sec. psaki: he might have a future in our business, in the press office. he will get some brief comments of the top, take a few questions, then we will do briefing after then. if you need to leave for tv, feel free to go. i will turn it over now. >> this is a briefing i never wanted to give. i'd like to start by saying the prayers of the entire world are with the people of ukraine today as they suffer an unjustified, unprovoked, and premeditated attack by the russian military forces. president biden has said from the start of this crisis, if putin chooses to invade, the cost to russia will be immediate and profound, to its financial system, to its economy, to its technology-based and strategic decision -- strategic position in the world. putin has made his choice. he rejected diplomacy and chose war. today the president has announced our response. because of putin's choices, his flagrant violation of international law and utter disregard for the principles that underpin peace and security

sec. price: afternoon. happy monday. as a gift to all of you, i don't have anything at the top. happy to start with your questions. time will tell. >> can i ask you about a general question on the ukraine? what do you think that you accomplished at this security council meeting? sec. price: >> you have heard you have heard from our ambassador to the u.n. >> you don't need to go through everything that she said. what does the administration think that it accomplished? sec. price: can i give a slight preamble? >> you just don't need to repeat everything that was said an hour ago. sec. price: i will come to your question. not everybody is the same reporter extraordinaire. the un security council as we know, under the u.n. charter, has primary responsibility for the maintenance of international peace and security. it takes the lead in determining the existence of a threat to international peace and security. it takes the lead in examining instances of aggression. that's what we are seeing here

sec. psaki: anyone needs to go, no one will take it personally. reporter: a question on ukraine. we said that today's sanction package is just the beginning. does that mean if nothing changes? what does that mean just the beginning? sec. psaki: we have a range of options to take. if vladimir putin continues to escalate, so will we. reporter: speaking of the state of union, when was the last time president biden spoke to anyone in congress about his build back better agenda? sec. psaki: he has spoken to them, but i'm not going to comment about specifics. reporter: -- bring back energy prices? sec. psaki: it includes conversations with foreign counterparts and other major large global suppliers. it also includes conversations we are continuing to have with congress and others about what steps i be at our disposal and the president is continuing to consider options. i expect we will have more to tell you when decisions are made. reporter: has anyone heard from the russians publicly in the las

sec. gen. stoln close contact with the government of ukraine. we are monitoring the situation very closely. it is still a fluid situation. what we have seen is that the ukrainian forces are fighting bravely and are actually able to inflict damage on the invading russian forces. again, it is a very fluid and evolving situation. nato allies expressed at the summit today that they provide support for ukraine. they are ready to continue to provide support to ukraine. military support, humanitarian support. i think we all have to judge how things evolve, but the message from nato leaders and from finland and sweden is that we are there to support ukraine. we have supported ukraine for many years. we will continue to support them. reporter: in the current situation which we observed now in ukraine, does nato preserve its right to assist ukraine with defensive equipment? in particular, can we expect nato will provide ukraine with badly needed antiaircraft equipment? thank you so much. sec. gen. stolte

plus, a spot etf, what will it take to get the sec to yes? with the closing bell ringing in about 5 minutes, we -- 51 minutes, we do have a major rally on our hands. the volatility index is falling dramatically. we're coming right back on an extraordinarily busy day and lots of questions for sec chair gary gensler in a fox business exclusive. ♪ ♪ your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire yep, it's go time on the most reliable network. you get unlimited match for just $30 bucks.tion. nice! but mine has 5g included. yep, even these guys get it. and the icing on the cake? saving up to $400 bucks? exactly! xfinity mobile. it's wireless that does it all and saves a lot. get the new samsung galaxy s22 series on xfinity mobile. and right now, save big with up to $750 off a new samsung device. switch today. ♪ ♪ liz: crypto in the crosshairs again. news breaki

sec. gen. stoltenberg: we see the full-fledged invasion of ukraine from multiple directions with air, sea and land capabilities. this is aligned with what our intelligence services predicted because we saw the buildup around ukraine with air, sea and land forces. we see them moving towards kyiv. we also see the rhetoric, the messages which is strongly indicating the aim is to change governments, to change and remove the democratically elected government in kyiv. we are in close contact with the government of ukraine. we are monitoring the situation very closely. it is still a fluid situation. what we have seen is that the ukrainian forces are fighting bravely and are actually able to inflict damage on the invading russian forces. again, it is a very fluid and evolving situation. nato allies expressed at the summit today that they provide support for ukraine. they are ready to continue to provide support to ukraine. military support, humanitarian support. i think we all have to judge how things

