i wilbur ross do solemnly ross. >> i wilbur ross do solemnly swear. vice-president pence: that i will support and defend the constitution of the united states. >> that i will support and defend the constitution of the united states. vice-president pence: against all than miss, foreign and domestic. >> against all enemies foreign and domestic. vice-president pence: that i will bear true faith and alieges to the same. that i take this obligation freely. >> that i take this obligation freely. vice-president pence: without any mental ressser vacation. or purpose of evasion. or purpose of evasion. and i will well and faithfully discharge the duties. >> that i will and faithfully discharge the duties on the office upon which i'm about to enter. vice-president pence: so help you god. >> some me me god. [applause] [applause] vice-president pence: ladies and gentlemen, the secretary of commerce, wilbur ross. the secretary: thank you, mr. vice president and thanks to all of you and friends and supporters from the department for coming here today. i'm very grati

the confirmations are getting through, we can expect to see wilbur ross getting through.ke move through for you the interior for confirmation presumably in the next sathe -- next day or so. >> this is a bare minimum. i did an interview with attorney general sessions today. i said you were the first senate confirmed trump appointee in the justice department and usual the only one so far, right? and he is the only one it's a big problem in a lot of the departments. lou: people talking about an independent prosecutor. right now the justice department, they are all obama holdovers under attorney general jeff sessions. it would be the same thing as having an obama justice department investigation. they will resist that. up next, president obama meeting with mcconnell and ryan before his big address. >> we have a bold agenda ahead of us and we are excited to have the president come tomorrow. lou: chris col thrin lou: in our online poll last week we asked you, do you agree with the * that the national left-wing media is the enemy of the american people. only 91% of you said you

wilbur ross. i'm grateful to mr. ross for wanting to serve the country in this way, and i think president trump has chosen wisely as commerce secretary. one of the things that president trump said that mr. ross will do is enter into the negotiation process on nafta, the north american free trade agreement. nafta in my part of the world, in texas, is viewed positively. it's not a dirty word. some people have suggested that trade somehow has a negative impact on our economy, but i believe the evidence is just to the contrary. as a matter of fact, just between mexico and the united states, five million jobs depend on binational trade between mexico and the united states. now, i know from time to time we have differences of views with mexico, and i saw that secretary kelly and secretary tillerson were in mexico city on wednesday talking about some of those differences but reassuring our mexican counterpartsf our sincerity and goodwill in trying to work through those, but the fact of the matter is that we share a common b

everybody calls him wilbur, i've never heard him call, we just know him as wilbur. we had the great jack wells, legendary jack wells , we appreciate that but looking forward, a little while and yes, in a few moments we will encompass all the things that you think we can do to bring back our jobs. and it's even lower than what we are going to be cutting them with rate plans, i'm going to have your plan here and to do what we have to do in terms of regulation.we have some of the bankers here, there's nobody better to tell me about dodd-frank but we expect to be cutting a lot out of dodd-frank because we have friends of mine can't borrow money, they can't get any money because of the banks. we will let them borrow because it will improve the regulation of dodd-frank so will be talking about that. >> with that i just want to introduce you to somebody i know a long time. and you're thinking of having these people struck, maybe as much as the basis that will go to a border basis because it sounds like a lot but we really want, we want the biggest and brightest in the worl

we are about to hear the confirmation hearing for wilbur ross for comment secretary.ta.d be renegotiating the u.s. also dropped out of tpp. with a be better to invest in the mastech small caps in the u.s. versus the domestic that you look at? >> yes it could be, but we do not know where it would all end up hearing you talk about renegotiating, but it is important to note that a lot of this will be a renegotiation rather than an ending of trade agreements. yvonne: so did end up benefiting or renewing in a way? >> we look from the bottom. some companies could really benefit from a shift in trade. we were talking to taiwan semiconductor and they would say, if there is a border adjustment tax, there are various things we can do in order to limit the damage to us. we are looking for those flexible companies that have the weights, wisdom, and experience of having been in this situation before. yvonne: thank you for being here. coming up next, facing charges of ivory -- bribery and embezzlement, the same some head faces his indictment. this is bloomberg. ♪ betty: this is "da

