van hollen: thank you. laa: in other news, the trump administration has banned bump stocks, which allow semiotic weapons toirhundreds of rounds per minute. gun owners have 90 days to turn in or destroy the devices. calls to ban bump stockscr ineased after last year's las vegas shooting in which 58 people were killed. the manager of manchester united has been sacked from the english premier league club. he has been under growing pressure after his football team made the worst start to a season p nearly three decades. actor and directorny marshall has died at the age of 75. she costarred in the hit american tv show "laverne & shirley" before moving onto to box office success behind the camera with films including "big" and "a league of their own." family says she died peacefully at their home in the hollywood hills. the democratic republic of cgo is holding elections this week, two years after they were delayed by the government. the new leaders will face stubbornly high vels of poverty, which endured despite

van hollen: thank you, madam president. i want to thank my colleague, senator cardin, for his leadership on this issue and many others and start by agreeing with him that first and foremost we should avoid a government shut down. and that's exactly what this body did. we passed an agreement. woe none of us loved it but we recognized it was a better alternative than shutting down the government. that, of course, went over to the house and we know what happened to it there. so i hope we will continue to work together to avoid a government shut down. but the proposal that senator cardin and i are putting forward is very simple. federal employees should not be punished by the shut down. they have nothing to do with the dysfunction that would cause a government shut down, and they should not be the ones who have to bear the burden and the penalty of something totally beyond their control, a government shut down. and that's what this is about. as senator cardin indicated, often after shutdowns are over, the congress and the white

i'll talk about that and more with senator chris van hollen. and our correspondents, analysts and specialists are also standing by. let's get the latest details. our senior national correspondent, alex marquardt, joining us. alex, unexpected -- truly unexpected developments in the michael flynn case today. >> that's right, wolf. this is not the way we expected this day to go. after both mueller's team and flynn's lawyers had asked for no prison time for the former national security adviser. this could have been a straight forward sentencing, but the judge clearly had other ideas. he was fired up and made it clear that prison is still very much a possibility for michael flynn. >> lock him up! lock him up! >> a surprising twist in the legal drama unfolding around michael flynn as a federal judge gave a stunning rebuke of the former national security adviser, suggesting that he may have sent flynn to jail. in a dramatic series of statements in the courtroom, judge emmett sullivan in the d.c. district court slammed flynn for not registering as a fo

chris van hollen, senator from maryland.nd special coverage of the fed decision on bloomberg television starting at 2:00 p.m. tomorrow. alan greenspan among guests. stock of the hour, shares of kill rate are soaring after a deal with the novartis unit. details on that, next. this is bloomberg. ♪ david: you are watching "balance of power." tilray, the grower of medical marijuana getting a new global partner. novartis signing a comarketing deal to distribute marijuana globally, sending their shares soaring. romaine bostick is here to explain all of this. romaine: tilray was the pot stock on fire, a lot of that because of what people were looking at with regards to recreational use, but what we know is the medical side of the marijuana movement is much bigger. we are talking about in industry -- an industry that is expected to quintuple over the next five years, well above the pace for recreational use. so this partnership with novartis, they've had a deal with them in canada for a a while, but this expands it. brandon kennedy,

senator chris van hollen he says the murder has weakened saudi influence on capitol hill how would you characterize the administration's response to the killing of jamal khashoggi. totally inadequate in fact worse than that because despite the fact that there's overwhelming evidence as publicly reported the cia concluded that the crown prince was directly implicated in the show you murder despite all that you have the present united states really acting as the mouthpiece for the saudi regime and really becoming complicit in a cover up which is why it's so important that the congress the senate in the house act to make sure that we send a strong signal that this murder was unacceptable. first fun like this doesn't make sense to you it does not make sense and that's a big question a lot of senators and others have why is the president why is the president's son in law jared kirshner going to such lengths to a cover up for the crown prince and i think it's partly that they invested so much energy and effort in that relationship they banked this idea that so many people had the crown princ

