bigger institute is a research group in hamburg that focuses on developing regions. is responsible for africa is china helping create something in africa that's going to fairly benefit both sides thank you ben and in happy end. it's all about china it's always a mixed reaction africa. although china has been able to contribute to infrastructure development on the continent and i think it is when it comes to any foreign you know relationship between nations. countries a list think of themselves friends and i think africans should always put themselves 1st in negotiating all relating with the nations china or the e.u. one so and china and the e.u. have you know talked about. their support they have strongly support said yes yes he and i think we should do that and that is when this agreement becomes you know cement and comes into practice i want to see that in practice we want to see them and they go she's in with africa as a single block what about the livelihoods of africans who are sidelined because of these huge infrastructure projects. yeah that it's been a concer

is now changed its sides and it is siding with the financial elite the hedge funds the bigger financial institutions so that's why that's where they are furious in fact they have taken to twitter to rally against the company calling it well not robin hood but rob in the hood that's how they put it there's also concern from the u.s. lawmakers the u.s. lawmakers have said that this is unacceptable especially given that hedge funds are being allowed to trade but daily traders are being blocked from making trades they were daily traders of also sued the company but legal experts see that there is not much that they are going to gain from it given that these brokerages do have a lot of power was. limited trading it's all mentioned in the agreements that the customer signed with the trade brokerages. still another day of trading this week on wall street today where the sound is going to go next. well. to begin with robin hood has said that it's going to ease some of the restrictions it has in fact tabbed into its credit line to be ready for the boston trading that's going to happen when those restrictions

bigger institute is a research group in hamburg that focuses on developing regions rural is responsible for africa is china helping create something in africa that's going to fairly benefit both sides. thank you ben and in happy end. to talk about china it's always a mixed reaction in africa although china has been able to contribute to infrastructure development on the continent and i think when it comes to any foreign you know relationship between nations. countries are least think of themselves 1st and i think africans should always put themselves 1st in negotiating all relating with any nations china he wants so and china and he you have you know talked about yeah there's a pause he strongly supports and yes he and i think we should do that in fact is when does a grim and becomes you know in finance and comes into practice i want to see that in practice we want to see then and who she is even with africa as a single what about the livelihoods of africans who are sidelined because of these huge infrastructure projects that are. yeah that it's been a concern that the displacement as a

bigger institute is a research group in hamburg that focuses on developing regions overall is responsible for africa is china helping create something in africa that's going to fairly benefit both sides. thank you ben and in happy end. to talk about china it's always a mixed reaction in africa although china has been able to contribute to infrastructure development on the continent and i think when it comes to any foreign you know relationship between nations. countries all this think of themselves 1st and i think africans should always put themselves 1st in negotiating all relating with any nations china he would so and china and he you have you know talked about the idea supports strongly support said yes yes he and i think we should do that in fact is when does a grim and he comes you know in finance and comes into practice i want to see that in practice we want to see them and they go she's in with africa as a single what about the livelihoods of africans who are sidelined because of these huge infrastructure projects that are. yeah that it's been a concern that the displacement as a

out that over the period were talking about going after fdr the white house has become a much bigger institution. it has more staff, it's more prominent. yet advisors there are often many younger secretaries but they often have your of the president so us a little about the growth of the white house, its relation to the cabinet if you can, with the many examples you have in the book a few of them, just to give us a sense of what so those conflicts inthe area where . >> thank you thanks to kiron skinner for doing this. is really as you said about the growth of the white house staff, growth of the office and many people don't realize it but before the fdr and ministration, we didn't have a house staff per se. people sometimes say what about nikolai kane or the truth is presidents may have had secretary or to, you called around the commission this brown location at a famous forward conclusion was the president needs help forward conclusion led to the creation of the executive office of the president which has now about 800 people. those 1800 are career staffers who serve administration in their 340

point out that over-- my first question, you point out that after fdr, the white house is a bigger institution, more staff, more prominent and yet, the advisors are often younger than cabinet secretaries, but they also have the ear of the president. tell us about the growth of the white house and its relation to the cabinet and then if you can, with the many examples you have in the book, a few of them, to give us a sense of what some of the conflicts in that area were. >> well, thanks, john. thanks, kiron for doing this. look, the book is really, as you said, about the growth of the white house staff. the growth of the executive office as president and many people don't realize this, but before the fdr administration, before franklin delano roosevelt, people see in some sense, what about nickolai, but in roosevelt the brownlow commission, it had a famous four word conclusion, the president needs help. and that four word conclusion leads to the office of the president that has about 1800 people. most of those 1800 are career staffers who serve administration in and administration out, but 3 to

you it down with a stick to what you want your deposit bonus removed from the bunch of the bigger fixed institute who are. contributing adding and that's a given that of course they're not what the program. shows but they try to get our daughter. comfortable spirit of that they're good enough michelle is rushing here over there with the interest over the board. with by the way i live was actually took the capital of pneumonia. put in stocks national but studying it here i was there were good enough that she could not just this legend acquitted him believe that the question was not is not just look at the economy this money in the event that my are. up on this all of those are my kids arks she does the message for for good at least 5 people. cd when ready you go when you are your critical time of year on the senior. year and you go in your dorm. and there was a stimulus in there to go with me and we were going on your cursor go to what did you know her but she only wants to be here when you're so good as you said you were displayed an absolute. disaster and you were so you're breaking some go she

