scarlet: brian moynihan the ceo of bank of america speaking with david rubenstein.terms of where we are standing with financial markets, bank of america with 20 out of 24 members of the kbw bank index lower in the s&p 500 down .4%. the magnificent seven that i did not include on the board is in correction mode done more than 10% since its record high september 17. all of this before nvidia reports earnings tomorrow after the close. i'm scarlet fu. that is it for this edition of bloomberg markets. balance of power is next with joe mathieu and kailey leinz. the way i approach work post fatherhood, has really trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families like my own. in the average household, there are dozens of connected devices. connectivity is a big part of my boys' lives. it brings people together in meaningful ways. >> from the world of politics, to the world of business, this is balance of power. live from washington, d.c.. joe: prove it

the current chairman is financier and philanthropist david rubenstein, also a donor to pbs.me on the “newshour” -- jonathan capehart and matthew continetti weigh in on the week's political headlines. ahead of the super bowl, the boom in legal sports betting. and long-time chef lawrence chu gives his brief but spectacular take on treating every day like a grand opening. ♪ >> this is the pbs news hour from the david rubenstein studio at weta in washington, d.c. and from the west at the walter cronkite school of journalism at arizona state university. geoff: president trump said today that he's in no rush to do anything in gaza. earlier this week he talked about the need for palestinians to leave gaza, calling it a demolition zone, and for the us to take over the area and develop it. amna: meanwhile hamas is accusing israel of delaying aid deliveries that were agreed to in the cease fire deal. an accusation israel denies. stephanie sy has this report with the latest. stephanie: half a million families streaming back to their homes in gaza on foot, on piggyback, children in tow.

. ♪ >> this is the pbs news hour from the david rubenstein studio at weta in washington and in the wester cronkite school of journalism at arizona state university. amna: a broad federal funding freeze announced by the trump administration last week blocked by a pair of judges is destabilizing a wide range of programs despite the court interventions. over the past few days, some health care and head start programs report they've had sporadically been blocked from funding, forcing some to shut down. lisa desjardins has been investigating what has happened and joins us to share what she has found. who is being affected? >> news hour has been doing three days of reporting to figure out what is happening. i wanted to talk about two specific areas. one area, head start programs around the country, and community health care centers. both are funded in large part by the department of health and human services. hhs. here is what we know. there have been funding problems in the last week and day. head start programs in 27 states have felt these funding freezes. many still feeling it. those serve

>> let me just first say david rubenstein is an american treasure. and he chairs the board.tributed a lot of his personal wealth of patriotic philanthropy. everything from support what the washington monument to important archival.. even i think he even supported bringing our pandas back to the national zoo. he did not operate through that role as chairman. and some kind of i would sit honorific capacity. so i think we've been honored to have his leadership. a great husband, a great leader of the kennedy center for 11 years. it turns out both of them have announced they would be moving on. in a way that allowed for smooth transition. i don't know the current leadership i was on the board call for mr. grenell was appointed. so i look forward to meeting him. the organization, they book out a couple years in advance. so canceling shows is bad for the arts community. it's bad for our reputation, and the arts community locally and around the world. it's also bad forso business. it's a local institution but it's america's institution people, around the country to see shows. i don'

mayor bowser: let me just first say that david rubenstein is an american treasure.he chaired the board. and he has contributed a lot of his personal wealth to what he calls patriotic philanthropy. everything from support with the washington monument when it was damaged, to important archival pieces at the national archives. even, i think -- i think he even supported bringing our pandas back to the national zoo. so you know, he doesn't just -- he didn't operate in that role as chairman in some kind of, what should i say, honorific capacity. he built a great company. i think we've just been honored to have his leadership. similarly, debra rutter has been a great leader of the kennedy center for 11 years. it turns out that both of them had already announced they would be moving on. and -- but in a way that allow forward smooth transition. so i don't know the current leadership. i was on the board where mr. rental was appointed. i will look -- mr. rennell was appointed. i look forward to meeting him. i hope -- the organization, they book out a couple of years in advance

