tv This Week With George Stephanopoulos ABC December 5, 2022 12:00am-1:00am PST
forward. >> this morning the newly elected democratic leader hakeem jeffries, and the gop response from the chair of the republican governors group congressman david joyce. crypto catastrophe. lessons of the ftx collapse. more of my exclusive interview with sam bankman-fried. plus, the legal and economic fallout. and final stretch. >> i've got one question for you, are you ready to win this election? >> we got to do is we got to get out and vote. >> georgia breaks turnout. a seismic shift in the primary calendar in 2024. donna brazile takes part in those discussions. he joins the roundtable. from abc news, it's "this week," here, now, george stephanopoulos. good morning and welcome to
"this week." one month after the midterms the new congress is coming into focus. georgia senate a runoff between raphael warnock and herschel walker will determine if the democrats have 50 or 51 votes. the big question now for the gop will kevin mccarthy have enough votes for speaker? the democrats made history with their choice this week. voting to make hakeem jeffries their leader. he joins us now. good morning, congressman. congratulations to you. what's your mission in the new congress. >> our mission is to find ways to work with republicans whenever possible to get things done for the american people work on issues related to the economy, inflation, lowering costs and safer communities and i hope that republicans will look for common ground with us,
but we'll also oppose them when we must particularly as it relates to any effort to go down this rabbit hole of unacceptable investigations of the administration. first, lay out specifically where there can be some bipartisan compromise. >> from my view, the american middle class have been under assault for decades. a series of forces conspiring against them whether it's the globalization of the economy, outsourcing of good paying american jobs, upholding deals made it difficult for folks to pursue the american dream, that's not a democratic problem or an american -- >> what's the solution? >> i think i the solution relates to several things, one we can build upon the work that has occurred already, the inflation reduction act, making sure we bring domestic manufacturing jobs, other jobs back home to the united states
of america implement the historic legislation that has already been put in place and to find common ground to look for other ways to build upon that great work. >> any conversations with republican about that in. >> not yet. we are in process of organize niegszs as democrats and they're organizing as republicans. i. >> do you expect that kevin mccarthy will be speaker. >> that's the question at the end of the day that republicans are going to work out. a difficult time at this moment to get to 2■18. >> it may involve democrats as well, some republicans have suggested that perhaps putting forward a moderate chanllenger. any chance democrats will cooperate with that. >> we have to organize on our side and be prepared to hit the ground running and we'll see what happens. >> so it's a possibility?
>> i wouldn't say it's possibility right now democrats are preparing to get ourselves ready as we transition temporarily from the majority into the minority, continuing to work with the biden administration with democrats in the senate. led by nancy pelosi and steny hoyer over the last few congresses when we've been in majority. >> that's only part of it. you talk about your main mission is finding a way to have bipartisan compromise if somehow democrats and republicans can come together to elect a republican speaker willing to compromise, wouldn't that advance your mission. >> what are the republicans going to do? from our standpoint we know what our mission is, fight for lower costs, fight for better paying jobs, fight for safer communities, put the public
interest first and ensure economic opportunity in every single corner of america, the question on the other side of the aisle, what will republicans do? double and triple down on the extremism we've seen from people like marjorie taylor greene that would be unfortunate. if that's -- >> we reduced the act to repair the federal government to move toward the legalization of cannabis which state after state, blue states and red states and purple states all across america are doing. there's an opportunity for common ground. i've worked with the trump administration with criminal justice reform. we've worked on trade agreements and in fact as you know at least in the senate gun safety legislation that we passed for the first time in 30 years that was bipartisan, the infrastructure investment and jobs act bipartisan the chips
and science act working to bring domestic manufacturing jobs back home to the united states of america that was bipartisan as well. these are foundational things. >> you got a pretty stingy welcome from mitch mcconnell on thursday. took to the senate floor and said this. >> the newly elected incoming leader of the house democrats is a past election denier, who basically said that the 2016 election was, quote, illegitimate. and suggested that we had a, quote, fake president. >> suggesting the equivalence of donald trump. what's your response. >> it's unfortunate that republicans have chosen to focus on me, house democrats are going to focus on solving problems for the american people. >> you did say that history will never accept donald trump as legitimate president and the republicans are making quite a big issue out of that >> here's the republican
playbook, facts don't matter, in many cases they believe shamelessness is a superpower. my view of the situation has been pretty clear, i supported the certification of donald trump's election, i attended his inauguration even though there were many constituents and others across the country pushing me and others to do otherwise and found ways to work with the trumptrump administrat. that track record speaks for itself. at the same time, i will never hesitate in criticizing the former president. i think i'm in good company there throughout the world. >> we saw yesterday donald trump tripling down on his election denial even suggesting, he said that a massive fraud of this type allows for the termination of all rules, regulations even those found in the constitution.
