former federal reserve chair janet yellen has been nominated as the next u.s. treasury secretary, president elect joe biden's. chances choices for his economic team make it the most diverse in white house history. and the c.e.o. piece. prime minister says his forces have not killed a single civilian during the conflict in t. . great. it has been urged to engage in constructive dialogue with to great leaders during a phone call with the u.s. secretary of state. turkey is going to impose full coronavirus lockdowns on the weekends and then 4 enforce curfews on weekdays. as the country has experienced the week of record increases in new cases and deaths. the turkish medical association warns hospitals have reached capacity with new 30000 cases every day. and could impose nationwide, we can curfews in mid november restrictions, the opposition says, turned out to be insufficient. 8 prisoners in a straight line can jail have died after guards opened fire to stop a riot over a rise in corona virus infections. and that the 71 inmates and 2 guards were injured at the fac

former federal reserve chair janet yellen has been nominated as the next u.s. treasury secretary, president elect joe biden's choices for his economic team, make it the most diverse in white house history. and ethiopia's prime minister says his forces have not killed a single severely enduring the conflict in te grey was urged to engage in constructive dialogue with the gray and leaders during a phone call with the u.s. secretary of state prisoners in a straight line can jail have died after guards opened fire to stop a riot over a rise in corona virus infections. another $71.00 inmates and 2 guards were injured at the facility on the outskirts of colombo unrest in sri lanka's overcrowded prisons as being fuelled by the pandemic. inmates at several prisons have staged protests in recent weeks after more than $1200.00 prisoners and guards tested positive for the virus across the country. well, turkey is going to impose full coronavirus lockdowns on the weekends and then force curfews on weekdays, its daily death toll hit a record high for an 8 consecutive day on

this as team biden pushes forward with its own cabinet picks, and among the big names, former federal reserve chairet yellen to treasury tracie potts is joining us now with more on a pick that the market seems to love >> reporter: absolutely because she's seen as sort of not too hard, not too soft, but right there in the middle when it comes to dealing with wall street and the banking industry, liked by both conservatives and progressives as well so we expect to get that announcement along with others later today. president trump though saying that he is not completely giving up, not conceding even though his administration's giving the transition the green light, the pentagon saying that they are already reaching out to the biden/harris team to coordinate. ascertainment, determining an apparent presidential winner, opens the door to more than $7 million in government funds for the biden transition and allows them he to coordinate with the federal government general services director emily murphy insists that her delayed decision was not political and while president trump said for the first time h

former federal reserve chair janet yellen has been nominated as the next u.s. treasury secretary, president elect joe biden. stroy says for his economic team to make it the most diverse and white house history. and ethiopia's prime minister says this forces haven't killed a single civilian during the conflict integrate. it was urged to engage in constructive dialogue with the great leaders during a phone call with the u.s. secretary of state. a senior iranian security official has accused israel of using remote controlled weapons to kill its top nuclear scientist, mo sena factories at this died in hospital on friday after his car was ambushed at his funeral. iran's security chief, also blamed on the rainy an opposition group. unfortunately, this was a very complicated assassination. it was carried out remotely with electronic devices and no one was present at the scene. but there are some clues we realize the person who proudly sesame. of course, the national council of resistance regrown have a large part. and of course, the criminal part of this incident is d

key cabinet positions are filling up very rapidly tonight as biden taps former federal reserve chairto serve as the first female secretary of the treasury. among the other historic choices are the first woman to lead the intelligence community, the first latino to head the department of homeland security and

i expect that we are a former federal reserve chair, janet yellen is to serve as treasury secretary, she's trusted in the financial world. and if confirmed, she would be the 1st woman to take over. this pivotal role with optimism about new coronavirus vaccine spreading and political uncertainty, seemingly diminishing. the dow surged past 30000 points for the very 1st time on tuesday. so i think people like the cabinet post we're seeing from biden, they like the idea that this sort of long period of uncertainty about how much difficulty weak see and outgoing trump administration make. i think people like that that's over i think people like janet yellen as an idea for a new treasury secretary, she's a known quantity, was pretty able set of hands and a tough moment for everybody. president trump quickly claimed the latest market rally as the fruit of his own administration's work. but the markets seem to be banking on the current u.s. leader, being on his way out of the office. you're watching news live from berlin, stay tuned for adult film plagues. and pestilence, how pandemics chang

