jerome powell named as the new boss of the us federal reserve.begin with what's on the front page of the financial times. and, after months of speculation, donald trump has nominated jay powell as the next chair of the federal reserve as the president moves to stamp his mark on the world's most powerful bank. turning online to the spanish publication, el pais, a detailed look at what happens now to former premier of catalonia, carles puigdemont, if he's issued with a european arrest warrant while in brussels after refusing to appear in a spanish court. in the daily telegraph, here in the uk, this article speculates that british prime minister theresa may has given a "clear indication she is planning for her succession" after brexit, by promoting one of her closest allies gavin williamson to the cabinet. over to the new york times, and "the chef who fed puerto rico." jose andres arrived five days after hurricane maria and has now served more than two million meals — what's claimed to be the largest emergency feeding programme ever set up by a grou

president picked for the federal reserve jerome powell has suggested the central bank is likely to raise rates in december touring its next policy meeting powell told the senate banking committee the case for raising rates a strong the rate hike is likely to range between one point two five and one point five percent and it would be the fifth in two yes despite being a republican paul has said that the u.s. central bank will continue his predecessor's policy of raising interest rates grab to me continue to consider. let's bring in our financial correspondent sophie ski in new york now sophie investors will have been listening closely to what jay powell had to say how all they reacting to his proposed normalization of interest rates. well pretty positive way helen are when it comes to interest rates powell is quite close if not completely in line with janet yellen as investors love this because that makes him predictable he might move a little faster though with further rate hikes then yellen might have done that something but in a hearing today in front of the senate committee he decline

picked to head the federal reserve. jerome powell gets the top spot, while president trump promises a holiday treat. president trump: we are giving a beautiful christmas present in the form of a tremendous tax cut. jane: authorities are learning more about the man behind the new york attack. president trump says he should face the death penalty. scientists discover a new species of orangutan so rare it has gone on to the endangered species list. welcome to our viewers on public television in america and around the globe. president trump nominated jerome powell to be the next chair of the federal reserve. if confirmed by the senate, the former investment banker will replace janet yellen when her term ends in february. in a ceremony at the rose garden, trump said powell was the perfect man to keep the american economy growing. president trump: we have had back-to-back quarters of growth, a major accomplishment, and are doing better and better every single week. but if we are to sustain this tremendous economic progress, our economy req

liz: president trump making it official federal reserve governor jerome powell will get the nod to be next federal reserve chief. he has to go through the whole process before congress, before he is accepted to that post, but the president thanking janet yellen who is the current federal reserve chief, very similar in outlook, in fact, he reiterated, i don't know if you heard that, he specifically reiterated everything the past four federal reserve chiefs before him have always said. we look to ensure stable prices and maximum employment. we are very close to maximum employment right now. as we look at the markets and the reaction, there is almost no reaction, we did see 11-point gain on the dow jones industrials on top of what we have already seen. volatility is still very low for the vix. interesting to see the 10-year treasury yield remained steady with all of this. so it was widely telegraphed and expected certainly. no surprise, but we bring our guests back in one more time. ward mccarthy, former economist at richmond fed and -- i'm sorry, atlanta fed president dennis lockheart a

federal reserve we understand that monetary policy decisions matter for american families and communities. >> ladies and gentlemen, meet the man who was nominated to be the next chair of the federal reserve, jerome powell. those stories and more tonight on "nightly business report" for >>> good evening, everyone, and welcome. republican lawmakers proposed the most significant changes to the tax code in 30 years. businesses big and small could see changes. and so could individuals. house speaker paul ryan pledged action on the legislation. but the proposal ran into opposition almost immediately. ylan mui tells us what's in the blueprint and where it might go from here. >> reporter: republicans call it the biggest overhaul of the tax code in a generation. the plan unveiled today creates four new individual tax brackets. the top bracket would remain at 39.6% and it applies to households making over $1 million in income. the limit for 401(k) contributions remains at $18,000. and homeowners will continue to be able to deduct their mortgage interest. however, the deduction for newly purchased homes will go down from $1 million to $500,000. as for the estate tax, it would double immediately from $5.5 million

