s -- some of the ations being weighed include sell off.on could be affected by pricing pressure in the industry. of bridgewater associates says he is becoming more concerned about the damaging effects of president policy.populist he says it may overweight his pro-business agenda. major oil companies are still struggling through the biggest srkets long -- market lump. for exxon, it was the night -- n inth street corner that incomes decline. something are said to be .onsidering new house in the eu ireland is considering while citigroup is eyeing frankfurt. i'd u.k. lobby group says that as many as 35,000 jobs could be relocated out of the u.k. that is the bloomberg business flash. scarlet: apple said to report fiscal first-quarter resort -- results in about five minutes. we want to take a dive into the bloomberg. let's start with apples different revenue streams. at the end of the day, apple is just a phone company in that it depends on the iphone for about 2% of its revenue. tim cook recognizes the need to build up other businesses. it look

was one of the few developed .ations it is really moving towards our target.e seeing fines in europe. doing sor hasn't been well in the past few days. some are arguing that maybe the rest of the world is converging. >> take the german cpi that was published the other day. inll below where we were 2011. ais could really just be period of abnormality and a return to the trend. >> that was introduced -- that was attributed to an increase of the price of holiday packages. doesn't matter what the catalyst is? if we see inflation pickup in december, will that prompt more inflation whether it is a temporary catalyst or not? >> that was a catalyst with that particular german data set. there are things that add up to an overall trend. it has attracted much attention. andrea has noted that we have pbid carter years of declines in china. if you buy the idea that china was a source of disinflation trends over the past few decades, it could turn out to be quite a thing. the most consensus views going into 2017 on the dollar -- long of the dollar, inflation, rate hikes. it

mentioned it was portant for the national security advicer, let's assume for the moment that the ational security advisor has primacy among these people, at least on the issues we're talking about, in terms of national security. general flynn, who's been named as national security adviser, very distinguished officer hroughout his military career. ran spew problems with the white house and pent depon. some concerns have been raised that he in fact does have a reputation for being disputacious, and someone whose focus, at least through his career, has not necessarily been on a wide range of national security issues. how do you think his characteristics fit the ideal as you described it earlier? >> well, i don't want to speak to that, because i don't know the man. i don't know washington reputations that were formed in some different ways. i do want to reinforce something that was just been said about a national security advisors and economic issues, and i may be not quite right about this, but i was just sitting there thinking, has there ever been a economist that's been the national secur

eventually, it was learned that he had the ground, scavengers came along and took all hesitant --ationapers, while it identification papers and wallet. down, thewere shot force was decimated. after the war, the graves registration unit came into romania, picked up the bodies of the unknown, and transferred inm to arden cemetery belgium, where they were buried as unknowns. through the insistence of his father, the military finally opened up some of the graves, exhumed his body, and they found through dental records that it was red franks. , i tell thestory story of the repatriation of some 233,000 american dead following world war ii. it was an operation that lasted longer than the war itself. it has been called the most melancholy immigration in the history of man. the return of the dead kind of has origins in the civil war and even before that, if you take the mexican war. the dead were buried where they day, most ofthis them are unknown as to where they are buried. the civil war, union soldiers were buried pretty much where they fell, and on the battlefield in very shallow graves. su

i casee thousands of people pouring in towards thcal from union ation, wearing pink, holding signs, cheer interesting chanting, as they make their way towards the capitol, where the march is set to begi >> i know it was violent last night, but so far seems fairly quiet in d.c. as this thing just starts to buildright >> rorter: yeah, th right. so far everything is peaceful. this event has been billed as a nonviolent protest. all ovthwebsite for are the women's march, said is a nonviolent event, but, of course, police are still watching out to make sure that some of those people who came out last night and started violence don't show up at this it's just channeling and seeing cheering. d cheering. ud -- chanting i'm hering a lloyd roar. >>> juweeks after are the obama government cut fees on a mortgage measure, president p has revoked that. the move hasaved borrowers about $500 in the first year of a mortgage. >>> a group of california repuin washington this weekend for the inaugust a race. ktvu talked by phone to a san francisco woman who serves on the gop national committee. she and her hu

she says they have beenheve been planning the civil action ation since may and include groupsudeu that want donald trump to knowow exactly how they feel about abot his presidency and the insults he has been hurling at them. th. the checkpoints are spread out t around the mall and along the par ride route on pennsylvaniart avenuee .on d.c. police will have civil disturbance units equippedt with riot gear ready to move at a moment's notice wherever trouble may pop up.ce now, lilly daigle also told mee today that they're expectingex tens of thpousands ofands of protestors here in the city, ci, some have permits, some do not. >> i think you ask different dif people you get differentu get things.di a man has threatened at thetene bonds lives and safety of so ofo many different population across america.amric from our muslim brothers andand sisters black and brown folksr inquiry folks women basicallyfoi anyone that's not a rich white e man is under attack and we -- w you know, we're ready to stand up for america. am >> reporter: so, keep ineep mind if you plan on coming cming down to the ina

