Conflict, bbc arabic is going to explain why. Todayis today is the formal start of a major shift in power in america, we had the newly elected Congress Meeting to the first time, the republicans hold both houses, these are, i was going to show you live pictures, they dropped off, as well as congress, bear in mind, january 20, the republicans control the white house, the dynamics within the Republican Party are becoming very interesting. Republicans in the House Of Representatives had hoped to push this through, it is an amendment to weaken the body that overseas claims of misconduct against members of congress, a niche concern but it has become a symbolic issue, it went ahead despite Senior Republicans in congress objecting but then a few hours ago, we heard this. In fact, but then a few hours ago, we heard this. Infact, and but then a few hours ago, we heard this. In fact, and this is from writers, in fact, the us House Republicans reversed course, withdrawing these proposed ethics pa
Could be a huge week. Weve got that name and those details. First we kick it off with a wild start to 2017. The dow soaring before reversing. Nearly erasing all the gains. But then soaring back in triple digits at the end of the day. All this as president elect Donald Trumper sets aside the automaker. A tweet and then an announcement. Two pieces of news that certainly tie in with what donald trump has been talking about when it comes the manufacturing of vehicles in mexico and then importing them for sale in the United States. Lets start first with ford. This has been in the news a number of months. Ford announcing it is dropping its plans to build the 1. 6 billion small Car Assembly Plant in mexico. It denied that it made this move to appease donald trump. But listen. When you talk with mark, we talked with him on the halftime report. He made it clear ford had to make this decision on move forward given where the market is right now. We look at a lot of different factors. One of the f
It off of him. The family here tonight. Good evening, and its great to be back with you after the new year, and we begin tonight with the new congress where republicans are in control of both the house and the senate and soon, the new republican president. But its the president elect whose voice was heard today, or at least tweeted. Mr. Trump weighing in on a move by members of congress to try to dismantle an ethics board who worked independently to oversee congress. It happened under the radar, and it made big news as mr. Trump becomes president in 17 days. He sent a clear message to his fellow republicans, and they listened. Abcs mary bruce leads us off from capitol hill. Reporter tonight, donald trump urging republicans to fall in line with his Campaign Promise to change washington. Its called drain the swamp. We are going to drain the watch. Reporter but late last night, behind closed doors, more of the same. House republicans gutting the office of government ethics to make sure th
Good thursday morning. Welcome to squawk alley. Carl quintanilla with Kayla Tausche at post 9. Our jon fortt live at the Consumer Electronics show in las vegas. A lot to come from jon later on this hour. Joining us at post 9 this morning, elevation partner cofounder Roger Mcnamee and jonathan, barclays head of u. S. Equity strategy research. Good morning to you both. Big story is the Senate Hearing under way this hour on capitol hill, top intelligence officials facing questions primarily centered on russias purported hacking of the u. S. President ial election. Senators john mccain, elizabeth warren, tim kaine among the committee members. Eamon javers has been watching this all morning long. Fascinating headlines. Good morning, eamon. Reporter good morning, carl. There is an enormous elephant in the room here, and that is this classified Intelligence Community report on alleged russian hacking of the u. S. Election. We know that that report has been delivered to president barack obama
Like right now from our santa cruz camera. Waves are pounding the coast. A Flash Flood Watch is in effect along the Santa Cruz Mountains until tomorrow morning. Lets get the very latest on the conditions from Spencer Christian. Okay, that strong storm will be with us at least a few more hours. Heres a live look at doppler 7 and all of the bay area is covered with rain, most of it moderate to heavy. This has been the pattern the last few hours. Most of the moisture moving up from our southwest coming along with it some milder subtropical air. Its not going to be cold the next 24 hours. Check out the rainfall totals. Only 0. 07 at san jose. Over half an inch at napa, inch and a hal at mount st. Helena. Up to two more inches could fall and minor flooding is possible. A wind advisory is in effect until 1 00 tomorrow morning. Winds will range from 20 to 30 Miles Per Hour with gusts 45 to 55 Miles Per Hour especially in the higher elevations. Downed trees and power lines are a possibility. H