The transition process starting to kick in. Tom not only the good news, but just as much as there was no bad news today, and that gives a lift to equities and other adjustments in the market. Jeffrey currie will join us from Goldman Sachs, which is wonderful. Futures up 27 and we will talk about the data in a moment, but yes, chair yellen front and center in this historic moment for our politics. Francine lets get to bloomberg first word news in new york city with ritika gupta. Ritika President Trump is finally calling on his agency to cooperate in the formal transition process with joe biden. That follows weeks of inaction. The General Services Administration Made its official made it official with its acknowledgment that biden was the winner of the election. Still, President Trump says he will contest the outcome of the vote. Formeren has turned to fed chair janet yellen to be his treasury secretary. She would become the first woman in the job if she is confirmed. She is likely to wi
So youll come out with a clear decision before election day. Yes. Depending on how they handle this. A lot of people is have asked you will you accept a peaceful transfer of power. They spied on my campaign and they got caught, and they spied heavily on my campaign, and they tried to take down a dulyelected sitting president , and then they talk about will you accept a peaceful transfer. And the answer is, yes, i will, but i want it to be an honest election, and so does everybody else. Paul this as Senate Republicans called on twitter and facebook to testify on capitol hill following the social media platforms decision to block reporting by the New York Post about joe biden and his son hunter, prompting new accusations of big tech bias and censorship in the closing weeks of a campaign. Lets bring in our panel, wall street journal columnist and deputy Editorial Page Editor dan henninger, columnist kim strassel and Editorial Board member kyle peterson. Dan, lets start with you and, dan,
Good morning. Welcome to the hudson institute. We are honored and privileged to be hosting this great event, a conversation with robert obrien, the assistant to the president on National Security affairs, otherwise known as National Security adviser. I want to welcome all of you here who were able to join us, and the audience watching live stream from the hudson website. But also a very special welcome , to our cspan audience who will be following this event on cspan2 today, and were delighted to have you here, if only virtually, and delighted to have everyone who was been able to participate in this discussion. This i think is going to be one of the most interesting and significant events that weve done here at hudson, particularly given the fact that we are less than a week away from the election when so many of these issues that were going to be talking about today, the question of what america is going to do, where americas going to go from here, those issues are going to be decide
Biden. Last ditch support efforts for both candidates moving at breakneck speeds. And digital gold. Cryptocurrency on demand with rising prices for bitcoin. You can crypto a lot of things, but dont call it currency yet. Rising aftertocks resuscitated hopes for a spending package. The nasdaq had a modest game game. Abigail doolittle is in new york. Abigail another choppy day. We have not had one day this week when we have not had stocks up and down throughout the day. There has not been when they were that has been the case. We have seen a lot of intraday whipsaw. Investors are pretty nervous. Some uncertainty. The s p 500 is up after spending most of the day down. Up about 0. 3 . Two down Sectors Energy and tech. Not surprisingly, tech being weighed on by intel. The stock one of the only indexes on the date of fall. Day to fall. Data center sales missing down 10 year over year. The guidance tepid as well. At the end of the day, it was a choppy week. Investors dealing with lots of uncer
But also a very special welcome to our cspan audience who will be following this event on cspan2 today, and were delighted to have you here, if only virtually, and delighted to have everyone who was been ablo participate in this discussion. This i think is going to be one of the most interesting and significant events that weve done here at hudson, particularly given the fact that we are less than a week away from the election when so many of these issues that were going to be talking about today, the question of what america is going to do, where americas going to go from here, those issues are going to be decided very, very soon. And so what happens in our discussion here i think will help us to understand as a guide to what takes place, regardless of who it is who will be sitting in the oval office come january january 21. I want to say a few words about our distinguished guest. Robert obrien was born in los angeles and graduated from the university of california berkeley with a law