daschle and trent lott. jonathan: very quickly, a big print in the eurozone, core inflation a four-year high. , up .6%.gh on the euro treasuries on offer at the margin. of the market action. let's get you up to speed on the top stories. here is emma chandra. emma: president trump warned there could be a major conflict with north korea if diplomacy fails, telling reuters the u.s. would love to solve the issue peacefully, but said it is very difficult. at the united nations security council today, secretary tillerson will try to showed north korea the world is against it. in france, the presidential election is a week from sunday. at a rally and nice, marine le pen did not mention her plan to pull out of the euro, but said macron lacked french fry use. tell thes are ready to u.k. they are united when it comes to brexit. there will be a summit in brussels to discuss the uk's departure from the block. they will warned the u.k. against trying to create division. after anfell the most unexpected dip in fixed incom

more powerful than the democratic and republican leaders that you used to have,e, the way sort of trent lott, ted kennedy, ted stevens, his larger-than-life figures who back in 2005 were not really in leadership. and along with that the sort of new personalities, you have a very much more divided, much more polarized country thatok really is looking for doing it as shorts versus skins, red versus blue and they're just looking for an outcome that fits that partisan mold. >> host: how much is this just an extension of what happened in 2013? >> guest: let's start with 2005. harry reid was trying to protect the filibuster. he was the new minority leader, and republicans were trying topu push through george w. bush is appellate court judges. then this sort of bipartisan group came together led by john mccain and a few others. they defuse the issue, and harry reid at the time told me that some of the colleagues, when we were at roll call at the time that it was his greatest moment in the senate, was preserving the filibuster. then he becomes majority leader. barack obama becomes president o and th

many years ago the nation worked with code pink, trent lott, even the nra to overturn these cross ownership media rules because even the tea party should be for localism. the big corporation out there often doesn't have people's interests at stake. but those alliances have frayed, fallen apart, unfortunately. they need to be rebuilt. there is a long history in this country of under it -- understanding that unchecked corporate power is not in the interest of people. i think that gorsuch is in that tradition. there is a report that i wrote about in "the washington post." in the mainstream, out of the mainstream, his record shows that he is 87% more conservative right wing than the federal justices sitting in this country. this is a serious low. he's very young. that is important. we need to think hard about the court. all this should -- this talk about judge robert being a referee, balls and strikes, give me a break. there has been a long history of politicizing the court and the right wing, to its credit, has understood the power of reshaping the lower courts. one of the reasons that trump w

trent lott and tom daschle did it.f they are willing to go along with it, it does break that code. >> this one and the last one were out in the white house too much? i would hope they look at the senator appropriations committee. this is the chairman. we have already begun to work quiet quietly to work things out. it is not as easy, but what it does for the american people is significant. in this case they have a problem because the white house did not follow the usual procedure where they sat down with republicans and democrats and talked about advice. here the president said i will take a list from an efficacy group and they will tell me who they will nominate. the president would say who he would nominate. >> there is nothing that said that is wrong. >> i like following the constitution. the president shall nominate and advise and consent. president obama nominated the chief judge and in the senate where every one of us took an oath to uphold the constitution and said sorry, we are going to ignore the constitution o

education" he knows where he speaks his clients include martha stewart, penn state, former senator trent lottthe washington redskins and a slew of others. i invoked your names and said this is not out of lanny's playbook. >> thanks for the plug, first of all and secondly, i would like to make full disclosure that michael smerconish has never called me for advice so he's doing well so far. >> not yet. [ laughter ] >> i would like to start -- >> talk to me about united. another full disclosure, i reached out to the pr department at united and asked them for some advice and perspective so that i could figure out whether or not they should be the textbook case of how to do everything wrong. i knew there was something that i should know from them to explain. and i was unfortunately unable to connect. let me at least start with the rule is a little differently than my mantra you were nice to quote. number one, mr. munoz did not tell all the facts and did not tell the truth. now let's assume i do assume as an honest mistake, but he didn't start with the facts. there was no overbooking problem. and w

trent lott was willing to do certain things he didn't want to do and president clinton was willing toink he should do, but he was right to do. to get a tax -- i'm sorry a budget that moved forward that was very good for the country. >> we need to take another break at some point. >> i think we're going to keep going. why don't we talk about how you get to the point and the hamilton project is part of that. >> how we get to that point, i think the fundamental question with respect to the future of our country. we have enormous strengths and i would rather invest in this country than any other country in the world. i would rather do business in this country and i would rather have our hand to play from the policy point of view but we can only realize our potential, our potential for growth and broad based participation, i don't think you'll get good growth unless you also get good -- we can only in my opinion only realize the benefits that come from our potential if we can once again re-establish -- goes to joe's point, re-establish a political system that's working. that is to say fact

. >> get a retired member, like trent lott, who worked for daschle. i'm not saying he will. trent lott, former majority leader who actually dealt with tom daschle around the clock and figured out how to pass things. that's what he needs. >> we have to go to break. >> i know. >> the hill's jordan fabian, thank you so much. robert costa, thank you as well. congratulations again. new moderator of pbs political talk show "washington week." >> when do you debut? >> tonight at 8:00. >> they throw him right into -- >> really? don't get nervous, bob. >> i think we should kick it off tonight, buddy. >> what? >> may be a little bit of competition. willie and i are doing a live action reading of the federalist paper. >> why do you have to do that tonight? >> i'm sorry, man. i didn't know. >> it's on periscope and will be very exciting. >> willie just wants to read the john j. but i'll do madison. >> that's so hot. >> still ahead big national security stories to get to. terror attacks in paris. new moves from the u.s. in anticipation of another north korean nuclear test. and is iran hol

on friday, on the eve of president trump's 100th day in office, trent lott and tom daschle will be withdwide, this is bloomberg. ♪ ♪ emma: this is bloomberg daybreak. i am emma chandra. p.m., wilbur12:00 ross, the u.s. commerce secretary. this is bloomberg. now to your bloomberg business flash. plans to slim down its operations and is squeezing profits. they missed estimates. their estimate -- attempt to spin off sales hurt sales. a new ceo takes over on may 1. mcdonald's ramped up its iconic big mac and saul results in third-quarter estimates -- earnings. -- saul results in third-quarter estimates. sales at u.s. locations unexpectedly rose. analysts had forecasted a decline. tyson foods has agreed to buy advancedpierre holdings. they produce and distribute ready-to-eat sandwiches and other snacks. that is your bloomberg business flash. david: looking live at the white house, which is trying to work things out with congress to keep the government open past friday. the last time we shut down the government we saw a two-point drop in the consumer sentiment index. joining us is gregory day

trent and democrat tom daschle both democrats. what better way to talk about the first 100 days. welcome, gentlemen. >> thank you, chuck. >> i'm going to give the point of privilege to senator lott here. republican president we're dealing with. i'm focused on this issue of his words. how problematic is it that we actually now discount -- i say collectively washington discounts his declarations already on day 99. >> well, a lot of presidents, and i work directly with seven of them learn when they get here it's not quite like they expected. it is important that your words matter. i think maybe he's learning about how to handle that. sometimes i think it's, you know, by design. sometimes i think it's a bluff or a feign. that's what i thought happened on nafta. i don't think he was ever really going to pull the trigger there. i think he was trying to get the leaders of canada and mexico to say, oh, yes, look -- >> i thought so too. but i also didn't think he went through the motions that he did. >> but i do think he needs to be careful about that. you know, it is a distraction. and trying to get things done. and it causes concerns, frankly in the congress. but i want to say this too