Ranking member of the Financial Services committee, Maxine Waters, another member of the committee, mr. Brad sherman of california, and congressman gonzales from texas, a new member of the committee. As some of you may recall, on the night of thursday, september 18, 2008, chairman of the fed ben bernanke said that unless we act immediately, we will not have an economy by monday. This was thursday night. The unchecked recklessness of wall street created the worst economic catastrophe in america since the great depression. Millions of americans lost their jobs, their homes, their savings. Many families and communities still bear the scars. The president wants to take us right back to that crisis. Instead of fighting for hardworking families as he promised in the campaign, the president and his billionaire cabinet have abandoned main street to enable wall streets corrosive profiteering of the banks on the back of hardworking americans. This administration has unleashed a wall street first
Rivalry breaking out on twitter between wendys and mcdonalds, and its getting ugly, folks, details what it means for the stocks coming up, but lets begin with the action in washington. Ylan and john harwood in d. C. With the story. You have executive orders on trade. Reporter thats right. We expect the president to sign executive orders if just about half hour here, and both of them are geared at with what the administration believes to be trade abuses. First one reviews the relationship with every country in which we have a trade deficit. China is a a big one, but that excludes countries, and second executive order strengthens the ability to collect fines already imposed on countries that dump products in our markets. Wilbur ross will be at the signing ceremony. He was on earlier today saying measures are needed because america is already in a trade war. Today meeting with manufacturerings, President Trump said the u. S. Got a bad deal. The field has not been a level field, jobs have
Bit of a bounce. Not much. Were not going down. Trend aint your friend. Its been a downside. Look, target, it was. Reporter 225. Right. So i mean, that obviously isnt good for the banks. I think the fundamental story still stands strong for many of the banks, but obviously, this is one of the pieces that theyd like to they would love if this thing started to move and we had a 26. I dont know that were going to see it, scott, but theyll survive and theyll do just fine even in the environment right now. Yeah, if you look, joe, in the pags month, venture down 5 . They are. How does the trend reverse if rates continue go down . As some suggest if that trend continues, the whole market is going to fall part. I respectfully disagree been its more how does it go back. Lets talk about bank of america. 17 in november, 25, 50 at its high point, somewhere around there, 23. 50 today. Folks are talking about the move in bank of america being over. The financials are trading at the upper end they do
Trumps campaign taking a vastly new direction, thiel is still in. Yeah, its also a bit puzzling. Its pretty late to give this amount of money, and it seems like, you know, the polls are bad for trump, so its strange that hes giving it now when things dont look good. You would wonder why he hadnt given money earlier when it might have had more effect. Im not sure what the point is, other than sort of there were some questions the last couple weeks whether he was still allin with trump. Some reporters had asked him and he hadnt really answered, so this sort of answers that question, but beyond sort of signaling hes still with trump, im not sure what the actual purpose is. Farhad, for someone whose estimated net worth is 2. 7 billion, what is the amount itself say to you . Because other Trump Supporters have given vastly larger amounts towards a campaign, and im just wondering if you think this is him putting his money where his mouth is, or if this is basically doing as little as possibl
The race for the white house are gaining momentum afafter super tuesday. Hillary Rodham Clinton and donald trump have the most wins this morning. Both candidates were in florida when they spoke to supporters. Im a unifier. I knknow people are going to find that hard to believe. I believe what we need in America Today is more love and kindness. Senator ted cruz picked up a much needed win in his home state of texas as well as in oklahoma. Riright now, cruz is predicted to win alaska. Marco rubio won the minnesota a caucus. Testimony continues today in the erin andrdrews pepeephole trial. She is suing Marriott Hotels and heher stalker over the naked video of heher posted to the internet. Erin is the daughter of our Investigative Reporter steve andrews. Her emotional testimony is now over but the trial is expected to last through the week. Bay rays kickoff spring training games today. The team will take on the washington nationals. Game time is 1 50. And more exciting news about the rays