was to have a staffer of people who had worked for both nec and nsc in charge of the economic issuest staff level you had sbel grags. then in the george w. bush they el elevated that to the deputy assistian so this helps to sbel grate at staff level. it doesn't fully solve the problem but it's a useful step, and as ivo pointed out, mike pro man played the role strongly in the first obama administration. >> can i chime in. that is important issue raised. especially in an era ge yoe around the world china, others are using economics for geopolitical purposes. most secretaries of the treasury are not enthusiastic about involving their agency in the process. therefore don't come to those meetings unless their colleagues become interested in treasury issues. my experience was it was heard to get the secretary of the treasury over to the white house for issues for the reason i said. >> just to am fly what bob said, it is the question whether she show up. and at certain moment the invitation -- there's a lot of meetings they don't think their expertise is important so it gets downgraded to

he did announce and did create the national economic council, the nec which is parallel. for his first couple years it was parallel to the nsc because, bob rubin was a very strong and effective leader of that. thereafter it became somewhat less important but became a consequential entity. then george bush created the homeland security council and staff. so then you had these three and then, this was pooled, obama used to have visor but as ivo pointed out the staffs will merge. the biggest problem, there is a dilemma here because as a defender of the separate economic staff, ideally you would like to have everything under the national security advisor but historically, national security advisors have not responded adequately to the economic agenda. and because of that, the, it is tended to be neglected and it has moved to other people because there were driving forces in politics and in congress and industry, and that pushed it that way. so you had a, i think the biggest redundancy is this combination of a national economic council and a national trade council. obviously t

starting actually under clinton, is that the key person doing international economic affairs on the nec reported -- reports to in the nsc. mike ferman is one of the more stronger and powerful people in that position. both the deputy advisor under robe o own and a deputy in nsc and personal merged. that. one other point on temperment. the key characterishing in the national security adviser is someone who can create the trust within his cabinet counterparts, particularly the secretary of state and secretary of defense, they're views will be represented fairly on a day-to-bay, minute-to-minute basis to the president. the national security as vicar, just because of the nature of the job, sees the president every hour on the hour almost, and at the beginning of the day, and at the end of the day, and the secretary of state and the secretary of defense and everybody else needed to know their views are going to be presented fairly, openly, and they need to trust that. the moment that breaks down is the moment when the system breaks down and it happens -- i don't know whether it's two-thirds o

nec also ended lower. on a brighter note toshiba rose 9%. encouraged by media reports that it may have as much as $1.8 million. they're waiting on more details as trump begins his first full week in office. meanwhile stocks and currencies may fluctuate as some investors take a more cautious one. >> many benchmarks ended higher. shanghai was 0.4% and ending at a one month low. taiwan taiex closing at the highest since june 2015. tech companies lead the rally. shares rose after the company said it's thinking about building a factory in the united states. shares in singapore rose .4% to close at 3,025. that's after consumer prices in december for the first time in more than two years. president trump is taking immediate action to renegotiate u.s. trade arrangements. he is planning talks to overhaul the north american free trade agreement trump spoke about nafta at a swearing in ceremony at the white house. >> we're going to start negotiations having to do with naftta. we'll have a good result for mexico and the united states and everybody invol

podrÁ ego seguir en telemundo el viernes desde primera hora de la maÑana con un especial sobre cÓmo los neces en este paÍs. niÑo: me entregÓ este regalo. - pero esto es un ladrillo, hijo. ¡por dios! - esa fue mi manera de defenderme despuÉs de que Él me pegÓ. - hace dos aÑos a mi mamÁ la diagnosticaron con alzhÉimer. al igual que hace dos aÑos mi papÁ la contrata a ella a trabajar en nuestro negocio. - llegÓ a mi vida este bombon,

several dry days coming up over the nec week. 37 chilly degrees in liver more now.anta rosa, you are down to 38. concord, oakland, 33. san francisco, warm spot, 36. there is visual confirmation. nothing on the radar, but the sierra snow totals are crazy. 38 feet. 461 inches of snow. so far this winter in mount rose. boreal, 40 inches of snow. tahoe, 330 inches of snowfall at the summit. tomorrow, no snow. cold enough for you in santa rosa. watch out for freezing fog. napa, 32. fremont, 37. san jose, dropping down to 30s as well. the pattern is changing. simply, by returning a ridge of high pressure blocking some of the moisture sending it into different spots. the last storm is over southern nevada. in colorado by tomorrow morning. we have a blocking ridge. the storms are still coming. there are still storms out there. but absolutely positively, they are not aimed toward us anymore. blocked by that ridge. so, tomorrow, you get the sunshine. a little bit of morning cloud cover. we were talking 24 hours ago about the chance of a couple of light showers. thursday morni

