larry summers probably also something that's certainly possible.anyone else with questions i think there might be might be a. well, thank you so much, clyde. this was one of the.

larry summers probably also something that's certainly possible.anyone else with questions i think there might be might be a. well, thank you so much, clyde. this was one of the. know you've written a tremendous and in-depth analysis this of huawei, which is a firm that we hear a lot about bon

larry. >> summers and former. cia director. >> and defense. >> secretary leon panetta. >> good day, everyone. >> i'm andrea mitchell in washington. the president has just delayed his threatened 25% tariff on mexican goods for one month. after talking to mexico's president and assigned secretary of state marco rubio, to lead negotiations on tighter border controls, u.s. >> stocks are rebounding. >> after a big drop in today's market. >> opening on. >> fears of a trump trade war. >> now there's hope. >> of a similar. >> 11th hour. >> deal possibly could be reached with canada after a planned call between mr. trump and prime minister justin trudeau this afternoon. trump's threatened 25% tariff on most canadian. goods is scheduled to start just 12 hours from now, along with an additional 10% tariff on china. also in washington, elon musk and the president are wiping out u.s. aid as. >> a separate agency. >> musk posting has the president's approval to, quote, feed u.s. aid into a wood chipper. the federal agency has p

. >> former treasury secretary larry summers, what it means. >> for you. plus, the political blowback and another dizzying week. trump unveils a strict hiring freeze. an fbi purge and a botched funding halt. my panel will break it down. and what to expect next. plus, democrats decision the new leader elected to lead the party through the new trump era. >> this is a new. >> democratic party. we're taking the gloves off. >> his game plan for how to take on trump. inside politics the best reporting from inside the corridors of power. starts now good morning and welcome to inside politics sunday. i'm manu raju. it's been a whirlwind second week for the 47th president. and the trump vision for his new term is becoming clearer. he's testing the limits of his power, pushing the boundaries of the constitution, seeking a dramatic overhaul of the federal government that he now controls, and now sparking a trade war with america's largest trading partners, injecting fresh tension with the nation's neighbors, whose economies have become intertwined over the past sever

treasury secretary larry summers joins me to discuss the trump administration's potential constitutional overreach with the efforts to meddle in the department that he used to lead treasury. and a quick note scan this qr code on your screen to follow me on blue sky. you can find me at social, but all you actually have to do is scan the qr code. is that a qr code? yeah, that's. i never get this right. i've been calling it a barcode. scan the qr code with your phone and it'll take you right to my page. another hour of el sheikh begins right now. good morning to you. it is saturday, february the 15th. day 26 of donald trump's second term since returning to the white house. president trump and his administration have moved aggressively to expand the powers of the executive branch and fundamentally remake the federal government. and it's putting the constitution through a stress test. in less than a month, the president has signed a number of executive orders to undo biden era actions and to enact his own policies, including some of dubious legal merit. one such order seeks to end birthright

larry summers is quite correct that this is a high number and you got to worry about deficits and this, totally correct on that and trump is the guy who will solve it in ways larry summers will like him. david: another subject quickly. at one:00 today donald trump will hold a press conference on reciprocal tariffs from the oval office, what do you make of reciprocal tariffs, you tariff me 10% and i will give you 10% right back at you. >> of all the major trading partners we have, the other people tariff our products more country by country than we do to their tariffs. we are the low tariff big country of the world and they are higher tariffs than ours. reciprocal means the us raises tariffs relative to their tariffs or what is really going to happen is they will negotiate much lower tariffs they have on us and they will come down to our level. this is what donald trump did in his first term. the usmca, the south korean deal. all of those were improvements in free-trade. the way i read donald trump, goodness knows he has his own person but the way i read donald trump, this will mean low

