the conductor was leonard bernstein. and for leonard bernstein, arts and politics were intertwined.e was sure that classical music could strengthen the bonds among people across the world. he was convinced that superb orchestra could have a salutary impact on those made insecure by the east/west competition. bernstein was a musical universalist par excellence. u.s. government officials thought differently though. they advocated a form of nationalism. they believe that had symphony orchestras could help the united states prevail in the east/west struggle. policy makers were convinced that concert could employ sonic ammunition directed against its adversaries. and america could do more than make big budget hollywood movies or bloated automobiles. as a result, symphony orchestras were across the world in the belief that violins and trumpets could help win the cold war. every musician on the new york philharmonic tour to the soviet union received a brochure 28 pages long entitled so you are going to russia. which instructed american travelers how to prepare for the trip and once there h

bernstein -- and jared bernstein. they have been in a lot of the debates. cea as a place where they are going to offer analysis for different proposals. if you do this, this is what is going to happen to output. ideasa place to that bad as andthat -- vet bad ide make sure they don't get too far ahead of themselves. the influence it has depends on the relationship of the three numbers, their relationship with the president determines if the cea is influential or not. of a brainy more trust for the president. host: let's get phone calls, we go first to richard in philadelphia. on our independent line. i heard joe biden said they are going to create a new economy, it is going to be more inclusive and all. talke past, there has been in the relationship between stagnation. i'm wondering what janet yellen when that came up before, had major concerns about the economy shifting and to the people were left out. i am interested in concern around the african-american men who have been knocked out because of the transition of this economy. what do you think are her cha

and carl bernstein. it's a pleasure to have you both with us.n you look at how republicans continue to entertain president trump's lies and conspiracies and baseless claims of voter fraud and election fraud, what does it tell you about the grip this president will have on the republican party for the next four years? >> well, at least for the next 50 days it's going to be rather absolute. i think it's shameful, quite frankly, the way the republicans have just kowtowed to this. now, trump clearly is a political force. those 74 million people who voted for him, it's amazing, but thi this, i think after january 20th, will start to crack. and i know as carl knows privately, lots of these senators will just say they want to get trump out of there. they want to move on and they're keeping their fingers crossed. >> carl, can they move on? i mean, if he is threatening to run again and holding that over the head of all of these republicans, many of whom themselves want to run. >> they could show some courage instead of continuing to enable a shameful pre

grandfather's world war i draft application which had said theodore burns and then in parentheses bernstein. we'd always believed that he was of scottish descent. that he had been born in brooklyn. it turns out that he was born in russia. he emigrated in 1906. so, that was you know my mother had had confused pieces of that. and then my grandmother who was parisian i knew her well and then her middle name was simon. and i had discovered very quickly that her mother's maiden name was david and her mother's maiden name was levy. so, it didn't get much more jewish than that. so both of my grandparents were closeted/assimilated. my mother believed that they may not have even known about each other's hidden jewish identities. >> that is fascinating. >> well, the first step was to go home to my lover and tell her i was a junior. my lover was jewish. she said always knew you had it. >> a jewish mind. >> right. and so that was my first stop as far as my immediate community. then i had gone back and i found my relatives in texas and they had had some communication and there was a huge family reunion.

also with us, author of many best sellers, cnn political analyst, carl bernstein.ndrew, what is your reaction to the "washington post" reporting about the president and the attorney general? >> so, i am a little more cynical about bill barr. he was perfectly happy to be the emanuencis for the president, when the president was riding high. and it's hard to not use the analogy of, you know, rats fleeing a sinking ship. and now that he is no longer in power, he's willing to separate himself. you know, i think it remains to be seen, whether he really pushed back on john durham, for instance, and really wanted to do the president's bidding. i think there is a lot more to come, on that story. so, you know, i think bill barr. it's -- it's a little too little, way too late, to say that he's really having some integrity here. >> carl, what would firing the attorney general during a lame-duck presidency actually accomplish? >> it would make the base, perhaps, happy. and continue to project the image of trump as aggrieved and raging. everything that trump does is really about

open, richardhe bernstein, ceo and founder of richard bernstein advisors.ting to hear how much people are positioning toward ongoing momentum versus pushing back on consensus. i want to turn to the landscape. seecities right now, you people trying to set up to get people into keep business as the weather gets colder. you are also seeing shuttered restaurant storefronts. frontaniel boulud on the lines, watching this with his own restaurant as well as others he is working with to save new york city's restaurant scene. chef boulud, thank you for coming back. >> good morning. what do you think the new york restaurant scene will look like post pandemic? >> right now, we are trying to imagine it will come back to tweaking.h some right now we are really struggling. every restaurant is struggling all over the country, especially in the north with the fact they have to deal with cold weather. privatelle, we built bungalows. it is fantastic. but it ise that, still not a business model. -- we've got to go back to 100%. once we are back in business? i do not know. righ

