The Trump administration is applauding the January jobs reports.

This comes as the President signs executive order taking aim at Dodd-Frank financial overhaul.

Last month's jobs report, which showed the U.S. economy adding 227,000 jobs and the unemployment rate at 4.8 percent.

The report also says that more Americans started looking for work, although not all of them found jobs immediately.

"Today's report reflects the consumer confidence that the Trump presidency has inspired," said White House press secretay Sean Spicer.

"President Trump campaigned on how to make America work again. Even before he took office, the markets knew he would deliver on that promise."

President Donald Trump also signed an executive order that will direct the Treasury secretary to review the 2010 Dodd-Frank financial overhaul.

It's Trump's first step at scaling back regulations on financial services.

Trump has called the law a "disaster" and said it failed to address some of the causes of the 2008-2009 financial crisis.

Washington DC - 3 February 2017

1. SOUNDBITE (English) Sean Spicer, White House Press Secretary:

"The economy added more than 227,000 new jobs, significantly more than the 175,000 that had been expected. Today's report reflects the consumer confidence that the Trump presidency has inspired. According to a recent Gallup poll, economic confidence is at a new high and ADP showed strong private sector hiring. President Trump campaigned on how to make America work again. Even before he took office, the markets knew he would deliver on that promise."

++SEPARATED BY WHITE FLASH+++

2. SOUNDBITE (English) Sean Spicer, White House Press Secretary:

"The president's already taken significant steps to turn our economy around and he is looking forward to ensuring that every American who wants a job has the opportunity to find one. While the president's definitely pleased that the job growth has far surpassed expectations and that the labor force participation is rising, he also recognizes that there is a lot more work to be done."

++SEPARATED BY WHITE FLASH+++

3. SOUNDBITE (English) Sean Spicer, White House Press Secretary:

"The Dodd-Frank Act is a disastrous policy that's hindering our markets, reducing the availability of credit and crippling our economy's ability to grow and create jobs. It imposed hundreds of new regulations and financial -- on financial institutions, while establishing unaccountable and unconstitutional new agency that does not adequately protect consumers. Perhaps worst of all, despite all of this overreaching, Dodd-Frank did not address the causes of the financial crisis, something we all know must be done. It did not solve the too big to fail and we must determine conclusively that the failure of a large bank will never again leave taxpayers on the hook."

The Trump administration is applauding the January jobs reports.

This comes as the President signs executive order taking aim at Dodd-Frank financial overhaul.

Last month's jobs report, which showed the U.S. economy adding 227,000 jobs and the unemployment rate at 4.8 percent.

The report also says that more Americans started looking for work, although not all of them found jobs immediately.

"Today's report reflects the consumer confidence that the Trump presidency has inspired," said White House press secretay Sean Spicer.

"President Trump campaigned on how to make America work again. Even before he took office, the markets knew he would deliver on that promise."

President Donald Trump also signed an executive order that will direct the Treasury secretary to review the 2010 Dodd-Frank financial overhaul.

It's Trump's first step at scaling back regulations on financial services.

Trump has called the law a "disaster" and said it failed to address some of the causes of the 2008-2009 financial crisis.

Washington DC - 3 February 2017

1. Cutaway of White House Press Secretary Sean Spicer walking in to press briefing

2. SOUNDBITE (English) Sean Spicer, White House Press Secretary:

"The economy added more than 227,000 new jobs, significantly more than the 175,000 that had been expected. Today's report reflects the consumer confidence that the Trump presidency has inspired. According to a recent Gallup poll, economic confidence is at a new high and ADP showed strong private sector hiring. President Trump campaigned on how to make America work again. Even before he took office, the markets knew he would deliver on that promise."

3. Cutaway

4. SOUNDBITE (English) Sean Spicer, White House Press Secretary:

"The president's already taken significant steps to turn our economy around and he is looking forward to ensuring that every American who wants a job has the opportunity to find one. While the president's definitely pleased that the job growth has far surpassed expectations and that the labor force participation is rising, he also recognizes that there is a lot more work to be done."

5. Cutaway

6. SOUNDBITE (English) Sean Spicer, White House Press Secretary:

"The Dodd-Frank Act is a disastrous policy that's hindering our markets, reducing the availability of credit and crippling our economy's ability to grow and create jobs. It imposed hundreds of new regulations and financial -- on financial institutions, while establishing unaccountable and unconstitutional new agency that does not adequately protect consumers. Perhaps worst of all, despite all of this overreaching, Dodd-Frank did not address the causes of the financial crisis, something we all know must be done. It did not solve the too big to fail and we must determine conclusively that the failure of a large bank will never again leave taxpayers on the hook."

7. Cutaway

8. SOUNDBITE (English) Sean Spicer, White House Press Secretary:

"They did have a very productive and candid conversation. We have tremendous amount of respect for the people of Australia, for Prime Minister Trunbull and a followup on the call, but we are going to continue to work through this. We are going to honor the commitments that we made in some way, meaning that we are going to vet these people in accordance with the agreement that happened and we are going to continue to have further updates as we do."

9. Cutaway

10. SOUNDBITE (English) Sean Spicer, White House Press Secretary:

"The President is commited to peace, that's his goal and I think when the President and Prime Minister meet here on the 15th that obviously be the topic at that. At the end of the day the goal is peace. I think that is what you have to keep in mind, I think that is going to be a subject that they discuss when they meet on the 15th and that's as far as I want to go on that."

11. Cutaway

12. SOUNDBITE (English) Sean Spicer, White House Press Secretary:

"I think the statement is very clear about that, we don't think the existence of current settlements is an impedement to peace, but I think the construction or expansion of existing settlements beyond the borders is not going to be helpful moving forward."

13. Spicer leaving briefing

The Trump administration is applauding the January jobs reports.

White House Press Secretary Sean Spicer on Friday addressed last month's job report, which showed the U.S. economy adding 227,000 jobs and the unemployment rate at 4.8 percent.

The report also says that more Americans started looking for work, although not all of them found jobs immediately.

Trump also signed an executive order that will direct the Treasury secretary to review the 2010 Dodd-Frank financial overhaul.

It's Trump's first step at scaling back regulations on financial services.

Trump has called the law a "disaster" and said it failed to address some of the causes of the 2008-2009 financial crisis.

