Day for the Federal Reserve system. It is a meeting of mystery. Our Michael Mckee will be there for the press conference, special coverage this afternoon. But right now, a great conversation on some of the challenges that we are going to see. Jon ferro, to me, the major challenge, with futures up 17, you mentioned this earlier, this morning, is the two americans that are out there, that two americans that are out there right now, jon ferro, are nothing like what john edwards ever thought he would see. Jonathan just compare and contrast, tom, take the airlines on one hand you can take any sector, the retail sector, and compare it to fintech right now. Big tech on fire. Other companies, tom, literally slashing in tens of thousands, and a central bank that has to set policy for both economies. That is a tremendously difficult position to be in as a central bank right now, and that will create distortion. Some would argue that is already happening. Tom Lisa Abramowicz, within your reading,
Thank you for giving us your time today. Thank you for the Economic Club for paying attention to me. If those dont know your background the 75th postmaster general the first one is behind you, Benjamin Franklin the inventor of the Postal Service. And who are native of new york went to college in florida and then went back to your familys business and bolted up North Carolina one of the larger logistics and you have been very involved in philanthropic activities at Duke University among other places and thank you for giving us your time today. So at the outset, when you agree to become postmaster general is not normally the most famous position i doubt many can name your media processors you are well known did you thank you get this much attention . If i may, when i accepted the role of the situation the Postal Service was in at that time and then to have significant financial consequences at the time. And the issues of running out of cash in september 2020 and having no help insight. B
We are going to go straight to the white house when the News Conference happens. Meantime, talking about the magnetic pull. Yes, wall street charts are all over the place. Right now the downside is winning out. We have stocks sinking deeper into the red. Dow jones industrials down 264. Look at the nasdaq, down 155. But major swings here. We are watching this market very closely because we have been well into the green earlier. Meanwhile, the economic cold war with china still simmering as the Trump Administrations deadline for a tiktok deal is now five days away. The u. S. Ambassador to the United Nations is here in a fox business exclusive. She will share her insight on the china issues, the Russian Election interference and the iran nuclear deal. Again, this is a fox business exclusive. By the way, bridgewater, big hedge fund, ray dalio just made comments before the new York Economic Club about china as an investment. I will let you know what he said. Get your bets in. The nfl kicks
Lewis did joy spoke with the Economic Club of washington dc about postal club operations. In the handling of mailin ballots. He also talked about the impact of the coronavirus on the workforce. Let me first now go to our special guest the postmaster general lewis did joy. Thank you very much for giving us your time today. Thank you david for having me and i want to thank the Economic Club of washington for paying attention to me. Thank you for attending. You are the 75th postmaster general the first one is behind you i can see. He was the inventor of the Postal Service. You are a native of new york and you went to college in florida in stetson and then you went back to your familys business and you belted up in greensboro North Carolina and built into the Largest Logistics Companies in the United States. You had been very involved in philanthropic alma mater. Thank you for giving us your time today. O let me just ask at the outset when you agreed to be postmaster general did you realiz
The two candidates, donald trump and former Vice President joe biden. To spread their message and turn the tide to battleground states, this election is rather unusual. They are squelching the campaign trail in rallies. Then there is the Lincoln Project, Political Action committee by influential republicans including attorney george conway, New Hampshire gop chair jennifer horn, republican political strategist retailing, and john weaver and our guest here today, rick wilson and Steve Schmidt. Republican pack founded by a bunch of republicans doesnt sound that unusual but unlike traditional republican packs the Lincoln Project is spending millions to defeat the republican president ial candidate and his supporters in the senate. Wilson and Steve Schmidt will give us an update on the state of the 2020 raising the Lincoln Project, rick got his start as a political strategist in the 1988 president ial campaign of george w. Bush, provided Strategic Counsel to political candidates, National