waller. dr. waller: chairman crapo, ranking member brown, members of the committee, thank you for the opportunity to appear before you today. i am honored to have been nominated by the president for this prestigious position. and grateful to the committee for its consideration of my nomination. i would be humbled to be able to serve my country in this capacity. i'm also thankful for the support of my family members who are here with me today. my loving wife, lori, my three children, sara, maggie and sam, and my mother, anne, who has been my hero throughout my life. for the last 11 years, i have served as the director of research at the federal reserve bank of st. louis. during that time, i have attended over 60 federal open market committee meetings and i have served as the main policy advisor to my bank president. as a result of this experience, i fully understand and support the dual mandate of the federal reserve. i also understand and appreciate the federal reserve's role in pursuing policies

waller. dennis: chairman crapo, ranking member brown, members of the committee, thank you for the opportunity to appear before you today. i am honored to have been nominated by the president for this prestigious position. dr. waller: and grateful to the committee for its consideration of my nomination. i would be humbled to be able to serve my country in this capacity. i'm also thankful for the support of my family members who are here with me today. my loving wife, lori, my three children, sara, maggie and sam, and my mother, anne, who has been my hero throughout my life. for the last 11 years, i have served as the director of research at the federal reserve bank of st. louis. during that time, i have attended over 60 federal open market committee meetings and i have served as the main policy advisor to my bank president. as a result of this experience, i fully understand and support the dual mandate of the federal reserve. i also understand and appreciate the federal reserve's role in pursu

waller? and ranking member brown, members of the committee, thank you for the opportunity to today.before you i am honored to have been nominated by the president for prestigious position and grateful to the committee for its consideration of my nomination. humbled to be able to serve my country in this capacity. i'm also thankful for the my family members who are here with me today. three ng wife, lori, my children, sarah, maggie and sam, ann, who has been my hero throughout my life. for the last 11 years, i have as the director of research at the federal reserve bank of st. louis. time, i have attended over 60 federal open market committee meetings and served as the main policy adviser to my bank president. this experience, support nderstand and the dual-mandate of the federal reserve. i appreciate the federal pursuing role in ensure a safe and stable financial system. if confirmed i'll continue to policies that achieve our dual-mandate and maintain financial stability. my background and ex

waller, given ms. shelton's answers on monetary policy and her 30 years of writing on the gold standard would you recommend [inaudible] with the fed? >> senator, that is your decision not mine. >> i figured that would be your answer but let me ask in a different way. here in st. louis. >> correct. >> if you are interviewing for your research to permit when you hire her? >> i have a very different researched apartment in terms of the type of academic research we do. judy has been much more in the public light in terms of her research. my department is all publishing for academic journals. >> someone brought her body of work in writing to you would you hire her or him. >> like i said her outlets are compared to what we expect our staff are two different elements for your research. >> mr. chairman, last statement put the take away is we don't know who we are nominating to the federal reserve. ms. shelton had disavowed for years of her writing as so many have shown to say what she needs to say to be confir

researchis waller, the director of the st. louis fed, and judy shelton, both trump nominees come all of the questioning focusing on judy shelton and a lot of her controversial views. chris waller sailed through and did not have to field many questions. the interesting thing is we expected democrats to come out strongly against shelton in the questioning and they did that. three republicans also went after her a little bit on different issues. that creates a wild for her nomination because she only needs one republican in committee to go against her to hold her nomination. then if she does make it out of committee, only three republicans in the broader senate. david: judy shelton has been an outspoken commentator on fed policy, something of a gadfly. that may have attracted president trump. if she backing off of those positions now or is she doubling down? matt: she was definitely trying to have it both ways in today's hearing. one of the lines of questioning was about the gold standard and she was saying i do not advocate goin

allen waller. ellen jo earned a bachelor of special education from ohio university, a master of education in curriculum instruction in technology in education, and a doctor of education and curriculum instruction and technology in education with an emphasis on literary education from temple university. dr. waller has devoted her passion and her time to promoting women's education and empowerment. and she has especially -- she has especially devoted much of her time to combating human trafficking, both here in the united states and internationally. she's an active member of the philadelphia antihuman trafficking coalition and serves as cochair of the religion subcommittee. in 2011, dr. waller founded, she's my sister, an antihuman trafficking ministry. she's my sister works to ensure that the faith community is aware of the issue of human trafficking and also partners with the greater philadelphia salvation army on the issue of participating in street outreach, supporting and strengthening the drop-

