A federal judge has declined to temporarily stop construction of the final section of the Dakota Access pipeline. It means that have could be operating this month. The Standing Rock and Cheyenne River cioux asked sioux asked the judge to do directed the lay corps of engineers to pipe. No final decision has been made on the merits of the tribes claims that the pipeline threatens cultural sites, water, and religion. Global news 24 hours a day powered by more than 2600 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. Scarlet live from bloomberg World Headquarters in new york, ims followthrough. Joe and im josie wiesenthal. And im joe weisenthal. Scarlet stocks are trading 1 below alltime highs. Joe but the question is what you miss . Bill to the republican his obamacare is being savaged with one senator saying it is dead on arrival. House speaker ryan and a Committee Chairman on the Affordable Care act will be holding a News Conference on the capitol.
In the next hour we will be talking with sheila patel, Goldman Sachs ceo international. Xi and talk about President Trump in light of that north korean Ballistic Missile overnight. Also, how are investors in asia handling that a geopolitical risk and the potential of a trade war. David that is looking towards asia, what about europe . On brexit, we will have some discussion about the terms of the negotiation. Alix the Eu Parliament approving that deal, saying youve got to pay your bill before we talk about the transitional agreement which will be most at most, three years. Who better to speak on that than Andrew Wilson, Goldman Sachs ceo of europe . Middle east as well as africa. It should be a great conversation. David jonathan will be very happy since you touched on south africa. Good to have you down there. Now, we will be getting the feds if rmc meeting last month. Yesterday the fed was in the news for different reason where kersident jeffrey lac resigned abruptly, admitting a role
So whats the first thing we do . We tax it. We call it earned income. While another category of income called unearned gets a preferential rate. This is a discussion we need to have. Second point, simplification. A few years back we had a Tax Reform Act here, a number of, it was controversial a number of us voted for it, it passed. Before doing that, i decided to run up the road and see someone who lives near where i do, his name is warren buffett. Warren buffett and i have different philosophical approaches on many things, but he was generous to welcome me to his office, we spept about an hour together, and i wanted to get his look at that tax bill and some other things. In an interesting exchange, he turned around to his credenza, pulled out a file, an old file, pulled out a single piece of paper, and said, jeff, do this. Lets do this. Put the tax code on a piece of paper. Simplification. Now, a tax coat in reality cannot always be cut. It has to be optimized. We have to run the gove
Service. He will not give an opening statement, but is available as a resource to answer any members questions that may arise. Begin somewe want to brief questioning by the members of the panel. It is my pleasure to recognize first representative bobby scott of virginia. As a cinematic opening comments, most of the comments are based on the mathematical curiosity that in a close election, the Electoral College and the popular vote may not agree. If youre counting electoral votes and that is what you count just like in the world series you can get outscored but still win. We heard a lot about swing states. One thing about a swing state is it assumes you have in the bag enough to get close to 270. You will spend your time on the last couple of states, just like is a president is trying to get a bill passed. When you get close to 218 in the house, a handful of members get all the attention. Those last few senators will get all the attention. That assumes that you have in the bag and off t
Service. He will not give an opening statement, but is available as a resource to answer any members questions that may arise. Begin somewe want to brief questioning by the members of the panel. It is my pleasure to recognize first representative bobby scott of virginia. As a cinematic opening comments, most of the comments are based on the mathematical curiosity that in a close election, the Electoral College and the popular vote may not agree. If youre counting electoral votes and that is what you count just like in the world series you can get outscored but still win. We heard a lot about swing states. One thing about a swing state is it assumes you have in the bag enough to get close to 270. You will spend your time on the last couple of states, just like is a president is trying to get a bill passed. When you get close to 218 in the house, a handful of members get all the attention. Those last few senators will get all the attention. That assumes that you have in the bag and off t