our guest is brad fitch. pac's: wouldn't the super that go around helping these people get elected, would that not be considered an emolument? and number two, i am a disabled veteran and i would like to have people say what they think about the celebrations in france and the united states. your question.or not going to handle trump questions today, i hope you will give me a bye on that one. i'm not an expert on campaign funding, but i'm aware that it is illegal for members of congress to use their own campaign funds on personal activities. there are members of congress even now that are under scrutiny for doing that, it is a pretty big no-no when it comes to the commission. they don't really get that kind of perk. the perks that members get are smaller than you think. a parking spot at the national airport, certified parking for both the supreme court and u.s. congress. and i talked about the tax advantage they have. other than that, it's not like it is portrayed on television. host: of you are on twitter say

it was time for a double whammy of management successor successors rather and should jane and you fitch they had to face the c o two emissions trading scandal and a call to a senior politician fitch and complained about the ongoing investigation by prosecutors when their phone call went public the outcry was huge that came john cryer an outsider who failed to turn the company around financially and had to battle with the financial legal and reputational fallout of the plethora of scandals that took place before his appointment like money laundering for example and now christians even took over in april a company man to the core is when the doj a bank since he was nineteen years old with only a short break so far he's also failed to steer the company towards karma seems to sum it all up since two thousand and twelve the bank had to fork out fifteen billion euros to settle lawsuits and fines from customers regulators all over the world. well let's bring in correspondent only bonce from frankfurt. what's happened since the raids yesterday bring us up to date well the rates continue today t

and the president of the congressional management foundation, brad fitch, on their role in coaching new members of congress and their staffs. ♪ host: in election related news, utah's republican representative, who is losing by a thin margin has filed a lawsuit asking to stop the vote count so her campaign can issue challenges if they dispute the validity of mail-in ballots. eight house races, senate races in florida and mississippi and two in florida and georgia have yet to be called. this is the "washington journal" for november 15. our first hour directed at republican

and brad fitch of the congressional management foundation talks about his group's role in coaching newly elected members and their staffs in preparation for the new congress. be sure to watch c-span's "washington journal" live at 7:00 eastern thursday morning. join the discussion. >> when we study the history of memphis, tennessee, there is pre-april 4, 1968, and there was ost-april 4, 1968. >> you know, memphis was the place of a lot of racial tension, but it was also the place of a lot of racial harmony. >> had there been no cotton economy, there might not have been the need for a transportation hub. so it's quite possible that without cotton, memphis would not exist. in the 21st century. >> this weekend, c-span's cities tour takes to you memphis, tennessee, with the help of our comcast cable partners. beginning saturday at 7:00 p.m. eastern, on book tv, author talks about his book "down to the crossroads: civil rights, black power and the meredith march against fear." and author charles hughes on the role of music through his book "country soul: making music and making race in the ame

borrowing costs for rome have risen during the budget fight ratings agencies are partly responsible fitch and s. and p. downgraded their outlook on italian debt to negative moody's cut their rating to just about junk the fear is that italy's debt could get too expensive throwing the country into a fiscal crisis and indeed the budget dispute is about politics more than finance italy's populist coalition won office by decrying brussels involvement and lauding self governance echoes of which are still heard on italian streets. are we not a sovereign state are we not three to decide our own destiny see what i mean defections of certainly being part of the european union and being one of the founding countries of the european union's italy has to respect certain restrictions and certain rules but i also think it's right that italy has a certain autonomy to try to solve local problems from which the e.u. keeps its distance. passing on the distance euro zone members are meanwhile standing with brussels fearful that italy's teetering debt load will make it the next greece if not far worse under i

president trump certainly making his closing fitch for the gop.n rallies in ohio, indiana, and missouri today alone but some reallies are worried he's not playing up the economy enough. >> all say speak about the economy, speak about the economy. well, we have greatest economy in history of our economy but sometimes it is not as exciting to talk about the economy. right? wall street journal nbc news poll shows 59% of register voters want to change in the direction president trump has leading the country. we ask why the president is now making immigration a bigser issue than the economy or at least that's how it seems we bring in jesse london for research and raul avilar. good morning. good morning. you know jesse i want to talk to you first, with this big push on caravan on immigration is the president risking alienating independence here? >> absolutely not because people don't vote on what you've already given them of the president has accomplish an incredible economy and they have it. they're now looking at one of his campaign promises when he g

