Facing opposition from both sides of the aisle, Larry Summers pulling out of the race for fed chairman. The onetime Clinton Administration secretary called the president to notify him. In a letter following the call, he wrote, i have reluctantly concluded that any possible confirmation for me would be acrimonious and would not serve the interest of the federal reserve, the administration or ultimately the interests of the nations john gog economic recovery. Janet yellen seen as a leading candidate, seen by the markets as less likely to scale back the Stimulus Program as aggressively as summers would have had he become fed chairman. Is this all about summers or Something Else . Summers is a patriot. He knew this was going to tear the country up. I know he wanted the jobs. It is kind of a big thing for him to do. He did not press it. I dont know why the president would pick yellen, because she is everything he doesnt seem to want. Total dark horse, probably doesnt get it. Stanley fisher,
Telling jokes, going off script with the crowd late night in philadelphia. We will show you more of that coming up. President obama kicking off two days at the united nations. Talks with russia are high on the agenda, we hear. A lot of people wondering if he can find some Common Ground are Vladimir Putin. It is sunday we are grateful for your company as always. Welcome. Im christi paul. Good morning. Im victor blackwell. The city of brotherly love definitely opening its arms to embrace him as he is returning the love that we have seen so far. Largest crowd yet expected today at the popes final mass. We want to show you some of live pictures here. This outdoor mass here and some are predicting 1. 5 Million People will attend. Obviously, still dark right now, but what youre seeing could be packed with people by 4 00 today. Certainly could. Last night proved to be more than a musical event as the pope took the stage. More on that in a moment. Here is what we can expect today with rosa flo
We start this hour with breaking news. For the first time france has engaged in air strikes against isis targets inside syria. That report according to reuters news agency. The statement also said we will strike each time our National Security is at stake. Until now, france has only taken part in strikes in iraq. Just friday, iraqs foreign minister said he wanted Coalition Forces to hit more isis targets. France has also been speaking out against the seer yn president. French foreign minister saying he has no future role in the country, despite the fact that western officials have said that about bashar al assad. Translator there has been a lot of comment on the role of assad and when he should or can be a stabilizing in syria. Hes the main person guilty of the kay as. Hes committed crimes against unity according to ban kimoon and continues to be the origin of the tragedy. If we are to consider and say to the syrians that the future of their country lies with mr. Bashar al assad, we wi
Headliner, i should say, a lot of people will be closely watching another prime time speaker, the senator from texas, ted cruz, lyin ted, i think donald trump called him. The onetime rival of donald trump has not yet thrown his support behind the gop nominee. Ted cruzs speech could give an indication whether the split Republican Party is trying to start united and reviewed senator cruzs speech in advantage, and you can bet theyre playing attention to milania trump thing. They now admit it was copied. Heres how the written explained in the statement, quoting here, she, melania, has always liked michelle obama. Over the phone, she read me some passages as examples. I wrote them down and included some of the phrasing that ultimately became the final speech. She goes on, this was my mistake and i feel terrible for the chaos that i have caused melania and the trumps, as well as to ms. Obama. She says she offered to resign from the campaign, but donald trump would not accept it. She says tru
Also helped to ease tensions with the north by promising to stop holding military exercises with the south also coming up on the program for a french presidency many were called announces in the over a rescue ship left of interest in the mediterranean the more than six hundred stranded migrants now heading to spain after it stepped up an offer to help accuses the Italian Government of breaking international rules. Iraq its great to have you along everyone they came they shook hands they made history and now the heart part begins donald trump and kim jong un wrapped up their unprecedented summit in singapore with a joint declaration pledging to denuclearize the Korean Peninsula but the document doesnt. Via timeline or deadline for pyongyang to get rid of its Nuclear Weapons north koreas human rights record also didnt feature in the final statement with the impact of the summit still to be determined both leaders seemed keen to put the past behind them. Its the moment many doubted would