over the past year but germany still has a lot of catching up to do also coming up more strikes obama paul's new pension plans in france how will harris solve the crisis which threatens to spoil christmas for many pledge holiday makers. i'm going to go jones and this is your business live from berlin welcome i was starting with some good news equal ety between men and women has improved globally that's the results of the latest study of the world economic forum on the issue of gender gap like in previous years nordic countries continue to lead the way to gender parity not iceland is in 1st place for the eleventh's year in a row the country's gender parity is nearly 88 percent that's according to the w e f norway finland and sweden follow close nicaragua is also granted in the top 5 and rwanda at number 9 beating germany which rounds up the top 10 gender parity is more advanced in german politics than it is a business on the whole the w e f recommends reducing the wage gap between the sexes the situation doesn't look like it's improving fast enough globally the world economic forum expects it

economy against court in new york thank you he advised us leaders from richard nixon to barack obama now paul volcker former federal reserve chairman as died at the age of 92 mr volcker tackled us inflation in the 97 days navies and later lent his name to trademark with forms of wall street headed the u.s. central bank from 979-2987 the grandson of german immigrants was born in cape may new jersey his father says he died from complications related to prostate cancer. the head of the world trade organization has announced the launch of quote intensive political negotiations to salvage the apple a branch of the body's internal court system the. appeals panel sometimes dubbed the court of world trade will no longer have the needed quorum of 3 judges as of midnight on tuesday due to mandatory retirement and the united states has blocked the appointment of new judges accusing the court of serious overreach and breaching u.s. interests the man is not for budging and on left as an 11th hour breakthrough the face of the world trade organization top of course has been sealed the u.s. ambassador to the

received. 20 years after that, another economic crisis, he became an advisor to then president obama. paulhe power of 1, 2, 3 medicines with trelegy. the only fda-approved once-daily 3-in-1 copd treatment. ♪ trelegy ♪ the power of 1,2,3 ♪ trelegy ♪ 1,2,3 ♪ trelegy woman: with trelegy and the power of 1, 2, 3, i'm breathing better. trelegy works three ways to open airways, keep them open and reduce inflammation, for 24 hours of better breathing. trelegy won't replace a rescue inhaler for sudden breathing problems. trelegy is not for asthma. tell your doctor if you have a heart condition or high blood pressure before taking it. do not take trelegy more than prescribed. trelegy may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain occur. think your copd medicine is doing enough? maybe you should think again. ask your doctor about once-daily trelegy and the power of 1, 2, 3. ♪ trelegy, 1,2,3 woman: save at trelegy.com. ♪ >> bret: we are learning new details to

and president obama, paul and patricia pounders of the security lock. he's a partner. he played himself in an episode of past cards. there's an even more little-known fact, he can come up with lyrics on demand. now he's been a remarkable book, making the case of the impeachment of donald trump. he will be joined by michael, president of the center. he's a lawyer and writer, expert on the tote presidency and american democracy. michael served in the clinton white house from 93 to 99. working for the last american president who faced impeachment. will make time for your questions tonight. you should have cards and pencils on your seat. we will make time for as many questions as we can. [applause] >> good evening everybody. welcome to this important conversation, a critical issue, a critical moment in our country's history. we are being listened to, that's good. [laughter] trust me, they've got the wrong one. [laughter] it's a big moment for the country and a big moment -- hello again. nothing has changed. [laughter] it's a big moment. did i mention that? they have only b

decades later his rule became a controversial element of post cry says banking regulation in the obama years. paul volcker passing away. let's be honest, quitting smoking is freaking hard. like quitting every monday hard. quitting feels so big. so, try making it smaller. and you'll be surprised at how easily starting small... ...can lead to something big. start stopping with nicorette most people think as a reliable phone company. but to businesses, we're a reliable partner. we keep companies ready for what's next. (man) we weave security into their business. (second man) virtualize their operations. (woman) and build ai customer experiences. (second woman) we also keep them ready for the next big opportunity. like 5g. almost all of the fortune 500 partner with us. (woman) when it comes to digital transformation... verizon keeps business ready. ♪ ♪ experience the power of sanctuary at the lincoln wish list sales event. sign and drive off in a new lincoln with zero down, zero due at signing, and a complimentary first month's payment. doctor bob, what should i take for back pain? before you take any

giuliani and harry hopkins richard nixon, next, jimmy carter jay paul and ronald reagan bill clinton, with bill richardson, barack obama valerie jarrett donald trump rudy giuliani many, many, more, ladies and gentlemen don't forget watch me on levin tv give us a call to sign up 844-levin tv or blaze tv.com/mark, blaze tv.com/mark. we'll be right back. [sneeze and sniffles]

