Russian and Turkish Forces are. Were just trying to ascertain where the president got the thousands of lives that have been saved on the kurds side. At this point, i am not questioning him, we have not found evidence or anyone to corroborate that. When we do, we pass that along. We want to make sure everything on the up and up and information youre hear something accurate. Separately we want to get to the Mark Zuckerberg testimony on capitol hill. This is about the libra currency at the outset or his hiring practice, whether he got too big for his britches and whether he alienated republicans and democrats and in the future his company is broken up. The stock bouncing up because they think he has done a pretty good job thus far. Hillary vaughn with the latest from washington. Hey, hillary. Reporter ohiohi, neil. Mark zuckerberg making the case or assuring lawmakers he will not move forward with libra whether he gets moving forward with regulators. He was asked what specific regulators
People thought it would be. Edward lawrence on what is being teed up for tomorrow. What do you have, edward . Reporter both teams are in their proverbial corners in washington, d. C. Vice premier liu he is getting ready for the meeting to happen tomorrow with the heads of trade delegations. As we said on your show, both parts of agreement, set a timetable for the deal. President donald trump said we come this far. He would like to see a complete full deal finished related to this. Economic advisors on this are mixed we have on one side larry kudlow saying that see what the chinese are offering coming to the table. On one corner Peter Navarro says the president wants a full deal because china needs it more than we do. The Chinese Commerce ministry will not negotiate Going Forward changing their laws. They will handle intellectual property enforcement through administrative regulation what is they have said. Well have to see if u. S. Trade representative Robert Lighthizer will agree to t
Announcements, still a couple hours away. Edward lawrence where things stand. Reporter the Federal Reserve has not cutrate since december of 2018. Nowed administration would like to see 2008. The market is pricing in a 25 basis point rate cut at this point. If you look at the speeches over the past month or so, of the 10 voting members on the federal open Market Committee six of those, those six on the screen, have indicated they would favor a rate cut. Now this Federal Reserve chairman Jerome Powell says that the Federal Reserve will use its tools to keep the expansion going. This is important, his language is important, not to head off a downturn but keep the expansion going. That could signal the Federal Reserve could act before they saw any numbers that represent a downturn. They are slow and deliberate in the moves up. A Senior Administration official says the president will call for a more aggressive Monetary Policy. The official says the president want a 50 basis point cut today
Night, more specifically the president of the United States, and, the iranian mullahs there, now of course, being fingered by the president not knowing meaning of word, nice, insulting statements. He says no more john kerry and barack obama. That is just for starters. Blake burman with the latest from the white house. Reporter you had dueling comments coming out of the president s of iran and president of the United States. First from iran, iranian president rue hassan rouhani. The iranian president called those sanctions quote, outrageous and idiotic. He also shot down the idea of any potential future negotiations between the nations adding, quote, they tell us to negotiate with them. If you are truthful and want to negotiate, why do you sanction or foreign minister at the same time . It is obvious that you are lying. Well that clearly caught the attention of President Trump as he took to twitter and fired right back, threatening at one point obliteration, saying quote, irans very ign
Credit rating, citing concerns including deterioration in standards of governance over the last 20 years and eroding confidence in the u. S. s fiscal management. In the next hour, how much confidence do you have in the nations Economic Leadership . Call and let us know. 202 7488001 for republicans, 202 7488000 free democrats in independents 202 7488002. If you want to post on social media, you can do that on facebook and twitter. You can text us at 202 7488003 and follow the show on instagram. The Fitch Credit Agency made the announcement. Fitch downgrades the u. S. Longterm rating, outlook stable. When it comes to some of the reasonings for the downgrade, you can find online, here it is in part. There has been atead deterioration of standards of governance over the last 20 years, including fiscal and debt matters notwithstanding the june bipartisan ant to suspend the debt limit. The repeated debt limit politicaloffs and lastminute resolutions have eroded confidence in fiscal managemen