Its going to predict how it would react under a stress event. And so was the key one of the key issues is what how are investors anticipating this . Is this part of their Investment Strategy . And do prices reflect it, and do practice Risk Management practices reflect that . I think that there are two issues we have to separate as we address the questions you offered. Is there a liquidity crisis . The first is are we in the midst of a transition from one type of market to over. If over night, we say that ever bond dealer who works in a bank can no longer deal bonds, the next day it will be a little harder to buy bounds. No question about it, and sell them as well. But what will happen afterwards, the banks will sell their operations to hedge funds to other companies, to the employees themselves and theyll get reorganized to find the capital and make money, because there are opportunities to make money when people demand liquidity, by the way, theres no such thing anywhere of free liqui
Wouldnt a level Playing Field as you said from your testimony, we have concerns about things like there is a some Data Retention obligations and we think you could do it differently. There is a best interest contract framework and weve heard feedback from folks saying it is clunky and there is a more streamlined way to do it. We have a point of sale disclosure requirement and people have said that that is not necessary. And so what weve done in every circumstance when someone said that the best interest contract is clunky, our response is tell us how to do it better. How do we retain that north star of enforceable best interest contract and still get it done and that is the feedback weve been getting and it has been helpful. And youve incorporated it. We havent made final decisions yesterday. We wont put out a rule until weve gotten all of the comments. Im confident if history is a guide the final rule will be materially different than and better than the proposal because you have to b
Billion here in stimulus. Pedal to the metal. Jolte u. S. , we have the job openings coming out at 10 00 and Consumer Credit at 3 00. Those are secondary reads on what is happening. Yum brands, the owner of talk about the pizza hut dont they do a lot of china . You wonder, can they get to the restaurant given a protest in hong kong . Two thirds of yum brands sales occur outside the u. S. , much of which is Kentucky Fried Chicken in china. They open a kentucky fried one every day in china. It is an amazing amount of chicken. At how much we talk about chicken in china. That is because of the burj khalifa. Samsung earnings cannot on lower, down 66 galaxy smartphone sales. This is the head of the iphone 6. Treasury secretary le speaking 8 45. Economyw about president obama in new york for a fundraiser, stay out of midtown midafternoon. Dont go shopping at where do you go, bergdorfs . What makes you think i have time to go shopping . Because were a very early. President obama goes out with
Well, good evening, once again, as we continue our special election coverage. The election of joe biden. Noisy celebrations continue, tonight, and for that matter, around our country, as joe biden and Kamala Harris are now preparing to assume power. Today, it finally, indeed, became official. They are now president elect and Vice President elect. In just 74 days, both will take the oath of office. The people of this nation have spoken. Theyve delivered us a clear victory, a convincing victory. A victory for we, the people. For all those of you who voted for President Trump, i understand the disappointment, tonight. Ive lost a couple times, myself. But now, lets give each other a chance. This is the time to heal, in america. You delivered a clear message. You chose hope and unity, decency, science, and, yes, truth. What a testament it is to joes character, that he had the audacity to break one of the most substantial barriers that exists in our country, and select a woman as his Vice Pr
And there is not a lot of public or Public Policy leadership around this issue. I think king would feel proud there were victories in the Civil Rights Movement, many of which happened after he passed. And there are people fighting to make sure those victories remain, even when there are massive efforts to overturn those victories. Host coverage of the 50th anniversary of the march on washington takes place on cspan and will also take place on wednesday with special coverage on this program as well as the president giving a speech. The president s impact on civil rights to date . Guest that is interesting. My students try to draw a link between Martin Luther king and president obama. Senses a link in the theyre both africanamerican leaders and have had massive followings. They are seen as their opinions having an impact. But they exist in very different times. President obama exists in a time when there. Demographicndous changes going on. The role of the u. S. In the world is in a diffe