you mentioned elizabeth warren as opposition. her dangerous comments from a few months ago. i am curious that if we do get a stronger pfister and we do get the three vacancies -- a stronger vice chair and the three vacancies, we might see the people are more stringent in their approach to financial markets. with that because powell to push back -- would that cause powell to push back? >> he tends to defer quite a bit. that is not to say that there is not an issue that will come up sometimes, where he will disagree vehemently. as you know, he voted against powell in the majority on any number of regulatory issues with ricoh appointments to the fed -- with three new appointments to the fed. powell may find himself on the minority side. he may choose an issue to speak upon and make it known that he does not like it. i would not expect that to be a common event. i do not think we should rule it out. sonali: going back to some of the trading restrictions that may start to occur among officials at the fed, what kind of rules do you see moving forward, or kind of questions do you e

we are walking into a world in which kevin mccarthy will say similar things to elizabeth warren. if you are looking for bizarro world, maybe we have found it, knowing richard larry to his leaving two weeks early. -- richard clarida his leaving two weeks early. we could be in a world where mccarthy and warren strike similar themes. lisa: how much is the get away from the inflation discussion which is less clear on how the fed should target? basically, our politician going -- politicians going to be asking the fed to take a more hawkish approach or is that a delicate dance given the consequences for the economy? joe: no, we will make lots of commercials today. that is partly what these hearings are for. everyone knows jay powell will be reconfirmed. that was partly why he was renominated. namely republican members will be hitting him hard, putting pressure on him about inflation. did we start tightening too late? how many hikes will be needed? was this joe's fall? this will be an airing of grievances today, even though everyone seems to know how it will end. jon: thank you. as alwa

concerns -- elizabeth warren expressed deep concerns. they want to be thoughtful in their approach to the space. there is understanding and a realization that bitcoin and other crypto networks are something that is here to stay and this is something they need to be thoughtful about. i thought there were good questions, this is a committee that unlike the senate committees, they are new to understanding this, but they understood the nuances between proof of work and proof of stake. hopefully that lays the groundwork for more education as we get into 2022. >> there was definitely more friendly banter than we heard in prior hearings. your from this ceo -- let's hear from this ceo. >> you are appropriately exploring the narrative that the demands of crypto currency will destabilize the grid and i am here to tell you that the narrative is wrong. crypto computing can be a catalyst for clean energy development which will reduce pollution and create local jobs. >> do you agree with that? >> john is absolute right. if you look today with renewabl

we heard from elizabeth warren on monday calling for more information and transparency. i think also there is the reality that when it comes to what the u.s. senate is sensitive to, there are other economic issues and on the responses to the pandemic that are going to be a bigger issue to u.s. voters. so i don't think it is that surprising that we are seeing senators focus on those issues more in yesterday's hearing, especially since powell is very likely to be confirmed. all those factors taken together starts or explain why we are not seeing this cut through more than it is. dani: perhaps in an indirect way is if it affects the makeup of the fed, and therefore makes the fed more hawkish or dovish one way or the other, could this impact what the fed looks like? >> absolutely. we know there are three open seats. powell's nomination is out there. we have this issue hanging over the fed and taking on a level of prominence. and we are going to see it continue to influence the confirmation process, i absolutely think that will be the case going forward. dani: perhaps congres

elizabeth warren up with concerns so this is a way for biden to try to appeal to the wider swath of his party when you combine his five nominees to the fed. lisa: the commentary has been scathing most none of these fed nominees will likely get through. they confuse the message at a time when the focus is on inflation. these are dovish members of does this take conversation away from biden? >> he has to message on so many different fronts. he's trying to send a message to his base. many american people are concerned about inflation. there are number of things biden is trying to address. this has been a tough week for him with losses on covid, voting rights, social policy and tax bill is halted. we are almost not hearing leaders in washington talk about that. seems many things he was pushing for, the doors are shutting in his face he's looking for ways to continue moves -- moving his administration forward. this will be a very tough midterm for democrats. lisa: they say consensusbuilding no longer works in washington, d.c. emily: biden will talk more about the infrastructure bill. you hav