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what are the opportunities as this gets bigger and more institutional? question, such a different tone this time around in terms of innovation we are seeing in crypto versus three years ago. three years ago, it was all about how we can develop a new token, new protocol, new cryptocurrency, where is this time -- and you see this in the prices of the publicly traded to cryptocurrencies and token, it is really all about bitcoin. and what is really exciting there is to see all manner of new infrastructure, whether custodians, exchanges, all kinds of startups attempting to be almost crypto banks who can networks andat rails, and also bitcoin and cryptocurrency networks and rails. so it is much more focused on infrastructure this time, and that is why -- that is what i am seeing in terms of innovation out there, and why i am excited personally. caroline: you said it is all about bitcoin this time. we have known it was always about bitcoin in terms of digital gold, but we have seen all boats rising at the moment. when we seeed in aresmaller companies blazing ca

institution has grown. my first question is, you say over the period you are talking about, the white house has become a much bigger instituti institution. more staff and prominent and yet, the advisors there are often maybe younger and cabinet secretaries but also the president. tell us about the growth of the white house in relation to the cabinet and if you can, with the many examples you have in the book, give us a sense of what some of it was there. >> thank you for doing this. the book is really about white house staff, don't realize this but before the fdr ministration, didn't have white house staff present. the truth is, presidents may have on a secretary or two but roosevelt, you have something called ground low commission. it was a conclusion, the present needs help. that led to the creation of the executive office in the president has 1800 people. most are career staffers the administration but there's about three to 400 what we think of as white house staff. they are younger and have the advantage, they are close to the president but not delegated authority. they are close to the president and often bas

liquidations that were leased to the party in the high 30000 for the price of bitcoin and you have bigger institutions the market. there's a lot of institutional buyers that have come to the conclusion that they should have some part of their portfolio in bitcoin. 1%, 2%, some people of course like michael sailor at strategy is putting a huge amount of their assets into bitcoin, so the selloff was certainly anticipated by those in the market. everyone knew at some point it would need to retrace and it could go further and could go down into the 20s, but there is a lot of money on the sidelines looking to get in. of the long term, i certainly believe the value of bitcoin will increase over the long-term. selloff has been a healthy one for the price. the market needed to clear a little bit. stuart: chris, we had a guest on the show yesterday who is trying to sell to bars that he owns in new york city and he's selling four bitcoin, not regular dollars, but the bitcoin. that makes him a bitcoin investor. do you think we will see more of this? >> well, i think that the more people for restaurant or a bar o

the ground, partnering with local institutions that maybe do pop up shops and those sorts of locations and not just the academic medical centers. you know, our bigger down institutions but really to start on the ground and make the partnerships, make sure the vaccine gets to them. >> dr. james, good to see you. thank you so much. be safe and well. >> take care. >>> all right. next, the threat of violent extremism fueled by misinformation on the internet now social media companies are cracking down on racist content and suspending the president of the united states for instigating it. should these companies go --? walk it off look one more mile look reply all look own your look... ...with fewer lines. there's only one botox® cosmetic. it's the only one... ...fda approved... ...to temporarily make frown lines... ...crow's feet... ...and forehead lines... ...look better. the effects of botox® cosmetic, may spread hours to weeks after injection, causing serious symptoms. alert your doctor right away as difficulty swallowing, speaking, breathing, eye problems, or muscle weakness may be a sign of a life-threatening condition. do not receive botox® cosmet

think it comes down to what we've seen in the past four years which is an even bigger distrust in all of our major institutionsk a lot of different people hold responsibility for that, but i'm always struck when watching democrats, condemning all of this and blaming republicans. in my mind one of the things that really cause people to lose a lot of faith in institution was democrat behavior in the 2016 election and casting doubt on the legitimacy of donald trump's presidency with this fake trump pressure collusion and for them to look astounded or surprised is there some people out there that doubt the validity of the recent election results i think is a little bit incredible. >> charlie, kim raises a good point. the bible says to treat people like you want to be treated but politics says to treat him like they just treated you. she is right. they delegitimize the president election in 2016, but what is the conservative response when other people act improperly? >> it's truly incredible and of course kim is exactly right. you have to start any conversation about any of this by absolutely condemning what we saw

