. >> officer jeffries. >> very good officer, you're in good hands. >> i appreciate that. it's not often i say that when one cop hands me over to another cop. thank you for putting me in good hands. >> just so you know, officer jeffries, this is my first time ever in a police car in any capacity. >> oh, yeah? >> in any capacity. >> good, good. >> i'm going where no other civilian black man has ever gone before, to the front seat of a police car. mama, i made it. >> camden has a reputation of being a rough area. this is the district you patrol? >> this is the district i patrol. the majority of the time, this is the area. this street right here is very heavily trafficked for drug activity. >> this seems like a pretty, i would say, frothy area. there's -- it's clearly a city that is having some urban blight, and there are a lot of buildings that are empty. people used to live in there and do business there and those businesses have left. what surprises you most about the job? >> to hear what camden once was, this is where you wanted to go. you wanted to go to vacation in camd

i will talk to congressman hakeem jeffries. he will join me next.is bloomberg. ♪ ♪ this is bloomberg markets, the trump economy and let's start with headlines on first word news. mark: thank you, british home secretary andrew rudd has criticized u.s. officials for leaking details about the manchester terror attack. happens it better not again. she was unhappy that some details including the attackers name were reported by u.s. media before british authorities were ready to release the information. meantime, a fifth suspect has been arrested. written's political leaders will resume campaigning on friday in an effort to return to normal business following the manchester bombing. prime minister theresa may's fullrvatives will resume national campaigning friday. the opposition labor party says pursue a similar timetable. the election is june 8. president trump met with prime minister today. he will meet with officials from nato and the european union which are both headquartered in brussels. several thousand anti-trump demonstrators gathered in the city

we're going to talk to congressman hakeem jeffries from the judiciary committee. does the president need a personal lawyer? the white house meeting on that question has already happened. we are going to tell you about it. >>> also, why the president talking about domestic fbi issues, why with russian diplomats? what's the kremlin's angle in all this? that's ahead, too. this is a story about mail and packages. and it's also a story about people and while we make more e-commerce deliveries to homes than anyone else in the country, we never forget... that your business is our business the united states postal service. priority: you i had a very minor fender bender tonight in an unreasonably narrow fast food drive thru lane. but what a powerful life lesson. and don't worry i have everything handled. i already spoke to our allstate agent, and i know that we have accident forgiveness. which is so smart on your guy's part. like fact that they'll just... forgive you... four weeks without the car. okay. yep. good night. with accident forgiveness your rates won't go up just

jeffries. mr. jeffries: i enter a letter from f.c.i.u. which states it will leave millions without health insurance. mr. scott: i yield one minute to the gentleman from new york. the speaker pro tempore: the gentleman is recognized. mr. jeffries: house majority has once again made clear that under republican rule, the system is rigid. the fix is in. the deck is stacked against hard-working americans. and exhibit a is your reckless republican health care plan. under trumpcare, 24 million americans will lose access to health insurance. under trumpcare, a draconian age tax will be imposed on people between 50 and 64. under trumpcare, costs will go up, premiums will go up, co-pays will go up, deductibles will go up. under trumpcare tens of millions of americans who are living with pre-existing conditions will be screwed. house republicans are out to destroy the american health care system as we know it. but you will be held accountable for the cruel and unusual punishment that you have decided to inflict on the american people. vote no agains

joining me now, congressman hakeem jeffries, democrat of new york, and the new york times reporter yamish al cinder, msnbc contributor. congressman, the president fires the fbi director. and he fires him without a phone call, without a meeting. in fact, he was speaking on the west coast, arguably 3,000 miles away, to fbi personnel, when one of them sees a news flash he's fired. how do you fathom the way he was fired and the reasoning that he gave, the president gave, he fired him because of how he handled the hillary clinton situation. someone that this president called crooked hillary all last year. >> from a process standpoint, completely disgraceful, certainly many of us on the democratic side of the aisle believe that james comey made some mistakes in context of the hillary clinton investigation. he is a talented, distinguished, long-standing law enforcement professional who sacrificed a great deal to serve this country well. he deserved to be treated better. as for the substance of the firing, the initial smoke screen that came out of 1600 pennsylvania avenue, all about donald trump