out a -- about a year ago, notably on the senate side in the senate banking committee, elizabeth warren expressed deep concerns. i think the message has gotten out to members of congress that they want to be thoughtful in their approach to the space. i think that there is an understanding and a realization that bitcoin and other crypto networks are something that is here to stay and this is something they need to be thoughtful about. i thought there were good questions. this is a committee that unlike the financial services committee or the senate banking committee, they are new to understanding this, but they understood the nuances between proof of work and proof of stake. i was heartened by the hearing, and hopefully that lays the groundwork for more education as we get into 2022. emily: there was definitely more friendly banter than we heard in prior hearings involving the tech injury. this and in. -- listen in. >> you are appropriately exploring the narrative that the demands of crypto currency will destabilize the grid and i am here to tell you that the narrative is wrong. crypto c

biden is giving progressive senators like elizabeth warren a win. hong kong will require people to have at least one covid-19 vaccine shot to enter restaurants and public leisure facilities starting in late february. the government is pushing back its plans until -- elizabeth holmes found guilty for her role in the collapse of the start of sarah knows. -- start of theranos. she is expected to appeal her conviction. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. ♪ >> if they are shutting down cities, you're going to have this spike and pullback, the kind we felt in the united states. suddenly you get back in china, and that means we are going to continue to have supply chain challenges across the world in 2022. it also means inflation has the ability to persist longer than you otherwise would have expected. jonathan: ian bremmer, president of eurasia group. from new york city, alongside tom keene and lisa abramowicz, i

warren a win. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. guy: thank you very much, indeed. earlier today, we get french inflation data. it comes through a little bit lighter than anticipated. moments ago, the bank of france governor speaking online on an online video, saying, "inflation close to a peak in france and in the euro area." how much policy divergence are going to see this year? is the bank of france governor correct? mark dowding, bluebay asset management cio, joining us now. do you agree with that sentiment from the bank of france? are we close to a peak in the euro zone? mark: yes, i would agree with the sentiment that we should be close to a peak in terms of the monthly numbers here. in the context of france, the numbers were quite well behaved, but we saw inflation in spain above 6.5%, so within the context of the euro zone, we still have inflation w

warren, who we know was supportive of this nomination. jonathan: was that another airtime? that is all we need to know. annmarie: we did not talk about djokovic. jonathan: do you want to talk about him now? annmarie: he was denied for a second time, and i think in tennis that is called a double fault. but we don't know where he does next, what happens. does he just go to the airport and leave, or as he owing to continue to fight this out? tom: seriously, it is done? jonathan: the minister has made the decision, but there's kind of this who knows vibe to this now. does he appeal again? is there another hearing? he's got a game to play monday. we will see if he shows up for it. great work as always. coming up, the brilliant seth carpenter of morgan stanley on this economy, with retail sales one hour in five minutes away, and some citi earnings to get your teeth into as well. good morning to you all. this is bloomberg. ♪ and there you have it. woah. wireless on the most reliable network nationwide. wow. big deal. we get unlimited for just

annmarie: the likes of elizabeth warren, already she called him a dangerous man. she will continue the path in light of the new trades or transactions she pulled out and decided to go another direction, which even the from her treasury secretary larry summers says is inconceivable. so you can imagine lot of ethics are going to be laid at the chairman today, as well as the topic of inflation. they want to know what the fed is going to do to temper inflation as he is going to be renominated because we all know he is going to get through the senate. a lot of this is going to be a little bit of a show, but there are a lot of questions right now around the capitol regarding ethics and inflation, the hot button issue this year and last year as well. tom: "the washington post" does the inflation sum here. i get the senator from massachusetts's messaging for the chosen few on the progressive left. what is the messaging of chair powell today? who is he speaking for? annmarie: i think he's going to be speaking for the entire fed. we are still waiting for what the fed is exa

alix: that is in some ways why senator elizabeth warren was going after private equity and their investment in the housing markets in the u.s. for that reason, that they are gobbling up all of these assets and then they are going to control rental inflation, and she is going after them because of that. that is a sticky thing. guy: and that is also probably likely to lead to wage price increases, and that is something the fed is going to want to pay attention to, and it is also likely to persuade people, and expectations are so important in all of this, that inflation is going to persist as well if they say that happening. so those expectations could become embedded. alix: exactly, and therein lies the dilemma. guy: we are waiting for the president, waiting for the european market close. the european market closes going to happen in around three and a half minutes. the dax is down, the cac is down. some of the metals lifting the london market, though. the close is next. this is bloomberg. ♪ ♪ and there you have it. woah. wireless on the most reliable network nationwide. wow. big deal. we

