hello, my name is angela, i am the assistant council with the national treasury employee's union. we are from the oaklands field office, and we represent 150 -- 150,000 employees with the federal government, nationally across 33 agencies and programs. we thank you all for having us here today. we think supervisor haney's office for inviting us because we know that you all have the forethought to even consider these issues. we are hoping it doesn't happen again, but we know it is possible. hourly employees, i will share some numbers that were prepared by our congressional office out of the d.c. office. and congressional district 12, congresswoman pelosi's district, there are 8,830 federal employees. and congresswoman's spiritus -- spears district, there are 7,724 federal employees. during the shutdown, some of our folks were still working without resolving a paycheck. some agencies were fully funded. but certain members who were working, most of them in the area we are in agencies such as the i.r.s., we have i.r.s. workers here today who will speak with you, customs and border prote

clearly the markets are concerned that the national treasury may have its fair share and there's thehat munis would downgrade south africa to a low investment-grade status. in south africa would be nked.rsally ju we think the national treasury is aware this is a redline they cannot cross. they cannot risk inviting the ire.ngs agencies' i think they will seek a solution rather than adopting the entire or partial debt stock. manus: good to see, thanks for coming in. i get the sense with south africa, we have politics at play in the central bank. these are the chess pieces. i get the sense we are very slick close to one step away from junk on a permanent basis with south africa. is it that tentative a position? goolam: the sort of damocles has certainly hung over south africa -- the sort of damocles has hung over south africa. i would be in concert with you with respect to that judgment. being one inch away from moody's, i would suggest moody's the other rating agencies have begun to look somewhat kindly on south africa, and there has been an enormous to reforms in the main that have be

it is supported by the national treasury employees union. national federation of employees, national accountability public profit. and make it safe coalition, the senior executives association and the national taxpayers' union. i would like to enter into the record letter of support and the coalition of other stakeholders. i thank the chair. i urge i would like my colleagu n supporting h.r. 1235, a stop gap measure to prevent serious measure from hardworking americans who expects the board to present serve. the speaker pro tempore: the gentleman reserves the balance of his time. and the gentleman from georgia is recognized. mr. hice: i rise today to speak on h.r. 1235, the m smp pb temporary term extension act. my colleagues on the other side of the aisle know that i am committed to ensuring the successful operation of the merit systems protection board known as mspb. last congress i introduced h.r. 6391, the re-authorization act of 2018. my bill would have re-authorized the board and made other vital reforms and the committee of oversight an

, the finance ahead of his presentation to lawmakers today did address reporters and say the national treasurys having very difficult conversations with credit ratings agencies. the prospect of the potential downgrade by moody's really seeming like it's on the cusp. we will have to see what the rating agencies say after the budget is delivered. right now, the market is not reacting in a way that is heavy with the current budget being delivered. alix: thank you. the story also playing out in the currency market. if you look at the month to date, the rand is the worst performing currency within the emerging market space, despite the fact that we've seen a lot of money flow into emerging equities. still with us, sebastian page of t. rowe price. when do you want to bottom fish something like the rand? >> interesting about emerging markets is over the recent years, the risk of contagion has gone down. the markets are more resilient in general. they are less linked to a common commodity tracker. there's less systemic risk. at the moment, there's a case to be made to be long emerging-market equities.

the state department, treasury, national security council. they didn't want the magnitsky act to be passed. thankfully, it did and we know it was a mistake to lobby against the magnitsky act. my question is aren't we making the same mistake now, when we do not sanction putin's state propaganda? thank you. >> when i was an assistant secretary of state, i very much wanted to sanction the propagandists but rod told me i couldn't. do you want to explain? i am sort of kidding. >> i will take the opening. i think we can all agree about the nature of russia's state propaganda and its terrible effects, both in russia and elsewhere. the bottom line is we look at the magnitsky act. they simply don't apply to sanctioning propagandists. we go back and look at what sorts of crimes are covered, and there was early discussion that it looks like the trump administration is applying the definitions a little bit more broadly than the obama administration did. but essentially the covered crimes boiled down to murder, torture, forced disappearance, rape, and the

