so if apple says we are not going to do a vr headset, we are going to do an ar headset, that that is the plans to the other companies. julia: if you are not able to get to las vegas, we have you covered. carol: we talked to editor nikki eckstein about when and where to travel in 2018. nikki: we always look at the year ahead, hotels we are excited about culture events we , can't wait to get to, museums, institutions about to open and change the landscapes of the destinations. we are looking for places that are sort of in in -- in an evolution, places right here, right now perfect timing. julia: but i love the fact you make a calendar and say this is the best time to go to these places. that's one of the critical choices, where to go where. nikki: 100%, so we know everybody has limited vacation days and we want to optimize all your time at home and we want to help you do that. the story in print is online. we have pulled data from travel specialist who are experts in each of the destinations we have chosen. they have given us a sense of when is the peak season, the shoulder season is w

those are roles that are currently in process and rules we are thinking about. it demonstrates the magnitude of what has been halted or postponed. it also shows that what the administration is doing is carefully reconsidering the direction, the scope, and the content of many proposed regulations. across the government, we have regulatoryated 22 actions for every one new regulation, a ratio that far exceeds the 241 the president one the- the two for president called for. 's owning to oira calculations, we have had a total net savings of over $8 billion. to provide some context about what this kind of production , regulatoryrically costs have increased in administrations of both parties. in the previous administration, during just there last eight annualizedy imposed regulatory costs of over $15 million. we are planning to continue this ,n 2018, for this fiscal year agencies are committed to overing regulatory cost by $10 billion. how we been doing that? i have gotten questions about implementation. these are significant reforms we have had to put in place and we

we are at $52 now on -- $38, $39. we are at $52 now. it is different in terms of large cap. ,e do not think that long overweight large caps, or short, underweight short caps were going to help. we shifted things around. you need to have u.s. economic growth, domestic economic growth meaningfully increase. our number is 2.9% for gdp this year. some people are calling for even higher, but i think you need to see at least that. of gdp in the u.s. comes in at 2.4%, 2.5%, small-cap is not going to be the outperform or this year. scarlet: i like how you are talking we are shifting between skepticism and optimism and moving in the direction of optimism. earnings season began for the fourth order, and in the coming weeks we will get a lot more results. if there are any expectation misses, and those are quite high, do you expect people to forgive pretty quickly, meaning they will look for the silver lining and continue to bid shares higher? scott: i think the last couple of quarters in 2017, the second and the third, people were paying attention

are and we are a bigot. what: i was responding to the caller was referring to which is why it went in those terms. that is one way to frame it. the point that you make is a point that i have heard from other people as well. that people it came to the country illegally and followed the rules and are sometimes among people who resent illegal immigration the most. iey say i came here and waited in line and i waited my turn and i learned english and why shouldn't other people have to do that also? so i think it is a powerful argument. the assimilation requirements any less stringent now than they were 30 years ago? guest: i don't think they are but i don't think that's what she was getting at. less that the rules and more at that we say we need to pass laws for them and help them when they are not doing what they need to do to assimilate into our country. i think that was the argument she was making. host: >> for the sake of a better world. but i say again and again and again, that i put those it for our own ame

here are some of the messages they are chanting today.ut to the streets. they've come out against the leader. political prisoners must be freed. independence, freedom, rainy and republic. neither gaza nor lebanon, only for iran. let go of syria, think of us. we will die but will take around back. don't be afraid, don't be afraid, we are all together. in reference to the supreme leader, "feel some shame, let go of the country." those are not my words, those are not the words of the united states. those of the words of the brave people of iran. now the iranian dictatorship is trying to do what it always does. which is to say the protests -- the demonstrations are completely spontaneous. they are virtually in every city in iran. this is the precise picture of a long oppressed people rising up against their dictators. of the international community has a role to play on this. the freedoms that are enshrined in the united nations charter are under attack in iran. it dozens have already been killed. hundreds have been arrested. if the iranian d

mark: here are the top stories we are covering. equities taking cues from the bond market today, selling off in raising questions about whether the strong start to the year will continue. theresa may paris to head to china -- prepares to head to china. debates over brexit and the nation's future. we will bring you highlights of our conversation with the chief ext of mifid euron and currency. we are down for the fourth day in five. stocks are lower, led by luxembourg, greece, norway, spain and ireland. ascento continuing its to the highest level since 2014. sovereign bond yields, commodities, ubs your final three columns. -- best annual results since 2011. the election of emmanuel macron combining with that global it is in confidence -- being bolstered by macron's economic reforms and tax cuts implemented by the previous administration. growth at 1.9%. far above the .8% average through in the 10 years 2016. we have some stories to tell you about today. in 9% increase in fourth-quarter adjusted profit,, narrowly missing estimates. or