now he has wilbur ross in place. being reported he will be moving quickly to trigger the required ninety-day period where he is putting everyone on notice. he is going to go. it head on nafta. wilbur ross -- he is going to go full speed ahead on nafta. wilbur ross has now been confirmed, and we will see where it goes from here. this is just 24 hours before donald trumps big speech to congress. the president is also addressing congress, as you say, the event markets are watching this week. he is expected to speak about security and economy. we know a little bit. he has promised some things. kathleen: he has. he has said a lot more today about his budget. he is calling it a public safety budget because he is boosting military spending to help fight terrorism, make americans safer. he is going to do this by some of the following steps -- boost defense spending by $54 billion, a 10% increase. to do that, he will cut discretionary spending on education, national parks, veterans. hese are touchy issues, but is saying he ha

beginning monday with wilbur ross, commerce secretary. tell us about the status of each of these four nominees and how each will fare in the confirmation votes. nomineesks like the that are up before the senate facingek are going to be smoother sailing than some of the previous nominees featured the around-the-clock sessions and the real protests from democrats. wilbur ross, while there has been some concerns about some of his business dealings, is expected to easily be confirmed monday evening. after that they will invoke cloture and a limited debate on the choice of ryan sankey, the congressman from montana to be the secretary of the interior. and then later in the week we should see them get to both ben carson, the former presidential candidate and medical doctor from johns hopkins, and rick perry, former texas governor for energy. carson for hud, perry for energy. these are all seemingly less controversial nominees than the likes of rex tillerson, at the state department betsy devos in education, some of the people previously confirme

some of what donald trump says wilbur ross will represent the u.s.gotiations and nafta is unfair. he said maybe it needs to be free and fair trade. that wilbur is one of the great people of wall street and will be fair to other countries. tonight minutes ago. --ll stagflation, deflation we talked about a correction. what do we do? is thisriver behind it will lead to a stronger dollar. everything around trump policy points to a stronger dollar. , at someve an increase point in 2017 the tightening of -- theal conditions timing of that is tricky. onlyarket narratives can be around one thing in that is good trump. at some point, it starts to shift to the higher dollar and protectionism. when that shift happens, the will be -- it has and youholding dollars bury liquid and weight to buy back. in the end, a stronger dollar. we will see a repeat of what we saw last year. vonnie: a buying opportunity -- mark: a buying opportunity after this? >> yes. you have to wait for-six months. preservationme is capital, not reselling capital. mark: that is a gloomy scena

i want to thank wilbur has been so fantastic. i've never wilbur for so long. he's a great guy, great negotiators but a very fair negotiator and he's going to be doing things that the deals we have with other countries are unbelievably bad. we don't have any good deals in fact, i'm trying to find a country where we actually have a sur applause of trade. everything's a deficit. with mexico, we have 70 billion in w trade deficits. it's unstainable. we're not going to let it happen. we're going to have a good relationship with mexico, i hope. and if we don't, we don't. $70 billion in trade deficits and that doesn't include the drugs that pour across the border, like water. so we can't let that happen. with china we have close to a $500 billion trade deficit. we have to do something. i spoke to the president, i spoke to many people. we're going to work on that very, very hard and do things that are the proper things to do. but i actually said to my people find a country where we actually do well. so far we haven't found that country. it's just losses with everybody

wilbur ross was confirmed as commerce secretary tonight. david remnick from "the new yorker" joins us in just a minute and i feel like i'm finally starting to understand this. the more... powerful you'll think they are. it's time to see what power really looks like. new neutrogena® rapid wrinkle repair with accelerated retinol sa. clinically proven to reduce wrinkles in just one week. wrinkles? your time is up! rapid wrinkle repair. and for dark spots. rapid tone repair. neutrogena® see what's possible. >>> sometimes a new news story itself isn't the most important thing. sometimes the most important thing about a brand-new news story is that it upsets people and therefore shakes something loose. outrage denials. confirmation or denial of certain facts. that happened over the last few days when the white house reacted with outrage to the new story that the white house chief of staff had leaned on the fbi about the fbi investigation into contacts between the trump campaign and russia. the white house was outraged at those stories. they were

wilbur is known as "wilbur" and one of the greats. and he's fair. and he's fair to other countries.will be fair to other countries. and i think we're going to have a whole new -- a whole new picture by the time we're finished. i just want to thank you for being here. we're starting the process and i think it's going to be a tremendous thing for our country, for the workers and for our countries that employ the workers. and thank you all for being here. okay? [ inaudible question ] >>> that is the president surrounded by obviously you heard him say, wilbur ross, one of the great people of wall street, who will be point man on any nafta renegotiation, which the president hopes to do sooner rather than later, apparently. also in the room, steve bannon, jared kushner and so on. eamon javers, what did we learn just now? >> carl, what we learned is the president is convening this top session, and you look around the room to see who is there. because so much of the negotiation depends on who actually has access to the president. we are told, it's hard to tell, the side facing us in that sh