process and through the rules process and so it was a valiant start to what's a much bigger and deeper problem in the institution >> kevin, i combine a couple of questions for you. seems like in a populist moment like this, the case for resourcing congress is very hard to make, whether for partisan reasons or for kind of cross partisan populist reasons to say we need more expertise, to say we need more careerism, to say we need more money in congress is a huge challenge for people who have to face voters every couple of years, how would you suggest to a member to take up this issue and make this argument in a way that can speak to this moment in our political culture? >> yeah, it's a problem, there's a chapter in the book by anthony which deals with the public opinion issue and it's been a problem for decades. investing in congress has always been a hard sale because, you know, the public has the kind of mind set that, you know, all you need is good horse sense and you can walk into a legislature and probably rule pretty well and, you know, governance is way too complex for that, all that, so, yeah, there's a ba

amount to basically an inconvenience for trump having to find new financial institutions willing to hold his money. the biggerre the banks saying going forward we're not going to lend to donald trump. and deutsch bank is the biggest because trump owes deutsch bank $330 million. it varies but it amounts to a serious problem. >> that's an extraordinary amount to owe deutsch bank. "the miami herald," one account holds more than $5.1 million. but the question to you, david, why did these banks cut ties with trump? is there a risk for their business bottom line by doing so? >> well, i think there's a risk in either case. there's the reason they did this, i think, in general is that the reputational damage that the trump brand has incurred in the past couple of weeks is just immense and these banks, like other companies, are getting phone calls from reporters, customers, perspective customers, from employees saying what on earth are we doing working with someone who is being impeached for a second time and who, you know, helped incite a crowd that went onto try to impede democracy? and i think the risk to the insti

mining of faith in an institution that i revere, i have covered this department those working in the trenches, how much you put on donald trump what you think there's something else biggernk donald trump reflects and furthers a trend in this country, he didn't start it but it's the prime mover in the last four years, five years to destroy norms and institutions sees the trying to destroy the idea that the truth can be found at all but is to blame for the flamethrower over the last four years. they have been heard thousands of times donald trump is the one running down the justice department. with help from people like bill barr but to do that because he saw as a threat, for the same time he's tried to burn down the media portray as the enemy of the people. >> i think about the things you do about in these books, moments when the president did not face the consequences. moments when leaders who could have made a difference didn't step in to the fray. what is our hope returning to a normal seat in the next presidency or the presidency after that? justice is so easily undermined, the independent objectivity has so many forces working against it, donald trump who wasn't exa

and so that is ultimately the message of america, that the institutions, us being a united country are biggersome people, you know, may still be critical of president bush, but again, that show of unity is so much bigger than one person. >> first of all, we heard the dig there, that you were in high school during the bush administration. don't think that just goes over our heads. we heard that. secondly, to the point that natasha was making, it was arrested. when you saw that video, you stop in your tracks and you have some reporting on this, which to me seemed like presidential unity improv. is what it felt like. >> it sure did. and this is something i'm told was unscripted. it was a free flowing conversation. it originated from president biden and his inaugural team. it was part of the scripting of the unity and the calling americans together, but the fact that they did it. the fact that president bush, of course, agreed to do this and a little personal privilege note here, i met you, john, as you'll remember, in 1989, covering governor george w. bush. that's how old we are. but it was stri

and one thing to keep in mind, 2.5% leading the s&p so most institutions more important than apple or google because those are individually bigger than the sector and many have zero exposure so many investors have gotten out of this group because it's been terrible for so long, but year-to-date, energy's accounting for almost 60% of the gains in the market. so it's been a huge contributor and it's not that different from tesla last january where tesla had accounted for more than three quarters of the gain of the russell 1000 and most funds had little exposure. really looks like this, especially given the incoming white house. you've got a better supply balance. i think that zero percent goes to something and that's a lot of money falling into the sector. >> i think that's a key point, tom. i'm curious, we spoke to jeff curry of goldman a couple of weeks ago and he basically suggested we're entering another commodity super cycle. when curry said you pay attention, given the fact he called the last one as well, do you see it the same way? >> commodities is not my area of strength really good at understanding the supply and demand.

