so it was unplugged larry summers. alix: you got to love unplugged larry summers. you so much, david westin. really looking forward to watching. two and into bloomberg television this evening for "wall street week's" first episode. more with larry summers and roger ferguson at six clock p.m. and all throughout the weekend on bloomberg television. now we want to give an update on what is happening outside the business world. viviana hurtado is here with first word news. viviana: iraq moving forward with the demand for u.s. troops to leave, asking the u.s. state department to decide the mechanism for american forces to leave. iraqi lawmakers calling for u.s. soldiers to leave after a u.s. air strike killed a top iranian general. iran coming on western governments to prove their claims that the ukrainian jetliner was shot down. the leaders of the u.k., canada, and australia say they have intelligence showing the plane aash near tehran was hit by missile. you are about to see a flash of light right there. this reportedly shows the moment the missile hit the plane. this

larry summers agrees.e spoke on her new show "wall street week." >> ben bernanke gave a speech that i think was a kind of last hurrah for the central bankers. he argued monetary policy will be able to do it next time. i think that is pretty unlikely in recessions we usually cut interest rates by five percentage points and interest rates today are below 2%. i don't believe that quantitative easing and that stuff is worth anything like another three percentage points. vonnie: you can catch larry summers and roger ferguson and others on bloomberg tv and bloomberg radio. every fridayeek, at six clock p.m. new york time. this is blue -- 6:00 p.m. new york time. this is bloomberg. ♪ vonnie: time for your bloombergquint take. the fda took steps at curbing underage vaping. they banned flavors blamed for getting millions of young people hooked on e-cigarettes. one fourth of american high school seniors say they indulge. now a debate about how marketing is attracting billions of non-smokers to hook a new generation.

ijf talked to larry summers, the former treasury secretary yesterday about that.s plan to have an automatic physicalfá intrusion. this is what he said. >> olivia blendq chart and i w-@ talkingr some automatic stabilizers, the çófáidea that rather than relyir togress to organize itself act each time there's an economic downturn, we should do v0ain changes in spending. d6 is directly related to the sahm t(rule because that is one of te triggers people think they might use for the rule larry summers lpdescribed. claudia:lp i agree with larry. exists,on thet(jf sahm rule the reason ifá needed to think about when we are in a recession is because i had think -- i had looked at eight policy proposal to push out direct payments to households and have congress commit to those before we get to the point we need them. i want to addr proposal, there was a volume called recessiontúweady that cae out in may of next year. the washington center for equitable growth, the hamilton project work together on this volume, and in addition to the direct payments i proposed, there were m

david: that was former treasury secretary larry summers weighing in on what he did not hear about inemocratic debate earlier this week. for their views, we welcome our , andical panel, al mottur here in new york, ryan burger ski, republican strategist, and author of "they're not listening ." let me start with you in washington. ,o you agree with larry summers that democrats are not stepping up on the question of growth? that is something president trump pushed hard when he was running for president. al: there is some fairness to the critique that it can be equally applied to the republican party and the president. one big issue that is not being addressed that both parties agree on concept that can grow our economy, and that is infrastructure. m we invest in our economy, and republicans can claim victory. more importantly, provide that growth that secretary summers is talking about. we have had a tax cuts and the deregulation that most democrats don't want to agree with, and trump wants to claim credit for where we are, but we need to have better growth. said: one of the things he is

one of the questions we raised in "wall street week" with larry summers is at the end of the day, areless secure after all of this happened? this is what was said. >> would you say that americans are more or less secure today? >> he had the blood of thousands of americans and many others on his hands. in that sense, he was a legitimate target. but i think other presidents had the opportunity and decided not to take him out because of the second and third order strategic consequences. guy: that illustrates --david: that illustrates the problem. we are in uncharted territory. that is why president trump would say we had to do it, but we really don't know what the consequent is might be. guy: what was the takeaway in terms of where this process goes next? the president was talking about involving nato. he talked about rolling the middle east into the nato process. is there a desire to approach this from a multilateral point of view in the way that may this is ministers and hasn't done? david: it is fascinating. he was talking about yen stoltenberg, who runs -- about jen stoltenberg, who

