jeffries: i'll go to the ack. reporter: [indiscernible] the new asylum policy, are there concrete plans from house democrats? mr. jeffries: well, we'll take a look at his latest announcement which i presumed is anchored with and dripping ith zenphobia. at the end of the day, we believe that america is great because america is good, and the goodness of the american people understand that we are a nation of immigrants. that has made us stronger as a country, not weaker. the american people fundamentally believe that we should focus on felons, to the extent there is immigrant enforcement. donald trump is targeting and focused on breaking up families. nd in his failure to undermine existing u.s. law as it relates to the right for people to lawfully seek asylum at our borders and to present credible fears of persecution, that is what is happening down on the u.s.-mexico border with families and young children in many instances fleeing persecution and presenting themselves to immigration authorities, consistent with u.s

jeffries: i'm unfamiliar with that particular incident. any time a life a lost in the united states of america it's cause for concern. the person that needs to tone down the zenophobic and racist rhetoric that is consist teptly pedaled out of 1600 pennsylvania avenue, is donald trump. reporter: the tweet last weekend against alexander a ocasio-cortez -- [inaudible] >> she reports on congress for the hill. >> the group of four progressive freshmen congresswomen known politically as the squad. that's alexandria ocasio-cortez, anna pressley, omar, and a tschida talib. this resolution introduced by another freshman, representative malinowski, who is a white man unlike the four women

with the asian platform that represents the next stage of growth and commitment for jeffries.ormer --loan, the chief there. ab inbev has shelved the hong kong listing of its asian unit, citing prevailing market conditions. more on how the market is evaluating this, let's get back to sophie. why scrap its? -- it? sophie: the offer was too rich and ahead of the anticipated pricing, analysts we spoke to raise concerns valuations were just too high. ab inbev struggled with the price even at $40 hong kong, the lower end of the range. bernstein noted it is unclear if the most -- the miscalculation was because of bankers or investors willing to pay a significant premium. topic that came out a lot in advance of the pricing. what does it mean in turn of -- terms of their goal to reduce debt? sophie: they will not be able to accelerate this leveraging, because they would have been able to trim debt by $8 billion with this ipo. they have other options like selling a minority stake in the asian business. shery: what does it mean for hong kong? sophie: ab inbev of's decision leads them --

my friend hakeem jeffries, we worked on a lot of pieces f legislation together.i wish he would go back the legislating, but that's not been the case. one the most striking rebuffs to the obstruction arguments waf to mr.eys when he laid out in on instruction argument and mr. mueller said, don't agree with your analysis." what i think we saw with mr. jeffries, he's having to lead a conference whlost because they have spent all of their time focused on these t investigatiot have gone nowhere. they focused on the mueller report. they showed us nothing we didn't learn three months ago. i pe there is a reevaluation. my hope is what he said in september is they come back wanting to legislate. we had another hearing about problems at thborder. in seven months, they have never brought a piece of legislation to actually fix the underlying problems that president obama or president trump pointed ouon the border. that's democratic party's problem. they're rud >> woodruff: we did hear congressman jeffreys tell us that they want to pursue other issues, but meantime they are ts

jeffries and mr. anderson, remember, i want the other one to respond to, what would you like to see included in that rule? cases? and also, some discussion of the right to preference, richard, when it comes to you? miss jeffries, do you want to start? >> sure. thank you senator bowen. i think the important thing for the aar and knowing that we have amtrak commuter railroads as members class ones and other , health host railroads as members, we were encouraged by the comments made last week. laying out a process that is seeking input from all involved parties in order to achieve a fully sustainable solution that is going to work into the future. we think it's important to take the input from an incorporated -- and incorporated input from all stakeholders involved. i understand, as my colleague mr. anderson said that the law says that fra and amtrak shall develop. in my opinion, that doesn't come at the expense of seeking input and stakeholder involvement from some other involved parties. but, just havi