let's keep an eye on aerospace and boeing bernstein does take southwest to an outperform. boeing, ubs doubles their target from 150 to 300 we've got this running theme going through the market about the promise of a vaccine but, as bernstein says, the vaccine may not show you the light at the end. tunnel but it definitely indicates that there is an end to the tunnel. and a lot of that is going to be reflected in the way in which we fly around the country, hopefully beginning next year. finally, guys, tomorrow is going to be a busy session, not on with the salesforce investors meeting, but we're going to get earnings from the likes of chewy, auto zone, game stop and goldman has financial services conference we'll watch for bank headlines for now the judge and the half >> thank you, carl welcome to the halftime report the road ahead for your money and whether a good part of the recovery is already baked into the market we debate that with our investment committee today, joining me for the hour. bryn, brenda is the cio of globe hill visors. we are trading at noon today, nasda

this is a question of whether someone has all the proof that can support those charges. >> carl bernstein and andrew weissmann, appreciate it. >> good to be with you. >> now, the video we'll touch on. i will speak to the man who wrote the book, tony schwartz, next. ♪ ♪ 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. with zero down, zero due at signing, vicks vapopatch. easy to wear with soothing vicks vapors for her, for you, for the whole family. trusted soothing vapors, from vicks ♪ i got it all from you ♪ i'm always pushing through ♪ i know we'll make it to the finish line ♪ ♪ i know you're waiting on the other side ♪ ♪ i'm like you on-demand glucose monitoring. because they're always on. another life-changing technology from abbott. so you don't wait for life. you live it. >>> we spoke at top of the program about the unreal world president trump is inhabiting. not to challenge the results of the election. tony schwartz, author of "the art of the d

the american conductor leonard bernstein performed the nights in the eastern and western parts of the once divided city. he changed the text from joy to freedom. to. i. some experts believe that may have been the word schiller originally wrote. since 1905 the oed to join melody has been the official anthem of the european community now the european union. it stands for the common values of the member states freedom peace and solidarity. to avoid favoring one language over any other and instrumental version was chosen as the european anthem. of the. seeds of might if. it was it's exactly the way that. the latest stuff. really was a little feeling this was a real it was us the most. basic physical model of the whole mind it then move it in the end to the bodies on smile and there's. a. surprise if you flew out that musical scene is of a muffled musky to see who is it if you will most americans lissa move ways i live here call me to just give them a huge huge ripple of clover sit by. those. who own you killed them over something you actually saw as these are. the sons in my. that'll be a

two members of thecea, jared bernstein and heather boucher. let's get inside with kathy bostjancic.s we said before the announcement, pretty much exactly who we were anticipating. janet yellen saying some interesting things. she is free now in a way, when she was not at the federal reserve, talking about the dignity of working and that is why she got into labor economics in the first place. dreamedged to build the for all americans, talking about everything from disparities that keep women out of the workforce to small business lending, denying businesses a chance to grow. how will she enact this early in e, assuming the senate confirms her? kathy: the best way she can do that is try to build coalitions to pass some additional fiscal those whocularly for are struggling and hurt by the pandemic. biden referred to the k-shaped recovery, and it is true. some are doing quite well and even prospering with the financial markets rallying, where others have been unemployed for a long time and are actually facing an end to the benefits if they are not extended by the end of the year. crisis.

that mean for the record rally let's bring in dan suzuki, the deputy chief investment officer at bernsteinisers. eye been thinking about the early september example when you also had a market that seemed overstretched, when we have big-cap tech names that are still side ways if not lower since then and wondering, could a reset right now be one that happens beneath the surface as opposed to one that has the whole market down 10%? >> yeah, kelly, i think you're right. that's a big risk for the markets here if you look at the -- we look at profits, liquidity and sentiment at rba and the profit story in the near term, clearly there's a lot of risk if you look six to 12 months out, that story is looking better liquidity is looking very good policymakers over the next couple of weeks are likely to provide even more reason for optimism on some sort of support. so, the real issue here, the big risk for the markets is that clearly sentiment and valuation have run quickly over the last few months if you're worried about sentiment and valuation, to your point, then you can look at a clear part of the

