isn't there a kevin cirilli protocol to how this gets done? vin: look, when i was growing up, my parents had an expression, what goes on in our house stays in our house. so as a journalist, i will not meander into their family politics. but i will say that this is the talk of the town in washington, d.c. here is a senator from texas who likely will run for president in 2024, is laying the groundwork to do such, and his estate is facing a massive, massive catastrophe, from an economic, from the pandemic, the economy, and now the energy sector problem. tom: what is important to me, kevin, is isn't there a method where these people can lead normal family lives by getting out front of the obvious disaster of a video of him going on a plane to cancun? there has got to be a better method to taking a break. kevin: i mean, there is no way to look at this other than it was a self-imposed foul. lisa: kevin, just tell tom, if he pre-announces it, he can go to cancun with the family. that is basically it. jonathan: that is what this is about. kevin: just p

let's save ourselves with kevin cirilli. there will be a defense for president trump today. should we listen for? kevin: three or four hours of testimony coming from the lawyers today. he is in mar-a-lago and has been assured by top senators that he faces no chance of a conviction. i've got to be blunt. oath sides would like to see this trial and and for them to move on to other issues like the stimulus. tom: one of the papers talks about the assuredness of a saturday closure. is that possible? kevin: it's possible the senate could wrap this up as we've said from sunday or monday. jonathan: let's talk about objectives of the former president. a lot of people would like him to do certain things this weekend if we wrap up. what are the objectives of the former president once this is behind us? kevin: the economic stimulus. it is really working its way through the committees. i spoke with carolyn maloney of the oversight committee. she said they been continuously being in markup for these bills. they are going through the process. i spoke with rendon boyle from pennsylvania. he

kevin cirilli is the best guest of the day. kevin cirilli, bloomberg radio. the gentleman giving the advice to the president of the united states, jared bernstein of the council. this is bloomberg. good morning. ♪ ritika: this is bloomberg surveillance. it is the biggest internet ipo since uber went public in 2019, shares of cash of technology rose 161% and there hong kong debut. the company operates one of china's most popular video services. it brought in $5.4 billion in the ipo, attracting hundreds of billions of dollars. a speculation that apple is seeking to develop its own electric car. kia motors is talking to potential partners about a plan to assemble an apple designed car. japan's nikkei newspaper says apple is in talks with six automakers. shares of gamestop resumed falling. the videogame retailer fell 42% yesterday, pushing its collapsed -- it's collapse past 80% this week. retail users are using twitter and read it to communicate, now moving onto other sectors of the stock market such as small drug developers. that is your bloomberg business flas

kevin cirilli joins us. how does the former president affect trump plus working out of mar-a-lago? n cash i think we -- >> i think we in the media over complicate this. tom: what's he going to do? >> it's fascinating to watch the media do this. you've got 10 republicans who voted for impeachment. the former president will likely primary those folks with some type of outside money movement pack. you've got other potential raises. some states have been in the news recently where you could foresee some former trop -- top trump agency officials running. the former president could be a kingmaker. i've spoken with sources directly close to the former president over the weekend and if you look at the issue of election integrity, he's not going to back down on that. republicans can criticize the notion of what went down for how he wrongfully accused there of being election invalidity without evidence. but the issue of election integrity at the state legislator level. we saw stacey abrams rise on the left. one could make the argument as people close to the former president are that there cou

emily: senator mark warner there with kevin cirilli.be following that hearing on tuesday throughout the day. that does it for this edition of bloomberg technology. i am emily chang in san francisco. bloomberg daybreak: asia is coming up next. this is bloomberg. ♪ ♪ yousef: this is "bloomberg daybreak: middle east." manus: hsbc says it is cautiously optimistic for 2021 after profits beat estimates for the fourth quarter. we hear from ewen stevenson this hour. yousef: the white house chief economic advisor tells bloomberg it is risk. manus:

with kevin cirilli, i have eight ways to go but the stimulus is front and center.f the democrats need motivation , it is called march 5, 2021 when we get the next labor report. what is the urgency to actually get something done? kevin: today speaker pelosi will kickstart the reconciliation process in order to continue on the procedural pathway for the stimulus to be advanced. some democrats saying in the next two weeks -- other republicans suggesting that could happen in the next three to six weeks. i spoke with jared bernstein of the white house, who said despite lacking any significant republican support and following along a partisan vote from a procedural vote last week, they are still not necessarily saying republicans will not be named to a reconciliation committee in order to hammer out the finalities of this $1.9 trillion stimulus deal. tom: again, the urgency that is out there in small business america. you have any understanding of when there is action and not talk? kevin: i think the procedural vote from speaker pelosi's perspective and the votes last we

