>> why did it take that long? >> welcome, you've got to reprogram arrow-- >> and this was back in-- >> you want us to go faster. >> well, okay. >> actually, actually the veterans of america want you to go-- >> i've got it, i've got it. >> i'm glad you've got it and i hope in all due respect that you will address their request to you. >> on it. >> thank you. >> miss holiday i thank you for your committee to positive train control and reminder that it was 50 years ago much that a crash occurred that prompted the focus on positive train control, ptc and it was actively included on the first of the most wanted list, as you say in your testimony, back in 1990. we're not talking about a novel or technologically new process. i assume you agree that that 2020 deadline should not be waived or delayed or in any respect abrogated? >> it should not be. >> do the rest of the panel agree? they are nodding. what should be done if they fail to meet that deadline? what would you recommend? >> i know there's been a lot of discussio

i am really good at long-distance and long hikes and as approved is weakened in ankeny, iowa really long parades. when you do these long tracks, you know you wake up early in the morning and you get a lot of miles behind you before it gets too hot and the sun gets too high in the sky. and before you get too tired. that is what this is about. setting a new tone that the currency of our democracy will once again be that decency. that our nation will be grounded in hope. because if you know this nation, this grand experiment in democracy was founded on hope. it was not founded on false hope, it was founded on hope. when our founders spoke about a more perfect union centuries ago, they admit it was not perfect when they started. they knew that. they believed it would become more perfect overtime. and each generation of american has an obligation to make it more perfect to meet the challenges of their time. this is what i mean, when donald trump inherited an economy, grounded in the resilience of our workers and businesses who led us through a really bad downturn, his obligation was to meet t

, long generational perspective.our money when you're young, when you're middle aged, hey, when you -- haven't you heard 60 is the new 50 and even once you've retired but there's another aspect of generational investing that i really got to stress here and that's the need to get your kids interested in managing their own money more generally and learning about the stock market particularly i say this to parents with children of all ages, while i love the public school system, you simply cannot rely on the public schools or even these ritzy private schools for that matter to teach your kids about money. okay, they can do a bang-up job with english, history, biology, chemistry, physics, calculus, whatever you want your kids to become client in a foreign language great. the typical high school can teach you spanish, french, and the fancy ones teach you chinese. however, if you want your children to become fluent in the language of finance, you're going to have to do it yourself. i get the sense that personal finance is

if it lasts very, very long than shops close for a very long period of time, there will be sacked peoplel be a vicious cycle, people spend even less and thenit cycle, people spend even less and then it will become a situation of a code virus situation where people do not date to go on the street for shopping and all the streets are just close. this is an extreme scenario. we are not there, we are in between the best and the worst scenario. between the best and worst, how much could this deduct from hong kong's gdp in 2019 towards 2020? for this so far the damage is limited. it does not really have a huge impact on gdp. hong kong's gdp todayis huge impact on gdp. hong kong's gdp today is more related to mainland cycle rather than hong kong's protests so i would say that hong kong's economy can still grow around 296. millennial 's in india is changing the concept of the home. renters share kitchens, bathrooms and lounge rooms. the industry is expected to be worth $2 billion in three years and the number of beds has more than doubled in the last year. we went to bangalore to find out more.

it wouldn't last very long, i can tell you that. it would not last very long.the ground, i'm not talking we're going to send a million soldiers. i'm just saying it wouldn't last very long. maria: yeah. >> i've been very nice to them. i decided not to do -- they shot down our drone, i like iranians so much, and that plays into your decision too. i mean, they're human beings, they're people. i didn't want to kill 150 people when they shot down an unmanned drone, so i didn't do that. maria: the sanctions at this point, the sanctions are enough, in your view, to fight back on iran's provocations? >> well, the sanctions are very biting. when i took over, iran was a terror. we had 14-18 sites of conflict. iran was behind every one of them. they would have taken over thed middle east, and they were going to make it really very bad. they would have taken over saudi arabia. maria: so are you working on a deal with europe? is europe going to be the next tart after you're done with china? ? -- target? >> oh, yeah, europe treats us worse than china. europe is, believe me,

look so from 60 to 0 for my going to puzzle yourself up by a long long it's not easy to go to another country you know nothing about why for i don't do this because we can't stay home and it's winter i know. that. costly global news that matters d.w. made for mines. this is state of the news africa coming up in the next 15 minutes on the rink the resilience house u.s. house speaker nancy pelosi addressed the gunny in parliament today visit knox 400 years since the 1st slave shipment from ghana to america. and the men who bear this cost 25 years off to run it as genocide makes a.

