ultimately, some of these devilish voters, being jerome powell -- dovish voters, being jerome powell one of them. perhaps it is a repeat of the more hawkish sentiment that we have seen in june. the second thing is is advanced notice of discussion. advanced notice is similar to what i would categorize as the new --. when you hear the turn, it is a very familiar tune. if it comes across as familiar, that is exactly what jerome powell wants. from that perspective, this advanced notice should be in on a bench. but as you highlighted, the tension for investors is in the digestion mechanism, between ultimately bringing on the tapering event and when rate hikes occur, which there will be required air room and breathing room to get to those hikes. do not expect rates to change much, but expect the calibration of the said to ultimately change . ultimately, we are making further progress to that substantial further progress paradigm. tom: the history book on the shelf is always repeating itself. we thank -- for that economic theory. liquidity, expanding ever larger. how does this fed deal with

secretary ellen and jerome power -- jerome powell are right. but, we are at an impasse.he good thing about washington, d.c. is there is almost always a way to get to yes. the democrats possess that by changing their reconciliation bill. the way they would pass the larger tax-and-spend package. they can change that bill to include the debt ceiling that would allow for them to do so on partyline basis. it is important to note, the house, senate and presidency are controlled by democrats. that would give a path forward in passing this measure. >> what does the extended wrangling say about the prospects of biden possible brought her economics package -- biden's package? >> it is a dissident ointment -- to try to find a way to get to yes on so many of these important things. three important spending measures and the debt ceiling, which we talked about. although are important and critical. the broader biden economic agenda is uncertain. the reality is that the largest component of that package, the $3.5 trillion social spending and new taxes which could have challenges on infl

a trump administration, and former president donald trump was very vocal when he didn't like what jerome was able to handle that and remained independent, which is critical, isn't it? absolutely, and this is something that federal reserve chairman always get hardware, the fact that whenever there is pressure, because when interest rates are cut, it really does boost stock markets, so the likes of the dowjones will jump likes of the dowjones will jump through the roof because we see interest rate cuts. 0bviously vice versa, when interest rates are put higher, then the stock markets tend to fall. donald trump wanted the headlines of saying look how well the stock market is doing, which is why he put so much pressure onjerome powell to cut interest rates, or do not raise them, but as you say, jerome powell stuck to his guns and did exactly that, and that is where the praise will come that he is over stuck to his guns, that he has always done what he thinks is best for the economy. if you look at the economy. if you look at the economy coming out of, or during this pandemic, it has performed

jerome powell talked about how those rules need to be looked at.of the challenge for him. whoever replaces him as the fed chair. he says he wants it to be a bit less opaque. francine: when elizabeth warren says that jay powell is dangerous, is she saying that she is helping bank to -- banks too much? do we have indication that there will be more democratic choices like that? is there someone she would put in place that would not be seen as dangerous for the markets? >> she came into elected office as someone who had spoken out amid the 2008 financial crisis and the accusations yesterday level that jerome powell has loosened restrictions on banks, the whole economy at the risk of another financial crisis. powell pushed back obviously and said he would look at areas that she had concerns about and that banks are better now than they were in 2008. we had the deepest recession in many decades last year. banks pulled through that. she's concerned. she has raise these issues before. as to whether she has an intern at of candidate, she didn't reveal one y

senator elizabeth warren says she won't support jerome powell for second term as fed chair. she's the highest profile democrat with the say the come out against him. powell's term expires in february. he does have bipartisan senate support and is likely to be confirmed again if president biden picks him. >> your record gives me great concern. over and over you have acted to make our banking system less safe, and then makes you a dangerous man to head up the fed, and it's why will oppose your renomination. >> backers of the leadership candidate have agreed to cooperate -- the ruling party votes wednesday for his replacement. the race is likely to be decided in a second round runoff. >> in the end, there will be in the runoff a realignment. or it could be some other arrangement. >> chinese president xi jinping is targeting a number of tech professionals. state media say china must embrace its reliance on high tech industries. he continues a regulatory onslaught on the digital sector. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 j

there's lots of- caveats with this, jerome pal caveats with this, jerome pal was talking about the factthe us passing the huge stimulus bill thatjoe biden has proposed, and there are all these various elements that could change things going forward. ~ ., ., ., ~' forward. when we are looking into the future, _ forward. when we are looking into the future, there - forward. when we are looking into the future, there is - forward. when we are looking into the future, there is an i into the future, there is an enormous amount of uncertainty that they have to cope with, situations change, you get surprises, all sorts of things go on, and that's why when thinking about the impact of this over the long—term, we have really got to take a holistic view, think about what path is more likely, and i think what we do know as investors is that asset prices have been supported by both qe have been supported by both oe and the very low interest rates, and that means that as these things start to fade, then there is less of that upward pressure on asset prices which may have an impact on the path forwar

