Folks may be planning to go to work today and see how the outages go. That may be the case. Well see how the morning progresses. There are no major problems getting toward the bay bridge but again the early backup shows coming off of the maze, a smooth drive through Contra Costa County, and from the north bay, both across the carquinez bridge and the golden gate bridge. No problems through the south bay or peninsula and disabled truck well talk about that counter commute, guys, coming up. Back to you. Thanks so much, mike. Back to the red flag warning set for later today in the extremely high fire danger, and noon, pg e will announce exact areas where they will shut off power later today. Pg e says the move just like two weeks ago will prevent downed power lines from starting fires. Impacted areas include parts of san mateo, napa, and sonoma counties but the south bay and east bay will not see shutoffs and that doesnt mean people should not stay on alert. Bob redell joins us live in wa
San jose, 55 degrees. So even though weve got a little of that patchy morning fog, by the afternoon were expecting much sunnier and warmer conditions. Current temperatures right now in napa its cold, 43 degrees. 43 degrees in san jose and look at your daytime highs. I want to show you these out of the gate. If youre headed out the door any time soon, your temperatures will be running warmer into the interior valleys and this is setting up for a warming trend thats already under way, a High Pressure system is expected to dry us out but its also going to kick up some northeasterly winds. Whats going to happen is that dries us out. The elevated fire danger kicks in, so ill have more details coming up in about 15 minutes. Well stay tuned for that. Rest up until then, thanks. He is being called a hero coach, after he disarmed a teenage we are a shotgun at a Portland High School but its what he did next thats catching so much attention. The former 49ers coach is being praised for his quick t
Questions relevant. Today one of the most vexing questions for people who participant in markets, but thats a different part of the world, is that inflation has refused to rise, much less persist, at the 2 targets. Key question is, why . While history will be the judge once the data has been interrogated, we dont have time for that, because todays policymakers and investors need to act and to do so require at least a rudimentary answer to this puzzle. Today we have gathered some of the leading experts in the world. Inflation didnt fall as much during the Great Recession as the models anticipated and hasnt risen as much lately. Is it dead or just dormant or has the death been much exaggerated. In my experience, wiped capitulation is the first sign of the bottom. Thats kind of where we are right now. Has Monetary Policy been so well anchored. Have globalization and Technology Made raising prizes difficult . Has the economy evolved in ways the models simply havent been incorporated . And
Coming up, your calls and reaction on Robert Muellers testimony before the house judiciary and house Intelligence Committees yesterday. Washington journal is next. Did you actually totally exonerate the president . No. Your report states a did not exonerate the president. It does. Your investigation actually found multiple asked by the president capable of exerting undue influence over Law Enforcement investigations, including the obstruction and russian investigations. Correct. Can you give me an example other than donald trump where an investigated person was not exonerated because innocence was not conclusively determined . I cannot. I will tell you why, it doesnt exist. Host good morning. We will begin today with your reaction to Robert Muellers testimony yesterday. The former special counsel sitting and fielding questions for nearly seven hours with lawmakers questioning, what stood out to you . Emocrats, 202 7488000 republicans, 202 7488001. Independents, 202 7488002. Join us on
Goes back to really and see for me. We had our discussions in committee. If there are concerns about resiliency, and that is based on my experience in the private sector, couldnt you address those concerns through the regulatory and Supervisory Authority that exists in your space . When i was talking about the multiple data centers and the redundant systems, you think resiliency could be something that is a function of what you are doing right now . Chair powell the gentlewoman from massachusetts is recognized. Thank you, chairman powell for appearing before the committee. The Federal Reserve can do more to support the needs of hardworking american families. As it stands, working families can wait days at a time to have their checks cleared. There can be no room for error. America,ntral bank of the Federal Reserve has the ability to speed up the process. I want to bring up a report that was issued two years ago. The Faster Payment Task force. The task force called for a Payment System