thank you to the giants, to larry bear, to jack bear, to fran weld, to john and so many others from the hometown team for leading a gold standard community project. the giants are in the long game in this community and it showed. it promises a diverse community and in planning we heard from many voices on how the future of the waterfront should be prepared. that included the central waterfront advisory group. the mission bay advisory group. the south beach neighborhood association, they participated in every step of the plan. i see many of our resident stakeholders here today, including ms. katy la del, alice rogers, bruce and so many others that participated. sonny schwartz is here today. there were many city agencies that collaborated. i need to say thank you first and story most to oawd, to ken rich, todd and adam. and we also will remember today jennifer, she had big vision for the waterfront and enthusiasm for the site. today, we recognize her work effort and can-do attitude. the mayor's office played an integral role in the project to support the benefits of housing, the housing p

mayor and larry bear, president breed. ready to roll. all right. congratulations, everyone. [cheers and applause] testimony. good morning. we're going to begin our program. and as always, remember that we're in the presence of god. first of all, my name is sister mary kiefer, i'm the vice president for mission integration for st. mary's medical center and the bay area center of dignity health. i'd like to welcome all of you today. in my world i would say this is the day the lord has made, let us rejoice and be glad because it took a lot of work to get to this point. and great blessings to the partnerships with the city and county of san francisco and ucsf. as is our practice, we step back from the busyness of the day and tap into our spiritual side. it's my pleasure to offer this dedication to you. as we bless that ground, we stand at the sacred intersection meet grace and humanity. as we bless that ground, we set it apart for the special purpose of healing body, mind and spirit. may the architect of our lives bless those whose vision has brought us to this moment. bless tho

mayor and larry bear, president breed. ready to roll. all right. congratulations, everyone. [cheers and applause] >> good evening. welcome to the march 7, 2018 meeting of the board of appeals. frank fung will preside, joined by rick swig, ann lazarus, bobby wilson and darryl honda. brad rusty, deputy city attorney, will provide the board with legal advice. at the controls, process clerk, alex longawan. and we'll be joined by departments. corey teague here representing planning commission and department. and we expect to be joined shortly by joseph duffy, representing the department of building inspection. the board requests that you turn off our silence all phones or electronic devices so they do not disturb the proceedings and you carry on conversations in the hallways. 7 minutes to present the case and 3 minutes for rebuttal. people affiliated with the parties must be contained in the 7 or 3 minutes. not affiliated parties have 3 minutes to address the board, no rebuttal. we ask that you speak into the microphone. to assist the board you are asked but not required to submi

context on your money news joining us now is lori mcdonell at acg analytics, editor to the bear traps report. larryappreciate you joining us we have to ask you about this broadcom/qualcomm news i know you're not a semiconductor analyst, we're seeing this move and talking about tariffs. do you feel like this is an administration that came in as being seen as pro business which is now establishing itself to be a bit protectionist? >> president trump is playing to his base once again. if a company has moved overseas, as you eluded to a couple years ago, this is coming back to bite them at the end of the day, if mergers and acquisitions are not job creative, if they're job destructive, big lbos, for example, for the next 20, 30 years, they tend to be job destructive and the white house is playing to their base protecting u.s. jobs, maybe going further than any white house has gone >> yeah. we've never seen a deal of this size be blocked by the white house before are you surprised that the stock market continues to literally just brush off all this news and continue to rise >> yeah. the markets -- this

in his office, some featuring students at the university, and a video of larry nassar and a young patient. scientists studying bearsunting may be leading females to raise their cubs for longer. the study says that, compared with two decades ago, more female bears are nurturing their cubs for an extra season, staying with them for two—and—a—half years. like many other countries that allow bear hunting, sweden bans the shooting of bears in family groups. three australian cricketers involved in a ball tampering incident in south africa are being sent home and have been told they will face significant sanctions. at a news conference, the chief executive of cricket australia, james sutherland, said knowledge of the incident was limited to the captain, steve smith, david warner and cameron bancroft. the team coach, darren lehmann, will remain in hisjob. our correspondent in sydney, hywel griffith, spoke to me about the reaction in australia to the investigation so far. a lot of people waking up to the news and the footage from that press conference. a lot of people told him that what was on set and the absence of the wor

