The president broke the news in his favorite way, over twitter. Writing, quote, i am pleased to inform you that i have just named generalsecretary john f. Kelly as white house chief of staff. He is a great american, and a great leader. John has also done a spectacular job at homeland security. Hes been a true star of my administration. Mr. Priebus is the former Republican Party chairman, and he clashed with other officials in the white house, including the new director of communications, anthony scaramucci. John harwood joins us tonight on the phone from washington. John, welcome, good to be with you. How big a surprise, john, is priebus departure . And how big a surprise is the appointment of kelly as chief of staff . Well, i think the departure of Reince Priebus wasnt a surprise. The timing was a s i had been talking to people during the day who were saying, you know, sometime in the next couple of weeks, certainly by labor day, so, that wasnt unexpected. John kelly had been rumored
Of the current Interest Rate environment, but we dont try to time our decisions based on capitalizing on Interest Rates at the moment. I think for the long term, maintaining the deep and liquid u. S. Treasury markets is something thats very important to u. S. Economic security. You dont need to time it. Look at the deals apple and verizon did for multiple billions and know its better paper, i believe, than apple. I think we have the best paper in the world. And i think that the markets around the world refleblcted th. Theres a reason the dollar is the worlds reserve currency, why the appetite for u. S. Treasury debt is to high. I think, you know, as you look at the way weve created new products, its really reflected the evolution of market appetite for different kinds of products, and well continue to try to be innovative in terms of introducing products that help to keep the deep liquid markets that we have, but i think any attempt to try and design our products to capitalize on an In
For the first time ever. We have a big show coming up. Huge ceo interviews coming up. Exclusive talks with United Airlines ceo, jeff smisek and hes announcing a 2 billion costcutting initiative at a time when passengers are calling for an upgrade to his fleet of planes. Also do you pontduponts ceo el. Join us for these two interviews coming up. Yet, more to do about bitcoins amid a second day of hearings on the Virtual Currency on capitol hill, wild fluctuations continue. Look at the action in the last few days. It hit 900, after you and i did that segment yesterday. This is not normal behavior for anything like an investment. If they want to call it that. Is it safe for anybody to put their money in bitcoins . We take a very hard look at that coming up in a little bit here. Also, lets take a look at the market. A lot of action even though the market isnt far where it began the day. Dow jones industrial average with a fractional move, four points at 15,980. Down 15 points on the nasdaq
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