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The transformation thats taken place in our society just in the last decade. And ive said before, i think we made some useful contributions to it, but the primary heroes in this stage of our growth as a democracy and society are all the individual activists and sons and daughters and couples who courageously said this is who i am and im proud of it, and that opened peoples minds and opened their hearts, and eventually laws caught up, but i dont think any of that would have happened without the activism, in some cases, loud and noisy, but in some cases just quiet and very personal, and i think that what we did as an administration was to help to the society to move in a better direction, but to do so in a way that didnt create an enormous backlash and was systematic and respectful of the fact that in some cases these issues were controversial. I think the way we handle, for example, dont ask, dont tell, being methodical about it, chiefs, making sure that we showed this would not have an impact on the effectiveness of the greatest military on earth, and then to have defense secretary bob gates and a chairman in mike mullen and a joint chiefs who were open to evidence and ultimately worked with me to do the right thing. I am proud of that. But again, none of that would have happened without this incredible transformation that was happening in society out there. You know, when i gave ellen the president ial medal of freedom, i meant what i said. I think somebody that kind and likable projecting into, you know, living rooms around the country, that changed attitudes, and that wasnt easy to do for her, and thats just one small example of what was happening in countless communities all across the country. So im proud that in certain places we maybe provided a good, you know, block downfield to help the movement advance. I dont think it is something that will be reversible because American Society has changed the attitudes, and young people in particular have changed. That doesnt mean there arent going to be some fights that are important. Legal issues, issues surrounding transgender persons, theres still going to be some battles that need to take place, but if you talk to young people, malia, sashas generation, even if republicans, even if theyre conservative, many would tell you i dont understand how you would discriminate against somebody because of sexual orientation, thats burned into them in pretty powerful ways. April ryan . Reporter thank you, mr. President , long before today, youve been considered [inaudible] under your watch people said you expanded the rubber band of inclusion and with the election and the incoming administration, people are saying that rubber band is maybe broken, im thinking back to a time when air force one going to selma, alabama when you said your job was to close the gaps that remain, and with that, what gaps still remain when it comes to white issues on the table . And also what part will you play in fixing those gaps after, in your new life . And lastly, you are the first black president , do you expect this country will see this [inaudible] answer the last question first, i think well see people of merit rise up from every race, faith, corner of this country because thats americas strength. When we have everybody getting a chance and everybody is on the field, we end up being better. I think ive used this analogy before. We killed it in the olympics in brazil, and michelle and i always have the olympic team here and its a lot of fun, first of all because any time youre meeting somebody whos the best at anything, its impressive. And these mostly very young people are all just so healthy looking, and they just beam and exude fitness and health and so we have a great time talking to them, but are of all shapes, sizes, colors, the genetic diversity that is on display is remarkable, and if you look at simone biles and then you look at a michael phelps, theyre completely different and its precisely because of those differences that weve got people here who can excel at any sport, and by the way, more than half of our medals came from women and the reason is because we had the foresight several decades ago with something called title ix to make sure that women got opportunities in sports, which is why our women compete better, because they have more opportunities than folks in other countries. So i use that as a metaphor, and if, in fact, we continue to keep opportunity open to everybody, then yeah, were going to have a woman president , a latino president , and well have a jewish president , a hindu president , you know what . Who knows who were going to have. I suspect well have a whole bunch of mixedup president s at some point that nobody really knows what to call them. [laughter] and thats fine. What do i worry about . Obviously, i spent a lot of time on this, april, at my farewell address on tuesday, so i wont go through the whole list. I worry about inequality because i think that if we are not investing in making sure everybody plays a role in this economy, the economy will not grow as fast, and i think it will also lead to further and further separation between us as americans, and not just along racial lines. There