But the dow is still on pace for its longest monthly winning streak in 59 years. What is driving it . We are here with allstar panel. Well look ahead into 2018 and your money. The president flatting fbi director an did i mccabe oaf ties to Hillary Clinton. Could this be the reason for his early retirement . Blake burman is at the white house live with more. Break, what will you start with . Trish, the white house, the president , making it clear the first item legislatively when it comes to 2018 is a big infrastructure package. Here at the white house, director of legislative affairs, mark short, come january the president will have a meeting at camp david with the top two republicans and there they hope to nail down some of the details. I think you will see the r c president roll out a infrastructure plan in january. The president already invited leader mcconnell and speaker ryan to camp david first weekend in january to make sure were all on the same page for the priorities of 2018.
Update on immigration policy negotiations. At 8 30 eastern, holly harris of the Justice Action Network on prison sentencing and reform. And at 9 00, Darrell Burnett of Education Week on the failing infrastructure in u. S. Schools. Host good morning, this is friday, january 12, and welcome to washington journal. As you can imagine, reaction is pouring in from congress and elsewhere to the president s comments on immigrants from certain countries, something we heard about yesterday afternoon. We want to get to the president s comments on immigration, talk about daca and the immigration issue. If you are a democrat, please. All 202 7488000 republicans, 202 7488001. Independents, 202 7488002. And we have a special fourth line to recent immigrants to the u. S. 202 7488003 202 7488002 202 7488003 202 7488003. Front page of the Washington Post. This first reported on the president s comments late yesterday afternoon. The headline todays piece said immigration offer on socalled dreamers fails,
Outlook for the future is looking strong. This is remarkable in itself especially considering the news background. The government may shut down the end of this week in the president is talking about withdrawing from nafta. Investors do not care. A little history if i may. The dow first crossed 1000 in 1972. Hello in the seven hundreds in the early 80s. Today, 26,000. Very glad you are along for the ride. Varney company is about to begin. Another historic day for the market at the opening. First of all, the big tech names. Look at them though. These are premarket quote. This is the price now. Apple, amazon, every single one of them that. Amazon for heaven sakes up 15 backs premarket. The big banks this morning, some of them reporting profit, all of them up with the sole exception of jpmorgan. The rest they gain especially citigroup up to. 5 premarket. Profits more than doubled at United Health driven by a onetime tax gain at the tax code overhaul. That could echo up two bucks. Boeing, C
And we are tracking an accident south of here but its not causing slowdowns. Right now we are tracking a travel time of 21 minutes between 238 and 237. The crash southbound 880 right near a street and as you can see speeds are in the green in both directions. Chp remains on the scene. Lets take it to 580. Headlights moving westbound and this is approaching 680. We have a 26minute ride not too bad for the start your friday morning commute. And well take it over to the bay bridge toll plaza where we are starting to see a backup especially in the cash lanes. Speeds remain in the green across the upper deck, 10 minutes from the maze to 101. Thats a check of your traffic. Back to you guys. New this morning, fire crews are keeping an eye on hot spots after a home in redwood city shot up in flames. Kpix 5s jackie ward is live at the scene with the latest. Reporter you just have to take a look behind me to see how charred up this house got here in redwood city. Some police and fire crews remai
Ambassador. It happened during the president s meeting with the russian leaders at the white house. The post says the information disclosed by the president to the russians jeopardized a critical source of intelligence on the Islamic State. The post also said senior white house officials took steps to contain the damage from the intelligence release placing calls to the cia and National Security agency. It must be noted it is not illegal for the president to release intelligence and does he have the authoritytown classify such information. But there could we political and diplomatic consequences from all this. Were going to talk to a legal expert to learn more. Now to the cameras that will be installed along two freeways in Contra Costa County. Our Crime Reporter henry lee first told you last week about the state funding for this project. He joins us live from hercules about learning more. Henry. Reporter heather and ken, we heard from local and state officials at a News Conference tha