yellen: thank you for that question. am very encouraged to see the tremendous interest that businesses have in wanting to contribute to social infrastructure and the need that so many business leaders perceive in shoring up our social infrastructure and addressing the climate challenges that we face. the biden administration looks forward to working hand-in-hand with businesses on these objectives. of course, government has an important role to play as well, working with the private sector. our job, we think, is to provide incentives, in particular through tax incentives that will encourage the private sector to increase the supply of quality childcare, working to improve eldercare, working to train workers. government has a critical role to play, but the private sector also needs to work with us. of course, with respect to climate change, we very much look forward to working the infrastructure bill, for example, includes major incentives to improve our electric grid, to make it capable of supporting increased supply of

with more results after the bell >>> we have a big lineup coming your way treasure secretary janet yellen will join us to talk about the economy as the biden administration marks one year in officer. you don't wanted to miss that live interview joo plus the ceo of csignet jewelers. after the bell the first faang stock to report results. results from netflix when they hit the tape. >>> let's focus on the big stories to watch this hour mike santoli tracking the market mark mobius with us. mike, start with the move and the rebound we are seeing. >> it is kind 0 of a minimally acceptable rebound from a level everybody was watching we lost some grounld in the last hour, hour and a half or so. seems the downside halted where people were maybe expecting and hoping it should where? points for days at the highs here we have no way to draw at the september 2nd highs that's where we closed yesterday essentially. a lot of stuff coming together 10% pullback in the nasdaq composite. it all was fitting together that it would be where you fight get a rally. we have gotten that rally attempt. even at the

[applause] ♪ >> thank you, secretary yellen for being with us today.ed with addressing all the issues and are honored by your engagement. as a reminder, all attendees must be tested using an antigen test prior to each day during the conference. the testing center is open today and tomorrow from 6:00 a.m. to 8:00 p.m. mayors, we have important meetings listed on your agenda. this session is now complete. thank you. [applause] ♪ [captions copyright national cable satellite corp. 2022] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] ♪ announcer: c-span is your unfiltered view of government. we are funded by these television companies and more, including cox. >> we provide families access to affordable internet. we are bridging the digital divide one student at a time. cox, bringing us closer. announcer: cox supports c-span as a public service, along with these other television providers, giving you a front row seat to democracy. ♪ announcer: c-span's washington journa

[applause] ♪ >> thank you, secretary yellen for being with us today.ed with addressing all the issues and are honored by your engagement. as a reminder, all attendees must be tested using an antigen test prior to each day during the conference. the testing center is open today and tomorrow from 6:00 a.m. to 8:00 p.m. mayors watch washington journal live at 7:00 eastern on c-span. join the discussion with your phone calls, facebook comments, messages and tweets. here is a look at what is live today at 10 am eastern on c-span, the common sense society held a conference in palm beach, florida, including an evening with remarks from governor ron desantis. headache:30 a.m. eastern nato secretary-general sultan berg speaks to the atlantic council about ongoing tensions between russia and ukraine followed by discussion on nato's defense strategy with two supreme allied commander's. national security advisers from the trump, obama, and george w. bush administrative discuss global challenges facing the us. you can discuss these events live on c-span.org and on

and the captain of our economic team secretary janet yellen.e i've ever worked in the white house who are so -- such high performers consistently as julie rodriguez are head off intergovernmental affairs. [applause] her team, her entire team is so amazing and luke works with me and her on the american rescue h plan delivers over, and over again for both of us. i think of one thing everybody in this room understands is that the american rescue plan had a dual mission, to number one combat the immediate crisis we inherited in early 2021 and jumpstart our tweconomy. but number two, to ensure that we as a nation and all of you as mayors have the financial power and flexibility to invest in a durable, equitable, recovery. to take on not just the immediate but the lingering impacts of covid. and to provide all of us and you with an insurance policy at the economic disruptions in the prominent known unknown spread of covid variance. this design was wise in terms of its first goal in jumpstarting deep distress. we are not only the only nation in the g7

the last time it lifted off when it janet yellen was chair, janet yellen, longtime democrat and very much interested in an inclusive economy, was 2015. at that point, the unemployment rate was above 5%, it was 5% in december and 5.1% the month before, the date they were looking at. it is 3.9% now. it may be lower in february. or about the same. they are already running the economy a lot tighter, the labor market a lot higher -- tighter than the last time. taylor: you are echoing comments from recruiter at black wrought -- from rick at blackrock. this is raising a lot of questions in the next couple of months. how important is this when you thinking about inflation and the impacts you talked about on real wages, which are negative? steve: the outlook on inflation is very confused. what is happening to the labor market is pretty clear. it is hot, people are getting big wage gains, particularly at the lower end of the spectrum, and lots of jobs are unfilled. the reasons for the inflation gains are a little confusing and i think that is the thing the fed is really going to look at in ter

