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Nov 1, 2018
11/18
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mulvaney: yes and i'm still one of them. i think the fact that the president the united states told the cabinet in a closed door meeting, after the cameras left and the doors closed, the last two budget cycles, the president turned to me and said tell us about the budget. he talked for 25 minutes and spending was the sole thing he talked about. the president understands what spending is doing to the deficit and he wants to do something about it. there is a fiscal hawk and the deficit hawk in washington, d.c. and it is president trump. so much to mick mulvaney, director of the office of management and budget. coming up, douglas holtz-eakin joins us for what we just heard from mick mulvaney. that is next. this is bloomberg. ♪ david: this is "balance of power" on bloomberg television. we turn to mark crumpton for first word news. mark: less than a week after the massacre at a pittsburgh synagogue, watchdog groups say websites and online forums favored i extremist are full of anti-semitic and racist messages. officials say the v
mulvaney: yes and i'm still one of them. i think the fact that the president the united states told the cabinet in a closed door meeting, after the cameras left and the doors closed, the last two budget cycles, the president turned to me and said tell us about the budget. he talked for 25 minutes and spending was the sole thing he talked about. the president understands what spending is doing to the deficit and he wants to do something about it. there is a fiscal hawk and the deficit hawk in...
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Nov 14, 2018
11/18
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doesn't forget about mick mulvaney. >> is he a sycophant? >> yes and no. he plays two different roles depending on who he's serving. he pushes back to kind of show that maybe he would be a good leader in situations where a good decision has to be made. >> you previously said that you suspect that ayers may be the one that wrote that anonymous "new york times" op-ed. i am part of the resistance inside the trump administration. if he is under consideration, clearly the administration doesn't think he's part of the resistance. you still think he wrote the op-ed? >> i still believe that the language was very consistent with some of the memos that he wrote while i was there and some of the e-mails. and one of the things i think is really interesting is there's been rumors they've identified who the anonymous writer was, but the white house has been very, very quiet about it because of how high level that person is supposed to have been. >> you think it might be general kelly or someone of that level? >> i haven't found out who it is, but i understand from my so
doesn't forget about mick mulvaney. >> is he a sycophant? >> yes and no. he plays two different roles depending on who he's serving. he pushes back to kind of show that maybe he would be a good leader in situations where a good decision has to be made. >> you previously said that you suspect that ayers may be the one that wrote that anonymous "new york times" op-ed. i am part of the resistance inside the trump administration. if he is under consideration, clearly the...
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Nov 2, 2018
11/18
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employers added 250,000 jobs last month with the unemployment rate remaining at 3.7%, mick mulvaney and kevin hassett briefly reacted to the october numbers this morning at the white house. >> what is the take away from this? >> i think the high point is we got wage growth the highs get aen in a decade, and we have $250,000 job number, and we are seeing people reconnecting into the labor force in droves. since president trump was elected, 1.3 million people who were out of the labor force, who were disconnected from work have reconnected and of gotten jobs. point, it is hard to find one. when you see sustained growth like this and job market this tight, and wages this -- and wages up this much, you would expect to see inflation rise, but you have not seen it. this is what a supply side, blooming economy looks like -- booming economy looks like. it is a de-inflationary pressure that keeps goods on the bright side. >> real wage growth is a little bit below productivity growth, so when you have productivity growth,igger than wage you can have it not be inflationary. >> four days until the
employers added 250,000 jobs last month with the unemployment rate remaining at 3.7%, mick mulvaney and kevin hassett briefly reacted to the october numbers this morning at the white house. >> what is the take away from this? >> i think the high point is we got wage growth the highs get aen in a decade, and we have $250,000 job number, and we are seeing people reconnecting into the labor force in droves. since president trump was elected, 1.3 million people who were out of the labor...
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Nov 2, 2018
11/18
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mulvaney. >> does that cut social security or medicare? >> it will not. it will not. i just want to correct -- i try to do this to correct the record, i've been trying for months, nobody wants to pick it up. in an interview in new york a while back there was some confusi confusion. the interviewer who is a very bright lady and a friend of mine, she was referring to the two big entitlements. i was referring to the remnants of obamacare. i said, that's where we're going to go, that's where we're going to go. we got tangled up. no, we have no plans to touch the large entitlements. we do have plans, however, to erase remnants of obamacare and provide more market-oriented, incentive-oriented healthcare. >> you've been in the everybody is testify movement for decades, that's been a project for conservatives, trying to pull back long-term federal spending on social security and medicare. now you're saying a republican president won't touch them? >> that's correct. that's his view at the present time and, you know, i think you described it aptly. look, president trump is a gr
mulvaney. >> does that cut social security or medicare? >> it will not. it will not. i just want to correct -- i try to do this to correct the record, i've been trying for months, nobody wants to pick it up. in an interview in new york a while back there was some confusi confusion. the interviewer who is a very bright lady and a friend of mine, she was referring to the two big entitlements. i was referring to the remnants of obamacare. i said, that's where we're going to go, that's...
