Fed Is News Today

the white house claim on the only people that are harmed in transgender athletes are the people that question it. well show you more. first, president biden laughing off claims that audio tapes might exist of a discussion he had with a foreign national bribing him potentially when he was vice president. >> are there tapes that you accepted bribes, president biden? is that true? >> so republican senators not finding it as funny as the president did. >> do you have those 17 recordings? >...

China and trade. hes determined and trying to correct something that got on for the last 20 years that we have an unfair trading relationship thats been a tremendous disadvantage to u.s. companies and u.s. workers. >> some of it is literally. sometimes it is literally. here is another one that takes all that back. >> chairman xi is not the enemy of the country but he didnt say the same of fed chairman powell. >> i want to comment on president xi on powell, i dont think it was a literal comment t...

For the economy. makes no sense. >> neil: wasnt those remarks that lending is still skewed to the right? >> its disproportionately skewed to people with better credit ratings. if they happen to be white, thats the way it goes. >> neil: thats not going to fly with her. >> with her. but she has -- unless the democrats control the white house, which is where some of these standards and the fed, which will enforce these things on the banks, the fed is -- >> neil: theyre both keen on rolling back the...

With a trillion-dollar deficit. thats not sustainable. thats why you need the fed. stephen knows this. hes been arguing this for 20 years. and somethings happened in the last couple of years thats changed him. >> joe, why is it -- why is it under obama we have deficits twice as large as trump has? >> i will say -- i will say there is no more budget hawks, deficit hawks left in washington. go hahead, april. final word. >> okay. really fast in 20 2013 when the was a government shutdown, gdp was af...

An enemy to the people and to our republic. what do you say about his all-out assault this a press conference, in a tweet and at a rally about the press? >> i think hes exactly right about this because what youre seeing from the media ismethingy beyond their actual job which is very important for a democracy, which is to hold those in power to account. theyre going way beyond that. theyre actively trying to undermine the elected president. you see it now in the way that the media are openly spec...

>> from my perspective, the fed is in a bit of a box given the fact that global coordination in terms of monetary policy has to today at least, at least to the last week or so, it has worked. now the fed is -- does not have that option of lowering rates or reintroducing a stimulus package. what the fed can do is speak to policy, terminology is going to matter a great, great deal. the fact of the matter is, were getting gdp on thursday. its probably going to be stronger than expected. the fed is ...

Judges to come to creative solutions within that framework so the families are not ripped apart more than they already are. >> we dont let the inmates run the asylum. they were told what to do. >> the judge said it is direct contempt and i am finding you guilty. we want to move on to philadelphia not far from where fed is -- >> where i grew up. >> prosecutors are looking into action of a city council man chased and shot and killed a bank robber were justified. tell us what happened. the local co...

We seem to be catching a cold now when they are sneezing too. >> sam stein? >> john, im wondering to what extent domestic politics has played a role in this. the fed tape ring, sort of a weak jobs report from the last month. a little bit of not contraction but we have seen unemployment insurance expire. are investors looking at that and wondering if we have our own house in order? >> investors are certainly obsessing about the fed. they have been for a few years now. i kind of doubt that is a bi...

Explosives. >> why? >> when a central bank monetizing a huge portion of its government debt, this is generally a recipe for disaster. right now, we have $1.5 trillion of excess reserves from the banks sitting on deposit with the federal reserve. that starts working its way through the system and the natural multiplier effect of a fractional reserve banking system, theres a huge risk of inflation. finally, the fed is a huge enabler here. maintaining artificially low interest rates disguises the t...

Out sands, salt, chemicals. trying to keep things fine. right now things are passable. im going to step out here for a bit. again, not a lot of of ice here, a little slush here and there. but as the evening wears on and the wind tick pibz up, well see more snowfall. possibly up to a foot of snow on its way. with all of that combined, travel troubles will be horrendo horrendous. the situations at the airports, awfulment youve heard the number of flights canceled for today and tomorrow, thous of f...