we will discuss with the ceo peter kern coming up in just a few short minutes. cnbc, raising questions about whether markets may have gone too far in interpreting hawkish comments yesterday from st. louis fed president, the senior economics reporter steve liesman has all of that for us steve? >> mike, hats off to you, you were on this idea yesterday, in the afternoon, but reporting by cnbc, finding several federal reserve officials privately and publicly pushing back to jim with super-sized rate hikes and instead suggesting the fed is going to embark on a more measured rate hike path and markets may have wrongly interpreted the remarks by bullard as maintained by other fed officials. they don't support outright or skeptical for the need of a a basis points rate hike in march which the market priced in after bullard's comments atlanta fed president telling cnbc yesterday, we reached out to him, after the inflation report, he said quote my views have not changed for three or four rate hikes this year, likely beginning with a 25 basis points hike. he didn't rule ou

i want to bring in expedia vice chair and ceo peter kern. o us about the trends you are seeing in terms of how and where people are spending their money as the world reopens. peter: great to be here, thanks for having me, emily. what we've seen over the holidays, obviously omicron was a big factor in december and through the holidays and into january. but the nice thing that we observed was it was fairly quick, it was not that deep of a hit, and consumers really seem to be less afraid of travel, and were just inconvenienced by the issues through omicron. we have seen a quite fast rebound. it is highly focused in the luxury areas -- excuse me, leisure areas. in the home rental business remains quite strong for us. many of the things that have been popular through covid remain -- corporate, international, big-city travel still liking, but we expect that to be the next set of things to come back as more borders open and people become more comfortable and it becomes more of an endemic stage where we believe people will travel fairly normally and

eastern we will have the ceo of expedia, peter kern, on the show.miss that. >>> well, turning to the latest on peloton, a virtual meeting yesterday meant to introduce incoming ceo barry mccarthy did not go as planned. it was halted after former and current employees outraged by layoffs took to commenting on a chat function touring the ming joining us now lauren thomas wh has just been breaking story after story around peloton as it's going through this tumultuous time. what exactly happened here and how were ex-employees on this meeting? >> yeah. thank you for having me. so, essentially, what happened is peloton did hold this all hands meeting yesterday. that was the day after they reported quarterfinal results and this is a typical thing for the company to do these meetings the day after those results come out. this event, obviously, you know, was more highly anticipated as others have been as peloton was introducing its new ceo barry mccarthy to the entire employee base now, i learned that there were some laid off employees that were able to gain

peter king. now that dramatically changed including laura kern lost the nassau county executive position even thoughictory. so he -- and now he is the one saying i'm going to give the people of nassau county a choice when it comes to masks in schools and things to that nature. that's another thing. jeff van drew was also somebody who switched parties. ran as a republican and won. but i thought the republicans made a huge mistake over the weekend. or making those comments on friday. trying to justify january 6th. and bringing up 2020 again. they spent all the weekends beating up on republicans on all the sunday shows even though there are so many ripe topics for republicans to go after. instead end up looking back at 2020 election. which i don't think anybody wants to review anymore. >> steve: nonetheless, the big news is joe manchin has endorsed the senator from the great state of alaska. >> brian: they are about to do something else bipartisan. that's electoral college reform. they are working on that bipartisan way it's going to get done. >> steve: mitch is behind that 7:17 in the east time now fo