. >> let's expand the conversation now with larry summers. he's a former treasury secretary under president clinton. larry, thanks so much for sharing part of your afternoon with us. i do wonder what you make of trump and some of his administration officials saying that canada is inciting this trade war through their actions. do you see it that way at all? >> it's absurd. >> canada is. >> our friend. canada is not an. >> important source of illegal immigrants. canada is not an important source of illegal drugs. kennedy is an important market for american products. canada is a crucial co-producer with american automobile companies that enable north america to compete with asia and europe. this whole policy is of the stop or i'll shoot myself in the foot kind. it represents a self-inflicted supply shock, a wound on the american economy. it is very dangerous. the major winner will be xi jinping. >> why do you say that? >> because we are with our tariffs on china, giving him an excuse for their poor economic performance and ability to blame it on

charles: he and larry summers predicted the inflation we would get, and we got it. while -- it's been a whirlwind. what these hostages that have been returned are saying, listening to rfk jr., you get goose bumps really. but what i think is so amazing, he's done the things we thought economically, but the diplomatic stuff is standard -- starting to unbold, and it feels like this russia-ukraine -- >> brilliant statesmanship. charles: right. >> the europeans are beating the heck out of trump right now at the munich defense conference, and they're all a wrong. he's not giving away anything to vladimir putin. he's trying to make a peace deal. and joe biden never had the courage or backbone to talk to putin directly. charles: right. and the argument, the sort of notion that a putin is winning or will have won, you know, listen, wars come to an end. there are conclusions to wars and conflict and, guess what? it's not an argument over who won or, you know, like the idea that they were going to push russia all the way back and reclaim things that were lost under obama alway

uh, it's just very, very hard for me to understand. >> all right, larry summers, thank you very much. thank you for your time. we really appreciate it. >> thank you. >> i want to go back to alayna treene now, who is in west palm beach? let's touch base with her. now that these tariffs have been signed and we are learning more information just to remind everybody. 25% on mexico and canada, an additional 10% on chinese products. this is going to affect fruits, vegetables at the grocery store. it could likely affect car prices. sneakers. for a lot of people, these are the kinds of things that could likely be included. but what more are you learning? because we still need more details on on all of this, especially when they go into effect. >> that's exactly right, jessica. and yes, the president has signed these tariffs. and i want to be very clear. it's a 25% tariff on all imports, all goods coming from mexico and and canada. i want to add, though, with canada, there is one exception. and this is according to a white house fact sheet that i obtained regarding the details of these tariffs

what i just heard from larry summers did not sound partizan to me at all.et five treasury secretaries to sign off on something together. but none were republicans. >> yeah, i. >> think they're focused on the sanctity of our treasury. right. and when we think about what do they do? they issue treasury bonds. that is the bedrock of the global financial system, right. so if you have this organization, doge, which is just an appointed organization that really doesn't know how these operations work, and they shut down payments. >> it could be. >> any. >> sort of payments. then you have. >> folks lose. >> confidence in the us treasury, right. >> and if that. >> happens they default on some of these payments. >> they could have a. >> downgrade by the rating agencies. and what happens to. >> that that could like literally cause. >> global financial panic if that were to happen? it did happen once in 2011. you remember that global. >> markets. >> stocks, currencies, everything. >> they went. >> haywire for a bit. >> you know. >> so those are the things i. >> think t

i mean larry summers, the former treasury secretary, posted on social media, where now i'm quoting from his thing, we're now in the riskiest period for inflation policy since the early biden administration that's following today's cpi. ken griffin yesterday at a conference down in florida, talks about the rhetoric from the white house about tariffs, which he calls. these are his words bombastic. he says the damage has already been done. it's a it's a huge mistake to resort to that form of rhetoric as it pertains to trading partners. what do we think? does that does any of that matter or is it just noise? >> i think. >> it matters. >> you know, our call for the first half of this year. >> was the market would be. >> lower. >> you know, choppy and lower. it's the first time we've had sort of a negative view in a. >> long time. >> and two of the reasons you just highlighted there, one. is i think we're closer to the end of dreaming that the accommodation is bullish for equities. >> you know, just. >> like at the end of 22 people said you know what? we've been hiking a lot. we're close to t

but openai director larry summers says he has not received any formal outreach from musk. openai's sam altman replying to musk when he sat down with bloomberg earlier from the paris ai action summit and gave this response. sam: i think he is probably just trying to slow us down. obviously he is a competitor. he is working hard and has raised a lot of money for x ai. they are trying to compete with us from a technological perspective, getting the product into the market. i wish you were just compete by building a better product. gosh i wish he would just compete by building a better product. >> let's get to bloomberg technology's caroline hyde who has been following the whole thing. interesting and it frankly disrespectful comments on either side. sam altman saying, this is not serious and we aren't worried about this. we get up every day to do our work and elon should probably do the same. but the board will probably have to take it seriously and come back with some kind of retort. taylor has had his own tumultuous relationship with elon musk since he was on the board of t

