the retail trading phenomenon and why he says it is about economic justice at its core plus, rafael bostic will talk about the economic recovery, the renewed stimulus debate in washington and much more. >>> and later we will speak with martha stewart and her investments in sustainable farming and cbd for pets what she makes of game stop, the reddit crowd, and social media in 2021. >>> let's start there with the reddit crowd and the rise of the retail trader. mike has a look at the markets >> a strong bounce, it is gaining back more than half of what was lost last week in the s&p 500. last week it was crowded shorts surging, crowd longs decreation. it is the opposite today crowded long, heavily owned big growth stocks heavily sold to reduce risk last week. this happens all the time. you get a rally off of a sharp pullback and it so far has taken you right up to the line that used to be the trend until it is a addition point until we close around here. i would go back and look at how the september correction played out. you have strong bounces. it is unclear if the shakeout was kpleed, if it

for that, we turn to raphael bostic, the president and c.e.o.e federal reserve bank of atlanta. mr. bostic, thank you so much for joining us. let me start by asking you about the economy overall. it was just a few days ago the congressional budget office was forecasting we're going to see a robust recovery in the middle of this year, but then today and yesterday we're seeing discouraging reports about unemployment, how many people are out of work and have been for a long time. what does this economy look like to you? >> well, i think there are two things to deep e keep in mind mere. one is that, in the current period, we have a virus that is still going through the economy and going through our population quite significantly. so, while that's happening, we're going to see choppy times, and i think we're going to have rough times for the next couple of months. but as the vaccine gets further into the bl population, i do thk we'll return to a much more robust growth period but not till the summertime at the earliest, so we've got to try to weather

atlanta fed president raphael bostic says the u.s. more quickly than expected and that could lead to interest rate hikes as soon as mid 2022 speaking on cnbc's closing bell just yesterday >> i'm not really that concerned about overheating. i think it's important to remember we've got -- we're at a large deficit in terms of jobs relative to where we were before so if you think think about our mandate of full employment, and price stability, the full employment numbers, we got a long way to go and so if the economy runs a little hotter, eng i think thats useful to fill up that hole. >> bostic is a voting member of the fed's market community this year most don't expect to see rate hikes through 2023. >>> to washington, d.c. and the debate over another covid relief bill ylan mui joins us with the latest there what exactly is the current state of play? the republicans meeting with president biden, did they get any progress on a deal done? >> dom, that's right president biden met with that group of moderate republican senators at the white

plastic is no everywhere some are light and just spare and unlike bostic backs all those are extremely resistant like bulletproof vests what they all have in common is the polymers which just basically means they're materials that are made up repeating atomic units and i think of them as like beads on a change. but plastic looks like how it feels how it behaves all of that demands and how builds them together and the reason why plastic lasts so long in the environment is that nothing of all to break down to stop of bombs. or a key so that's what we thought. all right they have called me a war. and you can actually buy them online and watch them become it. as you feel stifled. it's not the organisms themselves. it's the bacteria those organisms probably producing. he's a professor of structural biology and he knows everything about anything's. possible places actually says faith in those bacteria growing on the surface of. their goal is to find new bugs and they came they just plastic isolate their enzymes and then enhanced must produce them in by reactors. obviously we can't just brief

supreme court last june in a case called bostic, where three individuals, two gay men and one transgenderere fired because of who they are. that includes folks like aimee stephens, a dedicated and compassionate funeral home director for years. and when she told her employer she would be transitioning to live as a woman that she has always been, they fired her. it includes folks like gerald bostic, who provided essential services for children in need is a government employee and when his employer found out he joined a gay softball league, they fired him. what the u.s. supreme court did in june was by a 6-3 decision, that opinion was written by conservative justice gorsuch was say that title vii protections against sex discrimination also protects gay and transgender employees. the equality act ensures and enshrines that in the law and broadens those protections to all of the other areas including housing and public spaces like restaurants and transportation. host: here are the lines for our viewers, for republicans (202) 748-8001. for democrats (202) 748-8000. for independents (202) 748-80

recovery that embraces our whole country and i, speciaespecially look fo to working with you and rafael bostic to help georgians over the next two years some have suggested that our covid-19 challenges with unemployment, with homelessness and poverty will be solved if we simply lift up -- lift all local restrictions, and open up the economy, but since the beginning of this crisis, i've heard you stress time and time again, and something along it even today as you offered your testimony, that the path of the economy said on one occasion continues to depend significantly on the course of the virus. would you mind elaborating on why this is the case will the economy fully recover if people don't feel safe and comfortable that the virus is contained? >> i would answer your question in the negative. it would not we know -- actually in the beginning of the pandemic and if you look at the plummeting leve levels of travel and going to restaurants and opentable, and all of that shows that people stopped doing those things because of the coronavirus before there were governmental restrictions at the sta

the particular question of how title ix applies at schools is one in light of the bostic case which iand i want to have a chance to do that. i have not had a chance to consider these kinds of issues in my career so far. but i agree that this is a difficult question. >> thank you, judge. >> for his first question a member of the senate judiciary committee. >> thank you mr. secretary. thank you, mr. chairman. >> sandra: you have been listening to the confirmation of senator kennedy and louisiana questioning during the process on transgender sports before that school reopening, he continues to debate questions as he is looking for his confirmation in the senate today at this hearing to become the attorney general under the biden administration. we will monitor that and bring you news from it as we get it. >> john: also asking him about the nursing home crisis in new york, he did not go into great depth about it. not a whole lot from merrick garland on that front. the facing accusations of cover to the new york governor andrew cuomo and his handling of the nursing home crisis. providing a

country, and i especially look forward to working with you and the atlanta fed president raphael bostic to help georgians over the next two years. some have suggested that our covid-19 chat earnings with unemployment, with homelessness and poverty will be solved if we simply lift up -- lift all local restrictions and open up the economy, but since the beginning of this crisis i've heard you stress time and time again and even today as you offered your testimony that the path of the economy you said on one occasion continues to depend significantly on the course of the virus. would you mind elaborating on why this is the case. will the economy fully recover if people don't feel safe and comfortable that the requires is contained. >> i would answer your question in the negative. it would not. you know, actually at the beginning of the pandemic you look at the plummet etting level of travel and going to restaurants and open table and all that data, it shows that people stopped doing those things because of the coronavirus because there were governmental restrictions at the state and local

. >> miss bostic. >> mr. brady votes ay. >> mr. nunes votes ay. >> mr. buchanan votes ay. >> mr.. reid votes aye. >> mr. kelly votes aye. >> mr. smith of missouri, mr. smith of his -- mr. smith of missouri votes aye. >> mr. rice votes aye. >> votes yes. >> dr. winthrop votse -- votes yes. >> mr. harrington votes yes. >> dr. ferguson votes yes. >> mr. espis votes yes. >> mr. smucker votes aye. >> mr. hearn votes yes. >> ms. miller votes aye. >> mr. chairman? >> mr. chairman votes no. >> the clerk will report the tally. clerk: 24 nos, 17 ayes. the amendment is not agreed to. are there additional amendments to the amendment in the nature of a substantive. let me recognize the gentleman from illinois. >> thank you. i have an amendment at the desk. >> would you pause while you make sure that everyone has a copy of the amendment and then i will recognize the gentleman from virginia. >> i reserve a point of order. >> the gentleman has reserved a point of order. as everyone seen a copy of the gentleman's amendment? pause for a moment. we are prepared to proceed. >> my amendment focuses on