and muslimsml who they say are under assaultsa by the new trump add station.mpt now the rally begins ation maryland council on american-islamic relationsrelais united for justice and others. . >> today beginning at noon non d.c. residents can beginbegin signing up for the summer youth employment program.ment po 14 to 24 are eligible.i mayor bowser temporarilymporariy expanded the program to include district residents upidn to the age today the mayor hm call onor al council to makee limit permanent. the program provides six weeks w of employment and training.tra >> let's take a look at the stories you're alreadyies you'ry engaging with on social mediaon this morning. s >> first up, president donald trump's key strategist describing the mainstream t media as "the opposition party." rty." he says news organizationsg have been humiliated by theiry h failure top anticipate mr. trump's election victory. vt >> the company behind keystoneie xl pipeline has submitted asubma new application to the u.s.e u. department of state.rtment osta. the application by transtion bys canada comes after u.s. u.s.

from new york last night for on theelec nt ational portrait gale another dinner featuring cabinet nomineestheees he library of congress.grs. later today, 3:30 this30 afternoon is when it all getse under way in earnest.ea we'll have mr. trump and mr. pence with a wreath laying ceremony at arlington nationaltl cemetery. ce the pair will then head to theot lincoln memorial here for the te make america great again welcome celebration.bration. mr. trump is expected to make me a short speech there and thanktk his supporters but i don'tbut it think he's going stay for theta tire event.t. the concert itself will feature toby keith john voight o lee greenwood three doors downoo as well as military bands rsanda a fireworks display.is then a private event 7:30 this evening. we've heard about this.e he it's candlelightar dinner for very wealthy donors that bothat president-elect trump and vicead president-elect pence willt-el attend and then we understandndr that they'll be staying at blair house tonight.. last night trump made aade pennsylvania avenue after those dinners, he was greetedwa by some app

zine and review with city department jz hope to move to the board for approval and quick implement ation. i think your question earlier about what could we do to get the projects in the ground quicker. one thing we are doing for each project outlined here, instead of waiter for the bulb-out jz maybe the repaving projects we are going through the paint and signs and posts implementing as soon as we can. 7th and 8th was approved by the board. the partsds undrb control we start right away and the others we expedite as much as we can. the mayor's directive asked to look specifically at a area in golden gate park that was a site of there tragic fatality in june and happy to report that we have drasticly improved safety along the western segment of jfk between the great hi high way and transverse by installing 9 speed humps and a raised cross walk. proud of the quick work that our team did to do outreach and make sure that we were doing something that was contact sensitive to the special needs of the park and also to work closely with our partners in public works to get the project implemented

he did a good job of covering the iterations throughout our .ation's military history i do want to saythe government and military services to accountre charged for these individuals. by account, i mean to locate, recover, identify and send home to prove that or the individual has deceased and for whatever reason we literally cannot recover there remains. some individuals that are deep water losses in the middle of the ocean, we probably are not going to be recovering the remains. some individuals that are deep wateramericans take wars as experiences expressive of collective ideals. those ideals are challenged a bit when you are confronted by individuals consumed by war. i mean that metaphorically, individuals to agree for trauma just can't cope with war or what war has done to them, as literally individuals went off and never returned, and we never recovered anything for people to visit the morning over. the accounting mission really stems in its current form from the vietnam war but there were clear predecessors. i will jump to world war ii and the korean war, at least the first porti

guns inside.ns when investigators arrived at av the scene they found several more guns and ammunition ation>>> and electrical issue believed to be the cause of aauf fire at tucker road ice rinkoadi in fort washington.ashing heavy smoke could be seen for f miles yesterday afternoon.fterno fire officials say two peopleayp were inside when that firens t started. no one was hurt. steve over to you.r toou >> time for the morning line. l a lot of college hoops. getting into that season. first upin dg ukine and thatt indefinite suspension fornsio fr duke's grayson allen. allen would it be all season? easo conference play? one game.am back on court. court the junior guard missed one mis game for tripping an opponenttrp a couple weeks ago scored 15go e points last night and duke won easily. easily. cruised to a victory.cruise obviously they needed himsly the because they only won 110 to 57. this was also coach k's last l game for awhile. awh he'll undergo back surgerygo bky tomorrow. he'll be out for a month.. >>> villanova upset by butler b in indiana. iia the wildcats had won 20 straight games fry