. >> this is the pbs newshour from the david rubenstein studio in washington and in the west from thealter cronkite school of journalism at arizona state university. geoff: president trump said today that he is in no rush to do anything in gaza. he talked about the need for palestinians to lead gaza, calling it a demolition zone. amna: meanwhile, hamas is accusing israel of delaying aid deliveries that were agreed to in the cease-fire deal, an accusation israel denies. stephanie sy has this report on the latest. >> half a million families streaming back to their homes in gaza on foot, on piggyback, children in tow. for more than a year, their home a battleground in the israel-hamas war. they survived while many did not but their apartments, their businesses, everything that makes a community are in ruins. amidst the destruction, rescue workers and families dig, trying to locate the remains of loved ones. bones are taken to the local morgan the hope they can -- local morgue in the hope they can be identified in the future. sheltering intense while the elements be down upon them and tem

announcer: this is the pbs news hour from the david rubenstein studio in washington and from the westthe walter cronkite school of journalism at arizona state university. geoff: president trump reportedly plans to fire the governing board of the u.s. postal service and plays the independent agency under the commerce department. a move that could be the first step in privatizing a service has doubtless to 250 years ago. the white house initially denied that an executive order to make that changes in the works but late today the president admitted he is considering it. jacob broke the story for the washington post enjoins us now. thank you for being with us. what are your sources telling you about what the administration is planning and what it could ultimately mean for the u.s. postal service? reporter: step one would be to place the postal service and take it out of independent status and embed inside the commerce department. the commerce secretary was just sworn in today and we have reported that he has been engaging with then president-elect and now president trump about privatizing

from the david m. rubensteinio at weta in washington and in the west from the walter cronkite school of journalism at arizona state university. >> house republicans have released their long promised a budget outline as they seek to fulfill president trump's agenda while cutting both the deficit and taxes. but it remains unclear whether the plan will achieve those goals or if it even has the votes. correspondent lisa desjardins is here with the latest. good to see you, lisa. just a quick reminder -- why does all this matter? >> what republicans do or don't do will affect nearly every american taxpayer. it will also determine for potentially a decade who the winners or losers are in this economy. what about the poor, and it will also tell us is congress ever going to be serious about bringing down the deficit? all of that is at stake here. >> now to the proposal. walk us through. there has been a lot of debate. what exactly are house republicans proposing? >> i will put on my glasses but first of all i want to say

from the david m. rubensteindio at weta in washington and in the west from the walter cronkite school of journalism at arizona state university. >> within days of taking office, president trump fired more than 17 inspectors general across the federal government. it has already resulted in a lawsuit challenging the legality of the dismissals and continued protests outside federal agency buildings. like outside the department of health and human services today. our white house correspondent has more. >> eight of those fired inspectors general are suing the trump administration, seeking to be reinstated to their positions. these independent government watchdogs are a key check on waste, fraud and abuse. to discuss the impact, i am joined by two of the top watchdogs fired by the president. the former inspector general for the department of health and human services, and the former inspector general for the department of defense. thank you both for being here with me today. you were both fired on a friday night. and t

announcer: this is the pbs news hour from the david and rubenstein stay duo at weta in washington andst from the walter cronkite school of journalism at arizona state university. amna: from the potential impact of trade tariffs to the confirmation votes for president trump's cabinet, let's look at the political stakes with amy walter of the cook political report, and tamara keith of npr. great to see you. we saw over the weekend confusion at usaid as elon musk essentially took over the agency and threatened to shut it down, concerns about the number of firings at the fbi and doj and markets in study after confusion about whether or not terrace will go into place. is this what trump voters voted for? >> i think it depends on which trump supporters you're talking about. some people voted because they were concerned about the price of eggs and everything else. were frustrated with president biden refusing to step aside and then having vice president harris come in in a way that made it seem rate. there are people upset about what was happening in gaza. and then there were people who real

announcer: this is "the pbs newshour" from the david m. rubenstein studio at weta in washington and at the walter cronkite school of journalism at arizona state university. geoff: president trump she's tarved elon musk with an enormous job to search across the federal government and root out inefficiencies and waste. but musk's initial often chaotic infiltration of various government departments has sparked lamar. it's also put the tech entrepreneur at center stage of the conservative movement. appearing today in front of an audience at c-pac, wielding a chainsaw, he said he would use to slash the federal brock ski. william brangham looks at the history of the man at the center of this effort. >> if the bureaucracy in charge, what meaning does democracy actually have? >> elon musk, the richest man in the world, now standing in the most powerful office in the world. >> the people voted for major government reform. there should be no doubt about that. >> how did this visionary tech leader, a man who once championed clean energy to save the planet, and

