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Jan 14, 2025
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is scott bessent at the epicenter of this?to his confirmation hearing on thursday. those potential reasoning behind a gradual tariff approach could be twofold. to tamp down a concerns about any potential inflationary impacts and serve as a negotiating leverage. in washington, we have the canadian ambassador kirsten hellman on balance of power who said they are actively looking for ways to get to that negotiating table. that is nothing -- that nothing would be off the table except the acquisition of canada. on the second point about any potential inflationary impacts, i caught up with a republican strategist who told me this is going to be way more palatable for congressional republicans who will be questioning scott bessent later this week and have already expressed concerns about tariffs and about rhetoric about any spike in prices and with that could mean to republicans as they try to hold on to their slim majority in congress . in the midterms, they would like to see unified government for the total of four years under trum
is scott bessent at the epicenter of this?to his confirmation hearing on thursday. those potential reasoning behind a gradual tariff approach could be twofold. to tamp down a concerns about any potential inflationary impacts and serve as a negotiating leverage. in washington, we have the canadian ambassador kirsten hellman on balance of power who said they are actively looking for ways to get to that negotiating table. that is nothing -- that nothing would be off the table except the...
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Jan 10, 2025
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reihan: everyone, please join me in thanking scott bessent. [applause] >> american history tv saturdays on c-span2, exploring the people and events that tell the american story. a 7:00 a.m. eastern in the lead up to inauguration day, american history tv looks back at famous inaugural speeches. speeches by jimmy carter in 1977, ronald reagan in 1981, george h w 89. on lectures in history, hillsdale college professor on civic fate and how american nationalism incorporated religious elements and symbolism during the cold war. at 9:00 p.m. eastern on the presidency, the book "the mysteriousness is next in -- mysterious mrs. nixon." exploring the american story, watch american history tv saturdays on c-span2 and find a full schedule in your program guide or watch online anytime at c-span.org/history. >> sharon mcmahon, host of here is where it gets interesting podcast and author of the small and the mighty is our guest sunday night on c-span's q and a profiling lesser-known americans who changed the course of american history. including retail pion
reihan: everyone, please join me in thanking scott bessent. [applause] >> american history tv saturdays on c-span2, exploring the people and events that tell the american story. a 7:00 a.m. eastern in the lead up to inauguration day, american history tv looks back at famous inaugural speeches. speeches by jimmy carter in 1977, ronald reagan in 1981, george h w 89. on lectures in history, hillsdale college professor on civic fate and how american nationalism incorporated religious elements...
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Jan 14, 2025
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now, scott bessent, he could soon be managing the trump economy. >> and that obviously creates at least the potential for conflicts of interest because scott bessent he has a complex web of investments, financial disclosure forms show that he has amassed a fortune worth at least $500 million over the last four decades. now, ahead of that confirmation hearing, he has released this ethics agreement that's designed to try to avoid any actual or >> bounded now, best and really made his name in the early 90s with under george soros, famously helping soros break the bank of england by successfully betting against the british pound. >> it was a very lucrative trade. now, bessant is on the verge of becoming the top u.s. economic official. he would basically be quarterbacking the trump economy. no small task, given how laser focused the president elect is on the economy. and this is a very important job. it would include managing the financial markets right, trying to address any market stress before it spreads, of course, guiding the economic agenda and also defuzing the ticking time bomb that
now, scott bessent, he could soon be managing the trump economy. >> and that obviously creates at least the potential for conflicts of interest because scott bessent he has a complex web of investments, financial disclosure forms show that he has amassed a fortune worth at least $500 million over the last four decades. now, ahead of that confirmation hearing, he has released this ethics agreement that's designed to try to avoid any actual or >> bounded now, best and really made his...
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Jan 15, 2025
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larry: you know, just more generally now, we'll have scott bessent tomorrow and we had russell, the directortion and very good guy. it's like democrats aren't talking about issues or policies. they're going after personalities for the most part. for the most part. just like with pam bondi and going to have retribution and those poor people on j and have have to worry about them or why not hammer away on kash patel, which in the last segment somebody told me i think somebody, mike davis told me that kash patel actually got an award during the obama administration. in other words, instead of talking about america's future growth, proper law and order, neutral justice department, let's get energy prices down, democrats just missed all these points, jim jordan. that's what's so incredible to me. >> they're the party of the crazy policies and sara huckabee sanders and said the biden america is crazy and been a great example yesterday and bill yesterday saying men should feet against men and women against women. go figure and only two democrats voted for that legislation because because they're no
larry: you know, just more generally now, we'll have scott bessent tomorrow and we had russell, the directortion and very good guy. it's like democrats aren't talking about issues or policies. they're going after personalities for the most part. for the most part. just like with pam bondi and going to have retribution and those poor people on j and have have to worry about them or why not hammer away on kash patel, which in the last segment somebody told me i think somebody, mike davis told me...
