Jerome powell was on capitol hill to update lawmakers on the economy and Monetary Policy. He spoke about the Economic Impact of the coronavirus, Cyber Threats in the Banking Sector and his influence in the Global Economy among other topics. This services hearing is three hours. I now recognize myself for four minutes to give an Opening Statement. Id like to welcome back chairman powell. As i discussed earlier, and at our last hearing with you, i remain very concerned about the president s efforts to interfere with the feds interMonetary Policy. A recent news story noted that trump has tweeted over 100 times about your nomination. Many of those tweets appear to be attempting to exercise pressure on the fed. Chairman powell, you and the fed board of governors must not be swayed by these aggressive tactics. Fedsolding the independence, you should also be mindful of public perception. Of course, trump continues to claim credit for Economic Growth that was put in motion by the policies of p
European Union Leaders meet to discuss ways to compete with the u. S. And china. On in sport title holders of political face an uncertain future in this seasons Champions League beats and war mill in spain by a Flintstone Woodridge in the 1st leg of their last 16 towing. Efforts to end the fighting thats torn libya and to have suffered yet another setback the internationally recognized government in tripoli has now suspended its involvement in talks in geneva after the capitals port was attacked on tuesday at least 3 people were killed when rockets were fired by forces of world Khalifa Haftar now the port is the main entry point for supplies into libya have to Us Forces Say their target was an arms depor their leader has been trying to capture the capital since april tripoli is government is now insisting the talks cannot continue until the wild family responds to what it calls have violations our diplomatic editor james bays begins our coverage from geneva. The port in the libyan capi
Them on silent, including commissioners and staff. I want to thank sfgovtv and Media Services for sharing this meeting with the public, and well start with the roll call. [roll call] president bleiman all right. The first order of on the agenda is for general Public Comment. This is for comment on any item thats not on the regular agenda. Does anyone have anything to say . Seeing none, general Public Comment is closed. Number 2 is the approval of the Meeting Minutes for november 19, 2019 and december 3, 2019. Ill raise a motion to approve. Second. President bleiman is there any Public Comment on the approval of the Meeting Minutes . Seeing none, Public Comment is closed. [roll call] president bleiman all right. And we do have one proposed change to the schedule tonight. We do have one Law Enforcement member that has a meeting, a lieutenant, so were asking that we move item 5c, the beauty bar item, to now, but we will need a motion to do so. I move. Second. President bleiman is there an
Clearly, coronavirus is not impacting future sales all that much at the moment. , data as well, storage center, those kind of chips doing well. That is having a halo effect on some other chips. A couple of them are lower as well. There is some treasury buying along with the equities bounce, so we have to take note of that. 7 . 10 year yield at 1. 5 we got Consumer Confidence data above 100 today from the university of michigan. Preliminary february data increasing, and revisions to december. That said, retail sales didnt exactly reflect increased confidence. They were pretty stagnant, if not a little disappointing. Guy here in europe, stocks heading back to flat. We bounced off session lows. Volume is ok. We are going into a long weekend in the United States. Do you want to carry positions over that weekend . Eurodollar positive, but only just. Data out of germany pretty weak today. While we are seeing some commodities trading higher today, you always want to Pay Attention to what is h
A weekend of more hot conditions. And what took you so long mr bonk after a 5 year away the latest double 07 blockbuster is back at the same. Time bryan thomas great to have you with us today irans Supreme Leader Ayatollah Khamenei has warned that harsh retaliation is waiting for the u. S. Now that after a u. S. Air strike at Baghdad International airport killed the iranian general has some solo money the head of irans elite force now in many has also declared 3 days of National Mourning for the general staff he was considered the architect of tehrans military operations in the middle east. The u. S. Asked came in the middle of the night later the pentagon tweeted this strike was aimed at deterring future iranian at tak plans done trump usually very active on twitter tweeted only this image. And was that hungry Iranian State t. V. Confirmed the death of gentle customer. Irans top security body called an urgent meeting for friday. Foreign minister mohammad gen watch a reef tweeted the u