our guest is brad fitch.wouldn't the super that go around helping these people get elected, would that not be considered an emolument? and number two, i am a disabled veteran and i would like to have people say what they think about the celebrations in france and the united states. your question.or not going to handle trump questions today, i hope you will give me a bye on that one. i'm not an expert on campaign funding, but i'm aware that it is illegal for members of congress to use their own campaign funds on personal activities. there are members of congress even now that are under scrutiny for doing that, it is a pretty big no-no when it comes to the commission. they don't really get that kind of perk. the perks that members get are smaller than you think. a parking spot at the national airport, certified parking for both the supreme court and u.s. congress. and i talked about the tax advantage they have. other than that, it's not like it is portrayed on television. host: of you are on twitter says each c

. >>> aber krofrp and fitch forecasts a jolly holiday quarter. the retailer reported profit that more than doubled in the recent quarter. it alsotr postedger than expected sales growth and reduce the number of stores is plans to close. e company says sales in the current quarter will be better than expected. that sent the stock up more than 20% $20.70. >>> dollar tree said tariffs will have a minimal impact on its operations this year. and that alleviated some concerns and overshadowed thesu rise drop in same store sales at the family dollar unit. the stock gained 6% to 88.43. >>> express cut the profit and earnings guidance for the year. at retail crediting discounts and slower than expected foot traffic. they forecasted on those instead of expected earnings, sending the stock lower. >>> i yeti's first earning report as a public company it beat profit estimates and tlook.ed the upbeat however sales numbers were shy of expectations due to weaknessy in lux cooler business. and the stock cooled off falling 16% to $16.10. meanwhile unilever ceo is r

people aboard off the coast of indonesia former national transportation safety board director jamie fitch will join all of that directly ahead but first we hit some headlines let's hit. last week we spoke about the tax on big internet related companies like google and facebook in the united kingdom and noted the european union was also considering a three percent tax well in news today that the e.u. has at least temporarily abandoned the proposal after a group of member states including ireland sweden and denmark all said they oppose it while the tax proposal appears to be dead if resurrected it will need approval from all twenty eight member states. spanish banks are celebrating after a large legal victory related to the spanish supreme court ruling which exempts the banks from paying a. so-called stamp duty tax on mortgages the ruling overturns a decision last month and saved the banks five billion euros or roughly five point seven billion dollars alberta guards on the federal coordinator for the united left party wrote a tweet and said quote what can we expect from a justice department

abercrombie and fitch gave a rosy forecast for the holiday. stocks up 20%.but for some reason the stock is up nearly 6%. lower sales at express cut its forecast amounts would have been spared down 10%. now this. nasa administrator jim bridenstine says the united states is returning to demand and it's happening sooner than you think it today at 2:00 nasa will announce new partnership for american companies, the first nasa is going to be with us next. place, the xfinity xfi gateway. and it's strengthened by xfi pods, which plug in to extend the wifi even farther, past anything that stands in its way. ...well almost anything. leave no room behind with xfi pods. simple. easy. awesome. click or visit a retail store today. stuart: nasa is going to reveal today at proposal return to demand. come on in nasa administrator time. you know what i'm going to ask. i know the announcement of the 2:00 this afternoon, but can you tell me now on this program are you going to send astronauts to the moon in when are you going to do it? >> the answer is both at the astronauts wi

and brad fitch of the congressional management foundation talks about his group's role in coaching newly elected members and their staffs in preparation for the new congress. be sure to watch c-span's washington journal live at 7:00 eastern thursday morning. join the discussion. >>> join us this weekend for live coverage of the miami book fair. starting saturday at 10:00 a.m. eastern with journalist michael isikoff and david corn. at noon an interview with justice sotomayor. at 1:00 p.m. eastern, trump 2020 campaign manager discusses her book. and at 3:had a p.m. national review columnist with his book "suicide of the west." on sunday our live coverage continues at 10:30 a.m. eastern with alan dershowitz. at 11:00 a.m., a discuss with the author on her book. at 2:55, we discuss with the author. at 6:00 p.m. former secretary of state john kerry, with his memoir, "every day is extra kwlgts. watch the miami book fair live this weekend on c-span 2's book tv. >>> c-span, where history unfolds daily. c-span was kraefted as a public service by america's cable television companies. and today we

