as a formula one driver, max chilton has been racing for two yea rs max chilton has been racing for twohe first british tea m and 18 to become the first british team in the series. it is a premier level of racing in north america so obviously there are things we haven‘t done before so it is a real step up on all levels, really. but it isa step up on all levels, really. but it is a step but we are ready for as a team. here at the carlin race shop there are trophies here, here, here and here. infact, there are trophies here, here, here and here. in fact, this building screams success from the likes of formula to an formula three, but as carlin have long been considered a launchpad for countless fi drivers, like sebastian vettel and nico rosberg, why go into indycar? predominantly formula one is dominated by manufacturers such as mercedes and ferrari and we can‘t really compete at that level. we are not really interested in just making up not really interested in just making up the numbers or being on the grid. we wa nt up the numbers or being on the grid. we want to be competitive and in

chilton plus the u.s. is the biggest consumer of your radio but could that change r.t. correspondent david miller will tell us now let's get to today's top business and financial headlines. regular tax structure the european commission is looking into whether the sweden based company was given unfair tax advantages by the netherlands according to member states cannot give tax benefits to multinationals that aren't allowed to other firms during a press conference a spokeswoman for the commission explained the probe is focused on interests here which is one of the groups that operates the entire business we state in our traditional rican cern's we have concerns that to. tax rulings from two thousand and six and two thousand and eleven may have about interact to pay less tax and given them an unfair advantage compared to other companies subject to the same national taxation rules in the netherlands which would. be in your state rules. quickly responded to the announcement denying any wrongdoing in a statement the company wrote the way we have been taxed by national authori

trading commission report chilton. hi bianca the holiday season is here and there is a lot of good cheer and pleasant spirit in the air but be careful there are scam stories out there as a government financial regulator i try to do all i could to alert people about financial frauds and scams stirrers it's sad but true that there's no more important time of the year when people in need to be on guard so here's some practical advice to protect you and your family last year i penned an opinion editorial about the billy bob thornton movie bad santa too horrible movie don't go see it don't rent it but my point was that there are real bad santas out there around the holiday season these real bad santas are a far cry from santas original namesake the fourth century bishop nicholas who was generous and anonymous for a long time as he repeatedly dropped bags of gold down the chimney of a poor man in order to finance the dowries of the man's three single daughters on the flipside after he died after he passed st nicholas his bon

i'm bart chilton filling and i'm the on the coming up the wildfires spreading across california could keep it off we have in us history our chief correspondent because we report more for us from los angeles and the jobs report is out and it is good two hundred twenty eight thousand jobs were created in november and the unemployment rate. four point one percent coming up will take a deep dive beyond those numbers with. no it's just to the stories topping today's political and business headlines. in just a few months eighteen thousand will face off with the justice department in court over its attempt to buy time warner and the trial will begin on march nineteenth but a decision isn't expected to be handed down until after april twenty second which is the deadline for both sides to complete the deal while eight hundred eighty announced the plan to acquire time warner back in october two thousand and sixteen and wasn't until last month that the government sued to block it from happening over antitrust concerns following the news eighteenth tee shot back and called the lawsuit a quote rad

up over the hills of the downs and chiltons, a few patches of light rain or drizzle tending ease awaysday morning. some damp weather as well, there or thereabouts in northern ireland. but further north in scotland, for many areas, it's a dry and bright start to the day. high cloud in the sky and there should be some hazey sunshine coming through that across many areas. through the rest of thursday, this wiggling weather front is going to push its way a little bit further northwards and eastwards. it's just going to stay cloudy for most of us. the cloud perhaps thinning a little bit through the afternoon, to allow brighter spells in the east. but always, the thicker cloud across wales, north—west england, northern ireland, threatening some spots of rain. the brightest weather across scotland but this is where we've got the slightly cooler air. temperatures 6 or 7 degrees in the north. otherwise, for most of us, it's a day of double—figure temperatures. and those mild conditions continue through thursday night and on into the first part of friday morning. the cloud though is going to th

