If you immigrated to the u. S. Five years ago or more 202 7488001. If you are a daca recipient or eligible or applied for daca 202 7488002. All others Illegal Immigrants, we have set aside a line for you as well. 202 7488003. We welcome your comments on our facebook page. Will get your calls momentarily. The week ended in washington with the unveiling of some of President Trumps proposal. Members of his administration detailing it to Congressional Staff and some congressional leaders on friday. The attorney general speaking about it and norfolk in on friday. Ginia the plan would provide a 10 to 12 year path to citizenship for about 1. 8 million current daca eligible immigrants. 25 billion for a border wall and other security measures. It would also limit what has been called chain migration to include spouses and minor children only and would eliminate the visa lottery system. We will appear more from the president and Jeff Sessions in a moment. To point out the lead editorial in the W
A lori warm welcome to the pulse. Im manus cranny. Lets take you to the site of where the next debate on greeces future will take place. This is the German Parliament where we expect the debate to start. Already, theres a little bit of this and within the german ranks a little bit of dissent within the german ranks. A member of merkels Christian Democratic Union, the systemic importance of greece for the eurozone hasnt been demonstrated. There can only be one vote, and that is no. How many of the German Parliament will vote against the outline basis for a great deal . The german lawmakers say their countrys 86 billion euro a package today. Lets move it along and get to our reporters. We are going to cross to Caroline Hyde in athens, paul gordon in frankfurt. Caroline, lets kick it out to you first. I love the line that i heard this morning. You were given a hotel bill. On that hotel bill, the rate has changed already. Caroline not happening across the board. Many of the smaller restaur
Cyber espionage. The hack of opm is the latest example. Do the chinese steal our Naval Technology and apply it to their navy, and as a corollary to that, are you aware of any evidence concerning china stealing u. S. Civil Nuclear Technology and diverting it to its nuclear navy . Sir, im not personally aware of any instances of another nation stealing our Nuclear Technology and applying to their navy, including china. That may be happening, im not briefed on any intelligence that would implicate that. I think its wellunderstood that there is Cyber Espionage that occurs. We have concerns from time to time about our cleared defense contractors for example in their Cyber Security. I think Frank Kendall and at l is working hard to tighten that up as best we k. I was reflecting on this earlier we talk about Nuclear Matters. As a sort of graduate of the Navy Nuclear Propulsion program. One of the things that has intrigue said me intrigued me over the years, the element of Human Performance th
Its going to predict how it would react under a stress event. And so was the key one of the key issues is what how are investors anticipating this . Is this part of their Investment Strategy . And do prices reflect it, and do practice Risk Management practices reflect that . I think that there are two issues we have to separate as we address the questions you offered. Is there a liquidity crisis . The first is are we in the midst of a transition from one type of market to over. If over night, we say that ever bond dealer who works in a bank can no longer deal bonds, the next day it will be a little harder to buy bounds. No question about it, and sell them as well. But what will happen afterwards, the banks will sell their operations to hedge funds to other companies, to the employees themselves and theyll get reorganized to find the capital and make money, because there are opportunities to make money when people demand liquidity, by the way, theres no such thing anywhere of free liqui
Wouldnt a level Playing Field as you said from your testimony, we have concerns about things like there is a some Data Retention obligations and we think you could do it differently. There is a best interest contract framework and weve heard feedback from folks saying it is clunky and there is a more streamlined way to do it. We have a point of sale disclosure requirement and people have said that that is not necessary. And so what weve done in every circumstance when someone said that the best interest contract is clunky, our response is tell us how to do it better. How do we retain that north star of enforceable best interest contract and still get it done and that is the feedback weve been getting and it has been helpful. And youve incorporated it. We havent made final decisions yesterday. We wont put out a rule until weve gotten all of the comments. Im confident if history is a guide the final rule will be materially different than and better than the proposal because you have to b