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edward lawrence on capitol hill where the vote will be taking place. kristina partsinevelos on the floor where the rally has been taking place. phil flynn in chicago and edward, let's start with you. reporter: 2 1/2 weeks in the making. at the moment the senate stan in recess. they're waiting for that vote to start. senate majority leader mitch mcconnell just spoke. one republican senator at least will break ranks. we learned senator mitt romney had an appalling abuse of power. he says he will vote to convict on abuse of power article of impeachment. in an emotional statement. listen to this. >> i am profoundly religious. my faith is at the heart of who i am. does anyone seriously believe that i would consent to these consequences other than from inescapable conviction that my oath before god demanded it of me? reporter: romney, we'll hear from witnesses and documents that contradicted what he heard from house managers. he said he didn't get that chance. most democratic sentences saying what the president did was wrong, that he should be removed not onl
edward lawrence on capitol hill where the vote will be taking place. kristina partsinevelos on the floor where the rally has been taking place. phil flynn in chicago and edward, let's start with you. reporter: 2 1/2 weeks in the making. at the moment the senate stan in recess. they're waiting for that vote to start. senate majority leader mitch mcconnell just spoke. one republican senator at least will break ranks. we learned senator mitt romney had an appalling abuse of power. he says he will...
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Feb 13, 2020
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edward lawrence in d.c. to our panel. gary b. smith joins us. fox news contributor and erin gibbs from gibbs wealth management where she is chief investment officer. on the coronavirus fears so to speak, gary, how do you work that in. it is tough to get a handle from the government's point of view what is happening. what about from an investor's point of view? >> there are two sides of the coin. one i keep coming back to the number of deaths that we have just from regular influenza every year. we have on average 10,000 people that die in the u.s. alone per year on regular flu. probably, 50, 60,000 worldwide. when you hear the numbers, look no one likes to hear any death but what was sars, 800? now we're at on the coronavirus like 12, 1500? so it is really not significant so far obviously. the other, but, on the viruses,, merz, anyone, sars, we've seen the market is always gone down from the first reported case to, basically cured. connell: right. >> right now the market is still up. i would expect more downside. connell: to gary's point, the mar
edward lawrence in d.c. to our panel. gary b. smith joins us. fox news contributor and erin gibbs from gibbs wealth management where she is chief investment officer. on the coronavirus fears so to speak, gary, how do you work that in. it is tough to get a handle from the government's point of view what is happening. what about from an investor's point of view? >> there are two sides of the coin. one i keep coming back to the number of deaths that we have just from regular influenza every...
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Feb 26, 2020
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connell: edward lawrence, capitol hill. melissa: let's go to kristina partsinevelos for the feeling on the floor today. kristina, what are you hearing? reporter: there is a lot of jittery movements. the fact the market has been down more than 500 points today, you have the drip, drip, i keep using that. one of the traders tell me something hits wire, 83 cases, 8 cases here, minister of health in germany are using words like epidemic and pandemic, when you throw these words out into the world and media you have reaction with the algorithms. then all the traders start chitchatting about it. that added to some of the intraday selloff towards 12 p.m. eastern time. then later on in the day. we saw movement into the safe haven of those that are trying to risk off, take off risk, more specifically government bonds. if you look at 10-year yield, prices do move in the opposite direction of yields and yields hit an all-time low of .1.304%. you're seeing movement into risk off type investments. look at leisure stocks. these are more c
connell: edward lawrence, capitol hill. melissa: let's go to kristina partsinevelos for the feeling on the floor today. kristina, what are you hearing? reporter: there is a lot of jittery movements. the fact the market has been down more than 500 points today, you have the drip, drip, i keep using that. one of the traders tell me something hits wire, 83 cases, 8 cases here, minister of health in germany are using words like epidemic and pandemic, when you throw these words out into the world...
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Feb 18, 2020
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edward lawrence in washington. jackie, you first to wrap up well, the nail biting day for us. >> looks like we have the record on the nasdaq. i hold my breath this time of day to see how it shakes out. any gain on the nasdaq, any green territory would be a new record. markets had a pretty rough day. we're closing down around 165 points on the dow. one of the big reasons for that of course is apple. apple warning about its first quarter revenue guidance. worried about the coronavirus epidemic in china, how that will have impact on its suppliers and its supplies in general. not necessarily saying it is a huge demand issue but more specific issue. remember, for example, chip suppliers like broadcom supply about 20% of apple's chips. so this is something to think about. it wasn't just apple took a hit today. those chip-makers all down the line took a hit as well. the previous forecast for apple was 63 to 67 billion in revenues. the company didn't give this new range. it said it may not be where it was hoping to be. but
edward lawrence in washington. jackie, you first to wrap up well, the nail biting day for us. >> looks like we have the record on the nasdaq. i hold my breath this time of day to see how it shakes out. any gain on the nasdaq, any green territory would be a new record. markets had a pretty rough day. we're closing down around 165 points on the dow. one of the big reasons for that of course is apple. apple warning about its first quarter revenue guidance. worried about the coronavirus...
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let's get right to edward lawrence in washington with more. edward? articles of impeachment came down party lines at the end, largely along party lines. article i, one defection. senator mitt romney. vice president mike pence within the last 30 minutes or so addressed this. listen to his comments. >> just a little while ago the united states senate voted to acquit president donald trump of both articles of impeachment. [cheering] reporter: you hear the reaction of the crowd
let's get right to edward lawrence in washington with more. edward? articles of impeachment came down party lines at the end, largely along party lines. article i, one defection. senator mitt romney. vice president mike pence within the last 30 minutes or so addressed this. listen to his comments. >> just a little while ago the united states senate voted to acquit president donald trump of both articles of impeachment. [cheering] reporter: you hear the reaction of the crowd
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Feb 14, 2020
02/20
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house last month that, indeed, the president wants the tax cut proposal before the election, edward lawrence with details, edward. >> administration official that they want to put universal savings accounts in the packages, what those savings accounts would do, it would allow americans to invest tax free, over $1,000, a portion of the income outside of 401(k)'s, people making up to $200,000, also making tax cuts that are currently in the tax code permanent for americans as well as a possible 10% middle-class tack cut going forward before the election and as you heard, they want to roll out this plan in september before the election likely two months and we will get criticism, though, here is kudlow about it this morning. >> in the meeting in the oval i guess 2 days ago he looked at me and said let's get it out by september, i've been consulting with the house colleagues, my great friend kevin brady, i will be consulting with senate colleagues, we've got some great internal ideas and other outside advisers. >> they are talking about this but a plan like this is likely to get a lot of pushback
house last month that, indeed, the president wants the tax cut proposal before the election, edward lawrence with details, edward. >> administration official that they want to put universal savings accounts in the packages, what those savings accounts would do, it would allow americans to invest tax free, over $1,000, a portion of the income outside of 401(k)'s, people making up to $200,000, also making tax cuts that are currently in the tax code permanent for americans as well as a...
