this become? >> i honestly think mitch mcconnell is going to push this off as long as he possibly can because he's smart enough to know what just passed the house is absolutely political suicide. and it makes no sense either, because the first bill that they tried to pass and failed to, they actually took back and made worse and crueller and worked to kick more people off of health care and that somehow passed the house. so i think you're going to see a long process unfold here. i'm highly doubtful that they're actually able to come together and pass anything, because it's just a disaster for them politically. >> robert, senate majority leader mitch mcconnell said he wants to wait for the cbo score before moving forward at all on this. did house members really walk the plank on this by voting without having that bipartisan effort and research to vote with? >> yes, absolutely. what the house did was look out for their own best interests. they wanted to actually do this so they can put a notch on the tree. they really don't care what the senate thinks about this. i think what's going to

top republicans. mitch mcconnell talking about the drama in this white house. but from top democrats, as well, like chuck schumer, who is now calling on the whitetranscripts. and some republicans say, hey, they'd be happy to take a look at that information, as well, regarding the meeting between president trump, the russian foreign minister and the russian ambassador, as well. we have a lot to follow. that is not an understatement for sure. to pick it up is my colleague, chris jansing, taking over. i have to run over to the white house for the briefing. >> just to make clear, have you ever seen this white house respond as quickly or as aggressively as they have, not only last night, about two hours after the story posted, they had mcmaster come out. now he's back out at 11:30, half hour from now. >> there was a question, would they put him out, given everything that had developed since this briefing had been planned prior to the newsbreaking. he is coming out and speaking publicly. we'll have it on the network. >> i will let you go. >>> right now, on msnbc, crisis mode. president tru

. fired fbi director job. today, senate majority leader mitch mcconnell rejected calls for an independent counsel to investigate the russian ties. vladimir putin told our liz palmer, quote, we have nothing to do with it. >>> and that's the overnight news for this thursday. for some of you the news continues, for others, check morning news and cbs this morning. from the broadcast center in new york city, i'm scott pelley. >>> this is the "cbs overnight news." >>> welcome to the overnight news. i'm tony dokoupil. the fallout continues over the firing of james comey. some republicans are demanding answers, and democrats are demanding a special prosecutor. major garrett begins our coverage. >> reporter: as comparisons to watergate swirled, president trump met today in the oval office with president richard nixon's secretary of state henry kissinger. president trump offered a brief explanation for his firing of james comey. >> he was not doing a good job. very simply. he was not doing a good job. >> reporter: the described it as an erosion of confidence. deputy press secretary sarah huckabee s

representing them that were able to rise to such levels of influence. as you know, mitch mcconnell is the senate majority leader. he was elected to that position unanimously by his republican colleagues in 2014, and again in 2016. he is only the second kentucky are ever serve as majority leader in the u.s. senate. the first alvin barkley led the democrats in 1937-1949. first elected to the senate in 1984, mcconnell is kentucky's longest-serving senator and made history as the only republican challenger to defeat the incumbent democrat and is the first republican to win a statewide kentucky race since 1968. in 2014, he was elected to a record six term by receiving broad support across kentucky, winning 110 of 120 counties. mcconnell currently serves as senior member of appropriations, agricultural, and rules committees. he is the proud father of three daughters and married to secretary of labor, the 18th secretary of the department of transportation. servedee secretary chao as george w. bush's u.s. secretary of labor. when you mention power in washington today, three names come to mind. pr