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Nov 1, 2018
11/18
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. >> mick mulvaney -- lady told bloomberg television nothing could be further from the truth. progress. all made the japanese signed a deal with the koreans. the president is pro-trade but he wants to do it on terms that are fair to u.s. businesses. he had a good conversation with the chinese this morning. friends and family of the slain journalist are calling for at least a part of his body to be returned. the chief prosecutor said the washington post columnist was strangled immediately after he entered the consulate on october 2 to collect a document he needed to marry his fiancee. they say his body was dismembered and moved on the consulate and the killing was premeditated. the u.s. says turkey schelling of kurdish fighters in syria is putting american troops at risk. a state department spokesperson says the u.s. has been in touch militiakey and a syrian to emphasize the need to deescalate situation. everyone has dismissed the that this concern could weaken the battle against the islamic state in syria. powered by more than 2700 journalists and analysts in over 120 countrie
. >> mick mulvaney -- lady told bloomberg television nothing could be further from the truth. progress. all made the japanese signed a deal with the koreans. the president is pro-trade but he wants to do it on terms that are fair to u.s. businesses. he had a good conversation with the chinese this morning. friends and family of the slain journalist are calling for at least a part of his body to be returned. the chief prosecutor said the washington post columnist was strangled immediately...
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Nov 2, 2018
11/18
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next hour joining us will be director mick mulvaney having reaction to all that at 10:30 a.m. eastern time one hour from now. president trump and former president obama both hitting florida ahead of the mid-terms. why the races there are seen a bellwethers for 2020. >> you can vote and you can vote. everybody gets a vote. >> bill: the a-listers are coming out and spreading across the country with a certain message for certain candidates. the governor race in georgia is pulling star power. will it matter? >> i would like to remind stacey and oprah and will ferrell i'm kind of a big deal, too. for strength and energy! whoo-hoo! great-tasting ensure. with nine grams of protein and twenty-six vitamins and minerals. ensure. now up to 30 grams of protein for strength and energy! mitzi: psoriatic arthritis tries to get in my way? watch me. ( ♪ ) mike: i've tried lots of things for my joint pain. now? watch me. ( ♪ ) joni: think i'd give up showing these guys how it's done? please. real people with active psoriatic arthritis are changing the way they fight it. they're moving forward w
next hour joining us will be director mick mulvaney having reaction to all that at 10:30 a.m. eastern time one hour from now. president trump and former president obama both hitting florida ahead of the mid-terms. why the races there are seen a bellwethers for 2020. >> you can vote and you can vote. everybody gets a vote. >> bill: the a-listers are coming out and spreading across the country with a certain message for certain candidates. the governor race in georgia is pulling star...
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Nov 18, 2018
11/18
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. >> ninan: the president reveals he will deliver his written responses to mick mulvaney's questions next week, but will they meet face to face? >> we haveev
. >> ninan: the president reveals he will deliver his written responses to mick mulvaney's questions next week, but will they meet face to face? >> we haveev
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Nov 3, 2018
11/18
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i asked mulvaney to do it. why not? he is the head of omb. there should be no leadership in the white house? on fixing this? he walked away from it. what he wanted to do, what the president's head of omb wanted to do was raise the age to 70. i said good luck to the oilfield worker who has been working his whole life, knowing he has to work until 70 to get social security. that was his plan. [applause] rep. cramer: first of all, this is the first time you have brought up a possible solution because i have been raising the solution and have been recognized for it nationally because i am a republican. this is an issue where the president and i have publicly disagreed. we have to deal with it, and the sooner we deal with it, the smaller the fix will have to be. if we wait until it is automatic it is a 25% cut. i am more than happy to work across the aisle. i will put everything on the table. if you say this is a nonstarter, then you never start. we have to deal with this. sen. heitkamp: i will not put everything on the table. i will not get on th
i asked mulvaney to do it. why not? he is the head of omb. there should be no leadership in the white house? on fixing this? he walked away from it. what he wanted to do, what the president's head of omb wanted to do was raise the age to 70. i said good luck to the oilfield worker who has been working his whole life, knowing he has to work until 70 to get social security. that was his plan. [applause] rep. cramer: first of all, this is the first time you have brought up a possible solution...
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Nov 1, 2018
11/18
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mulvaney: i don't know if you can drop direct correlation between trade with china and the
mulvaney: i don't know if you can drop direct correlation between trade with china and the
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Nov 18, 2018
11/18
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. >> ninan: the president reveals he will deliver his written responses to mick mulvaney's questions next week, but will they meet face to face? >> we haven't even talked about it. >> ninan: the f.b.i. investigates an american woman's mysterious death ship. did she fall or was she pushed? and they are at america's doorstep seeking asylum. will they be allowed in. >> reporter: you think your life is in danger. >> yes. >> ninan: good evening. i'm reena ninan. president trump saw for himself today the devastation left behind by the worst wildfire in california's history. the president visited a burned out mobile home park in the town of paradise. at another stop mr. trump told california's governor and governor-elect, congress is considering a new farm bill that includes half a billion dollars for forest management. the president believes poor forest management has contributeed to the intensity of california's fires. the camp fire in northern california has killed at least 71 people. it's unclear how many of the thousand unaccounted for have died. here's meg oliver. >> to see what's hap
. >> ninan: the president reveals he will deliver his written responses to mick mulvaney's questions next week, but will they meet face to face? >> we haven't even talked about it. >> ninan: the f.b.i. investigates an american woman's mysterious death ship. did she fall or was she pushed? and they are at america's doorstep seeking asylum. will they be allowed in. >> reporter: you think your life is in danger. >> yes. >> ninan: good evening. i'm reena ninan....
