david long also from c.g.a. will be here to present. the next item after that is an information item report from the mayor's disability council. after that there will be a report on correspondence. after that, another opportunity for general public comment not related to items on the agenda following that is general councilmember comments and announcements, followed adjournment. >> co-chair pelzman: thank you, debbie. we're ready for our initial public comment period. >> clerk: i'll introduce that. at this time, members of the public may address the council on items of interest to the public that are within the subject matter jurisdiction of the council that are not on this meeting agenda. with respect to agenda items, your opportunity to address the council will be afforded when the item is reached during the meeting. each member of the public may address the council for up to three minutes. the brown act forbids the council from taking action or discussing any items not appearing on the posted agenda. that includes items raised during

who cares as long as you get to carbon neutral? davidhave been a lot of attacks on asian americans in the united states recently, physical attacks among other things. when you were growing up, when you were in the united states, did you suffer discrimination or attacks? what do you think can be done to ameliorate this problem? sen. duckworth: i think most asians have this sense of otherness and of course i felt that here on the mainland united states. i did not feel that so much in hawaii, where that is a majority minority population there. on the mainland, certainly. i have had americans come up to me and say things to me like where are you really from? even while i was wearing our nation's uniform with our american flag on my shoulder and u.s. army on my chest over my heart. the most ridiculous questions like, what do you mean where my -- where am i from? i am american just like you are. that is almost uniquely and an aapi experience. if you talk to any asian american, they will tell you that has happened to them. david: not too long a

i hope to stay in the senate for very long time. davide president biden has been president, has he called you for advice? do you get to see him much? do you get to go to the oval office? i assume you go more than under president trump? sen. duckworth: i did not go at all under president trump. and i had never been to the oval office until president biden became president. i have actually had two visits in two weeks just last month in april. i was there. he asked me to join him for a discussion on manufacturing in the united states. i have worked a lot on the renaissance of manufacturing from the midwest. illinois is a major manufacturing state. we have more tool and dye manufacturing than many other parts of the country. number one and number two depending on who has the biggest order that week. i was there for a meeting on a api representation. i've had multiple trips already. david: the life of a senator is one where you are in the senate during the week, typically weekends or every other weekend you have to go back to illinois and you

i hope to stay in the senate for a long time. davide president biden has been president, does he call you for advice? do you go to the oval office? i assume you go more than when under president trump. sen. duckworth: i never went under president trump and i had never been in the oval office until president biden became president. i have actually had two visits in two weeks, just last month in april. i was there. he asked me to join him for a discussion on manufacturing in the u.s. i have worked a lot on the renaissance of manufacturing from the midwest. illinois is a major manufacturing state. we have more tool and die manufacturing than any other parts of the country, number one and number two depending on who has the biggest order that week. -- we have more tool and die manufacturers than many other parts of the country. we are number one or number two, depending on who has the biggest order that week. and i also was there for a meeting on aapi representation and issues of hate crimes against aapi. so i have had multiple trips there

david: not too long ago, president biden when he was former vice president of the united states consideredbe vice president on his ticket. any disappointment you were not selected, and would you consider running for president yourself? sen. duckworth: no -- no regrets that i was not selected! it was an interesting process to go through. i am pleased i made it pretty far in the process, but i have got to say, i am really happy being a u.s. senator. i have more control over mike schedule -- my schedule. i could not be happier. david: since president biden has become president, has he called you for advice? i i -- sen. duckworth: i had never been in the oval until president biden became president. i visited him just last month in april. i was there 0-he -- he asked me to join him on a conversation -- in a conversation on many factoring in the united states. illinois is a major manufacturing state. we are number one and number two depending on who has the biggest order that week. i was therefore a meeting on aapi representation and hate crimes. david: the life of a senator is one where you are

