International hotel lease at the Old Post Office building in washington, d. C. We will hear from two officials from the General Services administration that oversees government building leases. This is about three hours. [indiscernible] without objection, so ordered. We are now going to proceed with Opening Statements. I wish you all the good morning and welcome to the fourth hearing of the public buildings. One of the purposes of this is to protect taxpayer dollars by ensuring that theyre spending it with transparency and that brings up with todays hearing which is entitled the tenant in the Trump Administrations oversight and the International Hotel and you can tell from the title, we are going to be in investigating an unprecedented tuition and the houses President Trumps d. C. Hotel. Since President Trump has declined to confess from his businesses, hes essentially acting as both landlord and tenant. Before i was elected to congress i spent over three decades , Teaching College stu
With us and brew Group Investment banker and nfl star jack brewer great to see you this morning. Thank you so much for swroining us here we are looking at futures which are lower this morning going into another week. This is an important week because were going to begin Third Quarter earnings give us a window into the economy and corporates dow and s p 500 trying to snap a threeweek losing streak, with all eye on the china trade meetings this week on thursday. The two sides expected to resume the negotiation thursday. Beijing reportedly ready to talk about a narrow focus deal. Narrower than weve been talking about with full scale reform of stroll sector off the table whats your deal given the fact that president has been adamant about industrial issues and the behavior of china particularly with the intellectual property . Market clearsly not liking it maria. I mean listen the pressure is on certainly hong kong is not getting any better an chinese economy isnt getting any better our ec
Making money. Charles u. S. China trade talks resuming this week. All eyes on what if anything may come out of these meetings. Stocks were off, the dow off about 150 point. We pared that initially after Economic Advisor larry kudlow made these optimistic comment. Watch. Were opening to a number of ideas. Some pay be short term, some may be long term. It is essential that the structural issues we talked about for two years since ive been around, the ip theft, forced transfers of technology, the cyberspace hacking, espionage, trade tariffs, nontariff barriers, that stuff has got to get solved. Well see what they put on the table and anything is possible. Charles lets lets go to edwad lawrence some exclusive new details from the white house. Edward, your tweet moved this market. Reporter no i dont know about that but there is favorable goodwill felt in the atmosphere right now. Right now the deputy level delegations went back into a meeting. They broke for lunch. They went 30 minutes ago
Minor deal that would be open. As far as no more tariffs would be open as far as two more rounds of duties in return, they said they would be open to things. Speaking on the background in terms of noncore recession saying they still would not budge. That was an official speaking to one news source. Lets take a look at what would happen in asia the nikkei came under pressure hang seng down about. 8 and shanghai am coup about. 4 markets go up or down based on what rumor or headline at any given point on these trade talks scheduled to begin tomorrow in the United States. In europe, the bachl dax is up y about 1 looking at the treasury market, yields are higher. The 30year, a little higher than where we were yesterday the twoyear sitting at 1. 44 . Eunice yoon joins us now. Did we sleep last night. We look horrible without these thanks for pointing that out. Mine is too bright. We are going to toss to eunice ill tell you what way was thinking about on my way in. Did you hear about how many
Its its had for the past you know 2 decades nearly so what were looking for now is whether there is a precipitating action from the iranians or from the saudis once they finish this investigation the u. S. Seems perfectly content to sit back and remain defensive for now but what we understand is that there is u. S. Involvement in this investigation as to the location of the launch of these attacks furthermore what we do understand phenomena at least is that President Trump clearly in the run up to an election the for 2020 does not want to get the u. S. Involved and another. Military adventure so he put it in the middle east at a time when hes trying to draw down troops from syria and indeed from afghanistan. Absolutely trump campaigned saying he was going to pull troops out of afghanistan pull troops out of iraq youve heard that hes been following through with that talk about afghanistan in the last thing he would seem to want with that 2020 election coming up would be another engageme