for more, we are joined by kevin cirilli, chief washington correspondent. kevin: definitely, the stimulus talks are moving along and on pace for final passage in the next three to six weeks, i'm told by senior staffers. in the house of representatives, pieces of the bill are making their way through the committees. meanwhile, in the senate, they are going to bypass that. the bided and adminstration say they are working with republicans -- the biden adminstration say they are working with republicans at the state level. this as republicans in the senate are saying, why aren't you working with us. because the admin astray should has decided to go around republicans in congress, that is going to -- the administration has decided to go around republicans in congress, that is going to speed up the process, which could have taken anywhere from five to seven months. i just got off the phone with a senior staffer to congresswoman lizzie flesher. she represents the -- congresswoman lizzie fletcher. she represents the houston area. she represent many who are without p

kevin cirilli is joining us with more. what happens next? kevin: let's pick up where michael left off because this morning we are seeing democrats including janet yellen saying that there needs to be more stimulus as a result of this weakened jobs number that has come across the terminal. where things go from here, next week the house of representatives likely going to have some type of reconciliation measure in order to match some of the words with the measure that passed just a couple of hours ago that you alluded to after a marathon overnight procedural vote in the senate. vice president kamala harris casting that first tie-breaking vote in the biden administration. based upon my reporting, this is increasingly shaping up to be a partisan battle. passage of a 1.9 trillion dollar stimulus likely expected in the next three to six weeks. guy: kevin, thanks very much. it has been a long week, a very long week. a very long two weeks. kevin cirilli in d.c. kpmg chief economist, i want to start with the payroll numbers and then we will talk stimu

jonathan: kevin cirilli, chief washington correspondent, host of "sound on" on bloomberg radio, 5:00 on bloomberg radio. what you said earlier, it sounded like senator warren. [laughter] kevin: i am not trying to step on anything. jonathan: i said committee hearings could be boring. lisa: that is stepping on something. [laughter] tom: this is the longest interview he has ever done with us. lisa: i thought that was fabulous. the question of taxing versus deficit spending is huge. tom: i have like eight more questions, but i know there's no time. jonathan: shortly, we will catch up with mike wilson of morgan stanley. i am looking forward to this conversation. a man who has a price target of 20 800, and sticking with it. that is the more important part of this call, what happens -- of 2800, and sticking with it. that is the more important part of this call, what happens beneath the surface. tom: that is one of the best bet midler songs, "the churn beneath the surface." jonathan: i don't know. why did you bring up president's day a week after? tom: we have a week where we have three pres

tom: kevin cirilli, our chief washington correspondent, joins us on the streets of washington.ant to talk about the delightful maxine waters. she and i had a conversation a couple of years ago about how she became a politician out of the riots in los angeles decades ago. she's 82 years old. what is maxine waters going to do today? kevin: maxine waters, and many ways, is the original alexandria ocasio-cortez, and as you mentioned, has had a prolific career in the house financial services committee especially. so to your point, she is fiery, she is not afraid to get into a back-and-forth with whomever is sitting in the confirmation chair were in the hearing chair. yesterday on "bloomberg sound on," i spoke to mick mulvaney, who has been grilled by chairwoman maxine waters. if you think senator elizabeth warren goes after whoever is in the financial industry taking questions, chairwoman waters takes it one step further. in talking with staffers on the committee over the past couple of days, this is going to be a fiery hearing. tom: ok. what will you watch for? help our audience. w

jonathan: kevin cirilli, thank you. will notice the energy difference at 624 and seven hunt -- 6:24 and seven tony for time. once the caffeine kicks -- 7:24. once the caffeine kicks in, he is a different man. tom: we are all excited to tell you the real yield is expanded out to 30 minutes. [laughter] look for "bloomberg real yield" with jon ferro, expanded edition, this friday. jonathan: you can tell i'm not happy with you with something, and why you've done this. it is very impressive. tom: there's a rally for an hour show. jonathan: this is basically acknowledging you have been misbehaving the last couple days. lisa: do you guys want to work something out? jonathan: we do. right here, right now. 1:00 p.m. eastern time, looking forward to you doing the war impact again, tom. are you going to do that with a nice little lead in? tom: will do something like that. real yield has come in nicely. [laughter] -.9 six, seriously, it has come in nicely. jonathan: and a couple basis points. there were some suggestion that maybe w

