this afternoon, we have the deputy secretary of defense, the honorable patrick shanahan.rior toy a assuming his current role he worked for three decades in the aerospace industry in commercial aircraft operations. as deputy secretary of defense, he supports secretary mattis's priority of improving readiness through increased lethality, expanding and strengthening alliances and partnerships as well as reforming how the defense department does business. he is an engineer with advanced degree from mit. prior to dod, shanahan worked for boeing company for some 30 years. while he worked mostly on commercial airliners he also supervised ellen pollikowski's and my favorite science project the airborne laser. he wrote the recent dod report on space and he is known around the pentagon to have a corporate leadership mentality to include coming in early, staying laid, and doing whatever is necessary to get the job done. secretary shanahan gets his work ethics from his father who served in the army in vietnam. his father then went on to serve in law enforcement for two decades. secre

the deputy defense secretary, patrick shanahan, thank you. >> thank you >>> thanks very much to you.its best gains in two months si is it time to bet on the banks again? that's coming up next. at&t provides edge-to-edge intelligence, covering virtually every part of your healthcare business. so that if she has a heart problem & the staff needs to know, they will & they'll drop everything can you take a look at her vitals? & share the data with other specialists yeah, i'm looking at them now. & they'll drop everything hey. & take care of this baby yeah, that procedure seems right. & that one too. at&t provides edge to edge intelligence. it can do so much for your business, the list goes on and on. that's the power of &. & when your patient's tests come back... >>> welcome back to power lunch. it's time for trading nation the big banks rallying hard today. the ten year yield jumps to its highest level since may. citigroup, j.p. morgan, morgan stanley, goldman sachs with big moves, 3%, 3.5% basically all day. we're going to talk about this move and what might come next. this sector has

concrete action that is clear and the department has said this is the first death in this regard patrick shanahan really threaded the needle nicely. we never should've got rid of unified space command in the first place it was a. where we made a mistake. so that makes total sense know having a space development agency where i am willing to say let's try that. i am from the missouri school of thought. show me. but if pushes out that capability it is not 18 courthouse. but to focus on applications and capabilities i think that the good idea and how those forces pulled because it is about culture upon all those that control assets in space and the allied forces space can along reconsidered action we must promote war fighting perspective have to assume your attack with all sorts of things if anybody who has gone out to the national space defense center, it is unbelievable how far we have for couple. the leadership of the department getting after space and whether or not we get to specialties might be the right in the department of proctors -- that is a crock of smelly stuff. [laughter] >> thank you.

eastern deputy defense secretary patrick shanahan will address the gathering and that will be live herepitol hill the senate judiciary committee has postponed a vote scheduled for thursday at brett kavanaugh is confirmation to use supreme court. committee chair chuck grassley has invited the woman who accuses brett kavanaugh of sexual assaulting her christine ford, , to testify before the committee at 10 a.m. eastern on monday for chairman grassley is also invited the nominee to tesla to respond to the allegations. christine ford has said that she wants the fbi to investigate the allegations before she testifies. if that hearing goes forward as planned on monday at 10 a.m. eastern, it will be live on c-span. president trump have remarks for reporters as he prepared to board marine one in washington, d.c. the president was on his way to the carolinas to her storm damage from hurricane florence. [inaudible] >> we're going to north carolina. carolina. we would then be heading to south carolina. we are doing very well there but the rivers are

this afternoon we have the deputy secretary of defense, patrick shanahan. he worked for three decades in the aerospace industry in commercial aircraft operations. as deputy secretary of defense, he supports secretary mattis's strengthening of alliances and partnerships as well as reforming how the department does business. he's an engineer with advanced degrees from mit, prior to joining the dod, secretary shanahan worked for the boeing company. while he worked mostly on commercial airliners, he supervised ellen pollock and my favorite project, the airborne laser. secretary shanahan wrote the recent dod report on space. as he is known around the pentagon to have corporate leadership to include coming in early, staying late and doing whatever is necessary to the job done. secretary shanahan gets his ethics from his father who served in the army and vietnam. his father went on to serve in law enforcement for two decades. secretary shanahan views this job as his opportunity to give back to his country. without further introduction join me in welcoming the 33rd