. -- a bnalyst at a bernstein. lots more there. romaine: you have another show? joe: i'm sorry.pologize. go check it out. romaine: great podcast. i listened to it all the time. caroline: how could you? traitor, dabbling with other cohosts. it really is amazing the diversification we're getting from apple. it feels like just today, tech is a big winner. the matter what, apple will continue to outperform. joe: is that a call -- will we roll the tape a year from now and say caroline's call from a year from now? caroline: no investment advice here. romaine: that is a nice back drop. robbins a -- robbins a blue. caroline: i try. the airbnb pulled it out of the bag. romaine: living large. "bloomberg technology" is up next. romaine: ted a great evening. this is bloomberg. ♪ wanna lose weight and be healthier? it's time for aerotrainer. a more effective total body fitness solution. (announcer) aerotrainer's ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time. it allows for over 20 exercises. do the aerotrainer super crunch,

as a member of council of economic advisers, we appoint jared bernstein, an old friend with me a long time, brilliant thinker, quick wit, with a heart as big as his head, and heart he got from his mom, an educator who raised him correctly. a social worker turned economist, he is one of my closest economic advisers and friend. served as chief economist during the vice presidency. he was there in that foxhole during the great recession, with the economy on the brink, and our country on our back. i couldn't think of anyone else i would want to be by my side to face the challenges ahead. jared will be one of the leading voices of my administration on economic policy. i can always count on him to deliver straight from the shoulder as his hero fdr would say, straight from the shoulder. one thing i can assure, working people always have a voice with jared and this counsel. as a member of council of economic advisers, i appoint heather boushey. thank you for the help with the transition team. she's one of the foremost economists to make sure we build an economy that works for all americans. d

andrea bernstein is co-host of the trump inc. podcast. she's also the author of "american oligarchs: the kushners, the trumps, and the marriage of money and power." boy, did that title become ripe this evening. thanks so much for making time to be here tonight. >> thanks. good to be here, rachel. >> there's a lot of personal drama around this because this is a trump family member by marriage, because former governor chris christie, former u.s. attorney chris christie was the person who prosecuted charles kushner and that had all sorts of personal and political ramifications through the trump administration. but what's your bottom -- what's your top-line reaction to this news tonight? it can't be a huge surprise, but it still feels a little bit like a shock. >> exactly. it does feel like a shock. i mean, i think it is partly because this is family now and it is personal. but i also think that it's easy to forget the nature of the crimes that charlie kushner was convicted of. he was convicted of also, just like paul manafort, tax fraud and

andrea bernstein, co-host of the "trump" podcast, "american oligarchs" icauthor, thank you r making time to be here on short notice when we got this news. i appreciate having you here. >>i i don't know whether i shod say like andrew said, i am not glad to be here, but i'm always glad to speak to h you, rachel. >> thank you. that's very -- it's very kind. yeah, it's gross circumstances, and yet, here we are. all right, we've got much more ahead here tonight and we're also going to be joined byhe th head of the house intelligence committee, chairmanho adam schi. plus, i've got something to give you a heads-up about in terms of what the president is threatening when it comeswh to koenkd that isth not getting enoughis attention, i think, bui think i can lay it out in a way that makes clear of the risk of what he's doing right now. h that's all coming up. we've got a lot to get to. stay with us. all coming up we've got a lot to get to. stay with us to all the businesses that helped us make it through 2020... thank you for going the extra mile... and for the extra pump of caramel. thank you fo

bernstein . when do you expect these approvals to be granted?e main job, how to immunize 1.3 billion people. nithya: i think it will take another month or so before we see an emergency use authorization. look, you will see -- [indiscernible] expected imminently this week or the next. ssi to get an emergency authorization. we are looking at january, provided there are no issues with the assessment as well. applycond contender did for an emergency use authorization a couple of weeks back, but it was sent back saying we want additional data. those are expected to complete toward the end of the first quarter next year, that is when you are likely to see an approval. the third one is pfizer. pfizer applied for emergency use authorization, asking for a clinical trial. the trials have not been conducted in india, and that is a tough ask. data, inat the global the asian population the data is sparse. adequate.ize was not that would be an important consideration for the regulator, plus the supplies of the vaccine, storage conditions for the vaccine, all