. >>> and how treasury secretary janet yellen sees a path to slowing inflation, but is she right?s friday, january 21st, and this is "worldwide exchange. >> welcome or welcome back and good friday morning, everybody i'm brian sullivan, grab another cup of coffee, there's a lot going on right now let's jump into the your money and stock futures. we are not seeing the selling that took off late yesterday, at least not with the dow dow slightly higher. nasdaq, big tech runs the show we get that, nasdaq futures are down just a touch, a couple of tenths of 1% not a huge trend today one thing i want to note is that today is a big-time options day. there is a lot of options in stocks like tesla and the macro markets we'll get more with jon najarian in a few minutes. with this, what they call the gamma trade, a little complicated, but could see -- could not saying we will but could see a lot of volatility in today's session, just something to pay attention to. >>> also this, a big warning from a big-named investor. in a note to clients jeremy granthem says stocks are in what he calls a su

treasury secretary janet yellen rebranding biden positioning economic agenda as mod are in supply-siden tax cuts deregulation seeks to increase labor supply, and improve things lining infrastructure education research joining me right now form council economic advisories chairman managing director lindsey group kevin, good to see you. thanks so much doing a great job at lindsey group give your assessment what you heard from janet yellen. >> right, you might recall monetary modern modern economics was floated by the democrats back when planning to seasoned billions and billions of trillion of dollars, and basic idea modern monetary economics government can just spend as much as it wants so it can print money now looking at really, really bad inflation the inflation reasons one spent lots of money two i think markets now think oh, kooks out there believe in modern monetary economics expectations no longer anchored to belief future policy is going to be smart janet yellen through gasoline on inflation fire at davos doubled down on, saying supply-side economics should be more than the conn

we hear from janet yellen speaking at the virtual devil's meeting. yesterday she was talking about her expectations for inflation remaining above 2%. if we are successful in controlling the pandemic she said i expect inflation to diminish and hopefully revert to normal levels around 2%. how much does this become the mainstream? it seems this is increasingly consensus, even as a number of investors pushback and say they are wrong and we are in a new inflationary environment. jonathan: cope is the key word in every -- hope is the key word and everything janet yellen said. bank of america getting my attention, january 2020, first covid-19 case, two years later, 6% of investors see covid as the biggest risk in the 12 months. the end of the pandemic equals the end of excess returns equals the end of excess asset return to the end of the next stimulus. bank of america just saying it is not ending. greg, we are trying to figure out the direction you run away from and when you buy paired what is the difference? -- by. buy. what is the difference? greg: the r

in a recent interview, yellen describe the pandemic as presenting quote, economic challenges that none of us anticipated. while admitting that inflation rose by more than she had expected, however, she says it's, it is the pres responsibility to address it. and she believe that will do just that . but while inflation remains near 40 or higher here in the us, the question becomes water. americans turning to as their chosen bat against it. well, goal just hit a 2 month high, but it's not the only option on the block right now. and even with bitcoin seeing losses this week, it's gains over the last year. have really put it in a league of its own. so where do we go from here and our, the stock market losses. we've seen this week and indicator of what's to come with . joining us out of this got to better known as your rich b, f, f. i'm tick tock and instagram. vivian. it's great to have you on the show today. now i know, as we look back over the last year, the stock market has been riding high breaking records. but now that the federal reserve is in the process of taking steps to pull back

