. >> rates unchanged from the ec be at 0%. maintain 25 basis points. asset purchase program cap that 18 billion euros a month. after that come in april, will drop down from 80 billion euros and carry them through the rest of 2017. >> you can see the main concern of germans is inflation. european inflation jumped up in december, but german inflation shot up 1.7%, that is double the rate it had been the month before. germans really don't like inflation. it is concern -- it is a concern for the biggest economy in the e.u. >> we do not suffer from political problems. inflation rate is likely to raise in germany up to 2% this year with zero interest rates. try to explain to our voters and public that any decision has advantages. >> steven mnuchin on capitol hill in his bid to become the next u.s. treasury secretary. the foreman goldman sachs executive told senators that his -- that he will be an attentive stewart of the post. >> i'm committed to being very responsible and my position the properly provide -- from the treasury department. >> the conventional

be here. >> thank you, michael. ec baldwin should be looking over his shoulder. >> no way. >> i was not lying, actually. that was me being nice. that is "all in" for this evening. the rachel maddow show starts right now. good evening, rachel. >> i don't take it personal at all. >> it was an impression. it was the voice of a certain hyperbolic character. >> i don't mind, doesn't bother me at all, which i'm sure you can tell. thanks, my friend. thanks, michael. and thanks to you at home for joining us this hour. here's the story. in march of this past year there was an explosion in pasadena, texas. pasadena, texas, is about 11 miles outside of houston. there was a big explosion followed by a fire. smoke and flames could be seen for miles around. look at that. the whole neighborhood around this fire and explosion had to be evacuated. even the houston ship channel, the freeway onramp for all american oil, it had to be shut down, the whole ship channel. it was not exactly national news when this happened in pasadena, texas

be here. >> thank you, michael. ecng over his shoulder. >> no way. >> i was not lying, actually. that was me being nice. that is "all in" for this evening. the rachel maddow show starts right now. good evening, rachel. >> i don't take it personal at all. >> it was an impression. it was the voice of a certain hyperbolic character. >> i don't mind, doesn't bother me at all, which i'm sure you can tell. thanks, my friend. thanks, michael. and thanks to you at home for joining us this hour. here's the story. in march of this past year there was an explosion in pasadena, texas. pasadena, texas, is about 11 miles outside of houston. there was a big explosion followed by a fire. smoke and flames could be seen for miles around. look at that. the whole neighborhood around this fire and

be asking themselves for a long time, did we do enough? did we do the right things? then we do the wrong things? ec soul-searching this weekend -- you see soul-searching. they all feel as though they are trying to be -- to do the right thing for the country. hisident-elect trump and people have expressed great appreciation for the fact the obama's in particular have been so helpful and gracious in trying to make this a smooth transition. yet you know this group of democrats who are now exiting power are going to be having second thoughts for a long time about what unfolded and the role they played and what potential consequences might be for democratic priorities for the country in this highly unusual new president. john: you see president bush 43 in his usual jocular mood. you look at the clintons' faces. textured, and rich visages of the two people that are experiencing as much emotion as anyone up there. we expect shortly the new first lady in the new wife of the vice president, might and, karen pence and karen pence. you see the scope. that looks like a lot of people who defied expectation they

don't believe is a hard brexit, and then saying she wants to put immigration and leaving the ec] over what might beofjobs and businesses. for a conservative prime minister to put at risk their dearly held economic competence will be a strategic mistake. what you're both proving already, is that she can't escape from being the brexit pm. this speech was all about trying to be something else, whatever brexit is or isn't, i want to be the person of social justice. i want to be the person who puts mental health, you mention, irreproachable as a subject and yet, there will be a lot of people who say — why didn't she go further than that? why didn't she bring in brave measures that weren't in the autumn statement. we're expecting speeches in the next few weeks on housing, on industrial strategy. we have the budget coming up in march, which is a time for new money. social care is hugely important. but i take issue with liz on one thing. we don't disagree necessarily on the brexit issue too much, but governments have to be able to do more than one thing. even when something is as massive as brexit, if you