and joining me from capitol hill is chris van hollen and, senator, thank you for joining us, a member of the house appropriations committee. and obvious ly, mitch mcconnell does not go to the senate floor with something this imp pornt right before christmas without thinking that the president would sign off on it. >> that is right, andrea. we had a big bipartisan vote here on the senate to keep the government open, and stop-gap until february 8th, and now, paul ryan in the closing days as speaker has to do the right thing for the country, and for the house, and has to let dem kra si do its will and put this up for the vote. and the house should not be the minions for the president or shawn hannity on fox. they need to take the vote, and if the president is going to veto, because he is proud to shut down the government, that is his decision, but the house has to do their job and they should not be scampering down to the white house get instructions from the president. >> and now, coming across what is west executive which is a closed off area, parking area there crossing over from the

senator chris van hollen. despite the fact that there's overwhelming evidence as publicly reported the the cia concluded that the crown prince was directly implicated in the show you murder despite all that you have the present united states really acting as the mouthpiece for the saudi regime and really becoming complicit in a cover up which is why it's so important that the congress the senate in the house act to make sure that we send a strong signal that this murder was unacceptable what do you think the senate's going to i hope that we will also hold the crown prince directly accountable through the magnitsky act which is a vehicle already in u.s. law to sanction individuals who have committed gross human rights abuses the main point here is that beyond sort of public combination of the crown prince's complicity there has to be some more direct action to hold him personally liable. a fire at a warehouse in the democratic republic of congo has destroyed thousands of voting machines the first presidential e

reporter: representative chris van hollen said he would like to find a way to keep the government open. >> we just want to focus on trying to resolve this issue, not shut down the government. one way to do it would be to have a short-term continuing resolution. it's not my preferred result. >> senate republicans are work on this on all fronts trying to make this happen. the house doesn't come back in until tomorrow. the president changing his tone and softening it from harder tone of a partial government shutdown later this week. >> it's too earl to say, sara. thank you, everybody. reporter: he said he'll see what happens. maybe he'll try and find the money in other government departments, other government agencies. it might be tricky because it does need congressional approval. but in the next 48 hours, it will be very telling. liz: the dow closing up 83 points on the eve of a likely rate hike from the fed. the president had choice word for fed chairman, jerome powell. reporter: the president once again publicly urged the fed not to raise interest rates. tweeting at one point earlier

mister youdoll, mister van hollen. >> something very serious is going on, glory to the newborn king in. it is unclear if mitch mcconnell spiked the eggnog with kentucky bourbon. it aggravated me because they're not getting the job done. they are having fun. i don't think they should be having fun at all. >> when you're so tired you get punchy, that may be what happened. heather: thank you so much. >> it gets cold outside. heather: the time is 20 minutes until the top of the hour. horrifying surveillance video showing the moment armed robbers drag her across the floor in a violent prescription pill heist. suspect in a savage attack. china waging war on christmas. how one city is making sure it is a very communist christmas. ♪ your typical bank. capital one is anything but typical. that's why we designed capital one cafes. you can get savings and checking accounts with no fees or minimums. and one of america's best savings rates. to top it off, you can open one from anywhere in 5 minutes. this isn't a typical bank. this is banking reimagined. what's in your wallet? whoooo. did you know t

democratic senator chris van hollen with us now.with breaking news but appreciate you spending time with us. is impeachment something democrats want to pursue, senator? >> look, bill, let's take this one step at a time. what we're all waiting for is for the results of the mueller investigation. both into possible collusion between the trump campaign and the russians, and issues of obstruction of justice. until we know what the facts are, no, people are not itching to get into an impeachment of president trump. that is not good for the country. if it is determined that president trump has committed those violations of law that would require or encourage the house to go forward, that's another story but we're not there. >> bill: stay on that word you just mentioned there. is there any evidence of collusion with the russians that you have? >> so as of right now as you know there have been lots of contacts with the russians but in terms of criminal collusion, meaning that there was actually active discussions between the trump campaign

