Cspan 2 and watch anytime on cspan. Org. And listen on the free cspan radio app. Next, a discussion on the future of u. S. Trade policy and current trade Protection Measures proposed by President Trump. Well hear from former clinton and obama trade officials as they talk about protectionist policies. The role of the u. S. In the World Trade Organization, and President Trumps proposed renegotiation of the north American Free trade agreement known as nafta. This is an hour and a half. Glad to see everyone here. I am john mayo, a professor of economics, business and Public Policy at Georgetown Universitys Mcdonough School of business. I am also the executive director of our Host Institution for today, the Georgetown Center for business and Public Policy. I will tell you that we are delighted today to have a discussion on something very important, near and dear to the Georgetown Center, and that is the subject of trade policy. And in particular, we are going to examine the issue of whether
The question i ask for michelle and tyler whach what happens if and when the Manufacturing Council decides to dissolve the strategic and Advisory Council has now officially tried to disband do you try to create a new one or go on the ceos he tried to put himself so close to. President trump is going to be extremely angry he is going to take this very personally he tweeted yesterday or the day before, when people started to leave, that he had others lined up to come in and take their place. We will see, i guess, if these kind of councils are very, very valuable to the white house and the president. He will try and reconstitute it. It will be interesting to see who will accept a position on it that council why do you think we are not seeing more of a Market Reaction to any of this not just today but yesterday, to everything that has gone on. This is a stock market that ignores every single thing that comes out of washington. It is completely divorced from donald trump because multination
Things in the campaign that haunted him and no one gave him the benefit of the doubt and then he continued to drive he does not deserve the benefit the of the doubt all right folks, thank you very much. Jared, sarah, we appreciate it as we get to the top of the hour on power lunch, lets bring in kelly evans and Bill Griffith to join us as they will carry forward. Were giving you a big handoff here, folks. It has been a wild two hours with lots of news. I know youll be following it exhaustively somehow, i think its not over yet, tyler, yes were going to pick up the ball from here. Thank you, folks well see you a little bit later. If youre just joining us and you havent heard yet somehow, Business Leaders bailing on trump. Two key Business Advisory councils have been disbanded after more ceos quit in the aftermath of the criticism over mr. Trumps respond to the deadly violence in charlottesville this weekend the president himself gave a fiery response to the ceo departures yesterday lets
News right now thanks, guys have a good weekend. See you later. Lets get more on the breaking news out of washington our reporter standing by right now, eamon javers has been in bridgewater, new jersey, and has the latest developments on Steve Bannons exit. Ylan mui reporting on the potential impact on the economy. And bob pisani watching the Market Reaction on the floor of the New York Stock Exchange. Eamon, lets start it off with you. Reporter heres the official statement as it came through from the white house earlier today, saying that steve bannon, was, in fact out the white house saying white house chief of staff, john kelly and steve bannon have mutually agreed today would be steves last day we are grateful for his service and we wish him the best this continues what has been a tumultuous year for white house staffers and highlevel officials, both lowlevel folks and highlevel folks in this white house have been booted out during the course of the year. Take a listen to this soun
Look, on some level, what we got in the last couple of days is folks that are really both addressing the moral issues for and how it gets in the way of their line of work and then into a political tactician. Some jumped on the band wagon late youre assuming its because of charlottesville he says because of the appointme appointment. I think thats not, to me, strikes me as cover for whats going on i havent heard much about what hes done in the last several months to me, he was using that as cover. I think this could have market impack fast money will catch it and cover it absolutely. I think its a slap in the face to the administration i think the its a slap in the face considering the timing of it the its terrible, but i dont think its going to have market impangt. You have Something Like icahn on the night of the election, said i am buying futures an bought a billion dollars worth of futures that night. Now saying you know what, hands out. Markets at highs. I think im going to take my