since it is goldman who is setting it up, goldman knew as the proprietary system, they said, we wantok into this black box and see what goes into the decision-making process just to make sure you are not reinforcing problems we've had with the credit assessment system for decades, frankly. kurt: thank you very much. as we mentioned earlier, this investigation was launched in response to a series of tweets by tech entrepreneur david hansen. one of those tweets said apple offers a credit card that bases assessments on a black box algorithm that six different reps across apple and gs have no visibility into. it is just the algorithm. david joins us now from los angeles. can you explain the process that led you to these tweets from late last week? david: i signed up for the apple card as soon came out. out. soon it came i was excited about the fact that apple was going to launch a new credit card. my wife was excited for the card. she signed up shortly after i did. my application went through just fine and i got a reasonable credit limit assigned to me. my wife showed up shortly thereaft

goldman? goldman: ambassador yovanovitch, you indicated that those same articles in march that included the smear campaign also included allegations related to ukraine's interference in the 2016 election and the burisma-biden connection. is that right? yovanovitch: yes. goldman: so i'm going to end my questioning where we were before which was the july 25th call. and president trump not only insults you and praises the corrupt prosecutor general, but he also, as you know by now, references these two investigations. first, immediately after president zelensky thanks president trump for his, quote, "great support in the area of defense," unquote, president trump responds, "i would like you to do us a favor though because our country has been through a lot and ukraine knows a lot about it. i would like you to find out what happened with this whole situation with ukraine, they say crowdstrike. i guess you have one of your wealthy people. the server, they say ukraine has it." and then he goes on in

for goldman sachs, i don't feel like i'm customer of goldman sachs.sm like i'm a customer of apple. and the fact that apple chooses to use goldman sachs as their implementer for this card is the same thing as though they use foxconn to put their phones together do i go to foxconn if i have an issue with my iphone of course not. i go to apple. this is an apple product and apple owns this fully. >> david, thank you so much for joining us >> sure, my pleasure >> a reminder, goldman sachs in their statement to us said, we have not and will not make decisions based on factors like gender goldman would not provide a guest to us for the show apple declined to comment in any way, shape, or form to cnbc today. up next, we have your last chance trade "closing bell" back in a few minutes. you should be mad at airports. excuse me, where is gate 87? you should be mad at non-seasoned travelers. and they took my toothpaste away. and you should be mad at people who take unnecessary risks. how dare you, he's my emotional support snake. but you're not mad, because you

marty, let's turn to the question of what sort of damage this might do to goldman, the brand, as goldman pivots a little bit into more consumer-facing banking activities away from big investment banking and merchant banking and so forth. >> one thing this makes it obvious that there is a bank behind the apple card and it is goldman sachs. once that all happens, you start to focus on goldman sachs as the bank is regulated and needs to make sure all this doesn't create any bias. it is an algorithm so what it does to goldman, it's going to require them to invest a lot more money than they probably expected in the sense of making sure the technology -- you kind of get all these bugs out of there so that's the part of the process that will affect the overall global investment thesis is higher investment costs as they ramp this up. >> how is it -- how is this credit card going for goldman, apart from this obviously banana peel that they have hit. how's it going and is it material to anything the bank is doing? marty? >> it's been going pretty well when you start looking at the number of custom

exclusive, goldman we talked with the ceo.is bloomberg. ♪ matt: 30 minutes into the trading day. u.s. stocks hit all-time highs as hopes for a trade deal buoy the trade markets. president trump says a deal is so close. president xi does his part for risk sentiment thanks china will lower tariffs further, and continue its path to open the economy in a speech in shanghai. goldman sachs exclusive, ceo david solomon tells bloomberg he is positive about progress on a u.s.-china trade deal. i am relatively optimistic based on the data points. it feels like we will have something instructive. matt: good morning and welcome to "bloomberg markets: european open." i am matt miller in berlin alongside anna edwards in our european headquarters in london. anna: let's have a look at how things are shaping up. 600stocks on the stoxx going downward. we are witnessing a change in the mood from the u.s. session into the european session, not dominating to such an extent of optimism from trade talks. andee things muted, flat negative on the stox