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i know jeffries would like to kick it over to the judiciary committee. to do that, he will have to have help from republicans. i don't think they will. i don't think this will get over to the senate where the senators need to worry about it at all. to get anything off the floor, if al green is not cooperative and 66 members on the democratic side are not going to help either, it's not necessarily clear how they will be able to dispose of this. they will find a way to do it. but it will be ugly on the floor today. >> i about the way, you have this contempt vote that will happen as well. >> sure. >> i know hans nichols is watching that too. >> one of the things you can see a little bit of frustration on jeffries's face. so much is distracting from the legislative agenda they want to talk about. one of the big bills they want to highlight is minimum wage. they will not get any attention for it because all of this is happening. just as democrats were finally finding a way to get unified after a week of fighting with each other, al green comes by and throws t

jeffries, and perhaps we can stop. on page four of your testimony you mentioned correctly that to improve capacity and safety of the rail network, privately owned state railroads spend on average 25 billion each year on maintenance and capital improvements and you point out that this ultimately benefits amtrak, surrounding communities and the nation as a whole. you go on to say when existing or potential freight traffic levels are so high there is no spare capacity, your infrastructure may be needed before passenger trains operate the overall line. does your association or do you personally have a recommendation in that regard as to how to supplement-- will you tell us for the record how the freight railroads, where this extra $25 billion each year comes from? >> the 25 billion every year comes from the revenue by the freight railroads. >> is that benefit of tax --. >> i would say it's encouraged by the economic paradigm that we operate under. it's not encouraged by the class ones don't benefit from any specific tax cr

i want to go to congressman hakeem jeffries of new york. a member of the judiciary committee and chairman of the house democratic caucus. congressman, thanks so much for joining us. so were you disappointed or do you believe robert mueller did accomplish what he needed to do today? >> well he told a story to the american people based on the facts that were gathered over a 22-month long investigation. we didn't expect to hear from robert red ford, we experted to hear from robert mueller. and he is a marine, he's a great american, he's a patriot. he's a talented law enforcement professional. and he laid out a devastating case that compares and contrasts with the lies that have been pedalled by donald trump out of 1600 pennsylvania avenue. donald trump said the whole russia thing is a hoax. bob mueller made clear that russia attacked our democracy in sweeping and systematic fashion. donald trump said this whole russian investigation is a witch hunt. bob mueller made clear that the trump campaign at the highest levels welcomed russian interfere

this is when jeffries' highlights, there is no watergate taping system, but mueller came somewhat close, going into the inner sanctum of the oval office. trump saying when he learn to have had special counsel's appointment, oh my god, this is terrible. it's the end of my presidency, i'm f'd. suggesting maybe his motive wasn't mueller's alleged conflicts, but stopping the whole probe. it was a substantive moment by the time you had those different boxes checked. if congress accepts representative jeffr representative jeffries' logic, this news photograph capturing each of those checked boxes on obstruction regarding the effort to fire mueller with the committee's legal analysis right inside the room. you'll notice those checked boxes are in sharp focus. mueller, positioned the way he prefers, out of focus. and ultimately, you're looking at a snap portrayal in the spirit of mueller, because it focuses on the evidence that was uncovered and leaves mueller and his investigators where he thinks they belong, out of focus. let's remember, mueller has already said, the evidence should speak for

hakeem jeffries looks exactly like his constituency. this will continue. nancy pelosi i think is on sure footing -- i think she has them under control for now and i think she will with aoc when she explained how important 2020 is. >> shannon: i don't know. i'm interested to see what aoc has to say after that meeting. i will be watching her twitter feed very closely. i will be watching for her read out of the meeting. in the meantime, there's been this discussion that moderate democrats, this is where the speaker trying to stop thing, they are worried about their swing districts if they are out there on this idea of impeachment, but an opinion piece in "the hill" tried to draw parallels with the nixon attempts at impeachment and moving down that path before he resigned, and they say it's actually not, you know, it's not true but democrats would be a political peril for them doing this. they say the opposite proved true during watergate. they won huge in the midterms, are appalled by nixon and republicans supporting him. nobody could predict that a year earl

. >>> plus, congressman hakeem jeffries on how democratic leadership plans to handle the fallout from mueller. >>> alarming new details about the maga bomber's path to radicalization. and why the trump administration is planning to kick millions off of food stamps as they throw billions at agra business. >> we'll use that towards the farmers and distribute it. this way nobody gets hurt. >> "all in" starts right now. good evening from new york. i'm chris hayes. in just over 12 hours, we will hear from former special counsel robert mueller for only the second time since the russia investigation began. he will testify before both the house judiciary committee and intelligence committees tomorrow. last night we learned the justice department sent mule area letter warning, quote, any testimony must remain within the boundaries of your public report. today attorney general bill barr, who has misrepresented mueller's words in the past, said that mueller asked for written guidelines. today nbc news learned that mueller requested that one of his deputies, aaron zebley, also attend the hearings