a court has already made an order here that it is problematic. >> former treasury secretary larry summers, thanks so much for your time, sir. appreciate it. >> thank you. >> well, we've got live pictures to show you right now in philly. we're not looking at light poles here. those are probably all gone at this point. fans, though, are on the lookout for the new super bowl champions. philadelphia eagles headed home, but their mvp jalen hurts. he's down in florida and we plan to speak with him in just a few minutes. but first an urgent turn in the middle east. threats from hamas and israel and hostage families caught in the middle of yet another dispute shiri bibas lockerbie. >> sunday at nine on cnn. >> if you take or have taken humira for. moderate to severe crohn's disease or ulcerative colitis and still have symptoms, you don't have to settle. ask your gastroenterologist if switching to rinvoq is right for you. it's one of the latest treatments from the makers of humira. rinvoq works differently than humira and may help. rinvoq is a once daily pill that can deliver rapid symptom relief,

you know, this is really not just us, you could go look at jason furman, larry summers, economic advisersf president biden kept saying don't do this, you're going to cause massive inflation. in fact, jason furman has a thought provoking piece in foreign affairs right now calling the biden economic record a tragedy. this is them, not us. we've got -- >> you're talking about fiscal spending there. >> excuse me? >> you were talking about fiscal spending there. >> well, where does inflation come from, right? what we're doing now is we've got really a multi, multifaceted plan to end inflation. i will go quickly because i want to end with what we're doing with egg prices. we have an macro economic plan that has more supply and we will reduce government spending through what doge is doing and congressional action. the macro economic forces are going to be reversed, that's a good thing. we're also going to have a lot of energy production, a lot of deregulation and finally when needed we're going to focus on the individual thing by thing pieces. so, for example, you mentioned ave i don't know flu.

i'm watching wall street journal, larry summers, former treasury secretary and kentucky republican rand paul, friend of mine. fine. people that are not afraid of tariffs and don't think they'd have taken any economic harm. ready for this? art laffer larry kudlow, kevin warsh, stanley drukenmiller, jamie dimon, dan loav. kyle bask. a lot of people not living in left wing circles are not worried about this, would like to track down drugs as much as possible. whatever the cost. , and half a percentage point for a few months is a nothing berger. >> the fed staff came up with the same thing in 2018. larry: what did they say? >> tariffs are one off price adjustments. >> chris lawler said that too. one time small move in prices, maybe, and certain prices and not inflationary long term. i was looking at charts that showed the impact of these tariffs on mexico and canada would have been significant even without retaliation and would have mattered a lot to them. larry: to them. to them. of course it would. but their currencies have nose dived. >> absolutely. larry: that's high inflation. our curr

everyone -- i am watching "wall street journal" quoting larry summers, former treasury secretary, kentuckyublican, rand paul, a friend mine, here is some people who are not afraid of the tariffs, and don't think they would have take any economic harm. ready? art laffer, larry kudlow, kevin warsh, stanley druckenmiller. ja-- jamie dimon,. kyle bask. do i need to go on, a lot of people, who don't live in left wing exting circles are not worried about it would like too track down drugs as much as possible whatever the cost and half a percentage point for a few months is nothing burger. >> fed staff came up with the same thick. larry: they did. >> in si september of 18. >> what it they say. >> a one off price level adjustment. larry: chris waller said the same thing. >> one time small move up in prices, maybe. it won't be inflationnary long-term, it was in i just was looking at charts that shows impact of these tariffs on inflation for mexico and canada would have been significant. even without the retaliation, it would have mattered a lot to them. larry: to them, it would. >> to them. larry:

