get his father-in-law in trouble. do you agree with jason? jared kushner has only ever worked for his family business, a private company. jamie diamond, the chairman and ceo of jpmorgan, doesn t eventually have to do the right thing. he s held accountable every day right out if front whether it s his board, his employees or shareholders. is this just jared has never had to behave like a grown-up in the real world? i think jason is absolutely correct and that it is a shame that we are relying on someone whogs so young and so inexperienced who doesn t have any real corporate experience or political experience and who is relying on the fact he is related to the president and being trusted by the president. this is not a good thing for america, and i think the russian bank meeting is really a telling thing. why is he meeting with them? it s a bank under sanctions so it s illegal for him to do business with them. why is he meeting with them if it was during the transition for anything e
another. and america, 5% of the world s population, 25% of the world s oil consumption. that is why saudi arabia matters so much. but it s not just the oil, there s some other business going on. if you think about why president trump would choose a trip like this, saudi arabia and the united states has a tough relationship, especially in the last couple of years. president trump ran saying i m going to be your businessman president, an he s not alone. he s got with him a cadre of ceos. the head of boeing, the head of jpmorgan. jared kushner himself put in a call to lockheed martin saying that defense system, you better lower that price. according to the new york times they did. this could be a big win for the white house. that resulted in what seems to be $110 billion arms sale, american arms to saudi arabia. the white house calling it the biggest deal biggest arms deal in history. this is interesting because it s not new. what we ve done for a long time is we ve sold arms to p
he s arriving for meetings on capitol hill right now. that is mike pence. he s got meetings all day. we re talking dodd/frank. i want to talk about wall street, banking is one of the most hated industries. when we look at some of the people surrounding donald trump, if he chooses a steve mnuchin as treasury secretary, he s a goldman sachs partner. wilmer ross, hedge fund guy. i m comfortable with these choices. the american people don t feel good about wall street. why should they feel good now? i think it s a shame. what we have done to wall street is it s an unprotected class. not a gender or anything like that. so it s a group of 0.1%ers so they might have some kind of evil to their personalities. i started in middle class. i worked on wall street for 28 years. but donald criticized hillary for being cozy with wall street and that s what he is. i don t see him as cozy with wall street at all. if jamie dimond, ceo of jpmorgan can be an adviser,
january, rolling out all these things on capitol hill, but he also wants to make sure he can rely on loyalty people in his inner circle. people from the business community following the financial crisis, so many americans were angry, angry at the establishment, angry at wall street. many of those people elected donald trump. as we look at potential names here, steve mnuchin, a former goldman sachs partner. his dad was a goldman sachs partner. jamie dimond, you re talking about the ceo of jpmorgan, repealing dodd/frank, getting rid of regulation is supposed to create jobs. dodd/frank is simply about bankers. it s about traders. how do any of these names speak to the kind of people who voted for donald trump? it s a compelling question. and what we have seen from trump is this unorthodox populist conservatism. it s not going to be easily defined. you re right. he s looking at people from wall street for some of these top
unsurprisingly, a large portion of that is happening on mobile devices. and in the first two hours we saw 84% of that being done on mobile devices. let s get back to the trump presidency. we all know jamie dimon, the ceo of jpmorgan, he may also be the next treasury secretary in a trump cabinet. is that likely? people don t think so, because he didn t support donald trump in the campaign and he s previously said on record i m not interested in the job. but the conversation got people talking about it, so that s why we re talking about. good to see you, thank you so much. carolyn roth in london for cnbc, louis? we re going to turn to sad news out of the music industry. leonard cohen has died. the news confirmed by his record label. cohen released his final album just weeks ago to stellar reviews. some considering it some of his greatest works to date. in a recent interview with the