tv Bloomberg Markets Balance of Power Bloomberg April 2, 2019 12:00pm-1:00pm EDT
headquarters in new york, welcome to "balance of power," where the world of politics meets the world of business. coming up, the latest on the brexit crisis. president's change of hands for obamacare and the house investigating white house security clearance. let's go over to london and emma. it has been a long cabinet meeting. do we know anything about what has happened? emma: we are not sure what is been discussed. the big picture here is where on borrowed time. we were meant to leave on march 29. it is april. parliament is deadlocked. parliament voted on different brexit options and said no to all of them. there is no clear way forward. frustration on the eu side is rising. the eu is saying and no deal scenario, the chaotic scenario business fears most is not only likely but probable.
the eu is saying if you want to talk about changing things, by all means, but they are laying down strictly the conditions they will apply if the u.k. wants to extend its membership further. extending membership will be toxic at home because of a huge camp of politicians who want to leave, wanted to leave last friday are disappointed we are still here and the idea of extending for another year, fighting european elections at the end of may, three years after we voted to leave, we are in a state of deadlock. the key date is april 12. that is when the u.k. is set to tumble out of the block without a deal unless something is done. tomorrow parliament will vote on a law, not just an amendment or emotion, but an actual law to try to stop theresa may from taking the country off that cliff.
it stands a good chance of passing. if people are planning for what you just said was a probability, i do not know that is negotiating position on the eu's part, but the probability of a no deal brexit. our people planning for that? a lot of this has been about the irish border. what happens on april 13 it britain leaves the eu and there is no deal? question. is a good today french president emmanuel macron and the irish prime minister are talking about exactly that. the irish, who have enjoyed immense solidarity from the eu throughout this process have been reluctant to spell out what would happen to their border in the event of a no deal exit. this border will become the eu's border with the u.k. there is pressure from the french and the germans on the irish to say tell us what is your actual plan and will you do
if there is no deal? in favor ofve been extensions and transitions and to kick the can down the road theuse for the irish it is country after the u.k. that suffers the most from a no deal. david: i fear it is not the last time we will talk to you but thank goodness you are here to report. that is, ross thomas in london. now we go to kevin -- that is emma ross thomas and capitol hill. now we get a kevin cirilli. elijah cummings releasing a summer report in the last 24 hours after they interviewed a career employee of the federal government who is involved in the energy process of giving folks national security clearances. according to the summary report, she suggests there were 25 individuals in which there were
concerns raised about senior trump administration officials being granted these national security clearances. in question is the president son-in-law, jared kushner. he has suggested there was no conflicts of interest raised on his behalf and he complied with inquiries into his ability to get that national security clearance. from here, the bickering is partisan on capitol hill. republicans and democrats on the committee cherry picked information to release to the public. if it sounds a lot like the back-and-forth with the robert mueller investigation, it is because it is. democrats releasing a summary of an investigation and now they are saying they will issue subpoenas. isid: capitol hill partisanship and politics. is there any substance? the president of united states has the authority to give clearance to anyone he wants for
any reason. no matter what they find, what will they do about that? kevin: exactly. that is completely correct. in terms of the second tier, what this could be as a fishing expedition. democrats with control of the house of representatives and control of apple to the -- and control the gavel to the oversight committees. we are that play out with congressman cummings, we are seeing it play out on the house financial services committee with maxine waters. david: thank you much for supporting from the house side. abouttalk to sahil kapur what the president is doing on obamacare. overnight the president said we will take our time. sahil: it is an abrupt reversal. the president did say after he backd back -- he waded into the obamacare controversy
by signing with the judge to set the whole law should be overturned. now he says rather than come up with a replacement, that vote will be pushed off until after the 2020 election, into 2021. this guarantees the issue of health care will take center stage in the 2020 election. in the 2018 election, it did not go well for republicans. this is one of the leaders party areers are not enthusiastic not enthusiastic about getting into the aca. david: the president is guaranteeing every republican candidate will be up against an opponent who says this is all about whether we repeal obamacare. the democrats are pushing for this medicare for all, might they be overplaying their hand? sahil: this is what republicans wanted to run against, the idea of a single payer system many democrats are pushing. it is getting a lot of traction with presidential candidates and
this is what republicans want to focus on. not daca, not pre-existing conditions, but they believed they could win on the -- not the aca, not pre-existing conditions , but they believed they could win on health care. chuck schumer and nancy pelosi were outside the supreme court protesting the trump administration's decision to go back at this in court. democrats suddenly have oxygen to talk about the aca and favorable issues like consumer protections, as opposed to single-payer which leers our peter -- which leaders are eager to avoid. david: now we will get a check on the markets. here is taylor riggs. taylor: a lot of interesting action going on. the nasdaq has been fluctuating between gains and losses. the feds outperform or stay within the s&p 500, where you see more defensive and staple stocks start to selloff. a tone of a risk on rally. you are seeing that in the nasdaq. the dow jones being weighed down
, in part of because of walgreens which had to revise earnings to 0% versus previous expectations of 7% to 12%. coming to my terminal at gtv . take a look at this golden cross . look at what happened yesterday on the s&p 500. the 50 day moving average has crossed above the 200 day moving average. typically that is a bullish sign. not seeing a ton of that today but long-term that is the trend. 47 times we've had golden crosses. the average annual return the year after is 14%. something we are keeping our eyes on. in terms of individual stocks, amazon and kroger are a few of those. there are reports amazon is starting to cut prices at some of their whole foods locations. you are seeing some of the other stock selloff like kroger and sprout. kroger off 2%.