, there's plenty of skepticism down the street. mitch mcconnell said he wished there wasn't so much drama coming from the would not house. jim himes painted a bleak picture. >> one thing is for certain, the president and the republican's legislative agenda is lying in ruins on the floor of this building. >> lies in ruins congress to that democratic congressman. what we can tell you on the way going forward as relates to tax reform, gary cohn said we're on capitol hill meeting with the senate financial commit tip and fox business said the meeting included republicans and democrats. neil? >> neil: so maybe some promising developments. blake mentioned mitch mcconnell, the senate majority leader there. he might have contributed unwittingly to the sell-off when he said last night remarks that would have been ignored. in this whole tax cut battle, he would prefer the tax cuts approved by revenue neutral. they don't make the deficits worse. that flies in the face of many republicans who have been advocating big tax cuts to prime the pump where you might have deficits in the beginning and s

he keep his days and republican senators on board with him? his chairman is mitch mcconnell and to a lesser extent paul ryan and their judgment will be key into a difficult summer and fall. in a business, if you had saying untruths, he would be expected to correct them. the board would be wielding pressure on the ceo to apologize and change course. that's not happening here and it seems like there is a change in washington where there is a presumption that mitch mcconnell will do more or needs to do more. no question there is a need to do more. i was in washington last night and taking the temperature of people and i think there is a sense of disbelief that permeates over the city. which interesting is how people are still at the i can't believe stage and that includes a large coterie of republicans. they are at the point where it's time to move into action and ramp up the pressure just to hold the discipline of the office and protect their legislative agen and protect them selves heading into 28. david: thank you so mh for joining us. grab a copy of bloomberg business week tomorrow.

speaking. we'll hear first from the senate majority leader mitch mcconnell talking about the firing, specifically democratic reaction to it. senator mcconnell: we have now, mr. president, our democratic colleagues complaining about the removal of an f.b.i. director whom they themselves repeatedly and sharply criticized, that removal being done by a man, rod rosenstein, whom they repeatedly and effusively praised. mr. rosenstein recommended mr. comey's removal for many of the very reasons that they consistently complained about. two investigations are currently ongoing. the senate intelligence committee's review of russian active measures and intelligence activities and the f.b.i. investigation disclosed by director comey. today we'll no doubt hear calls for a new investigation. that could only serve to impede the current work being done to not only discover what the russians may have done, but also to let this body and the national security community develop counter measures and war-fighting doctrine to see what it doesn't occur again. partisan colleagues should be delay the conside

. anna: and delay. mitch mcconnell talking to bloomberg. the republicans around trump want to get on with the legislative agenda, so we are waiting to see clues into how much they are still behind him with that in mind. let us put out the risk radar. manus, you have been talking about where we are in europe futures, and they point down by .5%. the msci asia-pacific is down by .3%. we have dollar-yen as well to show money. classic safe haven play. the yen is on the rise. the dollar is down, but not just today. there is an ongoing debate. how much is this about weaker data out of the u.s.? manus: we will put that point to alan higgins as well. we have a nice monitor as to how much discussion there is on impeachment. money going into gold, you have a double booster gold. the softer dollar down. the classic haven trade, bullion up for a fifth straight day. money also flowing into 10 year government bonds, so you are seeing that shift. , treasury that classic haven -- treasury, that classic haven. that would be by november. upon the ability of a rate hike drops from 96% in june to 80%. an

for mitch mcconnell. as he tries to sort through the same policy that complicated the house debate, an old mcconnell sparring partner trying to rally democrats to put up a good fight. >> i hope that current members of congress recall that it actually doesn't take a lot of courage to aid those who are already powerful. already comfortable. already influential. but it does require some courage to champion the vulnerable. and the sick. and the infirm. i hope they understand the courage means not simply doing what is politically expedient, but doing what they believe deep in their hearts is right. >> former president obama accepting an award. the profile of courage award. he didn't say anything during the house debates. how influential is his voice? do democrats need his voice? will that matter? >> it adds another layer, but i don't know that it changes anything. i think you're right, i think democrats are fired up on their own. frankly they're looking for someone else to lead them at this point. but just by how this bill went through and what is in it i think has fueled them more than