former treasury secretary larry summers was sent to have a civil debate in the class and titled democracyld begin, protests broke out. signs reading larry seminars, your time is up. [indistinct] the corporate oligarchy. elon musk. >> tax the rich! tax the [bleep] rich! >> will: my next guest responded to this protest saying this is not civil discourse or an acceptable way to demon demonstrate. joe. i am used to seeing this, as are you when it comes to protesters in support of the cause of palestinians. this one was against capitalism, deregulation, and the buzzwords of oligarchy and elon musk. it's almost as though it doesn't matter with the topic is, this is the tactic. >> you know, it's funny. i debate larry from the right. it's really sad what's happened to our once great universities. i loved my time at stanford. these places have been conquered by activists. whether it's the students, people being allowed on campus, the students should be suspended or expelled. people from off-campus should be arrested. people are part of the activist class of the democrats themselves and the people

you are going to raise tariffs that will put pressure on prices what everybody is missing from larry summerseverything donald trump is talking about doing is disinflationary you are right to produce more oil and gas downward pressure on prices, he wants to deregulate the economy that puts downward pressure on prices he wants to cut government spending that, you know, that means freeze frees up he reported s private sector we want to do one of the most trump was -- a big, beautiful tax cut will increase output what i am saying everybody focused on tariffs i am not a big tariff guy but all other policies all point the direction to inflation coming down not going up. cheryl: stephanie pomboy one thing at the white house, four plus hour meeting the with gop leaders talking howing to get big, beautiful bill through. one of the things, i want to get joanie's take as well one of the conversations pay-fors how do you pay for no taxes on tips interest gave them a blewprint allow they should do it. >> well, first off i know steve will be -- nodding in agreement on this, the idea that you need pay-fors

. >> whatever you want to call it, the treasury secretary larry summers is arguing today it will just make stuff cost more. >> every reason to think the price levels will be higher if we do this? compared to if we don't. at that point we didn't have an inflation psychology that had defined the nation's politics. today unfortunately we do. >> reporter: president trump explained in the oval office today he doesn't think a lot like to play this game because they don't have a high threshold for pain and making the case that there will be some pain in this case from this trade tit for tat but he believes or is making the case in other countries. >> martha: no pain, no gain i guess. thank you, peter. with that let's bring in press secretary caroline levitt, thank you for joining us. good to have you here today. has the call begun with prime minister trudeau? >> last i checked, yes. the call was underway at 3:00 p.m. with the prime minister of canada and as promised president trump is delivering on his promises to the canadian people to put them first and i would like to take a step back tod

. >> of directors, which, by the way, i should mention, include people like larry summers have in termso have invested in openai previously or to the mission, if you will, of. >> the. >> charter of the not for profit version of openai. >> well, good morning. >> thanks for. >> having me. so you're addressing, you know, the. >> unsolvable riddle, which is. >> the governance structure. >> of openai. but i don't. >> think we have to solve the riddle. >> to know. >> as you said, what the. >> board. >> of directors has. >> to do. >> whether it's a nonprofit or a. >> for profit. they have a duty. >> of care and. >> a duty of loyalty to do the best. >> by the organization. >> brett taylor. >> who is the chairman of this board. >> very well respected. >> he worked at meta. he worked at google. he was the co-ceo. >> of salesforce. >> he was also the chair of the. >> board of twitter when elon had a. >> takeover bid of. >> that company. so he's very well positioned to evaluate this bid, and he is required to evaluate it, to take it seriously. >> so but but the other piece of this. >> so and the qu

joining me right now is one of those former treasury secretary, larry summers, to talk more about this. secretary, thanks for coming in. elon musk and his team having access to this payment system. what does it risk? >> invasions of privacy. they are political appointees. it appears largely unvetted, untrained and with potential conflicts of interest. it risks, um, breakups of necessary payments for people who depend on them. and it reflects. and it risks, uh, constitutional challenges if they use their authorities as some statements indicate, they intend to. to cut off or stop payments that were mandated by the congress, that the president doesn't have the authority to halt. so it's threatening to people, to livelihoods and to the constitutional democracy that we have. >> just earlier in the show, secretary, i had the former republican governor of new hampshire on chris sununu, and he campaigned against donald trump in the in the campaign against donald trump. he was for nikki haley. so he says he doesn't like him, but he now says that this does not worry him at all. he actually appla