also, breaking news, white house has notified federal reserve governor jerome powell. that president trump intends to nominate him as next chairman of central bank. grover norquist is here. and we have big companies with earnings after the bell, and russia-back facebook ads have just been released, and they look like they support bernie sanders. we'll go through them for you. and john mac. >> all here, all speaking out tonight. >> welcome, to "risk & reward." i am cheryl casone. the market shaken up, latest terror attack in mid-city, dow, s&p, nasdaq, with intraday all-time highs today. driving the nasdaq higher, u.s. companies reporting they added most workers in 7 months, consumer confidence also hitting highest level since december of 2000, this just in, breaking news president reportedly is going to tap federal reserve governor powell to be next chairman of federal reserve. this as a horrific terror attack hits new york city. homeland security chairman mccaul said that deadly truck attack is 9th vehicle assault used by isis. and president trump responding. >> what

economy and the budget president trump introduced his nominee for the next chair of the federal reserve. jerome powellthe current fed reserve governor. he served as a treasury official under george h.w. bush when he was president. if confirmed he would succeed janet yellen whose term ends in february. meanwhile the fed has decided to leave interest rates unchanged put hinted to a hike in december. we'll how that goes. >>> now to one of the other big stories making headlines tonight. donna brazil the former interim head of the democratic national committee blasted the clintons, we're talking about bill and hillary in her new tell all book. >> unethical fundraising agreement was signed between hillary clinton's and the dnc to keep the family financially afloat. brazil hints -- donna brazil was part of the dnc during the al gore era. doesn't seem like he ever had strong allegiances to the hillary campaign down the road. she came in during the election last year, had to clean up the mess left by debbie wasserman schultz. >> she was accused of giving some of the questions from the debate questions to hilla

let me just ask you, quickly, we just got word, that the federal governor, federal reserve governor jerome powell is probably going to be nominated as next chairman of the federal reserve. is that going to be any different from the way janet yellen run the institution? >> it's a horrible choice. he is janet yellen with a tie. he is a crony capitalist keynesian who thinks you should run the economy from the 12 people sitting on federal open market committee. we have to get off this, 1% or 0% interest rate. you got to let capitalism work. let the market, free market set the interest rate. get fed out of the way. this economy is 100 months into an expansion. we don't need the crutches of the fed sitting an interest rates, like they are. or a four 1/2 trillion balance sheet. he will do the same. it is an awful choice. it proves the election didn't make any difference. donald trump, when it comes to monetary policy which is at the heart of the problem today, which is, basically killing our economy. david: right. >> destroying savers, destroying businesses. it is just as bad as -- david: i guess you ap

a mixed picture as we wait for that big announcement from the federal reserve. jerome powelld to be president trump's nomination for the federal reserve. >>> house republicans are also rushing to release a tax reform bill. it was supposed to have been released yesterday but they missed the self-imposed deadline. many lawmakers oppose the idea of eliminating some deductions. the gop is drafting the bill without input from democrats. >>>and president trump has signed the repeal of a banking rule that would let consumers join together to sue their bank or credit card company to settle financial dispute. the republican led senate narrowly voted to repeal the legislation last week with vice president mike pence casting the tie breaking vote. democrats say the rule gave consumers more leverage to stop companies [inaudible] >>> facebook's third quarter profits soared 79% in the third quarter, but facebook shares dropped after it said expenses next year will go up as much as 60%. after trading as high as $185 a share, soon after the earnings report came out, the stock fell as much as

the conversation around the federal reserve, jerome powell taking over, what is this going to do forhe world post-december in terms of rate hikes? >> the emphasis from jerome recent comments seems to be policy continuity. we would disagree with the idea that powell is automatically a dove. if you look at his voting record, he did not want to vote against the chair. he always voted with the consensus in with the chair in both cases. we don't know whether he is a hawk or dove, but from his the emphasis is policy continuity and gradual normalization of policy settings , gradual reduction in the balance sheets, and a watchful eye on growth and inflation. yousef: morgan stanley is warning investors that i completely flat yield curve is just around the corner. they are making it clear that the spreads between five-year and 30 year will continue to narrow. do you agree with that outlook? and what will it mean in terms of rates? >> the normal message in terms being flat0's is the u.s. economy will slow and with an inverted yield curve a recession at some stage. beenield curve has significant