from our federal reserve chair, janet yellen says to serve as treasury secretary, if confirmed she would be the 1st woman to take over this pivotal role and would face the difficult task of shaping u.s. economic policies. at a time when the country is facing both a pandemic and recession biden also named avril haynes as the 1st woman to become director of national intelligence. a question is whether this was a wise action and a $100.00 majorca, as the 1st latino to have the department of homeland security. biden appears to be making good on his campaign promise that his cabinet will reflect america's diversity. linda thomas greenfield was appointed to the helm of the u.s. mission to the united nations. but many of biden's cabinet picks will require confirmation in the senate where republicans still hold a narrow majority. for now, at least with the transition process officially underway, some of the uncertainty and turbulence of the past weeks seems to be settling down . all right, joining me now to delve a little deeper. is peter paul of down. hi peter. thanks for coming in and sent thi

reason to doubt what they are saying at this time that president-elect biden will nominate the federal reserve chair janet yellen she has blazed trails. she was the first female federal reserve chair. now she will be the first female treasury seth. or nominated to the treasury secretary. formerly with the -- she was the chair at the council of economic advisers she has a little bit of the political experience the question is whether or not that is herren have. her strength is economics, monetary policy. whether or not she's -- she has certainly been bested i want to say by the current fed chair, jay powell, when it comes and to politicking and dealing with congress and getting congress on your side. i am not sure janet yellen was the best at that in that position this. job as treasury secretary will demand more of her in that regard you will also remember, wilf back when she was the fed chair in 2014 she followed ben bett bernanke of elevating the issue of inequality that the federal reserve was following. she was criticized by some republicans in congress for making that a federal reserve issue. bu

biden has nominated former federal reserve chair janet yellen to the post of treasury secretary. and while the other yaml who will be the 1st black deputy treasury secretary, the u.s. secretary of state has urged ethiopia's prime minister to bring a complete end to fighting in the northern t great region. in a phone call by compare urged to hold a constructive dialogue with the to grey and to resolve the crisis. earlier, i view told ethiopia's parliament that government forces have not killed a single civilian during the conflict. and he insists that the army will not destroy the regional capital mechelle a, but the tikrit people's liberation front says it's still fighting government soldiers near the city. that another important target with the most important, every target has been signed and approved. the house can see that every missile launched is backed by a signature of authority. 99 percent of them hit their targets and 99 percent of them didn't have collateral. no country's army can shield this kind of performance . our army is disciplined and victorious. you will destroy

federal reserve chair calls it a key risk. dashing hopes that a vaccine could provide a quick fix, things will likely be changed forever. >> after the unemployment rate goes down and there's vaccine, there will be probably a substantial group of workers that are going to need support as they find their way in the post-pandemic economy because it's going to be different in some fundamental ways. >> a senior fellow at the drake school of management. >> jobless claims were down for the fourth straight week and there's a vaccine in sight, but before we get to either, plenty of alarm bells. the federal reserve chair rang some of them, we're going to go back to a different economy, how worried should we be even with a vaccine the economy as we knew it may never be the same? >> it won't be the same. pre-covid, we knew that economy was going to evolve with technology. we were just talking about it with the pandemic, has allowed a spot light on what's going to be in the future and the way society has moved it's clear that the way that

former federal reserve chair janet yellen who would be the first woman to serve as treasury secretary. cecelia rouse a princeton economist and veteran of the clinton and obama administration as the first woman of color to lead the council of economic advisers and neera tanden the first woman of of color and south asian to run the office of management and budget. press secretary jen psaki, and sim own sanders among the women leading the team. >> hi everyone. >> psaki a veteran of the obama administration is already overseeing confirmation of biden's nominees in the senate which is for now controlled by republicans. >> we don't need a fabricated crisis in the senate and i don't think the american people are going to tolerate that if there is a refusal to move forward with qualified nominees. >> reporter: one early criticism from some progressives and conservatives is tanden who has run the center for american progress a left leaning think tank. as a top aide to hillary clinton she tangled with bernie sanders in 2016 and has blasted many republicans. the spokesman for senator john cornyn

