Know how to make your interviews. I have learned, from doing my interviews, how leaders make it to the top. Jeff i asked him how much he wanted. He said 250. I said fine. I did not negotiate with him. I did no due diligence. David i have something i would like to sell. [laughter] you dont feel inadequate being now the second wealthiest man in the world . Is that right . [laughter] about a decade ago, a young entrepreneur, Brian Armstrong, who was working at airbnb, left that company to start a company to trade cryptocurrencies. The company he started, coinbase, became one of the hottest ipos on wall street. This year, because of the ftx meltdown, coinbase has had some challenges. I sat down with Brian Armstrong to talk about the future of his company. So, for those who dont know much about cryptocurrencies, what exactly is coinbase, and what does it do . Brian so, coinbase is the primary financial account for many people participating in the crypto economy. We help people buy and sell
And the twins joined the ranks of the worlds billionaires. Thanks to bitcoin. They took a why chance on cryptocurrency. First, to our lead. Net neutrality is no more. The fcc voted to repeal the obama era internet protections designed to keep rock band providers from favoring content. Vote was 32 to end the protections. The book vote came amid protests from defenders of the rules, who say this will create have sent havenots when it comes to accessing content. The fcc chair held heralded the return to what he calls a freespeech market approach, saying it is time to restart internet freedom. Framework that has governed the internet for most of its existence. Joining us now, one of the people who voted to repeal it, brendan carr, who was nominated by president trump. Day,aid today is a great many say it is an awful day. What dont they understand . For the question. It is a great day for consumers, innovation and freedom. There is a lot of apocryphal reddick rhetoric out there. We are voti
Cuspfeel they are on the of what they feel is their first major legislative victory. In the last hour, they are releasing a poll that 47 americans feel their taxes will increase. I spoke with dave brat who told me he feels replicants have to go on offense to try and convince votes this is a good plan for them. It becomes a mess shaking messaging war. Scarlet did they try to delay this vote . It is not going to do much in terms of putting it off the table but they had tried to raise different questions. They surly did not want to make it easy for rubble gens or seem like they are just sitting on their hands. They staged this big rally on capitol hill. Ultimately they probably want to tie the republicans to the effects of this bill in the 2018 campaign. They are saying bring it on. So unpopular . This when questioned, gop members say it is going to be fine three when the results come in and people start to see pay increases it is going to be fine. What gives them that confidence . They h
Stocks giving up early gains ahead of the tax vote. The dow transports did manage in an intraday record high before turning lower. Energy and Consumer Staples the best performing sectors. Real estate utilitys the biggest laggards as we are seeing the biggest rise in the ten dayyearold darden restaurant rallying, beating earnings estimates navistar is soaring to 10 the truck maker comfortably beating profit estimates revenues also beat navistar calling 2017 a breakthrough year of the company. Shares of chicago iron tanking, being bought by Mcdermott International for 6 billion in stock. The two companies provide construction and Engineering Services for the oil and Gas Industries that stock down almost 7 . Thank you very much, melissa. Welcome everybody, im tyler mathis mathisen we begin with breaking news. The house all set to vote on the big tax bill in the next half hour the biggest change to the u. S. Tax code since 1986 or thereabouts. It will affect every business and every househ
Housing startswere pretty soli this morning roadmap begins with that record run for the markets. The dow has now closed at a record 70 times this year. Will the rally push through year end amid turmoil in d. C. Speaking of records, the nasdaq breaks through 7,000 for the first time were going to take a look at the names driving that index higher. And downgrade for apple has the stock down slightly and hot holiday item that is sold out. Weve got the latest first up, futures are on the rise after another historic day for stocks, including the dow posting the record close of the year the house is expected to vote on the tax reform bill later on today. Looks like pretty clear sailing and Senate Begins a mandatory debate but pretty much with colins and corker and lee, this thing will get done. I think that people are driven by estimates. And i had United Rentals last night. United rentals immediately gets more cash. What are they going to do . Put more people to work, buy back more stock. W