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Order. Without objection, the chair is authorized to declare a recess of the committee at any time. This hearing is entitled Monetary Policy and the state of the economy. I now recognize myself for four minutes to give an Opening Statement. Id like to welcome back chairman powell. As i discussed earlier, and at our last hearing with you, i remain very concerned about the president s efforts to interfere with the feds independent Monetary Policy. A recent news story noted that trump has tweeted over 100 times about the fed since your nomination. Many of those tweets appear to be attempting to exercise pressure on the fed. Chairman powell, you and the fed board of governors must not be swayed by these aggressive tactics in upholding the feds independence you should be mindful of public perception. Of course, trump con ....
Up. Voters are still going to the polls in key states like florlt and arizona to make their voices heard. We are going to bring you the results of those races at the bottom of the screen throughout the hour. Meanwhile, all eyes are on ohios g. O. P. Senate primary where polls are closing in about 30 minutes or so. Trump endorsed frontrunner Bernie Moreno trying to hold his lead so he can take on democrat senator Sherrod Brown in november and possibly change the Balance Of Power in the u. S. Senate. Were going to bring you all those details as we get them. But, first. Ready, set, dont fire. Thats the focus of tonights angle. Thanks to House Republicans and gold star families who refuse to take silence for an answer, former biden officials were forced to sit and an ....
Booming or will rising rates drop the hammer on the sector . Im tyler madison, in tonight for melissa lee, glad to be with you this is fast money, live from the naz sdaq market site we have a full table tonight last time i was here, nobody just one we knew you were going to be here we showed up. Thank you very much tim seymour is here, karen finerman, dan nathan, guy adami. Thank you for joining me thank you for letting me play at your table glad to have you. We start with a lateday breakdown in the markets stocks accelerating their selloff in the final half hour of trading all three major indexes down more than a percent on the day, closing near their lows. The dow snapping a threeday win streak, nasdaq, s p, now both lower in ei8 of the last 11 sessions and look at this the s p breaking below a key level of support today, closing below its 50day moving average. Something it hasnt done since late march and the tech titans also flashing some technical warning signs. Apple, microsoft, a ....