[background noises] the Senate Committee on banking will come to order welcome back chair gensler. Markets to provide for their futures for far too long our markets advance regulators the answer to the interest of the powerful few on wall street, big banks and private Fund Managers Corporate Executives looking to keep profits for themselves instead of investing in their workers and innovation and the american prosperity. New Technology Risk further concentrating power on wall street at the expense of americans fraudster use, Cyber Attacks deep fake Ai Technology to scan american savers based with that unfair Playing Field that favors entrenched wealthy interest over hardworking americans the sec has its work cut out for it to protect families whose hard earned savings are invested in the market. Many on wall street have suggested sec has been moving too fast recently. We have heard all of the complaints. I amov sure we will hear them again today for too many rules, too fastd too hard t
Robyn grew was promoted from president to chief executive last september. The high point of a 15year career at the firm. The former barrister entered the world of finance three decades ago and never left. Robyn the speed of change, the impact, the global nature, the challenge of it just never stopped getting more and more infectious for me. Francine in this episode of leaders with lacqua, i speak to robyn grew about diversity, purpose, and what the future holds in an everchanging world. Robyn grew, thank you so much for joining us on leaders. The world is a bit strange. There are so many polycrises, or whatever you want to call it. It is just difficult to get a handle of what comes next. Robyn yes, yes, that would be the shortest answer i could ever give, yes. It is difficult. I think that if this year has taught us anything, it is that prediction is not our strongest suit, perhaps, and that is not just in relation to markets, but in relation to these big geopolitical events that we ar
Gains. Markets and euros doing nothing, even with some german confidence numbers. In the bond market, treasury yields up by three basis points. A steeper yield curve in todays session, as wall street gets back to work. Lets get you some headlines outside the Business World. Hears taylor riggs. And russia have agreed on a former to extend Oil Production cuts, according to people involved. The agreement is set to extend cuts to the end of next year. Balkinglin has been anthonys foreign extension. The current deal doesnt expire until the end of march. The Holiday Shopping season is officially underway, some stores in the u. S. Got a jump on black friday sales. Brickandmortar chains are having positive optimism about their prospects. Theres a signal the former Trump National security adviser Michael Flynn may be in discussions some time with special counsel robert mueller. Lynns lawyers have quit sharing information with President Trumps legal team. The president fired flynn for allegedly
Stoxx 600 after a selloff in Technology Stocks. Meeting, we understand that russia and opec will extend their production cuts. Eurodollar, im looking at that, also pound. Maybe finding an agreement. With some of her possible coalition partners. Later on, we talk italian banks and risk with claudio costamagna. Interview yousive dont want to miss as well. Minouche shafik joins us in her first tv appearance since leaving the boe. I, we will talk with the socgen chairman. Lets get to the bloomberg first word news. Nejra u. S. President donald trump has nominated Marvin Goodfriend to be a governor of the Federal Reserve. A professor at Carnegie Mellon university and a former director of research at the richmond said goodfriend has served on an independent panel of economists known as the shadow open market committee. Opec and russia are ready to extend their Oil Production cuts until the end of next year to ensure global stockpiles keep falling. Viennang to delegates in , all opec members a
About fbi impartiality dating back to the obama administration. It says Text Messages between former Bureau Officials in 2015 reference a directive from president obama to know everything we are doing in regards to the Hillary Clinton email investigation. Texts indicated advanced knowledge secretary clinton even award prosecution before being interviewed by the fbi. Salt lake city is the first between announced it would pursue the winter olympics. After spending four months ensuring utah could host the games again without using money. Global news 24 hours a day andred by 2700 journalists analysts in 120 countries. Im Mark Crumpton. This is bloomberg. Julia live in new york, im julia chesley. Joe im joe weisenthal. Julia another day of choppy trading. The dow up 200 points. 85 . Ar yield around the question is, what did you miss . Announce aers bipartisan deal to fund the government for two years. The senate still has to vote on the deal. Investors are trying to make sense of the violen