fed chair jerome powell said last week he saw no direct u.s. exposure.kong has also asked the banks there to report risk side to the chinese poverty developer. china's president is targeting a significant boost to the number of tech professionals and research and president -- research spending. xi jinping said china must embrace self-reliance in high-tech industries. and it comes as he pushes the doctrine of common prosperity and continues a regulatory onslaught on the digital sector. global news 24 hours a day on air and on bloomberg quicktake powered by more than 2,700 journalists and analysts in more than 120 countries. i'm vonnie quinn. this is bloomberg. shery: we are seeing fallout from the high court of australia's decision saying social media and other owners of facebook and social media pages aren't responsible for the comments made on their posts. we're hearing now that cnn has restricted access to facebook pages in australia. cnn reported by dow jones saying it's restricting access to its facebook pages in the country following that ruling fro

jerome flood ii is here. our first guest tonight is an academy award nominated actor. you know him for his work in "spotlight" and "birdman." as well as iconic films such as "batman" and "beetlejuice. don't sleep on "multiplicity" or "the paper." i'm going to throw a couple more in there he stars in "worth" which begins streaming on netflix september 3rd. let's take a look. >> i've got, what, 1,100 families on board and 6,000 more to go. >> uh-huh, yeah. well, i just want you to know that i know the fund's not perfect. there are people who just don't fit within the rules we wrote. >> i know that i honestly don't know what to do >> seth: please welcome back to the show our friend michael keaton how are you, michael >> i'm good, man nice to see you. >> seth: yeah, it's nice to see you, too you know, i wish it wasn't on zoom >> well, you know, i know. hold on a sec. getting a call >> seth: getting a call? >> no. texting jimmy fallon >> seth: oh, yeah. >> yeah. >> seth: that's cool yeah, i'm glad you guys get a l

all the things that jerome goes i all the things that jerome goes through. — all the things that jeromehat were in the desert — stories. three songs that were in the desert island disc. it has the narrative — the desert island disc. it has the narrative of that flowing through it. narrative of that flowing through it some — narrative of that flowing through it. some of my songs, musa is cleverly— it. some of my songs, musa is cleverly put in there.— it. some of my songs, musa is cleverly put in there. what is he like to write _ cleverly put in there. what is he like to write with? _ cleverly put in there. what is he like to write with? we _ cleverly put in there. what is he like to write with? we work - cleverly put in there. what is he like to write with? we work on | cleverly put in there. what is he j like to write with? we work on a odcast, like to write with? we work on a podcast. so _ like to write with? we work on a podcast. so i — like to write with? we work on a podcast. so i get _ like to write with? we work on a podcast, so i get to _ like to write with? we work on a podcast,

i don't detect a change overnight from what jerome powell said. but if the fed is strengthening his firm grip on policy, there will be less dissenting voices. things will be conveyed with more unami entity -- unanimous nature. >> we have su keenan in new york. >> we will start with china's central bank which is promising to ensure a healthy property sector after ever grand's debt crisis sent shock waves. the cigar was helping the developing of real estate markets and to protect homebuyers right. the central bank also said it will step up ordination of monetary, fiscal and industrial policies to prevent risk. moving to the u.s., chuck schumer says the senate will take further action this week to keep the u.s. government open. they blocked legislation to suspend the debt ceiling and temporally stands government funding. one likely scenario is lawmakers strip at the debt ceiling language and find another way to address the debt. bloomberg has learned that the u.s. treasury secretary, janet yellen is declining to return calls. they were accused of imp

jerome flood ii is here.me it's been a wonderful week our first guest, tonight, is an oscar-nominated actor you know from "boardwalk," "empire" and films like "nocturnal animals" and "revolutionary road. he stars in "nine perfect strangers," which is streaming on hulu with new episodes premiering wednesdays. let's take a look. >> you've got some balls shaming me about some wine and a couple of kitkats, all the while you're dosing us with psychedelics. i mean, look, i'm no angel you know, i had a few cocaine nights in the '90s, but who didn't >> i didn't. >> i believe that. >> you know, you -- you could go to jail for this >> i could, but i'm not going to, because you're going to be thanking me. >> seth: please welcome back to the show, our friend michael shannon. ♪ [ applause ] >> seth: always a pleasure >> yeah, yeah, yeah. >> seth: it's so lovely to have you back in the studio >> oh, it's nice to be here. it's been a hot minute >> seth: it has been a hot minute a lot of -- it's been a hot mess in between th