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let's get right to edward lawrence in washington with more. edward? reporter: articles of impeachment came down party lines at the end, largely along party lines. article i, one defection. senator mitt romney. vice president mike pence within the last 30 minutes or so addressed this. listen to his comments. >> just a little while ago the united states senate voted to acquit president donald trump of both articles of impeachment. [cheering] reporter: you hear the reaction of the crowd there. as i said came down almost mostly on party lines. article i, senator mitt romney, abuse of power voted guilty on president trump saying he had to do that because the president denied his oath of office, went against his oath of office. the senator knows this may put him on an island with other republicans. other republicans calling this is a show. this is not protecting the presidency. this is about hatred for the president. senator lindsey graham says the exoneration will come during the next election when trump is reelected. listen. >> if you think you've done th
let's get right to edward lawrence in washington with more. edward? reporter: articles of impeachment came down party lines at the end, largely along party lines. article i, one defection. senator mitt romney. vice president mike pence within the last 30 minutes or so addressed this. listen to his comments. >> just a little while ago the united states senate voted to acquit president donald trump of both articles of impeachment. [cheering] reporter: you hear the reaction of the crowd...
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Feb 25, 2020
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edward lawrence on capitol hill. let's start with edward. a lost action, edward. reporter: centers for disease control warning americans be prepared for possible sustained spread of coronavirus. president donald trump has been briefed on this. today on capitol hill the administration trying to get in front of this, asking for 2 1/2 billion dollars for them to contain the coronavirus. health and human services secretary alex azar says they need the money to remain more aggressive but we will see more case. >> we cannot hermetically seal the united states off the virus. we need -- >> life goes on in some forms. >> we'll have more cases in the united states and we've been very transparent about that and we will then work to mitigate the impact of those. >> azar says the extra money would be used to expand surveillance systems, support state and local response and paying for test kits and hospital readiness. research, develop a vaccine and stockpile medicine. both parties grilled him about how 2 1/2 billion dollars might not be enough money. senator richard shelby cal
edward lawrence on capitol hill. let's start with edward. a lost action, edward. reporter: centers for disease control warning americans be prepared for possible sustained spread of coronavirus. president donald trump has been briefed on this. today on capitol hill the administration trying to get in front of this, asking for 2 1/2 billion dollars for them to contain the coronavirus. health and human services secretary alex azar says they need the money to remain more aggressive but we will see...
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Feb 17, 2020
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edward lawrence live at the white house with latest on all this. edward.eporter: connell, william barr facing growing pressure to resign. 1100 former officials signed a petition that he needs to step down. they say barr and donald trump interfered in a fair prosecution. democrats jumped on this, saying this must be the next investigation. >> i think he needs to go under oath and i'm very glad that he is going to have to testify before the house judiciary committee. reporter: barr will testify on march 31st before that committee. barr himself he have says he believes the sentence was excessive. the original recommendation was excessive. former white house chief of staff john sununu says this is all about politics. >> if the democrats were sincere they would have been criticizing holder and lynch when they were talking about protecting obama and being his wing man, et cetera. this is hypocrisy and stupidity on the part of the democrats. reporter: now the white house saying that the president has full faith and confidence in william barr still. now the judge
edward lawrence live at the white house with latest on all this. edward.eporter: connell, william barr facing growing pressure to resign. 1100 former officials signed a petition that he needs to step down. they say barr and donald trump interfered in a fair prosecution. democrats jumped on this, saying this must be the next investigation. >> i think he needs to go under oath and i'm very glad that he is going to have to testify before the house judiciary committee. reporter: barr will...
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Feb 20, 2020
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edward lawrence at the courthouse with more. edward?orter: roger stone will serve three years and four months as the maximum under the sentence. there was more under each count. here is how it breaks down, liz. count one, obstruction of justice was three years. counts two through six. lying to congress. witness tampering stone serves 1months. all concurrent. they're running at same time. that is the reason he serves the 40 months that is the most unthis. he will have a fine of $20,000. all of this is on hold for a retrial hearing. the defense on stone's team argues that the jury forman was biased against stone from the beginning of this process. during the hearing judge amy berman jackson said it was stone who inserted himself in the incendiary issue adding that he lied. president trump considering a pardon or commuting stone's sentence but holding off. listen. >> i'm not going to do anything in terms of the great powers bestowed upon a president of the united states. i want the process to play out. i think that's the best thing to do.
edward lawrence at the courthouse with more. edward?orter: roger stone will serve three years and four months as the maximum under the sentence. there was more under each count. here is how it breaks down, liz. count one, obstruction of justice was three years. counts two through six. lying to congress. witness tampering stone serves 1months. all concurrent. they're running at same time. that is the reason he serves the 40 months that is the most unthis. he will have a fine of $20,000. all of...
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Feb 25, 2020
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edward lawrence on capitol hill with more. edward?resident trump wanting more monty to be aggressive if the coronavirus ever take as foothold here in the united states. you heard what the president had to say. there this is what senator chuck schumer said that triggered off this comment. >> trump said that the coronavirus might, quote, miraculously fade once the weather gets warmer. towering and dangerous incompetence. reporter: facing the brunt of the conversations for the administration, health and human services secretary alex azar in front of the senate appropriations committee, you see the committee there, some headlines, he was very concerned that the virus will get into africa where some countries lack infrastructure to contain it. he also says just like the cdc said, we will see more cases in the u.s. it is a matter of how many. >> so what we look for is sustained human-to-human transmission, especially unidentified. that is what is particularly concerning about iran and it tally right now. we have sustained human-to-human tra
edward lawrence on capitol hill with more. edward?resident trump wanting more monty to be aggressive if the coronavirus ever take as foothold here in the united states. you heard what the president had to say. there this is what senator chuck schumer said that triggered off this comment. >> trump said that the coronavirus might, quote, miraculously fade once the weather gets warmer. towering and dangerous incompetence. reporter: facing the brunt of the conversations for the...
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Feb 12, 2020
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edward lawrence at the white house with details. reporter: federal reserve chairman jerome powell heard very tough questions from these senators. he did say under oath that the economic expansion will continue in his view. he also says he is watching the coronavirus very carefully and he says economic data will come in soon to show the economic impact here in the u.s. but he spent a lot of time talking about what really keeps him up at night. that is a cyberattack on the banking system. he says that they can stop the cyberattack but he is worried about the erosion of confidence in the system itself. powell also talked about the budget. he says in addition to the debt concern he says that what scratches his head or what makes him scratch his head is health care. listen. >> the biggest issue of our federal budget is health care spending. we spend 6 to 7% of gdp more than other countries do. that is about delivery. that is a lot of money you're spending every year and effectively getting nothing. reporter: talking about a strong econom
edward lawrence at the white house with details. reporter: federal reserve chairman jerome powell heard very tough questions from these senators. he did say under oath that the economic expansion will continue in his view. he also says he is watching the coronavirus very carefully and he says economic data will come in soon to show the economic impact here in the u.s. but he spent a lot of time talking about what really keeps him up at night. that is a cyberattack on the banking system. he says...
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Feb 10, 2020
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edward lawrence joins us now from washington.ter: yeah, liz, those four members were charged, identified with the chinese military this. they believe this was a grievous act. in fact attorney general william barr says this is the largest state-sponsored theft of personal information he has ever seen. the attorney general says in the nine indictments it shows that these four members were part of the 54th chinese research institute. now sensitive information from as you said 145 million people now rests in the hands of the chinese. >> for years we have witnessed china's voracious appetite for the personal data of americans, including the theft of personnel records from the office of personnel management, the intrusion into marriott hotels and anthem health insurance companies and now the wholesale theft of credit and other information from equifax. reporter: barr says that the doj rarely charges military members from other countries outside of the united states but this breach was grievous enough to warrant these charges. he says t
edward lawrence joins us now from washington.ter: yeah, liz, those four members were charged, identified with the chinese military this. they believe this was a grievous act. in fact attorney general william barr says this is the largest state-sponsored theft of personal information he has ever seen. the attorney general says in the nine indictments it shows that these four members were part of the 54th chinese research institute. now sensitive information from as you said 145 million people...