goldman has certain rules and they say they don't even ask mikemike:>> this goldman thing t narrow --say it is notmike>> this goldman thing ist narrow -- i will not say it is not important. but there is a bigger question, as financial companies become more like tech companies, and we mike>> this goldman thing is a t narrow -- i will not say it is not important. but there is a bigger question, as financial companies become more like tech companies, and we use things like algorithms to make financial decisions, that much potentially work better than what we do now. and they say they don't even ask whether it is a male or female apply for the card. but there are obviously pitfalls as well. david: and it could be a black rocks. many things to jesse westbrook. david: and it could be a black rocks. many things to jesse westbrook. balance of power continues on bloomberg radio. we are looking at the world trade organization. this is "balance of power" on bloomberg television and radio. ♪ bloomberg television and radio. ♪ when it comes to using data, everyone is different. which is why xfinity

goldman sachs apple cart controversy.r from steve wozniak on how he got caught up in gender bias accusations against goldman.

what this means for goldman's push into consumer spending.s is bloomberg. ♪ mark: i am mark crumpton with bloomberg's first word news. president trump kicked off new york city's veterans day tribute today saying the nation's veterans wrist everything for us and now it is our responsibility to protect them everyday of our lives. he spoke at the parade organized by the united war veterans council in madison square park. he is the first sitting president to accept of the group's invitation to speak. protesters could be heard with whistles and booing. some chanted, "lock him up." planeavel in chicago, one trying to land at o'hare international airport slid off the runway. the aviation department said nearly 440 flights in and out of the airport have been canceled. none of the passengers or crew members aboard a flight from greensboro, north carolina, were hurt when a plane slid off a runway this morning. the national weather service inches of much as six snow in illinois and up to 10 inches in southwest michigan and indiana. bolivian opposition l

goldman sachs apple cart controversy. we will hear from steve wozniak on how he got caught up in gender bias accusations against goldman. we will bring you goldman quick response. and return of the mac. apple introduces its 16 inch macbook pro at $2400. we will rate function and design. disney was the big winner of the week, signing up 10 million customers in one day for disney plus despite some technical glitches upon launch. disney plus became available tuesday in the u.s. and canada. the media giant's original goal was 60 to 90 million subscribers in 10 years. it is posed to reach that goal sooner. put this in perspective, hbo now, cbs all access, the world wrestling network, these guys have been in business for a few years. none of them have hit 10 million. disney did it in a day. it is an incredible feat. that's why you are seeing a record high. go back to 1974. >> all the technical glitches yesterday, we can brush those off? >> if you only knew how many people were trying to sign up, we cannot plan for this. the big

kailey: how much blame does goldman have to take here?s it just the algo, or is there something goldman can do to fix it? sridhar: i truly believe that apple and goldman, two marquee names in the world of tech and finance, they have become lightning rods over an issue that has been growing for a while. they are trying to figure out the mission creep of tech the important regulatory , factors to make sure it does not come with its own set of biases. computers are supposed to stamp out those errors. but in other ways, are they reinforcing issues we have faced for a long time? that is what folks are trying to figure out. it is not limited to goldman. it probably affects the credit industry. remember, they have not done this for long. this is new for them. that is why maybe they are facing a unique challenge. jason: now to a different sort of investigation. nike announced plans to look into an athlete's claim that she was abused after joining the company's now disbanded oregon project running program. kailey: it is not the company's only chal

goldman sachs controversy.e will hear from the cofounder on how he got caught up in the accusationsrified against goldman. we will bring you goldman-s quick response. return of the mac. apple introduced the 16 inch macro per, starting at $2400. disney was the big winner of the week, signing up 10 million customers in one day for its service. despite technical glitches upon mines. disney plus became available on tuesday in the u.s. and canada. the original goal was 90 million subscribers in five years. it is poised to reach that goal sooner. i got the latest from chris palmeri. perspective,s in hbo now, cbs all access, espn plus, a lot of these guys have been in business for a few years and none of them hit 10 million. disney did it in a day. go back to 1974, this is peak disney. the technical see glitches. we can shrug those off. >> that is what disney was saying. were knew how many people trying to sign up, we could not plan this. they had an incredible deal with verizon between acacia and where 19 million cus

