all the rhetoric between jerod, he's 36, unbelievably considerate and thoughtful mind and a trusted advisorthe president. gary cohn, you couldn't have a better adult. he can run goldman sachs, the economic piece of the white house. reince priebus knows the hardware in the plumbing of washington. steve bannon is the vicar of a philosophy, whether you agree with it or not. you can agree with it or not. megan: that's the last time you with your man and described as a buddhist monk. tom: he has a point of view. all these other things on the leaks come from management by confusion. command and control is the president. to give you an example, the president goes to i.m. pei. he says what you want me to do? i want to use your name and i will design the building. true story. he says i want you to build it. i don't really want you to build it. i need your bond and i will negotiate the drywall contract. he has the plumber command, the electrical. today you want to the white house you are walking into -- there is no james baker. there is no differentiation between him and what is happening in all the

all the rhetoric between jerod, he's 36, unbelievably considerate and thoughtful mind and a trusted advisorthe president. gary cohn, you couldn't have a better adult. he can run goldman sachs, the economic piece of the white house. reince priebus knows the hardware in the plumbing of washington. steve bannon is the vicar of a philosophy, whether you agree with it or not. you can agree with it or not. megan: that's the last time you with your man and described as a buddhist monk. tom: he has a point of view. all these other things on the leaks come from management by confusion. command and control is the president. to give you an example, the president goes to i.m. pei. he says what you want me to do? i want to use your name and i will design the building. true story. he says i want you to build it. i don't really want you to build it. i need your bond and i will negotiate the drywall contract. he has the plumber command, the electrical. today you want to the white house you are walking into -- there is no james baker. there is no differentiation between him and what is happening in all the

all the rhetoric between jerod, he's 36, unbelievably soft, considerate, and thoughtful mind and a trusteddvisor to the president. [no audio] tom: he has a point of view. all these other things on the leaks come from management by confusion. there is no command control. command and control is the president. to give you an example, the president goes to i.m. pei. he says what you want me to do? i don't really want you to do anything. i want to use your name and i will design the building. true story. he says i want you to build it. i don't really want you to build it. i need your bond and i will negotiate the drywall contract. he has the plumber command, the electrical. today you want to the white house you are walking into -- there is no james baker. there is no differentiation between him and what is happening in all the spheres. that is how he manages. so the death by a thousand leaks is a problem for every administration. if you read ed meese's book on reagan, it was exactly the same thing. the only tilde bureaucracy has besides budget to get back at everybody. eventually, i think will

. >> this is an opportunity to ofsue our common goals security, prosperity, and peace, and jerod, i welcomen, jared kushner will meet with the palestinian authority. brad sherman joins us now from statuette call -- statuary hall on capitol hill. are you optimistic about the time here, and think you might be able to make some headway? , itt might be worth a shot is worth the cost of the airplane ticket or the jet fuel, but nobody would give this a better than -- clearly, the chances are 50-50. david: are you satisfied that he knows what he is doing? he is the chief middle east government experience or diplomatic experience. are you confident the white house is putting its eggs in the white basket here -- right basket here? senators and it lets to the middle east have not been able -- though we once came close to the end of the clinton administration, to put together a deal. but this team is characterized by its total lack of lack ground experience and education. -- a background experience and education. you have the three over there without any experience in diplomacy, and you would not expe

police also found $10,000 in leftin his safe jerod he $4.19 in his bank account because that is important that is the same date as the oklahoma city bombing. , who is also a veteran, is only charged with unlawful possession of a firearm. life outside of the courthouse. anchor: this just in to our newsroom. brand-new video of tiger woods in florida. listen as he responds to the officers. >> can we get your full name? >> tiger woods. hair and eye color? >> mostly brown. the legendary golfer was arrested on memorial day after he was asleep tiny we'll. it was an unanticipated reaction to prescription drugs. jonathan: a tractor-trailer caught fire. this was under the bridge. police tell us that the tractor-trailer hit a car. no reports of injuries. you could imagine that traffic will be snarled over quite some time. a massive protest at the white monumental shift in u.s. policy. president trump quitting a monumental climate agreement. jonathan: these are all of the countries that are part of the paris agreement. the three on the right, the united states, syria, nicaragua, not on it. the presid

gm shareholders sent a message to jerod einhorn. >> sure of buying up more shares in making in otherh for the next proxy, there is not much i think he can do at this point. michael: this is bloomberg. ♪ ♪ "bloombergis is best." let's continue our global tour of the week's top business stories in washington. that --rump campaign campaigned on improving america's infrastructure and he offered his first concrete proposal. >> president donald trump picking up infrastructure week. he asked congress to hand over the reins of the u.s. traffic control system to a noncorporate corporation. what does he hope to see happen? >> the crux of all of this is this new type of committee privatizing the regulatory regime, similar to what we have seen in other industries like financial services. this is a big win for airline companies like american airlines, delta, but the second part of it, and this is what the president did not get to specific details is how we are going to pay for it because that is the division in the republican party. aides are looking at this as a benchmark as part of what they ho

