i was watching it live and i love mad dog matus. is a beloved figure in the military, highly respected, he never married, led the invasion of iraq. a small google search, that is what i wanted to share but this is my favorite. find an enemy that wants to end the experiment american democracy and kill every one of them until they are so sick of the killing and freedom contact. and the last years of eight years, and -- >> and my brother started crying, tried to stop this. a fantastic choice. >> even hearing from those who served with him or under him, amazing to hear what he had to say about how much they respect him. >> i like choice, he's a strong leader. i have concerns about civilian control of the military but going straight from uniform to secretary of defense, i understand the need general brand talked about, he should grant him the waiver. and stand in opposition to him based on that. >> not in opposition to him. >> exactly. voting against him rather than policy issues. going to start a real fight. with conservatives and repub

everyone who talks about general matus has is open and respectfu. they care about the next administration and peaceful transfer of power in our great democracy. i would characterize it as open-minded but very welcoming, area honest with each other and chuck schumer and donald trump not mincing words and it is good. >> you can't say whether it will be in the bill friday. >> we think sooner is better. martha: i want to talk about boeing and the future administration relationship with boeing. before donald trump tweet theed on air force one, the chicago tribune, here is what it says. count on a mercurial trump administration, a multibillion-dollar boeing commercial airline customer. trump is eager for china confrontation so, putting out a tweet surprising a lot of people about the fact that he wants to cancel the order for boeing to create the next program for air force one. >> that is a coincidence, not causation. before that tweet, and early afternoon he had been briefed before. a great deal of information the powers that be and he had been briefed,

>> and, as far as the matus nomination, that brings us up to eight of these cabinet level positions now filled with prospective nominees eight more to go. >>> mike pence is getting an unusual welcome to the nations capitol people said -- decided to send a call for -- colorful message. they're hanging gay prides outside their home. to his policies regarding lgb t rights. as governor of indiana, he signed a measure that would allow them to turn around gay lesbian customers to protect religious freedom. so far there are a half dozen flying in the neighborhood. >>> 7:12 am. and police patrols on a bay area freeway, coming up, the freeway shootings that have many drivers on high alert. >>> the first, california has its first flu related death. where it was reported and the new warnings. >>> good morning we do have traffic still very slow. and on the richmond bridge, it's bad news because of an accident on the span. look at this. this is a live picture. it's just that no one is moving. and, i would not recommend the richmond bridge. >>> and, there are some pretty good gusts. it's a cold wind.

host: four present a late donald trump, his pick of matus, explain that. says thatrent law that a member of the military cannot become secretary of defense. it is a civilian position. at the present would have to be out of the military for seven years before they can be considered for the post. in the cr, lawmakers inserted legislative language and the spending bill to provide a waiver to that seven-year rule. democrats today say they do not like the acr for the government is being used to change the law, but this kind of change should be debated in congress and given consideration. some really do not object to him getting the waiver and that sort of signals that it will not be a big block for the cr. host: there is funding for security for the president elect, explain the funding and the differences between what is in the bill and what new york city has requested. ranking member of the appropriations committee says it will not help new york city as much as it needs to address what is going on in new york city right now. and the kind of extra law enforceme

secretary of defense and as we were -- and as we introduce -- as we have reported, he has introduced jane matus. >> i am here for run reason, to thank you the people of north carolina. >> donald trump continues his thank you tour with the south and north carolina tuesday. he reiterated his plan to punish stone who -- those who earn the american flag which even some republicans say goes against free speech. >> we love our flag and we don't like it will we see people ripping up the flag and burning the flag. >> he says they will immediately put a ban on immigration from certain regions in order to prevent terrorists from entering the country. >> right now thousands and thousands and thousands of people are pouring into our country. we have no idea who they are, where they come from, do they love us, and in a lot of cases know they don't love us. >> democrat say his plan to deport illegal immigrants will not be feasible. >> most of the people here now are not leaving so unless donald trump wants to deport 11 million - 20 million immigrants were not here legally -- >> meanwhile, donald trump introd

