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president biden appointed gary gensler, presumeably kamala harris likes gary gensler.ren, who also hates crypto, who is, is vehemently supporting kamala harris. i mean this is, this ain't going nowhere. i don't know how mooch or cuban will have to justify the fact that kamala harris is not going to throw gary gensler under the bus. liz: or maybe they look at it as she is from california. she understands silicon valley and these new sectors that pop up. maybe she wants to separate herself from joe biden. >> wants to unburden what has been. liz: yeah. >> get it? get it? liz: no. >> [laughter]. i can't help myself today, what is wrong with me today? [laughter] liz: meantime what is wrong with bitcoin. ether is down. >> ro khanna is having another one of his get-togethers. coffee klatschs for crypto, for democrats i think tomorrow. i just don't think any of this is going anywhere. they, the democratic party has been so anti-crypto at the top. liz: kristin gillibrand, the senator from norco sponsored with cynthia lummis. >> she is nowhere to be found, she is nowhere to be f

this is gary gensler, this is the wild west, got to get rid of it, you know, most of these are securitieskind of, gary has had a come-to-jesus moment with ethereum. liz: so has donald trump. he had dissed crypto in the past. >> donald trump didn't, listen, donald trump was not, did not unregulate crypto, we should point out. liz: this is true. >> jay clayton, sec chair brought the case against ripple but the amount of regulatory oversight that gensler and biden and harris did compared to trump is light years. the trump people were much more of a lighter touch and mostly on these sort of crazy digital coins that popped up with no sort of backing and things of that nature this is much more broad. they went after coinbase. so in any event it will take a degree of gaslighting for anthony scaramucci and mark cuban, people i know well, like for them to convince people that you know, kamala harris is all for crypto. will they pull it off? well, you know, kamala harris' approval ratings are up now. looks like she is beat donald trump theoretically if the election is held today. you might be able

the sec and gensler, that is the other side of this. he talked about firing chair gensler.cs of that working and trying to get a bitcoin reserve, i'm trying to understand process, why it would work. amanda: professor evans did a phenomenal article on this, where she talked about the impossibility of firing him on day one. i think -- look, there were people placing bets on whether bitcoin or crypto last night, and i think it is a disturbing trend that he tends to take money from people willing to give it to him, and the crypto community has been battered for four years by the biden administration, and they are only too happy to head toward somebody giving them positive indicators. i think the harris campaign has been slower to give positive indicators. as a group, crib for harris, that is engaging on that, but there have been positive indicators from the harris campaign privately. what i think the crypto community has to decide, do you want somebody saying you want to hear but it is not possible? or do you want somebody taking their time and deliberating what the policy shou

, who's attacking you, and i hate elizabeth warren, who's behind gary gensler's attacks.upporter of kamala harris. so this is a wicked uphill battle. it was, from what i understand -- not totally my reporting, mostly, i would say 99% from ellie, my producer it's the brain child of mark cuban, a tech billionaire who's also pretty pro-crypto, anti-trump democrat, anthony scaramucci who lasted 12 days as trump's communications director when trump was president a few years back who hates him now, and they kind of brought this thing together. and ro khanna, who is a congressman, democratic congressman from silicon valley, who all three of them had this pipe dream that you can tap into crypto people who might be voters in this whole thing. kelly: yeah. >> and vote for democrats. so who do the they bring? they got a good crowd. i mean, i give 'em credit for this. they didn't have harris there, she's not showing i, but they got lyle braynard who's a white house deputy, wally -- who's another top white house pensioner adviser on economics, someone named kristine lucius who's harri

you have gary gensler just going full ball, bore into regulating crypto through enforcement. selling but here we are. listen, this is the largest nft platform, openc. they have weird names. taylor: openai. >> any event, wells notice, we should unpack, wells notice is when the sec's enforcement staff alerts a company it has agreed to recommend charges to the full commission. taylor: but it doesn't actually mean charges are imminent, right? >> it usually means it is imminent. taylor: it is? >> doesn't mean definitely 100%, but i give it like 95%. taylor: interesting. >> it should come on pretty soon. the wells process allows the company to go in there and argue. i guess they could say no. i'm pretty sure crypto friendly commissioners like heather pierce will say no, this is throwing in the in the face of mark cube bang, scaramucci, basically saying to the crypto business you guys are out of your mind you think you will come here, trump basically all but said we'll do a safe harbor for crypto. back off the industry. taylor: right. he owns a million dollars of ethereum. he is put

