after an attack. .> four people have died a police officer was protecting parliament and one man was shot by -- mark: on lockdown as the situation unfolded. president trump has been braved and federal officers are on alert. stay with bloomberg for age of the cover developing story. rex tillerson says defeating the islamic state is america's top goal in the middle east. a gathering of a 68 nation coalition to defeat the islamic state. during the campaign, donald trump said he had a secret plan to defeat isis and later said he would give the military 30 days to come up with its own plan.

president trump's communications may have been monitored during the transition period as part of collection. a news conference today that communications appeared to be picked up through incidental collection and do not appear to be related to the ongoing fbi probe into trump associate contacts with russia. >> i have seen intelligence reports that show the president-elect and its team were monitored. mark: he believes this was done legally. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. i am mark crumpton. this is bloomberg. ♪

scarlet: live from bloomberg world headquarters in new york, i am scarlet fu. joe: we are 30 minutes from the close of trading in the u.s. scarlet: the dow added at one point but now it is stripping lower once again. joe: the question is what did you miss? london's's worst terror attack in more than a decade left four people dead and more than 20 injured. . live report the day before the republican health care bill is set to vote before congress. the email of the publicly traded company. talk about bad timing. they could jeopardize oil companies from accessing lines of credit. defaults lead to more in the energy sector? joe: let's look at where the

major averages stand as we head toward the close. abigail doolittle is standing by. downil: we have the doubt fractionally, the s&p 500 and the nasdaq are higher. as measured moments ago, the dow had turned higher and all three averages had been at session highs. it will be very interesting to see how these averages do closed. there was not much of a fear reaction, but what -- where we did see more of a reaction was the russell 2000 index down 8/10 of 1% right after the time the london police did call the attack -- a little fear and we see the index is down marginally. all of this after yesterday's big selloff. the first 1% decline of the year

since the 11th, s&p 500, the dollar is trading down against that again. these haven assets have been rallying for multiple days. investors, perhaps the smart early investors, were concerned before the selloff in stocks. it is important to keep an i on it here. there have been many strategists calling for a correction. a great note saying she still expects to see a pullback on the s&p 500 to about 2280. we do go into bloomberg. this is the s&p 500 on the top. we have shown the chart before

showing it was an overbought territory that could signal a pullback. ifwill be interesting to see all about 5% or so. time will tell. here is another chart. it represents the percentage degree the dow is above or below its 200 day moving average, basically telling us it is over or under extended. most recently, more than 10% above. it tends to reverse -- revert to the mean. the dow is .5% above the two large day moving average. it suggests there could actually butn official correction only time will tell. it is important to keep the technical sick -- signals. london's's worst terror

attack in more than decade left four people dead and 20 injured. theresa may was in the lobby of and wase of commons promptly evacuated. a message of solidarity was sent to citizens earlier. people will be united working together to defeat those who would harm our shared values, values of democracy and tolerance, and the rule of law. values symbolized by parliament. values that will never be destroyed. >> bloomberg's london bureau chief joins us now. the attack is symbolic, the bridge being the locations of these attacks. to we think there is a link to the upcoming brexit vote or is the tiny more tied to the one-year anniversary of the

terror attacks? what have you been hearing? >> it is hard to say. what is clear is the housing attack -- how the attack unfolded. mow down some people, crashed and trying tong, take on the heavy security presence, armed police presence armed to the knife. that is all we know. it is a bit early and it is a significant joe: attack i think. additionalind of security measures are currently in place? police on the street, the train station, and the police chief said they may call

