and jerome h. powell to serve as chairman of the federal reserve. today the senate is considering the nomination of mr. powell who brings with him degrees from princeton and georgetown and a record of high achievement in both the public and private sectors. since his nomination to the board of governors to the federal reserve system in 2011, which received strong bipartisan support, he has served as a steady voice and thoughtful leader. i very much look forward to supporting his confirmation as chairman. now on one final matter, when the press was focused on the unfortunate lapse in government funding, the good news about last month's historic tax reform law continues to pile up. the number of americans preparing to receive pay raises, special bonuses and other benefits thanks to the historic tax cuts passed last month continues to grow. these are just the first fruits of a law that also lays a long-term foundation for better job opportunities, higher waeublgs, and more -- higher waeublgs and more investment. on this subject here's something not man

alan greenspan, i want to end with jerome powell. the changing of the guard comes at midnight tonight when he takes over as fed chairman. what will be number one on his to do list. what does he need to do list -- to do first? alan: open his mail. figure out how to open his bloomberg terminal, that's what we would hope you would say. alan greenspan, thank you for your time today. hanging on every word at grant thornton. an interesting conversation with german greenspan and i think we go back to what you see in the midwest, which is a different america than the time of german greenspan. the technology overlay today is extraordinary. how do you interpret it at grant tic, day byck by day, technology in this american economy when you have no clue what productivity is that you have no clue where gdp is? diane: its complicated very as no question. and it makes it harder for the fiscal agencies to, believe it or not, to stay ahead of these measurements because they have to get funded to be able to get the improvements they need to measure wi

jerome powell. the next head of the fed. the nfl in the meantime rejecting a one-page ad for the 50-second super bowl program submitted by the veteran organization and vets. now, the ad simply stated please stand in reference to the national anthem. the nfl said "no." simply why? well, they said it's making a political statement when you say that. joining me now and vets national commander marianne. all right. let me start right there. is asking people to stand for the national anthem a political statement in your mind? >> absolutely not. . ashley: so what did the nfl actually say when you asked for an ad in the super bowl program? what was their reasoning? >> well, we actually -- they actually called us the publications department from the national football league that does their advertisements are the ones that contacted us about placing the ad in the super bowl. they had one spot available, and they asked if we would like to place an ad. our communications department got together with our executive director and myself and

jerome powell has been approved by the senate banking committee. youtube and twitter executives testifying before the senate commerce committee. the hearing is about terrorism and social media. we will bring you any headlines as they come in. this is bloomberg. ♪ vonnie: this is "bloomberg markets." again on capitol hill as house republicans leaders are racing to come up with a stopgap spending plan that would prevent a government shutdown friday. the measure crafted by paul ryan and his leadership team would also delay some obamacare taxes and provide money for children's health insurance program. but, they will need bipartisan support in the senate to close any potential deal. kevin cirilli joins us with the latest. let's go back to the drawing board and get this done is a tweet just tweeted out by john cornyn. does it get done before friday? kevin: all indicators suggest that lawmakers will pass a short-term budget deal that would keep the government funded through february 16. several divisive issues, most notably immigration, have divided not

two the independent line to hear from jerome, churchill, tennessee. caller: thanks, c-span. signal of afghanistan, my brother has been up there overseas for 18 years. he just called about five minutes ago and asked me if i've seen anything on tv about the ,ockets coming to the hotel they're not exactly shooting at the embassy. i said no, we have the shutdown and we have the women's marches. said thet told him i circus is back in town. it's another groundhog day. democratsion, the will try to keep donald trump down. this --uld like to end it's kind of like a movie. it's hd wells. instead of war the world's comments were of the words. we need to settle things out. host: jerome in tennessee. you are correct about the attack in afghanistan, we have not noted that. we will try to find some details. we are covering here on c-span, c-span2, the liberations -- the deliberations of the house and senate. the senate is in session live on c-span two. here's where things possibly stand in terms of the way forward. this is a piece by john bennett from rollcall. his piece headlined white h