leading to jerome powell's announcement.t reversing the gains. that's normally the pattern. not all the time, but normally. what grow make of what can happen today? [laughter] >> well, it is football season right now, neil, and so the markets what i believe they're going to punt the ball and perhaps they will say that they are thinking about thinking about tapering. but you have to remember that jerome powell not only is a dove, but he's also a dove who is basically auditioning to keep his job with his new employer. so the likelihood that he's all of a sudden going to be very proactive and get out ahead of things, i think, is very unlikely, and there's certainly enough headlines for him to hide behind between the jobs report for last year, the debt ceiling, the information coming out of china and so on and so forth. so i think that, again, you may hear thinking about thinking about tapering, you know, not shrinking the balance sheet, not raising rate, but just cutting back some of the asset purchases, and i think that's prob

the federal reserve chairman jerome powell is backed up by the new york federal reserve president he sees inflation elevated at least a year or so. now republicans in the senate banking committee latched on to that, listen. >> doesn't the inflation we're seeing now seem broader, more structural in nature than the brief blip we saw in used car prices earlier this year? >> yes. i think fair to say that it is. mainly what we've seen that the supply side restrictions that are so much at the heart of the inflation we're seeing have not only not gotten better, they have actually in some cases gotten worse. reporter: recent fox news poll showing 82% of voters that they looked at say inflation is the biggest, number one concern. they're very concerned or extremely concerned about that and that is more than afghanistan, it is more than unemployment. so the markets are on this too. the yield on the 10-year treasury is ticking up on fears of inflation that might last longer than expected. also the fact that the u.s. is getting closer to the october 18th date. that is the date now that treasury

holds an oversight hearing on wednesday, 10:00 a.m., with janet yellen and federal reserve chair jerome powell on the federal economic stimulus measures taken in response to the pandemic. we'll have live coverage on c-span.org. then thursday at 10:00 a.m. eastern on c-span3 -- health and human services secretary javier becerra and education secretary cardona will discuss school reopenings during the coronavirus pandemic. watch this week on the c-span networks or listen on the free c-span radio app. also, head on over to c-span.org for scheduling information or to stream video live or on demand anytime. c-span, your unfiltered view of government. washington journal . host: dr. brian miller is the assistant professor of medicine at johns hopkins university school of medicine. he is joining us to focus on the looming doctor shortage in the u.s. and the burnout caused by -- caused to doctors quite nurses, and other workers by the pandemic. the pandemic was declared in march of last year. the pandemic obviously continues in surges with the delta variant. the fine for us with the term burnout

charles: fed chairman jerome powell, golly he wants to be renominated. it is not a slam dunk.are beginning to turn against him. could he be a sacrificial lamb for the progressives. i will explain it all with fed watcher extraordinaire jim bianco next. ♪. if you wake up thinking about the market and want to make the right moves fast... get decision tech from fidelity. [ cellphone vibrates ] you'll get proactive alerts for market events before they happen... and insights on every buy and sell decision. with zero-commission online u.s. stock and etf trades. for smarter trading decisions, get decision tech from fidelity. [ kimberly ] before clearchoice, my dental health was so bad i would be in a lot of pain. i was unable to eat. it was very hard. kimberly came to clearchoice with a bunch of missing teeth, struggling with pain, with dental disease. clearchoice dental implants solved her dental issues. [ kimberly ] i feel so much better. i feel energized to go outside and play with my daughter. i can ate anything. like, i don't have to worry. clearchoice changed my life. ♪. charles

your sense of whether jerome powell deserves to stay?s one of the really difficult decisions because no one wants to disturb the economy as we are in the process of getting a healing in the economy. it was a kind of decision that i was involved in more than 20 years ago when alan greenspan came up for reappointment under president clinton. now, powell has done you might say a reasonable job in responding to the pandemic. has not gone the way you might say hard money person worried about inflation, but that is a low bar. almost anybody reasonable would have taken the kinds of measures that the federal reserve took. the hard questions on the macro economic side are, what happens when we get starting to recover? how soon do you increase interest rates? how do you see that trade-off? one of the things that we know is that the only time that we bring into the labor market minorities, disadvantaged people, and the only time we get wage compression is when we have a really tight labor market. to me, it is worth risking a little inflation in ord

eastern federal reserve chair jerome powell holds a press conference. watch this week on the c-span networks or listen on the c-span radio app. also a head over to c-span dogger for scheduling information or to stream video, live or on demand anytime. c-span, your unfiltered view of government. ♪♪ >> weekends on c-span2 are an

