she has served on the fec since 2003.efore that, she worked at a , and servedw group on a legal team that advised the senate rules committee during an election contest in 1996. it best next her is professor anthony johnstone, a professor of law at the university of montana. he teaches and writes about federal and state constitution law, election law, and related subjects. prior to that he served as a , solicitor for the state of montana. his recent scholarship on this issue has focused on the historical and constitutional perspectives on life or in -- on foreign influences and why it is such a concern to our democracy. then we had a professor of law from stetson university college of law, a fellow with the brennan center of justice. she worked as counsel for the democracy program at the brennan center. she looks at how dark money could be heading illegal foreign money and how it threatens our national political sovereignty. >> can you speak a little louder? >> yes, i can. i would love to. [laughter] to her left is the sen

ellen weintraub has served as chair of the fec since 2003. orleans,here in new and she served on a legal team that advised a senate rules committee during the election between mary landrieu and woody jencks and -- woody jenkins. then we have a professor of law from the university of montana. he teaches and writes about federal and state constitution law, election law, and related subjects. he served as a solicitor for the state of montana. his recent scholarship on this issue has focused on the historical and constitutional perspectives on life or in influence is such a concern to our democracy. fromve a professor of law stetson university college of law, a fellow with the brennan center of justice. a professor worked as counsel for the democracy program at the brennan center. she looks at how dark money could be heading illegal foreign money. >> [indiscernible] >> yes, i would love to. to her left is the senior director of trial that ignition in chief of the campaign legal center, where he directs district court litigation and coordinates, i

the fec has come up with the two cats rule. you can be the principal fundraiser for a candidate and the fundraiser for the super pac. jennifer: there is a wall between candidates and super pac's and if i throw big money at a super pac, my personal politician does not get to decide how it is spent, right? trevor: well, that is technically correct except that the people who do decide how to spend it are usually, in this scenario, the former campaign manager of the candidate or a close friend of the candidate and one of my favorite examples, the parents of the candidate who are running the super pac. they also can share common vendors so they can use the same consultants. basically, it is the other pocket on the candidate's coat. jennifer: if the candidate tells the super pac what to do with the money, that is legal? trevor: that would be illegal. however, first they have to get caught and then the ftc has to have a majority vote on whether and the fecte it, is deadlocked on all of this. jennifer: if they break the rules, what is

there was a complaint made to the fec. the fec declined to punish the foreign pornographer. >> you have to be fair. it was a split vote. [laughter] i would not anyone in this room to think i voted for a pornographer. [laughter] >> while the foreign pornographer got away with it, he did not get away with it in california. the california regulators held his feet to the fire and levied a stiff fine. [laughter] >> i'm going to let that -- >> it took a while. [laughter] >> and we are back. [laughter] is that something every state could do in ballot initiatives which is not covered by federal law to protect ballot initiatives? >> indeed. >> of the federal law covers all elections. federal, state and local. the one thing it does not cover is state or municipal ballot measures. there was uncertainty about that for a while. the fec said federal law did not cover it. there are no federal ballot measures. there is some logic there. any state or municipality that uses the ballot measure process can enact its own band to cover that. >>

we should not be committing fec violations at all. if you are paying someone to be quiet about a really bad thing you did, you have proven that you are susceptible to blackmail. that is literally what blackmail is. no one's saying that stormy daniels extorted this money, but if you are paying for silence because you did something so wrong you need to keep it from everybody, that is a major national security problem. >> you're raising another question, which is what if the now admitted underlying type of contact is the same as the topic of the alleged blackmail, unverified, in a very controversial dossier that trump always says is not true? >> absolutely. and sending your lawyer out with a statement so ridiculous as to suggest that he paid for it out -- we were meant to take what a lot of people took from that statement which is that he paid $130,000 out of the goodness of his own heart and out of his own wallet. you certainly have a better handle on the legal part of things that i do. but to facilitate a payment, that could have meant