, a step up and and fatah, it happened. scarlet: the acting deputy commissioner, let's look at what he said earlier. >> we are satisfied at this stage. it looks like there is one attacker. it is foolish to be overconfident early on. , we arenary basis locking down the area and doing the necessary searches to be completely confident that everyone is safe. as far as we can tell, members of parliament are in lockdown. any sense of whether business will resume tomorrow, whether there is a normal day in parliament tomorrow? >> yes. that is typical here. the general sense is to keep calm and carry on, do not let

the attacks carry -- that is what we are seeing so far. lawmakers were kept in the building for hours. theresa may was voting at the away -- was whist whisked away. one thing i wanted to ask about was whether police have been asking for public support, they are crowdsourcing for photos and videos of the incident. is that what typically happens in a situation like this? quick to sayery this was a terrorist incident. >> it probably took about an hour from when the first shots .ere fired in the early stages, they just said they were not even drawing

conclusions as to whether the event on the bridge or parliament were connected. no one has said what kind of terrorist incident. scarlet: that is a good point. us: thank you for bringing the latest coming up, we will get the white house reaction to the terrorist attack in london. this is bloomberg. ♪

scarlet: getting back to the terror attack in london. we are joined on the phone from the state department. our washington correspondent is at the white house with the

latest. let's start with you. referenced by sean spicer at the daily press briefing, and the white house came out with a statement. tell us the just of it. >> trump had a phone call with the prime minister of u.k., theresa may. he expressed support for how they doubled as a terror attack and said the u.s. will provide full support of the u.k. tries to investigate the full support of the u.s. will be with the u.k. throughout the entire process. it is a relationship president trump and prime minister may have built in the last few weeks. until that happens, he will support -- provide the support

for this investigation. -- >> just a few minutes ago issuing a statement saying the this, itt condemns makes no difference. the state department is not coming out and saying this is terrorism. washingtonon is in for an event at the state department today. they were supposed to do a press standup a few minutes ago, canceled at the last minute and we are trying to figure out why. it was mentioned the president has offered full support to the u.k. are we talking about shared intelligence or something more? >> i think it would be intelligence sharing. that is the cornerstone when it

comes to cooperation on the two sides. it comes after the whole controversy were president trump was echoing claims british intelligence helped inspiring -- spying on him. it adds a curious wrinkle to the whole situation. what we're seeing most is the shared intelligence from terror groups around the world. do you expect to hear more from president trump on this? in an official capacity or on twitter? us to white house told stay tuned. we know the president twitter account has been used to make a lot of his comments and statements, so we will lock that closely but at this point, no plan for the president to a dress the press publicly, come out and make a statement on this. he may make a statement on twitter.

it plays into the type of fear about terror and potential attacks on the homeland. it is something the president is focused on. is there a sense the white house might try to react to this by imposing more as a showtravel bans of force in the u.s. and reinforcing the idea of borders? the white house has not been hesitant to implement some of those restrictions. restrictions on a number of different airlines flying any carry-on equipment larger than a cell phone, done in coordination with the u.k.. airlines flying in the middle east. ban.esitated on the travel

no sense there is -- we will have to wait to see if that is something they decide to do. next fromdo we expect the state department? wait to see? has horse thing, he johnson here, a meaning -- global -- the if there is any indication that comes out that the islamic state was behind that, this would serve rex tillerson's interest because he is trying to get other countries to do more. at the opening of the meeting, he said we are looking to you to contribute more. it is likely secretary tillerson would use the added sense of

urgency to press for the changes the u.s. wants. scarlet: do we have a sense of whether donald trump's visit will still take lace as planned? >> we expected to take place as planned. scheduling the visit is because members of the u.k. parliament are not happy with the idea of the president come -- the president coming. they have had to reschedule around the time where the parliament will not be in session. later this year the president will visit the u.k. and we expect to see that troubled the sometime this fall. scarlet: thank you, our white house correspondent and bloomberg's correspondent reported joining us. time now for a look at some of the biggest business stories in the news right now. the country's come back from the

class of 2013 is the economic success story. they have come back -- come down and come back up. we have got two consecutive years, a broad-based recovery coming under way. cyprus is an example of how to get an economy back up. triggeredection has shareholders to agree to negotiations. the coding company turned down -- 20 $2.2 billion officer offer, which would lead to job cuts. they should begin talks with the u.s. competitor and the firm may try to -- houston management if they refuse. responding to pressure from a shareholder on management, ge is by $1ng its target billion to $24 billion.