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Nov 5, 2018
11/18
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when people in the bush administration specifically met mulvaney in south carolina who have no use for, nick mulvaney is trying to change the war in effect we be denying the people the benefit they're entitled to get i met with john stuart and i had a news conference and also with karen malone, we give you the administration on that so i'm independent with her it was bush administration. whether it's obama administration, i was disappointed they gave us no support in saudi arabia and president obama signed a bigger arms deal with saudi arabia we should keep this a nonpartisan discussion. on my record, i'm with the president. i certainly voted for him over hillary clinton, i'll be voting for over isaac i assume elizabeth warren in 2020 . >> people don't thinkabout from when there deciding their vote . >>. >> you want them thinking about trouble when they go in there? >> think of donald trump and ms 13, think of him one isis . as far as other issues, both for me. >> these questions for you. >> please everybody. we're not here to get all my if we keep doing this.we saw in another district
when people in the bush administration specifically met mulvaney in south carolina who have no use for, nick mulvaney is trying to change the war in effect we be denying the people the benefit they're entitled to get i met with john stuart and i had a news conference and also with karen malone, we give you the administration on that so i'm independent with her it was bush administration. whether it's obama administration, i was disappointed they gave us no support in saudi arabia and president...
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Nov 13, 2018
11/18
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guest: mick mulvaney was the head of -- for president trump. he put forth a immensely insightful budget and it was ignored by everybody. by -- theyst went are a group on to themselves. for many reasons. defense spending, increased a mistake and welfare spending. others said we like the programs, why are you spending more, to the trump administration. it is truly a disappointing issue. when i was there, we actually balanced the budget. wills hard, but it took power from john kasich and newt gingrich who basically told the appropriators, you will chair the committee but only if you agree that we will cut spending. host: do you think we will balance the budget again? guest: i think it will take a long time and a political effort to gain consensus from the congressional areas spending i talked about. even more, what to do with entitlements. clear, i trump made it will not touch social security and medicare. that means you have to look at other entitlements. farm spending, food stamps, and the welfare part of entitlement programs. host: good morning
guest: mick mulvaney was the head of -- for president trump. he put forth a immensely insightful budget and it was ignored by everybody. by -- theyst went are a group on to themselves. for many reasons. defense spending, increased a mistake and welfare spending. others said we like the programs, why are you spending more, to the trump administration. it is truly a disappointing issue. when i was there, we actually balanced the budget. wills hard, but it took power from john kasich and newt...
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Nov 13, 2018
11/18
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mick mulvaney was the head of the omb for president trump and he fourth a tremendously insightful budget that started to whittle away at the wastespe could, and it was ignored by everybody, it appears. and congress just went about its habits that had been inherited from democrats, republicans. as i said, appropriators are kind of a group unto themselves. they did it for various reasons. some of the conservative members said, we want to have defense spending increase, so we'll cut a deal with the liberals and increase domestic spending and welfare spending. others said, we like these programs. why aren't you spending more to the trump administration and it's truly a disappointing issue. when i was there in the '90s, we actually balanced the budget. and it was hard, but it took willpower from john kasich and newt gingrich, who basically told the appropriators, you're going to chair this committee, but only if you agree to -- with us that we're going to cut spending. >> do you think we'll see a pla balanced budget again? >> i think it will take a long time and it will take a political effor
mick mulvaney was the head of the omb for president trump and he fourth a tremendously insightful budget that started to whittle away at the wastespe could, and it was ignored by everybody, it appears. and congress just went about its habits that had been inherited from democrats, republicans. as i said, appropriators are kind of a group unto themselves. they did it for various reasons. some of the conservative members said, we want to have defense spending increase, so we'll cut a deal with...
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Nov 7, 2018
11/18
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mulvaney has done. >> it sound like you to will be butting heads. >> i think that he is going to >> i that he is going to come to understand that he cannot just summarily dismiss the advisory committee. that is not going to work. this diverse group of people who were there to have that bureau carry out the mandate of the reforms that would put in place, it is extremely important. additionally, it has been very successful. under another, he returned to $12 billion or more to 30 million consumers. they took care of over 1,000,000.3 complaints that came into the bureau. a clearll clearly be part of your tenure. presidentlso pressed trump on a host of different issues including his financial dealings with deutsche bank. gavel of thee house financial services committee, will you issue subpoenas and go after the tax returns? will you try to get more information about deutsche bank as well? the first thing we have to understand is that in this committee we have a lot of issues and concerns and i am not just focused on the president and dealing with some of the concerns about deutsche bank an
mulvaney has done. >> it sound like you to will be butting heads. >> i think that he is going to >> i that he is going to come to understand that he cannot just summarily dismiss the advisory committee. that is not going to work. this diverse group of people who were there to have that bureau carry out the mandate of the reforms that would put in place, it is extremely important. additionally, it has been very successful. under another, he returned to $12 billion or more to 30...