another trade we are looking at, and let me see, this is my first day with my clicker, maybe i get a+ in clicker land. short volatility trade. the low is going back to 2009. a lot of people are saying this is complacency. you are more short volatility than you had before. last february short volatility trade. something we are keeping our eyes on. david: thanks so much. let the records reflect that was the clicker's fault. coming up, we will talk with representative james clyburn of south carolina about the president's new approach to health care. that is next. this is bloomberg. ♪
david: this is "balance of power" on bloomberg television. we will turn to mark crumpton who is here with bloomberg first word news. pelosiouse speaker nancy says accusations by two women against joe biden are not disqualifying. biden is considering whether to run for president. the women say joe biden had inappropriate contact. he said it was not his intention to make anyone feel uncomfortable. french president emmanuel macron says europe stands in unity and solidarity with ireland as uncertainty over brexit continues. at a joint news conference today with visiting irish prime minister, president macron said in no deal departure for the u.k. looks increasingly likely. he was adamant that in any
scenario, europe could not continue to be held hostage by the u.k.'s political crisis. it has gone from bad to worse for people living in the venezuelan capital. the power crisis has stretched into its fourth week and is now hitting water pumps. that is forced residents to scrounge for water or wait in long lines to fill barrels. the venezuelan government lames attacks on the electrical grid. it is ignoring accusations of mismanagement and in conference -- and incompetence. the world health organization says ebola is on the rise in eastern congo. this follows a series of attacks on local health facilities. groups operate in the region. a spokesman says a total of 73 new cases were reported last -- comparedd to 53 to 57 the week before. global news 24 hours a day, on air and @tictoc on twitter,
powered by more than 2700 journalists and analysts in over 120 countries. i am mark crumpton. bloomberg. david? david: last week president trump promised a spectacular health care placement for obamacare, which the justice department is trying to get thrown out. it looks like the alternative will take longer than expected, with the president tweeting the republicans are developing a great health care plan with far lower premiums and deductibles that obamacare. the vote will be taken after the 2020 election, when republicans hold the senate and take back the house. we welcome james clyburn. great to have you, mr. congressman. rep. clyburn: thank you so much. david: i will not ask you to comment on whether the republicans will win back the house. from a democratic point of view is this a christmas gift? we will put up a chart that illustrates what you know.
health care comes up consistently is the most important issue. 30% of all americans that it was the most important issue, that was followed by jobs at 21%. is this somewhere you want to fight that next election? rep. clyburn: no question about it. we would love to have that debate. i would hope that the president will do as democrats and president obama -- lay out his plan. let the american people vote on his plan. not whether or not there is a plan that he has secretly stored had when hen promised to get us out of the vietnam war -- it was a secret plan nobody ever saw. he does not have a plan. whatsoever ofons allowing people to have their government reflect their dreams and aspirations. that is, to live a productive,
healthy life and to have their children, who come into this opportunitya good to succeed in life. having good health care lays the foundation for all of that. children are not going to do well in school if they do not doctors ability to see and get health care. employees are not going to be good productive workers if they do not have good health care. it is at the foundation of everything. economically, all of us are personalt it is the health costs that bankrupts families more than anything else. i would hope the president would stop playing games with america's people and come clean and say let's work together to
improve the affordable care act and stop all of this hide and seek. david: representative clyburn, i'm sure the american people share that view. that is why they rated so high. on the democrat side, as far as the plan for the democrats, was the danger of overplaying the democrats and in this sense. you of people running for president or not more backing single player. -- single-payer. medicare for all. is there a risk that will scare off the american people because of cost? rep. clyburn: i have no idea which one of their plans they are talking about until they lay them out. let me tell you what i view. i think that whatever it is, it is education, it should be accessible and affordable. health care, accessible and affordable. housing, accessible and affordable. if you make health care accessible and affordable you can put whatever thank you want to put on it.
