Welcome to squawk box. Im Andrew Ross Sorkin along with joe and melissa lee, becky is off the s p looking to open about 12 points higher. Well explain why some of this is happening and lets show you treasury yields as well the ten year note right now looking at 0. 931 . But maybe a little bit of an explanation coming up here, melissa . Yeah, some optimism Mitch Mcconnell said that compromised deal was within reach and well get a live report from washington at 6 30 a. M. And we heard it before, but it seems like btoth sides are comig a little closer. On a much lower number. And im just thinking about, i dont know, andrew, what did we do to deserve this i mean we are living right or i mean, who ushered in the new week on squawk box on monday who is helping us usher out the week that was on squawk box . A monday and a friday. Is this46 w was this planne melissa, what did we do to deserve this not wouldby not by me how long has it been, stimulus vaccine i guess the election, although we do
By law, the bidenharris team cannot access federal funding or contact federal agencies without gsa signing off. Now despite the step, the president is clearly not conceding. In a series of tweets he wrote our case strongly continues. We will keep up the good fight, and i believe we will prevail. Nevertheless, in the best interests of our country, im recommending that emily and her team do what needs to be done with regard to initial protocols and have told my team to do the same. Now, in response to the letter, the executive director of the bidenharris transition wrote todays decision is a needed step begin tackling the challenges facing our nation, including getting the pandemic under control and our economy back on track. This final decision is a definitive administrative action to formally begin the transition process with federal agencies. Now, in her letter, murphy said she made her decision now because of developments involving legal disputes and certification of Election Results
Reporter the president has suggested that maybe this news had been held back until after the election. Again, no evidence of that. The president elect, the biden transition team, is actually meeting with some of the drug makers this week to talk about these vaccines but what theyre not doing is meeting with the trump team, the government officials, to talk about distributing the vaccine. Developing it is one thing but getting it out to you, your neighborhood, your familiar si, your Doctors Office a differently. That cooperation is not happening while the president continues to challenge the results and not direct his administration to work with the biden team. Joe biden not getting intelligence briefs as the situation gets worse, we now know more than 11 Million People have contracted the virus. We are in a dangerous period, the most dangerous since 1918. We need to be talking to them as quickly as possible. Its great to have a vaccine but vaccines dont save lives. Vaccinations save li
School holidays. If we look at the map, we talk about schools open or closed, we do know its a holiday because of lighter traffic. I have my eye on discovery bay. The rest of your commute looks fine. Maybe a factor for 680. Back to you, laura. Thank you very much, mike. 6 01. We begin with live pictures from arlington, virginia. This is Arlington National cemetery where President Trump and the first lady will visit in just a few hours to honor our Fallen Heroes on this veterans day. It is the president s first public appearance since the election. Joe biden will take part in veterans day events. Today in the bays tracie potts is with us live in washington. I know these events happen as the struggle between biden and the Trump Administration continues. Reporter it does, marcus and laura, and we are seeing where republicans are lining up in that power struggle. A few acknowledging and congratulating joe biden on his win. Some lining up with the president saying he has absolute right to c
For about 15 minutes now and we see the backup packing in on the toll plaza and the approach and the span itself. It is slowing because of the volume so they may slow the metering lights down a bit. We look at the map, the rest of the bay shows a smooth expected commute except for here northbound 680 coming through fremont. We have that construction crew clearing a little bit late so theyre slowing north in to sunol and the south bay incidents coming up. Back to you, laura. Thanks so much, mike. We begin with a transition of power in washington. Overnight attorney general bill barr making headlines after saying improper voting allegations should be examined. The Trump Administration not making it easy for team biden to get started. Today in the bays tracie potts is following the post election drama. I know the president firing the defense secretary with possibly more firings to come. Reporter exactly. Some people being moved around within the administration as well on Climate Change no