matt: we asked elizabeth warren about bank consolidation and the state of the industry.isten to what she had to say. >> we still have a lot of problems. too much concentration in the banking industry. we have too big to fail banks that we did with the economy crashed in 2000 eight. too big to fail banks are bigger than they were back then. we are not out of the was yet but i feel a lot better when i guys talking about how we need to tighten down on banking regulation, go michael. matt: we listen to her, get a little bit scared come on the other hand when i talk to other bank analysts they said industry is in much better shape than it was 2007 and 2008. how do you view it? betsy: the industry is in better shape than it was then. the resilience of the industry the last six months shows for the failure of good size banks. in terms of the size, i do not think it is necessarily the size of the number of banks, but you need to banks in full size range both to provide varieties in level of service they provide but also to have acquired in place of a bank gets in trouble the fdi

and another listed the race as native american elizabeth warren .esearchers called the response evidence that fascism is on the rise in america. but refusing to answer question about your sexuality is fascism then i am needham was leaning. see how i didn't say hitler, i' learning? this proves that instead of salivating over everything lgbt maybe they should stf you. walter, what do you make of thi trend? is it because college kids are essentially dumb and will follo anything? i went to princeton and i can tell you that people have reall changed. i don't care what they call themselves what they really are is for it. >> at left how people go to princeton to tell people to go to princeton. >> exactly. and they're far too busy to hav sex. how do you get into ivy league teachers? pleasing your teachers pleasing authority figures. they've been good at this they're whole life since kindergarten they have raised their hand, they have erased th chalkboard, they've done everything society wants them and now they're doing another thing that society wants. but

start for free at godaddy.com caroline: senator elizabeth warren says she applauds the ftc for tryingke on microsoft in its merger with activision. here's what she had to say last night. >> the merger itself is not legal. we have an opinion from the judge. i want to commend the ftc for taking on hard cases, taking on big companies, taking on cases that in the past often just slid through but that are clear violations of the law. i applaud what the ftc has done and i say stay after it. caroline: meanwhile, the ftc chair is currently testifying before the house committee on the judiciary on oversight. let's get to kailey leinz was busy conducting that interview with senator warren. she is a democrat and she speaks highly of the democratic led ftc but it's kind of partisan, that committee is an emblem of that. kailey: exactly, i just returned from capitol hill and i was standing outside the hearing room and democrats i spoke with like senator elizabeth warren had kind words for the ftc chair. republicans, not so much. in the hearing room, the chair has been accused of being a bully with

of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable elizabeth warren, a senator from the commonwealth of massachusetts, o perform the duties of the chair. signed: patty murray, president pro tempore. that all of us, whatever we represent and whatever views we advocate depend on. before i begin, i'd like to say that my heart today is with the people of vermont. they are grappling with the brutal flooding that hit us last week and when i came to the floor last week after touring the damage in vermont, i pledged that along with senator sanders and congresswoman ballast we'll do everything in our power to get the people of vermont the resources that they need to build back from there. and i make that pledge again today and i appreciate the leadership of our senior senator, senator sanders in advocating for vermont as we recover from this real crisis. . under the previous order, the senate will resume consideration of the motion to proceed to s.2226, which the clerk will report. the clerk: motion to proceed to calendar number 119, s., 226, a bill to authori

and what universe are elizabeth warren or beto o'rourke the iron you need to sharpen. has primary opponent, one polling in the double digits, somebody, rfk, jr., carving a lane of his own or marianne williamson, slamming the notion she doesn't exist. >> i don't think it's good for democracy, i think it's very important the democratic electorate get a chance to weigh in. i look at the campaign season as a long job interview process, and the vote should have a chance to interview all the candidates for the job and that does include the president. it's kind of out rageous what they are doing to support the president. >> will: the democratic national committee and joe biden will not debate marianne williamson and rfk, jr., and shadow boxing debates, a limited number of topics and opinions that could be debated. and rfk, jr. has highlighted why, despite the fact he introduces interesting topics into the discourse, he is on the left. i mean, he hated everything done by the supreme court last week. but, can you imagine that debate? marianne williamson and rfk, jr., and joe bi

for contributing to violence on january 6th i think is ridiculous. >> join me now is senator elizabeth warren from the great state of massachusetts. senator warren, thank you so much for joining me in person here in washington, d.c. >> good to be here. >> i want to hear about the scuttlebutt in the senate now that we have news of a potential third indictment. republicans criticize the department of justice or say nothing. do you get the sense in the hallways this is actually affecting them? there may be some sense of chagrin. >> they've got nothing to say. >> the play book it does not talk about the substance of the allegation but to talk about either the leakers or the government body or the institution but not really address the substance. do you think that is a strategy they can pursue for the entirety of let's say for example the election? >> yes, i do think it's a strategy they can pursue the entire time. they have so much practice at it, and they are so good at it. they just have constructed an alternative reality where it's not about what really happened on january 6th. what they exper

