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Jun 29, 2017
06/17
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lauren: adam shapiro, thank you.yl: another twist in what has become a big piece of drama when it comes to the efforts to replace about the care one day after senate majority mitch mcconnell abruptly put a vote on the bill until after the july 4th recess. lawmakers scrambling to agree on a bill. president trump remains optimistic while the senate's top democrat is offering a challenge. >> health care is working very well. a big surprise but the great health care package. >> i spoke to the president this afternoon. he and i came up with an idea that's really a breakthrough to separate this into two bills. one would be the spending bill that has been keeping up on the care spending in the moderates want in the other would be more of a repeal bill. >> so i make my friends on the republican side in president trump an offer. let's turn over a new leaf. let's start over. trade you will see that they promised to hold firm senator schumer. a poll released last night, american voters opposed the senate health care bill by two
lauren: adam shapiro, thank you.yl: another twist in what has become a big piece of drama when it comes to the efforts to replace about the care one day after senate majority mitch mcconnell abruptly put a vote on the bill until after the july 4th recess. lawmakers scrambling to agree on a bill. president trump remains optimistic while the senate's top democrat is offering a challenge. >> health care is working very well. a big surprise but the great health care package. >> i spoke...
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Jun 26, 2017
06/17
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adam shapiro has been following anxious awaiting this news as i have. , do we have a dollar amount how much this would cost or in fact save over 10-year period. reporter: apparently the legislation, david would decrease the federal deficit over 10-year period, $321 billion. so this would appear to be within the requirement for reconciliation. that is doesn't add to deficits. now in particular getting back to the number of people that you were reporting would lose insurance according to the score, about 22 million by 2026. but 15 million next year would be uninsured compared with the current law, according to the budget office. but the dollar figure over 10 years. saved would decrease the federal deficit. would be in line with the necessity if they want to pass this via reconciliation, it doesn't add one penny to the annual deficit. david: go to grover norquist, americans for tax reform. president of that organization. grover, 321 billion is a lot of money. as i remember that is twice as much, perhaps a little more so than what the house bill was said to
adam shapiro has been following anxious awaiting this news as i have. , do we have a dollar amount how much this would cost or in fact save over 10-year period. reporter: apparently the legislation, david would decrease the federal deficit over 10-year period, $321 billion. so this would appear to be within the requirement for reconciliation. that is doesn't add to deficits. now in particular getting back to the number of people that you were reporting would lose insurance according to the...
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Jun 15, 2017
06/17
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adam shapiro live on capitol hill. he has the latest for us. adam: you mention the man who is dead identified as james c. hong kin on. the f.b.i. -- hong ki hodgkins . they believe he was living in a white van and he would go to the ymca facility where the baseball park was located. they have not ruled out the possibility of other people being involved. but they won't say he was acting alone just yet. in regards to the five people shot this morning. we have representative steve scalise, he's in critical condition but he's out of surgery. also matt mika, a lobbyist for tyson foods. he's in critical condition. the special agents are going to be fine according to authorities. then zachary barth, an aide to congressman williams will be okay. president trump went on the airways and he was the unifier talking about both parties coming together because of this tragedy. >> we may have our differences, but we do well in times like these to remember that everyone who serves in our nation's capital is here because above all they love our country. adam: we
adam shapiro live on capitol hill. he has the latest for us. adam: you mention the man who is dead identified as james c. hong kin on. the f.b.i. -- hong ki hodgkins . they believe he was living in a white van and he would go to the ymca facility where the baseball park was located. they have not ruled out the possibility of other people being involved. but they won't say he was acting alone just yet. in regards to the five people shot this morning. we have representative steve scalise, he's in...
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Jun 15, 2017
06/17
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adam shapiro live on capitol hill. he has the latest for us. adam: you mention the man who is dead identified as james c. hong kin on. the f.b.i. -- hong ki hodgkins . they believe he was living in a white van and he would go to the ymca facility where the baseball park was located. they have not ruled out the possibility of other people being involved. but they won't say he was acting alone just yet. in regards to the five people shot this morning. we have representative steve scalise, he's in critical condition but he's out of surgery. also matt mika, a lobbyist for tyson foods. he's in critical condition. the special agents are going to be fine according to authorities. then zachary barth, an aide to congressman williams will be okay. president trump went on the airways and he was the unifier talking about both parties coming together because of this tragedy. >> we may have our differences, but we do well in times like these to remember that everyone who serves in our nation's capital is here because above all they love our country. adam: we
adam shapiro live on capitol hill. he has the latest for us. adam: you mention the man who is dead identified as james c. hong kin on. the f.b.i. -- hong ki hodgkins . they believe he was living in a white van and he would go to the ymca facility where the baseball park was located. they have not ruled out the possibility of other people being involved. but they won't say he was acting alone just yet. in regards to the five people shot this morning. we have representative steve scalise, he's in...
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Jun 15, 2017
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congressman dave bratt, among our special coverage continues tomorrow with adam shapiro. good night from new york.. adam: i'm adam shapiro and this is a fox business network special report. now as you know, it has been a disturbing and incredible day in the nation's capital, the number three house republican steve scalise hospitalized in critical condition and three others wounded after a gunman this morning opened fire on them, as they practicefor charity baseball game. capitol police working security at the field shot e suspect who later died at the hospital. he's believed to have been an outspoken bernie sanders supporter who once volunteered for the sanders campaign. according to investigators and witnesses, the shooter approached the practice area in alexandria, virginia, armed with a rifle and a handgun and then opened fire. [ gunshots ] . adam: witnesses later describe the terrifying scene to us. >> i was next in line to bat, standing next to the batting cage when the first shot rang out. second shot rang out within a couple of seconds. pretty obvious at that point,
congressman dave bratt, among our special coverage continues tomorrow with adam shapiro. good night from new york.. adam: i'm adam shapiro and this is a fox business network special report. now as you know, it has been a disturbing and incredible day in the nation's capital, the number three house republican steve scalise hospitalized in critical condition and three others wounded after a gunman this morning opened fire on them, as they practicefor charity baseball game. capitol police working...
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trish: adam shapiro, thank you very much. i would just add that the reason why canada has become such an issue is, don't forget, wilbur ross making the point -- our commerce secretary -- that canada's sending all this lumber to the united states of america, and it's an industry in canada that is completely supported by the government. thus, they can sell things -- lumber -- more cheaply into the u.s., and it puts us at a disadvantage, right? because we're not subsidizing our industry the way they are. so one would think some of these trade issues might come up there with our biggest trading partner, at least one of the biggest trading partners we have. now, as we await president trump -- who, again, is going to be speaking momentarily -- i want to bring into the conversation as we try and think about what he might have to say today about james comey and whether or not james comey, basically, has got himself in a whole lot of hot water, we have lee carter, we have democratic strategist harlan hill and syndicated radio host chr
trish: adam shapiro, thank you very much. i would just add that the reason why canada has become such an issue is, don't forget, wilbur ross making the point -- our commerce secretary -- that canada's sending all this lumber to the united states of america, and it's an industry in canada that is completely supported by the government. thus, they can sell things -- lumber -- more cheaply into the u.s., and it puts us at a disadvantage, right? because we're not subsidizing our industry the way...