computer and telco equipment maker nec plunging the most in six years as it slashes its product forecastt recliner on the nikkei 225. credit suisse says third quarter results for the company was surprisingly weak and approving targets will be difficult. attaching construction has performed well your today -- h -- we donstruction have key a motors following the most since 2010. suspects thes rebound in the first of this year will be difficult due to slowing demand not only at home but in the u.s. and australia. help dropping the most. it warns its drop in the market share will have a material impact. fortescue's metals rising 2.47%. rashaad: thank you. let's have a look at what is going on elsewhere. as look at some of the first word news. president trump is under attack from all sides today over his controversial travel ban. the acting u.s. attorney general says she will not allow the u.s. justice department to defend the order. says theachs boss order is something the bank cannot support while blackrock larry fink called for respect. the japanese prime minister is pushing back at white

nec alaed january 8 c e day w 24 degrees. 34 miles per hour wins to make up 7 more days 50 to 60% cloudne we bring it back for a day with warmer temperatures. allentown and reading 42 wilmin spin the osnding to see apart and the western side that is called substance and that ov gradual clearing a as well. in th hour sub here is your setup hour by hour as you go into your midweek wednesday. temperature goes to 50 at 11:00 in the morning and mid-50s in ti cousunset. what is happening we get a wedge of dry air, the 55 is like march warmth around here and then a cold frogh on thursday in the morning with a round ofight the lunch time hourturning sun in the aftnoon and the 30 miles per hour in the stays mild at 57 and the cold air lingers and lacks by a day and that starts to arrive here on friday. excluuweather seven-da 50s the nexts and tomorrow mostly raito start on thursday, and returning sun with the whipping winds in the afternoon and brisk and cooler on friday a high of just 43 and windchills in the 30s during the day on friday and into the upcoming weekend it's seasonable around 40 d

so he announced announced he would create national economic council, the nec. for the first couple of years it was parallel because bob was a strong and effective leader of that. thereafter it became somewhat less important but it was a consequential entity. when george bush created homeland security council and staff. so then you had those three. and then obama had the advisor but the staffs merge. the biggest problem is a dilemma because as a defender of the economic staff i would say ideally you'd like to have everything under the national security adviser but historically national security advisers have not responded adequately to the economic agenda. because of that and is tended to be neglected and has moved to other people. because of the driving forces in politics, congress, industry that pushed it. so i think the biggest redundancy is the combination he wants to revolutionize trade follow policy he will suggest it's going to be there one of these advisors and the other defers alternatively there's chaos. >> you mention it was important for the national

he is now the chief economic advisor to donald trump, the head of the nec. clayton, goldman's lawyer. he worked for sullivan and cromwell, but he represented goldman. anthony scaramucci, another x goldman-ite for now a principal trump adviser. there are at least five high-ranking people in the white house whoever relationship with coleman sachs. this is a company who he specifically denounced during the campaign. juan: i want to ask about russia. the the weekend, we had controversy wiwith john lewis saying he does not believe donald trump is legitimate president part because of the russian meddling. you raise the issue that americans are forgetting the u.s. role in meddling in internal russian politics in the past. >> people might want to look back at july 1996 at the cover of "time" magazine that said "yanks to the rescue." it was about how we sent american advisers over to save force yields and -- or seals and's campaign. i was there throughout that time in 1993. i know we had an enormous influence on russian politics, not just during election campaign, bu

the world because whether you're in kenya are malaysia or indonesia, you look at the united states nec silicon valley. you see people who are your age who are publishing anonymous things and creating the tools and you want to be like that. were able to take american entrepreneurs around the world through a process of the summit and brin that his son then put the u.s. government. the embassies use that as a tool for entrepreneurs. the entrepreneurs and channel the energy msn poker events and improving their own lives. having not affirmative basis to meet people and reformers is essential to the u.s. government. our programs are very good, but they're also very expensive. what we did to our young leaders initiative is use on my networks that now have several hundred thousand people in africa and southeast asia in modern america to use that as a pool of people that include the fellowship program to bring people here but also branded the way people in africa due. and talk to them in a way their own leaders didn't talk to them. most people became their own network so if the crisis took plac