or take treasury secretary veteran larry summers, who says this is inexplicable, dangerous. mark zandi, who is known for his conservative bona fides. also, just as an expert on the intersection of government spending, government policy and the economy, he just says, look, this will do damage. there's no way around it. or take the nobel prize winner and longtime author paul krugman, who writes in his newsletter, that this is simply a stupid, self-destructive idea. those are people who know based on expertise and who have a lot of experience. if we could take our pick with respect to all of them here at the beat, we would love to hear more from the nobel winner, paul krugman. and we will on this very topic when we will on this very topic when we return together in for more than a decade farxiga has been trusted again and again, and again. ♪far-xi-ga♪ ♪far-xi-ga♪ ask your doctor about farxiga. ever feel like a spectator in your own life with chronic migraine? 15 or more headache days a month, each lasting 4 hours or more. botox® prevents headaches in adults with chronic migrain

i spoke with former treasury secretary larry summers earlier tonight. this is how he described it. >> this is a stop or i'll shoot myself in the foot kind of threat policy. it defies economic logic. it means higher prices for consumers. it means much more expensive inputs for american producers. >> cnn's alayna treene is live in west palm beach, florida, and elena, the president, signing these tariffs tonight, making good on a campaign promise. i just spoke with ontario's premier rob ford, in the last hour. he says canada is planning to move forward with retaliatory tariffs. what more are you hearing about how this will all play out? >> well, and i thought that interview was fascinating, jessica. and look, i mean, it's clear that with these tariffs, the president is likely to be open and really wage a trade war with these other countries, and one that isn't exactly about trade itself, but one that is actually being waged as a weapon to enact donald trump's domestic policies policies. mainly, you know, trying to stem the flow of undocumented migrants as

treasury secretary larry summers joins me to discuss the trump administration's potential constitutionalrtment that he used to lead treasury. and a quick note scan this qr code on your screen to follow me on blue sky. you can find me at social, but all you actually have to do is scan the qr code. is that a qr code? yeah, that's. i never get this right. i've been calling it a barcode. scan the qr code with your phone and it'll take you right to my page. another hour of el sheik

. >> i mean, i heard from economists like larry summers, though, that these tariffs in particular are going to cause prices to rise. and he and he says hurt job creation. what are you hearing? i mean, these questions are central to your state. what are you hearing from the auto industry. >> so just. >> remember i'm someone who says, i actually probably agree with donald trump more than many republicans do on tariffs as a tool in the toolbox. and i do believe that i worked with him very closely on nafta was the worst trade policy that we've seen in our history, and we needed to do something. and by the way, we need to immediately renegotiate usmca, which replaced nafta. so china can't go into mexico, build a plant and call itself a north america product. the way that he's doing it straight across the board, it's a you got to do it as a part of a strategy, a strategic focus, not just do it straight across the board. the workers want to see their jobs come back. now we need to build steel in this country. it's it is a national security issue. we cannot be reliant on other countries. so w

. >> yeah. >> larry summers. >> said he felt a little bad about that.t scene in the. movie when they. >> came. >> in, and. >> he. >> kind of bawled them out. and he said he felt a little bad. >> i wonder if that was. yeah, but to totally shift gears and go right into crypto from there. and all in all in and from the very beginning, they said people that would argue or, you know, pick your bear, your crypto bear. that's it. don't argue. it's mathematics. don't argue with me. it's mathematics. >> what was their idea about something that was happening in space? i don't remember bitcoin. oh yeah. they had some wild idea. i mean, if you go back, i got to go back now. and look there was some i mean there were a couple of sort of very wild ideas about the rationale. tell me what was going on. >> the what you can either do what a winklevoss is worth or what the winklevoss are worth. you got a number, you got a number. does it begin with a b? definitely. right. >> i you. >> know, i just haven't followed. >> it. >> closely enough. i guarantee i think they're both

larry summers predicted it at the time. we saw something that the so-called experts told us we hadn't see again. this is the levels the american people couldn't absorb. i think it's both an energy phenomenon and spending phenomenon. >> i think milton would agree with you. the federal government spends roughly $6.75 trillion at the present time. none of us can get our brain around how much money that is. it's a lot of money. we took in last year $4.5 trillion in revenue. there is a huge gap between the federal governments spending and what they get in terms of revenue. you think that's sustainable? >> no, it's not. we must get spending under control. revenues hoovering about where they have been. the result is primary on the spending side in the first term you saw substantial numbers and reform on the federal budget. >> and, right now, the congress appropriates refly 28% of the money the federal government spends. the rest is mandatory spending and spent under the tax code i don't know how we'll balance the budget looking at

