>> it tells me that mitch mcconnell is still mitch mcconnell. he's the kind of person that if there's going to be a break when it comes to mitch mcconnell and this white house over something like this, what you're going to see first is virtually every other republican senator breaking with the white house. you're going to see a lot of noise on the republican side saying we need a special prosecutor, this is outrageous, then somebody like mitch mcconnell, the leader of the party, a very cautious leader, a very plodding leader, somebody who never gives away more in public -- an inch more in public than he thinks he's got to move away, then he'll move, then he'll act, then he'll reflect it >> i wked for mch mcconnell t. for ten years when i was in the senate. >> describe him in one word. >> a poker player. he never tells you what he's thinking and he never makes a move without seeing how you react first. >> wow. mike, i want you to come back in here. what can senate democrats actually do? i'm looking at the statement that dianne feinstein put out e

nation's most closely kept secrets while the interview process continues to replace james comey, mitch mcconnell has offered his recommendation on who he believes should be the next fbi director. he spoke to commence really early this morning. sen. mcconnell: i recommended merrick garland may surprise people. he was a prosecutor in your on the city bombing case. -- in the oklahoma city bombing case. continue thel tradition of the fbi of having and a political professional. apolitical professional. mark: a long friend of garland says the judge is happy on the bench and has no interest in leading the fbi. there's a blame game going on over that global cyber attack. microsoft points the finger at the national security agency. hackers used a technique stolen from the nsa to target microsoft's windows operating system. theirompanies owe customers and reliable process for fixing security flaws. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i'm mark crumpton. this is bloomberg. scarlet: thank you so much. julia: quite excited by the mention o

matthew: even today, mitch mcconnell said he is all for tax reform so long as it is neutral.hat means you have to pay for new tax cuts. the question is how you do that. that has been said is eventually they will come to the idea of how do you pay for tax cuts, this is the single order adjustment. eventually, the supporters think that will be used to offset tax reform. talke: there is so much every time a retailer or manufacturer announces jobs. ford says it's going to cut 10% of its force across the globe. they are busy doing other things. this will cost retail jobs. that is a no-brainer. matthew: that's what they say. there is always a lot of spin on both sides, opponents say it's going to increase prices. it's going to affect is this. we will have to slowdown expansion plans. supporters say they are being outrageous in their claim are in they are smart businesspeople. they can adjust. the big takeaway that the retailers are questioning is if it will hurt business and consumers. vonnie: you are obviously getting a wide range of views. i would imagine some people are thrilled

mitch mcconnell, republican followed by the minority leader chuck schumer. connell made a point of indicating the vote in the senate from two weeks ago yesterday that was a 94-6 vote to confirm rob rosenstein to be the deputy attorney general who is at the center of all this decision in the letter first released yesterday. schumer is saying there is little reason to think that rosenstein's letter was the reason for the termination and repeatedly called for a special prosecutor. we can hear that from democrats for some time now. john thune, senator from the hill with me now. i know this is on quick notice. is it the right thing to do to appoint a special prosecutor or not? >> that's not going to happen, bill. the leader noted in his remark this morning there are already investigations underway for months. senator richard burr and senator mark warner the chair and ranking democrat on the senate intelligence committee have been working this. there is a lot of work done. f.b.i. investigation underway and plenty of investigations out there already into this matter

so it was -- given who mitch mcconnell is and how he operates i thought it was interesting that he took tact. >> a key moment, the president has mitch mcconnell on his side on this and we haven't heard from paul ryan. that is what he needs today politically, at least. jackie kucinich and david drucker, a lot of breaking news, the senate majority leader essentially saying uh-uh, to investigate russia even after the firing of james comey. much more coming up. piece of je. ...the engagement ring of her dreams you had designed just for her. in fact, with custom design services in every jared... ...anything you can imagine, our expert jewelers can create. something completely original, completely unique... ...completely her. custom design that's why he went to jared. so i use excedrin.ments from my life. it starts to relieve migraine pain in just 30 minutes. and it works on my symptoms, too. now moments lost to migraines are moments gained with excedrin. [heartbeat] hello, my name is watson. i am helping 8 million taxpayers get the largest refund they deserve. one million people can benefit

