bank i. thank you. i don't know what you want but. i know my uncle. the toys the hold the bamboo slowly loose and every time the raft hits some ropes. the raft risks breaking up. thank uncle. thank . you larry the most. beautiful old boy told me he would be on me helping all my own but i'm livid he would be island. and you can go they go without warning you that you'll be on the details to help when you all can. go. oh yeah. ok and. the men know well the dangers of the long river. up ahead the cave ghost passage will test. the legendary mekong river old mother of waters is vietnam's main waterway. it nourishes the six countries through which it flows including laos which borders vietnam. after travelling five thousand kilometers from its source in the himalayas this is where the river vents its rate. over time it's carved out the cone fulls one of the widest waterfalls in the world. yet allow fishermen jump into the water without fear. for me before they're right one mile or. more and progress over there where i don't have a good view you are down as

bank of. thanks. i don't know what was going on. but i know my uncle. the toys the hold the bamboo slowly loose and every time the raft hits some rocks. the raft risks breaking up. thank uncle. thank. you the whole i see. you level old boy holding. me help me all my all but i'm a bit weak you'll be island. in night you can go they go without warning you that you'll be on the detail the help when you all can. go. you know. if we had all. the men know well the dangers of the long run. up ahead the cave ghost passage will test. the legendary mekong river old mother of waters is vietnam's main waterway. it nourishes the six countries through which it flows including laos which borders vietnam. after travelling five thousand kilometers from its source in the himalayas this is where the river vents its rate. over time it's carved out the cone fulls one of the widest waterfalls in the world. yet allow fisherman jump into the water without fear. are for me the workers right or in my. part of garden for proper care come get you you are going to your didn't call

banks and customers. this is just under 20 minutes. >> i wan >> i want to commend senator for leading the fight to oppose rollbacks for wall street banks. he hases been tireless. i thank him very much for his work. this is a tough fight. this week nearly ten years to the day after we first discovered the banks crashed the economy, washington is about to take the same off the government watch list. it makes perfect sense in washington the power to erase politicians memories. the senate is debating a bill that would roll back the bills to protect consumers and prevent another economic meltdown. yesterday i talked about how this scraps a lot of important protections and in addition it also loosens the hold on some of the same banks that wreck the economy. ten years ago a bunch of banks got giant bailouts while consumers got a punch in the gut. the excuse was they were so connected with one another and the economy that the failure of one could bring the rest of the system down. congress passed a huge bailout for to keep this from happening again congress decided to put a small number of being that controlled more than $50 billion in assets this is about 40 of the large ba

the reality is, i know he's saying we can bank on his -- i thank you for the graphic. exhibit a.can count on the word. we can't. we don't know where donald trump stands and i think that to peters point he doesn't know where he stands. this is no art of the deal. he said whatever is politically expedient and has to backtrack. this is when lives are on the line. it's poetic justice today. we're talking about teach rs being armed. there was an armed teacher today. what a disaster that was. you cannot have people who are not properly trained weapons in schools. kids are going to schools to learn. to become better selves. this isn't a boot camp where they need to be in fear. >> the nra put out a statement today. it's clear they didn't like what they heard at the meeting. do you think that it will be the end of it for the president trump and the republicans -- the nra is not happy about. it was good tv but bad ols. >> the republicans in congress reacted negatively. the view about trump is, he pops off and doesn't know what he's talking about. we are going to stick with the nra, because

it's up to customers to decide the banking arrangement. >> thank you. i should remind the prime minister that we on the royal bank of scotland and the prime minister ought to be holding the companies account. earmarked for reprieve. he was told he should be approaching a branch elsewhere. >> to the right honorable gentleman and he's raised these questions before. i say to him that i would have thought with his background he would understand that decisions are taken by commercial organizations by those commercial organizations that it is not for the government to tell people what sort of accounts they're going to have or which branch they should be opening those accounts in. we take steps to ensure where there are branch closures that access to facilities are available. that's why we have the agreement with the post office to provide extra additional ability for people to use services through the post office. i have to say to the right honorable gentleman that it is not right for him to suggest that the government should be telling people where they should

i would like to thank bank of america for making these conversations possible. team. to the axios events makingre instrumental in the program possible. we would like to thank c-span for carrying this event live and for their great coverage. we would like to invite you to 360. along at the #axios our sweet and savory breakfast from the axios events team. we can have breakfast every day. axios am with me, we would love to have you join. axios.com sign-up. we would love you to get axios a.m. and going. we have a fantastic lineup. a first with someone i have covered going back to my days as a young reporter in the hartford capital, senator richard blumenthal, democrat of connecticut he was. the connecticut attorney general for five terms. a u.s. attorney, he has been working on these issues for 25 years. i appreciate you being here. [no audio] -- [applause] just yesterday, you were at the u.s. capitol visitor center. you were at a news conference. what was that like? and axiosthank you for having me this morning, all of you for being here. thanks for your extraordinary co