, wewe are trying to do think we are laying the foundation with the affordable care act to build upon. we treat this as we treat any other piece of legislation. to get us started and have some experience, look at what the experiences have been, and see what needs to be fine tuned, corrected, whatever it is. you cannot do that by starting over every time. take a look at the experiences and let's work together to improve the legislation that is already before us. david: as you know so well, health care is not the only issue on capitol hill. a lot of initiatives from the democrats to have various investigations, including demanding the mueller report. how far should it go, specifically on the subject, without regard to the pollution issue, it is clear the russians did their best to interfere with the last election. are the democrats willing to
have a thoroughgoing investigation as to what happened with the trump campaign but also the obama administration under which a lot of this interference happened? rep. clyburn: absolutely. that is why we have six committee chairs who are moving on this question. they are doing their work. we have 15 other committees that are working on stuff. -commerce committee is working on health care. i'm not on the committee, but they are worried about the investigations. let those investigators, government oversight, judiciary, whatever, ways and means, let them do their work. -- the got appropriations committee is putting together its budget. we will move forward on health care. we will move forward tomorrow. we will be voting on violence
against women act. we will pass these pieces of legislation. let those investigators do what they know how to do. we, on the other committees will be working on doing what we know how to do. onticularly they are working rules on deployment of broadband. i think we have to focus on that kind of infrastructure. david: that anticipates where i wanted to go. you are the majority whip. your job is to make sure you can get your copies behind you. you have a new crop of congressman coming in with this last election who want to get stuff done. with all of the investigations, what do you think you can get done between now the 2020 election? rep. clyburn: look at what we have already done. we have done great work. we have reopened the government. we have passed legislation to protect people with pre-existing conditions.
we are getting ready to pass legislation on violence against women. we are doing the american people's work. toare paying close attention the kitchen table issues we think we need to do to make the quality of life for all of the american citizens better for them, their children, and their grandchildren. we're working about these things , we are not going to be disrupted at all. we will let the other committees do what they know how to do and we will do what we know is before us. david: congressman, thank you so much. always good to have you on. democratic congressman james clyburn coming to us from washington. from new york, this is bloomberg. ♪
hour. shares having their best day since 2015. training at their highest since december. emma chandra is at the conference in new york and here with more on the stock the hour. tell us what is going on with delta. emma: delta lifting all other u.s. airlines today after they raise their profit forecast for the first quarter ahead of reporting their first-quarter earnings later this month. they said they seemed better than expected spending from business travels. -- theywhere we see raise their first-quarter earnings range. their revenues will be up 7%. flown eache per seat mile is a key metro within the airline industry. they say that will be up 2%. this is all better than analysts had been anticipating. they also renew their contract with american airlines, the credit card, through 2029.
this is been a key revenue driver for delta, and to beating $3.4 billion in revenue -- contributing $3.4 billion in revenue last year. this is different from the reads we have been getting from other airlines, not least southwest, who talked about sagging leisure demand. david: we cannot talk about airlines without talking about the boeing 737 max 8. has that hurt delta? that is interesting, especially when you compare them with the likes of southwest. southwest is the biggest global operator of the 737 max 8 at. -- jet. they've said that will toss them $350 million in the first quarter. delta does not operate any 737 max 8 jets. it does operate other 737 models, but they are not grounded. they've managed to avoid the issue of the 737 max 8 jet
grounding. the first quarter had other headwinds for airlines to face, rising oil prices, the government shutdown. that is something southwest has said will be a problem but it seems delta, with this profit outlook increase, they've managed to navigate the headwinds well in the fourth quarter. david: delta having a good day. thank you so much to emma chandra. coming up, we talked republican senator mike braun. if you have a bloomberg terminal, check out gtv . you can interact with us directly. you can also ask is a question. this is bloomberg. ♪
accepting deliveries of the billing midair refueling -- boeing midair refueling tankers. the secretary says it is what she calls foreign object debris in the aircraft close compartments. it is not the first time this has happened, but the latest call comes a day after the air force awarded boeing a $250 million contract. boeing says it needs more time to complete the software fix for its grounded 737 max chafkin. -- max jets. engineers are working to prevent a stall problem related to two fatal crashes. police are investigating attempts to sabotage railway lines believed to be linked to brexit. transportation authorities say malicious obstructions hit and sendof rail line data in central and eastern england late last month. -- both thewere
dems failed. there were no arrests. the children of jamal khashoggi have been given houses and five figure monthly payments in compensation from the saudi government, and according to the washington post, jamal khashoggi's' sons and daughters make it more. they could get tens of millions of dollars each. the payments will take place when the trials of facilities accused killer death of jamaal facilities accused killer -- of jamaal khashoggi's accused killers are finished. global news 24 hours a day, on air and @tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i'm mark crumpton. this is bloomberg. david: health care consistently ranks of the top of the issues voters care about. people on both sides are proposing ways of improving the care delivered. one of those changes is republican senator mike braun of indiana who has three bills addressing health care.