interviewing candidates to serve as interim fbi director and in the senate just moments ago, mitch mcconnelle majority leader and chuck schumer, the minority leader with very different views of this historic moment. >> our democratic colleagues complaining about the removal of an fbi director whom they themselves repeated lead and sharply criticized that removal being done by a man ron rosenstein who they repeated lead praiseded. >> there is little reason to think that mr. rosenstein's letter is the true reason that president trump fired director comey. what must happen now is that mr. rosenstein appoints a special prosecutor to oversee this investigation. >> and the key moment just moments ago from senator mitch mcconnell, he made clear he would not support the special counselor or any special committee. we have correspondent covering every angle of this story. i want to begin with phil mattingly on capitol hill where there was a very important moment, mitch mcconnell very much with the president this morning, phil. >> you can't overstate how important that leadership is. senate leadership

senate majority leader mitch mcconnell says any tax or all cannot that's overhaul cannot add to the deficit spoke to bloomberg television on this position. sen. mcconnell: we will have to be revenue neutral. we have a $23 trillion debt. we added an enormous amount of debt during the obama years. we will have to be revenue neutral. the last time tax reform was done, it took several years. we certainly want to try to complete it this congress and make america more competitive. we didn't have one year of 3% growth during all of obama. kevin: one of the most controversial issues of tax reform has been the border adjustment tax. a lot of senators seem against it. probablynnell: it's not going to pass the senate. secretary of the treasury and the speaker and myself are trying to reach an agreement on a proposal we can all agree to start with. we will start with a house. -- the house. we will at some point. border adjustability is a pretty controversial thing in the senate. we will see what is in the final plan we agree to. vonnie: that was senate majority leader mitch mcconnell earlier today on b

in an exclusive interview, mitch mcconnell plant -- painted a pretty bleak picture for the tax. bly wouldn't pass the senate. are trying to go forward, the secretary of the treasury, the weaker and myself are trying to reach her proposal that we can all agree to start with. and of course, it will start in the house. we haven't reached that agreement yet, but we will at some point. julia: we learned in the past hour that the house committee hearing on may 23 book focus on this tax. here to discuss the issue, and retail earnings, lindsay roop -- lindsey rupp. lindsey: the sense we are getting coming out of that meeting, they are saying that they don't want that tax, but they are saying that they are concerned about how complex it is and they want to work with industry. retailers have indicated that it is a non-starter for us. theret doesn't feel that is much moment behind this tax at this point. i know that there are people in congress who think it is a good idea, but it is not looking good for it. our retailers feeling better about their physician about tax reform than they were s

here's mitch mcconnell.held up, locked a vote on merit garland, president obama's choice to be on the supreme court. listen to mitch mcconnell saying i think he'd be a great fbi director. >> i recommended merit garland. he was the prosecutor in the oklahoma city bombs case. it would make it clear that president trump will continue the tradition at the fbi of having an apolitical professional. >> a source close to the judge said thanks but no thanks. >> it would also create an opening on the bench which mcconnell would love to see that. >> this is kind of cruel, right? there is mitch mcconnell. he blocked merit garland from the supreme court. that would have been his dream i'm sure to be on the supreme court. now he's like oh, you serve -- >> now you have dinner with president trump and ask him to pledge your loyalty before you take over the russia investigation. >> but the reality here is the president i'm told wants to try and make a decision before friday. before he leaves and really for almost a week and

so mitch mcconnell controls that floor. even if you got senators on your side, you can't get around mitch mcconnell, can you? >> well, some of it depends on if there are enough republican senators that want to work with us on both getting this independent prosecutor, special prosecutor, and then i would add to it the independent commission which could come as a second stage where we want to prepare ourselves for this next election and get set rules of the game that we can all agree on in terms of having, you know, what the media does when they get stuff that's been cyber attacked by a foreign country, what do political campaigns do. i mean we're not far from the days -- i remember the days where someone would get some secret stuff from the other campaign for a debate that someone sent. they would just send it back. so we could get some agreements on this. we could do something to protect our democracy. so those are all areas where i think you could have agreement, but the fbi director is a glaring issue right now where we j

