not only did they mess it, -- tom: the shell when moynahan took it over. with great respect i say this, the boston mafia came in and took it over. within that, is a recalibration. how is this restructuring different from what jamie dimon has orchestrated a jp morgan? >> is it so different? i don't think it is. it's kind of about time for these people to see more senior leadership decisions. the job is very interesting. bank of america was struggling to keep up with the top three when it comes to investment banking. you've seen them game a little bit of market share. they lost very significant people recently. jack mcdonnell moved over in the last couple of weeks. it was announced this week. this is a war for talent. you have people who have been at these banks that have been waiting to shine for the better part of a decade. lisa: how we talk about wages, entry-level wages for some associates come into these banks. it is middle-management that is getting squeezed. to we have a sense of how this bank is trying to reshape itself as big tech or compete with th

ceo brian moynahan is staying on and is basically taking the helm with new members so we will see how that shakes out and also if the market continues to react in this insignificant way going forward. alix: guy:guy: it feels like it's underway. thank you very much. let's turn to politics. president biden urging china to cooperate on key issues. the biden demonstration a little over what it perceives as a lack of seriousness. i understand. emily, give us the readout. what caused it? what resulted? >> this was a 90 minute call and it's only the second time that these two leaders have talked since biden has become president. it really follows a number of meetings between the u.s. and beijing officials that did not go the way washington wanted to see it. president biden saying he had heard from his own senior officials that the talks had not been as productive as they were hoping. they kind of had that high profile between secretary of state. it was pretty cordial between biden and the chinese president. this could potentially be a run-up to an in-person meeting between the two of them. t

moynahan and the people who saw this as a law and order crime issue but didn't do anything. the war on vietnam took all the money and that i think he had a different analysis. which is important. but he's not the only one. there were many people who saw things that way but he's elite as a political figure. to support the cultural developments and he's just one person. he's a force for pushing things in that direction and a pole in the other direction which the book documents in great detail. the direction that as you point out today are similar questions we had in this period. of course president kennedy is tragically assassinated and there's always a great what if. we don't have them being exposed to the post 1963 development. but part of what you're saying is kennedy is seeing things as early as 1961 and maybe a lot of other public figures are not quite seen yet. do you get the sense that bobby is different from john and his ability to see the problem or do they just not have enough evidence because kennedy is assassinated? >> he understood and met with him again. john f.

my relationship to optimism was best defined by my then boss, senator daniel patrick moynahan, who said heart. today, new jersey senator cory booker seems to be the senate's leading optimist. senator booker takes on the impossible and he always does it with that smile. this year's example of that is senator booker's long and winding road of negotiations with republican senator tim scott over police reform legislation in the aftermath of the murder of george floyd. he insisted that he and other republicans were really ready to write a bipartisan police reform bill. many observers said that would never happen. but cory booker is not an observer. he is an optimist. he went to work with senator scott. and long after anyone else would have given up, senator cory booker held on and kept negotiating as republicans kept moving further from an agreement. and today senator booker said his negotiation with senator scott has come to an end. here is what senator booker said in an exchange with reporters, near the senate florida, where cameras are not allowed. >> i had a quick conversation with tim s

and it's something because i did work with people like -- even as a teenager, working on senator moynahan's first race in 76. i've been preparing my entire, life elected office nearly 30 years of working in the private sector working as a lieutenant governor for nearly seven years i really been in a position where i was absorbing so much information, and i realize that i truly do have the ability to govern this state. and it was something that i did not know until i was in that chair. my first week in the job was days, the subway, the entire new york city subway shut down. i had to race to this city, find out what was wrong and get the trains running again. ten days after that, we had a hurricane, decimate parts of our city. particularly new york city, queens, we lost peoples lives because they were trapped in their own homes. and basements and they never should've been living in this subhuman conditions. in addition to that, i had to get the money out that i just spoke about, because there's people hurting in the state. and to make sure we continue to protect people and get more vaccines.

fighting the fed has been a losing proposition >>> we have some news from bank of america ceo brian moynahan new leaders including women. after this, the bank will have the most diverse management team with regards to gender and race than any inhistory a long list of changes these are people for the most part who have been with the company for a long time. they say after the changes, bank of america senior management team will include people with an average of 21 years of service in the company and 31 years of financial services industry. something to watch planning on being hear the rest of the decade. >>> when we come back, the first reaction from former fda commissioner dr. gottlieb to the president's new vaccine mandates ♪ ♪ ♪ ♪ i became a sofi member because i needed to consolidate my credit card debt. i needed just one simple way to pay it all off. it was an easy decision to apply with sofi loans, just based on the interest rate and how much i would be saving. there was only one that stood out and one that actually made sense and that was sofi personal loans. it felt so freeing. i felt