he's now responded to the fec. >> i'm sure there are sanctions for lying to the fec. >> if you don'tion them for something, someone can bring a suit against the fec. >> but if the filing to the federal election commission is false and fraudulent, which i don't believe it is, but then he's in a lot of trouble. >> i agree with you. in terms of the things that trump has done, this doesn't get to the top 1,000 in terms of danger to the national security, unfitness for office, all of that. but what always strikes me of the hypocrisy of the issue. can you imagine, and in fact, it happened with bill clinton, but can you imagine if this happened to a democrat, democratic president. the evangelicals, the family values, you know, the republicans who are focused on, oh, my god, you know, that's so immoral. they would be there with pitchforks. >> yeah, they were. jennifer flowers, paula jones. they were there with pitchforks. >> all right. so where are the voices for president trump right now? where are the republicans who are saying, that's not appropriate behavior for a president of the united

then, if the fec lovelies defined. they have to take them to court and get a court order. but if they do all of that and they've been levied that the fec never got around to collecting. >> there are no repercussions for my candidate. what about me? am i listed as the gene donor of this disgraced candidate? >> well, if you didn't have a good lawyer. >> i don't. >> and you gave directly, then yes he would be listed as the donor to the super pac. but if you have a good lawyer, they will say you can give to an llc. maybe you are to have a couple and could create one and it could make the contribution of the listed as the donor. the llc could be named anything you want. you could name it after your cat. you have a cat? >> .no, but i have a dog in her name is peggy lawrence stocking. >> okay, so while the linnell as the pit b. lawrence stocking llc given million dollars. they look to you to keep it going and do a few other things to make sure that's okay, but you can do that. your other option would be to take your million dollars and give it to one of these tax-exempt nonprofit

so this is something that the fec should investigate. will they? it's down to four commissioners, takes four to take any action. they have trouble taking action when it they have six commissioners. it doesn't necessarily look good but it is a serious issue. >> let's go back to stormy daniels bizarro nondenial that she did not write the statement denying the affair. remember this? >> i am denying this affair because it never happened. i will have no further comment on this matter. your original statement, the signature on the original statement does not match the signature on this statement. did you sign this letter that was released today? >> i don't know, did i? >> do you have a nondisclosure agreement? >> do i? >> you can't say whether you have a nondisclosure agreement. but if you didn't have a nondisclosure agreement, you most certainly could say, i don't have a nondisclosure agreement. yes? >> you're so smart, jimmy. >> it's like she wouldn't -- he wanted eed to reach through th tha screen when she was not answering those questions. you're adv

i think that's what the fec will be focused on p. and certainly you can see from common causes perspective they think it was clearly intended to cause the outcome of the election given timing and circumstances. on the other hand we know how the president wants to be a fixer and wants it make things go away. whether it is with the agreement to reimburse or whether or not cohen was directed to do so. >> and there has to be proof. michael cohen seems to be saying here, i did that out of the goodness of my own heart. >> that's right. that's not unusual. i never paid for it out of my own wallet. but in this world with the trump and his lawyers and unusual circumstances of all this, i rule out anything out at this point. >> and timing. this happened just weeks before the election. months before or weeks after. >> absolutely. if you are common cause you would make a circumstantial case. look at timing of the payment. how can you draw any conclusion other than it was intended to further there pl trump's ambitions. >> what does the full inves

. >> we have now an fec investigation. fec must investigate this. the violation is of fec law. that's where we are. >> fec is such a toothless beast at this point. >> exactly. >> it's just been completely, completely neutered. you know, in any other more normal time in american political history, no matter who was in charge of congress, this would at least lead to congressional hearings and a congressional investigation. and if they found anything, obviously referral to the justice department and all of that. with this republican-led congress in this scandal environment i don't know who picks this up and runs with it. i just don't. >> well, the news media will, and the fec will do whatever it does. we will find out. >> that's right. thanks, lawrence. >> thank you, rachel. >>> a big fat liar. when is the last time you heard that? high school? it doesn't sound like high school to me. that wasn't my high school. it sounds like elementary school. it sounds like first grade. maybe kindergarten. so anyone who has been comparing the trump white house to high school is way, way, way, w

