the only people suffering the purchase medallion month-to-month have to pay to the federal union bank. i would like to be retired. i'm 68 years old. i already pay my dues and i cannot continue anymore to be part of the business. please, i ask you again. so many people that are sick, so many people that have a cancer and health problems, they cannot continue. please. if you get retired, you get your benefits and i want to get my benefit, too, and their retirement and this medallion people to buy the medallion for the retirement. we are right now retired but we cannot have any income. please. i ask you again and again, get serious and do something with this purchase medallion. thank you very much. and god bless you. thank you. >> thank you. next speaker, please. operator: you have 10 questions remaining. >> next speaker. >> caller: this is herbert winer. some concerns i have is the way the van ness project is being conducted. i get off venice avenues and i have to walk a block to the bus stop and the bus passes me by. and this isn't only on one occasion. why are you not having stops at

want to double the size of the irs and force banks, credit unions and other financial institutions that provide details of individual spending to the federal government. under the administrations proposal once your withdrawal for deposits for the year is a certain amount and that amount by the way if the president has his way is $600,000 bank or credit union would be forced to report the details of correct to bitty to the federal government. so the federal government could end up with a record of every time you eat dinner out or pay your rent or buy a new jacket or a toaster oven. the invasion of privacy being talked about here is absolutely staggering. we are to have a much mechanism in place that would allow the irs to -- that might indicate potential criminal activity. we do not need the federal government monitoring every purchase that law-abiding americans make or how many times americans buy a cup of coffee. not to mention the incredible demand this reporting requirement would place on committee banks and credit unions. banks and credit unions around the country are worried about how we would manage these requirements and mr. preside

to double the size of the irs and force the banks, the credit unions and other financial institution to provide details of individual spending to the federal government. under the administration's proposal, once you withdraw or deposit for the years, a certain amount and that amount by the way, if the president has his way, is $600 predict your bank or credit union would be forced to report the details of your activities to the federal government. so federaler government could ed up with a record of every time you eat dinner out or pay your rent or buy a new jacket or toaster oven. the invasion of privacybe being talked about here is absolutely staggering. we already have a mechanism in place to allow the irs to do large transactions that might indicate criminal activity and we do not need the federal government monitoring every purchase that law american and dividing americans from the app store many times americans buy a cup of coffee. not to mention, the incredible demands of the reporting requirements were placed on community banks and credit unions. it banks and credit unions around the country are worried about how they would manage

banks and she wants a federal reserve government to take over the banks, deposits loans and credit. >> you've done interviews before, how did the interview go you don't love banksy love the soviet unionthink it would be perfect for the number one capitalist country of the world. larry: she had to come in and sit presumably she met with the president and the oval this is a big appointment. i can see looking at the resume moscow state university the prestigious linen scholarship. >> they've a great field hockey team, men play overseas i don't know why they don't let men play here. larry: this is the biden problem. >> i don't know what to say i thought i was reading something from the onion but if this woman gets through, anyone named saule omarova should take years off at the white house, the first one didn't do so well. larry: that was a republican amoroso. >> was very good on the apprentice and ruthless. >> moscow state. [laughter] we can't wait for her reunion. larry: i haven't had a chance to promo everything is going to do, first of all on the show brian kelli of florida, mike mulvaney, marc short. >> coming up on 7:00 o'clock on prime time. charleston west virginia and the novemb

soviet union born, big fan of the soviet union, and what she wants to do with american banking is take it out of the private sector and move it into the federalr local bank to get a loan. you will have to go to the federal reserve bank to get a loan, so we're going to politicize all kinds of lending in america and change the way we do it because we all know the soviets did things so much better than we in the united states have done it, especially in regard to capital. >> crush the free market. lisa? >> that's terrifying. more mass confusion with joe biden. after getting the booster shot for the cameras, he is still walking around with a mask, despite being triple vaxed, and then the guy wonders why people don't trust him or his covid policies. perhaps it's that. tyrus, over to you. >> this is a tough week for me man. tom brady is returning to new england for the first time since becoming a buccaneer to play against the patriots. i'm a die-hard patriot fan. this is like mom and dad getting a divorce, dad moved to florida, met somebody, he's doing great. he's got a tan. he's coming back to see us. mom's bitter, and everyone's going to be [inau

is, saule omarova advocated dissolving the banking system and moving everyone's accounts to the federal reserve basically. she was born in the former soviet union state university on a lenin scholarship. she moved to the united states went to the university of wisconsin and is now a professor. she published a paper this february this year outlined why central federal government systems for banks work better. in addition she recently tweeted the old soviet system was better than the capitalist u.s. system because there is no gender gap for pay. so again the white house though still backing up this, backing up this pick. lauren: edward lawrence thank you very much. let's get reaction, kaltbaum capital management gary kaltbaum is here. okay, so a banking regulator that hates banks i guess is how you sum it up. what would it mean for the economy, gary, if she is indeed confirmed? >> what amazes me, there are 200 million adults in this country and this is what they pick to run and regulate and supervise the whole banking industry. a woman who praised the soviet economic system over us. by the way something edward did not say, she wants price control

