Bloomberg skip today. Robert mueller, the u. S. Special counsel, is said to be expanding his investigation to look into president Donald Trumps financial dealings. His new approach to the probe could trigger a response from the president , who told the New York Times that any digging into matters beyond russia would be out of bounds. However, we have been hearing from lawmakers on capitol hill today. Just listen into what democratic senator Amy Klobuchar said earlier. Mueller has the right to investigate this. He was given that authority by the justice department, and he reports to the justice department, and not to the president of the united states. Julia joining us now, one of the reporters who broke this story. Great to have you on the show. You called it a follow the money investigation. To what extent really is this now about russia, and to what extent is this about other dealings that donald trump has had . The whole thing is about russia. This portion of it, though, deals more
The border tax is dead. This was one of the Critical Issues in tax reform. This was about trying to keep tax reform revenue neutral. One of the ways was a border adjusted tax. About thisn talking 20 tax rate on Companies Domestic sales and imports. Staunch opposition to this. Paul ryan is telling republicans that border tax is dead. The question is, if thats the case, how are they going to finance tax cuts . Are they going to be just shortterm, not permanent . Otherwise, youre not going to be able to keep it. Scarlet thats the big question mark. This was predicated on replacing obamacare. Thats not forthcoming at the moment. We have bloomberg reporting that steve bannon has proposed increasing taxes on the highest earners. Perhaps thats another way of doing it. That is something paul ryan loved. Wasa a trillion dollars it supposed to raise. Try finding that somewhere else. Scarlet its a tricky one. Look under the covers. Julia we will bring you further headlines on that as we get them.
The border tax is dead. This was one of the Critical Issues in tax reform. This was about trying to keep tax reform revenue neutral. One of the ways was a border adjusted tax. About thisn talking 20 tax rate on Companies Domestic sales and imports. Staunch opposition to this. Paul ryan is telling republicans that border tax is dead. The question is, if thats the case, how are they going to finance tax cuts . Are they going to be just shortterm, not permanent . Otherwise, youre not going to be able to keep it. Scarlet thats the big question mark. This was predicated on replacing obamacare. Thats not forthcoming at the moment. We have bloomberg reporting that steve bannon has proposed increasing taxes on the highest earners. Perhaps thats another way of doing it. That is something paul ryan loved. Wasa a trillion dollars it supposed to raise. Try finding that somewhere else. Scarlet its a tricky one. Look under the covers. Julia we will bring you further headlines on that as we get them.
That has carried over. Julie that has happened in the wake of north korea comments from President Trump. Lower, and the selling continues into today. It is the worst twoday drop, going back to early july. Nevertheless, we have not seen downward movement of any real substance over the past month or so, so seeing some selling going on today. The selling is also being contributed to by weaker than estimated earnings, which we will get to in a moment. If you look at the size of the moves, we are seeing smaller ones. We have been showing a number of different charts today to illustrate this. Last time there was at least a 1 gain at the close was back in april. Last time we saw at least a 1 decline at the close was in may. It has been a while since we have had big up or down moves, at least by the close. Volatilityk continues, and we are seeing big declines on the earnings front. Priceline down the most in the s p 500, off by 8 after the Online Travel giant came out with a forecast for the t
That has carried over. Julie that has happened in the wake of north korea comments from President Trump. Lower, and the selling continues into today. It is the worst twoday drop, going back to early july. Nevertheless, we have not seen downward movement of any real substance over the past month or so, so seeing some selling going on today. The selling is also being contributed to by weaker than estimated earnings, which we will get to in a moment. If you look at the size of the moves, we are seeing smaller ones. We have been showing a number of different charts today to illustrate this. Last time there was at least a 1 gain at the close was back in april. Last time we saw at least a 1 decline at the close was in may. It has been a while since we have had big up or down moves, at least by the close. Volatilityk continues, and we are seeing big declines on the earnings front. Priceline down the most in the s p 500, off by 8 after the Online Travel giant came out with a forecast for the t