welcome us, treasury secretary, janet yell and met with chinese vice premier lu. hey, in zurich to day, a high stakes interaction at a time where us china relations are increasingly tense. it's the 1st in person meeting for the to with yellen telling lou there was a pressing need for leaders in the u. s. and china to co ordinate on macro economic and financial conditions, and keep their competition from spilling over into conflict. lou, for his part, said he was willing to maintain dialogue. now yesterday vice premier lou was in davos at the world economic forums, annual meeting, selling a message of openness from china to the world's elite trove involved well. first off, the covert 19 situation is normalizing. china has passed the infection, peak, and things are getting back to normal. foremost of society, through the pace of recovery from the peak of infections to returning to normal was very fast, faster than we expected. secondly, normal life and production of fully back to normal hospitality tourism and other consumer areas a back to normal here, some surpris

. >> reporter: treasury secretary janet yell ensays the extraordinary measures he's shaking will allow the government to continue paying its bills until june. if a deal is not in place after that, the u.s. could default on its debt, triggering massive job losses, plunging 401(k)s, and increasing the cost of borrowing. >> i would not be concerned about a financial crisis. >> reporter: for now, lawmakers on both sides are expressing confidence the debt ceiling will be raised before default happens. according to the department of treasury, congress adjusted the debt limit 78 times since 1960, 49 times under republican presidents, 29 times under democratic presidents. drew petri mow, next news, washington. >>> a 13-year-old boy in santa rosa is in critical condition tonight after being hit by a car in a crosswalk. police say it happened shortly after 830 this morning near arroyo sierra circle. the driver immediately stopped and is cooperating with police. officers say there are no signs that drugs or alcohol played a role in this crash. >> crews are searching for a san francisco state stud

the arrival of foreign minister. russia certainly a lateral and then now secretary of secretary janet yelling from us. it's really not quite a coincidence. we might probably thing. there was no coincidence. diplomatic and geopolitical arena now. and i think the americans are realized that if they don't move fast enough, which they haven't done for the past 6 or 7 years, or since 2014, then now they've lost so much grok. so africa as one country. now it's also sending a signal to the rest of the countries that my goodness, we have to be able to, to take a stand alone. if the standard for this is a neutral stance, it can evolve into a choice partnership. but should africa is trying to balance out as much as the partnership between the old west will know western nations and new partners like russia. i don't think it's beneficial for africa to be pushed by the, by the west or by the east to take a position on the claim. i think africans most work through the a, you and the subsidy. the organization echo was cited, for example, to determine what is in the interest of africa in pursuing a dialogue

and the closer they get to me in june, when janet yell and, and treasure department says there's nothing more i can do the more uncertainty that creates the more volatility in the market. and the more likelihood that america could actually default not going to happen to day. it's unlikely to happen in the future, but becomes an issue if they don't actually sort this out in the next couple of months. and their sam, thanks for joining us from washington, dc. and his ellen's prime minister to send her a dance as she's tapping down next month after 5 and a half years. an office, a damn is widely praised for uniting the country of the christ church mosque attack in 2019 a tougher sectional champagne at the beginning. of the crone of iris pandemic, and been credited for keeping the death toll relatively low cost of living crisis, an unfulfilled election pledges have caused some turns popularity to decline in recent months. this summer i had hoped to find a way to prepare not just for another year, but another 2 because that is what this year requires. i have not being able to do that. and so t

will technically hit the de ceiling on thursday but treasury secretary janet yell said extraordinarysures can be taken to keep paying the government's bills until early june. in brazil, the prosecutor general has charged 39 supporters of former president jair bolsonaro in connection with the january 8 attack on the brazilian supreme court, congress, and presidential palace in the capital brasÍlia. the defendants are charged with staging a coup and other crimes. the charges come days after brazil's supreme court announced it would investigate bolsonaro for inspiring the january 8 attack. he is currently in the united states. an iranian-american who has been jailed in tehran since 2015 has begun a week-long hunger strike. in an open letter to president biden, siamak namazi describes himself as having the "unenviable title of the longest held iranian american hostage in history." he was arrested along with his father on a business trip in 2015 and convicted of cooperating with a hostile government. thousands of peruvians from rural areas are gathering in the capital lima to demand the r

we now treasury secretary janet yelling is taking what she calls extraordinary measures for the united states to be able to still pay for the things that needs to pay for before that default deadline. so the white house, congressional republicans they know that there is a lot of work to be done over these next few months if they want to reach some sort of negotiation. those negotiations could get a little bit messy and as we know negotiation between the white house and now this republican led house of representatives could get republicans, are vowing to fight until the very end of this timeline to get what they want while the biden administration is really hoping that these house republicans buckle under pressure when they think of the last seeing and terrible impacts that defaulting on the country's debt could have just on the economy as a whole. >> all right, allie raffa, thank you. still ahead, at the uphill battles, some legal experts believe prosecutors have in convicting alec baldwin for the shooting death on the movie set of rust. plus why the marshall investigating the supreme'

treasury secretary janet yellen is planning to make her first trip to china in, quote, the near future. yelloday. one shared world founder and hacking darwin author jamie metzl joins me to talk more about that. jamie, it's great to see you this morning. thanks very much for being here. and you know, you are among the few who have been pushing for an investigation into the origins of covid-19 and yet meeting after meeting, janet yellens is about to take another one, the issue never comes up. >> it's unfortunate that across multiple to at least two administrations the united states hasn't done as much as we could and should have done to push for a full investigation into the covid-19 pandemic. we need to do more as you know, maria, as we discussed many times, china is doing everything possible to prevent that kind of investigation and until we know how this terrible crisis began, and can assess many f failures we're not able to build the safe future we all would like to inhabit. maria: partly it's the administration tiptoeing around china. they c canceled the china initiative, an fbi initiativ

janet yellen. >> lisa wants to getting here. what is the date calendar of a comfortable transition from yelling to brainard -- from yellen to brainaardcommitted to the job and wants to stay on is the report we have. potentially that could change. i don't think you will see a shift at the treasury until after the debt ceiling drama is over with, so that brings us to at least the fall of this year. >> let's talk about the position lael brainard could fill if she's chosen, the position brian deese has been in, and he's been one of the most vocal about the spr and what the administration was doing with respect to oil. yesterday, chevron reported it will have a $75 billion share buyback plan. the white house doubling down, saying it is an odd way to show the company is trying to increase oil production. is this getting traction at a time when the white house might be working against the market, pushing up prices, with refilling the spr next month? >> the president has been scolding the oil companies for months, so this statement, although it seemed maybe harsh for some in the oil industry, is not a surprise. chevron is coming out with a $

yelling at us? i couldn't hear anything i have one question. the other issue is china j janet here, but zurich, for appearance sake, possibly with the chinese. i'm curious where you land on the debate if they are opening up or not and if they are opening up, whether u.s. and multinational companies should do business there? >> you have to figure out how in the world we will in the economic part of the world do without china. china is integrated in the world economically we allowed it to happen. wto went viral from there. with that said, we have to have the security we need and basically that is the rare mineral oils and chips act and batteries. everybody thinks you get that because you have to source and we have to manufacture what is wrong with manufacturing in the united states we can compete with anybody in the world. we gave it away. let's take it back >> great conversation with senator manchin. there is a contingent out here of politicians who made their way. >> manchin and krysten sinema and senator coons. lots of governors looking for business for their states. >> when