undermining in an institution i have covered this department in the ausa's that work in the trenches, how much of this to put solely at donald trump's feet or do you think there is something biggerthat? >> i think donald trump reflects and furthers the trend in this country, he did not start it he's become the prime mover in the last four, five years to destroy norms and institutions that he sees as threats and trying to destroy the idea that the truth can be found at all and he's been simply blamed the institution of justice over the last four years. he has lots of acolytes around him to echo the lies and he's been heard thousands of times by market citizens but donald trump is the one who has burned down the justice department. and with help with bill barr to do that because he saw as a threat the same reason he tried to bring down the media and portrayed as an enemy of the people. >> i think about the things that you write about in both of these books, moments when the president did not face consequences. moments when leaders who could've made a difference did not step into the fray, what is our hope for returning to her normalcy in the next presidency or the presidency after

we are each of us individually and all of us elective the bigger than the social and contextual world around us. ideas, technology, institutions, their product of a confirmation hearing from martha fudge--marcia fudge to become the next housing and urban development secretary, and cecilia rouse to be the chairman of the council of economic advisers. on c-span2, another confirmation hearing, as linda thomas-greenfield testifies to become u.s. ambassador to the united nations. on c-span3, it is american history tv, and look at how colonial history is remembered and contested through historic sites and monuments. sunday night on "q&a," investigative journalist lawrence roberts talks about his book "mayday 1971," which examines the spring offensive when tens of thousands of anti-vietnam war protesters, including vietnam war veterans, came to washington, d.c., in an effort to shut down the federal government. >> the story is a much larger one. it is a story about how we as a nation, as a people, as individuals, dealt with one of those periodic emergencies in american democracy. do people stick by their principles or are they caught

we are each of us individually and all of us elective the bigger than the social and contextual world around us. ideas, technology, institutions, their product of getting ourselves and our communities to better counter this information in our societies. thank you so much coming from nicaragua, rocky from new york and jeannie from maine. i would encourage everyone to visit each of their websites. jigsaw does amazing work on numerous issues. rocky and his colleagues there are on the forefront of helping society these days. local generous -- journalists out the -- at their best, the we need to do our best to support them. we appreciate you tuning in today. tune into the website as well for more information. we have a specific platform called we hold these truths. it is always an important issue, but today in our context, it is more important than ever. thank you so much for everyone for joining us today. >> defense secretaryor

bigger impact on the markets. do you think that changes the way institutions invest their money?yes, absolutely i think it's going to be a bitter pill to swallow but for the last ten years -- and you know, most -- the average tenure of a fund manager is 8.7 years so the average person managing a professional portfolio started after 2009 they've operated in a world of declining rates, zero net capital inflows into the stock market, essentially zero presence of the individual investor and the growing presence of algorithmic and systematic trading so i think the rules are now trading for those same people because the next ten years machines are much bigger now, but if there's retail inflows they might be countercyclical to what an institution does i think overall it's actually quite healthy. that's why large investment banks that have both retail and institutional tend to have a lot of balance because they can help with order flows i think it's a healthy dynamic but it's a brand new -- it's really a brand new environment >> tom so, great to get your thoughts thank you. tom lee of fu

since march and that has led to, check this out, a bigger difference between short and long-term rates. that's important for many financial institutions, especially banks the so-called yield curve, the difference between the two year in treasury yield and the 10 year treasury yield is now here at the highest level since the middle of 2017 and what is that all mean the banks are doing really well. check this out the outperformance of the bank etfs and the financial etfs has been notable the bank etf ticker kre is, by the way, at the highest level in a year up 3% over the course of that one year span and then up 2% for the financials overall but it's this real outperformance in just the last three months morgan, josh, that's been massive. that's something to watch in the coming months. interest rates and those banks we'll send back over to you. >> kicking off later this week look for some comments on that front too. dom chu, thank you josh, it feels like a good place to start the hour, right i mean, reflags nation higher rates transports, small caps, record highs. >> dominic is right. this is the biggest story in the market the last wee

don't know who it is they are letting and so we need much bigger capacity to do and said, granting, considering granting these acts and institutes to allow coming to our country, american companies struggle to do due diligence to figure out who is the beneficiary beyond the company's to accompany the sources and technology in this system. american citizens need to understand when they see information from the u.s. media, is it an independent american voice or was there a chinese funding involved? 's call for u.s. conference to require all nonprofits to declare any chinese government or other foreign funding under the 1990 form. also called for united states to require any foreign state after to put a massive disclaimer on propaganda material in the u.s. if i wanted to run for elected office and put campaign ones out, i have to put a big label stating the campaign of. that doesn't applyt on on government propaganda from china or elsewhere. those are steps we can take and i believe transparency is the best. i can get a lot by what china is doing and make better decisions. >> i saw you shaking your head. >> i usually shake my head

