so he has to get money into the state treasury and the tax code might have to be changed the yes, but raising the tax rate on billionaires might be a quick way to get money into the state treasury for now. and i guess there needs to be some political momentum for that. so my next question is, what has the reaction been in the united states? these revelations are members of the congress are calling now for internal revenue service to investigate how this information was leaked. but for a progressive task, has given more prove to why they have been calling for a long time already for the revamp of the taxes. some democrats have also said that they want to recall that trump tax cuts from the year 2017. that lowered tax rate for the old, her wealthy badge with a type majority in congress. it doesn't really seem like this is going to happen anytime soon. ok, d w carol, you know, she will in washington d. c. thanks so much. a russian court is considering a request to declare organisations linked to jailed opposition leader alex said valley as extremist. the court case is the most far reachi

he has to look at how he can get money into the state treasury.nchor: tell us about the reactions of these revelations. reporter: members of congress are calling for the irs to investigate how this information was leaked. taxpayer information is private. there are internal and external investigations beginning with potential prosecutions follow. for progressives, this is. anchor: resident biden has landed in benton -- in britain. he will visit three companies over eight days. the summit starts later this week. they are starting -- expected to focus on coronavirus vaccine distribution, trade, and climate. >>'s first trip to europe comes at a key moment for the u.k., having just left the european union. boris johnson wants to show that global britain is more than just a slogan. in the u.s. wants to reestablish global leadership in areas like climate change and vaccination. one dominant issue will be the production and distribution of vaccines. johnson has said he will ask counterparts to agree to vaccinate the world by the end of last year -- next y

force, bringing a renewed effort on behalf of the united states department of justice, the united states treasury department, the united states state department to work collaboratively to identify, to support investigations and ultimately to support prosecutions and consequences for those who would endeavor to engage in behaviors. furthermore, in bringing together the c o that we have been doing in the united states and convening them, they've made very clear that when it comes to the private sector bit bear or i might venture to say here are anywhere around the world. they want to know if they're going to put their hard earned resources into any issue or initiative, but it will go to when it's intended beneficiary. and that means going to the people who need that support and not corrupt hands. there are many reasons why this is one of our highest priorities, which i think the people of guatemala know well and the people of the united states understand well, if we are to be effective, if we are to be true to our principles, we must root up fractions wherever it exists, and that is one of our high

have in the space. >> if you could provide some data on how you provide that to the department, state, treasury or allied nation for enforcement of economic measures? >> his organization has a very robust way of providing this information real-time and getting feedback and also individuals that are integrated to the health and understanding so can i pass this to you, sir? >> i would add to the comment how do we measure this and the question is spot on and the characterization is exactly what we face today. this is how we measure it. we can certainly provide the different partners to include the inner agencies and international but here's what gives gravity in this space. that's our talent being able to act fbi and energy that are able to provide the expertise and the wherewithal to say here's what we are seeing. the feedback loop is so critical as you pointed out to understand the utility. we can certainly follow up with those type of metrics as of may the 2020 i believe it represented 70% of the workforce as well as contractors so they noted in the study. >> i haven't had the opportunity yet t

you could also provide data or information on how you provide that data to the department of state treasuryations for enforcement of economic measures. >> sure and without going into specifics, i will let general talk to this because his organization as a very robust way of providing this information real-time and getting feedback and as individuals helping them understand this information so can i pass it to you? >> thank you, appreciate it. i would add, how do we measure this? i think your question is spot on and characterization of the environment is exactly what we face today. this is how. the reporting and we can certainly provide the reporting we do with a series of different partners to include in your agencies and international partner but here is what really gives us gravity and that's our talent, being able to have people at treasury and states, at energy able to provide expertise and wherewithal to say this is what we are seeing. the feedback is so critical as you pointed out to be able to understand the utility of what's being tried so it's something we've done many years and we