the american conductor leonard bernstein performed the nines in the eastern and western parts of the once divided city. she changed the text from joy to freedom. to. i. some experts believe that may have been the word shilling originally wrote. since 1905 the oed to join melody has been the official anthem of the european community now the european union. it stands for the common values of the member states freedom peace and solidarity. to avoid favoring one language over any other and instrumental version was chosen as the european anthem. of the. sea level might it if. it was it's in that need to believe that. the latest stuff. was really miserable isn't it is us the us. this is of course was the whole mayan it then unknown to the body since mine and there's. a. surprise it did flew out that let me go see it the emotional must be to see evil as it did feel most americans lissa of ways i live here call me to just give them a huge you very political power supply of. those. though for you killed them over something like you saw as the. difference in ma that would be a bit of a. the or

the american conductor leonard bernstein performed the nights in the eastern and western parts of the once divided city. he changed the text from joy to freedom. to. i. some experts believe that may have been the word shilling originally well. since 1905 the oed to join melody has been the official anthem of the european community now the european union. it stands for the common values of the member states freedom 2 peace and solidarity. to avoid favoring one language over any other and instrumental version was chosen as the european anthem. of the. seeds of the might if. there was a thing for that me to believe that. yes stuff. really was also feeling this was a real test such as the most. basic physical model of the whole mind it then unknown to the body since mind there's. a. surprise it before while vellum is equal c. is of a muffled musky who see evil as if he did almost all members of his lissa move ways i live here call me to just give him a cute movie political over sick fuck. knows. the phone to kill him over something actually this was the. response in my. that'll be a bit o

joining our conversation lenny bernstein, and dr., i want to start with you. this was fascinating and depressing reporting. take our viewers through more of it. >> well the reason i thought this was news and demanded a story was that you don't see doctors and nurses taking to the streets very much, if at all. maybe the occasional nurse's union protest. this is the equivalent of doctors and nurses taking to the streets and saying we're at end here. we can't take any more. and under normal circumstances they have very powerful lobbies. they have associations that handle this kind of thing. here we have doctors all across the country, only cited four of them that are begging elected officials to do something about this. we know it is going to be bad for the next 30 or 40 days but do something to turn off the spigot of people coming into our hospitals so that perhaps in january or february we could do a little bit better. >> i mean, lenny, the 20,000 people that are expected to die christmas week, that is a tragedy on top of a tragedy on

the american conductor leonard bernstein performed the nights in the eastern and western parts of the once divided city. she changed the text from joy to freedom. to. i. some experts believe that may have been the word schiller originally wrote. since 1905 the ode to joy melody has been the official anthem of the european community now the european union. it stands for the common values of the member states freedom peace and solidarity. to avoid favoring one language over any other and instrumental version was chosen as the european anthem. of. its example might it if. it was it's exactly the way that that is a lot of. really feeling this way of us is that. this is a clip of the whole mayan if then and known to the bodies on smog there's. a. surprise it in flew out that let me see cosy is of a muffin must be to see who is it that israel most the members of his lissa of ways i do very well may just give them a huge huge republic over supply of. those. the afford to kill them over something you actually saw as these are. the sons in law that'll be a bit of a. forecast a symphony can ban

some of the people who will be under her on the council, jared bernstein, heather boushey, progressiverats who called for targeting black unemployment at the federal reserve. they called for increasing the minimum wage. progressive proposals that really involve more government involvement, more government action to improve this situation. and of course, janet yellen, who has 20 years of experience at the federal reserve alone. she also is a strong proposal -- a strong proponent of fiscal stimulus. and to stop what would turn into a downward spiral. >> more immediately, they are faced with the task of -- lawmakers are faced with the task of passing the coronavirus relief bill. even if this one we mentioned, this 900 $1 billion package, even if it does not pass now, does it show that the two sides are getting closer to signing off on something? >> i think there is a common sense of urgency between republicans and democrats. there is a lot of concern the economy is heading into a dark place. the forecast are not looking good. the plan that was laid out by joe biden is a very ambitious one

jared bernstein will be on the council of economic advisers in the biden administration.pting the nomination, he said we need an economy reimagined for economic justice and fairness. listen. >> we must build back an economy that's far more resilient, far more fair, and far more inclusive. it is precisely the vision this nation needs and i suspect i'm not the only person on this stage chomping at the bit to get to work on making their vision a reality. reporter: so the visions will be very different than the current administration and we could see more government control, in an op-ed last march, bernstein writes quote, next, and this party is admittedly progressive, a restructuring could deliver a much-needed comprehensive system of social insurance from cradle to grave. the great depression made the need for such safeguards glaringly clear. he will be only one voice in an administration, but this might give you a little glimpse into what a president-elect biden is going to hear in 2021. back to you. neil: all right. thank you very very much, edward lawrence. we will take

