Live now to Andrew Wheeler and transportation secretary eland chow talked about the Trump Administration sent it to stop california from setting stricter fuel economy standards. Live coverage. In bringing together all of the components to complete this important step on behalf of the present for the american people. She is understood since this process began in 2017 the enormous benefits for consumers and especially the safety. I know she is in the engagement shortly following this across town so please join me in welcoming secretary chao. Secretary. [applause] hey, good morning. Thank you all so much for being here. Administrator Andrew Wheeler and are so pleased to announce a major step forward in President Trumps plan to help ensure that more americans have access to safer, more affordable, and cleaner new cars that meet their families needs. To what half years ago President Trump focused autoworkers in michigan and said we would review and revise the last administration unattainabl
Showed that chinas trade exports contracted for the month of august largely because entirely because of the trade war with china and the United States well hear more about that from eunice yoon in a moment. Look at whats happening with the european markets that are open and actively trading a in the point. Right now most of these markets are in the green ftse is the exception down by a quarter of a percentage point. Also f you check out the treasury market here in the United States, youll see the yields that we have been watching oh so closely as we get ready for fed next week and ecb this year, ten year under 1. 6 , 30 at 2. 07 . Some news out this morning saudi arabia now confirming it has removed its Energy Minister from the position over the weekend replacing him with the kings son and that move breaking with long time tradition and convention that members of the royal family are not appointed to that position and comes just days after al falih was removed from his role after chair
Course the day of current j. I. T. Law shaved off and then thats about. All none i mean the whole sky if you dont look through her new revenue more. Gestures and the other youre now going to regret going to rio. Borrow a line folks. Rather you can pull from to naleo. Just couldnt pull up in front. For africa. North korea crashingly free government. Castro has orchestrated al cheneys political death he also gave birth to his myth on that same evening the regimes official musician writes the song that would eternally glorify the revolutionary. In congo is sick and b. Pradelle gets him out of the country al cheney has nowhere to go he goes on a 6 month long secret journey after the congolese defeat he wants to join a new guerilla front again. Give out on national t. V. If he gets what he set up a. Lucid interval but you know guys for me theyre on the wrong team you know god is only partly going to for sure ansel thank you have all theyll be on the in this business so well see plan that i
Good thursday morning. Welcome to squawk alley. I am Carl Quintanilla with Morgan Brennan and jon fortt at post nine of the New York Stock Exchange getting close to new highs well start with facebook. Mark zuckerberg goes to the hill today. Were getting news out of the company on new ad formats as well Julia Boorstin has both those stories. Good morning to you Mark Zuckerberg is making the rounds in washington, d. C. , meeting with legislators, looking to regulate two areas, one, facebook privacy policies, two, responsibility for inappropriate, manipulative content on its platform. Zuckerberg met with democratic senator cantwell and also attended a dinner with mark warner and senator blumenthal also joined take a listen. I was impressed by a number of the ideas and interests of facebook in advancing privacy on the internet but i hope that we also can continue the conversation zuckerbergs meetings span the aisle, he is meeting with republican senator moran, and supposed to see hawley an
Radio app. The Trump Administration is taking steps to block california from setting its own fuel standards. California had reached an agreement with ford, volkswagen, honda and b. M. W. That would apply stricter emissions limits than federal regulations required. Transportation secretary elaine chao and e. P. A. Administrator Andrew Wheeler held a News Conference this morning announcing what they call nationwide fuel economy standards. Thank you all so much for being here. Administrator wheeler and i are pleased to announce a major step forward in trumps plan to ensure that more americans have access to safer, more affordable and cleaner new cars that meet their familys needs. 2 1 2 years ago President Trump spoke with auto workers in michigan and said that we would review and revise the last administrations unattainable economy regulations. Those rules were making cars more expensive and impeding safety, because consumers were being priced out of newer, safer vehicles. Our team of ex