changing over time are right now. there are books that are coming out.there's a lot more media coverage on this type of things. are you still see it as we saw a really long way to go. >> i would say that it would require for it to change the book is saying that these companies are antidemocratic and they are against democracy. how do we correct for the them to head wheelchair access and ideally we have a democracy where they get to express their opinion and that's how you represent people. there was the hearing that the senate had about the top lawyers. and she was explaining to them very patiently we live in a representative democracy. >> that's how we do it. how do you ensure fairness. i remember hearing it said that the japanese if there had been a japanese american representative it would have happened. you need to have some political way of correcting these things. as long as there can argue that they will self regulate. it won't change. i'm optimistic that there could be some sort of a wave election that will present a new path but i don't think ha

it is a big problem saying we are going to forgive people that are here illegally while others are trying to do it legally. watch and be careful what we are stimulating, the arrivals illegally. then, we need to solve the problem also. so that's basically the core of the goodlap bill. it ends chain migration. it also ends the visa lottery system and has an element of e-verify that may have been pulled out. elements of border security and i think the nation wants to secure the border. so that's kind of the core principles. >> as we said, democrats view this as a hard line approach to immigration. are you concerned at all, though, that putting forth that legislation, having a vote on it in the house is detriment to talks over what to do with the daca participants? >> no. it is a solution to the daca. why would it be detrimental? right now, it is not the hard line at all. the precise line says that you follow the law. the law says you have to go back. we have examples of that occurring. amnesty is the other extreme. again, i think that the approach to give kind of permanent status without cit

we are not insane. these are facts.ng to talk to an actual journalist who has been working on that for a while exposed that secret program in the "new york times." stay tuned. ♪ ♪ if you have moderate to severe plaque psoriasis,... ...isn't it time to let the real you shine through? maybe it's time for otezla (apremilast). otezla is not an injection or a cream. it's a pill that treats plaque psoriasis differently. with otezla, 75% clearer skin is achievable after just 4 months,... ...with reduced redness,... ...thickness, and scaliness of plaques. and the otezla prescribing information has... ...no requirement for routine lab monitoring. don't use if you're allergic to otezla. otezla may cause severe diarrhea, nausea, or vomiting. tell your doctor if these occur. otezla is associated with an increased... ...risk of depression. tell your doctor if you have... ...a history of depression... ...or suicidal thoughts,... ...or if these feelings develop. some people taking otezla... ...reported weight loss. your doctor should

these are very reasonable things that we are asking to tie together with any daca solution and we aresking for a democratic colleagues to get more reasonable and start negotiating with us in good faith. >> others on the senate side are rejecting a house proposal and hoping that they are getting closer to a deal. >> we are working as hard as we can to find an agreement that both sides can live with. the only folks who did not get the memo were some house republicans who continue to push hard-line immigration bills that are outside the scope of the negotiations. if speaker ryan is going to listen to the hard right in the house and coalesced behind bruce objectives -- representatives idea behind daca, no deal. >> running out of time next friday night, democrats want immigration as part of that. some have suggested that a realistic timeline for immigration might be at the end of the month. >> dana: what about the drama earlier today about reauthorizing that's a key component of the foreign intelligence surveillance act? >> president trump said out some tweets this morning leaving some law

the waiters are in suits. but they are nice.unky and the environment is not stuffy. it is not like, per se, you are feeling like you are in a church. not that way. it is an involved version of the restaurant. it's called redux. carol: and it costs more. [laughter] >> yes. the proof is in the putting because people are buying these expensive dishes. so, like i-96 dollar dover so. people are spending $500 for a crab at the restaurant in manhattan. people are really going for it. carol: you talk about nonchalant elegance. [laughter] so, and a la carte menu, no burgers. >> for the past 10 years, it seems like no restaurant is complete without a juicy burger that has to go on instagram. and these new chefs are like, no. no burgers. we are dressed up. carol: i like how they said, not a lot of greens on the plate. >> there was a scandinavian trend of burning everything on the plate and flowers and leaves and things, and that's a little fussy and over a top at -- and over the top and that is also not part of this trend. julia: midsummer

they are below.i said, what is the most dangerous thing of being on the border is when i leave laredo, texas, i fly to washington, d.c., and washington, d.c., has more murders than my hometown of laredo, and if you are looking at the violent crimes which is rapes and assaults and that, and the national crime rate, you will find it at the border lower than the national crime rate. so there are a number of fallacies, and people are saying, the wall, the wall, and it is a winning argument for the president president. it is a winning argument, but it does not make sense. it not a memo they put out, but the budget request where they took money from the national guard to go over there to build the wall which is the most ineffective way of ogetting there. and i will finish up -- >> well, what you are saying is that you trying to find the middle ground to make it a win-win for everyone to address the concerns about the border security, and address the needs of the dreamers and even down the road, because the

