>> the new lead eer janet yelle is on the dubbish side of things. she's got a herd of cats she's got to deal with and try to figure out how to come to a c e cocome compromise. >> we don't see inflation yet so do we have more time before we need to do anything? >> janet yellen is looking at a economy that's recovered a little bit. there's no sign of inflation. on the other hand what they're doing right now is extraordinary. i don't think they really felt comfortable doing these extraordinary things the and they'd like to stop doing them as soon as they can. >> we know in washington the two sides of the aisle have not had many things that they have had in common. it looks like we could get some sort of a small budget deal. if you have murray on one side and paul ryan, the congressman. if the two of them can come up with something, even if it's a small deal, what would that do to economic growth in the first half of next year? >> certainty is never good for the economy. uncertainty driven by policy. it's certainly not good for the economy. i feel quite

now janet yell len will be taking over. >>> this evening it's official. the senate passes the paul ryan budget deal. now it goes to president obama's desk for his signature. it's a big victory for paul ryan, and he will join me tonight and talk about fixing the most controversial part of the bill, that being cutting some pension benefits for disabled veterans. we're also going to ask ryan if the stage is set for him to run for president in 2016. don't forget about the continuing obamacare disaster. today's problem comes from the insurance companies on the federal exchange. they say the administration is forcing them to retroactively cover people wo don't sign up in time, and they may not be able to make it happen. >>> a day after these angry tech ceos complained to president obama's face about nsa snooping, it now look like some changes are already in the works. all those stories and much more coming up in "the kudlow report", beginning right now. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." we live here at 7:00 p.m. eastern,

now janet yell len will be taking over. >>> this evening it's official. budget deal. now it goes to president obama's desk for his signature. it's a big victory for paul ryan, and he will join me tonight and talk about fixing the most controversial part of the bill, that being cutting some pension benefits for disabled veterans. we're also going to ask

and also the way in which larry summers supporters apparently would say things like janet yell yellenounded like sexiest dog whistles. and hold on, enough is enough. she is great and knows what she is doing and protected crises in the past. how good does she have to be in order to get the job she is in fact qualified for. >> any women to watch for 2014? >> hillary clinton. >> hillary clinton? that's a safe one but a strong one. >> we have seen a lot of really great state representatives. i hope wit mer from michigan, i hope she considers using her platform. wendy davis obviously running for governor. >> right. and running off all the national attention. thank you for being here. appreciate it. >>> coming up, we have a fictional holiday that not even senator rand paul could resist. stay with us. tide pods three-in-one detergent. pop in the drum of any machine... ♪ ...to wash any size load. it dissolves in any temperature, even cold. tide pods. pop in. stand out. pop in the drum of any machine... ♪ ...to wash any size load. it dissolves in any temperature, even cold. tide pods. pop in.

the chamber, this morning, also voted to advance janet yell less -- yellen to take over.she replaces ben bernanke. a vote on her nomination is scheduled for monday, january 6th. for more on congress' agenda following the christmas recess. we spoke earlier with the capitol hill. -- reporter. >>> david hawks -- mr. durbin proposed carrying over the nominationings that didn't get voted on in the past week until the new year. he was rebuffed by the republicans in is usually sort of a plain old -- courtesy that few people notice. it suggests that the republicans have not lost their sense of anger. >> you are writing about in 2014 a appropriations process. the headline at rollcall.com "now the hard week, three weeks to apportion $1 trillion ." looking ahead to the next three weeks. what is the number that the house and senate have to work with? the $1 trillion and $12 billion. that looks on paper the senate didn't pass any of them. the house only passed a handful. what it means is every single spending decision for the final two-thirds year is being rolled to the one enormous b

. >> i took a double take, i ran into the bedroom yelling at janet that our noechls had returned -- gnomesad retur [ laughter ] >> reporter: with the gnomes safe, frank put out a new sign that says more than just thanks. >> the sign says their faith in humanity has been restored. but for this family, something else has been restored that they lost. and that was the joy they felt with christmas. that joy waned when carolyn died. >> we really haven't been celebrating christmas. it's just been too difficult. >> reporter: when someone returned empty o mementos so connected to their daughter, so returned the christmas spirit in their home that had been missing for two years. >> maybe carolyn was in her way saying okay, stoch grieving and get on -- stop grieving, and get on with christmas. >> reporter: exactly what they will do. >>> pope francis celebrated his first christmas eve mass as pope. he placed the statue of the baby jesus in the display, a sign usually performed by an aide. tomorrow, he will deliver his christmas message from the balcony overlooking st. peter's square. >>> we have had

janet yelle reserve. the holidays are approaching so just how much pressure is there on congress to get this bill to keep the folks here. they should not book their planes home yet. >> this deal doesn't address the debt few short months. >> joining us live from washington d.c., lisa thank you very much. >> turning to the weather right now, pretty quiet across the country, but it could be the calm before yet another big storm. let's find out how big. >> we're right about to head in into the christmas and new year holiday. 30% of the country will be traveling. in the calm before the storm why not actually make some tips and plans. first of all don't be this guy that hasn't wiped off the car and blowing all the snow on to the car behind him. brush off the car. that can cause a dangerous situation for everyone on the road. i used to live in minnesota. i'd get a big rubber made and fill everything up, put it in the trunk in september, take it out in march and it was easy. this time of year can really the cold