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Nov 1, 2018
11/18
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we will put out our budget, mick mulvaney and so forth. i don't want to give away the family jewels, but 3% is good number to think about. people said it couldn't be done. >> you're the-- >> one of the -- let's pause for a second, robert. i know there's a lot of political stories out there. >> we're talking the economy. >> i know. and you've gotten very good at it, really. i've known him for years and i'm impressed. >> okay, thank you. [applause] >> back to the questions. >> back to the questions. i believe the biggest story in 2018 is an economic boom that almost everyone said would be impossib impossible. >> how are you going to bolster wages though? there's still some nerves about that. >> just, let me just tagline that last one because there's a million political events and i understand that and some are more important than others, but here is -- and i owe this to "the washington post," excellent reporting -- a couple of factoids i just met the woman. >> heather long. >> heather long wrote a fabulous piece a while back, front page abou
we will put out our budget, mick mulvaney and so forth. i don't want to give away the family jewels, but 3% is good number to think about. people said it couldn't be done. >> you're the-- >> one of the -- let's pause for a second, robert. i know there's a lot of political stories out there. >> we're talking the economy. >> i know. and you've gotten very good at it, really. i've known him for years and i'm impressed. >> okay, thank you. [applause] >> back to...
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Nov 9, 2018
11/18
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you think about the regulation -- de-regulation under mick mulvaney. he has been leading a tremendous effort to reduce the regulations put in place by the obama administration. from a pure economic point of associatet of people surprise side economics purely with tax cuts, but the more accurate way of thinking about supply side economics is to consider things like how de -regulation is a pure supply side benefit. when you lower the cost of firms you make them more globally competitive and you get a twofer, essentially growth and non-inflationary -- in a noninflationary way. unleashing the energy sector and on coal is in the same spirit of the beneficial supply side affect, where you get your manufacturers more competitive globally and put more purchasing power in the hands of american consumers so you get that benefit. tariffs. aluminum what has that done? what it has not done is the gloom and doom of the traditional economics profession where tariffs are bad. what they have done in this case, from the day one when they were announced, we saw a flood o
you think about the regulation -- de-regulation under mick mulvaney. he has been leading a tremendous effort to reduce the regulations put in place by the obama administration. from a pure economic point of associatet of people surprise side economics purely with tax cuts, but the more accurate way of thinking about supply side economics is to consider things like how de -regulation is a pure supply side benefit. when you lower the cost of firms you make them more globally competitive and you...
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Nov 14, 2018
11/18
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>> mick mulvaney, the budget director. he's not interested in it.what he may be interested in, if there's additional cabinet shake-ups, moving into one of those additional cabinet positions. >> what happened with this dust up with melania trump? what is going on here? do we know why this happened, if she is on her had way out? >> we know as you reported there was some tension on that trip with his foreign counsel. this is very much sort of striking a very strong tone also in the white house. i think she clashed with the first lady. i thought that treat twt president with, the statement from the first lady's office was something i've never seen. but it reminded me, do you know done reigan and nancy reagan, don't get in a fight with the first lady because you will lose. >> the president floated that he would be his own chief of staff. is that completely off the table now? >> he almost is his own chief of staff as it is now. that's sort of the challenges that general kelly has had the entire time is managing those information flows and keeping track of
>> mick mulvaney, the budget director. he's not interested in it.what he may be interested in, if there's additional cabinet shake-ups, moving into one of those additional cabinet positions. >> what happened with this dust up with melania trump? what is going on here? do we know why this happened, if she is on her had way out? >> we know as you reported there was some tension on that trip with his foreign counsel. this is very much sort of striking a very strong tone also in...
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Nov 13, 2018
11/18
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helps both the economy and national security think about the regulation under the fine director mulvaney to reduce regulations put in place by the obama administration. from the pure economic point of view a lot of people associate supply-side economics with him --dash with tax cuts but the other way to think about that is how d regulation is us at peer supply-side benefit and to make them more globally competitive and you get the two for that growth in the non- inflationary way which is the best kind of growth there is ending the war on coal is that same spirit of that beneficial supply-side effect where you get the manufacturers globally and more purchasing power in the hands of american consumers so you get that kind of benefit. steel and aluminum tariffs. what has that done? it is the traditional economics where tariffs are bad. in this case we saw capital equipment in that industry. day number one. aluminum 150 million-dollar investment day number one us steel and since that one time not just domestic companies but also foreign investment coming in to make steel and aluminum with am
helps both the economy and national security think about the regulation under the fine director mulvaney to reduce regulations put in place by the obama administration. from the pure economic point of view a lot of people associate supply-side economics with him --dash with tax cuts but the other way to think about that is how d regulation is us at peer supply-side benefit and to make them more globally competitive and you get the two for that growth in the non- inflationary way which is the...