since the take over of this health ation of our care, the choices have continued to reduce. congress you may hear this or congress that. one of the great things is the from of people coming diverse backgrounds. mike xt representative is bishop, who was already working when he came to he united states congress. i yield to congressman bishop. mr. bishop: thank you for your leadership and for the to tunity to rise today join you and this group in this urgent discussion regarding for our nation's health care crisis. i do appreciate the opportunity tonight and sense of urgency that i feel from this address a very important issue. 2,700eaker, since the -page health care law was 2010, when our olleague from across the aisle absurdly rose and declared that we would know what was in it as passed it, young adults, families and seniors been punished and their policies canceled. seen skyrocketing costs, poor coverage and clearly a lack of choices. hear from constituents every single day. not made health care more affordable, as president promised it would. stead, health care insurance p

zine and review with city department jz hope to move to the board for approval and quick implement ation. i think your question earlier about what could we do to get the projects in the ground quicker. one thing we are doing for each project outlined here, instead of waiter for the bulb-out jz maybe the repaving projects we are going through the paint and signs and posts implementing as soon as we can. 7th and 8th was approved by the board. the partsds undrb control we start right away and the others we expedite as much as we can. the mayor's directive asked to look specifically at a area in golden gate park that was a site of there tragic fatality in june and happy to report that we have drasticly improved safety along the western segment of jfk between the great hi high way and transverse by installing 9 speed humps and a raised cross walk. proud of the quick work that our team did to do outreach and make sure that we were doing something that was contact sensitive to the special needs of the park and also to work closely with our partners in public works to get the project implemented

one west haveid any interplay with the obama program,ation's hamp and was that always successful in preventing foreclosures on struggling american homeowners or could more have been done by the administration? mr. mnuchin: senator, thank you very much for the question. that is a very important issue. when we did the indymac deal with the fdic we committed to the fdic that we would continue the fdic loan modification program. it was after that it the obama administration came up with hamp and we had no obligation to do hamp. we could have continued to do fdic loan modifications, but we felt it was the appropriate thing to voluntarily go into the program asry hamp were other major banks. so, we voluntarily went into that program. the hamp loan modification program was a very prescriptive program, including us having to follow net present value calculations that were determined by the treasury model -- heee which was better differ closing on a home, or providing a loan modification. extent that the net present value with higher on for closing, we unfortunately have to follow the hamp rules or we

are grounded in public health to prevent traffic deaths and are preventable and safety and preserve ation of human life is our highest priority. the health department has a important role elevating equity and by that we mean prioritizing #450u78en life in all communities and eliminating historic disparities with injuries and insuring actions are sensitive to community context and exacerbating existing disparities. we have been wurging with the police department and a lot of the work they are doing on racial justice to insurethosis opportunities and the work they are doing are advanced through the vision zero actions. safe streets, safe people, safe vehicle jz speed round out ourb coreb principles. this is-not only equity but community engagement. a important lesson learned in the last 2 years is the importance having the community engaged and invested in improvement s that can help save lives. community engagements has its own section and [inaudible] done a lot of great work to elevate community engagement. with respect to the outreach, we received a lot of great feedback being more trans

are grounded in public health to prevent traffic deaths and are preventable and safety and preserve ationf human life is our highest priority. the health department has a important role elevating equity and by that we mean prioritizing #450u78en life in all communities and eliminating historic disparities with injuries and insuring actions are sensitive to community context and exacerbating existing disparities. we have been wurging with the police department and a lot of the work they are doing on racial justice to insurethosis opportunities and the work they are doing are advanced through the vision zero actions. safe streets, safe people, safe vehicle jz speed round out ourb coreb principles. this is-not only equity but community engagement. a important lesson learned in the last 2 years is the importance having the community engaged and invested in improvement s that can help save lives. community engagements has its own section and [inaudible] done a lot of great work to elevate community engagement. with respect to the outreach, we received a lot of great feedback being more transpa

democratic senator from maggie hassan, ormer governor, she writes yesterday, first ever female new ation sits down in hampshire to discuss the work ahead to get results for new hampshire. included in the picture is hassanthere is jean shea porter and democratic house member, anne ku custer. the political report note is not first time all female delegation, in 2012 delegation female in new hampshire, including ayote. this political report noting all democratic delegation since 1852. and one other moment for you, yesterday there were a lot of the ts when the speaker of house was doing his ceremonial swearing ins, it took about hours, according to his spokeswoman for the speaker of ryan, to make l his rounds, go back and forth and get the photo ops the in for all members of congress who chose to do so with him. wrote on twitter yesterday, just finished swear nothing members.00 countless cute kids, still don't though. dabbing is, he's referring to antics of teenage son roger marshall, here is a video. >> yes, it is. [indiscernible] >> right there. >> all right. >> yes. >> all right. [playing

