The dax is down some 1 . A little bit of pressure on the stoxx 600, i guess a little bit of concern over the tax overhaul. There is a little bit of pressure on miners. The bloomberg dollar index again, the dollar seems to be pretty steady. I am looking at the pound because of theresa may and there could be some kind of rebellion brewing. We will get our Political Correspondent on that. We talk economics and Monetary Policy with larry hathaway. He is the head of investment solutions. Then, we discuss as it presses we discuss asset prices. Overhaul. The tax we are also just getting some breaking news out of indias central bank. It is maintaining its neutral Monetary Policy stance. I know we will get the chart of for you and i will bring you any breaking news that we have from the rbi of india. Lets get straight to the bloomberg first word news. Nejra donald trump will formally declare jerusalem to be israels capital and direct the state department to start the process of moving the Ameri
And have made the recommended changes with the Committee Last month. The Committee Also voted to forward this to the board for their approval, so were asking the board for their approval to the amended document. Based on the clerk composition committees recommendation, and weve spend exhaustive time reviewing the guidelines. I would like to move the item. Theres a motion. Is there a second . Second. Why dont we call for Public Comment. Are there any members of the public that would like to address the commission on item 19 . Seeing none, we will close Public Comment. Commissioner driscoll . Just a comment that yes, the committee did spend time on this, but the majority of work was done by the manager. Yes. Also, the attorney of the City Attorneys staff helped, and im sure mr. Huish was looking over their shoulders at all times. Yes, and they also had outside counsel. And can i say, a majority of the recommended changes were over seen by city of moi, who is a member of my team. Okay. An
Second. Why dont we call for Public Comment. Are there any members of the public that would like to address the commission on item 19 . Seeing none, we will close Public Comment. Commissioner driscoll . Just a comment that yes, the committee did spend time on this, but the majority of work was done by the manager. Yes. Also, the attorney of the City Attorneys staff helped, and im sure mr. Huish was looking over their shoulders at all times. Yes, and they also had outside counsel. And can i say, a majority of the recommended changes were over seen by city of moi, who is a member of my team. Okay. Any discussion . There was a motion, there was a second, can we take this item without objection . Great. Item number 19 passes. Can we just move onto 20 or do you want to move . We need item 15, which is the review of van berkom issue. Do you want to put 20 and 21 together or do you want to push them to another meeting. Whatever your pleasure, mr. President. I feel like number 20 is the Invest
Number 18 . Seeing none, we will close Public Comment. Just just the high points. Okay. Thank you, commissioners. Good evening. Before you are the proposed revisions to the sfdcp investment policy statement. We have hired cowan as our [ inaudible ] have made some changes to it. These changes have been discussed with the Deferred Compensation Committee at length, and ive provided some context on the industrys best practices and since then, the Deferred Compensation Committee then voted to forward the ips with the changes to the board with their approval, so i would like to now ask the board for your approval on the changes to the ips. [ inaudible ] to item 17 first, which is the deferred Comp Committee report. We did spend a lot of time reviewing this on the committee, and so today, its coming to you for because we felt with the revisions and being in compliance with industry best practices, our best practice guidelines, looking at changing regulations, this is the best time to bring it
The first officers heard the gunshots and they still ran through that theater. They do an amazing job protecting us every single day. Im grateful for their heroism and i think well hear other stories from folks inside the theaters as details come out. Were switching gears this morning. We have breaking news right now. It is now official anthem is buying cigna for 188 in cash and stocks. The transaction valued at 54. 2 billion on an enterprise basis. This of course, a transaction thats been long in the making. Weve talked about it over and over as other deals have come and gone. Weve seen etna now merge with humana. There will be issues and questions in washington about regulatory questions, about consolidation. Just to give you a couple quick breakdowns, its 143 per share in cash 0. 5152 shares in anthem stock. You might remember this deal was held up for at least a bit because of questions about the roles of the different ceos in this. Questions about what was going to happen to David