for the fed so the fed and the government is tall black rock by e.t.f. those things that you sell for us with the government with the printed money that we're printing ok that's obviously corruption at the highest level and it's horrible economics. that bonk they might convert to equity which apparently the fed's not supposed to own so you know the but they did not buy the actual shares and hurts but they have these junk bonds which there's confusion out there whether or not it converts the equity now they own equity which they say are not supposed but the people are always so smart right let's look at that with the people on the other and of all of this free money printing you know what they really think. of all this money printing people are mistaking stimulus payments for junk or scam now no they're not mistaken yet it is junk it is scam it is junk this is this is a scam. let that be a lesson to you money printing eventually comes to an end and the only thing that you hear is the jammed money printer and then you're wondering where's my food where's m

. >> black rock has cut fees to match van guard on the etf will now be $3 for every $10,000 vested it was previously $4 black rock holds a third of all global etf assets and van guard around a fifth verizon will pause ads on facebook in july calling out the social media giant for not doing enough to stop hate speech, harassment and misinformation. verizon says it is halting ads until facebook can create an acceptable solution. >> a couple of big names in communication services >>> we are also watching shares of nike down this morning amid pressure from covid-19-related shut downs reporting a loss of 51 cents per share. down 38% from this time a year ago. inventory is piling up the shift on line is squeezing its margins. the stock has been flat since january, the most recent quarter now is at the bottom joining me now, analyst, matthew. good morning the nike news here, the loss may be unexpected but we knew it was going to be bad. does this fit within the realm of reason of how bad it could have been? >> at the end of the day, we did know it was going to be bad. going from negative 50%

bringing in the head of black rock to weigh in on this steve will be with us also thank you for being with us this morning. what do you think of the policies we've put in place thus far? we've seen a huge proposal many had been hoping for, more fiscal drive from the european leaders. we've had in the u.s., congress and the federal reserve pushing through the report what is your take thus far >> caller: good morning. i would make a couple of quick points the first is the speed we've been seeing deployed over a course of a few weeks is truly unprecedented. nothing short of a policy revolution seeing that response .2 would be that europe has been lagging in terms of the response -- we are seeing the response start to take real shape. with france later today and the ecb that is ramping up that is amounting now to a very significant response that is the second point the third point you eluded to will be -- it is one thing to have deployed -- >> i'm afraid your line is a bit shaky. we'll try once more and hopefully we've got you now. i'm curious what your outlook is is this a risk investors

you and i in the past have talked a couple times about my concerns about black rock having such a facilitating -- and the concerns that were relevant to the potential of investment in energy industry particularly the oil and gas industry in my state of north dakota and what it seems to know be an excessive standard that they have applied in terms of climate and what not. however in recent days or weeks, i have been more concerned about that standard, their standard, of climate investment in a different standard for foreign investment in chinese companies and companies that don't meet the same enforceme menment dema that don't have the same accountability and transparency. it is an issue that required us to send a different letter in light of what i think appears to be a double standard so in light of the difference to provide the congress, should i be concerned about their role in the cares act and can you give me some insurances that they are -- this part of black rock won't impact the public's funds and the public's interest in the oil and gas industry vibrant, and the important national sec

louisiana, washington, houston, kingston, texarkana, monterey, faraday santa fe, tallapoosa, glen rock, black rock, little rock, oskaloosa, tennessee to hennessey, chicopee, spirit lake, grand lake, devil's lake, crater lake. >> stephen: (singing) "i've marched everywhere, man. i've marched everywhere!" men in black. >> (indiscernible). >> stephen: what? i'm sure it's navy blue. >> stephen: is it blue? yes. >> stephen: tim man in blue. these protests are uniting americans of all backgrounds. you may have noticed that boise, idaho does not have a lot of black people. neither does laramie, wyoming. in fact, part of that protest was because their only black resident moved away. explains this sign. and don't buy the false narrative that these are lawless mobs-- the vast majority of these protests have been peaceful. you might not know that if you watch cable news, because to the news, peace is boring. that's why cnn just launched their sister network: the burning trash can channel. (as blitzer) "breaking news. the fire has now reached the snickers wrapper. is it only a matter of time before the empty