and the name that comes up is goldman because people inside goldman are talking about it. they're also talking about u.s. bank corp.. whether these deals happen or not, i can't tell you. hope i can break it if they do. liz, back to you. liz: well, there aren't too many out there, because scottrade was bought by td ameritrade, so there's not many leavitt, right, charlie? >> no. and there's -- yeah, there's not a lot out there. and, you know, the thing is this business is matured in a major way. now, it may come back in some way, but it has matured. we should point out that e-trade, the last i looked, was off our lows based on our reporting on this. so it got a little bit of a pop -- liz: still down about 8.7 p president. -- 8.7%. >> but still, what i keep hearing and this is from people that are close to people, my banking sources who are close to people inside goldman, is that the name e-trade, that they do talk about this as a potential acquisition in the next year or couple years, and u.s. bank corp. is the other one, so there you go. and, you know, as goldman goes into

goldman sachs has been in china for 25 years.is important that the opening up continues because we would like to own our business and take control of our business, so economic control of our business, so we are watching what is going on in the trade discussions. at this point, it is talking about the financial system. if that occurs, we will own 100% of our business and i would expect it will make more significant investments there. we went in front of our board a couple of months ago with a five-year plan for china. and assuming we could own 100% of our business, that would lead us to put significantly more capital onto the business and significantly increase the people we have on the ground. nejra: how much more capital? david: a significant amount. hundreds of millions of dollars of capital potentially. when you think about the headcount, 200 people in beijing and we could see over the next five years that that number could grow materially. francine: that would be world management? david: our primary client franchise. serve a

seems more heat on goldman than apple. >> absolutely. this card is run by goldman.is goldman's entry into the area, partnering with apple, trying to create this sort of fancy sheen for a card apple was trying to get into this business. what's happening is a pr nightmare essentially with the algorithm. the bigger question, what's happening with the other credit card algorithms and around health care, real estate, around all kinds of results that could be discriminatory. it is an issue around awhile this puts it into sharp relief >> it speaks to the fact that yes, an algorithm involves computers and machines, still has to be a human being that's inputting the code. >> i don't know if it is unintended consequences, they're programmed by people diversity in tech ranks are low. it is not the question that people try to, it is the way the algorithms are designed, they're not as thought out as they should be. everyone assumes the black box on the machine decides everything whatever you put incomes out co it there are so many good examples of bad outcomes here and they grow

current situation have you said to her that more goldman sachs. regulators are looking to the banks a credit card department and not our poll today to mind you but any of the states and also we're broke and that said any potential could be a headache to 40 i phone maker at a time plays a transaction volume in revenue more than doubled from a year ago called to maybe call me a crucial driving factor of growth in the near and medium term as he becomes a part of the company's services engine and it could also set the tone for a macho rumor subscription program that could guarantee a more regular and stable flow of revenues for the company going forward now as a result like to talk to you about the week ahead especially there where you are on wall street we are anticipating remarks by both donald trump and powell what can we expect. investors are in a wait and see mode there is a still some optimism about phase one trade deal with china but the devil is a still in the details and tension turns now to president trump he will be speaking at the new york

the implication is goldman's growth had slowed -- >> goldman's growth had slowed >> what do you make about the way that it's framed, that solom solomon's job was to get it growing? >> it's very market reactive the market like stable income. we were the most recent private partnership. you can make money one year and not the next year and then in five years make a ton of money and everybody's happy. this was started the march into consumer businesses and it was started over the last couple of years. and, you know, we were good partners in that and now he's doing that on his own. our business, again, needs to evolve and always does i commend the efforts to grow revenue. that's always our job. >> let me ask you about this quote from mike mayo goldman sacks was a sachs was a its own success. >> that's an unusually flattering comment from mike mayo >> i think he has goldman stock on an outperform at the current time >> thank you, mike >> look, everybody is always a victim of your success things work and then you don't have the same motivation to correct or change things we stayed in tact

