loretta: thank you for having me, michael. mike: what did you think of jay powell's address today, is he on team mester, team taper? loretta: [laughter] i think we see things pretty similarly. the economy has made a lot of progress. that is the great thing about what we did early in the pandemic. now the question is is it time to step back from some of that extraordinarily accommodative policy we put on, in particular the asset purchases. the criteria that we put in the statement about what it would take to begin tapering, i think we are pretty much there. inflation, we made substantial progress in december 2020. we have also made substantial progress on the labor market. we will get another labor market report before our next fomc meeting and i'll be interested in seeing that. the only real risk here is whether the delta variant will cause more of a pullback in demand than i'm expecting. of course i'll be watching that. basically we have met our criteria and it's a question of communicating in an appropriate way so that we ca

country music star loretta lynn posting on facebook her family is heartbroken. their ranch foreman, wayne spears, among the victims. officials going door to door, searching for as many as ten people still unaccounted for here in humphreys county. >> they were on a raft trying to hold on. they hit a tree and it broke. one sister went one way, lily went the other. >> reporter: tarri holderman telling us her 15-year-old niece, lily bryant, is among those missing. lily's sister making it to safety. >> and it's just been tough, because we can't find her and we need to find her. >> reporter: more than 17 inches of rain falling in just a matter of hours over the weekend. training thunderstorms along a stationary front bringing relentless rounds of rain over the same area. the deluge turning the creek that runs through the town into a raging river. this is how high the water was? >> yeah, several feet. >> reporter: lindsey daniel taking me through her family's flood damaged home -- >> we stayed in there. >> reporter: -- telling me she, her husband and 8-year-old son was

my wife and i loretta and i send our condolences to rich's wife, barb, their son and family. i understand that he was with his grandson when he was stricken this morning. as a grandfather, i will tell you it's a happy moment when you're with your grandkids and that's the way it should have been for rich. president trump's friends, his brothers -- president trumka's friends, his brothers, to all the families to which rich trumka devoted his life, we've lost a true champion. america is better for rich trumka having lived, fighting for those who worked to make america a great nation. from mas recognized. ms. warren: thank you, madam president. i am here to honor the memory of my friend and the friend of every working person in america. rich trumka. we lost rich this morning and all i keep thinking is the kind of man we've lost and what that means to all of us. rich was real. he was a third generation coal miner who rose to become the president of the united mine workers and the president of the american federation of labor. rich was also a hunter, and he had the patience of a hu

bank -- loretta mester, the federal reserve bank of thing that -- of cleveland president.s&p, we are down a little more than 1%. yields are higher on twos. this is the moves by 2% on wti to $66.91. jake sullivan, the national security advisor, saying opec+ should look into higher production. tom: we like to take real pride in our booking. we have a team of 30 people that help us every morning particularly those in london that were able to welcome aaron will -- to welcome ellen wald. if you think about the prize from decades ago, ellen wald holds the high ground on saudi arabia. her book on saudi arabia was definitive with the atlantic council. you say in your classic look, "masters of our own commodity." is america masters of oil now? ellen: i don't think we can necessarily say that we are at this point, particularly because we are kind of shooting ourselves in the foot in terms of oil production, and basically doing everything that we can ensure that oil supplies are really at the mercy of opec and russia. jonathan: tom asked the question earlier this morning, what is the

. >>> kenny choi at our lady of loretta school to explain more. >>> allen the outbreak happened at this catholic school behind me in late may and new details of how a teacher spread the virus unintentionally and had wider implications on more school communities. >> we saw the perfect storm. we had a person symptomatic and attributed their symptoms to allergies. the most common thing. >> one unvaccinated teachers showing symptoms for two days before getting a test leading to 26 others including students and teachers to get infected at our lady of loretto school. >> it causes the students stress. >> this seating chart in the cd report showed how the unnamed teacher in may spread the virus to half of the classroom affecting eight out of ten students in the first two rows. >> this is the largest outbreak. >> the teacher did not wear a mask. based on more than 230 on campus tests and contact tracing showing the delta variant in vaccinated adults. >> with the variant you may get one or two others sick but with the delta we see the attack rate of five to six people. >> and how unvaccinated and

