>> ambassador volcker was clear. why not release the transcript you can see what investor volcker told us? there is no wrongdoing. he was completely no quid pro quo. on the call no quid pro quo. , the democratic chairman said no quid pro quo. adam schiff continues to have this bias against the president. >> i do believe we will get to hear from the ambassador but only when there is a fair process. this is not a fair process. we spent more time with ambassador volcker than adam schiff did. you may have noticed he came out here to the press. he gave this benign thing and raced off to a fundraiser. this has to be a fair process. when you have a press release being drafted by our democratic colleagues cherry picking text messages when the full text of ambassador volcker's testimony last make -- last week would have been exonerated this president, let's release it. i'm all for bringing the ambassador in, but only after we released the full -- reporter: are you concerned about the president asking a foreign government to i

you know ambassador volcker. at 4:00 we were just learning a little bit about this 9 1/2 hour deposition, it hadn't wrapped up yet. if you could respond to what the congressman just said that he didn't answer directly but after 9 1/2 hours of testimony, he believes there are state department officials who understand that the military aid was connected in some way to that request to dirty up the bidens. >> well, that's because there's another ambassador, an acting ambassador, not a household name, nicolle, his name is bill taylor. he's a former ambassador to ukraine that went out there and is serving as acting ambassador. now reporting says that this is crazy to link those two things in a conversation with mr. volcker and our eu ambassador. and i just want to underscore another piece that connects some of these dots. if you go back and look who was on the delegation, the presidential delegation to the inauguration to president zelensky, it was led by secretary perry. but kurt volcker was also on that trip. and the

i know kurt volcker. i know from a source close to the investigation a bit of what happened today, a bit of the context, i guess. again, this is secondhand. at least. but essentially it seems that what volcker was trying to do, and i've known him a long time so i'm giving him a lot of benefit of the doubt, was to try to maneuver the situation so that he can get president trump to meet with president zelensky, the new ukrainian president. he thought that giuliani was feeding a bunch of garbage that he had heard from some ukrainians, one ukranian in particular, to president trump, and he needed to just get the truth from zelensky. the problem that is kurt volcker is the envoy, the president's envoy. the president should be listening to kurt volcker, who's a long-time -- never mind he was appointed by trump, he's a long-time foreign service officer for many years before he got out and started to work for the mccain institute. so president trump should have been listening to him, but he was listening to rudy

that's one answer to why volcker assisted in court and aiding meetings between ukrainian officials and the personal attorney of president trump do i would usually ani who has been spearheading apparently this effort to dig up dirt on transport opponent ok for now heidi thank you very much indeed a sense other news now the iraqi prime minister is calling for calm after 3 days of and see government protests left at least 31 people dead and 11 alone were killed on thursday. he has asked for sisters to raise their demands with his office so a solution can be reach the iraqi president salsa crackdown on corruption sacking a fire isn't government employees says widespread anger against a lack of jobs and purpose is iran come as the latest from baghdad. they defied the curfew imposed by iraq's security forces. and for not following soldiers orders bullets were fired at the. government demonstrations in the capital baghdad for the past 3 days have also spread to other cities such as bus or the city yet a number of as the violence escalated security forces blocked major roads i mean today it is

. >> kurt volcker, the ambassador was relatively unknown until his name came up several times and was a lower complaint, the former special envoy to ukraine resigned shortly after the complaint went public. tonight after his 10 hours of closed-door testimony on the hill republicans say was a transparent and credible witness who gave no indication of a quid pro quo by the president's with respect to ukraine. katherine herridge reports from capitol hill. >> reporter: former special envoy to ukraine kurt volcker navigated congressional security, and the closed-door interview with investigators, he resigned after the whistleblower complaint alleged he tried to, quote, contain the damage from rudy giuliani's ukraine investigation and advise the new ukrainian leadership how to, quote, navigate demands the president made to volodymyr zelinsky in the july 25th on college republicans said volcker's testimony was a bust. >> nothing that coincides with what democrats are saying with their impeachment narrative. >> while releasing text messages, giuliani emphasized he gave the state department hi