she was federal reserve chair under obama from 2014 to 2018.of clinton's -- actually, clinton's chief economic policy adviser back in 1997 through 1999. and for women, they will have someone advocating for them at a time when they need it the most. we know she is passionate about helping women and equality because this is something she spoke about very publicly as federal reserve chair back in 2015. she was actually in front of congress testifying in front of the hill, and she took some heat from republican lawmakers back then, specifically mick mulvaney, one of trump's former white house chiefs of staff, a republican lawmaker back then and he criticized her for talking about inequality and sticking her nose where it didn't belong. now it's different we have powell who's a current fed chair speaking about issues of inequality all the time he speaks. >> i remember that moment so well. so appropriate to bring up now in this moment. to deal with the inequality exacerbated by the pandemic, how can she get more done with mitch mcconnell on stimulus

the treasury secretary against federal reserve chair.ill this play out >> what is interesting is that they work closely together for much of this crisis, and now the fed and the treasury publicly, and i've never seen this before, parting ways yesterday with a surprise decision by steve mnuchin not to extend several of the fed's emergency lending programs so as a result, programs that backed up the muni and corporate bond market and also loans to medium sized businesses, they used funds from the c.a.r.e.s. ability and they will now expire at the end of december and in practice, they will probably close done before that since the fed needs time to wind them down. mnuchin in a letter to powell said i am requesting that the federal reserve return the unused funds to the treasury so the $429 billion that the fed now has to give back would have backed up more than $4 trillion of loans into the economy. the fed in a rare public rebuke of the treasury responded, quote, the federal reserve would prefer that the full suite of emergency facilities

>> tuesday, treasury secretary steven mnuchin and federal reserve chair jerome powell testify before the senate banking committee. they will provide an update on emergency measures to provide relief from the economic downturn triggered by the coronavirus pandemic. watch live coverage tuesday on c-span. listen live wherever you are on the c-span radio app. >> president-elect haydn, the formal transition to his administration began on monday this week, they president-elect saying his team had spoken with you. said his team had spoken with you. who did you talk with specifically on his team and when will you meet with him directly? base with theed chief of staff, ron klain. we do not talk about the nuts and bolts. obviously, soon we will be getting the transition team and the task force to give them the information that would make their assuming the responsibilities easier and more efficient. serveif asked, which you on a biden administration coronavirus task force? guest: of course. host: what are you anticipating from the biden administration, specifically on the idea of testing and t

ever presidential envoy on climate change john kerry and biden is expected to nominate former federal reserve chair janet yellen as the first woman to be secretary of the treasury in washington, alexandra le mon political observers are watching biden's cabinet picks for you no signs of the direction is his ministration is going to take what can we learn our catherine heenan host of inside bay area politics is here with more on that. hi catherine high vicki and grant yeah well we're seeing that the president elect is really going for diversity and a lot of experience. he has promised his cabinet will look like america. i asked political analyst michael yaki for his thoughts on how. >>biden is doing on that. >>he's done a pretty good job and when you look at when you look at it was put in there and the fact that you have the first warming director of the national intelligence when you have janet yellen the former fed chair as the search or the treasury, the first woman to have that up you've all 100 majorca at dhs this is a good national security which is not only by diversity and balance and looking

treasury secretary, cbs news is learned one of the top contenders is federal reserve board governor brainerd. is also former federal reserve chair, janet yellen. >>> some republicans are expressing frustration. the presidents efforts to change the election outcome are making the u.s. look like a banana republic. those are his words, the president fired back at him saying, this republican in name only will never make the grade. hogan replied, stop golfing and concede. governor hogan is not the only republican speaking out. former new jersey governor chris christie who normally is an ally of president trump ripped into his legal team. >> the presidents legal team has been a national embarrassment. >> reporter: in pennsylvania federal judge rejected the presidents election lawsuit comparing it to frankenstein's monster. haphazardly stitched together. and sylvania republican senator pat toomey described the judge as a longtime conservative republican and congratulated resident elect joe biden. >>> canceling your thanksgiving plans. coming up, we have a look at how you can make the most of your holiday week here. >>> remembering the

