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reports. we begin with breaking news, in the last 24 hours, donald trump suffering two major legal blows when it comes to his actions on and around january 6th. three judges, on a federal appeals court unanimously dismissed trump s claims that he has immunity from several claims connected to the capitol riot. the judge overseeing the justice department s criminal case ruled trump has no protection from prosecution as a former president. let s go right now to nbc s dasha burns joining us from cedar rapids, iowa. where donald trump is expected to speak in this next hour. welcome to you, dasha. how is trump s legal team reacting to these back-to-back losses? well, trump spokesperson is reacting to both of these lawsuits, saying in a statement, in a response to the federal appeals court ruling, this is a limited narrow and procedural ruling, the facts fully show that on january 6th, president trump was acting on behalf of the american people. carrying out duties as presid ....
The two things we are focused on , the middle cap middleclass give a tax cut, and it the Corporate Tax rate is as low as we can get it. Senate finance will consider plan next week while the house bill will go to the floor for debate. Consumer confidence in the u. S. Stayed high. The Consumer Fund act stayed in afidence was range that is close to a 16 year high. Talks have resumed. Both sides are hoping to agreement by the end of the year. Wants to get a deal quickly to move on to negotiations on trade. Global news 24 hours a day powered by 2700 journalists and analysts in 120 countries. This is bloomberg. Julia live from bloomberg headquarters in new york, im julia chesley. Fu, im scarlet joe im joe weisenthal. Whatd you miss . Meanwhile the house ways and Means Committee has advanced its tax plan. Paid in highyield and s ....
5 00 a. M. In london. Vomiting of im yousef. Tracy and im tracy alloway. Yousef we saw that record again in the yuan. Here are the numbers as they came in. The line and white, that is your expectation. Re in was in mind, 3 trillion the key level we were looking at. That is your line in red there. Anything below that would have led to more capital outflows, and the consensus was policymakers would move to make go below they did not that redline. Also highlighted in blue, that is your spread between onshore and offshore, which again, as you can see, take a look at that pop we saw last week. That, of course, is the focus on the Global Investment themes we discussed. Tracy i love this choice, because some a yousef, so far this year the chinese money markets have been then the story have been the story of 2017. Yousef were looking at the u. S. Economic data. Talk us through the u. S. Close, the market reaction. Tracy sure. We saw so ....