to do that at the fcc.our response to the changes that elon musk is making at twitter thus far? do you like what you are seeing? >> i'm hopeful we end up with protecting a widespread political views. i don't think we need to rely on the benevolence of elon musk or to purchase deplatform, that's wife and my position for years. we need pro speech guard rails. let's protect political speech, let's make sure there's not discrimination against it but push for user empowerment, transparency and accountability. while i'm hopeful that elon musk has moderation tours the diversity of use, i think we should put regulations in place that are going to collect -- protect political speech in the digital town square. emily: fcc commissioner brendan carr, thank you so much for stopping by. millions of mothers have left their jobs as a result of the covid-19 pandemic. the cause, inadequate childcare. that's why the co-founder decided to come up with a marshall plan for moms, a nonprofit that has helped pass landmark childcar

not the fcc, but it could be the commerce department as well.do you hope to come out of that national security agreement with tiktok that we have at this moment? brendan: i have been open, at least theoretically for a while, that there is some agreement put in place that addresses national security concerns. but there was a new york times piece a couple weeks ago that said there was a tentative deal put in place with tiktok, but it had multiple high-level sources in the justice department saying that the number two in the doj is concerned that that tentative deal is not tough enough. so i think we have to be very careful here going forward that we are not allowing data flows back into china. because it is not just about espionage and for an instant owns -- foreign influence, we are also feeding china ai. ai can be used for good or bad, and the pla and cpp have set a goal of dominating ai. so i am very concerned about sending ai for with various purposes. emily: how far do you take this? should companies like meta, alphabet, apple, have employees

and it appears to be expressing views, independent of his role as an fcc commissioner.we are on a path to reaching an agreement with the u.s. government that'll satisfy all reasonable, national security concerns. >> why are they not drafting legislation to make sure they are safe from this. you need a congress to vote in that legislation so you can write as many pieces of policies as you can. they're not voted into congress. it is a moot point. >> it is interesting to see what happens if that red wave comes about six days from now because this may be back on the table. it was an issue that was important with the last republican administration of the white house. >> this congress, democratic congress is not going to go after one of its best super picks right now. as far as the way they communicate with voters. >> did you just call tiktok a super fad? >> that may trend and that may get people talking. >> that obama is talking to that kid at the table, i want to make a good point here. he said he voted for john mccain in 2008, that's 14 years ago, you are telling me that k

did they get the fcc to stop? >> it's not clear.as going to do. they certainly preferred, and they actually indicated an a questionnaire that they sent around, but the super pac that was funded -- sent around to candidates sort of intimating that they would prefer that this regulation take place outside of the fcc is -- cfc see. they thought that was friendlier terrain for them. and so, it's unclear. a lot of the stuff is up in the air. that's why there are so many questions about the regulation of cryptocurrency generally. who is actually going to take the reins and be the regularity here? >> what a humiliation, ron. lawmakers saying, let's move this from the fcc to the baby version, this ef2 c. how on ice does this happen? okay, it's no surprise that every big company, every wealthy kirk person wants to try to get influence in washington. but to all of these lawmakers not have complete egg on their face? now this happened right under their nose and nobody smell them raw? >> well, they may have, stephanie. they conveniently tried t

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we have had one, one oversight hearing to have fcc, we usually have 12.countability. there's good signs on the horizon. democrat chair waters and mchenry sent a letter. i hope that we start to see long overdue accountability. >> commissioner, hi, newsweek. you know, i so appreciate your comments on tiktok. my question is, elon musk, right, owner and ceo of twitter currently, this is a man who is deeply connected to china, deeply connected to the chinese communist party. you know, his entire supply chain is in china. all the batteries for tesla are created there. he built a show room so this is a man who is very, very into bending the knee to china. i mean, isn't there a worry -- don't the same worries that apply to tiktok to some degree apply now to twitter as well? >> well, elon musk has taken out a pretty line that he's profree speech and prodiversity of opinions. there's a lot of people that are critical of him, the points that you raised there and that's why my position has been we should not simply rely on the hopefully benevolence of a billionaire a

. >>> fcc commissioner brendan carr says tiktok should be banned in the u.s.cial media company can't be trufrted to settle on a national security agreement with the federal government. cnn's tech reporter brian fung is here to give us more context. brian, what is behind the commissioner's statement? >> yeah, well, this all goes back to the bipartisan concerns about china, and whether china could force tiktok or its parent company bytedance to hand over data on u.s. citizens that use the app. you know, this claim, this call by mr. carr that tiktok should be banned from the u.s., you know, ties back to negotiation that tiktok has been having with the u.s. government over a possible deal that would allow tiktok to continue operating in the u.s. but in an interview today, carr told me that the more he reads about tiktok in public reporting, the less confident he is that tiktok will reach an agreement with the u.s. that will it won't try to try and get around or circumvent, somehow, which is why he's calling for an outright ban of the app now. it's important to poi

