Were going to go back now live to coverage of the meeting on the opioid epidemic. This is taking place at john hopkins hospital in baltimore. Probably need to prioritize so we can make forward progress. But i think a lot of the Building Blocks are there. Were very proud of the efforts here in baltimore that our Health Commissioner, who well hear from shortly, has undertaken to health care providers, institutions like Johns Hopkins and others are undertaking to change the trajectory on. This the obviously a heavy lift. Its on this. Its obviously a heavy lift. But these recommendations will help. I want to echo congressman cummings concern in the way that the drug should be available as it should be and theres not price gouging. That does need a closer look. I was able and i want to thank you for the recommendation around coprescribing of naloxone. We were able to get included in one of the bills that was passed last year the comprehensive Addiction Recovery act, a proposal for demonstra
This morning we will consider the nomination for the chairman system. Ederal reserve governor powell, welcome and congratulations on your nomination. I see friends and emily behind you and i welcome them here as well. Governor powell has had an accomplished public and private career in financial services. He served as an assistant secretary and undersecretary secretary of the treasury under george h. W. Bush, where he was responsible for policy on Financial Institutions and the treasury debt market among other areas. Firsthand experience in Investment Banking and was a partner of the Carlyle Group before being appointed to serve on the board of governors and 2012. During his years of service and government and in the private sector, governor powell has proven he is qualified to lead the fed. If confirmed, he will plan a part role in striking the important balance the tweening need for a safe and sound Financial System and the need to promote the vibrant, growing economy. Of the past on
Lauren, selected thing shops in europe at the major averages there appeared to put you down 40 points per at the 28. Cheryl in asia despite the Missile Launch, stocks in japan up half a percent. Stocks in korea ended flat. Dream for a milestone in the market. Bitcoin soaring to the 10,000 points for the first time in history. Fbn am starts right now. Picture into a 50 in your new york. Friday on trend wednesday november 29th. Lauren the u. N. Set to claiming the nuclearcapable weapon can reach anywhere in the United States. The video shows the missile similar to the latest one. Its the third time north korea has ever fired an Intercontinental Ballistic Missile in this time it lived for 2800 miles into space for about 50 minutes. It went higher frankly than any previous shots theyve taken. The research and Development Effort on their part building Ballistic Missiles can threaten everywhere in the world basically and dave responds the South Koreans have fired some missiles out into the w
Guests. The first served as u. S. Ambassador to israel during his long and distinguished career. Joins us from hes coming to us from the white house. We do have excerpts here. Does the president understand how historic this could be . I think he has had those discussions with a lot of key officials. Rex tillerson to the vice is they have all weighed in on this in the weeks and months now. Some extent yes, but how does playing out in the region and how does after that speech, it will be a major factor. Paragraphsve a few with excerpts and talks about on the one hand, jerusalem has been a place where christians and muslims as well as jews have been able to worship freely. Israel of israel. What does that mean . We are not seeing to stations between western and palestinian aspirations for the capital. Important with those subjects and remarks. Way for thea president to finesse this without inflaming tensions in the region . If the diplomacy is created and the speech is nuanced, it could h
Welcome to power lunch. Stocks are lower at this hour and dow and the s p 500 slightly higher telecomes are the best financials fedex more than 300 and wild trading day for bitcoin plunged 10 earlier and sinking again now. A lot of news. Hackings, bankruptcies and selling from a major player. Well dive deeper into it. Blackberry the company topping expectations and 2018 revenue and stitchfix, however, tanking. The Apparel Company increasing its Customer Base but its bottom line was impacted by higher costs. And chipotle taking a drop the stock is lowered by more than 2. 5 . Brian . Michelle, thank you. We begin today with the latest out of washington, d. C. The tax bill passing, again. All the angles of that bill covered. Abram at the president where the president is expected to hold a tax bill event at 3 00 p. M and kayla is on the next big story. Thats a funding bill to keep the government open. Lets start with elan. Brian, it is Done Congress has now passed the most sweeping rewrite