amongst the legal exhibits provided to the high court was a copy of on could wallers lethal allies the 1st time any such group was accepted as a legal exhibit in the northern courts. in july 27th the court delivered a stunning victory for the families ordering the chief constable to come up within weeks this excepted will independent fully resourced report to fulfil it here tt's problems. humiliated the chief constable the pain despite objections from the bereaved families 11 of whom it passed away since the court case began. hargrove for the families today it honest was just being very distant. but the overarching report that would have pulled government together and made all the connections muslim being completed there. how important is very for us. important frustrating yesterday was disappointing you have your ups and downs illegally in the story but i know the however frustration and obsession it is really there are people all over northern ireland who have lost families who are getting out this morning wondering if this is going to be a good day and they finally get some justice.

you're getting close to 70 degrees and live more about 68 there waller creek 63 in berkeley. and as you make a way tohe delta 65 degrees in pittsburgh 59 in sandra fell in 61. in the bottle next few days are keeping us dry slight chance of showers on iday more sunshine over the weekend.thank you. lawrence state laakers unveiled a proposed w law today one that will affect how much menspend. >>on some everyday items compared to men. capitol reau reporter ashley zavala explains. t this one cost 2 and a half dolla. more. there is basis for other than that's the pink one from teddy bes to tennis shoes, californilawmakers are hoping to put an end to the pinktax on items marketed for women and girls 42% of the products out there are likely to cost more to women than they do and setor hannah beth jackson tuday unveiled s p 8.73 which wouldxpand a ate law that already rohibits gender price discrimination for services like dry eaning the new bill makes it illegal california for retailers to charge customers diffent prices on the basis of gender for similar pructs, thisis long past due

coastline yesterday there s lower 60's for some of the same spotbayside areas in he mid to low 70's waller our spots closest to record nd breaking into thupper 70's, i'm talking what it's looking like exactly where you're at into thafternoon and what to expect for the rest of the week all still to come. >>robin all right, thank yo john now it's time to take a peek at traffic u want to check in on your commute aroundthe bay area this morning here's 9 this is yo trip across the 70 oh bridge and 's already picking up so we have folks packinup rolling over to the peninsula. b so far no problems no crashes no stalls were looking at minutes and growing to make it from the nimitz off to highway one o one. we're ecking in on the richmond sandra fell there. it is west by beating at the toll plaza wide open delay free trouble free it's going to be easy 8 minutes to make it into the north bay. we're tang a peek a traffic acker we do not have any hot spots are major problems or even special traffic alert so far so that's always a great way to start off ur morning drive are checking t the e sure 80 wes

this edition of the kaiser reform with me max kaiser and stacy herbert like to thank our guest randy waller yes if you want to reach just twitter you just look at kaiser report and i'm at real max kaiser on twitter and so next time. we know in psychology that the more people are told that they can't or shouldn't do something whether it's sexual or otherwise the more it makes them want to do it so trying new things violating taboos are some of the most common and pervasive elements in our sexual fantasies. this is blue bus the one is the show you can't afford to miss and that was a number of people in washington coming up the fed chairman is testifying before congress about continued strength of the u.s. economy as well as concerns about the market effects of the coronavirus we're going to break it all down plus a federal judge has approved a merger between t. mobile and sprint what does it mean for the cell phone market in the united states and amazon is suing the department of defense and now they want to depose the president of the united states to prove the bidding process of a $10000000

this edition of the kaiser reform with me max kaiser and stacy herbert like to thank our guest randy waller yes if you want to reach just twitter you just look at kaiser report and i'm at real max kaiser on twitter it's a life time. in this community there are people who believe that it's ok to sell fractional food on my table it's really hard there are no jobs and you see that i've got kids that ask and as a parent. i can come up with lots of arguments there's a lot of conflict in the game between the 2 most of the conflict i would say. is made. close one only to. each other is good because the state of california makes 6000000000 dollars a year of prison complexes you get some point in your life where. you don't care anymore nobody cares about you so you don't care mind anything. it's seemed wrong. to me to get to shape out just because get educated and engage with equals betrayal. when so many find themselves worlds apart. just to look for common ground. what politicians do. put themselves on the line they get accepted or rejected. so when you want to be president or injury. or somehow w

