If you live in eastern or central time zones, 202 7488000 is the number to call. Dish in thein any mountain or pacific time zones, 202 7488001. The recent column appeared in yesterdays wall street journal. The era of Big Government is back is the title. To show you some of what they wrote. Conversations with a broad crosssection of political figures suggest there is little reason to expect a return of the status quo on federal spending, or the prevailing attitude toward the proper role of government. The era of Ronald Reagan is over a democratmanuel, who served as the mayor of chicago and president obamas first chief of staff. An echo came from the other. Ide, from Stephen Bannon it is not relevant. That is some of the thoughts from yesterday from gerald cy vance john mccormick. This when itte comes to mr. Trump. Saying, long before when this crisis struck, trump had been moving the party away from its embrace of traditional conservative precepts. The Trump Administration declared that
Im talking about 100 profitability only to him and up there, but in principle you should always define some kind of fixed profitability, fixed risk, so it is accepted as zero for a certain category of states, i think that for rubles, i think that the risk of the state is accepted as zero, we have recent history, when there was a default in 1998, yes and here it must be said that people often confuse, if we remember the year ninetyeight, we need to very clearly distinguish the Monetary Policy that was pursued. The central bank before the crisis of ninety eight, after the crisis of ninety eight already since 2014, when there were free circulation has been adopted, these are actually big milestones in the development of the russian market , including the central bank, which is why we can compare the default of 1998 with all the events that followed it, not quite, well, we didnt have any events after it, not according to hamburg not according to hamburg, not even closely related topics. Th
Stateside as a special council pushes ahead with allegations, and some concern about tax reform, the implications that might mean for a key legislative win for donald trump the other big news crossing was suggestion thats overall Corporate Tax rate might end up around 20 by 2022 which is underwhelming in terms of expectations for a lore rate of 15 . Just fading on wall street also in asia today disappointment around the data sharper than expected slowdown in the factory growth orders all of that is being digested in europe as a number of corporates are crossing the tape. In the uk, were close to the 7,500 mark as we inch forward by ten points the French Market trades on the flat line. Were not showing you the dax as it is closed today the rest of the markets open, leading into the green the exception is the zurich stock market fade big 0. 1 getting into the big earnings, bp posted an underlying replacement cost profit of 1 1. 8 billion, that has beaten expectations they announced they
Capito we have very strong concerns about Climate Change domestically and internationally while promoting access to energy around. I understand and i heard your testimony before. Your policy regards their vote in international bodies. It does not regard private financing. Well, with respect in reclaiming my time i would encourage treasury to reconsider the goal truly is to deliver Energy Diversity and opportunity which we include a portfolio of coalfired power. Quickly shifting to the ogre rule. I want to focus on the ambiguity in the volcker rule and whether its consistent enforcemeenforceme enforcement. You have heard in recent days after the issuance of the rule federal governor raskin talking about how section 619 of doddfrank certainly doesnt specify enforcement standards. She indicates that the fcc made bring one perspective and the occ may bring a different perspective. Commissioner gallagher says banking agencies can employ discretion where is the sec a rule as a rule and they
Motors chair and ceo daniel son he will beer speaking on the state of the audio industry. The house has completed its legislative work for the year but it will gather at 11 00 a. M. For a brief pro forma session. Tw nominationso remain. Several other major items include the budget agreement and the bill setting out the defense policies for next year. Furthermore, we spoke this morning with a capitol hill reporter. Host thank you for joining as. This is the final week in session. Give us what we can see over the next couple of days . Theyre coming into session after he got this afternoon and to work there a couple more nominations with folks at 530 as is fairly normal on monday afternoons. We will see the confirmation of and patterson to be a state as well as the confirmation of jeh johnson to be the secretary of homeland security. That will clear the decks out to. E able to move forward it will limit debate on the budget deal with the Defense Authorization falling a little bit later in