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Jun 16, 2017
06/17
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in tonight's game, which has been breaking fund-raising records and fox business correspondent adam shapiro, live at nationals park, in washington, d.c. adam, good evening. >> reporter: and a good evening to you, lou. what could be a better show of unity than the fact that this event, which goes back to 1909, this charitable congressional baseball game. this year, has raised $1 million. last year it raised $500,000. they doubled how much they raised for charitable causes in the washington, d.c., area and sold far more tickets of over 20,000 sold for tonight's game, and also added to the charitable causes that will receive funding, the capitol police memorial fund, because it was of course two capitol police officers who were among the heroic people yesterday who prevented what could have been a far more tragic outcome. so what we're witnessing right now is members of the cabinet, rick perry, the energy secretary, greeting people. we're running a little behind schedule, but they are assembled inside the stadium along with team scalise, members of his staff, friends, family members, they're h
in tonight's game, which has been breaking fund-raising records and fox business correspondent adam shapiro, live at nationals park, in washington, d.c. adam, good evening. >> reporter: and a good evening to you, lou. what could be a better show of unity than the fact that this event, which goes back to 1909, this charitable congressional baseball game. this year, has raised $1 million. last year it raised $500,000. they doubled how much they raised for charitable causes in the...
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Jun 27, 2017
06/17
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adam shapiro, thank you. cheryl: a band that reinstates the travel ban and a decision a victory after several lower court rulings like the executive order in march. pack march. i headquarter when i review whether the actions were lawful and trumpets wednesday ordered help prevent terrorism. the president treated think we did for american features security and safety courtesy of the u.s. supreme court that will keep fighting for the american people and win. the travel ban is set to take effect on thursday morning. lauren: a travel ban and a health care vote will be tremendously for the president. trial attorney misty mayoress joining us. good morning. claiming not only political but three, but this is a legal victory. >> this is absolutely illegal victory. the supreme court order says it's clear the president of the united states has the authority under the executive power to make an executive order like the travel ban. that's what the supreme court was attacking. this is really a victory for the white house.
adam shapiro, thank you. cheryl: a band that reinstates the travel ban and a decision a victory after several lower court rulings like the executive order in march. pack march. i headquarter when i review whether the actions were lawful and trumpets wednesday ordered help prevent terrorism. the president treated think we did for american features security and safety courtesy of the u.s. supreme court that will keep fighting for the american people and win. the travel ban is set to take effect...
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Jun 15, 2017
06/17
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concerns about adequacy of security for all members of congress, fox news correspondent adam shapiro live on capitol hill with the latest. reporter: good evening, this is a question that people are asking, whether we need to reassess security for the 535 members of congress. recall it was since the terror attack on 9/11 that they offered roughly daily capitol hill police protection to top 3 members of each political party. in the senate as well as in the house of representatives. one member of congress, who was at the ballpark this morning, when shooting took place representative joe bar barton from texas, his son just 10 years old was also there, mr. barton praised capitol hill police officers for their swift reaction. >> the heroes are the police officers who attacked the shooter. and in doing so, quite probably saved many, many lives. reporter: in the view of several member of congress, including mr. barton, the capitol hill police officers, two who were wounded in the line of duty, but are going to recover from their injuries, those two reacted and responded not only appropriatel
concerns about adequacy of security for all members of congress, fox news correspondent adam shapiro live on capitol hill with the latest. reporter: good evening, this is a question that people are asking, whether we need to reassess security for the 535 members of congress. recall it was since the terror attack on 9/11 that they offered roughly daily capitol hill police protection to top 3 members of each political party. in the senate as well as in the house of representatives. one member of...
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Jun 15, 2017
06/17
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i want to go to adam shapiro. he will be at the game tonight with more. hi, adam.reporter: hey, trish. it is interesting, you talk about unity, that is the message we're hearing from both sides of the aisle. democrats and republicans, nancy pelosi and speaker of the house paul ryan will address the nation at 7:15 tonight in show of unity. you will see it here at the ballpark. in fact to give you numbers real quick, they have raised roughly one million dollars for charitable causes. that is what the game is all about. last year it only raised $500,000. they released more tickets. 20,000 tickets have been sold for tonight's baseball game. the congressional charity baseball gam goes back to 1909. thiswill be a big success. i will update you in a minute on representative scalise and other people that were shot. first i want you to hear about what vice president mike pence had to say about people come being together. >> there will always be people who choose to divide. choose insult over insight. on the baseball field of nation's capitol they will see america is better
i want to go to adam shapiro. he will be at the game tonight with more. hi, adam.reporter: hey, trish. it is interesting, you talk about unity, that is the message we're hearing from both sides of the aisle. democrats and republicans, nancy pelosi and speaker of the house paul ryan will address the nation at 7:15 tonight in show of unity. you will see it here at the ballpark. in fact to give you numbers real quick, they have raised roughly one million dollars for charitable causes. that is what...
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Jun 28, 2017
06/17
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we've got adam shapiro with the details. >> less talk about how they all did with the stress test. essentially all passed, 33, 34 banks all passed with one -- i don't know the right word to use here because capital one financial can still give dividend but in six months, they have to address some issues that the fed isn't happy about, at which point may object to them continuing to pay dividends. but here's the quote from the report regarding capital one. did not open to capital one organization but requiring the firm to submit a new capital plan within six months that addresses identified weaknesses in capital planning -- in its capital planning process. now, where did they score? well, in one of the key metrics, which is the common equities tear one capitol ratio, they came in at 5.9%. do you want to be at 4.5 or higher? and now all of them are above 4.5%. some of the big banks, just to show you how they did. american express had to adjust their capital plan after last week's stress test. they came in at 5.3%, still above t
we've got adam shapiro with the details. >> less talk about how they all did with the stress test. essentially all passed, 33, 34 banks all passed with one -- i don't know the right word to use here because capital one financial can still give dividend but in six months, they have to address some issues that the fed isn't happy about, at which point may object to them continuing to pay dividends. but here's the quote from the report regarding capital one. did not open to capital one...
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adam shapiro in the briefing room live from the white house with very latest. od to see you, adam. reporter: lauren, the scott pruitt, point out that the united states had nothing to be apologetic about because of president's decision to withdraw from the paris accord. he pounded out from 2000 to 2014 usa reduced war done footprint for 18%. a lot of questions had to what the administration believes about climate change, where we go from here. take a listen to what happened. >> us did the president believe climate change is real? >> all the discussions we had last several weeks is focused on one singular issue is paris good or not for this country. >> i like to go back to the first question that was asked, that you didn't answer. does the president believe climate change is a hoax. >> where do you stand. >> i answered couple times. reporter: adminstraight tore said paris accord good or bad for the country? es it put the united states at an economic disadvantage. the president believes it did. that is why the president with drew united states from the accord. laur
adam shapiro in the briefing room live from the white house with very latest. od to see you, adam. reporter: lauren, the scott pruitt, point out that the united states had nothing to be apologetic about because of president's decision to withdraw from the paris accord. he pounded out from 2000 to 2014 usa reduced war done footprint for 18%. a lot of questions had to what the administration believes about climate change, where we go from here. take a listen to what happened. >> us did the...
