my book is about justice frank furtherer and i'm writing a chapter of how and why he gets nominated. most people assumed it was a done deal because of his close relationship with roosevelt and that's not the case. host: when you hear that judge gorsuch sitting in his nomination hearing say that the court is not political, he's not political and you think back to felix frankfurter and louis brandeis and for that mat errol i haver wendall holmes, what's your reaction? guest: holmes was the least political. he wasn't a political animal at all. he didn't read newspapers. his only source of news was the new republic and the reason why, he admired herbert and walter and felix frankfurter. other than that, he didn't care about news and didn't care much about politics but frankfurter and brandeis were political animals. i think i would separate politics from constitutional values. all justices have to come to their position with constitutional values. host: in the case of frankfurter how close was he to f.d.r.? frankfurter is and exercised extrajudicial ctivity. today would be considered a g

i say that because of the context is that i am very frank about the fact that i want to seek furtherrovement in scottish education which is why we have a national improvement framework and we have established and attainment fund. headteacher stopped me in the street to talk about what he described as the life changing impact of the new equal equity fact —— fund we introduced. there is progress to be positive about that there is work to do. there is not progress on what matters, which is reading, mathematics, science. in 2006, since 2006 on the main international study, scotland has dropped from 11th to 23rd in reading, iith dropped from 11th to 23rd in reading, 11th to 24th in maths, tenth to 19th in science. that is a terrible performance. those statistics are from two years ago andi statistics are from two years ago and i have recognised those they predate the reform programme that we have put in place. i do think it matters we are not improving where it matters you say, but the qualifications that young people coming out of school with do matter and we see more young people coming

mark: christine, further to michael's point, what do you think a new dodd-frank law might look like? whatever going to hear from treasury secretary today? christine: i would start i saying most of the people we have been speaking to today in the wall street community are not expecting any budget side of changes to go forward. they're not counting on it and they are comfortable with the fact that a lot of new regulatory appointments have been made that they are hoping will be more friendly to them, that there will be a relaxation of some of the rules and the way they are interpreted. i am thinking of some of the stress test, that criteria, things around capital and how it is measured. that is given a lot of confidence to the wall street community that they will be a shift in tone from regulators and a reduction in their compliance cost and having to deal with this. we heard from the administration and they are emphasizing increasing lending to support economic growth, reducing bureaucracy and red tape for companies, so to the degree that that happens to congressional action, obviously

frank will not be repealed. low expectation for change. midterms they say will put the brakes on furtheron because those congressional elections are probably not going to go president trump's way. >> there is a very strong chance that that is the case. and the one thing to remember, you mentioned earlier, traders have to play ball every day there is a big difference between a corporation saying based on president trump's promises, i'm hiring 10,000 people. i'm building a factory. traders can buy on news and sell on news. they're in completely liquid markets. so when you look at the actual market, it is not a direct reflection on what the economy looks like. it's one of the reasons so many people were frustrated in the obama administration when obama said we've had such a strong recovery. well, it was strong in cities like new york, l.a., chicago. but other parts of the country, that wasn't the case. so now when the president is taking all the credit for this booming economy, you're not necessarily going to say yeah, mr. trump, that's all related to you. it's not the case. >> stephanie ru

the biggest bomber we had at that time and fly further, faster, carry a bigger bomb load than any other plane. >> but those that flew in the b-24 like frankadesco and george mcgovern knew it wasn't like the more comfortable b-17. >> interior of the plane was cramped, crowded, cold and dangerous. >> it was a very difficult airplane to fly. i mean, physically, different. you had to use every muscle in your body to keep that plane on a mission for eight hours, ten hours, 12 hours. >> plane designed and built for one purpose only and obviously that was for dropping bombs. >> the b-24 was nicknamed the flying boxcar. it wouldn't win any beauty contests but it was just what the air corps needed. now they had to mass produce the planes in a very short period of time. the army went to the man who wanted to put a car in every american's driveway. >> the government turns to henry ford and says, can you make these parts for what would be the b-24 bomber? ford said, no. i can't. i'll make the whole airplane and then we can start with an enormous facility west of detroit. willow run. >> 20-year-old dave hutchens began their training on the b-24 and th

are looking at it right now as we going to dodd-frank is be very seriously changed so the banks can go back to loaning money. great interview. what furtheran you give us about where the conversation goes from here? do you have a sense there is some action in place as well? meeting with clearly bankers, he wants to dial back dodd-frank. this was about a half an hour interview and this question came very late in the interview. i don't have a lot of extra to add other than when we asked are you inclined to break up the banks, he said this is something i am inking about right now. did he talk about glass-steagall during the campaign? b things really know, sure. thisresident emphasizing is something that is on his mind at this exact moment, something he and his aides are talking about and we could see something soon on this front. in the context of something larger or a larger announcement that may have to do with dodd-frank. did he give any indication of how likely support would be across the republican party? clearly there are a lot of different proposals at this time. margaret: a terrific question and we are looking at this in terms of som