jerome is coming to save the day. jerome thank you so much. stay warm. thanks for all that you do. rob, so finally before we go, one of the things that we talked about before we hit air was just some of the strangr calls you've had. you mentioned you found a snake in one of the vehicles. so, there are things that you may not necessarily do. what are some of the stranger calls that you've had. >> we' d we've had cats in engine bays because they're trying to get warm, also. that's pretty much it's the animals. >> reporter: you guys handle it all. thank you very much rob for your time. we'll send it back to you all in the studio. >> annie thanks very much. >>> and good luck to jerome and all the other folks heading out there dealing with the cold trying to help everybody else. look, we've all been there, right. >> absolutely. looking for that aaa truck, i know i have. >> make some noise inside your car before you turn the engine on. >> news you can use. looks like companies closed out 2017 with a bang according to a key survey from payroll firm adp. businesses added 250,000 new jobs i

in strong bipartisan fashion we confirmed jerome powell to serve as chairman of the reserve by a vote of 84-13. he is a fine choice to lead the federal reserve system. he has received accolades from across the political spectrum. he joined the board of governors of the federal reserve in 2012 and he's demonstrated an expert grasp of monetary policy and a commitment to improve the fed's accountability to the public. i look forward to his service in this new position. the position of fed chairman is integral to the health of the u.s. economy. washington must empower the american people to create prosperity through sound policy that gets the government out of the way of workers and job creators. jay powell is up to the task. i was proud to confirm him yesterday. the senate advanced the nomination of another highly call fied nomee, alex -- qualified nominee, alex azar. mr. azar discussed his intention to confront head-on the opioid crisis that is hurting so many families across the country, including in my home state of kentucky. he made clear that he will place an important priority on e

you are looking at a live shot now of the senate floor as they vote on the nomination of jerome powell federal reserve chair. president trump picks in november to replace current fed chair janet yellen when her term ends in early february. his nomination is expected to pass the senate. we will continue to monitor this vote. this is bloomberg. ♪ emily: texas instruments out with earnings, falling short of some estimates, declining as much as 6.7%. texas instruments is the largest analog chips in many devices. taiwanese electric scooter maker nigro wants to make sure it's vehicles don't add smog to the air. our chief north asia correspondent stephen engle take a look at how this tech upstart backed by former u.s. vice president al gore is disrupting a gas entrenched market. stephen: locals call this the school -- the scooter waterfall. noisy, obnoxious, albeit necessary mode of transport. here's the thing -- taiwan wants motors by 2021. this company is called by some the tesla scooters. for about 10 years, taiwan's government has been pushing for an electric scooter to turn this very dir

that's what fans are really all about. >> reporter: and so greg jerome actually has a predictions. he says he thinks we'll be in the same back the same place next year for rematch. carson wentz is unbelievable, true. he believes he'll be back but he says debatable wentz deserves mvp. i had to cut the interview. [ laughter ] >> there you go shawnette. great story a lot of fun. we got you covered all weaning live from the twin cities good day is with you in the mornings are we're here each night plus later in the newscast kristen rodgers will report from the mall of america. >>> right now, philadelphia police are after a robber who was also trying to kidnap her victims they say she's armed with a knife and targeting people in the crescentville neighborhood. fox 29's dave schratwieser is live at police headquarters with more on this tonight. dave? >> reporter: iain, two attacks in two days has shoppers and police worried concerned that this woman with a knife might strike again. >> that's scary. that's scary. >> reporter: addy simmons came to the walmart on the boulevard tuesday eveni

finally, the fed is likely to hike interest rates three times as new chairman jerome powell takes the he steers a course along the lines of predecessor janet yellen. of the fed could consider a fourth hike if the economy really takes off. i'm steve liesman for "nightly busi" > ipos and women in leadership. three predictions for 2018. first, get ready for a much stronger ipo market. 2016 was a terrible year. 2017 was better. 2018 will be much better. big names will likely go public including sandwich shop pret a manger. finally there's a shot that saudi oil gian aramco may list in the u.s. as well. 2018 will see one or more major banks create a platform to use digital currencies to bring small companies to market. the bank would own the platform and provide advisory services. yes, there's oversight issues, but regulators are looking to work with the industry to put more oversight into this market. finally, expect investors to wake up to the fact that there's not enough women in leadership positions in corporate america. there's only 26 women ceos in the s&p 500, about 5% of the total.