mark: senator mitch mcconnell wants less drama from the white house. this is bloomberg. ♪ mark: live from london, i'm mark barton. vonnie: i'm vonnie quinn. "bloomberg markets this is "bloomberg markets." the dollar continues to consolidate. traders assess the latest from controversy. joining us from the cme to discuss them achieve market strategist at -- to discuss, the chief market strategist at ii trader. >> this is shaking out the short seller late to the party. the option expiration is tomorrow for the june contract. there's a tremendous amount of openness at the $50 strike for calls and put. -- input. think of all the plays that were in the money over can a half ago. they are giving back a ton of money and then there's a lot of interest on the call side that needs to go worthless, too. this market will stay between 49 and 50 as we head into the opec meeting. buy the rumor and sell the fact next week. that will be the story that will drive the market lower. vonnie: as we get more and more research ahead of the opec meeting that suggests production

mitch mcconnell agreed too issue that invitation and did so on monday. he said monday that mr. rosenstein accepted the invitation. also reporting from the wall street journal on this topic, one of the candidates for fbi director, trey gaudi, the congressman from south carolina took himself out of the running on monday. he said the fbi needs director within impeccable credentials and one who can unite the country. >> live to the white house for h statements from presidenteade trump

look, mitch mcconnell is actually seen as a master legislator and can really push things through.ng is, the bill that he ultimately pushes through the senate won't look anything like what the house bill that was just passed will look like, so, you know, whether or not mitch mcconnell gets a decent victory, what we ultimately see is going to have to go back to the house and then whatever mitch mcconnell gets, will the house freedom caucus then sign off on that? there are many more steps to this process and the longer this goes on, the worse politically it will be, because we're going to see a number of town halls come up this next week and republican lawmakers are going to hear an earful from their constituents and we see the obamacare numbers polling starting to go up. american people like obamacare more than they did a year ago. >> they were happy with the devil they know than with the devil that they don't and we know president trump's numbers are less than where obamacare is right now in popularity. with so much, i guess, heat on the republican party for this and also on presid

next on american history tv, senate majority leader mitch mcconnell talks about former kentucky governornd u.s. senator wendell ford. mcconnell focuses on ford's early life on a dairy farm, his entry into politics, his campaign for majority whip, and his lasting legacy on kentucky politics. government ford education center in ellensburg, kentucky hosted this 45 minute long event. [applause] >> good afternoon everyone. ,y name is elizabeth griffith the executive director of the wendell ford government education center. it is my pleasure to welcome you to this historic tribute lecture honoring senator wendell ford featuring majority leader mitch mcconnell. before we begin, i would like to share our mission and the relevance it serves in our world today. as you all know, senator ford believed that students need a better understanding of how our government operates and that the principles by which he conducted his work, civil discourse, cooperation, and the willingness to compromise are vital to our nations future. in keeping with this mission, the center of established the statesmanship aca

mitch mcconnell is good at wrangling. look at how he was able to stall merit garland forever and get gorsuch on the supreme court. there are meetings going on about what this bill will look like. yeah, there will be a lot of policy differences. what happens with planned parenthood funding, what happens with the medicaid expansion. but my money in some ways is on mitch mcconnell and getting this done. >> here's three things we know are going to happen. some of them are outside of the senators control and they're going to be watching them for signals. number one, they're going home for a week and see how much they get yelled at. see what the passion is from the grass roots. both the activist grass roots on the right and the larger grass roots of their districts. are people passionately upset about this, are they supportive of this. what is the vibe they're going to get. number two, the cbo is going to score this bill some weeks after the fact and that's going to give people at least in some guidelines of what are the estima

how hard does mitch mcconnell start twisting arms?t a lot on the line to get the votes or put it up and let it fail and move on and say we did obamacare repeal, didn't work, let's ooumove on to tax reform. >> mitch mcconnell saying the reason that 23 million more americans won't have coverage is because when you start forcing people to buy something they don't want to buy, you now get them to embrace the freedom, to not have to buy health insurance. that is some unusual logic, if i've ever seen it, but they are selling this as liberty. >> ali, here's what we're going to have to start looking for in thefecti next few weeks if this effort does fall flat. somebody has to step up and take ownership. we we've heard the argument many times that obamare is falling flat, unavailable in iowa and a number of states. in wisconsin, insurers are pulling out. if that's the fact, then republicans are going to have to move to try to stabilize it at some point. will they come up with some sort of short-term patch, if you will, to try to stabilize obam

