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Jul 21, 2020
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our congressional reporter emily wilkins is live from washington. there have been lots of reports over the past months on how the virus task forces to, given we have not seen these pressers occur regularly for some time. it is interesting that they have resumed? is it because we are getting closer to november, and what you think of the tone the president struck? emily: it was an interesting presser. it was a change in tone for trump we have seen the last couple of days. we have not seen him with a face meson before, but the other day he tweeted himself out a photo line one calling it patriotic. he took a different home of the briefing saying things will get worse before they get better, and encouraged americans to wear a mask and to avoid crowded indoor areas. what isugh to say causing this change, whether it is november, and the fact that joe biden is topping the president and national polls no we are conceding -- and national we are seeing continued rise in the virus. >> he kept calling this the "china virus." this coming at a time when the u.s. h
our congressional reporter emily wilkins is live from washington. there have been lots of reports over the past months on how the virus task forces to, given we have not seen these pressers occur regularly for some time. it is interesting that they have resumed? is it because we are getting closer to november, and what you think of the tone the president struck? emily: it was an interesting presser. it was a change in tone for trump we have seen the last couple of days. we have not seen him...
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Jul 27, 2020
07/20
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our congressional government reporter emily wilkins. now on the latest gop rescue package and you are watching that press conference ongoing at the moment. this as we see u.s. futures gaining 2/10 of 1%. this adding to the gains we saw in the new york regular session. saying the fed will reinforce the dovish message or not to mention optimism of when we could see the next round of fiscal measures coming from congress. week's 500 erased last drop, which saw the rebound of tech shares of setting fight in things. second-quarterg gdp numbers. we are watching for that. the dollar fell to the lowest in 18 months. we continue to see this downtrend. let's see how things are shaping up for the asian markets with sophie kamaruddin in hong kong. looke: asian stocks could to extend monday's gains. you have the taiex looking to extend the rally that pushed the taiwanese benchmark to a record high. today's markets are closed and we are going to learn from malaysia the latest entree data. we will get the verdict in the prime minister's 1mdb trial. whe
our congressional government reporter emily wilkins. now on the latest gop rescue package and you are watching that press conference ongoing at the moment. this as we see u.s. futures gaining 2/10 of 1%. this adding to the gains we saw in the new york regular session. saying the fed will reinforce the dovish message or not to mention optimism of when we could see the next round of fiscal measures coming from congress. week's 500 erased last drop, which saw the rebound of tech shares of setting...
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Jul 28, 2020
07/20
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our congressional government reporter emberley wilkins -- emily wilkins is in washington. emily: at this point, everything is a little bit up in the air. officials from the white house were at congress today. they met with republicans, they met with democrats. this negotiation process we have come to expect, but a number of senate republicans left the room saying they were not confident about what was in the bill. remember this is the senate republicans' bill they are negotiating with democrats. even trump said there were parts of the republican plan he does not agree with. while i think some things for testing funding and virus research, i think there is a lot that is still up in the air at this point. there are provisions in the bill that everyone seems to oppose, like fbi pug -- fbi funding, which is drawing bipartisan scorn. there seems to be unanimous it is something the trump administration once but none of the legislators do. emily: this is reminding everyone that a tax cut was something the administration wanted and pushed, but it did not have momentum on the hill
our congressional government reporter emberley wilkins -- emily wilkins is in washington. emily: at this point, everything is a little bit up in the air. officials from the white house were at congress today. they met with republicans, they met with democrats. this negotiation process we have come to expect, but a number of senate republicans left the room saying they were not confident about what was in the bill. remember this is the senate republicans' bill they are negotiating with...
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Jul 23, 2020
07/20
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emily wilkins joins us from d.c. these comments from mike pompeo are extraordinary, painting president xi jinping as a tyrant , that america and its allies need to essentially stop beijing from being a tyrant both domestically with their own people and internationally. were these comments expected with the unraveling of the bilateral relationship? i think we have seen comments from secretary pompeo as well as others in the trump administration, even republicans and democrats in the wider u.s. government, but increasingly negative tone towards china and toward beijing. i think these comments are the natural progression of other comments we have heard from secretary pompeo in the last several months. the ccp to change its direction falls short of calling for a regime change, but some of the things he said about xi jinping were very strong criticisms, towards him in the communist party as a whole. shery: and the pressure coming from all sides. the justice department charging four individuals and arresting three chinese
emily wilkins joins us from d.c. these comments from mike pompeo are extraordinary, painting president xi jinping as a tyrant , that america and its allies need to essentially stop beijing from being a tyrant both domestically with their own people and internationally. were these comments expected with the unraveling of the bilateral relationship? i think we have seen comments from secretary pompeo as well as others in the trump administration, even republicans and democrats in the wider u.s....
