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Transcripts For CNBC Closing Bell 20160714

For future Public Offerings. Plus, the infamous biotech ceo Martin Shkreli was back in court today. He now faces eight counts of fraud and conspiracy to commit fraud charges. He has a trial date has been set. Well have the latest developments from the courthouse in just a few minutes. And larry kudlow has bold plans in a Federal Reserve restructuring, the whole thing. He says janet yellin and everyone else should be thrown out. Find out who he thinks should and its not larry. He doesnt think himself should be at the helm here, but he has some ideas about who should be. Coming up. Lets start with Jpmorgan Chase earrings beat. Kayla tausche is standing by on the floor of the stock exchange. The stock has been up close to 2 all day and it is really boding well for the rest of the banks as well, having a halo effect, not only on the other big Money Centers that still have to report, but also on visa, after positive data on credit card spending from the bank. That was just one data point am

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