Washington DC - 3 February 2017

1. White House Press Secretary Sean Spicer walking in to press briefing

2. SOUNDBITE (English) Sean Spicer, White House Press Secretary:

"The economy added more than 227,000 new jobs, significantly more than the 175,000 that had been expected. Today's report reflects the consumer confidence that the Trump presidency has inspired. According to a recent Gallup poll, economic confidence is at a new high and ADP showed strong private sector hiring. President Trump campaigned on how to make America work again. Even before he took office, the markets knew he would deliver on that promise."

3. Cutaway

4. SOUNDBITE (English) Sean Spicer, White House Press Secretary:

"The president has already taken significant steps to turn our economy around and he is looking forward to ensuring that every American who wants a job has the opportunity to find one. While the president's definitely pleased that the job growth has far surpassed expectations and that the labor force participation is rising, he also recognizes that there is a lot more work to be done."

5. Cutaway

6. SOUNDBITE (English) Sean Spicer, White House Press Secretary:

"The Dodd-Frank Act is a disastrous policy that's hindering our markets, reducing the availability of credit and crippling our economy's ability to grow and create jobs. It imposed hundreds of new regulations on financial institutions while establishing unaccountable and unconstitutional new agency that does not adequately protect consumers. Perhaps worst of all, despite all of this overreaching, Dodd-Frank did not address the causes of the financial crisis, something we all know must be done. It did not solve the too big to fail and we must determine conclusively that the failure of a large bank will never again leave taxpayers on the hook."

7. Cutaway

8. SOUNDBITE (English) Sean Spicer, White House Press Secretary:

"They did have a very productive and candid conversation. We have tremendous amount of respect for the people of Australia, for Prime Minister Trunbull and it was a follow-up on the call, but we are going to continue to work through this. We are going to honor the commitments that we've made in some way, meaning that we are going to vet these people in accordance with the agreement that happened and we are going to continue to have further updates as we do."

9. Cutaway

10. SOUNDBITE (English) Sean Spicer, White House Press Secretary:

"The president is committed to peace, that's his goal and I think when the president and Prime Minister Netanyahu meet here on the 15th that obviously be the topic at that. At the end of the day the goal is peace. I think that is what you have to keep in mind, I think that is going to be a subject that they discuss when they meet on the 15th and that's as far as I want to go on that."

11. Cutaway

12. SOUNDBITE (English) Sean Spicer, White House Press Secretary:

"I think the statement is very clear about that, we don't believe that the existence of current settlements is an impediment to peace, but I think the construction or expansion of existing settlements beyond the current borders is not going to be helpful moving forward."

13. Spicer leaving briefing

LEAD IN:

The US housing industry is waiting to see how a Donald Trump presidency will shape the industry's fortunes.

In the celebrity enclave of Los Angeles, demand for luxury homes is running hot and the industry remains optimistic.

Real estate analysts are hoping Trump's business background will boost housing market sentiment.

STORY-LINE:

An iconic view across Los Angeles from the famous Hollywood Hills.

Luxury houses here are in hot demand, especially for their million dollar views.

Estate agents say the market has shown strong signs of improvement since the November election won by Donald Trump.

There's optimism among some in the industry that a Trump presidency could be good for the real estate market because of his business background.

While the president-elect has given no specifics about policy, he has indicated that he might decrease regulations on housing construction and that could lead to improvements for supply and inventory shortages.

No matter what changes come, top luxury realtors in Los Angeles predict the market will remain robust and expect even more improvement.

"We're always going to be consistent which means we're always going to be doing well in the sales," says Karen Misraje, President, Beverly Hills Greater Los Angeles Association of Realtors.

"Now, if the new administration changes the tax laws and we happen to bring in 5 trillion dollars of offshore profits, corporate offshore profits, that's going to bring the money that needs the infrastructure of this country which will then means jobs, people making money, more taxes are earned and that's good. OK, so yes they remain to be seen but the first thing I did when he was elected is I went to a financial station at 2 o'clock in the morning and the stock market was down during the day of the election but at 2 o'clock in the morning the market was up."

Misraje says in LA the only problem is a shortage of houses to sell because of increased US and worldwide demand. That results in higher prices and multiple competing bids for luxury homes.

Research by the leading online real estate marketplace Zillow shows the LA luxury market remaining strong in 2017.

It predicts that home values will increase by between four and five percent this year.

Chip Ahlswede, CEO of the Beverly Hills Greater Los Angeles Association of Realtors, says while there is still some uncertainty, realtors remain confident for the future.

"The feeling is good. People are confident in this market. They see a lot of really fast sales. They see that prices are increasing. They don't see them outpacing people's incomes. They're not in a situation where people are over leveraging themselves. All in all people feel very good about this market," says Ahlswede.

Overall in the USA, economists predict mortgage rates will continue to climb in 2017 which could be challenging for some home buyers.

Analysts from Realtor.com, the official site of the National Association of Realtors, say they expect LA to record the second strongest growth after Phoenix, Arizona.

The association says the current number of homes on the market in LA is insufficient to meet the demand, even though supply is increasing.

David Kramer, Executive Vice President of boutique agent Hilton and Highland, says luxury sales increased once Trump was voted in.

His firm is selling this home on Swallow Drive, in the Hollywood Hills for just under US$17 million.

The 7 bedroom, 8 bathroom home has ocean and mountain views and has luxury fixtures and fittings.

Kramer says he expects the house will sell quickly in today's strong luxury market.

"Before the election there was a kind of collective holding of everyone's breath. Kind of a 'we're not sure what's going to happen'. I think there was unpredictability about the future. What's going to happen with tax laws, what's going to happen internationally and as we kind of saw with the stock market, there was a collective sigh and business kind of got back to normal. If anything there was kind of a pent up demand from people not buying homes and all of a sudden we just saw this tremendous increase of volume. For example, the three months preceding the election, we had about $60 million dollars in sales, that's in four areas of the West Side, afterward we had $211 million dollars in sale."

Grant Linscott, a realtor at Keller Williams Reality which services Hollywood, Hollywood Hills, Beverly Hills, Belair and Holmby Hills says many people waited until after the election to act.

"People were wait and see for about a week afterwards. There was that knee jerk reaction. Now people are tired of waiting. High end buyers, I saw a 19 million dollar buyer just go into escrow very excitedly. His words. He was tired of waiting."

Sacha Radford, Director of the Residential Estates Division at The Agency, another luxury realtor, says there has been no market slowdown.

She says luxury sales have remained strong before and after the election.

