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washington with a lot more. we are less than 24 hours into this stunning news of president trump firing james comey, the fbi director, who is leading an investigation of the trump campaign and trump associates over ties with russia, which, of course, interfered with our election. we saw just a few minutes ago that the two leaders in the senate, republican mitch mcconnell and democrat, shuchuc schumer took their roles. what we have now is our democratic colleagues complaining about the removal of an fbi director, whom they themselves repeatedly and sharply criticized. that removal being done by a man, rod rosenstein, who they repeatedly and continually praised. chuck schumer, the minority leader, had a different view, as you would expect. i will be requesting that the majority leader call a closed, and in necessary, all senators briefing with the attorney general and deputy attorney general separately at which they can be asked questions. but beneath those two ....
and welcome to power lunch. i m melissa lee. as brian pointed out, disney shares getting slammed on the revenue miss. the stock is the biggest drag on the dow shaping off about 20 points off the industrial average. energy and real estate the best performing sectors, health care and discretionary the biggest losers. check out the big movers here, yelp about 20%, co it coty soar. thank you very much, melissa. welcome, everybody, to power lunch. i m tyler mathisen. losses at the u.s. postal service narrowing from a year ago. the e-commerce boom package to offset first-class mail declining revenue there. and amazon slashing free shipping minimum requirement to $25 from $35 for nonprime members. earlier this year walmart rolled out free two-day shipping for orders of $35 or more. and apple supplier foxcon will begin construction of a u.s. plant in the second half of the year. we begin today perhaps understa understandably with washington and arguably the most highly an ....
today and we think we look for to your testimony an answer to our questions, you may begin. i do mean it. i think oversight of the fbi, all parts of government is essential. i think it was john adams that wrote to tom jefferson that power all always thinks it has a great soul. the way you guard against that is having people ask hard questions. i promise you i will do my best to give you that kind of answer today. i also appreciate the conversation i know we will have today about reauthorizing , section 702 of the foreign intelligence surveillance act that you mentioned, mr. chairman. this is a tool that is essential to the safety of this country i did not say the same thing about the collection of telephone dialing information by the the nsa, i think that s a useful tool. 702 is an essential tool and if it goes away, we ll be less safe as a country. and i mean that and would be happy to talk more about that thank you for engaging on that so we can tell the american ....
it runs about four hours. conversation] we will take turns going. so, somebody needs to be here presiding while i go vote. and i ll run over and run back and we ll do the questioning according to the fall of the gavel, or the earlybirds, whichever rule applies. director comey, welcome. we thank the fbi or what it does to keep america safe. there s been a lot of controversy surrounding the fbi since the last time you were here in 2015. in march you publicly fbi isedged that the investigating allegations of coordination between the trump campaign and russia s efforts to interfere in the 2016 election. under president obama s order, clapper had been in charge of the intelligence community s review of that inference. he testified that president obama asked the intelligence community to compile all availa ble information. after he left office, mr. clapper said there was no evidence of collusion. the new york times reported that there was no proof of collusion. where is a ....
facebook and twitter. we want to hear your reaction. two banner headlines, first the washington times. trump fires comey, citing judgment doubts. another banner headline, trump fires comey amid russia inquiry. the new york times printing the letter that president trump penned for james comey yesterday informing him that he was terminated from office effective immediately. youaid, while i appreciate informing me on three separate occasions that i m not under investigation i nevertheless concur with the judgment of the this that you are not able to effectively lead the bureau. firing we turn to katie bo williams, staff writer for the hill newspaper. talk to us more about the reasoning and timing. guest: the administration is saying that this is over comey s handling of hillary clinton, the investigation into her private email server. they are saying his decision to publicly announced so much detail about that probe in july, the bombshell letter in our over to congress ann ....