And with utter disdain for the people whose lives they want to run. Good stuff. Thats a blast right at the elites. Thats the president s theme for 2020. They dont care about you but i do. In the last 24 hours, the president s campaign brought in a record 24. 8 million, almost entirely from small donations. In new york city, joe biden raised 20 million entirely from the elites. I think its time we got to the fed, shall we . Five hours from now the Interest Rate decision and more importantly, the outlook for rate cuts later this year. That arrives at 2 00 p. M. Eastern. We will also see if chairman powell responds to the intense pressure for a rate cut that hes getting from the president. A flat market in advance of that. The Interest Rate news from around the world this morning is grim. Not here, no, over there. In four European Countries and japan, things are so bad that when you buy a Government Bond, you dont get any interest. In fact, they keep some of your money. No wonder the mone
Christopher steele has agreed to be questioned by u. S. Investigators. A day after russia withdrew from venezuela, the Trump Administration strapping sanctions on travel to cuba. Trish regan primetime begins right now. Joe biden is taking a decidingly prochina approach to this 2020 president ial bid. Its dangerous for him and rhetoric that could be dangerous for our country. He doubled down on his prochina references today. Our workers are literally three times as productive than workers in asia. And they are three times productive. What are we worried about . Trish what are we worried about . Keep in mind it comes on the heels of his recent comments in iowa. China is going to eat our lunch . Come on, man, they cant even figure out how to deal with the fact they have this Great Division between the china sea and the montanas in the east i mean the west. They cant figure out how to deal with the corruption in the system. They are not bad folks. But guess what . They are not competition
Back manufacturing. Well, well tell sleepy joe that we found that magic wand. Former Vice President joe biden and 2020 frontrunner said not so fast, tweeting this, lets be clear, trump inherited a growing economy from the obamabiden administration, now he . Process of squandering it, so, panel on, to you, do you think that mr. Biden has any validity in what he is tweeting . I think he has some. The president obama did give a decent economy to President Trump with a job growth 2 million a year, but President Trump does deserve a lot of credit for extending a long bull market and a long growth in the economy, with the tax cut and cut in regulation, ien to like the trade war i dont like trade war and tariffs, it is self sabotage but President Trump deserves credit here. Gdp growth in first 9 quarter of Trump Presidency 2. 7 , compare to last 16 quarters of obama at 2. 3 . The numbers tell the tale and when the Trump Administration took over the presidency, in 2017 it was 1. 7 . Were looki
News about trade has been an important driver of sentiment. But we are also look at global its trade developments and concerns about global growth. And we have incoming data thats been pretty good, particularly for the consumer. Consumer spending is solid. Reporter worries about manufacturing because of trade uncertainty. That was the word of the day. Uncertainty. Powell said it more than a dozen times. On inflation the Federal Reserve estimate showed its falling to 1. 5 . Bullard was the only descent today. Overall our policy discussions focused on the appropriate response to the uncertain environment. The projections of appropriate policy showed many participants believe some cut in the funds rate would be appropriate. Reporter we are close to having that rate cut. The last time a Voting Member descented dissented was in 2008. Powell responded to criticism by saying he has a fouryear term that he plans to finish. Liz lets get to Hillary Vaughn on capitol hill. The president says hes
The two front runners, trump and joe biden, youll be headed to the hawkeye state. In one speech, biden will absolutely unload, president , thank at one time, as it relates to tariffs, trump doesnt get the basics. He thinks his tariffs are being paid by china. Beginning students at iowa or iowa state could tell you that the American People are paying his tariffs. The cashier that targets to see whats going on, they know more about economics than trump. You also say the president is extra essential threat to this country. Sarah sanders was asked about it earlier today. This was her response. Joe biden has a lot of questions, he needs to answer himself. The idea that he would take the president causes any type of threat, he was part of the administration that allowed russia to interfere in our election. On the arrangement with mexico, fox is being told not that there was a deal in place with mexico becoming a safe third country but that is not the publicly announced by the administration.