ec. carter: good afternoon everyone. thank you for being here.irman dunford for those kind remarks. my time as secretary of defense is growing short, and people are beginning to ask me, what is the best decision you have made as secretary of defense? i say without hesitation, joe dunford. recommending him to be joint chiefs of staff was my best decision. from him i have benefited from candid andt and most always most trustworthy professional advice. joe doesn't just offer advice and observations, but solutions, wholed and rounded out. that is very rare, very valuable. for your friendship, thank you joe. i have imposed upon him and dunford, besides expressing my gratitude to her, i want to recognize all that she does to ensure the well-being of our troops and families. lastly, i spoke with president obama lenders whose leadership and compliments in this hall. i want to add my decrepitude -- deep gratitude in the me overs he imposed on 8 years. mywife is here, as are wonderful children who have become accomplished adults. stephanie can't travel wit

as you can see behind me, usually the ec would be a couple of hundred meters away and it is coming towards final defence before it reaches these hands behind us. before it reaches these hands behind us. it does not seem to be pitting of residence here. hazel, you have decided to brave the weather to walk your docs. why? they need to go to the toilet. are you not worried? i am not worried, no. it is life, isn't it? life is all about risk and you have to get on with it. it is another day. were you here during the floods a couple of years ago? i was. i did evacuate because i was frightened but i will break it out this time. really? yes. i queue so much, hazel. as you can imagine, people are worried but it seems as though people are braving the weather. thank you. with me is our weather presenter louise lear. two main things to talk about. the snow, the rainfall and flood risk. let's talk about the snow first of all and what is happening with that. it has to be said that it is generally an improving picture through today but there are some tricky elements that we have got to encounter. hopeful

be more present during conversations. i listen to music now. i'm actually listening to the lyr lyrics. >> it's ecof your segments for the month. i would say at this stage, he's winning. >> what are you talking about? >> i would. he's made the most changes. he's a different person. >> by the way, you've lost a lot of weight. i don't want to know how much. >> incredible. >> thank you. i may have to get the tee shirt. >> we'll get you one. >> if you're curious about meditation text craig's coach andy or join him later today for a facebook live head to today.com to find out how. if you're curious about meditation -- by the way. >> you should be more present, matt. >> be here, matt. >> too busy on your phone to avoid family time? we're going to have device free >> but if you want more -- >> if you're into meditation -- did you know slow internet can actually hold your business back? say goodbye to slow downloads, slow backups, slow everything. comcast business offers blazing fast and reliable internet that's 10 times faster than slow internet from the phone company. say hello to internet speeds up to

make a seriesr w of policy announcements.cy annoe she'll be joined by depmutydepuy mayor for education jennifer nile. the event kicks off education ec week in the district. distridi >> 4:36 is our time.st>> 4:36 before we get tois mike thomast we want to let you know we'vew heard from quantico. the bays is oheparened but on fn scheduled leave or teleworkeleor today. toda >> quantico based schools ared a delayed two hours.delaye if we get more delays you'll yol see them along the bottom ofottf your screen and on fox5dc.com.x. now let's check in with mikeh me thomas and get an update onpat the weather. >> good morning, wisdom.morn i think the best chance force r those delays will be areasys wil east of the city.l east oci those north and west really rea didn't get too much at all up towards frederick hagerstown where we're used to saying they usually get more snowmore w than we d not the case this city of winchester only .10, dulles where mel i wasn't isn't only reporting .3-inches of snow. a dusting for most.. one area northern portionspo frankford saint mary's county si that's dealing with a heavy burst of snow towards to mechanicsv

crowfoot and then to read the fifth novel from cry foul at the the duration if this should be of any duration of for ecmocratic establishment is tied to this same military industrial complex the fact of the matter is the people want change in they are falsely telling people they have run out of options that the people will vote for donald trump. but that the election procedure is just a procedure not real democracy so every four years to vote to willow press them for the next four years. but then to decide if a factory or a store stays open in any of these communities so why should the bankers and the equity firms and corporate billionaires' why do they make all the basic decisions that impact our life? is it the nafta american people can vote every four years for those who will oppress them the message of the answer coalition of course is to mobilize against trump extremist right wing program is the misogynist program that promotes hatred against muslims for all those reasons he is a symptom of the disease. but the disease is that our country for the corpora billionaires' if you want to talk about mak