i think gensler treasury secretary is a big deal. think the regulation side as we argued in our notes to our clients is the biggest difference between a trump win and a harris win. deregulation or re-regulation, more regulation or status quo. so to me that's really where the market is will key off of. i go back to 2017, '18 and '19, what trump policies drove the economic landscape, i come back to regulation as being a big driver of almost everything that happened. i don't think tariffs played that big of a role. i don't think fiscal was as important as people thought it was going to be. we didn't see big rises in the debt to gdp ratio, all that inflation from tariffs that everybody thought was going to happen. in fact, inflation was stable to lower those years. so, i really think that the market keyed off of deregulation and the market will once again do that on a trump win. and what we have to learn from the harris administration and the economic advisers that she has is are we actually maybe preparing for even more regulation under

the biden administration is a relationship with crypto because of the crackdown of gary gensler.is what we know per ellie's reporting that attendees to this meeting, and i believe it's on monday, will be top crypto executives, people like brad garlinghouse is going to be there but also national economic advise or brainard is going to be there from what we understand, as well as anita dunn. she was at the last meeting, the one that featured mark cuban. mark cuban is as you know a pro crypto tech billionaire entrepreneur, democrat. she's going to be at this one but now, she's essentially part of the harris campaign and joined a super pack that supports harris so this is very interesting and it is going on on monday. they're looking for some sort of reset with the crypto industry. i doubt that is about to happen. if you read ellie's story on foxbusiness.com, she will go through it. the crypto industry is still very skeptical of kamala harris because of her association with the biden administration and gary gensler. the sec chairman whose announced a crackdown on crypto, so monday is

do we know is gensler going to be treasury secretary. can you break that news here?ell you is that last month i was in nashville, and donald trump was headlining the biggest bitcoin event of the year when he was last in office, he called bitcoin a scam, he had a big about face, coincided with the tens of millions of dollars pouring into the race from crypto companies. and he said during that speech he planned to oust gensler from his post of chair were he to take office. what is interesting here is the fact that four companies are dominating the spend. so fair shake, that package has a $120 million war chest, there are four companies accounting for more than 93% of that cash. these are companies battling the s.e.c., ripple and coinbase have actively been in courtrooms against gensler and so what you're seeing here is it is not necessarily that crypto is an issue that is going to sway voters in battleground states or districts, but they're opening their purse strings and making crypto a part of the conversation by making themselves impossible to ignore when they spend

look at gensler and the treasury. all of the rights of the american people are evaporating in your face in real time. being from pennsylvania, you better vote like your life depends on it because it does. host: good morning, annette from the independent line. caller: good morning. i'm here. thank you for having me. thank you for taking the call. i do believe that democracy is on the line. i believe that the promise of america is on the line with this next vote. the trump administration, the trump candidacy has said that they want to suspend the constitution. they have said that they want to render people indiscriminately to deport them and do a number of things. i think frederick douglass said it best, the problem is whether the american people can be honest enough, loyal enough, honor enough, patriotism enough to live up to their own constitution. i think the promise of the constitution is at stake. i believe that the harris administration will be one that does intend to live up to the promise of the constitution. i

we have to walk in each others shoes and bilo keisler and gensler. >> it is not sure this shift coulde soon. during a season of rough campaign combat. with people saying all is lost of the other side prevails. ♪ >> the end of the democratic national convention marks a major turning point in the battle for the white house. we turn now to the analysis of our guests. it is great to see you both. if you like we did not have time to miss each other. great daddy back on set. for anyone who was not watching every hour of the conventions with us, i want to get your big takeaways. the democrats were rallying behind their ticket. what stood out to you? >> the jubilation. and relief. there were people who were dreading the convention coming up. once the change on the top of the ticket team, you started hearing people from all over the country trying to figure out how they could get tickets. they wanted to be there. they wanted to be part of it. the jubilation is also around the candidate and a party that, people are hungry. they are exhausted by all the negativity and hate. they want to be joyfu

