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borrowing. our mortgage and the credit card borrowint. . , ., ., ., our mortgage and the credit card borrowint. . , ., , ., borrowing. that is a good question and probably borrowing. that is a good question and probably the borrowing. that is a good question and probably the bank borrowing. that is a good question and probably the bank of - borrowing. that is a good question and probably the bank of england | and probably the bank of england will hike it twice more this year and it will also sell some of the government bonds but the challenge for the bank of england is that we don t have strong demand driving inflation and it is because we have got less stuff in the world that is pushing prices up so this is a double squeeze for consumers and businesses, they face high interest rates, so not an ideal scenario for central banks. 50 rates, so not an ideal scenario for central banks. rates, so not an ideal scenario for central banks. ., ., , , , central banks. so what happens next?
rehashing of nafta which is on the books coming up, and it meanwhile we are trying to do these trade negotiations with china which is the other trading partner that makes lots of cheap stuff. now, we are saying we are also going to make stuff from mexico really expensive, too, which puts a double squeeze on our businesses here at home. that s why these mike this is the first time using republican senators to a person stand up to the president because it s been terrible for the economy is in a lot of the states. bret: they could stand the china fight and they still are but, you are right, you haven t seen this unanimous kind of pushed back. senate minority leader chuck schumer. i have a feeling that this one just popped into his head, it s clear that lots of people in the administration didn t agree and i believe that he will back off when faced with the opposition among business, among his own republicans. and when he sees what a dumb
about his failure to disclose things during his confirmation hearing. so sessions now is facing a double squeeze as revelation like this come out, he will continue to get hit by investigators, by democrats and republicans on the hill and at the same time, the president remains angry at him for recusing himself, which set into motion this whole change of events of the appointment of robert mueller, sessions is if a tight situation. what it raises the questions of, if sessions isn t there, who could the president get through the senate as attorney general? and who would want that job? halle jackson, that issue of russia did come up a little with anthony scaramucci, he said to defer to the white house counsel on it t. idea to bring him in for the operations, is there any sense? is there a new strategy? do they have a different strategy to deal with these
right now. republican senators are angry about his failure to disclose. so sessions is facing a double squeeze. as revelations like this come out, he will continue to get hit by investigators, by democrats and republicans on the hill. and at the same time, the president remains angry at him for recusing himself which set into motion this whole chain of events that led to the naming of robert mueller. it really raises the question of, if sessions isn t there, who could the president get through the senate as attorney general and who would want that job? the issue did come up a little bit. he said he wanted to defer to the white house counsel on it. the idea of bringing him in, is there any sense in the white house? did they have a new strategy?
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