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Feb 28, 2020
02/20
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edward lawrence, thank you.'s bring in a microbiologist, he is dedicated his career to working on antibiotic drug discoveries. what you know about progress being made so far they could help protect people? >> we are hearing about some progress on the vaccine and their buicks. those are entering into clinical trials and looking for signs of success. we did hear from dr. fauci a couple nights ago that that is still a ways away. there's no immediate success to boast right we have to remain extra ordinary vigilant and very, very cautious as we think about how we and our children and families do things in our everyday lives and as we said, we just need to be sensible. >> dana: is easy for a mom or dad, it's pretty easy i think to explain to older children the importance of washing hands and try not to touch her face. what should parents do they have younger children and they are trying to really stress how important this is. it's hard when you're out there playing with the legos and things. >> right, absolutely. if y
edward lawrence, thank you.'s bring in a microbiologist, he is dedicated his career to working on antibiotic drug discoveries. what you know about progress being made so far they could help protect people? >> we are hearing about some progress on the vaccine and their buicks. those are entering into clinical trials and looking for signs of success. we did hear from dr. fauci a couple nights ago that that is still a ways away. there's no immediate success to boast right we have to remain...
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Feb 17, 2020
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edward lawrence is at the white house right now with all of the details. edward?you know, kristina, from the chinese side of this phase one trade deal, the chinese are already starting to make big agriculture purchases in february. china's also offered now a legal shield to american companies in china because of the coronavirus so they woeb won't be responsible for loss of work or any damages related to coronavirus there. with all this economic goodwill, the u.s. is now considering tough rules related to sending technology to china. the commerce department looking at requiring special license to use equipment to make microchips to send to huawei and other chinese companies, according to the "wall street journal." now, in a statement to fox business, the commerce department spokesperson says this, the department of commerce continues to follow its announced process of reviewing individual license applications and circulating them through the usual interagency process. if staff level unanimity is not achieved, the decision is then made at the secretarial level. it i
edward lawrence is at the white house right now with all of the details. edward?you know, kristina, from the chinese side of this phase one trade deal, the chinese are already starting to make big agriculture purchases in february. china's also offered now a legal shield to american companies in china because of the coronavirus so they woeb won't be responsible for loss of work or any damages related to coronavirus there. with all this economic goodwill, the u.s. is now considering tough rules...
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Feb 20, 2020
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to edward lawrence live outside of the courthouse in d.c. with the latest on this. edward?r stone is free on bail. he will not begin serving his three years, four months in prison until two weeks after the retile motion has been settled. his attorneys are saying he deserves a retrial because of issues with the jury foreman. in the sentencing today that lasted more than 2 1/2 hours the judge severely admonished stone, raising her voice at some points. she said the prosecution happened because stone inserted himself into the middle of insend did i airy issues of the day. she called him a liar several times and disrespect for the rule of law. she said the judge's original recommendation was too harsh but probation too lenient. 40 months for seven counts and 20,000-dollar fine. minutes after the sentencing representative adam schiff said stone lied to congress to. pardoning stone would be a breathtaking act of corruption. to that the president said in the last hour. >> roger is not somebody who worked on my campaign. i know roger but a lot of people know roger. everybody sort o
to edward lawrence live outside of the courthouse in d.c. with the latest on this. edward?r stone is free on bail. he will not begin serving his three years, four months in prison until two weeks after the retile motion has been settled. his attorneys are saying he deserves a retrial because of issues with the jury foreman. in the sentencing today that lasted more than 2 1/2 hours the judge severely admonished stone, raising her voice at some points. she said the prosecution happened because...
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Feb 24, 2020
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we have edward lawrence in washington. edward? reporter: with pageantry out in india, president trump said the u.s. would sell $3 billion of american military equipment to india. that is intended to deepen the connection between the u.s. and india. president donald trump wanting to open the indian market to direct investment by u.s. companies as well as lower tariffs on u.s. products. >> we are in the early stages of discussion for an incredible trade agreement to reduce barriers of investment between the united states and india. and i am optimistic that working together, the prime minister and i can reach a fantastic deal that's good and even great for both of our countries. reporter: that was a huge stadium, 110,000 people as you said, filled to capacity. the president taking his message directly to the people of india. >> america loves india. america respects india. and america will always be faithful and loyal friends to the indian people. [cheering] the story of the indian nation is a tale of astounding progress, a miracle of
we have edward lawrence in washington. edward? reporter: with pageantry out in india, president trump said the u.s. would sell $3 billion of american military equipment to india. that is intended to deepen the connection between the u.s. and india. president donald trump wanting to open the indian market to direct investment by u.s. companies as well as lower tariffs on u.s. products. >> we are in the early stages of discussion for an incredible trade agreement to reduce barriers of...
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let's get to edward lawrence. live from capitol hill.itt romney is the first one to say. >> he may be the first and only one, will have to wait and see how the republicans fall in my care. what's going to happen in 55 minutes or so, you will see the debates switch to a vote where senators will say guilty or not guilty related to the articles of impeachment. mitt romney as you said, came up in the last hour or so saying he would vote to convict the president on the abuse of power, he did it in an emotional statement on the floor. listen. >> corrupting an election to keep oneself in office is perhaps the most abusive and destructive violation of one's oath of office that i can imagine. and democrats may see some deceptions here for folks who will vote to acquit the president. we are looking at senator joe manchin from west virginia. he still on the fence here. senator doug jones from alabama but he came out earlier today saying he would eventually side with the democrats in his political future on the line. watch. >> president trump left h
let's get to edward lawrence. live from capitol hill.itt romney is the first one to say. >> he may be the first and only one, will have to wait and see how the republicans fall in my care. what's going to happen in 55 minutes or so, you will see the debates switch to a vote where senators will say guilty or not guilty related to the articles of impeachment. mitt romney as you said, came up in the last hour or so saying he would vote to convict the president on the abuse of power, he did...
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edward lawrence live in washington with more. edward.e talking about senator mitt romney. we'll talk about him in a second. as you said the president is expected to be acquitted during the impeachment trial. the question is how many republicans will vote to convict the president? susan collins was on the fence and considered, came out to say the house did not meet their burden. house managers did not follow through showing he committed a high crime for misdemeanor. she will vote to acquit. there may be some democrats that vote to acquit. senator joe manchin, saying he is on the fence. senator doug jones from alabama. he ated end of the day decided to vote to convict. that is still not enough votes for the democratic side. speeches by senators over the articles of impeachment are going on the senate floor. republicans saying this is all politics in an effort to take the president off the board in the 2020 elections because democrats cannot beat them at the ballot box. you're looking live at the senate floor. senator mitt romney considered
edward lawrence live in washington with more. edward.e talking about senator mitt romney. we'll talk about him in a second. as you said the president is expected to be acquitted during the impeachment trial. the question is how many republicans will vote to convict the president? susan collins was on the fence and considered, came out to say the house did not meet their burden. house managers did not follow through showing he committed a high crime for misdemeanor. she will vote to acquit....