this morning will consider the nomination of the honor roll jerome powell to be chairman of the board of governors of the federal reserve system. governor powell, welcome and congratulations on your nomination. i see f

and as you say we expect the president to come out and announce jerome powell federal reserve of governors replacing janet yellen. this will be the first time in years that a president has decided to forego a second term for a sitting chairman of the federal reserve. but jerome powell is pektsed to continue some of the policies as janet yellen. but speaking of policies they have been focused on that in the white house. as you mentioned earlier today the president was welcoming gop lead tours tax about the new tax reform plan. tan the president at one point held up a prop suggesting that most americans will be able to file their taxes on single sheet of paper. here's what happened. >> most americans will be able to file taxes on a single sheet of paper. what do you think about that, kevin? are you still there? or is it going to be a paper and a half? >> here. >> wow. >> postcard. >> great job. thank you very much. i didn't know i was going to be given a prop. >> that is my only copy. >> don't lose it. >> reporter: and of course that single piece of paper, brooke, looked to be about the size

federal reserve we understand that monetary policy decisions matter for american families and communities. >> ladies and gentlemen, meet the man who was nominated to be the next chair of the federal reserve, jerome powell. those stories and more tonight on "nightly business report" for >>> good evening, everyone, and welcome.

federal reserve. there are reports tonight that federal reserve governor jerome powell will be nominated to the top spot. according to "the wall street journal," the president spoke to him today and notified him. if confirmed by the senate, powell will succeed janet yellen whose term expires early next year. >>> the tax bill was not released today. house republicans in consultation with the president postponed the rollout by one day to add finishing touches to some of the details. ylan mui tells us where things stand. >> reporter: republicans, forced to delay the release of their tax plan until tomorrow, failed to reach agreement on the details. the holdup, the state and local tax deduction. house republicans from high tax states don't want to get rid of it. congressman pete king of new york says he'll vote against the tax bill to protect this provision. >> while i certainly favor a tax cut, i don't want the rest of the country to get a tax cut at the expense mistake constituents on long island. >> reporter: negotiations over this bill are still under way. but here's what we've learned so far. the corpo

. >>> just in to our newsroom, president trump makes his pick to lead the federal reserve. jerome powell will rise from board member to board chair. the announcement happened a few minutes ago in the white house rose garden. if confirmed by the senate, powell would succeed janet yellen when her term ends in february. yellen is the first woman to lead the federal reserve. she'll also be the second term after completing a first. >> former trump campaign chief paul manafort and his business associate rick gates are fighting home confinement. >> the two face charges ranging from conspiracy to money laundering in the russia probe. >> leon harris is at the live desk now. leon, the two men say they are not a flight risk, contrary to what the judge believes. >> yeah, that's their story and they're sticking to it, erika, and pat. the two men have multi-million dollar unsecured bonds and their lawyers say that that should be enough to make sure that they show up for their court appearances. manafort and gates were back in a d.c. court this afternoon. in a court filing to keep manafort confined to

>> next week, the senate holds a confirmation hearing for the federal reserve chair nominee jerome powell. watch live on tuesday. >> c-span, where history unfolds daily. 1970 nine, c-span was created as a public service by america's cable companies. >> next on c-span, former white house chief strategist steve bannon talks about the fight against isis. he spoke at the dinner by the zionist organization of america in new york city. theremarks are followed by u.s. ambassador to israel. current about the israel-u.s. relations. congressman zeldin: our next person coming, it is really an honor to be able to introduce him. he is someone who has served seven years in the u.s. navy. someone who raised a daughter, who graduated from the u.s. military academy at west point. deployed with the 101st to iraq, currently serving on active duty. here we are on this veterans day weekend. to be able to hear from someone who bleeds red, white, and blue. i would be remiss if we did not say -- thank you, steve bannon for your service in uniform. [applause] congressman zeldin: to all of the veterans here, and t