a ran into the bedroom yelling at janet. >> she said no way, i said yeah way. >> reporter: frank putut a new sign that says more than just thanks. >> the sign says their faith in humanity has been restored but for this family something else has been restored that they lost. that was the joy with christmas. that joy waned when carolyn died. >> we haven't been celebrating christmas, it was too difficult. >> reporter: when someone returned mementos so connected to their daughter, so returned the christmas spirit in the rossisini home, that's been missing for two years. perhaps the theft was worth it. >> maybe carolyn was in her way, saying stop grieving, and get on with christmas. >> reporter: exactly what they, and the gnomes will do. in concord, ken pritchett, ktvu, channel 2 news. >>> and the daytime highs today, they got up there. we had some records too. a record in san rafael. we had a record in mountain view as well at 71 degrees. gilroy had a record as well. they're not picking it up on this map. 71 in livermore. tomorrow, just about the same, numbers are going to be right there

a ran into the bedroom yelling at janet. >> she said no way, i said yeah way. >> reporter: frank put sign that says more than just thanks. >> the sign says their faith in humanity has been restored but for this family something else has been restored that they lost. that was the joy with christmas. that joy waned when carolyn died. >> we haven't been celebrating christmas, it was too difficult. >> reporter: when someone returned mementos so connected to their daughter, so returned the christmas spirit in the rossisini home, that's been missing for two years. perhaps the theft was worth it. >> maybe carolyn was in her way, saying stop grieving, and get on with christmas. >> reporter: exactly what they, and the gnomes will do. in concord, ken pritchett, ktvu, channel 2 news. >>> and the daytime highs today, they got up there. we had some records too. a record in san rafael. we had a record in mountain view as well at 71 degrees. gilroy had a record as well. they're not picking it up on this map. 71 in livermore. tomorrow, just about the same, numbers are going to be right there with te

i ran in to the bedroom yelling at janet that they had returned. >> wake um up. >> she said no way.d yeah way. >> reporter: with them safe he put out a new sign that says more than just thank you. >> the sign says their faith in humanity has been restored but for them something else has been restored that think they lost. that was the joy they felt at christmas. that joy left when carolyn died. >> we haven't been celebrating christmas. it's just been to difficult. >> she was a big part of it. >> reporter: when someone returned items so connected to their daughter so returned a christmas spirit in the home that's been missing for two years. it's worth it maybe carolyn was in her way saying okay, stop mourning. get on with christmas. >> reporter: exactly what they and the gnomes will do. in concord. channel 2news. >> a christmas eve toy give away was interrupted early this morning after the man playing santa was shot with a pellet gun. he is okay but it was all caught on camera. >> merry christmas -- someone just shot me. >> he was shot with a pellet gun. he was being interview by a t

i ran into the bedroom yelling at janet, our gnomes had returned. >> wake up! >> she said no. said yes. >> they put out a sign thanking whoever brought back the gnomes and said their faith in humanity has been restored. >>> a charity in vallejo received a helping hand. wrapper e-40 grew up in vallejo and troped by yesterday to spread some holiday cheer and i gave out -- and gave out bicycles and presented the charity with a check for $10,000. the rapper whose name is earl stevens said he made the donation because of the tough sometimes many in the city are facing. >> when you need food clothes, when times are hard, during hardship, this is the place to go. they always extend a hand. you know, the community comes together and they all pitch in. >> the salvation army said that it was facing a shortfall this holiday before stevens called up to offer his donation. >>> well, the nfl may own thanksgiving but christmas is about the nba. tonight, the golden state warriors are going to host the clippers at oracle. the warriors are coming off a victory against the nuggets. it was their

janet particular, they will -- genetics they will weigh up to 800 pounds as adults. >>> and they are beginning to be much more heated and warriors were ejected, blake griffin and another player, there was more yelling and pushing and it will be interesting to see what happens when they face each other again on november 30th. >>> a cabby returned a paper bag filled with $300,000. he made the discovery after dropping off the passengers and when the doormen saw it, he picked up the paper bag. >> i picked up the guy from cosmopolitan and he carried a brown bag and who knows what is in there. >> who knows, well, there was $300,000 inside there. he called his company, turned over the cash and a 28-year-old professional -- professional poker player and he received dayer for two at a high-end steakhouse and a $1,000 reward. >>> coming up next, not a very merry christmas for a dozen car owners, the act of vandalism is captured on surveillance camera which should cost $100,000 . >>> and a new program is coming soon to some schools, we will explain. >>> right now we will look at highway 24 up in lafayette, we have another accident in santa rosa. >>> what will change the forecast, we are partly cloudy and chil

janet yellen is there. >> that's the question, can you convince the consensus when you have a lot of people with differing ideas. >> with bernanke, if he yelled at me -- bernanke brings consensus. >> if yellen got mad at me and started pointing her finger at me, i would shut up. really? there is someone who can make you shut up? >> yeah. well, i don't know. i might be going -- if she turned away. but yeah, i would pretend to be. but i think she could be -- you know, you wouldn't want to get on her bad side, i would think. >> he seems collegial. but that was one of the best things about him from people that were on the inside say he was very good at building consensus around the table. the question is can yellen do the same. >> right. i'm scared of you. >> no, you're not. >> a little bit. >> no, you're not. >> scared of andrew. >> no, you're not. >>> beyond stocks and bonds, the other big story is oil. opec is meeting in vienna. iran has they have plans to up the output of a million barrels a day in the middle east. opec production targets are expecteded to remain unchanged at $30 million a day. steve sedgwick is at the meeting and joining us