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cutting and we also need to think about what will tame the bond vigilante and going to be 3-3-3 scott bessenti think we're going above 5% on the 10 year and the problem with that is going up 22% and rise in stocks and probably looking at 5 or 6 or 7% in some type of the future for stocks, if you can get that risk free with a 10 year, then that takes a lot of money out of the stock market. you can go into bonds without the volatility that you're getting from the stock market. so that means that you have another alternative in stocks that would be dangerous. larry: what mr. trump wants is a blue collar boom. he doesn't want the bond market to get in the way. he doesn't want jay powell to get in the way. he doesn't want chuck schumer to get in the way. and he wants to hit the ground running, start going after big reconciliation bill that would cut taxes, open up the fossil fuel spigots and close down the border. he wants a blue collar boom and wants to say to his new coalition of working folks, whatever color, say i am keeping my propses. i'm just saying right now -- promises and right now the f
cutting and we also need to think about what will tame the bond vigilante and going to be 3-3-3 scott bessenti think we're going above 5% on the 10 year and the problem with that is going up 22% and rise in stocks and probably looking at 5 or 6 or 7% in some type of the future for stocks, if you can get that risk free with a 10 year, then that takes a lot of money out of the stock market. you can go into bonds without the volatility that you're getting from the stock market. so that means that...
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Jan 9, 2025
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president elect trump has tapped hedge fund executive scott bessent to take over the treasury. meanwhile, the dow jones rebounded today, rising by aut 106 points. the nasdaq fell by ten. the s&p managed to gain about nine despe that gain. it looked like all three were headed towards a weekly loss for the second week in a row. okay, wicked continues to earn accolades. the latest news the cast learned they are headed back to the red carpet. the screen actor awards, or sag, shared its nominations today. the film landed five nominations. that includes one for best ensemble and individual nods for lead actors cynthia erivo, ariana grande and jonathan bailey. it's a big deal, given that the sag awards are often a good indicator of who will receive oscar nominations. we shall see. all right. don't forget you can watch our newscast 24/7 on pluto and other streaming platforms. janelle joins me now with what's coming up at 530. jessica and kyra, right now at 530, we continue our breaking news coverage of the devastating wildfires in southern california. we're going to take you live to th
president elect trump has tapped hedge fund executive scott bessent to take over the treasury. meanwhile, the dow jones rebounded today, rising by aut 106 points. the nasdaq fell by ten. the s&p managed to gain about nine despe that gain. it looked like all three were headed towards a weekly loss for the second week in a row. okay, wicked continues to earn accolades. the latest news the cast learned they are headed back to the red carpet. the screen actor awards, or sag, shared its...
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kristi noem, pam bondi, marco rubio, scott bessent will also face senators questions as they look to be confirmed this week as well. while washington is prepping for the new administration. fear is growing about president elect trump's potential policies here in the bay area. one of the incoming president's biggest campaign promises was a plan for mass deportations, possibly on day one. tonight, false rumors of ice raids have triggered real panic in many communities. here's nbc bay area's damian trujillo with the details. story and king roads here in san jose has been at the center of false ice sightings, and it's left a lot of fear in this community. the tropicana shoppg center is the heartbeat of the san jose immigrant community, but last week it was also the target for many false claims that immigration agents known as ice were conducting raids. i c c i-10 maher estan preocupados america. lopez says the entire community is scared. the la times reports that last week, ice agents did make arrests in kern county, which led to protests over the weekend in several california cities. th
kristi noem, pam bondi, marco rubio, scott bessent will also face senators questions as they look to be confirmed this week as well. while washington is prepping for the new administration. fear is growing about president elect trump's potential policies here in the bay area. one of the incoming president's biggest campaign promises was a plan for mass deportations, possibly on day one. tonight, false rumors of ice raids have triggered real panic in many communities. here's nbc bay area's...
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smooth confirmations are expected for marco rubio, pam bondi, and scott bessent, but there's embattledtagon pick pete hegseth, the hearing could be make or break tomorrow. >> he can expect it to be tough but respectful, candid but fair. >> reporter: the former fox news host and decorated combat veteran is likely to be pressed about allegations of sexual assault and excessive drinking, allegations he denies. if all democrats vote against him, he can only afford three republican defections. what are you hoping to hear from him? >> he has a lot of questions that need to be answered. >> reporter: the vice president-elect is detailing an inauguration day blitz of executive orders on immigration. >> dozens coming from the trump administration, from us on day one that send a message to customs and border patrol, you're allowed to do your job again. and to illegal immigrants all over the world, you're not welcome into this country illegally. >> reporter: for potential january 6th pardons, vance said those who protested nonviolently should be pardoned and those who committed violence should not
smooth confirmations are expected for marco rubio, pam bondi, and scott bessent, but there's embattledtagon pick pete hegseth, the hearing could be make or break tomorrow. >> he can expect it to be tough but respectful, candid but fair. >> reporter: the former fox news host and decorated combat veteran is likely to be pressed about allegations of sexual assault and excessive drinking, allegations he denies. if all democrats vote against him, he can only afford three republican...
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Jan 15, 2025
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treasury secretary nominees scott bessent will appear on thursday.n flitton. any reason to believe some of the nominations might be in trouble? jen: i think what we saw yesterday is that a lot depends on the hearings. objectively, pete hegseth did a good job and it's now taking him on the path to confirmation. i think he will skate through the committee approval. he will be on the floor probably sometime next week. the other more controversial pix like tulsi gabbard or robert f. kennedy, jr., the hearings are going to matter. if they have some of the same showing as pete hegseth did, they are well on their way to confirmation. dani: if the going up for the hearing, the trump campaign lawyer think they have the votes for these individuals like tulsa gabbert and rfk junior. -- tulsi gabbert. jennifer: one thing that's a through line with all these nominees is their strong ability to communicate. i think you will see that with tulsi gabbard and robert f. kennedy, jr., with patel for the fbi director. if they have strong showings at their hearings and i
treasury secretary nominees scott bessent will appear on thursday.n flitton. any reason to believe some of the nominations might be in trouble? jen: i think what we saw yesterday is that a lot depends on the hearings. objectively, pete hegseth did a good job and it's now taking him on the path to confirmation. i think he will skate through the committee approval. he will be on the floor probably sometime next week. the other more controversial pix like tulsi gabbard or robert f. kennedy, jr.,...