. >> paul: from barack obama. >> i'm in the camp where it was unseemly but not criminal or impeachable. paul: kim, what about the integrity of elections point? that's a key argument that the democrats are making. >> well, look, i think the problem with that argument is if you go back and you -- i mean, when bill clinton, the whole scandal over foreign contributions to his campaign, was this undermining the election scenario, this is a different standard that they're holding donald trump to here and, again, every time you talk to a foreign leader, if you are in theory getting some policy benefit, if it also helps you personally, if you're going to claim that that is interfering in our elections, then every single president is constantly interfering in the election by everything they do in foreign policy. paul: of course, we didn't -- the president didn't know how any announcement of an investigation would play out or how strong it would be, for example. what do you make of the overall case here, that the democrats are constructing? do you find it -- i mean, you were around as i was when

obama. it's also been up under trump. >> yeah. >> it's been up quite a bit. paul krugman is quite simply a hater. to liz's point, he's going to bash anything and everything trump does. he's not going to evaluate the policies. there have been some objective reasons for concern, like the trade war, like the inverted yield curve, those are reasons real economists would be concerned. but paul krugman is a hater. that's why he's been completely wrong when it comes to the markets. david: i want to push back on the notion that presidents don't have anything to do with an economy. i mean, the fact is that president obama, when he was president, he was facing a terrible recession. instead of making it easier and cheaper for businesses to do what they do, he increased taxes and increased regulations enormously, that slowed the recovery until trump came in and did exactly the opposite, and it was trump's policies of deregulation and lower taxes that got the economy chugging. >> and let me just say something, and i've been saying this all along, the tax cut's good. the deregu

. >> paul: from barack obama. >> i'm in the camp where it was unseemly but not criminal or impeachable. paul: kim, what about the integrity of elections point? that's a key argument that the democrats are making. >> well, look, i think the problem with that argument is if you go back and you -- i mean, when bill clinton, the whole scandal over foreign contributions to his campaign, was this undermining the election scenario, this is a different standard that they're holding donald trump to here and, again, every time you talk to a foreign leader, if you are in theory getting some policy benefit, if it also helps you personally, if you're going to claim that that is interfering in our elections, then every single president is constantly interfering in the election by everything they do in foreign policy. paul: of course, we didn't -- the president didn't know how any announcement of an investigation would play out or how strong it would be, for example. what do you make of the overall case here, that the democrats are constructing? do you find it -- i mean, you were around as i was when

paul: for the repeal of the obama care. kim:r that would-be the one think.give you that. the bill does have it as an end to the cadillac stacked which was an obama care stacked on high-cost health plans. also the permanent repeal stacked on health providers. and on medical devices. these will all very bad. prevent taxes and better policy. one is nice, it's not them will getting rid of them but they were repealed for important fortuity. thate would-be the one highlight of this. >> went i guess, you mentioned you wanted the president to focus on it. so why doesn't he. tonight thesi question. i think it comes down to the point that dan mentioned. the republicans have decided to get defense spending spending increases. they will accept all that liberal spending priorities. i would just urge them to think andhe consider that we cannot remain and military superpower if we do not also remain an economic superpower. if financial superpower. this idea of the government will always give the borrow money and listen to a off percent. and ten years less than 2 percent. a

paul volcker has died. he broke the back of inflation in the 1980's. there, he worked with president obamain in the investment risk of commercial banks. that led to the volcker rule. paul volcker was 92. the fbi is calling the shooting at a florida naval base an act of terrorism. a saudi air force officer in the u.s.shot and killed three naval personnel. he was then killed a sheriff's deputy. saudi arabia is promising to cooperate in the investigation. some republicans are calling for the u.s. to temporarily halt training programs involving foreign servicemembers. a volcano eruption on new zealand's white island. . killed at least five people. others are missing, and dozens more injured. about 50 were on the island. many were believed to have been from a cruise ship. white island is about 30 miles off the coast of new zealand's north island. how's investigators make their closing arguments in the democrats' case against president trump, debating how far they want to go in drafting articles of impeachment. judiciary committee chairman jerrold nadler says the president is likely to be accuse