. >> steve: can i just make a point about hakeem jeffries? i nearly exploded watching my comment from him. >> melissa: i saw that. >> steve: that he is the problem. hakeem jeffries is the problem, with that incendiary rhetoric. wary of a policy disagreement over something which is perfectly reasonable. by the way, that is the e.u. policy. if you try and claim asylum, you have to do it in the first country you come to. you can't just travel through because you want to end up in germany or the u.k., which has a stronger economy. this is a perfectly reasonable policy and he's calling it xenophobic. >> jessica: but it isn't our policy, that's a problem. and the aclu -- >> steve: secondly, he talked about the policy being lawless and undermining the law. hang on the second -- the deportations, contrary to what you're saying, these are people who have been through a legal process. they've been through court process, they've been asked to leave the country, not enforcing that is what undermines the rule of law. the way hakeem jeffries was speaking t

joining me now, new york congressman and house democratic caucus chair hakeem jeffries, who joined several of his state's delegation this week to denounce those comments from there in new york. congressman jeffers, thank you for being with us. let me ask you how you look at the situation. you have the conditions of migrant children being forced to live in what many have observed as inhuman conditions, you have the postings of border patrol. i mean, this is as bad as it can get in terms of racist postings, making children go days without any kind of bathing and any kind of medical care in some situations. yet this president seemed oblivious to the criticism. >> good afternoon, rev. it's great to be with you. you're exactly right. the entire situation is completely out of control. the inhumanity of the treatment of migrant children should shock the conscience of every single american that exists. it's horrendous. you have young children being forced to live in conditions often without adequate food, without adequate water, without adequate medicine, without adequate diapers, without adequate

jeffries: i thank the chair for yielding and his tremendous leadership. since the tragedy on september 11, approximately 10,000 people have been diagnosed with cancer related to toxic smoke and dust. approximately 15,000 people are suffering with asthma or other respiratory illnesses. approximately 10,000 people struggle with ptsd. almost 5,000 individuals struggling with anxiety and depression. over 2,000 people have died since september 11. the overwhelming majority of these individuals who are sick and afflicted are 9/11 first responders. the victims compensation fund is expected to run out of money in order to take care of these brave heroes and individuals, we vowed as a nation to never forget. that means looking after those brave men and women who sacrificed so much in the days, weeks, months, and years after september 11. support this legislation. i yield back. the speaker pro tempore: the gentleman from georgia is recognized. mr. collins: at this time i yield two minutes to the gentleman from virginia, mr. kline -- cline. the speaker pro tempore:

jeffries: i thank the chair for yielding and his tremendous leadership. since the tragedy on september 11, approximately 10,000 people have been diagnosed with cancer related to toxic smoke and dust. approximately 15,000 people are suffering with asthma or other respiratory illnesses. approximately 10,000 people struggle with ptsd. almost 5,000 individuals struggling with anxiety and depression. over 2,000 people have died since september 11. the overwhelming majority of these individuals who are sick and afflicted are 9/11 first responders. the victims compensation fund is expected to run out of money in order to take care of these brave heroes and individuals, we vowed as a nation to never forget. that means looking after those brave men and women who sacrificed so much in the days, weeks, months, and years after september 11. support this legislation. i yield back. the speaker pro tempore: the gentleman from georgia is recognized. mr. collins: at this time i yield two minutes to the gentleman from virginia, mr. kline -- cline. the speaker pro tempore:

hakim jeffries has been a outstanding democrat for new york and this country.aving said that, they need to back off a little bit. that does not help, when you have good, strong members of congress worrying about their job from other democrats. charles: weird. asked but the motional immigration hearing, emotions not just from aoc. >> mr. chairman, it needs to be noted in the record, i spoke to cpb agents, even though they told us not to speak to them too, remember that? and i said, what do you think we need to do because you guys are overwhelmed. they said one of them, stop sending money it is not working. charles: well, this issue, of course going to play out on the campaign trail a little differently than we think. julian castro blasting joe biden for not doing enough to fix our broken policies, not calling to decriminalize migration. let me get your thoughts real quick on this, beverly. i think ironically enough, this immigration issue will be a major issue at the democratic debates. biden will have to defend whether or not he thinks this whole thing should b