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edward lawrence is in washington with the latest news on the senate impeachment trial today. t's right. even without the final vote on impeachment we'll talk about this, the state of the union is tomorrow. that address, the president is saying will go forward as planned. the president will be standing in front of house speaker nancy pelosi. now it is unclear if he will talk about impeachment in the address but this is what he said about fox news es sean hannity yesterday? >> it is very unfair. from the day i won. i really say before the day i won. day i came down the escalator with the future first lady who is doing such a good job. to be honest with you, it probably started from there. ofit has been a very unfair process. the mueller report, russia, russia, as you say which was total nonsense. it was all nonsense the whole thing was nonsense. it was very unfair, mostly unfair to my family. my family suffered from all of this. many other families suffered from all this. reporter: during the impeachment trial, senators asked 190 questions. they have tens of thousands of pages o
edward lawrence is in washington with the latest news on the senate impeachment trial today. t's right. even without the final vote on impeachment we'll talk about this, the state of the union is tomorrow. that address, the president is saying will go forward as planned. the president will be standing in front of house speaker nancy pelosi. now it is unclear if he will talk about impeachment in the address but this is what he said about fox news es sean hannity yesterday? >> it is very...
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Feb 11, 2020
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go to fox business's edward lawrence on capitol hill with the latest. edward? reporter: melissa, one of the big things he is watching the coronavirus very closely. he says there has been minimal impact on the u.s. economy so far. but the chinese economy had a impact. there is concern it could spill over globally. one very interesting point that came out of the testimony today, is that when asked what the most important risk to financial stability for the u.s. is, powell says it is cyberattacks. he said that he never really gets that fully comfortable feeling that we are fully protected from hackers. >> you know the thing that which worry about a lot is cyberattacks. i think we have a great gameplan for traditional you know, issues lake bad loans and things like that. it is more cyberattacks. really the frontier where you worry. we work very, very hard on that. all the agencies do. we all work together. the institutions themselves work really hard. that i would say is a major focus. reporter: powell testified the u.s. economy is in a very good place. he indicate
go to fox business's edward lawrence on capitol hill with the latest. edward? reporter: melissa, one of the big things he is watching the coronavirus very closely. he says there has been minimal impact on the u.s. economy so far. but the chinese economy had a impact. there is concern it could spill over globally. one very interesting point that came out of the testimony today, is that when asked what the most important risk to financial stability for the u.s. is, powell says it is cyberattacks....
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edward lawrence has far better details than i do on that. edward?se details are coming out as we speak. the judge went through a litany of things. she spent at least 45 minutes talking about how she will do this we're looking at, as you said, 40 months in prison. that is 3.3 years roughly in prison for stone. this is following his conviction on seven counts of witness tampering, obstruction of justice and official proceedings with making false statements. he is now, he remains free on bond relating to that hearing this 40 months for the total seven counts we're hearing from our producer bill mears inside the courtroom here today. now stone will leave the courthouse here after the sentencing hearing. there will be another hearing related to a retrial, a possible retrial because of a biased foreman. that hearing will happen sometime next week, possibly on tuesday is when the department of justice has to have their brief in on their side of that case but again, roger stone, getting sentenced to 40 months in prison. that is 3.3 years in prison for the s
edward lawrence has far better details than i do on that. edward?se details are coming out as we speak. the judge went through a litany of things. she spent at least 45 minutes talking about how she will do this we're looking at, as you said, 40 months in prison. that is 3.3 years roughly in prison for stone. this is following his conviction on seven counts of witness tampering, obstruction of justice and official proceedings with making false statements. he is now, he remains free on bond...
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Feb 18, 2020
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edward lawrence with the latest on that front. hey, edward.orter: neil, michael bloomberg making 100% reversal on his feelings of wall street as far as back as 2011. in 2011 he said obama era rules on wall street were punitive actions against the markets. now he wants to reinstate those rules and expand them. he wants to add to the volcker rule. he says banks should be under more string again stress tests. to be able to be a sore more losses hold on more money. not lending out as much. he wants fannie and freddie handling all the mortgage industry. he wants to expand the consumer financial protect bureau not just pay day loans but auto loans and credit bureaus. he wants to create a doj unit to go after corporate corruption. bloomberg plans to add a 1% financial stance action tax, to address what he calls wealth inequality. as bloomberg spends more on ads himself, rising in the national polls more on what he says is being used against him. listen what he said in 2011. >> there is enormous coheart of black and latino males, say 16 to 25, that do
edward lawrence with the latest on that front. hey, edward.orter: neil, michael bloomberg making 100% reversal on his feelings of wall street as far as back as 2011. in 2011 he said obama era rules on wall street were punitive actions against the markets. now he wants to reinstate those rules and expand them. he wants to add to the volcker rule. he says banks should be under more string again stress tests. to be able to be a sore more losses hold on more money. not lending out as much. he wants...
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Feb 13, 2020
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edward lawrence is at the white house with more.eporter: imagine the argument that went on in the oval office. governor andrew cuomo sitting face-to-face with president donald trump. the acting homeland security secretary was also there. they were talking about giving the federal government access to dmv records in new york. they don't have access to that. andrew cuomo, the president could bring in other items from one of his tweets earlier today. he talked about a lot of things he wanted to ask the governor. he must understand that national security far exceeds politics. new york must stop all of its unnecessary lawsuits and harrassment. start cleaning itself up and lowering taxes, build relationships. don't bring fredo an insult that set off the governor cuomo's brother last year. white house press secretary stephanie grisham says this is all about public safety. they want to be able to vet the people who are in the global entry program. >> i think it is unfortunate they're making this about politics. this is about the security of
edward lawrence is at the white house with more.eporter: imagine the argument that went on in the oval office. governor andrew cuomo sitting face-to-face with president donald trump. the acting homeland security secretary was also there. they were talking about giving the federal government access to dmv records in new york. they don't have access to that. andrew cuomo, the president could bring in other items from one of his tweets earlier today. he talked about a lot of things he wanted to...
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cover it all at the top story with blake berman at the white house, susan lee on the floor and edward lawrence in washington with the jobs report but blake we begin with you. >> we are expecting president trump back here at the white house probably later this hour, it's the first time he left washington since being acquitted in the senate on wednesday in his impeachment trial. the president spending the afternoon in charlotte, north carolina with the opportunity zones which is the component of the 2017 tax cut and job act. it's also a key feature in the president tuesday night state of the union speech which had a heavy focus on a look back at the past three years. there are real questions here in washington right now would just how much can get done over the next year looking ahead. before leaving for charlotte today, the president was asked if he can work with nancy pelosi and democrats and he did not give any reassurances. >> i think there is a lot of people on that side. they've gone totally crazy pray too bad. i've gotten tremendous amount done more than anybody has gotten done in three y
cover it all at the top story with blake berman at the white house, susan lee on the floor and edward lawrence in washington with the jobs report but blake we begin with you. >> we are expecting president trump back here at the white house probably later this hour, it's the first time he left washington since being acquitted in the senate on wednesday in his impeachment trial. the president spending the afternoon in charlotte, north carolina with the opportunity zones which is the...