morgan black rock which is now managing this bailout fund for the fed all of those companies have their own patents that rest on top of max's patton you can see the references if you go to the google patents on line with your patent number 595-0176 so this is the this is the expertise they're building on that macs create well i feel like robert oppenheimer you know who created the atomic bomb and then regretted it you know i created the virtual specialist technology just for its market manipulation to create this fairest exchange in the world the hollywood stock exchange but it fell into the hands of wall street in the house used to rip people off and i'm very sad about that talking about ripping people off we have another headline about how much private equity costs mostly to the pension fund industry but 1st we'll talk about cowper's which is. biggest pension fund in the world certainly in america it's there it's for public sector and california and cowhorse the biggest us public pension is considering boosting leverage to as high as 20 percent of the value of the fund or nearly $8000

the sierra club promoting these reinvestment funds and then they contain the very banks including black rock. the sierra club and the $350.00 have campaigns against them they include the very biomass plants you know even as we wrapped up the film 210-2020 these funds still contain these giant biomass. operations weyerhaeuser the blocky company and this one in florida i'm blanking on the name right now but it's cited by the sierra club in their op ed saying that they hate biomass so you know i take them at their words enough so they also they also don't like showing bill mckibben endorsing a small biomass plant in a military college my point is if you're one of the environmental leaders of the planet and you happen to endorse a small clean coal plant nobody would think that was a one off. something mckibben writes are only heard about that are out there. mckibben writes in rolling stone on that issue and says that yes you are right he did endorse it but then he changed his position and you did note that how would you respond because the double messaging of the environmental movement is noted

black rock ceo larry fink has warned the u.s.conomy will require more stimulus if rising cases force the government into a second lockdown. >> i think the market is probably a little ahead of itself at this time because i still believe we are witnessing real tragedies in the small and medium businesses. if we have to go back to more compassionate society and more lockdowns, then it will require larger fiscal stimulus >> in just a few months, the pandemic has reshaped the restaurant sector as businesses have shut their doors and switched to a delivery model expanding fine dining delivery service super hiring several new eateries since march >> founder of super, great to have you on today. you can see many of those motorcyclists zipping across town how different is your business model because it does tackle the high end which has been very hard hit by this crisis. >> good morning. basically, we concentrate on quality and service. we are not a quick delivery service. since the beginning, we focused on on the delivery more than the t

black rock, dragon air and fidelity have participated in a third of that amount important to note thatminfo is different from zoom fun fact that zoominfo did list zoom video as a major customer. zoom video, even though they went public a year ago, it played a big roll. road shows in the era don't take place on the road anymore but over zoom. so advisors say that made the process more efficient management teams didn't need to travel across the country and eat in fancy ball rooms with investors. investors were able to give those meetings more attention. >> i've got two questions for you. number one, how is the little guy? and number two, how has the market changed in the coronavirus era? >> i think they are related because the ipo window just happened to reopen the day i got back from maternity leave. if the little guy just gave his stamp of approval. he issic whatti waking up i think he knew i was on "worldwide exchange" and didn't want to miss out on the fun. your second question whether this opens the flood gates for more deals, a lot depends on performance. yesterday, warner music di

is a black rock he is a wonderful synthesis of any given moment at hand. russell, what is this thing you see right now within the koester ich synthesis you have? what is a moment for you in investment? a right now we have got a pull and push about the uncertainty about the virus, the pace of reopening, the long-term damage, and the fact we have had incredibly powerful response by governors not just in terms of the size, so in terms of the rapidity and unlike in 2008 and 2009, 2010, we have this time as a hand-check between fiscal and monetary. investor should not dismiss the boards of that when they think about the importance of risky assets going forward. tom: how do you adjust to a second half 2020 after a 40% move in equities? stocks are likely to end the year higher than they are today. it is certainly not going to be a straight line as we have seen this week. we're still wrestling with the virus. i think we will be living with these episodic flareups for some time. at least until we can have a vaccine. if you look at the national numbers, they are mor

dorion -- philip hildenbrand of black rock was really good about this. 30ish and theober election isust a few days later. what does q3 look like, and who does it set up best on that first tuesday of november? jonathan: we've mentioned this a few times over the last few weeks, it is creeping up higher on the agenda, isn't it? lisa: and i wonder how this is going to be factored into the market action. right now it seems like the fed is able to absolutely overwhelm any wall of worry, even though there are bricks being added to it by the day, with trade tensions, protectionism, as well as the election. , equities upht now on the s&p 500 by 0.9%. risk on, a mild move higher in the equity market compared to some of the bigger moves over the last couple of weeks. twohe bond market, tends up basis points to 0.73%. thehour from now, one of interviews of the morning on bloomberg radio and bloomberg tv as we catch up with the st. louis fed president, jim bullard. 8:30 eastern, 65 minutes away. from new york, this is "bloomberg surveillance." ♪ ♪ jonathan: from new york, this is "bloomberg surve

