stealey, international cio, jpmorgan chase bank. in terms of an initial reaction to what is a growing euphoria around vaccine expectations, and a resilient economy. iain: it is an interesting dynamic because we have these virus cases picking up across parts of the u.s.. the markets are looking through what is happening with the economic data. we saw good numbers out of the pmi's over the last few days. the headlines around the vaccine would be supported if you get a vaccine in place and allow economies to reopen again or continue to reopen. that is what the markets are looking through what is going on with the increasing case counts across the u.s. at the moment. yousef: we had the fed minutes out in the last few hours, and i look at the five-year tenure treasuries, a powerful story being told in terms of fed officials not showing any readiness to entertain yield curve control, but an eagerness to provide more guidance in the coming months. the fed is not infallible. what is it not doing that it needs to be doing? iain: i think the

candidate who can put out a major infrastructure and climate plan and get the afl-cio and the united auto workers and the internationalrs, as well as the league of conservation voters and sierra club and key environmental groups to all come out and say this is great. that is a candidate who cannot only unite the democratic party but draw independents and republicans as well around a set of solutions that, frankly, are going to drive intense job creation in this country and create more fairness in our tax system. >> the first part of the build back better plan focused on reviving u.s. manufacturing. is the vice president acknowledging his past support of free trade deals that maybe they were wrong because this plan sort of sounds a bit like make america great again. >> well, donald trump has frequently said things like buy american, but actually, the rate of offshoring by federal contractors, that's american companies getting money from the federal government, the rate of offshoring of those companies more than doubled under donald trump. the obama/biden administration actually brought it down. donald trump likes to ta

i'm also going to caveat by saying as cio, my responsibilities were not in the fbi's cyber mission but in the management of the fbi's own internali.t. resources. nevertheless, just the nature of the organization and executive within the agency, there's certainly numerous opportunities to be exposed and work closely with cyber investigative programs while i was at the fbi. the range of cyber incidents that are detected are too many to count. there are adversaries out there who will seek any opportunity they can to take advantage of weaknesses and systems. legacy systems are a very core part of that. both internally within the federal government, the opm breach is a really good example of legacy systems that were vulnerable since they were so dated monitoring them were difficult and wasn't done at the level it should be. you can translate that to a lot of vulnerabilities that the fbi saw at state or local governments subjected to ransomware attacks. many attacks weren't because there weren't solution to mitigate those things but those locations, localityies running outdated systems, hadn't been patched, cyber resources and the res