Transgender students in public schools. Justices sent the case back to a lower court. A federal Appeals Court has said he Virginia School was probably violating civil rights law by boys bathroom by biogen biological means. I am Mark Crumpton in new york. Im Caroline Hyde in san francisco. This is Bloomberg Technology. Coming up, tech versus the travel ban. The rematch. The president has revised his executive order restricting immigration. How is Silicon Valley reacting . Plus, the future of h1b. Trump administration slams the brakes on the Critical Program attracting overseas talent. We will look into whether the snap ipo honeyman could already be over. First to our lead. President trump takes a second crack at his controversial travel ban. The new executive order restricts entry to the u. S. For people from six predominantly muslim countries. Iraq was removed from the first list. The language was amended to make clear visa and green card holders and citizens will not be denied entry. Those were many of the points the Tech Industry took issue with the first time around. Will we see the same opposition . At least one c. E. O. Is speaking out. He has tweeted barring people was wrong the first time around and still run. Joining us now to what happens next, bill danvers from the center for American Progress is joining us. He has worked on National Security for more than 30 years. Thank you for joining us today. Legal challenges, can there be any this time . The certainly can always be legal challenges. That is why we have so many lawyers. I think they have tried to eliminate as they as many as they possibly can. I am also certain there will be a hard look at whether or not this executive order can stand. People from Silicon Valley, people from elsewhere in the country are very concerned this is not good policy. Caroline not good policy. What do you think some of the key arguments will be . There have been those allowed in with green cards and visas. What key arguments could they display . Think the key argument is, why are we doing this . There was a leaked memo from dhs saying focusing on where a person is from is no indication of whether or not they are going to be a terrorist. There is an indication this will do absolutely nothing to deter terrorism. I think that was the whole purpose of the exercise of the eo. In addition, the fact he has made some of these changes does not make a big difference in terms of counterterrorism policy. That is what this is ultimately about. They say when people come from a particular country, it takes a couple of years being here as legal residents to become radicalized. Caroline and also, it could be driving even more upset and distaste from around the world. We are seeing a number of e. U. Countries saying perhaps they will shut down the agreement to stop u. S. Citizens being able to travel freely through the e. U. That has been the initial legal argument at the moment. Is this something you are expecting, retaliation worldwide . I dont know that there will be direct retaliation. It is bad policy. 1. 6 billion muslims in the world. The terrorist threat is something that affects all of us, including the 1. 6 muslims million muslims. We need to work with muslim communities if we want to counter the threat. Antagonizing muslims is not a good policy. Caroline getting to the heart of it from Silicon Valleys point of view and tech companies, could this new executive order make it harder to lure in talent . Anytime you put roadblocks into talented people coming into the country, you are risking the fact they will not want to come will want to go elsewhere and we will lose a good pool of talent to help our country continue to be great. Caroline do you have any expectation of where we might start hearing challenges first . Tonight. Caroline tonight from . Im being a bit facetious. I think there will be a careful examination. I think there has been an expectation the eo would look like the one presented. I think the white house telegraphed it would not be changed much. I think lawyers have been pouring over this. I guess the attorney generals in the state of washington and the solicitor general from the state of washington, i am sure they are looking at it now and considering next steps as im sure other attorneys general are as well. Caroline bill danvers from the center of American Progress, stay with us. This think tank is at the center of a controversy. There is one of at least a dozen progressive groups allegedly targeted by Russian Hackers in a new wave of attacks. This is according to two people familiar with the investigation. The hackers are looking for embarrassing information from the groups and trying to distort extort hush money. This was broken by michael riley. Fascinating story you put to us. Give us the extent of your views in terms of the groups of sort of money they are asking for. Attribution is difficult, but when we think the attacks are stemming from . It is an adjusting phenomena. One of the questions after the 2016 president ial election was, our Russian Hackers going to continue on some level to metal in the u. S. Legal system . I am not sure this Campaign Gives a full answer but it may get partial it seems there are at least a dozen groups hit by hackers from russia. They have had in mills and documents emails and documents stolen the hackers have looked for sensitive and embarrassing information and sent back examples with the ransom demand. The ransoms are not high. They are probably about 30,000 to 150,000. But they could be taking a page out of the 2016 residential election where you saw political groups have a lot to lose by having internal communications exposed in some cases. It is