The [inaudible conversations] good afternoon. Welcome to the National Press club, the place where news happens. Maybe andrea snyder, part of bloombergs breaking news desk and Vice President of the club. Before we get started, would like to remind everyone to please silence earphones. For viewing and listening ideas, please feel free to also follow the program on twitter using the hashtag addin pc life. It seemed to introduce her head table guests. I would like to ask you to please hold your applause until all the guests are introduced and i would like each of you to please him briefly as was announced. From your right we have sarah riordan, reporter for a magazine. Fatah chief strategist in npc have letters member, currently mcwilliams for the Senior Advisor to the fda commissioner, marine, washington correspondent with use site today, jennifer rodriguez, commissioner for affairs of the u. S. Pa. The medicine and health editor, kathleen quinn, Senior Adviser to the fda commissioner. He
Debate on whether investors should be buying this weakness before other banks report. Citi had been trading at an intraday high in the session earlier. Yes equifax shares dropping on reports of another hack. Well bring you those details and how the company is responding shares down about 1. 25 . As i said on twitter, whats left to steal. Im one of these idiots, if you may, who signed up for the whole thing. Yeah President Trump signing an executive order, you saw it live on cnbc, regarding healthcare. Well tell you whats in the order and well get reaction from that man, the former ceo of aetna, ron williams will join us to talk about whether he would if he was still running aetna, would he participate in the plan thats being brought up in this executive order . But we begin in washington with that surprise appearance moments ago at the White House Press briefing eamon javers was there to witness it he has more on the story youre right. It was a dramatic moment in the White House Press
Credit reporting agency equifax. Last month the Company Revealed it had been hacked, potentially compromising the data of 145 million people. Since then, the ceo stepped down and apologized. Several other executives also left. There are investigations by federal and state agencies includg the department of justice. Now today the company said it was looking into a possible second breach but later in the day reversed course, kind of, instead of putting the issue on a Third Party Vendor. Andrea day explains. Reporter it comes just one month after the credit giant disclosed a hack that compromised Sensitive Information of more than 145 million people. Then today equifax, taking one of its consumer web pages offline, the same page people use to dispute issues in their Credit Report. This is all after an independent security analyst discovered that equifaxs Credit Report assistant link contained malware. According to the website, visitors were tricked into installing fake adobe flash updates
S p declining 0. 08 and the nasdaq advancing 0. 02 , we had them all. We need to do an autopsy to make sure we have the right cause of both the advances and the selloffs. So lets examine the cross currents. You know ive been saying that there will be some days where some Republican Leaders try to slow the trump agenda. Take apart the tripod that this rally rests on, a speedy end to regulation, fast repatriation of foreign money and Corporate Tax reform. In the last 24 hours, the gop Alliance Trump needs to move fast on the tripod of reforms, the ones that have helped stocks immensely, is showing some signs of fracturing. First the heavy focus on repealing obamacare is shoving the tax reform out of the picture, scrapping the Affordable Care act could make the economy grow faster. Not denying that. But its not really part of the stock propulsion program. And, yes, i am being a little facetious, but this is mad money. Its never going to be mad politics. Second, the Senate Hearings today a
Israel and whhamas. Is israel snaf particularly when we know that palestinians and gaza may just rest unand rearm for the next round . Finally as you head out into the thanksgiving traffic, ask yourself where president obama still hasnt given the green light to the Keystone Pipeline that would give us jobs and energy n independence . Now a truly Bipartisan Group of senators is telling the president to make a decision right now. First up this evening, this is the big question. Will we get a deal done or might president obama just let us go right over the fiscal cliff, take the recession, and simply blame the gop . This is a serious question that im hearing from washington all the time. So lets talk. We have cnbc contributor jack bernstein, former chief economist, and art laffer, former reagan adviser. Im not attacking obama or anything. Im just saying there is a lot of talk of stalemate. Well perhaps go through where, why and how. Staffs have been meeting unsuccessfully. Some people are