there are real things that are different.terms of having a legal job and paying taxes, they live like the rest of us. host: how do you make sure they don't vote? you are supposed to have proof of citizenship when you show up to vote. there as near we can tell than isolated abuses, but they have been very isolated. colleagues of the american dialog have surveyed and find voting is not something very high on people's radar screen. they want to be here to earn money and raise their children, they are not terribly interested in the voting side. they might if they became citizens one day. guestgreg is next for our in virginia, independent line. this guy seems like he's playing it right up the middle until the last comment about the remittances that go back to south america and other countries. whether they got it degree in some uselessly not helping the country. , i'mthey get to voting age sure he's here to help out all the other immigrant friends. 90% of them will probably vote democrat which will bring the country down the commu

congressman, are you okay? >> yes, we are.e were traveling probably at, i would guess, 70 miles per hour. and we're probably in the fifth car back. there was no derailment. but there was what i would call an 18-wheeler on the tracks. evidently one of the persons in that cab did not survive one is in critical condition. but the members of congress probably every single one of them one way or another hit probably the seat -- there are no seat belts and i'm not suggesting there should be. >> sandra: what can you see from where you are sitting? did you see anything before the accident? >> no. no. there was nothing. but once again, there was probably three or four cars in the engine ahead of us. what we can see now and there are pictures of the internet of the truck that was hit. it looked like it was compacted trash, like corrugated stuff all wrapped together. but there are now probably 25 emergency vehicles here. we have had several members who did need medical attention. and we are moving forward. we just checked each other. we

-- our fans are.their tech platform, have really significant advertising opportunities that we -- it's going to supercharge the strategy that turner has been on. at&t's directv subscribers and its tens of millions of mobile customer relationships will provide us new and innovative ways to get our content and products directly to mobile customers. i believe the next five to 10 years the fastest growth in video consumption will be from mobile. those are going to be the priorities. drive advertising. make it addressable. find out who are fans are. reach more and more people over more and more devices. emily: there are major regulatory challenges, however. disdain --oes cnn's does trump's disdain for cnn play in this deal? john: it would not be right for me to speculate. we are focused on running turner. we have teams of people working diligently and hard to make sure the deal closes. we are planning for that day to happen. we can't wait to get going. emily: fox news and msnbc have made gains on cnn, larg

we are not familiar with anything in the c.r. the democrats are opposele. in fact, they champion and support the chip program. this will reauthorize it for six years. i believe the new study says there are 9 million children getting health insurance through that program. the reality is we will jeopardize payments for our military, troops and those serving on the front line of our country, customs, border patrol and i.c.e. this is a serious issue. we are frustrated, obviously, because mick's job is to submit a budget to congress. let's keep that in perspective. mick does that in february. congress has months to complete appropriations process. the fiscal year ends on september 30th. we are now in mid-january. it is frustrating to all of us we are in this position. what's unclear is what is it the democrats are asking in order to get out of a shutdown? it seems they are hell bent on getting to a shutdown. we are anxious to make sure our troops and those serving on the front line of our country continue to get paid. >> mark, a couple things on that. i think we

these are places to be excited and there are still places to find stocks that are not expensive. >> what do you think. >> the one thing i will say again, the vix -- i understand what pete is saying. down 300, up 300, the vix is reasonablebly trading where it should tomorrow shapes up as a fascinating day. >> what do you do. >> i'm buying thing that i think are going to participate in that next wave. i think if you want to protect yourself dan says it's doing the roll off on friday worthless but you are not net shormt i think this is a great place for people to be defending long positions >> i did panic before the market sold off and i out some shorts semis had been trading around it of the it feels irrational. >> my discipline had me selling mr than buying in the last couple of days one of the names i bought yesterday was intel. i think it's cheap i think when i look at the growth prospectives they have got and the acquisitions they have made, and when they repatriate that will give more money to do more m and a i think there are names out this that aren't inflated and insane. that's one

here are the top stories we are covering.etump is to hold a joint news conference for the prime minister of norway. what will they say about the future of nato, and their views on energy markets? and what he wants for the tech giants. why a fix has been so long in coming up. we are one hour from the close of trading in the u.s.. julie hyman is taking a look at markets. there is breaking news on nafta. julie: first the currency side of the picture. officials declined to say whether the chances of that withdrawal notice is more than 50%. officials are speaking on the condition of anonymity. nafta talks were set to resume in montreal on january 23. there is a spike in the u.s. dollar, versus the canadian currency. also seeing a move in the mexican peso. this is the dollar versus the peso. we are seeing in companies that have relationships that are across the border. manufacturing companies, as well as railroads. , all of these in the red and all of them taking a leg lower after these headlines. thee is a ripple effects to broade

they are describing it, we are saying it.response because we have spoken to the company this morning. shares have pared some of their initial losses. we have spoken to capitec and are waiting for a more detailed response later on. cfo has said " nothing that i saw lori's me. i am not worried about this. -- worries me. it is very surprising that someone writes a report who knows nothing about us. there's a total lack of understanding of what we do. we don't make fees on reschedule loans. there is a total lack of understanding of what we do. we don't make fees on rescheduled loans. what is your response to the response? aaser: it is basically valiant enron response. we understand the business because they present all their information to investors. we don't have to contact the company because the company is saying what we did -- they do. pr and road shows me nothing to the reality of the company. we don't believe simply what they are saying on their pr and roadshows. i just want to ask a quick dostion about the way you your bus