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Nov 30, 2018
11/18
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. >> has nick mulvaney sent me a memo? but he called me on the phone and said here's the assignment, let's get to work on it. i talk to the folks at omb all the time. >> this gentleman here. >> yes, sir, a former marine public affairs officer and defense freelance writer. realizing there are many, what's your biggest acquisition challenge, be it military hardware, work with space command? what keeps you up at night worrying about acquisition for what area? >> that's good. there are multiple themes there. maybe i'll just kind of loosely kind of walk you through the number one -- so i always think of like, well, where are the big dollars? it's easy to chase in the department of defense a lot of shiny objects. the top of my list is sustainment for the f-35. so -- well, you know, so it's -- when you think of -- so that's one i've got more. you know, the second is -- and this goes back to the question of how do we transition as the systems we've built are more susceptible to cyber and other environmental changes. i think digita
. >> has nick mulvaney sent me a memo? but he called me on the phone and said here's the assignment, let's get to work on it. i talk to the folks at omb all the time. >> this gentleman here. >> yes, sir, a former marine public affairs officer and defense freelance writer. realizing there are many, what's your biggest acquisition challenge, be it military hardware, work with space command? what keeps you up at night worrying about acquisition for what area? >> that's...
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Nov 13, 2018
11/18
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mick mulvaney as well, head of the budget office here, and there could be a variety of others.nt, there is expected to be many more people coming and going, which is not uncommon at this point in a white house. it's halftime, if you will, of his first term in office. it's unclear how many will be coming and going. add john kelly to the list of people who aren't necessarily going to be here as long as the president once said. >> this is halftime, i would like to know what the halftime entertainment is. please report back. thank you so much. great to see you. >>> coming up, new details coming in about the killing of journalist jamal khashoggi. "the new york times" is reporting now an audio recording may link the saudi crown prince to his murder. that's next. ♪ ♪ ♪ ♪ your insurance rates skyrocket you could fix it with a pen. how about using that pen to sign up for new insurance instead? for drivers with accident forgiveness, liberty mutual won't raise their rates because of their first accident. switch and you could save $782 on home and auto insurance. call for a free quote toda
mick mulvaney as well, head of the budget office here, and there could be a variety of others.nt, there is expected to be many more people coming and going, which is not uncommon at this point in a white house. it's halftime, if you will, of his first term in office. it's unclear how many will be coming and going. add john kelly to the list of people who aren't necessarily going to be here as long as the president once said. >> this is halftime, i would like to know what the halftime...
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Nov 2, 2018
11/18
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you look at the deregulation that mick mulvaney at the office of management and budget is leading, this is in the language of ronald reagan, a pure supply side effect. a lot of people associate supply side economics strictly with tax cuts, but the more nuanced view of that in the economics profession is that when you have things like deregulation, what that does it's a two-for, it's a v virtues two-for because you make them more competitive abroad, it's done in a deflationary way yet you get growth. you get the kind of impetus to the economy that you love because you get the growth without the inflation. and the same thing is true for president trump's initiatives in terms of unleashing the energy sector, whether it's ending the war on coal or helping our natural gas and petroleum oil industry move forward. again, what that does is it makes our industries more competitive, at the same time that it puts money, more money, real purchasing power, in the pockets of consumers. so, again, all of this -- this is growth inducing and it contributes to strength in the manufacturing and defense in
you look at the deregulation that mick mulvaney at the office of management and budget is leading, this is in the language of ronald reagan, a pure supply side effect. a lot of people associate supply side economics strictly with tax cuts, but the more nuanced view of that in the economics profession is that when you have things like deregulation, what that does it's a two-for, it's a v virtues two-for because you make them more competitive abroad, it's done in a deflationary way yet you get...
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Nov 20, 2018
11/18
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i think there are individuals in the background, nick mulvaney is sitting there in the background whos a demeanor that's much more like donald trump than general kelly. >> you have these people who say come on into the white house, we need you here, would you even consider it? >> chris, i love this show so much, i could never leave. i'm going to do this until, you know, i'm gray and -- >> it's me, isn't it? >> he's too young and too handsome. rick, you and i, we may be italian but we need a little more to dress like that. i can't tell you how many guys say to me and even anthony scaramucci is honest about this, the idea everybody wants to work in the white house, it's not true. they have a really hard time in general under normal circumstances, it's hard to get people to take time off of their work, worry about their livelihood, cut their money and go in. but in this white house i don't know how much they talk to you about it, but they have a hard time getting talent and you just heard why. >> there are a lot of really talented people in that white house, some used to work for me. and
i think there are individuals in the background, nick mulvaney is sitting there in the background whos a demeanor that's much more like donald trump than general kelly. >> you have these people who say come on into the white house, we need you here, would you even consider it? >> chris, i love this show so much, i could never leave. i'm going to do this until, you know, i'm gray and -- >> it's me, isn't it? >> he's too young and too handsome. rick, you and i, we may be...
