And the senate bill, will speaking on the floor. Trump, justident staying on point, how can President Trump tax cuts for the middleclass when the public does not seem to look at it that way . Nancy pelosi giving Closing Remarks. The house of representatives what i woulder will is republican, they the at the lowering of the majority have seen the 401 k s grow. What they are getting back from the government. Might frustrate them, especially when you go to battleground states like michigan and pennsylvania. Pelosi, a nancy minority leader and used to be speaker of the house. This has often litigated out. Is that true . Will push back ferociously against that and here is why. There are broad frameworks debated for decades. Wealthytaxes on individuals and corporations would stimulate growth or we are happy to have debates but provisions in both bills in the house and senate bill have literally just been added in recent days that radically transform the landscape. State and local deductions
Today. I lost count of number of record hit since trump took oval office. Got to mention bitcoin. Talk about volatility . Up and down thousands of dollars per hour, right now the price top of the screen in the middle, 15,575,000 per bitcoin. Got it. Politics, you will hear the words due process a lot. Two highprofile departures for alleged sexual misconduct. Trent franks, arizona republican, he asked two female staffers about being surrogate mothers. He is out. Harold ford, high level wall street guy. He denies harassing a woman but he has been fired. Well update the disasterous california fires for you in just a moment. Varney company is just about to bin. To begin. Stuart more on the solid jobs report. Look at this, the Southern California wildfires. Wild indeed, ashley. Ashley six large wildfires burning 140,000acres. We had a new one break out near the san diego area. It ripped through a retirement community. These are like trailers. Golf course there. Dozens of homes burning. Peop
Cspan, where history unfos daily. In 1979 cspan was created as a Public Service by americas cabletelevision companies and is brought to you today by your cable or satellite provider. Up next an official with the International Energy agency on the future of coal. His organization is forecasting decreasing coal usage as use of Renewable Energy continues to increase. From the center for strategic and International Studies, this is about an hour and 15 minutes. Good afternoon my name is jane, and senior fellow with csis National Security program. Its my great honor to welcome peter fraser who is the head of gas coal in Power Markets Division for the International Energy agency based in paris. He is here to launch the call 2017 analysis and forecast of 2022, thats the thats the name of the publication. Cole has been the world dominant fuel for more than a century but its the future use has been under quite a bit of scrutiny today. The power sector, certainly i guess robust deployment of ren
Rona romney mcdaniel. Melissa get right to it. Blake burman standing by at the white house where the president wrapped up a celebration for passage of tax reform along with republicans from the house and senate. Blake, what is it like there . Reporter a lot of lawmakers filing out of the white house, a lot of republicans here because this was a massive as the president often likes to say, victory for not only republicans on capitol hill but also for the president , husband first major legislative victory so far in the first 11 months in office. The president had senate republicans, House Republicans along the south lawn behind him here. House Speaker Paul Ryan they touted this as speedy promise kept. No we havent even been a year and we did the largest tax cut in our history. What this represents is a promise that each and everyone of us made to the American People last year, is a promise that is kept today. Reporter now this tax deal for republicans and the president comes after they
All right, america, youre so money and dont even know it, maybe you do because your Stock Investments hitting record highs yet again. Look behind me, all three major indexes higher for a fourth straight day you see, mr. President , somebody is talking asht ining about it. Surprise one of the big winners this week, ge, up 6 in the last five kays were going to chat with an analyst sthat says the beaten u ge could go 50 higher from here check out other movers this hour, cvs health, xilinx, underarmour, up, leading the s p 500. Welcome, everybody, im Tyler Mathisen we kick off the day with the jobs report, first of the new year payrolls for december missing the mark the jobless rate hitting a 17year low. Wages rising not blowout pace, but nice Steve Liesman in philadelphia breaking down the numbers and looking at what it all means for rate hikes this year steve reporter hey, tyler, thanks. Yeah, it was a weaker than expected jobs report, but economists said it didnt really change their vie