the attacks keep happening every week the piece she longs for seems a long way off. but joining me now from rome via skype is cindy holman she's a senior economist with the food and agriculture organization and co-author of the report the state of food security and nutrition in the world in 2919 good to have you with us so hunger levels are not falling right now according to u.n. findings what's behind that yeah this is important because what we're doing we're seeing or witnessing is a reversal and trends and terms of the long term trends of declining hunger hunger is now rising one of the key drivers is that we're we're showing that hunger is increasing in countries that are experiencing economic slowdowns or downturns or went to important we're finding is that it's not in low income countries but middle income countries so there's a leap between economic slowdowns and hunger is an important driver and can you give us an example of some of these middle examples of some of these middle income countries where food insecurity is a prob. yes i mean one of the things tha

long appears to be a long appears to be a long tim such a long long time ♪ ♪ before the dawn ♪ [ cheerse ♪ ♪ [ cheers and applause >> jimmy: david crosby the roots. the documentary "david crosby: remember my name" hits select theaters this weekend. my thanks to chance the rapper jennifer lopez cameron crowe! david crosby and the roots right there. stay tuned for "late night with seth meyers. thank you for watching, have a a great night. i hope to see you tomorrow bye-bye everybody.nd [ cheers applause ♪ ♪ >> announcer: from i 30 rockefeller plaza new york, it's "late night with seth meyers.-- tonight dax shepard, host of msnbc's "deadline: white house" anchor nicolle wallace, music from weyes blood featuring the 8g band with ragh mehrotra. ♪ a [ cheersnd applause ladies and gentlemen, seth meyers. >> seth: good evening. i'm seth meyers. this is "late night. how is everybody doing tonight [ cheers and applause l that is wonder hear. in that case, let's get to the news president trump today tried to down play his offensive attacks on minority congresswomen tweeting, quote, "i don't have a

days and were we to then reach for example 20 percent i think that's when they would be a lot more long because then would be at a level i'm probably at to the 2015 nuclear deal itself all right to hell in a home for our washington correspondent thank you for your coverage. want to tell you now about some of the other stories making news around the world. new york prosecutors have charged billionaire financier jeffrey epstein with sex trafficking authorities say you exploited and abused dozens of girls as young as 14 epstein has long been a high profile figure who has been linked to u.s. president donald trump as well as former president bill clinton. pope francis has given a mouse in which you prayed for migrants he said they are people and not just a social issue francis welcome migrants to the special ceremony held in d.c. peter's basilica at the vatican he's made the question of migration and one of the core issues of his papacy. the international criminal court has found a former congolese warlord guilty of war crimes after a 3 year long trial on the court also found bosco a tag on

it was an instant savings and i should have changed a long time ago.s funny because when we would call another insurance company, hey would say "oh we can't beat usaa" we're the webber family. we're the tenney's we're the hayles, and we're usaa members for life. ♪ get your usaa auto insurance quote today. ♪ when i have an asthma attack... i feel like a fish with no water. n how prevent your'sexac attack is one too many. >>> i'm cornell we are nard. lots of questions for pg&e at this open house tonight. many customers are upset about planned hour shut offs. >> from the water to your lawn and neighborhood, i'm kate larson in marin county. how pg&e's water power safety program could shut off your water supply. >> i'm amanda del castillo in san jose. she and her friends at andy's pet shop are hoping to go the nonprofit route. abc7 news starts right now. >> announcer: now news to build a better bay area. from abc7. >> to just say to people, you need to prepare, is really inadequate and it's frightening. >> worried and frustrated, pg&e got an earful from cus

okay look how long we have been within that range.'re saying these are, you know, relatively range, even if it breaks out the chances that it violates the 43 call that we sold or the 33 put that we sold is relatively low that's what i mean by matching the strikes for the maturity >> all right thanks, guys, for that come on back over. >> it is risk less, make more. that's the show. >> wow! come back over to the desk, please. >> coming over. >> i want to get dan's take on this whole thing >> yeah, i like the -- i mean, listen, twitter has been a stock that's been really gappy over the last few years meaning they have massive gaps in earnings, up and down. it tells me they get something like guy said in february, they took their medicine, had a big gap down then they changed, you know -- now this goes back up. so i mean i don't actually selling a put in a name like this unless you are prepared to buy this lower at mike's short put strike on bad news and so generally, you know, we like to buy stocks on good news. unless you are averaging