sec. eyemo: thank you for having me. these sanctions for black american and the kremlin, one institution is the institution the kremlin has used to project power within russia. the second is an institution to project power outside russia by funding the defense ministry. the president's charge was to use our sanctions to have an impact on russia, while mitigating impact on the united states and our european allies, which is what we did today. judy: the president also announced sanctions, punishments on five so-called elite individuals. we understand three of them have already been sanctioned. how will this influence mr. putin? dep. sec. adeyemo: as you know, president putin drives his wealth from what is around him and many of these elites, we have found they have moved their money to their children. by taking this action to be able to recite in those individuals today, it allows us to get at their family members to whom they had moved their wealth to further deprive predent putin of their

sec. it was formed by a presidential as executive order and response of the 1987 stock market crash. for the stable coin report, the pwg was joined by the fdic and occ. stable coins are part of an emerging set of digital assets, activities, and services that cannot profound implications for the u.s. financial system and economy. the distinguishing feature of stable coins as compared to other digital assets is that they are designed to maintain a stable value relative to a reference asset, often the u.s. dollar. stable coins have grown rapidly from a market capitalization of roughly $5 billion at the start of 2020 to approximately $175 billion today. the p wg report focused on stable coins because the author of a stable value means that they have the potential to be used widely as a means of payment by households, businesses, and financial firms this potential use could create significant benefits for stable coin users and payment transactions. it could also pose risks. the pwg focused on t

sec. liang: i believe the regulation for stable coin should be flexible and assess the risks. also that it does not extend credit, that should not need to be subject to the full set of banking regulations that pertain to credit. flexibility is important. the trust charters and this may vary across states are designed more -- have been developed for fiduciary responsibilities. they may not be as currently structured, have the authority to reach in and see how the stable coin arrangement is needed to be a payment service, is conducted. as we have talked to state supervisors and learned a lot from the experience they are building, they have less insight into the overall arrangement than at times they might like. >> that goes to the point i was trying to make. i'm not suggesting the existing regime is perfect and we are finished and there is no work to be done here but i am suggesting it might serve as a part of a regulatory framework, an option available with the overlay that would address so

they decided to pull the plug because the sec sued to blcok it. lockheed wanted to do the deal to bring the technology in-house to develop hypersonic weapons for u.s. military. whenever you talk about the defense sector that often, it was a sizable deal now being killed. it seems like the sec is on a bit of a role in terms of their antitrust work. so if you were glued to your screen this weekend you might not have thought about that one. emily: the popular crypto platform has agreed to pay $100 million to the sec and 32 states over allegations it illegally offered a product that paid customers high interest rates to lend out there digital assets. current block five customers continue to earn interest on their existing investments but no new customers in the u.s. allowed. they plan to register a new crypto lending product that will satisfy the sec's rules. joining me now is zac prince, the ceo and cofounder of blockfi. so why not register with the sec a few years back? zac: hey, emily. thanks for having me on it i wanted to give folks some backgrou

plus, the sec kicks off its crypto crackdown. the crypto exchange blockfi agrees to pay a $100 million fine. ceo zac prince will be with us to talk about what is next. and sticking with crypto coinbase is back up and running , after crashing amid record traffic on the back of his super bowl ad. what the crypto ad blitz means for the future of digital tokens. we will get to all of that in a moment. but first, it has been a volatile day as the world watches the evolving standoff on the ukrainian border. ed ludlow has the latest. ed: u.s. sectors swinging between losses and gains. the s&p 500, the main gauge of u.s. equities, made three attempts at a comeback out of negative territory. we closed down .4%. technology shares were able to snap the declines we saw friday which was a heavy loss in that session but only just. the nasdaq 100 up just a 0.1%. mega caps leading the way. the likes of apple, amazon, tesla. all big points pushing up the faang index. semiconductors also just eking out a gain. the markets struggling getting a read

why is the sec on your turf or your old turf? it sounds like, you know, all's we're talking about is the sec going into these cryptocurrencies when you guys are, at least legally, the main regulator. you're the ones who are supposed to figure out whether it's a commodity or a security. you've obviously ruled you thought xrp was a mod key, at least intellectually you believe that. is this a power grabby gensler? >> you know, charlie are, you've been around washington long enough, you know that washington is just a series of turfs and turf battles. that was one of the things that jay clayton and i really tried to put an end to when we were there, and i don't think the cooperation has ever been as good as it was the during our terms there. >> right. >> and i really recommend to my successors that they try to harmonize these things internally and not publicly. >> right. well, that is a real -- before i turn this over to cheryl, because she wants to ask you a question, that's a really diplomatic way to say gensler's picking -- making

