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Jul 30, 2024
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vance is most enthusiastic about lina khan and maybe that has some swing voter implications. and maybe also some i've also gotten on the bunch of feedback from a bunch of people i deeply respect within the democratic ecosystem saying, well, we're much more positive than you and i'm like, look, i love what she's done on anti competes with employees. with employees. i dislike what she's been doing on and i think it's it's it's bad for investment on antitrust and investment so it's again, you know, what i, what i, what i worry that it has a potential negative. sure. but i tried to be a truth teller. what i'm asked questions about what actually think about what's good for america. >> writ offering. thanks so much for your time and for coming on the show in answering her questions. appreciate it. >> thank you. >> that'll trump tries his hand at damage control this time it's not over comments. he made. how the former president is attempting to defend his pick for vice president and jd vance's comments about childless cat ladies one of my favorite supplements is kunal turmeric. turm
vance is most enthusiastic about lina khan and maybe that has some swing voter implications. and maybe also some i've also gotten on the bunch of feedback from a bunch of people i deeply respect within the democratic ecosystem saying, well, we're much more positive than you and i'm like, look, i love what she's done on anti competes with employees. with employees. i dislike what she's been doing on and i think it's it's it's bad for investment on antitrust and investment so it's again, you...
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Jul 30, 2024
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lobby harris to replace lina khan.also got a stake here. cnn has learned that the ftc has multiple investigations into buried diller's company iac. so listen, we're going to continue to see this play out this time pug of war over the economic agenda of kamala harris, john, just one of the things he has to deal with nine days in her presidential candidacy. matt egan, thanks so much for being with us so when a new interview with fox news, donald trump had a lot to say. he was asked to clarify some of his new controversial comments in which he told a conservative turning point action summit this weekend that in four years, christians won't have to vote christians are not known as a big voting group. petaux vote. and i'm explaining that to him, you never vote. this time vote. i'll straighten out the country. you won't have to vote anymore. i won't need your vote. can go back to trump also repeated a new republican talking point accusing democrats of democrats of committing a coup and pushing joe biden out of the presidenti
lobby harris to replace lina khan.also got a stake here. cnn has learned that the ftc has multiple investigations into buried diller's company iac. so listen, we're going to continue to see this play out this time pug of war over the economic agenda of kamala harris, john, just one of the things he has to deal with nine days in her presidential candidacy. matt egan, thanks so much for being with us so when a new interview with fox news, donald trump had a lot to say. he was asked to clarify...
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Jul 25, 2024
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, the ftc chair he said that lina khan is quote waging war on american business. so far as to say that he hopes that a president harris would replace lina khan at the ftc. know the agency pushed back telling cnn in a statement that chair khan is honored to work in this administration where she has worked to protect consumers, workers, and entrepreneurs from corporate abuses. and it's worth remembering that lina khan, she's won some fans on the left for her efforts to fight monopolies, to try to push back against the big oil and big tech and interestingly enough, she even has a fan on the republican ticket j.d. vance has said that lina khan is one of the only biden officials who's doing a good job right now. so just for everyone scoring at home, you have a situation where a democratic megadonor is slamming a biden appointed regulator who actually has won praise from a republican vp nominee another reminder, kate, of how strange this election really is. >> and a lot and a lot in a little time to go still it seems matt, thank you so much, john. >> all right. just mom
, the ftc chair he said that lina khan is quote waging war on american business. so far as to say that he hopes that a president harris would replace lina khan at the ftc. know the agency pushed back telling cnn in a statement that chair khan is honored to work in this administration where she has worked to protect consumers, workers, and entrepreneurs from corporate abuses. and it's worth remembering that lina khan, she's won some fans on the left for her efforts to fight monopolies, to try to...
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Jul 26, 2024
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fdc chair lina khan was in san francisco.with members of the business and vc community. she discussed her thoughts, starting with her thoughts around generative ai. leena: we see openness and open source can be a critical vector of innovation. what happens traditionally when you render some of these -- lina: we see openness and open-source can be a critical vector of innovation. what happens traditionally when you render some of these causes it can lower costs and enable them to innovate more freely, so we want to make sure that tradition continues. we are watching closely. there is still an open question about what openness really means in the ai context. our team has been focusing on this idea of open weight models, which we think could similarly engender a lot of competition and innovation and make it easier for startups and entrepreneurs to compete on a level playing field. . of course, we need to really closely understand what are any restrictions, licensing restrictions being included here, and could those be foreclosin
fdc chair lina khan was in san francisco.with members of the business and vc community. she discussed her thoughts, starting with her thoughts around generative ai. leena: we see openness and open source can be a critical vector of innovation. what happens traditionally when you render some of these -- lina: we see openness and open-source can be a critical vector of innovation. what happens traditionally when you render some of these causes it can lower costs and enable them to innovate more...
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Jul 18, 2024
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he likes lina khan? like reading the materials where president trump sits that the overall bias would be towards transactions activity, having less regulatory scrutiny. maybe a little more difference in the tech area specifically, but i also think we'd see a difference in energy. more drilling, more hydrocarbons, maybe less subsidies for green energy. something you have to consider, although there is a very significant shortage of power. so i think we need both traditional hydrocarbons as well as renewables, and finally, i think tariffs are something we'll have to consider what that means for manufacturing businesses, but i would just say this. for us as a firm we've operated in red environments, blue environments, purple environments and the constant has been delivering great returns for our investors. we think that's the case regardless what happens in the fall. >> jon gray, thank you for joining us. appreciate it. thank you. >> thanks. >>> "squawk box" coming right back after this. ♪ “billathi askara”
he likes lina khan? like reading the materials where president trump sits that the overall bias would be towards transactions activity, having less regulatory scrutiny. maybe a little more difference in the tech area specifically, but i also think we'd see a difference in energy. more drilling, more hydrocarbons, maybe less subsidies for green energy. something you have to consider, although there is a very significant shortage of power. so i think we need both traditional hydrocarbons as well...