. >>> you're talking about a long time. it was a decision made i think not by him but by a lot of people. >> can alex acosta survive in the embattled labor secretary has the president's support. allies of the president not so sure. >>> obamacare could be in serious jeopardy. two judges suggest they may back a texas ruling that says the law cannot exist without the individual mandate. >>> scary moments on a flight from atlanta to baltimore forced an emergency landing due to engine trouble. and boy it's a beautiful day for a parrid. the u.s. women's national soccer team honored in the canyon of heroes right here in new york city later this morning. welcome to our viewers in the united states and around the world. i'm christine romans. >> i'm excited to be there. the first parade since the women's team did it again in 2015. i'm dave briggs, 5:00 a.m. in the east. we start in the nation's capital. a reprove for labor secretary alex acosta for now. he is under scrutiny for a sweetheart plea deal he made with jeffrey epstein when

time so it will take a long time and a long process on so the courts and south africans can really establish what is really happens under the watch of jacob zuma ok that's a huge increase in johannesburg thank you the world health organization's chief say the latest case of ebola in the democratic republic of congo is quote a possible game changer on sunday the country confirmed the 1st reported case of the virus in the eastern city of goma a man tested positive for the disease after he returned from the temple where he had been visiting ebola patients. this is. because. many people. how many people. you can fly. to. new york. ok so now goma is the biggest city been affected by the disease since its outbreak almost the outbreak originated near that some 300 kilometers north of but the virus has been gradually moving south and this latest discovery raises concerns that the virus could spread quicker in the densely populated area that's you see over there in shade that's close to the border now it has already become the 2nd deadliest outbreak in history in 2500 people and killing more than 160

it was a long, eventful day. hund o

david: how long will it be where there is no drivers? dara: the better thing than robots alone or humans alone is robots and humans working together. david: someone asked you to interview as the ceo of uber? did you say you already had a job? dara: at first, i said, no way. >> could you fix your tie, please? david: people would not recognize me if my tie was fixed. ok. let's leave it this way. all right. i don't consider myself a journalist. nobody else would consider myself a journalist. i began to take on the life of an interviewer, even though i have a day job running a private equity firm. how do you define leadership? what is it that makes somebody tick? you have been the ceo of uber for how long now? dara: two years. david: do you enjoy it? dara: i love it. david: when you came in, the company was not a public company when you came in. you have taken it public. you received a lot of publicity about the ipo. obviously you know that. the company has a higher market capitalization, roughly $72 billion. higher market capitalization tha

there's a long way to go. we have to make sure we maintain it but the mexican government put thousands of soldiers on their southern border, our great men and women of i.c.e., to assist in making sure those who come to america come here legal ly and don't come here illegally. there's lots of work to do but i saw real commitment from the mexican government and look forward to continuing to take those numbers down and securing america's southern border. >> well that sounds promising, but when you say there's still more work to do in the last month of reporting i think the number of people who entered our country illegally and were apprehended is still north of 100,000, in one month. you add that up, mr. secretary, that's over 1 million in a year. how low does the number have to go before the united states wants to talk seriously with mexico about you've got to do more. >> yeah, look my message yesterday was in fact just that. it was there's been progress. i think when you see the numbers for current month for th

in other long, long cycles, long u.s. business cycles have sometimes involved this kind of event where the fed will stop hiking, in fact will cut, then will go back the hiking. again, i don't know whether that will happen here. it doesn't seem like something that's, you know, particularly likely, frankly, but we don't know that. the other thing is, i think by extending the cycle, you do have a lot of benefits from that. i think, you know, we will use the tools that we have, a couple of rate hikes one way or the other isn't going to matter so much if there is a down turn, you're right, there will eventually be one, we will use all of our tools aggressively as we need to when that time comes. >> can you give us an update on the ongoing reassessment of the inflation framework and have the discussions so far this year had any bearing on today's decision? >> so the monetary policy review is really there to look at the way we make policy in the longer run, and it's not something that enters directly into our discussions today.