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confirmations expected for marco rubio as secretary of state, pam bondi as attorney general and scott bessent as treasury secretary, among others, but then there is embattled pentagogon pick pete hegseth whose hearing tomorrow could be make or break. >> he can expect his hearing to be tough but respectful, candid, but fair. >> reporter: hegseth, a former fox news host and decorated combat veteran is likely to be pressed about allegations of sexual assault and excessive drinking, allegations he denies. if all democrats vote against him, hegseth can only afford three republican defections. what are you hoping to hear from him? >> well, i think he's got a lot of questions that need to be answered. >> reporter: as the vice president-elect is detailing an inauguration day blitz of executive orders focused on immigration. >> dozens of executive orders coming from the trump administration, coming from us on day one that send a message to customs and border patrol, you guys are allowed to do your job again and to illegal immigrants all over the world, you are not welcome into this country illegally.
confirmations expected for marco rubio as secretary of state, pam bondi as attorney general and scott bessent as treasury secretary, among others, but then there is embattled pentagogon pick pete hegseth whose hearing tomorrow could be make or break. >> he can expect his hearing to be tough but respectful, candid, but fair. >> reporter: hegseth, a former fox news host and decorated combat veteran is likely to be pressed about allegations of sexual assault and excessive drinking,...
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Jan 14, 2025
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. >>> the team of advisors working on the tariff plan is scott bessent.cabinet members with hearing this week. we have megan cassella with more. megan, good to see you. >> reporter: frank, good morning. it is busy this week. one senate republican referred to it as a train wreck. more than a dozen hearings as the president-elect is pushing for as many as possible to be confirmed on day one. take a look at the lineup. hearings kickoff with pete hegseth. tomorrow includes marco rubio and russ. we will see bessent for treasury. most of these are likely to be smooth. bessent, rubio, all looking to sail through. this is the first time we get to hear from the nominees about the views on policy in how they plan to run their agencies. you can expect the bessent hearing to touch on tariffs and taxes and ficits. given that doge is expected to run in partnership with omb. rubio, you can expect him mong other things to be asked about china. as for timing, it is still going to take time for everyone to get a floor vote. rubio might be confirmed on inauguration day. so
. >>> the team of advisors working on the tariff plan is scott bessent.cabinet members with hearing this week. we have megan cassella with more. megan, good to see you. >> reporter: frank, good morning. it is busy this week. one senate republican referred to it as a train wreck. more than a dozen hearings as the president-elect is pushing for as many as possible to be confirmed on day one. take a look at the lineup. hearings kickoff with pete hegseth. tomorrow includes marco...
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the doge brothers and russell vought and scott bessent have to do budget and tax cutting. >> yes, theyld have done it long ago, that is what omb is set up to do give you tools to find out where the waste abuse and fraufraud is, with elon musk and vivek ramaswamy they will find a lot of areas to cut. that wonderful. i was first chief economist at the omb, you were 10 years later. we shared that position, this is to -- that is really doable, we don't confuse is bringing down inflation is great, that will bring down inflationary premium on interest rates that would be wonderful. ed by ebiden a has done a really bad job, and expected real return on capital will rise once we get the economy growing, we want higher returns to capitol and higher activity and growth, it will raise real rate of return but a higher real rate of return mines there are more goods and services available. that means lower inflation, that means lower inflation premium, we need to get inflation under control, i would look at powell and fed, we do not, that is one of 7 positions of the political power we do not have co
the doge brothers and russell vought and scott bessent have to do budget and tax cutting. >> yes, theyld have done it long ago, that is what omb is set up to do give you tools to find out where the waste abuse and fraufraud is, with elon musk and vivek ramaswamy they will find a lot of areas to cut. that wonderful. i was first chief economist at the omb, you were 10 years later. we shared that position, this is to -- that is really doable, we don't confuse is bringing down inflation is...
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Jan 11, 2025
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it's my great pleasure to introduce scott bessent, the founder, ceo, chief investment officer of a global assessment firm he launched in 2015. prior to that, he served as chief investment officer and held a number of roles since the 1990's and 2000, overseeing investments in europe. outside the world of finance, he taught economic history at yale, his alma mater, and been a prolific philanthropist, including in his home state of south carolina. please join me in welcoming him. [applause] scott, you have been a respected voice in financial markets for decades. you're only recently started weighing in publicly on larger questions of u.s. public policy and the stakes of the 2024 election. what motivated you to start speaking out about the direction of american economic policy? scott: first, thanks to you, the manhattan institute, for having me. when he invited me, he said just of you know, we have heather mcdonnell -- you had me at those. i don't need anymore. it is a good question. i've always been politically interested for macro investing, you are always politically adjacent to geopolitic
it's my great pleasure to introduce scott bessent, the founder, ceo, chief investment officer of a global assessment firm he launched in 2015. prior to that, he served as chief investment officer and held a number of roles since the 1990's and 2000, overseeing investments in europe. outside the world of finance, he taught economic history at yale, his alma mater, and been a prolific philanthropist, including in his home state of south carolina. please join me in welcoming him. [applause] scott,...
