Welcome to Bloomberg Markets, rules and returns. We delve into regulatory challenges and opportunities around the globe. Well speak to top Market Participants generating rules. Lets dive into the Regulatory Framework here in the u. K. I spoke to Andrew Bailey and asked him about the hot topic on everyones mind and. Everyone is doing everything they can to be involved. To be out and about, making sure everyone understands what is needed. We are not finding cases as we might expect of deliberate refusal to help so i am recently comfortable with where we are. There is a lot to be done as we might expect. The rules come into effect in january. Our supervision will take over of the markets in the firms. We have done work to make sure, i expect to be taking, we will find things that are better than others, things that are going less welcome firms will tell us about that. Nejra you have already asked paperwork to be submitted by july 3. You say that many firms have met this deadline. How conc
I am glad i had an opportunity to tell them we are close to a deal that will bring the cost down significantly. Alisa james dataset said he is not opposed to buying the f35 but wants the best bang for the buck. The white house has released a schedule for president obamas last week in office. Mr. Obama will hold his final president ial News Conference wednesday. The president and the first ladys will also hold host the trumps for tea friday morning. After the inauguration, they will depart to a destination yet to be announced. Tom vilsack is leaving the Agriculture Department one week before his tenure ends. He has led the department for eight years and was president obama longestserving cabinet secretary. Sean spicer says he expects an announcement on a replacement soon. Mexico has nominated the current head of the north American Development bank, Geronimo Gutierrez fernandez to be the countrys new ambassador in the u. S. The current diplomat will become undersecretary for north americ
New details are released that the bank ignored an employed petition to stop unrealestic sales goals. Honda puts the pedal to the metal. We will tell you about it. Markets looking flat. Probably a light day in terms of trading for the week as it is the jewish new year, we wish a viewers a peaceful and happy new year. In london gaining ground after theresa may says the country plans a hard exit from the European Union. Markets in china closed for a holiday, mixed action in asia. Others fractionally higher. Stories coming up monday morning and joining me dagen mcdowell, Anthony Scaramucci and democratic strategist harlan hill. Good to see you guys. Good morning. Dagen lets talk about some taxes, the nerd in me is scheming screaming to come out. Anthony i was tweeting about it at 4 00 a. M. Dagen make sure you include photos. [laughter] dagen photos. Anthony go ahead. What were you going to say . Dagen i love that progressives are in favor of tax reform. Full on in favor of tax reform. Mar
Out record amounts of in the First Quarter. A shareholder pact is wound up ahead of time. All right. A warm welcome. This is the tuesday edition of Worldwide Exchange. Lets to get to on tuesdays show. Angela ahrendts is heading for silicone valley. Well get a closer look at the deal in just a few moments. Rio tinto is up after a bullish sign from miners as rbs morgan john wilson. Julia will be in luxembourg in around 30 minutes. And could the debt loss in washington finally be over or are investors rushing to conclusions . Well hear from a panel of political insiders at 11 45 cet. Plus, forget the debt ceiling. Theres a lack of innovation is the real threat hanging over americas economy. The former Nobel Prize Winner joins us here on set with his new book in the next hour. But first, u. S. Senate leaders say theyre optimistic about a possible deal to end the Government Shutdown and extend the nations debt ceiling. Senate majority leader harry reid said on monday theyve made tremendous
By government, confusion among the public and even confusion among the professionals. This is no different than when we were introducing paper money when the United States was going to paper money folks could be rolling out all sorts of different dollars. The greenback was the federal government trying to come in and thats why we have the secret service. They rolled it back in the 1860s and the secret service was there to nick sure this was the one currency that we had about the different banks could be printing their own u. S. Dollars. And we had lots of other confusions when we rolled out the instruments. The archery stocks. They were in this piece of paper entitles you to a portion of this company. Just like we had Security Issues for thi bitcoin, the stock certificates saw all sorts as one of the classic incidences. I watch a lot of Turner Classic Movies and it seems like every other movie is about someone perpetuating some stock fraud. I worked in hong kong for a while and you wou