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Jul 16, 2024
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do we really think a new administration would be more proactive, more like lina khan and trying to block>> i think going into yesterday, i would say before yesterday, we felt pretty good about what a trump victory would mean for the tech sector, mostly deregulation. if you listen to what senator vance has said over the past couple of years, including where he used to work, silicon valley, trying to fund companies that challenge the big tech companies, i think if vance is the biggest voice in trump's ear on policy, that's going to shift our view a bit towards being more cautious and what washington means for biggest tech companies over the next few years. >> but only in the area of big tech? >> big techest is the biggest reason. here's how i would explain it. i think a re-elected president trump would want to let the biggest tech companies dominate gen a.i. for the next ten years because gen a.i. is driving the stock market higher. and i think president trump views the stock market as his daily report card on how he is doing. i think vance views it as how to disrupt corporations. if. >> t
do we really think a new administration would be more proactive, more like lina khan and trying to block>> i think going into yesterday, i would say before yesterday, we felt pretty good about what a trump victory would mean for the tech sector, mostly deregulation. if you listen to what senator vance has said over the past couple of years, including where he used to work, silicon valley, trying to fund companies that challenge the big tech companies, i think if vance is the biggest voice...
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Jul 16, 2024
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but on the issue of lina khan, do you think that's the case? vance has said, she's the best person in the biden administration, indicating some level of support. has trump ever indicated that, though? his administration was much more hands off when it came to deal making. i would have expected that if he is elected this fall, but maybe i shouldn't. maybe it will change its tone. >> you know, with former president trump, it's very company specific and very sector specific. but i think also, you know, personnel is policy. so let's see who is put up in those positions in a potential trump administration. but the -- sort of the republican party vanguard is much more in line with j.d. vance, with josh holly than with others from previous administrations. this is a fundamental realignment of the republican party. >> maybe we should give people pause if they're looking to put on m&a trades. chris, thank you very much for your time today. >>> the increased likelihood of a trump presidency has been putting pressure on green stocks, including aes. it's r
but on the issue of lina khan, do you think that's the case? vance has said, she's the best person in the biden administration, indicating some level of support. has trump ever indicated that, though? his administration was much more hands off when it came to deal making. i would have expected that if he is elected this fall, but maybe i shouldn't. maybe it will change its tone. >> you know, with former president trump, it's very company specific and very sector specific. but i think...
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Jul 18, 2024
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and praised the ftc chair saying, "i look at lina khan, as one of the few people in the biden administrationactually think is doing a pretty good job." to grady trimble live at the rnc in milwaukee. grady a distinctly different tone than the republican stance perhaps maybe a sign that the trump administration if there were a second one might not be so merger-friendly. >> maybe so, liz, and we look forward to how the trump-vance campaign months but tonight here at the rnc, the republican party is looking to their presidential nominee to kind of merge the american people. unite the country, and we're told by the trump campaign that his speech tonight is going to be extremely personal. >> he's been writing this by himself. he said he knows exactly what he wants to say. he knows the issues that he wants to talk about. he knows how he wants to connect with a former and future president providing that leadership when joe biden can't do it anymore. reporter: the attempted assassination last week changed everything this week and especially for tonight. trump and his campaign say he tore up what he h
and praised the ftc chair saying, "i look at lina khan, as one of the few people in the biden administrationactually think is doing a pretty good job." to grady trimble live at the rnc in milwaukee. grady a distinctly different tone than the republican stance perhaps maybe a sign that the trump administration if there were a second one might not be so merger-friendly. >> maybe so, liz, and we look forward to how the trump-vance campaign months but tonight here at the rnc, the...
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Jul 16, 2024
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they had no where to put it because lina khan wouldn't let them buy companies. concern deploy capital and invest in these huge server farms. completely dysfunctional use of capital. they should be investing and buying in start-ups. this is what happens when, you know, an administration puts their thumb on the scale of the free markets. and, you know, just -- we need free markets to operate freely. it's kind of baked into the name, isn't it? liz: i couldn't agree more about free market capitalism. nvidia right now down 1.a 5. that is, of course, the poster child for the a. a.i. revolution. j-california, thank you very much -- j-cal, thank you very much. dow closes at a record, up 726 the points. s&p, that's a record as well. s&p, that a makes it the 39th record close of 2024. that'll do it for us. stay tuned for "kudlow." ♪ ♪ larry: hello, folks. welcome to "kudlow," i'm larry kudlow. according to a new report, u.s. it
they had no where to put it because lina khan wouldn't let them buy companies. concern deploy capital and invest in these huge server farms. completely dysfunctional use of capital. they should be investing and buying in start-ups. this is what happens when, you know, an administration puts their thumb on the scale of the free markets. and, you know, just -- we need free markets to operate freely. it's kind of baked into the name, isn't it? liz: i couldn't agree more about free market...
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Jul 19, 2024
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vance's comments about lina khan notwithstanding. now, i think we still have some tumult basically in front of us. i agree, i think biden's situation right now is a very tenuous one, and i think it's likely that's going to create more volatility as we start to see who might emerge as a potential replace the for him. >> you're right. coming up, bitcoin surging in what might be the unlikeliest of trump trade beneficiaries, what the former president says next week could give it an even bigger boost. that's next. >>> first, major names letting up next week's earnings marquee. >>> missed a moment of fast, catch us anytime on the go. follow the "fast money" podcast. we're back right aerhift ts. that's like the gap in my health insurance. gap in your health insurance? yeah, it didn't cover everything when i got hurt. good thing i had aflac. (aflac duck) hmmm the cash i got from aflac helped pay for medical expenses, groceries, rent. it really helped close that gap. (whisper) go, go, go! (group) yay! go aflac! go duck! get help with expenses
vance's comments about lina khan notwithstanding. now, i think we still have some tumult basically in front of us. i agree, i think biden's situation right now is a very tenuous one, and i think it's likely that's going to create more volatility as we start to see who might emerge as a potential replace the for him. >> you're right. coming up, bitcoin surging in what might be the unlikeliest of trump trade beneficiaries, what the former president says next week could give it an even...