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commerce secretary nominee wilbur ross invested in. the factory opened in 2007.uces jean fabric for an american company that at the time was owned by a group controlled by wilbur ross. the factory was build as part of an effort to save costs. production in the u.s. textile industry was moving overseas. so the company, as it was building up this factory if china, simultaneously was downsizing staff in the main facility in north carolina. so much so that the u.s. labor department offered trade adjustment assistance to the american workers. wilbur ross sold out of the operation only weeks before the u.s. presidential election. his office and the denim company declined to comment to cnbc. >> the irony is that as ross and the trump administration criticize china for stealing jobs, factories on the ground are battling rising costs and people in manufacturing towns like this one are increasingly worried about production moving to places even cheaper than her here. >> i'm curious in general what your impression is of the chinese reaction to some of these latest comments

i want to thank -- wilbur has been fantastic. i have known wilbur for so long. he's a great guy, great negotiator. a very fair negotiator. he will be doing things that the deals we have with other are unbelievably bad. we don't have any good deals. i'm trying to find a country where we actually have a surplus trade. everything is a deficit. with mexico we have $70 billion in trade deficits. unsustainable. we will not let it happen. can't let it happen. we'll have a good relationship with mexico, i hope. if we don't, we don't. but we can't let that happen. $70 billion in trade deficits. that doesn't include the drugs border likeross the water. with china, we have close to a $500 billion trade deficit. we have to do something. i spoke to the president, i spoke to many people. we will work on that very hard. we will do things that are the proper things to do. people,ly said to my find a country where we actually do well. so far, we haven't found that country. it is losses with everybody. we will turn that around. i want to thank jared kushner who has been so involv

and we are joined by the secretary of commerce, wilbur ross. we are joined by senate intelligence committee member senator james langford. and form earn army vice chief of staff, general mike keen. also mercy dees schlapp, fred barnes, and many, many more. it's an important night and we'll be taking up many topics. president trump addressing a joint session of congress. billing it as solving real problems for real people. repeal and replacement of obamacare. tax cuts, job creation, making the workplace better for working parents. fox news learned the president will make a push for quote an immigration bill. where there is compromise on both sides, we don't know any more about that. but we expect to find out much more the president's address tonight. some of the money to pay for a $54 billion increase for the military and defense will come from rising revenues that result from his policies. >> i think the money will come from arrested upconomy. we'll probably gdp a little more than 1%. and if i can get that up to 3 or maybe more, we have a whole

he has taken a strong stance on ross, has beenlso peter, wilbur shown to be also on that front. unclear what route they are going, the currency manipulator was a label that we have not seen anything about this. a call from indiana, and independent. caller: good morning. , i just turnedon you guys on. i caught a comment, i was wondering if you could maybe go importd elaborate about taxes from other countries are a good idea? i'd personally, when i go to my local walmart, most of the things i see our made in china , i have a very tough time finding anything made in the united states. on theou elaborate overall import taxes on things made coming into our country. why that would or would not be a good idea? host: what country would this apply to? guest: this would apply to all imports. i cannot comment if this is a good idea or not. both onness community the pro and con side have formed coalitions for the made in america products. to promote that route and there isalso the coalition that the americans for the affordable products. they are concerned about that, that can sumer's -- co

on wall street is known as wilbur, and he is one of the greats.nd he's fair, and he's fair to other countries, he will be fair to other countries, and i think we will have a whole new picture by the time we finish, so i just want to thank you for being here. we are starting the process, and i think it's going to be a tremendous thing for our country, for the workers, and for our companies that employ the workers. and thank you all for being her here. [inaudible question] >> jon: president trump in the roosevelt room at the white house doing a little arm twisting, some democratic senators present, he wants wilbur ross confirmed as his commerce second, endured some of the other points there, the ukraine and nafta as well, we will keep an eye on it all. >> jenna: now for a little good news on a community coming together during quite a challenging time. a devastating fire destroyed a texas mosque over the weekend. of the fire broke out early last saturday at the victoria islamic center, burning it to the ground. but the community in texas has rallied

