The Texas Tribune festival which politico is proud to be an official media partner. Texansbune has invited to a free politics, news, and community festival. Anotherlike to thank sponsor for their sponsorship today. My colleagues and i are excited to convene important conversations this afternoon including a Playbook Exchange with the House Freedom caucus, spoiler alert, they are not for impeachment. How to fix american politics will be after that. 2020 and the border will be third in the order, and then finally agriculture in the modern world, so stick around. This brings me to our first conversation of the day, and i am honored to be sitting with this mostly distinguished panel of three of the Top Republican strategists in the country, three guys who wear the Campaign Managers for the jeb bush campaign, marco rubio, and ted cruz campaign. They are danny diaz, say hello. Hello. Hold your applause. [applause] tim terry sullivan. [applause] a little lesson through the and for terry. Plea
Controversy coming up. Another rate cut to tell you about, mornings with maria begins right now. Maria wig but this morning, joining the conversation, dagen mcdowell, founder and ceo, liz peek, great to see everybody this morning. Good morning. Maria lots to talk about, also on deck, ihs, we are talking oil, entered a bear market. Assistant to President Trump for trading Manufacturing Policy pete navarro to talk china and the fed, check out the oped and the journal about that today. 3time mlb, mvp and 14time allstar Alex Rodriguez, arod, they discuss the sports business and podcast and all things baseball, dont miss a moment of it. A lot to talk about, another rate cut overnight this morning from the philippines, look at the markets of 67, nasdaq up 40 points. Investors shaking off the trade tensions and growth worries when all said and done yesterday with dow industrials down 22 at the lose, s p in positive territory and nasdaq up almost 30 points, Fourth Central Bank in 2 days cuttin
We havent seen the Biggest Development as mexico on trade yet. Nevertheless, the mexican peso weaker and above 19. Lets see where we stand before the close. Its been a positive day in europe, right now moderating those gains. 1 10toxx 600 up just of 1 . Bonds are selling off, and yields are higher. The french 10 year yield a measly five basis points. Turkish lira one to keep an eye on. Geopolitical tensions there as well with the delivery of missiles. We will be talking about turkey and lots more throughout the next two hours. Lets get straight to that breaking news, the resignation of labor secretary alex acosta. The president is speaking with alex acosta right now. We will get to those comments in just a few moments. Bloombergs and adjutant joins us from washington, d. C. Bloombergs Anna Edgerton joins us from washington, d. C. Anna it really looks like it just got to an untenable situation for acosta. He was kind of the face of this lenient plea deal that Jeffrey Epstein had gotten
Bullet finish the session there . We will have to wait and see. Some stocks recovering from major losses yesterday, including hunts transport services, having dropped 22 yesterday. Companies like alumina, which gave a negative outlook, really getting punished today, down 16 . The 10 year yield backup to 2. 12 . That is widening the spread. Crude oil above 60 a barrel and holding. The mexican peso had been weakening. It is back above 19. The president tweeting this morning that the Biggest Development in u. S. mexico talks on trade has yet to be revealed. Stephen mnuchin in the last few minutes warning the u. S. May hit the debt limit by Early September in a letter to nancy pelosi. Once again, the treasury secretary warning that the u. S. May run out of cash in Early September. Another develop and, up President Trumps labor secretary out. One week left. Alex acosta announcing this morning he is resigning. It was a surprise appearance by the president. We are joined by our Bloomberg Nati
50s, 60s, 70s, 80s and low 90s. We have that on shore breeze, 68 in San Francisco and it that verifies, that will be the warmest i temperature this july. They have not yet got over 67 degrees. Yesterday was 67, livermore close and San Francisco in san jose, running pretty cool. San jose, livermore, san mateo and santa rosa all bumping up a few degrees and we have system in the Pacific Northwest lifting out. That is injecting High Pressure into the four corners and putting its stamp on the fall. 50s on the temperature was 60 for some already and you will see a big difference at 8 00 already at the peninsula. 50s with low 60s and the fog keeping the 60s on the coast as it kicks in for a couple of days. Sunday money we cool down again with 60s, 70s, 80s with a few 90s. It looks mostly good. A little bit of slow traffic so lets start off with the Richmond Bridge approach to san rafael. Actually, i started with the wrong thing so lets go back to the Richmond Bridge. We can go to the east or