elizabeth warren has been hard on fed officials on this point, even before real investigations, she is saying they are guilty of insider trading. she is happy he resigned, after this public outrage. in terms of what this means for fed policy, after jay powell's confirmation hearing, it's on thursday when she faces the senate banking committee for the same kind of hearing. she is a card-carrying democrat. more aggressive hikes to fight inflation. that seems like everyone -- something everyone in washington is waiting to hear. rishaad: kathleen hays, our global economics and policy editor. let's bring in our cross asset asia editor. reporter: what kathleen is talking about is being played out in asia. we are seeing a very choppy market with indexes bouncing around. everyone is probably on the same page, inflation is going to remain elevated. we are seeing traders price and more rate increases from the fed. we have cpi numbers. they are probably most likely going to build the case for rate increases. that is what we are seeing at the moment. is this market trying to work out exactly where

. >>> elizabeth warren criticizing the company's calls for assistant ag jonathan cantor's recusal. in an antitrust activities related to google, writing, quote, the company's attempts to force mr. cantor off current and future cases is misguided and reflects what appears to be a willful misunderstanding and misrepresentation of federal ethics mandates. your efforts to sideline key federal regulators by facebook and amazon simply serve as further evidence that you will go to all lengths to ward off necessary scrutiny of your immense market power you can read more about that on cnbc.com, john remarkable back and forth not just between google and the hill, but facebook as she mentioned and some others. >> everybody hates big tech, but they just hate them in different ways for different reasons, d. all of that hate hasn't yet crystallized into actually hurting the companies. not saying that i'm looking to jinx that for anybody. you never know what's going to happen, but it's '22 there are midterms coming up >> lawmakers users are a different story here, but this is a tactic, carl, that

strangely, elizabeth warren seems to have been in your corner as well give me your reaction to that and why do you feel that deal would have been anticompetitive? >> there are really only two rocket motor providers in the country we all rely on at, orbital atk was one. they were acquired a couple of years ago. and the other was aerojet rocket and having a strategic supplier like that owned by our biggest competitor we thought would be problematic. even with a consent decree, it's still a problem in terms of who gets the supply when there's a shortage the company that owns you or the other company that you have to supply in the marketplace? so again, we understand the difficulty of getting deals done today in the defense space probably further consolidation not on the table in the near term but we fully believe that the ftc's decision is exactly right. having an independent supplier of a key component, which is rocket motors, absolutely essential to providing a level playing field for all of us out there in the defense space >> does it set us back in terms of hyper sonic and our competit

warren in the last couple of days, she is talking about how this will impact workers that is something that will be a big focus in the merger guidelines at the department of justice and federal trade commission start to release in late march >> i was stunned to see activision trading at such a discount to the $95 deal price, probably one of the biggest i can remember that a deal that the only reason anyone could come up with it not clearing is because of its size. >> correct >> you know, i didn't hear a lot of figures cited with microsoft's share in the gaming market there's activision, as you can see, still not moving much from when the deal was announced. what would you tell investors here should -- i mean if it takes a couple of years for microsoft to close this deal or it doesn't get closed, what will be the fall-out from all of this? >> you hit the important points. you will have widespread because of uncertainty and microsoft guided that this will take a year, year and a half to get through. why would i want to sit there on a 15% spread and waste my capital on that now? as you ge

democratic senator elizabeth warren says she plans to vote against him and in a letter to powell yesterday, she accused the fed of a deep-rooted ethics failure, following new questions about vice chairman stock trade. we saw that letter came out in the morning. at the end of the day, clarida will be stepping down. white house press secretary jane jen psaki was asked about this move >> all agencies should be held to the highest ethical standards, including the suggestions of conflicts of interest >> reporter: now in his written testimony, powell pledged to make decisions as fed chair with integrity and impartiality he made no mention of rate hikes or asset purchases and he spent almost as much talking about the fed's mission and responsibility to congress as he did no cushion on monetary policy and on the economy. back over to you. >> elan, he is stepping aside, leaving this friday, a few weeks earlier because of all those controversial issues around trades that he made back in february of 2020 originally we knew about the move to buy market securities right before the fed made its move and

