Mccarthy warns democrats the tide may turn against you in the future. You will regret this. You may regret this a lot sooner than you think. If thats the new standard, if people are held to what they have said prior to even being in this house, if the majority gets to decide who sits on other committees, i hope you keep that standard because we have a long list you can work within your own. Harris sooner than you think, he says. Also in focus this hour claims of hypocrisy against a major book publisher, rnc chairwoman Ronna Mcdaniel reacts. A new battle over whether taxpayers should be on the hook for 650 billion in student loan debt. Steve forbes will weigh in. First lets bring in florida congressman matt gaetz of the House Judiciary Committee to talk about our top story. I understand you did not vote with those 11 republicans to remove Marjorie Taylor greene from her committees, why . It wasnt an attack on Marjorie Taylor greene it was attack on the voerts. She got more votes than i
Wearing, sanitation, ventilation, separation, we are not going to get a handle on this to be able to fully open our economy and our schools in our society. That is what has been ignored by the administration. That is what we must insist upon in this package. It has been another bills but they have not acted upon the resources in a way science would demand. That said come on the subject of the airlines, ive made the case to my colleagues this is a special case because in order for airline employees to return to the workforce, there are National Security concerns, there are concerns about certification and all the rest of that, not somebody leaving a job and coming back to a job, but having to qualified could take a couple of years for a pilot, six months for a flight attendant, six i think we should pay special attention to that. We should not do that and lose all leverage to do Everything Else we have in the bill, which is to crush the virus, honor our heroes, put money in the pockets
Employees are walking off the job after the ceo barred political activism at work. We will have a live report. Venture a longtime capitalist who just took his company opendoor public dont just for look at public and private markets amidst a pandemic and an election. First, stocks climbing on speculation a stimulus plan will get done. Doolittle, walk us through the Market Action today. Abigail something a bit new today, thats the fact that markets were relatively calm, although the word relatively is important. We did have a bullish ending for stocks, the s p 500 finishing at its best level since early september, and for the most part stocks were higher all day. There was one little wobble late in the morning here on the east coast when speaker of the house nancy pelosi said she wont accept a skinny deal on the airline stimulus are bailout for the airlines unless it is colluded included in a bigger deal. Action withe more the dow transport, another. 8 percent. About then that headline c
Skyrocketing a heart thumping 50 its not all rainbows and butterflies. Ibm was caught in a bad romance. The separation sending shares up 6 today more on the big blue breakout. Ibm has seen a little love from investors over the past decade so it is splitting itself in two and saying it will list its it services as a separate company next year. Investors initially cheering that move sending shares up about 6 but the ceo reminded inversers that it i ddivested in the 90s they didnt play into the value. Shares have under performed through the broader if he can sectors to broader names like or cal. But two years ago ibm was about watson and tech. It is said watson is barely mentioned on earning calls ibm was late to the game and still far behind amazon and google back to you. Lets trade this. Question, guy. I will start with you. When you start with a question, it always confuses me. Does this spinoff actually further ibms turn around plan or is this just Financial Engineering . The latter.
Unit into a separate Public Company. More on that in just a bit ibm up and all the markets up with 59 minutes left in the session. All the big stories of the day coming up. Morgan stanleys Ceo James Gorman on the back of his companys 7 billion deal today to buy Investment Firm eaton vance. Carnival giving a Business Update as the crews and travel industries continues to deal with uncertainties amid the pandemic ceo Arnold Darnell will be our guest next hour. The ceo of Amc Entertainment will join us to discuss the rollback of more blockbuster movie releases why he is staying open when some of his competitors are deciding to close lets look at the stories we are watching in the final hour of trade. Joining us to talk about regenerons push for emergency authorization for its covid19 treatment is alettia young bob, start us off on the market. There may be no stimulus, but the market is actsing like there is going to be one they have levitated themselves into believing something is going t