. >>> and the federal reserve chair jerome powell has expressed concern over the impact of the surge in coronavirus infections on the u.s. economy. he said the next few months may be very challenging. >> theoncern is that peoe will lose confidence in efforts to control the pandemic and they'll pull back from activities they think might put them at risk of infection and there's some signs of that already. >> powell made the comments on tuesday during an online event organized by a business group. he pointed out more than a dozen states are now imposing restrictions on economic activity. the chair said it's difficult to tell when expectations over the development of a vaccine will translate into a positive impact on the economy. powell said recent signs from the vaccine trials were good news. >>> it comes awe maid falling demand due to covid-19. kawasa kawasaki's new assistant has various instruments and a camera. the arms can be operated like human fencingers. the robot was developed with the medical device maker. the health ministry says it's the first maker to win government approva

according to the united food and commercial workers union will joe biden has chosen former federal reserve chairjanet yellen as treasury secretary now if confirmed by the senate she would be the first woman to lead the treasury department she was the first woman to serve as the federal reserve chair and was president of the san francisco federal reserve from 2004 to 2011 well a sealed copy of nintendo's super mario brothers 3 has become the most expensive video game ever sold going for a $156,000 at auction. the sale was handled by heritage auctions and it broke the previous record which was set by super mario brothers, original nestle 414,000 earlier this year. well, a new apple will ship to grocery stores this week is called the cosmic crisp it was created at washington state university through cross breeding technology just a cross between a honey crisp and enterprise apple varieties live from new york, i'm jane king, thank you crisp, i love those, but they're so big i can everybody the whole thing. >>to be like the honey crisp sandy hook it to >>7.22 still ahead for the first time in san fra

. >>> stocks close higher after president-elect biden chose former federal reserve chair janet yellen to serve as treasury secretary. the dow getting 327 points, nasdaq of 25, s&p up 20. >>> san francisco's district attorney sending a message to police. he is charging a former officer for the shooting death of an unarmed suspect. joe vazquez is on the case of the das office is calling historic. >> reporter: they made the announcement this morning that a former police officer will now face criminal charges for shooting a man in the line of duty. >> as far as we are aware, this is the first ever time for san francisco's district attorney's office has filed homicide charges against a law enforcement officer for a homicide while on duty. >> reporter: the officer, chris samayoa. officer was in the front passenger seat of a patrol car. like him a video shows firing to the window, shattering the class and fatally wounding he was medially fire pick another years later the da is charging the officer with several crimes including voluntary manslaughter. involuntary manslaughter, assault by an e

. >> federal reserve chair jerome powell said to bankers, we are not going back to the same economy. >> the economy will not fully recover until people are confident that it is safe to resume activities including crowds of people within the nation's employers have added almost 3 million jobs in the last three months but restaurant owners are struggling. one in six, about 100,000 restaurants are now closed permanently. sean kennedy from the national restaurant association says business owners are surviving week-to-week. >> too many are going to say it's done. they've had it and they will have to give the keys back to the bank. >> but the housing market is booming. in maine, people who sell homes are seeing more buyers than listings. but that is not helping the long-term unemployed. over 3.5 million americans still out of work have been unemployed for more than suks months now. it's even higher for people of color. many of them struggling to mawk ends meet. this thr is trouble ahead and no help from washington. federal programs which provide aid to people who need it are set to expire

a former uc berkeley professor and federal reserve chair is expected to be nominated for treasure secretary. >> one who believes in stimulating the economy. as treasure secretary you would believe she would be in favor of large stimulus packages. >> reporter: yellen is among diverse group of nominees that include women, african-american, latino nominees and former members of the barack obama administration. president-elect biden is expected to hold a news conference tomorrow, julie, to discus come of his cabinet picks. >> all right, we will be following. thank you. >>> president-elect joe biden found a friend with bay area based facebook. the company is promoting causes important to biden including climate change and covid-19 vaccination. it also cites company insiders saying facebook is planning crack down on misinformation and put up a banner encouraging users to get vaccinated once a vaccine is approved. >>> senator dianne feinstein says she is going to step down as the ranking democrat on the senate judiciary committee. she did not give a reason why but she faced criticism for praising

former federal reserve chair janet yellen is to service treasury secretary policy, if confirmed she wouldbe the 1st woman to take over this pivotal role and would face a difficult task of shaping u.s. economic policies at a time when the country is facing a pandemic. and the ensuing recession for the area biden appears to be making good on his campaign promise that his cabinet will reflect america's diversity. with his picks for the u.s. ambassador to the united nations and the department of homeland security. but confirmation in the senate where republicans still hold a narrow majority for now at least, but the transition process officially underway. some of the uncertainty and turbulence of the past weeks seems to be settling down when i find out what some of the other stories making headlines this hour in turkish court has resumed a trial in absentia of 20, saudi officials accused of murdering dissidents. saudi journalist, jamal khashoggi, the vocal critic of saudi arabia's crown prince was last seen entering the saudi consulate in istanbul, back in 2018. riyadh denies involvement, cla

