they picked jim o'neill. he is a doctor and called for eliminating the mandate to determine whether new medicines are safe. trump's decision not to get daily security briefings is causing concern. angus said -- king said it could be down right dangerous. >> to not have that direct face-to-face briefing is a mistake it will cost him based on on a decision someone on his staff filtered. >> moon while in i understandian in a, workers -- meanwhile, in indiana, workers at carrier held a vigil for those whose jobs are heading to mexico. >>> u.s. education under-secretary ted mitchell visited the philadelphia military academy to talk about student aid. aid will be available next year to help to get students to attend college. william hite was on hand to discuss the city's role in boosting completion of financial aid applications. >>> a little girl whose tweets from the siege al. he -- aleppo have resumed. >> venezuela government has seized four million toys two weeks before christmas. the country's largest toy distr

jim o'neill was deputy secretary at the department of health and human services and he helps run one of thiele's firms and does not have a medical background. >> holy toledo, it's finally happened. cooperstown finally calls the fame of legendary a's announcer bilking. >> hit high to center field and it's going deep and it is a home run. >> king won the ford c. fricke awar. he was the radio voice for more than two decades and was known for his catch phrase holy three-dayo. he's been a finalist for this award for several years. >>> good evening, everyone. you'll see the rain is really scattered in nature with the steadiest in the north bay. i'll close in on lakeside drive. wet roadways and real the evening commute will be slippery and a slow going up. sonoma as we take you into napa, eighth street and east also getting wet. east barracks getting real light returns around oakland. 11th avenue heading into emoryville and each the bay seeing showers across 24 maragha boulevard. it's snowing in the northern california mountains and also in the sierra nevada. it is great to so the snow, but

jim o'neill is a managing director at peter thiel's company.ll does not have a medical background and every fda head in the last 50 years has either been a trained physician or scientific researcher. trump has chosen three generals for his top team of advisers including general john kelly for secretary of homeland security, general michael flynn for national security advisers, and general james mattis for defense secretary. james mattis has extensive and recent military experience. what is -- what does trump's choice me for global cyber security threats? ath me, partner and investor -- >> general mattis has a true reputation,errific advocating force only when necessary and when it would be successful. i think he stands out as a confident pick among trump's read the question is not about him in particular, but why it is that donald trump would say he is looking to the defense department or the joint chiefs of staff to protect this infrastructure against cyber attacks. looking to the defense department to general mattis or the joint chiefs of sta

jim o'neill is a manager at the capital management, but he would be an unconventional pick.es not have a medical background. the heads of the fda have either been a trained physician or a scientific researcher. industry leaders in cyber security are trying to piece together what is in store for the sector under a trumpet ministration. we know were tied general john kelly is his choice to lead homeland security. this after state backed played a controversial role in the win. carbon blacks ceo joins us from new york. thank you for joining us. the number of generals that trump is putting on his team is adding up. what does that say to you about the priorities around cyber security and how they might act on them? >> it certainly says that trump is taking national security very seriously. i think the challenge is that on the one side, trump is going to have a set of advisors whose understands how big a challenge cyber security is a on the other hand, president-elect trump has been out talking a lot about the fact that he wants less regulation, not more. that will be a real challe

the trump administration did indicate they are -- considering jim o'neill for the head of the fda.e did say he is a proponent of progressive approval, a different methodology that could bring down prices naturally. bit pervering a little day. we look at 4667. this is a chart of biotech and blue going all the way back to july of flying 15, down 35%. a big bear market. convergence up 7% this year, down within 20%. a higher risk convergence up, ia tell it could be weakness ahead. we have the nasdaq in a bearish consolidation pattern. the oneent version of back earlier that brought pullback to her the biotech index, it's a weakness continues, it could be a signal ahead of broader market week this to come. bloomberg contain -- obtained access to the federal reserve staff members. here was some key takeaways. . fantastic scoop this was 2010 memo, internal at the new york fed deliberating how they saw the economy unfolding and how best to combat praised cure what do you make of the memo? >> they all have economists and for them to then taken to the meetings and take -- speak intelligently

jim o'neill has served at the department of health and human services during the george w.stration. the trump team could still go in another direction. donald trump tells nbc news that he consults with president obama and values his views. from says that he has asked mr. obama about some of his appointments -- trump says that he has asked mr. obama about some of his appointments. the battle over brexit inside the u.k. supreme court went on for a third day as judges decide whether government or parliament has the power to leave britain out of the eu. the supreme court is hearing an appeal against a ruling last month in favor of parliamentary approval. by ministers plan -- prime plans to begin exit measures in march. lawmakers believe the exit is not legally binding. the court decides tomorrow. global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i'm taylor riggs. this is bloomberg. david g.: thanks very much. on capitol hill today, u.s. lawmakers grilled the ceos of at&t and time warner about how their proposed tieups up