possible this might have some element to it, state sponsorship to it. Probably more likely is this criminala shakedown hackers are looking at to make some money. Caroline i want to bring back in bill danvers. It is alleged in the story your institution was hacked. The center for American Progress has said we were not. We have a statement from that particular business. I want to get your take. He worked with the department of defense. How concerning is it from a National Security perspective these hacks continuing from russia . Obviously, i stand behind the statement. I think hacking is an issue. Hacking is clearly an issue. It has been mentioned in the annual threat assessment he gives to congress the last few years. It is a concern. The good news is we have no evidence we have been hacked. We have no knowledge of it and no reason to believe it is true. Cap has never been subject to ransom. That is good news at the moment. Going forward, we need to be careful about these things. Im glad we have the Intelligence Community focusing on it. Caroline your story is a fascinating read. From a technology perspective, where are they finding the week points . , a mention a particular app microsoft one, being used . Is it the software allowing the hackers in . Increasingly, technology is an integrated part of our lives. We use it to share information and communications at all sorts of levels. Not just through emails but all sorts of apps that are designed to make sharing easier. It turns out to be a bonanza for hackers. In this case, the hackers that were part of this campaign have basically found that you can use things like sharepoint, a system that allows webbased sharing of documents that hooks into microsoft office, as one way to harvest documents. If you can get the credentials of one person that has access, it is a version of sharing software, you can present a lot of access to a lot of documents. You saw this in the fall and summer when the Source Foundation or the foundation associated with george soros philanthropies has a system designed to share among a lot of recipients of grants, people proposing grants, and the staff. All the hackers had to do was get one set of credentials to that system, and they were able to harvest a huge amount of documents. Caroline a wakeup call for many and im sure more focus on cybersecurity going forward. Great story on the bloomberg and online. Danvers and bill danvers, thank you. Onestop we are watching has to be snap. It appears some of the initial sign is wearing off. After surging more than 50 last week, shares fell 12 monday as analysts begin weighing in on truehat parent companys valuation. I have it ready. Analyst recommendations. Who of the seven analysts cover the company have a sell rating. Two neutral. Buyseven and not one single recommendation. Coming up, we speak to a leader in chinas booming peertopeer lending space. How the company will fare among healthy hefty regulations. That is next. This is bloomberg. Caroline the peertopeer lending industry is heating up globally. Title rapid finance wants in on the action and is said to be affecting an initial Public Offering in the u. S. Where it could raise 100 million as onulators impose limits lending to individuals and companies after default and fraud ran rampant. How is the company adapting to the regulation and how are they looking to expand . Joining us from new york is the founder and c. E. O. Of China Rapid Finance. Thank you for joining us today. 10 million loans you have put up. Something be advertising for the Investor Base here. Is now the perfect time to ipo . China has tried to work with the regulators and develop our strategy to serve a huge untapped market in china. There are about 500 Million People who do not have credit access, but they do have quality employment records, quality jobs. So China Rapid Finance has tried to leverage our secure technology to find a way to serve this huge untapped market. Caroline therefore, you have already made some success by the amount of lunch you have put out. You said you might be eyeing a Public Market debut in the United States this year. Could we see it come this year . Startup company, we are looking for all possibilities to fund our operations. We dont rule out any kind of possibilities. At this moment, we focus our efforts to develop our strategy to serve this huge untapped market because this market presents one of the largest untapped markets in the world. Caroline talk to us about if you did raise money, how are you developing that strategy . What is it you are pushing forward . Regional expansion . Developing the technology . Yeah. Not unlike in the u. S. Market where the Consumer Lending based on Credit Bureau information, using Credit Information to assess peoples willingness to pay, ability to pay, and stability. In china, we are opening the space not covered by banks. This population have quality implement records and good jobs. We are using the Data Available in the mobile and internet space such that we can form a prediction set using Predictive Technology to find good borrowers. Potentially, we can help them get a start on our platform and build up their credit history. We provide Affordable Credit for the large amount of those people who do not have credit access. Technology is the key. Caroline you have been doing fascinating work in terms of making sure, you have some novel ways of ensuring they are as credit worthy as you think. Counting toothbrushes in houses i even read. Talk about the Regulatory Environment because there has been a push back by the chinese government. Is this making your business more difficult to grow . Is this something that eases pressure and competition . You are right. Regulators really tried to help the sector to grow. They protected the lenders and also protected the borrowers. We are working very closely with regulators trying to develop a strategy to help the vast majority of borrowers, provide them Affordable Access to credit. On the other hand, we also work with regulators to provide good to Investment Opportunities for qualified investors. Working with both ends, working with regulators. Caroline maybe we might see you list in 2017 in the United States. Whatever happens developing the strategy, China Rapid Finance c. E. O. Zane wang, thank you for joining us. They are betting on growth in amazons groceries business. We will hear from him in a new report. I want to draw your attention to a new future feature on the bloomberg. You will not only be able to watch us live but also see previous interviews and dive into any functions we talk about. You can become part of the conversation by sending us instant messages during our shows. This is for bloomberg subscribers only i am afraid. Check it out at tv. This is bloomberg. One stop to watch, gopro shares tumbled to a record low in monday trading after Goldman Sachs became the second firm in two days to recommend selling the stock. Note, they cited the inability to attract a more mainstream audience. Shares fell to less than eight dollars a share on monday. The company sold shares for 24 apiece in the 2014 ipo. Grocery bet on its business should pay off according to research. Amazons growth in food delivery will allow the internet giant to go from the knife largest retailer to the Third Largest by 2021. Joining us from new york is john. Lackledge managing director a great read if youre digging into analysis. I love my Online Grocery shopping. We do it all the time. Ive done amazon fresh in the United Kingdom and in the u. S. As well. I am surprised how little dominance Online Grocery shopping has in the United States. It is a great point. In the u. S. , it is a 1. 3 trillion market. Retail. It is only like 6 online. Food and beverages about 800 billion. Consumables is 450 billion. Only about 6 penetrated online. What we saw in the u. K. Is a great example. We think it will continue to go up. In the u. S. About 12 of consumers bought groceries online. 20 of adults 534 bought groceries online. That older millennial cohort we think will drive Online Grocery in the u. S. Info in therietary u. K. , 34 of u. K. Consumers bought grocery online. Another third said they were likely to. It is three times the adoption in the u. S. I think that bodes well for u. S. Adoption the u. K. Is just well ahead. Caroline in the u. K. , the likes of tesco dominant. Then comes amazon. How much a piece of the pie will amazon eventually own in the United States . Your leadin was exactly right. We think it is the number nine player right now overall in grocery. We think it will be number three by 2021. The reason is they are attacking it in multiple ways. Number one is through prime. There are 50 million prime households in the u. S. , ine now, then amazonfresh addition to pantry and the dash button. They are also going physical with the amazon go store which is in beta in seattle now. They will also be doing grocery pick up. One thing we noticed last year, amazons overall Component Group 33 . Some of these platforms i mentioned, we saw accelerating growth. Amazon fresh added 10 markets. They were at 20 at the end of 2016. They started 2016 with 10 total markets in the u. S. , so it was a big acceleration. Prime now in 29 markets in the u. S. It covers about 58 of u. S. Gdp. We think about 5 million prime households bought goods on prime now in any month last year. The biggest selling items on prime now are groceries, personal care products, and household goods. They are attacking it multiple different ways which they should because it is so big. Caroline who will lose out . Walmart . Who will lose out . Yeah. Walmart is number one right now. We think they will be number one in five years. They have a huge lead. We just think amazon will consolidate the space like they are doing and other verticals. There is definitely a share shift going on, partially consolidation and partially some of the leading players will give share. Caroline john blackledge, always great to get your opinion and analysis. Thank you for joining us. Coming up, President Trumps latest executive order puts the brakes on h1b visas. What this means for Silicon Valley attracting top tech talent. Check us out on the radio. You can listen on bloomberg radio. This is bloomberg. Livestream your favorite sport at the airport. Binge dvrd shows while painting your toes. On demand laughs during long bubble baths. Tv everywhere is awesome. The allnew Xfinity Stream app. Xfinity. The future of awesome. Mark i am Mark Crumpton. You are watching Bloomberg Technology. Lets begin with a check of first word news. Iraq welcomed its removal from the travel ban saying it strengthens its alliance with washington. Iraq was originally included among seven muslim majority countries temperately banned from traveling to the u. S. Iran to callmpted for a reciprocal been on americans. Crownpoll indicates the lacron would be le pen in the final round. Bloomberg spoke to his economic advisor. Quite i think his political identity is change. When you get a mandate from the electorate, you have much more political strength and Political Capital you can invest in significant reforms. You dont change a country in a day. You dont change it entirely in five years, but you can do a lot in five years. Mark French Conservative Party theers are standing behind candidate dogged by corruption allegations. Following an emergency meeting