President trump is set to meet with senior military leaders just a few minutes from now. He says all options are on the table after earlier today he condemned the suspected Chemical Attack this syria and said his administration would be making major decisions on how to respond in the next 24 to 48 hours. We will have much more on that, including the president s unprecedented criticism of putin. But first, the other news thats breaking right now thats tied to russia in a whole different way. The fbi raided the law office of Michael Cohen, president trumps long time personal lawyer today in manhattan. According to cohens lawyer, the fbi was acting on a referral by special Counsel Robert Mueller and Empowered By Search Warrants from u. S. Attorneys in the Southern District of new york. According to the new york times, the fbi seized emails, tax documents, and Business Records from cohens office. Thetimes says the seized reports include communication with president trump. The move today by
with the cnbc market wrap. u.s. stocks closing well off their session highs. according to traders reports of an fbi raid on the office of trump s personal lawyer michael cohen contributed to that late-day decline. the dow up 46 points, wiping a 400-point rally in the final hour. the s&p rose eight points ask. the nasdaq picked up 35. wells fargo may feis a fine of up to $1 billion by the consumer protection bureau according to reuter s. the lender faces penalty abilities for reports of auto insurance and mortgage lending abuses. that s it from cnbc first in business worldwide. quite a lot of colleges to pay for though. a lot of colleges. you get any financial advice? yeah, but i m pretty sure it s the same plan they sold me before. well your situation s totally changed now. right, right. how bout a plan that works for 5 kids, 2 dogs and jake over here? that would be great. that would be great.
welcome back. good news for home buyers in the housing market. that s right. new mortgage rules are in effect and aim to put an end to some of the worst mortgage lending abuses of the past. here with the details, real estate expert and author of find it, fix it, flip it, michael corbett and show us great homes for sale with affordable monthly mortgages. i know big changes in the mortgage market right now. what are they? break the rules down for us. what these new rules do, they re called qualified loans, which actually seek to have buyers get into loans they can afford finally by verifying their income, assets, and their debts. also it restricts those terrible nondocumentation loans and no interest loans and up front fees and lastly, what they do is also