Consider themselves christian yet many religious leaders are decrying a loss of faith, god land a story of faith, loss and renewal in Middle America is an investigation of the division our country is facing area i dont wantto spoil anything else let me say its a timely book. And without further ado, please help me welcome lyz lenz. [applause] hi. Can everybody hear me okay . Im used to doing midwestern events where theres always one woman in the back like to talk louder. Youre like im talking as loud as i want you, ethel. So when i heard cspan was going to be here, they were like you have any questions and i said yes, can you wear jorts on cspan and they said cspan encourages jorts. I wasnt going to wearthem but i felt like after that reply i felt like i had to. I wore a shirt for you, washington dc because iowa, for some reason have to come here to be president. Sucks. So i wanted to just tell you the origins story of the book because this is a book about religion and you dont really
Surveillance. These are your markets. We are seeing a bit of an upside as it comes to the stoxx 600. One thing, the lse is investigating some of the delays on what they are seeing in the stock price. There was a trade issue, which means we have delayed opening for some of the biggest stocks. We understand the lse, the London Stock Exchange, will give us an update in about 15 minutes from now at 9 15 bsc. There is a bit of a risk on. 1. 55. 0 year yield at if you look at dollars stabilizing, 110. 85. Later, we will review an exclusive interview with Brian Moynihan, a banc of america chief executive. In the meantime, lets get straight to the bloomberg first word news in new york city. A Trading Services issue. Trading some of the biggest stocks on the London Stock Exchange has been delayed, the second such outage in a little more than a year for one of europes guest markets. Been delayed for parts of the ftse 100 and to 50. Other parts are operating as normal. Is a special relationship i
From the g7d review working group and others, is to have a very stable value retentive Digital Currency. It will be a very high quality Digital Currency in a number of countries that are currently receiving a lot of their income from abroad. They will now receive a lot of their income from abroad in a Stable Currency that will retain its value. Obviously many of those same third world countries and some than third world have very strict controls on foreign currency. They have currency controls and currency boards and do not allow their consumers to take action outside of their home currency and they do not allow their home currency to be taken out of the country. How does liu brooklyn on dealing with that . Libra plan on dealing with that . There are lots of countries that have the problems you highlighted and do not have currency controls that we can address right away. For other countries it will be on a country by country approach. Any wallet on top of the Libra Network will be inte
Lets get a check in on the markets. European equities are pretty flat. The stoxx 600 struggling for direction. You heard and the headlines, three key things we heard. The dovish message from Jerome Powell reiterated and we got better than expected data in terms of retail sales and factory output, pushing the 10 year yield up. It also pushed the dollar higher and we hold on to those gains. The question as whether President Trump can have the weaker dollar at the same time as a strong economy. And can he have gains in stocks as the same time as a trade war continues . As you made those comments, the s p 500 took a hit, dropping for the first time in six sessions. Coming up, we speak to the oecd secretarygeneral. Dont miss that interview live. Lets get bloomberg first workers. Word news. The u. S. House voted to condemn comments from donald trump that are racist. Week, he tweeted for congresswoman should quote go back to where they came from. Trump says he is not racist and does not have
About the collapse of silicon bank west church of the largest Bank Failures in u. S. History. Congressman mchenry discussed the role the Federal Reserve and the Deposit Insurance Corporation Bank Regulation of Risk Management. This event as hope and by the brookings institution. Kground noises] [background noises] good morning everybody. Im director on fiscal and Monetary Policy and be half the hutch and Center Center on me you to this event both the people in the room and the people watching remotely. Our subject today is what lessons we have learned from the really interesting efforts of march 2023. A year ago the glol Financial System suffered the most significant banking stress since the Global Financial crisis of 2007 and eight. As you all probably know if event Silicon Valley bank failed prompt and the fdic to take it over the middle of the dayay could not even make d it to the weekend which is as a one off event. Silicon valley was certainly for lack of a better term unusual. Th