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Jul 21, 2024
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push by vance for more tech regulation in this prolabor stance, his praise for bidens ftc chair lina khan spoke out against corporate tax breaks and he may want to do with the interest loophole for private equity firms, your reaction. >> i know senator vance quite well and i am hoping someone will talk about his life story, this is a great american success story of the 21st century this is what america is all about and for jd to come out of the beginnings and become a marine, ohio state at two years, law school and i spent a lot of time with jd and he is a pragmatist, his view, they are still information that a lot of policies have failed the american people and i agree and i think president trump, senator soon to be vice president vance are willing to examine everything that has gone wrong with the economy and offer solutions. i think nothing is final. i think the insanity as einstein said to keep doing the same thing again and again, and expecting different outcome. i would encourage people on wall street to keep pick up a pencil and look for solutions because i think trump 2.0 with jd
push by vance for more tech regulation in this prolabor stance, his praise for bidens ftc chair lina khan spoke out against corporate tax breaks and he may want to do with the interest loophole for private equity firms, your reaction. >> i know senator vance quite well and i am hoping someone will talk about his life story, this is a great american success story of the 21st century this is what america is all about and for jd to come out of the beginnings and become a marine, ohio state...
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Jul 21, 2024
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has come out with an anti-big tech in a rare show of bipartisanship in washington and likes what lina khanat the ftc you might have more concerns about enforcement of the likes of amazon and also but but at the same token, a.i. is not going away, nvidia and chip stocks have already had their day you might start to see cavities like microsoft and apple in software and services side get some of the a.i. boost. jack: crypto, jd vance is a fan and trump is a revelation on the. >> crypto's and the gop party platform, forget about drill baby drill it is mine baby mine you might have right platforms a marathon digital with big mining companies get a benefit in companies litecoin base and don't forget blackrock as they run the largest pot bitcoin ptf they've actually held up pretty well in the recent market volatility to. >> blackrock non- geraldo with the rnc will see what happens there. >> bitcoin itself could run up. a great story there, meghan and al have a pair of investment ideas and looking at crazy action and small-cap stocks, so, what are you thinking? i'm thinking... (speaking to self) a
has come out with an anti-big tech in a rare show of bipartisanship in washington and likes what lina khanat the ftc you might have more concerns about enforcement of the likes of amazon and also but but at the same token, a.i. is not going away, nvidia and chip stocks have already had their day you might start to see cavities like microsoft and apple in software and services side get some of the a.i. boost. jack: crypto, jd vance is a fan and trump is a revelation on the. >> crypto's and...
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Jul 23, 2024
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>> well, really hard morning in oakland monday. 54 year-old shane killian appearing before judge lina khan does in alameda county superior court. >> his second time in court since allegedly shooting and killing his wife, parents and law and 2 young children inside his beachside home in alameda a week and a half ago, killen's attorney requested to have his arraignment continued for a plea which was granted by judge condace kilian is now due back in court. august. 30th, i'm speechless, hurts. >> all we want is we want justice. >> and that we think that is very unfair that they keep postponing. >> the gates, killian has been charged with 5 counts of murder and weapons violations. he could face more than 231 years in prison. if convicted and sentenced to all charges. but there could be an outside chance that at some point he could be eligible for parole. my own people. >> he loved. his always talk about it. he was a happy person. enjoyed so much. i feel very disgusted. >> being on the other side and seeing with no face expression. nothing. i just. i don't know how someone could just stand ther
>> well, really hard morning in oakland monday. 54 year-old shane killian appearing before judge lina khan does in alameda county superior court. >> his second time in court since allegedly shooting and killing his wife, parents and law and 2 young children inside his beachside home in alameda a week and a half ago, killen's attorney requested to have his arraignment continued for a plea which was granted by judge condace kilian is now due back in court. august. 30th, i'm...
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Jul 16, 2024
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vance likes the job that lina khan is doing with the anti-aggressive push.e has worked with elizabeth warren and sherrod brown on populous economic issues. areas of concern for him. he wants to break up large tech companies and pushed for a more aggressive stance by the republican party and by the senate in terms of the big corporate power in washington. this is not your father's gop anymore. i think that has significant implications for how wall street begins to interpret where this administration would go if they are elected in november. guys, back talk. >> eamon, i appreciate it. thank you. >> you bet. >> for more, we bring in the hoover institution and fellow who served in the romney campaign in 2012. what do you think what eamon laid out this is a different republican party and j.d. vance as the selection cements that? >> i think it is fair. you are seeing it as a leadership level and some of the trends we are seeing today really did start back in 2010, 2011 or 2012 and whether it was a populous turn on free trade and the tax or thodoxy on the corporate
vance likes the job that lina khan is doing with the anti-aggressive push.e has worked with elizabeth warren and sherrod brown on populous economic issues. areas of concern for him. he wants to break up large tech companies and pushed for a more aggressive stance by the republican party and by the senate in terms of the big corporate power in washington. this is not your father's gop anymore. i think that has significant implications for how wall street begins to interpret where this...
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Jul 25, 2024
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abigail: coming up, lina khan.isk with underwhelming earnings. david westin asked david hunt why investors should watch out for political risk. david: i wouldn't say it has heightened relative to the long-term sweep of history. we've had moderation since the gfc. the pandemic and two wars, we have started to see these reemerge. it's more getting back to normal then it is heightening of the averages. this summer of democracy which we are still working through his heightening that. we've had more geopolitical risk. as i travel talking to institutional investors, their number one risk is geopolitical. they want to talk about it and what it does for their portfolios. david w.: the intersection between economic growth and the path forward. you are a long-term investor. how do politics affect long-term growth of europe? japan? u.s.? david h.: long-term investors have a different attitude toward volatility. that's the difference. popular media confuses volatility and risk. when i say heightened volatility, that can spell
abigail: coming up, lina khan.isk with underwhelming earnings. david westin asked david hunt why investors should watch out for political risk. david: i wouldn't say it has heightened relative to the long-term sweep of history. we've had moderation since the gfc. the pandemic and two wars, we have started to see these reemerge. it's more getting back to normal then it is heightening of the averages. this summer of democracy which we are still working through his heightening that. we've had more...
