so, you know, what did he advise donald trump to do and really why. i mean, right now the special counsel, the investigation is clearly moving beyond what happened during the campaign into what happened during the administration, reaching into the president s clearly inner circle. is that more likely, you think, chris to spark a reaction from this white house? yes. i think we can say that definitively, yes. we knew it was moving up the chain of command or at least at a pretty high level chain of command on monday. right, the indictment of paul manafort. now for things unrelated to russian collusion, but paul manafort was the campaign chairman, that s a pretty big role. this gets sort of into the innermost circle of donald trump s world. right. we ve always known he has a small inner circle of people that he actually sometimes listens to. i don t think he listens to anyone all the time, but he sometimes listens to, and that beyond melania trump, ivanka trump, and jared kushner, i m
also two huge economic stories developing right now. president trump has nominated a current federal reserve governor, jerome powell to head the u.s. central bank. first pick by president obama for the would replace the current fed chair janet yellen. the first time in four decades a new president hasn t asked the current fed chair to stay for a second term. also earlier, the president joined house republicans in rolling out their new tax bill which would sharply reduce corporate taxes. middle income americans should benefit, many face the painful loss of popular deductions. the president is pushing to have a new gop tax bill sienled by chris, but some key republicans are already pushing back. let s go to our congressional correspondent, tell us what this plan would do. well wolf, the ink on this tax bill is essentially still drying and many members left here with a little bit of uneasiness about what exactly is in the bill tonight and keep in
of how controversial and how difficult any tax issues are and any legislation regarding taxes are. i mean, you re really having a tax debate right now and you see why this has taken decades to really change the tax system in this country. i would sty chris s point however this is something i could argue the president cares about even more than health care or at least would like to think that he is more familiar with and knows more about as a businessman. so, yes, it s hard to see how anything could get to his desk before christmas, but i could foresee a situation where we revisit this in the new year, and a quicker way than we would let s say health care. very quickly to play devil s advocate. the proposition, the longer it sits out there, the easier it is to pick over five things you don t like. they collapse under their own weight. it is possible, mitch mcconnell wanted that quickly, didn t get it and it collapsed. maybe you really try to push like crazy to get it through by christ