. >>> president's trump nominee to head the federal reserve jerome powell grilled on capitol hill, givingking in terms of interest rates and what the fed will do come december. we have details for you. plus the president will addressing the nation in a few moments. we're expected he will address the situation in north korea. north korea launching a missile just a short time ago. he may also talk some about tax reform. we will bring that to you. stay with me. don't go anywhere. i will see you in two. whcold sore.et you? grab lunch? cold sore. when a cold sore takes over, campho phenique's topical anesthetic plus anti-microbial action soothes pain fast. what's for dinner? meat loaf. campho-phenique on, cold sore pain gone. when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. trish: all right. breaking right now. take a look at these protesters outside the senate budget committee meeting with -- it's happening right now on the budget and tax reform

federal reserve. accordingly, it is my pleasure and honor to announce my nomination of jerome powell to be the next chairman of the federal reserve. congratulations. mr. powell: thank you. [applause] pres. trump: he is joined by his wife and his two sisters, and i say congratulations to you all. please, take that bow, you deserve it. thank you for being here. today is another important milestone on the past to restore economic opportunity for the american people. and just a short time, we have already made incredible strides. unemployment is at its lowest level in more than 16 years. you know that very well. you know that very well, you are happy about it. we have had back-to-back quarters of 3% growth, a major accomplishment, and we are doing better and better every, single week. but if we are to sustain all of this tremendous economic progress, our economy requires sound monetary policy and prudent oversight of our banking system. that is why we need strong, sound and steady leadership at the united states federal reserve. i have nominated jay, it is so important, he will provide exactly that type of lead

a major appointment expected in washington today is he the next chairman of the federal reserve many say jerome powell will ensure stability for u.s. monetary policy. and facebook advertising earnings are up fifty percent but accusations grow that the company profits from spreading political propaganda and fake news. also tesla slows down production the lead again on tesla model spray as the electric car maker bitten off more than it can chew. this is d.w. business well today u.s. president donald trump is due to announce his pick for the new leader of the federal reserve now will he be the new man at the helm of the world's most important central bank if you believe an increasing number of reports well his name is jerome powell he has been a fed governor since twenty twelfth he's a centrist on monetary policy and is known as a pragmatic and down to earth official with both private sector and government experience the head of the u.s. federal reserve is the most powerful central banker in the world some past fed chairman have even attained new cult status like alan greenspan he opened the money floodg

trump is expected to nominate federal reserve governor jerome powell to lead the central bank. the 64-year-old would replace current chair janet yellen in february. for the first time in team history the houston astros are world series champs! the astros beat the l-a dodgers in a seven. the series - a back and forth battle - ending with a blowout.. as houston wins it five to one. the victory.. setting off champagne showers in the locker room. now, two months after being hit by hurricane harvey the entire city has something big to celebrate! the game was in los angeles.. but this was the scene in houston. tens of thousands of astros fans watching the game on big screens at minute maid stadium. and the partying continuing into early morning hours.. as people took to the streets. the big victory parade is tomorrow! still ahead - new details in the russia investigation... as the first people charged return to had on him.. that investigators feared would make him a flight risk. and new overnight: russia ads revealed. our first look at the ads you saw on facebook during the 20-16 ele

president trump to appoint federal reserve governor jerome powell to replace janet yellen at the nextan. today the journal reported that powell has been notified of the president's decision. the white house may commit official at 3:00 p.m. eastern time. powell appealed on fox does this not too long ago if adam shapiro and jackson hole, wyoming talking about what qualities of fed chair should have. >> i think it helps to have a deep knowledge of fed operations. it helps to have knowledge of the economic issues that we face. i would say one of the more challenging is to focus on one of the more challenging aspects of the fed chair's role is that she has to -- she deals with all of the routine members of the market committee. it takes a lot of patience. lauren: this would be the first time in 40 years that a new president reappointed to the current fed chief. she was in the running for the job to do for term expires in february and is expected to continue her policies, unwinding of the fed stimulus policies as the economy doesn't end. cheryl: it is finally here. house republicans had to