and they owe money, basically to the sec. the sec is saying ripple, in building out its platform and using xrp owes them like $2 trillion, $2 billion, i'm sorry thinking of the budget deficit there, but billions of dollars. this is a really big case, and so many people bought xrp on the notion that the sec thought it was giving it a pass, no different than ether. the price has cratered since they brought this case so there's a lot riding on this case and i'll tell you, david, if the sec wins, i mean, this is throwing crypto regulation, it's going to upend the industry. david: wow. charlie: this is an industry that will have a correction anyway. david: millions and millions of investors are interested in this , charlie, thank you very much. well, nascar has become the hot new investment for celebrities, connell mcshane is live in daytona, with a preview of that, connell? connell: yeah, no crypto talk here, david as far as i could tell but they are excited for the great american race this weekend, practice running behind me, th

stopping the sec from being weaseling it. and the public space connected and it'snd about stopping including all of you and your predecessors. and therefore corporations that most importantly hurts american people who need the fcc to make hard decisions and those to look at a settlement agreement in my voluntary and temporary recruit recusal for tv broadcast copyright. the first broadcast settlement to make clear i have no financial liability stemming from a lawsuit andda indeed i never did fromrt the day i joined the coalition board. this wasn't a settlement agreement that i negotiated and with a full and eager consent and then they agreed over the equipment why do i mention this for the record because the confidentiald? settlement agreement and then to mention the terms of the agreement and writing. and thene it was signed october 122 weeks before i was nominated to this position it is explicitly referred to in the settlement agreement when it was signed by the representative i had no idea whether or not i would be nominate

that is where billionaire fund managers have to reveal trades through sec filings. this one caught our eye. billionaire george soros is buying peloton in the middle of it is dramatic nightmare after selling shares of e-commerce giant amazon and google parent alphabet. our "countdown" closer says hold on, don't throw out one of the two names soros sold. let's bring in cornerstone cio cliff hodge. you say it is a mistake to throw out alphabet google. what do you love about it? >> so alphabet could be the "faang" name to own in 2022. it is in all the right places to see continued growth. a.i., machine learning, all online advertising doing well last quarter and should continue. search continues to be a juggernaut. we actually liked that the company has done the reverse split. that is likely to get attention of the reddit crowd. we think there is room for buybacks to accelerate. "faang" could be be name to hann to. i'm sorry, google. liz: google, one of the "faangs." google has had a great 52 weeks. it is up nearly 30% as this chart shows. the question becomes, are ther

liz: but there is news with the sec and ripple, correct? >> ripple, and why do we keep talking about this case? if you're worried about crypto regulation, who's going to regulate it, how much can be regulated, this case is huge. if the sec wins this case and says that ripple went out there and essentially years ago, over the years, and issued its founders sold their xrp which is a separate cryptocurrency, but they used some of that to finance the platform, if that is considered a security. it's unregistered, buzz they didn't register -- because they didn't register with the sec. if they lose that case, all bets are finish a lot of bets are off. if you're deemed a security that's unregistered, you've got some problems. xrp was taken off the various crypto exchanges in the u.s., so does that extend to ether? logic would say it might. anyway, what we're getting now out of this case is both sides jockeying for position, and some documents -- and, i'll tell you, i don't know what the documents said, i haven't read them yet, but the documents are

like we have engaged with the sec and we are trying to flush out what would this look like to be an sec registered platform? i am not sure where it's went to lead us, but they have been very receptive and we are engaging in substantive discussions with them about what it might look like. emily: it has been a year since the gamestop moment. in a blog post, you said you never what your customers to be surprised with trading restrictions again. what is the message to retail investors who are considering robinhood now? how can you give them confidence that won't happen again. >> there was no bigger trauma in the history of robinhood than having to stop the buying and popular meme stocks year ago. it's into that it all our whole mission and purpose to cease trading. our customers let us know how they felt about it. they didn't like it and reputation lie, it was not a good look for us. we felt it, we hear the pain of our customers and we have done everything in our power to make sure something like that never happens again. we are sitting right now on five times the amount of regulatory net c