and i think of it when i see that man that talked to elizabeth warren. he's the kind of person that said i worked hard and paid off loans. and a lot of people say why should i pay this back. so expensive and not making enough money. see where it goes. thank you charles. so house republicans today scored a win in their fight what they say is increasing woke u.s. military. remember this effort, this is one tiny example. this one was by the u.s. navy to try to boost recruitment. >> come on, leave the saving the world to the men? i don't think so. i don't think so. >> how democrats in the senate are threatening now to unravel the whole thing that the house passed last night. and former state department investigator, david asher on a blockbuster new e-mail unredacted from dr. anthony fauci. you will see it here, why some connected to the covid leadership during the time of the pandemic. say that what is in this e-mail is evidence to them of a potential cover-up by dr. fauci. to find some relief. cosentyx works for me. cosentyx helps real people get real relie

leaders in the house and senate, including hakeem jeffries and senator elizabeth warren started sneaking "growing the middle-class" into social media statements. president joe biden returned with a speech reprinting his approach as bidenomics. real clear politics also tracks approval ratings by issues. on the war in ukraine, 44% approve of president joe biden's handling of the war in ukraine, 41% on his foreign-policy, 36.3% on crime. is he your candidate? that is the line. (202) 748-8000 is the line to use. if you have another democratic candidate you prefer, (202) 748-8001. for those who are unsure, (202) 748-8002. the president over the weekend in maine was touting his bidenomics. [video clip] >> i'm not here to declare victory on the economy. bidenomics is just another way of saying restoring the american dream. i believe every american willing to work should be able to get a job no matter where they live in the heartland, small towns, big cities, to raise their kids on a big paycheck. my dad was a well read men. his greatest regret was he never got to go to college. i give my word,

but certainly the fact that it is bipartisan that you've got elizabeth warren and lindsey graham, that'sinly speaks to the amount of momentum there is, even if it's not now for eventually getting something done >> all right, our emily wilkins live in d.c., emily, thank you very much. >> thank you >>> all right, time for your morning call sheet and start with jpmorgan. they say while they remain positive on bilibili among gen-z users it's becoming more cautious on its outlook. shares down 2% morgan stanley cutting carvana's rating but raising price targets and while it gives their management credit for carrying out key cost savings, significant challenges remain when it comes to used car, consumers and the viability of the company's long-term business model. shares of carvana up over a half a percent right now. and your stock of the morn, what else, meta platforms flurry of upgrades on the back of earnings with ubs and mizuho bumping prices up almost 8.5% >>> time now for your global briefing we begin with the european central bank set to issue its latest policy decision at 8:15 a.m. east

i will ask jim bianco where is elizabeth warren's outrage about this? biden administration moved heavy enand earth to help the unfortunate americans but people have lost their big safety net. my take on the hunger cliff. all that and so much more on "making money." ♪ charles: it has been a quiet session so far, behind the scenes, folks i can tell you right now the bears are in a tizzy. many recalculating, recalibrating how they want to go about this musing whether or not to stay the course but the shorts, the shorts are different. i talked about this strategy. the shorts have real losses on the line. hedge funds are unwinding bear stock positions take a hit but live to play another day. here is another interesting thing, no one even the rare bull of last year coming into this year no one was bullish enough as you can see here. your most bullish targets we're well over 4500 right now. listen, these are year-end targets. maybe thrill with be a pullback but the fact the bottom line everyone got caught flat-footed. what is the deal right now with these mark

elizabeth warren, we have a backwards set of tools available by statute for the fed to deal with inflation. there has been a drastic cutback in the rate of enforcement of antitrust laws to prevent the accumulation of monopoly and pricing power by large companies , there is no corresponding tool in the fed's hands to raise taxes on the profits that result from this kind of monopoly pricing power. until we include that tool with interest rates that hurt the smallest people in the country, it is as if we are limiting the power of doctors to cure people by letting them use bleeding techniques used in the 15th century instead of giving them modern pharmaceuticals. host: let's get a response. guest: that is a point you hear from time to time, are reusing the right tool for the job? you kind of go to war with the system that you have. if they wanted to direct other regulators like antitrust authorities to take steps to try to slow down the economy, they could. we have chosen over several decades that this is the way we are going to deal with inflation. maybe some people did not think about it so

we're going to get reaction from senator elizabeth warren and my msnbc colleague jen psaki. stick around. stick around if you're looking for a medicare supplement insurance plan that's smart now... i'm 65. and really smart later i'm 70-ish. consider an aarp medicare supplement insurance plan from unitedhealthcare. with this type of plan, you'll know upfront about how much your care costs. which makes planning your financial future easier. so call unitedhealthcare today to learn more about the only plans of their kind with the aarp name. and set yourself and your future self up with an aarp medicare supplement plan from unitedhealthcare. - i got the cabin for three days. it's gonna be sweet! with an aarp medicare supplement plan what? i'm 12 hours short. - have a fun weekend. - ♪ unnecessary action hero! unnecessary. ♪ - was that necessary? - no. neither is a blown weekend. with paycom, employees do their own payroll so you can fix problems before they become problems. - hmm! get paycom and make the unnecessary, unnecessary. - see you down the line. detect this: living with h