long time. what do you make of this ? oops. davidologize for having my volume down but tim tebow is one of those guys you just want to root for he's 33 years old been out of the league for a long time, but he has great relationships with a lot of people, including urban meyer who he won two national championships down in florida so he gets the benefit of the doubt so to speak, he's playing a position he's never played before, we know he's a versatile athlete because he played football and basketball, and minor league all-star game, hit home runs so we know he has the desire, the ability. the again is does it make sense? and if you're jacksonville and kind of resetting who you are and what you're all about, tim tebow is kind of the perfect locker room guy, even if he ends up not making this team, david. david: well, you mentioned urban meyer and for those , he's a very interesting coach, he's the new coach of the jaguars. i guess he came in in january something like that. he's very big on looking for leaders, and sometimes, he will pu

david had met cousin yet in the early 1990 s. . the polish photographer was quite elderly and haven't been to scotland for a long time. he asked david to search for his relief map. this was. true. to. a pool of water on the left here. shells everywhere from. and i reported back to him and he was so sad about it it looked so they're putting all this time into it all these trips over and so i just made this rush promise. david hadn't got very far with his promise until keith stumbled upon the map. then the 2 men founded a charity scotland and in 2013 the relief was finally fully restored. at the time britain was still a member of the e.u. with stop mind in the same political union as paul. of course this is no longer the case for heading for troubled waters here because i i have supported breaks it very strongly for a long time and still do so this is where david and i diverged i think it's a romantic idea that experience has shown to be totally impractical and i think a european union is a dysfunctional mess showing no signs of getting its act together i'm not going to accuse keith of having neither and most of mind or

david had met cousin yet trough us in the early 1990 s. . the polish photographer was quite elderly and hadn't been to scotland for a long time. he asked david to search for his relief map. this was. a pool of water on the left here. cartridge shells everywhere from clay pigeon shooting. and i reported back to him and he was so sad about it he looked so reserved for all this time and to all these trips over. so i had just made this rush promise. david hadn't got very far with his promise until keith stumbled upon the map. then the 2 men founded a charity scotland and in 2018 the relief was finally fully restored. at the time britain was still a member of the e.u. with stop mind in the same political union as poland of course this is no longer the case we're heading for troubled waters here because i i have supported breaks it very strongly for a long time and still do so this is where david and i diverged i think it's a romantic idea that experience has shown to be totally impractical and i think a european union is a dysfunctional mess showing no signs of getting its act together i'm not going to accuse piece of having narrown

sherry but the stuff we really need to live is going to continue to go our right said david that for you know a long time we might sell that place and 1.6 percent just got some data now they're saying oh it's 4.6 percent that's still seems the way i understand it david margan well i didn't hear it to john williams and i try to seek truth in all aspects of my life and john calculates the inflation rates based on how the calculation was done in 1980 if you use those metrics and used to do netaji the 2 things people need the most you have about a 9.7 percent inflation rate right now and they could be so holder who are a little bit further just answer this question for one of my members so while i'm worried about this inflation thing i know it's good for the metals but then higher interest rates push the gold price down as a pretty simple answer you have to look at what is the true. you inflation rate and what's the interest rate and look at those terms so what i'm saying is you have nothing to fear as it is straight to about 9 percent because that's the true inflation rate when volcker came in it just

david had met cousin yet to try farce in the early 1990 s. . the polish photographer was quite elderly and hadn't been to scotland for a long time. he asked david to search for his relief map. this was. trouble all told tall weeds a pool of water on the left here. and cartridge shells everywhere from cleavage and shooting and the same and i reported back to him and he was so sad about it it looked so they're put all this time and do it all these trips over and so i had just made this rush promise. david hadn't got very far with his promise until keith stumbled upon the map. them but 2 men found it a charity scotland and in 2018 the relief was finally fully restored. at the time britain was still a member of the e.u. with scotland in the same political union as poland of course this is no longer the case heading for troubled waters here because i i have supported breaks it very strongly for a long time and still do so this is where david and i diverged i think it's romantic idea that experience has shown to be totally impractical and i think the european union is a dysfunctional mess showing no signs of getting its act together i'm