my colleague david westin spoke with sec chair gary gensler earlier. gary: we do have a broad agenda and crypto is part of that agenda, but it is an agenda to make the capital work, its markets work better for the investing public and the companies. drive more efficiency in these markets. as to your question about crypto, the agency is just looking at more investors. many of these tokens -- i'm not trying to prejudge anyone, but many of these tokens have the attributes of securities. they are raising money from the public and the public is anticipating profits aced upon the efforts of others -- based upon the efforts of others. we are trying to work with the various crypto platforms, the exchanges, the lending platforms to come in, get registered, find where weekend to adjust our rule set to get the investor protection for the public. david: you have encouraged exchanges to get registered. at the same time a lot of them have not. gary: it's because, look, if you are a platform and you have 75 or 100 or sometimes 5000 tokens on that platform, probabilit

sec. raimondo: good morning. thank you for having me. i first want to say it is impossible to overstate how consequential this bill is. as you say, it is a $50 billion investment in american manufacturing of semiconductors, which is uniquely critical component. it is headed to conference, as you say, and there's a huge amount of bipartisan support for the vast majority of the bill in both the house and the senate. i have just this week spoken with chairs and ranking members of both the house and the senate , and also to speaker pelosi and leader schumer, and everyone is focused on getting it done quickly and getting it to the president's desk. i'm sure there will be ups and downs and disagreements come about we are all sure that it is something that could happen reasonably quickly. david: specifically on the supply chain issue, you have been responsible on supply chain here in the united states. how critical is the $45 billion on the house side, separate and apart from the contractor? sec.

sec. blinken: first let me just start by saying what an absolute pleasure it is to be here, to be with all of you, especially to be with my friend and colleague annalena, and also christoph, wolfgang. this is the equivalent of an olympic relay to go from wolfgang to christoph. doesn't get better than that. wonderful to be with you. to start with this point, i really start where annalena left off, because we have exactly the same perspective, the perspective that president biden brings to everything we are doing and what we have tried to do in our first year. it is a simple conviction. it's a conviction that there is not a single challenge of consequence actually affecting the lives of our people that we can effectively deal with a lot. even for the united states, with the power that we have, the resources we have come we have to be doing in partnership. it is an obvious proposition to many, but it is no less important for being obvious. when it comes to climate, even if we did everything r

sec. austin: in terms of confirming whether or not this was russia that was behind this, again, the intelligence community continues to assess what happened there. i would just point, point out to you that this is a play taking -- taken out his playbook. we expect to see cyber attacks, activities, and a number of increasing rhetoric and the information space. we are beginning to see more of that. in terms of a response to the cyberattack, if someone attacks the united states of america, we will hold that element responsible or accountable in -- at this point we have not been attacked. nato elements have not been attacked. so, we will leave it at that. >> last question today goes to natalia from bloomberg. what are you? there you are. where are you? >> thank you for the question. some of these troops that we seen at rest go mask along ukraine borders have come from very far parts of russia's territory, including the far east. why do you think russia feels comfortable enough to leave that bo

yesterday we pressed sec chair gary gensler on this issue. listen to what he said. where do you draw the line, the distinction between what is a security and what is an actual currency? you know, example a. what ripple did, selling xrp to build-out its underlying blockchain network, no different than example b, ethererum floating an ico, you know, a coin offering, to help its underlying ethererum blockchain. there is no difference. >> it's pretty straightforward. raise money from the public, the basic bargain of full and fair disclosure and anti-fraud protections and you register with the government agency called the securities and exchange commission, and that's really what we're trying to do is help continue with that basic bargain where technology-neutral if people want to invest or speculate in this field then the tokens and most importantly, the platforms, the trading and lending platforms come in, register, do it within the law, not trying to skirt the law. liz: well, tomorrow documents in the case are expected to be un sealed and may get greater clarity on wh

caroline: the sec trying to get its head around that. also trying to get its head around digital assets. i'm interested how much you are seeing that becoming an area of advantage, or at least being eyed up more and more by the hedge fund community. shannon: i think it is a space people can't really ignore anymore. it has become an asset class that has become so substantial. you have 17,000 current ones with a $2 trillion market cap. investors and managers don't need to play those currencies. they are much too volatile for a lot of folks. they are looking at places and opportunities to really access a one derivative or an one -- or one step to remove, whether it is investing in public companies that are adjacent to these spaces or the 6000 private companies dealing with blockchain, digital assets, the currencies themselves, and really trying to invest more in the pix and axes rather than the currencies because of the volatility. taylor: big picture question here. what is the willingness to still continue to pay the two and 20? shannon: i

