Pulled off in germany. But first, a possible thanksgiving truce on trade. The two deals on the table are moving closer to resolutions. As you can see the markets are happy. President trump saying the u. S. Is in the final throes of reaching a trade deal with china, while mexico says Speaker Pelosi will hold a usmca vote between thanksgiving and the end of november. Edward lawrence has the very latest on the tray front to capitol hill. Sounds likes mexico knows more about this than we do. Reporter david, not a vote. She says she will get the agreement between thanksgiving and the end of november but House Speaker nancy pelosi clearly feeling the pressure. She did release this statement now saying that, quote, we are within range of a substantially improved agreement for americas workers. Now we need to see progress in writing from u. S. Trade representative for final review, using the words, final review there. Mexicos chief negotiator was told by the House Speaker he says, that she sho
Train to one thing when investors is rising investment rates. The holding of 257 friday to. 7 right now. Before your hide. Lauren the ftse down 30 together to put one in the dax down 25 in germany. Cheryl japans nikkei slumping one and a quarter . Chinas shanghai composite down 1 . And then there is this. He had a longtime fear of being poisoned. One reason he liked to eat at mcdonalds. Lauren did not help the grammys ratings. Fbn am starts right now. Cheryl 5 01 a. M. In new york. Tuesday, january 30th. Good morning from cheryl casone. Lauren and lauren simonetti. Big night tonight. Drain to obviously a lot on the agenda. A lot of the agenda today. What a year. Lauren breaking news overnight when the House Intelligence Committee voted to release a controversial memo marked classified. This memo alleges the fbi abused the foreign Intelligence Surveillance after five to two target the trunk campaign in 2016. Some lawmakers described as those for pages as shocking and troubling. But pope
Host last question quickly, alexis. About transition planning, can you describe what the Economic Team is doing collectively, how far you are in thinking about transition planning, coordination, information gathering . Mr. Furman i can tell you for the council of economic advisors that weve had a long standing tradition of we hire our staff mostly one year at a time and they work from summer to summer. So i am right now hiring the staff that will work for me for six months and work for the next president , whoever he or she is for the First Six Months of their term. Certainly in my experience in this administration, president bush as a whole had an extremely effective transition and one that we would like to emulate, and i know the council of economic advisors, its always worked well, and it wont be an exception this time. Is there one person for the Economic Team thats coordinated who is the designated mr. Furman i dont have anything for you on that process. You cant say . Mr. Furman
If you can also find us online. Here is the headline in the New York Times. The pew center has a new study out called the impact on the fiscal cliff on states. Here is what it says. We would do more into these and how they will specifically affect states on an individual basis. There is a question on whether the fiscal cliff would hurt. It says our question for you this morning is whether the states should have a stake of in negotiations. Looking more in the story the New York Times. It says some of the benefits states could receive, nobody is retained that president obama and republicans in congress will fail to reach an accord because they feel they fear that the resulting combination of spending cuts and tax increases could prompt another recession, which their states can ill afford. Lets go to houston, texas and hear from barry. Caller high. Host am i should sit seven role in the negotiations . We are hearing about how republicans and president obama are negotiating. Caller i think
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