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Important to conservatives in 2020 and the Republican Partys future agenda. And later the drug policy alliances kassandra joins us to discuss the history of the war on drugs. [video clip] more need more prisons, jails, more courts, more prosecutors. I am requesting altogether 1. 5 billion in drugrelated spending on Law Enforcement. Former president george h. W. Bush on september 5, 1989, what many site as the beginning of the u. S. War on drugs. Good morning, this is washington journal. 30 years later, the fight against drug abuse continues with news yesterday from President Trump of another 2 billion in funding for the Opioid Crisis. The first hour talking about the legacy of the war on drugs. What experience have you had with it . The numbers to call for those ....
Donald trump is once again telling us he only accepts Election Results when he wins. Last night at a gop dinner in minnesota he falsely claimed he beat President Biden in the state in 2020. Backcheck. Biden won minnesota by 230,000 votes. Trumps Midwest Campaign stop came on and off day from his Election Interference Trial in new york. It is a pilgrimage of sorts. A suite of republicans joined. Mike johnson parroted trumps lies. Joining us is holy in castro and special correspondent molly jong fast. So good to be here. I have a question for you. After this week of shenanigans by republicans coming up on the train and spending time with dear leader, what was your take away when you juxtaposed that from the drama outside the courtroom and the politic ....
Nasdaq declining. 26 . While the averages didnt do much, there was one recently red hot Smoking Group that really got knocked off its stride. The drug stocks going in today, the pharma complex was on fire levitating day after day, one of the strongest sectors in the market and then we get one darn tweet from the president that wrecks everything. Or does it . First, lets deal with the president ial tweet, and i quote, i am working on a new system where there will be competition in the drug industry. Pricing for the American People will come way down end quote. Not a lot of detail. Not a lot of specificity. You only have 140 characters with which to opine, but boy, oh boy, thats about the last thing you want to read if you own any drug stocks. So what do you do . Lets go mobile choice here. Do you a, panic and sell everything . B, wait to see what happens . Or c, buy the drug s ....
Welcome to squawk on the street. Im Carl Quintanilla, david faber, jim cramer at the new york stock exchange. Get to wells in a moment. Premarket weak on the back of disappointing chinese trade data, renewing concerns about global growth. Europe down more than 1 . Yields here falling back to 1. 75. And oil still fighting it out just above 50. John stumpf said departure comes amid that scandal thats engulfed wells fargo. Tim sloan is now the new ceo. Sanger will be nonexecutive chairman. Jim, happened suddenly, tensely worded press release. Your thoughts after seeing that tape. Well, first, when i asked stumpf whether he would resign, that was regarded at that moment as a radical question. Almost idiotic. People said what are you kidding me . Jumping to conclusion. And i just felt that the way went through the crisis the crisis is a very simple lesson. You lose your job whether you know about what happened underneath or you dont. ....