bonuses to the new target. investor, fitting -- ge management in the past month. plan to hire investment banks for different stages of its monster i according to four people with knowledge of the matter who say that talking to banks regarding a financial advisor role reviewing potential listing that excels, banks in the role will be considered for subsequent stages, including underwriter. goldman sachs and hsbc are said to be invited. that is your bloomberg business flash scarlet:. , the power of populism in the west. joe has a ready for us. from new york, this is bloomberg. ♪

scarlet: this is a great chart jonathan ferro -- it is so good i could not use it. see,lue line, as you will it is a yield high-yield energy companies index. historically pretty low. to these levels in late 2014 when oil prices were around $80 per barrel. we have not seen since 2014, oil prices 16% higher at the time. it could signal potential risk at the market. when will face pressures oil was at a dollars per barrel. investors believe these companies have cut costs, the

optimistic take. i am looking at the relationship between the vix, the white line, and stock volume. they sometimes move in concert and you sometimes see the volume shoot up with the vix. we still have not seen much of a vix spike yesterday. we do have volume picking up. it is an interesting disconnect emerging. cio into bring in the minneapolis. thank you for joining us. desperate to find, are we finally going to have volatility, are we going to break out the complacency, 1% yesterday, is it just not a big deal? quietin the general pattern? knows what triggers

these things. we had noted that the really -- otherm senator work related options measures, are part of that. the short work had gotten very frothy, dating back to the high made on the s&p and every other .ajor index it triggered a lot of excitement and you could see it in the mutual fund flows and that sort of thing. the elevated level of optimism made -- need to be host down a bit. work, gotal cycle figure, you know, we have a big selloff yesterday. that work may have something to do with it but i think it has more to do with psychology vote, than the republican obamacare revisions due out tomorrow.

so many people are wondering why they are reflecting -- >> we like to look at implied volatility. you are drawing that out of options prices and comparing that to real-life volatility, ,hich has been extremely low very low trailing and 13 and six month basis. implied volatility is where it should be. impliedat one month volatility versus three-month implied volatility. when you see people getting agitated, the one-month relative , we have not seen that for quite some time. it would not surprise me if we slid, that you would see a spike be myt vix, that would

view now. scarlet: the market closes next. four minutes to go until the close. ♪

scarlet: moments away from the

closing bell. what'd you miss? stock suffering their first decline since october. and tech shares rallying. i'm scarlet fu. joe: i'm joe weisenthal. we want to welcome you to our closing bell coverage every weekday. scarlet: we begin with our market minute. a slow day in equities. -- fallingrady pretty dramatic moves yesterday. joe: it is amusing how everybody is like is this the correction. , homee did have some data sales falling more than expected. that did not seem to have too much bearing on how markets traded today. in terms of the movers for the s&p 500, you have tech industrials and utilities leading the way higher.

telecoms the big losers here. moving,ls barely yesterday was when they got punished. >> that was the big loser yesterday. >> in terms of individual movers nike had its biggest drop since june of 2012. north american futures owners missed analyst estimates. the stock down more than 7%. acknowledged some data about its future and used the words growing concern. and snap up 7%. joe: let's look at u.s. government bonds. the story continues. lower yields for much of the day. for much of the day we were the order -- lower than that.

even with the gains the lower yields in u.s. is the story now. scarlet: let's start with the pound. it was a wobbly day. it broke above 1:25 after inflation data. then the gains faded. then you see the big leg up and down, gyrations on the headlines of the terror attack near the houses of parliament. high.n at a fresh 2017 you can see it is stronger the dollareuro and as well. mention of the rand. inflation slowed for a second month.

if you look at it over a longer term, the rand added 19 month high versus the dollar. extending its recent gains in the coming months. joe: finally on commodities let's look at oil and gold. not much going on. gold up a little bit. oil basically flat on the day. if we look at a one-month chart of gold you see it is getting close to its highest level in a month. >> those are today's market minutes. we want to take a look at the bloomberg. i wanted to focus on the japanese yen. it is on a bit of a winning streak. the longest winning streak in two months with the dollar depreciating.