joining us are you at black rock positioning for a biden victory in november?on. it's definitely something to think about. i always say markets can only focus on one thing at a time so far they have been rigidly focusing on covid-19 the election is coming without a doubt. your polling figures point out there could be a change in administration >> thinking about it or putting it at the top of the list of factors you're considering the economy has been heavily hit by coronavirus is that not a way bigger factor in your decision making as to where you should have exposure >> they are both big factors what we're trying to look for with respect to election is free options. both protecting on the downside and capturing on the upside. on the downside, we're highly focused on corporate taxes biden has been very clear he plans to roll back half of the trump tax cut. that's a real possibility. with covid-19 there's been a lot of fiscal spending with the money we don't have. the need for rising taxes for individuals as well as corporations is high, and he's committed to it

we see goldman sachs, black rock, citi group. the cfo of citi group is black and said we shouldn't have a case where people are scared on the street. said by 2025, a quarter of its workforce will be represented by minorities, going forward. and most try to steer out of the politics, john. this is what i thought was interesting here. but not from the cloud group box, where its ceo said aaron levy, and i am quoting him here, that donald trump has no ability to help this nation heal. and he says he's been stoking the flames with his lack of response, and the hard line on the police front, as well. and i was thinking back. can this provide the actual change going forward? i covered the 1992 riots in los angeles, and i'm from that city. and there was a lot of change. a lot of investment going into the inner cities. was it sustainable? and the answer is no. bob iger and his team from disney, the big media giant, was suggesting because of the covid-19, and now having this widespread action by people on the street, it's opening up all the

you sold starbuck's and black rock, bought dunkin' and nasdaq.ce that i experienced in purchasing starbuck's as it relates to blackrock, now i want to be what i call toll collector, and that would be the nasdaq the trading environment is very fertile. you could buy goldman sachs, other exchanges, but i chose blackrock itself >> katie, you added to blackrock. >> i did citi and j.p. morgan an, , if y looking at more traditional banks, where i think they'll be making their money is on the investment banking side, and joe, in those trading businesses with volatility upthe way it is, those guys will make money on the equity markets, and on a fixed income if their traders are trading the way they should be, they'll be making money on their proprietary trade books as well that's another big one >> do you have one for me, courtney i have less than 20 seconds. >> square because of one area. >> steve weiss >> yes i like the market overall. i'm not bearish but final trade would be lulu. >> i'm not recognizing they're bearish. i'm looking at recent moves. >>

since the march 23 close both vanguard and black rock's esg funds have outperformed the broader market up 37% from the market bottom thank you for joining us, john my first question is on performance, actually. would we expect esg funds to outper in volatile times or when markets are less volatile? >> certainly they have outperformed during volatile times. part of the reason for that is that they have management teams generally that are well able to deal with these issues they invested in companies with management teams that do well during periods of crisis. >> we're learning a lot about company management and ability to deal with crisis during this time period. we're getting real time evidence in terms of whether or not the policies and procedures that companies have in terms of how they'll deal with the employees, supply chains, and the communities in which they do business will actually play out during the real crisis as we get this information, we're able to bake it into investment decisions that we're making day to day. so it's gone from something that is looking at policies and p

economist and he has no business hyping these numbers because you do that to a big client like black rockou're long and you're no longer a big client any more so also what's interesting is the shortest and deepest recession on record, that ended from what i understand, he said that it ended in april or may, and that's pretty fascinating, and it would correspond with some of the fed action, the massive amounts of stimulus that got thrown into the economy liz, this is a good, if this is real and there's a lot of good evidence to show that what bryson is saying is accurate it's great for the american economy and it's going to be used if this thing keeps going this is where it becomes economics becomes political. it's going to be used by president trump as he runs for office. he's going to say simply this. the country is in turmoil right now. the economy is improving based on my, what i did and how i stimulated the economy, how i pushed the fed to ease, you know , why go to somebody else? and you can make that point because these numbers are, if you listen to the people like bryson, again a p