he chose former federal reserve chair janet yellen to serve as treasury secretary. >>> big changes cominghill, california sen. dianne feinstein says she will step down from her role as the top democrats on the senate judiciary committee. 87-year-old senator says she wants to shift her focus to california issues, like wildfire and drought. she is giving up the powerful position after public criticism during the confirmation hearings for supreme court justices amy coney barrett, and brett cavanaugh. and right now, and unmanned, or rather, a chinese spacecraft is on its way to the moon. the mission? collecting rocks pick of the goal is to collect roughly 5 pounds of lunar material. only the u.s. and russia have successfully brought back moon rocks, and that was decades ago. >>> coming up next, the purple tear curfew about to start up again. in just a few hours, how some local police agencies are dealing with enforcement. >> a lot of people don't like it, it a lot of people are not doing it. >>> how apple is responding tonight after one of its executives is invited in a scandal. also rocking

i expect that with great former federal reserve chair janet yellen is the service treasury secretary, she's trusted in the financial world. and if confirmed, she would be the 1st woman to take over. this pivotal role with optimism about new coronavirus vaccine spreading and political uncertainty, seemingly diminishing. the dow surged past 30000 points for the very 1st time on tuesday. so i think people like the cabinet posts we're seeing from biden, they like the idea that this sort of wong period of uncertainty about how much difficulty weak see and outgoing tromping ministration make. i think people like that that's over i think people like janet yellen as an idea for a new treasury secretary, she's a known quantity, was pretty able set of hands and a tough moment for everybody. president trump quickly claimed the latest market rally as the fruit of his own administration's work. but the markets seem to be banking on the current u.s. leader, being on his way out of office. and here are the other stories making headlines this hour. hong kong's chief executive has defended a crackdown

i expect that would grant, former federal reserve chair janet yellen, is to serve as treasury secretary, she's trusted in the financial world. and if confirmed, she would be the 1st woman to take over. this pivotal role with optimism about new coronavirus vaccine spreading and political uncertainty, seemingly diminishing. the dow surged past 30000 points for the very 1st time on tuesday. so i think people like the cabinet post we're seeing from biden, they like the idea that this sort of long period of uncertainty about how much difficulty weak see and outgoing tromping ministration make. i think people like that that's over i think people like janet yellen as an idea for a new treasury secretary, she's a known quantity, was pretty able set of hands and a tough moment for everybody. president trump quickly claimed the latest market rally as the fruit of his own administration's work. but the markets seem to be banking on the current u.s. leader, being on his way out of office. and there's a look now at some other stories making headlines. hong kong's chief executive has defended a crack

media is also reporting biden is expected to appoint former federal reserve chair janet yellen to serve as treasury secretary. that would make her the first female to hold that position. >>> israeli media have reported benne benjamin netanyahu secretly met with the krouns prince of saudi arabia. media outlaws quoted an official saying netanyahu and an intelligence agency met crown prince msnohammed bin salman on sunday one israeli cabinet ministry made comments suggesting the meeting took place. saudi arabia's foreign minister denied the reports in a tweet, saying the only officials present were american and saudi. israel has been working to improve ties with arab nations. it struck deals this year with the united arab emirates to in israe and sdi arabi have long bn at odd or the iss of palestinian. notstablishipmatic ts l th iael uilhe lestinns achie statehood >>peoplen south rea have commemorated ten years since the north korean military bombarded the island and set off a crisis. memorial events were held across south korea on monday. at the national cemetery, government officials and