up over the hills of the downs and chiltons, a few patches of light rain or drizzle tending ease awayrn ireland. but further north in scotland, for many areas, it's a dry and bright start to the day. high cloud in the sky and there should be some hazey sunshine coming through that across many areas. through the rest of thursday, this wiggling weather front is going to push its way a little bit further northwards and eastwards. it's just going to stay cloudy for most of us. the cloud perhaps thinning a little bit through the afternoon, to allow brighter spells in the east. but always, the thicker cloud across wales, north—west england, northern ireland, threatening some spots of rain. the brightest weather across scotland but this is where we've got the slightly cooler air. temperatures 6 or 7 degrees in the north. otherwise, for most of us, it's a day of double—figure temperatures. and those mild conditions continue through thursday night and on into the first part of friday morning. the cloud though is going to thicken up then through thursday night. with a bit of rain working in aga

i'm bart chilton filling in for those who celebrated christmas we hope you had a great day from everybody here at boom bust and on this day december twenty sixth in eight hundred sixty five the inventor of the great patent in the u.s. the first coffee percolator james mason franklin massachusetts invented it and he was one of the original mr coffee's i guess all humans are believed to have discovered the joy of a cup of coffee in ethiopia and the arabian peninsula the earliest known coffee making devices are believed to have been created in ancient by ancient arab traders of course technical and commercial innovations over time with help spread coffee's popularity cultivation and stimulated literally the growth of many fortunes based on the marketing of your daily cup of joe just this month the largest starbucks in the world opened in shanghai china the flagship store in seattle is only about half the size of the new store in shanghai is thirty thousand square foot location first starbucks whose growth for the third quarter was only two percent down from four percent a year ago china has

paul so he is destroyed talk about destroying trust they're all over and martin chilton south has been in a difficult position he's had to change his position a few times what do you think all of this means for his political fate that's right india if he had to first of all he had to do this u. turn or he would do a u. turn if he came back to the negotiating table to sort of like start exploratory talks he's held accountable for an historic election defeat so he's very much weakened in his position of course. new government would be in his interest if there were new elections for instance if you follow the scenario then he could not under no circumstances be the top candidate for the s.p.d. party ever after having or after being held accountable for this historic election defeat of his own party so he's in a very difficult situation right now but of course he also is trying to any decision that is coming in following now he was trying to put this on solid grounds and this is why he wants to get his voter base approving this decision and he wants time for that to get the best deal for h

gaining time to negotiate all these topics and just briefly oliver where does all of this leave martin chilton his position of leadership in the social democrats he's been in a very difficult position that's right first of all it's the fact that he had this historic election defeat then the u.-turn which might come or not but in the end of the day it's in his interest to remain being the party leader and also it would be in his interest to manage and have his party forming another government because new elections would mean that the s.p.d. would certainly need another top candidate and that cannot be him after this historic election defeat all right oliver salat explain the unprecedented out political uncertainty for us here in berlin thank you all ever. and reminder right now of our top story in germany the leader of the sultan democrats martin schulz has denied reports that his party is ready to enter exploratory talks on forming a government this comes after last night's meeting with the german president and chaffed americal merkel has been trying to form a government since the september el

british team in the modern era to enter a car into next year's series with former formula 1 driver max chiltonries, raced in north america and for some the most dramatic form of motor racing.|j think it is more exciting because we get to race on alls. we raced to speeds of 240 mph for five miles. get to race on alls. we raced to speeds of 240 mph forfive miles. f1 gets those speeds for a few seconds but we do 500 mile races at that speed. as a former formula 1 driver, he has been racing in indycarfor two years. hejoined carlin, becoming the first british team in the series. there are things that we have not done before as we move to america, so it is a real step up on all levels. but we are ready for it asa team. all levels. but we are ready for it as a team. here that the race shop, the trophies here, here and here. in fa ct, the trophies here, here and here. in fact, this building screams success, from the likes of formula 2 and formula 3. jazz carlin have long been considered a launch pad for cou ntless been considered a launch pad for countless f1 drivers like sebastian vettel and nico ros