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Jun 23, 2017
06/17
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adam shapiro, thank you. david: then there are the democrats beginning with massachusetts senator elizabeth warren who slammed the republican health care bill who says it puts the health of americans at risk. >> these cuts are blood money. people will die, let's be very clear. senate republicans are paying for tax cuts for the wealthy, with american lives. david: steve forbes, carol roth are still with us. steve, it has to be said, this is a week after the scalise shooting and shooting of other republicans. everybody said they were going to dial back the rhetoric. what happened to liz warren? she clearly didn't get the memo. >> she did not, she hasn't had it ever. i thought i was listening to kathy griffin as a matter of fact using extremist rhetoric. she forgets one little fact among many, david, people on medicaid have no better medical outcomes than those who don't have insurance. this program is an expensive disaster. quality is going down. of the costs are going up. republicans have a decent plan out the
adam shapiro, thank you. david: then there are the democrats beginning with massachusetts senator elizabeth warren who slammed the republican health care bill who says it puts the health of americans at risk. >> these cuts are blood money. people will die, let's be very clear. senate republicans are paying for tax cuts for the wealthy, with american lives. david: steve forbes, carol roth are still with us. steve, it has to be said, this is a week after the scalise shooting and shooting of...
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Jun 20, 2017
06/17
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adam shapiro digging into the ryan tax plan. former assistant secretary of defense larry standing by on a fox business exclusive to tell us how close u.s. and russia really are to all-out war. could it be just five feet? and congressman phil is the co-chair of the republican doctors caucus. he'll tell you what he needs to see from the senate's top secret health care reform bill. we're less than an hour to the closing bell. let's lots of news here. stay with us. start the countdown. ♪ ♪ liz: at this hour, the major averages are falling into negative territory, but trying to stabilize here. this after the dow jones industrials touched a new all-time high in early trade and then reverse. now, if the dow closes lower, it snaps a two-day record streak. but the big loser of the day is really what's causing all of this red on the screen, and it is oil. crude settling lower by 2.2%, ending at $43.21 but right now when we flipped over to the august contract, it's at slightly off that floor. but, again, in this territory, off 20% from its
adam shapiro digging into the ryan tax plan. former assistant secretary of defense larry standing by on a fox business exclusive to tell us how close u.s. and russia really are to all-out war. could it be just five feet? and congressman phil is the co-chair of the republican doctors caucus. he'll tell you what he needs to see from the senate's top secret health care reform bill. we're less than an hour to the closing bell. let's lots of news here. stay with us. start the countdown. ♪ ♪ liz:...
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Jun 16, 2017
06/17
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you can expect adam shapiro that the democrats will jump all over that. adam: it's almost like the president keeps drawing the spotlight on himself where it will be in his best interest not to do that. i want to go tweets that the president put out that riled official washington and i will do them in order as they start today hit just before 9:00 this morning. nobody has been able to show any proof, sad. second tweet, the fake news media hates when i use what has turned out to be my very powerful social media over 100 million people, i can go around them. third tweet, despite the phoney witch hunt going on in america, the economic and jobs numbers are great. and then the fourth tweet, this was a pretty incredible tweet according to a lot of people, i am being investigated for firing the fbi director by the man who told me to fire the fbi director. witch hunt. fox news was able to confirm that the president was referring to rod rosenstein, deputy u.s. attorney and then the president's legal team, his lawyer actually said the president was not, i want to emp
you can expect adam shapiro that the democrats will jump all over that. adam: it's almost like the president keeps drawing the spotlight on himself where it will be in his best interest not to do that. i want to go tweets that the president put out that riled official washington and i will do them in order as they start today hit just before 9:00 this morning. nobody has been able to show any proof, sad. second tweet, the fake news media hates when i use what has turned out to be my very...
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Jun 30, 2017
06/17
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adam shapiro, you're on capitol hill. that's not really realistic, is it?all. >> it's realistic if they could do it. but a lot of people already saying year on capitol hill wouldn't happen. i mean, this is the letter that senator sent to the president as well as mitch mcconnell saying essential that, look, by july 10, we're not making any progress on what we're trying to do. we should split this process and vote on just a repeal and then kick the vote on a replacement piece of legislation down the road a year later after all of this starts. let me let you listen to what ben said in his own words. >> every republican in the u.s. senate except for one has already voted for repeal in the past. let's do that first. if we can't do them together, let's do as much repeal as we can, and then let's have the president ask us and then stay here and work on replacing. we made promises to the american people. we should fulfill them. >> two problems with what ben just said. the first is that very few people here up on the hill, although they said they would be willing to
adam shapiro, you're on capitol hill. that's not really realistic, is it?all. >> it's realistic if they could do it. but a lot of people already saying year on capitol hill wouldn't happen. i mean, this is the letter that senator sent to the president as well as mitch mcconnell saying essential that, look, by july 10, we're not making any progress on what we're trying to do. we should split this process and vote on just a repeal and then kick the vote on a replacement piece of legislation...
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Jun 22, 2017
06/17
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for more, want to go to adam shapiro in washington. there is potentially three of these senator, adam, that want to oppose it. reporter: that's correct. in addition to rand paul, with rand paul there are three others. there are four in general. i want to read you a statement, coming from ted cruz, ron johnson, mike lee, and rand paul. they said, this is the quote, currently for a variety of reasons we're not ready to vote for this bill. here's the key, trish, but we are open to negotiation and obtaining more information before it is brought to the floor. this is a okay, i know what you want. here is what i want tit-for-tat negotiation. so not dead, but you can only lose two, if you're mitch mcconnell he can only lose two senators to make this bill pass in the senate. so he has got a problem with four. now they will have to do that old tv show, "let's make a deal." key points, they will repeal the individual and employer mandate of the they capped medicaid payments. they start shrinking the medicaid expansion. takes place over four years
for more, want to go to adam shapiro in washington. there is potentially three of these senator, adam, that want to oppose it. reporter: that's correct. in addition to rand paul, with rand paul there are three others. there are four in general. i want to read you a statement, coming from ted cruz, ron johnson, mike lee, and rand paul. they said, this is the quote, currently for a variety of reasons we're not ready to vote for this bill. here's the key, trish, but we are open to negotiation and...