i think consensus with economics is now shifting with lots of institutions like the imf and oecd calling for a bigger over the 2008 crisis was monetary policy exacerbating wealth inequality. qe, interest rates favor those who already have assets. fiscal policy further reinforced those inequalities. it created austerity, again hitting the low income rather than the high income. matt: what should the bank of england and other central banks be doing in order to fix that problem? xiaowei: i think the key thing is not what the central banks should be doing but what governments should be doing in terms of fiscal policy. we know that the central bank has been talking about negative interest rates. there is very little leeway for monetary policy to push this stimulus further. so things like benefit -- matt: a wealth tax, redistribution tax has been talked about a lot, not only in europe, but in the u.s. as well. how do you think that would work and would you be worried about unintended consequences? xiaowei: yes, i think the focus really should be on stimulus rather than on operating revenues. farther down t

bigger. those who are purchasing those treasury bonds to finance all of this, that it's really you and i. yes, financial institutions purchase the debt, so that would be everyone from insurance companies and pension funds, different kinds of mutual funds, asset managers, they are ultimately buying on the behalf of us, americans who have savings and have been saving their money. they are investing in that treasury debt. also, global institutions by our debt -- global institutions buy our debt as well. in fact, that is one of the most important strengths of the american economy, and that is the debt that we issue, the treasury debt is the safest asset in the world. so if you want safety, if you know you are going to get paid back on time, you invest in u.s. treasury bonds, and that is to our collective benefit because we can borrow these extraordinarily low interest rates. in the rest of the world, they have to pay a higher interest rate over longer periods of time then we do because we are the safest asset on the planet. we are the aaa credit of the planet. so investors from all over the world by our debt, and that i

. >> we're all part of institutions with duties and responsibilities higher and bigger and more importantof sensorial instinct is will dangerous. it's morally wrong. censorship, wokeness, political correctness it all points in one direction authoritarianism cloaked as moral righteousness. similar to what we are seeing in twitter and facebook and apple on too many university campuses today. that's not who we are as americans. it's not what voice of america should be. it's time that we simply put wokism to sleep. brian: from energy to immigration, we're going to have to deal with each other. isn't that his message? >> look. this is a speech issue. i have been talking about this for years. there seems to be this sentiment in america right now when it's speech that you disagree with, even if it's hateful that you have the right to suppress it. that is no way to run be a country. it is not the american way. you know, being the libertarian that i am, i understand that these businesses have the power to shut things down. but i would urge them are they aware of the implications that's going to ha

institution that you revere and that honestly, i revere. i have covered this department. how much do you put solely at donald trump's feet? or do you think it is something else bigger than that? mr. comey: i think donald trump both reflects and furthers a trend in this country he did not start, but he's become the prime mover in the last four years, five years, to destroying norms and institutions he sees as threats, destroying the idea that truth can be found at all. he is to blame for the flamethrower that's been taken to the institutions of justice over the last four years. the acolytes around him who echoed the lies, they have been heard sounds of times by american citizens, but donald trump is the one that has tried to burn down the justice department, with help from people like bill barr. for the same reason he's tried to burn down the media and portray it as the enemy of the people. carol: i think about some of the things you write about in both of these books, moments when the president did not face consequences. moments when leaders, who could have made a difference, did not step into the fray. what is our hope for returning to normalcy in the next preside

bigger package would prevent a continued economic spiral and could save the country months in recovery time. >> john hendren, thank you. let's get to stand, a resident scholar at the american enterprise institute and a specialist on political economy and public finance. thank you for your time. we heard the president speak earlier on. he made both the moral and economic arguments. let's look at the economics. unemployment, is incredibly high in the u.s. more job losses to come. is the plan too ambitious, or not enough? >> i think parts of the plan are very appropriate and well targeted. the job losses that still remain, which are significant, about 10 million people out of work working about a year ago, heavily concentrated in the leisure and hospitality industry . for good reason. a lot of businesses just cannot operate the way they would in the absence of the pandemic. no amount of fiscal stimulus will change that situation. what is really important is families and businesses that cannot operate the way they usually do, lost their jobs, lost customers, make it through the crisis without their balance sheets destroyed. and large elements of these plans do exactly that. there is that extension

institutional money to flow into so there's there's all kinds of reasons why gold and metal should prosper and you know 2021 i think 222500 very easily obtainable maybe 3000 with silver doing even bigger percentage and platinum the same. and i know the more money the u.s. government prints the more speculation the more people start looking at those precious metals at gold and of course that crypto currencies now kristie what about bitcoin here we're seeing the price slip again falling closer 232000 is this just more consolidation or are we looking at a more serious downward trend. well not quite a downward trend yet as it has found really good support near the 30000 level where we are seeing a lot of consolidation so this is a slight correction after it's nonstop monster rally to almost $42000.00 or earlier this month so this is a natural part of the cycle in the ecosystem so nothing really to worry about but the latest price movements team as yellen warned about the increase in crypto currency regulations so despite this big point is still gaining institutional support and 2021 because now finally joining the ranks of paper gemini greyscale square you now have asset manager blackrock

