i do not know how the afl-cio complete u.s. president so what is your comment? host: the united mine workers, is that correct, umw? guest: yes and i was president from 1982 to 1995. i have not been presence of the united mine workers since 1995. but i can say that. -- the president. i left the mining workers in good shape as a strong fighting unami. they gave health care from birth to grave. retirees,re of our our widows, every one of them got health care and a pension for life. and our wages had gone up. and the level of safety in the minds was increasing. i'm very proud of that record. -- the level of safety in the mines was increasing. and as far as imports, i agree with him. those of had us to get impact on america. also been bad trade deals and bad tax policies that encouraged outsourcing and reward people for sending jobs offshore. all of those had an impact in their bad. and i would have liked to see this changed as well. host: we had a collar, union member in our last segment and i promise to ask his question to you. 2474, interested in hr the protecting

john: i should note that the afl-cio endorsed joe biden for president. what is your pitch to the some 38% of union workers who voted for donald trump in 2016? richard: he made a good pitch in 1916 and he did not live up to that. he has hurt us in a multitude of ways. one, he has changed health and safety standards. he has taken them away. the coal mines. he has taken overtime away from 2 million people. he has attacked unions in the federal government. he has done a number of things. put the biggest issue is how he considered us expendable in this pandemic. he created a pandemic task force. there was not a single representative of working people on his task force. the department of labor, that has osha, the agency in charge or supposed to be in charge of our health and safety, was not on that task force. by the way, john, osha has the fewest number of inspectors it has had in its history right now the fewest number. , it would take osha 165 years to inspect every work place in this country just one time. he has depleted osha. he has depleted it. he ordere

thank you, richard trumka, president of the afl-cio. ce of power" on bloomberg television and radio. ♪ there are times when our need to connect really matters. to keep customers and employees in the know. to keep business moving. comcast business is prepared for times like these. powered by the nation's largest gig-speed network. to help give you the speed, reliability, and security you need. tools to manage your business from any device, anywhere. and a team of experts - here for you 24/7. we've always believed in the power of working together. that's why, when every connection counts... you can count on us. >> welcome to bloomberg markets. about the impact of the coronavirus pandemic of new york real estate with the head of the largest property owner in the city, plus will be getting the outlook for fixed income with pgim's michael collins, finding the balance between safety and sales. we will also speak to the president of the retail, wholesale, and department store union. the s&p is down nearly 3%, wiping out all the gains for the we

the president of the afl-cio? would ask him strategy is to try to get it out of the senate labor committee, the pro-act? host: i will be sure to ask that question. thanks for calling. jim is next out of new york them an independent. good morning. caller: we are talking about policies? host: yes, sir. every day since the coronavirus, they cover the amount of cases each town has. brentwood is one of the highest cases, in the thousands. the town north of me has just a few hundred. and brentwood have the most cases because the counties have the immigrants packed in them like sardines. the town is doing nothing about it. these are single-family houses that are just packed to the brim with people. should the tone be doing about it question mark you want more zoning regulations or limiting the number of people who live in the houses? caller: good for you. good question. i go to the town hall meetings and i mention, for instance, like my neighbors house or something like that might have a -- on it. they put a basement ent

copperyabout what the -- what the recovery might look like and also talked to richard trumka, president of the afl-cioabout the safety of workers as they returned to work. that is coming up on "balance of power" on bloomberg television and radio. ♪ david: welcome back to "balance of power" on bloomberg television and radio. it is time to our look at the stock of the hour. we will lose alibaba as a surrogate for the larger issue involving china we talked about earlier with abigail doolittle. abigail,how are the -- how are the adrs doing? abigail: they are all down. we had some falling on the day, now recovery after president trump spoke about the idea of looking at those china companies listing on the nicaea or the nasdaq that are not using u.s. accounting rules. there could be a delisting situation. he came back just as quickly, saying they could easily go to london so that may not be something they will pursue. it seems like a case of talk rather than walk, but nonetheless we did have a reaction for all of these adrs. actuallyok at jd.com, flipping higher. david: how have they done on the year? abiga

so, donna shimp's union and part,, for the most large, the afl-cio, is pretty opposed to the assertion of non-smokers' rights because what they see is the ability of an individual worker to subvert the hard-won bargaining agreement, which is what is supposed to be covering the rules at work. so, unions have bargained for this right to take a break at work. and in fact, the business case is really anathema to what unions represent, in a sense. it is not a productive use of time. it is not supposed to make you more productive. it is just a habit you should be able to do because you are a human being, or at least the kind of romantic case for smoking on the job. for a very long time, you see resistance by unions to this type of individual activism. now, what is taking place on the ground is considerably more complex in these kind of high-level proclamations by the executive committee of unions. the fact now, and the fact then was, i think, that most smokers did not desire to be smokers. so, the notion that non-smoker'' rights activism might be countered with smokers rights activism never