One of her latest listings is this property at Sierra Alta Way in the Hollywood Hills above the famed Sunset Strip.

It has 5 bedrooms, 10 bathrooms, a 'man cave' and a viewing garage across 13,820 square feet. It is priced at US$ 18.8 million.

"Well LA has become the trendiest most glamorous city to invest in. So we have buyers form all over the world looking to live here. With globalization and the advancement of technology, every business can operate in LA. You don't need to be in London or New York specifically if you want to do business, you can go to the beach here and then go home and do a Skype meeting from your beautiful hillside estate and so we really didn't feel an impact from the election. In fact we saw more sales between summer fall and winter then we did the previous year," says Radford.

While much of the US is still waiting to see how a Trump presidency will play out in regards to housing, it seems LA realtors are banking on a bright future ahead.

Los Angeles, California, US - 17 January 2017

1. Wide of palm trees and buildings in background

2. Wide of Greater Los Angeles area from mountaintop

3. Mid of homes in Hollywood Hills

4. Mid of two mansions in Hollywood Hills

5. Pull out from house on hill

6. Wide of street in Hollywood Hills

7. Set up Karen Misraje, President, Beverly Hills Greater Los Angeles Association of Realtors

8. Pull out from painting to house in the hills

9. Wide of view backyard of luxury house in the hills

10. Wide of Greater L.A. basin with palm trees in foreground

11. Wide of house in the Hollywood Hills

12. SOUNDBITE (English) Karen Misraje, President, Beverly Hills Greater Los Angeles Association of Realtors:

"We're always going to be consistent which means we're always going to be doing well in the sales. Now, if the new administration changes the tax laws and we happen to bring in 5 trillion dollars of offshore profits, corporate offshore profits, that's going to bring the money that needs the infrastructure of this country which will then means jobs, people making money, more taxes are earned and that's good. OK, so yes they remain to be seen but the first thing I did when he was elected is I went to a financial station at 2 o'clock in the morning and the stock market was down during the day of the election but at 2 o'clock in the morning the market was up."

13. Wide of Greater Los Angeles

14. Mid of houses in the Hollywood Hills

15. Set up of Chip Ahlswede, CEO of Beverly Hills Greater Los Angeles Association of Realtors

16. SOUNDBITE (English) Chip Ahlswede, CEO of Beverly Hills Greater Los Angeles Association of Realtors:

"The feeling is good. People are confident in this market. They see a lot of really fast sales. They see that prices are increasing. They don't see them outpacing people's incomes. They're not in a situation where people are over leveraging themselves. All in all people feel very good about this market."

17. Wide of luxury house in the Hollywood Hills

18. Wide of kitchen dining area in house in the hills with view in background

19. Wide of kitchen area and sitting area in background

20. Wide of Beverly Hills

21. Mid house under construction in the hills

22. Set up David Kramer, Executive Vice President, Hilton and Highland

23. Wide of 9200 Swallow Drive luxury house exterior

24. Wide of living room and patio

25. Pull out from modern chandelier to dining room

26. Wide of back terrace area

27. Wide of pool

28. SOUNDBITE (English) David Kramer, Executive Vice President, Hilton and Highland:

"Before the election there was a kind of collective holding of everyone's breath. Kind of a 'we're not sure what's going to happen'. I think there was unpredictability about the future. What's going to happen with tax laws, what's going to happen internationally and as we kind of saw with the stock market, there was a collective sigh and business kind of got back to normal. If anything there was kind of a pent up demand from people not buying homes and all of a sudden we just saw this tremendous increase of volume. For example, the three months preceding the election, we had about $60 million dollars in sales, that's in four areas of the West Side, afterward we had $211 million dollars in sales."

29. Set up Grant Linscott, realtor, Keller Williams Realty

30. Exterior of house

31. Wide interior of kitchen

32. Tilt down and pan of a luxury bathroom

33. SOUNDBITE (English) Grant Linscott, realtor, Keller Williams Realty:

"People were wait and see for about a week afterwards. There was that knee jerk reaction. Now people are tired of waiting. High end buyers, I saw a 19 million dollar buyer just go into escrow very excitedly. His words. He was tired of waiting."

34. Set up Sacha Redford, The Agency, Director of the Residential Estates Division

35. Wide exterior of 1307 Sierra Alta Way in the Hollywood Hills

36. Wide exterior of back area of house

37. Wide interior of second floor

38. Pull out form sculpture to wide of living room

39. Wide of master bedroom

40. Pan from backyard view to hallway

41. Wide of man cave interior basement

42. Mid of viewing garage from inside house

43. Tilt down of exterior to viewing garage

44. SOUNDBITE (English) Sacha Redford, The Agency, Director of the Residential Estates Division:

"Well L.A. has become the trendiest most glamorous city to invest in. So we have buyers form all over the world looking to live here. With globalization and the advancement of technology, every business can operate in LA. You don't need to be in London or New York specifically if you want to do business, you can go to the beach here and then go home and do a Skype meeting from your beautiful hillside estate and so we really didn't feel an impact from the election. In fact we saw more sales between summer fall and winter then we did the previous year."

45. Pull out from the Hollywood sign

LEAD IN:

The US housing industry is waiting to see how a Donald Trump presidency will shape the industry's fortunes.

In the celebrity enclave of Los Angeles, demand for luxury homes is running hot and the industry remains optimistic.

Real estate analysts are hoping Trump's business background will boost housing market sentiment.

STORY-LINE:

An iconic view across Los Angeles from the famous Hollywood Hills.

Luxury houses here are in hot demand, especially for their million dollar views.

Estate agents say the market has shown strong signs of improvement since the November election won by Donald Trump.

There's optimism among some in the industry that a Trump presidency could be good for the real estate market because of his business background.

While the president-elect has given no specifics about policy, he has indicated that he might decrease regulations on housing construction and that could lead to improvements for supply and inventory shortages.

No matter what changes come, top luxury realtors in Los Angeles predict the market will remain robust and expect even more improvement.

"We're always going to be consistent which means we're always going to be doing well in the sales," says Karen Misraje, President, Beverly Hills Greater Los Angeles Association of Realtors.

"Now, if the new administration changes the tax laws and we happen to bring in 5 trillion dollars of offshore profits, corporate offshore profits, that's going to bring the money that needs the infrastructure of this country which will then means jobs, people making money, more taxes are earned and that's good. OK, so yes they remain to be seen but the first thing I did when he was elected is I went to a financial station at 2 o'clock in the morning and the stock market was down during the day of the election but at 2 o'clock in the morning the market was up."