deputy secretary patrick shanahan will be sitting down with me on "power lunch" to talk about militarydiness, geopolitical risks and then jeff bezos in closing bell in a fire side chat we'll be tuning in to that as well. >> that's going to be huge as the race heats up. >> definitely taking a more high-profile stance. >> i wonder who he will send around which interplantory body. >> probably a few people he would like to send into space. and probably less regulatory trouble for him there. >> brian is filling in on "the half." >>> thanks, guys welcome to "the halftime report." i am brian sullivan in for scott today. your top trade this hour, u.s. stocks, what else. they are closing at new highs once again the s&p 500 outperforming every major global market this year. will the u.s. continue to fade it is noon and this is "the halftime report. >>> it's the rally that won't quit stocks are closing in on a new high is there anything that can stop this bull market three bullish calls on three tech stocks. what the street says lies ahead for

and in this regard, i think deputy secretary of defense shanahan, patrick shanahan really threaded the needle quite nicely. we should have never gotten rid of the unified command in the first place. and we did in a time when competition wasn't a problem and we made a mistake. getting back to unified space command makes total sense and that war fighter focus, as bob said, on space. having a space development agency, that's one of these things, okay, i'm willing to say, let's try that. i'm from, you know, i'm from the missouri school of thought, show me. but if it has the culture and innovation and really pushes out capabilities fast, and does not become a tinker house for space, but really focuses on applications and capabilities on orbit to provide the war fighters, i think that's a really good idea. and having the space operations force is critical because if really is about culture here. we want to instill upon all those who control assets in space and support the joint and allied forces, that space no longer can be considered a function. it is a war fighting mission. you must approa

to do so, the departments have said this is the first step, and deputy secretary of defense, patrick shanahan, threaded the needle quite nicely. we never should've gotten rid of the unified space command in the first place, we did it in a. that great power competition was considered a problem. we made mistakes. , making total sense, the war fighter focus, on space. >>> having a space develop an agency, one of these things where i'm willing to say let's try that, i am from the missouri school of thought, show me, but if it has a cultural innovation, and really pushes out the capabilities fast. it does not become a thinker house for space, providing war fighters. we want to instill upon all of those, who control the assets in space, supporting the joint one. being considered a function, a war fighting mission. we have to really get after it. let me tell you, anybody who has gone out to the national space defense center. man, it is unbelievable how far we've come in a couple of years, all of the leadership in the departments, really getting after space, and whether or not we get to a separate sp

as a potential sixth branch of the military just last hour we spoke to the defense secretary patrick shanahanmportance of space not only to the military and the broad u.s. economy and nearer term you've got the air force fielding a number of potential contracts right now, including a next generation rocket which i think blue origin would love to have its name in the ringor >> a fascinating topic, and let's listen in. >> thank you i'm really delighted to be here. >> so, i have a wife that spends a lot of money [ laughter ] and i live in the d.c. area, and i could be looking for a job soon so any announcements you want to make about your headquarters >> thank you, larry. we'll make a decision before the end of the year. that's all i can say on that topic. excited to have that topic, and i hope your wife is spending some that have money on amazon. >> absolutely, absolutely. >> good. >> one of the reasons we're happy to have you is you're right in the wheelhouse of everything that's been going on here the last few days, especially as we talk about inowe varks and i think if anyone epitomizes inno

