romaine: i believe we have any ma -- annie massa now. wrote this story about the role that blackrock and its ceo or plan. if you are there, if you could just give us a sense of exactly what the role is. did blackrock get on the phone with powell and his subordinates and map out what they think the fed should be buying? onie: the fed is calling blackrock. massive purchases in bond markets. in three different roles on behalf of the fed. buying bonds directly that are newly issued. shifting debt as well as the commercial mortgage-backed securities. it is really a symbol of how far , that the fed is three comeit for all out of the gate with no competitive process. scarlet: it certainly is controversial. annie massa, thank you so much. sorry we had the technical difficulty. be sure to pick it up. coming up, we will be speaking with southern bancorp ceo darrin williams. he was at the fed listens event with jay powell. ♪ romaine: a little bit earlier, we did hear from fed chair jerome powell, who was hosting a virtual fed listens event, where h