the texts were provided by kurt volcker, who testified behind closed doors yesterday. >> on july 25ththe morning of the now infamous phone call between the presidents, volcker texted a top zelensky adviser. heard from white house, assuming president z convinces trump he will investigate/get to the bottom of what happened in 2016, we will nail down date for visit to washington. a source tells us the ukrainians responded by drafting a public statement committing to investigate corruption. the state ultimately made it to the president trump's personal attorney rudy giuliani. giuliani said it did not go far enough and suggested adding references that would imply investigation of joe biden and his son hunter and the 2016 election. >> the newly released texts also show a top u.s. diplomat was concerned, president trump withholding hundreds of millions in military aid would amount to a quid pro quo. the senior u.s. diplomat in c w ukraine texted saying -- sondland responded, call me. >> on september 9th, taylor spelled out his concerns, as i said on the phone, i think it is crazy to withhold

which volcker can see the right and which reflected the interests of certain ukrainian politicians you know ukraine in this current stage from the political perspective for you think volcker will be protected by the by the democrats by their establishment republicans which still exist because for them ukraine is the friend everyone who supports ukraine is also a friend. of the right. i think volcker will not be accused right walter will be used as an instrument against donald trump it's interesting you say that because i mean they conflict compare this situation to something that happened to for example general flynn who was a man who was decimated politically for simply appearing at artie's dinner and sitting at one table with live near put it out even exchanging any any war it's imagine him being involved in trying to arrange meetings with u.s. presidents associates all be have of president bush and i mean he would have been in prison till the end of his days were over the whole russia gate was artificial from the very beginning. it was a huge huge hypocrisy from the very beginning b

as i say, i think the volcker statement is damaging. there's a lot of smoke there.uestion is, when the whistle-blower testifies, other hard evidence, other witnesses that come up, either the case will rise or fall. at this point, i think democrats see that nancy pelosi admits they don't have republican buy-in on this. >> shepard: yep for sure. great to see you, chris. >> i just want to say how proud i am of mississippi. they didn't lose by 38. they lost by how many? >> we won the first quarter. resoundingly. >> there's four quarters in the game. >> shepard: on the road, we won the first quarter. and our offense was better, our young quarterback look good. progress, chris. >> 25 points? >> shepard: a few touchdowns. >> okay. >> shepard: we got vanderbilt this weekend. seven-point favorite. i know you'll be there. >> that's a cupcake gauge. >> shepard: show your gold. anchor down. vanderbilt fans are prouder than that, chris. harvard. whatever. >> that's right. a football power for you. >> shepard: we'll be watching "fox news sunday" this weekend as we do every sunday

volcker also confirmed ukraine was not even aware that the u.s.old on financial assistance was there until long after it was made public, long after the president's call with ukrainian president zelensky. and according to a partial transcript of volcker's testimony just released earlier, quote: the issue of a hold placed on security assistance to ukraine also came up during the same time. i was, well, connecting mr. urmak and mr. giuliani. did i not perceive these issues utilized by a president who loves to negotiate and in this case more funding from other european countries like they talked about in the transcript if you read it. and by the way, most impacted by ukraine's conflict with russia. both ukrainian president and our president said yeah, european union is not doing enough. nope, germany is not doing enough. france is not doing enough. by the way, one more thing, volcker also reportedly testified president trump's concerns were very valid and real like we have been telling you. meanwhile democrats' impeachment inquiry is anything but val