recommending that the health service board approve the investment policy statement and approve the recommend ation made by mu ketoa investment group. if there are questions on the topic or public comment or anyone on the health service board has question about the recommend aigds we have a representative from mu ketoa investment group here to answer any questions you may have. >> what are you going it do? >> i like to move for approval. >> there is a second. >> it is subject to legal review so we bring back the final draft next month if quee have changes. >> yes, the recommendation is included. >> just to be clear, the recommendation is that we approve the recommendation of the finance committee to the board >> accept the draft investment policy statement and to accept the recommendations for-utilize the treasury pool for the city and have quarterly and annual updates qu once every 3 years review the appropriateness of that decision and consider altnchatives. >> the investmentpologist is subject to legal review, correct? >> subject to legal review. >> you want to call for comments from the board?

it's now a ational treasure. i'm first to admit that. it doesn't mean we should be turning to the military to answer all of our concerns in our relations with he world. and that's the source of where i was coming from from that statement. >> very good. in terms of trategic thinking, which you will be intimately involved in for us, and as a student of history, you know as well as anyone else that we can't fight the last war and throughout history that seems to have repeated itself to all too many times and we need to be thinking forward. in our meetings -- in our meeting together, i was struck by a statement that you made where you said that as a commander in the field, you benefited from decisions that were made 10 to 15 years before you put on the uniform and was in command. we're facing an unprecedented time of change, and when we look at technology and how it's transforming our world, we're probably one of the most exciting times to live and the word we see today is going to be radically different in ten years. that means weapons syst

donald trump's nominee for health and human services secretary faces a tough confirm ation hearing, tombout obama care. he's expected to be asked about medicare and medicaid future under a republic led congress and gop white house. start thing at noon. parking restrictions take effect downtown lasting through early monday. emergency no parking signs will we posted on streets near the white house, the capital, and federal triangle. unauthorized vehicles will be tithed and towed. road closures will begin overnight tonight. now let's get a check on the weather. here is veronica johnson. >> reporter: breezy sunshine expe mild. the next ten days our temperatures will top out tin 50s, afternoon around 60 degrees. today's high. 55 to 58. again, sunshine. you'll need sun glasses later, umbrella for friday. a chance of rain, best chance between 9 and 10:00 a.m., until about 2:00 p.m. this is a better threat of rain coming our way into the weekend, sunday into monday morning could be heavy. >> reporter: around the capital through fairfax county, slowing getting back up to speed on the inner loop.

ation. >>> san francisco's new police chief is starting his first full day as chief on the job today. william scott was sworn in by mayor ed lee at san francisco city hall. in the middle of the ceremony about half a dozen hecklers started yelling about police brutality. chief scott is taking charge of the department as it works on implementing several reforms. recently the police department adopted body cameras for its officers and the police commission banned the use of a neck hold restraint which cuts off the flow of blood to the brain. >> the question goes back to now what other options do we have? i think tasers is a good option. >> now, the san francisco police commission has not approved tasers to be used by san francisco police. chief scott says his first order of business, build bridges with the rank and file and with the district attorney's office which has had a tough relationship with the police department in the past. >>> across the bay now to oakland where the mayor introduced oakland's incoming police chief almost three weeks ago. there is still no date for her swearing

overruling career officials and in a national security capacity and elevating political consider ations above it. it's dangerous ground. >> bill: thank you for being here today. 20 minutes past. shannon. >> shannon: several high profile confirmation hearings are about to kick off on capitol hill. tom price and governor nikki haley will be in the hot seat. why they could bring major changes to their respective offices if they're confirmed. >> bill: two days to go until the inauguration. number 45, donald trump is slamming two of his favorite targets. that being the media and democrats. >> he did a bad thing for the country. very divisive. we have a divided country. it is not divided because of me. it has been divided. >> shannon: four confirmation hearings about to get underway on capitol hill including governor nikki haley for ambassador to the u.n. and tom price for health and human services. democrats claim price may have broken the law by buying stocks in two companies and then introducing legislation that would have benefited them. joining me now to talk about that and more republic

