jonathan f: we've got to talk about the regulatory backdrop as well. so much talk about chair yellen, monetary policy. the last act of janet yellen at the fed was to stick to boot into wells fargo. do you have a call for next year, your base case on regulation around this administration? jonathan g: it is a good question. we need to hear more from regulators. the question that we are getting about janet yellen in the treasury role is what is she going to do to monetary policy, and is she going to do more qe. the questions are kind of bizarre because they are really questions as if she was being appointed to another term as fed chair, not as treasury secretary. her role is going to be different. i would assume that this is going to be some real respect for her thinking on these issues , but she doesn't have control of that. it will be very interesting to see which levers she looks to push. tom: what is your call on the banks come on the financials? jonathan g: we are overweight financials. sector a very strange call, or at least historically strange. we

jonathan f: you are calling, as a house, for a biden win. do you see in the numbers that gives you that conviction? jonathan l: this has been a steady race, and biden has had a polling lead, despite trump's relatively high approval rating given the coronavirus, biden has had the lead since he clinched the nomination in march. within 2% of hillary clinton in 2016, and you saw a collapse in hillary clinton's numbers over the last 10 days. brokeded voters towards donald trump. that is just not happen this time around. the trend -- no trend is suggesting that lead will go away. and all of the swing states that bidenwon that 2016, all needs to do is when one of them. arizona, texas, georgia, florida, ohio, pennsylvania. lisa: a lot of people would say that sounds good, but 2016, we don't buy that this is that much different. i am looking at betting markets, people putting money on the election, currently pricing in about a 61% chance of joe biden winning versus a 44% chance of president trump getting reelected. this is a much tighter race in pred

other books we have for the holidays, jonathan alter's biography of jimmy carter, his very best " which is a terrific carter's ft life took jonathan about six years to write. . we have a book by evan also knows that just came out on joe biden. he won the national book award for the first book on china using the new yorker staff writer and he's gotten to he's been covering biden for many years. we think this will be the book everybody turns to to understand joe biden. >> jonathan karp, president and ceo of simon and schuster.ea a couple years ago booktv went into the headquarters building in new york city and simon and schuster and did a tour, if you'd like to watch that you can type in jonathan karp in the search function at the top of booktv.org. thanks for spending a few minutes with us. >> thank you. >> in 2007 on booktv "in .depth program these authors appeared Ãb dan in pittsfield massachusetts, good afternoon. who are you reading, who is your favorite "in depth"? >> i'd be glad to tell you. i first want to compliment you on the wonderful job booktv, i've only been following the last couple years and i fin

jonathan pollard, who sold u.s. secrets to israel in the 1980's, completed his parole today. f him to go to israel, which has long lobbied for his cause. he was released from a u.s. prison in 2015, after 30 years. some of the material stolen by pollard ended up in the soviet union, including information on u.s. informants. the trump administration has costs for seniors.o cut dr medicare would pay the same as the lowestrice in other advanced countries. and, drug makers wou rebates to medicare enrollees, instead of to insurers. fight the changes in court. and, wall street retreated today amid worries about rising covid infections. the dow jones industrial average lost 219 points to close at 29,263. the nasdaq rose 49 points, and, the s&p 500 slid 24. still to come on the newshour: ble governor of new mexico discusses the trg surge in covid cases. mark shields and davidwnrooks break he president's continued refusal to concede defeat. dolly parton on how even in dark times we can see the light of the clear blue morning. and more. >> woodruff: as coronavirus cases across the country

f. it is focused on the when. there is a belief that we get it done. it is my belief as well, but i think we have more uncertain than i would like now. jonathancan tell you what people in markets think of washington. can you tell me what the people you think in it -- you speak to them washington think of markets right now? ed: i think there is a humorous view of each other. i think both at times think the other is disconnected from reality. a lot of people are wondering how we could've seen this move after an election. almost in the outcome, people with assets come up with a reason why that is good for their assets. --tainly as i look i had look ahead, if it is a divided government, if we get fiscal relief and we do not have to deal with the uncertainty of a one-party government, that is positive, but it is always interesting to me that without a doubt, we always find a way if you have money that this is an ok outcome for you. jonathan: always finding a way to be bullish. then queue. isn't that the story? always finding a way to tell a comforting story about why everything is going to be ok and to stay long. tom: i think it is called gridlock