the yes, but raising the tax rate on billionaires might be a quick way to get money into the state treasury for now. and i guess there needs to be some political momentum for that. so my next question is, what has the reaction been in the united states? these revelations are members of congress are calling now for internal revenue service to investigate how this information was leaked, but her progress has given me more prove to why they have been calling for a long time already for the revamp of the taxes. some democrats have also said that they want to recall the trump tax cuts from the year 2017. that lowered tax rate for the old, her wealthy badge with a type majority in congress. it doesn't really seem like this is going to happen anytime soon. ok d w carol? yes, you know in washington d. c. thanks so much. a russian court is considering a request to declare organisations linked to jailed opposition meter alex in the valley. as extremists, the court cases reaching is the most far reaching attempts, yet to dismantle the valleys nation. what network of support prosecutors accuses anti co

but raising the tax rate on billionaires might be a quick way to get money into the state treasury for now. and i guess there needs to be some political momentum for that. so my next question is, what has the reaction been in the united states? these revelations are members of the congress are calling now for internal revenue service to investigate how this information was leaked. but for progressives, this has given more prove to why they have been calling for a long time already for the revamp of the texas. and democrats have also said that they want to recall the trump tax cuts from the year 2017. that lowered tax rate for the old, her wealthy by joys type majority in congress. it doesn't really seem like this is going to happen anytime soon. ok d w as carefully that she will in washington d. c. thanks so much. a russian court is considering a request to declare organisations linked to jailed opposition leader alex in a valley as extremist, the court cases the most far reaching attempt to dismantle the valleys nationwide network of support. prosecutors accuses anti corruption founda

force, bringing a renewed effort on behalf of the united states department of justice, the united states treasury department, the united states state department to work collaboratively to identify, to support investigations and ultimately to support prosecutions and consequences for those who would endeavor to engage in corrupt behaviors. furthermore, in bringing together the ceos that we have been doing in the united states and convening them, they have made very clear that when it comes to the private sector, be it there or, i might venture to say, here or anywhere around the world. they want to know if they're going to put their hard-earned resources into any issue or initiative, that it will go to its intended beneficiary. and that means going to the people who need that support and not corrupt hands. there are many reasons why this is one of our highest priorities, which i think the people of guatemala know well, and the people of the united states understand well. if we are to be effective, if we are to be true to our principles, we must rule out corruption wherever it exists and that's one

. >> the department of state and treasury designated 62 individuals and five entities in response to continuing repression, we did this partners and allies and with these actions we are demonstrating our deep and shared concern regarding the activities. host: sanctions are being used to punish nations for bad behavior. a recent study says their use has gone up significantly in the past four years. they include the jailing of opposition leader alexei navalny and the annexation of crimea. they have been punishing china or rights abuses. the european blocked the u.s. and other officials linked to myanmar's coup, and iran's economy has been suffering after years of u.s. sanctions. the nations have been involved in talks that could see measures lifted. our guests join us now. the former assistant secretary of defense and senior fellow at the center for american progress, a warm welcome to you all. do sanctions actually work? are they effective? >> in the particular case of belarus, the clear answer is no russia is banking on what they are doing, and we cannot expect the use of a tool to b

know what to do with their money, but one thing they don't do with it is send it to the united states treasuryen for my book "the whiteness of wealth" where i show how tax policy is designed to build white wealth. the one disappointment i have with the story is how it ignores race. every person in that story they talk about is a white man. but they don't talk about the fact that it's part of their whiteness that helps them build wealth. so what we see is a tax system that is driven and helped along by rich white taxpayers to pay less in taxes. >> david k. johnston, i guess i'm the one here who has written tax law in the senate finance committee, and we always, on the democratic side, maybe only on the democratic side when we write it, we were always concerned about enforcement. whatever provision we were writing, we were always sitting there trying to anticipate, okay, this is going to work, right? and we could never anticipate at this end of the income scale, at this end of the wealth scale how they would react to any kind of tax law that we put in front of them because they just have so many

that's being able to have people that are att treasury, that are at state, that are at fbi, that are at energy that are able to provide the expertise and the wherewithal to say this is what seeing, and this is what is impactful. the feedback loop is so critical, as you pointed out, to be able to understand the utility of what's being tried. so this is something we have done for many years, and we can certainly follow up with those type of metrics. >> that would be great. thank you so much. really quickly, i just have a few seconds here. but i wanted to really quickly ask about the gao study on accountability. what role do all of you think the extensive reliance on temporary personnel, which as of mid-2020, i believe it represented 70% of the usdi workforce as well as contractors who represento about 51% of the office's wurxforce, plays in the shortcomings noted in the gao study? >> i haven't had an opportunity yet to really delve into that. i'm aware of it, and i think it's h a challenge. one of the things that we have already highlighted this morning is it really is in the talent of