. >> this is the "pbs news hour" from the david m rubenstein studio at weta in washington and in thehe walter cronkite school of journalism at arizona state university. geoff: late friday night, president trump fired the chairman of the joint chiefs of staff, air force general c.q. brown, breaking with decades of precedent, as part of a broader purge of senior military leaders. defense secretary pete hegseth also announced the administration would replace the top lawyers for the army, navy and air force. here's hegseth explaining the decision "fox news sunday.” pete hegseth, u.s. defense secretary: ultimately, we want lawyers who give sound constitutional advice and don't exist to attempt to be roadblocks to anything -- anything that happens in their spots. geoff: for perspective, we turn now to retired rear admiral james mcpherson. he served as undersecretary of the army and as the army's general counsel during the first trump administration. it's great to have you here. so let's start with president trump's decision to fire the chairman of the joint chiefs, general c.q. brown. brow

existing board of trustees of the kennedy center and replacing its chairman, which is currently david rubenstein, that billionaire philanthropist who was a close aide of then president biden and installing himself as the head of the board. now, this is a board of trustees with a long bipartisan tradition. presidents appoint them, they serve long terms, and they work together to select the kennedy center honorees each year. but clearly, a move aimed at political retribution. we have reached out to a number of the trustees who were appointed by democratic presidents. reached for comment last night, one told me that they had not received any further communication from the trump administration. but the kennedy center says this is within trump's authority. they say there is nothing in the center's statute that would prevent a new administration from replacing board members. of course, an unprecedented move by president trump, fredricka. >> all right, betsy klein, thank you so much. so from fighting disease to feeding the hungry, usaid is credited with saving the lives of millions of people around the

. ♪ >> this is the pbs news hour from the david m. rubensteineta in washington and in the west from the walter cronkite school of journalism at arizona state university. ♪ geoff: the consumer financial protection bureau has been shut down by president trump at least for this week and possibly much longer, perhaps permanently. the agency, which was created by congress after the 2008 financial crisis, has limited credit card fees, made mortgage loans easier to understand and returned billions of dollars to consumers. but it's also long been a target by many who see it as overly aggressive. rohit chopra is the former director of the consumer financial protection bureau and joins me now. thank you for coming in. this has been known as one of the nation's most powerful watchdog agencies. what has typically fallen under its purview since its creation? rohit: we saw what happened in the years leading up to the financial crisis. mortgages that were setting people up to fail, and it crashed the economy. what congress did is created some real law enforcem

from the david m. rubensteineta in washington and in the west at the walter cronkite school of journalism at arizona state university. >> the trump administration is continuing to dismantle the u.s. agency for international development posting this message on the agency's main page. it says "all usaid direct hire personnel will be placed on administrative leave globally with the exception of designated personnel responsible for mission-critical functions, poor -- core leadership and specially designated programs. secretary of state marco rubio had this to say. >> our goal for usaid was to align the programs that it fulfills with the foreign policy of the united states. and yet over the last two decades, it has not and it has gotten worse and worse and multiple administrations have complained about but none have done anything about it. we are going to do something about it. this is not about ending foreign aid, it is about structuring it in a way that furthers the national interests of the united states. >> for pe