watching huawei -- and charge with that is espionage, and there is not a national security response. we're watching this treasurytary, and trade representative meeting with xi to talk about trade while the islands of the south china sea are very much at the focus of a power conflict between the two nations. yeah. >> it is really wrong for treasury secretary mnuchin to go to beijing to plead with xi jinping that's not the way that we should be doing this. we should be hitting them hard. hitting hem often so he doesn't get back up. that's the way you deal with criminals. >> uh-huh well these are criminal are and they are not -- they are biggest organizeed criminal in the world stealing hundreds of billions from this country for decades without consequence or response. >> yeah. we call it a trade war but really what this is an attempt to prevent chinese from each year stealing hundreds of billions of dollars and under xi jinping they become much worse in fair trade obligations to united states and to international community. >> yeah. i still think that -- the vice president -- , of course, if the president instruct

. >>> numbers of the treasury department say the national debt is at the all-time high comet $22 trillion. that is up to $20 si president trump took office. the tax cut is partly to blame along with the increase in spending on domestic and military progress >> experts say the rising debt should concern every day americans because over time, it can cause interest rates to go up more. as a kennett, president trump wanted to eliminate the national debt in eight years. >>> we are learning how the board of supervisors walls bend a budget when fall of $185 million per the plan to spent most of it on homeless services and remaining on education. >> the bulk of it goes to homelessness and housing. there is money for salaries for early childhood educators as well as educators at the unified school district. >> the vote still has to be finalized and then signed by the mayor. the money came from taxes which has gone up 22% a portion of the taxes are allocated for education. enrollment has been down slightly which is why there is a surplus. >>> we will tell you white neighbors are outraged and a man

he lied to banks, the treasury department, the department of justice, the national security division, the fbi, the special counsel's office, the grand jury, his own legal counsel, members of congress, and members of the executive branch. i just -- you needed to see that because that is a whole lot of lying, and for what? why is he lying so much? it could land the man who once ran the trump campaign in prison for the rest of his life. that's as trump's former lawyer and keeper of secrets, michael cohen, set to answer questions tomorrow from the senate intel committee. he's going to do it behind closed doors. but that is the beginning of cohen's three-day marathon on capitol hill. so just imagine, right? the split screen, there you go on the television on wednesday. the day cohen is set to testify in the house under oath, live on tv, as the president meets with north korean dictator kim jong-un in vietnam. the question is will there be any real progress to end that nuclear threat from pyongyang? >> i think we'll have a very tremendous summit. we want denuclearization, and i think he'll

on monday steven mnuchin, the treasury secretary, and john bolton, president trump's national securityt nicolas maduro and what's left of his government. the administration, along with many latin american government, the e.u. and canada, has already withdrawn its official recognition of ma maduro's

civilian court, what they are charged with is espyion espionage there is not a national security response. and watching treasurytary and trade representative meeting with xi, to talk about trade while the islands in south china sea are for much at focus of a power conflict between the two nation. >> it is wrong for mnuchin to go to chain plead with xi jinping, that is not the way we should to it, we should hit him hard, often, so he does not get back up, that is how you deal with criminals. lou: they are criminals, they are the biggest organized criminal enterprise in the world or history of the world, they have been stealing billions from this country for decades. wrought consequence or response. >> we call it a trade war, but really this is an attempt to prevent chinese from each year stealing hundreds of billions. under xi jinping they are worse in their trade violations and obligation to u.s., and on international community. lou: i still think that the vice president, of course, at president's instructtion giving a speech, talking about chinese, wall street officials dealing with chinese at the beck and cal