are a whole bunch of folks who voted for the president elect because they feel forgotten and disenfranchised. They feel as if theyre looked down on. They feel as if their kids arent going to have the same opportunities as they did. And you dont want to you dont want to have an america in which a very small sliver of people are doing really well, and everybody else is fighting for scraps, as i said last week because thats oftentimes when racial divisions get magnified because people think, well, the only way im going to get ahead is make sure somebody gets less, somebody who doesnt look like me or doesnt worship the same place i do. Thats not a good recipe for our democracy. I worry abut, as i said in response to a previous question, making sure that the basic machinery of our democracy works better. We are the only country in the advanced world that makes it harder to vote rather than easier, and that dates back. There is an ugly history to that that we should not be shy about talking about. Voting rights . Yes, im talking about voting rights. The reason were the only country, among advanced democracies, that makes us harder to vote, it traces directly back to jim crow, and the legacy of slavery, and it became sort of acceptable to restrict the franchise. And thats not who we are. That shouldnt be who we are. Thats not when America Works best, so i hope that people pay a lot of attention to making sure that everybody has a chance to vote, make it easier, not harder. This whole notion of voting fraud, this is something that is constantly disproved. This is fake news. The notion that there are a whole bunch of people out there who are going out there and are not eligible to vote want and to vote. We have the opposite problem, we have a bunch of people who are eligible to vote who dont vote. So the idea we put in place a whole bunch of barriers to people voting doesn make sense, and then as ive said before political gerrymandering makes your vote matter less because politicians decided you live in a district where everybody votes the same way you do, so these arent competitive races and we get 90 democratic districts, 90 of republican districts, thats bad for our democracy, too. I worry about that. I think it is very important for us to make sure that our criminal Justice System is fair and just, but i also think its important to make sure that it is not politicized, that it maintains an integrity that is outside of partisan politics at every level. I think at some point, were going to have to spend and this will require some action by the supreme court, we have to reexamine just the flood of endless money that goes into our politics, which i think is very unhealthy. So there are a whole bunch of things i worry about there, and as i said in my speech on tuesday, we got more work to do on race. It is not it is simply not true that things have gotten worse, they havent. Things are getting better. I have more confidence on racial issues in the next generation than i do in our generation or the previous generation. I think kids are smarter about it, theyre more tolerant, they more inclusive by instinct than we are, and hopefully my presidency, maybe, helped that along a little bit. But you know, we when we feel stress, when we feel pressure, when were just fed information that encourages some of our worst instincts, we tend to fall back into some of the old racial fears and racial divisions and racial stereotypes, and its very hard for us to break out of those and to listen and to think about people as people and imagine being in that persons shoes. And by the way, its no longer a blackandwhite issue alone, you got hispanic folks and you got asian folks. This is not just the same old battles. We got this this stew thats bubbling up of people from everywhere, and were going to have to make sure that we in our own lives and families and workplaces do a better job of treating everybody with basic respect and understanding that not everybody starts off in the se situati and imagining what it would be like if you were born in an inner city and had no job prospects anywhere within a 20mile radius. Or how does it feeling born in some rural county where theres no Job Opportunities in a 20mile radius, and seeing those two things as connected as opposed to separate. So weve got work to do, but overall, i think on this front, the trend lines ultimately will be good. Christie parsons . And christie, you are going to get the last question. Christie. Oh, no ive known her since springfield, illinois. When i was a state senator, she listened to what i had to say. So the least i can do is give her the last question as president of the United States. Go ahead. There you go, go ahead. Reporter well, thank you, mr. President. It has been an honor. Thank you. Reporter and i have a personal question for you because i know how much you like this. The first lady put the steaks of the 2016 election in very personal terms, in a speech that resonated across the country and spoke the concerns of a lot of women, lgbt, people of color, many others, and so i wonder now how you and the first lady are talking to your daughters about the meaning of this election, and how you interpret it for yourself and for them . You know, every