elizabeth warren urged the s.e.c. to act. the main issue, the purchase of twitter by owner elon musk. she writes or she wrote, his control of both companies might lead to conflicts of interest. senator warren was also concerned with how musk took over twitter. he reportedly brought workers from tesla to help him at twitter. she wrote that might be a violation of state or federal labor law. tesla did not respond to a request for comment. the strike that has consumed hollywood seems to be at a standstill. no more negotiations on the horizon. some actors joined writers on the picket line. after sag-aftra and hollywood producers could not reach a deal. they want more pay and protections against the studio, using their likeness with artificial intelligence technology. you might have to wait a little bit longer for a new season of your favorite show. the production of many shows and movies have been suspended while actors are on strike. >>> tonight, we respond to a woman in the south way who had about 100 bucks hinging on a cabinet

janet yellen who says more mergers might be the best way or jonathan and elizabeth warren who is calling for scrutiny? >> let me not comment on either of those individuals. [laughter] but i like that -- [laughter] let me say broadly speaking i think mergers can be useful important part of anynd sector including the financial services sector. we have statutory factors we looked at a few mergers and the effect of competition. we look at stability and resources and stand ready to do that when things come forward. >> sometimes it is unclear about how supportive they would be. >> we had a few month process that resulted in approval of a large banking merger so we know how to do mergers and they meet the statutory factors and we would do that. >> the fed is a consensus driven institution and even though it's rare on monetary policy, it's less rare on monetary policy and governor sounds like she might be against proposals and my questions what steps have you or will you take to secure unanimous support? >> i very much believe in the nature of the federal reserve, an important way we work togeth

the top general and national security advisor should have been fired and they are as white as elizabeth warren. [laughter] jake sullivan looks like an albino making a snow angel. [laughter] and millie looks like a mayonnaise sandwich. but the white house has been relentless in signaling its obedience to diversity with millie soon to retire to the chairman of the joint chiefs biden is pushing general charles brown junior. this is someone who prioritizes the gei initiatives and once said flat out, i hire for diversity. in this anti-meritocracy is all over take the texas border, millions of illegals already have a texas is so desperate they are installing blowup of pontoons in an attempt to harden their defenses for the nation that defeated hitler and invented the nuclear bond is defending itself with balloons. which will only work until someone brings a safety pen. dhs secretary alejandra in charge of our border security had this to say. we didn't forget the clip he had nothing significant to say he never does. [applause] >>. [laughter] but he only talks if it's to lie about his own personnel us

there were democrats like elizabeth warren who from the beginning thought that was a better option thansuspect before the election in 2024, they will be back with another plan to relieve debt and that you will see republicans again go to court and this will be something the supreme court will decide in 2025 if the democrats still hold the white house. >> always appreciate your analysis, many thanks. >> thanks for having me. >>> ron desantis' presidential campaign has shared a video slamming former president donald trump for his previous support of the lgbtq community. the video is being widely condemned as homophobic and it is the latest attack in a growing feud between the gop's top two 2024 contenders. christian holmes explains how donors and supporters feel about the video. >> reporter: when i'm talking to donors, they think that this was a weird play. they're not entirely sure why they decided to release this video. another group that is very important actually released a statement, the log cabin republicans. they call themselves the largest republican group that advocates for lgbtq

elizabeth warren was on our air earlier this week saying that jay powell needs to take yes for an answer and stop the cycle. you are going to get pressure that way. if you are looking at the signs that big spending is down, big borrowing is starting to go down. manus: one guest earlier this week warned that if there were any more rate hikes to come from the federal reserve it would be monetary malpractice. one of the protagonists of that fairly aggressive hiking cycle, as we all know it is been the st. louis president james bullock who has resigned after 15 years. he is off to be the dean of a university. and on the others you have rba taking in michelle bolick. i think it is interesting when you look at kashkari who pivoted from arch dove to protagonist hawk but bullard going out the door at the end of august is perhaps removing one of the most vera lynch hawks vocally and on -- virulent hawks vocally and on tv. >> his doctor was one of the highest on the dot plot that we get from the fed once a quarter. we were surprised about the rba replacing governor lowe. the rba has gone through a