by extension, janet yellen. you have any confidence in jay powell? >> nope you -- no. he has not expressed any reservations about green spinning, bernanke, janet yellen policy about pushing rates down. rishaad: speaking exclusively with erik schatzker. looking at the nikkei 225, the benchmark in tokyo extending its drop to over 3%. that is where it is. we have premarket trading going on in india. seeing the nifty index following the regional pattern. it is down 1.2%. here is a look at some of the nikkei constituents. 2.6% down. we have the likes of softbank and various others on the topics heading to the downside. softbank 9% lower. missoni, 6.8%. there we go. that is a look at deep declines. broad-based declines in japan. haslinda: korea down more than 2%. we will hear from a ceo on the growth plan for ages biggest producer with commodities surging. keep it here with us. this is bloomberg. sophie: -- this is bloomberg. ♪ rishaad: heading toward the opening of the trading. looking at steep declines. the nifty index, one in quarter of 1% lower. looking at nifty banks fe

al sharpton, martin luther king the third, joyce beatty, and treasury secretary janet yellen. [applause] >ounder and president of the national action network

do you have conversations with secretary yellen and informed her that she is ignoring our requests to appear before this committee and answer the important oversight questions? >> no i don't. my oversight is within the sba. and every other week. >> ppp falls within your wheelhouse as well. as far as insight and answers would be helpful as well as this committee. so with the loan program perhaps appropriately named unfortunately. the thing is was $80 billion in front over $260 billion of loans that is an outrageous figures here as well as taxpayers. ppp as you offered. that was far more successful $900 billion of loans with four.6 billion of potential fraud. a far better ratio for legitimate loans. and with the private sector. and even to expand the sole lending vehicles by members or colleagues on this committee or even your office that something you expand lending vehicles solely through the sba resources as opposed on advocating for such vehicles to be expanded to the partnership of the community bank such as the ppp loan was handled? which would you prefer? >> in my role and i rely

you know, i think janet yellen has been wonderful for me to work with. i like her so much. i've known her a long time. she's terrific. you know, the women in the white house, i have worked very closely with. so, i just think he has a really good team around him. >> you mentioned you're willing to talk to almost anyone at any point to advance the president's agenda. you're one of the cabinet secretaries who was engaged with lawmakers on the hill regularly around the bipartisan infrastructure bill and as the senate was working on that, senator collins described you to me as "a hidden player in the cabinet." and one official told many you're "fluent and republican." so, what do you do to build those relationships with republicans, especially many of whom have voted against or have blocked the majority of biden's agenda? secretary raimondo: yeah. that's very coming, by the way. talk to people. engage people. ask them to their vote. listen to their concerns. and recognize that they're valid. you know, i think that's so important. whether it's susan collins or roger wicker who is

then later janet yellen in dallas, switzerland.nnouncer: the annual march for life rally with speeches from republican representatives julian letlow of the and christopher smith of new jersey, plus granddaughter of the late reverend billy graham. this is one hour and a half. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] [captions copyright national cable satellite corp. 2022] ♪

the so-called bernanke/yellen /powell put his a little further out in the money. if the fed wants tighter conditions, they can get them. that probably means equity ends up with two or three turns of compression this year. if balance sheet runoff meets more compression, maybe somewhere in the 20 to 30 down range for equities. the ultimate trigger to reverse that would be similar to what it was in december of 2018, when the high-yield bond market froze up. whether they can actually pull this off, time will tell. but it will be a choppy process. it is one of those unique periods where fixed income and equity risk both look unappealing. jonathan: we heard from blackrock on when neutral is right now. this is the conversation we had to get to, when neutral is on the policy rate. >> i think this fed needs to get to neutral. we are still putting liquidity into the system. i think the fed needs to get to neutral. now we are rushing to get to neutral. credit markets are in good shape. the economy is still operating at a good level. i still think you will see mid to high 4's

if it did not ignite inflation remember secretary of treasury janet yellen said we need to go big inhe fed would be able to stop that right away. now we're looking at inflation not like anything that we've seen since the early 1980s or late 1970s. the spending power the everybody in washington is watching go down and down and affecting ordinary americans real wages over the last 12 month have dropped over 3% that is because inflation is going up and wages are going up as a direct result of biden's policies. the stuff that they are doing makes no sense. a sign of how bad it is the secretary of treasury yellen yesterday gave a speech about modern supply-side economics. modern supply-side economics. and then somehow climate change is going to fix everything. it made absolutely no sense. david: by the way your focus on that bothered the staff of larry kudlow tremendously. he was so infuriated when you told him about that he devoted his entire show to the subject. the president has also been blaming producers, oil producers and be producers, et cetera for inflation. his solution to that i

. >> next, janet yellen during a session at the world economic forum. talked about growth in the u.s. economy, the administration's policy, and inflation and supply chain issues caused by the covid-19 pandemic.

