All right, let's talk about uh President Trump's economic agenda, crypto regulation, the Fed, and more. With us now, to our delight, uh House Speaker Mike Johnson. Mr.. Speaker, um thanks for joining us this morning. Good morning. Glad to be with you as always. I don't uh think we've talked since the um I'm just it's the OBB. I you know, I can't explain it every time, but I don't think we've talked to you since the OBB. I don't know whether uh you saw earlier. I I had to laugh because we had President Obama ...

Core Viewpoint - Burford Capital Limited has provided an update regarding the removal of proposed tax provisions related to litigation finance from the US Senate's budget reconciliation bill, which has now been adopted without these provisions [1][2]. Company Overview - Burford Capital is a leading global finance and asset management firm focused on law, offering services in litigation finance, risk management, asset recovery, and various legal finance and advisory activities [3]. - The company is publicly traded on both the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR), and operates through a global network of offices [3].

Core Viewpoint - Burford Capital Limited provides an update regarding proposed tax provisions related to litigation finance in the US Senate's draft budget reconciliation bill, highlighting significant changes in tax rates and potential revenue estimates [1][2]. Tax Provisions Update - The proposed tax rate for litigation finance has been reduced to 31.8% from 40.8%, and the withholding tax rate on gains has been lowered to 15.9% from 50% of the tax rate applied to gross proceeds [2]. - The nonpartisan Joint Committee on Taxation has revised its revenue estimates for the tax provisions over the next decade to $1.4 billion, down from previous estimates of $3.5 billion [2]. Legislative Uncertainty - The Senate is still debating the legislation, with several procedural and political uncertainties surrounding both the litigation finance provisions and the overall bill, making the outcome unpredictable [3]. - Burford Capital is currently unable to assess the potential impact of these provisions on its future tax position if enacted in their current form [3]. Company Overview - Burford Capital is a leading global finance and asset management firm focused on law, involved in litigation finance, risk management, asset recovery, and various legal finance and advisory activities [4]. - The company is publicly traded on both the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR), operating through a global network of offices [4].

So Brad Gersonner, it's good to have you back. Uh, and it's great timing and no offense taken at the fact that you'll only wear a suit if you're going to the White House. I sort of figured that and this is what I expected you to be in today.And we'll get to all of that a little bit later. Uh, but I do want your current market view because I know you did get more bullish on these markets towards the end of April and into early May. And here we are.As I said at the very top, we're just a couple of percentage ...

The Senate continues to work on changes to the House passed reconciliation bill with their looming July 4th deadline. Joining us right now with the latest is Senator Shelley Moore Capo. She is the Republican Policy Committee chair.And um Senator, thank you for being with us. Let's talk a little bit about where things stand because we we've heard from many of your colleagues who have had issues with this bill as it stands and want to change things. What what's the latest.Well, we always knew when the House p ...