we welcome senator braun back to bloomberg from capitol hill. great to have you here. sen. braun: good to be back on. david: you are doing your dead level best to improve the situation piece by piece. the president announces we will have an overall plan but wait until after the 2020 election. has the president and white house said to you hold off on your piecemeal approach because we want to wait for the big one? sen. braun: i was glad to hear last tuesday that he wanted us to get out there on health care. mes has been an issue for for 10 years, when i took on the health insurance company in my own company to make it less costly, more sustainable and found a way to do it. it was like pulling teeth. i think as conservatives and republicans, we are known as being apologists to the industry and we have to be in on the discussion but i think leader mcconnell was wise to say let's make sure we get it right this time, notably talking about repeal.
-- not only talking about repeal. the ship has sailed on some things that need to happen. when it comes to pre-existing conditions, no caps on coverage, having your kids on plan until their 26. that is what most americans want. we need to incorporate those tenants and bring costs down. the thing the democrats never talk about would be lowering cost. that is why obamacare failed. it should've been called the on affordable care act. it did not address underlying reasons for why we make health care more affordable. david: we have talked about that more before. we've talked about the fact that he can percent of gdp on health care. that cannot keep growing. the republicans have had two years since president trump came to office to come up with a plan. why isn't there any plan. there been a lot of attempts to
appeal, through legislation in the justice department, what we have a plan saying this is what it looks like? sen. braun: i think one of the reasons would be those of us on the republican side, you now have a guy like rick scott that started with nothing, built up -- and was ceo of a hospital -- i, i think you'll low think he will know a lot about hospitals. they are becoming more concentrated, even in urban areas. you have two or three choices. in rural areas you are lucky if you have a hospital close to home. a lot of that stuff needs to change. it is a passion for me because there was no good health care plan for me through private insurance. now couple people along with senators know a little about the industries. we have been too quiet because there was the assumption that the industry as part of the private sector -- hands off.
they've been dysfunctional, they have not been transparent, they've not been competitive. we need to challenge them along with prodding them with legislation to get with it before they have one business partner, the federal government. david: you have the question of legislation and saving money for americans as well as businesses. what about the political question? hasn't the president put health care front and center? can you find that election as republican if you do not have a plan out there that say this is better than what the democrats will do? sen. braun: i think the recognition that you knew -- that you now have four or five of us who understand it. i think most hoosiers and most americans know that medicare for like it not sound necessarily will work. on the other hand, the system as it is is not working.
i think leader mcconnell was correct. let's get our act together. let's put initiating legislation out there. i dropped the transparency bill in general last week. if you're in the business of health care at any level, but your prices out there in print or on the web. i think we can lead in with stuff like that and have a grand plan in 2020 after the elections that show full blow what we are doing during the elections. david: you talk about hoosiers. a fair number of those are farmers in the agricultural sector which has been hurt by some of the back-and-forth with trade in china. we will have negotiations tomorrow in washington. how badly have hoosier farmers been hurt and if there is a deal , will they be better off than where they started out or is it to get them back to where they were? sen. braun: we will have to see where the deal goes.
