advisor jarret bernstein about the ministrations plan to combat rising prices. plus. the american people are looking for a new direction and house republicans have a plan. congressional republicans say they are bullish on their chances to take the house in november. we are going to fire nancy pelosi. shannon: are they succeeding in making their case to voters? we will show you what our polls say. will speak live with the number to a public it in the house congressman steve scalise about his party s plan should they take the majority. then. this investigation is not about politics. the committee investigating the generally six the right at the capitol votes to subpoena former president trump just ahead of the midterms. what we will ask our sunday pen about the 11th hour move and whether trump would comply. then. these artifacts have never been on display here before but. the most secretive buildings in the country opens up and are jennifer griffin takes you there
advisor jarret bernstein about the ministrations plan to combat rising prices. plus. the american people are looking for a new direction and house republicans have a plan. congressional republicans say they are bullish on their chances to take the house in november. we are going to fire nancy pelosi. shannon: are they succeeding in making their case to voters? we will show you what our polls say. will speak live with the number to a public it in the house congressman steve scalise about his party s plan should they take the majority. then. this investigation is not about politics. the committee investigating the generally six the right at the capitol votes to subpoena former president trump just ahead of the midterms. what we will ask our sunday pen about the 11th hour move and whether trump would comply. then. these artifacts have never been on display here before but. the most secretive buildings in the country opens up and are jennifer griffin takes you there
Move a vote of confidence in the economy. This morning we want to hear what you think. Has your confidence in the economy recovered since the Great Recession . How do you expect a rise in shortterm Interest Rates to impact your spending and saving . Our phone lines are opening. We have split are from lines along income brackets. If you make under 25,000, the phone number 2027587800. 8000. If you make 51,000 to 100,000 2027488002. If you make over 100,000 8003 is your number. You can catch up with us on social media and twitter and facebook or email us. A very god thursday morning to you. A very good thursday morning to. Headlines beginning with the New York Times. Fed raises rates closing chapter of u. S. Recovery. The front page of the Financial Times. Historic gamble for yellen. To the front page of the business section of the New York Times. Shares rise as wall street takes the news in stride. Usa today. Liftoff the headline. Region ans recovery stork milestone wednesday as the Fede
Stunning new warning today. The Pacific Coast power house urging investors. Good to talk to you today. Good to be here. You expect the u. S. Economy to grow at an above trend 2 rate. That the fed is likely to hike more than the market is pricing in. That investors are going to be shocked. What gives you that view . So the u. S. Economy even though weve seen sign of slowing down is going to grow at 2 . So trend growth is somewhere below 2. Its nothing very exciting. And while we reached the end of you know where the fed can tighten very far we do think as we go through 2016 and Oil Prices Recover we should see the fed hiking more than the hikes that the market is pricing. Global growth is going to subdue fears yet the market is most worried about a recession at this point. Are those fears overblown . Theyre not overblown. Theres always a risk of a recession and clearly with the end of the fed markets, and the currency, the u. S. Dollar has moved up 20 . It puts strains on different part
Welcome to squawk alley for thursday. Joined today by the founder and ceo. Good to have you back. Great to be here. Watching a pretty descent rally here. Its being overshadowed by the top story of the morning. That of course is testimony or lack there of on capitol hill. Do you wish to make an Opening Statement . On the advice of council i will not be giving an Opening Statement. On the advice of council i respectfully decline to answer your questions. I intend to follow the advice of my council. Not yours. On the advice of council i invoke my fifth amendment right and respectfully decline to answer your questions. Meg has been covering that all morning long and she joins us from washington. His face one quite as see len. A lot of facial expressions including representative cummings. Listen to what he said. Like a scheme, it appears that maybe using revenues to research and identify the next drug and then impose massive bryce increases on victims. Its not funny mr. Shkreli. People are