jerome gary it, ceo -- griffith, ceo of land's 'em, thank you. >> thank you.l: we continue to monitor what's going on with the remnants of ida, turning deadly in the northeast overnight. historic flooding, a lot of folks caught off guard as those who bore the brunt of ida's wrath in the gulf continue to dig out. but will ida's impact have the same lasting -- as katrina did? we're going to see what we can predict. we're headed back to the bayou in a few moments. >>> "the claman countdown" will be right back. ♪♪ ♪ ♪ and one we explore one that's been paved and one that's forever wild but freedom means you don't have to choose just one adventure ♪ ♪ you get both. introducing the all-new 3-row jeep grand cherokee l jeep. there's only one. growing up in a little red house, jeep grand cherokee l on the edge of a forest in norway, there were three things my family encouraged: kindness, honesty and hard work. over time, i've come to add a fourth: be curious. be curious about the world around us, and then go. go with an open heart, and you will find inspiration anew. v

manus: jerome powell and janet yellen are both using very strong language. catastrophe if the u.s. fails to raise the debt ceiling. yellen says the treasury will run out of cash. if congress does not act. the language is provocative, isn't it, from yellen? catastrophe and implosion. where are we? why is she using such strong language? >> it could not get any more blunt. you hear the u.s. treasury secretary warning the u.s. government could run out of money three weeks from now and with all the spillover consequences of that, being the risk of the financial rises, she said there would ultimately be a recession. she has warned of catastrophe. it highlights the dire straits the treasury is in. given the logjam going on between democrats and republicans at the moment. even without warning, later in the day, republicans dug into their position. they do not see a near-term breakthrough in terms of either spending or lifting the debt ceiling. this does become another source of volatility. this global energy surge, we have the ongoing supply chain problems. the u.s. debt ceiling is going t

. >> next, federal reserve chair jerome powell talks about a potential interest rate hike if the economy continues to recover. he takes questions from reporters about raising the debt ceiling and efforts to create a u.s.-backed digital currency. this is about an hour. >> good afternoon. at the federal reserve we are committed to -- today the federal open market committee kept interest rates near zero and maintained our current pace of asset purchases. rrent pace of asset purchases

neblett >> rayman marcus neblett >> jerome o. nedd >> laurence f. nedell >> luke g. ann n. nelson >> david william nelson >> ginger risco nelson >> james a. nelson >> michele ann nelson >> peter allen nelson >> oscar francis nesbitt >> gerard terence nevins >> renee tetreault newell >> christopher c. newton >> christopher newton-carter >> nancy yuen ngo >> and my younger brother, michael cameron lynch. a wonderful son, husband and father. we miss him every day. you must be so proud of i am of your beautiful daughter caroline, you're one nephew paul, and your niece kassidy was a sergeant in the army. you're always in our hearts. god bless america. >> my beloved husband, i miss and love you very much. >> khang ngoc nguyen >> jody tepedino nichilo >> kathleen ann nicosia >> martin stewart niederer >> alfonse joseph niedermeyer >> frank john niestadt, jr. >> gloria nieves >> juan nieves, jr. >> troy edward nilsen >> paul nimbley >> john ballantine niven >> katherine mcgarry noack >> curtis terrance noel >> michael a. noeth >> jacqueline june norton >> robert walter noona

. >> next, federal reserve chairman jerome powell talks about a potential interest rate hike if the economytinues to recover. he takes questions from reporters about raising the debt ceiling, and efforts to create a u.s.-backed digital currency. this is about one hour. >> good afternoon. at the federal reserve, we are strongly committed

at 3:00 p.m., we will hear from jerome powell as well as richard clarida. at 3:00 p.m., more data.he u.s. recovery with new-home sales figures. yields jumped as central banks tighten their outlook. up next, we discussed the latest market moves with edward park from brooks and donnell asset management. stay with us. this is bloomberg. ♪ tom: welcome back to "bloomberg daybreak: europe." i'm tom mackenzie donlon -- in london. happy friday. joining us now is edward park, cio at brooks mcdonald asset management. good morning. thank you for joining us this friday. more hawkish tone from central banks. the pboc injecting liquidity, but the norwegian bank and the bank of england as well, the rate cycle needs to be firmly in focus. the yield moves we saw overnight, that spike in the u.s. 10 year, do ucs getting back to a level around 1.7%, where we were in march? >> i think we are still a ways away from that. we saw a flattening of the yield curve. the federal reserve might do more now sooner than initially expected, but that will dampen inflation down the line. especially one of the thing