we started--and it's a long story. davidou ultimately were trading cement, and then was it hard to get the money to keep that business going? aliko: no, it wasn't really hard. at that time, i was buying domestically. we started importation in 1980. because i started the business in '78. so by 1980, we started importing sugar, rice, you know, commodities generally. and then we stopped the cement business, because the cement, i was actually doing local trading. it wasn't really import business. we started import of cement in 2000. david: ok, so you had a cement trading business. somebody thought--lafarge-- maybe buying it. you decided not to sell because they wanted control, and you then decided to build your own cement-manufacturing business. is that right? aliko: yes. i decided in 2003 to build my own cement. at that time, nigeria was only producing about 1.8 million or 1.9 million tons. but we went ahead and started with 5 million tons of cement capacity. david: so what year was that? aliko: this was-- we started a building

david: so after you got a birdie, you said, "well, maybe i should stay a little bit longer and play"-- jack: no, i'd stayed longh, david. david: ok. so you've played with many prominent individuals over the years and prominent golfers. if you could pick any golfer to be your partner in a twosome, who would you want to have as your partner? jack: well, i think i would have to pick tiger today. david: ok. jack: but through the years, i never got to play with bobby jones, even though i knew him and really loved the man. i would have loved to have played with jones. and i would have loved-- i played quite a bit of golf with hogan. hogan was fantastic. david: you have also played with a lot of presidents of the united states. jack: i've played with a few. david: and which one is best? at playing golf? jack: well, the ones i have played with, actually, trump is probably the best player. david: really? jack: trump plays really well. he plays a little bit like i do. he doesn't really ever finish many holes, but he can hit the ball. and he goes out and plays and just enjoys it. but he has won several club championships.

david has a long resume foreign-policy jobs helping protect our country and this includes 11 years of the experience in u.s. navy reserves, he holds a phd in foreign policy from john's hopkins university. welcome. >> thank you, fred. >> i'm going to start off with one question and then i'll let our resident, is real expert take over and we may ask questions later if we have time. you helped implement an extraordinarily successful middle east policy embracing israel as a crucial u.s. ally, peace in the middle east. the trump administration (the biden which must more peaceful stable and hopeful middle east and it was left by the obama administration yet joe biden was only 122 days in office, we are not seen the worst outbreak of violence against israel in decades. u.s. israel relations are extremely strained, positive piece you and president trump left for president biden dissipated so quickly, what must president biden do to restore peace and stability in the middle east? >> there's multiple pieces to this but it gets more where we entered into thousand 17, you rumor ice is controlled

"i write with profound sadness to share that david swenson died yesterday after a long and courageousth cancer. david served our university with distinction. he was an exceptional colleague, dear friend, and beloved mentor to many in our community." tom: david wilson, from where you sit, is the endowment model blown up with all of the hedge fund alternatives? forget about archegos and all that. it used to be simple. you need to make 2% over the bogey. that was it. vanguard blue that up, and swenson said we can still add value. did he? david: he surely did. why is it that there are so many endowment managers that in essence owe their strategy to swenson's approach? it is clear he had something that other people sought to emulate. another piece of the puzzle perhaps is that as an individual investor, it is easier now to go the route that swenson did, if only because there are so many alternative investments that are being packaged into thin liking strange traded funds -- like exchange traded funds. tom: this package which david just nailed, we have become consultants businesses. jonatha

also senior fellow as coed policy center david has a long resumÉ of foreign policy jobs helping protectour country. and this includes 11 years of intelligence experience and u.s. navy reserves, he holds a ph.d. in foreign policy and affairs from john hopkins university dade, welcome. >> thank you, thank you, fred. >> mr. speaker i'll start off with one question an let our residentnt israel expert take or and we may ask some nonisrael questions later if we have time. mr. secretary, you helped implement an extraordinarily successful middle east policy that embraced israel as ally improved prospects for peace and middle east. the administration left president biden with a much more peaceful and stable and hopeful middle east than it was left by the obama administration. yet, joe biden with only 122 days in office seeing worst outbreak of violence against israel in decades. u.s. israel relations are extremely strained. part of the peace that you and president trump left for president biden dissipate so quickly and what must president biden do to restore peace and stability in the middle eas