jerome powell was approved in an 84-13 vote.take over for janet yellen when her term ends february 3. powell who has served as a federal reserve governor since 2012 will inherit an economy on the upswing thanks to an increasing labor market and strong global growth. powell will also oversee a post recession economy with an ploumt rate at a 17 year low, limited wage gains and growing inequality. what can we expect from jerome powell in terms of his policy, how different is he going to be from janet yellen? >> good morning. solt expe so the expectation is that he won't rock the boat too much and will be seen as more of an extension of the status quo. there has been a little bit of criticism leveled against him because he is the first federal chair since the '70s who isn't an economist even though he does have a lot of experience at public policy and finance. he is inheriting a very strong economy. stock market at record highs, unemployment at multiyear lows. and his main concern really will be to stop the economy from overheating.

i am joined in this request by jerome p. mathers, mayor of the city of detroit. >> we are going to go down and meet with him to set out specific plans for support systems as may be required. >> where will that be held? >> the governor is meeting us. >> what circumstances will it take to send the troops in to detroit? >> we have to wait to see what happens. >> are there some general lines or criteria you can tell us you will be examines? >> just how unusual is the use of -- >> thank you very much. >> he will call later when he has more to say. [ no audible dialogue ] >> i think it's premature at this time to predict what the night will bring. we devoutly hope that peace and security will be restored here. and things get back to normal. >> federal troops will be kept in the city tonight? >> they will. >> they will. >> get out of the way. >> damn it. [ indistinct dialogue ] >> you all right? in the knee? [ indistinct ] >> i was at my grandmother's house at the projects. and i was coming down the sidewalk, going to the next buil

with jerome powell?ould do very good. tom: there you go. here's taylor in new york. influential koch network is asking president trump not to increase the gas tax. he says a gas tax would undermine the recent tax cuts. jerome powell will replace janet yellen next month. the senate overwhelmingly approved the nomination. he is currently a fed governor. republicans call it a step back in negotiations on immigration. chuck schumer has withdrawn the offer that he made last week to give president trump money to help build the wall on the mexican border. the president says that if there is no wall, there will be no daca deal. area economy opened 2018 with the best growth in almost 20 years. the gauge is now at a level that suggest orderly economic growth is close to 1%. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i am taylor riggs. this is bloomberg. nejra, back to you in london. european equities taking a little bit of a pause after four days of g

liz: breaking news, the senate has begun a procedural vote on the nomination of jerome powell picked to replace janet yellen. he will decide how high interest rates will go. the body of the senate could confirm him later this evening. watching that. as powell is about to officially get the job, thousands of federal workers are back on the job, but the aftershocks from the three day government shutdown still dominating the halls of congress, moments ago, senate majority leader mitch mcconnell assuring democrats he'll keep his word to launch a fair and open process to bring daca or dreamer legislation to the floor by february 8th. but what does that mean for prospects of a real budget? do they go poof into the air? which one will be the focus of the white house press briefing or will it be the sucker punch president trump landed on foreign, solar and washing machine companies. sarah sanders expected to take the podium for the white house press briefing at any moment. we'll take it. prospects of a trade war are sure to come up. talk about a war between up and down. we're talking directi

senators will resume their consideration of jerome powell to be the chairman of the federal reserve. we will have it live for you on c-span2. show you now than area outside the senate meeting room where this is an area called the ohio clock near the clock on the top right of your picture. a lot of reporters waiting for senators to come out. they are currently having their weekly lunch meetings and often come out after the meeting and speak with reporters. if they do we will get that right here for you live on c-span2. as we wait for the senator or senate to gavel in we will show you some of this morning's washington journal. >> washington examiner is joining us, politics editor talking about the shutdown and the end of it. hello. >> how is it going to. >> loss from this process? >> is a setback for chuck schumer. i think the thought was republicans always lose government shutdown battles and that is how it has been for over 20 years now there has never been one of these stalemates that is ended well for the republicans. this one was a little different and i think there was no cleari

the senate is back at noon and they continue debate on jerome powell to be chairman of the federal reserve. c-span3, the senate energy and natural resources committee examines the impact of major weather events on the electric power grid at 10:00 a.m. eastern. thursday morning, we are live in columbia, south carolina for the next off -- stop on the c-span bus 50 capital store -- tour.