we hold an oversight hearing tuesday at 10:00 with treasury secretary jerome powell on the stimulus measures taken in response to the pandemic. we will have live coverage on c-span. then on c-span3, health and human services secretary and education secretary will be before the senate committee to discuss reopening for the coronavirus pandemic. watch next week on the c-span networks are listed on the c-span radio app. also, head on over to c-span.org for scheduling information or to stream video. c-span, your unfiltered view of government. >> c-span is your unfiltered view of government. we are funded by these television companies and more, including comcast. >> comcast is partnering with the committee centers to create wi-fi enabled -- so students can get the tools they need to be ready for everything. comcast supports c-span along with these other television providers giving you a front row seat to democracy. >> next week, the house returns monday. starting it 2:00 p.m. eastern, they will debate on the infrastructure bill. they also spent to bring the larger spending passage to the board. t

coming up, speaking to guggenheim partners cio, scott minerd, about what he expects from jerome powelland his take on what is going on in these markets amidst the evergrande concerns. and what happens when we step off the fiscal cliff. this is bloomberg. ♪ matt: this is bloomberg markets. i'm matt miller. the fomc kicked up its two-day meeting today, and joining us for a preview is scott minerd, guggenheim partners chief investment officer. there is so much going on in the markets, especially in credit. everyone freaks out about evergrande. i cannot tell if it is sensationalist because it is an exciting story or it is tied to the bigger, and prosperity issues we've been seeing in china, or if it is really a big problem for global credit markets, if we just cannot see how much it matters right now, how deep it is, counterparty risk. what is your thinking on evergrande? scott: i saw a story on bloomberg the other day that i thought sums it up well. is this a great financial crisis or long-term capital? i think it is long-term capital. there is a problem in asia. china is a much bigger pa

. ♪ >> jerome powell says they could unwind their asset program by mid-2022.e are joined by kathleen hays and macro strategist at mellon. kathleen: he has held several roles in washington, where you helped craft policy statements. when jay powell says tapering could start as soon as the next meeting, is not the same as saying, we are tapering in early november? >> no. they first and outs and action. i took the idea that tapering would soon be warranted meaning that they would devote the november meeting to lay out details. powell has repeatedly said we will get a lot of specifics before we start. we haven't gotten those yet. i think they will donate that november meeting and then maybe start in december. slowing asset purchases? it will be done by the middle of next year. kathleen: half of the group is saying we see the first great height by the second half -- the first rate hike by the second half of next year and some of them thinks there will be two. >> i don't think it is a group. i think it is a set of a pretty assertive purchases. i think what he did was

there's only one book that matters, and that is the book of jerome powell.onathan: we will catch up with norway a little bit later. lisa: the idea that they raised interest rates is a bit of a shocking development. they are off zero officially. there doesn't seem to be a major market disruption either from the suggestion of taper or the first rate hike among major markets lisa:. -- major markets. are they doing it right? they want to hold their hand, but they are not causing a huge market disruption. they seem to be on track to start tapering. jonathan: the bank of england guiding you toward something possibly as well, maybe possibly. "some developments strengthen the case for modest tightening." tom: governor bailey said yeah, well, i'll tell you something i think you understand, when i say that bank of england something, i want to hold your hand. jonathan: that is beautiful, tom. and again, the music to go out to break with any moment. tom: no, i've got to pay a royalty. jonathan: you will do. don't mess around with that. there's a lift in this bond market

fed chairman jerome powell opening of a review of investment rules for fed policymakers as accountabilityes under fire in the week of trading activity revelations for eric rosengren and robert kaplan. with us is international economics and policy correspondent michael mckee. both have taken what you may have called corrective action, pledging to sell everything by september 30, but are you surprised by this move? mike: not at all. the ethics rules that they had allowed these loopholes. presidents and vice presidents are in theory subject to the same rules as the board. they allow to something that was not illegal but didn't look very good. one would expect them to tighten that up. kailey: technically, they follow the rules, but they -- we are in an unprecedented time of monetary policy, so should the rules change to go along with that? mike: they will change the rules and make it tighter, maybe ban trading, and i suppose could go as far as blind trusts. they will take this out of the equation. in either case, it appeared really that kaplan or rosengren were benefiting themselves. they wer