david: yeah. >> it asset purchases as well as the long-term commitment to low fed funds rates that are pulling downless really break these inflation expectations to the upside. david: jeff and george, we have to leave it at that good to see you guys. thank you very much. >>> after the break why one california restaurant owner is blame agroing worker shortage on a growing leadership failure in the golden state. more "cavuto: coast to coast" after this. ... obsession has many names, this is ours. the lexus is. all in on the sports sedan. lease the 2021 is 300 for $369 a month for 36 months. experience amazing, at your lexus dealer. some say this is my greatest challenge ever. lease the 2021 is 300 for $369 a month for 36 months. but i've seen centuries of this. with a companion that powers a digital world, traded with a touch. the gold standard, so to speak ;) [typing sounds] [music fades in] [voice of female] my husband ben and i opened ben's chili bowl the very same year that we were married. that's 1958. [voice of male] the chili bowl really has never closed in our history. when the pandemic hit,

david: people in washington often measure one's power how long it takes to get your call return.hat about when you are at of commerce? >> it's pretty quick -- sec. raimondo: it's pretty quick so far. it depends on who you are calling. because of my career in business and my career in public service, i already have strong relationships with many people in corporate america so they know me. they return my call. there's a general desire to help this administration be successful because people realized we have to be successful. the business leaders i am talking to, they know we need to make these investments. they know we need to compete, they know we need to compete with china. they want to help us be successful. so when i call on behalf of this administration, calls are returned eagerly and they are engaged. david: let's talk about the tax increases. that will probably be more controversial. the president has said no tax increases for anybody making 400,000 or below. the people above that will see a tax increase that could go as high as 39.6%. do you expect that will be compromised

david, all five girls are in u.s. custody tonight and the surge we have seen at the u.s./mexico border has left more than 20,000 children in hhs care at those longm facilities. and david, that number has tripled since february. >> all right, marcus moore in houston. thank you, marcus. >>> when we come back here tonight, we're tracking severe storms across several states at this hour. >>> and the tiger owner arrested, but where is the tiger? people everywhere living with type 2 diabetes are waking up to what's possible with rybelsus®. ♪ you are my sunshine ♪ ♪ my only sunshine... ♪ rybelsus® works differently than any other diabetes pill to lower blood sugar in all 3 of these ways... increases insulin... decreases sugar... and slows food. the majority of people taking rybelsus® lowered their blood sugar and reached an a1c of less than 7. people taking rybelsus® lost up to 8 pounds. rybelsus® isn't for people with type 1 diabetes or diabetic ketoacidosis. dever had medullsus® if you or your family orave lt ea syyp or ilergic . stop rybelsus® and get medical help right away if you get a lump or swelling in your neck, severe stomach pain, or an alle

more towards getting federal democracy a long state of. david who leave it there for the bombing but thank you so much for joining us. now to afghanistan which has been gripped by vevo violence as foreign forces withdraw the taliban has now announced a 3 day ceasefire across the country to mark this week's eve holiday an announcement that comes after a weekend of bloodshed on saturday a bomb attack outside a girls' school in kabul killed more than 50 people most of them students and more relieved families have been burying the dead because of deadliest attack in more than a year the government has claimed the taliban which itself condemned the attack and denied the sponsibility. the attack highlights of the. future especially for young people many are scared about what life will look like once the u.s. military leaves are growing that all progress made in the last few decades could be eradicated 24 year old have money is a member of the national mutai team she trains about 70 students at a sports club in western kabul and she says she's scared a

david. isa a long way and they said in their statement that he has been martyred along with leaders of his brothers and which i he dean in the aggression office on their sites on the resistance sites in gaza so this this coals for a massive retaliation on this assists in nation of the. resistance has called it also the occupation where planes also a couple of like about about an hour ago. targeted a blood draw a complex it's a governmental complex near here at. the hospital for medical rehab elite ation also closing the hospital to be damaged. and this was and threatening and it threatened to tell were to be bombed and this is what we have just seen so this is this is what has happened in these late hours until now. all right give me a before we let you go we're just going to play the video again of what happened just a few moments ago 10 minutes ago as we were talking. of the building. after that that strike. you know tell us once again before we let you go for now just tell us what this building was why it might have been targeted as. well targeting such a building which only holds media and medi