. >> those parents are nels and loretta rasmussen. >> doesn't make any difference what day it is.a pain that is always there. there's no cure for it. >> who would want to kill sherri rasmussen? she was hard-working, caring, and popular with her coworkers. trained as a nurse, sherri was director of critical care at a large local hospital. >> we are implementing the people difference program. >> it was a devastating day. she was 29 years old and just in the prime of her career. >> althea kennedy was sherri's boss at the hospital and had originally hired her. >> we couldn't believe it. first of all, like how could someone do this? people crying. people upset. i mean, the hospital was like a tomb, you know? so, the loss was real palpable. >> sherri had just married three months earlier to john ruetten. >> where the happily married? >> unusually so. >> months after the wedding, john found sherri sprawled dead. he might seem a likely suspect, but john was cleared almost immediately. the lapd focused instead on evidence that this was a burglary that turned violent. >> this was no acciden

and it's heartbreak for loretta lynn who is mourning the loss of hers ranch foreman who died in the devastating flood that tore through her property. >> being wayne and being our ranch heartbeat was out there trying to get the dad gum tractor out of harm away. >> reporter: but for amber elliott and her children they are grateful to be alive. she said they were forced to retreat to the top of her car as the water started to rise. >> the scariest thing ever for me and my kids to be in. >> reporter: 17 inches of rain fell here in just 24 hours turning this creek into a raging river, norah. crews took advantage of the clear weather today to clear a lot of that debris and hopefully find answers for those families. >> o'donnell: jessi mitchell, thank you so much. and more weather now, what was once hurricane henri is still dumping rain in new england it knocked out power to tense of thousands of homes and businesses, meg oliver shows us the massive cleanup. >> reporter: tropical storm henri carried enough muscle to batter the northeast. high winds and storm surge flooded streets. ripped down trees an

. >>> kenny choi at our lady of loretta school to explain more. >>> allen the outbreak happened at thisholic school behind me in late may and new

we will start with katie archibald and loretta kenney going in that madison for great britain.ially for her to do that. she britain. if she gets any medal at all, she would equal the record of charlotte with six olympic medals. so no doubt it will be all eyes on laura kenny bear and the great story that she provides, and then on the track, we have got another laura and laura mira, she's going in the 1500 metres final. she has been there or thereabouts, hasn't she come in most of the spine is that the outdoors and the olympics and at the recent past, but she is never quite got on the podium. she has taken the 800 metres away from herself and this eventin metres away from herself and this event in order to focus on the 1500 metres. however, she will have some stiff opposition from the dutch runner. she has already won gold in the 5000 metres. she's going in the 1500 metres as well, and she is also trying to get an unprecedented travel because she has —— she's also going to go for gold in the women's 10,000 metres. a great story but deena asher—smith. we have seen the injury conce

tapering, you know, asset purchases to end, middle of next year >> loretta, would you mind talking about the evolution of your thinking about inflation? when we spoke in june, you weren't all that concerned you seemed to suggest that you weren't sure if this was permanent. it looked more transitory to you then a couple of months later, has your view on that changed? >> well, i think the permanent transitory probably isn't a good way to explain my views on inflation. what i'm looking at is whether some of those covid-related increases in prices and we've seen that in a number of places. some of the supply constraints, whether they're going to linger enough and stay on long enough that they actually get embedded into inflation expectations and then become an inflation high or inflation on the underlying trend inflation. those core inflation measures, if you will, that we like to look at to sort of give a sense of where the inflation, underlying inflation rate is going. right now all the people i talk to and businesses are saying that, you know, we thought that those supply con ststraints w