that sucks state assets like treasury obligation out of the financial system, the money that the fed gave them. and the weakest recovery since the second world war, with rules on the banks. a great deal of research to show the impact on output. the impact on equity crisis remains strong and the fed has not let markets function. the markets with the real economy him up at the safety net under financial markets and we don't have market discipline anymore, and that has driven up markets for the financial system, more vulnerable and made economic inequality a great deal worse. >> let's take up qb later on but focus still on low interest rate policy. speak of the feds having kicked interest rates to the floor by heavy-handed policy. said officials and others claim to avoid unemployment they had no choice but to keep the target settings low for most of the period in question, for those since the period, in 2020. the natural interest rates which were themselves made low, beyond central banks control. how would you respond to that counterargument. >> they try to be as balanced as they can, a

i sent them back to the united states treasury. i think everyone else should have done the same.here is something about that i do not understand. i feel like that was too much work for the government to figure out who did and who did not so they said, we will give it to everybody. i feel like that is wasteful. that is all i have to say. host: let's go to mike, who is calling from philadelphia, pennsylvania. good morning. caller: good morning. thank you so much for taking my call. it is a pleasure. i agree with one of the callers all the while back who said she felt the government did not do quite enough. i think we are seeing the aftermath of that now. it is a little disheartening to hear some of these callers speak at length, basically parrot talking points from the u.s. chamber of commerce and other lobbying groups that it worked to dismantle the government idea and the private sector can create things. we are looking at the aftermath of their failure and inability to do so. do you know that i mean? these people have not demonstrated -- the so-called private sector has not demo

than it receives while other states receive far more from the federal treasury than they donate. and so it doesn't make sense, i think, to punish taxpayers in states like new jersey who choose to make investments in their people and their infrastructure, that make am a blue chip state and therefore contribute to the federal treasury. but in reviewing the treasury's green book which i have here with me, which provides an explanation of the president's revenue proposals including that of infrastructure, i was disappointed to see the deduction is not listed anywhere in the tax proposals. you and i discussed at length in our conversation, i discussed at length with your deputy, both of you committed during your confirmation hearings that you would study and devote yourselves to the salt deduction, yet there's nothing in that book. i expect much more. i expect to see what that commitment is going to yield. and finally your office responded to me yesterday, six months later from my questions and your nomination hearing about the questions of how many latinos were hire

the united states will, can create an anti corruption task force. the 1st of its kind, our justice department, treasury department and our state department will work together to conduct investigations and train local law enforcement to conduct their own. our task force will support guatemalan prosecutors including b. c, and listen, no correction. corruption does not know borders, and we want to make sure that this is about trans national crime, and we have to follow the money and we have to stop it. and that's what we intend to do. i can tell you from my work on this issue years ago, follow the money the underlying reason for so much of what we are saying in terms of this level and type of corruption is about profit. it is about profit without concern for the damage it creates to real human life to families, children, to community. and i want to emphasize that the goal of our work is to help find hope at home. at the same time, i want to be clear to folks in this region who are thinking about making that dangerous track for the united states. mexico border do not come do not come. the united states wil

vice president kamala harris announced the department of justice treasury and the state department willworking with law enforcement in guatemala to try and combat the flow of central american migrants to the united states. we will. >> look to root out corruption wherever it exists because we know it is not in the best interest of a democracy. >> alongside guatemalan president alejandro that tape. harris announced efforts to root out corruption create jobs and stop smuggling scheme that have encouraged thousands to flee their homes we can that turned this country into a country of opportunity in april alone. us border patrol stop more than 178,000 immigrants traveling from the region. the highest total in more than 2 decades is a crisis that the biden administration has created paris dennard with the republican national committee says the policies of the biden harris administration or the actual root of the problem. everything that they're doing as relates to. >> this border crisis has been wrong after 75 days. she has avoided going to the border for 75 days. she has avoided having a pre

states. that announcement from the treasury department says it has a proposal which would force exchanges and wallet providers to report for individuals with accounts to the i r s. with this information, the u. s. government could turn names over to other governments in exchange for names of us citizens who may be dodging tax liabilities by hiding assets overseas for the story and the latest on the crypto market. let's bring it to buy. so hosting crypto analyst, christy. christy. this is an ambitious plan to get the cooperation of global nations to, to share crypto data is the truth behind this. it's really got nothing to do with foreign investors. it comes down to the buy demonstrations bite, an administration saying we want info from you.