they're telling me that case against them, it's the sec essentially saying that xrp, a cryptocurrency that we use to finance the ripple infrastructure, that that was an unregistered security. that case could take a big hit here in this report depending on what the report said. the report says that bitcoin is fine, but these other ones are questionable. well then that could have an impact, and so you have to wait and see and everybody is trading all over the place on this thing. the ripple case, people are saying that this thing could be done this year just by some of the judge's motions, what the courts are allowing. net-net, ripple is coming out pretty good in terms of discovery, not perfect but they got a lot of stuff out of the sec, that the sec wanted to try to essentially keep confidential and this is stuff that ripple is trying to use to show there's a double standard that ethererum was given a free pass to allow them to do security sales and not be declared at ether, it's cryptocurrency declared a security so game planning going on, this report is going to be interesting, and a

blinken are using _ russia and now and each sec. blinken are using sharper— russia and now and each sec. blinken are using sharper rhetoric— russia and now and each sec. blinken are using sharper rhetoric about - russia and now and each sec. blinken are using sharper rhetoric about the i are using sharper rhetoric about the timing _ are using sharper rhetoric about the timing of— are using sharper rhetoric about the timing of the — are using sharper rhetoric about the timing of the invasion. _ are using sharper rhetoric about the timing of the invasion. i— are using sharper rhetoric about the timing of the invasion. i know- are using sharper rhetoric about the timing of the invasion. i know you i timing of the invasion. i know you don't want — timing of the invasion. i know you don't want to _ timing of the invasion. i know you don't want to get _ timing of the invasion. i know you don't want to get into _ timing of the invasion. i know you don't want to get into specific - don't want to get into specific intelligence _

david: yeah, we have not heard back from the sec on this either . we don't really have any more detail from either side, but if, when they are issuing an opinion for an issue that was supposed to be settled two years ago, they have to be looking for something. it's just not a good look for elon. emily: thank you so much for that update. well, the tight labor market and war for talent is impacting the biggest of giants. amazon is now more than doubling vp salaries from $160,000 to competitive. the turnover rate has reached 50 vice presidents departing in the last year. keep in mind, amazon employees also get paid in equity. coming up, joe rogan keeps giving spotify major headaches. first it was covid misinformation and now it is racial slurs. the ceo says he will not drop joe rogan from the platform. we will discuss next. this is bloomberg. ♪ emily: welcome back to "bloomerg technology." i'm emily chang in san francisco. it is going viral, more problematic content from the joe rogan experience resurfaces the pressure is mounting against spotify to

sec. gen. stoltenberg: then on the unity of the alliance. i think what we have seen over the last weeks and months is actually a very united nato where we stand together both when it comes to our diplomatic efforts, but also when it comes to the necessary military adaptation we have implemented. on the diplomatic efforts, all allies agree that we need to sit down with russia to engage in good faith in talks to try to find a political, peaceful solution to the conflict. and that's the reason why we have invited russia for meetings in the format of the nato-russia council, why i welcomed that nato allies as united kingdom, but also other allies, engaged directly with russia. secretary truss is in moscow today, and other allies have reached out, because we need a broad approach when it comes to our diplomatic efforts with russia. but this is based on a unified message, which all nato allies have agreed. we agreed a comprehensive document which we sent over to russia as our common response, as our united response to the legally binding treaties

sec. gen. stoltenberg: then on the unity of the alliance. i think what we have seen over the last weeks and months is actually a very united nato where we stand together both when it comes to our diplomatic efforts, but also when it comes to the necessary military adaptation we have implemented. on the diplomatic efforts, all allies agree that we need to sit down with russia to engage in good faith in talks to try to find a political, peaceful solution to the conflict. and that's the reason why we have invited russia for meetings in the format of the nato-russia council, why i welcomed that nato allies as united kingdom, but also other allies, engaged directly with russia. secretary truss is in moscow today, and other allies have reached out, because we need a broad approach when it comes to our diplomatic efforts with russia. but this is based on a unified message, which all nato allies have agreed. we agreed a comprehensive document which we sent over to russia as our common response, as our united response to the legally binding treaties