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scott bessent, trump's pick for treasury plans to cut costs for business. since when has cost cutting been a government priority. this is why president biden is moving heaven and earth to block the transition from sluggish bloated bureaucracy to dynamic capitalist government. is blocking oil and gas drilling, trump vows to unblock it but he could face a long court battle in the courts. thanks, president biden, this is obstructionism. deifying the will of the people but karen jean-pierre says biden has a jampacked two weeks left in office. who knows what he will propose to gum up the works for the incoming president. biden is thumbing his nose at the american people, angry and resentful and here's a question for the democrats who urged him to run for a second term and covered up his decline. looking at biden now, who could possibly believe that he's capable of being president for another four years. trump does represent a revolution in government. for the go to the country biden and the democrats should get out of the way. second hour of varney just getting
scott bessent, trump's pick for treasury plans to cut costs for business. since when has cost cutting been a government priority. this is why president biden is moving heaven and earth to block the transition from sluggish bloated bureaucracy to dynamic capitalist government. is blocking oil and gas drilling, trump vows to unblock it but he could face a long court battle in the courts. thanks, president biden, this is obstructionism. deifying the will of the people but karen jean-pierre says...
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Jan 13, 2025
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we need scott bessent at thewe treasury so we c can stop this conversation around global taxation. axwe need to get back to making america great and that means, yes, let's vets the nons. but let's get the job done and get it done in record time. i bottom line is simply this. donald trump and the american people deserve to have thepeop b done right and quickly. >> trey: all right, let's talk about background checks for a backsecond. waiver i to s designed to do jon ratcliff is bored out of his oru i can't think of anything thatht guy has ever done wrong. matt gates, you don't miss the interestinn ing read. that would be mc-17 movie but he quit for good reason. what would be a disqualifying fact?r what are you looking for in a background check? >> trey, let me say, hopefully what we are looking for john ratcliff and every nominee. t i actually read through his background the first time around and fell asleep. literally, it is so boring because he's done nothing wrong. we should start with being, frankly, innocent and not guilty when it comes to these nominations. weco the want people
we need scott bessent at thewe treasury so we c can stop this conversation around global taxation. axwe need to get back to making america great and that means, yes, let's vets the nons. but let's get the job done and get it done in record time. i bottom line is simply this. donald trump and the american people deserve to have thepeop b done right and quickly. >> trey: all right, let's talk about background checks for a backsecond. waiver i to s designed to do jon ratcliff is bored out of...
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Jan 14, 2025
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marco rubio, kristi noem, pam bondi and john radcliffe, thursday, doug burgum and treasury nominee scott bessentg to work with republicans. schumer said "republicans spent four years attacking the democratic brand and we need to use the hearings to begin returning the favor. quote the resistance failed with their not done fighting. >> donald trump and senate republicans. >> we will fight. >> this is a new day. >> we are united. >> determined. >> ready. >> 119th congress has begun. >> jesse: that democrats and all the bureaucrats behind the scenes are operating very secretively, by the trump team is rooting them out. incoming officials have began questioning career civil servants working on the white house national security council about who they voted for, their political contributions and whether they made any social media posts that could be considered incriminating. at least some of these nonpolitical employees are done packing out their bags. kevin o'leary the chairman of o'leary ventures and attracting investors, so this is coming in pretty quickly, day one he says he will be at dictator, o
marco rubio, kristi noem, pam bondi and john radcliffe, thursday, doug burgum and treasury nominee scott bessentg to work with republicans. schumer said "republicans spent four years attacking the democratic brand and we need to use the hearings to begin returning the favor. quote the resistance failed with their not done fighting. >> donald trump and senate republicans. >> we will fight. >> this is a new day. >> we are united. >> determined. >> ready....
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Jan 14, 2025
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hillary clinton regulators are gone and being replaced and you've got tim scott on senate side and scott bessenteplacing janet yell and confidence goes up. yellen and confidence goes up. that's sustained and you're right, there has to be follow through and one big risk is that biden is leaving the cup board bare ask we got numbers on fourth quarter spending october through december. he spent $1.8 trillion. that's up 40% year over year. think about what a disaster that is. they've taken each part of the government and spent a massively as much as they can and so that's going to generate the need for the house and senate to get involved. you know, they have the power of the purse. so there's -- i think going to have to be back filling for what biden did. larry: spending caps and that's what you need and $2 trillion defdeficit as far as eye can se. that's the biden legacy and prosperity and more than half the j jobs and more than half te jobs this past year come from government, whether federal, state or local. we're not really producing the kind of private jobs they're here and going for the kind
hillary clinton regulators are gone and being replaced and you've got tim scott on senate side and scott bessenteplacing janet yell and confidence goes up. yellen and confidence goes up. that's sustained and you're right, there has to be follow through and one big risk is that biden is leaving the cup board bare ask we got numbers on fourth quarter spending october through december. he spent $1.8 trillion. that's up 40% year over year. think about what a disaster that is. they've taken each...