farmers have been some of president trump's most stalwart supporters. they are also in the midst of an industry where they have had over production and low prices for a long time. i preach there because i'm still actively involved in the farm community. it is a big industry in indiana. the companies that are part of farming have some responsibility for helping farmers make it through this tough period. markets need to be found beyond what we have got and most farmers do not want to go back to where government is so deeply involved. it is a top stretch. i noticed the chinese have been buying more soybeans. there is economy is hurting enough to where they will come to the table to fix not only the farm economy impact, but some of the other tariffs out there. it, youfs do not do have to quickly circle the wagons among our trading partners to put pressure on the
chinese to behave like everybody else does. do not steal intellectual property. do not subsidize markets. tariffs will be one of the mildest things they do. i think president trump is on the right track, but you cannot use the same tactics forever if you do not get results. david: that is exactly the point. farmers have been stalwart supporters of the president, but for how long can they do that? we hear reports about farmers being in trouble, even after they sell their farms. how long can they go? when you tell them we should have a deal by then or we should have to take a different approach? sen. braun: i think that will be sooner rather than later and i am on record as saying because we will try something else. i think the bigger problem with the far economy -- with the farm economy is there is now global competition. we do such a good job of producing.
we have to find new markets. if that does not materialize at the speed we need to keep the farm economy healthy, meaning farmers healthy, i think it is going to be the industry obligation to help because most of the larger corporations that have grown up in the ad industry -- in the ag industries in to be doing ok. i remember when an acre of soybeans you could put out for $70 to $100 and corn $150. that is almost doubled and tripled. there may need to be relieved from the bigger companies in the industry. farmers do need a break. to me they are like doctors in big health care. need to make sure farmers and doctors stay healthy. part of the industry has to come forward to help them out. david: give us just a minute on puerto rico and how it affects farmers. turns out there is a big
brouhaha going on in capitol hill about a plan to help farmers what it out by recent storms tied to puerto rican eight. i've seen the president tweeting about it. sen. braun: that is politics at its worst. i was talking to governor rick scott and he said a lot of the funds that have been earmarked for puerto rico have not been spent yet. a good portion of it. it is a lot of money. here we have these weather issues that have hit mainland u.s. and now they're playing politics with it. that is the worst thing i see about congress. everything gets levered and discussed in a political fashion when you ought to focus on the underlying issues. i do not know that will change. i have been here a short time and it seems part and parcel of any type of bill you vote on. in this case, to me it is politics at its worst. david: thank you so much for your time.
david: you're watching "balance of power." the future of nato has been on president trump's agenda since he took office and it is front and center this week as nato foreign ministers gather in washington to mark the 70th anniversary of the alliance. mark kimmitt has devoted his career to national security, serving in iraq and nato
operations across europe and afghanistan. then as assistant secretary of state under george w. bush. general, thank you for being with us. let's go to the most basic question. nato was created when the soviet union was a threat to western europe as well as the united states. the soviet union is no more. why is nato exist today? gen. kimmitt: those are questions asked in the early 1990's. a were saying what is the future? the term was out of sector or out of business. periods inre are two which nato demonstrated its fidelity. 1996 -- it's viability. it conducted peace operations in bosnia and kosovo and that in 2006 when it made the decision to leave europe for peacekeeping missions but to the near east for combat operations inside of afghanistan.
as many would say, this is not your father's nato. this is operation, this is an organization that can operate around the world. thed: as the mission of united states changed, at least under this president? some ofot involved in those operations around the world anymore. gen. kimmitt: we are not. but we are still in syria. we are still in iraq. nato put it training mission back in iraq. we woulde recognized go nowhere without allies and there is no better security organization to work alongside the nato. david: let's talk about the question president trump has talked about -- how we pay for it or who pays for it? 68% of total natal expenses comes from the united states. some very big countries such as germany do not contribute as much as one would think. is the president right? gen. kimmitt: the president is right in many ways.