goal is to fight to quote separatism an liberate french as long from foreign influences shot into bernstein explains well this fight against separatism is something we've covered many times here but now it seems that $76.00 more mosques him france are going to be caught in the crossfire of that the interior minister has confirmed the reports in french newspapers that those mosques are now in the next few days going to see what he described as being unprecedented action. in accordance with my instructions the student services will launch massive precedented action against bridges and 76 mosques suspected of supporters must be checked in the coming days and those that have to be closed will be where the mosques that are due to be targeted are said to have clandestine rooms or have more moms who are on alert for the prevention of terrorist radicalization these are some of the reasons why these mosques are said to be targeted now muslims have already been saying that they fear of reprisals and there have been allegations of attacks taking place on muslims because of their faith most recent emer

great excellent thank you very much for the question and good afternoon to the president and mr bernstein. given the explain time pressure at the end of the of the negotiations the deadline being only 7 days away i knew confident put you really safeguarded of the interests of the union and its member states or did you have to give in to british demands just to avoid. a week from now thank you very much. we had a very strong go shooting position indeed you're right the time was very very short at the beginning of the year we have already said very clearly that such a comprehensive agreement. 12 months really short really short and on top came covered this did not make negotiations more easy and therefore it is outstanding what the negotiating team has. done and achieved in only 12 months that is one part and our negotiating position was as strong because it was the european union was it very clear if the united kingdom wants access to the single market the largest single market in the world without court and without tariffs then they are as a sovereign country free to decide whether they p

government to help with the pandemic some of the people who will be under her on that council jared bernstein heather blue she progressive democrats that you know called for targeting black unemployment at the federal reserve they called for increasing the minimum wage so progressive proposals that really involve more government involvement more government action to help improve the situation and of course janet yellen who's got 20 years of experience at the federal reserve alone and. she also is a strong proponent of fiscal stimulus an action to as she put it stop what would turn into a downward spiral. israel's alternate prime minister and defense minister have any again says his posse will back in opposition bill in favor of dissolving parliament dances he's lost patience with benjamin netanyahu and is ready to break their alliance of a lot of it your budget isn't passed immediately the move could force israel's full fiction at less than 2 years. no you really are slow yet because surely you know i had no illusions in regard to netanyahu i knew his record as a serial promise violator but i

some of the people who will be under her on the council, jared bernstein, heather boo, she progressive democrats that, you know, called for targeting black unemployment at the federal reserve. they called for increasing the minimum wage. so progressive proposals that really involve more government involvement, more government action to help improve the situation. and of course, janet yellen, who's got 20 years of experience at the federal reserve alone. and she also is a strong proponent of fiscal stimulus, an action to as she put it, stop what would turn into a downward spiral more immediately faced with the task of the lawmakers to face with the task of the coronavirus relief bill package. even if this one that we just mentioned, this $908000000000.00 package, even if it doesn't cost us now, i mean, does it show that perhaps the $2.00 sides are getting closer to signing off on something i think there's a common sense of urgency between republicans and democrats. there's a lot of concern that the economy is heading into a dark place. the forecasts are not looking good, but the plan th

. >> jeff bernstein is owner of itv partners llc. he got to start in the industry, producing and editing i school sports videos for cable vision in new york. by 1980 he was network services consultant for digital corporation. he became director of professional services for spyglass open tv. in this role, he directed top projects throughout the u.s., asia and the middle east. on his return to the u.s., he became vice president of engineering. since finding itv partners, jazz consulting clients has been comcast, charter bright house, time warner and operators throughout the asia pacific region. he is a guest lecturer on the cable industry at harvard in this university. jan cares of boys and girls club of new hampshire where he is active in fund-raising and mentoring in his hometown. jeff sponsors this evening is william thomas and bob guess near. >> like to thank the cable partners organization, my family friends and a special my wife sharon for making my career such an interesting journey. i travel around the world, met with cable ope

of my cabinet as well.as a member of the council of economic advisers we will also appoint jared bernstein, an old friendwho's been with me a long time and a brilliant thinker , heart as big as his head and heart he got from his mom, and educator who raised him correctly. a social worker turned economist, jared one of my closest economic advisers and friend served as my chief economist during the vice presidency. he was there in that foxhole during the great recession and he he brought the economy and our country back. i wouldn't think of anyone else who i'd want to be on my side to face the challenges ahead.jared will be one of the leading voices in my head and menstruation on economic policy. i can count on him to deliver straight from the shoulder. e thing i can assure you is rking people always have a voice d jared and his counsel. as a member of e cocil of economic advisers i apint heather boushey. thank you for all the help you've had in the transition team. he's one of the foremost economists working to make sure we build an economy that works foall . the daughter of a union family,