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Nov 14, 2018
11/18
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MSNBCW
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sides of the west wing, behind the people who would like that job, whether it's nick ayers or mick mulvaneyere's so much of this going on, problem with the interior secretary facing ethics proebes considerations about replacing him at some point. there's a lot of problems inside the west wing right now. >> but my question is, why the leaks all of a sudden? the three of us all talk to the white house. we know when operation chaos is underway, they're often looking to distract us. could this be that there are coming indictments in the next few days? the president would get the heads up. it seems odd that every which window in the white house is leaking information right now. >> i think it's probably two things. one, i think the midterm election didn't go as well as the president had hoped it would. yes, he was able to get some victory in the senate, but really in the house, obviously, we are learning more and more about this pblue wave as the races come in. and certainly, there's a lot of rumblings that robert mueller is going to be handing down indictments. that that kind of quiet period aro
sides of the west wing, behind the people who would like that job, whether it's nick ayers or mick mulvaneyere's so much of this going on, problem with the interior secretary facing ethics proebes considerations about replacing him at some point. there's a lot of problems inside the west wing right now. >> but my question is, why the leaks all of a sudden? the three of us all talk to the white house. we know when operation chaos is underway, they're often looking to distract us. could...
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Nov 15, 2018
11/18
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CSPAN3
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if you think about deregulation under one fine, fine omb director mick mulvaney who has been leading a tremendous effort to reduce the regulations that were put in place by the obama administration. and from a pure economic point of view, a lot of people associate supply economics, purely with tax cuts, but the more nuance sophisticated and accurate way of thinking about the supplies of the economic is to also consider things like how deregulation is a pure supply side benefit where you would lower the cost of firms you make them more globally competitive and you get a twofer there, which is essentially growth in a noninflationary way, which is the best kind of growth there is. unleashing the energy sector, ending the war on coal is in the same spirit of that kind of beneficial supply side effect where you get your manufacturers more competitive globally and you put more purchasing power in the hands of american consumers, so that you get that kind of benefit. aluminum tariffs, steel and aluminum tariffs. what has that done? what it hasn't done is the gloom and doom of the convention
if you think about deregulation under one fine, fine omb director mick mulvaney who has been leading a tremendous effort to reduce the regulations that were put in place by the obama administration. and from a pure economic point of view, a lot of people associate supply economics, purely with tax cuts, but the more nuance sophisticated and accurate way of thinking about the supplies of the economic is to also consider things like how deregulation is a pure supply side benefit where you would...
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Nov 28, 2018
11/18
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CSPAN2
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instead, this administration has spent the past year working to gut the cfpb under interim director mulvaney. they have frozen data collection of consumer complaints and undermined enforcement tools. they have slow walked enforcement actions and weakened protections for our service members and seniors. they have stripped the fair lending office of enforcement powers and closed the office of students and young consumers. miss kraninger supports all of these actions and all of these actions run contrary to the mission and to the purpose of the consumer financial protection bureau. this nominee is not a bipartisan professional with a proven record of financial enforcement. she is a politically driven choice who will dismantle protections for the men and women currently serving in our military and for our veterans, our students and seniors, and all american consumers. mr. president, i had the honor of serving on the dodd-frank conference committee where we finalized the strongest wall street reform bill in a generation and created the cfpb. i have spent the past decade qendzing -- defending the
instead, this administration has spent the past year working to gut the cfpb under interim director mulvaney. they have frozen data collection of consumer complaints and undermined enforcement tools. they have slow walked enforcement actions and weakened protections for our service members and seniors. they have stripped the fair lending office of enforcement powers and closed the office of students and young consumers. miss kraninger supports all of these actions and all of these actions run...
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Nov 29, 2018
11/18
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CSPAN2
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to this, and it appeared at the hearing that her main goal was to be a faithful disciple to mick mulvaney, the architect behind this administration's plan to destroy the cfpb from the inside out. and she will continue crippling its power to -- the power that is essential to protecting american consumers. the next director of the cfpb will be called upon to make a choice -- to stand aside and allow powerful special interests to call the shots in our country's financial system or to fight for families who want fair and affordable loans to buy cars, homes, or college education for their children or a bank account and credit card without costly fees or who are simply trying to make ends meet. kathy kraninger can't be relied upon to make the right choice, and she does not have my vote. so i encourage my colleagues to vote against this nomination. mr. president, thank you. i yield the floor -- or i notice the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: a senator: mr. president, are we in a quorum call? the presiding officer: yes, we are. ms. klobuchar:
to this, and it appeared at the hearing that her main goal was to be a faithful disciple to mick mulvaney, the architect behind this administration's plan to destroy the cfpb from the inside out. and she will continue crippling its power to -- the power that is essential to protecting american consumers. the next director of the cfpb will be called upon to make a choice -- to stand aside and allow powerful special interests to call the shots in our country's financial system or to fight for...