Misraje says in LA the only problem is a shortage of houses to sell because of increased US and worldwide demand. That results in higher prices and multiple competing bids for luxury homes.

Research by the leading online real estate marketplace Zillow shows the LA luxury market remaining strong in 2017.

It predicts that home values will increase by between four and five percent this year.

Chip Ahlswede, CEO of the Beverly Hills Greater Los Angeles Association of Realtors, says while there is still some uncertainty, realtors remain confident for the future.

"The feeling is good. People are confident in this market. They see a lot of really fast sales. They see that prices are increasing. They don't see them outpacing people's incomes. They're not in a situation where people are over leveraging themselves. All in all people feel very good about this market," says Ahlswede.

Overall in the USA, economists predict mortgage rates will continue to climb in 2017 which could be challenging for some home buyers.

Analysts from Realtor.com, the official site of the National Association of Realtors, say they expect LA to record the second strongest growth after Phoenix, Arizona.

The association says the current number of homes on the market in LA is insufficient to meet the demand, even though supply is increasing.

David Kramer, Executive Vice President of boutique agent Hilton and Highland, says luxury sales increased once Trump was voted in.

His firm is selling this home on Swallow Drive, in the Hollywood Hills for just under US$17 million.

The 7 bedroom, 8 bathroom home has ocean and mountain views and has luxury fixtures and fittings.

Kramer says he expects the house will sell quickly in today's strong luxury market.

"Before the election there was a kind of collective holding of everyone's breath. Kind of a 'we're not sure what's going to happen'. I think there was unpredictability about the future. What's going to happen with tax laws, what's going to happen internationally and as we kind of saw with the stock market, there was a collective sigh and business kind of got back to normal. If anything there was kind of a pent up demand from people not buying homes and all of a sudden we just saw this tremendous increase of volume. For example, the three months preceding the election, we had about $60 million dollars in sales, that's in four areas of the West Side, afterward we had $211 million dollars in sale."

Grant Linscott, a realtor at Keller Williams Reality which services Hollywood, Hollywood Hills, Beverly Hills, Belair and Holmby Hills says many people waited until after the election to act.

"People were wait and see for about a week afterwards. There was that knee jerk reaction. Now people are tired of waiting. High end buyers, I saw a 19 million dollar buyer just go into escrow very excitedly. His words. He was tired of waiting."

Sacha Radford, Director of the Residential Estates Division at The Agency, another luxury realtor, says there has been no market slowdown.

She says luxury sales have remained strong before and after the election.

One of her latest listings is this property at Sierra Alta Way in the Hollywood Hills above the famed Sunset Strip.

It has 5 bedrooms, 10 bathrooms, a 'man cave' and a viewing garage across 13,820 square feet. It is priced at US$ 18.8 million.

"Well LA has become the trendiest most glamorous city to invest in. So we have buyers form all over the world looking to live here. With globalization and the advancement of technology, every business can operate in LA. You don't need to be in London or New York specifically if you want to do business, you can go to the beach here and then go home and do a Skype meeting from your beautiful hillside estate and so we really didn't feel an impact from the election. In fact we saw more sales between summer fall and winter then we did the previous year," says Radford.

While much of the US is still waiting to see how a Trump presidency will play out in regards to housing, it seems LA realtors are banking on a bright future ahead.

Los Angeles, California, US - 17 January 2017

1. Wide of palm trees and buildings in background

2. Wide of Greater Los Angeles area from mountaintop

3. Mid of homes in Hollywood Hills

4. Mid of two mansions in Hollywood Hills

5. Pull out from house on hill

6. Wide of street in Hollywood Hills

7. Set up Karen Misraje, President, Beverly Hills Greater Los Angeles Association of Realtors

8. Pull out from painting to house in the hills

9. Wide of view backyard of luxury house in the hills

10. Wide of Greater L.A. basin with palm trees in foreground

11. Wide of house in the Hollywood Hills

12. SOUNDBITE (English) Karen Misraje, President, Beverly Hills Greater Los Angeles Association of Realtors:

"We're always going to be consistent which means we're always going to be doing well in the sales. Now, if the new administration changes the tax laws and we happen to bring in 5 trillion dollars of offshore profits, corporate offshore profits, that's going to bring the money that needs the infrastructure of this country which will then means jobs, people making money, more taxes are earned and that's good. OK, so yes they remain to be seen but the first thing I did when he was elected is I went to a financial station at 2 o'clock in the morning and the stock market was down during the day of the election but at 2 o'clock in the morning the market was up."

13. Wide of Greater Los Angeles

14. Mid of houses in the Hollywood Hills

15. Set up of Chip Ahlswede, CEO of Beverly Hills Greater Los Angeles Association of Realtors

16. SOUNDBITE (English) Chip Ahlswede, CEO of Beverly Hills Greater Los Angeles Association of Realtors:

"The feeling is good. People are confident in this market. They see a lot of really fast sales. They see that prices are increasing. They don't see them outpacing people's incomes. They're not in a situation where people are over leveraging themselves. All in all people feel very good about this market."

17. Wide of luxury house in the Hollywood Hills

18. Wide of kitchen dining area in house in the hills with view in background

19. Wide of kitchen area and sitting area in background

20. Wide of Beverly Hills

21. Mid house under construction in the hills

22. Set up David Kramer, Executive Vice President, Hilton and Highland

23. Wide of 9200 Swallow Drive luxury house exterior

24. Wide of living room and patio

25. Pull out from modern chandelier to dining room

26. Wide of back terrace area

27. Wide of pool

28. SOUNDBITE (English) David Kramer, Executive Vice President, Hilton and Highland:

"Before the election there was a kind of collective holding of everyone's breath. Kind of a 'we're not sure what's going to happen'. I think there was unpredictability about the future. What's going to happen with tax laws, what's going to happen internationally and as we kind of saw with the stock market, there was a collective sigh and business kind of got back to normal. If anything there was kind of a pent up demand from people not buying homes and all of a sudden we just saw this tremendous increase of volume. For example, the three months preceding the election, we had about $60 million dollars in sales, that's in four areas of the West Side, afterward we had $211 million dollars in sales."