. >> president trump's son-in-law senior visor jerod kushner is helping to stabilize the middle east.washington, joel waledman fox news. >>> voters in georgia are headed to the follows today in a closely watched special election. they are choosing between democrat john ossoff and karen handel to fill a vacant house seat. represented by republicans since 1979 this race is even as a key indicator for democrats who want to win back control of congress in 2018. >> exactly the type of district they hope this they can win if they can retake the house in 2018, 24 seats they need to win, suburban, fast changing suburban district that republicans have long held. >> two candidates spend combined $50 million on the campaign making it the most expensive house race in history. the seat became vacant when tom price to become president trump's health and human services secretary. >>> well we have another hot day i can't tros the bay area mainly for people -- across the bay mainly for people inland. how long will until this heat end up. >>> summer solstice, 9:24 this evening. it is hot. at last for s

their release comes after the chinese government invited ivanka trump and her husband jerod kushner toeijing later this year for an official visit. to see our interview go to democracynow.org. an international cyberattack struck computers in ukraine, australia and united states tuesday in the latest instance of hackers unleashing an attack using a cyberweapon stolen from the national security agency. the cyberattack shut down the radiation monitoring systems at the chernobyl nuclear plant and stopped dozens of ukrainian a.t.m.'s from working and affected company's computer systems worldwide from u.s. drug manufacturer to a danish shipping company to a australian chocolate factory. the company i.d.t. said the n.s.a. needs to take a leadership role and work closely with security and operating platform vendors such as apple and microsoft to address the plague they've unleashed, end quote. in the united states in chicago three current police officers were indicted tuesday on felony charges for inspiring to cover up the 2014 killinging of laquan mcdonald the african-american teenager and th

. >> i'm jerod wiesenthal.u are just tuning in live, we want to welcome you to our closing bell coverage. scarlet: we begin with our market minutes. wreck in tech is a great way of describing it, because if you look at the nasdaq, a big decline. nasdaq, off by 1.8 percent. it's the biggest drop in two weeks. at one point, it had fallen as much as 2.9%. that gives you a sense of -- >> the extraordinary intraday volatility. [laughter] scarlet: we have kind of a round number, close to 6200 for the nasdaq. , inside the bloomberg. overu look at the movers the week, you will see financials, energies, materials, those are big gainers, and in the case of financials, up by 3.6%. these were the laggards in 2017. rs,you look at the decline tech, off by 2.4%. this rotation has lifted value stocks up against a growth this week. that has been a theme. 100,you look at the nasdaq that has had its worst day in over a year. many companies, those big cap tech names. if you look at nvidia, this was a huge laggard on the nasdaq and

jerod coyne, who stood against len mccluskey, says he has been sacked by the union.

knowing it would be somewhat chaotic because you had steve bannon coming off the campaign, you had jerod kushner, son-in-law in the white house playing an important role, he went through a succession of a security advisor within a month of the administration. so -- but i think in some level, i think that president trump's success has been in sewing kay's and i think he thought that would work for him as president. i think at this point, you know, it remains to be seen whether you could be effective as president, certainly he is having his challenges on capitol hill. >> rose: you think -- >> you know, just think about trying to, just trying, if you have the strategic job of setting an agenda to work with the hill, for example, on policy. and you are trying to message around that and create the backdrop and the backup so that people feel that they can stick with you, and every day the story is changing. you know, he just -- you know, they make plans and they are blown up virtually every day. that in part i think is as a result of the investigation and the president's ability to stay away f

we are closely watching right now because jerod jurors told the judge they couldn't reach a verdict. the judge told them to go right back and continue deliberating are. we'll see what happened today. >> cosby is accused of drugging and sexually assaulting andrea constand. cosby took to twit they are morning saying thanks to all my supporters and fans here in norristown and worldwide. >>> we're following a developing story and what could be a major blow to isis. the leader of the terrorist group could be dead. the russian defense ministry claims that abu al baghdadi died in a russian air strike happening wright outside of the de facto capital of raqqa early last month, but there is no confirmation so far. >> reporter: unconfirmed reports this morning that the leader of isis is dead. abu al baghdadi seen here delivering a sermon claiming a large area of iraq and syria, declaring a caliphate or islamic state, and the russian defense ministry saying he and up to 30 fighters may have been killed in a strike and posting on the ministry of defense facebook page. according to the information