fox news was first to obtain the texts between volcker, u.s. ambassador gorden sumland and william taylor. taylor texted are we now saying that security assistance and white house meetings are conditioned on investigations? someone responds call me. >> there was -- the president made it crystal clear to other representatives that were part of this text exchange that there was no quid pro quo. that's not what this situation was about. >> those text messages volcker handed over provided the timeline and give other lawmakers avenues to investigate. >> dana: no rest for the weary on capitol hill. house intelligence committee adam schiff is getting called out for comments he made about the whistle-blower. in fact, "the washington post" fact checker giving him four pinocchios claiming that his panel had not spoken to the person behind the complaint that set off the impeachment inquiry. joining me now mark, let me read to you adam schiff tweet add response to "the new york times" article. he said this. >> dana: schiff, if you're going to go down this

i think volcker will be a q. sed right walker will be used as an instrument against donald trump it's interesting you say that because i mean they think compare this situation to something that happened to for example general flynn who was a man who was decimated politically for simply appearing at artie's dinner and sitting at one table with live near put of the doubt even exchanging any any war it's imagine him being involved in trying to arrange meetings with u.s. presidents associates all be have president bush and i mean he would have been in prison. the end of his days well of the whole russia gate was artificial from the very beginning. that was a huge hypocrisy from the very beginning because law there is lots of foreign intervention into american domestic politics you know take easily and it's legalized i mean it is and it's legalized last and that it will 'd be absolutely again they could easily look at these rail loophole in the american domestic and foreign policy it right know well 1st russia is cons

inquiry volcker is the 1st key official to testify as investigations into trump's dealings with ukraine ramp up that house intelligence foreign affairs and oversight and government reform committee is will question volcker behind closed doors kurt volker resigned from his post on friday after a whistle blower's complaint emerged that said trump trying to to pressure ukraine's president to investigate democratic rival joe biden and his son will focus said to have connected trump's personal lawyer richie giuliani with ukrainian officials volkers also one of the witnesses that secretary of state mike paled tried to blog from appearing before congress will just a few minutes ago trump said he could ask both china and hugh crane to investigate his democratic rival joe biden and his son. they should investigate the bike because that is a company that really formed well these companies that you look at and by the way likewise china has started investigation into the bike because what happened in china is just about as bad as what happened with. with ukraine so i would say that president saleh

we thought he was going to reinforce exactly what ambassador volcker told us last week.of the house who says we need to strike while the sirn hot and a chairman of the committee who is so biased against this president that he wouldn't even tell us that he had met with -- his staff met with the whistle-blower prior to the whistle-blower filing the complaint. this is a pattern with mr. schiff. he did the same thing, the first big hearing the democrats did this congress. michael cohen. he didn't tell us his staff met with mr. cohen for hours prior to mr. cohen testifying. he didn't tell us last summer he met with mr. simpson in colorado, palling around with the guy. so this is a pattern. we were hoping to hear from the ambassador today but we understand exactly why the administration, exactly why the state department has chosen to say, look if it's going to be this kind of process, if you'll selectively leak text messages, 67 pages of text messages we had. they take a handful of them and release to all of you and not give the full context and not release the transcript, we

curt volcker will be the first to be interview. -- played a al ole. powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. tom: thanks so much. i'm glad you led with hong kong this. it will be an extraordinary watch thursday evening on to friday. on the a item out wouse weekend. a lot going on here. there is a lot of nuance within a still strong dollar yet euro picks up lake-effect. oil down. the vix showing 20.0. the two-year yield at 1.47

>>> outside of the diplomatic community it's safe to say the name kurt volcker was unknown.t all changed a couple weeks ago when volcker resign ed a da after a whistle blower complaint went public. in the days since, volcker has turned over text messages to congress, texts that show how president trump and others pressed u krarn to land a meeting. in one message, volcker texted the following, heard from white house, assuming president z convinces trump he will investigate get to the bottom of what happened in 2016, we will nail down date for visit to washington. that text was sent the same day the discussion between trump and zielinski happened. zielinski was committed to cleaning up corruption. james melville is the former ambassador to estonia. >> you have been friends with kurt volcker for years. what do you make of his ininvolvement here, and how did a career democrat get caught up in all of this. >> thank you very much for including a foreign service perspective into the discussion. we met when we both served back in the '90s. kurt rose quickly to the highest levels of