we were able to -- jeffries kicked it off with $100,000. we raised $150,000 additional dollars.s with a $250,000 donation to goodtoday. i'm excited. i agreed to the buzz cut if we crossed the $250,000 market. we got to $250,966 so we made it just by a hair there were some great clients at the end that came through for us to make sure we got over it. >> by a hair so you're going for a buzz >> we have a celebrity hairstylist who will do the hard work, but i feel like i get to make the first cut i'll left it to the professional it's very soft, david. >> thank you. >> there you go. that was a long time coming. you're not leaving yourself much room for further rate cuts we can talk about the beard whether we get to the qe stage. >> i this was that was about a 40 basis point cut there david, kudos. >>> up next how to best position your portfolio following the fed's cut and the major market downturn downturn we'll be bacrtfolio events. all in one place. because when it's decision time... you need decision tech. only from fidelity. minutes. >>> eamon javers has details. >> reporter: the

i'm joined by hakeem jeffries of new york. mr. jeffrey, thank you for joining us, congressman. and i leave the door open to you. your thoughts about the aesthetics of it, the politics of it, the narcissism. >> thanks for having me on, chris. donald trump is going to turn a national celebration on the national mall into a national embarrassment to feed his out-of-control ego. this is another example of his narcissism. sometimes it's malignant. sometimes it's out of control. at this particular point in time, it really is an embarrassment, and it will be a waste of taxpayer dollars to use the military as a political prop for his own purposes and it's really another sad moment during the trump presidency. >> is there any way of stopping him from using the pictures tomorrow, which are basically the production is paid for by the american taxpayer, especially the people that go -- the older people, the senior citizens who go to these national parks and pay the 10 bucks whatever it is to pay. my question is suppose he turns this into a big extravaganza for his ad campaign next year. th

jeffries: just another slow week in washington, d.c.

jeffries seems to have thrown in the towel.ise pick, too much uncertainty, nobody picked up on our harris view yesterday where they said there will be a demand to train pilots on the max, which will, i believe, hold up, but we'll know from -- we'll know from phil, hold up, let's just say, when that comes back into circulation. in the meantime, facebook, no negative news, continues to go higher. >> let's talk about another aerospace theme, united technologies i was out on friday, so were you, dan lobe's third point came out with a fairly strongly worded letter in opposition to the raytheon deal, adding their voice to that of bill ackman who came out as well third point i make a more serious to be taken more seriously here, having been a f fairly long term hold, a big supporter of honeywell and the moves that they made -- >> far exceeded what lobe wanted >> do you -- do you think the united technologies deal has -- is in any way threatened by opposition it does require a shareholder -- >> it does as opposed to the an abbvie dea.

jeffries. may we have your permission to continue? >>> what does gentrification look like in your community, institutional, down the line, charles. three or four minutes please. we will come back.>> i want to take the possibility that doctor mcdaniel spoke of to create the -- provide the creative tension, i would like to play that role. only because we can talk about education, but there is a larger problem, a racist, predatory, bloodsucking capitalist system. the solution is revolution. it is socialism. the solution is us electing black officials that are not descriptively black, they look like us, but authentically black, they are committed to us. our biggest problem in our neighborhood is black neocolonial puppets of the democratic party. that is the problem in our neighborhood new york. , we stop gentrification? how does a look and east new york? does not exist. because i have a beautiful african queen wife, who was a city councilmember, i'm a state assembly member, when the developers came to our community and they showed us thes

this is how ha keen jeffries responded to reporters when asked how the democratic party is doing after those public spats. >> it's all puppies and rainbows. >> not exactly. puppies and rainbows. pelosi says in a "new york times" article published saturday that the so-called squad a group of liberal freshmen had a limited following inside the house. pelosi says tonight she has no regrets about anything. >> there's now a second lawsuit against a southern california fertility clinic. a couple discovered their biological son was born to another set of parents also suing the clinic. miriam fernandez from our station in election has the story. >> shock and heart break to learn the son they wanted had been born but to the wrong mother. the legal battle to claim him and now the lawsuit that targets cha. comprehensive health systems fertility center part of a multinational company. two male embryos one that belonged were implanted in a woman in new york. that woman confused because tests confirmed her embryos were female. at birth the shock. male twins one of them the ma you cannian's son the b

