hochul: what a joke.cans now have this crisis in their own state get a couple of months ago, they were saying that there would be no blue state bailouts. that was when it was new york, new jersey, connecticut, and california. today, because no one followed the playbooks that governor cuomo handed them on how to manage a pandemic, we have a isis in the red state florida, arizona, texas, etc. to think -- we now have a crisis in the red states of florida, arizona, texas, etc. it is an embarrassment. a $1 even talk about trillion plan. that is how much should be going to the state and local governments. that is the baseline just for state and local in order to make revenue, 5t billion dollars in additional expenses which continue to climb every day area don't embarrass yourself -- climb every day. don't embarrass yourselves. turn it over to chuck schumer to get the job done. lisa: a lot of economists agree that the states need a pretty big fiscal bailout or some sort of physical support. there is a question a

hochul: that is going to be a complication, too.inly this will be a big stressor for families in new york city especially. there are some places were just walking to school is going to be safer. can you do some thing with neighbors and family to collectively get the kids there together in a different way? to note another option have them on a bus with a lot of other children? that is what we are trying to figure out. we are working diligently to make sure we get that piece right as well. when you think about the pandemic and what this has done to people's psyche and stress levels, when it comes to our kids, it is off the charts. there's a lot of concern. better infection rate is still low in new york city, and we continue to keep those numbers where we are. we will feel more confident. we see a spike start going up, we are not going to feel confident, and we are going to shut it down. tom: very quickly, luke from toronto emails in and goes, how is jack aiko, the pride of buffalo? lt. gov. hochul: we are doing well with jack. it is a

later, kathy hochul of new york. up next, catherine mann of citi.his is "bloomberg surveillance ." ♪ jonathan: the equity market rally going global this morning, surging in china, positive followthrough for the u.s. session. from new york, this is "bloomberg surveillance," live on bloomberg tv and radio. alongside tom keene, together with lisa abramowicz, i'm jonathan ferro. two hours away from the cash open this monday morning, with equities elevated, up 36 points on the s&p 500. we advance a little more than 1%. elsewhere in the bond market, treasury yields bleed a little but higher, up to basis points , still10 year to 0.69% south of 70 basis points. just to round things out quickly , looking at foreign exchange, the dollar weaker against the bulk of g10. 9:45, pmi'sorning, in america. a final read for the month of june. a little later, the ism at 10:00 eastern. the nonmanufacturing ism coming up a little later this morning . -- thee akamai data economic data is going to be really interesting. it seems to me like third quarter kind of got out the

hochul: you're right.e're experiencing a toxic -- if you have fatigue from having to endure the pandemic where people lost their jobs or front-line workers the stress of putting on their uniform and running into the heat of battle every day. the human emotions have been wrought through this. it has been challenging for new yorkers. fireworks every single night and the protests associated with the andtimate fight for reform the governor has been a champion of this way before this. he put new york state in a leadership role where others are looking to us for what we accomplished. there is tension. lost jobs, stress, a lot of anxiety, and the violence is escalating. the governor has offered to work with the local police department, nypd, and bring in the resources of the state police to assist, working with district attorneys, and we are lending. of new york state to try to get that volatile situation under control. we just want to get back to normal, but normal will not happen while there is still pandemic a

works for an ngo based in hong kong for decades it has been advocating for labor rights across asia hochul has been a popular hub for thousands of local and international n.g.o.s but a new law means many are now we considering their options. and very quick take in we don't all want do you mean by somehow may be where foreign forces because we have stuff from overseas under this law we widen the shore like how it will impact even the safety or indeed or why this stuff for us to if we continue to receive foreign funding we have to somehow people here their worst scenario then we may also consider to move to. other countries. beijing has played down the laws impact saying a 1000000 close to strengthen the management of n.g.o.s and are otherwise asians in hong kong. even though is doing clear how the security law will be implemented activist in africa is he'll have to be where the face of rock n roll or. brazil has had the 2nd highest number of reported political risk cases of. the president himself has tested positive but the true number of infections is probably much higher. nothing is the s

it has been f a k for labor rights across asia hochul has been a popular hub for the also soft local and international n.g.o.s but a new law means many are now we considering the options there's a lot of m.b.a. quitting we don't know what do you mean by somehow may be called where foreign forces because we have stuff from overseas under this law we why then sure like how it will impact even the safety of individual staff or why this to frighten us to if we continue to receive for funding we have to somehow p. pair their worst scenario down we may also consider to move to. other countries. beijing has played down the last impact saying in nearly close to strengthen the management of n.g.o.s and our organizations in hong kong. even though is clear how the security will be implemented activists and efficacious here will have to be where they face a rocky road where. i. can take a look now at some of the other stories making news around the world u.s. secretary of state's my comparative says these countries considering having china be smart including the social media tick tock you cited