sec. blinken: as we meet today, the most immediate threat to peace and security is russia's looming aggression against ukraine. the stakes go far beyond ukraine . this is a moment of peril for the lives and safety of millions of people, as well as for the foundation of the united nations charter and the rules-based international order that preserves stability worldwide. this crisis directly affects every member of this council and every country in the world. because the basic principles that sustain peace and security, principles that were enshrined in the wake oftwo world wars -- of two world wars and a cold war, are under threat. the rules that another country cannot change the borders of another country by force. the rules that one country cannot dictate another's choices or policies, or with whom they will associate. the principal of national sovereignty. this is the exact kind of crisis that the united nations and specifically this security council was created to prevent. we must addr

sec., i came more to light in this pandemic than any time before. i had kids who couldn't do their homework, they behind faster and further than any part of our country. we have basically are veterans who couldn't do telehealth, we have doctors who want getting reimbursed because they couldn't do telehealth, they were doing everything by normal landmines or self-service so we had to get a waiver for them to get reimbursed for telephone health if you will. it's been many problems we had. except 258,000 west virginians without broadband access we've had estimates as high as 900,000, 50% of our population without productivity or not dependable productivity. so what steps are you taking to make sure these needs will be met and how can i help you. >> thank you, senator. okay -- okay. >> i heard you, yes. i have you clear. >> well -- i'll be on a screen. >> i think you need to mute, senator manchin. >> it's nice to see you and it's heartbreaking to listen to your talk, it's outrageous and heartbreaking. i am determined to work with you to make sure every

. >>> teslak says it got another subpoena from the sec over a tweet from elon musk. seen in a financial filing released today, the subpoena came in a poll that elon musk posted on twitter back in november. in it, he asked his followers if he should tell tempers sell 10% of his shares. the sec wants to figure out if musk and tesla are following a 2019 settlement after another of musks tweets made waves. in that a tweet the ceo wrote he could take the company private. >>> amazon is trying to entice employees with bigger paychecks. the company is more than doubling its base salary caps from 160,000 through 360,000 in the u.s. that is according to an internal announcement. that applies to only salaried corporate and tech workers, not hourly workers. they earn an average of $18 per hour. the "new york times" reports amazon has seen a rash of senior employees leave the company and cash salary-cap is far lower than other tech companies. >>> how about this? one lucky couple in wisconsin just hit the jackpot after buying a powerball ticket earlier this year. >> tam and cliff

this is part of a long-standing probe, dating back to 2018, at least on the part of the sec. authorities want to know how wall street firms, including morgan stanley, handle block trades, large enough to move the markets. now that is the key. they want to know their interaction with outside parties. goldman sachs, morgan stanley, the sec justice department have all declined to comment here, but banks have long strived to keep a lid on unregistered stock offerings. and they typically negotiate them outside of market hours. the price declines that sometimes occur before the trades have long raised concerns and some investors, it is questioned, might be possibly abusing access to confidential information now. according to dow jones, which issued a report right after the close, the investigation is specifically examining whether bankers may have improperly tipped hedge fund clients in advance of large share sales. again, there has been no comment from the banks or regulators. as we often state in these investigations, where the sec and justice issues subpoenas, the issuance of a

it's sinking in and panic is beginning to sat really how to stay there for a sec. if you can the teams to telling me about some new pictures we've just gotten . and can we roll those pictures, garza russian tanks ah, apparently coming in to lou hans ah, so yes, sorry, i'm just running through a few different things here. okay, bear. yup. the tank there waiting for it to come through. okay, so that is diff, definitive sign of russian tanks. oh, so just want to, can we take us show this pictures as well of the, of the russian president just not just really quickly. just noticing the some, some of my screens. that's the prime minister of at pakistan m ron ton is visiting with that a may put in as well, not live pictures. this is just come in monday go. so a veteran put in taking a foreign minister of prime minister in for a visit as well on the day that he has ordered a military operation in a neighboring country. lots happening there. sorry. just wanted to get all of those pictures hot abdul hamid as well with us from cram at us. tell us i, i saw one of your reports

