bond programs. would you like to to say anything or introduce yourself to the public? >> i'm yeah, i'm serving in the civil grand jury seat and i'm happy to be here kind of bring aspects of transparency and oversight you know are very much of interest to me. my background is in hospitality and in sales so it's kind of interesting to dive a little bit more into some of these issues facing our cities, you know, and really the full scale of these bond measures, you know, really encompass everything for city government. so happy to be here and put my work in for this committee. thank you. okay. i don't number two thank you. item number two general public comment. members of the public who wish to provide in-person public comment please line up at the podium now. >> each person will have three minutes to speak. >> for the record there are no in-person public comments. >> this concludes the public comment section for this agenda item. >> item number three please. item number three approval with possible m

you as commissioners have the opportunity to approve tax exempt bonds, tax exempt bonds are bonds where the investors typically don't have to pay federal income tax on those and as a result they accept the lower interest costs for that debt. so you get a much lower cost than for example, corporate borrowers. we also take advantage of low interest loans from the federal government including the with your loans that you've approved in the past and also our state revolving fund loans. so we are able to borrow at much lower costs. >> the third piece the second piece of this is that we are repaying over time most of our debt is repaid over 35 years an important concept in our world and for our capital finance team and the financial partners we work with is the time value of money. a dollar today is worth much more than a dollar tomorrow because of inflation and certainly much more than a dollar in 30 years. that is why we pay interest is because we're paying back over time with dollars that have less purchasing power in an era where recently inflation has been seven 5% you can understand tha

valerie, what a day for bond markets. valerie: historic day, a sea change in german bonds.as the overblown? bond losses and yield rises, looking at france and italy, similar jolt by the german infrastructure plan. euro rose 4% in three sessions, moving the most since 20215. options positioning is bullish, the biggest since covid times in five years. add a dovish ecb and volatility in u.s. markets, equities had 5 straight sessions of 1 percent swings. the fed beige book did not mention recession. tom: voicing concerns about recession, raising the odds to 30%. indeed, market reaction is pronounced. cutting interest rates again today, second time since june. how is the glide path hampered by defense spending? live on the ground, this is bloomberg. ♪ tom: european central-bank poised to cut rates. lizzy burden, a cut today and then what? lizzie: indeed before the news out of germany, anything could happen because governing council is divided, many think interest rates are neutral. some say this will be the last cut and they could cut all the way to one percent. some are worried

the bond market has spoken. the fed to validate that the whole world, at least in the us stock market, investors especially would like to see rate cuts this year. we need to see an abatement in inflation. but any dovish comments out of the fed talking about the potential for multiple cuts will be well received by the market. >> i need the elevator pitch on your pick. i'm going to just say it. it's robin hood. why is that your pick? very quickly. i know it's really quickly. it used to trade like a meme stock. it isn't. it's a legitimate company. they've got tons of aum. they're bringing in young investors and educating them. they made an acquisition tradepmr that legitimizes them. i love. >> the name. got to leave it there. thank you very much. scott bessant coming up on squawk box, which starts right now. >> good morning. >> welcome to jobs friday. we're just a few hours away from the big number. >> i don't. know if it's. >> going to be. >> a big number. >> be a big number. it could be a small number. we're goin

it is unheard of that a capital murder defendant charged for a murder -- charged gets a bond, low bond: especially when they killed a cop. next guest broke the story and calls it a slap in the face to all law enforcement. andy cohen from houston crime stoppers joins us now. why did this happen? i know shiewfn a little different. what is the reaction from the local residents in houston over this? >> well, first of all, lawrence, good seeing you again, thanks for having me. >> lawrence: you too. >> when i first found out about this, i was stunned, i was mortified and then i got really, really angry. because, in my over 40 years of being involved in law enforcement. and criminal justice, i have never ever seen a defendant charged with capital murder of a police officer ever released on bond. this is a slap in the face to all law enforcement officers and to the public in general. from our perspective, you do not release an individual who represents a public safety risk. if theand this particular defent involved in ambush of harris county deputy in which 41 casings from found at the scene,

