Karen Moscow, Nathan Karen, President Biden discussed on Bloomberg Daybreak


I'm Karen Moscow and U.S. stock index futures are lower this morning We're coming up to 5 O one on Wall Street and we check the markets every 15 minutes throughout the trading day on Bloomberg S&P futures down a 6 point down futures down 41 and NASDAQ futures down 33 The decks in Germany is a four tenths of upper set Ten year treasury up one 32nd the yield 1.55% the yield on the two year .47% Nymex screwed oil is a little changed at four cents at 84.9 cents a barrel Comics gold as little change at 1795.7 cents an ounce The Euro this morning at 1.1588 against the dollar British bound 1.3630 and they ended one 13.51 Nathan Karen we begin in Washington where House speaker Nancy Pelosi plans to vote this week on President Biden's economic agenda But she's getting pushed back from West Virginia democratic senator Joe Manchin He wants a detailed analysis on the plan's cost and economic impact I will not support the reconciliation legislation without knowing how the bill will impact our debt in our economy in our country We won't know that until we work through the text Senator Manchin is one of two key holdouts needed to secure the deal but deputy treasury secretary Wally is pushing back The president's framework does satisfy senator mansion I understand that he wants to read the legislation that is written based on that framework When you look at the framework it includes fully paying for the legislation using tax increases on the wealthy and on corporations deputy treasury secretary Wally adima made the comments in an interview with Bloomberg David west and says the president's plan will not add to the nation's debt But while Democrats debate here at home Nathan President Biden is at the cop 26 summit in Glasgow He's announcing plans for an assault on methane today with initiatives across the globe to keep the gas from escaping landfills oil wells and.

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