manufacturers with alex money piloting plush former national transportation safety board directors jamie fitch will join us to discuss boeing's warning related to those seven thirty seven max jets that's the same plane the lion airplane which went down in indonesia last week killing one hundred eighty nine people as we go to break the dow jones jumps up over five hundred points today the nasdaq and s. and p. are also up as well we'll see after the break. finally the midterm elections and there are many questions with these races a referendum on donald trump's time in office what will the democrats are doing power and what are trying to chances in twenty twenty . in twenty forty you know bloody revolution two to crack the demonstrations going from being relatively peaceful political protests to be creasing the violent revolution is always spontaneous or is it just a lawyer here but i mean your list put video producer in the new bill is that i do split needle the former ukrainian president recalls the events of twenty four g. and. those who took. it invested over five billion dollars to assist u

borrowing costs for rome have risen during the budget fight ratings agencies are partly responsible fitch and s. and p. downgraded their outlook on italian debt to negative moody's cut their rating to just about junk the fear is that italy's debt could get too expensive throwing the country into a fiscal crisis and indeed the budget dispute is about politics more than finance italy's populist coalition won office by decrying brussels involvement and lauding self governance echoes of which are still heard on italian streets. are we not a sovereign state are we not three to decide our own destiny this is what i mean the factions of certainly being part of the european union and being one of the founding countries of the european union's italy has to respect certain restrictions and certain rules but i also think it's right that italy has a certain autonomy to try to solve local problems from which the e.u. keeps its distance. while a matter passing on the east euro zone members are meanwhile standing with brussels fearful that italy's teetering debt load will make it the next greece if not

haven't been trained on this and that that it wasn't even in the manual for this new aircraft jamie fitch thank you so much for being here jamie appreciate the update absolutely. and we're going to squeeze in a brief pause for the promotional cause but stay with us because when we return we look at the huge hype surrounding the new amazon headquarters location and what were the deciding differentiators plus we consider the business of the u.s. environmental protection agency which continues to have pretty pronounced personnel problems molly barrows was join us as we head to break oil prices staff there twelve days down we told you about last time west texas intermediate trade it up just a little above six fifty six dollars per barrel at nymex as does the global benchmark brant crude which trades at the intercontinental which change in europe ice futures europe in london which closed just above sixty six dollars per barrel and here are those numbers at the closing bell we. could total more on the beach to close those troops immediately sent its shots the steadily shrinking. look to. be tot

manufacturers with alex month high living plush former national transportation safety board director jamie fitch will join us to discuss boeing warning related to those seven thirty seven max jets that's the same plane the lion the airplane which went down in indonesia last week killing one hundred eighty nine people as we go to break the dow jones jumps up over five hundred points today the nasdaq and s. and p. are also up as well we'll see after the break. what started the revolution recently against mubarak was that the price of wheat went up to the price of food went up to forty to fifty percent of the monthly budget of the average injection and therefore we've all that if you want to create a revolt if you want people in the streets rioting if you want a global insurrection against banker occupation keep keep rising without raising the price of fish can't raise the price of food and you'll get your out you get your insurrection you'll get your torches and your pitch forks you'll get your hundreds of millions of starving people on your front lawn demanding to be fed you'll get it. i think it