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we have just upgraded our economic team so greatly with scott bessent and lutnick and vivek and elonhis and if you want evidence read my column in the post. how do you in an economic expansion, how do you get a $2 trillion deficit? how do you spend in just a couple months 30% of your budget? how do you do something so reckless basically sell trillions of dollars of short-term debt to paper over the deficit so you don't spike the 10-year? and now, guess what? traders are looking at it and trump is going to be faced with an issue. now if i were he, i am a nobody, who got the line into him, i'd just be pounding the table about vivek and elon and the doge. larry: that's a good important point and i think he will. that's just what he's going to do. charlie: that could put a tap, because the bond market a lot of it is about impression and expectations. if the bond market senses that trump does give a you know what about the deficit, he will put a tap on that rise in the yield. larry: use elon and vivek. charlie: get them out there like now. larry: your upgrade point is crucial. at harbor f
we have just upgraded our economic team so greatly with scott bessent and lutnick and vivek and elonhis and if you want evidence read my column in the post. how do you in an economic expansion, how do you get a $2 trillion deficit? how do you spend in just a couple months 30% of your budget? how do you do something so reckless basically sell trillions of dollars of short-term debt to paper over the deficit so you don't spike the 10-year? and now, guess what? traders are looking at it and trump...
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Jan 15, 2025
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kenny: won't pull that on him a shoo-in pam bondi a shoo-in great, important scott bessent, treasury secretary later in the week or next week. >> george soros. >> he was there when he -- >> missed yesterday so i think going to have a tough time with any other nominations. >> good point you think they -- themselves -- i think there was not enough substance. >> it was very bad, double down on. >> all about, personal issues, and not enough about the issues of the day, in china -- >> did not say anything about -- >> i didn't hear a lot. >> how getting more u.s. warships out of dry dock into the ocean? that is the question what is your plan for that. maria: exactly jurist getting started a big hour coming up, quick break then house ways and means chairman jason smith holding first hearing on trump's tax cuts in morning jason smith here with a firsthand look coming up you are watching "mornings with maria" live on "fox business" stay with us. ♪ ♪ . i didn't do this for the lights. or the fame. i did it to pay it forward to the next generation of athletes. and pass on the support my family
kenny: won't pull that on him a shoo-in pam bondi a shoo-in great, important scott bessent, treasury secretary later in the week or next week. >> george soros. >> he was there when he -- >> missed yesterday so i think going to have a tough time with any other nominations. >> good point you think they -- themselves -- i think there was not enough substance. >> it was very bad, double down on. >> all about, personal issues, and not enough about the issues of...
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Jan 15, 2025
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also thursday scott bessent testifies before the senate finance committee.ch on c-span networks or online at c-span.org. >> the presidential inauguration set for january 20, wash the conclusion of the american history tv historic inaugural speeches. listen to speeches from franklin roosevelt through barack obama. on saturday here speeches by president bill clinton in 1993. >> there is nothing wrong with america that cannot be cured by what is right with america. >> president george w. bush in 2001. >> this is my solemn pledge. i will work to build a single nation of justice and opportunity. >> and barack obama in 2009. >> the challenge we face are real and they are serious and their many. they will not be met easily. but know this. they will be met. >> watch historic inaugural speeches saturday at 7:00 eastern on american history tv on c-span2. >> c-spanshop.org is c-span's online store. browse the collection of products, apparel, books, and accessories. there is something for every c-span span -- for every c-span fan. shop now or anytime at c-spanshop.org.
also thursday scott bessent testifies before the senate finance committee.ch on c-span networks or online at c-span.org. >> the presidential inauguration set for january 20, wash the conclusion of the american history tv historic inaugural speeches. listen to speeches from franklin roosevelt through barack obama. on saturday here speeches by president bill clinton in 1993. >> there is nothing wrong with america that cannot be cured by what is right with america. >> president...
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Jan 11, 2025
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paul: i can hear the incoming treasury secretary, scott bessent, echoing your point of view, but he'll with other voices in the white house. of jason trennert, thanks for cop -- coming in. >> thanks for having me. paul: the fate of tiktok in the united states is now in the hands of the supreme court after the justices heard oral arguments in a case that pits the first amendment against national security interests. we handcraft every stearns & foster® using the finest materials, like indulgent memory foam, and ultra-conforming inner springs, for a beautiful mattress, and indescribable comfort. start the new year with savings up to $800 on select adjustable mattress sets. oh, it's cold outside. time to protect your vehicle from winter's wrath. of course, the hot sun can be tough on vehicles too. you need weathertech. laser measured floorliners and cargo liner will shield the carpeting from sand and snow. for your interior, there's seat protector and sunshade. plus, mud flaps and bumpstep for the exterior. impactliner, with shock absorbing rings, safeguards your truck bed from costly dama
paul: i can hear the incoming treasury secretary, scott bessent, echoing your point of view, but he'll with other voices in the white house. of jason trennert, thanks for cop -- coming in. >> thanks for having me. paul: the fate of tiktok in the united states is now in the hands of the supreme court after the justices heard oral arguments in a case that pits the first amendment against national security interests. we handcraft every stearns & foster® using the finest materials, like...