. >>> an fcc commissioner wants to ban tiktok, and get your tickets ready for one of the biggest lottery. history. dan lieberman has those stories and more in today's cbs "money watch" report. >> reporter: wall street closed lower tuesday as investors assessed better than expected economic data and prepared for another likely rate hike from the federal reserve. the dow was down 79. nasdaq lost 97. e mareg poinnouncingoints. what's expected to be another interest rate hike, its fourth in a row, intended to cool s for on. today, fed chair jerome powell could signal a shift to smaller rate increases. this would give officials more time to assess the impact of the hikes. >>> an fcc commissioner is calling on congress to ban tiktok over concerns that user data could end up in the hands of the chinese government. 105 commissioners of the fcc brendan carr believes a ban is the only path forward. he wrote letters to apple and google earlier this year asking them to remove tiktok from their app stores due to concerns about data harvesting. tiktok is owned by bite dance which is based in china. a

the fcc, the commissioner, the single commissioner, the fcc chair you respect him.at much to say. >> i'm not saying he doesn't have the power to do it. is he right? >> i think a lot of people would say he is right because it is so addictive rather than saying all our data has been siphoned back to china. the government is talking to tiktok. this commissioner is not part of those conversations. should there be concern about it of course. >> i'm concerned. am i being to paranoid? >> i think the concern is so vast, so wide. and so engrained to our lives that they can be paralyzed. i am someone who doesn't have tiktok but has used tiktok. goes on tiktok and knows that data can be used and might very well be in that. i know that when i get on instagram. it has become so engrained on how people get their information. it will be hard to undo that. >> the practicalities of tiktok. it is difficult to do. but, which one of these is not like the others? tiktok because it is owned by the ccp. and that offers a major potential not only for getting data information, american citi

the fcc does not regulate tiktok. but lawmakers do listen when fcc commissioners voice an opinion, tiktok says they support data privacy legislation that applies to all companies. andrew rhiannon. andrea. thank you coming up a former nfl coaches sentenced for do i also ahead the search for answers after the fatal shooting of a music superstar. you may not know his name, but millions adore his name, but millions adore his music peaceful state. full plate. wait, are you my blind date? dancing crew. trip for two. nail the final interview. buy or lease? masterpiece. inside joke. artichoke. game with doug. brand new mug. come here, kid. gimme a hug. the more you want to do, the more we want to do. boosters designed for covid-19 variants are now available. brought to you by pfizer & biontech. becoming a morning person starts the night before with new neuriva relax and sleep. it has l-theanine to help me relax from daily stress. plus, shoden ashwagandha for quality sleep. so i can wake up refreshed. neuriva: think bigger. da

why a commissioner at the fcc is calling for the u.s. >>> first, let's go to ginger in arkansas. >> reporter: amy, i'll tell you why i'm here in arkansas and with all the barges behind me. first we have to talk about the new storm dropping snow in the cascades. that storm will cause high winds from nevada through arizona into the rockies. not just high winds, but high precipitation. colorado could get 6 to 12 inches of snow. this thing will be moving east and creating severe weathers. a lot of texas, houston, austin and college station. let's get your local weather in 30 seconds. drew: i am through with your accuweather forecast. an isolated morning shower giving way to partly cloudy skies this afternoon. it is a chilly afternoon. mid-50's to lower 60's. overnight, a chilly of not cold night. widespread 30's and 40's under clear skies. here is the seven-day forecast trade we are tracking frosty mornings. bright skies in the afternoon. more wet weather coming this way. carmax is reimagining car buying for you. so you can buy online... or

look, the fcc, the commissioner, the single commissioner who's the fcc chair doesn't have that -- much that he doesn't have the power to do it, i'm saying is he right? >> i would -- i think that a lot of people would say, maybe he's right because it's so addictive rather than saying, all of our data is being siphoned back to china. the administration, the government is talking to tech talk about this, the fcc commissioner is not part of those conversations. but i think should there be concerned about it? of course. but there also be concern about the many other apps that we have on our phones. >> oh, i'm concerned. am i being too paranoid? >> no, i don't think are being too paranoid. i think actually the concern is so vast, so wide and so ingrained into our lives, that you can kind of be sort of paralyzing. i am someone who doesn't have tiktok but its use tiktok, goes on tiktok. and knows that that data can be used in might very well be in that be in the hands of other folks. i felt like that on instagram. i feel like i when i get on facebook. i know that on twitter. it is a real probl