. >> paul volcker has died. , threemer chairman decades later, led barack obama's bid to rein in perrry risk-taking. the age of 92.at what did he invent? way they carrye out monetary policy. weekhad to figure out in a to week basis, where they thought the fed rate would be trading. that was a different way of doing and. it ended when voelker left. the was his contribution to mechanics of monetary policy. ♪ to see whereking you think nine different asset classes end up around this time next year. put your reputation on the line. about 30,000 functions in the bloomberg and we always enjoy showing you are favorites. here is another you will find useful. it will take you to our quick takes where you can get insight into timely topics. here's a quick take from this week. andhitty chitty bang bang, harry potter, all feature something people have been dreaming about for decades, flying cars. to ask, aretural they next? although jetsons style family flight is still decades away, their taxis could be in wide use by 2030. they would be less like a flying car from the movies and more like a hob

kennedy and served under president obama's economy recovery advisory board. his career spanned 10 presidents. paul was 92 years old. >>> attorneys representing many of the survivors of the north bay wildfires from 2015 through 2018 held a meeting in santa rosa yesterday to provide details on the settlement. people who lost their homes say they have questions about the u? what's the time? and what's the range of those payments? that's what i came for today. >> $6.75 billion cash. $6.75 billion in stock will go into a trust fund that is established for all the victims. >> the deal took three years to put together. attorneys say if things go according to plan, survivors could start receiving payments late next year. >>> bay area u.p.s. drivers and some fedex drivers say they're honor frankrt working at 2:00 ordonez, the u.p.s. driver who was killed on a florida highway during a shoot-out between police and the two men who carjacked the delivery truck. his family is demanding answers on why the shooting happened at all. >> the way the police handled the situation, it was a nightmare. >> where was the

paul volcker is dead. he broke the back of u.s. inflation during the 80's. later, he led president obama's efforts to rein in the investment risk of commercial banks. that led to the volcker rule which the banks hated. paul volcker was 92 years old. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i'm mark crumpton. this is bloomberg. vonnie: and at 6:00 p.m. in hong kong.0 a.m. in i'm a vonnie quinn. welcome to "bloomberg markets." from bloomberg world headquarters, here the top stories from around the world that we are following. we are on the cusp of a busy week with a lot of potential catalysts from the fomc meeting to the looming america-china tariff deadline. plus, the u.s. winter flu season is off to its earliest start in more than 15 years. we will tell you how fact -- how vaccine experts are preparing. brownbrown of bobby cosmetics will join on her latest venture. we also have lots out of washington, d.c. kailey leinz is with us. halfway into the trading day. really range bound. kaylee: we

. >> 297 for barack obama 139 for john kerry. nowman paul) snowman paul here!just $0 a month. (snowman paul) $0 a month! i was literally built for this. for people with hearing loss, visit sprintrelay.com you are one-of-a-kind. you are my diamond. for the diamond in your life, get 30 % off everything including these one of a kind deals. it's the "you are my diamond" event. exclusively at zales, the diamond store. it's the "you are my diamond" event. and that has an effect on how i work today. i've been trained to notice things that most human eyes don't see. i treat every car i work on like it's my own, and take so much pride in what i do. we sign off, so you can sign on. only roomba i7+ uses two multi-surface rubber brushes. ♪ and picks up more pet hair than other robot vacuums. and the filter captures 99% of dog and cat allergens. if it's not from irobot, it's not a roomba™. and you'll experience a whole new range of emotions like... of a travel site the relaxing feeling of knowing you're getting the best price. and the magic power of unlocking your room with