fed chair, jerome powell, will hold a press conference on monday and investors are looking at the easingonetary policy. and quarterly reports from fedex and nike coming out. the national highway traffic safety investigations investigation for takata air bags, and reuters reports that safety regulators are expected to make a public announcement today. meanwhile solar installers and nurse practitioners are among the fastest growing jobs. this as more countries prioritize reducing carbon admissions and other occupations expected to surge in demand is data scientists as more employees continue to work from home and online. back to you. >> so interesting. thanks so much. good to see you. >>> it's 4:44 right now. coming up next on "today in the bay," we are tracking a red flag warning for some parts of the bay area. kari hall is following the latest. >> yeah, in antioch, it will be windy today, and we will see the trend going upward by late morning. we'll get a look at all our microclimates and the temperatures you can expect coming up. >>> as you drive through oakland, yeah, traffic, but no p

tweets about our chance to reimagine eliminating climate, advancing racial and economic justice, jeromewas appointed by president barack obama. i'm not sure these women understand what the federal reserve does. that is not in their purview when it comes to government operation in washington dc. they are responsible for monetary policy, employment around the country and criticizing him for how the financial crisis was held before regulations put on the banks in 2008-9-10 but that is a problem now. or regulation is a problem, they need to rethink their stance. todd: cheryl for fed chair, my nomination. time now 21 after the hour. an emotional tribute to the 13 fallen servicemembers in afghanistan. jillian: we will hear about the solidarity with those fallen heroes next. oh, oh, oh, ozempic®! my zone... lowering my a1c, cv risk, and losing some weight... now, back to the game! ozempic® is proven to lower a1c. most people who took ozempic® reached an a1c under 7 and maintained it. and you may lose weight. adults lost on average up to 12 pounds. in adults also with known heart disease, ozemp

the markets rallying late in the session after midday dip thanks to eyeball raising remarks from jerome powell, the major indexes are jumping, but the nasdaq did turn negative when the possibility of lifting interest rates as inflation continues to rise, overall investors ignoring that comment, right now the dow up to 75, s&p up 31 and nasdaq up 33. powell is not the only one in the nation's capital causing drama, the senate and decided if it's going to vote today on a plan to stop a potential government shutdown in its tracks late tomorrow night will get a live report on the latest news on the hill and at the white house. plus lucid motors rolling out the lucid air to an arizona facility. the ceo peter rawlinson is here to tell us what he plans to do to bump elon musk, tesla out of the electric vehicle winners circle. the housing market finding a new spark after a summer siesta, the ceo with the outlook of where home sells are headed to the fall. breaking news right now, is it on or is it off the senate was expected to hold a vote today on a clean continuing resolution to fund the gove

eastern, federal reserve chair jerome powell holds a news conference. head over to c-span.org for scheduling information or to stream video live or on demand anytime. c-span, your unfiltered view of government. " continues. host: joining us this morning is christopher sands, the canada institute director for the wilson center, here to talk about the elections in canada today. first of all, explain, what is the snap election, and why is it happening? guest: thanks very much, and good morning. a snap election occurs when the prime minister decides to have an election and

senate banking committee hold an overall sight hearing with treasury secretary janette yellen and jerome powell on the freshman economic measures taken in response to the pandemic. live coverage on c span.org. then thursday on c-span three. education secretary are before a senate committee to discuss school reopenings during the coronavirus pandemic. watch in week or listen on the c span radio app. also, held to c span.org for scheduling information on to stream video live or on demand any time. c span, your unfiltered view of government. >> next, israeli prime minister naftaliy ben northwest and palestinian prime minister spoke and also boris johnson on the need to address climate change. >> we will here his excellencely neftali bennett. may i request -- to escort his excellencecy i have grand great failure in many wilkes-barring the minister for community affairs. for the state of israel, i invite him to address the assembly. >> thank you, mr. president. distinguished delegates. israel is a lighthouse in a stormy sea. a beacon of democracy that burst by design, innovative by nature and

and then later on wednesday at 2:30 portfolio eastern, federal reserve chair jerome powell holds a press conference. watch on the c-span networks or listen on the c-span radio app. also head over to c-span.org for scheduling information or to stream video live or on demand anytime. c-span, your unfiltered view of government. ♪ >> weekends on c-span2 are are an intellectual feast. every saturday you'll find events and people that explore our nation's past on american history tv. on sundays, booktv brings you the latest in nonfiction books and authors. it's television for serious readers. learn, discover, explore weekends on c-span2. ♪♪