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Jun 22, 2017
06/17
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adam shapiro is with us.of the repeal and replacement bill, and now i think you got some more detail. >> reporter: this is about medicaid, and this is where the house and the senate disagree among the republicans. the senate plan would begin the shrinking of the medicaid expansion in 2021 and then bring it back to pre-existing obamacare levels by 2024. that's essentially seven years from now. what the house wanted to do was save those medicaid dollars by 2020 and do that in a rapid pace. so this is much slower than what the house originally planned. it's very big because this is where the big tax savings take place through the medicaid expansion and returning us to the levels before obamacare, stuart. stuart: very short and to the point, adam. well done, indeed. you reduced it to bullet points which we can all understand, and the market understands it. look, let me go through some of the bullet points here, because this sounds like a workable replacement bill for obamacare. taxes repealed. they're gone. the i
adam shapiro is with us.of the repeal and replacement bill, and now i think you got some more detail. >> reporter: this is about medicaid, and this is where the house and the senate disagree among the republicans. the senate plan would begin the shrinking of the medicaid expansion in 2021 and then bring it back to pre-existing obamacare levels by 2024. that's essentially seven years from now. what the house wanted to do was save those medicaid dollars by 2020 and do that in a rapid pace....
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Jun 15, 2017
06/17
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adam shapiro happens to be live at nationals park. adam, give us a feel what's going on?ou got more than 20,000 tickets sold. they raised over a million dollars for different charitable causes in the washington, d.c., area, and last year they only raised $500,000. so you're seeing uniification, democrats and republicans coming together for the baseball game, especially today after the tragedy that took place yesterday morning. the cabinet secretary is greeting people. there is going to be an address along with nancy pelosi the leader for the democrats in the house, speaking on national television about unity at 7:sarc the message is about unity. we expect to hear from president trump before the game starts. the first pitch at 7:05, the key message for everyone inside the stadium is the message of unity and another sign of that is that players for both the democrats and the republicans, charles, are wearing gear and baseball caps from lsu. that, of course, representative scalise who was injured yesterday, he is from louisiana and clearly affiliated with lsu. so that's a si
adam shapiro happens to be live at nationals park. adam, give us a feel what's going on?ou got more than 20,000 tickets sold. they raised over a million dollars for different charitable causes in the washington, d.c., area, and last year they only raised $500,000. so you're seeing uniification, democrats and republicans coming together for the baseball game, especially today after the tragedy that took place yesterday morning. the cabinet secretary is greeting people. there is going to be an...
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Jun 22, 2017
06/17
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more states, indiana and wisconsin, they are citing unstable health insurance markets, our own adam shapiro is joining us now with the latest. a busy day in washington. reporter: incredibly busy. let's get to the health plan from senate. there are already four republican senators who have gone on record, they are not saying they are voting against, but they are holding out to get something better. ted cruz, rand paul. john they want a different version of this bill. and here is what rand paul had to say as well as ted cruz. >> intention is not to take down the bill, to make the bill better. i believe the leverage and count of 4 people is enough that hopefully those are read the bill will say, we want some or all of their votes, therefore we will try to make will bill look like a repeal bill, less like a reitration of obamacare bill. >> i want to get the yes. and the way to get to yes is fix the underlying problems, lower premiums and i will happily be a part of it. reporter: a recap of senate version, it would eliminate obamacare mandate, individual and employer coverage. it would cap medic
more states, indiana and wisconsin, they are citing unstable health insurance markets, our own adam shapiro is joining us now with the latest. a busy day in washington. reporter: incredibly busy. let's get to the health plan from senate. there are already four republican senators who have gone on record, they are not saying they are voting against, but they are holding out to get something better. ted cruz, rand paul. john they want a different version of this bill. and here is what rand paul...
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Jun 12, 2017
06/17
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adam shapiro has the details.reporter: it's the first of four reports the president wanted from the treasury department about simplifying the financial regulatory system. it will make small and community bank operators pleased if they go into place. the way to do that, taylor the regulatory approach and require great regulatory reform and cooperation and align regulations to support liquidity investment and lending. the dodd-frank stress test. if you have $10 billion in total assets you are subject to that stress test. the treasury is willing to raise it to $50 billion. i'm going to read from the report. the cca our qualitative assessment is too transparent and should be eliminated as the sole objection. bottom line in english. one of the proposals is that stress test threshold from $10 billion to $50 billion, that would free up community and smaller banks to lend. gerri: the small banks are responsible for getting so much money to small business. adamaging, thank you so much. less than a week after former f.b.i.
adam shapiro has the details.reporter: it's the first of four reports the president wanted from the treasury department about simplifying the financial regulatory system. it will make small and community bank operators pleased if they go into place. the way to do that, taylor the regulatory approach and require great regulatory reform and cooperation and align regulations to support liquidity investment and lending. the dodd-frank stress test. if you have $10 billion in total assets you are...
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Jun 22, 2017
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adam shapiro joins us now to tell us what he's hearing. i am not going to get into any specifics.his is an about pass and fail it's a bout a snapshot for investors to see. if they have the appropriate tier one capital in order to absorb losses when they face a financial catastrophe. 430 this afternoon we can talk about who did what and how they did. thirty-four institutions will take part in this. there is an assessing to absorb losses. we lived through this scenario. they do not had sufficient capital. no changes in recent levels. a lot of investors out there are wondering i'm going to make a decision about whether i want to keep investing or not. you get no guidance on any of this. we will get is part two of this that will give you more of a pass fail but again they don't use that language anymore americans and lotta people use the common sense pass fail. it is a snapshot they say to let you see what's going on inside the bank. and we will well in our viewers always do. thank you so much. we are going to have complete coverage of the bank stress test. it will deliver the news 4:
adam shapiro joins us now to tell us what he's hearing. i am not going to get into any specifics.his is an about pass and fail it's a bout a snapshot for investors to see. if they have the appropriate tier one capital in order to absorb losses when they face a financial catastrophe. 430 this afternoon we can talk about who did what and how they did. thirty-four institutions will take part in this. there is an assessing to absorb losses. we lived through this scenario. they do not had sufficient...
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adam shapiro at the white house with the very latest. >> it was an interesting press conference because the majority of questions even after he went away was still about climate change and the president's position. here is what the administrator had to say. the united states has nothing to be apologetic about in its decision to withdraw from the paris accord. he pointed out they have reduced the carbon footprint something like 18%. and that the president is still willing to negotiate a better deal a deal that would be in the best interest of the united states. he said ultimately the decision whether to stay or leave the paris accord was based on is a good or bad for the country and does it that the united states and an economic disadvantage. exiting paris does not mean disengagement. the president said yesterday it doesn't mean that we are not to continue the discussion. we want to export our innovation and technology to the rest of the world. to demonstrate how we do it better here in the administrator also pointed out ashley that environmentalists when the accord was first signed call
adam shapiro at the white house with the very latest. >> it was an interesting press conference because the majority of questions even after he went away was still about climate change and the president's position. here is what the administrator had to say. the united states has nothing to be apologetic about in its decision to withdraw from the paris accord. he pointed out they have reduced the carbon footprint something like 18%. and that the president is still willing to negotiate a...