bond yields in america lower.d economic data from 20 minutes ago. in germany, we are a big by double digits. the divergence, yields of. mike schumacher joins us now. germany coming up to the united states and the united states coming down to germany. how much more convergence are you expecting? mike: a fair amount. it is a structural shift and people have been talking about defense rising -- defense spending rising incrementally for a number of years. that is a huge change in europe. i imagine other countries get on board and see what we think could be a massive shift as more issuance and pushing up yields for yours -- u.s. levels. jonathan: issue -- additional issuance celebrating the so-called black zero, balanced budgets. when the money starts to go towards germany to finance the deficit, how do you think about where it is coming from and how the flow start to change? mike: so many implications. the ecb meets tomorrow in four years i and a lot of people have said the ecb is the only game in town as far as actua

we will catch up with jim beyonca as the global bond selloff continues -- jim bianco as the global bond selloff continues and james foley of rabobank. eu leaders holding an emergency defense summit as germany gears up to ramp up spending. oli crook joins us now from brussels. typically would be ecb date. i am not sure how money people care about this ecb. front and center in the driver's seat is brussels and where you are. >> that's right. you can see just behind me, i think we have a zelenskyy just arriving, along with european leaders, having this emergency mean that was called after a number of policy initiatives by donald trump and what the reality of what this presidency means for europe and european security. we have had leaders, politicians, everyone tell us it's been a wake-up call since november. this is the week europe got out of bed. 150 billion euros in terms of loans. the main issue here, and you will notice from covering the crisis, we have a chancellor coming into germany, cdu leader, this is the party that put the debt break into the constitution of germany who is now lo

it's the same across— in bond yields.larly funnily— across europe particularly funnily enough in you are seeing the real political outing pulled of the to new government needing to persuade the coalition partners. what that means persuade the coalition partners due at that means persuade the coalition partners due course means persuade the coalition partners due course translate could in due course translate into — could in due course translate into higher mortgage rates which _ into higher mortgage rates which could hit people. let's stay with europe because inflation has eased across the 20 nations that use the euro currency, adding to hopes of a cut in interest rates this week. according to figures out in the last few hours. that's below the 2.5% seen in january. but the weak state of europe's economy means the ecb is still likely to cut the cost of borrowing this week, as economist sylvain broyer told us earlier. we expect the ecb to cut rates this week. — we expect the ecb to cut rates this week. it— we expect the ec

what that means of courses higher bond — that means of courses higher bond yields could in due coursefect at the same time, with beijing vowing retaliation. tariff levels are undecided. so, what's next? markets seem to be calm in the face of a possible global trade face of a pessibte . ..--. ..--- face of a passibte . .. .. war. yes. we are seeing increasingly _ war. yes. we are seeing increasingly little - war. yes. we are seeing increasingly little bit - war. yes. we are seeing increasingly little bit of. increasingly little bit of starting to appear. the tension starting to appear. the started in green are =zee red. speaking the red. broadly speaking pretty flat. what is pretty much flat. what is happening is that wall happening here is that wall street is trying pass street is trying to pass. , all the comments street is trying to pass. , of all the comments "we"; street is trying to pass. , of ai white omments "we"; street is trying to pass. , of ai white house its "we"; understand what exactly is going and how going on and how seriously should they take the of should they take t

government bonds.dage never go short bunds was proven wrong, with yields flying 42 basis points higher in the last session, it lifted yields across the eurozone. and this is important, tom, because these other countries are more indebted, their fiscal headroom is eroded even her with this lift to brent yields. the euro on the week up more than 4%. it has just flown at the gates. we're now talking about levels like 1.10, one .20 not far ahead. it was only a few weeks ago we were talking about parity. that narrative has been put to bedford now. if we look at how the euro has performed this week on a historical basis, it is the sixth best week since the inception of the euro, we have really just flown off the gates. all the short positions on wound as we are now bullish on the european currency. tom: the sixth best week since its inception, while. -- wow. what is happening in u.s. tech? the real seemed to be coming off. >> coming up quickly, tom, the nasdaq hit all-time highs two weeks ago, it has lived 9