. >>> there is word tonight there president-elect donald trump chose john matus as secretary of defense, he is a visiting fellow at the hoover institution of stanford university and has criticized the obama plan to withdraw us troops from as dennis dan -- afghanistan. >>> mr. trump traveled to ohio and indiana for victory tour. as lorin blanchard tells us the deal to save 1000 jobs for the company called carrier includes $7 million of tax incentives for the company. >>reporter: president-elect donald trump hits the road and he and president-elect mike pence were kicking things off at the indianapolis factory announcing a deal to keep roughly 1000 jobs there in the state of indiana after they were slated to move to mexico. >>> united technologies has stepped up and i have to say this, they did this in such a nice and professional way. companies are not going to leave the united states anymore without consequences. it will not happen. >>> in exchange for keeping the jobs in us soil, indiana is giving the parent company $7 million in tax incentives over the next 10 years. the employees res

>>we are going to appoint mad dog matus as our secretary of defense. >>> james mattis is a retired marine general at decorated veteran and is a known critic of the current administration's policy of iran. he retired in 2014 after serving as the commander of the us central command. trump also announced that he's narrowed his choice for the supreme nominee down to roughly 3 or four candidate. justice antonin scalia died in february and since then there has been only eight supreme court justices. trump says he will announce his take very soon. no asking them. they are starting to engage party building activities in rural iowa and supporting people that are out there and will iowa are interested in strong public schools, who are interested in quality to thinking water. >>immigrant say they are fearful for people in all diversities and the future of healthcare. right now at seven democrats are running for chair of the state party. >>> the obama administration is now challenging a federal judge's decision to block a new federal rule that would have opened up about 4 million americans for overti

. >> we are going to appoint mad dog matus at our secretary of defense. [ cheering ] but we are not announcing until monday so do not tell anybody who >> reporter: a surprise announcement in the evening rally in ohio known as hardliner with retired marine general james mattis facing an uphill battle for this because he's only been retired three years. this morning mr. trump is back in new york after announcing a 1000 manufacturing jobs will not be moving to mexico. >> companies are not going to leave the united states anymore >> reporter: but 1300 carrier jobs are headed south of the border. >> it is like we have been forgotten from the were beginning. >> reporter: today it is back to work on the transition. the secretary of state nominee is still unannounced and sources tell joe scarborough they are looking at new candidates. current and former ceos of exxon mobil. tracie potts, washington. >>> a tornado touched down in georgia and was caught on video at a >>> ? and since we have no place to go, let it snow, let it snow, let it snow. ? >> you think of the locomotion but i did not initiate a c

. >> we are going to appoint medlock matus as our secretary of defense. [ applause ] [ cheering ] but we are not announcing it until monday, so don't tell >> reporter: a surprise announcement during the evening rally in ohio. return marine general james mattis faces an uphill battle for confirmation. he needs a special civilian waiver because he has only been retired three years. this morning mr. trump is back in new york after announcing a manufacturing job not moving to mexico. >> companies are not going to without consequences. it is not going to happen. >> reporter: but 1300 carrier jobs are headed south of the border. >> we feel like we have been forgotten from the very beginning. >> reporter: after the rally last night it is back to work on the transition. the secretary of state nominee still unannounced. sources tell >> reporter: -- joe scarborough they are looking at new candidates with the current and former ceos of exxon mobil. tracie potts, nbc washington. >>> parts of georgia are cleaning up after a tornado came down. more after the break. >>> and why the durham board elec

last night donald trump announced his pick for defense secretary and plans to nominate matus for department of defense. nicknamed of mad dog served in central command in middle east. he has reputation as tough talking marine with years of experience in combat but little experience in diplomacy. >> daniel: mean team another possible member of trump's camp picking up endorsement. elizabeth warren supports idea of scott brown becoming director of she has no doubt brown would put his heart and soul into helping veterans. warren also praised former governor mitt romney who's under consideration for secretary of state. >> julie: we track traffic and weather together every 10 minutes. taking a look at drive time on the expressway right now. we are down to 20 minutes as you head from the braintree split to the exit for the pike. shiri? >> shiri: wind chill right now middle 30s in the boston area and still stuck in the 20s out in worcester. have here early this afternoon and lands us with wind wind chin the middle 40s. that's it. show where you we have 50 degree highs today and more on weekend coold