29. Set up Grant Linscott, realtor, Keller Williams Realty

30. Exterior of house

31. Wide interior of kitchen

32. Tilt down and pan of a luxury bathroom

33. SOUNDBITE (English) Grant Linscott, realtor, Keller Williams Realty:

"People were wait and see for about a week afterwards. There was that knee jerk reaction. Now people are tired of waiting. High end buyers, I saw a 19 million dollar buyer just go into escrow very excitedly. His words. He was tired of waiting."

34. Set up Sacha Redford, The Agency, Director of the Residential Estates Division

35. Wide exterior of 1307 Sierra Alta Way in the Hollywood Hills

36. Wide exterior of back area of house

37. Wide interior of second floor

38. Pull out form sculpture to wide of living room

39. Wide of master bedroom

40. Pan from backyard view to hallway

41. Wide of man cave interior basement

42. Mid of viewing garage from inside house

43. Tilt down of exterior to viewing garage

44. SOUNDBITE (English) Sacha Redford, The Agency, Director of the Residential Estates Division:

"Well L.A. has become the trendiest most glamorous city to invest in. So we have buyers form all over the world looking to live here. With globalization and the advancement of technology, every business can operate in LA. You don't need to be in London or New York specifically if you want to do business, you can go to the beach here and then go home and do a Skype meeting from your beautiful hillside estate and so we really didn't feel an impact from the election. In fact we saw more sales between summer fall and winter then we did the previous year."

45. Pull out from the Hollywood sign

Chicago - 3 February 2017

1. Wide of Dory Rand working at her desk.

2. SOUNDBITE (ENGLISH), Dory Rand, Woodstock Institute:

"The fiduciary rule requires retirement investment advisors to put the customer's best interest first."

3. Medium of Rand at desk.

4. SOUNDBITE (ENGLISH), Dory Rand, Woodstock Institute:

"Not having a fiduciary standard is very expensive for consumers, because it allows the people selling them retirement investment vehicles to put their own interests first. And to line their pockets rather than putting the customer's best interest first."

5. Close of Rand's hands working at desk.

6. SOUNDBITE (ENGLISH), Dory Rand, Woodstock Institute:

"My biggest fear is that American workers and retirees will have less financial security if the rule is not implemented than they would have under the new rule.That means they'll have less money to pay their bills, less money to pass down to the next generation, and probably more reliance on social security and government programs than if they had more of their own money in the pockets."

6. Medium of Rand working at desk.

7. SOUNDBITE (ENGLISH), Dory Rand, Woodstock Institute:

"If we want people to have financial security and have some wealth that they can fall back on, we need to have effective retirement savings policies in this country."

8 . Medium of Rand working at desk.

9. SOUNDBITE (ENGLISH), Dory Rand, Woodstock Institute:

"If the fiduciary rule is not implemented as scheduled in April of this year, the winners are the Wall Street firms who give conflicted advice and don't put consumer's interests first. And the big losers are American workers and retirees who get ripped off to the tune of $17-billion a year."

10. Close of Rand's hands.

11. SOUNDBITE (ENGLISH), Dory Rand, Woodstock Institute:

"Consumers who are not financially sophisticated are at greatest risk, because research shows that most people believe when they ask for retirement investment advice that the people giving it to them are putting their best interests first."

12. Wide of Rand working at desk.

13. SOUNDBITE (ENGLISH), Dory Rand, Woodstock Institute:

"If your financial advisor is not a fiduciary, then that advisor is not putting your best interests first. You need to go to another advisor who is a fiduciary."

14. Wide working at desk.

15. SOUNDBITE (ENGLISH), Dory Rand, Woodstock Institute:

"A fiduciary is an investment advisor who puts the consumer's interest first and does not have a conflict of interest regarding the type of investments that the advisor is recommending."

16. Close of Rand's hands with paperwork.

President Donald Trump is taking his first steps aimed at scaling back financial services regulations, and the Republican-run Congress cast a vote early Friday signaling that it's eager to help.

The president signed an executive order that will direct the Treasury secretary to review a 2010 financial oversight law, which reshaped financial regulation after the 2008-09 financial crisis.

Trump also signed a presidential memorandum Friday that instructs the Labor Department to delay implementing the "fiduciary rule," which was aimed at blocking financial advisers from steering clients toward investments with higher commissions and fees that can eat away at retirement savings.

Dory Rand, a consumer advocate and president of the Woodstock Institute in Chicago, spoke with The Associated Press about impact on consumers.

The rule, which was set to take effect in April, will be delayed for 90 days while it's reviewed.

Critics argue the rule limits retirees' investment choices by forcing asset managers to steer them to the lowest-risk options.

Trump also signed a presidential memorandum that instructs the Labor Department to delay implementing an Obama-era rule that requires financial professionals who charge commissions to put their clients' best interests first when giving advice on retirement investments.

While the financial oversight order won't have any immediate impact, the administration's intent is clear.

Chicago - 3 February 2017

1. Wide of Dory Rand working at her desk.

2. SOUNDBITE (ENGLISH), Dory Rand, Woodstock Institute:

"The fiduciary rule requires retirement investment advisors to put the customer's best interest first."

3. Medium of Rand at desk.

4. SOUNDBITE (ENGLISH), Dory Rand, Woodstock Institute:

"Not having a fiduciary standard is very expensive for consumers, because it allows the people selling them retirement investment vehicles to put their own interests first. And to line their pockets rather than putting the customer's best interest first."

5. Close of Rand's hands working at desk.

6. SOUNDBITE (ENGLISH), Dory Rand, Woodstock Institute:

"My biggest fear is that American workers and retirees will have less financial security if the rule is not implemented than they would have under the new rule.That means they'll have less money to pay their bills, less money to pass down to the next generation, and probably more reliance on social security and government programs than if they had more of their own money in the pockets."

6. Medium of Rand working at desk.

7. SOUNDBITE (ENGLISH), Dory Rand, Woodstock Institute:

"If we want people to have financial security and have some wealth that they can fall back on, we need to have effective retirement savings policies in this country."

8 . Medium of Rand working at desk.

9. SOUNDBITE (ENGLISH), Dory Rand, Woodstock Institute:

"If the fiduciary rule is not implemented as scheduled in April of this year, the winners are the Wall Street firms who give conflicted advice and don't put consumer's interests first. And the big losers are American workers and retirees who get ripped off to the tune of $17-billion a year."

10. Close of Rand's hands.

11. SOUNDBITE (ENGLISH), Dory Rand, Woodstock Institute:

"Consumers who are not financially sophisticated are at greatest risk, because research shows that most people believe when they ask for retirement investment advice that the people giving it to them are putting their best interests first."