as you know, mitch mcconnell is the senate majority leader. he was elected to that position unanimously by his republican colleagues in 2014, and again in 2016. he is only the second kentucky to ever serve as majority leader in the u.s. senate. the first alvin barkley led the democrats in 1937-1949. first elected to the senate in 1984, mcconnell is kentucky's longest-serving senator and made history as the only republican challenger to defeat the incumbent democrat and is the first republican to win a statewide kentucky race since 1968. in 2014, he was elected to a record six term by receiving broad support across kentucky, winning 110 of 120 counties. mcconnell currently serves as senior member of appropriations, agricultural, and rules committees. he is the proud father of three daughters and married to secretary of labor, the 18th secretary of the department of transportation. revis lee secretary chao served as george w. bush's u.s. secretary of labor. when you mention power in washington today, three names come to mind. president trump, ho

that was mitch mcconnell. a full, fair and timely confirmation process for james comey‘s successor, but that dismissal of the fbi director still causing shock waves in washington. mr president there is little reason to think that mr rosenstein's letter is the true reason that president trump fired director comey. why? because of the administration truly had objections to the way director comey handled the clinton investigation, they would have had then the minute the president got into office, but he didn't fire director comey then. the question is, why did it happen last night? we know director comey was leading an investigation in whether the trump campaign colluded with the russians, a serious offence. where those investigations getting too close to home for the president? the dismissal of director comey establishes a very troubling pattern. this administration has now removed several law enforcement officials in a position to duct independent investigations of the president and his administration. from act

mitch mcconnell knows that. what happened in 1965 and '66 when the democrats had the super majorities. they changed america. we could spent 50 years trying to undo the work of that one congress and not succeed. filibuster is something conservatives want to keep. >> just talking to big donors who are frustrated about things not getting done, they say if you have a republican house or republican senate and republican white house and you can't get it done, then when will you get it done? the money will try up for republicans if they don't start moving something. is this white house just trying to change the dynamic to get the wheels turning? >> i think it's not just donors. it's regular voters. a lot of the voters who are trump supporters. the difference is trump is winning the argument with a lot of them. they are doubling down their blame on republicans which i don't think is entirely unfair. the effort by trump. he is not a conservative. he is a populist. the idea he is recommending to the senate that they need

nicole: mitch mcconnell has said there's no russian plan to take their time to get it right. cheryl: former acting attorney general sally yates is on capitol hill today to testify in russia's 10 tonight on the 2016th presidential election. she blew former national security adviser michael flynn was compromised. gates told the white house lynn was not forthcoming to vice president is about contacts with the russian ambassador during the transition. president trump fire sector should refuse to defend his original tribal band. you can see key testimony live here on fox business network. nicole: global market action of the night action of the night. the nikkei's close. they had holiday last week. the five day weekend and is the nearly one point ip or hide closed higher by 2.3%. hong kong hang seng apostle 1%. chris kospi at 2.4%. shanghai composite index down three quarters of 1% despite good numbers on exports from china. cheryl: look of course look of course eight u.s. markets on the heels of the victory and france by emanuel macron. the ftse barely higher right now. the french

senate majority leader mitch mcconnell told bloomberg the administration must get his policy programs. sen. mcconnell: i read the washington post story and read general mcmasters response, which refutes the story -- rebuts the story. i think we can do with a little less drama from the white house on a lot of things, so that we can focus on our agenda, which , andregulation, tax reform repealing and replacing obamacare. >> first and foremost, a lot of attention right now on who the president will select to replace now former fbi director james comey. have you spoken with the president about this, and who would you recommend? sen. mcconnell:. i have i recommended merrick garland. may surprise people, but he has a deep background in criminal law, he was the prosecutor in oklahoma city bombing case. i think that would make it clear that president trump will continue the tradition of having an apolitical professional. >> you thinking he need democratic support on whoever he picks to legitimize the nominee? sen. mcconnell: it would be good to have democratic support. i think if he picks som