jonathan: kevin cirilli, down in washington, d.c., thank you. he is warming up. take a bit of time off, you come back. lisa: being braded by the team for a sabbatical. kevin: i can't feel my face. i'm prepping for the weekend halftime show this weekend. jonathan: i wish we had a phone and a camera like five years ago. when tom keene found out the weekend is performing -- tom: i love his team effort for you can tell he goes into the studio and there are no egos, nothing, it is him in 10 people putting it together. lisa: just like surveillance. jonathan: just like surveillance. [laughter] tom: can i say something? can we get back on script? steve ratner killing it with joe and mika. if you make more money, you don't spend the stimulus check. it is like this, killing that idea. jonathan: well, that is the issue. if it is stimulus, what are you stimulating an economy that is still shut down, tom? where does the money go? tom: gamestop. i don't know. jonathan: what has tom ever said let's get back on script? when did this start? lisa: this is fantastic i will keep on s

right now in washington, kevin cirilli joins us, our chief washington correspondent. notice a jumble of political news, and no real articles on the stimulus. fold the present honeymoon is over jumble, etc., into getting the stimulus done. kevin: first and foremost, i am hearing there is likely going to be a house vote on friday, and that puts secondly he senate and play for next week. finally, the minimum wage issue now the forefront, i am struck by senators mitt romney of utah and tom cotton of arkansas, two republicans who came out and actually saying that they would like to raise the minimum wage to $10 an hour over the next couple of years, but they have juxtaposed it with some more increased regulations for workers who are here undocumented, so they have juxtaposed the immigration issue with minimum wage. either way, it is a fascinating dynamic to have someone as conservative as senator cotton working with someone who is much more centrist like a senator romney. tom: to me it is remarkable that we can't figure out a constructive minimum-wage model over different s

let's pick up on this conversation and talk to somebody who knows what they are talking about, kevin cirillir chief washington correspondent. i need to rip up the script. at what point do they begin to really compromise on a $1.x trillion deal? kevin: now. to your point, whether it is joe manchin, houston cinema, or john -- kyrsten sinema, or jon tester, these are centrist democrats. and guess who is on the budget committee? bernie sanders. on the minimum-wage issue, which is been a sticking point for sometime now, this is going to come down to whether the biden adminstration wants to make a deal with centrists or progressives, and a deal will ultimately get done, but that backdrop, who he sides with, that backdrop is going to set up every other fight for the next year and a half. jonathan: i find it amazing that the likes of somers and blanchard are making the argument in financial circles. it is not good when a former treasury secretary, a former democratic treasury secretary, is raising a lot of important questions about your very large fiscal plan, and a lot of people are siding with the

kevin cirilli, chief correspondent -- chief washington correspondent.a, let's turn to the question of infrastructure investment. maybe 10 to 20 years ago the idea to the investment of dealing with the cold snap -- cold snap might have sounded insane. you deal with tail risk and it is a tail risk. now, some people asked the question, is it the echo will these things occur with more frequency and therefore need to make the kinds of investments in infrastructure to deal with this better? lisa: is it now the exact time to do it given the fact we have an unemployed that rate as highs it is? you want to generate some sort of job creation. how much energy are democrats going to take away from that trying to push through a bigger than some want kind of stimulus plan to fill the productivity gap ahead of the infrastructure plan? jon: this is exactly the question that former secretary summers raised two fridays ago, have you sucked all of the oxygen out of the room with the spending plan that does not address infrastructure spending? when you come around to doing

for a preview, we turn to kevin cirilli. kevin, set the stage for us. are moments away from maxine waters convening this hearing on gamestop, on robinhood. it is drawing a lot of attention. three things to watch for. first, does gamestop -- do gamestop and robinhood plan for the long-term and try to have a seat at the table of the regulatory onslaught of questions they are facing after the political theater of today? will some republicans align with democrats, like congresswoman alexandria

for a report on this busy day at the white house we welcome our chief white house correspondent kevin cirilliemarkable developments from president biden's remarks. three major points we should note. first and foremost is president biden is looking to convey a different geopolitical tone than president trump. he said the united states will "keep the faith on article five," reminding folks that that means an attack on one is an attack on all as it relates to america's alliances with our western allies. he drew a contrast and saying the united states will not