black homeownership is the lowest it's been since the 1960's and treasury secretary yellen just said last weekend, according to their gate of the white families have 8 times the average wealth of black families. and lee says many americans are still being squeezed by inflation. the white house says much of that is connected to supply chain disruptions. so the more we can address our supply chain and smooth things out the morning, we'll see progress on the inflation side. lee is calling on lawmakers to extend the child tax credit to help people, especially women. get back into the workforce. 75 1% of women are the caregivers and their family. they're still having harder times entering the market. now democrats are considering a smaller build back better bill that would include economic help for families reporting in washington, reshad hudson. >> if you're thinking about heading down to los angeles to try and get into the nfc championship game on sunday. take a look at this. ticket prices are spiking ahead of this game. one thing to note, if you are buying tickets on stubhub com, make

withhold covid reef funds over school antimask policies tell me about this letter you sent to janet yellenthat u.s. department of treasury under your leadership is again trying to overstep constitutional bounds and dictate to arizona how our state should run and fund our schools. ag, what is going on in this regard? >> well it is -- it is simply as this the biden administration, is trying to essentially socialize nationalize election now trying to undermine u.s. constitution. -- thomas jefferson said two great threats to liberty and freedom criminals, and federal government, we should tie down the second, with constitution. and so i am a believer in the constitution what biden administration is trying to do, whether the covid vaccine, or now with using secretary of treasure secretary yellen trying to use that heavy handed government to dictate to states what they should do the states created federal government, not the federal government creating the states, we need to recognize that part of the checks and balances in our system is the states being a check on federal government washington,

by extension, janet yellen, too. do you have confidence in jay powell? >> no.ny reservations about greenspan, bernanke, yellen, policy of pushing rates down. >> cofounder jeremy grantham speaking exclusively with bloomberg's editor-at-large. let's check in on commodities. oil the big one. really seeing brent breakthrough $90 a barrel. now hovering just below. oil trading near a 70 year high expectations of global demand picking up and stockpiles dropping. the u.s. stockpiles falling again this week. the lowest at this time of year for almost a decade. pretty much everything rallying. nickel certaiis higher than -- a little more than 2%. a part of the rally, the commodity spot index tracking 23. including energy, metals, and crop futures. fresh record as concerns over inflation continues. shery: take a look at how lg's energy is doing. paring back from earlier gains. pretty impressive, given the kospi down more than 1% at the moment. plenty more ahead. this is bloomberg. >> the kospi up, samsung after missing the fourth quarter expectations on profits. lg energy

carson's from an existing car stance from the bank of international settlements, or j pal, or janet yellen, or wherever they are yeah, christy legard, there's a universal keynesian there is a universal can tellin class county on class. so this is within the parameters of what has come before and she's part of that class . but in terms of like what we have seen here, where on the beach, you'll see this all sorts of these action. you'll hear beach action, you'll hear some leg margarita, sort of mixes, blending happening in the background. and there are some waves and you'll hear some people surfing shouting in the background. but over in that theat world, max, we've had a huge sort of rupture is happening and movements happening in the bond market. the most important market in the world. and we saw one of the worst weeks in 506070 years happen. and on top of that, we saw in the news bill miller, one of the top, the 1000000000 our hedge fund managers in the world. so here's a quo, and this is from bitcoin magazine tweeted out this link to a interview that bill miller, who is considered an inv

ah, yellen scuse rebels attack the united arab emirates at least 3 people are said to have died when drones struck oil facilities near abu dhabi airport. what message or who he sending as yemen civil war and has it 7th year. this is in so story. ah. hello and welcome to the program. i am rob madison. the united arab emirates has promised it will retaliate against the most significant who if he attack in its soil in years rebels stock an oil refinery near the airport of the capitol, abu dhabi, at least 3 people. are reported to have been killed. satellite photos shows smoke at a dep, all of the abu dhabi national oil companies. the cities police say 3 fuel tanks had exploded the u. e as part of the saudi led coalition fighting the hoodies in yemen . since 2015, the coalitions responded with air strikes on yelman's, capital, santa killing, at least 12 people. the hoodies are wanting of more retaliations. want to had there are, well, i didn't, was aloha the armed forces warned foreign companies and citizens residing in the u . 8 in enemies states that they will not hesitate to expand th