and i want to thank the senator from the banking committee. senator in idaho. i can't tell you how much i appreciate this. this has been a yeoman's effort and i'm looking forward to seeing this cross the finish line. >> i thank the senator from georgia very much. i'd like to ask senator corker if he'd like to weigh in. >> i would, i'll be brief. i know numbers of people here would like to speak to this bill which would be an accomplishment for us that we greatly appreciate your leadership on in making it happen. let me just, i'll be very brief. i was here when dodd-frank was passed. i was on the banking committee at that time. i didn't support it and the reason i didn't support it is for the many reasons, many things that we're doing today to correct it. whenever regulation passes, it begins at the targeted group, which was the larger institutions in our country, which failed. but then over time, the regulatory processes seep down to the smaller entities, the smaller banks that are housed in the communities all across our respective states, the members of the ro

thank you. i want to close by saying that i don't for a second think that dodd-frank is the reason we are seeing consolidation in banking. with a population shift it plays a big role in this committee. i can deal with dodd-frank. thank you, mr. chairman. you.ank mr. -- senator corker? senator corker: congratulations on your confirmation. accommodative the fiscal policy in place right now. out of curiosity, as people predict, i know that you all will raise rates for bank i'm's this year. -- four times this year. how much of that tax bill that was put in place is affecting to raise rates this year? chairman powell: i wouldn't single it out, senator teary sen. corker: i'm not trying to single -- senator. sen. corker: i would not single it out, but how much of a factor is it in looking at raising rates? chairman powell: fiscal policy is one of many factors. we are looking at everything that happens in the economy, financial conditions, fiscal policy, it helps that. we cannot help things like fiscal policy, but i think that i would expect fiscal policy this year to add meaningfully to demand, putting upward pressure on infla

i have. the lines of medication is absolutely vital. they have continued to sustain that. rep. banks: thankyou. i yield back. >> thank you. mr. o'rourke. o'rourke: thank you, mr. chairman. general, could you tell us how these service members are deployed at this moment? we generally don't talk numbers in public, congressman, i would be happy to -- rep. o'rourke: what is a ballpark you can talk about? gen. votel: we are at the level the department of defense has approved for us in this area and , and we will maintain that going forward. rep. o'rourke: is that public information? gen. votel: the department of defense has put some numbers out. i would be happy to follow up on that with you. rep. o'rourke: ok. so i must ask you how many u.s. service members are in syria or are operating in syria? i am expecting to get a similar answer. gen. votel: right. the department of defense basically said around 1700 but i come of it again i would offer , the same response. rep. o'rourke: and an answer to ms. gabbard's question of what our purpose is you said the task is to defeat isis, is that reason for

and so the reality of it is, i know alice is saying we can, you know, basically bank on his words. yes, i thankphic exhibit a right here. we can count on his words, but we really can't. we don't know where donald trump stands, and i think to peter's point, he doesn't know where he stands. this is no art of the deal. he says whatever is politically expedient, and then he has to backtrack from it moments later. unfortunately right now, this is when lives are on the line, and it's poetic justice today. you know why? we're talking about teachers being armed. there was an armed teacher today, and what a disaster that was. you cannot have people who are not properly trained with weapons in schools. kids are going to schools to learn, to become their better selves. this is not any type of boot camp where they need to be in fear. it's ridiculous. >> so the nra put out a statement tonight, and it's pretty -- you know, makes it pretty clear they did not like what they heard at this meeting. do you think that it will be the end of it for president trump and the republicans? the nra is not happy about it.

i. am was like to thank the bank of america to make these conversations of possible. amazing axios events team which had a marathon week. instrumental in making today's program possible. amazingwe will like to thank cr carrying this event live and for their great coverage. and, we would like to invite you to tweet along at the #axios3 60. it is great to have breakfast this morning. sweet and savory breakfast from the event team. i cann have -- you and have breakfast every day. we would love to have you join axios.com. join me every day. we have a fantastic lineup. we are starting first with someone who i covered for many years going back to my days as a young reporter in the hartford capital, senator richard blumenthal, from connecticut. a u.s. attorney and he has been working on these issues for 25 years. center dot blumenthal -- senator blumenthal, i was once a constituent and now i am a host. thank you so much for being with us. just yesterday, you are at the u.s. capitol visitor center. you are with the news conference with david hogg and some of the other student

thank you, mr. speaker. i rise today to speak in support of the community bank reporting relief act. i would like to begin by thanking leader mccarthy and chairman hensarling for their support in getting this legislation to the floor. i also want to thank and express my appreciation to my colleague, andy barr and terri sewell, for serving as original co-sponsors on this legislation. i would also like to oint out this identical language has been included in the bipartisan regulatory relief bill that the senate expected to take up some time this week. by way of background, the federal financial institutions example council requires banks and savings associations to file a quarterly consolidatesed report of condition and income -- consolidated report of condition and income. banking regulators use data in the call report to discover the risk profile of each institution and assess the overall condition of the west bank banking system. we can all agree our regulators should have regular updates on the overall performance health of financial institutions. for example, this is important to f