12. Wide of Rand working at desk.

13. SOUNDBITE (ENGLISH), Dory Rand, Woodstock Institute:

"If your financial advisor is not a fiduciary, then that advisor is not putting your best interests first. You need to go to another advisor who is a fiduciary."

14. Wide working at desk.

15. SOUNDBITE (ENGLISH), Dory Rand, Woodstock Institute:

"A fiduciary is an investment advisor who puts the consumer's interest first and does not have a conflict of interest regarding the type of investments that the advisor is recommending."

16. Close of Rand's hands with paperwork.

President Donald Trump is taking his first steps aimed at scaling back financial services regulations, and the Republican-run Congress cast a vote early Friday signaling that it's eager to help.

The president signed an executive order that will direct the Treasury secretary to review a 2010 financial oversight law, which reshaped financial regulation after the 2008-09 financial crisis.

Trump also signed a presidential memorandum Friday that instructs the Labor Department to delay implementing the "fiduciary rule," which was aimed at blocking financial advisers from steering clients toward investments with higher commissions and fees that can eat away at retirement savings.

Dory Rand, a consumer advocate and president of the Woodstock Institute in Chicago, spoke with The Associated Press about impact on consumers.

The rule, which was set to take effect in April, will be delayed for 90 days while it's reviewed.

Critics argue the rule limits retirees' investment choices by forcing asset managers to steer them to the lowest-risk options.

Trump also signed a presidential memorandum that instructs the Labor Department to delay implementing an Obama-era rule that requires financial professionals who charge commissions to put their clients' best interests first when giving advice on retirement investments.

While the financial oversight order won't have any immediate impact, the administration's intent is clear.

Automotive executives Tuesday praised President Donald Trump, after holding a morning meeting with him in the White House, for his focus on growing jobs and investment in their industry.

Speaking to reporters after, Ford Motor Co. chief executive Mark Fields also welcomed the president's decision to withdraw from the TPP (Trans Pacific Partnership) trade agreement.

"We've been very vocal, both as an industry and as a company, and we've repeatedly said that the mother of all trade barriers is currency manipulation and TPP failed in meaningfully dealing with that and we appreciate the president's courage to walk away from a bad trade deal, " Fields said.

General Motors chief executive Mary Barra said there was "a huge opportunity working together as an industry with government, " to improve job creation, safety and the environment.

Trump told his guests Tuesday at the White House that he's looking to ease regulations to help auto companies and any other businesses wishing to do business in the U.S..

Washington, D.C. - 24 January 2017

1. Pan, auto CEOs leaving White House West Wing

2. SOUNDBITE (English) Mark Fields, Ford Motor Co. chief executive:

"Well, we just had a great conversation with the president and he is very focused on policies that will grow investment and jobs here in America and American industry and of course in the automotive industry, which is what we talked about this morning. As an industry, as an automotive industry, we employ many people across America. Good paying jobs from the people that work in our factories to manufacturers that support our plants with parts, to our wonderful dealers, who are literally in every community across America who help sell and service our vehicles and we are very encouraged by the president and the economic policies that he is forwarding. And I would just call out yesterday, the president's decision to withdraw from the TPP. We've been very vocal, both as an industry and as a company, and we've repeatedly said that the mother of all trade barriers is currency manipulation and TPP failed in meaningfully dealing with that and we appreciate the president's courage to walk away from a bad trade deal. So, I think as an industry, we are excited about working together with the president and his administration on tax policies, on regulation and on trade to really create a renaissance in American manufacturing. So, maybe Mary you want to say a few words?"

3. SOUNDBITE (English) Mary Barra, General Motors chief executive:

"Just to say that, I think that ... but I think there is a huge. There is a huge opportunity working together as an industry with government that we can do and improve the environment, improve safety and improve the jobs creation and the competitiveness of manufacturing and we are looking forward to all the elements that Mark talked about in order to do that."

4. Pan, Barra, Fields and Fiat Chrysler chairman Sergio Marchionne walking away from reporters

Automotive executives Tuesday praised President Donald Trump, after holding a morning meeting with him in the White House, for his focus on growing jobs and investment in their industry.

Speaking to reporters after, Ford Motor Co. chief executive Mark Fields also welcomed the president's decision to withdraw from the TPP (Trans Pacific Partnership) trade agreement.

General Motors chief executive Mary Barra said there was "a huge opportunity working together as an industry with government, " to improve job creation, safety and the environment.

Trump told his guests Tuesday at the White House that he's looking to ease regulations to help auto companies and any other businesses wishing to do business in the US.

Washington, D.C. - 24 January 2017

1. Pan, auto CEOs leaving White House West Wing

2. SOUNDBITE (English) Mark Fields, Ford Motor Co. chief executive:

"Well, we just had a great conversation with the president and he is very focused on policies that will grow investment and jobs here in America and American industry and of course in the automotive industry, which is what we talked about this morning. As an industry, as an automotive industry, we employ many people across America. Good paying jobs from the people that work in our factories to manufacturers that support our plants with parts, to our wonderful dealers, who are literally in every community across America who help sell and service our vehicles and we are very encouraged by the president and the economic policies that he is forwarding. And I would just call out yesterday, the president's decision to withdraw from the TPP. We've been very vocal, both as an industry and as a company, and we've repeatedly said that the mother of all trade barriers is currency manipulation and TPP failed in meaningfully dealing with that and we appreciate the president's courage to walk away from a bad trade deal. So, I think as an industry, we are excited about working together with the president and his administration on tax policies, on regulation and on trade to really create a renaissance in American manufacturing. So, maybe Mary you want to say a few words?"

3. SOUNDBITE (English) Mary Barra, General Motors chief executive:

"Just to say that, I think that ... but I think there is a huge. There is a huge opportunity working together as an industry with government that we can do and improve the environment, improve safety and improve the jobs creation and the competitiveness of manufacturing and we are looking forward to all the elements that Mark talked about to be able to do that."

4. Pan, Barra, Fields and Fiat Chrysler chairman Sergio Marchionne walking away from reporters

Automotive executives Tuesday praised President Donald Trump, after holding a morning meeting with him in the White House, for his focus on growing jobs and investment in their industry.

Speaking to reporters after, Ford Motor Co. chief executive Mark Fields also welcomed the president's decision to withdraw from the TPP (Trans Pacific Partnership) trade agreement.