loretta lynn's ranch foreman lost in the floods. >>> the massive wildfires in california and tonight the neighboring states now reporting some of the worst air quality in more than two decades. >>> the emergency onboard. the cell phone sparking on a plane. and the evacuation that came next. >>> and tonight here, we remember one of the best rock 'n' roll drummers of all time. a force with the rolling stones. >>> good evening and it's great to have you with us here on a very busy tuesday night. president biden before the american people just a short time ago on the emergency evacuations in afghanistan. tonight, president biden now saying the u.s. is on pace to finish this by that august 31st deadline to get out of afghanistan. that is one week from today, to get americans out, to get all u.s. troops out and it leads to questions tonight about all of te afghans who helped the u.s. over the 20-year war. will they get out, too? will that process continue after this deadline? the president saying he is concerned about the terror threat on the ground, with each day u.s. troops remain there.

and can the ha loretta who was arrested by pakistani security forces in 2010 and kept in custody for years is now expected to by some to become the next leader. we're going to stop. one of the thought about commander who was seed on sunday storming the presidential palace in the capital and out to be a form of the tiny at the notorious guantanamo by prison. cam ortiz, to be to power, takes a closer look at his and other similar cases. if the situation of gaston wasn't already a disaster showcasing the shortcomings of u. s. foreign policy and appetite for regime change. well, it turns out one of the taliban leaders who gave a celebratory speech from couples presidential palace was none other than a former guantanamo detainees. who was released as a quote medium risk. guess seriously, of all the people, the u. s. torture in guantanamo this was one of the guys deems thought, really dangerous, and let go meet goal am roo honey. one of the 1st detainees at guantanamo in 2002, he was captured by us forces on suspicion of being a taliban security officer during his time and get more money,

loretta mester has said that. think about the fit forecast for the unemployment rate. 3.8%.e think i'm this big economic. -- people think i'm this big economic bull. then the bull is aligned with the fed, because that is pre-much my forecast. 3.5% by the end of the year. you're going to tell me that 3.8% and fait having being achieved equates to no hikes in 2022? that is inconsistent. people are looking for catalysts to get the market to move. i will give you a catalyst i think will be interesting. i think the september payroll, the september fomc meeting will be very interesting. everyone appreciates fed officials looking for a hike. it only takes two officials to get that medium to move. i do not think we would be surprised if something like that would happen. that is the area right for continued movement. jonathan: that is such a good final point. tom porcelli of ibc, great to catch up is always. looking forward to the speech from richard clarida later. it will not take much to move that median dot, i think that is an important point. lisa: and the fed looking at an econo

10:00 a.m., the fed's loretta mester will be speaking. very interesting to see whether she reiterates some of the comments from raphael bostic yesterday. it won't take much for him to support tapering of the monthly bond purchases sooner as the labor market remains very hot. at 1:00 p.m., the u.s. planning to sell $58 billion of two-year notes. you framed it white when you said the big question is can they divorce the tapering of the balance sheet with potential rate hikes. a lot of people in the market think they eventually have to do this, so how will they start to communicate that in the near term? jonathan: president kaplan very sensitive about that issue. interesting to end on the bond issuance we will get from the treasury. tons of supply. gone are the days where we talked about all of this debt coming from the treasury, and the reason why yields had to go much higher, 1.3152% on tends. tom: you were on with the jobs report, and it came up. i am just seeing a lot of nuance in the screen, which leads to better gdp. yes, higher yields

loretta mester will come along later. talk to me about the speed of taper that you expect at barry berke. good morning -- you expect. good morning. callum: the taper will be gradual. by the middle of next year, the fed will no longer be adding assets its balance sheet. the thing to focus on here, listen to what central banks are saying very carefully. they are saying that qe seems to be very effective at a time of a crisis when there are severe liquidity issues but during normal times, it seems to be less effective. that is what the bank of england said last week. it basically thousand that internally, central bankers think that the assets they are buying are not affecting economic outcomes and that is where you get this conclusion. bankrate, fed funds rate, so the central banks, as long as they have a predictable path to the balance sheet, whether that is no change in asset or even a gradual passive rundown, it will probably not impact economic outcomes too much. markets should be looking at that as the marginal tool. da

