This is what you need to know:.
11:00 a.m. Eastern, Ruth Porat, Alphabet and Google C.F.O. will discuss the management of a technical giant in 2020 and the future of remote operations.
That’s what really bothers me. Where are the other Republicans? We’ve all been misled by the thought that Donald Trump won’t put anyone’s interests above his. But Republicans who don’t mention him are dangerous. And this isn’t a game. People all over the world are watching who would hurt us. They’re monitoring the delay in the transition. The pandemic’s getting out of hand. In a week there were almost a million new cases. And the trump is the trump, and the Republicans give authority in the House and the Senate. And it’s outrageous. And it’s dangerous.
Credit-credit-credit-credit… The New York Times.
On Tuesday, Senator Elizabeth Warren called on the new Biden administration to use all means at its disposal to promote democratic priorities – even though the party has lost seats in the House of Representatives and still runs the risk of not winning a seat in the Senate.
President-elect Joseph R. Biden, Jr. and Vice President-elect Kamala Harris won the most progressive platform ever in a U.S. general election, said Senator Andrew Ross Sorkin of DealBook. She cited several unsuccessful victories and called on Florida’s vote to raise minimum wage and Arizona’s vote to raise taxes on higher incomes to fund education.
They say the election is Joe Biden’s and Kamala Harris’ mandate for what we can do. She insisted on the cancellation of the student loan debts and called this the most important stimulus we can give to the economy. Warren, a Democrat from Massachusetts, also appealed to the new government to invest in childcare – because we can do that – and to raise the minimum wage for state contractors to $15 an hour.
She said Biden’s promise not to tax those who make less than $400,000 a year makes sense.
In order to achieve the objectives of the Democrats, Senator Warren Biden called for the use of all instruments – and by that I mean all instruments of their management, which, according to her, include both implementing decrees and measures at departmental level.
Mrs Warren, who had been appointed as a potential secretary in the Ministry of Finance, refused to comment on her wish to work in the administration. However, she stated that she believed that human resources policy was a policy.
I think it is very important that there are people in this government who understand the extent of the health crisis we are facing, who understand the extent of the economic crisis – that is what lies behind this health crisis. And who has the real ambition to make the federal government work for the people it now meets.
Mrs Warren pointed out that there may be a place on the Wall Street board – although there has been a lively debate about the limits of the financial role in democratic governance over the next four years.
Don’t forget I hired people with Wall Street backgrounds when I founded the Financial Consumer Protection Authority, she says. The question is this: What does your team look like in general? It is important to have a team that offers many different perspectives.
He also expressed concern about the transition process as President Trump refused to accept the election results and tried to challenge them in court.
Republicans who don’t call her are dangerous, she said. It’s not a game. People all over the world, the people who hurt us, are watching.
Note on programming : The video footage of Senator Warren’s meeting will be released at 10:00. Is and was placed here shortly after.
On the second day of the DealBook Online Summit, we hear from other business, political and cultural leaders about global economic challenges, innovation in the age of large-scale technology and the role of business in the fight against racial inequality.
Here is the composition (always oriental):
From 9:15 to 10:00.
Jamie Diamon from JPMorgan Chase
The head of the country’s largest bank will talk about the huge challenges facing the economy and what needs to be done to unite the United States.
10:00 to 10:30.
Senator Elizabeth Warren
Warren, one of the most prominent progressive figures in the Senate with experience in aggressive attempts to curb Wall Street, discusses post election prospects at the interface between business and politics. Pay attention: Due to technical problems, the meeting was postponed yesterday.
11:30 – 11:30.
Ruth Porat of the alphabet and Google
The CFO of the research giant will discuss the prospects of high-tech in 2020, the future of teleworking and how to navigate internal and external policy debates.
12pm – 12:40pm
Tim Sweeney of Epic Games
The founder of Fortnite will explain the future of interactivity and the struggle to innovate in competition with larger competitors.
2:00 in the afternoon is 3:00 in the afternoon.
Rapper and activist Killer Mike, Robert Smith of Vista Equity Partners and Ursula Burns, former director of Xerox.
This group of business and cultural leaders will discuss the business community’s commitment to racial equality and how business leaders can create long-term benefits for underprivileged communities.
4:00 – 4:30 minutes.
LeBron James and Sherrylene Eagle of the NAAPP Legal Defence and Education Foundation NAAPP
N.B.A.-Star and a civil rights leader discuss James’ recent election and Over Vote Campaign, which opened stadiums as an election venue for the first time, making voting more accessible.
On the first day of the DealBook Online Summit, stakeholders had something to say. Here are the highlights:
We are all in the same boat
Dr. Anthony Fauci, a leading U.S. expert on infectious diseases, said the pandemic was a long-term nightmare and called for a non-political national approach to public health. I’m going to do my best to make the people of this country understand that we’re all in this country together, he said. We have to get out of here together.
I can learn from my mistakes.
Masayoshi Song, founder and CEO of SoftBank, has won billions of dollars in betting over the years, but he wasn’t afraid to talk about his few biggest mistakes. Specifically, he waived the option to buy 30% of Amazon before the company became operational and invested billions in WeWork. I prefer to accept my stupidity and ignorance, my bad decisions, so that I can learn from my mistakes, he said.
This may be important for the President, but not for us.
During the discussion, Albert Burla, executive director of Pfizer, said that announcing a vaccine for an election is always an artificial deadline, and he said President Trump doesn’t push it when the time is right. Referring to widespread opposition to public health measures in the United States, Bill Gates said he didn’t expect the masks to become controversial and blamed the Trump government. Heidi Larson, director of the Vaccine Trust Project, said there is strong opposition to the idea of control when it comes to following public health advice, especially in these hyperbaric times.
For more details about yesterday’s session, see our live briefing.
DealBook’s daily newsletter helps keep subscribers up to date with the latest business and political news. Here are some of the stories in today’s issue:
Pfizer is releasing the final test results of the vaccine for Covid-19. The pharmaceutical company announced today that its treatment is 95% effective and has no serious side effects two weeks after initial results suggest coronavirus vaccines. Pfizer said it plans to ask the F.D.A. for emergency approval in the coming days and could have enough doses for 25 million people by the end of the year.
Apple halves small development costs for the App Store. The company announced that it will charge a 15% commission on application sales by developers who contributed $1 million or less last year. Apple has been accused of abusing its control of the App Store by developers such as Epic Games – whose CEO, Tim Sweeney, is speaking today at the DealBook Online Summit (we’ll be sure to ask him about this).
Dolly Parton, Covid-19 vaccine investor. The singer was praised for funding the research that led to the development of the coronavirus vaccine Moderna, which the company said was 95% effective this week. The story’s on the back: She donated $1 million to Vanderbilt, which helped fund research into early treatment. Now try to sing the vaccine to the tune of Jolenes.
Elsewhere in the bulletin, DealBook reporters explained why Judy Shelton’s appointment to the Federal Reserve failed again; what Mars considers the creator of the Good Bars is buying it for $5 billion; and how Mark Zuckerberg on Facebook and Jack Dorsey on Twitter survived the Senate marathon when he heard about a bill protecting them from liability for what their users, including President Trump, post on their platforms.