losing value. it has broken to previous bottoms this year. the red line shows how we broke the low. it is now at levels seen in november. what is the next stop? 110 86. we are still above 111 at the moment. we are looking at this holistically. scarlet: there's two stories here. joe: the yen is also one of the core safe haven currencies. if there is a flight to safety historically would see semyon buying. -- some yen buying. stocks, down to the wire, one of the most

anticipated votes in a long time since the debt ceiling votes we had. nobody knows what is going to happen. we have seen weakness in the health care stocks. momentum in fading the health care stocks. if the government is going to be subsidizing how -- less health care health care would like that. keep an i on these stocks. these are fading. all day watching this vote, every trader is keyed into this. it should be interesting. to the latest on the london terror attack, the worst since 2005. rob hutton was in parliament when the first attack occurred. thank you. where do we stand right now? that i'm in ais

crowd of people who have just finally been allowed to leave parliament, which is the final signal this attack is judged to be over. police are still in front of me taking statements from everyone who left. i can see members of parliament, the house of lords. they are all standing around in the roads. people are allowed to stand in the roads indicate it is judged to be safe. we did hear from the acting commissioner at scotland yard that people will see next to police officers armed on the streets working extra hours. security innse of the area surrounding westminster.

clearly that is going to be stepped up. how sick with security is it? >> this is one of the world's leading terrorist targets. have known that for a long time. over the decade and a half i have worked here i have seen the security being stepped up. 20 years ago you could walk into parliament without being searched. i used to have lunch in the canteen. now you would not get in without a search. armed police on all the entrances. what's happened is a lot of invisible security, walls that look innocent but if you see them put him they have deep metal foundations to stop a vehicle attack like this against the building. i'm standing leaning against a waist high barrier that runs alongside one side of parliament

designed to stop someone trying to crash into the building. then there's the layer of security that those of us who don't know about. the officer who shot the attacker today was a plainclothes officer. not haveho you may been aware of as you were walking in. joe: where does things stand with how this affects the calendar going forward? >> i don't think it will very much. it is business as usual. keep calm and carry on. we are expecting parliament to sit tomorrow as usual. i expect there will be tributes paid to the officer who gave his life. i would expect parliamentary business in terms of the calendar and brexit, i would expect that to continue as

expected. >> it is supposed to be a week from now when the u.k. triggers the brexit proceedings. wonder whether timing of that played into this attack. also the timing because it is one year after the belgian terror attacks when there were suicide bombings at the brussels airport and the attack on the metro station as well. have people brought that up? >> the anniversary of the brussels attack is the obvious one. the idea that this is linked to brexit seems more remote. we dealt no. we don't have a confirmation of the identity of the attacker.

i think the assumption of many people is this is probably islamic terrorism. it has many qualities of that. driving a car through pedestrians. attacking a high-profile building. we just do not know. this could be a lunatic terrorist. we can discuss the difference between the two at length if you like. on motive we still have a question. hutton for bloomberg. in oil prices could deter lenders from opening credit. we take a deeper look, next. this is bloomberg. ♪

pricesally in global oil has stalled out at the worst possible time for explorers. as banks are reassessing credit lines that are crucial to their growth. let's bring in alex. explained as -- explain to us the seasonal component. twice a year lenders reassess the credit lines they hand out. the next reassessment is coming up in april and it happens to coincide with a slide in oil prices, surprising a lot of people compared to the beginning of the year. scarlet: how deep is the need for cash right now? depends. they are doing better than they were a year ago when we were in

the depths of the oil price route. average,e drillers on they have tapped 20% of existing credit lines. they are in pretty good shape. joe: i have a chart that looks set this blue line. totalue line is the industry borrowing base and it has gone down over the last year. there has already been significant credit contraction. do analysts expect this to keep going down for a while? >> it depends on what the outlook is. if he keeps falling we could see a contraction. that would hurt companies that have blown through more of their borrowing base. if it stays where it is banks probably keep it where they are now. >> there has been a shakeout

within the energy sector. this is a chart that highlights that if that is the case. the blue line is wti. right now the yield is 6.7%. the last time they were there, oil prices were at $80 a barrel in late 2014. some people say that is a disconnect. this could signal risk in the market. the bullish argument is there is a lot less risky energy companies because they have gone bankrupt. is that the prevailing consensus? >> there is less concern now than there was a year ago. ,il has been so volatile between what opec is going to do, how fast u.s. shale drillers are going to go up production, it is hard to say. joe: big picture.