we're back right after this. >> i wish. >> the bond report is brought to >> the bond report is broughtby pimco, at ameriprise financial we know our clients are so much more than clients. they're go-getters and legacy-leavers, and what matters most to them matters most to us. it's no wonder we have a 4.9 out of five client satisfaction rating. ameriprise financial. - [narrator] we just signed the lease on our third shop. out of five client satisfaction rating. my assistant went to customink.com to get new uniforms with all the locations. he found great products, uploaded new art, and had boxes sent to all the shops. custom ink makes it so easy. get started today at customink.com. (♪♪) (♪♪) what took you so long? i'm sorry, there was a long line at the thai place. you get the sauce i like? of course! you're the man! i wish. the future isn't scary. not investing in it is. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com celebrations, but for all the hard work it took to

i think in the context of broader bond markets, there the context of credit. we think about the demand that has come from european investors for u.s. dollar denominated corporate credit because yields here were so much higher,-year-olds were more attractive, that relationship becomes a little more tenuous now with bunds having moved 30 basis points. and that aftereffects hedging costs were yield differential that you can pick up is now less than before. i do think it has implications for our u.s. markets. scarlet: ripple effects can be large. what is interesting when you bring up credit is i have been reading about how some people are saying corporate bonds are replacement of treasuries, safe havens. investment-grade credit is seen as less volatile, certainly when it comes to price action the treasury is less acceptable to policy headlines. treasuries. do you see that? is that something your clients are telling you are treating it that way? >> i have certainly heard that sentiment before. i think there are some companies i do have fortresslike balance sheets w

texas law allows judges to deny bond and capital murder cases.judges say that the district attorney first needs to request what is known as a proof evident hearing. they have said before that these hearings can jeopardize their cases by forcing them to reveal their evidence early on. in this case, records show a hearing was requested back in 2024. it never happened appeared francis' attorney spoke to reporters outside the courthouse today, saying his client has the right to bond. >> all of these police officers, honestly, it is disgusting. what happened to the presumption of innocence? you think that everybody that comes down here is found guilty? >> judge unger is up for reelection in 2026. her campaign website shows one of her core beliefs is "courts should find alternatives to incarceration." judges cannot legally comment on pending cases, but we did reach out to her office, and she has not responded yet. >> shows not only does she not care about law enforcement, but she does not care about the citizens of the county, the ones who put her in t

finally, if i may, you have spoken about the deep bond between our two nations. and i would like to say to you, i'm here today to strengthen that defense and security bond between our two nations. it's needed now more than ever in this new era that we must face together. so, thank you for receiving us and thank you for welcoming our delegation and i look forward to our discussions ahead. with that, i say amen. sec. hegseth: if it's ok, we will take a few -- >> we will take two from the u.s. press and two from the british press. >> [indiscernible] sec. hegseth: i think it has been very encouraging to watch our friends in the u.k. and in france step up to say they are prepared to take the lead to ensure an enduring peace in ukraine. what the president has also said time and time again is let's not get ahead of ourselves. let's get folks to the table, let's get a commitment to peace and that is what president trump is actively doing with the russians in vladimir putin, and also the ukrainians in zelenskyy. in order to maintain enduring peace, there is a security asp

the judge who set the bond faced scrutiny before for letting repeat offenders out on bond. cannot comment on these ongoing cases but we did reach out and we have not heard back from them, dana. >> dana: brooke taylor, thank you for the update. bill hemmer, great to be with you today. see you on "the five" and special coverage. it is a big day here. glad to be with you. here is harris. >> harris: fox news alert.

