The coal industrys wearing off on the Trump Administrations plan to appeal a plan to limit carbon emissions. The state is heavily dependent on coal mining. Global news powered by 2700 journalists and analysts in 120 countries. This is bloomberg. Julia live from bloomberg headquarters in new york, [laughter] julia sorry. Scarlet we are 30 minutes from the close of trading. Jay powell talked of deregulation. Joe whatd you miss . Scarlet lets move on to the headlines. We begin with the tax overhaul. The Budget Committee vowed to advance it. John joins us from a third ranking republican in the senate. And a positive picture of the u. S. Economy. For investors it was his take on regulating big banks that stole the spotlight. And the trade agreement was supposed to help jump start the economy but had the opposite effect. Whatd you miss . President trump will speak shortly from the white house. Well bring you the latest when that happens. A scramble to 50. We are trying to get to 50. We do ha
Stock exchange joining us this morning, a former chief digital officer of new york city. Great to have you here at post 9. We should mention the president has signed the 1. 5 trillion tax bill into law. We will see that in just a few moments on tape playback, so keep that in mind. Dow is down 29 bitcoin hitting a record high on sunday from the peak, recent peak at least, bitcoin has lost about 121 billion of its total market value in less than a week, although, mike, you say along with plenty of others that comparing market cap and this instrument to other things isnt necessarily smart. Just a snapshot, so clearly, you know, you wouldnt want to say that much value was wiped out. You didnt exchange that many dollars for that much now lost, but still a big number, big decline. I have to know where youre coming from on bitcoin right now. Well, its one of those things people are not sure where things are going, and i just tweeted someone who said everybodys talking about bitcoin the way in
Taking your calls, tweets, facebook posts for curators. Were joined inside with Robert Wilkins to talk about how this museum came about. He is the author of the book long road to hard truth. Thanks very much for being with us. Thank you. Its a pleasure to be here. So talk of this museum began back in 1916. It took a century to be built. Walk us through the process. Back in early 1916, in march or so, gentleman named ferdinand de soto lee, created a nonprofit called the National Memorial association, and its goal was to construct a physical memorial here in the Nations Capital to honor the contributions of negro soldiers and sailors who had fought in every war from the revolutionary war on up until that time. Within a couple years the organization broadened its mission to want to construct what they called a National Memorial building to negro achievement and contributions to america in all fields of endeavor from business to education to the arts, et cetera. Essentially a National Muse
The president firing back saying quote he lost his mom also coming up the chips are down tech firms scramble to thinks of major security flaws that could allow hackers to steal the entire memory of computers undetected and counting down to the russian elections president Vladimir Putin is tipped to win in march but there are several candidates in the field ls the supporter of one of the contenders about her chances of snatching victory. Its good to have you with us we begin with that now a very public feud in the u. S. Trump versus bannan the warrior for u. S. President trump is threatening legal action tonight against former white house strategist steve bannon over what he calls disparaging statements and outright defamatory statements made in a new book a cease and desist letter has also been said to the author and the publisher trying to halt the books release the president launched a scathing attack on big. And as a result saying steve has nothing to do with me or my presidency whe
Curious discussed it in the presence of your commit treason outrageous claims reference to comments made by mr bannon false claims against the president made a huge mistake to be bashing you like you did today on twitter the president states is a great man and you know i supporting day to day i dont in the future you can prepare for that when we come to twenty twenty that jurys going to need your help. Also coming up tonight if you thought twenty seventeen was a turbulent time just wait for twenty eight tonight i will scuffs the biggest risks to the world as we know it with the euro asia groups ian bremmer. Team is by far the most dangerous geopolitical risk environment that we have experienced since we started the company some. We begin the day with scorched earth and schizophrenia im talking about the relationship between u. S. President dollar trump and his former closest adviser steve benen just a year ago the two were considered the disruptive do what taking over washington with a