President elect haydn, the formal transition to his administration began on monday this week, they president elect saying his team had spoken with you. Said his team had spoken with you. Who did you talk with specifically on his team and when will you meet with him directly . Base with theed chief of staff, ron klain. We do not talk about the nuts and bolts. Obviously, soon we will be getting the Transition Team and the task force to give them the information that would make their assuming the responsibilities easier and more efficient. Serveif asked, which you on a Biden Administration Coronavirus Task force . Guest of course. Host what are you anticipating from the Biden Administration, specifically on the idea of testing and tracing . Guest i dont want to get ahead of them. They will have their agenda. We will discuss it together. I certainly will give them recommendations, but i dont want to get ahead of them and make announcements of what they should do. We really need to sit down
The next four years and what it can reasonably be expected to achieve. Number what, largely, to be a steward of the nations recovery. Having to reconcile with an agenda that formally biden cant begin to implement it until january 2020. That leaves time for the Trump Administration to steer the agenda to our they favor. Covid cases are trending higher. There are signs that Economic Growth is showing some strain. When we talk about what good potential he talk about, Mitch Mcconnell is on board for some fiscal stimulus. Jay powell out there also making comments about what could potentially be done. Carolinerobably why sort of stormed off the set. Ratio, a lot of people in washington, look where the budget deficit is. I know you are a closet mmter, joe. Explain to me how you get a major fiscal stimulus done. Joe you just vote for it. Politicalm is constraints. There is a lot of agreement, we need more stimulus, various programs that were enacted at the start of the pandemic, we have a spen
19,000, but is the best still yet to come . Proceed with caution. Soundingone analyst alarms over sky valuations. Lets get to those evaluations. We start back with all u. S. Markets. Big day on wall street. The dow topic 30,000 for the first time. The s p 500 index also jumping to a record. Russell 2000 also. Abigail this reopening reflation trade back on, bringing record highs and big round numbers. Lots of euphoria over the market looking toward the second half of next year. It was like and everything rally for different stocks. Tonically, the only index sit out was the biotech index, theuse ironically it is vaccine and medicine people are so excited for smallcap banks up 5. 3 . Yesterday, apple was kind of precarious. Technically crossing some downside levels, but not so much today. Relative to the real reopening, some cruise lines, airlines sharply higher on hopes that once the vaccine gets circulated into the world, people will be traveling again and also gambling at the resorts.
The head of pizza hut will tell us about business in a covid world today. A check on the Restaurant Industry. Hell reveal the companys latest menu expansion and the brand new product that has hold out in a matter of hours. But first, lets take a look back at some of the weeks big movements in this e moments in this weeks edition of the talkers. Watch. Tell us about your experience this morning on the pfizer drug. I had two doses in august, one in early august, one in late. Minimal side effects, but im feeling great, and im feeling very confident. Maria how do we control Health Care Costs . Thats one of the most important issues, i agree with you. Its a critical issue, and Neither Party has a brilliant answer. Its the hardest issue, ironically given the 12 years of battle over the Affordable Care act, ironically, that was the easy part. Maria and what are you finding so far . What do you think went on here . The core of the case, called the meat of the case, one thats common really in t
Proposal, calling on the increased role the federal government and the National Election process. Good morning welcome to washington journal. Its a great pleasure to be with you thisfo morning. See him before he gets your proposal and me ask about the election itself. Nahor jumped four weeks hence, record turnout and by the federal governments on statement a secure election, the most secure election in u. S. History. What are some of your observations. Things that you found surprising in this years election . Guest the election was a very secure election b all standards. But, and weeks and months leading up to the election there was a tremendous amount of litigation and dispute over how mail in ballots would be counted and other issues of electioneering. And followinghe election, as everyone is aware a terminus amount ofitigation. A fair amount of uncertainty as to how and when results could be certified. So i think it has certainly been a secure election. But it isn election and which