, he's president and ceo of the lindsey group. larryeat to see you. we just had tom steyer on, he basically said this whole thing is just a giant effort by the wealthy to pull the wool over the rest of america's eyes and give themselves a huge tax break, what do you say >> i don't think that's accurate first of all, if you look at the personal side on net, you're going to find that most high income tax payers are going to pay more taxes under this bill and the bulk of the tax cuts on the personal side will be for families making between 50 and $1100,000. a lot of those families will see their taxes go down by half or two-thirds so, on a factual basis, i think that the distribution of the tax cuts is definitely middle class and not as the gentlemen described it on the business side which is where i think the more interesting pieces are, you left out two important changes. the first and by far the most important terms of economic growth is the provision of expensing, particularly for small businesses by that it means that when the busines

we have seen some recently that we have not seen previously, like larry lindsey, bill allison.same time, we are hearing a lot of the names that we hear all the time, kevin warsh, gary cohn, glenn hubbard, some of these tried and true conservative economists that come up anytime there is a fed appointment. glenn hubbard was a contender when bernanke got the job. i think we will probably see a lot of those names floated this time again. david: gina, thank you very much. time for the balance of power newsletter. get the latest on global politics in your inbox every day. coming up on bloomberg, a conversation on the fate of health care in the next hour with governor john hickenlooper of colorado. that is at 2:00 eastern. this is bloomberg. ♪ julia: 2:00 p.m. in new york, a.m. in san francisco, 7:00 p.m. in london. i'm scarlet fu. julia: and i'm julia chatterley. welcome to bloomberg markets. ♪ live at we are bloomberg world headquarters in new york over the next hour. here are the stories we are covering. president trump is ramping up the pressure on north korea, ordering new sanct

and larry lindsey will explain how they thinks this pla

as having an economic profit impact, then you will probably see a more significant reaction >> larry, lindseyever talk about whether they're talking to him about being fed chief? >> i mean, he is out there as a possibility. i don't know anything. >> you just -- >> he is out there, but -- >> i could either ask you or becky or jacob do you know anything you work for him >> i know he is a possibility. >> do you know that from him, or ju just read the same things i read >> i talk to him >> i think trump wants to have a steady monetary policy he says he likes lo interest rates. larry is more of a renegade guy. >> if you pick somebody other than the top job >> i think that's the one he would take if offered. >> that would be good because we know him pretty well >> it's all about us >> i think trump -- >> you like taylor who do we not like >> we like a lot of people >> peter, jason, thank you for coming in. we appreciate it >> thanks. >> thank you >> coming up, dealing with north korea. should the u.s. be looking at cyber warfare as a means to stop kim jong un's nuclear ambitions? we're going to ass

larry. tonight get ready for round 3. >> lindsey graham, the senator who co-wrote the bill, says donald trumps focused like a laser on health care and i'm guessing he means he's focused food. water. internet. we need it to live. but what we don't need are surprises, like extra monthly fees. i see you, fee, played by legendary actress anjelica huston. you got me, mark. we just want fast internet for one, simple rate. for all the streaming and the shopping and the newsing, but most of all... for the this. internet for one everyday simple price and no extra monthly fees. oh, you yeah!ht butch. (butch growls at man) he's looking at me right now, isn't he? yup. (butch barks at man) butch is like an old soul that just hates my guts. (laughs) (vo) you can never have too many faithful companions. introducing the all-new crosstrek. love is out there. find it in a subaru crosstrek. >>> a sports legend being hailed a good samaritan tonight after returning a lost cell phone found after the raiders game on sunday afternoon. abc 7 news reporter elissa harrington spoke to an excited oakland family. they cou

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on larry king you are watching our america question more. lindsey francis is the boss broadcasting around the world from washington d.c. tonight who were nearly gets his license suspended in the lucrative london market now its new c.e.o. has issued an apology and german chancellor angela merkel wins another term we take a look at what this means for germany and the european union for from a business angle and u.s. warplanes flew over the korean demilitarized zone over the weekend as the war of words continue between donald trump and can draw moon what impact will the sanctions have on north korea former u.s. attorney commissioner bart chilton stand by for us starts right now. the october eighteenth new travel restrictions go into place for citizens of chad iran libya somalia syria and yemen also certain venezuelan government officials and their immediate families also north korea it came on the day that trump's temporary ban on visitors from six muslim majority countries was set to expire ninety days after it went into effect he tweeted making ameri