what do we know about jerome powell's views?> he pointed out very well, he does not seem to differ very much from the chairman -- the current chairman for the next few hours, from her point of view. quite close,e different backgrounds but not a lot when you think about it. he is part of the system and has been part of the discussion. any change inpect view from him as opposed to janet. vonnie: the last time we spoke with you, and you moved a lot of your bond funds to cash, one third of it and said there were no bargains. have you found any since then? dan: a couple of things. tiny, bits and pieces, but not much. vonnie: where? dan: excuse me, where? i do not talk about that. vonnie: treasury market, corporate, high yield, can you give us anything? dan: strictly in high yield. nothing in treasuries. mark: you have been getting more defensive, cash and equivalents climbing to 21% of assets at the end of the year, one year ago it was 2.3%. do you see yourself becoming more defensive? that is the $64 question. at this point, probabl

bernanke introduced in twenty fifteen she also raised interest rates for the first time in seven years jerome powell will succeed yellen and he's not expected to rock the boat too much with his views aligning closely with yemen's. well let's bring in our man on a wall street now yes quarter is standing by for us as ever and always nice gains we've also had that meeting all of the fed today what came out of it. the federal reserve knowledge that the u.s. economy is continuing the past of grows and they did change the tone slightly from moderates to solid solid growth when it comes to the job market when it comes to overall growth when it comes to consumer spending and old so business investment still no changes in interest rates but that was expected we might see the next interest rate increase at the next meeting march twentieth and twenty first so it was not that eventful the last meeting of janet yellen and the future is a bit uncertain because not just janet yellen but also two other senior members of the federal reserve will leave the fed and the new team actually will be the least experi

jerome kind of set this up. what's going on here?mes when, um, it's really cold like this today, the ignition switch actually block up. so we tried both keys, same result. so the key is not actually turning. >> reporter: you've suggested putting alcohol on it. hot water. and now we have gone to a he heater. a space heater? >> the member informed me today prior to me getting here they actually put alcohol and water and there was a little bit of progress. >> reporter: i see if we're able to get the key now but still won't actually >> reporter: okay. why don't you continue to work on what you needed to jerome. george, so this car was just sitting here overnight, right. >> overnight. >> reporter: and you came out this morning. tried to get the key in but it was frozen. >> frozen, right. i used some warm water and i get the key in but it wouldn't turn. >> reporter: oh, man. has this ever happened. >> no, no. >> reporter: but you called aaa hoping they can help out and sure enough jerome is to the rescue he suggest the space heater. here w

werder gave the german champions a real fright at the allianz arena, jerome gondorf with the openingmuller spearheaded the comeback and shared the goals. this was muller's second, putting the game beyond doubt. the win takes bayern 16 points clear of bayer leverkusen. a late header snatched a point for inter against roma. a former milan forward put roma ahead. the equaliser came four minutes from time, but inter‘s winless run goes on. they have not won serie —— are serie a game since december. earlier on sunday, dries mertens ended a long goal drought to give napoli a 1—0 victory at atalanta, that saw the serie a leaders move four points clear. lazio scored five goals for the second league game in a row, as they hammered chievo 5—1. milan move up to seventh, after a 2—1win at cagliari. second—placed juventus clash with genoa on monday. harry kane struck his 99th premier league goal to save tottenham with a 1—1 draw against southampton. kane is nowjust a goal away from becoming the 27th member of the 100 club. the result moves spurs to within two points of fourth—placed liverpool, who

breaking news, the senate voted to confirm jerome powell as the fed chair. trump picked him in november to replace janet yellen when her term as chair ends in early february. you are looking at a live shot of the lord there. this is bloomberg. ♪ ♪ emily: bitcoin saw a dip today, hitting below the $10,000 mark earlier. is on the as bitcoin rise. a spinoff in which development -- developers clone bitcoin software to capitalize on the public's familiarity with digital currencies. some 19 bitcoin forks came out last year, but as many as 50 could start up this year. joining us now to discuss, is joe. he is currently tracking 130 funds that invest in crypto. we are all talking about the plunge this year. what is your read on that? will we see a bounceback? is this a new reality? joe: we have seen the same depth the last few years. we come out with research selling there was a 30%-30 5% in 2016 and 2017. number one,s due to profit taking. many investors have been in the market since before bitcoin was at $1000. there is seasonality as well, which we have seen up th