you were mentioning bond rates. there is a terrific bond market rally going on more or less since the president was inaugurated. i do not know what the 10 year is today, is it above 4.15, 4.12. >> [indiscernible] larry: 4.30. i like to round numbers. i learned that from trump. the point i am making is could you talk a moment -- when you and i talked in an interview after your confirmation, you said that you were focused on the 10 year bond rate. the president himself is focused on the 10 year bond rate. the mortgage rate is come down, and on top of that even when people are telling everyone inflations our tariffs, commodity prices are coming down, oil prices are coming down. i wonder if you would talk for a moment or two the market situation where rates are falling? sec. bessent: the two things i talked about, that president trump is talked about, you will notice he has stopped calling for the fed to cut rates, because the purpose of cutting rates is to cut rates, and when the fed to cut rates -- i will criticize pa

in the bond market, what a run. single week, 10 year bond yields in america down seven consecutive weeks, the longest run since june 2019. a small bounce in the context of a bigger rally in the bond market, yields higher by just five basis points. last week, the biggest weekly drop of the year so far. lisa: this should be a good thing for risk assets. this is what people were hoping for, this is what the trump administration has been targeting. not so much. this is coming on the heels of growth concerns as well. i wonder how much of this market is skewed towards downward moves in the tenure being a negative tell on the u.s. economy and not necessarily parlaying into the risk on type of field. jonathan: the epicenter of the bond market moves not the treasury market but the blue market -- bund market. the german 10-year higher almost 10 basis points. in the fx market off backs of the -- off the back of that, the euro stronger, one. from reuters, economist advising the parties that will likely form a new government in

and finally, if i may, you have spoken about the deep bond between our two nations. i would say to you, i i'm here today to strengthen that security bond between our two nations. it is needed now more than ever in this new era we must face together. so, thank you for receiving us and thank you for welcoming our delegation and look forward to the discussions today. >> thank you. if it's ok, we will take a few questions for either myself or the secretary. >> we will take two from the u.s. press and two from the british press. reporter: is a security guarantee of truth from the u.s. and the u.k. enough? >> it's been very encouraging to watch our friends in the u.k. and france step up to say they are prepared to take the lead in to ensure an enduring peace in ukraine. but the president has also said time and time again, let's not get ahead of ourselves. let's get both sides to the table and get a commitment to peace and that is what president trump is actively doing both with the russians and ukrainians. there is a security aspect to it. the u.k. and france have pledged,

how do you factor that in to what is happening in the bond market? there has been so much anxiety around inflation concerns. where do you put this uncertainty into the way you are putting money to work? kelsey: while the timing may be surprising, pushing forward, this reciprocal tariff announcement, this is not surprising to us that he is continuing to pound the table on tariffs. just because he delayed canada and mexico earlier this week does not mean that the tariff story was going away. so the way -- yeah. sonali: i have to cut in here because we are now going to head to trump. went to bling bring you from the news from the white house itself. pres. trump: it's going to have high praying manufacturing jobs as opposed to government jobs. we have too many people in government. you can't just do that. we had too many. this is for 40 years. this isn't just now. this built up and got worse and worse and they just higher more and more -- hired more and more people. the department of education, so many buildings, i ride by that says department of educati

that has been the shift in the bond market.was hurt more than the u.s.. now the u.s. could be hit as well. people parsing through how much this is weakness we saw before the tariff talk started ramping up, seeing in the data. neil. i that point -- neil dutta would make that point. jonathan: this is what we have this morning. we can talk about what can change over the next month. 25% on imports from canada and mexico, an additional 10% on imports from china. next week, 25% potentially on steel and aluminum. early april, talking about reciprocal tariffs, 25% on autos, chips, pharma, and then throw in some ag products. annmarie: as well as lumber, copper. we have that report coming out when it comes to unfair trade practices they deem necessary for those reciprocal tariffs that president trump says is coming april 2. what i find interesting about all of this, what he said yesterday, there is no room left for negotiations with canada and mexico. analysts still think, how long can this last? at some point, there has to be negotiatio

