metcalf his is very important. law 1996 eliminated all judicial determination including cancellation of removal. cancellation of removal was not available fracture when he was being deported from his country. the law 96, eliminated any ability for a judge to consider military service as well is any other equities a person would apply. so we have to address it. with i.c.e. a simple policy. well also have two uphold the law. >> mr. metcalf would you like to respond. >> i just want to tell you, i was a judge in miami. i can't tell you that every case would come before me on the rubric has been testified to would have survived and challenge of cancellation from the government and i know that i granted 75 percent and 80 percent of the applications that came before me and them he also had i was typical of judges across the country and we do add the view me we do have the veteran his overall criminal history, his or her rehabilitations, family and financial ties to the u.s., employment history community service in additio

metcalf, welcome. >> thank you. it's an honor to be here. members of the committee, it's an honor to be here. i thank all of you and i thank the panelists for their statements. i'm a lieutenant colonel in my 28th year of service. my unit, the 149th, closed american operations in iraq and did the handover of all military installations in iraq. in at least one case, a naturalized citizen served as a combat arms company commander, all had earned their citizenship. background checks were the rule and this brings me to the points i believe critical to good policy. first of all, we may have differences of opinions today, but all of us are americans. the policies conceived to advance the experience of immigrants is wide, large and generous. i favor a 180 day active duty service requirement. this allows background checks to be completed that can better individual individuals whose histories require further investigation before they continue to more rigorous and sensitive training. this requirement is not onerous. in light of the great responsibiliti

our thanks to michael metcalfe, state street global head of macro strategy. checking u.s.kets now. the s&p 500 is up more than 0.33%. nasdaq is up more than 0.5 percent. the dow is the laggard, just up about 0.1%. airlines really weighing on the dow today. delta down 2.5% after saying it is definitely seeing a big impact on business travel. this is bloomberg. ♪ ♪ ♪ guy: from london, i'm guy johnson. vonnie: from new york, i'm vonnie quinn. this is the european close on "bloomberg markets." it's time for a look at some of the biggest business stories in the news right now. pepsico says it expects to meet or beat its full-year revenue growth target. sales were better-than-expected in the latest quarter. in frito-lay'ses snack foods, helping offset the decline in soda. earnings at fashion retailer h&m have returned to growth after a three-year slump. h&m'sedit is going to well-received summer selection. good news, bad news for tesla and it released third-quarter delivery figures. the electric carmaker livered a but --number of cars, carmaker delivered a record 97,000 cars, bu

michael metcalf from state street stays with us.th korea's central bank has joined the wave of rate cutting. we will be talking about the potential for the global trade outlook. this is bloomberg. ♪ from the couldn't be prouders to the wait did we just win-ners. everyone uses their phone differently. that's why xfinity mobile let's you design your own data. now you can share it between lines. mix with unlimited, and switch it up at anytime so you only pay for what you need. it's a different kind of wireless network designed to save you money. save up to $400 a year on your wireless bill. plus get $250 back when you buy an eligible phone. call, click, or visit a store today. ♪ senator warren: this is about donald trump, but understand. this is about this president and the next president and the next president. the impeachment must go forward. senator sanders: mitch mcconnell has to do the right thing and allow a free and fair trial. as a formeris: prosecutor, i know a confession when i see it. >> this has to be about bipartisanship.

metcalf his is very important.law 1996 eliminated all judicial determination including cancellation of removal. cancellation of removal was not available fracture when he was being deported from his country. the law 96, eliminated any ability for a judge to consider military service as well is any other equities a person would apply. so we have to address it. with i.c.e. a simple policy. well also have two uphold the law. >> mr. metcalf would you like to respond. >> i just want to tell you, i was a judge in miami. i can't tell you that every case would come before me on the rubric has been testified to would have survived and challenge of cancellation from the government and i know that i granted 75 percent and 80 percent of the applications that came before me and them he also had i was typical of judges across the country and we do add the view me we do have the veteran his overall criminal history, his or her rehabilitations, family and financial ties to the u.s., employment history community service in addition

metcalf had a different perspective on that. tell me. >> that is one of the most troubling aspects of the 1996 changes made to the immigration law, that it removed all forms of the jrnls discretion for any person with an dwrafted felony and again expanded the definition of aggravated felony. you have more people subject to deportation. even for misdemeanors for things we don't classify as actually- as aggravated. >> i'm ut of time but i want to say in orange county we were one of the first pioneers on creating veterans courts. now the issues are very complex. so look forward to working with you on this issue. now i'd like to recognize mr. bigs for five minutes of question. >> i think we all understand that many veterans struggle with reintegration two to tbi and ptsd issues. >> that's why i advocate for colleagues across the aisle to make access to therapy more available. that is -- and more easily. it's cold hearted with withhold support for this important therapy for veterans. so when i see mr. barajas vet o indicate he was st

wilson to metcalf. turns up field. he fumbles the ball. marlon humphrey, scoop and a score.dallas. brutal start from philly. two turnovers on the first two positions. ezekiel elliott scores. cowboys win big over the eagles as we move warrior game week is approaching. d'angelo russell and steve kerr want to talk about it. >> everything we do we're developing that chemistry. the more the better. 15 games in we'll be up to speed. >> we have to do so much more this year than we've done in the past and breaking down defensive schemes and different looks that we're going to see that we have to guard game in and game out, just basic nba actions. our young as many reps as they can. >> season is starting really soon, chase center. big coverage on thursday here at abc 7. >>> with that, that's it for tonight. >> abc. news continues tomorrow morning at 4:30. thanks for joining us. have a great evening and an even better morning. (john a.) the stage is set. watch out, big balls, 'cause here i come! 24 ordinary men and women are about to go head-to-head with the most extraordinary obstacl

tom metcalf is joining us from london. what exactly is he doing to free up this cash?he has pioneered this interesting trend that is spreading through private equity. what they are doing is taking a minority stake of their firm, the investor equity, in robert's case, and selling that on to bulk buyers. blackstone, goldman sachs. those buyers are trying to get a slice of the private equity returns that these firms are seeing, whether management fees or carried interest. ins is causing an explosion the value of the fortunes of these private equity tycoons. toert smith has been able monetize some of this wealth locked in his firm and become one of america's most prominent leftists. -- philanthropists. people are seeing this and saying this is a great way to boost fortunes. lisa: on the flip side, and increasing interest of investing in private equity firms, even with other private equity firms. who has been the most active on the buying side? howou have any idea on much more active this market has gotten recently? >> the poster child of this is dial capital. 10 years ago,