this edition of the kaiser reform with me max kaiser and stacy herbert like to thank our guest randy waller yes if you want to reach just twitter you just look at kaiser report and i'm at real max kaiser on twitter it's a life time. in his community there are people who believe that it's ok to sell practically food on my table it's really hard there are no jobs and you see that i've got kids that ask and as a parent. i can come up with lots of arguments there's a lot of conflict within the game between the teams most of the conflict i would say over balls around money and most of them money has made. us want to know each other because he knows each other is good business the state of california alone makes 6000000000 dollars a year of prison complexes you get some point in your life where. you don't care anymore nobody cares about you so you don't care mind anything. so what we've got to do is identify the threats that we have it's crazy confrontation let it be an arms race. hearing dramatic developments only. exists i don't see how that strategy will be ready. to sit down and talk. it. was

this edition of the has a report with me max kaiser and stacy herbert like to thank our guest randy waller yes if you want to read just twitter you just look at kaiser report and i'm at real max kaiser on twitter. and so less time. as the election cycle rages on the media highlights or even invents what they deem to be important even radical what they don't tell you is how the political center is collapsing in today's campaign is what voters think about the status quo. there. are warning option pay should the palestinian president rails against the complex ministrations middle east peace plan during a traffic stop the u.n. security council. has offered to help a dramatic increase in extremis by the mahdi and president appealed ministration is holding talks with kenya it's a must need to in the hope and take. it comes off to france and to additional troops to west africa to shore up its full trade and to terror operation. on the philippines as it how many decades old military agreement with the west and midwest in relation.

this edition of the kaiser reform with me max kaiser and stacy herbert like to thank our guest randy waller yes if you want to reach just twitter you just look at kaiser report and i'm at real max kaiser on twitter it's a life time. in this community there are people who believe that it's ok to sell frac food on my table it's really hard there are no jobs and you see that i've got kids that ask and as a parent. i can come up with lots of arguments there's a lot of conflict in the game between the teams most of the conflicts i would say. and most of them money is made. close one on each of those he knows each other is good business the state of california makes $6000000000.00 a year of prison complexes you get some point in your life where. you don't care anymore nobody cares about you so you don't care mind anything. so what we've got to do is identify the threats that we have it's crazy to confront ation let it be an arms race off and spearing dramatic development only personally i'm going to resist i don't see how that strategy will be successful very critical time time to sit down and ta

the committee also heard from christopher waller, another nominee for the federal reserve. >> this hearing will come to order. this morning we will consider the nominations of the honorable judy shelton to be a member of the board

this edition of the kaiser reform with me max kaiser and stacy herbert like to thank our guest randy waller yes if you want to reach just twitter you just look at kaiser report and i'm at real max kaiser on twitter and so next time. join me every thursday on the alex salmond show and i'll be speaking to guests of the world of politics. i'm showbusiness i'll see you then. the palestinian president rails against the trumpet ministrations middle east peace plan they're going to dress up. as africa so whole region sees a dramatic increase in extremist bonnets the president reveals his administration is holding talks with senior is the misleading and hope of ending the bloodshed this comes off the front said it will be sending additional troops the west africa to shore up its faltering tyrell operation. in the philippines says it's $73.00 decades old a military group but it would be united states i mean the worst thing relations between the 2 countries.

the wind will be the biggest day sunday and rm waller on monday. >>> 6:40 is the time. extreme weather is hitting much of the country right now. as a tree came crashing down. look at that onto a busy freeway. >> also self-driving vehicles are hitting the road. we'll tell you about a bay area company that will soon be delivering pizza and groceries. >> and now let's check in with gasia mikaelian. who is also wearing red right now. >> i took your lead, pam, because as we know women take care of everyone else before taking care of ourselves. let's do it. >>> i'm going to join you guys in the studio within minutes. prada is working to make diversity a top priority. why the commitment to inclusive tea comes after backlash. . >> then coming up at 8:00 ambercrombi and fitch is known for having one type of model. puts people who've never professionally modeled in front of the camera. who will be served face. we'll be right back. growing up in la, bad air forced us indoors. and now we have to deal with this. climate change is an emergency. that's why i wrote the nation's stop ou