parent brags on their daughters or their sons. You know, if your mom and dad dont brag on you, you got problems. [laughter] but my daughters are something, and they just surprise and enchant and impress me more and more every single day as they grow up, and so these days when we talk, we talk as parent to child but also we learn from them, and i think it was really interesting to see how malia and sasha reacted. They were disappointed. They paid attention to what their mom said during the campaign, and believed it, because its consistent with what weve tried to teach them in our household and what ive tried to model as a father with their mom, and what weve asked them to expect from future boyfriends or spouses, but what weve also tried to teach them is resilience and tried to teach them hope that the only thing that is the end of the world is the end of the world, and so you get knocked down, you get up, brush yourself off and you get back to work, and that tended to be their attitude. I think neither of them intend to pursue a future of politics, and in that too, i think their mothers influence shows. [laughter] but both of them have grown up in an environment where i think they could not help but be patriotic, to love this country deeply, to see that its flawed but see that they have responsibilities to fix it, and that they need to be active citizens and they have to be in a position to talk to their friends and their teachers and their future coworkers in ways that try to shed some light as opposed to just generate a lot of sound and fury. And i expect thats what theyre going to do. They do not they dont mope, and what i really am proud of them what makes me proudest about them is that they also dont get cynical about it, they have not assumed because their side didnt win or because some of the values that they care about dont seem as if they were vindicated that automatically america has somehow rejected them or rejected their values. I dont think they feel that way. I think they have, in part through osmosis and part through dinnertime conversations appreciate the fact this is a big, complicated country and democracy is messy and doesnt always work the way you might want, it doesnt guarantee certain outcomes, but if youre engaged and involved, then there are a lot more good people than bad in this country, and theres a core decency to this country that they got to be a part of lifting that up, and i expect they will be. In that sense they are representative of this generation that makes me really optimistic. Ive been asked ive had some off the record conversations with journalists, you seem like youre okay but really, really, what are you thinking . [laughter] and ive said, no, what im saying really is what i think. I believe in this country. I believe in the American People. I believe that people are more good than bad. I believe tragic things happen, i think theres evil in the world, but i think that at the end of the day, if we work hard and if were true to those things in us that feel true and feel right, that the world gets a little better each time. Thats what this presidency has tried to be about, and i see that in the young people ive worked with. I couldnt be prouder of them, and so this is not jt a matterf n drama obama, this is what i really believe. It is true that behind closed doors i curse more than i do in public. [laughter] and times i get mad and frustrated like everybody else does. But at my core, i think were going to be okay. We just have to fight for, it work for it and not take it for granted, and i know you will help us do that. Thank you very much, press corps. Good luck. With a calm, relaxed and optimistic end note, president obama facing the White House Press corps one last time as commander in chief during what appears to be a 50minute long final news conference. He did a bunch of things, gave a nod to president elect and effort to create jobs in america. He defended commuting the sentence of private Chelsea Manning who is serving that 35year sentence for the 2010 leak of secret military documents that some people say put wikileaks on the map. President saying we should have a constructive relationship with russia but in regards to the middle east, he took a swipe at israel saying i dont see a solution for israel where it stands as both a jewish state and democracy. You know that is the complete opposite of how the president elect donald trump feels. With me listening in on all of that, Simon Rosenberg and republican strategist ron christie. Before we get to that, i just need to let our viewers know, in a complete opposite move in breaking news, the u. S. Dollar is hitting a big gain, the biggest in a month because janet yellen is speaking right now in San Francisco, guys, and i wanted to let our viewers know that her comment specifically juicing the dollar, complete opposite of yesterday when donald trump said the dollar is too strong is that fed funds rates will be 3 by the end of 2019 right now were at threequarters of a percent. Were on track for lots of rate hikes and that is moving the dollar to session highs, biggest gain of the moment. Back to the news swirling around all of this. Interesting tone talking about a bunch of issues, but simon, what is