joining us is the vice chair of the fec. should point out she can't discuss this specific case in detail but she has more knowledge about these issues than anybody alive. thanks for being here. >> i'm not talking about any cases that may or may not be before the agency but if you want to talk about the law, i'm here for you. >> i want to talk about nothing pending before the commissioner that might go by the commission. can you give us a sense of how long it usually takes for the commission to decide whether it's going to take up a complaint such as this one? >> it really varies. whenever we get complaints, our lawyers will take a look at them and do an analysis for us and present a recommendation to the commission and then the commission depending on how many cases are in the queue ahead of them, sometimes it takes a little while before the commission can get to the point. we could vote just based on the recommendation on what we call tally but usually, somebody wants to talk about it. so we have to wait until there is an o

and then the fec has to have a majority vote on whether to investigate it. and as you may have heard the fec has basically deadlocked on all of this in the last couple years. >> that just a short portion from the first unrig the system summit from new orleans. watch it in its entirety tonight starting at 8:30 p.m. eastern on c-span. university of vogue miller center convenes scholars looking at the complicated history between u.s. and russia over the last century. focus of this next session is between government and khrushchev in each 1960s. this is about an hour and two minutes. >> ladies and gentlemen, welcome back to our second panel assessing u.s. soviet relations in the 1960s and 1970 gs. i'm not going to chair the panel but i'll turn it over to the professor perry who will anchor the

doesn't matter with the fec will see but this is the statement they put out. the timing and circumstances of the $130,000 payment to daniels make it appear the hush money was paid in an effort to influence the election. they are saying it's still a violation and sbond to that and if this could be an ethics violation for cohen? >> on the fec, if he paid that money for the purpose of keeping her quiet and if trump knew about it, then yes, it could very well be a campaign violation and excessive contribution. and the campaign would have violated the law by not reporting it. this was not first time this has happened. we have a history of people saying they got gifts or they -- somebody was giving money for another reason but it was in fact for the campaign. as far as ethical problems, there are certain rules about the way a lawyer behaves and if he's not telling the truth. then he could have ethical problems. he could be telling the truth as far as he's gone and i paid -- i paid the $130,000 to stormy daniels and the organization and campaign did not reimburse me.

. -- however, first they have to get caught and then the fec has to have a majority vote on whether to investigate it. as you may have heard, the fec has basically deadlocked on all of this in the last couple of years. >> that just a short portion from the first "unrig the system" summit in new orleans. watch it in its entirety tonight starting at 8:30 eastern on c-span. >>> the university of virginia's miller center convenes scholars for a two-day conference looking at the complicated history between u.s. and russian leaders over the last century. the focus of this next session is the relationship between john f. kennedy and nikita chrushchev in the 1960s. this is about an hour and ten minutes. >> ladies and gentlemen, back to our second panel accessing u.s.-soviet relations in the 1960s and '70s. i'm not going to chair the panel, but i will turn the duties over to my colleague here at the miller center, professor barbara perry, who is going to anchor the panel. barbara is herself a noted scholar of the '60s and of the kennedy era and the kennedy clan. she's also director of president

. >> however, first they have to get caught, and then the fec has to have a majority vote on whether to investigate it and as you may have heard the fec has basically deadlocked on all of this in the last couple of years. >>> and just a short portion from the first unrig the system summit from new orleans. watch it in its entirety tonight at 8:30 eastern on c-span. and now former national security adviser to george h.w. bush philip zellecco, mikhail gorbachev and william totman and former secretary of state for george h.w. bush all discuss the relationships between president reagan and mikhail gorbachev as well as the relationship between george h.w. bush and mr. gorbachev. this is about an hour and 15 minutes. >>> we have a great panel and

cftc on the one hand which have allowed for , bitcoin futures to start trading in december, and the fec whose , chief jay clayton was described last week as washington's chief cryptocurrency skeptic. there's a real difference in so opinion on what should be done about cryptocurrency. at the same time, there's increasing urgency to do something about it as the price falls. carol: and the technology section, why every electric vehicle supplier should hear catl. julia: and we are not talking cows. here is editor jeff muska's. julia: tell us about the city of ningde. things are changing. explain. jeff: for the past seven years or so, it is a metro area of about 4 million people, it has been home to catl, a spinoff of a japanese consumer electronics battery maker that has become the dominant capacity wise electric vehicle battery maker in china. become it's now setting its sights on the rest of the world. carol: how dominant are they in china? how aggressive are they trying to take over in the rest of the world when it comes to batteries? jeff: in the city proper, from an existing headquarte

