December 22 was sent to the president s desk. President trump just signed the bill after yesterdays praising congress with congressional leaders. Many republicans worry the shortterm thanks could give the democrats leverage. We are on capitol hill with the latest. Is this because the spending bill to get all next up with the tax reform bill . Sahil it is unlikely. They have to operate separately. He cant but the spending bill the reconciliation because he goes through different process. The debate will get mixed up with the tax bill now that republicans have cleared some space to work on that while giving themselves just two more weeks to negotiate a government funding bill. They half to get a deal with have to get a deal with democrats on spending levels, nondefense spending and defense spending. There are a bunch of military hawks that want to raise the dollar forel without dollar increases in domestic discretionary spending, which democrats are demanding. Yes, republican said given
Shooting was stopped on the 32nd floor of the Mandalay Bay Hotel. That suspect was confronted by police and is now dead rumors of other shooters are false. The only explosive device was used by police to go after the suspect who has been taken down. They identify the suspect and did not release his name yet theyre looking for his roommate, a woman named mary lou danly. In the meantime, lets get a check on the markets up again this morning i was talking with wolf earlier about the trump trade. The dollar, the yield today sharply higher up 31 points. Yield curve is widening a bit, too. Steamening, yeah. You saw 14 so far for the year for the dow. 14 . Remember mid to high mid single digit return is what people have been saying. Better than the nasdaq closing at record levels on friday. Good quarter. Got a quarter left october, november, december. Maybe we still do only get 7 but we have to be down the and the trump trade is back on i guess the introduction of weve got an idea what the ta
Number one fan. They finally meet. Im shaking. This is the cbs evening news with scott pelley. Pelley we have breaking news tonight. A federal Appeals Court in San Francisco has ruled against President Trump. Trumps ban on refugees and travel from seven predominantly muslim countries will remain on hold. Mr. Trump, who once vowed to ban all muslim immigration, says this limited ban is essential to americas security. Yesterday, before the decision, he ridiculed the Appeals Court judges, saying that a bad High School Student could understand the law better. Our chief Legal Correspondent jan crawford is following the case. Jan. Reporter well, scott, weve just gotten a copy of this opinion. Its 29 pages. It appears to be unanimous. Its unsigned. All three judges in agreement rejecting the administrations arguments that it should reinstate that travel ban while the courts considered whether or not it was in fact constitutional. Now, the Trump Administration had urged the Appeals Court to re
Number one fan. They finally meet. Im shaking. This is the cbs evening news with scott pelley. Rejecting the administrations arguments that it should reinstate that travel ban while the courts considered whether or not it was in fact constitutional. Now, the Trump Administration had urged the Appeals Court to reinstate that ban, saying that courts typically give broad deference to the president on matters of national security. Thats a pretty powerful argument. But the Appeals Court in this decision said, yes, while courts do give denchance to president s, their decision are not unreviewable, and then it proceeded to review all the arguments against the travel ban that were being made by two states, washington and minnesota. And it looked at those arguments and the arguments were many constitutional arguments, including due process and in fact the religious ban amounted to rdiscrimination, and it concluded that there was no evidence that the government a strong likelihood that it would
Loss, departments and agencies that carry out the policies. It was not always the case. Trumane 1952 president wanted to bring into the white house both the republican and democratic essential nominees to meet with his cabinet and white house staff members, he met with a partisan divide. He had wanted them to come in because he found when he came into office, he was unprepared. He came in january of 1945. Roosevelt died in april, and truman knew nothing of the atomic bomb. Seared by that experience, he wanted to bring people in so they would understand what was ahead of them. Adelaide stephenson accepted, but general eisenhower turned down trumans invitation, in large part because he said he was running against the administrations programs and from the public would be coming into the white house when he was running against it. Truman was very upset. He sent a handwritten note, which she would sometimes do because he could slip by staff, and they would not see it and stop him. So he had