on bart chilton filling it in and i'm down to the sweeney coming up as the digital world continues to evolve the amount of money going into this start of face is staggering in the united states alone more than one point two trillion was raised by initial coin operating will go to hong kong. i see as and how this new and evolving world can add here to the best practices that will make digital business is more efficient and secure for average investors and the u.s. senate passed their version of tax reform in the early hours saturday two am or something like that and can their accommodation be made to.

i'm bart chilton filling in for those who celebrated christmas we hope you had a great day from everybody here at boom bust and on this day december twenty sixth in eight hundred sixty five the inventor of the great patent in the u.s. the first coffee percolator james mason franklin massachusetts invented it and he was one of the original mr coffee's i guess all humans are believed to have discovered the joy of a cup of coffee in ethiopia and the arabian peninsula the earliest known coffee making devices are believed to have been created in ancient by ancient arab traders of course technical and commercial innovations over time with help spread coffees popularity cultivation and stimulated literally the growth of many fortunes based on the marketing of your daily cup of joe just this month the largest starbucks in the world opened in shanghai china the flagship store in seattle is only about half the size of the new store in shanghai is thirty thousand square foot location for starbucks whose growth for the third quarter was only two percent down from four percent a year ago china has bee

i'm bart chilton filling in on this day the star trek episode the trouble with tribbles premiered on n.b.c. as techies and trekkies you know star trek creator gene roddenberry and the writers who developed the star trek universe predicted the development of many of the devices and technologies we use today and it gave us a blueprint for many others that are on the cutting edge of science and technology right now in fact you might be watching this on one of them big screen displays of the size you saw in star trek were technologically and commercially infeasible back in the day now large ultra high def screens are fairly standard the tablet for example was predicted on appearance if star trek the touchscreen device smaller than a magazine they had there with seemingly limit to limitless access to humans and perhaps alien knowledge in the next generation series the tablets were of course an update to the communicators of the original series fictional precursors to cellphones in the real world remember when captain kirk would confront a cling on a romulan commander on the large screen t

i'm bart chilton filling in and i'm bianca sheeny coming up top of all things that point futures trading to taking out a war you can buy sound with expert wrenching middleton plus we'll explore what disney and twenty first century fox merger could mean for the media industry now let's get to today's top business and financial headlines. although google has had a complicated relationship with. china the company is trying to work past their differences on wednesday google's owner alphabet announced the creation of the google china center the center will focus on quote basic ai research in beijing and will be led by faith in a statement she wrote i believe ai and its benefits have no borders whether breakthrough occurs in silicon valley beijing or anywhere else and has the potential to make everyone's life better as an ally first company this is an important part of our collective mission and we want to work with the best talent wherever that talent is to achieve it this will happen even though google's website cloud services and video platform you tube are all blocked in china. republicans

in the downs and chilton, a few patches of light rain or drizzle easing away.rt. i cloud in the sky and bright start. i cloud in the sky and some sunshine coming through that in many areas. for the rest of thursday, the weather front pushing northwards and eastwards stop it will stay cloudy for most of us. the cloud to have is thinning in the afternoon to allow brighter spells in the east. the cloud across wales, north—west england threatening a spot of rain. the brightest weather across scotland with slightly cooler air. for most of us, a day of double—figure temperatures. the m 0 u conditions continuing through thursday night onto the first part of friday morning. —— the mild conditions. rain working in across southern counties of england. kula across the far north—east of scotland. the friday, again a rather disappointing cloudy picture. try and bright for most of us in the afternoon. when blowing across the mountains of scotland and it is the eastern side that will have limited ra kes eastern side that will have limited rakes in the cloud. temperatures mild

