lisa: transportation secretary pete buttigieg speaking on the importance of an infrastructure plan. that was the message from joe biden at his first press conference as president of the united states. this next conversation, i love this. we have been having a series of candidates for new york city mayor talk about what they will do. this is important for the city of new york but it comes in a pivotal time for big cities across the world. we have situations where the potomac has shout -- where the pandemic has challenged them. joining us is my a wily, democratic candidate -- maya wil ey. democratic candidate. i want to start with your experience working as a counsel to mayor de blasio. i wonder, heading into this election, is it a benefit or a good track your? how do you plan to use how he has handled the pandemic in order to inform your campaign? maya: thank you for having me. let me start by saying, i stand on my own two feet. this woman has done that as an activist and advocate, a civil rights lawyer for 25 years before i went into city hall in 2014. i was grateful for the idea --

jonathan: pete buttigieg, the secretary of transportation on the need for infrastructure investment. from new york city, good morning. alongside tom keene and lisa abramowicz we are counting down. chairman powell tomorrow. adp report this morning. a better america, that the outlook anyway paid futures up 20 with about a half of 1%. the euro just a little bit weaker. a brief break. tom: talk about the euro. jonathan: i will talk about the euro. i'm talking about the euro. the bond market in europe as well. it's hard to reconcile the governor speeches we've seen publicly, of the comments publicly from ecb officials and what seems to be happening behind the scenes. and frank for reporting this morning maybe the ecb does not see the urgency to step in. looking at the data last week it did not look like they would list their bond purchases either when things have started to rollover. it's hard to reconcile public comments with what's happening. tom: i'm looking at the swiss 20 year piece and it won't go up in yield. the markets helping the ecb get beyond this. >> since thursday things hav

transportation secretary pete buttigieg ruled out plans to increase the federal gas tax or charge drivers a fee based on miles driven. the problem is that the federal fund that pays for roadways and transit system is funded by the gas tax, and that currently runs at a deficit. shares of the chinese parent of tiktok trading at a valuation of more than $215 billion. bytedance's value has surged in recent weeks. investors have gained confidence in the business, and the founder has weight options for an ipo. paypal has ruled out a cryptocurrency check out feature in the u.s. starting today. customers with cryptocurrencies in their paypal while it's will be able to use them on paypal merchants. lisa recently said it would -- visa said it would recently use cryptocurrencies on its network. 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. ♪ ♪ pres. biden: the war against covid-19 is far from won. this is deadly serious. dr. walensky, the head of the center for dis

jonathan: pete buttigieg, u.s. secretary of transportation, speaking to kevin cirilli on "sound on" on bloomberg radio. alongside tom keene, lisa abramowicz, i'm jonathan ferro. here's your market this monday morning, up 40 on the s&p. we advance a little more than 1%. thursday, your high -- the 10-year, thursday, your high 1.61%. right now, 1.43%. royal caribbean commencing a $1.5 billion proposed offering of stock. tom: what of the airlines doing? that's what i don't understand. jonathan: you bring up this story, and i think it is important. what was gamestop doing? it was a big conversation over the last couple of weeks. why didn't they do something similar and take advantage of the rally to raise some capital, raise some money? tom: amc, i believe, did it. jonathan: they did, yeah. tom: they are gyrating around. let's go to kevin cirilli, our chief washington correspondent. i want to go to what i saw this weekend, which is the stimulus coming up with the senate, a president of the united states looking for new

here is pete buttigieg. >> the president has made a commitment that this administration will not raise taxes on people making less than $40,000 a year, so that rules out. ritika: buttigieg spoke to kevin cirilli. andrew cuomo has gone from being called america's governor to facing multiple scandals. he now faces an investigation over allegations of sexual harassment. he has also been hurt by revelation his administration hid the number of people who died from the coronavirus in nursing homes. netflix and walt disney were the big winners at last night's golden globe awards. disney grabs the top award for best dramatic picture for nomadland. netflix especially dominated in television with the crown and the queen's gambit. 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. this is bloomberg. ♪ >> we have to get away from that train of thought for the following reason. the only way you really and know the difference between vaccines -- you really know the facts -- difference between vaccines is com

transportation secretary pete buttigieg ruled out plans to increase the federal gas tax or charge drivers a fee on miles driven. the problem is the federal fund that paves the roadways in transit system is funded by the gas tax. it currently runs at a deficit. shares of the chinese parent of tiktok are trading at evaluation -- a valuation of more than $250 billion in the market. bloomberg learned the value has surged in recent weeks. investors gain confidence in the business. the founder has weighed options for an ipo. a food delivery start is likely to pressure has the marketed range. we looked at investors and nervous markets and they have been weighing in on london's biggest listing this year. the sale would raise $2.1 trillion. 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 am ritika gupta, this is bloomberg. ♪ ♪ >> certainly in the u.s., with the financial systems here, whether it is the large banks or others, they are extremely well-capitalized, have a lot bigger pushes agains

jonathan: that was pete buttigieg, the u.s. transportation secretary. good morning. alongside tom keene and lisa abramowicz, i'm jonathan ferro. here's the price action for you. in the equity market, on the s&p 500, basically unchanged, up 0.1%. in the bond market, yields up to 1.7175%. the world's attention on the president of the united states and day $2.25 trillion plan. tom: this is a sea change in terms of stimulus, and that is what we see on infrastructure. what i like about this, and particularly our next guest, is he is definitive as the experienced deputy. i don't know anyone of this vintage who is deputy or special assistant, who has such an interesting cross-section of experience in washington. jonathan: that man is brian deese, director of the national economic council. big plan. a lot of detail we need to work through. help me understand how you will measure success, beyond just big terms like closing the gap. how will you measure success specifically in the years to come? brian: it is good to be with you guys. we have a major infrastructure problem in t