federal reserve. his leading choice is federal reserve governor jerome powell, a former treasury official who appears inclined to continue gradual interest rate hikes. he may be open to easing some regulations on banks. if nominated powell would replace janet yellen, the first fed chief to serve a full term without being nominated for a second. >>> kevin spacey is seeking evaluation and treatment amidsexual misconduct accusations according to "people" magazine. several allegations have recently come to light. his response to the accusation caused widespread criticism. actor and director dustin hoffman is accused of harassing a teenager. hunter claims it happened when she was 17. hoffman is apologizing. >>> the head of facebook says the company will invest more heavily in security. the ceo mark zuckerberg says profits will take a hit because of the move. the social networking site has come under fire for russian-bought ads. nearly 126 million facebook useers in america may have been exposed to content generated by the russian government. by next year facebook plans to have more than 20,000 people work

house rose g >>> president trump has announced his choice to take the helm of the federal reserve. jerome j. powellke today in the white house rose garden. >> inside the federal reserve we understand that monetary poll of decisions matter for american -- policy decisions matter for american families and communities. >> if he is confirmed by the senate, powell will replace janet yellen. he has been a fed board member five years and supported yellen's cautious approach on raising interest rates. >>> if you belong to 24 hour fitness, you might have a refund coming. the bay area based chain agreed to pay $1.3 million in penalties to settle claims that it raised renewal rates on prepaid memberships. that was after promising a fixed rate for life. members who overpaid will be eligible for partial refunds and will be allowed to renew at the rate they were initially promised. 24 hour fitness is based in san ramon and has more than 400 locations across the u.s. the company has not admitted any wrongdoing. >>> more than 37 million fire extinguishers are being recalled because they might not work when you nee

president trump today chose federal reserve governor jerome powell to succeed janet yellen, who becomest chair of the fed in decades to be denied a second term after completing a first. massachusetts senator elizabeth warren spoke to bloomberg after the announcement. senator warren: janet yellen is very clear that she wants an economy that works for working families. jerome powell has been with her on a lot of that and that goes a long way with me. mark crumpton: if confirmed by the senate, powell will take over the fed in february. a spanish judge has ordered nine ex-members of the government in catalonia jailed while they are investigated on possible charges of sedition, rebellion, and embezzlement. catalan lawmakers and former officials who appeared in court in madrid for questioning returned to barcelona today and were greeted by pro-independence supporters at a train station. british brexit secretary david davis says the likelihood of exiting the european union without an official deal is, quote, "improbable," but he didn't rule it out. davis said there is a plan b if talks break d

. >>> also in washington today, president trump made it official nominating federal reserve board member jerome powell as the next chair of the u.s. central bank. if he's confirmed by the senate, he'll succeed janet yellen when her term ends in february. it's the first time in decades a new president has not renominated a sitting fed chair for another term. >>> in colorado tonight, a search for answers after a gunman went on a rampage inside a walmart opening fire seemingly at random. after a massive manhunt and a high-speed chase, police have a suspect in custody. the question so many there are asking, why did he do it? here's nbc news national correspondent miguel almaguer. >> reporter: the manhunt for a killer came to an end after a high-speed chase. police arresting 47-year-old scott ostrum. >> we have a shooter inside the store. >> reporter: investigators believe ostrum calmly walked into this denver area walmart and began shooting shoppers. >> are you okay? >> reporter: dozens fled for their lives, but three were killed. carlos moreno was shopping with his daughter and wife. victor vazquez was a

taylor: jerome powell is on a mission to shake things up at the federal reserve.ntment will be questioned today. it signals raw support for how ed operates. he is not expected to have any problems being concerned. bank of england is concerned of a recession, and a disorderly brexit could cut the brakes on lending. safety measures for a cyclical counter buffer. the boe past the stress test for the first time since it began. the u.k. once a trade deal with the eu could live without one, says fox. ox: we want an open, liberal, comprehensive agreement. so we want to work toward that agreement, and we think it is in the interest of the prosperity and the wealthy and of equal in europe, but we're not afraid not to get it. on terms with the eu as we do with the united states, for example. taylor: , trade talks can begin. airport has, the been closed for a second day acause of a threat by volcano. bali is one of asia's most popular tourist explanations -- destinations. global news 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. i