speaking of that, theeb word was in the news, first the treasury department sa our nation's federal debt level surpassed $22 trillion for t the firste and then the federal reserve bank of new york reported that more than 7n mill americans are behind on their car payments by at least 90 days. finally, a new s vey from bank rate.com found that roughly a third of americans have o in savings. joining us now to talk about the implications of all of this for the economy, joe bruce willis is back with us. he's chief economist from rsm. welcome back. >> thank you. >> do any of the numbers make your palms wesweat? >> , the fact that we have got people falling more than 90 days behind on their loans for auto loa does cause some concern. i'm not too worried about the natial debt. ght now that's not a problem. nor should it be our concn. >> but longer term is it going to be an issue for the u.s. espe tally given interest rate environment that we find ourselves in? >> all right, so if we continue in this low interest rate environment it's not going to be concern. we have learned a lot about debt and

rosneft could try to force an auction in the courts that has already been called a national security issue by treasury secretary steven mnuchin. three options, three outcomes and a very unusual situation for one of america's largest gasoline refiners. >> now, if that wasn't complicated enough, there's actually another big angle to the story. there's a canadian hedge fund, they want a $1.4 billion claim against venezuela. it has to do with a gold mine, a decade-old case, and basically, without getting too quickly into it, they said, listen, we think the lien still stands. we don't care what happens with the government of venezuela. our case is still open in the courts if they don't get paid, they could call to an option to citgo. and citgo could file for bankruptcy in the next couple of days >> how many workers in citgo >> a few thousand. and at their headquarters in houston. >> we'll continue to follow that i want to talk as well about bill gross he has announced again this morning that he is retiring. this ends a four-decade career he started, of course, and came to fame and was named fund manager of

he lied to banks, the treasury department, the department of justice, the national security division,bi, the special counsel's office, the grand jury, his own legal counsel, members of congress, and members of the executive branch. i just -- you needed to see that because that is whole lot of lying and for what? why is he lying so much? it could land the man who once ran the trump campaign in prison for the rest of his life. that's as trump pf's former law and keeper of secrets michael cohen set to enter questions tomorrow from the senate intel committee and going to do it behind closed doors. but that is the beginning of cohen's three-day marathon on capitol hill. so just imagine, right, the split screen. there you go on the television on wednesday. the day cohen is set to testify in the house under oath live on tv. the question is will there be quest to end that nuclear threat from pyeongyang? >> we want denuclearization and i think we'll have a country that will set a record for speed in terms of an economy. >> so let's not forget, okay, the president seems to see kim jong-un throu

on monday steven mnuchin, the treasury secretary, and john bolton, president trump's national security, announced new sanctions against nicolas maduro and what's left of his government. the administration, along with many latin american government, the e.u. and canada, has already withdrawn its official recognition of ma maduro's presidency and conferred instead the title on juan guaido, the head of the national assembly. perhaps more intriguing was what was left very visibly unsaid. while mr. mnuchin announced the new economic measures, mr. bolton stood beside him ostentatiously carrying a legal note pad on which was written the words 5,000 troops to colombia. now, that country borders venezuela. the white house declined to comment but said all options are on the table. is the u.s. really going to deploy forces to help remove mr. maduro? what other channels are available to president trump? and why would the u.s. be taking action against a country that, as bad a state as it's in, hardly seems to pose much of a threat even as the u.s. mill -- military to end in afghanistan and syria? f

let's hope these talks go better than it appears they might with the secretary treasury talking gibberish when it comes to nationalurity because that's what all of this is about this security of this nation. thanks so much jordan. tnches thanks lou. still ahead here the meltdown from the left wing national media bless their darling hearts. president trump called intelligence chiefs passive and naive. president trump intelligence chiefs are worlds apart on isis russia and border. >> it is really either woefully naive or i guess arrogant that you're going to stick request your gut feeling. like these intelligence leaders were describing a different planet than one what donald trump inhabited. not different taking of the facts if you were but ignorance willful ignorance. not agreeing will willful with regard of the fact. this is dangerous isn't it? >> incredibly dangerous. a dangerous thing. >> everything but cluck for crying out loud. we'll take that up with congressman matt gaetz here tonight up next howard schultz he disputes president trump's economic wins. how's he doing in his quest for the presidency? we'll ta