. >> this is pbs news weekend from the david m rubenstein studio at weta in washington home of the pbshour weeknights on pbs. john: america's biggest trading partners are bracing for sweeping tariffs that president trump is imposing. 25% on imports from canada and mexico and 10% on energy products in canada. tariff threats have been a bargaining chip in trump's effort to get america's neighbors to curb the flow of migrants and drugs into the united states. together, canada, mexico and china account for nearly half of all u.s. imports, and tariffs could mean higher prices for american consumers. ali rogin explores the trickle down effects of these tariffs with matina stevis-gridneff, the canada bureau chief for the new york times. >> thank you for joining us. mexican and canadian officials say they plan to impose retaliatory tariffs. what is the effect on americans? >> the immediate effect experts say will be inflation will be higher prices and disruptions of industries closely linked to canada and mexico. things like avocados and vehicles could become much more expensive for americans

. >> this is the "pbs news hour" from the david m rubenstein studio at weta in washington and in thehe walter cronkite school of journalism at arizona state university. geoff: this was a big day for president trump's team and some of his most controversial cabinet picks. robert f. kennedy jr., a noted vaccine skeptic and critic of the pharmaceutical and food industries, was sworn in as secretary of health and human services. he now has oversight over the fda, the cdc, medicare and medicaid. he was confirmed in a tight vote with no democratic support and a no-vote from the former senate majority leader republican mitch mcconnell. the senate confirmed brooke rollins overwhelmingly with a bipartisan vote to become the new secretary of agriculture. as the top official on food supply, she is expected to deal with the impact of tariffs and a crackdown on immigration that could affect farmers. amna: one of the president's most controversial nominations, kash patel to be the next fbi director, also took a big step forward after the senate judiciary committee voted along party lines to advanc

from the david m rubenstein studio at weta in washington and from the walter cronkite school of journalisma state university. geoff: president trump and israeli prime minister netanyahu met for talks today that focused on hammering out a second phase of the cease fire and hostage agreement between israel and hamas. amna: netanyahu is the first foreign leader to visit the white house since trump's second term began. the two leaders also discussed the future of gaza, which trump has said might need to be "emptied of its population," a potential war crime, since israel's campagin to destroy hamas has also destroyed much of the enclave. president trump spoke in the oval office. pres. trump: you can't live in gaza right now. we need another location. we can build them, through massive amounts of money, supplied by other people, and it could be jordan, egypt, you could build four or five or six areas, probably 1.7 million people, maybe 1.8 million, but i think all of them, i think they will be resettled. geoff: under the terms of the current cease fire, hamas is supposed to release 33 hostages i

. ♪ >> this is pbs news weekend from the david m. rubensteinat weta in washington, home of the pbs news hour weeknights on pbs. ♪ john: the shift in u.s. support for ukraine in its war with russia, which enters its fourth year tomorrow, has raised alarms not only in kyiv but in capitals across europe. a new documentary finds that those anxieties are especially high in some of russia's neighbors on the baltic sea, estonia, finland and sweden. >> every day we are working to get this, this message over to russia that even if you try, we will make it right. >> russia invaded one of their neighbors. so it was a quite a awakening for the whole swedish society and of course, for us really strong forces. yeah. >> at least in this part of the world, we would be ready to fight tomorrow. john: the film is called putin's endgame. the stakes beyond ukraine. it was produced in partnership with the atlantic council's eurasia center. it's the work of two veterans of nbc news producer joel seidman and correspondent kevin tibbles. kevin, i'd like to start with y

. >> this is pbs news weekend from the david m. rubensteindio at weta in washington, home of the pbs news hour weeknights on pbs. ali: one in 10 women of reproductive age around the world suffer from a condition known as endometriosis. it's an illness where tissue similar to the uterine lining grows outside of that organ, in places it's not supposed to be. it can lead to infertility, debilitating pain and financial hardship. for our series, unequal treatment, i recently spoke with dr. laura homewood a gynecologic surgeon at uva health about how the medical community is working with patients to learn more about this disease. dr., thank you for joining us. we mentioned sometimes it takes years to get a diagnosis. it is the average patient's time to get a diagnosis and why does it take so long? dr. homewood: the statistic around endometriosis, it can take an average of seven years and seeing seven different doctors before a woman can get her definitive diagnosis of endometriosis. despite it being a very common diagnosis it is difficult to diagno