. >> i haven't this many friends around me in a long, long time. >> since high school that's good. >> yeah. the s&p 500 record highs nasdaq and nasdaq 100 hitting new all-time highs as well with the fang trade front and center. let's start with amazon versus alphabet who wants to talk alphabet >> sure. >> go. >> i mean, i own it. it was a very good quarter i think that google sites growing 21%, constant currency up from 19% from last quarter shows you last quarter was the aberration you didn't see this massive deceleration that was lasting. that's good to see a resell ration i think people are excited the disclosure on the call was better still a lot of question marks riding that but at least it was a little bit better. >> didn't talk about a regulatory risk until the end of the call. >> right but i think the bigger surprise was the allocation, they have $25 billion in cash and buying back a $25 billion program. so the expectation so low and the valuation kind of reasonable -- >> up 11% or so today. why has the stock been so unloved. >> i think after the last call there was no clarity

i'm glad we came a long way. we'll learn more about this agreement all day long what does it mean?re they second cousins or is russia moving into the house that's not all on "worldwide exchange." we have your second half playbook it was a solid first half to the year for stocks. the best june since 1938 what have you done for us lately market your second half playbooand k much more "worldwide exchange" coming up after this break forte i can lean on people, and that for me is what teamwork is all about. you can't do everything yourself. you need someone to guide you and help you make those tough decisions, that's morgan stanley. they're industry leaders, but the most important thing is they want to do it the right way. i'm really excited to be part of the morgan stanley team. i'm justin rose. we are morgan stanley. did you know that feeling sluggish or weighed down could be signs that your digestive system isn't working at its best? taking metamucil every day can help. metamucil supports your daily digestive health using a special plant-based fiber called psyllium. psyllium works by

as long as we stay true to our cause, as long as we remember our great history, as long as we never, fighting for a better future, then there will be nothing that america cannot do. [ cheering and applause ] >> reporter: but some chose to protest outside the white house. a flag burner was arrested as a small crowd cheered the desecration. >> five, six, seven, eight -- >> america was never great. >> reporter: an anti-trump group brought their baby trump ballo balloon. >> you see the military parade thing and it reminds you of north korea or nazi germany. >> there shouldn't be tanks at the capitol for this. that's just not normal. >> reporter: all in all, a wet and peaceful independence day. it was pretty remarkable and it was free of political rancor and division. we'll have to see what the 2020 democrats have to say on the trail today. cheryl: we'll have a he preview of that later on in the show. he's teasing ahead for us. griff jenkins, ladies and gentlemen. scary moments caught on camera. when a 6.4 magnitude earthquake rocked southern l california. this video taken inside a los an

that's the best solution long-term. that is the best way to get the most lasting, resilient, long-term results. sen. peters: you're saying programs like u.s. aid, state department. programs in those countries are critically important for us in our work to stabilize those areas and hopefully prevent mass migration. and some of the drug trafficking that comes out of those countries. the integration of all element of our power is key. i have a civilian deputy who's a full ambassador from the state department. she has former usaid experience. we have a senior executive from usaid that sits to my left at every meeting as one of my most senior reps. so we can figure out how to best integrate it. sen. peters: the trump so administration recently cut , off all nondefense aid to the northern triangle. as i know you are aware, guatemala, honduras, and el salvador. did the administration consult you as to whether or not that made sense? adm faller: the pressure that's being applied to these governments i would offer is good. the d

she has not w011 and win for a long time. she has not won a and win for a long time.she has not won a grand slam says the shoulder openin won a grand slam says the shoulder open in 2017 when she was eight weeks pregnant at the time. she has had opportunities as we know, that came in with a day last year when she was beaten in the final byjulie curb and again at the us open when she lost to naomi osaka. she is difficult to get over the line, but she has looked much calmer. —— beating in the final by angelique kerber. but whilst everyone else is talking about this potential 24th grand slam, serena williams says thatis grand slam, serena williams says that is not herself motivation as she looks to win in that final. i thought about it this morning and not since. because it is really not about 24, 23, 25, it is reallyjust about 24, 23, 25, it is reallyjust about going out there and giving it my best effort. no matter what. no matter what i do, i will have always have a great career. lets not forget ten years separate serena williams at 37 and a simona halep at 27, but sim

