ahead, valerie jarrett went from inside the beltway to silicon valley.he former adviser to president obama now sits on the board of lyft, and says its culture of inclusion set them apart. this is bloomberg. ♪ shery: this is "bloomberg markets: balance of power." i'm shery ahn. david: i'm david westin. her position as senior advisor to president obama, valerie jarrett has taken on several new roles, at the obama foundation, but most therestingly is her role as first independent director and second woman on the board of ridesharingi service. she joined me this morning to talk about what led her to lyft. valerie: what attracted me was their mission, to improve the quality of lives of people they serve through providing the best .ransportation possible i chair the board of the chicago transit authority for eight years, so i know about how transportation fits into the fabric of our urban environment and can improve it. there are core values, the way they run their business will make people's lives better. the people starting at the top, leadership, set a tone

they do it because they think they provide better service that way. >> valerie jarrett, the former senior adviser to president obama. is goingman of the fcc on the defensive, defending his plans to repeal net neutrality. issue witheated an web companies and celebrities to dismantle the internet protections. he took aim at twitter and he said that twitter is part of the problem. the company has a viewpoint and uses their viewpoint to discriminate. meg whitman prepares to step down from her company and we talk about the challenges ahead for her successor. bloomberg technology is live on twitter and you can check us out in new york and san francisco. this is bloomberg. host: the federal aviation administration warns of collision risks between drones and airplanes. the drones can significantly damage engines and windshields on impact. incidencesmber of drones.olved that is over a 150 percent jump from a year ago. meg whitman prepares to step .own from the company we discussed why she is leaving and why the time is right for her and hpe. a transformation that might be one of the biggest in glo

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valerie jarrett has taken on since leaving the obama administration.erhaps her most interesting at the moment is her role on the board of directors of lyft. david westin caught up with her and asked why she joined. >> over the first few months of the year, i rode lyft and i would talk to the drivers, and they would say, we are treated well, paid well, where flexibility, we set our own hours. i thought that spoke aliens of the company. they made a lot of progress, it took them four years to reach 100 million customers. that's a big number. in the last three months, that is what we have done. so, they are growing exponentially and went from the beginning of this year, serving 54% of the american people. now, 95% have access. i think if you look at the track record, the values and leaders of the company, the way they deliver the service, you could not do better. i'm very pleased. >> the brand has been associated with women and women have had a significant role in lyft. something like over 40% of your drivers are female. is that right? >> i don't know if i

david: valerie jarrett, thank you for being with us.ming up, the ceo world's largest advertising willy, sir martin sorrell be joining us. we will discuss how activist investors are affecting the ad industry. if you have a bloomberg terminal, check out tv . interact with us directly. it's a fun function. rewatch anything you may have missed. this is bloomberg. ♪ david: the advertising business is having a tough year with the leading firms down more than they have been for several years. joining us in london is the dean of advertising executives, sir martin sorrell. welcome back. >> nice to be described as a dean. david: i think it's accurate. past a lotid in the of the problems you are having at wpp is because of packaged goods being really down substantially. back if itt come will? >> generally it's a long explanation. you look at disruption generally there's disruption in production, robotics, 3-d printing, the media, google, facebook. distribution, amazon, alibaba. have three things going on in our particular world. people are ver

valerie jarrett will be here on set. "morning joe," everyone, just moments away.ing ] [ click ] [ keyboard clacking ] [ clacking continues ] good questions lead to good answers. our advisors can help you find both. talk to one today and see why we're bullish on the future. yours. talk to one today and see why we're bullish on the future. nahelps protect eyesin blue from damaging blue light, filtering it out to help you continue enjoying your screens. or... you could just put your phones down and talk to each other. [laughing] nature's bounty lutein blue. because you're better off healthy. (hard exhalation) honey? can we do this tomorrow? (grunts of effort) can we do this tomorrow? if you have heart failure symptoms, your risk of hospitalization could increase, making tomorrow uncertain. but entresto is a medicine that was proven, in the largest heart failure study ever, to help more people stay alive and out of the hospital than a leading heart failure medicine. women who are pregnant must not take entresto. it can cause harm or death to an unborn baby. don't take

. >> valerie jarrett. she was the senior adviser to president obama.o talk about women in the workplace including on capitol hill. something she was very active on. about taxesto talk because she has some views about what we could do with tax overhaul. we will get to all of that. let me get to the single best chart. you have seen it many times before. a service atough treasury. this is the deficit of the nation. significant challenges in the 1980's. i will put this up for radio on twitter as well. the presumed vectors down to a greater deficit. do the senators care about the deficit? do they have a valid worry? longer-term they do. that has not been the focus for a long time because rates are low. debt service costs are going to become it porton. the debt has doubled. the government spends fewer absolute dollars on debt service than it did before the crisis. the u.s. hasr-term significant fiscal challenges but it's not on washington's radar right now. tom: you have dealt with the smart people. there's two groups of senators. some care about this and so