Talk to the county executive steve malone about the plans he has to reopen the beaches out there, and also, youll meet a very creative local Business Owner who has managed to turn his restaurant into a drivein movie theatre of all things so all thats coming up busy hour ahead first though fox Business Team coverage of our top stories here on a friday with blake burman reporting from the white house but we start with lauren watching the markets for us here is to wrap up the week. Lauren . Lauren hey, connell very quiet session, ahead of a long Holiday Weekend stocks actually traded in the narrowest range in three months and in the end i thought the dow was going to go positive but it fell about nine point, s p up 7, nasdac up 39. The sectors that led the weeks rally, energy, material, financial, they led todays retreat and you can see that if you take a look at the laggards on the Dow Jones Industrial average today, chevron, caterpillar, boeing. Investors weighing opposing forces connel
[inaudible conversations] we are on a tight time schedule. Today the conversation is on fire. [inaudible] a decade of governor waller. Prior to his confirmation appointment as the Federal Reserve board governor he was executive Vice President of the st. Louis reserve and a partner that the distinguished economic professor at u. Of Notre Dame University of kentucky and university of indiana. With an extensive and to lesters academic pedigree with experience within the st. Louis Federal Reserve he has taken that view to washington and has come up with some strong views in washington and i want to start with the comment you made in a speech entitled cdbc a solution in search of a problem. In that speech he said quote theres no reason to think the Federal Reserve can develop Cheaper Technology than private firms. End quote. I opened state america are the runs on the cdbc commercial Digital Currency. Do you see a benefit to society that swapping out the first commercial to central . I gave
The Financial System that we deserve to have for everyone. We need to do a lot better and bring all of the rains together to get better. What she said. Soul. [applause] thank you so much for great panel. We are taking a break. Cause [inaudible conversations] we are on a tight time schedule. Today the conversation is on fire. [inaudible] a decade of governor waller. Prior to his confirmation appointment as the Federal Reserve board governor he was executive Vice President of the st. Louis reserve and a partner that the distinguished economic professor at u. Of Notre Dame University of kentucky and university of indiana. With an extensive and to lesters academic pedigree with experience within the st. Louis Federal Reserve he has taken that view to washington and has come up with some strong views in washington and i want to start with the comment you made in a speech entitled cdbc a solution in search of a problem. In that speech he said quote theres no reason to think the Federal Reser
Put up a the administration and generally to buck me up sometimes and i felt a little beat down or overwhelmed, who would give me some focus and remind me i had an opportunity with the shop not just to provide oversight over the 700 billion bailout, but use it as a bully pulpit to try to affect positive change as we were going to the bailout. Cspan what impact did it happen anything that do this are public enemy George Bush Administration and the white house and a counselors house and youre a democrat . Guest politics are never much of an issue. We were colleagues. We became friends. Not just the end though, that it transcended politics. We had a shared mission and politics are not something we talked about that much. Id friends we never knew until years later if they were republicans or democrats. My and her actions with those developing. Though was friends with Chuck Schumers legal counsel, who went on to become, nominee as the u. S. Attorney for the Southern District of new york. Ou
I she schwab is yesterdays news. Tobin . Tomorrow the raves are going to win. But the bigger issue is also under armor does benefits, so i like the ravens. John, do toby. I like his pick for the super bowl, but i think the stock is ahead of itself. Im a california girl. 49ers go, but the real winning team, business. Refund refund . Are you crazy . Refund . Refund . Refund are unions looking for a health care refund . Hello, everyone, im Charles Payne in for neil cavuto. Call it buyers remorse. A new report saying the unions are upset with the Health Care Law they supported. Now they want federal subsidies, but they ask for the law in the first place. Should they pay for it . Ben stein and dagen mcdowell, adam, charlie and gary k. They should pay for every dime. The politicians didnt read the bill. The unions didnt read the bill. Every time obama comes president obama comes out with something, they just back it no matter what, and all of a sudden they have an oops moment cause they real