ron hubbard. >> scientology means knowledge, or truth, study of. >> reporter: hubbard's elaborate belief system involved an alternate history of the universe, and an unique vocabulary to describe scientology's concepts and practices. >> he is a spirit, and he actually can exist independent of his body. this is one of the more interesting discoveries in scientology. >> reporter: the church's promotional videos highlight its international efforts to, quite literally, save the world. ♪ make a difference >> reporter: what does it do for you, the individual? why would i join? >> well, what you would be told is that you're working to be the better, your better self in all areas of your life. >> reporter: the way leah tells it, her disillusionment with the church traces back to this man. >> my name is david miscavige. >> reporter: david miscavige, who took over the church in 1986 after hubbard died. >> they would call me a word called disaffected, which was that i was showing signs of not being in line with the group. >> reporter: that disaffection has driven remini to join a group of former sc

stan hubbard of hubbard broadcasting has spent his entire career in the media protecting and promoting free speech and a free and accountable press. congratulations to you, stan, and to the entire hubbard broadcasting family. you deserve this award because you earn it every day. i yield back. the speaker pro tempore: the gentleman yields back. the chair recognizes the gentlewoman from ohio, ms. aptur, for five minutes. ms. kaptur: mr. chairman, today i rise to place in the record a ery important story from the columbus, ohio, dispatch newspaper. it focuses on steve new chen, president trump's -- muchen, president trump's nominee, to be treasury secretary and raidses issues of deep concern much according to the dismatch mnuchin -- his aggressive role in hastening thousands of home foreclosures during the financial crisis and what followed -- 2000 financial crisis and what followed and his misdeeds deeply impacted places like ohio. mr. mnuchin was the chief executive officer of one west, which engaged in so-called robosigning of mortgage documents, that means you really don't -- you trea

hubbard, it's good to have you with us.d morning. >> good morning. >> glad we got you to the camera today after some adventures when we tried to get you on in the last hour. i wonder, early on in the primary process, you were not an original backer of trump's, but you found your way to him. how satisfied are you so far with the transition? >> terrific. you know, starting with reince priebus, it shows that he's going to do the right thing. he's picking terrific people. i'm just as excited as can be for our country. >> what are your expectations in the early going? we just had a long discussion about what the market expects from a policy standpoint, whether their expectations are reasonable, how we're going to match those expectations with the timing in policy. what do you think the first half of the year is going to look like? >> well, you've got a guy in donald trump who gets things done. he's not a guy -- he's not a politician. he doesn't stick around and just think about it. and he's got a lot of people on capitol hill ve

hubbard said the feds overstated shelf life.ursuing a will-o'-the-wisp policy aimed at a very short termism and they should be longer termism. a lot of criticism for the fed for not having the funds rate higher. jon: we had a conversation on friday and talked about the labor market report and structurally challenged, that's a job government not the fed. if these guys got a point anti-committee of the federal reserve, central committee, are they drifting toward the kevin walshes of the word. michael: they all agree at this point it is too low. the problem is how fast do you get there? what do you do to the markets when you raise rates? that's a point they make the fed does not take into account financial markets as well as it should. other officials say yes, we have a problem with that. it's not good in our models. we're not sure how to put the impact of market gyration noose there. it's something they have to work on. jon: any idea john taylor would want his own rule? michael: he does want a rule. the problem with the rule you n

. >> i front page of the intelligence err, william hubbard has seen a lot over the years, depression,i, and the civil rights movement. but the oldest resident living didn't see a surprise birthday party coming his way. he turned 103 years old on saturday. yesterday the local american legion post, posted a party in his honor. happy birthday. >> happy birthday, william. that's a look at some of the newspaper headlines from around the delaware valley. >> we have breaking news to tell you about right now in old city. a huge two alarm fire, we have multiple crews on the way. this is picture of someone sent to us few blocks away. the actual fire is burning near second and market. we've gist learned that the builds something six story apartment building, we are told no injuries reported. that is good news. the fire is now again at two alarms, also causing several detours in the area, as firefighters battle this blaze. we will take you to the scene as soon as our crew arrives. meantime, we will be right back. and with the billion pointme!!! giveaway, it's about to get more awesome. to claim y