. >>> another market voice and a big one rick reider black rock chief investment officer he oversees more than $2 trillion in investment and the head of global allocation team youhave to have so many titles rick i can't even get them all out without stumbling over them. >> sorry for making it hard, scott. >> give up one or two. you're still the bond king, all right. >> trying to generate return every day. >> i hear you. you do a good job of it. global allocation fund 62% equities versus 25% fixed income there's really no competition for stocks right now, is there >> no, you framed it right in your conversation earlier about free cash flow, we're dying for free cash flow in the fixed income market and i think as richard said, the fed is not going to let us have any for a while. not just in the treasury market, but you look at the credit markets. i mean, companies are funding today is extraordinary so, we think all equities are not chief almost by any metric although i would argue if you take free cash flow, we use a metric discounted by forward interest rates and by the forecast curve

america's cio at dws and global cohead and cio at credit black rock david, maybe, i can't tell for sure100 stocks i want to grill down on that on 3,000 on s&p, what would your actual advice be would you be selling to strength on the rebound or if it were to go down another 5% 10%, would you be recommending that dip bee bought how do you really feel what should an investor do right now? >> joe, it is always straight talk with you, i appreciate that within market timing, i would sell this market bounce. there are more days like that to come i think the s&p still needs to correct here to be within my estimate of fair value. >> within that forecast, you make the point growth is still better if you are going to be in stock market and whole growth risk light assets. i don't think you are talking about that there, you are talking utilities and credit, right? >> that's right. value stocks have been the strike out king for three and a half years now, growth has dramatically outperformed value. i believe investors should stick with growth stocks they should find value out of bonds. particularly f

just this bare black rock but the people began getting fertilizer and sprinkling it on the rocks and getting grass seeds and the people did it and they got support from their local government, and now it's beautiful. >> a question. three minutes. >> you have to wait five minutes. [applause] >> i can't stop in three minutes. are we in a sure -- must we stop exactly on time? >> no. >> thank you. , thank you. >> so, thank you. so, if you have to good, you have to go, but i'm not going to be back here for ages and i really have stuff to share, and i had planned to talk for another ten minutes so if that's okay with all of you. [applause] >> so now if you go to suddenberry you can see that it's got trees back, they've got wild animals dom back the pair grin falcon had been extinct for areas and there's an amazing photograph showing the town before and after and it's really encouraging. and the example that's even closer to my heart is the area that i described around gombi that was totally devastate by too many people living on the land and the land could support, and we started a program

some parents are using this as a teaching moment and page go their own rocks. >> black lives matter.hey're all people. >> what do you hope this accomplishes? >> i hope that people can see that they have to do something. >> abc7 news. >>> when it comes to issues of equality, justice and race, we are here to help you find your ally and take action. there are links to resources to help you navigate. >>> a more equitable bay area is a better bay area. that's not the only issue. what about our health, our children's education and the economy that knits us all together through work and play? the has taken a huge hit and resulting shelter in place orders that closed so many businesses. today, gavin newsom came to the bay area. leslie was there to hear what he had to say. >> reporter: the owner and chef of miss ol'ies, a popular caribbean restaurant, said being closed for months and then the curfew overwhelmed her. she was pleased with the governor met her staff and sat down to talk today. >> people need to hear how businesses are suffering. especially brown businesses. small businesses in g

or the letter to ceos, ceo larry think of black rock, about what uncontrolled glide it -- climate change has on the economy. >> i think that's basic due diligence for someone in your position. i can send you a package if you're interested. there's also a letter from economist. i think you should do that. i'll get back to you on that. the warnings are pretty stark. it would be a shame to act in a way that's inconsistent with very clear warnings. another question is the rule of special interest interference at omb. for as long as i've been at the senate the omb has been relaxed and wanting to meddle in administration. they seem to have two bites of the apple in terms of environmentalism, fundamentally corrupted by the fossil fuel industry, does exactly what the fossil fuel industry says. they meet exclusively with the fossil fuel industry, and over and over again have its door to -- the termination blown up because it's obviously following the suggestions of the fossil fuel industry. >> what is your sense of what the proper rule is of omb in terms of meddling in legislation in a secretive