larry that was kim lew, summers, and roger ferguson.t 6:00 eastern, and airing everywhere online. this is "balance of power" on bloomberg television and radio. ♪ airing everywhere power" on bloomberg tele david: this is "balance of power" on bloomberg television and radio. i'm david westin. family'ssh royal spinoff is taking another turn today. senior members of the family, including the queen, prince charles, bullion, and harry met today to discuss the duke and decision toussex's step away from royal duties. tom that cap joins us from london. we have a letter from the queen. i'm not sure the last time i saw a letter from the queen, saying we had constructive discussions, we respect the fact that they want to step back, even though we wish they wouldn't. exactly. some element of progress around this whole affair, which is still very much shrouded in confusion. what the statement is doing is kicking the can down the road for a few moresome element of pd this whole affair, which is still very days, but at least some clarity now. it seems

treasury secretary larry summers, dismissing the optimism of fed bernanke.id that the central bank could likely fight off a next recession despite low interest rates. you can watch more of that interview this evening. today marks the return of bloomberg's "wall street week." definitely tune in. anna: staying with the u.s., today's payroll numbers for december will provide clearer perspective on hiring, after skewing from a strike at g.m. let'talk about the u.s. john -- the u.s. economy with john wraith of ubs. what are your expectations for the jobs report? the adp number in the middle of the week looked strong. tone for set the something positive? john: it was strong and it might mean there is some upside expectation, but correlation has not been great, with a lot of volatility in recent months. is about right0 for overall payrolls. more interesting to us is where we go next. there was job creation last year, the weakest year in several, but enough to keep the consumer performing ok. but there are underlying signs of cooling demand. retail sales, people thi

this week it will be larry summers and roger ferguson, ceo of tiaa talking about the events of the weekour panel will be joint by the former under secretary of defense for policy to discuss the top story of the week, which is of course iran. escalating tensions over there and what comes after the attack last night. that will come your way this friday at 6:00 eastern on bloomberg television and radio. power" onalance of bloomberg television and radio. ♪ david: this is "balance of power" on bloomberg television and radio. it is time for the stock of the hour. lennar is one of the days best performer. shares are up after the home peter beat the highest fourth-quarter estimates. i am joined by bloombergs kailey leinz. kailey: it is good news for lennar. they beat on the top and bottom line. new orders were up 23%, came in over 13,000, far more than the street was looking for. you also had deliveries up 16%. that helped offset the fact that prices were down. that in some ways is not intentional but the result of to push moretegy into the entry-level market attracting the millennial homebuyer

in this weeks episode of bloomberg wall street week, we sat down with larry summers, roger ferguson,ue head of sustain a steep -- sustainability to discuss what could be done in the airline industry beyond merely talking about it. >> each airline flies planes differently. what we are doing is taking care of the carbon on the customer's behalf without asking them to make a sacrifice. we are not saying squeeze your knees in or give up first-class. we are saying, flying needs to happen, you need to be on our aircraft. that creates carbon emissions, which we need to take care of as the cost of doing business. >> how but the speed at which you fly? >> flying slower does in some cases save fuel. a more business and customers have a way to do it is to buy jetblue has. like the new aircraft are increasingly fuel-efficient. technology, i'm often hearing the answer is technology, dropping down the need to consume fossil fuels as we wait for more green fuels. what are you seeing when you talk to providers of jet engines that is helping you give you confidence that this will get better? >> aviat

this week will be larry summers and roger ferguson talking about the events of the week.ur panel will be joined by the former under secretary of defense for policy to discuss one of the top stories of the week. that is yes relating tensions with iran. that is this friday at 6:00 eastern time on bloomberg television and radio. ons is "balance of power" bloomberg television and radio. ♪ david: this is "balance of power" on bloomberg television radio. it is time for the stock of the hour. shares of johnson & johnson have been bouncing around despite results from a new study that major rail arguments the company's baby powder causes cancer. kailey leinz is here with more. this is the core franchise. this is the brand. kailey: there has been a lot of ongoing legal issues with this brand. in the fall you had the fda issuing a recall of these products, 30,000 bottles removed from stores because they found asbestos. johnson & johnson is also facing 17,000 lawsuits, allegations this causes cancer, both ovarian as well as mesothelioma. the study was sponsored by the u.s. government

willweek, larry summers join david in conversation.y friday at six clock p.m. in new york. p.m. in new york. larry summers was talking about the challenges of monetary policy going forward. do you believe it will gain traction? >> i don't think so. it is a step too far. a lot of things will happen before they become serious. recession could get a and it becomes worse than a normal, cyclical thing. we could get combined fiscal easing. it smells like it. more or less, it is explicit or implicit. we are expanding the budget, you are buying more of it. francine: for all of this liquidity we saw for the last 10 years, it is a real nuisance. unintended -- puts so many unintended consequences at the forefront that it does more bad than good. are gainingis we time but not much gets done. reforms at the eurozone level and country level, we have not seen much at all. put yourself in the shoes of a policymaker, they are struggling to win elections. they are dealing with more traditional government. why would you waste political capital to do unpo