union has suspended cartoon for mobile services, and the world bank has put a hold on 86 sudanese ambassadors have been removed from their posts. finally, june to the united nations has reiterated kohl's, federal government officials to be released. what's important for the secretary general and for all of us, is to see the immediate and unconditional release of all other government officials who continue to be on, on lawfully detained as well as activist or any one else who has been detain arbitrarily, or by the authorities. and every once human rights, of course, must be a respected or the secretary general has been on the phone. and his advisors have been in touch with relevant are people here again, court of justice, the sort of poland to pay a daily fine of $1.00 on $1000000.00 in a row over judicial reforms across president gamma law. so has called a dialogue, as protests in the country continued for a 2nd day. even a demand in the present reverses decision to increase feel crisis. and those are the headlines. stay with as an al jazeera inside story is next. ah, how exactly will you plan to rule all sri lankan communities under one law effectively represent everyone? white also trying to

federally insured credit unions, heritage action of america, the league southeastern credit unions and the alabama bankers association. these organizations and their members know that if president biden's proposal goes through, bankingas we know it, will end. mr. president, at this time i'd like to yield the floor to my distinguished colleague from florida, mr. scott. mr. scott: mr. president. the presiding officer: the senator from florida. mr. scott: i would like to thank senator tuberville for leading this important effort. this is as close to policy from communist china that we've seen in the united states. in regimes like communist china, we know the government has access to every part of a person's life. let me explain what the biden administration and democrats in washington are proposing. democrats want to open your bank account to federal agents. under joe biden's america, the federal government's authority would be vastly expanded so the i.r.s. can get a look at any account over $600. the madness doesn't stop there. the new rule from joe biden would require banks to report every transaction of $600 or more and does anyone honestly think the federal government will keep your private information safe? want t

bank she is being appointed to regulate. educated in the former soviet union. pay scales, capital and credit should be dictated by the federalominated despite the objection of treasury secretary janet yell en. watch how it goes. background for that nominee, dana. >> dana: the other day when i read that i think it was on wednesday night in the "wall street journal" editorial page posted early read that and i said how did everybody miss this? this is a big nominee and i think that it might go the same way as david chipman who they pulled and others. it doesn't seem they have a good strategy for getting nominees concerned but gives them a terrible impression. i have to say i think this deserves a lot more attention and glad we brought it up. >> bill: she got her finance degree in the soviet union in moscow on a lenin scholarship and tweeted about the virtues of a communist system. special counsel john durham making more news now. he issued a fresh round of subpoenas in the investigations into the origins of the russia probe. it targets the law firm with close ties to hillary clinton's campaign of 2016. mark meredith back on tha

that resemble those of the soviet union, that should form our judgment about whether this person should be the chief regulator of the nation's federally chartered banks. professor omarova would like to argue that her central planned economy will be different. that is always the case, this time we'll get socialism right. as her paper notes, there are already using open market policies so why not let the fed set stable prices for all kinds of important assets. well, the answer is simple. making decisions about individuals -- maybe dozens, maybe hundreds of individual assets across an economy, what they should cost and how they should be allocated, that is complex. there is no technocrat, no bureau or agency or entity that can figure that out. it's the organic decisions, individual decisions of millions of free people that spontaneously create this and maximizes the well-being of a people of a freet society. there's a pretty strong case that the government doesn't do such a great job on monetary policy either. people who have serious doubts about how they set the price of a single thing, namely the u.s. dollar, do we want them directly controlling the p

banking and having the federal reserve allocate credit. this is a radical with stalinist views and she praised her home country, the soviet union of gender payt biden is trying to promote. stuart: she has been nominated to this decision but hasn't been confirmed. >> that is and many senators are raising skepticism and concern about her radical views. even the wall street journal has reports that janet yellen herself has concerns about this radical ideologue who was a friend to everything we know about capitalism. stuart: that is news if janet yellen is hostile she must be way out on the left. tw shannon, you are all right, see you again soon. >> always a pleasure. stuart: that is a rally anyway you slice it, dow is up 470, nasdaq up 222. look at the banks, they are doing well especially goldman sachs. there is. it is up 3.4%. 386 is the price. that adds 80 points to the dow industrials which are up 466. the irs wants better look at your personal finances. come back in, ashley. check your bank account. you could want that? ashley: as if tax filing wasn't invasive and of the irs indeed wants to review every checking amount above a $600 balance

and force banks, credit unions, and other financial institutions to provide details of individual spending to the federalernment. under the administration's proposal, once your withdrawals or deposits for the year exceed a certain amount -- and that amount, by the way, if the president has his way, is $600 -- your bank or credit union would be forced to report the details of your activity to the federal government. so the federal government could end up with a record of every time you eat dinner out or pay your rent or buy a new jacket or a toaster oven, the invasion of privacy being talked about here is absolutely staggering. we already have a mechanism in place to allow the i.r.s. to view large transactions that might indicate potential criminal activity. we do not need the federal government monitoring every purchase that law abiding americans make from the app store or how many times americans buy a cup of coffee, not to mention the incredible demands this reporting requirements would place on community banks and credit unions. banks and credit unions around the country are worried about how they wou