stuart: i guarantee elizabeth warren and the chair of the senate budget committee will disapprove oftory. the share buyback. >> i will give this to david. well fargo increasing dividend to 35 cents, they cleared the stress test reported he for seven% in the past. stuart: i love shared objects. >> i prefer dividend growth and its buyback plan, they don't have to do it, you know what they buyback until they report later to announce it and a lot of it replaces talk given to compensation so i like dividends because it's real cash. >> hold on a second. coca-cola what early this morning, it's not just a soft drink. >> the stock is struggling, they raise their outlook for the year end then they said customers are unwilling to trade down to private labels, cheaper settles. they raised prices 10% in the quarter and apparently we are okay, so by soda and snacks. stuart: at&t is down $14 a sh share. >> earnings were better, free cash flow higher but they added fewer wireless subscribers and stock not reacting. stuart: i almost bought at&t because of wonderful dividend and you talked me out of i

stuart: elizabeth warren want reparation for yays, they were damaged because they were not allowed toerybody's got a story. other people's money. stuart: don't forget your friday feedback. e-mail your questions, comments, anything you like. funny viewers at fox.com. by economics in philadelphia this morning, they won't see real problems there, drugs, crime and malicious, a democrat city and our president should see what's happening there. he won't but he should. that's my take next. ♪ ♪ will do you shop for vitamins at walmart? force factor products powerfully improve your health, but they're also delicious, easy to use, and affordable. that's why force factor is now the number one best selling herbs and supplements brand at walmart. unleash your potential with force factor at walmart. the actors and writers strike push hollywood hold that's got streaming companies looking to cut costs. lydia with us, does this mean less content? >> you can look at that in two ways, positive and negative, the positive here is maybe this will free up cash flow for streamers as they try to cut costs in

all right, when we come back, senators elizabeth warren and lindsey graham teaming up on a new bill to yesterday's s&p 500's winners and losers ♪ old school wisdom, with a passion for what's possible. that's what you get from the morgan stanley client experience. you get listening more than talking, and a personalized plan built on insights and innovative technology. you get grit, vision, and the creativity to guide you through a changing world. ♪ this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you... i'm done. i'm okay. >>> good morning, welcome back to "squawk box." we're live from the nasdaq marketsite in times square future, 90 points higher on the dow, s&p 500 looking to open higher as well, about 30 point, the nasdaq looking to open 200 points higher if we did so, stil

. >> reporter: on the other hand progressives like senator elizabeth warren, they are praising the presidentcorporations and their armies of lobbyists crying foul at the prospect of more competition but she says this action by the biden administration is welcome news for american small businesses, workers and consumers. that's a quote. the chamber of commerce argues the biden administration is ignoring the positive impact mergers can have like innovation and in some cases lowering prices for those who do not agree with these new proposed rules, they will have 60 days to make a comment on it. it is not exactly clear, liz, when they will officially go into effect. liz? liz: yeah, the comment period. we'll wait to see what happens there, grady thanks for joining us. joining us how to play the activision microsoft deal, because overall it is extended to october 18th from the close. we have kelly founder and ceo, kevin kelly. warren buffett, i want to say a couple quarters ago, well you know, activision blizzard at the time it was trading around 70 bucks. he thought if the merger is supposed to b

democratic senator elizabeth warren and republican senator lindsey graham are looking terrain and bigh. politics make strange bedfellows. lauren: to create another government agency, 5 bipartisan commissioners. to pursue and shutdown big tech companies if they encourage online on, discourage free-speech, discourage competition, got to prove it and they will fight you every step of the way. they want everyone to do something about digital innovation. moving into ai, that is great. there's a dark side that needs to be managed beyond powers of the doj and ftc. dave: now this. teachers unions in nebraska trying to kill the state's new school choice program. we will speak to a school choice advocate that says the school system is failing, she joins me next. ♪ you ok, man? the internet is telling me a million different ways i should be trading. look! what's up my trade dogs? you should be listening to me. you want to be rich like me? you want to trust me on this one. [inaudible] wow! yeah! it's time to take control of your investing education. cut through the noise with best-in-class educat

senator elizabeth warren wants $50 million for gay couples who paid taxes before gay marriage was legalized. and want to level out the racial wealth gap. in illinois outside chicago is where it started, 25 million going to qualify black residents. supporters safer the whole country, we are at the point we negotiate the price, what about the principal whether any payments should be made at all. the president said he wants to study the reparations question. a classic political move. appoint a commission and ignore its report. biden cannot ignore the vote. without a democrats challenge is slim to none. here is the biden dilemma. how many votes would reparations purchase, how many would reparations turn off? how do you come off as the unifier of the country when you support racial division. second hour of varney just getting started. look who's here on friday morning, welcome back, professor. do you think more people will be turned off by what i call vote buying or will it work? brian: i hope so because this mentality is going to destroy this country. we will become a country of people taking f