special bonds as well for the big banks. these are the lenders that have been doing heavy lifting in china the past couple years. their margins have been coming under pressure. some fleshing out of the recapitalization plans. also leading gains in china. tom: the stock market reaction, individual names on the move on the back of that report. the details coming out of beijing. we will stay on that story and get the details in terms of what has been announced more broadly. china setting its economic growth goal at about 5% for 20 to any five amid the opening salvo of that trade war with the u.s.. the premier announcing the target at the meeting of the national people's congress. one day after president trump doubled tariffs on china. >> the target of gdp growth of 5% takes into account the need to stabilize employment, prevent risks, and include people's well-being as well as the potential for growth and condition supporting growth. so it underscores our resolve to meet difficulties head on and strive hard to deliver. tom: ok.

my bond with jahari but i have another 150 women i can bond with who i can go to and i may have a question about the program or i need help with that. i have 150 women i can go to along with the 200,000 women i can go to also. >> i recently heard quincy jones say that when musicians have to have passion, they have to have musical curiosity, and they have to be fearless. i hear one heard you mentioned, passion. so you seem to have that real passion for what you do and that's critical. >> yes. >> i know for me, it was something that was instilled in me since undergrad. i was fortunate enough to have great people assist with my initiation. they never had a break in membership. they encouraged myself and my sisters to continue on that path as well. i have six sisters from undergrad and most of us have stayed active. and my younger sister from my undergraduate chapter is currently in the alphaomega chapter and she has stayed active as well. >> we will hear more in the next segment and this has been good. i'm sure people appreciate all the work you are doing. thank you for being here. we'll come

so i'm a saw it as a matter of a woman by mine in the context of gender based bonds. this is added to argentina, is penal code in 2012 was punishable with the knife in prison. i sent them in a following through on an election pharmacist planning to move it last year, 252 women were victims of feminist size across argentine. vast majority of those murders happening and one is ours. that's one woman murdered on the basis of her sex or gender every 35 hours. 60 percent of those women were noted by an intimate partner or relative on an estimated total of around $8300.00 women. with victims of from the side across the americas. was found to memorize is legal and advocacy advised for latin america and the caribbean. that's equality now when open as ation, advocates for the protection rights women and goals joins us from new york. welcome to elders here. now i understand that you are at today's demonstration in new york . what was the strength of feeling? thank you, gary. yes, i just came from the demonstration the door and the energy will sum greyboard for relaxing of frien

jonathan: this sounds very bullish for bonds, is it?hold for a while because i have to sort out the crosscurrents and inflation potential from tariffs. they cannot do anything. in the long end, you have probably slow down which bring yields back down in the 10 year around 380 or so but not until we see the data because you are offsetting the potential inflation from tariffs. right now we are bouncing around waiting to see which plays out first, the inflation or the slowdown. right now it looks like the slowdown before the inflation. we do not know day-to-day what tariffs look like. jonathan: welcome to the program, the jobs report came out moments ago and it came out like this. 151,000. we were looking for 160,000. for now, we bring mohamed, let us get the jobs report. what is your interpretation? mohamed: i think you captured it well when you said no big news. the only thing that i would be monitoring is the labor force participation but everything else came in as expected. and i think everybody is right in saying what is more importan