he is of course one of five fcc commissioners.cc itself does not actually have any authority over tiktok currently in talks to determine if can or should be divested to a u.s.-based company tiktok got back to us with a statement saying, quote, commissioner carr has no role in the confidential discussions with the u.s. government, going on to say we are confident that we are on a path to reaching an agreement with the u.s. government that will satisfy all reasonable national security concerns a treasury spokesperson telling cnbc that its sippious division is devoted to taking actions to safeguard national security. melissa, they also note it doesn't comment on transactions, that it may or may not be reviewing. i want to point out shares of oracle were down today, down about 1.2% tiktok routes its u.s. traffic to oracle's cloud infrastructure back to you to you. >> do the midterms play into any of this in terms if republicans gained the house and/or the senate, if republicans could be tougher on china and so therefore a ban might be

so i asked him it in the context her nomination for that position at the fcc and he really came after my and was saying that i had unfairly these questions this outrageous why is she bringing this into it and how could she call, you know, the senator, -- from connecticut who was pushing for his nomination to the fcc who had no idea and wrote and wrote blumenthal's son was defending being the sandy hook not defending but working for the sandy hook families bringing this lawsuit in connecticut. what a tangled web. we we right. so here is the senator from connecticut who of immeasurable help to the sandy hook families after the shooting. his son is suing alex and he is pushing for nomination to the fcc of a woman whose husband was actually lee helping alex jones in this connecticut lawsuit. so this man no longer works at baker hostetler. i won't speculate as to why. but we did put in the paper not only that this was the relationship, but also that he tried to work contacts inside the new york times legal department to blunt mr.. about this fact. so that gives you an idea, alex jones is a

his wife, by the way, is jessica rosenworcel, who is now the head of the fcc. so he was under the radar trying to help alex jones. i asked him about it in the context of her, you know, for that position at the fcc. and he came after my bosses and was saying that i had unfairly asked these questions. this was outrageous. why is she bringing this into and how could she call, you know, the senator, -- blumenthal from connecticut, who was pushing for rosenworcel, his nomination to the fcc, who had no idea and wrote and blumenthal's son was defending the sandy hook, not defending but working for the sandy hook families, bringing this lawsuit in connecticut. so what a tangled web we weave, right? so here the senator from connecticut who was of immeasurable help, the sandy hook families after the shooting. his son is suing alex jones and he is pushing for the nomination to the fcc of a woman whose husband was actually helping jones in this connecticut. so this man no longer works at baker hostetler. i won't as to why. but we did put in the paper. not only that, this w

the read from a top republican fcc commissioner why the time is now after this. ♪.taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire it's walmart's black friday deals for days. every monday, huge deals will go live. join walmart+ and you can shop online 7 hours early! so the only question is... is it monday yet? that's walmart's black friday deals for days. ♪limu emu & doug♪ it's nice to unwind after a long week of telling people how liberty mutual customizes your car insurance so you only pay for what you need. showtime. whoo! i'm on fire tonight. (limu squawks) yes! limu, you're a natural. we're not counting that. only pay for what you need. ♪liberty. liberty. liberty. liberty.♪ can he stand on his own... once he's all on his own? this is financial security. and lincoln financial solutions will help you get there. as you plan, protect and retire. ♪ ♪ choosing miracle-ear was a great decision. like when i decided to

the answer from the fcc in august was you are cleared to do that. maybe it was an ironically what the dnc taking the portion of this rulemaking said absolutely we should not feel this pilot program is giving bad users of this email given what this material is listing. they have become a participant in this program. >> that brings us to the bigger question of the challenge of the internet, what stays up, what goes down, who is in charge. do i get to decide what i'm seeing. it does the algorithm continue to give me things. there is a lot of people doing things that are unhappy. moving beyond gmail, can we talk about the most recent supreme court taking up several cases? talk to us about --. >> there are two cases of the supreme court, we are expecting to hear them later this term. they both concern a problem that has been on people's radar for a long time. there has been litigation on similar areas before the supreme court. each case involves an instance where somebody was hurt or killed in a terrorist attack. commissioners are arguing the platform ha

the fcc cut off global you see to fit for failing to meet the sec's requirements to protect against robo calls but this is the first time the fcc has blocked a provider from the phone network. >> getting into the holiday spirit, by helping animals in need of a good home. how they are easing the burden on our overwhelmed animal rescues. >>> straightahead in sports, i will check into an open house here in oakland. sometimes a cough isn't just a cough so it's better to be prepared. keeping binaxnow handy makes it easy to test. and self test kits may be reimbursable with no copay through your health plan. with binaxnow, you'll have reliable results in 15 minutes with the self test that features the same technology doctors use. and detects multiple variants, including omicron ba.5 so you can always be prepared with binaxnow. the #1 covid-19 self test in the us >>> if you're not a fan of ice-skating, you can figure tropical approach to the holidays in downtown san jose. >> that's right, the city will celebrate the opening of the aloha downtown skate roller rink. it replaces the traditional dow