works for an ngo based in hong kong for decades it has been advocating for labor rights across asia hochul has been a popular hub for also soft local and international n.g.o.s but a new law means many are now we considering options there's a lot of them break with saying we don't know do you mean by somehow may be where foreign forces because we have to start from overseas under this law we are required i'm sure like how it will impact even the safety of individuals to our or wallace to rights for us to if we continue to receive for funding we have to somehow p. pair are the worst scenario then we may also consider to move to. other countries. beijing has played down the laws impact saying you merely plans to strengthen the management of n.g.o.s and our organizations in hong kong. even those do it clear how the security law will be implemented activists and efficacious here will have to be where the phrase a rocky road. was. one of the exodus is just 11 of the most recognizable faces in the hong kong pro-democracy movement and yet my colleague terry marchant began by asking what he thought

based in hong kong for decades it has been advocating for labor rights across asia hochul has been a popular hub for thousands of local and international n.g.o.s but a new law means many are now we considering the options there's a lot of them banqueting you know we all want do you mean by somehow may be called where foreign forces because we have styles from overseas under this law we acquire them sure like how it will impact even the safety of individuals to our or why this to practice for us to if we continue to receive for funding we have to somehow p. pair their worst scenario down me may also consider to move to. other countries. beijing has played down the laws impact saying in elite players to strengthen the management of n.g.o.s and our organizations in hong kong. even those do it clear how the security law will be implemented activists and efficacious here will have to be where the face a rocky road. was i uncertain future it is just about that i want to bring in steve he's director of the university of london's china institute he joins me tonight from nottingham was just o

it has been advocating for labor rights across asia hochul has been a popular hub for thousands of local and international n.g.o.s but a new law means many are now we considering the options there's a lot of m.b.a. quitting we don't know how do you mean by somehow maybe calling where foreign forces because we have stuff from overseas under the floor we why then sure like how it will impact even the safety or in the windows staff or wireless to fret us to if we continue to receive for funding we have to somehow p. pair their worst scenario down we may also consider to move to. other countries. beijing has played down the last impact saying we merely plan is to strengthen the management of n.g.o.s and our organizations in hong kong. even though it's do it clear how the security law will be implemented activists and efficacious here will have to be where the face a rocky road was or one of the most recognizable figures in hong kong's pro-democracy movement is that joshua was speaking with my colleague terry martin and he was defiant about condoms warning but what she called radicals should

it has been advocating for labor rights across asia hochul has been a popular hub for thousands of local and international n.g.o.s but a new law means many are now we considering their options there's a lot of them break with saying we don't know do you mean by somehow maybe call the where foreign forces because we have stuff from overseas under this law we acquired and sure like how it will impact even the safety of individuals staff or wallace to practice for us to if we continue to receive foreign funding we have to somehow people here the worst scenario and we may also consider to move to. other countries. beijing has played down the laws impact saying you merely plans to strengthen the management of n.g.o.s and our organizations in hong kong. even though it's doing clear how the security law will be implemented activists and africans here will have to be where they face a rocky road. to be told reporters are global tech giants like facebook twitter zoom and tick tock all said to be scaling back their presence in hong kong because of this new security a lot of people in the financial

it has been advocating for labor rights across asia hochul has been the popular hope for thousands of local and international n.g.o.s but a new law means many are now we considering the options there's a lot of them break with saying we don't know what do you mean by somehow maybe coley where foreign forces because we have stuff from overseas under this law we owe why then sure like how it will impact even the safety or in the windows to off the wall this stuff right through to if we continue to receive for funding we have to somehow p. pair their worst scenario then we may also can see no to move to. other countries. beijing has played down the laws impact saying a 1000000 close to strengthen the management of n.g.o.s and are to organizations in hong kong. even though is there a clear how the security law will be implemented activists and efficacious here will have to be where they face a rocky road ahead. well in the wake of that new security law being imposed global tech giants have been reviewing their strategies in the territory the short form video talk has announced it will exi

works for an ngo based in hong kong for decades it has been advocating for labor rights across asia hochul has been the popular hope for also soft local and international n.g.o.s but a new law means many are now we considering the options there's a lot of m.b.a. quitting we don't know how do you mean by somehow may be called where for and for this because we have to start from overseas under this law we are required i'm sure like how it will impact even the safety of individual staff or wollaston rights for us to if we continue to receive foreign funding we have to somehow p. pair are the worst scenario then we may also consider to move to. other countries. beijing has played down the laws impact saying in elite players to strengthen the management of n.g.o.s and are all the nice asians in hong kong. even though is there were clear how the security law will be implemented activists and therefore case here will have to be where the face a rocky road. was. and one of those acts of us is joshua wall is one of the most recognizable faces in the hong kong pro-democracy movement my colleague ter