some of the countries in nato our security free riders. they are allowed to have social welfare states and defense budgets of 1% or 2%. the united states defense budget is 3% to 4%. i think that is what was behind president trump's push to get more nato funding, as every president has since 1949. david: president obama actually got an agreement, he thought, to percent was the magic number. it is taking time. are they dragging their feet? gen. kimmitt: they are not dragging their feet. they have competing demands. when you have the united states, clearly the world's greatest military power, inside your country, those countries are able to say maybe we do not need to spend as much on defense since the americans will do it for us. to extent is complacency setting in? if you look at the countries that do tend to increase their
contributions, they tend to be closer to russia. gen. kimmitt: that is true. there is nothing a greater incentive to increasing defense budget but having an enemy on your border. i do not want to take anything away from the central european powers. we are operating with them in places such as afghanistan and iraq and syria. while we would certainly like to see more from our alliance partners, we cannot reflect the fact that they are providing some. , aid: staying with nato particular partner in nato is turkey, with whom we are having some cool and -- some pull and tug. the fighter plane they were supposed to be purchasing from us got put on hold. there appears to be an issue of turkey getting russian missile defense. how important is it to the united states that turkey not get their material and weapons from russia? gen. kimmitt: on the specific
issue of the us for hundreds -- 35's, we do0 and s st want to use the russian 400 to determine the weakness and strength. we have delivered the larger issue with turkey and the united states. we have challenges with keeping -- we have concerns on the issue of syria and we have differences on the military level. we ought to look at the s 400 issue in the larger context of the u.s. turkish relationship. , theare valuable nato ally largest land force inside the nato alliance, and i would rather have them inside nato than looking elsewhere for an alliance. understand -- present -- china is building up its
military. the south china sea. now we are selling f-16s to taiwan. china appears to not like that very much. we continuet is it to support taiwan as a counterpoint to china? gen. kimmitt: it is part of this overall relationship we have with china. they have an agent game called go. for more complicated than chess. in many ways, the united states and china are playing go. we are trying to get them to a trade agreement. we are trying to create incentives by farming their enemies such as taiwan, which they consider to be part of china. it is part of a larger game. the f-16s are not going to stop the chinese military. it is a clear sign the americans are in taiwan to stay for the near future. we have a lot of issues we need to work with on china regarding trade, regarding cybersecurity, regarding trade theft, and the
military issues as well. i would look at this as a smaller part of a larger game of go. david: let's talk a little bit about our southern border. the president declared an emergency and said he would take funds to build a wall even though congress said you cannot have funds to that level. he will take some of it out of military appropriations. we heard from the acting sick area of defense last week -- the acting secretary of defense last week. listen to what he said. >> we set here are the risks longer-term to the department. those risks were weighed and given a legal order from the commander in chief, we are executing on that order. i've been deliberately working to be transparent in this process, fully knowing there are downsides which will hamper us. david: you know so well that
when the military appears before congress, they've been difficult role because they answer the commander in chief and say we have to give our honest response to the congress. it to diverge is those funds away from other purposes in order to build that wall? gen. kimmitt: in the short term there will not be a significant risk. the military is a can-do organization. it will figure its way around to maintain its readiness and operational capabilities. if this continues to drain the defense budget, or if congress starts to drain the defense budget, it will have an impact on readiness. it will have an impact on current operations overseas. it will have an impact on personal costs. in the near term i do not think there's a tremendous risk to readiness, at least this year. in the long-term, it could have. particularly as we are trying to grow back out of the weak
defense budget we have had over the last 10 years. david: thank you so much. always great to have you on. retired brigadier general mark kimmitt, also former assistant secretary of state under george w. bush. president trump is due to meet with the secretary-general nato within the next hour. coming up, on the eve of wrestlemania, none other than john oliver decided to take on ben's mcmann's popular support popular sporton's with what looks like a split decision. that is next. this is bloomberg. ♪
cofounded world wrestling entertainment along with her husband, vince mcmahon. wwe launch the careers of hulk hogan, john zynga, and the rock. now the wwe is under fire from john oliver. the comedian called him out on his hbo show for not taking care of their wrestlers. wrestlers dying early is a troubling trend. findings were startling. rates the expected death by age group among the population as a whole, here is former nfl players, and here is wrestlers. that is shockingly high. you expect that line to be labeled test pilots who live on their resume. resume.ied on their david: than all of her called wwe fans -- then john oliver
called dubya dubya defense to take action and call for change fans to take action and call for change. andstock took a leg higher started trading today but now is down more than 1%. we will see how wrestlemania goes this weekend. signing up for the balance of power newsletter at bloomberg.com/politics. get the latest on global politics in your inbox every day. tomorrow, my interview with starbucks ceo kevin johnson. 9:30 new york time tomorrow night. bloomberg users can interact with the charts we have shown on gtv . live from new york, this is bloomberg. ♪
address the issue with reporters today. >> we are looking at all options when it comes to closing the different ports of entry. what that looks like and what the impact will be, they are doing a number of studies on this. mark: delays at entry points are already mounting. as many as 2000 border officers normally assigned to check trucks and cars are being shifted to do with migrant crowds. the white house security office says dozens of aids were granted security current lances despite red flags in their background checks. those include concerns about foreign influence, drug use, and criminal conduct. one official said she compiled a list of at least 25 officials initially this -- deny security clearances last year but senior officials overruled those denials. the allegations were detailed in a memo released by the house oversight committee. blocked aocrats have republican disaste