are are there enough of them? there is a -- in michigan the kellogg foundation which just launched major initiative they're calling truth racial healing and transformation, and they have made a commitment to spend millions of dollars to try to work with communities who want to mobilize. now, i can see this skepticism on your face. and -- i want to acknowledge that. but at the same time i think -- fnlings my family is from michigan, and there's lotses of stories in michigan. >> a lot of stories everywhere but that's not the point but there are people who are trying to mobilize are there enough? it is kind of like you know about when -- trying to length them altogether. >> actually that's what kellogg is trying to do can one -- >> last two question. can one foundation do it all it is of influence but what i want to say that i think is really critical is that -- you know, for the white e people who are many audience and white people who are watching the television i want to say that we should all appreciate and recog

we are there.we have got an emergency team are trying to get registered which is taking a bit of time but is a real time to mobilize to support the bangladeshi government and people and dealing with this challenge. i think it is important also to say that there is a debate whether or not these people are should be in a particular camp or island. all of our experience is that when you separate people from their host community, then it being long-term funeral home for dreamers is what i call it. and so, i think we have got to try and make it a win-win. where is a win for the people and also for bangladesh. >> in this country, as i'm sure that you have seen, i'm sure that you have seen that refugee equals muslim and the focus is on ithat issue. we have an extraordinary number of refugees coming in here from true crises in honduras, nicaragua, guatemala rate on our board is purely of sanctuary city problems which may be if you live in texas you would know more about. when you get very little knowledge

here are the things we are going to work to which only against them you are the outcomes we are goingto deliver for the president, for the country and we have prioritized it. i know you talked about this a little bit. i ran the oil and gas industry before i came to congress, the last job that i had before i ran. i worked with drilling oil and natural gas. best companies in the world come the smartest engineers, most talented people and they drilled dry while all the time. they didn't punish the engineer who made the choice. but at the next morning tried to do a little bit better to make sure the next one returned something. i want to create the culture here at the cia, too. if we are going to do it right, we are going to have failed mission. it is inevitable almost by definition if you move out on the risk profile, you will increase the number of times you will have failure. we are going to do that and we are going to make sure that people are punished by that, but they are rather recognized for having operated against the target sense in having done something incredibly audacious. if

consumed are consumed. rarely have to deal with demand. we deal with them and you've done something. dealing with the dealers is helpful but it's not a cost-effective way of dealing with the drug problem. you haven't heard that with the opioid trouble him. let's go are you in the trump administration on the same page in dealing with these issues? >> guest: $3 trillion since the war on drugs? he got to reduce demand and having said that hardened dealers i mean the big kingpins they think there should be repercussions serious repercussions that but that's part of what we are trying to do is preserve the prison stakes for the bad guys and not throw the first-time offender in with those folks in waste resources. >> host: lives is a new jersey democrats. you are on with congressman bobby scott and jason lewis. >> caller: hello. i am in support of criminal justice reform especially for the massive inmates that are incarcerated at the state level. i have spent 15 years teaching in a new jersey state prison cell i

we are not here. we are all immigrants. we pay our taxes and we cannot afford to have you admitted here and take on your expenses and have the u.s. government impacted. reaction on twitter. let's take a look at a couple. this one is from sally who tweets the democrats should take the deal knowing that trump will be impeached or indicted soon and then a new deal can be brokered. says the democrats are reeling and richard rogers says republicans time to choose between trump or country. connie is in new jersey. been in the country more than five years. good morning. i have been here since 1957 and immigration has changed a lot. in 1957 when you come from europe it was very easy to come here. it was the kennedys who changed that. i know they are not supposed to come illegal. but everybody is looking for a better way of life. here and who immigrate to oury good -- officials in the government -- this goes to the people they want to bring here with higher education. andmother came from russia he didn't even speak a word of english

in terms of where we are, we are no closer than we were.ot move the ball forward. even if it does pass, the senate does not have enough votes to pass it, what has to happen? cave.eone has to one of the things we are trying to figure out is what the ask is going to be. what the fallbacks are going to be. to should look for people talk about whether there is momentum for something that is a stopgap kind of measure. lawmakers talk about something in the neighborhood of five days. we are not really quite sure that is going to solve anything. wet would be movement to say are going to try to do something to prevent a shutdown at midnight tomorrow. short --his is the kforce short-term spending bill of the fiscal year. the white house has to be disappointed they keep kicking the can down the road. >> washington loves sequels. we don't really have a great idea how to solve this stuff long-term. there is a lot of division. one of the problems you have come of this spending did eight -- debate has started to encompass a lot of rings that are not the s

