Two most powerful the world meet at the table . Join us now is michael mckee. Well get to that in just a moment, but we heard about the 250 billion with of deals telegraphed well beforehand. From the economic side of things, what do we expect to see from the u. S. President in china . Michael Public Relations is what you will get out of it. The president goes to beijing without his top economic advisers, gary cohn and steven mnuchin, left back in washington to keep on top of the text debate. Hes also going without representation when he goes to these countries. He left south korea and japan without any progress on a trade deal. The situation with china complicated by his desire to do something on north korea. We cannot really pull out the hammer and threaten them with any kind of sanctions law hes trying to do that. Look to these deals as the signature event of the trip. The chinese like to do that. When they come to washington or u. S. Leaders go to beijing, they usually announced a n
Slightly lower. Now we have seen something of a turnaround. Here are some large stocks like apple that have been rising. We continue to watch the developing story of whether at t will be successful in its 85 billion acquisition of time warner. The company is ramping up preparations to fight the Justice Department in court if the agency sues to block the deal. This is according to people familiar with the matter. At t said to be unwilling to part with some of the Networks Like the nn, hbo, and wb studio. The chief Financial Officer john stevens said the timing of the deal, which was originally expected to close at the end of the year, is now uncertain. That is what triggered the selloff and time warner. Down nearly 5 . At t little changed. As a result of the elections across the country, we are watching the drug makers today. Voters in ohio defeated a Ballot Initiative to cap drug prices paid by the state at the same discounted level paid by the u. S. Department of veterans affairs. Thi
Lord, infuse our senators with a spirit of humility. Enabling them to refuse to become legends in their own minds. May they ultimate v8 they cultivate esteem for others, seeking opportunities to practice the golden rule due unto others as you would have them do unto you. As they work to find common ground, give them your wisdom and peace. We pray in your strong name, amen. The president pro tempore please join me in reciting the pledge of allegiance to our flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Reid mr. President . The presiding officer the democratic leader. Mr. Reid i was disappointed last night to learn the Supreme Court temporarily halted the implementation of president obamas coal power plant program. This was an especially stunning move by the Supreme Court, given that just weeks ago the d. C. Circuit court of appeals categorically reje
Immigrant populations. It is just huge the effect that will be unleashed for the country and thats part of why you know business is so strongly supportive. I agree with that. I think the argument that were missing is an argument an economic argument that connects with the average american. Levels are low compared to theyre compared to the years carter was in office. What we need to show americans, immigrants dont take jobs away from American Workers, like some people think. They actually help create jobs, good paying jobs for americans. Thats an argument that resonates with americans. I think we need a populous economic message to American Workers to say look, dont fear immigrants. Theyre actually helping create jobs for you. If you have people in the kitchen, cleaning dishes it would be very difficult to create good paying jobs for waiters that are going to be taken, jobs taken by americans. This is a very Important Message that we have failed to make. And thats part of the problem we
[ room noise ] okay. All our new mayors that are in the audience, please stand up. We need to see you and know who you are. [ applause ] all right. We know this group will be instrumental in defining our priorities and helping this organization go forward. I am now very pleased to bring to the podium one of those rookie mayors. She is from the great city the District Of Columbia. Mayor bowser served as a City Council Member for eight years prior to being elected. For yearly 35 years the conference has been fully supportive of full Voting Rights for the District Of Columbia. [ applause ] mayors lets give a round of applause for Muriel Bowser thank you. Well, good afternoon, mayors. And welcome to your nations capital, my hometown, our capital city, washington, d. C. And thank you, mayor johnson, for your kind introduction. But most importantly for your leadership of this conference and your great city. Im honored to stand before you as mayor of the District Of Columbia and bring you gre