we welcome now kevin cirilli. what we expect to hear from the defense today? ch is what we heard from the prosecution. it is going to be about half the time, i am told from sources staffing on the capitol hill. the former president's attorneys are going to lay out a constitutional argument that, number one, they say a former president cannot be impeached because he is no longer the occupant of the white house. secondly, they are going to point to this notion that he in no way wanted there to be deaths on capitol hill. all of this comes as the current

to set the stage welcome our chief washington correspondent kevin cirilli. what are we expecting? he phone with a democratic source to walk me through the procedure. the democrats in the senate and president biden at the white house are hoping this trial does wrap up by early next week. they don't want this to dominate the news coming out of washington, d.c., especially as stimulus talks continued to intensify. in the next hour we anticipate the second impeachment trial for former president trump will begin underway -- be getting underway with each site getting about 16 hours to make their case.

kevin cirilli joins us now with more. what is the timeline. kevin: we are going through the process. house committees in charge with different portions of the $1.9 trillion stimulus bill are meeting throughout the day, even as in the senate the impeachment trial has dominated all of the timetables with regards to the scheduling for the stimulus. i have to be candid. i spoke with a source yesterday. the reason the senate committees are not able to go in advance the stimulus package is because they are tied up with the impeachment proceedings. in terms of purely a political matter, when you look at the calendar, i am still hearing three to six weeks for an ultimate passage of the bill because democrats have decided to bypass trying to garner republican support. the speediness for which they are going to be able to get this through is different depending on your political leanings is much quicker than it would have been if they would have tried to have done a bipartisan package. guy: stimulus just one part of this puzzle. semi-different pieces fit

kevin cirilli is joining us. the battle is around the minimum wage. what are you hearing? marsha blackburn said they are ready for a political battle once the house of representatives likely advances the stimulus bill later today in the senate. there are a host of different republicans suggesting they are not ok with the $15 minimum wage increase over the next couple of years, whether it is senator tom cotton, mitt romney, who are suggesting there needs to be a gradual wage hike over the next couple of years, or hardliners like senator blackburn who are saying no way, know-how, they will never get on board. lisa: isn't this out of the provision or out of the bill? how could it make its way in? kevin: it is precisely how the timetable goes for the wage hike. i will be candid. when you talk to industry groups outside of washington like the restaurant association, for example, there are some major concerns they have for small size businesses, small sized restaurants about the legitimacy of them being able to afford something like this. already, when you talk to some republica

kevin cirilli joining us from d.c.. let us get a market perspective, is more stimulus required. is market starting to sniff out the possibility. the u.s. recovery is accelerating at the same time the euro one is not. the cohead of global fixed income joining us to give his take. i do not know why i did that. mike, let us talk a little bit about -- that was a weird moment, wasn't it? let us talk a little bit about this data. the data in the states is good. if we get more stimulus on top of this, how fast could the acceleration be? mike: i definitely think that the second half can be very significant, growth like we have not seen in a long period of time, but that does not change the fact that there are so many people that need assistance, and i think what chair yellen, now secretary yellen and other people are talking about is that they are trying to avoid a scarring situation, a situation where companies are nervous about rehiring. individuals move out of their homes, where if you gave them three or six months to bridge the gap they would stay in their homes and you would avoid

i want to pay particular to kevin cirilli tonight at 5:00 on bloomberg radio. david westin with ben cardin of maryland. look forward to that. this is bloomberg. good morning. ♪ ♪ jonathan: from new york city for our audience worldwide, good morning, good morning. "the countdown to the open" starts right now. we pulled down from all-time highs. we begin with the big issue. when is hop too hot? >> we should not ignore the inflation trade. >> inflation moving higher. >> the 10 year breakeven is 2%. >> where that number gets 2.5%, it does turn into a little bit of a headwind. >> as there is more stimulus, you increase inflation expectations. >> fiscal policy in the driver seat. >> it will drive real rates up. >> growth will be accelerating. >> you can see a big inflation scare. >> a fair amount of tolerance. >> we are expecting sustainability of monetary policy. >>

jonathan: kevin cirilli and sarah, for you down in d.c., is this just the theater or is this substance

tom: now to washington, kevin cirilli joins us.ant to go to senator brown in casper, indiana, way down south, where the indiana basketball hall of fame is, which is the only thing that matters. he is from my different place than a lot of the democratic power. jordan we know from ohio. then you have the position from the louisiana upset at the lawyers yesterday. how does president trump react and coalesce those three different republican voices forward? kevin: i think it is less about what former president trump thinks in terms of where the party is and more about what leader o'connell thinks. i think to your point here, that was a brilliant lead in with the thought string we shared because it captures the divide of where republicans are and where republican constituents are throughout the country. i was shocked by a cbs poll over the last couple of days in which you have 56% -- 56% of americans want to see a conviction in the united states senate, and i bring this up because republicans are divided. so, because republicans are divi