warren will not vote for powell but he is likely to enjoy bipartisan support of a second term adds chair and confirmed the first time 84-13 and likely to see republicans vote for him again this time. >> right. >> it doesn't sound like he goes specific -- sorry. did he mention interest rate hikes? doesn't sound like he gets into the specific tool kit. >> he doesn't. his testimony was very broad certainly had the feel of an overview of first four years and looking ahead and doesn't talk about interest rate hikes in particular though i manage that will come up during the q&a tomorrow. >> didn't mean to step over you. >> no. absolutely just interesting that he presents the inflation fighting job in a populous light saying this this is a burden on people who have a hard time paying the bills whereas before he sought cover for staying easy saying we have to maximum employment i guess this is gearing up for the likely questions and pushback to get in congress. >> yeah. i think this is a case of know your audience and who you're talking to before a political arena and so he's more likely to emph

warren has raise concerns about banking regulations and ethics rules and another says he hasn't done enough on climate change and might lose marquee, who recently blasted powell as failing to lead on the issue that means he will need republican support and he's probably going to get it the overwhelmingly vote was 84-13. but gop senators still have tough questions. the ranking republican on the committee, pat to meany is worried about fed, especially in areas like racial justice. powell has been very up front about making frequent meetings with lawmaker as priority during his first term as chairman says that's a way to earn lawmaker's trust and extremely important when the fed must take extraordinary action in times of crisis >> that will likely serve him as we see the hearing play out on the hill today i have to feeling we're going to see you again shortly. don't go too far and we'll see you. sig nothingaling what a second term could mean for stocks as you can see under selling pressure, ahead of the comments and the q and a. we're joined by charles schwab, chief investment strategis

the contracts have fewer restrictions, but politicians like elizabeth warren is talking about this with natural gas prices which risen 92% in the last year. in europe, time is of the essence. the continent's gas storage capacity covers 20% of the consumption. at the current levels, there is enough gas for six weeks u.s. intelligence suggested invasion by vladimir putin could happen between now and mid-february andrew >> when you talk to folks in the administration, what influence do they have over this conversation or not? >> reporter: i mean, i think they have some influence here, andrew they said already since the beginning of 2022, there have been some ships, lng cargo ships they have redirected to the lng terminals. the satellite data shows that is happening. the question is a matter of volume is there enough gas available on the world's stage that is not already promised in a contract to another buyer which could fulfill the ckconsumption needsf europe that is something we don't have an answer on and we will keep pressing for an answer there is still a hope, but a mauler and smalle

. >> it's not the first time i heard someone blame corporations senator elizabeth warren said the reason you can see it is because these corporations are all raising prices, that's why we have inflation. that's not wrong corporations are raising prices, that is causing inflation. >> we went through thanksgiving, we went through christmas. this is the reason the public is soage tatd these two things are important the things that happen in our day-to-day lives, a reminder to your viewers it's not just about politics it's not just about ideology it's what we experience in our lives. we're looking at this so-called great resignation. we're analyzing why the work force is so anxious and changing everything apt their lives we did this focus group. these two focus groups abby eisen ohio you whoer set this up, employees are looking alt their bosses, number one, why don't they talk about tear every day lives, two, focus on things that employees connect to and relate to number three, if you are going to have these conversations, make sure that everyone is engaged and seven involved i watched the p

what should we make of the metaverse, a blip on the radar or investing opportunity of a life time. >>> warren buffett's apple stake topping 162 billion. timeline of that trade is coming up next. >>> we're obviously watching tech stocks losses in the nasdaq pi piling up today as the s&p, jon, joins it in the red. >> yeah. but first, some news getting breaking amd, slate of new products, chips, more than 20 new cpus designed for notebooks got some new gaming products as well. a lot of design wins here. more than 200, topping last year's design wins meaning that these chips are going, planning to be put into oem, customer laptops. we're going to speak with amd ceo lisa su about all of this in just a few minutes as well as the pc outlook for consumers and for businesses in 2022, deirdre. consumer electronic shows where we were originally planning to have this conversation, but, hey, we're still having it it's consumer electronics week here on "techcheck." >> we are. we're just not in vegas, jon i know you were supposed to be there on the ground as were many, many others. likely the first of a few

warren and bernie sanders would be such great allies. i don't grom that side of the party, terrific. he should have left bernie's name out of it. he has to get back to the sense that he's middle class joe and middle america joe. it's not so much left/right but it was up/down. music to my years. the white house should take the clip of what hilary said before me and make that the playbook for the next year, but it's that up-down kind of economic populism where biden is so strong and that's where he needs to be. >> we have a lot of conversations in washington about process and internal party friction because that's what we do. covid is the dominating issue in the country, and if you look at right tracks wrong track. the right track has barely budged in the year of the biden presidency and the wrong track has gone up six points. that's because of covid exhalves, whether it's about schools, economics or health. what can the president do about that? >> first, he can talk about it, right? i think he didn't spend mere nearly enough time yesterda