manufacturers with alex money high living plush former national transportation safety board directors jamie fitch will join us to discuss bowling warning related to those seven thirty seven max jets that's the same plane the lion airplane which went down in indonesia last week killing one hundred eighty nine people as we go to break the dow jones jumps up over five hundred points today the nasdaq and s. and p. are also up as well we'll see after the break. there's no break here and no one to know why says terrorists. memories. twenty four years ago this country sold. to the world. after the genocide there are women in rwanda the men. fell to women to fix the broken. welcome back a g.m. marine one of the largest shipping fuel traders has filed for bankruptcy protection in new york the bankruptcy comes as a g.m. has faced increased troubles including those discovered by the relatively new owners of the company which conducted ought it's going back to two thousand and ten one of the fine he reported last week was a write off of two hundred million dollars in an otherwise expected payments it appears

it has been raised to investment grade by fitch with an outlook of stable. chrysler upgraded fiat to a triple b minus. this weakness is potentially because there are reports fiat chrysler may bid for exeter financial, which is a unit of blackstone. a financial company. it does have some stake in subprime auto loans. potentially fiat chrysler may bid for that company. there's also a lot of news in point is there is. trade takes the spotlight. for more on what's happening we are joined by michael mckee, bloomberg's international policy and economics correspondent. so far we had most if not all the leaders, with the exception of one join. merkel cominga late because she had airplane problems. got on a commercial flight from the dreaded to buenos aires. president trump was supposed to meet with her this afternoon and said they would meet tomorrow. it has been a day to talk about trade. the potential for a trade deal with china is on everyone's mind. this morning the president joined with the prime minister of canada, justin trudeau, and the president of mexico,

were someone who was engaged with abercrombie & fitch, for example, you might be a bit more liberal and if you were someone that likes to wear jeans made by wrangler, maybe you were more on the conservative side. one of the keywords that was used, they like things to stay stable. so, it is interesting just how important those sorts of associations were between the brands that someone likes and the way they are politically leaning. emily: facebook is under criticism from all fronts right now. how much do facebook executives and facebook investors need to worry about cambridge analytica going forward? nate: facebook has spent the last few months either being -- with ceo mark zuckerberg being demanded to speak in front of parliament in britain, so far refusing. week, one of his privacy chiefs was here giving evidence to a parliamentary committee. they made a point of putting an empty chair with mark zuckerberg's name in front of it, just to show he was supposed to be there, that they wanted him there, and that he refused multiple times now to show up. that's not going to go away, probably,

we have some outside movers here.abercrombie & fitch , 21%. a short squeeze. la-z-boy up 2.7%. they beat. investors liking that. express plunging 15%, although well off their lows. the full-year missing. dollar tree up 3.7%. investors are liking that as well. theerday the big news was dovish perception out of jerome powell. this is not entirely surprising considering the chart of the 10 year yield we have been looking at for quite some time. it is a one-year chart. thiskup in rates earlier year to the 3% level and then this range between 2.75% and 3.25%. more recently, this area of congestion telling you bond investors were not certain whether the fed would stay on its tightening course. that area of congestion going to the bonds, bulls -- bonds bulls. 10-year now confirmed for the bottom end of the range, closer to 2.85%. something to keep an eye on and whether it will mean a period .of risk off something to keep an eye on for . something to keep an eye on for sure. guy: 90 minutes to go until the close of regular trading in europe. that is certainly a factor for european mark

it is expected to fitch $60 million in the u.s.ne of two known to exist master.ong dynasty he was compared to leonardo da vinci. global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. ramy: thank you. let's go over to sophie with another look at the markets. colleague our characterizes it, it looks like a strike through the week. we count down to the g20 summit in argentina friday with the trump-president xi meeting very look forward to. these markets are now back online, plenty for investors to consider this monday. this as the mitsubishi motors board will decide carlos ghosn's fate later this afternoon. we will have a look at japanese manufacturing for november. as annabel discussed, we have brexit getting the thumbs up from the e.u., so we are seeing moves in the pound, edging higher, but sterling hasn't made much headway, but currency strategists see a move to 135 for sterling should the u.k. parliament give the nod. , it is