peter will be here the action from the world surfing jeffries of a south africa. for 23 unions musson has collected objects he finds along the coast. enough to pull his museum enough to break a guinness world record. with the story for every object he's become an environmental activist and inspired artist and a voice for the plight of countless migrants. might you need such a al-jazeera. it's my privilege to name al-jazeera english the broadcaster to clear the country as a sign to each other that we've been told that we go on the field yet this is the largest demonstration that's been a help i want you to refugees since over 700000 by the year some of the nicest losers on the planet earth hear all the things that they could because they can hear. al-jazeera english. recipient of the new crystals broadcast of the year award say. hello again time for the sports news with peter there in that very much new african football champions algeria have returned home after clinching the continental title for the 1st time since 1995 beating sinegal in the final in cairo but cm

jeffries coming may we have your permission to continue -- dr. jeffries, may we have your permission to continue? all right. charles, three to four minutes. charles: i want to take the responsibility dr. daniels spoke of to provide creative tension. i would like to play that role. we can talk about gentrification, but there is a larger problem. that is the problem of a racist, predatory, parasitic, bloodsucking capitalist system. [applause] and the solution is revolution. we can talk about gentrification, but there is a larger problem. that is the problem of a racist, predatory, parasitic, bloodsucking capitalist system. the solution is socialism. the solution is us electing that are notls descriptively black that look like us, but are authentically black and committed to us. our biggest problem in our neighborhoods is black neocolonial puppets of the democratic party. [applause] that is the problem in our neighborhood in new york. you know how we stopped gentrification? existsection it does not in east new york, and it doesn't exist because i ha

jeffries: madam speaker, our diversity is a strength, it is not a weakness. we are a nation of immigrants. some voluntary, some involuntary. mr. killing said, we must have come over in different ships but we are in the same boat now. we are a gorgeous mosaic. we are white, black, we are latino, we are asian, we are native american. we are christian, we are jewish, we are hindu, we are believers, we are gay, we are straight, we are young, we are older. we are women, we are men. we are citizens. we are dreamers. out of many, we are one. that's what makes america a great country. and no matter what xenophobic behavior is coming out of 1600 pennsylvania avenue, we will never let anyone take that away from us. not now, not ever. i yield back. the speaker pro tempore: the gentleman yields back. the gentleman from georgia. mr. collins: reserve. the speaker pro tempore: reserves. the gentlelady from texas. ms. jackson lee: my pleasure, begin, madam speaker, to -- again, madam speaker, to yield to the gentleman from california, mr. swalwell, for one minute. the speake

because jeffries was confident, he was confident that mueller was on his side.he didn't know what to say afterwards. it's like when you want to win an argument. mike agrees with me, right, mike? no, i don't. my man! that was, basically, the entire day for the democrats, right? it started off well, but they really tried to get mueller to give them the soundbite that would help them end the trump presidency, but he kept on rejecting them like a special counsel dikembe mutombo. no, no, no. and as for republicans, they had a very different agenda to the democrats today. you see, they were trying to portray mueller as incompetent, inconsistent, and biased. they brought up the fact that most of his investigators supported hillary clinton. they complained that mueller constructed himself. and they even argued that he couldn't be fair to trump because he was friends with some of trump's enemies. >> you and james comey have been good friends, or were good friends for many years, correct? >> no, we were business associates. we both started off in the justice department ab

a jeffries reporter tells us what to expect. bloomberg. ♪ is bloomberg. ♪ shery: we are counting down to asia's first major market open, korean futures unchanged after the kospi lost for three consecutive sessions and finished at the lowest level in two weeks. we have also seen weakness for the korean won which has been underperforming with the gloomy trade outlook, not to mention geopolitics. we had consumer confidence in korea falling again in the month of july. this is daybreak asia. i am shery ahn in new york. paul: i am paul allen. is one of the world's biggest chipmakers -- they beat second-quarter despite disruptions. the ceo told about optimism for 5g growth and outlook for the slowdown in china. china is a big market for us pray we have been operating in the country for over 30 years and have important customer relationships, a global supply chain. we have a real strong employee base. it is a big and important market for us. what we have seen the last several quarters is two things. as our demand has slowed customers ha