he announced his resignation from goldman sachs.about what the future holds for you in just a moment. let's talk about the future for your country. moody's laced south africa on negative watch. -- placed south africa on negative watch. what will that mean? markets weree markets bullish on the back of the change. they were released -- relieved there was no downgrade. going forward, it does provide the political actors to refocus their efforts on creating the macro economic outlook. februaryt next year in is going to be critical as a demonstration of expenditure, particularly with public sector wages. financew much can the minister change the picture between now and then? about the political world. to push for this consolidation. the something the finance minister can't do alone. the main constituency is the union movement that has helped it to power in toppling him. this is a very tough moment for the country. there was a reprieve on friday when the moody's decision was downgrading the outlook and not a ground -- downgrade of the rat

if you look at something like goldman sachs, a little bit narrower.ll, around $500 million between the high and low estimates. i think it just goes to show the difficulty there is in finding a valuation. the focus will really be in selling to the domestic audience rather than the international funds which will pay more attention to this research. then it will be much more around a case of supply and demand rather than looking at the business fundamentals. that means that maybe they will be able to push the valuations toward the top and estimates. matt: thank you for joining us. reporter's aramco joining us from the company's headquarters in tehran. tomorrow, we will speak exclusively with the ceo of one of those investment banks. goldman sachs leading the group. domestic conversation at 7:30 a.m. u.k. time on tuesday. we are minutes away from the open. coming up, we will look at your stocks to watch. profits of ryanair jump as passengers spend more on extras. this is bloomberg. ♪ we are about seven minutes away from the start of trading across europe.

citi to the other side of that goldman note. the phraseology that goldman uses is interesting. they talk about growth stabilization, not the go-ahead growth. stagnation and they see that as an opportunity to enter long-duration. this comes down to whether trump signs the protest bill. what does he say afterwards? citigroup quite likes dividend momentum in u.s. stocks. oil pairs back its third week of gains. the s&p at the bottom of your screen in green. you have the longest run of gains since mid april. we are closing out the week with a little bit of, i would say, cessation of risk on hostility. nejra: yes. certainly closing out the week perhaps with a bit of confusion as well and that is kind of reflected in equity markets. after six weeks of gains for global equity markets, looks like we could see a down week this week. a mixed picture below the surface. we are also looking really at not much direction from european futures but looking at a weekly loss for european stocks. the dollar holding quite firm. that is heading for a weekly gain. let's talk about china's a chief trad

because goldman can't do all the questioning.when he did some of those spiels people didn't come back quickly enough and provide fox news a nice little section they can play on the news over and over. the goal is not to be -- the goal is to convince people to change their minds, right? so we have to counter him right away. >> okay, president trump has repeatedly attacked anyone who dares to speak up about his questionable behavior labeling them never-trump republicans. that's his phrase. today kent ander w taylor was a if they had a never-trump agenda. >> the president tweeted multiple times about this hearing and he put in all caps, never trumpers. mr. kent, are you a never-trumper? >> i am a career nonprofessional who serves whatever president is duly lected and carries out and i've done that for 27 years. >> ambassador taylor are you a never trumper? >> no, sir. >> what do you think of that, larry? >> well i think they are -- the president tweets out in big bold letters never trumpers. they proved today they're actually all am

does goldman sachs want to play a role?tion, there are lots of compelling reasons why consolidation would benefit strength of european market. it is hard. it is not clear it will happen. i think it would be good for european markets, the capital markets region, if you had more of a european leader, consolidated in some way. orther or not local politics business rationale allows that to happen, i am not sure. i watch it as you do. i think there is an opportunity to strengthen position of players through m&a or consolidation. it may not happen. matthew: mario draghi, i was at his final press conference. he said, we are happy with negative rate experience. christine lagardere expected to throw the same line. are negative rates helping the economy in general, to boost inflation and bring growth? david: when we look back on negative rates, when the book is written, it will not look like a great experiment. i don't think negative rates are bringing the benefit we would like to see. no question, growth in this part of the world ha

