i will begin with hubbard's story. when the rebels arrived at catherine whitehead's plantation on the morning of monday, august 22, 1831, they caught the family and family slaves completely by surprise. the rebels killed richard whitehead outside the house and then killed catherine and several of her daughters. margaret whitehead, the only person turner killed was among the dead. by the time the militia arrived on the plantation, they found the bodies and the whitehead's family slaves. the slaves told the whites they remained loyal to the whiteheads, but one local white identified him as a rebel who he had seen at the battle. the troops from greenville shot him, and he fell dead near the remains of his mistress. the other slaves who remained on the plantation also proclaimed their loyalty to the whites. their innocence. wallace, an old negro man claimed he had shown the most , incredible loyalty to catherine whitehead. will, one of the rebels grabbed whitehead, wall is begged him to spare the life of his mistress. the

glenn hubbard to join us on this afternoon of the fed decision. bloomberg television. scarlet: we are live on television and radio. this is "the fed decides." i am scarlet fu, along with joe weisenthal and tom keene. let's get a day to check. -- data check. tom: very typical fed day. usually we don't do the dow so much but i must admit it is a big deal as we migrate into 20,000 s&p 500, showing the broader market. green on the be read. dollar-y -- 10 basis points down. dollar-yen gyrating. isl soss from credit -- credit suisse is that the desk. hubbard,us is glenn dean of columbus business school , chairman of the council of economic advisers under george bush the younger. i went back and read one of the great speeches in history -- governor bernanke's speech in tokyo in 2003. it cuts to the chase on the dissertation on the part of the japanese -- the goal is to break deflationary psychology. the donald trump break the -- did donald trump break the nation's deflationary psychology? glenn: i think he has done a great deal to do that. the moves we h

police found allen just before noon -- near townsend and hubbard. police reported her missing friday -- saying she suffers from health issues. she was last seen near third and nash. an autopsy will take place in the next few days. the medical examiner will perform autopsies in the coming days as milwaukee police investigate two sudden infant deaths. around five yesterday morning -- officers found a 3-month-old female infant dead in a home near 33rd and lloyd. and just before midnight -- police cause of death has not been released in either case. coming up -- with today's snow... what aaron rodgers says the packers will need more of as they take on the seahawks. thousands of homes' drinking water in milwaukee could be contaminated with lead. the city's plan to tackle the problem. introducing the reuben from subway a sandwich as full of intrigue as it is flavor. some say it was invented by deli owner arnold reuben. others, by reuben kulakofsky during a poker game. and some insist it was hollywood starlet marjorie rambeau in a fit of crazed hunger. ser

police found the body of sabrina allen just before noon -- near townsend and hubbard. police reported her missing friday --she milwaukee police are investigating a homicide that happened saturday night on the citys north side. police say a 44-year-old man was stabbed to death shortly before 9 p.m. near 35th and villard. a 31-year-old woman was taken into custody. no word yet on a motive. cudahy police need your helping finding the man who burglarized a bar over the weekend. take a look at these pictures from j-c's blue collar pub ...on packard avenue. police say this man broke in through back door and broke into the "amusement" machines between 4 there was a few thousand dollars in damage. if you know anything - call cudahy police. a reward is being offered in this case. president-elect donald trump hosting more potential cabinet members at trump tower today. the former rivals he's meeting with - next. plus - enjoying the fresh powder on the slopes. the busy ski agine a world where the holidays are about joy again. where days are filled with magic instead of madness. a

where is greg, hubbard, kevin hassett? >> it where are any of them? it's troubling that the transition team have been getting effectively no advice from genuine economists. >> you are shaking your head. >> you have the mainstream economists on msnbc, they're not walking in and out of trump tower. >> exactly. >> more mainstream economists here on our air than you have going into to meet donald trump. that is a bit of a puzzle and the economy is important here, craig, because one of the things as robert pointed out, you know, puzder said that aca, the affordable care act will leave people with less money to spend at fast food restaurants. higher minimum wages give people more money to spend at fast food restaurants. you can't pick and choose which part of economics you like. it would be useful to have a hassett or hubbard or mancube. >> thank you for that insight. enjoy the weekend. >>> chilling new surveillance video from inside and outside mother emanuel church released in the trial of dylan roof. outside of the courthouse in south carolina and why on