sides, red and blue, have tried to push this narrative forward, and they've run into a roadblock in gensler's not going to change his mind. but the truth is digital payment systems are very efficient. bitcoin's just one of those, and there's many other tokens. but in this idea of digitizing finance is a good idea. i believe eventually it'll be the 12th sector of the the s&p. and i'll be surprised if harris doesn't get onboard with this, because she wants the young voter just like trump is going after them here with these comments. and he made big news at the nashville bitcoin conference -- stuart: sure. >> it's coming. remember, we've got an etf here both in bitcoin and etherium, and every institution i know wants to put a 1-3% weighting on it, but they just don't want to make anybody in compliance unhappy including benzler at the sec which they have to work with every day. stuart: so you would say that trump is best for cryptos and harris has to catch up. that's what you're saying. >> well, right now that's the case, but she's not -- she's going to yet this pretty fast. you know, she just

maria: and that's why they want gary gensler out as well. lauren, thank you.fore hitting bear knew ya. fox weather meteorologist craig herrera. >> it has slowed just a bit. we 40 no longer have a tug up to the north, and that's basically like a jet stream helping to pull it up. having said that, going to slow down and as it does so, moves over bermuda, and that means a good 24-36 hours of tropical storm force winds or hurricane force winds for a good 12-hour stretch in the middle of that period. a lot of rain, up to12 inches of rain. meantime, wig surf -- big surf there as well. alsoal along the u.s. seaboard on the eastern side thanks to the all the wave angst making it up from -- wave action making it from florida up to maine. portions of the mid-atlantic especially sun but also big surf. rip currents up and down the eastern seaboard. we'll continue to track this as it moves up and once that second trough of low pressure moves through, that's going to pick it up and move it out of here, maria, so two forces that'll help to get it out of here. the first one i

historically, people like gary gensler, the sec chairman, why people like gary had rejected it and wantgulate it. no. there's a tension. democrats are now trying to say, no, no, no, we like it too. i think it's about votes. i think the dems want those votes. they want the 40 million people -- stuart: news flash, there's an election. >> shocking! [laughter] stuart: check futures, please. where are we going on this thursday morning? if we're going up at least at the opening bell, inned idea how we're winning to close. >>> the media going overboard for kamala harris and tim walz, and they're painting walz as ad moderate. roll it. >> the idea that tim walz is some lefty is just not true in reality. >> maybe a little more of a cuddly choice. stuart: brent bozell begs to differ, he's in the 111:00 hour. harris says she'll bring down price on day one if elected. >> we believe in a future where we lower the cost of living for america's families. and when i am president, it will be a day one priority to fight to bring down prices. stuart: on day one, okay. problem is she's already in the white h

gary gensler still reins the reality there is not a lot of of liquidity for these companies.nvestors threw good after bad in a lot of cases. they raised hundreds of millions during 2021, during that sort of bull hundred they're at the end of their rope. death comes for us all and it has been knocking on some of these startups doors. charles: wow. 30 seconds to go, what are you looking for from jay powell? >> i think if we're lucky and we're good we'll get a hike. i think it will be .25. i think market will rally it is like three points and will not give us another one this year. charles: once we gets started we won't accept anything less than more, more, more. you know that sarah. good to talk to you. software stocks are kind of bubbling up here. if you look at the chart looks like they're on the cusp of a major breakout. how do you get through particularly when everybody is focused on a.i.? we have perhaps the street's best analyst and he will share the names and how the breakout happens next. ♪. if you have wet amd, you never want to lose sight of the things you love. some

look what gary gensler is, going after the industry time and time again.. if she doesn't come out and embrace it. trump all for the not taxing tips. she's all for it. will she ultimately embrace crypto as an industry? >> i predict, her verbiage will. it's a matter competing for votes she'll adopt a thoughtful position. as an american not a partisan perspective, it's a good thing. we should want great debate in the marketplace of tideas. if i don't agree with all it's a good thing for the country. i challenge kamala harris not just cite pieties and words. say what you believe. what you actually believe whether gary gensler should continue leader of the -- specifics matter a lot. >> you're saying a general position openness is probably all the industry is looking for? it's not partisan. republicans for it, democrats against it? >> should not be a partisan issue. you're seeing a tendency to embrace whatever wins her the most votes. looking at your question, andrew, how do you assess seriousness of that? metric uses how specific she gets on the policy proposal