american people? >> mitch mcconnell has a very challenging task ahead of him. paul ryan had a lot more republican wiggle room in the house to get the vote through. mitch mcconnell can only lose two republican senators, and he is trying to re-craft the bill in a more politically palatable way, so yes to appease the moderate wing, pragmatic wing of the republican party, folks like susan collins romaine, rob portman from ohio in make sure the legislation does not displace too many people healthcare insurance plans. it also has to appease ted cruz, mike lee, rand paul wing of the party that market to be more conservative and not quite have as many benefits. so to get both sides appeased and willing to vote for another piece of legislation is going to be very difficult. >> jenna: challenging to say the least, but it has been done. we have seen it before, at least in the house. the senate is a new animal as you mention. if you look at the content of the bill that exists now and think about what potential changes could be made in the senate by the republican leadership, what would you anticip

nightmare? you, mitch mcconnell, how long? open your eyes. >> i didn't come here to defend our president tonight, i came to answer your questions. >> tension in the country tonight. mary bruce live on the hill. and we heard that voter there, calling on senate majority leader mitch mcconnell tonigh. tonight, an announcement from mcconnell? >> reporter: david, he's invited rod rosenstein to brief all 100 senators on the firing of comey. tonight, still no word on whether he's accepted this investigation. >> and mary, as i understand it, it's not just the deputy a.g., but the fired james comey has also now been invited to the hill to testify? >> reporter: yeah, david. members of the senate intelligence committee who i've spoken with are eager to hear directly from comey. they have invited him to testify here next week. still no response from the former director. david? >> all right, mary bruce, thank you. >>> next tonight here, breaking developments in the deadly standoff in trenton, new jersey. a neighborhood on lockdown for 35 hours. a bystander killed in the cross fire. abc's gi

to discuss with the man in charge of the campaign. mitch mcconnell agreed too issue that invitation and did so on monday. he said monday that mr. rosenstein accepted the invitation. also reporting from the wall street journal on this topic, one of the candidates for fbi director, trey gaudi, the congressman from south carolina took himself out of the running on monday. he said the fbi needs director within impeccable credentials and one who can unite the country. >> live to the white house for h statements from presidenteade trump and turkey's president on u.s. turkey relations. this is expected to start in just a moment. [background sounds] >> i'm shocked. it is a great pleasure to welcome him to his first visit to the white house in years. the american and turkish peoples have been friends and allies for many, many decades. turkey was a pillar in the cold war against communism. it was a bastion against soviet expansion and turkish courage in war is legendary. that is so true. turkish soldiers fought bravely alongside american soldiers in the korean war and we haven't forgotten wha

associates and russia. now it will show you majority leader, mitch mcconnell, speaking to the gop party lunch today. speaking of. good afternoon, everyone. we then, republican senators, had another extension discussion about the way forward on healthcare at lunch. we'll be doing that as i indicated last week, tuesday, wednesday and thursday. were trying to come together behind a proposal to repeal and replace obamacare. on the floor, regretfully, we had to go through a lot of procedural hoops just to confirm the deputy secretary of transportation number three of justice and i even had to file closure on governor branstad ambassador to china who came out of the foreign relations committee unanimously. you can see the democrats want to make everything go as slow as possible. we'll work our way through that on a confirmation and will be back in touch with you on healthcare. >> our conference has been spending a lot of time talking about the way forward on healthcare. we know that obamacare is broken and needs to be fixed. everybody in this country, i think, knows that. the status quo

: senate majority leader mitch mcconnell said he inks tt therospect for border adjustment part of e planre bleak in the senate. he stillaid ishld be renue neutral. what are the alternatives bein discsed? is the a wayha the border can either have aransition that would make more pat laab or some kind of -- the speaker: ihinkou can say s to all of the above to what you just said. what we have too, as old tax wte i wou s this i you have to weigh altnatives off one anotr. 's obvious that you can and ould have some kind of an adjustntnd phase-in period if you're going to have a border adjustment. i think border adjustmt's the smt thing to go. i think mes theax cod the most inrnationally mpetitive of any other rsion wee looking at. it removes all tax ienves for a firm toov overseas or production overseas. but if y'rnot gng to do bord adjustment, then you have to look at aertives to that. there is always ses and down sides talternatives. that's the proce we're going rough right n. we're gog throh theross of looking at what ithe best way to reform the tax codan lor tax rates for binesses d m