but austin and larry, let me ask you a question that bears on tariffs. the president points out and has repeatedly said we have a very large trade deficit globally $800 billion i can't remember a time in my lifetime, austin, that the nuts has n -- that the united states has not had a large trade deficit and politicians weren't worried about it but is the size of the trade deficit traceable back to industrial and tariff policy or does it have more -- is it a red herring that has more to do with the fact that we still import a tremendous amount of oil from foreign sources and consumer products from china and asia from textiles to clothing and furniture and more >> well, i think it is a red herring. partly for the reasons you are describing but mostly the trade deficit is a large macro thing. determined by monetary policy in the united states, how much investors want to invest here. it is not determined by specific industry trade policies and protectionism, economic isolationism is a terrible thing for the economy. could easily lead us into recession and le

quickly give us a recap of who bear stearns was and what happened. we should remind our audience larry kudlow, who's now the national economic adviser for the president, who didn't believe the crisis was going to happen, was, in fact, way back in the day, a bear stearns alumni. >> and david malpas, who is deputy secretary of the treasury, also a bear stearns economist and david solomon, the new designee ceo of goldman sach, also bear stearns alumni. the alumni has done pretty well. bear stearns the company was an 85-year-old swashbuckling irreverent kind of wall street firm not in the club, not in the super club of, say, goldman sachs, jpmorgan. always sort of fighting to get in. >> but because these were fast and loose -- >> absolutely. >> they went down. >> they made a lot of money. they had a huge fixed income business. they were one of the leading underwriters of mortgage-backed securities. many of which we've come to learn were not quite what they were cracked up to be, what the rating agency said they were. they were filled with mortgages that probably should never have been writ

larry kudlow comes on the job after a career at cnbc as a television commentator and anchor. he worked at bear stearns on wall street, he served at the federal reserve and also at the office ogement and budget in the white house in the reagan years. one of the challenge will be, this is a very different washington than it was in the 198 tos. for show i'm ayman jabbers at the white house. >>> a key economic ioricator fell the third month. retail sales dropped 1% in bruary dragged other by reduced spending on cars and gasoline. it is the latest report to suggest that the m economy not be overheating afterall. following the release of that report jp morgan lowered its first quarter economic growth estite to 2% even from 2.5%. >>> it is a time to take a look at some of today's upgrades and downgrades. ford's rating was raised to i don't have weight at morgan stanley. it's ford's first upgrade by the firm in four years. the analyst sites ford's turnaround plan and the value of its f-150 franchise. the price target was hiked to $15. the stock rose 2% to 11.02. >> nvidia's price target was raised at

larry had a ph.d. i went back and read stuff when he was chief economist at bear stearns. they introduced jimmy cane he's like, larry kudlow is the very best guy that we can put out there. his messaging is fantastic our clients love him you can see why the president would want him being a surrogate. >> it's interesting having worked with the president to create the tax cut structure they need somebody to sell it, to tell the public what's good about it >> yes. >> larry is not an academic economist. i worry there aren't enough of them inside the white house. i might be the only person who worries about it. >> economist or academic economists. >> academic. >> steve, let's go to eamon javers at the white house. got off the phone with larry kudlow >> reporter: that's right. just hung up with larry a few minutes ago. he said he was honored to accept the job. he's spoken to the president four times this week including last night and today he told a funny story about being called at dinner last night and jumping in an uber and talking to the president during the course of the ube

larry, in your job. >>> ten years ago this week, those major cracks in the financial system broke wide open with the collapse of bear stearns. now ten years later, almost to the exact day, the senate voted to roll back regulations meant to avoid another financial meltdown. you know it as dodd frank. the law passed in the wake of the crisis that mandated banks with at least $50 billion of assets to be subject to very strict oversight from the federal reserve. the new senate bill slides that threshold to ultimately include only banks with at least $250 billion of assets. now, it wasn't just republicans. 16 democrats voted on this bill with republicans. and now it's headed to the house. republicans have been hoping to make even more drastic changes. >> so barney frank, part of dodd/frank, had said maybe the $50 billion was too low, it was hampering some smaller banks. he had thought maybe $100 billion was a good threshold. he feels that $250 billion is too high. his thinking is what happens if three or four banks with assets of $250 billion were ultimately going to fail? would that actually create the systemic problem