morning a deaf woman was hit and killed in a crosswalk. 54-year-old jackie cole was a fixture at the hubbard place apartments. police say she was hit by this black suv you see there. the driver sped off. witnesses tried to help her and cole was pronounced dead at the hospital. >>> how can they go to sleep? you know? that's a human being. somebody's life that you look. it could have been me, anybody. >> police detectives are still piecing this all together. a special deaf and hard of hearing liaison is on this case. >>> president-elect donald trump is mocking president obama for saying in an interview he would have beaten trump if he had run for a third term. if he was able to run for a third term. mr. trump tweeted prest personally in the important swing states and lost. the voters wanted to make america great again. the president-elect is defending his charitable foundation which is under investigation by the new york state attorney general. in a series of tweets trump maintained the foundation never used donation to pay rent, salaries or expenses and that 100% was given to charity. the pre

bush, glenn hubbard. former obama economic advisor, austan goolsbee. former federal reserve advisor danielle dimartino booth and research fellow tim kaine. we could do a whole hour with you four at least. start with you, tim, did you agree with the fed's characterization of what the economy looks like right now? they're talking about seeing some rising inflation, solid job gains, close to full employment. do you agree how they view the world? >> tough so say. i feel like the rate move was better late than never. i'm happy they finally got the message, when the unemployment rate dropped by a third of a point. this should have happened nine months ago. i think they have erred on the side of stimulus for years. finally seeing them predict, they will head toward normally, which is 3% interest rate in the long term. yes, i'm glad they're here. melissa: danielle, do you agree with that? >> i found it to be interesting, especially comments janet yellen made during her press conference. she alluded to the fact that the economy right now does not need fiscal st

police found the body of sabrina allen just before noon -- near townsend and hubbard. police reported her missing friday -- saying she suffers from health issues. she was last seen near third and nash. president-elect donald trump... set to visit west allis tomorrow - where he'll hold a thank you rally at the state fair expo center at 7:00. we've posted the details on our website-- fox6 now dot com. former presidential candidate bernie sanders will also be in town this week - he has a town hall event scheduled with msnbc today. meanwhile today is the deadline for the wisconsin election recount. green party presidential nominee jill stein lead the effort for the recount. nearly all of the states 72 counties are finished with the recount. wisconsin faces a federal deadline tomorrow to report results for the electoral college. state election officials say more than 2 point 8 million ballots have been recounted. an information session on milwaukee's water will be held 70 thousand households in milwaukee are affected by lead laterals. representatives from various city depar

. >> ernie hubbard is getti ready for a rain. >> not only is he battening down the hatches he's having his house owe boat line secured needs adjustment. the house starts going crazy. >> this week, the tides are high. two years ago a winter storm and king tides collided. parts of highway 101 got flooded out owe. michael st. john is monitoring the weather. >> we have tide over seven feet wednesday. on thursday we've got a 6.9 tide. from experience, we know it can makeup for that. >> the sheriff is sending these weather alerts. drivers, be careful, it will be stormy. >> so let's get to it. when is the rain going to arrive? spencer christian is tracking two storms. spencer? >> you can see clouds are increasing and you can see clouds will be thick tomorrow morning. clouds continue to thicken and we see light showers developing that pattern continues into wednesday morning. a storm of light intensity, mainly a north bay storm across the north bay. sprinkles elsewhere, but a stronger storm is coming in on thursday. and that ranks two, and will intensify from thursday morning into thursday eve