. >> je recuse myself because i work for gensler and see if we can ;8get a longer name for the projectaybe. [laughter] j. >> commissioner rothschild x7 state why you are recusing your is lf? >> yes, because i work for grensler. >> you okay? >> yeah, i'm okay. >> go >> good afternoon commissioners. thank you. so, today i wi development of the courtyard connector as part ernization project at sfo. our agenda wevisit context and concept we presented in march and get into the exterior development and end up with y of design strategy we will employ moving forward.context and concept review, just really quito quickly revisit-you see a aerial of the airport here lower right, the diane feinstein as now known, and you terminal 1 counter clockwise from terminal 3 and side location in yellow filling in the terminal 3 and international shoulder building. before we get to quickly review what we heard last march when we presented the concept take into consideration those comments as we proceeded to the e building. so, what we heard and took in begin the design aligning with the francisco airport ove

>> jessica rothschild will work for gensler and see if we can get a longer name for the project maybe [laughter] j. >> commissioner rothschild can you state why you are recusing your is lf? >> yes, because i currently work for grensler. >> yeah, i'm okay. >> go for it. on commissioners. th so, today i will be walking through the development of the courtyard connector as part of the madeernization sfo. our agenda we have-we will revisiconcept we presented in march and get into the exterior development c&and end up with summary of design strategy employ moving forward. starting with the context iew, just really quickly wanted to quickly revisit-you see a aerial of the airport here with the lower right, the international terminal ein as now known, and you see terminal ise from terminal 3 and side locatithe court yard between terminal oulder building. before we get started, we want to quick when we presented the concept and into consideration those comments as we proceeded to the development of the o, what we heard and took into consideration was that as we the design aligning with the sa

i currently practice at gensler, a global design and architecture firm, where i also act as a studiofor ilding transformation and adaptive reuse. since the pandemic, i'vet reimagining cities through the conversion of underutilized office buildings, and i've had a prominent voice in the media discussion around what's next for downtown san franciscol experience can bring a valuable my expertise cane work of the help ensure that new projects are visualctnal enhancements to the city, while also being reasonable and practical. in addition to community impacts, i can offer an understanding of the real timeengebeing faced by various stakeholders such as building owners, developers, and organizations. since november 2023,[z i had the honor of serving on the historic preservation commission. my time on the commission has been deeply rewarding. i've learned the importance of coming to hearingsse, how to listen objectively to community concerns, and the an explanatory feedback to better foster dialog. whenmammem excited to take the knowledge and perspective i've gained on the hpc forward with m

i currently practice at gensler a global design firm, where i also act as a studio director and and adaptiveextremely passionate about reimagining cities t underutilized office buildings, and i've had a media discussion around what's next for downtown san franciscofessional experience can bring a valuable perspective to the expertise can help ensure that new projects are vis to the city, while also being reasonable and practical. inition to community impacts, i can offer an understanding of challenges being faced by various stakeholders such as building ownfit organizations. had the honor of serving on the historic preservation commission. my time rewarding. i've learned the importance of coming to hearings how to listen objectively to community concerns, and the value of providing thoughtful and explanatory feedback to better foster dialog. when making my recommendations, i'm excited to take the knowledge and the hpc forward with me to the planning commission to growth while still safeguarding each neighborhood, its people, and. as i've learned on the hpc, i laws, rules and regulations are

rr gensler a global design and architecture firm, where i also act as a director and practice area leaderd adaptive reuse. since the pandemic, i've grown extremelyhrough the conversion of underutilized office buildings, and i've had aominent voice in the local media discussion around what's next for downtownan fra. i believe my professional experience can bring a valuable perspective to the work of the commission. my expertise can he are visual and functional enhancements to the city, while alsoble and practical. in addition to communitf the real time challenges being faced by various stakeholders developers, and nonprofit organizations. since november 2023, i've had the honor of serving on the historic preservation commission. my time on the commission has been deeply rewarding. i've learned the hearings prepared on each case how to listen objectively concerns, and the value of providing thoughtful and explanatory feedback to making my recommendations, i'm excited to perspective i've gained on the hpc forward with me to the planning commission to help shape the city's growth while still