the fec -- fcc commissioner taking aim at tiktok. fcc commissioner calling on the u.s.curity concerns over china's involvement during an interview with axios saying there is not a world in which you can come up with significant protection on the data you could have sufficient confidence that it is not finding its way back into the hands of the chinese communist party. >> it could be anything from an email address to something as significant as a digital print of your face. that said, employees in china are capable of accessing the data and how before in the past and they have not committed to congress that they will not be doing that in the future. reporter: this as there have been allegations calling into question how tiktok handles u.s. user data. in june, buzzfeed reporting engineers in china using data to access information like phone numbers and birthdays. forbes reporting bite dance plan to use the app to monitors users locations. tiktok has more than 200 million downloads in the u.s.. >> they could use it to further target people for hacks, such as targeting and

the fcc commissioner brendan carr wants our country to ban tiktok.e app poses a national security risk. commissioner carr on the show next. ♪. [coughing] hi, susan. honey. yeah. i respect that. but that cough looks pretty bad. try this robitussin honey. the real honey you love, plus the powerful cough relief you need. mind if i root through your trash? robitussin. the only brand with real honeyand elderberry. - [narrator] if your business kept on employees through the pandemic, getrefunds.com can qualify you for a payroll tax refund of up to $26,000 per employee, even if you got ppp. and all it takes is eight minutes to find out. then we'll work with you to fill out your forms and submit the application. that easy. getrefunds.com has helped businesses like yours claim over $1 billion in payroll tax refunds. but it's only available for a limited time. go to getrefunds.com powered by innovation refunds. hi, i'm jason and i've lost 202 pounds on golo. so when i first started golo, i was expecting to lose around 40 pounds and then i just kept losing weig

the fcc can actually regulate tiktok directly. but the idea is gaining some bipartisan support in congress. still ahead of the problem morning news. >> as the midterm elections, it's closer. there is a ballot measure that could set term limits for some east bay. politicians will talk more about that. ♪music playing♪ ♪ ♪ ♪ ♪ nothing brings the pack together like a trip to great wolf lodge. now open in northern california. >> all right. well, the time for you now for 29 going on for 30, a wet start to the week seems like we still are going to see some moisture and not as bad a drive as yesterday, john, a little drier, but we certainly are going to see some showers today. yeah, the good news about today as we do have a pretty solid morning commute yesterday wasn't bad. most of the rainfall at least waited intel after the commute was done. but this morning, we do have some spotty showers out there looking at san francisco. nice and dry for you right now. we do have snow up in the sierra nevada still falling that direction. rain on the

the fcc has cut off a voice service provider for allegedly failingand agains.has now been disconnected from other networks. it's the first time a company has been penalized like this since the fcc mandated that all carriers at an anti robocall system that verifies callers coming up new research on what you should be eating to prevent memory loss in old age, also ahead, the gift of life, bringing two couples together for a transplant. like ♪ biofreeze, the number one clinician recommended menthol topical pain relief brand. works fast. lasts long. hey! it's me! your dry skin! i'm craving something we're missing. menthol topical pain relief brand. the ceramides in cerave.the my e so i c l we've got to have each other's backs... cerave. now the #1 dermatologist recommended skincare brand. my husband and i have never been more active. shingles doesn't care. i go to spin classes with my coworkers. good for you, shingles doesn't care. because no matter how healthy you feel, your risk of shingles sharply increases after age 50. but shingrix protects. proven over 90% ef

lawmakers do listen when fcc commissioner's express an opinion. tiktok has denied claims that china gathers the date of tiktok users and says it supports data privacy legislation that would apply to all companies. reggie: thank you. some outdoor parks in palo alto may be going away. restaurants have to get consent from neighboring businesses to keep them. some business owners said they are covering signage or blocking accessibility. palo alto city staff hope businesses can work things out among themselves without getting the city involved. one cafe owner does not think that is a good solution. she is also not happy about a possible fee. >> it will be detrimental to everybody. it will be detrimental to the business, it will be detrimental to the city that intends to collect rent on public property. reggie: san francisco is also changing its rules and just required new applications for parklets. the current pandemic error rules end in march. kumasi: this is a hearse unlike anything you've seen before. reggie: a bicycle hearse in france. they crafted

government will satisfy all national security concerns, yes. >> reporter: the fcc has no jurisdiction over tiktok the company is currently negotiating an agreement with the committee on foreign investment a council of multiple federal agencies that reviews some international business deals considering among other things whether those millions of videos and downloads may compromise national security. >> the questionhanging over tiktok whether it will survive at all, in its current form or current ownership. >> reporter: carr has expressed that the chinese government could use tiktok to gain access to passwords, phone numb ergs and locations. tiktok says the commissioner has no role in the confidential discussions with the u.s. government related to tiktok, adding they are working on an agreement with the u.s. government that will satisfy all reasonable national security concerns in further comments to nbc, the company said it's working to secure u.s. data through this new agreement, pointing it the company will have to have tighter security controls than the competition. for the news,