mitch mcconnell made it clear he wants a score on the bill.e focusing specifically on concerns about pre-existing conditions. we know that they won't go for anything that defines planned parenthood. >> guest: how much of that is about politics and whose seats are coming up? , just about the midterm election. >> i think it's always a factor, there's a lot of senators up and they will have a lot more to deal with, the republicans in districts that went for hillary clinton like all over californ california. i think there's a lot of posturing but there's a lot of senators who have made it clear throughout the process to go back to susan collins and lisa murkowski mike cassidy, where their concerns are with pre-existing conditions and medicaid. harris: at the pre-existing conditions are long and there's a lot of things that are loud and they will be the by state and it will vary. there's a lot of misinformation out there when you read this bill. why are republicans doing a better job of messaging. >> because we don't have a very strong messaging st

mitch mcconnell announce announcing a confirmation is expected at 5:15 p.m. [background sounds] [background sounds] [background sounds] [background sounds] [background sounds] [background sounds] [background sounds] [background sounds] >> this is the scene outside the white house on this tuesday afternoon. the president is expecting the arrival of the turkish president in just a couple of minutes. we will watch his entourage drive up in just a moment. the president and the turkish president do have a scheduled news conference that will take place in about 20 minutes around 1:00 p.m. we are planning live coverage. we will have that on c-span2. later in the week, the full senate is expected to attend a secure briefing talking about the recent firing of fbi director james comey. that is expected to take place thursday. if there are any remarks "after words" we plan to bring them to you on the c-span network. hr mcmaster held a briefing this morning and answered questions about trump's meeting with the russian ambassador and intelligence information. we do have t

>> most of all, it was a react to mitch mcconnell saying that there should be less drama out of the white. mr. mcconnell -- >> neil: did you just open up the rift here? >> look, you know, mitch mcconnell has been very clear that it's going to be hard to get tax reform done. he doesn't have the votes to do what it is that the white house wants to do. they also don't have the votes on healthcare right now. i do think it's a back and forth between mitch mcconnell and the president that we're starting to see. >> neil: what do you think of that? it's not the first time that those at the same party are at each other's throats. jimmy carter does not get along with tip o'neal. this is what they played against each other. what do you think? >> republicans have -- are having the nancy pelosi moment. have to pass it to see what is in it. there's a lot of discord in the republican party on tax reform and healthcare. tax cuts are fine but the republicans want tax reform. we have to think about a bigger and broader picture. that's where there's a real disconnect with republicans in the house and the se

david: that of course the wrong cut your data senator mitch mcconnell.et's see if we can get the clip of vladimir putin speaking at a hockey game in sochi today. >> how will the firing of james comey affect you? putin: there will be no effect. your question is very funny to me. we have nothing to do with the. trump is acting in accordance with his confidence and his laws, the constitution. what about us? why we? david: vladimir putin thing at the end he is going to play some hockey. i think there is concern about to theppens investigation underway that the fbi is conducting. is more pressure placed on congress? congress needse to play a supervisory role here. obviously, partisan politics are going to figure in that it i think there is a law enforcement process that needs to be locked down here remember, after cox,ard nixon fired they sealed the door to his office and got his record spirit we need to find out if that will happen here. will the career civil servant in the fbi keep their hands on the tiller and proceed, or is there going to be more interfer

mitch mcconnell has his work cut out for him. he can't lose many republican senators on this. >> reporter: that's right. i mean, the last couple of months we've been talking about, well, house speaker paul ryan could lose 21 votes, 22 votes, and still get the bill through house. in the senate, the margin is a lot smaller. they need 51 senate republicans vote for this. and assuming that senate democrats are not going to get behind this bill, and i think that they have been closely watching everything that has been going on across the building in the house and figuring out what are the issues that are going to be hang-ups for us and how are constituents going to be responding to this. remember, lawmakers left town yesterday, at least in the house, and now they are going to confront a lot of town halls back in their home states and back in their home districts. and hearing from their constituents on what just went down this week in the house and whether they are going to be happy with the bill that doesn't have a cbo score and that