your long-term target is 10%. the absolute return portfolio long-term target is 15. you are a little below that. that is not anybody's false that is the consequence of building out in a prudent wait asset classes that take time to invest. shortfall is balanced 4% over in public equity. if it does well that 4% helps. when they do poorly it will hurt you. that is where the money is while it is waiting to be invested. the next page is asset allocation through history, and people ask you what does it mean to de-risk portfolio? less assets in those asset classes highlyvolatile. in 2017 that percentage has been coming down. it came down right before the market dropped and before the quarter. i would like to say that was skill full planning. it was a nice occurrence. the markets now with up and down volatility and less trek directs are the reasons we de-risk. the return compared to s&p 500 we invested in absolute to get the portion that would earn a constant plus two or three. that has gone from very little to significantly higher. this is a picture of a movement to a more°

one time illinoisan, long time aot commander. national war hero and current u.s. president. nearly a decade after the war's end the nation's eyes no longer saw this president exclusively through the lens of war victory. politics hung heavy over this meeting besieging grant's post-war leadership. ra rampant white violence was sweeping away republican governments. a recent liberal insurgency with its epicenter in states erupted over radical led constitutional amendments given citizenship rights to former slaves, including the right to vote. all now threaten grant's legacy and with it lincoln's. only this week in the wake of a catastrophic midterm election scandal written republicans whose bloody shirt had van wished democrats for a decade were trounsed nationwide losing 96 congressional seats and costing republicans their 16 house majority. it's still the national party's worst ever defeat. more even than the scandals and the national depression, voters were responded to reconstruction which one indiana newspaper man characterized as quote wriems and blunders of the administra

term other european countries could support they has always or at least for a very long time. where a nest of about of our german leadership in the european union so that's an issue that on the one hand could be good for german leaders on the other on the long term could pose some problems and obviously it is something that in general for the german government could be very interesting and important but again sumeet is important to stress that when you look at politics here in germany when you look at the grand coalition the grand coalition is now divided when it comes to this position of underline the current defense minister here in berlin it's a difficult post defense minister thomas and we should say that the military is facing a host of challenges at the moment so if she were to be confirmed and go over to brussels who could possibly succeed her here that's looking forward of course but as defense minister. i don't think many names have been presented so far what we can say is that it would be an extremely difficult position we're not talking only about long term problems

as we stay true to our cause as long as we remember our great history as long as we never ever stop fighting for a better future then there will be nothing that america can not do. the president's speech was interspersed with flyovers to suggest the u.s. is military might but each one was also reminded of how much this event was costing taxpayers. each fly pass is estimated to cost hundreds of thousands of dollars the white house isn't revealing a total figure but it has been reported that the national park service diverted 2 and a half $1000000.00 to the event that was supposed to be used for maintenance of national parks and monuments around the country. that's likely to be a fraction of the total for the normal 4th of july celebration costs $2000000.00 and then the crowds seem impressive it's impossible to gauge how many beyond the v.i.p.'s were in the move for trump and how many for the parade the concert and fireworks that occur each year in the end from salute to america wasn't the mass military parade that he craved having witnessed by steel day festivities in paris the quest

be the public was a long term by increasing rates of crime from the 1970 s. and early eighty's and they wanted longer sentences they wanted cracking down and that's what happened across the board for all kinds of crimes not only the mandatory minimum drug sentences the effect of all those sensing laws was not just to increase the sentences that people were exposed to so the people were serving longer time in prison than they did before it was also to take the discretion away from the set. seem discretion away from judges and juries and shifted over to prosecutors it didn't eliminate discretion it just gave prosecutors. the power to determine what your sentence was going to be by making charging decisions and even by bargaining over what the facts of your case were. so it didn't mean that discretion it was eliminated from the system it just put the prosecutors in charge . amy was born in 1968 and she was very very shy but by the task that in high school people can sat it in or she played basketball she made good grades high school that we went to was 7th throu