former federal reserve chair janet yellen is rumored to be the front-runner for treasury secretary if approved by the senate. she would be the first woman to run the department. >>> severe storms rolled through north texas overnight packing torrential rain and destructive winds. check out the damage in arlington. tornado warnings were issued in several counties including dallas, tarrant and denton. there was no confirmation if a twister touched down in the area. but storm sirens were heard blaring in the affected counties. no deaths or injuries were reported. >>> three, two, one, zero. ignition. liftoff. >> well, it's liftoff again for spacex. the company fired off a falcon 9 rocket from cape canaveral florida last night. marking the 100th launch. it sent another set of 60 satellites into orbit. the mission set a record for spacex rocket reuse program. for the first time, a reusable falcon nine booster completed the seventh trip to space and back. >> coming up on the cbs morning news, caught an video, a little boy hanging from a window of a high-rise. how he got there. >>> and move ov

i expect that we are a former federal reserve chair. janet yellen is the service treasury secretary. she's trusted in the financial world, and different firms. she would be the 1st woman to take over this pivotal role with optimism about new coronavirus vaccine spreading and political uncertainty, seemingly diminishing. the dow surged past 30000 points for the very 1st time on tuesday. so i think people like the cabinet post we're seeing from biden, they like the idea that the sort of one period of uncertainty about how much difficulty weeks see and outgoing tromping ministration make. i think people like that that's over i think people like janet yellen as an idea for a new treasury secretary, she's a known quantity, was pretty able set of hands and a tough moment for everybody. president trump quickly claimed the latest market rally as the fruit of his own administration's work. but the markets seem to be banking on the current u.s. leader, being on his way out. next, the un is calling at these shadow pandemic, a global increase in vi

the former federal reserve chair is a professor ameritas at berkeley. >>> bad news for beer lovers tonight, no pliny the younger this year. i hate that. usually draws crowds like this, but given the pandemic, rush river brewing company is pushing off the february release. but there is some hope. the brewery plans to sell a very limited number of bottles online some time around the end of january. and the next sound you hear is paul crying. >> i wanted to try it. >> yeah. >> yeah. >> russian river makes some good stuff, i'm sure. >> this is one of my favorite times a year for that kind of stuff, christmas beers, winter ales. if anybody out there has suggestion that is are local, hit me up on social media. use those platforms for some good. >> there you go. >>> let's take a look -- we'll also share weather information too. rain chances miss us. that's not such good news. over the next couple days, the pacific northwest, they're going to get more rain, but that system is going to graze northern california with a few showers, and other than a sprinkle or two trying to run into the north bay be

vaccine news from astrazeneca and oxford university, and reports joe biden will nominate former federal reserve chairanet yellen to be the new treasury secretary. she is viewed as market friendly as she oversaw an expansion with historically low rates. in focus reports on home prices and consumer confidence. general motors is recalling 7 million trucks and suvs worldwide with air bags linked to the 17 deaths in the u.s. the decision comes after federal safety regulators rejected gm's argument this version of the takata air bags did not need to be replaced. the majority of the affected vehicles by this recall are in the united states. >>> elon musk passing bill gates to become the world's second richest person according to the bloomberg billionaires index, profiting from the surge in tesla stock up 520% this year. shares rose again on monday boosting musk's net worth by $7.2 billion. his fortune estimated at $128 billion. $200 million more than gates. gates, however, would be worth much more but he has begin away nearly $30 billion of his fortune to the gates foundation and other philanthropies. with

but the federal reserve chair, which is the u.s. central bank drew. it's going to say that when there's a condom, it does get back on to an even folks in the normal will be different to what it was before. listen to be a huge group of people which includes employees isn't a cause business. this is also going to include many sectors that are going to continue to need to pull, and that means by support. they need to have more government aid money to help more stimulus needs and most interesting measures. and actually the nudge in the direction right now is that government still has a influential role to play, to do mole a buddha for the economist to get back. because one of the lessons from the global financial crisis, i know we don't talk about some of those 13 years ago. but one of the lessons was that actually the government did not move us about. that's why the recovery took as long as 10 years or so. we were still talking about it even before this pandemic. now this pandemic, we might get a who, by 2021 and some sort of lexi, but we certainly do no

i, former federal reserve chair janet yellen is set to service treasury secretary if confirmed she would be the 1st woman to take over this pivotal role and would face the difficult task of shaping u.s. economic policies at a time when the country is facing a pandemic. and its economic fallout biden appears to be making good on his campaign promise to have a cabinet that reflects america's diversity. with his picks for the u.s. ambassador to the united nations and the department of homeland security, he has also named the 1st woman to become director of national intelligence question. but many of biden's cabinet picks will require confirmation in the senate, where republicans still hold a narrow majority. for now, at least with the transition process officially underway, some of the uncertainty and turbulence of the past 2 weeks seem to be settling down . while for more on this, that's cross over to washington, where our correspondent stefan simons is standing by for us. our staff on joe biden has nominated some political veterans of walkin we expect from his administration. as mentioned