alix: that was kevin with mitch mcconnell. also still with his steward.ay from it? stewart: one of the key things and this is an true throughout the year, some of these things such as health care which don't necessarily have rod market impact and the become market driving because there implications for tax reform. i look at the week where there thepotential passage of bill, which ended up being withdrawn. that was not a market factor or did not have any consequence until tuesday of that week. throughout that entire week, it was the thing driving markets higher and lower. the s&p was rallying and declining on that. alix: we are getting some hard data right now. it is up by 1%. a big upside. we had margins slightly lower. it increased .4%. month on month, industrial production rose 1%. manufacturing production is picking up as well. this is solid. this is solid compared to some of the softer data we started to see. stewart: cpi was disappointing. retail sales as far as the control group data was disappointing. some of the revisions were positive. now we see

senate majority leader mitch mcconnell saying the gop wants tax reform.going out to be revenue neutral to get through the senate. let me start with you, steve cortez. the republicans with no political will. mitch mcconnell saying my man, we could score these things through dynamic scoring, but they must be revenue neutral. is he mixing the point? >> he's completely missing the point. he is missing the point of donald trump which is blue-collar workers in the midwest who have not had a pay raise in decades. they don't care about near-term deficits. the only way we can't possibly get out of the debt situation we are in through spending cuts. simply not enough because no one will touch entitlement. tradeport they want tax reform, they've got to get through the lower threshold. to avoid a filibuster. >> it is not to be permanent. but permanent anyway in washington d.c. they can do if they won both in the only way long-term is if mitch mcconnemcconne ll is serious about that is if we really start growing again. we're not going to do that until they get washing

but mitch mcconnell is against that.iation, they don't need that. >> shepard: but mitch mcconnell says they don't have the votes. they need to get to 50. they don't have it. the president doesn't understand any of that. that needs to be made clear. am i misreading this? >> there needs to be more communication between the white house and the people trying to get the bills through and the people on the hill trying to get the bills through. there's a real lack of communication and republican senators and lawmakers have admitted they're not sure who to talk to talk to on specific policy items on tax reform and healthcare. it's a big problem. >> shepard: healthcare repeal and replace is the number one thing going on for half a decade, maybe longer than that. they voted to repeal obamacare more than 50 times. then it comes around time to get something done. they can't get everybody quite together on the republican side. the moderates are here and the more conservatives are over here. the president doesn't seem to even understa

so even with the leadership like mitch mcconnell that is a cross-section of the caucus. but missing from the group biztha moderates which gives some indication.ol >> host: they're having those discussions and the uproar last week over the firing of director comey does that impact the health care time line or the debate this week?. >> i think it was distracting from what the senate was working on but there is the leastst disruption of all types of levels in washington. problem with that health care discussion is just starting but that the subject isn't going away anytime soon with newtwant a s pointy and they want to appoint a special prosecutorth and how clogged of things get. >> host: caitlin owens is with us from axios. a reporter from the national journal and is with us with rule at axios the independent line good morning. g >> caller: when president obama said you can keep your health care he did not say it had to keep you or your doctor had to keep you. and the representatives took away the subsidies. if we keep blaming this guyith n that he deals with so why is it

is there some reason to think that senate majority leader mitch mcconnell will support the legislation and it will be driven through to passage in senate and house. >> if i have anything to do with it it will. lou: i am asking for your judgment about mitch mcconnell, the leadership in both houses. >> i truly do. i tell you from people who vote in alabama, and voted for trump in the nation, they take his promises seriously, they are expecting us and congress to help facilitate that agenda. lou: i hope everyone in the republican party in both houses agrees with you. >> thank you. lou: senator luther strange. >> vote in our poll tonight, do you believe we're now engaged in a struggle against the left, the dems and the establishment for the soul of this nation? cast your slow th vote on twitter we would like to hear from you, like me on facebook and instagram. on wall street today, stock prices moving lower, a sell-off on wall street, the dow plunged 372 points, s&p down 43, nasdaq down 160. and most analysts blaming all of the controversy in washington d.c. today. that controversy had bee

kevin cirilli sat down with senate majority leader mitch mcconnell.esident is proposing a massive tax cut. seemingly, there could be some tension on visions. is there tension on the visions and what is the timeline? are you confident we could have comprehensive tax reform by the end of the year? mitch mcconnell it will have to : be revenue neutral. we have a $21 trillion debt. kevin: a lot of money. mitch mcconnell yeah. : we had a tremendous amount of debt during the obama years, so we will have to be revenue neutral. i don't want to put a strict timeline on it. last time tax reform was done it took several years, but we want certainly to try to complete it this congress. we want to make america more competitive. that is what it is about. we did not have one year of 3% growth during all of obama. kevin: one of the most controversial issues of tax reform has been the border adjustment tax. i have spoken to a lot of senators who seem against it. what is the chance of this being involved in all of this? mitch mcconnell it probably : would not pass the s

