So, he trusted them too much, it turned out. Sunday night at 8 00 eastern on cspans q a. Next, economic scholars and banking experts discuss Monetary Policy and the impact of past Federal Reserve actions on small and large Financial Institutions. This was held by the American Enterprise institute. Its about an hour and 45 minutes. Good morning and welcome to the American Enterprise institute. This morning we have a very interesting policy session entitled how has a decade of extreme Monetary Policy changed the Banking System . Weve assembled a panel of experts, who well introduce you to in a minute. But before that, let me just set the stage here. As you all know, the financial crisis changed the Banking System. The resolutions that happened in the crisis integrated commercial and Investment Banking like never before. These resolutions created todays too big to fail institutions. The crisis led to greatly expanded fed emergency liquidity support. The fed became the lender of first reso
Our billion dollar buyer, tillman furtita, notching his first win as the owner of the rockets on Opening Night for the nba. He did it in thrilling style the former commissioner, david stern, will join us. The anthem protest Team Valuations and much more this slamdunk addition of power lunch begins right now there is nothing wrong with the slamdunk addition if i could do it, i would do it all the time i am brian sullivan. Nobody is feeling blue about these markets. Your money is now just 3. 5 away from dows 24,000. You can thank ibm, big blue adding about 80 points to the dow on one of its best days in decades. We will dig into ibms big quarter. The ipo of the day is a chinabased micro lending company. Nothing micro about its gains. It is soaring in its debut allergan all on the move anthem rallied to help ensure creating a new pharmacy benefits unit michelle im michelle carusocabrera. Here is what else is happening rising sea levels are threatening nearly 1 trill worth of u. S. Homes,
It is so nice to see it feels nice in the sunshine. Jims just a beacon of light. Halleluiah. Isnt there a song title there. You are the light up my life. Shes singing already. 4 31. I can start singing whenever i want. We have bright sunshine expect yet again today another Beautiful Day coming up here with High Pressure in control and still looks like this pattern will hold out, if you look really closely you can see these speckles of green on the radar. Do not worry about that. Sometimes they show that are not precipitation and that is what this is. Little bit of ground clutter, we will not find any issues today. Nothing but full sunshine is the spectation. Heres other piece of good news, forgo winter coat, in this case here and break out more light fall jacket. We are at 53 in the airport. Fortys every where else, and so it is still cool, granted just not as chilly as last few mornings have been and we will expect to rebound further in full sunshine low to mid 70s from the shore to t
Hitting the stock, costcutting, threat of dividend being cut. We have everything you need to go going into the report plus full coverage and also of the Conference Call, we will bring you that as soon as it hits the tape. Coming up, plus broader markets this morning looked like this, futures indicating another rally higher after last nights budget vote, this market will not quit, up 100 points at the open is what we are expecting this morning. In europe gains across the board as well. Take a look at major indices in europe, ftse up a third of a percent. In asia, overnight, markets taking a cue from the u. S. , higher, shanghai in china up, hang seng up better than 1 . New concern for flyers to report, faa warning that laptops and checked bags can cause explosion and calling on airlines for ban of laptops and the ratings are in. Consume ir report out with most reliable cars, only one brand cracking the top 10, thats buick, we will tell you who top it is list coming up. Plus victory for
Promise, tax reform. With budget plans passed in both the house and senate, now the path is clear to get a deal done. Earlier i sat down with the president at the white house for an exclusive oneonone interview. I asked him where tax reform stands today. Mr. President , thank you very much for sitting down with me today. Thank you. Here we are in the week that the Dow Jones Industrial average just hit 23,000, 5 1 3 trillion dollars of market value created since your election. Largely because of this anticipation and hope that your policies will get implemented. Tell us where we stand on the tax plan right now. Were doing very well. We will we had a fantastic vote as you know, and budget is indirectly passed. Now, it is going to go through a little bit of an iteration but it will end up doing very well. I think we are going to get our taxes. I think it is going to be hopefully before the end of the year but maybe much sooner than that. Theres great spirit for it. People want to see it.