Will see the 2020 democratic ticket on stage, together for the very first time. What well do then is take you live to wilmington delaware where former Vice President joe biden will kickoff his campaign with his new president ial runningmate, as Vice President , california senator Kamala Harris each step of the way, what were going to do for you in this final hour is watch the markets, sectors, stocks, commodities for tick by tick reaction. Check it here markets in rally mode for the most instant reaction right now while its tempting to focus on the really huge jump for the nasdac look at this were up 235. Folks the index to watch is the s p. It is now within lets call it just under two points from its first record close since february, the number to watch, 3,386 were at 3,384 and change right now. All right, for months wall street has been gaming just who joe biden might pick as a runningmate and kind of fretting over you who the markets would react. Lets get to one of the top voices o
People. We will also be listening to closely to what the president might say about the american economy. It all comes off fed chair Janet Yellens testimony earlier today where she continues to prepare investors for a likely Interest Rate increase this year. If we get that it would be the first Interest Rate hike in america in nine years. Lets go down straight to eamon javers back at the white house where we are awaiting the president. Reporter thats right. The president s going to take some questions here from reporters. We can expect that whats on his mind is that deal with the iranian signed earlier this week. We can expect hearings beginning on capitol hill as early as next week. This is going to be a sales pitch series of comments here from the president. But as you point out, we dont necessarily know what all the questions from the reporters will be. He possibly will get some questions on the u. S. Economy, how it is faring also the global situation. When it comes to iran though e
Segregated away from the banks own resources . For the benefit of my colleagues, i suspect on any given day were talking a couple hundred 200 million oh, big numbers here. 200 billion in resources on any given day. Cue enlighten us a little on that, chair, please . Well, the leverage yashratio was meant to be a nonriskbased measure that are carried on a banks Balance Sheet and that includes derivative transactions. Its not clear for many kpdz the leverage ratio is whats minding riskbased capital standards in many cases, but this is something were having a look at. I recognize its a concern. Its something the Basel Committee is discussing and trying to gather Additional Information on what impact its having. And it is something that is very useful to put on the agenda that we will have a close look at. Thats all i can ask, chair, that you work with our friends at cftc and foreign regular later friends to come up with an approach. 200 billion that cant be touched by the banks but yet you
2027488002. You can send an email at cspan. Org. Front page of the wall street times and New York Times obama begins a 60 day campaign to win over skeptics at home and abroad. And Washington Post, obama says nuclear deal scathes off war. President there are two alternatives. Either the issue of Nuclear Weapons are resolved diplomatically through negotiations or its resolved through force through war. Those are the options. Now, youll hear some critics say, we could have negotiated a better deal. What does that mean . I think the suggestion among a lot of the critics that a better deal and acceptable deal would be one in which iran has no Nuclear Capacity peaceful or otherwise. The problem with that position is that there is nobody who thinks that iran would or could ever accept that and the International Community does not take the view that iran cant have a Peaceful Nuclear program. They agree with us that iran cannot have a Nuclear Weapon. Host the New York Times says the president u
22yearold salman abedi. Two minutes ago breaking news here from nbc news. Government sources familiar with the investigation say the suspected bomber who was of libyan descent was known to british authorities. Both police and intelligence service. As for bomb that was detonated nbc news sources reporting that the bomb produced very little smoke when it exploded suggesting that the main charge was a homemade explosive rather than black powder. Lab tests now are going to be able to tell what exactly that mixture was. In the meantime, we learned this morning that isis has officially claimed responsibility for this attack. Nbc newss Richard Engel is in manchester to show us where the investigation is now turning. Oh, my god. Panic in the arena moments after a bomb exploded right outside. The horrifying sound of fans, nearly all of them young girls, screaming in terror. The concert was clearing out when the bomb went off. It targeted people as they were leaving to meet their rides home. In