sec. kirby: i'm reticent to get into too much russian planning. they're far better to speak to what their plans were. we think that they're a few days behind where they expected to be writ large in the country i know we're focused on kyiv now. but we think they're a few days behind where they expected to be at this point. reporter: we've provided to the ukrainians, can you broadly say how effective they've been used and how widely they've been useed? we're talking things in the news. sec. kirby: i'm going steer away from getting into battlefield analysis of the weaponry that's being used on any given day and to what effect. we know that the ukrainian armed forces are using a lot of the systems and equipment that have been provided to them, not just by the united states, but by other nations. and as i said, and you can see it for yourself, and many of your outlet, you've got reporters on the ground who are seeing it up close and personal, the ukrainians have been effective at using these we

i think it's just not worth haggling with the sec. elon is doing such a great job i mean, i totally understand mark cuban at one point us the the l l led tussled with them. he's a great man, stay focused stay focused. >> you can say the same thing to the sec, they're doing weird rule-making for fund disclosures. it's weird to me, crypto, so many things where we're still weight, we're waiting. >> and a lot of people feel she off the reservation. >> yes. >> i don't but he's real le going full force on a lot of issues >> he is, these are sophisticated investors in these funds, why has this become such an obsession >> i think i'm going to have to get to the bottom of that it doesn't make sense. >> okay. >> still feeling the fallout from credit suisse over the week about the banks and things we still don't fully understand session highs here down 128. let's go to bob pisani >> there is no confusion how the market in general. again the leaderboard on sectors. energy stocks, energy started right here a historic high and quickly came off of t

sec. i understand you have the evidence that there's more troop building more than troop withdrawaln n in russia. at the same time, i hear some skepticism in the public debate how can we trust this. how can we trust the american intelligence. what do you suggest to build more public trust and would you consider to make more evidence you have publicly available? thanks. you. >> i don't see this as a competition of narratives. i think we've been very transparent about everything that we've seenn thus far and we've shared what we now with our allies and partners and we really have done a very extensive job of making sure the allies knew what we knew as soon as possible. but i think in order to address the issues that you phrased, the solution is to continue to be transparent, to continue to talk to the american people and people around the world quite frankly and explain what we are seeing. and i think that has been very helpful thus far. we will continue to do it and we certainly endeavor to

sec. psaki: alright. steve? reporter: are you still discussing elements of the sanctions package, or is a package ready to go as soon as the invasion begins? mr. singh: i would say at this point that we are converging on the package. anyone who has worked on sanctions in the e.u. or the u.s. or anyone of our partners would say that the unity and coordination in the past few months is unlike anything we have experienced. that is the reason i say that the west is likely to emerge more unified and determined coming out of this episode than at any point in the post-cold war era. reporter: can you talk about the export control measures? how would they impact russian electronics? mr. singh: the reality is that the west, this is where innovation and entrepreneurship flourish. we produce technological inputs across a range of foundational technologies -- ai, quantum, biotech, hypersonic flight. robotics. as we and our partners move in lockstep to deny these inputs to russia's economy, putin's desire to diversify outside

and i, so come to germany appears to be facing trouble and energy sec. so what can you tell us about that? busy times at that ministry that i spoke about, the ministry of economic affairs and climate action. we've heard from one of the spokespeople the saying that there are worrying levels. that's a direct quote from the spokeswoman worrying levels of gas in germany's reserves. the talking about 35 to 36 percent jeremy current gas reserve level standing out. now until now, the message from german chancellor or la sholtes had been that germany gas supplies coming from russia, which is where the bus majority of where russia's gas applies. come from, we're assuming 55 percent of all of germany's gas comes from russia. that has risen by 15 percent since 2012. now. germany has a long term gas deal with russia and gas problem. the russian gas giant has continued to fulfill the contract that it has with germany. however, the thing is, germany's using more gas than it has with that contract. so he's trying to buy that on the market at the moment in the market. i

here, but even more so today than ever because liz claman has a huge, exclusive interview with the sec chair, gary gensler. liz, this is a major exclusive, cannot wait to hear what you have to say with him. our audience has been calling for this for a long time, so over to you. liz: yeah. and, charles, absolutely, i've been watching how you have questioned all kinds of regulation, and there is breaking news about binance. in this afternoon's news headlines, we do have binance, the world's largest crypto currency exchange, in the crosshairs according to "the wall street journal." the sec is looking into types of relationships that the head of binance if may have had with two market makers, and did not disclose that. at the moment, the world is in trust but verify mode at this hour. this morning's report the russians were pulling back from ukraine's border now refute by the nato secretary and u.s. ambassador to the united nations. secretary of state antony blinken saying moments ago he needs to see verifiable, credible and meaningful deescalation from vladimir putin's troops on the borde