reagan reappointed paul volcker as fed chair though they soon crashed -- clashed over the growing deficit. pa volcker left the fed in 1987. his last legacy was advising president obamag to restrict commercial banks for making risky investments. a controversial reform known as thvolcker rule. epnie: paul volcker was 92 years old. still to come, on the "newshour" a blockster prove of documents revealed allies undergirding the war in afghanistan. we have the latest moves from the democratic campaign trail morrissette's "jagged little pill," a milestone of 90's rock opens on broadway. from the w eta pbs stuonos in washin judy: today the washington post has a blockbuster story- the results of several years of reporting and legal pursuit of government documents. for the last 18 years. according to the government reports, senior u.s. officials have been mieading the american public abouwar in afghanistan. john yang has the story. reporter: it was called "lesson learned." it was started by a special inspector general. those lessons tell a very different private sry, one of misguided and fatal this function that violently coradicts with a narrative pushed by three successive

paul rocher has died. later, he led president obama's attempt to avoid risk-taking at the central banks.runaway inflation and a response to the housing collapse that triggered the financial crisis. and we just want to clarify an earlier report on dimon asia capital. the hedge fund told us that it is positioned so almost one third of its macro portfolio would benefit from black swan market events and dislocation. was -- dymon was put in almost a third of its macro investments there. than 2700more journalists and analysts in more than 120 countries, -- powered by more than 2700 journalists and analysts in more than 120 countries. i am su keenan. this is bloomberg. tom: that just crossed the channel. -- tenureond yields japanese bond yields rising for the first time since march. we had that this go stimulus last week and then that better than expected growth number in terms of the third quarter gdp out of japan. now you seeing those 10 year yields rising for the first time since march. moving onto another story. a lifting and mainland china. postal savings bank, one of the biggest banks in

giuliani and harry hopkins richard nixon, next, jimmy carter jay paul and ronald reagan bill clinton, with bill richardson, barack obamaarrett donald trump rudy giuliani many, many, more, ladies and gentlemen don't forget watch me on levin tv give us a call to sign up 844-levin tv or blaze tv.com/mark, blaze tv.com/mark. we'll be right back. [sneeze and sniffles] are you ok? yah, it's just a cold. it's not just a cold if you have high blood pressure. most cold medicines may raise blood pressure. coricidin hbp is the... ...#1 brand that gives... powerful cold relief without raising your blood pressure. under federal qhibl statute i've told you before so-called whistle-blower is not a whistle-blower. the so-called whistle-blower is complain is not covered by the statute, phone call between the the president they're not covered by statute, the president is not covered by the statute and so-called whistle-blower is not anonymous under statute yet they treat them like the unknown whistle-blower. this is the greatest travesty in american history that you try to destroy president of the united states. for all of the reasonses

paul volcker has died. the former federal reserve chairman led barack obama's bid to rein in proprietary risk-taking at commercialcker rule. he passed away yesterday at the age of 92. what did he invent in terms of monetary policy? >> he changed the way the fed went about carrying out monetary policy. instead of targeting interest rates, they targeted the level of money supply which created a whole new class of employees at wall street firms. fed watchers who had to figure out on a week to week basis as best they could where they thought the funds rate would be trading from watching the money supply as well. that was a different way of doing it. it ended of course when volcker left, and they went back to the old system, but that was his contribution to the mechanics of monetary policy. ♪ ♪ >> the bloomberg mliv asset survey is now open. we are looking to see where you think nine different asset classes end up around this time next year. you can visit the website to get your forecast in and put your reputation on the line. rosalind: there are about 30,000 functions on the bloomberg and we always enjoy showing you

paul volcker has died. the former chairman, three decades later, led barack obama's bid to rein in proprietary risk-taking. of 92. what did he invent in terms of monetary policy? >> he changed the way the fed would carry out monetary policy. they targeted the level of the money supply, which created a whole new class of employees at wall street firms. they had to figure out in a week to week basis, where they thought the fed rate would be trading just by watching the money supply as well. that was a different way of doing it. when volker left and they went back to the old system, that was his contribution to the mechanics of monetary policy. ♪ ♪ >> the bloomberg in live asset survey is not open. we are looking to see where you think nine different asset classes end up around this time next year. you can visit the website to get your forecast in and put your reputation on the line. rosalyn: there are about 30,000 functions on the bloomberg and we always enjoy showing you are favorites. here is another you will find useful. quic . it will take you to our quick takes where you can get insight into timely