. >> ernie hubbard is getting ready for a rain. >> not only is he battening down the hatches he's having his house owe boat line secured needs adjustment. the house starts going crazy. >> this week, the tides are high. two years ago a winter storm and king tides collided. parts of highway 101 got flooded out owe. michael st. john is monitoring the weather. >> we have tide over seven feet wednesday. on thursday we've got a 6.9 tide. from experience, we know it can makeup for that. >> the sheriff is sending these weather alerts. drivers, be careful, it will be stormy. >> so let's get to it. when is the rain going to arrive? spencer christian is tracking two storms. spencer? >> you can see clouds are increasing and you can see clouds will be thick tomorrow morning. clouds continue to thicken and we see light showers developing that pattern continues into wednesday morning. a storm of light intensity, mainly a north bay storm across the north bay. sprinkles elsewhere, but a stronger storm is coming in on thursday. and that ranks two, and will intensify from thursday morning into thursday eve

her body was found just before noon -- outside a home near townsend and hubbard. police reported her as critically missing yesterday -- saying she suffers from health issues. an autopsy will be done to figure out what caused her death. milwaukee police are investigating what led up to the sudden deaths of two infants. these are two separate cases. the first was just after five this morning. a 3-month-old girl was home near 33rd and lloyd. then around 11... a 5-week-old girl was found dead in a home near 51st and north. autopsies are scheduled in both these cases in the coming days. a 66-year-old man is killed in an overnight crash in milwaukee. it happened before midnight -- in the area of 12th and hadley. police say the victim was driving the car --- which was struck by an s-u-v. the 31-year-old driver of the s-u-v stayed on scene and is cooperating with the investigation. their squad was struck by another car. it happened just before two this afternoon near layton and loomis. police say they were on patrol -- when an 18-year-old driver lost control -- crossing o

hubbard: nasa's budget hit a huge spike, almost 5% of the federal budget.rator: those days are long gone. now a new generation of entrepreneurs is reaching for opportunities and profits in space. but this new space era carries major risks and costs. greason: if we fly in space enough, people will die. narrator: coming up, how the big, bold ideas of silicon valley and reshaping america's next frontier.

police found the body of sabrina allen just before noon -- near townsend and hubbard. police reported her missing friday -- saying she suffers from health issues. she was last seen near third and nash. about a deadly warehouse fire in california. and a jury has found the man accused of killing a former new orleans saints player -- guilty of multiple charges. jessob is in the newsroom with details. yesterday - jurors deliberated for more than five hours -- ultimately finding cardell hayes guilty of manslaughter. last april, hayes shot former n-f-l player will smith seven times in the player will smith seven times in the back, killing him after a traffic dispute in downtown new orleans. smith's wife was also shots because smith was drunk and violent...and had grabbed a gun. he faces a possible sentence of up to 40 years in prison. investigators with the bureau of alcohol, tobacco, firearms and explosives have their completed work at the scene of a deadly warehouse fire. 36 people died in the blaze last weekend. more information is expected to be released today. on friday

police found the body of sabrina allen just before noon -- near townsend and hubbard. police reported her missing friday -- saying she suffers from health issues. she was last seen near third and nash. meanwhile... milwaukee police night on the citys north side. police say someone stabbed a 44-year- old man to death... a little before 9:00 pm... near 35th and villard. a 31-year-old woman has been taken into custody. no word yet on a motive. and right now - cudahy police need your helping finding the man who burglarized a bar over the weekend. take a look at these pictures from j-c's blue collar pub ...on packard avenue. police say this man broke in through back door and broke into the "amusement" machines between 4 and 5 a-m yesterday. there was a few thousand dolar if you know anything - call cudahy police. the department is offering a reward. coming up - a jury reaches its decision... in the trial for a man who fatally shot n-f-l star will smith. what he's been convicted of. plus - snow snarling traffic in the twin cities area. how many crashes the minnesota state pa