of Party Leaders tonight, its Political Committee in the unanimously renewed his support. North korea says joint military exercises are driving the Korean Peninsula and North East Asia toward nuclear disaster. North korea test fired four missiles simultaneously that fell into japanese waters this weekend. Global news 24 hours a day powered by more than 2600 journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. It is just after 5 30 monday in new york. 6 30 Tuesday Morning in hong kong. David has a look at the markets. Good morning. Waiting on any sort of response out of china. The leaders are meeting in beijing. Shaping up to extend the losses in the past 12 hours. Have a look at futures. The recent surge in hawkish comments likely part of the reason we are seeing a fairly muted tone. Aussie futures down eight. Currencies generally flat at the moment. Two things before i go. The aussie dollar is in focus with the rate decision. We are looking for guidance on rates moving ahead. Chinaserve bank out of expected today. Ingles in hong kong. More from whatd you miss . Bloomberg technology will more from Bloomberg Technology now. Is Bloomberg Technology. I am Caroline Hyde. Our top story this hour, President Trumps new executive order on travel. The order will restrict entry into the u. S. By people from six predominantly muslim countries. Iraq is no longer on the list. Syrian refugees will be treated like other refugees. Of thee suspension 15day Premium Processing usesam that Silicon Valley to find the best and brightest talent. Joining us is michael solomon. The firm hires for google and ebay. Trackportant in the fast program, how widely is it used . It is broadly used. I believe what we are looking for right now is the beginning of a dismantling of this program. I think that will work counter to the administrations goals, which is unfortunate. Caroline we discussed the h1b visa the last time he joined the program. We knew there were key issues at the heart of it. Sometimes it is misused by certain companies. How could it be improved rather than dismantled as some are worried about . One of the things we talked about the last time i was here was you we can increase the threshold for hiring. Rather than a 60,000 minimum, move that to 120,000. The companies who need to bring in foreign talent because they cannot get people here can easily afford to pay twice what they are paying now. They can afford to pay much higher fees. That is good for the government. That is good for the economy. It will not take away jobs from people here because if people here are qualified for jobs at lower prices, they will take them. The problem with what is proposed now is as you reduce the number that come in, all you do is increase the pricing for those here. It will not create a lot of new jobs. Caroline how are your clients reacting . Are they trying to find talent ahead of any sort of cut back . We know it starts in the beginning of april. How are they trying to maneuver . Think everybody is sort of frozen now. We have seen the beginning of the administration make bold moves and then retracting from them. I believe what we are observing now is everybody trying to understand what the changes are, how quickly they will roll out, and how it will impact them. The announcements just made are being digested as we speak. I think we will see what the tactics are. The truth is for a lot of companies relying on expert i did visas, they will have a serious shortfall and have to deal with the fact they will have to find local talent and it may not be the right talent. Or what may be worse is they may move those offshore completely and we are all losing out. Caroline are you hearing that being voiced i clients by clients . It is a simple equation. When you have a job and cannot find people here and cannot bring people here to do it, you will get it done somewhere else. Caroline which countries do you think are being looked at, at the moment . India comes to mind first because they have a Large Population of educated people. As you look in the data science and Machine Learning, i hear more about Eastern Europe and russia in particular. There is other places in Eastern Europe that have large swaths of tech talent. We will see these jobs in the tech space going other places because somebody has got to do the work. Caroline have you seen openings piling up . He said at the moment, we have a freeze going on. Are you seeing it being demonstrated . I believe the Talent Crunch has existed for years and will continue to exist for years. I have not seen something happened in the last few months that makes it much worse. But i do think we will see as the effects of this policy come into play, we are going to see rising prices. That is the first thing we are going to see. Companies will pay more for jobs they were paying less for prior. Caroline michael solomon, stick with us. Another story we are watching, uber employees are starting to explore exits from the company. Last week, two executives resigned and the Company Continues to draw scrutiny of its every move. How does being under such a microscope impact them . I want your take on this. Is there an uber exodus at the moment . Are you seeing a pool of talent coming from that business . I think we will see big changes as a result of what is going on at uber. There are a couple of things you have to note. When a company has a misstep, everybody can be forgiving and acknowledged all management make mistakes. When you have a second misstep, there are more people that start to question if this was a anomaly technology or filament of management. Fourthu have a third and within two weeks, you will see fallout. People leaving, lots