we need long-term plans. we need a long-term budget. and a long-term strategic plan of what we're going to deliver for the people of our country. again, i firmly believe we can get back in the house leadership ifrepublicans can -- republicans can get back in-house leadership, i think kevin mccarthy and steve scalise will have a plan that people are happy about. host: russell in baltimore, you have about 30 seconds for your question or comment. caller: my question is, how can a regular person running a business compete with a tax ?helter with deep pockets guest: while, i guess you got to do your best. i am not sure which tax shelter, or if you are talking about nonprofits, or what sort of organization that you think has an unfair advantage. i would go to your accountant figure things out,. if they are in the same business as you, they should be following the same accounting rules as you. nonprofit,t is a nonprofits play an important role as well. but if you are in pennsylvania, or if you are in my district, i would be happy to talk to yo

a working day for monica is often 18 hours long the. next visit has been promised for a long time. and. the children at 5 to gaze orphanage have been looking forward to seeing monica and samey. girls of all ages live here. fatu guy runs a clinic which is funded by donations. she's a midwife and here she houses 60 children. a strong woman's place for women. anyway the kid 111 man the kid one question then you have a kid one room and you get to the mission or is that. in some cities it is the orphans all girls to took them all in here. she takes such good care of them make sure they have enough to eat that they go to school and tries to be like a foster mom. susan are in. training weeks amy and monica is the highlight of their week. left. and on it goes. the independent stadium cambias largest arena a performance by the police marching band in anticipation of the men's football super cup final but 1st the women get to play the league champions versus the winners of the cup. i must say. eventful moniker stop and say nice is already but not many fans have showed up yet . come to 4th an

on their long journey to the red planet. but that probably won't be possible until over a decade from now at the earliest. looks fascinating so dr could why is sending people back to the moon 50 years after the 1st landing there why has it taken so long well it's an expensive affair and it's it's a lot of effort needed to do it to feel free to fulfill it and it's now a good idea because the international space station is coming to an end slowly probably the end of the next decade and you have now to think about what will you do next after a bet and then returning to the moon is a logical step because it could be the way to mars exactly talked about that we come to that in just a moment but 1st tell me what kind of experiments new experiments will the astronauts be conducting on the moon we have 50 years after a completely new technology much better instruments and tools to identify minerals chemistry and all these things we have detected water on the moon this would be a source for full that we could use from the moon going

my 29th overall pride since i came out as a gay man a long, long time ago. time flies.timistic for our community in many ways. this community that been through so much in terms of the hate crimes and the worst of the hiv aids crisis and housing crisis and all of the other weighs in which our community that struggled over the years in san francisco and elsewhere. we are so resilient and the community comes back and comes back and gets stronger and stronger. i am so proud to be part of our lbgt community, particularly in san francisco. that doesn't mean we don't center challenges. i think pride is the right time of the year for us to recommit to celebrate and recommit to the fight. of course, we know what this guy is doing in washington, d.c. in the white house to undermine and harm our community including our children, attacking children. it is something that it is hard to fathom that you have a president of the united states who would attack lbgt children. apart from what he is doing and we are fighting back hard to make sure california goes in the other direction, we h

the fixed income market is clearly very long, long duration, long bonds and there is a fear that if he'sot as forthcoming as the market expects him to be, the bonds will back up that said, it looks like today's move was actually a european move german yields are backed up a bit more than u.s. yields and the move started when the european market opened u.s. yields weren't doing much before so i suspect it's two issues both related to the market being long but the immediate move today not necessarily driven by powell here. >> let's bring it back to the u.s. right now and obviously the market pricing has shifted over the last couple of days and since nfp. the market is pricing in about 2 1/2 rate cuts by the end of the year according to your assessment, how much of that is on back of the actual weakness in the economy versus just inflation under shooting the target? >> look, i think the market is underestimating how much pressure the fed is under because they're missing their targets and they're missing it by quite a bit more than they expected it to be. so, you know, i think that 1 1/2 to

