reports. we begin with breaking news, in the last 24 hours, donald trump suffering two major legal blows when it comes to his actions on and around january 6th. three judges, on a federal appeals court unanimously dismissed trump s claims that he has immunity from several claims connected to the capitol riot. the judge overseeing the justice department s criminal case ruled trump has no protection from prosecution as a former president. let s go right now to nbc s dasha burns joining us from cedar rapids, iowa. where donald trump is expected to speak in this next hour. welcome to you, dasha. how is trump s legal team reacting to these back-to-back losses? well, trump spokesperson is reacting to both of these lawsuits, saying in a statement, in a response to the federal appeals court ruling, this is a limited narrow and procedural ruling, the facts fully show that on january 6th, president trump was acting on behalf of the american people. carrying out duties as president of
The two things we are focused on , the middle cap middleclass give a tax cut, and it the Corporate Tax rate is as low as we can get it. Senate finance will consider plan next week while the house bill will go to the floor for debate. Consumer confidence in the u. S. Stayed high. The Consumer Fund act stayed in afidence was range that is close to a 16 year high. Talks have resumed. Both sides are hoping to agreement by the end of the year. Wants to get a deal quickly to move on to negotiations on trade. Global news 24 hours a day powered by 2700 journalists and analysts in 120 countries. This is bloomberg. Julia live from bloomberg headquarters in new york, im julia chesley. Fu, im scarlet joe im joe weisenthal. Whatd you miss . Meanwhile the house ways and Means Committee has advanced its tax plan. Paid in highyield and spreading after disappointing earnings, aakness and telecom justify rollback. We will bring you the numbers and instant analysis. Whatd you miss . And are to tax reform
Can we do this better the biggest thing that i iran into. When i was engaging in the larger thinking community and larger academic trinity is this challenge of getting past iran. That we can ironically to go to understand as well as the idea that iran is irrational. What i consider the mad problem is that iran is too crazy and both of these ideas really handicap us. A train and been able to understand what iran is thinking about and how it looks at the us and formulates its foreign policies. Thats the heart of what i am trying to do in this monogram is take the face off that confusion and say you cant understand this and its what im trying to do. Its not so much provide a whole bunch of policies policy prescription with this administration or for future administrations but basically, provide analytic framework and models, if you will, for understanding how iran develops its foreign policies, how iran develops its approaches in particular to Security Issues and how it goes to war, how i
Gentlemen. Thank you so much for coming to the American Enterprise institute. Im fred kagan, the direct of the critical project here at aei. And if it is my great honor and privilege to lead this panel, discussing report which is just been released by my colleagues, matt mcinnis, the future of irans security policy, Available Online at aei. Org and where these beautiful copies as well if anyone would like one of those. We have a Magnificent Panel today. We are thrilled to have Lieutenant General tom trask, Vice Commander of headquarters u. S. Special Operations Command in washington, d. C. , and vice admiral retired mark fox, formerly Deputy Commanding general of the nested Central Command along with matt to talk about the report. Without further ado i will turn it over to matt. Thank you, fred. Thank you, general trask and admiral fox and fred, for frankly every thing here at aei yourself put this event together. As well as all the people behind the scenes for the past two, 2 years th
5 00 a. M. In london. Vomiting of im yousef. Tracy and im tracy alloway. Yousef we saw that record again in the yuan. Here are the numbers as they came in. The line and white, that is your expectation. Re in was in mind, 3 trillion the key level we were looking at. That is your line in red there. Anything below that would have led to more capital outflows, and the consensus was policymakers would move to make go below they did not that redline. Also highlighted in blue, that is your spread between onshore and offshore, which again, as you can see, take a look at that pop we saw last week. That, of course, is the focus on the Global Investment themes we discussed. Tracy i love this choice, because some a yousef, so far this year the chinese money markets have been then the story have been the story of 2017. Yousef were looking at the u. S. Economic data. Talk us through the u. S. Close, the market reaction. Tracy sure. We saw some fireworks friday. We have that jobs report. That propell