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edward lawrence at the white house with a preview. hey, edward. reporter: neil, yeah, the president will center his speech around the theme of the great american comeback. you will hear five broad points that the president is going to make here. the first talking basically around his favorite topic in the economy. he will talk about the blue-collar boom. in addition to the economy creating 184,000 jobs per month over the last few months, workers wages at lowest end were rising faster than the highest end. the president will talk about support for working families, with families making $5000 more before president trump came to office. the president will mention his steps about lowering the cost of health care as well as his policies putting u.s. on the path to safe and legal immigration system. we're also hear a lot about the president talking about about protecting national security from intellectual property protections and trade deals to making sure iran does not get a nuclear weapon. now the big question here, is will the president talk about t
edward lawrence at the white house with a preview. hey, edward. reporter: neil, yeah, the president will center his speech around the theme of the great american comeback. you will hear five broad points that the president is going to make here. the first talking basically around his favorite topic in the economy. he will talk about the blue-collar boom. in addition to the economy creating 184,000 jobs per month over the last few months, workers wages at lowest end were rising faster than the...
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Feb 13, 2020
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edward lawrence is live in washington with the story. edward?r: the crackdown on the universities had an effect the 10 universities come forward reported previously unreported finances, gifts they got from foreign companies, countries, 3.$6 billion worth. they include a big list. cornell, university of colorado boulder, university of texas andersen cancer center, mit, university of chicago, penn, boston university, texas a&m, yale, carnegie mellon. they launched an investigation into harvard last july and also yale. yale alone failed to report $375 million in foreign exists. this money can buy influence and access to research. comes from countries like china, qatar, saudi arabia and united arab emirates. he used to prosecute cases like this. this is the just the beginning. >> this is the opening salvo. the administration wanted to make a splash. that is why it went after harvard and yale. this affects juts about every college and university in the united states. folks at those institutions are concerned because they're typically not subject to t
edward lawrence is live in washington with the story. edward?r: the crackdown on the universities had an effect the 10 universities come forward reported previously unreported finances, gifts they got from foreign companies, countries, 3.$6 billion worth. they include a big list. cornell, university of colorado boulder, university of texas andersen cancer center, mit, university of chicago, penn, boston university, texas a&m, yale, carnegie mellon. they launched an investigation into...
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Feb 12, 2020
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edward lawrence live at the white house what are we saying to the treasury secretary. >> this is a verynteresting case going forward. the treasury secretary has very tough questions specifically from democrats related to the budget but there's concern of how the budget will play out in what's being cut and what's not being cut going forward. mnuchin defending the tax cut for corporations as well as informer can individuals. he then struggled with senator ron wyden about why the president's tax return has not been turned over. the other republican request had been made. listen to this. >> you are stonewalling about stonewalling. and there is a double standard. two committee chairs, one gets no response with the goal authority, the democrats, the republican gets a quick response. >> that is not fair, we responded to the your request and others of thousands. >> democrats painting a picture of the economy not really reaching everyone. in the tax cuts have disaster bidding the budget deficit, mnuchin defending the budget and tax cut satan it will balance out. >> we believe that the tax cut w
edward lawrence live at the white house what are we saying to the treasury secretary. >> this is a verynteresting case going forward. the treasury secretary has very tough questions specifically from democrats related to the budget but there's concern of how the budget will play out in what's being cut and what's not being cut going forward. mnuchin defending the tax cut for corporations as well as informer can individuals. he then struggled with senator ron wyden about why the...
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Feb 28, 2020
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edward lawrence is there outside of the fairfax hospital, he has more on what he learned today.at the hospital, they are not just training, they are stockpiling the protective gear including the masks. there are no cases of the coronavirus in virginia. however, the head of infectious diseases for the entire system is having one-on-one meetings with all the department face-to-face, twice a week starting on monday to talk about what happens if a patient walks through the doors for early detection. >> the early we can isolate the less exposure. >> the point of contact with a potentially infected patient could be outside the hospital. if the health department alerts them to someone coming in. >> we would not recommend that they come directly to the er but probably have a way that we would potentially meet them outside the er and immediately bring them into a room to avoid any type of spread of the virus. reporter: anyone coming into the hospital who could be affected would end up in isolation. >> we have rooms which call negative air pressure which would protect the patient from eve
edward lawrence is there outside of the fairfax hospital, he has more on what he learned today.at the hospital, they are not just training, they are stockpiling the protective gear including the masks. there are no cases of the coronavirus in virginia. however, the head of infectious diseases for the entire system is having one-on-one meetings with all the department face-to-face, twice a week starting on monday to talk about what happens if a patient walks through the doors for early...
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Feb 11, 2020
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edward lawrence joins us live from capitol hill with a full recap. a lot of political questions, huh, edward? reporter: a lot of political questions. to your point the economy is bringing in folks on the edges of this economic expansion into the labor force. that is a good thing he says. he sees the economic expansion continuing, he says. consumer spending will drive this economy is to 20. we may see some pickup in business investment. the reason for that is uncertainty. some uncertainty is cleared up. we have phase one trade deal with china going into effect on friday. usmca will be get ready to get implemented over the summer. also brexit happened. the uk did not fall off of a financial cliff but again he testified, there are some risks forming, listen. >> we find the u.s. economy in a very good place, performing well. we see, signs of global growth bottoming out. we see reduced trade policy uncertainty. overall the background. we see strong job creation, moderate growth, all of this happens in the context of a good, strong, u.s. economy. into that
edward lawrence joins us live from capitol hill with a full recap. a lot of political questions, huh, edward? reporter: a lot of political questions. to your point the economy is bringing in folks on the edges of this economic expansion into the labor force. that is a good thing he says. he sees the economic expansion continuing, he says. consumer spending will drive this economy is to 20. we may see some pickup in business investment. the reason for that is uncertainty. some uncertainty is...
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edward lawrence has been watching and has the crucial moments in the final arguments over the last couple of hours. tell us, edward. >> yeah, liz, in fact, as you described, the official impeachment trial now concluded. this starts the debate portion of it, for the senators. that's what's going to happen between now and as you described wednesday. during these closing statements here, the democrats house managers say that the president's legal team and the president himself has obstructed the facts and have gone forward with their closing arguments. the house managers say that they made their case explaining that the president stalled and obstructed this investigation from day one. now the president's lawyers are pushing back related to this saying there are so many holes in the house managers' case, basically describing they could drive a truck through it. republican senator blackburn saying enough is enough. she says when she goes back and talks to the people of tennessee, those people she says have basically tuned the impeachment out. >> they are not talking about impeachment. they wan
edward lawrence has been watching and has the crucial moments in the final arguments over the last couple of hours. tell us, edward. >> yeah, liz, in fact, as you described, the official impeachment trial now concluded. this starts the debate portion of it, for the senators. that's what's going to happen between now and as you described wednesday. during these closing statements here, the democrats house managers say that the president's legal team and the president himself has obstructed...
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Feb 25, 2020
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edward lawrence live on capitol hill, deirdre bolton on the floor of the new york stock exchange, phil flynn is watching action in oil and gold at the cme, but edward, we will kick it off with you. reporter: centers for disease control says the american public needs to be prepared for a possible sustained spread of the coronavirus. also communities need to brace for possible outbreak. the president has been briefed on all of this. health and human services secretary alex azar testified today he is concerned about the sustained human-to-human transfer that they're seeing in italy and iran related to this virus going forward. he told senators at an appropriations committee hearing that the $2.5 billion additional they want will be enough to stay aggressive against this virus. listen. >> it would be very concerning if this virus spreads say to africa or other areas that have less developed public health infrastructure because they won't be able to take steps towards mitigation and containment we can take here in the united states. reporter: extra money in the united states would be used t
edward lawrence live on capitol hill, deirdre bolton on the floor of the new york stock exchange, phil flynn is watching action in oil and gold at the cme, but edward, we will kick it off with you. reporter: centers for disease control says the american public needs to be prepared for a possible sustained spread of the coronavirus. also communities need to brace for possible outbreak. the president has been briefed on all of this. health and human services secretary alex azar testified today he...
