Clearing the path for tax cuts. Its front and center right now. We are about to see some real action. It is on track to happen tonight and if it passes that paves the way to tee up tax reform but do we have that. We are looking at life pictures from capitol hill. I know i am the warmup for sarah sanders. What did you had packed for tonight. In advance do you think thats good to be a long vote. I think were actually can start voting in a few moments. The big news to me is the republicans in the senate are acting like a team today and we have the votes. We will have near unanimous public votes. Maybe a lot earlier. If it starts in a few minutes. Sarah sanders is speaking. We are going to wait until she gets until she gets to some other issues. I think we have the votes who knows. Rand paul of kentucky is still a question mark. I dont know about that particular senator but i think youre right. The rest of us are on board and yes we had have this happen before. The repeal and replace of ob
Federal reserve governor Jerome Powell will be the one to get the nod to replace janet yellen, who actually was up for it. There is a mystery here, why replace janet yellen with basically what many experts see as her identical twin when it comes to the pace, you cant be if youre a guy, fraternal twin when it comes to the pace of Interest Rate hikes . Powell in lockstep with janet yellen on just about anything. What dont we been him that makes him President Trumps number one choice . Powell would be by the way the first fed chair in four decades without an advanced degree in economics. No ph. D. Either. He is a princeton grad, law degree from georgetown and wealthiest Federal Reserve chair since 1948 with a career spanning from wall street to washington. Hes been a fed governor since 2012, a former assistant treasury secretary i believe under Nicholas Brady and former partner at private equity firm the carlyle group. Charlie gasparino in the newsroom, way out in front of the fed chair s
App store in terms of design and seeing what your friend are saying. Whatsapp is doing pretty well. Adam stock is going up. They havent told us how they will make money because they dont like advertising. Thats right. Adam nicole, youre looking at other stocks that could benefit or lose because of this deal. What have you got for investors . This is 19 billion blockbuster deals and some other names besides facebook are in some way, shape or form, going to have some sort of a correlation. Llts look at some internet providers and some of the cell phone carriers and see how they are faring on this day as we look at names like comcast and cablevision. You can see all up airarrows across the board. Granted one of those riskon kind of days. Time warner up 1 . Charter communications up 1. 7 . Cablevision also a winner. Here are some cell phone carriers as we talk about this blockbuster Messenger Services that is going to be occurring. You obviously see the cell phone carriers due to be benefi
The financials, names like bank of america and jpmorgan hit highs and pulled back by the end of the day like the s p 500 that broke tho with a new high today and now finishing in the red. Liz the closing bell, cant ignore general electric, a leader on the dow, up more than 3 selling off what it owned of nbc yon veer sal, and here we go, the closing bell rings right here on wall street. See how stocks are finishing up, ashley, and the dow came off the close here. Not bad. Who came back was the s p 500 punching into positive territory by a fraction as the numbers settle. Could change, but focus on the nasdaq, not a huge move of 10 points, yesterday, the nasdaq was lagging. Today, moving higher and seeing a bigger move at the end of the session. Ashley mcdonalds weighing down the dow with the higher minimum wage. Groceries a move to the downside. Ten year yield rising four points closing above the 2 mark, hitting the highest level, by the way, in ten months. Liz financials were one of the