the governors are going to go crazy. we are all working, we are entitled to unemployment. when you shut someone out from work, they are entitled to collect unemployment. thanks for taking my call. host: right now, our crew is out there. we noticed the u.s. park service about the funding lapse and how it affects the national mall. those are some of the signs that visitors to the national mall will see today. we are talking more about the impact of the shutdown and what people will see or won't see. we are talking to the senior correspondents o. as long as the government shutdown continues, spacex won't be able to test fire the new falcon heavy rocket. him they need permission from the air force to do that test. conductnot help spacex the firing. flight was targeted for the end of january. stick around and give us a call if you are a federal employee especially. we want to hear from you as we talk about the impact of the shutdown. rich is in ohio on the line for republicans. caller: really great comments. it seems like there are two big events going on right now, the super b

not talking about these are not working class women these are not poor women these are not women of different abilities in. these are not women and they are not talking about men who live in the inner cities in france who lives in various communities in europe who are vilified with this. yeah but it's also important to recognize that in europe brown and black men are accused of increasing the rates of rape because they want to rape white women so i think this letter was very dangerous and i think that this kind of position is exactly why hashtag need to has to move out from these absolute white hollywood actresses you wanted to come in mona i want to support you with that you know this is what the privilege women even talk about in our own country is that you know all this never happened to me i've never faced any kind of discrimination what are these very activist talking about these families are really trying to ruin the relationship in family getting the family i think need to campaign is extremely important in one sense that it has at least given the kind of why you believe that

these goals are comprehensive, these goals are long-term in these goals are nonpartisan. using america's goals as a guiding framework future now seeks to support candidates who signed a pledge and endorsed this broad agenda so by signing the pledge candidates have access to donor pool, network like this, training, education and more. why me? why did i decide to do this project? most of you who know my family's last name associated with commercial success and pillage. so be it. but my family actually, if you look back, is a typical 19th century european immigrant story of my great, great grandfather clean persecution in what is now geographically the ukraine to come to the united states. he documented that journey in a book that i actually have here with me today. niclas arrived in the united states at the age of nine. no resources, no understanding of the english language, no relationships and eventually became a pharmacist and then became a lawyer and no law firm would hire him. he was jewish so he decided to start his own called picture in picture and over a century lat

we are seeing a.m. tour deal making skills from supposedly the master strategist. >> it's almost a guarantee that democrats and republicans will spin it in different ways. they won't want to say anything about funding for a wall and republicans will. instead democrats will focus on securing the border. as far as republicans go, the question is not necessarily is there going to be some kind of volition around reaching some deal around immigration, but it's going to be timing. you talked to folks who are especially the more vulnerable house republicans who are worried about this being punted. they were promised this would be dealt with as soon as they got back to congress and they are feeling like it's going to be separating out the funding for the immigration issue. the closer they get to november, the harder they feel like they can run on the tax cuts they voted on and because they know there will be a lot of reports about people in their districts, their constituents and losing their jobs and fearing d

find out who are fans are. -- find out who our fans are.d more people over more and more devices. emily: there are major regulatory challenges, however. what role does trump's disdain for cnn play in this deal? john: it would not be right for me to speculate. fortunately for me, we are focused on running turner. we have teams of people working diligently and hard to make sure the deal closes. we fully expect that it will and we are planning for that day to happen. we can't wait to get going. emily: fox news and msnbc have made gains on cnn, largely driven by sean hannity and rachel maddow. what can cnn do to buck that trend? do you think this moderate model is sustainable? john: i think cnn's model is sustainable. if you look across the three networks you mentioned, all their ratings are up. cable news ratings in 2017 were the highest they have been in years. yes, depending on the particular climate and depending on what the particular subject matter is, it might be possible that msnbc does a little bit better or it might be possible fox ne

i said you are, you are the future. ♪ >> i'm have proud of baseball and the way they are working with youth, both boys and girls. >> if you want to have that in the community and african american community around baseball, this is where it needs to go. >> this is something that is just positive for the city and community. people are excited, they've been waiting for this and i think this can get better. i think it's going to grow. >> play ball. >> that's spectacular. play ball. we have the commissioner of baseball with us. he's going to make an announcement about 2018 and the years ahead. mr. commissioner, thank you so much. [applause] while i was sitting up here getting ready for the lunch to begin, i realized that i actually became the commissioner of baseball three years ago today, i'm not sure how i lost track of that date. but from day one, one of most -- one of my most important priorities is to increase the engagement of young people with what we regard to be the greatest game in the world. shortly after i took office, doug palmer, the former mayor of trenton and former preside

people who are actors, they are still people.hey have livelihoods that they are try to protect just like we are trying to protect our livelihoods if we worked on a factory floor. they are no different than anyone else. they are not going to come out and because of their .ivelihoods, just like people when people do come out, look at what happened in alabama, none of those women will hardly -- were even believed by republican voters. take you for giving me this opportunity. caller: the president has yet -- host: the president has yet to tweet about the golden globes. a few tweaks to keep you updated on, including this one. the president had promised the fake news awards will be taking place today pretty sent out a tweet yesterday that his fake news awards, those going to the most corrupt -- we will keep you updated on what the president tweets throughout the morning. this is the time of day where he often tweets. when it comes to news media, oprah winfrey also had plenty to say about the press and also its role in the country. the