"We've been very vocal, both as an industry and as a company, and we've repeatedly said that the mother of all trade barriers is currency manipulation and TPP failed in meaningfully dealing with that and we appreciate the president's courage to walk away from a bad trade deal, " Fields said.

General Motors chief executive Mary Barra said there was "a huge opportunity working together as an industry with government, " to improve job creation, safety and the environment.

Trump told his guests Tuesday at the White House that he's looking to ease regulations to help auto companies and any other businesses wishing to do business in the U.S..

Washington, D.C. - 24 January 2017

1. Pan, auto CEOs leaving White House West Wing

2. SOUNDBITE (English) Mark Fields, Ford Motor Co. chief executive:

"Well, we just had a great conversation with the president and he is very focused on policies that will grow investment and jobs here in America and American industry and of course in the automotive industry, which is what we talked about this morning. As an industry, as an automotive industry, we employ many people across America. Good paying jobs from the people that work in our factories to manufacturers that support our plants with parts, to our wonderful dealers, who are literally in every community across America who help sell and service our vehicles and we are very encouraged by the president and the economic policies that he is forwarding. And I would just call out yesterday, the president's decision to withdraw from the TPP. We've been very vocal, both as an industry and as a company, and we've repeatedly said that the mother of all trade barriers is currency manipulation and TPP failed in meaningfully dealing with that and we appreciate the president's courage to walk away from a bad trade deal. So, I think as an industry, we are excited about working together with the president and his administration on tax policies, on regulation and on trade to really create a renaissance in American manufacturing. So, maybe Mary you want to say a few words?"

3. SOUNDBITE (English) Mary Barra, General Motors chief executive:

"Just to say that, I think that ... but I think there is a huge. There is a huge opportunity working together as an industry with government that we can do and improve the environment, improve safety and improve the jobs creation and the competitiveness of manufacturing and we are looking forward to all the elements that Mark talked about in order to do that."

4. Pan, Barra, Fields and Fiat Chrysler chairman Sergio Marchionne walking away from reporters

President Donald Trump moved to fill vacancies in his new administration on Thursday, selecting a Florida law school dean and former Justice Department attorney to lead the Labor Department.

A senior White House official said that Trump planned to announce that R. Alexander Acosta, the dean of the Florida International University law school and a former member of the National Labor Relations Board, would be his nominee for Labor secretary.

Acosta was a long serving Justice Department attorney in Miami, Florida.

If confirmed as labor secretary, R. Alexander Acosta would be first Hispanic member of Trump's Cabinet.

Acosta was chosen a day after fast-food executive Andrew Puzder withdrew his nomination for labor after losing support among Republican senators.

Puzder pulled out after it was revealed that he once employed a housekeeper who was not authorized to work in the U.S.

Washington 6 December 2006

1. Wide - Alexander Acosta and legal team enter briefing room

2. SOUNDBITE: (English) Alexander Acosta, US Attorney for Miami:

"As alleged in the indictment Charles Taylor Junior and his co-conspirator engaged in acts of torture that included pouring scalding water on the victim's hands and the victim's body, applying a hot iron to the victim's flesh, in several locations, causing the skin to burn and to scar and by applying electric shocks to the victim's genitalia and to other sensitive parts of the victim's body. Acts such as these constitute torture. They are criminal, they are heinous and they must be prosecuted."

AP TELEVISION - AP CLIENTS ONLY

Miami 10 October 2007

3. (+++ MUTE +++)Profile of Acosta at podium

4. SOUNDBITE: (English)

"We have not witnesses. The crime took place on a ship isolated in the middle of the ocean. Yet we have strong historical, forensic and circumstantial evidence that not only justifies but requires that we proceed with a murder complaint."

(END ON SOUNDBITE)

Seeking to bridge deep Democratic divides, Bernie Sanders robustly embraced his former rival Hillary Clinton Monday night as a champion for the same economic causes that enlivened his supporters, signaling it was time for them, too, to rally behind her in the campaign against Republican Donald Trump.

Sanders joined a high-wattage lineup of speakers, including first lady Michelle Obama who made a forceful, impassioned case for the Democratic nominee. Mrs. Obama's address all but wiped away earlier tumult in the convention hall that had exposed lingering tensions between Clinton and Sanders supporters.

While Sanders had endorsed Clinton previously, his remarks Monday marked his most vigorous and detailed praise of her qualifications for the presidency. It came at a crucial moment for Clinton's campaign, on the heels of leaked emails suggesting the party had favored the former secretary of state through the primaries despite a vow of neutrality.

Behind the scenes, Sanders and Clinton aides joined forces to try to ease tensions. Clinton's campaign quickly added more Sanders' supporters to the speakers lineup. Sanders sent urgent messages to supporters asking them not to protest.

By the time Sanders took the stage for the night's closing address, much of the anger had been overshadowed by speeches promoting party unity. Sanders did his part, imploring his supporters to consider a country under Trump's leadership.

Moments of disunity could still surface, including when former President Bill Clinton addresses the convention on Wednesday night. The former President remains very popular within the party, but some of his policies do not. This includes the legislation he signed to remove regulations on banks that separated commercial banking from investment banking. The regulations had been in place since 1932, when they were included in the a law called Glass-Steagall, named for two Senators of that time who sponsored it. Many have blamed the deregulation for the financial crisis of 2008.

Seeking to bridge deep Democratic divides, Bernie Sanders robustly embraced his former rival Hillary Clinton Monday night as a champion for the same economic causes that enlivened his supporters, signaling it was time for them, too, to rally behind her in the campaign against Republican Donald Trump.

Sanders joined a high-wattage lineup of speakers, including first lady Michelle Obama who made a forceful, impassioned case for the Democratic nominee. Mrs. Obama's address all but wiped away earlier tumult in the convention hall that had exposed lingering tensions between Clinton and Sanders supporters.

While Sanders had endorsed Clinton previously, his remarks Monday marked his most vigorous and detailed praise of her qualifications for the presidency. It came at a crucial moment for Clinton's campaign, on the heels of leaked emails suggesting the party had favored the former secretary of state through the primaries despite a vow of neutrality.

Behind the scenes, Sanders and Clinton aides joined forces to try to ease tensions. Clinton's campaign quickly added more Sanders' supporters to the speakers lineup. Sanders sent urgent messages to supporters asking them not to protest.

