Commonly for it Defense Department procurements here in the risk remains low. The United States. But this can change rapidly. Effectively, we can determine means essential tra oyth korea,e that our production should get to the front of the line. Chris we will ask hhs so we go before any other secretary alex azar what the Trump Administration is doing to contracts. Chris where are you on deal with both Public Health and doing that . A alex right now we are panic. Initiating the procurement plus. Processes for individual protect meant equipment like masks, President Trump now, the gowns, gloves, et cetera. Democrats are politicizing the coronavirus. Chris we will ask our we have got that process sunday panel about the political initiated, we are gathering information. Impact of the outbreak. Chris under the war powers act . And our power player of the alex we will use it if we week, a memorial that tells the need to, but obviously if we can work cooperatively with any of real story of wo
Points s p turned negative. Down by lows to 3 points the nasdaq down by 72 points this morning a mixed bag again dow futures indicated up by 43 points s p down by 3 points the nasdaq down by 27. Overnight in asia, the nikkei ended down by 0. 3 the hang seng down by 1 shanghai down by 0. 20 in european trading, ret arroir across the board, though the ftse is at the flat line lets check out currencies yesterday cruel oil prices were down 1. 5 . This morning the dollar is up against the euro at 1. 1862 dollar yen at 112. 45 Republican Leaders in the house and senate are racing to merge the tax plans and send the bill to President Trump before the end of the year. A Conference Committee plans to reconcile the two pieces of legislation starting this week among the differences the house has four individual rates, the senate seven the house cuts the corporate rate to 20 right away the senate waits until 2019. The senate repeals the individual mandate while the house doesnt. Another point of p
Of sexual misconduct. Congressman announced he is rooir retiring at the end of the term and speaker ryan said it is the right decision. This is ten minutes. The tax cut and jobs act, it is about making jobs, growing this economy. It is about middle class income going higher. This is about giving the people the ability to make ends meet. Im so excited we are on the cusp of this great accomplish. And if Congress Acts by christmas people will see gains very soon. As the president announced yesterday, if tax reform taxpayers will see more money in their paychecks beginning in february. With holding tables will reflect that. The irs is already taking steps to prepare new with holding tables for 2018 based upon this legislation. This tax cut will mean less of a paycheck going to washington, and more to the hard working person who earned it. Again, that is the whole purpose of this bill. Bigger paychecks for the people working hard to provide for think families. This is real relief. In additi
Weve got something bigger in store for next week. Meantime track how much money youre making by the minute with the bitcoin bug via coinbase right now on your screen the other big story this week, disney closing its deal to buy parts of fox Michael Burns is here to weigh in on the media mayhem could his company be the next target first, what all the wall street is waiting for, tax cuts. Were moments away from the release of the tax bill. Lets check in with eamon javers in d. C. For the latest reporter hi, melissa the big reveal coming up at 5 30, people waiting to see whether particular measures got in or out of the final bill, released at 5 30 eastern time. There were major developments today including two key senators who came off the fence and said theyre going to vote yes. Thats marco rubio who apparently got much of what he wanted or at least enough of what he wanted on the child tax credit, and senator bob corker who was the only no vote in the senate last time around, hes a yes
Out. A little bit of brinksmanship, or brinkmanship, i should say, as joe corrected me. Less is more there are a couple more brinks, a couple senators youve got to wonder about. Okay, then. What happens with Susan Collins, what happens with lee from utah, who said hes undecided lee who mike lee . Oh, mike lee. Who wanted got two first names its confusing i dont trust people with two first names. Do you yes, generally. You do . Yeah. I think its confusing. Well youve got three, youre fine. Ive got three, three names some people say andrew ross, two first names, even though no, im talking about when your last name is a first name. Chris christie . Theres a lot of them, bill george, ted david. I just made that one up. I dont really think there is a person by that name. All right, lets look at what else has been happening in the markets. The tenyear note, one weve been paying attention to, too. Earlier this week you saw the tenyear pushing above 2. 4 , but now were back below 2. 36 . A cou