officer of goldman sachs.nuary 2017, he became theld trump's appointee as director of the national economic council. and the president's chief economic advisor. welcome to bloomberg. gary: thank you for having me. francine: do you have any insight on how this could end? get aomes after it if we phase one deal? are: first of all, we ho having a trade skirmish. the two countries -- there is a lot of trade still going back and forth. the united states is receiving the goods from china that we need to have a functioning economy, and our economy is functioning well. i hope we get a phase one deal done, and i think it is in everyone's best interest to get a feels one deal done. francine: it has moved, has it not? gary: the supply chains have moved. maybe the countries are too concentrated in one market, and maybe we are seeing more global diversification in the supply chain. in the end, it is probably a good things for -- it is a good getting a supply of goods. francine: if you have a skirmish that lasts 5, 10 years

he got a letter from goldman explaining why. do you not know why goldman says this happened?ill find out. they reached out to us, and we are in dialogue with them, so they can expect to us how the algorithm works. one of the main problems here is an algorithm is a black box. a black box for consumers. it cannot also be a black box for the user, goldman or apple. they need to understand how it works, how it's being applied, and make sure it is not discriminatory and its impact, even if that was not the intent. i have heard it may be a situation where you have a husband and wife, or father and son, where they are both on the same card, but the person responsible for the credit is the father or husband, so their credit rating is different from the other person on the related card. does that happen? linda: i have heard it may be a it does happen but it is not clear what happened here. goldman sent out a notice to its consumers and users saying that they look at each person separately. so it remains to be seen how the card works in operation here. that is what we would get to the

the goldman sachs ceo says growth has lagged as a result.ke with david solomon and began by asking about m&a opportunities. david: we've been investing. we have new investment in our management platform in europe and we are expanding our market share here. if the right acquisition came along, we would certainly consider it, but we see good organic opportunity by growing our people and our footprint to expand our wealth management kit abilities here in europe. europe,re broadly in there's a lot of talk of bank consolidation. there are of course a number of regulatory hurdles, but do you expect a banking consolidation? is it coming for european banks, and does goldman sachs want to play a role in that? david: on the question of banking consolidation here, i think that there are lots of compelling reasons why some consolidation here would benefit the strength of the european hard,, but i think it is and it is not clear that it will actually happen. i do think it will be good for the european market, for the european capital markets region, if y

goldman sachs facing new scrutiny from regulators over a tweet.ions being laid out against the bank coming up next. >>> welcome back time for your executive recap. the headlines you need in 60 seconds. a protester in hong kong has been critically wounded after being shot by the police amid the anti-government protests hog chief executive said the violence of the demonstrators has now far exceeded the call of democracy. >>> jpmorgan ceo jamie dimon says the growing wealth gap is an issue that needs to be resolved he says he thinks middle class incomes have been flat for the last 15 years. his remarks come amid a recent spat with 2020 presidential candidate senator elizabeth warren on wealth in this country. >>> new york state officials are now investigating goldman sachs and their credit card practices. the move comes after a user of the bank's apple credit card claimed the card's algorithm discriminated against women when determining credit card limits >>> the record run by the markets will be tested once again this week with key economic data and

goldman sachs and apple's credit card ensnared in the battle of the sexes. could bad robots be to blame here? coming up, why it's artificial intelligence that may deserve all the credit for setting off this firestorm. >>> could adam neumann's empty c-suite chair at wework soon be filled by john legere? charlie breaks it on new reports churning and the potential impact on not only t-mobile and sprint, but whether legere holds the key to helping the one-time office space sharing darling back into wall street's good graces. >>> protests in hong kong drawing blood. one person shot, another set on fire. the pro-democracy demonstrations raging in the territory have claimed yet another victim. hong kong's stock market. as we head into the final hour of trade, the dow is overcoming the shocking violence. it's currently up but just by nine points. s&p and nasdaq are losing at the moment by five. and 11 points respectively. but on this veterans day, if you think you have heard great veterans' stories already, just wait. check out our green room. we have three purple h