. >> bret: john hubbard's here in. let's get more on the democratic perspective on the boycott. steve: from tennessee is in the group of lawmakers for said they will not be attending. representative joins us tonight. thanks for being here. why are you doing this? >> several reasons. a large part is to let my district know that they have a voice in washington. my district voted strongly for hillary clinton and they felt that the slight tweet of john lewis, fighting for civil rights and voting rights at the edmund pettus bridge, it was wrong to say he was talk, talk, talk and no action. john lewis is a man of action. he had to do it against his own government to get voting rights and civil rights for that was wrong. that was the straw that broke the camel's back. >> bret: could it be he was not talking about his civil rights record and what he did in the past but what he's doing now to lift inner-city situations across america? and particularly in his district? i'm not reading between the lines here in the president-elect's tweets but they are only 140 characters or less. >> i kno

i'm the trucker you road with in hubbard, ohio. told you a lot of people would be surprised when trump won. take care, my friend. it showed how people are going to judge his had efforts. he certainly made cable news great again but what about the rest of the economy? i decided to go back to one of the places i first started to desiefer the trump equation qua. this was the main topic of election 2016. >> exporting? >> trade. >> one thing i think a lot of it watched is the boxed inventory. if they're making new boxes, that means they're making them put durable goods in, parts for washing machines or toys or anything. and then all the sudden they need more scrap cardboard to make the boxes. >> but when they're making all that stuff, most likely that's -- >> in china. so china's economy is doing well, it's good for america's recycling economy, you'd think. you know. or america's buying stuff, making china's economy better. >> but doesn't necessarily mean america's manufacturing economy is doing better? >> no. >> didn't occur to me to m

ron hubbard.d into volcanoes here on earth and now their spirits roam the planet causing bad things. [ laughter ] christian science is much much stupider. [ laughter ] christian science is a sect of christianity started by a woman named mary baker eddy and they practice under the belief that they don't have to go to the doctor or use medicine. they believe they can cure all illnesses through the healing power of prayer. so needless to say, most of my family is dead. [ laughter ] turns out doctors are wicked important, please go see them. those diplomas were very hard to get. growing up i had a nickname. my nickname was "big trev." it was the most unnecessary nickname i've ever had, cuz i didn't have any other friends named trev. i was the only one. you didn't have to put a size disclaimer in front of my name. [ laughter ] you could just say "trev," i knew who you meant. i get it, i'm a weird-looking guy. i look like what would happen if "game of thrones" and "duck dynasty" had a baby. [ laughter ]

isabel hubbard, natalie portman and others were nominated for best lead actresses. >>> and for leading actor: al, fences, hidden figures, la la land, and moonlight. it's 5-- in the next half hour: a resolution to protect women's health care by any means necessary. the ♪[ music ] >>> 4 minutes before 6:00 and in the next half-hour, a resolution to protect women's healthcare by any means necessary. the plan san francisco politicians are unveiling today. ,,,,,,,,,, directv now! the future of tv is now. [ now echos ] 'now' does not mean now. 'future' is a relative term. nfl sunday ticket, red zone and the nfl network are not included. cbs and showtime, again, not included. most live local stations only available in select markets - fingers crossed. streaming to more than two devices at once is a subject we'd rather not talk about. dvr and downloading on the go, yeah, good luck with that. all other terms and frustrations apply. so why wait? call now. don't let directv now limit your entertainment. choose xfinity and get more to stream to any screen. and i'm kenny choi. we' ll finally get a

potential candidates to head the federal reserve next year, including glenn hubbard

ron hubbard because he said they're nuts stwaeling and perverting the church's original technology.of southern georgia. >> edge registers a resistance to a pulse of electricity. >> church has been known to beset about people doing what i do. that's true. nobody has ever really bugged me but i think it's because i'm out in the middle of nowhere. >> reporter: leah remini no longer practices any form of scientology she says and says wherever disillusioned former members may be it is for them that she keeps going. you're not going away. >> oh, i'm not going away. that's for insure. >> we spoke to the church about leah remini's new show and point out she's paid for her role as the executive producer of this new a&e and dismiss her in harsh terms as a failing actress spreading lies about her former religion for money and for attention. >> as she said in that piece she's not going we aren't but maybe we are for a minute. >>> coming up on "good morning america" we have to pay the bills. commercial breaks. future of high tech and rebecca jarvis checks out the gadgets and trends making headli