chris: doctor jerome adams is the country's 20th surgeon general. in charge of the 6500 officers of the public health service. more importantly, he is the nation's doctor. in the 60s luther perry warned about the dangers of smoking and in the 80s c everett bought political opposition to inform the country about eight. >> let's stop rumors and misinformation about eight. chris: sometimes in your job science bumps up against politics, how do you balance those? science has got to be the key for the surgeon general. there is a saying, chris. people need to know you care before they care what you know. chris: adams please instead of those zero-sum game where one side wins and the other loses, public health is about building partnerships on climate change. >> we know the science says that man is having an impact on the climate but we also know that people are dying from not having jobs and not been able to see their families. chris: whether gun violence is a public health issue. >> gun control, i think, in and of itself, is a term that turns people off. i

se quejan de una nueva regla impuesta por bank of el senado confir arantxa: el senado confirmÓ a jerome gobernadores del banco central estadounidense desde el 2012. y una nueva regla impuesta por bank of america estarÍa afectando a las personas de bajos ingresos, y es que ahora si el cliente no cumple con uno de dos requisitos la situaciÓn bancaria le cobrarÁ 12 dÓlares mensuales por el manejo de una cuenta de cheques online que anteriormente era gratuita. andrea linares nos expone las muestras de los afectados. andrea: las nuevas normas anunciadas por bank of america estÁn causando indignaciÓn de costa a costa. en zonas como raÚl carrillo denuncian que el banco estÁ castigando a las personas de bajos recursos todas las cuentas bancarias en lÍnea serÁn convertidas aa cuentas qque cuentan con un cargo mensual dde 12 dÓlares. para quedar exento del nuevo cargo mensual el cliente debe hacer un depÓsito directo mensual de 250 dolares o mantener un balance mÍnimo de 1500. >> mantener un balance de 1500 dÓlares es bastante alto, porque no puede dejar 1500 dÓlares. los necesitan para comer. an

jerome boa tank he's headed goal sought by draw level he tweeted to celebrate the side's win dedicating his goal to his twin daughters with a candidate for the longest ever hash tag lumia and so late this goal was for you and this byron fan from lebanon also chipped in with a new nickname idea for the center back calling him bowl a king i think that might catch on. all right after all that talk about the top of the table it's time to visit the bottom of the second bottom to be exact hamburg they haven't want to game in more than two months which meant that bant. was drafted in as their new coach this week is first test a trip to fourth place life sick and that sounds tricky but hamburg did get a three no win their last season so anything's possible. a familiar scene at hamburg in recent years a new coach in the spotlights and on the pitch it's the same old story. number give away the ball and lights and make them pay. up it's found bruma on months of the bumps and light seats at the elite. allen hahn stumbled with the ball and was too slow for kevin campbell the defense were ripped apar

different players to hit the target for the variance in a five to rout in munich allianz arena including jerome boateng who headed home half an hour into the game and failed to make strides in their bid for a champions league spot when they could only manage a draw with the relegation threatened homburg. you're watching the w. news more coming up at the top of the hour and don't forget you can get all the latest information and news on our website around the clock thanks for. those values and germany is a strong country. that we have achieved so much we can do this and if something henderson says we must overcome it. going where it's uncomfortable global news that matters t.w. made for mines.

different players hit the target for the variance in a five to rout and unix only on serena including jerome but what tang who headed home half an hour into the game and rb life say she failed to make strides in their bid for a champions league spot when they could only manage a draw with relegation threatened hamburg so let's get a check now of all the weekend's bundle your results so far. well there you see the confirmation of that win for byron as well as the draw for life safety shaka easily handled stood guard dortmund scored late to draw with freiburg cologne for each got a point for him and hair to berlin also only managed to draw on friday frankfurt big log off and on sunday labor crews and will meet minds hanover will host of course still plenty to look forward to or heading to poland now where the protagonist in our next report can't help but stand out from the herd a cow has been making headlines after running away from her farm to join a group of wild bison now the suspicion is she may have left home to follow her heart. she follows them wherever they go. it's an unusual mix but

