down by just over 0.1%. in europe, in the early trading, the dax is up by about 0.4%. ftse has bigger gains, up by 0.6%. green arrows across the board. look at crude oil prices which yesterday late were a little bit higher after numbers came in indicating there was less of a draw down than expected in the united states. right now wti hanging in around $45. it is a lighter day for your economic agenda. at 8:30 a.m. we get a report out, the august import price report. despite the rather boring name, it s actually a pretty important measure of inflation. import prices are expected to have fallen last month. but the big corp praorate s is wells fargo. john stumpf appeared on mad money last night and told jim cramer he will to the resign though he does hold himself accountable for abusive account opening practices at the firm. it may mean some people say that you have to resign. jim, i think the best thing i can do right now is lead this company. today we made actually a
bush as chief economist and is dean of the columbia business school and johnson goolsby is an economic professor at the university of chicago. let s begin with you, austin. let s pretend for just a moment, we wake up tomorrow and the senate is controlled by the republicans, what happens next? well, the senate won t be controlled by the republicans until they get sworn in. i think what will happen next is a mad dash to get as many things done with the democratic majority still in the senate as they go into the lame duck session. i don t know what glenn thinks but i don t think they ll get a whole lot done. and then it sets the stage for this battle of wills. there s one group of people in the democrats, and you saw joe biden repeating this view, that if republicans take the senate, then the pressure will be on them to get something done so there will be more compromise and the other view, which i say i more believe in it would be more like 2010, if the republicans win, they
we don t look at the responsibilities we have on the committee differently. i have confidence in richard burr that we together, with the members of our committee, are going to get to the bottom of this. when we started this, we saw the scope and what was involved. i said it was the most important thing i d ever taken on in my public life. i believe that more firmly now than even when we started. we re going to get it right. thank you. there are three ongoing investigations into possible links between the trump team and the russians. the fbi investigation confirmed by director james comey last week in an open hearing, an investigation which will play out largely in secret. then there s the house investigation, which is frankly in disarray amid calls from every democrat on that committee for the chair, nunes, to recuse himself. and then the senate investigation, which will play out at least in part in the light of day, and which appears to reflect, at least as of now, a gen
i ll do something i ve never done. i ll admit that i voted for him. we always hide who we vote for. that s part of e democratic process. but i ve got a job in the united states senate, and i take that job extremely serious. it overrides any personal beliefs that i have or loyalties that i might have. mark and i might look at politics differently. we don t look at the responsibilities we have on the committee differently. i have confidence in richard burr that we together, with the members of our committee, are going to get to the bottom of this. when we started this, we saw the scope and what was involved. i said it was the most important thing i d ever taken on in my public life. i believe that more firmly now than even when we started. we re going to get it right. thank you. there are three ongoing investigations into possible links between the trump team and the russians. the fbi investigation confirmed by director james comey last week in an open hearing, an investiga
america. and against what bannon refers to as globalists. that would be people like gary cohn, jared kushner, h.r. mcmaster, and steven mnuchin. in some ways, bannon is now unchanged from the constraints of the white house that sort of had him pinned down. he is now free to go out and do whatever he wants. what s the reason why bannon is gone? you ve seen that cover of the time magazine article. it looked like bannon was the real power behind the throne at the white house. there is also the book, devil s bargain, the rock at the trump road all the way to the presidency. there was some talk in july that bannon may be leaving at the same time reince priebus was. i am told by sources in the know at the white house that bannon tenured his resignation to the president on august 7th. the deal was that his resignation and departure was going to be announced at the beginning of this week but that all of the events in relation to charlottesville and the aftermath of that pushed th