warren have said. there's been a suggestion that they would support primaries. democratic opponents in arizona and west virginia against these two senators. how does president biden feel about the possibility of democratic primary opponents for those senators? >> well, i'll tell you from my position here at the white house, john, i leave the politics to you all and to the pundits and to others. here at the white house, we are focus used on deliver for the american people and delivering results. i am not really at liberty to talk about politics from my position here. >> the president is, right? do you expect he has an opinion on it? >> reporter: if the president has an opinion on it, he will certainly share it when he's asked about it. >> one of the things that has not gone the way the president has hoped is passing the build back better agenda. joe manchin standing in the way of that. it has not passed yet, right? it has not passed yet, right? manchin said he won't vote for it as-is. how supportive wou

. >>> exactly a year ago senator elizabeth warren said why progressives are excited for the biden administration. >> he acknowledges right up front we're in the middle of a pandemic and economic crisis, we have just suffered through an insurrection and we are in the heart of a racial reckoning. and president biden is saying he's ready to go and that's exactly the right approach. >> he did provide proi priorities like a bigger tax credit and payments to families but most priorities from a minimize wage hike to police reform do remain unfulfilled so a year ago progressives were excited and willing to give biden the benefit of the doubt about what he would be up to in his first year, what do you think the mood is right now? >> i think the mood is exasperation and resignation to an idea this is not going to be the first couple years in which the kind of fulfillment of progressives dreams comes to fruition and you might say that will never happen because president biden isn't on that side of the spectrum but there was real hope around that, particularly around that time with senator warren, after tha

she's an immigration lawyer and has powerful endorsements in her corner including senator warren, elizabeth warren from massachusetts, planned parenthood. >> emily's list. >> emily's list, the list goes on and on. this could be a big issue, a last minute issue for him in his campaign. he's been in congress for a very long time so this is going to be a race to watch. >> melanie, appreciate it. a reminder don't miss full circle our digital news show that gives us a chance to have in-depth conversations and check it streaming live at 6:00 p.m. eastern on monday, wednesdays and fridays and watch it any time on demand. >>> up next as the biden administration works to overcome major blows, could there be staff changes? we'll look at what could be coming when "360" continues. you a lollipop... like then i give you our best lollipop. that's not fair. at at&t we think it's only fair that all customers get our best deals... ...and you get a choice of plans. she said everyone? it's not complicated. only at&t gives both new & existing customers our same best deals, like up to $800 off our most popular

she's an immigration lawyer and has powerful endorsements in her corner including senator warren, elizabeth warren from massachusetts -- >> emily's list. >> emily's list, the list goes on and on. this could be a big issue, a last minute issue for him in his campaign. he's been in congress for a very long time so this is going to be a race to watch. >> melanie, appreciate it. a reminder don't miss full circle our digital news show that gives us a chance to have in-depth conversations and check it streaming live at 6:00 p.m. eastern on monday, wednesdays and fridays and watch it any time on demand. >>> up next as the biden administration works to overcome major blows, could there be staff changes? we'll look at what could be coming when 360 continues. it's hard to picture the future when you're not sure how to get there. it's more like...a feeling. a free plan from fidelity can help you prioritize the moments that are important to you. and see them alongside your full financial picture. the big ones. the ones that really matter. balance your investment mix, stay on track, and make changes...

in elizabeth warren's home state in massachusetts, even further pipeline infrastructure challenges, gas prices are $20, and now we look international. gas prices are over $30, so it's not about the resource and our ability to help. it's about getting connected to this infrastructure that we critically need, and it's all things that we've done before. we just need some more cooperation to build this infrastructure that not only the u.s. need to lower energy prices here in the united states, but also provide energy security to the world. >> and to europe, right, which right now is looking at the u.s. and qatar, and nobody seems to have any extra gas. thank you, toby, i appreciate your time. >> you got it. >>> who will president biden pick to replace justice stephen breyer. >>> plus, why a group of lawyers with comments like this will disqualify some republicans from running for reelection. >> the democrats with all the fraud they have done in this election, the republicans hiding and not fighting, they are trying to silence your voice. >> and the fed preparing to take a major step to tame