are just coming in.ee 26,000 soon. >> i remember when 22,000 was huge. thank you. >>> let's check in with sal and a look at your friday morning commute. >> good morning, we do have traffic getting a little better on some of the commutes. it is pretty steady at the bay bridge getting into san francisco. the fog has just become thicker this morning at one point we could only see just pass this parking lot. the traffic is backed up for 15 to 20 minutes but some of the other commutes have become better. on the san mateo bridge or the dumbarton bridge, those are better. 237 is slow driving past first- rate getting to first street. as you can see we have traffic that is going to be okay on the peninsula. traffic has been slow in san mateo. a much earlier crash has been gone for a while on the 101. i would use 280 instead. is 8:46, let's bring in steve paulson.>>> the fog is beginning to lift a little bit but that is the big story for many. there were a lot of reports of fog including parts of the coast. linda

these are the american people. if you look at where they are, they are all over the country. niall: i'm curious. it made the argument several times about the power of the people giving voice to the people and all of that. you are obviously someone who has enjoyed a lot of success in business. you are yourself very wealthy and that enables you to do some of these things. where do you stand on the importance of money in american politics? does it still have too much influence? tom: oh my gosh, yes. it is killing us. money in politics. niall: but you are spending quite a lot of your money, correct? tom: we are and i will address that. let's start with the tax bill. it is a pure response to republican donors. it supports the richest americans at the expense of everybody else. the american people just had a steamroller the right over the head in order to deliver money to the richest americans. is there too much money and politics? today is proof positive there is too much money in american politics. my original response is i want no part of it. then i realized these are the rules

there are people who are not afraid to touch third rails. tois not because we want promote for the sake -- provoke for the sake of being provocative, it is that we do not want to shy away from addressing the difficult and complicated questions. was -- washington goodell washington -- sedenzel washington was asked if it is possible for blacks to improve environment. he said if you do not find a father, you find a father in the streets. in on theed to weigh criminal justice system he gave the same answer. blamed that you cannot the system/ . it is unfortunate we make such a easy work for them. washington took heat for those comments. plays ao doubt racism role in racial disparity we see today. i believe other factors play a r ole. the question is to what extent does racism explains these outcomes? and unemployment in other areas. other factorse to we do not discuss? answers impact where we focus our time and resources. some are so eager to attribute racial disparities to the legacy of racism that they play down other plausible explanations. th

they are relevant forces are absolutely but i don't believe that they are able to create any kind of alternative for europe. so i feel like all that we just talked about the turn it forces to practice it has created sort of a tough consultation between the pro e.u. faker's forest as martin schultz says of european constitutional treaty should we propose to member states and those who refused to sign should just leave your opinion i mean do you feel like this sort of a stick before the carrot approach will help consolidate european union i don't believe in that and i think mr should should ask why his party was not that popular in germany i think that that is my personal opinion that europe should analyze very carefully why we had these difficulties we faced and actually why europe as well is coming out of that crisis now if you look at the last three four years the us european economies have been growing faster than the united states since two thousand and fourteen the e.u. has it it can be growth rate has been higher than in the us and it's not poor coincidence it's because of the f

up,ars are up, yields are we might just see gains early but that being said there are also concerns that of these markets might just be a little bit overextended. this is going back to 1999, if you data points, we have inflation coming through. we are watching a lot of these key currencies and it is chinese, thishe is what they call the countercyclical factor. that is a wrapup your markets over this wednesday. i am david in glass. -- david ingles. >> this is bloomberg technology, and emily chang. says it is one of the security flaws could slow down some servers and pcs. the statement suggests the slowdown could be more substantial than they previously indicated, intel confirmed its chips were vulnerable to hacking. the chips are used in more than 90% of laptops and 88% of desktops, another story we are watching is there strategic alternatives and letting a potential sale. according to people familiar with the matter, they are under pressure from elliott management, they had said they would seek talks to improve shareholder value. they're working with morgan stanley as an advisory. one of

what we are seeing is a number of strategists are saying they are expecting volatility to increase. .mic strategy said a rise in strategy will pay off and we will see less global macro conditions. the fed is expected to tighten more in 2018. ramy: we are looking ahead to the fed minutes as well. thank you very much. bond traders see the specter of quicker inflation in the sweeping u.s. tax legislation. still with us is joshua crabb, head of asian equities. he thinks of the greenback is quite oversold short-term. any tax cuts will flow straight through to earnings. let's talk about u.s. dollar now. hop onto the bloomberghop onto , guys. because with this, we are taking a look at the performance of the u.s. dollar. take a look at this big white bar falling down, down about 10% for 2017. up 9.7%. joshua, talk to me about what you expect for 2018 and possibly how far this might go. saying theyanyone think this is going to rise. take a look at this big white joshua: i think -- if we go back to the beginning of the year, expecting a strong u.s. dollar, expecting u.s. rates to pick up. the f

