Want to call it that. Ten year note, man getting closer and closer as well. To the shorter term, in terms of the spread there. As you see, were at 2. 2. Crude is down after what had been a little bit of a rally of late. You can see also as well brent cruise down. Lets get to the big road map. It does start with the trump slump. As you just saw futures are pointing to another lower open and investors are wondering about new political turmoil. What it will mean for the gops pro growth agenda. Plus, the president takes to twitter calling the fbi and congressional russia probes quote, the greatest witch hunt of a politician in american history. Cisco, it warns, shares fall. Company announces a weak outlook and about 1,100 job cuts. Ceo Chuck Robbins will be with us in ten minutes from now. Well talk to him about that. And including perhaps what was less spending than they had anticipated from the fed. A lot of problems there. Yeah. We have a lot to get to. Futures of course lower in a day
This hearing will come to order. Today well receive testimony from the secretary of the United States department of treasury on domestic and International Policy issues. Thank you mr. Secretary for attending today. This is secretary mnuchins first hearing since being sworn in as treasury secretary in february and we look forward to our discussion. Many of this committees priorities fall within the jurisdiction of the Treasury Department, including Housing Finance reform and development of policies to encourage a healthier economy. We look forward to working with you and your staff on these priorities and improving the lives of americans. Hou housing reform means the most significant piece of business following the crisis. Its important to build bipartisan support for a path forward. Last week we received testimony from the federal Housing Finance director mel watt. He emphasized its congress that needs to act to determine the future of housing reform. The hearing reinforced why its uns
This hearing will come to order. Today well receive testimony from the secretary of the United States department of treasury on domestic and International Policy issues. Thank you mr. , secretary for attending today. This is secretary mnuchins first hearing since being sworn in as treasury secretary in february and we look forward to our discussion. Many of this committees priorities fall within the jurisdiction of the Treasury Department, including Housing Finance reform and development of policies to encourage a healthier economy. We look forward to working with you and your staff on these priorities and improving the lives of americans. Housing finance reform means the most significant piece of business following the crisis. Its important to build bipartisan support for a path forward. Last week we received testimony from the federal Housing Finance Agency Director mel watt. At that hearing he emphasized it is Congress Congress that needs to act to determine the future future of Hou
This hearing will come to order. Thank you, mr. Secretary, for attending today. This is secretary mnuchins first hearing since being sworn in in february and we look forward to our discussion. Many of this committees priorities fall within the jurisdiction of the Treasury Department, including housing financial reform and development of policies to encourage a healthier economy. We look forward to working with you and your staff on these priorities and improving the lives of americans. Housing finance reform remains the most significant piece of Unfinished Business following the crisis and it is important to build bipartisan support far ath forward. Last week, we received testimony from director nell watt. The hearing reinforced why conservatorship is unsustainable, namely g. S. E. s having zero capital, tax pay ornse the hook for losses an the government taking all risks. A number of groups released proposal in recent months, including the milkin institute, several writing jointly for
Busy hour. White house on defense this week. Epa head pruitt and sean spicer pushing back on the media going nuts over the president s decision to nix the paris climate agreement. May jobs report falling short of expectations. Why is the market shrugging it off. Just where are the jobs . Kathy Griffin Holding a press conference from getting fired for chn because of a horrible, isislike photo. Why she says she is the actual victim. Unbelievable. It is unbelievable. Back to major market records, all three averages ending at new highs for the second day in a row. Nicole petallides on floor of new york stock exchange. With the big winners. Great to see you, nicole. Reporter lauren, market loves to see the market at new highs. Everybody loves it for their 401 k s and iras. Dow up 15 since election day. That momentum continues, shrugging off some headlines. Looking right now, the dow closes up 5points. Some of the alltime highs. Eight of the 30 in fact. Look at some of the names including mc