wilbur on wall street is known as wilbur. he's one of the greats. and he's fair.s fair to other countries. he will be fair to other countries. and i think we're going to have a whole new -- a whole new picture by the time we finish. so i just wanted to thank you for being here. we're starting the process, and i think it's going to be a tremendous thing for our country, for the workers, and for our companies that employ the workers. and thank you all for being here. thank you. >> there's jared kushner right there, of course, president trump's son-in-law. he went on at length how much he likes having wilbur there. the president says he wants to talk about nafta, creating a new nafta with an extra "f" for fair. reed wilson is with us. i was wondering what would this be about. it's about trade, which goes to show, i think, where this administration wants the focus to be on in these early days. >> and this is an interesting group of senators because as we've seen over the last couple of months, trade does not break down along the element lines. there are elements on th

everybody calls him wilbur. we just know him as wilbur.lsh.great we are looking forward in a little while to discuss all of the things that you think we can do to bring back our jobs, to get taxes even lower than we will be cutting them. we have a great plan. and i want to have your input on the plan and to do what we have to do in terms of regulation. we have some of the bankers here . nobody better to tell me about dodd-frank. we expect to be cutting a lot out of dodd-frank because, frankly, as so many people that have nice businesses that just cannot borrow money because the banks won't let them borrow because of the rules and regulations and dodd-frank. we will be talking about that in terms of banking. introduce i want to somebody i've known for a long time that is done a fantastic job. we are thinking of having these meetings -- i think we will start making them on a monthly basis, going to a quarterly basis. want -- we of the biggest, brightest in the world. we are manufacturers represented worldwide -- we have manufacturers represe

wilbur ross, carl icahn calls up i heard you got wilbur.never heard him called we just know wilbur. we have great jack welch. legendary jack welch. we appreciate it. we're looking forward in a little while in the upcoming few moments to discuss all of the things that you think we can do to bring back our jobs to get taxes lower than we're even cutting them. and to do what we have to do in terms of regulation, we have some of the bankers here. there's nobody better to tell me about dodd/frank than jamie, so you're going to tell me about it. we expect to be cutting a lot out of dodd/frank. i have so many friends of mine have nice businesses can't borrow any money because the banks just won't let them borrow because of the rules and regulations and dodd/frank. so we'll be talking about that. in terms of the banking industry. with that i want to introduce somebody i've known for a long time. he's done a fantastic job. and we're thinking of -- i think we'll start maybe on a monthly basis and then go to quarterly basis because a monthly basis sou

carl eye can told me i can't believe you got wilbur. wilbur ross is known just as wilbur.ne of the greats. he is fair. he is fair to other countries and he will be fair to other cups. and i think we are going to have a whole new picture by the time we are finished. i just want to thank the four of you for beinghere. we are startg the process. i think it's going to be a tremendous thing for the country, the workers and for the companies that employ the workers. and thank you all for being here. >> [ inaudible ]. >> and so there you saw it, the president who was meeting with senate and house tax reform leaders. and we are seeing -- and i want to bring back in the senator we were talking about some of the immigration issues. but i can just go back to that -- we are seeing thing like this every day, sometimes multiple times a day from this president. there is one argument that the people in the white house would say which is that he is making his promises. this is not business as usual. on the other hand it was interesting hear cory booker talking about if a feeg, there are ju

a really good person, wilbur ross, who is going to see the secretary of commerce. he came out of her commerce committee with an overwhelmingca vote and i specifically said an' it's on the record, what do you think about climate change is? i said mr. ross, wilbur ross, you know you had three nobel laureate scientists employed in the department of commerce. do you know you have not only all of the intricate measurement that are so important for us tot protect ourselves, we end downll hurricanes, tornadoes, all the rest i'm on the train that is going to fall for agriculture industry. but also, we've got scientists at the department of commerce that are doing the delicate o measurement of sciences standards and technology that are leading science to sniff the atmosphere for nuclear explosions by potential enemies. you don't want to muzzle the case. you want to bring voip that's that they can come up with. modern-day techniques and that's what i would ask the presiding officer to look at the bill that we have filed with the number of our fellow members of they act, comm