. >> praise the good indian lord, elizabeth warren. >> that sounds sexy. ♪ >> there's good news.ill fightracism. >> wait, wait, wait, how? >> ever since joe biden went into office, all kind of [bleep]. >> what happened to that? >> don't hold your breath, kid. >> joe biden says this hiking trail will help you find a job, in the woods? with the bears? you'll get eaten by a bear. >> i can't do woods. >> you afraid of wolfs? >> no. >> bears? >> yeah, a little. >> this hiking trail will take years and years to build. >> while people starve years and years. >> probably be 100 by then. >> try being 110 and doing it again. >> don't be too upset because new jersey just got $44 million for an electric bus charging station. >> do you know what you could do with 44 million? >> i need to move to new jersey, huh? >> you want an electric charging station? >> i want affordable housing. >> does joe biden need to take a hike? >> a hike is an understatement. >> joe biden, stop spending money badly. >> i don't know why they moved my boy trump out of office. >> that's me. >> you're going to be on "je

elizabeth warren, they don't want you to do your own taxes, they will do it for you because then they will decide what you pay. that the story here. lauren: they have a relationship with matter, who wants their tracking tools anyway. we went deep deeply. brian: dig beneath the surface. stuart: back to the markets please as we keep saying, friday morning, rounding out a pretty good week for the market so far and so have green, nasdaq up 50, the dow is up one hundred 60. michael lee back with us this morning. i've asked you this so many times, i will ask you again today in view of this week's rally. are you back as a raging bull? >> don't know about a raging bull but i think this market is headed higher in the short term. new highs typically beget new highs. i think we are in a trying economic situation though it is kind of segregated to lower two thirds or 3 quarters of the economy where the rich need to get richer and there's something special going on in artificial intelligence, dick -- take a quick look at nvidia's stock. holy moly. stuart: nvidia is up again today something like 20

squad, people on the left who might prefer a bernie sanders, who has already endorsed him, or elizabeth warrenas a surrogate for him, we're standing beside joe. if he sides he's not going to run, sure, gretchen whitmer and others will get in. the age is a consideration. what hillary clinton was sig in a conference a few weeks ago was butchered. she was being honest, reflecting what people feel, is you should be able to talk about these things. you have to acknowledge it, not just make a joke about it. this is why i'm fit to do the job, deserve to be re-elected. elliott cohen, who rot that piece in "the atlantic" is a republican who worked under condoleezza rice in the bush administration at the state department. he was a support are of joe biden over donald trump. this isn't a dyed in the wool liberal. this is elliott cohen. joe biden is out there today, we got the jobs report, the longest streak of unemployment at 4% in american history. people are talking about, there's not good jobs, not prime age. the prime age for employment is 81%, the highest since 2001. >> tell me why people don't feel

a market flash reuters are reporting that elizabeth warren is looking into aerojet rocketdyne the operationsould be crippled by the acquisition here from l3harris we will continue to watch the story throughout the morning >>> time for the "morning call sheet" by firms you know and stocks you own key bank wrraising the target o nvidia it is in the best position as the sector is in increased de demand shares up .7.75% piper sandler moving zillow to overweight looking at share gains and bottoming in the housing picture with improvements next year. looking at shares of zillow up 3% jefferies upgrading jpmorgan chase to buy j jefferies calling it a winner with strong liquidity positioning and best in class position shares of jpm up 1%. >>> time for the "global briefing." time to look at trading desks around the world chinese real estate stocks getting a boost after beijing announced two policies to support the real estate market there. the policies will remain in place until the end of next year china's automaker geely will sign agreement with renault. the remaining stake will go to a subsidiary

. >> massachusetts senator elizabeth warren calling on securities and exchange commission investigatever elon musk twitter takeover in letter to sec chairman against already rights the electric vehicle companies board quote appears failed to uphold legal duty to ensure that mlb musk acts in best interests of tesla, frances amazing to me this administration the democrat party pushing electric vehicles but not when it comes to elon musk's company. no. >> amazing, so what is interesting about this, from my standpoint, i am not a lawyer but there are two issues, disclosures for shareholders, damages what was damage to shareholders i guess what trying to get to bottom of obviously, this is political, and this -- exactly what you say hypocrisy ev why don't just -- >> jonathan they were not happy when elon musk exposed all of those lies, and all of that collusion between fbi, and social media companies now we understand what took place. >> exactly. and that the motivation behind this a concern for tesla shareholders or public? or is it really are they upset about elon musk taking over twitte

speaking of taxes, and aquatic lawmakers led by elizabeth warren have called on federal officials toestigate whether tax companies focus on the consumer like h&r block and tech giants have a role in sharing information taxpayers entered. they might have violent a taxpayer rights and privacy laws, but is there liability according to the senators? tune in at five clock p.m. because we have an interview with senator warren. this is bloomberg. ♪ caroline: in talks with nvidia to join investors to anchor the offering equate to the financial times. evaluation of 35 to $40 billion. one must will hold an event all caps on spaces focused on artificial intelligence. he has invited two prominent house lawmakers. democrat and public and state leaders will speak with musk tonight at 7:00 p.m. today's big take, how ai can make politics more dangerous. and ai with the potential to supercharge dissemination of misinformation among other things. the highs and lows of ai, bloomberg's emily, a great piece. how are we already seeing ai the coming involved in campaigns? emily: we are. we are seeing it fr