it is inspected to fitch $60 million u.s. in hong kong. of two known to exist by the 11th century song do master.ster -- dynasty he is often compared to leonardo da vinci. global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am tom mackenzie. this is bloomberg. ramy: let's check in on australian markets with sophie kamaruddin. i am seeing some red. sophie: it is the color for sydney stocks. ae asx 200 is up, heading for third day of losses. the aussie dollar holding steady at the start of the week that will feature construction and capital spending data for the third quarter and private sector credit for october. and then we are getting divergence as to where to go from here by the aussie share market rate morgan stanley seeing more downside risks ahead, downgrading shares to underweight while goldman is cautioning investors to not be too defensive with no recession on the horizon seen frost really. producers are under pressure after crude prices poste

shares removed the lenter from the negative watch they're planning some recapitalization, however, fitchas warned that the bank's credit profile remains, quote, highly vulnerable. danske bank's whistle-blower is talking to u.s. law enforcement agencies over the lender's money laundering scandal according to "financial times." they report that the former manager has been cleared to talk to both the department of justice and the securities and trags network. meanwhile, hitachi could be preparing a $13 billion offer for abb's power grid business. that's according to the "financial times" as well. abb shares jumped as you can see there, 1.5% on friday, up 1.4% this morning amid reports that there are potential suitors. both firms have declined to comment on that report so far. volkswagen will invest 44 billion euros in electric. they will hold a conference call later today to outline the plan. the ceo told cnbc on friday he believes vw will become the world's most profitable electric vehicle producer. >> the electric vehicle's first generation will be tough to achieve the same level of margi

. >>> fitch says the u.s. midterm election results could slow deregulation efforts by the trump administration president trump has already rolled back some aspects of the dodd-frank financial restrictions, but a democratic house could stall further changes to that. we're joined by the former uk ambassador to the u.s. there are obviously going to be areas of contention between president trump and a democrat controlled house as there were between john boehner and president obama. do you think there's areas of policymaking where they could find common ground things like drug pricing like infrastructure spending >> in theory, yes. i think it's a good start that the president congratulated knonancy pelosi who could be th new speaker of the house america's infrastructure is crumbling, does need money, and it got stuck during gridlock previously that's not impossible. but on an awful lot of other things it won't be easy. this is a president who has been polarizing, critical to democrats, and there are lots of democra

nearly 12 hourings on campaign trail hitting up missouri, ohio, and indiana where he's making his final fitch is the radical democrats take power, they will take a wrecking ball to our economy and to the future of our country. you will be making a simple choice a vote for republicans is a vote to continue our extraordinary prosperity. >> in ohio, president told his supporters this election is a referendum on his administration. as well as the future of what america looks like. >> the keys you have to go out to vote because in a sense i am on the ticket you have to go out to vote. and you have to protect your rights and your freedoms -- >> he capped off a busy day in missouri where he's hoping to push gop senate candidate josh hawley over finish line in his race against democrat incumbent claire mccaskill. >> for every family in every city, in town all across our land, we are going to work. we are going to fight. and we are going to win, win, win, and not stop winning. [applause] so while today is about majorities in both the senate and the house, it is also important the size of those majorit

. >>> and twitter shares on their worst pace for the month >>> abercrombie & fitch soaring 20% on its earnings beat hey, bill. >>> i'm bill griffith. let's get straight to what's driving today's agenda we have bob pisani at the new york stock exchange following where the money is going jackie dean lgelideangelis, yla eamon javers is in buenos aires with all of the headlines in the g20 summit and the president's meeting with president xi. let's begin with bob at the big boards robert >> good to see you as always, old friend yesterday was about powell, today it's about tariffs let me show you an a&p intraday with significant points. around 10:30 eastern time we were lower the president says he's close to dog somethi doing something with china then the market rallies, then he says he's not sure what he's going to do and the market moves on then the there's a dow jones headline, china is exploring a deal to deescalate trade tensions this is from the china side. now the market rallies again folks, today it's what about's going on with tariffs so let's look at the market macro picture here

one month after he was named, shares about to rack up their eighth straight session of losses after fitchd moody's and s&p, the ratings agencies, in downgrading ge's credit rating, tracking every phase of what can only be described as the slow demise as one of the most famous conglomerates of all time. charlie gasparino, hold on. $9.06 is what the stock hit today. >> yeah, i know. it's now trading at the lowest level since the financial crisis. remember, you might not have been working at ge at the time. i was working at a subsidiary. liz: i was gone in 2007. >> i was at cnbc, a subsidiary of ge at the time of nbc which was owned by ge. ge was almost bankrupt. i mean, insolvent. it couldn't roll over its commercial paper, its stock fell to about $6 a share. this is the lowest level it's been since then. i think one of the problems is that people don't know what larry culp, the new ceo, is going to do. here's some things we have been able to cull, just talking to former ge executives. he has been mum about his turn-around plans with outside executives. immelt spoke with outside executives.