there's really a lot to unpack in that in the complexity of those in bond shipments, but we know that there's a fair amount of cargo proceeds that are currently under bond that are being targeted by these transnational organizations. >> all right, thank you. let's hope we'd love to work with you to try to unpack that more and figure out how we can do things better. appreciate that. thank you mr. chairman. >> thank you senator peters. senator fisher. >> thank you, mr. chairman. thank you, mr. pew and mr. blanchard for referencing my bill. i appreciate you doing that. appreciate the support for the bill. i think it's extremely important that we get that to move. it's the household goods shipping consumer protection act that i've introduced with senator duckworth, and as you know, it would allow the fmcsa to impose those civil penalties against the unauthorized brokers, and it would require companies of household goods in the household goods sector to establish a principal place of business to prohibit that fraudulent companies from skirting those existing regulations. i'd like to thank

what is the bond market saying? >> so a couple things. one, uncertainty. usually when you see this flight to quality oftentimes a couple things, one it's growth and two it's uncertainty. you watch the volatility of the equity market. literally its been a long time since i would go into a meeting and come out like gosh i don't know whether the equity market is up or down 2% but based on what the headlines are so your point about flight to quality because the uncertainty is acute. second, the growth data has definitely slowed. the near-term, a lot of it is surveys, but the surveys and not just surveys some of the commentary from walmart and others about the forward consumer spend is definitely softer and i would say one thing. looked at the ism report this week. if you read the commentary for companies, one after another after another, said they are sitting on their hands, waiting to find out on tariffs so the data, the near-term data, i don't think it has recession but there's definitely some pullback and you have to respect the data. liz: because jpmorgan

what the new stewards of the james bond films are saying about the future. can throw you off your gameratching sound) (scratching sound) (dog whimpers) otezla is the #1 prescribed pill to treat plaque psoriasis. (people shouting guesses) otezla can help you get clearer skin, and reduce itching and flaking. (people shouting guesses) doctors have been prescribing otezla for over a decade. don't use otezla if you're allergic to it. get medical help right away if you have trouble breathing or swallowing, swelling of the face, lips, tongue, throat or arms. severe diarrhea, nausea, or vomiting; depression, suicidal thoughts or weight loss can happen. tell your doctor if any of these occur, and if you have a history of depression or suicidal thoughts. (people shouting guesses) football! (people cheering) with less itchy redness game night is a great night. live in the moment. ask your doctor about otezla and scan to hear how it works for a pro football player. [fighting scene] —ugh! here we go again —wait there's a red hulk now? excuse me... what do i do about this? —we use tide oxi boost. —i

. >> bond. >> yields. >> obviously sells off their debt. but this is. >> all about the euro rallying. >> against the dollar. >> this is all about the saudis siding with the us. >> and russia. >> and. >> cutting out the rest of europe. >> talking about ukraine. >> this is about. >> cutting an oil. >> deal with the saudis. so opec. >> decides they're going to increase production. to me, this mosaic and it is there. >> all these pieces. >> there are. >> related. >> and trump's impacting impacting all these corners of the market. and i think it's. not just about. the economic. >> data which. >> has been weaker. >> i think that. >> is part of it. >> i think tariffs are a big concern. >> but what's going on in europ, and the reaction. >> to us. foreign policy. >> right now has major implications for the dollar and. major implications for global bond yields. >> you guys know me. >> as like. >> the silver lining. >> guy right. yeah. >> so what i would say. >> about this. >> dollar weakness. >> is that. >> okay us. >> multinationals. >> especially t

was a roster of his investments in 1952, his stock and bond portfolio. it confirmed my suspicions it was the stock and bond portfolio a wall street trader would have had in 1952. peter: stops at at&t, kodak, bank of america, woolworths, etc.. scott: yes. trueblue patriotic portfolio that would kick up 3% or 4% a year reliably. professionally assembled portfolio. and tobacco companies, and chaplin did not smoke. [laughter] the idea of him as a radical leftist with a stock portfolio with that is hilarious. anyway, everything he owned was in california. luckily his wife oona was a native born american so she went back and closed out the investment account and brought them back with her, some of the money of course could be wired, some could be wired to europe. his brother basically handled the sale of the studio and the hardware within the studio, the cameras, all the hardware you need to make movies, sidney handled that. sidney when not living in nice would live sometimes in palm springs, sometimes in florida, he had a trailer and would travel around to wh

