With a pan come up with a plan. Does actually get through congress . , i dont think it does. I think it is very little chance of getting through the senate. That is one of the many reasons why i remain with my 10 likely to have a stimulus deal before the election. This is just not going to happen. The parties are in four different places dependent on which faction you are talking about, all the way from zero to 3. 5 trillion. Theres no time to come around to something before the election. Guy who does this work for . . It clear he doesnt work for the American People if we dont get a deal. If nancy pelosi can figure out a way to get a deal with the white house and have it blown up for mitch mcconnell, is that something that works for her politically . Terry i think it doesnt work for her politically. You have to understand why she is where she is. Once upon a time, it was magically 3. 5 trillion or forget about it. Then all of she came down over 1 trillion under pressure from her politi
Today. Stocks higher as the president returns to the white house plus two big steps in the race for a vaccine sending shares of biontech and vir higher. And battles over how to regulate big tech over a yearlong antitrust investigation republican ken buck from colorado will join us to discuss the gops concerns about too much regulation. Power lunch starts right now welcome to power lunch. Im dominic chu. Check out shares of boeing, one of the biggest losers, down more than 2 as it says the pandemic will hurt Aircraft Sales for the next decade. American airlines delaying boeing 737 max Pilot Training as it awaits the faa to recertify the plane. And the reopening trade is reactivated on some of the positive vaccine headlines that kelly just mentioned on air and then of course the energy trade on fire right now, one of the best performing sectors as crude oil jumps, now up 9 in just the past two days. Watch those trades, the energy sector, very, very much on the up side there. Kelly, ill s
A step in the right direction. Whatever your cup of tea. Were following reaction about the Senate Republican plan to Reform Police departments across the country, without getting too involved how they go about daytoday business. That is source of criticism for democrats saying they dont go nearly far enough. Hillary vaughn, back and forth on this out of washington. Hey, hillary. Reporter congress has dueling bills that address Police Brutality while the house is marking up their reform package that republicans in the senate today, introducing their response. Senator tim scott leading the effort today, saying his proposal goes hand in hand with the president s executive order he announced yesterday. Too often were having a discussion in this nation about, are you supporting the Law Enforcement community or are you supporting communities of color this is a false binary choice. The answer to the question of which side do you support, its i support america. Reporter to strike a balance bet
Againlls over the weekend pointing to a conservative victory. We have a mild bid on the german tenyear today, 31 basis points. Weve now got a three handle again. But its a big week for the euro, with the ecb coming up later on. Certainly watching Christine Lagardes first performance after that decision is made on thursday. Vonnie. Vonnie just a little while ago, we got word that paul volcker had died. The former Federal Reserve chairman broke away from runaway inflation brought the bank to and later,lation, during the obama administered and the obama administration, was brought in to create the volcker rule. For more on his luck as we are joined by stephanie flanders. Clearly, volcker had an enormous career. He served under six president s, both republican and democrat. Started to really change the way the u. S. Handles Monetary Policy. What would be his most outstanding legacy . Stephanie i think youre spoiled for choice because he was involved in some of the key Landmark Events in Gl
Wednesday. Closing the day up by 123 points still on track for major indices to see the third week in a row looking at dow futures s p 500 down by 10, nasdaq down by 25. What happened . Stocks took a dive it was more a product of the percentages were going up for powell to have another cut all but factored in. Bad news has become good news. Good news has become good news if you look at the december percentage cut, it doubled 30 to 60 . October, yes december, yes. Sort of. The market took that as a positive well see what happens today the jobs report is the all important one that hits in 2. 5 hours time. Looking at what happened overnight in asia. The nikkei ended up by about a third a percentage point the hang seng is up just over 1 you are looking at a mixed picture. Not Much Movement for the dax or the ftse a little weakness in italy and spain. Looking at treasury yields coming under pressure on this data in terms of the ism manufacturing numbers and the nonmanufacturing ism we got y