It is my responsibility. It is myjob. I do not regret negotiating. Our government is designed to find compromise. I dont regret my efforts to build coalitions and find solutions. I was raised to solve problems, not create them. The ousting of the speaker follows months of fractures and in fighting in the republican party. This was brought to a head over the weekend when Kevin Mccarthy secured a funding deal with the democrats to avoid a Us Government shutdown. That deal was highly criticsed by hardline members of the party including matt gaetz, who Accused Mccarthy of doing a side deal with democrats over funding for ukraine. The house is now in recess until a vote on his replacement takes place next week. Republicanjim jordan of ohio has already thrown his name into the ring for the position of leader, as has House Majority leader steve scalise, with more names expected in the next few days. Meanwhile, the Interim Speaker has ordered former House Speaker nancy pelosi and her deputy to
House of representatives is hereby declared vacant. The maga congress fires their own speaker. Who own our leadership, who all you want tonight, the painful and of Kevin Mccarthys speakership, the historic dysfunction in the peoples house and the republican rage at the monster that they created. Hes either a fool or a liar. Have you spoken to President Trump about this . I have. Then, more history in a new york courtroom. Consider this a gag order on all parties with respect to posting or publicly speaking about any member of my staff. The disgraced ex president already found liable for decades of fraud, now sanctioned for attacking courtroom staff. All that plus senator Elizabeth Warren and author Michael Lewis on his new book of The Rise And Fall of Sam Bankmanfried. When all in starts right now. Good evening from new york, i am chris hayes. Tonight, for the very first time in the nations history, the Speaker Of The House has been fired, and the office has been left vacant. It is fak
They say there is no case here. But we have a corrupt Attorney General that tried to make a case. Thank you very much. [indiscernible] mr. President , do you believe in karma . John the president walks away after speaking to cameras outside the courtroom there in manhattan, the former president insisting its a witch hunt, he did nothing wrong, that maralago was undervalued by the judge, which a lot of people would say at 18 million hes got a case to say that it was undervalued. This is going to go on for a long time. We may be hearing from the former president a lot in the days and weeks ahead. Gillian you heard him sort of tripling down, same Talking Points over the same strategy, messaging over the last two days as well, reiterating his claim maralago should be valued at closer to 1. 5 billion. John and adding the new wrinkle some republicans are floating his name for Speaker Of The House. Something well get into a little later on. Gillian i would not wish on my worst enemy. That the
Haidi welcome to daybreak australia. Im haidi stroudwatts in sydney. Annabelle im Annabelle Droulers in hong kong counted down the ages major market opens. Shery im shery ahn. Ourstories this hour. Market gets a reprieve as fresh data has back bets on another rate hike this year. Tech stocks and treasuries are rallying. The dollar is weaker. In the Sam Bankmanfried trial, prosecutors say the ftx cofounder is a calculated criminal that lied of the world. U. S. Futures coming online in the Asian Session under a little pressure after we saw ux u. S. Stocks gaining ground and the s p 500 finishing around session highs. The nasdaq 100 outperforming gaming 1. 5 in the new york session. Perhaps, not surprising given we saw treasury yields back down with a rebound rebound in the bond market with a 10 year yield headed towards 470. We had dated today coming in weaker than expected. The adp private payrolls numbers added the fewest number of jobs since 2021. So perhaps, thats a little sign of a
Going from potentially janet yellen all the way to raphael bostic. What that translates to is some pressure. The european open. U. S. Futures as well. No green on the screen. Its a worrisome market right now. A lot of people repricing some of the cross asset reaction. We are seeing a lot of moves in the treasury space. The 10r yield higheb three basis points. All a function of what you are seeing further out i te curve. U. S. 30 year yield. Almtat that 5 level. We will no doubt abo hat but thats what you need to know. The lack of plumbinility there seems to be i shoud say we see continued strength. Now you are seeing a pullback in the mexican peso. You will s to see a lot of the rik ppetite diminishing around the wl. Em currencies are the first to get hit, creating aeling tailwind for the dollar. The super peso conversation wevebeen hearing. Brent crude, lack of Risk Appetite right now. Brent true trading in line with what you are seeing across the board. Thats your cross asset equitie