and the problem is the bond market has rallied quite a bit now.nd there's also question marks with the fiscal spending in europe, what that means for longer dated yields in europe. so from that perspective you need to broaden your hedges, broaden your diversification. we've been very focused on gold and gold actually in the last week or so has not really moved much. yeah. but before it really reacted a lot to tariffs. so we do think there's still upside on gold. and also the dollar i know the dollar becomes a different story now with what we discussed earlier with like the rest of the world looking better. but but you want to look at safe haven fx for example, one currency which hasn't done anything for the last nine months is the swiss franc. but but our team has looked a lot into the impact of tariffs on switzerland, and might actually be lower than than what you get for the eu or for a lot of other countries. >> okay, that's an interesting trade. well, christian, glad to have you on this morning as always. christian miller glassman head of asse

german bond futures are down, more spending could lead to more bond supply but defense stocks are inocus. defense sector has risen but how much will this go up? tom: 25 percent tariffs as early as april talk about how this is being worked through. >> tariffs will be at midnight unless there is a delay. we heard from scott bessent advice for canada. take a listen. >> one interesting proposal is matching the u.s. on chinese tariffs, a nice gesture if canada does it so we can have fortress north america from the flood of chinese imports. >> scott bessent saying mexico and canada should join to protect against cheap goods. fs market -- fx market is not fazed. market is pricing in a tariff delay. tom: indeed. let's check in with avril hong in singapore. averell -- avril: absolutely. stocks following the worst selling on friday, tech saw steepest decline since he had carry trade unwind healing we can --ruling the nikkei, now being erased, hearing from local media about china and flip the board, in terms of chinese valuations taking account for the selloff it was not that bad because they w

i think and also don't go woke with james bond.s -- charlie: that's one thing we can all agree on no matter what. steve hilton, thank you so much. >> good to see you. charlie: thank you for your magnificent shoe laces. [laughter] watch "the big weekend show" tonight at a 6 p.m. eastern, you'll see more of steve hilton. >>> let's turn now to chief meteorologist rick reichmuth out in fox square. rick: charlie, i should have worn a coat. it's cold again. it is going to get really nice this week for almost all the country. temperatures warming up, but we have some big storms coming along as a well. 'tis the season, i guess. show you what the the next seven days are going to look like, a lot of moisture out across parts of the west. we really need it. this is towards the end of rainy season for california, much of the four corner, and we have a series of storms that are going to bring 1-2 inches of rain, 1-2 feet of snow across the higher elevations. this is going to move across the plain ares and bring severe weather. notice parts of c

instead jewish active groups who were following the charge bonds controversy controversy mostly through word of mouth notice that perkins wanted to, they observed the political leverage she gains in mid 1934, whether charge bonds themselves would be remains unclear. activists wanted to avoid political backlash or a rise in the anti. and enter cecilia rose off ski. okay here's another one. raise your hand if you've heard of cecilia ski. okay the. one person who has held the person next to how. risky was a daughter of poor jewish immigrants and a colleague perkins on the ellis island committee. in april 1934 resolved. she took charge of the newly formed german jewish children's inc, the aca joined forces with the children's bureau a section of perkins's labor department that oversaw child welfare questions to facilitate the immigration of several hundred refugee children ironing out this process through a series of meetings. the charge gave way to a corporate affidavit enabling a group like the aca to sponsor refugees the first refugees that we see in my book are a group of nine children

