and also jennifer granholm about president biden's ballots with big out. mike santoli, what are you focused on >> some traction in some of the more cyclical air. also the market was not terribly overbought. we went back two last week's lows somewhat longer term, nasdaq 100 that's a massive mountain of relative strength. that's february 3rd 2020, the day the white house declared the pandemic so we kind of unwound the whole thing. it doesn't mean it's over. it suggests a lot of risks have come out as a matter of fact, today it looks messy in terms of the down side we'll see if that represents a surrendering >> mike, thank you >>> one reason is the fed. the message, the fed still has a way to go the comments from jay powell sent stocks into a spiral yesterday. tomorrow we get the october jobs report, and next week, october's inflation report joins usis richard clarida mplgts. >> great to do you, sara >> what did you make of his remarks jet? >> the press conference was a different statement. in fact, i was quite surprised at the fomc statement, in the sense it

red tape and bureaucracy, the disappointment of energy secretary-general -- secretary, jennifer granholm, and the utilization of local contractor. there are priority needs in puerto rico, but none more important than being ready for the next storm. concentrating in five to 10 priority projects with special emphasis on those reference to the power grid. this project must be mostly from the line, i have the backing of all entities to get to the infrastructure as soon as possible. budgets, no matter what may be said on the how or why, the proposals are committing higher than budgets which means that projects cannot begin to be able to undertake the projects that puerto rico needs based on the agencies. the federal and local government must expedite budget adjustments to address inflation. local contracting, the local contractors and suppliers to reconstruct the islands infrastructure is vital to puerto rico for the recovery and progress. local contracting will create wealth and well-paying jobs that will remain puerto rico, section 307 of the act states the preference shall be given to firm

. >> the democrats, department of energy, secretary jennifer granholm, they've been talking about possibles on u.s. oils and refined products people say that's the wrong thing to do. it might jack up prices, not lower them we could debate it all day long. even with a couple of votes, does that change the likelihood we do not get export restrictions >> again, it falls under the category of the spr. yes, they could hold hearings on it, but the white house could probably use emergency authority if they want to go down the road of export restrictions they probably have the power to do so. the question is do they want to do it to europe? europe is set to impose very serious sanctions on russia, energy imports starting with oil. but they're also doing products in february. so if we were to cut off the export of refined product, that could put our critical allies in a very tough economic situation. the question is does this white house want to actually pull the trigger on product export restrictions >> do you think that could still happen and if it did, what's the impact, because i've talked to m

jennifer granholm is energy, i guess, she doesn't know what the price of gasoline is. this is a weak cabinet. the national security and defense, state and defense are stronger members there. but the rest of the cabinet seems to me to be noticeably weak and a shake-up would probably give him a new. >> dana: some might decide to leave on their own. >> bill: see if he uses the word shake-up. >> everything could be said about the election has been said. not everybody has said it yet. >> dana: we'll have another chance to see you tonight at 6:00 p.m. on that special coverage. thank you, great to see you. >> bill: we got a good shake-up of the satellite. how is the early voting there today. >> good morning, bill. things are busy and we scooted away, the technical gremlins and we're good here. 2/3 of the state voters reside where i'm standing in maricopa county. election officials expect 300,000 people to show up today. democrats who have won arizona in the last few election cycles kept their messages in the middle. republican senate hopeful blake masters seized on that over

maria: i had lunch yesterday with a senior person in business and he said the energy secretary jennifer granholmas no idea. we knew this anyway but this is an important point that you make how do you do a deal for unions when you've actually never done any business and understand doing a payroll. >> are acting like this is a surprise we had guest talking about the railway strike for at least for six weeks and all of a sudden kevin mccarthy is saying i'm not to put something forward that i haven't even had a chance to read, this is not new this is something they should be prepared for and i think really when you look at a 75% of americans support labor unions and in many ways i think they're reacting to poles and not to business. maria: you mentioned kevin mccarthy, let's play the sound he may not vote for this bill, watch. >> now they want to rush something to the floor tomorrow morning without members having a say, that shows you how weak this economy is but shows you what this administration has done to this economy. will take a look at it we don't want to harm the economy in any way but this