today what we saw happen was senator van hollen -- kennedy: there are two democratic parties, let's notare unified. >> he introduced a bill that would properly fund title i which helps fund low income students, and there'll be a corresponding bill in the house. that's what we're going to do in the next couple years. ned wants us to go down this investigate, investigate, investigate, but we're going to legislate, legislate, legislate -- >> they're going to. kennedy: i don't know, man, i i do commend people for, i commend people in your party for that. i don't have all the faith in the world because i don't think those are the types of people who are running your party, number one -- >> that's right. >> i don't know about that. kennedy: and the minority who is just clamoring, they're frothing at the -- >> kennedy, i beg to differ. look who just -- [inaudible conversations] look who just won the chair of the democratic house caucus, hakim jeffrey, someone who worked with the white house on criminal justice reform. kennedy: sure. i like that. >> we are about action -- kennedy: all right, ac

have seen a lot of people who were groomed to be the next leader of house democrats such as chris van hollenove on to other things because of their was bottleneck because of a lack of term limits. how much that changes, i'm a little skeptical because there will be considerable opposition to that. that is something to watch in the coming weeks and months. catalina: before i throw it out to audience questions, there is look at,sting thing to and that is what happens to the house freedom caucus and vocal the republican party, particularly in the house. think their space will be? do you still see them as trying to force change, or? kate: there is still a lot in flux. if you have mark meadows at the top of the house -- the republican side of the house oversight and reform committee, he can serve as a key defender of trump and the white house. if the chief of staff that short -- that sort of changes things. there will be another special election in north carolina. in the house, if you are not in the majority, you have very limited say. diminished party over all, and the freedom caucus is less rele

. >> senator chris van hollen, thanks for very much for joining us. >>> harvey weinstein, just momentsnhattan. we'll have an update, an important one, on what happened in the courtroom right after this. wait! wait! this is incredible! yeah, it's an incredible deal. last chance to join t-mobile and get the awesome iphone xr, on us. it has an amazing camera. and it comes in all those colors! so when they join t-mobile, give them the iphone xr? it's the holidays, we've gotta go big. it's too much, i can't bear it! tell me you went with the bear head just for the pun. maybe. it's your last chance this holiday season to join t-mobile and get the iphone xr on us. bring all the gifts for under the tree and while you're at it... bring the tree. ford f-150 best-in-class payload. best-in-class towing. built for the holidays. bring home the f-150 with zero percent financing for 72 months. only at your ford dealer. kayla: our dad was in the hospital. josh: because of smoking. but we still had to have a cigarette. had to. kayla: do you know how hard it is to smoke in a hospital? by the time we coul

senator chris van hollen he says the jamal khashoggi as we can study influence on capitol hill despite the fact that there's overwhelming evidence as publicly reported the cia concluded that the crown prince was directly implicated in the show you murder despite all that you have the president ited states really acting as the mouth piece for the saudi regime and really becoming complicit in a cover up which is why it's so important that the congress the senate in the house act to make sure that we send a strong signal that this murder was unacceptable what do you think the senate's going to i hope that we will also hold the crown prince directly accountable through the magnitsky act which is a vehicle already in u.s. law to sanction individuals who have committed gross human rights abuses the main point here is that beyond sort of public condemnation of the crown prince's complicity there has to be some more direct action to hold him personally liable. talks when the civil war in yemen will ramp up in the swedish turn of rimbaud on thursday the u.n. secretary general and tony good terr

. >> senator van hollen, thank you. is the chairman -- mr. chairman -- >> i want to pursue questions on stock buybacks. the claim many made at the time that the big tax cut was past was that companies would use all of this extra money that they got from their tax cuts to invest in more plant equipment and wages increasing for workers. the evidence is overwhelming that the fact that they are using that money for stock buybacks. we are up to $800 billion in stock buybacks today since the passage of the bill. we can all debate the merits of a stock buyback but as i understand your testimony you agree if executives are using stock buybacks to elevate the price of their stock and thickly cashing out their own compensation, that would be a problem from your perspective. do i understand you correctly? >> what i said is that senator reid and others, if the motivation is driven by compensation schemes, -- that is something committee station >> let me ask you this, there is mounting evidence that executives are cashing out more frequently after a stock