wan >> i want to commend senator for leading the fight to oppose rollbacks for wall street banks. he hases been tireless. i thank him very much for his work. this is a tough fight. this week nearly ten years to the day after we first discovered the banks crashed the economy, washington is about to take the same off the government watch list

he was my first coach for five years when i started out last week i'm a lot to thank him for in those days when i had a bank game you always thought. he made me a much better player and recognize quality is no one else hand. he was a world class striker national team player multiple league title when we. obviously experience you come over here. who knows how it lions have to move up front and the kind of service they mean and use the complete coach. he's managed to attain legendary status to talk clubs by in. his heart beats for. the really nice added bonus. to great clubs of the one nine hundred seventy s. who turned out to be my close. minded. i always felt totally at home image as a player and enjoyed a lot of success there so now. i feel every bit as much at home. in may twenty thirteen he retired with a fairy tale ending facing black backers buying coach commish biggest say i'd like to so you can really frank sands and the crowd for such a wonderful send off because. the shows really well. look this is really come from. the stuff my motives. thank you. mentioned is what he calls home time to spend four

he was my first coach for five years when i started as a glance back i'm a lot to thank you for in those days when i had a bank game you always stuck. he made me a much better player and recognised qualities no one else had. and. he was a world class striker our national multiple league title when we. obviously experience you come over when you're by the movie but he knows how the plans have to move up front and the kind of service they mean and use the complete coach. he's managed to attain legendary status to top clubs. lancaster's heart beats for. the really nice added bonus. to great clubs of the nine hundred seventy s. who turned out to be my club. my no five. i always felt totally at home and mentioned a bloodbath as a player and enjoyed a lot of success there and now it by and i feel every bit as much at home. in may twenty thirteen he retired with a fairy tale ending facing got back his buying coach to reach big beasts like that so you can really sang. and the crowd for such a wonderful said bell option because. it. shows really well. yeah this is really come from. smug i might is. already. lester. is

congressman banks, i appreciate you being on. thank you. >> thank you very much. have a good day. trish: you too. marchs, demonstrations around the world in honor of international women's day. my take coming up on it. the markets mean while in the red as we await the trump tariffs. that signing is happening in the next hour. investors are waiting to see if some countries will be spared. that's next. ♪ ♪ wake up early, o. ♪ slap on some cologne ♪ i'm 85 and i wanna go home ♪ ♪ just got a job ♪ as a lifeguard in savannah ♪ ♪ i'm 85 and i wanna go home ♪ ♪ dropping sick beats, they call me dj nana ♪ ♪ 85 and i wanna go don't get mad. get e trade, kiddo. trish: markets are mixed right now ahead of the president's big tariff announcement that is coming shortly, everyone. don't go anywhere. we will have it live as soon as he signs those documents as investors eagerly awaited the february jobs report. economists estimated that the economy added 200,000 jobs last month and predict the employment rate will fall to the lowest level since december of 2,000. think about that, 2,000. for more

bank. it's a privilege to be part of this. i want to thank the chairman of the banking committee, senator crapo, for leading this deposit and for his good-faith efforts to make this a bipartisan process. as we debate the economic growth, regulatory relief and consumer protection act, the senate's on the verge of doing something significant. we're breaking through the gridlock on a bipartisan legislative package to reduce unjess regulatory burdens on main street banks and credit unions while also expanding protections for consumers, for service members, for veterans. this is an example of what we can achieve when we work together. i'm proud to have worked closely with my friend, the chairman, senator crapo, among others to craft this bipartisan legislation that my friend, senator tester, mentioned. 13 republicans, 12 democrats, one independent. i've worked on this issue since i came to the senate in 2013. this bill is the result of dozens of meetings. 25 banking committee hearings, a seven and a half hour committee markup where more than 100 a

i thank you very much. >> shepard: the banking business has been a tough business with all the regulations and with all the problems. we want strong regulation but we want it to make sense. the banks are doing better now and able to loan. we have a big one coming up. we have a bipartisan bill that hopefully will be voted on very shortly on dodd frank. very important amendments especially for the smaller banks and the community banks. i think it's going to be a very special bill for you. are you following that? >> yes, i am. i thought it was -- it might pass today. >> could pass by the end of this meeting. could say guess what? it just passed. but i think it's going to be very popular and for the smaller banks. they needed help and we're honored. it's going to loan a lot of money to great customers. >> pardon? >> you'll be able to loan money to great customers. >> absolutely. >> thank you. >> president trump, i'm kevin ferrs. i work at dynamic fasteners. we sell fasteners and power tools to the commercial industry with a primary emphasis of metal buildings. my background is i'm a nerdy engi