federal reserve. janet yellen is out, jerome powell could be in.the future of the world's most powerful central bank? this is the view right now of the white house rose garden where the president is due to confirm him any time now. the republicans are ready to unveil their plans for tax reform. not since ronald reagan has there been an across—the—boa rd tax since ronald reagan has there been an across—the—board tax cut. eight former members of the catalan government are in custody in the grid while a court considers an arrest warrant for the

president trump has nominated a current federal reserve governor, jerome powell to head the u.s. central bank. first pick by president obama for the would replace the current fed chair janet yellen. the first time in four decades a new president hasn't asked the current fed chair to stay for a second term. also earlier, the president joined house republicans in rolling out their new tax bill which would sharply reduce corporate taxes. middle income americans should benefit, many face the painful loss of popular deductions. the president is pushing to have a new gop tax bill sienled by chris, but some key republicans are already pushing back. let's go to our congressional correspondent, tell us what this plan would do. >> well wolf, the ink on this tax bill is essentially still drying and many members left here with a little bit of uneasiness about what exactly is in the bill tonight and keep in mind, this is a major overhaul of the tax code that the bill is massive 429 pages. now some of the top lines for individuals, this proposal will reduce the number of tax brackets from seve

and jerome powell has been nominated as the new chief of the u.s. federal reserve, but will he push for the same old policies? we will get reaction from wall street. in the seventh game of the world series, the houston astros take down the los angeles dodgers to take baseball's champ. this was the astros' first ever world championship in their 55 year history. we take a look at how they did it. ♪ brent: i'm brent goff. good to have you with us. today, he defied an order, but the ousted catalan president is not facing arrest, at least not tonight. reports from spain say that a judge will not issue an arrest warrant for carles puigdemont today. what happens tomorrow remains uncertain. carles puigdemont failed to show up in court in madrid today, to answer questions on catalonia's declaration of independence. he is currently in brussels, along with four other members of the dismissed regional government. the judge in madrid sent eight other members of the former catalan cabinet to prison today without bail. correspondent: "freedom," chanted the demonstrators outside o

on c-span the president federal reserve chair nominee jerome powell testified at his confirmation hearing. you will take questions from members of the senate banking committee live at tinian eastern on c-span here in the afternoon the senate budget committee works on combining tax reform legislation with a bill to open the arctic national wildlife refuge to expanded oil and gas drilling. live coverage begins at 2:30 p.m. eastern on c-span3. you can watch all of these earrings online at c-span.org and use the free c-span radio app. >> president trump held an event at the oval office honoring the native american code talkers of world war ii. code talker peter mcdonald gave the introduction. [inaudible conversations]

. >> next week, the senate holds a confirmation hearing for the federal reserve chair nominee jerome powellwatch live on tuesday. >> c-span, where history unfolds daily. 1970 nine, c-span was created as a public service by america's cable companies. >> next on c-span, former white house chief strategist steve bannon talks about the fight against isis. he spoke at the dinner by the zionist organization of america in new york city. theremarks are followed by u.s. ambassador to israel. he spoke about the

melissa: also happening today, president trump's nominee for federal reserve chairman, jerome powell,the stand during his confirmation hearing today, telling lawmakers he believes the economy is quite strong and favors cutting regulations to help small banks. powell also saying that the case is building for a december rate hike. i bet that had a lot to do with the market move today as well. david: don't want to forget that. >>> who will head the cfpb. we're awaiting a key ruling in a courtney moment. will we see another win for the president and for his pick, mick mulvaney? not if elizabeth warren has anything to do with it but she doesn't right now. james freeman is back with us. ♪ t know. there's so many opinions out there, it's hard to make sense of it all. well, victor, do you have something for him? >>check this out. td ameritrade aggregates thousands of earnings estimates into a single data point. that way you can keep your eyes on the big picture. >>huh. feel better? >>much better. yeah, me too. wow, you really did a number on this thing. >>sorry about that. that's alright. i g