the state department will focus on the transnational aspects of domestic terrorism including mapping links between foreign and domestic terrorists and with the department of the treasury it will assess whether foreign organization and individuals linked to domestic terrorism can be designated as terrorists. the department of homeland security is expanding its intelligence analysis production and sharing. state and local partners and enhancing community based operations of state and industry partners to address threats while protecting privacy, civil rights and civil liberties. the development of resources and media literacy as a mechanism to strengthen resilience to misinformation and disinformation. the department of homeland security is focused on community based violence prevention programs. to community partners and help prevent individuals from ever reaching the point. the department of defense will train service members on the potential targeting of current and former military members in order to help prevent radicalization. the department of health and human services will work with education, homeland security and justice to develop a website on federal resourc

secretary of defense, secretary of the military department, the secretary of the treasury, or the governor of any state or possession in which he is on duty. an officer convicted of this offense by general court martial faces dismissal from the service, total forfeitures, and confinement and hard labor for three years. the united states courts of military appeals has upheld such convictions in the case of an army lieutenant who had participated in a demonstration while carrying a placard urging to end johnson's fascist aggression in vietnam. although article 88 is can -- directed towards commissioned officers, article one or 34 has a similar provision directed toward enlisted personnel. most military personnel are familiar with the existence of article 92. this is the article that enforces administrative regulations. violation of this article is punishable by a dishonourable discharge, total forfeitures, and confinement and hard labor for two years. this article is the reason air force regulations have the force and effective law. this being the case, let's look at the administrative regulations govern

it is time for the auction block where we kick things off stateside in the united states, as this week was the treasuryll kittens are facing seven-you're not -- seven-year notes despite earlier in the year. bnp paribas, gaucher bank leading weekly sales. an high-end debt in force. 9 billion this week, pushing volume 234 billion. joining us now is matt hornbach, margie patel. i want to pick up the high-yield issue. one point $8 billion of junk bonds with a record low coupon, and that record low coupon, a yield of 2.54%, according to a person with knowledge of the matter. i should emphasize this is where people predicted we would be in march of last year talking about what would happen to the credit market. i want to get your reaction to that, where we now have a record low yield, a record low coupon in high-yield markets, and when we talk about 2.45%, 2.5%, margie. margie: for many years, decades in fact, the high-yield market was cheap. right now, defaults are running in low single digits, no sign defaults are going to go up. the economy is in great shape. second there -- satender is in fantastic compa

antitrafficking task force, in addition an anticorruption task force, where the united states department of justice, together with the treasury department and the state department, are going to be focusing on the issue of corruption in this region. we need to deal with and confront the corruption issue and we need to give people a sense of hope. >> and one of the other takeaways, ayman, there's not going to be an easy solution. she didn't offer some grand idea that if we do x, y, and z, things will be better tomorrow. >> to that point, lester, given the fact that previous administrations, members of congress for decades have been trying to deal with this issue, does the vice president give you a sense of a timeline as to how they measure progress and how they're going to deal with these constitutional challenges? >> no, and i asked specifically about that, what is victory or success look like and there wasn't a clear answer. as vice president, joe biden had a very similar assignment, to deal with what's happening in central america, cut off the roots that lead to what we see at the border. i asked her what's new about your ap