institutions are. regularly targets of terrorism know me everything it is but the phenomenon of anti-semitism is bigger than the obvious that if you want to get to the root of hatred against jews you have to tackle it where it hurts at the heart of society as well where integration into democratic values is rejected. also where intolerance has been allowed to ferment under the guise of tolerance for too long. also where the anti semitism is disguised and presented as an intellectual stance. and where the word jew is not used but zionist or other code words. also where the state of israel is defamed. and judged with double standards the fight against anti semitism of is a specific and tell us and me but if you don't want to get used to having machine guns outside jewish institutions you have to tackle it with. me here. i wish. i did not have to be covered up here if you follow that a necklace with a star of david and that could be one as safely as a cross might have it and my cabbie jersey like a fire in a football jersey. it's not just about protecting jewish people but where anti semitism takes root a

i'm joined now by pauljohnson, director of the institute for fiscal studies. the bill is getting biggerr, having been forecast atjust under 400 billion in the autumn. that compares with one eighth of that back last march, the scale of spending and borrowing has been extraordinary, but necessary to tide the economy over. everybody agrees that, but the figures are mind—boggling and people often ask, how can we afford this? well, that is a good question. we will be paying the costs for a long time to come. it is just the costs will be less for the economy than the cost would have been if we hadn't provided this support. so we are going to come out of this crisis with a much bigger debt. but probably more importantly with a big bigger deficit, because borrowing will be higher every year for several reasons, part think economy will be smaller, because we haven't protected completely and the pressures on spending will be greater as well. the long—term consequences are that we will be poorer than we otherwise would be and we will be paying for it in that sense for a long time to come. in terms

bigger piece was actually market manipulation concerns now that the market has continued to transition from more crypto native, leverage exchanges to more spot exchanges, this move in particular has been dominated by western, institutional oriented exchanges where spot bot provide much better price discovery. all signs point to certainly in the right direction. there's probably a few other things on the plate before we can clear it we're in a significantly better permission to see one in the near term. >> thank you so much we appreciate it happy new year >> same to you >> you got it. all of the 11 s&p 500 sectors are lower right now and leading the way lower would be real estate, materials, industrials we'll get the moves coming up on "power lunch." alright, who can break this down for me? coach saban... i crutched out to the mailbox and there it was - a medical bill for twelve-hundred dollars. i had no idea i'd have to pay that. that's right. it's hard to know exactly what your health insurance is going to cover, so you gotta protect your blind side. aflac! aflac pays you money directly to help with expenses health insurance doesn't cover. really? aflac. get help with expenses health insurance doesn't cover. get to kno

of medical microbiology at the oxford institute for micro biles distance some of the walls welcome to the news hour is this money going to be used just to make bigger stronger new antibiotics. no we don't want to make the mistake that everybody else has made and so you. can put an awful lot of money into creating a new super antibiotic and indeed that's really what's been the focal point of other groups for about last 25 or 30 years and it hasn't been successful so we don't want to do the same old same old so what we have our series of programs and one of those programs is to design unique and novel and he microbial to put into animal farms so maybe your viewers will not know that we actually use the same antibiotics in human medicine as we do for growth promotion in animals around the world and that's actually where resistance is often is not driven so we want to have a complete rethink we want to approach it in an entirely different way and we want to start putting normal anti microbes into animals there by relieving the use of human antibiotics from animals and so we have a series of programs and one of which is also to design new drugs force hu

saying we think bigger checks, more money is coming that will vehicle into twill tr markets and the economy. >> i think one of the main factors people need to remember, that the big institutionskets, so it is important to pay attention to what they are doing and they continue to buy stocks and they continue to accumulate shares they are set to rotation which is a bullish sign. and the market is a discounting mechanism. too many people try to make sense of the immediate news of the day and what is correlated to the market. but the market trades on what will happen 6 to 9 months from now and it is telling us that there will be a recovery in the economy and to your point about larger stimulus, that will be bullish overall for the economy. >> you've been correct and let's hope you are now as well appreciate you coming on opt miss tiimistic and looking to seeing better days from the virus, the economy and corporate earnings for hopefully all of america, whatever side of the politalic aisle you may be on, i wish you the best "squawk box" is next businesses today are looking to tomorrow. adapting. innovating. setting the course. but new ways of working demand a new type of network.

