steve ratner advised barack says the president.eve ratner advised barack obama in the motor industry while he was in power. i think somebodyjust popped to drink there. the big news ended up being only 130 jobs in michigan, they were announced in 2015, when will the president's misleading people he says. here is the headerfor talking to the bbc. as you know the cascading effect on the auto industry is prominent it is exciting there. all of our industries are happy when you make investments. a percent of sales are made here, we are the largest producer of vehicle so we are are the largest producer of vehicle so we are reproducing that manufacturing story. that's the headerfor speaking to manufacturing story. that's the header for speaking to the bbc. that qu bec is a mirror. first of all kenny klerk who is right here, is this a small announcement that we had back in 2015? it does seem to be new investments in two of the existing plants here in the us. so it seems they are beefing up some of that and then new investments in a data cen

david: we will talk to steve ratner about cars. jonathan: happy friday. futures at the moment are treading water. they are dead flat. euro, it is nowhere to be seen. we do head toward toward a third straight week of gains. alix: look at what is not moving. i have to point out the dollar index finally happened yesterday. i was watching for it. it is moving above the moving average. that could mean more downside. david: finance ministers the largest economies have gathered in germany. steve mnuchin is going to make his debut on the world stage. joining us is mike mckee. he is our international economics and policy editor. tell us what the agenda is. mike: we are hearing that the u.s. may have scored its first victory here. the latest draft of the g-20 communicated drops all reference to climate change. that is something that is different from their last communique. they want but the paris climate accord in play as fast as possible. it,u.s. fought against including it this year. it has been dropped. the french are upset i this. the finance minister suggests

july and august of last year, they didn't know how to react and were slow, didn't do anything. >> steve ratneron between the two and there was nobody at justice or the white house or anywhere else who said there are broader implications than simply whether the russians are getting into our e-mail systems? >> no, it's one of those scenes you see when we don't have a good government approach for a threat. we have been so distracted on terrorism over the past three, five years with the isis threat is no one is look at why did they wanted to hack this information? we always thought it was compromised information to hack into peoples accounts, steel bank account information, nobody was focused on why they would want this. it's not the fbi's naulfault, t were doing the investigation they were supposed to but who covers down on russian intel. >> clint watts, thank you very much for that. coming up on "morning joe," game on thrones, that's what some compare inside the white house to. first, congressman jim himes of the house intel committee joins the table. we'll get his take on how devon nunes report

we'll have steve ratner and larry kudlow join us at the same time apparently.d to break a look at the movers and the traders. pimco report. where we are on yields for the 2, the 5 and the 10 year note. i've spent my life planting a size-six, non-slip shoe into that door. this side, i want my customers to relax and enjoy emselves. but these days it's phones before forks. they want fi out here. but behind tt door, i need a private connection for my business. wifi pro from comcast business. public wifi for your customers. private wifi for your business. strong and secure. good for a door. and a network. comcast business. built for security. built for business. know you have a dedited advisor and team who understand where you come from knowou can craft an investment plan as strong as your values ♪ know that together, you can establish a meaningful legacy with the guidance and support of your dedicated pnc wealth management® team. from engineering and manufacturing... to stealth bombers... to nt-generation fighters... ♪ to landing an unmanned vehicle on a carrier fo

david: we will talk to steve ratner about cars.

later, steve ratner. from new york city, good morning to you. this is bloomberg. ♪ .han: from new york city, this is bloomberg. a check on the markets. 1%.res up about half of on the doubt, we snapped the 12th -- dow, we snapped the 12th day record. if you switch of the board, the fx market, about the president but the president of the new york fed and not the united states. the case for rate hike has become more compelling. the dollar-yen, up by 0.9%. yields push higher by 4 basis points. that is some of the action across the market. some of the news with emma chandra. emma: first word. in the u.s., president trump sounded a different tone in his first speech to the congress. instead, the president laid out campaign promises with few details on how to turn them into reality. he called for the repeal in a obamacare and a massive building project. to launch ourp: national rebuilding, i will ask congress to approve legislation that produces a $1 trillion investment in infrastructure of the united states financed through public and private capital, creating millions of n

. >> congressman, steve ratner. that may well be.ors to bear in mind. one, your bill would have required 60 votes in the senate to pass, not 50 votes in the senate. it couldn't have been done under reconciliation. >> not the clean repeal. not the first part. >> it could not have been done that way, correct? >> the clean repeal could have been done. the repeal obamacare could have been done, same thing we passed 15 months ago and put on president obama's desk. that could have been done through reconciliation. the leadership's plans with a three-step process. it had three phases to it. if they were able to get phase two and phase three, why couldn't we get our second part, that will require the democrats to do the right thing? in fact, democrats might -- >> you weren't going to get the -- the heart of my question is this. which is, so you failed. you ended up with obamacare 1.0 still being the law of the land. why was not the bill that the house leadership and the president proposed, which would have made a number of changes and many c