today's complaint is nearly identical to the fec complaint that michael cohen might have forced him to admitting he facilitated a payment from his personal funds to stormy daniel who's also allegedly had a sexual encounter in 2006 with trump. those alleged payoffs were both for consensual relationships. there's the allegation afc sexual advances, unwanted sexual touching and sexual misconduct. today president trump drew attention to one an accuser 2003ing a woman i never met is on the front page of the "washington post" saying i kissed her for two minutes 12 years ago in the lobby of trump tower. who would do this in a public space which is security cameras running? jimmy's gotten used to his whole room smelling like sweaty odors. yup, he's gone noseblind. he thinks it smells fine, but his mom smells this... luckily there's febreze fabric refresher for all the things you can't wash. it finds odors trapped in fabrics and washes them away as it dries. and try pluggable febreze to continuously eliminate odors for up to 45 days of freshness. pluggable febreze and fabric refresher. two more

to have a majority vote on whether to investigate it and as you may have heard the fec has basically deadlocked on all of this in the last couple of years. >>> and just a short portion from the first unrig the system summit from new orleans. watch it in its entirety tonight at 8:30 eastern on c-span. and now former national security adviser to george h.w. bush philip zellecco, mikhail gorbachev and william totman and former secretary of state for george h.w. bush all discuss the relationships between president reagan and mikhail gorbachev as well as the relationship between george h.w. bush and mr. gorbachev. this is about an hour and 15 minutes. >>> we have a great panel and philip zelleco will chair the panel. i think everybody knows philip and he's written a terrific book on the end of the cold war. the principal author of the 9/11 commission report and many other books and he's right now in the midst of writing a terrific book on sort of decisions for war and in ways that eliminate old crises and old decisions like going to war in 1898 or wilson's divisions for war in world war i

i do not plan to provide any further comment on the fec matter or regarding miss clifford.re you go. what do you think of that, michael? there's a lot of questions to be answered here. >> yeah, i don't think this is going to be the last we hear about this issue. and like mark was mentioning, i think why we're hearing about this is exactly the fact that he -- that this has become a legal issue for him. my colleagues at "the wall street journal" broke this story a couple of months ago. it's hard to keep track of all of these controversies and time. >> you were just reading my mind. i was like, so much for infrastructure week. but go on. >> it is infrastructure week, again. but, you know, michael cohn didn't participate, he wouldn't comment, he wouldn't answer these questions for us. it's only now that he sees some legal issues to do so. and i think that there will be more to this story before it's over. >> why now, though? why would michael come out? he didn't really have to say anything. it was--i mean, did they -- because he gave this to "the new york times." was somebody h

as you may have heard, the fec has basically deadlocked on all of this in the last couple of years. >> that just a short portion from the first "unrig the system" summit in new orleans. watch it in its entirety tonight starting at 8:30 eastern on c-span. >>> the university of virginia's

. >> new fec complaint alleging just that next.se relieves your worst symptoms including nasal congestion, which most pills don't. flonase helps block 6 key inflammatory substances. most pills only block one. flonase. the things we do rising before dawn. sweating it out. tough to do it all. but we can always find time to listen to great thinkers and explorers whose stories take us places our hamstrings can't. all we have to do is listen. download audible to start listening. which means everyone has access to our real reviews that we actually verify. and we can also verify that what goes down, [ splash, toilet flush ] doesn't always come back up. find a great plumber at angie's list. join today for free. >> there's a new complaint about hush money paid on behalf of donald trump. the complaint was filed by the watchdog group common cause to the federal election commission and the department of justice. it alleges that the reported $150,000 payment maded to former playboy model karen mcdougal four days before the presidential election

