Governor, jerome powell. Those stories and more in just a moment but first, we have breaking news on halliburton. Lets go to our chief market correspondent, scarlet fu. Halliburton, the Oil Services Company is cutting 6. 5 percent to eight percent of its workforce. No layoffs planned due to the baker hughes deal, but this is because of the Challenging Market environment. Those were the exact words used by the company. Total had come total headcount at halliburton is about 80,000. The Houston Business Journal reported halliburton would be cutting between 5000 and 6000 jobs. Oil prices have plunged from their highs of last year. If you look at how halliburton shares are performing, take a look at the bloomberg terminal. This is the intraday chart and you can see we opened lower and have been on a little bit of a recovery and yet when the news hit we had our lows of the day, down 2. 8 at the moment. Thank you. Lets return to washington and our chief washington correspondent, peter cook, w
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