stock it is interesting, my stock of the day is abercrombie & fitch. stock is up huge, up over 21% but another stock looked very compelling. dollar tree. the stock was down four bucks t turned the power jets on. we're seeing these retail stocks coming back big-time. a lot of them have business, you know are tied to china, under armour, nike. so far, so good for those shareholders in 2018. >> yeah. there is china ties, china, provided a lot of opportunities. abercrombie, is another great study. you don't have to buy it for the models but buy it because there is a great outlook. what is interesting, you saw retail weakness leading into the november periodish, as fed scares got higher. you look at some of those numbers you mentioned, consumer confidence, stock balances, 401(k) balances at record highs. your point about jobs, charles, exactly right. not only people making more money especially on the low income end. in talking to them, they are confident if they don't like their job, if a family member loses their job they will find another one. that helps

. >> reporter: mike fitch sells fine organic olive oils and balsamic vinegar.tems not found at big box stores. that he says is what makes his store so successful during the holidays. >> up through the holidays from here on it's just pretty much insane. >> reporter: small businesses in sand carlos on the peninsula are grateful to american express for starting this saturday after thanksgiving trend in 2010. since then, it has become the day to really support brick and mortar businesses small and local. linda owns ambassador toys in the west portal neighborhood. >> places like amazon are really stealing the business away. and so, you know, you're not going to see little shops along the way. you're not seeing that local business unless you know the neighborhood in the city begin to support it. >> sarah kels o lives in skrom but as a child west portal was where her family shopped. >> this is our sixth generation from the area. >> oh. and supporting local businesses. >> absolutely as you can see here with our -- a nice board game, huh. >> her son, 3-year-old vaughn l

. >> mike fitch sells fine oils and balsamic vinegar.t big box stores. that's what makes his store so successful during the holidays. >> up through the holidays from here on it's pretty much insane. >> reporter: small businesses in sand carlos on the peninsula are grateful to american express for starting this saturday after thangiving trend in 2010. since then it has become the day to really support brick and mortar businesses that are small and local. linda owns ambassador toys in san francisco's west portal neighborhood. >> places like amazon are really stealing the business away. so you're not seeing little shops along the way. you're not seeing that local business unless you know the neighborhood and the city begin to support it. >> sarah kels o now lives in sacramento. but pass a child west portal was where her family shopped. >> this is our sixth generation from the area. >> oh, and supporting local businesses. >> absolutely as you can see with a nice board game, huh. >> her son, a 3-year-old left with the game hungry hippo. >> ma

one cautionary note, abercrombie & fitch, i want you to see this stock, amazing up 21%. they beat on earnings. retailers said they will close fewer stores than expected. they topped third quarter earnings and sales expectations. total same-store sales up 3%. they're describing this as a solid start to the holiday shopping season. a rare win for a brick-and-mortar retailer there. finally boeing stock, bucking expectations here and the negative trend we've seen. shares up almost 3%. hear what cowan had to say about the number one aerospace stock for 2019. it would take a sharp economic slow down they say to disrupt favorable production outlook. talking about boeing shares, you can see they're doing very well today. the rest of the market pretty flat. good news in my view. back to you guys. connell: gerri willis on the floor of the exchange. melissa: wall street keeping a close eye on the upcoming meeting between president trump and the chinese president. blake burman in buenos aires with latest. blake. reporter: president trump set to land here late in the evening and afte