bears. we're going to be out here protecting our cubs and everybody else's cubs as well. >> a town with a message of love . >>> the form her michigan state university dean that supervised larry nassar is expected in court today. the local sheriff says 70-year- old william strianple was arrested. 250 women and girls including olympians accuse nassar of after abusing them. >> michigan state university had the audacity to tell me i didn't understand the difference of sexual assault and a medical procedure. >> the response was to send a message to larry and tell him, quote, good luck, i am on your side. >> he faces four charges for neglecting duties and also criminal sexual conduct. he's accused of touching a student and storing nude photos of students on his work computer. >>> we're learning more about the suspicious packages sent to military facilities in washington d.c. a suspect was arrested last night in washington state. the packages were received in virginia and fort mcnair in d.c. sources tell cbs news the package seventh to fort mcnair tested positive for black prouder and had a fuse attached. packages were reported at a number of facilities in d.c. one was addressed to

larry kudlow is a syndicated columnist and radio host who once served as chief economist at bear stearns before he was fired in 1995 when he entered rehab to treat a $100,000-a-month cocaine habit. kudlow has repeatedly failed to forecast macroeconomic trends. in december of 2007, as the subprime mortgage market began to unravel, leading to the deepest recession since the 1930's, kudlow wrote -- "there's no recession coming. the pessimists were wrong. it's not going to happen. the bush boom is alive and well. it's finishing up its sixth consecutive year with more to come." in syria, huhuman rights groups say as manany as 50 civililianse killed wednesday as a rootle assault by russian and syrian forces continued to pound the rebel held damascus suburb of eastern ghghouta. one local medic board 5000 people are at risk of annihilation. as united nations, kate gilmore warned 125,000 children are trapped in eastern ghouta. >> responsible for these war crimes and crimes against humanity are being identified. the chain of evidence has been preserved. dossiers are being built up for the prosecut

larry kudlow to begin with? >> i met him on wall street. he was a economist at bear stearns. he was brilliant speaker on fundamentals of low taxes, sound money, balanced budgets and small governments. that is why he came into the reagan administration. david: that is why you hired him? >> that is why i hired him. over the next three years he gave some pretty solid advice but unfortunately we all went our separate ways. and he spent 30 years on wall street and got totally confused. david: hey, look, he made a lot of money. he got in some trouble, made a lot of money at same time. you summarize, you tell me if i'm right and wrong, the summary you were more concerned with budget balancing. he thought that was secondary concern, once you got tax cuts there would be enough revenue coming in so you won't have to worry about the budget s that about right? >> no, that is revision it. david: i'm here to have you clarify it all. go ahead, david. >> i was really there. we were both solid spending cutters and realized that the tax cuts were a great thing but they had to be coupled with a

larry, we'll get you in on the other side. we'll be right back. yogi is a bear. when it comes to hibernating, nobody does it better. he also loves swiping picnic baskets. hee, hee, hee yoooogiiiiiii!! but when it comes to mortgages, he's less confident. here, yogi. thank you boo boo. fortunately, there's rocket mortgage hmmm. hey. by quicken loans. it's simple, so he can understand the details and get approved in as few as eight minutes. my kind of pic-a-nic basket. apply simply. mmm-hmmm. hee, hee. understand fully. mortgage confidently. rocket mortgage by quicken loans. fénext up: féria's newy. glam grunge haircolor. ultra-smokey, cool gray shades féria has pure dyes live in color. live in féria by l'oréal paris. the smoother the skin, the more comfortable you are in it. and now there's a new way to smooth. introducing new venus platinum. a premium metal handle boosts control... to reveal up to 100% smooth skin. venus the roasted core wrap.belly fat. 3, 2, 1... not cool. freezing away fat cells with coolsculpting? now that's cool! coolsculpting safely freezes a