. >>> this could be a catch 22 for jordan matthews with the addition of jeffries and torrey smith it could make matthews better but also expendable into the final year of his deal. here is the long line of receivers and they drafted two guys. matthews calls the trade rumors fake news but here is the facts. the worst season, three touch downs, he has to step up his game. >> feel like competition is what will help breed production, you have more guys coming in working you don't have time to worry about this this and this and you have to worry about making plays every day. the competition is raised and it will help us most. >> the biggest thing i am excited about is that they are competing. competing within the group. pushing each other and helping each other out and that is great to see. it will make everyone better. >>> a few holiday weekends away, penn state will kick off the football season here on channel 6 labor day weekend saturday september 2nd against akron at home. >>> and jay wright gets a verbal commitment from one of the best high school players in the country. brandon slat

jeffri, many thanks.e —— to singapore, where canada's trade minister is on a visit. karishma vaswani is in singapore. donald trump talked about the trade deal, he said it was a disaster costing millions of american jobs. he has talked about withdrawing from it completely if he cannot get better deals with canada and mexico. so canada has been looking further afield, to asia, in fact, to sign some new deals. this week the canadian trade minister has been touring asia, vietnam, singapore, south korea and japan. we spoke to him today and he told us that nafta has been extremely beneficial, not just for canada but for the us as well. this agreement has provided millions of good middle—class jobs on the boat side, 9 millionjobs in the us depend on canada but what makes it different is the relationship is unique, because we don't sell to each other, we make things together. look at a car, for example, a typical car would often ci’oss example, a typical car would often cross the border seven times before reachin

most european stocks after jeffries downgraded them from hold to buy partly due to uncertainty in brazila name to keep an eye on. greece, the country's parliament, approving new austerity measures and reforms late last night. the package is necessary to unlock billions of euros in aid and pave the way with the deal for greece's creditors. the stock market seeing a one-month gain of over 15% on this debt deal. energy giants have been lining up to invest and build infrastructu infrastructure. taking place this weekend could change that if president rohani isn't re-elected. foreign investment in iran could become much more difficult. sarah, that's why this, of course, is an election we're watching very closely. back to you. >> seema, thank you. >> make his foreign debut, departing for sawed a arabia later today. president trump tweeting getting ready for my big foreign trip, will strongly protecting american interests. that's what i like to do! let's bring in ian bremmer and james jeffrey, former ambassador to iraq. it's interesting that they're going into this, preparing this big arms deal

the company coming out with numbers that beast estimates, -- that the estimates, jeffries saying theompany shut the lights out in terms of these numbers. some of the other companies that makes it different testing components, dan and her -- danaher up as well. a check on the dollar index, it had been lower today but it is turning up slightly today. steady losing streak for the dollar over the last weeks, losing more than 2% in that time. left -- left on the two-state equity session, looking beyond manchester overnight and looking in the strong day today in germany, it has proven there is a resilience in equities in the midst of terror attacks. the stoxx 600 is up by one quarter -- by .25. let's not forget 22 people have died in that suicide attack at the pop concert packed with children in manchester, 59 injured. this is a two day chart of the pound versus the dollar. this is the time when the attack news started to come out, just after 10:35 p.m. last night. sterling is off its lows. it was down by about .33 and it is still lower but for the day down by .33. for the two days, down b

jeffries: i'm very happy to be here. i think reporting should focus on the core issues and the core work of public schools. obviously, the choice conversation is relevant and significant, but it really deals with a relatively small number of kids in terms of the overall scheme of things. particularly, outside the public charter school sector i would push. withe, particularly implementation plans, standards accountability. what are the standards states will include in terms of what they expect of kids? are the standards aligned with ensuring that kids are college and career ready when they graduate from high school? by the standards aligned with the ongoing shifts in our labor market, which is changing at a pretty rapid rate? how our school districts going to hold individual schools, and our schools holding teachers accountable, to make sure kids are educated against those standards? what does the accountability mechanism look like? we've had a history -- and this is where people like me would support a federal basic equi

robert jeffries is a member of president trump say that is a recount of any joins us now.n in us, pastor. >> thanks for having me. >> what messages the president spending on transcending? not just had to say, the religious communities across the globe in here as well. >> it is often said the first foreign -- as he looked at president trump's itinerary for this trip, it shows he is the right priority, especially establishing peace in the middle east. by going to the epicenter of world religions, he is demonstrating that although islam, judaism and pushing entity are radically different in their beliefs, they have a common interest in defeating radical islamic terrorism. frankly, only a president like president trump who recognizes the reality of radical islamic terrorism has the credibility to build a coalition. elizabeth: my question for you is yes, you certainly want to see radical islam, but at the same time he's tried to bridge the divide between moderate muslim communities in making the effort during this trip. how does the lot of very fine line in doing so? >> well, t