kyle shanahan knows that kansas city offense is going to open up the field... patrickgue leading 10-touchdown passes through 2 weeks.. the 2nd year qb running a top 10 attack that spreads the field...with some speedy receivers...and averages 40-points a game. <>" when you mess up something and they've got a big arm quarterback and they've got speed all over and they've got good players there, they'll score fast. you get a guy out of position it's not usually an explosive, it's a touchdown. if they get a bunch of easy touchdowns and stuff like i think they have a little bit, the score is going to be what you guys have seen. you've got to make those guys earn it. you've got to make them work. you can't give them freebies." é just remember kron4 is your home for everything 49ers and raiders. we got you covered at 9pm every saturday during the football season... kim smith with your niners coverage on the red and gold zone... jason dumas and myself will be talking raiders on the sword and shield zone. it all gets going at 9 saturday night on kron4 coming up o

kyle shanahan knows that k-c offense is going to open up the field... patrick...a league leading 10-touchdown passes through 2 weeks.. the 2nd year qb running a top 10 attack that spreads the field...and averages 40-points a game. <>" when you mess up something and they've got a big arm quarterback and they've got speed all over and they've got good players there, they'll score fast. you get a guy out of position it's not usually an explosive, it's a touchdown. if they get a bunch of easy touchdowns and stuff like i think they have a little bit, the score is going to be what you guys have seen. you've got to make those guys earn it. you've got to make them work. you can't give them freebies." meanwhile the raiders left this afternoon for south beach... a sunday morning showdown with the 2-and-0 dolphins. miami...with a solid attack that uses big receivers on the outside like kenny stills and albert wilson.. and pounds the ball with kenyon drake and former 49er great frank gore. nonetheless, the raiders know what issues they have to fix... stoppin

kyle shanahan knows that k-c offense is going to open up the field... patricking 10-touchdown passes through 2 weeks.. the 2nd year qb running a top 10 attack that spreads the field...and averages 40-points a game. " when you mess up something and they've got a big arm quarterback and they've got speed all over and they've got good players there, they'll score fast. you get a guy out of position it's not usually an explosive, it's a touchdown. if they get a bunch of easy touchdowns and stuff like i think they have a little bit, the score is going to be what you guys have seen. you've got to make those guys earn it. you've got to make them work. you can't give them freebies." meanwhile the raiders left this afternoon for south beach... a sunday morning showdown with the 2-and-0 dolphins. miami...with a solid attack that uses big receivers on the outside like kenny stills and albert wilson.. and pounds the ball with kenyon drake and former 49er great frank gore. nonetheless, the raiders know what have to fix... stopping to come out flat in the 2nd half as they've

kyle shanahan knows that kansas city offense is going to open up the field... patrickgue leading 10-touchdown passes through 2 weeks.. the 2nd year qb running a top 10 attack that spreads the field...with some speedy receivers...and averages 40- points a game. <>" when you mess up something and they've got a big arm quarterback and they've got speed all over and they've got good players there, they'll score fast. you get a guy out of position it's not usually an explosive, it's a touchdown. if they get a bunch of easy touchdowns and stuff like i think they have a little bit, the score is going to be what you guys have seen. you've got to make those guys earn it. you've got to make them work. you can't give them freebies." meanwhile the raiders left this afternoon for south beach... a sunday morning showdown with the 2-and-0 dolphins. miami...with a solid attack that uses big receivers on the outside like kenny stills and albert wilson.. and pounds the ball with kenyon drake and former 49er great frank gore. nonetheless, the raiders fix... stopping their

kyle shanahan knows that kansas city offense is going to open up the field... patrick leading 10-touchdown passes through 2 weeks.. the 2nd year qb running a top 10 attack that spreads the field...with some speedy receivers...and averages 40-points a game. <>"they have the basic stuff they've been doing for a long time, which is their normal drop-back game and stuff. over these last four years or so, they've really added an element of the misdirection and stuff. it's been an issue, not just because of the plays, but the people with the the speed at every angle to run those things and really put bind because if you hesitate with a 4.3 receiver, and they have three of them, that is a huge issue. if you just play all the 4.3 receivers all day, they've got a pretty good back and a sherman-49ers cornerback>"this is andy reid's offense. anytime, even when alex was there, he does a great job of scheming people up and getting people open and a lot of misdirection. you gotta be prepared for all of it." meanwhile the raiders left this afternoon for south beach...