had have been filled with all sorts of false claims including that barack obama's father was a columnist in chicago, that paulartney is dead and that elvis is still alive guys >> okay. all right. kerry sanders. thank you. >>> well, we do have some good news this morning, former president jimmy carter is now recovering at home after being released from a georgia hospital on wednesday mr. carter was admitted over the weekend and treated for a urinary tract infection. a carter center spokesperson says the former president is feeling better the 95-year-old has been hospitalized several times this year, mainly for injuries sustained in falls. >> happy to hear that news. >>> boy, we had a good night last night we were up late helping light the world famous rockefeller christmas tree >> 5, 4, 3, 2, 1 ♪ joy to the world the lord is come let earth receive her kin ♪ >> and just like that a 75 foot norwood spruce was shining bright, 55 miles of lights, joined on stage by new york city mayor, bill de blasio, miss america nia franklin and the rockettes and so much more, packed with performances by brett eldridge, many mor

he advocated a 25% tariff on china when president obama was present, donald trump does it and it will cause the end of the world. i want to send paulthers bushel basket so they can catch two bricks. the sky is falling, let's get some evidence, catch some brakes. >> your positivity is contagious. >> merry christmas to everybody except paul. >> we wish a merry christmas. the time is 18 after the hour. a political battle brewing in the aloha state. hawaii's former governor once altogether to resign after voting present for impeachment and the congresswoman just responded. >> that wouldn't fit in my yard. >> you are not going in our yard, it is going in our living room. >> they are two christmas classics but which one is better, a christmas story of christmas vacation? turns out there is an answer and carly shimkus, we hit the streets to find out what the viewers say next. carley: a journalist quits his job over controversy surrounding the christianity today article calling for donald trump to be removed from office. he resigned from the christian post after learning they plan to put out a piece knocking his competitor telling the wash

paul covolcr has died. he returned to public service after the financial crisis, serving as an economic adviser to president obama was praised by successors, including jerome powell, who said this. his life xiexemplified the high ideals. i think three or four years ago. 6'7", there's my 5'3" niece and 6'7". really a patient mentor to young reporters. a fierce advocate for credibility. he told reporters, when you're not in a financial crisis, you have to be credible. if the bottom falls out of the economy, your credibility is all we have. we thank him for the service to the economy. >>> hard turn here on this. look at this sweater here. this sweater is not safe for your office holiday party. walmart canada is apologizing for a christmas sweater that features santa and three white lines that look similar to cocaine. these were sold by a third-party seller on walmart.ca, have no place on our website. the sweater has been removed and it was not available in the u.s. removed after the thing sold out, right? >> that's what i was reading online. the description of it made clear, if the picture didn't, exactly what they'

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paul volcker has died. the former federal reserve chairman who backed -- in the 1980's, three decades later led barack obama'sprietary risk-taking. it was known as the volcker rule. he passed away yesterday in new york at the age of 92. what did he invented terms of monetary policy? >> he change the way the federal reserve went out -- carrying out policy. they targeted the level of money supply which created a whole new class of employees that wall street firms. they had to figure out on a weekly basis as best they could rate wouldd's funds be trading just by watching the money supply. that was a different way of doing it, it ended when volker left and they went back to the old system. that was his contribution to the mechanics of monetary policy. ♪ >> the 2020 asset survey is over. we are looking to see where you think different asset classes around this time next year. rosalind: there are about 30,000 -- on the blueberry. we always enjoy showing of our favorites. here's another function, q uic go. that will take you to our quick on timely topics. here's a quick take from this week. bang,tty chitty bang blad

paul barker has died. the chairman broke the back of runaway inflation in the 1980's. three decades later, led barack obama'so rein in risk-taking at commercial banks. it was codified as the volcker rule. he passed away yesterday in new york at the age of 92. for more on his legacy, we are joined by michael, bloomberg's economic policy correspondent. you covered him from a variety of angles for several decades. he was the person who solved runaway inflation. what did he do that was so different? what did he invent in terms of monetary policy? michael: change the way the federal reserve went about carrying out monetary policy. . they targeted the level of the money supply which created a new class of employees at wall street forms -- firms. they had to figure out as best they could where they thought the fed funds rate would be trading. just from watching the money supply. that was a different way of doing it. it ended when volker left and they went back to the old system. but that was his contribution to the mechanics of monetary policy. vonnie: how was he so sure it would work? indeed, it eventually worked