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Jul 17, 2024
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in the case of lina khan maybe, to be extremely hostile to consolidation and to develop these theoriest even vertical integration that's not harmful to consumers should somehow be restricted. and the list goes on and on with the other regulators. my theory is when you have agency leadership that are exceeding their legal authorities, it's particularly unreasonable to also empower them to be the adjudicator of whether or not they're exceeding their authorities. how do you think they're going to decide, right? and the chevron deference largely allowed them to both implement sometimes these creatively-justified rules and then be the judge that decides whether or not they did it properly. so what i like about the loper decision is, in my view, this really restores the proper role of the judiciary in deciding legal matters, right? this has not really been controversial in the u.s. since marbury v. madison, and yet we gave this deference to the agencies and so for congress to -- for the courts to take it back with respect to legal disputes, i think it just makes a lot of sense. does congress
in the case of lina khan maybe, to be extremely hostile to consolidation and to develop these theoriest even vertical integration that's not harmful to consumers should somehow be restricted. and the list goes on and on with the other regulators. my theory is when you have agency leadership that are exceeding their legal authorities, it's particularly unreasonable to also empower them to be the adjudicator of whether or not they're exceeding their authorities. how do you think they're going to...
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the regulatory or the idea that nobody is allowed to do any mergers or acquisitions with lina khan?hat is your issue? >> i think there is an absolute conviction based upon what she has done that almost anything a business wants to do to expand itself and combine with others for efficiency and others is just not allowed. it is almost like a wet blanket thrown on all this. i don't think that's productive. look, there are very clear cases where competition needs to be regulated, et cetera, et cetera. it seems her point of view is everything is bad and everyone is bad. >> i would have thought you would have liked her to some degree given your issues with big tech like google and others. >> no, no, no. my issues with -- look my issues are with anything that is a monopoly. when you have a monopoly, you need regulation. some monopolies are natural. >> she is going after companies she thinks are monopolies. >> she is going after everything is the problem. tactically going after stuff that clearly deserves to be fought, great. she's after everything. she's after -- andrew, you have a piece o
the regulatory or the idea that nobody is allowed to do any mergers or acquisitions with lina khan?hat is your issue? >> i think there is an absolute conviction based upon what she has done that almost anything a business wants to do to expand itself and combine with others for efficiency and others is just not allowed. it is almost like a wet blanket thrown on all this. i don't think that's productive. look, there are very clear cases where competition needs to be regulated, et cetera,...
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lina khan and all of these cross-currents. we'll see what kind of vice president he can become.interested in the move to renominate president biden early, and i think they really want to do that, but there are still a lot of people that are like, no, we cannot do that, that seem to be holding out the possibility of something happening at the convention to change candidates. >> 100%. a real surprise in the hall behind me as i was talking with axios reporters and as i was talking with news makers. they were talking about biden and chicago a month from now. you almost never get that these conventions are such bubbles. there's so much going on, fascination here, you rarely even talk about the other side. but there is yet again action against president biden. so the read of axios today, a very interesting story, president biden leaping left in an effort to cement his hold. three things. we have president biden talking about caps on rents across the country, we have him talking about moving on medical debt, and, third, we have him talking about changes to the supreme court, opponents
lina khan and all of these cross-currents. we'll see what kind of vice president he can become.interested in the move to renominate president biden early, and i think they really want to do that, but there are still a lot of people that are like, no, we cannot do that, that seem to be holding out the possibility of something happening at the convention to change candidates. >> 100%. a real surprise in the hall behind me as i was talking with axios reporters and as i was talking with news...
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aligned with elizabeth warren on some stuff on the banks, aligned with lina khan on some things with. what is going on here? >> there's a huge sea change, generationally, in the republican party and their approach to the economy, david. this is an era of economic populism and there's a group of economic intellectuals on the conservative side who have spent the past five years coming up with a set of conservative populist policies that deviate dramatically from sort of the chamber of commerce republicanism that you and i grew up with over the past 20, 30 years in the republican party. this is a very different approach. it's a worker-centric approach. it's about increasing wages, helping communities, helping families, not necessarily as concerned about prices and certainly not concerned about the opinions of corporate elites who a lot of these conservatives on the populist side view as on the other side of a cultural war war. they view ceos, people in c-suites, as suspect and potentially shoving sort of woke values down the throats of their voters. they don't like that, and they don't
aligned with elizabeth warren on some stuff on the banks, aligned with lina khan on some things with. what is going on here? >> there's a huge sea change, generationally, in the republican party and their approach to the economy, david. this is an era of economic populism and there's a group of economic intellectuals on the conservative side who have spent the past five years coming up with a set of conservative populist policies that deviate dramatically from sort of the chamber of...
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Jul 23, 2024
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there are questions with jd vance, his running mate, who seems to have some affection for what lina khanat's right. that is a good example of not knowing the outcome of the election, but the actual policy would be. i think for a couple of weeks there, there was an idea of the trump trade and part of the trade would be lighter regulation. at the end of last week, there was a questioning of is that really the appropriate investment. there is more focus more broadly on both sides of the aisle about regulation and where exactly that's focused might differ, but there is a bit more focus on large-cap tech. >> it is hard to think of more regulation when it comes to this front. i think there's a huge pushback from the business community at what they've been dealing with. >> i think what the object of what the focus is of that regulation might change. for example, we do think there's generally a desire to have a bit more focus on regulating large-cap tech companies, but exactly what shape that takes or doesn't take and including, for example, restrictions when it comes to exports toward china. in
there are questions with jd vance, his running mate, who seems to have some affection for what lina khanat's right. that is a good example of not knowing the outcome of the election, but the actual policy would be. i think for a couple of weeks there, there was an idea of the trump trade and part of the trade would be lighter regulation. at the end of last week, there was a questioning of is that really the appropriate investment. there is more focus more broadly on both sides of the aisle...
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Jul 22, 2024
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i don't have to go into lina khan anymore. i don't. everyone knows my view. ere's no need to reiterate. >> yes. >> but i will say, jonathan kanter, in the end, attorney general, he goes. khan goes. these people go. you're not going to get someone who's as negative about tech as the people -- except for vance, who's incredibly negative about tech. >> right. >> vance wants to, you know, he wants to -- i don't know what he wants to do, other than he favors the worker, and she favors lower prices. that's what globalism is. it's lower prices for people. let's not forget that globalism had some aspects -- i'm a little closer to vance than i am to the globalist view. >> your point is interesting, that she's not scranton joe, is essential what you're saying. >> god, no. >> that's what made yesterday interesting when you saw progressives and aoc fall in line pretty quickly. don't you think there will be some element of pushback to what you're saying? >> i think she stands for a lot of civil rights things that are -- that are actually a little more visible and vocal tha
i don't have to go into lina khan anymore. i don't. everyone knows my view. ere's no need to reiterate. >> yes. >> but i will say, jonathan kanter, in the end, attorney general, he goes. khan goes. these people go. you're not going to get someone who's as negative about tech as the people -- except for vance, who's incredibly negative about tech. >> right. >> vance wants to, you know, he wants to -- i don't know what he wants to do, other than he favors the worker, and...
