The adoption of the constitution on september 17. Sadly, on that date the Intelligence Community Inspector General formally notified the congress that the administration was forbidding him from turning over a whistleblower complaint. This is a violation of law. Shortly thereafter press reports began to break of a phone call by the president of the United States calling upon a foreign power to intervene in his election. This is a breach of his constitutional responsibility. The facts are these. The Intelligence Community Inspector General who is appointed by President Trump determined that the complaint is of urgent concern and credible. Its disclosure went on to say it relates to one of the most significant and important director of National Intelligence responsibility to the American People. On thursday the Inspector General testified before the House Intelligence Committee stating that the acting director of National Intelligence fought him from disclosing the whistleblower complaint
Expected, the question is how much. And bigtech in the cross hairs, Senate Committee holding antitrust hearing today. Companies expected to face tough questions from both sides, plus, President Trump ripping the New York Times once again, a lot to go at today including more problems for wework and half billion dollar deal to bring seinfeld to netflix, Varney Company begins right now. David day 2 of gm strike, Kristina Partsinevelos from picket line in arlington, texas, what are you hearing about the status of the negotiations . Well, right now its been pretty tense, went into the evening, im at the arlington plant over here, over 4,000 workers are focused primarily on larger vehicles, suvs, chevy tahoe, for example, the issue, a lot of Sticking Points, the one we were told by source that issue mexico, Union Workers that want the production to come back to the United States, more Jobs Available for workers and several talking points i guess you should say the laundry list of items that
Points, too. The nasdaq, 2. 7 from its high. It will open today again, on the upside maybe 30 points. New trade figures suggest chinas hurting badly from the trade fight and weekend disturbances in hong kong suggests xi jinping still has a problem in his backyard. All of that suggests President Trump has a strong hand to play in the china trade fight. Quick look at Interest Rates. Another positive for stocks, maybe. The yield on treasuries no longer inverted and rates have at least for now stopped their plunge. Look at that. The tenyear almost at 1. 60. Troubling developments for the vaping business. The cdc now reports five deaths related to vaping, and its recommending that people stop doing it while they investigate the safety. Heres the question. Regardless of what you put into a vaping device, does the act of putting any vapor into your lungs cause harm . Big deal for the vaping business. Weve got news on at t, news on apple, amazon is hiring big, and what would you do if you woke
The largest federation of unions in america says his workers trade tariffs . Theres 50,000 factories arent feeling the effects of a that have been closed and more strong economy. Than 1 Million People have lost what this could mean for the their jobs because of chinas 2020 election, hi, everybody this is bulls bears thanks for predatory trade policies over joining us im david asman. The last 30 years, so now youre joining me on the panel today, Jonathan Hoenig, christina crying crocodile tears over 250 partsinevelos, John Layfield and steelworkers. I didnt hear you say a word jackie deangeles. About the millions of people that had their lives destroyed before that. Curtis i dont think thats so here is the head of the afl c quite fair. Io telling fox news why i dont think you watch the show unions are not backing trumps enough to know what jonathan has 2020 Reelection Campaign just said so thats not a fair yet, listen. Statement, sir but i do want to ask you furthermore for what our mem
Heres the jargon, the yield curve inversion. This is fed day and a very big day. In advance of the official word on rates, stocks have been all over the place this morning, up and down, moment to moment. Right now we are looking like a loss of maybe 112 points for the dow and down 45 on the nasdaq. This is whats hitting the market, china. China says it will impose 5 to 10 tariffs on 75 billion worth of u. S. Goods. That is obviously a negative for china trade. Its escalation and therefore, bad for the market. Elsewhere, later today, the president leaves for france for the g7 summit. Interest rates and trade will surely come up there. They are gearing up for more big protests in hong kong. Were on it. And just wait until you hear what larry kudlow says about tax cuts. Lets get going. Varney company is about to begin. Weve negotiated with them, weve tried to move the football. They have backed away and we have taken measures through all of that time, weve had a very strong economy, weve