mr jerome a list of communication and spokesperson of the government i would like to express gratitude for giving me the opportunity to voice the government position. as this political unrest in no country in particular in the region of our nation is concerned goes to hurt my brother cameroonian who made a libelous slanderous. description of what the police right now by saying that the government has recruited foreigners to come and delivered. b.c. disrespect for all people. i would like you to know one thing. you have to believe in washington new york it's so few kilometers away from washington i advise you to go and visit their archives or be united. to understand exactly what hundred picking please come roun it in it but it isn't going to get religion is deliberate and get over to the nation by you do you not a good nation i think but you'd be united if you knew step that's why i want to get some clarity of what's happening right now i know that there is always a temptation with cameroon to go back because it's got a deep colonial history i'd like to keep us up to date for a moment

but speaking to senators, jerome powell downplayed risks of an emerging trade war. he argued there would be a positive outcome if mrworld with lower tariffs. astrazeneca will increase its stockpile of drugs by about 20% in preparation for a no deal brexit. the european regulator has told firms to be ready for a possible hard brexit in april 2019. astrazeneca says it's already spent more than $50 million preparing for a no deal brexit. and video streaming services like netflix and amazon prime now have more subscribers than traditional pay tv services here in the uk. the country's media regulator says tv services will need to adapt to compete, saying it would be great to see a british netflix. a quick look at financial markets so you have a sense of how we are progressing today. and we had an up bit close for wall street as well, so of course everybody was trying to digests whatjerome powell had to say, as already mentioned. we also had some stronger results, up the results from deutsche bank and bank of america. that was counterbalanced by balancing the netflix disappointment. i will see you soon. traffic on britai

fed chairman jerome powell has said he does not expect to face whuse pressure. he was mr.trump's choice for the jo more than 7,000 civilians in syria were evacuated from pro- government villages in the north. they'd been under rebel siege for three years. eeir release was in excha for militants held in government jail buses took the villagers to government-held territory in aleppo. it's one of the largest populationransfers in the seven-year-long conflict. meanwhile, in southwest syria, there's word that rels have agreed to leave the frontier along the israeli-occupied golan heights. back in this country, kathy kraninger faced questions today about whether she is qualified to lead the consumer financial protection bureau. she now works at the office of management and budget. democrats at her senate confirmation hearing, criticized her lack of experience in esnking and financial serv but kraninger said she has other qualifications.of >> 20 yearovernment service, working for common sense solutions across the aisle, working with members on both sides to support the best a out

jerome powell testifies before the house financial services committee. let's bring in bloomberg national economics and politics correspondent, michael mckee. mike, so mr. powell's prepared remarks identical to yesterday. the senate banking committee. anything new in the q&a session? >> not really. very broad ranging set of questions. the usual, where one party tries to get him to agree with their policies or not, so there were a lot of questions about trade. he stuck to the same answer that he gave yesterday to the senate, if we get into a prolonged trade dispute and tariffs go up, that's bad for the economy. open economies are better. they do better. they grow stronger. people make more money. but then he refused to take a position on whether we're in a trade war, it's not for me to determine. some talk about the fed and efforts to replace libor. he said that's coming along, still working on that. balance sheet, there's no plan at this point to change the rate of rolloff. and the fed is continuing with its stress test that they're going to fold them into regulation. there are a lot of things that you talked about, but nothing that's going to be a surp

mrs. annie bell gilmore rogers are all members of historic mount verne none baptist church, located in durham, north carolina, pastored by my friend, dr. jerome j. washington. these ladies will soon celebrate their birthdays surrounded by family and friends. they have committed much of their lives to the development of their family and community. they are devout christians of the missionary baptist faith who love their church. mrs. cora jones boots mccloud was born on august 8, 1918, in raleigh, north carolina, and attended rosenwall schools. she started her own business in durham has a professional beautician. she has spent all of her life encouraging her family and community to be independent and faithful in their pursuits. her leadership is reflected in the business community and at her beloved mount vernon baptist church, where she served as church usher. mrs. christine johnson umstead was born on august 16, 1918, in rocks borrow, north carolina, located in person county just north of durham. she came to durham as a food service professional. in retirement she has encouraged others to become active senior citizens by setting an example an

jerome powell delivering his report before the senate banking committee. we are joined by rachel evans, bloomberg etf reporter. the news yesterday and all today hadwhat mr. president trump to say about mueller on short-handed yesterday. rump: i think the probe is a disaster for our country. i think it's kept as a part. it's kept us separated. there was no collusion at all. i think we are doing really well with russia as of today. i thought we were doing horribly before today. horribly, dangerously. >> it was that dramatic today. pres. trump: it was dramatic today, but i think it was really bad five hours ago. i really think we had a potential problem. alix: he doubled down when he talked to sean hannity of fox. when does something like this become a market event? >> i think it is going to take a lot to make it a market event. we are still wrapped up in the political side of it. this plays well to his base. if you are a supporter of trump, you see him being attacked by mueller. when he says this is a wedge between us and russia and a witchhunt, that displays to his constituents. i am sure there was applause from the people who support him. , this ise mark

mr. schneider of pimco, he's not going to bang his shoe. futures down to 104. crude oil weaker as well. the new york times, jerome, with a concise article.going to do after 12 guys in tech see those in london set the short-term rate that everything is based off? ultimately, the structural change were trying to raise is focusing on how to get truth in short-term rates. how to get a hard indicator of short-term rates. we are making a good bit of progress in that regard. we is the regulators. there's a timeline of getting the supplemental rates which is known as the secured overnight funding rate. it's based upon actual observable trends mark -- transactions in the repo market. clear chronology laid out over time. with clear out of tatian framework. a market.o develop it's the replacement rate market that had futures as -- features -- as an example, to start trading. subsequent to that we had over-the-counter transactions. then you need adaptation from the market itself. tom: to actually use it. jerome: exactly. that will take a little bit of time. it's like your kids wanting to eat vegetables. they may not like them but they're pretty good