here is in in they have relationship offed on goldman sachs, they have reached out to goldman sachs backused for financial services. >> i was surprised, because women on average have higher credit scores than men. i don't have a problem with this. discrimination is not illegal, a bank, in this case goldman sachs back they can choose what type of credit risk they are attending they are using an algarianalgorithm. >> this is okay for an engineer to program it if we have same income, credit score, and history it is okay for you to have a higher limit than me. >> when you spend all the money you will be first to blame regulators for allowing you to have so much access to credit. banks are dammed if they do or dammed if they don't. >> i am not sure it is legal, we had judge napolitano weigh in, his view seemed to be this is not legal, someone will get in trouble if it turns out that algalexandria--algorithm used g. david: as i believe it is state to state. >> never go against the law, never get in between jonathan and christina. i am backing up. bottom line, this is a great lesson, all compan

coming up on this program, john waldron, goldman sachs president and coo, joins us live from goldmanpact day. this is bloomberg. ♪ alix: this is "bloomberg daybreak." i am alix steel. highs forecord equity s&p futures. up .4%. getting a boost in europe after qualcomm delivered stellar earnings. no doubt that leads to a decline in treasuries. you are seeing a big underperform or in italy. the exception will wind up being .he u.k., the curve steepening additional jobless claims right now. 211,000. slightly higher. all in all, stable, because the rhetoric was at some point you will wind up seeing the impact of the g.m. strike. so far, it does not seem we have seen that impact. the question that comes from yesterday is the bad productivity number we got, what that indicates in terms of margins in wages. romaine: you can see on the jobless grahams -- the jobless claims we are hovering around the 200 day moving average. we are still stable, which i guess could be interpreted as a good sign. alix: jobless claims coming in bang in line with estimates. we want to give you an update on what is

goldman is now working for the democratic majority in the intelligence committee. and about him, "the washington post" reports tonight goldman is slotted to question each witness for 45 minutes, followed by five-minute question sessions for each lawmakers. steven r. caster, general counsel for the house oversight committee, will be the republicans' point man. by assigning a big chunk of the questioning to a committee lawyer and in goldman's case, an accomplished former prosecutor, party leaders are acknowledges just how serious the stakes are. well, let's ask so veteran former prosecutor, u.s. attorney for the great state of michigan. how is it better to have civilian lawyers in these kinds of roles, if indeed it is. >> i think it's much better for a couple of reasons. one is, you know, you often see in these hearings some political grand standing that goes on. politicians are just looking for the sound byte to say something outrageous. whereas someone like dan goldman is just doing his job. he didn't have any re-election coming up. he's not looking to raise money.

and apple cofounder takes on goldman. regulators probe after accusations that discriminates against women. welcome to "bloomberg daybreak" on this monday, november 11. happy veterans day. industrials leading the s&p higher. now taking a pause. the bond market is closed. the bond market in europe see in europe seeing a little trading see -27 basiss points. we are bringing your today's market moving news from all around the world, from hong kong to riyadh to abu dhabi to madrid and bogota. we begin in hong kong. police fired tear gas in the after central district the shooting of a protester increased tension. chief executive carrie lam warned of violence leading to a point of no return, and to restore calm. still anyf there is wishful thinking that by escalating violence, the hong kong government will yield to pressure to satisfy the so-called political demands, violence is not going to give us any solution to the problems hong kong is facing. alix: 20 me on the phone from hong kong is -- joining the on the phone from hong