bigger than all of this. donald trump was a stain on our country. i don't think we could have sustained our democracy if he had two terms in office. for what he was doing to our institutionsing to our constitution. he dishonored it. he in every respect was unworthy to be president, did not respect the office that he held, and certainly did not respect the rest of us as well. i respect the office of the presidency more than he did. for how he mistreated it. so in any event, he's gone. we have to let, we have to -- how can i say it? not lessons learned because it was so he think all along. what a disgrace he was. but to find out how we can bring people together. that's our responsibility. and again, nobody better than joe biden and kamala harris to do it. >> believe sure to watch the speaker one-on-one tonight at 10:00 p.m. eastern. for much more of joy reid's exclusive interview, right here on msnbc. and right now joe biden is head ing to washington, d.c. a place he knows all too well. and this time tomorrow he will be there as 46th president of the united states what does this big moment really mean for him? i'll speak with his former press secretary next. you're watching

bigger than all of this. donald trump was a stain on our country. i don't think we could have sustained our democracy if he had two terms in office for what he was doing to our institutionstion. he dishonored it. what he did to our people, he denigrated people. he denigrated, dishonored the constitution, denigrated our people, degraded our environment from sea to shining sea, god's gift to us and beyond that, he degraded that, and he again dishonored our values, who we are as a democratic country. so he in every respect was unworthy to be president, did not respect the office he held, and certainly did not respect the office the rest of us hold as well. i respect the office of the president more than he did for how he mistreated it so in any event, he's gone. we have to, how can i say it, not lessons learned because it was so evident all along, what a disgrace he was, but to find out how we can bring people together. that's our responsibility and again, nobody better than joe biden and kamala harris to do that. >> madam speaker, i will admit it is something for me emotionally to be in this building, knowing what happened here. for you, is there something about it that it

bigger than all of this. donald trump was a stain on our country. i don't think we could have sustained our democracy if he had two terms in office for what he was doing to our institutionswhat he was doing to our constitution. he dishonored it. what he did to our people, he denigrated people. newcomers to our country. he degraded our people, denigrated our environment from sea to shining sea, god's gift to us and beyond that. he degraded that. and he, again, dishonored our values of who we are as a democratic country. so, he in every respect was unworthy to be president, did not respect the office that he held and certainly did not respect the office that the rest of us hold as well. i respect the office of the presidency, of the president, more than he did for how he mistreated it. so, in any event, he's gone. we have to let -- we have to -- how can i say it? it's not lessons learned because it was so evident all along what a disgrace he was. but to find out how we can bring people together, that's our responsibility. and, again, nobody better than joe biden and kamala harris to do that. >> it's a big job. we're going to take a quick commercial break. we will continue.

are in a position where these financial institutions are in a position of excess capital where they can start growing their businesses they can start making bigger to owners. number two is that i do believe we will see a rebound in the european economy and again, some of the factors i mentioned earlier about the political dynamic. a lot of these things are now in the rearview mirror. the pandemic, hopefully by the time we get to the second quarter will be in the rearview mirror so we should see relatively strong both pickup and number three, like the united states we are going the see pressure on interest rates with all of this borrowing and all of this growth picking up and all the stimulus added i do believe that you will start to see, slowly, slowly pressure on interest rates, also being a very positive dynamic. meanwhile when you compare what is happening, what i just said w the prices -- many of these companies are still at 50, 60, 65% of book value and they should be able to earn well over 10% return on equity meaning you should have significant upside in these businesses so after a decade of capital build and slow growth, i think the fact

bigger than all of this. donald trump was a stain on our country. i don't think we could have sustained our democracy if he had two terms in office for what he was doing to our institutionsdoing to our constitution. he dishonored it. he, in every respect, was unworthy to be president, did not respect the office that he held, and certainly did not respect the office the rest of us hold as well. i respect the office of presidency, of the president more than he did for how he mistreated it. so, in any event, he's gone. we have to -- how can i say, it's not lessons learned because it was so evident all along what a disgrace he was. but to find out how we can bring people together. that's our responsibility. and, again, nobody better than joe biden and kamala harris to do that. >> you can catch the full conversation with nancy pelosi and joy reid tonight at 10:00 p.m. eastern right here on nbc. >>> and still ahead, how donald trump is complicating the fight against covid on his way out the door. and he won't be attending the inauguration, but trump still wants a big send-off of his own. what could it look like? will he get it? r rumbles ] [ engine rumbling ] ♪♪ [ beeping ] [

bigger. those who are purchasing those treasury bonds to finance all of this, that it's really you and i. yes, financial institutionsase the debt, so that would be everyone from insurance companies and pension funds, different kinds of mutual funds, asset managers, they are ultimately buying on the behalf of us, americans who have savings and have been saving their money. they are investing in that treasury debt. also, global institutions by our debt -- global institutions buy our debt as well. in fact, that is one of the most important strengths of the american economy, and that is the debt that we issue, the treasury debt is the safest asset in the world. so if you want safety, if you know you are going to get paid back on time, you invest in u.s. treasury bonds, and that is to our collective benefit because we can borrow these extraordinarily low interest rates. in the rest of the world, they have to pay a higher interest rate over longer periods of time then we do because we are the safest asset on the planet. we are the aaa credit of the planet. so investors from all over the world by our debt, and that is a go

