[inaudible conversations] come to order. Without objection the chair is authorized to declare a re cess for the committee at anytime. Entitled bureaucratic overreach for Consumer Protection. Examining the cfpbs latest action to restrict composition in the payments. Without objection all members have five legislative days to submit extraneous materials for inclusion in the record. I want to recognize myself for five minutes to give a opening statement. Todays hearing, bureaucratic overreach or Consumer Protection examining the cfpbs latest action to restrict competition in payments in my view is critical because its going to talk about this large participants in of Digital Consumer payment applications market. This is the sixth lpr that the cfpb has initiated. And putting aside the egregiously short Comment Period which frustrates both members of this committee, the deeply flawed cost benefit analysis which are both have become hallmarks of this administration i find the substance of pr
Hawaiis lahaina are allowed to briefly return to the town that wildfires virtually wiped out. The u. S. Attorney leading the Hunter Biden Probe has now been given Special Counsel authority, what that could mean for the president s son and the president s reelection campaign. Let me explain, please. We are no longer friends. It just got real. Adam sandler casts his real life family in his latest comedy on netflix. Live from cnn center, this is cnn newsroom. Theres word of yet another evacuation on maui. The Police Department says there is a fire in west maui and residents in the kaapali area are currently being evacuated. Were told the area was untouched by the initial wildfire. That comes as a search for survivors is taking a bleak turn. Days after devastating wildfires tore through parts of the island, countless people remain unaccounted for. Cadaver dogs are sifting through the charred remains of homes and buildings and although the number of people confirmed dead stands at a grim 67
Pulling a 2 workweek and destroys what america is founded on. I see this being the country for President Trump. Weve been in the game long enough and realize when you put on your stocking, the government will say theyll give you or some company will give you, youll be fine at the end of the day. Why are we allowing the Chinese Communist party to have access to a network with 170 million americans to push the propaganda. This judge in georgia seems the most fair. Compare that to new york. Theres no fairness coming out of the court system here. Stuart yes, were playing irish music today, irish drinking song and its st. Patricks day on sunday, march 17th. Its 11 00 right now here on the east coast. Friday, march 15th and its the ides of hayes when julius cesar was murdered. Not that big of a move to the southland. Big tech all over the place. All of them are down, me taxer amazon, app fade pattern pet, apple and apple, microsoft and alphabet all down. 431 is the yield on the 10 inform rea
Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, karen finerman, dan nathan, and guy adami. We begin with what might be a sign that the air is coming out of what have been some of the years most popular trades. Lilly and nvidia boasting big drops today. Nvidia has now fallen nearly 12 from the record high hit friday morning. Japans nikkei nosediving, falling to its lowest in over two weeks. Even the red hot industrials trending lower. Meantime, recent laggards catching a bit of a bid today, with alphabet and apple notching gains. So, have markets lost faith in this years high flyers . Is this the start of a rotation which some might call healthy at this point, guy. Could be. And tim has correctly pointed out that as the semis go, the markets going to go. Lets try to drill down there quickly. Nvidia, on friday, massive reversal, we talked about it on the show. Traded two timesish, 2 1 2 times normal volume. Huge rotation lower. 230 billion
You know what its like. You have twins. Werent they born on the same day . They happened to be born on the same day. I think you mentioned that. You have to gear up for that stuff. You can see right now, a mixed picture for the futures. It looks like the dow futures are up by 26. The dow was up yesterday by 236 points yesterday. The s p was up by more than 1 . It closed at its 17th recordhigh of 2024. Again, it ooh is only march 13 ft. So thats pretty rapid success for all of those new highs. The nasdaq was up by 1. 5 . It reversed two days of declines. This came after the cpi number was a little hotter than anticipated. All in all people looked at it saying housing inflation was coming down to some extent and it with was good news. If you took out treasury yields, they were higher. They jumped on the cpi. The 2 yeee2years at 2. 6 . Alaskan airlines is confirming the plane that lost the door plug was actually scheduled to under go maintenance later that night. I roy. To get straight to