Watch quote washington journal 7 00 eastern tuesday morning. Join the discussion with your phone calls, facebook comments, Text Messages and tweets. Continues. Host we are joined next by former federal Emergency Management Agency Administrator craig fugate. Thank you for being with us on washington journal this morning. Guest thanks for having me. Host a number of items on our plate including the covid19 response. First, to the response to hurricane laura. The hurricane coming effectively the same week marking 15 years since hurricane katrina. What lessons do think fema and the federal government learned in terms of response to hurricanes in particular . Guest i think the biggest lesson was that we dont wait until we are asked to start getting ready. To be ana, there seem lot of confusion about the governor having to make requests and what femas role was going to be. Congress, after katrina launched substantial legislation. Governors are going to be is he dealing with this. The federal
Many people. Tencent is one of the most active investors in the world. More than 450 investments under the companys umbrella and that is more than the number in softbanks universe and includes names like tesla, snap and epic. Thirdly, american businesses operating in china, like mcdonalds and starbucks, they rely on the wechat app for their operations so being cut off could jeopardize their business there. There are so many questions still outstanding but its really hard to understate the importance the daily role of wechat for chinese internet users. Its called a superapp people use it for everything from messaging and booking a doctors appointment and we dont have an equivalent here. Tik tok is popular in the u. S. Its looking at a sale to microsoft so it could get around that ban there is no such option for wechat, carl weve tried to explain to investors just how important it is on the other side of the world. Lets bring in global head of Technology Investment strategy at deutsche.
Least two shooters opened fire, two boys were killed, the younger one just 11 years old. Began flashes lighting up the night showing the moment that two boys were gunned down in the parking lot of a Union City Elementary school. I heard for or five bangs, it was super loud. This Security Camera captured what happened. In the video you see two pairs of headlights, a vehicle on the right and then two people opened fire and the van takes off and crashes into a tree in the parking lot of searles elementary school, a memorial sits outside of the school. It was shocking knowing that they were that young, most likely not even in high school, not onan adult yet. We are heart broken and outraged that the lives of an 11 and 14 year old were taken away from their friends and their families. We have no idea if in fact they were started or if they were there to meet somebody. Union city motive is unclear investigators are trying too build a time line leading up to the shooting. We do not know how l
Confidence today, will add to the debate. Nejra welcome to bloomberg daybreak europe. The market moves we have seen overnight in asia have certainly faded on that brief optimism in terms of the u. S. And China Holding a phone call that we hear went well. They are continuing to talk about phase i. Msci asia pacific index still integrate. Hong kong underperforming still in the green. Hong kong underperforming. Gold unchanged. We saw all three u. S. Benchmarks hit record highs in yesterdays sessions, s p 500 index, dow jones, and nasdaq. Futures not giving us a lot of direction. The 10year gilts continues to edge up 10 year yields continue to edge up. The yen hit a two week low but dollaryen steady now. Onto the top story. The u. S. And china have agreed to stay in touch to resolve remaining issues to get a deal. Incomes after a phone call early this morning during which the vice premier, robert lighthizer, and treasury secretary Steven Mnuchin discussed core concerns. Meanwhile, Goldman
Resolution is considered as read and open for amendment at any point. I would begin by recognizing myself for an opening statement. The resolution before us represents the necessary next step in our investigation of corruption, obstruction, and abuse of power. This committee has already covered the central findings of the special counsels investigation. The president s 2016 Campaign Asks for and received the assistance of the russian government. Key figures from the campaign then lied to federal investigators about it. The special counsel found that at least ten times the president took steps to interfere with the investigation. In at least five of those incidents, the special counsel concluded that all of the elements necessary to charge obstruction of justice had been met. Our investigation is not only about obstruction. Our work must also extend beyond the four corners of the mueller report. We have a responsibility to consider allegations of federal election crimes, selfdealing, vi