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on painl 2, it -- on page 2 there is a disclosure regime, since the ban looks like it's not of interestthere are a number of things here that you will see that should cause a much more robust disclosure system that you're seeking. but, again these are our ideas. i would ask that the commission ask the staff to take a look at them. they're probably timely given the discussion tonight. and you'll be able to pick and choose and then we can discuss it next week as we see the final -- next month as we see the final draft. and then the last section of this memo with the redaks redaks redaction on top, that should give you a pretty good idea as to whether or not we'll end up supporting your bill. thank you. >> thank you. oh, yes miss pelham. >> what we have on the overhead is the list of items as included in the motion by commissioner chiu. just to try to provide clarity for those watching and listening. >> thank you. >> thank you. >> chairperson keane: mr. chen. >> very briefly. so just in terms of moving the process along because that's what the commission wants to do, in terms of the green

members of congress can say to special interest groups, i cannot fix you because i cannot fix him and painllong run, we are all better off but it is a lobbying frenzy. double the standard deduction is what the president is talking about. more people will take the standard deduction. fewer people will itemize and take the real estate tax credit. realtors do not like that. david: kevin cirilli in washington, i know we will be coming back to you, and michael mckee will be staying with us. jonathan: the markets do not know what to do with any of this. we are about 20 minutes away from the opening bell, futures treading water, dead flat on the s&p 500 and dow futures as well. the fx story is about sterling, a dovish hike from the bank of england. we are down about 9/10 of 1% the cable at 1.3131 and conversation continues in new york on fiscal policy and the future of monetary policy. this is bloomberg tv. ♪ david: this is bloomberg, i'm david westin. breaking news as we begin to get bits and pieces of what is the republican tax plan. so far, they say they probably will not phased in the cut to 2