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Jun 21, 2017
06/17
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adam shapiro. the senate is pushing this ambitious timeline on health care a lot falls from that including the tax cuts, even some of the other legislative, regulatory relief, that sort of thing, republican senator from montana, steve daines. he already ad advocated cancel the summer recess, push through the agenda, get some of this stuff. how are you? >> good to see you, neil. neil: blue dog democrats, conservative democrats meeting with top trump aides. first overture i can remember on this issue and maybe tax cuts as well. what do you make of that? what do you make ever the possibility of democratic participation, help, cooperation, own any of this? >> well, i hope we do sincerely. i find it interesting that there is so much bluster about the process. i got to say the process has not been perfect but the reason there is all this process talk because our friends across the aisle, democrats don't want to talk about the results. go back in time seven years from president obama said we will cut your
adam shapiro. the senate is pushing this ambitious timeline on health care a lot falls from that including the tax cuts, even some of the other legislative, regulatory relief, that sort of thing, republican senator from montana, steve daines. he already ad advocated cancel the summer recess, push through the agenda, get some of this stuff. how are you? >> good to see you, neil. neil: blue dog democrats, conservative democrats meeting with top trump aides. first overture i can remember on...
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Jun 26, 2017
06/17
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adam shapiro is live at the nation's capitol and, adam, i know you've been speaking to some senators. in particular. >> yeah. one very important one. chairman of the senate finance committee. not only does that committee oversee more than 50% of the u.s. budget but also issues like tax reform and health care. now, the latest on cbo is remember, that we're going to be looking for the figure. remember, the house scoring said 23 million americans over time would lose their insurance under obamacare. but also, we want to see what that number will be under the senate plan but also, is it deafit neutral? it cannot add to the annual deficit, or else it can't be approved by the senate under the reconciliation guidelines. so we spoke to hatch today on the chances for health care to pass, and here's what he told us. >> i prefer anything other than centralized medicine. if we go that route, pretty soon health care will be almost dime of the federal government, and i've got to tell you. people are demanding more and more and more and more, and that's just the way it is. and if we go to socialized
adam shapiro is live at the nation's capitol and, adam, i know you've been speaking to some senators. in particular. >> yeah. one very important one. chairman of the senate finance committee. not only does that committee oversee more than 50% of the u.s. budget but also issues like tax reform and health care. now, the latest on cbo is remember, that we're going to be looking for the figure. remember, the house scoring said 23 million americans over time would lose their insurance under...
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Jun 2, 2017
06/17
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well, adam shapiro is live. he's reporting from the white house. hello, adam. >> hi, shep.he jobs report, depends how you look at it. the "washington post" numbers said it was the numbers faltering. "the new york times" says now the fed has what they need to raise the interest rates. the bottom line, the overall job creation number was less than the analysts expected 138,000 with a jobless rate and unemployment rate of 4.3%. some of the good signs in this report, if you're looking for silver linings, mining. 7,000 mining jobs, which were added in may. we hit a low point october 2016 for mining. since october, we added 40,000 jobs in mining. listen to what mick mulvaney had to say about what the jobs report says about the overall economy. >> the jobs numbers may reflect industry, capital sitting on the sideline waiting for us to repeal obamacare and tax reform before they commit to the economy. they like what they see out of the president. you've seen that in the stock markets. in terms of making the investments that drive up the job numbers, drive up the gdp numbers, they'r
well, adam shapiro is live. he's reporting from the white house. hello, adam. >> hi, shep.he jobs report, depends how you look at it. the "washington post" numbers said it was the numbers faltering. "the new york times" says now the fed has what they need to raise the interest rates. the bottom line, the overall job creation number was less than the analysts expected 138,000 with a jobless rate and unemployment rate of 4.3%. some of the good signs in this report, if...
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for the very latest i want to go to adam shapiro who is their life inside of the briefing. we did not cure many questions there from reporters. about the jobs report. the jobs report is kind of an port story. there was the discussion about the jobs report. in the jobs report my needs on increase of 7,000 jobs. since october when my need hit its low point in 2016 we had added 47,000 jobs in mining and trade that supports it. you hear this from people like gary cohen. it will make other products competitive. you heard scott pruitt did ministration same the only issue that the president considered is the paris feel good or bad for the united states does it put doesn't put it as an economic disadvantage. the ruling on that is a yes. the other issue is that congress comes back to washington next week and boy does it have a full plate. most important among some is raising the debt ceiling. the secretary of the treasury has said we had hit it actually. the extraordinary measures. he wants this race. the administration is willing to look whatever they can. to help them pass it. tha
for the very latest i want to go to adam shapiro who is their life inside of the briefing. we did not cure many questions there from reporters. about the jobs report. the jobs report is kind of an port story. there was the discussion about the jobs report. in the jobs report my needs on increase of 7,000 jobs. since october when my need hit its low point in 2016 we had added 47,000 jobs in mining and trade that supports it. you hear this from people like gary cohen. it will make other products...
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Jun 15, 2017
06/17
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adam shapiro is live at national pa wherehis will take ple. witnesses watch in horror as a blimp goes down in flames at the u.s. open. this accident in the sky has the pilot of an advertising blimp fighting for his life after it caught fire fire. i will tell you what i saw when i got out there. the life and death drama overshadowing the best golfers in the world. we will get you caught up on the very latest leaderboard and talk about the game much loved by the business community with the united states golf association president diana murphy. plus chief executives of massive wisconsin businesses, both are here to tell us how they are working together with the trump administration to help veterans of find jobs. rockwell automation makes the software that sometimes removes real workers from the workplace. we will talk to both ceos about that. on wall street stocks fell and we are alive from the u.s. open in wisconsin. let's start the countdown. >> breaking news, we do have clear skies but not smooth sailing as the first round of play is underway
adam shapiro is live at national pa wherehis will take ple. witnesses watch in horror as a blimp goes down in flames at the u.s. open. this accident in the sky has the pilot of an advertising blimp fighting for his life after it caught fire fire. i will tell you what i saw when i got out there. the life and death drama overshadowing the best golfers in the world. we will get you caught up on the very latest leaderboard and talk about the game much loved by the business community with the united...
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Jun 16, 2017
06/17
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thank you, my friend, adam shapiro, at the white house.sident trump is, as you might imagine, still very concerned about these leaks. with more white house briefings -- would more white house briefings help? he's cut way back on them. some people argue the fewer briefings, the more tempting to hear from leakers or to try to extract information from those who might know it. fox business' charlie gasparino on that. he's pro-leaking. [laughter] we've got david hop by and independent women's forum carrie lucas. welcome to all. what do you think happened? do you have a theory? here's my crackpot theory on this. when a president or even a company cuts back on its, you know, its dealings with the press, this thing is going to escalate, this type of leak. anyway, when it's a president who is at war with the press and the press with him, it really escalates. >> listen, i covered wall street for a long time, and i still do, but i covered it, like, daily as a beat particularly at "the wall street journal." you know, wall street firms are very insular
thank you, my friend, adam shapiro, at the white house.sident trump is, as you might imagine, still very concerned about these leaks. with more white house briefings -- would more white house briefings help? he's cut way back on them. some people argue the fewer briefings, the more tempting to hear from leakers or to try to extract information from those who might know it. fox business' charlie gasparino on that. he's pro-leaking. [laughter] we've got david hop by and independent women's forum...