larry summers predicted at the time. we saw something that the so-called experts told us we'd never see again, which is inflation at the levels the american people could not absorb, nor should they ever be expected to. i think it is both an energy phenomena, a regulatory phenomena, and a spending component. sen. cornyn: i think milton friedman would agree with you on the spending side. the federal government spends roughly $6.75 trillion at the present time. i know none of us can get a brain around how much money that is. we also took in last year about $4.5 trillion in revenue, so this is significant gap between what the federal government spends and what the federal government gets in terms of revenue. you think that is sustainable? mr. vought: no, sir, it is not. we have to get spending under control. what we've seen is that revenues have been hovering about where they've been historically as a percentage of gdp. as a result, the problem is primarily on the spending side. that is one of the reasons why you've seen in

the piece was written by former secretaries of the treasury, including robert rubin, larry summers, timlen, all of them signing this op ed. they're warning about political actors from doge assuming control over what has historically been the job of nonpartisan civil servants after trump's inauguration, must team quicklyt the team could stop lawfully granted payments from going out. in an example, the associated press reported last week that doge officials sought access to treasury systems to prevent money from flowing to the u.s. agency for international development. in the op ed, the treasury secretary is raising concerns over conflict of interest and data security. but they say constitutional issues are more important. they write the following. they say, quote, it is not for the treasury department or the administration to decide which of our congressionally approved commitments to fulfill and which to cast aside. so the debate now moving to five of the most famed treasury. >> democrats. >> but all democrats. >> but but but my favorite. >> it takes a lot for them to all get together.

summer. good afternoon. thanks for joining us. i'm larry beil. >> and i'm kristen z.let's begin with the weather. and while it's beautiful today and warm, that's about to change. >> because rain is on the way back to the bay area. abc seven news meteorologist sandhya patel here with your weekend forecast. hi, sandhya. >> hi, there. yeah, larry and kristen. it's hard to believe when you look at these temperatures that it's really winter here in the bay area. it's going to change quickly. we have a level one system coming in as we're tracking it on live doppler seven. it's already kicking up the surf beach hazard statement 9 p.m. tonight until 9 a.m. tomorrow. watch out for those breakers. they'll be building, replaced by a high surf advisory this upcoming weekend as we see wave

summer arrives. good afternoon. happy friday. thanks for joining us. i'm larry beil. >> and i'm kristen z.ed the evacuation order to a warning. residents are advised to keep an eye out in case flooding happens again. sky seven shot footage of at least one home, still partly underwater. >> sonoma county officials have released the names of two people who died during this week's storms. the victims were found in flood waters in separate parts of the county yesterday and the day before. 61 year old john radich, from calistoga, was found wednesday evening in a culvert on franz valley road in santa rosa. deputies say he was stuck in that flooded culvert.

but the thing is larry's an incoming and may we go into the people in the summer. and india was that. i mean, 2 days event was baking that dental and that didn't, don't fit a 1000 a bodies, the beds, but i still need these rallies. and from being in the nation, not a simple there's to change the, the scores and befalls that were born additions to change their course because and, and the fact that should be good for too long. i look forward addition, choose the best of blog that best of land and that, that best of humanity. so this is what we are here to offer a new pass to be the best and to start working on it. and we are not waiting for anyone. we go, we're going to take leadership position and we are building our momentum, our legitimacy, and a little information on the coordination. and this is what we owe, basically walking, day and night. thank you so much for talking to us and, and sharing your views and, and your hopes with us. now as the non award winning is really peace activist joining us and from benyamin. i thank you very much for your time. a. thank y

