Household name. People know his name from public institutions, obviously from the banking legacy. Theres not a lot about him. Can you tell us about him and what you found so compelling about him as an agent and an actor within this story, this landscape that you are drawing. It. When i first started looking into this time. , i know a lot more about roosevelt did about morgan. As is probably true of most people. When i realized as i began researching is that this was really morgans world that roosevelt very kind of quickly and abruptly and welcomed in terms of wall streets point of view, treated. By the time roosevelt became president. Morgan was at the peak of his power and if he was the king of wall streets literally called zeus. On the eve of the inauguration. Roosevelt Vice President morgan had created the first billiondollar company in the world. Still with us today. As a company that employed more than any other company and control enormous amount of production. It was a huge mono
The play was just extraordinary. Alix that was the winning moment at the end of the whole game. David and he didnt get up. Alix i do not blame him. The real action is going to be looking at the dollar, kind of around a two week low. Other than that, steady as she goes. The 10 year yield back by about three basis points. Crude, if itnt out is policy steady as she goes, that means more saudi production cuts. Crews wanting to kiss that 60 for crudeg wanting to kiss that six together level, waiting for toio draghi crude wanting kiss that 60 level, waiting for mario draghi. We begin with china, where the country faces and import and export deceleration in the month of august. Bloombergs enda curran has more. Just how bad was it . Pretty bad because economists were expecting exports would have grown. We had a contraction of 1. 1 , and there was evidence of a big slump in shipments to the u. S. , even as exports to europe grew, so it was clear the trade war affected all of that. The big fear
At tax reform and the proposal republicans released today. We will hear from paul ryan and the chair of the ways and Means Committee on the republican side. Crocodile, Democratic Leaders in the house and senate responded to proposal. The first in the house press gallery. Has a rock and have unveiled their tax reform bill hr 1. We are joined by a tax reporter from politico pro. How did this tax reform bill come about . What was the process like . It has been a busy year on the committee and with leadership. Theyve have coordinated with their Senate Counterparts and officials from the white house. President donald trump is involved in driving the store the finish line. It has been a busy year on the tax front. It has been many years in the making, but when President Trump was elected, i think the republican members of congress saw this as an opportunity to really drive things this year, 2017. We have a link to the bill on our congressional product with a couple of highlights from this ti
Give you his take on the treasu secretary testimony. He will give us an update on possible tax reform. Francis rooney was once a top ambassador. He will tell us whether the pope well have any influence on how the Trump Administration conducts business. He handed him a book about something we will take but thats what thats all about. The global manhunt for accomplices zeros and on libya and the bombers family. The attackers attackers father and brother have been arrested. There is a library port on who theyre looking for next. Two or three or ten points depending on which youre looking at tapping 21,000. And now slightly below it. Theyre focusing in on yet another record close as a federal services it might be prudent to wait to see if that slower firstquarter data is just a one on. Will start the countdown. The Federal Reserve agrees to weigh on data before raising rates for the as it focuses on drying down its 4 trillionollar balance sheet. The latest notes out of the Central Bank Les
Year. There will be different delays caused and directing people depending on what they are working on. Thats right. When they finished this you will see various detours, and this is the detour for today, southbound i ate 80 traffic light i880, and you can get by on the detour with just a few minute delay, but if it were me i, instead of using 880 used eastbound 580 and avoid 880. Northbound 880 is open past the Construction Zone so dont worry about northbound for today because that is open. Again looking at the closure were people are getting on, you can see the flagman or someone directing traffic to get you back on the freeway so it will be a while, so give yourself extra time. Looking at 580 westbound on the Altamont Pass, the tracy commute is not bad with traffic looking good into the Altamont Pass so far as well as into dublin. It is 4 02 am. Welcome back steve paulson. Thank you. I am well rested. We have the last day of july looking similar to what the entire month is been with