every two hours and as you can see she's grown up to be a healthy, curious goat who is having a very good time at the sanctuary. >> oh, man.>> the u ecsnailing it! this is what's happened just moments before daniel bow dean went bananas in the snow. he's a red bull athlete. here we go on the mobile. that's one, two complete rotations and landing the snow mobile. double back flip on a snow mobile has been something that daniel has been going after for more than two years. he says he believed it's always been his trick. the reason he says because it's basically been a race to the moon between him and two other americans, coltin moore and steve frisby. i thought the guy lost a limb. the i thought pain was involved. >> he's won other world records as well. he's quite impressive. i'm going to call this next video impressive as well for very different reasons. ♪♪ >> what are you doing? >> keep going. >> they did keep going. you hear someng and crashing. fr whaf on an billow i've been able to the doormat manage to stick to the throttle pedal and this could have been a test drive. the female behind the wheel managing to find her way through a

be determined. at the we do use teachers from it easy. when vote leaves ca m e teachers from it easy. when vote leaves came through it created a bit of uncertainty with ec, where is there a maths teacher? anyone, come in and teach maths here. is there a worry about standards? yes, you have to ensure you are getting high—quality teachers coming in. what we would do is have a programme of adjustment, teaching about the english system, to ensure there are aware of what the teaching methodologies that are used in this country, and how they work within the english system. there needs to bea the english system. there needs to be a conversion programme, a conversion course, as part of their induction. surely that there's more we could be doing here as well? absolutely. that‘s why we say we wa nt absolutely. that‘s why we say we wantan absolutely. that‘s why we say we want an overarching strategy, we wa nt to want an overarching strategy, we want to work the government to do this. we need to simplify the routes into training at the moment. we need to promote teaching more as a profession. we‘ve seen some advertising campaigns, but we need to build up better lin

special events thursday at the e lincoln memorial including ainga concert which will be atteeded by the president-elect.ident-ec washington, doug mcelway, fox news.ew. >> meanwhile new this morning, conservative supreme courtrt justice clarence thomas isrences listed as administering theer oath for mike pence to become b vice president. justice thomas is expected toxpe gain a new conservative allyervy when president-elect donaldside trump announces his nominationnn to fill the vacancy of thef late justice antonin scalia.scal >>> the inauguration is expected to draw thousands of t peopleo and air bnb says ita ever for the company.om. right now more than 15,000a 15 guests are booked to stay in st the area between the 19th 9th through the 21st.e more than 13,000 bookings arenge for inauguration day and of o twos listings 25 percent are pe first time hosts.first time the typical price is about 30abo bucks a night. i many rooms are going for $130 f0 a night. when it's all said and done air bnb host in the d.c. area are expected to earn nearly n $6 million combined and newmbine this morning lawmakers havekerse taken

be executed by supdown. and that -- sundown. and that's exactly what happened. you'd have these incredibly quick trials followed by sentencing and ec cushion all in the very same day in order to forestall the lynch mob. and this it was these that led e supreme court to begin to think about intervening in a constitutional way in the death penalty in the united states. so i just want to quickly tell you about two cases in the early 20th century of this type where the supreme court began to intervene. so one of these cases i doubt that anyone in this room has ever heard of, the other i think many of you may be familiar with. so the one that no one's ever heard of in 1906, a man named ed johnson -- a black man -- was accused of raping a white woman in chattanooga, tennessee. this gave rise to a great human cry, and we had one of these legal lynchings. the law enforcement agents arrested him, there was a very quick trial, very scant evidence. the victim testified at the trial i will not swear he is the man, but nonetheless he was convicted and sentenced to death in the same day. but the supreme court got wind of what had happened, and j

ec claiming the mantle of leader of the world? filling the vacuum? i would say that, i welcome this attitude, welcome to the club and of course, this openness, this external openness has to bemost important thing is, i am very glad to listen to these worlds but —— words but deeds have to follow. so china and russia being the new superpowers in a decade ‘s time, you refute that? definitely. there is the transatlantic element. i put it to you that the west is in decline. it is look at your in particular. us —— europe is in crisis post brexit, it really is. a couple of thoughts. the president of germany, the joachim gauck, couple of thoughts. the president of germany, thejoachim gauck, a uniting force of the eu has declined significantly. president tom set up to brexit, countries can follow the uk's example and president xi jinping of china, the eu was gradually falling apart. three powerful voices, not much confidence in your. warning voices? different points of view? yes, the question thatis points of view? yes, the question that is in front of us, do we want this european union and do we want a european family or can live without it? am strongly in favour of a european unio