actual increase in new deal spending according to an historical analysis of these other programs by larry summerse top adviser to obama and treasury secretary for clinton. we're talking about an incredible peacetime increase. but the other candidates, clinton in '16 and the field this time, have chosen not to directly engage him because they don't think he can win, which may be an outdated view, and they don't want to alienate his fervent supporters. >> you did see very quickly, guys, joe biden, it wasn't directed at sanders but more generally at sanders and warren. joe biden was saying, how are we going to pay for it in the debate. i wonder. that's a big problem if bernie sanders is the nominee. everyone needs to read that. because that is the easiest thing to say. bernie sanders wants government to solve all your problems. it's going to cost $60 trillion and how is he going to pay for it? raise all your taxes. if electability is the most important thing, that's an issue that should be litigated in the democratic primary, even if it's not a priority for democratic voters. >> although in fairness

we will sit down with larry summers. >> share your most intimate secrets with your federal bank.onal economic council director. >> no question we have done constructive things since 2008. david: and roger ferguson, tiaa ceo. >> retirement is not a crisis. david: and former federal reserve vice chairman. and our special guest, michelle floydfo

this week, larry summers and roger ferguson, talking about the events of the week. will be joined by the former under secretary of u.s.se for policy on the confrontation with iran. that will come up at 6:00 p.m. eastern time tomorrow on bloomberg television and radio. this is bloomberg. ♪ and they lived happily ever after. the end. the end might not be as happy as you think. after all, 4 out of 5 people who have a stroke, their first symptom is a stroke! but the good news is you can rewrite your ending and get screened for stroke and cardiovascular disease. life line screening is the easy and affordable way to make you aware of undetected health problems before they hurt you. we use ultrasound technology to literally look inside your arteries for plaque that builds up as you age- and increases your risk for stroke and heart disease. so if you're over 40, call to schedule an appointment for five painless screenings that go beyond annual checkups. and if you call us today, you'll only pay $149-an over 50% savings. read it again, papa? sure. i've got plenty of time. li

can you concede the sugar high was the wrong call from you and larry summers?s at dinner last year >> no. >> by the way, joe, nice to see you, too >> you're saying you don't feel -- >> joe, can i speak for myself >> okay, let's hear it >> what i said, the argument that i made was when the trump tax cuts were touted to generate 3% to 4% economic growth, above 3%, the bets i made around the dinner table were over/under for 3% the number is now about 2.5% for that year. so it way underperformed the expectations of the bulls for it two is my main concern which you didn't articulate i didn't think adding $1 trillion of debt to our u.s. economy at a time period in which we were in recovery and should be reducing the debt load on our economy for the benefit of future generations was correct. there's a presentation that was made to a group of investors today about how countries lose their sovereign credit rating and one of them is when they take on immense amounts of debt at this part of the cycle of their period as a reserve country. so i don't, i still have a great d

the other side, which larry summers represents, is there is a demand problem.ng. we do not need as much stuff. the sides cannot agree on what the issue is. the fed is sitting this out, trying to figure out what it is that the inflation dynamic -- they admit they do not know. alix: i wonder, is it possible you have different dynamics in different sectors? some sectors we are looking at things like peak margins and unit labor costs being too high, versus others that have a lot more flexibility? how do you look at it? forget, weet's not have been importing deflation, if you want to look at it that way, particularly since we let china in to the wto in 1989 until today. we have had this deflationary cost of goods in a world where the demographics has not been where it is at today. now we have this demographic ahead of us and we have a point in time where perhaps over the next decade plus, the deflation importation story might be broken. the phillips curve has looked broken for a long time. there might be some point where it starts to matter again. we think we are ah

larry summers, secular stagnation, not just alan, we have a good discussion at aea, larry summers, myselfh, he was more optimistic. monetary policy toolkit would work. janet yellen, summers and i were on the docket, try it but do not put all your faith in it. worry about fiscal policy. that is where the action will be. tom: this is incredibly important for 2020. fancy physics words like responsiveness or elasticity or fluid dynamic. the viscosity of the american system. does the engine need a quart of oil? adam: it seems to. we're doing the best we can with what we have got. growing above potential probably . it is getting worse, in part for political reasons we were discussing. no matter what we have done, with very large tax cuts, regulatory changes trump has done that are very favorable to business with a growth environment, with not very much wage growth, you are still not seeing a strong pickup in private investment. you can say that means it has nothing to do with policy. i would say it means we have had a regime change to a much more uncertain regime. there is clearly something fun