thank you. >> i am the chairman and ceo at hawthorne bank, we are a public the trade community bank located inuri. bank with1.4 billion 348 employees and 21 banks in central and western parts of missouri. as a result of the tax relief, we were able to get thousand dollars bonuses to all employees, a $500,000 bonus to part-time employees, and in addition we have a profit-sharing plan. in the future our employers -- our employees will do to benefit with what you did in your leadership role to get that tax relief and i thank you very much. pres. trump: the banking business has been a tough business and but regulation and problems -- we want stronger regulation but we wanted to make sense. as you know, banks are doing much better now and they are able to loan. it bipartisanne, bill that will hopefully be voted on shortly on dodd-frank. it is an important amendment for smaller banks and community banks. is going to be a special bill to you. are you following that? i thought it would pass today. pres. trump: it might pass today, it might pass at this meeting. [laughter] it is going to be popular for

bank needs more power. not able to regulate i's public sector banks. public sector banks dominate the space here and if they start to crack up, it affects the economy. thank were the work, the public sector, manufacturing or services, the big focus is usually on boosting productivity. in a factory, as simple as buying more machines. can you technology help us work more effectively. we try out some of them. could a study of my brainwaves make the more productive? this company, mindplay, certainly thinks so. even when i go to get my lunch. we will find out later what the results are. here is another trend. we are producing vast amounts of communications data. telephone calls, emails, chat of all kinds what if we could analyse that they learn lessons about productivity? that is email dater. behavox monitors communications by bank workers mainly to spot any unlawful or unethical activity. but now is using artificial intelligence to assess whether your communications are productive. it all sounds a bit big brother. in our personal lives, we are giving away this part of a freezer when it comes to the workplace, all of a sudden everybody is upset about the fact

banks capital buffers, but i believe it would also be worthwhile to evaluate other changes to our capital regime to encourage earlier action by banks when the economic environment deteriorates. thanksaturally reluctant to raise capital due to concerns -- banks are naturally reluctant to raise capital to concerns about stigma. this hesitancy we saw over and over again as we work our way through the financial crisis. bank management may delay a move to raise capital because they're prone to optimism of the outlook for the firm or economy. there's also an extra now the problem. -- next are now the problem. it takes steps to strengthen its own financial condition. while supervisors have some tools available in some sense, these often require a safety and soundness basis that may not always be forthcoming in a timely manner. changes in the 2018 c car program to enable banks to avoid a federal reserve board objection based on the quantitative assessment by raising the capital. that is a step in the right direction, but the current regime may not be sufficient to ensure that banks will raise capital proactively as we going to the next economic downturn. compensation is also a powerful inc

not just the public, but banks and others as well. >> thank you. senator brown -- selecting your time i heard you say a number of times that there will be no relaxation of the rules for foreign banks. i don't agree with that. the administration made it clear that it wanted to lower standards. in january, they believe the bill would accomplish the goal bill walker has said it would bill -- it it would. there would be less regulation of foreign banks. i had an amendment during the markup on that issue. it was defeated. lobbied against that amendment. the bill supporters rejected it. i have three related questions. either enter them now or get them in writing to me. promise that you will push back foreign back lobbyists and intranet no foreign bank, with more than $150 billion, will benefit from any deregulation, i would like that promise from you. i'd like to know what you plan to do when a foreign bank sues the fed for not treating it equally to u.s. waste bank. -- taste bank. --based bank. and -- either, if you want to respond now or you can respond in writing soon. >> why don't we take

banks think? gregory: i would prefer european banks. there is more upside. much,thankery gregory perdon, co-cio, arbuthinot latham. that is it for "bloomberg daybreak: europe." the european open is next. when you are traveling to work, tune into bloomberg radio live on your mobile device, and on digital in the london area. this is bloomberg. ♪ ♪ morning, this is "bloomberg markets: european open." is less than 30 minutes away. inflation expectations, u.s. cpi drops at a: 30 a.m. in washington. investors seem relaxed at ahead of the data. could there be another jolt of volatility? german car stocks, bloomberg's matt miller speaks to volkswagen ceo today in berlin. trump's firewall. broadcom'snt blocks bid for qualcomm. we are less than a half hour away from the european open. there is a lot to talk about this morning. we do not see a lot of direction for stocks. at least as indicated by futures. ftse and dax futures are unchanged. you do see treasury yields rising a little bit this morning, but they came down by so much yesterday. take a look at the three-day chart i've

no, at santander bank, they personally ensured my account and app were set up before i left. they call it walk out working. oh, no, thank money respect. not surprises. and, at santander bank, respect adds up. >>> wayward pops cause chaos on an arizona freeway. dogs were backing up traffic on i-17 in phoenix. troopers caught one of the dogs but the other pooch was having none of it. the dog evaded its captors for at least a half hour before being lassoed by a neighbor in a trailer park. fortunately neither dog was hurt in all that commotion. >>> nbc 10 inaugural foster care phone bank is in the books. volunteers feeled 290 calls during our phone bank. the city of philadelphia has more than 5,000 foster kids looking for a place to call home. check the nbc 10 app if you're interested in fostering a child. >>> sports is next. >> here's john clark from nbc sports philadelphia. >> you've heard about this, nba stars lebron james checking out private schools in philly? he responds today. lebron is facing the sixers tonight. wait until you see the love of lebron and joel embiid next. more and more student debt is keeping people