it, and as you fec has basically deadlocked on all of this the last couple of years. >> you can see the rest of that conversation and other speakers from the event tomorrow night here on c-span. >> c-span, where history unfolds daily. in 1979, c-span was created as a public service by america's cable television companies. youy, we continue to bring unfiltered coverage of congress, the white house, the supreme court, and public policy events and around the c country. c-span is brought to you by your cable or satellite provider. next, representatives and senator tim scott talk about ways to create more

caught and there has to be a majority vote on whether to investigate it and you may have heard the fec is basically deadlocked on all of this >> in the last couple of years. >>to hear the rest of the conversation and the rest of the speakers in new orleans tomorrow at 8:30 eastern on c-span. >> c-span, where history unfolds daily. in 1979, c-span was created as a public service by america's cable television companies and today, we continue to bring you unfiltered coverage of congress, white house, the supreme court and public policy events in washington, d.c. and around the country. c-span is brought to you by

you don't see a lot of men over 50 pitching businesses in the fec office -- vc offices.ow what it takes to keep a business functioning over years. what is going to make the real real standout with so many e-commerce and fashion companies trying to revolutionize the way we buy things? >> we are changing the way people think about consignment. we are a change factor -- we have removed a lot of friction -- we can come to your house or send it in, you can face time with someone. we have taken away barriers of doing consignment. anduse we take possession we make sure the quality is good, we have also taken away barriers from buying consignment. 50% of our buyers have never bought consignment before and 50% of our consignors have never consigned before, so we are expanding the market. in many ways, we actually are different than other people where change the paradigm like airbnb. more hotel rooms then all hotel rooms together, they expanded the market, and we are expanding the market. we did athing, relationship with stella mccarthy to sell their goods, and this is going to be

quickly as you all know in november of 2017, commissioners met with the staff and former fec chair. the professors. that was related to a proposal those three had worked on together that highlighted some analysis that requested that some localities review online political communications. from that the most significant provision was a provision highlighting a political filing or archive system. from the january meeting of this body from december and january of this meeting you requested we continue to sort every view the legal and policy implications of these documentations. we worked through our leann, jessica and i's visit through the government ethics and lobbying to provide a legal analysis. i want to recognize professor abbey wood and her two research as assistants from the gold school of law. they prepared an analysis of the legal concern regarding federal and state preemption as creating the political filing system. the research concluded there would not be a preemption issue at the federal or state level. you know, i will let you all consider that attachment if you have not h

you take someone like the winklevoss brothers who have been pushing for a couple years to get the fecrmission to open a bitcoin etf. the price has plummeted since december and caused a scare in some regulators who believe that a lot of retail investors could get hurt by this, we don't really know what it is. we have to start issuing regulations. although it is not clear that a lot of people in washington understand the technology or that regulators are in lockstep on what to do with it. we have seen very different movements, which have allowed for bitcoin futures to start trading in december, and the sec, whose chief jay clayton was described last week as washington's chief cryptocurrency skeptic. there is a real difference in opinion on what should be done about cryptocurrency. at the same time, there is increasing urgency to do something about it as the price falls. carol: in the technology section, why every electric vehicle supplier should hear fear catl. julia: and we are not talking cows. tell us about the city of ningde. known for fishing and farming, things are changing. >> fo

g >> sean: that's why they did not go after the fec issues, why they did not go after the farc issue.atch rush is saying here is brilliant. that they may have been shielding hillary clinton by the russian trolls, because all of that could have been provided to fusion gps, hillary clinton, the campaign, perkins coie, and the rest of them. brilliant point, so mueller again, hillary clinton, how does she get everybody to protect her? it's always rigged in her case. finally tonight we have more damning information about the partisan attack dog, andrew weissmann, look at the "l.a. times" getting on board, finally doing some reporting in the media. mueller deputy andrew weissmann has a reputation for the tactic and sometimes going too far. then the "l.a. times" details how weissmann has very close ties to the special counselho robert mueller, serving as his fbi general counsel for two years. maybe this will explain why mueller decided to tap andrew weissmann as his top prosecutor even though he has the most atrocious record of any lawyer i've ever seen in my life. we told you how he is bias