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Jun 30, 2017
06/17
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adam shapiro. making his last appearance on this show. all right.republicans that they really want to move on this, but same as before, right? they can't agree how to move. and now you have the president, who's impatient and willing to entertain tax cuts first to move that ahead. which is, by the way, a recommendation a lot of people had prior to this whole ballot over this. so let's -- battle over this. so let's go to sabrina be schafer and dagen mcdowell. dagen, what do you think of that? >> i think that the republicans had seven years to get this done. and that's where the impatience comes from, from the american people and the president himself. neil: so a split like this would only add time to it. >> why do you need to split at this point? you've had time, you've had all of these years to work on a replacement. again, these republicans talk about we'll repeal and then worry about the replacement later which is complete insanity. neil: right, right. >> the only reason they voted for repeal i think it was the last time in 2015, because they knew
adam shapiro. making his last appearance on this show. all right.republicans that they really want to move on this, but same as before, right? they can't agree how to move. and now you have the president, who's impatient and willing to entertain tax cuts first to move that ahead. which is, by the way, a recommendation a lot of people had prior to this whole ballot over this. so let's -- battle over this. so let's go to sabrina be schafer and dagen mcdowell. dagen, what do you think of that?...
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Jun 15, 2017
06/17
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where you will find adam shapiro.ld be sold out crowd. >> that's what they are expecting. this is a charity event that dates back to 1909 they been playing this congressional baseball game since then. proceeds will go to different charities in washington d.c. the literacy programs here. they've also added the police memorial fund to one of the charitable organizations that will receive funds after the game. a show of unity at the game. nancy pelosi as speaker paul ryan will be appearing on national broadcast at the message of unity and here is what they said about unity a little bit earlier today. >> we are going to go to the game today. we are going to play our hardest to win. throughout the whole game we will be team is scalise. >> you hear her talking about being team 79. they say that is what he would've wanted. democrats and republicans were playing in tonight's game will be wearing gear and baseball caps from lsu, mr. scalise being a representative from louisiana and very fond of lsu. that is something else will
where you will find adam shapiro.ld be sold out crowd. >> that's what they are expecting. this is a charity event that dates back to 1909 they been playing this congressional baseball game since then. proceeds will go to different charities in washington d.c. the literacy programs here. they've also added the police memorial fund to one of the charitable organizations that will receive funds after the game. a show of unity at the game. nancy pelosi as speaker paul ryan will be appearing...
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Jun 19, 2017
06/17
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adam shapiro at the white house with more. hey, adam.er: this is part of president's plan to streamline the operations of the u.s. government but to modernize the government back when he signed the executive order, creating the american technology council. it has been determined that the u.s. government spends greater than eight at this billion dollars every year on i.t. technology services. $80 billion. they want to make sure the civiles are up-to-date. this is what kellyanne conway said this morn about big tech ceos coming to the white house today. >> we need a government agency to talk to each other, make it seamless and modernize it. that is why the tech ceos are coming in to do that. they have been incredibly successful and that they're coming in to share best practices with the president. reporter: give you idea some of the names here, jeff bezos from amazon, tim cook obviously apple satya nadella from microsoft. eric schmidt already arrived, executive chairman of alphabet, the company we used to call google, the parent company. th
adam shapiro at the white house with more. hey, adam.er: this is part of president's plan to streamline the operations of the u.s. government but to modernize the government back when he signed the executive order, creating the american technology council. it has been determined that the u.s. government spends greater than eight at this billion dollars every year on i.t. technology services. $80 billion. they want to make sure the civiles are up-to-date. this is what kellyanne conway said this...
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Jun 26, 2017
06/17
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adam shapiro more details on the cbo report, he's down in dc. adam. adam: yeah. let's break this down. the joint committee on taxation, the report on the senate health bill determined it would actually save $321 billion over ten years. that is key because it means the legislation will not add to the deficit. the senate rules require the bill to be deficit newspape neutral. so a key hurdle in order for this bill to pass has been lost. the senate bill would increase the number of people who are uninsured by 22 million over the next ten years. that's one million fewer than the 23 million who would lose insurance under the house health care bill. according to the cbo under current law obamacare, 28 million people will lack health insurance by 2026. but under the senate bill, 49 million will lack insurance. now, that may prove trouble for republican centers -- senators like senator heller in states like nevada, although he has said he plans to vote against the bill. the senate bill removes the individual mandate to buy insurance, which is a contributing factor to the
adam shapiro more details on the cbo report, he's down in dc. adam. adam: yeah. let's break this down. the joint committee on taxation, the report on the senate health bill determined it would actually save $321 billion over ten years. that is key because it means the legislation will not add to the deficit. the senate rules require the bill to be deficit newspape neutral. so a key hurdle in order for this bill to pass has been lost. the senate bill would increase the number of people who are...
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Jun 20, 2017
06/17
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adam shapiro standing by at white house with the latest. what do you say, adam.y coming together? reporter: don't hold your breath on it. this is washington, d.c., we're talking about, so much for unity. don't listen to me. listen what different people had to say about this. yes, we expect to see the health care bill thursday with a vote next week, but, let me let you first listen to sean spicer who put it like this. >> their leader, senator schumer made it very clear on at least two separate occasions they didn't want to be part of this process. they didn't want to repeal and replace obamacare. they were happy with obamacare. we believe obamacare is failing. they chose, made it very clear they didn't want to engage the process. so to turn around now, second-guess, that is something they should take up with their own leader. reporter: democrats said look, we would take part in some of this but there is no transparency. nobody is talking publicly what is going to happen. here is what senator chuck assume every from new york had to say about it. >> never sought out
adam shapiro standing by at white house with the latest. what do you say, adam.y coming together? reporter: don't hold your breath on it. this is washington, d.c., we're talking about, so much for unity. don't listen to me. listen what different people had to say about this. yes, we expect to see the health care bill thursday with a vote next week, but, let me let you first listen to sean spicer who put it like this. >> their leader, senator schumer made it very clear on at least two...
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Jun 28, 2017
06/17
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get back to adam shapiro for the very latest on this health care bill. gosh, senator thune is telling neil they think they can really piece something together by friday. that doesn't leave a lot time. what are chances getting this done? walk us through. reporter: chances of something getting done by friday appear to be good because they set their sights on it. mitch mcconnell, majority leader, said health care is dealt with one of two-ways. republicans ahe free, change the status quo. markets collapse and sit down with senator schumer. none of the republicans in the senate want to shot down with senator schumer. they are crafting a new version of this. but they have to got to make both sides happy. conservatives with fiscal control and moderates who want greater spending for things like opioid treatment. john thune told neil last hour 1/2. neil: friday deadline to get something. something you can present certainly to cbo by july 4th break that is still true and still on? >> that is the plan. of course, like we said. make sure we get this done right. we n
get back to adam shapiro for the very latest on this health care bill. gosh, senator thune is telling neil they think they can really piece something together by friday. that doesn't leave a lot time. what are chances getting this done? walk us through. reporter: chances of something getting done by friday appear to be good because they set their sights on it. mitch mcconnell, majority leader, said health care is dealt with one of two-ways. republicans ahe free, change the status quo. markets...