of discussion about management culture changes. And you will see people ready to go. There is no shortage of jobs for these people. Caroline does it still look like a good place to work . Is it putting people off applying for jobs there . When you have people leaving, do they want to brag they were there . Funny you should ask that. We have a returning client to us who has uber in his experience. We had a very long discussion about whether that is something we should list right now. I will say when we started the discussion two weeks ago, it was an absolute yes with me saying clearly this is a big, strong company. The fact you have done work for them is a good thing. No one will hold you responsible for mistakes management made. But as the stories of the last two weeks have continued to unfold, you start to question that. I still think it is worthwhile to list it as a company. It is an amazing platform and amazing technology. If you helped to build it, i hope you are proud of it. From a management standpoint, i think that is a hard line to walk. It may befascinating less of a bragging right now. What about the lack of ipo . You mentioned the scandals go on. Is it also the fact there is potential he no end in sight that could be disenfranchising the Employee Base . People are holding out hope for an ipo. And management has said recently they are hoping to hold it off as long as possible. Im sure this week more than ever they want to push it far into the distance. The other thing you have got to way is the employees, if they choose to leave preipo, they have significant financial considerations. If they are going to leave, they are often required to exercise their options which could be very expensive and make that choice a very difficult one. Caroline michael solomon, great to get your viewpoints and expertise. Thank you for your time. A story where watching. French citizens living abroad will not be able to post online in the upcoming french elections. Lotsgovernment said bal will only be allowed in person due to the threat of cyberattacks. This is a separate vote from the upcoming president ial election in france in which internet voting was never allowed. J lee allegedly has conspired to create fake documents. All the details ahead. This is bloomberg. Special south koreas Prosecutor Says the samsung scandal continues to reveal chronic corruption. This time, prosecutor accuses jay y. Lee and another executive of conspiring to create fake documents for millions of dollars in bribes that went to a confidant of the south korean president. We has been in jail since his arrest last month and the company rejects the accusation. Joining us from hong kong, tim culpan. It is interesting. How much is this starting to affect the business. I reading they are dismantling the Corporate Strategy unit which is perhaps where they have been investigating. I think that could be one of the most significant changes coming out of the scandal. One thing that has made samsung strong is the Central Planning office they have that you mentioned where highlevel decisions can be made on the future of the company, where they should be in the next 10 years, how to allocate resources, where to invest funds, how to raise money or whether to raise money. What happens is you can have that Central Planning authority in the company and they can decide we know we need to double down on chips, so we are going to invest more money in chips and scale back on smartphones or whatever else. When you divide the company down to its component parts, the individual c. E. O. s of those divisions want to expand and boost their own businesses. When you take out that Central Planning organization, you can possibly lose that longterm strategic view for the company. I really think that is going to be a very big risk for samsung in the longterm. Caroline what is so fascinating, im looking at my bloomberg screen showing me some some shares samsung shares are at alltime highs. We are continuing to see the rally. Are investors not reacting to the concern about Corporate Strategy . Yeah, it is amazing. Think of all the things that have happened to samsung. This, the battery crisis last year and even washing machine problems as well. Samsung shareholders are shrugging it off. They dont seem to care much. Maybe they dont see there is any real Business Risk to this ongoing problem. Maybe they feel it has already been priced in and it is time to buy back into the stock. You are right. They are shrugging it off and moving on. Caroline have you been looking into reports that we may see a 8 and in the galaxy s plus . Do they keep these businesses distinct . I would be guessing if there was any delay. It would not have anything to do with the drama going on. It would be a product thing. Despite the importance of the strategic offices, the divisions run autonomously in many ways. They do what they need to do. They have great engineers and salespeople to get a product out. If anything, it will be an abundance of caution to make sure they do not have technical problems like they did with the galaxy s seven note. That would be more likely than any problems in the legal sphere. Caroline im going to delve into another key area of their expertise. Theare looking at asia of potential sale of toshibas memory chip unit. You have been writing this might be the right time to get rid of it. Exactly. Im one of the many people who feel it is a jewel in the crown given they have this Nuclear Scandal going on hurting their financials. They will have to take a loss on it. In last 24 hours, i argue the issue for toshiba and the chip businesses we may be hitting peak memory. They are making the most prevalent chips. It is a