frank. she thought the white house was ordained to her and she was outhustled by donald trump. that's the bottom line. >> neil: she goes further. she talks about the fact that it was almost a rigged game. she was saying that the rnc somehow managed to weaponize the technology to win the election. do you believe that? >> look, what i do believe is that vladimir putin wanted donald trump to be president of the united states. the russians clearly did everything in their power to influence the electorate to donald trump. >> neil: she's going so far to say there were u.s. operatives helping them do that, that it was the trump folks. do you think that goes too far? that she's unhinged here, or no? >> i haven't heard her actual remarks. what i will say, we have to get to the bottom of this. this should not be a democrat versus -- >> neil: do you think donald trump is the duly elected president of the united states? do you think he's legitimate. >> i do. he was elected by the current system in place. >> neil: all right. >> he was elected fair and square in that regard. i think we have a lot of questions that have to be answered. >> ne

a further indication of how many different strands this police investigation continues to have the day, week after the attack. as you look at those pictures, we'll bring in our correspondent frankingester. this investigation is still very much alive in different parts of the country today? yes, that just proves it, parts of the country today? yes, thatjust proves it, there was an arrest earlier this morning in the south of england and in the past hour, we are getting these latest pictures of another site being searched near bury, just north of manchester. this landfill site, forensics on the scene. police on the scene. very much ongoing investigation. police are coming forward to stress this investigation is not over, it is still going full pelt. so in the very early hours of this morning we had even more updates. a raid taking place in the whalley range area of south manchester and one around 50 miles from here in chester. are taking place in the early hours. and one of the most significant things to have happened in the very early hours of this morning was in shoreham—by—sea, at 23—year—old man was arrested on suspicion of terror charges. now we are told he is the 16th person to

frank interview since losing to donald trump. and with president trump saying the job she wanted was, quote, more work and harder than he thought just last week, his former opponent further had this to say. >> i wasn't going to appeal to people's emotions in the same way that my opponent did, which i think is frankly what's getting him into all kinds of difficulties now in trying to fulfill these promises that he made. because you know, health care is complicated. [ laughter ] and so is foreign policy. and other stuff that on a president's desk. i mean, if it is easy it doesn't get to the president's desk. >> i want to put a finer point on this. you said during the break this is the most you have seen from her kind of an after action report. >> yeah. it was -- i think it is her first autopsy really. up until now we only heard her talk about russia. as my co author and i point out i think it is a whole slew of things. it was the candidate she was mismatched candidate for the time. people saw the rise in populism and bernie sanders and the excitement behind him. she was sort of mismatched. it wasn't her moment. she became the inevitable candidate again. there are so many r

further afield. is this in order to take emphasis away from what is going on at home?” in order to take emphasis away from what is going on at home? i think frankl hill, the president came in and thought he was going to have an easy time of getting his health care bill through congress. that has been derailed. he thought he would have an easy time getting his tax package through to reduce taxes here in the us and that is not going so well. i think what you're seeing is the use of executive power in the one area where the president does not have to go to congress or negotiate and he can take these steps on his own. so i anticipate that we will see a lot more foreign policy muscle from the present of his domestic policy agenda is still derailed. thank you. south korea has started a new politcal era as a new president takes the helm. moon jae—in has been sworn in as president. his victory ends almost a decade of conservative rule. the new president has promised to arrive in office and leave office with empty pockets. the le pen family has suffered another loss in france. french far—right mp marion marechal—le pen has decided to quit politics — her

very confident -- frank: we are very confident talking to many customers, and they see the rates are going up. there is except enterprise price increases. if the rates are going furtherlways running slightly behind, but i am optimistic it as long as the volumes are staying strong, then we will see a significant recovery in the second half. as i already said, we confirmed our guidance for this year and for 2020, and we are well on our journey. i have very optimistic at the moment. all signs are pointing in the right direction. matt: you can definitely pass on the price increases to me if i get to drive one of those street scooters refrained, so much for joining us. frank appel, ceo of deutsche post. i would love to. i would even deliver packages. [laughter] matt: i could do moonlighting, a nighttime job. up next, the bonus pulled it he prefer bond traders. bankers need to -- don't need to move might this year. will the rest of global wall street enjoy the riches?we will talk about this big story for bloomberg alliance,. -- bloomberg clients, next. ♪ matt: welcome back to "bloomberg markets: european open." wall street bond traders who have survived years of slumping r