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immediate steps that are being taken to try to keep gas prices under control. the other thing that continues, we think, to be very important, is to hold oil companies accountable. you know, just about everybody in this country is frustrated with the extraordinarily high price of gas, except for oil executives who have made it clear they re not going to invest in production when they re as profitable as they are. that s why the president has called for use it or lose it rules if an oil company is sitting on production permits or leases and not using it to do the kind of production that could lower the cost of oil, that they re held accountable for that. right now, there was unified, congressional opposition, but we think it s a good one that would make a difference for consumers who are feeling the pain at the pump. secretary, i know you re here to talk about transportation, but unfortunately many days we have to talk about gun violence, and so given the latest mass sh ....
Eighth straight decline. But it is those financials that are the big story this hour. The worst month for the banks now in more than a year. Josh, what is this about . Is this all about rates, which arent doing what people thought they were going to do. I think rates is in there. Deregulation is in there. Weve been talking about this stuff for a while. I would point out, actually, though, that beneath just pure price action, momentum on the sell side is stating to slow down. Take a look at Goldman Sachs. Starting to form a beautiful hammer. Of course, well see where she closes, but that would be the type of thing youd want to see, to say okay, enough is enough. Also, scott r bear in mind, financials are still the Top Performing s p sector going back to the election and quite frankly, by a lot. So, yeah, theres been damage here. Along with a lot of other down 10 . Morgan stanle ....
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In the ek change of gunfire, one officer was shot. He was wearing a bulletproof vest. Apparently his injuries are nonlifethreatening. The other officer was hurt by glass shrapnel in the shootout. He has been taken to a hospital. The elizabeth mayor says that he was shot in the leg, but video that we have seen and pictures that we have seen and you are looking at the suspect right there laying on the ground in front of that green car, indicate that he may have been hit in the arm. Were not sure were trying to confirm that, but we do know that he has been shot. He is in custody. He is in a hospital. Two officers hurt, nonlifethreatening injuries. He, of course, rahami is suspected in the weekend series of bombings that took place not only in new york city, but also in new jersey. Police do believe that those are linked at this point. It is not certain whether or not he had any help, any other accomplices. Reuters is reporting that a family friend said that he traveled to he, rahami, trav ....
Off of the table of using Ground Troops. A number of republicans and some democrats are saying that sends the wrong signal. Mike viqueira we knew this was coming as far as expanding the air war, but were now starting to get more details politically. Does that take some pressure off of the Obama Administration from these members of congress who want to see things ratcheted it up in politically the pressure is going to be off because congress is leaving over the course of the next couple of days. They are not going to be in town and have the microphones in front of them. So the president and remember this will follow a house vote later today and authorize the arming of those rebels and that has become the most controversial point, to arm the Free Syrian Army and others within syria. And secretary hagel summed it up ....