i, wilbur lewis ross, jr., do solemnly swear. >> i wilbur lewis ross, jr., do solemnly swear. >> thatdefend the cops institutions of the united states. >> that i will support and defend the constitution of the united states. >> against all enemies foreign and domestic. >> against all enemies, foreign and domestic. >> that i will bear true faith and allegiance to the same. >> that i will bear true faith and allegiance to the same. >> that i take this obligation freely. >> that i take this obligation freely. >> without any mental reservation. >> without any mental reservation. >> or purpose of evasion. >> or purpose of evasion. >> and that i will well and faithfully discharge the duties. >> that i will well and faithfully discharge the duties. >> of the office upon which i'm about to enter. >> upon the office i'm which about to enter. >> upon the office i'm which about to enter. >> so help me god. >> so help me god. [applause] [cameras clickg] >> sign this. [inaudible]. >> thank you. [applause] >> ladies and gentlemen, the secretary of commerce, wilbur ross. [applause] >> thank you, mr.

billionaire wilbur ross is officially commerce secretary. the senate confirmed him yesterday 22-77.o carry out the plan to overhaul a to overhaul at trade shows such as the north american free trade agreement. the cell phone wars are heating up. at&t now lowering the price of his data plan by 10 bucks. that drop the cost for a single mind down to $90 a month. the move comes as smaller rivals, t-mobile and sprint to market shares are the two biggest carriers, at&t and verizon pushing lower-priced plans and plans about a data cap it to dallas on the verge of doing something it's never done before announcing 13 record closes in a row could happen today here at dow futures up six points, s&p down fractionally. that's what's happening right now. nicole: president trying to address a joint session of congress for the first time tonight. peter burns live in washington with a preview and an exciting day. good morning, peter. >> good morning, nicole. they say the president talked tonight about his accomplishments in his first month and discuss a wide range of issues including health care, jo

carl icahn called up, i hear you got wilbur. everybody calls him wilbur. we just know him as wilbur, right? we have the great, legendary jack welch, we appreciate it. we're looking forward in a little while, in the upcoming few moments, to discuss all of the things you think we can do to bring back our jobs, to get taxes even lower than we're going to be cutting them. we have a great plan but i want your input on the plan in particular. and to do what we have to do in terms of regulation. we have some of the bankers here, nobody better to tell me about dodd/frank than jamie. you're going to happtell me abo it. we expect to cut a lot out of dodd/frank. i have friends who can't start businesses because the banks wouldn't let them borrow because of rules and regulations and dodd/frank. so we'll be talking about that in terms of the banking industry. and with that, i just want to introduce somebody i've known for a long time, he's done a fantastic job. we're thinking of havimaybe stag on a monthly basis, and go to a quarterly basis, because monthly sounds like

wilbur ross is headed towards confirmation to be commerce secretary. vote is scheduled later tonight. after record closes for the dow and s&p 500, how are we looking today? slightly lower. dow futures reince priebus. s&p futures on the quarter of one point. that's what's happening now. trigger signals the trump administration may take enforcement against recreational marijuana use much more seriously. with pod exploded into a billion dollars industry, someone asking, is it too big to jail? lec at the clinic takes a look from denver. >> white house press secretary sean spicer said the industry for recreational use has been recognized by masking it they plan to enforce federal law. >> i do believe you will see greater enforcement of it. >> president obama's doj said it would take a hands-off approach to states to provide recreational use. now questions abound. in california which recently passed recreational use, many medical marijuana dispensers make is to expand customer base. >> the federal government is to take action against us. we've taken preparat

zbliefrmt wilbur the pig has been living in staten island for the last five years. the only problem is pigs are illegal to own in the five boroughs. the city has set a midnight deadline for the family to find a suitable home for the 180 pound hog. city health officials extended that window after they filed a petition. >>> there's six days to get your hands on a real steal. >> a suit of armor that's filled with items from government agencies, schools, and police from cities across the country. there aren't a lot of details about this suit of armor. the listing says it's authentic and was made to fit a child. so far bidding is up to $300. >>> runners get ready. >> the registration lottery opens tomorrow for the blue cross broad street run. the run through february 13th. the registration fee is $50. lottery selections are random, and they'll have an equal chance no matter when you sign up. information is available on the nbc 10 app, and remember, if you are not running, you can watch the race live right here on nbc 10. john, are you running? >> if you two are in, i wil