we do know that volcker met the former u.s. special envoy to ukraine.e was mentioned specifically in this whistleblower complaint and it is complained that one day after the phone call between president trump and the ukrainian president, card volcker alongside the u.s. ambassador to the eu met with resident zelensky in which it was believed that they gave him advice on how to navigate trump's request. what is interesting is that crippled were also handed over documents before his appearance and also looted in that art text messages that he had with rudy giuliani. giuliani is the president's private attorney. as i said, the testimony is taking place behind closed doors and while all this was taking place today, we had some rather extraordinary comments coming from president donald trump. brent: the scandal appears to be multiplying. trump now says that both ukraine and china should investigate joe biden and his son. let's listen to what he said today. >> they should investigate the bidens because how does a company that is newly formed and all these comp

report, the whistle-blower alleging volcker had involvement in the conversations with the ukrainian president. he was one of people on the hill he wanted to speak to over the course of the recess. in the meantime the testimony of a former u.s. ambassador to ukraine, scheduled for today, that's pushed into next week, likely next friday. both potentially important in the impeachment probe. >>> parliament is back in session. a former prosecuting attorney is facing criminal sanctions. vi he met with rudy giuliani. matthew? >> reporter: that's right. ukrainian officials have been tightlipped about this. they don't want to be sucked into this. president trump in the white house transcript with him on july 25th was talking about digging up dirt on his presidential challenger was from appeared yo. that relates to when joe biden was vice president in 2016 and he was in conversation with poroshenko. i got a chance to confront poroshenko about what vice president biden had to say to him at that time. take a listen. did you know your prosecutor general was meeting giuliani? >> no. >> did you se

and adam schiff is now back in that closed door hearing with her volcker volcker could prove to be a pivotal witness for democrats and their impeachment inquiry efforts volcker resigned from his government post last week just hours after his name came up in the whistleblower reports that accused trump of pushing ukraine's president to open this investigation into joe biden and saying that her volcker a special envoy to ukraine was part of that effort having been sent to ukraine the day after this call was made to try to help ukrainian officials navigate trumps demands now volcker has been seen as a career professional in the foreign service he did resign as soon as this came to light yesterday last week and so democrats are hoping that he will have an open and honest testimony with them today he did bring quite a few documents this morning which may detail communications that he had with the white house and may shed some light on what exactly the president's thinking was when he laid on that pressure whether or not trump as democrats believe was trying to use a military aid package t

closed doors about his role in trump's attempt to prod ukraine's president into investigating the by volcker was trump's special envoy for ukraine until he resigned last week white after a whistleblower filed a complaint about the now famous phone call between trump and the ukrainian president will be as alinsky congressional democrats say trump's efforts constitute abuse of power which is an impeachable offense it's all right for more now let's take this story to washington my colleague is standing by good evening to you. so the 1st inquiry or the 1st hearings into what could be a long long road ahead or a short road who knows when will we know or do we know exactly what kurt volker said today. no because of course brant this is happening behind closed doors but we do know that you know kurt folk are of course now the former u.s. special envoy to ukraine and you know he was mentioned specifically in this whistle blower complaint and it's claimed that just one day after that phone call between president trump and the ukrainian president selenski volcker alongside the u.s. ambassador to the e

jillian: what was it kurt volcker said?had text messages that showed that as what, specifically one from july saying it is important for volodymyr zelinsky to say he would help the investigation. a lot of people look at the wording in these messages and say on the one hand it doesn't implicate anything but on the other hand it doesn't look good. >> this is a whole debate. the question is was there an attempt to exchange public value, better diplomatic relations and the like. and the political gain for the campaign. and joe biden, $1 million, and trading diplomatic value for it. what do the american people think of this? >> republicans think he's going after corruption and others think it is joe biden. here's the democrat responding to what he heard yesterday. >> i will describe giuliani as a shadow shakedown. rob: a lot keep going back to i have a favor but you need to remind people he wants a favor looking at crowd strike and the start of the mueller probe. he doesn't say i want a favor and then say investigate joe biden p