jerome convolve sliding in to give graeme in a one nil lead up to twenty five minutes their first goal in munich since twenty fourteen but had a tough time finding a way through their opponents but thomas was in the mood. outstanding technique in the hosts and equaliser just before half time. shortly after the break it was two one. robert levin dusky expertly rising to plan to head a posse of lanka. but braman for back with a helping hand from byron max kruse a song in a corner and the casula was corkboard watching. own goal suit to. fly and were forced to up their game. came and saw man love and dusty to live it again the poll seventy eight goal of this season how many is then headed moolah his hundred thousand is that you go along a plaque. for to the final straw but unfolds to work hard for their customary win over courageous braman. in american football defending champions the new england patriots will face off against the philadelphia eagles for super bowl fifty two the patriots led by tom brady defeated the jacksonville jack was twenty four twenty why deceiver danny amendola caug

vonnie: who would be a good companion or seatmate to jerome powell? robert: in this particular case, you would like to have an economist in that position. he doesn't have that particular background. in this particular case, if larry lindsey were to be selected, he obviously knows the fed, he's been involved in the past, he understands how it operates, he would be someone who would be very well-equipped to be a complement to chairman powell. mark: phil dudley will have to be replaced. randy quarles is coming in. a couple moreair, dovish members won't be voting this year. what does that mean for policy in the year ahead? robert: this is the really interesting part about it. right now, we will end up with a situation after chair yellen leaves, there will only be three governors. as far as the fomc is concerned, the reserve bank presidents will dominate the voting. i can remember that's ever happened before -- i can't remember that's ever happened before. it depends on who gets dudley's position. the president of the federal reserve bank of new york is a

different players hit the target for the variance in a five to rout in unix ali on serena including jerome but what tang who headed home half an hour into the game and rb lifes a failed to make strides in their bid for a champions league spot when they could only manage a draw with relegation threatened him bark. is a check now of all this weekend's bundesliga results so far let's check out that table there is that confirmation of the byron win and a draw for life's a shelf that easily handled more excuse me dortmund scored late to draw with freiburg cologne in augsburg got a point each braman battle here to berlin on saturday's late game and on friday frankfurt beat god on sunday will see liberties and neat minds and hanover will host the spork. to poland now where the protagonist in this next report can't help but stand out from the herd a cow has been making headlines after running away from her farm to join not the circus but a group of bison this especially as she may have been following her heart when she left home. she follows them wherever they go. it's an unusual mix but this brow

the us senate has confirmed federal reserve governor, jerome powell, as the next head of the centralurrent chairjanet yellen. the confirmation is widely expected to provide continuity in us monetary policy. the 64—year—old former lawyer will hold the job for a four—year term. walt disney is giving employees a one—time cash bonus of $1,000, joining a growing list of companies handing out awards in the wake of federal tax reform in the us. disney also plans to put $50 million into a fund to help hourly employees with tuition costs. good news for them that is it for now. before we go, the markets. the markets are now. before we go, the markets. the markets a re pretty now. before we go, the markets. the markets are pretty flat. they have been catching their breath after rate next big. —— break—neck speed. that is it for now. the news briefing coming up. we will look at the global stories making news today. a new inquest opens today on private sean benton, who died at deepcut army barracks in surrey in 1995. private benton, who was 20, was the first of four young soldiers found dead at d

last meeting of the federal open market committee, or the fomc, before handing over the reins to jeromel, and the two day meeting will end on wednesday where it is expected to keep rates unchanged. other items on the calendar this week include the united states and south korea entering into their second round of talks to try to salvage their troubled bilateral trade agreement. that also happens on wednesday. and on thursday we will see the titans of the tech world, the likes of alibaba, of the tech world, the likes of aliba ba, alphabet, and of the tech world, the likes of alibaba, alphabet, and amazon, posting their earnings that day. i spoke earlier to the chief investment officer for the asia—pacific at deutsche bank. investment officer for the asia-pacific at deutsche bank. we don't really think there will be any material announcement, because as we said, it is the last meeting as chairwoman, so hence they will keep the interest rate unchanged until of course she hands over tojerome powell, and then we would expect the first rate hike to happen in march. and we know that in the inte

