Woodrf all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by life isnt a straight line, and sometimes yocan find yourself heading in a new irection. Fidelitys here to help you work through the unexpected, with Financial Planning and advice for today, and tomorrow. The william and flora hewlett foundation. Ha for more50 years, advancing ideas and supporting institutions to promote a better world. At www. Hewlett. Org. And with the ongoing support of these institutis and individuals. This program was made by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff the nation echoes again tonight with protests over Police Violence against black americans. And, there are mounting calls for wholesale changes in policing. All of this comes amid final farewells for the man whoseat galvanized a movement. White house correspondent coverage. Lcindor begins our alcindor lines ole snak
2. 48 our roadmap begins with futures on the rise as the tax bill passes the senate set to pass the house again. Well get the latest on what the highly controversial plan means for business and individuals. Fedex shares are up on strong earnings and ceo laying out how he believes the new tax plan will benefit his country. Bitcoin in bear market territory. Well look whats driving the wild xring swings and one crypto is out. One step away from the president s desk, the senate pass the gop bill along party lines after amending it because of a procedural snag legislation goes back to the house for a revote slated to take place in a few hours. The president will hold a News Conference afterward gary cohn, the chief white house economic adviser spoke to mike allen a few moments ago. This is what he said about taxes and how the stock market is spend responding. I think theres more momentum in the stock market. What do those two baskets tell you that tax cuts are not priced in the stock market
Reform promised by the white house was delivered on time. And now, as the wrapping continues to get ripped off, were finding out more and more about the impact of the new law. And now more companies are coming out with figures on how their bottom lines might be affected. Positively, negatively. Morgan brennan has a look. Reporter Corporate America is finally beginning to release hard numbers from the Immediate Impact to the Balance Sheet from tax reform. Insurer chubb expects a bottom line boost in 2017. Daimler and bmw, although bmw added it couldnt quantify the tax effect for 2018 just yet. These announcements coming after fedex kicked off the trend last week, saying reform could add 1. 5 billion in profit to fiscal 2018, before the bill had even become law. Were encouraged by the tax cuts and jobs act, the legislation advancing in congress at this very moment. This legislation offers pro growth, pro Business Tax Reform solutions that will power the economy, increase business investm
All right, all right, sit down. Thank you, everybody, thats very, very nice. I have a massive cold and that makes me feel better today. I feel more well given that nice introduction. Thank you there martin, what should i say, whatever you say make it short, we got a lot to cover here. I think he referenced who we have with us but i want to thank all the folks here at uconn university. They do a fantastic job every single day here. Thank you for opening this up to representatives Caroline Simmons and tom and dan fox, thank you for being here. I want to get right to this. I am sure you have loads of questions about what is happening and what has happened and i want to answer them. We are going to talk today about a lot of things. The foundation of it, well talk about the rule of law. We are going to talk about the simple idea of the root of this country since our founding that no individuals, no matter how powerful or what title stands before their names supposed to be above the set of r
[applause] thank you. Sit down. Sit down. Thank you, everybody. That is very nice. I have a massive cold and that makes me feel better today. I feel more well with that nice introduction. Thank you, mayor martin. He asked what should i say, and i said whatever you say, make it short. We have a lot to cover here. You referenced to we have with us, but i want to thank all the folks here, such as fantastic job every single day bringing Educational Opportunities to kids and adults here in stamford. Up toyou for opening this representatives Carolyn Simmonds and thank you for being here. I want to get right to the meat of this. Im sure you have loads of questions about what is happening, what has happened and i want to answer them. About a lot ofay things, but i get the foundation of it, we talk about the rule of law. We are going to talk about the very simple idea that has been at the root of this country since our founding that no individual, and matter how powerful, no matter what title s