senator elizabeth warren and lindsey graham are introducing a new bill today to create a five-member commission to oversee tech companies. the regular coring sprue potential mergers, and limit how personal data can be used in targeted advertisements. we are told in this statement many companies have exploited consumers data, invaded you this property, and that they have stomped on competition and the economy. is the banks the only one that is voting on a house this afternoon whether it will hold mark zuckerberg in contempt of congress. a letter to const victor accused of medico of making down , but the white house. they will fly. . the committee has received more than 53 pouches of video to the kennedys while someone is holy in contempt of congress, it will have medium questions, most mercury killed five politicians ceos. . this let's night, voted on a red making its way to the volt at 10:00 . digital aspect that tried to bid up a framework at tables going to worse it directly security, commodity. that's why we've seen by the financial services committee and agriculture take up the s

. >> which is someone elizabeth warren, who has been pressuring him on that. this does not appear to be a place where he will bend. >> listen to aoc with dana bash, she's linking not just the supreme court cases but also some of the ethics questions that we've seen around the court. >> they are expanding their role into acting as though they are congress itself. these are the types of rulings that signal a dangerous creep toward authoritarianism. the supreme court has not been receiving the adequate over sight necessary in order to prove their own legitimacy. >> i think what is striking there is, yes, progressives like alexandria ocasio-cortez are trying to push the administration on this, not just on the front of the decisions but also on all of the things that we've seen about conflicts of interest and the ethical questions about justices, you know, going out on luxury trips with billionaires and then those people having business before the court and what that raises again to your point about the legitimacy of the court and the legitimacy of their rulings. b

. >> joining us now is senator elizabeth warren for the state of net massachusetts. thanks so much for joining us here in person. i want to hear with the scuttle in the senate now that we have news of a potential third indictment. the public posture of the republicans is to criticize the department of justice. do you get the sense in the hallways that this is affecting the? that there might be some sense of shogren or remorse? >> nothing to say. it didn't happen. >> wow. >> i guess the playbook has been that whenever there are explosive allegations, republicans, it's not about the substance of the allegation, but talking about the leakers or government body, or the institution. not really to address the substance. do you think it's a good strategy that they could pursue for the entirety of the election season? >> do you think it's a strategy that they can pursue. they've got so much practice at it. they're so good at it. they've just constructed and left alternative reality where it's not about what really happened on january 6th. what they experienced, what we exper

when senators and presidential candidates try to look relatable and forget do you remember when elizabeth warrensays i think i'll have a beer and she was like holding it upside down. like no you have to drink out of the other side -- [laughter] go ahead. >> first problem was saying perhaps. a hot dog -- whoever said the word perhaps in the history of hot dogs? >> the problem is he's got binders full of meat and -- he turned the wrong page and didn't realize hot dog isn't the best one actually. get out the binder again. he used ketchup do you call a foul for that? >> no. i don't call a foul for the ketchup i'm okay with ketchup i need you to -- look like you have eat and a hot dog before. get to the condiments later. gina is there a parts of you that wishes we have a morning zoo radio show so we can take the clip of i love hot dogs an play it every tim a joke got told. >> we would play in buns, out of buns -- just on the loop. jimmy: that's hilarious brenberg as a prohot dog guy we love to barbecue. okay, i will give him points for the food. food relatable but is the hot dog hat disqualifying? >>

before we had to break, senator elizabeth warren had this not shocking message for the fed chair. >> great news today. inflation has been cut by two thirds. my message is take yes for an answer and let's stop with the rate increases. done. ♪ what do you get from the morgan stanley client experience? listening more than talking, and a personalized plan ♪ to guide you through a changing world. ♪ oh, oh, oh...i'll be the judge of that. oh, that's nice... oh!! searchable, verified reviews. that's better than the ham, and i've never said that. booking.com booking.yeah >> i think it is a bull market until pulled ruben -- proven otherwise. i find it hard to argue that we are not in a bowl market. alix: that is colleen cox, talking to us yesterday. bringing us to the question of the day. where does the buck stop? matthew rowe is with us. where does the buck stop? matthew: time will tell, of course, but what is driving it right now is a lot of investors feel that we have reached cruise altitude, to use airplane terminology, where a lot of the long dollar trade was chasing the benefit connecte

