Gina ewing testified that the Biden Administration has driven a historic recovery over the last three years and address the need for Regulatory Framework stable corns and Digital Assets. Intelligence and the financials actor. This is about two hours. Committee on banking an the committee will come to order. Secretary ellen who has been taxable in the schedule and we had to change the time from yesterday to today and then she has to leave at 11 30. We will risk back that. I will enforce the five minute rule on myself and everyone else. Thank you for understanding, all of you. For a long time, its clear what gets rewarded and wall street. Bigger risks mean bigger profits. Your profits mean more stock options. Bigger profits mean fatter bonuses. Then we end up with a wall street culture that glorifies seen just how much they can get away with. Executives know that when big bets pay off, they get to cash out and when is bets failed, they dont clean up the mess. Workers and taxpayers and ou
And assume the responsibility. Amy west African Leaders from ecowas are holding an emergency summit to determine their next steps after a deadline past sunday to restore nigers mr. President. Former president. We will get an update. Then we speak to ukrainian pacifist Yurii Sheliazhenko who has been charged justifying russian aggression days after his apartment was raided and searched. It is total nonsense. [indiscernible] amy than 10 peace activists are rested on the runway of a u. S. Airbase in the netherlands where 15 u. S. Nuclear bombs are stock out for nato socalled nuclear sharing program. The action came on the 78th anniversary of the u. S. Atomic bombing of hiroshima and nagasaki. We will speak with john laforge who just served a 50 day sentence in germany for protesting u. S. Nuclear weapons stationed at a base there. Within the pentagons threatened use we take the pentagons threat very seriously. This ongoing well rehearsed readiness to tech people with Hydrogen Bombs is an
U. S. Equities will open higher 183 points higher. Nasdaq opening 107 points higher s p looking to open 25 points higher treasury yields sitting at 4. 011. The 2year treasury at 4. 79. We were down five of six days in the s p that is the case sdplchlt to see th z to see the markets showing the cp oi print. You think the mood is a mini bear i do totally. People are looking at this and the question is not a break in the trend, but how much of a break . Let me take cash off the table. I have been waiting so long. I dont mean the rally is over we were talking to different people 10 pullback would be healthy. Down 2 or 3 from the highs, yeah i thought it was tom lee who was talking about that 100point week now more choppy. I wonder if were in the chop. I think we might be. We have the key inflation data due at 8 30 a. M july cpi expected to rise. 20 on the month and 3. 3 for the headline for the year. We also have my personal favorite with jobless claims. Why is that your personal favorite
Coins and Digital Assets. Concerns over insurance and real estate markets and risks posed by using Artificial Intelligence in the Financial Sector on the Senate Banking committee of, this is about two hours and 15 minutes. The committee on banking, housing will come to order. Secretary yellen , who has been flexible on the schedule and we had to change the time from yesterday to today, she has to leave at 11 30 and we will respect that. I will enforce the five minute rule on myself and everybody else. For a long time it has been clear what gets rewarded on wall street, bigger risks mean profit and that means more Stock Options which means fatter bonuses and then we end up with a wall street culture that glorifies a it leads to an economy of excess and a shrinking middle class. That is how we got east palestine. And the ceo of stellantis making three times what the average worker makes. We saw that plan play out with poorlyrun banks putting profits above Risk Management. And Small Busin
New pay to play allegations against the first family. The House Oversight committee releasing a new set of bank records they say is proof of shady foreign business dealings. Chad pergrum will break it all down from capitol hill. And the coast of going woke, Anheuser Bush selling some of the top brands after its partnership with transgender influencer Dylan Mulvaney went all kinds of wrong. Target facing a lawsuit from one of it is investors due to backlash over its pride collection that created a fire storm. Kevin oleary and lou are here to dig into where things are headed for all of the companies. And dangerous waters, another possible shark sighting at jones beach in long island just days after what was viciously attacked by a shark in Rock Away Beach in new york. Well talk to a top shark expert and why this seems to be happening more than in the past. Cheryl welcome to kansas city o coasttocoast. Im cheryl kansa casoni in for l cavuto today. Goldman, jp morgan, citi group, bank of a