at the moment, it doesn't look like this process is working out very well for them, other than chris waller, who was also a part of yesterday's hearing. he's obviously a fed insider. he didn't have to field many questions because they were so focused on judy shelton. vonnie: we should mention that judy shelton has some opinions on the gold standard, but also about fed mandates, so a very controversial pick. our thanks to bloomberg's matt boesner. we will speak to cleveland fed president loretta messner in an extrusive interview at 12:30 new york time, 5:30 london. this is bloomberg. ♪ ♪ guy: from london, i'm guy johnson. vonnie: from new york, i'm vonnie quinn. this is "bloomberg markets." president trump's recent budget proposal includes a $150 million line item to create a you are a near miss irv stockpile -- create a uranium reserve stockpile. here is more is bloomberg intelligence's etf analyst. reporter: this is something they have been talking about for quite some time. uranium and nuclear power is critical to the u.s. the problem is that the u.s. generates less than 10% of the ur

barry goldwater, michael dukakis, waller mondale, lost by landslides with less bad policies not as bad policies as what this crowd is delivering. as the trump machine roars into the iowa for the field. the state of the union tomorrow. the president is expected to project optimism of the collar boom. what president is planning for state of the union and what the democrats are planning, think boycottses and protest. first time they will come face-to-face with nancy pelosi. u.s. markets bouncing back big today but china markets are plunging. worst day in five years. they reopened after the lunar new year. what is going on? coronavirus it is gathering momentum worldwide. it is a pandemic. the debate is this. it is a wordwide pandemic, a worldwide backlash happening against china. democrats on the impeachment, could it cost them the house? how the democrats blew it. unforced errors. the 2020 senator blaming for ruining impeachment. here it comes, the senate republicans launching a new sweeping counterattack after this wednesday's vote expected to acquit the president. thanks for joining us.

>>bart putting this effort forward kron 4 sarah stinson live in waller creek to explain how they expect this to help make things a little bit safer. sarah. >>yeah, you're going to start to see these 10 a new ambassadors walking around trains and stations across the bay area and they will basically serve as the eyes and ears of the police department and hopefully easing concerns of those bart passengers who expressed concerns of safety and security now take a look at your screen you can see what they look like whatever uniforms, they'll wear while a patrolling different stations and trains the new team has completed very specific training you can see these that have uniforms they will be wearing different from their inspectors in community service officers, the investors will be equipped with radios to report safety biohazard since security concerns these 10 people have also trained to respond to customers questions complaints and even request for service they will observe what's going on around stations and call upon an officer one forsman is needed the board voted back on january 9th t

change comes after we've seen this ramp in young people rning to vaping proper sara stinson live in waller creek with more what's happening beginning today, sarah. >>starting today at shops like the one i'm standing in front of these pods ofpeople t into their is cigarettes that are flavored including flavors like fruitiness cherry even cinnamon toast crunch a desserts you name it thee flavored pods will now be banned across the country. and those that will not be ban are the menthol and tobacco flavored pods but pants i talked to in walnut creek say this is a relief to hear they're hong this is a mping off point and in the the new ban goes into effect today, president trump announced this avor ban bac in september. t goal is to stop youth vaping as health officials say it has reached epidemic vels in 2019 abo 28% ofhigh school students admitted to vaping but officials with the american lungassociation in campaign for tobaco-free kids are saying this ban esn't go far engh the ban does not include open take stem and flavored e-quids not in pods so the are these big little tubes and you can

>>just trying to help out where they can offer sara stinson live in waller creek to explain more about what this program entails good morning, sarah. >>good morning. this pilot program will include 10 new ambassadors their job is to be the eyes and ears of police they won't be officers themselves but they will definitely be out there making sure help is on the way if need be take a look at the you're screaming at a picture of the uniforms and what these investors will look like out on the trains and at the stations that this new team has been completed very specific training over the last couple weeks in the pilot program is to address customers concerns over safety and security on and this they will as you can see be wearing different uniforms and fair inspectors and community service officers and the investors will be equipped with radios to report to any safety problems biohazard and security concerns these 10 people have also trained to respond to customers questions complaints requests for service anything somebody might need while riding bart now they will observe what's going on

oakland on the other side of things at 50 degrees right now so more mild for the city in the east bay waller in london, even coastal areas are sitting some of our coolest this morning now later on today as i mentioned you'll see some clouds out there at times but also plenty of sunshine between those clouds daytime highs back to the 60's familiar territory for us talking rain for southern california but will there be any for the bay area stay tuned for that james all right, thank you very much john at 5.31. let's get to our big story this morning. the coronavirus and its impacts here in the bay area we have 5 more people now possibly infected which brings the total to 12 their evacuees from they came from the at princess a cruise ship that's off the japan. >>so they were at travis air force base kron 4 sarah stinson is live there in fairfield now with the latest on these patients, sarah. >>yeah before we get to the cruise ship patience, let's first start with some information i just learned from the travis air force base spokesperson. he told me that 3 buses will be leaving their force base