joining us now from london, jeffries' chief european economist. tim are -- timmer of fidelity is still with us. do you see this bottoming out at this point, or do you think the worst is yet to come? guest: i think the important point to stress is that we are seeing distortion from the u.k. supposed to leave the eu on march 29. we could see strong inventory building ahead of that date. that is true in the u.k. and germany, but also the netherlands. that's what we are seeing in the figures. there's a big buildup of inventories running into march, and it is being run off going into april and may. the problem is that means we are starting the second quarter with a very weak number for germany. the german central bank has have a negative gdp print for germany for q2. again overnight is weakness in the global trade cycle, which may be more about em, but that is also going to weigh on the german economy and is pushing the ecb towards more policy moves for mario draghi leaves the building later this year. david: exactly right. that brings us to a report f

jeffries has named jonathan sloan as its new chairman of asia.ll be burst -- based in hong kong and oversee the banks trading throughout the region. he comes with three decades of experience where he was a chairman. he has purchased more than 30 employees which is being restructured by its chinese parent pacific security. shery: samsungshery: et cetera having -- secured emergency supplies of key components that have been cut off by japan. it doesn't indicate where the parts will come from, nor how big the inventory is. it is said to be enough to avoid a samsung production crisis. the vice chairman was in tokyo last week, trying to find alternative sources of semi conductors and other components. paul: ab inbev's decision to suspend the hong kong listing of its asia unit has cut the stock exchanges spitted ipo volume and half. the new $10 billion share sale of double the amount from 79 other listings this year. it dampens momentum generated in 2018, when more than 200 companies raised $37 billion. a $5: facebook reached billion settlement with the

jeffries financial up 4.5%.y put up a solid quarter, and their trading business stronger than some of their peers. if we take a look at what is happening for bonds and risksities, interestingly and commodities up 1% as the dollar is about flat. we also have these haven bonds puzzling to many people. the fact we have this huge flight to safety, the german 10 year yield now yielding -39 basis points, and the 10 year yield breaking support. let's check in on a chart we've been watching for weeks. that is starting to fail. it could come back on a payroll support surprise on friday, but last year around 3%, huge downdraft on volatility. this year on the dovishness of the fed, the 10 year yield now below that trend channel range. however, you might be surprised to see a bounce back up with the rsi stills adjusting we could see some momentum to the upside for yields, downside for bonds. right now, that global bond rally really in charge, as you know. guy: absolutely. it will be interesting to see how any people turn up

jeffries saying remove this regulatory overhang on the industry. china resources gas up some 5%. on indian markets. our bloomberg reporter is standing by. how are things shaping up? if you take a look at what i high pointerday, of the day. there was some exhaustion came today. looked ok. slightly positive. above oil.mfortably you could see him move northwards to 12,000. nifty starting to look exhausted. inching towards about 70. youy time it has done that, have seen meaningful correction. watch closely at the bank. the currency has seen -- david: in terms of the stocks, we are looking at tyson industries. 12.28 was the last close. what is behind the fall, what is the target, and what else should we be watching in india? devina: nothing fundamentally wrong. this is one of their most favored. the affected target price has been achieved -- therefore they have reduced their outlook and gone from an outperformer. [indiscernible] other two stocks defaulted again. times, this is the third. credit to the default. rishaad: thank you. india.o stay in the government's first economic survey.

and this is phillip jeffries' wallpaper. it's silver-leafed silk, so you wouldn't think to touch it. but you should, because it's fun.] [music playi the master bedroom-- i really got to indulge myself, interior design-wise, for this client. we have custom, d lver-leafed, hand-painte gournay paper on the walls.es the blossoms fall down into this bed-- into the headboard, the pillows, the base, and even the floor.s the other side of the room, the chaise is a patterned velvet. we've got fortuny fabric throw pillows on there and a cashmere throw. probably the biggest indulgence besides the wallpaper in this master is this unbelievable vanity, comprised of three sections-- those two giant armoires d a center makeup vanityth . and to compliment this room, i wrapped the wallpaper all the way through the hallway to another magical place-- to a closet. [music playing] there's three chandeliers. and when you turn around and go outof t and into her bathroom, you have a world of jewels on the ceiling. in this free-standing tub, soaking