police found the body of sabrina allen just before noon -- near townsend and hubbard. police reported her missing friday -- saying she suffers from health issues. she was last seen near third and nash. autopsies are also pending for two sudden infant deaths in milwaukee. officers found a 3-month-old female infant dead in a home near 33rd and lloyd. and just before midnight -- police found a 5-week-old infant dead in a home near 51st and north. a cause of death has not been released in either case. do you remember the first book your parent read you as a child? that experience is an essential part of growing up. but what happens when the parent is not there, because of a big mistake. fox 6's ashley sears with how out on that critical connection. nats: monica reading it's been said-- we read to know we are not alone-- nats: monica reading bonds can be strengthened through page turns-- love shared through a good book. nats often the words of a mother bring comfort to a child-- nats: mon any given night you see esperanza alicea listening. most times she reads the story bac

guests include glenn hubbard and former richmond fed president -- this is bloomberg. ♪ mark: happeninght now here in london, brexit secretary david davis is answering questions from lawmakers on the brexit committee. big headlines -- the u.k. and eu , he says, must agree on the broad shape of the final deal , before the exit starting talks on transitional arrangements. he is setting up the options he is considering for a future trade deal with the eu. he told lawmakers he is open to negotiating a transitional agreement as a kind of bridge to smooth the impact of the u.k.'s departure, and that represents the most detailed public statements so far of how the government sees the negotiations unfolding. davis has also said we could trigger article 50 before march 31st, but the best outcome brexit deal cannot be done in six months. you can watch the full remarks on the bloomberg at live go. down for ansat exclusive interview with bloomberg about a climate change task force set in motion by leaders of the g-20. his thoughts on the company's profoundly affected by climate risk up next here on

. >> she lived here at hubbard place. people here knew her. they didn't know her by name necessarily. they said she was a sweet woman. she was in her 40s, african-american. they say she was deaf. she was walk this morning down 14th street. we're in the 3500 block of 14th street. about two blocks north of here she was walking in the crosswalk when she was hit by a dark-colored suv. metropolitan police department has indicated they'll put out a picture of the dark-colored suv. they believe it has damage to a right headlight or to headlight. some people who saw it told me it seemed to speed up and continued on. d.c. police are asking for the public's help in finding a dark-colored suv with damage to a front headlight. so that they can try to find the driver and figure out what happened. for a couple hours, 14th street was closed while this was investigated. that's the latest from the scene at otis place and 14th street. chris gordon, back to you. >> thank you. >>> new details in the investigation of a deadly police-involved shooting in the distri

bush al hubbard.s all comes on donald trump focuses on rounding out his cabinet with nominations. here are the last two to fill, secretary of agriculture and the secretary of veterans affairs. blake burman is standing by live in washington, d.c. to give us the latest details on not just trump's meetings today, his celebration plans tomorrow and this breaking news where he's complimenting vladimir putin. >> reporter: yes. and the president-elect, liz, he will have one final holiday weekend at the florida transition headquarters, that being mar-a-lago, before he makes his way back up your way in new york for the final weeks of the transition here. the interviews are continuing today, a little bit of a quieter day, but there are still several key cabinet slots to be filled. among them, the head of veterans affairses and the the president of agriculture, and several of the folks who have been walking into mar-a-lago or who are expected to in the next few hours appear to be folks who could be on that list

catheri catherine hubbard. chase kowalski. jessie lewis. james matioli. grace mcdonnell.marie murphy. emily parker, jack pinto. noah pozner. caroline pervidi. jessica ricos. avielle richmond. lauren russo, mary sherlock. victoria soto. benjamin wheeler. and alison wyatt. we will remember them. we'll be right back. re close to the people you love, does psoriasis ever get in the way of a touching moment? if you have moderate to severe psoriasis, you can embrace the chance of completely clear skin with taltz. taltz is proven to give you a chance at completely clear skin. with taltz, up to 90% of patients had a significant improvement of their psoriasis plaques. in fact, 4 out of 10 even achieved completely clear skin. do not use if you are allergic to taltz. before starting you should be checked for tuberculosis. taltz may increase your risk of infections and lower your ability to fight them. tell your doctor if you are being treated for an infection or have symptoms. or if you have received a vaccine or plan to. inflammatory bowel disease can happen with taltz. including wo

