Were seeing a battle between red and blue states. Lawmakers from blue states like california and new york, that they are furious that the plan eliminates local and state Tax Deductions. I am from new york. Here is the thing. It is not fair places like new york, california, and others effectively getting a free pass. They are subsidized by money from every other state in the america. We need a level Playing Field, to make it fair for all states. Texas republican congressman brian babin, sounding off on that in just a few minutes. First were going to adam shapiro. He has very latest on path forward for the tax plan. Adam, is it going to happen . Reporter if i could answer that question i would be a millionaire and not in this job. Whether tax reform happens this year or next year, that is up to mitch mcconnell, who keeps saying this congress. Talk about issue you brought up, repeal of state and local Tax Deductions. Democrats would say to you, that you point out other states subsidizing
See certain the Congressional Black Caucus foundation discussion is available on cspan. Org. Well leave this and take you to a discussion in washington on financial regulations and their role in the u. S. Economy. Youll hear from robert cook, president and chief executive officer of the financial industry regulatory authority. Live coverage here on cspan3. Robert and i talking about developments. Were going to have you, the audience, become part of the discussion. Let me take a minute or two to discuss or frame our discussion and then introduce robert. A regulator of central importance although not widely understood and a lot of people dont know a lot of things about it. It is commonly called a Self Regulatory Organization or sro. Its a delaware not for profit corporation. It is not a Government Agency. Yet, it is important in terms of its size and scope. It has a budget of approximately 1 billion which compares to the s. E. C. s budget of 1. 6 billion. It has approximately 3,500 emplo
Cable down 1 10 of 1 . Theyll the u. S. Dollar. Gold, a little bit higher and the vicks still stable. What it wants a meaning for equities, we will tackle that. David a big day not just because alix is back. Itsbank of england with latest Monetary Policy decision. We will get u. S. Weekly jobless claims. At 9 00, republicans promise they will give the details of their tax reform bill. 3 00 this afternoon, President Trump will announce his pick for the next fed chairman. Jonathan President Trump is jerome be tapping powell. Heres what guests worldwide have been saying about the man who could be the next chairman of the Federal Reserve. Experience is in private equity as a salesperson rather than investing. Im not sure what he knows about the inner workings of financial system. I dont agree with bill grosscomments this guy not being an economist is a hindrance to his ability to do the job. Powell has the equivalent of more than one phd in Monetary Policy given all the time he spent in go
Im an only child had a great childhood i have two amazing parents gave me everything i needed. Flat went out yeah. I mean we were but it was so much love that we didnt really notice. We grew up and then vitamin way out you never really know who is going to hop on that case all of them to. Come had previous generations. Might not be able to for the best pair of shoes but were not even in poverty. We make plenty of money make we make plenty of money its not like we won the lottery and moved into a big fancy neighborhood. My integrity is what i had you know a long time ago peoples word an integrity. I grew up happy. In the appalachian mountains. We had a good christmases we have love i was. But now. Just. What the hell am i now. Hear me. No challenge is more urgent. With another some of our country work a frightening number of people doing well but our goal or number barely get by. Or we can restore the economy where everyone gets a fair shot and everyone does their fair share and everyon
To know the movie magazine every weekend on d w. Im an only child. And a great childhood i have two amazing parents gave me everything i needed. Flat went out yeah. I mean we were but it was so much love that we didnt really notice. We grew up and then vitamin where you never really knew who was going to hop on that case all over. Come had previous generations. Of two for the best pair of shoes but were not even in poverty. We make plenty of money like we make plenty of money its not like we won the lottery and moved into a big fancy neighborhood. My integrity is what i had you know a long time ago peoples word an integrity. I grew up happy. In the appalachian mountains. We had a good christmases we have love i will help. But now. Just. What the hell am i now. Hear me. No challenge this morning. With another summer for country work if like the number of people doing well barghoorn number barely get by. Or we can restore an economy where everyone gets a fair shot and everyone does their