Youre watching the context on bbc news. After a three week power vacuum, the us House Of Representatives chooses mike johnson as its new speaker. Lets go straight to mr trump, who is speaking, and we will have a listen in. ~ h, is speaking, and we will have a listen in. ~ , a, a, listen in. Also, it is a statute that is never listen in. Also, it is a statute that is never used. Listen in. Also, it is a statute that is never used. It listen in. Also, it is a statute that is never used. It was listen in. Also, it is a statute l that is never used. It was only listen in. Also, it is a statute that is never used. It was only used for trump. This is a very unfair thing, and other businesses are watching it and theyve moved to new york. As far as the speaker is concerned, he is a fantastic gentleman, and i think it will do a greatjob. Mikejohnson, louisiana, he will do a greatjob. Greatjob. Mike johnson, louisiana, he will do a great job. He will do a great ob. There you have it. Former he w
Let us quickly check on the markets. Quite a lot going on. I am looking at the stoxx 600 in europe which is gaining a touch on the backs of gains in Energy Companies and a bullish outlook from one of the sectors bellwether. Looking at the dollar. And the fed and what we will hear from powell. Therude oil including impact of the opec meeting. We need to wait a little more to see how long we will cut production. A lineup our lineup today is looking pretty good. We feature some of the top names in banking and economics including Tidjane Thiam. We speak strategy and outlook on the Global Economy. And jim oneill. He speaks u. K. And emerging markets. Later, we will also speak with John Studzinski from blackstone. Let us get straight to the bloomberg first word news. Nejra in the u. S. , the Senate Tax Bill is headed for a debate. Should it pass, Republican Leaders will have to hammer out a compromise. Two republican members of the senate what your say they may not agree to vote the measure
Desperate luminary aprils preliminary university of michigan sentiment. David welcome back to the program. Is it as good as he makes it out to be . So far. I havent been through the full release. The Biggest Surprise coming from trading, whenever they have a big beat like that, that is the first place i look. Fixed income coming in betterthanexpected. Growth came up 17 yearoveryear. Analysts expected trading to be down and was actually a bit higher. Long growth came in around 9 . Trading, weok at focus on the Net Interest Margins. The industry statistics have shown a big slowdown. Question andk the there wasnt a solid answer as to why the industry was showing slowdown. Some of the regional banks have been sing that theyve been saying Slower Growth saying that theyve been seeing Slower Growth as well. David it is tapering off somewhat. Yes. Last year, a lot of the growth came from mortgages. Holding more mortgages on your book. Where investors are focusing this quarter is the slowdown i
Im spend half of my life saying for the love of god, brush your feet or get in the tub, and no one listens. And ben says better get in the tub and they jump right in. Right after i dropped out of college youre the worst testimony for staying in school i have ever seen. I dont have that paper. You have everything else. So every now and then, an interview can kind of go off of the rails. When it comes to ken jong, all you can do it try to keep up, especially if youre terri seymour. So where y do we love ken jong. So funny. He always comes to play. That was horrible. That one was called vomit. Umm really, that one is sausage. Thank you, i am the poor man, asian kevin hart. I cant believe i would be standing here, talking to you, and getting heckled by that guy. He has never forgotten where he came from. My career has been a happy accident. Now he is hosting a tv show in his laosly based real life. Hello, im terri seymour. Shout out to terry seymour. But ken still uses his medical know how
Evidence. This is part of the civil case where penn state is trying to prove its insurance carrier to reimburse the university for tens of millions of dollars in Jerry Sandusky settlement claims. It is alleged that the 14 yearold asked for a meeting with paterno and while walking with him he says he toll the coach that sandusky had molested him. Paterno, according to the deposition allegedly responded i dont like to hear about any of that kind of stuff, i have a football season to worry about. The victim testified, paterno then ignored him. The it is claimed john doe 150 kept quiet about the abuse until early 90s. As much as we we would all like to make paterno into a saint he wasnt. Reporter Marci Hamilton represented a sandusky victim. She and other legal experts say these documents are significant. She said time line of sexual abuse and when the university, including paterno knew you about it, it is much broader then first thought. Hamilton points to word paterno released in the sta