could be the man to replace cohn >> i'm not surprised larry is a great guy i've known him since 1980 when i came to wall street. found him at bear stearns. convinced him on spot to be my economist omb and he went on from there to become a major voice and influence in the reagan policy formation in the early '80s he obviously has tremendous experience on both ends of the quarter. washington policy and wall street that's all the good. more importantly, he is a great free market and consistent free market thinker and free trader and with this absolute insanity that trump has launched with the steel tariffs and potential trade war down the road, that's all to the good. unfortunately, i have to say, and as much as i love him and have known for him four decades, larry's voice is the wrong voice that donald trump ought to be b hearing as we go forwar. larry is an incourageable wall street cheerleader and is incapable of recognizing and ma. >> honestly, look, i don't know if it's fair to sort of paint larry that you do have an individual who if you think that the trade policies of the president are not good ones for the country, he is a

larry is going to be part of that. see how long he lasts. charles: ten years after the collapse of bears debate with the implications and wisdom of big bank bailouts, proponents point to the government recovering all money in fact, they say heck, they made a profit. but others point to unintended consequences like the big banks getting larger thus posing the same risk or more and the new rules ostensibly only curbing lending to main street america. today half of mortgages are made by nonbank companies and community banks slow growth to avoid financial scrutiny that would only hurt bottom line. according to research note by then fed governor jerome powell, charters for community banks dropped to zero. moreover with 10 billion being the max assets before facing expensive compliance. most of the banks stopped growing, feuer loans and fewer opportunities for mainstream america. as long as there's a chance of big banks that they can privatize their huge profits on the risky bets but share the huge losses with taxpayers, in my mind, nothing really has changed. fraction fox news contributor jo

bear on this to prevent the conflict in syria and potential conflict with iran from leaping widening or even happening and becoming a more region wide conflict and even a global conflict going to larry wilkerson thank you after the break a millennial is officially tuned out to me stream media parallels to explain the rise and rise of jeremy cool been ridiculed by every outlet of britain's and ahead of tomorrow's spring statement the drays amaze universal credit policies lead to a thirty percent worries in the use of food bags in the u.k. the list of all coming up about to have going on to grow. this baby and. this isn't much. eighteenth vote with your remote to zante for special coverage of the russian presidential election exit polls opinions real time results monitoring and much more. everybody i'm stephen ball. task hollywood guy suspects ever proud american first of all i'm just george washington and r.v.'s to say this is my buddy max famous financial guru where he's a little bit different. you can find in your windows up with all the drama happening in our country and i'm hitting the road to have some fun every day americans more. closely start to bridge the gap this.

larry kudlow long before cnbc first met him. arthur laper is chairman of laper associates so we're talking pre bear stearns, are we going all the reagan, art? >> we're going further than reagan i've known larry 40-plus years, phenomenal person. >> and consistent, i would think in his core beliefs, which i guess a big question is whether some of his core beliefs will be tested over the next months or years? >> i think he's given the right advice this is the day larry lived for, hess job it's perfect for him he can explain things simply, clearly. he is also very well trained he's worked in these markets forever and ever and ever in this arena, public policy arena. it's just perfect. trump couldn't be better served than by having larry kudlow. >> you always hear, oh my god, he's a tv guy. well long before he was a tv guy, he was an economist and in public service and everything else, but -- >> but >> no, instead of saying being a tv guy is bad, have you ever seen -- when he used to have robert riesch on, for example, who could be more polar opposite than robert riesch or someone like that? do you ever see larry get flustered or ha

bear market. stuart: what do you think of larry kudlow as the new economic council head replacing gary cohn? relationship with china, and i think he's going to be quarterbacking some of the tax changes which we expect to see later this year. you okay with all of that? >> yeah. of and i would have picked him in the first place. i loved him, i love steve moore. i'm a big free market guy. i love lower taxes, less regulations. but there's one thing that's still sticking out for me that i'm hoping larry kudlow comes in and convinces the republican party or and trump to start looking at, and that is the debt and the deficits that continue to skyrocket with nobody doing anything about it. and we can talk tax cuts til we're blue in the face. if debt keeps going up, deficits keep going up, that's going to be a headwind. so, hopefully, he addresses that. and i know he's into smaller government, so let's see what happens. i'm hopeful -- stuart: well, held on. gary, one second. just a few minutes ago we had economics professor peter morici on the show. he said that the debt bomb doesn't hit for another