asian side, which includes china, vietnam, and india, that number was at 23%, and after relations, jeffrieses the operation with about $15 million, about 10 fors, but what that means the whole business, the western segment needs to be valued at about order $9 billion or almost 30 times -- $49 billion or almost 30 times ebitda. some investors suggest this is reasonable. that can be helped along by investing in nuclear breweries. to find out if investors actually believe in the potential. shery: we will be watching that closely. thank you for that. turning to another story, u.s. federal agencies ripping out banned chinese-mid surveillance cameras, but the task is proving nearly impossible. thousands remain in place despite a ban imposed by congress last year. i'mia, i've got to say, learning a lot about these very little known chinese firms. i believe a few weeks back, there were reports they could be added to a blacklist along with huawei. why are u.s. authorities so concerned about the equipment? >> i think it is important to talk about. these are global market leaders in video surveillance

i'm told that biden has met with congressman hakeem jeffries and bobby scott and criminal justice activists to develop a plan that a campaign adviser said is research based and among the most progressive of all of the 2020 candidates. the plan builds on some of the work that scott has already done in congress. seeking to curtail over-criminalization and reduce recidivism and to create sentencing alternatives. biden has backed away from aspects of the 1994 crime bill in this plan will likely try to serve as a corrective to aspects of bill. there is in ternal discussion about how to release the plan either with a speech or by video. also discussion about when to release it. with some pushing for release before the next debate at the end of the month. we'll watch for that. up next, that is it for "inside politics" catch us week days at noon eastern. up next is "state of the union" with jake tapper and his guest michigan congressman justin amash. thanks again for sharing your sunday morning. when you start with a better that's no way to treat a dog... ...you can do no wrong. where did you learn

jeffries saying it is time to get out of the markets. are we close to a top-tier? >> i think we are. this market has become quite schizophrenic. bad news is good news, good news is bad news, and then bad news is almost good news. the market is expensive. we have a lot of headwinds in the world that we need to be mindful of. could make it difficult for stocks to advance from here. vonnie: seems like technology has been leading the way weather for gains or losses. does that continue? for stiffer: technology -- christopher: technology -- what youeaking have now is everything revolving around trade will have an outsized impact on technology or at least the perception that it will have an outside impact on technology, is going to cause this tug-of-war to go on for a while. thatyou add to it valuations being as high as they are in technology, there is no margin for error. while they are growing as companies, the market is pricing them too expensive for the growth they will deliver. that will create a lot of volatility. vonnie: obviously, we will be watching jay powell th

we will speak to the oxford economics and jeffries equity discuss -- along to tech earnings in japan.rg. ♪ is is bloomberg. ♪ paul: i'm paul allen in sydney. we are under an hour away from the australian market open. shery: good evening from bloombergs world headquarters in new york, i'm shery ahn. welcome to "daybreak: asia." paul: our top stories this monday, trade talks get back on track this week but there is little hope of a breakthrough in shanghai. neither side seems ready to compromise. teargas and arrest in hong kong's eight -- eighth weekend of protest. an official response. markets prepare for the

many thanks to our panel, sh avar jeffries and kirsten kukowski.oming up, t-mobile and sprint clear up clear hurdle, getting federal approval for their deal. coming up next. this is bloomberg. ♪ >> this is going to be a very strong race to see who can provide the best 5g. we feel very confident that combined will be able to do that sprint'sent -- because 5g spectrum combined with t-mobile gives us the ability to build quite an advanced network. david: that was the sprint executive chairman speaking to bloomberg. sprint and t-mobile are the stocks of the hour as the u.s. government approves the t-mobile takeover. abigail doolittle and jen read are both year. how to the stock react? abigial: a huge pop for both stocks. this is highly anticipated. .ot so surprising the department of justice has approved this $26 billion merger between the number three and number for wireless carriers. that executive just talking about 5g. that is one of the reasons the fcc gave it's not for approval. the 5g will help out rural america. president trump is talking about

. >>> plus, congressman hakeem jeffries on how democratic leadership plans to handle the fallout from mueller. >>> alarming new details about the maga bomber's path to radicalization. and why the trump administration is planning to kick millions off of food stamps as they throw billions at agra business.