and we understand that there may have been some coordination between the fec and the doj. >> you probablyle bit about this but a former playboy playmate said she had a nine-month affair with president trump. the "national enquirer" paid her $82,000 for the story but then never ran it. so it goes to this idea that president trump was cheating essentially on melania two years into their marriage. >> and it's something called grab and catch -- >> catch and kill. >> go ahead, jason. >> in the midst of all the scandals, a lot of times you like to see keep the training running on time. that's going to be a problem from this administration. railroad officials went to congress and said it's going to take us another two years to implement the kind of air brakes for safety to prevent some of the train tragedies we've been having and it's an even longer process because they lost the head of the division. >> we're back after this. liberty mutual stood with me when this guy got a flat tire in the middle of the night, so he got home safe. yeah, my dad says our insurance doesn't have that. what?! you ca

to investigate it, and as you fec has basically deadlocked on all of this the last couple of years. >> you can see the rest of that conversation and other speakers from the event tomorrow night here on c-span. >> c-span, where history unfolds daily. in 1979, c-span was created as a public service by america's cable television companies. youy, we continue to bring unfiltered coverage of congress, the white house, the supreme court, and public policy events and around the c country. c-span is brought to you by your cable or satellite provider. next, representatives and senator tim scott talk about ways to create more civility and bipartisanship in politics. this form is hosted by georgetown university and took place on capitol hill. it's just under an hour. >> hello. we are at georgetown. the way you can tell you are at a catholic meeting is there is no one in the front row, and the audiovisuals never work. thank you all for coming very much. we are delighted that you are with us. my name is john carr and i am director of the initiative on catholic social thought and public life at geor

and we that there may have been some coordination between the fec and doj. >> you probably know about a former playboy playmate says she had a nine-month affair with president trump. the national enquirer paid her $82,000 for the story but never ran it. it goes to the idea president trump was cheating on melania two years into their marriage. >> something called grab and catch and hold. >> catch and release. >> go ahead, jason. >> in the midst of scandals you like to say at least keep the trains running on time. railroad officials went to congress and said it's going to take sus another two years to implement the kind of air brake pores safety to prevent some of the tragedies we've been having and ooh even longer process because they lost the head of the division. >> back after this. [burke] vengeful vermin. seen it. covered it. we know a thing or two because we've seen a thing or two. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ i needthat's whenvice foi remembered that my ex-ex- ex-boyfriend actually went to law school, so i called him. he didn't call me back! if your ex-ex- ex-b

russian defendants and their co-conspirators did not report their activities to the fec or regist register as foreign agents with the doj. i want to answer that, of course they didn't. putin's henchmen aren't good at complying with our paper work law. but that means that bob mueller right here is laying out a case that he is willing to use, even these obscure paper work rules to go after election violations, how could that affect anyone who worked in american with these russians. >> i think they can be indicted for the exact same things, they could be indicted for conspiring with these russians. the fact that there's only one american indicted today doesn't mean that there aren't going to be more americans indicted. you've got this microtargeting that was done by the russians, to suppress the clinton vote. how did they know who to target? i don't believe for a second that this s.w.a.t. team that came in weren't necessarily experts in american politics, they had to have somebody helping them. >> how could they know what to do and do it? >>> coming up, why now? mueller has had these indictme

the other piece is you have some organizations, so i think of common cause, now saying that the fec should investigate this. this was an illegal campaign expenditure. they say because of the timing here, it happens just before weeks before the election, and even though it it was not used in order to influence the election, he doesn't say the reason it was he paid this money. some are saying somebody should look into this more. there's a lot on this. but there's another piece to this. cohen saying he's going to write a book. he's been offered a book deal. but he's saying it's not going to be a tell all is and not going to talk about stormy daniels and dish on donald trump. >> just to walk through this so we get. the full story here. stormy daniels, what has she said about these allegations? are we hearing anything new from her? >> no is the short answer. as far as what we have heard in the recent past, we have not heard much. this all came out bh the "wall street journal" first broke this news about a month and a half ago. and talked about this payment. that was the first we hard about that