be the core question, how do you not become europe? how do you not become the society that is totally divided along lines? because of your immigration policy?echere is the security side, terrorist getting onto our shores, the weeping statue of liberty. would love to take in thesebe immigrants. that is a debate. i think the press coverage has spoke pretty heavily on the side of how this is somehow against refugees. it's hard to know where the line should be drawn. this is what trump campaigned on. >> tucker: have you seen any news outlets -- that at least raised the questions? >> yes, some heavy criticism and muted praise. many of the republican party are not embracing this. it's not the usual right left divide. certainly, when kellyanne conway and reince priebus and sean spicer get on the sunday shows, they made the case but by and large, the underlying tone is one of outrage. nbc nightly news cast tonight, standing in a new jersey park with statue of liberty in the backdrop. >> tucker: not a subtle message. howard kurtz, great to see you. up next, we will talk more about what has just happened tonight during this show. the president's firing

ec possible to provide health care for people. now i-i know that the incoming congress and-and administration talks about repealing it. but we've set a bar that shows that this can be-that core principle is one that the majority of americans, including supporters of donald trump, believe in. >> kroft: what are your memories of this office? what's going to stick in your mind? what are you going to remember from here? >> obama: well, i think the-the the number of decisions that you make just with your advisors sitting here-- we've had some big powwows around is the banking system about to collapse and what do we do about it? to questions of war and peace. so you-you-you remember the decisions that were made in this room. the objects in this room, only a few of them i really attach to. remember the bust of dr. king. i thought having an american here who represented that civic spirit that got me into this office was useful. over there i've got the original program for the march on washington that was framed and given to me by a friend. you know, i'll remember the view out this window, because this is where we had our... the playground that we put in when malia and sash

whether it is the fcc or the ec, or doj, will they allow these company to get bigger? >> is it your expectation that administration will beration when it comes to antitrust? >> a lot remains to be seen. i would say the obama administration come in the past year in particular, got a lot more stringent in m&a. there were $5 trillion in m&a laster that fell away. if you look at pfizer and allergan, staples, office depot, a lot of big deals fell away. the obama administration got a lot more aggressive. the view is that eases up to a degree. whether it reverts to what we had in the bush administration, that is yet to be seen. you looked at companies and thought, that will be blocked, let's revisit this in a year? >> i think you saw some of these deals fall away and you saw people get anxious. the last thing you want is a board to announce a transaction and then have it held up by regulators and then not happened. it is not great for the board or the target or the buyer. as these transactions were getting stuck, people backed away from the table. if they see a loser regulatory environment, they are likely to get back to the tab

ec one of the most anywhere in the united states. we are committed to justice and peopleand making all deaf making america values all people's values. we know we can be at the forefront to fight for criminal justice reforms that make our city and nation fair. we have worked with brothers and sisters to pass a minimum wage. we call upon the nation to do the same. we know we can't have a proper city we are proud of if more washingtonians participate in it. committed toe are more affordable housing than ever. we know we have to stand up for the rights of women and girls, of our lgbt community. of anybody that would be threatened or scared. stand upking you to for us on this issue. we live in the shadow of the nation's capital. we demand statehood because that is the only way we can truly be equal. i hope in washington you are going to see our fantastic memorial. you will remember he said five decades ago, if you can't fly you should run. if you can't walk you should crawl. means, keep moving. keep moving national action network and washington d c is right here with you. >> now for our indication, he is the senior pastor of the church in brooklyn, where

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ec eckhart. over the top. if you're a big action fan, i might be showing my age a little bit, i'm 32, i loved the eighties and all this movie really is. it reminded me like the die hard hards and the -- >> kevin, nothing's changed, you still love that. >> speaking of cheesy action movies, number 3 on your list, and one of the great sound bites of all time, one of a president. >> yes. "independence day" again not necessarily a presidential film but a film that works overall, a fun preliminary, bill pullman's speech is one of the best presidential speeches ever. watch this. >> we're going to live on. we're going to survive. today, we celebrate our independence day! >> i want to go out and change the world after i watch that. that speech, it's amazing. and, listen, i will say the effects in that movie don't really necessarily hold up today but the sequel, by the way, was one of the worst movies i've ever seen, i don't know why they made that movie. that's my number 3, " "independence day." >> he came back in number 2 to save the day. >> of course. >> number 2 on your list, i loved this movie growing up, " "the a

