Coming up, a conversation on International Trade relations with chair Jared Bernstein. It is hosted by the council on Foreign Relations. , i am Matthew Goodman , the director of the greenberg i Matthew Goodman, director of studies and as of two seconds ago im the director of the real econ initiative that we are rolling out today here at cfl r. Welcome to those of you in the room and those of you online as we look at reimagining American Economic leadership. Brainchild of mike roman said he wanted to emphasize a number of costcutting and this is the first we are rolling out. Make will have a chance to explain this in his own words, but i think we would agree there were two fundamental premises. It matters for americans and advancing u. S. Interests, but second ramos is a lot of things have changed in the world after world war ii, and American Economic leadership is going to look different over the years and decades ahead. I think of really, as a platform about what the challenges are wh
Welcome to squawk alley. Were at post 9. Jon fortt has the morning off. Were watching the markets after yesterdays selloff. Average. Announcer pressure following the second worst day of the year for the dow and s p 500. Nasdaq coming off the third worst day of the year and on track for the first four week loss since 2016. Bob pisani watching all of that on the floor bob . The question is are the markets in trouble here . The answer is not yet. But there is some cracks developing so weve seen something in the last two weeks we havent seen in a long time a selloff last week and another one this week. Thats starting to do some technical damage several elements have really come together. So first, theres leadership doubts about President Donald Trump emerging and the ability to get tax cuts through. Traders have been alarmed by the dramatic decline of the small cap rustle 2000. Its down 7 from the historic high about a month ago so its now flat for the year. With the s p 500 up 8 for the y
Assistance in broadcasting this committee meeting. Madam clerk, do you have any announcement s please silence all cell phones and electron devices. Thank you. Madam clerk, could you call item 1 please. Item 1 resolution endorsing the conceptual term sheets wen of between the port and jppf op acquisitions, llc. Well begin with our presentation. Were going to let supervisor peskin make a few remarks. Thank you chair cohen and colleagues and pier 29 and much of the northeast waterfront is in the supervisorial district i have the honor of representing, district 3. By way of background in 1990, a little while ago, the voters of San Francisco passed proposition h, requiring the acquisition of waterfront plan and put an interim moratorium on waterfront property, and the plan was finished in 1997 after a collaborative process. And that waterfront Land Use Plan is now in the process of being updated. You may all recall that about 15, 16 years ago, there was a proposal for about 500,000 square f