mike fitch sales fine organic olive oils and balsamic vinegar. >> up through the holidays on, it's insane. >> it's all good. bedlam is good. >> he is hoping sales will go up, but he says even more important is that customers keep his store in mind all year long. and you know what i like about these small business series that one-on-one attention that you get from the employees. and of course they really know what they are selling to you. so i have to say noe valley, i live very close to here, is one of my favorites. but this holiday, this event, if you will, this small business saturday has become so popular that now it has its own facebook page. doesn't everybody? i'm live in noe valley, lyanne melendez, abc 7 news. >> that's how you know you've made it. >> for sure. >> thanks, lyanne. >>> san jose's iconic christmas in the park opens to fanfare tonight and promises to be bigger than ever. >> community members stepped up to fund the decades old holiday tradition. >> trees, lights, and lots of action. christmas in the park has returned to san volunteers spent the day putting the finishing

experienced serious growth, churning out custom fixtures for such big-name clients like abercrombie & fitch, chanel, and universal studios. larry: take it to disney. lemonis: but a recent drop in revenue has drawn larry into a vicious circle. jason: high-low is officially dead. larry: oh, no. lemonis: anxious to control costs, he's cut much of his staff, hampering operations and putting even more pressure on the business. larry: we've been waiting a couple of weeks for this. lemonis: i'm excited about this opportunity, because let's face it -- everybody needs a light. and despite its troubles, vision quest has a reputation for innovative designs. larry: this is stainless-steel wire with fiber optic that's strapped to it. lemonis: i'm confident i can help larry find the light at the end of the tunnel and emerge stronger than ever. -hello. -maria: hi. how are you? lemonis: good morning. i'm marcus. maria: i'm maria. nice to meet you. -lemonis: how are you? -maria: i'm very well. lemonis: the owner is larry? maria: the owner is larry. lemonis: is larry here? maria: yes, he's here. i'll get him

he is currently working on a biography of fitch john porter. before we begin, i am going to project a bit of what we are trying to accomplish here today. at the very end of american hero, american myth, she puts a twist on the very famous groucho marx question that he would post on you bet your life. who is really buried in grant's tomb? she asked is it a democratic hero? is it a butcher general? is it a corrupt politician? and what she is getting at are the varied interpretation that grant has enjoyed over the course of not only his lifetime, but in subsequent years. i think in many ways that there is an enduring popular idea that grant was a butcher, that he was a corrupt politician, i think is our panelist here today are going to offer, there's a much more nuanced portrayal of grant. as we will discuss, rent himself actively constructed and cultivated that vision, starting in 1885 that was explicitly his family and financial ruin and on the brink of humiliation. he then starts an 11 month task and completed one week before his death. during

host: brad fitch is with the congressional management foundation, resident and ceo. if you want to find out more,-- we now take you to the house of representatives. [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the .s. house of representatives.] the speaker pro tempore: the house will be in order. the chair lays before the house a communication from the speaker. the clerk: the speaker's room, washington, d.c., november 15, 2018. i hereby appoint the honorable michael k. simpson to act as speaker pro tempore on this day. signed, paul d. ryan, speaker of the house of representatives. the speaker pro tempore: pursuant to the order of the house of january 3, 2017, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate -- january 8, 2018, the chair will now recognize members from lists submitted

supply chain with morgan stanley specifically singled out names like gap, kohl's, and abercrombie & fitchthe risk reward proposition when you look at stocks and bonds in particular, junk bonds, high yield bonds versus the s&p 500. you can see the pendulum has swung back to high-yield bonds from stocks earlier this year, this is basically a measure of the united states versus similar measure on stocks, earnings deals on the s&p 500, investors are earning the most yields to own junk bonds are than earnings yield of the s&p 500 since 2016. this is even as stocks do selloff, at some point by some measures, more than corporate bonds. you can see that actually the yield proposition is looking more attractive and perhaps this explains why we are seeing some inflows into a high-yield bond etf that we take a look at the biggest high-yield bond etf in the u.s., we see in the past couple of days that has an influx of hyg, and that info yesterday at $750 million. maybe this is just some kind of trade with derivatives, etc., but also, there is the sort of potential that even though the credits further