david had met causing yet to trough us in the early 1990 s. . the polish photographer was quite elderly and hadn't been to scotland for a long time. he asked david to search for his relief map. this was. told tall weeds a pool of water on the left here. and cartridge shells everywhere from clay pigeon shooting. and i reported back to him and he was so sad about it if you look at this it put all this time and do it all these trips over and so i just made this rush promise. david hadn't got very far with his promise until keith stumbled upon the map. the 2 men founded a charity scotland and in 2018 the relief was finally fully restored. at the time britain was still a member of the e.u. with scotland in the same political union as poland of course this is no longer the case for heading for troubled waters here because i i have supported breaks it very strongly for a long time and still do so this is where david and i diverged i think it's a romantic idea that experience has shown to be totally impractical and i think a european union is a dysfunctional mess showing no signs of getting its act together i'm not going to accuse piece of

david: judging a jury how long they have been out. hard to tell. blake, good stuff. d. david: look at a wild headline we saw from "national geographic" this week, suggesting that meat production leads to thousands of air quality related deaths a year. this is where the country is in a energy crisis where gas lines are appearing fast. "washington times" opinion editor charlie hurt, former tennessee congressman harmed harold ford, jr. charlie, this is the headline from the gop's attempt to take over the house in 2022. president biden's america, you have no meat, you have no gas, you have no borders. is that the republican line going into the midterms? >> yeah. i don't think, as talented as you are, harold, i don't think you will be able to spin that one into something that taxpayers buy into it. the thing about this infrastructure plan in particular is, you know, if they're going to sit here talk about, call it a families plan, there is nothing pro-family about piling $4 trillion of additional debt on top of the american people that are already under, whatever the, what

bloomberg's david welch on what is happening in the car sector. ferrari pushing back longrnings goals by another year. the sports carmaker has been without a permanent ceo for five months. analyst for european autos at jefferies joining us now. is this a management problem? is this a strategy problem? once again, it is delayed and deferred targets we are seeing hammering the stock. >> good morning. in many ways the market expected what is happening today in terms of resetting the targets. -- from there the message has been -- there has been a slow recovery at ferrari. now they are talking about slowing down consumer spending, which then reduces growth. you wonder if it is the other way around. specific vehicles in the book may not be as strong as expected a wild back. it is more expected to push back on the date of the guidance joint the market is concerned about what is driving it. alix: if the recovery is not that strong for ferrari, where are the orders? is that a macro thing, or is the money going to go somewhere else? phillippe: companies are going to be open about th

david had met cousin yet to us in the early 1990 s. . the polish to talk refer was quite elderly and haven't been to scotland for a long time. he asked david to search for his relief map. this was. told tall weeds a pool of water on the left here. cartridge shells everywhere from. and i reported back to him and he was so sad about it so this is for all this time and do it all these trips over and so i just made this rash promise. david hadn't got very far with his promise until keith stumbled upon the map. then the 2 men founded a charity scotland and in 2000 the relief was finally fully restored. at the time britain was still a member of the e.u. with scotland in the same political union as poland of course this is no longer the case for heading for troubled waters here because i i have supported breaks it very strongly for a long time and still do so this is where david and i diverged i think it's romantic idea that experience has shown to be totally impractical and i think the european union is a dysfunctional mess showing no signs of getting its act together i'm not going to accuse keith of having narrowness of mind or an