methodical is the preferred path for mitch mcconnell. to sort through the same policy that complicated the house debate, an old mcconnell sparring partner trying to rally democrats to put up a good fight. >> i hope that current members of congress recall that it actually doesn't take a lot of courage to aid those who are already powerful. already comfortable. already influential. but it does require some courage to champion the vulnerable. and the sick. and the infirm. i hope they understand the courage means not simply doing what is politically expedient, but doing what they believe deep in their hearts is right. >> former president obama accepting an award. the profile of courage award. he didn't say anything during the house debates. how influential is his voice? do democrats need his voice? will that matter? >> it adds another layer, but i don't know that it changes anything. i think you're right, i think democrats are fired up on their own. frankly they're looking for someone else to lead them at this point. but just by how this bil

>> mitch mcconnell has a very challenging task ahead of him. paul ryan had a lot more republican wiggle room in the house to get the vote through. mitch mcconnell can only lose two republican senators, and he is trying to re-craft the bill in a more politically palatable way, so yes to appease the moderate wing, pragmatic wing of the republican party, folks like susan collins romaine, rob portman from ohio in make sure the legislation does not displace too many people healthcare insurance plans. it also has to appease ted cruz, mike lee, rand paul wing of the party that market to be more conservative and not quite have as many benefits. so to get both sides appeased and willing to vote for another piece of legislation is going to be very difficult. >> jenna: challenging to say the least, but it has been done. we have seen it before, at least in the house. the senate is a new animal as you mention. if you look at the content of the bill that exists now and think about what potential changes could be made in the senate by the republican leadershi

the so-called filibuster mitch mcconnell saying absolutely not.t mean to the agenda in the congress now that the arteries are clogs with scandal investigations in congress. >>? >> it limits issues they can tackle and how they can tackle them. there are many things the republicans would like to do but can't because of the filibuster. they will love to weaken or eliminate dodd/frank which was the limits on wall street. in the financial industry, enacted under the obama administration. they would love to get rid of those rules or weaken those rules, and they can't. all they can do is pass what's called reconciliation bills which deal with taxes and spending. that means even though they are trying to deal with health care they can only deal with a tax and spending aspects of health care. which means the only thing they are bills can do is cut it back. cut taxes and cut spending on tax care. it's just less. it's the same obamacare it's just less of it. it's nottic mag anybody happier it's just taking away what people have. that's i think what is behind

the reason mitch mcconnell is talking about doing the same thing, no hearings, no amendments, it's because they'll be embarrassed by the similar product they'll come out with. >> can i gate word? >> please, yeah. >> speak to the ranking member of the budget committee. as you know on the reconciliation, the health committee is required to save at least $1 billion. it is very possible that the new bill does not meet that basic requirement because of the high risk pool and stabilization amendments that were added to the bill. it is possible that, in fact, that bill may cost the health committee some $28 billion rather than save a billion. and if that's the case, reconciliation is not a process they could use. >> it'll mean if that's true, we don't know yet, but there's a real possibility that it just doesn't meet reconciliation. the house has to come back with a new bill and vote again. doesn't work. >> under obamacare, there have been states with triple digit premium increases, many with high double digit increases, this can't all be attributed to the republican administration -- the democra

. >> reporter: but mitch mcconnell said that would impede the russia investigations that are already under way. he accused the other side of shedding crocodile tears for comey. >> our democratic colleagues complaining about t a fbi director whom they themselves repeatedly and sharply criticized. >> reporter: democrats do have a history of slamming comey over the handling of the clinton investigation. >> the fbi director has no credibility. >> reporter: but bob casey argues, it's the timing of comey's dismissal that's problematic. >> once the world knew that this investigation was under way, you can't fire the investigator in the middle of an investigation. >> reporter: several republicans agree. including the chair of the senate intelligence committee, richard burr. >> the timing and the reasons for the decision made little sense to me. and i don't think i've heard anything since last night that would clarify that in any way. >> reporter: he and his democratic counterpart, mark warner have now asked the now former fbi director to come before the committee next wednesday. >> i think c