and david rubenstein, who's the chair, was also dismissive. >> of the kennedy center. >> attributed hisersonal funds to kennedy center. yes. sorry. he contributed his own personal funds to rebuilding the renovation. the washington monument. he bought a copy of the emancipation proclamation and donated it to the u.s. government. he was setting up an endowment to permanently ensure the financial future of the kennedy center when he was let go. so in terms of, you know, fiscal, uh, you know, this isn't about saving money, obviously, because they're not saving money by doing this. >> and you've you've laid out a number of ways in which you feel like this isn't about being fiscally responsible. what is? and you've even raised the question of, uh, you know, leaders of these institutions that are so important in sort of a little d democracy way. but what is the symbolism of this library being closed when jfk is? i mean, he's really the icon of the democratic party. >> yeah. i mean, i don't like i want to stay away from making this partisan, right? i, i think that, um, you know, the the kennedy

. ♪ >> this is pbs news weekend from the david m. rubensteint weta in washington, home of the pbs news hour weeknights on pbs. ♪ ali: this week is the deadline for israeli troops to withdraw from southern lebanon. tuesday is the agreed upon date -- but israel already missed one previous deadline at the end of january. and it's indicated it will remain in some strategic areas along the border, raising fears of a prolonged occupation. u.s. central command -- which chairs the ceasefire committee -- reiterated on friday it expects israel to hand over control of all population centers by the tuesday deadline. special correspondent simona foltyn has our report from southern lebanon - where she embedded with u.n. forces. simona: in southern lebanon you when peacekeepers walk over -- watch over a fragile cease-fire. he leads the battalion here. >> we are about six to seven kilometers from the blue line. simona: that is the demarcation line separating lebanon and israel. for decades this mission has been stationed here to keep hostilities between israel

from the david m. rubensteineta in washington, and in the west from the walter cronkite school of journalism at arizona state university. amna: there are now more than 120 confirmed measles cases linked to an outbreak in western outbreak the state has seen in -- in western texas, the largest such outbreak the state has seen in over 30 years. there are another nine cases further west in new mexico. geoff: that's raising questions about vaccine hesitancy in some communities and the growing challenge of these periodic outbreaks. william brangham has our look. william: unvaccinated people account for almost all the cases , and children are among the most infected. we spoke with dr. ron cook, a leading physician in lubbock, texas, who is trying to educate the community about the outbreak and the risks. dr. cook: if you walk into a room and you have measles, 80% to 90% of those individuals within a week will come down with measles. all you have to do is go in that room, breathe, cough a couple of times, but 80% to 90%

that's david rubenstein, the billionaire philanthropist who obviously has been a very close ally of former president joe biden. trump saying that he would be the new chairman. now, the kennedy center has a very long and storied tradition of bipartisanship. presidents of both parties appoint members that serve long terms, and they work together to select the kennedy center honorees, among other issues. but really, all of this an unprecedented move. the kennedy center, for its part, said in a statement, there is nothing in the center's statute that would prevent a new administration from replacing board members. jessica. >> all right. betsy klein in west palm beach for us. thank you so much. also, earlier today, a federal judge blocking elon musk's doge agency from continuing to access the treasury department central payment system. and now just into cnn, the white house is responding. this is what they're saying to that ruling, quote, these frivolous lawsuits are akin to children throwing pasta at the wall to see if it will stick. grandstanding government efficiency speaks volumes about tho

that's david rubenstein, who, of course, was a very close ally of president biden and installing himself as the chairman of that board. and he would also be taking action to eliminate other members of the board of trustees. now, the kennedy center has a very long tradition of bipartisanship. different presidents over the course of time nominate their own members of the board. they all work together to select those kennedy center honorees every year. but really a dramatic move. the kennedy center says, quote, there is nothing in the center's statute that would prevent a new administration from replacing board members. still, an unprecedented action by president trump. >> yeah, it's a stunning move. all right. thank you so much, betsy klein. all right. from fighting disease to feeding the hungry, usaid is credited with saving the lives of millions of people around the world. the humanitarian group says without the agency, deaths will be inevitable. cnn's brian todd reports on the growing fears. >> at this hospital. >> in thailand. >> refugees from. >> war. >> torn myanmar. >> say services

