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[inaudible conversation] good afternoon ladies and gentlemen. For those of you who are just tuning in and our Television Audience in public Radio Audience and on the internet, welcome to the National Press club. Since 1908 we have been the embodiment of the constitution. Before we get started, i want to remind our guests in the audience of some housekeeping roles. Those of you who may have come in late, please put your phones on vibrate because we know you want to tweak. We want you to follow the action and so on twitter you can follow us at press club d. C. And using npc life. I want to intro...

Hard to keep count in the republicans bill to repeal and replace obamacare which has been pulled, at least for the moment. Well figure out what is going on because House Speaker paul ryan is just about to speak at a conference any moment now. Of course we will take you live there as soon as it happens. Melissa back to the markets, the dow selling off into the close. Concerns that the republicans, plan. Lets go, all right. Go to peter barnes in d. C. Adam shapiro on the floor of the new york stock exchange. No, wait, sorry, were going to start with adam. What is the feeling like on the floor to...

System. [inaudible conversation] good afternoon ladies and german. For those of you who are just tuning in in our Television Audience and our public Radio Audience and the internet, welcome to the National Press club worsens 1908 we have been the embodiment of the constitution. Before we get started i want to remind our guests in the audience, if you have a phone, please put it on vibrate because we know you want to tweet. We want you to follow the action, and so on twitter you can follow us at rest club d. C. Using and pc live. I want to introduce the head table. As i introduce each of you, p...

Republican bill to repeal and replace the Affordable Care act. Where are we right now in the possible effort to move forward with some sort of legislation again on this topic . I dont think it evert really stopped. What was interesting in this process, i sit on ways and means. I had the very technical meetings to focus on energy and commerce. Months sitting through the technical meetings. I think our mistake was we rolled out a egg complex piece of legislation to a lot of our brothers and sisters in the conference, this isnt their area of specialty. Not to understand some of the regional diffe...

And president xi jinping having dinner. Herearkets reacted to take us through the market reaction, Michael Mckee. What is at the fed had to say that got the attention of the market . Mike they did talk about the market. They are watching valuations. The feds job is to keep Financial Markets stable. They are a little concerned at the way things are going. There isnt much they can do about it at this point. This may just be a verbal warning shot to wall street. Aboutd went into detail its Balance Sheet program and where they will start reinvesting. By the end of the year, they want to get a coup...