if you turned on cnn carl bernstein was on every day, worse than watergate.rything was worse than watergate. is our turn. of democrats get control of the senate under the current state of their party it is over for this country. it is the end of our republic. of democrats get the senate and have the house and the oval office, the tech platforms, the media and academia, they are all together and all support the same thing, elimination of speech, violence of people, cancel culture, discussion of public comedy, compensation through taxation. it is nice knowing you, america. >> former president obama will campaign for democrats in the georgia senate runoff, donald trump will rally for the republicans tomorrow. martha maccallum will have coverage at 6:4:05 pm before the big debate. i will be there too. donald trump's legal team filed another lawsuit in nevada. they claim 40,000 people double of voted along with 1500 dead voters. the judge plans to make a decision today which will allow time for an appeal ahead of the electoral college finalizing the results decemb

the american conductor leonard bernstein performed the nines in the eastern and western parts of the once divided city. he changed the text from joy to freedom. to. i. some experts believe that may have been the word schiller originally wrote. since 1905 the old to join melody has been the official anthem of the european community now the european union. it stands for the common values of the member states freedom peace and solidarity. to avoid favoring one language over any other and instrumental version was chosen as the european anthem. of the. seas of the might if. there was a thing that you need to believe that yes stuff. really was a little village for the us so as the us. this is of course was a little bit of my and it didn't matter in the end to the body since my there's. a . surprise it's the flu i have that let me is equal seeing it of a muffled musky to see who is it it is a little more so members of lissa always live here call me to just give them a cute you've republic over 6 of. those. the phone you call them over something actually shows the. this month. that'll be a b

jared bernstein would serve on the council of economic advisers alongside economist heather boucher,dent and ceo of the washington center for equitable gwth. as team biden moves towards governing, president trump continues to fight, suing in sconsin to try to throughout 221,000 ballots. voter fraud.baseless claims this the same day as attorney general william barr said there was novidence to support those claims. judy: lisa joins me now from wilmington delaware while yamiche is in washington. now that we have seen the economic team that joe biden wants advising him, what does want to do now and once they are in office? lisa: this is a team that faces unprecedented double crise, and rarely a new president taking over amid them at the same time. however, this team is also was elected has had many plansho in the works for a long time. we know this team is rking on a larger plan, bigger stimulus, bigger covid relief coming next year, in addition to what they hope will be relief coming in the next few months, and i think we see in this team hints of how they hope to get this done. we will

as a member of the council of economic advisers, we up jared bernstein.n old friend who has been with me a long time. a brilliant thinker. quit with a hardest biggest his head and a heart he got from his mom, and educator who raised him correctly. social worker turned economist, one of my closest economic advisors and friends. he served as my chief economist during the vice presidency. he was there in that foxhole during the great recession. the economy on the brink in our country on our back. i could not think of anyone else who i would want to be on my side to face the challenges ahead. thed will be one of a -- voices in my ministration on economic it -- policy. the one thing i can assure is, working people always have a voice with jared in the council. as a member of the council of economic advisers, i appoint heather bruce say. thank you for all the help you had in the transition team, getting me here. she's one of the foremost economists working to make sure we build an economy that works for all americans. the daughter of a union family, it's no web

the chair he has named less seal hou house, the two backing her up, heather boucher and john bernsteinjobs can have different positions. these three, while they do have other interests, what biden's priority will be. in terms of come paur son versus those who are outgoing, i think there is no comparison. this is a huge upgrade, both in terms of tlp kpe teps, their tem prament and snu-- temperament. janet yellen has shared the most important central bank in the world, has an enormous cv, doing the research that is most important to the economic challenges we face right now. i think it will be a huge relief to a lot of americans to have competent, experienced people in these jobs. >> but does she have a batman movie? >> not that i've heard about. >> federal reserve batman is the most boring superhere kwo in th first hundred days. biden's agenda will suffer on first two keys p key actions. getting a grip on the coronavirus is far and away his top concern. until that happens, the president elect's wider agenda is likely to take a back seat. so the coronavirus is his top priority. in terms