them now or the federal reserve reports, three of them now, or the letter to ceo larry think of black rock about what uncontrolled climate change portends for the us economy in particular? >> i have not. >> i would advise you to do that, it is basic due diligence for someone seeking this position. i will send you a package. there is also a letter from economists that i think was published in one of our leading newspapers, perhaps the wall street journal. the warnings are pretty stark. it would be a shame to act in a way that is inconsistent with very clear warnings. another question is the role of special-interest interference at omb. for as long as i have been in the senate, omb is the last readout for special interests wanting to meddle in legislation particularly in the environmental space, two bites of the apple, one is if you look at an agency like epa it is my view fundamentally corrupted by the fossil fuel industry, does exactly what the fossil fuel industry says, has its senior decision-makers out of the fossil fuel industry, meets virtually exclusively with the fossil fuel industr

larry fink of black rock about what uncontrolled climate change por tends for the u.s. economy in particular? mr. vought: i have not, senator. senator white house: i would advise to you go that. i think that's pretty basic due diligence for somebody seeking this position. i will send you a package and if you would be interested in doing that, there's also a letter from economists that i think was published in one of our leading newspapers, perhaps "the wall street journal," i'll get that to you as well. the warnings are pretty stark and it would be ashame to act in a way that's inconsistent with very clear warnings. another question is the role of special interest interference at o.m.b. for as long as irving in the senate, o.b.le -- m.b. have been nd of the last redoubt for violent environmental administration. particularly in this administration, they tend to have two bites of the apple. if you look at the effort p.a. it is fund mentally corrupted by the fassel fuel industry. does exactly what the fassel fuel industry says. has its senior executives come out of to -- t

joining uz senior markets kpen take thor mike santoli stephanie link and black rock strategist mike pile joining the conversation mike santoli first to you. you know, it had been a steady and slow grind higher. and then, bam. what happened? >> not a single thing happened except we can say the conditions were in place for some kind of a pullback i don't think anything said it was going to be 6% in one day. but this market has been prone to these extreme one way moves in any given day the s&p 500 was up 1,000 points, almost exactly from the march 23rd low to the high on monday, 3232 so up 1,000 points it's now down a little more than 200 of those points. you know, in that context, we gave back 20% of a massive rally. we might be bracing for a little more storminess as the summer gets going maybe it's just going to be a volatile range we wiped away a lot of the froth in a single day. really three days, two of stealth selling and one of outright liquidation today >> steph, you said you were doing a lot of watching today to kind of mayhem it unfolded. the it is very hard to step in and buy to

rock has become a public message board. for the past week, the message has been black lives matter., this message has been tagged and painted over multiple times. >> so what? some people who are so uncomfortable with black lives will complain and the city will page someone to page it over? the city has never painted over this rock before. >> reporter: this morning it was caught on video by a neighbor. this time it was a san francisco public works employee. after receiving community complaints. the supervisor represents the bernal heights neighborhoods. >> i can't believe the city, the county of san francisco would use tax dollars to be complicit in the erasure of a vitally important message. >> in a statement to abc7 news, the director of the public works department apologized, calling it a mistake. to be clear, it was not done in an attempt to silence people's anger, sadness and frustration over police brutality and institutional racism. i have reached out to the people who painted the mural to offer my sincere apology and assurance that we will not be removing her work from the bo

sprint, but a big deal that we will be watching closely >> regeneron, you are up 100 and change and black rock0 and change. >> and pnc selling almost similar in terms of numbers. we will see how t-mobile does here again, an enormous sale. goldman and morgan stanley shepherding that one a couple other quick ones, we talked about american airlines yesterday, this he got it done 1350 is where they sold the $750 million worth of stock and they did do the convertible, 20% conversion premium, 6.5% coupon and so that's another billion and a half there for american airlines remember pg&e, they will be coming out of bankruptcy very soon and they have about $4 billion in stock, common stock, that they are selling and another 1.2 or so, $3 billion in equity linked securities as they prepare. that one has gone the other direction. that has gone down dramatically. there is recovery value in the equity, but it's not what some had expected it would be when they remerge, but we will watch that closely debt capital markets, equity capital markets just on fire. >> carl, people just can't stop misunderstanding t