such a great secretary of commerce, wilbur ross. with the great jack welch, the legendary jack welsh. we appreciate it. we are looking in the upcoming few moments to discuss all of the things that you think we can do to bring back our jobs to get taxes even lower than what we have been cutting down. we have a great plan. i want to have your input on the plan. inant to know we have to do terms of regulation. we have some bankers here. there is no one else better to tell me about stock price and jamie. but we expect you to be cutting a lot, because i have a lot of money, who cannot borrow a lot of banks will not let them borrow money because of the rules and regulations. it will be talking about changing the rules to that. i want to introduce someone i have known for a long time. we're thinking of having [indiscernible] on ank we will start monthly basis and go to a quarterly basis. -- we have the biggest, brightest in the world, in this country. manufacturing setup, which is worldwide. these of the biggest and best minds in this coun

and wilbur, you're well suited for this task. you established yourself as a leading businessman in a career that that spans over 40 years, an inn credible number of fields and industries. you understand the american economy because you participated in so many different parts of it with such great success, from steel to textiles, from energy to manufacturing, you have firsthand experience with the building blocks of the american economy. you've also seen for yourself the struggles that american workers can face in difficult times in your stewardship of companies, one after another have time and again saved thousands of jobs and put those companies and firms in a position to survive and thrive in the years ahead. it is a credit to your ability and to your dedication to the american worker. and given your record of experience, your commitment to leadership and integrity and commitment to protecting the future, president trump and i have full confidence you will succeed and when you succeed as secretary of state of commercial, you wi

when a member's return a week from monday, they will resume debate on wilbur ross to be commerce secretary before voting. then later in the week, debate continues on other nominees including ben carson for housing secretary, congressman ryan's secretary andior former texas governor rick perry for energy secretary. as always, you can follow the senate to live on c-span2. president trump is in florida spending time at his mar-a-lago is states. later, he will speak to supporters at a rally in melbourne. it is the first being held by the president is inauguration. we will bring that to you live at 5:00 here on c-span. vice president pence is overseas this weekend meeting with foreign leaders at a security conference in munich, germany. you can see some of his interactions on twitter. in a speech, the vice president talked about u.s. support for nato and european allies. he spoke out of against russian aggression towards the ukraine. towill show you just need live later this afternoon at 4:30 p.m. eastern. it will be available at www.c-span.org. >> i had a piece of information. i did not articu

wilber ross, and karl ike e icahn said i heard you got wilbur. we have gentleman jack welch. looking forward to in a little while to discuss all of the things that you think we can do to bring back our jobs, to get taxes even lower than we're going to be cutting them. we have a great plan but i want to have your input on the plan in particular, and to do what we have to do in terms of regulation. we have some of the bankers here. nobody better to tell me about dodd-frank so you'll tell me about it but we expect to be cutting a lot out of dodd-frank because i have so many people, friends of mine that have nice businesses businesses and can't borrow money because the banks just won't let them borrow because of the rules and regulations in dodd-frank so we'll talk about that in terms of the banking industry. and with that i just want to introduce somebody i have nope for a long time, done a fantastic job, and we're thinking of having these meetings -- start making on a monthly basis, going a quarterly basis because monthly basis sounds like a lot, but we really want youren -- yo

wom wilbur is representing us as secretary, you're going to be so great, secretary of commerce, wilbur carl icahn called up "i hear you got wilbur." we're looking forward to cudiscs all of the things that you think we can do to bring back our jobs, to get taxes even lower than we're going to be cutting them. we have a great plan but i want to have an input on the plan in particular and to do what we have to do in terms of regulation. we have some of the bankers here. nobody better to tell me about dodd-frank than jamie so you're going to tell me about it. we're expecting to cut a lot out of dodd-frank. i have a lot of friends of mine that can't borrow money because the banks went let them borrow because of the terms and regulations of dodd-frank. with that, i want to introduce somebody i've known for a long time who has done a fantastic job. we're thinking about maybe on a monthly basis, it will go to a quarterly basis because all of a sudden monthly basis sounds like a lot but we really want your input. we have the biggest, the brightest in the world, in this country in this case. wee