what did you make of that? >> i thought it was a strange statement. the republicans are going to have to work out their issues with the former president and decide whether they're going to break from him and return to some semblance of reasonableness or continue to lean into the extremism, not just of trump but of trumpism. >> suspending the constitution. >> suspending the constitution is an extraordinary steps. we're used to extraordinary statements being made. >> how about this president biden and the dnc to rejigger the primary calendar, south carolina made joe biden president back in 2020. do you expect him to run? >> i expect him to run. his track record of success, the american rescue plan, save the economy, shots in arms, money in pockets, putting kids back in
school creating millions of good paying jobs, fixing our infrastructure. gun safety legislation for the first time in 30 years it will save lives we've got to do more but it was an incredible step. the chips and science act. the historic inflation reduction act. strengthening the affordable care act. and drive down the high price of life-saving drugs for americans. that's an extraordinary record. and ketanji brown jackson is seated on the united states supreme court, that's compelling track record of success, i know he'll have a vision for the future, i look forward to strongly supporting president biden's re-election. >> both democratic leaders in congress now from brooklyn, what does that mean for your hometown?
>> it's been an honor to work with chuck schumer ever since my days in the new york state assembly, and certainly we'll make sure that the issues of importance to america are going to be dealt with in a way that lifts everyone up but there's a lot of pride back at home on the streets of brooklyn and i certainly understand that. >> congressman jeffries thanks for joining us today. >> thank you, george we're joined by the chair of the republican governors group, congressman joyce. so the republican governors, moderates, you describe your group, quote, as the dealmakers. how much leverage do you have? >> well, our group is focused on making government work, we know what the problems are at home. we've heard about them. we're not talking about issues that people aren't feeling at
home. lowering the price of gas, groceries, fixing the problems with our educational system. perhaps we'll be respected and given the majority back. >> where are the specific pieces of legislation you can work on together. >> first off we have to set a budget, every family lives by a budget, in the cost of inflation has been blowing up those budgets. then we have to do the appropriations process, the 12 bills that actually spend that money and they're going to be lowered than what happens. that's going to take 218 votes. you talk about different things but at the end of the day we'll do our job and put 12 appropriations bill out there. >> are there 218 for example for
a program floated by many republicans to not extend the debt limit unless there are major cuts in programs, perhaps medicare and social security. >> obviously the debt limit is an issue, times that i hope we don't get in a position with that failed experiment of october 2013 where we shut down the government for a long period of time because that didn't end well. >> but that's what republicans are threatening. >> i think republicans are threatening that i think there's enough of us and enough democrats that want to watch this world watch, watch this government work and make sure the government stays open. focus on the things that we can agree on and when you focus on those things, keep the government open, and if you look at what we've done over a
ten-year span with discretionary spending we kept it down. >> would it make sense to clear the decks of that by extending the debt limit permanently in this lame-duck session? >> with the democratic majority not being completely there, certainly controlling the presidency and senate, at least equal in the senate, that it would make sense for them to do those type of things, to create an omnibus right now. politically that would make perfect sense for them. would you vote for that. >> i'd have to see. i don't deal in hypotheticals. as a former prosecutor consider myself a fact-based problem solver. >> the numbers for kevin mccarthy right now it looks like he doesn't have the 218 votes he has for speaker.