. >>> joining us live from london, willem jeffries. >> we've got the ftse, dax from germany, the frenchfar this morning. the rally on wall street that ended, in the end, quite flat. volatility, though, is very interesting. the gauge that people use for volatility based on s&p 500. it's a 23-year low, the lowest it's been since 1993. some indication that people on wall street are a little less worried about the geopolitical risk they've seen out there with the election of emmanuel macron. it's not doing much for the euro. and emmanuel ma macron with trump in the equities market seems to be continuing, as we say here in the uk, keep calm and carry on. lewis? >> thank you so much. >> still ahead, hail that pounded parts of the west yesterday is back in the forecast today. bi karins has muc more on what areas are ie storm zone. plus this. >>> we are in a new moment, in a pivotal moment in american history in contrast of the gentleman here, we have a president who lies all of the time. >> bernie sanders and former president jimmy carter team up for human rights but the senator wasn't the onl

. >> is this as strange as jeffry -- >> i think it is, i think it's bizarre and it's an earthquake and i think that, you know, ron rosenstein may well believe everything he wrote in this memo, because a lot of people believe it, that comey misbehaved during the clinton investigation of the emails, that he shouldn't have had that press conference on july 5, that he shouldn't have made that announcement on october 28, that set the election upside down. but then i was listening to someone who was giving me the spin from the white house on this, basically saying that this is the deputy attorney general's recommendation and the attorney general's recommendation and they sent it to the president and by gosh, the president approved it. you have to ask why now? >> we have joining us on the phone is the democratic congressman adam schiff, the ranking member of the house intelligence committee, congressman schiff, what do you make of the firing of director comey? >> well, it's incredibly disturbing at any level. first you have it based on a recommendation from an attorney general who is supposed

they are going to hire jpmorgan and jeffries for the ipo. they are going to take their u.s.into partial ipo, so ipo day this wednesday. matt. the: i'm taking a look at vix, manus. very interesting we have seen yearear gauge fall to a 23 low. that is the line in white. the blue line you see that is just running off the chart is ,he ratio of calls to puts showing the options market is going to have a rebound in the fix. manus: a rebound in the vix and low volatility in the gilt market and some of the equity markets. this is the market open. we go towards an undecided 73, 44, 45, on the future spirit we were better offered from the start of play when anna and i were looking at these. low-- ipo's -- we are seeing this. i would call it undecided. let us get ready for normalizing. the paris market is up by .8%. let us put it in perspective. anna edwards is standing by for us. anna: let us talk about the european open. a quick some up. -- sum up. we have a nice makes going on here. a slight bias from the overall move in the stoxx 600. a bit of the trump/fbi effect. that is what the

jeffries. mr. jeffries: i enter a letter from f.c.i.u. which states it will leave millions without health insurance. mr. scott: i yield one minute to the gentleman from new york. the speaker pro tempore: the gentleman is recognized. mr. jeffries: house majority has once again made clear that under republican rule, the system is rigid. the fix is in. the deck is stacked against hard-working americans. and exhibit a is your reckless republican health care plan. under trumpcare, 24 million americans will lose access to health insurance. under trumpcare, a draconian age tax will be imposed on people between 50 and 64. under trumpcare, costs will go up, premiums will go up, co-pays will go up, deductibles will go up. under trumpcare tens of millions of americans who are living with pre-existing conditions will be screwed. house republicans are out to destroy the american health care system as we know it. but you will be held accountable for the cruel and unusual punishment that you have decided to inflict on the american people. vote no agains

jeffries raising its price target on the stock to $68 a share.erway in california after a sheriff deputy was shot and wounded. cheryl casone he has details. >> reporter: police searching for a suspect after the deputy was shot southeast of los angeles. the shooting happened when the deputy tried to pull over a car that failed to yield and a deputy was airlifted to a local hospital. according to police are is the deputy's injury is not life-threatening, people who live in the area were advised to stay in their homes, lock their doors and windows or call 911 if they see anything suspicious. huber and lift will launch services in austin, texas as the governor greg abbott plans to sign a piece of legislation into law the same day. huber and lift, after an ordinance in 2015 required right handling companies to performs fingerprint background checks on drivers. meanwhile, lift has launched another service yesterday, a few cities, new york, san francisco, san jose and chicago brings premium cars and this will challenge uber black. a queen guitarist, bri