trump picked jerome powell to replace janet yellen one hurt term is over -- when here term is over. washington , robert mueller will likely seek to interview trump. the newspaper says that the special counsel will interview trump very soon, possibly within the next several weeks. the u.k. prime minister's attempt to give her government a as theye is ruined, refuse to follow orders. health secretary and education secretary were locked in discussions with her after rejecting proposed moves. her ability tor navigate the next stretch of brexit talks. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. you can find more stories on the bloomberg at top . now the positive session in asian equity markets come up for a sixth consecutive session. the nick a coming back -- the nickkei coming back online. we saw the kospi impacted by what you have seen in samsung. earningsissing its come off by 3.1% there. it is having an impact on the overall index and a lot of analysts have scrambled to readjust their forecast on samsung. we have seen

the first is to confirm jerome powell as the next fed chair. once that vote wraps up, the senate will vote on whether to begin debate on the nomination of alex azar to be secretary of health and human services. this is one of the key roles in our entire federal government in caring for america's sick and vulnerable. let me begin by saying that had mr. azar does not come with the staggering ethical challenges of his predecessor, the first trump h.h.s. nominee tom price. here is my concern. mr. azar's nomination is a clear symbol of the president's broken promises on prescription drugs and pledge to secure better and more affordable health care for all americans. at the outset of my remarks, i'm going to start with the issue of skyrocketing prescription drug prices that now clobber millions of americans at pharmacy windows across america. it is one thing for a presidential candidate to have claimed that he would just be too busy, too busy working to have time to golf and then spend almost one out of three days in office golfing. it's another thin

federal reserve system jerome h. powell of maryland to be chairman. liz: i'm liz macdonald this is risk & reward that was senate majority leader mitch mcconnell saying this is a manufactured crisis, the vote basically in the senate now done. the bill on keeping the government open, heads to the house right now and let's get right to adam shapiro he's live with the very latest. adam? adam: the latest is that as you said this goes to the house. the only difference is you heard the leader of the senate mitch mcconnell say is that this is essentially a week shorter than what the continuing resolution which was passed in the house, but there it is. now, the new clock february 8 in which the leader has promised to allow a bill to come to the floor of the senate on immigration, open amendments. there's no guarantee it would pass and even if it did pass in the senate there's no guarantee the house would pass. here is what jeff flake, an advocate for immigration reform as well as a daca deal, a republican had to say about where we're headed. >> what has been d

jerome powell becoming the secretary of the federal reserve. president trump first nominated powell in early november. maria: i had the chance to speak with commerce secretary wilbur ross. he tells me his feedback from his international counterparts has been largely positive. >> surprisingly there is a growing recognition at the world trade system needs to be fixed. i had a big panel discuss yesterday including the head of the wto, head of cargo, and i asked them a simple question because they were all claiming we were protectionists. i said name me the country that is less protectionist than we are. they had no answer. and they ultimately agreed there are things that need to be fixed. there are abuses. wto needs to change some of its ways. it's the first time i have seen overt recognition of that. maria: with regard to nafta it was a welcome invitation for corporate america to say i'm going to build a factory in mexico then i will sell the products back to the u.s. but that payment template for all deals. after world war ii it was lib rat u.s.

the nomination will be part of a wider leadership shakeup at the central bank after trump picked jeromeowell to replace janet yellen. robert mueller has reportedly raised the likelihood with donald trump's legal team that his office will seek an with the president. he brought up the issue of meeting with mr. trump had a meeting with lawyers. council could interview trump soon on a limited portion of questions, possibly within the next several weeks. theresa may's attempt to give her government a new year reboot marred, as officers refused to follow her orders. off script.ly went jeremy hunt, then education secretary were locked in discussions with her after rejecting proposed moves. it bodes ill for the next stage of brexit talks. developmentomic minister has said britain should be granted the trade deal that brexit secretary david davis has foretold. thelitically independent in body made the comments in interview with bloomberg. will be what we need to achieve. beyond that, it is a problem that we need to solve. brexit is another piece of the western world that is basically more and mo