and so donna shimp's union, and unions for the most part at large, the afl-cio is pretty a posed to the assertion of nonsmokers' rights because what they see is the ability of an individual worker to subvert the hard won bargaining agreement which is supposed to be governing -- unions have fought for the right of a break at work. what unions represent in a sense, it's not a productive use of time. it's not supposed to make you more productive. it's just a habit that you should be able to do because you're a human being, or at least that's kind of the romantic case for smoking on the job. so for a very long time you see resistance by unions to this type of individual activism. now, what is taking place on the ground is considerably more complex in these kind of high-level proclamations by the executive committee of unions. the fact now, and the fact then, was, i think, that most smokers do not desire to be smokers. so the notion that nonsmokers' rights activism might be countered with smokers' rights activism never really materialized, though that was very much the goal of the tobacco co

, but our food supply chain. >> kim cordova of unite food and commercial union and cooper, from the afl-cio, thank you for making time us with. >>> before we go, the gdp is falling and americans are losing jobs. what should we do? s are losing jobs what should we do? taste fresher and more delicious? only eggland's best. which organic eggs have more vitamins and less saturated fat? only eggland's best. better taste, better nutrition, better eggs. when taking a break from everyday life is critical to everyone's health, there is one thing we can all do together: complete the 2020 census. your responses are critical to plan for the next 10 years of health care, infrastructure, and education. let's make a difference, together, by taking a few minutes to go online to 2020census.gov. it's for the well-being of your community and will help shape america's future. ♪ balanced nutrition for strength and energy. whoo-hoo! great tasting ensure with 9 grams of protein, 27 vitamins and minerals, and nutrients to support immune health. anibut that doesn't mean ayou're in this alone. we're automatically re

we just spoke to richard trumka from the afl-cio, favoring an infectious disease workplace standard. u working on some sort of standard that will say to employers and employees, it is safe to come back under the circumstances? eugene: osha has been putting out information about covid-19 january, proceeding vigorously on two different tracks. first, we put out extensive guidance to employers, workers about the measures to take in the workplace to stay safe. that includes industry-specific construction, meatpacking, curbside pickup, other industries, and more to come. and we are doing it in cooperation often with cdc. a great deal of information to keep workplaces safe. we also have an enforcement tool available. with all respect to president trumka, i think there are aspects of what we are doing now that are necessary to bring enforcement measures. i think there are aspects of that that he doesn't fully understand. intense focus on osha, and on my part personally, to protect workers and make those workplaces safe so that everyone can come back. david: what about meatpacking plants, are

at the same time the afl-cio, labor, finally stepped up. a late help from labor helped hubert humphrey but also created the impression that the election was closer than it really was so the republican richard nixon winds and winds with 43.4% of the popular vote. humphrey had 42.7% of the popular vote. you are wondering, i know you are because you are quick in your head, where was the remaining 13.5% of the vote? that vote went to former alabama governor george wallace ran as an independent. you can tell from the confederate battle flag behind him what his policies might have been. he ran as an independent in 1968 and in 1972. he is important not just because of who he is but the effect his campaign has. his campaign detach is traditionally urban white sectors to people who had voted for the democrats previously. white working class voters in cities. they were attracted to wallace and he did very well in ohio, in michigan and indiana and illinois. he got more than 10% of the white vote in those places. he split the southern vote with humphrey

i and a bunch of my colleagues have reached out to the afl-cio to the transit workers union, to the hospital association, 1199, 32bj, grocery stores and grocery store unions, that's a partial list, and we're getting very granular data about where their employees or members travel from and to and we are going to, to the extent we can tailor accommodate their needs. sarah, in terms of the program? >> like pat said, 10 to 11,000 of our riders travel between 1:00 and 5:00 a.m. over the last several weeks. we know which subway stops they use, we know a lot of origin and destination information. we're going to prioritize bus service. we're a public transportation agency so we want to prioritize bus services so we'll run a lot of bus. we'll have bus service that match the subway headway. so we're going to try to match the buses so you have a similar wait in commute. we'll have additional details in the next couple of days, but people should know if they were counting on the subway, bus service will be provided, taxi and livery are an option and for-hire vehicles are an option. we're not leaving the

the afl-cio which includes 55 unions and represents more than 12.5 million workers joins a long list bor unions that have endorsed the former vice president. and in business news, the international agency has paved the way for global energy investment in history. cnbc's julianna tatelbaum is joining us live from london on that. julianna, good morning, great to see you on this wednesday morning, what more can you tell us about this? >> good morning. well, the iea has called this plunge stagger in both scale and swiftness. so, we're talking about a serious plunge here in world energy investment. and this is important for a number of reasons. number one, it means obviously lost jobs and economic opportunities. it also means potentially lost begins to reopen again and we see a resurgence in demand for earth products. and then longer term it has some implications for the energy transition. this is the move away from traditional fuels to more sustainable types of energy. if we see a reduction in spending to make that transition, it makes the transition more difficult and pushes it out. it's