joining us from new york is the jeffries head of product management.ome interesting stuff on the vix. , inesday was a huge move percentage terms, really big, but even in absolute terms. we looked at those three standard deviation moves. only about 40 of them back 22 years, excluding the financial crisis. movesnd after such big the market tends to act pretty well. on a three-day basis, it goes up a percent. we saw some of that yesterday, this morning. also really compelling up 6%. where does that leave us going forward in terms of positioning? we saw a lot of shorts coming into the market. that was really about expecting an upside. where are we in terms of positioning? i cannot speak for vix positioning as well as general positioning. even before comey was pretty negative. we found a lot of the indicators off.ump policy had come the highest quintile tax rate companies have underperformed since the election, hmos have performed well. that is the view that status quo will continue. that is one of the reasons why this has been a shallow selloff thus far. p

jon: rbc, credit suisse, jeffries from outperform.mered after that earnings report earnings . steve, let's begin with snap. that dreadful result from the other day -- analysts out there buy on a stock we know so little about. steve: we are not in snap. userevens a big instagram and realizes they are biting into -- >> not here. er: is there anything on a macro level we can draw from snap? there are more alternatives out there to u.s. equities. you have higher rates around the world, you now have a little bit of strength in emerging markets where a lot of people are turning. will there be less leeway for novice companies to ms. numbers like this? -- miss numbers like this? jon: they got their faces ripped off -- snap --t is hard to use why not use amazon or apple? these are probably some of the class u.s. tech names you want to talk about. the consensus is to move international. if you look at valuations, there's a big gap on the averages. if you look at its stock buy stock, a lot of that valuation gap has to do with our tech sector bei

on the economy, we have david owen, chief european financial economist at jeffries. our guest host for the hour is peter boockvar, from the lindsay group, also a cnbc crib ontribu. welcome to all of you. peter, tell us what is driving things. you hear these headlines, the distraction out of washington, yet the s&p 500 and nasdaq are setting new highs. is the market just writing this off? >> i think so. they're focused on $19 trillion economy that will not get affected if comey is in place or not. they're focus the on tax reform and believing that something will happen this year. that's the hope, that could get pushed out to 2018. they're celebrating good earnings. granted off an easy comparison. but after six quarters in a row of earnings declines, to start to see an upward trajectory is important. i think the year will be defined by the hopes for a fiscal tailwind versus the growing monetary headwind. as we get deeper into the year, that's a beg deal. n big deal. >> you think washington has to move to get things done to produce that tailwind? >> right. it's interest

jeffries, it's reprehensible and regressive. the trump balance balances itself on the backs of working families, middle class folks, the poor, the sick, the afflicted and rural america. the trump budget fails to invest in education and job training. it fails to invest in transportation and infrastructure. it fails to invest in research and development. instead, the trump budget would cut head start, cut medicaid, cut assistance to nursing homes. it even cuts meals on wheels. this is all being done simply to pay for tax cuts for the wealthy and the well-off. lifestyles of the rich and shameless. the trump budget is a disaster and we're going to do everything possible to vote it down. i yield back. the speaker pro tempore: for what purpose does the gentleman rom virginia seek recognition? mr. goodlatte: mr. speaker, i ask unanimous consent that all members may have five legislative days in which to revise and extend their remarks and include extraneous materials on h.r. 1973, and ask that bill be called up. the speaker pro tempore

jeffries? >> thank you, mr. chair, and i thank you director mulvaney for your presence and for your service. the trump budget balances itself on the backs of working families, middle class folks, senior citizens, the poor, the sick, the afflicted, as well as rural america. it does this, in my humble opinion, largely to just provide a massive tax cut to the wealthiest 1% or 2% of the people in this great country. that's reckless and that's irresponsible. now, the trump budget, as proposed, balances itself and eliminates the deficit in ten years. is that right? >> yes, sir. >> and part of the reason why it's able to balance itself is that it assumes that there will be increased revenue in the amount of $2 trillion connected to exponentially more significant job growth. is that right? >> it assumes -- if you're referring to the gdp growth? i don't know if we talked about full-time -- >> economic growth, yeah. >> economic growth, we do have numbers on unemployment, as well, but you're correct. assume additional gove