think is going to be in the future i think it's a core holding in everybody eaves stoc's stock >> bernsteinl agencies and the calls are mixed. booking holdings go underperformed 1720 is the pricee expedia gets a market perform, no big whoop trip advisor is the one they like the best. they go outperform and $35 is the target that's a pretty big up side from where the stock is now, more than 25% what do you think? >> well, i like all three, scott, but i do like trip adviser the most of that group that's because the social aspect of it. the communication between people when they're on trip adviser, looking, you know, we all know that some of these posts on the internet, whether it's on yelp or trip adviser are someone suspect at times, but nonetheless, there's a lot of people that like going back and forth with that to check out exactly who is saying what about this hotel, about this vacation they were on or whatever so of those three, tip adviser i like the engine behind all of it, scott, which is saber and i talked about that one last week for unusual. and i still own that >> i feel like jos

you'd have woodward and bernstein running down the pennsylvania avenue in their underwear screaming worsehan watergate. >> jesse: greg, i can't get that out of my head now. that's not what i was thinking about. geraldo, i want to go to you on the diamond situation. you brought this up yesterday. you have experience in giving people diamonds. when you give someone a diamond, usually it's kind of a romantic gesture. you have a chinese communist guy giving hunter biden, another guy, a 3-carat diamond. explain that to me. >> geraldo: it's a great way to give value, to give essentially cash without giving the dirty money. you give them a rock that's worth a bunch of money. but the rock in your pocket. no one says anything about it. you received a gigantic income without having to declare it. i think those are the kinds of things that are at the heart of his tax evasion probe. as is apparent, it's much bigger than just hunter's taxes. this is the implication here. the grand jury since 2018, and the words of the senate, there exists a vast web of corporate connections and financial transactions

biden also appointed jared bernstein and heather boushey to the economic counsel of advisors.tainly of these picks would make history if convicted. yellen would be the first woman to lead the treasury department inaction will are produce a several reinforcing down turn causing yet more devastation. and we risk missing the obligation to address deeper structural problems. >> reporter: the former dean of the school of business at berkeley will yellen taught for 26 years gave her a ringing endorsement. >> bringing people back to the center of policy, think that's really what she's been about the whole time, and this is a very good time in my judgment for that to be at the center. >> reporter: adewale wally adeyemo would be the first black secretary, and tanden the first woman of color to become omb director. several senators have expressed opposition to tanden, citing her negative comments about them. >> the urgency of ending a devastating crisis and the opportunity to build a better economy in its wake, an economy that works for everyone, brings fulfilling job opportunities, and

solomon has the answer for us >> if you're still working on resolutions and need a resolution stock, bernsteins uber as the one to own in 2021, expects positive ebidta by 2021. sees positive momentum with the vaccine. uber also up almost 80% year to date as you mentioned. and banks of america says they'll bullish on what they're calling the most unloved mega cap, at&t. they note that at&t has been good at paying down debt, refinancing at lower rate and they did not increase a dividend for the first time in 30 years, they did maintain its hbo max strategy >> i don't have any ownership on the desk of at&t but i want to go uber. the new resolution stock to own in 2021. that could have been written by josh brown, right? >> yeah. this stock is going higher this is one of the toughest average downs i did in the march/april period but one of the ones that rewarded me the most when we get into 2021, people will be thinking about 2022 numbers. that's the wave they these stocs trade. if you think uber will do 20 billion in revenue and 23 billion in 2022, it's one of the cheapest it like four times 22 re

janet yellen is super prepared to be treasury secretary, jared bernstein has been on this s in themanyeconomic world, tanden will b our flashiest omb director in history but someone who's been around and who just knows the job. esso you canassured that these are the people who haved experience ten served in the job right below them in the obama administration, so we can expect fewer owned goals among them. >> woodruff: we're seeing, mark, a number of women nominated for prominent, powerful roles in the new administration, but ere are still interest groups out there saying there's not enough diversity hee. naacp saying where are the blacks in senior cabinet jobs. how much pressure is joe biden under to name a more diverse leaders to his team -- fo his team? >> well, i mean, the diverse at this, so far, judy, i mean, i don't think anybody can make the can case that it's r diversity's sake. everybody who's been chosen is somebody who is alified for the position to which they were named, irreective of race or gender or whatever. i think, as far as women are concerned, jon'bidecampaign was