director warns that they have no with ation from a country which to compare identity information that refugees have or present or even orally convey, then i would think at some point we would take that information seriously from the sworn testimony. now, i realize that this -- that the past administration has, you know, played fast and loose, when you keep telling the american people and the members of congress that the attack in benghazi was all about a video and you even try to cover that by encouraging the producer of the video to be arrested and put withthis, help really, misrepresentation of the truth, then i guess under those circumstances you don't take testimony from the prior administration's cabinet members all that seriously because you know that they've been out there and misrepresented the truth before. kline's 't know if book, that there's a blood feud between the obamas and clintons were right, but there had to be a reason that hillary clinton didn't come out on the sunday shows after benghazi and make this claim that was adverse to what she emailed her daughter and wha

concluded ation colluded tha pressure valve failed.he spacex report into the explosion, which eli calls the most perplexing failure in 14 years. , thank you for sticking around. let's continue our conversation on donald trump. it seems the administration is shaping up, and given that he has appointed a lot of billionaire businessmen and investors, should we still be worried about protectionism? think so.on't i can't for the life of me think of the type of people he has appointed being dyed in the wool protection is. rishaad: and it's what made them rich in the first place. you add billionaires to your cabinet and you are expecting change? really? >> this goes back to adam smith. he was the great free trader. why? he made the british rich. what are the risks to look out for this year? , a significantm corporate tax cut, bringing home cash u.s. companies have parked abroad, and massive infrastructure spending, that this will not take off fast enough for people to say it is happening, and that is the risk. not that there is something wron

recommending that the health service board approve the investment policy statement and approve the recommend ation made by mu ketoa investment group. if there are questions on the topic or public comment or anyone on the health service board has question about the recommend aigds we have a representative from mu ketoa investment group here to answer any questions you may have. >> what are you going it do? >> i like to move for approval. >> there is a second. >> it is subject to legal review so we bring back the final draft next month if quee have changes. >> yes, the recommendation is included. >> just to be clear, the recommendation is that we approve the recommendation of the finance committee to the board >> accept the draft investment policy statement and to accept the recommendations for-utilize the treasury pool for the city and have quarterly and annual updates qu once every 3 years review the appropriateness of that decision and consider altnchatives. >> the investmentpologist is subject to legal review, correct? >> subject to legal review. >> you want to call for comments from the board?

meanwhile, china's central bank is set to order the notion's -- ation's lenders according to people familiarh the matter. the government has been targeting home on since the first quarter contained runaway areasty promises in deemed to be overheated. french prosecutors have opened a probe into presidential front-runner franÇoise fillo regarding then employment of his wife as a parliamentary aide. note the fi -- collectedillon 500,000 euros over years without doing any work. fillon says the investigation will allow him to put in end to what he calls "unfounded accusations." global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i am nejra cehic. this is bloomberg. francine: thank you so much spirit we are getting some u.k. figures. they are slightly above estimates. 0.6%. that is the move on the pound. services also better than expected at 0.3%. we are going to understand that growth in fourth-quarter gdp was not only german by consumer spending, that can partly be town.ned by the drop in overall, the economy growing 2% in 2016. we will get

. >> is released to the executive order today can hold the trump administradministr ation assured digital privacy of americans that the president looks to strengthen u.s. cybersecurity. >> just to be clear, one of the things the president wants mayor giuliani and the cyberexperts to come in is to get their ideas, to make sure where we are headed in cybersecurity ensures that our critical infrastructure throughout the governmengovernmen t and frankly throughout business to the extent the government can be helpful on that or protect and secure it. i just want to caution what we may or may not do today. the president has a good idea where he's going to go, but he wants to hear what mayor giuliani and other experts have just read about the steps they can take in terms of executive action that will help secure further these critical infrastructures. april. >> shawn, i will couple questions. i want to go back to the issue of his travel ban. >> first of all, it not a travel ban. i apologize. i want to make sure we get this straight. secretary kelley for one of the other individual which i think

to my appreciation for it and say that i think some of the has been a t terrible disservice to our ation, and to the very brave and courageous men and women who that eir lives at risk so this nation can be better our military ing and other force. so i hope that we'll see a also, join the chairman in saying we need policies on what constitutes a cyberattack on nation and provide a more robust response, for example, against the russians, not cyber, but to impose stronger sanctions on their use xports, on of foreign exchange. the response to a cyberattack not be one in the cyberdomain and, in fact, might effective if it hits their economy and their and their livelihoods. so mr. undersecretary, i appreciate your comments in that regard. i don't know whether you want to response to what i have said. i'm out of time so maybe we can that in writing. >> i want to thank you on behalf of all the men and women, they to thank you for that. appearing u all for before us, and mr. secretary and clapper, your final hopes, thank you for your many years of service, clapper, you.icularly i'll add my voices