as long as we stay true to our course, as long as we remember our great history, as long as we nevering for a better future, then there will be nothing that america cannot do. [cheers and applause] ed: kind of left people like the new york city pflum mucks. flyover and flags as the president plays emcee which is innocuous. emcee of this great party on the national mall. you built it up as if it was the worse thing in the world and going to be political it. didn't turn out that way. pete: criticize it as eighth grade i think we need the basics. we live in a country where we have forgotten so many of the founding basics which does make america especially. exceptionalism means you are different than the rest. this is an american experiment started by men which then became more inexclusive because of those founding ideas that is still an experiment and still exceptional in the world today. let's celebrate the heck out of it and that's what it was. jedediah: it's beautiful. i didn't find it eighth grade at all what better day to recownsd the history. he was going in and paying tribute. he

long rule of former president says sykes sound of the republican party his attempt to stay in power by becoming prime minister had set off a political earthquake. the legitimacy i mean social. psychological edge over the public good port was there they were not popular even 10 years ago with this except to keep the truth. a former political prisoner began a long march from the west of the country to the capital yerevan much of the time with his wife at his side in her right at that. high up and send up well i thought i'd rather. get a girl to get it behind our back to someone else almost nothing and like the slum lord yes that's how it's called in costumes us that's a bargain that's the good nots i levels. most economists that. with hundreds of thousands of supporters on the streets demanding he became prime minister instead of socks in pushing eunice yoon pilot in a velvet revolution. he immediately set about tackling corruption with high profile cases like the mayor of yerevan his numerous mansions were filmed by a drain the video of which went viral on the internet. people were ince

morgan long i kind of like the banks here.hink they've been much maligned, great valuations relative to their own history. they've underperformed the s&p by 2% in the last year >> we were talking about the brokers versus the banks if hundryou had to choose that choice >> i love being on oa on a friday afternoon i love carter stole the mantle from you >> i know. >> and i'd love to answer that if i could, would you rather back, i'd rather a blackstone rather than a money, so if ima he looking at the components of the xlf i'd like to break it down in a lower rate environment, blackstone's been a monster. >> a new high the other day this week >> mike, i know you have until august for this trade, but in terms of the financials, usually you've got them trickle out in a clump, but j.p. morgan goes out first. citi goes out in the beginning as well. how actively do you manage this if you see that initial drop, are you inclined to take it off beforehand >> i think this is something you'd look to monetize pretty quickly. bear in mind, yo

they still have a long way to go. at this point there's no estimationah on w everyone will get the power back on. back to you. >> let's hope it's soon. thank u. >>> we're going to go to more breaking news now. less than t an hour ago, baltimore mayor responded tode pre trump calling his city a ran-infested mess that nobody would want to live in. >> this president has a history of attacking minorities, attacked the congresswomen, she's attack -- he's attacked elijah cummings. >> the president launched what many are calling an rhercist attack against a minority member of congress. the president went after representative elia cummings and said cummings' baltimore strict is worse than -- rodent infested mess.mi if cums spent more time in baltimore maybe he could help clean up this dangerou and filthy place, end quote. cummings represents a minority black district as chair -- excuse me, jority black district as chair of the house oversight committee. he has led multiple investigations of the president. democrats and other

chair powell: in the long run. rep. phillips: when you contemplate rate changes, how much weight you give to the ongoing strength of current economic data versus the forward-looking weakness implied by the inverted yield curve? monetaryell: i think policy is always about the outlook. you have to take into account the current position of the economy. it is very strong, low unemployment. relative priced ability. we are always about looking forward. monetary policy works with a lag. you ask about the yield curve. that is something we do look at. there.s a message in it is not a single thing that is a dominant financial condition. there are many things we look at in financial markets. that is certainly one. rep. phillips: lastly, you believe the federal reserve has the requisite tools to fulfill its mandate without assistance of fiscal policy? mentioned, weas i do have the tools we have, and we will use them aggressively. as i mentioned, in severe downturn, there comes a time when fiscal policy support is necessary and appr

it's been a long wait even though car racing has a long tradition here this city circuit was legendary in the 1950 s. the best formula one drivers in the world competed here at the byrne grand prix. but car racing disappeared from switzerland in the wake of motor sports biggest catastrophe over 80 people were killed in an accident that lamont in france in 1955 this was parliament then decided no more races in switzerland a ban that still applies today. but switzerland made an exception for formulate important because it wants to promote electric vehicles they have a long tradition in switzerland there has been electric public transport here for a long time along with car free inner city and environmentally friendly technologies in the past this was every piece didley shown forward thinking with their inventions switzerland wants to become carbon neutral by 2050 at the latest it's a goal that to supported by almost everyone. the i would be how i miss it. british guy who heads engineering group a v.p. switzerland says his company has a long tradition of electric mobility and its predeces