kate mckinnon, i mean, we have phoebe waller-bridge who has been so incredible this entire awards season and really doing that strong power suit look in a very new way. >> of the power suit inspired looks that you have seen on the recent red carpets, which ones are your favorite? >> oh, you know, that i have to give to awkwafina. i really say this is, number one, her year, just doing phenomenal with her movie and won a lot of awards, the globes and everything but has been rocking that tuxedo and the suit in a way that is very much her own. i think for many years, so for now she's having her comeuppance and i have to say thumbs up to her. >> everyone loves awkwafina. also noticed a lot of white dresses have been popping up at the awards shows. >> yeah, you know what, white, people have tended to avoid in the past because it tends to be bridal or just doesn't feel quite as formal and glamorous but we've seen so much w450i9. shoutout to billy porter, of course, lizzo, dua lipa, reese witherspoon but i have to say my absolute favorite, of course, is reese's co-star on "the morning show," jen

christopher waller should sail through. he's a longtime fed insider. the view thatlop the u.s. is stuck in a regime of low growth, low inflation, and low interest rates. controversial at the time, but since vindicated. matter.lton, another she was a campaign advisor to donald trump, raising questions about fed independence. she's also raised questions about whether the fed should set interest rates and be in charge of the value of the currency, and questions about whether the fed dual mandate of maximum employment and stable prices is even relevant, and she is arguing that the u.s. is going -- that the u.s. should be going back to the gold standard. it would only take one republican in opposition and she would not make it through the committee. we will see how she does. speaking of stable prices, jay powell was talking about that is out thispi morning, the consumer price index in the united states. expected to have risen 2.4% over the past year. rateourt rate -- the core is the direction the fed wants it to go, and they are likely to take no action. they will just watch and be

christopher waller, another board, also the testified before the senate banking committee.

capitol hill as well as the federal reserve board nominees, including judy shelton and christopher waller will testify before senate banking. we will monitor that hearing and bring you up to speed in realtime we'll get to amat and cisco, this upgrade at goldman when we come back. don't go anywhere. but in my mind i'm still 25. that's why i take osteo bi-flex, to keep me moving the way i was made to. it nourishes and strengthens my joints for the long term. osteo bi-flex - now in triple strength plus magnesium. when it comes to your business internet, which is more important? ♪ ♪ okay, i wish i didn't have to choose. like the more i think about it, the more i want to jump to each room. what if i said you can have it all? ♪ ♪ comcast business gives you connectivity that goes beyond. that's what we want! that's speed, reliability, and security, all from one provider. touchdown! get started with internet and voice for an amazing price. call today. comcast business. beyond fast. >>> pepsi with higher sales in the fourth quarter beating analysts' expectations as its name sake beverages

bar barry gonzales, and mark waller. [inaudible] >> -- according to family, he was the first family to marry ohlone indians. we have to think of the rivers of what they once were in california. right now, we have this proposal that the state water resource control board worked on for years. they voted on it. all the water districts knew that they were working on flow controls. and then, for them to come out and say we don't know how to do it after it was voted on, i can't quite believe it. if i was a contractor, and i knew a new fire protector was coming out, and then, i started building houses, and i used my old one, then, when the new one came out that would work much bett better, i sued them, i don't think i would get very far. so san francisco should have been better prepared for these flow increases at least a year ago. to say we're still working on it i don't think is excusable. thank you. >> thank you. barry nelson. i'd like to make four points about voluntary agreements. the p.u.c. has made clear your interest in

bar barry gonzales, and mark waller. [inaudible] >> -- according to family, he was the first family to marry ohlone indians. we have to think of the rivers of what they once were in california. right now, we have this proposal that the state water resource control board worked on for years. they voted on it. all the water districts knew that they were working on flow controls. and then, for them to come out and say we don't know how to do it after it was voted on, i can't quite believe it. if i was a contractor, and i knew a new fire protector was coming out, and then, i started building houses, and i used my old one, then, when the new one came out that would work much bett better, i sued them, i don't think i would get very far. so san francisco should have been better prepared for these flow increases at least a year ago. to say we're still working on it i don't think is excusable. thank you. >> thank you. barry nelson. i'd like to make four points about voluntary agreements. the p.u.c. has made clear your interest in

the committee also heard from christopher waller, another