trading commission report chilton plus the u.s. is the biggest consumer of your radio but could that change r.t. correspondent david miller will tell us now let's get to today's top business and financial headlines. regulators in the european union and now they're investigating his corporate tax structure the european commission is looking into whether the sweden based company was given unfair tax advantages by the netherlands according to member states cannot give tax benefits to multinationals that aren't allowed to other firms during a press conference a spokeswoman for the commission explained the probe is focused on interests here which is one of the groups that operates the entire business we state in our preliminary concerns that we have concerns that to. tax rulings from two thousand and six and two thousand and eleven may have them out interact to pay less tax and given them an unfair advantage compared to other companies subject to the same national taxation rules in the netherlands which would if confirmed being breached

trading commission report chilton plus the u.s. is the biggest consumer of your radio but could that change our t correspondent david miller will tell us now let's get to today's.

i'm part chilton filling in for those who celebrated christmas we hope you had a great day from everybody here at boom bust and on this day december twenty sixth in eight hundred sixty five the inventor of the great patent in the u.s. the first coffee percolator james mason franklin massachusetts invented it and he was one of the original mr coffee's i guess all humans are believed to have discovered the joy of a cup of coffee in ethiopia and the arabian peninsula the earliest known coffee making devices are believed to have been created in ancient by ancient arab traders of course technical and commercial innovations over time with help spread coffee's popularity cultivation and stimulated literally the growth of many fortunes based on the marketing of your daily cup of joe. just this month the largest starbucks in the world opened in shanghai china the flagship store in seattle is only about half the size of the new store in shanghai's thirty thousand square foot location for starbucks whose growth for the third quarter was only two percent down from four percent a year ago china has be

trading commissioner bart chilton and i will discuss and regulators have shot down trans canada request to edit its proposed route for the keystone x.l. pipeline in nebraska what happens next argue for funding tell it to listen now let's get to the day's top business and when. a judge in italy has officially ordered former oil executives to stand trial over a billion dollar bribery scheme the ruling which was handed down on wednesday requires the ex employees of oil dutch shell and any to stand trial on march fifth are being tried on allegations of aggravated international corruption regarding their role in a one point one billion dollars deal for a nigerian oil bloc in two thousand and eleven following the decision both companies released statements claiming their innocence but lobel witness and finance uncovered which published a report connecting them to the scheme a day before the ruling came out said the nigerian people lost on over one billion dollars equivalent to the country's entire health budget as a result of this corrupt deal we welcome the prosecutor's efforts to bring this

i'm bart chilton filling in on this day december twenty eighth in two thousand the u.s. retail giant mcgovern rewards announced that it was going out of business after one hundred and twenty eight years we used to affectionately call it monkey ward when i was a kid and as it turns out there's a reason for that there is actually a glass enclosed monkey cage at the wynwood mall in dallas texas in the early one nine hundred sixty s. and so people started calling it monkey wards there's your thinking freaky fact for the day but since mcgovern rewards went out of business back in two thousand larger retailers have had a hard time change like payless shoes the limited radio shack have gone all gone under when radio shack went out of business one thousand doors were closed where does one buy a crystal radio these days online of course this year macy's j.c. penney and sirius all announced the closing of hundreds of stores esther after disappointing results from by actually last year's the two thousand and sixteen holiday shopping season series may not be the biggest ute.

i'm bart chilton filling in on this day december twenty second in the year eight hundred seventy seven scientific american published their issue announcing thomas edison's invention of the phonograph it could play and record sound back on a tinfoil cylinder it was seventeen years later an eight hundred ninety four that the german immigrant an inventor a mill berliner founded the united states gramophone country company to market his improvement on the idea a flat disk since then recorded sound has of course more through many commercial formats from l.p.'s to eight tracks and cassettes the c.d.'s and then of course you know digital files and online streaming the first major file format the m p three now has to compete with several high end formats offering much better sound quality music legend neil young was so irritated by the poor quality of most digital audio that in two thousand and four he introduced a crown funded device and company of his own pono offering master quality digital sound but pono lost its online music store last year when apple the original commercial motor for the