coming up, fed president loretta mester at 1:00 in new york, 6:00 in london. this is bloomberg.heck, bloomberg first word news. i am ritika gupta. large crowds gathered around the kabul airport despite warnings of more terrorist attacks a day after 13 american servicemembers and at least 75 afghan citizens died in explosions there. the wind over civilian evacuations has all but closed for thousands of afghans. -- the window for civilian evacuations has all but closed for afghans. martin progressive democrats on a collision course over how to pay for president biden's economic agenda. the president has proposed tax hikes on wealthy households to pay for in new spending. progressives are seeking more but moderates want fewer tax hikes and are hesitating on the spending. that is where the fight will come in starting next month. tropical storm ida is forecast to grow into a powerful hurricane. it is hitting oil and gas production in the gulf of mexico. oil companies are evacuating. ida is forecast to strike cuba, regain strength tomorrow, and make landfall over louisiana and mississ

powell we'll hear from several other fed officials here on cnbc we have bostic coming up, pat harper, loretta mester and richard clarida on this show tomorrow you're going to want to tune in, tyler. >> a lot of fed speak tomorrow steve, give us a sense of -- i mean, everybody knows a taper is coming, it would seem. how important is the timing of the announcement or the hinting or the winking to the markets, or is it already all in there? >> reporter: i mean, it's a good question we can't survey everybody in the market, tyler, but if you don't know that a taper is being discussed, it could well happen october, november or december. i'm afraid you probably should give in your license for holding any stocks at all. >> thank you >> reporter: you should be banned from providing any investment advice or even actually holding any assets sort of thing >> steve, thank you very much. well put >>> treasury yields on the move ahead of the annual summit rick santelli tracking the action at the cme. >> reporter: intraday right around 1:00 eastern rates dropped a bit. that's when we completed the note optio

we will start with katie archibald and loretta kenney going in that madison for great britain.bt it will be all eyes on laura kenny bear and the great story that she provides, and then on the track, we have got another laura and laura mira, she's going in the 1500 metres final. she has been there or thereabouts, hasn't she, in most of the spine is that the outdoors and the olympics and at the recent past, but she is never quite got on the podium. she has taken the 800 metres away from herself and this event in order to focus on the 1500 metres. however, she will have some stiff opposition from the dutch runner. she has already won gold in the 5000 metres. she's going in the 1500 metres as well, and she is also trying to get an unprecedented treble she's also going to go for gold in the women's 10,000 metres. a great story but deena asher—smith. we have seen the injury concerns for her earlier on in the games. she was able to come back and take part back and take part in the four by 100 metre relay. they were able to qualify to through the final. however, the jamaican relay team

loretta lynn's ranch foreman also died being swept up by the floodwaters.ucky ones to make it out alive and they have quite a story to tell. they join me now along with their 4-month-old baby. thank you both for being here. after seeing the pictures of what happened in tennessee, it's unbelievable. i mean your story stopped my heart today when i read it. anthony and vanessa, you were separated when all this happened. anthony, you left for work early that morning. a few hours later, vanessa, you're standing on your countertop with your 4-month-old because the water is rising so fast. it sounds like it happened in an instant, vanessa. can you tell me what you saw and what was going through your mind then? >> i just felt so overwhelmed. i didn't know -- i just felt like i was going to drown because it just happened so quickly. and i just knew that i needed help. and so people just came to my rescue. i had all kinds of people trying to get to me. my family and all kinds of people had posted on facebook get to her. she has a little baby, she needs help. and the

also among the dead is a foreman who worked on loretta lynn's ranch in humphreys county.music legend said on facebook when spears was a longtime foreman and friend. the downpour was unlike any other record breaking 3 inches an hour creeks behind homes turned into raging rapids. this business owner says he had 6 feet of water in his restaurant. everything he owns is now gone. we've got. >> from other businesses that actually washington normally windows smashed out. >> tennessee governor bill lee toured the impacted areas calling the devastation overwhelming the president sending his condolences and federal aid will offer any assistance they need for this terrible moment. >> that was alina abovian reporting for us this afternoon. national weather service is projecting more of these storms in the future due to global warming. now from floods on the east to wildfires on the west. all the wildfires we're dealing with are forcing the state to shut down some of california's national forests. the u.s. forest service issued an emergency forest service closure for 9 national parks.

