Elizabeth warren and she is a big opponent of trumps and is meant to protect consumers, an offshoot of doddfrank, so president elect trump has talked about rolling back the ugly some of doddfrank. Is it going to survive or not . Elizabeth warren paid a visit to the offices of the bureau the other day to kind of boost morale. Oliver this is almost visceral to think about what will happen in politics because they will be opposed to the republican stands like Elizabeth Warren and it will be interesting to see the financial groups. Ellen and also how people react to it. In our story, one person we talked to points out that the bureau is the Consumer Protection bureau and has helped many people recoup money they have lost, they have changed fees that are protecting consumers, so one person likes a point that the various people who will be hurt by this are some of the people who voted to mr. Trump. Oliver this is almost like a special election part two. Another stories about steelmakers and
At Consumer Financial Protection Bureau and if it will survive a Trump Administration. Ellen it is the baby of Elizabeth Warren and she is a big opponent of trumps and is meant to protect consumers, an offshoot of doddfrank, so president elect trump has talked about rolling back some of doddfrank. Is it going to survive or not . Elizabeth warren paid a visit to the offices of the bureau the other day to kind of boost morale. Oliver this is almost visceral way to think about what will happen in politics because they will be opposed to the republican stands like Elizabeth Warren and it will be interesting to see the financial groups. Ellen it is hard to know how people react to it. In our story, one person we talked to points out that the bureau is the consumer Protection Bureau and has helped many people recoup money they have lost, they have changed fees that are protecting consumers, so one person likes a point that the various people who will be hurt by this are some of the people wh
Lacqua. European markets little changed after drops. Lets check in with mark barton. Mark lets start with the stock xx 600. Lower, higher, coming down once again. We fell by 4. 8 last week, easily way to get the gains of the prior two weeks, amounting to 3. 8 . Still, the index is down by 11 this year, one trillion euros, on track for its worst year since 2011. The macro highlight of this week is janet yellen, appeared before congress. She is going to have to strike, francine, some sort of balance andetween caution confidence, but the domestic economy is in good shape after those jobs numbers on friday. This is the Interest Rate projection, fed fund futures now saying we will see a 53 chanc e of a said rate hike in december chance of a fed rate hike in december. This is thursdays figure, below 50 . There is now more than a 50 chance that the fed will raise rates in 2016. We have the economy adding 151,000 jobs last month, average earnings rising the most in a year, which has got people
Power struggle with the president. The market is about to open in istanbul. Things willyou how set up. Half an hour from European Equity trading. Lets take you to the calculations. The ftse 100, a bunch of stocks. Ep the main one to keep an eye on. We need to show you the aussie dollar. Clearly, the change at the rba is one of the talking points. Rates are at a record low. Keep an eye on the lira. That is what is happening. A massive move yesterday. We have a press conference at 11 00. Trading up 2 . The hang seng down. His market, just opening. Ahead of the press conference. We will be covering the story throughout the morning. We will come back to that. Lets get you your news. Juliette optimism still outranks pessimists. Earlier, the China Council meeting said more needed to be done to prevent promote private investment growth. Investorsys have been piling into futures, pushing up prices and volumes. The tightening of rules and in some cases, the cutting of trading hours. The brazili
Speaking about something very relevant to what you have worked so hard on. I want to talk about the book and the broader economic context of china and the word about hank paulson. I know something about the stress and policymakers behindthescenes. I dont think anyone put this country on a footing for the future. Writing here about his perspective is a policy maker with his long experience in china. The hundred visits going back years and years. And so the perspective from the private and Public Sector come together as we assess our greatest economic rivals in the banker, and until very recently banker of uss. Secretary paulson, thank you for being here. Thank you. It is my great pleasure to be here. I thank you all for being here and for waiting. I waiting. I am looking forward to the conversation. Dealing with china is a fascinating insight. The president s News Conference trying to explain the Transpacific Partnership , the fasttrack that he has just gone with divided democratic supp