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Feb 26, 2020
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fox news edward lawrence has reaction now from washington. >> wall street for a second straight day, a massive sell off, rocking stocks and forcing the trump administration to try and calm nerves. >> our economy is in good shape. this virus won't last forever. we have contained it. long term investors should take a good, hard look at whether they want to add to their positions in the stock market. >> reporter: add to their positions, because stocks are suddenly much, much cheaper. but the flip side is, they could go even lower. no one knows if we've hit rock bottom yet. >> i think before this is done, we're going to be down at least 10 or 12% from the highs. >> the big part of this is the coronavirus, how it's put a ripple in the political economy. >>> a driver goes on a rampage through the streets of san francisco, hitting two pedestrians before then crashing into a police patrol car. what we're learning about the injuries involved here, and the charges that driver is now facing. >>> also, an emotional scene in oakland as the department honors and says goodbye to the fired police ch
fox news edward lawrence has reaction now from washington. >> wall street for a second straight day, a massive sell off, rocking stocks and forcing the trump administration to try and calm nerves. >> our economy is in good shape. this virus won't last forever. we have contained it. long term investors should take a good, hard look at whether they want to add to their positions in the stock market. >> reporter: add to their positions, because stocks are suddenly much, much...
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Feb 26, 2020
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get to edward lawrence at the white house. president is expected to come out to say exactly the steps the united states will take in order to help stop or try to prevent the coronavirus from spreading within the united states. today the secretary of health and human services, alex azar was on capitol hill asking for $2.5 billion. some of the money diverted. some new money in order to handle this. the risk of getting coronavirus in the u.s. is very low. however he said, or the cdc came out yesterday said it is not a matter of if but a matter of when the coronavirus comes spreading into the united states. of that money,$.5 billion, lawmakers were saying that might be too low -- 2.5 billion. the language changed yesterday from azar to today. today he is saying at least $2.5 billions. there could be more coming down the road. republicans and democrats believe that is possible. liz: president of the united states is about to take to the podium. we see various health officials believed to be the coronavirus task force now walking in
get to edward lawrence at the white house. president is expected to come out to say exactly the steps the united states will take in order to help stop or try to prevent the coronavirus from spreading within the united states. today the secretary of health and human services, alex azar was on capitol hill asking for $2.5 billion. some of the money diverted. some new money in order to handle this. the risk of getting coronavirus in the u.s. is very low. however he said, or the cdc came out...
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Feb 28, 2020
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want to go to edward lawrence in washington d.c. edward? >> reporter: yeah. this was the message from chairman jay powell to markets, to investors, to everyone out there. it says this: the fundamentals of the u.s. economy remain strong. however, the coronavirus poses evolving risks to the economic activity. the federal reserve is closely monitoring developments and their implications for economic outlook. we will use our tools and act as appropriate to support the economy. this is a statement here late in the afternoon as the markets, again, falling for, what, for the fifth day in a row here because of coronavirus fears. charles: all right. real quick you said maybe summertime, but you said they'd be working over the weekend. it sounds like that sense of urgency is there. >> this is before the cut to calm the markets with a signal that they understand it, that they're changing -- charles: so they're laying down the rationale for a cut. >> they're laying down the rationale an attempt to kind of stem the panic. when the cut happens, again, within the next few m
want to go to edward lawrence in washington d.c. edward? >> reporter: yeah. this was the message from chairman jay powell to markets, to investors, to everyone out there. it says this: the fundamentals of the u.s. economy remain strong. however, the coronavirus poses evolving risks to the economic activity. the federal reserve is closely monitoring developments and their implications for economic outlook. we will use our tools and act as appropriate to support the economy. this is a...
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Feb 28, 2020
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edward lawrence has been looking into that. hey, edward. >> reporter: hey, neil. yeah, fairfax hospital here in fairfax, virginia, has been ramping up, gearing up, stockpiling those protective gear. talking about the masks, the robes, the gloves there just in case. now, there are no cases of coronavirus here in virginia. however, just in case the head of infectious disease is having face to face meetings with all the department heads twice a week starting on monday so everyone in the hospital knows what to look for for early detection. >> the earlier we can isolate a patient, the less exposure there is. >> the point of contact with a potentially-infected patient could be outside the hospital. if the health department alerts them to someone coming in. >> we would not recommend that they come directly to the e.r., but probably have a way that we would potentially meet them outside of the e.r. and then immediately bring them to a room to try to avoid any type of spread of a virus. >> reporter: anyone coming into the hospital who could be infected would end up in isol
edward lawrence has been looking into that. hey, edward. >> reporter: hey, neil. yeah, fairfax hospital here in fairfax, virginia, has been ramping up, gearing up, stockpiling those protective gear. talking about the masks, the robes, the gloves there just in case. now, there are no cases of coronavirus here in virginia. however, just in case the head of infectious disease is having face to face meetings with all the department heads twice a week starting on monday so everyone in the...
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Feb 25, 2020
02/20
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let me get to edward lawrence, who was earlier in the room when the health and human services secretary spoke to congress, and he was asking for money, was he not? you just heard he says we need money to prepare this nation for what italy and the other parts of the country and the world are facing. reporter: and vital, one of those five things he just mentioned there, talking about the stockpiling of medical equipment that we need, he said, testifying today, there's 30 million of those respiratory masks for medical professionals. we need 100 times that for medical professionals to be able to handle what potentially could come to the united states if the coronavirus spread. he testified this morning that the u.s., that he's very concerned about that sustained human-to-human transfer of the virus, specifically in italy and iran, and how sustained that is going forward, especially when they don't know exactly where those people got it from originally. now, he defended in front of the committee the $2.5 billion the administration wants. lawmakers were thinking that possibly it should be mor
let me get to edward lawrence, who was earlier in the room when the health and human services secretary spoke to congress, and he was asking for money, was he not? you just heard he says we need money to prepare this nation for what italy and the other parts of the country and the world are facing. reporter: and vital, one of those five things he just mentioned there, talking about the stockpiling of medical equipment that we need, he said, testifying today, there's 30 million of those...
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Feb 14, 2020
02/20
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the president did put pressure on him, he said the tweeting as you know was a bit of a problem, edward lawrencellowing that development and has the latest, edward. >> the defense team for andrew mccabe is saying the case was close bid the department of justice, that's it, they are done with that interaction there, now a person familiar with the conversation says that attorney general barr for weeks has been talking with president donald trump about his tweets, senior administration official telling us that the president knew that barr was going to do the interview but did not know that the attorney general was going to admonish the president for his tweets, barr says that it makes it more difficult for him to do his job. >> to have public statements and tweets made about the department make it impossible for me to do my job. that's why i think it's time to stop the tweeting about the department of justice criminal cases. >> so the president's reaction, well, he tweeted again this morning, the president saying that he has never talked to attorney general barr about a criminal case although he we
the president did put pressure on him, he said the tweeting as you know was a bit of a problem, edward lawrencellowing that development and has the latest, edward. >> the defense team for andrew mccabe is saying the case was close bid the department of justice, that's it, they are done with that interaction there, now a person familiar with the conversation says that attorney general barr for weeks has been talking with president donald trump about his tweets, senior administration...