people. mitch mcconnell can decide where comey goes. so let's talk about the system. the system is run by mitch mcconnell, the majority leader in the senate. randy: he made the decision who he would testify in front of without a subpoena. the senate majority leader said you don't get to pick. that's an indication of how the system is broken. lou: it looks like they are full of fools and idiots. the reality is randy is talking about a system, it looks to me like a gathering of complete sellouts. >> if i worked briefly on capitol hill. when i came back home. what do you think? idiots and more rones? you can -- morons? you can guess what my answer is. lou: what are we witnessing when the republican party won't stand up for this president for the system of justice. gregg:are:when reagan came to washington he brought his loyalists with him. trump didn't have that and that's his problem. the trump revolution was too broad and far too thin, and the team he brought with him to washington, d.c. far too few. thank you both for being with us. we are coming right back wit uch more. stay with us. p

matter's here at home, mitch mcconnell saying he don't know how he will get 50 votes right now for the healthcare legislation. what are we running into here when the leaders of our two house, mitch mcconnell and speaker ryan don't seem as though they are exactly lined up shoulder to shoulder with the president of the united states and the leader of their party. >> you see the same thing in healthcare. this is one where results will win the day. i'm hopeful we'll get to a result on healthcare. but the best we can hope for is 50 votes and that's a dangerous place to be. we should have been working on this past six years. the solution is complicated. but it's not impossible. lou, this is a crisis. obamacare is collapsing under its own weight. there are 1,100 counties across is country down to one provider in the individual market. we have seen premium increases of 40% alone. we have to make sure these people don't lose insurance, too. and we can do that with structural changes. the medicaid situation, we have to make sure preexisting conditions aren't ignored. this is an opportunity t

it did pass. now it's off to the senate. mitch mcconnell said it will work on its version of this bill. when it does, if it does emerge from the senate it will have to go to a conference committee and come back to the house. but there was a victory lap. president trump had this to say about the historic moment. >> as far as i'm concerned, your premiums, they are going to start to come down. we'll get this passed through the senate. i feel so confident. >> it nation healthcare more affordable. it takes care of our most vulnerable. it shift power from washington back to e states and back to you the patient. reporter: but democrats point out the original cbo score on this bill said they will throw 20 million americans off the tins rolls. that did not take into account some of the insurance companies are closing down the exchanges and those people will lose their insurance regardless of what happens. >> it was a bill that will not become law. >> they are going down to celebrate something that comes way, way, way short of what the president looked the american public in the eye and sai

majority leader mitch mcconnell is downplaying criticism over what's called a working group on health care reform. of the 13 members, take a look, not a single woman. mcconnell says the working group that counts is all 52 republican senators, which includes 5 women. >>> time now for a look at your nation's weather. the hail was heavy as it came down outside albuquerque. some of it was the size of golf balls. there were also some tornadoes reported in nearby areas. at least five of those confirmed in just that state. no reports of any injuries so far. and severe storms are also possible in the southern plains from kansas to western texas. damaging winds, hail and a few tornadoes are possible. showers and thunderstorms will develop from kansas to illinois in the afternoon. some of those storms could be pretty severe with damaging winds and hail. >>> still ahead, a new airport confrontation emerging overnight. >>> plus, that tunnel collapse at a storage site for nuclear waste. we'll hear from a worker who was told to take cover. >>> and a frightening alleged threat at a north carolina hi