i expect that we are a former federal reserve chair. janet yellen is the service treasury secretary. she's trusted in the financial world. and if confirmed, she would be the 1st woman to take over. this pivotal role with optimism about new coronavirus vaccines spreading and political uncertainty, seemingly diminishing. the dow surged past 30000 points for the very 1st time on tuesday. so i think people like the cabinet post we're seeing from biden, they like the idea that this sort of long period of uncertainty about how much difficulty week see an outgoing trump administration make. i think people like that that's over i think people like janet yellen as an idea for a new treasury secretary, she's a known quantity, was pretty able set of hands and a tough moment for everybody. president trump quickly claim the latest market rally as the fruit of his own administration's work. but the markets seem to be banking on the current u.s. leader, being on his way out of office. well, for more on this, let's cross over to washington where our co

formally begin traders say that they were also encourage that joe biden had selected former federal reserve chair janet yellen as the treasury secretary and president trump congratulated everyone within his administration for the historic high number today during the turkey pardoning ceremony from corn, how i know what these high numbers mean for you we are joined by wealth advisor george to charity. welcome welcome george. i i wasn't here and how area was teasing you earlier, but i your portfolios looking pretty strong today. >>well it better better be a good example of what to invest in after this ever session and now we're in a recovery and as you remember on march 23rd, the market has tanked the dow was down 35% here, we are 7 months later, we're setting a record of 30,000 that's an unusual lift in the stock market. >>obviously the dow isn't the only indicator of how people are doing what they're going through we see these long lines at food banks and the pandemic is worse than it's ever been when do you think that might catch up with wall street and do you expect to see sort of things go bad

former secretary of state, john kerry, poised to become biden's climate change envoy from a federal reserve chair, janet yellen is to service treasury secretary policy if confirmed she would be the 1st woman to take over this pivotal role and would face a difficult task of shaping u.s. economic policies at a time when the country is facing a pandemic, and the ensuing recession for the area biden appears to be making good on his campaign promise that his cabinet will reflect america's diversity. with his picks for the u.s. ambassador to the united nations and the department of homeland security. he also names the 1st woman to become director of national intelligence wise. but many of biden's cabinet picks will require confirmation in the senate, where republicans still hold a narrow majority. for now at least, but the transition process officially underway. some of the uncertainty and turbulence of the past weeks seems to be settling down. well, earlier we spoke to the foreign minister of portugal, the country that will take over the e.u. presidency in january, and we asked him how he believes the

federal reserve chair to predict some challenging months ahead. we've got new cases at a record level. we've seen a number of states begin to reimpose limited activity restrictions, and people may lose confidence that it's safe to go out. we said from the beginning that economy will not fully recover until people are confident that it's safe to resume activities involving crowds of people. new yorkers putting their creativity to use, we're about to see what's going to happen over the next 4 months that the weather is really changing now, hoping for the best bracing for the worst christian salumi al-jazeera new york ever and so on. so cheese ruling party has won enough seats in parliament to form myanmar's next government or national league for democracy party has so far secured, at least 346 out of 412 seats after sunday's election. but more than a 1000000 people, many ethnic minorities were unable to vote after the government cancelled folds because of fighting. in 2015, i thought so she won the 1st parliamentary election ending the military's ti

and boy, from our federal reserve chair janet yellen, sisters serve as treasury secretary, if confirmed she would be the 1st woman to take over this pivotal role. and would face the difficult task of shaping u.s. economic policies. at a time when the country is facing both a pandemic and recession and biden, also named avril haynes, as the 1st woman to become director of national intelligence. a question is whether this was a wise action and alexandro majorca as the 1st latino to head the department of homeland security. biden appears to be making good on his campaign promise that his cabinet will reflect america's diversity. linda thomas greenfield was appointed to the helm of the u.s. mission to the united nations. but many of biden's cabinet picks will require confirmation in the senate where republicans still hold a narrow majority. for now, at least with the transition post office officially under way, some of the uncertainty and turbulence of the past weeks seems to be settling down here over the joins me in the studio to have a closer look at this. after 3 weeks of this transitio