kurt volcker.porary ambassador for u.s. and ukraine and gordon sunland ambassador to the eu. let's read these text messages and talk about it. bill said as i said on the phone i think it's crazy to withhold security assistance for help with the political campaign. gordon sondland bill, i believe you are incorrect about the president trump's intentions. the president has been clear no quid pro quos of any kind. >> some these were released last night and yesterday afternoon with an ah-ha by democrats. they were trying to connect the allegation is holding back as i referred a moment ago u.s. aid hundreds of million dollars of dollars to ukraine unless the president got what he wanted. steve: because that would be illegal. >> because you had a quid pro quo. it's very clear from that exchandz that at least one of the democrats saying no, no, no. the president is not tying these two together. ainsley: because i think you are incorrect. ed: are the democrats going to look at this fairly and look at the wh

volcker had to say? >> according to number of different sources and number of different reports, kurt volcker was eager to share information with lawmakers today. he said a ber of things including he was not personally involved with presi tnt trump tryipressure ukraine to investigate joe biden. he also said he tried to warn rudy giliani, the president's personal attorney, against using any information coming from ukraine. he said none of that is us orth and you shouldn't be using that. he also said it was un-- wasn't unusual for ukraine's military aid to be held upven though eventual released. so it's interesting to follow and fook a whether or not kurt volcker's statements are geng towith what democrats are look for and how that will impa the impeachment inquiry. it's important as i was saying president trump talking about china, next week we'll have chinese negotiators meeting with the u.s. and the president isyi i'm going to use the military -- the economic might, rather, of the u.s pressure china pos

i watched in all of those transcripts of what people have been saying inside the investigation, volcker and others, there was no quid pro quo. reporter: following occupy on that. mick mulvaney said one thing and the exact opposite in his statement. so which one do you believe? mr. mccarthy: i think he clarified his statement to be very clear. i take mick mulvaney at his word for clarification. but more importantly, those individuals who come before the committee, that have been investigated, from volcker and others, that were in the place of knowledge, have said there was no quid pro quo. you have the transcript of the phone call as well. you see there's no quid pro quo. i know adam schiff wants to create something that's not there. he said somehow that a whistleblower, that there was. we now have the transcript. so we have as much knowledge as verybody else as well. reporter: can i ask you whether you thought mulvaney's performance yesterday helped the president's defense? mr. mccarthy: i thought mick was very clear in cleaning up his statement. that there was no quid pro quo. everybod

not on the committees of jurisdiction, colleagues that have tried to go and read things like the volckerave tried to attend some of those hearings and have been turned away if they are not on the committees of jurisdiction, colleagues that have tried to read things like the volcker testimony and have been turned away, denied the ability to do that. there is a real concern that there is an attempt to impeach a president of the united states, remove a president who was dualy elected using a process of

and of course something to remember, volcker abruptly resigned after the release of the whistle-blower complaint and the transcript of the trump phone call. also the former u.s. ambassador to ukraine was scheduled to appear today. her testimony has now been moved to next friday. >> thank you very much for all of that background. the state department's inspector general will give an urgent matter of some kind to congressional staffers in just a few hours. what does he want to reveal? how will this impact the impeachment inquiry? all of that is next. >> i think this is the mystery of the day. if you have postmenopausal osteoporosis and a high risk for fracture now might not be the best time to ask yourself are my bones strong? life is full of make or break moments. that's why it's so important to help reduce your risk of fracture with prolia®. only prolia® is proven to help strengthen and protect bones from fracture with 1 shot every 6 months. do not take prolia® if you have low blood calcium, are pregnant, are allergic to it or take xgeva® serious allergic reactions, like low blood pres