, we need a special prosecutor. >> reporter: but the in the's republican leader, mitch mcconnell said that would impede the russia investigations that are already under way. he accused the other side of shedding crocodile tears for comey. >> our democratic colleagues complaining about the removal of an f.b.i. director whom they themselves repeatedly and sharply criticized. >> reporter: democrats do have history of slamming comey over his handling of the clinton investigation. >> the f.b.i. director has no credibility. >> reporter: but pennsylvania democrat bob casey argues it's the timing of comey's dismissal that's problematic. >> once the world knew that this investigation was under way, you can't fire the investigator in the middle of an investigation. >> reporter: several republic the chair of the senate intelligence committee, richard burr. >> the timing and the reasons for this decision made little sense to me, and i don't think i've heard anything since last night that would clarify that in any way. >> reporter: he and his democratic counterpart mark warner have asked the now f

in systems. i believe in people. mitch mcconnell can decide where comey goes. so let's talk about the system. the system is run by mitch mcconnell, the majority leader in the senate. randy: he made the decision who he would testify in front of without a subpoena. the senate majority leader said you don't get to pick. that's an indication of how the system is broken. lou: it looks like they are full of fools and idiots. the reality is randy is talking about a system, it looks to me like a gathering of complete sellouts. >> if i worked briefly on capitol hill. when i came back home. what do you think? idiots and more rones? you can -- morons? you can guess what my answer is. lou: what are we witnessing when the republican party won't stand up for this president for the system of justice. gregg:are:when reagan came to washington he brought his loyalists with him. trump didn't have that and that's his problem. the trump revolution was too broad and far too thin, and the team he brought with him to washington, d.c. far too few. thank you both for being with us. we are coming right back

: mitch mcconnell has bad news for those who think they will move quickly or get things done fast on that senate version of the health care bill that has landed in their lap of the house. right now locks the vote to approve such a package as of now. the markets up 31 points thus far. but i'm sure as they digest, they're going to start worrying about things that if the votes aren't there, maybe that's feeding the obvious and maybe the markets won't be surprised, that that could delay a lot of things, including those tax cuts. again, this is one of those things that republicans have been saying is priority one before you get to priority two, those tax cuts. what mitch mcconnell is saying, we have a problem on priority one in the united states senate. stick around >> and what we've been doing for too long, both parties, by the way, in this city have been taking money from people without laying out a plan for how we're ever going to pay it back, and we start doing that with this budget. this budget does balance within a ten-year window, something that is completely new in this town. >> it's t

preet bharara. >> this establishes a very troubling pattern. >> but mitch mcconnell is ignoring calls for a special prosecutor, arguing it would only slow down the investigation being done by senate intelligence committee. >> partisan calls should not delay the considerable work of chairman burr and vice chairman warner. too much is at stake. >> and the administration maintains there is no need for independent investigation because it says the president is not under investigation. even though the fbi continues to look at possible coordination between russia and trump campaign officials. >> former director of national intelligence has said there is no evidence of collusion. the president and i remain confident that the committees and house and senate that are looking into every aspect of issues that arise out of last year's election will be able to do their work. and do it in an orderly way. the president himself was involved several times by the former director of fbi that he himself is not under investigation. >> cnn learned the two ranking members of senate intelligence committee me

. he was 83. >> now the pressure needs to go to paul ryan and mitch mcconnell to get off -- and get these through. it will make all the investigations look like, you know, they're quite irrelevant. >> bill: calls this morning for congressional leaders to put a win on the board. sean duffy has plenty of questions on this today. thank you for your time on a tuesday. it's good to have you back here. >> it's good to be with you bill. >> bill: there are expectations, as you well know, with the majority in the house and a majority in the senate. give us the low down on tax reform. here is the headline from the "wall street journal." apparently the status quo is winning. is it? >> i read that article. here is the deal, bill. as we do tax reform we're trying to contort ourselves and deal with senate filibuster rules. we're working on tax reform in committees in the house and senate but the only way to get tax reform done because of those senate rules is if we get healthcare done. healthcare has to come first. senate has to get off their hind ends to get match us in the house. if that happen

really, frankly, forced to talk about this. some reaction already from mitch mcconnell saying he wants, quote, a little less drama from the white house and instead wants them to focus on the republican agenda. mcconnell speaking to bloomberg tv this morning. we're hearing calls from some republicans including congressman galdlagher saying te president should share a transcript. chris coons with us. quite a lot to get to today, senator. let's get your initial reaction to the reports that the president shared official material with the russians. >> it's very troubling. it suggests, if true, that the president does not appreciate how risky and dangerous it is to share classified information with one of our main adversaries, russia, with their foreign minister and ambassador specifically about a highly classified, highly sensitive source that has given us critical insights into isis, into their planning of potential future attacks against the united states. the story as reported suggests that the information that was shared by the president would allow the russians and their allies, the as