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Jul 25, 2024
07/24
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BLOOMBERG
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next ftc chair lina khan joints balance of power. it certainly the woman of the hour.rg. (♪♪) beaches rhythm and blues caribbean sale is now on. visit beaches.com or call 1-800-beaches. with so much entertainment out there wouldn't it be great... visit beaches.com ...if you could find what you want, all in one place? show me paris. xfinity internet customers can enjoy the ultimate entertainment experience and save on some of the biggest names in streaming, all for just $15 a month. get the fastest connection to paris with xfinity. >> from the politics to build of business, this is "balance of power." ♪ live from washington, d.c. >> joe biden gets back to work after announcing his plans to drop out of the presidential race. welcome to the fastest show in politics as the president sits down with benjamin netanyahu inside of that same oval office i'm joe mathieu alongside kailey leinz here in washington. this is a key moment for a president who made cease-fire in gaza a priority for his administration while it still lasts. kailey: it will only last for a few months as he
next ftc chair lina khan joints balance of power. it certainly the woman of the hour.rg. (♪♪) beaches rhythm and blues caribbean sale is now on. visit beaches.com or call 1-800-beaches. with so much entertainment out there wouldn't it be great... visit beaches.com ...if you could find what you want, all in one place? show me paris. xfinity internet customers can enjoy the ultimate entertainment experience and save on some of the biggest names in streaming, all for just $15 a month. get the...
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Jul 24, 2024
07/24
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CNBC
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. >> or i was going to say maybe with trump's vice presidential pick he said lina khan is the best person and a isn't quite so friendly. let's tiptoe away from politics and talk sports, tillman because there had been reporting about the warriors trying to sell a chunk of the team and cnbc has said that does not appear to be the case. if anything, sports valuations keep climbing, but we've talked quite memorably about this a couple of years ago, just wondering how much higher can they go and who can afford to keep bidding on these valuations and i don't know if there's anything new you would like to say on that front? >> i go back to what i said and created a laugh. you can't be a middle-class billionaire anymore and buy a sports team, and i think that's why you see in the nfl right now starting to allow a certain amount of private equity to come in, to compete with everything else. i see all of the deals that come out there, you know, from sock tore basketball to baseball to football and it's hard to sell a minority partnership to these people because remember, when you start talking abou
. >> or i was going to say maybe with trump's vice presidential pick he said lina khan is the best person and a isn't quite so friendly. let's tiptoe away from politics and talk sports, tillman because there had been reporting about the warriors trying to sell a chunk of the team and cnbc has said that does not appear to be the case. if anything, sports valuations keep climbing, but we've talked quite memorably about this a couple of years ago, just wondering how much higher can they go...
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Jul 30, 2024
07/24
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and gary gensler is the complaint from the crypto crowd, but the issues with lina khan and the ftc. face in silicon valley. he worked for peter thiel before starting his own firm and he has close ties to david sacks and elon musk. meanwhile, this is kamala harris' backyard. the former d.a. of san francisco. she raised $100 million thanks to wealthy tech donors from the other side of the paypal mafia. kate rooney, cnbc business news in palo alto. >>> the central bank is widely expected to hold rates at a 23-year high. a string of positive data and warnings from fed officials not to wait too long to cut. >>> the bank of july begins its monetary policy meeting today. the central bank is expected to hike the interest rate from 0.1% from the range of 0% to 0.1%. bank of america expects it could rise to more than double that. >>> traders are watching the bond buying. >>> our next guest says private equity markets are undergoing a big shift with liquidity solutions explexplored. that guest is william barrett. william, thank you for your time. what we're talking about here is semi liquid so
and gary gensler is the complaint from the crypto crowd, but the issues with lina khan and the ftc. face in silicon valley. he worked for peter thiel before starting his own firm and he has close ties to david sacks and elon musk. meanwhile, this is kamala harris' backyard. the former d.a. of san francisco. she raised $100 million thanks to wealthy tech donors from the other side of the paypal mafia. kate rooney, cnbc business news in palo alto. >>> the central bank is widely expected...
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Jul 29, 2024
07/24
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LINKTV
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linkedin co-founder reid hoffman, are openly pushing harris to fire federal trade commission chair lina khan has led biden's anti-trust efforts. hoffman sits on the board of microsoft, which was sued by the ftc. president biden has called for major reforms to the u.s. supreme court including 18-year term limits, an enforceable code of ethics, and a constitutional amendment that would bar immunity to presidents for crimes committed in office. in a new op-ed for the washington post, biden also cited the 2022 overturning of roe v wade by the far-right court. the president did not, however, call for expanding the supreme court, which many democrats and judicial reform experts have done. in northern california, the rapidly spreading park fire has burned over 550 square miles, an area larger than the size of los angeles. the park fire is already in the 10 top largest fires in california's history and has now become the largest active wildfire in the united states, surpassing the raging durkee fire in nearby eastern oregon. in other climate news, police in new york city on saturday arrested 59 prot
linkedin co-founder reid hoffman, are openly pushing harris to fire federal trade commission chair lina khan has led biden's anti-trust efforts. hoffman sits on the board of microsoft, which was sued by the ftc. president biden has called for major reforms to the u.s. supreme court including 18-year term limits, an enforceable code of ethics, and a constitutional amendment that would bar immunity to presidents for crimes committed in office. in a new op-ed for the washington post, biden also...