treasury secretary janet yellen has bay area ties before becoming the first woman to serve us federal reserve chair, the elements of president of the federal reserve bank of san francisco for 6 years so from 2004 until 2010. she also taught economics u c berkeley. california senator dianne feinstein says that she will step down from her role as the top democrat on the senate judiciary committee in a statement find sign said that she would not seek the position in the next congress she did not say why but wrote quote, california is a huge state confronting too. it's essential threats wildfire and drought that are only getting worse with climate change in the next congress i plan to increase my attention on those 2 crucial issues. the announcement comes after public criticism of her bipartisan outreach center handling of supreme court justice amy coney barrett confirmation hearings. group of local lawmakers are asking governor newsome to appoint california's first latino senator to replace senator kamala harris. >>in california where nearly 50 million latinos make up almost 40% of the population. the

biden has nominated former federal reserve chair janet yellen to the post of treasury secretary and wally emmel, who be the 1st black deputy treasury secretary. let's go live now to kristen salumi, who's in wilmington, delaware, kristen, so 1st, arizona, now wisconsin confirming the results showing biden as the winner. a double whammy. really for president trump. yes, the certification process is typically just a formality, but since president has continued to cast doubts on the results in these states, in particular, the announcement that these 2 states, arizona and wisconsin have certified their winning to joe biden. it just takes on added significance. president trump won both of these states in 2016, now know that he lost to arizona just over 10000 votes. arizona was even a tighter race. i'm sorry. arizona was just over 10000 votes and wisconsin was 26000 votes, but again, significant since he won those states in 2016, he and his legal team continue to act as if the results are still under dispute. and we do expect more legal challenges to come in wisconsin. those are to bend to count

women are, by far in the majority,, has nominated former federal reserve chair woman janet yellen to become u.s., treasury secretary, yellen will be the 1st woman to hold that posed if she's confirmed by the u.s. senate biden says that his new economic team will help lift america out of its economic downturn, and in another 1st, the biden transition team announced the 1st all female white house senior communications staff in u.s. history. they include jen psaki as press secretary. she held a number of senior positions in the obama administration, including white house communications, director, woman the day is almost over, the conversation continues online. you'll find us on twitter, where every find us watches to see them are the coded 1000 pandemic has been linked to the destruction of habitats and wildlife . now, the virus threatens to return to line my human transmission. osing a danger to all. how can this vicious circle be stopped and projects in africa give cause for optimism, but also show what problems exist from coping to climate? can africa's forests help save the world? c

federal reserve chair to predict some challenging months ahead. we've got new cases at a record level. we've seen a number of states begin to reimpose limited activity restrictions, and people may lose confidence that it's safe to go out. we said from the beginning that it will not fully recover until people are confident that it's safe to resume activities involving crowds of people. new yorkers putting their creativity to use, we're about to see what's going to happen over the next 4 months. as the weather is really changing now, hoping for the best bracing for the worst christian salumi al-jazeera, new york, like brazil is no longer ranked among the world's top 10 economies. after being ravaged by the pandemic, many brazilians face a painful financial future with soaring food and house prices. monika has more from rio de janeiro. c it's tea time in this slum in rio de janeiro. c c baker sounds his horn to announce fresh buns for sale, but they cost 50 percent more than in january. prices in general have become absurdly expensive since the begin

ars news has learned one of the bop contenders is federal reserve board governor lael brainard. there is also former federal reserve chairet yellen. as for secretary of state, the president-elect's top foreign policy advisor tony blinken is a front-runner, and former susansador to the u.n. susan rice remains in t rice remains in the mix. -ele of the president-elect's former democratic rivals, like eg a buttigieg and bernie sanders, are also vying for top posts. posts. whoeve whoever the president-elect names could face more hurdles. transition aides point out that they can't get background checks until the general services administration recognizes the president-elect. jamie? >> yuccas: nikole killion in wilmington, delaware, thank you. the spike in covid outbreaks is forcing several smithsonian museums in washington d.c. to close again, indefinitely. that includes the national zoo. today was the last day to stop by in-person, so it is back to virtual visits for now. usually we're told never to feed wild animals, but officials in canada's jasper national park have a different message for drivers: yeah, you're reading tha