bear. taiwan airspace, this is what is happening over there russia and ukraine. is it because they look at our president as weak and this is their opportunity to do this? steve: the good news is for ukraine they are better equipped than they were back a couple of years ago. so that is good; however, russia is gigantic, and russia it s existential threat to them. here is ambassador robert o brien who was in the trump administration talking about the russian threat to ukraine with larry kudlow last night. putin is pushing these troops up on the ukrainian border. and the question is what does he want? there are two big things he wants. he wants to make sure ukraine never becomes part of nato and second they become part of the eu. we have great tools we had nord stream 2 you and i and pompeo and mnuchin and president trump helped stop during our time in office. that was given to the russians and asked nothing in return.
it has been made very clear that senator mcconnell has no intention of budging here. we also learned this week former treasury secretary mnuchin and paulson reaching out, expressing their concerns about what could happen. but the message from mitch mcconnell is he s not budging. is there any reason to think that would change? no. i don t think it is going to change. he s been saying rather publicly since july, right, that you should not expect senate republicans to participate in raising the debt limit, not in the wake of the $2 trillion covid bill that was passed in march that senate republicans, house republicans thought substantially overshot the mark and i think they feel vindicated in that view. and doubling on especially with $3.5 trillion spending bill simultaneously being processed by the house and the senate. so when it comes to the debt ceiling, the debt limit as we have been talking about, just reminding folks at home, this is saying you re going to pay the bill for what
purchased, right? it is paying your credit card bill for what is already out there. look, he s done that before. is this a purely political move on the part of mitch mcconnell? you know, it is not really. there is sort of i think there are two conversations happening. unfortunately it is not the same conversation. what you see from secretary yellen and secretary paulson and mnuchin and others and senator schumer is this is really important, we need to do it. i don t think you should not interpret nobody should interpret leader mcconnell s statements as sayi ing no, thiss not important, he s talking about the way it should be done. you have a substance conversation and process conversation. no one is disputing the substance. the march covid bill or the $3.5 trillion spending bill where republicans said that is a good idea, we shouldn t do it, they re not saying you shouldn t raise the debt limit. what they re saying is democratsdemocrats have the house, the senate and the white ho
SoftBank Group will invest in a $2.5 billion private equity fund set up by former U.S. Treasury secretary Steven Mnuchin, the Japanese conglomerate said on Wednesday without disclosing the size of the investment.