Want to call it that. Ten year note, man getting closer and closer as well. To the shorter term, in terms of the spread there. As you see, were at 2. 2. Crude is down after what had been a little bit of a rally of late. You can see also as well brent cruise down. Lets get to the big road map. It does start with the trump slump. As you just saw futures are pointing to another lower open and investors are wondering about new political turmoil. What it will mean for the gops pro growth agenda. Plus, the president takes to twitter calling the fbi and congressional russia probes quote, the greatest witch hunt of a politician in american history. Cisco, it warns, shares fall. Company announces a weak outlook and about 1,100 job cuts. Ceo Chuck Robbins will be with us in ten minutes from now. Well talk to him about that. And including perhaps what was less spending than they had anticipated from the fed. A lot of problems there. Yeah. We have a lot to get to. Futures of course lower in a day
Hes frustrated with attorney general jeff sessions, thats division. It is distraction and it is unnecessary. The president will try to refocus. He meets republican congressional leaders this afternoon. This morning he tweeted this. Big meeting this afternoon with Republican Leadership concerning tax cuts and health re all pushing hard. We must get it right. Stuart this is a high stakes meeting. Tax cuts, growing the economy, the core of the presidency. He desperately needs a win on this, however, the Republican Party is divided and the legislative schedule is jampacked. Democrat opposition relentless and president ial tweets are often selfinflicted wounds. This is a crucial week for President Trump. Can he lead on taxes . Its a crucial week for the Republican Party. Can they unite . And its crucial for investors. Can d. C. Get anything done . Varney company is about to begin. All right. I said a little skepticism is coming into the market. Well open lower this morning. Skepticism about
Trump. Hoped former fbi director james comey would deliver the evidence, but several news sources say he will not deliver. He may make the white house uncomfortable, but watergate its not. Now this. Terror hits tehran. Authorities in iran report an attack on parliament ap the khomeini shrine. A female suicide bomber said to be involved. Reports of hostages taken and 12 dead and isis claims responsibility. Terror in london. Prime minister theresa may takes a much stronger line, restrict the freedom of movement of known suspects, even if theres insufficient evidence to prosecute. If the law wont let do you it, change the law. The brits go on offense. This is big change in antiterror policy. Its wednesday morning, Varney Company is about to begin. I mean longer prison stens for those convicted of terror row la tower related offenses and deporting terrorists back to their own country. And i mean doing more to restrict the freedom and movements of terrorist suspects, when we have enough evi
Pe t aorbl ce t aselasneynd enroenl su. Gd rng, erydy i le wco y tou enth mni ttimto brg tetr r iagu onsss. D keo anchrmre dealn r bnger dapaicarlift t vee arth mni. He alobe geren r tls ns,nd alys clel agn whops e usengy a cmee mmtehabeorngno lkorrdo rkgit hin al ce d he tocs wi tt diktontdu olag, ur, oea nttt ooer geren wh wl cttwith chairman walden this morning. Thank you. [applause] thank you, aerial and thank you for everyone joining us. Were beginning the event under a darker circumstance. I want to ask you, chairman walden what do you know so far and whats the status of your colleagues at the moment . Greg thank you and good morning, everyone. Its not the way i want to start a day any day. I hope well have a moment of silence and put in our prayers for the those being tended to in hospitals in the washington, including the majority leader who apparently was hit in the hip and two of his security detail as well at baseball practice outside of alexandria. Maybe we could all take a
Good morning, everybody. Id like to welcome you to our event this morning that aims to bring us together for a dialogue on issues. Id like to thank chairman greg walden for being here today particularly after the news we heard this morning. Here at bloomberg government, our tools, news, and analysis is closely aligned with topics the house energy and Commerce Committee has been working on so we look forward to working with him on health care and other topics. With that id like to introduce my colleague, lauren, who leads content at bloomberg government, who will be chatting with chairman walden this morning. Thank you. [applause] thank you, arielle and thank you for everyone joining us. Were beginning the event under a darker circumstance. I want to ask you, chairman walden what do you know so far and whats the status of your colleagues at the moment . Greg thank you and good morning, everyone. Its not the way i want to start a day any day. I hope well have a moment of silence and put