institutions like this have told poignant stories of how their lives were filled with shame, stigma, and oppression. but researchers think there are more secrets to be investigated and they want a bigger experiences and the hurt caused to women. and the hurt caused to women and girls who did nothing more than be pregnant outside of marriage. some of them criminally against their will. ministers will work with the people affected to decide how the institutions will be investigated. adele says there should be a public inquiry to hold to account the state and church authorities. they took our dignity. they took our rights. they took our freedoms. it is no longer acceptable for them to hide in the shadows and for us to hide the secrets. they are not guilty and they are not secret anymore. chris page with that report. thousands of farmers in india have escalated their protests over agricultural reforms. demonstrators fought through police barricades and tear gas to enter delhi's historic red fort complex. so far, at least one protester has died. mobile internet services have been suspended in parts of delhi — as security forces scramble to restore order. rajini vaidyanathan has the latest.

bigger. those who are purchasing those treasury bonds to finance all of this, that it's really you and i. yes, financial institutionschase the debt, so that would be everyone from insurance companies and pension funds, different kinds of mutual funds, asset managers, they are ultimately buying on the behalf of us, americans who have savings and have been saving their money. they are investing in that treasury debt. also, global institutions by our debt -- global institutions buy our debt as well. in fact, that is one of the most important strengths of the american economy, and that is the debt that we issue, the treasury debt is the safest asset in the world. so if you want safety, if you know you are going to get paid back on time, you invest in u.s. treasury bonds, and that is to our collective benefit because we can borrow these extraordinarily low interest rates. in the rest of the world, they have to pay a higher interest rate over longer periods of time then we do because we are the safest asset on the planet. we are the aaa credit of the planet. so investors from all over the world by our debt, and that is a

concept of multilateralism of global institutions, i think the rejoining of the paris accord and the world health organization are testament to that, but i think there are biggerd the other security issues, not least of what is happening in the gulf. you have the positive elements of israel and the other gulf countries, bahrain and the united arab emirates, but you've also got a run still enriching uranium, still interfering with navigation in the gulf, so a lot of issues for the new president at home and abroad. ., , issues for the new president at home and abroad-— and abroad. donald trump regards what he has _ and abroad. donald trump regards what he has achieved _ and abroad. donald trump regards what he has achieved in _ and abroad. donald trump regards what he has achieved in the - and abroad. donald trump regards| what he has achieved in the middle eastis what he has achieved in the middle east is one of his big achievements, but have things in the region generally, have they got better or worse? i generally, have they got better or worse? ~ , ., , worse? i think it is a big achievement, _ worse? i think it is a big achievement, and - worse? i think it

bigger than all of this. donald trump was a stain on our country. i don't think we could have sustained our democracy if he had two terms in office for what he was doing to our institutions or what he was doing to our constitution. he dishonored it. in every respect, was unworthy to be president. did not respect the office that he held and certainly did not respect the rest of us as well. i respect the office of presidency, of the president more than he did for how he mistreated it. and any event, he's gone. we have to, how can i say, it's not lessons learned because it was so evident all along, what a disgrace he was, but to find out how we can bring people together. that's our responsibility and again, nobody better than joe biden and kamala harris to do that. >> to our audience, the entire interview airs tonight. 10:00 eastern time on this network. joy, so many things that occur watching that. that number one, just the grand surroundings. we can be thankful they didn't find all of it during their rampage. we can be grateful that defenses held for at least part of the capitol but what a magnificent setting for your conversation and to the point the speaker was making,

our own national security and also some of the bigger challenges we have seen in the world linked to this pandemic and also strengthening global institutionsa close allegiance with donald trump. he once said he was as much a candidate for a nobel peace prize as barack obama, and he talked about him having many qualities. and when asked about our own prime minister, joe biden called him a physical and emotional clone of donald trump. how important is that relationship going to be, and where do you thinkjoe biden sees our prime minister? where do you thinkjoe biden sees our prime minister?— where do you thinkjoe biden sees our prime minister? well, i think it is not for me _ our prime minister? well, i think it is not for me to _ our prime minister? well, i think it is not for me to comment - our prime minister? well, i think it is not for me to comment about. our prime minister? well, i think it. is not for me to comment about how joe biden may view our prime minister or our government. the fact of the matter is we have a strong working relationship. the prime minister and president—elect biden have already been in touch, they have already