and the former council at the fec told cnbc quote, it looks like the nnc is shuffle lg cash around in are pretty unprecedented. do you think, and i realize you're taking an educated guess, these payments are possibly related to the russia investigation? >> these type of thing have been done in the past. disguising one payment for another is not unprecedented. it would be with respect to the president. you have to have proof, it's hard to say somebody's going out doing something with the intent to -- without proof it's legal, it is been disclosed properly. one can not necessarily say, okay, this is exactly what happened. they're paying his legal bills by paying him rent and by paying the vice president's nephew a certain amount of money. >> okay, john, it's not that people are saying it's illegal, people don't like it, they can vote, what about the people who are giving big to the rnc? why are they comfortable with it? >> well, we'll see how comfortable they are with it. by the way, while we're talking i want to give a shout out to my colleague, kristen welker who broke this story. loo

and he names commissioners to the fec. some of them are -- positions are vacant. so, you know, it's unclear what they will actually do. >> and is there any sense of if they ruled it were a campaign contribution, what the consequence of that is? >> there would be some fine fin. it's not a significant fine. the more serious consequence would be if the justice department investigated, you know, he could be prosecuted under some laws for violating some campaign finance laws. >> michael, thank you. >> thank you. >> michael rothfeld from the "wall street journal". >> okey-doke. >>> stocks moving this morning on inflation fears. next, we're going to take a close look at what exactly is going on. how your money, money, money is faring in these spate of wild market swings. >> i think when you started this morning, it was down. >> it was. >> now it's sort of hovering around the break-even point. you're watching "velshi & ruhle," live on msnbc. you might take something for your heart... or joints. but do you take something for your brain. with an ingredient originally found

as you may have heard, the fec has basically deadlocked on all of this in the last couple years. >> just a short portion from the first unrig the system summit from new orleans. watch it in its entirety tonight starting at 8:30 eastern on c-span. >> next on the presidency, a look at what motivated president richard nixon and soviet premier brezhnev. the university of virginia's miller center held a conference looking at the complicated history between the u.s. and russian leaders over the last century. the discussions included assessments of franklin d. roosevelt, jfk, george h.w. bush and bill clinton as well as their russian counterparts. this is about an hour. >> this is our second half of this panel. we'll go to a little bit past 1:00. i have just met vlad zubok last evening over dinner and after dinner and which we had a fascinating conversation about khrushchev and kennedy but two slightly different khrushchevs and kennedys about whom we've been speaking and it was mrs. jacqueline

trading on three crypto companies has been suspended by the fec.d due to questionable business models and asset valuation. the sec also reiterated its anding to investors companies certainly focusing on cryptocurrencies or blockchain technology. that is your business flash update. julie: pretty obvious. we have been talking about it for a while. joe: coming up, what you need to know for next week. this is bloomberg. ♪ scarlet: "what'd you miss?" u.s. stocks kind of stumbling, losing steam into the close, but it was a good week overall. coming up, don't miss monday as presidents' day in the u.s. and the stocks and market are closed. joe: i will be watchingjoe: the fed releasing fomc minutes 2:00 p.m. on monday . scarlet: the u.k. releases its numbers for gdp on thursday. that is it for "what'd you miss?" "bloomberg technology" his next. -- is next. joe: have a great weekend. we use our phones and computers the same way these days. so why do we pay to have a phone connected when we're already paying for internet? shouldn't it all just be one thing? t

i wonder, do you support the treasure department's recommendation and how would you work with fec toake recommendations? >> i agree with you, sir, that leverage ratio can deter banks from engaging in low-risk wholesale activities particularly the custody banks and so we've looked carefully for some time now at how to provide relief and our preference for the way to do that is to just recalibrate the enhanced supplemental ratio and the custody banks would feel significant relief because they have the smallest surcharges, that's our preferred way to do that. >> following up on that, as you know with these considered changes to the enhanced supplementary ledge ratio, they only cover the gsib, do you believe that bossel are only necessary but also support changes to the larger supplementary leverage ratio? >> the regular supplemental leveraged ratio based on my conversations with financial institutions including the custody banks is not particularly binding for them as certainly as it relates to custody banks so it's really -- we chose to make this enhancement and i think we got the cali