A banner today day. Not just one but two big announcements today in the tie that binds their party, the economy. So in just a couple of moments there in the rose garden president will nominate the new Federal Reserve chair. Two senior Officials Say Jerome Powell will replace janet yellen and lead the central bank. So yellen term is ending. Another Big Development is tax plan which they call the largest set of reforms since 1986. You see House Speaker there sitting to the president s right paul ryan. Actually before he was there, he spoke with our Phil Mattingly saying that the tax cuts and jobs act will ultimately help bring down the national debt. You cant fix your fiscal problems if you dont have a growing economy. If people arent going to work and paying taxes. Thats why a key part of our agenda is getting this economy growing faster and giving people peace of mind and bigger paychecks, thats good for everybody. But on its face does debt matter to americans . Yeah, and in order to g
Documents. And a look at the victims moments a mad man crashed down a bike path. The former Trump Campaign manager Paul Manafort back in court this afternoon after special Counsel Robert Mueller indicted him. While on capitol hill, the House Intelligence Committee asks questions of the former Trump Campaign adviser, carter paige. Well see how that went. Lets get to it. The news is breaking indeed. A live look at the white house. The rose garden. The president is set to announce his nominee to run the Federal Reserve. Some analysts call that the most important job in the country. The fed controls Interest Rates, so it affects everything from Bank Accounts to credit cards and your mortgage. It also has a very big influence on the stock market. Another major story that will affect your wallet, the gop tax plan. House republicans jockeyed late into the night and now have released details of the proposal which calls for the biggest changes to the tax code in 30 years. We finally know what i