Washington. Let me begin with a story about the Vice President hiring outside counsel. A distinguished lawyer from richmond, virginia. What does this say . I think it says what is likely to be a pattern inside the white house. Members of the senior staff who have been around President Trump as he has discussed various aspects of the Russian Investigation and his feelings toward it could end up being interviewed by the special counsel, and they are going to need their own outside counsel. The president has outside counsel at this point. The fact the Vice President has decided he needs it i think will be taken as a signal to everybody inside the white house who might have some knowledge, culpability, whatever you want to call it, that they will need it as well. Charlie it should not be presumed they have anything to hide. It should be presumed in todays world you need someone who understands that world to guide you. I think that is right. I think part of it is also a way to compartmental
Washington. Let me begin with a story about the Vice President hiring outside counsel. A distinguished lawyer from richmond, virginia. What does this say . I think it says what is likely to be a pattern inside the white house. Members of the senior staff who have been around President Trump as he has discussed various aspects of the Russian Investigation and his feelings toward it could end up being interviewed by the special counsel, and they are going to need their own outside counsel. The president has outside counsel at this point. The fact the Vice President has decided he needs it i think will be taken as a signal to everybody inside the white house who might have some knowledge, culpability, whatever you want to call it, that they will need it as well. Charlie it should not be presumed they have anything to hide. It should be presumed in todays world you need someone who understands that world to guide you. I think that is right. I think part of it is also a way to compartmental
Power lunch starts right now welcome to power lunch, who knows why stocks are down today. One plausible speculation is they got nervous over President Trumps threat of going to the wall the dow and s p and nasdaq down about a quarter of a percent nothing big but a little bit of a pull back after yesterdays major rise transports taking a hit on pace for their first negative day in three and bumping up against their 200 day average. Railroads and airlines leading the way down as you see there. Check out the Home Builders etfs attract under pressure new home sales are tumbling more than 9 in july. We begin with politics and President Trumps speech last night in phoenix his rhetoric to some off the wall but the focus was absolutely on the wall the president stated willingness to force a shutdown over it if funds to help pay for the wall are not included in budget resolutions. The president will be speaking again today at 2 00 p. M. Eastern. Well bring that to you live from nevada when it b
Technology giants where the money has been flowing at all of the big names open today at new highs. Euphoria in the world of money. Politics a different story. President s reagan and bush got there tax cut billed by mid february, the trump bill is late. Republicans on tax form are divided. The media remains as contemptuous as ever especially the Washington Post. Look at this. I didnt think i would ever lead the cia but because of trump i quit. The Trump White House is already cooking the books. Outspoken opposition to the president but the trump stock rally roles on. 55 approval for the president in the resolution poll. Varney and company about to begin. This is now the white house, new plan on immigration expected very soon. We have a couple details. Ashley what we hear from senior admin a station official, quote, we will have a big immigration launch, not a new executive order. Not to do with the travel ban. A renewed version of that, basically getting more aggressive to target crimi
The firm that promises to make employing people easier. Hell explain how. Today we want to know, what are your questions about brexit . Well be answering your questions on this fridays edition of Business Live. Let us know. Just use the hashtag bbcbizlive. Welcome to the programme. We start of course with brexit as the massive task now begins of agreeing the terms of britains departure from the european union. Theres a huge amount at stake for businesses here in the uk and across the remaining 27 eu countries in the form of a trading relationship Worth Hundreds of billions of dollars a year. A failure to strike a trade deal would be damaging to all sides. But who really has the upper hand . Lets look at the numbers. In 2015 the uk exported 274 billion worth of goods and services to the eu. Thats 44 of all the uks exports and represents 13 percent of the entire british economy. Lets look at it the other way. The eu exports far more to the uk than vice versa 360 billion worth in the same