at the same time, the afl-cio, so labor finally stepped up. labor constituencies, traditionally very strong for the democrats but especially important in terms of organizing the vote, if heing people out to vote. that's what labor did in those years. the late help from labor, it helped hubert humphrey, but it also created the impression that the election was closer than it really was. so the republican, richard nixon wins, and he wins with 44.3% of the popular vote. humphrey had 42.7% of the popular vote. you are remaining where was the remaining 13.5% of the vote? that vet went to the former alabama governor george wallace who ran as an independent. there he is. there is george. a happy george. you can tell from the confederate battle flag behind him what his policies might have been. he ran as an independent in 1968. he also ran as an independent again in 19 2. he -- he's important here not just for who he is, but for the effect that his campaign has. his campaign detaches traditionally urban white sectors to the people who had voted for the

neil: thank you very, very much, the richard trumka, the man who runs the afl-cio afl-cio. by the way we're looking at some of the social distancing provisions not only by the way in the meatpacking industry plus elsewhere. when you spread workers out, you need fewer workers, how is the economy to handle that? we're about to find out. about medicare and 65, ysupplemental insurance. medicare is great, but it doesn't cover everything - only about 80% of your part b medicare costs, which means you may have to pay for the rest. that's where medicare supplement insurance comes in: to help pay for some of what medicare doesn't. learn how an aarp medicare supplement insurance plan, insured by united healthcare insurance company might be the right choice for you. a free decision guide is a great place to start. call today to request yours. so what makes an aarp medicare supplement plan unique? well, these are the only medicare supplement plans endorsed by aarp and that's because they meet aarp's high standards of quality and service. you're also getting the great features that any m

the week in albany about closing the subways, i and a bunch of my colleagues have reached out to the afl-ciot workers unions, to new york state and new york city, to the hospital association, 1199, 32-bj, the building trades, grocery stores and the grocery store unions, that's a partial list, and we're getting granular daughters about where their employees and members travel from and to, and to the extent we can, we're going to tailor service to accommodate their needs. i'll turn to sarah in terms of the alternative service program. >> sure. thanks. so like pat said, 10,000 to 11,000 of our riders travel between 1:00 and 5g a.m. the last few weeks, we now what subway stops they use, and we know a lot of destination situation, we're a public transportation agency, so we have to prioritize bus service. most places the subway headways were about 20 minutes, so we'll have bus service that matches that. if you were depending on the subways, we're going to try to match bus service. >>> all right. we were listening to governor andrew cuomo. he's turned the briefing over to someone else. those of yo

rich trumka head of the afl-cio. he didn't have to stick around as as long as he did to talk about that, as apolitical as you can get on an issue that's near and dear to all of us. and space travel, we're revisiting that with another crack at ending our nearly 10 year long ride of hitching a ride with the russians. right now we have jim bridenstine, the nasa administrator. jim, always good to have you, i'm sorry under these immediate circumstances here, but i was thinking, you know, you were beyond, jim, the space program has a long and storied role in sort of lifting us up when we're down or weighed down by protests and violence, throughout the 1960's and the magic of the space race and the apollo program and ultimately capping a decade by landing a man on the moon in the middle of a war and racial riots and the like. so once again, we're looking at a launch that hopefully will lift the nation up in the middle of something like this. how do you feel about it? >> i think you're right, neil. we look back into the 1960

i know that's a fight with the a afl-cio. thank you for joining us this morning. >> thank you >> carl? >> we'll see you this afternoon on "closing bell." >>> good morning, welcome to "squawk alley. i'm carl quintanilla with morgan brennan and jon fortt coming to you live from separate locations. we did have a bit of a bounce at the open largely due to boeing but settled back a bit, the markets having to handle all kinds of things. the data flow, claims no good once again, but pmi and philly fed did show some sequential improvement. more china rhetoric this morning. we're looking at the structural shift in share in retail jon, it's been argued that market is getting a little tired going into a long weekend and the 10-year back to 66 basis points, of course we had 74 earlier in the week sort of reflects that. >> it does indeed. let's talk about it. they join us now to break all of that down. good morning, guys. >> good morning. >> tobias, your target for the s&p in june 2021 just a bit higher than where we are right now. 3160 g