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Jun 19, 2017
06/17
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adam shapiro is live at the white house with a look how this all may go down. hey there, adam.his question was asked to zahn spicer during briefing some critical ceos been critical of mr. trump. mr. spicer said said whatever the beliefs in the past, that they are not willing to work with us and that they are not willing to work wik with them. they are working on modernizing the u.s. government. when you hear some of the i.t. civiles are dating back almost 50 plus years, it is clearly time for modernization. they pointed out that the dod in some of its systems uses 8-inch floppy disks. that is what the focus of this is about. it will save tremendous amounts of money. about 80 billion a year we spend. here is what jared kushner had to say to the ceos when he welcomed them about two hours ago. >> we created the white house office for american innovation in an effort to bring business sensibility to a government for too long has relied on past practices as automatic justification for their continue ages. before i came to washington many warned me that the bureaucracy would resist a
adam shapiro is live at the white house with a look how this all may go down. hey there, adam.his question was asked to zahn spicer during briefing some critical ceos been critical of mr. trump. mr. spicer said said whatever the beliefs in the past, that they are not willing to work with us and that they are not willing to work wik with them. they are working on modernizing the u.s. government. when you hear some of the i.t. civiles are dating back almost 50 plus years, it is clearly time for...
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Jun 16, 2017
06/17
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adam shapiro is live at the white house with the latest. adam.eporter: melissa, it has been quite a day especially with the first few tweets the president sent out this morning. i will go through them in order and reaction with the one at the end which people seem to believe is the president confirming he is under investigation. we're going to get to all of that but go in order as he tweeted. the first was, after seven months of investigations and committee hearings about my quote, collusion with the russians, end quote, nobody has been able to show any proof, sad. the second tweet, the fake news media hates when i use what turns out to be my very powerful social media, 100 million people. i can go around them. third tweet, despite the phony witch-hunt in america the economic and jobs numbers are great. regulations way down, jobs and enthusiasm, way up. the fourth tweet, this raised a lot of eyebrows. i am being investigated for hiring, for firing the fbi director by the man who told me by the man who told me to fire the fbi director. witch-hunt.
adam shapiro is live at the white house with the latest. adam.eporter: melissa, it has been quite a day especially with the first few tweets the president sent out this morning. i will go through them in order and reaction with the one at the end which people seem to believe is the president confirming he is under investigation. we're going to get to all of that but go in order as he tweeted. the first was, after seven months of investigations and committee hearings about my quote, collusion...
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Jun 23, 2017
06/17
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first i want to go to adam shapiro with this breaking loretta lynch story. fill us in, adam. reporter: right. i will read to you that the letter that the judiciary committee sent to loretta lynch. detailing what you talked about. did she at the same time to stifle the investigation of the clinton campaign and email scandal that erupted. first part of the letter this say specifically, the fbi is reported to obtained an. mail, memo, written by a democratic operative who expressed confidence miss lynch would keep the clinton investigation from going too far. it goes on to talk about james comey, former fbi director's testimony in congress, talking about matters he could not discuss but when we learned that loretta lynch had told him to refer to this as a matter, the already then goes on to get specific these contacts between lynch and the dnc and the clinton campaign. i am going to read to you what it says. more specifically the russian intelligence document reportedly quote, referred to an email supposedly written about it then chair of the democratic national committee, repres
first i want to go to adam shapiro with this breaking loretta lynch story. fill us in, adam. reporter: right. i will read to you that the letter that the judiciary committee sent to loretta lynch. detailing what you talked about. did she at the same time to stifle the investigation of the clinton campaign and email scandal that erupted. first part of the letter this say specifically, the fbi is reported to obtained an. mail, memo, written by a democratic operative who expressed confidence miss...
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Jun 19, 2017
06/17
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let's take it to our very own adam shapiro live at the white house. >> and you bring up that those ceos have had disagreements with the president in the past. but also points out whatever their past political beliefs, they do agree on the need to innovate and to modernize the it systems of the federal government, chair anywhere from 10 to 20 years behind current standard -- expectations that you would find in the private sector. so jared kushner in addressing the ceos who are here, and we're talking about some of the biggest names in tech. cats, tim co, eric schmidt. they are here and here's what they said about the need to tackle this project. >> many of our federal systems are decades old with our ten oldest being between 39 and 56 years old. the department of defense, for example, still uses eight-inch floppy disks on some of its legacy systems. >> and another example of the antiquated technology, some 532 forms on the va website, but you can't fill out the form with modern browsers. you have to print them, and it becomes a nightmare for veterans. so this is about streamlining this k
let's take it to our very own adam shapiro live at the white house. >> and you bring up that those ceos have had disagreements with the president in the past. but also points out whatever their past political beliefs, they do agree on the need to innovate and to modernize the it systems of the federal government, chair anywhere from 10 to 20 years behind current standard -- expectations that you would find in the private sector. so jared kushner in addressing the ceos who are here, and...
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Jun 28, 2017
06/17
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adam shapiro is in washington with more details on how mr.fett will benefit and how perhaps other investors will. >> that's correct. and depo warren buffett, the key's going to be the word object or do not object. because remember, the federal reserve doesn't say fail or pass. you and i would say fail or pass, that's how you say it in english. but if the bank is okay with the capitol plan, they will not object. no deal for you, as they say at the soup kitchen. here's the deal with warren buffet. he bought in 2011, what was it? a $5 billion stake in bank of america preferred stock, and he had at the time a warrant that allows him to turn that preferred stock and purchase roughly -- what is it? 700million shares of common stock at $7.14 a share. now, do the math, liz. this would take his investment from 5 billion to $16 billion. and look at where they're trading right now at bank of america. the stock at $23 a share. but it's the dividend. if they can pay a dividend roughly 30 cents a year now, if they're allowed to go higher, and mr. buffett s
adam shapiro is in washington with more details on how mr.fett will benefit and how perhaps other investors will. >> that's correct. and depo warren buffett, the key's going to be the word object or do not object. because remember, the federal reserve doesn't say fail or pass. you and i would say fail or pass, that's how you say it in english. but if the bank is okay with the capitol plan, they will not object. no deal for you, as they say at the soup kitchen. here's the deal with warren...