they are kind of the game changers. 9% are curators of content, they share content. these are like the soul pancakes of the world. 90% are passive consumers, consuming that information. the idea is how do you get that 90% to move and be motivated. that's why talk about this manhattan project blue parent because that's where a lot of these organic stories are. that's the content war and that's what you need to mobilize. >> had a question about law-enforcement today from dhs all the way down to local law enforcement. what parts of this do you think they are getting and what part do you think they could improve themselves at the local level. >> i think there's a recognition in terms of what are law-enforcement and i have a lot of respect for field agents that the cases they're dealing with tend to be very immediate. if i take part of what i said is a public health approach and a highly local approach, it really is a city, we have to think about this in a citywide model. it's not a cookie-cutter approach nationwide, it's about city to city in a lot of ways. i think the s

still, there are obstacles. sometimes there are interventions.ot 100% predictable kind what kind of regulatory changes you have. there are also obstacles to .sing the renminbi in order to make it an even more used international currency, more needs to be done. renminbi does not have an anchor currency status, as the u.s. dollar or the euro or the yen. reporter: the biggest obstacles would be the restrictions they have on the trading band and also in the capital controls. andreas: yes, but the international use is increasing, because the trade lanes with china will intensify. also the fact that now foreign ownership has been liberalized in china. for example, you can know own up to 51% of the financial institution, not only 49%. all of this will make renminbi a more international used currency in the future. reporter: is this a plan being put forward, or is this something that will start accumulating? don't talk about timing and amounts, but we have made the decision sometime time ago, and we will execute our plans. we will do this very closely co

we are almost nothing. >> you are still small. >> right.pand in china and we are very much committed. >> so what is involved in expanding the footprint? how do you gain a bigger presence? >> we are going to e-commerce. as well as the -- so we penetrate our brand. >> it has been four years since centauri bought jim been. is it time for another major acquisition? >> we are doing very well. integrationase of is so successful in terms of overcoming cultural differences, and we launched a incorporated a cooperated product. the second phase is we want to brush up and go to the more emerging markets, like china mentioned earlier, mexico -- whatever happens to nafta -- and asean countries, india. >> the liquor industry keeps consolidating. just this week, mccarty bought petron. >> we are always checking in our radar. terms, we are better, in for example, of bourbon. we are the key leader in the markets. so what i am trying to do is we want to be well-equipped with, you know, the acquisition skill set. that is what we heard to make in them.of integr

our students are reflective of the communities they are in demographically and are incredibly diverse by design. they rank among the best public schools in america by almost every measure that there is and we are most proud of achieving our mission of preparing one 100% of our students regardless of their prior preparation or background for success in college. 99% of them are accepted to college each year. and, a few years ago we realized that wasn't nearly enough. college acceptance doesn't actually equal readiness or being equipped for living a good life. : that led us to a place of collaboration and so it turned out that the work that we were doing was interesting to people across the country and like a tom we have literally thousands of people visiting us each year and saying we want to be doing what you are doing. you created these tools you have developed these process and can you share them. three years ago we started sharing and we developed will call the summit learning program. the program has four components to it. the first is the technology platform that we have built. we

there are winners and there are losers. as steny mentioned, our kids and grand children are going to lose. they will lose as they wrestle with how to address this deficit and this growing debt. $1.3 trillion in permanent tax cuts to corporations. only meager, and temporary tax cuts to individuals. finally, let me just follow up, chris mentioned that the maryland delegation, i will close with this, sent a letter to governor hogan. he said, in december, that he is going to address it, but typical of our governor, no details. so we provided some suggestions because some other states who are similarly situated such as new york, california, new jersey, high income, median income states, like maryland, have a number of proposals allowing their tax-paying residents to make charitable contributions to the state, to offset taxes. that is a proposal because there is still unlimited ability to deduct for charitable giving. there is some precedent for that. another proposal, since individuals as, we're talking about are limited in the

breaking members are recognized. -- ranking members are recognized. time, ie interest of will simplify by saying this is enormously important. there are a lot of concerns at the pentagon. there are two big issues. one, we are in a time of very tight resources and great needs. we have to get everything we can out of every dollar we spend. there are many issues this committee has covered the make this clear. secondly, if we cannot explain where we spend the money in the pentagon, we are failing in the first mission. i know it is a lot of money and there is big bureaucracy and a lot going on. we ought to be able to do an audit that tells us where we are spending the money. it is that simple. mission.he pentagon's i want to specifically think mr. conway for his great leadership on this issue. who knew having an accountant on the committee would be critical? we should have known that. we appreciate his leadership and and we would feel great if at the some point this year we could say the pentagon has been audited. close and we can get there. i look forward

