Action to help people who are struggling chris lou joins us for the lead in congress ation on this edition of politicking hes a veteran of the Obama Administration he served as deputy secretary of labor he is in Arlington Virginia but course the trumpet administration recently announced the plan to open up america again is that too soon well there they put out a series of guidelines that will leave that up to governors and i think thats the rational decision and you see governors on a regional basis whether its on the west coast or east coast that are going to make those decisions in conjunction with their neighboring government governors and it will be based on both the. Case that load in each of the states as well as their testing capacity. The administration recently tweeted its time to liberate minnesota michigan and virginia what do you make of that i mean this is troubling you know this is a president who a week ago said he had total 30 to make decisions about reopening and then
About the fed in recent, whether helping to stave off total economic collapse during the 28 financial meltdown or countering the shocks of the covid 19 pandemic or most struggling to lower. As gina makes clear in her new book, these crises along with the actions of some pivotal central bankers like, the current fed chairman, jay powell, have fundamentally changed the feds purpose and function in american society. The fed has taken its Emergency Powers to new, gina writes, stretching its mission as lender of last resort and purchasing backed debt in massive sums. Its gone from insisting that social issues are not in its domain to flying pride, flags and shaping conversations about racial, gender and, geographic inequity with research and expert advice. Fed officials often talk about staying in their lane, but lane, gina observes, has into an avenue. Gina is very well positioned to tell the story of the feds extended and its and its vast influence. Shes been covering the fed and economic
Us this evening journalist gina. Here to talk about her very timely and informative new book limitless. The Federal Reserve takes on a new age of crisis. Now weve all been hearing a lot about the fed in recent, whether helping to stave off total economic collapse during the 28 financial meltdown or countering the shocks of the covid 19 pandemic or most struggling to lower. As gina makes clear in her new book, these crises along with the actions of some pivotal central bankers like, the current fed chairman, jay powell, have fundamentally changed the feds purpose and function in american society. The fed has taken its Emergency Powers to new, gina writes, stretching its mission as lender of last resort and purchasing backed debt in massive sums. Its gone from insisting that social issues are not in its domain to flying pride, flags and shaping conversations about racial, gender and, geographic inequity with research and expert advice. Fed officials often talk about staying in their lane
Red carpets are being rolled out ahead of the 89th we will be getting all the Oscars Gossip from la and chatting with showbiz columnist perez hilton about all the goings on in la la land. Hello, welcome to the programme, were live until 11 this morning. We are going to talk to some of our Leicester City super fans who made diaries for us about their beloved club and what they think about the man they thought was a hero being sacked nine months later. Do get in touch on all the stories were talking about this morning use the Hashtag Victoria Live and if you text, you will be charged at the Standard Network rate. Our top story today. A truly historic victory the words of new conservative mp Trudy Harrison after winning the labour seat of copeland in last nights by election. Its the first gain by a Governing Party since 1982. In the nights other result labour held on to stoke central, with ukip leader Paul Nuttall Finishing in second place. Our Political Correspondent tom bateman sent us
Standing by across the world, ready to deliver the stories that will drive your day. The best of 35 million worth of samsung product. Berlin nichols is in following bmw as it struggles to keep its lead against audi and vw. Finance ministers gather. Coming up on our break, the gold industry supports plans to change how the Precious Metals benchmark is decided. We have an exclusive interview with the World Gold Councils Natalie Dempster. That will be at 7 30 london time. Samsung has disappointed investors with its secondquarter earnings. It is protesting a recovery for later in the year. Eh . Ng misses the mark, the Third Straight quarterly drop here at 24 . Samsung has forecast for the second quarter. Multiple elements at work here. They say increasing competition from lowcost chinese vendors, even some european vendors have an impact on sales. Apple wrapping up its competition in the highend space, particularly with those phones with the large screens which will go on sale later in the