Weve been watching and you can tell john kerry, the secretary of state, visibly getting frustrated with lawmakers as he is trying to defend the deal he put together and this is getting more contentious back and forth as this hearing is going on. A couple issues have been brought up that john kerry has tried to defend. One of them the arms embargo, weapons that embargo being lifted after five years, Ballistic Missiles after eight years. Kerry testified he said the fact that they got an extension of that was actually a victory because he said iran was calling for it to be lifted immediately. Heres a little bit of that portion. Take a listen. When we end up with a bottom line where in eight years they get the missile, it doesnt look to me. It an but they dont. They may not get the missile at that time, but they can buy the technology at that time. The embargo is lifted. Actually, they cant, mr. Chairman, because we have happily, we have several other protocols which prevent that from happ
Ive got a quick headline on amazons jeff bezos, he has quick money in his pocket. Roll postdebate sound bite number one. I know i dont trust president obama with all records. I know you gave him a big hug. Forgive me if i call it a hohum jobs report in july. 215,000 jobs report goody. The Participation Rate is still at a generational low, 62. 6 , thats not good. As for the markets, well theyre taking it in good spirit i guess. I say this every morning, pretty much dead flat. Were up one point, thats the futures okay . Well find out for sure 29 minutes from now. Here is what i think is perhaps even better news the price of gasoline. Its friday, some of us will be driving this weekend and its getting cheaper by the day. 261 is your National Average. Later, well tell you where the cheapest gas in the land can be found. Lets get to the debate shall we . Joining us ashley webster, Liz Macdonald and tommy bruce. I thought it was a great debate, it was lively engaging. I thought the debate wa
District 28 here and he serves on the House Appropriations committee and on the committees of homeland security. As housey, he served trained in the house of representatives. Then we have the then, thisonal congressmen served in the texas house. I want to put you to together. He is an eighth generation farmer and rancher who served on Agriculture Policy board and energy council. Previously she served as county commissioner for precinct to and a member of numerous boards in el paso. Has focused on border policy, education, and youth leadership. She works for the 16th congressional district. The fromerved as 2002 two 2009. He served as the texas secretary of state and is chairman of the Texas Railroad commission. Of a Management Consulting firm managing crossborder business development. He is not housebroken. [laughter] he has served as the mexican state from web county to brownsville since 2016. He previously served as mayor in a border city and as a federal senator. As the governor has
Of the major averages. We are seeing u. S. Stocks rebounding and staying at record highs. S p 500 is up as much. Financials seeing a rebound. Thirdquarter results. Bank of america posting the best profit in six years. Hospital stocks and insurers, we are seeing a hit as President Trump cuts obamacare subsidies. When it comes to data, weekly inflation weaker inflation than expected. But get a check of the news. Mark crumpton is here with more. Mark secretary of state Rex Tillerson says President Trump will not with draw from the Iran Nuclear Deal or reimpose sanctions. The president will say the pack is not in u. S. National security interests and Alert Congress to amend it. You can watch the speech live in just a few moments at 12 45 p. M. New york time right here on bloomberg television. The president assuring residents of puerto rico he will always be with them. Is tweet comes a day after he lashed out at the island, insisting the federal government cannot keep sending help forever.
We need not entirely abandon our Current System in favor of a fundamentally different system. Limiting deferral and lowering the statutory rate would generally reduce incentives to shift income, eliminate the implicit cost of avoiding repatriation and reduce complexity and uncertainty for firms. Thank you, and i would be happy to answer any questions. Dr. Robinson, thank you. Our final witness, mr. Alan sloan. Chairman wyden how do you do this . Its on. Chairman wyden, Ranking Member hatch, members of the committee, im flattered to be here, and im honored especially pleased to be hitting backup cleanup, which is my normal role in journalism. Before i proceed, i have to say that im speaking for myself alone. Im not speaking for fortune magazine, my employer. Im not speaking for fortunes owner, time, inc. , im not speaking for the Washington Post which has run by material for more than 20 years. I, like senator hatch, am appalled to see that inversions are becoming a partisan wedge issue