. >>> fcc commissioner says tiktok should be banned in the u.s.sonal data is being fed to china. hillary vaughn has the report from capitol hill next. ♪ finish tonight i'm gonna fight til we see the sunlight. ♪ tick tock on the clock, but the party don't stop, no ♪ is it possible the only thought that comes to mind is... ♪ finally? this is financial security. and lincoln financial solutions will help you get there. as you plan, protect and retire. ♪ what if there was a community of like minded people ready to support you when you need it most? christian health care ministries is an organization with over 40 years of trusted care who understands the importance of family. a group that sees you for who you are regardless of your health history. offering values-based affordable health care cost solutions for people just like you and me. learn more today at your chm.org about healthcare that puts you in control. some things are good to know. like, where to find the cheapest gas in town. and which supermarket gives you the most bang for your buck. somet

. ♪ emily: tiktok should be banned according to the fcc commissioner. common sense shares of meta rising as much as 4.1%, snap spiking as well. axios saying it is the strongest language used so far, and while the sec -- fcc has no authority, congress previously acted after he voiced concerns about chinese tech companies, telecom companies. bloomberg has learned tesla is sending workers from china to help with an expansion at a fremont, california factory. a move that could help the u.s. facility ramp up production. 200 people had to the fremont facility on -- at least three months. coming up, elon musk wants to quadruple the cost of twitter elusive surgeons, cut jobs and possibly bring back fine. all things twitter, next. this is bloomberg. ♪ and it's easier than ever to■ get your projects done right. inside, outside, big or small, angi helps you find the right so for whatever you need done. with angi, you can connect with and see ratings and reviews. just search or scroll to see upf on hundreds of projects. and when you book and pay throug you're cover

an fcc commissioner says the government should do that.to the way the company handles user data. tiktok is controlled by a chinese company called bit dance. the worry is that the data could be used to influence american voters. tiktok is currently exploring divesting the company to a company here in the u.s. the fcc can actually regulate tiktok directly, but the idea is gaining some bipartisan support in congress. santa clara county supervisor cindy chavez as san jose councilmember matt mahan are locked in a heated in costly competition. sam liccardo is >> termed out. so these candidates are hoping to be the next mayor of san jose and they have spent more than 8 and a half million dollars on their campaigns. mahan and chavez have collectively raised more than 2 million dollars since june to fuel their campaigns. that brings their total combined campaign contributions to little more than 4 million dollars since last december. the other half, 4.4 million was raised and spent by special interest groups just under 3 million went to polling att

ultimately, this is in the hands of cfius, not the fcc. >> and you wonder if there's also a macro impactined china/u.s. relations. julia boorstin, developing relations. i'm sure you'll see more let's get a cnbc news update with bertha coombs >> here's what's happening at this hour. about 75% of ransomware attacks reported to the treasury department late last year were connected to russian actors. for all of 2021, reported hacks cost nearly $1.2 billion nearly triple the previous year. the treasury dp says that it was also the target of an attack by a russian hacker group last month, but it caused little disruption spacex has launched its most powerful rocket for the first time in three years. foggy conditions couldn't stop the falcon heavy from blasting off from cape canaveral. this was the falcon heavy's fourth flight. it carried a number of satellites, including two classified payloads for the u.s. space force. >> and an extremely rare first edition copy of the u.s. constitution is hitting the auction block next month just 13 are known to have survived only 2 are in private hands, incl

there's a call to ban tiktok in the united states from the top fcc official commissioner brendan carr tells axios. he is concerned about china's government getting american user data. car reportedly wants the council on foreign investment in the u. s which looks at national security issues to take action. tiktok is in talks with the council to try to keep operating in the u. s also worth noting that earlier this summer car also sounded the alarm on twitter, saying that tiktok should be banned in the us, barring any significant changes have to see what happens. all right. here we go again a story for those interested in making a lot of money very quickly. you can do it tonight. just have to win. the powerball lottery says it's going to be worth at least $1.2 billion, taking the lump sum cap cash option. yeah but it only gets you rhiannon $597 million before taxes, not worth it. can you imagine? like i always say all you need is $2.01 dream to play. i guess i will. i keep saying that i haven't played it yet. i keep forgetting i'm gonna play. why not coming up the countdown to black pant