i think the reason is because they can afford to do so. jp morgan is benefiting from scale more than ever before. is similar to many thanks in the u.s. bankingustry. president trump: i think it is time that a president stepped up. i'm talking democrat and republican presidents. >> president trump wrapping up a bipartisan congressional meeting. a wide-ranging discussion about what to do in the united states over greater gun control. >> congressman and senators here say they need to get 60 votes in the senate. it has to be focused. you see the president saying, i want it to be comprehensive. it's going to be really hard to put that together in a way that can pass the senate and the house. >> walmart is raising the age restriction for buying firearms to 21 years, and will remove items from its website resembling rifles. >> impact from sales? should we see any meaningful change for these companies? >> with dick's, this wasn't a huge part of their market to begin with. mega-retailer, a something like this is mega-ret, something like this is not necessarily going to hurt them on its own. it might spur backlash among the gun rights community, but i

prince: no, but thank god, many of the companies i deal with, many of the banks i deal with, i reallyake this opportunity to thank many heads of state in europe and other world, many heads of state in the far east, and many ex-head of states in the united states, really for caring about me and being in touch with my office and with me after i left and during my detention. warren buffett, bill gates, you know, roy frank f.b.i. of goldman sachs, and president carter. erik: they checked in on you? prince: oh, yes. and actually, bill gates issued a press release about me. i missed a lot of my friends. i have no time to just mention all the names. i really appreciate what they did, all those in the political arena, nationally, internationally, and then the community also. i thank them for the care about me and say i will never let you down. francine: that was eric schatzker speaking exclusively with kingdom holding chairman's prince talal. erik, how does this translate into your world? you have the currency angle. do you worry a little bit less about saudi arabia in terms of finances than

thank you so much. i just want to say thank you for inspiring me to be an officer at the world bank as a consultant. m los angeles. i'm working with migrants and refugees, and so a lot of the questions is very empowering to be in the crowd like like-minded people. i decide to focus my question more on we see about in a field and professional journalism a lot of marginalization, a lot of the fuel that has driven this presidency. can you speak on some of the tips or how you see the role of journalists in the next ten years, the next -- how is our role shaping and how do you want to sit? i feel a lot of it, it's fueling this hate esso. i know we have to document and be there in the front lines like we're saying reporting and being an advocate, but you also have other journalists in our profession making it hard for us as well and making it acceptabl acceptable. >> i think we have to tell stories. but then again, this is a very simple definition we have to report reality as it is, not as a wish it would be. sometimes what you see on tv, on cable news is not the reality that you see. i come from the unive

no, at santander bank, they personally ensured my account and app were set up before i left. they call it walk out working. oh, no, thankd your money respect. not surprises. and, at santander bank respect adds up. >>> the entertained us this past year with comedy, drama and action and hollywood's biggest stars and directors are vying for top pry in motion picture industry. the red carpet has been rolled out and ready for tonight's academy award. marci gonzales has more from hollywood. >> reporter: the flash the fashion, the grand finally of the awards season. >> this is the dream, that you dream about. it ties good to be true moment >> reporter: hollywood's biggest night about to begin. >> lauren what did you do. >> reporter: jimmy kimmel back to host the 90th academy award s after last years un forgettable best picture mix up. >> i will be honest it would be funny fit happened again. >> reporter: safe guard are in place to make sure it does not happen again but there could be a different kind of surprise with the best picture category this year. many expect the shape of water with most nominations at 13 tozeone pic the

banks. i applaud mr. tipton for fulfilling that objective. i yield back. the speaker pro tempore: the gentleman yields. the gentlelady from california. ms. waters: thank you very much. i am perplexed and somewhat amused by the statement that the community banks are just withering on the vine. well, let me just talk about what is happening in the banking community. dodd-frank is not hampering the banking sector at all. in 2016 this eindustry made record profits of $171 billion. community banks are out-performing their larger peers at the end of 2016, lending was up 8.3% for community banks, and 4.8% for larger banks. credit unions are expanding and they have increased their membership by more than 16 million since 2010 and in-- an increase of 18%. and you know, we oftentimes talk about what we're doing to the community banks. but we always -- you, rather, always have a way of making sure the big banks are attached to this deregulation you you want to do for community banks. all you have to do is amend this bill and make it apply only to community bank, would the gentleman who is talking about what the ranking member should understand and should be thin

