U. S. Session. We see a little bit of a bounceback. Stocks were changed and they bounce to gains and losses as investors head into centralbank action later in the week. They may be watching capitol hill and the u. N. But they will also pay a lot of attention to the central banks. We see them all up in the neighborhood of. 1 . The 10 year yield pulling back slightly today. 1. 68 is where it stands. If you look at the rate hike expectations for september, we have trended lower over the course of the year. They are standing right around 30 , a little shy of that. We also have a split among primary dealers with the Federal Reserve, unusual. Two of the dealers calling for a rate increase at the meeting and the remainder saying there will not be an increase. Going into the meeting, even though the rate hike odds are still debate about what the Federal Reserve will do tomorrow. Onwe are preparing to hear capitol hill, i wanted to look on wells fargo and see how the shares are doing. They are
Notice by email or by letter to make sure that we know exactly and they know exactly what they opened. It seems like it took an awfully long time to impose those basic controls. I see im out of time. Thank you, mr. Chairman. Senator menendez . Thank you, mr. Chairman. Thanks for response. The letter you received asking for hearings. Mr. Stumpf, let me just say im personally appalled by the size, the scope, the duration and the impact of the scandal. And i must say that im shocked and incredibly disappointed by the response of wells fargos Corporate Executives. You and your chief Financial Officer have taken to the press and laid the blame squarely on low paid retail bank employees. While i dont excuse what they did by any stretch of the imagination, i find that despicable. Wells fargo touts to its customers that we will never put the stage coach before the horses. The bank recklessly rolled over 2 million of your customers in what is no way can be viewed other than a largescale scheme
317. Eos compensation rose today, she testifies before the House Oversight Government Reform Committee live at 2 00 p. M. Eastern on cspan3. You can also watch it live on cspan. Org or listen live on the cspan radio app. The cspan radio app makes it easy to continue to follow the 2016 election wherever you are. It is free to download from the Apple App Store or google play. Get audio coverage and up to the coverage, plus podcast. Imes stay uptodate on all the election coverage. Cspans radio app means you also you always have cspan on the go. Up to the debates between Hillary Clinton and donald trump, we look back at house president ial debates saturday on cspan at 8 00 p. M. Eastern. Today, it is gerald ford and former georgia governor jimmy carter. Were faced with heavy inflation, over 12 . We were faced with substantial unemployment, but in the last 24 months, we have turned the economy around, we have 500,000 with jobs today that were out of work three months ago. Increase and0 unem
Less than 30 seconds away now. Europe. What happened there . What will it tell in terms of a story for our markets . I can answer that by saying theyre up over the major averages. We dont have italy or spain which were sad about. Tenyear note yield and crude oil always a key here. Certainly crude has been according to my coanchor, mr. Cramer, in recent sessions, you can see the 10year note deal a shade under 1. 7. John stumpf is going to testify before the Senate Banking committee. Hell face questions about Bank Employees allegedly cheating customers by opening fake accounts to achieve their sales goals. In his prepared text, stumpf says, i am deeply sorry that we failed to fulfill our responsibility to our customers, to our team members and to the American Public. I accept full responsibility for unethical sales practices in our Retail Banking business and im fully committed to doing Everything Possible to fix the issue, strengthen our culture and take the necessary actionses to resto
Thank you for your time. Both bush and obama to some extent were prisoners of the situations they did not create. On the other hand they were theing participants in existing budget again. Author and Washington Post columnist Robert Singleton talks about his columns on business and economic issues, and the u. S. Economic performance under president obama. My opinion is not so high because he pursued policies that atentially were aimed buttressing his reputation and his legacy. It seemed to me it undermine the general confidence in the economy. Tonight at 8 00 eastern on cspans q a. More we will have a government of, by and for the people. We are stronger together. In a matter what, remember this, love trumps hate. Cspans campaign 2016 continues on the road to the white house with the first president ial debate monday night live from hofstra university. Beginning at 7 30 p. M. Eastern with a preview of the debate. At 8 30 the briefing for the audience. At 9 00 p. M. , live coverage of th