they're trying to find a fall back position to use and act from 1965 to forgive department elizabeth warrenit takes a while in regulatory manner but i suspect before the election 2024 they'll be back with another plan to relieve debt and you'll see republicans again go to court and this will be something the supreme court will decide in 2025 if the democrats still hold the white house. >> all right, ron brownstein always appreciate your analysis and many thanks. >> thanks for having me. >> still to come a solid first half of the year for wall street but what about the outlook for the rest of the year? we take a look. as the hollywood writers strike goes on we look at the impact it's having on other essential employees and businesses. back with that in just a moment. bounty, the quicker picker upper. >> june was a big month for stocks. in fact the s & p 500 rallied for the first half of this year. what can we expect in the second half? cnn chief business correspondent christine romans has details. >> the stock market shown resilience after the awful 2022 as we wrap up first half of the year

if there's smoke, elizabeth warren trying to send a message.tuart: i don't think biden will be the democrats and democrats don't think it'll happen. >> no, there's a host on fox that owes me $500 if it doesn't happen. lauren: who? >> i'm not going to mention his name on hair but rhymes with sean hannity. we bet on the show and hard to get an incumbent off the ticket. i never believed they were going to go through with this. i thought he announced a reelection bid because he was trying to buy himself, shorten the distance of time as a lame duck president? does that make sense? he can wield a little more leverage. i can declare and someone else will take over. he doesn't wield the same type of leverage and power but i predict he's going down. stuart: you're an original thinker and we agree. >> mediocre minds. stuart: jimmy failla, thank you, sir. back to the markets. we're serious about money on this program. the dow is up 3, nasdaq up 59, s&p up 6. some green but not much. lou with us this morning. what's with the x from musk? what do you make o

on the jobs front, senator elizabeth warren has raised concerns about the recent rise in black unemploymentis the biden administration addressing concerns about the disproportionate impact of these high interest rates on communities of colour? fix, these high interest rates on communities of colour? a couple of ieces communities of colour? a couple of pieces of _ communities of colour? a couple of pieces of context _ communities of colour? a couple of pieces of context there, - of pieces of context there, number one, we were very, very glad to see in the course of this economic recovery we actually hit the lowest ever recorded rate in the united states for black unemployment. so while it is not good that it has risen to that level, it is raising off an historically low level. that said, senator warren of course is right to point out that, oftentimes, rising black unemployment is the canary in the coal mine is for raising any plumbing elsewhere in the economy so it is something we need to carefully monitor. those data are a little bit volatile, they can jump up are a little bit volatile, they

elizabeth warren and every other leading practically in the same words. it's criminal, biden said in disgust. trump responded, this faux outrage was actually concerned about the children by ending the policy within months. this was a very important part of this was a zero tolerance policy for illegals. he was going to deport them all and he had to give it up over these 4000 children that the democrats demagogued into outfits archivists. when biden took office, he made it a point to welcome unaccompanied minors to to the united states. it's a thousand mile. it's one of the most dangerous journeys the world. you to go through jungles, deserts. and there in the hands of cartel criminals. this lurid instead of having 4000 parents as kids is temporal separated the number exploded to. 250,000 100,000 of whom were just lost. the government doesn't know where they are. is somewhere the united states unknown. our government and the tender care a ruthless drug cartels sex traffickers and other criminals ready to rape and exploit them as child laborers in jobs that

elizabeth warren is another. i can go on and on. am wondering who thought posting this would be a smart idea? who snapped the photo not thinking should we really be snapping this photo and posting it? it's a little bit of two things. the hypocrisy, number one, but the foolishness of letting this get out of your hands. >> i imagine there or those out there that might disagree with you or me and say you are being tickey tack. you are being tickey tack. let her live her life. but she is not letting us live our life. she is part of the administration that wants to take those privileges, conveniences and luxuries in that picture away from the rest of us. i don't know how you explain hypocrisy. she doesn't mean it in the first place or doesn't believe the climate science? >> again, i think its easy for them to talk about climate and talk about everybody else changing habits like john kerry flying in his private jet but telling everyone else to drive electric cars. it's major hypocrisy and i'm glad it's getting coverage. it needs more cove

elizabeth warren should be screaming and cheering for a stablecoin that pays interest. matt: we are going to talk to her later and i don't think she is going to be cheering. but it is a great point. never enough time to spend with you. mike of galaxy digital, and sonali basak. always appreciate you. this is bloomberg. ♪ it's an amazing thing when you show generosity of spirit to someone. and you want people to be saved and to have a better life, then you don't stop. the idea that we have saved five million people's lives, it's overwhelming. it's everything. jon: i'm jon erlichman. welcome to "bloomberg markets." matt: and i'm matt miller. the cpi number was cooler than expected. you can see the s&p 500 is now up 0.8%, trading at 4475. the 10-year yield is moving down at 3.86. investors are buying the bond and the dollar is also weakening. $12.08, down almost 1% as the euro and yen rally. oil up $.92 per barrel and we are talking about west texas intermediate, not brent. the benchmark has increased above $80. banner day for a lot of assets. jon: and a lot of those consid