the crux, the crucible that comes out of all this . This was an emotional event for me. I was a very early obama supporter. I worked closely with his wife, in the government for all eight years, emotional day for democrats, the only thing i will say is today the cnn poll said that 65 of the American People believe this presidency was a success. One of the highest recorded in american history. I agree and i think the country is better today than when barack obama came to washington over eight years ago. You know, there are two polls out that show him with Approval Rating with the six handle, as we say on wall street, trading up around 60 when george w. Bush left, he was at 33 . Two different presidencies and there was the financial crisis that bush had endured certainly, but looking at this, donald trump comes in and what must he do to continue to have the positivity, hes already gained points with the American Worker and of all groups Union Workers too where hes defending those jobs, what needs to happen next . Good afternoon, liz, i think the very important thing that president elect trump needs to do is make good on promises to the American People. I remember from day one in the Bush Administration from 2001, the president was very resolute of these are the promises that i made, these are the things im going to do if you give meet privilege to serve as your president , and he delivered on that. What president elect trump needs do is be very decisive to work can democrats and congress toa chief some of the things he set out to do. I think president elect trump has a short run way and people are going to be expecting him to deliver much, much quicker than perhaps his two predecessors in office. Trish he struck the magnanimous tone and had advice for donald trump, he said the jobs not easy. Heres what he said. This is a job of such magnitude that you cant do it by yourself. You are enormously reliant on a team, your cabinet, your senior white house staff, all the way to fairly junior folks in their 20s and 30s who are executing significant responsibilities. To the wouldbe cabinet simon, the Trump Administration is trying to get some of these people confirmed and you start having all kinds of events today, wilbur ross asked about climate change. I dont understand why democrats and i know they have to do their due diligence, i understand that. But atome point you got to give him a cabinet he can work with when he starts on the job monday . Yeah, i mean, look, democrats, both parties always have a responsibility to fully vet the candidates. Weve got to kick their tires and i think in this case, its particularly important for the democrats because so many of the nominees for the cabinet did not go through the traditional vet. They didnt go through fbi background check before the hearings, they didnt go through the normal ethics vets. The democrats had a higher than normal obligation to kick the tires on the incoming cabinet officials and i think this is how our democracy works. I dont see it in a partisan way at all and, in fact, almost every one of the republicans are going to get through. I dont think youre going to see democrats knocking out. I think tom price is in trouble, i dont know, and certainly there are others that may have bumps along the road. Almost all of the cabinet secretaries are going to get through and President Trump is going to have his government in place in the next few weeks. You think theyll all get through . Most of them. You got tom price going through the ringer in what is really a courtesy hearing because the real Senate Hearing that will approve the hhs nominee is next week. I do think hell get through. I think dr. Price, todays exercise is about political theatrics, you certainly saw senator sanders and the other folks up there trying to poke holes in him. This is a new administration, the incoming president has the right and the obligation to have the cabinet officers surrounding them and given the Nuclear Option that senator harry reid, former Senate Majority leader imposed on the United States senate is a simple majority rather than a 60vote threshold. There will be 51 votes to confirm dr. Price as next secretary of hhs. Definitive statement. Thank you very much, Simon Rosenberg, always a pleasure, ron christie, a good friend of the show. Thank you very much. This final president obama news conference, boy, a little of the limelight stolen by janet yellen who is right now at this moment in a q a process over the Commonwealth Club in San Francisco. Were monitoring it but boom, she said that by 2019, were going to have Interest Rates at 3 . Were at three quarters of a single percent right now. The dollar took off, oil is lower at the moment. I need get to phil flynn, our oil guy. Put on your dollar hat, too. Were looking at headwinds at the moment, interesting. We are, janet yellen saying the economy is big enough to put the big boy pants on, start raising rates. People view this as political. Under the obama administration, they did nothing but cut rates, cut rates, and, of course, donald trump has been very critical of janet yellen. One must wonder if theres a little political element to her statements. Listen, i agree with her, i think the economy is well timed. We