. as long as mitch mcconnell is running the senate, that is out of reach for me. [screaming] becausewarren: study up knowing something about an issue makes a difference. go online and read the facts, not the alternative facts, the real facts. [cheering] senator warren: i have to say, i never thought we would need a modifier for fax. had you dish -- distinguish them now? facts?ty third, join with others. find a group that is engaged on the issues you care about that makes a difference. more good ideas, more information, more that makes your voice heard. one voice is powerful, but two voices are more than twice as parable. or 10,000 voices create a force to be reckoned with. it is not easy to join a group when there are not weekly club meetings any table of campus sitter concorde. you have to try, really try. but please do it. america needs you. each generation must rebuild democracy to serve its own time and its own needs. the world war ii generation faced challenges or differences from those in the vietnam era generation. each shape and rebuild democracy differently. your ge

more, but i'm not trying to win this popularity. i think as long as mitch mcconnell is running the senate that is out of reach for me. [laughter] i will say it. studying up, because knowing something about an issue makes a difference. go online and read the facts. not the alternative facts, the real facts. [applause] say, i never thought we would need a modifier for facts. like how do you distinguish facty facts, or the factiest facts? others who are similar. a group makes a difference. more good ideas, more ways to make your voice heard. one voice is powerful, two bushes are more than twice as powerful. 10 or 10,000 voices create a force to be reckoned with. groupot easy to join a when there aren't weekly meetings and a table at the campus center concourse. you have to try. really try. but please do it. american needs to you. each generation must rebuild democracy to serve its own time and needs. the world war ii generation faced challenges that were different from those of the vietnam-era generation. each rebuilt democracy differently. your generation faces huge challenges, sharp

. but again, senate majority leader mitch mcconnell has made very clear he plans on keeping his conference together. while they've raised concerns, it hasn't dramatically split up to this point, so something would need to happen. there would need to be a dramatic change for this effort to really have teeth, for it to really work, but that, at least at this moment, is their behind-the-scenes strategy, kate. >> but when it comes to the firing of james comey, dramatic change and dramatic moments we've seen plenty of, so i guess stand by for that. phil mattingly on capitol hill, thank you. capitol hill is where president trump will be speaking at the national peace officers' memorial service shortly and we will bring you his remarks live as they begin. let me bring in my panel. david drucker is a cnn political analyst and senior congressional correspondent for "the washington examiner." and we have a reporter with bloomberg news and amanda carpenter, commentator and former communications director for ted cruz and guy cecil with superpriority pac priorities usa. thank you all for bei

. republican leaders like mitch mcconnell and paul ryan say that they support the president's decision. then you hear concern from very prominent members of the senate republican conference, including bob corker, as well as john mccain, the senate armed services chairman who i spoke with earlier today. he raised concerns about the rational behind the president's decision. >> they have been investigating the trump campaign's connections with russia for a long time. i just think that it obviously was not done in an efficient fashion. when you fire probably arguably the most respected person in america, you better have a very good explanation. so far, i haven't seen that. >> you don't buy that clinton e-mail explanation that he mishandled the clinton's e-mails, that's why he was fired? >> i don't believe that that is sufficient rational for removing the director of the fbi. i regret it's happened. we have a lot of issues and challenges. and this just diverts a lot of that attention. >> anderson, james comey was expected to testify tomorrow before the senate intelligence committee. no long