and then at noon, the senate gavels in to resume debate on the nomination of wilbur ross to be commerce secretary. >> c-span, where history unfolds daily. in 1979, c-span was created as a public service by america's cable television companies and is brought to you today by your cable or satellite provider. >> host: and this week on "the communicators" we want to introduce you to one of the newest members from silicon valley. this is representative ro khanna who's a democrat from california. representative khanna, tell us about your district. >> guest: it's an extraordinary district. it's the heart of silicon valley, so you have apple, google, intel, yahoo!, cisco, linkedin, tesla all in the district, and it's one of the only majority asian-american districts in the nation. so it's one of the most diverse nations. there's a huge caucasian population, chinese-american, indian-american, filipino-american, vietnamese-american, latino, african-american be, so it's an extraordinary place to represent. >> host: how would you describe the relationship between silicon valley and washington? >> g

wilbur ross has not been confirmed.on, our colleague, said wilbur ross was at the british embassy even though he has not been confirmed as well.how handicap ped is this administration by not having these nominees in place? that is certainly the case that there are a lot of things they can begin doing, building relationships with people they may not have known from their previous lives. cannot have summary making public statements -- somebody making the lexington's. you cannot have mnuchin explaining what was done -- that were not rise to the level of the treasury secretary anyway, but talking about monetary policy or fiscal policy. it is not happening right now. that is, obviously, not what this in administration once good for the democrats on capitol hill, it is one of the few ways that they have of making life more difficult for the trump administration. vonnie: our thanks to jennifer epstein and kevin cirilli on capitol hill. david: now "first word" news with mark crumpton on capitol hill. a senior advisor to iran's

it was so small that orville's brother wilbur could not join him. he was always upset about that. the flight lasted all of 12 seconds. but it was incredible. that flight was a testament to the american spirit. i see that same spirit everywhere i travel in the country. i saw that spirit all throughout the campaign. we have the greatest people anywhere in the world. we have the greatest spirit, and you just look at what is going on today in our country, you look at what is happening with the jobs, you look at what is happening with plants moving back into our country all of a sudden. they are coming back. they're going to be very happy about it, you leave me. they're going to be very happy about it. as your president, i am going to do everything i can to unleash the power of the american spirit and to put our great people back to work. [applause] mantra,ump: this is our buy american and higher american. made by american hands. you probably saw the keystone pipeline i approved recently and the dakota. i'm getting ready to sign the bill, i said where is the type made? made?e they said

before we talk about the trump trade, wilbur ross sworn in as former -- as secretary, moments ago. listen in. >> without any mental reservation. or purpose of evasion. >> or purpose of evasion. >> and i will faithfully discharge the duties. >> and i will well and faithfully discharge the duties. >> of the office upon which i am about to enter. so help me god. >> so help me god. >> congratulations. [applause] vonnie: commerce secretary wilbur ross, there with his wife, being sworn in by vice president mike pence. that is another kick some of these puzzle of the trump train and maybe we will get more details on what commerce will look like in the first part of the trump administration. less than 12 hours away from that trump address to congress. or bloombergw stocks reporter joe q lee and you look at bloomberg markets live, paul dobson. these stocks have had an incredible run up in the sectors. is there anything that could be said to cause these to stall? >> what hinders on the specific details he gives. thele often to get tired of vagueness of what he has been saying. if you look at

the second line of work is what i refer to as economic nationalism and that is wilbur ross at commerce, steve mnuchin at treasury, peter navarro, steven miller, these people rethinking how we are going to reconstruct our trade arrangements around the world. the third, broadly line of work, deconstruction of the administrative space. and if you -- [applause] mr. bannon: i think the three most important things, one of the most pivotal moments in modern american history was his immediate withdrawal from tpp. that got us out of a trade deal and let our sovereignty come back to ourselves. the mainstream media do not get this, but we work in consultation with the hill and people are starting to think through amazing bilateral relationships, bilateral trading relationships with people that will reposition america in the world as a fair trading nation, and start to bring jobs, high value-added manufacturing jobs back to the united states of america. on the national security part, it was certainly the first that you started to see implemented under general kelly, the rule of law is going to exi

that when wilbur ross is confirmed you will see somebody there that to help them achieve and that innovation is the part of that bed and i think the tax community will be very pleased with that. with the house or the senate or the administration they are technology of first -- of personnel look forward to working with them. and also what is an element of change in and you have a delivery system with amazon as the online retailer that has original content and all of those that are in my district i found interesting that technology is usually on one side of the issue beginning to look for ways of shared goals and dimbleby helpful through the unprocessed. >> so to what degree is there a greater revisiting at this point it? it has spent 21 years since that has happened. >> you have done your homework. of course, that will need to be revisited. i know if we have enough bandwidth to do with this year but that is definitely on the to do list there are some things that could probably use our review and will look forward to doing that. in lithos house keeping components. >> in terms of broadband expa