. >> reporter: glenn hubbard, who ran president george w. bush's economic council, differed from the right. >> i think there were two very big missed opportunities. the first was a failure by the obama administration to focus on economic growth. but there's a second missed opportunity that's really bipartisan and i think republicans share blame in as well, which is the failure to support work. we need to support work by low- skilled people. and that's not a free lunch. that is a dramatic expansion in the earned income tax credit, particularly for childless workers who would typically be younger men and women entering the labor force. >> reporter: let's take these alleged missed opportunities in turn, starting with continuing inequality, especially for african americans. >> in fact, president obama has put in more policies to try to pull that back, through increased improvements in the e.i.t.c., through the affordable care act. >> reporter: that's the earned income tax credit. >> tax credit, exactly. so that we actually saw more progress on r

we had stan hubbard on earlier, before this show. he is a monster in the media world.is a guy who was talking about ad revenue will follow along with a growing economy. that's good for disney. >> disney again. >> yeah. >> you've seen unusual in disney before. >> right. >> angling for a job there, i think. >> clearly. clearly. >> i already have a job there. >> he already has a job there. >> jimmy, now i've seen multiple firms, almost one after another, come out and either make disney their top pick, a top pick. has the entire tone -- speaking of tone changes, the tone has completely changed. >> you might have money out of time warner. feeling more bullish about espn. ever since then, you felt maybe he has a card up his sleeve. february 10 is his birthday. i think we'll get a resolution to espn by then. >> i'm old enough to remember when all those analysts were downgrading the stock, 15 points ago, six months ago. the longer you're doing this, the longer you realize you want to be a buyer on bulk downgrades after a stock has already been -- >> yes. >> which i think was t

glenn hubbard, john taylor, kevin walsh criticized the central bank for trying to do too much to helpruggling with problems that monetary policy can solve. the three are seen among candidates should president-elect trump decide to not nominate janet for another term. senior republicans have warned donald trump that he faces a risk with members of his own party if he does not punish moscow for hacking the u.s. election campaign. graham said he and senator john mccain plan to introduce legislation for tougher sanctions against russia. he said the measures would hit the country in the financial and energy sectors "where they are the weakest." meanwhile, boris johnson has met with donald trump's advisors. sessions involved steve bannon and jerod kushner. johnson then traveled to washington to visit congressional leaders. the trip comes as britain looks to build ties with the incoming administration ahead of the country's withdrawal from the european union. aiib remainsde a i i open to the u.s. joining, that bank'smessage from the president, speaking exclusively to bloomberg. open, andr is

you got john taylor and glenn hubbard, we talked about them eight to 12 years ago as in the mix withe. they are going to be on the top of the list. commentator on federal reserve policy with market background, now at an academic institution out there at the stanford hoover institution. pretty conventional. but donald trump is anything than a conventional politician, right? thoughtated that he janet yellen and the fed left interest rates too low for too long, yet at the same time you know from -- as a real estate guy that he benefits from low rates, so how do we square that with how we think he might behave? don't know exactly. if you look at the last 70 years of the federal reserve chair appointment, most of them were exactly the people you brought towards the top of anybody's reasonable list of potential fed chairs. every once in a while the president picks a ceo type. those generally don't work out quite as well. if you look at the cabinet , mostlyents so far conventional republican picks. leaning towards those more progressive agendas. it's pretty wide open. i would suspect, howev

glenn hubbard, john taylor and -- thealsh are accusing monetary policy cannot solve.oining us is jane. good morning. when does the market price and the possibility of janet yellen being replaced by someone more hawkish? shehe said recently that intends to stay until the end of her term. is inauguratedmp on january the 20th, the market will start to look for signs about what he might do in the months ahead. foricism of yellen is easy an opposition politician to do but once he is in power and what's to retain the populist vote and he cannot retain the votes of many of the people in the middle of america, he may come around to a more dovish point of view. with very difficult to say certainty that he will definitely want to push her out. matt: nonfarm payrolls now. on friday, numbers came out below estimates that the market seems to think this is going to lead to more rate rises from the fed. how did you read that data? it was not just the headline number that was disappointing. hours worked were also less than what we would like to see and the increase in average hourly

he'll be joined by billionaire gop donor stanley hubbard next. on "squawk on the street" with dow down about 50 points. stay with us. >>> good morning everybody. i'm sue herera. here is your cnbc news update at this hour. iranian mourners paying their respects to the late iranian leader akbar hafsanjani following his death over the weekend at age 82. hundreds and current and former iranian officials attending a farewell ceremony. he was the leading reformer pushing for better ties with the west and the united states. a funeral was held today for one of the israeli soldiers killed during sunday's jerusalem truck attack. the soldier laid to rest during a ceremony at military cemetery in jerusalem. four soldiers were killed, 17 wounded in that attack. >>> millions of commuters facing delays and frustrations as a strike by london's underground workers shut down much of the city's subway network. transport unions are protesting job cuts and ticket office closures citing safety issues. >>> and 16 people were arrested in france in connection with the oc