mitch mcconnell agreed to issue invitation and did so on monday, said monday mr. accepted the invitation. reporting from the "wall street topic." on one candidate for f.b.i. trey goudy took himself out of the running, says needs director with impeccable credentials and one country.unite the he headed the u.s. compound in hillary cnton and democrats viewed as partisan opposed his ercely nomination n. terms of those in he running to lead the f.b.i., according to the reporting of ," mike all street journal" rogers, f.b.i. agent, senator confidant of the attorney general and michael garcia, in new york, former u.s. attorney. beth is in north carolina, line is open licans, it phones, beth, what do you want talk about? caller: just want to comment on both the "black and blue" and a wilmington, i just find it fascinating, there is a murder every night in wilmington, becoming the murder country.of the host: from wilmington. calabash is 40-minute drive to wilmington, an area with retirees, people have moved the north with big equity and can live very inexpensively down her

his chairman is mitch mcconnell and to a lesser extent paul ryan and their judgment will be key intoummer and fall. in a business, if you had saying untruths, he would be expected to correct them. the board would be wielding pressure on the ceo to apologize and change course. that's not happening here and it seems like there is a change in washington where there is a presumption that mitch mcconnell will do more or needs to do more. no question there is a need to do more. i was in washington last night and taking the temperature of people and i think there is a sense of disbelief that permeates over the city. which interesting is how people are still at the i can't believe stage and that includes a large coterie of republicans. they are at the point where it's time to move into action and ramp up the pressure just to hold the discipline of the office and protect their legislative agen and protect them selves heading into 28. david: thank you so mh for joining us. grab a copy of bloomberg business week tomorrow. let's get a check of latin american markets. julie: we have to talk about

>> mitch mcconnell says no, he hasn't lost confidence in president trump. this comes after today's white house scramble to contain the political damage from "the washington post" report that the president revealed highly classified information to the russian foreign minister and ambassador area earlier kevin cirilli sat down with mcconnell, who weighed in on the story. sen. mcconnell: i read "the washington post" story and general mcmaster's response, which tends to rebut the story. i think we could do with a little less drama from the white house on a lot of things, so that we can focus on our agenda, which is the regulations, tax or form, repealing and replacing obamacare. kevin: i want to talk about that, but first and foremost a lot of attention right now on who the president will be electing to replace james comey. have you spoken to the president about this question mark sen. -- toell: i have -- have the president about this? have.cconnell: i i recommended merrick garland. i think it would make it clear that president trump would make it clear of cont

>> i honestly think mitch mcconnell is going to push this off as long as he possibly can because he'snow what just passed the house is absolutely political suicide. and it makes no sense either, because the first bill that they tried to pass and failed to, they actually took back and made worse and crueller and worked to kick more people off of health care and that somehow passed the house. so i think you're going to see a long process unfold here. i'm highly doubtful that they're actually able to come together and pass anything, because it's just a disaster for them politically. >> robert, senate majority leader mitch mcconnell said he wants to wait for the cbo score before moving forward at all on this. did house members really walk the plank on this by voting without having that bipartisan effort and research to vote with? >> yes, absolutely. what the house did was look out for their own best interests. they wanted to actually do this so they can put a notch on the tree. they really don't care what the senate thinks about this. i think what's going to happen is they're probably ove

mitch mcconnell talking to bloomberg.the republicans around trump want to get on with the legislative agenda, so we are waiting to see clues into how much they are still behind him with that in mind. let us put out the risk radar. manus, you have been talking about where we are in europe futures, and they point down by .5%. the msci asia-pacific is down by .3%. we have dollar-yen as well to show money. classic safe haven play. the yen is on the rise. the dollar is down, but not just today. there is an ongoing debate. how much is this about weaker data out of the u.s.? manus: we will put that point to alan higgins as well. we have a nice monitor as to how much discussion there is on impeachment. money going into gold, you have a double booster gold. the softer dollar down. the classic haven trade, bullion up for a fifth straight day. money also flowing into 10 year government bonds, so you are seeing that shift. , treasury that classic haven -- treasury, that classic haven. that would be by november. upon the ability of a