222 republicans in the house right now, at least five said they're not going to vote for him, does he have the votes? >> he can't beat somebody with nobody. right now, we're not going to vote for kevin then who then? kevin deference the opportunity. he's done the hard work. he laid out an outline can in which we can represent our constituents in this country moving forward and we were given this opportunity to do that and he deserves the chance to lead us. and he deserves the chance to lead for two years. we're elected for two years. >> one of the demands of your conservative counterparts in the house republican. >> i think it's stupid. we were given the opportunity to lead for two years. at the end of the two years vote him out. i saw what happened to john bayner it wasn't fair.
>> how did kevin mccarthy manage a conference has dave joyce and on the other hand marjorie taylor greene and lauren boebert? >> remember, kevin started as a minority leader in california. one thing that kevin does very well he makes, lays out his visions to folks and allows everyone to speak and have that opportunity and what these people got to get used if a majority of our conference agree to something then that's how you move the ball forward. >> if they stay hard nosed and kevin mccarthy can't get the 218 votes he gets for speaker would you behind this effort, put forward a moderate republican that attracts democrats votes. >> he said that they want exact
some things out of it. give up opportunities that come with being in majority. a perfect resolution to find somebody that everyone can agree on so we can start moving forward but i don't see it happening without the democrats are going to vote for democrats. republicans will vote for republicans. at the end of the day kevin will be the next speaker of house. >> a question about donald trump's statement yesterday talking about suspending the constitution, your reaction? >> well, you know, when president trump was in office i didn't make a habit of speaking out of his tweet du jour, you know people are not interested in looking backwards, people who gave us the majority, again we barically won it, let's be straight where we're at, they gave us an opportunity and we need to care about the issues they care about, how do they
lower the cost at the pump? the price of everything i buy, eggs, bacon, toast, it all goes up. again, people have to live within a budget. what are we doing to make sure their lives are better? and continue to make sure they have the jobs and the economy is stable and they have the jobs to live and take care of your family. >> donald trump was the nominee in 2016 and 2020. now he's talking about suspending the constitution. can you support a candidate in 2024 to suspend the constitution? >> i think at the end of the day whoever the republican pick i'll fall in behind. >> even if it's donald trump. suspending for the constitution. >> again, i think it's going to be a big field. >> if he's nominee will you support him? >> ill will support whoever the republican nominee is.
i don't think he'll be able to get there because there are a lot of other good quality candidate and you support a candidate who's come out for suspending the cobbs constitution. >> you know, he says a lot of things, you have to take him in context and right now, i have to worry about making sure it's a republican governance group that we make things work for the american people and i can't be really chasing every crazy statements. >> but that's an extraordinary statement. you can't come out against someone for suspending the constitution. >> first off, he has no ability to suspend the constitution, secondly -- >> he says he's for it. >> he says a lot of things, but it doesn't matter it's ever going to happen. fact from fantasy. we're moving forward and we're going to move forward as a republican majority and republican conference. >> i don't see how you can move
forward if your candidate is for suspending the constitution. coming up, more from sam bankman-fried. rebecca jarvis and dan abrams will analyze the fallout. we're back in 60 seconds. nselor. [lea] i'm a retired art teacher. [steve] we met online about 10 years ago. as i got older, my hearing was not so good so i got hearing aids. my vision was not as good as it used to be, got a change in prescription. but the this missing was my memory. i saw a prevagen commercial and i thought, "that makes sense." i just didn't have to work so hard to remember things. prevagen. healthier brain. better life. with carmax you get pre-qualified in no time at all. so you can see your personalized monthly payment for any of our cars. with no impact on your credit score. that's car buying reimagined. carmax. bye, bye cough.
