cea -- to the cea . chair crapo: is 3% growth a reasonable target in your opinion and if so explain what policies would be needed to reach that goal >> thank you. the 3% growth is something that americans used to be used to. that was the rule rather than the exception. but growth comes, basically if you want more output, ultimately for more inputs -- from more inputs, and historically we have had a lot of growth and innovation that have driven growth to 3%. all three of those factors have been very disappointing for some time now. we had the computer revolution in the 1990's but that seems to have slowed down. capital formation in the late 1990's was contribute in about 1.2% per year for growth. and labor force growth of course has been disappointing as well. if we want to go from the 2% growth we have been experiencing to 3% then we will have to get those things moving and the thing i have researched most throughout my career is capital, capital investment, how it affects workers and how to get it going

we were having this old-timers versus youngsters discussion at the cea. i can remember when i got my first job in first check. i was scrutinizing every line. why did they take this much social security? now everybody gets direct deposit. they are not necessarily scrutinizing their checks right away. it could be the eyeball demonstration effect of withholding changes has changed over time. people are not necessarily checking their direct deposits to see how it changed. there is some speculation the extra money, which is definitely there, will take longer for people to turn to consumption. i would expect march-april we would see those effects on consumption. reporter: since you can't talk about neru, your points about labor force participation. one interesting fact is that the u.s. is the only western big economy where labor -- female labor force participation has been a decline for the past 20 years. what do you think is going on there? mr. hassett: i would have to get back to you on that. he would really just be speculation. -- it would really just be spe

my former cea chair friend told me one of the things you not love to talk with his nehru. you have to respect the independents of the fed. so if my question is a spot on, think about everything that's going on so i apologize but that is my role. >> jen from the "los angeles times." [inaudible] all investment arts going to be lower, significantly lower than what we have in the fourth quarter. how can that be with the tax cut and what does that bode for the rest of your? >> i i look forward to seeing te numbers come sort of standard error of the number that is pretty darn high. they mean revision is pretty darn high and so it's important not to overreact to the first one because the final one could be different. but there are some special factors affecting the first quarter that i'm looking to see how the in-depth affecting the bottom line number. one of them is that because of the tax bill being retroactive to september, and it was retroactive to september kind of effectively in the house bill which passed at the beginning of the quarter. there was this time where there was

setting allowing linkedin was quietly changed in september without users knowing about it plaintiff cea false and without merit openai ceo sam altman, elon musk are battling it out over president trump's stargate project, sam altman taking asked to share details saying $100 billion will be deployed immediately however, elon musk questioning the funding he replied to sam altman and said they don't have the money and softbank haswell under 10 billion secured i have the on good authority this sparked a back and forth with sam altman praising elon musk before writing wrong as you surely know want to come visit the first site already underway this is great for the country i realize what is great for the country is always what is optimal for your company's but in your new role i hope you put america first. elon musk reposted earlier tree of sam altman supporting linkedin founder reid hoffman for donating money of course to harris and biden do not trump. i know that was a lot i hope everybody at home can keep up with the back-and-forth it was a little crazy but at the end of the day sam altman

larry: former cea chair and nec director and give us a quick, quick snapshot of the michigan where is the economy today? >> the big thing is that there's a lot of news on artificial intelligence today that there's some pretty good tail wind from artificial intelligence increasing productivity but at the same time, the reckless spending of the biden administration has created something of a problem with inflation going way above the fed's target and so i'm in a place where i've seen more stuff that we have to fix than stuff i'm happy about. larry: do you think -- i've noticed, this is the last point, it's hard to figure right now we're at the beginning of the express not the end. but a number is circulating among house chairs and so forth. a target of $2-3 trillion in spending or saving ands reductions of a 10 year window and do you think those are good ballpark numbers and thinking about the possibility of a $2 or 3 trillion spending savings over the next ten years? >> you know, one of the really fun things of the last year going to be an honor to serve my country again and jo going t

takes office and after the break, israeli hostages and palestinian prisoners after a long-awaited ceas "the doctor will see you now." but do they really? do they see all that you are? at kaiser permanente all of us work together to care for all that is you. >> the long-awaited ceasefire in gaza has taken effect. and so far, 3 hostages held by hamas. more than 400 days are finally back home. palestinians have also begun returning to their homes. reporter sara welch has the story. >> families learning their loved ones are released. this crowds cheered in the streets of tel aviv. this 3 young israeli women were released after 471 days in hamas captivity and into the arms of family. as the convoy left. gaza are men who were green. hamas headbands guard of the vehicles from unruly crowds. this on the first day of the long-awaited ceasefire agreement. the 3 women are the first of 33 hostages expected to be released over the next 6 weeks through israeli women held against a room dark times for 470 days. president biden on his last full day in office said under the deal for more women will be

out of committee with a bipartisan vote, so we could see a confirmation vote coming for her soon, and ceaominee john ratcliffe -- cia nominee and russell vought favorably reported out of their committees last week. congresswoman elise stefanik had her hearing today for u.n. ambassador. she has widespread bipartisan support. and we are watching tulsi gabbard, rf fk jr. and kash patel because these are probably the more controversial picks for the senate, and these hearings haven't even been scheduled yet. is so i would not be surprisedded if the president right now in the oval office is asking leader john thune what's going on and why is this not happening more quickly. larry? larry: all right. great stuff,. aishah: shah hasnie. i'm sure mr. trump is asking that very question. it's a good one. so, folks, infectious trump optimism, it's a big american morale booster and a unifier. and that's the subject of the riff. ♪ ♪ larry: so step back for a second and just think about this. in his first day in office, president trump delivered six speeches by my count. his inaugural speech, which was a