russia might be known for its volcker but it seems fewer and fewer of its people are drinking it a new study by the world health organization has recorded a 43 percent drop in alcohol consumption in 2003 to 2016 is being attributed to a big government push to change drinking habits over the same period russia's life expectancy has also increased dramatically. this is al jazeera and these are the top stories a teenager is in a critical condition in hospital after being shot by police at close range during violent protests in hong kong people have gathered at the victim's school to hold a silent protest choose those protests coincided with celebrations in china marking 70 years since the communist party took power. is in hong kong with more no major organs were hit but he's still in critical condition he underwent surgery when he arrived here late on tuesday we know that his lung collapsed and he was hit in the chest earlier police identified it more easily in the shoulder but no it was squarely in the chest because there was a collapsed lung as a result and he's still in critical condit

let me explain to you about -- >> i want to ask you -- >> let me answer about volcker. internal texts, they reached out to me. i finished my investigation, they reached out to me, asked me to talk, did it on their direction and control, i reported back to them, discussed with them, their idea, not my idea. they asked my advice. i didn't tell them he must, he should, he must, i said i gave them my advice what would -- the corrupt ukrainian government that has been corrupt for a long time, that it was willing to root out corruption no matter who it hurt, without fear of favor, the way our agency should do but don't. we have a corrupt system going on with a double standard. not broken, we will continue to have an alienated america. the wisdom to see that. >> how do you backup your charge that members of the biden family were cashing in on his political -- >> 100 newspaper articles going back to the 80s saying his brother was selling his public office. i get one or 2. his brother, people all around the world who want to invest in joe biden. that is james biden. we have an i

house democrats releasing text messages provided by volcker showing president trump wanted ukrainian president vladimir zelinsky to agree to launch investigations into former vice president joe biden before meeting with the newly elected leader bowker texting ukraine's top diplomat andre, your mac less than an hour before trump's call with zelensky writing heard from white house assuming presidency convinces trump. he will investigate get to the bottom what happened in 2016. we will nail down day for visit to washington. according to president trump last month. but senior us diplomat in ukraine bill taylor questioning if that's the case texting on september 9th. i think it's crazy to withhold security assistance for help with the political campaign. more than 4 hours later ambassador gordon, some and responding. i believe you are incorrect about president trump's intentions. the president has been crystal clear. no quid pro quo ys of any kind. the text messages also revealing just how involved trump's personal attorney rudy giuliani was in setting up the call between trump and zelens

house democrats releasing text messages provided by volcker showing president trump wanted ukrainian president vladimir zelinsky to agree to launch investigations into former vice president joe biden before meeting with the newly elected leader bowker texting ukraine's top diplomat andre, your mac less than an hour before trump's call with zelensky writing heard from white house assuming presidency convinces trump. he will investigate get to the bottom what happened in 2016. we will nail down day for visit to washington. according to president trump last month. but senior us diplomat in ukraine bill taylor questioning if that's the case texting on september 9th. i think it's crazy to withhold security assistance for help with the political campaign. more than 4 hours later ambassador gordon, some and responding. i believe you are incorrect about president trump's intentions. the president has been crystal clear. no quid pro quo ys of any kind. the text messages also revealing just how involved trump's personal attorney rudy giuliani was in setting up the call between trump and zelens

as a result he considers volcker a great man.owledging trump's criticism, but suggesting that it won't influence him. maybe he is protesting too much. here to discuss, phil blancato. i am concerned, phil. he is human, jay powell. we thought the fed would cut, they didn't cut, thought they would go 50 but went 25, to spite trump, is that a possibility in your mind? >> i think they both want the same thing, a strong u.s. economy and be shielded against the rest of the world. how they get there are different. remember a bunch people voting on fed, not just him. his comment about volcker raise your eyebrow, make you concerned. in the end i don't think he would motivate himself to do something wrong. he is trying to protect what he has done. charles: you don't think he would put his ego ahead of his job. >> i think they have done a good job. our economy is still relatively strong. gain fully employment. we're not overly inflated. not hot anywhere in the economy. to that point i would defend him. charles: we have to acknowledge though