host: loretta in cleveland, ohio, you are next. caller: good morning. oh, gosh, i have to come behind that caller. i feel bad for her. and i see both sides of the issue. i know two people that are being evicted, and both are ladies, both have kids, and both have college degrees. now, i want to talk about both sides, because when people say that you need six months worth of money saved to sustain yourself, that is not true anymore. you are going to need at least a year or two. and what that consists of is this year's worth of rent, this year's worth of insurance, this year's worth -- excuse me, six months of insurance, utilities, your phone, all of those integral bills every month that you have to pay. you need at least a year saved up now in order to sustain yourself. now some of my friends, we are all trying to pull together and help them out. but everybody is going through something. and for those renters, they supposed to have a reserve fund to cover anything, just like those store owners yelling about the rioters, they supposed to have insurance to

we expect hawkish comments again today from loretta mester and we expect more from george. these are all known hawks. we knew that they would come with these comments. it shows where the vulnerability is in the market. yields drift a little bit higher. we are seeing that site although through in asian currencies. the commodities, it's green right down the line and this is the idea that commodities really suffered on the open on asia morning on the futures open, particularly gold. oil prices obviously very heavy but we are seeing commodities not fully repairing the damage of monday's session that there is a little bit more of a bit in the market in commodities. let's continue -- francine: let's continue looking at the earnings. first half revenue coming in at $5 million. you look at one of the key metrics for the hotel industry, first-half -42.6%. it is saying it will not pay the interim dividend. i cannot remember the last time i was in a hotel. it is ramy to speak to the chief executive. he is chief. why are you not paying an interim dividend right now? are you concerned a

than 20 bodies have been recovered including that of wayne spear's a long-time ranch foreman for loretta lynn. taylor lynn is her granddaughter. >> being the ranch heartbeat, he was out there, trying to get the dad gum tractor out f harm's way and that water just like everything that happened here in town, it just came so fast. >> i had the twins in my arms like this. >> daniel hall and matthew rigney had their twins swept away from their father's arms after the sudden surge into the apartment. >> never imagine we would be burying two babies seven months old. >> reporter: the rigney family had moved in two weeks before the flood and so did rachel reeve's parents and tomorrow, the funerals are tomorrow for the ranch hand and the baby twins. >> listen, it's devastating when you lose somebody and your family and when you look at the twin girls -- >> it's very hard. >> and then the families together and then separated by the water. >> another reminder about the force of mother nature. never underestimate that. >> still a lot of missing people. >> holding out hope for the one girl still missi

jackson hole symposium and that includes esther george, rothschild bostick -- raphael bostic, and lorettaester. our next guest says the key risk to this week's rally are any hawkish commentary from power. joining us is the cio at bluestone wealth advisors. lots of concern over inflation overshooting the fed's expectations so what kind of balancing act is jackson hole for the fed chairs? bryan: all eyes are going to be on fed chair powell's comments with regard to taper talk and inflation commentary. i think what you see in the past few days in there's been a strong. on risk assets and growth assets in particular given a lot of investors are getting ahead of what they believed to be a slightly more dovish tone from said powell, given the delta variant in its resurgence in covid cases. haidi: where are the investment opportunities for you at the moment? we are seeing a return to growth, a return to text. is there a bit more appetite for reopening trades given it does not seem like delta is going to lead to widespread lockdowns again? bryan: here at bluestone, we have taken a barbell approac