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Jan 14, 2025
01/25
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the incoming trade secretary scott bessent was among the plan's supporters.ow the white house saying it will cap the number of the a.i. chips allowed to be exported out of the country as it seeks to keep advanced technology between it and its allies. this comes as the biden administration enters the final week in power with gina raimondo says the plans will safeguard the u.s. position as a global leader in the chip design. it will see cloud service providers with authorization to export chips outside the u.s. investors eyeing the next big or out of the u.s. with the rate cut expectations following the jobs report. the u.s. producer prices expected to show an uptick showing 3.3% on the year last month from 3% in november. core ppi, ing food and energy is expected to jump 3.8%. in the meantime, robert holzmann would not like to see interest rates lowered too quickly adding core inflation is still higher than the central bank target of 2%. let's get a check of how european bond yields are moves. we are seeing it is very clear on your screen right now that we are
the incoming trade secretary scott bessent was among the plan's supporters.ow the white house saying it will cap the number of the a.i. chips allowed to be exported out of the country as it seeks to keep advanced technology between it and its allies. this comes as the biden administration enters the final week in power with gina raimondo says the plans will safeguard the u.s. position as a global leader in the chip design. it will see cloud service providers with authorization to export chips...
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the doge brothers and rudds el vote and -- russell and scott bessent, they're got to do some serious tax cutting. >> yes, they do. and they should have done it long, long, long ago. that's to what the omb is set up to do, to give you the tools to go in and find out where the waste, abuse and fraud is. and i think with elon musk and vivek ramaswamy, they're going to be able to find lots of areas where be able to to cut which would be absolutely wonderful, harry. as you know, i was -- larry. i was the first tenured economist at the omb, you were there ten years later. this is really doable. i think it will be done. i think we really want to make sure we don't confuse bringing down inflation is great, and that will bring down the inflationary premium on interest rates and that would be wonderful, and bind's done a really bad job on that. but also once we start that economy growing, the expected real return on capital's going to to be rising very sharply, and this is the one thing we really, really want, is higher returns on capital, higher productivity, higher growth. that will have two
the doge brothers and rudds el vote and -- russell and scott bessent, they're got to do some serious tax cutting. >> yes, they do. and they should have done it long, long, long ago. that's to what the omb is set up to do, to give you the tools to go in and find out where the waste, abuse and fraud is. and i think with elon musk and vivek ramaswamy, they're going to be able to find lots of areas where be able to to cut which would be absolutely wonderful, harry. as you know, i was --...
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Jan 14, 2025
01/25
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thursday, doug burgum and treasury nominee scott bessent. democrats aren't looking to work with republicans. they want a war. schumer said, quote, republicans spent four years attacking the democratic brand, and we need to use the hearings to begin returning the favor. the resistance failed, but they're not done fighting. >> if donald trump and senate republicans do things to hurt you, we will fight. >> this is a new congress. >> it is a new day. >> we are united, determined. >> ready. >> 119th congress has begun. >> well, the democrats and all these bureaucrats behind the scenes, they're operating really secretively. but the trump team is rooting them out. incoming senior trump administration officials have begun questioning career civil servants who work in the white house national security council about who they voted for, their political contributions, and whether they've made any social media posts that would be considered incriminating. at least some of these nonpolitical employees have begun packing up their bags. kevin o'leary is the
thursday, doug burgum and treasury nominee scott bessent. democrats aren't looking to work with republicans. they want a war. schumer said, quote, republicans spent four years attacking the democratic brand, and we need to use the hearings to begin returning the favor. the resistance failed, but they're not done fighting. >> if donald trump and senate republicans do things to hurt you, we will fight. >> this is a new congress. >> it is a new day. >> we are united,...
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Jan 2, 2025
01/25
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the centi-millionaires, and possible billionaires, depending how you count your wealth, includes scott bessentnd chris wright. one thing i guarantee none of those people ever had to buy their own [ bleep ] groceries. [ light laughter ] they are probably the only people in the world who do believe trump invented the word. "you mean those stores that sell all of that loose food? [ light laughter ] i thought those were just poorly lit restaurants." hey, i'm not surprised donald trump is picking billionaires. i'm just surprised that if you are a billionaire, you would say yes to spending the next four years getting yelled at by a fake garbage man. i mean what all in exchange for a tax break that you will never even notice. if i was a billionaire, you know what i would do? nothing. [ light laughter ] i mean, i guess, i would keep doing this show. but as sure as [ bleep ] wouldn't come out other had and do a "closer look," every night. you think i like talking about donald trump. i do this because i got bills to pay. daddy's got a crippling addiction to button down shirts. [ laughter ] i owe million
the centi-millionaires, and possible billionaires, depending how you count your wealth, includes scott bessentnd chris wright. one thing i guarantee none of those people ever had to buy their own [ bleep ] groceries. [ light laughter ] they are probably the only people in the world who do believe trump invented the word. "you mean those stores that sell all of that loose food? [ light laughter ] i thought those were just poorly lit restaurants." hey, i'm not surprised donald trump is...