here in this area nothing but a plaque in memory of john cea. the first responders and the fire, police, the water and power truck just driving by, the helicopters overhead that are giving these communities some hope that at least there's someone here for them the include national guard and some to other areas here as we continue to try and put in context just how devastating, costly and impactful this fire has been with concerns it could spread. alicia? alicia: griff, folks there need all the hope they can get at this point. thank you so much. we'll be right back to you in just a second. >>> right now, our fox crew was embedded with the california national guard troops in los angeles county last night to see the devastation firsthand. christina coleman is live in altadena with more. hi, christina. >> reporter: hi, alicia. yeah, we were with them here in altadena as they helped secure this area. they are guarding different intersections trying to keep people out of this area. they don't want them to get hurt by some of the downed power lines and

paused for the gazans in certain areas inside of gaza but i would say if hamas wants to continue the ceasease-fire, they need to respect every single term of that deal. shannon: are watching minute by minute to other phases are meant to be negotiate as well when to ask about the hearings he sent intel committee we will hear from tulsi gabbard at dni nominate her plenty of critics out there from both sides of the aisle let's read from a former chairman of the u.s. national intelligence council writing she's got no background in intelligence whatsoever has never managed much of anything. even more worryingly as i was meant to advise the president protect our nation see customer adversaries. tulsi gabbard has cozied up to two vicious dictators who are america's enemies. there are concerns about her positions with faÇade comments noted, or use of the tools and how she feels about them. are you confident you hide your questions on those issues addressed? >> i've had many occasions to speak with tulsi gabbard as have other mems a committee of senators we got her background check back along the

and joining us now to talk about this is at age cea's chief nursing executive net greenwood.nk you for being here. thank pleasure. how did the nurses that you selected here get picked? >> well, we actually sent off the alarm and set our one of our sister hospital is in trouble and they could use some support. we probably 15 names within about a half hour to an hour and we chose them to go based on the skill that they had in icu and e d. >> and how long are they there in southern california? >> well, we just extend to them today. so they'll be there at least through next tuesday or wednesday. they've been there since last saturday. >> and what do they do to make? it's sort of a seamless transition like a a nurse and a new hospital. you know, probably a lot of new equipment. you know, people they're not used to working with. how does that work? >> yeah. so we have a team of educators agree to them when they came to the hospital and did a quick orientation. we have a lot of the same equipment. so that works well, the same electronic health record. but our teams are already on th

of flavors to adults, fda recommends exa adult apf such flavors in their decisions to initiate use, cea use of more harmful products, or dual use. the fda is telling you not just flavors to youth, but help us understand your argument that there'a benefit to adults by the use of flavors. why --why is there a notice problem in light of the saying things like this? mr. heyer: because, when it's speaking to things like perception, i think is what --and --and intent, what it'eaking to is suggestions that single-point-intime surveys and that can speak to that. it's not saying you m a longitudinal study comparing tobacco-flavored against flavored over time and track the users. that doesn't follow from page 88 from what your honor just read. but justice somar: i'm sorry. i'm so totally confused by your point because the fda didn't say to yt a ngitudinal study was necessary. it would be helpful. it --it said that from the it would be helpful if you had these, but you dont have to have it if what you're providing can give enough. and what it said is what you ided wasn't sufficient. as to how that

i think it is hilariousvi vice president vance to cea debi thought i was dem voting. >> that was a great think he might get some ties this week? >> i think the trumpet administration deserve credit for staffing. a flawless job in the confirmation hearing ands no hemissteps or no mistakes but clearly well prepared for the incoming questions. we have already kind of got a glimpse what kash patel would be put through with pam bondi's confirmation hearing.ki muchng of her confirmation heart was abouhet kash patel asking hm if he will be loyal to thehi president anm d the constitution and the law, asking aboutd i kash patel's enemy list. r kathey know what this is goin. i would say for kash patel, hehe can point out the obama administration gave him a ward in 2017 for his prosecution of the terrorists involved in 2010 world cup bombing. so clearly he did something in his past career. all of these guys whether tulsi gabbard, kash patel or jfk jr., they are not a threat to democracy but bureaucracy and why they are being well targeted. >> i bet that reward will get's entered into the record dur

with in terms of that and i think in the journal there was an interview with the incoming head of the ceapeaking of this puts get to a report because it is involving the steel industry, a company that we have talked a lot about which is u.s. steel and they have seen over the weekend an important move the termination process and remember president biden terminated the deal by nippon to acquire u.s. steel with 30 days to do so and now it has been pushed out the same day the current merger expired. they have time to pursue their case against cleveland cliffs and the like but we have other news and something that would've come to the floor if in fact that timeline had been maintained. that is that the cleveland cliffs which was the cover bid so long ago when they first sold and they agreed to that in 2023 to sell it to nippon is back and back as you can see in partnership with nucor and it's a potential bid and no forcing function here for them to come forward unless president trump were to do something in terms of immediately having the termination again for changing things and unclear what