cited sean and continue putting pressure on their lucas as go regime the department of state and the department of treasury, designated 62 bell russian individuals and 5 entities and response to continuing repression and bella ruth, importantly we did this alongside our partners and allies and with these coordinated actions on both sides of the atlanta, we are demonstrating our deep and shared concern regarding the lucas shank machines . activities sanctions are increasingly being used to punish nations for legit bad behavior. a recent study says their use has gone up significantly in the past 4 years. the u. s. and e, you have targeted russian officials and entities with sanctions over a range of issues. they include the jailing of opposition liter alexis only, and the 2014 annexation of crimea. they've been punishing china for rights abuses in hong kong. and shin jang, raging recently passed the law to counter foreign sanctions and the fuse pressure therapy and block the u. s and other western capital sanctioned officials linked to me in mars, john to following the february military, coo and iran economy

states. that announcement from the treasury department says it has a proposal which would force exchanges and wallet providers to report for an individuals with accounts to the i r s. with this information, the u. s. government could turn names over to other governments in exchange for names of us citizens who may be dodging tax liabilities by hiding assets overseas for the story and the latest on the crypto market. let's bring hosting crypto analyst christy. christy. this is an ambitious plan to get the cooperation of global nations to, to share crypto data is the truth behind this. it's really got nothing to do with foreign investors. it comes down to the by the ministrations bite in administration saying we want info from you on every american who hold crypto overseas. exactly, i mean, the essence is they're trying to create this giant stitching ring in order to catch us citizen harbouring or store and money abroad. but here's the problem, as has been the problem for the past. however many decades, very few countries have publicly stated that they're willing to cooperate with the us. and w

work around vaccine readiness and health systems and exploring in consultation with the state department and treasuryartment to address other nonhealth impacts of the pandemic and we are still determining how we will divide resources within the administration on secondary impacts but internal planning identified significant needs around economic support at the household level, economic support at the macro level as well and the role of the treasury department and financial institutions is important the end education and food security and we have seen significant food security impact outside of humanitarian settings tied to often to economic impacts so in terms of your question on the gap, i'd say two things, first, there is certainly more need in the world than any one government can carry along so we will orient our resources toward this but we are also encouraging others to join us in addressing these gaps but also the degree to which is a gap between resources will be depending on how long it runs. we also touch on secondary as much as possible. the size of the cap ultimately will depend on how lo

also a professor, a member of the polish parliament, a chairwoman of the state treasury commission and has been mayor since 2006. the first female mayor in warsaw and she is in her third term so she knows aif little about women in leadership and has done incredible work and true commitment to equity and equality. tell us about warsaw's climate action plan and your vision for cities of the future. >> yes, thank you very much for the invitation, it's a pleasure and honor to be here with you. i think women in poland they have to be strong, it's their history. not only me but the -- biggest town is run by a woman. also i can say for the security -- responsible woman and also the head of -- company, many others. okay, coming back to the action plan for warsaw climate. i think we decided to do it quite early in 2009. in 2011 we adopted sustainable energy action plan. calls reducing emission and energy by 20%. it's a little bit different because -- they base on coal. so our starting point was much more difficult than, i would say for the developed countries. in '89. we started to use in 2004

the treasury, the state department working together with authorities to help stop corruption among the political elites in this country. they're also working on an anti smuggling task force that will work with guatemala. we visited the largest slum in guatemala. many people making nothing at all, others $2 a day. many want to leave because of lack of opportunity. >> i asked who thought about going to the united states. everybody has. why? money. money. there's no money. that's the number 1 reason. >> the mayor says the problem is that the money given to the national government rarely ever makes to it the local municipalities. people do not feel or see the difference. then they flee their country. david? >> bryan llenas reporting from guatemala. vice president harris signals she will not be going to the border any time soon even though she will go to mexico after guatemala. she focused on results, not grand gestures. here with me now, chad wolf. good to see you. how serious our vice president can be about the border if she doesn't go to the border? >> well, i agree with you. addressing

for some time in terms of transparency what i would expect here to start in the united states is that the treasuryhin in the last administration but looking at the intersection points where there is leverage, over-the-counter defsks, kiosks, but looking for know the customer and transparency. that model should shift to the international regulatory commune and again a couple weeks ago in cornwell these are points of discussion among the g-7 countries happening at europe and nato. >> it's a movement toward institutionalization of the cryptoworld. we'll be watching we appreciate your insight and perspective thank you chris krebs. >> thank you, leslie and leslie has more from supine this afternoon don't miss the co-founder of ethereum better known for the ether coin and the cnbc exclusive on "fast money." elon musk speaking live right now about his satellite ambitions. his comments after this break. ♪ ♪ ♪ digital transformation has failed to take off. because it hasn't removed the endless mundane work we all hate. ♪ ♪ ♪ automation can solve that by taking on repetitive tasks for us. unleash your poten