reporter: shep, joe biden will reveal his picks tomorrow long-time economic advisers to biden, jared bernstein and heather boushey will sit on the counsel and the deputy secretary to jel general formalleformerlyd jack lou as a whole, they back continued government support of the economy through low interest rates, new stimulus and higher government spending, especially on labor, education and environmental issues but for those who require confirmation first, they must get into office. janet yellen was confirmed in 2014 with 12 republican votes, three of those senators are still serving. but president-elect biden's budget pick, nerra tanden may have a tougher time. she sparred with lawmakers who will consider her nomination, including bernie sanders, the top-ranking democrat on the budget committee republicans have warned that criticism will cost her their support. john cornyn from texas told reporters in light of her combative and insulting comments, that creates certainly a problematic path and mitch mcconnell suggested that tanden's pick was a sacrifice to the confirmation gods acknowledging

they are making bold bets themselves, amd, bernstein and stacy, he says intel is the most at risk from this trend because of the incumbent and its core markets are in tact from all sides. intel stock down nearly 20% this year and now facing new pressure from third point, hedge fund run by dan lobe. >> job, thank you. >> jim, you own qualcomm and nxt and you appreciate owned intel what is your take on the space right now? >> the fact that you just mentioned three such different companies within the space speaks to how diverse the strife is you can be in nxpi, which is a great play on the automotive sector it's also takeover bait. the space is consolidating intel, unfortunately i think it's damaged right now it is salvageable but it's not a one or two-quarter process this is a multi-year process the big thing for intel is their size they're so big it gives them economies of scale that improves their gross margins, but they got to get it together on the production side, on the operations side. then on qualcomm, it's in the sweet spot right now there's no litigation going on, ief its custo

joe biden appointed jared bernstein and heather boucher to the economic council of advisors.n, several administration picks would make history if confirmed. janet yellen would be the first woman to lead the treasury department.>> reporter: in action will produce a self reinforcing downturn, causing more devastation. we risk missing the obligation to address deeper structural problems. >> reporter: she gave a ringing endorsement. >> bringing people back to the central policy, that is what she has been about the whole time. this is a very good time for that to be at the center. they also the black deputy treasury secretary. they're also looking at first woman of color to become the determinant director. they also cited some objections. >> i believe that the government is meant to serve all of the american people, republicans, democrats, and independents alike. >> reporter: facing major challenges, the economic team focused comments on government spending to support workers, and tackling income inequality and a plan to help struggling families. director urgency of ending the cri

having been at the peabody seeing young people come in through courses taught by sara and robert bernstein who is also one of the contributors to the book, it is a very hard experience. i watch these students go through a kind of transition. and so i know sara can speak more to that. she had about ten students, she decided to ask them if they wanted to give a written response, and their responses were so honest and free about their feelings. we, who spent years honing our articles, put them in a special place marie asked to try to cope with the emotional impact. and i personally of looking at these images and tried to do that to the best of my ability. but these students did not. they were completely honest. and so i have to ask sara, what is it like teaching with these images? it must be really hard. suspect my first i want to thank the students i know are in the audience. he mentioned them coming. because precisely what you are speaking to, lisa, i want to thank the students for their trust in me as a professor. in introducing these objects to them. every year, and now i guess i have tak

again, we are all the bernstei bernsteins?massive story coming of compromised americans can be have them defending china and now china ecstatic that joe is in the white house. seems to me that would be something good for somebody to win a pulitzer for instead of chasing tweets. >> geraldo: it's a fanciful notion that the press will work as hard to investigate the biden family as they did to wreck the trump family. but judge jeanine, you have a situation here with china, relays this malignancy now. i have nothing against, obviously, this isn't about chinese people. this is about the communist party that runs the richest nation on earth right now. >> jeanine: you know, the hypocrisy of it all just makes me crazy. eric swalwell, his complaining about donald trump and all this, trump is a russian asset and a prudent puppet, he gets a warning, he gets the fbi to tell him look, fang saying, whatever her name is, she is part of a communist chinese intelligence group, the president, they try to impeach him. the president of's kids inv

that's what woodward and bernstein did and you find out stuff.eping their powder dry. investigate and come to conclusions. investigators on both side of the aisle, they come to conclusions before they do the investigation. certainly republicans that are critical of joe biden and his administration are going to have to tie this to joe biden. it is his son. there were obviously some connections. you have to have a clear connecting of the dots. that's what investigations are about. >> neil: yeah. should be fair and balanced both sides. thanks, bob. bob cusack. when we come back, i'm going to take you to fda headquarters. they're on the verge of approving another vaccine. could come in a couple days. moderna is front and center with its anti-body treatment that also haas some of the same requirements that the pfizer drug has but, of course, a lot depends on getting the details right and the efficacy right as well after this. start with all the moms in the world. narrow it down to all the...karate moms. ...with a sudden, desperate need for brown sugar