By the time Sanders took the stage for the night's closing address, much of the anger had been overshadowed by speeches promoting party unity. Sanders did his part, imploring his supporters to consider a country under Trump's leadership.

Moments of disunity could still surface, including when former President Bill Clinton addresses the convention on Wednesday night. The former President remains very popular within the party, but some of his policies do not. This includes the legislation he signed to remove regulations on banks that separated commercial banking from investment banking. The regulations had been in place since 1932, when they were included in the a law called Glass-Steagall, named for two Senators of that time who sponsored it. Many have blamed the deregulation for the financial crisis of 2008.

Philadelphia, Pennsylvania - 25 July, 2016

1. SOUNDBITE (English) Lisa Lerer, Associated Press

"Well certainly the last couple of days here have been quite contentious. It wasn't quite the show of unity that Hillary Clinton's campaign and her supporters had been hoping for. But her campaign and the convention planners were able to release some of that tension by giving Bernie Sanders and his backers a lot of airtime tonight. They added Sanders supporters onto the schedule. So what you wound up having here for the first night of the convention was a series of former Sandres backers who got up and explained why they were now supporting Hillary Clinton."

++BLACK BETWEEN SOTS++

2. SOUNDBITE (English) Lisa Lerer, Associated Press

"And why Sanders supporters out in the country should do the same. That group included high profile celebrities like comedian Sarah Silverman."

++BLACK BETWEEN SOTS++

3. SOUNDBITE (English) Lisa Lerer, Associated Press

"And of course Bernie Sanders himself who ended the evening and got that coveted prime time address at the end of the night. He talked about all the reasons that he was backing Hillary Clinton."

++BLACK BETWEEN SOTS++

4. SOUNDBITE (English) Lisa Lerer, Associated Press

"I think it's really important to remember that conventions do not reflect electoral results. Right? So what we've seen in all the polling is somewhere around 80 percent of Sanders supporters now say they're going to back Hillary Clinton. That's actually a far higher percentage than of Clinton supporters that said they would back then Illinois Senator Barack Obama eight years ago."

++BLACK BETWEEN SOTS++

5. SOUNDBITE (English) Lisa Lerer, Associated Press

"Most Sanders supporters are going to go behind Hillary Clinton, or at least that's what they're saying in polls."

++BLACK BETWEEN SOTS++

6. SOUNDBITE (English) Lisa Lerer, Associated Press

"Well it's a series of high profile speakers to come tomorrow night. Of course is former President Bill Clinton. That will be a particularly interesting speech because while he remains a pretty popular figure within the Democratic party, much of what his administration did, some things like deregulating Wall Street with Glass-Steagall, the crime bill which some people said led to an era of mass incarceration, Don't Ask Don't Tell, those achievements are now pretty reviled by many in the party, particularly these Sanders supporters who have been so vocal in their opposition to Hillary Clinton."

++BLACK BETWEEN SOTS++

7. SOUNDBITE (English) Lisa Lerer, Associated Press

"On Wednesday of course we'll have Vice President Biden, Vice Presidential candidate Tim Kaine, of course this will be his first opportunity to introduce himself to a large national audience. And President Obama who's supposed to come out pretty strong and play the role of a convert, someone who was of course was against Hillary Clinton and has been won over by her experience and her tenacity and all these things that her campaign is hoping to promote and to create as her image these four nights. And then on Thursday of course we have Chelsea Clinton introducing Hillary Clinton herself."

++BLACK BETWEEN SOTS++

8. SOUNDBITE (English) Lisa Lerer, Associated Press

"Some of this may linger into tomorrow and Wednesday. I think ousting Debbie Wasserman Schultz will help a lot with these kinds of frustrations. You know, people want to see heads roll hers was a head that a lot of people both in the Obama administration and in the Clinton campaign wanted to roll for quite a long time."

Just hours after an appeals court blocked an attempt to re-impose the US travel ban on Sunday, Iranian researcher Nima Enayati checked in on an Emirates Airline flight direct from Milan's Malpensa airport to New York's JFK.

Enayati said the check-in went smoothly, despite all the recent confusion and uncertainty.

He was prevented from boarding a Turkish Airlines flight to the United States last Monday after the travel ban went into place.

Enayati received a visa to conduct research at Stanford University's CHARMLAB on robotic surgery as part of his PhD at the Milan's Polytechnic University, where he has been studying for the last six years.

Unlike others whose travel plans were disrupted by the ban, Enayati's life wasn't thrown into complete disarray as he was able to resume work at his Milan laboratory and the university helped find him housing.

Enayati is reasonably confident that his entry into the United States will go smoothly, despite the recent flip flops, saying he read that the Trump administration is going to try again to reinstate the ban, but not until Monday.

He received his bachelor's degree in mechanical engineering in Tehran, and a master's degree from Milan Polytechnic, where he is working on his PhD.

Enayati started calling airlines on Saturday as soon as he heard a court had blocked the ban, looking for the quickest, most direct flight to anywhere in the United States.

Malpensa airport, Milan - 5 February 2017

1. Various of Nima Enayati at Malpensa airport

2. SOUNDBITE: (English) Nima Enayati, PHD student at Polytechnic University of Milan:

"I had been waiting for the visa for a long time. That already took a lot of energy and it was very emotional for me. However these last weeks, waiting, watching the news, and one day thinking that you may go, another day thinking that you're not able to go. It was really difficult and stressful. But now at least that I've done the check in I am really hopeful that I finally get there. This is something that I've been working for for a long time and I've been really excited about it so I really hope that it's gonna happen."

3. Various of Enayati entering airport

4. SOUNDBITE: (English) Nima Enayati, PHD student at Polytechnic University of Milan:

"Well since I just wanted to find the fastest way to get there, it was this flight to New York. And I thought, well I get there and then I figure out what I'm going to do next. I actually stop by New York for a couple days since it might be the last time I am able to visit there in the recent years, we never know."

5. Tilt up from ticket to Enayati

6. Mid of Nima Enayati in airport

7. SOUNDBITE: (English) Nima Enayati, PHD student at Polytechnic University of Milan:

"Well my highest hope would be to see a day that there is no limitations at least on travels, so we can at least move around, have

a cooperation with other people around the world. Without worrying whether we would be allowed to board on a plane or whether we would be allowed into the country. I think it's actually kind of funny that that's become a dream but right now that's what I hope for."

8. Various Enayati looking at departure board