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Jun 21, 2017
06/17
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i want to go to adam shapiro. reporter: 9:30 a.m., the public will get a idea of what is in the draft. it will be sent to cbo scoring possibly and a vote after the score comes out next week. look what is happening behind the scenes. today's headlines, anthem, blue cross, blue shield pulling out of two states. wisconsin, indiana, diminishing offerings under the obamacare plans because premiums are going up and it is not working. look what the white house did today, they launched repeal and replace obamacare website. key point 28 million americans still do not have health insurance. premiums on average have gone up $3,000. there was the tweet this morning from president trump who said, i will read the entire tweet, democrats would do much better as a party if they got together with republicans on health care, tax cuts, security. obstruction doesn't work! obstruction may come from the republicans when it comes to the senate health care bill. listen to what john mccain said about the bill which he has yet to see. >> i
i want to go to adam shapiro. reporter: 9:30 a.m., the public will get a idea of what is in the draft. it will be sent to cbo scoring possibly and a vote after the score comes out next week. look what is happening behind the scenes. today's headlines, anthem, blue cross, blue shield pulling out of two states. wisconsin, indiana, diminishing offerings under the obamacare plans because premiums are going up and it is not working. look what the white house did today, they launched repeal and...
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Jun 22, 2017
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let's go to adam shapiro. reporter: going to walk you through this real quick.ters of the test, 34 firms taking part. they assume in the test parameters severe global recession over nine quarters and unemployment rising to 10%. with that scenario in place we would having a a gaat loss of 34 firms of $383 billion in loan losses -- aggregate. since 2009 by the way those 34 firms added 750 billion in capital. here is how the fed is viewing this, quote from jerome powell, federal reserve governor, this year's results even during severe recession our large banks would remain well-capitalized. this would allow them to loan during the economic cycle and lend to households and businesses when times are tough. look at breakdown of results of 34 firms. the firms with the highest buffer, buffer against loans they want to make sure is in place, should the economy go south. highest tier one capital after severe event, cit group, hsbc north america. you can see there, santander holds and td group u.s. holdings 11.3. the lowest tier 1 capital is ally financial. keycorp out of
let's go to adam shapiro. reporter: going to walk you through this real quick.ters of the test, 34 firms taking part. they assume in the test parameters severe global recession over nine quarters and unemployment rising to 10%. with that scenario in place we would having a a gaat loss of 34 firms of $383 billion in loan losses -- aggregate. since 2009 by the way those 34 firms added 750 billion in capital. here is how the fed is viewing this, quote from jerome powell, federal reserve governor,...
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Jun 19, 2017
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adam shapiro is live at the white house with details surrounding the meeting. were to write an art can who are leading tech people in the world they're all at white house today. reporter: ceos of some of the largest tech see yeast in the country with market capitalization of $3 trillion. it's a little higher today. these men and women, salve from katz from oracle, and eric schmidt from alphabet, formerly google, they're advising the government to streamline the government or modernizing the government i.t. services 10 to 20 years behind the times. the administration wants to get best private sector deployed in the public sector. to give you antiquated mayhem with taxpayers deal with government i.t. services, it was only was week that the government stopped requiring agencies to be y2k compliant. we survived y2k 17 years ago but the government is just getting up to that. here is what jared kushner had to say about that. >> we created white house office of american innovation in an effort to bring business sensibility to a government for too long relied on past p
adam shapiro is live at the white house with details surrounding the meeting. were to write an art can who are leading tech people in the world they're all at white house today. reporter: ceos of some of the largest tech see yeast in the country with market capitalization of $3 trillion. it's a little higher today. these men and women, salve from katz from oracle, and eric schmidt from alphabet, formerly google, they're advising the government to streamline the government or modernizing the...
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Jun 14, 2017
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i want to go to adam shapiro. he is live on the scene in alexandria, virginia. he joins me now. adam. reporter: trish, want to bring you up to speed on the status of one of the people shot, matt mica, lob by it for tyson foods. his family said he was shot multiple times. he is in critical condition at hospital. the other people, capital police officers are expected to recover from their wounds as is the aide to representative roger williams. that aide was zachary barf. matt mica shot multiple times and his family said he is in critical condition. speaker paw paul rye held a news conference and picked up on president's theme of unity. what he said about this morning's tragedy. >> we are united. we are united in our shock. we are united in our anguish. an attack on one of us is an attack on all of us. [applause] reporter: trish, you pointed out that the shooter, 66-year-old james hodgkinson was killed. the president announced that. we interviewed witnesses who saw the shootout with the capitol hill police an the man with the rifle. he turns out not only been a bernie sanders suppor
i want to go to adam shapiro. he is live on the scene in alexandria, virginia. he joins me now. adam. reporter: trish, want to bring you up to speed on the status of one of the people shot, matt mica, lob by it for tyson foods. his family said he was shot multiple times. he is in critical condition at hospital. the other people, capital police officers are expected to recover from their wounds as is the aide to representative roger williams. that aide was zachary barf. matt mica shot multiple...
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let's go to adam shapiro in washington with the latest. break it down for us. reporter: revelations were quite impressive. there is loretta lynch. we learned the former attorney general, approached then fbi director mr. comey regarding investigation of the hillary clinton email scandal and bill clinton's meeting with loretta lynch at the airport aboard lynch's aircraft in phoenix? she asked him not to call it an investigation lynch asked, but call it a matter. there was the whole thing about mr. comey actually coordinating the leak of his memo, via a friend to "the new york times." there was the accusation he said, that the fbi was in disarray. the trump administration said that was the reason they were firing mr. comey. he called that just outright lies. of course "the new york times" and many other media reporting getting coverage of russia investigation in mr. comey's words, dead wrong. but this exchange about a tweet the president had made regarding the recording of conversations and that you better hope there aren't tapes, well here is what mr. comey said
let's go to adam shapiro in washington with the latest. break it down for us. reporter: revelations were quite impressive. there is loretta lynch. we learned the former attorney general, approached then fbi director mr. comey regarding investigation of the hillary clinton email scandal and bill clinton's meeting with loretta lynch at the airport aboard lynch's aircraft in phoenix? she asked him not to call it an investigation lynch asked, but call it a matter. there was the whole thing about...
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adam shapiro outside with details. reporter: anthem's decision to leave ohio will leave the obamacare insurance exchanges without any plans in 20 counties. indianapolis-based anthem setting prices for insurance plans under the affordable care act or obamacare as we call it, is increasingly difficult due to the shrinking individual market as well as continued changes in federal operations, rules and guidelines. health care obviously a big topic among the republicans in the senate who are meeting with vice president pence. they did that over lunch. senate majority leader mitch mcconnell says they're getting close to presenting legislation but republicans lindsey graham doubt they will deliver a plan that will pass. even minority leader chuck schumer says obamacare is not sustainable, but he says going backwards would be worse. >> i have a message for our republican colleagues. it is very simple. abandon repeal. stop sabotaging our health care system, you will find democrats waiting to work with you to improve the health
adam shapiro outside with details. reporter: anthem's decision to leave ohio will leave the obamacare insurance exchanges without any plans in 20 counties. indianapolis-based anthem setting prices for insurance plans under the affordable care act or obamacare as we call it, is increasingly difficult due to the shrinking individual market as well as continued changes in federal operations, rules and guidelines. health care obviously a big topic among the republicans in the senate who are meeting...