he was originally offered at the position and declined to take it and recommended general matus got the job. it might be a potential member of the trump cabinet. this is little skill he -- scary to some. are you with me. they're so freaked out about this one. at the republican a republican governor in north dakota. the seat is vacated. i would assume. until the 2018 elections you want another republican senator. i guess the question is what is a likelihood that she would take it. it would be a very tough reelection for her. trump won north dakota by double digits. maybe even 30 points. they want to get things done. they ran the energy business before this. she acts as a republican and business but when it comes to the energy she acts like that. you open up the seat. and it's diverse. he has a lot of the women actually. that's one thing i have noticed. he will put a lot of women in big places. they talk about that. they helped offer the 911 bill. it who was challenged with intelligence. there is a lot of incredibly talented republican and democratic women. we will take a quick break. see

of the greatest pieces of news, when they heard that our next resident was nominating general jeff matus to be the next secretary of defense. they were, and up because they knew this was a leader who's going to make decisions based on security and military and not political decisions. needed a new president and a new vice president who are going to leave leadcountry forward -- this country forward, and that's one of the best decisions they have made so far. i want to tell you, what a great crowd. i know there are still people coming in, but once again, wisconsin led the way this last november. thank you to all of you here. [cheers and applause] i look aroundr: this crowd and i think back six years ago. you helped us transform this state in november of 2010. you sent us as a new governor, you helped elect a new lieutenant governor, and new majorities in the assembly and the senate, and then a week later we said it is put up or shut up time, and we delivered on our promises. you helped us do that. in fact, you helped us deliver on those promises so well, we didn't just win in 2010, we won

this is the guy we could not trust and his first choice was jim matus. then, remarkably, he picks john kelly, marine general, to be head of national security. he's a remarkable public servant. he lost his son in combat. he's dedicated to serving the country and he is perfectly prepared, literally the best person in the country if you are serious about our southern border, there's nobody better then john kelly. you could say take those and add general flynn, that's three general, is that too many? not for the american public. the only institution they think is not corrupt, it's the military. and you say shouldn't we replace those guys with lawyers or harvard professors? think about it. this is why the left is in such trouble. kelly will be a remarkable leader and if you read his brief statement, he talks about the end of political correctness. not quite the statement you might have guessed. he knows more about controlling america's border and defeating both terrorists and drug dealers than anybody else i know of in the american system. then tillerson, who

james matus for defense secretary. he provided some insight into his disc fence strategy. if our intelligence community as it fit for the expanding purpose. we have less military shock exorbitant and are smaller military so less ability to take surprise in stride. accordingly we need more early morning. working with intel community is a question of funding for the intel agencies. incorporating the broadest issues into your assessments if you consider what we must do at the national debt is assessed to the be the biggest national security threat that we face. as we noted the foundation of military strength. in a few short years however we will be paying interest on our debt and it will be a bigger bill than what we paid today. what is the impact on the national security for future generations who will inherit this irresponsible debt in the taxes to service at. no nation in history has maintained its military power if it failed to keep the fiscal house in order. how do you urgently hold the damage caused by that. no foe in the field can wreck such havoc on the security it wo

this is the guy we could not choice wasis first jim matus. then, remarkably, he picks john kelly, marine general, to be head of national security. he's a remarkable public servant. he lost his son in combat. he's dedicated to serving the country and he is perfectly prepared, literally the best person in the country if you are serious about our southern border, there's nobody better then john kelly. you could say take those and add general flynn, that's three general, is that too many? not for the american public. the only institution they think is not corrupt, it's the military. and you say shouldn't we replace those guys with lawyers or harvard professors? think about it. this is why the left is in such trouble. be a remarkable leader and if you read his brief statement, he talks about the end of local correctness. not quite the statement you might have guessed. he knows more about controlling america's border and defeating both terrorists and drug dealers than anybody else i know of in the american system. tillerson who would be the news me