associated press. and josh holmes, mitch mcconnell's former chief of staff and gop strategist. bob, there's always been a lot of talk this week about parallels between this and watergate. the president firing the man who was leading the investigation that could potentially take him down, shifting stories. now the suggestion of a possible taping system inside the white house. obviously, there are big differences, and the biggest is that we knew early on of a crime having been committed in watergate. we don't know that so far to. but as someone who was on the front lines of watergate, what are the similarities you see this week, and what are the big differences? >> well, there are a lot of questions. i was fascinated with what senator warner had to say. i think he adopted this position of we're going to give the president the benefit of the doubt, but he then raised about ten which, i think -- ten questions which, i think, need to be answered. this is not yet watergate, not a clear crime. on the russian issue, as senator warner and others have said, there are, you know, a thousand questions,

long-time texas republican politician. he is a current deputy to mitch mcconnell in republican senate leadership. and michael garcia, who has represented the republican senate caucus in new york state. he only became a judge last year. here is the context for this unusually political list of names for what is a nonpartisan post. tonight isn't just the end of another chaotic week in the presidency of donald trump. tonight the chaos over trump's leadership style is eclipsed by abcs that are actually testing the rule of law. that's a reportable fact that this president is testing the rule of law. largely because of president trump's own statements. there is a fundamental concept in court called an admission against interest, a statement that is automatically considered more likely to be true because the person making the statement is incriminating himself. the idea in the rules of evidence is that people spin to try to look good. but if they cough up something bad about themselves, believe them. it's probably true. and in the three days since trump fired comey, which is of course the fir

we mentioned, the senate takes up the bill next. the top republican there, mitch mcconnell says it's going to be a real big challenge. peter doocy is also live on capitol hill. what else are republican senators saying about this? >> jon, they're luke warm about it. doesn't sounds like every republican endorses the process that their fellow republicans in the house used to muscle this bill through. senator lindsey graham, a republican from south carolina, just tweeted a bill finalized yesterday has not been scored. amendments not allowed. three hours final debate should be viewed with caution. another republican senator, rand paul, we just heard from in one of the senate office buildings, he says that he's not really so sure about the bill because it's not a full repeal. >> i think it keeps the basic premise of obamacare. that is that the federal government should be involved with purchasing insurance. i don't really think the federal government should buy insurance. insurance could be made less expensive through market forces and competition. the federal government being involve

majority leader mitch mcconnell said he thinks the prospects for border adjustment tax are rather bleak in the senate and yet he still says it should be revenue neutral. what are the alternatives being discussed? is there a way that this border adjustment can either have a transition that would make it more palatable or some kind of tax border adjustment? speaker ryan: you can say to all of the above to what you just said. what we have to do -- as an old tax writer i would say this is, you have to weigh alternatives off one another. it is obvious that you can and should have some kind of an adjustment and phase-in period if you are going to have a border adjustment. i obviously think border adjustment is the smart way to go. i think it makes the tax code the most internationally competitive of any other version we are looking at. and i think it removes all tax incentives for a firm to move overseas or to move their production overseas. but if you're not going to do border adjustment, then you have to look at the alternatives to that. there's always upsides and downsides to alternatives. th

about the trump administration. tonight, katy tur of ncb news. >> you hear mitch mcconnell say, yeah, i wish there were a lot less drama, but, at the same time, they're not making real steps to disassociate or distance themselves from this president, by and large. you've got to point to what a number of republicans said on the campaign trail, charlie, and i hate to always look back, but past is our best guide, but republicans, including paul ryan -- and this is part of the reason donald trump won as well -- kept saying over and over again that hillary clinton was careless with classified information. they took that from james comey. >> rose: we conclude with jann wenner, co-founder of the rolling stone magazine and his son gus, the 50th anniversary this year. >> rolling stone has been a mission to me and started with the mission of promoting music and what it was about, what it stood for and has evolved over that period of time with a growing professionalism and with the music itself to rolling stone having a full-time voice in national conversation. >> rose: katy tur, jann wenner and g