tojohn lithgow in the audience looking, she said, i will give you four when you win an oscar. to james bonds producers barbara broccoli and michael g and apart from a brief... slava ukraine. zoe saldana did remind everyone of her family's past. cheering. ..with dreams and dignity and hard—working hands. there were one or two jokes. you know, anora is having a good night. two wins already. adrien brody did win for his epic performance and the son of a russian oligarch swept it. anora. best director, best actress for mikey madison. is really incredible. anora. and best picture. the night belonged to anora. david sillito, bbc news. so, it really is night. absolutely. i should say, we aeeeletely; i eheele egg. fie " ' outside aeeeletely; i eheele eevg. fie " ' outside the fair are outside the vanity fair party, and inside, mick ::.=,,, r.” e. e. jag. timethee qhelemet heejeet.”"" ' "' paris hilton, kendall arrived, paris hilton, kendall jenner. it is pretty a—list. what is people 2257727777: |nthe wa|tabout arrive in the queue, wait about ten �*15 minutes to get their = -: taken, 77 they pictur

to buy our bonds.een a lot of sentiment when it comes to the other countries and other governmental blocs like the eu. in fact, the vice president of the eu saying it's time for a new leader of the free world. do you think this impacts the foreign buying of our bonds and just the general confidence in the u.s. when it comes to, to that, kind of that, that kind of business? >> i don't i think the u.s. is still the strongest economy economy in the world. we have deep capital markets, we have strong rule of law, and people want to put their assets someplace safe where they can rely on it. like like the united states. there are issues that affect our long term credibility, including our fiscal situation, our debt situation, how we use our financial system for sanctions, which can sort of erode the role of the dollar and dollar debt in the system. but i don't think tariffs fundamentally are going to affect the desirability by central banks and others to hold us debt. >> should we worry about retaliation, be

but we also have bond dollars that just kind of carry as do we have remaining of the bond dollars that is actually available for new small site acquisition or just site acquisition? >> absolutely. and when we utilize the housing accelerator fund, we actually set aside the the funds for the take out at that time and they wait until the project's ready. so in this case this was a very short 70 day bridge loan. the seller had a need to meet a certain closing deadline that was quicker than we can get to to you all here at the board. so that was the reason why we we triggered the help of the housing accelerator fund. but we do have funds this year largely thanks to the 2024 general obligation bond that the voters passed last march. and the board also recently approved a new tranche of pass funds. so together we do expect to be able to do projects in 2025 and into 2026. great. >> so separately i think now i'm looking at sheila and just looking forward to seeing more of those information about small sites or it's just sites housing sites, purchase and acquisition i should say. and by the way,

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and don't go out chasing long bonds. big mistake. don't -- they call them high yield bonds.t they really are, maria, is junk bonds. don't chase that, it's dangerous as an investor. maria: but in terms of a reason yields have dropped so much, some people say it's because of a slowing economy. there was a report from the if lindsay group which asked the question, can doge induce a recession. how do you see that in terms of the reason behind these yields have movedded lower? >> yeah. well, i think inflation has come down, you mentioned that earlier in the show. interest rates largely move with inflation. inflation has cooled a lot over the last couple of years. and i think this idea that reducing corporate, government bloat, rather, cutting out all this waste is somehow going to cause a recession, i think that's just insanity. if. maria: okay. >> interest rates, lower interest rates point to the fact that investors should be looking even more to equities because historically equities have beaten short-term fixed income by about a 9-10% per year. look, interest rates are coming

and i want his time to go to break the tale bond to non state active. so how can a small army of people, which is strange, see because gosh, strapped, which has a little the resources be able to basically get to hand to get a grip on people who get disenfranchised this, this engendered and, and walk over to the enemy. that is the escape po dyess, which the us and other intelligence agencies have sounded as the the biggest threat, including of course, that they didn't get valuable and focused on, which is the prime enemy of focus on getting out a tax number for tax in the last 12 months or so in the as goals. thank you so much for your expertise on those. we really appreciate it. i a white glove. it's hold on 12 many a new glad you. it said you to enter. china is job market. this is bots, there isn't enough. look. jessica washington reports from shanghai on the challenges. young people face and trying to find employment in cities around china . so there's like these attractive visitors from all over the country. so we mainly want to hire college students

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