under president trump has become the party of the working class. we have no concerns about people not being able to afford new cars in the trump economy. they re going to have fat paychecks and good prospects. you are betting they re willing to stomach a little price increase. you brought up detroit. i want to ask about u.s. steel this morning announcing it s closing its detroit steel political. that s 1500 workers that will be out of a job. ak steel sold for a fraction of its pre-trump price. you guys instituted those steel tariffs, 25% last year to try to avoid a scenario like this. and it feels like this is showing that that by the administration is not paying off. does the administration need to change its strategy? i think the bet is paying off beautifully. you have to understand the difference between a company like u.s. steel which is blast furnace oriented and newcorp which is doing very well, which
we re turning to deripaska given what he s done to our democracy. joining us now, she served on the appropriations committee. representative, thank you for joining us. i appreciate you coming in. let me ask if i got anything wrong. from the outside it looked like this was a very, very last-minute thing and you did not have much clarity about what kentucky. at a pairs would be investing in here. you re accurate. your average listener might say why did you vote yes? several reasons why. it was a unanimous decision. this is in one of the most distressed areas of our great state. the northeast corner of appalachian region. and this is a county that had lost up to 1,000 people over the course of several years from ak steel s employment.
primary. pete is there having breakfast with friends. pete, good morning. pete: good morning. i already butchered the one pancake that i have. we are at the cafe. they do it so much better at butler p.a. mike kelly represents butler also cooking this morning. scrambled eggs. i like mine over medium. you are asking me i m better at scrambling things than flipping them. pete: give it a shot. sure. will. pete: as we saw on the house floor is he a scrambling. look at that. you know what? when you have four children and 10 grandchildren you better be able to feed them. this is what we do. butler we also make not just the best breakfast we make the finest steel. ak steel right over the hill. pete: we will bring it to you on the other side
in washington, as long as i am president, america s labor leaders will always find an open door at the white house. we had a great day. we love our workers. we re also pleased to be joined by executives from marathon petroleum, bungee north america, cf industries, pea body energy, alliance cole, ak steel, new core steel, scott you like that company i guess. scott s miracle grow and many others who are ready to help us build the roads, the bridges, the tunnels and the waterways of tomorrow. and they re currently working very hard, in fact, i brought a couple of greatest builders in america, steve roth of ronato, richard lefrack. where are you guys? come up here, steve. these people aren t used to
in the red areas near absolute zoe row. now over to wall street where the dough opens at 13,881 after losing 14 points yesterday. the s&p was down 2 and nasdaq gained two. the nikkei rose. stocks took a breather from a bull run. we ll see if earnings can turn things around. after the closing bell, shares of yahoo! surged after an up tick in revenue. coming up in today s before the bell earnings action, we get a broad economic snapshot from ford, pfizer and ak steel. after the close, we ll see how online retail titan, amazon did after the crucial holiday shopping season. the fed begins a policy pow wow. the central bank will keep interest rates near record lows. bargain hunters scooped up apple