do you have conversations with secretary yellen and informed her that she is ignoring our requests to appear before this committee and answer the important oversight questions? >> no i don't. my oversight is within the sba. and every other week. >> ppp falls within your wheelhouse as well. as far as insight and answers would be helpful as well as this committee. so with the loan program perhaps appropriately named unfortunately. the thing is was $80 billion in front over $260 billion of loans that is an outrageous figures here as well as taxpayers. ppp as you offered. that was far more successful $900 billion of loans with four.6 billion of potential fraud. a far better ratio for legitimate loans. and with the private sector. and even to expand the sole lending vehicles by members or colleagues on this committee or even your office that something you expand lending vehicles solely through the sba resources as opposed on advocating for such vehicles to be expanded to the partnership of the community bank such as the ppp loan was handled? which would you prefer? >> in my role and i rely

janet yellen thinks the fed will be able to wring down pressures.mers says it will be a tough ask. >> it is important to note professional forecasters think inflation will substantially abate next year. part of this view is likely driven by the expectation that the federal reserve will continue to account for these pressures as it fulfills its dual mandate. >> inflation is at rates of lower than 7%. i don't exit the system without substantial -- they don't exit of the system without substantial economic turbulence. no one is pulling harder for the fed to strike this balance and get it right than me but it is not going to be an easy one. paul: larry summers, the predecessor of -- a predisaster of janet yellen. let's bring in the head of joint aipac equity research. the fed meeting is on wednesday. you along with most other people consider march to be a live meeting. what happens after that? what is the path of fed cuts and how aggressive you think the balance sheet runoff is going to be? >> we are looking at four rate hikes this year. the first of th

janet yellen things the fed will be able to bring down price pressures while one of her predecessors,arry summers, says it will be a tough task. >> it is important to note that professional forecasters think that inflation will substantially abate next year. part of this view is likely driven by the expectation that the federal reserve continue to account for these pressures as it fulfills its dual mandate. >> inflations at rates lower than 7% do not exit the system without very substantial economic turbulence. no one is pulling harder for the fed to strike this balance and get it right and me but i think it is not going to be an easy one. shery: the earnings season is also in full swing with results from heavyweights in tech, finance, and industrials all do in the next few days. intel, samsung and sk hynix. tsmc gave a rosy outlook next week. apple and microsoft. the latter said it is buying activision blizzard in a blockbuster deal. those are the major events in your week ahead. paul: let's bring in dave mazza, managing director and head of product direction at direxion. he said the

being a battling sky high inflation, treasury secretary janet yellen, is now joining president joe biden and putting her support behind the federal reserve to solve the ongoing crisis in a recent interview. yell and describe the pandemic as presenting co konami challenges that none of us anticipated. while admitting that inflation rose by more than she had expected, however, she says it is the pres responsibility to address it. and she believe that will do just that. well, inflation remains near 40 or higher here in the us, the question becomes water. americans turning to as they're chosen that against it . well goal just hit a 2 month high, but it's not the only option on the block right now. and even with bitcoin, seen losses this week, it gains over the last year, have really put it in the league of its own. so where do we go from here and are the stock market losses? we've seen this week an indicator of what's to come with. joining us out of this got to better known as your rich b, f, f on tick tock and instagram. vivian is great. have you on the show today. now i know. a as we look

deputy attorney general kristen clark, treasury secretary janet yellen, martin luther king iii and andreap, c-spannow. announcer: the u.s. house gavels back in tuesday at noon for more work on the bill that would automatically enroll veterans into the v.a. health care system. members will consider local schools to use pre-pandemic data to calculate funding needs. the senate also gavels and at noon eastern tuesday. chuck schumer is setting plans to bring voting rights legislation to the floor. most to senate democrats and president biden are behind senator schumer's plan to change senate rules to allow the bill to pass with a simple majority, rather than 60 votes. senators joe manchin and kyrsten sinema oppose changes to the filibuster rules. so, there may not be a simple majority to pass the bill. watch the house live on c-span and the senate on c-span2. >> at least six presidents recorded conversations while in office. here many of those conversations on c-span's new podcast, "presidential recordings." >> season one, lyndon johnson. you will hear about the 1964 civil rights act, presiden