transportation secretary pete buttigieg dirt -- joins a radio with kevin cirilli .omberg. ♪ alix: let's check in on bloomberg first word news, the house expecting to approve president biden's coronavirus relief bill today. that will bring most americans one step closer to receiving a $4000 payment. it is unlikely the measure will include an increase in minimum wage. the senate parliamentarian ruled that cannot be considered under the fast-track procedure being pushed to get the stimulus package through congress. donald trump will declare himself to still be the leader of the republican party this weekend. he will speak to a conservative group in florida sunday. a senior advisor says he is unlikely to say whether he will run for president again in 2024 but will crush opposition in the republican party. the european union, the ecb president says unless the bloc hurries apple and google will step into the vacuum. she says tech giants are in talks with the world health organization about some kind of vaccine certificate. global news 24 hours a day, on air and on bloombe

tom: this is a partition emily wilkins and kevin cirilli are talking about. do you apply income replacement and income substitution. i am not fearing that yet in washington they are targeting those who've been hammered. jonathan: let's get the board up quickly. tom: i decided to do my lisa thing. did i do ok? go. jonathan: futures up about nine basis points. in the fx market, euro-dollar 1.2037, down .2%. we have a weaker euro story. intriguing stuff. euro-dollar 1.2037. might have the move towards 1.30, we break down. in the bond market, yields up on the curves steeper. yields up three basis points. tom: weaker yen gets my attention. a lot of calls for range bound and even some for a stronger yen. 105 is the point today. brent, we are not near $60. that is the benchmark. this is the most constructive tape i've seen in ages. jonathan: can i promo my show? tom: which one? jonathan: the one that starts in 20 minutes? lisa shalett of morgan stanley. krishna memani. that will be very good. tom: equity markets a little way from gamestop. jonathan: thank you for al

tom: right now we get to buy in on the expertise of our chief washington correspondent kevin cirilli. emotion is evident. there is different categories here. people ignoring impeachment, people completely focused on it. i want you to explain the next step for president trump's lawyers. what do they do to recalibrate after the emotion of those videos? kevin: there was a report earlier this week where senator lindsey graham spoke with former president trump and said even despite the opening arguments of the house impeachment managers of the democratic party that he faces virtually no chance of being convicted in the senate. all of the comments that are going to be coming over the next eight hours of time that the former president's defense attorneys had to make their case. as you just alluded to the politics of this moment in the republican party, the senators are already entrenched in their respective camps. there's a lot of calculations being brought into how a particular senator arrives at the conclusion. for some it is based upon -- tom: come on kevin, there's one calculation they h

kevin cirilli, chief washington reporter. patients running thin -- patience running thin.: you went over the political maelstrom that is out there. it is february. we are deep into 2021, what are we going to be talking about in may? jonathan: 10 year yields, who knows at this rate? i'm joking. tom: i thought last year was over december 31, i was wrong. jonathan: i'm looking for to the conversation up next, sarah nielsen. how the ecb would respond to it. a really important conversation coming up. this thursday morning, good morning to you all. we look a little something like this. yields up six or seven basis points. in the equity market we are down about 2/10 of 1%. it is the no drama story still. tom: until we get to 12 noon today or 2:00 p.m. jonathan: we will talk more about that from new york city this morning, alongside tom keene and lisa abramowicz, i'm keene and lisa abramowicz, i'm jonathan ferro. - [narrator] this is kate. - hey. - [narrator] she takes two prescriptions. kate's son jack, takes one too. kate works hard, and thought she had good insurance. but she s

right now, kevin cirilli on impeachment watch, our chief correspondent out of washington.ve shelby of alabama retiring, to of pennsylvania retiring, and all of these other names -- toomey of pennsylvania retiring, and all of these other names. now the senator of kansas. how does senator moran adapt to his republican in this impeachment? kevin: the same way chairman ron johnson has adapted to the republican party. it is a great point because i think yesterday, when i was talking to sources on the republican side, what they told me is that right now, there is a power vacuum in the republican party. from the political perspective, where to look at the republicans and their comments during the impeachment trial, it is going to be a very telling sign for the various republican camps ahead of the new midterm and presidential cycles. tom: will the former president be visible in the process? do you foresee that donald trump will be silent, ensconced in florida? or will he be visible through the process? kevin: he will be releasing through his attorneys and his spokesperson some st