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lavishly on celebrity endorsements, but cost investors billions. i sat down with sam bankman-fried in the bahamas this week for his first broadcast interview this week. it's on you, also a potential crime? >> the way i see it, like, look, i screwed up, like i was ceo i had a responsibility here and a responsibility to be on top of what was going on the exchange. i wish i had done much better than that. from my understanding there were documents drafted up that, you know, that were covering what was happening and you know, frankly i was -- there's a lot of other things going on and i have sort of a tendency to be involved in many things, to be, you know, spread thin sometimes. >> isn't this the heart of the problem right there?
>> yes. >> this is the reddest of red lines you don't use money from depositors to give to a sister company. that's true, isn't it? >> i mean, there were explicit mechanisms by which there was allowed borrowing and lending on the platform, but i completely agree that it's in general like a huge warning flag and i thought that we had, you know, processes in place that were managing it, i didn't do much due diligence on that as i should have and i really underestimated the risk of what correlated market crash would look like here which is also something i should have gotten right. >> let's get more on the legal and economic fallout with rebecca jarvis and dan abrams. dan, i went around and around
with sam onim ging ftx depositors over to alameda research. he landed on i didn't do anything improper. >> look, there's no question that it's improper the question is whether it crosses the legal line. and when you're talking about the possibilities of, you know, numerous federal crimes here from wire fraud, securities fraud, et cetera, now his defense seems to by didn't know what was happening at my own company. ceo s. indicted the defense ends up being i know it's hard to believe -- >> but they have a fiduciary responsibility. >> of course they do. his basic defense it sounds like i didn't have the intent i wasn't trying to do it that's not enough in a lot of cases that's not going to protect him necessarily from getting indicted. but it's something that we hear
from ceos who get tried. >> rebecca, give us some sense of the scale of the losses here for investors and its impact on the crypto industry overall. >> overall about a year ago this tme the industry was $3 trillion today it's about $900 billion it's come down a lot because a lot of crypto currencies have dropped and what has happened inside of ftx and that's smaller than apple at this point the entire industry is smaller -- >> the entire industry. >> it's half the size of apple as an entire company. the finance community is looking at here is how ftx was built, so dan talks about whether or not he knew, he built the accounting that this comas based >> he created both companies. >> he created both companies, he owned the hedge fund alameda research and partly owned ftx that was built on top of alameda
and where the finance community is really looking at this, where are the policymakers taking a closer look? because a lot of people have lost a lot of money. >> you sort of answered my second question saying this whole industry is smaller than apple i've been surprised that this collapse in the crypto industry hasn't spread into the broader financial markets. >> the collateral that the rest of the industry would accept is not crypto for example when we saw the housing collapse the collateral behind the housing collapse was the u.s. housing market but in this case we're talking about crypto. >> tokens. >> to your point there are economic ripple effect trs this. crypto currencies the underpinning of things like some exotic car markets, the booming going out market, bars, clubs, the bahamas is already seeing
this because of where ftx is based in the bahamas, miami is starting to see it, an underpinning of spending in the u.s. economy for segments of the u.s. economy especially young people. >> dan the regulation of the whole crypto market is pretty murky right now, but sam bankman-fried did a two-hour interview and he's continuing to talk. >> absolutely, you have to wonder what is he doing? why is he talking to so many people? number one, the public, your of public opinion trying to convince people to feel bad for me, it wasn't my fault, that's a tough saell. that's not going to be an easy sale. if i thought that he could somehow convince prosecutors or regulators not to challenge him by going public i'd say great that's really smart strategy i don't see how that could possibly be helping.