. >> senator van hollen, thank you. is the chairman -- mr. chairman -- >> i want to pursue questions on stock buybacks. the claim many made at the time that the big tax cut was past to invest in more plants, equipment and wages increasing for the workers. the evidence is overwhelming e the fact they are using that money for stock buybacks. we're up to $800 billion in stock buybacks today since the passage of the bill. we can all debate the merits of a stock buyback but as i understand your testimony, executives are using stock buybacks to elevate the price of their stock and quickly catch up their own compensation. that would be a problem from your perspective. am i understand you correctly? >> senator reed, and also others, said it the motivation is driven by a compensation scheme i think that's -- >> let me ask you this. >> something compensation committees -- >> so there's nothing evidence that executives are cashing out more frequently after a stock buyback than before. there's been evidence, in fact, twice as many companies have insider

van hollen: mr. president, i rise in strong support for the resolution sponsored by senators tester and wyden to overturn the treasury department rule. we heard loud and clear from the american people that they are sick and tired of the hundreds of millions of dollars of special interest money going into our elections. they are especially sick and tired of all the secret dark money going into our elections. what do i mean by that? i mean when wealthy individuals can contribute to organizations and the american public has no idea who those individuals are while those organizations go on to spend hundreds of millions of dollars to try to influence the vote of our fellow americans. we've all seen those commercials that come on tv that says it's sponsored by the committee for a better america, a committee to support mom and apple pie, and the public wants to know, and has a right to know, who is spending all that money to try to influence their votes. and, mr. president, the vehicle of choice for these s

chris van hollen, a democrat from maryland.senatorroposal that cornyn and i are putting forward is simple. federal employees should not be punished by the shutdown. they have nothing to do with the dysfunction that would cause a government shutdown. they should not be the ones that should bear the burden and the penalty of something totally beyond their control. like a government shutdown. that is what this is about. indicated, often after shutdowns are over, the congress and white house do the ande thing -- right thing provide retroactive conversation to employees. it is not guaranteed. it always could be changed. it might not happen. so, what we are trying to do is make sure that as federal employees watch the spectacle on capitol hill, and they are thinking about joining their families for christmas or other things over the holidays, that they don't have to have the uncertainty about it there is a government shutdown. whether or not they are going to get a paycheck to pay off the bills that will stack up over that until of t

. >> bill: democratic senator chris van hollen doesn't like the border wall. that's clear.r of the house finance services committee representative dan kildee here today. you heard what von holl en said. what do you think about the comment about money? is it the money or policy you don't want to give the victory to the white house? >> well, i think it's a bit of both. on the policy i think people who are thoughtful on this issue disagree with the president. for example, republican congressman will herd who is a friend of mine thinks it's the wrong approach. he spent 10 years in the c.i.a. and represents the border. i listen to him pretty carefully. he doesn't think it's effective. but >> bill: he is just one person. >> he is just one person but there are 435 of us all one person and come with a perspective. privately when i talk to my republican colleagues, i think we all -- they and we would all prefer to have a much more thoughtful approach about what actually works on border security and not default to what was admittedly a fairly simple suggestion the president made duri

van hollen: thank you, madam president. i want to thank my colleague, senator cardin, for his leadership on this issue and many others and start by agreeing with him that first and foremost we should avoid a government shut down. and that's exactly what this body did. we passed an agreement. woe none of us loved it but we recognized it was a better alternative than shutting down the government. that, of course, went over to the house and we know what happened to it there. so i hope we will continue to work together to avoid a government shut down. but the proposal that senator cardin and i are putting forward is very simple. federal employees should not be punished by the shut down. they have nothing to do with the dysfunction that would cause a government shut down, and they should not be the ones who have to bear the burden and the penalty of something totally beyond their control, a government shut down. and that's what this is about. as senator cardin indicated, often after shutdowns are over, the congress and the white