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Jul 26, 2024
07/24
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CNBC
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in the case of jonathan kanter and lina khan, what's really amazing is the biden administration tookpetition as an issue, but really importantly, they understand technology. i mean, you listen to that description of the tech issues around ai by jonathan kanter, and you can't help but take away from it that he has a very, very good understanding of where the levers of power are, that the issue in generative ai is not that there's something, you know, that people are doing that is bad per se, but rather, that the architecture of that product and the architecture of the industry are designed to create global monopolies. and that is clearly something regulators are going to have anxiety about, and they're expressing it now, which is exactly the right time to do it. don't wait until it's too late. step in early and, you know, provide a framework so the companies and the industry know what to do in order to comply. >> here's the thing, roger, everything we hear from business, from bankers, small and large, is that they are holding back activity, that they are holding back. reid hoffman, bi
in the case of jonathan kanter and lina khan, what's really amazing is the biden administration tookpetition as an issue, but really importantly, they understand technology. i mean, you listen to that description of the tech issues around ai by jonathan kanter, and you can't help but take away from it that he has a very, very good understanding of where the levers of power are, that the issue in generative ai is not that there's something, you know, that people are doing that is bad per se, but...
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Jul 22, 2024
07/24
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KRON
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whenever the heart mourning for in oakland monday, 54 year-old shane killian appearing before judge lina khan does in alameda county superior court. >> his second time in court since allegedly shooting and killing his wife, parents and law and 2 young children inside his beachside home in alameda a week and a half ago, killen's attorney requested to have his arraignment continued for a plea which was granted by judge condace. gillian is now due back in court. august 30th, i'm speechless, hurts. >> all we want is we want justice. >> and that we think that is very unfair that they keep postponing. >> the killian has been charged with 5 counts of murder and weapons violations. he could face more than 231 years in prison. if convicted and sentenced to all charges. but there could be an outside chance that at some point he could be eligible for parole. my own people. >> he loved. his always talk about it. he was a happy person. enjoyed so much. i feel very disgusted. >> being on the other side and seeing with no face expression. nothing. i just. i don't know how someone could just stand there and
whenever the heart mourning for in oakland monday, 54 year-old shane killian appearing before judge lina khan does in alameda county superior court. >> his second time in court since allegedly shooting and killing his wife, parents and law and 2 young children inside his beachside home in alameda a week and a half ago, killen's attorney requested to have his arraignment continued for a plea which was granted by judge condace. gillian is now due back in court. august 30th, i'm speechless,...
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Jul 15, 2024
07/24
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vance about lina khan is very interesting to me, because if you think about the -- when trump was in office before, i mean, he really did focus on big cap tech. that was an easy one from a populous standpoint. the stuff that was associated with however, you know, the 2016 election went down, and the fact of the matter is, like, the ceos of those companies were generally people that opposed lots of policies from the trump administration. it just took about a couple weeks, remember the muslim ban and all those folks got off committees and those things. so, i would expect large cap tech to still have, you know, a focus from the regulators. >> i just look -- i mean, both parties are completely fiscally irresponsible, right? so, i think that there is no way for someone to win with a fiscally conservative agenda, right? you can't buy votes with fiscally -- so, i feel like then something has to break. and if that's ultimately, not tom, but somewhere down the road, a treasury situation that goes very poorly, i think, it's very inflationary. either party. so, i agree with you, i think the ten
vance about lina khan is very interesting to me, because if you think about the -- when trump was in office before, i mean, he really did focus on big cap tech. that was an easy one from a populous standpoint. the stuff that was associated with however, you know, the 2016 election went down, and the fact of the matter is, like, the ceos of those companies were generally people that opposed lots of policies from the trump administration. it just took about a couple weeks, remember the muslim ban...
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Jul 25, 2024
07/24
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FBC
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liz: he likes lina khan. >> she is very populist.thing, if, depending on zazz how he plays this, could play right into that, with that political angle that is going on right and it will be an interesting thing when this thing gets filed. i love to see the political stuff in the lawsuit, we'll see if he does but clearly this is how they are going to frame this. this is greed over good. good is basic cable. greed is $10 a month extra for amazon, if you're, working class guy that likes basketball. they're going, big tech is destroying downtowns across the country, and they're also, you know, screw being with your sports packages and make sports, making you pay extra for it when you just want to watch it on tv. that is where it is going. all because they want to cross-sell t-shirts and jerseys on amazon, because amazon is retail. liz: there might be more to that. >> that's their argument. by the way, it knows not an absurd argument. listen, me, the capitalist thinks it is absurd. liz: that's what i'm thinking. >> me the realist, i know t
liz: he likes lina khan. >> she is very populist.thing, if, depending on zazz how he plays this, could play right into that, with that political angle that is going on right and it will be an interesting thing when this thing gets filed. i love to see the political stuff in the lawsuit, we'll see if he does but clearly this is how they are going to frame this. this is greed over good. good is basic cable. greed is $10 a month extra for amazon, if you're, working class guy that likes...
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Jul 1, 2024
07/24
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CSPAN2
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and today, i think with some work by lina khan at the ftc is like a fairly arbit capricious, leads toeading? you know, i i think that the first step is that lot. but i'm not in the camp which believes that the should have zero role, which is that there is a role for there's a crisis, when there is you know, there is a role for government in soq&■ bas) welfare, you know, like for a society. and thust, i think that when things get too far, something needs to be done about it, which is the fact that something is wrong in america when acompanies are earning extra ordinary amount of y're using those profits to just keep gobbling up new entrants, which slows down the of innovation and then they using those, those incredible amount of profits to lobby in washington to get regulations done like in the way that suits and also then you know any new technology which comes requires massive spending only these companies seem to have the cash to be able to do that. so i that capitalism is at itsleve work in a way where not just a of companies profite profits are moreor private sector enterprise mak
and today, i think with some work by lina khan at the ftc is like a fairly arbit capricious, leads toeading? you know, i i think that the first step is that lot. but i'm not in the camp which believes that the should have zero role, which is that there is a role for there's a crisis, when there is you know, there is a role for government in soq&■ bas) welfare, you know, like for a society. and thust, i think that when things get too far, something needs to be done about it, which is the...