u.s. production and inventories are climbing back out and that is keeping a lid on prices. , all oft out, if they these producers and drillers are at the mercy of banks does it stand to reason banks can determine the global price? >> banks have a big say in this. no doubt about it. these credit lines are the lifeblood of what runs through their companies now. it's not the only source. there's not a lot of equity issues. this is going to be a big determinant to how fast the sector can grow. scarlet: you have the empty companies, you have drillers. financially which are any better physicians? -- physicians? >> the drillers are doing the best. we see an enormous amount of growth. they are bullish on their prospects.

oil service companies are still struggling. they cut their fees back last year to keep business. they had hoped to see increases this year as production ramped up. the drillers are still resisting. we will see. joe: what does the cost side of the business look like? how long -- how will have they done? theme, the driller say they have cut deep into cost using new technologies. there is debate about how much of that they will be able to fullback.l companies the oil industry insists they will keep half of those. we will see. scarlet: thank you for joining us today. great stuff. coming up, one benefit of the postelection bull market, the

chinese en. we will be digging into that data next. this is bloomberg. ♪

scarlet: let's take a deep dive into the bloomberg. you can find out shards the function at the bottom of the screen. stocks under some pressure today. they have been week for a while. it is important to consider the fact that of that weakness. climbing, noweld below 2.4%. it equals a drop in the real yield. , i will get to that.

the currencies in the dxy index, the blue line. it measures the dollar versus the euro. why does this matter? a smaller real yield spread reduces the attractiveness of u.s. assets to investors. the dollar index is down from its 14 year high. there is less and less of a reason for investors to put their money in u.s. assets if they are not getting extra yield. joe: big caps to the chase of what this is all about. it was a one-way bet. now we have the tension eating out of europe. some of the yield is fading here. was --have a chart that the hedge fund manager from bridgewater came out with this

report. 81 pages of the history of populism and what it means for financial markets. they go for all of these populist episodes from l italy to william jennings bryan. they constructed their own populism index, the vote share of what they see as populist parties, there's a huge surge in the last few years on par with the 1930's. this is something they are concerned with. they say that the effects of populism could be bigger than monetary or physical -- fiscal policy on the economy. they say that is the big story. all the time we spend talking about the fed is missing the point. we should watch this fascinating thing. scarlet: what is notable is the

rise in this cycle has been so abrupt. in the 1930's it builds of overtime. it dissipated before climbing back up. extent whichto the everyone has been caught by surprise. europe may need a dominant aim to compete with the u.s.. that is what mario says in the bloomberg interview earlier today. he gave us his outlook on the italian bank. >> i have some experience, having been competition commissioner for a number of years. the state issues in particular pertaining to financial institutions are wet -- are very complicated. i'm not too surprised the conversation takes long. i do hope they are soon concluded. most importantly i think the

general stance of the relationship between the eu concerning the the control of public finances, there they have something to do. set of complementary implementations. achieved soon as i hope, then the issue of the by morell be surrounded positive atmosphere. would you fix them in another way? >> i think recapitalization is needed. i think for italy, and for other

countries, this time around it has been an experimental phase after the shift from the bailout. was a sound step to take. it was not fully assimilated in the savior of financial institutions. >> help me with the cash call. one from unicredit. in the further cash calls to come are you beginning to see european banking acting more american like and clearing their markets? >> to some extent, yes. farpe they do not go too

behaving like american banks because we had american banks even before 2007, 2008. the pattern was not always exemplary as we know. >> is the battle of the new banking, does europe need a jpmorgan? you mean, and historic --sonality like jb morgan jpmorgan? >> help me here with the idea that europe needs a dominant rank, a jpmorgan equivalent, that can compete with the american banks. does europe need that? europe may need that.