then you had the power of abercrombie & fitch.secret take a stumble as well. the u.s. is not playing in the same style arena it used to terms of touching people's lives day in and day out. yes, there are delivery brands like amazon doing it, but you don't have the power you have in other cities. tom: from your point, synthesis maybe of what the elite are doing, what they are thinking, what they are actually doing with their money. fit in the americans right now. a one-off wrapped around a president of the united states, or do you sense a real seismic change of where the united states fits in to the aesthetic of the world? -- it is a one thing great question because i think there is still a drive. there is still agenda set probably on both coasts, whether we look at film -- i think certainly the role that pop culture, whether it is on the small screen by netflix or amazon, that certainly has an influence. wase i thought you're going the bigger issue. i have noticed in the last certainly 18 months for the first time when i really ha

and brad fitch of the congressional management foundation talks about his role in coaching newly electedbers and their staffs. sure to watch c-span's washington journal, live at 7 a.m. eastern. join the discussion. >> join us this weekend for live coverage of the miami book fair, starting saturday at 10 a.m. eastern. the journalists discuss their book "russian roulette." with chiefterview justice sonia sotomayor. trumps campaign media advisory board member discusses her's book. p.m., jonah goldberg, with his book suicide of the west. on sunday, our live coverage continues at 10:30 a.m. eastern with allender show with discussing his book the case against impeach trump. alissat 11:15 a.m., quart on the middle class with her book squeezed. then, chris steigerwald discusses his book, every man a king. and it 6:00 p.m., john kerry with his memoir. fair, liveiami book this weekend. >> c-span was created as a public service. today, we continue to bring you unfiltered coverage of congress. and public policy events in washington dc and around the country. c-span has been brought to by your cable

you have the very famous michelangelo, abercrombie and fitch model version, the strong young lawyer,lized male form. many of the very almost effeminate sculpture of a very reflective young david by donatello, completely different man. you hadik the david a look likea street thug that you wouldn't want to meet on a dark night, and on and on and on, and this character so capacious that i was able to project their own vision onto him. i was interested in the element but it was one of my son was studying for hison bar mitzvah going regularly to temple, and i was reading the biblical story of david again that i realized how much is in it. it's really the first political biography we have from soup to nuts. we meet this guy as the child and we followed him to his deathbed in extreme old age, and in between everything happens to him. every amazingly good thing that could happen to you, the love, the professional triumph, the artistic triumphs. and every nightmare, worst things you can imagine, having her children kill each other, having a child turn against you, a beloved child, losing a ch

you talk about that every day i don't need to fitch you but our economy is winning we have lowest unemploymente have of seen since 1969 the year we put a man on the moon 1969 -- we've had 11 months where unemployment in this country has been less than 4% and six of them have been is under trump and we're going to have a lot more under trump. >> did the message get out? did voters, you know -- trump's policies with the results of those policies -- >> americans what i can tell you americans are very, very smart, and they can cut through nonsense and bs unlike anybody. and you know, what "new york times" does this every single time. every single time this is their mo they've got it -- in fact last election going in, the the morning of the last election, in new york tiles gave my father a 1.9% chance of winning. the morning -- november 8th of 2016 "times" gave a 17.9 chance of winning they got it wrong. greatest writers in the world they do not understand this country. they do not understand it. all of our jobs left they went to -- you know mexico, they went to china they went to other places. the

you have an 18 percentage point loss, abercrombie and fitch, deep, deep losses for these retail stockse were talking about black friday, 60% to 70% at arrow spatial. what does that mean for abercrombie. and retailers were able to keep raising prices and they turned out in the margins. and freight costs, both companies mentioned that but what can save these stocks? >> the market is capitulating. it is a good buying opportunity with evaluations that are more reasonable and capital management, the retailer investor, and it will get stronger. dagen: that argument, you continued to see that on a downdraft in all of these. apple putting pressure on the market earlier in the week. >> tech, a huge move up, a huge move down. at some point you have to find grounds where the markets valuations are reasonable. tech will never get reasonable. you are trading at 20 times earnings which is premium market. they make it is a growth sector where they value it. we had facebook admitting late on wednesday they hired designers on purpose so we would miss deadlines thursday. cheryl sandberg admitted to know