take sot: tom reed, , in: 0:00 out: 0:08 "you do take a moment to reflect and say, i'm just tom reed from corning new york who lives in the house his grandfath 1921." track: new york congressman tom reed is celebrating his new position as one of twelve vice chairs on the trump-pence presidential transition team. reed was one of the first house members to endorse the president- elect. he says the promotion could help his constituents in upstate new york. sot: reed, in: 0:26 out: 0:30 "this is an opportunity for us outside of the downstate interest to be a voice for upstate new york, western new york and say you know what we have concerns, we have issues and they need to be addressed and that's what gives us this opportunity." track: reed joins a team of lawmakers, like house colleague cynthia lummis of wyoming and scott of south carolina. this comes as the president-elect has gotten flack for not 'draining the swamp' as he promised during his campaign. nat pop: sen. debbie stabenow, , in: 0:47 out: 0:56 track: michigan senator debbie stabenow was just one of the senate democrats firin

turns out that a very early trump backer, representative tom reed, has come in with a serious proposal for new colleges getting all these chair donations, we are going to require that you get when he 5% of those to subsidize lower and middle income students. in other words, we will tax you. you will lose your tax exempt status. this is a way of addressing, ironically, what has been proposed from the left, to make colleges more affordable. jonathan: the big question is if we actually have a republican in the white house. you've got a republican congress, fine,?but what is in the white house we will continue to have the debate about that. alix: you have republicans coming in and saying, that was done under president obama? there was a call a theory to that point. i'm taking a look at what it means for the fx market. a huge dollar rally, but what does it want it meeting when you look at the reagan presidency, bush presidency, trump presidency? the trump dollar rallied like a reagan rally, but in reality they were quite different. you had an economy that was just coming out of a recession,

as congressman tom reed was named to the transition team. david: where does it go from here?t could happen next? janet: he has a proposal that will probably be introduced sometime next year. the house ways and means committee has also shown interest in endowments. david: thank you very much, janet lorin joining us. bill gross warns the trump rally will not last. what is behind his latest investment outlook. ♪ generosity is its own form of power. you can handle being a mom for half an hour. i'm in all the way. is that understood? i don't know what she's up to, but it's not good. can't the world be my noodles and butter? get your mind out of the gutter. mornings are for coffee and contemplation. that was a really profound observation. you got a mean case of the detox blues. don't start a war you know you're going to lose. finally you can now find all of netflix in the same place as all your other entertainment. on xfinity x1. david: live from bloomberg world headquarters in new york, i'm david gura. let's start with the headlines. with the first word news, let's start with tayl

reed rathbone. [audience applause]. toms: the famously self-educated lincoln is an enthusiastic lover of theater. but during the war he is drawn to comedy, telling noah brooks that "a farce, or comedy, is best played; a tragedy is best read at home." a last-minute meeting with lewis powell, has just concluded. the coordinated attack that booth outlined on april 13th is to go into effect immediately. at 10:15 lewis powell is to kill secretary of state seward in his home on lafayette square. david herold will guide powell out of the city via the navy yard bridge. george atzerodt is to kill vice president johnson at the kirkwood house hotel. the only change in the plan is that booth will not be attending "aladdin" at grover's! harry ford: hello, john. tom hanks: he will kill lincoln at ford's theater. murcott: i am harmless except to myself. florence trenchard: speak on, sir. i hear you. tom hanks: it is still early in act two. booth has calculated that the appointed time of 10:15 will fall at the beginning of act three of "ou

ian reed could get a phone call. i know that tomce who is in government, who's running that department by the way, is running health -- he's very aware of pricing and who's done a good job and who hasn't. and has not been a friend of the pharma companies already that have raised prices. so be aware that the president-elect is acutely aware of who has raised prices big for older drugs in the last six months. and one of those guys is going to get a phone call. >> and what if on that phone call you say, listen, we think our prices -- we are priced appropriately for the marketplace and for the value for the consumer and for what we've spent on r & d and you say thank you very much for your interest, mr. president-elect, but we feel okay about it? what levers really other than the bully pulpit are there to actually effect change? doesn't that require congress? >> $78 billion in spending, medicare part d. >> okay. good point. >> and i think he calls over to medicare and says that lyrica drug, boy, that went up a lot. maybe we shouldn't bu

reed calling for investigation. the president wants to investigate. congress once to investigate when they go back in january. what do you think is going on? toman investigation is fully appropriate at this point. he had some private sector organizations saying russian entities, russian directed associationh a long of russian intelligence services were responsible for hacking into the democratic national committee and others. nationaldirector of intelligence, jim clapper, who represents 17 intelligence agencies announced publicly that the russian federation directed from the government itself was involved in hacking. you had admiral mike rogers come -- cyber command, that's right, say the wall street journal conference say you had a country and it was clearly russia that had interfered, tried to interfere in the election to get specific effects. thisussians deny all of and say we don't engage in cyber attacks. that of course is just not true. my own judgment, i have not seen the intelligence, but as a broad matter, there's no doubt based on what we've said publicly that the russians are trying to interfere with the elections here and it is par

reed: mr. president, prior to my remarks, i would make the announcement -- the request that the army defense fellow for tom udall, mr. sean browrntion be given -- mr. sean brown, be given floor privileges for the remainder of the 114th congress. the presiding officer: without objection. mr. reed: thank you. i want to take an opportunity to salute and commend and congratulate my colleagues who are departing, senator kirk, my colleague from illinois, just finished his remarks. mark and i had the opportunity to -- and the privilege to work onl things together. he is a navy commander. he never lets me forget that. he always calls me major. i always call him commander. he served the state of illinois with great energy and integrity and great spirit. we thank you for that very very much and thank you for service to the nation in the uniform of the united states navy. thank you. we also have colleagues departing: senator ayotte from new hampshire, senator boxer of california, senator coats of indiana, senator kirk of illinois, senator mikulski of maryland, senator reid of nevada and senator vitter of louisiana. e

reed family. >>> well, at 7:40 right now, it is the wind that is the story, the thing to watch out for today. but rain might impact tomorrow's commute. tom is tracking how you can plan ahead for the workweek. ? ?? >> it's starting to sound more how a local radio station is what you gone do? lift up your head and keep moving or let the paranoia haunt you? everybody lack confidence, everybody lack confidence i keep my fee-fi-fo-fum i keep my heart undone >>> good morning. a cold and dry start this morning. storm team 4 radar not showing rain or snow in the vicinity. the area in green, rain in the carolinas, far southwest and virginia heading our way late tonight. it may affect the morning in the morning. drying out in the afternoon as you're heading back home monday, temperatures hovering right around 50 degrees and we'll have another shot of rain moving in after that. a look at that and cold change in just a few minutes. >> thank you, tom. >>> developing this morning in china, 32 coal miners are dead after an explosion saturday. it's the second coal mine explosion there in a week. out of 181 miners working underground, 149 managed toet ch