i recognize that the many proclamations from state capitals and from washington the legislation the treasury regulations and so forth. couch for the most part in banking and legal terms ought to be explained for the benefit of the average citizen. and i know that when you understand what we in washington have been about. i shall continue to have your cooperation as fully as i have had your sympathy in your health during the past week. it is possible that when the banks resume. a very few people who have not recovered from their fear may again, begin withdrawals. let me make it clear to you that the banks will take care of all needs. accept of course the hysterical demands of taught us. and it is my belief that hoarding during the past week has become an exceedingly unfashionable pastime in every part of our nation. it needs no profit to tell you that when the people find that they can get their money. that they can get it when they want it for all legitimate purposes the phantom of fear will soon be laid. people will again be glad to have their money where it will be safely taken care of and

the united states will create an anti-corruption task force, the first of its kind. our justice department, our treasury will work together to conduct investigations and train local law enforcement to conduct their own. our task force will support guatemalan prosecutors, including listening, no corruption on the borders. we understand this is about international crime. we have to follow the money and we have to stop it, and that's what we intend to do. i can tell you from my work on this issue years ago, follow the money. the underlying reason for so much of what we are seeing in terms of this level and type of corruption is about profit. it is about profit without concern for the damage it creates to real human life, to families, to children, to communities. and i want to emphasize that the goal of our work is to help guatemalans find hope at home. at the same time, i want to be clear to folks in this region who are thinking about making that dangerous trek to the united states/mexico border. do not come. do not come. the united states will continue to enforce our laws and secure our border. there are

treasury to report to us. these involve the secretary of state and treasury. i want to put that on your radar. we are going to be pushing to make sure we fully implement this. let me turn to afghanistan, something you and i have talked about as well in the past. i appreciate your support to expedite the visas for afghan interpreters or afghanistan. you have worked most closely with u.s. forces who may be targeted first -- for assassination. that underscores the fragility of the situation as the u.s. withdraws its forces. we all recognize that a negotiated political solution is the only way for and afghanistan -- we have to bring all parties together including the taliban here in -- we need to strengthen his hand and show all parties involved there is a real peace dividend if they go in that direction. we have proposed bipartisan legislation to create reconstruction opportunities. these are zones within afghanistan and certain parts of pakistan -- the parts that were controlled or the pakistani taliban years ago. they would allow the duty-free export from those regions to the united states for

the treasury department says states can use $350 billion from the american rescue plan to hire more police officers or pay for overtime. the money can also be used to help teens get summer jobs or expand education programs in washington. mala rivera fox news, oakland's police chief, was among those invited to the virtual roundtable with the president today, chief on. armstrong said that he is hopeful the administration will continue to support community violence. intervention programs like oakland's ceasefire. he also said he welcomes any help from the atf, particularly to address the growing problem of those untraceable ghost guns. let's talk more now about the president's plan. joining us live this afternoon as peter dunbar, former pleasant hill police chief and former director of the colorado board that oversees police officer standards and training, and you're currently peter along afternoon. my pleasure. alrighte president's strat do you think that will be at stemming the flow of firearms used to commit violence? i think most of the guns are already out there. they don't necessarily c

, they rely on a policy decision at the end of the day and they rely on state department, department of homeland security, treasury department and providing recommendation on these cables and as david indicated the trump administration took a very proactive view about the threat of chinese noncontrol in these cables but it is a policy decision, were gonna have to take a look at the biden of administration and what view do they take on this as well is a stronger hardening view or will they sit back and be influenced by some of the service providers at the end of the day because it makes business sense to them. >> i would note telecom is an important institution in this way for advising the fcc on national security issues and it was through the team telecom process that you saw the first denial on the license application to the specific cable about one year ago in 2020. an additional piece of the regulatory regime that is emerging was initially teed up in the trouble administration and has been taken forward by the biden of administration is the icy ts process, this is about the information and communication technol