as president don trump has nominated jerome powell to chair the federal reserve from next year he'll take over when current chair janet yellen term expires following along there's a speculation over could be chosen to head the central bank now the man charged with killing eight people in new york with a truck has told investigators he felt good about what he'd done u.s. president donald trump called for twenty nine year old safe to face the death penalty christensen has more from new york. lifelong friends from argentina on the trip of a lifetime they were in high spirits as they rode along the hudson river bike path in new york to celebrate the thirtieth anniversary of their high school graduation just a few kilometers later their ride would put them in the path of a truck driver intent on killing five of the ten men died in tuesday's attack the deadliest in new york since nine eleven back home in argentina a vigil was held in their honor there were candles and tears which mark such occasions. in new york consular officials from the country said the men's families would be arriving

with the closing bell ringing in just 37 minutes, federal reserve chair jerome powell getting the treatment today on capitol hill. some of the things that he said started this rally in the morning hours. what was surprising and what did the bulls like? how would his views shape monetary policy and economic growth and perhaps the interest rate you pay on your mortgage? two of the best fed watchers getting in front of cameras. bill, former citigroup economist and john is the economic senator for the wall street journal. they're here to rate powell's performance as we await president donald trump who's about to speak. it could be anything he tackles at this point. stay tuned. dow's up 263 points. you've got to stay with me for this one. ♪ there's nothing more important than your health. so if you're on medicare or will be soon, you may want more than parts a and b here's why. medicare only covers about 80% of your part b medical expenses. the rest is up to you. you might want to consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like any medicar

federal reserve chair nominee jerome powell says he expects interest rates to rise gradually he made remarks during his senate confirmation hearing also defended the need to potentially ease regulations on the financial sector is president donald trump to leave the federal reserve as a replacement for janet yellen he was appointed by former president barack obama it's been a year since a plane crash killed nineteen players from a brazilian football team despite family still mourning football continues to be a source of strength for a small brazilian city as its ripple. even before the plane crash which nearly wiped it out chappell cohen says story was a remarkable one touching hearts around the world the modest team from the small city of southern brazil rose to the country's top division and reached the final of the regional cup competition the student. it was on the way to play the first leg of that final against that political nasional of many years in that tragedy struck . as brazil. as the families mourned the club for back inspired by the three players who survived in memory of

it is my pleasure to nominate jerome powell to be the next chairman of the federal reserve. congratulations. jay is joined here by his wife and his two sisters. congratulations to you all. take that bow. you deserve it. thank you very much for being here. today is another important milestone. in just a short time, we have already made incredible strides. unemployment is at its lowest level in more than 16 years. you know that very well. you are happy about it. we have had back to back quarters of 3% growth. we are doing better and better every single week. if we are to sustain all of this tremendous economic growth, our economy requires sound monetary policy and prudent oversight of our banking system. and is why we need strong steady leadership at the united states federal reserve. i have nominated jay to be our next federal reserve chairman. it is so important because he will provide exactly that type of leadership. he is strong and committed and smart. if he is confirmed by the senate, he will put his talents and experience to work, leading our nation's and dependent cent

, our live coverage includes the senate banking committee tomorrow considering jerome powell to be the next federal reserve chair and that will be like tomorrow at 10:00 p.m. eastern on c-span. also tomorrow, the senate budget committee views is tax reform on c-span3, on wednesday, the senate health paper -- considers the housen wednesday, the takes of a bill requiring members of congress to take anti-harassment and antidiscrimination training, live coverage of congress this week on the c-span network online at c-span.org or with the free c-span radio app. >> mick mulvaney addressed the press enter questions during his first day on the job, he is remaining as white house budget director. about linda english. this is 20 minutes. thank you all very much for doing this, welcome to see spv. my role as acting director was extraordinarily smooth. we met with the senior leadership team, the toxics are seven folks here met again in the afternoon with a broader group health's or four dozen folks, how this intimate you told them an annual take a couple questions, this is an ordinary course of business in washington