i'm hearing rumors that gary gensler or senator warren, i don't know that is true or not. >> go ahead past, the country has been at its core center or center-right. do any of these proposals she co-sponsored the green new deal. anything she said in the past f she sticks with the progressive wing of the party, which she kind of led or went along with through part of in the senate. obviously, there are some policies that might go further left if she were at the head or not vice president or president. does that ever come home to roost with more centrist voters or do they go full-on trying to satisfy the base? >> the reality is there are a sizeable number of voters who will not vote for donald trump and were looking for a reason not to vote for donald trump. i agree the country traditionally has been center right, for donald trump. i agree that the country traditionally has been center right, although if we have had one -- we now had one republican president for four years since 2008, which might -- it might -- you know, it might change that dynamic or calculous. remember, 28% corporate

>> and do you see a distinction between -- gary gensler was appointed by this administration.in this situation? >> i mean, look, i think we're 90 days out from the obviously from the presidential electoral outcome. and there is a lot of discussion about harris wanting to, you know, build out her own cabinet if she were to win. obviously, we know what president trump would do. but i think, you know, who -- >> do you know what president trump would do? that was the other question i was going to ask you, he's made a whole bunch of statements about bitcoin, went to the bitcoin conference, but i don't know how deep he would even say he is just in fairness on these issues. >> it is hard to know that, obviously. but i think what does seem clear is that a lot of the people around him and his advisers and others have a somewhat sophisticated view on the topic. and so, you know, it is a kind of -- is it a delegation of not authority per se, but of really driving the policy agenda? but, you know, i do believe we have reached a really interesting point where there has been incredible tech

. >> but you got gensler. did you see that? or elizabeth warren? treasury? know. >> and plus, as you say, the policy discussion, much less the personnel discussion, is not really going to be a part of what is going to determine the outcome of this election. i think those of us certainly who sit here in the markets are concerned about that. >> as the -- becky, as the statue of liberty, ten-foot-tall walking statue of liberty. >> and elmo. >> elmo doesn't have a stitch on either. thank you, eric. we're coming right back. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. ♪ i wanna hold you forever ♪ hey little bear bear. ♪ ♪ ♪ i'm gonna love you forever ♪ ♪ ♪ c'mon, bear. ♪ ♪ ♪ you don't...you don't have to worry... ♪ ♪ be by your side... i'll be there... ♪ ♪ with my arms wrapped around... ♪ (man 1) we're standing up for our right to be lazy. ♪ be by

look at beginsler and -- gensler and the treasury.ll of the rights of the american people are evaporating in your face in real time. being from pennsylvania, you better vote like your life depends on it because it does. host: good morning, annette from the independent line. caller: good morning. i'm here. thank you for having me. thank you for taking the call. i do believe that democracy is on the line. i believe that the promise of america is on the line with this next vote. the trump administration, the trump candidacy has said that they want to suspend the constitution. they have said that they want to round up people incriminately -- indiscryptly to deport them and do a number of things. i think the promise of the constitution is at stake. i believe that the harris administration will be one that does intend to live up to the promise of the constitution. i believe that vice president harris has lived her life for the desire of freedom, justice and the american promise. i believe that both of her parents were people that were acade

look at beginsler and -- gensler and the treasury. of the rights of the american people are evaporating in your face in real time. being from pennsylvania, you better vote like your life depends on it because it does. host: good morning, annette from the independent line. caller: good morning. i'm here. thank you for having me. thank you for taking the call. i do believe that democracy is on the line. i believe that the promise of america is on the line with this next vote. the trump administration, the trump candidacy has said that they want to suspend the constitution. they have said that they want to round up people incriminately -- indiscryptly to deport them and do a number of things. i think the promise of the constitution is at stake. i believe that the harris administration will be one that does intend to live up to the promise of the constitution. i believe that vice president harris has lived her life for the desire of freedom, justice and the american promise. i believe that both of her parents were people that were academi