banks. he has been tireless in the fight on behalf of ohio families and on behalf of families all across this country, and i thank him very much for his work. this is a tough fight. mr. president, this week nearly ten years to the day, after we first discovered that big banks crashed our economy, washington is about to take many of those same giant banks off the government watch list. i doubt that this makes any sense to any of the millions and millions of americans who experienced firsthand the economic horrors of the financial collapse. oh, but it makes perfect sense in weaker where -- washington where people can erase their memories. this would protect consumers and prevent another economic meltdown. i talked about how this scraps a lot of consumer protections for a lot of families buying homes. in addition to squeezing consumers, it loosens the hold on some of the same banks that wrecked our economy. ten years ago a bunch of enormous banks got giant bailouts while american consumers got a punch in the gut. the excuse was that these banks were so connected with one another that the failure of one could bring t

i wish that would be changed in this bill. those are my thoughts. thank you for having me. speaking of small banks, glad to be here. i am very excited about the bill eating on the senate floor this week. the best thing about this bill is that it is a bill that can pass the senate and passed with 60 plus votes. bills thatn very few attract this kind of bipartisan support. banks inthe geordie of this country are community banks there are 5700 banks in the country right now -- commercial banks. if you shave off the top 15 to 20 banks, the largest ones being in the trillions of dollars, most communities are served by a community bank. this bill is targeted at those banks. the vast majority of provisions are targeted at community banks. from the beginning, we are not looking at regulatory relief for the sake of changing some regulation. there is a broader purpose for this legislation. the purpose is not tweaking a few regulations or changing the asset threshold on very complex regulations. is key point of this bill economic growth. whathave seen with dodd frank apply to very heavy hand of regulations across the board for

seeing consolidation in banking i think technology plays a big role in that and population shifting plays a big role in that on this committee, i can deal with dodd-frank. thank you senator corker >> welcome, mr. chairman glad to have you here. congratulations on your confirmation you've talked about the accommodative fiscal policy that's in place right now. just out of curiosity, i know there's people predict y'all are going to raise rates four times this year, definitely going to raise rates some how much did the tax bill -- is the tax bill that was put in place, how much of that is affecting your desire to -- or your likelihood of raising rates over this year >> i wouldn't single it out, senator. >> no, no, no. i'm not trying to single it out. just out of curiosity. it is, in fact, something that is going to be stimulative so how much of a factor is it in looking at raising rates >> fiscal policy is one of many, many factors we're looking -- as you know, we're looking at stable prices, maximum employment everything that happens in the economy and financial conditions and fiscal policy affects that we can't really isolate one thing like fiscal policy i woul

survival guide stacey let's learn a style fill out let's say i'm not sure i get any earthly andris banks have to fight wall street spot thank you for helping. destroy that's right bail out slavery. then what bargain that you will go back to will go on. for years will pull you out of a. good obit and democracy and want it and i didn't it will always be good is it also. helps hold. on a public official. to. keep it or don't or don't let you people come up with you through. on genyen not about the la la nouba demanded that them and the money because i'm. not bad with the internet but oh november of it if i say i love them that i don't know what about on it but i have the only thing it is about. welcome to. not say afghanistan is still struggling to contain their resurgent taliban eighteen years after nato troops went into the country to get rid of the extremist groups can't people manage and what can the west do to help well i asked former chief of afghan national intelligence m roulettes. relentless taliban attacks the leadership in kabul is getting ready for sentiment. repeating goals for direct talks over and over again in

i thank my colleague from illinois. now, on guns, mr. president. as the senate debates the banking bill, americans are wondering if the republican majority will ever move, ever move to take up the issue of gun safety. tomorrow, thousands of students across the country, awakened students, will participate in a nationwide walkout to demand action. at 10:00 a.m., in high schools from one end of america to the other, students will walk out for 17 minutes in honor of the 17 who gave their lives at marjory stoneman douglas high school in solidarity. but they're not going to stop there. they're going to keep working and working and working until we get something done. when the students walk out, what will this senate, what will this congress, what will our republican friends be able to say? nothing, because we will have done nothing in that time to address gun safety in a meaningful way. the unfortunate reality is that it seems there is too little courage in the white house to take on the n.r.a. after sounding the right notes when the cameras were on, president trump backed away from ever

i mean the traffic thank you. you're watching t.v. and you stay with us. you know the banks. who was the language of. speaking the truth. is that matters j w.

can protect themselves from the cost, not just the public but banks as well i would appreciate that, if you could do that. >> we will >> thanks. >> and chairman powell, senator brown has been -- >> i will be very brief. i heard you say a number of times there will be no relaxing of the rules for foreign banks and i want to just -- i just don't agree with that. a treasury report last year, the administration made it clear it wanted to lower standards. secretary mnuchin testified, sitting where you are right now in january, he believed the bill would accomplish the bill paul volcker said it does sarah bloom raskin said there will be less regulation of the foreign banks. antonio weiss said the same. i had an amendment during the markup on that issue and it was defeated foreign banks lobbied against that amendment the bill's supporters rejected it i have three very related questions, i'll ask the three consecutively, if you can answer them now or in writing, will you promise to push back against secretary mnuchin and foreign bank lobbyists to ensure that no foreign bank will benefit from any reregulation, i would like -- any dere