need to start raising Interest Rates but donald trump has trouble with the rising dollar. But donald trump also has feld that they were out of emergency state and needed to see rates rise. He was happy with janet yellen not raising rates, now saying the runway is clear, lets go, and completely unintended effect on the dollar because yesterday the dollar hit a six week low when he said it was too strong. He may be saying be careful what you ask for janet yellen, im going to give you the strong dollar. Yeah, listen, im saying, listen, i think janet yellen is sayg t right thing. Rates at 3 in 2019 and high time. It does provide a problem for donald trump. Donald trump is trying to bring jobs back to america. That means he wants to export more goods, thats going to be tougher with a strong dollar. Okay, and maybe have a banner so people understand exactly what she said. Rates will hit 3 by 2019. Oil is down in the aftermarket down about 2. 5 , it appears weve gotten numbers from opec. Opec figures are showing output fell by 221,000 barrels. Nowhere near the barrels they said to make the price go up. Im happy with the price down, phil. Im happy, too. That was for december. The opec Production Cuts werent supposed to start until january. We are today from the opec secretarygeneral, and he said so far, so good. Actually the early data on the opec compliance is showing it could be the best ever to an opec Production Cut in history. So well see if it holds up with shale production rising, but early on it looks like compliance is good. There are many parts to the puzzle and if the u. S. Continues to have freedom on how much we put out, keep the price down, which is good for the consumer. Phil, thank you very much. Phil flynn. Closing bell 28 minutes away. You notice i havent mentioned the markets, why . Were languishing, down 36 points. Stocks hit a slight speed bump over the past couple of days, at 19,789. Red on the screen but the s p is up just under a point, the nasdaq better by six. Donald trumps pick to head up the health and Human Services committee, dr. Tom price, also a doctor getting a full checkup from Senate Democrats hoping to save obamacare from the repeal coffin. And were still only getting Broad Strokes from the lawmaker and former orthopedic surgeon, what will replace obamacare. Cochair of the doctors caucus phil row, dr. Phil row, we hope he will tell us how the republicans plan to heal the gaping wound the democrats say will be left in the Affordable Care acts wake. Countdown will be right back. Your Insurance Company wont replace the full value of your totaled new car. The guy says, you picked the wrong insurance plan. No, i picked the wrong Insurance Company. With new car replacementâ„¢, well replace the full value of your car plus depreciation. Liberty mutual insurance. Liz we need to take you right now to San Francisco because what janet yellen, the fed chief is saying right now, is moving markets, specifically the dollar. Donald trump of course had campaigned on creating jobs for lots of different groups including innercity africanamericans. Janet yellen is actually talking about demographics and jobs for different groups right now. Lets listen in. The aging of the american population. The retirement of the baby boomers is one of the important trends that is going to be affecting and already is affecting our economy. One way which were already seeing impact is the rate of labor force participation, the fraction of the population participating in the labor market has fallen substantially and is expected because of demographics, to continue declining. Were also seeing slow growth in the labor force which is pushing down estimates of the rate at which the economy is capable of growing over the medium and longer term. My colleagues, for example, now estimate that the longer run normal, real growth rate of the economy is probably going to decline to slightly under2 , which is low by historical standards. Of course the aging of the population makes a great deal to patterns of spending and, is an important reason why we should expect health care, the health care sector, to be expanding, as retirees, obviously consume substantially more health care than other elements in the population. And as you mentioned, Retirement Savings is of course an important issue, regrettably, i think Research Shows that Many American families are not wellprepared for retirement and will continue to be disproportionate share of families heavily reliant on Social Security as their primary source of income. Being overwhelmed here with learned questions that rest on facts not in evidence. [laughter]. Bear with me a moment. Can we, i would like to draw you out a little bit on area of policy clearly not within the feds bailiwick but may impact the world that you have to deal with, and this has to do with trade and particularly, there has been, in a way that probably not been seen in recent elections, certainly in my lifetime, trade was a major, a Major Campaign issue. Or, at least a campaign slowing fan or set of slogans. I am wondering how, you dont handle trade, you do handle the dollar and Exchange Rates impact your world a lot, and the dollar is very strong right now. The pound was a buck 24 yesterday, which