are hearing that that short list potentially is narrowing and may include a peter teal associate, jim o'neil. sources tell cnbc has been put forth by peter teal, under consideration for potentially leading the fda, sources also tell us that teal put forward o'neill's name not just for fda, but for a number of potential positions under the health and human services department. we reached out to team's team on this, they gave us a statement, essentially saying that he has extensive experience in government and in silicon valley. he's a strong candidate for any of several key positions. now, o'neill is currently a managing director at teal's mithril capital management. he doesn't have a medical background, which would make him an unconventional candidate here. another name floated is scott gottlieb, with the american enterprise institute. he is a doctor and has worked under fda and cms in the past. so folks will be trying to parse out which of these guys or maybe somebody else under consideration who will be leading the fda under a trump presidency. >> stay there. we want to bring you in on thi

we have heard a name, jim o'neill -- how could that affect your businesses for better or worse? the things businesses like us like to happen is allow our innovations to get to patients. there is a substantial structure between fda and cms to guard against bad actors and so forth. there has been discussion against dismantling some of that. some of the bureaucracy slows down the pace of innovation getting to americans. we look forward to that being a positive development. there is a bill moving through congress that has been passed that will likely be lamented called 21st century cu -- will likely be legislated called 21st century cures. david: your devices are used with catheters, not open-heart surgery. can you keep up that pace? michael: the growth of that business has been spectacular. is the leader in surgical heart valves. but this new technology that allows heart valves to be replaced without opening the chest and stopping the heart is a remarkable. the growth of that business is more than 30% this year and is approaching $2 billion in size. it is significant. next year,w s

we heard a name, jim o'neil, who is an associate.ter or for the worse? michael: you know, one of the things that businesses like us really like to have happen is to allow our innovations to get to patients. there's quite a substantial structure that's in place between mcfadden and also c.m.s. to guard against bad actors and so forth. and there's been a lot of discussion of dismantling some of that. some of that bureaucracy actually slows down the pace of innovation getting to americans. and so we look forward to that being a real positive development that happens along the way. there's a bill that's actually moving through congress right now that's passed, that's likely to be implemented called 21st century crures. >> let's turn specifically to your business, which is largely has to do with replacement of valves. many of which are in catheters. so it's not open-heart surgery. you've been growing quickly, but can you keep up that pace? michael: well, the growth of that business has been spectacular. so our company was founded with hea

. >> clearly, montgomery county stephen o'neil has a lot to consider here and the decision could take weeks if not months. jim? >> thank you, dan. "action news" was in upland be, ro today as the councilman was arrested on accusations of conspiracy. authorities say he was involved in a kick back scheme with a security company 2009 to 2015. tom willard was arrested. the event began to unravel when the employee found cameras in city hall. >> the state says they'll save $3 million a year preventing sticker theft. you still need a printed registration card. drivers don't need to peel the old stickers on the new year, but no future ones are coming for your license plate. still to come, what the federal reserve rate hike means from you, plus the 911 call from the church survivor and dylann roof's unusual defense strategy. >> we hear from a trump supporter that assaulted a protester at a rally and his victim and how they want america to begin healing. >> we have an arctic front causing cold temperatures overnight and tomorrow. all of the details on what to expect in the accuweather forecast. >> and a new hope for amp

jim baker's general counsel at that time. very involved in our tax reform effort. by the way, at that time tip o'neileaker of the house. mr. mnuchin and president-elect trump face a republican congress both in the house and senate. i think that will give a good chance for moving this and moving it within the first two years. as to numbers, i think first of all having the overall theme of sustained economic growth is the right one. secondly, i think putting a 3% to 4% number out there even as some people might view as a stretch is a good thing to do. and of course i think you should put out where you think this should land. i think 15% is a great starting point. i personally would like to see it end there. if it doesn't, it will end up closer to 15 than 20. >> today the president-elect is in indiana to discuss the commitment of carrier to keep a thousand jobs at a plant in indiana instead of moving it to mexico. it follows ford's commitment to keep jobs for its lincoln mkc production in louisville, kentucky. and i'm wondering how often it happens where the president or president-elect will pick up the