Program might be used to or result in some way a crowding out of a significant portion of the economy shortterm private credit liability. And then it goes on to consider this is where i got into trouble. Such a Development Might conflict with the fifth Monetary Policy octave i got confused i will tell you i was on an amtrak south of washington behind a Freight Train when i read that section. That had something to do with it. But ting that section and one or two others could have been simplified a little bit and then clarified. I probably said enough by now to signal my high regard for this book, i can do it. I can do it. [laughter] but in closing let me salute that the very strength of the book for me actually highlights if the fed and the fdsc needs strong and essentially discretionary Emergency Powers to prevent or confront o runs how do we reck are sile such powers with legitimacy requirements of a democratic society. This is a Critical Condition in today political environment with
Introduce in a house in 2013, a companion to the senate in the same year. The only reason that bill did not become law is because the republicans in the house and the republican speaker would not allow any Immigration Reform to come for a vote. I believe this legislation came if it came to the vote it would pass overwhelmingly. I will only support a person for the suit for speaker of the house next year who pledges to bring cumbre hence of Immigration Reform to the floor for a vote. Mr. Dole come i think you should do the same. We joy to respond . I think what youre finding and what we see over and over again is that my opponent will take a partisan tap on everything. This is not how we solve problems. This is how we saw an education move forward or a highway bill or how we solved or pay doctors who take care of seniors. Move truly are going to forward if we break through the gridlock, it will be with bipartisan support. Thats why every single news has endorsed me as the bridge builder
Introduce in a house in 2013, a companion to the senate in the same year. The only reason that bill did not become law is because the republicans in the house and the republican speaker would not allow any Immigration Reform to come for a vote. I believe this legislation came if it came to the vote it would pass overwhelmingly. I will only support a person for the suit for speaker of the house next year who pledges to bring cumbre hence of Immigration Reform to the floor for a vote. Mr. Dole come i think you should do the same. We joy to respond . I think what youre finding and what we see over and over again is that my opponent will take a partisan tap on everything. This is not how we solve problems. This is how we saw an education move forward or a highway bill or how we solved or pay doctors who take care of seniors. Move truly are going to forward if we break through the gridlock, it will be with bipartisan support. Thats why every single news has endorsed me as the bridge builder
The pound rising for the First Time Since the uks decision to leave the European Union. We have seen recovery of investor appetite for higher yielding assets. Urrency markets zapping demand you can see the volatility index dropping down 9. 8 . When you look at the underlying compass for this slightly entrenchment slight entrenchment, Monetary Policy and the Central Banks to stay firm. Will get one that. We will bring you Mario Draghis speech live from portugal. The skip to the bloomberg first word news with nejra cehic. Nejra David Cameron is set to face his european leaders for the First Time Since the brexit results. The Prime Minister will endure an awkward dinner with his cohorts later after his efforts to calm britains failed to stop the pound from slumping again yesterday. George osborne has made it clear that the u. K. Will be poor in the wake of the brexit vote. The u. K. Chancellor added that the country is a certain to need hikes and further spending cuts. He ruled himself ou
, will the double down . Watching the ftse 100 on the back of that m a news. Look how we trade ahead of the market open. France, italy, bank holiday. Markets are open, but we could see light volume. Stoxx above the 200 day moving average, can we see sustained gains after the postbrexit . Aboute will be talking italy and france as well. Will be throwing water balloons at each other today. We do have markets expecting light volume. Let me walk you through the morning gmm. Japan and focus. The front end of the japanese curve, more dismal data coming through. From a currency point of view, the markets look calm. The japanese yen not doing much. Here is bloomberg first word news. Thank you. Grew less than forecast to the end of june, gdp expanded by 0. 2 and the second quarter, less than the median estimate of economist for 0. 7 . The data comes as business spending contracted for a Second Straight Quarter, and exporters struggled with the resurgent yen. The european from union could be del