peter stocks are trading. -- future stocks are trading.ave the bloomberg dollar index, another bush lower, fore the fourth day. the market is adding to their positions. weeke looking at the fifth of a push lower. we are seeing equity markets trading at record highs around the world. the u.s. equity futures are open, though the cash market, 2793 in the u.s. four rate hikes in the u.s. from the fed. the stock exchange was evacuated in indonesia earlier today after the floor at level one in tower two collapsed. go to jakarta. what is the latest there? >> well, we just got confirmation from the police that the assailant was not due to any bombs or attacks. it was definitely the floor on top of the main lobby that collapsed. the reason for this is unknown. obviously, trading was interrupted at that juncture. that has been reinstated? give us a sense of the impact? >> they happen to during the break. so it at the lunch break, did not interfere with trading. they plan to delay the second session by one hour. so, the trading has resumed. dci opene

others are open. we are getting more upside. sophie: we are seeing this rally mature nicely. the earnings season and economic data that helps to reinforce this global growth environment. then stocks building on highest since 2016 and the kospi at a high despite jawboning regarding the korean won strength. it earlier breached that market in anticipation of those talks, but the government warning about one sided moves the met with certain -- stern steps. sumitomo mitsui breaking the trend of a stronger won won't change. korean terms of trade have deteriorated to the worst level in three years. we had slowing factory activity last week, so the debate could be weather this is a bump in the road for the korean won or it can reach that 1000 level. david: speaking of levels, we are talking about the won, and the jury is still out whether we get there. we are not surprised that policymakers are talking about because ofthe table the currency strength. the malaysian ringgit-dollar below four, the baht because asn the mix. sophie: there are concerns what that might mean for equity gains

first, april, they are making the calls. they are getting ready.hat's a responsible thing to do if you are 24 hours away essentially and really there is no end game even if it passes the house. >> you know, this is what presidential means. and he has to do this. and here's the problem though as he's making and watching what's happening on the hill, and his leadership is making these calls to make sure it's ready, this is something the president doesn't want to do. i'm sure he doesn't. because this again goes back to this president could not get his own party to pull this off even as they added sweetners to chip. there are a lot of things still out there hovering to include budget caps. so many things out there. and the piece about chip but also offering health centers. so this president is doing what he has to do. and even if he says sometimes a shutdown could be a good thing it is never a good thing. because the people who voted for him, forgotten man and any other person who works for the federal government, or has some kind of relation to the fe

are these problems solvable? they are, but they are complicated.e are urge us as thinking about this to look at the human dimension, think about the passion, the art, the beauty, the design that has brought us to where we are. the cities that have evolved as the result of passion, sometimes as a result of economics, but the best -- and this is a wonderful city. this is a great city. i've lived here for 25 years. i enjoy it. i think it's thoughtful, i think it is a very apt view of the american city of the future with cultural diversity and all forms of diversity. i think this is an exciting place to see these things develop. the challenge, though, is not to take a monochromatic view. it's not just about mass transportation. now, will personal cars be where we see autonomy happening first? i doubt it. i think it will be about transportation and about taxis and buses. trucks, deliveries, all of that. except think about a truck. it is a very big high energy system. with something weighing 80,000 pounds traveling at 80 miles per hour and it has signifi

>> if you are white and you are also a bigot, if you are white and are also a racist, then i have read that discuss a lack of understanding in this country -- >> tucker: you haven't heard anybody say in the last ten years, wey have too many white guys, it's just a white guy thing. you haven't seen anything? >> i'm serious. >> too many white guys in here, tucker. >> tucker: i'm serious. >> no. that really wouldn't make sense for the past ten years, since the numbers of white males are decreasing in our country and the number of latinos, african-americans, et cetera, are increasing. i have heard people talking about that balance and how that can be scary for those who are used to being in power. >> tucker: don't patronize me. i'm merely making a point. >> i'm not patronizing. >> tucker: can we agree that it is always wrong -- always, ni matter who is doing it to whom -- to dismiss people, attack them, judge them, on the basis of racial characteristics that they can't control. >> yes, absolutely. and those racial characteristics really are just skin. remember, race is a construct. it is a

if there are issues at this level, where are they are not issues?mily: how serious is this issue in terms of actual impact? ian mentioned we don't know that anyone is exploiting this flaw, but we don't know a lot of things about attacks happening. >> it is a fair point. it remains to be seen. there are some variants that are considered worse than others. there are three in particular that allows people to get access to private data, that is the one being talked about a lot. that is what most people are trying to address immediately. i think you are going to see some of these variations play out. but what is interesting is this has been out there forever, and we are seeing this being addressed now. in theory, there are bad things that can happen, but it took 10 years to discover it. that should give you a sense of how hard it is to exploit these. emily: who could exploit this vulnerability and what would they do with this information? >> i would suggest that those who have significant resources. for example, google has a significant security team tha