on larry king you are watching our t.v. america question more. i'm lindsey francis is broadcasting around the world from washington d.c. tonight the securities and exchange commission says that that happened a while ago and now the half hours have made money on dolan information also china gets a credit downgrade its debt is not looking good but still it builds on also its time to discuss the federal reserve statement following its meeting yesterday it takes a forward interest rate hike and takes aim at unwinding the balance sheet by the end of the year what's actually going to look like. through must start right now. the securities and exchange commission says its corporate filing system was hacked last year and they look information which hackers all may have helped them profit illegally a government watchdog points to deficiencies in the agency's computer systems which put the information at risk the f.c.c. says that while the breach was discovered in two thousand and sixteen the illicit trading based on the information seized was only discovered last mon

lindsey shook us a producer on the show. he was backstage and at hbo's after-party where the couple sat next to seinfeld creator larry david. julia louis-dreyfus made history for her sixth win playing in veep. that tops don knots. julia is tied with cloris leachman. >> sterling k. brown became the first african-american in 19 years to win best actor in a drama, but the band played him off. >> writers, you are our life's blood. you can play. you can play. ♪ >> what did you want to say in. >> my wife, you are unsong in everything you do in our family. you gave me two of most beautiful beings to grace this planet. your daddy loves you. >> donald glover became the first african-american to ever win best director for a comedy and the first to win best actor in a comedy in more than 30 years. >> i want to thank my unborn son. >> how long till this child arrives. >> probably by the end of the year sometime, i think. >> the first streaming series to win best drama, so we gave emmy a little hand made. >> aww. >> you didn't get any sleep last night. >> all in for elizabeth to win. >> oh, my god. every time you say it, it makes me mor

larry: crazy. when people don't like they take to social media to vent frustration. alison: select few can type more letters in the tweets as twitter doubles the limit from 240 to 280 characters. as lindsey mastis reports plenty of people are having fun with it. lips look at this -- lindsey: look at this. ellen degeneres says i'm proud to be part of the rollout. she runs out of characters so she does not have 280 there. but the oregon zoo has some are sarcastic -- it's one of the 47 tweetsdy fintive thoughts but others think they should have put their attention elsewhere. theuners want something different and they want the twitter to find solutions for racism and hate on the platform. more characters won't help that issue. now imagine trump using twitter with 280 characters. so far trump's tweets are short but we'll keep an eye on. back to you. alison: interesting. >> i'm so used to 140 i have to think about what else i want to erin: the nats are back home for the final series of the regular season. here what dusty baker thinks about the playoffs coming up next. >> first what the federal government is doing to stop one of the deadliest gangs in america from recruiting your kids. sweet 4k

lindsey. your three beautiful, great nephews, luke, richard, john robert, and peter anthony. we call them missouro, larryf them. we love you and your brother misses you. >> and for my father, markka lay hoe, my uncle steven sa lay hoe i stand here as a reminder to the other families of 9/11 and to the world that no matter how dark moments in life can get, that there is light ahead if you just choose hope. thank you. timothy paul gilbert paul stuart gilbey paul john gill mark y. gilles evan gillette ronald lawrence gilligan rodney c. gillis laura gilly john f. ginley donna marie giordano jeffrey john giordano john giordano steven a. giorgetti martin giovinazzo kum-kum girolamo salvatore gitto cynthia giugliano mon gjonbalaj dianne gladstone keith alexander glascoe thomas irwin glasser edmund glazer harry glenn barry h. glick jeremy logan glick steven glick john t. gnazzo william robert godshalk michael gogliormella brian fredric goldberg jeffrey grant goldflam michelle goldstein monica goldstein steven goldstein ronald ga lins sky andrew h. golkin dennis james gomes enrique antonio gomez manuel gomez jr.

lindsey graham specifically about that. >> but states would be able to not cover people with pre-existing conclusioditions - >> where are you getting this garbage? that's garbage. >> here's the deal. the kaiser family foundation's larry tells axios the bill does not let states waive the part of the affordable care act that says insurers have to cover sick people so technically it covers people with pre-existing conditions. but, and this is a big one, it does allow states to opt out of several other aca rules that can cause people with pre-existing conditions to pay a whole lot more for their health care and that includes the ban on charging sick people higher premiums than healthy ones. let's go live to capitol hill where msnbc's garrett haake is standing by. okay, the key question this morning, can the gop get these 50 votes to pass? >> stephanie, they're close. remember, they were close last time and the difference between being close and getting this done is all important. we're in movie sequel territory here where the plot is very similar, the characters are the same and everyone is playing slightly different roles. where we stand right now, there is one hard no vote from the republican side on this bill and that