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Yellen wrote to the president. I quote. As i prepare to leave the board im gratified the Financial System is much stronger than decade ago, better able to with stand future bouts of instability and continue to support the economic as parises of American Families and businesses. She went on to thank those for her times at fed and to say that she has faith in jay powell going forward. This at the white house gives President Trump even more latitude to potentially shape the Federal Reserve board of governors going forward. He still needs to name a vicechair and three fed board governors. It was an interesting relationship, trish between President Trump and janet yellen. Back to the campaign he said she sho ....
Which of will make us competitive again and Companies Wont be leaving our country. Finally our tax plan will return trillions of dollars of wealth to our shores so companies can invest in america again. At the same time were working to reduce wasteful government spending. We will hear from budget director mick mulvaney, who is working with my cabinet to find taxpayer savings in each and every department. The cabinet members that are with us today are working on getting reductions to their various departments we think we will save a lot of money, even lower than the budgets and the budgets were submitting. Well be working on health care, infrastructure and welfare reform. Well look very strongly at welfare reform. And that will all take place right after taxes. Very soon, very shortly after taxes. So well be submitting on health care, plans on infrastructure, and plans on welfare reform, which is desperately needed in our country s ....
He has put in a deadline on all of this. Well give you the latest straight ahead. Former Trump Campaign manager Paul Manafort indicted on multiple charges, tax fraud, Money Laundering conspiracy against the United States, all stemming from transactions years before the 2016 campaign. Will this be a distraction . Or will the president push forward with a progrowth agenda . Does that literally no pun intended, trump all . The russian dossi and sketchy uranium one deal saying quote, the American People have the right to know what the government does. They do. Why isnt the Congress Investigating democrats in all of this . Well tackle it. First new det ....
President made a couple of headlines. Stuart went through them. The tax bill from the house by thanksgiving. Wants a signing ceremony here at white house by christmas. When he was asked whether or not the corporate rate phased in, he said hopefully not. Well see the video here from the president. Deeper comments coming in upcoming minutes. Here is what i tell you about this meeting this is trade association types, for example. National soar of manufacturers, u. S. Chamber of commerce. Business roundtable. The way one source described this meeting was this the white house is trying to get the Business Community tied in together. Depending what association you might be in, you might have a different interest here while your colleague might have a different interest there. They try to unveil this republican tax bill tomorrow. At least the white house is trying to get all the different groups together, hey, lets set aside divides. ....