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Jan 15, 2025
01/25
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i think you'll see scott bessent treasury department. i think he's sean duffy transportation. think there's some of them. you'll see significant democratic support. i don't think you'll see any unanimous pick anywhere there. but i think, you know, bondi will be you know, maybe she picks up some democratic votes. i can't see a lot pete hegseth the defense nominees. i'm not sure there's any democrat out there who will vote for maybe fetterman. uh, so, you know, i just think some of these nominees are so controversial that, you know, that they're just. there's no way democrats could support them. and i do think, you know, you watch tulsi gabbard, who's trump's pick for director of national intelligence. democrats still hope to defeat that nomination. and kash patel the other one. i'm not sure how you know, the fbi director nominee. i'm not sure how many you'll get there. i mean, you'll see some, but it's i agree with you. it's not like the old days where, you know, there was so much more deference to presidents that they would get 100, uh, 100, you know, senators would vote for a
i think you'll see scott bessent treasury department. i think he's sean duffy transportation. think there's some of them. you'll see significant democratic support. i don't think you'll see any unanimous pick anywhere there. but i think, you know, bondi will be you know, maybe she picks up some democratic votes. i can't see a lot pete hegseth the defense nominees. i'm not sure there's any democrat out there who will vote for maybe fetterman. uh, so, you know, i just think some of these nominees...
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Jan 13, 2025
01/25
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annmarie: scott bessent will have his hearing.et will pay attention to what he has to say about bond yields and maybe sequencing of trump's agenda. jonathan: coming up this hour, chris harvey of wells fargo, alex desilva of accuweather, and michael nathanson on huge changes over at meta. we begin with the s&p 500 on a two week losing streak. chris harvey of wells fargo saying investors are staring at a wall of worry, driven by the 100 basis point rise since september. ultimately, we expect high yields to be self-correcting. chris joins us for more. self-correcting is a phrase we have been exploring over the past week or so. do you mean to inflict more damage before we see things turn the other way? chris: i think so. the move has been so sharp. people do not wait and say now is the time. risk does not look that great, so they are going to say we have cpi and then let's decide after that, so we are getting there but we still have more upside. jonathan: it is in hundred basis points on a 10 year yield. does the y matter? is this inf
annmarie: scott bessent will have his hearing.et will pay attention to what he has to say about bond yields and maybe sequencing of trump's agenda. jonathan: coming up this hour, chris harvey of wells fargo, alex desilva of accuweather, and michael nathanson on huge changes over at meta. we begin with the s&p 500 on a two week losing streak. chris harvey of wells fargo saying investors are staring at a wall of worry, driven by the 100 basis point rise since september. ultimately, we expect...
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Jan 12, 2025
01/25
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. >> scott bessent, trump's pick to lead the treasury department. those are just some of the many names that we'll be seeing having their hearings on capitol hill this week. now, we can anticipate some of the pushback, some of the grilling that these picks are going to get from democrats. questions surrounding pete hegseth. personal life and qualifications. for example, questions surrounding pam bondi, who is one of the loudest voices in echoing president elect donald trump's baseless claim that the 2020 election was stolen from him. but what matters here is not necessarily what democrats think about these picks. what's most important is what republicans think about these picks. and that's because republicans control the senate. and all that trump needs is a simple majority. enough republicans to vote for his picks in order for them to be confirmed. now, i want you to hear from a couple of republican senators about how they're perceiving the senate confirmation process. >> the most important aspect of this, maria, is the fact that we need to move qu
. >> scott bessent, trump's pick to lead the treasury department. those are just some of the many names that we'll be seeing having their hearings on capitol hill this week. now, we can anticipate some of the pushback, some of the grilling that these picks are going to get from democrats. questions surrounding pete hegseth. personal life and qualifications. for example, questions surrounding pam bondi, who is one of the loudest voices in echoing president elect donald trump's baseless...
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Jan 13, 2025
01/25
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. >> if you have high blood pressure or diabetes and get a cough, cold or flu, scott bessent is specially formulated for you. powerful, safe and effective cough, cold and flu relief that's formulated so it won't raise your blood pressure or impact your blood sugar. play it safe with safe tussen tackling quarterbacks or tackling subscriptions. >> oh, if i had to choose tackling quarterbacks because it's so easy to tackle subscriptions with experience. easy. i'll go tackle those z's bakery is looking to add a pizza oven, arissa's hair salon wants to expand their space, and steve's t-shirt shop wants to bring on more help. with the comcast business 5-year price lock guarantee, they can think more about possibilities for their business and not the cost of their internet. it's five years of gig-speeds and advanced security. all from the company with 99.9% network reliability. get the 5-year price lock guarantee, now back for a limited time. powering five years of savings. powering possibilities™. just four weeks. get your custom formulas today at proz.com. >> i lay on my back frozen, thinking
. >> if you have high blood pressure or diabetes and get a cough, cold or flu, scott bessent is specially formulated for you. powerful, safe and effective cough, cold and flu relief that's formulated so it won't raise your blood pressure or impact your blood sugar. play it safe with safe tussen tackling quarterbacks or tackling subscriptions. >> oh, if i had to choose tackling quarterbacks because it's so easy to tackle subscriptions with experience. easy. i'll go tackle those z's...
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Jan 10, 2025
01/25
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CNBC
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scott bessent in that camp. i'm not sure what the additional oil production would mean or do. >> if you have oil, it will go up. the price of oil has gone up quickly and natural gas. >> 3% gdp. 3% cut in the budget deficit and the 3 million additional barrels. >> the arctic issues that came in this week. >> i think we really want to see. we have weather patterns in the uny we have never seen before. i almost wish we had a national weather person here. when we have cold weather in houston, you get a natural gas spike. you can't move the stuff fast enough. those numbers may be a little distorted. i want to come back and say i want to take the other side of the trade from the point of view there is reset going to go on. i am seeing walgreens say that things are not as disastrous. walgreens is a huge chain. i want to see things good for earnings. when i get them, i'm not going to say, you know what? i'm a seller of delta because ed bastian doesn't know what he is talking about. ed bastian knows what he is talking ab
scott bessent in that camp. i'm not sure what the additional oil production would mean or do. >> if you have oil, it will go up. the price of oil has gone up quickly and natural gas. >> 3% gdp. 3% cut in the budget deficit and the 3 million additional barrels. >> the arctic issues that came in this week. >> i think we really want to see. we have weather patterns in the uny we have never seen before. i almost wish we had a national weather person here. when we have cold...