. >> very cool jerome, thank you very much. of lands' end. >> with a denim on denim look, i would add. up next, after a strong month for financials the banks are struggling again this week should you buy the deep? we'll break that down after is trading isn't just a hobby. it's your future. so you don't lose sight of the big picture, even when you're focused on what's happening right now. and thinkorswim trading™ is right there with you. to help you become a smarter investor. with an innovative trading platform full of customizable tools. dedicated trade desk pros and a passionate trader community sharing strategies right on the platform. because we take trading as seriously as you do. thinkorswim trading™ from td ameritrade. what happens when we welcome change? because we take trading as seriously as you do. we can make emergency medicine possible at 40,000 feet. instead of burning our past for power, we can harness the energy of the tiny electron. we can create new ways to connect. rethinking how we communicate to be more incl

jerome, jay powell, say his name, folks, he pulled it off. announces taper he got investors to cheer instead of throwing a tantrum. did you buy the dip? not too late as the rally survived the biggest scare of 2021. where will it go from here? what will be the biggest winners? more moonshot investing ideas. we'll look at ecosystem of it all. the clock is ticking on the debt ceiling and government shutdown. i will talk the political ramifications with larry kudlow and stock market implications with rebecca walser. the empire strikes back. all forces of government circling to stop the cryptorevolution, can it stop. don't look now but amazon wants to open department stores. you heard me right. all that and much more on "making money." ♪. charles: folks, it is all about moonshots, right? the market on the run after getting a green light from jay powell that we might be in a goldilocks scenario. the fed is in the midst of winding down monthly asset purchases there won't be any rate exwho. that has to run its course. a plurality of them they should

. >> in august jerome powell said of course it is tapered, but they are likely to prove temporary. there is increasing evidence that the predictions on how long this would continue were overly optimistic. you know, why do you suppose they were wrong? >> to i'm a big believer in behavioral siebs. you have to believe the co confirmation biases are for people. now we have lots of demand, and there has been massic transfers of income to households. it is not a deficient demand problem, it's a deficient supply supply. it took a long time to realize that we're living a different paradigm. we say butt will be temporary, and there is a real danger in this. i think that people have to be more humble in light of the actual evidence. >> in response to the global financial crisis the fed implentied a serious of policies. it is more than a determine ache, have the low interest rates and the rising asset valu been one of the drivers of income inequality. >> it is a big drif of relate inequality. i just want to stress that the fed didn't set out to increase wealth inequality. the fed started out

with federal reserve chair jerome powell on the federal economic stimulus measures taken in response the pandemic. we will have live coverage on c-span.org. thursday at 10:00 a.m. eastern on c-span3, health and human services secretary and education secretary are before a senate committee to discuss school reopenings during the coronavirus pandemic. watch this week on the c-span networks or listen on the c-span radio app, also head on over to c-span.org to for scheduling information or to stream video live or on-demand anytime. c-span, your unfiltered view of government. >> next, in an update on job training programs come the senate subcommittee on employment and workplace safety talked about the importance of apprenticeships, alternative pathways to college and job retraining programs for midcareer individuals.

jerome powell's term is near its end so will he be remom nated.sident biden is being pushed to make the fed more woke. what would be the consequences of that? first, why a race behind every scene to alter america from its roots of rugged individualism to big government. we'll talk about it with someone who knows government and maybe big business even more. senator bill hagerty is next. we did it again. verizon has been named america's most reliable network by rootmetrics. and our customers rated us #1 for network quality in america according to j.d. power. number one in reliability, 16 times in a row. most awarded for network quality, 27 times in a row. proving once again that nobody builds networks like verizon. that's why we're building 5g right, that's why there's only one best network. charles: although the situation in afghanistan continues to dominate headlines out of washington, d.c., there is a race behind the scenes that would effectively alter america from its roots of rugged individualism to big government and cradle to grave financial

fed chair jerome powell is acknowledging inflation has stayed higher than expected.riticism has grown as inflation has jumped to 30 year highs. stocks were mixed today. the dow was up 91. the s&p 500 gained 7. the nasdaq lost 34. the future of the american southern border crisis may be shaped by what is a wide open southern border for mexico. thousands of migrants flow through that crossing with little or no resistance. correspondent griff jenkins is in hill dag go, new mexico tonight. >> good evening, bret. basically all the 15,000 migrants first passed through this crossing behind me same location where massive caravans of two years passed through as well. so we came here to have a closer look every day migrants cross the border. >> well before they cross u.s. they first have to step foot in mexico requires a little effort and a few pesos. this is the river separating mexico and guatemala. legal way to cross. >> this is the illegal way thousands do it every day for 30 pesos or about 1.50. >> mexican officials say approximately 800 haitians make this crossing daily

with treasury secretary janet yellen and federal reserve chair jerome powell on the federal economic stimulus measures taken in response to the pandemic. we'll have live coverage on c-span .org. then thursday at 10a.m. eastern on c-span3, health and human services secretary ba zeiera ann secretary cardona are before a senate committee to you discuss school reopenings during the coronavirus pandemic. listen on the c-span radio app. head over to c c-span .org to schedule information or stream video live or on demand any time. c-span, your unfiltered view of government. >>us