a march to the state capitol happening right now after another police shooting on of a black man rocked the city. late yesterday the medical examiner ruling friday's fatal shooting of rayshard a homicide, two gunshot wounds to the back. it all began with a police response to a man having fallen asleep in a car and blocking a wendy's drive through, his wife saying this to craig melvin, my colleague, moments ago. >> this morning when i woke up, my daughter asked me, are we still having swimming lessons, and i didn't know how to answer it. i'm thinking she dunce understand that her father is dead. >> brooks death adding fuel to nationwide protests and calling for police reform, already leading to atlanta's police chief to resign. in a moment the county's top prosecutor joins us live with an update on the charges against the officers involved in that case, that decision expected to come quickly now that the autopsy report has been completed. officer garrett rolfe seen on video firing shots at brooks and pictured here on the left was fired from the department over the weekend. officer devin

a march to the state capitol happening right now after another police shooting on of a black man rockedback. it all began with a police response to a man having fallen asleep in a car and blocking a wendy's drive through, his wife saying this to craig melvin, my colleague, moments ago. >> this morning when i woke up, my daughter asked me, are we still having swimming lessons, and i didn't know how to answer it. i'm thinking she dunce understand that her father is dead. >> brooks death adding fuel to nationwide protests and c

and they say it stands in solidarity with the black community. >>> a rock has been the source of controversy this week in san francisco. in a span of less than a week, black lives matter artwork has been painted over or tagged at least five times. and yesterday it was the city of san francisco that painted over it after receiving complaints. san francisco public works later apologized calling it a mistake. artists plan to keep at it.le v violence on this rock. >> the boulder has become a canvas for different artwork over the years. and abc 7 is concentrating our efforts into four area, health, education, changing work play and the economy. private schools including some right here in the bay area have been forced to close because of financial reasons as well as their inability too comply with the new district protocol regarding precautions. st. john the baptist is one of those casualties. like many other private school, st. john relied on tuition and fundraisers to keep them financially afloat. >> and the gap gotid and wide and the answer, the solution, became more clear unfortunately. >> la

last week, an artist wanted to mark this moment in time. >> i first painted this rock on wednesday to say blackes matter on the front. by thursday morning, it had been painted over. that has continued to happen. this is the fifth time now that i have got two other artists helping me paint the message back. >> thanks for painting again. >> yeah, sure. >> reporter: she acknowledges that the messages are usually left in place and respected from anywhere from several days to a few weeks. she says her neighbors confronted one woman who was caught painting of the message. >> we don't know if she has painting over every time, but we talked to a woman who was painting over the rock. it was an upsetting experience. >> reporter: whoever is painting over is not creative. there simply painting over the mural. she says the message they are sending is clear to her. >> racism, hatred, et cetera, it's everywhere. it's woven into the fabric of our society. it's in this nice neighborhood. >> reporter: the artist does not want the back and forth to be about her. she says it's about more than just this one rock in

. >>> futures under pressure to end the week we will talk about the big drivers with black rock's rickead financials down on this news a look at the sectors coming up. >>> plus, your money, your vote. how much will the presidential election play in the market? pollster frank luntz joins us with data as the second hour of "squawk box" begins right now. >>> good morning welcome back to "squawk box" right here on cnbc i'm andrew ross sorkin along with becky quick and joe kernen. 2 1/2 hours before we open the dow looks like it will open off a little bit, 40 points. nasdaq looking higher again. keeps moving higher. s&p 500 higher as well joe? >> economists looking at alternate data to better gauge the pace of the economic recovery and to measure the impact of the recent rise in covid cases, steve liesman joins us now with his backrometer. that's a new one, steve. >> the road back barometer, thanks we have the rise in cases and what we have as a result of that is not a decline but a flattening of the curve of opening up the economy here. let's take a look at the covid data right away from t

we had a recent panel before this committee that the head of sustainability at black rock said there "an overabundance of esg data." the strong majority is not connected to materiality. which is a fundamental foundation of our disclosure framework. given the vast amounts of date. >> tara: and questionable utility for some if not most companies is it appropriate for the commission to dictate a single esg scoring system for every public company using that data? >> look, i've been very -- that's coming out one way. coming at it a different way, i've been very clear i think a single esg metric doesn't make a lot of sense. when you take qualitative metrics that have a degree of subjectivity and then personal preference. so just one of those has a fair amount of ambiguity in it and then you combine them together to come up with one score, i kind of -- you know, i love -- i love economist, he won the nobel prize showing them when you try to rank like that, it doesn't work out very well. >> okay. so likewise, with the coronavirus. do you think there's an appropriate one-size-fits-all disclos