they manage one of blackrock, goldman sachs has one as well.ou be very successful in a muni structure. the barbell structure sean talked about and the ability to pitch out the rest for these flexible muni funds that -- the long end is cheap but my client only wants to take five years of interest rate risk. using treasuries to take on that risk is something we actively do. alix: we will leave it there. sean carney, thanks for coming in. we have some breaking news. bloomberg has learned louis bacon is closing three funds from his more capital hedge fund. he will return client capital from three of the funds and participate in less trading activities. the flagship funds will keep running partners money. this is a blowout story. it is three decades, the legend of hedge funds, huge winner, particularly in the 1990's coming in and returning client capital. what i feel this signals is how hard it is to make money. how hard it is to make returns. you have negative rates. this is what happens. louis bacon, i never would've thought. mike: i talked before

. >> the credit card created by apple, not a bank >> reporter: but apple and partner goldman sachs are now accused of gender bias software developer and billionaire david heinmeier hansson said he and his wife share assets and income but apple card gave him a credit line 20 times higher than hers, even though she has a higher credit score. >> it seemed very discriminatory i would get 20 times the credit limit, even though our stats were the same >> reporter: goldman said a computer algorithm made the decision when hansson vented on twitter, social media erupted with similar stories. even the man who cofounded apple, steve wozniak, said he got ten times the credit limit his wife got. >> it was so low, i could barely buy a plane ticket and i buy all of his plane tickets. >> i was thinking in terms of assets and income and it's the same for both of us and that should determine your credit worthiness >> reporter: goldman sachs, apple's financial partner, says gender and marital factors are not factors. we look at an individual's income and individual's credit worthiness, which includes fac

goldman, they didn't. they owed appreciation for the support and they were getting getting support and they appreciated that, but there was not -- there wast -- g owed to president trump on that. >> but you understood the upshot of this comment made by both ambassador sondland and ambassador volker to be that president trump believed that ukraine owed him something personally. is that accurate? >> hard to understand but there was a feeling by president trump that he -- and this came out in the transcript -- i'm sorry, this came out in the discussion with the inaugural delegation when they came back to have a conversation with president trump on may 23rd that he had a feeling of having been wrong ukrainians. and so this was something that he thought they owed him to fix that wrong. >> right. but what he -- what he was talking about, as you understood it, because in the context of the conversation, is that what he owed him were these investigations that he wanted? >> that would have been to fix the wrong, ex

and daniel goldman a trial lawyer who spent years prosecuting mobsters. and doug who work would with caster. gentleman, good evening. goldman was on this program for some time, he work withed -- >> introduce me as well. >> he's going to be asking questions for the republicans, rights? how do you know him and what is he like? >> when i worked in the house majority leader's officex he was at the oversight committee. he's worked on so many big issues whether it's performance enhancing drug, irs targeting off conservatives and benghazi. and benghazi, he's somebody smart and focussed, detail oriented and the greatest thing you can be low speed, not wanting to be a part of the story. you can be a big part of the story over the next week or two but if anybody i can think of and folks in and around the investigations, there's no one better that republicans can go to and as you know i've been pretty critical of a lot of republican members and questioning they've been doing. it's a new role with staff in its place but tlirbts best pick they can do. they're going to

and viewers of this broadcast may recognize that familiar face, daniel goldman is a former assistant u.s. attorney for the southern district of new york, who appeared regularly here as a legal analyst. and that pending investigation he mentioned is now over. goldman is now working for the democratic majority in the intelligence committee, and about him "the washington post" reports tonight, gold man is slotted to question each witness for 45 minutes followed by five-minute question sessions for each lawmaker. stephen r. castor, general counsel for the house oversight committee, will be the republicans' point man, by assigning a by chunk of the questioning to a committee lawyer, and in goldman's case, an accomplished former prosecutor, party leaders are tacitly acknowledging just how serious the stakes are. well, let's ask someone who has been in the game. for more on what to watch tomorrow, that's barbara mcquade, veteran federal prosecutor, former u.s. attorney for the eastern district of the great state of michigan. barbara, how is it better to have civilian lawyers in these kinds

on the democratic side daniel goldman and daniel noble both former federal prosecutors in the southern district of new york and then on the republican side steve castor, jim jordan chief investigative counsel for the house oversight committee and, of course, mr. jordan was added in part because of the tough questioning he asked on wednesday. more of that again on friday. capitol police line outside and inside 1100 of the longworth house office building. a reminder this hearing is also streamed on the web@c-span.org, on our youtube and facebook page as well as on our free c-span radio app. you can listen to it throughout the day live on c-span radio. our coverage is getting underway in 45 minutes. we will continue to give a sense of what it is like inside the room as the hearing gets underway in 45 minutes. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations

. >>> after a week of fighting gender bias claims, goldman sachs and apple are wondering whether apple card users will refrain from pulling out the plastic during their shopping sprees this holiday season. we've got the woman that companies turn to, companies like apple and goldman and fortune 500 names, the ones they run to when they need help getting their algorithms to go gender-blind. is the bias real and which companies are fixing the issue best? >>> and despite reports of a stumble on the march to phase one, team trump insists it's two steps forward and none back for a phase one signing of the deal with china. coming up t trade expert who has fought the fight on the ground and with china. amy selico will read the tea leaves on the latest news on the eve of a weekend the deal should have been signed. >>> plus vw is saying good-bye to tesla. taylor swift putting on boxing gloves to fight back against the man she says has silenced some of her music. and the stunning high-priced punishments that have now been doled out in the browns/steelers on-field melee. stocks are on the verge of

goldman. but i knew that ambassador volker was prepping ukrainians for the phone call earlier on, that is, at a meeting in toronto, on july 2nd, mr. volker, ambassador volker had a conversation with president zelensky and had indicated in a phone call that he at that time was going to talk mr. zelensky, president zelensky, through the steps that needed to be taken in order to get to the phone call. >> understood. and you testified earlier that the security assistance had already been frozen, to your knowledge, at least by july 18th, is that right? >> that's correct. >> so that was just a week earlier than this. >> correct. >> so just so we're clear, ambassador taylor, before this july 25th call, president trump had frozen the security assistance that ukraine needed, and that the white house meeting was conditioned on ukraine initiating this investigation, and that had been relayed to the ukrainians, is that an accurate state of play at this time? >> that's an accurate state of play. i at that

does goldman sachs ceo david solomon share the optimism over trade talks? i speak with him exclusively on the european open in just about two hours time, and christine lagarde's debut. herecb's new president uses first speech to call for strength, resolve, and courage in europe, but steers clear of any serious policy prescriptions. good morning. let's take a quick look at the data this morning, getting set up for tuesday's trade. we have a yen that has weekend toalmost 109 -- weakened almost 109. optimism for a trade deal driving the yen up to almost 109. right now, 108.77, driving up the 10 year yield, looking at 1.80 right now on the 10 year yield as investors feel comfortable enough to let go of the perceived safety of u.s. government debt. you see s&p futures gaining once again after we saw new record highs for the dow jones industrial average, the s&p 500, and the nasdaq in yesterday's u.s. trade. it is definitely looking like a lot of risk on sentiment in these markets as we get more and more optimism on trade. still, equities may have even higher to

i don't know i mean, the goldman that i'm talking to is not the goldman that reuters is talking to. >take a moment here to appreciate more members of the u.s. armed forces coming in for this veterans day. you'll see this throughout the morning. we'll get a moment of silence in a few minutes. but it is a special day. veterans day is always a great opportunity. as you proved on friday night. >> well, i just think over and over again, people are saying now, i want to hire these people not because i want to give them a handout, i want them because numbers go higher. that's a new narrative i think general mattis -- a commercial this weekend, people feel these are damaged goods not getting that read at all the read i get, if you hire them, you do better. sometimes you have to retrain because the skills they have may not be necessarily applicable. the people i met at the air force academy, there isn't a soul i wouldn't hire i met a lot of people. i would hire every single one of them. >> i remember doing a story for the journal in the '90s, it was an issue, getting reintroduced to the workfo