Good friday morning. Welcome to squawk alley. Im Carl Quintanilla dow is at 44 the Trump Administration gearing up for a major push on tax reform as you probably know. Chief economic adviser gary cohn giving a wide ranging interview to the Financial Times saying the president will start being on the road making major reasons to justify the reform. U. S. Managing editor for the Financial Times is here. Good to have you with us great to be here. A lot to unpack in this interview. Im curious to know what you consider to be the lead at this moment two keys. One key is obviously grabbing a lot of attention in the american political world is the fact that gary cohn has made it very clear that he disapproves of what the president said about the bill. Hes wrestled with his conscience about staying in his person or not. But as a jewish person he doesnt want to be pushed out neonazis chanting jews shouldnt replay us. But were interested as a Financial Times this new push on tax the fact that the
Harveys legacy is just starting to be written. Im gray hall alongside Christie Ileto. Harvey came ashore packing winds at least 130 Miles Per Hour. Damaging a Senior Housing complex. Emergency personnel are waiting for the storm to ease to look for the injured some reporters ventured out into the rain and wind to tell the story of harvey. Reporter that rain is coming through, it is stinging, the winds blowing sideways right now. Behind me, bear with me for a second highway 35. The bay wrapped around 35 and around port lavaca. All the water is being pushed ashore from multiple angles here. Harvey continues to wash ashore with the bands of rain. Boy, you can see the intensity of the storm there the rain and wind whipping up there. The reporters live shot there. This is video of the water coming to the door of a hotel. Harvey moves toward houston stks texas. It owe could it could be more rain than someplaces see in an entire year. Of course, meteorologist chris sowers has been monitoring
Hour. Hurricane warnings remain in effect 0 for the Corpus Christi and port oconnell and getting into the houston area. We have Tropical Storm warnings. Winds are not the concern with the storm. We have hurricaneforce wind up to 100 Miles Per Hour, they extend outward from the center about 35 Miles Per Hour. The winds are not the biggest concern with this, the storm surge as the storm moved inland and the tremendous amount of rain. What youre looking at here, this is the inif infared cloud p images, where youre seeing the wind, thats where the clouds top 40,000 feet. From houston to victoria, Corpus Christi were seeing a tremendous amount of rain. Rainfall totals are approaching ten inches, just north of Corpus Christi. So heres the latest stats again, 105 miles southeast of is an san antonio. Maximum sustained winds 100 Miles Per Hour. Over the next four to five days it will do a loop d loop. The storm will sit and rain itself out over southern texas. Well see tremendous amount of flo
We are seeing pictures of damage left behind by by the storm. Trees are down and what appears to be a wall has collapsed from the wind. Signs on the ground, Officials Say they wont be able to assess the damage until daylight. Heres more from houston. Reporter Hurrican Harvey roaring on to the gulf coast. The best way to describe it is a continue can being kicked down the road. Reporter the strongest in the u. S. In more than a decade. This is not going to be quick one and done were not measuring in inches of rain, but feet of rain. Reporter residents of texas and mississippi and louisiana getting hit the hardest. Rock port texas in its path. Trees on roads, buildings destroyed and emergency crews facing difficults difficulties standing to the damage. We have not been able to get out and see what weve got going, but its not looking good. Reporter the mayor urged those staying behind to write their scattered social securs on their arm with a sharpy. You hear the wind, you dont hear the r
Hydroelectric plants promise is clean energy but will locals also benefit. First though we talk to scientists about the connection between Climate Change and Natural Disasters. Extreme weather events are growing ever more frequent Natural Disasters more destructive and deadly h one reignites the debate was it a freak of nature or a result of Climate Change and human activity. Recent hurricanes harvey and maria killed over two hundred people in the u. S. In the caribbean and they cause nearly a trillion dollars worth of damage. Donald trump an outspoken Climate Change skeptic visited the disaster area and he continues to rule out that human activity could have caused the catastrophe. But now theres a field of science which for the first time is able to estimate whether a Natural Disaster was likely due to human caused Climate Change or not a young german physicist at Britains Oxford University studying Hurrican Harvey similar studies on the floods in louisiana last year produced clear r