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Nov 8, 2018
11/18
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CNBC
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let me stop you for one second we're going to run out of time i want to come back to capex mick mulvaney come on and talk about the benefits of the tax reform to capex. so what are you citing is that so different from what they're citing and continually talk what about they believe will be an expended period of higher capex pending by corporate america vults of the ability to write that off in year one. >> you're posing that question to me? >> yes, i am. >> okay, so my answer is if i was a politician and working at the white house i'd be saying the same thing so i would have the rose-colored glasses on. but i'm not a politician so i can just come out with pure raw honesty that we had a couple of quarters of better cap x growth. third quarter data capex growth was flat the orders data are slowing down dramatically it's very clear to anybody looking at the numbers that the majority of the tax reform went into stock buybacks. we look at earnings per share not dollar earnings, earnings per share. when you take the share count down to an 18-year low, which is what's happened in this cycle, it
let me stop you for one second we're going to run out of time i want to come back to capex mick mulvaney come on and talk about the benefits of the tax reform to capex. so what are you citing is that so different from what they're citing and continually talk what about they believe will be an expended period of higher capex pending by corporate america vults of the ability to write that off in year one. >> you're posing that question to me? >> yes, i am. >> okay, so my answer...
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Nov 1, 2018
11/18
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BLOOMBERG
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now, david you right westin in sharp conversation with mick mulvaney.nk with us now. in six months, you and i have not looked at auctions in ages. is the fiscal debate going to mean something? >> it is unusual for bond supply to have a big effect on treasury bond yields. usually when there is economic weakness and we are borrowing and, risk averse activity, the supply is falling. this is a stronger economy, strengthening. we can debate how long that lasts, but we are adding to auction sizes and pressuring the bond market he comes the economy is holding up, the budget is getting larger, the fed is purchasing less bonds, so where seeing upward pressure on interest rates. that is rare in the treasury markets. it is important. it has made yields percent across all maturities, and it is want high reasons we quality bond portfolios where you can earn a real yield. francine: right. steve, thank you so much. , the carlsberg chief executive. we will talk about emerging markets and pricing. this is bloomberg. ♪ this is bloomberg. ♪ tom: good morning. i am tom kee
now, david you right westin in sharp conversation with mick mulvaney.nk with us now. in six months, you and i have not looked at auctions in ages. is the fiscal debate going to mean something? >> it is unusual for bond supply to have a big effect on treasury bond yields. usually when there is economic weakness and we are borrowing and, risk averse activity, the supply is falling. this is a stronger economy, strengthening. we can debate how long that lasts, but we are adding to auction...
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Nov 20, 2018
11/18
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FBC
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mick mulvaney will tell you, i heard him say this, that will help -- he's the budget director -- that would help pay down the deficit, would stop the deficits from gapping out wide, because you provide economic growth, earnings growth, tax growth, that basically puts a stop on how many bonds we have to sell to plug the deficit, thus if you -- less supply, prices go down -- excuse me, prices go up, interest rates go down. connell: debate between goldman sachs and the white house on all of this, because barney had larry kudlow on earlier asking about the goldman report which was fairly gloomy. one of the big reports we talked about is goldman is basically saying if those tariffs go from 10% to 25%, that's trouble. they said there's like i think a 30% risk of their downside scenario which would be s&p 500 end of next year, 2500. basically down from where it is now -- >> goldman sachs' economic department is very keynesian. they aren't supply side. connell: kudlow called it a partisan forecast. >> but they are very keynesian group. they are known to be that way. along the lines of wall st
mick mulvaney will tell you, i heard him say this, that will help -- he's the budget director -- that would help pay down the deficit, would stop the deficits from gapping out wide, because you provide economic growth, earnings growth, tax growth, that basically puts a stop on how many bonds we have to sell to plug the deficit, thus if you -- less supply, prices go down -- excuse me, prices go up, interest rates go down. connell: debate between goldman sachs and the white house on all of this,...
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Nov 7, 2018
11/18
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BLOOMBERG
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bad news for mick mulvaney if she gets the gavel because she is good to push for oversight.trying to figure out exactly what the midterms mean for business, the markets, and what it means for the trump agenda and whether he feels emboldened by this or whether it really just shows the divide -- rural divide. you make us smarter and no history -- know history. thisis the implication on for world leaders? is it on trade? i think the president doesn't feel that emboldened. think china is really the place you have to look out because they were the people watching this result closest from the rest of the world. there has always been this but in china between two groups of people. one group says it is all just trump. if we can deal with trump, we move on. another group saying, we think america has changed. america is necessarily certainly more worried about china and wants to contain us. what i think has happened this time is that there was not enough there for people to say trump was in difficulty. he will be fine. there isn't but to be a change which would alter that location. fr
bad news for mick mulvaney if she gets the gavel because she is good to push for oversight.trying to figure out exactly what the midterms mean for business, the markets, and what it means for the trump agenda and whether he feels emboldened by this or whether it really just shows the divide -- rural divide. you make us smarter and no history -- know history. thisis the implication on for world leaders? is it on trade? i think the president doesn't feel that emboldened. think china is really the...
