Nathan Karen, House Speaker Nancy Pelosi, President Biden discussed on Bloomberg Daybreak


Stock index future is treading water this morning NASDAQ futures though they're falling It is currently 6 O one on Wall Street and we check the markets every 15 minutes throughout the trading day on Bloomberg Right now NASDAQ futures are down about 28 points S&P and Dow futures are pretty much little changed The Dax in Germany is up half The ten year treasury up on 32nd yield 1.55% They yield on the two year .47% Nymex screwed oil is down a tenth of a percent or ten cents at $83 95 cents a barrel Nathan Karen we begin in Washington That's where House speaker Nancy Pelosi plans to vote this week on President Biden's economic agenda But she's getting pushback 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 and 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 sender mansion and 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 while the Audi amo made the comments in an interview with Bloomberg's David West End adios says the president's plan will not add to the nation's debt 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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