. >> treasury secretary janet yellen spoke about the u.s. economy and supply chain issues caused by the covid-19 pandemic at the world economic forum. klaus: we all know you are one of the most prominent and respected economists of your generation, but i learned and i should remind the audience, you are the first person actually to have led the council of economic advisors, the federal reserve, and now the treasury department. so if anyone is prepared for the task at hand, and what a difficult task, it is you, madam secretary. we are delighted that you can join us despite your hea

lisa: this goes to the idea, you are saying you do not believe in await spiral, neither does janet yellenu are also facing increasing inflation when it comes to rent prices, supply chain disruptions that signs point to going on for a longer time due to the omicron variant. how do you dovetail the idea that wages need to keep up with consumer price inflation but not get ahead of it and create a spiral. how close are we to the threshold of, i do not want to say stagflation, but something that looks more like a crimp on growth when it comes with higher consumer prices. gregory: i do not think we are in a stagflation environment, which would be no growth and low growth and high inflation. we are seeing inflation dynamics, i've use the term -- will be an environment in 2022 where that will be moderating. there will be much less fiscal impulse. the federal tight monetary policy. that will have a negative impact on demand. it is more likely than not we will see inflation back down. the question is how fast and what level. i do not see the u.s. economy settling into a higher inflation regime. we

certainly greenspan and yellen at the start of the previous cycle in 2015 and 2004 said they would movemeasured and gradual way. i don't think the fed is going to guarantee that at all and there is a reasonable chance that we start to feel like greenspan 1994 in terms of the way the fed begins to adjust if we can't get the inflation down. lisa: based on recent experience, the selloff we have seen and the correction in u.s. equities, how high do you think 10 year yields can get before something breaks? bruce: i would emphasize the equity market correction if it continues could be a problem but there is a big difference when equity markets are correcting because people are repricing the fed and equity markets are correcting because we have an economy that has got problems otherwise. i think you can see equity markets correct without it doing undue damage or even really driving the fed to change its path. our view is that 10 year yields are going to end at 2.25%. -- is also going to change people's perception of how fast and how far the fed is going to go. i think there is a tension which

secretary yellen doesn't understand that kind of fiscal policy is bad policy. dave: she understands the person she's working for and is towing his line. >> absolutely. of all this talk about spending inflation my bigger worry is we have a proposal to take $6 trillion out of a functioning economy led by the great people of this country and put it into the hands of people who have taken us to 30 trillion -- by the way, resident biden when he got to dc, we were only at $500 billion of federal debt and he voted for $29.5 trillion of the debt but we are told the rest of it will not add to the debt. year insanity as we are watching and now we are getting bubbles popping, markets reacting, so behind the curve and not getting it. all president biden has to do is leave us alone and let us go to work, let us do our business, let us keep more of our money and stay out of the way but it's not in the offing and i applaud manchin and kristin senator for stopping him in his tracks and hopefully the next election does the same. dave: the only thing that concerns me. i do belie

do you have conversations with secretary yellen, can you inform her perhaps for us that she's ignoring our requests to appear before this committee and answer some of these important cooversight questions mister ware. >> know i don't read my oversight is within this administration and we meet regularly every week with the administrator here. >> epp obviously flows within your wheelhouse aswell . so perhaps our insight and answers would be helpful to you aras well as this committe . so let me continue along related to the item of disaster loan programs. perhaps appropriately named unfortunately. the thing is that i mean, there was $1 billion in fraud and $260 billion in loans. that's a really outrageous figure. here as well as the taxpayers . ppp as you all offered and stated honestly was far more effective and successful. $900 billion in loans with 4.6 billion of potential fraud. so far far better ratio for legitimate loans and as you mentioned mister ware, due to the partnership with the private sector. so why would, it would be considerate to expand the sba sold lending vehicles to o

king, junior in washington with deputy attorney general kristin clark, the treasury secretary janet yellenmartin luther king iii, and henry a waters king. watch tonight on c-span, c-span.org or for full coverage, go to our new mobile app, c-span now. announcer: u.s. house gavels back in on tuesday for more work on a bill that would automatically enroll eligible veterans into the v.a. health system. they will also consider a measure to allow local schools to use prepend to make data to calculate funding needs. the senate will also gavel in on tuesday. the majority leader chuck schumer said he plans to bring voting rights legislation to the floor. democrats and president biden are behind his plan to change senate rules to allow the voting bill to pass with a simple