up over the hills of the downs and chiltons, a few patches of light rain or drizzle tending ease awayrthern ireland. but further north in scotland, for many areas, it's a dry and bright start to the day. high cloud in the sky and there should be some hazey sunshine coming through that across many areas. through the rest of thursday, this wiggling weather front is going to push its way a little bit further northwards and eastwards. it's just going to stay cloudy for most of us. the cloud perhaps thinning a little bit through the afternoon, to allow brighter spells in the east. but always, the thicker cloud across wales, north—west england, northern ireland, threatening some spots of rain. the brightest weather across scotland but this is where we've got the slightly cooler air. temperatures 6 or 7 degrees in the north. otherwise, for most of us, it's a day of double—figure temperatures. and those mild conditions continue through thursday night and on into the first part of friday morning. the cloud though is going to thicken up then through thursday night. with a bit of rain working in

up over the hills of the downs and chiltons, a few patches of light rain or drizzle tending ease awayr thereabouts in northern ireland. but further north in scotland, for many areas, it's a dry and bright start to the day. high cloud in the sky and there should be some hazey sunshine coming through that across many areas. through the rest of thursday, this wiggling weather front is going to push its way a little bit further northwards and eastwards. it's just going to stay cloudy for most of us. the cloud perhaps thinning a little bit through the afternoon, to allow brighter spells in the east. but always, the thicker cloud across wales, north—west england, northern ireland, threatening some spots of rain. the brightest weather across scotland but this is where we've got the slightly cooler air. temperatures 6 or 7 degrees in the north. otherwise, for most of us, it's a day of double—figure temperatures. and those mild conditions continue through thursday night and on into the first part of friday morning. the cloud though is going to thicken up then through thursday night. with a bit

trading commissioner bart chilton part as background for our viewers what is the export import bank and why is it important. it's super important to our to our economy it's been around since one thousand nine hundred thirty four and the idea is that it will help exports of u.s. goods made in the u.s. goods and you know it did so back in thirty's and after the second world war it was a big part of the marshall plan trying to get exports to france and germany and then you know fast forward to eighty nine when the berlin wall came down trying to get u.s. goods into the former soviet union chuckles poland and then a big push by president obama back in two thousand and nine two thousand and ten was to try and get more u.s. exports to india and so they put a billion dollars in in that so the export import bank operates with loans and loan guarantees and while it's funded by the government it's supposed to be self-sustaining and the bank says that it's bringing in one point four billion dollars a year over the next ten years for the government but the congressional budget office disagrees with

ledger except it's distributed worldwide which means it can't be hacked and if at some point bart chilton decides to sell richard sand or one hundred shares of apple we could theoretically do this on. a trusted public network so i don't know what will happen bart but i do believe that we are well into it and it will come a lot faster than electronic trading ok. before we go i want to get to the juiciest part of all of this i want to get to the american financial exchange this is your a series serial on premier or doc entrepreneur and what tell us about f.x. and what's going on there. a fax was born in two thousand and twelve as a concept that was based on the fact that london as live bore europe as you're aboard china even has jibe or there's no american interest rate and the benchmarks were all polls as opposed to real data so we set up an exchange where banks and non-banks could borrow in lend from each other over night and this would be called a marable or that particular rate would serve mostly small to medium sized banks bar you and i know that the small to medium size banks have an

i'm bart chilton filling in for those who celebrated christmas we hope you had a great day from everybody here at boom bust and on this day december twenty sixth in eight hundred sixty five the inventor of the great patent in the u.s. the first coffee percolator james mason franklin massachusetts invented it and he was one of the original mr coffee's i guess all humans are believed to have discovered the joy of a cup of coffee in ethiopia and the arabian peninsula the earliest known coffee making devices are believed to have been created in ancient by ancient arab traders of course technical and commercial innovations over time with help spread coffees popularity cultivation and stimulated literally the growth of many fortunes based on the marketing of your daily cup of joe just this month the largest starbucks in the world opened in shanghai china the flagship store in seattle is only about half the size of the new store in shanghai is thirty thousand square foot location first starbucks whose growth for the third quarter was only two percent down from four percent a year ago china has b