. ♪ >> this is pbs news weekend from the david m. rubensteinat weta in washington home of the pbs news hour weeknights on pbs. john: this weekend, california officials declared that the last of the deadly fires that scorched more 59 square miles and destroyed 16,000 structures were fully contained, and now recovery and rebuilding gets underway. cleanup crews are working to clear debris, contain toxins, and evaluate damage -- while residents grapple with the lingering mental health effects of this life-altering event. ali rogin has more on this ongoing toll. reporter: rebecca's home of 20 years burned to the ground several weeks ago. she and her sister donned hazmat suits and picked through the rubble. brexit was an overwhelming situation seeing the devastation. i had seen a picture of the house, but nothing could give me any forewarning of what i would feel when i got here and it overtook me. >> look at this beautiful home. reporter: actor and producer steve gutenberg captured the destruction after the fire tore through his pacific palisades ne

david rubenstein sitting down with the bank of america ceo of brian moynihan. bloomberg tv. ♪ ♪ (three little birds remix) ♪ ♪♪ [breathing of man through a mask] [woman exhaling] [flames crackling] ♪♪ [water crashing] [scrubbing] [salt falling] [fire crackling] [cheering] [flames roaring] [liquid flowing] [water rushing] [water droplets falling] [water falling] [water running] [wind ruffling] [waves crashing] ♪♪ [seagull screeching] [waves crashing] [frog chirping] [birds chirping] ♪♪ [waves roaring] >> the market is very quick and change a reactor narrative that we are in angle you lock scenario and then, no we are recessionary. >> we have also seen a broadening in terms of earnings growth. >> in terms of the earning story of the united states relative to the rest of the world, is been driven by big tech. >> the tech sector is vulnerable not because they are making money but because their valuations are too high. >> ultimately a good environment for stocks but it will be a little bit more difficult. >> this is bloomberg surveillance with jonathan ferro, lisa a

going into the kennedy center, you know, this caught a lot of people, including the chairman, david rubenstein, who i think had just signed on to another four year term off guard here. >> you know, when he says some people didn't go to the kennedy center because it was too woke, he's talking about himself. he was the one during his first term who never stepped foot in the kennedy center, never went to the kennedy center honors, first president since the kennedy center honors started to do that. and the reason was they rejected him in his first year in 2017, three of the four kennedy center honorees said they wouldn't go to the white house to meet with him. back then, he didn't know what to do about it. and this is sort of we see it in every aspect of what the white house is doing. this is a do over administration. he's learned the ways of washington. he's learned that he has the power in this case to fire the kennedy center. and he's taking over all the parts of the establishment basically here that that resisted him the first time around. >> yeah, they got rid of a lot of the people who eithe

the current chairman, david rubenstein, is an ally of former president joe biden.cnn has reached out for comment from the kennedy center. rubenstein and the other members of the board. one member who was appointed appointed by a democratic president, said they had not yet heard of news related to the status of the board. my panel is back with us, and just moments ago, the kennedy center put out a statement saying they have heard about the social media post and some of the board members have received termination notices from the administration. there are some questions, many questions here. as as usually there are, about whether this even can be done because the kennedy center board is a congressionally authorized entity. they serve out six year terms. trump has some folks on there. lee, greenwood, greenwood. paolo zamboni, zampolli and pam bondi all on the kennedy center board. why does he want this? does anybody know? >> i think that this what it sounds like, at least the structure of the kennedy center is similar to a lot of independent agencies. so you have inde

where trump is basically gutting the existing board of trustees, but also the chairman himself, david rubenstein, who i was at the kennedy center honors in december or november whenever they tape. and he had just signed on to another four years, i believe he was going to retire, but then ultimately decided to stay on because of the work that they were doing. now trump is saying that he is appointing himself as the chairman of the kennedy center honors. and i just sabrina, what is your view of this in terms of what this is going to look like? and what is driving this? is it just payback? as as mark was saying there? >> i mean, i think payback is certainly part of the calculus here, but this feels like one of those that that trump is excited about. i mean, this is where, you know, trump the entertainer comes in. trump, the person who loves the performance around this. you know, he he already has posted saying, you know, the best is yet to come for the kennedy center. i think he felt slighted during his first term, did not attend the kennedy center honors. you know, there was different performers t