paul volcker had died. the former federal reserve chairman broke away from runaway inflation -- brought the bank to and later,lation, during the obama administered and -- the obama administration, was brought in to create the volcker rule. for more on his luck as we are joined by stephanie flanders. clearly, volcker had an enormous career. he served under six presidents, both republican and democrat. started to really change the way the u.s. handles monetary policy. what would be his most outstanding legacy? stephanie: i think you're spoiled for choice because he was involved in some of the key landmark events in global economics of the last 50 years, really. andou even go back to 1971 the u.s. decision to leave the gold standard, which led to the collapse of the bretton woods system which had defined the local financial system after world war ii. he was a close advisor to president nixon in making that decision when he was at the u.s. treasury. he burst onto the scene again as the chairman of the federal reserve in the late 1970's and early 1980's, with a complete change in velocity -- in philosophy at the fed, a much tougher appro

final year and a half or so of the obama administration he now appears on cnn as an analyst of military and diplomatic issues. ladies and gentlemen, join me in welcoming paul richter and john kirby. [applause] >> thanks for coming out on a cold night here in dc. i don't think there could be a better time for a book like paul because the career foreign service has been brought to the floor of america's imagination in light of the impeachment inquiry and it doesn't matter where you are on the political side or you are for or against what they are doing. you can see just by watching any little bit of the testimony the last couple of weeks how professional and skilled peace men and women are in the ride from that some of the attributes they bring to the effort and they bring this going to professionalism to what they do, so i'd like to start because i know this was a bit long in the making but what gave you the idea for the topic, and by those foreign service officers? >> i started thinking about this when i started working the state department i was covering right after 9/11 and i noticed pretty soon but every time there was a new crisis in some part of the w

paul volcker has died at the age of 92. he was in charge when the fed tamed inflation in the 1980's and led president obama's big to risk-takingbig banks. for over half a century, volcker became a one-man cleanup crew. a cure for runaway inflation and a response to the housing collapse that triggered financial crisis. hong kong is facing its worst ever economic slump, with thousands of jobs under threat. shops preparing to close down forever. a survey by the retail management association says about a third of respondents are laying off staff, while more than 40% expect to go out of business in six months. months of unrest has pushed hong kong into recession, affecting tourism and hospitality hard. taiwan's exports rose the most in more than a year on higher demand from china, highlighting the status from a crucial chip supplier in the rollout of 5g. outbound shipments climbed 3.3% last month, the fastest pace since october last year. economists had been exciting an increase of about 1%. deliveries in china rose 8% and almost 70% in the u.s. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than

obama administration. he now appears on cnn as an analyst of military and diplomatic issues. so ladies and gentlemen, please join me in welcoming paul richter and john kirby. [applause] >> good evening, everybody. how are you all? thanks for coming out here on a cold wet night here in d.c. as mr. graham said, i don't think they could be a better time for a book like paul's, because the foreign service, the career foreign service has really been brought to the fore of america's imagination now in light of the impeachment inquiry. it doesn't matter where you are in theer political second whethr you're for or against what they're doing. and impeachment, you can see just by watching any little bit of the testimony the last couple of weeks have professional, how skilled these men andks women a, and sort of derived from that some of theo core attributes thy bring to the effort. which is not unlike in many ways the way the military brings a skill and professionalism to what they do. i'd like to start, paul, because i know this is a book long in the making but what gave you the idea for this topic, and why does four foreign service officers