jerod coyne, who stood against len mccluskey, says he has been sacked by the union. barclays bank and four of its former senior executives have been charged with fraud arising from the financial crisis in 2008. a review into the murder of a toddler in fife has said there were "missed opportunities" which could potentially have prevented the abuse he suffered. the family of a man arrested after a terror attack near a london mosque say they are "shocked" and "devastated". in the next hour staying out for the summer. it could be the hottest heatwave in june for twenty years. but as the temperature soars, a health warning is issued to those struggling to stay cool. and andy murray begins his campaign to defend his title at queen's. he says another successful week there will be a ‘big boost for wimbledon.‘ the chancellor, phillip hammond, has called for a brexit deal which puts jobs and prosperity first, saying is seeking to manage migration, not "shut it down". giving his delayed mansion house speech in the city of london, mr hammond suggested the current border arrangem

post -- the washington post, robert mueller is now investigating the holdings in business dealings of jerodthe presidents son-in-law and senior advisor. investedeviously being -- investigated for meetings with the russian and batters 30 julia -- russian ambassador sergey i. kislyak. and according to two eu officials, initial negotiations for brexit will negotiate the terms of britain's departure. a trade deal not be discussed at the same time. and a moscow court has reduced the opposition leader by five days. he was sentenced to 30 on monday for instigating an unsanctioned rally. tens of thousands took to the streets in more than 100 cities and towns across russia in some of the most widespread protests as there was a call for demonstrations against government corruption. 24 hours a, 240 day, powered by more than 2400 journalists and analysts in over 120 countries. this is bloomberg. coming up, donald trump trumpeting ready to name a new sec commissioner as a wall street regulator. what denomination means for the presidents regulatory agenda though? we will discuss that next. live from new

post reports that robert mueller is probing the business dealings of president trump's son-in-law, jerodhner. investigators are also examining the finances of other associates including michael flynn and paul manafort. or thenvestigations, reports of that investigation continue to broaden out. anna: daybreak focuses on russia. central bank is poised to cut the key rate again but economists artform by how much and how many more cuts the governor is planning. cpi is near the 4% target. the rising food inflation may change things. has --reece's creditors have reached an agreement. this should pave the way for an of billion euro tranche eight. european commissioner here moscovici struck an optimistic tone on the outcome. it is a very good deal. a much better deal than what we decided one year ago. a much better deal than but we could have done one month ago. matt: we are in luxembourg. greece has gotten a pay out at least for now. what are we -- when are we going to hear more about the debt relief? >> that is the key question. as you know, i was here three weeks ago when that was the questio

it's great to see the effort that jerod is putting in and working on things that will pay back 5, 10,t join the presidential council by choice. he tells me that he does not think they are terribly productive, but he thinks it is important to join the administration, whatever their politics are. they say, we disagree on immigration. we disagree on the environment, right question mark he cares about veterans issues, and that's one of the things jared kushner wants to modernize. tim cook and the rest of tech will work with trump where it matters and where it benefits them. emily: got to talk about the uber. big week question what >> every week. emily: travis kalanick resigned. >> it's really crazy. the ceo of uber has resigned. and bill gurley, the steward on the board, so instrumental in a lot of their recruiting and in the process, they got rid of travis, also stepped off. it is the mind blowing week in the world. they: you had a preview of game of thrones maneuvering. they delivered this in the mail -- this letter asking for his resignation. tell us more about what happened. only: wha

concealed firearms carrier and i'd like to comment on what jerrod just said i'm a little older than jeroder back in the '60s and i'm sure your viewing audience can, too, when america saw the vietnam war and all of its horror and saw war for the first time and it changed our culture. that played out on our college campuses today through networks and a - 24-hour a day news cycle again, i'm not blaming the media for today's event, this was a perpetrator, but we have to understand the american people are seeing inside of the american governing machine from a perspective they've never seen it before. we disagree on something at noon today. by 6:00 everybody all over the country knows about it and they're picking sides. it has always been difficult, contentious, but it has grown the most fabulous on the planet and that's what we have to get back to believing. >> congressmen, be safe. thank you for joining us here on cnbc >> thank you very much >> thank you >> back to business. the countdown of the fed decision continues we are expecting a rate hike but it is janet yellen's next move that invest

robert mueller is examining the finances and business dealings of jerod kushner. that he was being probed over post election meetings with russia's ambassador. the bank of japan cannot get inflation up to the 2% level so the central bank has decided to keep its monetary stimulus and place. the boj will maintain a negative interest rate and keep buying trillions of yen of bonds. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. riggs.ylor this is bloomberg. tom: thank you so much. one more data check, quieter data after the fed, the beer we, the bank of japan -- the boe, the bank of japan here at little bit of curve steepening, euro weaker, dollar stronger. we will touch on oil at this hour, 44.72. i do not think so much has been made of weaker oil prices through the week francine:. i think you are right and this is the big inflation story that we will get on to when it comes to central banks. global stocks rising, there is not much going on in the markets . shares in japan advancing on the back of the yen we