joining me now, ray lahood, transportation secretary under the obama administration.have you with us. let me start with the news of the day, if i could. friday we had this a grant somewhere attack -- ransomware attack worldwide. is cybersecurity an important part of infrastructure? ray: of course it is. and issue that all segments of america face. not the least of which is transportation. i think that what the folks at dot worry about is what could happen if there is a cyber attack against the faa for people controlling airplanes, people that are involved at our airports. back at probably be the most serious kind of breach. you worry much did about this when you were at the secretaries suite in the department of transportation? ray: you know, it was eight years ago. we served for four and a half years. it was probably not as big a deal as it is today, but and you saw what happened over the weekend with the cyberattacks, it's a lot more serious today than probably it was during the time when i served as secretary. david: last question on this, what kind of role should

to former transportation ray lahood. what do you make of that? easier said than done to get going on this. it's a big, big figure, a trillion dollars. how likely is it? >> neil, first of all thank you for being interested in infrastructure today in otherwise very busy day. those of us that care about infrastructure really appreciate it and, i think the stars are still aligned pretty, pretty carefully and pretty closely to get a bill. secretary elaine chao, secretary of transportation gave a very good speech yesterday, gave a very positive speech, talking about the idea that the trump administration wants to put forth a big, a big bold plan and the money and. people are very encouraged 10 days ago. president trump talked about raising the gas tax to get some resources. secretary chao yesterday talked about public/private partnerships to get the money. i'm, i'm still encouraged, neil. whether it's a trillion dollars or not you think it is still coming? it might be a couple weeks off but it is still coming. i didn't realize until today, sir, that a

then later, ray lahood, former transportation secretary.you're watching bloomberg. >> from new york city, you're watching "bloomberg daybreak." markets.start of the futurings and quarter of one dow.nt on the after a week of marginal losses. a situation, yields pushing higher about two bases points. through much of friday. energy. out foods and ignited a little bit of weaker dollar story. friday carry through to monday. euro dollar pushing up third one percent. story in europe, tale of two macron about to name his prime minster in france. to discuss london is bloomberg international editor.e let's begin with germany. low votes regional seem to be giving enthusiasm put chancellor. behind >> it's more than enthusiasm. incredible up quite momentum behind her candidacy. just eight months ago, there's people questioning whether she'll run for a term. the refugee crisis really hurt capital. her own party will be struggling. remarkable turn around as weve seen from merkel head into september. >> many people outside of europe so what. saying, chance

we talked to ray lahood, the former u.s.ation , who said just because of the sheer number of people in new jersey, new york, who used that in trouble in the northeast corridor, but it's got a be the number one priority for the northeast. david: president has talked a public-private partnerships. that comes across as problematic in some places. there was an effort in texas to get one to repair highways down there. what does that tell us about how this might unfold nationally? competition with her before of private funding infrastructure spending? mark: the trump plan, we don't know the details. they have made it clear that part of how the president will get to the chilean dollars of investment he has promised is to expand the use of private-part -- public partnerships. this is were they will private get financing for projects. we did a story today focusing on texas which had been an early adopter of peace threes and used the authority to do public-private partnerships. there's been political backlash to new toll roads in texa

and , secretary ray lahood d.n.c. president will be here.. ♪ >> from bloomberg's world headquarters in new york, welcome to "bloomberg markets," the trump economy, with a focus on politics and policy under the new administration. we are watching the fallout from the decision to fire at the eye director james comey. with theoordinating president suggesting that he may have made to preserve and handed it over. later the hour, our chief washington correspondent will speed with tom perez and an exclusive interview right here. the president of china presides over a gathering of world leaders in beijing. that is where the former head of the imf china division tells us about the ambitious infrastructure plans and what they mean for u.s. businesses. ♪ david: well, lawmakers continue to weigh in on president trump us decision to fire james comey as they plot a path forward. let's go

. >> i spoke with former secretary of transportation ray lahood back in 2010 on the oprah winfrey showe distractions of driving. it was part of a campaign pledge where people pledged not to use their cell phone. the death tolls are rising. there were more than 40,000 deadly accidents in 2016. that's a 4% jump from 2014 and the biggest two-year increase in 50 years. thousands of those deaths are blamed on distracts driving. often it is texting, but i still very difficult to prove. jeff glor shows us a new tool that could help with this. jeff, good morning. >> good morning. even is familiar with the breath ammizer for drunk driver. this is being called a textalyzer that allows police to check if a person was using their phone during or before a crash. it's on the path of being used in new york, pushed by a grieving father. >> my wife and i got that call that everybody dreads. >> reporter: in 2011 ben lieberman's 19-year-old son was in the back seat of car when it was hit head on. evan lieberman eventually died of massive internal injuries. >> every time i'm in the car i see it. and every

but ray lahood, the u.s. transportation secretary, because this could be done by the administration process as well, indeed was successful in getting through that process rules having to do, for example, with lost baggage. so what we have here essentially are a passenger's bill of rights. each of you have a contract. we've learned that you can find out what it is if you go on the website. or you can look at the tens and tens of pages. i want to clarify whether i believe was the response to mrs. defazio. are each of the airlines here willing to boil down what the customer is entitled to, to a one-pager that the passenger could receive as part of getting on the flight or could find by going to the website? could i have answers from each of the airlines. i only have five minutes. speak up, first, mr. munoz, why point to him, why don't we begin with you. >> it's an excellent question. i don't know that i have the proper answer with regards to a one-page document. simplification -- >> mr. kirby, do you think that