. mcconnell. that is mitch mcconnell, the senate majority leader. it is all up to him after the house passed a measure to repeal and replace obamacare, a bill that some republicans admit has some serious flaws, some pre-existing conditions, if you will. but in this case the president is guaranteeing the pre-existing conditions will get full treatment. >> the senate is looking forward to getting it. mitch mcconnell knows how to do things. it could change a little bit. could get maybe even better. >> the president still in his victory lap or maybe his victory round of golf at his club in new jersey, but we are going to capitol hill where despite the sense of mission accomplished that we saw yesterday, the fight is really just beginning today. cnn's m.j. lee on capitol hill. the senate's turn. >> that's right, john. the past few months have felt very long and painful for house republicans. while this process just got a whole lot longer. here is what happens next. the bill that was passed in the house yesterday, that now moves over to the senate. the problem is that senate republicans hav

majority leader mitch mcconnell says that would do more harm than good. mike emanuel is live on capitol hill with the very latest. >> good afternoon, senate majority leader mitch mcconnell is ripping democrats for questioning the judgment of the deputy attorney general who has just confirmed to his post several weeks ago, 94-6, and it was that deputy attorney general who called for an leadership change at the fbi. >> but we have now, mr. president, our democratic colleagues complaining about the removal of an fbi director whom they themselves repeatedly and sharply criticized, that removal being done by a man, rod rosenstein whom they repeatedly and effusively praised. >> it is worth noting that some republicans have questioned the explanation and the timing for comey's removal as fbi director. that includes the chairman of the powerful senate intelligence committee. >> the timing and the reasons for this decision made little sense to me. i don't think i've heard anything since last night that would clarify that in any way. >> some of them have said democrats are hypocritical af

. back with me my panel. hugh, you've outlined what mitch mcconnell and the republicans need to do to get the bill across the finish line. tell us about step one, stay on message. >> yeah, step one is don't step on the victory yesterday. compliment the people in the house for getting a bill over to the senate np the contusion anticipates that the senate is going to disagree. get to work quietly on whether or not you're going to go big or small and then go big with a deal with chuck schumer that's good. in maryland the large e inshins just filed for a 52% rate increase. aetna pulled out of virginia, iowa's largest individual market plan insurer is thinking about leaving completely. obam0 b obamacare is falling apart. what they've got to do is not go on twitter and trash each other before they get a plan together. >> good luck with that. rand paul talked about it as well. take a listen. >> i think that the house freedom caucus made it a lot less bad is one of the nicest things i can think to say. the insurance company gets to socialize their losses and privatize their gains. so those ar

statement of from mitch mcconnell, they say senator mcconnell agrees that both health care and tangs reform are essential and that's why republicans in congress are using the reconciliation process to prevent a partisan filibuster of these critical legislative agenda items. so that is again the senate speak for what we were just talking about. they are using a process that will allow them to push the bills through with just republican votes. again the problem being there aren't enough republican votes. >> right. this isn't a procedural problem right now. items just it's just a math problem. good to see you, kasie hunt. i want to welcome a democra fromlifornia. congressman, good to see you. i want to go back to donald trump turning michael cohen, he says he will not comply with requests for information from the house or senate on russia. what is your reaction to that and what can you do about it? >> i hope he does. we need to hear from all relevant witnesses and be able to review all relevant documents. and we have other ways to compel testimony if people don't want to volunteer infor

because we have an interview with mitch mcconnell joining a bloomberg daybreak america 9:00 a.m. eastern time. ♪ joe: i am joe weisenthal. "what'd you miss?" news today on indications that some of the major opec players are inclined to continue cuts, though nothing specific. if we look at this chart of technicals, oil breaking through some fibonacci levels, through its 200 day moving average. it is starting to break above those lines in april as it was falling through those things. right now it looks like things are looking good again, breaking above some levels, so perhaps we will get a situation where the technicals and fundamentals line up, and that is what macro traders love to see when you have that confluence of news and charts. royal is that a two week high. you mentioned the drivers behind that. forecastommodity price , charting 35 analyst views on oil price and where they see it headed. this is for wti, pay attention to the green of a shows the bullish sentiment. it has been climbing. income ofat the very 71% of analysts are bullish on wti. the bearish sentiment as th