book under your arm and i'm curious, what lessons did you learn from paul volcker and what lessons areg through your chairmanship? >> i've known paul volcker since i was an assistant secretary in the treasury in 1982 or '1 and at that time, he had relatively recently left the fed and i was frightened of even meeting him, so intimidated by this global figure and he couldn't have been nicer and more interested in, you know, help megaaing me and supp me and we kind of kept up so he was really -- it was a great person to know and i've read numerous accounts of his life, but this book, if you haven't read it, really sums it up well i don't think there has been a greater public servant in our broad area in our lifetime and he really just did exactly what he thought was the right thing all the time and let the chips fall where they may. he was famously booed at a washington bullets basketball game when he had rates very high, and they were then called the bullets. so he's a great man. i'm still in touch with him. so i actually thought, i should buy, you know, 500 copies of this book and just

now, volcker's testimony took place behind closed doors so we don't know exactly what he said.ut while he was talking in private, donald trump was letting loose on the white house lawn. >> this is just breaking, president trump leaving the white house, calling on two different foreign governments to investigate his political rival joe biden. >> so i would say that president zelensky, if it were me, i would recommend they start an investigation into the bidens. china should start an investigation into the bidens, because what happened in china is just about as bad as what happened with -- with ukraine. >> trevor: this guy is unbelievable. ( laughter ) he's already facing impeachment for asking ukraine to investigate joe biden, and now he's, like, you know what, china? get on it, too, you jump in as well! ( laughter ) trump may be the only person on earth who thinks two wrong do make a right. he's probably in his mind, yeah, it makes sense, don, jr. and eric cancel things out, that means i only have ivanka. works, people. totally works. ( laughter ) now as the scandal develops, m

i, you know, i've known paul volcker since i was assistant secretary in the treasury in 1982 or 1 andime he had just left, relatively recently left the fed. i was frightened of even meeting him. so intimidated by this global figure and he couldn't have been nicer and more interested in you know, helping me an supporting me and he kind of, we kept up and so he was really, he was, it was a great person to know. and i have read all, i read numerous accounts of his life but this book, if you haven't read it, i think sums it up really well. i don't think there has been a greater public servant in our broad area in our lifetimes. i mean he really just did exactly what he thought was the right thing all the time, he let the chips he was famously booed at a washington bullets basketball game when he had rates very high, and they were then called the bullets. so he's a great man, i'm still in touch with him. i actually thought i should buy, you know, 500 copies of this book and just hand them out at the fed. i didn't do that, but it's a book i strongly recommend and, you know, we can all hope

there are changes in the volcker rule which are pretty simple and go back to what paul volcker originally conceived of. the qualitative tests that the federal reserve had, that makes sense. you do an annual supervisory letter. that meets the test. i am not at all for junking the regulatory framework we have. meansks, it is good, it banks are in a much more prudent liquidity position. the question is when is enough enough. >> we had a hiccup in the repo market. you have said it's an issue providing liquidity. regulatory issue, market issue, plumbing issue? >> a little bit of both. i must tell you why when you talk about coordinating between different policies. you want liquidity in the system. today,ty in the system about $4 trillion. that is how much liquid assets banks on between deposits for the fed, repose, treasuries, and other stuff. you are at a point where that 4 trillion can never be used for anything else. days would have in your checking account with the fed very little money. they wanted more money, so you never had a negative balance. we always had negative balance in the fed.