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Feb 20, 2020
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edward lawrence at the federal district courthouse following this. set the scene please.e of the screen. reporter: stu, this starts in a matter of minutes. the judge will read seven counts that roger stone was found guilty on. stone will have the chance to address the court. then the judge will impose sentence. they believe it will be between three and five years. stone will walk out of the building. judge decided execution of that will be delayed after a hearing about a possible retrial because of issues with the jury forman. president donald trump already stirring the pot on this. pinned to the top of his twitter account for the last eight hours or so is a clip of tucker carlson calling for the president to pardon stone. stone was convicted last november on seven counts from obstruction, lying to congress and witness tampering. back to you, stu. stuart: thank you very much indeed. bring in harlan hill. trump 2020 advisory board member. i have a suspicion the president is considering a pardon for roger stone. any comment on that, harlan? >> he should and he will. it is c
edward lawrence at the federal district courthouse following this. set the scene please.e of the screen. reporter: stu, this starts in a matter of minutes. the judge will read seven counts that roger stone was found guilty on. stone will have the chance to address the court. then the judge will impose sentence. they believe it will be between three and five years. stone will walk out of the building. judge decided execution of that will be delayed after a hearing about a possible retrial...
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edward lawrence in d.c., give me the breakdown. what's he got for us?ot going to go to pay down the national debt. the presidential hopeful michael bloomberg has plans for those monies. he plans to use it to pay for a number of proposals like revamping health care, his trillion dollar infrastructure plan and education reforms, among other items. his planned targets, corporations and the wealthiest of americans so the increases, he wants to put back the top tax rate at 39.6% from 37% which is what it is now, reversing the president's job cuts or tax cuts and jobs act. bloomberg would then add a 5% tax on people making more than $5 million a year. he wants to levy those more taxes on corporations, heavy on the rise of -- including rising the corporate income tax rate for corporations from 21% to 28%. bloomberg will then toughen the estate tax as well as making capital gains taxes the same as income tax for people worth more than $1 million a year. worth more than a million. have to figure out the calculation for the worth of someone. now, the name of his
edward lawrence in d.c., give me the breakdown. what's he got for us?ot going to go to pay down the national debt. the presidential hopeful michael bloomberg has plans for those monies. he plans to use it to pay for a number of proposals like revamping health care, his trillion dollar infrastructure plan and education reforms, among other items. his planned targets, corporations and the wealthiest of americans so the increases, he wants to put back the top tax rate at 39.6% from 37% which is...
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edward lawrence with the details. reporter: he has got that money.n aide that former new york city mayor michael bloomberg will target markets, doubling his ad buys. bloomberg says his strategy is more efficient focusing on big states and swing states while ignoring the first couple democratic primaries. by my count he has spent $300 million on television, radio, online advertisements. taking up those open slots. for example, tom steyer has, former hedge fund manager spent $134 million. no other democratic candidate has reached $30 million in ad buys as of yet. now in addition, now that the iowa caucus results are trickling in, some experts i talked with, they think the true winner of that caucus was michael bloomberg. his campaign, and ad buys based on the idea that former vice president joe biden would fade in the polls. apparently his fourth place finish, if it holds is opening the door for bloomberg. maybe he saw that, bloomberg did. on so but doubling down on the ad buys might push him into the polls and into the nomination he is hoping. back to
edward lawrence with the details. reporter: he has got that money.n aide that former new york city mayor michael bloomberg will target markets, doubling his ad buys. bloomberg says his strategy is more efficient focusing on big states and swing states while ignoring the first couple democratic primaries. by my count he has spent $300 million on television, radio, online advertisements. taking up those open slots. for example, tom steyer has, former hedge fund manager spent $134 million. no...
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Feb 10, 2020
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edward lawrence has a latest from washington. son is why today and advance team landed in beijing. they will work with china on the joint mission to try and stop the spread of this virus going forward. tracking some 40,000 cases globally. 2700 of those cases are new within the last day or so. the chinese foreign minister confirming that one american has died inside china in a hospital in wuhan. 900 deaths happening. ninety-eight of those coming in the past day. one outside of china. a cruise ship docked in japan, 65 new passengers, new cases of passengers on the diamond princess, have contracted the virus. 400 americans on board. twenty-three of them are sick. >> it is a pretty posh prison. let's make it clear, we cannot take one step out of the door without permission from the captain to go on deck which we are not doing. seventy-five and 77. the older people who have been getting the sickest and dying. >> she is not sick. she wants to keep it that way. princess cruise refunding the payment that was made for the cruise for all th
edward lawrence has a latest from washington. son is why today and advance team landed in beijing. they will work with china on the joint mission to try and stop the spread of this virus going forward. tracking some 40,000 cases globally. 2700 of those cases are new within the last day or so. the chinese foreign minister confirming that one american has died inside china in a hospital in wuhan. 900 deaths happening. ninety-eight of those coming in the past day. one outside of china. a cruise...
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Feb 17, 2020
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edward lawrence has the details from the white house. hey, edward, what's up here?eil, the admin administration looking to restrict equipment that has microchips that could be sent to china. "the wall street journal" says this could come down to a trade restriction. companies would have to have a special license to use the equipment and sell it to huawei and other chinese companies. the commerce department spokesman says a grand jury indictments of huawei suggests caution of licensing applications. they have major concerns about huawei. this is part of the push from the administration to stop china from stealing vital technology and using it for military purposes. we first reported last summer the commerce department coming up with new rules to limit sensitive technology going to china. now the other big story, the white house is following now, growing call for attorney general william barr to resign. a letter with 1100 former doj employees and others signed sent to barr saying he and president trump interfered with a proper prosecution. for his part barr says in th
edward lawrence has the details from the white house. hey, edward, what's up here?eil, the admin administration looking to restrict equipment that has microchips that could be sent to china. "the wall street journal" says this could come down to a trade restriction. companies would have to have a special license to use the equipment and sell it to huawei and other chinese companies. the commerce department spokesman says a grand jury indictments of huawei suggests caution of licensing...
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Feb 25, 2020
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edward lawrence on capitol hill. hey, edward. tell cat balance that will cost money, neil. it will be very expensive to keep the coronavirus getting a foothold here in the united states. $2.5 billion extra what the administration wants. 1.2 billion to help with development, research of a vaccine. not all of the money is new money. some would be diverted from the ebola prevention fund but some on bottom line will be new money. $1.25 billion would be new money to stay aggressive against this virus. >> we cannot hermetically seal off the united states to a virus and we need to be realistic about that and so this virus -- >> life goes on in some form, doesn't it? >> it does. we'll have more cases in the united states. we've been very transparent about that. they will then work to mitigate the impact of those. reporter: azar is concerned about the sustainability of human-to-human transmission of this disease, specifically this happening in italy and iran. you're looking here at a live video of the testimony he is giving. there is bipa
edward lawrence on capitol hill. hey, edward. tell cat balance that will cost money, neil. it will be very expensive to keep the coronavirus getting a foothold here in the united states. $2.5 billion extra what the administration wants. 1.2 billion to help with development, research of a vaccine. not all of the money is new money. some would be diverted from the ebola prevention fund but some on bottom line will be new money. $1.25 billion would be new money to stay aggressive against this...