i think is because they can afford to do so. jp morgan is benefiting from scale more than ever before. that is similar to many thanks -- many large banksu.s. banking industry. president trump: i think it is time that a president stepped up. we have not had them -- i'm talking democrat and republican presidents. stepped up. -- they have not stepped up. >> president trump wrapping up a bipartisan congressional meeting. a wide-ranging discussion about what to do in the united states over greater gun control. >> congressman and senators here said they need something that can get 60 votes in the senate. it has to be focused. you see the president saying, i want it to be comprehensive. i want something strong. he said it would be nice to create something that is beautiful. i like the word comprehensive. it's going to be really hard to put that together in a way that can pass the senate and the house. >> walmart is raising the age restriction for buying firearms to 21 years, and will remove items from its website that resemble assault style rifles. it comes after dick's sporting-goods ending the sale of assault rifles. >> impact from sales? s

survival guide stacey let's learn a salad fill out let's say i'm not so i get any earthly grease banks have to fight wall street fraud thank you for something. destroy that's true. that's slavery. but you go to shit where you can you learn not to tell you the truth none of us are no good morning and one million people die and die. killed people maybe even vaguely. now no one's going to wait to chew everybody's running and that's. welcome across like we're all things are considered i'm peter we're discussing trade wars. ok right before we go to the break and gave the operative word retaliation ok you know there's a couple of things here what we already know that the europeans and the canadians are talking together the chinese have made it very clear they're not going to take this sitting down and i think we have to remember folks is that there's been a lot of pressure at least rhetorically from the trump administration on china to quote unquote take care of north korea which is illusory they don't have as much influence as they think but now the koreans are going to be in the target of tariffs here and that this is a time w

. >> really, thank you >> yeah, we do what do you think of bank of america and how do you think -- >> if america. i tell club members, good, i got a couple of others nancy in new york. nancy! >> hi, cramer. >> hi, nancy. >> i watch you almost every night. >> thank you >> and i have a question for you about a reit etr. >> i'm torn about etr. we had them on a bunch of times. they missed the quarter and they missed badly and there were real concerns about credit issues it was bad what can i say yield 7.7. it was not what i wanted let's leave it that way. reed in texas. reed >> remember the alamo! i'm back, mr. cramer, with another winner earnings story, a cash flow story. ebri. >> i don't know ebri i don't know that one. i'll have to do homework and come back to you and that is the conclusion of the lightning round! >> the lightning round is >> the lightning round is sponsored by t ooh. so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches d ameritradetion curriculum -- just to help you improve your skills. boom!

thank you for watching. as long as. my managers do not go today i. would change you know the banks. and so was the language of the bank. speaking the truth global news that matters g.w. made for mines did you know the cost fifty cents to feed one hungry child for one full day. before the. game over. with a shared a meal you can share with your children with just this besides and a tap on your smartphone to gather global hunger please download the app. just ten rounds left this season it's no time to stroll through teams need to get a move on urgency is the name of the game on friday nights in some downright frosty conditions in months and logged off the home side seem to see that message early they went into the break up to help but then it was visiting coach smokey who called for it to shuffle the pack to start the second half and braman played like a team on a mission. the northerners got two goals to earn themselves a much deserved point. while the action continued on saturday with the european chase in the race to beat the drop heating up here's a look at what we've got coming u

their possibilities. >> i came from one business meeting there's things we can do together based on things we're doing, , the things she wanted o do. >> thank you very much to the bankamerica for that message. our next guest i can't top his twitter bio come his what about is marjory stoneman douglas class of 2018, hashtag never again activist, team link reporter, ought or no, surfer, part-time terrible speller, david hogg, welcome to axios. [applause] >> thank you very much. welcome back. david, your many twitter followers have been following your quest to get into college. he sort of knew the colleges that turn you down. have you gotten into a school? >> i have gotten into a school. at this point of what i take -- i sure i will find the right place for me. right now i'm more focus on changing the world and the future of america. >> have you heard back from some of those colleges? have asked for a do over? >> yes. to put it simply, yes. but right now again i'm more focus on -- is going to go to close i could use stuff like this and help change the future of america politically and get youths involved in politics and point and . at the spectacle a lot of it is. but n

i think the banks want clarity. i think wall street is very comfortable with this fed chairman. francine: thank you. brian belski of bmo capital markets. coming up, a conversation with mark mobius. look for that interview at a clock a.m. in new york -- 8:00 a.m. in new york. this is bloomberg. ♪ ♪ francine: good morning, everyone. this is "bloomberg surveillance." the russian foreign minister has responded after u.k. prime minister theresa may publicly accused the kremlin of the chemical weapons attack on british soil. he said russia is not guilty of the poisoning, but is ready to cooperate. to comply the u.k. with a request for a sample of the poison. do you believe that the foreign minister and the kremlin are trying to deescalate this by the cooperative -- by being cooperative? >> i don't think they really are. they rejected the deadline, which the u.k. set for midnight tonight. he was quite competitive, the russian -- competitive, -- , the russian foreign minister. russia is breaking itself -- bracing itself for u.k. reprisals. francine: what does that mean for possible escalation? does it get w