as the national secretary of treasury of the american federation of government employees, i know toopecially our federal employees, are currently facing difficulties that could be avoided. i received an e-mail after my interview, that said you should be ashamed, laying the blame on our president. i said, look, the president took ownership for this shutdown. and so should you. i'm here to tell you, my brothers and sisters, that i believe this work that we do is god's work. i believe it because i remember the question was asked, so if we didn't see you hungry and did not feed you, we never have seen you naked and did not clothe you, he said listen, the greatest teacher of all said this, he said if you did it to the least of these my brethren, you've done it under me, so i believe this to be god's work, and i am here to tell you today, as long as breath is in my body, i will fight this fight. i believe that god is still looking for a people that will go and tell pharoah to let my people go. i submit to us today, that we all are a part of this movement, and we must tell pharoah to let my

how public employees unions are reading treasuries and bankrupting the nation. the 2005 recipient of the and receivedaward his bachelor degree from george washington university. he was in office from 2000 seven to 2014. a member of city council from 2000 to 2006. and before being elected to the 10th largest city in the country, he was a lawyer in private practice at san jose. the newecognized by york times, wall street journal, conferencepost, u.s. of mayors, and national league of cities. i will turn time to each of the panels. to discuss aspects of the case and implications of it, we will field some questions. what i would like to do is give a very brief history of janis and what the court held. what we would like to focus on is what is going to happen in the future. you can't really talk about the future until there is a basic understanding of the past. was a unionissued shop or agency shop agreement. it requires all employees having to pay dues to a union as a condition of their employment. >>'s supreme court held that these union shop provisions in the priv

on monday steven mnuchin, the treasury secretary, and john bolton, president trump's national securitywithdrawn its official recognition of ma maduro's

arrangement dating back more than seventy years france's central bank controls the treasury of all fourteen countries leaving these nations with a limited supply of liquidity. this hearing sees a certain level of stability to the currency allowing i went jogging to shop at her favorite friend's supermarket because french companies profit from this arrangement it allows them easy access to a growing market of over one hundred million people but there's also growing resentment towards this currency not just here in senegal but throughout francophone west africa france get out the graffiti found in various avenues of the capital is behind the messaging. pool and want to common currency but for wished african countries only with out fraunces involvement we have our own currency like morocco and algeria they are doing much better than us. france is so far yet so close while money travels more freely than people europe continues to attract young african men for john's family the journey is worth the risk. one area which desperately needs a venezuela's crumbling public health system in the coastal city of barcelona fourteen chil

arrangement dating back more than seventy years france's central bank controls the treasury of all fourteen countries leaving these nations with a limited supply of liquidity. this here and he's a certain level of stability to the currency allowing i went jogging to shop at her favorite friend's supermarket because french companies profit from this arrangement it allows them easy access to a growing market of over one hundred million people but there's also growing resentment towards this currency not just here in senegal but throughout francophone west africa france get out the graffiti found in various avenues of the capital sana'a is behind the messaging. who'll want to common currency but for wisht african countries only with out fraunces involvement we have our own currency like morocco and algeria they are doing much better than us. france is so far yet so close well money travels more freely than people europe continues to track young african men for john's family the journey is worth the risk. so head on the news out of. the berlin film festival rolls out the red carpet for the trailblazing women of cinema. and sp

of conviction and relevant conduct extended to tax preparers, bookkeepers, banks, treasury, department of justice, national security division, the fbi, the special counsel's office, the grand jury, his own legal counsel, members of congress, and members of the executive branch of the united states government. well, with us to talk about it, chris mcguerrin, reporter for the "l.a. times" who covers the special counsel investigation and we have prevailed upon veteran federal prosecutor berit berger to stick around with us for just a few more minutes. counselor, i would like to begin with you. what should our takeaway be from this document, not counting the black lines of redaction, 800 pages in all, give or take? >> the special counsel's office wasn't holding anything back in this sentencing memo. there was no sort of measured language about well, he did come in and tried to help. they really put it all out there. this was about as strident of a sentencing memo as you'll get in this kind of case. they talk about crimes that he committed that led up to this, the ways he tried to then tamper with witnesses to