if you're serious about trying not to get charged in a case like this would be to talk to them, have a conversation agree to speak to prosecutors. he's going public, that anows prosecutors and regulators. and everything he says can and will be used against him. the small differences between at one point saying i was nervou about what was happening and then at another point saying, i wasn't really that concerned. >> i was vaguely aware. >> those distinctions could be critical. the possibility of up to life in prison, you're talking about the economics of this, the amount of the dollars matters. when you're talking about this much money you're talking about the possibility of enhancement after enhancement based on the dollar amounts that could lead to something up to life. >> dan abrams, rebecca jarvis, thanks very much. our one hour special is
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i'm very honored to have more than 85% of the conference vote for me that's like winning the primary. who wins by 85% so we're going to the floor and i believe we'll get to 218, because why, none of those investigations go foward. successful together or we'll fail individually and we won't be given the possibility or the opportunity to be in majority again. >> kevin mccarthy scrambling to find the votes. mccarthy facing a perilous task. nate silver on his chance and on the surface kevin mccarthy would appear to have a lot of problems, dig deeper it's a bit less clear. one problem, 35 republicans voted against mccarthy in a secret ballot vote for speaker, with those going to arizona's andy biggs.
that may not be a deal breaker in 2015 paul ryan initially had 43 republicans prefer another candidate, four years later, nancy pelosi had 22 oppose her. they both became speaker. some members would like to see a different speaker but the gop won their narrow house majority with a mini red wave in new york. those new moderate members will be top targets for democrats in 2024 and probably won't follow conservatives against mack krr they're, a 75% chance of become speaker while louisiana steve scalise is at 10%. he's not challenging for the top spot. a rocky road involving multiple but i buy that mccarthy will be speaker. the roundtable is up next.
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>> georgia senate runoff coming up on tuesday. chris christie, donna brazile, julia pace. julie, let me begin with you, it appears in that final couple of days that raphael warnock has the momentum in georgia. >> this runoff race in georgia is starting to edge toward the democrats. i think a couple of dynamics moving in the democrats' favor, one is the fact that this is not any more decisive election for control of senate, that was taken care of in the november election, that's take an little bit of the energy out of the republican sails. looking at these early votes number, you don't want to over-read it too much because republicans tend to vote in larger number on election day but democrats are hitting their markers particularly in areas of georgia where they have strong
representation from black voters. >> democrats have gotten a lot of practice at this, donna. >> you know, reverend warnock is running like a quarterback who understands how to run that ball into the end zone, herschel walker disappeared for almost four days during the thanksgiving holiday when people were focused and they were preparing to go out and vote early so i do believe that reverend warnock will be able to score this time, win decisively and why not, this is about competence and character and reverend warnock has shown that he's head and shoulder above walker. >> governor kemp. >> the first human being that ever dragged herschel walker over the goal line. brian kemp people wondered if he'll go all out and he has. it's different than being at. of the ballot and so, some of
that is transferable but maybe not all of it. i think it's going to be very close. i agree with you that warnock appears to have momentum, let's face it he came into this with a lead from election day, walker has ground to make up. what hurts the republicans the most you can't argue now that this is for control, if it was for control misgivings for walker abandon those in order to control.democrats to get - >> the stakes are lower but a difference between 50 and 51. >> there is. a number of surrogates going out trying to make that distinction, but obama really driving home this is what happens when you have 51 votes you don't have to listen to republicans about who can subpoena it really does help on committee assignments democrats can have more say in
literal and physical representation on those committees and ted cruz going out there for warnock saying hey i'm sitting on the judiciary committee. it's not the most interesting subject to talk about but surrogates are out there trying to say it does matter 50/50. >> voters aren't going to get it. you know, i mean, i get it and understand the importance of it. but voters in general in a runoff are going to go -- >> one thing they may be getting donald trump in the last three weeks between the election and the midterms announce his candidate, meets with nick fuentes and mtsye. and last night comes out with suspending the constitution. how difficult is it to come out for someone suspending the