but to consumer financial protection bureau, the brainchild of elizabeth warren, went for more than two years without a leader because republicans refused to accept the law of the land, because they wanted to rollback a law that protects consumers from the greed of wall street. so i say to my republican colleagues, you don't have to like the laws of the land, but you do have to respect those laws and acknowledge them and abide by them. obstruction continued unabated for seven more months until democrats threatened to change senate rules to allow for votes on executive nominations. in july, after obstructing dozens of executive nominees for months and some for years, republicans once again promised they would end the unprecedented obstruction. one look at the senate's executive calendar shows nothing has changed since july. republicans have consider the record of obstruction. republicans continued their record of obstruction as if no agreement had been reached. there are currently 75 exec it of branch nominations ready to be confirmed -- executive branch nominations ready to be confirmed

rebecca is a democratic strategist and former advisor to the elizabeth warren it campaign and the congressional campaign to me. adam has served and worked on hundreds of campaigns to his career. he is a republican strategist. welcome to washington journal. let's start off by asking each of you about the strengths and weaknesses of the parties. rebecca, we will start with you. guest: i think the democrats are excited to expand and build upon our majorities in the house and senate. i think that when voters get to the ballot box.

reporter: and then just on the fed issue, elizabeth warren has spoken out about reports that the indicate that the governor made some purchases and sales and is calling for greater transparency is this an issue the president is engaged on? and do you think it's time for a kind of a more serious look at what the rules are that govern the federal reserve actions? jen: the president deeply respect the federal reserve and won't comment on recent developments. i can say broadly speaking the president believes all government agencies and officials including the federal reserve and independent agencies should be held to the hiergest ethical standards including the avoidance of any suggestions of conflicts of interest. the fed is obviously an independent agency as i stated a few times. it has its own rules and requirements including new rules to address conflicts. so we defer to that agency about any specific followups. reporter: just to follow up on the issue, on that issue with the feds. i understand it's an independent agency but if an independent agency official and the independent agency are

rebecca is a democratic strategist and former advisor to the elizabeth warren it campaign and the congressional campaign to me. adam has served and worked on hundreds of campaigns to his career. he is a republican strategist. welcome to washington journal. let's start off by asking each of you about the strengths and weaknesses of the parties. rebecca, we will start with you. guest: i think the democrats are excited to expand and build upon our majorities in the house and senate. i think that when voters get to the ballot box. unemployment is at its lowest rate since 1969. i think that there are a lot of different ways we can provide this contrast, tickly on covid and health care which is in the forefront of people's minds. host: do you see areas democrats have to improve in? guest: i think it's still early. remember where we were a year ago without vaccines or when we might come out of the pandemic. a lot can change. i don't think the future is written yet. i'm very excited, we will get to put a lot of host: the republicans going into 20 2022, strengths and weaknesses? guest: i want to hit the

rebecca is a democratic strategist and former advisor to the elizabeth warren it campaign and

rebecca is a democratic strategist and former advisor to the elizabeth warren it campaign and the congressional campaign to me. adam has served and worked on hundreds of campaigns to his career. he is a republican strategist. welcome to washington journal. let's start off by asking each of you about the strengths and weaknesses of the parties. rebecca, we will start with you. guest: i think the democrats are excited to expand and build upon our majorities in the house and senate. i think that when voters get to the ballot box. unemployment is at its lowest rate since 1969. i think that there are a lot of different ways we can provide this contrast, tickly on covid and health care which is in the forefront of people's minds. host: do you see areas democrats have to improve in? guest: i think it's still early. remember where we were a year ago without vaccines or when we might come out of the pandemic. a lot can change. i don't think the future is written yet. i'm very excited, we will get to put a lot of host: the republicans going into 20 2022, strengths and weaknesses? guest: i want to hit the

rebecca is a democratic strategist and former advisor to the elizabeth warren it campaign and the congressional campaign to me. adam has served and worked on hundreds of campaigns to his career. he is a republican strategist. welcome to washington journal. let's start off by asking each of you about the strengths and weaknesses of the parties. rebecca, we will start with you. guest: i think the democrats are excited to expand and build upon our majorities in the house and senate. i think that when voters get to the ballot box. unemployment is at its lowest rate since 1969. i think that there are a lot of different ways we can provide this contrast, tickly on covid and health care which is in the forefront of people's minds. host: do you see areas democrats have to improve in? guest: i think it's still early. remember where we were a year ago without vaccines or when we might come out of the pandemic. a lot can change. i don't think the future is written yet. i'm very excited, we will get to put a lot of host: the republicans going into 20 2022, strengths and weaknesses? guest: i want to hit the