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Nov 19, 2018
11/18
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FBC
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a budget guy, do you think it will be mick mulvaney. >> i like him a lot.e would be great. someone mentioned nick ahers. he's the vice president, chief of staff. i like him as well. maybe the fact that i said i like both those guys is the kiss of death for both of them. they'll probably call me later and say stop talking about me on tv. i like both those guys. >> your experience, i understand -- >> p.h.d. >> p.h.d., you wanted it to go longer than 11 days. >> i wanted to make it longer than a carton of milk. >> kelly has done a lot of good things there. >> name one. >> i don't think this is a glifn namgiven. >> name one good thing he's done. >> this is a white house that has remained faithful to the president's 2016 agenda and has gotten a lot done, when we think about judges and the tax cut. >> you're attributing that to john kelly or to the president? >> i would say both of them. i would say kelly deserves some credit here as the chief of staff. >> we'll see the aftermath of this whole thing, what really comes out. you read bob woodward's book, so did i.
a budget guy, do you think it will be mick mulvaney. >> i like him a lot.e would be great. someone mentioned nick ahers. he's the vice president, chief of staff. i like him as well. maybe the fact that i said i like both those guys is the kiss of death for both of them. they'll probably call me later and say stop talking about me on tv. i like both those guys. >> your experience, i understand -- >> p.h.d. >> p.h.d., you wanted it to go longer than 11 days. >> i...
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Nov 13, 2018
11/18
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CSPAN
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guest: mick mulvaney was the head of -- for president trump. he put forth a immensely insightful budget and it was ignored by everybody. by -- theyst went are a group on to themselves. for many reasons. defense spending, increased a mistake and welfare spending. others said we like the programs, why are you spending more, to the trump administration. it is truly a disappointing issue. when i was there, we actually balanced the budget. wills hard, but it took power from john kasich and newt gingrich who basically told the appropriators, you will chair the committee but only if you agree that we will cut spending. host: do you think we will balance the budget again? guest: i think it will take a long time and a political effort to gain consensus from the congressional areas spending i talked about. even more, what to do with entitlements. clear, i trump made it will not touch social security and medicare. that means you have to look at other entitlements. farm spending, food stamps, and the welfare part of entitlement programs. host: good morning
guest: mick mulvaney was the head of -- for president trump. he put forth a immensely insightful budget and it was ignored by everybody. by -- theyst went are a group on to themselves. for many reasons. defense spending, increased a mistake and welfare spending. others said we like the programs, why are you spending more, to the trump administration. it is truly a disappointing issue. when i was there, we actually balanced the budget. wills hard, but it took power from john kasich and newt...
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24
Nov 29, 2018
11/18
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CSPAN2
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eye 24
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mick mulvaney, he's been on the side of wall street. now we have to ask ourselves the nominee, kathy kraningerers, whose shied is thee on? we tried to get answers from her. in her job she oversaw the agencies that ripped children from their parents at the border. she was involved in that. we asked ms. kraninger to show us what her role was in that policy. she didn't defend t she just refused to respond. she came in front of the committee. she wanted this nomination, wanted to be confirmed, wanted this promotion and she would not even answer questions. she wouldn't respond to letters about her involvement. we then asked her whose side was she on after a devastating hurricane left millions of american citizens, american citizens don't forget, in puerto rico, without water, hospital, shelter, we asked her to show us who she was fighting for when the government failed to provide relief. she didn't try to defend her position. she didn't deny anything. she just refused to answer. again, she wants a promotion, she wanted a job. she refused to
mick mulvaney, he's been on the side of wall street. now we have to ask ourselves the nominee, kathy kraningerers, whose shied is thee on? we tried to get answers from her. in her job she oversaw the agencies that ripped children from their parents at the border. she was involved in that. we asked ms. kraninger to show us what her role was in that policy. she didn't defend t she just refused to respond. she came in front of the committee. she wanted this nomination, wanted to be confirmed,...
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Nov 2, 2018
11/18
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employers added 250,000 jobs last month with the unemployment rate remaining at 3.7%, mick mulvaney and kevin hassett briefly reacted to the october numbers this morning at the white house. >> what is the take away from this? >> i think the high point is we got wage growth the highs get aen in a decade, and we have $250,000 job number, and we are seeing people reconnecting into the labor force in droves. since president trump was elected, 1.3 million people who were out of the labor force, who were disconnected from work have reconnected and of gotten jobs. point, it is hard to find one. when you see sustained growth like this and job market this tight, and wages this -- and wages up this much, you would expect to see inflation rise, but you have not seen it. this is what a supply side, blooming economy looks like -- booming economy looks like. it is a de-inflationary pressure that keeps goods on the bright side. >> real wage growth is a little bit below productivity growth, so when you have productivity growth,igger than wage you can have it not be inflationary. >> four days until the
employers added 250,000 jobs last month with the unemployment rate remaining at 3.7%, mick mulvaney and kevin hassett briefly reacted to the october numbers this morning at the white house. >> what is the take away from this? >> i think the high point is we got wage growth the highs get aen in a decade, and we have $250,000 job number, and we are seeing people reconnecting into the labor force in droves. since president trump was elected, 1.3 million people who were out of the labor...