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Jul 28, 2020
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emily wilkins, our congressional reporter, thank you for weighing in. i do want to move on to the big tech antitrust hearing happening tomorrow. ceo's of facebook, google, apple, and amazon will all be testifying. we spoke to the chair of the ,ouse antitrust subcommittee who will be running the proceedings tomorrow, for his take on big tech and how the companies have been behaving. let's take a listen. >> this is the first major antitrust investigation that congress of the united states has engaged in in about 50 years. evil antitrust is designed to address is coercion, and to the extent that these large technology platforms are behaving like novelists -- >> the antitrust issues facing facebook are different than those facing apple and amazon. i think -- is the only actual monopoly. when you have monopoly power, you have to have regulation. i think in the next couple of years, we will probably get closer to it that we have ever been. >> sometimes i have negative opinions about apple being a little too much control over you, but i've thought about this w
emily wilkins, our congressional reporter, thank you for weighing in. i do want to move on to the big tech antitrust hearing happening tomorrow. ceo's of facebook, google, apple, and amazon will all be testifying. we spoke to the chair of the ,ouse antitrust subcommittee who will be running the proceedings tomorrow, for his take on big tech and how the companies have been behaving. let's take a listen. >> this is the first major antitrust investigation that congress of the united states...
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Jul 23, 2020
07/20
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francine: emily, thank you so much, emily welk ends. up next -- wilkins. up next, we speak about covid-19, the fight and the treatment, with jason farley of new york university. this is bloomberg. ♪ -- johns hopkins university. ♪ "bloombergs is surveillance." microsoft comes up short, failing to meet lofty expectations for 49% growth in its azure cloud computing business. microsoft still beat x test estimates. -- estimates. softbank approached apple to see if it would be interested in bidding for a chip firm. the two had discussions but apple is not planning to pursue a bid. it is a poor fit with apple's business model. sales took a hit in the second quarter but is confirming its outlook for the year. roche rolled out some of the earliest and most accurate test for the corona virus -- accurate tests for the coronavirus. francine: bloomberg has developed a unique partnership who has beenpkins response,efront of public health, and emergency preparedness. joining us is jason farley, a trained nurse. this week, we had a lot of trials for vaccine. does it m
francine: emily, thank you so much, emily welk ends. up next -- wilkins. up next, we speak about covid-19, the fight and the treatment, with jason farley of new york university. this is bloomberg. ♪ -- johns hopkins university. ♪ "bloombergs is surveillance." microsoft comes up short, failing to meet lofty expectations for 49% growth in its azure cloud computing business. microsoft still beat x test estimates. -- estimates. softbank approached apple to see if it would be...
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Jul 27, 2020
07/20
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emily wilkins joins us now from washington. what is the latest we know in terms of the negotiations between the two sides? >> today was the day senate republicans finally released their bill of what they would like to see in the next coronavirus stimulus. we have been waiting for this since may, when democrats passed their bill. republicans wanted to see what happened with the economy. they are coming out with a $1 trillion bill with payments for schools, americans. a lot of stuff in there. democrats are saying it does not go far enough. i am sure we are going to see them trying to make sure that the bill has funding in it for american businesses and families and individuals. >> mitch mcconnell, calling this bill a starting place they cannot pass without democrats. what are we expecting in terms of which areas the democrats and republicans can actually compromise on? >> we are probably going to be seeing this play out over the next two weeks, perhaps a little bit longer. lawmakers are scheduled to be leaving d.c. and going back
emily wilkins joins us now from washington. what is the latest we know in terms of the negotiations between the two sides? >> today was the day senate republicans finally released their bill of what they would like to see in the next coronavirus stimulus. we have been waiting for this since may, when democrats passed their bill. republicans wanted to see what happened with the economy. they are coming out with a $1 trillion bill with payments for schools, americans. a lot of stuff in...