has not released the total cost of his plans but a new estimate by the former treasury secretary larry summers60 trillion over the next decade more than the total spending of 52 trillion. it would be two and a half times bigger than fdr's new deal and federal spending as a share of gdp would grow by 20%. that would be the largest since world war ii now, you compare that to senator elizabeth warren's plan. that would increase spending by 12% of gdp buttigieg by 2%. and biden by 1%. sanders' big ticket item is of course the medicare for all plan that would cost around $30 trillion over the next decade. his green new deal adds another $16 trillion add to that his jobs for all plan that would give every american who wants a federal judge a job. that adds another $7.5 trillion. on top of that you've got the plans to cancel all student debt universal preschool. and universal child care all of which expected to bring it up to that $60 trillion number now, sanders has proposed about $20 trillion in new taxes that would be on the wealthy, wall street, corporations unclear, though, how he would raise th

there was a warning, larry summers, stagnation, parabolic move to the downside. told by this smug cocoon of so-called experts. i'm bullish on the economy. stuart: okay. i think the china trade deal signed on january 15th, discussions to follow on phase two, i think that takes china trade off the table. i think it's a big plus for the market and the economy. liz: i was talking to people on wall street, including at jpmorgan. they are saying it's already baked in. in other words, the china deal is already in there and they are looking ahead and saying companies aren't going to start reinvesting in the u.s. so you go for the consumer spending stocks, you go for the companies in the oil patch that continue to boom. 12.6 million daily output barrels, huge. and you know, so then you look at the 2020 democrats and they are talking about getting rid of the oil patch that stopped the u.s. from going into recession last decade and you know, you have joe biden talking about cash for clunkers again, green jobs, that didn't go so well with solyndra and obama. the leadership b

larry summers, bill clinton treasury secretary, senior economic advisor, he has written big op-eds, thisve capital gets taken out of the system and puts into unproductive capital. it was a failure in denmark and sweden and france. so funny how liberals are always telling us look what is going on in sweden. let's do that. with the wealth tax, sanders and warren are doubling down what has been a failure everywhere. pete: talking point works for them right now in a far left primary. take from the wealthy and use it to pay for other things. does that, does reality you're talking about ever connect with the american people's perception of it? >> there is enough class envy and covetness in our society people love idea of taking money from people that have more than they have. that doesn't make it right. certainly doesn't make it american. the reality, we all know people maybe got lucky in life, born into a good family. that is not what this is about. even them, i don't think you should confiscate wealth from people. pete: of course. >> this is a tax on wealth-producing activities. we all need

larry kudlow says later in the summer, the tax plan will be released.s a day, on air and @quicktake on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am viviana hurtado. this is bloomberg. francine: thank you so much. let's get more on the market in 2020, on banks, and some of the pitfall valuations that we could be seeing. as a state street senior multi-asset strategist, and daniel morris is still with us. there are a lot of banks that came out with earnings. a lot of them beat estimates. what do you do with european banks? how much do you wear negative rates will cut -- rush them? are thoughtful to have a large capital market ranch that has done well for them. -- branch that has done well for them. europe,ok across capital market branches, businesses are quite a lot smaller proportionate to european banks and it is somewhat bad european corporate's, but still not as strong as the u.s. consumer. it is not much in terms of positive sentiment. francine: it feels like 2020 will be the year for europe in general o

how much longer can she wait can she hold them until i don't know the summer the fall when the election's going on i know that larry look when i was trying cases as a prosecutor you couldn't sit on and you return the charges you had to send them over to a judge for the jury to pick up and start try or you got your case thrown out of court yeah bill and you were plus a who do you knew the defense was right and you knew and still says start of the suit. and if you had a certain date in the sense that the information that they won't give to you what do you do boy oh boy that's that's a great point and it sort of goes to this point that i've thought about a lot is that politics and prosecution don't mix do that i mean this is political that's what this is it's political. very little about the law is really involved in this process and it's it's basically unlike the clinton administration the clinton impeachment and even the andrew johnson impeachment you look at those are the only 2 for the president nixon got an ever got around to it but even when you look at johnson and clinton there was bipartisan movement on both o