up over the hills of the downs and chiltons, a few patches of light rain or drizzle tending ease awayorthern ireland. but further north in scotland, for many areas, it's a dry and bright start to the day. high cloud in the sky and there should be some hazey sunshine coming through that across many areas. through the rest of thursday, this wiggling weather front is going to push its way a little bit further northwards and eastwards. it's just going to stay cloudy for most of us. the cloud perhaps thinning a little bit through the afternoon, to allow brighter spells in the east. but always, the thicker cloud across wales, north—west england, northern ireland, threatening some spots of rain. the brightest weather across scotland but this is where we've got the slightly cooler air. temperatures 6 or 7 degrees in the north. otherwise, for most of us, it's a day of double—figure temperatures. and those mild conditions continue through thursday night and on into the first part of friday morning. the cloud though is going to thicken up then through thursday night. with a bit of rain working i

up over the hills of the downs and chiltons, a few patches of light rain or drizzle tending ease awayn ireland. but further north in scotland, for many areas, it's a dry and bright start to the day. high cloud in the sky and there should be some hazey sunshine coming through that across many areas. through the rest of thursday, this wiggling weather front is going to push its way a little bit further northwards and eastwards. it's just going to stay cloudy for most of us. the cloud perhaps thinning a little bit through the afternoon, to allow brighter spells in the east. but always, the thicker cloud across wales, north—west england, northern ireland, threatening some spots of rain. the brightest weather across scotland but this is where we've got the slightly cooler air. temperatures 6 or 7 degrees in the north. otherwise, for most of us, it's a day of double—figure temperatures. and those mild conditions continue through thursday night and on into the first part of friday morning. the cloud though is going to thicken up then through thursday night. with a bit of rain working in agai

trading commissioner part chilton smart what does all of this new derivatives trading mean for coining. i think it's a really positive sign i mean we've already seen that the price between last week the options as you say at cboe and this week just today c.m.e. group which you know. the prices are leveling out in between those futures those derivative prices and the actual bitcoin price and that's a good thing to get rid of some of this volatility right don't get me wrong i mean the prices are still going up significantly but at least there's not the incredible machinations we saw like last week i know beyond because we talked about it the cboe hit some of those circuit breakers where they had to pause trading that didn't happen with c.m.e. group and there's going to be a lot more liquidity i think in this contract c.m.e. group so i think really positive for bitcoin well what about volatility in bitcoin trading in the underlying coin trading and on the derivatives. right so that the under the underlying you know bring that volatility down is key and so far we've seen that that happen i

rain and drizzle for the first part of the day on thursday for dog over the hills, of the taos and chiltonwest england and northern ireland, the rain not too heavy but persistent. temperatures in double figures for most. the best of any sunshine in scotland. through thursday, the cloud thickens up. a mild giant bought most of us, murky with mist and fog patches. clearer skies across the far north of scotland. welcome to bbc news, broadcasting to our viewers in north america and around the globe. my name is mike embley. our top stories: britain's prime minister theresa may sacks her deputy, one of her closest allies, over allegations that he lied about pornography on his work computer. he's calling it "a big, beautiful tax cut". donald trump gets his first major legislative win as republicans approve the biggest tax overhaul in a generation. we report from barcelona ahead of crucial elections, that could decide the catalan independence debate. mps in uganda vote to scrap age limits for the presidency, meaning yoweri museveni may be able to run for a sixth term in office.

