jonathon: from governor carney.resident officially chose jay powell as fed chair and the tax bill details have been released. while we have more clarity, there is still much work to be done until the proposed challenges become a reality. we now turn to kevin cirilli who is joined on capitol hill why jeb hensarling. kevin, over to you. kevin: listen, busy day yesterday. what is the timetable? it isssman hensarling: off to a great start. people want a more competitive tax code. my hats off to chairman brady and the speaker. i think we are off to a great start. it will be a shot in the arm for small businesses and our corporations. working families. they will see their paychecks go up. this is a great rollout and i'm convinced we can get it done before thanksgiving. kevin: the realtors association had some concerns. they are particularly concerned about the mortgage productions. what is your response? congressman hensarling: what they ought to look long and hard at is the difference between a 3% and a 3.5 percent growt

we have about ten or 15 minutes for questions to come on over, and then again after jonathon has entered questions will be head over to the tent to sign copies of his book. thanks again. >> yeah, the question i have is i -- admire ali and one of the stories about muhammad ali was after he won the olympics, that he threw his gold medal into the river. and i've read that but i don't know if that's true or not. have you discovered in addition about that? >> yeah. so good news is is that bicycle mess turned out to be true. gold medalness probably not. so the story goes and first appears in ali autobiography that he was back from the olympics and he was wearing his olympic melds he wore it every where. he just -- , obviously, wanted to show it off he slept with it on. and he was in a restaurant and couldn't get served so according to his autobiography a white motorcycle gang chased hill out of the restaurant and as he was flee, going across the bridge of the ohio river he threw it into the river and in frustration and in protest that even a gold medal doesn't earn you service at one of these

jonathon, welcome back. >> i have got to say should have, could have, would have. one bitcoin is still up 500% this year. as an investment. despite this are you deck st. louis volatility, bitcoin is having a banner year. kennedy: how do you use bitcoin? some people use it like gold. they park their money. it goes up in value. there are others who like to use it like cash. and bitcoin and bitcoin cash are at war with each other. explain how that works? >> there is a bitcoin gold. this is a brave brand-new world. it's like 1999 in terms of tech stops when it comes to crip so currency. they are going to be issue offing etf's on crip to currencies. but it's also a big risk. there is nothing backing bitcoin up. it was created out of thin air. kennedy: how does it work? >> it's a limited number of digital bites. that's why it failed as a currency. bitcoin isn't backed by an asset. at this place few places are accepting bitcoin. kennedy: how does it work? what's best day to use bitcoin. let's say people love the idea of the unmediated currency. how do they buy it and how

little more slowly now he is the most famous president of the remote atlantic island of st helena jonathon the giant taught us and now is set to become a tourist attraction as a british territory opens its very first effort jonathan is also the world's oldest known living land animal has at least a hundred and eighty five that's right one hundred and eighty five visitors can only view him from a special corridor ensuring that he can keep enjoying the stress free life has become accustomed to. thank you. well you're watching news from brandon well coming at the top of the hour thank you for joining us.

little more slowly he is one of the most famous residents of the remote atlantic island of st helena jonathon the giant tortoise and now he is set to become a tourist attraction as the british territory opens its very first airport so jonathan is also the world's oldest known living animal and he's at least one hundred and eighty five. that's all from the news this hour thank you for watching .

getting rid of an unpopular, unworkable tax, jonathon gruber said the individual mandate doesn't work. it does tax lower income americans the most of. 80% of the tax falls on those who make $50,000 a year or less. you get rid of that and it enables you to put money into tax relief for middle income families. kennedy: democratic senator ron wyden * says all they are doing is turning a tax bill into a healthcare bill. should the republicans be trying to kill two birds with one stone? let's go to my eagle eyed party panel. and "reason" magazine's peter suderman. i will start with you. $338 billion savings over a decade if you spike the individual mandate. but it's not just spiking the mandate. it does more than that. please explain. >> what republicans are trying to do is pay for their tax reform while getting rid of a central plank of obamacare. this is a victory but a partial and imperfect victory. it leaves the preexisting conditions rules in place. we know from watching states that tried to have the preexisting conditions rule. we know from states that tried this, the individual mark

let's bring in lauren zelt, managing director of fp1 strategies, and jonathon alter joins me from earlierren, just last weekend white house legislative director mark short said the president would be out there campaigning for roy moore. he would not be doing it if he didn't believe the accusations were credible. did something change here? >> i think the president sometimes he takes a minute to weigh in only these things, ultimately decides to do so, often in scenarios where it doesn't benefit the american people. in this case the people many the state of alabama. i think it would be better for the white house to stay out of this. what mr. moore has been charged with is atrocious. he should not serve in the united states senate. you know, i understand the desire of the president to want to weigh in on things like this, he would be much better served to stay out of it. also it would be better for him to denounce it as well. i think where we stand today is that i'm hopeful that the people of alabama will really consider this before they go to the polls. and not send someone who has been accu

police in montgomery county are starting a tip line for jonathon oldale. he was a father involved in summer camps and active at his neighborhood pool in somerset. he is now banned from school property. so far police have not found any additional hidden devices. >> this just in. president trump's nominee to be the agriculture chief scientist has withdrawn his nomination after being named in the special council's russia probe. sam clovis was the trump campaign chief poll soy advisor and national co-chairman. the former chairman of the campaign, paul manafort and a business associate will be there this afternoon at 2:00. they each pled not guilty to a 12-count indictment on monday. >> republicans just released their tax reform plan, so here is what we know. the mortgage interest deduction will stay. however, the cap is reduced from $1 million to $500,000. people can still deduct their state and property taxes from federal filings, but state and local income and sales tax deductions would disappear. seven tax brackets are dropped to four and the amount of acce

. ♪ jonathon: it is payrolls friday.e expected to bounce back in october. republicans trying to paper over divisions. the house tax bill could add to the deficit over the next decade. and apple. hits the stores as profit comes in better than expected. -- company edges towards a valuation. good morning. bloomberg daybreak. i am alongside alix steel. we begin by getting you up to to speed on -- of the market action. in the fx market, the dollar going nowhere. one hour and 30 minutes from the payroll numbers. treasury yields, unchanged. you take price action ahead of the big number. alix: it is friday. we will talk about where the price action is.