is very unprecedented. Im wondering if the continuance of policies, to have the effect of forcing the dollar upward further, how does that begin to ripple through into your world, and what should we be looking gore . Well the value of the dollar is an important influence on the economy. And its one of the factors that determines the magnitude of a countrys trade deficit. So, the fed does Pay Attention to the value of the dollar when we try to forecast the economy although we dont in any sense target the economy. Our objective as he emphasized in my report try to achieve maximum price stability and we try to take it into account. One of the factors that influences the the value of the dollar is divergence in Interest Rates across countries which in turn partly reflect different paths for Monetary Policy and the underlying strength of one economy versus another. So you referred to the substantial runup weve seen in the dollar over the last couple of years. The u. S. Economy enjoyed faster and stronger recovery than many of our trading partners advanced nations. And a consequence of that is u. S. Monetary policy has begun to tighten slightly. It is expected, as i mentioned that well stay on a gradual path of rate increases. And and that expectation in the market of growing divergences between u. S. And foreign Interest Rates liz janet yellen talking about trade but also about the strength of the u. S. Dollar. Listen, the big news started yesterday with the greenback where donald trump says, just too dang strong t plummeted to sixweek lows. Now it is marching back up, erases all of those gains and more as janet yellen simply says, hey, it is time to raise rates. By the end of 2019, well have fed funds rates, the overnight rate that banks charge each other and affects Interest Rate on what you guys pay for things, credit cards, student loans, car loans, et cetera, 3 by the end of 2019. Very positive for the dollar. So much for any kind of a loss from yesterday. Closing bell, were 15 minutes away. The markets are down but not out. We have the dow down 28. S p is gaining two, not something to completely write home, about, folks, im eloping, getting married, yea. We have pulling back on yellen news by 10 bucks. Health and Human Services nominee tom price asked earlier in the confirmation hearings, repeal, then what . Cochair of the house gop doctors caucus, phil roe on what fellow republicans will be to unwind and rebuild the Affordable Care act. He is not only a congressman but a doctor and he is smiling. I hope he has news for us. Countdown coming right back. Your Insurance Company wont replace the full value of your totaled new car. The guy says you picked the wrong insurance plan. No, i picked the wrong Insurance Company. With Liberty Mutual new car replacementâ„¢, you wont have to worry about replacing your car because youll get the full value back including depreciation. And if you have more than one Liberty Mutual policy, you qualify for a multipolicy discount, saving you money on your car and home coverage. Call for a free quote today. Liberty stands with youâ„¢. Liberty mutual insurance. Were Compassionate Society. No worry not a Compassionate Society in terms of our relationship between poor and working people our relationship is worst on earth. Im youre aware vehicle being used to repeal the Affordable Care act this is not small bees piece of legislation. This is the republican budget. You guys want to end expansion of medicaid. That has people in minnesota scare out of their mind. Liz scene from last nights ufc fight . Or just another Senate Confirmation hearing . This is how it goes. This one for health and Human Services nominee tom price, no matter who was doing the grilling we still didnt get a firm outline of president elect trump and team are crafting to replace it. With us now, somebody who promises me who will do that, cochair of the republican doctors caucus, Tennessee Republican congressman, real dr. Ph, dr. Phil rowe. What is it . I was hoping everybody would get passed out a sheet of here is at least an outline what will replace obamacare, because that is the big question, dr. Rowe . It is,. David, 30 seconds. The reason you cant pass it out right now. We passed a budget agreement last week as everyone talked about. In the budget reconciliation action the Senate Parliamentarian determines what can be in the package. Well have see what is okay, repeal the mandate fee, whatever that is. Number two, when dr. Price who is one of the most decent, honorable, competent people i met, is confirmed as hhs secretary, then we the stroke of a pen can do certain things like eliminate the 10 essential Health Benefits which run the cost to the ceiling. What is left after that, we have to legislate. That part,. David, will be harder because it will hit 60vote threshold in the senate that might be across state lines, songs health plans, malpractice reform, transparency, highrisk pools, all of those things. Liz listen he did say repeatedly the construct that replaces will be different. A lot of people certainly hope so because they didnt feel the obamacare plan is certainly right on point. Every time people said, what about it covering people with existing Health Problems or 26yearold will lose