this is pbs "newshour" west from the david m. rubenstein studio in washington and our bureau from the walter kon kite school of journalism at arizona state university. jeff: everything seems like chaos in washington, but president trump actually provided us with some clarity this week. his administration's latest declarations about ukraine show that trump sees the war at least in part the way vladimir putin sees it. and at home, trump's decision to

. >> this is the pbs news hour from the david m rubenstein studio at weta in washington and the weste walter cronkite school of journalism at arizona state university. >> today in munich i'm a vice president jd vance met with ukrainian president volodymyr zelenskyy and with german political leaders, including the head of the far-right afd party. >> that came after vance spoke at the munich security conference. it is usually focus on western adversaries. he instead critiqued america's european allies. nick schifrin is in munich tonight. >> and from -- front of a mostly european audience, vice president vance delivered a scolding. >> what i worry about is the threat from within. the retreat of europe from some of its most fundamental values. >> world leaders hoping for clarity on the administration's plan for ukraine. instead, he expressed support for right-wing parties, including germany's afd, whose leaders he met this afternoon and who's been endorsed by elon musk. >> if american democracy can survive 10 years of greta thunberg's scolding, you guys can survive a few months of elon m

. >> this is the "pbs news hour" from the david m rubenstein studio at weta in washington and in thefrom the walter cronkite school of journalism at arizona state university. amna: the trump administration recently announced at the national institutes of health or the nih will make me changes in the way it finds researchers. white house officials say they will save $4 billion by capping so-called indirect costs, or what you might think of as traditional operating expenses, that's funding universities that they receive on top of money for direct research. those can range from 30% to 70% in additional funds. the administration wants to cap that at 15%. scientists say the move will have a huge effect on their work. we spoke to medical researchers to hear what they had to say. carole labonne, northwestern university: hi. my name is carole labonne, and i am a professor of molecular biosciences at northwestern university. dr. hardeman: i'm dr. rachel hardeman, and i'm the blue cross endowed professor of health and racial equity at the university of minnesota school of public health and the

. >> this is the "pbs news hour" from the david m. rubensteino at weta in washington, and in the west from the walter cronkite school of journalism at arizona state university. amna: more drama is unfolding on capitol hill this evening as house republicans stuggle to pass a budget that would advance president trump's agenda. for more on this, i'm joined by our capitol hill correspondent, lisa desardins. bring us up to speed on the latest. where do things stand right now? lisa: this is a critical test for of speaker johnson and the trump agenda to get it started. let's take a look at the room across the hall from me now, the house chamber. the voting series has begun where the test on this framework will happen. this is something that republicans are hoping to pass, but the truth is this is close. they don't know if they have the votes. this morning, speaker johnson himself spoke. >> so, we are planning on taking up our budget resolution as early as today which is a major step to unlock the process in delivering president trump's america first le

. ♪ >> this is the pbs news hour from the david and rubenstein studio at weta in washington and in theom the walter cronkite school at arizona state university. amna: house republicans have released their long promised budget outline as they seek to fulfill president trump's agenda while cutting both the deficit and taxes. but it remains unclear whether the plan will achieve those goals or if it even has the votes. congressional correspondent lisa desjardins is here with the latest. good to see you, lisa. lisa: just a quick reminder, why does all this matter? what republicans do or don't do will affect nearly every american taxpayer. it will determine for potentially a decade who the winners or losers are in this economy. corporations, what happens to them? and it will also tell us is congress ever going to be serious about bringing down the deficit? all of that is at stake here. amna: high-stakes. walk us through it. there has been a lot of buildup in debate. what are house republicans proposing? lisa: first of all, i want to say this has not been easy. republicans finally cobbled thi

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