glenn hubbard suggesting the same thing, saying the fed had overstated shelf life. critical, saying the fed had been on a ride the wind short-termism policy, trying to get unemployment lower while forgetting about inflation. all of these people concerned about where we are going with inflation. get two to's say we three interest-rate increases this year, that is what we are looking for right now. if that happens and one of those three takes over, what do they do to rectify what they think is wrong? mike: that is the issue. none have put a precise number on where they think the interest rate should be right now. the calculation donald trump would make in replacing janet yellen, if that is what he decides to do, he wants to get the economy growing faster, but the fence job is to lean against that. if the economy starts to grow faster, they will raise interest rates. if that happens before his replacement of janet yellen, may be the calculation changes, he want somebody more dovish. it is hard to know. david: you mentioned john taylor's rule, there is a rule on capitol

glen hubbard as well. don't know if greg we look at mike pence there. the new vice president.eople are gaining out the trump agenda. i spent a couple days in washington. i think tax reform is a given. even the liberals and the democrats i spoke to think that definitely happens. then perhaps they attack obamacare. the idea is that they separate obamacare from the tax cuts and reform. even though there's a big tax component of obamacare. i think only then do they get to the fed opponents. and listening to steve mnuchin the other day, i didn't hear a lot of appetite for being aggressive on dodd frank reform. i know they want to do it but i don't think it is very high on the list. and i do not know where to put trade on the agenda. is it something they go after right away? do they have the capacity to do that? i think these the things they're trying gain out. and my take is there will be a legislative pause here. nothing gets done all that quickly. because it has to work through congress. >> we're looking at the vice president and his wife walking along the parade route. by the wa

me, others, have disagreements with congress like glenn hubbard.n ronald reagan ran on them, were called voodoo economics. paper is well beyond voodoo economics. the logic of it, the arguments made, are so far out of the mainstream of any kind of responsible economic thank you -- thinking, that they are the economic equivalent of economicsm or the equivalence of the denial of evolution. [indiscernible] they doubtsay that lackl warming will responsible scientists. so if this paper is a guide to u.s. economic policy, and in practice, i think cooler and more rational heads may well prevail, but the kind of thinking that is implicit in that paper goes beyond any said that has been taken up by any administration. tom: -- dr. bremmer: i think larry just earned himself a spot on the report. tom: we will come back and talk old testament economics of professor summers and ian bremmer. coming up later in the 9:00 hour on television worldwide and bloomberg radio, my conversation with david gura and robin ra .an on the new imf stay with us. this is bloomberg.

what i would do is look to people like john taylor, glenn hubbard, larry lindsay, my good friend andolleague, that people who are sound v a l, ha t of experience no those areas. >> is there a chance he would consider keeping yellen? >> that's happened over and o r over. so whether there's a chance or not, i can't say. i couldn't redistrict. it has happened. >> if the economy is doing well, if interest rates are not excess xcessive -- >> if he keeps yellen and replaces a lot of the fed with more hard money people, how does she run that consensus? as a yellen consensus? does she kind of meet them and shift the ground in their favor? >> i was at the fed for a chunk of time. one thing you see is they're pretty good at working out differences. there's been times when people have been in there with different opinions. right now everyone kind of has a similar opinion. >> one more question. my reporting finds that when it comes to fixing healthcare, there is neither a secret plan nor magic sauce. that the problems or the issues confronting the republicans on fixing this, you either raise the

steve: kind of hubbard up but didn't have it more months.ivate it. steve: now it has a chip in it. ainsley: first woman to run a winning presidential campaign kellyanne conway next. steve: how will trump's speech compare to the likes of reagan and kennedy? lee carter, a pollster is back with a look at history. good morning to you, ma'am. >> good morning, how are you? ♪ stand my ground ♪ and i won't back down ♪ take one of those pillows and take a big smell. they smell really fresh. what if we told you we washed these sheets 7 days ago. really no way downy? downy fabric conditioner. give us a week, and we'll change your bed forever. want more freshness? add new downy fresh protect. it's not just a car... it's your daily retreat. go ahead, spoil yourself. the es and es hybrid. this is the pursuit of perfection. ♪ brian: all right. president-elect donald trump will be sworn in as president of the united states. and giving his first presidential address today. , at noon, eastern time. so how will this speech rank amongst the best inaugural addre