general james matus for secretary of defense. a four-star general. the former commander of u.s. central command with transformation. this is gonna be so great for us. mad dog plays and no games. >> think you for the opportunity. i'm grateful for the opportunity to return to our troops, their families and that it civilian. i know how committy are and devoted they are to the defense of our country and the defense of our constitution. the very latest as high-profile names continue to defend on trump tower today. a call for a ban on fullface veils. the leader does a 360. pfizer hits over a record striker -- staggering drug hike. the industrial average is expected to open and another record high this morning after a record level yesterday. the dow closed at another record high yesterday. that is a 20th record high this year. industrial average often the highs of this morning. in europe they are rallying across the board. take a look at this. it's up one and half percent. it also has one and half percent. it was strong as well. and ek average up one quarters of 1%. and with christmas

drew matus, thank you for joining us and michael mckee. will be reporting from washington, d.c. tomorrow. watch special coverage as it begins at 1:00 p.m. eastern. bill gross, hubbard will always in on the first rates move in a year. david: steve mnuchin of may phase tough court -- may face tough questions on how he ran his bank. this is bloomberg. ♪ david: this is "bloomberg markets." steve mnuchin it is a pick to be next secretary of treasury. if he is chosen, he will face tough questions about he -- how he ran his bank. more on his legacy. our reporter joins us with more on his reporting. let's talk about the investigation. steve mnuchin randall one west -- ran one west. what is huddle looking at? >> this centers on a division of the bank that mnuchin ran. it was financial freedom and is specialize in reverse mortgages. they serviced 90,000. their job is to collect the money from borrowers when it comes due and foreclose if they need to. the allegation that hud is were they properly keeping track or if they followed all the rules to get reimbursed from the government for th

jim addison, this close to becoming defense secretary and jim matus, hero of iraq, commander of central command and the middle east, knows the area. couldn't think of a better pick. i more than plainly surprised at how it has been going. stuart: read all about it in the wall street journal, the headline from dan hettinger. thank you very much. i want to get back to some news, not exactly breaking news but this is important. mortgage rates have gone up and we are above 4 person. ashley: just a tick, 4.08% but that represent the highest level in 16 months for the average rate you get on a 30 year mortgage, 3.93% a year ago, not screening hire but the trend is to move up as our other loans. stuart: interest rates up, the downside what we are about to show you, stock market has gone straight up and still going up, well over 19,000, nice trump rally, the downside is much higher mortgage rates and generally speaking higher interest rates as well. back to caterpillar, it was halted pending a news development, that the company says it is encouraged by the potential of the us infrastructure bill

we are going to appoint mad dog matus as our secretary of defense. stuart: that's how you make an announcement. that's how you do it. [laughter] >> the general is known to his troops as mad dog mattis and known for speaking, let's say colorfully, got a couple of examples for you. told marines stationed in iraq, the first time you blow someone away is not an insignificant event. that said,there are some expletive deleted that need to be shot. i come in peace, i didn't bring artillery, i'm pleading with you in tears in my eyes if you expletive with me, i'll kill you all. general jack keane is with us. see if he's smiling. no, he's not smiling. i thought that was kind of rough, tough stuff. i thought you'd approve. no? >> that's only one part of jim mattis, i think we've got some toleration for some of our generals throughout history who led our troops in major campaigns are at times very colorful people and i hope the american people understand that and support it. stuart: general, i think they flat-out love it. that's what they want. not this double t

he talked about the protesters who did not even vote in the election, he talked about madoff matus, and he also talked about flagburning. the overarching theme was that he wanted to unify the country. so it was classic trumpet in many ways. a speech that stood out over the past couple of months. a pretty hawkish cabinet so far assuming they get through senate confirmation hearings and are nominated to their post. is there any post left that may balance out this hawkishness? >> i don't think so, and that's a great question. a point that i would make is donald trump ran on populist rhetoric, but the positions he is appointing on the economy, if you look at their past, have adopted a more globalist type of financial policy. so i'm intrigued to see what happens with the fed board, especially that key federal reserve vice president for supervision. that has not been filled in some time. a lot of the names being discussed have really adopted a more globalist economic worldview. david: every four years, a group of reporters, strategists, managers get together to talk about what has happened. y