i like your chart. this is my chart and it is following the news from china. china, canada and hong kong are amongst the economy's most at risk for a banking crisis. what we charge it thanksclark is a chart regarding gdp gap. i will push out my chart for our radio listeners. on london digital. the morning is well. the chinese banking stress indicator improved since 2016. global stocks as the trademark concerns take a backseat to economic optimism from friday's u.s. jumped aboard with u.s. futures pointing to a higher open. we are joined by alberto gallo and nick gartside, international chief investment officer of fixed income. thank you for joining us. when you look at trade, the market sentiment seems to be on the positive side because they are focusing on the fact that the u.s. economy is doing pretty well. alberto: markets are generally not pricing in the risk of a trade war. so, there has been a lot of optimism after last week's contained inflation number, almost feeling like we're back to goldilocks. also, we have got to also discount the reaction from other countries, europe and china, in particular china. if they react to the tariffs, that that could have negative

i made you a mixtape." [ laughter and applause ] >> steve: it's cool. >> jimmy: whatever. >> steve: whatever. >> jimmy: you don't have to listen to it if you don't want to. ♪ thank you, answering bankothing about myself. [ laughter and applause ] what was my mother's name in high school? >> steve: when did i meet my wife? >> jimmy: my mom's nickname in high school? ♪ thank you, chunky peanut butter -- [ light laughter ] for being the only food whose name is a form of fat-shaming. [ laughter and applause ] ♪ thank you latkes, for not being called seder tots. there you go everybody. >> steve: hey! >> jimmy: those are my thank-you notes. we'll be right back with tyler perry! [ cheers and applause ] ♪ ♪ ♪ next chapter ♪ ♪ when steeeeak ♪ is really this good ♪ you show it in slow-mo slow-motion steak. (avo) get an entrée like this, plus starter and coca-cola, for just 10 bucks. steak included. ♪ chili's is back, baby, back, baby, back ♪ discpump, foam, hydrate care foaming body wash. new dove men + care foaming body wash nt to get to kohl's where ive? under armour for the entire family is 25% off! and get kohl's cash for you! take 25% off select under armour tees, shorts, shoes and more

i think the stuff's going to hit the fan and we will find out. >> john harwood, thank you. betsy wood rough, thank you very much. i want to bridge in jill wine-banks,% assistant special%%% prosecutors. great you have to with us. i'll start with one of the president's tweets from today in which he talks about andrew mccabe. spent little time with andrew mccabe but he never took notes when he was with me. i don't believe he made memos except to help his own agenda probably at a later date, same with lying james comey, can we call them fake memos? i assume you're not going to use that term. what could these memos tell us? >> the memos are probably actually quite telling, and i believe they were made contemporaneously%, and they will be very helpful as evidence. there's nothing more persuasive than evidence in had a case. so i would say they will be very helpful and that the tweets as everybody has said this morning indicate an unraveling president trump. this is unbelievable. his tweets are very scary because they threaten democracy. on twitter i've seen people twiegt some of the headlines during watergate that i had fortu forgotten about where the p

assurances to community banks and credit unions that they will have fair recourse in the examination process should they disagree with an examiner's findings. i would like to thank the speaker for advancing this rule and urge my colleagues to support the rule so our community banks and credit unions can realize real relief and i yield back to mr. buck. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from colorado is recognized. mr. buck: i have no further witnesses and am prepared to close and i reserve. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from colorado. mr. polis: i yield myself the balance of my time. once again, congress is spending our limited time here on the floor debating issues that are not being asked for by our constituents creating new government commissions and washington red tape that gets in the way of our economic growth and success. we spend countless hours debating bills that the senate probably won't even take up instead of the items we need to do like appropriations bills, where we are two weeks from the expiration of government funding. apparently the

i was wondering what your opinion was. thank you. >> guest: that is my opinion and i have to think it's a fact. we look at the behavior of wall street and the big banks in the recent meltdown of the whole housing crisis and mortgage rates and all these other things is that i don't think there is any doubt -- at least in a way it doesn't matter if it's real or perceived to be real but people like yourself and myself and others perceive it to be real and in fact, it is real. i think it is real. i think whether it's healthcare or people to proceed with healthcare or wall street people frustration with so many segments of the private sector economy which is all consolidated in grown and big in walmart putting small-town companies out of business is that there is a sense of frustration on the american people that these big corporations are running their life. >> host: craig shirley, did you support in the primary in 2016? >> guest: my farm worker scott walker and then later for john kasich. >> host: shirley bannister. >> guest: and that is yes. it's a conservative marketing firm where we work with think tanks in publishing houses in candidates and individ