commodity chip. What we are seeing in china is a lot of competitors spending a lot of money to build capacity, incredible amounts of money, billions of dollars over the next few years to build capacity. In a commodity business when there is a lot of extra capacity, oversupply can lead to falling prices. It becomes this vicious cycle of lower prices making it difficult to make profits. Ways youy, one of the have to deal with that is to turn out more chips to create revenue to cover the depreciation costs. There is a big risk to anyone in the memory industry over the next years as all the new supply comes online in china in the next four years. This may be a great time for toshiba to get out of that business and sell it to somebody who wants to be in the business. Caroline maybe toshiba hoping other potential buyers are not reading your column. I urge everyone else who is viewing to do so. Thank you very much. Jayzays funding board, is adding to his repertoire. His company is launching a platform. The fund will focus on investment in earlystage startups as well as private companies. Interestedong been in the taxing having invested scene. Is also the coowner of the music streaming service. Tomorrow, the former bank of england governor joyce as a guest host. Dont miss that conversation starting at 6 00 a. M. New york time, 11 00 in london. News saga the fake continues. It is now google snippets under fire. We will explain. This is bloomberg. Caroline the fake news saga continues. Featuredder fire as snippets appear to be flawed. It comes when it continues to attempt to expand. Does the tech giant need to do a crackdown on the problem . Joining us from california, danny sullivan. Thank you for joining us. We saw this in gulf facebook. They were scrutinized for fake news around the election. Google . This compare to it is different in that you do not get the viral component to it, something that will quickly spread across google in the way it will facebook. It still has important repercussions because you have people who will turn to google to understand if something is true. If they search and get an answer that tells them yes republicans are nazis, so might come away with preconceptions reinforced. Caroline they really are quite shocking some of the false answers they shine a light on. To all ofing element this is barack obama being claimed to be the king of the United States. That is not as worrying but it elementslve extreme and seems to give it some element of truth. Hottest google go about how does google go about fixing this . It will be a challenge. They might be doing 750 million featured answers. It is possible they will try to improve the algorithm to get more authoritative sites. Example,then, in one when you would ask if donald trump was paranoid, google did as a featured answer he was paranoid and mentally ill. Many people might want to agree with that. It was not from a medical doctor but coming from a respected publication feature that way. It is a challenge to figure out how you come up with good answers and not put these specialized boxes around things that are controversial or in question. Caroline he is talking talking of donald trump, are you expecting him to weigh in on this . Will alphabet be bracing themselves . You never seem to know what donald trump may do. I would expect if some publication found one of these things and did not like it, they might write about it and he might read about it at 4 00 a. M. And do a tweet. He has been critical of google peoplepast when he saw saying they were skewing searches to favor hillary clinton. That was not the case but he believed it and the criticism to them. Im happy you would be im sure he would be happy to criticize them again. Caroline fake news was leveled at the youtube element of alphabet. How are we seeing Internet Companies fight back . Have the steps taken been enough . Google has taken some steps in trying to curtail advertising. There is some question about whether they need to do more and if what people believe was going to be pulled back on fake news really was fake news. I think the bigger challenge is the internet is full of lies and misconceptions. Despite all of googles Machine Learning and algorithms, it is difficult to know what is the truth especially when you get into controversial things. They may have to revisit the best way they present stuff. In the past, we were largely protected because you would get 10 different results. It was left to the human be to be critical. When you have google home that gives you one more one answer, much more difficult. Caroline danny sullivan, thank you for joining us. Great Little Bridge on the left of your screen. Blue origin is expected to give an update this week on his longterm goal of building rockets powerful enough for deep space travel. This is a Company Founded by jeff bezos. According to the wall street journal the company one out customers announced customers and new initiatives. He is slated to speak tuesday in washington. That does it for this edition of Bloomberg Technology. You can always follow us Live Streaming on twitter. This is bloomberg. Announcer from our studios in new york city, this is charlie rose. Evening. I have jeff glor filling in for charlie rose. We begin with politics. After delivering a wellreceived address to congress, President Trump and his administration are mired in controversy again. On thursday, Jeff Sessions recused himself from any investigation into charges russia meddled in the 2016 election. This followed new revelations sessions met with the russian investment the u. S. In the lead up to the election. Sessions addressed the situation at a News Conference late yesterday afternoon