At 10 30, department of energy releases numbers for crude Oil Inventory and then more fed. Later in the afternoon, minneapolis fed president will answer questions. To round up a day, the u. S. Treasury will auction 10year note and that is coming up today. Jonathan we will be keeping an eye on this as the ecb president mario draghi addressing the Dutch Parliament. We will bring comments. Later, the headlines. David President Donald Trump late yesterday shocked just about everybody went abruptly fired fbi director james comey. We want to bring in reporters stock Marty Schenker bring in reporters, Marty Schenker and Kevin Cirilli. Kevin, tell us what happened and to anyone expected this . Kevin no one expected this. I spoke to republican political advisers to the president and senior aides and all of the pointing to the notion this decision to fire director call me will lead to some more confusion that any Political Capital that the administration had hoped to seize upon passing Health Ca
Solid ground. Vonnie lets get back to the storm and controversy over trumps abrupt firing of james comey. Mike pence just telling reporters the firing was the right decision at the right time. We also follow swift reaction from both sides of the aisle. Absolutely laughable. Fails to pass any smell test. Both parties, at different times, have called for the mr. Comey. F this is not watergate. No one is happy with this performance. I think it is time to take a new direction at the fbi. The timing raises some questions. Because of the interference by the russians in our election. The idea that you take the person with every other spots ability, including the budget of the department, and somehow it all falls apart, that is not how organizations work. I do not believe the system has been compromised, but i believe at different times at different reasons, people ask for a new fbi director. Now they will get one. There needs to be a special, independent prosecutor who can be insulated and pr
Axa announces plans to float a Minority Stake in its u. S. Operations, as the french insurer reports First Quarter revenue shy of analyst estimates. Ings First Quarter underlying pretax results exceed expectations, but the companys cfo tells this program demand is still soft. Demand is still quite low. So you have to work really hard in order to get your lending volume in. Thats why we are so flash and happy with the 5. 7 billion. Good morning. Glad youre with us on wednesday. We have a lot to get through. Lets kick things off. A Stunning Development in washington. President trump has fired fbi director james comey who had been conducting an investigation into possible connections between trumps president ial campaign and russia. According to a white house statement, trump acted on recommendations from Deputy Attorney general rosenstein and jeff sessions. Bot richard burr the republican senator leading the Senate Investigator into the possible russian ties said he is troubled by the ti
Washington with a lot more. We are less than 24 hours into this stunning news of President Trump firing james comey, the fbi director, who is leading an investigation of the Trump Campaign and Trump Associates over ties with russia, which, of course, interfered with our election. We saw just a few minutes ago that the two leaders in the senate, republican Mitch Mcconnell and democrat, shuchuc schumer took their roles. What we have now is our democratic colleagues complaining about the removal of an fbi director, whom they themselves repeatedly and sharply criticized. That removal being done by a man, rod rosenstein, who they repeatedly and continually praised. Chuck schumer, the minority leader, had a different view, as you would expect. I will be requesting that the majority leader call a closed, and in necessary, all senators briefing with the attorney general and Deputy Attorney general separately at which they can be asked questions. But beneath those two familiar roles, we are see
Interest rates do remain unchanged. The vote on that. The gilt purchase is 80. The bank of england keeps key Interest Rate unchanged. The vote was 71. The vote on Interest Rate, 71. Thathan the idea is growth hasnt turned lower in the way that they anticipated and inflation continues to grind higher. It is starting to become more open to the argument that she has put forth . Guy i think you can deduce that from the line talking about tighter policies. The markets, because it has an assessment that the bank will look through this inflation because it is transitory and linked to the currency, maybe it doesnt hold water . Maybe if they are concerned about the secondround effects . That it will have an impact on the wage story . And it could have an impact elsewhere because of that. So the implication seems to be that yes, the argument does seem to hold some water at the moment. The bank has not decided to step onto the other side of the debate. It is interesting at this point but clearly,