also recovered the body of a longtime friend and ranch foreman for country music legend loretta lynn.ept away in waters that overtook her ranch in nearby hurricane mills. lynn posted on her facebook page, "only god could build a man like wayne spears." meanwhile, among the missing, 2-year-old kellen, snatched away from his mother and four siblings. >> they were on the clothesline hanging on. he was a wonderful kid. >> reporter: the rain fell so quickly, many people were caught offguard by the danger. amber elliott climbed to the roof of her car with her children. >> all the houses were off foundation. there's cars in the driveway. the scariest thing ever for me and my kids to be in being a single mom. >> reporter: amid the tragedy emerged stories of heroism. neighbors helping rescue neighbors, even by jet ski. >> we need a lot of geez. >> reporter: clayton callicott is a junior high principal who's helping neighbors who lost their homes. >> unfortunately the ones that are missing, some of those are children. and we just trust god's hand that he's going to minister and take care of and

i did reach loretta and talked to her in front of her home and discussed some elements to help her withcy as well. i did e-mail samuel p un n. he didn't reply. i did send the designs i had for the new redesign. i was trying to show. [ inaudible ] the distance as you look at exhibit 1 reviewid plan. look on page a10 that has overview of where the lot will be. the actual distance -- i was tries to reassure that is distance from the new planned home i want to build to her building is about 50 feet away. from sam's house 30 feet plus the elevation is down the slope. the actual elevation of the home is lower than any of the homes on wild. none of these showed up in the pre-application meeting. i couldn't consider it until the last meeting. i hope these changes satisfy the requirements of the board. i hope it will permit me to get the building permit. i will answer any questions if i am asked. thank you very much. >> vice president swig your hand was up. did you change your mind? >> i have some fundamental. thank you very much, first of all, for listening to the direction and the feedback fro

the ranch owned by country legend loretta lynn sharing sunday its foreman was swept up in the flood waters look at the power of the water. steel totally bent. >> one man in waverly narrating through a scene of destruction. >> another upside down vehicle. >> reporter: surreal and sorrowful with neighbors consoling one another. first responders comb through communities looking for more than two dozen people still missing. for many of the ground, the painful search is personal. >> it just went and got one of my best friends. he drowned in this. and it's -- sitting here thinking about that, yeah, it's tough, but we're going to move forward. >> reporter: with the shock of the flooding still setting in -- >> our whole block is history. houses, washed them down. i meant, this is no lie. >> reporter: residents in four counties that experienced catastrophic conditions are buoyed by the return of cell phone service which has led to more survivors and fewer people missing. >> we have had several calls this morning, people reporting in to us that they have found some of the people that we had on our l

. >> inspired by loretta lynn she began performing as a teenager and at the university of texas. >> folkscame in 1987, performing the julie gold song "from a distance." ♪ from a distance there is harmony ♪ >> the song, which appeared on her breakthrough album can the lo -- lone star state of mind later ernarned bette midler a grammy. >> griffith earned a grammy of her own for best contemporary folk album. ♪ from a distance ♪ >> according to npr griffith had previously survived two bouts of cancer. on friday, griffith's record label released a statement saying only it was nanci's wish that no further formal statement or press release happen for a week following her passing. ♪ news of her death rattled country music, with hootie and the blowfish front man, darius rucker, writing on twitter i lost one of my idols. one of the reasons i am in nashville, and singing with her was my favorite thing to do. nanci griffith spent five decades making music, releasing her final studio album in 2012. griffith was 68. ♪ it's the song ♪ >> when you hear those words from darius rucker, it is sort of that c

my wife and i loretta and i send our condolences to rich's wife, barb, their son and family. i understand that he was with his grandson when he was stricken this morning. as a grandfather, i will tell you it's a happy moment when you're with your grandkids and that's the way it should have been for rich. president trump's friends, his brothers -- president trumka's friends, his brothers, to all the families to which rich trumka devoted his life, we've lost a true champion. america is better for rich trumka having lived, fighting for those who worked to make americ a senator: madam president? the presiding officer: the senator from massachusetts is recognized. ms. warren: thank you, madam president. i am here to honor the memory of my friend and the friend of every working person in america. rich trumka. we lost rich this morning and all i keep thinking is the kind of man we've lost and what that means to all of us. rich was real. he was a third generation coal miner who rose to become the president of the united mine workers and the president of the american federation of lab