greenspan replaced paul volcker as fed chairman, but even afterwards paul volcker was a major political influence right on up through barack obamaid the volcker rule and all of the things. he never once gave up on policy. i mean, he started with at least with him was in 1970 in the white house and he was a masterf ul person at that time as well. i thought his advice was extreme ly good on monetary policy when he was undersecretary of the treasury and when then he implemented it, it really works. i just wish he hadn't been so tall. i had to lean up into the sky to get to him. neil: he was a very tall guy and you mentioned the volcker rule and his concern and he expressed this in the last interview we had some time back that banks would become too aggressive with their investment activities and the like and there had to be a way to separate that but he was always afraid that he could re visit bad things if he gave them too much power. what do you think of that? >> i don't think he was right on that at all. i mean, you know, when you takeaway an opportunity to make losses, you also takeaway an opportunity to make profits as well. i

president obama after the 2008 financial crisis, pressing to restrict commercial banks from making risky iestments, a controversial reform known as "the volcker rule." for the newshour this is paul> woodruff: paul volcker was 92-years-old. still to come on the "newsur," a bluster trove of documents unveils the lies undergirding the war in afghanistan; amy walter and tamara keith on the moves from the democratic campaign trail; and singerlalate songwriters morisette's "jagged little pill," a milestone of '90s rock opens on broadway. >> this is the "pbs newshour" and in the west from the walter cronkite school of journalism at arizona state university. >> woodruff: this is a blockbuster story, the years of several years of reporting and legal pursuit of government documents. for the last 18 years, according to the government reports obtained by "the pos" senior u.s. officis have been misleading the american public fghanistan.ar in a john yang has the story. hn yang has the story. >> reporter: judy, it was "lessons learned," a project started by a special inspector general tasked with probing u.s. operations in afghanistan. and those lessontell a very different private story-- one

paul krugman in the "new york times" said that president obama should increase the tariff on china bys going to cause a recession. absolute hypocrisy. the reality is president trump is the one man we have had in the white house over the last generation that says what he does and does what he says. now, if you have got a problem with his character, i guess honesty is your issue. he is a great president. ed: imagine that a politician doing what they say. peter morici. thanks for coming. >> in take care. ed: turns out the president is like many of us when it comes to christmas gifts. he waits a long time. >> what did you get mrs. trump for christmas this year? >> that's a tough question. i'm still working on a christmas present. ed: he is still shopping. do you wait until the last minute as well? we will talk about it coming up ♪ ♪ ♪ ♪ making it smaller. and you'll be surprised at how easily starting small... ...can lead to something big. start stopping with nicorette at bass pro shops and cabela's. with savings of up to 50% on select men's and ladies' clothing; footwear; fishing and mar

obama's economic recovery advisory board. his career spanned 10 presidents. his daughter confirmed he died. former fed chair paul&e has agreed to pay survivor's $13.5 billion. attorneys representing many of the survivors of the north bay wildfires 2015 through 2018 held a meeting in santa rosa to provide details of the settlement. the lost their homes say they have questions about the process to receive payment. >> what is the criteria, the time, and what is the range of the payments? that's what i can for today. >> $6.75 billion cash. $6.75 billion in stock. they will go into a trust fund established for all the victims. >> the deal took three years to put together. attorneys say things go according to plan survivors could start receiving payments late next year. >>> happening today bay area ups drivers and some fedex drivers say they will stop working at 2 pm and they will pull their trucks off the road at noon. this is to honor the life of the ups driver killed on the florida highway during a shootout last week between police and the two men who hijacked his delivery truck. his family now demanding answers as

obama. when trump got in there, they said now you will never see the bill. now it is coming back and harming him. in kansas city, missouri, he announced he was going to retire. host: paul in california, republican. caller: good morning. i just wanted to say i can't believe nancy pelosi would do such a cowardly thing like this and try to impeach a president -- host: josephine, independent. caller: good morning. say so manyle things off the top of their head because they could not have been listening to what was going on. unfortunately, i am handicapped and in a way, it is a good thing because it forces me to listen to everything. let me begin by number one, number one, there are 400 bills -- let me repeat, 400 bills that have passed the house, including bills for reducing the cost of prescriptions. and where are they sitting? on mitch mcconnell's desk and he , refuses, refuses to vote on these bills. host: what does that have to do the impasse? caller: what does that have to do? i life. nothingear people say has been done in the house, let me get it straight, 235 bills were bipartisan. why did mitch mcconnell come president of the united states? host: the president yest