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Jul 23, 2024
07/24
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KRON
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whenever the heart mourning for in oakland monday, 54 year-old shane killian appearing before judge lina khan does in alameda county superior court. >> his second time in court since allegedly shooting and killing his wife, parents and law and 2 young children inside his beachside home in alameda a week and a half ago, killen's attorney requested to have his arraignment continued for a plea which was granted by judge condace. gillian is now due back in court. august 30th, i'm speechless, >> all we want is we want justice. >> and we think that is very unfair that they keep postponing. >> the killian has been charged with 5 counts of murder and weapons violations. he could face more than 231 years in prison. if convicted and sentenced to all charges. but there could be an outside chance that at some point he could be eligible for parole. my own people. >> he loved. he's always talk about he was a happy person. enjoyed them so much. i felt very disgusted. >> being on the other side and seeing with no face expression nothing. i i don't know how someone could just stand there and not be side about
whenever the heart mourning for in oakland monday, 54 year-old shane killian appearing before judge lina khan does in alameda county superior court. >> his second time in court since allegedly shooting and killing his wife, parents and law and 2 young children inside his beachside home in alameda a week and a half ago, killen's attorney requested to have his arraignment continued for a plea which was granted by judge condace. gillian is now due back in court. august 30th, i'm speechless,...
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Jul 29, 2024
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to make sure we have a sensible antitrust policy and needs to be clear that she has confidence in lina khancause of interested donors. this is a crucial moment especially on economic policy and industrialization vice president harris needs to stand with those that we need to make things in america. neil: tariffs to shield industries, what about tariffs to prevent the chinese from hurting industries in this country like donald trump wants to do or not? >> i support strategic tariffs on china from jumping things into the united states i serve on the china select committee a scenario where president biden has followed former president trump's tariffs we've kept them on steel and increase them and kept them on aluminum and chinese goods being dumped into the united states like electric vehicles. i think the vice president should be very clear that she's going to support the strategic tariffs and not allow what happened for 40 years, the hollowing out of her industry because other countries were jumping she goods into the united states. neil: how do you feel about the switch that was made i have
to make sure we have a sensible antitrust policy and needs to be clear that she has confidence in lina khancause of interested donors. this is a crucial moment especially on economic policy and industrialization vice president harris needs to stand with those that we need to make things in america. neil: tariffs to shield industries, what about tariffs to prevent the chinese from hurting industries in this country like donald trump wants to do or not? >> i support strategic tariffs on...
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Jul 17, 2024
07/24
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FOXNEWSW
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he's taken positions that republicans hate, things like minimum wage and praising the ftc chair lina khan. and, you know, if if democrats get smart and they decide to dump the biden-harris team, which is what i've been advocating for a year and a half, and they were to pick up somebody like a josh a josh shapiro from pennsylvania, a moderate young governor. he's pro school choice, pro securing of the borders, tough on crime. this could within a month become a very, very different race. so, you know, we all want to say sort of the die is cast here. there's time for democrats if they want to do a smart thing, to change the complexion of this race. >> yeah, it's been really interesting to see all of the variety of speakers of these everyday americans, as they're called, taking to the podium and sharing their personal stories with all of america and this kind of personal, intimate way, despite it being a huge hall. >> one of the other speakers vivek ramaswamy one time trump critic, one time trump competitor against trump talked directly to gen z, for instance, to legal immigrants. and he also
he's taken positions that republicans hate, things like minimum wage and praising the ftc chair lina khan. and, you know, if if democrats get smart and they decide to dump the biden-harris team, which is what i've been advocating for a year and a half, and they were to pick up somebody like a josh a josh shapiro from pennsylvania, a moderate young governor. he's pro school choice, pro securing of the borders, tough on crime. this could within a month become a very, very different race. so, you...
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Jul 23, 2024
07/24
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KRON
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well, really hard morning for in oakland monday. 54 year-old shane killian appearing before judge lina khan does in alameda county superior court. >> his second time in court since allegedly shooting and killing his wife, parents and law and 2 young children inside his beachside home in alameda a week and a half ago, killen's attorney requested to have his arraignment continued for a plea which was granted by judge condace. gillian is now due back in court. august. 30th, i'm speechless, >> all we want is we want justice. >> and that we think that is very unfair that they keep postponing. >> the killian has been charged with 5 counts of murder and weapons violations. he could face more than 231 years in prison. if convicted and sentenced to all charges. but there could be an outside chance that at some point he could be eligible for parole mile full. >> he loved. he's always talk about he was a happy person. enjoyed so much. i feel very discuss >> being on the other side and seeing with no face expression nothing. i just. i don't know how someone could just stand there and not be side about
well, really hard morning for in oakland monday. 54 year-old shane killian appearing before judge lina khan does in alameda county superior court. >> his second time in court since allegedly shooting and killing his wife, parents and law and 2 young children inside his beachside home in alameda a week and a half ago, killen's attorney requested to have his arraignment continued for a plea which was granted by judge condace. gillian is now due back in court. august. 30th, i'm speechless,...
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Jul 29, 2024
07/24
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CNBC
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i think an issue like crowd strike's only gives lina khan more power to push back on these kinds of issues, because once we start to consolidate, we just become entirely dependent on them. >> carter, how does that chart look? either microsoft or crowdstrike? >> well, yeah, crowdstrike, i mean, it's the definition of a bad situation. anything that's in an uptrend that suffers an immediate aggressive setback, not just a dip, but a heavy volume drop in gap typically, it's news-related, and that was, of course, the case with crowdstrike. now down from $400 to $250. it is always tempting to think, maybe i can catch this for a bounce, but this is more damage than i would say is normal, and i would resist the temptation to try to step in. >> i know we said this is a rounding error, and relative to the size of microsoft, it is a rounding error. at the same time, guy, if we are in a market environment which questions higher valuation stocks, which questions, you know, the return on investment of a.i. investments, which questions how much revenue is microsoft actually going to generate from co-pilot
i think an issue like crowd strike's only gives lina khan more power to push back on these kinds of issues, because once we start to consolidate, we just become entirely dependent on them. >> carter, how does that chart look? either microsoft or crowdstrike? >> well, yeah, crowdstrike, i mean, it's the definition of a bad situation. anything that's in an uptrend that suffers an immediate aggressive setback, not just a dip, but a heavy volume drop in gap typically, it's news-related,...