members of the committee and my fellow members of the congressional black rock is, for your leadership on the issue. i want to stress deepest condolences to mr. floyd and miss underwood jacobs as well. all of us will continue to review and your families in our prayers. what happened to your brother, to floyd, what happened breonna taylor, is truly an outrage and i pray that coming together am a meet the moment by honor their memories passing the justice and policing act, not just to honor the memories, but the memories of so many others across the country. marshall, ahael 15-year-old 112 pound black and was killed while enduring the psychiatric episode in jail, he was her strained five deputies for over 30 minutes at which he suffocated on his own vomit and died. elijah mclean, a 23-year-old unarmed black, died after an encounter with the police department while walking home one night. after initially not responding to police, the plane was tackled to the ground by officers, placed in a choke hold, and vomited. he was later suffered a heart attack. clearly hear a lot. he was put in a c

members of the committee and my fellow members of the congressional black rock is, for your leadership on the issue. i want to stress deepest condolences to mr. floyd and miss underwood jacobs as well. all of us will continue to review and your families in our prayers. what happened to your brother, to floyd, what happened breonna taylor, is truly an outrage and i pray that coming together am a meet the moment by honor their memories passing the justice and policing act, not just to honor the memories, but the memories of so many others across the country. marshall, ahael 15-year-old 112 pound black and was killed while enduring the psychiatric episode in jail, he was her strained five deputies for over 30 minutes at which he suffocated on his own vomit and died. elijah mclean, a 23-year-old unarmed black, died after an encounter with the police department while walking home one night. after initially not responding to police, the plane was tackled to the ground by officers, placed in a choke hold, and vomited. he was later suffered a heart attack. clearly hear a lot. he was put in a c

rock. >>> white coats for black lives. today, doctors, nurses and other professionals took a knee in solidarity with the black lives movement. infectious disease specialist dr. peter chin-hong helped lead that effort. >> police violence is a public health threat. it results in poor health outcool. when you add up the numbers, it dwarfs what we're seeing in covid-19. >> he says using teargas can spread covid-19 because it makes people cough and scream. it also makes people rub their eyes and noses. >>> tomorrow, b.a.r.t. will give an update on its plan to install fair gates at stations. it's supposed to prevent riders from sneaking past without paying. with ridership down dramatically, can b.a.r.t. afford the new gates? >> reporter: this is not the b.a.r.t. many are used to. face masks and the riders are down to about 40%. b.a.r.t. riders have been 60% of the budget. last september, b.a.r.t.'s board approved to replace 600 fair gates with larger swing style gates. a move that b.a.r.t. said would cost $150 million. the goal

black eyed peas. give us the scoop about that. >> you saw that. it's so easy to rock out to this. such good music. bum called "translation." it's their eighth studio album. they're going international with this. collaborations all the way down the list. some of the highlights are shakira, french montana. so many others. a lot of latin and reggaeton on the album and people are asking is fergie on this album? no, they have still parted ways. she's not there but it's still incredible and you can check out some of that music. they are going to be live on "gma" performing wednesday as part of the summer concert series, so listen in and tune in for that. >> oh. a lot to look forward to. jeremy, thank you so much. you can catch jeremy hosting "people now" streaming weekdays at 1:00 p.m. eastern, and you can pick up this week's issue of "people" magazine on stands now. whit, you can keep rocking out to that music. >> all right. they just got to keep playing it in the studio. we now have our like, you know, generic "gma" jingle which is also nice but not quite black eyed peas. >> can you not encourage him t

myself this week because a story came out about me on "snl" doing an impression of me on chris rock in black face and i was horrified. the thing that haunts me the most was how do i say i love this person i respect this guy more than i respect most humans. i'm not a racist i don't feel this way. and instead what i kept getting advised was to just stay quiet and not say anything, and that's the advice because we're all afraid and i took it for a minute i took the advice and said i'm going to do this wrong you're right, i'm going to say something and get myself into more trouble i'm going to make this worse. i don't know what to do so i thought about it and i realized that i cannot not say i'm horrified and i'm sorry and i'm embarrassed. and what that small gesture did for me was break my own silence and what then i started to do was talk to some experts, which of which are here tonight and this week, and i realized that the silence is the biggest crime that white guys like me and the rest of us are doing, staying silent. we need to say something. we need to keep saying something. and saying t