long live the united states of america. long live liberty.ublic of france and long live the friendship between these two nations. >> will not present the legion of honor to five of our world war ii veterans. >> translator: to vincent hines on behalf of the french republic, we award you, the award of night of the legion of honor. >> translator: stanley friday, on behalf of the french republic, i award you the distinction of night of the legion of honor. >> translator: charles darrow, in the rainy name of the french republic i name you a night of the legion of honor. >> reporter: to harold terrence come in the name of the french republic, i make you a night of the legion of honor. >> translator: paul wirth, in the name of the french republic, we make you a night of the legion of honor. [ applause ] >> ladies and gentlemen, the president of the united states. [ applause ] >> president micron, misses micron, and the people of france , to the first lady of the united states and members of the united states congress. two distinguished guests, veter

war and how long will it go on.ad the war in afghanistan, war in iraq, resurgence of isis and defeat devices but feels like there's always another iteration. chad, you study this closely and are we a quarter of the way and or halfway there or winning or losing? where are we? >> we are winning. currently there are numbers around the thousand on the eastern side on the iraq border, 300 probably are fighters of rest women and children so they have been put on their heels but the problem is no different from one to tell a man called a cease-fire but all that really is is backyard football when we used to play like it i'm out of breath, stop. with her doing is recouping and refitting with mo and food to bring the fight back again. you can't just stop and you can't get out and say move on because that's not how it works right that how teams the mindset of the american people are. are we done yet? >> just like you said when they call timeout and you say hey, wait a second, even quÉbec and so we are winning but as long as y

yes, congress needed to act for a long time, it's been negligent in that.resident promised to act in 2016 when he was elected. that has not happened. this has to be addressed. it will be a key issue because it is something the news to be addressed. david: will it be or is it being fixed? pointing $4.5 billion, they are making some changes. maybe this crisis can be handled. >> unfortunately, the numbers are so great. last month alone, 130,000 people came across the southern border illegally, in addition to the nearly 210,000 that we left t through the immigration process. haveresident's tweet may not been eloquent, as are his other tweets, but the action sics taking place this week, they are modeled after president .c.e. actions. i i think this is thoughtful of the president. commitl aliens who violent crimes, which most people can agree should be deported. that justour families arrived from central america who skipped their proceedings. the u.s. has been kind tried to expedite their cases in the court system. these are folks that did not show up at the rece

# then begins the long road to recovery. the twins have daily physiotherapy.heir heads up. # twinkle, twinkle, little star. # how i wonder what you are...# but the separation has taken its toll, especially on safa, who suffered a stroke after one of the operations. we made the decision that the bulk of the common vessels go to marwa, the weaker twin. because of that decision, safa suffered a stroke. what i really want to see is the weakness that safa has at the moment, and she has a weakness in her left arm and left leg, improves. so for me, the big moment is going to be when she walks and when she uses her left arm properly. because, you know, i have given her that weakness, and for me, that is a hard thing. five months after separation, nearly a year since they were admitted to hospital, the girls are leaving great 0rmond street. time to say goodbye to doctors and nurses who have become friends. until the twins are well enough to return to pakistan, they'll stay in london — all paid for by the donor who funded their surgery. the twins are likely to have some

speaking of issues that are long-term challenges to the economy, you mentioned housing and the lagging in housing construction. what we are seeing all over the country is that housing costs are growing faster than wage growth and the market is producing. athave shortages of housing price points that people can afford and we are seeing high-end homes being built but not homes that people can actually afford. i would like to have you talk a bit more about the impact of this. this has impacts on employment and rural areas and long-term economic prospects for the country and what the fed's role could be. chair powell: what we hear from the homebuilders is that it is a series of factors that are holding them back and challenging affordability. cases, there was a big homebuilding sector in 2005 and a lot of those people retired in 2007 and now you have a shortage of skilled laborers, so it is hard to get people on the job, electricians, plumbers, carpenters and other people. no matter what you pay them, just finding people who can do that work. >> do you think our immigration policy might ha