I think its the wrong move for Senior Citizens of this countryv who depend on medicare and orsi medicaid, people of all ages. Its clearly the wrong move for our country. I yield the floor. The senate is now debating the nomination of steven minh ah nguyen to be the secretary of treasury. This is yet another nomination on which the majority has walked away unfortunately from a 20 year approach when it comes to the vetting process. Vet the vetting issue came up and both sides of the finance committee carried thee investigation out to its conclusion, the situation has turned out quite differently this time. There were several properties il the United States and abroad where there was a hundred Million Dollars missing from the disclosure. He failed to disclose several in he m he misled the public and the committee about the foreclosure tactics and he appears to have hidden key data requested by members of this body. Frankly, i dont believe these investigations wouldve been uncovered at all
Is now debating its nomination of Steven Mnuchin to be the and this of treasury is another nomination on which the majority has walked away unfortunately from a 20 year bipartisan approach when it. Omes to the vetting process in 2009, when geithner was the first treasury nominee, a vetting issue came up in both sides of the finance committee carried the investigation out to its conclusion, but the situation has turned out quiet differently this time. There were several properties in the United States and abroad where 100 million in missing Steve Mnuchins disclosure. He failed to disclose several areas several positions. He misled the public, he misled , and he appears to have hidden key data that was requested by members of this body. Frankie, i dont believe these investigations would have been uncovered at all if not for the work of the investigations team. Themajority however, looked other way, and the vetting process was ended prematurely. So the vote on this nomination is eminent.
Warner and 85 billion deal is more consolidation ahead . Plus, getting that deal approved calls for scrutiny and Consumer Protection already coming from washington. Lets listen to how both ceos are pitching the transaction. And Goldman Sachs lowers outlook for corporate earnings through 2018. Why it sees Profit Growth slowing in the s p. But first up, at ts mega merger with time warner already facing scrutiny from president ial candidates and capitol hill lawmakers. Earlier on squawk at t ceo Randall Stevenson said he believes the deal will pass regulatory muster. This is one where the nature of this deal is unique from anything that weve done before. And that is a vertical integration. Its a big merger, but its a vertical integration. And as you think about the areas that have been really contentious over the last few years in our industry and in jeffs industry, theyve been horizontal mergers where the government was concerned about a competitor being taken out of the marketplace. Thi
Center. A quieter market day. List two data checks like we did yesterday. The german report with the seminary, finally we are getting to where the government maybe is talking about contingency plans. Yes, very well respected. We havent had confirmation but what were hearing from politicians on the ground, this is something the government doesnt want to get into. But we do here that plans for Deutsche Bank national here more on them through the show. Lets get to the first word news. Taylor mario draghi goes head to head with some of his toughest critics today. He is in berlin where he will lawmakers whoan want to and record low Interest Rates in the area. They same it makes it difficult for eu countries for economic reform. Heposition labor party wraps up the fiveday labor conference today. He says that after having been elected party leader, he has a right to campaign on the issues he chooses. He expects theresa may to call an election next year. A typhoon has landed in Southern China
The clouds will start to move in. The temperatures walking out of the door right now, 40 degrees in ashland and good morning, wooster. 38 for you and in akron and ravena, 36; fighter in cleveland. Throughout the day 46 in cleveland. Throughout the day, the highs are reaching the upper 50s and im going with a high of 59 degrees. However, the farther south you go, you can hit that 60, 61 degrees and well talk about the rain chances later on and stick around for now. And this hasnt been too bad and lets look at the traffic maps as we zoom in. The inner belt looks great, 71 and 77 and not seeing major, major backups at this hour and looking fantastic where we should be. Crocker to the inner belt, a 13 minute ride for you, 11 minutes to 71 and northbound richmond to 90 and heading outside to 480, and i am starting to see traffic builds and nothing too bad at this hour and lets go to the breaking news leader in the sky. Air traffic 5. Good morning. And good morning. Kristen. The is building