the senate voting 72-27 to confirm wilbur ross as commerce secretary. a final vote for interior secretary ryan zinke is now scheduled wednesday. rick perry still awaiting for confirmation. sonny perdue is still waiting for committee hearings. >> now wilbur ross is secretary, he is key part of the agenda. including involving the budget negotiations. >> trade. >> exactly. now a feeling that the team can really get up and running. >> renegotiate nafta. >>> with the president mulling options for expanding the fight against isis, what is the thinking in the arab world? we are live in the middle east with reaction. >>> welcome back. a preliminary framework for wrapping up the war on isis is in the hands of president trump. the pentagon delivering options with diplomatic and financial and military strategies. that is setting ground forces in northern syria could be on the table. we have cnn's jomana karadsheh joining us from amman, jordan. >> reporter: dave, the attitude is wait and see. the realization there are so many options on the table and people want to

the senate confirmed wilbur ross as commerce secretary.mes the richest member of the trump with bloomberg estimate in his worth that almost $3 billion. the president said ross will leave the u.s. in trade negotiations. and japan's industrial production fell for the first time in six months in january, raising questions about the strength of the export driven growth seen in the second half of last year. output dropped a 10th of 1% last month from a month earlier, while forecast for a rise of .4%. the industry has been seen 3.5% in february. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. i am rosalind chin. shery: thank you. takata has pleaded guilty to wire fraud related to its potentially lethal products linked to at least 17 people around the world. they must pay fines and compensation worth $1 billion despite victims trying to force a delay in the settlement with the justice department. ramy inocencio has the latest on this. walk us through the latest developme

mike pence is doing a swearing in ceremony for the secretary of commerce, wilbur ross.y made it in with the formal vote in the senate. it has become an official position now there so we watch the video of the vice president swearing him in and another member of the trump cabinet takes his place in the cabinet. there are others still waiting in the wings. we're going to learn more about them. rick perry, former texas governor is still waiting as energy secretary and the secretary of interior nominee congressman ryan zinke waiting as well. they're expected in short order that they will be teed up and get their votes in the senate as well. the senate's advise and consent has been very busy. >> bill: we'll hear something about this tonight. i think there will be a nudge on the floor of the house tonight during this address before congress. you know, what's the hold-up? get it done. here comes the vice president pence. let's go ahead and drop in and see if we can hear something. >> thank you for joining us on behalf of the president of the united states it's my great privile

i want to thank wilbur has been so fantastic. i've known wilbur for so long. a great guy, a very fair negotiator, and his's going to be doing things, the deals we have on other countries are unbelievably bad. we don't have any good deals. i'm trying to find a country where we have a surplus of trade. everything is a deficit. with members to 70 billion in straight deficits. it's unsustainable, and we're not going to let it happen. we're going to have a good relationship with mexico i hope, and if we don't, we don't. we can't let that happen. 70 billion in trade deficits. with china, we have to do something. i spoke to the president -- i spoke to many people. we're going to work on that very, very hard. we're going to do things that are the reports things to do. i actually said to my people find a country where we actually do well. so far we haven't found that country. it's just losses with everybody, and we're going to turn that around. i want to thank jared kushner who's been so involved in this, and all of my staff. we have a team of all-stars. right now, act

wilbur ross will be the cabinet secretary. >>> today the white house shared details of what americans can expect from president donald trump's speech tomorrow. >> reporter: good evening. the white house and the president will touch on 11 major points, one has to do with a new budget he expected by mid mamp, it's heavy on defense spending. >> this budget will be a public safety and national security budget. >> reporter: speaking to the nation's governors at the white house, president donald trump shared the proposals he plans to focus on. at the top of the agenda, a call for a historic $54 billion increase in defense spending with the same amount being slashed from other federal agencies. the white house said they are rolling out the budget by mid march, it will include major hikes in infrastructure spending. the president is also revealing his plan for the tax code and his plan to overhaul the affordable affordable care act. >> their hard right said they want to repeal without putting in money. >> reporter: there are new questions about the trump administration's involvement between c

beginning with wilbur ross. tell us about the status of each nominee and how they will fare? >> it looks like the nominees that arebe