We are joined by will h urd. Why arent you running for reelection . Rep. Hurd i am looking forward to staying involved at the intersection of National Security, education, and technology. And to continue to talk about technology. Or working with Cutting Edge Companies that are working on Artificial Intelligence, quantum. It is super exciting. These dont believe that positions in congress were designed to be for 30 years. Ive always said that 6, 7, or eight years is likely the best thing. I am going to try to go off and do other things. You have written a paper for the Bipartisan Policy Center on Artificial Intelligence, cybersecurity, and legislation. Whats the crux of your paper . Its a seriesl, of papers and ultimately will turn into legislation. Is a National Strategy on Artificial Intelligence. We have to go back a couple of years. When republicans were in the majority, i was the chairman of the subcommittee on information technology. We looked at privacy, i. T. Procurement, emergi
Guest reporter. Congressman, first off, why are you not running for reelection . I am not running for reelection because im looking forward to continuing to work on topics i care about. There is more than one way to preserve a country and everybody thought i was crazy when i left the cia, a job i loved and was good at in order to run for congress because i thought it could help the Intelligence Community in a different way but im looking forward to staying involved with the National Security, Public Policy and technology and to be able to continue talking about technology, whether that is through the media or working at a cuttingedge company that i am working on art of political intelligence and quantum is super exciting. I also dont believe these positions in congress were designed to be in for 30 years and i have always said that six, seven, eight years is likely the best thing and so i am hitting that time and decided to go off and do other things. Host in fact, you have written a p
Record close and we know why. I have to tell you this was just a parade of both American Ingenuity and strength there was a time when i was listening to brian i shouldnt just limit it to amazon every Conference Call last night with the exception of google was incredible the power of these companies is extraordinary and i dont think that we can actually brian ol staff ski when he talks he is the cfo of amazon, when he talks about the idea that basically we didnt know we were going to make billions of dollars more than we did. Not tens of millions, not hundreds of millions, but builds what a juggernaut. Most impressive of last night. David, i have a lot of good things to say about the others and good things to say about google, but amazon thankly is a company that basically has no idea how much money it can make. Ive never seen a company like this theres never been a company like this. Well, and the market agrees with you and investors have for a long time, jim, but they have delivered o
Holding 9,000 very important for the week all major averages in the green the dow up for the third week in a row. Connell we will take it a lot coming up this hour im speaking with huaweis chief Security Officer about the companys negotiations with european leaders, trying to avoid being blacklisted over there the way it is here so thats coming up. Were going to get Market Reaction from steve forbes in a moment but first lets start with gerri will else on the floor of the new york stock exchange. Gerri were going over the last second details because we keep flip flopping back over these levels its fascinating to watch the dow closing at a new record high as you were saying it is the 22nd of the year, what a week weve had the s p not in record territory today, but the nasdac above 9,000 which is an important level for the nasdac, new territory, new ground. Nike has been leading the dow, this is yet another record high for the stock today, and 101. 79, you know, those Colin Kaepernick sh
Maria big show this morning, joining the conversation fox business Dagen Mcdowell, the host of the secrets of wealthy women podcast veronica is here and entrepreneur kevin oleary. Do you want to take money to the sidelines until a deal is done . I come to the conclusion the market wont care because whats really occurring here is we have back tax, valueadded tax on chinese goods and they have been absorbed quite efficiently in the u. S. Economy, every other g7 has a back tax, we have one just on china. I dont care if they continue to ratchet up the tariffs because i think its the right way to get a deal done. Maria youre in on this. People were expecting recession or some sort of recession in 2020, not hearing that nearly as much anymore. Maria absolutely. Whats predicated on that is theres a trade deal, we will see a pullback in market in 2020. Dagen market has told you that the Recession Risk has fallen because the yield curve is no longer inverted and the 10year yield on the treasury