i'm part chilton this is boom bust broadcast around the world from washington d.c. coming up the organization of petroleum exporting countries has agreed to extend their one point eight million barrel per day production cut through the end of twenty eight teams have the cuts had any real impact on raising oil prices and what does the future hold for the u.s. and global oil commodities and how might that impact consumers how might it impact you we'll drill into it with tyson the slocum plus we'll examine how sexual harassment allegations are affecting the entertainment industry then the u.s. securities and exchange commission's new cyber unit jumps into action its first target and initial coin offering by a canadian company we'll talk to alex mchale of veggies about the latest but first let's check out the new stories topping the headlines. jay powell is on track to be the next chair of the federal reserve after being approved by the senate banking committee vote today by twenty two to one with only one democrat democrat senator elizabeth warren opposing the nominati

i'm part chilton this is boom broadcast around the world from washington d.c. coming up the organization of petroleum exporting countries has agreed with them their one point eight million barrels per day production cut through the end of twenty eighteen have the cuts had any real impact on raising oil prices and what does the future hold for the u.s. and global oil commodities and how might that impact consumers how might it impact you we'll drill into it with tyson slocum plus we'll examine how sexual harassment allegations are affecting the entertainment industry then the u.s. securities and exchange commission's new cyber unit jumps into action its first target and initial claims offering by a canadian company we'll talk to alex mahela veggie about the latest but first let's check out the news stories topping the headlines. jay powell is on track to be the next chair of the federal reserve after being approved by the senate banking committee vote today by twenty two to one with only one democrat democrat senator elizabeth warren opposing the nomination the

up over the hills of the downs and chiltons, a few patches of light rain or drizzle tending ease awaythursday morning. some damp weather as well, there or thereabouts in northern ireland. but further north in scotland, for many areas, it's a dry and bright start to the day. high cloud in the sky and there should be some hazey sunshine coming through that across many areas. through the rest of thursday, this wiggling weather front is going to push its way a little bit further northwards and eastwards. it's just going to stay cloudy for most of us. the cloud perhaps thinning a little bit through the afternoon, to allow brighter spells in the east. but always, the thicker cloud across wales, north—west england, northern ireland, threatening some spots of rain. the brightest weather across scotland but this is where we've got the slightly cooler air. temperatures 6 or 7 degrees in the north. otherwise, for most of us, it's a day of double—figure temperatures. and those mild conditions continue through thursday night and on into the first part of friday morning. the cloud though is going t

bitcoin with bart chilton, former commissioner. tyler, see if he thinks the governments are going to ultimately come down on your favorite bitcoin. >> thank you. >>> the big story in washington, watch closely, meantime on wall street, will there be a deal to keep the government open in two hours, senator charles schumer and representative nancy pelosi or as the president often calls them chuck and nancy, will head to the white house. eamon javers is there. and kayla tausche from capitol hill. >> chuck and nancy are coming to the white house meeting with paul and mitch, the republican leaders. all on a first-name basis. the big four leaders a bipartisan meeting they couldn't execute last week because of a flap over the president's tweets democrats pulled out of the meeting, but a lot to talk about and are back today including this government shutdown showdown some fighting on capitol hill over exactly what they're going to do here with a two-week extension. so-called continuing resolution, whether they want that to punt from tomorro

ledger except it's distributed worldwide which means it can't be hacked and if at some point bart chilton decided to sell richard sand or one hundred shares of apple we could theoretically do. on a trusted public network so i don't know what it'll happen barred but i do believe we are well into it and there will come a lot faster than electronic trading ok. before we go i want to get to the juiciest part of all of this i want to get to the american financial exchange this is your a series serial entrepreneur or doctor entrepreneur and what tell us about f.x. and what's going on there. a fax was born in two thousand and twelve as a concept that was based on the fact that london as live bore europe as you're aboard china even has jibe or there's no american interest rate and the benchmarks were all polls as opposed to real data so we set up an exchange where banks and non-banks could borrow in lend from each other over night and this would be called a marable or that particular rate would serve mostly small to medium sized banks bar you and i know that the small to medium sized banks have a