david: appreciate your time today, kathleen sebelius. former hhs secretary.ing news from president trump. is a big security concern and also says china wants to make a deal and as he says, we will see what happens. now we want to turn to another big issue coming up in 2020, democratic candidates for president are gathering today or to discuss climate change. our politics editor is here. jay inslee dropped out of the race and he staked his claim on the climate change issue. is there any appreciable difference among the major candidates for the nomination among climate change positions? >> not too much. people in these industries can rest assure that people -- that if a democrat is a letter to the white house, there will be some form of a new green deal, some ra the drill, baby, drill ea will be over. there is a difference, the price tag. it ranges from a public price of $1.7joe biden plan trillion with another 2 trillion coming from the private sector, up to bernie sanders, who wants $16.3 trillion in tax dollars going to climate change. david: that is a lot o

this morning in a cnbc exclusive is the former health and human services secretary under obama, kathleen sebeliusiously served as governor of kansas from '03 to '09. welcome back, good to see you. >> thanks. nice to be with you. >> i wonder if you think we've seen a breakdown in public health regulation when it came to vaping in this country? >> well, i think what you have right now, carl, are two things kind of colliding. the perfect storm, if you will we have this very mysterious illness that is killing people and two of them -- two of the deaths are here in kansas, about 530 people have gotten very ill. the cdc doesn't still know exactly what's causing it, but they know it's very serious and they have about 100 people on the investigation, according to dr. ann shugat, their deputy director so that's very alarming. to me it's like a food outbreak where a voluntary recall would be a really smart thing to do until we figure out if it's the devices or what exactly the ingredients are. but there's that illness at the same time there's a real focus on juul as the leading company in this marketplace

kathleen sebelius joins the program. we are seeing a global equities rally.q is up more than 1%. the s&p up almost 1%. the vix muted. at 1.47 --r gilts is your 10 year yield is at 1.47. this is bloomberg. ♪ david: from bloomberg world headquarters in new york, i'm david westin. welcome to "balance of power," where the world of politics meets the world of business. on the brief today, stephen engle from hong kong on chief executive carrie lam's move to ease tension. onm london, emma chandra another day of high drama in parliament. and from boston, brian sullivan on hurricane dorian's move. stephen, we had the chief executive say we would withdraw the legislation. are the protesters satisfied? stephen: not at all. you could see it in the stock market. when news came that carrie lam would withdraw the extradition bill, the market shot up. the msci hong kong index had the biggest gain since 2011. after those comments were made and the activist started hitting the social media platforms saying they rejected these

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