al-hubbard one time economic advisor in the george w. bush white house.ll part of the official schedule. the highest profile guest today though at mar-a-lago was the world famous actor and model fabio. that's who mr. trump was hanging out with at the end of the day. tomorrow night though he is going to have 800 guests over for a glitzy new year's eve party in the grand ballroom. we saw them setting up for it last anytime. it looks like it is going to be quite a spectacle and up to trump tower which he is going to call home for just the next two fridays, ed. >> peter doocy he totally gets it as well. peter, happy new year. ♪ >> and now it's time for twitter storm. our nightly forecast of social media's most powerful weather patterns. you remember lindsay lohan from heir hit movie mean girls and well other stuff. >> only schooled. that's really interesting. >> thanks. >> you are like really pretty. >> thank you. >> so you agree? >> what? >> you think you are really pretty? >> well now lohan says she is like totally eager to make a sequel to the movie. but,

it is quite old—fashioned, you are writing down, mrs hubbard has had a new knee.e and they can monitor alex on a click, what medication they have been given, who is their doctor. we hear all the time, the hours doctors are working under pressure they are under, this is technology giving them a helping hand. does it make sense, tom? it makes great sense. it is critically important. the problem with medical devices, you cannot test them. you cannot study people and cut them open and stick new hibs in to see if they work. so those hip cases in 2010. we don't have good information about the success rate. people don't track what they have got inside them. anything that can help with that would be very helpful in overcoming the inherent problem we have with medical devices in that we are unable to test many of them before we use them, the way we test drugs. the male has a story, the christmas recycling shambles. it is a waste of time if you are putting your wrapping paper, your glitter covered wrapping paper and cards in recycling. it cannot be recycled, so you have was

catherine hubbard. chase kowalski. jesse lewis. james mattioli. grace mcdonnell. anne marie murphy. emilie parker, jack pinto. noah pozner. caroline previdi. jessica rekos. avielle richman. lauren rousseau mary sherlach. victoria soto. benjamin wheeler. and alison wyatt. we will remember them. we'll be right back. ♪ ♪ ♪ how else do you think he gets around so fast? take the reins this holiday and get the mercedes-benz you've always wanted during the winter event. now lease the 2017 gla250 for $329 a month at your local mercedes-benz dealer. here you go.picking up for kyle. you wouldn't put up with part of a pizza. um. something wrong? so when it comes to pain relievers, why put up with just part of a day? you want the whole thing? yes, yes! live whole. not part. aleve. topping this hour, breaking news on the trump transition, closer scrutiny on donald trump's two grown sons, the ones who were supposed to take over the running of his business and leave the running of the government to their father. let's go to cnn's phil mattingly at trump tower. what are you learning tonight, phil?

we have a full roster of economists from bill gross to glen hubbard and alan to weigh in on the firstn more than a year. this is bloomberg. ♪ joe: "what'd you miss?" another step to tighten and reduce capital outflows, i sat down with bloomberg have you columnist kris balding of the concern of china's outflows. christopher: we will see $925 billion worth of outflows out of china. there's probably about $340 billion of netrd outflows we're seeing this year in dollar terms that's not showing up in off-shore centers like hong kong and taipei. this is a big concern and every month it seems like they're releasing some new capital tightening measure that simply isn't having the impact that people expect it to have. the primary concern should be that even though they've been releasing these measures on a near monthly basis it really hasn't made much of a dent and in fact we'll have almost another trillion dollar outflow in 2017. joe: where does it go next? strongle capital outflows or is there another policy approach that could actually work to stem the underlying causes of the outflows? chr