the department of state and the department of treasury designated 62 belarusian individuals and five entities in response to continuing repression in dollars. importantly, we did this alongside our partners and allies with these corded actions on both sides of the atlantic. we are demonstrating our shared concern regarding the lukashenko regime. finally, today, the biden-harris administration has announced the distribution list for the remaining 55 million of the 80 million doses of american-owned vaccine supply. president biden has pledged to send out globally and allocate by the end of june with service to and the pandemic. we have sent millions of doses to the world including 2.5 million doses arriving in taiwan this weekend. and sharing doses from our own vaccine supply -- in addition to sharing doses from our vaccine supply, the administration is committed to producing more to share with the world. we purchased half a billion pfizer doses to donate to low and middle income countries and members of the african union. the g7 agreed to provide an additional one billion doses in the

vice president kamala harris announced the department of justice treasury and the state department will be working with law enforcement in guatemala to try and combat the flow of central american migrants to the united states. we will. >> look to root out corruption wherever it exists because we know it is not in the best interest of a democracy. >> alongside guatemalan president alejandro that day. harris announced efforts to root out corruption create jobs and stop smuggling scheme that have encouraged thousands to flee their homes we can that turned this country into a country of opportunity in april alone. us border patrol stop more than 178,000 immigrants traveling from the region. the highest total in more than 2 decades is a crisis that the biden administration has created paris dennard with the republican national committee says the policies of the biden harris administration or the actual root of the problem. everything that they're doing as relates to. >> this border crisis has been wrong after 75 days. she has avoided going to the border for 75 days. she has avoided having a

tom: the secretary of treasury and a united states in london. -- of the united states in london.eally, really something. before we continue the story, i want to bring to your attention william dudley with his scathing essay on bloomberg opinion released moments ago. i loved his lapsed effort -- last effort. this is, mr. powell, perhaps you have it wrong. the problem is that that is but a new strategy to practice in unnecessarily extreme way, cooling things off will require the fed to increase interest rates much faster and further than it would if it started raising rates sooner. we will talk about that through the morning most of matthew miller and for jonathan ferro. marty, that is the heart of the matter. this is a treaty. marty: it is a treaty. the thing is about treaties, they have to be approved back home by the legislatures. as our story points out, this could take a very long time. lisa: what are the implications when it comes to u.s. tax policies since there are some in order to get some of the policy up to speed with what the global agreement has? marty: what it is goin

the ability for these states now allowed by the treasury department to expand the actual capability of what they're able to deploy this money on is a really crucial piece of what the president's outlining today. and i think if you talk to white house officials, they acknowledge there's no silver bullet, but they don't have to wait for new funds and legislation. there is money they can use and deploy now. and that at the core of everything else is what the president and his team think can have a real effect on what has become a major problem nationwide. >> phil mattingly at the white house, let's discuss with our panel we have with us sergeant cheryl dorsey, retired lapd police sergeant. also in studio we have cnn's gloria borger and nia-malika henderson, as well as politico's laura lopez. the president wants to go after rogue gun dealers. these are individuals who fail to run the background checks that are required, they falsify records, they sell to somebody who is prohibited from having a gun. is it that simple, just get rid of their gun license? >> well, i mean, it's a start. and i

investment, plant and agreements, jobs, real wages, family income, remarkable deal for the treasury secretary of the united statesis absolute surrender. >> here is what pete buttigieg said yesterday about this whole new global minimum tax deal. >> we are going to end's race to the bottom by giving -- to agree to a global nontaxable >> corporations would pay 16% and couldn't race to some of the country to get a lower tax rate. >> the system right now creates a real incentive to park your profits and even your jobs overseas. >> i can think of another country that will benefit from this, china. >> by the way that's not a small point because china, they have not participated in any of these discussions and they will not play by any of those rules, china would have significantly lower business taxes that the united states doesn't china will have significantly lower capital gains taxes than the united states does and this may only be the beginning unless it is all stopped. this race to the bottom, you know the race to the bottom, ireland with a 12.5% corporate tax rate. you know who put us on the right road, donald tru