summer. >> all right larry, always helpful. appreciate it very much.n >> thank you >> dow session highs up here 105. s&p, 3,293 jim, your thoughts on what's on "mad" tonight? >> i continue to believe there's a good feeling in the banks. i got to tell you, this shrug off of target is extraordinary you would expect retail down i just see the market is strong. it's just strong it's target specific what can i say people want to own stocks really badly no matter what i think any amount of caution is proving you wrong right here i don't like that. it's true. amazon is up big if the consumer is really hurt and slow because of target, it looks like target just lost share. i got to believe they just lost share. >> when toys are flat and electronics are down six at target, something is going on on a share basis. >> amazon is lagging apple, facebook dramatic so far this year. >> no doubt about that i would have thought someone would have said target is a great company. maybe the consumer was much worse than we thought. that would not be a job with what jpmorgan a

vote of being a unanimous pick and former rockies slugger larry walker was elected in his tenth year on the ballot. they will be inducted this summert in "the pulse," the restrictions on what senators can drink during the impeachment trial. >>> also ahead, the 3-year-old shocking the world thanks to his exceptional i.q. >>> plus, a possible cure for your cell phone addiction. unpredictable crohn's symptoms following you? for adults with moderately to severely active crohn's disease, stelara® works differently. studies showed relief and remission, with dosing every 8 weeks. stelara® may lower your ability to fight infections and may increase your risk of infections and cancer. some serious infections require hospitalization. before treatment, get tested for tb. tell your doctor if you have an infection or flu-like symptoms or sores, have had cancer, or develop new skin growths, or if anyone in your house needs or recently had a vaccine. alert your doctor of new or worsening problems, including headaches, seizures, confusion and vision problems. these may be signs of a rare, potentially fatal brain condition. some serious allergic re

larry: no. tax points two point be unveiled sometime during the summer during the campaign.eant to to roadmap for future middle class tax relief and just economic growth in general. do not expect them to appear in the budget. joe: that was national economic council director larry kudlow in davos. from new york, this is bloomberg. ♪ scarlet: coming up, don't miss this, texas instruments reports fourth-quarter results after the bell. joe: lor housing data existing home sales for december out at 10 a.m. eastern. scarlet: that does it for "what'd you miss?" "a bloomberg technology" is up next in the u.s. joe: have a great evening. this is bloomberg. ♪ s bloomberg. ♪ when you move homes, you move more than just yourself. that's why xfinity has made taking your internet and tv with you a breeze. really? yup. you can transfer your service online in about a minute. you can do that? yeah. and with two-hour service appointment windows, it's all on your schedule. awesome. so while moving may still come with its share of headaches... no kidding. we're doing all we can to make moving sim

summer. what then, larry, his love to be done? how big of a hill is that? >> two things real quick. biggest hill was getting phase one. which has never been done befo before. the president's leadership including the tariffs, the work of bob lighthizer, steve mnuchin, our hole trade principal's team. done before to your question, we move into phase two immediately. the president will be speaking with the vice president and others to announce that. i would say to you probably the toughest nut to crack in phase two will be to really level the playing field and take care of unfair practices, regarding forced transfers of technology. it's a literal property, that's america's creativity. that's our freedom to produce and invent. we have the greatest in the world. they're really strong strictures and changes in phase one, including changing chinese criminal penalties. which is a huge thing. civil and criminal procedures will be changed. that's a big part of their remedy and a big change for that will still leave us, however, with issues on whether the government gives licenses to american

larry walker, he shot a 54% last year's vote to get in to 76 this year. walker is well aware that jeter will be the main attraction later this summer in cooperstown. >> i was thinking about it that as great as derek is, remember those old 45s we used to listen to? they had the song on the letter a side. the song on the b side you really did not know about, i'm the b side. >> the idea of richard sherman being a leader on the 49er defense team unthinkable six years ago when he unleashed this infamous postgame rant. >> i'm the best in the game, will you try me. >> that is the result you are going to get. >> don't you ever talk to be me. >> the fans hated that. the seahawks went on to win the super bowl that year. >> now, sherman is looking to win another one with the 49ers. not much has changed besides the uniform. sherman leads the top ranked pass defense and return to all pro forma following a torn achilles in 2017. little older. back then they do not call me uncle, i was a young pistol starter. now it's your nine, is a different feel for me, you appreciate things a little on gets to go the football my s super bowl. he wants a ring for his birthday. i will