other people named, glen hubbard, jerome powell, richard fisher, cnbc contributor but also fed presidentllison, outspoken head of bb&t who called for abolishing the fed but said he wouldn't mind running it. 46% think that trump's appointees to the fed are likely to support faster rate hikes than the current pace. 5% say have interesting for a fed president -- for a president to want the federal reserve to hike rates faster. usually they don't. one other thing on the issue of should the fed follow a monetary policy, something that is rejected by the current federal reserve. 84% of our respondents say no, they should not, which is something that i think kevin is in favor of. >> it seems to me the cabinet picks have been very conservative. >> really? >> if he tends to be the same person when the opportunity comes up to replace the federal reserve, he would go with somebody more conservative. >> what is conservative mean in that context? >> in the world of economics, you don't think there are conservative economists? >> you mean a person who would want higher interest rates, what does that m

when hubbard will join us this afternoon. right now, jean-claude trichet, and in new york, dr.start with you and with this chart before we go to jean-claude trichet. the idea of the ultra as vice-chairman fisher has spoken of -- how rare it is that we have been restrictive moving above the great moderation. it is a rare event, isn't it? peter: it certainly is. this is a trend that is about to reverse, and this notion of restrictive -- i would call it becoming less accommodative, normalizing. i do not think of us as becoming really restrictive until the fed has moved above neutral on fed funds. the neutral rate has come down quite a bit. . think it is headed back up if indeed mr. trump is able to get the supply side of the economy going again, the long-term neutral level of the fed funds rate is going to be rising. that allows you to see more increased before you become respective. i do not think you become really restrictive until you have the economy back to full employment. to the that inflation has risen significantly above the fed's target. tom: this is so delicate, mr. tri

bill gross, hubbard will always in on the first rates move in a year.mnuchin of may phase tough court -- may face tough questions on how he ran his bank. this is bloomberg. ♪ david: this is "bloomberg markets." steve mnuchin it is a pick to be next secretary of treasury. if he is chosen, he will face tough questions about he -- how he ran his bank. more on his legacy. our reporter joins us with more on his reporting. let's talk about the investigation. steve mnuchin randall one west -- ran one west. what is huddle looking at? >> this centers on a division of the bank that mnuchin ran. it was financial freedom and is specialize in reverse mortgages. they serviced 90,000. their job is to collect the money from borrowers when it comes due and foreclose if they need to. the allegation that hud is were they properly keeping track or if they followed all the rules to get reimbursed from the government for their expenses. vonnie: reimbursements from the government but not mnuchin? the only person not the government involved is one west. they are filing insuran

hubbard and sungupta saying feuding in syria and united nations underlineup complexity f forces on thereceive support from range of opposing agenda often clash. there was an initial deal to remove civilians and fighters districts in the area. the implementation has been hamp the by parties who oppose deal and have residents of other besieged communities evacuated, well. the deal within united nations monitor to observe the after ion process consultation with interested parties, which means the turned downcount be by soldiers and milittia on the ground. repeatedly said they sought theer and he government permission to be president during the evacuation rocess and they have not received it. edinburg, virginia. hi. aller: hey, how are you this morning? host: fine, thank you. go ahead. aller: all these liberals are whiners. they whine if it was done by the by the vote and he won popular vote, they would be whining about that. put inctoral college was place by people who had some founding fathers. , small dn't have that states would never count. ever havee that would any -- in this election

when we were in hubbard, ohio, with the truck drivers, i shared all these stories with you over the courseot think people care about age, if they're 60, 70, or 80. they want somebody to listen to them. >> except i think joe is right about one thing. i think obama provided -- a young guy like obama provided tremendous cover for all of the problems and all of the decay that was going on in the democratic party. i keep wondering if between now and then there will be a non-bernie populist midwestern guy who is somehow under the age of 50 who can come out of the democratic party. >> it could be -- jon meacham, when i was writing the column yesterday, i couldn't help but be struck by, again, as we said, history, the echoes of history. and as i was writing all of this, it reminded me of what you and i discussed about all of the columns in the newspapers the day after goldwater's massive defeat. people talking about the end of the republican party for a generation. and yet two years later, the reagan revolution starts in earn stz in california. >> it was scotty reston, the day after, conservatism