know that the trump agenda, that the trump messaging, the big lie, is not the long-term future of the republican party. >> david that point, what is liz cheney's long-term future for the republican party. you have been in exile for a while. >> i left the party and won't be going back. i don't trust today's republican leaders. liz cheney will have to wrestle with that as well. how does she work and cooperate with leaders willing to celebrate donald trump. you will hear chatter that this is the time for a new party, gop-like party. i don't think a new party is viable. we have room, but it has to be a big tent party that doesn't approach politics on the left-right spectrum. how long can liz cheney stay within the house? i expect she will stay a republican, but she won't be a voice of leadership, but a voice of conviction. >> david jolly and donna edwards, thank you both so much for being with us this afternoon. >>> coming up next, andrea will have more of her exclusive interview with anthony blinken. and how former president trump and rudy giuliani's actions in ukraine are forcing the state department to rebuild t

this is bloomberg. ♪ david: if you're still long, you may want to close your eyes right now.lowing a 7% drop, it looks like will open for percent or from percent lower. volume spiking, put options, will talk more in a couple of minutes. a london lawsuit for apple claiming it overcharged 20 million u.k. customers for app store purchases. the claimants call the tech giants 30% fee excessive, the claim filed in london calls for apple, ipod and iphone users overcharged. apple calls it meritless. and the steering will issue could cause a loss of control, involving honda accords made 2013-2018. there were to ask a dean's -- two -- junta said it will cooperate with the investigation while continuing its internal review. look at volumes yesterday, 74 million shares. we will see what happens today. 10 straight days of declines, the lowest level since october. and emerging from the blue line, which is the 12 month price target from analysts. here's a look at some of the forecast for consumer prices, 6.5% is what we're expecting for price inflation. 1% is the estimate, a couple of thing

david: it's likely. it's quite possible it will switch off tomorrow and be quiet for 25 years, but it could rumble on for quite a longime. that's the trouble with volcanoes. mark: david, professor of planetary geosciences. thank you so much for sharing your depth of analysis of what's going on there at goma, and we hope and pray that the people there are safe from what could happen on their doorstep. david, thank you very much indeed for joining us. next, a belarusian national has countrs as more e.u. states apply restrictions in response to the forced landing of a passenger jet in minsk last sunday. russia denied access to a second european carrier seeking to skirt around belarus en rte to moscow. >> as international criticism mounts, alexander lukashenko heads to russia for a meeting with president vladimir putin. lukashenko is under fire for forcing ryanair jet flying from greece to lithuania to land in minsk. also he could arrest a fellow journalist and his russian girlfriend on board the flight. lukashenko's actions appear to initially have caught close ally moscow offguard, but the criminal has since shown stea

and it's been a long time. david favor jokes with me, what time is it time to buy zinga yet?ler: jimmy chill. >> the chill man is in the house, what's up. >> caller: this is nick from p.a. you're a legend in the game, man. my question is about a company using psychodelics for mental health treatment i've been reading fascinating research and kevin o'leary is a supporter, mmnd. what are your thoughts as a long term investment. >> i know this and i'm not sure about it maybe because i'm the chief spokes person for the american migraine foundation but i'm a little more -- i don't want to say rigorous because i'm sure maybe they are terrific. it's the brain is a tough one. all right? i got the best neurologist in the world and the board and the company i work for i'd like then to check off. >> let's go to john in california, john >> caller: boo-yah, jim. >> john. >> caller: thanks for taking my call what are your thoughts about hyatt hotels >> it's okay it's not great i'm not sure i want marriott anymore. you know why i thought chesky did such a great job on the air the only weak

david: people in washington often measure one's power by how long it takes to get there call returnedwhen you are the governor of rhode island, calling a ceo, did you get your call returned right away? what about when you are secretary of commerce? sec. raimondo: pretty quick so far. because of my career in business and my career in public service, i already have strong relationships with many people in corporate america. they know me, they returned my call. but, here's what i would say. there is a general desire to help this administration be successful. because, people realize we have to be successful. you know? business leaders i am talking to, they know we need to make these investments. we need to compete. with china. at they want to help us be successful. so, when i call on behalf of the administration, so far calls are returned. and they are engaged. david: let's talk about the individual tax increases part of the care part of the infrastructure bill. the president has said no tax increases ready buddy making 400,000 or below. the people above that will see a tax increase is hi