federal reserve chair nominee jerome powell says he expects interest rates to rise gradually he made the remarks during his senate confirmation hearing also defended the need to potentially ease regulations on the financial sector he's president donald trump's pick to lead the federal reserve as a replacement for janet yellen who was appointed by former president barack obama zimbabwe's new president has opened a three month amnesty window for the return of stolen public funds that was in man and god word says those individuals and companies that have illegally stashed money abroad have until the end of february to give it back when gaga has promised to tackle corruption following robert mugabe's thirty seven year rule well the people of zimbabwe are looking to their new president to bring the country back from the brink of economic disaster and for business owners the need for help is critical it's interesting the. manufacturing industry like every aspect of zimbabwe's economy is on its knees and emanuel is under pressure. ask him what president new cabinet should prioritize the lis

federal reserve. the president's expected to nominate jerome powell, the current governor of the federal reserve.lysts say if he gets the job he will likely continue yellen's policy. >>>two former campaign aides of donald trump are due in court today on charges related to the russia investigation. paul manafort will appear in federal court with co-defendant rick gates. they first pled not guilty on monday to charges that include money laundering. in court filings, prosecutors say that manafort tried to hide his financial assets and that he has three passports. >>>the sentencing hearing for army sergeant bowe bergdahl will continue. closing arguments may happen today. the prosecution may call the defense's last witness back today but the judge told both sides to be ready to sum up their sides. bergdahl would get life in prison. >>>time is 5:27, toxic water at bay area schools. we'll tell you why parents are calling out one school district for not doing enough. >> also, we have new details about a halloween night shooting in the castro district of san francisco. it left one police officer criticall

donald trump names jerome jay powell as his pick for the next federal reserve chairman paving the way for him to become the world's most powerful central banker. and an increasing number of children a dying of pollution related illnesses in nigeria so ports being done about it. first to spain where the fallout of a cash declaration of independence has led to eight for my catalan cabinet members being sent to jail another is being held pending a fifty eight thousand dollars bail payment the region's deposed leader card is bridged among remains in brussels but prosecutors are seeking a european arrest warrant for him to abdul hamid reports now from madrid. protests in the capital capital barcelona in support of the regional leadership summoned to face justice in madrid i feel very very very sad and sudden there's always ends with anger but first of all i. know we don't deserve neither spaniards nine of the fourteen members of the ousted regional government arrived at the court not knowing if they would walk out free. the catherine deposed president remained in belgium in defiance of the

federal reserve u.s. president double trump has nominated jerome powell to head the u.s. central bank if confirmed by the senate paul would replace janet yellen as the nation's top monetary policy maker funny from our business desk is here now to tell us about this development from the white house i mean we know his name jerome tal's on e who is what we also know that it's no surprise that he's been nominated but don't troll because he's seen as a very pragmatic policymaker brand and there's more of course in fact the way he's doing his policy doesn't differ that much from janet yellen. therefore we do not expect any big changes when it comes to an interest rate hike he's seen as a person who is rather soft on that was rather stable and that the peers more. if trump out his way this man would head up the most influential central bank in the world jerome powell a former private equity executive has been sitting on the governing board of the federal reserve for years analysts expect him to hold on to the policies of his predecessor janet yellen that means he'll adopt a caut

they are talking about the new -- the hearing of the new chairman of the federal reserve. jerome powellikely to -- even though the process has grown -- grown more political. -- heads into his confirmation hearing wednesday. it isn't the first time he has been a fed candidate that offered the path of least resistance, writes the wall street journal. we will have part of that hearing on tomorrow morning here on c-span at 10:00 a.m. eastern time. back to usa today, the headline said folks on both side of the net neutrality case make their cases. proponents are hoping to make plantand against the fcc to overturn a neutrality rules. proposed rules are passed, it would be seen as a victory for telecom and internet companies like at&t, comcast, and verizon. it would overturn the so-called net neutrality regulations that went into effect during the obama administration. here's a quote "this vote will negatively impact small and medium-sized internet businesses and have the potential to decrease jobs and economic growth systemwide." this is part of the coalition that includes amazon and google.