Tampa police have now identified a man. Found . Dead inside a burning home. But its still not clear . How he died. Crews saw smoke and flames as they arrived at the scene along north 16th street just after 10 yesterday morning. Once inside they found the body of 44yearold rafael sotto gonzalez. A number of agencies including the atf are part of the investigation. Ridesharing services have the green light in hillsborough county. The Commission Voted yesterday to approve a deal with uber and lyft. That will allow them to operate . Legally in the county. The drivers have agreed to stricter background checks. But they will . Not have to get fingerprinted. The drivers also have to get their cars inspected. And the companies cant charge . More during natural disasters. The agreement is good. Through . Next december. Game on. For floridas seminole casinos. A judge just ruled they can . Keep their blackjack games. District judge Robert Hinkle sided with the tribe in its yearlong legal battle w
Sunshine skyway is a mile and a half. We will stay on top of the story and check in with kate wentzel for an update. A hostage at a bank in jacksonville is over. A suspect took 11 people hostage for several hours today until s. W. A. T. Went into the bank add the suspect surrendered. No one was hurt. For the safety of the jacksonville s. W. A. T. Team, we are not showing them. The governor wants to make sure 5 pay raise next year. The governor says the states 4,000 sworn Law Enforcement officers deserve a pay raise. He cited their heroic efforts at the pulse nightclub in june and two Tropical Storms. He says they deserve that raise for the work they have done for the states Emergency Personnel comes as yet another officer was shot and killed in tacoma, washington, outside of seattle. The 45yearold officer was shot wild responding to a Domestic Violence call. The suspect was also killed in the home. The Tacoma Police department did any and everything that they could to protect and serve
Is returning to a moderate pace. She said the fed needed to verify the expected acceleration in growth and now she isnt acknowledging that may not happen at all. Important change in language and important shift in tone for the fed and for janet yellen. The speech that she is about to couple contains a little of bombshells that help explain why. First, janet yellen now admits that Larry Summers and other prominent ecommerc economist my crisisperi t a post period may be here to stay. Admits the he also Financial Market volatility that has made it so far for the fed hard for the fed to control the economy and to raise rates is partly a consequence of what she calls accommodated Monetary Policy. Low rates can be selfdefeating. They indirectly create a barrier to higher rates. Finally, i like to draw your attention to the Monetary Policy report itself. Specifically to the section on Financial Stability. The fed says, one, stocks are getting expensive on a forward pe basis. They have not adj
Addressing his departure on twitter this morning. And brexit polls from the uk cant seem to lock down which way thursday will go. And then theres George Sorros issuing a major warning against a departure, even David Beckham is weighing in. But first up in about an hour from now on capitol hill fed chair yellen will kick off two days of semiannual testimony on Monetary Policy and the economy. Today its before the Senate Banking committee which is expected to grill her on everything from rates to brexit. Of course well bring you live coverage once the fed chair begins her remarks followed by the q a session with lawmakers. Some discussion it might be more contentious than usual even with her recent comments in the meeting last week. On both sides a lot of people saying get it over with. Admit things are weak and what are you going to do about it. What is she going to do about it . Its not up to her. Look at germany last quarter very interesting what the finance minister say. Look, we had
Hearing with Federal Reserve chair Janet Yellen King underway momentarily. Yellen getting underway momentarily. [gavel strikes] today we received testimony from Federal Reserve chair janet yellen regarding the fed semiannual report on Monetary Policy. While Humphrey Hawkins testimony is a key part of congresss oversight of our nations centralbank, it is not sufficient to provide congress and the American Public with a full picture of said policymaking. Best of said policymaking. I have often remarked on the importance of strength the importance of transparency. One of the feds reasoning for maintaining independence is to avoid a little sizi avoid politicizing avoid politicizing its position. While the line between politics and policy can be fine, it should nonetheless be clear and unambiguous. The fed should act in a manner consistent with its statutory mandate in the interest of the stability of the u. S. Economy. Whether or not such policies aligned with the goals of congress or the