i think also the nationality of banks is something that is blurring over time. mainly eu owned bank of global size, considering jpmorgan. banks upcoming chinese would be in order. would be appropriate. mario monti on bloomberg surveillance. scarlet: we will have the latest on the terror attack in london next. ♪

>> it is time for first word news. sayon's metropolitan police a full terror investigation is underway after attacks of britain's paul are meant and westminster bridge. four people are dead. 20 are wounded including police officers. one man was behind the attack. shot and killed after stabbing an officer. a vehicle plowed into people on westminster bridge overlooking the river thames. president trump has been raped and federal officers are on alert. stay with bloomberg for coverage

of this breaking news. says president trump communications may have been monitored during the transition as part of an incidental collection. he made the announcement at a news conference today. >> i have seen intelligence reports that clearly show that the president-elect and his team were at least monitored and disseminated in intelligence. >> he says he believes the intelligence collections were done legally. president trump's spoke out to the house intelligence chairs announcement that some communication's may have been picked up during a government surveillance sweep. >> i must tell you i appreciate the fact that they found what they found. i somewhat do. president trump tweeted he

had been wiretapped by his predecessor. he denied the accusation through a spokesman. global news powered by more than 2600 journalists and analysts in 120 countries. this is bloomberg. let's get a recap of today's market action. slow compared to yesterday's big declines. basically off by seven points. 9%.500 gaining 1/10 of -- of 1%. >> not showing much strength. let's bring you the latest on the terror attack. the london bureau treat is back with us on the phone. margaret at the white house with the white house reaction. let's start with you. >> it was a soul assailant.

they were comfortable saying it was a soul assailant. there is a full terrorism investigation. the car came down the bridge. they mowed some people down, killed two. and tried to get through security armed with a knife. he was shot. he did stab a police officer. they were told not to move. they were kept inside and finally released. theresa may was whisked away. from her seat she had a two line

statement condemning the attack saying she was going to hold an emergency meeting with ministers. we are waiting for more word from her. >> we will take you to it when it occurs. any time something like this happens we see an increase in security in the united states. in manhattan, in washington. what extent did that happen? >> this is the sort of threat or potential threat every president fears. particularly gini new -- any new president. a number of things went into effect quickly. a very busy day. president trump had been on his was changed course and briefed quickly on this. the situation room came into full play with monitoring of

everything going on. prime minister may spoke later. stage a clear decision made that that threat is isolated. dhs not going about that process a ratcheting up the u.s. threats. an important test now between the u.s. and britain days after diplomatic tensions. spying allegations during the obama administration. signalending a clear that the u.s. will support them. joe: you heard margaret point out how this comes a few days after this whole controversy related to the accusations of spying that created tensions between the u.s. and the u.k.. how does that play out in this situation? part of the special relationship when it comes to

intelligence is more enduring than that. have the ban on laptops that started in the u.s.. different countries were involved. with things like this, intelligence links and are beyond short-term conflicts. >> this is something i spoke with earlier. in the past when there have been trumps at home president used the opportunity to talk about what kind of security member -- issues he would implement. does this latest attack in london give the white house a reason to impose more stringent travel bans or action to protect borders? >> the administration has already undertaken this initial travel ban. the unrelated step with the laptop computers. it is noteworthy that we have

seen very moderate dialback tweeting from president trump. a knowledge and the outreach to theresa may but not letting loose political rhetoric of this stage. the vote passed in the house, a lot of things that have nothing to do with what is going on in britain. a lot of attention drawn to domestic issues. but not yet seeing any signs of politicizing in the u.k.. and i want to switch gears bring it back to the health care vote. as things stand now how does the white house feel? >> publicly white house press secretary sean spicer expressing confidence this will pass and things are on the right trajectory. being asked what the plan bay he said only there is a plan a.