constitution? >> look, this has been the most uninspiring republican presidential announcement since fred thompson, nothing has happened since then since bad things for donald trump because, he's being his post-2020 election untethered self it should not be hard to say that the 2020 election is over it should not be hard to say no, i don't favor a revote the true winner being put into office by some extra constitutional act, this is what kills my party right now is this conversation, this morning we're not talking about issues that american people care about you and i are sitting here talking about this and we as a party need to have this open family argument in the public about whether this is the way we need to go as a party and we need to have that argument now. >> chris you need to have a backbone to have that conversation, when you condemned
what happened at that dinner in mar-a-lago. you did that. no one else in your party it took them a week of the republican party was sitting down with a known anti-semite and ye, it took days after you made that courageous statement for others to follow. no without a backbone donald trump is going to continue to pull the strings in the republican party and he'll continue to be the face of the republican party and only a toxic dictator or would-be dictator would say we got to suspend the constitution. >> not making things easy for kevin mccarthy. you cover congress. >> republicans are really nervous just because they don't know how it's going to play out and if you ask them, anyone who tells them mccarthy has it or doesn't have it, they keep
saying we're recruiting someone, there's someone in the shadows, they have time to be able to find someone but no one wants to lead a majority of just four, five votes because it'soi no'v been talking to modelike joyce says it's good to see mccarthy trying to convene all of the different factions within the republican conference because they were worried seeing him in the minority leaning too far right and not denouncing some of the voices thatter with actually hanging out with nick fuentes in the conference itself. they're looking at this as, okay, this is a test mccarthy, too, to bring all of us together to hash it out early. there are people in the republican conference who don't like mccarthy. they just don't like him. >> at the same time if mccarthy is going to clear 218, i agree you can't beat somebody with nobody where republicans are right now, if he crosses 218
he'll have made so many promises to some of those conservative really far-right lawmakers around particularly the investigations -- so many essions to bility to do much chris' point to take action on issues, real things that the american public wants to make that argument going into the 2024 election is going to be just extremely limited. >> listen, some other people who quietly look in the mirror that morning and see a speaker but no one else is looking in that mirror and seeing speaker, mccarthy is the leading candidate, let's face it, kevin when he took over as leader he was in the minority and they won enough seats to get a ma sjorit this time. i saw the work he did across the country. he was on the airplane more than
he was on his feet, and you know people do remember those things in the end thooil vote mccarthy. two things, how well he's able to maneuver inside that room and two what the democrats do because sometimes the opposition can make it easy to unite you and see what they do. hakeem jeffries will have some big decisions as a new leader. lot of people on the democratic side are going to appreciate nancy pelosi more than they did. that's not a knock on hakeem. she had a lot of experience. >> kevin is a walking salesperson, he's going out promising committee assignments promising to investigate but the problem is the republican caucus has a split personality you have one huge chunk, the freedom caucus they want to do a lot of oversight, lot of investigations they're not looking at passing legislation they're trying to
embarrass the president. those seven to nine members in the house gop caucus that won in biden district, they're going to be hellbent to look for compromises with democrats. >> donna take us inside these deliberations the dnc to change the primary calendar south carolina now proposed to be first. a calendar tailor-made for joe biden. >> when i walked into our informal dinner and the president, he laid out his principles and you know, george, i might have walked into that room thinking the calendar should start in perhaps another state but when the president's laid out such an important agenda for us that it was very difficult to counter the president's proposal so yes we're going to extend this tradition that we have give on
the new hampshire as long as i can recall to additional states. >> explain to what the first month is going to look. >> we're going to grant waivers to allow five states before super tuesday. 20 states applied, 17 under consideration, five states, that includes february 3rd starting the in the great state of south carolina, followed by the next tuesday with nevada and new hampshire and then followed by michigan and then georgia. so four out of five states are battleground states and i do believe this tradition that allows voters to look under the hood, check the tires of these candidates i think the voters in south carolina will do a remarkable job. >> if it goes through, chris, it could create some difficult decisions for the republicans. >> i haven't heard anybody saying in the aftermath of what the dnc is proposing oh, yeah, we're going to change, i think you'll see the traditional calendar and let's face it we
