Reporter that meeting between the president and county and state emergency officials in california wrapped up just minutes ago. Emergency officials spoke and informed the president of the 20 night significant active wildfires that are currently bring across our state. As we know, those fires have claimed lives, destroyed thousands of homes and have left much of Northern California and really a lot of the metro areas across the west coast in a constant cloud of smoke and unhealthy air. It was against this backdrop that the present touchdown in in Northern California on air force one. He was at mcclellan park, a former air brace airbase where they landed. He wrapped up that briefing with state and county emergency official. Gov. Gavin newsom set to the right of the present and the tone between the two leaders was professional and crowded, the reasons be hind the fires are a political flashpoint between the president and some democratic governors and west pick drought like conditions and
Up for success in november. Well also talk to white house trade advisor Peter Navarro this morning about a second term agenda and why he believes the election could all boil down to china. And in the middle of this a Major Development in the russian collusion hoax, with john durham interviewing former cia director john brennan on friday as part of his criminal investigation, this is expected to be one of the last steps before durham releases his findings in the coming weeks. President trump shared his suspicions about brennan with me when we spoke back in may. How involved was john brennan . President trump totally involved totally involved. John brennan was one of the architects in my opinion. You look at brennan, look at them all but ultimately the president knew everything. The president knew everything. President obama and Vice President biden, they knew everything. Maria will john durhams criminal investigation result in high profile indictment congressman devon nunes and trey gow
And the recent peak last week up more than 80 . Some investors taking trips off the table. The 10 year yield down. It does not feel panicked. It seems more orderly. If below that, it could get disorderly but right now, orderly selling. You mentioned froth the market when it comes to tech. Any indication that comes out so far question mark they are still so far . They are still relatively high. Relative to technicals, it seems the buyers are trying to step in even with the sellers at work. Nasdaq 100 holding its moving average. Apple has not touched that support line. We could see some selling pressure but we are likely to see the market hold up so long as they are in place. Tech has taken the spotlight away from oil. Oil is down today more than a percent. It is something to keep in mind. It is risk off but oil is very sensitive to the economy. This is one time investors may be nervous around the economy. But overall, orderly and risk off. David lawmakers return to washington with a ful
7. 44 . As you noted before the yield curve. Steepening and a rally in the financials you mentioned that june 10 was the high that was the day where the markets had their maximum enthusiasm about the strength of the recovery and how fast it would be that was the peak where the come back of value and cyclical sectors. That seems to be the dynamic and the push for which stocks were preferred and the market seven days in a row of records is not to be dismissed guys the intraday record high in this session and well have to see if this continues . Yesterdays high is around 3,500. Coming up, well talk about the abrupt halt to the sports world. We ha we have fed president s and the interim ceo of tiktok. What a story it has been and a soap opera all week long we are learning more in the details in the sale of tiktok after walmart confirmed it has teamed up with microsoft sources tell us that walmart ineshlly wanted to be the lead buyer together with what was alphabet and soft bank coo and ran
Good morning. This hear willing come to order. This hearing will come to order. I want to thank acting secretary wolf for his service and for taking the time to come before our committee here today. I know you have a lot of things on your plate here. The committee does appreciate you taking the time for coming in and explaining whats all been happening and answering our questions. Your full testimony, full written testimony will be entered in the record. For my part, im going to read my Opening Statement, and then there will be a twominute video at the tail end of my statement. The federal protective Service Officer David Patrick underwood was 53, on may 29th, when he was shot dead guarding a Federal Building in Oakland California during a protest. His partner was also shot, but thankfully survived. News reports said the protests involving approximately 8,000 people turned chaotic and violent as demonstrators smashed windows, looted stores and broke into a bank a few blocks from where