record-breaking rain sent floodwaters through middle tennessee 20 others are missing among those killed lorettanch foreman 17 inches of rain fell in humphreys county in less than 24 hours floodwaters destroying vehicles, homes and pools. portland police arresting a man for opening fire and what was supposed to be a summer of love dennis anderson facing multiple charges for the gunfire the arrest capping off chaos as proud boys and antifa fought in the streets. ainsley: the two sides hitting each other with fireworks, paintballs and bats of the van was flipped over more arrest may still come, the house returns to work but not all democrats are on board with president biden multitrillion dollar spending agenda house speaker nancy pelosi is pushing for a vote on the $3.5 trillion budget resolution but a group of moderate democrats won't even consider that until the house takes up the trillion dollar infrastructure bill that the senate passed. staff shortage two alabama chick-fil-a locations for closure dining rooms the restaurants in mcallen and madison announced they do not have enough employees

and millions of safety net hospitals in my district, hospitals like children's, loretta, mount sinai, region america, the new insight are all struggling just to keep their doors open because they serve this population big time, where the money isn't really sufficient. i understand that there are $24 billion unallocated in the provider relief fund. would you share with us, plans, while that money or plan help these institutions that really need it right now? >> as you remember, when i was there in congress, i worked really hard with you and others to make sure that many of the safety net hospitals that care for our poorest and our sickest, don't go under for trying to do the right thing. and with the provider relief fund, you would hope that when any dollar is dispensed, it's because that institution, that provider has proven it deserves to get support from the taxpayers. we're taking a close look at the provider relief fund, we want to make sure that we're transparent to do this and defunding for any accountable dollars that they receive, but without a doubt. we want to make sure that

this year i was looking forward to a visit by some of my grandkids to springfield where loretta and i have a week or two getting to know the kids again. we didn't get to see them much last year because of covid-19 and i was looking forward to the opportunity this year. but because we're in session, i was unable to. i hope maybe in a few days that changes. i think about those grandkids, all of my grandkids, six of them at this point, i'm proud to say, and what kind of world we're going to be leaving them. a new school year is right around the corner and along with all the normal supplies they'll be buying face masks. for a young child, this pandemic must be confusing and scary. as a parent, you want to be honest with them, but you want to reassure them that everything's going to be okay. that goes for all the challenges of our day. starting with climate change. this morning u.n. governmental panel on climate change introduced its first report in eight years. it's an alarm bell to the world warning that our climate is changing much faster than we anticipated. i'd like to read a couple o

my wife and i loretta and i send our condolences to rich's wife, barb, their son and family. i understand that he was with his grandson when he was stricken this morning. as a grandfather, i will tell you it's a happy moment when you're with your grandkids and that's the way it should have been for rich. president trump's friends, his brothers -- president trumka's friends, his brothers, to all the families to which rich trumka devoted his life, we've lost a true champion. america is better for rich trumka having lived, fighting for those who worked to make america a great nation. from mas recognized. ms

i remember saying to my wife, loretta, i just got all the national education act loans, they put them all together, i'm afraid to tell you what's happened. we have a debt of $8,000. for college and law school. students today don't believe that number, but that was the number. it scared us to death. that we wouldn't be able to pay it off in ten years. naturally, we did, and many others did as well. and the national defense education act really became the pillar of the emergence of higher education in america. of course, there were those who cheated the system and stories were rampant whether -- rampant. whether they were all true, i'm not sure. the story of the doctor who went into medical school, before he went into practice, he filed for bankruptcy and discharged all his federal student loans. i don't know if that ever happened, but it certainly was part of the urban legend around the national defense education act. and so over the years, there were efforts made to change the national defense education act to avoid abuse, and one of the things that was decided was that that loan to g