ridiculous. some critics say it s inappropriate for the president to talk about the fed because it s supposed to be independent. the white house says the president is simply giving an they are expected to raise rates in september. when a raise them they said because of the economy and labor market are strong. jon: ellison barber in washington. thank you. for more on the economy, let s bring in - - is the global economics editor for the wall street journal. thanks for being here on a sunday night. larry kudlow says nothing to worry about. stay calm. is he right? well, i would say he is and he isn t. in terms of nothing to worry about, stay calm. i think what we saw last month, last week in the market was a pullback. i wouldn t call it a plunge or a crash or anything like that. 500 points in a market that that 25,000 is much different than 500 points in a market that s at 5000. a relatively small percentage. nothing to worry about? well, there are things we have to be cautious about. t
it is being investigated. it is being looked at very very strongly. we would be very upset and angry if that were the case. as of this moment, they deny it and deny it vehemently. could it be them? yes. democrats and republicans on capitol hill say if the saudi government is behind khashoggi s disappearance or death, the u.s. needs to act swiftly. a bipartisan group of senators sent a letter to the president earlier this week, the letter triggered the investigation here in the u.s. and urged the administration to impose sanctions on anyone found responsible for khashoggi s disappearance. a big saudi investor conference in riyadh this month. the u.s. treasury secretary is set to attend but now that seems to be up in the air with the secretary of state saying this afternoon that it is something they will look at this week. jon? jon: ellison barber in washington, thank you. for more on this developing story, let s bring in ambassador robert jordan, former u.s. ambassador to saudi arab
probably be able to find out. it is being investigated. it is being looked at very very strongly. we would be very upset and angry if that were the case. as of this moment, they deny it and deny it vehemently. could it be them? yes. democrats and republicans on capitol hill say if the saudi government is behind khashoggi s disappearance or death, the u.s. needs to act swiftly. a bipartisan group of senators sent a letter to the president earlier this week, the letter triggered the investigation here in the u.s. and urged the administration to impose sanctions on anyone found responsible for khashoggi s disappearance. a big saudi investor conference in riyadh this month. the u.s. treasury secretary is set to attend but now that seems to be up in the air with the secretary of state saying this afternoon that it is something they will look at this week. jon? jon: ellison barber in washington, thank you. for more on this developing story, let s bring in ambassador robert jordan, former
associates of roger stone, a long time trump ally, andrew miller, a stone associate was held in contempt of court after refusing to testify before a grand jury. miller was miller and his legal team pushed back on a subpoena from the special counsel s office, but miller was ordered to appear in court on friday. he chose not to show up, though, his attorneys say he did appear by speakerphone. we ll go to the court of appeals here in the district of columbia and then after that, if we lose, we ll go to the supreme court. if we win, the government will take to it the supreme court. the supreme court will have the last word on this. miller s attorney there says they asked the judge to hold their client in contempt in order to appeal the decision to a higher court and challenge the constitutionality of the special counsel. jon? jon: ellison barber in washington for us, thank you. for more on this, let s bring back news desk reporter for axios. so this robert mueller investigation has
sanctions on iran. this anti-ship missile was launched dur iranian naval drills. the test-firing happened within iranian waters. iran has confirmed it has been holding military exercises in that area over the past few days. it says these war games are intended to prepare for what it describes as possible threats. there was nothing to suggest the missile test was unusual within the context of these exercises, but just similar to those iran has held in the past. but it does raise questions about whether this was designed as a message perhaps to the u.s. iran is of course angered about the u.s. government s decision to pull out of the iran deal which was agreed in 2015 and limits iran s nuclear activities. the government in tehran is also unhappy that washington decided to reimpose stiff economic sanctions earlier this week. and while u.s. iranian relations appear to continue to