senator elizabeth warren told the washington examiner and i quote, i do not believe in solitary confinement for extended period of time for anyone". the aclu has objected to the treatment of generally six defendants tammy greg deputy director of the acl national project of the washington examiner quote for long solitary confinement is torture uncertain should not be used as a punitive tool to intimidate or extract corporations. however it does not start or stop with solitary confinement a patient the chairwoman's comments about healthcare, and the prison system. and what we have seen is that individuals that need healthcare have been denied that healthcare. i won't mention a little bit more in a minute. what is interesting about the pretrial attention as most of the individuals that are in the situation have had no contact with the criminal justice system previously. we do not pose a flight risk. they meet all federal guidelines for pretrial release had been denied that release. they have been forced into rooms of human feces on the walls. one defendant was subjected to a strip search after

senator warren: ok so this is not going to work. this woman might have to consider working if she's able in order to be able to make ends meet. remember as an s.s.i. recipient she is elderly or disabled or caring for a kiss abled child. she may not be able to work. say she's conferring it. she's considering working. this household, given restrictive s.s.i. rules would you advice her to go to work? >> every situation is different obviously but i think i would make the person aware of the amount she'd be allowed to earn which is a very small amount and maybe start rooking for other benefits and things that are available to her that she may not be aware of. but obviously you cannot earn, i think what it is is less than $775 a month would be -- less than $75 a month would be the average. senator warren: here she is, based on the average benefit, she's at half the poverty level, right. she's below the poverty line. and the most she can earn before she starts losing benefits is, you're telling me, $75 a month, right? ok. so let's say she'

and now democratic senator elizabeth warren of massachusetts discusses,er

and now senator elizabeth warren hello, miami book festival. i am so sorry that i'm not able to join everyone in person, but i'm glad we're going to get a chance at least to connect by video. so i'm here to talk about my new children's book called pinky promises, and i thought i'd start by just telling you a little bit about where this book came from and then i'm going to take a few questions on this. so this book really started when i ran for senate for the very first time back in 2011 now. i've been a teacher all my life had no intention of ever running for public office. but this was a moment when i been down in washington helped out during the financial crash helped set up the consumer financial protection. bureau didn't get confirmed to lead it sent back to massachusetts, and i'm getting ready to start teaching school. and there's going to be a senate race the next year and frankly. i just don't like how the republican who was representing massachusetts at the time voted. so i looked around realized i didn't think there's anybody who was r

and now senator elizabeth warren hello, miami book festival. i am so sorry that i'm not able to join everyone in person, but i'm glad we're going to get

. >> a number of lawmakers sent a letter to the white house including chuck schumer and elizabeth warren asking the white house to move the memo that the education department put together looking at the legal authority to cancel student loan debt. i wondered do you have a response to that? >> let me first say no one has been required to pay a single dime and federal student loans since the president took office over a year ago and i will also add to the country is seeing one of the strongest economic recoveries in history and announced in december to give cesome breathing room for severl months for those who are still coping with of the pandemic. the education department will continue to work to ensure a smooth transition to repayment and i would reiterate the president supports congress and members who sent the letter and others defending him,tt a bill that would provide $10,000 in debt relief and he continues to look into what debt relief actions can be taken administratively. i would also note in terms of loans that have been forgiven since the president took office beyond the paws on

with elizabeth warren and bernie sanders the democratic rejected elizabeth warren and bernie sanders and and kamala harris because they were too liberal. they nominated the 78 year old guy. for two reasons he was in the middle and they wanted to beat trump. and they knew those other ones couldn't. so i don't understand why this is so complicated. i really don't and maybe i'm just getting too old. and i've seen too much. but it's pretty simple on how to try to govern and win this country. and winning is the hardest part but once you get there. whether it's the power of a governorship. or the power of the presidency you have the ability. to be able to bring people together. you just have to decide to do it. and i'm disappointed that trump didn't. disappointed that biden isn't and i think the american people said the pretty clear signal in 2020. they're probably gonna have to send send it again in 2024. that we want someone who is going to bring the country together. tired of being divided tired of not being able to go to a cocktail party and have a conversation about politics. we're ti