. >>> los reyes, vienen los reyes >>> noticias con va nec vanessa >>> comenzamos con noticias telemundores de esta maÑana. el presidente electo donald trump prometiÓ hoy que hoy o maÑana revelarÁ todo lo que sabe de la supuesta intervenciÓn de rusia en las elecciones del paÍs y asegura q sabe muchas cosas quno saben sobre las acusaciones de moscÚ. el secretario de la prensa dijo que el presidente electo recibe reportes del equipo de seguridad y los servicioses inteligencia. informaciÓn a la que el resto de los estadounidenses no tiene acceso. - un poderoso sistema de tormentas golpeÓ el sur del paÍs dejando un saldo de 4 personas sin vida y 3 heridas en alabama cuando un Árbol cayÓ en una casa mÓvil. muchas personas quedaron sin electricidad el mal tiempo afectÓ mississippi, y 15 parroquias de louisia. > encontraron ileso al niÑo de 2 aÑos de edad quien habÍa sido raptado por su padre en la casa de es abuelos. cuando Él incendio la casa, y nadie resultÓ lesionado, y el sospechoso dicen huyÓ rumbo a mÉxico. caos en los aeropuertos del paÍs este lunes tras un fallo en el sistema de comput

gary cohn of the nec. >> mark fields behind. ford motor., manufacturing is not a big part of our country. >> by the way we have more manufacturing output now than we ever had. ever have. so it's not as though manufacturing has gone away. >> no. >> the dollar volume of it is larger than it's ever been. >> look, i'm not saying -- i'm saying this is part of what you need to get the corporate taxes lower. that's all i'm saying. i'm saying this is the give. you guys have got to give us this. and in return i am going to do nothing but fight for you on this lower tax. which is, again, the earnings that you might gain -- the gross margin you might gain from moving overseas will be more than made up by the lower tax rate, for most companies. >> that's true. interesting the president actually seemed to indicate in his conversations regulation rollback was more important than tax rollback, he said that, i think i heard him say that. >> i had the ppg ceo on the other day, what's ppg? they own a mexican plant. they have this gigantic factory -- net of f

they don't nec yessaouricolymi w be beaten over the head w >> i try my best not tom we'veom been thereperp club tomorrow night get yourorro tickets. we've been there for 2.5 years s and strike a nice balance balan between the edgy stuff that youy come out to see and not going too far with reality. reality. some of the stuff i do is basedd on, you know, my wife and kidsek so it's going to hit home.ome. >> gotcha. like your wife don't like you iu you don't got no money that hits home.. >> look at wisdom.>> look at in wisdom is saying amen.in ame >> that's a message he wants tos get out in 2017 to the married fellas. can you talk about having moregr money. mone because we don't like it whent w you don't have no money. money >> that is true. >> that is true.. >> you're still doing radio shos which is very successful the morning show.morninshow >> yes. >> when do you find time? n do y strike the balance between theen daily show and you've got come c up with material to do youria comedy and make the alll week.. >> maureen i'm a black man fromm the dmv. dmv i have been tired since i was 12. y

and there are times where that first impression turns out to be wrong and your little behind thed nec spin --that there is and you see behind the curtain that there is spin and hype and posturing going on, but then there's others who the longer you know them, the better you know them, the more time you spend with them, the more you are tested under tough situations, the more that inspiration is confirmed. i have known this guy for 10 years almost and i have watched him grow and i've watched him advance and i've watched him marry and i've watched him be a father and i've watched him manage younger people coming up behind him. he has never disappointed. the guy yous been wanted him to be. if you're the president of the united states and you find out the this is the guy who has been voted the most popular press secretary ever by the white house press corps, that may make you alone nervous thinking maybe the guys kind of been too solicitous for the hess, but the fact is that was worthy of that admiration. and he didn't always give you guys everything you wanted, but he was always prepared