so, yes, being tired is one of the hallmark symptoms, absolutely. eric: so now we don't know the situation of the eceer with this train, passengers said it was going too fast when it slammed into the end of the track in brooklyn. very similar to what happened in hoboken across the hudson river here in new york city when a train also slammed into pier. what's interesting is both crashes happened, you know, in the more -- during the morning rush hour. >> well, it is. i mean, you know, it really is. and, you know, i read some of the articles about the cases and, certainly, there's an information going on about -- investigation going on to the current crash that we're talking about. but when we talk about sleep but when we talk about sleep?ñ?r situation, yes, they can with be tired during the day. but sometimes these patients have other symptoms as well. you know, some of these patients actually will gasp or snort at night when they sleep, snore, sometimes they have headaches, but the key here as a family can occur at any point in the day if that's, in fact, what a patient has. treated. we talk trains a

school systems and helping people be more sound in their thinking and living, learning how to live and provide for themselves, teaching them that. when i was in school, we had ecalked about learning across the board. school systems were set up to teach people to people to live, and that is not what's happening now. host: next up is kimberly in pennsylvania, republican line. tell us your message to washington. caller: my message to washington is that the previous caller is right. we are holding everybody accountable. there are no more free rides. as far as the hacking business, if russia did do this, i consider that a great service. to the american people are entitled to the truth. anyone who says security and all that crap. we do it to each other. from ohio, independent. caller: thank you for taking my call. i would like to see citizens united overturned. i would like to see the affordable care act repealed and replaced with a single-payer system. i would like the federal marijuana laws relaxed. i would like corporations and billionaires to pay their fair share of taxes. out of -- i would like increased funding for c-span. vladimir putin put in charge of sewer

be $6 theion in 2016 in -- and year after that. royal bank of canada says it will consider buying private banks as part of its city national bank operation. enormousays ec's-- your bloomberg business flash update. scarlet: still ahead, they chairman of the powerful house ways and means committee joins us. we will discuss the fate of obamacare and how republicans plan to push for a replacement. we will also give you the commodities close -- reversing earlier gains and now down by 2%. there is speculation that crude supplies is rising. nevertheless, have opec and other exporters coming through with output cuts. we are talking about iraq, russia and some other gulf states including kuwait. this is bloomberg. ♪ >> from bloomberg world headquarters in midtown, manhattan, this is "bloomberg markets." i'm scarlet fu. let's take a look at some of today's movers. is climbing to a five-week high, the back-and-forth slightly by 2/10 of 1%, advancing before the lunar new year. there has also meant some creep back into the markets as well. president-elect donald trump the setting and meeting tomorrow and no one is quite sure what he will say about fiscal trade policy

be a launch pad for stocks. if it's three big investment ideas. as we head to break, here's a check of what's happening in the european markets right now. sfrrs istrg 2 ury ece.owthyoo ger >> the donald trump era officially begins. follow the leader wherever you are all january long. cnbc first in business worldwide. >>> welcome back to "squawk box." take a shot like that you think something is going on, you get a shot of the police there. but they are always there in times square. dow coming in shy of milestone, tech sector hitting a 16-year high. joining us with top stock picks, good morning, louis. >> good morning. >> how are you feeling this morning? last time we saw you, you were pretty bullish across the board. >> sure. i'm still bullish. the earnings are going to get stronger and stronger as the year goes on. the wild card is the tax cut. without tax cut s&p earnings up 8% this year. with tax cuts we expect they will be up over 20. that's the wild card. a lot of positive guidance and a lot of good news in the upcoming weeks and we expect the market to respond positively to that. >>> real quick on the tax front and then i want to go to stock picks. whe

and my question is fundamentally, one of you might be -- maybe we shouldn't report any black thattist ecs, and maybe we should base this more perhaps on poverty or some other kind of buckets to put these things in. and the counterargument would be that perhaps one of the issues with the black lives matter is that we're just not getting statistics about how many black men are being shot on the street. so i'd like, you know, there's two simplistic solutions, and i was bond -- wondering if you could talk about where should we go with the statistics. >> so i think it's an open question as to whether racial nirvana looks like a world where there's no more categorization of race in america. other places never started, so it's not clear that they should. but in the sense that the double-edged sword in this case is it has been both a long-running tool of oppression and at the same time then one of the most effective means to create white racial solidarity and to make possible reform. and so that's our history. we can't really escape it. so the challenge, i think, with regard to your second questi