larry kudlow on cable tv wasn't watching tv but the president with the busiest job in the world was. kudlow served in the reagan administration, was chief economist at bearis more to his resume than tv talking head but the president does appreciate that qualification in his recruits. from reality stars to relatively unknown figures with questionable doctor rats. >> the message i have, it's a simple one. it's a bumper stick, the era of the pajama boy is over january 20th. and the alpha males are back. >> apparently not back for long. he lost his job. but trump tv is a pipeline for trump hires. he considered replacing sean spicer with kimberly guilfoyle. "fox & friends" co-anchor heather nauert was hired to be state department spokesperson last april and she just got a promotion despite having zero prior experience in diplomacy, trump installed her as the acting undersecretary of state after firing the prior one undersect along with tillerson yesterday. she is now the fourth highest ranking official at the state department which means in just 11 months is, less than a year she's gone from "fox & friends" to number four at the state department. >> i really

larry kudlow was named president trump's talk -- top economic advisor. -- vladimirtin putin is expected to sail into a new term but international pressure could isolate the nation. 10 years ago today jpmorgan buy beart would stearns after toxic mortgages sunk the bank. they take the pulse of the housing market. with the ousting of rex cohn the and gary trump presidency is becoming a presidency of one. who is next? our white house editor is in washington. who is next? we had a lot of speculation. there were reports it would be h.r. mcmaster. the turnover is not done. alex: no one is getting fired today although the day is not a very at. -- not over yet. worrying told to quit about this stuff and asked anybody to calm down. it has been a lot of bremmer running around the white house itself because of the president. about who is going to be next, a lot of worry that they will, every staffer is worrying he will be the next to go. has been a significant amount of turnover but it feels a good has gotten more high-end lately. catalyzedfically has this, why are we at a heightened state of alert? alex: donald trump has decided he knows best and he is tired of people telling him no or slowing down his agenda

i have great respect for larry kudlow i used to be on his show when he did it with cramer years and years ago when i was at merrill. he was a great economist when he was at beararns. i've never seen so much hoopla and hype for an appointment. this position, this economic position, was created by bill clinton back in 1993 you know, the only chief economist position at the white house that ever really spun the dial on anything was the first one, who was probably bob reuben, who managed to push a left-leaning bill clinton, you know, closer to the middle so you know, the plethora of these roles ever since has had zero impact on the economy and zero impact on the markets i think that it's a nice flash, but in terms of what it means realistically, for the markets or the economy for that matter, i think is very little >> for the markets, though, there could perhaps not be a better time for somebody to be in a role whose job it is to push the president more towards the middle, michelle that's certainly what the markets would want >> i couldn't disagree more, i guess, with what david has said. it's true that the import of this position kind of has waxed or waned depen

larry kudlow today. but they are not ruling it out for later in the week. he is seen as the frontrunner, but the president also says he is looking at other people as well so bear that in mind everything here is a little bit fluid as we have seen through the morning today. and no indication that that announcement is coming today, but of course things change around here. >> always fluid at the white house about seems. thanks >>> rex tillerson of course just the latest to leave president trump's cabinet and his inner circle he joins a long list of departures including gary cohn so why have business leaders not faired so well in this white house or in other white houses for that matter? and what now for the trump agenda let's talk rex-it and more request state correspondent for "new york times" and also michael allen with beacon global securities he served in the george w. bus white house in a variety of national security and policy roles. gentlemen, very good to have you. can we generalize, is it fair to generalize on the departure of mr. cohn a former goldman sachs player, big hitter there, and mr. tillerson that business people don't work well in this cabinet o

was to bring to bear on the white house and on the president outside voices, especially from the business community saying don't rush into this that's the role that somebody like larry president, we know this is the direction you want to go hear out these people before you do that. i hate to keep saying this, but the process is important making sure the president doesn't rush into something before he hears what other people have to say >> greg ip, have to leave it there. thank you. >> thank you. >>> coming up, we will talk march madness. eric is here stopping by the set. >> today the first games of the ncaa tournament. we'll talk about everything involved there are billions of dollars at stake. "squawk box" coming back . >>> today marks the beginning of the ncaa tournament with the first four games today and tomorrow featuring rat ford versus liu, brooklyn and ucla versus st. bonaventure the selection committee conveniently -- had a high rpi for usc. >> the highest rpi of a power five conference team to not make the tournament >> not fair. louisville, have you heard anything about louisville courting chris mack from xavier? >> that's your account anything cincinnati