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Jul 23, 2024
07/24
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KRON
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whenever the heart mourning for in oakland monday, 54 year-old shane killian appearing before judge lina khan does in alameda county superior court. >> his second time in court since allegedly shooting and killing his wife, parents and law and 2 young children inside his beachside home in alameda a week and a half ago, killen's attorney requested to have his arraignment continued for a plea which was granted by judge condace. gillian is now due back in court. august. 30th, i'm speechless, >> all we want is we want justice. >> and we think that is very unfair that they keep postponing. >> the gates, killian has been charged with 5 counts of murder and weapons violations. he could face more than 231 years in prison. if convicted and sentenced to all charges. but there could be an outside chance that at some point he could be eligible for parole. my own people. >> he loved. he's always talk about he was a happy person. enjoyed so much. i felt very disgusted. >> being on the other side and seeing with no face expression nothing. i just. i don't know how someone could just stand there and not be s
whenever the heart mourning for in oakland monday, 54 year-old shane killian appearing before judge lina khan does in alameda county superior court. >> his second time in court since allegedly shooting and killing his wife, parents and law and 2 young children inside his beachside home in alameda a week and a half ago, killen's attorney requested to have his arraignment continued for a plea which was granted by judge condace. gillian is now due back in court. august. 30th, i'm speechless,...
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Jul 23, 2024
07/24
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KRON
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not >> really hard morning for in oakland monday. 54 year-old shane killian appearing before judge lina khan does in alameda county superior court. >> his second time in court since allegedly shooting and killing his wife, parents and law and 2 young children inside his beachside home in alameda a week and a half ago. killen's attorney requested to have his arraignment continued for a plea which was granted by judge condace. gillian is now due back in court. august. 30th, i'm speechless, >> all we want is we want justice. >> and that we think that is very unfair that they keep postponing. >> the killie and has been charged with 5 counts of murder and weapons violations. he could face more than 231 years in prison. if convicted and sentenced to all charges. but there could be an outside chance that at some point he could be eligible for parole. my own people. >> he loved. he's always talk about he was a happy person. he enjoyed them so much. i felt very disgusted. >> being on the other side and seeing with no face expression nothing. i just. i don't know how someone could just stand there and
not >> really hard morning for in oakland monday. 54 year-old shane killian appearing before judge lina khan does in alameda county superior court. >> his second time in court since allegedly shooting and killing his wife, parents and law and 2 young children inside his beachside home in alameda a week and a half ago. killen's attorney requested to have his arraignment continued for a plea which was granted by judge condace. gillian is now due back in court. august. 30th, i'm...
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Jul 22, 2024
07/24
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KRON
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vest preventing him from causing self bodily harm. 54 year-old shane killian appearing before judge lina khan does in alameda county superior court. his second time in court since allegedly shooting and killing his wife parents-in-law and 2 young children inside his beachside home in alameda a week and a half a day. >> chileans father-in-law's family showed up to court monday morning. it was really difficult. that was. >> our first time. my first time here. i felt very disgusted being on the other side and seeing with no face expression. nothing. i just. i don't know how someone could just stand there and not be side something like chilean is represented by the alameda county public defender's office. >> his attorney requested to have his arraignment continue for a plea. >> and judge kunde is obliged. gillian is now due back in court. august 30th broken into million pieces. >> school never. we will never forget and this pain will never go away. jillian has been charged with 5 counts of murder and weapons violations. >> he could face more than 231 years in prison if convicted and sentenced to
vest preventing him from causing self bodily harm. 54 year-old shane killian appearing before judge lina khan does in alameda county superior court. his second time in court since allegedly shooting and killing his wife parents-in-law and 2 young children inside his beachside home in alameda a week and a half a day. >> chileans father-in-law's family showed up to court monday morning. it was really difficult. that was. >> our first time. my first time here. i felt very disgusted...
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Jul 17, 2024
07/24
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vance does seem to be in the lina khan camp, so, i don't know. i mean -- the merger makes sense to me, but who knows? >> there had been that question, because we were talking about how bank of america and citi commenting about the credit card exposure, the customer is okay there. >> both -- bank of america and jpmorgan have the same expectation, 3.4%, here, they are closer to 4.8, 4.9. different customer. >> so, we have answers now about that lower end, lower credit quality, lower household income consumer. >> maybe. >> maybe. okay. >> citi bank cfo last friday was calling into question some of the demand there and some of the stuff, they're seeing -- their retail partners. wells fargo, obviously, last friday, had a bit of a net interest income problem. the stock was down 6%. the next three trading days, it filled in the entire gap. so, i think there's certain pockets of this trade where investors don't seem to be too worried. maybe that's complacency. again, this is -- if you are releasing reserves right now, you are a bank like that, you are pr
vance does seem to be in the lina khan camp, so, i don't know. i mean -- the merger makes sense to me, but who knows? >> there had been that question, because we were talking about how bank of america and citi commenting about the credit card exposure, the customer is okay there. >> both -- bank of america and jpmorgan have the same expectation, 3.4%, here, they are closer to 4.8, 4.9. different customer. >> so, we have answers now about that lower end, lower credit quality,...
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Jul 23, 2024
07/24
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KRON
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>> well, really hard morning in oakland monday. 54 year-old shane killian appearing before judge lina khan does in alameda county superior court. >> his second time in court since allegedly shooting and killing his wife, parents and law and 2 young children inside his beachside home in alameda a week and a half ago, killen's attorney requested to have his arraignment continued for a plea which was granted by judge condace. killian is now due back in court. august. 30th, i'm speechless, >> all we want is we want justice. >> and we think that is very unfair that they keep postponing. >> the gates, killian has been charged with 5 counts of murder and weapons violations. he could face more than 231 years in prison. if convicted and sentenced to all charges. but there could be an outside chance that at some point he could be eligible for parole. my own will. >> he loved. he's always talk about he was a happy person. enjoyed so much. i feel very disgusted. >> being on the other side and seeing with no face expression nothing. i just. i don't know how someone could just stand there and not be sid
>> well, really hard morning in oakland monday. 54 year-old shane killian appearing before judge lina khan does in alameda county superior court. >> his second time in court since allegedly shooting and killing his wife, parents and law and 2 young children inside his beachside home in alameda a week and a half ago, killen's attorney requested to have his arraignment continued for a plea which was granted by judge condace. killian is now due back in court. august. 30th, i'm...