Strengthening into a category 2 storm. Well hear from the chief hurricane spags from noaa with the very latest on the mega storms coming up. But lets start with various stories that investors are paying close attention to. President trumps comments on the debt ceiling, the future of the fed, tax reform. Eamon javers still there at the white house and Steve Liesman has a look at gary cohms future and ylan mui has been monitoring the opposition thats growing to tax reform eamon, let start with you. I know they will kick you in that room. Whats the story just saw the press conferenced, very international focused press conference you saw the two leaders talking about the dispute between the israelis and palestinians, the dispute between qatar and the rest of the Gulf Community and dispute between north korea an rest of the world. The president expressing some cautious optimism about all of those disputes being resolved at some point in the future but no real specific tangible signs of prog
The transports to record highs again today. Plus the grocery wars are heating up again. This time walmart is making a newing a b decision to go after amaz amazon very interesting a lot of people in new york city are very excited about it. Well explain coming up in a little bit. Good for brooklyn. We start with our top story right now, executives from two scandalridden companies have been meeting facetoface with lawmakers on capitol hill today. Cnbc cnbcs wilfred frost has the highlights of the wells fargo hearing, about millions of unauthorized accounts opened by that company and aditi roy has the latest on the exequifaxs ceo, the attack that compromised the data after more than 145 million milliamericans. Aditi, start us off. Reporter former equifax ceo Richard Smith was grilled for close to three hours by about two dozen lawmakers. As he headed out of the hearing, i asked him about the breach he remained tight lipped eped a walked past our cameras. Gave an eight page remark before he
When you looked at what was going on and really did feel like if it were possible, we had reached yet another new low in the trump presidency. Battles over gold star wives and families and the back and forth, just extraordinarily ugly, but it was good to see george w. Bush striking out against casual cruelty, saying White Supremacy was blasphemy against the american creed, balk obama speak physical terms of unison and fought demonizing the other side. As the repiepder that even in president s that many of us saw deeply flawed on policy issues in many ways, that they still had their countrys best interests first and they still tried to figure out a way in the end to bind us altogether. So the timing was important, but i must say, the continued political battle over a president s phone call to a grieving widow and what we saw from the white house and what we saw from Democratic Congress woman just had most people that i was talking to saying enough. Enough. Its time to move on. Yeah. Wel