though, if need be the time for this grand jury meeting can be extended >> thanks so much, david henderson. so the long and short of this is that we'll have much more should events warrant >>> in the meantime it's been one year since 9 minutes, 29 seconds rocked america one year since george floyd's murder at th murder ae hands of minneapolis police shook our collective conscience and ignited a nationwide reckoning with police. but one year later congress has yet to deliver on police reform. today president biden hosted george floyd's family at the white house. mr. biden had vowed to sign the george floyd justice and policing act today, but congress missed the deadline and negotiations continue to drag on the president said today he's optimistic about a deal after memorial day george floyd's family expressing frustration at the slow pace on capitol hill >> if you can make federal laws to protect the bird which is the bald eagle, you can make federal laws to protect people of color. >> he did let us know he supports passing the bill but he wants to make sure it's the right bill not a rushed bill >> that

this is not good news for kevin mccarthy long term. davidhe wants to be speaker of the house. that is his whole goal. he pulled out all the stops here. i'm told that right now he is huddled in the back of the chamber with staff watching the vote count on a computer, that he was all day today pulling out the stops. he got mitch mcconnell to come out and make a statement, and 35 people broke with him, including, i'm told, two surprises, rodney davis of illinois and french hill of ark arkansas. neither one of those gentlemen are members of the impeachment ten. neither one of them, i believe, are part of the problem solvers caucus. at best i heard yesterday 38. getting to 35 after all of that pressure is a real problem for kevin mccarthy. it is a solid break with a large group of his members. >> yeah, all the democrats that voted in favor. 35 republicans have voted in favor. right now the vote, they still haven't >> it goes to the senate where they need 60 votes. do you think there will be ten republicans in the senate who'll vote in favor of th

the good news, david, is negotiations will keep going on as to how long they will last anybody's guess at this point. david? david: they are only a trillion dollars apart. reporter: [laughter] trillion here, trillion there, just adds up to real money. david: thank you very much, mark meredith well that critical detail in the irs surveillance was hidden deem inside the treasury report on tax compliance data is this another move in america? here to discuss is steve moore, fed chair danielle de martino booth and fox news contributor adam lashinsky. good to see all three of you. steve, first given the irs, an open door to look into all of your money data, not only incoming, which is what the irs was meant to start doing, stuff that might reveal your political preferences and what could possibly go wrong with that. >> david, i remember i'm old enough to remember and you are when the left used to be very suspicious of the irs, that there was a civil liberties movement on the left that really worried about the abuses of irs agents, and they were as you mentioned, it goes back 50 or 60 years,

the school says david swenson died after a long battle with cancer.e helped revolutionize how college endowments are managed. he ran the yield fund for more than three decades. during that time, he diversified it into private equity and hedge funds. that produced superior returns. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. ♪ >> many people are anxious to start spending again, and spending in a way that they don't have to be specially distant, ash have to be socially distant -- socially distant, so there's likely to be demand that is going to push up inflation this year, but we are not expected that to persist into next year. jonathan: that captures the federal reserve position right now. that was eric rosengren, the boston fed president. good morning. alongside tom keene and lisa abramowicz, i'm jonathan ferro. here's the price action at the moment. this thursday morning, going into initial jobless claims, the s&p unc

. >> reporter: i saw him not long ago in mar-a-lago and david, he shrugged off the social media bans, telling me that putting out written statements as he does now is, quote, much more elegant than tweeting, but make no mistake, these social media bans sting. they cut off a key way of getting his message out and perhaps more importantly, when it comes to facebook, also cut off a key way that he raises money. david? >> jon karl live at the capitol. jon, good to have you. >>> we continue to report here on the disturbing rise on attacks on asian-americans across this country.night, the cases in san francisco. two women stabbed in broad daylight. and a father beaten while his son was in a stroller, rolling away. here's our chief national correspondent matt gutman from california. >> reporter: tonight, authorities increasingly concerned with new attacks from new york to california on asian-americans. in san francisco, 54-year-old patrick thompson arrested after allegedly stabbing two elderly asian women on a san francisco street in broad daylight. >> it was a pretty big knife, it had knock