kevin cirilli joins us from washington, our chief washington correspondent. ng to assume the honeymoon is over. what does your capitol hill look like with the honeymoon over? kevin: it has actually returned to some sort of normalcy. we've got the gamestop hearings set to begin, and i think that the focus is about 10% to 15% of staff on capitol hill has returned to office. it is a very somber mood, but really, as you mentioned, a return to normalcy, an adjustment of sorts, but there is still a troop presence, but things are getting relatively back to normal. tom: what does that mean for you in terms of getting legislation done? is it a gridlock? is it a new kind of gridlock, with democrat, democrat, democrat? kevin: i think the two main issues shaping this week's conversations from a policy level are obviously the stimulus talks continuing, and i would anticipate that its final signage sometimes within three to four weeks on president biden's desk, but secondly, energy and infrastructure as a result of texas blackouts. i think there has been a conversation abou

jonathan: we will talk about that with kevin cirilli. this from hsbc, c major putting up the following research the last hour. "humble pie." the leftovers because volunteer. goes on to say, you have the near term reopening risk, longer-term secular story remains intact. looking at what we have seen the last 24 hours. lisa: if you look at the inflation expectation, very important, the ideas the inflation expectations over the near term are substantially higher than longer-term inflation expectations. this has not happened since the last financial rises. basically, people are expecting it to overshoot in the near term and fall back to that low growth, low inflation trend. how do position for that? jonathan: this is consistent with fed guidance. what is that is moving the fat hikes and lifting the trajectory as well. that was the inconsistency in the last 24 hours. lisa: the seven year bond option yesterday, we talked about the expectation. it was a terrible auction. he basically was looking at it was a record low bid to cover ratio that ba

the stimulus today, what are you and kevin cirilli going to watch for?n the lure of the marble halls, what is the stimulus thing that is of interest today? emily: this is a huge test for democrats, the first time they are trying to pass a bill. they only need democrats to vote for it, but can they get all the democrats on board? there is a lot of consensus around the bill but a lot of debate, particularly around the $15 minimum wage. later this week, particularly when it goes to the senate, that is where that could hit some rough terrain. tom: over the weekend, for those eating caviar or big mac meals or whatever, people not focused on the market. really at risk to be part of the biden administration. is that the beginning of the power of the moderates, and will we see that kind of power in the stimulus debate? emily: on track to be omb director until joe manchin came out and said he would not be supporting her. at this point it does not look like there will be any republican supporting her either, so yes, her nomination is very much in jeopardy right no

bloomberg chief washington correspondent kevin cirilli has more. kevin: significant developments on the u.s.-china front as president biden is set to issue executive orders for a 100 day review period on u.s. reliance upon global supply chains, not mentioning specifically china, but this no doubt is all about china, particularly with a shortage in the semiconductor field that has left auto plants around the country idle. on capitol hill, democrats in the senate taking these marching orders from the biden adminstration very seriously. senate majority leader chuck schumer, the top democrat in the senate, saying he is calling for republicans and democrats to issue some type of legislative framework to match than overreliance on china for the supply chain. in the last congress, there were dozens of bills that addressed this on both sides of the aisle. it will be very frank, this is one of the rare areas where republicans and democrats agree. guy: it is going to be interesting to see what it actually results in. dear logistics around this are pretty comp

tom: do you want to tease white kevin cirilli while we are at it? jonathan: 5:00 p.m.rn time on bloomberg radio, bloomberg politics. tom: it is a tease fest. jonathan: if you want to stick with tv, you will see me. four just go home with lisa. -- or just go home with lisa. i'm gone. this is bloomberg. ♪ karina: a new study says pfizer biontech vaccine could help in the coronavirus pandemic. the findings revealed two doses of the vaccine were overwhelmingly effective in almost 1.2 billion people in israel. the study was published at the latest edition of the new england journal of medicine. on capitol hill, the fate of the democrats' proposed $15 minimum wages up to the senate parliamentarian. the parliamentarian needs to sign if it will be allowable under the rules said to govern debate. the president has revoked a series of executive orders and then was issued by donald trump. butter versus a measure rolling back the dodd frank regulations. another ends of the van on new green cards -- ban on new green cards. going is moving to replace engine covers on the 777 after l