behind closed doors a real effort to ratchet up those numbers, bring conservative republicans not in favor of this over to their side. the freedom caucus is a core holdout of conservative republicans opposed to this saying there is still not the support for it. that vote will go ahead tomorrow night as planned. not sure how long it will take. ask, what about to would be year gas in terms of the timing of the vote? >> if it starts at 7:00 i don't think it will be done. the reporters covering that are going to be bringing snacks to wait it out. thank you for joining us today. vote on the republican

plan to repeal and replace obamacare is expected for tomorrow. next we hear from the ceo of the publicly traded health services company. ♪

joe: public and health care plan eating strong opposition ahead of the crucial vote. for more on the repeal replacement bring in the chairman and ceo of a multiline care organization that provides medicaid and medicare programs throughout the u.s.. the president has made clear nobody knew health care insurance is the complicated. your placement may have, with is anything but simple.

misery simple solution to this? >> there is a relatively simple solution. we have the most vulnerable population. you have the uninsured. you need to protect their health care. ,hat i would have suggested drop the expansion down to 100% of the federal poverty level. then look at your exchange putram to 300% say we will into subsidies to cover that. they have the money provided. is $15bilization billion. leave it at 15. you have the funds on top of the taxing to ensure they can afford the health care. it's that simple.

that would take care of medicaid issues and everything else. joe: what you characterize sounds simple. let's talk about the bill tomorrow. what you make of that? >> a bigot is complicated. some elements people will find very difficult. they are putting sunsets on some issues. you have the exchange. you have a tax credit which is complicated. people aren't used to tax credits understanding it. some of the subsidies, it is aged face. age is not the issue.

why not just say all income-based because that is who gets the money. have you and others presented that to the republican leadership? once we are in the process of talking to the republican leadership right now. let's say it gets through the house. you still have the senate. helpsfind something that everybody. including the recipients. keep it just that simple and we can get it done. joe: i don't think it would be controversial to say politics and ideology might make it hard to find a more pragmatic approach on this. when you talk to politicians and people in d.c. do you get a sense there is a tension between here is something that sounds

good but here's the political realities of what we have committed to? >> the sea of people we have been speaking with find this appealing and very interesting. they see it as a possible solution. when they see that and they understand they have the funding for it, you're not meeting the need of eliminating medicaid or moving it out but you are saving some fines. your insurance is being applied against the right people. people are accepting this is saying yes, this can work. scarlet: can they bring it to the table and push it through? >> we are not going to be able to do anything about it until tomorrow. that has to point out, win lose or draw.

then we start to have some serious discussions. joe: there is this term you sometimes hear and health care discussions, patient centric health care reform. people have this since when they are dealing with the health care system it is very frustrating. they don't have a lot of choice. they don't know what pricing is. are there performs on that aspect, subsidies aside that you think should be made so people could feel more in control of health care choices? >> people are putting forward systems were people understand what it means to get high quality health care. i have done surveys of what they think qualifies as a good doctor. good parking. good coffee and doughnuts. say it makeso they

me well. -- he makes me well. howlet: joe mentioned difficult it is for people to feel in control. how do you make plans when there's this big question mark over what happens? >> we are going forward as if things are going to stay normal and consistent. you cannot do what it's. i will let the investors do that. i'm going to take care of 12 million people. and ensure they get the highest quality care. then we will adapt. not going to allow us to get bogged down in what if's. joe: the chairman and ceo of centene. castro on whether we will see a parade for former trump campaign members

testifying on any probe the campaign had ties with russia. ♪

joe: one of the big things we learned monday was fbi director james comey testified in an investigation underway to determine whether the trump campaign colluded with russia in an effort to interfere with the 2016 election. that revelation was made in hearings in the intelligence committee. >> issa expect it will be a months long investigation. hopefully not a year. the fbi will do its work and we will have to give them room to do that.

the house and senate committees will continue to do oversight. i believe we should hear testimony from the individuals mentioned in the hearing. >> do you think people will hear testimony from paul manafort? >> that decision is obviously not mine but i believe we should hear from those in the journals -- those individuals. >> you anticipate more hearings? >> i'm sure there will be. >> a lot of to the grants and republicans have criticized director call me for different reasonings. are you confident that the fbi director is the right person for this job? >> he is the fbi director. he has years remaining on his term. a few months ago some democrats were calling for him to be removed or resign. i disagreed because i trust director call me more than i

trust anybody else -- director than anybody else especially with this. so far chairman nuñez has acted in a bipartisan way, has kept the investigation moving forward . that changes, we will be more critical. but so far he is moving the investigation. then the time we have left, house is set to take up health care. anticipate this bill will fail tomorrow? >> right now they don't have the votes it looks like. it is an open question in the next 24 hours or so they can strong arm enough people to get those. if it passes the house this version is going have a difficult time passing the senate.