. >> if elizabeth warren was on the i would say here, i'll go with truman. >> i love the initials vw don't have a clue, what's the answer. the answer is edith wilson. i should get a lottery ticket she was also related to thomas jefferson and martha washington. who knew these things. thank you everybody for sending in your best wishes, this morning i have magnolia cupcakes from my team. >> how did you celebrate the big day. >> a party with my seven grandchildren. "coast to coast" starts right now. >> happy birthday stu coming up president biden overseas

elizabeth warren capitalized on this. in my white house, we will make it impossible to make sure that this will not happen with hunter biden and joe biden on boards -- >> dana: should we be critical now? >> i'm sure the same criticism would be logged but it wouldn't get you to joe biden is a mob boss. that's what republicans wants. tom iemmert says there's no papr connecting them. why do you think -- if you want to say dan goldman was ahead of his skis saying it was only the weather, et cetera, explain to me when they hyped up this $5 million payment and dan goldman says on air that devin archer had no idea about it, he was on the board. he would know something like that and he may have been on the phone. they didn't discuss his business dealings. you're not going to -- look. you -- >> dana: i have to read this here. we just got this there from devin archer's counsel. they said we're aware all sides are claiming victory following mr. archer's victory today. all he did is what we said he would do, show up and answer the qu

[peter] democrats remain divided between the populist pitch from bernie sanders and elizabeth warren,ore moderate messaging by biden, buttigieg, amy klobuchar. [kristen] former vice president joe biden, who has struggled to hold on to his frontrunner status, needs a strong showing here. joe biden was the frontrunner for the democratic nomination until he wasn't. [ed] former mayor pete buttigieg and senator bernie sanders are claiming victory in the iowa caucuses. [alisyn] here are the numbers as they stand. pete buttigieg holds a slight lead over the rest. [kristen] tonight, after the chaos in iowa, voters in new hampshire having their say. mr. trump out of the white house. that's my number one issue! cbs news projects senator bernie sanders as the winner of the new hampshire primary. here we have joe biden, really, with no momentum, and goes into south carolina as a very wounded candidate. you know, the press is ready to declare people dead quickly. but we're alive, and we're coming back, and we're gonna win. [kristen] south carolina could be make or break for joe biden, who's leadin

in a letter to fed chair jerome powell, democratic senator elizabeth warren of massachusetts called the fed's moves "needless rate increases that threaten the economy" and noted the unemployment rate among black workers rose sharply last month, to 6%. senator warren added, quote, "extensive research shows that black workers are usually among the first to lose their jobs when the labor market falters. accordingly, sharp increases in black unemployment can be a strong predictor of an impending recession." senate majority leader mitch mcconnell sparked concerns over his health wednesday after he suddenly stopped speaking during a news conference and had to be led away by his republican colleagues. >> this week, there has been good bipartisan cooperation. amy: the 81-year-old republican leader had just begun speaking to reporters about the senate's record-breaking $886 billion military budget, when he froze and stared off into space. after a 20 second pause, republican conference chair john barrasso led mcconnell away. mcconnell returned to the podium a short time later, insisting he felt f

. >> janet yellen said>> more mergers might be away out or elizabeth warren has been calling for greater scrutiny in bank mergers. >> let me not comment on either of those individuals. [laughter] >> you don't like the framing of that. >> let me say broadly speaking that i think mergers can be a useful and important part of any vibrant sector including the financial services sector. we have statutory factors when we review mergers. we look at the effect on competition, we look at financial stability, we look at convenience and we look at financial managerial resources and we stand ready to do that when banks come forward with the merger application. >> sometimes i hear the signals are not clear from this administration or the fed about how supportive they would be a bank mergers now. >> last fall, when i first arrived, we had a few month process that resulted in the approval of a very large bank merger - fight u.s. bank. i think the evidence is we know how to do mergers when they are appropriate and go through our process and they meet the statutory factors and we would do that for any ba

and here is elizabeth warren back in 2020 reporting on instagram that she accidentally set the marshmallowweet potatoes on fire. of course using a gas stove. here with reaction our host of the tudor dixon podcasts tudor dixon and host of the monica crowley podcast, monica crowley. thank you so much for joining us. monica i will start with you. the hypocrisy, i mean, it's hard not to smile when somebody preaches something and say they want to put it into law and take it away from you, but they have no problem using it themselves. >> yeah, you know that is exactly right, jason. great to see you and tutor. we spend a lot of time complaining about left-wing hypocrisy, but honestly i think it's a huge waste of time. the reason it's a waste of time is because the left does not care about have cost of see hypocrisy. they don't care about being called hypocrites. they plow on with their agenda. because they don't care there is no sense of shame or conscience on their part for their behavior. because there is no sense of shame there is no incentive to actually change their behavior. complaining abo