president of the united food and commercial workers union and cooper carraway president of the sioux falls afl-ciove you with us. cooper, let me start with you. what condition is the smithfield plant in? granted they're not here to speak for themselves. in your view, will it be ready to partially reopen tomorrow? >> well, we've been very disappointed with the company's response thus far. you know, when they didn't cooperate when the cdc came in and did their investigation after it became the number one hot spot in the country, it didn't provide the cdc all the information they requested. and now because of donald trump's executive order, they're opening back up prematurely. and so it's an unfortunate and frustrating situation for the workers here. since the management didn't cooperate, now workers are unsure about the type of facility they're going to be reentering. >> smithfield and jbs are welcome to participate in the discussion. that is a standing offer. kim, what is your assessment of the conditions at the jbs plant there? >> the plant reopened on the 24th of april despite the health departme

i know that's a fight with the a afl-cio.ning us this morning. >> thank you >> carl? >> we'll see you this afternoon on "closing bell." >>> good morning, welcome to "squawk alley. i'm carl quintanilla with morgan brennan and jon fortt coming to you live from separate locations. we did have a bit of a bounce at the open largely due to boeing but settled back a bit, the markets having to handle all kinds of things. the data flow, claims no good once again, but pmi and philly fed did show some sequential improvement. more china rhetoric this morning. we're looking at the structural shift in share in retail jon, it's been argued that market is getting a little tired going into a lon

relations with china during the covid-19 pandemic and tensions regarding hong kong. and then afl-cio's richard talks about his organization's efforts on behalf of workers directly affected by the pandemic and dr. marshall bloom, associate director for scientific management at the nih rocky mount laboratories on the investigations of infectious diseases. watch c-span's "washington journal" live at 7:00 eastern this morning. join the discussion. the speaker pro tempore: the chair will ask -- the house will be in order. the house will be in order. the chair will ask all members in the chamber as well as members and staff throughout the capitol and members wherever you are to rise for a moment of silence in

guests include the lieutenant governor of illinois and afl-cio president richard trumka. ing conversation as efforts are being made to get economies back up and running. there you have it. there are the markets. lower once again. this is bloomberg. ♪ david: from new york to our bloomberg television and radio audiences worldwide, this is "balance of power" where the world of politics meet sort of business. we will first go to abigail doolittle. an interesting day and the markets because china drove it down and then the banks are bringing it back. abigail: a roller coaster on the day. this is the kind of day a lot of traders lived for. at one point we had the major averages all down more than 1.5%. not so long ago the dow had been higher. the s&p 500 in middle territory, down .75%. do your point, there were fears around china tensions reigniting between president trump and president xi, but at this point investors looking past that because of what you are saying. the banks are up .6%. remarkable, lows down sharply, at one point up 1.6%. this is the beaten-down sector

you know, in addition to robert solo who is an economist won the nobel prize in economics and otto eckstein afl-cio was represented, the ceo of westinghouse cooperation was represented, the chairman of the board of ibm was represented. this particular commission had representation from both social services, politics, industry and several other sectors. hineman made a conscious decision when he decided to hold the hearings, he was going to challenge the expertise of the experts. so he was calculated in insisting that hearings were going to be a part of the investigative strategy. i think both to destabilize the idea of expertise coming from statisticians in washington but also to very legitimately and genuinely try to educate commissioners who hadn't grown up with the experiences of poverty. >> i guess my sense of this -- well, first of all, it agrees with yours, but a lot -- and a lot of these people are chosen for general wisdom. general sagacity. they have impressed other notables like themselves with this particular quality. not everyone has. i've looked at it in myself for years and years and a

the covid-19 pandemic. tensions regarding hong kong as well. trumkahe afl cio richard talks about his efforts on behalf of workers directly affected by the pandemic. then, dr. marshall bloom, associate director at the nih rocky mountains laboratories on the labs current and previous infectious diseases. "washington journal" is next. host: good morning, it is friday, may 29. we begin in minneapolis where a state of emergency was declared. yesterday, minnesota's governor activated the national guard and late last night, president trump said he was ready to assume control of the situation after angry demonstrators overran and set fire to a police station during the third straight night of protest of the death of george floyd, an unarmed black man, who died at the hands of a white police officer. if you live in the eastern or central ti

workers back safely earlier this week you and afl-cio leader had tart responses that osha extend warnings or prescriptions having to do with airborne risks in the workplace. could you tell us why you responded the way you did to him and why you disagree with what he is calling for? >> osha which is the occupational safety and health administration part of the labor department is focused on covid-19 in the workplace extremely early on providing extensive guidance i think we have nearly 20 different documents out now providing guidance, very focused now on safe reopening in a variety of industries. we also have enforcement tools that if we have to we'll use in the case of companies that aren't keeping workers safe. very important to us we have a disagreement about the exact means to proceed here. we think the plan we're using guidance, enforcement if we need to, is right approach. i think what's a mistake is some people out there, former obama administration people, saying osha isn't doing anything. that's just flatly untrue. osha staff are working extremely hard to keep our workers safe. american people need to know that so do american business