volcker resigned last week giuliani defiant, slamming house democrats and congressman adam schiff >> i would really love to challenge the illegitimacy of this committee i can't see how you can have a committee run by a guy who has judged the case already. >> and that was kristen welker reporting. >> now that the trial that has captivated the nation, a former dallas police officer accused of murder after shooting and killing her unarmed neighbor inside his own apartment the jury is now weighing the fate of amber geyger nbc's gabe gutierrez is at the courthouse where closing arguments took place >> jury deliberations are set to continue here later today after seven days of testimony. if convicted of murder, amber geyger faces up to 99 years in prison >>> amber geyger's fate is in the hands of a jury, eight women and four men must decide whether the shooting death of botham jean amounts to murder >> now this jury will make a determination whether or not his life mattered. >> reporter: in dramatic testimony on friday, geyger, a former dallas police officer, apologized >> i wish he was th

during the break, the republicans said volcker *'s testimony was a bust. while releasing his text message. vohker said he gave the state department his bind research and on the july 25 phone call that sparked the whistleblower complaint. voker texted giuliani. in another series of encrypted text messages, senior diplomats discuss the administration's suspension of military aid to ukraine. ambassador taylor texts i think it's crazy to withhold security assistance for help on a political campaign. the response by a campaign donator says i suggest we stop the back and forth by text. >> friday the intelligence community watchdog michael atkinson will testify behind closed doors. lou? lou: newly released documents paint a damning picture of former deputy attorney general rod rosenstein's role in the attempted overthrow of the president. judicial watch obtaining hundreds of thousands of rosenstein's communications and one was written three days after the firing of james comey. in the people he assures robert mueller said the boss doesn't know with our discussion

envoy volcker to a ukrainian aide: heard from the white house.ing president z convinces trump he will investigate, get to the bottom of what happened in 2016, we will nail down day for visit to washington. august 10th, ukrainian aide to volcker: once we have a date for zelensky to visit trump, we'll call a press briefing announcing upcoming visit and outlining vision for the reboot of u.s./ukraine relationship including other things barisma -- the company where hunter biden was on the board -- and election meddling and investigation. finally september 1st, the top u.s. diplomat in ukraine, bill taylor, to ambassador: are we now saying that security assistance and white house meeting are now condition on investigation? sunland: call me. he later says there was no quid pro quo, but i've got to tell you, you read these e-mails before and after -- and i just took three -- it seems ukrainian officials and top american officials sure saw a quid pro quo. >> yeah. chris, it's just not true . this is a great example of the dishonesty of how this investiga

as nurse we can tell though from what's been said publicly ambassador volcker was responded to requests. to present the landscape to make contact with giuliani so his role was relieved of contacts and that was a helpful thing to do because it was important contacts on issues like the political issues like that not be done in official channels but be done in private channels. it took about rudy giuliani the house intelligence committee a subpoena documents from. rudy giuliani trump's lawyer who allegedly worked with ukrainians to investigate joe biden at how normal is it to have a private citizens rudy giuliani is involved in a country's foreign affairs. various presidents that various times have made use of private citizens to negotiate. various activities for example spy swap in one case president roosevelt was franklin roosevelt was noted for using a variety of channels of communication so it really depends on the president but for the most part in modern times president searchers a state of tend to rely more on official channels that's more reassuring too for governments they prefer

held up a phone to show there was dialogue between kurt volcker.cond. the whistleblower contacted the committee for guidance how to report possible wrongdoing with the jurisdiction of intel committee. this is regular occurrence give the committee's oversight role and consistent with the committee longstanding procedures. the committee advised whistle whistleblower advised the to contact an inspector general and to seek legal counsel. at no point did the committee review or receive the complaint in advance. leading to jerry nadler's brilliance, he went quiet for a while. there is a report one of his staffers traipsing through the ukraine doing what, we're not sure. ainsley: andy mccarthy, former assistant u.s. attorney fox news contributor was on with us earlier. this is what he had to say. weighed in on it. >> now that we know schiff was in the outlines of this from the get-go, what that says to me, he had about six weeks to prepare that ridiculous speech that he gave at the beginning of the, of that conference. in other words, this is something th