. >>> federal reserve chair jerome powell said inflation may last longer than expected. the fed chair will speak to the banking committee later today. powell will tell lawmakers economic growth has continued but it's being hurt by supply chain issues. >>> ford is creating 11,000 new jobs over the next four years as it expands it's electric vehicle production. the automaker and battery supplier will invest $11 billion to build three battery plants and an electric truck plant. they expect it to help them build more than a million electric vehicles a year. >>> tiktok has hit one billion users. the popularity has surged since the pandemic started with people creating viral dances and other videos made for social media. youtube, facebook and instagram all have a billion users while snap chat and twitter lag. that's your cbs money watch report. for more head to cbs money watch.com at the new york stock exchange. i'm diane king hall. >>> simone biles will take the stage at chase center as part of the gold over america tour. just a few hours before she lands she is opening up ab

eastern jerome powell holds a press conference. watch next week or listen on the radio app.ead over to c-span.org for scheduling information or to stream video live or on-demand. >> c-spanshop.org is c-span's online store. get cozy for cooler weather with the c-span for small sale. browse to see what is new and save 30% on our logo apparel shirts and hoodies, fleece blankets, mugs, and glasses. there is something for every c-span fan. shop the sale through september 21st. it will support our nonprofit operations. go to c-spanshop.org. >> "washington journal" continues. host: we will open up our phone lines for our forum segment. democrats, 202-748-8000. republicans, 202-748-8001. independents -- independents, 202-748-8002. tell us your most important political issue. as we start we want to talk about some news going on. we will start with the drone strike in afghanistan. we will start with the story that is out this morning. "aus drone strike killed 10 civilians in afghanistan including seven children, rather than the islamic state extremists that the biden administration cl

jerome adams who served as u.s. surgeon general under the former president and robert risha, the department that is drafting the rules for the mandate. he is also author of the book "the system, who rigged it, how we fix it." secretary, i want to start with you here. when it comes to these mandates for businesses with 100 employees and more for either vaccinate or do weekly testing, how big of a task will this be for the federal government to implement? >> john, it -- it's not going to be a giant task because most big companies already are doing this or they're on the way to doing this. in fact, this is a very conservative mandate. i mean, under osha which is 50 years old, that statute allows the federal government to set workplace conditions for companies that have as few as ten workers. so to go after companies that have 100 workers or more, you are really talking about companies that already have a fairly large public profile. and most of the time, try to do what is right for their workers. most of the time. now,

investors will be anxiously waiting to hear from fed chair jerome powell this afternoon after the fedtwo-day meeting. yesterday stocks ended mixed after a volatile session. te dow fell 50 points, the nasdaq gained 32 points, and the s&p 500 lost 3 points. >>> the justice department found a lawsuit to stop a partnership between american airlines and jetblue. last year the airliners announced they would start to coordinate flights in the northeast and have begun to do so. government antitrust lawyers said the move will reduce competition and lead to higher fares. american and jetblue says there is no evidence of that, and they're vowing to fight the lawsuit. >>> mcdonald's is looking to phase out those plastic toys in kids' happy meals worldwide by 2025. the fast food chain says it's working with toy companies to develop new ideas like board games with plant based or recycled pieces. mcdonald's is also exploring used recycled plastic toys to make new restaurant trays. the company says its new goal will reduce its virgin plastic use by 90% compared to 2018 levels. >>> and now kids can ow

jerome, jay powell, say his name, folks, he pulled it off.e dip? not too late as the rally survived the biggest scare of 2021. where will it go from here? what will be the biggest

concerns whether jerome powell himself is up to the job. reporter: exactly. neil, i'll tell you that all that spending that chad was talking about there, it is coming crashing into the inflation that we're seeing under the biden administration so far. to your conversation with chad, here is representative steve scalise on "fox & friends" this morning. listen. >> they don't have the votes right now and you know, we don't support something that will jack up inflation and run millions of jobs out of the country. that is what the tax hike side of it will do and they packaged it all together with infrastructure. reporter: new "gallup poll" shows americans optimism about the economy is at the lowest level since january. federal reserve chairman jay powell said inflation is not settling down. he said some supply chain issues are getting worse. >> this is really a mismatch and supply. we need the supply blockages to abate before inflation can come down. reporter: inflation causing a backtrack from treasury secretary janet yellen. >> i asked you to tell me what you th