this against the backdrop of what we're looking at, the fcc banning huawei and zte telecom equipment from being sold in the u.s. we are seeing drastic declines, david. but just coming back a little bit, at least for the hang seng. david: just off the lows of the session. rentech of course we ar the first few minutes of the session of the week. we had unexpected -- we were coming off a manic november. still up 18% or 19% roughly. understandable that you are getting a pullback in risk assets, in growth expectations. this was not going to be a straight line all the way back up. commodity markets, everything from offshore commodities to onshore in china of course, oil is falling drastically, to .3% right now on brent. not just the currency space, you look at expectations here that this will be a very rocky path to reopening this economy. it is a 20 point plan, but it is also a very big country, and how he implemented that, on wesh 2 the compound level, how do you do that? equity futures, it looks like going into an week. pmi numbers also coming up jobs report. looking risk-off in the ope

ringback stay you fcc and his mom decides the mia go, it says he did it was i'm funny, cl, altogether down there. but a little he has formula cheerfully punishing my mom to reason equal or he can do more with them one year lease with people up i see will go on your family. it say shall or slice. so ideal says is so hot. ah, this is just part of the core to explore most of the time with the idea that about them last always. what do you see? what that was for? did you miss me or something additional soon? special mccoy didn't. this medical for a number guy wasn't, wasn't with possibly, if you could bring us with it. if it gives us time we lose some of the process. i'm not really only dealing with the new religion liquid dish. why didn't lose that? am i going to just, you know, care about that process and it's doesn't notices, or is it just for john reduced and that's really nice. thank you. miranda john. what was the soonest? you still need me to mention julia conveyance of english, but on the moon? little no. go. no i. yeah. william yes. sure. mm. mm mm mm. i lose lose . ah ah, there i

i can't imagine that his phone call to to to gary gensler to head the fcc. imagine that he didn't know that that wasn't in the back of gary gensler's mind, knowing that he gave so much money out there to his boss to to joe biden it. >> i don't know if it's criminal. it certainly seems criminal to take money from people's crypto wallets and appropriate to your own ends. and it certainly looks like you're buying insurance policies with all these donations to politicians. but one thing, it was as he lives in a brothel in the bahamas, i believe essentially having fun with his friends while running this crypto exchange is it shows the power of the fraud of virtue, signaling he duped a lot of people who were probably willing to be duped here. and i'm not talking about on the consumer end, those people are the victims, these politicians and venture capitalists. we're either willing or absolute rubes and getting i mean, it is just really amazing that no know now, just in their defense, apparently he did show the books to people. he did show the books. it's what was

x approving therefore coin base cracking them to come to the table and get fcc approval.nds. charles: we don't know. it looked like based on what i am hearing is joint venture between ftx and i.e. x, was ironically that he was going to get his hands on quickly until the ftx part of this imploded. i've not heard the rest of it. i tell you, i have known andrew for years, he is a friend of mine but he's not going to let him go. cheryl: what lawyer thought this was a good plan. charles: it was -- to tell him not to do it. cheryl: we will be right back. ♪ what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq we all have a purpose in life - a “why.” no matter your purpose, at pnc private bank we will work with you every step of the way to help you achieve it. so let us focus on the how. . . cheryl: markets rise to session highs on jerome powell's comments. he is saying the time for moderating

this would be pretty dramatic action which is going forward, fcc would not approve other devices andces will be sold in the united states. maria: we will wait for that and watch the ftc and more coordinated supply chain security strategy. we are way to reliant on stuff being made in china, aren't we? >> absolutely. i think we need to find a way to be able to develop some of this stuff here at home. some of the interesting findings that we found is that the problem is that a lot of the sort of ccc bad state actors are able to dramatically subsidize the price of this technology and i think a great technology is a very simple dome camera, surveillance camera you see all over the place. the u.s. competitor to that is roughly doubled the price, so it's a real challenge especially for the state and local bodies in order when they are sort of price constraints themselves or trying to do low-bid offers end of taking the unfortunately the chinese tax. so there's a lot of room for us to kind of be able to build the technology here at home but i think the first thing that we definitely need to

in the discussions with the government and tiktok and expressings views independence of his role as fcc commissioner. we are confident we are reaching an agreement that will satisfy all national security concerns. and the tiktok spokesperson makes the point if they have do reach the national security agreement, they are going to be held to a significantly higher standard than some of their competitors. other social media apps that are not engaging in this national security agreement. sandra. >> sandra: thank you, john. >> john: sandra, fox news alert, police in newark, new jersey have arrested the suspect in tuesday's shooting of two police officers after a day long manhunt. part of the city was in lockdown more than 12 hours, they failed to find 30-year-old kendall howard, armed and dangerous. two officers who were shot remain hospitalized. >> sandra: crisis at the border showing no signs of slowing down as our fox news drone team witnessed two massive groups of migrants crossing just minutes apart. this happened this morning. we are live at the border in moments. >> john: expensive wi