so in a letter to janet yellen, the a.g. writes "shouldn't surprise anyone that the u.s.g to overstep its constitutional bounds and dictate arizona how our state should run and fund our schools. arizona republican governor doug doocy joins me now with more. what is the next move with arizona and the federal government on this fight? >> good to see you, martha. thanks for having me. arizona is going to file a lawsuit against the biden administration, against this federal overreach and continued bullying and attacks on our state. we are going to use the dollars that congress has appropriated to catch our kids up in school. we want the dollars to go to the families that need to get their child inside a classroom, that is functioning, with the teacher in front. joe biden needs to focus on the border or helping ukraine or fixing afghanistan. why doesn't he stay in his federal lane and let us educate the children and the state of arizona? >> martha: you know what i find fascinating about this, governor and i know you want those dollars to be portable so parents can say this sch

however, this was all usf yellen, miss all ski katz, a position inside for the layup and it was felt 21 points and 7 boards for him. don's when 88 73, they host loyola marymount on thursday. and that's all we've got for sports. we'll send it back down to the studio. all right, karl, and thank on the way tonight, robots to the rescue will show you how one hollywood hotel is. >> getting creative during staf a hollywood hotel facing a severe staffing shortage. now turning to robots to help the load. alfred. >> is a dream worker at the dream hollywood hotel, the hotel's general manager says he's a key workers guests prefer less contact soon. alford will have another bought worker instsad of a co-worker bought worker the company in charge of the robots say that they have rented out more than 100 robots to companies all across the country. they say bots are improving, not replacing jobs, makes the workers more valuable to the organization allows them to earn a higher wage because they're not wasting their time doing tasks that are frankly beneath them. >> so be on the hotel's. the bots are

treasury secretary janet yellen really shreds on the half-pipe. ( laughter ) it's not the only snag on the olympics. there seems to be some mixed signals on the subject of athletes mixing, because beijing olympics organizers are making condoms available, but athletes are instructed to minimize physical interactions such as hugs, high-fives, and handshakes. wait, they're giving out condoms but saying you can't high-five? come on! that's the best part of having sex! you know, great job! team work! what are athletes supposed to do what are they supposed to do? >> jon: i don't know. what are they supposed to do afterwards, lay there not high-fiving? a fist bump is so impersonal, and thumb wrestling just takes too long. it's not exactly clear when athletes will get this protection, though. organizers said, "all olympic-related units will provide appropriate quantities of condoms for free at the appropriate time." first of all, let's acknowledge that "olympic-related unit" is a pretty great euphemism for penis. ( laughter ) secondly, condoms will be provided "at the appropriate time"? who de

congresswoman beatty and richmond of the afl-cio as well as we will be hearing from treasury secretary janet yellenw afternoon at the house of justice of national action network. senator schumer and others will be there. and we will have my book there. "righteous troublemakers." it cannot be a movement without the unsung heroes i write about. get your copy of the book. make that a king day gift to somebody. we'll be right back. gift to somebody we'll be right back. 's on the se and needs a plan with a mobile hotspot. we cut to downtown, your sales rep lisa has to send some files, like asap! so basically i can pick the right plan for each employee. yeah i should've just led with that. with at&t business. you can pick the best plan for each employee and get the best deals on every smart phone. thanks for bringing me with you guys today, mr. and mrs. lopez. not a problem, josh. hey, you two. check out all these camera views in my silverado i can see in front of me, behind me, on either side of me. and it has this cam, so i can see if there's any funny business going on. you see any funny business goin

treasury secretary janet yellen, speaking at a davos confab.he said yesterday she expects inflation for much of the year to remain above 2%, but if we are successful in controlling the pandemic, "i expect inflation to revert to normal levels by the end of the year around 2%." how much does that and that being the story, the people look to the new normal of 11 inflation kind of environment? jonathan: lisa, thank you. we can talk about this bond market with subadra rajappa, the head of u.s. rates strategy at socgen. you published last night. "the fed is likely to push back on market pricing of more than four fed hikes in 2022 as it prepares for massive balance runoffs -- massive balance sheet runoffs." how much are you looking for? subadra: they are looking at $100 billion for month and a total of $1 trillion within a year or so, so i think $1 trillion by the end of 2023 is definitely doable. that is a pretty rapid pace with a lot of moving parts they have to deal with. they own bills now. they did not own bills back then. there's a lot of detail