example for tariffs to come off? will she be in favor of continuing the trump administration's policies? any idea how she might approach china? >> yeah i think what's happened china has changed. dang they have got off track
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with president xi. help them get back on track. part of that is through the trade policy also financial policy. issues with respect to global supply chains. all those things i think are important and to establish a good relationships on the economic side. my experience in the treasury was those economic relationships can be very important and the u.s. has an important role to play, not just promoting the u.s. but promoting markets and promoting i would say freedom generally around the work. that worked when we've done it. we can get back to it again. connell: all right. we'll watch it over the next few days, beginning tomorrow, the confirmation hearing for janet yellen. noted economist john taylor. thank you for coming on with us. >> thank you. connell: limiting a theme park perk. walt disney world in florida is now suspending sale of annual passes to new customers. they will only renew passes for
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♪. connell: doubling the impact. the nation's capital certainly ramping up security measures that he ahead of the inauguration. for many local business owners in d.c. they have no choice but to close their doors as they face more financial stress. steve harrigan live in washington with more of the story. steve. reporter: that's right, they're closing their doors and boarding up windows. looks like hurricane preparations with big chunk of washington, d.c. owners are afraid windows will be smashed. you see my wood, restaurants, hotels, businesses of all kinds. restaurant owners say inauguration is great, 200%, 300% more than on average nights. this inauguration from a business point of view is shaping up to be potentially the worst ever. >> it is without a doubt the busiest time in our restaurant's history not only january 20th, couple days before, couple days after. with these two restaurants we do million dollars in sales. that is not just the sales part.
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the staff making money. suppliers and vendors sell us product. unfortunately this year it is zero. reporter: we're hearing over and over again from owners it is a chain reaction, not just them that are suffering but employees and suppliers. some who tried to stay open are having problems with the roadblocks. employees can't get to work where they're supposed to be so they had to shut down. so back to you. connell: tough for the restaurant owners, do they have indoor dining in d.c.? not that it would matter necessarily for some of them in d.c.? >> indoor dining was supposed to open up this month. they postponed it again. there was a lot of hope at least after 10 months from covid get a bump from inauguration week. doesn't look like the bump is going to happen. connell: no, it doesn't. all right, steve, thank you. steve harrigan. a tough situation for many businesses all around the country but especially in d.c. you know, we talked about it at the top how the stock market is closed today. tomorrow obviously it will be
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open and netflix earnings will be a big story on this program tomorrow. that is it when they will come out. cheryl casone joins us from the newsroom with preview of netflix. reporter: streaming darling is ready to show us the money we hope. after the bell as you mentioned netflix will put up or shut up. subscriber growth was strong in the last two quarters. americans stayed home, they gained weight, they streamed shows. for the fourth quarter, that subscriber growth could peak thanks to a recent price increase and more competition we call it the streaming wars around here, whether hbo max, hulu, disney plus or amazon prime the space was already getting crowded actually before the pandemic. netflix's stock up 158% from january of 2020 it is already at 42% so far in 2021. they have given guidance of 6.6 billion in revenue. ers per share at buck 35. new subscribers coming in at 6 million. morgan stanley analyst, benjamin wrote in its last note that
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company driven by net adds to free cash flow generation. despite the competition netflix dominated viewing time in 2020. jpmorgan has an overweight on the stock but did say it was worried about the production issues due to the lockdown. hollywood is in the center of the covid hot spot that is los angeles county. netflix rarely makes public streaming totals, for the public, we don't really know what the numbers usually are but recent hits like the fourth season of "the crown," the queen's gambit, a slate of christmas movies could be a draw for bunch of new customers. connell, the christmas movies i wrote that for myself that is what i've been doing streaming christmas movies because it makes me happy. but the other two -- connell: you know what? if it does, we want you to be happy, cheryl that is the goal. that is the absolute goal. christmas movies, whatever it is. "the queen's gambit is great and so is "the crown." netflix numbers out.
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gameday at the home of new england patriots looking a little different than it normally does this time of year. we'll have details next because every day matters. and having more of them is possible with verzenio, the only one of its kind proven to help you live significantly longer when taken with fulvestrant, regardless of menopause. verzenio + fulvestrant is for hr+, her2- metastatic breast cancer that has progressed after hormone therapy. diarrhea is common, may be severe, or cause dehydration or infection. at the first sign, call your doctor, start an anti-diarrheal, and drink fluids. before taking verzenio, tell your doctor about any fever, chills, or other signs of infection. verzenio may cause low white blood cell counts, which may cause serious infection that can lead to death. life-threatening lung inflammation can occur. tell your doctor about any new or worsening trouble breathing, cough, or chest pain. serious liver problems can happen. symptoms include fatigue, appetite loss, stomach pain, and bleeding or bruising. blood clots that can lead to death have occurred. tell your doctor if you have pain or swelling
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♪ ♪ connell: all right. so from, you know, disneyland to the new england patriots, a stadium with a number of live events and large gatherings have been canceled, you know, convention centers and stadiums have turned into mass vaccination sites. let's get to fox's molly line in fox borrow, massachusetts, with a look at what's been happening there. >> reporter: hello, connell. now it is a covid-19 mass vaccination site. this is the first mass vaccination site set up here in massachusetts, and today managed the official launch when health care workers and first. responders were able to begin to get their shots. they are, of course, a priority group here in massachusetts. the aim is to vaccinate 500
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people per day all week, next week about 1200 people and ramping up eventually to 5,000 vaccinations per day. a big, big goal. one thing worth noting, the eligibility here in massachusetts, 65 and over are not yet eligible to get their vaccines. but the state the has begun vaccinations for those living and working in congregant with care facilities including group homes, shelters, ander controversially, prisons. the republican governor, charlie baker, has defended the plan. >> we made the decision we were going to focus on what we considered to be populations that were most at risk. and all the data and all the evidence makes pretty clear that congregated care settings are at risk communities. no matter how you define it. >> reporter: connell, you mentioned some of those big name venues being used across the country. convention centers, stadiums, disneyland, that's the first
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super site in orange county. it does matter quite a lot which state you live in as to whether or not you can actually get the vaccine now. president-elect joe biden has criticized the implementation as being too rigid and confusing, he is encouraging states to expand eligibility to those 65 and up as the rollout continues all across the nation. connell? connell: yeah, the issue seems, molly, to be supply. it's great to have a big, huge site, but in some of those cases, right, they don't have enough doses to give it out. >> reporter: the governor here in massachusetts has talked about how they're only getting a window ahead as to when they're getting their next package just a few days out, so it's made things difficult to plan. connell: right. hopefully that all speeds up and gets better. good to see you, molly, thank you. >> reporter: good to see you, thank you. connell: they're making good use of the stadium, right? all right. our coverage of the biden inauguration will pick up
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tomorrow live from washington not only focused on the security as they ramp things up there, but also -- as talked about today -- some of the policy ramifications of the turnover to a democratic president and congress. thanks for joining us today from new york. i'm connell mcshane, we'll see you tomorrow on "after the bell" live from washington. ♪ finish. lou: good evening, everybody. in less than 48 hours, joe biden will be inaugurated as president of the united states. time is running short for president trump to release the obamagate documents that he's declassified and that have been hidden from the american people now for years. if hidden by the likes -- hidden by the likes of rino senator lindsey graham who's told americans repeatedly to stay tuned for what he would uncover as chair of the judiciary committee. on friday he didn't do too well. he finally dumped some redacted transcripts of the committee's hearings with obamagate
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