talking about health tech not long ago good stuff busy later. >>> news out from the fcc.gency filed 760 total enforcement actions in fisk's '22. up 9% from the prior year and recovered a record $6.4 billion on behalf of investors, those from a recent annual report covering a wide variety of situations from late filing of documents to civil actions s.e.c. gave out a total of 229 million in whistle-blower awards that is a record high. de >> meanwhile, carl, nasdaq strong session up 2.5% saying chinese names lead the chart once again we're back in two. we planned well for retirement, but i wish we had more cash. you think those two have any idea? that they can sell their life insurance policy for cash? so they're basically sitting on a goldmine? i don't think they have a clue. that's crazy! well, not everyone knows coventry's helped thousands of people sell their policies for cash. even term policies. i can't believe they're just sitting up there! sitting on all this cash. if you own a life insurance policy of $100,000 or more, you can sell all or part of it to coventry. eve

why didn't he raise any eyebrows at the fcc buying this stuff.e secret sauce that allowed him to make so much money when the whole crypto universe is getting toasted. steve: two charliens point so much money crypto world last couple of years, it is so lightly regulated, you know, there has been some suggestion that what he was doing trying to curry favor with the people that would write the regulations. but, here they are. all those people who put all that money in it, a lot of people actually owe taxes because they made money. realized capital gains on it and now the money is gone. >> unbelievable to me. >> ainsley: unable to pull their money out how do you pay taxes. >> steve: they took capital gains but ultimately the money is gone. >> brian: dming with a reporter. flip-flops on hanging out with bad shorts. i don't think it sunk in is he broke and destroyed some lives. >> ainsley: the vioxx reporter said he talked to him and interviewed him in the past. writes him on instagram and dms him and writes back. for an hour they were exchanging dms y

adonis hoffman a former legal advisor and chairman to the staff of the fcc.hy should the united states ban it? >> good morning, boris. thanks for having me. we have to keep this in context. right now there is a raging debate in congress, both houses of congress, as to how to regulate big tech companies like facebook, amazon, google, twitter, et cetera, and so those are u.s. companies with great capacity. so think about it. we're talking about regulating american companies and yet the notion of regulating a company owned by -- a chinese company which has strong ties to the chinese government is maybe not on the table. and i think that we've got to look at this as an external existential threat in terms of cyber, state-sponsored cybersecurity, state-sponsored cyber warfare. and that's really the context in which we are operating today. >> do you have any evidence or indication that the chinese communist party has gathered americans' data via tiktok, used it as some kind of a back door? >> well, i think the evidence is certainly circumstantial and there are thos

tracking some developments tied to one of the fcc commissioner's who gave an interview to axios wheree suggested the idea of a tiktok ban in the u.s. beyond technology, we watch earnings and outlook story. pfizer, a name close to 3%, after some encouraging news attributed to that company with covid vaccine news. kriti: is inflation going to stick around? president biden in the meantime morning oil firms he will seek a tax on windfall profits. he is getting pushback from oil executives. the former bp ceo spoke with us earlier. he was critical of the potential move. >> it is clearly political rhetoric aiming at november 8 with the midterm elections, harsh rhetoric for an oil and gas industry who is probably producing flat out in oil fields and refineries. taking that money and capital, the ceo of exxon reminded that it goes back into dividends, pension funds, but the rhetoric is quite divisive and unhelpful. >> one could say the dividend in your 401(k), but big oil will use that narrative. windfall tax, we will not invest, we will delay our capex. you have run bp. how constrained can ca

fcc commissioner brendan carr saying the only option is an outright ban.e on this. what are we hearing? >> good morning, bill. carr has significant security concerns over tiktok as they are going under a national security review by u.s. officials who are deciding if tiktok could be difshsed from its parent company bytedance to an american company to continue operating in the u.s. he isn't sold on the idea telling axios i don't believe there is a path forward for anything other than a ban. a world that you could come up with sufficient protection on the data that you could have sufficient confidence it is not finding its way back into the hands of the chinese communist party. a tiktok spokesperson is disputing carr's comments saying they have protections for u.s. user data and vetting for content moderation system saying commissioner carr has no role in the discussions with the u.s. government related to tiktok and appears to be expressing views independent of his role as an fcc commissioner. we're confident we're on a path for reaching the agreement with t

