Ofto see geoffrey yu there bny mellon in our opening. With the new slow out of washington, how to get ready for ferro, do you think the secretary of treasury will be watching mr. Powells press conference . Jonathan i hope they speak before the press conference. These two need to get on the same side. It is not good to wake up ever to see the chairman of the Federal Reserve and treasury secretary on different pages on an Emergency Program that, lets be clear, has really helped keep financial conditions loose at a really tough time for the u. S. Economy. I am surprised, maybe even shocked, that the market is where it is this morning based on the spat between those two individuals. Tom there are distractions in washington, but maybe it was beneath the radar off of president trumps efforts to tolection 2020 lisa move election 2020. It devolves to a market that looks like the fourth week of is taking myferro vacation days. Lisa how do you price the future with a present that is very much dy
Done at library of congress which is sponsoring todays events. Its a wonderful institution. The beautiful buildings, theyre such Important Research materials there. And its all available free. These Public Access high braerz are really one ofst things that make our nation great. Now this is a self selecting crowd. I know some of you already know who Francis Perkins is. But a lot of people dont. So lets start by asking this question. How many of you know who Francis Perkins is . Oh, yes. This is great. Good, good, good. How about this . How many of you know someone on Social Security . Please raise your hand. How many of you know someone who is receiving Unemployment Insurance or who has ever received Unemployment Compensation . How many of you know someone working a 40hour week . More or less. Frances pirngs work. How many of you know a 12yearold who has quit going to school so she can work fulltime in a factory . Frances perkins work, her ban on child labor enacted in the fair standar
Because the entire book and the life of Francis Perkins were in the streets around this building and ill explain to you how that happened, and much of the research was done at the library of congress which is sponsoring todays, vents. Its a wonderful institution. The beautiful buildings. Theres such Important Research materials there and it is all available free and these Public Access libraries are really one of the things that make our nation great, and im very grateful to the library of congress for being here and for continuing to give us such wonderful material. Now, this is a selfselecting crowd. I know some of you already know who Francis Perkins is, but a lot of people dont, so lets start by asking this question. How many of you know who Francis Perkins is . Oh, yes. This is great. Good, good, good. How about this . How many of you know someone on Social Security . Please raise your hand. How many of you know someone who is receiving Unemployment Insurance or who has ever recei
Celebrities like lynn arctic caprio and Kim Kardashian. Newly Public Companies newly Public Tech Companies roaring out of the gate. Frog closing j with huge gains and ceos join us. President trump is expected to give a press conference any moment at the white house and we will bring you headlines from that event. News tumbling out by the minute with oracles bid for tiktok. Moments ago bloomberg learned the following about the terms of the deal. That oracle would happen all of tiktoks u. S. User data in this scenario and oversee all of tiktoks u. S. Technical operations. Oracle would be able to check source code to prevent backdoors. Tiktoks u. S. Board would be approved by the u. S. Government and oracle would create, they say, 20,000 new jobs through tiktok operations. Joining us to talk about how it has impacted markets, we have bloombergs sarah ponczek. Lets start with the fed decision and how it rippled across the markets today . Sarah we have a lot of moving parts but when it come
Concerning its policy towards taiwan, and what will the amendment to to promote relations across taiwan straight . Taiwans trade . [speaking chinese] as said in the government work report, our principal and policy towards taiwan has been consistent, which is well known to the international community. We will stay committed to the one china principle in the 1992 consensus. We will continue to further oppose taiwans independence. On that basis, we are ready to have dialogue and with any political party, group, or personages in taiwan regarding prostrate relations and the feet Cross Strait Relations to promote relations and peaceful reunification of china. In this respect, we will continue to show maximum sincerity and do our very utmost. Taiwan questions chinas internal affairs, and we have all along opposed internal interference. The chinese nation has the wisdom and the ability to handle appropriately and well its own affairs. [speaking chinese] we view our fellow competitors as brothe