coverage. He said the reason some was not in my previous plans because im working with Insurance Companies. Dr. Phil rowe, if yall are depending on Insurance Companies to be openhearted, leave it up to them and theyll take the way out that they took in the 80s, which is denying a lot of coverage and denying a lot of guesses, oh, this patient needs this. David, i did a very poor job in 2009, my first term explaining preexisting condition problem. We all agree on that. Were going to cover preexisting condition issues. Liz good. I saw it as doctor, allowing 26yearolds when the Affordable Care act was passed, 26 states already allowed that. So that is something that is going to be in there we feel fairly certain. Those two issues people worried about whether it is highrisk pools we covered or expanding coverage across state lines. Making insurance pools bigger, that part will be covered. I feel fairly confident, very confident that will be covered. Liz how much will be shouldered by the government as far as paying for it is concerned . For very poor people, obviously medicaid expansion, it is all covered. We went through this in tennessee, this Health Care Expansion 20 years ago. What happened to obamacare ive already seen this, it is going to fail. Not a matter of fixing it. This plan can not succeed, in our state this last year, our major insurer, blue cross pulled out of memphis, nashville, chattanooga, three largest markets in the state and rates were up almost 60 . So it is going to fail under its own weight. Republicans are here to transform the Health Care System to make it more affordable and more patient centric. David, i practiced for 31 years, doctors and patients, not Insurance Companies and government should be making health care decisions. That is where free markets come in. That is what we believe in. What Bernie Sanders said on the leadin is absolutely wrong. Poor people are not treated better in cuba and United States and other countries. He is dead wrong about that. Liz well, in the end people should find at least some comfort in the fact that tom pryce is a doctor. He has been there. He knows, and at some point, given the choice, you want a politician or a doctor covering this issue, it sure would be nice to have a doctors perspective. Thanks to your perspective, dr. Rowe. Thanks,. David. Liz anytime. Dr. Phil rowe, republican congressman from tennessee. We have the closing bell five minutes away. It looks like the dow is stuck down 25. Goldman sachs one of those stocks that came out with numbers today. Listen, you could say it is holding the market a little stiff here. We have s p and nasdaq moving higher. Nasdaq coming right back. When youre close to the people you love, does psoriasis ever get in the way of a touching moment . If you have moderate to sere psoriasis, you can embrace the chance of completely clear skin with taltz. Taltz is proven to give you a chance at completely clear skin. With taltz, up to 90 of patients had a significant improvement of their psoriasis plaques. In fact, 4 out of 10 even achieved completely clear skin. Do not use if you are allergic to taltz. Before starting you should be checked for tuberculosis. Taltz may increase your risk of infections and lower your ability to fight them. Tell your doctor if you are being treated for an infection or have symptoms. Or if you have received a vaccine or plan to. Inflammatory bowel disease can happen with taltz. Including worsening of symptoms. Serious allergic reactions can occur. Nows your chance at completely clear skin. Just ask your doctor about taltz. Liz breaking news. Yellen says get used to a strong dollar. Which may be hunters u. S. Companies trying to export our goods elsewhere. Janet yellen doing q a before the Commonwealth Club in San Francisco. Immediately we saw the dollar spike on that. I want to bring in Janney Montgomery scotts mash luccini. It hurts Big Companies exporting what do you buy . You buy small caps. That is thesis we carried into 2017 into our out look. Path of least resistance, economic conditions, u. S. Rates rest of the world, is a set up for stronger dollar scenario. Depronounce the large multicap companies draw revenues from overseas markets. Put that into small and Midsized Companies domestically geared should improve because not only levered to the domestic economy and dont phase same headwinds of a stronger dollar. Liz russell, small and midcap index, seeing bump of all the indices. Up half a percent. I find that very interesting. Small and midcap, folks, less exposure to being forced to export goods. Were down 24 points for the dow jones industrials. Mark, your last comment here. What do you think . [closing bell rings] here is the closing bell. Thanks to mark luschini. Melissa and david for after the bell with breaking news from janet yellen. Liz investor remain cautious ahead of two days away. I im melissa francis. Im david asman. Here is what else we have for you this hour. There is president barack Obama Holding his last press conference in office. Responding to questions about the commuting of Chelsea Mannings sentence. Former Army Intelligence analyst serving 35 years for leaking government secrets to wikileaks

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