Businessweeks editorinchief, joel weber. We begin with jay powell. Joel take something complicated and this still it down to its most simple form. Istill it down to its most simple form. The cover is an expression of that this week. Jay powell, fed chair, probably the most important person in the world of finance. He heads the Financial Institution that is probably the most important anywhere in the world and for a year now, hes been the target of trumps friend are ire, because trump wants lower rates, lower rates, and jay powell has basically been a stoic figure through all of that. Carol we believe this is an independent organization, and for the first time we are wondering is it going to remain independent . And can they continue to fend off the executive branchs desire for lower rates . Right . We will see what happens this next week with rate cuts. The market basically thinks there will be a rate cut. The bigger story is one we wanted to ask to dig into, which is for a year now we
The cover figure on this week. Fed chairman jay powell. Joel jay powell is probably the most important person in the world of finance. He has the Financial Institution that is probably the most important whenever institution anywhere in the world. For a year now, he has been the target of trumps twitter either. Trump just once lower rates, lower rates, lower rates. Wants lower rates, lower rates, lower rates. Carol they have been an agency for so long. We are wondering if they will remain that way. The market thinks they will be a rate cut. The bigger story is one that we wanted to ask chris to dig into. For a year now, we have been living through this tension between trump and how. More trump than powell. It is onesided. Chris got to is that there is not much of an effect on policy standpoint for the fed. This will take a few months to evolve. This could be radical. Shelton is nominated for the fed. We dont know how that will go nor what you might do if she gets into that seat. A good
Witnesses and representatives also discuss the issue of data privacy and the need for federal regulation. The subcommittee will come to order in the chair will recognize itself for an Opening Statement for five minutes. I will spend my first little bit to say we have news on our Ranking Member and we Exchange Messages over thanksgiving weekend. What a wonderful lady, what a wonderful person and someone who really puts this committee, the subcommittee and the institution of congress. We have another year to Work Together. You will be sorely missed. Thank you. [applause] oh my goodness. [applause] thank you. We still have a year to get things done and we will get things done. I would just like to thank our witnesses for being here today. Ive got to get my statement in and four minutes. That was important. I should not use all my time. Thank you to our witnesses for being here today. Issues regarding Artificial Intelligence. It is important that we shine a light on a roll ai can play in s
Witnesses and representatives also discuss the issue of data privacy and the need for federal regulation. The subcommittee will come to order in the chair will recognize itself for an Opening Statement for five minutes. I will spend my first little bit to say we have news on our Ranking Member and we Exchange Messages over thanksgiving weekend. What a wonderful lady, what a wonderful person and someone who really puts this committee, the subcommittee and the institution of congress. We have another year to Work Together. You will be sorely missed. Thank you. [applause] oh my goodness. [applause] thank you. We still have a year to get things done and we will get things done. I would just like to thank our witnesses for being here today. Ive got to get my statement in and four minutes. That was important. I should not use all my time. Thank you to our witnesses for being here today. Issues regarding Artificial Intelligence. It is important that we shine a light on a roll ai can play in s
Donald trump putting the Campaign Trail Today in deep blue bronx, new york. One question, why . Another question . Will he be thinking, nikki haley . Today . And theres also new video coming into it shows the aftermath of a relentless attack on ukraines secondlargest city of kharkiv. Ukraines president , putting the blame for that fact on a lack of air defenses and a president ial Campaign Rally turned into a nightmare. Nine people are dead. Why that candidate in mexico . The this facing real questions, this morning. Im kate fatherinlaw, john berman. Amara walker is in for sarah. This is Cnn News Central all right, this morning its not a big surprise that nikki haley will vote for donald trump, even though she has said hes too old to unhinged and to chaotic to be president. But there are Big Questions from trump these numbers matter a lot to trump right now after nikki haley dropped out of the race she still picked up notable votes and five state primaries. And this morning, her messag