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Jul 30, 2020
07/20
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joining us is emily wilkins. let's get started on that tweet that made headlines a whole day. it move markets, raising anxiety over what will happen november 3. president trump claiming mail-in voting will make this election fraudulent. emily: i don't even know where to begin with this one. i guess we should start with the simple logistics. if we want to change the date of the election from november 3, congress must act to do so. that is in federal law. mitch mcconnell has already said the current date is set in stone. other top republicans and democrats see no interest in moving this particular date. if trump does try to move the date, we anticipate that going to the courts. it is going to be very difficult to try and move this date, period. trump, we heard him say that what he was trying to get across is that he has concerns about hollande voting -- mail-in voting. today he said that mail-in voting was problematic while absentee voting was fine. they are actually the same thing. there seems to be a little bit of confusion right there. haidi: add confusion when it comes to a
joining us is emily wilkins. let's get started on that tweet that made headlines a whole day. it move markets, raising anxiety over what will happen november 3. president trump claiming mail-in voting will make this election fraudulent. emily: i don't even know where to begin with this one. i guess we should start with the simple logistics. if we want to change the date of the election from november 3, congress must act to do so. that is in federal law. mitch mcconnell has already said the...
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Jul 27, 2020
07/20
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only -- emily.nd emily: [laughter] we want to bring in our congressional reporter, emily wilkins, who has been watching republicans on the senate or. what is the latest in the emily: remember, democrats passed $3.6 trillion bill in may and have been waiting for republicans so that they can begin to negotiate and now we will see the republican opening bid. a few things that we already ,now, $100 billion to schools some so that they can reopen, stimulus checks and the extension of virus testing, all things that you expect to see in the proposal out later today. emily: all right, they have officially released the first part of their pandemic relief plan. we are working on getting those details. talk to us about what the big sticking points had been. we know that the main issue here is that unemployment in their plan is going to be dropping significantly. emily: right, on top of the unemployment being given from states, the republicans have a proposal to give 200 dollars supplemental. even that is temporary and would wind up under the republican plan steady enough to give people 70% of th
only -- emily.nd emily: [laughter] we want to bring in our congressional reporter, emily wilkins, who has been watching republicans on the senate or. what is the latest in the emily: remember, democrats passed $3.6 trillion bill in may and have been waiting for republicans so that they can begin to negotiate and now we will see the republican opening bid. a few things that we already ,now, $100 billion to schools some so that they can reopen, stimulus checks and the extension of virus testing,...
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Jul 14, 2020
07/20
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i want to get back to emily wilkins, or bloomberg congressional reporter. we got to the two-minute warning but that felt like it was almost 15 minutes ago. not particularly unusual when it comes to a press conference with president trump. he can be fairly unpredictable holding manyt been of these. what can we expect to hear today? >> to be totally honest, as a reporter who covers politics in washington, i am very much used to waiting for people to come to the mic and start speaking. i am sure he will be there soon. expectingdefinitely news today about potentially china. we are expecting the president i think to address coronavirus in some shape or form. it is the elephant in the room at this point. it is a trump press conference. they sometimes tend to be very wide and varied in what topics are discussed. some: we are getting headlines about justice ruth bader ginsburg, who has been hospitalized with a possible infection. she underwent a procedure earlier today at johns hopkins. she is going to be staying in the hospital for a few days. we know that she has
i want to get back to emily wilkins, or bloomberg congressional reporter. we got to the two-minute warning but that felt like it was almost 15 minutes ago. not particularly unusual when it comes to a press conference with president trump. he can be fairly unpredictable holding manyt been of these. what can we expect to hear today? >> to be totally honest, as a reporter who covers politics in washington, i am very much used to waiting for people to come to the mic and start speaking. i am...