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get the latest from edward lawrence.r: neil, michael bloomberg says the government needs more money. as we do that, he says his 5 trillion-dollar plan will impact .1% of americans. the reach could be greater because he plans to raise the corporate tax rate from 21% to 28%. he targets wealthy americans, putting 5% tax on people making more than five million dollars a year. he wants to raise the top tax bracket back to 39.6%. bloomberg will toughen the estate tax. making capital-gains taxes the same as income tax for people worth more than a million dollars. instead of talking about merits of bloomberg tax plan, when interviewed by fox news's sean hannity on sunday, trump talked about bloomberg's appearance. >> when i think of him i think of little. now he wants a box in the debates to stand on. you can be short. why should he get a box to stand on, okay? he wants a box for the debates? why should he be entitled to that? really, does that mean everyone else gets a box? reporter: $5 trillion generated from bloomberg's taxes
get the latest from edward lawrence.r: neil, michael bloomberg says the government needs more money. as we do that, he says his 5 trillion-dollar plan will impact .1% of americans. the reach could be greater because he plans to raise the corporate tax rate from 21% to 28%. he targets wealthy americans, putting 5% tax on people making more than five million dollars a year. he wants to raise the top tax bracket back to 39.6%. bloomberg will toughen the estate tax. making capital-gains taxes the...
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Feb 21, 2020
02/20
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edward lawrence has much more. >> it's going to be a very interesting conversation.na for direct investment from u.s. companies and also removing the tariffs that india puts on u.s. companies and products going there. last year the administration stripped india of the low tariff status of the united states and larry kudlow said that during the last bilateral meetings with prime minister of india president donald trump has been pushing for economic change their. >> were in the earliest preliminary stages. and i think what you might see, i don't want to get ahead of the president story, i think you might see his public willingness to negotiate with india, they are friends and so forth and i don't expect any details or much progress at all. >> kudlow says this trip is one more step in the process coming to a trade agreement with india, the u.s. is india's largest trading partner followed by china. they said last 2019 the trade deficit for the u.s. and india was $24 billion, u.s. export by 3.9% but imports from india grew 6.3% in the administration wants to turn those nu
edward lawrence has much more. >> it's going to be a very interesting conversation.na for direct investment from u.s. companies and also removing the tariffs that india puts on u.s. companies and products going there. last year the administration stripped india of the low tariff status of the united states and larry kudlow said that during the last bilateral meetings with prime minister of india president donald trump has been pushing for economic change their. >> were in the...
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Feb 26, 2020
02/20
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edward lawrence has the latest on all of that. reporter: the w.h.o.ating in their news conference minutes ago that the coronavirus is out, it's writing, more new cases outside of china then there are new cases inside of china for the first time that happened yesterday. here on capitol hill the health and human. undersecretary alec cesar talking with house members to talk about diverting and getting new funds to help contain the virus in the united states. alehe says they are out of mone, it's either been spent or already obligated, that is one of the reasons he is asking for money to be diverted or adding money to contain the virus. both republicans and democrats questioning $2.5 billion may not be enough. >> i've got the green light from our side of the aisle to say if we have to go beyond this please feel free with your colleagues on the other side that we will work with you on that. reporter: the senior democratic aide saint chuck schumer will be submitting a plan today with $8.5 billion to continue the virus here in the united states. alex azar ch
edward lawrence has the latest on all of that. reporter: the w.h.o.ating in their news conference minutes ago that the coronavirus is out, it's writing, more new cases outside of china then there are new cases inside of china for the first time that happened yesterday. here on capitol hill the health and human. undersecretary alec cesar talking with house members to talk about diverting and getting new funds to help contain the virus in the united states. alehe says they are out of mone, it's...
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Feb 13, 2020
02/20
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edward lawrence has more. reporter: for harvard lax institutional controls.refused to report a single foreign gift from 2015 to 2017. they are required to announce the foreign exists let them an be known by law. department of education says $6.4 billion unreported gifts from china, qatar, saudi arabia and united arab emirates. the fear from the administration countries want return on their investment like stealing research. attorney alex hontos used to work for the justice department prosecuting cases like this. he works for dorsey and whitney. he see as whole government approach to crack down on foreign actors who may try to steal intellectual property. >> i think the big takeaway, this is a a wake-up call for u.. research institutions. this is not scrutiny that they're usually subject to. it is a sign that the administration is really serious about pressing on all fronts to ferret out chinese influence in the united states. it is new reality. i think organizations need to adjust. reporter: the office of science and technology policy within the white house i
edward lawrence has more. reporter: for harvard lax institutional controls.refused to report a single foreign gift from 2015 to 2017. they are required to announce the foreign exists let them an be known by law. department of education says $6.4 billion unreported gifts from china, qatar, saudi arabia and united arab emirates. the fear from the administration countries want return on their investment like stealing research. attorney alex hontos used to work for the justice department...
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lonski said if hotter hotter wage growth we will see what investors go with that, right right now edward lawrence> well -- >> the 225,000 jobs created last month 206,000u in private sector, 19,000 in public sector unemployment rate ticked up to 3.6% the revisions both up 7,000 jobs, 5,000 november, 2000 december. u6 up to 6.9% long term unemployment, at 19.9% of unemployed unchaeks average hourly wages up 7 cents 3.1% increase over past 12 months, labor force participation rate 63.4%, that is up two -- 2. % average hourly workweek unchanged 34.3 hours, manufacturing, average hourly week unchanged at 40.4 hours nonsupervisory wage up 3.3% past 12 months .1% month over white unemployment rate 3.1 black unemployment rate 6% hispanics unemployment rate 4.3% asian unemployment rate 3% winners health care, construction, and transportation health care added 36,000 jobs are, construction added 44,000 jobs, and leisure hospitality winner 36,000 jobs added manufacturing lost 12,000 jobs, mining lost 700 jobs, retail lost 8300 jobs are, one interesting point in here, being the reentrance in the workforce, w
lonski said if hotter hotter wage growth we will see what investors go with that, right right now edward lawrence> well -- >> the 225,000 jobs created last month 206,000u in private sector, 19,000 in public sector unemployment rate ticked up to 3.6% the revisions both up 7,000 jobs, 5,000 november, 2000 december. u6 up to 6.9% long term unemployment, at 19.9% of unemployed unchaeks average hourly wages up 7 cents 3.1% increase over past 12 months, labor force participation rate 63.4%,...
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Feb 11, 2020
02/20
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edward lawrence has the very latest. yeah, today at the house financial services committee, chairman jay powell saying the economy's in a very good place, regardless of the spread of the coronavirus. he went on to testify, though, that consumer spending is driving this economic expansion. he says the consumer spending tapered off a little bit at the end of last year but household fundamentals are still there to keep the spending going. powell says business investment remains weak because of slow global growth and trade disputes. he says some uncertainty is clearing, however, listen to this. >> risks to the outlook remain. particularly, we are closely monitoring the emergence of the coronavirus which could lead to disruptions in china which spill over to the rest of the global economy. reporter: powell says right now there's minimal impact to the u.s. economy from this virus. he adds that we cannot calculate yet the economic impact for china and the surrounding countries but there will be an impact. >> there will be effec
edward lawrence has the very latest. yeah, today at the house financial services committee, chairman jay powell saying the economy's in a very good place, regardless of the spread of the coronavirus. he went on to testify, though, that consumer spending is driving this economic expansion. he says the consumer spending tapered off a little bit at the end of last year but household fundamentals are still there to keep the spending going. powell says business investment remains weak because of...