>> the potential first policy bill could fail tomorrow. what do you think? >> the president started off guns blazing, but many executive orders were the most controversial things in american life and politics. he has not really worked to develop any kind of -- scarlet: some breaking news pre-theresa may at 10 downing street making comments after today's terror attack. may: following be deprived terrorist attack on the streets of our capital this afternoon, the full details of exactly what happened are still emerging. having been up dated by police and security officials i can confirm this appalling incident began on a single attacker drove his vehicle into pedestrians walking across westminster bridge, killing two people, injuring many more, including three police officers.

this attacker, who was armed with a knife, ran towards parliament where he was confronted by the police officers who keep us and our democratic institutions safe. tragically one officer was killed. the terrorist was also shot dead. the nutty kingdom's threat level -- the united kingdom's threat level has been set high for some time and will not change. there will be another update later this evening. our thoughts and prayers go out to those who have been affected, to the victims themselves, and their family and friends who waved their loved ones off but will not now be welcoming them home. for those of us in parliament at the time of the attack, these events provide a particular reminder of the exceptional

bravery of our police and security services who risk their lives to keep us safe. once again today, these exceptional men and women ran towards the danger, even as they encourage others to move the other way. on behalf of the whole country i want to pay tribute to them. the work they have been doing to reassure the public and bring security back to our capital city. that they have lost one of their own in today's attack only makes their calmness and professionalism under pressure all the more remarkable. the location of this attack was no accident. the terrorist chose to strike at the heart of our capital city where people of all nationalities, religions and cultures come together to

celebrate the values of liberty, democracy, and freedom of speech. these streets of westminster, hold to the -- home to the world's oldest parliament, are ingrained with a spirit of freedom that echoes in the furthest corners of the globe. and the values our parliament represents, democracy, freedom, human rights, the rule of law, command the admiration and respect of free people everywhere. target, forit is a those who reject those values. let me make it clear today as i have had to do before, any attempt to defeat those values through violence and terror is doomed to failure. , parliamentning will meet as normal. we will come together as normal.

londoners and others from around the world who have come here to visit this great city will get up and go about their day as normal. they will for their trains, they will leave their hotels, they will walk the streets. they will live their lives. we will all move forward together. nevergiving in to terror, allowing the voices of hate and evil to drive us apart. scarlet: that was the u.k. prime minister theresa may speaking after her emergency meeting where she was convening with top advisers. parliament will be meeting tomorrow as usual. let's check in with rob, one of our reporters in the houses of parliament earlier today. it is as you said, life will go on as normal tomorrow.

do we get any sense of where we are in the investigation? >> i'm am afraid i only caught the second half. i've only just been out all out -- allowed out of parliament. the crucial thing about the investigation is that they think the attacker is dead. they don't believe there was a second attacker. the question moves from identity to a question of motive and whether he had inspiration, any assistance. the police and security service will be moving fast answer that question. scarlet: got it. thank you. that does it for what'd you miss?

>> i'm alisa parenti, and you are watching "bloomberg technology." london's metropolitan police say a full terror probe is now underway after attacks at

britain's parliament and westminster bridge. four people dead and more than 20 wounded, including police officers. the lease leave one man was behind the attack. he was shot and killed after allegedly stabbing an officer. the white house says president trump offered condolences today on a call with u.k. prime minister theresa may. secretary of state rex tillerson also condemned the attacks alling them "horrific." he spoke in washington, where officials from 68 nations are gathered for a summit on terrorism. president hollande says his government is looking into potential french victims. scotland's parliament canceled a planned debate over brexit. a spokesman for germany's angela merkel quotes the chancellor as saying "our thoughts are with our british friends or coat british friends." the attacks come one year after the deadly bomb attacks on the brussels airport and