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Jul 16, 2020
07/20
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emily wilkins joins us now from washington. put furthernd of pressure on u.s. corporations caught in the middle between wanting this growth in this part of the global market but also facing the ira president trump ire of president trump and william barr? emily: they want to be international. they want to appeal to a wide base of customers. to sort ofontinued impose restrictions on companies, having them bend to the country's will. certain things, like they had apple reporting news on hong kong protests. as you mentioned in the clip, they are concerned about potential copyright infringement. shanghai disneyland opened up and then a similar amusement park opened up with similar characters to it. you are seeing william barr go ahead and give this morning. telling companies you cannot worry so much about the bottom profit line. you need to be thinking long term in your relationships about china. also warning about potential hacking attacks. he was not the only one. we had other governments warning of this. especially coming from russia. emily: yes. both the u.s., u
emily wilkins joins us now from washington. put furthernd of pressure on u.s. corporations caught in the middle between wanting this growth in this part of the global market but also facing the ira president trump ire of president trump and william barr? emily: they want to be international. they want to appeal to a wide base of customers. to sort ofontinued impose restrictions on companies, having them bend to the country's will. certain things, like they had apple reporting news on hong kong...
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Jul 21, 2020
07/20
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emily wilkins with us. still ahead, we get more on the u.s. claims of chinese hackers stealing trade secrets and stole vaccine data. our interview with the assistant attorney general for national security is ahead. in the meantime, bonds are under pressure in china despite the recent recovery. we will be discussing the outlook for the credit outlook. ♪ karina: you are watching "daybreak asia." tokyo is considering asking people to stay at home this long weekend as coronavirus levels rise once again. the capital was to be celebrating the opening of the olympic games but has seen infection rates spike in recent days. more than 1600 cases have been recorded in the last week with hospitalizations climbing fivefold. tokyo and the abe government disagree over the severity of the surge. hong kong is facing a third wave of the pandemic amid fears the city's medical infrastructure may be overwhelmed. new cases are surging with many of uncertain providence. the government has speculation the city will go into a new lockdown following the reports of fa
emily wilkins with us. still ahead, we get more on the u.s. claims of chinese hackers stealing trade secrets and stole vaccine data. our interview with the assistant attorney general for national security is ahead. in the meantime, bonds are under pressure in china despite the recent recovery. we will be discussing the outlook for the credit outlook. ♪ karina: you are watching "daybreak asia." tokyo is considering asking people to stay at home this long weekend as coronavirus levels...
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Jul 2, 2020
07/20
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emily wilkins is following this bill. what is the mood in washington right now? is the president going to sign this? expect theutely president to sign this bill. it has i high level of support from inside his own party and we have seen the president escalate things with china. there's been a bit of a tit-for-tat in recent months ,ver coronavirus, over trade over the south china sea and this is the latest brick in that wall. it's not just about hong kong. we have a bipartisan group of lawmakers who want the trump administration to go hard on china when it comes to human rights abuses. >> a bipartisan group sent the white house a letter urging them to do something more than just have strong retorts when it comes to china arresting muslims, putting them in camps. they have faulted the administration for not doing more. want to make sure no u.s. companies are selling surveillance technology. similar to the sanctions over hong kong, but those would extend to financial institutions. how much times will banks have to prepare for this? emily: thanks to prepare to make su
emily wilkins is following this bill. what is the mood in washington right now? is the president going to sign this? expect theutely president to sign this bill. it has i high level of support from inside his own party and we have seen the president escalate things with china. there's been a bit of a tit-for-tat in recent months ,ver coronavirus, over trade over the south china sea and this is the latest brick in that wall. it's not just about hong kong. we have a bipartisan group of lawmakers...
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Jul 21, 2020
07/20
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emily: all right. much wilkins, thank you so for more on that story about these two china hackers charged by the u.s. government, kevin cirilli spoke with the u.s. assistant attorney general for national security. take a listen to that conversation. >> we are announcing the charges today that they to biddies of the group continue up to the day of the indictment. we will continue to monitor what they do, but even more importantly, continue to work with the private sector companies to help them guard against this kind of activity. as we say in the indictment, they come back. luckily by working with the companies, by working with the department of energy, the managed to prevent the returning hacks. kevin: what are steps you can hackersm preventing from stealing as intellectual property? >> safeguarding your data on the most secure security -- safeguarding your data on the most secure devices you have. onot of people are working remote devices. the second piece is going to the fbi if you say something went
emily: all right. much wilkins, thank you so for more on that story about these two china hackers charged by the u.s. government, kevin cirilli spoke with the u.s. assistant attorney general for national security. take a listen to that conversation. >> we are announcing the charges today that they to biddies of the group continue up to the day of the indictment. we will continue to monitor what they do, but even more importantly, continue to work with the private sector companies to help...