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Jan 14, 2025
01/25
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those working on the plan include scott bessent and kevin hassert. >> that's kind of interesting, is it not? >> come up with a -- >> a foil? >> a negotiating technique. i think it also highlights there might be some inflation possibility. we'll see today. what comes today? >> ppi is today. >> producer price. >> producer prices. key components to the plan of the pce which is the favorite numbers. >> cpi. >> tomorrow we get cpi. the expectation for ppi today is that the deflationary indications might come to an end or you might see -- >> a lot of it is hurricanes, storms, weather. >> you have healthcare prices continuing to climb. >> there will be a way to say not to orry, but people will still worry. >>> chinese officials are weighing options of tiktok including the sale of the u.s. operations to elon musk. if can he afford it. according to multiple reports that beijing strongly prefers that tiktok remain under ownership of bytedance and contesting the impending ban to the supreme court, but government officials are considering contingency plans if the u.s. supreme court upholds the b
those working on the plan include scott bessent and kevin hassert. >> that's kind of interesting, is it not? >> come up with a -- >> a foil? >> a negotiating technique. i think it also highlights there might be some inflation possibility. we'll see today. what comes today? >> ppi is today. >> producer price. >> producer prices. key components to the plan of the pce which is the favorite numbers. >> cpi. >> tomorrow we get cpi. the...
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Jan 14, 2025
01/25
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scott bessent to be treasury secretary.oug burgum's hearing was supposed to be today but was pushed to thursday because of paperwork issues. also pending, doug collins he was supposed to be at his hearing today to become the head of the next veterans affairs, secretary of veterans affairs. you can keep track of that on the website. let's hear from the nikia in las vegas on the independent line. caller: hi there. i think that any president should be allowed to have any person that they want in their cabinet. i understand the confirmation process, but it seems to me there are always issues between more so the democrats than republicans. all of these people keep calling and talking about pete hegseth and his assault on women, but no one mentions biden or his assault on tara reid and how she had to run off to russia or his son. it is crazy to me. i think everyone deserves to be given a chance and no one can say how qualified he is or not because he is not in the position yet. that's it. host: max from san antonio, democrats lin
scott bessent to be treasury secretary.oug burgum's hearing was supposed to be today but was pushed to thursday because of paperwork issues. also pending, doug collins he was supposed to be at his hearing today to become the head of the next veterans affairs, secretary of veterans affairs. you can keep track of that on the website. let's hear from the nikia in las vegas on the independent line. caller: hi there. i think that any president should be allowed to have any person that they want in...
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Jan 10, 2025
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confirming a report that the senate finance committee planned to hold a hearing for trump's pick for scott bessent. they would set up an executive session which lawmakers could advance his nomination to a confirmation vote by the full senate shortly after trump takes office. so one of the sort of first chess pieces of the administration getting put in place there. >>> pennsylvania democratic senator john fetterman saying he plans to meet with president-elect trump at mar-a-lago. he said he doesn't have a specific message delivered to trump and doesn't know what message trump plans to convey to him but said there are several issues including china, israel and the border in which they can work together. fetterman says he plans to support some of trump's cabinet nominees and is open to hearing from all of them. some shifting winds. >> he's been shifting for a while. >> he's been shifting for a while she has. a lot of his sound bites from different cable networks where he says things like, if someone is here illegally and is committing crimes, who would not want that person -- so he's said what seemed
confirming a report that the senate finance committee planned to hold a hearing for trump's pick for scott bessent. they would set up an executive session which lawmakers could advance his nomination to a confirmation vote by the full senate shortly after trump takes office. so one of the sort of first chess pieces of the administration getting put in place there. >>> pennsylvania democratic senator john fetterman saying he plans to meet with president-elect trump at mar-a-lago. he...
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Jan 10, 2025
01/25
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. >> scott bessent has been tapped by trump to be the next treasury secrary. he founded the key square group investment firm previously raised money for democratic presidential candidateal gore, hillary clinton and barack ama. and served as a chief iesent officer for soros fund management. more rently, he raised more than $57 millionor donald trump's 2024 campaign. if confirmed, he would become the second guy person to serve in a presidential cabit after pete buttigieg. nextsct bessent in his own words. we start with his remas a conservative economic policy suiteld on the sidelines of the 2024 republan national convention. he talked about penal economic priorities for a second trump aintration. ond trump administration. >> let me start with you. you are one of the leading financial minds in america. have m
. >> scott bessent has been tapped by trump to be the next treasury secrary. he founded the key square group investment firm previously raised money for democratic presidential candidateal gore, hillary clinton and barack ama. and served as a chief iesent officer for soros fund management. more rently, he raised more than $57 millionor donald trump's 2024 campaign. if confirmed, he would become the second guy person to serve in a presidential cabit after pete buttigieg. nextsct bessent in...