lawmakers do listen when fcc commissioner's express an opinion.iktok has denied claims that china gathers the date of tiktok users and says it supports data privacy legislation that would apply to all companies. reggie: thank you. from tiktok to torture, a lot of changes over -- tiktok to twitter, a lot of changes since elon musk took over the company. at least five talk executives left in recent days. musk fired 4 others immediately after he took over. a new study shows an increase in hate speech on the platform in the 12 hours after musk acquired the platform. yesterday, elon musk said he would make verification eight dollars a month. those blue checkmarks are free but you have to prove who you are to get one. san francisco public school teachers will hold another protest over payroll issues. the issues started in january. many educators say they are fed up with waiting for their money and some are even quitting. some say it has deterred new people from applying to work and it's been distracting them from their work with students. teachers plan

the reason why they are both popping, we are following an interview in axios with an fcc commissioneraid now, and told ax yoes in an interview that the counsel on foreign investment in the u.s., or cifiis should take action to ban tiktok in the united states. you have an fcc commissioner telling axios cifius should look to ban tiktok in the u.s for that reason, you see snap and meta with u.s.-based operations spiking on that news. so, again, the roeason why is this is just a reaction to this axios interview. but a big deal that's the reason why those stocks are on the move it's time now for final trades about a minute left. brynn, we'll talk to you first about what your final trade is >> hph i like this etf. a lot of sector etfs have one or two names that make up 40 to 50%. you get eli lilly, merck, et cetera, et cetera. great pharmaceutical defensive in growth. >> liz, how about you? >> i can't use financials for the third time in a row, i so chose the s&p equal weight forces you into some of the underowned sectors and names that are actually protecting better on the downside and doi

the fcc, the federal communications commission, has no such rules for political ads, and there's nothingut it, by law, stations that broadcast over the public airwaves, cannot alter any ad from the candidate. in 972, atlanta tv stations were not allowed to reject this hateful tv ad from a white supremacist running for the senate. >> i am j. b. stoner, i'm the only candidate for united states senator who is for the white people. >> -- cut that off, there because he went on to use and n-word several times. the fcc rollback, then a local tv stations had to err that ad for the candidate, and that same rule applies today. bipartisan federal legislation to crack down on demonstrable falsehoods, that's gone nowhere, because look: who gets to decide what's a lie? and what's not? given how fast and loose so many politicians are -- so for the next week, and the foreseeable future, you can have more faith in a chia pet commercial than what a political campaign says and its ads. that's ads, when it comes to robocalls, as we head into the stretch of the midterm election, wait until you here with some

i want to providing a bigger one went to to come of the bombshell court filing from last night, the fcc bahamas are sharing that they were the former founder to transfer some of the companies were many assets to the government for safekeeping and something that the u.s. ftx arms calling authorized and hacked and sam freedman shared with a reporter be at 200 dm's quote we can fix all of this and we can win a jurisdictional battle versus delaware so is really setting up his jurisdiction fight over these bankruptcy cases will take place in one is filed in new york, which would have the bahama regulators focusing on and the other is filed in delaware which would put the u.s. creditors at the forefront and so is important for not only who will get paid but also in what order so lots of things are happening liz, is when be hearing on the next tuesday which will be fully. elizabeth: thank you so much and good to see you as on the show former investment banker wall street probe, carol and is great here by the way and it's good to see you. >> it is friday hair. elizabeth: we have new video surfa

commissioner at the fcc is calling on congress to ban tiktok senior republican brendan carr who sitscommission, says this move is needed because of the way the company handles user data tiktok is controlled by the chinese company byte dance and intelligence officials worry the data could be used to influence american voters. but tiktok says it stores us user data outside of china. so it would not have to turn over that information to the chinese government. shares of meta and snap spiked on the news of today's announcement. a pharmacy giant cvs and walgreens have agreed to a nearly 10 billion dollars settlement over the opioid crisis. those settlements were announced today. both chains will distribute the money to state and local governments and native american tribes. this is the first nationwide deal reached with retail pharmacy companies accused of ignoring red flags. that prescriptions were being diverted into illegal trafficking. neither cbs nor walgreens is admitting to wrongdoing. both companies say they've launched educational programs and installed safe disposal units for dr

equal time, fairness of broadcasting. >> in the 19 80s, the fcc began to feel pressure from broadcasters was an infringement on their rights. they were being forced to say things that they did not want to say. congress attempted to codify fairness doctrine with a law. that was defeated by ronald reagan. >> today, we reaffirm our faith in the american people. our faith in their ability to distinguish between fact and fiction without any help from government. >> without the fairness doctrine, television and radio and simply decide that they're not going to report any controversial issue of public importance of their choice or they can decide that they will only report one side of it. >> you have a complete erosion of accountability around the facts. >> this is a great day for all rich races, liars, antisemites, ideologues, extremists. >> suddenly, a coyote like limbaugh could flourish. >> new york city, my next, paul thank, you you're on the line. >> the russian limbaugh was a right-wing talk show that premiered in 1980 and became the highest rated talk show in the united states. >> if you