heard from the two united states senators from new hampshire they are going to do everything they can to make sure that new hampshire is first and they're going to need to do to move that law. if you go to new hampshire as we all have at one time or another, part of your first grade education, we're first. i think they'll stay right with the calendar with iowa, new hampshire, nevada and south carolina and then everybody else coming up behind on super tuesday i don't see the republicans changing and the republicans are going to have a pillow fight. whatever is going on in the republican party we don't know because you guys are still trying to sort it out and you ordered another autopsy. >> on sundays you like to do a little betting, donna, do yourself a favor, no matter the odds don't bet on the my pillow guy. not going to happen. >> lot of democrats reluctant to
come out and endorse joe biden running for president in 2024 hakeem jeffries was about as forth right as you could possibly. >> right before the election one of the questions we had, the assumption was, democrats were going to lose big in congress and there were a lot of democrats privately saying, man, if that happens i mean it's in part because of biden, complete 180, right, because democrats were able to hold on especially in these swings states, the opposite is true, that doesn't mean there aren't people call for new leadership. we saw that demonstrated with house democrats once nancy pelosi stepped down. however, democrats are just like jeffries said backing biden saying you know what his agenda we helped pass, it helped us win when we talking about it in these swing districts. >> this new calendar the most
indication yet he's going to run. >> he's laying the ground work for a run. the story of the biden presidency is coming exceeding low expectations he did it in the 2020 election, he's actually done it over the last two years with what he's been able to get through congress and coming out of these midterms where the democrats did far better than expected and he's laying the ground work for another run. >> thank you all very much. coming up, the biggest protest in china, bob woodruff is on the scene in hong kong. we'll be right back.
reaction when he hears protesters in china chant "freedom" or xi jinping step down? >> the president isn't going to speak for protesters around the world they're speaking for themselves what we're doing is we're making it clear we support the right to peaceful protests. >> protests in china against the government's zero covid policy the course of the pandemic and the health of the global economy. bob woodruff is tracking the developments from hong kong. good morning, bob. >> reporter: good morning, george. we haven't seen such large public anti-government set of demonstrations here really since the tiananmen 33 years ago, this time anger is pointed to president xi jinping for his strict covid policies which have saved lives but at the cost of the economy and personal freedoms. frustration is hitting a boiling point for many chinese citizens this week.
thousands pouring on to the streets from beijing to shanghai, to guangzhou. the anger fueled by resentment over the government's zero covid policy. countries including u.s. have turned to living with the virus, china has not. still imposing lockdowns. those strict lockdown measures have helped mitigate the spread of covid-19 but come at an large economic response. apple now reportedly looking to shift some of its production outside the country, after protests at a factory, adding to the challenges president xi jinping faces this week the country's former president died. he led china the aftermath of the crackdown, mending ties with the west and the country's
economic boom in the '90s. in hong kong chinese citizens lined up to pay honor to president zemin. there are some concerns with the police they might use this kind of crowd to turn it into a protest, you can see there are police officers up over there, gathering along the edge of the road they don't want some kind of uprising. attempting to diffuse national unrest some cities have begun easing covid restricions but president xi has largely remain quiter. she's not admitted because of unrest but because the omicron variant is less deadly. unclear how much will change in china but even the current easing demonstrates the extraordinary pressure that the government is feeling because of the protests. another major challenge for the
country's covid policy, president xi has refused to allow the world's most effective mrna vaccines like pfizer and others to be used on his citizens simply because they were not invented and made in china. george. >> thank you, bob. thanks to all of you at home for sharing part of your sunday with us. folks, it looks like we're gonna have to land this big old bird earlier than expected because it's the xfinity black friday sale. stream your heart out with the ultimate streamer setup when you get internet with unlimited data for 55 dollars a month. plus get a free flex 4k streaming box. oh my! and for a limited time, get hbo max included for 1 year. even you in 22c. flight attendants, prepare for streaming. drop everything and get to the xfinity black friday sale.
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