summer arrives. good afternoon. happy friday. thanks for joining us. i'm larry beil. >> and i'm kristen z. people in areas of the russian river in sonoma county can return home. the sheriff's office has downgraded the evacuation order to a warning. residents are advised to keep an eye out in case flooding happens again. sky seven shot footage of at least one home, still partly underwater. >> sonoma county officials have released the names of two people who died during this week's storms. the victims were found in flood waters in separate parts of the county yesterday and the day before. 61 year old john radich, from calistoga, was found wednesday evening in a culvert on franz valley road in santa rosa. deputies say he was stuck in that flooded culvert. frank robinson, 81 year old, from sebastopol, was found early yesterday in floodwaters on sanford rode. his bicycle was nearby. he'd been reported missing on wednesday evening. >> south white road in santa rosa was closed this morning due to a large tree that fell. sky seven captured crews working to remove the hazard. the road was closed to

larry. we love you, pal. >>> our next high goes to a golden retriever named tucker who has been ready for summer really since in michigan every day of this never-ending winter. oh, man. well, his owner could not bear to see tucker so sad, so she looked around and found a spot for a little day trip. >> do you want to go swimming? come on. we're going to go swimming. ♪♪ all right, guys. are you ready? are you ready? all right. excuse me, sir. ♪♪ >> that's right. mom found an indoor pool where tucker and his son todd could swim and frolic just like they do on those steamy days of summer, a fleeting taste of july for tucker before he returns to the bitter reality of late february. hang in there, tucker.. a couple more months. >>> our final low goes to animals on the loose from coast to coast this week. we begin in san diego where a 2-year-old chihuahua named henry brought traffic to a standstill while out for a little doggie jog. this went on for miles with people getting out of their cars to coral ral henry. he had quite a story to tell. on the other side of the country in new haven, connecticut, a baby seal --

one time warriors summer leaguer mac mcclung trying to become the first guy to win it three years in a row. his very first dunk larrystyle over the car. after that it was pretty much a formality. holy moly. and then he jumped over a guy on a hoverboard and also a ball from a guy like two basketballs in one hoop. i don't know how he comes up with these things. and mcclung wins the dunk contest easily for the third time. watch this. i mean, it was so fun. he's not sure if he's going to come back for a four peat, but what a night he put on here in front of the chase center crowd as abc seven sports is sponsored by river rock casino. larry, where do they come up with these ideas? i know some of them. maybe, like you do this at home on your off time. >> right on the nerf hoop. yes. yeah, yeah. well, yeah. that works. that works. that's my vertical leap at this point. so thank you chris. they got to fix the slam dunk contest because it can't just be mac mcclung every every yeah yeah yeah they $1 million get the biggest names in the sport and they'll come out. otherwise they just would rather spectate okay. >> you heard th

larry. >> all right, louis, thank you. the valencia street bike lane has been a topic of debate for several years now in san francisco. this all started in the summer of 2022, whented in outreach and planning for the bike lane began. the sfmta board of directors approved the design the following april. installation started in the summer of 2023, and the center bike lane opened that august. and then last february, the sfmta started exploring a new design for the side running bike lane that is being installed now. >> speed cameras are officially going up around san francisco. abc seven captured this video at the intersection of geary and seventh avenue, where cameras have been installed on the light poles. the cameras will turn on next month at 33 intersections around the city. violators will get citations in the mail, but the city will not impose fines for the first two months. san francisco leaders are rolling out a new plan to boost the city's economic recovery. state senator scott wiener and mayor daniel lurie announced new legislation today designed to increase nightlife downtown. the bill will provide 20 new low cost liquor licenses designated

larry wall. he is the head of technical analysis at oppenheimer. all right ari, ari, the first name is crowdstrike. however you pronounce it, the stock has rebounded strongly from its outage over the summertime. what is your take on crowdstrike? >> all right. well, my mom. >> will say ari. so half my friends call me ari. but listen, brian, our 2025 outlook, it's balanced. >> by our. >> belief that. >> following two. >> above average years in the. >> market historically. >> would be consistent to see. >> some moderation for 2025. >> that was. >> for. >> a basis for our expectation for. >> only. >> a 6%. year this year, which is a below average assumption, you know, with. that said, as we've seen some. volatility creep in the market. >> i think. >> it could linger through the balance of february. which is. >> a month that. >> historically hasn't been great for the stock market. but i do think that the longer term trends are intact. and so. >> for us. >> the key is about. >> is a focus. >> on selection and the. >> three sector standouts for us. >> are technology, financials and industrials. and for technology. it's a call. >> on software. >> which had a terrific. >> breakout after. >> the.