The transition process starting to kick in. Tom not only the good news, but just as much as there was no bad news today, and that gives a lift to equities and other adjustments in the market. Jeffrey currie will join us from Goldman Sachs, which is wonderful. Futures up 27 and we will talk about the data in a moment, but yes, chair yellen front and center in this historic moment for our politics. Francine lets get to bloomberg first word news in new york city with ritika gupta. Ritika President Trump is finally calling on his agency to cooperate in the formal transition process with joe biden. That follows weeks of inaction. The General Services Administration Made its official made it official with its acknowledgment that biden was the winner of the election. Still, President Trump says he will contest the outcome of the vote. Formeren has turned to fed chair janet yellen to be his treasury secretary. She would become the first woman in the job if she is confirmed. She is likely to wi
These spiritual attributes that your name will be glorified throughout our nation and world. As our senators dedicate their lives to obey your precepts, direct them to your desired destination. Lord, give them a faith that will not shrink when at times they cannot see clearly the road ahead. Help them to place their total trust in you. We pray in your holy name. Amen. The president pro tempore please join me in reciting the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam president. The presiding officer the senator from iowa. Mr. Grassley i ask for one minute in morning business. The presiding officer without objection. Mr. Grassley imagine the people of the United States have been able to follow the demonstrations in bella rouse in opposition to the president declaring victory, since alexer chankov has con sol dated con
You can think of. And britain is opening its 1st migrant camp for a surge in Channel Crossings but locals give mixed reactions to the move. So just hearing it we dont want it for the people like the babies will be if i did not have a chance. To get to use. Good morning from russia live from arties world news headquarters here in moscow this Tuesday Morning is kevin 0 in here for the next 30 minutes with the latest round up for you great every company by the way 1st then maybe i was surprised to hear sadly the world seeing a resurgence of covert 19 countries registering a record spike in infections most notably france spain and britain are the most affected in europe while iran is also seeing a worrying rise in deaths its forcing governments to bring about restrictions britains urging citizens to work from home and also shortening Restaurant Hours meantime may be no surprise either they hear that the pandemic is hitting the poor and vulnerable groups the most are your correspondent chin
Firmly in the red here nasdaq is up 104 . Up 3 this week alone. Only tuesday coming up on todays show kraft is trading higher. Of they outline two billion in cost cuts and selling off part of the cheese business not all of the cheese business and some confusion as to which cheeses go and which stay. Well find out why the companys president about those moves will join us to discuss whether lack of fresh stimulus can impact and speaking of stimulus, former treasury secretary jack lew will join us and his article calling for more than 2 trillion in government spending. We begin with breaking news on apple. It is much anticipated event unveiling a new number of products we have the latest josh so a lot of news in that 60 minutes of apples show today. Start with the new hardware. That new ipad air. It is going to start at 599 available next month 10. 9 inch display with a huge boost in performance we know the ipad is a hardware line clearly benefitting from that work from home trend apple w
Watch quote washington journal 7 00 eastern tuesday morning. Join the discussion with your phone calls, facebook comments, Text Messages and tweets. Continues. Host we are joined next by former federal Emergency Management Agency Administrator craig fugate. Thank you for being with us on washington journal this morning. Guest thanks for having me. Host a number of items on our plate including the covid19 response. First, to the response to hurricane laura. The hurricane coming effectively the same week marking 15 years since hurricane katrina. What lessons do think fema and the federal government learned in terms of response to hurricanes in particular . Guest i think the biggest lesson was that we dont wait until we are asked to start getting ready. To be ana, there seem lot of confusion about the governor having to make requests and what femas role was going to be. Congress, after katrina launched substantial legislation. Governors are going to be is he dealing with this. The federal