summer a challenge even ski. paris. boom bust is coming our way in just a few moments time and for all you gave us it's larry king now it's even about in 30 minutes with the latest news about. operations i understand that a cost of doing business is buying and building support in washington d.c. and that includes staffing up with former members of congress put them on your payroll you want to hire a chief of staff from a powerful senator or a committee. member get their chief of staff put them on your payroll as a lobbyist this is what washington does on a bipartisan basis in fact i think it's the only point of true bipartisanship in d.c. is corporate influence over government. this is a story about what happens austria stray bullet kills a young girl in the street. what happens to her family and daughters in florida no mother daughter is buried in a cemetery it really messes with your head what happens to the community the public was screaming for a scapegoat the police needed a scapegoat so why not choose a 19 year old black kid with a criminal record who better to pen the sob than him and what happens in court b b b b.

. >> joining derek this summer and the hall of fame, i don't know about this, this was not an automatic choice for me. larry the second ever canadian born player to go to the hall of fame. he was born in maple ridge, canada. 17 years and the major leak, great player no doubt, but the hall of fame is got to be very, very special. upper, upper echelon. two time batting champ, seven goals left, great career no doubt. the roger clemens a 61%, barry bonds in their, all connected to the likes of mark maguire and sammy sosa as well. >>> all right, super bowl about two weeks off. we will have so many things to talk about. but at the top of the list right now is the shanahan family. mike shanahan, insuperable winner himself, getting to have nfc championship trophy to his son. what an event that must've been on both sides of it. last time the 49ers won the super bowl, kyle was the ballboy, the offensive ordinator seen here with the atlanta falcons were lost to the patriots. kyle is talking about how important this first week is before you travel down to the side of the super bowl and getting a jump on the opposition.

summer of 2018. one other point i want to highlight in our reporting is the level of purchases the chinese will be making as part of this deal you heard larry kudlow earlier today put some ranges on those numbers. but three sources familiar with this deal have provided a little more specifics i have made a graphic of this but i do not have the numbers right in front of me now you will see $32 in agriculture purchases, just shy of $78 billion in manufacturing goods and roughly $ 50 million in the energy space and $40 billion on services as well you can see the specific numbers, total is $200 billion those are the purchase targets china will be trying to make the administration will be inhaling that significant portion as a win here. that's something the president ha been pushing for throughout these negotiations but china has only said up to this point it will be buying from all of these overseas vendors in coordination with the market demand certainly trying to couch exactly what it will be doing, even though the administration of people we have spoken with who have seen this deal have been willing to put a finer point on >> caleb, before i

larry hall was responsible. not only did hall live 25 minutes from indiana wesleyan, he had been identified chasing two co-eds there just a week after tricia went missing. so in the summer95, a month after convicting hall for jessie roach's murder, beaumont was leading a search for tricia. it was in those same indiana backwoods where hall had told indiana authorities he dreamt he killed and buried tricia. >> i wanted to feel like i did everything i could to see if we could find her body. >> but after two days searching in sweltering heat and humidity, tricia's body didn't turn up. >> we couldn't find anything. doesn't mean it wasn't there. >> then beaumont decided to try something completely different. >> i came up with the idea of putting somebody in the prison cell with him to see if we can get him to tell us what he did with tricia reitler. >> they didn't think you were crazy? >> most people did think we were crazy, yeah. but i was able to convince them we should do it anyway. >> enter jimmy keene, the drug dealer beaumont had just convicted and sent to a low security prison. why did he stick out in your mind? >> because i knew he was kind of a con man. he was smart.

larry walker elected in his tenth and final year on the ballot. he made it in. they'll both be inducted in the annual ceremony in cooperstown this summer>> congrats to them both. >> good news for them both. >>> following a lot of other stories this morning, including harry and meghan they are fighting back against the paparazzi threatening legal action as they start their new lives in canada. >>> and those stunning claims rocking the music world. the ousted head of the grammys alleging the voting is rigged. >>> first to ginger. >> miami dropped to 40 degrees. that is the coldest in more than nine years. their windchill right now, 33 so, yes, they are cold all the way through south florida. that cold blast bringing subfreezing windchills from tampa to orlando. jacksonville all in the freeze warning this morning. those records, at least long time have been falling and will continue and 80 by friday. the windchill forecast brought to you by walmart. >>> for what it's worth, derek jeter, you're unanimous with us. >> yes. >> all right. >> yes. >> all right. fights cancer, repairs shattered bones, relieves depression, restores heart rhythms,