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Transcripts For FBC Kennedy 20240711

Scapegoated as part of what the president famously called a witch hunt. And now, o man are the president s critics. Among them House Speaker Judiciary Committee chair jerry nadler who had many of the russian hearings. And he said quote this pardon is undeserved, unprincipled and one more stain on President Trumps a rabidly deleting presidency. Subject is abusing his power . Lets get into our prethanksgiving party panel weve got former cia officer, mike baker is here pretty what about diligence . You can say that. Weve also got reason magazine reason. Com editorinchief and former House Press Secretary the one and only Rochelle Ritchie hello everyone. Kennedy lets discuss, mike baker this is clearly an abuse of power. The president has gone mad and has a waning days in the white house. Tell me what happened . The republic is ending this is yet another example. This is a nobrainers far as i am concerned. If you are going to use the president ial pardon power. As offered to the president b

Transcripts For CNBC Squawk Alley 20240712

Extension of credit from private lenders. They are designed to support the functions of private markets, not to replace them. These are lending, not spending powers for others, alone that can be difficult to repay might not be the answer in these cases direct fiscal support may be needed. Our economy will recover fully from this difficult period we remain committed to using our full range of tools to support the economy for as long as needed thank you. Thank you very much chair powell i now recognize myself for five minutes for questions. I am very appreciative of the explanations that youre giving, but all of the questions that we have about main street and other facilities each of them can keep the facility as an option in the futu future, and the guam governor urged it be made available to the territories. The Congressional Budget Office director and staff economist for president george h. W. Bushs n council of advisors said the mist try to me is the treasury using half a trillion d

Transcripts For BLOOMBERG Bloomberg Markets European Close 20240712

We saw a push higher in the session when the governor of the bank of england toned down the speeches we have seen as of late when it comes to negative rates. We will see whether ultimately he has to deliver on negative rates. Apparently the mood music has improved on that for today. Politics when it comes to the btp markets, today we have seen a significant pushback for the Prime Minister against mr. Salvini in local elections. The market has taken that positively. Alix just to pipit off what i said earlier. The eu Leaders Summit is postponed as the eu councile president was quarantined. You had a Security Guard test positive. That Leaders Summit will be postponed. Movement in the market, the dollar jumping higher. Charlie evans says the fed could raise rates before inflation gets to its 2 target. Interesting to see we get that reaction before we get fed chair powell. You are all seeing Maxine Waters speak right there. Lets break down what to expect. Emily wilkins joins us now. Will th

Transcripts For CSPAN3 Treasury Secretary Mnuchin Federal Reserve Chair Powell Testify On 20240712

First, i would ask all members on the webex platform to keep themselves muted when theyre not being recognized. This will minimize disturbances while members are asking questions of our witnesses. Members on the webex platform are responsible for muting and unmuting themselves. The staff have been instructed not to mute members except where a member is not being recognized and there is inadvertent background noise. Members on the platform are reminded they may only attend one remote hearing at a time. So if you are participating today please remain with us during the hearing. Members should try to avoid coming in and out of the meeting particularly during the question period. If during the hearing members wish to be recognized the chair recommends that members identify themselves by name so as to facilitate the chairs recognition. I would also ask that members be patient as the chair proceeds given the nature of the Online Platform the committee is using. In addition the chair informs

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

I look at gold as the gold capital of the world. Still in we are lockdown pays, although the economy is gradually reopening. I dont think we are effervescent at the moment about anything. But certainly, it did move the markets quite a lot when you saw it above that line. We had a good conversation with jay hambro about that. I know we will look at metals a little more in depth later on. Tom going to be interesting, to say the least. Serious dues on the pandemic worldwide. I emphasized this is not just about america and united kingdom, but real worldwide pandemic. That news here and there some of optimism but it is a challenging story. Diseasesectious Anthony Fauci once the u. S. Is going in the wrong direction. He told the Senate Committee the country could see 100,000 new coronavirus cases a day, from the current level of about 40,000. Several dozen in western states are seeing increases in infections. That is prompting some to put reopening plans on hold. A new poll shows joe biden w

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